A degree in Masters of Business Administration is a dream which is shared by thousands of aspirants across India annually. Many aspirants appear for different management entrance examinations every year to pursue their preferred MBA course. India possesses some of the best management institutes and colleges such as Indian Institute of Management (IIMs), and other renowned private and government colleges in the country.
Competitive exams like MAT, CAT, XAT, etc. attracts a huge number of MBA aspirants every year. Exams like CAT is taken by over 2 lakh candidates annually, so aspirants should be dedicated and well prepared to be able to excel in the examination. Candidates should be well acquainted with the CAT syllabus and all the sections like Reading Comprehension & Verbal Ability, Logical Reasoning & Data Interpretation, and Quantitative Aptitude. They should also practice CAT previous year’s question paper to get familiar with the exam pattern and question pattern.
The specifications that MBA aspirants generally prefer are:
- Human Resource (HR)
- Finance
- International Business
- Marketing
- Information Technology (IT)
For admission in the best MBA colleges in the country, aspirants have to get a good rank at the MBA entrance exams like CAT, XAT, SNAP, etc. Here is the list of some of the best MBA colleges in India.
Rank | Name of the Institute | Important Accreditations | Location | Score | Average Salary Offered (in L.pa) |
1. | Indian Institute of Management- Ahmedabad (IIM- A) | EFMD EQUIS | Ahmedabad, Gujarat | 78.96 | 21.14 |
2. | Indian Institute of Management- Bangalore (IIM- B | EFMD EQUIS | Bengaluru, Karnataka | 78.82 | 21.03 |
3. | Indian Institute of Management- Calcutta (IIM- C) | AACSB, EFMD EQUIS, AMBA | Kolkata, West Bengal | 76.60 | 21.00 |
4. | Indian Institute of Management- Lucknow (IIM- L) | AMBA | Lucknow, Uttar Pradesh | 71.58 | 18.3 |
5. | Indian Institute of Management- Kozhikode | AMBA | Kozhikode, Kerala | 65.41 | 17.10 |
6. | Indian Institute of Technology- New Delhi | – | New Delhi | 64.51 | 14.71 |
7. | Indian Institute of Technology- Kharagpur | – | Kharagpur, West Bengal | 63.12 | 14.3 |
8. | Indian Institute of Technology- Roorkee | – | Roorkee, Uttarakhand | 62.46 | 13.6 |
9. | Xavier Labour Relations Institute (XLRI)- Jamshedpur | AMBA, AACSB | Jamshedpur, Jharkhand | 61.08 | 15.6 |
10. | Indian Institute of Management- Indore | AMBA | Indore, Madhya Pradesh | 59.59 | 15.67 |
Ranking of the MBA institutes and colleges in India is done on the basis of the Ministry of Human Resource Development (MHRD) approved National Institutional Ranking Framework’s (NIFR) rankings. Aspirants can use this list to set their objectives and thrive to work hard for their respective examination.
CAT (Common Admission Test) score is considered in most of the prestigious colleges in India like IIMs. So, aspirants should work hard for this exam and be well prepared to score well. Sections like data interpretation, quantitative aptitude, and logical reasoning must be well prepared to score well in the exam and get a seat in the best MBA colleges in India.