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Here we are going to bring you the list of Top Ranked MBA Colleges in India, Entrance Exam Scores accepted in these colleges, Eligibility Criteria, Admission Procedure, Fee Structures, Placement Records and other admission related details.
Why one should do an MBA Program?An MBA is a popular degree for students who are continuing their education, and it's not like to hard to figure out why. They're often accompanied by an increase in compensation and status, along with a better career in general. Although they are often expensive and time consuming, many people find that an MBA is well worth the endeavour or attempt, specifically citing more career opportunities, a higher salary, better networking, and increased skills. Here, we'll take a look at a few of the ways earning an MBA can have a positive effect on your career.
- Hiring Opportunities: As a general rule, more education means more career opportunities, and this rule holds especially true for MBAs. According to the Corporate Recruiters Survey hiring companies indicated that they had a definite plan to increase their hiring of MBA holders and scale back on candidates that only have an undergraduate degree. Additionally, MBAs are rising in popularity, so you may find that you need an MBA just to get in the door with some organizations.
- Career Growth: If you're feeling stagnant in your career and getting an MBA is an excellent way to take yourself to the next level. For many people, an MBA will open up opportunities that were not available before, whether it's a career that makes more sense for your life and skills, or a promotion to a better position within your organization. Getting an MBA show that you're serious about your potential for success, and others are likely to view you in a higher regard because of it.
- Better Compensation or Pay Package: With an MBA, you will command a higher salary, both due to your higher skill level and your increased demand. Another interesting fact from the Corporate Recruiters Survey is that employers are willing to pay up to 84% more for candidates with an MBA. This quite obviously shows that MBA degrees are well worth the money and time spent on earning them, as higher pay of this magnitude is likely to make your MBA degree quickly pay for itself.
- Better Skills: Going back to school for any reason will improve your skills, especially when pursuing an MBA. Continuing education will keep your mind fresh, particularly with critical thinking skills and concentration. These benefits exist both while you're in school and after you've received your degree. But beyond brain power, MBA programs are specifically designed to improve upon your business skills and ability to master the business environment. With an MBA, you'll have much of the knowledge, skills, and tools that you need to really succeed in the world of business. Additionally, the skills you'll learn as an MBA can translate to a better quality of personal life, giving you the knowledge to make better decisions in life and financial affairs.
- More Networking and Social Opportunities: Earning an MBA means you'll be studying with lots of other up and coming professionals in the business world. Being a part of the MBA classroom will help you forge relationships with other students that can turn into useful networking contacts. Additionally, being an MBA student or graduate will often grant you access to groups and opportunities that wouldn't be available to you otherwise.
Still, there's no denying that for many, earning an MBA will grant you access to a better career and a higher quality of life. To really make an MBA work for you, be sure to attend a school that is noted for its prestige, and pay attention to developing your experience level. With these factors in place, you're likely to make your MBA work harder to get you farther.
MBA SpecializationsThere are many different MBA Specializations available that can be pursued to get specialized in any area. Here is the list of MBA Specialization normally opted.
- Marketing Management
- Human Resource
- Operations Management
- Information Technology or Information Systems
- International Business
- Agri Business
- Healthcare and Hospital Management
- Retail Management
- Risk and Insurance
- Supply Chain Management
- Infrastructure Management
- Global Business
- Media Communications
- Construction Management
- Brand Management
Top MBA Colleges or B Schools of India
Ranked 1-20 MBA Colleges of India
- Xavier’s Labour Relations Institute, Jamshedpur
- Faculty of Management Studies, Delhi
- SP Jain Institute of Management and Research, Mumbai
- National Institute of Industrial Engineering, Mumbai
- Jamnalal Bajaj Institute of Management Studies, Mumbai
- Indian Institute of Foreign Trade
- Management Development Institute, Gurgaon
- Shailesh J. Mehta School of Management, IIT Bombay
- Tata Institute of Social Sciences, Mumbai
- Narsee Monjee Institute of Management Studies, Mumbai
- Symbiosis Institute of Business Management, Pune
- Institute of Management Technology, Ghaziabad
- Symbiosis Centre for Management and Human Resource Development, Pune
- International Management Institute, Delhi
- Xavier Institute of Management, Bhubaneswar
- Goa Institute of Management, Goa
- Institute of Rural Management, Anand
- KJ Somaiya Institute of Management Studies and Research, Mumbai
- Mudra Institute of Communication, Ahmedabad
- TA Pai Management Institute, Manipal
Ranked 21-30 MBA Colleges of India
- Great Lakes Institute of Management, Chennai
- Prin. LN Welingkar Institute of Management, Mumbai
- Symbiosis Institute of Operations Management, Nasik
- ICFAI Business School, Hyderabad
- Bharathidasan Institute of Management, Trichy
- FORE School of Management, Delhi
- Institute of Financial Management and Research, Chennai
- Institute of Management, Nirma University, Ahmedabad
- Lal Bahadur Shastri Institute of Management, Delhi
- Loyola Institute of Business Administration, Chennai
Ranked 31-40 MBA Colleges of India
- Symbiosis Centre for Information Technology, Pune
- Symbiosis Institute of International Business, Pune
- Faculty of Management Studies, BHU Varanasi
- Master of Finance and Control, University of Delhi
- Management Group, Birla Institute of Technology and Science, Pilani
- MHROD and MIB, Delhi School of Economics, Delhi
- Narsee Monjee Institute of Management Studies, Bangalore
- Symbiosis Institute of Business Management, Bangalore
- Sydenham Institute of Management Studies, Mumbai
- Symbiosis Institute of Management Studies, Pune
Ranked 41-50 MBA Colleges of India
- Xavier’s Institute of Management and Entrepreneurship, Bangalore
- Alliance School of Business, Bangalore
- Amity Business School, Noida
- Amrita School of Business, Coimbatore
- Birla Institute of Management and Technology, Noida
- Indian Institute of Forest Management, Bhopal
- Institute of Management Technology, Nagpur
- Sri Ram College of Commerce (Global Business Operations), Delhi
- Symbiosis Institute of Media and Communication, Pune
- University Business School, Chandigarh
Ranked 51-60 MBA Colleges of India
- Xavier’s Institute of Social Sciences, Ranchi
- Acharya Institute of Management and Science, Bangalore
- Department of Management Studies, NIT Durgapur
- Great Lakes Institute of Energy Management and Research, Gurgaon
- ICFAI Business School, Mumbai
- Institute of Management- Christ University, Bangalore
- Institute of Management and Technology, Hyderabad
- Pune University MBA, PUMBA
- International Management Institute, Kolkata
- National Institute of Bank Management, Pune
Ranked 61-70 MBA Colleges of India
- Symbiosis Institute of Telecom Management, Pune
- Department of Humanities, Social Sciences and Management, NIT Surathkal
- ICFAI Business School, Gurgaon
- Institute of Management Development and Research, Pune
- Institute for Technology and Management, Navi Mumbai
- International Management Institute, Bhubaneswar
- International School of Business and Media, Pune
- Jaipuria Institute of Management, Lucknow
- NL Dalmia Institute of Management Studies and Research, Mumbai
- SDM Institute for Management Development, Mysore
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MBA Entrance Exams in IndiaFor Admissions in these Top MBA Colleges of India interested candidates need to appear in the Entrance Exams conducted by the Universities, Management Institutes associations and other Management bodies. Here are some of the most popular MBA entrance exams.
CAT (Common Admission Test)
The Common Admission Test (CAT) is a Computer-based test conducted by Indian Institutes of Management (IIMs) as a pre-requisite for picking students for its MBA programs. The test is conducted by a different IIM each year, according to a policy of rotation. The CAT is the most popular MBA Entrance Exam in India and is also considered the toughest one to crack. CAT is conducted every year in the months of October and November.
XAT (Xavier Admission Test)
Xavier Admission Test (XAT) or the XLRI Admission Test is yet another tough nut to crack when it comes to MBA entrance exams. XAT is a nation-wide test conducted by XLRI (Xavier Labour Relations Institute), for admission to MBA courses at XLRI, XIM, XISS, LIBA, etc. The exam is usually held in the month of January.
Indian Institute of Foreign Trade (IIFT)
Indian Institute of Foreign Trade, Delhi is one of the top B-schools in India established by the Government of India (Ministry of Commerce & Industry). The institute conducts admission to its flagship MBA in International Business (MBA-IB) through the IIFT Entrance Exam. IIFT Entrance Exam is taken by around 60,000 candidates vying for 270 seats in the institute’s Delhi and Kolkata campuses.
NMAT (NMIMS Management Aptitude Test)
NMIMS Management Aptitude Test (NMAT) is the official entrance exam for admissions to MBA programs at SVKM's Narsee Monjee Institute of Management Studies (School Of Business Management). The online test is usually conducted in a time frame of three months, from October to December, allowing candidates to go for two retakes if required. And the best of the three scores is considered.
SNAP (Symbiosis National Aptitude)
Symbiosis National Aptitude (SNAP) is a common written test for the admission to all the Post-Graduate Institutes of Symbiosis International (Deemed) University.
While there is only one application for the SNAP written test, candidates need to apply separately to each institute within Symbiosis International University. This exam is usually held in the month of December.
CMAT (Common Management Admission Test)
Common Management Admission Test (CMAT) is an online computer-based test conducted by the All India Council for Technical Education (AICTE), India. It is a national-level admission test for facilitating institutions to select suitable students for admission in all management programmes approved by AICTE. Generally, the exam is held twice a year in the months of February and September.
ATMA (AIMS Test for Management Admissions)
The AIMS is a single-window entrance test conducted by the member management institutes of the AIMS to enrol students to its various MBA and PGDM programs. The exam is conducted in the month of February, and is designed to test the candidate in verbal reasoning, comprehension abilities, and aptitude for analytical and numerical reasoning.
Maharashtra Common Entrance Test (MAH-CET)
Maharashtra Common Entrance Test or is the state level MBA entrance exam for Maharashtra. Conducted by the Directorate of Technical Education (DTE), Maharashtra, the exam is held for the admission in 45,621 seats offered by 400+ B-schools in Maharashtra for their MBA/MMS/PGDM programmes. With the launch of the AICTE CMAT exam, MAH CET stood cancelled in the year 2013. After a hiatus of 1 year, MAH-CET was relaunched by DTE in computer based format. Till 2012, the exam was conducted in paper pencil based format. Apart from the shift in format, there was no change in the exam pattern. MAH-CET 2015 was taken by 57,224 candidates.
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