MBS (Master in Business Studies) – Full form, Eligibility Criteria, Entrance Examination, Admission 2024, Fee Structure, and Top Colleges

The MBS is a full-time postgraduate degree course. The duration of the MBS course is two years, which is divided into four semesters. The course is designed to teach students business studies. 

MBS full form is the Master in Business Studies. This course can be pursued after completing the Bachelor’s degree. The MBS course includes topics like finance & accounting, economics, business law, business ethics, export marketing, human resource management, etc.

Admission to MBS is granted on entrance exam score and merit of 12th exams. CAT, MAH CET, GMAT, CMAT, and MAT are the popular entrance examinations preferred for MBS admission.

College of Business Management, Banglore University, Savitribai Phule Pune University, and Bharati Vidyapith Deemed University are the few institutions known for their MBS program.

Top recruiters of MBS graduates include big names like ICICI Bank, HDFC Bank, Infosys, Cognizant, Wipro, Accenture, KPMG, TCS, IBM, Accenture, Microsoft, BCG, Citibank, Nestle, Flipkart, and Amazon.

There are various advantages to pursuing a postgraduate degree in the Master in Business Studies. Among those, a few are mentioned below –

• Provides students with a set of skills required in administrative jobs in the corporate world.

• Introduces students to fundamentals of business and its working.

• Teaches students the way of efficiently working with the best results.

• Helps students acquire practical knowledge of business management.

• The curriculum of the course is designed to teach the marketing, planning, and management concepts to the students.

• Generates the spirit of teamwork and organizing in the students.

• Provides the students with a competitive edge. 

• The course helps students in securing promising jobs with attractive salary packages.

Table of Contents

MBS Highlights

Eligibility Criteria for MBS

The qualification requirements for the MBS degree vary from one college to another. The following are some general qualification requirements to get admission to the Master in Business Studies –

• The candidate must have completed a Bachelor’s degree from any recognized university, preferably a Bachelor of Commerce (B.Com) or Bachelor of Business Administration (BBA).

• The candidate must have scored a minimum of 55% (this can vary for every college) marks.

• The candidate needs to appear for the national/state-level entrance tests like CAT, GMAT, CMAT, MAH CET, or the test conducted by the college.

Entrance Examination for MBS

There are many entrance exams conducted by national and state agencies for admission to the Master in Business Studies. The following are some popular entrance examinations for admission to the MBS course – 

• CAT – The full form of CAT is the Common Admission Test. The Indian Institutes of Management conduct the exam. This exam is for admission to postgraduate business studies and management courses.

• MAT – The full form of MAT is the Management Aptitude Test. This test is conducted to allot seats in business schools.

• MAH CET – The full form of MAH CET is the Maharashtra Common Entrance Test. This is a state-level entrance test for business and management courses conducted by the Maharashtra Government.

• GMAT – The full form of GMAT is the Graduate Management Admission Test. It is an internationally recognized exam. Scoring well in the GMAT exam helps you to get admission to an international business school.

• CMAT – The full form of CMAT is the Common Management Admission Test. It is a national-level entrance exam for admission to business and management colleges. The National Testing Agency conducts the CMAT exam every year.

Admission Procedure of MBS

Merit-based Admission –

• Visit the admission portal of the preferred college from where you want to pursue a Master in Business Studies.

• Fill out the application form with the correct details and attach all the asked documents in the application form.

• Pay the application fees of the college.

• The college’s admission counselling team will reach out to you and may conduct an interview round.

• You will be granted Admission to the Master in Business Studies program per your merit in the 12th board examination. 

• Secure your Admission by submitting the admission fee to the college.

Entrance Test-based Admission –

• Fill out the application form for any entrance examination conducted for Admission to MBS course like CAT, MAH CET, GMAT, CMAT, or MAT.

• Score the necessary cut-off required for Admission to MBS.

• Sit for counselling done by various Universities.

• You will be granted Admission based on your performance in the entrance test. 

• Visit the college campus for document verification and secure your Admission to the MBS program by submitting admission fees.

Top Colleges/ Universities offering MBS program

Following are the top colleges offering the MBS Degree course –

MBS program Fee Structure

The fee structure for the Master in Business Studies course varies from college to college. The government colleges charge the students less fees. The fees in private colleges are comparatively higher.

Colleges also offer fee concessions for underprivileged students, students from economically backward sections, scheduled tribes, and scheduled castes. The average fee for the Master in Business Studies degree course is between INR 50,000 and 5 LPA.

MBS Syllabus

Subjects taught in the MBS course are shown in table below –

First Semester

Second Semester

Third Semester

 Fourth Semester

MBS Career Prospects

There are many career profiles that can be pursued after completing the Master in Business Studies. The following career prospects after completing the Master in Business Studies –

• Manager

• Financial Manager

• Marketing Manager

• Business Analyst

• Financial Advisor

• HR Manager

• Management Analyst

• Sales Manager

Average Salary of MBS Graduates

The salary range after completing the Master in Business Studies is mentioned in the table below:

Top Recruiters of MBS Graduates

Top recruiters of Master in Business Studies are mentioned below –

• ICICI Bank

• HDFC Bank

• Infosys

• Cognizant

• Wipro

• Accenture

• KPMG 

• TCS

• IBM

• Accenture

• Microsoft

• BCG

• Citibank

• Nestle 

• Flipkart

• Amazon 

Conclusion

The Master in Business Studies course is the best postgraduate degree course to pursue if you want to learn the workings of the business. The course helps you to grab a good opportunity in your career. This course is extra beneficial for those who have completed a Bachelor’s degree in business administration or a related field. 

FAQs about MBS

1. What is MBS Full Form?

Answer: The MBS full form is the Master in Business Studies.

2. What is the duration of the MBS course?

Answer: The duration for the MBS course is 2 years/4 semesters.

3. What are the qualification requirements for admission to the MBS course?

Answer: The qualification requirements for admission in the MBS course are –

The candidate must have completed a Bachelor’s degree from any recognized university, preferably a Bachelor of Commerce (B.Com) or Bachelor of Business Administration (BBA).

The candidate must have scored a minimum of 55% (this can vary for every college) marks.

4. What entrance examinations are there for admission to the MBS course?

Answer: The major entrance examinations for admission in the MBS course are CAT, MAH CET, GMAT, and CMAT

5. Is the MBS course a degree course?

Answer: Yes, the Master in Business Studies is a postgraduate degree course.

6. What is the average salary after completing the Master in Business Studies?

Answer: The average salary after completing the Master in Business Studies is INR 5 – 6 LPA.