MBA lateral entry allows students with a postgraduate diploma in management studies to skip the first year and enter the second year directly. This article will thoroughly analyse MBA lateral entry colleges, curriculum, and career prospects.
MBA lateral entry 2024 enables students to skip the first year of an MBA course and go right into the second. Students who have completed their first year of a relevant Master's degree, PGDM, or PGPM from a recognized institution or equivalent with a minimum 50% score are eligible for this program.
Students must note that the MBA lateral entry 2024 is only offered through distance learning or correspondence. Many private and gov B- schools offer MBA lateral entry courses, and students must fulfill various qualifying requirements to enroll.
What is Lateral Entry in MBA?
With the help of the MBA lateral program, students may skip the first year of the MBA program and enrol directly in the second year. MBA lateral admission is only accessible through distance/correspondence.
- MBA lateral entry eligibility requires students to have at least completed their first year of a master’s degree in a related field or hold a relevant PGDM or PGPM from an accredited university with a minimum of 50% aggregate marks.
- The MBA degree with a lateral entry allows students to improve their management and leadership abilities while gaining advanced knowledge in various business sectors.
- The MBA lateral entry 2nd-year syllabus focuses on providing students with practical information, case studies, and experiential learning to prepare them for a successful future in business.
MBA Lateral Entry Eligibility Criteria
The MBA lateral entry eligibility criteria in India may vary from those of the standard MBA degree. The eligibility qualifications may also vary by institution. The most important MBA lateral entry eligibility requirements are listed below.
- MBA lateral entry eligibility demands at least the first year of a master’s degree in a related field or a relevant PGDM or PGPM degree.
- Candidates must have at least 50% in their postgraduate diploma courses.
MBA Lateral Entry Admission Process
MBA lateral entry admission process might differ as per institution and course, so it is always advised to cross-check the official college website before applying. The standard MBA lateral entry admission process that most colleges follow is listed below.
- Students must first register for the MBA lateral entry 2024 on the college's website and fill out the application form with all the relevant information in online mode or at the campus.
- Interested candidates who have submitted their application form and qualify for all eligibility requirements like previous academic performance and entrance exam(if required) will be put on a merit list.
- After a list of qualified applicants is compiled and released, students will be contacted for counselling and submission of original documents, followed by the fee payment and enrollment.
Read More: MBA Admission Process
MBA Lateral Entry Course Syllabus
The curriculum of MBA lateral entry is intended to offer students advanced business management and administration skills. The core subjects included in the MBA lateral entry 2024 syllabus are as follows.
- Strategic Management
- Marketing (Optional)
- Entrepreneurship Development
- Human Resource (Optional)
- Finance (Optional)
- Business Legislation
- Finance (Optional)
- Research Project
- Marketing (Optional)
- Comprehensive Viva-Voce
Read More: MBA Syllabus and Subjects
Top Colleges for MBA Lateral Entry 2024
Numerous institutions offer MBA lateral programs, and students may choose one based on their qualifications, interests, and preferences. The following are some of the best institutions for MBA lateral entry 2024.
| MBA Lateral Entry Colleges | Average Fees |
| Annamalai University Distance Education | INR 23K |
| Wisdom School of Management | INR 28K |
| MIT School of Distance Education MAEER | INR 45K |
| International Media Institute, Gurgaon | INR 19K |
| Wisdom School of Management, Lucknow | INR 28K |
| Shaheed Bhagat Singh College of Management and Technology | INR 21K |
| International Center for Distance Learning and Open Education | INR 62K |
| Talent Study Circle | INR 40K |
| Wisdom School of Management | INR 25K |
| University Center for Distance Learning Chaudhary Devi Lal University | INR 12K |
Read More: Top MBA Colleges in India
MBA Lateral Entry Jobs and Salaries
MBA lateral entry graduates have several lucrative job prospects in many sectors. The course of study teaches students the skills and expertise to succeed in corporate business and administration. The following are some preferred careers for MBA lateral entry graduates.
| Job Role | Average Salary |
| Accounting Manager | INR 7 lakhs |
| Marketing Director | INR 14 lakhs |
| HR Operations Manager | INR 9 lakhs |
| Financial Analyst | INR 5.5 lakhs |
| Credit Managers | INR 7.2 lakhs |
| Human Resources Manager | INR 7.5 lakhs |
| Brand Partnership Manager | INR 11 lakhs |
Read More: Career Options and Courses after MBA
MBA Lateral Entry vs Regular MBA
While comparing both degrees, MBA lateral programs students might specialize in finance, marketing, or human resource management. In contrast, traditional MBA courses provide students with a comprehensive grasp of every facet of business administration. The table below shows a quick comparison of MBA lateral entry 2024 vs Regular MBA Entry.
| Factors | MBA Lateral Entry | Regular MBA |
| Duration | 1 year | 2 years |
| Eligibility | Completed 1st year of a master’s degree in a related field or a relevant PGDM or PGPM degree. | 50% in Bachelor degree in any subject. |
| Course Joining | 2nd year MBA Course | 1st year MBA Course |
However, the ultimate decision between MBA Lateral Entry and a Regular MBA depends on students' academic background, interests, and career objectives.
