MBA in General Management
Unlike specialized MBAs, it covers core areas of study like finance, marketing, operations, human resources and strategy, providing a well-rounded education for future business leaders.
The Master of Business Administration in General Management also known as an MBA in General Management is mainly intended for students who do not hold any business-related degree at the bachelor's level but have at least 2 years or more of valuable experience in a company or organisation in a job involving managing people or processes or both.
The General Management program is designed to equip graduates with the knowledge and the competencies to take on managerial roles in business administration both within the public and private sectors. These roles may vary from management or policy-making positions in big organisations to managerial positions in small and medium-sized businesses. Students can critically evaluate and analyze various developments in an organisation to develop, set up and implement policies, visions and objectives and solutions in that organisation. They must be able to analyze the strategic procedures and vision of an organisation and, according to this analysis, apply and use tools to innovate, optimise and restructure these processes by a holistic approach.
A minimum cumulative score of 50% or higher or an equivalent CGPA from an accredited university is required for admission to this program. For an MBA in General Management, students can have a bachelor’s degree in any discipline. Students must pass MBA entrance exams like the CAT, SNAP, XAT, and GMAT to be admitted to the course. Most of the universities in India will accept these entrance exam scores to qualify students for admission. However, some of the colleges conduct their entrance exams to qualify students. After submitting entrance exam scores students must appear for group discussion and personal interview rounds to qualify for admission.
Some of the job roles specific to the management degree in general management include a general manager, who they are responsible for handling the day-to-day operations, ensuring resource efficiency and enhancing the overall growth of the business. The other job roles include business development manager, operations manager, marketing manager, strategic planner and many others.
The average fee for the degree program of an MBA in General Management ranges from ₹ 1.01 Lakhs to ₹28.00 Lakhs. The average income for graduates after completing a degree in MBA in General Management varies from ₹7.27 Lakhs per annum to ₹ 30.0 Lakhs
per annum. The universities that offer a management degree in general management are IIM Lucknow, IIFT Delhi, XLRI, IIM Raipur, XIMB, GIM, IIM Nagpur, IIM Tiruchirappalli, IIM Shillong, NIT Tiruchirapalli, Prestige Institute of Management and Research and many others.
What is an MBA in General Management
An MBA in General Management is a postgraduate degree. It provides students with significant management skills and leadership abilities needed to lead a business successfully. The curriculum for the program combines various management subjects like finance, marketing, human resource management, business strategy and operations management to help the students tackle and navigate the leadership positions in different companies.
The management program teaches the students to work on the actual business problems and improve processes to create innovative ways to grow the business and ultimately lead the companies to success. After completing the degree students are eligible to apply for management positions and the evolving external environment within which they exist.
To facilitate the advanced analysis of companies, their management and the evolving external environment within which they exist. To prepare a person for and/or build a career in business and management by developing knowledge at the professional level or equivalent for taking up senior managerial and leadership roles in business. To create the capacity to transfer knowledge and comprehension of business and management to difficult problems, both systematically and imaginatively, to enhance business and management leadership and practice. To develop a lifelong learning and personal growth to be capable of working independently and innovatively and to make contributions to business and society as a whole.
Why is an MBA in General Management important to pursue
In the ever-evolving and ever-changing dynamic world and fast-paced business environment of today’s era an MBA in General Management represents a tremendous opportunity to evolve and mark a growth in the career. The companies are continuously expanding and thus the need for skilled professionals is rising day by day. The need for competent managers who can manage everyday operations while guiding an organisation toward long-term success is greater than ever.
General managers can solve issues of the company through strategic thinking to enhance management and create the company’s tremendous value. As organisations continue to expand, the need for competent managers who can manage everyday operations while guiding the company towards long-term success is greater than ever.
Some of the skills that are acquired through this degree are-
Versatility in skills- Different skills are acquired through this degree like problem-solving, strategic thinking, team and work management and time management. This degree enables the person to be well-equipped for any job and enables the individual to handle business challenges
Acquire business knowledge - This information provided through this degree will prove useful and will help one make good decisions to benefit their business.
Flexibility in the career: In the ever-changing world one’s ability to adapt is the only thing that can ensure that one survives and remains relevant. This is where a grip of management concepts will work magic in one’s favor. Possessing deep knowledge in key business activities will better enable one to engage in more differentiated and complex responsibilities within an organization. This agility will provide an advantage in the career advancement field.
Leadership Development: Leadership positions demand a mix of communication, strategy and decision-making skill sets. One will need to critically evaluate different situations and develop the most appropriate solution. An MBA in General Management will equip one for the same through real-life case studies and project work.
Entrepreneurial Ventures: The course enables one to acquire skills that can be utilized in their career journey whether one is interested in his/her own venture or innovation within an existing firm, Skills acquired through a General Management MBA can be extremely useful in entrepreneurial ventures.
Eligibility
The admission criteria for the MBA in General Management are discussed below:
Students should have a bachelor's degree in any subject. It must be from a recognized university with minimum 50% marks or equivalent CGPA for admission.
For students who belong to the reserved category ( OBC/SC/ST), a relaxation of 5% is offered from the mandatory minimum of 50%.
Students can apply for the program in their final year by submitting a no-objection certificate approved by the college principal.
Since graduation marks hold weightage, for top universities, a minimum score of 60% is mandatory.
Admission Process
The steps for admission to an MBA in General Management are as follows:-
Students must meet the admission criteria mentioned above.
Some colleges/ universities have criteria where a year of work experience is mandatory. Experience acts as a catalyst in grasping management studies. Individuals acquire skills that help improve their career advancement.
Students need to appear for entrance exams like CAT, XAT, CMAT, SNAP, GMAT and other private university-based examinations. Their scores must meet the necessary cut-offs of the colleges offering this program. The overall score is formed by class 10th and 12th marks, graduation marks, entrance exam score and interview performance. Depending on this score, admissions are provided.
The invited candidates must complete the online or offline admission form and attach all required papers, including Aadhar card number, proof of address, grade sheets 10 and 12 and graduation grade sheet.
After clearing the entrance exams needed by the respective universities, students appear for the group discussion round and the personal interview round. These rounds are conducted to assess students’ soft skills and problem-solving abilities.
The final selection in is based on the overall score, which is calculated by giving certain weightage to class 10th/12th marks, graduation marks, the entrance exam score and GD/PI performance and work experience.
Results of the entrance exam and interview performance determine admission into this MBA program.
Document verification by students before paying the costs is mandatory. Thereafter, they can enroll in the classes.
Subjects
An MBA in General Management is designed for a diverse audience. This program is designed for individuals coming from different backgrounds, experience levels and career goals. The program’s comprehensive curriculum makes it a smart choice for those seeking a broad understanding of business management. Some of the subjects like Management Principles, Managerial Ethics and Corporate Social Responsibility, Managerial Accounting and Business Analytics help the students to develop the abilities to handle and take care of the leadership and managerial roles.
Colleges with specializations in PGP/MBA General Management
Specialised MBA in General Management Colleges List
List of colleges in General Management - Other programs
Career Prospects
An MBA in General Management opens the door to various career opportunities in different sectors in different industries. This degree teaches students how to manage a business, lead teams and make smart decisions. After completing the degree in MBA one can apply for jobs in various sectors in different fields like marketing, finance, human resources and operations. Professionals may work as a manager, team leader, business analyst or consultant. Many people also use their MBAs to start their businesses. People can get help after completing the degree in launching their ventures or startups.
Employers in the industries/companies prefer hiring MBA graduates since they understand how to manage and take care of the issues. Professionals after completing a degree in general management can get huge promotions in their existing jobs. Professionals have a better chance of a salary hike in their professional careers. Professionals are most likely to get job opportunities in large companies or abroad.
All in all, an MBA in General Management provides professionals with the skills, expertise and network to advance their career. It's a worthwhile investment if one wishes to be a powerful leader and prosper in business. Whether one wishes to be employed by a company or establish their own, this degree can assist them in achieving their aspirations.
Future Scope
Graduates after completing the degree in MBA in General Management have a bright future scope. An MBA in General Management provides a broad perspective in various industries. This degree provides one with solid expertise in fields such as marketing, finance, human resources and operations. Due to this individual can perform various jobs like project manager, business consultant, marketing manager or HR manager. In the future, as companies keep expanding to enhance their growth there will be greater demand for individuals who can lead teams, manage resources and develop intelligent business plans. Employers seek MBA graduates who are problem-solvers and can assist the company in its growth.
With this degree, one can also advance to a top leadership position, such as director or CEO. If one desires a job in multinationals, this degree aids, since people learn international business skills as well. Students also have the choice of beginning a business of their own, and the MBA provides them with what they need to plan and administer it successfully. With technology progressing rapidly, business requires individuals who comprehend business, as well as innovation. General Management MBA guides you into the future for all this. It leads to numerous career choices and enables one to develop a robust, adaptable career. Regardless of which direction one takes, this degree ensures one’s success in the long run.
FAQs
An MBA in General Management is a postgraduate degree that provides students with essential management skills and other leadership qualities needed to head a successful and different aspect of the business.
Professionals may work as a manager, team leader, business analyst or consultant.
Some of the best colleges are - IIM Lucknow, IIFT Delhi, XLRI, IIM Raipur, XIMB, GIM, IIM Nagpur, IIM Tiruchirappalli.
Some of the skills which are needed for general management are problem-solving, strategic thinking, team and work management and time management.
Yes, a General Management degree can be a valuable investment, especially for those wishing to gain an overview of business principles and plenty of career choices. It equips one well for leadership positions and versatility in many industries, which usually brings better pay potential and a greater number of career opportunities.
Some of the subjects are Management Principles, Managerial Ethics and Corporate Social Responsibility, Managerial Accounting, Business Analytics, Organisational Behaviour, Human Resource Management , Information Systems Management, Indian Financial System & Financial Markets, Managerial Economics, Business Research Methods, Strategic Management, Performance Management Systems.
General Management and specialized MBA courses differ mainly in terms of their scope and job prospects. General MBA programs provide a wide-ranging foundation across different business disciplines and are appropriate for individuals requiring a variety of career options or those who have not yet finalized the choice of a sector. Specialized MBAs, by contrast, offer detailed knowledge and functional training in a defined discipline and are appropriate for individuals who have well-defined career goals in a specific sector or function.
Yes, it is possible to transition into general management without an MBA but the professionals must have relevant experience and skills and should have a strategic approach towards the business.
Every industry with a business whether a restaurant, retail store or technology company needs general managers to oversee operations.
Recent trends in general management include a significant and prime focus on digital transformation, remote and hybrid work management and the integration of sustainability practice.