Business is one of the most important part of the economy and as the economy grows there is a need of skilled business professionals. If you already have a graduation degree then you can pursue MBA as a postgraduate. The most important thing that one has to remember is form where they are planning to pursue the postgraduate degree because having the degree from a well-reputed industry is going to show a huge impact on the career. There are so many best MBA colleges and business schools in India and almost every institute claims themselves as the best. This arises a sort of confusion and as it is very important to pick the right college for your post graduation, you have to do a sort of research. Here is the compilation of the best MBA colleges and B-schools in India.

1. Indian Institute of Management-Ahmedabad

Indian Institute of Management- Ahmedabad (IIMA) has been considered the best college in India. It has been in the first position for several years offering the high quality education. It is in the 56th position in the top 100 best business schools internationally. The two year post graduate program offered by IIMA is one of the best post graduation courses across the country and there is no need of any work experience as a prerequisite before the admission. It also offers one year program for the executives about the management and it is one of the top programs globally.

2. XLRI Xavier Institute of Management, Jamshedpur

Xavier Business School based in Jamshedpur is one of the oldest and best management school in India. It has been established in the year 1949 and ever since it has been in the top ten business schools list in India. It offers various types of programmes for the students who want to pursue post graduation in business management. It offers a two year full time program for Human resource management and Global MBA, a 15 months General management full time program and a doctoral fellow program and many other executive programs are offered by the B-school. The school is well known for its quality education.

3. Indian Institute of Management, Kozhikode

There are total thirteen Indian Institutes of Management and this Kozhikode is one of them. The business school has become very famous because of their best in class education. The institute was founded in the year of 1996 and was collaborated with the government of Kerala. It was the fifth IIM that was established in India. IIMK offers different academic programs including Fellow Program in Management, Post Graduate Program in Management, Social Development Initiatives, Executive Post Graduate Program, International Exchange.

4. Faculty of Management Studies, Delhi

Located in the capital of the country, Faculty of Management Studies is one of the best business schools available in India. It was established in the year of 1954 under the University of Delhi and offers full time management course to the students as well as the part time management education to the professionals. It is one of the oldest business schools present in India that offers the full time MBA program. It offers academic program, research program, training program and consultancies.

5. Indian Institute of Management, Calcutta

The Indian Institute of Management, Calcutta is the first national institute that was established in the year of 1961 by Government of India offering the post graduation studies and research in management. The institute was established in the collaboration of the government of West Bengal, The ford foundation and Indian institute, Alfred P.Solan School of Management. With the years passing by, IIMC has achieved the global reputation and is now one of the best institutes for management studies in India.

6. Indian Institute of Management, Indore

The Indian Institute of Management is an autonomous public business school located in Indore. IIM, Indore is the sixth best college in India for the post graduation. The institute is prominent for its high quality education. It offers various courses for the students, executives, etc. Some of the courses offered by IIM, Indore are Post Graduate Program in Management, Integrated Program in Management, Post Graduate Program in Management for Executives, Executive Post Graduate Program in Management, Fellow Program in Management.

7. Management Development Institute, Gurgaon

Management Development Institute is one of the best institutes in India. It was established in the year of 1973 and based out in Gurgaon near New Delhi, India. The institute has garnered a lot of prominence globally and is one of the best and rapid developing educational institution in India. The courses offered in MDI, Gurgaon are Post Graduate program in management, National management program, Postgraduate Program in International Management, Post Graduate Program- Human Resource Management and there are some other courses too.

8. Indian Institute of Foreign Trade- New Delhi

IIFT is an autonomous business school that has been established in the year of 1963 by Government of India. The main aim behind the establishment of IIFT is to professionalize the foreign trade management in the country and to increase the exports. It offers a flagship program named MBA- IB which is popular across the world. Apart from that the institute provides various other management programs too.

9. SP Jain Institute of Management and Research

S.P. Jain Institute of Management and Research is a part of the Bharatiya Vidya Bhavan. It has been recognized as one of the best and most prominent business school in India. The institute became famous all over India and now they have established three business schools in Mumbai. It has emerged as one of the top ten business schools in country by 1994-1995. SPJ offers PG diploma in Management, PG program in Management, Family managed business program and executive managed business program.

10. International Management Institute, New Delhi

IMI, Delhi is a private business school located in New Delhi. It has been established in the year 1981 and has been evolved as India’s first corporate business school in India. It offers various programs for the candidates who are pursuing post graduation including post graduate diploma in management, executive post graduate diploma in management, fellow program in management, etc.

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Short Notes About pursuing MBA in India

Are you planning to pursue an MBA in India? Then you must be aware of the certain things. India is a multi diversity country that consists of top MBA colleges. Master of Business Administration is a two years course that provides better insight into business functions. Regarding the specialization, it provides theoretical, conceptual and practical training in different aspects of business like operations marketing, economics, corporate finance, basic accounting etc These days MBA studies are booming in the market. Many companies prefer to hire highly skilled MBA graduates for the company’s improvement. Each year many applicants from a different country are applying to top colleges. The MBA is the right passage for many business professionals. It’s a skill improvement course that acts as a door-opener to exciting career opportunities. MBA is king, and studying is an unforgettable journey that awaits in the rising emerging market. Here, in this article, let’s know about pursuing MBA in India.

Entrance exam:

As to get admission to Top MBA colleges in India, it is important to qualify in the entrance examination. An entrance examination is a qualification examination to select prospective students for admission. In the competitive study market, the entrance exam judges the student’s ability, knowledge, sharpness etc. The skill level is tested in the entrance examination. When it comes to the master of business administration, there are around 50 entrance exams to get into a business school. Among the most exams, here have given some popular and important exams to get you into India’s top MBA colleges.
CAT Common Admission Test
IIFT  Indian Institute of Foreign Trade
XAT Xavier Aptitude Test
IBSAT ICFAI Business School Aptitude Test
SNAP Symbiosis National Aptitude Test
TISSNET Computer Based Test
NMAT candidate friendly exam
KMAT Karnataka Management Aptitude Test
These exams are conducted at three levels: entrance exam, group discussion and personal interview. After scoring the cut-off marks in the entrance exams, you will proceed to group discussion and the personal interview.

Top MBA colleges in India:

Let you know about some Top MBA colleges in India. Here are some lists of colleges. IITs, VIT, IIMs, NMIMS, SIBM, SPJMIR and these colleges come with great placement opportunities in top companies. Some companies hire experienced work candidates, and some don’t.

Why should you do an MBA in India?

Quality of education:

In recent years, top B-schools in India upgraded their curriculum, syllabus, and teaching methodology to meet the international counterparts’ standards. Aspirants understood not every university offers the same quality of education. While selecting the colleges, you should be more concerned so that you can acquire the skill and boom in the industry.

Plan of the aspirant:

 When deciding to study for an MBA, students need to consider factors like a long-term plan. The aspirant must be clear about where they want to do their job and where they want to settle down. While different countries have different orientations and working principles so consider the market when selecting the MBA colleges.

Cost of MBA programme:

When deciding to do an MBA in India, the cost is one of the essential factors to consider. The cost may vary depending on the university you select. All the factors, including living expenses, food and travelling expenses, should take into consideration. An educational loan plays an essential role that eases the financial risk of the students.

Placement opportunities:

Make sure to select the college which provides the placement opportunity. It eases your stress and gives you an opportunity to attend an interview with top companies on campus. The toppers of the B-school will get multiple offers. Best B-schools will guarantee a job, and when it comes to a placement process, things work out differently. The aspirants should put maximum effort to connect with the dream companies and land a cushy job.

Academic:

When you apply for colleges in India, you need to do a little bit of research to study in the best universities. If the candidates want to apply for an MBA, he/she should complete a primary bachelor graduation degree. It could be a B.A, B.com, engineering degree or any other discipline. As when applying, it is important to submit all semester-wise marks that you have covered in your degree.

MBA develops your business skills:

MBA studies make the candidates well proficient in their profession. They acquire knowledge and obtain the skills they need and always stay ahead of other employees. The study program efficiently improves your skills:
  • Improve management skills and leadership
  • Efficiency to advertise and sell the services and products
  • Making the connection with the business network
  • Manage critical situations (e.g. financial crisis, public scandals)
  • Maintain the company’s financial health
  • Maintain and promote the company’s personal image
  • Collect and interpret information regarding industry data
  • Hire skilled employee and enhance employee retention
  • Create an efficient strategy that helps the company thrive
  • Make tough decisions at the right time

Wrapping it up:

Doing an MBA in India gets you placed in the desired position and reaps excellent financial benefits. When you do MBA in a reputed institution and acquire skills with your hard work, surely you will take the career to the next new level. If you have any doubts about doing an MBA, then use the internet and do research and get placed in the right institution.

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