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MPhil (Business Management) 2024: Admission, Eligibility, Syllabus

3 Years
Degree
Doctorate/M.Phil
Full Time

M.Phil (Business Management) Overview

A Master of Philosophy (M.Phil) application in Business Management is a sophisticated graduate-stage degree that offers a complete and research-oriented technique to the sphere of commercial enterprise control. Typically spanning 1-2 years, this application is designed to prepare college students for leadership roles in academia, industry, and studies.

Coursework in M.Phil Business Management covers a extensive variety of topics together with strategic control, organizational conduct, marketing, finance, and operations. However, the number one attention of this system is on research and scholarly paintings. Students are required to adopt unbiased studies tasks and convey a thesis that contributes to the frame of knowledge inside the subject. They paintings carefully with school members and advisors to develop and execute their research.

M.Phil (Business Management) Admission Process

Eligibility

To be eligible for admission to an M.Phil. in BM program, students must have completed a Master of Business Administration (MBA) or equivalent degree from a recognized university with a minimum of 55% marks in aggregate. Some universities also require students to have a valid score in a national entrance exam such as the Graduate Aptitude Test in Engineering (GATE) or the Joint Entrance Examination - Master of Business Administration (JEE-Main).

Step Description
1. Apply online Submit an online application form and pay the application fee. Upload scanned copies of required documents such as your MBA transcript, entrance exam scorecard, and research proposal.
2. Shortlisting Universities will shortlist candidates based on their academic merit, entrance exam score, and research proposal. Shortlisted candidates will be called for an interview.
3. Final selection The final selection of candidates will be made based on their performance in the interview and academic merit.

M.Phil (Business Management) Eligibility

  1. Bachelor's Degree: Typically, applicants ought to have a bachelor's diploma in a related field, inclusive of commercial enterprise, control, economics, or a intently associated area. The degree have to be from a recognized group.

  2. Academic Performance: Most M.Phil applications require a sturdy academic report, frequently with a minimal GPA or percentage inside the undergraduate diploma. Specific GPA requirements can range by means of organization.

  3. Entrance Exam: Some universities may additionally require candidates to take a standardized entrance exam, consisting of the GRE (Graduate Record Examination) or GMAT (Graduate Management Admission Test). The specific examination necessities, if any, will range through group.

  4. Letters of Recommendation: Applicants are typically requested to offer letters of advice from professors or experts who can communicate to their educational or expert qualifications and capability for research.

  5. Statement of Purpose: You may additionally need to put up a statement of motive (SOP) outlining your studies interests, academic and career desires, and why you need to pursue an M.Phil in Business Management at that precise institution.

  6. Research Proposal: Some programs may additionally require a studies idea that outlines the subject you plan to take a look at throughout your M.Phil application. This notion allows verify your studies aptitude.

  7. Interview: In some instances, you'll be asked to wait an interview as a part of the admissions system. This interview might be carried out in person or through video conferencing.

  8. English Language Proficiency: If your native language is not English, you could want to demonstrate talent in English thru tests just like the TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System).

M.Phil (Business Management) Entrance Exams

  1. Graduate Record Examination (GRE):

    • Content: GRE assesses analytical writing, verbal reasoning, and quantitative reasoning skills. It doesn't specifically focus on business management but is often used as a general assessment.
    • Analytical Writing: Measures your ability to analyze complex issues and effectively communicate ideas.
    • Verbal Reasoning: Evaluates your reading comprehension, critical thinking, and vocabulary skills.
    • Quantitative Reasoning: Tests your math and data interpretation abilities.
  2. Graduate Management Admission Test (GMAT):

    • Content: GMAT is tailored for business programs.
    • Analytical Writing Assessment: Assesses your ability to think critically and communicate complex ideas.
    • Integrated Reasoning: Measures data analysis and interpretation skills.
    • Quantitative and Verbal Sections: These evaluate mathematical, verbal, and reading comprehension abilities.
  3. Institution-Specific Exams:

    • Some universities may have their own entrance exams designed to assess your aptitude and knowledge relevant to the M.Phil program's specific requirements. These exams can vary widely in content.
  4. English Language Proficiency Tests:

    • Tests like TOEFL and IELTS assess your English language skills if it's not your native language. These exams include sections on reading, writing, listening, and speaking.
  5. Research Proposal and Interview:

    • In addition to standardized tests, some institutions may require you to submit a research proposal or undergo an interview to assess your research aptitude and suitability for the program.

M.Phil (Business Management) Syllabus

Subject Syllabus
Research Methodology Introduction to research methodology, quantitative and qualitative research methods, data collection and analysis techniques, hypothesis testing, research ethics
Business Theory Advanced business theory, strategic management, marketing management, financial management, human resource management, organizational behavior
Advanced Quantitative and Qualitative Analysis Techniques Multivariate analysis, time series analysis, panel data analysis, qualitative data analysis software
Dissertation Independent research project on a topic related to business management

Top 10 Government M.Phil (Business Management) Colleges

Rank College Name City State Fees (INR)
1 Delhi University Delhi Delhi 13,000
2 Jawaharlal Nehru University Delhi Delhi ---
3 Jamia Millia Islamia Delhi Delhi ---
4 Lucknow University Lucknow Uttar Pradesh 36,000-46,000
5 Panjab University Chandigarh Chandigarh ---
6 Shivaji University Kolhapur Maharashtra 16,400
7 TISS Mumbai Mumbai Maharashtra 2,00,000
8 University of Mumbai Mumbai Maharashtra 10,000
9 University of Pune Pune Maharashtra 10,000
10 XLRI Jamshedpur Jamshedpur Jharkhand ---

Top 10 Private M.Phil (Business Management) College

Rank College Name City State Fees (INR)
1 Amity University Noida Uttar Pradesh 48,000
2 Christ University Bangalore Karnataka 30,000
3 C V Raman University Bilaspur Chhattisgarh 30,000
4 Neotia University Kolkata West Bengal 69,000
5 SGT University Gurgaon Haryana 5,00,000
6 SVSU Meerut Uttar Pradesh 34,000-56,000
7 Symbiosis Institute of Management Studies (SIMS) Pune Maharashtra 5,35,000
8 Welingkar Institute of Management Development and Research (WIMDRI) Mumbai Maharashtra 5,80,000
9 Xavier Institute of Management, Bhubaneswar (XIMB) Bhubaneswar Odisha 5,60,000
10 Xavier Labour Relations Institute (XLRI) Jamshedpur Jharkhand 6,50,000

M.Phil (Business Management) Course Placements

Graduates of M.Phil. in BM programs are in high demand by universities, research institutions, and consulting firms. The average annual salary for an M.Phil. in BM graduate is around INR 6-8 LPA. However, experienced professionals can earn much more.

College Name City State Average CTC (INR LPA)
Delhi University Delhi Delhi 8-10 LPA
Jawaharlal Nehru University Delhi Delhi 9-11 LPA
Jamia Millia Islamia Delhi Delhi 8-10 LPA
Lucknow University Lucknow Uttar Pradesh 7-9 LPA
Panjab University Chandigarh Chandigarh 8-10 LPA
TISS Mumbai Mumbai Maharashtra 9-11 LPA
University of Mumbai Mumbai Maharashtra 8-10 LPA
University of Pune Pune Maharashtra 8-10 LPA
XLRI Jamshedpur Jamshedpur Jharkhand 10-12 LPA
Amity University Noida Uttar Pradesh 6-8 LPA
Christ University Bangalore Karnataka 7-9 LPA
C V Raman University Bilaspur Chhattisgarh 6-8 LPA

M.Phil (Business Management) Course Jobs and Salary

Specialization Average Salary (INR LPA)
Business Strategy 8-10 LPA
Marketing Management 7-9 LPA
Financial Management 6-8 LPA
Human Resource Management 7-9 LPA
Organizational Behavior 7-9 LPA
Operations Management 7-9 LPA
International Business 8-10 LPA
Entrepreneurship 8-10 LPA

M.Phil (Business Management) Overview 2024 FAQs

Common standards include a related bachelor's diploma, strong academic performance, entrance assessments, and research proposals.

The program emphasizes unbiased studies and the completion of a thesis contributing to commercial enterprise management expertise.

Commonly, the GRE or GMAT may be required, however regulations vary with the aid of group.

Yes, however you may need to illustrate proficiency in commercial enterprise-associated topics throughout the application technique.

It prepares graduates for roles in academia, research, consultancy, and superior positions in enterprise.

Visit the legit website of the institution offering the M.Phil software for exact admission statistics.
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