The full-time MBA (Masters of Business Administration) degree is a general management degree that seeks to give students a detailed understanding of how business functions and how business leaders rise to meet an ever-changing set of circumstances and challenges. In a full-time program, the benefit is the face-to-face, campus experience. With university life at your fingertips, you can take classes, join clubs and societies, spend time at social events, and launch or attend events to learn about different careers or industries.
Often, a business school can be a place where people make lifelong friends or even meet future business partners. These schools also organize summer internships that expose students to the professional world and help them explore career options and get real-life experience. It prepares them to excel at a plethora of job profiles in the corporate world.
MBA courses are a 2-year postgraduate degree program that offers vast career opportunities after course completion. MBA courses prepare students for leadership roles in the business world and enable them to find work in varied industries. The below table indicates the MBA course details:
Particulars |
Full-Time MBA Courses Details |
MBA Full Form |
Master of Business Administration |
MBA Courses Level |
Post-Graduation |
MBA Courses Types |
Full-Time MBA, |
MBA Courses Fees |
INR 2 Lakh - INR 27 Lakh and above |
MBA Courses Eligibility Criteria |
Undergraduate Degree Programme |
MBA Courses Duration |
Full-time MBA: 2 years |
MBA Courses Admission Process |
Entrance Exam + Group Discussion + Personal Interview |
MBA Courses Top Entrance Exams |
CAT, CMAT, XAT, MAH MBA CET, etc. |
MBA Courses Top Colleges |
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, etc. |
MBA Courses Top Specializations |
Sales, Marketing, Operations, Finance, Human Resources, Digital Marketing and Business Analytics |
MBA Top Job Profiles |
Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc. |
MBA Average Salary |
INR 5 LPA - INR 25 LPA |
MBA Top Recruiters |
Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc. |
Feature |
Full - Time MBA |
Online MBA |
Distance MBA |
Flexibility of Time |
Since there is a fixed schedule of time every day, you don’t have the flexibility of time to do other work. |
You have the flexibility of time to pursue this course being a working professional but at times you might need to attend the live classes |
You have full flexibility of time to work and pursue this course as classes take place generally during the weekends. |
Attendance |
Required for each class. |
Required for live classes. |
Not required. |
Physical Presence |
Have to be physically present in the classroom throughout the entire period of class. |
Have to be virtually present during live classes. |
Physical presence is required only while giving exams. |
Student-Teacher Relation |
Strong connection and networking as interaction takes place almost every day. |
Teacher-student bonding is not as strong as a Full - Time MBA. The only opportunity to interact are through live classes and doubt-clearing sessions. |
There is very little opportunity for student-teacher bonding. |
Internships |
Generally, provide internship programs |
Generally doesn’t provide an internship program, but if you enroll in PIBM’s Online MBA program, you can get internship opportunities. |
Doesn’t provide an internship |
Placement opportunities |
It provides placement opportunities. |
Online programs generally don’t come with a placement option, but with PIBM’s Online MBA program, you get an LOI at the time of admission and also placement opportunities in top MNCs. |
It doesn’t provide placement opportunities. |
Course Fee |
Generally higher with the average total fee being 10 lac |
Not as costly as a Full-time MBA course, with the average total fee being 2-3 Lac |
The course fee is similar to or lower than an Online MBA course. |
List of Specializations in MBA courses |
|
Finance |
Agriculture & Food Business |
Marketing |
Materials Management |
Human Resources |
Retail |
Sales |
Oil & Gas |
International Business |
NGO Management |
Infrastructure |
Advertising |
Disaster Management |
Pharma |
Operations |
Rural Management |
Energy & Environment |
Project Management |
Product |
Supply Chain |
Import & Export |
Sports Management |
Digital Marketing |
Forestry |
IT & Systems |
Telecom |
Healthcare & Hospital |
Transport & Logistics |
Business Analytics |
Textile Management |
Entrepreneurship |
Hospitality |
Business Economics |
Public Policy |
Ques. Who should consider a full-time MBA program?
Ans. A full-time MBA is ideal for several profiles:
Ques. What are the key benefits of a full-time MBA program?
Ans. The key benefits of a full-time MBA program are:
Ques. Is a full-time MBA right for me?
Ans. Carefully evaluate your career goals, financial situation, and personal preferences. Consider these questions:
Ques. What are some alternatives to a full-time MBA?
Ans. Some alternatives to a full-time MBA are: