MBA (Master of Business Administration) is one of the most desired postgraduate programmes worldwide. 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 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, 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, a 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 2023
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's 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 the Indian Institute of Management
- Valid for one year
- Requires minimum 50% marks in Bachelor's 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 |
|
192000 |
JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies |
|
200000 |
IIM Bangalore - Indian Institute of Management |
|
1150000 |
IIM Ahmedabad - Indian Institute of Management |
|
1150000 |
School of Business, University of Petroleum and Energy Studies, Dehradun |
|
368000 |
VIT Business School, Vellore |
|
350000 |
Great Lakes Institute of Management |
|
1310000 |
Indian Institute of Technology Delhi |
|
240000 |
Indian Institute of Management Calcutta |
|
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 combining 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 allows you to start corporate training directly after 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, and 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 |