mba students

MBA or Masters in Business Administration is one of the most popular postgraduate degrees in the world. No matter what profession you have chosen, law, business, engineering, etc., doing an MBA course gives you an edge over others, and that is why millions of people around the world pursue this course. It prepares you for becoming an expert in managing your business and also gives you the knowledge and skills you need to become a manager of a company.

MBA is a Post graduation degree, which can be completed in 2 years. It has four semesters, and every semester has 7 or 8 papers that you will have to clear to go into the next semester. Some major specializations are MBA in Finance, MBA in Marketing, MBA in Human Resource Management, and MBA in IT. Several private and public universities offer MBA courses, and you can opt for a regular mode of education, or you can go for the distance learning mode of training where you will get the study material. You can study according to your comfort, without worrying about going to lectures and attendance.

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What is an MBA
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Among multiple career options getting admission to an MBA course is not that easy. You need to fulfill specific basic eligibility requirements to get the acceptance letter from a university. Firstly, you should have completed an undergraduate degree in any subject from a known university and should have passed with more than 50 per cent marks. Secondly, you should have achieved the minimum required score on the standardized entrance exams for MBA courses like CAT, GMAT, or other exams depending on the requirements of the university you have chosen. Thirdly, you should pass the group discussion round and do well in your interview. After completing all three requirements, you might get admission to your dream college.

As an MBA has different specializations, every course has a different syllabus pattern with some similarities. So let us take a look at how the course syllabus is divided between 2 years and what all-important subjects it covers.

First Year syllabus of an MBA course

The first-year MBA syllabus of an MBA course is generally the same for all the students no matter what specialization they have chosen. It is because students need to have the basic knowledge of all the specialisations and build a strong foundation, which will be beneficial for them when they go into the second year of their MBA course and study their chosen specialisations in depth. The first year is divided into two semesters, and each semester covers around eight subjects. Below is a semester wise list of all the essential topics in the first year.

1. Essential Subjects in First Semester

â—Ź Quantitative methods
â—Ź Financial accounting
â—Ź Marketing management
â—Ź Human resources management
â—Ź Information technology management
â—Ź Business communication
â—Ź Organisational behaviour

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2. Essential Subjects in the Second Semester

â—Ź Financial management
â—Ź Production and operations management
â—Ź Marketing research
â—Ź Organisation effectiveness and change
â—Ź Business economics
â—Ź Management accounting
â—Ź Information technology systems management

Second Year Syllabus of an MBA Course

All students who want to go into the second year have to successfully pass at least 12 papers offered in the first year comprising of the first and second semesters attended together. Also, students who have not successfully cleared some papers in the first year will have to give them again while studying for the second year.

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The second-year syllabus of an MBA course is generally more focused on your chosen specialisation. The second-year is also divided into two semesters where students have to study some common MBA subjects like Business ethics, Strategic Analysis, Legal Environment of Business, Strategic Management, and International Business, and also explore their elective courses. The elective courses are decided according to the chosen specialisations and cover essential topics related to it. Below is the list of most popular MBA specialisations and important subjects they include:

1. MBA in Finance

â—Ź Investment management
â—Ź International finance management
â—Ź Corporate taxation
â—Ź Risk management
â—Ź Security analysis
â—Ź Quantitative analysis of Financial Decisions
â—Ź Portfolio management

2. MBA in Marketing

â—Ź Consumer behaviour
â—Ź Service management
â—Ź Brand management
â—Ź Retail management
â—Ź Salesforce management
â—Ź Advanced research techniques in Marketing
â—Ź Internet or digital marketing

3. MBA in Human Resource Management

â—Ź Industrial relations management
â—Ź Human resource planning and development
â—Ź Performance management
â—Ź Cross-culture and global management
â—Ź Training and Development
â—Ź Counselling skills for managers

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4. MBA in Information Technology

â—Ź System analysis and design
â—Ź Database management systems
â—Ź E-business management
â—Ź IT-enabled services management
â—Ź Strategic Management of Information Technology
â—Ź Network operations and security management

5. MBA in Operations and Supply Chain Management

â—Ź Total quality management
â—Ź Supply chain management
â—Ź Quantitative analysis of Risk and Uncertainty
â—Ź Production planning and control
â—Ź Environment and safety management
â—Ź Advanced operations managed

Apart from all of these subjects, there are different case studies, group interactions, internships, and projects during the course that helps the students in gaining self-confidence and understand more about how the real business world works.

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Conclusion

The scope of an MBA is impressive, and if you have done this course, you can work in almost any industry you like such as Entertainment, Media, Communication, Banking, Hospitality, etc., or you can also become a professor or lecturer in prominent universities. But to get an excellent job with a high salary and growth rate can be a difficult task. For that, you need to choose the right college to do your MBA. There are many colleges in India teaching the best MBA syllabus, and BML Munjal University can also be considered as an option.

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One of the best private universities in India for MBA is BML Munjal University in Gurgaon, Haryana. It was founded by the Hero group and has amazing MBA graduates working in some of the best companies in the world. It has an excellent infrastructure and offers the best quality education from highly qualified faculties. Also, it is mentored by Imperial College, London, and has an excellent placement record. So if you are looking to pursue an MBA course, BML Munjal University is an excellent option for you.

BML Munjal University
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