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Hi,
Management quota is a way to get admission in a college by paying huge amount of money even if you are not eligible to get a seat there. People with more money tend to admit their wards in reputed institutions by paying a lot of money. It will be around 4-6 lakhs per annum or even more. But the regular fee of the college could be only 1- 2 LPA.
It also happens in some colleges where even if you have written their entrance exam and got a low rank which is not enough for admission.
I think only private colleges/universities have this way. Mostly government will not have and the highly reputed institutions like IITs, NITs, etc. also don't have this way.

If you are interested to join MBA courses and want to make your future in management then you should think and analyze and search that which MBA stream is required in market which means you should go for that course which is most required in academic, professional and job field that presently MBA is mostly required in Banking and Finance for banking jobs in both private and government sectors but there is almost no stream for you better than MBA in Agribusiness management and when you are from science stream then you must go for agriculture and you may make your career brighter in future.
You will have to prepare for CAT/MAT/CMAT exams to get a good university to complete this MBA
All the best

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