The capital of Karnataka, Bangalore draws many qualified professionals from across the country to enhance their careers. The Silicon Valley of India, Bangalore has technology firms like Infosys, Wipro Technologies, Mindtree etc. which have led to the growth of Information Technology (IT) in India. Due to this, many students aspire to add to their qualification by becoming MBA graduates. Students can specialize in various fields, for instance: finance, marketing, human resource etc. according to their area of interest. The MBA degree equips an individual with vocational skills which will prove to be an added advantage in the corporate world.
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 Karnataka 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.
- One of the best MBA colleges in this city is Indian Institute of Bangalore which accepts CAT and GMAT scores for the enrollment of students to their Post Graduate Programme in Management.IIM Bangalore believes in providing its students education par excellence with a global outlook. It is an institution which fosters excellence in management, innovation and entrepreneurship for the development of society as a whole.
- One of the top MBA college is Indus Business Academy, which accepts CAT , XAT , MAT , CMAT , state government entrance tests and GMAT scores for the intake of students for enrollment to their management programs. This management institute imparts quality management education and believes in inculcating in students ethical values, sensitivity to environment and strong leadership skills.
- Another MBA college which has gained a good reputation in the field of management education is NMIS (Bangalore campus). It accepts scores of NMAT followed by group discussion and personal interview. A unique feature of this college is that it provides its students electives across various domains and that caters to the demand of the industry, for instance: Positive Psychology in HR. A student who has completed an MBA from such top colleges will not face any problem in getting placed in reputed companies.
- A student who intends to do an MBA in Communication Management then Symbiosis School of Media & Communication is an excellent choice as it opens a doorway to the media industry. This college accepts SNAP scores for the enrollment to the programme. Here students are equipped with requisite tools and techniques of strategic media communication, including digital strategies to have a competitive edge as professionals in today’s ever-changing world of media.
- One of the best MBA colleges in Mysore is SDM Institute For Mgt. Development. It accepts CAT/XAT/GMAT/CMAT/NMAT scores for the enrollment of students to their Post Graduate Programme in Management.
Karnataka – Preferred state to pursue Management Programs (MBA)
Let’s have a look at the reasons:-
A) Epicenter for various business activities:-
- According to the report Global Cities: The future of the world’s leading urban economies to 2035 “Bangalore will have the fastest growing economy, with its gross domestic product jumping 8.5 per cent per annum year-on-year, by 2035”. Karnataka has witnessed tremendous growth in various industrial sectors. The growth of the state can also be attributed to organizations that have made large-scale private investments from across the world. It has been an economic boon for this region.
- The garden city of Bangalore is growing, and it has a lot of potential as it has a robust infrastructure and excellent connectivity to the other major southern cities.
- The state government’s initiative to work on the Bangalore-Mysore infrastructure corridor has opened avenues for business development.
- The industrial development areas (Mysore) are Metagalli, Hootagalli and Hebbal have many prominent industries. Mysore is also known as the cultural capital of Karnataka, and it is emerging as an IT hub.
B) Immense career opportunities for Management students:-
- A youth equipped with requisite skill and knowledge will have innumerable opportunities for growth in Karnataka. Several industries which include information technology (IT) and electronics, pharmaceuticals, telecommunications, biotechnology, aerospace, automobiles etc. have lured many qualified professionals to Bangalore.
- Some of the major IT parks in Bangalore are Integrated Hitech Software Park, International Tech Park Ltd., Prestige Tech Park, Safina Software Technology Park, Brigade Tech Park, Manyata Tech Park etc.have contributed majorly to the economic growth of this city.
- The tourism industry, information technology exports, forest-based industries are the major contributors to the economic growth of Mysore.
- Some of the major companies that have their industrial set up in Mysore are Larsen & Toubro Infotech, Infosys, and Wipro have generated a lot of employment opportunities for the youth.
Let’s have a look at the fee structure and the average salary structure of various colleges:-
MBA colleges in Karnataka - Fee structure and average salary (subject to revision):-
|
Name of Colleges
|
Fee Structure
|
Avg. Placement Salary
|
|
Indian Institute of Management, Bangalore
|
Rs 21,00,000 (total fees)
|
Rs 24.54 LPA
|
|
IBS-ICFAI, Bangalore
|
Rs 400,000 (annually)
|
Rs 5.98 LPA
|
|
Narsee Monjee Institute of Management Studies, Bangalore
|
Rs 8,75,000 (annually)
|
Rs 10.5 LPA
|
|
IFIM Business School, Bangalore
|
Rs 12,00,000 (total fees)
|
Rs 7.4 LPA (approx.)
|
|
Indus Business Academy , Bangalore
|
Rs 7,52,000 (total fees)
|
Rs 6.47 LPA
|
|
Symbiosis Inst of Media & Communication, Bangalore
|
Rs 12,74,000 (total fees)
|
Rs 3.5 LPA (approx)
|
|
Symbiosis Institute of Business Management, Bangalore
|
Rs 7,25,000 (annually)
|
Rs 9.79 LPA
|
|
Xavier Institute of Mgt & Entrepreneurship, Bangalore
|
Rs 13,58,000 (total fees)
|
Rs 7.08 LPA
|
|
Christ University Institute of Mgt, Bangalore
|
Rs 4,23,500 (annually)
|
Rs 7 LPA (approx.)
|
|
Alliance University, Bangalore
|
Rs 13,50,000 (total fees)
|
Rs 6.4 LPA (approx.)
|
|
SDM Institute For Mgt. Development, Mysore
|
Rs 10.7 Lakhs (total fees)
|
Rs 7.14 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 !!!