Top 10 MBA Colleges in India

Top 10 MBA Colleges in India

Deepshikha | Oct 16, 2022 |

Top 10 MBA Colleges in India

Top 10 MBA Colleges in India

For a student choosing the right Business School is a brain-churning procedure. With this article, we will help you figure out which is the best college for MBA in India, and for the same we will have to take into consideration some facts and some analysis.

Some of the things to be kept in mind are that these colleges should have an excellent track record of curriculum as well as research. These should also be providing exemplary placements to students.

A perfect MBA degree should enable you to solve problems, give you the right know-how, and make you a strategic thinker. The degree has the power to give a thrust to your entrepreneurship career or place you in a leadership post from day one.

Some of the top MBA colleges in India also hold a global position. The three schools that hold a position in the top 50 across the globe include IIM Ahmedabad, IIM Bangalore, and IIM Calcutta.

All these schools are known for their exemplary faculty, sprawling campus, and lucrative placements. The schools fall under the premium business school category.

An MBA degree opens the gate for an array of jobs and entrepreneurial opportunities. The course is meant to impart knowledge and training to make you capable of running an organization.

It is also supposed to polish leadership qualities and communication skills. All in all the best college for MBA in India should make the student an all-rounder.

Top 10 best colleges for MBA in India

Without wasting much time let us get to the point and list down the top 10 colleges for MBA in India. The below list is based on NIRF ranking.

  • IIM Ahmedabad
  • IIM Bangalore
  • IIM 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)

Apart from these, there are other B Schools that carry a name and a legacy. When an established group comes up with an educational institute then they are sure to have a good plan for the same.

The course structure is updated, the faculty is learned, and also there is a lot of learning through exposure. They offer a plethora of courses to choose from. Moreover, in some of the courses, they also offer a 100% placement guarantee. Top-notch companies are there on the recruiters’ list and the placement offers are lucrative.

There are around 3000 MBA colleges in India with over 8500 MBA programs. India has some of the best colleges for MBA in the world; these can be either private or public.

Various entrance exams are happening across the year. Some colleges prefer to take their exams and some enrol based on the common exams of the best institutes like CAT, CMAT, MAT, XAT, NMAT, SNAP, ATMA, and GMAT.

The average salary of the top 10 best colleges for MBA in India is approx. ₹25,00,000. On the other hand, the cost of these business schools is not something that one can ignore.

On average, the tuition fee for the top colleges is approx. ₹11,00,000. One also has to take into consideration that there will be extra costs involved during the 2 years program.

Eligibility Criteria for MBA admission

There are some basic things that students need to know before planning to take up MBA for their further studies. One of them is that students from diverse backgrounds be it science, commerce, and Arts are all eligible for the program.

Moreover, even professional degree holders such as MBBS, CA, and CSI are also eligible to pursue MBA. A full-time MBA will always be more demanded and fruitful than a part-time, executive or a 1-year program.

A little bit of work experience will always give the candidate an upper hand. The minimum eligibility criteria for this program is a graduate degree with 50% marks.

MBA vs PGDM

One other thing that students are always confused about is the difference between an MBA and PGDM program. PGDM is awarded by the institutes that are approved by AICTE whereas an MBA degree is awarded by a college that is UGC-approved. Looking at the demand and supply, PGDM in the corporate world is much more demanded as compared to an MBA course.

Final Thoughts

Through this article, we have tried to incorporate the top 10 best colleges for MBA in India. There are also other factors included which are important for the student to keep in mind which will help them boil down to the final college.

It is always better to speak to some of the college alumni before taking a call. A student’s perspective is the most important and cannot be found on any college website or in any writeup or blog.

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