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Top MBA Colleges for Marketing in India
Introduction:
Are looking for the Top MBA Colleges for Marketing in India? Well, if that’s the case then you are at the right place. We at Formfees have compiled a comprehensive article for you on Top MBA Colleges for Marketing in India so that you can analyze better and choose the best MBA college in India to pursue Marketing as your specialization.
MBA marketing is one of the most sought-after MBA specializations which stays in high demand. That is the reason for the souring up of the Top MBA Colleges for Marketing in India as well. India has 5500 MBA colleges in the country. The number of colleges providing MBA marketing specialization is numerous as well. So, if you are looking for the Top MBA Colleges for Marketing in India, then you do not need to worry.
What is the entrance exam for the Top MBA Colleges for Marketing in India? The specializations of MBA do not have separate exams but rather a single MBA entrance exam to administer admission into the various MBA courses. Among the most popular MBA entrance exam to get the Top MBA Colleges for Marketing in India are CAT, XAT, CMAT, NMAT, MH CET, and many more. A diligent preparation for these Top MBA entrance exams will surely get you into the Top MBA Colleges for Marketing in India as well.
Which is the best destination for Top MBA Colleges for Marketing in India? The best destination for the Top MBA Colleges for Marketing in India is Bangalore, Pune, Mumbai, and Kolkata. All of these are the Tier 1 cities of the country, hence the facilities and amenities for a successful MBA course are readily available here. As most of the top companies reside here, the scope of opportunities also increases in these metropolitan cities. Pursuing a course from the Top MBA Colleges for Marketing in India in any of these cities is a very good option to consider.
What makes these Top MBA Colleges for Marketing in India stand out? The reasons which make the Top MBA Colleges for Marketing in India standout can be categorized in the following categories:
- Top Faculty: This is the foremost category that segregates the Top MBA Colleges for Marketing in India from any ordinary MBA Marketing College. The top MBA college hires the most experienced faculty for their institution which gives them an edge over the other.
- Great Placement: Placement is an inseparable part of an MBA course. While taking a course from any MBA college, students first check the placement opportunities provided by them. The Top MBA Colleges for Marketing in India undeniably provide the best placement opportunities to their students.
- Institution Reputation: To do an MBA course from a reputable college shall definitely make you stand out in job interviews. Institution reputation matters as it helps you get into the top companies which much ease. The Top MBA Colleges for Marketing in India have an unmatchable reputation of which their students can take great advantage.
The following article shall provide you in detail the Top MBA Colleges for Marketing in India and all the related information regarding it as well. If by the end of this article, any of your queries still persists regarding the Top MBA Colleges for Marketing in India, you can contact us at FormFees and one of our consulting executives shall get in touch with you.
MBA Marketing Specialization: Best Colleges, Career Options, Courses, and Syllabus
The most popular MBA specialization in India is MBA in Marketing. This was ranked first by 51% of MBA candidates, followed by Finance. So, what makes an MBA in Marketing one of the most in-demand MBA specialties in India? What are the best MBA universities that provide MBA in Marketing, and what are the job placement and career chances after graduating with an MBA in Marketing? This comprehensive post will address these and many other questions you may have. Check out this well-researched list of Top MBA Colleges for Marketing in India.
First, let's define marketing and what an MBA in Marketing includes. According to marketing experts Philip Kotler and Kevin Keller, marketing management is "...the art and science of selecting target markets and acquiring, retaining, and increasing consumers through the creation, delivery, and communication of better customer value." Every facet of this concept is covered by an MBA in Marketing. It starts with identifying consumer demands, then moves on to promoting the product and providing after-sales service satisfaction. All facets of business, such as brand management, retail management, consumer and sales management, marketing strategies, digital marketing, and product development, are covered.
MBA in Marketing Management students get in-depth and broad knowledge that will help them become great marketing managers. Market research and analysis; sales strategies; pricing determination; product advertising; product design; presentation; and, most importantly, communication skills are major learning areas. This is one of the top-paid MBA sectors, with salaries ranging from Rs. 5.0 LPA to Rs. 25.0 LPA based on the MBA institution rating and the candidate's profile and talents.
Among the top MBA Colleges in India for Marketing are IIM Ahmedabad, IIM Calcutta, IIM Bangalore, FMS Delhi, XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, and IMT Ghaziabad. These colleges in India provide various MBA Marketing programs.
This article will help you learn about-
- Type of Courses on MBA in Marketing in India
- Top MBA Colleges for Marketing in India
- Scope: Placements & Career Opportunities
- Course Syllabus
Courses of Various Types with MBA Marketing Specialization
There are around 3000 MBA in Marketing Colleges in India. These colleges provide MBA Marketing Specialization courses of varying kinds and duration, but they all cover the same ground. After studying more than 50 programs, we can divide the programs available in India into the following categories-
- IIM offers a two-year full-time specialized MBA in marketing.
- Two-Year Full-Time Specialized MBA or MBA Equivalent PGDM in Marketing offered by B-Schools and Universities such as IMT, TAPMI, and others.
- One-Year Full-Time or Executive (Part-Time) On-Campus/Hybrid Specialized MBA in Marketing from Top B-schools & Universities such as K J Somaiya, ISB Hyderabad, and others.
- MBA Marketing Specialization is available in 2-year full-time General MBA/PGDM programs at institutions such as IIM Ahmedabad, FMS Delhi, and SPJIMR Mumbai.
Top MBA Colleges in India for Marketing
If you are seeking Colleges in India, the best management institutes are listed here.
MBA College | Title & Type of MBA Marketing Course | MBA Marketing Course Fees (Rs. in lakhs) |
---|---|---|
IIM Ahmedabad | PGP with Specialization in Marketing; 2 years full time | 23.00 |
IIM Bangalore | MBA with Specialization in Marketing; 2 years full time | 23.20 |
IIM Calcutta | MBA with Specialization in Marketing; 2 years full time | 21.10 |
ISB Hyderabad | PGPM with specialization in Marketing; 1-year full time | 30.41 |
FMS Delhi | MBA with Specialization in Marketing; 2 years full time | 1.92 |
IIFT Delhi/Kolkata | MBA (IB) with specialization in Marketing; 2 years full time | 17.25 |
SPJIMR Mumbai | PGDM with specialization in Marketing and Operations; 2 years full time | 17.50 |
XLRI Jamshedpur | PGDM- Business Management with specialization in Marketing; 2 years full time | 23.60 |
IMT Ghaziabad | PGDM Marketing; 2 years full time | 17.50 |
TAPMI Manipal | PGDM Marketing Management; 2 years full time | 14.30 |
MBA Admissions in Marketing
- The admission requirements for MBA Marketing Admissions are divided into two parts.
- You must be a graduate with a minimum of 50% or 60% in any subject.
- You must register for and pass an appropriate national level/state level/institute level MBA admission exam.
- Please tell us about each sort of institute that offers MBA Marketing, including the program name and duration.
1. IIM offers a two-year full-time specialized MBA in marketing.
None of the 20 IIMs have developed a two-year full-time standalone specialized MBA Marketing program. However, all IIMs, including IIM Ahmedabad, Bangalore, Calcutta, and Lucknow, offer MBA Marketing as an essential concentration as part of their flagship two-year curriculum. MBA Marketing is one of the most sought-after MBA specialties at IIMs. The program covers all of the major courses found in leading B-schools' standalone specialized MBA Marketing programs.
2. B-Schools and Universities provide a 2-year full-time specialized MBA or MBA equivalent PGDM in marketing.
Many leading B-schools offer MBA Marketing as a distinct Stand-alone Management Program. The student must apply for this program only while applying for MBA admission. Many of the leading MBA schools, such as IMT and TAPMI, offer a dedicated MBA in Marketing.
To meet the growing demand for MBA Marketing, several MBA Institutions and private PGDM colleges are offering specialty MBA/PGDM programs in addition to their flagship MBA programs. Some of the best MBA universities in the Non-IIM category that provide two years of full-time specialized MBA/PGDM programs are listed below:
Universities & B-schools offering MBA/PGDM in Marketing | Program Name | Duration & Mode | Fee (Rs.in lakhs) |
---|---|---|---|
IMT Ghaziabad | PGDM Marketing | On campus; 2 years full time | 17.50 |
TAPMI Manipal | PGDM Marketing Management | On Campus; 2 years full time | 14.30 |
3. One-year full-time or executive position (Part-Time) Top B-schools and Universities Offer On-Campus/Hybrid Specialized MBA in Marketing-
Universities & B-schools offering MBA/PGDM in Marketing | Program Name | Duration & Mode | Fee (Rs.in lakhs) |
---|---|---|---|
ISB Hyderabad | PGPM with specialization in Marketing | On campus; 1-year full time | 40.41 |
K J Somaiya Institute of Management Studies & Research, Mumbai | MBA (Part-Time) Marketing Management | On Campus; 3 years part-time | 2.97 |
4. MBA Marketing Specialization is available in a 2-year full-time program. General MBA/PGDM Program
MBA in Marketing is one of the most popular concentrations available in the flagship MBA/PGDM programs. There are IIMs, FMS, XLRI, and MDI among other prominent MBA universities that offer MBA Marketing as a Specialization in the second year of their flagship MBA program. The following is a list of top MBA colleges that offer MBA Marketing Specialization.
MBA College | Program name | Duration & Mode | Fee (Rs. in lakhs) |
---|---|---|---|
IIM Ahmedabad | PGP with Specialization in Marketing; | On Campus; 2 years full time | 23.00 |
IIM Bangalore | MBA with Specialization in Marketing; 2 years full time | On Campus; 2 years full time | 23.20 |
IIM Calcutta | MBA with Specialization in Marketing; 2 years full time | On Campus; 2 years full time | 21.10 |
ISB Hyderabad | PGPM with specialization in Marketing; 1-year full time | _ | 30.41 |
FMS Delhi | MBA with Specialization in Marketing; 2 years full time | On Campus; 2 years full time | 1.92 |
IIFT Delhi/Kolkata | MBA (IB) with specialization in Marketing; 2 years full time | On Campus; 2 years full time | 17.25 |
SPJIMR Mumbai | PGDM with specialization in Marketing and Operations; 2 years full time | On Campus; 2 years full time | 17.50 |
XLRI Jamshedpur | PGDM- Business Management with specialization in Marketing; 2 years full time | On Campus; 2 years full time | 23.60 |
IIM Lucknow | PGPM with specialization in Marketing | On Campus; 2 years full time | 14.16 |
IIM Shillong | MBA with specialization in Marketing | On Campus; 2 years full time | 15.00 |
IIM Udaipur | MBA with specialization in Marketing | On Campus; 2 years full time | 17.60 |
IIM Indore | PGP with specialization in Marketing | On Campus; 2 years full time | 16.10 |
IIM Kozhikode | PGP with specialization in Marketing Management | On Campus; 2 years full time | 19.00 |
IIM Nagpur | PGP with specialization in Marketing | On Campus; 2 years full time | 13.75 |
IIM Tiruchirappalli | PGPM with specialization in Marketing | On Campus; 2 years full time | 18.00 |
IIM Amritsar | MBA with specialization in Marketing & Communication | On Campus; 2 years full time | 12.00 |
SIMSREE Mumbai | PGDBM with specialization in Marketing | On Campus; 2 years full time | 1.36 |
PUMBA Pune | MBA with specialization in Marketing | On Campus; 2 years full time | 1.34 |
MBA in Sales Management vs MBA in Marketing Management
MBA in Sales Management and MBA in Marketing Management are both two-year full-time MBA programs. This concentration is available at the majority of institutions.
The primary distinction between the Sales and Marketing Management MBA programs is that the MBA in Sales Management is primarily concerned with managing a company's sales activities. Sales management professionals are expected to be in charge of fulfilling sales objectives, hiring and training sales employees, generating and updating sales reports, collecting orders, checking stocks, and managing distributors, whole sellers, and retailers, among other things.
This curriculum, on the other hand, was concerned with the practical application of marketing tactics as well as the administration of a firm's marketing resources and operations. Marketing managers are in charge of influencing the volume, timing, and mix of client demand.
Furthermore, marketing communication, a critical component of a company's marketing operations, is covered in the MBA course in Sales & Marketing. Advertising, direct marketing, branding, packaging, printed materials, public relations efforts, sales presentations, sponsorships, and trade show participation are all examples of Marketing Communication. The MBA in Marketing Communication program covers all aspects of market communication.
MBA in Marketing: Average Placements & Career Options
After earning a Marketing Management MBA, you can pursue a career in product management, industrial marketing management, advertising, sales management, marketing research, retailing, and consulting, among other fields.
If you completed this degree at a top MBA college, the typical income paid in line with the position offered might range between Rs.10 and 20 lakhs per year. Even after completing an MBA in Marketing from a Tier-2 B-school, the average pay provided is sufficient, ranging from Rs.5 to 7 lakhs per annum.
Best MBA Marketing Recruiters
Some of the top recruiters looking for candidates with this qualification include HUL, Rivigo, Enhance Group, Tata Global Beverages, Bata, Fermenta Biotech, Field Fresh Foods, GE CLP, ITC, GILAC, Marico, ABFRL, Britannia, Bajaj Auto, Maruti Suzuki, Royal Enfield, Tata Motors, Tata Steel, Flipkart, Swiggy, OYO, Games 24*7, Google, Hexa.
MBA Marketing: Profiles and Roles Available
Business Analyst, Campaign Manager, Category Manager, Digital Marketing, Marketing Manager, Product Manager, Sales Manager, Offline Marketing Manager, Consumer-Relationship Manager/Relationship Manager, and Business Development Manager are some of the key roles and profiles available to candidates with this specialization.
MBA Marketing Course Content
The MBA Marketing course syllabus is developed so that the Management graduate may handle several marketing management jobs at the same time. The following are the important themes in MBA Marketing course subjects taught at IIM Ahmedabad, SPJIMR, IIFT, IMT, TAPMI, and other top MBA colleges:
- Marketing Management
- Advertising and Sales Promotion
- Business-to-Business Marketing
- Competition and Globalization
- Consumer Behaviour
- International Marketing
- Internet Marketing
- Marketing Decision Models
- Marketing Engineering
- Marketing Fair
- Marketing in Emerging Countries
- Marketing in Practice
- Marketing Metrics for Marketing Performance Evaluation
- Marketing Research
- Pricing Management
- Product and Brand Management
- Qualitative Market Research
- Retail Management
- Sales and Distribution Management
- Service Marketing
- Sports and Tourism Marketing
- Strategic Marketing
- Rural Marketing
- Market Planning
Which MBA Marketing Specialization Should You Pursue? Make a decision before enrolling.
Marketing Management MBA programs range from standalone to part-of-regular MBA programs, full-time to part-time, and many other alternatives. While all 2-year Full-Time Regular MBA programs provide this specialty in the second year, there are a select notable Institutes that offer a Specialized MBA in Marketing from the start.
If you pursue a General MBA at a renowned B-school, you can pick your specialization at the end of the first year, but if you enroll in a specialized MBA program, you may choose your specialization from day one of the first years. So, before enrolling in an MBA program, consider whether you want to specialize after one year of study or whether you want to pursue an MBA in Marketing with no room for change.
If you are serious about pursuing an MBA in Marketing, you may enroll in a full-time MBA Marketing concentration and begin your studies immediately. Please keep in mind that elite B-schools such as IMT and TAPMI hold separate GD-PI-WAT for admission to MBA programs.
If you have limited time and want to complete your MBA concentration faster, several top B-schools offer one-year full-time MBA programs. However, if you are a working professional who is unable to attend a standard program, you can enroll in a part-time or online MBA specialty program.
Frequently Asked Questions
Q. Which MBA college is best for marketing in India?
Ans. Top MBA Colleges for Marketing in India include IIM Ahmedabad, IIM Calcutta, IIM Bangalore, FMS Delhi, XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, IMT Ghaziabad among others. These Colleges in India offer different types of MBA Marketing programs.
Q. Which is the best IIM for marketing?
Ans. Best MBA Marketing Colleges In India:
B-School | Overall Rankings As Per InsideIIM MBA Rankings 2019 | Program offered |
---|---|---|
IIM Ahmedabad | 1st | PGP |
IIM Bangalore | 3rd | PGP |
IIM Calcutta | 2nd | PGP |
IIM Indore | 8th | PGP |
Q. Which MBA has the highest salary?
Ans. Top 10 Highest-Paying MBA Concentrations:
- Finance
- Marketing
- Information Technology
- Information Security
- Human Resources
- Healthcare Management
- Real Estate
- International Business
Q. Is MBA marketing in demand?
Ans. Yes, MBA in Marketing is a good career. Marketing is an excellent major since it is incredibly adaptable and can lead to a range of well-paying, in-demand jobs with high work satisfaction and prospects for further education.
Q. Is MBA in Marketing worth it in India?
Ans. There is a good scope for MBA in Marketing. Marketing itself is a vast field. After doing MBA in marketing, a candidate can become a sales executive or manager in reputed Fast moving consumer goods (FMCG) companies like HUL or Marico industries. One can also work in the IT industry.
Q. Which is better MBA HR or marketing?
Ans. There is no better or non-better stream in MBA, both Marketing and HR are important aspects of an organization and both have equal importance, exposure, learning, and growth. It depends on you what you wish to be in the future, your decision to stream should be based on your future goal.
Q. Does MBA in marketing have a scope?
Ans. Scope of MBA Marketing in India:
The scope of an MBA in marketing in India is wide. After the completion of this post-graduation course, students can be placed as sales executives or managers in reputed companies in industries, including retail, tourism, FMCG, banking, hospitality, media & advertising, and market research.
Q. What is the starting salary for MBA marketing in India?
Ans. An entry-level Marketing Manager earns around Rs. 421,000 per year. Early career below 4 years of experience earns approximately Rs. 510,000 per year.
Q. Which country is best for MBA marketing?
Ans. MBA is a very popular course and some of the best countries to do an MBA are the USA, UK, Australia, Canada, And Germany.
Q. Which MBA is highly paid in India?
Ans. MBA in Finance is one of the highest-paying MBA specializations. It is all about asset management, financial planning, investment, pricing, resource management, and other topics related to Finance Management.