MBA from the IIMs is perhaps a dream of many, but only a handful of the lot actually get the opportunity to chase the dream. While there are many top MBA colleges across the nation that are at par with IIMs in all aspects, the lack of awareness results in the students losing out on the crucial opportunities. It ain’t that every individual who wishes to pursue an MBA is in fact well aware of the other top colleges, if that’s the case, then don’t worry. By the end of this article, you’d have sufficient information about the top MBA colleges apart from IIM which have been imparting top quality education to the students who come from the different parts of the nation. Here’s a list of the top 4 MBA colleges in India which could make the IIMs run for their money.
Top 4 MBA Colleges in India which are at par with IIMs
1. Xavier Labour Relations Institute, Jamshedpur
XLRI is the top choice amongst the students who wish to pursue their MBA with HR specialization.
Established in 1949, it’s the oldest Business school in India and probably one of a kind which guarantees 100 percent placements.
XLRI provides PGDM in General Management, HR Management, Global business management and Business Management. It also delivers full time and executive courses to the students.
The institute is spread over an area of 40 acres in the city of Jamshedpur and possesses a world-class infrastructure. What’s amazing is the presence of a behavioral lab to assist in the HR activities.
XLRI has its own examination under the name XAT, on the basis of which the students are allowed to be eligible for GD and PI sessions. XAT registrations commence in the middle of August till December. The exam is conducted on January 1st or 2nd week, with the classes being started in the month of June.
Batch Size: 361
Average salary offered: 19 LPA
2. Faculty of Management Studies, Delhi
Strong Alumni, Academic Strength, Best Return on Investment – that’s how you can sum up the FMS MBA experience. Offering an MBA certificate instead of a PGDM certificate, this Delhi University course has a record of well-placed alumni.
The institute’s ROI makes it the best across the nation and makes it a hot choice amongst the students. With annual fees of Rs, 10,480 FMS offers a far better quality of education than any other Indian institutes.
FMS provides full time and executive courses in MBA, Executive MBA in healthcare administration along with Doctoral programmes as well.
FMS has a distinct placement procedure where the students who opted out of the placements owing to the FMS lies close to Delhi University and the students can utilize the accommodation services offered by the Delhi University for their pg students.
Admission to FMS takes place via CAT followed by group discussion and personal interview. Registrations begin in the month of September to the 2nd week of December, followed by the result of selected candidates in the 2nd week of February.
Batch Size: 209
Number of companies which participated in the drives: 81
Average Salary offered: Rs 20.6 LPA
3. Management Development Institute, Gurgaon
Founded in 1973, MDI, Gurgaon is ranked amongst the leading business schools across the nation and has a powerful tie-up with industry personnel. MDI is the 1st Indian management institute to have received the international status.
The institute offers postgraduate degrees in HR management, Public Policy Management, International management and Energy management. Spread over an area of 40 acres, MDI provides World class facilities to the students within the premises.
Admission to MDI takes place through CAT, wherein the eligible students then go through Group discussion and personal interview for final selections. Registrations commence in September 1st week till the 1st week of December. Shortlisted candidates are informed in the months of April and May.
Batch Size: 343
Number of companies which appeared for the drive: 143
Average salary offered: Rs 18.9 LPA
4. Indian Institute of Foreign Trade, New Delhi
Established in 1963, IIFT is regarded as the best institute in terms of Foreign Trade. Students who wish to make a breakthrough in the fields of commerce and trades must definitely opt in for this institute.
IIFT provides full time as well as executive courses when it comes to MBA in international business. Students can also pursue certificate and doctoral programmes as well. IIFT covers an area of 6 acres and lies close to the Jawaharlal Nehru University( JNU), Delhi. The institute has hostels and libraries with top-notch facilities.
Admission to IIFT takes place through the institute’s separate test, which is perhaps the most difficult exam for entrance into an MBA college across the nation. IIFT Registrations take place in the month of July till September. IIFT exam is conducted on the last Sunday of November, with the courses being started from July 1st week onwards.
Batch size: 258
Number of companies which participated in the drives: 94
Average salary offered: Rs 18.4 LPA
Students are so obsessed with the IIM brand, that it becomes almost a herculean task to convince them about the existence of other equally respected MBA colleges across the nation. Without an iota of doubt, IIMs are a class apart, yet one must not be extremely narrow with their options. These MBA colleges are also at par with the IIMs in terms of the package, placements, and infrastructure. I hope this list of the top 4 MBA colleges other than the IIMs would help you in making an elicit decision related to your career.