MBA in India

MBA in India

bog
Banita KhanalFri Jan 07 2022

MBA (Master of Business Administration) is one of the most desired postgraduate programmes around the world. It is a 2-3 year programme. 

MBA in India falls under one of the five affiliation categories-  those affiliated with public or private universities, independent institutes,  institutions governed by MHRD, institutes promoted by individual ministries and a few autonomous institutes.

A fresh undergraduate in India with minimal work experience can enrol in the MBA or Post Graduate Diploma in Management programmes.

Apart from a few handfuls of Business schools in India requiring a minimum of 2 to 3 years experience, fresh graduates get admission for an MBA in most of the colleges in India.

The Financial Times Global 2021 has listed five of the Indian MBA programs in the list top 100. The highest among them is ISB with the position of 23rd followed by IIM Bangalore in 35th,  IIM Calcutta in 44th followed by  IIM Ahmedabad and IIM Indore in the list of 100. The ranking was done based on the quality of faculty and career prospects.

Why study MBA in India? 

  • Since the MBA course in India is strongly associated with the world's top business schools, it is creating global business leaders. 
  • The business school in India is built with a world-class infrastructure that meets the learning needs of students.
  • Business schools in India conduct regular one-on-one interaction sessions, resume workshops, mock interviews and speaker sessions.
  • India has a stable political outlook and a good standard of living.  
  • To ensure the best way of peer learning,  Indian Business schools actively look for students with diverse profiles and personal/professional backgrounds.
  • Lower tuition fees, reasonable cost of living, and a competitive earning potential are one of the reasons. 
  • Financial aid and scholarship options are available  

Top Colleges for MBA in India 

Following are the institutes listed in the National Institutional Ranking Framework 2020

Rank

College 

Location 

1

Indian Institute of Management Ahmedabad

Ahmedabad, Gujarat

2

Indian Institute of Management Bangalore

Bengaluru,Karnataka   

3

Indian Institute of Management Calcutta

Kolkata, West Bengal 

4

Indian Institute of Management Lucknow

Lucknow, Uttar Pradesh 

5

Indian Institute of Technology Kharagpur

Kharagpur, West Bengal   

6

Indian Institute of Management Kozhikode

Kozhikode, Kerala   

7

Indian Institute of Management Indore

Indore, Madhya Pradesh 

8

Indian Institute of Technology Delhi

New Delhi, Delhi    

9

Xavier Labour Relations Institute (XLRI)

Jamshedpur, Jharkhand   

10

Management Development Institute

Gurugram, Haryana  

 Requirements

Document checklist:

  • Entrance Exam Admit Card
  • Entrance Exam Score Card
  • 10th/12th Mark Sheet & Passing Certificate
  • Domicile Certificate
  • Character Certificate
  • Passport-size photograph
  • Bachelor Degree Mark Sheet
  • Bachelor Degree Provisional Certificates

Eligibility

  • Passed their 10+2 in any stream with a minimum aggregate of 60% marks from a recognized Board
  • Completed graduation of 3 years from a recognized board
  • Scored a minimum of 50% or equivalent CGPA in graduation. A relaxation of 5% is provided for reserved categories
  • Passed Common Admission Test (CAT) and Graduate Management Admission Test (GMAT) for international students

Entrance Exam 

      CAT  (Common Admission Test)

  • Entrance exam conducted by Indian Institute of Management 
  • Valid for one year
  • Requires minimum 50% marks in Bachelor degree
  • Accepted by Indian Business schools.
  • Exam cost INR 2000

GMAT (Graduate Management Admission Test)

  • Entrance exam conducted by Graduate Management Admission Council
  • Valid for 5 years
  • Undergraduate (no minimum % requirement)
  • Accepted by Global business schools
  • Test cost USD 250

MBA Fees in India

College 

Course Name 

Fees (INR/Year)

FMS Delhi - Faculty of Management Studies University of Delhi

  • MBA

192000

JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies

  • Part-time MBA (3 years)

200000

IIM Bangalore - Indian Institute of Management

  • Master in Business Analytics 

1150000

IIM Ahmedabad - Indian Institute of Management

  • MBA

1150000

School of Business, University of Petroleum and Energy Studies, Dehradun

  • Master of Business Administration (Logistics and Supply Chain Management)
  • Master of Business Administration (Oil and Gas Management)

368000

VIT Business School, Vellore

  • MBA

350000

Great Lakes Institute of management 

  • 1 year MBA for professionals 
  • 2 years MBA for professionals 

1310000

Indian Institute of Technology Delhi

  • MBA
  • MBA Telecom 

240000

Indian Institute of Management Calcutta

  • MBA

1350000

Specializations options for MBA in India 

MBA in Finance

The required skills for MBA in Finance are-Strong mathematical skills, Strategic analytical thinking, Leadership qualities and Data metrics understanding

Top Institutes offering an MBA in Finance: 

  • SP Jain Institute of Management & Research (Mumbai)
  • Jain University (Bangalore)
  • IBMR Business School (Gurgaon)

MBA in Human Resource Management

The required skills for MBA in Human Resource Management are- Crisis management skills, Articulate communication skills, Leadership qualities, Sensitivity and Coordination skills

Top Institutes offering an MBA in HR

  • Tata Institute of Social Sciences (Mumbai)
  • Management Development Institute (Delhi)
  • Xavier Labour Relations Institute (Jamshedpur)

MBA in Information Technology

The skills required for MBA in Information technology are: In-depth knowledge of IT, Strategic planning and Global orientation

Top Institutes offering an MBA in IT: 

  • Jamnalal Bajaj Institute of Management Studies (Mumbai)
  •  BIMS (Calcutta)
  • Chandigarh University (Chandigarh)

MBA in Logistics Management

The skills required for MBA in Logistics management are-  Calmness, Problem-solving, Intelligent thinking

Top Institutes offering an MBA in Logistics Management: 

  • Amity Business School (Noida)
  • Presidency University (Bangalore)
  • VELS (Chennai)

MBA in Marketing Management

The skills required for MBA in marketing management are- Strategy building, Analytical thinking, Entrepreneurial skills, Creativity

Top Institutes offering MBA in Marketing Management

  • Indian Institute of Management (Ahmedabad)
  • Indian Institute of Management (Calcutta)
  • Institute of Public Enterprise (Hyderabad)

MBA in Business Management.

The skills required for MBA in Business Management are- Entrepreneurial skills, Teamwork, Leadership qualities, Crisis management skills

Top Institutes offering an MBA in Business Management: 

  • Indian Institute of Management ( Ahmedabad, Bangalore, Calcutta, Lucknow)
  • Symbiosis Centre for Management and Human Resources Development (Pune)

MBA in Rural Management

The skills required for MBA in Rural Management are - Fluency in multiple local languages, mass communication skills, problem-solving skills

Top Institutes offering an MBA in Rural Management: 

  • Welingkar Institute of Management (Mumbai)
  • Amity School of Rural Management (Noida)
  • Indian Institute of Rural Management (Jaipur)

MBA in Healthcare Management

The skills required for MBA in Healthcare Management are - Basic medical knowledge, Adaptive thinking, Ethical judgment, Honesty

Top Institutes offering an MBA in Healthcare Management: 

  • Symbiosis Institute of Health Science (Pune)
  • Indus University (Ahmedabad)
  • Manipal School of Management (Manipal)

MBA in Operations Management

The skills required for MBA in Operations Management are- Coordination skills, Problem-solving skills, Strategic thinking

Top Institutes offering an MBA in Operations Management: 

  • Narayana Business School (Ahmedabad)
  • DY Patil School University of Management (Mumbai)
  • Tapmi (Manipal)

MBA in Event Management

The skills required for MBA in Event Management are  Crisis Management skills, Coordination, Communication skills, Networking, Planning

Top Institutes offering an MBA in Event Management: 

  • National Institute of Event Management (Mumbai)
  • Parul University (Vadodara)
  • SAGE University (Madhya Pradesh)

What is an Integrated MBA? 

Integrated MBA is a five-year program that combines both undergraduate (BBA) and postgraduate (MBA). One can apply for an Integrated MBA right after completing class 12. 

Details

Degree Name: BBA MBA Integrated Course 

Duration: 5 years 

Average Tuition Fee: INR 8,00,000- 24,00,000

Eligibility: 10+2 with minimum demanded marks along with university level entrance 

Why choose an Integrated MBA?

  • Integrated MBA  offers the comprehensive syllabus of both BBA and MBA.
  • Integrated MBA gives you an opportunity to start your corporate training directly after completing high school.
  • Students don't need to repeat subjects as there is a time limit.
  • This course doesn’t need students to appear for competitive entrance exams repeatedly.

Colleges for Integrated MBA 

Following are the colleges offering MBA after class 12 along with the average annual fee

College Name 

Average Annual Fee ( INR) 

IIM Indore

4,00,000   

IIM Rohtak   

4,10,000     

XUB Bhubaneswar    

8,58,000    

RM Kanchipuram   

1,65,000   

NU Ahmedabad

17,07,000    

Scope of MBA in India 

After completing MBA, you can work in fields like - Client relations, consulting, business planning, resource or system analysis. Following are the areas where MBA graduates can apply

  • Banking & Finance
  • Information System Management
  • Investment Banking
  • Management Consulting
  • Private Equity
  • Data analytics 
  • Entrepreneurship

Following is the list of Job titles for MBA graduates 


Specialization: Finance 

Job Title 

Salary (INR/Year)

Project Manager  

1,263,744

Bank Manager  

813,174

Research Analyst   

387,468

Credit Analyst  

601,591

Business Analyst   

669,675

Credit Manager  

592,334

SAP Consultant   

655,878


Specialization: Business Analytics

Data Analyst   

438,398

Marketing Manager    

685,280

Senior Business Analyst    

994,494

Order Processing Manager   

434,843

Senior Business Analyst   

994,494


Specialization: Marketing 

Senior Marketing Manager  

1,342,969

Marketing Manager   

685,280

Business Development Manager   

597,879

Business Development Executive  

299,907

Area Sales Manager   

609,533

Project Manager   

1,263,774


Specialization: Human Resource Management  

Vice President (VP)

1,342,969

Human Resources (HR)  

3,053,846

Human Resources (HR) Manager    

697,958

Human Resources (HR) Director   

2,625,373

Human Resources (HR) Generalist     

375,802

Human Resources (HR) Officer    

31,8657

MBA Placements in Colleges in India

MBA Institute

Average Salary (INR/ Year)

MDI Gurgaon

23,15,000

JBIMS Mumbai

23,16,000

IMI Delhi

22,00,000

XIMB Bhubaneswar

26,00,000

IMT Ghaziabad

15,25,000

 

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