The MBA in General Management (also known as the general MBA program) is designed for people who want to gain a comprehensive but in-depth understanding of business topics. The courses include leadership, finance, marketing, operations, strategic management, accounting, business ethics, and leadership. The strategy MBA prepares students for roles in general management, strategic finance, and strategic consulting. It prepares individuals for management and leadership roles.
In the first year, the main focus of the course is to introduce students to general and fundamental aspects of management, and in the second year, students are given the option to choose their electives. It is needed for a strong foundation in all critical functional areas. It provides with a throughout knowledge of business and experience of it. It also provides business expertise in all fields. It is better than any other specialized MBA because it gives time within the course where a person can decide which MBA specialization is better for him.
In the first year, while studying for the same, they can choose the specialization they want to pursue in the second year. And also, a general MBA will work in all sectors or domains, while a specialized one will only work in that particular sector. This course is available full-time as well as part-time in an online mode. Various universities are providing online MBA in general management courses. A working person can also pursue it for having a tag of post graduate and a good reputation in society. Some also seek better knowledge. One can even pursue Mba from respected Universities worldwide in the comfort of their home and without leaving their own country.
BEST FOR WHOM
•MBA in general management is a good option for those with at least some work experience in management.
•Those individuals who wish to work in management but don’t have any particular industry in mind.
•For those who are switching fields, for instance, someone from a science background who wants to change career options, then the general is no doubt better than specialized because it provides all the basic knowledge for growing in the management field.
•For those having a start-up idea in mind can learn about various tools of management
•online degree in MBA in general management is beneficial for those who are working and have less time or can not have any study leave.
A degree in GM MBA can help an individual fetch a good position in the industry; they can also be a problem analyst and solver. A degree provides the core expertise of a general manager, which is essential.
MBA in General Management Course Duration
The total period is of two years. The first year of the course is for introducing all the basics of management and strengthening the students’ minds to think as a leader and also decide which domain in management interests them. In the second year of the MBA, they are given the option to select an elective. Elective provides a little specialization to the course but is general overall.
Subjects of MBA in General Management
Mentioned below is the subject study in the MBA in general management course that you must study for two years.
Principles of Management- This course gives an overview of management’s evolution. This course examines the management functions of leading, planning, leading, controlling, and organizing and how they impact business organizations.
Financial Management- Financial planning involves understanding your cash flow, your financial goals, and planning for the future. Financial management can help you make better financial choices and manage risk in situations like emergencies and investments.
Business Environment- This refers to all factors outside of commercial firms or industries that have an impact on their business and operations. These are all the things covered in the business environment.
Human Resource Management–This field can be considered a multidisciplinary field. This subject includes studies in management, psychology, communication, economics, and sociology. It also focuses on team spirit and teamwork and it is a continuous process.
Marketing Research-It involves the systematic collection, recording, analysis, and analysis of qualitative and quantitative information about marketing products and services. It is designed to assess the impact of marketing elements on customer behavior and identify and evaluate how they change.
Communication skills- Communication skills incorporate listening, speaking, watching, empathizing, and observing. Understanding the differences between how people communicate via face-to-face interactions and phone conversations as well as digital communications such as email and social media is helpful.
Leadership skills-Leadership skills refer to the abilities and strengths that individuals have that allow them to oversee processes, direct initiatives, and guide their employees towards achieving their goals.
Business law-The Business Law specialization covers all aspects of running a business, including copyright, contractual, workplace safety regulations and financial laws, taxation, IPR, and many more.
This field of study is Customer Relations Management-Customer Relationship Management. This program gives management students the skills and tools to improve and cultivate relationships with clients.
Computer Application- The subject of computer application involves Introduction to Computers, Principles of Programming, Computer graphics, Word processing and spreadsheet, Programming language database, Computer graphics, System Analysis and Design. it also involves C++ programming language, Project Management, Management Information Systems, Financial Accounting systems, and Unix Operating systems.
Operations Management- This includes everything that transforms raw materials into products or services. This includes designing manufacturing systems, training of the employee, and facilities planning. It also includes supply chain management, inventory management, and product design. Quality control is another area.
Organizational Behavior- This subject is the study of both group and individual performance and activity inside a company. This study examines human behavior within a workplace and its effects on communication, motivation, leadership, job structure, performance, and other aspects.
Economics- Economics studies the effects of scarcity on the production of goods, services, and the welfare of individuals. It also examines the complex issues that are vital to society.
Business Fundamentals – These are the fundamental skills and concepts required to manage an organization. Understanding how businesses work will give you a better understanding of how they relate to each other and how your decisions affect the entire organization.
Retail Management- An elective course in marketing, Introduction to Retail Management. This course will provide understudies with a summary of retail industry concepts and procedures. They will also learn about the areas of retail management responsibility.
International Business development- This subject focuses on key business disciplines inside an international context. International Business Administration covers the basics of finance, marketing, and supply chain management. It also covers operations.
Accounting Basics-Basic accounting records financial transactions for a company. This involves the analysis, summarizing, reporting, and reporting of these transactions to regulators, oversight agents, and tax collection agencies.
The subjects are designed in such a way that it provides all the basics and core knowledge of the field; any student mastering these subjects can master the field as well. The course curriculum is not much hard for those having at least a little knowledge about subjects; however, students from other fields who switched to MBA may find it a little harder.
LEVEL- Medium to hard
the fee structure is completely different in each University, and each college also varies from private to government institutions can go from as low as 20 thousand for the whole course to 40 lacs full course fee.
Eligibility To Opt For MBA in General Management
There are certain requirements that students opting for a GM MBA degree must keep in mind.
• Students should have passed their 10th and 12th from any recognized board (CBSE, ICSE, or any State board)
•A basic(bachelors) graduate degree in any field is required (however, it may vary from college to college, some colleges only prefer students from commerce backgrounds)
•Students should appear for both entrance exams as well as interviews conducted by B-schools and colleges
•Minimum 50% marks scored in 12th
•A minimum of 55% in undergraduate degrees required
•Score in entrance exams fluctuates every year, A percentile of 95-99% can fetch you a seat in one of the best B-schools.
Entrance Exams Needed
Various entrance exams are required for admission to MBA in general management program. National level exams like CAT, GMAT, and university level exams like LPUNEST and many other university-level tests are followed by counseling or interview. A student can also get a good scholarship if they score high marks on these eligibility tests.
What is the Career Prospect of an MBA in General Management?
How is a degree in MBA in general management beneficial?
After completion of the program, the person is more confident and skillful than before, with the knowledge and mindset to become a leader. They have all the good traits of a leader and the experience required for working in the field. It even teaches the general personality traits and critical situation handling behavior. Overall, character development is also a part of this course. The degree is oriented to shape the mind of students for working in a better future-oriented career and is possibly one of the best courses for confidence-boosting. It gets you a sense of management in finance, marketing, human resources, etc. And it also prepares you for senior executive and chief executive officer of a firm.
A degree in MBA in general management can fetch you a job in each field, be it an automobile, sales, food, or any other industry because every area requires a general manager. One can even enter the teaching field with this degree and can look for a start-up also, there is the limitless opportunity, and only the sky is the limit. A person can apply on his/her own for a job in various fields; even colleges can provide placements in big MNCs and large firms. Each year big recruiters visit colleges for their placements; some top recruiters are mentioned below.
Hector and stream Consulting Pvt. Ltd.
The average salary for MBA in General Manager
|Retail general manager||Rs.4-5 Lac pa|
|Restaurant general manager||Rs. 3-4 Lac pa|
|Hospitality general manager||Rs. 2.5-3 Lac pa|
|Automotive general manager||Rs.2-2.5 lac pa|
Top Colleges for MBA in General Management
These are the most prestigious institutes for MBA in general management. However, there are many more institutes, and the best for individuals can vary depending upon various factors such as fee structure, relative closeness, campus, environment, fee structure, and placements.
How to fill out the admission form for MBA in General Management?
To fill-up the form for admission in the MBA in general management, first of all, one needs to appear for competitive exams or entrance exams for various universities after filling out the application form of various private universities from their official sites. Or suppose the student is appearing for the national level test, then after qualifying and shortlisting. In that case, they must fill out the application form on time before appearing for the interview or counseling.
Fees to study for MBA in General Management
Private institutes- 20,000- 40 lakhs for two year
COMPETITIVE EXAMS NEEDED-
•CAT- CAT is a computer-based test for admission to MBA or management graduate programs. The test consists of three sections which incorporate Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability. The fees for form filling of the test are Rs.2200 for the general category and 1100 for sc/st. Every year around 2.5 lakhs of students fills this test to secure a seat in the best IIM and B-shools of India. Common Admission Test is conducted across different IIMs. Students willing to study in prestigious institutes must pass this entrance exam.
Books for CAT preparation
For VARC Section
1. Word Power Made Easy- Norman Lewis
2. How to Prepare for Verbal Ability Reading Comprehension for the CAT- Arun & Meenakshi
3. Mastering the Verbal Ability for CAT- Ajay Singh
PSC for VA for CAT
High School English Grammar
Wren and Martin
Past Years’ CAT Questions
A Modern Approach to Verbal & Non-Verbal Reasoning
9th and 10th Grammar Books
1. For DILR Section
How to Prepare for Data Interpretation for CAT – Arun Sharma
2. Logical Reasoning and Data Interpretation for CAT – Nishit Sinha
3. Past year CAT papers
4. Other books
A Modern Approach to Logical Reasoning
Data Interpretation & Logical Reasoning
Logical Reasoning and Data Interpretation for For QA section
1. How to prepare for Quantitative Aptitude for the CAT by Arun Sharma
2. Quantitative Aptitude for the CAT – Nishit Sinha
3. Quantitative Aptitude for the CAT – Sarvesh Verma
Quantitative Aptitude For Competitive Examinations
Verbal Ability & Reading Comprehension
Quantitative Aptitude for All Competitive Examinations
Students should follow some youtube channels for CAT preparation and be up to date about entrance exam dates.
Top youtube channels for MBA preparation
2.2IIM CAT Preparation
3. Unacademy CAT
4. Cracku – MBA CAT Preparation
5. CAT Funda
6. Cat king.in
7. Gradeup: cat preparation
9. Bodhee prep cat preparation
11. Anastasis Shankar
14. Self-pace aptitude
16. Handa k funda
19. Feel free to learn
20. Elites grid
•GMAT- Graduate Management Aptitude Test evaluates the various skills of students. The exam results provide an overall analysis of the student’s capability in the field. GMAT Test (Graduate Management Admission) is a computer-based exam that assesses students’ writing, analytical, quantitative, and reading skills in English written English. It’s used to determine whether a student is eligible for a graduate management program, such as an MBA program. The test lasts 3 hours and 7 seconds. Every year around two lakhs aspirants appear for the test, and only 6% score 700 or more.
•ATMA- The AIMS Test for Management Admissions, also known as the ATMA Test, is a national-level exam administered by the Association of Indian Management Schools. It can be used to apply for admissions to MBA, PGDM, and MCA courses. There are more than 750 management schools in India that accept ATMA scores to admit students to their management programs. This exam is comparatively easier than the CAT exam and is held multiple times in the year; hence students need to worry less about this exam it is conducted to provide admission for students opting/looking for MBA/Post graduate diploma in the management program. The exam is compulsory and essential for those who are not appearing for other exams mentioned above
•XAT- the Xavier School of Management is a prestigious institute that conducts its own entrance exam. This exam is highly competitive. The scoring system of +1 for every correct answer and -0.25 marks for negative marking makes it difficult to score above 35-40 marks. You will need to pay a 1700 exam fee and choose two of your favorite cities from the 72 cities. The overall XAT 2022 cutoff was 93 percentile in male candidates and 90 percentile in female candidates.
*MAT- All India Management Association. Admission to various MBA programs depends on the scores at exams. The All India Management Association has conducted the Management Aptitude Test since 1998. The MAT is used to gain admission into Master of Business Administration programs at over 600 business schools in India. The test takes 150 minutes. The MAT exam is open to graduates of any discipline. Candidates in their final year can also apply. This means that candidates can apply for the MAT exam if they have a recognized bachelor’s degree with at least three years of relevant experience in any discipline.
FAQs for MBA in General Management
1)Question: is a commerce background needed to pursue a degree MBA in general management?
Answer-No, not a necessary thing. You can take up a career in general management without a background in the commerce field. Even while pursuing your postgraduate, you need not have a degree in commerce. An experience will no doubt help you a lot more, though. You will have a better knowledge if you know the subject. It is not compulsory to be a commerce student to acquire this MBA field. Students from any field can pursue a degree in MBA in general management.
2.)Question: Is there anything like general management in bachelor’s?
Ans.-No such option is available presently. You will first have to complete a degree in any related field (or even other areas are accepted) for your under graduation. When you do your master’s and doctorate, you can opt for MBA in general management as your specialization there.
3.)Question: What role can I expect as a general manager?
Ans.-As a general manager, you have to analyze the team’s work team and bring the best of that. You are needed to help the financial management, make policies for your organization, and supervise the work of business in your firm. You are expected to become a leader who guides, not a boss who demands
4.)Question: By pursuing a course MBA in general management, which fields are open for working for me
Ans.-Every field requires a general manager. Every company needs a manager for work anal, assistance to workers, and someone to look after all. All companies must appoint general managers from the food sector to automobiles. You can look for your own company startup also.