The most widely accepted course for management education in India is the MBA program. Students passed out from top 50 MBA colleges in India either working in best companies or owning their great business. The compensation package for MBA graduates from best 100 MBA colleges is so attractive.
MBA, i.e. Master of Business Administration is a two-year program that aims at making a candidate proficient in all fields of management and an expert in one particular field of specialisation. In the second year, the students have to choose from a variety of specialisation choices like MBA in Finance, MBA in Marketing, MBA in human resource (HR), MBA in information technology (IT), MBA in operations management and much more.
The specialisation should be chosen on the basis of your passion, capability and choice. There is various type of MBA programs is regulated by top 50 MBA colleges in India like full-time MBA, part-time MBA, distance learning MBA, online MBA, Executive MBA and much more. Depend on circumstances candidate can choose any MBA program. Here business school rankings are given which will be very helpful to choose the college. According to MBA colleges rankings, you can identify the best college for admission.
The below page gives the list of Top MBA Colleges in India as per the NIRF ranking 2017:
|IIM Calcutta||Kolkata||West Bengal||76.60||3|
|IIM Lucknow||Lucknow||Uttar Pradesh||71.58||4|
|IIT Delhi||New Delhi||Delhi||64.51||6|
|IIT Kharagpur||Kharagpur||West Bengal||63.12||7|
|Xavier Labour Relations Institute (XLRI)||Jamshedpur||Jharkhand||61.08||9|
|IIM Indore||Indore||Madhya Pradesh||59.59||10|
|IIT Kanpur||Kanpur||Uttar Pradesh||57.19||11|
|National Institute of Industrial Engineering, Mumbai||Mumbai||Maharashtra||55.74||12|
|IIM Tiruchirappalli||Tiruchirappalli||Tamil Nadu||55.46||13|
|Management Development Institute||Gurgaon||Haryana||53.12||16|
|Vellore Institute of Technology||Vellore||Tamil Nadu||51.83||17|
|S. P. Jain Institute of Management & Research||Mumbai||Maharashtra||51.42||18|
|Rajiv Gandhi Indian Institute of Management||Shillong||Meghalaya||50.44||21|
|Kalinga Institute of Industrial Technology||Bhubneshwar||Odisha||50.43||22|
|Anna University||Chennai||Tamil Nadu||49.81||23|
|Institute of Management Technology, Ghaziabad||Ghaziabad||Uttar Pradesh||48.77||24|
|PSG College of Technology||Coimbatore||Tamil Nadu||48.32||26|
|International Management Institute||New Delhi||Delhi||48.23||27|
|Banaras Hindu University||Varanasi||Uttar Pradesh||47.96||28|
|Institute of Rural Management Anand||Anand||Gujarat||47.83||29|
|Indian Institute of Foreign Trade||New Delhi||Delhi||46.79||30|
|Indian Institute of Forest Management||Bhopal||Madhya Pradesh||44.96||32|
|Narsee Monjee Institute of Management Studies -Mumbai||Mumbai||Maharashtra||44.81||34|
|Guru Gobind Singh Indraprastha University||Dwarka||Delhi||44.51||35|
|Fore School of Management||New Delhi||Delhi||44.51||35|
|Goa Institute of Management||Poriem, Sattari||Goa||44.06||37|
|Institute for Financial Management and Research||Satyavedu||Andhra Pradesh||43.60||38|
|Bharati Vidyapeeth Institute of Management and Entrepreneurship Development||Pune||Maharashtra||42.85||40|
|K.J. Somaiya Institute of Management Studies & Reserach||Mumbai||Maharashtra||42.17||41|
|Sri Krishna College of Engineering and Technology||Coimbatore||Tamil Nadu||42.08||42|
|Jaipuria Institute of Management, Noida||Noida||Uttar Pradesh||41.92||43|
|Shanmugha Arts Science Technology & Research Academy (SASTRA)||Thanjavur||Tamil Nadu||41.90||44|
|Birla Institute of Management Technology||Greater Noida||Uttar Pradesh||41.76||45|
|Prin. L.N. Welingkar Institute of Management Development & Research||Mumbai||Maharashtra||41.27||46|
|MIT School of Telecom Management||Pune||Maharashtra||40.94||47|
|Atal Bihari Vajpayee Indian Institute of Information Technology and Management||Gwalior||Madhya Pradesh||40.51||48|
|International Management Institute, Kolkata||Kolkata||West Bengal||40.40||49|
|Xavier Institute of Management & Entrepreneurship||Bengaluru||Karnataka||40.07||50|
Selection Process of Top B-Schools in India:
For getting admission in top Management colleges in India having good business school ranking, there are so many entrance exams are conducted like CAT/MAT/XAT/SNAP/NMAT/IIFT and other state level exams. The written test is the first stage of short listing, tests a student’s capability to perform under pressure. It consists of English, mathematics, logical and analytical reasoning.
Based on the performance of written test candidates are shortlisted for Group Discussion (GD) and personal interview (PI). Nowadays many institutes prefer Written Ability Test(WAT) rather than GD. After cracking GD & PI, a candidate gets a call for admission.
The below table brings to you the parameters used by the top B-schools for the final selection process.
Written Ability Test
|FMS, University of Delhi||Extempore||Yes||No|
|DMS, IIT Delhi||Yes||Yes||No|
|SJMSOM, IIT Bombay||No||Yes||Yes|
|VGSoM, IIT Kharagpur||Yes||Yes||Yes|
|DoMS, IIT Madras||Yes||Yes||No|
|DMS, IIT Roorkee||Yes||Yes||No|
|DIME, IIT Kanpur||Yes||Yes||No|
|NMIMS Mumbai||Yes (Case Discussion)||Yes||No|
|SIBM Pune||Group Exercise||Yes||Yes|
|Goa Institute of Management, Goa||No||Yes||Yes|
|Great Lakes Institute of Management||Yes||Yes||Yes|
|FORE School of Management, New Delhi||Yes||Yes||Yes|
Eligibility Criteria for Admission:
Eligibility criteria to give any entrance test for MBA is just graduation from any field with at least 50% marks. Like other exams, it also has percentage relaxation for SC/ST/PWD candidates, only 45% is necessary for them.
The Importance of MBA:
Success is all about ideas and management education helps in the fine building of these ideas. Only those who apply unique ideas stand out in the business world. And this is what makes MBA as the top choice among students in India.
The main objective of MBA program is to train students to become great managers and gradually good leaders in the corporate sector. The best part of top 50 B-schools in India is that the program is based on learning how to build and mould innovative organizations and also help to sharp networking skills.