Are you looking for the Best MBA Colleges In Delhi then you are at right place. If you are a graduate, working professional, entrepreneur, or career switcher looking to enhance your managerial and leadership skills, the best MBA colleges in Delhi is the right place for you.
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Business administration allows individuals to learn expertise and skills for better governance of businesses. If you want to get a high-paying job and employment opportunities then you need to be qualified for a master’s program in business administration. The same can be pursued after graduation or a bachelor’s degree.
An MBA makes you qualified for business administration. If you are interested in pursuing a degree in business analytics, you can explore colleges in Delhi that offer MBA programs in this field. For more information, you can refer to our detailed article on MBA in business analytics in Delhi.
However, you need to ensure that obtaining a degree from the best MBA colleges in Delhi is crucial. As they have a high acceptance rate in jobs and employment. The passed students from these educational institutions have their services in the top facilities across the world. Some of the packages go around 1 Cr annually or even more.
Popular Exams Accepted by Top MBA Colleges in Delhi NCR
The MBA Colleges in Delhi/NCR have set minimum cutoff scores for various popular MBA entrance exams. In 2024, some of the widely accepted exams are mentioned below, let’s have a look:
1. XAT (Xavier Aptitude Test):
The examination is conducted by XLRI, Jamshedpur. It is a challenging national-level exam for MBA/PGDM admissions. Preparation requires six to nine months, focusing on Decision Making, Verbal Ability, Logical Reasoning, Quantitative Ability & Data Interpretation, and General Knowledge.
2. CAT (Common Admission Test):
CAT is a national-level test for admission to MBA courses in IIMs and other B-schools. The question paper has sections on Verbal Ability, Reading Comprehension, Data Interpretation, Logical Reasoning, and Quantitative Aptitude. A phased approach to syllabus completion, mock tests, and revision is crucial for CAT preparation.
3. MAT (Management Aptitude Test):
The examination is Conducted by AIMA. MAT is a national-level exam for MBA/PGDM admissions held in February, May, September, and December. The MAT is administered in three modes: Paper-Based Test (PBT), Computer-Based Test (CBT), and Internet-Based Test (IBT).
For more accurate information on cutoff scores, it is advisable to check with individual colleges or consult recent years’ trends. This will help you to better understand all aspects of the examination.
Eligibility criteria to get admission to the best MBA colleges in Delhi
MBA colleges in Delhi/NCR come with several eligibility criteria and requirements. The applicants need to make sure to satisfy these common eligibility criteria:
- Aspirants should hold a bachelor’s degree or its equivalent from a recognized university or institution, with a minimum aggregate of 50%.
- Many colleges in the region consider scores from national-level entrance exams like CAT (Common Admission Test), GMAT (Graduate Management Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), or MAT (Management Aptitude Test). Meeting the minimum cutoff scores specified by the respective colleges is essential for consideration.
List of Top 7 MBA colleges in Delhi
There are several colleges and educational institutions that allow students or individuals to pursue their MBA in Delhi. That is why it will be difficult for you to find the relevant college for you. We have conducted thorough research and curated a selection of top MBA colleges in Delhi for your consideration. The list is provided below; feel free to explore:
1. Department of Management Studies (DMS) – Indian Institute of Technology, Delhi
The institution is included in the esteemed IIT Delhi. The Department of Management Studies (DMS) stands tall with a repertoire of prestigious accreditations. The best part of the college is that it has high NIRF rankings and is currently securing the fourth spot among India’s top B-schools in 2023. DMS holds approvals from AICTE, NBA, and the esteemed AACSB recognition as well.
The institution was established in 1993 and traces its roots back to 1974 when IIT-Delhi first started offering management courses. Responding to student and faculty feedback, the MBA program at DMS-IIT Delhi started in 1997. AICTE-approved, the program offers specialization in nine areas, including unique choices like telecommunication systems management. Selections are based on CAT scores and subsequent rounds of interviews.
DMS-IIT Delhi takes pride in its commendable placement records, with an average salary package for MBA graduates reaching nearly INR 21 LPA in 2023. The institute’s commitment to excellence is reflected not only in its academic standing but also in the valuable opportunities it provides to aspiring management professionals.
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2. Jamia Millia Islamia University, Delhi
Jamia Millia Islamia University in Delhi is not just a local gem but a prestigious name nationally for higher education. Recognized by NIRF among the top 30 management institutions in India and securing the 25th position for overall excellence, it stands as a central NAAC-graded A++ university. Originally established in Aligarh in 1920, it later found its home in Delhi.
The university offers a 2-year MBA degree course, admitting candidates through the Jamia Millia Islamia Entrance Exam (JMI Exam). With four areas of specialization, including the distinctive field of pharmaceutical management, Jamia Millia Islamia provides diverse choices to its students.
It is known for its affordability and the MBA course fee ranges from INR 47,000 to INR 2,10,000 for the entire two-year duration. This makes it exceptionally economical compared to other major MBA hubs. The added advantage comes in the form of outstanding placement services, with return on investments reaching up to 4 times the initial investment. With such merits, Jamia Millia Islamia emerges as a compelling choice for pursuing an MBA in Delhi.
3. Indian Institute of Foreign Trade (IIFT), New Delhi
The educational institution was Established in 1963 under the Ministry of Commerce and Industry, Government of India. The Indian Institute of Foreign Trade (IIFT) in Delhi stands as a prominent university. The university is known for its specialization in foreign trade and international business education.
It holds an NAAC A grade and is a member of international management school associations like AMBA. With AACSB approval, it ranks 27th among India’s best management schools in the 2023 NIRF Rankings.
IIFT offers a full-time PGDM course that is equivalent to an MBA degree. The course comes with specializations in international business management (IBM) and business analytics. Candidates need to go for screening based on their GMAT percentile scores and subsequent performance in personal interviews.
The PGDM curriculum aligns with international business standards and provides students with a comprehensive understanding of the global trade landscape.
The course is integrated with placements that boast satisfactory records for PGDM graduates. IIFT also offers the PGDM course in the evening and part-time modes for those who are unable to pursue the full-time program.
4. International Management Institute, New Delhi
International Management Institute, New Delhi was founded in 1981 by notable corporate entities such as RPG Enterprises, Nestle, and ITC. The International Management Institute (IMI) made its debut in Delhi and later expanded to Kolkata and Bhubaneswar.
The institution is known as one of India’s premier business schools and secures the 34th spot in NIRF’s 2023 rankings for management education. Holding major accreditations from bodies like the NBA, AMBA, AACSB, and SAQS further cements its reputation.
IMI Delhi presents a 2-year Post Graduate Diploma in Management (PGDM) across eight specialization areas. Selection for the course hinges on candidates’ performance in entrance exams like CAT, XAT, or GMAT and are followed by personal interviews. The fee structure varies from INR 20,19,060 to INR 31,71,300, contingent upon whether the candidate falls under the merit quota or sponsored quota.
The course showcases commendable records for placement rates and packages offered, solidifying IMI Delhi’s commitment to shaping successful management professionals.
5. FORE School of Management, Delhi
The institution was established in 1981 and approved by AICTE. The FORE School of Management in Delhi holds its place as the 63rd-best management institution in India. With accreditations from AACSB, AIU, and NBA. It offers a diverse range of postgraduate degree programs, diplomas, and fellowship programs that provide students with a pathway to a successful management career.
FSM Delhi’s full-time PGDM course spans around 2 years and is AICTE-approved as a valid technical course. The degree encompasses nine specialization areas including communication management, economics and business policy, marketing management, and strategic management. The comprehensive fee for the course ranges from INR 17,00,000 to INR 21,50,000. The institution also features financial support options such as low-cost EMIs.
The program is integrated with placements and facilitates career exploration through collaborations with over 100 recruiting partners. This displays FSM Delhi’s commitment to shaping future management professionals.
6. Guru Gobind Singh Indraprastha University
The university was Established in 1998 by the Government of India. Guru Gobind Singh Indraprastha University stands as a state government university in Dwarka, Delhi. It is Recognized as one of North India’s premier institutions for higher education and holds an A++ rating from NAAC and approvals from UGC, and AICTE, among others.
It is renowned for its management courses. The best part is that the university secures a position among India’s top 70 management institutions in the NIRF 2023 rankings.
The AICTE-approved MBA program at the university offers six specializations, providing students with diverse avenues for skill enhancement. Industry interactions, professional training workshops, and grooming sessions further enrich the learning experience.
The course, integrated with placements, boasts excellent records, with students securing jobs and enjoying a high Return on Investment (ROI) post-completion. Guru Gobind Singh Indraprastha University stands as a beacon for quality education and successful career prospects.
7. Jagan Institute of Management Studies
Jagan Institute of Management Studies was established in 1993 and is distinguished as a private management institution in Delhi. The institution is recognized by national bodies such as AICTE, NBA, and SAQS, JIMS has achieved an ‘A’ grade as per NAAC ratings and currently holds a position among the top 100 management institutions in India, according to the NIRF rankings of 2023.
JIMS offers a full-time MBA degree course with specializations in finance, marketing, e-commerce, and retail management. Admissions are based on minimum eligibility criteria, requiring candidates to have completed a Bachelor’s degree course from a recognized university with a minimum of 50% aggregate marks.
The institute takes pride in providing holistic managerial education, incorporating an industry-relevant curriculum, highly experienced faculty, industry-expert interactions, and seminars. The placement services, both during the program and post-graduation, enable students to explore internship and job opportunities in renowned companies and MNCs. JIMS stands as a hub for quality education and practical industry exposure.
FAQs
1. Can I secure admission to FMS without taking the CAT?
No, gaining entry to the Faculty of Management Studies (FMS) in Delhi necessitates CAT scores. The CAT scores and cutoffs are obligatory for admission, with an opening percentile range of 55-57 and a closing percentile range of 95-97.
2. Which are the top MBA colleges not requiring an entrance exam?
IIM Ahmedabad, SPJIMR in Mumbai, XLRI, and NIMS School of Business Management are esteemed Indian B-schools with distinctive admission processes. IIM Ahmedabad employs a rigorous selection method, while SPJIMR assesses candidates holistically.
3. Does Class 12th marks matters in FMS admissions?
Yes, Class 12 marks are considered in the FMS admission process. Alongside a valid CAT score, FMS takes into account Class 10 and 12 marks, along with other factors like Statement of Purpose (SOP), Extempore, Personal Interviews, and Group Discussions.
4. What is the average MBA salary at Google?
The average salary for MBA Faculty at Google in India is ₹192.6 Lakhs for less than 1 year to 5 years of experience. Google’s MBA Faculty salary ranges between ₹1.5 Lakhs to ₹500.8 Lakhs, significantly higher than the average MBA Faculty Salary in Internet Companies.
5. Should I choose FMS or IIM?
The decision depends on personal preferences and expectations from the institutions. While IIM Bangalore and Calcutta offer an enriching campus experience, they come with a higher fee, nearly 10 times that of FMS Delhi. FMS Delhi, with a fee of around ₹198,000. It provides a cost-effective alternative.
Conclusion
MBA usually allows individuals to learn the best practices that can be followed for the better management of businesses. If you want to get the best education from a reputed educational institution then we have mentioned the best MBA colleges in Delhi. Make sure to meet the eligibility requirements and get admission to these institutions. There are some examinations that need to be qualified by the applicants to secure their seats.
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