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    20 Best Colleges in India to Study MBA Programme

    20 Best Colleges in India to Study MBA Programme

    #CAT
    Team Careers360Updated on 17 Feb 2022, 09:26 AM IST

    The word MBA stands for master’s in business administration. MBA can also be useful for those seeking a leadership career in the public sector, government, private business, and other fields. The MBA is currently the most popular professional degree program in the world. Today, more than 3,000 MBA programs are offered worldwide; most are offered in English. A number of MBA specializations in demand include fields like Marketing, Communication, Human Resource Management, International Business, Information Technology and several others.

    This Story also Contains

    1. Popular MBA Examinations
    2. Top 5 MBA Institutes in India
    3. List Of Top 20 Colleges Offering MBA Courses
    4. Browse MBA Colleges By Location
    5. Popular MBA Specializations
    6. Low Rankings: Top MBA colleges in India

    Admission to the MBA is achieved in almost every country in India by selecting candidates on the basis of an entrance examination of their capabilities, followed by group discussions and face-to-face interviews. Let's review the different stages of the MBA admission process:

    1. The very first step is to fill the application form for various entrance tests from their respective websites. After paying the registration fees, dates will be allotted to you with your admit cards.

    2. After the declaration of results the students have to attend various counselling processes, public discussions, group meeting interviews etc.

    3. To get the best college students have to attend all the rounds of counselling and through this colleges are being allotted to the students.

    4. Students who do not get seats through the counselling can take admission in the private universities or the students can also apply for admission through management quota, institutional quota etc.

    Popular MBA Examinations

    Many universities offer CAT, XAT, SNAP, CMAT, NMAT, IIFT, MAT, and other MBA entrance examinations, and thousands of students take them each year. The following are the most popular MBA entry examinations that students are required to take:

    Top 5 MBA Institutes in India

    Indian Institute of Management (Ahmedabad)

    IIM Ahmedabad is India's finest business school, having been ranked #1 in the NIRF Top Management Colleges in India for the past three years. The PGP (equal to MBA) programme at IIM Ahmedabad is the most popular, followed by the one-year MBA programme, also known as MBA PGPX. The MBA 2022 selection criteria have been announced by IIM Ahmedabad, and CAT 2021 registration is now closed, with the CAT Entrance Exam slated for November 28, 2021. Admission to the PGP programme is done by the CAT, and to the MBA PGPX programme is done using the GMAT, and it takes into account job experience, grades in 10th, 12th, and graduation. The average fee is between 2 lakhs - 3 lakhs.

    Indian Institute of Management (Bangalore)

    NIRF 2021 has placed Indian Institute of Management (IIM) Bangalore as the second-best management college in India. According to the QS World MBA Ranking 2021, the IIM Bangalore MBA programme is the 35th best in the world. The IIMB's renowned Executive MBA programme is also ranked #33 in the world by QS World EMBA Rankings 2022. The IIMB, which is recognised for its flagship MBA and EMBA programmes, has 412 places available in both programmes. The threshold for admission to IIMB is just 85 percentile on the CAT. Candidates with a 100 percent cut-off, on the other hand, should expect an admission call. The total fees to pursue MBA is 23lakh.

    Indian Institute of Management (Calcutta)

    IIM Calcutta was the first institute to be founded as part of the IIM heritage. IIM Calcutta is one of the finest B-schools in the country for Management education, having been ranked third in the Management category by NIRF 2020. Students can enrol in PG, PhD, and executive programmes at the institute, with the MBA (or PGPM) being the most popular. The Institute, also known as IIMC, has continuously produced many recruiters and students who have worked for reputable companies all around the world.

    Indian Institute of Management (Kozhikode)

    IIM Kozhikode, ranked 4th amongst the Top Management Colleges in India by the NIRF Rankings, is one of the premier management schools established by the Government of India. Founded in 1996, as the 5th IIM of the country, the growth story of IIM Kozhikode is not just about the numbers, but also about some remarkably innovative initiatives that have set the benchmark for other institutions in the country.

    Indian Institute of Technology (Delhi)

    IIT Delhi was founded in 1961 as the College of Engineering in Delhi and was subsequently renamed the 'Indian Institute of Technology (IIT) Delhi' after it was designated as a 'Institution of National Importance'. It was thereafter designated as a Deemed University, with the authority to set its own academic policies, administer examinations, and confer degrees. It is a public technical and research institution in India that is one of the country's oldest IITs. In 2020, NIRF ranked IITD 2 for Engineering and 8 for MBA/PGDM. The average fees to pursue MBA program is between 8.8 lakhs – 10lakhs.

    List Of Top 20 Colleges Offering MBA Courses

    Given below are the list of 20 top MBA colleges offering admission in MBA courses with their further details like location, estimated fees, Ratings and the exam score accepted by the respective colleges -

    Colleges name

    Estimated fees (total fees)

    SIIB Pune

    15 Lakhs

    Jamia Humdard, New Delhi

    4.70 Lakhs

    ITM Navi Mumbai

    10.45 Lakhs

    XLRI Xavier School of Management

    Rs 25.80 lakhs

    Indian School of Business (ISB)

    Rs 41.98-47.35 lakhs

    SPJIMR Mumbai

    Rs 17.50lakh

    IIM Indore

    Rs 9.80-21.10 lakhs

    IIM Lucknow

    Rs 19.05 lakhs

    FMS Delhi

    Rs 1 lakh

    IIFT Delhi

    Rs 18.24 lakhs

    Doon Business School, Dehradun

    4.99 Lakhs

    NMIMS School of Business Management

    Rs 20.84 lakhs

    MDI Gurgaon – Management Development Institute

    Rs 18.51 lakhs

    PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

    Rs 1.29- 1.32 lakhs

    IIT Kharagpur

    Rs 10.32 lakhs

    IMT Ghaziabad

    Rs.18.3lakh

    NIT Warangal

    1.79 Lakhs

    SIBM Pune

    Rs 6.30-19.20 lakhs

    IIM Tiruchirappalli - Indian Institute of Management

    Rs 11.80 lakhs

    IMI Delhi – International Management Institute

    Rs 8.42-18.14 lakhs

    Browse MBA Colleges By Location

    MBA programmes are available all over India. A managerial job in India provides up a world of opportunities. The cities listed below are home to some of India's premier business schools:

    Popular MBA Colleges in India

    Placement

    Students may apply to a range of business schools and are likely to find work after graduation. We've listed all of India's management schools, along with their placement statistics, in the table below.

    Colleges name

    Average salary

    SIIB Pune

    10.98 Lakhs

    Jamia Hamdard, New Delhi

    3.50 Lakhs

    ITM Navi Mumbai

    8.5 Lakhs

    XLRI Xavier School of Management

    Rs 23 lakhs

    Indian School of Business (ISB)

    Rs 24 lakhs

    SPJIMR Mumbai

    Rs 25 lakhs

    IIM Indore

    Rs 22 lakhs

    IIM Lucknow

    Rs 23-24 lakhs

    FMS Delhi

    Rs 31.8 lakhs

    IIFT Delhi

    Rs 18.2 lakhs

    Doon Business School, Dehradun

    3.97 Lakhs

    NMIMS School of Business Management


    MDI Gurgaon

    22 Lakhs

    PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

    -

    IIT Kharagpur

    20 lakhs

    IMT Ghaziabad

    Rs 12 lakhs

    NIT Warangal

    • 6.77 Lakhs

    SIBM Pune

    Rs 18.5 lakhs

    IIM Tiruchirappalli - Indian Institute of Management

    Rs 14.96 lakhs

    IMI Delhi – International Management Institute

    Rs 12.7 lakhs

    Popular MBA Specializations

    MBA students can specialise in marketing management, international business, finance, fashion technology, and other areas. Other specialisations are shown in the table below.

    Low Rankings: Top MBA colleges in India

    For students who wish to advance their professions, MBA programmes are the most popular alternative. If you didn't perform well on the admissions examinations, it's not a big concern; many colleges will accept you regardless of your score. The table below lists some of India's low-ranking top MBA colleges.

    Frequently Asked Questions (FAQs)

    Q: How can different MBA rankings be evaluated?
    A:

    Business school classifications and specific course classifications are updated annually by accredited institutions and specialized trade publications. Ranking systems vary, but the most important criteria are the average GMAT results of accepted candidates, their years of experience, and the profile of the international class. The teacher-student ratio is a good indicator of the degree of interaction of the class during seminars or conferences. The MBA teaching style generally goes beyond the academic standard: Faculty members become true business mentors to their apprentices, helping them find practical business solutions. If your role model in business is part of a business school, choosing a program at that institution can bring you closer to your mentor.

    Q: What are the job prospectors pursuing an MBA program?
    A:

    A student pursuing an MBA can have 4,444 careers as a human resources manager, IT manager, operations manager, financial advisor, finance manager, business consultant, and director of marketing. She can establish contacts in the market in 2 years.

    Q: Is it possible to get admitted to colleges in MBA without an entrance exam?
    A:

    Yes, the students can take direct admission in MBA colleges through Management quota, reserved seats or through NRI seats. The only criteria is that Students must have secured at least 60 % in their UG level Graduation exams. Some private universities have different eligibility criteria for different courses. Students can take admission by making a strong profile.

    Q: Please give an idea about the course curriculum for MBA?
    A:

    This curriculum is divided into two parts. Core courses in MBA comes under the following -

    • Accounting

    • Business Communication

    • Business Ethics

    • Business Strategy

    • Data Analytics

    • Economics

    • Finance

    • Leadership

    • Marketing

    • Operations

    MBA elective courses give you the right opportunity to choose the programs which suit best for our future. Typically, you study the core MBA curriculum before choosing electives in the second half of the program. There are a variety of electives ranging from human resource management, non-profit organization management, entrepreneurship, sustainability, and CSR to current topics such as artificial intelligence and blockchain. Most MBA courses are taught using the case study method made famous by Harvard Business School, in which students analyse cases of business success or failure before discussing them in class.

    Q: What is the eligibility for admission to an MBA program?
    A:

    Here are some of the basic eligibility requirements while taking admission in the top MBA programs in India -

    • Students should have a certificate of their three-year graduation degree or should be in their last year of graduation.

    • Students can also get admitted on the basis of merit without giving any entrance exam.

    • If you have a working Experience of 1-2years you will be given preference.

    • Extracurricular activities have their own preferences. Especially if you are good at sports, this adds value for your eligibility.

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