MBA or Master of Business Administration is one of the most renowned postgraduation course in India. It is a degree that teaches students the key skills required to run a business and is pursued by lakhs of students every year. A student can go for MBA after completing his/her graduation from a recognized college in India.
MBA is a course that can stimulate your career and promises a higher remuneration for your future. This is why there are lakhs of aspirants for MBA who try hard every year to get admitted into a prestigious institute and study the course from the best of the faculty. In India, there are a large number of institutions that offer an MBA to the eligible students.
Top 10 Colleges for MBA in India:
Here is a list of curated that suggests the top 10 colleges for MBA in India. Check out all of these and important information associated with these institutes like the cut off marks, placements, fees, packages, etc. It will help you a lot in your search of finding the most suitable institute for you.
IIM Ahmedabad is one of the top-most colleges to pursue a degree of MBA in India. It is a prestigious institute established in the year 1961. Students need to pass the CAT exam to apply for admission into this premier institution. The cut off released for admission stands between 99.9 to 99.95. The institute offers 5 different options in the MBA course. They include:
- Executive MBA
- Faculty Development Program (FDP)
- MBA in Food and Agri-business management
After studying at IIM Ahmedabad, many students have got placements in some of the renowned companies. They include Wipro, PayTM, Ola, Uber, Asian Paints, Flipkart, Reliance, Tata, Amazon, etc.
IIM Bangalore is another name amongst the top 10 colleges for MBA in India. Established in the year 1973, the college has come a long way and it excels in the quality of education provided to the students. If you have plans to pursue an MBA after your graduation, then this is one of the best colleges to try for. For admission, you need to clear the CAT exam with marks ranging from 99.8 to 99.9%ile.
The students of the institute have got placements in highly-established companies like KPMG, Hindustan Unilever, Tata Sky, Tata Administrative Service, Bajaj Finserv, Union Bank of Switzerland, Adani Group, Auctus Advisors, and many others. The average placement package received by students is 25 lakhs. The tuition fee for the institute is set at INR 19 lakhs.
IIM Calcutta is a reputable institution that is operating for the last 50 years in India. It is one of the best institution for research amongst the other IIMs in India. A total of 459 seats are there in the institute. The eligibility for taking admission to this institute is 99.59+ percentile in the CAT exam and at least 730 marks in the GMAT exam. The college charges a total fee of 13.5 lakhs from students to give admission into the course.
Established in the year 1984, IIM Lucknow is an institute that has a unique and world-class campus. It has a satellite campus to provide exclusive and reformed education to the students. Students who have passed the CAT exam with above 90 percentile can apply for taking admission into the institute.
The total intake of students by the institute is 295. The fees will be 13 lakhs. It is one of the top colleges for MBA in India. If you are interested in studying an MBA degree, make sure you consider this.
Institute of Management and Technology, Ghaziabad
Another private leading business school in the list of top colleges for MBA in India is the Institute of Management and Technology. Founded in the year 1980, the college has produced some of the great business leaders who have established a reputation and are doing well in the corporate world. The college has a beautiful campus and is spread to a large area.
It has a total of 540 seats that are offered to students who pass the eligibility criteria for taking admission into the MBA course. The minimum qualifying marks required for admission is 95.8 or above percentile in CAT and 96 or above in XAT. The tuition fee for studying at this prestigious institute is 7,85,000 per annum.
Management Development Institute (MDI) Gurgaon
MDI Gurgaon offers a full-time MBA course for the eligible students. It is a great option for pursuing MBA in India. The average fee for studying in the institute is 18.5 lakhs. You must clear the CAT exam to apply for admission here. The cut off for admission is set to 95%.
Over the last many years, companies who have offered placements to the students of MDI Gurgaon include Amazon, Flipkart, Google, Asian Paints, Axis Bank, Mother Dairy, Maruti Suzuki, OYO Rooms, Tata Sky, Kotak Mahindra Bank, Intel, and many more. The highest salary package offered to students is around 19.82 lakhs.
Xavier Labour Relations Institute, Jamshedpur
Established in the year 1949, Xavier Labour Relations Institute is located in Jamshedpur. It is a well-known and esteemed college for pursuing MBA. Being a private college, it offers a wide range of facilities to the students. Students who wish to study at this institute need more than 98.9 percentile in XAT and 630+ marks in the GMAT exam.
IIM Indore has earned a reputation as one of the top colleges for MBA in India. Every year lakhs of students aspire to get admission into this prestigious institute. However, only students who clear the CAT exam with 95%+ percentile manage to do so. The institute has a total number of 228 seats that are offered to the eligible students based on their merit.
The total tuition fee for admission to IIM Indore is 13 lakhs. If you wish to study at this premier institute, you must work hàrd and put all your efforts into passing the CAT exam with the required numbers.
Delhi Departmental Studies (DMS)
DMS is another great institution to get yourself enrolled to study MBA. It is one of the top management schools to go for and develop entrepreneurial skills. The fees for studying here is 8 lakhs. The eligibility criteria are 90% or above marks in the CAT exam. The institute offers 4 different courses in MBA:
- Executive MBA
- Executive MBA in Technology Management
- MBA in Telecommunication Systems Management
Companies that have offered placements to the students of DMS include HP, Wildcraft, Wipro, IBM, Hindustan Petroleum, IndiaMart, Airtel, Flipkart, etc. The average salary package earned by students is about 17 lakhs and the highest package offered to date is 27 lakhs per annum.
Founded in the year 1997, IIM Kozhikode has come a long way. The institute has grown to an unexpected and impressive level. Students who wish to study MBA at this institute should have the minimum qualifying score of 85 percentile in the CAT exam. A total of 328 seats are there for eligible students. The tuition fee would be 4,80,000 per year.
Why do you need to do an MBA course?
MBA aspirants are usually young students who have completed their graduation or have earned a bit of professional experience. They are the students who want to explore better career opportunities and so they get attracted to doing an MBA course. However, not all are well-aware of the real worth of pursuing an MBA degree. MBA degree earned from an esteemed top-class business school can give you many advantages for your career. You can land up for a managerial position, secure a high digit salary, or can even become your own boss. Studying an MBA will open up ample opportunities for you. It will enhance your overall personality, knowledge, skills, critical thinking, and much more.
When you should start MBA preparation?
CAT exam is the doorway to get admission into premier institutes offering MBA program. Students usually start preparing for the exam in November. The exam is held between June or July every year. Students have to work hard and smart to score a high rank in the exam because of the difficulty level and the competition both are high.
However, as per your convenience and capacity, you can start MBA preparation any time even in the early years of your graduation. Make sure you study well to go through it and move ahead in the race to achieve your goals.