MBS is a two year postgraduate program that deals with the study of advanced theory in research that the MBS course aims to provide extensive knowledge of business studies through many MBS specialisations available for students to choose from. MBS jobs after graduation include Financial Manager, Business Analyst, Financial Advisor, HR Manager, Management Analyst, etc.
Table of Contents
Degree | Masters |
Full Form | Master of Business Studies |
Duration | 2 Years |
Age | No Age Limit |
Entrance Exam | CAT, MHT, CET, CMAT, GMAT |
Minimum Percentage | 55% |
Average Fees | ₹2 LPA |
Similar Options of Study | MBA |
Average Salary | INR 5 LPA |
Employment Roles | Financial Manager, Business Analyst, Financial Advisor, HR Manager, Management Analyst, etc. |
MBS courses are composed of many artistic disciplines and offer various subject combinations for candidates to choose from apart from compulsory subjects. The MBS syllabus covers all the related topics for the field and gives rigorous training to the students. MBS full form stands for Master of Business Studies. MBS course duration is generally two years.
Business Studies concern the wide network of business activities in different forms whether it's industrial or commercial. Some of the subjects covered in this course are business finance & accounting, business economics, business law, business ethics, export marketing, etc.
MBS course eligibility includes students having to successfully pass their graduation from a recognized university. Many colleges and universities conduct entrance exams for students to be eligible for the course while, other colleges require students to have scored a minimum of 50% in their graduation results. There is no age limit to applying for this course. For MBS course admission, the students need to know the eligibility criteria and all the MBS course details.
The MBS course is for those aspirants that want to set up a career in business studies. Depending on the nature and type of MBS course, aspirants can set up their careers in the domain of their preferences, such as Business Finance & Accounting, Business Economics, Business Law, Business Ethics, and Export Marketing, to name a few. Those that want to pursue a career in business studies research can enrol for the MBS course.
Typically, it makes sense for MBS aspirants to apply for their respective courses immediately after completing graduation. Students from any stream can apply for an MBS course.
MBS admission is possible through both entrance examination and merit-based selection. Many universities offer direct and entrance exam-based admission to the MBS course. Candidates applying for the MBS degree should have their results from the respective entrance exam boards required by the selected/opted universities.
Though the admission process varies from college to college, below are the steps that one should generally go through to get admission.
The MBS degree course applications are available either online from the university website or offline by visiting the university's admissions office. In addition, some colleges may conduct interviews before admissions to check if students have good communication skills.
Candidates applying for the Master of Business Studies program should have all the necessary documents before the entrance test, such as graduation results and ID verification.
The selection process for the courses under MBS in India is usually the same irrespective of the specialisation. Generally, once the application for the course is received, colleges decide on the final selection of the candidates based on the marks obtained by them in the entrance exams. Additionally, the merit obtained by the candidates in their undergraduate degrees also plays an important role.
Aspirants can pursue the MBS course in full-time, distance or part-time mode. Below are the types of MBS courses in detail:
The full-time MBS program is typically for 2 years, which students will have to attend classes in person, submit assignments, and write their exams on campus. The advantage of a full-time MBS course is that students will gain a lot more exposure, experience and knowledge through direct interaction with their peers and faculty.
The part-time MBS course is designed for students who cannot attend regular classes. Part-time courses either entail weekend or night classes or online classes, depending on the type of course. The advantage of the part-time MBS course is that students can pursue this course while simultaneously being engaged in employment, research, etc.
Many universities and colleges in India offer the Distance MBS course. The course is designed keeping the Distance Education methodology in mind. This course is designed for students who cannot afford to attend classes on-campus or those engaged in some form of employment and cannot take time out to pursue a full-time course.
Entrance exams are a common and popular means for some colleges to have a screening to decide which student must be admitted to the course. Many popular colleges around the country have made a name for themselves by conducting internationally acclaimed research projects.
These colleges often conduct entrance exams, as the demand to enter these colleges is higher than the number of seats available. Listed below are some of the popular MBS exams:
Students can access the MBS course details by going to the college's official website to which they are interested in applying. Specialisation plays a vital role in the college's approach to the entrance exam. Below listed are some of the general guidelines of the MBS entrance examinations:
Below is the list of the 10 best MBS Colleges in the country:
Sl.No |
Name of the College |
Average Fees (INR) |
1 |
Neville Wadia Institute of Management Studies and Research, Pune |
2 LPA |
2 |
50,000 PA |
|
3 |
3 LPA |
|
4 |
50,000 PA |
|
5 |
25,000 PA |
|
6 |
25,000 PA |
|
7 |
25,000 PA |
|
8 |
25,000 PA |
|
9 |
25,000 PA |
|
10 |
College of Business Management, Tamil Nadu |
25,000 PA |
India’s capital city is home to some of the best institutions for MBS in India. Check the table below for the top MBS colleges in New Delhi:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
Pune also has some of the best institutions for MBS in India. Check the table below for the top MBS colleges at Pune:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
Tamil Nadu’s capital city is home to some of the premier institutions for MBS in India. Check the table below for the best MBS colleges in Chennai:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
The capital city of Karnataka is renowned around the country for colleges offering top MBS programmes. Check the table below for the best MBS colleges in India:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
West Bengal’s capital city, Kolkata, has some of the best colleges for MBS courses in India. Check the table below for the best MBS colleges in Kolkata:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
The Telangana state capital has some premier institutions in the country for MBS courses in India. Check the table below for the top MBS colleges in Hyderabad:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
There are several top Government Colleges offering quality MBS programmes across the country. Check the table below for the top MBS government colleges in India:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
India has seen significant growth in the number of quality MBS private colleges that offer some of the best programmes in the country. Check the table below for the top MBS private colleges in India:
Sl.No |
Institution |
1 |
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2 |
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3 |
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4 |
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5 |
Students can opt to study an MBS course abroad if they can afford it. The MBS course abroad is for 3 - 4 years, depending on the type of course, college and country. The benefits of studying an MBS course abroad are access to some of the best resources, facilities, and faculties, apart from worldwide exposure in terms of subject matter and other cultures.
In addition, MBS is one of the best courses to study abroad because of its diversity. Below are some of the top MBS colleges abroad and the relevant fees structure:
The table below contains the list of some of the best colleges abroad for MBS:
Institution |
Fees (USD) |
33220 |
|
46690 |
|
25670 |
|
41722 |
|
17501 |
|
54650 |
|
52538 |
|
32160 |
|
53346 |
|
Columbia University |
59105 |
The USA is home to some of the best universities and colleges offering top-notch MBS programmes in the world. The table below contains the list of top MBS colleges in the USA:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
The UK has institutions that date back to the 13th century. This makes the UK one of the best destinations for pursuing an MBS. The table below shows the top colleges in the UK for MBS:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
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4 |
|
5 |
Known as the ‘Great White North', Canada is one of the most sought-after destinations for MBS programmes in the world:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
Known as the ‘Land Down Under’, Australia has emerged as one of the top destinations for higher studies for many students. The list of top MBS colleges in Australia is as follows:
Sl.No |
Institution |
1 |
|
2 |
|
3 |
|
4 |
|
5 |
MBS fee structure is not fixed and depends on many factors. Some of the factors which affect the MBS course fees include location, faculty, demand, infrastructure, and the facilities available to the students. The average MBS course fee in India is around INR 50,000 - 5 LPA.
Sl.No. |
Name of the College |
Total Fee Structure (INR) |
1. |
Neville Wadia Institute of Management Studies and Research |
1.70 LPA |
2. |
Arihant Institute of Management Studies |
1.03 LPA |
3. |
College of Business Management |
46,000 PA |
4. |
Bharati Vidyapeeth University |
75,000 PA |
The course syllabi included in the curriculum of some of the most popular MBS courses are tabulated below. The crux of the syllabus is maintained throughout most colleges across the nation, although minor deviations may be observed for a few colleges. Listed below are some subjects that the students get a chance to study:
Read More: MBS Syllabus and Subjects
When students decide to pursue the MBS qualification, they should research MBS course details to ensure that they know the course they are enrolled in. Some of the common queries that students encounter are, "What is MBS" and "Why MBS?". To understand the answer to these questions, we can make it simpler by breaking it down into the following three short questions:
MBS course full form stands for Master of Business Studies. A MBS course is a postgraduate commerce degree awarded to students, usually in a branch of Business. The Master of Business Studies degree is one of the oldest and most popular programs globally. MBS duration is generally two years.
MBS degree is a mix of many subjects that allows candidates to adapt to the changing demands of the employer and meet their needs. The MBS course enhances the candidates’ communication, research, and analytical skills.
Students can select the subjects of their choice depending on their interest in job prospects available in the specific field. Since graduates with a Master of Business Studies degree possess skills in various subjects, there are career opportunities available in multiple fields for them.
In addition, there are many responsibilities that graduates of this role have to undertake, which makes the role very dynamic and diverse.
Business Analyst: The business analysts perform detailed requirements analysis, document processes, and perform some user acceptance testing.
The MBS course is a very reflective and exciting stream of education. Students can gauge the intrinsic worth of an MBS course because it offers more avenues of employment opportunities than any other stream. Thus, the MBS job scope is forever widening and appealing.
Diversity in Job roles: There is a diverse range of job roles available for the graduates of this course. Since the specialisations available to the students are very flexible, it enables the students to pursue a wide range of roles in their careers.
Read More: MBS Jobs and Scope
MBS stands for Master of Business Studies and is typically catered to students interested in and inclined towards business studies. Below is a comparison of the MBS course with other courses:
The table below showcases the differences between MBS and MBA:
Course |
MBS |
MBA |
Full Form |
Master of Business Studies |
Master in Business Administration |
Stream |
Commerce |
Commerce |
Course Duration |
2 years |
2 years |
Eligibility |
Under Graduation |
Under Graduation |
Entrance Exams |
CAT, MHT, CET, CMAT, GMAT |
CAT, MHT, CET, CMAT, GMAT |
Top Colleges |
Neville Wadia Institute of Management Studies and Research, Pune Loyola College, Chennai Christ University St. Xavier's College Mumbai |
Neville Wadia Institute of Management Studies and Research, Pune Loyola College, Chennai Christ University St. Xavier's College Mumbai |
Fees |
INR 50,000 - 5 LPA |
INR 1 - 10 LPA |
Read More: MBA
There are many tips that students must note when deciding to pursue an MBS degree. Some important preparation tips are listed below to ensure that the students crack the course and pass the exams without any hurdles.
Improve Vocabulary: Improving vocabulary is very necessary as the MBS course deals with many writing and reading activities. So having excellent communication and writing skills are a plus for the student studying the MBS course.
Read and Practice More: Being up to date with the syllabus every day is very important. Practising and reading more will help the student be thorough with the syllabus and do well in the exams.
Have Intrinsic Knowledge and Interest in Subjects: Having intrinsic knowledge about the subject and having the same interest will keep the student motivated to learn more than what's in the syllabus.
Revise Methodically: Revising from time to time can be a key to scoring well in the final exam. Keep revising regularly and understand the subject properly. Revision is the key to scoring good marks.
Students can pursue many specialisations under MBS. There are also many higher study options available for graduate students after an MBS degree, which can help them better understand the subject. Also, gaining more education can help students pursue a career in research if they are interested in it. Listed below are some of the popular higher education options available for students:
The MBS salary for the graduates can differ according to the specialisation that the aspirants decide to pursue. Other factors that can affect MBS' salary in India include experience, geography, and the industry they are working in.
Graduates can increase their salary by doing internships and work placements as it would add to their experiences. The average MBS job salary for graduates is around INR 2 - 10 LPA [Source: PayScale].
Read More: MBS Salary
There are plenty of jobs available for students looking for a career in Business Studies. The job roles will differ based on the specialisation that one has opted for. MBS graduates have abundant job opportunities with good salary packages that include the following fields:
There are many complex and soft skills that MBS graduates need to possess to succeed in their careers. These are not necessarily skills that students can get in a classroom setting. Instead, these are skills that are learned through experience.
Therefore, students should always put in the effort to go out of their comfort zone and gain as much experience as possible. Some of these skills include:
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