10 Best Colleges For MBA Programs In India In 2024
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10-Aug-2024, Updated on 8/12/2024 2:37:10 AM

10 Best Colleges For MBA Programs In India In 2024

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It is quite challenging for anyone to undertake an MBA when they have ambitions of creating a sound foundation for their career in business and managerial positions. Brought to you by the Arch Colossus India, among the world’s fastest developing economy, and globally prominent business locations, are some of the world’s finest MBA programs. Below is the stratified list of the Top MBA colleges in India that will shape the students until 2024 in terms of performance, updated industry connections, better placements, and enhanced reviews. 

1. Indian Institute of Management (IIM) Ahmedabad: Among the best business schools, IIM Ahmedabad occupies the leading positions due to the high-quality faculty, strict educational programs, and excellent opportunities to get a job for graduates. This institute has a worldwide reputation & has remained a source of many successful business people. 

  • Fee: To complete this program, one would require around INR 24-28 Lakhs.
  • Mode of Entrance: CAT – Common Admission Test , WAT – Written Ability Test, PI – Personal Interview.

 2. Indian Institute of Management (IIM) Bangalore: Being the first of the Indian institutes to adopt the case study method and being located in a city known for its riches of entrepreneurial culture, this institute is closely connected with business society and provides students with a highly relevant curriculum that is in line with the international tendencies. 

  • Fee: About INR 7-8 Lakhs /year or INR 24-28 Lakhs for the complete course. 
  • Mode of Entrance: CAT followed by WAT and then by PI. 

3. Indian Institute of Management (IIM) Calcutta: Another B-school that specializes in finance & accounting is IIM Calcutta, which is yet another popular MBA choice. It boasts of one of the best alumni bases and hence, has some of the best career progression opportunities available. 

  • Fee: Around INR 25-30 Lakhs for the complete course of the program. 
  • Mode of Entrance: CAT preceded by WAT and PI.

4. Xavier School of Management (XLRI), Jamshedpur: XLRI is particularly well-known for its Human Resource Management program as well as the overall programs that it offers in the management field making it one of the better B-schools in India. 

  • Fee: It costs about INR 21-24 Lakhs, for the entire duration of program. 
  • Mode of Entrance: Xavier Aptitude Test abbreviated as XAT is followed by Group Discussion and Personal Interview abbreviated as PI. 

5. Faculty of Management Studies (FMS), University of Delhi: The ROI is especially high, and FMS is among the cheapest providers of MBA education with excellent quality. Hence, the school seeks to develop a good understanding of the managerial principles that underpin its operation. 

  • Fee: Approximately INR 2-2. 5 Lakhs only for the complete program. 
  • Mode of Entrance: CAT was conducted first, GD and PI were conducted thereafter.

6. Indian School of Business (ISB), Hyderabad: ISB is comparatively younger but has climbed the ladder quickly because it has a global curriculum, when it comes to faculties it has experienced people and when it comes to corporate it means a lot. 

  • Fee: It costs nearly INR 40-45 Lakhs for the full course.
  • Mode of Entrance: Written test which may be either the GMAT (Graduate Management Admission Test or the GRE (Graduate Record Examination) and an interview. 

7. S. P. Jain Institute of Management and Research (SPJIMR), Mumbai: SPJIMR is famous for the fact that it incorporates the theoretical curriculum with interactive socially focused assignments as well as business cases. 

  • Fee: About INR 2. 1-2. 5 Million for the whole course. 
  • Mode of Entrance: CAT or XAT, GMAT and finally, the Group Discussion and Personal Interview. 

8. Management Development Institute (MDI), Gurgaon: MDI is famous for its full-fledged management courses and favorable positioning in the world of business – Gurgaon, with myriads of networking possibilities. 

  • Fee: The above entire program cost is nearly around Indian Rupees, Twenty four to Twenty eight Lakhs only. 
  • Mode of Entrance: CAT followed by GD and was followed by a PI. 

9. National Institute of Industrial Engineering (NITIE), Mumbai: NITIE mainly deals with Industrial management, therefore is ideal for candidates wishing to specialize in operation and supply chain management. 

  • Fee: It would take around INR 15-20 Lakhs for the full course.
  • Mode of Entrance: CAT was first followed by GD and then the PI. 

10. Symbiosis Institute of Business Management (SIBM), Pune: SIBM provides a diverse student experience along with a course structure that covers novelty and leadership along with the spirit of entrepreneurship. 

  • Fee: The estimated cost of Single Professional Struggles Master today is about INR 20-23 Lakhs for the whole course.
  • Mode of Entrance: SNAP – Symbiosis National Aptitude Test, Group Discussion, Personal Interview.

The choice of the MBA program is important as it determines your working life throughout your career. Each of these colleges has relative advantages when it comes to one or another characteristic such as difficulty of programs, connections, and employability. If you are planning to get yourself into one of these top institutes, preparation goals and objective is of paramount importance.

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