MBA which stands for Masters 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. It is one of the most preferred fields in Nepal. 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 Masters 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.
Fee structure of MBA in Nepal:
The cost of MBA in Nepal is quite high compared to other fields of management. It requires generally 4- 10 lakhs for the MBA study. In comparison to courses 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.
Below is the list of colleges for MBA - Master of Business Administration program under Tribhuvan University in Nepal.
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. Students 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, students 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 students 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 of students, the senior students of SOMTU conducted mock entrance test. Moreover, students can get different model entrance question in the internet. The website like www.mba.com provides bundle of model questions and SOMAT entrance tricks and techniques which can be very beneficial for students.
MBA has become one of the most flamboyant courses in the world. It is one of those courses 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. It has become the hot cake of management. 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.