Top MBA Colleges in India Based on 2023 Ranking

Ans. The IIMs and IITs are the best colleges for an MBA. The best IIMs in India are IIM Ahmedabad, IIM Bangalore, IIM Lucknow, IIM Calcutta, and IIM Kozhikode. Among the IITs, the best names include IIT Bombay, IIT Madras, IIT Delhi, and IIT Kanpur.

Apart from these, there are many other top government MBA colleges in India like FMS Delhi and NITIE Mumbai, and the top private MBA colleges in India include SP Jain Mumbai, Narsee Monjee, XLRI Jamshedpur, and MDI Gurgaon.

Ans. Mumbai is one of the top hubs for pursuing an MBA education in India as it offers very good colleges and also placement opportunities at multiple stock exchanges. In addition to this, Delhi NCR, Gujarat, and Bangalore are some other preferred cities and states for management education in India.

Ans. India has some of the best B schools in the world, which are also ranked by international agencies like QS. Thus, India is one of the best countries for an MBA. The average MBA package after graduating from Tier 1 colleges in India like IIMs is around INR 25-40 lakh per annum. This value is comparable with many other countries in the world.

Ans. CAT is not a difficult exam, but rather a competitive exam. The syllabus of CAT includes questions related to Verbal Aptitude, Non-Verbal Aptitude, Logical Reasoning, and Data Interpretation. Many of these questions are also asked by companies during their campus recruitment, though the level of CAT is a bit high.

Still, proper guidance and training can make CAT an easy nut for you to crack. It does not matter how much you score. What matters is the rank of your score among all the participating students.

Ans. CAT is not strictly compulsory for MBA, but yes, it will open the maximum number of doors for you. All the IIMs and IITs in India take admission only based on CAT. The majority of the private and government MBA colleges take admission based on CAT scores. So not appearing for CAT might snatch away many opportunities from you, that too the best ones.

Still, if you don’t want to give CAT, you can go for many other exams like CMAT, MAT, NMAT, XAT, and ATMA.

Ans. CAT 2020 was for 2 hours only, instead of 3. Each section was for 40 minutes, and candidates were not allowed to switch between sections.

Ans. Candidates who want to make changes can update them:

• Signature
• Photograph
• Test City Preferences

Any changes apart from these won’t be entertained.

Ans. IIM Indore is ranked 7 among the top MBA colleges in India by NIRF Ranking 2022 and 4th by Outlook. The institute offers a PGPM degree rather than an MBA, and the rating for PGPM at IIM Indore is 8.3/10. The institute charges a fee of INR 7,86,000 for 1 year of education and offers an average salary of INR 22.92 lakh per annum. Thus, the ROI of IIM Indore is 2.91.

Ans. MBA Finance is one of the most popular specializations of MBA in India. The course is offered by more than 2,000 B Schools in India. Some of the best colleges in India for MBA Finance are IIM Kozhikode, SP Jain Mumbai, IIFT New Delhi, and MDI Gurgaon.

Ans. MBA is the most popular course and the basic eligibility criterion is also not too harsh. Any graduate from any stream can pursue this course. In addition to this, MBA offers the most lucrative career options to students. The package offered after completing the course is one of the highest. Also, there is a huge demand for courses in India. All these reasons contribute to an expensive MBA degree.

Ans. MBA Finance graduates can earn a salary anywhere between INR 3 lakh to 30 lakhs per annum. This depends very much upon the college you are graduating from. IIM graduates generally earn annual packages above INR 20 lakh. The graduates of IITs and the best private colleges, i.e., Tier 2, get to earn an average salary of INR 12-18 lakh. In the case of average colleges, the package stays around INR 3-7 lakh per annum.

Ans. MBA Finance Syllabus covers a holistic detail of topics like Finance, Managerial Accounting, Risk Management, Corporate Taxation, Income Securities, etc. Read all the details of subjects and workshops in this course, by clicking on the MBA Finance Syllabus.

Ans. There is no specified age for when you can do an MBA. Still, you should look for a course around the age of 25-28 years. The average student age after graduation is 22 years. If you go on to do a job after this and choose an MBA at the age of 25-28 years, you will have work experience also. This increases your chances of getting recruited in the selection procedure.

Ans. The most in-demand MBA specializations in India are MBA Marketing, MBA Finance, MBA in HR, and MBA Operations Management.

Ans. There are many parameters to consider which is better, an MBA or CA. The average money invested in a CA course is very less than the cost of an MBA. However, the latter offers a much more attractive package than the former one.

CA is an uncertain journey and you don’t know how long it will take to complete the course. In the case of an MBA, you will probably be working at a suitable place after 2 years.

The job options after an MBA are enormous, while CA, CS, and related courses have a limited scope.

So, considering all these options, MBA does look to be a better course than CA. However, all that glitters is not gold. Understand the syllabus of both courses and find your cal? and simply go for that.

Ans. The average salary of an MBA is more than that of a CA. The average MBA salary in India can be up to INR 20-25 lakh, while the average CA salary is INR 7-10 lakh.

Ans. IIM Calcutta and IIM Ahmedabad offer the best placement packages in India. But, the ROI of IIM Calcutta is not so good as its fees are very high.

Ans. No. An MBA course can be done after graduation in any stream, but not after Class 12th.

Ans. Some of the top colleges accepting TANCET scores for MBA admission in India are Anna University, PSG Coimbatore, Kongu Engineering College, Erode, ITM Business School, Chennai, CIMAT Coimbatore, and Vel Tech Chennai. Check the complete list of MBA Colleges in India accepting TANCET.

Ans. Yes, MBA can be done after B.Tech. BTech students make the largest share in MBA batches of top MBA colleges in India.

Ans. Yes. MBA can be done through an online medium also. Read more about this here.

Ans. Maths make up an important part of both the MBA syllabus and MBA entrance exams. So you cannot skip the Queen of Science.

Ans. It does not matter which course you study in graduation for your MBA admission. However, BTech, BBA, and BCA are some of the recommended courses.

Ans. MBA does offer skills that guide you in your entrepreneurial journey. So yes, it might turn out to be a good course if you are planning to become one.

Ans. The value for money of an MBA depends upon the college you study from. If you are graduating from a top Tier 1 or Tier 2 college, you will most probably realize the value in the future. In the case of Tier 3 colleges, your skills appear to be an additional criterion, as sometimes these colleges lack the important stuff.

Ans. This depends on which field you want to enter. If you plan to remain in the core IT field and make advancements in your engineering specialization, simply choose MTech or MS. If you plan to enter the business industry and the management sector, go for an MBA.

Ans. The present market is dominated by the IT industries. If you pursue an MBA after BTech, you will know about both the Technology and the skills required to manage and market that. This is one of the best advantages of doing an MBA after engineering.

Ans. Due to an enormous number of students pursuing an MBA every year, the course’s average value has deviated a bit, but still, MBA is one of the most sought courses by recruiters in the corporate world. It is also the course offering one of the highest salaries to students.

Ans. Yes, they are. The full form of SPJIMR is the SP Jain Institute of Management and Research.

Ans. Many organizations and institutes offer scholarships for MBA programs. 2 best ways to get a scholarship are:

• A good score on the entrance test.
• Extensive research work in a particular field.

Ans. The fee for an MBA from Narsee Monjee Mumbai is INR 9,25,000 for 1 year. Check the full division of Narsee Monjee Mumbai MBA Fees Structure.

Ans. MBA in BHU (Banaras Hindu University) is offered through the university’s Institute of Management Studies (IMS). The average MBA salary at IMS BHU Varanasi is INR 7,20,000. The highest MBA package at BHU in 2022 placements was INR 18,00,000. You can check the complete report of BHU MBA Placement.

Ans. Given below is a list of the best MBA colleges in Mumbai:

• Jamnalal Bajaj Institute of Management Studies-JBIMS
• Shailesh J. Mehta School of Management, IIT Bombay
• National Institute of Industrial Engineering-NITIE
• SP Jain Institute of Management and Research-SPJIMR
• Amity Global Business School

Ans. MBA Business Analytics and MBA Marketing are some of the most rewarding MBA specializations.

Ans. MBA admission without entrance exams is offered in colleges like Amity University, Noida, Birla Global University, Bhubaneswar, LPU Jalandhar, UPES Dehradun, OP Jindal Global University, and many others. Read full details related to MBA without the entrance exam.

Ans. ISB and IIM, have established themselves as the premier management institutes in India. What separates them is the fact that ISB Hyderabad asks for a 5-year pre-MBA experience from applicants. Whereas, IIMs don’t keep any such criteria.

Ans. Some of the best MBA colleges in India under CMAT include Great Lakes Chennai, KIIT Bhubaneswar, Alliance University, Bangalore, and VIT Vellore.

Ans. SJMSOM-IIT Bombay offers a very good MBA course for students. The institute has been ranked No. 4 in the world by QS World Rankings. The average salary offered remains above INR 20 lakh per year.

Ans. To get MBA admission in IIMs, you need to first of all clear the CAT exam. If you meet the required eligibility criteria and clear the CAT cutoff asked by the IIM, then you can appear for the final selection, and this is where the real game begins. IIM Final Selection rounds for MBA include a lot of parameters and are often very tough to clear, only the best make it through. This final round varies from college to college but includes Written Ability Test (WAT), Group Discussion (GD), Personal Interview (PI), and many other steps. Some IIMs also ask for work experience and also consider your performance in Class 10th and 12th exams. Apart from this, a few institutes also consider other parameters like your Gender, Caste Category, and bachelor's degree, to maintain a variety in their MBA batches.

Ans. Yes, many IIMs like IIM Bangalore give MBA admission through GMAT. ISB Hyderabad also gives admission through both GMAT and GRE. However, most IIMs consider GMAT scores only in the case of international students. Check all details about MBA Through GMAT in India.

Ans. Yes, MBA degrees from India are completely recognized in the USA, UK, and many other countries. MBA from IIMs like IIM Ahmedabad, IIM Bangalore, and many other premier colleges are very much appreciated there as these colleges also rank among the top 100 B schools in the world.

Ans. No MBA is a 2 years PG course

Ans. Yes, you can do an MBA after pursuing a B.Com. course.

Ans. To be eligible for an MBA, students need to have completed graduation in any stream with at least 50% marks. Students of Science, Commerce, as well as Arts streams, can pursue MBA courses. The doors are also opened for vocational course students.

Ans. The registration fees for CAT 2023 are INR 2200 for General and OBC candidates and INR 1100 for SC/ST/PWD candidates.

Ans. Some of the best private B schools in India are:

• Indian School of Business (ISB), Hyderabad
• XLRI Jamshedpur
• MDI Gurgaon
• SP Jain Mumbai

Ans. The best MBA college in Bhopal is the Indian Institute of Forest Management (IIFM). In addition to this, some other top MBA colleges in Bhopal include PIMR Bhopal, Sagar Institute of Research and Technology, and RKDF University, Bhopal.

Ans. The best colleges in Ranchi for MBA undoubtedly include IIM Ranchi and BIT Mesra, Ranchi. In addition to this, other top MBA colleges in Ranchi include Xavier Institute of Social Service (XISS), YBN University, ICFAI University, Institute of Science and Management (ISMR), etc. Most of the MBA colleges in Ranchi are affiliated with Ranchi University and admissions in MBA courses are majorly done through CAT and MAT.