MBA: The Why, The Whats & The Hows

MBA in General Management: Fees, Admission, Scope & Salary

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Tumul Buch
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An MBA in General Management emphasises the integration of core business functions, strategic decision-making, and cross-functional management. It prepares you for leadership roles by covering crucial topics like operations, finance, marketing, and organisational behaviour. 

This blog will help you discover top business schools offering an MBA in General Management, understand application requirements, and gain insights to enhance your study-abroad process.

Key Highlights:

  • Top universities for an MBA in General Management include Harvard Business School, Stanford Graduate School of Business, Wharton School of Business, and IIM Calcutta.
  • The cost of studying for an MBA in General Management ranges from INR 3.75 Lakhs to INR 96 Lakhs in India and abroad respectively.
  • After an MBA in General Management, you can expect a salary of INR 52.5 Lakhs to INR 1.2 cr per annum.

Table of Contents:

Why Pursue an MBA in General Management?

Pursuing an MBA in General Management boosts your career. It helps you train for leadership roles across the world. An MBA in General Management teaches you decision-making, strategic thinking, and team management. 

A few reasons why you should consider an MBA in General Management:

  • Comprehensive Curriculum: An MBA in General Management covers key areas such as finance, marketing, and operations, essential for your career opportunities.
  • Leadership Skills: It equips you with skills to lead effectively within diverse teams and organisations.
  • Practical Learning: An MBA in General Management trains you with case studies and group projects, teaching you how to tackle real-world problems and gain different perspectives.
  • Networking Opportunities: It helps you connect and network with classmates and industry professionals from across the world, fostering valuable relationships that can lead to job opportunities.
  • Career Advancement: It enhances your potential for career growth.

Top Business Schools for MBA in General Management Abroad

Top business schools for an MBA in General Management include Harvard Business School, Wharton, Columbia, MIT Sloan, and Stanford. These programs focus on essential skills like leadership, finance, and strategy, using case studies and practical projects to prepare.

Let’s have a look at some of the top Business Schools for MBA in General Management:

University

QS World University Rankings 2025

Annual Annual Fees

London Business School 

03

INR 85.70 Lakhs

Harvard Business School

04

INR 62.60 Lakhs

Stanford Graduate School of Business

06

INR 66.70 Lakhs

INSEAD

09

INR 96.50 Lakhs

MIT Sloan

10

INR 72.30 Lakhs

University of Pennsylvania

11

INR 70.90 Lakhs

University of Chicago

14

INR 70 Lakhs

Northwestern University

27

INR 69.90 Lakhs

Haas School of Business, UC Berkeley

31

INR 71.60 Lakhs

Columbia Business School

34

INR 73.80 Lakhs

Ready to kickstart your MBA in General Management journey? Explore Yocket Premium for personalised 1-on-1 guidance on its eligibility criteria, admissions processes, and career opportunities, suited to YOUR profile! 

Top Indian Business Schools for MBA in General Management

India offers multiple top-tier business schools offering an MBA in General Management, like IIM AB and C, to help you achieve your career goals. 

Below is a table showcasing some of the top Indian business schools for an MBA in General Management, along with their rankings and estimated fees in lakhs.

University Name

2025 Rankings

Annual Fees

Jamnalal Bajaj Institute of Management Studies, Mumbai

10

9 Lakhs 

Indian Institute of Management Ahmedabad

22

25 Lakhs

Indian Institute of Management Bangalore

32

24.50 Lakhs

Indian Institute of Management Calcutta

50

27 Lakhs 

Indian Business School Hyderabad

78

24.6 Lakhs

Indian Institute of Management Kozhikode

151

20.50 Lakhs

Indian Institute of Management, Lucknow

200

20.70 Lakhs

Narsee Monjee Institute of Management Studies, Mumbai  

258

6 - 24 Lakhs

Faculty of Management Studies, Delhi 

328

2 Lakhs

XLRI Jamshedpur

351

28.60 Lakhs

Eligibility Criteria for an MBA in General Management

To be eligible for an MBA in General Management, you typically need a bachelor's degree from an accredited institution, a competitive GMAT or GRE score, relevant work experience (usually 2-5 years), strong letters of recommendation, and a personal statement outlining career goals and motivations for pursuing the degree.

Eligibility Criteria

India

Abroad

Educational Background

A bachelor's degree from a recognised university in business or related fields is preferred, but an unrelated field is also allowed

Bachelor's degree from a recognised university in business, economics or related domain

Work Experience

3 to 5 years of relevant work experience, but not mandatory

5+ years of relevant work experience

Entrance Exam Scores

CAT scores are the most popular, but in-house exams are also accepted by XAT, SNAP, and others

GMAT or GRE scores are typically required; some programs may consider alternative assessments.

English Language 

Not required

International applicants must show English proficiency via TOEFL, IELTS, or similar exams, depending on the university's requirements.

Suggested: MBA in Digital Marketing Abroad

Cost of Studying for an MBA in General Management in India & Abroad

The financial investment needed for an MBA in General Management can vary widely depending on the country and institution you choose. Besides tuition fees, it's essential to consider additional costs such as books, materials, and administrative fees. Here’s an overview of the typical cost ranges for an MBA in General Management across various countries.

Abroad

While studying for an MBA in General Management, it's important to factor in the cost of living along with tuition fees. Living expenses such as housing, meals, transportation, and healthcare can significantly influence your overall budget. Here’s a look at the typical living costs for MBA students in different countries, giving you a clearer picture of what to expect as you plan your studies abroad. 

Let us now discuss the cost of living in these countries:

Expense Category

Average Monthly Cost (INR)

Tuition Fees

20 Lakhs - 60 Lakhs per year

Accommodation

50,000 - 1.5 Lakhs

Food

15,000 - 30,000

Mobile Phone & Internet

1,500 - 5,000

Utilities (Electricity, Water)

5,000 - 10,000

Transportation (Local Travel)

5,000 - 15,000

Study Materials (Books, etc.)

3,000 - 10,000

Miscellaneous (Personal, Leisure)

5,000 - 15,000

India

The cost of studying for an MBA in General Management in India can range from around ₹10 lakhs to ₹36 lakhs, depending on the institution you choose. Besides tuition fees, you'll also need to budget for additional expenses like books, accommodation, and living costs. While this investment may seem high, many graduates find that it leads to better job opportunities and higher salaries in the long run.

Let’s take a brief look at the cost of living in India:

Expense Category

Average Monthly Cost (INR)

Tuition Fees

10 Lakhs - 36 Lakhs

Accommodation

10,000 - 25,000

Food

5,000 - 10,000

Mobile Phone & Internet

500 - 1,500

Utilities (Electricity, Water)

2,000 - 5,000

Transportation (Local Travel)

1,000 - 3,000

Study Materials (Books, etc.)

1,000 - 2,000

Miscellaneous (Personal, Leisure)

2,000 - 5,000

Suggested: Cost of MBA Abroad

Subjects Covered in MBA in General Management

When pursuing an MBA in General Management, you will learn diverse subjects designed to equip you with the skills and knowledge needed for effective leadership in the business world. Here are some key subjects you can expect to study:

  1. Financial Management: Here, you'll gain insights into managing an organisation’s finances, including budgeting, investment analysis, and financial planning. This knowledge is essential for making informed decisions that affect the company's bottom line.
  2. Strategic Management: This subject focuses on formulating and implementing strategies that align with an organisation's goals. You’ll learn to analyse competitive environments and make decisions that drive long-term success.
  3. Marketing Management: This subject covers the principles of marketing, including market research, consumer behaviour, and branding strategies. You’ll learn how to create effective marketing campaigns that resonate with your target audience.
  4. Operations Management: You will explore the processes involved in producing goods and services efficiently. This course emphasises supply chain management, quality control, and process optimisation, all critical for ensuring operational excellence.
  5. Organisational Behaviour: Understanding how individuals and groups behave within organisations is crucial. This course explores motivation, team dynamics, and leadership styles, helping you develop skills to manage and inspire your team.
  6. Human Resource Management: This subject delves into the strategies for managing an organisation's workforce. You’ll learn about recruitment, performance management, and employee relations, all vital for building a strong organisational culture.
  7. Business Ethics and Corporate Governance: In today’s business environment, understanding ethical practices and governance is essential. This course will guide you through ethical decision-making and the importance of corporate responsibility.
  8. Entrepreneurship: This subject encourages innovation and creativity, equipping you with the tools to start your venture or drive change within an existing organisation. You'll study business models, funding strategies, and risk management.

By engaging with these subjects, you’ll develop a comprehensive skill set that prepares you to tackle the challenges of modern business and lead effectively in various organisational contexts.

Suggested: General MBA vs. Specialised MBA

Types of MBA in General Management Courses

MBA programs in General Management provide foundational knowledge across all business functions, focusing on leadership, strategy, and decision-making. These programs offer various specialisations, such as the Executive MBA, Full-time MBA, and Part-time MBA, catering to different career stages and goals in management.

  • Full-Time MBA: A full-time MBA in General Management offers a rich curriculum and networking opportunities.
  • Part-Time MBA: Perfect for balancing work and study, a part-time MBA in General Management allows you to take classes on evenings or weekends, giving you flexibility.
  • Online MBA: With an online, distance MBA, you can complete coursework digitally and connect with classmates and instructors.
  • Executive MBA (EMBA): Designed for professionals with 10+ years of experience, an EMBA focuses on advanced topics and leadership.
  • Specialised Programs: Some schools offer niche options within Operations Management, such as Sustainable Operations or Digital Supply Chain Management.

Entrance Exams for MBA in General Management in India vs Abroad

When considering an MBA in General Management, you’ll need to prepare for entrance exams that assess your readiness for graduate-level business education. These exams vary by region, with specific tests recognised in India and internationally. Below is a table summarising the key entrance exams for MBA in General Management, highlighting both Indian and international options.

Entrance Exams

MBA in General Management in India

MBA in General Management Abroad

GMAT

Recognized by numerous leading B-schools in India.

Highly valued by a majority of international business schools.

GRE

Sometimes accepted as a GMAT alternative by certain institutions.

Often accepted in place of the GMAT at many global universities.

CAT

Main exam for admission into most Indian MBA programs.

Not applicable for international programs.

Institution-Specific Tests

Some universities require their entrance exams.

Some schools may have unique assessments or additional requirements.

Suggested: Exams & Eligibiliy for MBA Abroad

Skills Developed in an MBA in General Management

With an MBA in Operations Management, you'll develop skills in process optimization, supply chain management, project management, data analysis, and quality control. You'll also enhance your problem-solving abilities, improve efficiency, and learn to manage resources effectively to drive organisational success.

  • Problem-Solving: You'll learn to break down complex problems into simpler parts.
  • Smart Decision-Making: You'll become better at making decisions that consider both short-term and long-term effects.
  • Time Management: You'll get better at managing your time and handling pressure.
  • Networking Skills: You'll improve your ability to connect with others and build a helpful professional network.
  • Communication: You'll learn how to communicate effectively with people at all levels in a business.
  • Adaptability: You'll develop the ability to adjust to new situations while still performing well.
  • Critical Thinking: You'll become skilled at finding practical solutions to problems.

Jobs and Salary after an MBA in General Management

The average salary after an MBA in General Management can range from INR 10 to INR 30 lakhs in India, and around INR 80 lakhs abroad. Graduates can pursue roles such as General Manager, Operations Manager, and Management Consultant.

Salaries for these positions vary by country, industry, and experience level, but they typically offer strong earning potential and career advancement. 

Here’s an overview of potential job roles and their average salaries after completing an MBA in General Management:

Job Roles

Average Salary (USD)

Average Salary (INR)

General Manager

$100,000 - $180,000

  INR 15 Lakhs - 30 Lakhs 

Management Consultant

$90,000 - $150,000

INR 12 Lakhs - 25 Lakhs

Operations Manager

$70,000 - $120,000

INR 8 Lakhs - 15 Lakhs

Business Development Manager

$70,000 - $130,000

INR 8 Lakhs - 16 Lakhs 

Project Manager

$80,000 - $140,000

INR 10 Lakhs - 20 Lakhs 

From the Desk of Yocket

Exploring an MBA in General Management can enhance your skills in leadership, strategic thinking, and operational efficiency. Programs at renowned institutions like Harvard Business School and INSEAD offer valuable insights and practical experience, opening doors to various industries.

Schedule a FREE consultation consultation call with Yocket experts to make informed decisions about your MBA journey. They'll provide personalised guidance, support you through the application process, and help you find a program aligned with your career goals. Reach out to Yocket today to take the first step towards success!

Frequently Asked Questions on MBA in General Management

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What are the admission requirements for an MBA in General Management abroad?

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How much does it cost to study for an MBA in General Management abroad?

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