Top Private Management Colleges in India

For a student choosing the right Business School is a brain-churning procedure. With this article, we will help you figure out which is the best college for MBA in India, and for the same we will have to take into consideration some facts and some analysis. Some of the things to be kept in mind are that these colleges should have an excellent track record of curriculum as well as research. These should also be providing exemplary placements to students. A perfect MBA degree should enable you to solve problems, give you the right know-how, and make you a strategic thinker. The degree has the power to give a thrust to your own entrepreneurship career or place you in a leadership post from day one.

Some of the top MBA colleges in India also hold a global position. The three schools that hold a position in the top 50 across the globe include IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. All these schools are known for their exemplary faculty, sprawling campus, and lucrative placements. The schools fall under the premium business school category.

An MBA degree opens the gate for an array of jobs and entrepreneurial opportunities. The course is meant to impart knowledge and training to make you capable of running an organization. It is also supposed to polish leadership qualities and communication skills. All in all the best college for MBA in India should make the student an all-rounder.

The top private MBA colleges in India are also ranked well by NIRF India, where XLRI-Xavier School of Management holds 7th rank, similarly, Management Development Institute and IMI Delhi are ranked at 12 and 27 respectively. NIRF ranking is an all India ranking of educational institutions in India and is recognized throughout the country. Being part of the top MBA colleges does make the top private engineering colleges special 

Admissions to The Top Private MBA Colleges

Generally, the top private MBA colleges give admission on the basis of entrance tests. There are many national and state-level management entrance tests conducted for this purpose. Many top MBA colleges also conduct their own entrance test. XAT is one such entrance test conducted by XLRI, Jamshedpur every year. Similarly, there are other entrance exams like MAT, CMAT, GMAT, CAT that are conducted every year for admissions to MBA colleges in India. And, many top MBA colleges consider the scores of these entrance tests while giving admissions.

Popular MBA Programmes in India 

1. Finance 

2. Operations Management 

3. Sales & Marketing

4. Human Resource Management

Apart from these, there are other B Schools that carry a name and a legacy. When an established group comes up with an educational institute then they are sure to have a good plan for the same.
The course structure is updated, the faculty is learned, and also there is a lot of learning through exposure. One such name is Bennett University which is an initiative of The Times Group. The Times Group is very well known and is more than 180 years old in the market. They have successfully created a niche for themselves. Bennett University has a curriculum that is designed and curated by the industry experts and they also offer a paid industry internship in the 2nd year of the program. They offer a plethora of courses to choose from. Moreover, in some of the courses, they also offer a 100% placement guarantee. Top-notch companies are there on the recruiters’ list and the placement offers are lucrative.

There are around 3000 MBA colleges in India with over 8500 MBA programs. India has some of the best colleges for MBA in the world; these can be either private or public. There are various entrance exams happening across the year. Some colleges prefer to take their own exams and some enroll on the basis of the common exams of the best institutes like CAT, CMAT, MAT, XAT, NMAT, SNAP, ATMA, and GMAT.

The average salary of the top 10 best colleges for MBA in India is approx. ₹25,00,000. On the other hand, the cost of these business schools is not something that one can ignore. On an average, the tuition fee for the top colleges is approx. ₹11,00,000. One also has to take into consideration that there will be extra cost involved during the 2 years program

Eligibility Criteria for MBA Admission

There are some basic things that students need to know before planning to take up MBA for their further studies. One of them is that students from diverse backgrounds be it science, commerce, and Arts are all eligible for the program. Moreover, even professional degree holders such as MBBS, CA, and CSI are also eligible to pursue MBA. A full-time MBA will always be more demanded and fruitful than a part-time, executive or a 1-year program. A little bit of work experience will always give the candidate an upper hand. The minimum eligibility criteria for this program is a graduate degree with 50% marks.

MBA vs PGDM

One other thing that students are always confused about is the difference between an MBA and PGDM program. PGDM is awarded by the institutes that are approved by AICTE whereas an MBA degree is awarded by a college that is UGC approved. Looking at the demand and supply, PGDM in the corporate world is much more demanded as compared to an MBA course.

Through this article, we have tried to incorporate the top 10 best colleges for MBA in India. There are also other factors included which are important for the student to keep in mind which will help them boil down to the final college. It is always better to speak to some of the college alumni before taking a call. A student’s perspective is the most important and cannot be found on any college website or in any writeup or blog.

List of Top Private Management Colleges in India

There are numerous ranking agencies that have ranked the top MBA colleges in India on the basis of various ranking parameters like Faculty Quality, Perception Among Masses, Research, Placements, etc. The below Top MBA Colleges in India 2020 is listed based on the genuine rankings.