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Full Form: MBA, PGDM, BBA, BMS, PGPM, PGPX, FPM, MHRM, IMBA, PGPBA, EPGP

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Sounak Banerjee

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MBA Full Form is Master of Business Administration. MBA Course is a 2 year duration masters course in management. MBA course is available in various specializations such as MBA Hr, MBA Finance, MBA Marketing etc. PGDM is equivalent to MBA when the college is certified by AICTE. PGPM is also equivalent to MBA and is provided by IIMs in India. PGPM Full Form is Post Graduate Programme in Management. Types of MBA include Distance MBA, Online MBA, and Executive MBA.

PGPX denotes Executive MBA and EPGP is also an executive course on Management. PGPX and EPGP are for students who have worked more than 5 years in the industry. Various masters courses are similar to MBA courses. MBE Full Form is Master of Business Education. MBI Full Form is Master of Business Informatics. MBS Full Form is Master of Business Studies. MMIS Full Form is Master of Management Information Systems. BBA and BMS are both undergraduate courses on management and are very similar in terms of the syllabus. BBA Full Form is Bachelor of Business Administration.  

Courses Full Form
MBA Full Form Master of Business Administration
PGDM Full Form Post Graduate Diploma in Management
BBA Full Form Bachelor of Business Administration
BMS Full Form Bachelor of Management Studies
PGPM Full Form Post Graduate Programme in Management
PGPX Full Form Executive Graduate Management Program
FPM Full Form Fellowship Program in Management
MHRM Full Form Master of Human Resource Management
IMBA Full Form International Master's Degree in Business Administration
PGPBA Full Form Post Graduate Program in Business Analytics
EPGP Full Form Executive Graduate Program in Management

MBA Full Form

MBA stands for Master of Business Administration. M.B.A. is an internationally recognized degree program that provides students with the skills an individual need to pursue business and management careers. In addition to providing comprehensive business training, MBA courses provide a platform to develop leadership skills, build professional networks and earn a six-digit salary.

MBA Admission takes place through Entrance Exam for MBA such as CAT, GRE, GMAT, XAT, NMAT, CMAT SNAP, and IIFT. MBA Syllabus includes subjects such as Accounting and Financial Management, Systems and Processes, Auditing, Corporate Finance, Business and Corporation Law, Change Management, Leadership and Entrepreneurship, International Marketing, Accounting, Sustainability Management, and other related subjects.

The MBA Eligibility criteria vary by MBA university in India and depend on the type of MBA program selected. However, some of the general MBA Qualification for all types of MBA programs include:

  • Applicants must have completed a bachelor's degree or be in the last year of a bachelor's degree in a minimum 3-year period.
  • Applicants must achieve at least 50% of the total marks for all bachelor's degrees. (60% for IIM).
  • Candidates must achieve a minimum score of 60% on the Recognized Council of India's 12th-grade postgraduate exam.
  • Applicants must pass the MBA entrance exam required by the MBA colleges.

A Master of Business Administration prepares you for work in various industries and fields. A typical Master of Business Administration includes the following job positions. After MBA, the initial package in India is around INR 7-30 LPA which rises with experience. Some of the job roles after completing MBA are Management Consultant, H.R. Manager, Investment Banker, Management Analyst, Marketing Manager, Operations Manager, Financial Advisor, I.T. Manager, and Finance Manager.

PGDM Full Form

A PGDM stands for Post Graduate Diploma in Management. AICTE-accredited schools are the only ones that offer PGDM courses. PGDM is equivalent to a Master of Business Administration when the college is approved by AICTE.  

PGDM is a popular choice for emerging entrepreneurs and business leaders. PGDM is a multidisciplinary course that will prepare students for work in management profiles in multiple industries of business processes.

However, it is worth noting that companies do not generally distinguish between MBA and PGDM. Both courses provide job positions in the same management positions.

PGDM's Top Colleges are IIM Ahemdabad, Xavier University, Symbiosis International University etc. PGDM Admission takes place through MBA entrance Exams such as CAT, MAT etc

PGDM Jobs roles are available in the Finance sector, Production sector, Retail sector, Private business sector, Health care sector, Nonprofits sector, and Government sector and the average salary ranges between INR 7 Lakhs and 25 Lakhs in the initial stages.

Top PGDM Colleges in India are:

  • MICA-School of Ideas
  • TAPMI
  • FORE School of Management
  • IMT Ghaziabad
  • Goa Institute of Management

BBA Full Form

The abbreviation BBA refers to Bachelor in Business Administration. BBA course is an undergraduate course dealing with the basics of business management and administration. BBA is the bachelor's degree course of Master of Business Administration. 

BBA Eligibility criteria for BBA Admission is that students after successfully passing 12th grade from any stream. BBA courses provide information and management and leadership skills training to prepare you for administrative and business roles.

BBA program has entrance qualification criteria that need to be met. The criteria are that students must pass a 10+2 exam or equivalent by an accredited board or school. Some colleges consider it based on a 50% score on the qualifying exam. In addition, you must be between 17 and 25 years of age.

BBA Jobs provides salaries that range between INR 3 Lakhs to INR 5 Lakhs. The job roles after completing BBA are Marketing & Sales, Real Estate Business, Finance Manager, Human Resource Manager, Business Consultant, Marketing Manager, Information Systems Manager, Business Administration Researcher, Research and Development Manager, Tourism Management, International relations manager etc

Top BBA Colleges in India are:

  • NMIMS, Mumbai
  • IIM Rohtak
  • ICFAI Foundation for Higher Education
  • KIIT School of Management
  • IIFT

BMS Full Form

The full form of BMS is Bachelor of Management. BMS course is a 3-year course designed to study the analytical aspects of business management and gain an in-depth knowledge of a few businesses or management-related topics such as human resource management, economics, marketing, business statistics, etc.

BMS Admission takes place through the Entrance Exam. BMS Eligibility criteria are that candidates need to complete their 10+2 levels with 50%.

The difference between BMS and BBA is that BBA deals with the depth of technical and analytical skills including subjects such as accounting, finance, aviation, data management whereas BMS deals with managerial roles of education such as leadership management, international management, and Marketing Management. Many students go for a Master of Business Administration after BMS and BBA. 

Top BMS colleges offer internships and on-campus internships for students. Companies in FMCG, I.T., E-commerce, consulting, materials, construction, housing, food and beverage, tourism and tourism, etc. The starting package in India is around Rs. 2 to Rs. 5 LPA. BMS Job roles include Consultants, Assistant Managers, Marketing Managers, H.R. Executive, Business Development Executive, Quality Managers, Product Managers, Marketing Managers etc.

BMS Top Colleges are:

  • Jamia Hamdard
  • Shaheed Sukhdev College of Business Studies
  • Wilson College, Mumbai
  • GITAM Hyderabad Business School
  • KJ Somaiya College of Science and Commerce

PGPM Full Form

The Post Graduate Program in Management (PGPM) is a management postgraduate program provided by IIMs in India. In sum and essence, the PGPM course is similar to PGDM and successful completion gives the candidate the right to receive the certificate. PGPM is equivalent to a Master of Business Administration. 

PGPM Admission takes place through entrance Exams like CAT. CAT is the only entrance exam accepted by IIMs. 

PGPM Jobs roles include Marketing Manager, H.R. Executive, Quality Manager, Information Systems Manager, Business Administration Researcher, Business Development Executive, Research and Development Manager etc The average salary after the PGPM course ranges between INR 20 Lakhs to INR 30 Lakhs.

PGPM Top Colleges are:

  • IIM Ahmedabad
  • IIM Calcutta
  • IIM Indore
  • IIM Kozhikode
  • IIM Shillong

PGPX Full Form

The Executive Graduate Management Program (MBAPGPX) is one of the finest full-time residency programs in the world. If you meet all of the criteria listed below and would like to apply for the PGPX 2022-2023 program, you are suggested to use the program.

  • Bachelor's degree or equivalent
  • Active GMAT / GRE schools (GMAT / GRE schools are valid for five years from the application deadline of the applicant cycle.
  • Minimum of 4 years of full-time postgraduate work experience on March 31, 2022.

FPM complete Form

The Fellowship Program in Management, also abbreviated as FPM Program, is a doctoral program that offers courses in various areas of business and management. Provided by the Indian Institute of Management and other B High schools, FPM course is a 4-year full-time program to train individuals interested in research and teaching.

The FPM Program offered by IIM fulfills objectives such as helping participants understand the foundations of management, management research, and related research methods, Empowering participants to formulate an idea for the existing body of management ideas and contribute to it.

MHRM Full Form

MHRM, or Master of Human Resource Management, is a 2-year graduation course chosen by students who wish to pursue a successful career in human resource management. 

The MHRM admissions process is essentially the same across all colleges. Students must meet the minimum eligibility criteria and be eligible for one of the many MHRM entrance exams like MAT, CAT, CMAT, etc.

See Also: MHRM Top Colleges

MHRM Eligibility is that students must have Bachelor's degree in any discipline with at least 50% marks (5% discount for SC/ST applicants) from an accredited university/college/institute recognition. 

Some of the top MHRM job opportunities are HR Manager, HR Executive, Production Manager, Product Development Executive, etc. Some of the top MHRM recruiting organizations are ICICI Bank, Mc Kinsey, Axis Bank, HDFC Bank, etc. The average salary of an MHRM graduate in India is INR 6 lakhs per annum.

IMBA Full Form

IMBA refers to International Master's Degree in Business Administration. Moreover, the IMBA has all the academic strength and thorough training of a regular MBA, but with a strong focus on international culture and business practices.  LSBF Singapore, Tallinn University of Technology, ESEI International Business School Barcelona, and University of Vienna are some of the colleges that provide IMBA.

This combination gives professionals a solid foundation in international leadership and adds a limit to their work ethic. The duration of IMBA is one-year. The academic qualification to pursue IMBA are listed below:

  • Bachelor's degree or equivalent in the economic or business field
  • Valid GMAT / GRE schools (GMAT / GRE schools are useful for five years from the application deadline of the applicant cycle.
  • Minimum of 4 years of full-time postgraduate work experience.

PGPBA Full Form

PGPBA stands for Post Graduate Program in Business Analytics. The course introduces individuals to the technical aspects of Business analytics, such as aviation and big data management, etc.

PGPBA eligibility criteria are that students must hold a bachelor's degree in any discipline. Domestic candidates should have qualified for the CAT exam, while international candidates must have a GMAT score.

EPGP Full Form

The Executive Graduate Program in Management (EPGP) is a one-year intensive full-time program at IIM Indore. EPGP is specially designed for experienced professionals to enhance their knowledge, skills, and abilities to manage and lead organizations.

The following objectives are achieved during the successful completion of the Executive Graduate Program in Management:

  • Data analysis skills to identify and evaluate possible solutions to business situations, interpersonal communication skills, and the ability to work in teams.
  • Raise awareness of the legal and financial business environment.
  • Ethical aspects of managerial decision making and strategic and integrative thinking

What is MBA Full Form?: FAQs

Ques. How is the MBA program different from a regular Master's program (MSc or M.A.)?

Ans. Like the Master of Science (MSc) and Master of Literature (MA) degrees, the MBA is a graduate degree and is only available to applicants who have completed the first cycle of a college education.

Ques. Which entrance exams are required to apply to a business school?

Ans. To pursue a business degree, an individual needs to qualify for entrance exams such as CAT, GRE, GMAT, XAT, NMAT, SNAP, and IIFT. 

Ques. What should be included in the admission interview?

Ans. The admissions interview is a brilliant opportunity in front of future professors and business mentors to display an individual's strength and talent. Interviewers usually want to know more about your long-term plan and how to apply the knowledge gained from the MBA program.

Ques. How does an MBA degree enhance an individual's career prospects?

Ans. The main reward of graduating with an MBA degree is the practical business knowledge acquired, rewarded with a significant salary increase. Graduates of our recommended MBA programs and executive masters report a salary increase of over 150%.

Ques. What is a letter of recommendation? What role does it play in the admission process?

Ans. A letter of recommendation is a formal letter written by a student's employer, professor, or dean to signify a student's standard or professional behavior. It also includes an achievement or progress made by the applicant. The admission committee gives a significant amount of weightage to the letter of recommendation as it throws a light on the applicant's professional from a third person's perspective.

Ques. What are the top business colleges in India?

Ans. Some reputed business colleges and universities in India are listed below:

  • Management Development Institute, Haryana
  •  Xavier School of Management, Jamshedpur
  • International Management Institute, New delhi
  • Indian Institute Of Management, Ahemdabad
  • S. P. Jain Institute of Management and Research, Mumbai

Ques. What is a good GMAT score?

Ans. A good Gmat score lies between 650 to 690. On the other hand a GMAT score from 690 to 750 is considered as an excellent target.

Ques. What is the most considered aspect during business college admission?

Ans. The admission committee of business university takes a holistic overview of an individual’ s application. Hence a good academic qualification is not the only thing that matters. Some other aspects such as previous work experience, international experience, GMAT scores and other co curricular activities plays an important role in an individual’s profile.

Ques. What are the different specializations provided in BBA

Ans. BBA includes a variety of specializations such as

  • International Marketing
  • Digital Marketing
  • Business Analytics
  • General Mangement
  • International Management

Ques. What is the difference between PGDM and PGPM?

Ans. PGDM (Graduate School of Business Diploma) is a diploma issued by an AICTE accredited body in a two-year full-time program.

PGPM (Graduate Program in Management) is a certificate course, not a diploma or degree course. The duration of this course is generally 1- 2 years and is usually offered by a university to which are non-affiliated

Ques. Which job is best after MBA?

Ans. Some of the best job options for MBA graduates are -

  • Financial Manager
  • Health Services Manager
  • Investment Fund Manager
  • Information Technology Director
  • Operations Research Analyst, etc.

Ques. Can I do BBA after 12th?

Ans. Yes. Candidates aspiring to pursue the BBA course, can pursue it after completing their 12th standards.

Ques. What is the salary after PGDM?

Ans. The average salary of a PGDM graduate is INR 7.73 lakh per annum.

Ques. What is the meaning of MHRM?

Ans. MHRM stands for Master of Human Resources Management.

Ques. What is the difference between Pgdhrm and MBA HR?

Ans. PGDHR, stands for Post Graduate Diploma in Human Resource Management, while MBA HR (Human Resource) is a particular specialization of MBA.

Ques. How long does it take to complete IMBA?

Ans. International Masters of Business Administration takes a minimum of 2 to 3 years to complete.

Ques. Who can apply for FPM?

Ans. Candidates having a master degree in a relevant stream including MA, MCom, MSc, MCA, MBA, and MTech, with a minimum of 55% aggregate marks can apply for the FPM program.

Ques. What is BMS course salary?

Ans. The average salary of a BMS graduate ranges from INR 3 to 5 LPA.

Ask your question

Answered Questions

AR

Astha Roy

23 Feb 22

Your brother has a fairly good chance of section as his CAT percentage is well-above the required cutoff. For 2021, IIM Kozhikode cutoff was 85 (for general category students). But the selection depends a lot on the interview performance too. So, ask your brother to prepare thoroughly for the interview round. 

You can go through the section criteria and the admission procedure of the institute to clear any doubts you may have. 

...Show More

AS

Anika Sinha

31 May 22

NMIMS Mumbai is a good option for MBA. It ranks right after the old and top IIM. NMIMS Mumbai placements are excellent. Many national and multinational companies take part in campus recruitment. During placements 2022, students received an average CTC of INR 19.40 LPA.

The academics offered at NMIMS can be compared to premium management institutes. NMIMS employs a case-study-based teaching methodology. It has a tie-up with Harvard Business Review. 

One of the drawbacks of the institute is the huge batch size. NMIMS student intake is over 500. Due to the large batch size, the competition during placement becomes extremely high. 

...Show More

AC

Anumita Chowdhury

25 May 22

Professional life after an MBA from NITIE Mumbai can be promising and rewarding. NITIE continues to be one of the top management institute in the country. Many alumni of the institute are working as CEOs at reputed companies.NITIE Mumbai placements 2022 ended with an average CTC of INR 25.41 LPA. 

...Show More

AB

Anumita Banerjee

31 May 22

Symbiosis Pune MBA is comparable to IIM Lucknow, Indore, Kozhikode, Narsee Monjee, and MDI. It is better than most of the tier 3 IIM. SIBM Pune MBA placements are pretty good, especially for HR and Marketing. 

SIBM Pune placements 2022 ended with an average CTC of INR 23.06 LPA. The major recruiting sector was Consulting, FMCD or FMCG. 

...Show More

AM

Ashmita Mukharjee

25 May 22

Yes, NMIMS, Mumbai is an excellent option for an MBA. Due to the locational advantage, it offers good placements and exposure. Huge list of companies visit the campus placement each year. NMIMS Mumbai placements highlights for 2022, show an average CTC of INR 19 LPA.

NMIMS Mumbai focuses a lot on academics outside of traditional classroom teaching. Their approach to academics is unique. You will learn through Bloomberg labs, the WeCare internship program, an unparalleled repository of e-journals and market data. 

The only drawback for the institute is its huge batch size. This results in a dip in placements. 

...Show More

SG

Sinchita Guha

23 May 22

PUMBA is undoubtedly the best B-School in Pune. It offers the best ROI, after FMS, JB, and SIMSREE. PUMBA MBA fees are INR 1.29 Lakhs only. While the average CTC for the institute is only INR 6.47 LPA. 

PUMBA follows an effective trimester course pattern and major and minor specializations. The campus has good infrastructure with a well-equipped library, gymnasium and medical facilities. 

...Show More

TB

Tushar Banerjee

30 May 22

DoMS IIT Madras is counted among the top management institutes in India. It has a great placement record. Companies like Google, Avalon consulting, Amazon, RBS, CTS, etc. visit the campus drive regularly. IIT Madras MBA placements 2022 concluded with an average CTC of INR 16.66 LPA. 

DoMS IITM strives for excellence. The faculty base is brilliant. You can get help from TAs and faculty members regarding any problem you face. Being on the lush green IITM campus is a treat. There are many engaging extra-curricular activities that you can take part in. 

...Show More

SB

Sakshi Banerjee

14 Mar 22

The PGPX IIMU-Purdue Supply Chain Management duel degree program is a unique program. 

  • The coursework is rigorous. Over the first 5 months, students learn fundamental subjects of Supply Chain Management along with basic subjects of management such as Finance, Accounting, Management, Statistics, etc. 
  • IIM Udaipur offers quality education, which is reflected in the faculty pool and the academic rigor. 
  • Faculty members make sure that students are getting the right projects for their corporate internships. 
  • Students of this program get to spend a 5-month long semester at Purdue University’s Krannert School of Management. Other than the compulsory core subjects, there is a wide variety of electives on offer as well. 
  • The placement scenario for this PGPX program is excellent. The 2021 batch got an average CTC of INR 19.27 LPA

This program will offer you a learning experience that is beyond academics and textbooks. You will get to build networks with students and faculty members from around the globe. 

...Show More

AG

Anuj Gupta

30 May 22

BITS Pilani MBA fees for this academic year is INR 11.10 Lakhs. Here is the year-wise fee structure for the MBA program. 

First Year Fees  INR 5,61,575 (it includes admission fee of INR 48,100)
Second Year Fees INR 5,48,435 (this amount includes practice school fees)
Total Fees INR 11,10,010

The course fee is likely to increase upwards for the next academic year. The increase in fees won’t be more than 10% compared to the previous year's fees.

...Show More

AM

Abanti Mukharjee

26 May 22

For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. 

...Show More

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