With better career opportunities that offer higher salaries, a holistic perspective of the business world, high-level networking, leadership opportunities, etc., the students decided that an MBA could help them step up their careers all at once.
MBA, the most sought-after postgraduate degree program to pursue in the business world, already has a wide range of criteria to be taken care of before choosing it. Criteria such as MBA majors, whether to choose a one-year or two-year MBA, and which college to attend; It definitely put the students in trouble.
The MBA degree can be obtained as a traditional two-year degree or as a one-year MBA program and is a fast-track option for students who have a career goal as clear as their dream. Some of the most popular majors chosen today for MBAs are Finance, Human Resource Management, Marketing Management, Operations Management, etc. The expansion of the global business economy has led to the emergence of new MBA specializations such as Rural Management, Information Technology, Supply Chain Management, International Business (IB) etc.
Even if the majors are chosen, another dilemma that forms is choosing a public college or a private college. Keeping in mind the value of the degree offered, the facilities, placements, and career options offered by the colleges, you should proceed in choosing the colleges that are best for you.
In order to help you get a seat in the best B schools in India, various admission tests like CAT, MAT, SNAP, XAT, etc. are being conducted all over India. The list of top 5 B schools in India is categorized below with its exceptional qualities that have brought it to the fore:
Indian Institute of Management (IIM) Bangalore:
Located in India’s high-tech capital, IIMB is in close proximity to some of the country’s leading companies, ranging from information technology to consumer product companies, giving it the added advantage of integrating classroom knowledge with hands-on experience. IIMB is the only Indian business school to feature among the top 50 B schools in the Financial Times Executive Education Rankings 2015, along with London Business School, Harvard Business School, Oxford University and many others.
IIMB is also ranked among the top 30 business schools in the world in the prestigious Financial Times MBA rankings 2015. IIM Bangalore recently topped the list of best management institutes in the ‘India Ranking 2016’ – the first ever national ranking of universities by the government.
College of Management Studies, University of Delhi:
FMS is among the few best B-schools in India, where every permanent member of the faculty is a Ph.D. Each FMS student is part of the Management Science Association (MSA), a student body made up of different groups focused on distinct career areas.
To encourage entrepreneurship, the FMS provides employment leave for students who wish to pursue their own projects and allows them to participate in a subsequent employment process for up to two years, in case they wish to take advantage of the opportunity. Strategically located at the busy crossroads of business and student activity, FMS has hosted over 200 business leaders in the past year to facilitate a comprehensive learning curve for its students.
Indian Institute of Management, Ahmedabad (IIMA):
IIMA is consistently rated as the best B-School in India by reputable national agencies. The institute was ranked 16th in the 2016 Financial Times (FT) Management Rankings as well as 24th in the 2016 Financial Times Global MBA Rankings in the Top 100 B Schools, announced in January 2016. The enviable record of the batch is set The entire year after year, over the past 20 years, also indicates the quality of the students admitted and the quality of the training they receive.
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai:
NMIMS is located in Mumbai, Maharashtra, India. It is a private university and one of the leading universities MBA College for the past 34 years and was ranked 13th in the Business World B-School survey in 2014. Our 2015 placement programs included MBA, MBA in Human Resources, MBA in Banking and MBA in Capital Markets. The average wage offered is Rs. 16.51 lakh per annum, about 8% higher than last year.
NMIMS School of Business Management (SBM) is ranked 12th in Top 100 Management Schools and 5th in Top 10 Pvt B Schools in Outlook Drshti B School Survey 2014, 9th in Top 25 B, 3rd in Top 35 Pvt. Colleges, ranked second in the top 25 soldiers. Colleges in the Western Region in the 2014 Hansa Research B-School of the Week survey etc.
Department of Management Studies, IIT Delhi:
Department of Management Studies (DMS), IIT Delhi is known for its 100% placement record which is a reflection of the timeless ties and relationships with their corporate partners. DMS, IIT Delhi has been ranked in the top two schools in the ‘Business and Management Research’ category of ‘Stanford Ranking’ 2015. Outlook has ranked IIT Delhi as 6th among the top 10 B schools in India 2016. DMS, IIT Delhi shares the top three India ranks for Business and Management Studies along with IIM Ahmedabad and IIM Bangalore in QS India University Rankings 2015.