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MBA Tourism Administration is a 2-year postgraduate course dealing with the business aspect of the Tourism Industry. It involves the management activities such as studying tour destinations, planning the tour, making travel arrangements and providing accommodation.
MBA Tourism Administration develops different skills within a student to apply statistics for financial and insurance risk assessment. Candidates with the graduation degree are eligible to apply for this course; however, they should have a minimum aggregate percentage of 55%.
Admission in MBA Tourism Administration is done on the basis of entrance examinations like CAT/ XAT/ MAT/ CMAT/ GMAT/ NMAT etc. followed by a personal interview by the specialist to evaluate students.
MBA Tourism Administration average course fee ranges from INR 10,000/- to INR 2,00,000/- per annum for BA Tourism Administration. However graduates of this course can find jobs in banks, finance, and insurance sectors with an average package of 8-15 lakhs.
Major subjects included in the course curriculum of MBA Tourism Administration are Mathematics, Statistics, Business management, etc. After completing BA in Tourism Administration, the candidate can bag a job as Risk Analyst, Business Analyst, Actuarial Analytics, Insurance risk manager etc. At times, there are certain.
For further studies, an actuarial scientist can apply for PhD courses in Mathematics, Statistics, or Tourism Administration itself for a research-based approach on the subjects.
Checkout: Top Colleges offering MBA Tourism Administration
MBA Tourism Administration Course Highlights
| Course Level | Post-graduation |
| Full-Form | Masters of business administration in Tourism Administration |
| Duration | 2 years |
| Examination type | Semester Examination |
| Eligibility | Graduation in Mathematical Science, Computer Science, Commerce, Engineering from a recognized university with aggregate marks of 55% for general category. |
| Admission Process | Entrance Examination + Counseling |
| Course Fee | INR 10,000 to INR 2,00,000/- |
| Average Salary | INR 8,00,000 to INR 15,00,000/- |
| Top Recruiting Companies | Max Bupa Health Insurance, Bharati Shipyard Ltd., WNS, Towers Watson, PwC Actuarial Services India, Mercer |
| Job Positions | Actuarial Analysts, Risk Analysts, Business Analysts, etc. |
MBA Tourism Administration is quite popular nowadays and can be described in the following points
- MBA in Tourism Administration focuses on mathematics and statistics as the main subject with the specialization to assess insurance risk and financial assessment.
- With the course design in Mathematics, Statistics, Economics and Commerce as the major area, it lays a strong foundation for students to learn the techniques of the subject for practical applications.
- It develops conceptual skills related to all the aspects of traveling and tourism in students.
- The course deals with the real-life case studies and market analysis using the mathematics and statistical components with the amalgamation of qualitative analysis.
- MBA Tourism Administration graduates can work in Hotels, Hospitality Industry, International or national food chains, catering industry etc.
- Public speaking is one of the traits that students wanting to be in this profession need, and the course ensures to deliver this trait among the students throughout the MBA Tourism Administration course.
Why Study MBA Tourism Administration?
MBA Tourism Administration offers various perks for the students including a good package, interesting job profile, secured job, etc. Below are some points which make it worth choosing:-
- Popular: MBA Tourism Administration is constantly growing worldwide, and is rated as one of the top jobs globally.
- High Initial Package: The person with a Tourism Administration degree earns great initial packages which are doubled within five years of work experience.
- Diversified Career Options: You can work for an insurance sector or as a risk assessor or for a finance firm. Actuaries are also hired in a consultancy firm, government agencies, banks, accounting firms, and industrial corporations.
- Secured Job: The demand for actuaries is never diminished. The world is at risk or recession, actuaries have a very less chance of losing their job.
- Interesting career option: With the practical applications of mathematics and statistical tools in solving real-life problems and risk assessment, a career in Tourism Administration is an interesting one.
- Balanced Work Life: The actuaries job is a low-stress one with a high level of knowledge application.
What is the MBA Tourism Admission Process?
MBA Tourism Administration is a postgraduate course in which admissions are granted only on the basis of entrance examination and no merit-based admissions are possible. For applying in MBA Tourism Administration course, one needs to pass any central level examination like CAT/ XAT/ GMAT/ SAT/ NMAT, etc.
After passing the cut-off marks, candidates need to pass the interview round conducted by each college itself for getting admission in MBA Tourism Administration. Below are some steps which need to be followed for getting admission in MBA Tourism Administration:-
- Examination registration: Visit the official portal of central level examination and fill in all the details including name, email address, password, etc.
- Download Admit card: Once the admit card is released, download the admit card for examination.
- Appear for the examination: - On the entrance examination day, appear for the entrance examination. After passing the cut off marks, apply for the preferred college.
- Register: - Fill up the form by mentioning important details, entrance examination marks, and attaching the documents in the college registration form.
- Merit list: - As per the candidate's entrance examination marks, a merit list is formed by every college, and a cut off is decided for candidates.
- Counseling procedure: After getting qualified on the basis of entrance examination marks, the candidate needs to appear for a group discussion and personal interview round for the final selection.
Admissions are solely done on the basis of aggregate marks scored by the candidates in the entrance examination and counseling round.
What is the MBA Tourism Administration Eligibility Criteria?
Candidates passing the following eligibility criteria can register for admission in MBA Tourism Administration-
- Candidates should have a 10+2 examination certificate with aggregate marks of at least 85% from a recognized board.
-
The graduation of the candidate should be in the subjects of Mathematical Science, Physics, Engineering, Commerce, Computer Science etc.
- Candidates should have aggregate marks of 55% in the graduation degree.
What are the MBA Tourism Administration Entrance Examinations?
MBA Tourism Administration admissions are granted on the basis of the central level examinations like CAT/ XAT/ CMAT/ GMAT among many others. The examination question paper is divided into various sections with reading passage section; aptitude based reasoning sections, mathematical based questions, and even language evaluation.
Here is detailed information about the entrance examination which are applicable for MBA Tourism Administration:
| Entrance Exams | Application Date | Exam Date |
|---|---|---|
| CAT | August 3, 2022 – September 14, 2022 | November 27, 2022 |
| XAT | August 10, 2022 – December 12, 2022 | January 8, 2023 |
| SNAP | August 4, 2022 – November 24, 2022 | December 10, 2022 December 18, 2022 December 23, 2022 |
| CMAT | December 26, 2022 – February 25, 2023 | March 26, 2023 |
How to Prepare for MBA Tourism Administration Entrance Examinations?
All the entrance examinations which are being considered for admissions in MBA Tourism Administration are similar and follow an objective evaluation based upon the aptitude, reasoning, mathematics and language evaluation.
Here are certain tips and tricks which need to be taken care of while preparing for the entrance examination:-
- Know your capabilities and judge yourself as per the examination pattern followed for MBA Tourism Administration.
- Make your mathematics and statistics stronger with in-depth knowledge and regular practice.
- Practice passage-based questions, aptitude questions and reasoning based questions regularly for improving time management.
- Divide all the sections properly to complete the syllabus on time and study each topic thoroughly.
- Build a strong command on the data interpretation and language section with regular practice.
- Solve mock papers regularly and check your improvement to keep an update about the necessary topics which are required to be prepared.
How to get Admission in a Good MBA Tourism Administration College?
Below are some points which should be considered for getting admissions in a good MBA Actuarial college: -
- Prepare well for the entrance examination to get a good score for reserving a seat in a reputed MBA Tourism Administration college.
- Practice for the group discussion and interview round with fluency on language and knowledge base.
- The colleges need to be selected as per the preference. Know all the requisites of the desired college to get admission in that particular college.
- Keep your research thesis and work experience handy for scoring good marks in the collected entrance examination and counseling round.
- Do track the important dates like registration date and counseling date and follow them positively.
What is the MBA Tourism Administration Syllabus?
Here are some subjects which are taught for MBA Tourism Administration
| Semester I | Semester II |
|---|---|
| Holistic Education | Financial Mathematics – II |
| Financial Mathematics | Probability and Mathematical Statistics |
| Probability and Mathematical Statistics | Financial Economics – I |
| Managerial Economics | Corporate Finance and Financial Reporting - II |
| Corporate Finance and Financial Reporting | Life Insurance and Pensions |
| Financial Markets and Services | - |
| Semester III | Semester IV |
| Actuarial Modelling | Life Contingency – II |
| Pensions and Other Retirement Benefits | Health Insurance and Enterprise Risk Management |
| Life Contingencies | Actuarial Applications Using Excel and VBA Macros |
| Statistical Methods and Models | Research Methodology |
| Financial Economics – II | Actuarial Modelling – II |
What are the MBA Tourism Administration Important Books?
| Name of the Book | Author |
|---|---|
| Test of Mathematics at Ten Plus Two Level (TOMATO) | Indian Statistical Institute (ISI) |
| The theory of interest. Irwin McGraw Hill | Stephen G. Kellison |
| Fundamentals of Mathematical Statistics | S. C. Gupta and V. K. Kapoor |
| Macroeconomic Theory and Policy. | William H Branson |
| Mathematical Statistics | J.E.Freund |
Which are the Top MBA Tourism Administration Colleges?
Here are some of the top colleges which offer MBA Tourism Administration: -
| College Name | Admission Process | Average Annual Fees |
|---|---|---|
| Singhania University, Jhunjhunu | Merit Based | INR 42,000 |
| Pondicherry University | Entrance Exam | INR 74,718 |
| Adarsh Institute of Management and Information Technology | Entrance Exam | INR 5,00,000 |
| Institute of Business Management and Research | Entrance Exam | INR 1,15,000 |
| Integral University | Entrance Exam | INR 1,25,000 |
| Shoolini University | Entrance Exam | INR 2,32,000 |
| CMR University | Entrance Exam | INR 4,50,000 |
| Oriental University | Entrance Exam | INR 50,000 |
| Parul University | Entrance Exam | INR 90,000 |
| Jharkhand Rai University | Merit Based | INR 85,000 |
MBA Tourism Administration College Comparison
Following table compare the basic perspective in relation to different colleges offering MBA Tourism Administration
| Parameters | Pondicherry University | Integral University |
|---|---|---|
| Location | Pondicherry | Lucknow |
| Overview | Pondicherry University was established in 1985 as one of the top central universities. It has been ranked the university at 81st for the overall performance of the university in its 2021 rankings. | Integral University was established in 1998 as one of the top private institutes of Uttar Pradesh. It offers degree and doctoral programs in various disciplines such as Medicine, Business Administration, Computer Application, Pharmacy, etc. |
| Average Fee | INR 74,718 | INR 1,25,000 |
| Average Salary Package | INR 8.3 LPA | INR 7.45 LPA |
MBA Tourism Administration Vs. MBA Data Analytics: Which one to Choose?
Following table tells about the differences between two courses that are often confused with each other. Hence, the table differences between MBA Tourism Administration and MBA in Data Analytics
| Parameters | MBA Tourism Administration | MBA in Data Analytics |
|---|---|---|
| Qualification | Masters of Business Administration in Tourism Administration | Masters of Business Administration in Data Analytics |
| Course Overview | MBA Tourism Administration is a postgraduate course which deals with the mathematical and statistical skills for risk assessment and financial services. | MBA in Data Analytics is a postgraduate course that involves the data structure techniques to operate different sector services like banking, e-commerce, retail, finance etc. |
| Eligibility | Graduation | Graduation |
| Admission Process | Entrance examination + Personal Interview | Entrance examination + Personal Interview |
| Average Fee | INR 10,000 to INR 2,00,000 | INR 4,00,000 – INR 6,00,000 |
| Average Annual Salary | INR 8,00,000 to INR 15,00,000 | INR 2,00,000 to 5,80,000 |
| Top Job Profiles | Actuarial Analysts, Risk Analysts, Business Analysts, etc. | Data Analyst, Business Analyst, Data Scientist, Risk Analyst |
What are the MBA Tourism Administration Job Prospects and Career Options?
After pursuing MBA Tourism Administration, one has a lot of career options to choose from. It is new yet gaining popularity in India gradually. MBA Tourism Administration opens the door for a person to work in many hospitality sectors.
Below are some job positions which are bagged by a person pursuing MBA Tourism Administration:-
| Job | Job Description | Salary |
|---|---|---|
| Travel Agent | He or She is a person whose job it is to arrange travel for end clients on behalf of suppliers (hotels, airlines, car rentals, cruise lines, railways, travel insurance, package tours). | INR 5 LPA |
| Hotel Tour Manager | They are responsible for organizing, planning and conducting long distance expeditions, travel, and tours for groups or individuals. | INR 6.4 LPA |
| Tour Guide | He or She is a person who provides assistance, information on cultural, historical and contemporary heritage to people on organized sightseeing | INR 4.5 LPA |
| Visa Executive | They handle all the visa-related issues for traveling to abroad countries for customers. | INR 7 LPA |
| Travel Consultant | They assist persons interested in taking vacations, business trips or any type of visits to a different destination | INR 5.8 LPA |
| Tour Manager | They are responsible for making sure that travel arrangements for groups of holidaymakers run as smoothly and enjoyably as possible. | INR 7.2 LPA |
What is the MBA Tourism Administration Future Scope?
Some of the future prospects available after completing the course of MBA Tourism Administration are:-
- MBA Tourism Administration graduates can move abroad to guide people on contractual basis and work as a freelance tour guide.
- Students who want to pursue further studies can opt for PhD in the same field. A PhD in the same course will brush up the knowledge of a student and will develop a more research thinking.
- After MBA Tourism Administration, students can also work as a lecturer or assistant professor in any academic institute or educational hubs offering such courses.
MBA Tourism Administration FAQs
Ques. Can a commerce student do Tourism Administration?
Ques. What is the salary of an actuary in India?
Ques. What type of mathematics does MBA Tourism Administration involve?
Ques. What is the demand of students after completing MBA (Tourism Administration)?
Ques. What are Tourism Administration entrance exams composed of?
Ques. How to prepare for the entrance exam of MBA (Tourism Administration)?
Ques. In which sectors a person with MBA Tourism Administration can work?
Ques. Is it compulsory to have a commerce background to study MBA (Tourism Administration)?
Ques. What is the fee in MBA Tourism Administration?
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