Faculty of Management & Social Sciences

MASTER OF BUSINESS ADMINISTRATION (MBA)

Programme Objectives

The MBA program aims at developing a student's intellectual ability, executive personality and managerial skills through an appropriate blending of business and general education. The MBA curriculum provides students with a comprehensive management education of globally recognized best practices with flexibility of their adaptation to indigenous entrepreneurial and societal context. Curriculum of the programme ascends from general management education to specialization in diverse business fields. General management skills like oral and written communication, decision-making, leadership, and teamwork developed among the students at the initial level of the programme provides them with a solid foundation for more advanced studies at the elective level during the subsequent stage. Core courses taught integrate information and theories from various disciplines, including communication, economics, financial accounting, quantitative methods, business strategy, marketing, finance, organizational structure and strategic management and prepare the students to think critically about business issues in order to enable them to develop strategic level understanding and demonstrate comprehension of complex theoretical constructs in the major business disciplines and technologies.

Objective of the program, thus, is developing the unique leadership qualities among the young students required for successfully managing business functions, an organizational unit or an enterprise. It aims at to develop students into broadly educated business managers and executives who understand the nature of business as a whole, with the tools and techniques applicable to a wide variety of business situations. The program gives the students a chance to bring together all of the theories, skills and tools studied during the program and integrate them into a learning experience that highlights the nature of competition and the kind of strategic maneuvering that must be done in order to succeed.

Upon completion of the programme, many graduates go on to become successful entrepreneurs, or to assume leadership positions in SMEs, major local and multinational corporations, in consulting firms, or in government service. In the field, the graduates are expected to be able to integrate human and other organizational resources with continually developing technology, while nurturing the entrepreneurial spirit that has always been one of the key characteristics to successful businesses. They are expected to adapt and apply complex business theories as they build an understanding of evolving organizational realities that require instant, skillful and ethical action as they aim through rapidly changing circumstances. They are also expected to be able to identify key ethical, global, and social issues surrounding business related choices and make decisions that balance corporate values and socially responsible action.

Learning Outcomes

The students who earn the MBA degree will be able to:

1. Effectively utilize various human relation skills including leadership; oral and written communication; teamwork and collaboration.
2. Demonstrate competence in applying the tools and techniques of business management, drawing on a broad-based knowledge of the major functions like accounting, economics, finance, information systems, marketing, strategy and management to solve complex business problems and make sound business decisions.

3. Use qualitative and quantitative methods and analytic tools to diagnose business challenges, identify and analyze alternatives in a business context and leverage technology and analytic reasoning to cultivate new ways to successfully recognize, mitigate and solve problems. 

4. Demonstrate a thorough understanding of the internal structures and operations of businesses ranging in size from small to multinational.

5. Demonstrate a thorough understanding of how the interplay between business and various external forces, both domestic and international, e.g., regulatory, competitive, environmental and non-governmental interest groups shape management decisions strategies and outcomes.

6. Think critically and creatively in seeking solutions to practical and theoretical problems by using developed skills to evaluate information, solve problems, and make sound decisions. 

7. Recognize legal and ethical problems that arise in the domestic and international environment and choose and defend solutions.

8. Recognize and reconcile cultural differences when solving complex business problems.

9. Identify, articulate and disseminate core organizational values, evaluate the ethical, global and social issues of various business options for all stakeholder groups and demonstrate the ability to propose feasible solutions to ethical, global, and social dilemmas consistent with stakeholder and organizational values. 

PROGRAMME STRUCTURE 

1. The standard MBA programme would be 2 years consisting of  minimum 60 credit hours of work load after completing sixteen years of  education. A university may go up to maximum of 72 Cr. hrs.
2. Universities may offer up to 30 Cr. hrs exemptions to 4 years BBA or equivalent degrees directly relevant to business education (e.g. BBS and old MBA). In case of non relevant 16 years education a university may require some deficiency courses but not more than 15 credit hours.
3. The standard course load should be no more than 15 Cr. hrs for undergraduate (up to 500 level) and 12 Cr. hrs for graduate (600 and above level) courses in a regular semester and 6 Cr. hrs. in Summer.
4. The MBA degree holders will be eligible for admission to PhD. However, a university may require a student to complete some deficiency course/s, specially in the field of Research Methodology, if deemed necessary.
5. For all practical purposes MBA degree is equivalent to MS degree.
6. The recommended broad content of the MBA programme are provided in Table-1. The first column mentions the functional areas to be covered. The second column mentions minimum credit hours to be covered in each area. The third and fourth columns provide the suggested, not mandatory, titles for the courses. The whole idea is that first year courses should be up to 500 level (usually covered during 4-year BBA programmes) and second year courses should not be less than 600 level.  

                        Table-1

SEMESTER-WISE BREAKUP FOR MBA

Table II

Note: As per quality assurance standards maximum course load at graduate level can be 12 credit hours per semester and 6 credit hours in Summer.