Course Information

Best MBA Colleges in Coimbatore – Course Details, Eligibility, Scope & Opportunities

Best MBA Colleges in Coimbatore- Course Details, Eligibility, Scope & Opportunities

MBA Coimbatore

We are all familiar with the value of an MBA degree in the present day and age. Higher studies and MBA are synonymous with each other. Whenever a graduate begins planning on continuing his or her education, doing an MBA always seems like the most rewarding choice. Everyone wants an MBA featured in their resume. It has become a social status symbol that automatically gives the impression of one’s prosperity and well-being.

After all, MBA graduates are said to get a salary hike of almost 64% upon completing the popular post graduation programme. But is it really a smart decision to follow what everyone seems to be doing?

When it comes to MBA, in all honesty, it is one of the best PG courses to pursue despite the tremendous demand for the same. Management colleges and B-Schools are focusing on providing the most comprehensive MBA programmes, thus there is no dearth in options in Coimbatore.

However, before we get to the best colleges, let’s take a descriptive look at the course itself which will give you an idea of what you’re getting into.

What is MBA?

Those who are oblivious with MBA are probably living under a rock. Master in Business Administration (MBA) is a programme that focuses on all the fundamental and advanced principles in business and management.

The corporate sector has expanded immensely and is calling for efficient managers who can ensure smooth operations and quality output in the different departments such as Human Resources, Finance, Operations, Business Development, etc.

Entrepreneurs and businessmen often face challenges while running an organization and fall short of the necessary technical acumen required to tackle the problems. MBA is designed in a way to provide management graduates with modern techniques to deal with administrative issues that can crop up while overseeing a business.

Administrative, managerial and leadership skills form the core of an MBA core while the major emphasis is also reserved for different streams and specializations such as Banking, Finance, Human Resources, Operations Management, etc.

MBA Duration

Master of Business Administration (MBA) is a 2-year post graduate programme that is split into four semesters. Each year contains 2 semesters with each term containing a minimum of 6 or more subjects.

Some colleges also offer executive MBA courses that can be completed in a year. MBA programmes also require the student to complete a mandatory internship period that can last for around 6 months.

There are different types of MBAs which vary based on the preference. Full-Time MBA, Executive MBA, Distance Learning MBA and Online MBA are some of the types that are commonly pursued.

We will be focusing on the full-time campus variation for the purpose of this article.

MBA Eligibility Criteria

The candidate must have a Bachelor’s degree in any stream or branch. Engineering, management, hospitality, etc – all kinds of candidates are welcomed to take up MBA.
Candidate must have scored a minimum aggregate score of at least 50% at the graduation level.
Clearing an entrance exam is mandatory to get admission in any of the top B-schools.
There are many MBA entrance exams to choose from that are conducted at the national as well as university levels.

MBA Admission Procedure

Deciding what kind of an MBA programme suits you should be the first step.
If you have time on your hand and are not working, then doing a full-time MBA is the best option.
If you are a working professional, then doing an executive, part-time or distance education MBA are potential alternatives.
Once you’ve decided the mode of education, the next step would be to apply for a relevant MBA entrance exam. The forms can be collected on the website of the statutory bodies conducting the exam. The locations to collect the forms physically are also provided on the website.
Colleges put out a cut-off list based on the MBA entrance exam rank list that is released.
Shortlisted candidates then advance to group discussion and personal interview rounds before being granted a seat.

MBA Entrance Exams

CMAT
MAT
CAT
GMAT
TANCET
CUCET

CAT is the most popular entrance aptitude test that is accepted by all top management colleges across the country. The test contains questions that test a candidate’s reasoning, quantitative and verbal reading and most importantly, one’s interpretation of data. The test is made up of MCQ and non-MCQ questions and is considered to be one of the toughest entrance exams out there.

MBA Course Syllabus

The course syllabus and structure varies depending on the specialization, however, the basic MBA course follows the following semester-wise distribution of subjects:

Semester I

Management Concepts and Skill Development

Statistics for Business Decisions

Managerial Economics

Human Resource Management

Marketing Management

Business Ethics

Financial Accounting and Reporting

Computer Applications in Management

Semester II

Organizational Behavior

International Business

Quantitative Techniques

Accounting for Decisions Making

Financial Management

Business Environment

Research Methodology

Production & Operation Management

Semester III

Business Policy & Strategic Analysis

Project Management

Marketing Research

Sales And Distribution Management

Service Marketing

Security Analysis and Portfolio Management

Management of Financial Services

International Financial Management

Management of Industrial Relations

Labor Welfare and Social Security

Compensation Management

Semester IV

Strategic Management

Management Information System

Total Quality Management

Industrial Marketing

International Marketing Management

Consumer Behavior

Financial Derivatives

Corporate Restructuring

Strategic Financial Management

Legal Framework Governing Human Relations

Organizational Change and Intervention Strategies

Managing Interpersonal and Group Processes

Given below are some of the specializations to choose from:

Marketing
Banking and Finance
Operations Management
Agri-Business
Finance
Hospital Management
Human Resource Management
Information Technology
Hotel Management
Hospitality
International Business
Logistics and Supply Chain Management
Production Management
Pharmaceutical Management
Retail Management
Supply chain Management
Tourism and Hotel Management

The course generally consists of theory lectures, seminars and practicals. Assessment is done via semester-end written examinations, projects and internships.

MBA Coimbatore Average Fees

On an average, mid-level colleges in Coimbatore offering MBA charge around Rs. 30,000 – 80,000 a year.

However, the most reputed business schools have MBA courses between ranging between Rs. 2 – 5 lakhs per year. Yes, MBA is an expensive programme that should be viewed as more of an investment than a liability. The mouth-watering projected returns one can enjoy upon completing the course more than makes up for the steep course fee.

MBA Scope and Job Opportunities

Top business houses, multi-national companies and firms are always open to employing MBA graduates. Almost 47% of the MBA students get placed from the college itself with attractive packages. However, the MBA spectrum has also been accused of producing candidates who are not employable due to a lack of knowledge and application.

Nonetheless, jobs are readily available not just in India but also abroad in foreign countries. Check out the different job roles:

Marketing

Brand manager

Marketing manager

Sales manager

Product manager

Market research analyst

Internet marketing manager

Finance

Financial manager/analyst

Credit analyst

Risk and insurance manager

Treasurer

Accounting Manager

Finance manager

Chief financial officer, cash manager

VP (finance)

Finance director.

Operations

Supply chain manager

Operations manager

Inventory control manager

Logistics manager project managers

IT/Technology

IT manager/consultant

Project manager

Business development executive/manager

Marketing manager

System manager

Data processing manager

Analytics manager

Business analyst

MBA Salary and Payscale

MBA is the tunnel that leads to a goldmine. Freshers who complete an MBA witness a rise of 50-64% from their previous salaries, especially if done from a reputed B-School. Corporate biggies love MBA professionals and are actively looking out for motivated MBA graduates. Freshers with no prior experience but who have an MBA can get around 4 lakhs per annum while mid-level MBA graduates will easily take home a package of over 7 lakhs. The figure fluctuates depending on the candidate’s academic performance and the institution.

As mentioned earlier, MBA is incredibly lucrative and the approximated salaries of some of the most popular job profiles will give you a clear picture regarding the same:

Business Development Manager – (Minimum) 6.4 lakhs per annum, (Maximum) – 15 lakhs per annum)
Senior Business Analyst – (Minimum) 9.5 lakhs per annum, (Maximum) 18 lakhs per annum
Operations Manager – (Minimum) 7.5 lakhs per annum, Maximum (17 lakhs per annum)
Marketing Manager – (Minimum) 8.4 lakhs per annum, Maximum (20 lakhs per annum)
Regional Sales Manager – (Minimum) 13 lakhs per annum, Maximum (26 lakhs per annum)
Project Manager – (Minimum) 13 lakhs, (Maximum) 22 lakhs per annum
Senior Human Resources Manager – (Minimum) 11 lakhs, (Maximum) 23 lakhs
Finance Manager – (Minimum) 9 lakhs, (Maximum) 20 lakhs
Brand Manager – Minimum (9 lakhs), (Maximum) 20 lakhs