Best MBA Schools in India: Things to ConsiderFebruary 2, 2020
With a comparatively fast-paced career growth than other professional fields, MBA, as an academic program, is said to be the most predictable path to financial and professional success. Getting into the best MBA programs allows you to venture into varied sectors, ranging from IT and Telecom to Retail and Healthcare industry, among others. That’s why it hardly comes as a surprise when many students opt for management studies for their post-graduation.
Since the admission season is nearing, many students, like you, now must be busy searching for your perfect MBA degree destination.
However, a quick glance at the ranking charts of the best MBA programs might have instantly made you realize that most of these top-ranked MBA courses are offered by US universities. Nonetheless, this does not necessarily mean that there is a dearth of excellent MBA programs in India. In fact, India is home to some of the best institutions that offer quality MBA courses with an international faculty and a great placement record.
If you are on a lookout for the best MBA course in India, do not fret. Read this article to know more about the top-ranked MBA programs in India as well as to learn about the parameters that you should consider when selecting an MBA course.
Things to Consider
While the options for the best MBA degree in India are diverse, choosing the right MBA program is not that of an easy task. From the fee structure to placement records, and from infrastructure to the quality of faculty, it is essential to consider all of these elements while choosing an MBA course that you want to pursue. Some of the other key parameters that you should also take into account is, the kind of specialization that the institute offers as well as its age, location, and its collaboration with industry or MNCs.
Finally, and most importantly, the cut-off score of the institute is an essential parameter, which is an indirect predictor of all of the aforementioned factors. In short, the more the cut-off score of an institute is, the competitive the institute will be to get into. And, the more competitive the institute is in terms of its admission rate, the higher it’s brand value subsequently would be. Therefore, make sure that you keep all the things in mind when you are looking for an MBA program.
Best MBA Schools In India
Now that you know what all things you should keep in mind while selecting an MBA degree, it is now time to look for the right business school for yourself. This section, therefore, will deal with a general overview of the best B-schools in India. However, if you still need to get an extensive list of the top ten B-schools in India, you can also go through the Times Higher Education (THE) ranking list.
1. Indian Institute of Management- IIM
When it comes to Indian institutions that offer top MBA programs, IIMs, undoubtedly, stands out among the rest. In order to grab a seat in one of the thirteen IIMs in India, there is a cut-throat competition among students appearing for the Common Aptitude Test (CAT). According to NIRF 2019, IIM Bangalore tops the list among the best MBA programs in the country, followed by IIM Ahmedabad and IIM Calcutta. Needless to say, IIMs are the first choice of students who wish to opt for a business degree.
2. Indian Institute of Technology- IIT
While it may come as a surprise to you, there are many IITs, which offers an MBA course either full time or part-time to their prospective students. IIT Bombay, IIT Delhi, IIT Kharagpur, and IIT Roorkee are some of the popular IITs that students prefer over other business schools. Since IITs are funded by MHRD, the facilities offered by their management department are one of the best and up-to-date. Even their placement records are better than some of the newer IIMs.
3. XLRI Institute of Management, Jamshedpur
Ranked 2nd by the Economics Times in 2019, XLRI is another perfect choice for those seeking an MBA degree. As per the reviews of the students and faculty, there was almost a 100 percent placement last year in the summer internship program. Their MBA course and curriculum is continuously upgraded to make it more relevant to the current economy.
4. Symbiosis Institute of Business Management, Pune
It is one of the premier B-schools in India, where the world-class facilities and a quality business management faculty meets. If you are a highly motivated student with an excellent academic record, there would be no barriers for you, for the management faculty invites top MNCs for placements every year.
Manipal Institute of Management (MIM) is also listed among one of the best MBA schools in India. At MIM, you will have an opportunity to learn with a wide range of pedagogical instruments, with the guidance of an eminent team. What sets apart MIM from other top B-schools is that it offers dual specialization in multiple streams, such as finance, marketing, operations, and human resources.
In India, an MBA degree is now the most sought after degree after graduation among students. The immense popularity of an MBA course could be easily suggested by the fact that many students attempt to make their way into one of the best MBA programs every year. As mentioned before, there are many business schools in India that you could choose. However, if you are interested in joining our MBA program, kindly get in touch with the admission office to learn more about our MBA course.
Manipal Academy of Higher education (MAHE) is a global institute of repute. Besides courses in various other fields, here are some of the popular ones that students opt for. Click on the course of your interest to find out more about it.