Top 10 MBA Colleges in India

Are you dreaming of pursuing an MBA degree from one of the best colleges in India? Do you want to know which colleges offer the best quality education, placement opportunities, and value for money? If yes, then you have come to the right place.

In this article, we will tell you about the top 10 MBA colleges in India based on various parameters such as ranking, fees, average salary, mode of admission, and more. We will also give you some tips on how to crack the entrance exams and secure your seat in these prestigious institutions. So, without further ado, let’s get started.

Top 10 MBA Colleges in India

IIM Ahmedabad: Indian Institute of Management

IIM Ahmedabad is the undisputed number one management school in the country. Established in 1961, it has produced some of the most influential leaders and entrepreneurs in India and abroad. IIM Ahmedabad offers a two-year Post Graduate Programme in Management (PGP) leading to an MBA degree.

The PGP curriculum is rigorous and comprehensive, covering all aspects of management theory and practice. The PGP students also get to participate in various international exchange programs, case competitions, and live projects with industry partners.

Some of the key facts about IIM Ahmedabad are:

• Year of establishment: 1961
• Fees: INR 23,00,000
• Average placement: INR 26,13,000
• Mode of admission: CAT/GMAT
• Website: IIM Ahmedabad

IIM Bangalore: Indian Institute of Management

IIM Bangalore is another premier management institute that ranks among the top three in India. Established in 1973, it is known for its excellence in research, teaching, and innovation. IIM Bangalore offers a two-year Post Graduate Programme in Management (PGP) leading to an MBA degree.

The PGP curriculum is designed to develop analytical, problem-solving, and decision-making skills among the students. The PGP students also get exposure to global business practices through various international collaborations and initiatives.

Some of the key facts about IIM Bangalore are:

• Year of establishment: 1973
• Fees: INR 23,20,000
• Average placement: INR 28,98,000
• Mode of admission: CAT/GMAT
• Website: IIM Bangalore

IIM Calcutta: Indian Institute of Management

IIM Calcutta is the oldest and one of the most reputed management schools in India. Established in 1961, it has a rich legacy of producing eminent managers, academicians, and policymakers. IIM Calcutta offers a two-year Master of Business Administration (MBA) program that aims to develop competent and ethical managers who can lead organizations in a dynamic and complex environment.

The MBA program covers core courses in various functional areas of management as well as electives that allow students to specialize in their areas of interest.

Some of the key facts about IIM Calcutta are:

• Year of establishment: 1961
• Fees: INR 22,60,000
• Average placement: INR 28,29,000
• Mode of admission: CAT/GMAT
• Website: IIM Calcutta

XLRI Jamshedpur: Xavier School of Management

XLRI Jamshedpur is one of the oldest and most prestigious private management institutes in India. Founded in 1949 by the Society of Jesus (Jesuits), it has a strong focus on values-based education and social responsibility. XLRI Jamshedpur offers a two-year Post Graduate Diploma in Business Management (PGDM-BM) that is equivalent to an MBA degree.

The PGDM-BM program provides a holistic and integrated learning experience that covers all aspects of management with an emphasis on human resources and industrial relations.

Some of the key facts about XLRI Jamshedpur are:

• Year of establishment: 1949
• Fees: INR 28,00,000
• Average placement: INR 25,08,000
• Mode of admission: XAT/GMAT
• Website: XLRI Jamshedpur

SPJIMR Mumbai: SP Jain Institute of Management and Research

SPJIMR Mumbai is a leading private management institute that was established in 1981 by the Bharatiya Vidya Bhavan. It has a vision to influence practice and promote value-based growth through its innovative pedagogy and research. SPJIMR Mumbai offers a two-year Post Graduate Diploma in Management (PGDM) that is equivalent to an MBA degree.

The PGDM program follows a unique curriculum that combines core courses with specialization courses that are aligned with the students’ career aspirations. The PGDM students also get to participate in various social, cultural, and global immersion programs.

Some of the key facts about SPJIMR Mumbai are:

• Year of establishment: 1981
• Fees: INR 24,00,000
• Average placement: INR 26,36,000
• Mode of admission: CAT/XAT/GMAT
• Website: SPJIMR Mumbai

IIM Kozhikode: Indian Institute of Management

IIM Kozhikode is one of the newer IIMs that has made a mark in the management education sector. Established in 1996, it has a mission to create a globally diverse and inclusive academic community that fosters excellence in teaching, research, and social impact. IIM Kozhikode offers a two-year Post Graduate Program in Management (PGP) leading to an MBA degree.

The PGP curriculum is based on experiential learning and case-based pedagogy that develops critical thinking and problem-solving skills among the students. The PGP students also get to interact with eminent faculty, industry experts, and alumni through various seminars, workshops, and mentorship programs.

Some of the key facts about IIM Kozhikode are:

• Year of establishment: 1996
• Fees: INR 19,00,000
• Average placement: INR 23,08,000
• Mode of admission: CAT/GMAT
• Website: IIM Kozhikode

IIM Lucknow: Indian Institute of Management

IIM Lucknow is the fourth IIM that was established in 1984. It has a vision to be a preeminent centre of excellence in management education, research, and consultancy. IIM Lucknow offers a two-year Post Graduate Programme in Management (PGPM) that is equivalent to an MBA degree.

The PGPM curriculum is comprehensive and rigorous, covering all the functional areas of management as well as emerging areas such as analytics, entrepreneurship, and sustainability. The PGPM students also get to benefit from various academic collaborations and industry partnerships that enhance their learning and employability.

Some of the key facts about IIM Lucknow are:

• Year of establishment: 1984
• Fees: INR 19,25,000
• Average placement: INR 24,25,000
• Mode of admission: CAT/GMAT
• Website: IIM Lucknow

FMS Delhi: Faculty of Management Studies

FMS Delhi is one of the oldest and most respected public management institutes in India. Founded in 1954 by the University of Delhi, it has a reputation for producing leaders and change-makers in various sectors of society. FMS Delhi offers a two-year Master of Business Administration (MBA) program that aims to develop managerial skills and competencies among the students.

The MBA program covers core courses in various domains of management as well as electives that allow students to pursue their interests and goals. The MBA students also get to participate in various extracurricular activities and events that enrich their personality and network.

Some of the key facts about FMS Delhi are:

• Year of establishment: 1954
• Fees: INR 1,92,000
• Average placement: INR 25,60,000
• Mode of admission: CAT
• Website: FMS Delhi

MDI Gurgaon: Management Development Institute

MDI Gurgaon is one of the leading private management institutes in India that was established in 1973. It has a vision to be a global business school that creates leaders who make a difference to society. MDI Gurgaon offers a two-year Post Graduate Programme in Management (PGPM) that is equivalent to an MBA degree.

The PGPM program provides a holistic and integrated learning experience that covers all aspects of management with a focus on strategy, innovation, and ethics. The PGPM students also get to learn from distinguished faculty members who are experts in their fields.

Some of the key facts about MDI Gurgaon are:

• Year of establishment: 1973
• Fees: INR 21,34,000
• Average placement: INR 22,05,000
• Mode of admission: CAT/GMAT
• Website: MDI Gurgaon

IIT Delhi: Department of Management Studies

IIT Delhi is one of the premier engineering institutes in India that also offers a high-quality management education through its Department of Management Studies (DMS). Established in 1993, DMS has a mission to develop socially responsible leaders who can excel in the dynamic and complex business environment.

DMS offers a two-year Master of Business Administration (MBA) program that is designed to impart conceptual knowledge and practical skills in various domains of management as well as electives that allow students to pursue their interests and goals. The MBA students also get to participate in various extracurricular activities and events that enrich their personality and network.

Some of the key facts about IIT Delhi are:

• Year of establishment: 1993
• Fees: INR 9,60,000
• Average placement: INR 18,47,000
• Mode of admission: CAT/GMAT
• Website: IIT Delhi

How to get admission in the top 10 MBA colleges in India

Now that you know about the top 10 MBA colleges in India, you might be wondering how to get admission in them. Well, the answer is simple: you need to ace the entrance exams. Most of the MBA colleges in India accept the scores of the Common Admission Test (CAT) or the Graduate Management Admission Test (GMAT) for admission. Some of them also conduct their own entrance tests such as XAT, IIFT, SNAP, etc. You need to prepare well for these exams and score high enough to get shortlisted for the next rounds of selection.

The selection process for the top 10 MBA colleges in India usually consists of the following stages:

• Written Ability Test (WAT): This is a test where you have to write an essay on a given topic within a limited time. The purpose of this test is to assess your writing skills, logical thinking, and clarity of expression.
• Group Discussion (GD): This is a test where you have to discuss a given topic with a group of other candidates within a limited time. The purpose of this test is to assess your communication skills, leadership skills, and teamwork skills.
• Personal Interview (PI): This is a test where you have to face a panel of interviewers who will ask you questions about yourself, your academic background, your work experience, your career goals, and your knowledge of current affairs. The purpose of this test is to assess your personality, confidence, and suitability for the program.

The weightage given to each stage may vary from college to college, but generally, the entrance exam score has the highest weightage followed by the PI, GD, and WAT. You need to perform well in all these stages to secure your admission in the top 10 MBA colleges in India.

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Tips to crack the entrance exams and selection process

Here are some tips that can help you crack the entrance exams and selection process for the top 10 MBA colleges in India:

• Start your preparation early: The entrance exams are usually conducted between November and January every year. You should start your preparation at least six months before the exam date. This will give you enough time to cover the syllabus, practice mock tests, and revise important topics.
• Choose your study material wisely: There are many books, online courses, coaching institutes, and websites that offer study material for the entrance exams. You should choose the ones that suit your learning style, budget, and convenience. You should also refer to the official websites of the exam conducting bodies and the colleges for updated information and guidelines.
• Focus on your strengths and weaknesses: The entrance exams test your aptitude in various areas such as quantitative ability, verbal ability, logical reasoning, data interpretation, and general awareness. You should identify your strengths and weaknesses in these areas and work on them accordingly. You should also practice time management and accuracy while solving questions.
• Prepare for WAT, GD, and PI: Apart from the entrance exam score, you also need to impress the selectors with your writing skills, communication skills, and personality. You should prepare for WAT by reading newspapers, magazines, blogs, etc., and writing essays on various topics. You should prepare for GD by participating in group discussions with your friends or peers on current affairs or business issues. You should prepare for PI by researching about the college, program, faculty, alumni, etc., and preparing answers for common questions such as “Tell me about yourself”, “Why MBA?”, “Why this college?”, etc.
• Be confident and positive: The entrance exams and selection process can be stressful and challenging. You should not let that affect your confidence and positivity. You should believe in yourself and your abilities. You should also maintain a healthy lifestyle by eating well, sleeping well, exercising regularly, and relaxing occasionally.

Conclusion

Getting admission in one of the top 10 MBA colleges in India is not an easy task. It requires hard work, dedication, and smart strategy. However, it is not impossible either.

If you follow the tips given above and prepare well for the entrance exams and selection process, you can achieve your dream of studying in one of the best management schools in the country. We wish you all the best for your future endeavors!

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