MBA which stands for Master in Business Administration is a very globally renowned and prestigious degree. It comes under management field and can be called as Science of Management. In Nepal, MBA degree has great value both academically and professionally and It is one of the most preferred fields. The first choice of every management graduates is to pursue their career in MBA. The School of Management at Tribhuvan University (SOMTU) is responsible for operating full-time professional MBA program in Nepal. The Master in Business Administration program conducted by SOMTU is of 2 years consisting of 60 credit hours which has been divided in four semesters. MBA degree gives student opportunities to explore various requirements needed to handle, manage and improve their knowledge in business and other decision making process.
The cost of MBA is quite high compared to other fields of management. It requires generally 4- 10 lakhs for the MBA study. In comparison to programs of other universities in Nepal, the fee structure of TU is less. For full information of fee structure, one can visit the official site of SOMTU.
In order to join MBA program in TU, the applicants must have completed 15 years of formal education (12 years of higher secondary education and minimum 3 years Bachelors level program. Student should have scored at least CGPA of 2 or minimum 45 percent in order to be eligible for MBA program. The last and final decision is taken by considering the performance of applicant in the admission test. Candidate are required to fill all the necessary information regarding their personal and academic qualification. The application can be downloaded from www.somtu.edu.np, which is the official website of SOMTU. The full application along with the transcripts should be submitted to office in the given time. While submitting the application, the applicants need to pay NRs. 1000. The paid fee must be deposited in the Global Bank and the deposited voucher should be submitted along with application.
Entrance Examination schedule
Entrance Preparation for MBA:
In order to pass the SOMAT test which is like GMAT test, learners need to prepare very hard. They can either join any preparation classes by getting admitted in different education center or prepare themselves at home. These centers are available in different parts of the Kathmandu valley and outside it. If tutee choose to prepare by sitting at home then there are different SOMAT entrance books available in the market. Not only this, in order to boost the morale, the senior scholar of SOMTU conducted mock entrance test. Moreover, students can get different model admission question in the internet. The website like www.mba.com provides bundle of model questions and SOMAT practice tricks and techniques which can be very beneficial for fresher.
Master in Business Administration has become one of the most flamboyant programs in the world. It is one of those programs whose product is required in almost every field. It has tremendous scope nationally and internationally. Day by day, its scope is flourishing in Nepal as well. Some of the categorical scopes of MBA are:
Not only these, there are other fields where MBA graduates can choose to work and earn hefty sum of money. The scope of MBA in Nepal is also increasing and expanding rapidly.