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

The Full Form of an MBA is Master of Business Administration. MBA Course is a 2-year duration master’s course in management. MBA courses are available in various specializations such as MBA HR, MBA Finance, MBA Marketing, etc. PGDM is equivalent to an 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 a Post Graduate Programme in Management. Types of MBA include Distance MBA, Online MBA, and Executive MBA.

PGPX denotes Post Graduate Program for (working) Executives and EPGP is also an executive course on Management. PGPX and EPGP are for students who have worked for 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 in 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 Post Graduate Program for Executives 
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 Post Graduate Program in Management

MBA Full Form

MBA stands for Master of Business Administration. MBA 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 and SNAP. 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 that, MBA, the initial package in India is around INR 7-30 LPA which rises with experience. Some of the job roles after completing the 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 Ahmedabad, Xavier University, Symbiosis International University, etc. PGDM Admission takes place through MBA entrance Exams such as CAT, MAT, etc

PGDM Job 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.

The 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, and 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 Executives, Quality Managers, Product Managers, Marketing Managers etc.

BMS’s 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 the 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 Bangalore
  • IIM Calcutta
  • IIM Indore
  • IIM Kozhikode
  • IIM Shillong

PGPX Full Form

The Post Graduate Proram for (Working) Executives (PGPX) 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 2024-25 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.

FPM complete Form

The Fellowship Program in Management, also abbreviated as the 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, the 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. MHRM Eligibility is that students must have a 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, McKinsey, 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 an 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 the 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 qualifications to pursue an 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 behaviour. 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, Ahmedabad
  • 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 of business college admission?

Ans. The admission committee of a 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 play 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 Management
  • 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 that is non-affiliated.

Ques. Which job is best after an 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 the 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’s 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 the BMS course salary?

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

Master of Business Administration [MBA] : 738 answered questions

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Ques. Is it worthwhile doing an MBA in UPES Dehradun?

● Top Answer By Akriti Banerjee on 03 Aug 23

Ans. Every B-school has its unique strengths and so does UPES Dehradun which is famous for its domain-specific MBA. If you are willing to pursue an MBA in oil and gas, power management, or energy trading, choosing UPES Dehradun will be the right decision. It offers a plethora of opportunities in these domains and the ROI is also great. There are some industry-specific courses too but their placements are just average. The best part about UPES is the diversity of the crowd. You will get the chance to interact with people from various backgrounds such as law, management, engineering, and design thus enhancing the learning experience manifolds.  Ultimately, I will suggest you go for UPES Dehradun only if you are planning to pursue a domain-specific MBA, else you can go for better B Schools.Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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Ques. I joined SBI as a PO in 2015 and currently a scale 2 officer. Is it wise to leave SBI for an MBA from NMIMS Mumbai, SIBM Pune or MDI Gurgaon? Also, I do not want to continue in SBI.

● Top Answer By Rahul Pandey on 17 Aug 20

Ans. Since you do not want to continue with SBI due to whatever reasons, so it would be a better option to follow what you want to and don’t continue in your job. Now, you have three options to choose what you want to do:- You can resign your current job and search for a job in a private bank. This option might not be a feasible one as the entry-level pay at SBI is much more lucrative than other banks. Your experience might not be valued in case you do not have much of it. You can go for an MBA from NMIMS Mumbai, SIBM Pune, or MDI Gurgaon. In this case, your experience will be valued during the placement process and you will be an eligible contender for middle management jobs in private banks and you may also explore new fields like corporate finance or trade finance. The other option is to wait for two more years of experience and pursue a one-year MBA provided you are ready to continue in SBI for two more years. Furthermore, there are other factors as well like GMAT score you get after two years.Read more
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Ques. What is MBA salary in India?

● Top Answer By Disha Sinha on 27 May 22

Ans. MBA salary of a B-Schol graduate in India is proportional to their qualification and experience. It also depends on other factors like Almameter of the candidate, MBA specialization, industry, designation, etc. The MBA average salary for the topmost B-School in the country is as follows. Name of the institute  MBA salary(in INR) IIM Ahmedabad  26.13 LPA IIM Bangalore  33.8 LPA IIM Calcutta 26.24 LPA IIM Lucknow 26 LPA FMS Delhi  32.4 LPA XLRI Jamshedpur 30.73 LPA MDI Gurgaon 26.07 LPA SPJIMR Mumbai 23.6 LPA  IIFT Delhi  25.16 LPA.  MBA salary depends a lot on specialization as well. Among the specialization, Marketing and Finance offers better placements. Read more
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Ques. How good is KJ Somaiya (SIMSR) for doing an MBA in India?

● Top Answer By Aditya Shah on 25 Apr 22

Ans. As a B-School, KJ Somaiya has certain factors which are advantageous, such as location, ROI, alumni base. Since Mumbai is the corporate hub of India, the college easily attracts many companies. SIMSR has a huge alumni base with people working at imminent positions in the corporate world.  However, it doesn’t come under the top B-Schools in India. SIMSR brand doesn’t have much recognition. Although it attracts many companies, the placement average isn’t at the same level as top B-Schools. KJ Somaiya placements 2022 had an average CTC of INR 10.95 LPA. Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. I completed my BBA two years back and now I have 2 years of work experience. I did a distant PGDM from NMIMS. If I clear the CAT this year, should I go for a regular MBA?

● Top Answer By Varsha Roy on 27 Jun 21

Ans. Since you already have a work experience of 2 years you should go for an executive program from a reputed institute rather than doing any regular program. You should never hold your career because of continuing with a regular MBA program rather than you should choose an executive program. For the executive program, you can choose a 1-year global MBA degree in collaboration with 3 B schools. They are Cardiff School of Management, UK, IIM-Indore, and Universal Business School, Mumbai. In this program, you will be able to learn from these big institutions, especially IIM’s. You will also be getting good global exposure. The curriculum of the college will be the British curriculum and all these programs will develop your skills and will help you in your career development. The executive program of IBS Hyderabad is also very good. There are several other institutes offering executive MBA programs where you can research and choose the best option.Read more
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Ques. How is the NMIMS distance learning program in MBA?

● Top Answer By Namrata Das on 22 Jul 22

Ans. NMIMS Global MBA program is better than other distance MBA programs available. The course is designed as per the requirements of working professionals. Students get the required support from the university and the centers.  They have student portals and Whatsapp groups to keep students updated regarding course-related information. The year-wise examination is taken in an online mode at students’ convenience.Read more
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Ques. Which is best course in MBA?

● Top Answer By Advait Joshi on 15 May 23

Ans. There are numerous top MBA programs around the world, and the program best suited for you depends on your personal and professional goals, as well as your budget and other factors. Some of the most highly ranked MBA programs include: Harvard Business School MBA program Stanford Graduate School of Business MBA program Wharton School at the University of Pennsylvania MBA program Kellogg School of Management at Northwestern University MBA program University of Chicago Booth School of Business MBA program MIT Sloan School of Management MBA program Columbia Business School MBA program INSEAD MBA program (based in France, Singapore, and Abu Dhabi) London Business School MBA program Yale School of Management MBA program All the above MBA programs are consistently ranked among the top MBA programs in the world by various rankings organizations, such as the Financial Times, Forbes, and Businessweek.Read more
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Ques. How is NMIMS Mumbai for an MBA?

● Top Answer By Ankita Sinha on 31 May 22

Ans. NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions.  NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students. Read more
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