MBA- Masters of Business Administration What is MBA, and why are people so hyped up about joining an MBA program right after finishing their graduation? Well, the answer is pretty simple- It’s a Masters of Business Administration (MBA) is a master

Top MBA Colleges In India – 2018

MBA- Masters of Business Administration

What is MBA, and why are people so hyped up about joining an MBA program right after finishing their graduation? Well, the answer is pretty simple- It’s a Masters of Business Administration (MBA) is a master level degree in business administration (management). Given the rise of the industrial revolution in the early 20th century, new and advanced scientific approaches were introduced and inculcated into the field of management studies. This lead to the sudden up rise in demand for MBA courses leading to its extreme popularity. With the availability of different specializations under the banner of MBA, the program includes a deep study of profuse areas of business like accounting, finance, human resource, and marketing as well as operations, with a few elective courses being available side by side.  Bodies like the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC) have been specifically established to ensure that consistency and quality provided by MBA programs by various universities hold their standard and do not deviate from their core value of delivering quality education in the respective field.  Given that all situations turn out in favor of the candidates who wish to pursue with MBA in the near future this is surely a good option. Also, people with an MBA degree have the added advantage of a phenomenal boost to their salary package along with introducing candidates to the world where business prevails on the international level.

The Types

Now that everything about what an MBA degree is all about has been put out on the plate for everyone to see let’s take a look at the type of MBA programs that are available in India-

  • Two-year (Full-Time) MBA – programs are for the duration of 2 years, and it is the default MBA program done by many students.
  • Part-Time MBA programs offer classes during weekday evenings and on weekends.
  • Full-time executive MBA – programs are newly introduced one-year programs especially for experienced professionals.
  • Distance learning MBA – program allows a student to pursue MBA from home via online or other modes.
  • Blended learning – programs combine distance learning with face-to-face interaction (off-campus + on campus).
  • MBA dual degree – programs combine an MBA with others (such as an MS, MA, or a JD, etc.) to let the students manage the money and time efficiently.
  • Mini-MBA – programs are full credit courses that focus mainly on the fundamentals of business.
  • Evening (Second Shift) MBA – programs are full-time programs that hold classes on weekday evenings, or during weekends for a duration of two years.
  • Modular MBA – programs employ a lock-step curriculum where classes are packaged together in blocks lasting from one to three weeks.
  • Executive MBA (EMBA) – programs are developed to meet the educational needs of managers, including those with or without experience.

Top B Schools In India –

Here are a few of the top-rated colleges for pursuing an MBA degree from within the country.

  • Indian Institute of Management, Bengaluru – This institute was found in 1973, and today is the top management college in India, having a 100-acre campus decorated with unique stone Moreover, being located in the silicon valley of India helps offer a brilliant exposure to all the young MBA aspirants.
  • Indian Institute of Management, Ahmedabad – This college is also known as WIMWI – (Well Known Institute of Management in Western India), hosting some very popular fests and programs. This college has received numerous awards for being one of the leading business schools in Asia
  • Indian Institute of Management, Calcutta – Since this one was the first IIM to be established, IIM-C particularly gains fame for its Finance courses, while being considered one of the best B-Schools in the world
  • Indian Institute of Management, Lucknow – This B-school has been given the name of ‘Institution of Excellence’ by India’s Ministry of Human Resource Development. The college has a 200-acre campus and an environment conducive enough for all the young aspirants. Moreover, having a tie-up with 24 international colleges enables the college to have a strong student exchange program.
  • Indian Institute of Management, Udaipur – Having several accreditations has made this one of the top management schools in India. Established in 2011, it holds a pool of amazing faculty, consisting of award-winning professors and researchers
  • Indian Institute of Management, Kozhikode – This IIM offers distance learning programs for working executives which is one of the most diversified distance learning programs in the market. The students here are called Komrades, because they experience a campus life having a very active student community which conducts marathons for social causes annually.
  • International Management Institute, New Delhi – This college unlike the other six is a private business school. The college also has accreditation from the Association of MBAs (AMBA), which is a global accreditation body.
  • Indian Institute of Forest Management, Bhopal – The admissions for this college are accepted through CAT. The institution is engaged in deep study and research under the domain of forest and natural resource management. The institute has had 100 percent placement rate in the previous years.
  • Indian Institute of Technology, Kanpur – By identifying the pros of combining Engineering with Management studies, IIT Kanpur began offering Management programs, and today the very department is one of the leading management schools in the country while offering MBA courses in Finance, Marketing, Operations, IT & Systems.
  • Indian Institute of Management, Indore – IIM Indore has MOUs with over 20 schools The campus has a beautiful infrastructure. This is also the only IIM to have a PG course in Management in the financial capital of India, Mumbai, which aids reputable companies to initiate placement processes here.

 

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