Top Government MBA Colleges in India

Top Government MBA Colleges in India

What is the Placement Assistance Offered by Top Government MBA Colleges of India?

It is not surprising that every year, many candidates take entrance exams in an attempt to gain admission to top Indian government MBA colleges. The colleges offer excellent placements and a wide range of professional opportunities. IIMs are well-known for their placement support. The median package IIM Ahmedabad students receive is 22.80 LPA, according to statistics from previous years. Excellent support is also available at other Indian government MBA colleges.

People Also Ask

1. Are there any government MBA colleges in India?

Answer. Top Govt MBA colleges in India 2022

• FMS Delhi – Faculty of Management Studies University of Delhi. 
• JBIMS Mumbai – Jamnalal Bajaj Institute of Management Studies. 
• PUMBA Pune – Department of Management Sciences Savitribai Phule Pune University.
• IIM Bangalore – Indian Institute of Management.

2. Which is the best Government College for MBA in India? Top Govt MBA colleges in India

Answer. Top government MBA colleges in India include the IIMs and IITs.

Top Government MBA Colleges in India

Top MBA Colleges	NIRF Rankings 2021
Indian Institute of Management Ahmedabad	1
Indian Institute of Management Bangalore	2
Indian Institute of Management Calcutta	3

3. Which is the cheapest college for MBA in India? Top Govt MBA colleges in India

Answer. Cheapest colleges to study MBA courses in India – Placement

Name of the college	Average/Median Salary (in Rs.)
Delhi School of Economics, DU	-
Tata Institute of Social Sciences (TISS), Mumbai	Rs. 4.80 lakhs
Pune University Department of Management Sciences (PUMBA)	-
FMS BHU	Rs. 7.20 lakhs

4. Which college is best for MBA with low fees?

Answer. Register now for the latest MBA Exam & Admissions Updates, and contact Formfees for the latest updates

Top MBA college with Low Fees	Program Fee
SIMSREE, Mumbai	Rs. 1,36,000
Jamna Lal Bajaj Institute of Management Studies (JBIMS)	Rs. 6,00,000
BITS Pilani	Rs. 9,00,00
UBS Chandigarh-Panjab University	Rs. 38,000

• Top MBA Colleges with Low Fees: India’s Lowest Fee MBA colleges are the high RoI Management Institutes
• Top MBA colleges in India with Low fees charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 years of full-time residential MBA or PGDM program. Other prominent MBA institutions, such as IIMs, XLRI, MDI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs. 
• Some of the best B-schools in India offering low-cost MBA programs are associated with or management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To gain admission to top MBA schools with inexpensive tuition, you must do well on an entrance test such as the CAT/XAT/CMAT/MAH CET and have great academic/work experience.

Some Insights of Colleges from Other Regions as Well: Fee Structure For MBA in Government Colleges | Top Govt MBA Colleges in India

Fees for MBA courses in government colleges are low. The fees in those Top Govt MBA colleges in India are listed here.

Top Govt MBA colleges in India	Annual Fees
Jamia Millia Islamia University, New Delhi	INR 65,100
The University of Delhi, Faculty of Management Studies, New Delhi	INR 96,000
Institute of Management Studies, Banaras Hindu University, Varanasi	INR 1,20,767
Department of Management Studies, Anna University, Chennai	INR 20,500
Pondicherry University, Pondicherry	INR 74,718
University of Jammu, Jammu	INR 78,071
Maharaja Sayajirao University of Baroda, Vadodara	INR 14,500
Ganpat University, Mehsana	INR 95,000
RKDF University, Bhopal	INR 50,000
Department of Management Science, Savitribai Phule Pune University, Pune	INR 66,194

Entry Exams to Admission to Top Government MBA Colleges of India

CAT is one of India’s most popular management entrance exams. It is administered by IIMs to allow admission to top IIMs and other top B-schools in India. It is usually conducted in the last week or so of November. To select the best colleges MBA colleges in India, they use the CAT score.

IIFT is another common management entrance test that is administered by the National Testing Agency to determine eligibility for admission to MBA IB (International Business).

Many top Indian government MBA colleges also accept /MAT scores. It is done four times a year to be eligible for admission into more than 500 B-Schools in India.

Common MBA Courses in India

• Marketing and Sales
• Human Resource Management
• Banking and Finance
• International Business

How Can I Get Scholarship for MBA in India?

MBA in India is one of the most popular degrees, ensuring students a successful career. For millions of students, it is more than just a diploma. It is a fantasy that will never be realized due to the exorbitant price involved. Given the high cost of the degree, government schools and the government are developing government scholarships for MBA students in India in order to give financial aid to worthy students through MBA scholarships in India.

Five well-known MBA scholarships available in India are listed below with their eligibility and steps to apply, have a look:

1. Post Graduate Merit Scholarship For University Rank Holder. 
2. ONGC Foundation Scholarship Scheme for OBCs. 
3. Post Graduate Scholarship for Professional Courses for SC/ST.
4. Merit cum Means Scholarship for Professional and Technical Courses
5. OPJEMS (O. P. Jindal Engineering & Management Scholarships)

Government Scholarship for MBA students in India

There are various government scholarships for MBA students that offer full-time management scholarships. Five well-known MBA scholarships available in India are listed below with their eligibility and steps to apply, have a look:

1. Post Graduate Merit Scholarship For University Rank Holder

The scholarship program is at the top of our list of Government Scholarships for MBA Students. The University Grant Commission (UGC) of the Government of India is giving Post Graduate Merit Scholarships to university rank holders. This program focuses on top and second-place graduates around the country in various graduating courses. The grant is intended to encourage bright students to pursue postgraduate study.

Who all are eligible:

1. You must be under 30 years old.
2. A post-graduate program at a university (central/state) or one of the deemed universities/private universities/25 independent institutions/non-UGC affiliated colleges is required.
3. The prior graduation test must have resulted in a first or second-place finish.
4. A bachelor’s degree in biological sciences, physical sciences, chemical sciences, earth sciences, mathematical sciences, social sciences, commerce, or language is necessary.
5. A minimum grade point average of 60% is necessary for graduation.

How to apply:

1. Visit the website NSP.
2. Read the guidelines carefully before registering.
3. Then, choose your scholarship.
4. Fill in the blanks with your basic information.
5. Send your scholarship in and keep a copy for future reference.

2. ONGC Foundation Scholarship Scheme for OBCs

The ONGC Foundation Scholarship Scheme is our second top Government Scholarship for MBA students. As part of its CSR strategy, the Oil and Natural Gas Company provides a range of scholarships to OBC and other minority communities. Those who are presently enrolled in the first year of a full-time Engineering/MBBS/MBA/Master in Geology/ Geophysics degree program at a recognized university are eligible to apply for the Foundation Scheme for OBCs.

Eligibility:

1. Age should not exceed 30 years.
2. Indian nationality is required.
3. 1st year engineering graduate/1st year MBA master’s degree
4. Family income should not exceed Rs. 200,000 per year.
5. 60% or above in 12th grade

Reward:

The selected scholars will get a lump sum amount of INR 4,000 per month i.e. INR 48,000 per annum.

How to Apply:

1. On the website, https://www.ongcscholar.org/ applicants must complete an online application form.
2. To apply for a scholarship, go to the official website and choose the “Apply scholarship” option on the home page.
3. Now select “ONGC Scholarship for OBC Category” from the drop-down menu.
4. Fill up the needed information.
5. After double-checking the form, submit it.

3. Post Graduate Scholarship for Professional Courses for SC/ST

The plan was designed with candidates from the lowest parts of society in mind, with the purpose of giving them the chance to pursue postgraduate courses in professional topics such as engineering, technology, management, and pharmacy in Indian universities, institutes, and colleges.

Eligibility:

• Candidates who have completed their undergraduate studies and have been admitted into the first year of a professional postgraduate program are eligible for this scholarship.
• The applicant must be pursuing a master’s degree on a full-time basis.
• The upper age limit for male applications should not exceed 45 years, while the upper age limit for female candidates should not exceed 50 years.

Reward:

Candidates chosen for PG scholarships will get a monthly scholarship of Rs.5000/- (M.Tech) with a contingency grant of Rs.15000/- per year, and a monthly scholarship of Rs.3000/- with a contingency grant of Rs.10,000/- each year for the duration of the PG Scholarship.

How to Apply:

1. Only online application forms are available for filling up.
2. Students can apply for national scholarships by going to the national scholarship portal.
3. To apply online, go to this link.
4. Students must click on “New User/ Register” after clicking on this link.
5. To register, read over all of the guidelines and then click the proceed button.
6. In the registration form, fill in all of the essential information.

4. Merit cum Means Scholarship for Professional and Technical Courses

Moving on, we have the Merit cum Means Scholarship for Professional and Technical Courses on our list of Government Scholarships for MBA Students.

The Scheme’s purpose is to give financial assistance to qualified impoverished students from minority groups so that they can pursue professional and technical education.

Eligibility:

1. Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians are examples of minority groups (Parsis).
2. Students who obtained at least 50% or an equal grade on their last final test will be considered for a scholarship.
3. Whose parents/guardians’ total yearly income does not exceed Rs.2.50 lakh.
4. The candidate must be a student in an Indian government or accredited private university, institute, college, or school.
5. The program you are interested in should last at least a year.

Reward:

Rs. 20,000/- per annum, whichever is less, subject to actuals

How to Apply:

• For online application, visit https://scholarships.gov.in
• Search for the scholarship scheme there
• Enter the required details
• Submit before re-checking the added information

5. OPJEMS (O. P. Jindal Engineering & Management Scholarships)

The O.P. Jindal Engineering and Management Scholarships are ranked seventh among government scholarships for MBA students. The Group created these scholarship programs in 2007. (OPJEMS). 

These scholarships promote academic and leadership success and are awarded to worthy students who share Shri O. P. Jindal’s vision and beliefs, as well as the potential to lead in entrepreneurial accomplishment and innovation.

Eligibility:

• First 10 best performers from each management year- a. First-year students: the college considers entrance exam ratings for admitting students.
• Students in their second, third, and fourth years, depending on their academic results the previous year.

Reward:

INR 1,50,000 for each Management Students

How to Apply:

1. Visit the official website: www.opjems.com
2. Click on the OPJEMS 2021 Link
3. Read all the instructions carefully, and then start filling your application
4. Submit the form before re-checking the added information

Government MBA Colleges in Kolkata

Kolkata The capital of the legend city of West Bengal is one of India’s most sought-after MBA destinations. The top MBA institutions in Kolkata provide top-quality MBA training with top scores. The very first IIM of the nation, IIM Calcutta, was founded in Kolkata. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Kolkata. The two-year program can lead to an abundance of jobs in the business world.

MBA is offered in Kolkata is available through three different MBA schools, which include the IIMs which include IIM Calcutta; AICTE Approved PGDM Colleges such as IMI, MDI, Globsyn, Calcutta Business School and University MBA colleges such as IIFT, IISWBM, XBS, IEM. These management schools are what make Kolkata the most sought-after MBA destination. 

A successful MBA professional must have attributes that include excellent leadership, communication managing, problem-solving, analytical, and research-oriented thinking, attention to detail, goal-oriented and ability to perform under pressure, strong math skills, etc.

Top MBA Colleges in Kolkata Highlights

Parameters	Particulars/Statistics
Number of MBA Colleges in Kolkata	95
Fees	Annual Fee more than 5 lakh- 37% Annual Fee between Rs. 3-5 lakh- 36% Annual Fee between 2-3 lakh- 12% Annual Fee between 1-2 lakh- 7% Annual Fee less than 1 lakh- 8%
Top Specialisations	Sales and Marketing, Finance, Human Resources, IT and Systems, Operations, and many more
Number of IIMs	One

In Kolkata, an MBA degree is offered across various specializations. Candidates must graduate from recognized institutions/college with a minimum passing percentage. The duration of MBA course is two years. The best MBA colleges in Kolkata accept scores obtained by students in numerous national or state-level examinations, including MAT, CAT, JEMAT, CMAT, XAT, ATMA, NMAT, FDDI AIST, etc.

MBA Colleges in Kolkata Eligibility Criteria

The eligibility criteria for MBA courses may differ from college to college. However, the basic eligibility criteria for MBA is as follows. The candidates:

• Candidates must have passed graduation in any discipline or equivalent from a recognized university as a basic eligibility criterion for MBA (full-time).
• Most of the institutes follow the minimum score criteria for graduation which is 50 percent on average or equivalent. For reserved category students, the minimum score is 45 percent in aggregate.
• Final-year graduation candidates are also eligible to apply for MBA, provided they present proof of completion of graduation degree within the duration specified by the institute

List of Top Private and Government MBA Colleges in Kolkata

There are approximately 85 MBA colleges in Kolkata that offer MBA courses, out of these 62 colleges are private, 9 are public, and rest are public/private. Here is the list of some of the top private and public MBA colleges in Kolkata:

List of Private MBA Colleges in Kolkata

Private Colleges	Course Fee (in Rs)
Praxis Business School (PBS), Kolkata	7.57 L
Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata	75 K - 6 L
Adamas University	5.17 L
NSHM Knowledge Campus, Kolkata	6.15 L
Institute of Management Study (IMS), Kolkata	2.35 L - 3.75 L

List of Public/Government Colleges in Kolkata

Public Colleges	Course Fee (in Rs)
Indian Institute of Management (IIM) Calcutta, Kolkata	16.2 L - 20 L
Indian Institute of Foreign Trade (IIFT), Kolkata	16.25 L
Calcutta University	16.51 K - 1.76 L
University of Kalyani (KU), Kolkata	50 K
Footwear Design and Development Institute (FDDI), Kolkata	5.18 L

Government MBA Colleges in Delhi

When compared to other places, MBA in Delhi provides an outstanding learning experience with high placements. In Delhi, there are over 130 MBA institutions. 

There are around 16 government institutions and 69 privately operated colleges among these. The bulk of MBA programs in Delhi is offered by private universities.

List of Top Private and Government MBA Colleges in Delhi

Private MBA Colleges in Delhi

Refer to the table below to know the top private MBA colleges in Delhi with fees:

Name of the Institute	Course Fee (in Rs)
International Institute of Health Management Research	7.25 lakh
International College of Financial Planning (ICOFP)	7.2 lakh
JIMS Kalkaji	7.95 lakh
IMI Delhi	17.68 lakh
Lal Bahadur Shastri Institute of Management	11.67 lakh

Government MBA Colleges in Delhi

Refer to the table below to know the top government/public MBA colleges in Delhi with fees:

Name of the Institute	Course Fees (in Rs)
Department of Management Studies, IIT Delhi	8.8 lakh to 9.6 lakh
Indian Institute of Foreign Trade	18.24 lakh
Jamia Milia Islamia	47K to 1.3 lakh
Faculty of Management Studies	1.92 lakh
Delhi School of Management, DTU	3.96 lakh

Top 10 MBA Colleges in Mumbai

Tabulated below is the list of top MBA colleges in Mumbai along with their fee structure.

College Name	Average Fees(INR)
SPJIMR, Mumbai	17,50,000
NMIMS, Mumbai	19,76,000
NITIE Mumbai	12,53,000
JBIMS Mumbai	6,00,000
K J Somaiya Institute of Management, Mumbai	14,94,000
SIES, Mumbai	7,20,000
SIMSREE, Mumbai	1,46,000
IESMCRC, Mumbai	6,00,000
Chetana’s Institute of Management and Research	6,60,000
SDA Bocconi Asia Center, Mumbai	18,60,000

Top 10 Government MBA Colleges in Mumbai

Tabulated below is the list of top 10 MBA colleges in Mumbai along with their average annual fees:

Name of the College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering - [NITIE], Mumbai	INR 7,03,000
IIT Bombay - Indian Institute of Technology - [IITB], Mumbai	INR 50,400
Mumbai University - [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research - [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	-
Thakur Global Business School - [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association - [SASMIRA], Mumbai	INR 1,99,000

Fee Structure For MBA in Government Colleges in India

Fees for MBA courses in government colleges are low. The fees in those government colleges are listed here.

Colleges	Annual Fees
Jamia Millia Islamia University, New Delhi	INR 65,100
University of Delhi, Faculty of Management Studies, New Delhi	INR 96,000
Institute of Management Studies, Banaras Hindu University, Varanasi	INR 1,20,767
Department of Management Studies, Anna University, Chennai	INR 20,500
Pondicherry University, Pondicherry	INR 74,718
University of Jammu, Jammu	INR 78,071
Maharaja Sayajirao University of Baroda, Vadodara	INR 14,500
Ganpat University, Mehsana	INR 95,000
RKDF University, Bhopal	INR 50,000
Department of Management Science, Savitribai Phule Pune University, Pune	INR 66,194

IIM Ahmedabad and IIM Calcutta are the top-ranked MBA colleges in India. Indian MBA colleges are known for offering regular MBA, online, and distance MBA programs. There are 4736 top MBA schools in India, of which 710 are government colleges and 3969 private colleges.

• IIM Ahmedabad has been ranked as the best MBA college in India by various ranking agencies, including IIM Bangalore and IIM Calcutta.
• According to the NIRF ranking 2021, IMI New Delhi (DMS IIT Delhi) and JMI Delhi (JMI Delhi) are the top MBA colleges in Delhi.
• The top MBA colleges in India, other than IIM, are XLRI Jamshedpur and MDI Gurgaon.
• IIM Bangalore, Christ University and Kristu Jayanti College are some of the top Bangalore MBA colleges.
• MBA Admissions to the best MBA colleges in India can be obtained through marks in MBA Entrance Exams such as CAT and GMAT, SNAP, Google, MAT, XAT, etc. Then, a GD/PI round.
• IIT Bombay and NMIMS Mumbai, SPJIMR Mumbai, SPJIMR Mumbai, KJ Somaiya Institute of Management, are some of the top colleges for MBA in Mumbai.
• The average MBA course fee to top MBA colleges in India can range from INR 50,000 up to 30 Lakhs per annum.
• The top MBA colleges without entrance exams in India are Amity University (Noida), OP Jindal Global University, (Sonepat), and SOIL Gurgaon.
• University of Allahabad and Ranchi University are the top MBA colleges in India, with very low fees.
• High ROI placements are offered by the top Management colleges of India. IIM Ahmedabad offered the highest CTC at INR 1.32 CPA. This was the average CTC.
• IIM Ahmedabad and IIM Bangalore are the top MBA colleges in India.

Frequently Asked Questions

1. Between a private and a government MBA college, which is better?

Answer. Any MBA college which is UGC recognized and AICTE approved is good, because they offer the latest curriculum. However, between private and government colleges, it is up to the candidate to decide which MBA college to choose. While private institutions have better infrastructure, government institutions charge low fees.

2. Which is the best institute for MBA in India?

Answer. IIM Bangalore is ranked No 1 B-school in India. IIM Ahmedabad and IIM Calcutta are ranked No 2 & 3 respectively. In spite of stiff competition from IIMs, Top PGDM B-schools XLRI, SPJIMR, MDI, NMIMS, IMT, and IMI have held on to their leadership.

3. Which MBA has the best placement?

Answer. Top MBA Colleges in India According to the Placements

#Rank	Name of the College	Number of Companies Visited
1	IIM Ahmedabad	125
2	IIM Bangalore	135
3	IIM Calcutta	393
4	FMS Delhi	93

4. Which MBA college gives the highest salary in India?

Answer. Best Placement MBA Colleges in India

Business School	Placement 2019: Average Salary	Placement 2018: Average Salary
IIM Bodhgaya	10.9	10.6
FORE New Delhi	10.8	10.4
IIM Sirmaur	9.2	12
SDMIMD Mysore	7.14	6.94

5. Which MBA has the highest salary?

Answer. Top 10 Highest-Paying MBA Concentrations

1. Finance.
2. Marketing.
3. Information Technology.
4. Information Security.
5. Human Resources.
6. Healthcare Management.
7. Real Estate.
8. International Business.

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