MBA in Corporate Social Responsibility
Admission to the MBA in Corporate Social Responsibility has a minimum criteria to qualify for a bachelor's degree with a minimum of 50% or equivalent from any recognized university in graduation.
For admission to this course, the students must appear for any of the entrance exams like CAT, XAT, CMAT, NMAT or SNAP with a valid score as decided by the specific college. In some colleges admission is based on merit or work experience and students need to know the admission criteria for the university desired.
Admission to the MBA in Corporate Social Responsibility is based on cut-off scores in the entrance examinations. Admission does not depend on the specialization chosen by the student during graduation. The course fees of different colleges providing MBA in Corporate Social Responsibility ranged from an average fees range from ₹ 2.36 Lakhs to ₹ 20.50 Lakhs. Students often secure placement in top companies like Google, Microsoft, Intel, Reliance, Amazon and many others.
Highlights
Here, important information related to the management degree in Corporate Social Responsibility Management, is mentioned. Students aspiring to have a degree in Sports Management can refer to the information given below:
*Note- Fees and Average packages for other colleges apart from the ones given in the table may vary accordingly
What is Corporate Social Responsibility
An MBA in Corporate Social Responsibility (CSR) is a postgraduate degree course designed to equip students with the skills and knowledge required to combine social and environmental aspects into business strategies. This course integrates conventional business management with a focus on community involvement, corporate ethics and environmental practices. The curriculum will equip the students with skills in dealing with social issues. These issues include inequity, labor rights, climate change and governance issues while attaining corporate goals. Commonly taught topics in the curriculum include business ethics, reporting, environmental management, stakeholder communication and social entrepreneurship.
CSR MBA graduates are ready to lead campaigns that advocate for sustainable business practices and corporate accountability. The program makes students work on developing long-term close relationships with communities, employees and the environment by balancing profit-making and social impact. Professionals who can create real change within organizations may have a successful career as more companies strive to meet the increasing demands for transparency and ethical behavior.An MBA in CSR also puts graduates in a position to significantly influence how companies function in a world that is becoming more linked and socially alert by giving them access to senior positions in sustainability and CSR departments.
The significant aspects of this MBA program are:
Corporate Social Responsibility is concerned with issues regarding responsibility towards society.
This program examines all aspects of social work as well as prospects for corporate social responsibility.
The program will teach students how to collaborate closely with various NGOs and Social Service Organisations to improve society.
This course includes a range of topics such as sociopolitical perspectives on CSR, corporate governance and CSR, rehabilitation and CSR and legal and business aspects of CSR.
Along with the CSR topics this course teaches important management disciplines like Development Economics, Financial Management and Marketing Management.
This course will also include required seminars, projects and internships as designed by the universities.
Why choose an MBA in Corporate Social Responsibility Management
The Company Act of 2013 has mandated all corporations to undertake some CSR activity. Therefore, the requirement of candidates is increasingly growing. Due to the implementation of the CSR department by the government, the employment security of a candidate with a degree in CSR is much more significant. Candidates with a CSR degree would have the opportunity to work in some of the top Indian and Foreign firms. There would be vast opportunities for social activities and collaboration with various nongovernmental organizations and social workers for the candidates.
Therefore, students interested in social activities like charity and helping others can choose to opt for this course. Competitive remunerations ranging between INR 5,00,000 to 8,00,000 are offered to candidates with an MBA in CSR. Students aspiring to make a career in Corporate Social Responsibility can go for further studies like a Ph.D course in the sector and can further choose to get employment in the companies or choose to become teaching professionals in the universities.
Entrance Exam
In India, various entrance examinations are conducted to get admission to top management colleges. These are as follows:-
CAT: CAT, the Common Admission Test and is one of the most common entrance exams. It is conducted every year in India for admission to Management colleges. Students aspiring to be in top management colleges must get a high score in CAT. The three different sections include Verbal Ability, Reading Comprehension, Data Interpretation, Logical Reasoning, and Quantitative Ability. The period of the exam is 120 minutes.
MAT: MAT is also called the Management Aptitude Test and is a standardized test. It is conducted every year to facilitate Business Schools to screen candidates for admission to MBA programs. The period of the exam is 120 minutes.
GMAT: The GMAT, also known as the Graduate Management Admission Test, is an online exam conducted every year by GMAC for students to qualify for admission to MBA programs. It is for universities in India and abroad. This exam can be taken multiple times in a year. It lasts 2 hours and 15 minutes.
CMAT: The CMAT, also known as the Common Management Aptitude Test, is a 180-minute national-level examination conducted by the NTA every year.
XAT: The Xavier School of Management administers the XAT exam which is open to final-year students and those with bachelor's degrees. The period of the exam is 180 minutes.
Some entrance exams are conducted on a university basis. Some private universities conduct their entrance exams to qualify students for admission.
Eligibility
The admission criteria for the MBA in Economics are discussed below:
Students must have a bachelor's degree in any discipline from a recognized university. A passing percentage of 50% or equivalent CGPA is acceptable.
For students under the reserved category ( OBC/SC/ST) 5% relaxation is offered from the mandatory passing percentage.
Students can apply in their final year after submitting a no-objection certificate from the principal.
A merit score of more than 60% is required for admission to top universities like IIMs and IITs.
Students must score well in the entrance exam if they aspire to be admitted to the top colleges.
Admission Process
As the seats in colleges and universities are very limited the competition for students is high. Candidates have to pass through various steps to get admission to the desired college. The steps that the admission process for an MBA degree in Corporate Social Responsibility includes are as follows:-
Students must fulfill the admission criteria which usually include a bachelor's degree with a minimum passing percentage of at least 50%.
Few of the colleges/ universities have criteria that demand at least one year of relevant experience. Experience is important to understand management studies. The individuals can acquire the skills better for their advancement in the future.
Entrance Exams- Students need to pass entrance exams like CAT, XAT, CMAT, SNAP, GMAT and other private university-based examinations depending on the requirements of different universities. Depending upon the cut-off or the score admissions will be provided in this course.
Application form- All invited candidates have to fill up the online or offline admission form and attach all required papers, including their Aadhar card number, proof of address, proof of residency, grade sheets of classes 10 and 12 and graduation grade sheet.
Shortlisting of the candidates- After clearing the entrance exams needed by the respective universities, students need to appear for the group discussion round and the personal interview round. These rounds are conducted to assess student’s communication skills and problem-solving abilities.
The final selection in the universities is based on the overall score that will be calculated depending on the entrance exam score GD/PI performance and work experience.
Document Verification and Admission- In case the candidates complete all these steps, then they are requested to produce all the necessary documents to confirm their eligibility. Such eligible candidates get admitted into the course.
Subjects for MBA in CSR
MBA in Corporate Social Responsibility programs have gained great popularity due to the aspect of involving students with new business practices promoting sustainable growth for all stakeholders. Students will develop a deep understanding of society and how to build stakeholder relations. Students will learn about responsible business practices and social entrepreneurship. Some of the subjects include Development Economics, Statistics for Management, Corporate Accounting and many more.
Colleges with specialisations in Corporate Social Responsibility/Specialised PGDM/MBA in Corporate Social Responsibility- Fees
The college names mentioned below are the top colleges for an MBA in Corporate Social Responsibility, according to the NIRF Ranking. The table includes top private colleges like Indian School of Business, Hyderabad that provide a 1 year PGP course to pursue corporate social responsibility as a career. The fee of this college is ₹45.12 lakhs. The students interested in this program may go through the table to find more colleges and their fees.
Colleges with specialisations in Corporate Social Responsibility/Specialised MBA/PGDM in Corporate Social Responsibility: Average Package
The colleges mentioned below are the top private and government colleges, according to NIRF, that provide a specialized degree in MBA in Corporate Social responsibility where the curriculum primarily focuses on combining sustainability and environment and social aspects with business acumen. The table mentions the duration and also highlights the average package of the courses from each college.
MBA in CSR Job Prospects
Students with a degree in Corporate Social Responsibility can take up jobs in the corporate sector. Students can be hired both in the private and public sectors. The students can collaborate with the NGOs and can start up their charity trust for the welfare of the society.
Future Scope
The scope of an MBA in CSR is very broad and is becoming important with organizations under great pressure to align their operations with environmental and social norms. This specialized MBA prepares graduates for leadership positions in CSR departments, sustainability consulting, corporate governance and community relations. Students with this degree are capable of developing and implementing plans that balance profitability while considering social and environmental norms.
Companies are focusing increasingly on sustainability. There is an ever-increasing need for those who can develop ethical frameworks, conduct sustainability reporting and reach out to stakeholders. Companies working in different sectors like finance, manufacturing, healthcare and technology are seeking CSR experts to enhance their brand reputation and ensure regulatory compliance. The scope also extends to nonprofit organizations, government agencies and international development sectors where CSR strategies are integral to driving societal change. This growing trend highlights the increasing significance of CSR in shaping the future of business.
Along with these advantages, students have a wide range of opportunities in further studies like research-oriented courses like Ph.D. Students also have a scope of getting employment in various government-funded organizations, NGOs and charity organizations. Students with this degree can also opt to do some certification courses from foreign universities and can get a chance for employment abroad.
Conclusion
Effective management of corporate social responsibility is indispensable to transform ethical aspirations to tangible outcomes. This will help businesses, society and the environment. This involves incorporating CSR in decision-making and the core of all business operations. It is necessary to combine CSR objectives with business goals for companies to ensure sustainability. This will have an innovative social impact, leading to long-term value creation for both the corporate and the society.
The key in this field is leadership commitment. The graduates must set measurable targets, where the stakeholders and the community work as partners for common growth. This program trains graduates with proactive risk management. They learn how to manage short-term financial goals with long-term environmental goals. This is of great significance and helps in boosting career growth.
FAQs
A1) CSR activities have been made compulsory for all companies after the Company Act. Some companies outsource their activities to NGOs but some big companies hire their own CSR executives.
A2) The necessity for CSR executives has just recently emerged in India, with the enactment of the Company Act. As a result, colleges have only recently started offering this course. As a result, only a few colleges now provide this subject. However, the number is anticipated to grow shortly.
A3) IIMs like IIM Ahmedabad generally offer short-term certification courses in CSR.
A4) Yes, NGOs occasionally hire MBA CSR consultants to look into various ongoing activities.
