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    MBA Course

    What is MBA?

    MBA stands for Master of Business Administration. It is a 2-year postgraduate course that covers topics like Human Resources, Finance, Marketing, Organizational Behavior, Management Principles, Accounting, Business Communication, Business Law, Business Ethics, Supply Chain Management, Operations Management, Sales, and so on. To secure a seat in a reputed B-school, students may have to appear for different MBA entrance exams, such as CAT, MAT, XAT, NMAT, or CMAT followed by WAT, GD, and PI rounds.

    MBA subjects provide a student with in-depth knowledge about how using various logical and analytical methods can help a business manage its various resources such as Finance or HR. The course imparts and nurtures managerial and administrative skills in future business leaders and entrepreneurs. Aspirants of MBA can seek admission to regular, distance, or executive courses according to their convenience. Some of the top MBA colleges in India include IIM Bangalore, IIM Ahmedabad, IIM Lucknow, IIM Calcutta, and MDI Gurgaon. Most MBA colleges in India offer direct placements and jobs in prominent and well-established companies. The MBA fees in India generally range between INR 10 lakh and INR 25 lakh depending on the college one chooses. 

    Candidates scoring more than 50% in an undergraduate course can only apply for an MBA course. Getting an MBA degree can definitely make an individual competent enough to work at managerial levels and open doors to many career opportunities. From Marketing to Tourism and Healthcare, every sector offers a wide range of MBA jobs like Finance Manager, Marketing Manager, Media Planner, Product Manager, Sales Manager, and many more.

    MBA freshers can get a salary between INR 2-4 lakhs, depending on the specialization and the industry they are applying for. With an experience of 4-5 years, a professional can increase their earning potential and get a salary between INR 7-15 lakhs. The senior or executive level MBA jobs offer a salary package between INR 20-30 lakhs. Read further to know everything about an MBA course if you are interested in pursuing one.

    MBA Course Highlights

    Check out the significant highlights of the MBA course below.

    MBA Course Highlights
    Full FormMaster of Business Administration
    LevelPost Graduate
    Duration2 Years
    Exam TypeSemester
    Types of MBA CoursesFull-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA, Integrated MBA
    Top MBA Specialization in IndiaSales, Marketing, Finance, Human Resources, IT, Operations, Digital Marketing, Business Analytics
    MBA Admission ProcessEntrance Exam & Merit-Based (Private Colleges)
    Minimum Qualification RequirementBachelor's Degree
    Minimum Aggregate Required for MBA Admissions50-60%
    Top MBA Colleges in IndiaIIM Ahmedabad, IIM Indore, IIM Bangalore, FMS Delhi, IIM Calcutta, IIM Kozhikode, IIM Lucknow, SPJIMR Mumbai, XLRI, etc.
    MBA Fees in IndiaINR 10 to 25 Lakh
    Major MBA RecruitersAmazon, Citigroup, Deloitte, Apple, Bain & Company, Flipkart, Microsoft, Google, Tesla, LinkedIn, PepsiCo, Unilever, Nike, Ernst & Young, and Deutsche Bank.
    Average Starting MBA SalaryINR 5 to 22 Lakhs Per Annum

    Why Choose an MBA?

    MBA is an internationally acclaimed degree preferred by individuals who wish to gain knowledge of business practices. Every business requires well-qualified managers to deal with responsibilities related to business management and administration. One can acquire essential skills to lead a team and make deals that boost a company's success. Here are a few top reasons to choose an MBA:

    Developing Managerial Skills

    An MBA course develops business acumen and managerial skills in an individual. It prepares a candidate to perform various managerial duties in an organization as per his specialization. Moreover, an MBA degree instills communication, analytical, logical, comprehension, and various other crucial skills.

    Better Career Opportunities

    With a postgraduate degree in management from a well-recognized institute, one can find high-paying in some of the biggest organizations not just in India but abroad as well. Many working professionals pursue an MBA course to boost their careers and grab better career opportunities.

    Developing Leadership Skills

    With an MBA degree, one can acquire leadership roles in top companies across the world. It prepares a candidate to lead a team, convey his ideas clearly to the team members, make decisions that can impact hundreds of people, and keep the functioning and operations of the business intact.

    Entrepreneurial Skill Development

    An MBA course makes an individual well-versed in the management and administration of the business and various aspects of it within an organization. This enables him to understand how a business works and what contributes to its success; thus, preparing him for entrepreneurial roles and starting his own company.

    Lucrative Salary & Great Benefits

    MBA graduates from IIMs and other premier institutes never face a shortage of career opportunities with lucrative salaries and other benefits. MBA graduates are offered exceptional salary packages between 20-50 lakhs per annum. Through IIM placements, one can even get a package of 90 lakhs per annum and above.

    Global Exposure to Business and Economy

    Management is one of the most coveted sectors in the world, and professionals working in this sector are exposed to various kinds of business and economies of various nations. One can learn about the business administration and management techniques of various nations after completing an MBA degree successfully.

    Who Should Pursue an MBA?

    An MBA is essential for corporate executives who want to acquire improved communication and team-building abilities, new management strategies to prepare for roles with greater responsibility, and strategic thinking and critical analysis skills. These abilities will enable one to possess the managerial competence that an employer would require.

    • An MBA is a requirement for full-time executives who want to grow their professional networks, improve their critical knowledge and skills, advance their careers more rapidly, and make much more money.
    • People with outstanding leadership skills should pursue an MBA.
    • Anyone with at least two to three years of professional experience who intends to move up to a managing or administrative position must enroll in an MBA program.

    Types of MBA Courses

    An MBA is a flexible degree that everyone can pursue within their comfort. Traditionally, the MBA course was a two-year regular program. But now, there are multiple options like online and distance programs which are best suited for working professionals. Have a look at the types of MBA courses available.

    Type of MBA CourseDurationEligibilityFees (in INR)
    Full-Time MBA2 YearsGraduation in any discipline2 Lakh to 25 Lakh
    Part-time MBA2-4 YearsGraduation1 Lakh to 10 Lakh
    One Year MBA12-15 MonthsGraduation with 2-5+ years of experience10 Lakh to 40 Lakh
    Executive MBA1-2 YearsGraduation with 5-10 years of work experience10 Lakh to 45 Lakh
    Online MBA2 YearsGraduation40,000 to 2 Lakh
    Distance MBA2-4 YearsGraduation in any discipline30,000 to 2.5 Lakh
    Integrated MBA5 YearsMinimum aggregate score in 10+21 Lakh to 17 Lakh

    Now let's have a look at each type of MBA course in detail so that you can figure out which one is the right choice for you.

    Full-Time MBA Course

    • It is a regular two-year full-time course offered by most B-Schools in India.
    • The program is divided into 4 or 6 semesters depending on the MBA specialization and college.
    • Candidates can experience the classroom environment for theory classes, internships, and projects from practical knowledge.
    • The approximate MBA course fee for any two-year full-time course starts from INR 2 Lakhs and may exceed up to INR 25 Lakh, annually.
    • The full-time MBA course fee of the top three IIMs (Ahmedabad, Bangalore, and Calcutta) is around Rs 23 lakh.

    Part-Time MBA Course

    • The MBA Part-time program is the best program for working professionals as it is not a residential program.
    • Anyone who wishes to improve their managerial skills can opt for this program.
    • Many private and government colleges offer MBA Part-time courses.
    • The annual MBA course fee may range from INR 1 lakh to 10 lahks approximately.
    • The MBA syllabus is slightly different from that of the regular course.

    One-Year MBA Course

    • One-year MBA is a globally recognized MBA program with a duration of 12-15 months.
    • It is a full-time residential MBA program offered at a fast pace with most of the ingredients of a two-year MBA.
    • This course provides students with the same solid foundation in key Management concepts and disciplines as a regular MBA.
    • The program is generally meant for candidates with work experience of 2 to 5+ years.
    • The top three IIMs, (IIM A, B & C) offer one-year, full-time, residential MBA Equivalent programs to candidates with 5+ work experience.
    • The fee of 1 year MBA courses is generally high as compared to two-year MBAs. It can be between Rs 10 to 40 lakhs, depending on the college.

    Executive MBA Course

    • The executive MBA course is designed for working professionals with five or more years of work experience.
    • The course curriculum of executive MBA is similar to that of the full-time MBA program, but with a shorter duration.
    • The classes are not conducted on a regular basis. The entire program is completed within a 15-19 months duration.
    • The MBA syllabus may not be identical to the MBA syllabus for regular courses.
    • The annual course fees of an executive MBA are marginally higher than other MBA courses. The annual course fees of an executive MBA subject may range from INR 10 lakh to 45 lahks.
    • Many organizations that seek their employees to pursue executive MBA subjects bear the tuition fees.

    Online MBA Course

    • This is the most popular MBA course that most candidates opt for to get a degree from the comfort of their homes.
    • The classes are conducted online and the projects must be submitted online.
    • The MBA course curriculum is designed specially to ensure that the candidates grasp the core values of the course and also develop the necessary skills.
    • Candidates will be given assignments on a regular basis that need to be completed.
    • The admissions are also conducted online through an online application form.
    • Candidates can take admissions from any city to any desired college around the country.
    • Recorded lectures are also available for the candidates.
    • The annual course fees for online MBA start from INR 40,000 to INR 2 lakhs, approximately.

    Distance MBA Course

    • Candidates can also pursue distance or correspondence MBA courses which are quite affordable and flexible in terms of duration.
    • Candidates will have the liberty to complete the course between 2 to 5 years.
    • Many renowned MBA Colleges in India offer a distance MBA program.
    • Both private colleges and Government colleges offer distance MBA courses.
    • The distance MBA course fee starts from INR 30,000 to INR 2.5 lakhs, depending on the institute.

    Integrated MBA Course

    • The integrated MBA course is for students who have just passed Class 12th.
    • It is a 5-year program where candidates will pursue the graduation level as well as post-graduation level courses.
    • The MBA syllabus for the MBA Integrated course is completely different.
    • Students can either opt for BBA/B.Tech/BA/BSc+MBA subject course.
    • The annual MBA course fees start from INR 1 to INR 17 lakhs.
    • Right after graduation, students can easily get MBA jobs in the private and public sectors.

    List of Popular MBA Specializations

    MBA provides more than 50 courses and specializations, spread across various industries. Based on the interest of the candidate, they can choose a career path best suited for them. The MBA syllabus for all the specializations is different. So, candidates must check out the MBA syllabus and according to their interests apply accordingly. Some candidates choose their MBA specializations first and then an  MBA college. Meanwhile, others choose the college first and accordingly choose their MBA specialization. Take a look at the table below to know about some of the most preferred MBA specializations available in India:

    Also Read: MBA vs MCom: Which is Better?

    MBA Course Syllabus

    An MBA is an extensive course, comprising a wide range of subjects. In a 2-year MBA program, students study core subjects like Marketing, Organizational Behavior, Principles of Management, Entrepreneurship, and Business Law, among others. The MBA course syllabus for the first two semesters is the same for all MBA specializations. The third and fourth semesters contain subjects related to the specialization chosen by the candidate.

    Semester Subjects
    Semester 1
    • Business Communication
    • Financial Accounting
    • Human Resource Management
    • Information Technology Management
    • Managerial Economics
    • Marketing Management
    • Organizational Behaviour
    • Quantitative Methods
    Semester 2
    • Economic Environment of Business
    • Financial Management
    • Management Accounting
    • Management of Information System
    • Management Science
    • Marketing Research
    • Organization Effectiveness & Change
    • Production & Operations Management
    Semester 3
    • Business Ethics & Corporate Social Responsibility
    • Legal Environment of Business
    • Strategic Analysis
    • Elective Course
    Semester 4
    • International Business Environment
    • Project Study
    • Strategic Management
    • Elective Course

    MBA Syllabus for Different Specializations

    An MBA prepares students for an executive career as business leaders. One can develop highly valuable skills like strategic thinking and people management and enhance one's professional career even more with a specialization in one of the areas. Here are the top MBA specializations to consider pursuing.

    MBA Specialization MBA Syllabus
    • Security Analysis & Investment Management
    • Project Planning, Analysis & Management
    • Quantitative Analysis of Financial Decisions
    • Financial Derivatives
    • International Financial Management
    • Fixed Income Securities
    • Portfolio Management
    • Risk Management
    • Management Control System
    • Corporate Governance
    • Management of Financial Services
    • Financial Reporting
    • Corporate Taxation    
    • Advertising Management
    • Analytical Marketing
    • Consumer Behaviour
    • Brand Management
    • Competitive Marketing
    • Retailing Management
    • SalesForce Management
    • Internet Marketing
    • Business Marketing
    • Marketing Channel
    • Sales Promotion Management
    • Advanced Research Techniques in Marketing
    • Service Marketing    
    Organizational Behavior & Human Resource Management
    • Management of Industrial Relations
    • Counseling Skills for Managers
    • Manpower Development for Technological Change
    • Managing Diversity
    • Human Resource Planning and Development
    • Human Resource Development: Strategies & Systems
    • Performance Management
    • Negotiation, Persuasion & Social Influence Skills
    • Cross-Cultural and Global Management
    • Personal Power & Leadership through Asian Values
    • Managing Interpersonal and Group Processes
    • Compensation Management
    • Training and Development
    • Leadership, Power, and Politics
    Production and Operations Management
    • Advanced Operations Management
    • Decision Models and Optimization
    • Total Quality Management
    • Production Planning and Control
    • Operations Strategy
    • Quantitative Analysis of Risk and Uncertainty
    • Operations Research
    • Supply Chain Management
    • Modelling in Supply Chain Management
    • Technology, Innovation, and New Product Management
    • Environment and Safety Management
    • Entrepreneurial Management
    • Family Business & Entrepreneurship
    • Social Entrepreneurship
    • Managing the Growing Business
    • Entrepreneurship, Creativity & Innovation
    • Financing the Entrepreneurial Business
    IT Management
    • Business Process Re-Engineering
    • Network Operations, Management & Security
    • Managing E-Business
    • Strategic Management of Information Technology
    • System Analysis and Design
    • Managing IT-Enabled Services
    • Database Management Systems
    • Knowledge Management
    • Business Intelligence     
    Services Management
    • Management of NGOs
    • Hospitality Operations Management
    • Transportation Management
    • Service Operations Management
    • Tourism Marketing
    • Airport Management
    • Hospitality Marketing
    • Total Service Quality Management
    • Civil Aviation Management    

    MBA Eligibility Criteria

    MBA admissions into most of the B-Schools in India are conducted on the basis of a candidate's score in national, state, and university/institute-level entrance exams. However, some private MBA colleges offer direct admissions on the basis of academic background. The eligibility criteria for the MBA course vary as per college. A few common requisites are given below:

    • General category candidates should have a bachelor's degree in any stream with a minimum of 50% marks or equivalent CGPA from a UGC-recognized board or equivalent recognition from MHRD.
    • Students belonging to the SC/ST/PwD category need to have a minimum of 45% marks to qualify for any MBA entrance test.
    • Final year UG students can also apply for the entrance exams or admission. However, the application is subject to the results. If the candidate does not score the minimum aggregate, the application will be canceled.
    • Candidates should have valid scores on MBA entrance exams such as CAT, MAT, XAT, SNAP, NMAT, CMAT, etc.
    • Candidates opting through the reserved category must provide valid documents at the time of filing the examination form.
    • Working professionals may also apply, but they must be capable of producing valid documents to prove their employment, whenever asked. If any candidate fails to produce the necessary documents, the candidature will not be considered.

    MBA Entrance Exams

    Getting admission into one of the top MBA colleges is not a cakewalk. From fulfilling the basic eligibility criteria to qualifying for the entrance exam and finally meeting the selection requirements, a candidate has to go through a series of processes to get an MBA seat in a reputed B-School. Most of the management colleges in India offer admission to students on the basis of their scores in the entrance exams. Below we have mentioned some of the top national, state, and university-level entrance exams one needs to qualify for to make a cut into the MBA colleges.

    Top National-Level MBA Entrance Exams in India

    Exam Short NameExam Full NameConducting BodyFrequency
    CATCommon Admission TestIndian Institutes of Management (IIMs)Once a year
    GMATGraduate Management Aptitude TestGraduate Management Admission Council (GMAC)All around the year
    ATMAAIMS Test for Management AdmissionsAssociation of Indian Management Schools (AIMS)4-5 times a year
    MATManagement Aptitude TestAll India Management Association (AIMA)Multiple times a year
    CMATCommon Management Admission TestNational Testing Agency (NTA)Once a year
    XATXavier Aptitude TestXLRI, JamshedpurOnce a year
    NMAT by GMACNMIMS Management Aptitude TestGraduate Management Admission Council (GMAC)Once a year (74-day test window)
    SNAPSymbiosis National Aptitude TestSymbiosis International (Deemed) University (SIU)Once a year
    IIFTIndian Institute of Foreign Trade ExamNational Testing Agency (NTA)Once a year
    IBSATICFAI Business School Aptitude TestIFHE, HyderabadOnce a year

    Top State-Level MBA Entrance Exams in India

    Exam Short NameExam Full NameConducting BodyFrequency
    MAH MBA CETMaharashtra Common Entrance TestState Common Entrance Test Cell, MaharashtraOnce a year
    TS ICETTelangana State Integrated Common Entrance TestKakatiya University, WarangalOnce a year
    AP ICETAndhra Pradesh Integrated Common Entrance TestSri Venkateshwara University, TirupatiOnce a year
    TANCETTamil Nadu Common Entrance TestAnna University, ChennaiOnce a year
    KMATKarnataka Management Aptitude TestKarnataka Post Graduate Private Colleges' Association (KPPGCA)Once a year
    OJEEOdisha Joint Entrance ExaminationOJEE Board (OJEEB)Once a year

    Top University-Level MBA Entrance Exams in India

    Exam Short NameExam Full NameConducting BodyFrequency
    TISSNETTata Institute of Social Sciences National Entrance TestTISS MumbaiOnce a year
    MICATMudra Institute of Communications Admission TestMICA, AhmedabadTwice a year
    IPU CETIndraprastha University Common Entrance TestGuru Gobind Singh Indraprastha UniversityOnce a year
    JMI Entrance ExamJamia Millia Islamia Entrance ExamJamia Millia Islamia UniversityOnce a year
    SRMJEEMSRM Joint Entrance Exam for ManagementSRM UniversityMultiple times a year
    KIITEE ManagementKalinga Institute of Industrial Technology Entrance Exam for ManagementKIIT School of ManagementOnce a year
    UPESMETUPES Management Entrance TestUniversity of Petroleum and Energy Studies, DehradunMultiple times a year

    How to Get Admission for MBA?

    To get admission into any of the top MBA colleges in India, one has to undergo several rounds of the selection process. Candidates must ensure to fulfill all the requirements in each round to make it to the final list for admission. Here is the stage that every candidate must go through to seek admission into an MBA course:

    Stage 1: Apply for the Entrance Exam

    Even before choosing a college, candidates will have to appear for any of the entrance exams listed above. Also, they may look at the requirements of the colleges they wish to study in and accordingly prepare for the entrance exams. To appear for the entrance exams, merely, candidates will have to meet the minimum eligibility criteria for each entrance exam. Most MBA Entrance exams allow candidates with 50% aggregate marks in Bachelor’s degree (5% relaxation for reserved categories).

    Stage 2: Appear for the Entrance Exam

    CAT is one of the most popular and toughest entrance exams with over 2 lakh applicants every year. With a valid CAT score, you can get MBA admission in IIMs and most of the colleges in India. Most students seeking admission into B-schools start preparing for the CAT exam a year before the exam date to ensure they qualify for it. The score of other entrance exams like MAT, ATMA, CMAT, and XAT are also accepted by many management institutes in the country. You can appear for any entrance exam depending on the college you are targeting.

    Stage 3: Qualify for the Entrance Exams

    Then, the next step is that candidates will have to wait for the results. All entrance exams have different ways of calculating the marks. Some consider the marks scored, and some consider the percentile. So, make sure to check the rules of the exam. Qualifying for the entrance exam doesn’t guarantee admission into the college of your voice. You need to meet the minimum cutoff and selection criteria defined by an individual college.

    Stage 4: Participate in the Counselling/Selection Process

    Candidates meeting the cutoff must then apply for the MBA course admission process to the college/institute. A Centralized Admission Process (CAP) is organized to select candidates for final admission. Students need to register to take part in the counselling and fulfill all the requirements. Anyone who does not meet the cutoff and still applies will not be considered. One must remember that entrance exam scores for most exams are valid for one year only.

    Stage 5: Shortlisting of Candidates for the GD/PI Rounds

    Based on the entrance exam scores, candidates are shortlisted and called for group discussions, written ability tests, or personal interview rounds. MBA colleges accepting direct admissions, on a merit basis also conduct personal interview rounds. Candidates must appear for this round of the selection process. Make sure you are well prepared for such rounds as they are conducted to evaluate your overall personality and communication skills. No matter how high your score is in the entrance exam if you can’t speak or interact confidently in GD/PI rounds, you might lose your chances of getting an MBA seat.

    Stage 7: Declaration of the Final Merit List and Waiting List

    After evaluating the candidate on the parameters, entrance exam scores, GD/PI performance, academic performance, and work experience (if any), the final list of selected candidates will be declared. Candidates who have been allocated a seat in the MBA college will be required to do the reporting (offline or online) and pay the admission fees. Simultaneously, the waiting list of candidates will also be declared. If there are any vacant seats or availability, candidates from the waiting list will be admitted.

    Also Read: MBA Admission Process 2023

    State-Wise MBA Admissions

    The MBA admissions for colleges across the country follow the same process. However, there are some minor changes in the admissions process for the MBA course state-wise. Here are the details of the state-wise MBA admission process in India:

    MBA Admissions in Delhi

    The MBA colleges in Delhi accept the entrance exams conducted at the national level such as CAT, MAT, CMAT, etc. However, some colleges in the Delhi NCR area such as Jamia Milia Islamia and the Indian Institute of Foreign Trade (IIFT) conduct their own entrance exams for the admission process. Some colleges also accept GMAT scores for admissions. There are no state-level entrance exams conducted by the state government of Delhi. Candidates will have to appear for the national-level entrance exams based on the colleges they prefer to get admission to. 

    MBA Admissions in Maharashtra

    Popular destinations to pursue an MBA course in Maharashtra are Mumbai and Pune. Mumbai is known as the economic hub of the country. Hence, there is cut-throat competition for MBA admissions in Maharastra. Colleges in Maharashtra accept the national-level entrance exams for admissions. Directorate of Technical Education, Maharastra conducts a state-level entrance known as the MAH MBA CET. 70-80% of colleges in Mumbai accept MAH MBA CET exam scores for admission. Also, some institutes conduct their own entrance exams such as the TISSNET exam, NMAT by GMAC, etc. Candidates must check the requirement of the college before applying for it.

    MBA Admissions in Telangana

    Candidates are shortlisted for admission to MBA colleges in Telangana through national-level entrance exams or the state-level entrance exam. The state authority conducts, the TS ICET exams annually for admissions to the management courses available at the colleges in Telangana. The state-level entrance exams are usually conducted in August. Qualified candidates have to go through the selection process of the particular college for MBA admission.

    MBA Admissions in Andhra Pradesh

    One can get MBA admissions in Andhra Pradesh by qualifying for national or state-level entrance tests. CAT is widely accepted as a national entrance exam score in almost every college. Most of the B-Schools in the state accept the score of AP ICET (Andhra Pradesh Integrated Common Entrance Test), a state-level exam conducted by Andhra University on behalf of APSCHE. Candidates who have a valid scorecard for these exams and fulfill the eligibility criteria for admission are called for counseling and further allotted seats on the basis of the final merit list and choices filled.

    MBA Admissions in Karnataka

    Graduates from all around the country prefer to pursue an MBA degree from Bangalore as it is one of the famous MBA destinations in India. Bangalore has some of the best MBA colleges in India. Colleges in Karnataka accept national-level entrance exam scores or state-level KMAT exam scores as the first stage of the selection process. However, some private colleges also accept direct admissions based on previous education records. Candidates must thoroughly check the official website and brochure of the colleges before applying. 

    MBA Admissions in West Bengal

    MBA colleges in West Bengal take admissions based on national-level entrance exams. Most colleges accept CAT and MAT entrance exam scores. Meanwhile, some other colleges in West Bengal accept state-level entrance exam JEMAT scores. Also, some private colleges in West Bengal directly admit candidates based on their previous performances.

    Top MBA Colleges in India

    Pursuing an MBA course is no longer a far-fetched dream. There are numerous MBA colleges/institutes in India that offer the best education with lucrative placements and great ROI. Candidates can seek admission to the top MBA colleges in India to improve their future prospects. 

    Top Govt. MBA Colleges in India

    Here are the top 10 MBA colleges in India (government) with their NIRF ranking and fees:

    CollegeLocationNIRF 2022 RankingFee (approx. in INR
    Indian Institute of Management Ahmedabad (IIMA)Ahmedabad, Gujarat123,00,000
    Indian Institute of Management Bangalore (IIMB)Bangalore, Karnataka223,20,000
    Indian Institute of Management Calcutta (IIMC)Kolkata, West Bengal322,60,000
    Indian Institute of Technology Delhi (IITD)Delhi48,80,000
    Indian Institute of Management Kozhikode (IIMK)Kozhikode, Kerala519,00,000
    Indian Institute of Management Lucknow (IIML)Lucknow, Uttar Pradesh619,25,000
    Indian Institute of Management Indore (IIMIIDR)Indore, Madhya Pradesh716,50,000
    Indian Institute of Technology Madras (IIT Madras)Chennai108, 00, 000
    Indian Institute of Technology Bombay (IITB)Mumbai, Maharashtra118,27,000
    Indian Institute of Technology Kharagpur (IITK)Kharagpur, West Bengal129,22,400

    Top Private MBA Colleges in India

    Here are some of the top-in-line private MBA colleges in India that offer the best ROI, placements, and education to students with both theoretical and practical knowledge. Also, the MBA course fees of the colleges are listed below:

    CollegeLocationNIRF 2022 RankingPGP / MBA Fee (approx. in INR)
    Xavier Labour Relations Institute (XLRI)Jamshedpur, Jharkhand811,80,000
    Management Development Institute (MDI)Gurugram, Haryana1320,86,670
    Symbiosis Institute of Business Management (SIBM)Pune, Maharashtra1720,50,000
    S P Jain Institute of Management and Research (SPJIMR)Mumbai, Maharashtra2119,00,000
    Great Lakes Institute of Management (GLIM)Chennai, Tamil Nadu3117,25,000
    SVKM's Narsee Monjee Institute of Management Studies (NMIMS)Mumbai, Maharashtra2517,50,000
    T. A. Pai Management Institute (TAPMI)Manipal, Karnataka3814,30,000
    International Management Institute (IMI)New Delhi5917,15,000
    Xavier Institute of Management (XIMB)Bhubaneswar, Odisha3512,00,000 - 16,90,000
    Kalinga Institute of Industrial Technology (KIIT)Bhubaneswar, Odisha4813,60,000

    List of MBA Colleges Accepting Scores of Various Entrance Exams

    Check the list of various MBA colleges in India that accept scores of different entrance exams in the table below.

    Top MBA Colleges by State & City

    MBA courses in India are offered by more than 5,000 MBA colleges (government and private) in a variety of specializations. Out of these B-schools in India, a few are rated and ranked in the top MBA colleges in India on the basis of pedagogy, infrastructure, placement opportunities, and more. MBA aspirants seeking admission can check out the list of top MBA colleges by state and city provided below.

    State-Wise List of MBA Colleges in India

    City-Wise List of MBA Colleges in India

    Placements at Top MBA Colleges in India

    One of the primary reasons why students wish to pursue an MBA is to receive a lucrative job opportunity at the end of their MBA course. The credibility of a good MBA college is judged by various factors, one of the most important of which is the placement opportunities offered. The ROI or Return on Investment is a crucial parameter that MBA aspirants must take into consideration when choosing an MBA college. ROI is simply the comparison between the average MBA fees and the average placement package offered by a B-school. Given below are some of the top MBA colleges in India in terms of ROI. Candidates should check them out before applying for MBA admissions.

    Name of the MBA InstituteMHRD-NIRF Ranking 2022Average CTC 2022 (INR)
    Indian Institute of Management, Ahmedabad132.79 LPA
    Indian Institute of Management, Bangalore233.82 LPA
    Indian Institute of Management, Calcutta334.2 LPA
    Indian Institute of Technology, Delhi - DMS421.9 LPA
    Indian Institute of Management, Kozhikode529.5 LPA
    Indian Institute of Management, Lucknow631.03 LPA
    Indian Institute of Management, Indore725.01 LPA
    XLRI, Jamshedpur832.7 LPA
    National Institute of Industrial Engineering (NITIE), Mumbai925.4 LPA
    Indian Institute of Technology, Madras - DOMS1016.66 LPA
    Indian Institute of Technology, Bombay - SJMSOM1125.9 LPA
    Indian Institute of Technology, Kharagpur - VGSOM1218.44 LPA
    MDI Gurgaon1326.65 LPA
    Indian Institute of Management, Raipur1417.73 LPA
    Indian Institute of Management, Ranchi1516.17 LPA
    Indian Institute of Management, Rohtak1618.73 LPA
    Symbiosis Institute of Business Management, Pune1723.06 LPA
    Indian Institute of Management, Trichy1817.01 LPA
    Indian Institute of Technology, Roorkee - DOMS1917.64 LPA
    Indian Institute of Technology, Kanpur2028.7 LPA
    S. P. Jain Institute of Management & Research, Mumbai2132.06 LPA
    Indian Institute of Management, Udaipur2217.5 LPA
    Indian Institute of Management, Kashipur2315.21 LPA
    Indian Institute of Foreign Trade, Delhi2429.1 LPA
    SVKM’s Narsee Monjee Institute of Management Studies, Mumbai2523.07 LPA
    Indian Institute of Management, Shillong2623.10 LPA
    Amrita Vishwa Vidyapeetham, Coimbatore276.72 LPA
    Amity University, Gautam Budh Nagar285 LPA
    Jamia Millia Islamia, New Delhi299 LPA
    International Management Institute, Delhi3015.28 LPA

    MBA Fees

    The course fee for an MBA in India differs from private to government or public colleges. However, candidates may expect to spend a minimum of INR 20,000 to INR 40 Lakh annually for MBA. There are multiple factors that affect MBA fees. Although government colleges are quite pocket-friendly, private colleges are expensive. Here is a list of colleges with their MBA fees:

     Name of the CollegeMBA Fees (Approximately)
    IIM Ahmedabad Course FeeINR 32,00,000
    IIM Bangalore Course FeeINR  23,00,000
    IIM Calcutta Course FeeINR 31,00,000
    IIM Lucknow Course FeeINR 20,10,000
    IIM Udaipur Course FeeINR 21,00,000
    IIM Ranchi Course FeeINR 17,60,000
    IIT Kharagpur Course FeeINR 1,64,000
    IIT Delhi Course FeeINR 10,24,000
    FMS Delhi Course FeeINR1,92,000 (for 2 years)
    NITIE Mumbai Course FeeINR 14,60,000
    IIFT New Delhi Course FeeINR 18,78,000
    Symbiosis Pune Course FeeINR 5,60,000
    MDI Gurgoan Course FeeINR 18,86,000
    Narsee Monjee Mumbai Course FeeINR 6,44,000
    XLRI Jamshedpur Course FeeINR 26,80,000
    SP Jain Mumbai Course FeeINR 21,42,000
    IIT Roorkee Course FeeINR 4,28,000
    IIT Bombay Course FeeINR 1,00,000
    IIT Madras Course FeeINR 4,10,000
    GLIM Chennai Course FeeINR 17,10,000

    MBA Scope in India

    Being an MBA graduate in India has great scope. Immediately after graduating, there are high possibilities to bag the best jobs. With 10-19 years of experience, any candidate can easily get a salary of INR 14,00,000 LPA undoubtedly. With 20 or more years of experience, an MBA in India can easily get senior-level jobs. A senior-level job in Management offers posts such as Director, Vice president, and Senior Director. The MBA salaries offered in these posts can wind up to INR 25 Lakhs Per Annum or more without any upper limit. 

    MBA jobs are available in the private, government, and public sectors. From Marketing to Tourism and Healthcare, every sector offers a wide range of MBA jobs for graduates at junior, senior, and executive levels. MBA jobs can be highly rewarding and satisfactory, especially if you are top B-school alumni. If not for college placements, with the right skill set, candidates can easily get jobs in the top companies and organizations. Depending upon the specialization, skills, and knowledge, a candidate can attract lucrative job options after MBA that offer high salary packages and other great benefits.

    MBA Career Options and Job Prospects

    MBA is a highly skilled degree and opens up various opportunities for candidates. From working in the private, public, or government sectors to venturing out to become an entrepreneur, an MBA course goes a long way toward shaping your career.  

    Career prospects after MBA are varied. Depending upon the B-school a candidate has graduated from, the job prospects differ. Top B-schools in India such as the Indian Institute of Management(s) have the best placement strategies in place, and more often than not, their students are usually in the best place in the industry. Immediately after the MBA course, candidates may seek placement in the best job sector.

    Candidates can check the type of job profiles available for MBA graduates from the table provided below.

    Employment AreasJob Types
    BanksAccount Manager, Administrative Officer, Human Resource Manager, Marketing Manager, Card Payments Operations Head, Vice President - Investment Banking
    Brand & MarketingBrand Manager, IT Services Marketing Head, Marketing Manager
    Business ConsultanciesHuman Resource Manager, Management Consultant 
    Educational InstitutesTrainer, Administrative Officer
    Financial OrganizationsRecruitment Manager, Administrative Officer, Equity Research Analyst, Human Resource Manager
    Industrial HousesHR Generalist Business Partner, Zonal Business Manager, Project Manager, Administrative Officer, Finance Manager, Marketing Manager
    Multinational CompaniesLobbyist/Organizer, Recruitment Manager 
    Personal BusinessEntrepreneur
    Public WorksResearch and Development Manager, Labour Management Relations Specialist 
    Tourism IndustryHuman Resource Managers, Administrative Officer 

    Top Recruiters for MBA Graduates

    Almost every company requires skilled managers to manage all their activities. Some of the major recruiters available for MBA graduates are provided below. 

    DeloitteITCTataSaint Gobain
    HDFCLarsen & ToubroMicrolandGAR
    ICICI BankEXLAccentureInfosys
    JP Morgan Chase & Co.HSBCAmazonPidilite
    MahindraGoldman SachsWiproCredit Suisse
    McKinsey & CompanyNestleAditya Birla GroupCipla
    PWCPhilipsAsian PaintsMcKinsey&Company

    What is MBA Salary?

    MBA is a well-respected and in-demand course. Any MBA graduate can easily get a respectable job with a handsome salary package. Most MBA colleges offer direct placements with high-end salary job profiles and salary packages. An MBA salary in India, despite an MBA government salary or MBA private salary, is considered handsome. 

    However, the starting average salary of MBA graduates in India ranges from Rs. 7 Lakh to Rs. 12 Lakh per annum. If you have studied at an Ivy League B-School in India, it can start from Rs. 15 Lakh per annum. Mid-level salary ranges from between Rs. 15 Lakh to Rs. 24 Lakh per annum. Senior-level salary ranges above Rs. 20 Lakhs per annum.

    Average Salary in MBA Marketing Management

    Job ProfileSalary in India
    Senior Marketing ManagerRs 1,342,969
    Marketing ManagerRs 685,280
    Senior Business AnalystRs 994,494
    Business Development ManagerRs 597,879
    Business Development ExecutiveRs 299,907
    Area Sales ManagerRs 609,533
    Project ManagerRs 1,263,774

    Average Salary in MBA Human Resources

    Job PositionAverage Salary
    Human Resources ManagerRs 7,05,853
    Senior Human Resources ConsultantRs 11,64,803
    HR Operations ManagerRs 8,74,286
    Employee Relations ManagerRs 7,32,503

    Average Salary in MBA Finance 

    Job PositionAverage Salary
    Accounting ManagerRs 7,10,360
    Credit ManagersRs 5,80,576
    Financial AnalystRs 4,12,339
    Corporate ControllersRs 12,24,490

    Average Salary in MBA Logistics and Supply Chain Management

    Job PositionAverage Salary
    Logistics OfficerRs 4,36,344
    Logistics SupervisorRs 2,56,529
    Logistic ManagerRs 6,06,122
    Supply Chain CoordinatorRs 3,97,561

    Average Salary in MBA Information Technology

    Job PositionAverage Salary
    Project ManagerRs 12,44,457
    Business Development ManagerRs 5,98,910
    Marketing ManagerRs 6,90,763
    System ManagerRs 8,81,633

    Also Read: List of Government Jobs after MBA

    Study MBA Abroad

    Studying MBA abroad is possible. But it requires the candidates to take a slightly different route for the preparation process. Instead of appearing for the national-level entrance exams, candidates will have to appear for Graduate Management Aptitude Test (GMAT). Based on the country the candidate is seeking admission, they will have to either appear for the International English Language Testing System (IELTS), or Test of English as a Foreign Language (TOEFL). Candidates qualifying the minimum requirements of the colleges and universities along with the GMAT or TOEFL scores or GMAT+IELTS scores will be considered for admissions.

    Most candidates from India travel to the USA, UK, Germany, New Zealand, or Australia for MBA subject education. This selection is made considering various factors. Candidates may also opt to go to other countries to pursue MBA courses. There is no limitation to it.

    Top MBA Colleges Abroad

    Pursuing MBA from a top college abroad opens opportunities to work in higher management roles in top international companies. Here are a few top MBA colleges abroad you may consider for admission:

    Name of the CollegeCountry Located in
    Harvard Business School USA
    University of OxfordUK
    Standford Graduate School of BusinessUSA
    Penn (Wharton)USA
    HEC (Paris) Canada
    MIT SloanUSA
    London Business SchoolUK
    IE Business School Spain
    Columbia Business School UK
    IESE Business SchoolSpain
    University of East LondonUK
    University Canada WestCanada
    University of WaikatoNew Zealand
    University of AlbertaCanada
    University of TorontoCanada
    Dublin Business SchoolIreland

    Required Skillset for MBA

    MBA is a course, which requires the complete dedication of the candidate. One must be ready to accept the hardships that come with it. Candidates must have these sets of skills to be qualified as an MBA graduate. It is always better if the candidate already has the skills. If not, pursuing MBA will motivate and inculcate these skills:


    Studying for an MBA brings the candidate the resources to build leadership skills. It enables the person to act as a leader for the team members. The person must be capable of motivating and inspiring the members of the group. They must have firm confidence in themselves and in the work. It is best to gain expertise in the area to be able to lead the team.


    Another important skill that is very necessary is communication. MBA job requires the candidate to meet and communicate with lots of new people on different matters. They must be able to handle each person in the way required. Candidates must be able to put across their ideas in an innovative and understanding way. Also while submitting any proposal or information, they must be able to handle the responsibility of it.

    Critical Thinking

    Candidates must be aware of the good and bad for the team. They must have the potential to think through the matter and make a decision best for the team. The MBA syllabus includes this as an integral part. Additionally, instead of fixating on personal gain, they must focus on the big picture and work accordingly. Also, an MBA graduate must be ready to accept positive and negative feedback and implement it in the best way possible.


    Innovative ideas, ventures, and practices must be implemented. Candidates must be ready to accept fresh angles and viewpoints. 


    Instead of working like a boss, one must always act as a leader and work with the team. A good leader always prioritizes the team before personal gains. And the best strategy to build better results is always teamwork.


    Always is flexible with changes. Being adamant and continuing with old methods will never help to grow. Being flexible, and adapting to new methods, and technology will always help to grow. To build the bridge over the growing business industry, flexibility is the key.


    Once you start the journey in the business world, it is not easy to look back. Although the business world is harsh and difficult to climb the ladder of success. But giving up or quitting cannot be an option. Candidates must be resilient and continue to push back and fight through the hardships to build a stable career.

    Self Awareness

    Being self-aware of one's strengths and weaknesses is important. It helps to think about the best ways to use the strengths and improve the weaknesses. It will help to build confidence.


    Honesty towards one's own work and responsibilities is another aspect that an MBA aspirant must possess. While leading a group of team members, if the candidate is not honest with the team, it can lead to havoc. Being integral is equally important as the other skills.

    Also Read: How to Build Your Profile for MBA Admissions?

    FAQs about Masters of Business Administration

    Which is better: MBA from the IITs or the newer IIMs?

    Although IITs are the elite engineering institutes in India; their brand value in the field of management is catching up fast. Earlier, SJMSOM, IIT Bombay and DMS, IIT Delhi offered MBA admission to only those with an engineering background. But today, any graduate student can apply for an MBA. IIT Bombay and IIT Delhi are ranked among the top 200 universities (overall category) in the world. So, if you get selected in these institutes, then it is a better choice over New IIMs for an MBA. However, apart from IIT Bombay and IIT Delhi, new IIMs are much better B-Schools than the rest of the IITs. At present, new IIMs are growing at a much faster pace. IIM Udaipur has entered into FT MiM 2022 Ranking; while any IIT B-School is yet to debut.

    What are the different job profiles offered at top MBA colleges like IIMs, ISB, XLRI, and FMS?

    An MBA from an IIM, XLRI, or FMS is a prominent and reputed degree that is recognized internationally. MBA graduates from such top B-Schools are offered lucrative job opportunities in various sectors, depending on their specializations. These colleges have tie-ups with top companies and offer great placement opportunities to students. The different job profiles are:

    • Marketing Manager
    • Management Consultant
    • Investment Banker
    • Business Analyst
    • Financial Advisor
    • Administrative managers
    • Human Resource Manager
    • Product Manager
    • Operations Manager

    How can an MBA course improve my career prospects?

    With an MBA degree, one gets practical business knowledge and acquires entrepreneurial and communication skills. An MBA can bring a significant increment in your salary and open the way for lucrative career opportunities in top corporations.


    How much does professional experience weigh in MBA admission process?

    It is not necessary to have professional experience for admission into regular MBA programs. A candidate needs to have a valid score of accepted entrance exams and satisfy the educational requirements. However, students with professional experience are given priority since a career in business and their current employment with managerial responsibilities are essential parts of the application. For Executive MBA programs, a candidate must have a working experience of 5 years or more.


    How to decide which MBA course is most suitable for me?

    Based on your career requirements and how intensive and detailed you want your degree to be during the upcoming 18 to 24 months, you can select an MBA course. If you want to have classroom experience and gain practical training and industry exposure, you can get enrolled in a full-time MBA program. You can select distance learning options, online MBA programs, or a part-time course if you can't dedicate too much time due to work or other responsibilities. Executive MBA programs are great for working professionals if they are looking to advance their careers and increase their earning potential.

    Show More

    Related Questions

    How is Alliance University for MBA?
    -suraj -Updated on Feb-28-20235 Answers

    riya, Student / Alumni

    As a student of LPU, I am the better person from which you can take suggestion about this topic. In lovely professional university, administration, management is having great ranking and placements. Even you can visit the website to check the same. • Fees: programme fees per sem is 80000 and scholarships are also there like on the basis of LPUNEST, Qualifying exams, innovation, start-up, entrepreneurship, sports, co-curriculum, R&D, Social service, bravery. • Ranking: University ranked 23rd by world university ranking amongst top university of India (both government and private), 2nd in business and economics, 6th in engineering, 8th in clinical and health, 9th in computer science, 12th in life sciences. • Placement: there are 2000+ recruiter hired LPU students, 1000+ companies offering 5 lac CTC and above, Rs.1.6lacs internship stipend per month, in BBA 21lacs highest salary package is offered, Rs. 6.37lacs average salary package is offered and highest internship stipend per month is 65k. • Related programme: there are related programme in BBA which students also opt like BBA Hons., tie-up programme in international finance, financial markets and special specialization programme in airlines and airport management, tourism and hospitality. Wishing you good luck
    Without entrance I want to take admission in MBA.
    -Anjali -Updated on Feb-23-202314 Answers

    rubina, Student / Alumni

    Being a student of LPU, I have information about LPU courses and i am sharing with you all. LPU has considered one of the best private universities for MBA . The Mittal school of business is one of the best B- schools of India. LPU has been ranked among the top 25 institutions in India for many of its disciplines.Mittal school of business ranked from NIRF and position is 34th among all business institutions in India.Being a student of LPU, I have information about LPU courses and i am sharing with you all. LPU has considered one of the best private universities for MBA . The Mittal school of business is one of the best B- schools of India. LPU has been ranked among the top 25 institutions in India for many of its disciplines.Mittal school of business ranked from NIRF and position is 34th among all business institutions in India. The eligibility of the program is 55% aggregate marks in Bachelor’s degree (any discipline) or equivalent, subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT^ and Interview.LPU’s Mittal School of Business is among the first 10 institutions in India to get ACBSP (USA) accreditation. LPU is ranked No. 2 among Indian B-Schools in 'Outreach and Inclusivity by NIRF ranking released by MHRD, Government of India. LPU provide various specialization programme in Master of Business Administration [MBA] In LPU, MBA fees vary with the specializations. Below is the list of MBA specializations: • MBA {Hons.} • MBA Hospital and Healthcare Management • MBA Tourism and Hospitality • MBA International Busine • MBA Business Analytics • MBA Financial Markets • MBA Supply Chain and logistics. • Building Entrepreneurial Mindset LPU attracts more than 600 companies to campus for its students. its your passion and your learning from the program which land you on the highest of packages The students bagged the best placements every year it has been increasing students are bagging 18- 20 LPA packages. Yes, there have been Impeccable placement records with more than 150 companies, including ITC, Asian Paints, HDFC, Federal Bank, Royal Bank of Scotland, Moody’s Analytics, WNS Global, Amazon, Flip kart, COGNIZANT, OPTMYZER etc. and so on these types of companies have been recruiting MBA students every year with the highest package in MBA at 21 Lakh Per Annum and on an average package will be 4LPA TO 6 LPA with nearly 90 % placement rates. In the MBA(hospital and healthcare management) stream get the highest package is of INR 23 LPA was offered by OPTMYZER company.
    Which is the best college in the lucknow for mba
    -PAVAN -Updated on Feb-21-202317 Answers

    ankita, Student / Alumni

    Getting admission in MBA at Mittal School of Business, LPU is not an easy achievement for any candidate because of their quality admission intake. If, I am not wrong, LPU has maintain such standards of quality admission intake and has very stringent eligibility criteria also. But if you get admission in MBA, LPU after satisfying their eligibility criteria, you will fly high, sky will be the limit because from day 1 LPU acts like their Tag Line “Think Big” and Slogan “Transforming Education, Transforming India”. Now lets see how good LPU is for an MBA from various parameters which are as follows: Curriculum: The curriculum of MBA at LPU is very Industry oriented. There is a term CDR (Curriculum Development Research) held after each and every 6 months in which many senior industry people suggest that what are need of present day industry. Faculty knows all the strengths and weaknesses of students are noted and course correction is devised after the considerable suggestions of Industry tycoons. Thus LPU cares what to teach according to the demand of industry, so that all the students can be able to cop up the outer word after qualifying from LPU. Industrial Trainings: The students get many trainings like SAP, MOOCs, Advance Excel and many more. These endeavors of LPU makes their students ahead of others. PEP: The Center for professional enhancement Program, starts working on the student from day one. A set of mentors nourish their personality, public speaking, soft skills etc. Exposure: Many Experts visit LPU for the guest lectures. Project called CAPSTONE is their in LPU to enhance their organizing and teamwork ability.

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