In this article, we are going to tell you about some best MBA colleges in India.
Everyone right from humanities graduate to an engineer or a commerce executive, aspire for an MBA degree. Just after the admission, students are taught the main subjects, understanding human psychology, personality development, and functioning of the economy. A management degree not just only helps to find a lucrative job but also makes you a more mature individual as you are taught to manage situations and people.
In the today corporate world, getting a management degree is crucial for attaining a senior-most position in good organizations. Earning an MBA degree not just only promises an individual to secure a job but also make sure growth and success in the today job market.
Most MBA programs offer you the training in basic business principles needed by any manager, which includes the marketing, basic accounting, economics, corporate finance, strategic planning. Moreover, if you know which career field you are interested in, selecting a specific MBA program will allow you to specialize and better prepare yourself for a career.
Much like any other educational institution, the academic content of a business school education does not vary much between the programs. Moreover, experts will tell you that the value of your MBA degree is often directly related to the esteem of the school which grants it. All MBA schools annually receive rankings from various organizations. These rankings are determined by a wide range of factors and can be very much useful when choosing a business school or MBA program.
8 Best MBA Colleges in India.
1. Indian Institute of Management (IIM)
Undoubtedly, the Indian Institute of Management remains among the top B schools in India till date. International business school reviewers rate the IIM’s among the topmost b-Schools of Asia and among those having a superior quality of education, across the globe.
IIM has branches in the Bangalore, Kolkata, Ahmedabad, Lucknow, Indore, Calicut. Moreover, it has a great geographical reach that will allow you to study nearer home.
IIM’s offer full time, classroom MBA courses. These courses are available in different streams such as logistics, engineering management, general business management, IT management, and a host of others.
2. Indian Institute of Technology (IIT)
After making its mark as the best engineering university in India, IIT is now aiming for top ranks as a B-School of the country as well. IIT’s across India is offering a wide selection of two-years MBA courses, specially designed for the students who even wish to undergo classroom training.
Ideally, MBA programs at the IIT are best suited for the engineering students, especially those already training at these institutes. This is because their MBA program has been designed while keeping in mind the needs of Indian engineers.
Regardless, an MBA course from the IIT is very well reputed and recognized in India and abroad. The advantage with the IIIT’s MBA is that you get hands-on training on practical issues, thanks to the institute connections with the government, local industry, and other organizations.
3. Jamnalal Bajaj Institute of Management Studies
This college is based out of Mumbai; the Jamnalal Bajaj Institute was once considered among the second-best MBA colleges in India. Moreover, the scenario has changed with the Government of India, realizing the country needs more B-Schools. Jamnalal Bajaj provides full-time MBA programs.
A distinct advantage offered by the JBIMS is the institute provides post-MBA programs too. Since it is located in Mumbai, the business center of India, students at JBIMS get the unique opportunity to attend lectures and presentations by guest speakers, most of whom are prominent Indian businessmen or even hold a topmost position in India and multi-national companies.
4. Faculty of Management Studies, New Delhi
The Faculty of Management Studies at the Delhi University is commonly called by the name as FMS and is held in high esteem in all academic circles. FMS was established in the year 1954 as a part of Delhi University.
Its earliest faculty members were trained at the world-renowned Standford University B-School, with the intention of imparting the superior education to Indians who cannot afford studying abroad.
FMS provides full-time MBA courses in various specializations. It is best suited for the people who already have a business or are planning a startup venture. Furthermore, major companies of India are on the lookout for the FMS graduates, and you can even land with a job offer before completion of your MBA program.
5. Indian Institute of Foreign Trade, New Delhi
The Indian Institute of Foreign Trade(IIFT) was opened by the Government of India in 1963. The main objective of the IIFT was to help India emerge as an exporting nation.
Its objectives are to help develop professionalism in the country foreign trade, its management, and increase exports by developing human resources, analyzing, generating, and disseminating data.
IIFT provides full-time classroom MBA courses that are specialized in foreign trade as well as industrial management. A large number of IIFT students find placement with the Government of India enterprises that exports products and services to foreign countries.
6. Management Development Institute
Management Development Institute(MDI) has two campuses, one in Gurgaon and one in West Bengal. It is ranked among the top 110 management institutes in India.
Full-time classroom MBA courses are provided by the MDI at both campuses. Quality of training and instruction as well as the debates, workshops, practical courses compare with international standards. MDI is even preferred by students who wish to specialize in industrial management and general management.
7. Narsee Monjee Institute of Management Studies
This college is being named after the prominent Mumbai personality Narsee Monjee, the institute widely called as NMIMS is one of the topmost B-School of India. With a legacy of 40 years, NMIMS has grown to be not only one of the top MBA colleges in India but also has emerged as a multi-disciplinary university with six campuses at Bangalore, Hyderabad, Navi Mumbai, Indore, Shirpur, and Mumbai.
It includes the 12 constituent schools that include the Pharmacy, engineering, business, science, law, aviation, design, liberal arts, distance learning, and architecture.
With more than 12000 students and 513 full-time faculty are a part of India most sought after the academic community. It provides classroom MBA courses in the above domains and it’s among the top MBA colleges in Mumbai.
8. Shreyans Prasad Jain Institute of Management Research
Also known by the name as SPJIMR, the institute is based out of Mumbai. It is also being ranked among the top B-School of India. It was inaugurated in 1981 by the British Prime Minister Margaret Thatcher.
SPJIMR is a part of India large educational organization, Bharatiya Vidya Bhavan. Admissions to SPJIMR are one of the toughest in India since the college is the most sought after.
SPJIMR is best known for offering MBA courses which are best suited to the requirement of India business and industry. Special emphasis is also laid on the rural industries and their development in the MBA course here.
A majority of the SPJIMR students come to Mumbai for the studies from the different parts of the country, due to the school reputation and quality of education.
We have mentioned some best MBA colleges in India. Comment down if we might have missed any that you think is one of the best MBA colleges in India.