MBA Admission in India

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MBA Colleges in India - Admission

The Best MBA Colleges In India can be found in the bucket list of many Indian students. There seems to be some sort of obsession that students have with MBA programs, especially in India. MBA is among a list of courses that seems to be capable of helping students land excellentpaying jobs. Over the past two decades the course has popped up on the radar of many aspiring graduates. As taking an MBA after graduation seems to be great path to land high paying job. There are many other factors which include specialisation and type of college or university admission etc.

The MBA or Masters in Business Administration is quite generic and there are a number of specialisations in the same. MBA Specializations In Demand In India include Human Resource Management, Marketing and Finance specializations among others. Many times students who complete their engineering degrees get asked a very simple question, “Why take up an MBA after completion of a technical course like engineering?”. Well everything has its own set of advantages and disadvantages. As far as courses go, the MBA programme seems to be better positioned for students from a technical background especially due to their math related skill sets.

When comparing the Top MBA Colleges In India With Fees, it is interesting to note that as the ranking of the college is high so doesit’scourse fee. This is a common phenomenon among many courses but seems to be more pronounced in the case of MBA programmes.

MBA Specializations in India

  • MBA in Finance
  • MBA in Human Resource Management
  • MBA in Logistic & supply chain Management
  • MBA in Information Technology
  • MBA in Business Management
  • MBA in Marketing Management
  • MBA in Healthcare Management
  • MBA in Rural Management
  • MBA in Operations Management
  • MBA in Event Management
  • MBA in Retail Management
  • MBA in Aviation Management
  • MBA in Sports Management
  • MBA in Business Design
  • MBA in Oil & Gas
  • MBA in International Business
  • MBA in Luxury Product Management
  • MBA in Family Business Management
  • MBA in Travel & Tourism

MBA Entrance Exams in India

MBA Admissions specially to the best colleges is quite competitive. Admission in the country's top Colleges is usually based on competitive exam scores. This again followed by Group Discussion, Personal Interviews and Micro Presentation Rounds. Some of the most popular MBA Entrance Test in India are CAT, XAT, CMAT, MAT, ATMA, MH-CET & GMAT. Many of the big MBA colleges provide their own own Entrance Test like SNAP for Symbiosis International University, SIBM, SCMHRD, SITM, SIMS, SIIB, SIOM, NMAT-GMAC for Narsee Monjee University (NMIMS) and so on.

MBA Eligibility Criteria in India

  • In general all candidates who have passed a bachelor's degree with a minimum aggregate of 50% marks or 45% if the candidate falls in the SC/ ST / Other reserved category, from any recognized university in the country are eligible to apply for the programme.
  • English is a compulsory language
  • Candidates are also required to clear entrance tests like CAT, MAT, GMAT, XAT, CMAT and ATMA with a qualifying score which again varies from college to college.

Well. The obvious answers would be IIMs A, B & C. It all depends on the student and their CAT score.
There are as many as 4500 MBA colleges in India having nearly 2,50,000 MBA seats. It’s an emerging industry so this number is increasing day by day.
The biggest factor to consider is that MBA abroad does not offer campus placements. On one hand, the top-10 colleges in India (IIMs/ISB etc) all all excellent in terms of placement, so 100% of their students land up a respectable salary even before their MBA course completes. This will undoubtedly make a huge difference in your financial life. This job security you can only get in India—— Nowhere else!

Yes.

Your Indian degree/ college/ university needs to be accredited by 'All India Council for Technical Education' (AICTE). As long as that is the case, it's valid in most parts of the world. You may have to get them certified & stamped by 'Indian Ministry of External Affairs' if you are interested to travel abroad either for academic or professional reasons.

However, how much value your degree will carry in various countries, depends on their own evaluation criteria!

Tier A private colleges charge around 20 lakhs and above
Tier B private colleges charge in between 10 - 15 lakhs
One can also opt for Government/Trust colleges such as JBIMS, FMS among others, their tuition fees are quite less than the private ones having a very good placement record.

Average students need to be prepared mentally to spend lots of time practicing in order to crack CAT. Everyone has gaps in Math or English or DILR and has to practice long hours.

Any person who is presently above the 60 percentile can be called average and can crack CAT. Just that the time required doing it may change depending on the gaps. But a reasonable six to eight months of daily practice (2/3 hours) can do the trick. People below 60 percentile can also do it, but will need to get back to their school math books. Go through tuitions, and then start the preparation.

Process orientation: CAT is a test of aptitude and therefore ‘the 5 shortcuts to crack CAT in 30 days’ doesn’t work. The ‘get rich quick’ schemes don’t work. The short cuts to solve math, and the mathematical approach to RC are all very tempting because they all form part of the ‘get rich quick’ schemes. But the only thing that really works in CAT preparation is ‘fundamental’ sweaty hard work and following a process sincerely.

A thorough work would be required on the basics and repeated practice sessions.

Verbal: Reading purposefully different kinds of articles, books, etc. is the only solution. The reading should be followed by reflection on the purpose, tone, main theme, sub plots, inferences etc. If this is done sincerely for six to eight months, along with the practice tests and Mocks, VARC can become one’s high scoring section.

Scoring high in this section makes it so much easier to get to overall 99.xx percentile. This is the only section that does not need outside information like formulae or knowledge. Everything is given. Only thing is that you need to make the right sense out of it. Average students can improve enough to actually score 70 + (CAT 2019), if they do not try any fancy stuff and just stick to the fundamentals.

Quants: This is a freak-out area for short cuts, which is pure marketing hype. It’s mostly the average students who get impressed by the short cuts. They are actually weak in their basics and start to think erroneously that all Math problems can be solved logically.

What are these short cuts? Every problem can be solved in multiple creative ways.

But the question is ‘which method can the average student replicate safely in the CAT?’ Unless a particular creative method (short cut) works for a whole category of problems, they are not taught. The conventional method is far safer. More practice sessions will yield more creative, accurate and faster results.

In CAT 2019, there were at least 20 to 22 problems that could have been done by the average student who has worked hard on the basics. They could have been done conventionally at an average of 2 minutes per question. That would have fetched a score of anything above 45, which is in the 95 plus percentiles.

DILR: Getting exposed to as many types of problems is the only solution. Doing about 60 to 70 tests, including mocks, will lead to exposure to around 400 sets of DILR problems. Doing this over a few months would ensure accurately solving 3 to 4 sets comfortably in CAT. That’s at least 40 marks.

Adding them all up (70+45+40)= 155.. which is 99 percentile in CAT 2019. The mix might very well change depending on one’s personal strengths.

Bottom line is that, with six to eight months of systematic 18/20 hours of weekly practice, one can crack CAT. The primary target should be to follow a process to build your fundamentals without trying any fancy stuff.

None.

No college can claim to have a 100% placement guarantee. A college provides you an opportunity to get placed. Whether a person encases that opportunity or they don't make the cut is their individual concern.

However, there are many good B-Schools like IIMs, FMS Delhi, ISB, SIBM, IBS Hyderabad, XIM/XLRI and LPU which might increase your chances to get placed.

Don't fall in the trap or gimmicks of the many institutes that claim to provide 100% placements. It's a modern sham.

For IIM's A, B & C YES. Please have a look at our fee structure page for thorough details.

No, CAT is not necessary to get admission in MBA colleges in India.

But Yes, if one aims for top management colleges in India.

Here is a list of some of the top MBA colleges in India with the lowest fees

  • FMS Delhi (first year fees is INR 50 thousand)
  • Department of Management Studies (DMS), IIT Roorkee
  • Christ (Deemed to be University) Bangalore
  • Jamnalal Bajaj Institute of Management Studies (JBIMS)
  • MCT Rajiv Gandhi Institute of Technology
  • Indian Institution of Export and Import Management
  • MET Institute of Management
  • Pailan College of Management & Technology
  • Globsyn Business School, Kolkata
  • Prin. L N Welingkar Institute of Management Development & Research, Mumbai

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