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Introduction:
An MBA, or Master of Business Administration, is a globally renowned and prestigious degree that prepares students for careers in business and management. It is a two-year program divided into 4 semesters each with 6 months course in the field of Management. It’s often referred to as the “Science of Management.”
In Nepal, an MBA degree holds immense academic and professional value, making it one of the most sought-after educational paths for management graduates. This blog will discuss the key aspects of pursuing an MBA in Nepal, including the fee structure, admission requirements, and the career opportunities it offers.
So, Where to Pursue an MBA in Nepal?
The School of Management at Tribhuvan University (SOMTU) is the primary institution responsible for offering a full-time professional MBA program in Nepal. This two-year program consists of 60 credit hours divided into four semesters, providing students with a comprehensive understanding of business management and decision-making processes.
Understanding the Costs:
While the value of an MBA is undeniable, it’s crucial to be aware of the costs. MBA studies in Nepal can range from 4 to 10 lakhs. However, compared to other universities in Nepal, Tribhuvan University offers a more budget-friendly fee structure. For the exact fee details, visit SOMTU’s official website.
Objectives of MBA :
MBA programs at Tribhuvan University aim to:
- Produce professional business experts and dynamic entrepreneurs.
- Enhance career opportunities for students willing to create and manage their own businesses.
- Develop efficient managers with the skills and knowledge to lead in both the public and private sectors.
- Yield highly professional and educated managers capable of running small and large corporations nationally and globally.
Admission Requirements:
To join the MBA program at Tribhuvan University, applicants must meet the following criteria:
- Completion of 15 years of formal education (12 years of higher secondary education and a minimum of 3 years of a Bachelor’s program).
- A minimum CGPA of 2 or a 45 percent score.
- Successful performance in the admission test.
- Submission of the application form, transcripts, and a fee of NRs. 1000 to Global Bank.
Entrance Examination at SOMAT:
The admission process involves several steps:
- Application form distribution.
- SOMAT test (Written Entrance Test examination) – evaluating verbal and quantitative abilities.
- Personal interview.
- Final admission.
Semester Breakdown
Here is a semester-by-semester breakdown of the SOMTU MBA program:
| Semester | Courses |
|---|---|
| First Semester | – Managerial Communication |
| – Economics for Firm | |
| – Organizational Behavior | |
| – Financial Reporting and Control | |
| – Marketing Analysis and Strategy | |
| – Emerging Concepts and Issues in Management (Seminar) | |
| – Statistics for Managers | |
| – Managerial Communication (Practicum) | |
| Second Semester | – Data Management |
| – Management Accountancy | |
| – Business and the National Economy | |
| – Information Systems in Organization | |
| – Human Resource Management | |
| – Corporate Financial Analysis | |
| – E-marketing (Practicum) | |
| Third Semester | – Business Research Methodology |
| – Entrepreneurship and Small Business Management | |
| – Business Environment Analysis | |
| – Operations and Process Management | |
| – Concentration Area Course I | |
| – New Venture and Market Creation (Seminar) | |
| – Elective Course- 1 | |
| – Experiential Learning (Internship) | |
| Fourth Semester | – Graduate Research Project |
| – Strategic Management | |
| – International Business | |
| – Concentration Course II | |
| – Concentration Course-3 (Practicum) | |
| – Elective Course- 2 | |
| – Career Development and Self Marketing (Practicum) | |
| – Graduate Research Project |
Find the Top MBA Colleges in Nepal:
There are several different MBA programs available in Nepal, offered by a variety of institutions, including public and private universities. Some of the most popular MBA programs in Nepal include:
- School of Management, Tribhuvan University (SOMTU)
- Kathmandu University School of Management (KUSOM)
- Kantipur International College
- Apex College
- Ace Institute of Management
- Kathmandu Don Bosco College, affiliated with Purbanchal University.
- Presidential Business School affiliated with Westcliff University
- CG Institute of Management (CGIM), affiliated with Limkokwing University
- Kantipur Valley College, affiliated with Purbanchal University
- DAV College of Management, affiliated with Purbanchal University
- Excel Business College, affiliated with Pokhara University
- Birgunj Public College (BPC), affiliated with Purbanchal University
Career and Scope of MBA in Nepal
An MBA degree can open up a world of career opportunities in Nepal. Some of the most common jobs for MBA graduates in Nepal include:
- Management consultant
- Marketing Manager
- Financial analyst
- Human resources manager
- Operations Manager
- Entrepreneur
- Investment banker
- Business development manager
- Project manager
- Corporate trainer
Conclusion:
An MBA degree from a reputable institution in Nepal can be a valuable asset for your career. It can open up a world of opportunities and help you achieve your professional goals. Read more on GURUBAA
