MBA Business Forecasting Admission 2023 | Top Colleges, Eligibility & Fee.

MBA Business Forecasting Admission 2023: MBA Business Forecasting Postgraduate course that comes under the management stream. The completion duration of the course is 2 years. The course covers a wide range of subjects and approaches to business forecasting. This course teaches students how to analyze the present and past trends of the business world and make business future decisions outcomes. Graduate Degree with a minimum 50-55% relevant stream are eligible. 

MBA Business Forecasting admission is mostly available in regular mode but some universities also provide courses through online mode. The total fee for this course is INR 40,000 to INR 2,00,000. In the professional field, the average salary is INR 3 LPA to 20 LPA. This field’s concepts are useful when estimating a wide range. It includes decision-making and solution for social issues. 

MBA Business Forecasting about

• MBA Business forecasting is used to predict or estimate the future outcomes of the business, like profit and losses.

MBA Business Forecasting Admission Overview

MBA Business Forecasting Admission 2023

The admissions of MBA Business Forecasting are made through conducting MCQ’s based entrance exams. The enrollment is awarded based on the aggregate secured in the entry test.

MBA Business Forecasting admission is mostly available in regular mode. Some colleges also provide online classes for this MBA specialization. Business Statistics, Industrial Economics, Forecasting Principles, Financial Management, Business Strategy, and Time Series are the topic covered in this program.

Eligibility for MBA Business Forecasting Admission

• All aspirants must have a UG degree in a relevant stream. A min of 50% mark is mandatory for all.
• UG degree must be obtained in Commerce, Mathematics, statistics, and economics.
• The selection criteria include the entrance exam along with PI and GD in most cases.
• The most recommended and top colleges to apply for admission are IIMB and IIMC.
• Almost all institutes provide admissions through XAT, CAT, MAT, or NMAT entrance exams.
• The approximate amount of the course fee is ranging in between INR 40,000 to INR 2,00,000.

Entrance Exams of MBA Business Forecasting Admission

• IIFT MBA (IB) Entrance Exam
• IRMA Social Concern Test
• KIITEE Management Entrance Examination for KSOM MBA
• Karnataka Management Aptitude Test (KMAT)

MBA Business Forecasting Admission Fееѕ іn Indіа

• The course tuition fees are rising from INR 2 to 8 Lakhs.

MBA Business Forecasting Admission Career Opportunities

• The job sectors are Insurance, Banking, Consumer Goods, Financial Services, e-commerce, Retail, FMCG, IT, and Manufacturing. Job positions in these sectors are Forecast Analyst, Data Analyst, Business Analyst, and Market Researcher. Higher study options for students after this course are MPhil and Ph.D. One can also conduct research in the academic field. If anyone does not want a job, they can start their own business after completing their MBA-BF.
• The successful postgrads of MBA Business Forecasting can find vacancies in both government and private sectors.

Salary Packages іn Indіа

• The salary packages offered to business forecasting professionals range from INR 3 to 20 Lakhs/annum.

Types of Cоurѕе

• Full-time: This is a full-time professional postgrad course.
• Part-Time/Online: This is not offered in DL/Online learning modes.

Top Suggested University in India for MBA Business Forecasting Admission