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MBA Skills: List, in Demand, Tools, Skills in MBA Interview

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Sounak Banerjee

Associate Content Manager

MBA skills teach candidates to think constructively and judge analytically. MBA is a 2 year postgraduate course that will inculcate the MBA skills in demand for a career in management. MBA course offers the opportunity to intensify knowledge and expertise in a particular business area or a department. The MBA course also helps students to inculcate entrepreneurial skills and helps students to develop business and managerial skills.

To pursue the MBA course, an aspirant needs to qualify the minimum eligibility criteria of having a bachelor’s degree in any field, with a minimum score and relevant work experience. MBA Admissions also involve mandatory rounds of Group Discussion and Personal Interviews. See: Top MBA Colleges in India

Pursuing an MBA course requires not only academic skills but also certain soft skills that help candidates ace other rounds of admission along with their entrance exams. Aspirants must be fully aware of some important skills required while pursuing an MBA Degree. 

Skills Required for MBA Students

Students after completing an MBA course must have some of the skills after completing postgraduation. Python, SQL, and PHP are some of the skills useful for an MBA student. Some of the other skills required for MBA students are mentioned below:

  • Data Analysis: R, SPSS, Tableau
  • Programming Languages: Python, SQL, PHP
  • Presentation and Design: PowerPoint, Canva, Prezi, Haiku Deck
  • Technical Writing: SEO

Check:

MBA Skills in Demand

There are several skills that an aspirant needs to possess to apply for MBA applications and pursue an MBA course. A few of those skills are discussed below in detail:

  • Leadership Skills: Leadership qualities are one of the top characteristics of MBA aspirants. An MBA degree is intended for individuals who have or need to have positions of authority in their organizations. Therefore during the time of internships and work experience, one should take a lead for the project and show how good they are at planning, organizing, and controlling things.
  • Problem Solving/ Decision Making Abilities: These skills are also required to be fair-minded regarding the options to be taken. The critical thinking aptitudes originate from communication with time and standard assistance with various area specialists.
  • Communication Skills: Every candidate needs to possess effective and efficient communication skills to work in a reputed and top recruiting organization. An aspirant will get to work on these things in their respective B-Schools. Good communication skills help in showing a better impression at the time of the admission process.
  • Presentation Abilities: MBA aspirant has to strengthen their analytical and presentation skills, which is one of the top qualities of MBA aspirants. 
  • Creativity and Innovation: If the candidate is creative and has the skills of thinking of ideas out-of-the-box, then this will add plus points to the candidate’s resume. Creativity and innovation skills will not only benefit the candidate in supporting their aims and ambitions, but it will also help an aspirant to grow within the organization they plan to work.

Other skills and abilities that will help a candidate to turn himself/herself into a good MBA candidate also include ethics and integrity, passion for the dream, an ambition to chase, motivation, and disciplined behavior.

What are the Skills Required to be a Good MBA Candidate?

MBA has become the most sought-after degree in recent years, thus it has its prerequisites which the candidates must be well versed with in order to outshine their career in MBA. Some of the keynotes to becoming a skilled MBA are as follows,

  • A good cut-off score in MBA entrance exams: There are lists of entrance exams that are conducted for a candidate to enroll themselves with top MBA Institutes. Some of them are CAT (Common Admission Test), GMAT (Graduate Management Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), SNAP (Symbiosis National Aptitude Test). Once the candidates enroll themselves for these exams, they have to prepare themselves to meet the percentile that is set by these colleges. These exams are conducted to judge a candidate’s basic knowledge about the subject and if they are at all eligible to sit for the exam. Candidates who secure a high percentage of marks will be allocated to the best colleges for pursuing MBA.
  • High aggregate score in Under Graduation: Candidates with consistently good academic performance will have a greater chance of securing admission. The minimum eligibility criteria for appearing in these exams is 50% in Graduation, but the more score record a candidate has, the more are his chances of getting admission
  • Possess some extracurricular hobbies: Candidates who possess skills outside of work and study, such as playing cricket, football for any club, humanitarian efforts, will add up the points to score more and secure admission.
  • Work Experience: To be a veritable competitor, candidates must possess some work experience. A minimum of 2 /3 years of work experience will be considered a bonus points, and also add up to the total score apart from maintaining a consistently good academic record
  • Good performance in Group Discussion round: After every MBA entrance exam, candidates have to face the GD/PI round. The GD/PI rounds are the final measurement index once the candidates are shortlisted after the entrance exam. Mentioned below are some of the tricks that will help candidates get shortlisted in the Group Discussion round,
    • Ensure frequent participation, along with a stronghold over English
    • Should be confident enough to make a mark amongst the candidates
    • Should be outspoken, but not aggressive
    • Keep a logical base to your arguments
    • Should keep the language simple and lucid yet formal
  • Analytical and Presentation skills: Presenting data would not suffice, if one can not present the desired analysis of the data, in a short, crisp, and formal way. Thus candidates have to develop presentation and analytical skills to outshine themselves from the rest
  • Problem-solving and Decision-making skills: One of the key points to become a skilled MBA, is to have problem-solving skills. Managers need to have all the information to make crucial decisions to help the company. They also need to be unbiased while making those decisions. Candidates who possess a strong sense of decision-making will be preferred over those who don't possess it.
  • Integrity and Ethics: Integrity Helps in building trust amongst employees and ethics plays a major role in building an organization. Both integrity and ethics are intertwined in the business world.
  • Team Ownership: Leaders are the ones who work together to promote a good and strong team. While leaders credit the team for its success, failure is always the responsibility of the leader. Candidates with such stature can always earn a position for themselves as a good MBA

Questions Asked in MBA Interviews with Answer Tips

Some of the most tricky questions asked during MBA interviews are as follows,

  • What are your weaknesses? 

-Here the interviewer does not want to discourage you, he just wants to have an idea on your clarity about yourself.

  • Where do you see yourself in 10 years?

-S/He wants to know your ambition and goals

  • Reason to take up MBA.

-S/He wants to be clear about your idea of doing an MBA, are you doing it for the sake of it or you have certain ideas in your mind and to fulfill them you have to do an MBA

  • Do you have any questions for us?

-S/He may ask this question in a polite way to end the interview

  • How do you deal with failures?

-The main motive is to understand how you deal with failures, here the interviewer is expecting an honest answer from the interviewee 

  • What is your hobby?

-S/He is trying to make you comfortable and easy.

CheckMBA GD-PI Preparation

Preparation Before Starting MBA

Here are few questions that you should ask yourself once you decide to take up MBA,

  • Why do I want to get an MBA?
  • Is my career stagnant?
  • Can I afford it?
  • Can I improve my leadership skills?
  • Do I have the resource to be successful?
  • Would this business school be the best for me?
  • What are my goals?

CheckTop 30 Questions to be asked in PI

MBA Skills: FAQs

Ques. What are the main skills an MBA candidate should possess?

Ans. The main qualities of a good MBA candidate are having a strong analytical mind with the ability to work as a team. Candidates should also be able to possess a critical bent of mind and willingness to learn new things.

Ques. What are the skills required for an MBA finance

Ans. Some of the main skills required for an MBA Finance include Interpersonal Skills, Logical Skills, Time Management etc. A candidate must possess these skills along with good leasership skills as well to be a suitable candidate for MBA Finance.

Ques. What skills does an MBA degree give you?

Ans. MBA gives you multiple skills like Effective Communication, Problem Solving, Pressure Dealing, Strategic Research, Networking, etc.

Ques. What should I expect in an MBA interview?

Ans. Things that one can expect in an interview related to MBA will vary for each interviewer. However, some of the basic questions that cater to your choices, introduction, portfolios, and resumes must be expected.

Ques. How can I improve my MBA skills?

Ans. Improving communication skills, and focusing on the syllabus and subjects asked in MBA entrance exams can help improve your overall MBA skills.

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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