With better career opportunities that provide a higher salary, a holistic perspective on the business world, high-level networks, leadership opportunities, etc., students resolved that the MBA can help them scale their career in one fell swoop.
MBA, the most sought after graduate program to persist in the business world, in fact has a wide range of criteria to take into account before opting for it. Criteria such as MBA specializations, whether to opt for a 1-year or 2-year MBA, which university to go to; they have certainly put the students in a difficult situation.
The MBA degree can be done as a traditional 2-year degree or as a 1-year MBA program, which is an accelerated option for students who have a clear career goal as their dream. Some of the most popular specializations chosen today in MBA are Finance, Human Resource Management, Marketing Management, Operations Management, etc. Expansion in the global business economy has given rise to new MBA specializations such as Rural Management, Information Technology, Supply Chain Management, International Business (IB), etc.
Even if majors are chosen, another dilemma that arises is whether to choose a public university or a private university. Considering the value of the degree being offered, the facilities, placements, and career options that colleges offer, you should continue to choose the colleges that best suit your needs.
To help you get a seat in the best B schools in India, various entrance exams such as CAT, MAT, SNAP, XAT, etc. are conducted. throughout India. The list of Top 5 B Schools in India is ranked below with their exceptional qualities that made them top:
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 corporate companies, ranging from information technology to consumer products companies, giving you the added advantage of integrating the classroom knowledge with practical experience. IIMB is the only business school in India to be listed in the top 50 B schools in the 2015 Financial Times Executive Education Rankings, along with the London Business School, Harvard School of Business, Oxford University and several others.
IIMB has also been ranked among the top 30 business schools in the world in the prestigious Financial Times Master in Management Rankings for 2015. IIM Bangalore has recently topped the list of best management institutes in the ‘India Ranking 2016’, the first National ranking of universities by the Government.
Faculty of Management Studies, University of Delhi:
FMS is among the few best B schools in India where every permanent faculty member has a PhD. Each student at FMS is part of the Management Science Association (MSA), a student body made up of different panels that focus on different functional areas of interest.
To encourage entrepreneurship, FMS offers a placement holiday to students who wish to start their own businesses and allows them to participate in a subsequent placement process for up to two years, should they wish to take advantage of the opportunity. Located in a strategic location that is at the crossroads of busy corporate and student activity, FMS hosted more than 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 has been ranked 16th in the Financial Times (FT) Masters in Management Rankings 2016, as well as 24th in the Financial Times Global MBA Ranking 2016 on its list of the 100 best B schools, announced in January 2016. The enviable record of The Complete Lot that is placed year after year, for the last 20 years, also points to 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, one of the leading MBA universities for the last 34 years and has been awarded the 13th B-School Top Business World Survey in 2014. The 2015 placement programs included MBA, MBA HR, MBA Banking and MBA Capital Markets. The average salary offered is Rs 16.51 lakh per year, which is about 8% more 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 2014 survey, 9th among Top 25 B Schools, third place among the top 35 Pvt. Universities, second rank among the top 25 Pvt. Universities in the West Zone in The Week Hansa Research B-School Survey 2014, etc.
Management Studies Department, 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 its corporate partners. DMS, IIT Delhi has been ranked among the top 2 schools in the “Business and Management Research” category of the “Stanford Ranking” for 2015. Outlook has ranked IIT Delhi 6th among the top 10 B schools in India 2016 DMS, IIT Delhi shares the top three places in India in business and management studies alongside IIM Ahmedabad and IIM Bangalore in QS India University Rankings 2015.