The 6 different verticles or types of MBA that can be pursued in India are, full-time MBA, Online MBA, Distance MBA, Executive MBA, and One-year MBA, and MBA integrated course. Each type caters to a distinct category for an MBA student who wishes to pursue it. These types of MBA can be further categorized into varied specializations, whereby each specialization deals with a particular subject of study including its related associate branches.
The various types of MBA and their scope in India have significantly risen due to the huge employment opportunities created by MBA courses. India has more than 3,000 MBA colleges and more than 8500 different types of MBA courses. Apart from the regular 2-year full-time MBA, there are 3 different options available for the aspirants of MBA.
With time, the demand for various types of MBA specializations has also increased, as each department of every sector needs experts from relevant fields. The MBA Admission 2023 process for all types of MBA specializations is similar except for a 1-year MBA where it is mandatory for students to have at least a year of job experience.
MBA eligibility is the stepping stone in determining whether candidates are eligible to apply for an MBA course. The general MBA eligibility criteria is securing a minimum of 50% marks in graduation. Students from any field are eligible for MBA admission, but some colleges such as IIT Kharagpur require students to hold a 4-year bachelor’s degree. MBA has no age limit for students but certain MBA Exams like ATMA require the student to be 21 years of age at the time of exam.
MBA can be done after completion of 3 or 4-year graduation (depending on the MBA college’s eligibility criteria). Apart from general MBA eligibility criteria; there are additional requirements such as work experience (in case of Executive MBA and MBA Abroad), entrance exam score, and performance in group discussion and personal interview round; all of which are subjective and depend on which MBA college a student is aiming for. Under MBA eligibility criteria, there are certain relaxations for reserved category students. Many MBA colleges and entrance exams offer a minimum of 5% relaxation in graduation for SC/ST/PwD/OBC categories.