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MBA: Course, Full Form, Admission, Colleges, Syllabus, Placement, Salary 2023

MBA – With so much competition and so many different MBA colleges in India offering placements, getting into one of the Top MBA colleges in India is a pipe dream for many students. Below, we hope to have addressed all of your questions and quelled your concerns about pursuing an MBA degree.

 Kanhaiya Kumar
|17/12/2022 | Share:
 Kanhaiya Kumar 17/12/2022

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MBA – With so much competition and so many different MBA colleges in India offering placements, getting into one of the Top MBA colleges in India is a pipe dream for many students. Below, we hope to have addressed all of your questions and quelled your concerns about pursuing an MBA degree. Below we have answered as many questions as possible including What is an MBA course?  Why study an MBA course? Or what are the Top 10 MBA colleges in India and some other details? 

What is an MBA? The Master of Business Administration (MBA) program is a postgraduate degree that typically takes two years to complete. This course will provide participants with the information and skills necessary to effectively operate a company organization. It encompasses essential facets like organizational behavior, financial management, marketing management, operations management, HR management, and operations management, as well as corporate communication.

Now that the primary MBA clichés have been debunked, let us put things into context to understand what an MBA degree provides the student and how the student should approach MBA to make it more beneficial to him.

  • Better Career Possibilities: An ordinary graduate is often discouraged by the severely restricted job opportunities and job profiles available. An MBA broadens a student’s range of professional possibilities and job profiles. An MBA from one of the best business schools propels students to higher levels of management, making them managers and senior managers, which not only implies a higher position in the corporation but also increased responsibility. An MBA from one of the best business schools offers a person the legitimacy to take leadership positions in a firm.
  • More extraordinary Career Advancement: It might take several years for a recent graduate to advance in the corporate hierarchy and yet not reach a specific level. To advance to the ranks of senior management, a graduate must have a higher degree. An MBA graduate from a top B-school begins his career in mid-management or senior management and has considerably greater prospects of advancing to become a CEO, CFO, CIO, CTO, and so forth.
  • A Broader Perspective of the Business World: A strong MBA program instills in the student, not just information but also excellent business acumen, allowing him to become more responsive to changes in the world and more prepared with problem-solving strategies. A basic employee of an organization functioning in the lowest half of the hierarchy may not have access to important business information. MBA familiarizes students with business expertise, making them great assets to the enterprise.
  • Greater Difficulties: An MBA broadens the student’s learning boundaries. It takes the student out of his comfort zone, forces him to deal with current concerns, uses cutting-edge management strategies, and continually challenges him with new scenarios.
  • Consolidated Corporate Network: Having a decent network of encouraging and helpful friends is the first step toward a productive college life. The main difference at a top B-school is that your buddies will be more career focused and some of the top future managers. This puts the student in a favorable position since he will have the opportunity to engage with colleagues, instructors, and instructional staff (usually former or current business people, with great on-field experience).
  • Better Pay Packages: Finally, there is no doubt that an MBA from reputable B-school results in higher pay packages. To put it mildly, a basic graduate engineer’s pay after an MBA is at least double. Even during times of recession, the top-tier B-schools have maintained the habit of offering significant wage packages to their students.

MBA Quick Questions 

Q. What is the Full Form of an MBA?

Ans. MBA is an abbreviation for Master of Business Administration. It is a master’s degree in business administration. Accounting, applied statistics, human resources, business communication, management, entrepreneurship, marketing, supply-chain management, business ethics, business law, strategic management, business strategy, finance, managerial economics, and operations management are all covered in the MBA program.

Q. How long do various MBA types take?

Ans. A full-time MBA program typically lasts one or two years. The length of time it takes to finish an MBA depends on the route a student pursues.

  • Part-time MBA program lasting three years.
  • PGDM – Two Years (With PGDM Long Form Post Graduate Diploma in Management)
  • A distance MBA program might last from two to five years.

MBA: Relevance (or Irrelevance) of the Type of Academic Background

The largest misconception that we didn’t dispel previously (and reserved for this part) is that past business courses (such as a BBA) are not required to become a better manager. This myth contradicts the student background data of B-schools, where the majority of students are engineers and the remainder come from a variety of different backgrounds.

These programs broadly cover marketing, (emphasis on rural marketing and retail management) finance (emphasis on microfinance, commodity trading and lending, and risk management), supply chain management (logistics in retail), and taxation. It also details all the relevant and applicable fields of Agriculture.

These programs are offered by IIM-Ahmedabad, SIIB Pune, and a few more B-schools.

  • Doctors: While doctors contemplate whether to pursue MD or MS, MBA is a valid third option. Doctors with management degrees can find great jobs in hospital administration and management. Not only this, but they can be a valuable asset to companies developing surgical or electronic medical products, e.g. GE and Philips. Tata Institute of Social Sciences, Maharashtra offers a Master of Hospital Administration. Manipal Institute of Management and Faculty of Management Studies, New Delhi offers MBA in Hospital Administration and Health Care Management.
  • Teachers: An MBA degree puts teachers in a leadership position. Teachers get to venture out administrative positions which help them to be able to influence the growth of a much larger group of learners and not just a classroom full of students.

Basically, the academic background cannot be a hindrance if a person wishes to pursue an MBA as MBA is a very generalist program.

B-Schools promote diversity in the classroom. Diversity contributes to the creation of an atmosphere in which healthy arguments and opposing ideas may be leveraged to develop creativity.

  • Engineers: In the past three PGP batches at IIM Bangalore, 90% of the students were engineers (Read More: IIM Bangalore). IT engineers in software development and testing often seek an MBA to get away from the monotony of coding programs. Although they might become project managers without an MBA in 5-7 years, having one speed up the process.
  • Lawyers: Getting an MBA after law school makes perfect sense for people wishing to start their own private legal company. Although it is arguable if an MBA is really necessary to begin a legal practice, there are adequate factors to support MBA. A business degree before starting a legal practice will provide the individual with vital business insights that will undoubtedly provide a significant competitive edge.
  • Agriculturists: Our country’s top business schools provide agriculture-focused degrees. These programs encompass marketing (with a focus on rural marketing and retail management), finance (with an emphasis on micro financing, commodities trading, and lending, and risk management particular institution administers the examinations for admission to its MBA programs. Other MBA colleges in India sometimes recognize these results.ment), supply chain management (retail logistics), and taxes in general. It also covers all of the necessary and pertinent agricultural disciplines. IIM-Ahmedabad, SIIB Pune, and other business schools offer these programs.
  • Physicians: While doctors debate whether to pursue an MD or an MS, an MBA is a viable third option. Doctors with management degrees might find rewarding careers in hospital administration and management. Not only that, but they may be a great asset to corporations such as GE and Philips which manufacture surgical or electronic medical equipment. The Tata Institute of Social Sciences in Maharashtra provides a Master of Hospital Administration program. MBA programs in Hospital Administration and Health Care Management are available at the Manipal Institute of Management and the Faculty of Management Studies in New Delhi.
  • Teachers: An MBA degree places teachers in positions of leadership. Teachers may pursue administration jobs that allow them to affect the progress of a much bigger group of learners than simply a classroom full of kids.

In general, the academic background should not be a barrier to pursuing an MBA since it is a fairly generalist curriculum.

MBA Admission Process 2023

MBA admission is done via entrance tests. MBA schools offer a variety of entrance examinations for admission. As a result, students have the option of taking numerous entrance tests and submitting the mark sheet with the highest results.

Exam TypeExam Name
National Level Testscarried out by one governing body or a preeminent national institution on behalf of a consortium of universities.CAT, MAT, CMAT, ATMA
State Level TestsThe state agency or top business school in the state administers the test to all institutions within the state.MAH-CET, OJEE, KMAT, TANCET or APICET
Institute Level TestsThe tests are conducted by a specific college for Admission in their MBA courses. Sometimes these scores may be accepted by other MBA Colleges in India as well.XAT, NMAT, SNAP, IBSAT

MBA with Work Experience vs. MBA without Work Experience

One of the most important considerations for a fresher or a student in his final year is whether to take the CAT that year or to get job experience and then pursue an MBA later. Another fallacy that must be dispelled is that job experience is required to get admission to the IIMs. Aside from IIM Bangalore and Indore, none of the IIMs have given job experience more than a 20% weightage. In reality, employment experience has no weightage at IIM Ahmedabad, which gives 100% weightage to CAT results. This clearly demonstrates that, contrary to popular belief, job experience does not make a significant impact.

It is recommended that the individual sit for the CAT and other MBA examinations during his last year of study. This would offer the applicant more time to study for the examinations, since starting preparations while working would be incredibly difficult. A lack of job experience is never a disadvantage for a newcomer.

However, it is vital to note that having job experience will undoubtedly benefit the applicant by providing him with an understanding of business operations and circumstances.

Full-Time MBA or Executive MBA?

An executive MBA requires a minimum of 2 – 2.5 years of professional experience. The executive MBA is often a one-year program aimed at professionals who have had adequate experience in the business sector and want to further their careers. The fees for executive MBA programs are greater than those for regular full-time programs. Employers may pay a portion or even the whole price for working professionals. JBIMS Mumbai is one such institute.

Full-time MBA programs are great for recent graduates who can afford to take a break from employment. In terms of career chances, this would ultimately place them far ahead of non-MBA grads. The bottom line is that for a graduate with three or more years of experience, an Executive MBA is recommended since it provides the value of an MBA in a shorter period of time without the internship (which becomes almost irrelevant after 3 years of work ex.).

MBA India Vs MBA Abroad

The first point in this respect is that, considering how common MBA has become, an MBA program must make a big difference on the resume. The quality education offered, professional exposure and personality development is the key to the brand value of all reputed B-schools.

  • Indian MBA Programs: The most reputed B-schools in India accept the scores of the CAT exam conducted by the IIMs. The PGDM programs at the IIMs are one of the highest-ranked management programs in the world. From the world perspective, institutes other than the top three IIMs don’t feature to be compared with reputed MBA programs in the USA and the UK. The not-so-good B-schools are easy to get in but they won’t add much value to the resume and eventually to the career. If a student is able to convert the calls of the top three IIMs he should prefer to go to these IIMs as more or less the top three IIMs are equally at par with most of the best B-schools in the world. Backed by good placements, IIMs are a better option than most of the foreign MBA programs as they don’t provide any placement assistance and the candidate needs to venture out his job prospects himself.
  • MBA Abroad : Foreign MBA programs are applied through valid GMAT scores. The few advantages that the foreign MBA programs provide are:
  • International Faculty: There is a huge amount of diversity not just among the students but also among the faculty. Reputed B-schools of the world are able to bring together the best minds from around the world who exhibit quality teaching.
  • Internationally Accepted Programs: Almost all the programs of reputed colleges in the USA and the UK are accepted worldwide. A word of caution here is that the one-year programs of the UK are not accepted in India.
  • Better Scope for Research: Top B-schools of the world provide great resources for research work. Some of the best research in the management field is done at premier institutes like the Harvard Business School.

It can be concluded by saying that if the aspirant has a global perspective in mind and eventually wants to settle abroad, he may go for international programs. The Indian higher education system has reached a level where the top IIMs are at par with the best international programs.

Types of MBA Courses 2023

The Master of Business Administration (MBA) program is designed to be accommodating to students with varying schedules and learning styles. The standard MBA program used to take two years to complete. Nowadays, however, professionals may choose from a variety of choices, including online and distance programs. Check the many MBA programs out there.

Type of MBA CourseEligibilityDurationFees (in INR)
Full-Time MBAGraduation in any discipline2 Years2 Lakh to 25 Lakh
Part-time MBAGraduation2- 4 Years
1 Lakh to 10 Lakh
One Year MBAGraduation with 2-5+ years of experience12-15 Months10 Lakh to 40 Lakh
Executive MBAGraduation with 5-10 years of work experience1-2 Years10 Lakh to 45 Lakh
Online MBAGraduation2 Years40,000 to 2 Lakh
Distance MBAGraduation in any discipline2-4 Years30,000 to 2.5 Lakh
Integrated MBAMinimum aggregate score in 10+25 Years1 Lakh to 17 Lakh

Full-Time MBA Course

  • Many Indian business schools (B-Schools) provide a standard full-time two-year program.
  • Depending on the MBA concentration and school, the program may be completed in 4 or 6 semesters.
  • Candidates may get exposure to the academic setting by participating in courses, internships, and capstone projects that are grounded on practice rather than theory.
  • Full-time MBA programs typically last two years and cost between INR 2 Lakhs to INR 25 Lakh per year.
  • A full-time MBA program at one of the best Indian business schools (Ahmedabad, Bangalore, or Calcutta) would cost you around 23 million rupees.

Part-Time MBA Course

  • Due to its non-residential nature, the MBA Part-time program is ideal for those who are already established in their careers.
  • This program is open to anybody with a desire to develop their management abilities.
  • Part-time Master of Business Administration programs may be found at many public and private universities.
  • The typical cost of an MBA program is between 1 and 10 million Indian Rupees per year.

One-Year MBA Course

  • The one-year MBA program is an internationally recognized MBA curriculum that lasts 12-15 months.
  • It is a full-time residential MBA program that is taught at a rapid pace and includes the majority of the components of a two-year MBA.
  • This program gives students the same strong foundation in major Management ideas and disciplines as a traditional MBA.
  • The curriculum is designed for applicants with 2 to 5 years of work experience.
  • To applicants with 5+ years of work experience, the top three IIMs (IIM A, B, and C) offer one-year, full-time, residential MBA Equivalent programs.
  • The cost of a one-year MBA program is often higher than that of a two-year MBA program. Depending on the college, it might range from Rs 10 to 40 lakhs.

Executive MBA Course

  • The executive MBA program is intended for working professionals with at least five years of experience.
  • The executive MBA curriculum is comparable to that of the full-time MBA program but for a shorter period of time.
  • Classes are not held on a regular basis. The full curriculum takes between 15 and 19 months to finish.
  • The MBA curriculum may differ from the MBA syllabus for normal courses.
  • An executive MBA has somewhat higher yearly course costs than regular MBA programs. An executive MBA subject’s yearly course expenses might vary from INR 10 lakh to INR 45 lakh.
  • Many companies that want their staff to pursue executive MBA programs pay the cost.

Online MBA Course

  • This is the most popular MBA course, and most applicants choose it to get their degree from the convenience of their own homes.
  • Classes are held online, and projects must be submitted online as well.
  • The MBA course curriculum is specifically developed to ensure that applicants understand the program’s key principles and gain the requisite abilities.
  • Candidates will be assigned tasks on a regular basis that must be performed.
  • Admissions are also handled online using an online application form.
  • Candidates may apply for admission to any institution in the nation from any city.
  • Candidates may also access recorded lectures.
  • Annual course expenses for an online MBA range between INR 40,000 and INR 2 lakhs.

Distance MBA Course

  • Candidates also have the option of enrolling in MBA programs that may be completed at their own pace and at a reduced cost via distance learning and correspondence programs.
  • Participants may take as long as they want to finish the program (2-5 years).
  • An MBA may be earned online from a number of India’s top business schools.
  • MBA programs may be taken online from a variety of institutions, both public and private.
  • Tuition for a distance MBA program may range from INR 30,000 to INR 2.5 lakhs.

Integrated MBA Course

  • Fresh out of high school? You and your Class 12 classmates could be perfect candidates for an integrated MBA program.
  • Candidates will spend 5 years in the program completing both undergraduate and graduate coursework.
  • The MBA Integrated course has a very diverse curriculum from the traditional MBA courses.
  • BBA, B.Tech, BA, BSc, and BSc+MBA are all viable options for college students.
  • The yearly cost of an MBA program in India ranges from 1 to 17 lakhs.
  • MBA grads have little trouble finding employment in both the commercial and public sectors immediately after they graduate.

List of Popular MBA Specializations

The MBA program offers more than fifty different courses and concentrations, which cover a wide variety of fields. The applicant has the ability to choose a line of work that is most appropriate for them based on the interests they have expressed. The curriculum for the MBA varies depending on the area of concentration. 

Therefore, prospective students need to research the MBA curriculum and tailor their applications to match their particular areas of interest. Some prospective students choose to pick their MBA concentrations before selecting an MBA institution to attend. While this is going on, some people choose their college first and then decide what their MBA specialization would be. Take a look at the table below to know about some of the most sought MBA specializations available in India:

  1. MBA in Human Resources Management
  2. MBA in Marketing
  3. MBA in Finance
  4. MBA in Business Analytics
  5. MBA in Accounting
  6. MBA in Information Technology
  7. MBA in Project Management
  8. MBA in Digital Marketing
  9. MBA in International Business
  10. MBA in Logistics and Supply Chain Management
  11. MBA in Pharmaceutical Management
  12. MBA in Entrepreneurship
  13. MBA in Travel and Tourism Management
  14. MBA in Biotechnology
  15. MBA in Business Economics
  16. MBA in Healthcare & Hospital Management
  17. MBA in Hospital Administration
  18. MBA in Safety Management
  19. MBA in Sports Management
  20. MBA in Hospitality Management
  21. MBA in Rural Management
  22. MBA in Petroleum and Oil Gas Management
  23. MBA in Operations Management
  24. MBA in Production Management
  25. MBA in Business Management
  26. MBA in Banking and Insurance
  27. MBA in Banking and Finance
  28. MBA in Sales Management
  29. MBA in Data Analytics
  30. MBA in Communication Management
  31. MBA in Event Management
  32. MBA in Fashion Designing
  33. MBA in Aviation Management
  34. MBA in Hotel Management
  35. MBA in Tourism Management
  36. MBA in Retail Management
  37. MBA in Corporate Social Responsibility
  38. MBA in Disaster Management
  39. MBA in Environmental Management

MBA Entrance Exams

Getting admission into one of the top MBA colleges is not a cakewalk. From fulfilling the basic eligibility criteria to qualifying for the entrance exam and finally meeting the selection requirements, a candidate has to go through a series of processes to get an MBA seat in a reputed B-School. Most of the management colleges in India offer admission to students on the basis of their scores in the entrance exams. Below we have mentioned some of the top national, state, and university-level entrance exams one needs to qualify for to make a cut into the MBA colleges.

Top National-Level MBA Entrance Exams in India

Exam Short NameExam Full NameConducting Body
SNAPSymbiosis National Aptitude TestSymbiosis International (Deemed) University (SIU)
CATCommon Admission TestIndian Institutes of Management (IIMs)
GMATGraduate Management Aptitude TestGraduate Management Admission Council (GMAC)
ATMAAIMS Test for Management AdmissionsAssociation of Indian Management Schools (AIMS)
CMATCommon Management Admission TestNational Testing Agency (NTA)
XATXavier Aptitude TestXLRI, Jamshedpur
NMAT by GMACNMIMS Management Aptitude TestGraduate Management Admission Council (GMAC)
MATManagement Aptitude TestAll India Management Association (AIMA)
IIFTIndian Institute of Foreign Trade ExamNational Testing Agency (NTA)
IBSATICFAI Business School Aptitude TestIFHE, Hyderabad

Top State-Level MBA Entrance Exams in India

Exam Short NameExam Full NameConducting Body
OJEEOdisha Joint Entrance ExaminationOJEE Board (OJEEB)
TS ICETTelangana State Integrated Common Entrance TestKakatiya University, Warangal
AP ICETAndhra Pradesh Integrated Common Entrance TestSri Venkateshwara University, Tirupati
TANCETTamil Nadu Common Entrance TestAnna University, Chennai
MAH MBA CETMaharashtra Common Entrance TestState Common Entrance Test Cell, Maharashtra
KMATKarnataka Management Aptitude TestKarnataka Post Graduate Private Colleges’ Association (KPPGCA)

Top University-Level MBA Entrance Exams in India

Exam Short NameExam Full NameConducting Body
TISSNETTata Institute of Social Sciences National Entrance TestTISS Mumbai
MICATMudra Institute of Communications Admission TestMICA Ahmedabad
IPU CETIndraprastha University Common Entrance TestGuru Gobind Singh Indraprastha University
JMI Entrance ExamJamia Millia Islamia Entrance ExamJamia Millia Islamia University
SRMJEEMSRM Joint Entrance Exam for ManagementSRM University
KIITEE ManagementKalinga Institute of Industrial Technology Entrance Exam for ManagementKIIT School of Management
UPESMETUPES Management Entrance TestThe University of Petroleum and Energy Studies, Dehradun

Top MBA Colleges in India

A master’s degree in business administration is no longer out of reach. The greatest education, best placements, and best returns on investment may all be found at one of India’s many MBA colleges or universities. Prospective students may boost their careers by enrolling in one of India’s finest MBA programs.

Top Govt. MBA Colleges in India

Here are the top 10 MBA colleges in India (government) with their NIRF ranking and fees:

CollegeLocationNIRF 2022 RankingFee (approx. in Rs.)
Indian Institute of Technology Bombay (IITB)Mumbai, Maharashtra118,27,000
Indian Institute of Management Ahmedabad (IIMA)Ahmedabad, Gujarat123,00,000
Indian Institute of Management Bangalore (IIMB)Bangalore, Karnataka223,20,000
Indian Institute of Management Calcutta (IIMC)Kolkata, West Bengal322,60,000
Indian Institute of Technology Delhi (IITD)Delhi48,80,000
Indian Institute of Management Kozhikode (IIMK)Kozhikode, Kerala519,00,000
Indian Institute of Management Indore (IIMIIDR)Indore, Madhya Pradesh716,50,000
Indian Institute of Management Lucknow (IIML)Lucknow, Uttar Pradesh619,25,000
Indian Institute of Technology Madras (IIT Madras)Chennai108, 00, 000
Indian Institute of Technology Kharagpur (IITK)Kharagpur, West Bengal129,22,400

Top MBA Private Colleges in India

The following are only a handful of the top private MBA colleges in India, each of which offers an exceptional return on investment (ROI), placement rates, and instruction to its students. The costs of MBA programs at various universities are shown here.

CollegeLocationNIRF 2022 RankingPGP / MBA Fee (approx. in Rs.)
Xavier Labour Relations Institute (XLRI)Jamshedpur, Jharkhand811,80,000
Management Development Institute (MDI)Gurugram, Haryana1320,86,670
Symbiosis Institute of Business Management (SIBM)Pune, Maharashtra1720,50,000
S P Jain Institute of Management and Research (SPJIMR)Mumbai, Maharashtra2119,00,000
Great Lakes Institute of Management (GLIM)Chennai, Tamil Nadu3117,25,000
SVKM’s Narsee Monjee Institute of Management Studies (NMIMS)Mumbai, Maharashtra2517,50,000
T. A. Pai Management Institute (TAPMI)Manipal, Karnataka3814,30,000
International Management Institute (IMI)New Delhi5917,15,000
Xavier Institute of Management (XIMB)Bhubaneswar, Odisha3512,00,000 – 16,90,000
Kalinga Institute of Industrial Technology (KIIT)Bhubaneswar, Odisha4813,60,000

MBA Colleges in Mumbai

SJMSOM IIT Bombay, NITIE, SPJIMR, and NMIMS are the top colleges for MBA courses in Mumbai. The table below lists the top 10 MBA colleges in Mumbai; to view the complete list 

College NameCut OffMBA Fees (INR)Placements
KJ Somaiya Institute of ManagementCAT Cut Off: 83-857,81,78510.95 LPA
National Institute of Industrial EngineeringCAT Cut Off: 87-905,98,00025.41 LPA
SP Jain Institute of Management and ResearchCAT Cut Off: 8517,50,00030.10 LPA
NMIMSNMAT by GMAC Cut Off: 9410,42,00023.07 LPA
Shailesh J Mehta School of ManagementCAT Cut Off: 904,88,10025.93 LPA

MBA Colleges in Kolkata

IIM Calcutta, BIMS, Amity University, and Adamas are the top colleges for MBA courses in Kolkata. The table below lists the top 10 MBA colleges in Kolkata

College NameCut OffMBA Fees (INR)Average Placements
BIBS, KolkataCAT Cutoff: 605,98,0004.0 LPA
EIILM, KolkataCAT Cutoff 605,50,0003.02 LPA
Praxis Business SchoolCAT Cutoff 703,89,0007.20 LPA
MAKAUTCAT Cutoff 701,00,3009 LPA
IIM-CCAT Cutoff: 9923,00,00028.75 LPA

MBA College s in Chennai

LIBA, Anna University, XIME, and BIHER are top colleges for MBA courses in Chennai. The table below lists the top 10 MBA colleges in Chennai

College NameCut OffMBA Fees (INR)Average Placements
Great Lakes ChennaiCAT Cutoff 9519,25,00016.86 LPA
XIMECAT Cutoff 753,50,0009.25 LPA
LIBACAT Cutoff 8015,26,00014 LPA
DoMS IIT MadrasCAT Cutoff 86.4716,00,00016.66 LPA
Sairam Institute Of Management Studies – [SIMS]APICET Cutoff 142223,00,0003.05 LPA

MBA Colleges in Bangalore

IIM Bangalore, KJC, DSCMIT, and CMR are the top colleges for MBA courses in Bangalore. The table below lists the top 10 MBA colleges in Bangalore;

College NameCut OffMBA Fees (INR)Average Placements
BMS College of EngineeringKMAT Cutoff 47INR 25,3008.23 LPA
HKBK College Of Engineering, HyderabadPGCET Cutoff 26042INR 2,25,0004.5 LPA
Alliance University, BangalorePGCET Cutoff 8228
KMAT Cutoff 51
INR 14,00,0007.6 LPA
KJC, BangalorePGCET Cutoff 1681
KMAT Cutoff 80
MAT Cutoff 67
INR 370,0003.54 LPA
T John College, BangalorePGCET Cutoff 4669INR 267,7004.72 LPA

MBA Colleges in Pune

SCMHRD, IMED, NIA, and BIMM are the top MBA colleges in Pune. The table below lists the top 10 MBA colleges in Pune

College NameCut OffMBA Fees (INR)Average Placements
SCMHRD, PuneSNAP Cutoff 99INR 940,00016.5 LPA
Lexicon MILE, PuneMAT Cutoff 67INR 13,40,0007.2 LPA
National Insurance AcademyCMAT Cutoff 70INR 943,00010.3 LPA
IMED, PuneMAH CET Cutoff 70INR 225,0007.5 LPA
SIDTM, PuneSNAP Cutoff 83INR 660,0008.77 LPA

MBA Colleges in Delhi NCR

There are more than 500 MBA colleges in Delhi NCR. About 480 MBA colleges are private and there are more than 50 MBA colleges that are Govt. but here are some of the names that are considered to be Top MBA Colleges in Delhi NCR

College NameCut OffMBA Fees (INR)Placements (INR)
DMS IIT DelhiCAT Cut Off: 9010,40,00021,90,000
MDI GurgaonCAT Cut Off: 94 GMAT Cut Off: 680+23,47,00020,00,000
IMI DelhiCAT Cut Off: 88-909,55,29015,28,000
IIM RohtakCAT Cut Off: 959,90,00018,73,000
Indian Institute Of Foreign TradeIIFT Delhi Entrance Exam Cut Off: 118-120/300 GMAT Cut Off: 650+9,39,00025,16,000
Jamia Millia IslamiaJMI Entrance Exam cut Off: 95.51,05,00025,00,000

MBA Colleges in Patna

There are around 30 MBA colleges in Patna. More than 25 MBA colleges are privately owned and the rest are govt colleges.

College NameMBA Fees (INR)Placements (INR)
LNMI Patna1,60,0006,00,000
Amity University Patna2,93,0004,80,000
Aryabhatta Knowledge University4,02,0005,00,000
Catalyst Institute Of Management And Advance Global Excellence2,35,0003,30,000
Indian Institute Of Business Management 3,15,0003,00,000

MBA Colleges in Hyderabad

Hyderabad is home to more than 190 MBA Colleges. More than 160 colleges are private and about 30 MBA colleges in Hyderabad are govt.

College NameCut OffFees (INR)Placements (INR)
ISB HyderabadGMAT Cut Off: 710+ GRE Cut Off: 32036,30,00034,21,000
IFHE HyderabadCAT Cut Off: 8516,02,0007,97,000
NMIMS HyderabadNMAT Cut Off: 2009,02,0009,59,000
IMT HyderabadCAT Cut Off: 75 XAT Cut Off: 90 CMAT Cut Off: 806,03,0009,40,000

MBA Colleges in Bhubaneswar

Bhubaneswar has more than 80 MBA colleges. It has around 77 private colleges and the rest are government MBA colleges.

College NameCut OffFees (INR)Placements (INR)
KIIT School Of ManagementMAT Cut Off: 857,25,00017,55,000
IMI BhubaneswarCAT Cut Off: 8513,20,00010,70,000
Xavier Institute of Management BhubaneswarCAT Cut Off: 9120,00,00017,54,000

MBA Placements

Today, In India there are more than 5000 institutions offering MBAs, many of which provide students with great skills and knowledge as well as excellent placement opportunities. Referring to placement is something that students should analyze before choosing their college. Some of the best B schools in India, including IIMs, provide students with such opportunities. Major recruiters in this field include Amazon, Tesla, Deloitte, HDFC Bank, Nestle, KPMG, McKinsey and Company, SBI, and many more

College NameHighest Package (2022)Average Package
IIM AhmedabadINR 55 LPAINR 25 LPA
IIM KozhikodeINR 61 LPAINR 29.50 LPA
XLRI JamshedpurINR 60 LPAINR 30 LPA
IIM LucknowINR 58 LPAINR 31.01 LPA
FMS DelhiINR 58.6 LPAINR 32.40 LPA
IIM BangaloreINR 80 LPAINR 33.8 LPA
ISB HyderabadINR 72 LPAINR 34.7 LPA
IIM CalcuttaINR 54 LPAINR 34 LPA

Conclusion – 

MBA, or Master of Business Administration, is a two-year postgraduate study available in a variety of disciplines. It is an academic degree in Management and Marketing that includes areas such as Finance, Marketing, Organizational Behavior, Management Principles, Accounting, Supply Chain Management, Operations Management, Sales, and others. MBA programs teach and develop future company executives’ and entrepreneurs’ management and administrative abilities. The course teaches students how to assist a corporation to manage its many resources, such as finance and human resources, by using various logical and analytical methodologies.

MBA candidates may apply for admission as normal students, distance learners, or executive courses, depending on their preferences. IIM Bangalore, IIM Ahmedabad, IIM Lucknow, IIM Calcutta, and MDI Gurgaon are among the best MBA institutions in India. Students must take several MBA admission tests, including the CAT, MAT, XAT, NMAT, and CMAT, followed by WAT, GD, and PI rounds, to obtain a place in a reputable B-school. Most MBA institutions in India provide direct placements and MBA positions in well-known firms. The MBA course price typically varies between INR 10 and 25 lahks, depending on the institute.

Only candidates with a GPA of at least 50% in their undergraduate studies are eligible to apply for the MBA program. Obtaining an MBA may surely prepare a person to work at management levels and open doors to various professional prospects. Every industry, from marketing to tourism and healthcare, has a broad choice of MBA opportunities for graduates at the junior, senior, and executive levels, including Finance Manager, Marketing Manager, Media Planner, Product Manager, Sales Manager, and many more.

MBA graduates may expect to earn between INR 2-4 lakhs per year, depending on their expertise and sector of choice. A professional with 4-5 years of experience may boost their earning potential and earn between INR 7-15 lakhs. MBA positions at the senior or executive level pay between INR 20-30 lakhs. If you’re thinking about getting an MBA, keep reading to learn all you need to know.

Frequently Asked Questions About MBA

Q. Which is preferable: a full-time MBA program or an online MBA program?

Ans. A full-time MBA is a classroom-based degree program that is taught at universities and institutions. To learn theoretical understanding and practical application of business and management concepts, students must attend regular sessions. The curriculum is tight and strictly enforced to ensure that topics are completed on time. Because attendance is continually checked, this course is not suited for working professionals.

An online MBA program is a home-based degree program that holds courses online. Online MBA programs are not usually recognized or linked with prestigious colleges. Candidates may finish the curriculum at their leisure, which might often cause a delay in the course’s completion deadline. Working workers may benefit greatly from online MBA programs. However, learning requires sufficient attention, discipline, and control.

Q. Which is better: an MBA from an IIT or a newer IIM?

Ans. Although IITs are India’s finest technical universities, their brand value in the area of management is rapidly catching up. Previously, only individuals with an engineering background were eligible for admission to SJMSOM, IIT Bombay, and DMS, IIT Delhi. Today, however, any graduate student may apply for an MBA. IIT Bombay and IIT Delhi are among the top 200 institutions in the world (in terms of total ranking). So, if you are accepted into one of these colleges, it is a better option for an MBA than the New IIMs. Apart from IIT Bombay and IIT Delhi, the new IIMs are much superior B-Schools than the rest of the IITs. At the moment, the number of new IIMs is increasing at a significantly quicker rate. IIM Udaipur has joined the FT MiM 2022 Ranking, however, no IIT B-School has yet to make its debut.

Q. What are the various job profiles available at major MBA institutions such as IIMs, ISB, XLRI, and FMS?

Ans. An MBA from an IIM, XLRI, or FMS is a well-known and respected degree that is recognized globally. MBA graduates from such prestigious B-Schools are given attractive career prospects in a variety of industries, based on their expertise. These institutions have partnerships with renowned organizations and provide students with excellent placement possibilities. The various job profiles are as follows:

  • Investment Banker 
  • Marketing Manager 
  • Managers of administration
  • Product Manager 
  • Operations Manager 
  • Human Resource Manager

Q. How can an MBA program help me advance in my career?

Ans. An MBA provides real business knowledge as well as entrepreneurial and communication abilities. An MBA may increase your compensation significantly and open the door to lucrative employment options in top businesses.

Q. How important is a professional experience in the MBA admissions process?

Ans. Professional experience is not required for admission to normal MBA programs. An applicant must have a valid result on one of the authorized admission examinations and meet the educational criteria. Students with professional experience, on the other hand, are given preference since a business career and present work with supervisory duties are required aspects of the application. Candidates for Executive MBA programs must have at least 5 years of work experience.

Q. How do I know which MBA program is best for me?

Ans. You may choose an MBA program based on your job needs and how comprehensive and detailed you want your degree to be over the next 18 to 24 months. You may enroll in a full-time MBA program if you want to get classroom experience as well as practical training and industry exposure. If you are pressed for time owing to employment or other obligations, you might choose distance learning, online MBA programs, or a part-time degree. Executive MBA programs are ideal for working individuals who want to enhance their careers and earn more money.

Q. Which is better: an MBA in India or an MBA abroad?

Ans. India is home to some of the greatest MBA programs in the world, with worldwide recognition, world-class teaching, superb facilities, cutting-edge curriculum, lucrative job possibilities, and more. Pursuing an MBA from IIMs or other top universities such as XLRI Jamshedpur, MDI Gurgaon, and SPJIMR would open the door to a variety of job prospects in top organizations with attractive wage packages and other advantages.

On the other hand, studying for an MBA abroad offers its own set of advantages. A management degree from a top overseas institution allows one to work with worldwide firms and get exposure to various business methods and management strategies. Obtaining an MBA degree overseas, on the other hand, is a costly endeavor. If you are on a tight budget, the tuition and living costs might be taxing.