Top Management Colleges in India

Top Management Colleges in India: Get a clear picture about the Courses, Eligibility and Scope Offered.

There are a total of 6,231 top Management Colleges in India, out of which 5,142 are private management colleges while 1,080 are the government colleges. The average yearly salary of MBA graduates in India is INR 6-10 lakhs. While it is between INR 20-30 lakh after graduating from the IIMs. As exams like CAT 2020, XAT 2021, and SNAP 2020 are near, students must be in the process of taking a sneak peek into top Management Colleges in India. Hence, in a bid to help students out, we will brief about them here.

Top Management Colleges in India

There are many well known and top Management Colleges in India such as IIM – Ahmedabad, Indian Institute of Management – Bangalore, Indian Institute of Management, Calcutta (IIMC), Faculty of Management Studies (FMS), Delhi, XLRI Xavier School of Management, Jamshedpur; Management Development Institute (MDI), Gurgaon, Symbiosis International University, etc. MBA can be a good choice for students because of the sheer quality of the courses and placements offered by these top Management Colleges in India.

Some of the prominent MBA specializations (including some innovative streams) offered by top Management Colleges in India are as follows:

  • General Management
  • Finance
  • Digital Marketing
  • HR Management
  • Hospitality Management
  • Marketing
  • Business Analytics
  • International Business
  • Operations Management
  • Supply Chain Management
  • Event Management
  • Entrepreneurship
  • Travel and Tourism
  • Liberals Studies and Management
  • Sustainable Development

Top Management Colleges in India: Eligibility Criteria

The eligibility criteria to pursue MBA may differ from college to college. However, there are some basic eligibility criteria for the candidates to be eligible for MBA in top management colleges in India which are mentioned below:

  1. Aspirants must have an undergraduate degree in any discipline from a recognized University.
  2. Aspirants must have obtained at least 50% or more in their graduation degree in order to be eligible for the course.
  3. Final-year aspirants can also apply for an MBA. But they will have to provide the proof of completion of graduation degree within the duration specified by the institute.

Some colleges accept merit-based admissions while there are many top management colleges in India that offer admission based on the scores obtained in national or state- level entrance examinations such as CAT, XAT, MAT, GMAT, NMAT, IBSAT, SNAP, ATMA, etc.

Top Management Colleges in India: Rankings

Below is given a list of 10 top Management Colleges in India ranked by NIRF:nirf

  1. Indian Institute of Management, Ahmedabad, Gujarat (IIMA) – Rank: 1
  2. Indian Institute of Management, Bangalore, Karnataka (IIMB) – Rank: 2
  3. Indian Institute of Management, Calcutta, West Bengal (IIMC) – Rank: 3
  4. Indian Institute of Management, Lucknow, Uttar Pradesh (IIML) – Rank: 4
  5. Indian Institute of Technology, Kharagpur, West Bengal (IITK) – Rank: 5
  6. Indian Institute of Management, Kozhikode, Kerala (IIMK) – Rank: 6
  7. Indian Institute of Management, Indore, Madhya Pradesh (IIMIDR) – Rank: 7
  8. Indian Institute of Technology, Delhi (IITD) – Rank: 8
  9. Indian Institute of Technology, Bombay (IITB) – Rank: 9
  10. Indian Institute of Technology, Roorkee (IITR) – Rank: 10

While the IIMs and IITs are the top business schools in the country, the below-mentioned colleges are excellent as well. Below is given a list of some other top Management Colleges in India ranked by NIRF:

  1. Xavier Labour Relations Institute (XLRI), Jamshedpur, Jharkhand- 9th Rank
  2. Management Development Institute (MDI), Gurugram, Haryana- 10th Rank
  3. SPJIMR, Mumbai – 18th Rank
  4. Symbiosis Institute of Business Management (SIBM), Pune, Maharashtra- 22nd Rank
  5. Great Lakes Institute of Management, Tamil Nadu, 23rd Rank
  6. SVKM’s Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, Maharashtra- 23rd Rank
  7. A. Pai Management Institute (TAPMI), Manipal, Karnataka- 27th Rank
  8. International Management Institute (IMI), New Delhi- 28th Rank
  9. Xavier Institute of Management (XIMB), Bhubaneswar, Odisha- 31st Rank
  10. Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar, Odisha- 32nd Rank

There is always a tough competition to get admission in the above mentioned top Management Colleges in India. Hence, we decided to share a few more options with you below that offer quality education, good placements and world-class facilities to the students:

  1. The ICFAI Foundation for Higher Education – Hyderabad, Telangana
  2. BML Munjal University, Gurugram, Haryana
  3. Alliance University, Bangalore, Karnataka
  4. Amity University, Noida, Uttar Pradesh
  5. Lovely Professional University (LPU), Jalandhar, Punjab
  6. Chandigarh University, Chandigarh, Punjab
  7. IIHMR University, Jaipur, Rajasthan
  8. UPES – Dehradun, Uttarakhand
  9. Jagan Institute of Management Studies (JIMS), Rohini, Delhi
  10. SP Jain School of Global Management – Mumbai, Maharashtra

Top Management Colleges in India – Scope of MBA

An MBA offers enormous job opportunities and for the students in the private and public sector. Some of the popular departments and job profiles offered to MBA professionals in public and private sector are mentioned below:

Public Sector

  1. Healthcare
  2. Operations and Project Management
  3. Finance
  4. Technology Management
  5. International Business
  6. Entrepreneurship

Private Sector

  1. Real Estate
  2. Fashion Industry
  3. Portfolio Management
  4. Risk Management
  5. Financial Research
  6. Human Resource

Some of the job profiles offered to MBA graduates after passing from the Top Management Colleges in India are as follows:

  • Account Manager
  • Sales Manager
  • Brand Manager
  • Human Resource Manager
  • Equity Research Analyst
  • Digital Marketing Manager
  • Risk Manager
  • Healthcare and Hospital Manager
  • Project Manager

The average salary offered to MBA graduates depends on the job profile and the institute they graduated from. Below are the tier wise salary packages offered to such graduates:

  1. Tier 1 Colleges: INR 20 – 28 LPA
  2. Tier 2 Colleges: INR 12 – 18 LPA
  3. Tier 3 Colleges: INR 3 – 7 LPA

Top Management Colleges in India – Top Recruiters

MBA Graduates from any domain are in high demand these days. Below is given a list of few companies that recruit management graduates from the Top Management Colleges in India:

  1. Indian Institute of Management, Ahmedabad, Gujarat (IIMA)- McKinsey, Boston Consulting Group, MasterCard, Avendus, JP Morgan, AB InBev, Airtel etc
  2. Indian Institute of Management, Bangalore, Karnataka (IIMB)- Avendus Capital, JP Morgan, Adani Group, Vedanta, Capgemini, Anheuser-Busch InBev, Asian Paints, Accenture Operations etc
  3. Indian Institute of Management, Calcutta, West Bengal (IIMC)- Bank of America Merrill Lynch, Barclays, Goldman Sachs, Arga Investment Management, Gaja Capital, Boston Consulting Group, McKinsey & Co., PricewaterhouseCoopers etc
  4. Indian Institute of Management, Lucknow, Uttar Pradesh (IIML)- Amazon, PricewaterhouseCoopers, Ernst & Young, Citi, The Boston Consulting Group, Tata Administrative Service (TAS), ICICI Bank, Flipkart, Reliance Jio, Star India
  5. Indian Institute of Technology, Kharagpur, West Bengal (IITK)- PwC, Ernst & Young, McKinsey & Co, Deloitte, ZS Associates, Axtria, Facebook, IBM, Bloomberg, ITC Infotech, Genpact, HSBC, ICICI Bank, Kotak Mahindra Bank, IDFC Bank, MPower Financing
  6. Indian Institute of Management, Kozhikode, Kerala (IIMK)- Goldman Sachs, HSBC, JP Morgan and Chase, Nomura, Deutsche Bank, Reliance Industries, RPG Group, AbInBev, Airtel, Mahindra, Tata Administrative Service (TAS), Rebel Foods
  7. Indian Institute of Management, Indore, Madhya Pradesh (IIMIDR)- Credit Suisse, Credit Suisse, Credit Suisse, StateStreet, Deloitte S&O, Asian Paints, HUL, L’Oreal, Pidilite Industries, Panasonic Life Solutions, Flipkart, Google, HUL
  8. Indian Institute of Technology, Delhi (IITD)- Dr. Lal Path Labs, Henkel, Reckitt Benckiser, Synergy Consulting, Siam Makro, Capgemini, Hitlab, Wipro
  9. Xavier Labour Relations Institute (XLRI), Jamshedpur, Jharkhand- KPMG, PricewaterhouseCoopers, Boston Consulting Group, Accenture Strategy, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Standard Chartered
  10. Management Development Institute (MDI), Gurugram, Haryana- Airtel, Dell, Flipkart, Hero Electronix, Lenovo, PhonePe, Samsung, Xiaomi, Tata Steel, ICICI Bank, Limeroad, YES Bank

How Affordable is Studying in the top Management Colleges in India?

The average cost of studying in the best B schools of India for the courses like MBA, Executive MBA and MMS, the fees is generally INR 8-10 LPA.

Around 31% of the MBA colleges have a fee structure that ranges from INR 10 to 20 LPA. Some of the colleges are:

  • Tata Institute of Management Studies (TISS), Mumbai
  • Department of Management Sciences, Pune
  • Faculty of Management Studies (FMS), Delhi University
  • Christ University, Bangalore
  • Delhi Technical University (DTU), Delhi

There are some top management colleges in India that offer MBA and have a fee structure of more than INR 20 LPA. Some of these colleges are mentioned below:

  • Indian Institute of Management, Ahmedabad (IIMA)
  • Indian Institute of Management, Bangalore (IIMB)
  • Indian Institute of Management, Calcutta (IIMC)
  • Indian Institute of Management, Indore (IIMIDR)

MBA Colleges with respect to Different Specializations

Top management colleges in India for Marketing are:

  • IIM – Ahmedabad
  • Indian School of Business [ISB], Hyderabad
  • Narsee Monjee Institute of Management Studies, Mumbai
  • ICFAI Business School [IBS Mumbai]

Top Management Colleges in India for HR are:

  • Xavier School of Management, XLRI Jamshedpur
  • Indian Institute of Management [IIM], Ranchi
  • Institute of Management and Technology [IMT], Ghaziabad
  • Management Development Institute (MDI), Delhi/NCR

Management Colleges in India offering MBA in Finance are:

  • IIM Kozhikode
  • SP Jain Mumbai
  • Narsee Monjee (NMIMS), Mumbai
  • IIFT – New Delhi

Some of the top management colleges in India for MBA in Logistics Management are:

  • School of Business, University of Petroleum and Energy Studies, Dehradun
  • Amity Business School, Noida
  • Presidency University, Bangalore
  • School of Management, Dr DY Patil University, Navi Mumbai

Some of the top management colleges in India for MBA in Business Analytics are:

  • Christ University Institute of Management
  • Galgotias Business School
  • International Institute of Business Studies
  • VELS University

Now, with some important exams coming up like XAT 2021, CAT 2020, SNAP 2020, besides preparing, aspirants must have a clear picture of the top Management Colleges in India. The details mentioned above have information on colleges for students of varied skills and calibre. We are hopeful that the information will be useful for an excellent candidate as well as an average candidate.