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MBA or Master of Business Administration is a widely sought-after course amongst students. It provides you with several opportunities in the field of business. An MBA degree can land you up in reputed companies, or if you are brave enough, you can also build your start-up. But for that, you need to select the best MBA institute that gives you the required guidance and support to be a successful businessman or entrepreneur in the future. The right college or university can mould you desirable in the eyes of the company.
While MBA colleges are present across all the leading cities in India but the MBA colleges in Gurgaon are highly sought after by students. The presence of all leading MNCs in the city makes it an attractive destination to pursue MBA for students. As a result, there are numerous MBA colleges present in Gurgaon, making the decision to select the best option a little difficult for the students. So, to bring down your search for the best MBA college in Gurgaon, here is a list of the top MBA colleges in Gurgaon that can provide you with world-class education.
Top MBA colleges in Gurgaon (NIRF 2020 Ranking)
NIRF or the National Institutional Ranking Framework is set up by the Ministry of Education, which ranks various colleges of different streams based on their merit, modes of operation, and facilities provided. These rankings are highly trusted by all concerned for identifying the best educational institutions in the country. According to the NIRF 2020 Ranking, the top MBA colleges of Gurgaon are as follows: -
College Name | NIRF rank |
10 |
Top MBA colleges in Gurgaon (Careers360 Rating)
Careers360 is an online platform, specially made for aspiring students who want to get admission in top colleges of their city. Careers360 ratings enable the students to compare different colleges on a particular stream and lets them choose accordingly. The top MBA colleges in Gurgaon, according to Careers360, are as follows:
College name | Careers360 rating |
MDI Gurgaon | AAAAA |
AAAA | |
AA+ | |
A+ |
Top MBA colleges in Gurgaon (Fee Structure)
The fee structure of colleges is an important factor while selecting a college of your choice. You should always investigate the factor of affordability first as different universities have different fee patterns. Hence, check out the fee range of some of the best MBA colleges in Gurgaon here.
College name | Ownership | Fee structure |
Management Development Institute | Private | Rs 6.76 lakhs- Rs 23.33 lakhs |
GD Goenka University | Private | Rs 4.15 – 8.15 lakhs |
JK Business School | Private | Rs 5.50 lakhs |
The NorthCap University | Private | Rs 6.73 – 7.73 lakhs |
Private | Rs 12.50 -15.03 lakhs | |
Private | Rs 8.01 lakhs |
Top MBA specializations at the top MBA colleges in Gurgaon
Human Resource Management or HR deals with management within companies and organizations, their effective growth, interactions between the managers and employees. Colleges in Gurgaon that are known for HR management are as follows:
a) Management Development Institute
b) GD Goenka University
c) IBS Business School
Finance management is another important field of MBA that handles all the monetary aspects of the company like profitability, credits, and expenditures, dealing with stockholders, and similar stuff. MBA colleges in Gurgaon that are known for this field are as follows:
a) GD Goenka University
b) JK Business School
c) IBS Business School
3. Infrastructure and Real Estate Management
Infrastructure and real estate management is another notable MBA field that provides students with the knowledge of handling techniques in building a suitable infrastructure for the company, service delivery methods, and strategies of marketing. The MBA colleges in Gurgaon well-known for this branch are as follows:
a) Indian Institute of Learning and Advanced Development
b) Management Development Institute
c) GD Goenka University
Energy Management is another sought-after course in an MBA that deals with effective production and consumption of energy, conservation of resources, and protecting the climate. Some of the MBA colleges that specialize in this field are:
a) Management Development Institute
Other popular streams available at the top MBA colleges in Gurgaon
Entrepreneurship Management
Tea Management
Process for admission at the top MBA colleges in Gurgaon
To get admission in a top-tier MBA institute, keep in mind these following details and procedures
Eligibility: To get admission in MBA, you need to have a bachelor's degree from a recognized college or university of any stream. The minimum mark requirement for application is 50% for the general category and 45% for the SC, ST, and OBC. The admission process is as follows:
You need to appear for an entrance examination that is held at almost all top-tier MBA colleges. The most common entrance exams are these:
a) CAT
b) XAT
c) SNAP
d) IIFT
e) NMAT
f) CMAT
2. In step two, a merit list will be updated on the website of colleges and if your name is on the list, you will be shortlisted for the next round. Shortlisting will depend on your past academic scores, the marks of your entrance exam as well as other work experience.
3. The last step would be a GD-PI-WAT round where a small interview will be conducted by the respective colleges as well as a written ability test. After the completion of the final round, the college will decide whether to select you or not.
Frequently Asked Questions On MBA Colleges in Gurgaon
1. Why should I take up an MBA?
An MBA degree is of quite a value. Plus, if you graduate from a reputed management institute, your chance of getting hired by top companies is enhanced. As a result, you will be getting a high salary package. Also, you can develop your own business and work like a boss yourself!
2. What are the required skills in becoming a good businessman?
To become a good businessman, you need to have excellent communication skills to interact with several people from managers, employees, managers of other companies, stakeholders, and so on. Also, you need to have a fair knowledge of commerce since you must deal with business transactions, accounts, and statistics.
3. What are the career options after MBA?
MBA provides you with a plethora of career options. Some of the high-paid jobs that you can look forward to after completing an MBA are being a relationship manager, a marketing executive, a business analyst, or an area sales manager. These are to name a few best ones; there are others as well.
4. Do I need to study BBA for pursuing an MBA?
While there's no hard and fast rule that it's an absolute necessity to take up BBA before pursuing MBA, but if you happen to take up a Bachelor's in business administration, you'll have a fair share of knowledge of what you're getting into. BBA is like the building blocks of business management, so it is advisable to pursue BBA before starting an MBA.
5. What is the question pattern for CAT?
The CAT question pattern is mainly divided into three sections. The first section deals with reading comprehension and verbal ability; the next section handles logical reasoning and interpretation of data, and the third section consists of quantitative aptitude.
6. Can I go for an MBA directly after the 12th?
Yes, you can opt for a course on integrated MBA directly after completing your 12 board exams. Usually, the integrated course is up to 4 or 5 years, and you are eligible to apply if you have secured at least 50% marks in the 12th.
7. Can I pursue an MBA without clearing any entrance exam?
Yes, you can pursue an MBA without giving any entrance examination by opting for admission to any private universities. They usually give you admission just based on your past academic scores. But having a CAT or SNAP score can help you get enrolled in the best universities.
8. What is the minimum CAT percentile required to get admission for MBA?
You need to have a minimum percentile of 90 if you want to get admission in a good MBA college or university. The higher the rank, the better.
9. What is the difference between MBA and EMBA?
EMBA mainly deals with degree programs for managers of a senior position while MBA deals with students who want to complete a degree for 3-4 years.
10. What stream should I go for after 10th to pursue MBA?
You can pursue MBA after taking up any stream whether it be in Humanities, Commerce, or Science. But, since MBA deals with business, it is better to take up commerce as you will have a fair share of knowledge of accountancy, statistics, and similar stuff.
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