The Master of Business Administration (MBA) is a professional master’s degree program that combines corporate management and administration, enabling aspirants to obtain a holistic view of the dynamic business world. Business knowledge and leadership abilities are developed during MBA programs. Together with IIMs, numerous top management institutions, including Golden Gate University, provide the MBA, one of the most popular degrees in the world.
According to a report, there was an 80% surge in MBA program applicants, exhibiting its ever-growing prominence among learners aiming to become a part of the business domain. In an effort to reap the best out of their enrollment, students have started focusing on how to elevate their careers and use their potential more effectively by applying for the right course.
Every student pursuing MBA must have the following knowledge to make the right selection in terms of program and specialization-
- What is MBA?
- How long does it take to complete the degree?
- Subjects offered in the course curriculum
- What is the use of the degree for their future?
Let’s discuss the course, its minimum criteria, admission requirements, and more at a deeper level.
MBA – All You Need to Know
What is an MBA?
MBA is an academic curriculum focused on management and marketing. It covers topics including marketing, management principles, operations management, supply chain management, and organizational behavior. As a result, candidates can apply for positions in top management roles, such as financial manager, product manager, strategy manager, human resource manager, etc., often available for MBA graduates.
Why MBA?
Pursuing an MBA can offer many benefits, including:
- Career Advancement: An MBA can open doors to higher-paying positions and better career opportunities in various industries.
- Skills Development: MBA programs offer a broad range of business skills that can help you become a better manager, leader, and problem solver.
- Networking Opportunities: MBA programs provide ample opportunities to connect with other professionals and build relationships that can help advance your career.
- Entrepreneurship: MBA programs often provide courses in entrepreneurship and innovation, which can help you launch your own business or join a startup.
- Global Perspective: MBA programs often have a diverse student body and offer opportunities to study abroad, which can give you a broader perspective on business and culture.
- Lucrative Opportunities: MBA is prominently known for being a ‘high-return’ program, rewarding learners with well-paying leadership roles under globally reputed brands. Here’s what salaries post-MBA completion look like-
| Leading MBA Employers | Average MBA Graduate Salary pa |
| Citigroup | $212,792 |
| Bain & Company | $192,000 |
| Deloitte | $175,000 |
| Accenture | $166,720 |
| $106,441 | |
| Amazon | $97,555 |
| Apple | $92,379 |
Ultimately, the decision to pursue an MBA depends on individual goals and circumstances. However, an MBA can be a valuable investment for the future and can provide a strong foundation for a successful career in business.
MBA Eligibility Criteria
The MBA eligibility criteria can vary depending on the institution, but there are some common minimum admission criteria that most institutions follow. Here are some of these general eligibility criteria for MBA courses:
Minimum Criteria
MBA qualification and minimum percentage required are as follows –
- The candidate should have a bachelor’s degree in any discipline from a recognized university.
- The minimum MBA percentage required for the bachelor’s degree can vary from institution to institution, but it is usually around 50% – 60%.
- Some institutions may require candidates to have work experience for a certain number of years in a relevant field.
Admission Criteria:
The following are the minimum students’ eligibility criteria for admission to an MBA program –
Entrance Exam
Most institutions require candidates to take an entrance exam, such as CAT, MAT, XAT, GMAT, or GRE. The scores of these exams are considered for admission.
Group Discussion and Personal Interview
After clearing the entrance exam, candidates may be called for a group discussion and personal interview, where their communication skills, personality traits, and subject knowledge are assessed.
Academic Record
The candidate’s academic record, including their bachelor’s degree percentage, can also be considered for admission.
It is important to note that the eligibility and admission criteria can vary from institution to institution, so candidates should check the specific requirements of the institution they are interested in before applying.
Eligibility criteria for various colleges can get very demanding. Fortunately, leading institutes like Golden Gate University offer MBA programs with specializations that have an easy-to-follow catalog of eligibility criteria to simplify the enrollment process.
Let’s take a look!
MBA Eligibility Criteria for GGU
GGU requires potential MBA candidates to hold a bachelor’s degree and specialization in order to qualify for admission. The admission committee of GGU will also review the following –
- Academic and professional profile
- Professional experience and work achievements
- Overall performance and skills
To give students a better understanding, here is a list of different types of MBA and their eligibility criteria –
| MBA Type | Eligibility for MBA |
| Regular MBA | A valid admission exam result and a bachelor’s degree (10+2+3/4) from an accredited university with a minimum cumulative GPA of 50% (45% for SC/ST/PwD). |
| Distance MBA | 50% on the final exam to graduate from an accredited university.A minimal passing mark for MBA admission examinations taken online. |
| Online MBA | A bachelor’s degree (in engineering, science, business, or another field) with a minimum cumulative grade point average of 50% from an accredited institution.The applicants must have passed a bachelor’s degree from an accredited institution. |
| Executive MBA | A bachelor’s degree in any field from a reputable university with a minimum cumulative grade point average of 50% (45% for SC/ST/PwD).The applicants must have passed MBA admission tests like the CAT, XAT, and MAT, among others. The preference is for those with job experience. |
| Abroad MBA course | A bachelor’s degree from a reputable university in any field.3 to 5 years’ worth of work experience is required. Valid GMAT score.A minimal score is needed to pass language competence exams like the TOEFL or IELTS. |
Key Takeaway
MBA programs have become increasingly popular in recent years and are a valuable asset for individuals seeking to advance their careers in business. However, eligibility criteria vary depending on the institution offering the program. It is important to thoroughly research and understand the specific eligibility requirements for each program to ensure that students meet the qualifications before applying.
If you’re aiming to apply to a leading MBA institute, Golden Gate University’s MBA program can be a good fit for your candidature!
The GGU MBA program is ranked number 1 for working professionals by Washington Monthly. It is also accredited by the WASC/WES, enhancing its reputation as one of the best in class. This comprehensive program has diverse fields for learners to choose their specialization, including Finance, Adaptive Leadership, Marketing, and Business Analytics. With the help of global case studies and integrated Harvard Business School simulation programs, aspirants can upskill themselves and obtain exciting opportunities in higher-management roles.
So, what are you waiting for? Enroll now!
FAQs
- Is it possible to get admission to an MBA program with a CGPA of 40% in the bachelor’s degree?
No, the minimum percentage required for MBA is a 50% CGPA. Thus, getting into a top college with a 40% CGPA is not possible.
- What are the eligibility criteria for IIM’s MBA programs?
MBA at IIM requires a least 3-year bachelor’s degree following the 10+2 exam from a recognized board with a minimum percentage of 50% (45% for SC/ST/PwD). Candidates who are in their last year of graduating may also apply if they obtain a certificate from the college’s head. A valid CAT/GMAT cutoff score is also required.
- What are the eligibility criteria for IIT’s MBA program?
The eligibility requirements for MBA at IIT include a bachelor’s degree of at least four years in engineering, technology, or a related field or a master’s degree in science, business, or economics with math at the bachelor’s level, as well as a graduation score of 60% (general/OBC) or 55% (SC/ST/PwD).
- Is graduation necessary for MBA?
Yes, it is very important for candidates to complete their graduation before applying for an MBA program. An undergraduate degree works as a foundation for postgraduate degrees, which strengthens skills and experiences among candidates pursuing the course.
Source: https://fortune.com/education/articles/what-the-surge-in-online-mba-programs-means-for-business-schools/https://www.businessbecause.com/news/mba-jobs/7446/consulting-salaries#:~:text=Deloitte,-MBA%20salaries%20for&text=Deloitte%20Strategy%20%26%20Analytics%20(S%26A),and%20Deloitte%20Tech%20earn%20%24160%2C000.
