Here we are going to bring you the list of Top Ranked MBA Colleges in India, Entrance Exam Scores accepted in these colleges, Eligibility Criteria, Admission Procedure, Fee Structures, Placement Records and other admission related details.
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Why one should do an MBA Program?
An MBA is a popular degree for students who are continuing their education, and it's not like to hard to figure out why. They're often accompanied by an increase in compensation and status, along with a better career in general. Although they are often expensive and time consuming, many people find that an MBA is well worth the endeavour or attempt, specifically citing more career opportunities, a higher salary, better networking, and increased skills. Here, we'll take a look at a few of the ways earning an MBA can have a positive effect on your career.[[[MR . Amit Singhal 09620-34714]]]- Hiring Opportunities: As a general rule, more education means more career opportunities, and this rule holds especially true for MBAs. According to the Corporate Recruiters Survey hiring companies indicated that they had a definite plan to increase their hiring of MBA holders and scale back on candidates that only have an undergraduate degree. Additionally, MBAs are rising in popularity, so you may find that you need an MBA just to get in the door with some organizations.
- Career Growth: If you're feeling stagnant in your career and getting an MBA is an excellent way to take yourself to the next level. For many people, an MBA will open up opportunities that were not available before, whether it's a career that makes more sense for your life and skills, or a promotion to a better position within your organization. Getting an MBA show that you're serious about your potential for success, and others are likely to view you in a higher regard because of it.
- Better Compensation or Pay Package: With an MBA, you will command aJoin Direct Full Time MBA Programs in Top Colleges
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Here we are going to bring you the list of Top Ranked MBA Colleges in India, Entrance Exam Scores accepted in these colleges, Eligibility Criteria, Admission Procedure, Fee Structures, Placement Records and other admission related details.
Why one should do an MBA Program?
An MBA is a popular degree for students who are continuing their education, and it's not like to hard to figure out why. They're often accompanied by an increase in compensation and status, along with a better career in general. Although they are often expensive and time consuming, many people find that an MBA is well worth the endeavour or attempt, specifically citing more career opportunities, a higher salary, better networking, and increased skills. Here, we'll take a look at a few of the ways earning an MBA can have a positive effect on your career.
Hiring Opportunities: As a general rule, more education means more career opportunities, and this rule holds especially true for MBAs. According to the Corporate Recruiters Survey hiring companies indicated that they had a definite plan to increase their hiring of MBA holders and scale back on candidates that only have an undergraduate degree. Additionally, MBAs are rising in popularity, so you may find that you need an MBA just to get in the door with some organizations.
Career Growth: If you're feeling stagnant in your career and getting an MBA is an excellent way to take yourself to the next level. For many people, an MBA will open up opportunities that were not available before, whether it's a career that makes more sense for your life and skills, or a promotion to a better position within your organization. Getting an MBA show that you're serious about your potential for success, and others are likely to view you in a higher regard because of it.
Better Compensation or Pay Package: With an MBA, you will command a higher salary, both due to your higher skill level and your increased demand. Another interesting fact from the Corporate Recruiters Survey is that employers are willing to pay up to 84% more for candidates with an MBA. This quite obviously shows that MBA degrees are well worth the money and time spent on earning them, as higher pay of this magnitude is likely to make your MBA degree quickly pay for itself.
Better Skills: Going back to school for any reason will improve your skills, especially when pursuing an MBA. Continuing education will keep your mind fresh, particularly with critical thinking skills and concentration. These benefits exist both while you're in school and after you've received your degree. But beyond brain power, MBA programs are specifically designed to improve upon your business skills and ability to master the business environment. With an MBA, you'll have much of the knowledge, skills, and tools that you need to really succeed in the world of business. Additionally, the skills you'll learn as an MBA can translate to a better quality of personal life, giving you the knowledge to make better decisions in life and financial affairs.
More Networking and Social Opportunities: Earning an MBA means you'll be studying with lots of other up and coming professionals in the business world. Being a part of the MBA classroom will help you forge relationships with other students that can turn into useful networking contacts. Additionally, being an MBA student or graduate will often grant you access to groups and opportunities that wouldn't be available to you otherwise.
Despite all of these advantages, an MBA is not for everyone. Not every organization places high value on an MBA. A good way to determine if MBAs are important to companies you're interested in working for is to look at the current executives and find out if they have an MBA. It's also important to note that an MBA is not a silver bullet. Earning an MBA degree will not automatically grant you a management or executive position-you must have essential skills and experience as well. Additionally, many top executives have earned their positions without ever taking a course toward an MBA.
Still, there's no denying that for many, earning an MBA will grant you access to a better career and a higher quality of life. To really make an MBA work for you, be sure to attend a school that is noted for its prestige, and pay attention to developing your experience level. With these factors in place, you're likely to make your MBA work harder to get you farther.
MBA Specializations
There are many different MBA Specializations available that can be pursued to get specialized in any area. Here is the list of MBA Specialization normally opted.
Finance
Marketing Management
Human Resource
Operations Management
Information Technology or Information Systems
International Business
Entrepreneurship
Agri Business
Healthcare and Hospital Management
Retail Management
Risk and Insurance
Supply Chain Management
Infrastructure Management
Global Business
Media Communications
Construction Management
Brand Management
Top MBA Colleges or B Schools of India
Ranked 1-20 MBA Colleges of India
Xavier’s Labour Relations Institute, Jamshedpur
Faculty of Management Studies, Delhi
SP Jain Institute of Management and Research, Mumbai
National Institute of Industrial Engineering, Mumbai
Jamnalal Bajaj Institute of Management Studies, Mumbai
Indian Institute of Foreign Trade
Management Development Institute, Gurgaon
Shailesh J. Mehta School of Management, IIT Bombay
Tata Institute of Social Sciences, Mumbai
Narsee Monjee Institute of Management Studies, Mumbai
Symbiosis Institute of Business Management, Pune
Institute of Management Technology, Ghaziabad
Symbiosis Centre for Management and Human Resource Development, Pune
International Management Institute, Delhi
Xavier Institute of Management, Bhubaneswar
Goa Institute of Management, Goa
Institute of Rural Management, Anand
KJ Somaiya Institute of Management Studies and Research, Mumbai
Mudra Institute of Communication, Ahmedabad
TA Pai Management Institute, Manipal
Ranked 21-30 MBA Colleges of India
Great Lakes Institute of Management, Chennai
Prin. LN Welingkar Institute of Management, Mumbai
Symbiosis Institute of Operations Management, Nasik
ICFAI Business School, Hyderabad
Bharathidasan Institute of Management, Trichy
FORE School of Management, Delhi
Institute of Financial Management and Research, Chennai
Institute of Management, Nirma University, Ahmedabad
Lal Bahadur Shastri Institute of Management, Delhi
Loyola Institute of Business Administration, Chennai
Ranked 31-40 MBA Colleges of India
Symbiosis Centre for Information Technology, Pune
Symbiosis Institute of International Business, Pune
Faculty of Management Studies, BHU Varanasi
Master of Finance and Control, University of Delhi
Management Group, Birla Institute of Technology and Science, Pilani
MHROD and MIB, Delhi School of Economics, Delhi
Narsee Monjee Institute of Management Studies, Bangalore
Symbiosis Institute of Business Management, Bangalore
Sydenham Institute of Management Studies, Mumbai
Symbiosis Institute of Management Studies, Pune
Ranked 41-50 MBA Colleges of India
Xavier’s Institute of Management and Entrepreneurship, Bangalore
Alliance School of Business, Bangalore
Amity Business School, Noida
Amrita School of Business, Coimbatore
Birla Institute of Management and Technology, Noida
Indian Institute of Forest Management, Bhopal
Institute of Management Technology, Nagpur
Sri Ram College of Commerce (Global Business Operations), Delhi
Symbiosis Institute of Media and Communication, Pune
University Business School, Chandigarh
Ranked 51-60 MBA Colleges of India
Xavier’s Institute of Social Sciences, Ranchi
Acharya Institute of Management and Science, Bangalore
Department of Management Studies, NIT Durgapur
Great Lakes Institute of Energy Management and Research, Gurgaon
ICFAI Business School, Mumbai
Institute of Management- Christ University, Bangalore
Institute of Management and Technology, Hyderabad
Pune University MBA, PUMBA
International Management Institute, Kolkata
National Institute of Bank Management, Pune
Ranked 61-70 MBA Colleges of India
Symbiosis Institute of Telecom Management, Pune
Department of Humanities, Social Sciences and Management, NIT Surathkal
ICFAI Business School, Gurgaon
Institute of Management Development and Research, Pune
Institute for Technology and Management, Navi Mumbai
International Management Institute, Bhubaneswar
International School of Business and Media, Pune
Jaipuria Institute of Management, Lucknow
NL Dalmia Institute of Management Studies and Research, Mumbai
SDM Institute for Management Development, Mysore
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MBA Entrance Exams in India
For Admissions in these Top MBA Colleges of India interested candidates need to appear in the Entrance Exams conducted by the Universities, Management Institutes associations and other Management bodies. Here are some of the most popular MBA entrance exams.
CAT (Common Admission Test)
The Common Admission Test (CAT) is a Computer-based test conducted by Indian Institutes of Management (IIMs) as a pre-requisite for picking students for its MBA programs. The test is conducted by a different IIM each year, according to a policy of rotation. The CAT is the most popular MBA Entrance Exam in India and is also considered the toughest one to crack. CAT is conducted every year in the months of October and November.
XAT (Xavier Admission Test)
Xavier Admission Test (XAT) or the XLRI Admission Test is yet another tough nut to crack when it comes to MBA entrance exams. XAT is a nation-wide test conducted by XLRI (Xavier Labour Relations Institute), for admission to MBA courses at XLRI, XIM, XISS, LIBA, etc. The exam is usually held in the month of January.
Indian Institute of Foreign Trade (IIFT)
Indian Institute of Foreign Trade, Delhi is one of the top B-schools in India established by the Government of India (Ministry of Commerce & Industry). The institute conducts admission to its flagship MBA in International Business (MBA-IB) through the IIFT Entrance Exam. IIFT Entrance Exam is taken by around 60,000 candidates vying for 270 seats in the institute’s Delhi and Kolkata campuses.
NMAT (NMIMS Management Aptitude Test)
NMIMS Management Aptitude Test (NMAT) is the official entrance exam for admissions to MBA programs at SVKM's Narsee Monjee Institute of Management Studies (School Of Business Management). The online test is usually conducted in a time frame of three months, from October to December, allowing candidates to go for two retakes if required. And the best of the three scores is considered.
SNAP (Symbiosis National Aptitude)
Symbiosis National Aptitude (SNAP) is a common written test for the admission to all the Post-Graduate Institutes of Symbiosis International (Deemed) University.
While there is only one application for the SNAP written test, candidates need to apply separately to each institute within Symbiosis International University. This exam is usually held in the month of December.
CMAT (Common Management Admission Test)
Common Management Admission Test (CMAT) is an online computer-based test conducted by the All India Council for Technical Education (AICTE), India. It is a national-level admission test for facilitating institutions to select suitable students for admission in all management programmes approved by AICTE. Generally, the exam is held twice a year in the months of February and September.
ATMA (AIMS Test for Management Admissions)
The AIMS is a single-window entrance test conducted by the member management institutes of the AIMS to enrol students to its various MBA and PGDM programs. The exam is conducted in the month of February, and is designed to test the candidate in verbal reasoning, comprehension abilities, and aptitude for analytical and numerical reasoning.
Maharashtra Common Entrance Test (MAH-CET)
Maharashtra Common Entrance Test or is the state level MBA entrance exam for Maharashtra. Conducted by the Directorate of Technical Education (DTE), Maharashtra, the exam is held for the admission in 45,621 seats offered by 400+ B-schools in Maharashtra for their MBA/MMS/PGDM programmes. With the launch of the AICTE CMAT exam, MAH CET stood cancelled in the year 2013. After a hiatus of 1 year, MAH-CET was relaunched by DTE in computer based format. Till 2012, the exam was conducted in paper pencil based format. Apart from the shift in format, there was no change in the exam pattern. MAH-CET 2015 was taken by 57,224 candidates.
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In today’s global world, MBA is a highly Professional Master Degree Course. By doing this Master Degree Course one can gain specialized knowledge about Business Management and related decision making and at present economic trends it will be very help full for your career option and also for growth. MBA is done by students who wish to do a managerial role in future handling various functions related to their choice of industry viz., marketing, sales, operations, finance etc... The choice of MBA field depends upon one's skills, attributes and personality.
MBA Degree Benefits
An MBA Degree will:
Offer an intellectual and professional challenge as a component in the professional formation of future senior higher education managers
Develop your understanding of the key concepts in the academic literature and in the field of professional practice relevant to higher education management
Increase your capacity for critical reflection on your own professional practice, drawing on a range of theoretical and practice-based perspectives
Create a community of practice, committed to mutual support and to enhancing and sharing professional insights.
An MBA Degree provides the opportunity to:
Access high-level professional development in the area of higher education management
Gain a relevant, portable management qualification
Develop insights into new areas of management, to enable you to change career orientation if you wish
Become part of a senior higher education management network.
Types of MBA Programs
There are a variety of MBA Programs available based on your working situation, many colleges and universities in India offer :-
Full-Time MBA Program
The most widely available MBA program is the 2-year, full-time program. The MBA is designed for those who have some knowledge of management concepts, but who either don't have an undergraduate degree in business or don't have extensive work experience.
The first year of the full-time MBA program is dedicated to introducing the student to a core set of business fundamentals like accounting, marketing, operations and finance.
During the second year, students choose focus areas and/or take elective courses based on their specific interests. Students typically complete an internship in the summer between the first and second years.
Part-Time MBA Program
Part-time MBA programs typically hold classes during evenings or on evenings and weekends, and in most cases, attendance is limited to those who work full time during the day.
Sometimes it's further limited to those who already work in managerial positions, especially when the program requires the completion of fewer courses than the traditional, two-year MBA program.
In some cases part-time programs cover exactly the same material as the full-time programs; in other cases, particularly when the program is an abbreviated version of the traditional MBA, fewer core classes are offered, or there are limited opportunities to specialize. What is important to consider is that your part time MBA degree is earned through an accredited school's MBA program.
Part-time MBA programs usually take two to three years to complete but, in a few cases, may take five years or more. Because the majority of part-time students already hold jobs, internships are not usually part of the curriculum.
Accelerated MBA Program
Accelerated MBA programs spend far less time covering the core business subjects traditionally taught in the first year of business school.
They also offer fewer opportunities for specialization and run on an intensive schedule. For this reason, attendance is generally restricted to those who have an advanced knowledge of the fundamentals of management, gained though some combination of undergraduate coursework and industry experience.
The accelerated MBA program is a good option for those who have ample business knowledge, but who aren't prepared for an executive-level MBA program, some of which require 10 or more years of experience. Because of the compressed schedule, internships are not typically part of the curriculum.
Evening and Weekend MBA Program
A variation on the part-time MBA, Evening/Weekend MBA programs may hold classes on both evenings and weekends, or there may be separate tracks for "evening" and "weekend" students.
Evening and weekend MBA programs cater to working professionals who are looking to advance in their current career or begin a new career at a management level. Because part-time MBA students generally only meet one or two evenings a week or on weekends, only a couple of courses are taken at a time.
Executive MBA Program
Executive MBA or EMBA programs typically admit only mid- to senior-level managers, and they are designed to build executive leadership skills. These programs are designed for high-achievers who are looking to enhance their education without disrupting their successful careers.
Classes for the Executive MBA program are often held on Friday and Saturday of every other week; on this alternating weekend schedule, programs usually take two years to complete.
Types of MBA Specializations
The purpose of your MBA is to help you land the job you want in the area of business. To that end, there are many different MBA specializations to help you do that. Every college and university has its own set of MBA specializations, so it's important to consider your desired specialization before you choose your MBA College or b school. In addition to the more common specializations, like finance, marketing, human resource and other specializations include:
MBA in Human Resources – Prepares you to work as the head of the HR department - advertising for, recruiting, hiring, training, evaluating and firing employees.
MBA in Finance – Prepares you to work in costing, management accounting and control, budgeting, international finance, banking, privatization, capital management, etc.
MBA in Marketing – Prepares you for a job in marketing, which may include media purchasing, working with a creative team, or writing ad copy for an advertising agency or PR firm.
MBA in Media Communication – The study of communications prepares you for jobs related to journalism, PR, media and advertising.
MBA in Project Management – Project management is essential for fields like construction, technology, software development, architecture, and R&D firms.
MBA in Entrepreneurship – Focuses on developing critical thinking skills necessary for flexibility and innovation in a rapidly changing environment, usually best suited for technology endeavours
MBA in IT Management – Prepares those with a background in programming, software development, CIS, database administration or IT to take on greater responsibilities managing a team.
MBA in Health Care Management – Prepares you for middle to upper level management in healthcare. Keep in mind that many of these positions may require some sort of medical credential in addition to your MBA.
Leading MBA Colleges or B-Schools in India for MBA Admission
Xavier Labour Relations Institute, Jamshedpur
Faculty of Management Studies, Delhi
SP Jain Institute of Management and Research, Mumbai
Jamnalal Bajaj Institute of Management Studies, Mumbai
Management Development Institute, Gurgaon
Symbiosis Institute of Business Management, Pune
Narsee Monjee Institute of Management Studies, Mumbai
Institute of Management Technology, Ghaziabad
Mudra Institute of Communications, Ahmedabad
Xavier Institute of Management, Bhubaneswar
Symbiosis Centre for Management & Human Resource Development, Pune
KJ Somaiya Institute of Management Studies and Research, Mumbai
Institute of Rural Management, Anand
Symbiosis Institute of International Business, Pune
TA Pai Management Institute, Manipal
Symbiosis Institute of Business Management, Bangalore
International Management Institute, Delhi
Great Lakes Institute of Management, Chennai
Nirma University, Institute of Management, Ahmedabad
Goa Institute of Management, Goa
Xavier Institute of Management & Entrepreneurship, Bangalore
Symbiosis Institute of Management Studies, Pune
FORE School of Management, Delhi
Loyola Institute of Business Administration, Chennai
Birla Institute of Technology and Science, Pilani
Prin. LN Welingkar Institute of Management, Mumbai
Lal Bahadur Shastri Institute of Management, Delhi
ICFAI Business School, Hyderabad
Xavier Institute of Social Service, Ranchi
Bharthidasan Institute of Management, Trichy
Symbiosis Institute of Media and Communication, Bangalore
Institute for Financial Management and Research, Chennai
Institute of Management Technology, Nagpur
University Business School, Chandigarh
Symbiosis Institute of Telecom Management, Pune
Sydenham Inst. of Management Studies Research, Mumbai
Symbiosis Centre for Information Technology, Pune
Symbiosis Institute of Operations Management, Nashik
VIT Business School, Vellore
Birla Institute of Management Technology, Noida