Master of Business Administration or MBA is one among the foremost popular post-graduate programmes in India and abroad. The two-year MBA programme acts as a gateway to a plethora of job and entrepreneurial opportunities. This course provides understanding associated with the administration of the business and managing the business operations. Students from any background, including Science, Commerce and Humanities can pursue MBA. Such students should also possess skills like excellent communication, leadership, problem-solving, management, research-oriented, analytical thinking, eye for detail, goal-oriented & ability to figure struggling , strong mathematical skills, etc. The full-time MBA is that the hottest among all, and includes theory classes, practical projects, and internship. Fresh graduates also as candidates with a couple of years of labor experience choose a full-time MBA.
India is home to a number of the top-rated MBA colleges like Indian Institute of Management (IIM), Ahmedabad; Indian Institute of Management (IIM), Bangalore; Indian Institute of Management (IIM Calcutta), Kolkata; Indian Institute of Management (IIM), Lucknow; Indian Institute of Technology (IIT), Kharagpur; Indian Institute of Management (IIM), Kozhikode; Indian Institute of Management (IIM), Indore; Department of Management Studies (DMS) IIT Delhi, Delhi; XLRI Xavier School of Management, Jamshedpur; Management Development Institute (MDI), Gurgaon, etc. MBA in India are often an honest choice for aspirants trying to find a reasonable fee structure with a high return on investment.
In India, an MBA degree is offered across various specialisations. Some of the most prominent ones are as follows:
General Management
Marketing
Operations Management
Healthcare Analytics
Event Management and PR
Marketing
Finance Management
Marketing
Finance and Marketing
Industrial Engineering
There are approximately 5,200 MBA colleges in India that offer the course in a full-time, part-time, distance-learning and online mode of study. These colleges provide degree, diploma and certificate courses. Out of these the top 20 MBA colleges in India ranked by NIRF offer degree courses in a full-time mode of study.
The eligibility criteria for MBA course may differ from college to college. However, the basic eligibility criteria to pursue an MBA is as follows:
Candidates must have passed graduation in any discipline or equivalent from a recognised university as a basic eligibility criteria for MBA (full-time).
Most of the institutes follow the minimum score criteria in graduation which is 50 per cent on average or equivalent. Some of the colleges also offer a five per cent relaxation to students from the reserved categories.
Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.
Although there are plenty of MBA colleges in India, there a few top ones that have been listed by NIRF. Following is a list of top 10 MBA colleges in India ranked by NIRF:
MBA graduates can choose from multiple courses to pursue higher education or certification. The popular courses are mentioned below:
Chartered Financial Analyst (CFA)
Financial Risk Manager (FRM) Exam
Certified Information Systems Auditor (CISA)
Certification in Risk Management Assurance (CRMA)
Certified in Production and Inventory Management (CPIM)
Project Management Professional (PMP)
Second MBA from an international business school
Finance Manager
Marketing Manager
Sales Manager
Human Resources Manager
Operations Manager
Product Manager
Data Analytics Manager
Digital Marketing Manager
Advertising Sales Manager
NGO Manager
Department of Management Studies (DoMS IIT Madras)
IIM Udaipur
IIM Trichy
IIM Raipur
IIM Ranchi
DMS IIT Delhi
IIM Kozhikode
IIM Indore
IIT Kharagpur
Shailesh J. Mehta School of Management (SJMSOM IIT Bombay)
IIM Lucknow
IIM Bangalore
IIM Ahmedabad
IIM Calcutta
Indian Institute of Technology (IIT Roorkee)
IIT Kanpur
MBA graduates from all the domains are in high demand. All organisations, big or small, private or government, hire MBA degree holders in various capacities. Below is the list of few top companies in India that recruit MBA postgraduates along with their placement ratings:
IIT Kanpur
DMS IIT Delhi
IIM Lucknow
IIT Roorkee
National Institute of Industrial Engineering (NITIE Mumbai)
DoMS IIT Madras
SJMSOM IIT Bombay
IIM Kozhikode
IIT Kharagpur
IIM Calcutta
Around 31% MBA colleges have fee structure that ranges from Rs 10-20 lakh. Some of these colleges are:
IIM Udaipur
IIM Raipur
IIM Ranchi
IIM Indore
IIM Bangalore
Around 6% MBA colleges have fee structure of more than Rs 20 lakh. Some of these colleges are:
Refer to the info-graphic below to get a detailed overview of the break-up of MBA colleges in India based on fee:
Ambedkar University – [AU], Delhi
Fateh Chand College for Women, Hisar
Fateh Chand College for Women, Hisar
Management Development Institute , Gurgaon
Al-Falah University
Guru Nanak Dev Engineering College , Ludhiana
CRM JAT College, Hisar
