MBA (Master of Business Administration) - Latest Notifications
12 September 2024: CAT 2024 Registration Deadline Tomorrow: fee, exam pattern, selection process at IIMsMBA is a postgraduate degree in the field of business management. MBA full form is Master of Business Administration. It is a 2-year course that focuses on business and its management concepts. MBA courses include various specializations. They lead to different roles in a corporation. The MBA curriculum is designed to provide theoretical and practical knowledge of management. It teaches students to solve real-life problems. Students learn through classes, guest lectures, seminars, internships, and workshops. The MBA program focuses on industry needs and practical skills.
You need to have a bachelor's degree to get into an MBA program. This can be in any field like science, business, or arts. Also, you need to score a minimum of 50% or higher to be eligible for an MBA. You can pursue a full-time or regular MBA, distance MBA, online MBA, executive MBA, or integrated MBA. The duration of the MBA course depends on the type of program. Some business schools also started offering short-term management programs called Mini MBA. People can take these courses to improve their skills. Applying to MBA programs involves taking entry exams. After that, there are group discussions, writing tests, and personal interviews. These tests help evaluate the personality and skills of candidates.
The MBA is a step up from undergraduate programs. It also offers very promising career prospects. Candidates with an MBA degree can get jobs at top companies. They can get important roles like HR, Relations Manager, Marketing Manager, and others. MBA (Master of Business Administration) is an advanced degree and it opens countless career opportunities. Many students from different backgrounds pursue it after graduation. Most of the BTech, BCom, BBA, BA, and BSc students pursue this course. MBA graduates can easily earn a salary ranging from INR 5 LPA to INR 25 LPA. Google, Deloitte, Flipkart, Amazon, etc. are among the top MBA recruiters in India.
Some of the most common MBA entrance tests are CAT, CMAT, XAT, CUET, MAH MBA CET, GMAT, and ATMA. Both government and private colleges offer MBA degrees. This gives students many options. IIMs, IITs, and NITs are considered top government colleges for MBAs. Some top private colleges for MBA are XLRI Jamshedpur, JBIMS Mumbai, MDI Gurgaon, and ISB. The course fees for this degree range from INR 10 lakh - INR 25 lakh, but it completely depends on the college. An MBA has various specializations like HR, sales, marketing, finance, and operations.
MBA courses usually last for 2 years. However, some programs may last for more and less time depending on the nature of the course. A Master Of Business Administration (MBA) degree offers lots of career opportunities. It prepares students for leadership roles and helps them make the right decisions.
The table below contains important MBA course details:
Particulars | MBA Courses Details |
MBA Full Form | Master of Business Administration |
Courses Level | Post Graduation |
Courses Types | Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA and Integrated MBA |
MBA Courses Fees | INR 2 Lakh - INR 27 Lakh and above |
MBA Eligibility Criteria | Bachelor's Degree in any Stream |
MBA Courses Duration | Full-time MBA: 2 years Online MBA / Distance MBA: 1- 2 years Executive MBA: 1 - 1.5 year Integrated MBA: 5 years |
MBA Admission Process | Entrance Exams, Group Discussions, Personal Interview |
MBA Entrance Exams | CAT, CMAT, XAT, CUET, GMAT, ATMA, MAH MBA CET, etc. |
Top Colleges | IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, etc. |
MBA Specialisations | Human Resources, Finance, Sales, Marketing, Operations, Digital Marketing and Business Analytics. |
MBA Job Profiles | Human Resources Manager, Marketing Manager, Finance Manager, Sales Manager, etc. |
MBA Average Salary | INR 5 LPA - INR 25 LPA |
Top Recruiters | Google, Deloitte, Microsoft, Flipkart, Amazon, Citibank, Facebook, JP Morgan Chase, Bain & Co, Adobe, Boston Consulting Group, McKinsey, Morgan Stanley, etc. |
The full form of MBA is Master of Business Administration. This post-graduate degree in management welcomes students from all backgrounds.
A regular or full-time MBA degree is a 2-year course that is divided into four semesters. Here are some of the key details about this degree:
MBA courses train students in Marketing, Finance, Operations, Sales, Human Resources, and others. Classroom lectures, group projects, guest lectures, case studies, etc. are part of learning. These courses are designed to cultivate decision-making and leadership qualities in students. Business ethics, data analysis, economics, decision-making, etc. are at the core of this program. MBA courses include Internships, student exchange programs, and networking opportunities. They especially focus on enhancing the learning experience and industry exposure.
MBA courses are highly competitive and intense. The MBA curriculum is focused on preparing students for leadership and decision-making roles. Master Of Business Administration (MBA) students are trained in different managerial skills to manage different types of businesses successfully. An MBA degree on the resume of candidates increases their employability.
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An MBA degree can help students improve their skills. It can give you exposure and get important job roles as compared to a bachelor's degree. You can develop skills like leadership, communication, teamwork, problem-solving, and negotiation. MBA students learn about different business structures and management which gives you more experience. Some of the major reasons for choosing an MBA are:
MBA courses are postgraduate programs and hence require graduation as a mandate. But there is more to the eligibility criteria that one should know because the MBA eligibility criteria differ according to the type of MBA course, and the colleges. The below table highlights the different types of MBA eligibility criteria for admission into tier 1, tier 2 and tier 3 MBA colleges.
Particulars | Tier 1 Colleges | Tier 2 Colleges | Tier 3 Colleges |
Educational Qualification | 50% or more in Graduation IIMs and IITs require 60% for selection. |
50% or more in Graduation | 50% or more in Graduation |
Entrance Exams | CAT, XAT, GMAT | SNAP, NMAT, XAT, TISSNET | MAT, CMAT, and other state-level or university-level exams |
Interview Criteria | GD + WAT + PI | WAT + PI, In some cases only PI is conducted. | Colleges conduct their own PI rounds. |
Work Experience | Only required for Executive MBA Admission. | Only required for Executive MBA Admission | Not required |
There are different kinds of MBA programs. The most common one is the full-time, two-year MBA. But executive MBAs and online MBAs are becoming popular too. They offer more flexibility. An online MBA lets you study without going to class in person. An executive MBA allows you to work while you study.
Here are the details on the different types of MBA courses:
Courses | Courses Details |
Full-Time MBA Courses |
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Part-Time MBA Courses |
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Distance MBA Courses |
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Online MBA Courses |
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Executive MBA Courses |
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5-year-Integrated MBA Courses |
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An MBA degree is offered in different formats at top IIMs. These variations include online, executive, and distance MBA options apart from full-time programs. Time duration and attendance required are major differences between these courses. Check the major differences between online, Executive and distance MBA programs from top IIMs:
Parameters | Full Time | Distance MBA | Online MBA | EMBA | Integrated MBA |
Details | Traditional on-campus MBA program. Offers business theory and practice through extensive classroom learning and networking opportunities. | Distance MBA is pursued via correspondence or remote communication. Offers flexibility but lacks physical classroom interaction. | Multiple colleges these days offer a 1-2 year online MBA program. It is a cheaper and more flexible approach for candidates having time and money constraints. | EMBA or Executive MBA is designed for individuals with at least 3-5 years of experience. Shorter duration of a full-time MBA. Offers a plethora of learning and networking opportunities. | Integrated MBA spans 5 years and the most popular options are BTech+MBA and BBA+MBA. Only several colleges offer courses such as IIMs. |
Duration | 2 years | 1-5 years | 1-2 years | 15 to 19 months | 2+3 Years |
Exams | GMAT, CAT, XAT, ATMA, MAT, NMAT, SNAP, CMAT | NMAT, MAT, CAT | CAT, College Centric Exams | GMAT, GRE, CAT, XAT, | IPMAT, JIPMAT, NPAT |
Top Colleges | IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, NMIMS | Andhra University, Delhi University, IGNOU, Guwahati University, Tamil Nadu Open University | NMIMS, LPU, Symbiosis Pune, IIMs, Jain University, Amity University | IIM Bangalore, IIM Ahmedabad, IIM Kozhikode, IIM Calcutta, IIM Indore | IIM, IIT, Nirma University, Amity University, NMIMS |
Fees | INR 2 Lakh - INR 27 Lakh and above | INR 2 Lakh - INR 8 Lakh | INR 50,000 - INR 6,00,000 | INR 10 Lakh - INR 30 Lakh | INR 20 Lakh - INR 30 Lakh |
Salary (INR) | 5 LPA - 25 LPA | 10 LPA - 15 LPA | 5 - 6 LPA | 11 LPA – 17 LPA | 10 LPA - 15 LPA |
Best Suited For | Anyone interested in Management | Students, Working Professionals, Freshers | Students, Working Professionals, Freshers | Working Professionals with 2+ years of work experience. | Students |
The eligibility criteria for an MBA degree can be different for each school. However, there are some basic eligibility requirements that students need to fulfil. Meeting these eligibility rules is the first step to getting into an MBA (Master of Business Administration) program. This ensures students have the right background to succeed in their studies.
The below table shows different MBA course eligibility Criteria:
MBA Courses | Eligibility Criteria |
Full-time MBA courses |
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Distance MBA courses |
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Online MBA courses |
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Executive MBA courses |
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Several MBA entrance tests are popular among students seeking admission to top institutions. These tests are the way to get into well-known MBA programs across the country. Students who want to do an MBA should prepare thoroughly and make a plan to do well in these exams. This will help them get into respected MBA programs in India.
A list of top MBA entrance exams is given below in the table. These exams are used for admission to different business schools. You can also find the application deadlines for the next academic year:
Entrance Exams | Exam Dates | Exam Schedule |
NMIMS Management Aptitude Test (NMAT) | Oct 2024 | NMAT Schedule |
Symbiosis National Aptitude Test (SNAP) | Dec 2024 | SNAP Schedule |
Xavier Aptitude Test (XAT) | Jan 2025 | XAT Schedule |
Common Admission Test (CAT) | Nov 2024 | CAT Schedule |
Management Aptitude Test (MAT) | Sep 2024 | MAT Schedule |
ATMA | February 18, 2024 | ATMA Exam Schedule |
GMAT | Throughout the year | GMAT Exam Schedule |
Preparing for an MBA entrance exam is a big task. These exams are very competitive. They can greatly affect your career and education. But first, you need to think hard and fast. Pursuing a Master Of Business Administration (MBA) is not a child's play.
Here are some steps to help you prepare effectively for an MBA degree:
The MBA preparation process can be different for students with different streams. However, you can find the list of books common for all background students. These books can help you to start your MBA preparation:
Book Title | Author(s) |
How to Prepare for Verbal Ability and Reading Comprehension for CAT | Arun Sharma and Meenakshi Upadhyay |
How to Prepare for Data Interpretation for CAT | Arun Sharma |
How to Prepare for Quantitative Aptitude for CAT | Arun Sharma |
Quantitative Aptitude for Competitive Examinations | R.S. Aggarwal |
A Modern Approach to Verbal & Non-Verbal Reasoning | R.S. Aggarwal |
The Pearson Guide to Logical Reasoning and Data Interpretation for the CAT | Nishit K. Sinha |
Word Power Made Easy | Norman Lewis |
CAT and CMAT are the biggest MBA entrance exams in India. Over 1000 B-schools accept scores from these two exams. More than 600 B-schools accept MAT and ATMA exam scores in India.
Check the table below for top MBA colleges by entrance exam:
MBA Colleges by Exam |
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Colleges Accepting CAT | Colleges Accepting ATMA |
Colleges Accepting MAT | Colleges Accepting GMAT |
Colleges Accepting XAT | Colleges Accepting MAHCET |
Colleges Accepting CMAT | Colleges Accepting TANCET MBA |
Colleges Accepting NMAT by GMAC | Colleges Accepting OJEE |
MBA cutoffs are subject to various factors. It can change each year. It is important to check the latest cutoff details of colleges. You can see the 2023 MBA cutoff for CAT and MAH MBA CET below.
The CAT cutoff score for getting into an IIM's MBA program can change each year. The cutoff score can also be different at different IIMs.
The CAT cutoff percentage is the lowest score a candidate needs to get to move to the next round. It includes group discussions (GD), written ability tests (WAT), and personal interviews (PI).
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Top IIMs for MBA in India: Admission Process, CAT Cutoffs
Check the CAT 2023 cutoff for MBA programs at IIMs:
IIMs | CAT Cutoff 2023 (Percentile) |
IIM Ahmedabad | 85 |
IIM Bangalore | 85 |
IIM Calcutta | 85 |
IIM Lucknow | 90 |
IIM Indore | 90 |
IIM Kozhikode | 85 |
IIM Amritsar | 90 |
IIM Nagpur | 85 |
IIM Sambalpur | 93 |
IIM Trichy | 93 |
IIM Raipur | 93 |
IIM Ranchi | 90 |
IIM Kashipur | 94 |
IIM Vizag | 80 |
IIM Udaipur | 93 |
IIM Bodhgaya | 93 |
IIM Shillong | 75 |
IIM Sirmaur | 92 |
IIM Rohtak | 95 |
IIM Nagpur | 85 |
IIM Jammu | 93 |
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Various non-IIM colleges in India accept the CAT cutoff marks for admission. This cut-off percentile can change each year. It depends on things like exam difficulty, the number of candidates, and the college rules.
Check the CAT cutoff for non-IIM colleges offering MBA programs in below:
Top MBA Colleges | CAT Cut Offs (percentile) |
SOIL (SOIL Institute of Management) | 75 |
FMS, Delhi | 98-99 |
IIFT Delhi | 95-99 |
SPJIMR, Mumbai | 95-99 |
IMT, Ghaziabad | 95-97 |
JBIMS, Mumbai | 96 |
MDI, Gurgaon | 97-99 |
IMI, New Delhi | 90 |
XIM, Bhubaneshwar | 91 |
GIM Goa | 85 |
K J Somaiya, Mumbai | 86 |
TAPMI, Manipal | 80 |
FORE, New Delhi | 85 |
IFMR, Chennai | 80 |
IRMA, Anand | 80 |
MICA, Ahmedabad | 80 |
LIBA, Chennai | 70 |
XIME, Bangalore | 70 |
The MAH MBA CET is a popular test for students seeking admission to MBA programs. The cutoff score for this test can change based on different things. Exam difficulty, number of participants, and college policies are major factors. The cutoff score decides the fate of students participating in the exam.
Check the MAH MBA CET cutoff for top MBA colleges below:
MBA College | MBA CET 2023 Cutoff (Percentile) |
JBIMS | 99.99 |
SIMSREE | 99.97 |
Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai | 99.92 |
Bombay St. Xavier College Soc.'s Xavier Institute of Management & Research, Mumbai | 99.86 |
S.I.E.S. College of Management Studies, Mumbai | 99.85 |
Department of Management Sciences (PUMBA), University of Pune | 99.83 |
COEP Technological University | 99.83 |
Chetana's Ramprasad Khandelwal Institute of Management & Research, Mumbai | 99.67 |
MET's Institute of Management, Mumbai | 99.47 |
Indira College of Engineering & Management, Pune | 99.39 |
Lala Lajpatrai Institute of Management, Mumbai | 99.30 |
Admissions to most business schools are offered through entrance exams. Here are some of the most popular tests for MBA admission:
The MBA (Master of Business Administration) exam has two parts. First is the qualifying exam. Then there is a screening round. It includes a writing ability test (WAT), group discussion (GD), and personal interview (PI). Colleges use these tests to make the final selection. They look at the candidate's achievements in academics, entrance exams, WAT, GD, and PI.
Suggested Read for MBA Admission Process:
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Direct MBA Admission Process Without Entrance Exam
Many MBA courses in India need entrance exams like CAT, MAT, XAT, or GMAT for admission. However, some schools offer direct admission or management quota admission for certain seats.
Direct MBA Admission Eligibility Criteria
Direct MBA Admission Process
Candidates need to fill out the application form. They must also provide certain documents. These include academic transcripts, certificates, and work experience certificates (if needed). The institution will specify any other required documents.
State-wise MBA Admission Process
MBA admission processes for every state can be different. They generally follow the same rules but state quotas and requirements may vary. Some states only offer a fixed number of seats to students from other states. Some may offer special relaxations to the students from their own state.
Here is a general state-wise process for admission to MBA courses:
States | MBA Admission Process |
Delhi | In top colleges like IIMs and FMS, students need to clear the CAT exam. Then they will go through the general selection process. This may include GD, WAT and PI. |
Maharashtra | Top colleges like JBIMS require students to clear the MAH-CET. The Maharashtra Common Entrance Test is a state government-conducted exam. Students can get admission into a number of courses through these tests including an MBA. |
Karnataka | Top colleges like IIMB only consider the CAT score for admission. The Common Admission Test (CAT) is a national-level entrance exam. Indian Institute of Management Bangalore also conduct GP, WAT and PI rounds. |
Andhra Pradesh/Telangana | Top colleges like ISB accept CAT/GMAT scores for MBA course admission. Aspirants need to clear these tests and follow the general process mandated by the college. Indian School of Business (ISB) is among the top colleges and conducts WAT and PI rounds. |
Tamil Nadu | Top colleges like the Indian Institute of Technology Madras only accept CAT scores. It is one of the best B-Schools in India. Students have to work hard and clear group discussions and interviews. |
Uttar Pradesh | Top colleges like IIM Lucknow and MDI Noida require CAT scores. These colleges also conduct interviews and GD rounds to select prospective candidates. |
West Bengal | Top colleges like IIM Calcutta only offer admission through CAT scores. These colleges follow a rigorous process to select students. GP, WAT and PI are part of the selection process. |
The cost of pursuing an MBA in India can vary depending on state, city, college and course. Government colleges MBA fees are different from private colleges MBA fees. Typically, government colleges are affordable that private colleges but it is different for IIMs. However, all government colleges do not offer best placements. So the MBA course fees can be related to college reputation, facilities, location and placment.
India has several top government MBA colleges. Fees of these colleges are quite different from one another. The MBA fees of government coleges basically depend of the college reputation, their placement, and location. Students eyeing for mba admission at top government colleges will need to pay more fees.
Here is a list of top 50 government colleges MBA Fees with location:
Sr. No. | College Name | Location | MBA Fees (INR) |
1 | Indian Institute of Management (IIM) Ahmedabad | Ahmedabad | INR 23,00,000 |
2 | Indian Institute of Management (IIM) Bangalore | Bangalore | INR 23,20,000 |
3 | Indian Institute of Management (IIM) Calcutta | Kolkata | INR 23,00,000 |
4 | Indian Institute of Management (IIM) Lucknow | Lucknow | INR 21,00,000 |
5 | Faculty of Management Studies (FMS), Delhi | Delhi | INR 1,92,000 |
6 | Indian Institute of Management (IIM) Kozhikode | Kozhikode | INR 22,50,000 |
7 | Indian Institute of Management (IIM) Indore | Indore | INR 21,17,000 |
8 | Department of Management Studies (DMS), IIT Delhi | Delhi | INR 10,40,000 |
9 | National Institute of Industrial Engineering (NITIE) Mumbai | Mumbai | INR 14,63,000 |
10 | Indian Institute of Foreign Trade (IIFT), Delhi | Delhi | INR 21,77,000 |
11 | Indian Institute of Management (IIM) Raipur | Raipur | INR 16,10,000 |
12 | Indian Institute of Management (IIM) Shillong | Shillong | INR 16,00,000 |
13 | Indian Institute of Management (IIM) Ranchi | Ranchi | INR 17,60,000 |
14 | Indian Institute of Management (IIM) Udaipur | Udaipur | INR 20,00,000 |
15 | Indian Institute of Management (IIM) Rohtak | Rohtak | INR 17,90,000 |
16 | Indian Institute of Management (IIM) Tiruchirappalli | Tiruchirappalli | INR 20,50,000 |
17 | Department of Management Studies (DoMS), IIT Madras | Chennai | INR 13,00,000 |
18 | Indian Institute of Management (IIM) Kashipur | Kashipur | INR 16,30,000 |
19 | Department of Industrial and Management Engineering (DIME), IIT Kanpur | Kanpur | INR 10,67,000 |
20 | Vinod Gupta School of Management (VGSOM), IIT Kharagpur | Kharagpur | INR 11,11,000 |
21 | Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay | Mumbai | INR 10,60,000 |
22 | Rajiv Gandhi Indian Institute of Management (IIM) Shillong | Shillong | INR 16,00,000 |
23 | Indian Institute of Management (IIM) Bodh Gaya | Bodh Gaya | INR 16,00,000 |
24 | Indian Institute of Management (IIM) Nagpur | Nagpur | INR 18,00,000 |
25 | Indian Institute of Management (IIM) Sambalpur | Sambalpur | INR 13,03,000 |
26 | Institute of Management, Nirma University | Ahmedabad | INR 10,46,000 |
27 | Indian Institute of Management (IIM) Visakhapatnam | Visakhapatnam | INR 17,25,000 |
28 | Indian Institute of Management (IIM) Amritsar | Amritsar | INR 16,00,000 |
29 | Indian Institute of Management (IIM) Jammu | Jammu | INR 17,15,000 |
30 | Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata | Kolkata | INR 6,00,000 |
31 | Department of Management Studies (DoMS), IIT Roorkee | Roorkee | INR 10,80,000 |
32 | University Business School (UBS), Panjab University | Chandigarh | INR 38,000 |
33 | Department of Business Administration, Aligarh Muslim University (AMU) | Aligarh | INR 2,90,000 |
34 | Pondicherry University School of Management | Puducherry | INR 2,76,000 |
35 | Delhi School of Economics (DSE), Delhi University | Delhi | INR 31,000 |
36 | Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | Mumbai | INR 6,00,000 |
37 | Banaras Hindu University (BHU), Faculty of Management Studies | Varanasi | INR 1,50,000 |
38 | Institute of Management Studies (IMS), BHU | Varanasi | INR 1,50,000 |
39 | Kurukshetra University, University School of Management | Kurukshetra | INR 1,50,000 |
40 | Madras School of Economics (MSE), Chennai | Chennai | INR 7,00,000 |
41 | Department of Financial Studies (DFS), Delhi University | Delhi | INR 25,000 |
42 | Goa Institute of Management (GIM), Goa | Goa | INR 18,00,000 |
43 | Bharathidasan Institute of Management (BIM), Tiruchirappalli | Tiruchirappalli | INR 7,88,000 |
44 | Institute of Rural Management (IRMA), Anand | Anand | INR 16,00,000 |
45 | Utkal University, Department of Business Administration | Bhubaneswar | INR 1,00,000 |
46 | University of Hyderabad, School of Management Studies | Hyderabad | INR 1,50,000 |
47 | Indian Institute of Forest Management (IIFM), Bhopal | Bhopal | INR 6,24,000 |
48 | Department of Commerce, Delhi School of Economics (DSE), Delhi | Delhi | INR 25,000 |
49 | KJ Somaiya Institute of Management, Mumbai | Mumbai | INR 19,94,000 |
50 | Visvesvaraya Technological University, Belgaum | Belgaum | INR 1,00,000 |
Students can find a ton of private MBA colleges in India. The MBA course fees of these colleges can vary due to a lot of reasons. College location, reputation, affiliation, placement, etc. are the major criteria. Students must enquire about the fee structure before mba admission.
Here is a list of top 50 government colleges MBA Fees with location:
Sr. No. | College Name | Location | MBA Fees (INR) |
1 | Xavier School of Management (XLRI) | Jamshedpur | INR 24,90,000 |
2 | SP Jain Institute of Management and Research (SPJIMR) | Mumbai | INR 20,42,000 |
3 | Management Development Institute (MDI) | Gurgaon | INR 24,48,000 |
4 | Institute of Management Technology (IMT) | Ghaziabad | INR 20,84,000 |
5 | Symbiosis Institute of Business Management (SIBM) | Pune | INR 21,00,000 |
6 | Narsee Monjee Institute of Management Studies (NMIMS) | Mumbai | INR 22,00,000 |
7 | Great Lakes Institute of Management | Chennai | INR 19,25,000 |
8 | International Management Institute (IMI) | Delhi | INR 19,25,000 |
9 | ICFAI Business School (IBS) | Hyderabad | INR 16,02,000 |
10 | Birla Institute of Management Technology (BIMTECH) | Greater Noida | INR 13,00,000 |
11 | T.A. Pai Management Institute (TAPMI) | Manipal | INR 20,00,000 |
12 | Loyola Institute of Business Administration (LIBA) | Chennai | INR 17,08,000 |
13 | Christ University, Institute of Management | Bangalore | INR 8,05,000 |
14 | Prin. L.N. Welingkar Institute of Management (WeSchool) | Mumbai | INR 13,00,000 |
15 | Amity Business School | Noida | INR 14,64,000 |
16 | KJ Somaiya Institute of Management | Mumbai | INR 19,94,000 |
17 | Symbiosis Centre for Management and Human Resource Development (SCMHRD) | Pune | INR 20,22,000 |
18 | Xavier Institute of Management | Bhubaneswar | INR 21,00,000 |
19 | ICFAI Business School (IBS) | Gurgaon | INR 16,02,000 |
20 | Symbiosis Institute of International Business (SIIB) | Pune | INR 17,20,000 |
21 | Lal Bahadur Shastri Institute of Management (LBSIM) | Delhi | INR 12,90,000 |
22 | FORE School of Management | Delhi | INR 16,98,000 |
23 | Goa Institute of Management (GIM) | Goa | INR 18,00,000 |
24 | Institute of Rural Management (IRMA) | Anand | INR 16,00,000 |
25 | Alliance School of Business, Alliance University | Bangalore | INR 14,00,000 |
26 | IFIM Business School | Bangalore | INR 16,00,000 |
27 | Shiv Nadar University School of Management | Greater Noida | INR 12,50,000 |
28 | S.P. Jain School of Global Management | Mumbai | INR 17,00,000 |
29 | MICA | Ahmedabad | INR 21,00,000 |
30 | Institute for Financial Management and Research (IFMR) | Chennai | INR 14,56,000 |
31 | Jaipuria Institute of Management | Noida | INR 10,45,000 |
32 | ICFAI Business School (IBS) | Mumbai | INR 16,02,000 |
33 | Jagan Institute of Management Studies (JIMS) | Delhi | INR 10,50,000 |
34 | Bharati Vidyapeeth’s Institute of Management | Pune | INR 4,50,000 |
35 | Indus Business Academy | Bangalore | INR 8,51,000 |
36 | New Delhi Institute of Management (NDIM) | Delhi | INR 9,50,000 |
37 | ITM Business School | Navi Mumbai | INR 10,45,000 |
38 | Jagannath International Management School (JIMS) | Delhi | INR 7,75,000 |
39 | MIT School of Management | Pune | INR 7,50,000 |
40 | VIT Business School | Vellore | INR 7,00,000 |
41 | PES University, Faculty of Management Studies | Bangalore | INR 9,00,000 |
42 | Woxsen School of Business | Hyderabad | INR 17,50,000 |
43 | Dayananda Sagar Business School | Bangalore | INR 6,75,000 |
44 | Kristu Jayanti College | Bangalore | INR 6,00,000 |
45 | Birla Global University | Bhubaneswar | INR 7,50,000 |
46 | Acharya Bangalore Business School (ABBS) | Bangalore | INR 5,50,000 |
47 | Asian Business School | Noida | INR 7,65,000 |
48 | International School of Business & Media (ISB&M) | Pune | INR 12,50,000 |
49 | Lovely Professional University (LPU) | Jalandhar | INR 6,50,000 |
50 | GITAM School of International Business | Visakhapatnam | INR 7,00,000 |
MBA scholarships are offered to students by most colleges and universities. These can be based on good grades, financial need, or student category. Institutes set minimum grade requirements and other details required for the scholarships.
Many top MBA (Master of Business Administration) colleges also provide scholarships. These scholarships are intended to help students who don't have much money. The scholarships are provided to give financial support to good students. This allows them to do their MBA without too much financial struggle.
Top MBA colleges in India offering MBA courses scholarships:
MBA Colleges | MBA Scholarships Awarded |
Indian Institute of Management Ahmedabad |
IIMA Scholarships for Special Need-Based Scholarships for reserved category students.
|
Indian Institute of Management Bangalore |
|
Indian Institute of Management Kozhikode |
|
Indian Institute of Management Calcutta |
Companies sponsor various scholarships to support students. Some examples include:
These scholarships provide valuable financial aid to deserving students. |
Indian Institute of Management Lucknow | Need-Based IIML Scholarships |
Indian Institute of Management Indore | Need-Based Financial Assistance |
Xavier School of Management (XLRI) |
|
The MBA program teaches students about management. It shows them the different parts of the business world. The MBA is a 2-year graduate degree. It helps students learn business, management, and leadership skills. Subjects are designed to provide deep knowledge of business management.
In the first year of an MBA program, students start with core courses. These include Organizational Behavior, Marketing, and Principles of Management. The goal is to give students a strong foundation in these important business areas.
The second year of an MBA trains students in Entrepreneurship and Business Law. Colleges divide Master Of Business Administration (MBA) subjects into core and electives. This lets students choose the elective subjects they want to study.
The MBA program has classes that teach students about business. These classes are divided by semester. Each semester focuses on different parts of the business world.
Here is the list of semester-wise MBA subjects:
Semester 1 | Semester 2 |
Corporate Social Responsibility | Macroeconomics |
Microeconomics | Business Law |
Principles of Marketing Management | Operations Management |
Principles of Accounting | Optimization and Project Research |
Tools and Framework of Decision-Making | Corporate Finance |
Quantitative Methods and Statistics | Project Management |
Business Communication and Soft Skills | Marketing Management |
Organizational Behaviour 1 | Organizational Behaviour 2 |
Semester 3 | Semester 4 |
Supply Chain Management | Project Study |
Financial Modelling | International Business Environment |
Strategic Management | Strategic Management |
Business Intelligence | Elective Course |
Marketing Research | - |
Managerial Economics | - |
Corporate Governance and Business Ethics | - |
Corporate Finance 2 | - |
Candidates can study an MBA with a focus on a specific field rather than doing a regular course. Choosing a specific MBA branch is recommended. It equips students with a better understanding of any business. Roles like HR, Finance, Operation or Marketing manager have different responsibilities. These are different branches of management.
Here is a list of popular MBA Specialisations:
List of Specializations in MBA courses |
|
Finance | Agriculture & Food Business |
Marketing | Materials Management |
Human Resources | Retail |
Sales | Oil & Gas |
International Business | NGO Management |
Infrastructure | Advertising |
Disaster Management | Pharma |
Operations | Rural Management |
Energy & Environment | Project Management |
Product | Supply Chain |
Import & Export | Sports Management |
Digital Marketing | Forestry |
IT & Systems | Telecom |
Healthcare & Hospital | Transport & Logistics |
Business Analytics | Textile Management |
Entrepreneurship | Hospitality |
Business Economics | Public Policy |
Master of Business Administration and Chartered Accountancy are two very popular career options. Both these courses are masters degrees. They both offer good job opportunities and higher salary packages. However, they are quite different from one another. Students often get confused about choosing between an MBA or CA. MBA is ideal for students seeking a career in the field of management. Whereas CA is a better option for students interested in accounting and taxation.
MBA is a postgraduate degree. It provides skills and expertise required to manage several types of business. Students are trained in communication, leadership, management, and other skills. They use these skills to solve problems and generate profits for their company. Whereas, CA is a professional certification program. Students learn about accounts, finance and taxation in this program. They offer important financial advice to all types and sizes of businesses.
Several prestigious government and private organizations offer MBA courses. IIMs are top grade institutions in India for business management. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, are some top IIMs in India. There are also some other state and center funded top B-Schools in India other than IIMs. XLRI, SPJIMR, MDI, TAPMI, SIBM are some of the top private B-Schools in India. The average MBA course fees of these colleges range between INR 4 lakh to 25 lakh.
Chartered Accountant is a professional course in India. It is offered through Institute of Chartered Accountants of India (ICAI) in India. Students need to complete three levels of training to get this degree. It usually takes 4.5 to 5 years. University Grants Commission (UGC) of India considers it equivalent to a master's degree. ICAI is the only organization that manages and conducts CA exams in India.
MBA can be pursued in several specialisations after appearing in entrance exams like CAT, MAT, XAT, CMAT, etc., while the Chartered Accountancy course can be completed after clearing three levels mentioned below:
MBA and PGDM are both postgraduate-level courses in management. MBA is a master's degree in management, however, PGDM is a PG diploma. Students need to have a bachelor's degree to pursue both courses. Both programs offer managerial and entrepreneurial training and concepts. Here are some of the key differences between these courses:
Particulars | MBA | PGDM |
Full Form | Master of Business Administration | Post Graduate Diploma in Management |
Qualification | Master's degree offered by central-level universities | Postgraduate diplomas are offered by autonomous institutes or B-schools. |
Affiliation | Universities offer these programs, which are subject to the regulations and approval of the relevant institution and higher education authorities. | Autonomous institutes offer PGDM courses certified by agencies such as AICTE, but the curriculum and grading procedures are decided by the institute. |
Curriculum Flexibility | Limited flexibility | Greater flexibility in curriculum designing |
Duration | 2 years | 1 - 2 years |
Admission Criteria | Entrance Exam + Merit | Entrance Exam + Merit |
Global Recognition | MBA degrees are often recognized worldwide | The degree of global recognition varies according to the reputation of the institute that offers the program. |
Read More about MBA vs PGDM:
Top Differences Between PGDM vs MBA: Which one to choose?
About 5,000 colleges in India offer Master of Business Administration (MBA) courses. This includes government and private organisations. Top MBA colleges in India comprise of IIMs, IITs, NITs, and private colleges. Getting into a Tier 1 college is tough, as they offer admission through entrance exams, GD, WAT and PI. CAT, MAT, XAT, GMAT, etc. are some of the toughest entrance tests in India for an MBA. Students need to work hard to pass these entrance tests. Tier-2 or Tier-3 MBA colleges have lower cutoffs than IIMs, XLRI, MDI, SPJIMR, FMS, IMT, and other tier-1 colleges. Students need to select colleges according to their academics and prepare for them.
There are several tier 1 cities in India that host top MBA colleges. Pune, Bangalore, Mumbai, Kolkata, Delhi, and Ahmedabad are considered top destinations for MBA education. The tables below contain the list of top colleges offering MBA courses by location.
Here is the list of the top 10 colleges in Mumbai offering MBA courses. For a complete list, please click here.
Top Colleges for MBA Courses in Mumbai |
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ICFAI Business School Mumbai | Admission Process |
IIM, Mumbai | Admission Process |
NMIMS School of Business Management, Mumbai | Admission Process |
Shailesh J. Mehta School of Management, IIT Bombay | Admission Process |
SPJIMR Mumbai | Admission Process |
SIMSREE - Mumbai | Admission Process |
SDA Bocconi | Admission Process |
SIES College of Management Studies | Admission Process |
VIT Vidyalankar Institute of Technology | Admission Process |
Xavier Institute of Management Research | Admission Process |
The below table contains the list of the top 10 colleges in Delhi offering MBA courses. For a complete list, please click here.
Top Colleges for MBA Courses in Delhi-NCR |
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SOIL (SOIL Institute of Management) | Admission Process |
Amity University, Noida | Admission Process |
BIMTECH Greater Noida | Admission Process |
BML Munjal University School of Management | Admission Process |
DOMS-IIT Delhi | Admission Process |
FMS, Delhi University | Admission Process |
Fore School of Management | Admission Process |
GD Goenka University | Admission Process |
Indian Institute of Foreign Trade | Admission Process |
IMI Delhi | Admission Process |
IMT Ghaziabad | Admission Process |
The table below contains the list of the top 10 colleges in Bangalore offering MBA courses. For a complete list, please click here.
Top Colleges for MBA courses in Bangalore |
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AIMS Institute | Admission Process |
Christ University | Admission Process |
Dr. Ambedkar Institute Of Technology (AIT), Bangalore | Admission Process |
IIM Bangalore | Admission Process |
ISBR Business School | Admission Process |
Indian Institute of Plantation Management | Admission Process |
ISME Bangalore | Admission Process |
Presidency College | Admission Process |
Regional College of Management | Admission Process |
XIME Bangalore | Admission Process |
Given below is the list of the top 10 colleges in Pune offering MBA courses. For a complete list, please click here.
Top Colleges for MBA courses in Pune |
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Balaji Institute of Modern Management | Admission Process |
Dept of Mgt Sciences, Pune University | Admission Process |
Indira Institute of Management IIMP | Admission Process |
National Institute of Bank Management | Admission Process |
National Insurance Academy | Admission Process |
Pune Institute of Business Management | Admission Process |
Symbiosis Institute of Digital & Telecom Management | Admission Process |
Singhad Institute of Management | Admission Process |
Symbiosis Centre For Information Technology | Admission Process |
SIBM Pune | Admission Process |
Here is the list of the top 10 colleges in Punjab offering MBA courses. For a complete list, please click here.
Top Colleges for MBA courses in Punjab |
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Amity University, Mohali | Admission Process |
Chandigarh University, Chandigarh | Admission Process |
Chitkara University, Chandigarh | Admission Process |
Chandigarh Group of Colleges, Mohali | Admission Process |
C T University, Ludhiana | Admission Process |
CGC, Landran, Chandigarh | Admission Process |
GNA University, Phagwara | Admission Process |
IIM, Amritsar | Admission Process |
Lovely Professional University, Jalandhar | Admission Process |
University Business School, Chandigarh | Admission Process |
Given below is the list of the top 10 colleges in Chennai offering MBA courses. For a complete list, please click here.
Top Colleges for MBA courses in Chennai |
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DOMS-IIM Madras | Admission Process |
Great Lakes Institute of Management | Admission Process |
Loyola Institute of Business Administration | Admission Process |
Loyola Institute of Technology | Admission Process |
MOP Vaishnav College for Women | Admission Process |
SSN School of Management | Admission Process |
SRM School of Management | Admission Process |
SRM Easwari Engineering College | Admission Process |
School of Management DG Vaishnav College | Admission Process |
University of Madras | Admission Process |
The table below contains the list of the top 10 colleges in Kolkata offering MBA courses. For a complete list, please click here.
Top colleges for MBA courses in Kolkata |
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Calcutta University | Admission Process |
Globsyn Business School | Admission Process |
IIM Calcutta | Admission Process |
IIFT Kolkata | Admission Process |
IMI Kolkata | Admission Process |
Institute of Engineering & Management | Admission Process |
Praxis Business Schools | Admission Process |
St Xavier’s University | Admission Process |
Unitedworld School of Business | Admission Process |
UEM-Kolkata | Admission Process |
Given below is the list of the top 10 colleges in Hyderabad offering MBA courses. For a complete list, please click here.
Top colleges for MBA courses in Hyderabad |
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Badruka College Post Graduate Centre | Admission Process |
Chaitanya Bharathi Institute of Technology | Admission Process |
ICFAI Business School | Admission Process |
Institute of Public Enterprise | Admission Process |
Institute of Management Technology | Admission Process |
Malla Reddy College of Engineering and Technology | Admission Process |
National Institute of Agricultural Extension Management | Admission Process |
NMIMS University, Hyderabad | Admission Process |
Symbiosis Institute of Business Management | Admission Process |
Woxsen University | Admission Process |
Given below is the list of the top 10 colleges in Ahmedabad offering MBA courses. For a complete list, please click here.
Top Colleges for MBA courses in Ahmedabad |
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Amrut Mody School of Management | Admission Process |
BK School of Business Management | Admission Process |
IIM Ahmedabad | Admission Process |
Institute of Management Nirma University | Admission Process |
ICFAI Business School, Sarkhej | Admission Process |
LJ Institute of Management Studies | Admission Process |
MICA Shela | Admission Process |
Narayana Business School | Admission Process |
St. Kabir Institute of Professional Studies | Admission Process |
Shanti Business School | Admission Process |
Distance MBA courses have gained significant popularity in India. They offer working people a chance to upgrade their skills. Students who cannot attend regular classes can pursue this mode of education. It gives students the freedom to study at their own pace remotely. Many top B-Schools in India offer Distance MBA courses. However, college ranking, fees, and curriculum may change over time. Be sure to check these details before taking admission.
Here are some of the top colleges in India offering Distance MBA courses:
Distance MBA Colleges | Distance MBA Courses Fees (in INR) |
National Institute of Agricultural Extension Management | 15 K |
SRM Institute of Science and Technology, Kattankul | 60 K |
Neville Wadia Institute of Management Studies and Research | 3.8 L |
Indian Institute of Finance | 1.6 L |
IGNOU | 62 K |
DAVV | 72 K |
Guwahati University | 7 K |
Institute of Distance Education, University of Madras | 6.8 K - 20 K |
Symbiosis Centre for Distance Learning | 50 K |
Common University Entrance Test for Postgraduate (CUET PG) is a major entrance exam. It offers admission to various postgraduate programs. This test is accepted by several Central/State governments, deemed or private universities. It is introduced as a common platform offering equal opportunities to students. There are around 415 MBA colleges in India that accept CUET PG scores.
Here is a list of top MBA colleges accepting CUET PG scores:
MBA Colleges | MBA Course Fees |
Banaras Hindu University | INR 10.23 K - 99.31 K |
SOA University | INR 3 L |
Graphic Era Deemed to be University | INR 7.17 L |
BBAU | INR 20 K - 1.8 L |
Galgotias University | INR 1.8 L - 2.98 L |
UoH | INR 2.16 L - 4.69 L |
Shoolini University | INR 5.95 L - 9.4 L |
GLA University | INR 4.5 L |
Pondicherry University | INR 32 K |
MBA placements are the most crucial part of this course. It is an expensive course and it offers good placement opportunities. It is a professional degree, so students expect to get good job offers after this course. However, competition is quite high in the corporate sector. Although MBA graduates often get lucrative packages with good career growth.
Here is a list of top MBA colleges with the best placement opportunities:
MBA Colleges | Average MBA Package (in INR) |
Dravidian University | 51.36 LPA |
IIM Calcutta | 31 - 33.67 LPA |
Masters' Union | 33.1 LPA |
IIM Bangalore | 33 LPA |
S.P. Jain Institute of Management and Research | 24.89 - 32.89 LPA |
Indian Institute of Management Mumbai | 31 LPA |
Faculty of Management Studies, University of Delhi | 31 LPA |
IIM Ahmedabad | 30 LPA |
IIM Lucknow | 30 LPA |
MBA is a professional degree but it has several specialisations. The salary packages mostly depend on the course and college. Every MBA specialization. Marketing, Finance, business analytics, general management, and entrepreneurship are the highest-paying MBA courses. The average salary of an MBA graduate from top colleges ranges between INR 5 – 30 LPA.
MBA Specialization | Sectors | Starting Salaries |
Finance | Banking, Corporate Finance, Private Equity, Risk Management, Sales & Trading | INR 6.5 - 7 LPA |
Business Analytics | Information Technology, E-Commerce, Financial Institutions, Healthcare | INR 5 - 10 LPA |
Marketing | Business Marketing, CRM, Advertising, Brand Management, Online Marketing, Retail | INR 7.5 - 8 LPA |
Human Resource Management | IT, Law Firms, Advertising Firms, Retail Companies | INR 6 - 7.5 LPA |
Operations Management | Retail, Logistics, Transportation, Hospitality, Manufacturing, Construction | INR 8 - 10 LPA |
An MBA degree can be very rewarding if you graduate from a top college. Most of the top companies these days have management jobs. MBA specialization offers skills that lead to attractive jobs with high salary packages. Sectors like marketing, tourism, healthcare, etc. have plenty of jobs for MBA graduates. You can get positions like executive, Junior manager or senior manager. These job roles have plenty of benefits other than salary.
You can get jobs as a Team lead or manager after getting an MBA degree. These positions hold the responsibilities of the entire team or department. As a manager, you will need to create plans and execute them. You will have to interact with clients and coordinate with other departments. You will be responsible for delegating the work and managing deadlines. You will be responsible for completing projects and reporting to higher authorities.
MBA salary is greatly influenced by the specialization. Some of the MBA specialisations offer better salary packages than others. Marketing, Finance, business analytics, general management, and entrepreneurship are the highest-paying MBA specialisations. The average salary of an MBA graduate from top colleges ranges between INR 5 – 30 LPA.
Here are some of the popular jobs after MBA and their salaries:
Job Profiles | Description | Average Salary (in INR) |
Business Analyst | A Business Analyst has a major role in any organisation. They analyse, understand, and document the processes and systems of any business. | 9.5 LPA |
Investment Banker | An investment banker is a person working for an investment bank or financial institution. They provide financial advice and raise capital for businesses, governments, and other entities. | 5 LPA |
Chief Financial Officer | The CFO is a senior executive in any organisation. He/she oversees the operation, creates strategies, and takes financial actions. | 47.1 LPA |
Product Manager | The role of the Product Manager is entirely related to the development of products. They are responsible for product creation, strategy, and success throughout its life cycle. | 24.7 LPA |
Management Consulting | Management consulting is an advisory role in any organisation. It involves increasing performance, solving problems, and achieving targets. | 7 LPA |
Asset Manager | An asset manager manages investments and assets on behalf of their clients. This includes individuals, companies or institutions. | 6.3 LPA |
HR Manager | An HR Manager or also known as a Human Resources Manager is the backbone of any company. They manage human resources or employees in any company. | 12 LPA |
Project Manager | A Project Manager plans, executes, and oversees any project in the organisation. | 19.1 LPA |
Sales Manager | A Sales Manager leads the team of sales executives in any business. | 6.7 LPA |
Marketing Manager | A Marketing Manager is responsible for promoting any products, services, or brands. They plan, execute, and oversee strategies involved in marketing. | 12.5 LPA |
Operations Manager | An Operations Manager manages the day-to-day operations of any organisation. | 10.4 LPA |
There are a lot of job opportunities for MBA graduates these days. Every industry is seeking talented managers. MBA graduates are getting hand-picked by top companies and MNCs. Most of the top MBA colleges provide campus placement. Students get jobs to offer even before completing their degree. MBA courses also offer internship programs that make students job-ready. They already get industry experience during their course. All types of government and private organizations hire MBA graduates for different roles.
Here is a list of top companies hiring MBA graduates through campus placements:
Various private companies and organisations hire MBA graduates. They directly pick their choice from top B-schools through campus placement every year.
Here is the list of top private MBA recruiters:
MBA Private Recruiters |
||
Deloitte | ITC | Tata |
HDFC | Larsen & Toubro | Microland |
ICICI Bank | EXL | Accenture |
JP Morgan Chase & Co. | HSBC | Amazon |
Mahindra | Goldman Sachs | Wipro |
McKinsey & Company | Nestle | Aditya Birla Group |
Reliance | Vodafone | Microsoft |
Government organisations are also not far behind in hiring MBA graduates. They also attend campus placement to pick the right candidates. They hire for positions like public administration, policy analysis, and government management.
Here is the list of top government employers hiring MBA candidates:
MBA Government Recruiters |
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RBI | Bharat Electronics Limited | IBPS |
Engineering Projects India Limited | IIT Kharagpur | City Union Bank |
Coal India Limited | SBI | Central Bank of India |
NABARD Consultancy Services | National Housing Bank | Bank of Baroda |
NIRF is a ranking agency launched by MHRD India. It is responsible for ranking top colleges providing higher education in different domains. NIRF is one of the most trusted sources for college ranking in the country. It ranks the best colleges on various parameters. Colleges ranked by NIRF offer the best education and placement opportunities.
Here is the list of the top 30 NIRF-ranked MBA colleges in India with their average CTC:
MBA Institute | MHRD-NIRF Ranking 2021 | Average CTC (INR) |
IIM Ahmedabad | 1 | 26.12 LPA |
IIM Bangalore | 2 | 26.18 LPA |
IIM Kozhikode | 3 | 22.50 LPA |
IIM Calcutta | 4 | 29.00 LPA |
IIT Delhi-DMS | 5 | 22.69 LPA |
IIM Lucknow | 6 | 26.00 LPA |
National Institute of Industrial Engineering, Mumbai | 7 | 21 LPA - 31 LPA |
IIM Indore | 8 | 23.60 LPA |
XLRI Jamshedpur | 9 | 25.08 LPA |
IIT Bombay-SJMSOM | 10 | 21.96 LPA |
IIM Raipur | 11 | 15.20 LPA |
IIM Rohtak | 12 | 13.74 LPA |
MDI Gurgaon | 13 | 22.05 LPA |
IIT Kharagpur-VGSOM | 14 | 18.44 LPA |
IIT Madras-DOMS | 15 | 14.38 LPA |
IIM Udaipur | 16 | 13.19 LPA |
SIBM Pune | 17 | 19.56 LPA |
IIT Roorkee-DOMS | 18 | 10.58 LPA |
IIM Kashipur | 19 | 17.2 LPA |
SPJIMR Mumbai | 20 | 15.11 LPA |
IIM Trichy | 21 | 14.85 LPA |
IIT Kanpur | 22 | 12.77 LPA |
IIM Ranchi | 23 | 14.69 LPA |
Jamia Millia Islamia | 24 | 8 LPA |
IIM Shillong | 25 | 19.17 LPA |
IIFT Delhi | 26 | 21.08 LPA |
Amity University | 27 | 5 LPA |
IIM Visakhapatnam | 28 | 16 LPA |
Online MBA courses are getting extremely popular due to their convenience and flexibility. This mode of education offers remote learning with live lectures, projects, and examinations. Students can learn from anywhere in the world with an internet connection and a laptop. It is beneficial for working people or those who cannot attend regular classes. They can learn at their own pace and advance their career.
Here is a list of top colleges offering Online MBA Courses:
Online MBA Courses | Course Provider | Fees (in INR) |
Introduction to Fundamentals of MBA | Amity University | FREE |
Master of Business Administration | IU International University | INR 4,70,916 |
Mini MBA in Marketing | Taxila Business School | FREE |
Students have various education and career options after MBA courses. These future opportunities make this course a choice of most graduates. Students with various backgrounds are pursuing this course for a better future. Further course choice after MBA depends on student's choice and career goals.
Some popular courses after an MBA degree are:
Ques: What is an MBA?
Ans: An MBA or Master of Business Administration is a postgraduate degree. It is a master's degree in the field of business management. Students with a bachelor's degree with 50 per cent marks can pursue this course. Most of the top companies in different fields hire MBA graduates for important roles.
MB has various specialisations including Marketing, HR, Finance, Entrepreneurship, and others. These branches of MBA offer lucrative job opportunities and salary packages. However, getting into top MBA colleges is not a child's play. MBA entrance exams are some of the toughest tests in India
CAT, XAT, NMAT, MAT, SNAP, CMAT, etc. are popular MBA entrance exams. Every year around 2 lakh aspirants participate in CAT. This entrance test is accepted by the best of B schools in India, including IIMs.
Also Read: Top MBA specialisations: Which Course to choose?
Ques: What is qualification for MBA?
Ans: Students with a bachelor's degree with minimum 50 percent marks can pursue MBA. However, some colleges also demand for 60% or above marks in graduation. SC/ST students do get some relaxation according to their reservation. Aspirants also need to clear entrance tests like CAT, MAT, XAT, NMAT, and CMAT. Students also need to clear GD, WAT and PI rounds to secure their seat.
Read More: 13 Things to do to crack GD-PI-WAT
Ques: Which MBA course is the best?
Ans: There are MBA courses or specialisations that lead to different career opportunities. Marketing, HR, Finance, Entrepreneurship, etc. are some of the most popular MBA courses. They offer lucrative job opportunities in different fields of business management. However, the best MBA course completely depends on student's choice and career goals. After graduating from a top MBA, students develop various crucial skills. These skills help them communicate, lead and grow as a professional.
Read More: MBA Specialisation Guide
Ques: What is the difference between MBA and PGDM?
Ans: MBA and PGDM both are postgraduate level courses in the field of management. They are basically the same and offer similar courses. Career opportunities and job roles after the two courses are also very similar. However, there are some fundamental differences between these two courses.
The main differences between MBA and PGDM are:
Points of Difference | MBA | PGDM |
Full form | Master of Business Administration | Post Graduate Diploma in Management |
Course Level | Degree | Diploma |
Eligibility | Bachelor's degree with 50 per cent marks | Bachelor's degree in any discipline |
Accreditation | University Grants Commission (UGC) | All India Council for Technical Education (AICTE) |
Also Read: Know About MBA vs PGDM
Ques: How to crack CAT Exam 2023?
Ans: CAT is one of the toughest MBA entrance exams. It is very important to stick to a well-balanced study plan to crack the CAT Exam 2024. Focus on your weaker subjects, giving them more time. Also, make sure to revise your good subjects. Mock tests in exam conditions are also helpful for conditioning to the real pressure. Give 1/3rd of your time to your studies. Working professionals also need to dedicate a minimum of four hours per day to study. They can manage that extra time on weekends.
Here is a list of some common steps for CAT exam preparation approach:
Read More: Best Books for CAT
Ques: Can I pursue MBA through correspondence?
Ans: Yes, many prestigious universities in India offer distance MBA courses. IGNOU, Annamalai University, and Osmania University offer MBA programmes through correspondence. Several private universities in India also offer online MBA courses. It is also a type of correspondence course. These courses may take up to 2 to 5 years to complete.
Distance MBA programmes became quite popular after the pandemic. Students find it beneficial due to many reasons including being affordable and flexible. It allows students to maintain a work-life balance and pursue other interests.
Read More: Advantages of Online MBA
Ques: Which is better MBA or MSc?
Ans: An MBA or Master of Business Administration is a PG degree in business management. This course prepares students for leadership and decision-making job positions. The constant increase of new businesses has increased the demand for talented business managers. This encourages more students from all streams to pursue an MBA degree. The average fees of different MBA courses range between INR 4 lakh to 25 lakh.
MSc or Master of Science is a postgraduate degree that is open only to candidates with a BSc in a relevant field. This course includes the study of subjects like Science, Engineering, Mathematics, and Medicine. The average fees of different MSc courses range between INR 20,000 to INR 1.2 lakh.
Read More: Know the difference between MBA and MSc
Ques: What is MBA course duration?
Ans: The duration of an MBA course may vary from course to course and colleges providing it. You can find MBA programs with different course durations in India:
Ques: Can I get admission into MBA without an entrance exam?
Ans: Most reputable MBA colleges offer admission through entrance tests. It is practically impossible to get admission to top colleges without entrance tests. It is highly unlikely to get into a reputable MBA program without taking any entrance exam. They help evaluate the knowledge and dedication level of students. However, some colleges also offer direct admission to MBA courses. These colleges mainly have lower eligibility criteria due to their lesser recognition. Students should go to colleges with better reputations to excel in their careers.
Ques: What is the age limit to pursue MBA degree course?
Ans: Currently there is no specific age limit for pursuing an MBA degree in India. Most business schools or universities accept applications from aspirants without age restrictions. However, different MBA entrance exams may have different restrictions including the number of attempts. Admission to most Business schools is offered based on certain eligibility requirements. It includes academic qualifications, work experience, entrance exam scores, and personal interviews. Age is currently not a primary factor in the MBA admission decision process.
Ques: Does an MBA require Class 12 marks?
Ans: The minimum educational requirement for an MBA course is a bachelor's degree in any stream. However, students can also choose to pursue integrated MBA courses. For such a degree, students are required to pass Class 12 or equivalent exams. They may also need to submit their class 12th mark sheet before admission. It totally depends on the college. Class 12 marks are not that important for MBA but they can be useful in overall academic evaluation.
Ques: What is MBA salary after completing the course?
Ans: MBA salary may vary due to factors. It mostly depends on college, specializations, work experience, location, and others. However, we can provide a general idea of the MBA salary after placement.
Salary levels for MBA graduates with different specializations and experience levels:
Ques: Can I enroll into MBA degree course at the age of 25?
Ans: Yes, most of the individuals start their MBA journey around the age of 25. It is a PG degree and students often take around 20 years to graduate. Top MBA colleges offer admission through entrance exams. Students may need 2 to 3 years to prepare for these exams. Some MBA courses also require 2 to 5 years of work experience. MBA courses also don't have any age limitations, so go ahead.
Ques: Can I do an MBA course after completing BCom course?
Ans: Yes, most BCom students pursue MBA as a career option. Understanding subjects like Finance, Accounting, Economics, etc. gives them a strong foundation.
Ques: Can a BSc student do MBA?
Ans: Yes, BSc students can opt for an MBA degree after graduation. Eligibility criteria for MBA admission is a bachelor's degree in any stream with 50% marks. Students also need to clear some entrance tests to get admission to top colleges.
Ques: Why is an MBA so popular?
Ans: An MBA is one of the most popular PG courses in India. It offers lucrative job opportunities in top companies in India and abroad. Most of the CEOs of top MNCs are MBA graduates which means this course offers maximum success. MBA courses create leaders with abilities to make a business successful. It focuses on skills like quick thinking, decision making and problem-solving. Students with a bachelor's degree with 50% marks in any stream can pursue MBA. This is why MBA courses are quite popular in India.
Ques: Can I pursue an MBA degree without BBA degree?
Ans: Yes, candidates can pursue an MBA degree without having a BBA degree. MBA welcomes students from all backgrounds like Engineering, Art, Science, Commerce, and others. While a BBA degree may give you basic knowledge of business management it is not mandatory.
Ques: Who earns more - a CA or MBA graduate?
Ans: Both CA and MBA are professional degrees and offer high salary packages. The average salary of Chartered Accountants in India is somewhere around INR 10.3 LPAns: However, the average salary of MBA graduates is around INR 3.6 LPAns: Job location, experience, industry, etc. are major factors that influence their salary.
Ques: Is MBA course helpful in stock market?
Ans: Yes, an MBA course can be very helpful for candidates seeking a career in the stock market. MBA courses don't include the stock market but provide skills relevant to this field. They train students in subjects like Finance, Accounts, business policies, and others.
Ques: Why MBA is a popular choice after BTech?
Ans: BTech is one of the most popular undergraduate degrees. It provides technical education leading to crucial job positions and higher salary packages. MBA degrees train students to make decisions, lead teams, and manage business. Pursuing an MBA after a BTech prepares students for management roles and better packages.
Ques: What type of MBA should I choose after engineering?
Ans: Engineering students can pursue an MBA in IT, Technology Management, Business Analytics & Big Data. These courses offer high chances of career growth. Students can also pursue the executive MBA if they have working experience. A general MBA can also be a better choice since it develops overall managerial skills.
Ques: Which MBA course is best suited to civil engineers?
Ans: Civil engineers looking to pursue an MBA can have various options. Master of Business Administration offers various specializations that can help boost their careers.
MBA specializations best suited for Civil Engineers:
Ques: What are the Mechanical Engineering-oriented MBA courses?
Ans: Mechanical engineers can combine their technical education with management skills. MBA offers several specializations that can help boost their careers.
MBA specializations best suited for Mechanical Engineers:
Ques: Is an online MBA considered a full-time MBA?
Ans: It totally depends on the specific program and its structure. Some online MBA programs mirror the intensity and curriculum of regular programs. They offer similar opportunities and resources for career development. The only difference is they offer the flexibility of remote learning. Some Online MBA courses are more flexible and they allow students to learn at their own pace. These courses may take more than 2 years.
Ques: What is the full form of an MBA?
Ans: MBA full form is Master of Business Administration. It is a 2-year course that focuses on business and its management concepts.
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