Best MBA Colleges in India

To have the best learning experience and pursue a satisfying career, the MBA College you choose must offer top-notch education, reputation, outstanding placement chances, alumni network, professors, etc. There are numerous MBA institutions in India, and each individual must thoroughly examine and choose their favorite MBA schools and then join. Candidates can also obtain information about the best colleges through consulting alumni, the internet, and other sources.

Every management aspirant aims to be accepted into one of India's top ten MBA colleges. The top management institutions, without question, excel in terms of facility, quality education, and excellent instructors. Exchange programs, great placements, research facilities, and other characteristics distinguish the top MBA colleges from other universities, giving students access to worldwide connections. Students will obtain practical experience, professional competence, and practical knowledge through internships and courses and access to a huge alumni network. We've compiled a list of the best MBA institutions in India to make it easier for candidates to choose the most suitable school.

IIM Ahmedabad

It is the leading management school for a master's degree in India, ranking first among India's best ten IIMs. It doesn't leave any stone unturned when giving its students hands-on experience. Its inclusion on a resume will make you stand out and become the topic of the town. CAT scores, as well as class 10th and 12th grades, are used to determine admission. Shortlisted candidates are asked to take an eligibility test known as the Analytical Writing Ability Test. Then those who have passed the test are called for a personal interview which is the final round, and then they are accepted to IIM Ahmedabad. The average annual remuneration is 23 lakhs, with the highest remuneration reaching 72 lakhs (approx).

IIM Bangalore

It was named the finest business school in Asia by EQUIS in 2019. Also, it is India's sole business and management college to be admitted to the Global Network For Advanced Management. The world's top business schools collaborate on this Yale University project. Shortlisted candidates are asked to take an eligibility test known as the Analytical Writing Ability Test. CAT scores, as well as class 10th and 12th grades, are used to determine admission. Then those who have passed the test are called for a personal interview which is the final round, and then they are accepted to IIM Bangalore. The average annual salary is 26 lakhs, with a top salary of 62 lakhs.

IIM Calcutta

Our country's first IIM, established in 1961, laid the foundation for the country's IIM legacy. It has always given its students a significant stipend and hands-on experience, which has helped them obtain positions with top recruiters like Amazon, EY, and KPMG. Shortlisted candidates are asked to take an eligibility test they call Analytical Writing Ability Test. CAT scores, as well as class 10th and 12th grades, are used to determine admission. Then those who pass the test are called for a personal interview which is the final round, and then they get admission to IIM Calcutta. The average yearly salary is Rs. 25 lakhs, with a maximum of Rs. 75 lakhs.

IIM Lucknow

One of India's most prestigious business schools is IIM Lucknow. It has student exchange partnerships with prestigious business and management institutions throughout the globe. Also, its management courses have indeed been approved by international certification organizations like AMBA and AACSB. IIM Rohtak and IIM Jammu, for example, have profited from their advice. Shortlisted candidates are asked to take an eligibility test they call Analytical Writing Ability Test. CAT scores, as well as class 10th and 12th grades, are used to determine admission. Then those who pass the test are called for a personal interview which is the final round, and then they are admitted into IIM Lucknow. The average annual stipend is 23 lakhs, with the maximum stipend being 56 lakhs.

IIM Kozhikode

With a master's degree and academic research management programs, it is on the list of top respected universities in management. In 2020, NIRF placed 6th in the top 100 management institutions nationwide, and its placement opportunities are famous. Based on CAT scores and class 10th and 12th grades, shortlisted candidates are picked for an entrance test called Analytical Writing Ability Test, and those who pass the test are called for the Personal Interview round. IIM Kozhikode then accepts those candidates who clear the personal interview, which is the final round. The average annual package is 22 lakhs, while the highest payout is 47.

IIM Indore

One of India's fastest-growing business schools is IIM Indore. AMBA and AIU are recognized and have student exchange partnerships with business schools worldwide. In India's top 10 IIMs, IIM Indore is placed seventh. Shortlisted candidates are asked to take an eligibility test they call Analytical Writing Ability Test. Then those who have passed the test are called for a personal interview which is the final round, and then they are accepted to IIM Indore. CAT scores, as well as class 10th and 12th grades, are used to determine admission. With a peak placement of 50 lakhs per annum, the mean yearly pay is 22 lakhs.

IIM Tiruchirappalli

This institution was founded in 2011 and is currently placed at 11th position among India's 10 best IIMs. It has successfully positioned itself in the list of 10 best IIMs in our country, with a 44% rise in its summer placements campaign in 2019. Based on CAT scores and class 10th and 12th grades, shortlisted candidates are picked for an entrance test called Analytical Writing Ability Test, and those who pass the test are called for the Personal Interview round. IIM Tiruchirappalli then accepts candidates who clear the final round of personal interviews. As reported by the college, the mean yearly salary is 14 lakhs, with the top salary of 35 lakhs per annum.

XLRI Xavier School of Management

XLRI is India's oldest business school, founded by Jesuit Fathers. XLRI has been named the world's top private business school. In 1968, the college established a full-time Business Management program of duration two years for working people, and it today offers a range of corporate and blended programs. All programs offered by XLRI give students a holistic perspective of important business and management talents to fulfil the demands of the current commercial and public industries. The infrastructure of XLRI is incredible. The institute's local area network is supported by a 10 gigabit Ethernet network on the XLRI campus. There are twenty-two classrooms available, each with cutting-edge multimedia presentation capabilities. Each lecture hall has a capacity of 70 people and is set up in an amphitheater format.

IIM Udaipur

IIM Udaipur is the world's newest member of the Financial Times Master in Management Ranking 2019 and is certified by AACSB. It is currently on the list of the 20 most renowned business institutions and IIMs. Based on CAT scores and class 10th and 12th grades, shortlisted candidates are picked for an entrance test called Analytical Writing Ability Test, and those who pass the test are called for the Personal Interview round. IIM Udaipur then accepts candidates who clear the final round of personal interviews. The mean yearly salary is Rs. 13 lakhs, with the top salary of Rs. 33 lakhs per annum.

IIM Ranchi

IIM Ranchi is India's 9th IIM, established in 2010 and recognized among the best ten IIMs of our country. It is well-known for its postgraduate, doctoral, and certificate management programs. This college has reported the highest record of 100% placement of students in past years. Based on CAT scores and class 10th and 12th grades, shortlisted candidates are picked for an entrance test called Analytical Writing Ability Test, and those who pass the test are called for the personal interview round. IIM Ranchi then accepts candidates who clear the final round of personal interviews. The mean yearly salary offered by companies in this college is 14 lakhs, with a top salary of 26 lakhs per annum.

IIM Raipur

It opened its doors in 2010 with a world-class infrastructure and all of the necessary student amenities. It is approved by the AICTE and conducts student exchange programs with major business schools worldwide, giving students a one-of-a-kind experience. CAT scores, as well as class 10th and 12th grades, are used to determine admission. Shortlisted candidates are asked to take an eligibility test they call Analytical Writing Ability Test. Then those who have passed the test are called for a personal interview which is the final round, and then they are accepted to IIM Raipur. The average annual salary is 15 lakhs, with a top salary of 46 lakhs.

VGSOM, IIT Kharagpur, Indian Institute of Technology

The Vinod Gupta School of Management (VGSoM) was established in 1993 and was the first business and management institution under the IIT system. The institute provides superior management education spread across countries by incorporating insights from several academic subjects. There's also the Quiz Club, which brings quiz aficionados together and lets them share their knowledge. Students are updated on current branding and marketing trends via the marketing and advertising club (MAD). Fintrest is a finance club that aims to improve financial literacy among students. Deserving students can also apply for need-based scholarships.

Things To Consider While Choosing the MBA College In India-Institute Rankings

Colleges are ranked by various organizations depending on a range of characteristics. The rating organization examines institutions thoroughly and fairly before assigning them a ranking based on the quality and requirements met. Ranking organizations like NIRF, QS, and the Financial Times update their ranks every year. By reading through these university rankings, students will be able to find the best management university. Students can view a comprehensive list of rankings, which includes placement ratings, rankings, and value ratings, to assist them in selecting the finest MBA institution or university in India.

Research On the Faculty of The Course

The program's faculty and the level of education are inextricably linked. Teachers at the majority of India's best MBA programs have years of expertise, a proven track record, and a solid teaching background. In other situations, distinguished visiting academics from other famous institutions are assigned to disciplines in the invited colleges.

Course Curriculum

Students must ensure that course content matches current industry standards and expectations as new industrial trends arise in an ever-changing corporate environment. Every university has its website, which contains the course curriculum. Looking at the curriculum will give you a sense of what is being taught. Students must determine whether the course and curriculum structure will adequately prepare them to meet industry requirements and obstacles when seeking employment.

Know More About the Location

As part of your search for the finest MBA college, you should discover more about the place, the geographical aspects of the area, and the accessibility to basic utilities and transportation within a reasonable distance. Ensure to weigh the benefits and drawbacks of every option available to you at hand. As you will do this, keep your priorities in mind. Attending a management school at a location of your choice will enhance your college/university experience and inspire you to get the most out of campus life and surroundings.

Research Well on The Accommodation Facilities

While academic life at the college/university has a lot to offer, student housing and hostels play an important role in academic life. Students should check to see if the hostel is well-equipped, has modern amenities, has a mess, and is maintained and cleaned.