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Every aspiring entrepreneur’s dream is to get a good MBA degree from a distinguished university. Over the last few years, this course has become quite popular among Indian students. With the country’s ever-growing industrial and business sectors, plenty of business management jobs are available now. Over 5000 MBA Colleges in India (both public and private) have been established to take this degree to the next level by offering multiple specialisations. What makes it so popular is the ease of applying. Graduates as well as working professionals belonging to any stream can apply for this course and take the appropriate entrance test, as long as they meet the minimum eligibility criteria such as age, academic qualifications, and nationality. An MBA graduate can earn twice as much as a student with a regular B. Com or B.Sc. degree would. Keep reading this article to discover the top 10 institutes for an MBA course in India and all the associated details.
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CAT, XAT, SNAP, CMAT, NMAT, IIFT, MAT, and other MBA admissions exams are offered by many universities, and thousands of candidates take them each year. The most common MBA entrance exams that students are required to take are as follows:
This is not only the best among all the IIMs, but also the best of its kind in the country. It is a government college. Built in 1961, this institute has been tagged as one of national importance by the Government of India. It is located in Vastrapur in Ahmedabad. The accepted exams are CAT for Indian students, and GMAT Or GRE for foreign candidates. It offers MBA and Executive MBA programs, both for 2 years. The total fee for the course is 23 lakhs. The placements at this Institute are good, with its top recruiters being Samsung Electronics, HUL and CK Birla Group. Highest salary package offered is 40 lakhs and the average is 25 lakhs. This Institute offers top-notch academic and professional growth to its students and has one of the finest faculty among all IIMs. The Institute hosts several exchange programs every year, with students getting a chance to visit over 78 business schools in Europe, Africa, Australia, and North America.
IIFT is one of the premier institutes in the country for MBA. It is an autonomous public business school established by the Government of India. The institute conducts an entrance exam, IIFT, and accepts scores of no other exams. All candidates willing to join the institute must sit for the IIFT exam and meet the cut-off in order to get admission. Besides MBA, a few advanced courses offered at the institute are International Trade Operations and Documentation, Trade Analytics etc. The course curriculum is diverse and includes topics taught at international levels, providing students with all the exposure they need to become successful managers or entrepreneurs. The MBA course is of 2 years, and the total fee is around Rs. 15 Lakhs. With over 103 companies participating in the placement sessions every year including some very reputed ones like Dabur, Google and Philips, the average salary offered is a good Rs. 20.48 Lakhs.
This school, located in Andheri, Mumbai, is a private institute founded by the Bharatiya Vidya Bhavan. The entrance exams accepted are CAT, GMAT, NMAT and XAT. The cut-off percentile is typically around 85, making the admission process highly competitive. The average fee for this course is around Rs. 17.50 lakhs. The average CTC offered to students in 2021 was Rs. 26.06 lakhs, while the highest was Rs. 46.6 lakhs. The top recruiting companies are Infosys, Microsoft and TCS. The institute offers 7 total programs in management. The institute has been recognized by the All India Council for Technical Education (AICTE) and accredited by the NBA (National Board of Accreditation) as well as the Association of MBAs (AMBA) in the UK. Its NIRF ranking is 19. Its collaborations with some top business schools for its research and other programs, such as Energy Delta Institute, Oxford Institute for Energy Studies (OIES), Nyenrode Business University and International Energy Agency makes it one of the best and most trusted institutes in the country.
A private institute established in 2001, IBS Hyderabad is the dream institute for MBA aspirants. It has two branches, one in Hyderabad and the other in Mohali, Punjab. Interested candidates can appear for the GMAT, NMAT or GRE exams to get a seat in this institution. The MBA program costs between Rs. 30.26 lakhs to Rs. 47.35 lakhs. The average package offered here is Rs. 25.06 lakhs, with Wipro, PepsiCo, Amul and TNS as the top recruiters. Both boys’ and girl’s hostels are available. They come with all amenities like high-speed internet, common rooms, water filters and coolers. The college campus is huge and can accommodate over 1000 students. There is a gym, a library, a medical hospital, and an auditorium, among other facilities. Students are encouraged to actively participate in sports and both indoor and outdoor gaming areas. The college infrastructure is highly advanced, and the campus is equipped with high-speed internet and best computers.
SIBM has been recognized as one of the best MBA institutes in India and has maintained a consistent ranking among the other top institutes. It conducts its own entrance test, called SNAP (Symbiosis National Aptitude Online Test). The total seats available are 180 and the course costs Rs. 19.20 Lakhs. Some other quality courses offered by the institute are Executive MBA, MBA Innovation and Entrepreneurship, and MBA Leadership and Strategy. The average placement package is around Rs. 20 lakhs, which is quite impressive. It has many prestigious companies in its top recruiter list, like Wipro, Hindustan Unilever Limited, ITC Limited, Titan, Adani and Accenture. There are several active clubs in the college, which ensures the holistic development of each student along with good performance in academics. The faculty is highly experienced and skilled.
Here's a list of management schools in India that accept international students, along with some additional information to help you make a more informed decision.
College | Course Fee (INR) |
Rs. 25.80 Lakhs | |
Rs. 27.00 lakhs | |
Rs. 0.20 lakhs | |
Rs. 8.00 Lakhs | |
Rs. 15.39 Lakhs |
MBA programmes can be found all around India. In India, a career in management opens up a world of possibilities. Some of India's best business schools can be found in the cities listed below:
Students can apply to a variety of business schools and have a decent chance of finding a solid job once they graduate. In the table below, we've listed all of India's management schools along with their placement data.
College | Average Placement Package (INR) |
Rs. 21.00 lakhs | |
Rs. 25.01 lakhs | |
Rs. 20.50 lakhs | |
Rs. 14.25 lakhs | |
9 LPA |
Marketing management, international business, finance, fashion technology, and other specialisations are available to MBA students. The table below lists other specialisations.
MBA programmes are the most popular option for students who want to advance their careers. It's not a big deal if you didn't do well on the entrance exams; many institutions will accept you regardless of your score. Some of India's low-ranking top MBA colleges are listed in the table below.
Although the details can vary from college to college, the basic structure remains the same- that is, completion of bachelor’s degree from a UGC-recognized university, minimum percentage score in graduation exam and clearing the entrance exams.
An MBA is the best tool to enhance your already existing skills and acquire new ones. It provides you with all the experience you need and makes you industry-ready.
Most Indian colleges do not demand a specific age limit, but make sure it will be useful in your future career before applying.
It is important for institutes to have AICTE certification ; this verifies that the quality of the program offered is good and worth the time and money. However, some of the top institutes like the IIMs are approved by the Ministry of HRD instead of the AICTE.
In the competitive and advancing market, things can get quite insecure and uncertain at times. An MBA is the certification that confirms a person’s skills and capabilities and makes him superior to the others working in the same company. It can also lead to the promotion of a manager.
A CAT percentile of 90 or above can strengthen your application to MICA, it is not the only factor that determines admission.MICA considers scores of CAT and MICAT which are weighted 50–50 percent for the interview call.
Strong performance in the Pshycometric test and descriptive writing increase your chances to get into mica even if you score 80 percentile.the admission is based upon whole performance including every marks.
ALL the best!!!!
Hello,
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Hello aspirant,
A timetable is essential if you are preparing for the CAT in addition to your college coursework. It will give you an idea of how long it will take you to finish your syllabus and then set aside the appropriate amount of time for revision and mock exams. Without a set timetable, you risk taking your time and not completing your preparation as thoroughly as is necessary.
Thank you
Hope it helps you.
Hello Nikita,
To get into any of the top IIMs, such as IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, or Indore, a good percentile in CAT is required, although academics play a vital role too. Let's break it down below:
CAT Score: 98+ percentile is an excellent score and makes one competitive.
Academic Scores:
Your 10th score at 84% is quite good.
A 12th score of 65% is on the lower side, which might hamper your chances at some of the top IIMs since they give weightage to past academic performance.
IIM Selection Criteria:
Every IIM has its own weightage for the scores of academics, CAT percentile, work experience, if any, and diversity.
For example, IIM Ahmedabad requires consistent academic records, while IIM Bangalore puts the strongest focus on work experience and diversified profiles.
Graduation: You are currently pursuing graduation, and your performance during that will also be considered in the shortlisting process.
While your CAT score is going to be the major pointer, your academic record-doing in class 12-is going to affect your prospects a bit at IIMs that place significant emphasis on your past performance. Still, you will have a healthy shot, at least at institutes like Lucknow, Kozhikode, and Indore, where a good score in CAT may offset lower marks in academics.
If you have diverse profiled extracurricular activities, leadership roles etc, or work experience, then it can build up your application further.
Hello!
Prep for CAT 2024: Application Pattern
Syllabus: Focus on those areas that fall under the syllabus; for instance, Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Data Interpretation & Logical Reasoning.
Books: Stick to standard books from renowned authors, say, Arun Sharma for Quant, Norman Lewis in vocabulary, and some mock tests available from TIME, IMS, or Career Launcher.
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Wishing you the best! thankyou!
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