Best MBA Colleges in India
With the rise of industrialisation in the early 20th century, there introduced new scientific
approaches to the management field leading to the popularity of the MBA courses all over
the world. And here in India, has hundreds of universities, colleges and business-specific
institutions which offer high-quality MBA programs and unforgettable cultural experiences to
In today’s corporate world, getting a management degree is crucial for anyone aspiring to get the senior-most position in a reputed organisation. Earning an MBA degree not only promises you a secure job but also ensures continuous growth and success in today’s job market in India and abroad.
What are the types of MBA Degree?
- Two-year (Full-Time) MBA
- Part-Time MBA
- Evening (Second Shift) MBA
- Modular MBA
- Executive MBA (EMBA)
- Full-time Executive MBA
- Distance Learning MBA
- Blended Learning
- MBA Dual Degree
While the cost of an MBA course in the US or Europe can reach up to $1,00,000 the Indian MBA colleges offer internationally competitive degrees at an affordable price with attractive scholarships.
Why pursue an MBA
- To launch a progressive career
- To make a shift in career, if you already are an experienced professional
- To nurture an innovative outlook
- To network with the best in the market
- To add a brand value to yourself
- To enhance personal growth
- To start a business/ start-up/ turn entrepreneur
- To move to another location
The minimum eligibility criterion for admission is at least a 3-year bachelor's degree with at
least 50 per cent marks or equivalent (45 per cent for SC/ST or persons with disability
(PWD) category, of any of the Universities (please check specifications) or possess an equivalent qualification recognised by the Ministry of HRD, Government of India.
The Bachelor's degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education after completing higher secondary schooling.
Management professionals are hired by a wide variety of industries, MNCs, offices and
organizations. Both government and private job opportunities are available in front of them.
Corporate houses, MNCs, NGOs, Educational Institutes, Healthcare setups, Government organizations, Industries, Finance institutes (banks, private enterprises etc) etc are known to recruit MBA graduates. Actually, the list of recruiters would go on and on, management professionals are needed by many firms!
Once you know why you want an MBA degree, you should be prepared with a knowledge base of jobs that require this degree. Based on that, you may nurture your career interest. Client relations, consulting, business planning, resource or system analysis may be a part of your job profile, but let's take a more specific view of the job opportunities after an MBA:
Banking & Finance
This includes security & investment analysis and portfolio management. These jobs,
available with banks, security firms, insurance companies, and various financial
organizations, require a professional to make right choices about investments. Related job
profiles are in Corporate Treasury, Business Operations and Credit Analysis. Such jobs are
typically offered by companies such as Goldman Sachs, J.P. Morgan, Nomura, RBS,
Other job opportunities in banks are for Commercial Banking, Liabilities Product Management, Cards Management, Transaction Banking, Corporate Banking, Compliance, Wholesale Risk, Credit Risk, Relationship Management and Treasury. Banks like ICICI Bank, Yes Bank, Kotak Bank, Axis Bank, State Bank of India, HDFC Bank and RBL hire MBA graduates for such roles.
Information System Management
This requires a more technology-focused candidate, day someone with an MBA in Information Systems. Such candidates identify fresh and up-to-date technologies to serve an organization better. They provide a thorough cost analysis for use of the right technology while working with financial and managerial departments.
This is a job in demand. Companies that hire for this role include SBI Capital Markets, Motilal
Oswal & Bank of America Continuum among many others. The right candidate functions as
an underwriter. He/she has to connect investors to fund-needing organizations. The
candidate must have the acumen to analyze what fits best for the client. They deal with
acquisitions and mergers as well as clients. Other job profiles include those in Treasury,
Securities and Investment Management.
Other than an office job, entrepreneurship is another opportunity available in front of MBA graduates. If you are an entrepreneur at heart, you may start your own venture or business. Other than that, working as an independent consultant is another excellent option!
On average, the starting salary of an MBA graduate could be anywhere between 40-80K
INR per month. In the case of a Government job, the salary will be as per the pay scale and
Salary will also depend on the type of work you take up after completing the course. If you start your own business, profit generated (by the business) will matter the most (rather than your salary). The same thing rings true if you choose entrepreneurship.