You can try the full form of MBA and gain confidence at least in MBA meaning. Edumantra takes good care of you so buying books for competitive exams is not necessary. Additionally we would like to tell that the full form of MBA is Masters of Business Administration.
What is the Full-Form of MBA?
The (abbreviation) full form of MBA is Master of Business Administration
MBA Full Form, Abbreviation And Meaning
MBA stands for Master of Business Administration. It is a post- graduate degree program that helps students to become expert in business management. It is the most demanding course among the students because of bright career opportunities MBA professionals work with multi-national companies. Different MBA courses are offered some of them are MBA (full time), MBA (part-time), Distance MBA, PGDM etc. MBA full form in Banking, Funny and Others is given below. Eligibility criteria for MBA- The candidate must have at least three years bachelor’s degree with at least 50 percent marks or equivalent from any of the recognized University. Admission procedure- A common Admission Test (CAT) all India level exams is organized every year to take admission in the postgraduate program in management among top management Schools.
MBA, Master of Business Administration is a post-graduate degree in business administration. This is the course that candidates who have completed their graduation would like to take if they want to pursue a career as a manager. Due to globalization, the demand for this course has increased and so are the opportunities.
The course was first started or originated in the US in the late 19th century and the first business school was the TUCK School of Business. It is located at Dartmouth College in the USA. MBA Full-Form refers to the Master of Business Administration. MBA is a management post-graduate degree in India. The MBA degree course is designed for developing skills in business and management. Candidates pursuing this course may need to pay the fee between two to seventeen lakh rupees. The amount of this fee depends on the university or institute from where the candidate is studying this course.
At the entry-level, candidates having an MBA degree have the possibility of earning anywhere between four to fifteen lakh rupees every year. This amount will depend on the expertise of the candidates. Throughout India, the MBA degree courses are offered by over three thousand universities and institutes. The selection of the candidates for this degree is based on numerous management entrance exams that are conducted by various authorities.
Duration of MBA Course
The duration of the MBA degree courses in India is usually around two years. This two-year duration is segmented into four semesters. The executive course or the professional course of the MBA degree is of the one-year duration. The total time duration of the regular MBA course extends to two years. There are two semesters in each year. During the course’s first and second year, students need to finish their internship, which is included in the courses for enhancing the management knowledge among the students. These internships further help them to incorporate the skills of business administration in a quite advanced manner.
The executive MBA is also called the Online MBA. Its other name is E-MBA. This course is generally taken by working professionals. The structure of this course is designed for imparting management education to the working professionals so that they can progress to senior or mid-level management.
The management of institutes and universities in India offer over forty streams of management to the students. Some of them are Finance, BR or human resources, IT or Information Technology, Marketing, and Operations. The oldest form of specialization in MBA in finance. It prepares students in numerous subjects such as capital management, budgeting, costing, global finance, etc. A person is able to specialize in the field of financial management after a thorough study of these subjects. The BR or Human Resources consist of global leadership, labour markets, diversity, emerging economies, and acquisitions. All those who possess confidence, an attractive personality and excellent communication skills may move forward with this course.
The course of the MBA IT is designed for educating and developing managers who possess the capability of effective management of planning, designing, selecting, implementing, using and administrating the converging and emerging the various information technologies. The marketing stream is highly competitive and dynamic. It aids the students in understanding advertising, marketing, the behaviour of consumers, and other essential areas. The MBA operations engage students in the shop floor management or production management. In this stream, students study the methods of maintaining the process flows, relationships between different departments and developing vendors.
Career Prospects for MBA Graduates
The career prospects for the candidates who possess an MBA degree are numerous. An MBA graduate can become a BR or can be ahead in an organization’s various departments like supply chain, marketing, operations, sales, etc. MBA graduates can build their career in over forty different directions. Hence, they possess the opportunities of becoming managers in an organization’s every department, no matter the organization’s type. Many of them may opt for entrepreneurship for exercising their rising potential in the world of business. Investment Banking, Real Estate, Brand and Product Managers, Media and Management Consultancy are some of the common jobs and sectors after the MBA degree.
The responsibilities of a Brand manager consist of overseeing as well as coordinating numerous divisions of an organization for ensuring the efficient flow of products in the market. All those who have an interest in digital marketing can opt for media since they flourish and grow the entire year. Although management consulting is extremely demanding, it is rewarding as well. In this area, people will have to formulate realistic and original ideas and solutions for meeting business needs. Additionally, they must have strong interpersonal and analytical skills. MBA finance graduates can get ample opportunities in the investment banking area. It is highly rewarding, yet contains lower risks.
The various streams of specializations which are available in MBA are:
- Information Technology
- Human Resources
- Supply chain management
- Operations Management
- International business
- Rural management
- Agri-Business Management
- Health Care Management
Different types of MBA courses
There are several universities which offer MBA courses. At the same time, there is a different type of MBA available. They are:
- MBA (Full time)
- MBA (Part-time)
- Accelerated MBA
- PGDM (Post Graduate Diploma in Business Management)
- Modular MBA
- Executive MBA
- Distance MBA
List of some popular MBA specializations are–
- MBA in Marketing
- MBA in Accounting
- MBA in Finance
- MBA in Information Technology
- MBA in Human Resources
- MBA in Rural Management
- MBA in Operation Management
- MBA in Entrepreneurship
- MBA in Consulting
- MBA in International Business
- MBA in Operations Management
- MBA in Hospital Management
- MBA in Marketing and Sales
Top 10 MBA colleges in India –
- Indian Institute of Management, Ahmadabad
- Indian Institute of Management, Bangalore
- Indian Institute of Management, Calcutta
- Indian Institute of Management, Lucknow
- Indian Institute of Management, Indore
- Indian Institute of Management, Kozhikode
- Xavier Labor Relation Institute (XLRI), Jamshedpur
- Indian School of Business (ISB), Hyderabad
- Faculty of Management Studies (FMS), Delhi
- Jamnalal Bajaj Institute of Management Studies, Mumbai
Types of Careers opportunities are-
- Business analyst or Strategist
- Business development analyst or Managers
- Director of a department
- Financial analyst
- Management consultant
- Portfolio Manager
- Operations analyst
MBA full form banking
MBA- Mortgage Bankers Association
MBA– Massive Bank Account
MBA full form funny
MBA– Mediocre But Arrogant
MBA– Married But Available (Chat)
MBA– Moronic But Aggrandizing
MBA– Mop Bucket Attitude
MBA– My Best Asset
MBA– Management by Analysis
MBA– Moral Bankruptcy Assured
MBA– Must Be Asian
MBA–Master Bull Artist
MBA– More Bull Ahead
MBA– Married By Accident
Other full forms of MBA
MBA– Mutually Beneficial Arrangement (Business)
MBA– Master in Business Administration (Business)
MBA– Mississauga Baseball Association (Baseball)
MBA– Milford Basketball Association (Basketball)
MBA– Message Body Authenticator (Telecom)
MBA– Main Battle Area (Military)