MBA is a management and business administration course that provides an overview of the lifestyle of the marketplace around the globe. Let us understand better about MBA Colleges in India that could help us in pursuing the best degree with greater exposure
The MBA in itself is a big task and determining the eligibility criteria for the same is a necessity before thinking to opt for this career. The general criteria involve a minimum of 50% marks in graduation and certain criteria are also followed such as a 4-year compulsory undergrad degree and minimum age limit, but it is just followed by a few of the universities.
Let us try to look at basic and general detailed criteria for MBA eligibility, as followed:
CAT or CMAT are not compulsory exams that must be cleared for getting into MBA, whereas some universities conduct their own examination and students can attend those to get into some of the top MBA Universities as well.
NIRF Ranking is considered one of the best ranking facility providers for the institutions and universities around India. The topmost MBA College in India is IIM Ahmedabad. Some of the other Top MBA Colleges in India are as followed:
From an overall perspective and factors, IIM Ahmedabad is considered the top most college in India, where as it also provides the highest package amongst all the various colleges of around Rs. 70.00 LPA, amongst all the colleges in India.
The fees for the top 10-20 MBA Colleges in India range from Rs.15 lakhs to Rs.23 lakhs in the meantime.
Just like the government universities, some of the best private universities also provide a very specialized MBA course, so let us look into some of those as well for a wider aspect towards various colleges, that are as followed:
The Vellore Institute of Technology, Tamil Nadu is in the 12th position according to the NIRF Ranking with the highest package of Rs.39.5 LPA and considerably the best placement, among other private universities in India.
There are a few pre-set factors that determine the cutoff list for the MBA colleges such as the number of candidates appearing for the exam, the number of seats available, the difficulty level of the entrance examination, etc., and then a cutoff list is prepared.
For most of the best MBA Colleges, the cutoff varies from 95 to 99+ percentile and with a broader aspect, most of these colleges accept the CAT examination
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode are the top MBA Colleges.
Top MBA Colleges like IIM Ahmedabad, IIM Bangalore, IIM Calcutta, MDI Gurgaon, FMS Delhi, IIFT Delhi are give the Highest Package.
Fee For Top MBA Colleges like IIMs are 12 to 22 Lakhs and for top private colleges like MDI, Great Lakes, BIMTECH, SPJIMR are 15 to 22 Lakhs. MBA Colleges in India will cost between 03 to 22 Lakhs
Management Development Institute (MDI) Gurgaon, S. P. Jain Institute of Management and Research Mumbai, Symbiosis Institute of Business Management Pune, Birla Institute of Management Technology Greater Noida etc are top private colleges with best placement.
CAT is top & national level exam for MBA Admission but is not compulsory to take mba admission. Many Institute are conducting their own exam like SNAP, XAT, NMAT.