What is Dual MBA: Course, Salary, Scope, Fees, Benefits, Career, Jobs, Syllabus, Eligibility & More

Dual MBA Degree – Overview

Today, the fastest way to finish two master's degrees is with a dual MBA. It's a great method to receive the dual disciplines through an integrated 2 years curriculum. An mba dual specialization course degree combines another master's degree to improve the status of a student and gives them greater knowledge and abilities in a specific area of interest. It also combines two-degree programmes with a focus on two fields of study, saving time and money.

Since core courses from a one-degree program can be used as electives in the other, a student can get two master's degrees through a dual MBA course in less time than if they pursued each degree independently. Therefore, whichever pathway a student chooses, earning a Dual MBA degree is indeed the recommended way to make a good career.

Do you intend to get your Master of Business Administration? Do you possess a diversified range of academic interests? Do you pursue two degrees simultaneously? A Dual MBA degree is the ideal degree for you. So, let’s continue reading the blog to know more about the Dual MBA degree.

Dual MBA Course Objectives

To solve business problems, use your knowledge of organizational theories and techniques.
Develop skills in critical and analytical thinking for decision-making based on evidence.
To develop value-based leadership skills.
Ability to comprehend, evaluate, and convey business-related geopolitical, financial, regulatory, and ethical issues.
To evaluate possibilities and obstacles on a global scale to support a firm's growth through tactics like mergers, acquisitions, foreign expansions, and new start-up development.
To use a methodical, analytical decision-making process to use practical and conceptual business knowledge to identify and resolve organizational issues.
To enable the students to exhibit the ability to identify and organize data; synthesize and analyse to abstract meaning from information, to share knowledge with the key stakeholders.
Show critical awareness of contemporary business and management concerns, as well as the ability to drive research and practice.
Fostering the knowledge, abilities, and attitudes necessary to operate globally.
Building conceptual and practical knowledge-based critical and advanced cognitive skills to address difficulties in corporate management
Educating the general public and promoting awareness of the consequences of administrative decisions in a socio-environmental context.

Dual MBA: Course Highlights

Dual MBA Course Duration

The dual MBA degree simplifies two-degree programmes while focusing on two topics. According to the curriculum and the university, the Dual MBA Degree program is typically for 2 years. In the 2nd year, students get to choose their major specialisation.

Dual MBA Course Eligibility Criteria

The following academic requirements and a strong performance on any of the MBA entrance exams are required for applying to the Dual MBA course:

A minimum cumulative percentage of 50% in any subject from any accredited college is required for graduation.
The applicant should have taken and scored well in any one of the CAT, XAT, CMAT, or MAT exams.
Students in their last year are also eligible.
Dual MBA Admission Process

The steps involved in admission to the Dual MBA program are:
The CAT, MAT, XAT, and CMAT scores are acceptable.
Applicants must take an entrance exam for college.
Shortlisting for the next stage of admission (GD-PI) depending on the score.
Candidates who have been shortlisted may show up for GD/PI.
Based on the performance in the aforementioned components, final results will be announced.

Dual MBA Course Fees

The dual MBA course fee is determined by many parameters, including campus amenities, placement aid, extracurricular activities, accolades and achievements, student training programs and many more. So, take note that the fee plan will always vary. However, the starting annual tuition fee for a best private University In India is INR 95,000 and above.

Dual MBA Syllabus

The curriculum for the MBA Dual Specialization differs from university to university or from institute to institute. The curriculum of the course is divided into four semesters, and graduates will leave with a comprehensive knowledge of business public investment, economics, and marketing operations in addition to a wide range of practical skills.

The program makes sure the students are prepared for the workforce in a variety of fields. The MBA Dual Specialization course syllabus includes the following topics and subjects:

Management Principles Managerial Communication
Quantitative Organizational Behaviour Techniques for Business Decisions
Analysis of the Economy for Business Decisions
Modules for Personality Development
Business Law Business Research Techniques
Policies for Doing Business Overseas
Entrepreneurship Development and more.

What are Dual MBA Specializations?

In India, many different types of Dual MBA specialities cater to the needs and expectations of different businesses. These programmes might be full-time, part-time, online, executive, or correspondence-based.

A list of the most popular MBA dual specialisations offered by the top universities in India are:

Financial and marketing
Operations and HRM Marketing and HRM
Marketing, operations, and organisational leadership in human resources
Finance and management accounting
Taxation and Accounting
Finance and Analytics
Marketing and Analytics
Accounting and Analytics
Security online and logistics

Salary After Dual MBA Course in India

The range of opportunities for Dual MBA professionals has drastically changed due to the quick change in industries. The highest paying positions in India after an MBA typically pay between Rs 4,00,000 and Rs 32,00,000 a year, depending on the candidate's preference for the industry and expertise.

Dual MBA Future Scope in India

The scope of dual specializations in MBA is much wider and offers increased value for money. Employers would be very interested in hiring students who know multiple fields once they have completed their dual education.

Dual specialization graduates have a wider range of opportunities in various sectors, as studying more than one specialization; would make them eligible for a variety of roles offered in the corporates.

A Dual MBA degree would broaden students' horizons by allowing them to work in several industries, handle a variety of tasks, and be more adaptable. It increases the advantages of earning an MBA and gives graduates an edge over other MBAs.

Career or Jobs Opportunities after Dual MBA Degree

Multinational corporations are seeking applicants who are adept at juggling several tasks and have gained knowledge of the organization's various departments and overall business operations.

A Dual MBA professional will undoubtedly improve your career trajectory, but it also depends on the specialisation you choose. Your MBA dual specialisation will provide you with priceless employment chances that will enable you to create your ideas and achieve primary goals in corporate administration and help you win the competition.

Some of the career opportunities after a Dual MBA Degree are-

Product Manager

Product managers provide the in-depth experience necessary for the creation of a marketable product and assist the company in achieving its goals. Based on consumer expectations, they also conduct a competitor analysis and develop a road map that results in a value-added product. Product managers manage the product line or portfolio for maximum productivity and revenue by analysing consumer feedback.

Human Resource Manager

The administrative tasks of a company are planned, directed, and coordinated by the human resource manager. They oversee the hiring, interviewing, and onboarding of new employees; they advise the top management on strategy development, and they establish a connection between management and personnel in a business.

Marketing Manager

Marketing managers advertise companies, products, services, or brands. They create pricing and marketing plans, create new client leads, and run promotional campaigns. They direct the development of fresh brand messages, ad campaigns, and marketing plans. They are involved in creating estimates and budgets for marketing strategies, submitting them for approval, and working with advertising companies. They also plan contracts for sales and promotions and update marketing campaigns.

Financial Manager/Analyst

The daily operations of a company depend heavily on financial analysts. They carry out quantitative evaluations of data influencing the investment strategies of private or government organisations. Monitoring a corporate accounting performance concerning a plan, forecasting operational efficiency and competitive dynamics, and assisting senior management with operational and strategic decisions are all responsibilities of financial analysts.

Business Analyst

Business analysts support organisations as they expand and tackle new obstacles to better serve their clients and customers. A business analyst's main responsibility is to implement changes inside an organisation. Business analysts must have a comprehensive understanding of documentation and compliance standards, key success drivers, and performance metrics, as well as broad expertise in financial assessment, budgeting, and forecasting.

How to Choose Top Dual MBA College?

Colleges always boast of some high-ranking ranking in the education sector. All the dual MBA colleges are of excellent quality, and you must evaluate them before enrolling on a dual MBA course.

For the best dual MBAs, your goal should be to find a well-ranked university. There are certain aspects which make the university top-ranked. These aspects are a good institute, number of affiliations, infrastructure, faculty members etc. Apart from these, there are many criteria which can help you in the selection of the best dual MBA colleges. They are-

Evaluate the Accreditation
Know the Campus Life
Check the Alumni
Check the Placement
Check the Online Reviews

Top Companies Hiring Dual MBA Graduates

A dual MBA degree is consistently regarded as a rewarding professional degree that opens doors to a wide range of managerial roles. These multinational MBA recruitment firms visit reputable MBA universities to recruit qualified and capable workers for their organisations with prospects of significant pay and perks.

Top global recruiters are:

Amazon
Apple
BCG
Deloitte
JP Morgan
Microsoft
Morgan Stanley, etc.

Top Indian companies are:

Tata Consultancy Services
Reliance
Cognizant
Wipro
ICICI Bank, etc.

Benefits of Doing Dual MBA Course

The most important thing which a student should get after he or she has completed graduation is an excellent job. For a well-accomplished person, getting a job is not at all that tough. Because of this, graduates who wish to improve their career in some way opt to get a job with an MBA in hand. Now, let us understand what are the other benefits of earning a Dual MBA degree:

Market Trends

Market trends have long influenced how people choose their careers. If so, it would be wise for you to strategically choose a dual specialisation, as this gives you more career options. With a broad range of skills, you will be able to benefit from market trends instead of falling victim to them.

Career Flexibility

Choosing a dual specialisation programme gives you the flexibility to consider various job alternatives. Students are given the necessary tools for the job, giving them an advantage over other degree holders. In terms of subjects and corresponding abilities, they acquire a wealth of knowledge.

Networking Prospects

Throughout their education and internships, MBA Dual Specialization students have the opportunity to expand their professional networks. This offers their professional network a head start, enabling them to be strong leaders and entrepreneurs.

A Competitive Edge

An advantage for entrepreneurs is provided by a dual specialisation degree, which gives students knowledge of many disciplines and teaches them how to handle challenging situations while taking into account the difficulties that businesses confront.

Job Security

Having many skills raises your chances of finding employment and boosts your level of job security. Apart from assuring employment security against job cuts, this will improve your work performance.

Required Skills for Dual MBA Course

Skills are a valuable asset which can be used to obtain a higher salary and better career prospects. These skills come from the actual coursework required for your Dual MBA. While some of the skills can be learned on your own with other resources, others will require some sort of external input. Some of the skills are:

A strong command of the English language
A strong command of computer and web technologies
An ability to do complex computations
An ability to think critically
Strong network-building skills
Good managerial skills
Good team player
Ability to adapt
Entrepreneur skills

The more skills you have, the higher your salary, so these skills form an important part of a student’s CV. Some useful skills that you can bring to any job you take are listed below. These skills make you more employable, as they allow you to excel in your work.

Dual MBA Degree: Related FAQs

Q1 - What is the qualification for a Dual MBA?

An applicant must complete the 10+2 grade and earn a graduate degree in any field from an accredited university with a minimum score of 50%.

Q2 - Is Dual MBA a good course?

Students who are interested in a comprehensive educational model have a promising opportunity due to the MBA dual specialisation. Since it is a professional degree, its focus on employment is very strong.

Q3 - Which entrance exam is needed for a Dual MBA?

For admission to the Dual MBA program across the nation, candidates must pass the Management Aptitude Test (MAT), a national management entrance exam. Other exams that one can apply for are CAT, CMAT, XAT, NMAT, SNAP, ATMA, and GMAT.

Q4 - How hard is Dual MBA?

In comparison to any technical subject, the Dual MBA degree is simple. It equips you with a wide range of useful skills and professional experience, as well as a thorough understanding of topics like finance, economics, and marketing.

Q5 - Is there a good career after a Dual MBA?

Candidates seeking an intriguing and demanding career in management should choose a dual specialisation. Gaining additional skills and expertise is necessary to secure a successful and well-paying career, and MBA dual specialisation helps professionals obtain a competitive advantage in the job market.

Q6 - What is the course duration of a Dual MBA?

The duration of the Dual MBA course is 2 years.

Q7 - What job can I get after a Dual MBA?

Depending on your interests and the MBA concentration you chose, you could work in the industries of financial services, consultation, advertising, manufacturing, information technology, talent management, corporate development, and data management after earning your MBA.

Key Takeaway-

Today, a Dual MBA is considered to be the best educational programme which helps in easily achieving better professional goals. With the changing times, the importance of a Dual MBA is increasing every day.

Having a Dual MBA degree will help you in making a career in the most competitive business environment of India and globally. In a Dual MBA programme, you can select from a variety of disciplines based on your interests. One has a range of chances and career options if they choose to pursue two distinct specialisations throughout a single tenure. As students, you would be able to select from a variety of disciplines that could best fit your interests. With the possibility to choose two specialisations throughout one academic year, students have more prospects and career options. Therefore, pursuing a degree in Dual MBA degree is the absolute degree course!

So, get in touch with our admissions counsellor today if you want to acquire corporate expertise and keep up with the competition. Visit www.mangalayatan.in for kore details.