Among the many entrance exams that students prepare for, MBA entrance is considered as a quite difficult test. Andhra Pradesh is a major southern state and draws many management aspirants to its cities. To carve a niche in the corporate world, one has to possess the required educational qualification. Major MBA entrance exams, for instance, CAT, XAT, CMAT, MAT SNAP etc. is an aptitude test, and students prepare for the MBA entrance for many months. This article has been compiled covering relevant information regarding MBA cut-offs, average salary placement, MBA course expenditure of some of the top MBA colleges of Andhra Pradesh.
Some of the parameters we used to judge these MBA colleges included:-
- Faculty Experience
- Industry Exposure
- University Collaborations
- Physical Infrastructure
- Average Package
Our industry experts with more than 20 years of experience have rated these top MBA colleges on the above factors, and this quantitative data has been then supplemented with qualitative factors such as student feedback, faculty accessibility etc. to give you one of the best B-school ranking lists available online.
MBA colleges in Andhra Pradesh accepting CAT, XAT, CMAT and GMAT scores:-
- As a management aspirant, you should be aware of the list of best MBA colleges that accept CAT, XAT or GMAT scores for the final intake of students in the two-year management program.
- The Indian Institute of Management (IIMV) was set up in the year 2015, and it is one of the best MBA colleges in Andhra Pradesh. It accepts CAT scores followed by personal interview at IIM Visakhapatnam. A unique feature is this institute provides a week-long international immersion programme so that students have a better understanding of the global trends. Indian Institute of Management Bangalore is the mentor for IIM Visakhapatnam. Moreover, the academic processes at IIMV are aligned with that of IIM Bangalore ensuring high standards.
- GITAM School of International Business is one of the top-ranking B- schools in international business. GSIB has a unique curriculum which prepares the students to have a better understanding of the corporate world and have the confidence to deal with the challenges of international business. One of the best colleges to pursue MBA in international business or Global Logistics & Supply Chain Management. To get admission in the programme, students need to have a valid CAT/XAT/MAT/NMAT /GMAT/CMAT / GSIB Entrance Test 2019 score followed by group discussion and personal interview. One of the top MBA colleges GITAM School of International Business was established in the year 1997 and the institute had academic collaboration with IIFT (Delhi).
Andhra Pradesh – Preferred city to pursue Management Programs (MBA)
Let’s have a look at the reasons:-
- Epicenter for various business activities:-
There are a number of special economic zones, industrial estates and industrial development areas in the state. Andhra Pradesh has a number of industries namely, Automobiles and Auto components Industry, textiles and apparels, IT industry, mines and minerals, horticulture, poultry farming etc. Visakhapatnam has many heavy industries including BHEL Ltd, Hindustan Petroleum Corporation Ltd, Hindustan Shipyard Limited, Naval Science and Technological Laboratory etc. Due to the presence of these industries, the city has witnessed a lot of economic development and growth. This city also has one of the largest cargo handling ports. A large part of the revenue is generated from ITES and the IT sector. Major firms like Mahindra Satyam, Wipro, InfoTech, HSBC, IBM etc. have their operations running in this city.
- A wide array of career opportunities for MBA graduates:-
Visakhapatnam is known as the financial, commercial and industrial nerve centre of Andhra Pradesh. Several heavy industries, information technology, tourism, industrial minerals, fishing and pharma sector have contributed to the economy of this region. Visakhapatnam has many special economic zones and industrial corridors such as APSEZ, APIIC, VSEZ, Aganampudi Industrial Park which has generated a lot of employment. A youth equipped with requisite skill and knowledge will have innumerable opportunities for growth in Visakhapatnam and other cities of Andhra Pradesh.
Let’s have a look at the fee structure and the average salary structure of various colleges:-
MBA colleges in Andhra Pradesh - Fee structure and average salary (subject to revision):-
|
Name of Colleges
|
Fee Structure
|
Avg. Placement Salary
|
|
Indian Institute of Management, Visakhapatnam
|
Rs 13Lacs (total fees)
|
Rs 12.61 LPA
|
|
GITAM School of International Business, Visakhapatnam
|
Rs 8,50,000 (total fees)
|
Rs 5 LPA (approx.)
|
The best business colleges in India are the ones which offer management education that keeps pace with Global MBA environment. The management colleges should have either been accredited with one or more international accreditations or should be in the process of being awarded with it. These top colleges have a unique pedagogy and highly qualified faculty; the students at the best MBA colleges in India get consistently higher average placements year after year as they become industry ready.
The top ranking MBA colleges include not only the Indian Institutes of Management (IIMs) but also some of the other university-affiliated and private MBA colleges which are doing much better than many of the newer IIMs. The best MBA colleges and a number of IIMs have a similar fee structure, but some of the newer IIMs placements, IIM Admission process and the IIMs average salary in placement tend to lag behind in a number of these best MBA colleges. This exhaustive list of top colleges to pursue your management education from has been compiled after comprehensive research of MBA universities and colleges by our panel of experts.
Conclusion:-
Therefore, we recommend that first analyze as to what are the parameters which are important for you and then decide the college which caters to these parameters. Most importantly, you have to give in 100% to achieve your goal. All the best !!!