
MBA – Full form, MBA 1st year subjects, MBA Entrance Exam, MBA Fees, and MBA Salary

UniversityChalo Team
Akansha Negi Content CuratorMBA is a postgraduate degree course in business management studies. MBA courses can be pursued after completing the bachelor's degree in the desired specification. The MBA course duration is two years and is divided into four semesters.
The MBA full form is Master of Business Administration. The MBA syllabus is optimized to meet all the needs of the respective firm, as per the requirements of the business industry. The MBA subjects include accounting, economics for management, organizational behavior, quantitative analysis, financial management, human resource management, marketing management, operations management, etc.
There are multiple specializations offered in Master of Business Administration. Some of these are –
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Accounting
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Entrepreneurship
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Finance (including corporate finance and investment management)
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International Business
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Healthcare Administration
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Human Resources
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Management Information Systems
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Management Science
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Marketing
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Operations Management
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Organizational Design
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Project Management
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Real Estate
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Risk Management & Strategy
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Aviation
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Supply Chain Management
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Event Management
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Tourism
There are various national, state, and university-level entrance examinations conducted for admission to an MBA degree. The popular MBA entrance examinations are CAT, CMAT, IBSAT, XAT, SNAP, MAH MBA CET, NMAT, MAT, TS ICET, AP ICET, TISSNET, MICAT, IIFT, Karnataka PGCET, KIITEE MBA, KMAT, KMAT Kerala, ATMA, OJEE, TANCET, and CUET PG MBA.
The top MBA government colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, Department of Management Studies - IIT Delhi, IIM Lucknow, IIM Mumbai, IIM Indore, IIT Roorkee, and IIM Raipur. The top private MBA colleges in India include ISB Hyderabad, XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, and NMIMS University Mumbai.
MBA admission in top MBA colleges in India is offered based on entrance exam scores as well as graduation merit. The MBA fees in top MBA colleges in India, such as IIMs, are as high as INR 16 to INR 25 Lakhs. The average MBA salary in India for freshers ranges from INR 4.5 to INR 5 LPA.
The top recruiters of MBA graduates in India are Amazon, JPMorgan Chase, ICICI Bank, BCG, Google, Microsoft, Morgan Stanley, Accenture, Reliance Industries Limited, TCS, Wipro, Barclays, Cognizant, HDFC Bank, KPMG, McKinsey, Goldman Sachs, Pepsico, State Bank of India, Deloitte, Apple, and Infosys.
Table of Content
MBA Course Highlights |
MBA Eligibility Criteria |
MBA Entrance Examinations |
MBA Admission Procedure |
Top Colleges/ Universities offering MBA Course |
MBA Syllabus/ MBA Subjects |
MBA Fees |
MBA Career Prospects |
MBA Salary |
MBA Top Recruiters |
FAQs about MBA Course |
MBA Course Highlights
Specialisations |
Details |
Course Name |
MBA |
MBA Full Form |
MBA full form is Master of Business Administration. |
Level of Course |
Postgraduate |
Type of Course |
Degree course |
MBA Course Duration |
MBA course duration is two years. |
MBA Eligibility Requirements |
Bachelor’s degree in relevant stream. |
MBA Admission Basis |
Entrance examination/ Merit |
MBA Entrance Examinations |
CAT, CMAT, IBSAT, XAT, SNAP, MAH MBA CET, NMAT, MAT, TS ICET, AP ICET, TISSNET, MICAT, IIFT, Karnataka PGCET, KIITEE MBA, KMAT, KMAT Kerala, ATMA, OJEE, TANCET, CUET PG MBA |
MBA Specialisations |
Accounting, Entrepreneurship, Finance, International Business, Healthcare Administration, Human Resources, Management Information Systems, Management Science, Marketing, Operations Management, Organizational Design, Project Management, Real Estate, Risk Management & Strategy, Aviation, Supply Chain Management, Event Management, Tourism |
MBA Subjects |
Accounting, economics for management, organizational behavior, quantitative analysis, financial management, human resource management, marketing management, operations management, etc. |
Top Government MBA Colleges in India |
IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, Department of Management Studies - IIT Delhi , IIM Lucknow, IIM Mumbai , IIM Indore, IIT Roorkee, and IIM Raipur |
Top Private MBA Colleges in India |
India include ISB Hyderabad, XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, and NMIMS University Mumbai |
MBA Fees |
INR 16 – INR 25 Lakhs |
MBA Salary (Freshers) |
INR 4.5 to INR 5 LPA |
MBA Career Prospects |
|
MBA Top Recruiters |
Wipro, TCS, Infosys, ICICI Bank, Everest Enterprises, Meghana Apparel Industry, Ushta Te HR Consultancy, HDFC Bank, Hugel Trading Solution |
MBA Eligibility Criteria
MBA eligibility criteria differ from college to college as IIMs grant MBA admission based on CAT score, whereas many private colleges offer MBA admission based on the merit of the graduation degree of the candidate.
The general eligibility criteria for MBA courses in India are mentioned below –
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Candidate must have completed a bachelor’s degree from any desired stream.
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The aggregate marks scored by the candidate with a bachelor’s degree must be 50% - 55%.
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The candidate must have a valid score on any MBA entrance exam.
MBA Entrance Examinations
There are plenty of entrance examinations conducted for MBA admission. Some of those MBA entrance examinations are –
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CAT (Common Admission Test)
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CMAT (Common Management Admission Test)
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IBSAT (ICFAI Business School Aptitude Test)
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XAT (Xavier Aptitude Test)
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SNAP (Symbiosis National Aptitude Test)
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MAH MBA CET (Maharashtra MBA Common Entrance Test)
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NMAT (Narsee Monjee Aptitude Test)
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MAT (Management Aptitude Test)
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TS ICET (Telangana Integrated Common Entrance Test)
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AP ICET (Andhra Pradesh Integrated Common Entrance Test)
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MICAT (MICA Admission Test)
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Karnataka PGCET (Karnataka Post Graduate Common Entrance Test)
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KIITEE MBA (Kalinga Institute of Industrial Technology Entrance Examination for MBA)
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KMAT (Karnataka Management Aptitude Test)
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KMAT Kerala (Kerala Management Admission Test)
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ATMA (AIMS Test for Management Admissions)
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OJEE (Odisha Joint Entrance Examination)
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TANCET (Tamil Nadu Common Entrance Test)
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CUET PG (Common University Entrance Test PG)
MBA Admission Procedure
The MBA admission procedure can be completed in two ways –
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MBA admission through merit
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MBA admission through the entrance exam
Both methods are mentioned in the table below:
MBA Admission Merit-based |
MBA Admission Entrance-based |
|
|
Top Colleges/ Universities offering MBA Course
The top MBA colleges in India are as follows –
S. No. |
Top MBA Colleges in India |
Admission Criteria |
|
IIM Ahmedabad |
CAT |
|
IIM Bangalore |
CAT |
|
IIM Kozhikode |
CAT |
|
IIM Calcutta |
CAT |
|
IIM Lucknow |
CAT |
|
IIM Mumbai |
CAT |
|
IIM Indore |
CAT |
|
XLRI Xavier School of Management |
XAT |
|
IIM Raipur |
CAT |
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IIM Rohtak |
CAT |
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IIM Udaipur |
CAT |
|
IIM Kashipur |
CAT |
|
IIM Tiruchirappalli |
CAT |
|
IIM Shillong |
CAT |
|
IIM Ranchi |
CAT |
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IIM Visakhapatnam |
CAT |
|
IIT Madras |
CAT |
|
IIT Roorkee |
CAT |
|
IIT Kanpur |
CAT |
|
Symbiosis Institute of Business Management (SIBM) |
SNAP |
|
SVKM`s Narsee Monjee Institute of Management Studies |
NMAT |
|
Amrita Vishwa Vidyapeetham |
AMET, CAT, XAT, CMAT, MAT |
|
Amity University |
CAT |
|
S.P. Jain Institute of Management & Research |
CAT |
|
Jamia Millia Islamia, New Delhi |
University Entrance Test |
|
Indian Institute of Foreign Trade |
IIFT entrance Test |
|
Great Lakes Institute of Management |
CAT, XAT, CMAT, GMAT |
|
IIM Nagpur |
CAT |
|
University of Petroleum and Energy Studies (UPES) |
MAT/ XAT |
|
K. J. Somaiya Institute of Management Studies and Research, Mumbai |
CAT/ XAT |
|
ICFAI Business School, Hyderabad |
CAT/ XAT |
|
Symbiosis International University |
SNAP |
|
Indian Institute of Management, Sambalpur |
CAT |
|
Welingkar Institute of Management Mumbai |
CAT/ XAT |
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Institute of Management Technology, Ghaziabad (IMT) |
CAT/ XAT/ CMAT |
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BIMTECH Greater Noida |
CAT/ XAT/ GMAT |
|
Indian Institute of Management, Sirmaur |
CAT |
|
Indian Institute of Forest Management (IIFM), Bhopal |
CAT |
|
Chandigarh University |
MAT |
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XIM University Bhubaneswar |
XAT |
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Pai Management Institute Manipal |
CAT/ XAT/ GMAT |
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Goa Institute of Management |
CAT/ XAT/ CMAT |
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Kalinga Institute of Industrial Technology Bhubaneswar |
MAT |
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Koneru Lakshmaiah Education Foundation University |
CAT/ CMAT |
|
Birla Institute of Management Technology |
CAT |
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Thapar Institute of Engineering and Technology |
CAT |
|
BML Munjal University |
CAT/ MAT |
|
Lovely Professional University
|
MAT |
MBA Syllabus/ MBA Subjects
The MBA syllabus is distributed in all four semesters of the course. The following are the semester-wise MBA subjects –
First Semester MBA Subjects |
Corporate Social Responsibility |
Principles of Marketing Management |
Principles of Accounting |
Tools and Framework of Decision-making |
Quantitative Methods and Statistics |
Business Communication and Soft Skills |
Organizational Behaviour 1 |
Second Semester MBA Subjects |
Microeconomics |
Organizational Behavior 2 |
Marketing Management |
Project Management |
Corporate Finance |
Optimization and Project Research |
Operations Management |
Business Law |
Third Semester MBA Subjects |
Supply Chain Management |
Financial Modeling |
Strategic Management |
Business Intelligence |
Marketing Research |
Managerial Economics |
Corporate Governance and Business Ethics |
Corporate Finance 2 |
Fourth Semester MBA Subjects |
Internship Projects |
MBA subjects in different MBA Specialisations
Accounting |
Financial management |
Information technology |
|
Legal aspects of business |
|
Cost management |
|
Bank reconciliation statements |
|
Human Resource Management |
Managerial economics |
Business environment |
|
Human resource management |
|
Research methodology |
|
Corporate social responsibility |
|
Business ethics |
|
Marketing management |
|
Economics of human resource |
|
Marketing Management |
Business environment |
Managerial economics |
|
Financial management |
|
Statistical analysis |
|
Marketing decision models |
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Marketing for non-profit organisations |
|
Logistics Management |
International business management |
Fundamental of logistics |
|
Introduction to shipping |
|
Customs procedure |
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Warehousing and inventory management |
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Liner trade |
|
Healthcare Management |
Hospital environment and healthcare |
Medical terminology |
|
Human physiology |
|
Economics of healthcare |
|
Hospital planning and engineering |
|
Entrepreneurship and consultancy in health care |
|
Finance Management |
International financial management |
Managerial economics |
|
International financial management |
|
Commercial banking |
|
Corporate taxation |
|
Indian accounting standards |
MBA Fees
On average, the MBA fees in India range from INR 10 to 15 Lakhs. Few top MBA colleges in India may have MBA fees as much as INR 25 – 30 Lakhs. The list below mentions the MBA fees in top MBA colleges in India –
S. No. |
Top MBA Colleges in India |
MBA Fees |
|
IIM Ahmedabad |
INR 25 Lakh |
|
IIM Bangalore |
INR 24.5 Lakh |
|
IIM Kozhikode |
INR 20.5 Lakh |
|
IIM Calcutta |
INR 27 Lakh |
|
IIM Lucknow |
INR 22 Lakh |
|
IIM Mumbai |
INR 21 Lakh |
|
IIM Indore |
INR 21.17 Lakh |
|
XLRI Xavier School of Management |
INR 14.3 Lakh |
|
IIM Raipur |
INR16.2 Lakh |
|
IIM Rohtak |
INR 17.9 Lakh |
|
Department of Management Studies, IIT Delhi |
INR 11.2 Lakh |
|
Indian School of Business (ISB), Hyderabad |
INR 36,29,620 |
|
XLRI - Xavier School of Management, Jamshedpur |
INR 14,30,000 |
|
SP Jain Institute of Management and Research (SPJIMR), Mumbai |
INR 24,00,000 |
|
Management Development Institute (MDI), Gurgaon |
INR 12,70,600 |
|
NMIMS University, Mumbai |
INR 11,95,000 |
|
Symbiosis Institute of Business Management (SIBM), Pune |
INR 14,69,500 |
|
International Management Institute (IMI), New Delhi |
INR 20,95,230 |
|
Great Lakes Institute of Management, Chennai |
INR 17,95,000 |
|
ICFAI Business School (IBS), Hyderabad |
INR 16,02,000 |
|
Institute of Management Technology (IMT), Ghaziabad |
INR 21,53,000 |
MBA Career Prospects
The various career prospects for MBA graduates are –
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Business Analyst/ Business Strategist
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Business Associate
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Business Development Manager
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Market Research Analyst
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Investment Banker
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Entrepreneur
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Financial Analyst
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Management Consultant
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Marketing Associate
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Portfolio Manager
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Healthcare Administrator
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Project Analyst
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Product Analyst
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Program Analyst
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Operations Manager
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Risk Management Analyst
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Tour operator
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Aviation Manager
MBA Salary
The average salary range for MBA graduates lies between INR 4.5 and INR 5 LPA. The table below describes the MBA graduate's salary in different sectors –
Sectors |
Average Annual Salary |
IT/ Law Firms/ Advertising Firms/ Retail Companies |
INR 9 – 10 LPA |
Corporate Finance/ Banking/ Risk Management/ Private Equity/ Sales & Trading |
INR 7 – 7.5 LPA |
Business Marketing/ Online Marketing/ CRM/ Advertising/ Brand Management/ Retail |
INR 8 – 9 LPA |
Retail/ Logistics/ Hospitality/ Transportation/ Manufacturing/ Construction |
INR 10 – 12 LPA |
Information Technology/ Healthcare/ Financial Institutions/ E-Commerce |
INR 7 – 10 LPA |
MBA Top Recruiters
Amazon |
Wipro |
TCS |
BCG |
Accenture |
Goldman Sachs |
JPMorgan Chase |
Bain & Company |
Infosys |
|
Cognizant |
McKinsey |
Microsoft |
ICICI Bank |
Reliance Industries Limited |
Morgan Stanley |
Deutsche Bank |
A.T. Kearney |
Deloitte |
Nike |
Apple |
FAQs about MBA Course
Ques – What is the MBA full form?
Answer – The MBA full form is Master of Business Administration.
Ques – What is the MBA course duration?
Answer – The MBA course duration is two years, which is further divided into four semesters.
Ques – Can I do an MBA after the 12th?
Answer – No, you cannot pursue an MBA immediately after completing 12th. You first need to complete a bachelor’s degree in a relevant subject to get admission to an MBA course.
Ques – Among MBA and MCA, which is the better course to pursue?
Answer – MBA and MCA are both completely different courses. MBA’s curriculum is focused on business administration, whereas MCA is a computer application-oriented program. Both courses have plenty of career opportunities, and pursuing any course between the two entirely depends on an individual’s career goals.
Ques – What is the difference between MBA and PGDM?
Answer – An MBA is a degree offered by universities that focuses on the theoretical and practical aspects of management education. PGDM (Post Graduate Diploma in Management) is a diploma that emphasizes industry-oriented curriculum and practical skills development. While both provide similar business education, an MBA is a recognized degree, often offering longer duration and broader academic content, whereas PGDM offers more flexibility and specialization options and often has a stronger focus on industry connections and placements.
Ques – What are the various MBA courses?
Answer – The various MBA courses include the multiple specializations offered in MBA, such as Accounting, Entrepreneurship, Finance, International Business, Healthcare Administration, Human Resources, Management Information Systems, Management Science, Marketing, Operations Management, Organizational Design, Project Management, Real Estate, Risk Management & Strategy, Aviation, Supply Chain Management, Event Management, and Tourism.
Ques – Can I do MBA after BSc?
Answer – Yes, you can pursue an MBA after completing a Bachelor of Science (BSc). However, some MBA programs may prefer candidates with work experience or may require entrance examination scores like CAT, MAT, CMAT, GMAT, GRE, etc.
Ques – Which are the popular MBA entrance examinations?
Answer – The popular MBA entrance examinations are CAT, CMAT, XAT, SNAP, NMAT, MAT, and CUET PG.
Ques – Name some MBA subjects included in the curriculum of the course.
Answer – Some MBA subjects included in the course curriculum are accounting, economics for management, organizational behavior, quantitative analysis, financial management, human resource management, marketing management, operations management, etc.
Ques – What are MBA fees in top MBA colleges in India?
Answer – The MBA fees in top MBA colleges in India are INR 16 to INR 25 Lakhs.
Ques – In how many semesters is the MBA syllabus divided into?
Answer – The MBA syllabus is divided into four semesters.
Ques – What is the average MBA salary in India for freshers?
Answer – The average MBA salary in India for freshers is INR 4.5 to INR 5 LPA.
Ques – What are the different ways to get MBA admission in India?
Answer – The different ways of getting MBA admission in India are –
-
Merit-based MBA admission,
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Entrance test-based MBA admission.
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