An MBA or Master’s In Business Administration is an advanced degree designed to give business professionals the credentials they need to lead organizations in both the public and private sectors. The degree is meant to sharpen student’s conceptual skills in critical thinking, leadership, communication, and problem-solving, while also allowing them to pursue a particular concentration or even pursue their path as an entrepreneur.
Businesses of all types are in requirement of good leaders, and therefore, many schools offer concentrations in popular areas of business administration to help students strengthen specialized career skills. Traditional MBA specializations include finance, marketing, accounting, and international business, with additional options such as technology management, healthcare leadership, and aerospace management being available these days.
Admission Process for India
MBA admission process in top MBA colleges opens every year in July/August and closes after 2-3 months from the opening date. Although the MBA admission process in India for all the top MBA colleges is almost similar, the difference is their acceptability of the MBA entrance exam score. While most colleges determine a candidate’s eligibility based on the Common Admissions Test (CAT), others have set out their entrance exam.
Irrespective of the entrance exam and other factors, the standard eligibility criteria for all universities are as follows:
- Complete graduation in any stream, from a recognized university
- A minimum aggregate score of 50%
Students who do not meet the above criteria are not eligible for admission to any MBA program in the country. Candidates appearing for the final year of bachelor’s degree/equivalent qualification examination and the individuals who have finished degree prerequisites and are anticipating results can apply for the CAT exam. If selected, such applicants will be permitted to join the program temporarily, only if they present a certificate.
Common Admissions Test (CAT)
The Common Admission Test (CAT) is a computer-based test for admission in a graduate management program. The test scores a candidate on the bases of Quantitative Ability, Verbal Ability and Reading Comprehension, Data Interpretation, and Logical Reasoning. The exam is conducted once a year and lasts 180 minutes. The language of the examination is English. The pattern consists of 100 questions in MCQ as well as non-MCQ format. General category candidates wishing to register for the exam need to pay Rs. 1900. On average, 2 lakh students appear for the exam each year.
The CAT exam, like all-important exams, utilizes multiple forms, or versions, of the test. Hence, there are two types of scores involved: a raw score and a scaled score. Candidates are given +3 points for each correct answer and -1 point for each incorrect answer. No points are given for unanswered questions. The raw scores are then adjusted through a process called equating. Equated raw scores are then placed on a standard scale or metric to ensure appropriate interpretation of the scores.
The Common Admissions Test (CAT) is just one part of what is usually a multiple-step process for admission into the University for the Pursuit of an MBA program. Due to the vast number of students applying to management courses, the selection process filters out candidates based on a variety of factors. The process is explained in further detail below:
Registration for MBA Entrance Exam
The admission process in most MBA college’s opens somewhere around the first week of August or September and closes in the last week of November. Candidates desirous of seeking admission in top MBA colleges should register and apply for the relevant MBA entrance exam within the specified registration window.
After the declaration of MBA results in January, most of the business schools shortlist suitable candidates for the final admission round based on exam scores, academics, diversity, and work experience, among other parameters as per the respective B-school admission policy. The process is completed by each institute individually.
All the shortlisted candidates are required to appear in the Group Discussion (GD), Written Ability Test (WAT), followed by the Personal Interview (PI). Some schools might conduct group discussions or extempore before the personal interview round. Based on the candidates’ performance in final selection round and marks awarded in the entrance exams, academic profile & diversity, work experience, and gender diversity, the final merit list will is generated, and admission offers are made.
Pursuing an MBA at BML Munjal University
The MBA program offered by BML Munjal University takes a holistic view of business education and prepares students for excellent careers in management and business. The extensive curriculum and practical training help MBA graduates to develop communication and problem-solving skills. The curriculum is mentored by Imperial College London. It has been tailored to provide life skills and practical knowledge that will shape innovators, thought-leaders, and entrepreneurs who can reinvent the future of business in new ways.
Besides offering MBA specializations in fields such as Finance and Accounting, Marketing, HR and Operations, and System Management and Business Analytics, the course is further enhanced through collaborations with renowned universities and corporates such as Singapore Management University, University of California, Berkeley, Shell, Intel, and IBM.
The program places a strong emphasis on not only imparting technical business skills to the student but also developing a curriculum that has a strong focus on hands-on learning experiences and teaches a raft of values, job, and life skills. From alumni events and internship opportunities to overseas exchanges and study trips, students will get to work under leaders of the industry.
Admission Criteria to BML Munjal University
- First and foremost, all applicants must submit the completed application form along with relevant enclosures, including copies of certificates and the application fee.
- Students must ideally have appeared any standardized tests such as CAT, GMAT, XAT, MAT, or NMAT score before submitting their application.
- Those who haven’t appeared in any of these tests will have to sit for the BMU-MAT (BMU’s Management Aptitude Test).
- All shortlisted candidates will have to appear for a Case Discussion (CD)/Personal Interview (PI)
- BMU will give provisional offers to all selected candidates who are in their final year of graduation. The final selection result can be declared for students only after he/she has submitted his/her final graduation results, class XII results, and standardized test scores, and the interview process is complete.
- Selected students will receive further communications from the admission team to complete the admission process.