Types of MBA courses?
How much does it cost?
An MBA is an internationally accepted post-graduate degree that:
- imparts a strong theoretical foundation in business concepts
- provides practical opportunities like internships, group assignments and individual projects
- builds good skills in the areas of management and leadership
- Improves soft-skills like communication, motivation and negotiation
- opens up opportunities for career growth
- also allows to start an independent business after graduating
Types of MBA courses
MBA courses generally come in a wide variety of formats. The most common types of MBA courses are as follows: Full-time MBA, Executive MBA, Part time MBA, Correspondence Course, Distance MBA Courses & Online MBA courses. Each one has its pros and cons. Though there is no single best format, the full-time MBA format stands unique. The average duration of full-time MBA programs can range between 1 to 2 years. You will find programs like INSEAD that are shorter than 1 year. The duration of part-time programs can extend up to 3 years, since students are working and studying at the same time.
How much does it cost?
An MBA degree is one of the most valued degrees, not only in India but all across the world. When it comes to MBA, the free structure in India is one of the crucial deciding factors for many aspirants. It is the MBA course fee in India that determines which B-school one will be selecting. It is a known fact that top B-schools in the country like IIM demand a much higher course fee as compared to average management institutions. Generally, the MBA course fee in India may range anywhere from Rs. 5 LPA to even Rs. 25 LPA!. Most reputed B-schools charge high fees in India, and on completion of the course, they do promise a job with high ROI .The average salary for freshers hailing from such reputed B-schools ranges between Rs. 20-22 LPA.
