Today’s world is a business world. Every person has a business idea, and some are actively working on it. Business Administration has become an important skill that an individual aiming to work in the field of business should have. A degree in MBA opens the doors to various fields within business administration, from HR to Marketing. Every student, regardless of their discipline, can pursue an MBA degree.
With this high amount of competition, it is often difficult to get into that one top college. But there are different colleges, with the best faculties and placements that offer an MBA course.
In this blog, we will discuss the top MBA colleges in India, covering every important aspect that a student looks for before taking admission.
WHAT IS MBA COURSE?
MBA, Master’s of Business Administration, is a postgraduate course. It aims at making students aware of business world. It builds in students abilities like critical thinking and business analysis through a vast range of case studies, helping them understand the complexities of business administration.
Areas of business administration covered under MBA program-
- Finance
- Human Resource
- Marketing
- Operations Management
Many students aim to pursue the course from best MBA colleges in India. Some of the MBA colleges are mentioned in the blog.
TOP 5 MBA COLLEGES
Here are top 5 choices for students based on MBA college rankings, the facilities available, and placement offers.
IIM AHEMDABAD
IIM Ahemdabad is one of the top colleges in India for MBA.
- Its current NIRF ranking for Business and Management courses is #1.
- Situated in Ahemdabad, Gujarat, it is the first preference of any MBA student.
- The examination required for admission in IIM Ahemdabad is Common Aptitude Test (CAT). Students must score a high percentile and clear the interview round to enter into this institute.
- The fees structure for IIM Ahemdabad is approximately 26.5 Lakhs.
- While the financial and mental investment is quite high for this institute, it is worth it in the end. The starting salary package offered to the students begins at 34 Lakhs and increasing with experience. Along with this, the placements that students get in big firms brings with it, high job satisfaction and career growth.
FACULTY OF MANAGEMENT STUDIES, DELHI
Faculty of Management Studies, FMS is part of University of Delhi. Many students wish to study in this top college of Delhi University.
- In Outlook rankings, FMS was ranked #11. This makes it a top MBA college.
- A part of the governmental university, the fees for FMS is ess as compared to other MBA colleges. The fees for FMS is 2.5 Lakhs.
- The examination required for admission in FMS, Delhi is CAT. Students should score well in the entrance examination to get into the college.
- Faculty of Management Studies, Delhi provides students with great placement opportunities and career growth. The starting salary of placements are 34 Lakhs per annum.
IIM BANGALORE
After IIM Ahemdabad, the top branch of IIM institute is IIM Bangalore.
- Its current NIRF rankings is #2, making it one of the most chosen colleges for MBA.
- The examination required for admission in IIM Bangalore is CAT. Students must perform well in the exam. Students must also pass the interview rounds to get into the institute.
- The fees structure for IIM Bangalore is almost similar to that of IIM Ahemdabad, approximately 26 Lakhs.
- Many top firms provide placement opportunities to the students from IIM Bangalore. The starting salary is 35 Lakhs and more.
IIM CALCUTTA
IIM Calcutta, like the other two IIMs mentioned, is an old IIM and thus, quite famous for MBA.
- Its current NIRF rankings is #5. This hints at the top faculties and facilities available there.
- The examination required for admission in IIM Calcutta is CAT. Students have to pass in the entrance exam and clear the interview rounds to be part of IIM Calcutta.
- The fees structure for IIM Calcutta also follows the same range and is approximately 30 Lakhs.
- There are top firms collaborating with IIM Calcutta for providing perfect placement opportunities to students. The salary package starts from 35 Lakhs approximately.
XAVIER’S SCHOOL OF MANAGEMENT
Xavier’s School of Management is one of the top private colleges for MBA course.
- Its current NIRF ranking is #9, making it the top private MBA college.
- The examination required for admission in Xavier’s is Xavier’s Aptitude Test, XAT. Students must score a high percentile and have good interview answers to earn a seat in Xavier’s.
- The fees structure for Xavier’s is similar to that of other MBA colleges and approximately is 31 Lakhs.
- Xavier’s provide good placement offers for students. The starting salary is 31 Lakhs.
There are more colleges for MBA that provide great opportunities for students. The five mentioned above are a mix of top governmental and private institutions. In order to secure seat in MBA colleges in India, students must prepare well for the entrance exams like CAT and XAT that can be really competitive.
CONCLUSION
MBA is a course most demanded in India currently. Every student wishes to pursue the course because of its long-term benefits, like high salary packages and job satisfaction. However, with increasing competition, the path to top colleges have also been made difficult.
Students aiming for the top colleges mentioned above, should focus on preparing well for the entrance examinations required like CAT and XAT. These examinations can be highly competitive A high percentile is required to get into the best institutes. Students must also work on their interview skills, which can play an important role in their selection in these top institutes.
At Infigon Futures we aim to provide students with the best career guidance, opening for the doors of opportunities and a successful career. If you are looking to be part of the top MBA colleges in India, join Infigon Futures for career counselling.
