Top 10 MBA Colleges in Kolkata | Rank | Fee | Syllabus | Placement

Top 10 MBA Colleges In Kolkata

Searching for the MBA Colleges in Kolkata? Here’s the list of the Best MBA Colleges in Kolkata drafted and crafted by the WAC’s research team to help you make the right decision. What is MBA?

What is MBA?

Ace of Business Administration (MBA) is one of the most mainstream post-graduation alternatives. Particularly, for competitors who are keen on the business. In the serious market of today, getting an MBA from a decent school is a passage to plenty of professional openings. It is ideal for new alumni just as competitors with work understanding. An MBA degree helps in creating incredible administrative aptitudes requested by the corporate. Understudies are likewise presented to an immense business arrange wherein they can gain from specialists and companions.

According to education and recruitment experts, today there are more than 50 specializations within MBA which speak volumes of the intense demands for MBA graduates. At this point, the reason for the need of various industries and firms or even economies for employees who have an MBA degree is due to the fact that every organization requires management wings. Demand for MBA graduates is so strong across some regions of the world like Asia Pacific, South Asia, Europe, North America, and Australia that 9 in 10 companies aim to hire MBA graduates. According to the Graduate Management Admission Council’s Recruitment Survey,  in the US alone, 55% of companies either plan to hire or are open to hiring an overseas candidate from a background in MBA. Thus, MBA Colleges are practically an entry into professional success.

To begin with, one needs to consider the means through which they can enter an MBA College. For India’s B-schools, one has to most likely score in CAT whereas, for an MBA degree abroad, the most standard test to appear for is GMAT. Prospective applicants should note that some Indian schools accept GMAT scores as well. If the goal is to get a top-of-the-line management degree from abroad, then an outstanding academic record, as well as a high GMAT score, is a crucial requirement. Universities abroad also look for candidates with relevant work experience. In India however, these requirements can be flexible depending upon the grade of MBA College. The core difference between an MBA degree from outside India and within India is the degree of exposure; sometimes the course curriculum might be the same in both cases, but the exposure may be different. Another critical factor to be considered while choosing between overseas and Indian management degrees is the difference in tuition fees as well as living expenses. While India offers relatively cheaper living costs and manageable tuition fees, one cannot guarantee the same with an MBA abroad.

MBA Colleges offer this course in numerous modes: low maintenance, full-time, leader, or quickened courses. Various modes have highlights of their own.

A full-time MBA program in India by and large ranges more than 2 years of escalated preparation. This model is additionally the most well-known sort of MBA course that is offered in India. Classes are commonly held throughout the week with workshops and different exercises occurring during the ends of the week.

Low maintenance MBA is commonly a full-time MBA course that is finished over a time of 3-4 years. Classes are either held throughout the end of the week or at night time on non-weekend days. This mode is ideal for working people.

These courses are customized MBA programs for working experts. The educational plan for chief MBA programs obliges modern and corporate needs to prepare experts into turning out to be corporate pioneers of things to come. The span of this course might be 1-2 years.

These are the one-year variation of the conventional two-year MBA program. Study load in this course might be more concentrated when contrasted with different modes and this is most appropriate for the individuals who have huge work understanding.

With the growing demand for MBA, students can bag excellent opportunities in the public as well as private sectors. The listing below the highest and average salary comparison for MBA Colleges in Kolkata for 2019

Some of the job profiles offered after completing MBA are:

  • Finance Manager
  • Marketing Manager
  • Sales Manager
  • Human Resources Manager
  • Operations Manager
  • Product Manager
  • Data Analytics Manager
  • Digital Marketing Manager
  • Advertising Sales Manager
  • NGO Manager

How To Choose MBA Colleges in Kolkata?

The student life in a city like Kolkata is much more than an enriching experience. Kolkata is one of the safest cities in India and an excellent hub for higher education in the country. With its historical heritage springing far and wide across the city, living in Kolkata is a wholesome and pleasant experience. The streets of Kolkata are a peculiar wonder in themselves, and some festivals like the Durga Puja are events that everyone should look forward to. When it comes to choosing from top 10 MBA colleges in Kolkata, they are a perfect destination for your career goals as Kolkata houses some of the best b-schools in the South Asian region as a whole. Since Kolkata itself is a financial and economic hub, the chances of internship and work opportunities are plenty too. The specialisations within MBA offered by Colleges in Kolkata also have a wide range which makes making a decision for prospective students, much easier.

Why Choose Kolkata as an MBA Destination?

A Master of Business Administration degree is a perfect postgraduate qualification for those who intend on exploring the corporate life. The course enables students to acquire high levels of knowledge and skill set in business management. MBA is a course that is universally valued by employers all around the globe. It is also one of the most popular professional postgraduate programmes in India as well as abroad. The benefits of pursuing an MBA are multiple. To begin with, the salary potential of the jobs that one bags after completion of MBA from top 10 MBA colleges in Kolkata is extremely high. Not just this, with an MBA in hand, might give you the right impetus to enrich your startup idea or make any entrepreneurial decisions. The kind of knowledge that one acquires in the course of doing MBA are exclusive in nature as well as specifically skill-based. Management is indeed a sought-after career for students in which they foresee success in their professional lives. If someone manages to do their MBA from one of the top 10 MBA colleges in Kolkata, their likelihood of getting employment within the last term is exceptionally bright.

List of Top 10 MBA Colleges in Kolkata

The Institution’s / Organization’s Ranking done by WAC is a result of the research done by our team. It is totally Independent of the Rankings done by the Govt. Bodies. if any Institute has any Queries regarding any Information Updates or has conflicting ideas in terms of Ranking positions can contact us. Email at rishabh@wac.co.in or Call on +91-9818198188.

So in your search of the MBA Colleges in Kolkata, we are suggesting you the Top 10 MBA Colleges in Kolkata:

Rank 1 in the List of Top MBA Colleges in Kolkata

Rank 1: Indian Institute of Management | MBA College in Kolkata

IIM Calcutta (IIMC) was founded as the first national college for postgraduate education and research in management by the Government of India in 1961 in collaboration with the Alfred Sloan School of Management. It is the third-best government management college in the country according to NIRF Ranking 2018.  Some of its founding faculty members included the famous Jagdish Seth, J.K Sengupta, and others.  Today, this MBA College is an autonomous body and has become one of Asia’s finest business schools.

IIMC offers Post Graduate Diploma in Management (PGDM) which is designed to refine students into outstanding general managers and high-level decision-makers. The eligibility for joining the course is to have a 90 percentile score in CAT and a minimum educational qualification of a bachelor’s degree or equivalent. Candidates appearing in their final year of bachelor’s or equivalent are also eligible to apply on a provisional basis.

IIMC being a top MBA college in management and research across the country is renowned for the exclusive placement opportunities its MBA course offers. Students of the course enjoy a wide array of sectors and companies, and the recruiters are globally based too. Recruiters also range from retail majors, private equity firms, investment firms, and banks as well as financial institutions.

Since its students are selected by a competitive process, IIMC makes sure that its chosen pupils are encouraged not just to do the theoretical study, but also learn by participating in seminars, business plan competitions, branding exercises, career advancement clubs, and some cultural activities.  Its focus on research has compelled it to be one of the top MBA colleges in the country.  IIMC also has a beautiful campus and infrastructure, along with one of the best management faculties in India.

Contact Details

  • Address: Indian Institute Of Management Calcutta, Diamond Harbour Road, Joka, Kolkata (Calcutta) – 700104
  • Phone Number: +91-33-2467-9178
  • Email: pgpadmissions@iimcal.ac.in
  • Website: www.iimcal.ac.in
Rank 2 in the List of Top MBA Colleges in Kolkata

Rank 2: Indian Institute of Foreign Trade

Established in  1963 by the Government of India, IIFT was set up as an autonomous organization to give better structure to India’s foreign trade management and give due importance to export. IIFT falls in the top 25 MBA Colleges of India as per NIRF 2018 rankings. With a special focus on trade and finance, the College has been was accredited with an A Grade by NAAC. IIFT offers its flagship MBA program along with some unique research courses like Ph.D. for executives and experienced professionals.

The institute offers a full-time two-year MBA as well as a part-time MBA in addition to an executive MBA course. The two years full-time MBA course gives specialization in international business which makes it the flagship degree offered by IIFT. The course is organized in a six-trimester program. The curriculum for MBA (IB) is designed to suit international needs as well. Eligibility criteria is a recognized Bachelor’s degree of minimum of three years’ duration in any discipline or anticipated undergraduate for last semester students. There is no age limit. The admission test is an IIFT exclusive entrance test which is a multiple choice objective type written test (in English).

As per the Director of IIFT, the MBA College offers 100% placement to its students. Recruiters include top companies from across the globe as well as within India like ITC, BMW, Airtel and Vodafone, Edelweiss, Hewlett-Packard, PepsiCo, Sterlite Power, Volvo-Eicher Commercial Vehicles, Google, Axis Bank, Shell, and Maruti Suzuki India Ltd.

IIFT’s Kolkata campus is considered to be one of the best college campuses in eastern India. The unique feature about this top MBA college is that it offers MBA in a specialized arena such as international business which has currency within India and across the world. IIFT’s special feature lies in its curriculum that stresses research in international business in addition to basic training.

The campus is equipped with a vast pool of resources in its library and teachings at IIFT enable students to land in government projects as well.

Contact Details

Rank 3 in the List of Top MBA Colleges in Kolkata

Rank 3: Indian Institute of Social Welfare and Business Management

Constituted in 1953, the Indian Institute of Social Welfare and Business Management was a joint initiative by the University of Calcutta, the Government of West Bengal, the Government of India, and the captains of industry. IISWBM was the first management college in India that was established by the then Chief Minister of West Bengal Dr. B. C. Roy who also served as the MBA College’s Founder-President. The IISWBM Rank stands at 34 as per Business Today’s B-school rankings.

The college offers MBA full-time in the form of day or evening classes. The MBA course at IISWBM provides specialisations in financial management, marketing management, human resource management, system management, and production and operation management. The criteria for entry is honours with a minimum of 50% marks or equivalent course from a recognised university or graduates in any professional course of a recognised university. The selection procedure is based on CAT score of the candidates who have applied to the MBA College followed by cut-off mark clearance, group discussion and personal interview rounds.

Like most MBA programmes, IISWBM’s MBA degree also expects students to get involved in a summer internship. There is a campus placement drive that takes place in two phases of the academic year. The college provides training and placement assistance to students of all programmes and the college boasts of a 96% placement rate among its graduates. The jobs that students of IISWBM get belong to varied industries like manufacturing, FMCG, consultancy, retail or e-commerce, IT or ITES, and others. Some of the companies that have hired IISWMB MBA graduates include Adani group, IBM, Infosys, Axis Bank, Schindler, KPMG, Mahindra Finance, Magma Group, Crisil and many more.

IISWBM was the result of the efforts of some knowledgeable leaders some of whom belonged to a political profession. The college’s performance history has been one of progress in providing quality higher education in the management field. IISWBM also offers MPhil courses, along with short-term courses.

This top MBA college has made itself stand out by providing training and courses in some unique fields like sustainable management and energy security or conservation studies. Also, the College continually conducts guest lectures and workshops for enhancing the skill set of their students.

Contact Details

  • Address: Indian Institute of Social Welfare and Business Management, College Square West, Kolkata-700 073
  • Phone Number: 33 – 2241 3975
  • Email: iiswbm@iiswbm.edu
  • Website: www.iiswbm.edu
Rank 4 in the List of Top MBA Colleges in Kolkata

Rank 4: International Management Institute

The International Management Institute opened their Kolkata campus in the year 2010 which now stands at the 12th position in India’s management college ccording to the NIRF Ranking Report by Ministry of Human Resource Development. This MBA College belongs to the IMI family of B-schools in India. IMI Kolkata has international collaborations and partnerships with more than 10 International B-schools and universities which helps its students in getting involved with foreign exchange programmes.

IMI Kolkata offers an AICTE approved equivalent to MBA which is a Post-Graduate Diploma in Management. It is a full-time programme spanning for 2 years. A total of 25 courses are offered within the degree to students within which there are 12 optional papers that provide specialisation. IMI-Kolkata provides the students with electives in the fields of Marketing, Finance, Operations & IT, Economics and Human Resource Management. Educational qualifications required by the college are minimum 50% in bachelor’s degree or equivalent from a recognised university. The mode of entry is CAT, XAT or GMAT exam.

IMI-K boasts of getting its students placed across more than 100 companies through their in-campus placement cell. The good feature about their placement was the gender parity in it, and the average value of the job package was INR 8.84 Lakh per annum. The sectors of placement varied as well, and some of the notable recruiters include Deloitte, Marico, ITC Limited, Amazon, ICICI Bank, Roche, TATA Capital, Thots Lab, and 50 more such companies.

With partnerships and collaborations with international B-schools, IMI Kolkata offers its students an array of opportunities, both academic and professional. IMI is famous for its in-house publication called IMI Konnect which is a bi-monthly open access management publication.

Recently, IMI-K also introduced its doctoral level programme for the first time for those scholars who want to pursue higher research in various areas of management.  The infrastructure ar IMI-K resounds its reputation as a top MBA college, and the college keeps its students occupied with events like management development programmes, college fest and annual fests.

Contact Details

  • Address: International Management Institute, 2/4 C, Judges Ct Rd, Alipore, Kolkata, West Bengal 700027
  • Phone Number: 33 6652 9600
  • Email: info@im-k.edu.in
  • Website: www.imik.edu.in
Rank 5 in the List of Top MBA Colleges in Kolkata

Rank 5: Army Institute of Management, Kolkata

AIMk, which was formerly the National Institute of Management Calcutta was established in 1997 by the Army Welfare Education Society to conduct management program forwards of army personnel as well as general candidates. This MBA college is accredited by NAAC and has received an award for educational excellence by the Indus Foundation Inc. The college is also affiliated with the West Bengal University of Technology.

AIMK’s 2-year MBA program is a full-time residential course that is designed to train students for a fast-paced corporate and business world. The college offers this program with dual specialization and 128 credit courses divided into four semesters. The method of instruction is spread over lectures, case studies, simulations, and summer internships. For entry into this course, the children of serving army personnel or retired/deceased/released/discharged personnel or even adopted children of remarried widows are given a fixed quota of seats. For all, the minimum educational qualifications are a bachelor’s or equivalent from a recognized university, and the method of selection is via CAT, group discussion, and personal interview.

AIMK’s placement record has been impressive ever since its inception and its students are sought after by industry across various sectors like marketing, finance, and human resource. This MBA college aims to get its students placed in reputed multinationals, government organisations and private sectors by facilitating the selection process of all students via workshops, placement drives and seminars. Some notable companies at the college have been ING, ITC Limited, TCS, Decathlon, PWC, Godrej, Daimler, and HDFC.

The most striking feature about AIMK is the number of seats that it has reserved for children of various personnel across the defence services. Even children of the Ministry of Defence and Army Public School personnel are eligible for such benefits.

Recently, AIMK received the World Education Congress Global Award for its work in academic and industry interface. Students applying to also this college are assured to get exposed to a very different kind of MBA programme and enter into a batch of students who comes from across the country.

Contact Details

  • Address: Army Institute of Management Kolkata, Judges Court Road, Alipore, Kolkata, West Bengal, 700027
  • Phone: 033 24398338
  • Email: aim_kol@rediffmail.com
  • Website: www.aim.ac.in
Rank 6 in the List of Top MBA Colleges in Kolkata

Rank 6: Institute of Engineering and Management

IEM group is an acclaimed educational conglomerate with impeccable standards set for technical and managerial training. The college aims to strengthen its foundation by teaching management and engineering in many specializations with a special emphasis on research and development. IEM has been established in Kolkata as the first self-financed college in West Bengal and was given the best college of India award by Star News.

The MBA program at IEM is a two-year full-time course that is exceptional for its industry-focused curriculum. The specializations that this MBA College offers are marketing, finance, system, and Human resources management. The eligibility criteria are graduate or postgraduate in any discipline including final year student, and the selection procedure comprises of a CAT/JEMAT score along with own group discussion and personal interview.

IEM has set a reputation for strong placements over many years, and students get multiple offers during placement drives. The highest placement attained has been INR 15 Lakhs per annum. Companies like Abbott, Berger, ITC Limited, DexLab, Idea, ICICI Bank, HP, PWC, TCS, and Godrej have registered with the college’s placement cell. Students get placed under various designations like a manager, consultant, executive, analyst, and branch officer.

IEM has received many awards and was ranked 1st in West Bengal among private institutions as per the NIRF survey. The college also offers its students a chance to study in Europe for a single semester via foreign exchange and also receives many students from Singapore, Thailand, and Europe.

IEM also has a running agreement with the Iwate Prefectural University of Japan as well as Renne School of Business in France.  The college boasts of high industry interaction and a strong alumni network as well as state-of-the-art infrastructure and campus amenities.

Contact Details

  • Address: IEM – College of Management, Management House, D-1, Sector-V, Saltlake Electronics Complex, Kolkata – 700 091, West Bengal, India.
  • Phone No: +91 33 2357 8908
  • Email: admissions@iemcal.com
  • Website: iem.edu.in
Rank 7 in the List of Top MBA Colleges in Kolkata

Rank 7: Calcutta Business School

CBS is an autonomous college that offers AICTE approved management courses. It is a B-school that has an eco-friendly campus and provides many avenues for its students professionally and academically. CBS was founded by Shikshayatan Foundation and is run by former directors of IIMs. The MBA college is among the top 100 b-schools in the country as per Business Today.

The full-time 2-year Postgraduate Diploma in Management at CBS is equivalent to an MBA. It is organized in 6 terms and offers dual specialization opportunities. The program also includes training the students to adapt to the global market and enforces training in the form of workshops and study tours apart from lectures. Eligibility in terms of education is a bachelor’s or equivalent from a recognized university, and the selection procedure is via CAT score.

This MBA college boasts of 100% placement among its PGDM graduates with corporate organizations ranging from Amazon, Religare, ICICI Securities, Motilal Oswal, McLeod Russel, Mondelez International (Formerly Cadbury’s), Godrej, Mjunction, Emami, MTR Foods, Tractors India Ltd., Danieli India, IFB, and many more. Students have also been placed in stable core sector companies as executives or management cadre officers.

CBS is famous for its leadership-building curriculum in which inculcates core learning of leadership management to the students. The various clubs at the college like finance and marketing clubs help students to identify their future in terms of specialization and also learning is imparted through case-based pedagogy.

The college also conducts creative thinking and innovation workshops as well as personality development seminars to enhance the overall growth of their students. The comprehensive training that students receive here allows them to acquire industries-oriented competencies and analyze data in a multi-disciplinary environment.

Contact Details

  • Address: Diamond Harbor Road, Bishnupur, 7 KM from IIM Calcutta, 24 Pargana (S), West Bengal – 743503
  • Phone Number: 033024205225
  • Email: admissions@calcuttabusinessschool.org
  • Website: calcuttabusinessschool.org.in
Rank 8 in the List of Top MBA Colleges in Kolkata

Rank 8: International School of Business and Media

ISB&M Kolkata was founded in 2004 located along the banks of the river Hooghly. This MBA College’s programs are AICTE approved and directed towards employment and career. The college ensures that each and every pupil is trained to enter the job market with the highest competencies and ensures their bright future. ISB&M’s training courses have a reputation for good acceptability and are acknowledged by industry for the position of management/executive.

CBS offers PGDM which is equivalent to MBA and is recognized by the AICTE. It is a two-year dual specialization program that offers core and elective papers. With a total of 130 credits, there is an opportunity to choose a specialization from amongst the fields of marketing, finance, HR, advanced SCOM, and systems as well as media and communication. Educational criteria for entry bachelor’s or equivalent or final year student from a recognized university. The selection procedure takes place after the student clears the cutoff of the CAT score.

The college allows campus placements at management trainee and executive trainee levels, and their internships also need to have a minimum stipend of INR 5000. For ISB&M, career-building is the key element of their mission, and they enable students to learn high-quality professionalism as well as principles to be able to perform better as professionals in a workplace. The companies which offered jobs to students here range from ICICI Securities, Bajaj Allianz, ICICI Prudential, India Invest, HSBC, Liveweek, Alchemist, Sony, Hitachi, Practo, IIFL, Future Group, and many more MNC’s and companies.

ISB&M claims that the college offers unrivaled industry links and course partnerships along with exclusive access to industry insiders. With an emphasis on human connections and networking, this college makes itself stand out by imparting MBA learning in such a way that students learn to become professionals right from the first term of their course. In addition to this, the college has an excellent alumni network that helps in student placement, scholarships, and partnerships.

ISB&M has received the Cambridge ESOL certification which makes it a leading college for English training and has also gained certificate recognition as “Best Education Brands” by the Economic Times.

Contact Details

  • Address: A constituent of People’s Empowerment Group Foundation, Premises No. 330/2, Pujali Trunk Road, Ward No. 9, Mouza – Rajibpur, JL No. 43, Police Station – Budge Budge, Kolkata 700138, West Bengal
  • Phone: 09230562572
  • Email: admissions.kolkata@isbmk.edu.in
  • Website: www.isbm.ac.in
Rank 9 in the List of Top MBA Colleges in Kolkata

Rank 9: Management Development Institute

MDI was set up as an autonomous body in 1973 in collaboration with KFW, West Germany, and with active support from the Industrial Finance Corporation of India. It is considered to be one of the top B-schools for PGPM in India as per Business Today and has global as well as national accreditations. The college also offers management courses in the form of an executive fellow program as well as a fellowship program in management.

Its flagship course is the Postgraduate program in management which aims to help students build and enhance their managerial competence. It is a full-time two-year program that gives students hands-on learning and trains them to become effective business leaders. It even sets its students to have the aids and knowledge, if they ever want to turn to entrepreneurship and emphasizes lateral thinking. Learning includes seminars, lectures, live projects, case studies, assignments, group discussions, experiential learning, business games, simulation exercises, role-plays, educational excursions, field visits, and more. The candidates should be able to furnish a valid score of CAT and must have at least 50% marks or equivalent CGPA in both X and XII. The candidate must have a minimum of three year’s Bachelor’s Degree, with at least 50% marks or equivalent CGPA in any discipline from any University that is recognized.

The college has seen a 41.6% increase in the number of recruiters in the year 2018 and the average package of the placement is INR 9.01 LPA. Sector-wise, the placements have varied across industries, and in terms of specializations, graduates have bagged jobs in market research, HR, operations, finance and sales, and marketing. The companies that have hired students from the college are ICICI bank, Ipsos, VLCC, Tractors India, Ken research, SBI Life, Vinod Kothari Consultants, CCD, Infor, Oyo, TARASafe, and plenty others.

MDIM has continuously been ranked amongst the top 10 B-schools in India as per the NIRF rankings, and it boasts of a 10-acre campus in Murshidabad. It is one of the best campuses in Eastern India. The MBA college is also reputed for its high-quality, experienced faculty which is well known for their academic excellence, and students are provided with a good atmosphere for hands-on experience at management.

The students are also provided with good vocational courses and workshops and seminars to enrich their skill set.

Contact Details

  • Address: Sakim-Katnai, Kulori, P.O. – Uttar Ramna, P.S. – Raghunathganj, Dist. – Murshidabad, West Bengal, PIN – 742235
  • Phone:+91 8348021165
  • Website: www.mdim.ac.in/index
  • Email: admissions@mdim.ac.in
Rank 10 in the List of Top MBA Colleges in Kolkata

Rank 10: Globsyn Business School

The Globsyn Business School has earned the reputation of India’s only ‘Corporate B-school” which draws its diversity by adapting to the global corporate market. It has a special emphasis on teaching its students research and innovation in the form of initiatives like ‘knowledge connect’ or ‘corporate connect’.

GBS offers a postgraduate diploma in management approved by AICTE which is equivalent to an MBA.  It is a two-year full-time course and is accorded equivalence with MBA as per the Association of Indian Universities. The PGDM is spread across four semesters with courses that cover foundations of management, general management, and offers specialization in marketing, finance, HR,  and IT. To be eligible to apply here, one needs to be a graduate from a recognized with a minimum of 50% marks and needs to hold a valid CAT/MAT/GMAT score.

The college claims impressive placements amongst its management students with an increasing rate of recruiters every year. This year, CBS has had companies like Amazon, Mondelez, Reckitt & Benckiser, Asian Paints, Nestle India, Berger Paints, HDFC Bank, Pantaloons, Axis Bank, PwC offer jobs to its MBA students. There have also been instances of students getting placed in companies from Europe, the USA, Australia, and the Far East.

GBS aims to make its management students employable and geared towards excellent corporate performance. GBS is different as it has a different perspective on placement as well as management training for its pupil. The college makes sure that it has a lifelong connection intact with its students which makes the association with GBS evergreen and resourceful.

Under their unique corporate relationship program, GBS has connections within the industry and engages in channels like corporate connect, campus to corporate as well as management apprenticeship programs for its students.

Contact Details

  • Address: Mouza Chandi, PS Bishnupur JL No. 101, Kolkata, West Bengal 743503
  • Phone: +91 82740 04556
  • Email: gbs@globsyn.edu.in
  • Website: www.globsyn.edu.in

Disclaimer

  • The content published on this page is a compiled result of What After College’s Research team. The parameters of the research and the content structure are devised by What After College’s Research Team and it is not in any way related to rankings done by governmental bodies.
  • This research has purely been done by a third party. Kindly contact +91 9818198188 to make desired changes in the contact information related to your college.

Why MBA Course?

An MBA degree makes the understudy table as well as aids in improving pay. With the information picked up during the qualification, understudies can even figure out how to begin their own organization without any preparation. They can get all the important bits of knowledge about business perspectives. Besides, an MBA from Top MBA schools in Bangalore builds your believability and empowers you to seek after different vocation fields and make a decent profile for yourself.

Specializations in MBA

Marketing the executives spin around consolidating and counting the requirements of purchasers to the advertising instruments and assets of an organization. Specialization in showcasing while at the same time doing MBA would imply that the understudy figures out how to manage client requests regarding administration or items, and find out about the expectations in a commercial center.

A fund the board course incorporates perspectives like representing administrative tasks, business correspondence, hierarchical conduct, monetary business sectors and universities, venture examination and portfolio the executives, microfinance and protection, mergers, and a lot more center issues identified with the account.

Such an MBA stream centers around instructing understudies to augment the representative execution and addressing business needs. The rudiments of such a stream incorporate business relations law, mechanical relations, work laws, execution of the board, and examination just as pay assurance and organization of faculty.

MBA specialization in universal business implies that understudies gain proficiency with some center themes that characterize the elements of the worldwide business field like worldwide monetary condition, global business techniques, global business arrangements, just as worldwide correspondence. Such a program means creating business heads that can take on universal administrative jobs.

This stream in MBA centers around preparing understudies about themes like IT vital arranging, IT re-appropriating activities, counseling in IT, venture the board just as developing stages, innovation, and plan of action advancements. This is most appropriate for understudies with a designing foundation in any region of PC sciences.

Career Choice After MBA

Subsequent to obtaining unpredictable, wide, and elite information on the executives, the business and vocation openings that thump at MBA graduates’ doorstep are bounty. A portion of the professional ways and openings for work for graduates recently out of MBA Colleges are:

Required abilities are the board strategies, persuasiveness, advertising and examination.

Required aptitudes are promoting, advertising, interchanges and the executives.

A speculation banking profession is one of the most splendid and fiscally compensating alternatives to pick as an MBA graduate. It includes helping organizations to become their capital by executing choices identifying with the acquisition of value and obligation.

An activities director is a job that compares to a handyman. They supervise numerous parts of the board inside a firm and must be available to adaptable undertakings.

Also a basic job in an organization. A money-related counsel pays a job for organizations as well as people and families in arranging their accounts like protections, advances, speculations, and so on.

MBA degree helps individuals who might need to begin something of their own. It straightforwardly and by implication empowers individuals to begin a business by giving them the intensity of systems administration, or preparing in specific parts of the executives.

Top Recruiters for MBA

MBA graduates from any domain are in high demand. Below is the list of few top companies that recruit MBA graduates along with their placement ratings:

Colleges Placement Ratings (Based on Reviews) Top Recruiters
Indian Institute of Foreign Trade, Kolkata 4.6 Export Trading Group, Lenskart, United Health Group, Paytm, Roland Berger, Samunnati Finance, Aegis Resources, Axtria, Bata, DE Shaw Group, Epik InDiFi, Enhance Group, Tata Global Beverages, Tresvista Financial Services, Zomato, GE Healthcare, etc.
Future Business School, Kolkata 4.4 Aditya Birla Group, Alembic, Angel Broking, Asian Paints, Bajaj Capital, Balaji Telefilms, Berger Paints, BFC, Bridgestone, Calvin Klein, Capital IQ, Deloitte, Emami, HDFC Bank, ICICI Securities, Janalakshmi Financial Services, Jaro Education, Jockey, Just Dial, KPMG, L&T Shared Services Pvt Ltd, Nestle, Netscribes India Pvt. Ltd., PwC, XL Dynamics, etc.
Adamas University, Kolkata 4.3 TCS, IBM, Amazon, Capgemini, Genpact, Accenture, Wipro Technologies, Bentley, Byju’s, Pantaloons, Chowgule Group, Thyrocare, Kary Group, Mphasis, Cummins India Limited, Xento Systems, Sutherland, Epic Systems, etc.
Praxis Business School, Kolkata 4.3 TCS, Capgemini, Milward Brown, L&T Financial Services, Axis Bank, ICICI Bank, IBM, Nielsen, Wipro Analytics, HSBC, Aditya Birla Retail, ICICI Prudential, ICICI Securities, HDFC Bank, etc.
IMI Kolkata 4.3 Deloitte, ICICI Bank, HDFC Bank, Berger Paints, CESC, TCS, JSW, Marico, Reliance, Federal Bank, Amway, Magicbricks.com, Amazon, KENT, Dabur, Godrej, Kotak Life, etc.
Globsyn Business School, Kolkata 4.2 Amazon, RBI, Parle, Amul, Nestle India, PwC, Dabur, Airtel, ITC Ltd., Yes Bank, IndusInd Bank, Oyo, HDFC Bank, Axis Bank, ICICI Securities, Naukri.com, Pantaloons, Zomato, HSBC, Godrej, Jio, Asian Paints, etc.
ICFAI Business School (IBS), Kolkata 4.0 BAJAJ Allianz, Capital First Ltd, Deloitte, Edelweiss Securities, Federal Bank, HDFC Bank, Hinduja Leyland Finance, ICICI, ICICI Prudential, IMRB, IndusInd Bank, ITC, Jaro Education, Kotak Securities, MakeMyTrip, Markets and Markets, PricewaterhouseCoopers, Reliance Jio,  Square Yards, Wacker, etc.

MBA Specialisations Offered in Kolkata

MBA colleges in Kolkata offer diversified specializations:

  • Sales and Marketing
  • Finance
  • Human Resources,
  • IT and Systems,
  • Operations
  • Retail
  • Healthcare and Hospital
  • International Business
  • Business Analytics
  • Supply Chain, and so on.

The most popular ones are:

  • Sales and Marketing
  • Finance
  • Human Resources. 

Admission Criteria of MBA Colleges in Kolkata

The students who prefer to pursue their careers in these colleges can apply through the national-level entrance exams. These include CAT, XAT, MAT, CMAT, and many others. There are some top MBA colleges in Kolkata which do give direct admission to students without entrance exams, but their number is very less.

CAT is the most premier MBA entrance exam in India and is conducted every year in the month of November. More than 2 lakh students appear for the exam to get admission in the prestigious Indian Institutes of Management (IIMs) and other top private B Schools in India.

  • The exam fee for CAT 2019 was INR 1800.
  • The exam has 100 questions in total, divided into 3 sections.
  • Different IIMs take turns every year to conduct the CAT exam. IIM Indore will be conducting CAT 2020.

Some of the top 10 MBA colleges in Kolkata through CAT are mentioned below:

  • Indian Institute of Management (IIM), Calcutta
  • International Management Institute (IMI), Kolkata
  • Management Development Institute (MDI), Murshidabad
  • Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata

Management Aptitude Test (MAT) is a national-level exam conducted by the All India Management Association (AIMA) for admission to MBA/PGDM courses across the country. It is conducted 4 times a year. More than 1000 B-schools accept MAT scores for shortlisting candidates to provide admission to their post-graduate management programs. Some of the top MBA Colleges in Kolkata through MAT are mentioned below:

  • Globsyn Business School, Kolkata
  • Calcutta Business School (CBS), Kolkata
  • Institute of Engineering and Management (IEM), Kolkata
  • Praxis Business School, Kolkata

XAT is an online national-level management entrance exam conducted by Xavier Labour Relations Institute (XLRI), Jamshedpur for providing admission to MBA/PGDM programs in some of the top management colleges across the country. Apart from XLRI, over 700 B-schools accept XAT scores for providing admission to their post-graduate management programs. Some of the top MBA colleges in Kolkata through XAT are mentioned below:

  • International Management Institute (IMI), Kolkata
  • Xavier Business School (XBS), Kolkata
  • Calcutta Business School (CBS), Kolkata
  • Globsyn Business School, Kolkata

Kolkata hosts many top MBA colleges which have a good reputation regarding their placement records. Some of the top institute names like the Indian Institute of Management, Calcutta (IIM C), Indian Institute of Foreign Trade (IIFT), International Management Institute (IMI) contribute towards this.

  • IIM Calcutta ranks as the best MBA college in Kolkata according to the placement package.
  • Some other colleges like IIFT, IMI, and CBS also provide good placements with comparatively fewer investment costs.

Admission Process of MBA Colleges in Kolkata

There are a total of 86 MBA colleges in Kolkata out of which 71 are private MBA colleges and 15 are public. These colleges offer both degree and diploma courses to students, and their courses have also been ranked by many agencies. Have a look at the chart below to understand the ratio of these private and public colleges.

These colleges rely on various top entrance exams for MBA from the top 10 MBA colleges in Kolkata to shortlist students for admission. These exams include CAT, XAT, IIFT, GMAT, MAT, CMAT among others. The top MBA colleges in Kolkata accepting students with 85+ CAT percentile are IIM Calcutta, IMI Kolkata, MDI Murshidabad. IIFT Kolkata accepts only IIFT MBA (IB) entrance exam scores for admission.

Among all the mentioned entrance exams, CAT stands out as it not only leads to admission in top MBA colleges but also forms the first step of entering into the prestigious IIMs including IIM Calcutta. Some of the top MBA entrance exams are tabulated below.

ENTRANCE EXAMDESCRIPTION
CATAn online selection test conducted every year by IIMs. It is generally held in the month of November.
MATA national-level exam conducted by the All India Management Association (AIMA). It is conducted 4 times a year.
XATAn online national-level management entrance exam conducted by XLRI Jamshedpur.

Based on the below pie chart, it can be estimated that pursuing MBA in Kolkata is a bit expensive as approximately 37% of the colleges have course/annual fees of more than Rs 5 lakh. Some of these college are:

  • IIM Calcutta
  • Indian Institute of Foreign Trade Praxis Business School
  • NSHM Knowledge Campus
  • Adamas University
  • Heritage Business School
  • Footwear Design and Development Institute
  • Indian Institute of Social Welfare and Business Management
  • St Xavier’s University
  • Institute of Engineering and Management

The fees of around 36% colleges ranges between Rs 3-5 lakh. Some of these colleges are:

  • Indian Maritime University
  • FBS – Future Business School
  • Brainware University
  • Indian Institute of Social Welfare and Business Management
  • Guru Nanak Institute of Hotel Management
  • Swami Vivekananda Institute of Management & Computer Science
  • Calcutta Institute of Engineering & Management

Approximately 12% MBA colleges have a moderately expensive fee structure that ranges between Rs 2-3 lakh. Some of these colleges are:

  • Calcutta Media Institute
  • Gandhi Institute of Management and Technology
  • Indian Institute of Social Welfare and Business Management
  • International School of Hospitality Management
  • Eminent College of Management and Technology
  • Genesis Institute of Management and Technology

The fees of around 7% colleges is between Rs 1-2 lakh. Some of these colleges are:

  • Eminent College of Management and Technology
  • Calcutta University
  • BSE Institute Limited Kolkata
  • Candid School of Communication
  • Indian Institute of Social Welfare and Business Management

Only around 8% MBA colleges in Kolkata are economical with a fee structure of less than Rs 1 lakh. These colleges are:

  • Calcutta University
  • University of Kalyani
  • Nightingale Institute of Management Studies
  • Indian Institute of Social Welfare and Business Management
  • Hollywood Institute of Hotel Management

Different Aspects to Choose MBA Colleges in Kolkata

There are many ranking agencies that rank institutes across the country based on various parameters. The methodology followed differs from agency to agency but some of the common parameters include teacher-student ratio, placements, faculty quality, and many more.

The Economic Times, The Week, QS rankings, NIRF are some of the privileged ranking agencies. These ranking agencies rank different institutes in different categories. Some of such categories include Top engineering colleges in Telangana, Top Architecture Colleges in India, etc. Listed below are some of the top 10 MBA colleges in Kolkata rank-wise as given by some of the top-ranking agencies in India.

NIRF is an agency to rank institutes of higher education in India, run by the Ministry of Human Resource Development, Government of India. The agency ranks different institutes depending on their areas of operation. There are separate rankings for universities and colleges, management colleges, engineering colleges, pharmacy colleges, etc. NIRF rankings are based on several parameters, which have been grouped together into five clusters with certain weightage assigned to each one of them.

The following table shows the NIRF rankings for two of the top MBA colleges in Kolkata.

COLLEGE NAMENIRF RANKING 2020NIRF RANKING 2019CHANGEAVERAGE ANNUAL FEES
Indian Institute of Management, Kolkata (IIM Calcutta)330INR 22,60,000
International Management Institute, Kolkata (IMI Kolkata)5245-7INR 12,41,000

NIRF has ranked IIM Calcutta as the best MBA college in Kolkata. The institute ranks 3rd in the 2020 ranking, similar to that ranked in 2019.

  • IMI has been ranked 52nd in the 2020 Ranking, a drop of 7 ranks, compared to that of 2019.
  • Many top MBA colleges did not participate in the survey and many of those who did could not make it to the top 100 list in the NIRF rankings.

Kolkata has an ample number of top MBA colleges which include both government and private colleges. MBA being an expensive course can cost a huge sum of money in these colleges. Therefore, it becomes important to know the ROI of the top 10 MBA colleges in Kolkata, as it solves the dilemma of whether investing in a particular institute is worth it or not. 

The following table shows the ROI of top MBA colleges in Kolkata.

COLLEGE NAMEAVERAGE ANNUAL FEEAVERAGE PLACEMENT PACKAGEROI RANK*
CBS KolkataINR 4,30,000INR 10,40,0001
IMI KolkataINR 6,90,000INR 12,25,0002
IES KolkataINR 5,00,000INR 5,32,0003

*ROI Percentage={(Average Placement Package)/(Average Annual Fees)}*100%

  • Calcutta Business School (CBS) comes out as the best private MBA college in Kolkata in terms of ROI among the above-mentioned colleges. 
  • International Management Institute (IMI) also offers a good ROI to students with an average placement package of INR 10,40,000 versus the average annual fee of INR 4,30,000.

Conclusion

If you want to pursue your management studies in one of the top MBA colleges of India, you will find yourself checking the above colleges of Kolkata. MBA enables people to get well versed in skills like accounting, finance, marketing, operations, and management which lie at the core of the curriculum that all the mentioned MBA colleges offer. MBA is not just a degree to bag the best jobs or run your own company, but also a great way in which you create your own network of people. The best part about an MBA degree is the credibility that it gives to your managerial skills and capacity as well as its worldwide recognition as a degree. An MBA course ends with not only a degree in hand but the completion of one’s personal development as well.

Frequently Asked Questions

Which College is best for MBA in Kolkata?

There are various colleges that are said best for MBA in Kolkata. We have ranked the top 10 of them in this article. Rank 1 is considered to be the best.

How much do colleges for MBA in Kolkata charge?

The fee structure of each college is different. Here, we have disclosed the fees of every top MBA College in Kolkata.

Which MBA College in Kolkata provides the best study material?

All the colleges present in our Best MBA College in Kolkata’s list provide good study material but Rank 1 has been considered as the best among students.

Is Kolkata really good for MBA?

Kolkata has been called the best place to go for MBA many times in the past. MBA Colleges in this city have produced a large number of MBA’s to date. Here, you will find the 10 Top MBA College in Delhi.

How would I know whether the timings for the best MBA College in Kolkata will suit me or not?

We have specified the timings of each college in our article. You can join the one that best suits your requirements & needs.

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