Updated On - October 14th 2019, Updated By - Sumithra

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MBA Business Forecasting Our life is a journey which is full of uncertainties you never know what may happen with you tomorrow and the same level of uncertainty is associated with the business as well. Money and the element of risk are directly proportional to each other, as the level of risk in the business increases the profit also increases. If you look at any business from the point of view of merchant then you will come to know that the main objective is to minimize the risk and maximize the profit. In order to fulfill this requirement of the business, we have an MBA Business Forecasting.

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Course NameMaster of Business Administration (MBA) in Business Forecasting
Course LevelPG
Course EligibilityGraduation with  a minimum  50% aggregate
Examination TypeSemester System
Course DurationTwo Years
Admission ProcessCounseling after taking an Entrance test
Course Fees2 to 20 Lacs
Average Salary3 to 8 Lacs
Major Entrance TestsCAT, CMAT, XAT, MAT, SNAP, etc.

A Short Introduction to the Curriculum

Over the period of time, several new and advanced methods are developed which minimizes the element of risk. Forecasting is one such technique which is based on the study of past data. The job of the Forecasting team is to analyze the behavior of the market and prepare strong plants to face any unfortunate event. After completing the Master of Business Administration Business Forecasting you are expected to work for the perfect planning of different corporate activities like- production, distribution, sales, profit, etc.

High lights of the curriculum

  • The duration of MBA Business Forecasting is 2 years.
  • In most of the institutes, the fee for this course is 2 to 20 lakhs.
  • In order to take admission in the best colleges in the country, you must appear in the management entrance exams like- CAT, CMAT, XAT, MAT, SNAP, etc.
  • Along with that, you must score a minimum of 50% marks at the graduation level, for SC/ST students the minimum cutoff requirement is 45%.
  • In order to pursue the Master of Business Administration Business Forecasting, you must have mathematics as a subject at the 12th level.
  • If you have prior practical experience in the relevant field then it would be add on.

Which institute should be selected?

In our country, you may find several institutes we have the faculty of MBA Business Forecasting but only the best institutes can provide the required skills and help you get a commanding position in a well-known organization. The institute plays a very crucial role during the placement time. Some best institutes you may consider for Master of Business Administration Business Forecasting are-

  • Indian Institute of Management (IIM),Bangalore
  • SP Jain Institute of Management and Research, Mumbai
  • Indian Institute of Technology (IIT),Roorkee
  • Indian Institute of Management (IIM),Ahmedabad
  • Xavier School of Management (XLRI),Jamshedpur
  • Indian Institute of Management (IIM),Indore
  • Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur
  • Indian Institute of Management (IIM),Tiruchirappalli
  • Rajiv Gandhi Institute of Management, Shillong
  • Department of Management Studies, Indian Institute of Technology (IIT),Madras

In short, I just wanted to tell you that you should prudently select the best institute on the basis of previous placement records, international ranking, practical exposure and the experience of the faculty team. Once you get admission in the best institute of our country then it will provide a pavement to your shinning carrier.

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