MBA Business Forecasting Top Colleges, Eligibility, Entrance Exams, Jobs, Salary 2024

MBA Business Forecasting Admission Process

The admissions for the MBA Business Forecasting courses vary from college to college. However, most colleges select candidates based on an entrance test followed by a personal interview. A few colleges may even conduct a group discussion for finalizing on the selections.

Find here, the general admission procedures followed by most Indian colleges and universities for admission to their MBA Business Forecasting course respectively.

Also check: MBA Top Colleges NIRF Ranking

MBA Business Forecasting Entrance-Based Admission

The entrance exam-based procedure for the admission is as follows:

• To begin with, the candidates will have to visit the website of the respective institute conducting the MBA program and learn about the course details, eligibility criteria and the admission process. The application will have to be done online.
• Candidates provide their mobile number and email ID, in order to receive the login credentials. Log in to the online application site and fill-up the form with all necessary details.
• Upload all the necessary documents, certificates, mark sheets, photograph and signature (if needed). You may also have to upload documents such as recommendation letters and a CV with details of the projects you might have worked on or associated with.
• For institutes asking for CAT/GMAT/MAT/XAT score, submit your score sheet as well.
• After having filled the form and uploaded all necessary documents, submit the application. You will be directed to the online payment portal, where you can pay the requisite application fee through any of the online means.
• Based on the details submitted by the candidates, the respective institute will shortlist the candidates, who will have to then appear for the entrance test. The entrance test is often waived off for candidates who have a valid CAT/GMAT/MAT/XAT score.
• Candidates qualifying the entrance test will be further shortlisted for a personal interview.
• Successful candidates will be then intimated as and when the results are out.

Also check: MBA admission without entrance exams

MBA Business Forecasting Eligibility Criteria

The eligibility criteria to pursue an MBA Business Forecasting course from Indian colleges and universities are given as follows:

• The candidates should hold a bachelor degree preferably in Mathematics, Statistics, Commerce, Economics or Engineering from a recognized college or university.
• They should have at least 50% marks in aggregate in their graduate degree.

Read More: MBA Courses Admission Process and Registration

MBA Business Forecasting Entrance Exams Details

Entrance to most MBA programs in the top institutes in the country is through entrance exams. There are a number of such entrance exams that are conducted at the national level by different examining bodies and by individual colleges themselves. Some of these popular entrance exams for admission to the MBA Business Forecasting course are listed below:

• CAT: Common Admission Test (CAT) is the most popular entrance exam for admission to a number of Indian colleges and management institutes for their postgraduate courses in management and business administration. Administered by the Indian Institutes of Management, admission to all the IIMs in India are through CAT only.
• MAT: MAT or the Management Aptitude Test is conducted by the All India Management Association (AIMA), an apex body of local management associations and management professionals from industries, government sector and academia, working towards the cause of the management profession as well as education in India. The MAT is conducted four times in a year as a paper based test (PBT) as well as remotely proctored internet based (IBT).
• CMAT: Conducted by the National Testing Agency (NTA), CMAT or the Common Management Admission Test is a national level test for admission to management programs at all AICTE approved colleges, institutes and departments undertaking management education.
• XAT: Xavier Aptitude Test or XAT is a national level entrance test that is conducted by XLRI Jamshedpur for admission to a number of MBA and PGDBA programs at XLRI and 10 other business schools associated with it. Additionally, the XAT scores are used by more than 700 other business schools in India.

MBA Business Forecasting Entrance Exams Preparation Tips

Following tips mentioned below will help in preparing for the entrance exams for admission to the MBA Business Forecasting course:

• The entrance exams that are held for admission to most MBA programs in colleges and universities in India are mostly a single sitting exam of 2 hours that is held online.
• The tests consist of three sections namely Logical Reasoning and Quantitative Ability, Data Interpretation and Verbal Ability and Reading Comprehension.
• The questions that are asked in these tests are of multiple-choice types, where the correct option among the given four options is to be marked.
• The number of questions asked is 100, each of 3 marks. Considering that only 40 minutes is available for each section to be attended, it needs a great deal of speed and accuracy to ace these exams.
• It is essential that the candidates should attempt a number of mock tests and practise papers before appearing for such exams.
• The candidates should also familiarize themselves with the pattern of the test and syllabus.

Also, check: MBA Skills Required

MBA Business Forecasting Top Colleges Admission Tips

To get admission to a good college or institute for pursuing the MBA Business Forecasting, candidates will have to take care of the following points and prepare accordingly.

• The first and foremost point for getting admission to an MBA program at a good college is to be on the lookout for such admission notifications released by the colleges from time to time. Also, see that you have the necessary aptitude and inclination for undertaking the program.
•  The next big challenge will be qualifying one of these entrance exams such as CAT/XAT/MAT/CMAT/etc. these exams being quite competitive, it will require great effort on the part of the candidate to qualify them.
• Just acing the entrance exam won’t be enough as the candidates will then have to face the personal interview round, where the candidate’s communication and interpersonal skills will get tested.
• Final selection of the candidates is based on a lot many other factors too. The candidates past academic record as well as job experience, if any, is also taken into consideration while finalizing the selections.
• Besides academic performance, it is also seen whether the candidate had been active in co-curricular and extracurricular activities as well. Achievements in sports, cultural and social activities also play a part in deciding upon the selections.
• It helps, if the candidate after qualifying the entrance exam, prepares for the interview round by appearing for a few mock interviews. One may also go through the interview experience of past successful candidates that are readily available online.