Top Private & Government MBA Universities in India

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Posted on 20th May, 2019 Posted By Smita Medhekar

A management degree not only makes oneself a more mature individual but it also helps one to find a lucrative job as it is taught in the management degree that how to manage people and situations.

So, do you wish to study MBA in India?

In today’s job market, earning an MBA degree ensures success and growth to an individual.

Any manager must know basic business principles, MBA programs provide you with training in these basic business principles needed by people such as corporate finance, strategic planning, marketing, economics, and basic accounting.

Students with a graduate degree in any field can pursue an MBA course. For taking admission to an MBA course, students need to undergo an All India level entrance examination to get a seat in a top business school.

MBA is a full-time post graduation course of 2 years duration offered by many colleges and universities in India.

If you do an MBA course, you can get job opportunities in many fields and job positions like Program Manager, Operations Manager, Management Consultant, Marketing Manager, Product Manager, Business Operations Analyst, Investment Banker, Digital Optimization lead, Financial Advisor, Business Analyst, etc.

B-schools, colleges, and institutes offer MBA course to graduates which is a professional course. ‘MBA in India’ can be a correspondence, full time, part time or long distance course.

MBA in India - Quick Highlights

Eligibility Criteria A graduate from any discipline like Science, Commerce, Arts, or also from disciplines like Engineering, BCA, BBA.
Average course fee for MBA in India Rs.4 lakhs to Rs.30 lakhs
Average starting salary for MBA in India Rs.2.0 to Rs.4.0 Lakhs/year
Course Duration 2 years (Full-time MBA)
Medium of Instruction English
Top MBA universities in India IIM Ahmedabad, SJ Mehta school of management
Recognition AICTE, UGC
Top Recruiting Companies Accenture, AT Kearney, Amazon, Bain & Company, BCG, Cognizant, Deloitte, ICICI Bank, Infosys, Wipro, Accenture, KPMG, TCS, Amazon, and IBM, etc.

Eligibility Criteria: For Studying MBA in India

The eligibility criteria which a candidate has to fulfill for admission to MBA course is as follows:-

  • The minimum eligibility criterion for admission to MBA course is at least a 3-year bachelor's degree with at least 50 percent marks or equivalent (45 percent for SC/ST or persons with disabilities (PWD) category, of any of the Universities or possess an equivalent qualification recognised by the Ministry of HRD, Government of India.
  • Some institutes prefer merit-based admissions, in this case, a candidate needs to have secured minimum aggregate marks as per the institute’s requirement in last qualifying examination.
  • Candidates must have scored well in common entrance exams like the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE).
  • Top B-schools also set work experience as their criteria for MBA admissions. Some institutes demand 2 years while some may demand 3 to 5 years of work experience.
  • Every college has a different set of eligibility criteria which you need to check prior to the admission process.

Why Study MBA in India?

You must be wondering now why to study MBA in India. Because as compared to MBA colleges abroad, MBA colleges in India charge lesser fees. Also, cost of living abroad is much higher than it is in India.

Indian MBA colleges gives you the same quality of education along with expert faculties, high class and modern infrastructure, and loads of facilities. Then, why not to go for MBA in India?

Have a look at the below mentioned some of the reasons for studying MBA in India:

1

Cost Effective

  • Studying MBA from India is cost effective.
  • Education is cheaper in India compared to other countries.
  • All the peripheral costs that a student has to bear are also low like food, accommodation, and transportation.
  • There are scholarships available for students which could reduce the cost to half.
  • The total cost comes to around 15 to 20 lakhs.
2

World Class Institutes

  • India has many top class institutions which offer MBA programs.
  • The colleges in India have the infrastructure, excellent education, and the resource of exceptional degree.
  • Institutes in India have global collaborations with multinational companies as well as the best institutes abroad and hence the Indian B-schools provide the best MBA curriculum.
3

Better industry exposure

  • India is a diverse and big country. And hence, the market of India is more interesting and provides a great scope for learning.
  • India has many different types of industries.
  • The Indian Institutes also incorporates these industries and they make collaborations with the global industries too.
  • Due to this students can get a better understanding of the Indian trends.
  • The colleges invite industry experts and specialists to give lectures and conduct workshops.
4

Startup support & Government aid

  • The government and private organizations offer different types of scholarships to students.
  • Most of the MBA graduates choose to be an entrepreneur and establish their own business.
  • The colleges always support their students at every level.
5

Security with rapid growth

  • Due to a remarkable growth in the market of India, a lot of opportunities for learning, exposure, and jobs have been created.
  • The return rate is high, and job security is better too.
  • You can be updated with the latest trends in the industry and you can also gain practical exposure while studying by the industrial exposure you get through the industrial training mentioned in the curriculum.
  • Due to the tremendous growth in the Indian market, there is no scarcity of jobs.
6

Quality Education

  • In India, education is one of the most important sectors.
  • While opting for any course, the quality of education is one of the top points on the checklist.
  • The professors and teachers teaching in these institutes have high credentials, excellent knowledge, and have good exposure as well.
  • Indian institutes provide quality education which helps you to compete on a global level.

Admission Process for MBA in India

In India, MBA Admission process in all the top MBA colleges is a four-step process. You would also need to go through these 4 steps.

All the MBA colleges need to follow these 4 steps of MBA admission process including IIMs which offers an admission after a rigorous selection process to select the most suitable candidate.

Step 1: Register & Apply for MBA Entrance Exam

  • The admission process in top MBA colleges in India opens in the first week of August/September and closes in the last week of November.
  • Candidates willing to take admission in top MBA colleges should register and apply for the relevant MBA entrance exam like CAT/ XAT/ NMAT/ SNAP/ IIFT etc. within the specified registration window.
  • Closing of the registration process for most of the National level MBA entrance exams like CAT, XAT is in September and November respectively. Within 45 to 50 days you need to register for CAT.

Step 2: Appear in MBA Entrance Exam

  • It is mandatory for those who want to pursue a management course like PGDM/ MBA from top MBA colleges to sit for CAT, XAT, NMAT or other relevant entrance exams.
  • Generally, CAT is conducted in the month of November and XAT is conducted in January.

Step 3: Shortlisting Process

  • After the declaration of MBA exam results in January, on the basis of exam scores, academics, work experience, diversity, etc., most of the top B-schools will shortlist suitable candidates for final admission round.
  • Each institute and college completes this process individually.

Step 4: Final Admission Process- GD-PI-WAT Round

  • All the shortlisted candidates shall have to appear in Group Discussion (GD), Written Ability Test (WAT) which are followed by Personal Interview (PI) round usually.
  • Some of the B-schools like MDI will conduct GD-PI and a few like IMI will conduct Psychometric test also.
  • Some of the IIMs like IIM Kozhikode, IIM Shillong conducts GD round based on the Written Ability Test (WAT).
  • On the basis of their performance in final selection round, the weight given to entrance scores, work experience and gender diversity, academic profile & diversity, etc. the final merit list will be generated and admission offers will be made by the respective B-school.

Required Documents for MBA Admission in India

It is very important for you to understand that which are the documents required for MBA admission in India and those are:-

  • Marksheets of class 10th and 12th
  • Class 12th Board exam certificate
  • Bachelor’s degree mark sheet
  • Cast or category certificate if applicable
  • Bank details
  • Aadhar Card
  • Credit/ debit card details for payment (if such payment mode selected)
  • Valid email id and phone number for registration
  • Migration certificate (if required)
  • Passport size photographs

Top MBA Universities/Colleges in India

Now, you must have gained sufficient knowledge and information about the advantages of studying MBA, how are the MBA admissions in India, etc.

So, now, let’s have a look at which are the best colleges for MBA in India:-

1

Shailesh J. Mehta School of Management

Eligibility Criteria A graduate from any discipline like Science, Commerce, Arts, or also from disciplines like Engineering, BCA, BBA.
Course Duration 2 Years
Entrance Exams CAT exam
Annual Tuition Fees Rs.2,27,850 (approx. per year)
Top Recruiters Amazon, Axis bank, Accenture, Bank of America, Barclays, Cisco, Colgate, Cipla, DELL, Capgemini, Godrej, Jindal, Lava, Tech mahindra, SBI, IBM, Kotak, Bisleri, etc.
2

Symbiosis Institute of Business Management

Eligibility Criteria A Graduate from any statutory / recognized university and from any discipline like Science, Commerce, Arts, or also from disciplines like Engineering, BCA, BBA, with a minimum of 50% marks (45% for SC/ST)
Course Duration 2 Years
Entrance Exams SNAP Test
Annual Tuition Fees Rs.5,70,000 (approx. per year)
Top Recruiters Accenture, Barclays, HDFC Bank, Mahindra Comviva, Bajaj Finserv, Reckitt Benckiser, Trafigura Global, Google, Shell, Mindtree, Societe Generale, Vodafone, Walmart, etc.
3

The School of Business Management (SBM), NMIMS

Eligibility Criteria A graduate from any discipline from a recognized University with minimum 50% marks in the aggregate.
Course Duration 2 Years
Entrance Exams NMAT by GMAC
Annual Tuition Fees Rs.9,25,000 (approx. per year)
Top Recruiters Goenka Group, Mars and Wrigley, Lenskart, Jindal Steel, AME, Google, Microsoft, Asian Paints, Goldman Sachs, and Mars and Wrigley, etc.
4

Balaji Institute of Modern Management

Eligibility Criteria A graduate from a recognized University with minimum 50% aggregate marks (or 45% for reserved (SC / ST) category).
Course Duration 2 Years
Entrance Exams CAT/MAT/XAT/CMAT Test
Annual Tuition Fees Rs.3,48,000 (approx. per year)
Top Recruiters Gati, Vedanta, Hyundai, Colgate, Palmolive, Infosys, Maruti Suzuki, Accenture, Tata Technologies, Wipro, SBI, TCS, Google, Mindtree, Deloitte, etc.
5

Institute of Management & Entrepreneurship Development

Eligibility Criteria A graduate of any recognized university in any discipline like Science, Commerce, Arts, etc. with 50% or more marks (45% for SC/ST candidates)
Course Duration 2 Years
Entrance Exams B-MAT Test
Annual Tuition Fees Rs.2,25,000 (approx. per year)
Top Recruiters Accenture, Amazon, British telecom, BNY Mellon, Barclays, Groffers, Gulf Bank, GE India, HDFC Bank, DHFL, Tata Motors, Eaton, Eclerx, Shoppers Stop, Food Panda, etc.
6

Jamia Millia Islamia

Eligibility Criteria A Graduate from any statutory / recognized university and from any discipline like Science, Commerce, Arts, or also from disciplines like Engineering, BCA, BBA, with a minimum of 50% aggregate marks or an equivalent grade.
Course Duration 2 Years
Entrance Exams Jamia Millia Islamia MBA Entrance Exam
Annual Tuition Fees Rs.33,400 (approx. per year)
Top Recruiters TCS, Adobe, Belzabar, Snapdeal, Jabong, Siemens, ABB Ltd., Zomato, Mahindra and mahindra, India infrastructure, etc.
7

Guru Gobind Singh Indraprastha University

Eligibility Criteria A Graduate from any statutory / recognized university and from any discipline like Science, Commerce, Arts, etc. with at least 50% marks (45% for SC/ST)
Course Duration 2 Years
Entrance Exams IPU CET
Annual Tuition Fees Rs.1,34,800 (approx. per year)
Top Recruiters WNS, Infogain, Syntel, Cognizant, Tech Mahindra, TCS, ACS, Samsung, Flipkart, Impetus, etc.
8

SDM Institute for Management Development

Eligibility Criteria A Graduate from any recognized university from any discipline like Science, Commerce, Arts with a minimum of 50% marks (45% for SC/ST)
Course Duration 2 Years
Entrance Exams CAT/XAT/GMAT/CMAT/NMAT
Annual Tuition Fees Rs.3,80,000 (approx. per year)
Top Recruiters HDFC Bank, Mahindra Finance, Ujjivan, Marico, State Street, Infosys, Morgan Stanley, Federal Bank, ICICI Bank, CCD, etc.
9

St. Joseph's Institute of Management

Eligibility Criteria A graduate in any discipline from a recognized university (regular mode ONLY).
A consistent academic record of the candidate with the first class (minimum 60% marks) in STD X, STD XII & Graduation.
Course Duration 2 Years
Entrance Exams CAT/ XAT/ GMAT/ ATMA and CMAT
Annual Tuition Fees Rs.4,00,000 (approx. per year)
Top Recruiters Accenture, Wipro, TCS, Indian Overseas Bank, Axis Bank, Thomas cook, Nestle, Reliance, Idea, Techno Soft, MindTree, etc.
10

Xavier Institute of Management and Entrepreneurship

Eligibility Criteria A Graduate from any recognized university and from any discipline like Science, Commerce, Arts with a minimum of 50% marks (45% for SC/ST candidates)
Course Duration 2 Years
Entrance Exams CAT/ XAT/ GMAT/ ATMA and CMAT
Annual Tuition Fees Rs.5,00,000 (approx. per year)
Top Recruiters Accenture, Infosys, Wipro, TCS, KPMG, Cognizant, Samsung, Zee TV, Tech Mahindra, Gati, Blue Star, Honeywell, Oracle Technologies, Mindtree, Tesco, Adani, HDFC, etc.

We hope this information is useful for you, to find out which are the different top MBA universities and colleges in India. Find the best suitable college for you, study hard and become successful!

All the best for your future!!

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