All About MBA in Nepal; options to study, average cost to study MBA in Nepal, job prospects after becoming MBA and many other details about the MBA course in Nepal.
Masters of Business Administration in short MBA is globally recognized masters degree. MBA comprises a number of subjects that are collectively known as Science of Management. MBA is one of the most popular and renowned degree in the world. MBAs are highly respected in every corner of the world. MBA has been the first choice for students in Nepal who want to make their career in the management and administration sector. MBA is the first choice of management students who want to make their career in business administration and management be it for other companies or starting their own startup company and managing it. MBA degree provides graduates/students with endless capabilities and expertise to run,manage and handle businesses and other factors that are involved in running businesses. MBA is intended for those who work in business and management and seeks career advancement, business ownership, or technical skills and business knowledge. Management areas include Human Resource Management, Operations Management, Marketing Management, Information Management, Financial Management, Strategic Management and Organizational Behaviors. The average fee for MBA in Nepal is 4 lakhs to 6 lakhs depending upon the college infrastructure and affiliation. The MBA under TU is relatively cheaper in compararsion with others Universities MBA programs in Nepal..
Types/specializations of MBA program and related degrees in Nepal
MBA is a broad discipline and a branch of Management which covers many different things related to business and Administration. With the latest development of different theories, technologies and advancement and change in the ways of doing things, MBA program is also made more flexible and specialized to cover the latest development and broadness in the Management and Administration. In very general prospective, MBA is broadly divided in two two categories; general MBA and Executive MBA (EMBA). But on the basis of specialty (major/concentration) and/or mode of delivery, the MBA program has been named or classified into different forms. Some of the common forms of MBA degree in Nepal that are common are: Evening MBA, Weekend MBA , MBA (Global Business), MBA (Finance), MBA (marketing), Online MBA to name a few.
In addition to the more common specializations, like economics, finance, and marketing, other specialization of MBA program include:
- MBA in Health Care Management
- MBA in Business Management
- MBA in Human Resources (HR)
- MBA in Marketing
- MBA in Communication
- MBA in Project Management
- MBA in Entrepreneurship
- MBA in Economics
- MBA in Global Management
- MBA in strategic/risk management
- MBA in IT Management
These are the general specialization of MBA which are widely popular these days. However, many of the popular MBA specializations are still new in Nepal and not yet implemented in the course structure of MBA colleges of Nepal. In many cases, you may also have the choice not to specialize. In this case, you receive an MBA without an specialization attached. This is also referred to as a General MBA.
Executive MBA in Nepal
The Executive MBA program has been among the most dynamic and fastest growing programs for business professionals as they help to expand their education and knowledge to take on higher roles within their organization. Also, EMBA program help executives keep themselves updated with the new management techniques and trends that arise with change in time and structures of business models. All Executive MBA programs are meant for students who are serious about their studies and career at the same time. Most students in the program have five or more years’ experience in management positions.
Various colleges in Kathmandu offer executive MBA (EMBA) programs. These programs are designed for ambitious professionals who have been working in middle to senior level position in relevant fields. Work experience is compulsory to enroll in the Executive MBA (EMBA) program. Some say that EMBA classes are not as deep as the average MBA class, but others argue the classes are faster pace, but all the same material is covered.
The classes for this program are run on a convenient modular basis, ideal for busy executives and active job holders. For example In KUSOM, EMBA classes run full day at Saturdays and one or two evenings on Sunday , Monday, Tuesday ( 5.30 pm to 8.30pm). Other institutes also have similar flexible course hours.
The average cost to complete MBA in Nepal is between 4-7 lakhs. Many organizations sponsor their employees (generally management employees) to take this program in exchange for agreed duration of service from them.
Evening MBA in Nepal
Evening MBA or MBA evening is the MBA program which is designed for students who want to continue their studies along with job or other engagements during the daytime. Basically the classes are conducted in evening from around in-between 5pm to 9pm with slight different schedules depending on colleges. The course are covered by this program is almost identical to the regular MBA. To cover the reduced class hours, evening MBA are of longer duration than other MBA. In Nepal, almost all evening MBA programs are around 3 years of duration.
In Nepal MBA is running under two categories:
- By taking affiliation from domestic Universities like TU, Kathmandu University, Purbanchal University, Pokhara University etc.
- By taking affiliation from foreign Universities.
Online MBA or distant MBA , weekends MBA are not much popular in Nepal.
List of MBA colleges in Nepal outside Kathmandu:
Almost all of the MBA colleges are concentrated in the Kathmandu Valley. There are only few colleges that run the conduct the MBA program in Nepal except Kathmandu.There are only few MBA colleges in other large cities of Nepal like Butwal, Pokhara, Biratnagar, Nepaljung and other suburbs of Nepal. We are currently gathering the data of colleges that conduct MBA/MBA programs and update this section with list of MBA colleges in Butwal, MBA colleges in Biratnagar, MBA colleges in Pokhara, MBA colleges in Nepaljung, MBA colleges in Western Nepal and other demographics. If you have any information regarding the MBA colleges in Nepal please write to us.
Related article on benefits of getting a MBA degree: Benefits of getting MBA degree.
Scope of MBA in Nepal
There is a bright future prospect of MBA in Nepal. The scope of MBA is vast and expanding in all areas of business and management. MBA graduates are hired to manage and run all sort of businesses and organisations like profit seeking industries, Not for Profit Organisations (NGOs) ,government offices, financial institutions (banking, insurance, stock broker firms), international projects etc. With the slight increase in development activities and signals of boost in economy, MBA graduates are starting to enjoy a good salary and career enhancements. With the increased competition and expand in private sector in economy , each organisation be it small or big require a good administrator and manager to stand out in the competition. These level of administrative skills and managerial skills are the main charm of MBA graduates hence increasing the sell-ability in the local market. So the scope of MBA in Nepal in terms of carrer prospects and professional development is increasing and expanding.
Master of Business Administration (MBA) Program at Tribhuwan University
The MBA program is implemented by the autonomous School of Management (SOM) on a full time basis. The program’s focus is on developing managerial and entrepreneurial capabilities of students through the curricular and co-curricular activities.
School of Management at Tribhuvan University (SOMTU) is responsible for operating full-time professional MBA program. The SOMTU MBA program is a two-year course of 60 credit hours which spread over four semesters. Tribhuwan University claims that its curriculum has been designed with the components that involve course works, practicum, internships, and research projects.
MBA of TU is regarded by most students and professionals as the best master’s degree in Management faculty to achieve in Nepal or simply the best MBA in Nepal. There is a tough competition to get admission in the TU MBA program. Few candidates are selected after a series of tests and interviews to enroll in the MBA program. In each intake SOMTU will admit a total of 35 students (30 for regular students and 5 allocated for the Corporate Sponsored and Foreign student quota.
MBA in Global Leadership and Management
The MBA in Global Leadership and Management program seeks to develop professional skills in students needed to successfully lead an organization in a global environment. This is a degree program of the School of Management (SOM), Tribhuvan University (TU) in association with the School of Management & Economics, Graduate School of Global Management and Leadership, Handong Global University (HGU), Republic of Korea. The Program will be based on the MOU signed between TU and HGU.
Cost of Tribhuwan University MBA program (As of 2016 AD):
The program cost per student will be Rs. 385,000 for the two-year program for regular students and Rs. 495,000 for sponsored and foreign students. This is in the line(or slightly lower) with the average cost to study MBA in Nepal concidering different colleges and different Universities. Each student shall pay all fees due for a semester at the beginning of the semester.
The breakdown of the semester wise fee will be as follows:
First Semester Fee Admission Fee: Rs. 35,000 Semester Charges & Tuition Fee Rs. 87,500 Payment at the time of admission Rs. 122,500
Second Semester onwards Semester Charges & Tuition Fee Rs. 87,500 Total fee to be paid from second semester to fourth semester Rs. 87,500 per semester.
Eligibility for the SOMTU MBA program:
The applicant to the MBA program must meet the following minimum requirements to be eligible to apply for the MBA program:
-A minimum of 15 years’ formal education (12 years of schooling plus three years of graduation).
-Must have secured a minimum CGPA of 2.0 or 45 percent in Bachelor’s level.
The final decision on admission is taken on the basis of performance scores of an applicant in the admission tests.
Admission Tests to get admission in the MBA program of TU
SOMTU shall conduct a four stage admission tests for appropriate screening of applicants. The applicants shall be screened in each of the stages.
Written test: This test will be based on the SOMAT format. The duration of the test will be 3 hours and 30 minutes.
Group discussion: Groups discuss on a given topic. Performance of applicants is recorded by a panel of judges based on leadership, logic, and conclusions.
Individual presentation: Applicants present their views and opinions on a given topic to the panel of judges.
Personal interview: Personal interview to measure applicants motivation level, attitude and capability to handle the pressure and rigors of the MBA program. SOMTU has the final authority in selecting the students for the program
For more information and details about the MBA in Nepal at Tribhuwan University: Faculty of Management Studies
When it comes to MBA in Nepal many students think of KUSOM in the first place. This is due to the ling and handsome history of MBA programs conducted by Kathmandu University. The MBA program of Kathmandu University is widely respected not only in Nepal but also in abroad.
TOTAL COST OF MBA PROGRAM AT KATHMANDU UNIVERSITY
Total cost to complete MBA at Kathmandu University is approximately Rs. 400,000 (according to KU website as on February 2016)
The breakdown of total cost of MBA package at KU:
• RS 10,000- caution money. This will be returned to students after completion of the MBA program.
• The total amount can be paid in 12 Installments.
The above cost is for Nepali citizens only. There is a different fee structure for foreign students to study MBA at Kathmandu University.
*For Students from SAARC countries, one and half times of the normal fee;
*For students from other countries, double the normal fee.
These expenses are solely for the academic package and do not include cost of books and stationary, accommodation, or any other personal expenses.
Kathmandu University school of management has the rights to change the fees without prior notification.
MBA CURRICULUM AT KUSOM, NEPAL
The MBA curriculum of KU is designed to enrich students in both theoretical and practical knowledge in management while helping them to enhance the depth and breadth of their managerial capabilities.
Five structured levels of courses that lead to MBA degree are:
For Regular MBA For Specialist MBA
• Foundation [14 Credits]
• Management Core [21 Credits]
• Integrative [9 credits]
• Concentration [12 Credits]
• Elective [4 Credits]
• Experiential Projects (Practicum) [2 credits] • Foundation [14 Credits]
• Management Core [21 Credits]
• Integrative [9 credits]
• Concentration [17 Credits]
• Elective [2 Credits]
• Experiential Projects (Practicum) [2 credits]
At KU, a student is required to complete altogether 30 courses totaling 62 credit hours to get the MBA degree. Students have the option of taking additional specialization courses earning up to 65 credits to earn a Specialist MBA degree.
In each term the faculty members responsible for the course do evaluation of academic performance of students in each course offered. The academic performance of the students will be judged through:
• Continuous In-term Assessment and
• End-term Examination.
The Continuous In-term Assessment of the student will be made by the concerned faculty member in any or a combination of
• Written test
• Quizzes and oral test
• Workshop practices
• Term paper
• Project work
• Case studies, analysis and discussion
• Open Book test
• Class participation etc.
The KUSOM MBA program is an intensive two-year course spread over six terms of full time study. In the first year students complete three terms, each lasting 14 weeks involving intensive class-room study and practical business projects. In the second year, they complete three terms with an option of doing dual specialization and earning more credits in their area of concentration. They may also choose more electives for broadening their managerial competency base. During the entire sixth term, students work as management interns in organizations for hands-on experience of management in real time.
The annual cycle of KUSOM MBA program is as follows:
• Spring Term (February to May)
• Summer Term (June to September)
• Fall Term (October to January)
MBA ADMISSION PROCEDURE AND REQUIREMENTS AT KU
The minimum criteria to get admission in MBA program at Kathmandu University are:
– A Bachelor’s degree of at least three years’ duration in any discipline.
– Minimum of 50 percent marks in aggregate or 2 CGPA (from universities approved by Kathmandu University).
Formal Admission process for MBA in KU takes place in
– December-January for the Spring Term and
– August – September for the Fall Term.
Selection of the candidates for admission in MBA program at KU is based on:
– Scores on the KUSOM Management Admission Test (verbal and quantitative reasoning, data interpretation, and proficiency in English language),
– written English test, group discussion, and personal interview; and
– Merit of academic attainments up to the undergraduate level
source: Kathmandu University, http://www.kusom.edu.np
Admission Procedure for MBA in Nepal at Pokhara University
An eligible candidate applying for the MBA program at Pokhara University has take a written Entrance Examination and a Personal Interview. The judgement for admission will be based on various factors along with the performance in written test and Interview. The candidate will be offered admission according to the merit list published on the basis of student’s past academic performance, entrance examination and the personal interview.
Eligibility for Admission in the MBA program at PU
The applicant must have a minimum of 15 years formal education (12 years of schooling plus three years of graduation) having a minimum CGPA of 2.0 or 45 percent in Bachelor’s level in any discipline.
Required Documents for Admission
The applicant is required to submit the following documents with the duly completed and signed application form:
• Two passport size photograph
• Official attested copies of certificates and transcripts/mark-sheets of all the relevant academic qualifications
• Migration certificate
• Application processing fee of Rs. 1000/-
Pokhara University affiliated colleges for MBA are:
The following colleges are conducting MBA in Nepal under the affiliation of Pokhara University. The list is not exclusive/complete list.
- Uniglobe College
- Pokhara University-Faculty of Management Studies
- Ace Institute of Management
- Apex College
- South Asian Institute of Management
Click on the tabs above to know more about MBA program of Tribhuwan University, Kathmandu University, Pokhara University, Purbanchal University and foreign University affiliated MBA programs.
MBA Colleges in Nepal which are running MBA and EMBA with affiliation from Foreign Universities along with their address are:
Affiliation: Sikkim Manipal University (India)
Lord Buddha Education Foundation (LBEF), Kupondole, Patan
Affiliation :Indira Gandhi National Open University (IGNOU) (India)
International Center for Academic College of Distance Education & Online Studies(ICA), Gyaneshwor , Beside German Embassy, Kathmandu
Affiliation: Bharathiar University (India)
→ Institute of Banking & Management Studies, Bag Bazaar Rd, Yeti Plaza, Opposite Padma Kanya Campus, Bagbazaar, Kathmandu
Affiliation: Westcliff University (USA)
→ King’s College, Babarmahal, Kathmandu
→ Presidential Business School, Gautam Buddha Marg, Kathmandu
Affiliation: International American University (USA)
→ Nova International College, Minbhawan ,Kathmandu
Affiliation: Vinayak Missions University (India)
→ KFA Business School, Mid-Baneshwor
Affiliation: University of Madras (India)
→ Welhams College, Lagankhel Satdobato Rd, Patan
Affiliation: Queen Margaret University, UK
→ Ace International Business School, Sinamangal, kathmandu
Affiliation:Shinawatra University, Thailand
→ Global College International, Binayak Marg, Kathmandu
Affiliation: Asian Institute of Technology (Thailand)
→ Asian Institute of Technology and Management, Godawari Sadak, Kathmandu
Affiliation: Lincoln University (Malaysia)
→ Phoenix College of Management, Anamnagar Bridge, Bijulibazar
Affiliation: Limkokwing University of Creative Technology (Malaysia)
→ CG Institute of Management (CGIM), Minbhawan, Kathmandu
Affiliation: The University of Northampton, UK
→ Naaya Aayam Multi-Disciplinary Institute (NAMI), Jorpati-Sundarijal Road, Kathmandu
Affiliation: Leeds Beckett University, UK
→ British College, Thapathali, Kathmandu
Purbanchal University affiliated colleges for MBA are:
- Presidency College Of Management Sciences
- Zenith International College
- Kantipur Hotel Management & Interior Design College
- Kathmandu Don Bosco College
- Novel Academy
- DAV College
- Topper Management College
- White House Graduate School of Management
Forum for MBA in Nepal and similar courses
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