Top MBA Colleges in Kolkata 2024

The biggest advantage for students pursuing MBA is that they have persistent knowledge of initiation of business from scratch. But having practical knowledge of the field is more important than just theoretical based definitions. With that said, pursuing an MBA degree will help you get the best of both worlds. In the two years at a private MBA college or a government MBA college, you can increase your mind's prospect for different things and positively test the brain's attitude performance. There are plenty of subjects to test your mind's abilities, but keep in mind that mugging up will not work here; you must show real-life communication skills. After the completion of the degree, students are placed in big MNCs and some really good Indian companies. Students can also set up their own businesses. Students get insights into the most minute working processes needed to start a business.

MBA courses are gaining popularity year by year, and it is alright to be filled with plenty of questions when thinking of opportunities in MBA. MBA is a two-year postgraduate course, and the minimum qualification required for it is an undergraduate degree. Students also get confused between all the specialization fields quite easily. And there are many colleges offering different courses. So, it all comes down to choosing a good college. After all, your future depends on that.

For all those students who are planning to study MBA in Kolkata, we have compiled the list of top MBA colleges in Kolkata. Here, we will provide all the necessary information and details regarding the course. We will cover every aspect regarding the application form, fee structure, placements, and much more. Now let us check the best MBA colleges in Kolkata.

• The government of West Bengal is constantly striving to provide the best class education and infrastructure to its students. Hence, there are several good MBA colleges in Kolkata, providing the best education in the country.

• Kolkata is the city of joy and is known for its colonial infrastructure and great food. The region enhances the exposure of a student significantly. They get a chance to brush up their skills in the real world.

• If you are looking forward to working with the best companies, then the chances are that you will find placement in a good corporate who participates in placement season from these colleges.

• Kolkata is an affordable city. The food is great and cheap, and the living will not cost you much. Therefore, it is advisable to get admission to one of the many MBA colleges there.

Top MBA Colleges in Kolkata (Based on NIRF Ranking)  

NIRF stands for National Institutional Ranking Framework and is a process adopted by the Ministry of Education to rank the top colleges in particular domains according to some predetermined standards. This system was approved by the Ministry of Human Resource and Development in 2015. Business schools in India are one of the top-rated institutes in the country by NIRF. Talking particularly about MBA colleges, NIRF has ranked top institutes in the list, out of which two MBA colleges in Kolkata feature in the list.

Top MBA Colleges in Kolkata (Based on Careers360 Rank/Rate/Score) 

Careers360 is one of the top names in the country which rates educational institutes based on their performance. The information provided by them is legitimate and true in every aspect. Careers360 is best known for its accurate rank prediction and college profile. You can find the top MBA colleges in Kolkata in the list below as per their Careers360 rating: 

Top MBA Colleges in Kolkata (Based on Course Fee) 

Kolkata is one of the most affordable cities in India. Apart from having such a large population, this city is known for its good and cheap food and accommodation. The same goes for the college, which provides an MBA degree. For fees, you should ideally set a budget of around 1 lakh to 2 lakh per semester. Finding the right college will not be too big of a problem as most of the institutes offer courses in this fee range. There are 86 colleges in Kolkata which offer MBA, out of which 71 are private, and 15 are public; some of them also offer distance learning.

• Some of the leading private colleges for MBA in Kolkata are listed below, along with their fees: - 

  Name of the college	Course fee to be paid
  Techno India University, Kolkata	Rs. 4,46,000
  Institute of Engineering and Management, Kolkata	Rs. 6,00,000
  NSHM Knowledge Campus, Kolkata	Rs. 6,83,900
  Xavier Business School, Kolkata	Rs. 10,00,000
  Institute of Business Management, Kolkata	Rs. 3,90,000

• The best government colleges for MBA in Kolkata are as follows:

  Name of the college	Course fee to be paid
  Indian Institute of Management Calcutta	Rs. 24,00,000 to Rs. 27,00,000
  Indian Institute of Social Welfare and Business Management, Kolkata	Rs. 6,00,000

Top MBA Colleges in Kolkata Based on Entrance Exams Accepted

The most popular and competitive entrance exams are CAT and CMAT. Many universities and colleges take admission based on the same. There are some other entrance tests also conducted at the India level. They are AIST, PUCET, CUCET, MAT, FDDI, etc. We have listed colleges taking admission based on one of the exams.

Here, we have listed the top MBA colleges in Kolkata, which accept admissions based on the CAT exam.

• Indian Institute of Foreign Trade (IIFT) Kolkata

• Calcutta Business School (CBS) Kolkata

• International Management Institute (IMI) Kolkata

• Indian Institute of Management (IIM) Calcutta

• Indian Institute of Social Welfare & Business Management (IISWBM) Kolkata

• Management Development Institute (MDI) Murshidabad

• International School of Business & Media (ISB&M) Kolkata

The next list contains all the leading colleges for MBA in Kolkata on the basis of CMAT exam score.

• Calcutta Business School (CBS) Kolkata

• International School of Business & Media (ISB&M) Kolkata

• Techno India University, Kolkata

• Future Institute of Engineering and Management, Kolkata

• Goenka College of Commerce and Business Administration, Kolkata

• Narula Institute of Technology, Agarpara

• Calcutta Institute of Engineering and Management, Kolkata

• IMS Business School, Kolkata

• Swami Vivekananda Institute of Management and Computer Science, Kolkata

Top MBA Colleges in Kolkata Based on Most Popular Specialization Streams 

There are many specializations available in MBA, Marketing, finance business management, rural management, etc. Amongst all these, Finance and Marketing are the most sought-after courses. Therefore, we have made a list for each of them separately on the colleges which offer this.

The five most prominent and promising MBA colleges in the field of Sales and Marketing located in Kolkata are as follows - 

• Techno India University, Kolkata

• St. Xavier's College, Kolkata

• University of Burdwan, Bardhaman

• University of Engineering and Management, Kolkata

The five most promising and ideal MBA colleges in Kolkata for Finance are - 

• NSHM Knowledge Campus, Kolkata

• UEM University, Kolkata

• ICFAI Business School, Kolkata

• Calcutta University

• Indian Institute of Management, Kolkata

Top four colleges in Kolkata for an MBA in Human Resources:

• Indian Institute of Social Welfare and Business Management, Kolkata

• Department of Business Management, University of Calcutta, Kolkata

• St. Xavier's College, Kolkata

• University of Engineering and Management, Kolkata

Admission process for getting into the best MBA colleges in Kolkata 

The eligibility criteria for admission in top MBA colleges in Kolkata vary from college to college. However, across the country, there are three basic types of admission processes that a candidate must fulfill for securing a seat. Some of the colleges take admission based on the merit list and rank of the candidates.

Take a look below to know about the admission process and criteria: -

• First, you need a degree in any of the undergraduate courses as a student or correspondent student from a recognized University or institute.

• The graduation can be from any of the fields, such as; science, commerce, or humanities.

• Candidates must have at least 50% marks in the examination of graduation. Some colleges take admissions for less than 50%, but they are not as reputed.

• The non-general category that is OBC, SC/ST and other reserved categories have the exam cut off of 45%.

• Candidates can apply for an MBA when they are in the last year of their college and go for an MBA immediately after completion.

• These are the basic necessities for MBA courses. There are also many entrance exams conducted by the government every year for admissions in different MBA colleges in India.

Once a candidate meets all the eligibility criteria for pursuing an MBA degree, they can go on for appearing for the entrance exams. Now, almost all the exams can get you an admission to every University. But some of the private universities are particularly specific about the entrance exam. They usually conduct their own exam. Keep that in mind before applying. After the entrance exam is cleared, selected candidates will be called for GD (group discussion) and PI (personal interview).

Frequently Asked Questions

Q. What are the top 5 MBA specializations offered by the Colleges in Kolkata?

• Finance

• Human Resource and Management

• Information Technology

• Logistics Management

• Marketing Management

Q. What are the career prospects after completing MBA? 

There are many courses that graduates can choose after completing their MBA. Some of them are Chartered Financial Analyst (CFA), Project Management Professionals (PMP), Certified Information Systems Auditor (CISA), etc. Most of the graduates prefer to go for a job in the corporate world.

Q. What are the job profiles that I can expect after completing an MBA degree from a college in Kolkata?

Listed below are the top 5 job Profiles that one can expect after completing MBA from any college in Kolkata:

• Operational Manager

• Finance Analyst

• Regional Sales Manager

• Finance Manager

• Account Manager

Q. What are the top Institutes which offer MBA in Kolkata?

Top 5 institutes for MBA in Kolkata are:

• IISWBM

• Indian Institute of Management, Kolkata

• Institute of Engineering and Management

• International Management Institute (IMI) Kolkata

• Maulana Abul Kalam Azad University of Technology 

Q. What is the basic difference between an MBA degree and a PGDM degree? 

PGDM stands for Post Graduate Diploma in Management; it is a diploma course while MBA is a post-graduation course. MBA can be offered by institutes affiliated to universities. PDMA can only be offered by autonomous bodies of educational institutes.

Q. How to get admission to IIM Kolkata?

Candidates must look for the following points in order to get admission to IIM Kolkata:

• A good CAT scores

• At least 50% of the bachelor's degree from any of the streams.

Q. What is the average salary package for the MBA graduates from IIMs?

The average salary package of students from the top IIMs in India is nearly Rs 20 lakhs - Rs. 25 lakhs per annum.

Q. Does clearing CAT require any kind of coaching?

The answer is Yes and No. It is dependent on you if you have all the needed knowledge for the exam or not. Try to solve some sample papers first and assess your ability. If you still think you lack somewhere, you should go and join a coaching center for CAT. Other considerations can be the fees of the coaching centers.

Q. What are the average cost Fees for studying MBA in India?

The average fees for a typical college providing a course in MBA range between Rs. 5 lakhs to Rs. 25 lakhs for two years.

Q. Is it possible to take admission to an MBA college without clearing any exam?

Yes, it is possible to take admission for MBA in any of the colleges. It can be done through management quota followed by an interview. But keep in mind top colleges in India do not offer this choice, and many times this is a more expensive way.