Management in Marketing

Marketing

With demand for skilled professionals rising in India, an MBA degree in present times has become imperative for professional growth. However, choosing an MBA course can often become confusing. With several specializations available, you need to make a selection carefully. An MBA degree in Marketing is one of the most sought after main-stream courses.
If you are interested in the entertainment, media,

promotions, advertisement, sales and general management field, then the MBA is appropriate for you.

The marketing is the heart of any organization. The trend of marketing has changed and augmented with the technological evolution in the world.

MBA in Marketing: Course Highlights

Course Level 2 years (4 or 6 semesters) for Regular Program
Duration Varies from a minimum of 2-2.5 years to a maximum of 4 years in Distance mode
Examination Type Varies from 1 year to 2 year for Executive Programs
Eligibility Bachelor’s Degree in any Discipline
Work Experience is required for Executive Programs
Admission Process Entrance Exam + Group Discussion/Personal Interview
Major Entrance Exams CAT, XAT, MAT, CMAT, SNAP
Program Fee 4 Lakh INR – 20 Lakh INR
Average Starting Salary 2.5 Lakh INR – 10 Lakh INR
Top Hiring Companies HDFC, IBM, Cognizant, Accenture, TCS etc.

MBA in Marketing: Eligibility

Graduation or a Bachelor's Degree in any discipline obtained through the 10+2+3 system or an equivalent qualification with a minimum aggregate of 50% or equivalent CGPA of any of the Universities incorporated by an act of the Central or State Legislature in India. There is a Relaxation of 5% aggregate for SC/ST candidates.

MBA in Marketing: Admission Process

Most B-Schools in India offering an MBA degree in Marketing, intake students on the basis of their performance in one of the several National Level Entrance exams. The process of admission through entrance tests is better explained through the below given process.

  • 1st Step - Online / Paper - based Entrance Test
  • 2nd Step – Group Discussion / Personal Interview
  • Final Step – Final Offer of Admission
  • On the basis of performance in Entrance Test, a handful of students are called for Group Discussion and Personal Interview. Some institutes also conduct Essay Writing Test prior to Group Discussion and Interview. On the basis of overall performance a student is offered admission at the institute. All the major B-Schools also give weightage to performance in Higher Secondary and Graduation level while preparing the final list of selected students.

    MBA in Marketing: Entrance Exams

    Below is a list of the major Management Entrance Tests conducted in India and their conducting Institutes.

    Name of Exam

    Institute for which the exam is conducted

    CAT

    Indian Institute of Management (IIM)

    XAT

    XLRI (Xavier Institute of Management)

    CMAT

    Management Programs approved by AICTE

    SNAP

    Management Programs at Symbiosis International University

    NMAT by GMAC

    Narsee Monjee Institute of Management Studies

    IIFT

    Indian Institute of Foreign Trade

    MICAT

    MICA Institute of Strategic Marketing and Communication

    MBA in Marketing: Selection Process

    As explained earlier, almost all institutes select students on the basis of their performance in Entrance Test, Group Discussion and Personal Interview. While not all institutes conduct a separate entrance test and might accept scores of any of the nationally conducted Entrance Test, each Institute does call students for rounds of Group Discussion and/or Personal Interview. An estimate of the weightage given to performance and Academic performance while preparing final list of selected candidates is given below.

    Process

    Weightage

    Entrance Test

    60-70%

    GD/PI/Essay Writing

    5-10%

    Academic Performance

    10-15%

    Work Experience

    5-10%

    MBA in Marketing: Salary Trends

    MBA in Marketing, as explained earlier, is one of the top management courses and hence is also among those which offer scope for a rewarding salary. However, salary package offered to a student also depends on the Management Institute where the student has completed their course work. While bigger names like IIM’s always end up with some of the highest pay packages, average ranking colleges are not far behind. The salary trend in different management institutes is explained below: