Top 10 MBA Colleges in India
For a student, choosing the right Business School is a brain racking procedure. With this article, we will help you to know which colleges are the best for MBA in India, and for the same we have to consider some facts and some analysis.
A few things to keep in mind is that these colleges should have a track record of excellent curriculum as well as research. It should also provide exemplary placement for students.
The perfect MBA degree will enable you to solve problems, give you the right knowledge, and make you a strategic thinker. A degree has the power to propel your entrepreneurial career or put you in a leadership position from day one.
Some of the top MBA colleges in India also hold global positions. The three schools that occupy the top 50 worldwide include IIM Ahmedabad, IIM Bangalore and IIM Calcutta.
All of these schools are known for their exemplary faculty, spacious campuses, and favorable placements. These schools are included in the category of premium business schools.
An MBA degree opens the gates to a wide range of employment and entrepreneurial opportunities. This course is intended to provide knowledge and training to enable you to run an organization.
It is also expected to polish leadership qualities and communication skills. Overall, the best colleges for MBA in India should make its students versatile.
10 best colleges for MBA in India
Without wasting much time, let’s get straight to the point and list the top 10 colleges for MBA in India. The list below is based on NIRF ratings.
- IIM Ahmedabad
- IIM Bangalore
- II Calcutta
- IIM Kozhikode
- IIT Delhi Department of Management Studies
- IIM Indore
- IIM Lucknow
- XLRI Jamshedpur
- IIT Kharagpur VGSOM (Vinod Gupta School of Management)
- IIT Bombay SJMSOM (Shailesh J. Mehta School of Management)
In addition, there is another B School that carries the name and legacy. When an established group comes with an educational institution then they must have a good plan for the same.
The course structure is updated, the faculty is studied, and there is also a lot of learning through exposure. They offer a large number of courses to choose from. In addition, in some courses, they also offer a 100% placement guarantee. Reputable companies are on the list of recruiters and their placement offers are tempting.
There are around 3000 MBA colleges in India with more than 8500 MBA programs. India has some of the best colleges for MBA in the world; this can be private or public.
Various entrance exams take place throughout the year. Some colleges prefer to take their exams and some apply based on general exams from the best institutions like CAT, CMAT, MAT, XAT, NMAT, SNAP, ATMA and GMAT.
The average salary of the top 10 colleges for MBA in India is approx. 25,000,000. On the other hand, the cost of this business school is not something that can be ignored.
On average, tuition fees for the best colleges are approx. 11,000,000. One should also consider that there will be additional costs involved during the 2 year program.
Eligibility Criteria for MBA admission
There are some basic things that students need to know before planning to take an MBA for further study. One is that students from various backgrounds be it science, commerce and Arts are all eligible for this program.
Moreover, even holders of professional degrees such as MBBS, CA, and CSI are also eligible to pursue MBA. Full-time MBAs will always be more demanding and rewarding than part-time, executive or 1-year programs.
A little work experience will always give the candidate an edge. The minimum eligibility criteria for this program is a bachelor’s degree with a score of 50%.
MBA vs PGDM
One more thing that always confuses students is the difference between MBA and PGDM programs. PGDM is awarded by AICTE approved institutes whereas MBA degree is awarded by UGC approved colleges. Looking at the demand and supply, PGDM in the business world is much more demanded than an MBA course.
Through this article, we have tried to list the 10 best colleges for MBA in India. There are also other factors including those that are important for students to keep in mind that will help them boil over to final college.
It is always better to talk to some college alumni before taking the call. The student’s perspective is of the utmost importance and cannot be found on any college website or in any articles or blogs.