A standby mode screen display method for a mobile terminal capable of receiving and displaying a multimedia broadcast program and a mobile terminal thereof, includes a broadcast receiving module for receiving a multimedia broadcast program, a user input unit for inputting at least one search identifier associated with searching multimedia broadcast programs and a display mode identifier, a controller for comparing the search identifier with program guide information associated with multimedia broadcast programs to find a matching multimedia broadcast program received wirelessly from a remote location, and a display unit for displaying, as a standby mode screen, the matching multimedia broadcast program on the mobile terminal in accordance with the display mode identifier.