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.

Master of Business Administration [MBA] : 573 answered questions

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Ques. What is life like after an MBA from NITIE Mumbai?

● Top Answer By Ayushi Sehgal on 02 Mar 24

Ans. My uncle had done his PGDIE from NITIE Mumbai, back in 1979. NITIE enhanced his knowledge and self confidence by a huge extent. This institution offers top notch placements, and a good alumni network. Some of my uncle’s seniors went on to become CEOs and high ranking professionals at reputed firms. After graduating from NITIE, you’ll get plenty of opportunities. It is a well renowned college in India. However, a lot depends on your own hardwork and dedication. Try to make the most of your stay at this college.Read more
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Ques. Is the MBA program at Symbiosis Pune any good?

● Top Answer By Raktim Tarafdar on 14 Sept 23

Ans. The two-year full-time residential MBA offered to SIBM Pune is its flagship program. Its duration is 2 years. Courses are offered in various specializations like Marketing, Human Resource Management, Finance, and Operations Management. The course structure aims at imparting students top-notch industry exposure and a nurturing classroom environment. This helps them become the leaders of tomorrow.  The placement committee of SIIB and the faculty are responsible for the placement process. Students receive training for the summer internship process for group discussion, interviews, and resume building. This attracts more recruiters every year. SIMB Pune has well-educated and experienced faculty members and the pedagogy they adopt is impressive. Usually students are taught through case studies as its primary teaching tool. Other teaching methods include discussions, presentations, peer learning, and hands-on learning. Here is the detailed placement report of SIBM Pune No. of Companies participated 105 No. of New Recruiters 49 No. of Offers made - No. of Pre-placement offers 111 Highest Salary INR 35.05 LPA Average Salary INR 26.77 LPA Median Salary INR 24 LPA Top 10% Average Salary INR 33.27 LPA Top 25% Average Salary INR 32.80 LPA Top 50% Average Salary INR 29.99 LPA Major Sectors BFSI, FMCG / FMCD Top Recruiters Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC etc Hope this helps you!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. Why should one do MBA from PUMBA?

● Top Answer By Raktim Tarafdar on 12 Sept 23

Ans. Here are some solid reasons why one should pursue an MBA from PUMBA: A University department of one of the most prestigious universities in India. An inaugural in the field of Management Sciences since 1971. The best B-school in Pune Provides an amazing ROI. Its first-year fee is only INR 65,000 while its average package is INR 8.10 LPA. So provides the best ROI after FMS, JB, and SIMSREE. An autonomous course comprising trimester pattern and major and minor specializations making it more flexible. The natural beauty of Pune combined with its decent infrastructure makes PUMBA a great place to study. It has a well-stocked library and high-speed facility. Students have access to the Jaykar library. Students also have access to free medical services. There is a 24*7 WiFi connection in the entire university campus. Students have access to a Gymnasium at a very low fee. Students can participate in Pune University's recreational activities. Decent placement opportunities I hope all the above reasons convince you to join PUMBA.Read more
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Ques. How good is the PGPX IIMU-Purdue supply chain management dual degree from IIM Udaipur?

● Top Answer By Saptarshi Bhowmik on 20 May 23

Ans. The PGPX IIMU-Purdue supply chain management dual degree program offered by IIM Udaipur is considered to be a highly reputable and well-regarded program in the field of supply chain management. The program is designed to provide students with a deep understanding of the latest developments in the field, along with practical skills and knowledge related to supply chain management roles. Here are a few highlights pertaining to the program. The curriculum is very rigorous and within 5 months students are introduced to basic subjects of management such as Finance, Accounting, Statistics, Marketing and also the foundational subjects of Supply Chain and Operations management. Professors adopt the case study pedagogy combined with supplementary materials whenever necessary to deliver the best learning experience. The coursework is regularly evaluated like any other reputed institute. Students from IIM Udaipur get to spend 5 months at Purdue University’s Krannert School Of Management wherein they get an opportunity to select elective courses as per their interests. Faculty ensure students get the right projects during internships. It’s the internship experience that actually determines your choice of electives at Purdue University. Placements: The following table represents the MBA GSCM Placements for the batch 2022: Students places 100% Number of students  37 Number of Companies participated 56 Number of offers 150 Highest CTC  INR 35.96 LPA Average CTC  INR 19.54 LPA Lowest CTC INR 14 LPA  Overall, the PGPX IIMU-Purdue program is considered to be a great choice for those interested in a career in supply chain management.Read more
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Ques. What is the fee structure for MBA in BITS Pilani?

● Top Answer By Namrata Das on 14 Sept 23

Ans. BITS Pilani is a private engineering college so charges high fees to maintain the standard of education. The detailed fee structure of its MBA program (Pilani Campus) has been mentioned below BITS Pilani MBA Fees 2022 Particulars Pilani Campus Admission Fees  INR 48,100 Tuition fee INR 2,18,500 per semester Students' Union fee  INR 450 Students' Aid Fund  INR 225 Hostel fee (for on-campus students only)  INR 15,550 per semester Mess & Electricity advance INR 10,000 per semester Other Advances  INR 12,000 per semester Hope this solves your query!Read more
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Ques. Which college is better for MBA among UBS, BITS, BIMTECH and NIT Trichy?

● Top Answer By Abanti Mukharjee on 26 May 22

Ans. 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. Read more
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Ques. Is an MBA From LBSIM worth it?

● Top Answer By Adil Sinha on 26 May 22

Ans. Yes, an MBA from LBSIM is worth the investment. It has a 100% placement record and offers great ROI. LBSIM placements 2022 concluded with an average CTC of INR 11.30 LPA.  The academics are effective. You will learn through live projects and hands-on experience. It is a student-driven institute, during your MBA, you will get to learn each and every aspect of the industry. There are many academic and non-academic clubs at LBSIM, that help student lay off stress. LBSIM alumni are working at reputed companies like the Big four, Crisil, Marsh & Mclennan, etc. Read more
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Ques. What is the cut off for MBA at IMT Ghaziabad?

● Top Answer By Ankita Batra on 25 May 22

Ans. As per the latest trends, IMT Ghaziabad cutoff is as follows. CAT - 90+ percentile  XAT - 90+ percentile  GMAT - 650  There is no such sectional cutoff for IMT. Also, keep in mind the cutoff isn’t fixed. It changes each year, depending on the pool of students applying. IMT Ghaziabad decides on the cutoff after reviewing the application pool. 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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