The Master of Business Administration or MBA is a 2-year program for which the minimum qualification is that a student must be a graduate.
In this modern world, with the ever-growing business opportunities, there is a very large and substantial demand for people having MBAs to cater to various sectors of manufacturing and service organizations. Also, many budding entrepreneurs, who may not be professionally qualified, require to be professionally trained and qualified by doing an MBA to upgrade their qualifications and skills. In the post-globalization period, there is a huge requirement of manpower having an MBA degree to cater to the needs of manufacturing and service organizations.
The main objective of the MBA Programme is designed for students who aspire to be business leaders and managers of the future. The program aims to impart the necessary knowledge, skills, and self-confidence to assist in effective and successful management, within constantly changing and highly competitive national and international business environments.
MBA students can do specialization in the following areas
(2) Human Resource Management
(4) Information Technology
(5) International Business
(6) Operations Management
(7) Retail Management
The fees structure of various universities is varied, but Lovely Professional University distance MBA fees are very reasonable.
Fee Details of the MBA are as follows:
Program Fee 2 `11400 (per semester)
Examination Fee 3 ` 1250 (per semester)
Study Material Fee 4 ` 1000 (per semester)
The Program Fee for 1st semester will be payable at the time of admission. Fee for all other semesters (s) will be payable as per the schedule prescribed by the university before the start of the End Term Exam of the corresponding semester/ year.
The examination fee will be payable along with the program fee.
If a student wants to take printed Study Material, then he/ she is required to pay the Study Material fee separately at the time of receiving Study Material.
For 1st Sem., Demand Draft in favor of “LOVELY FACULTY OF DISTANCE EDUCATION”, payable at JALANDHAR. For subsequent semester(s), the student shall pay the program and examination fee online through an interface available on his/ her e-Connect account. Please DO NOT make payment in cash. The university will not assume liability for any payment made in cash at any place.
There are many good career prospects after doing an MBA course. Some of the main sectors are Sales and Marketing, Finance / Financial Management, Banking, Finance, Securities, Investment, Insurance, Operations Management, Forecasting, supervision, and purchasing, Inventory planning, and control, Operations scheduling and control, Process methods, and planning, Quality management, Warehouse management, Production planning, Risk Management, Rural Management, Hospitality and Tourism, Tourism Economics, Environmental Issues in Business, Managerial Leadership, Event Management, Hospitality Industry Management, Retail Management, Sales, Retail Management, Visual Merchandising, Supply Chain Distribution, Logistics and Warehouse Management, Marketing, Retail Buying and Merchandising, Knowledge Management, Microfinance, Operational Research, Management Consultancy, Hospital Management, Forest Management, Disaster Management, Leisure & Event Management, Sports Management, and Financial Services management.
The further study options available after doing MBA are an M.Phil. in Management and a Ph.D. in Management.