The Master of Business Administration (MBA) is an internationally recognised postgraduate degree that is designed to develop the skills required for careers in business and management. The value of an MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry and other areas.
The MBA is currently the most popular professional degree course in the world. Part-time and online courses are also widely available and are extremely popular across the nations. Both traditional and part-time MBA programmes are equally popular and are accepted by all the aspirants according to their requirements.
Few lines about Part-time MBA
The part-time MBA is a 3-years postgraduate course that is divided into 6-semesters and the part-time MBA course is equivalent to the regular MBA course. The course is best suited to meet the requirements of MBA aspirants who are looking for a part-time MBA course. The course is designed in accordance with the latest and contemporary needs of the business world. The course curriculum includes a brief study of old but relevant business techniques that are still beneficial.
The course covers a wide range of business fields like accounting, marketing & management. An MBA degree is not limited to a career in management so those interested in pursuing a career in the private, government & public sector can also benefit with an MBA degree.
The students who have completed their degree in any stream with 50% aggregate from recognised university are eligible to apply for Part-time MBA course.
The students can take admission to Part-time MBA by two modes. The first one is merit-based admission and second one is direct admission.
Merit Based Admission
The students interested in merit-based admission for part-time MBA courses are required to appear for entrance exams conducted at national and international levels. The students have to appear and qualify these entrance exams in order to get merit admission to MBA courses.
Name of Exam
Indian Institutes of Management
Symbiosis Institute of Management
Karnataka Examinations Authority (KEA)
Association of Indian Management Schools
Graduate Management Admission Council
All India Management Association
Xavier School of Management
The students have another option of getting admission to a part-time MBA course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges and deemed or private universities under management quota. The direct admission students enjoy many special privileges like that they are not required to apply for any entrance exam for getting admissions. They have an option to choose their desired colleges and universities and book their seats in advance even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.
The students of part-time MBA courses will be studying the following subjects in their course duration.
Subjects of Study
Finance for Non-Finance
Joy of Management
Marketing and Consumer Behaviour
Excel Spreadsheet Modelling
Marketing of Products and Services
Financial Reporting and Analysis
Business Research Methodology
Macro Economics & Policy
Business Communication & Presentation Skills
Costing Products and Services
Synthesizing and Analysing Data Using R
Managing Operations and Supply Chain
Human resources Management
Indian Banking and Financial Markets
Managing Stakeholders and legal Processes
Managing Financial Resources
Bringing Ideas of Market
Management of Design
Business Model and Intellectual Property
Leveraging IT for Business
Corporate Governance and Social Responsibility
Analysing and Mitigating Research
Applied Business Research
Problem Solving and Consulting Skills
Ethics and Indian Ethos
Integrated Decisions Making
Applied Business Research Project
Career and Scope
There are ample job opportunities for part-time MBA students. The demand is increasing day by day and continues to thrive in the future. Many organisations are coming up with new job roles and MBA students are largely preferred.
Salary and Emoluments
The fresh part-time MBA students will be easily earning around 6 lakhs to 8 lakhs per annum. The experienced professionals will be earning around 8 lakhs to 25 lakhs per annum.
Top Organisations hiring MBA students
Some of the top organisations hiring MBA students are:
JP Morgan Chase
Some of the job roles available are:
Marketing Managers: The marketing managers are business executives who help to oversee the company's marketing campaigns and coordinate the efforts of the company's marketing employees. They also are responsible for figuring out how high the demand would be for a potential product or service and determining who might be interested in purchasing that product or service. Marketing managers can contribute to discussions about whether a business idea is viable and they may be involved with setting an appropriate price for that product or service. They often come up with strategies on how to attract consumers and increase sales.
Financial Manager: A business cannot run without money and a company that does not spend its money wisely can die quickly. That is one reason financial managers – the business executives who monitor a company's budget and decide where to make financial investments – are usually exceptionally well-compensated and also are highly employable professionals.
Management Consultant: The management consultants’ job is to advise companies on their management practices and identify problems within the organisation that may be holding the company back from reaching their goals. Many management consultants are self-employed, while others work for large firms. According to the Institute of Management Consultants, about 27% of consultants are self-employed. This is an ideal arrangement for many MBAs – a flexible career path with high earning potential.
Operations Manager: An operations manager is sort of a company’s jack-of-all-trades. He or she oversees daily operations, purchasing, inventory, coordination between departments and policy creation. Responsibilities may also include hiring employees and negotiating contracts. However, this job will vary depending on the organisation and expectations of the CEO. Therefore, this position requires a great deal of flexibility and multitasking.
There is a huge demand for MBA both regular and part-time. Many aspirants choose part-time MBAs over regular MBAs because of their financial conditions. The skilled professionals are largely hired in organisations in managerial positions. The MBA students are paid handsome salaries and also have an excellent opportunity to grow in their careers. The students interested in managerial positions can join this course.
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