Top 10 MBA Colleges in Coimbatore 2019

With India’s economy rapidly growing and businesses playing a crucial role in the development, demand for business professionals is at an all-time high. There is a rising need for thought leaders who can help businesses tap into the growing Indian economy. Similarly, the ‘startup’ and ‘entrepreneurship’ are now buzzwords among freshers as well as working professionals.

This makes MBA courses far more relevant than they were ever before. From acquiring business skills and knowledge to having access to better job prospects, there are several reasons for a graduate to go for an MBA course. Even among professionals who’re already working and looking to upgrade their skills or aiming for a transition into a completely new career, MBA makes a lot of sense.

As per a 2017 survey by the Graduate Management Admission Council (GMAC), almost 85% of the MBA programs in India witnessed an increase in application volume. This clearly suggests the rising popularity of MBA in the country. Moreover, MBA programs in India are now available across several specialisations to help students develop management skills in the field of their choice.

Increasing Demand for MBAs

GMACs Corporate Recruiters Survey Report of 2018 suggests that 81% of the companies are planning to hire MBA graduates in 2018 in India. If the whole Asia-Pacific region is taken into consideration, almost 90% of the companies want to hire MBAs in 2018. Moreover, 52% of the global respondents are planning to increase the starting base salaries of MBA graduates.

Throughout the world, MBA graduates are also known to earn a higher salary as compared to people who’ve only completed a bachelor’s degree. These stats clearly indicate the rising demand and scope for MBA graduates not just in India but all over the world.

MBA Options in India vs Abroad

The selection between doing MBA in India or abroad is a major dilemma for a lot of MBA aspirants. While there are several factors like cost of the course, prerequisites for admission, and education quality on the basis of which you can differentiate between the two, the decision majorly depends on what you want to do after completing the course.

For instance, if you’re interested in sales and marketing in India, MBA here would help you understand the local dynamics and build a stronger network. Similarly, if you want to make a career in import/export, it’d be great if you understand the global outlook of the industry. In such cases, MBA in abroad could be a better option.

Understand the benefits and drawbacks of both to make the right decision. Note that while MBA in abroad can be a better option for your friend, the same might not be right for you. So, it is essential to understand your condition and expectations to make the right selection for yourself.

Types of MBA Courses and Key Differences Between Them

There are primarily three different types of programs offered by MBA institutes in India. They are Full-Time MBA, Part-Time MBA, and Executive MBA. As the name suggests, Full-Time MBA is a full-time course which has a duration of 2 years. This course is mostly preferred by students who’ve just completed graduation and are yet to select a field.

Part-Time MBA can be as long as three years as the students are studying and working at the same time. This type of MBA is ideal for people with work experience of up to 2 years or more. As the students study as well as work during the course duration, the batch times are generally very flexible with Part-Time MBA.

The duration of Executive MBA can range from 1 to 2 years. This course is ideal for people with 5-7 years of work experience. Working professionals who want to improve their career potential, enhance their managerial abilities, get international experience in management, and gain leadership qualities generally sign up for an Executive MBA program.

Why Choose Coimbatore as MBA Destination?

While southern cities like Bengaluru, Hyderabad, and Chennai are go-to options for students looking for a top business school, the under-appreciated city of Coimbatore in Tamil Nadu too has a lot to offer. Some of the top reasons to choose Coimbatore as your MBA destination are as follows-

  • Southern Manchester– Coimbatore has earned the tag of “The Manchester of South India” due to its vast textile industry. It is a major textile hub and is also home to more than 25,000 business enterprises spread across different industries. This ensures that the students are always surrounded by industries and businesses throughout their stay in Coimbatore for their MBA course.
  • Educational Hub of Tamil Nadu- The quality of education in Coimbatore is one of the best in India. The city has a host of reputed institutes and universities for higher education, including several top MBA colleges. Moreover, most of the colleges have vast natural vistas around them and offer amazing views and a peaceful learning experience.
  • Affordable- As compared to other popular cities like Mumbai and Delhi, Coimbatore is known to be more affordable. Students can easily find accommodations across a wide range of price points for their stay in the city. Moreover, the city is also a foodies paradise with a decent nightlife and a host of popular tourist spots.

But as Coimbatore is home to a number of popular business schools, a lot of MBA aspirants find it difficult to make the right decision. If you’re looking for a top MBA institute in Coimbatore, one from the list of 10 mentioned below can be a great choice.

Top 10 MBA Colleges in Coimbatore 2019

 

PSG Institute of Management (PSGIM)

Ranked 33rd by NIRF in 2018, PSG Institute of Management (PSGIM) is a go-to option for aspirants looking for a top MBA institute in Coimbatore. This private business school started as the Department of Management of the esteemed PSG College of Technology in 1965 before branching out as a standalone business school in 1994. This also makes PSGIM one of the oldest business schools in India.

Course Name- Entrance & Eligibility

PSGIM offers full-time and part-time MBA programs. The duration of the full-time MBA program is 2-years while the same for the part-time program is 3-years. MBA specialisations offered by the institute include Marketing, Human Resources, Finance, Systems, and Operations. The institute accepts entrance tests like CAT, MAT, and TANCET.

For full-time MBA at PSGIM, a student should hold a bachelor’s degree with minimum 50% marks in aggregate with or without any work experience. For the part-time program too, one needs to have a bachelor’s degree with 50% marks along with a minimum work experience of 2 years.

Placement at  PSGIM

In the last few years, PSGIM has been able to offer placements to almost 100% of the students. The salary offered to the candidates range between Rs. 4 lakhs to Rs. 15 lakhs. From start-ups to the public and private sector, a large number of companies regularly visit the institute to offer job opportunities to the students. Some of the top recruiters at PSGIM are Parrys, Vodafone, HDFC Bank, Essilor, TCS, Kotak Securities, Wipro, and Coca-Cola.

Differential Factor

What differentiates PSGIM from other MBA institutes in Coimbatore is the dynamic combination of quality education and affordability. The institute has been able to maintain an excellent reputation over the years and is still one of the most affordable institutes not just in Coimbatore but all over the country.

Contact Details

  • Address: PB No. 1668, Peelamedu, Coimbatore-641 004, Tamil Nadu, India
  • Phone: +91 422- 4304444
  • Website: https://psgim.ac.in

Coimbatore Institute of Management and Technology (CIMAT)

Founded in 1996, Coimbatore Institute of Management and Technology is an autonomous institution established by the Kalaimagal Educational Trust. The institute is approved by AICTE (All India Council for Technical Education) and is affiliated to the Bharathiar University in Coimbatore. The business school is also accredited by the NAAC and has received “A” grade from the council.

Course Name- Entrance & Eligibility

CIMAT only offers full-time MBA programs which have a duration of 2 years. The program is available in specialisations like Marketing, Human Resource, Systems, and Finance. The students are selected based on their CAT scores and post-graduation marks. Final selection is made after a personal interview with the students.

To be eligible for the full-time MBA program at CIMAT, a student should hold a bachelor’s degree from a recognised university with at least 50% marks.

Placement at CIMAT

From the recent 2016/18 full-time MBA batch at CIMAT, more than 60 students got job offers with the highest salary package being Rs. 9 lakhs per annum. Top recruiters at the institute include Byju’s, Zalaris, Jaro Education, Karvy, Future Generali, IDBI Federal Life Insurance, and CLOP Technologies.

Differential Factor

CIMAR is one of the few NAAC accredited MBA institutes in Coimbatore. It has received “A” grade from the council. Moreover, the institute is also approved by AICTE, HRD and is also ISO 9001:2008 certified. All these approvals and accreditations received by the institute speak volumes about its quality of education.

Contact Details

  • Address: Vellimalaipattinam, Narasipuram (Post), Thondamuthur, Coimbatore- 641 109.
  • Phone: +91 422- 2970131/32
  • Website: https://www.cimat.edu.in

Jansons School of Business

Just like CIMAT, Jansons School of Business in Coimbatore is also AICTE approved and affiliated to the Bharathiar University. It is also accredited by the NBA and has received ‘A++’ level from Business India in its ‘Best B-School Survey’ of 2017. The autonomous institute was established in 2002 and is well-known for its state-of-the-art infrastructure which offers all the amenities the students could ask for.

Course Name- Entrance & Eligibility

Jansons School of Business only offers 2-year full-time MBA programs in specialisations in Finance, Human Resources, Marketing, Operations, and Systems. While admission is mostly based on the MAT score of the candidates, scores of other competitive exams like XAT, CAT, TANCET, and ATMA are also considered for short-listing. Final selection is made post group discussion and interview.

To be eligible for an MBA program at the institute, one should have a bachelor’s degree from any of the recognised university/college.

Placement at Jansons School of Business

Placement too is pretty great at the institute, and more than 80% of the students from the recent batch received campus placement with the average annual package being more than Rs. 7 lakhs. City Union Bank, ICICI Bank, TCS, Deloitte, ITC Limited, Airtel, Asian Paints, and Jaro Education are some of the top recruiters of the institute.

Differential Factor

Jansons School of Business’ strength is its infrastructure and quality of education. Majority of the alumni agree that the institute has one of the best infrastructures among top MBA colleges in Coimbatore with facilities like well-maintained hostels, sports, gym, library, cafeteria, auditorium and more. Even the practical teaching approach of the institute has received rave reviews from the past students.

Contact Details

  • Address: Karumathampatti, Coimbatore, Tamil Nadu- 641 659
  • Phone: +91 421 233 6161 /62/63/64/65
  • Website: http://www.jsb.ac.in

Hindusthan College of Engineering and Technology

Founded in 2000 by industrialist and philanthropist, Thiru.T.S.R. Khannaiyann, Hindusthan College of Engineering and Technology is an autonomous institution which offers a host of undergraduate and post-graduate programs, including MBA. The institute is AICTE approved and affiliated to the Anna University of Chennai. NAAC has accredited the business school with ‘A’ grade, making it an excellent choice for aspirants looking for a top MBA college in Coimbatore.

Course Name- Entrance & Eligibility

The institute offers 2-year full-time MBA program with specialisations in Human Resource, Finance, and Marketing. Scores of competitive exams like MAT and CAT make you eligible for an MBA program at the institute. You also need to have a bachelor’s degree from any recognised university to apply for the course.

Placement at Hindusthan College of Engineering and Technology

The institute also offers excellent placement with the majority of the students finding job opportunities during the campus placement drives. The average annual salary of the students after the selection is Rs. 3 lakhs. Companies like Accenture, Amazon, Cognizant, Tech Mahindra, Wipro, and IndusInd Bank regularly visit the institute to offer jobs to MBA students.

Differential Factor

The institutes USP is its affordability. As compared to most top MBA institutes in Coimbatore, the MBA course fee at the Hindusthan College of Engineering and Technology is more affordable. Nevertheless, students do get all the essential amenities, and the institute has a well-developed infrastructure to help students experience a healthy learning atmosphere.

Contact Details

  • Address: Othakkalmandapam (Post), Pollachi Main Road, Coimbatore- 641 032, Tamil Nadu, India
  • Phone:+91 422 293 0216
  • Website: http://hindusthan.net

Amrita School of Business

Amrita University was established by Sri Mata Amritanandamayi Devi (Amma) who is famous all over the world for her humanitarian work. Amrita School of Business is one of the branches of the university which was founded in 1996. Known as one of the best B-schools in India, Amrita School of Business is well-known for its faculty and placement statistics.

Course Name- Entrance & Eligibility

Amrita School of Business offers full-time 2-years MBA with various specialisations along with part-time 3-years Executive MBA. Moreover, it also offers MBA/MS in Management with the esteemed University of Buffalo, USA, and MBA/MSc in Business Administration and International Management with Institut Mines-Telecom Business School of France.

Competitive exam scores of CAT, MAT, GRE, XAT, GMAT, and CMAT are required to apply for an MBA course at the institute. Also, one needs to have a valid bachelor’s degree from a recognised college/university. Final selection is made based on an entrance test, group discussion, and personal interview in that order.

Placement at Amrita School of Business

The placement statistics of Amrita School of Business is one of the best among other top MBA institutes in Coimbatore. It has a dedicated Corporate and Industry Relations cell and more than 100 companies visit the institute for placements. In the recent 2016/18 MBA batch, the highest annual package received was Rs. 26 lakhs per annum. Birla Sun Life, Bosch, Blue Star, Federal Bank, HDFC, Godrej, Infosys, and Bharat Forge are some top recruiters at this business school.

Differential Factor

Apart from the world-class faculty who come from world-renowned institutes like Harvard, University of Buffalo, and Wharton, what sets Amrita School of Business Apart is the international exposure it offers. The institute has partnered with a number of foreign colleges and universities to offer dual degree programs, and it also has student exchange program with Deakin University of Australia and University of Groningen.

Contact Details

  • Address: Amrita Vishwa Vidyapeetham, Amritanagar, Coimbatore- 641 112, Tamil Nadu, India
  • Phone: +91- 422 268 6274
  • Website: https://www.amrita.edu

Guruvayurappan Institute of Management (GIM)

Guruvayurappan Institute of Management (GIM) was founded in 1995 and is affiliated to the Bharathiar University of Coimbatore. It is approved by AICTE, and NAAC accredits its MBA programs. The institute has a campus spread across 11 acres of lush farms to offer a picturesque and serene learning environment to the students. Its close proximity to the industrial areas in Coimbatore ensures that the students get ample opportunities for practical training and field research.

Course Name- Entrance & Eligibility

GIM offers 2-year full-time MBA program in various specialisations like Finance, Marketing, Production, Systems, Human Resource, Media, Shipping & Logistics, and Healthcare. Students who have a bachelor’s degree and appeared for entrance tests like CMAT, CAT, MAT, and TANCET are eligible for admissions at the institute.

Placement at Guruvayurappan Institute of Management

As the institute is surrounded by the industrial area of Coimbatore, the placement facilities are highly satisfactory. The students are regularly sent for pool placement drives in nearby industrial areas, and a host of popular companies like ZOHO Corp, Colgate-Palmolive, and TataSky are regular visitors during the annual placement drive. During the recent placement drive, the highest annual package received was above Rs. 6 lakhs and the lowest was Rs. 2.4 lakhs.

Differential Factor

The best thing about GIM is its campus. The ISO 9001:2005 certified institute is nestled amid lush farms and coconut groves, providing a peaceful learning experience to the students. The campus has all the necessary facilities and is a stone’s throw away from the industrial areas of Coimbatore.

Contact Details

  • Address: Coimbatore-Palakkad Highway, Navakkarai, Coimbatore- 641 105, Tamil Nadu, India
  • Phone: +91 422 265 6213, +91 805 688 5577
  • Website: http://gimat.org  

Karunya School of Management (KSM)

Under the aegis of the renowned Karunya Institute of Technology and Science, Karunya School of Management (KSM) came into existence in 1994. The AICTE approved, and the NAAC accredited institute has been ranked as one of the top 100 business schools by Dalal Street. Moreover, Careers 360 magazine has given KSM a ‘AAA’ rating for its MBA program.

Course Name- Entrance & Eligibility

KSM offers 2-year full-time MBA program with specialisation areas like Human Resource, Finance, Business Analytics & Entrepreneurship, Marketing, International Business, and Operations, Management and Supply Chain Management. To be eligible for the MBA program offered by KSM, one is needed to have a bachelor’s degree with at least 50% marks and appeared for competitive exams like CAT, MAT, or XAT.

After the candidates are shortlisted, there is a Karunya Management Aptitude Test on the basis of which the final selection is made.

Placement at Karunya School of Management

The placement statistics of KSM has been consistently improving in the past few years. At the recent placement drive, more than 100 students received placement offers with three students receiving double offers. More than 40 companies, including the likes of Amazon and Byju’s visit the institute, and the highest package received last year was Rs. 12 lakhs p.a.

Differential Factor

KSM is one of the few MBA institutes in Coimbatore that excel in every department essential for an MBA aspirant. From its campus, quality of teaching, faculty, placement, to affordability, KSM has an excellent reputation among B-schools in the city and is an ideal option for students looking for a healthy learning environment with good industry exposure.

Contact Details

  • Address: Amman Kulan Road, Karunya Nagar, Pudur, Coimbatore- 641 105, Tamil Nadu
  • Phone: +91 422 261 5615, 1800 425 4300 (Toll Free)
  • Website: http://www.karunya.edu

KCT Business School (KCTBS)

KCT Business School was established as a constituent department of the famous Kumaraguru College of Technology (KCT) in 2005. Since its establishment, KCTBS has excelled as a business school and is a go-to option for a lot of students looking for a reputable and affordable MBA institute. Approved by AICTE and accredited by NAAC with ‘A’ grade, the institute is affiliated to the Anna University of Chennai.

Course Name- Entrance & Eligibility

KCTBS only offers 2-year full-time MBA program in specialisations like Marketing, Human Resource, Finance, Operations, and Systems. It accepts CAT, MAT, and TANCET  entrance test marks and one also needs to have a valid bachelor’s degree to be eligible for the MBA program. There is also an entrance test and personal interview on the basis of which the candidates are shortlisted for admission.

Placement at KCT Business School

KCTBS also has excellent placement statistics with more than 94% of the students from the 2016 MBA batch receiving job offers during the annual placement drive. The highest salary awarded during the placement drive was Rs. 13 lakhs while the lowest was around Rs. 4 lakhs per annum. Top recruiters at the institute are Colgate Palmolive, Honeywell, Federal Bank, Redington, ZOHO Corp, Landmark Group, and Asian Paints.

Differential Factor

KCTBS lays a major emphasis on practice-based learning and practical training, allowing the students to have a first-hand experience of how businesses function. This methodology proves highly beneficial for the students once they start working in the real world. Moreover, the institute has been able to create an entrepreneurial environment at the campus and supports business plans and start-up ideas of the students.

Contact Details

  • Address: Kumaraguru College of Technology, Saravanampatty, Coimbatore- 641 049, Tamil Nadu
  • Phone:+91 422 266 1100
  • Website: http://kctbs.ac.in

Sardar Vallabhbhai Patel International School of Textiles and Management (SVPISTM)

Established under the aegis of the Ministry of Textile, Government of India, in 2002, Sardar Vallabhbhai Patel International School of Textiles and Management (SVPISTM) is the only business school in Coimbatore to offer MBA specialisations that revolve around the textile industry. The business school is affiliated to the Central University of Tamil Nadu and NCUTE (Nodal Centre for Upgradation of Textile Education).

Course Name- Entrance & Eligibility

SVPISTM offers 2-year full-time MBA programs in unique specialisations like Textile Management, Apparel Management, and Retail Management. Each specialisation only has 30 seats and admission is awarded on the basis of MAT entrance exam scores and UG exam marks.

Placement at Sardar Vallabhbhai Patel International School of Textiles and Management

SVPISTM has excellent relationships with a number of textile industry leaders and was able to achieve 100% placement for its 2016/18 batch. Leading companies like Synthesis, Aditya Birla Group, and Vardhman Textiles were top recruiters last year, and the highest salary was Rs. 3.6 lakhs with the lowest being Rs. 2.5 lakhs.

Differential Factor

SVPISTM is the only business school in Coimbatore to offer MBA program in textile and apparel management. The institute is highly recommended for students who’re looking to build a career in the textile industry. It provides excellent industry exposure along with comprehensive training, education, and placement support.

Contact Details

  • Address: 1483, Avanashi Road, Peelamedu, Coimbatore- 641 004, Tamil Nadu
  • Phone: +91 422 257 1675, +91 422 259 2205
  • Website: http://svpistm.ac.in/

GRG School of Management Studies (GRGSMS)

GRG School of Management was established in 1993 and is one of the few business schools in the country that are exclusively dedicated to women. The institute is AICTE approved and has received “Best Innovative B-School in teaching Methodology Award” by DNA and Stars of the Industry Group for two consecutive years.

Course Name- Entrance & Eligibility

GRGSMS offers 2-year full-time general MBA program as well as MBA programs in specialisations like Finance, Human Resource Development, Marketing, and Entrepreneurship. To be eligible for MBA program at the institute, one needs to have a bachelor’s degree with at least 50% marks and appear for MAT or TANCET entrance exam. There is also a personal interview for final selection.

Placement at GRG School of Management Studies

GRGSMS is also known to offer excellent placement to the students every year. In the recent placement drive for students of 2016/18 batch, more than 40 students received job offers. Companies like Nestle, TCS, HCL, Vodafone, Axis Bank, HDFC, Ford Financial Services, and SBI are top recruiters at the institute.

Differential Factor

What sets GRGSMS apart from other top MBA colleges in Coimbatore is the fact that the business school is only for women. Female students who prefer learning in a non-co-ed environment are ideal candidates for this institute.

Contact Details

  • Address: PSGR Krishnammal College for Women, Peelamedu, Coimbatore- 641 004, Tamil Nadu
  • Phone:+91 422 429 5959
  • Website: https://www.grgsms.ac.in

Conclusion

If you’re searching for top MBA colleges in Coimbatore, these are some of the best options. With the rising popularity of MBA courses, the majority of the business schools not just in Coimbatore but all over the country have significantly improved their standards to offer the best to the students. This has further added to the complication of selecting one for your MBA studies.

However, there are a few factors that can help you make the right decision. When browsing through the MBA institutes, make sure that you thoroughly check the specialisations offered by the institute, their reputation, infrastructure, amenities, approvals and accreditations, and course fee. Compare the institutes on the basis of these factors, and you’d probably find one that perfectly matches your expectations.

Specialisations in MBA

In India, MBA programs are now available across more than 30 specialisations. However, some of them are more popular than the others. If you’re confused with the specialisation that you should select, these are some of the top options that you can consider-

  • Marketing: Marketing now plays an ever-important role for every business due to the cut-throat competition across all the industrial sectors. If you opt for this specialisation, you will get excellent insights into all the different key areas of businesses, including competitive analysis, market research, customer analysis, consumer behaviour, product management, and advertising among others.
  • Finance: Finance too is a trendy choice among MBA aspirants. Finance-related jobs are prevalent for their high salaries. With finance specialisation, you’ll get to know how company finances work. You’ll also get in-depth knowledge about financial theories and how they can be implemented to solve business problems.
  • Human Resource: If you go for HR specialisation, you’ll know how to manage, acquire, and retain the workforce in an organisation. This specialisation will make you a master of practices used for managing the workforce and executing work processes related to selection, recruitment, job designing, compensation, managing company exits, development and training, motivation and assessments.
  • Entrepreneurship: This specialisation is all about developing strategic skills and knowledge for launching a business of your own. The curriculum with this specialisation generally involves a lot of real-world projects and practical training to help students understand how businesses handle difficult situations. If you always wanted to own a business of your own, this is the specialisation for you.
  • Information Systems: Technology is now extensively used across every industrial sector. This has resulted in a rising demand for professionals who not only have the technical expertise but business management expertise too. Network security, system analysis, supply chain management, data analytics, and online business are some of the most important areas covered in this specialisation.
  • Operations Management: With this specialisation, you’d get to know how service or manufacturing systems can be managed in a way to make sure that your organisation has the edge over its competitors. Manufacture, product design, team coordination, quality control, and supply chain management are some of the most important aspects of this specialisation.

Careers Choices after MBA

Completing MBA opens up innumerable career prospects for any student serious about building a successful career. Irrespective of the specialisation you select, you’ll have a host of career choices once you’ve completed your MBA. Some of the top career choices in India among people who’ve done MBA are as follows-

  • Finance Managers
  • Marketing Managers
  • Company Executives
  • Human Resource Managers
  • IT Managers
  • Administrative Managers
  • Management Consultant
  • Entrepreneurship
  • Investment Banker
  • Operations Manager
  • Financial Advisors
  • Management Analyst
  • Venture Capitalist

These are only a handful of options that majority of MBA graduates generally consider. Apart from these, there are several other exciting career choices that offer excellent pay and future potential. Consult your MBA institute or their placement cell to know more about exciting career opportunities you can consider after finishing your MBA. But when doing so, make sure that you keep your strengths and weaknesses in mind.

Conclusion

No matter if you’ve just completed graduation or are already working, MBA is one of the few courses that offer amazing prospects. It brings you a host of excellent career opportunities, providing you with all the skills and knowledge to establish yourself firmly in the field of your choice.

Irrespective of whether you go for general MBA or pick a specialisation, rest assured that the course would play a very crucial role in your career. If you’re interested in doing your MBA in Coimbatore, consider the top MBA institutes mentioned in this post, and you’re sure to make an excellent decision.

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Posted by Yogit Tyagi