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The integrated MBA programme benefits aspiring entrepreneurs by helping them understand the intricacies of a business firm and its management. Live projects, case studies, and internship opportunities are part of the course curriculum. The programme also gives learners solid management expertise and a chance to explore various business fields. Students can develop managerial and leadership skills, which leads to holistic growth and expanding career opportunities.
Integrated-MBA Meaning
A regular MBA is a two-year management degree available in several modes such as full-time or part-time, MBA executive, MBA distance or MBA online. On the other hand, the Integrated MBA programme is a five-year management programme that combines undergraduate and postgraduate management courses.
The IPM (Integrated Programme in Management) integrated MBA programme is the most popular among 12th-grade students. It is available in several combinations to prepare candidates for managerial jobs and advance their careers in several fields. Here is a list of popular undergraduate and postgraduate course combinations:
- BBA MBA Integrated Course (Bachelor of Business Administration & Master of Business Administration)
- BBM + MBA (Bachelor of Business Management & Master of Business Administration)
- BMS + MBA (Bachelor of Management Studies & Master of Business Administration)
Integrated MBA Colleges in India
Numerous universities in India offer the MBA Integrated course. This course is available in a few variations at some universities, and the course fee varies depending on the college. The tuition fee for the integrated MBA includes all of the services provided to students by the respective institutes.
IIM Indore
- Course Name: IPM (Integrated Programme in Management)
- Average Tuition Fee: The cost is ₹15 lakh for the first three years. The course fees will remain the same as the MBA programme for the next two years, i.e., ₹20 lakhs.
IIM Jammu
- Course Name: IPM (Integrated Programme in Management)
- Average Tuition Fee: The tuition cost is almost ₹16.5 lakhs for the initial three years. The Integrated MBA course fee is the same as the MBA programme for the next two years, i.e., ₹15.5 lakhs.
IIM Rohtak
- Course Name: IPM (Integrated Programme in Management)
- Average Tuition Fee: The cost is ₹16 lakhs for the initial three years. The course fee for the next two years is ₹17.90 lakhs and may be subject to change.
IIM Ranchi
- Course Name: IPM (Integrated Programme in Management)
- Average Tuition Fee: The tuition fee ranges between ₹14 to ₹15 lakhs for the initial three years.
Xavier University
- Course Name: Integrated MBA in Sustainability Management
- Average Tuition Fee: The total cost for the programme is estimated to lie between ₹8.5 and ₹9 lakhs.
Narsee Monjee Institute of Management Studies
- Course Name: BBA MBA Integrated Course
- Average Tuition Fee: N/A
SRM Institute of Science and Technology
- Course Name: Integrated MBA
- Average Tuition Fee: The tuition fee for the integrated program is ₹1 lakh per year.
Nirma Institute of Management
- Course Name: BBA MBA Integrated Course
- Average Tuition Fee: The total BBA MBA integrated course fee at the Nirma Insitute of Management is ₹17.08 lakhs.
University Business School
- Course Name: BBA MBA Integrated Course
- Average Tuition Fee: The total BBA MBA integrated course fee at the University Business School is ₹22.12 lakhs.
Eligibility Criteria for Integrated MBA in India
- The candidate must pass their Class 12th exams to enrol in the integrated programme. Following that, they must pass the relevant entrance-based exams or achieve the merit scores required by the colleges. The institute creates a merit list based on academic profiles and entrance scores.
- Many colleges, including IIFT, IIM Ranchi, and Nirma University, accept IPMAT scores. It is an entrance exam for the 5-year Integrated Programme in Management at IIM Indore.
- JIPMAT determines admission to the Integrated MBA at IIM Jammu and IIM Bodh Gaya. The National Testing Agency (NTA) supervises the Joint Integrated Programme in Management Admission Test based on the Class 12th curriculum.
- NMIMS Mumbai admits students to their MBA integrated course based on their performance in the National Test for Programs After Twelfth Grade (NPAT).
BBA MBA Integrated Course - The Most Popular MBA Integrated Course
A BBA MBA integrated course lasts five years, with the first three years devoted to the bachelor course BBA and the last two to the core MBA. Along with business leadership qualities and business functionality, candidates will study various elective subjects, including French, Business History, Psychology, Sociology, etc., in their first three years of integrated studies.
After completing the BBA specialisation in India, the university awards students a BBA degree and allows them to select an MBA specialisation based on their future goals. Aside from the general MBA, BBA MBA Integrated Course Colleges provide specialisation options in marketing, finance, human resources, supply chain management, etc.
Benefits of an MBA Integrated Course
An institute designs and organises a five-year integrated MBA for 10+2 graduates who want to work in business administration or management. The course fosters managerial skills and knowledge of the students while keeping ethical considerations in mind.
- The MBA Integrated course eliminates the need for students to take a management entrance exam twice (at the UG and PG levels), saving the candidate a year of preparation time.
- Students who want to pursue an integrated MBA will have an advantage concerning the curriculum because there will be no repetition of courses or subjects.
- The management course equips students with the strategic tools and techniques required to improve the performance of a business.
- The course provides a solid foundation in psychology, management, law, and philosophy for the overall development of students.
- The integrated program complements the scope of BBA in India and expands the student opportunities for practical experience through summer internships and real-world projects.
Conclusion
Students who complete the MBA integrated course work in several fields depending on their specialisations, such as banking and finance, management consulting, insurance, data analytics, and advertising.
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