MBA is easily one of the most popular postgraduate courses in India and abroad alike. A degree in Master of Business Administration is quite essential to attain a manager position in a job, hence making it a beneficial qualification to have.
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Gurgaon is one of the most prominent cities in India and is famous for housing business schools that impart quality education to their students. As per the latest statistics, There are about 61 approved MBA/PGDM colleges in Gurgaon; 38 of these are private MBA colleges, and the remaining 3 are government-aided ones.
Furthermore, the number of emerging companies in the area is skyrocketing, which implies that every MBA graduate will be in demand in the market after their program is over. Students can choose the flexible options that best suit their schedules from full-time, part-time, and distance learning courses, among other options.
Key Takeaways:
- Studying MBA in Gurgaon is one of the most sought-after students who are planning on pursuing higher education after graduation.
- There are various entrance exam scores accepted by business schools in Gurgaon, however, the most prominent ones are XAT and CAT.
- To be eligible for the MBA program in Gurgaon students have to meet the requirements such as work experience, exam scores, etc.
- Gurgaon houses some of the top MBA colleges in India such as Management Development Institution, JK Business School, and many more.
- The ROI for top MBA colleges in Gurgaon is extremely high and is a viable option for people looking for great returns in the future.
What are the entrance exams for MBA colleges in Gurgaon?
Some of the most popular entrance exams accepted by the top MBA colleges in Gurgaon are:
1. XAT:
XAT or Xavier Aptitude Test is a national-level entrance exam for management courses conducted by XLRI, Jamshedpur. This exam is specifically undertaken by students to seek admission into MBA/PGDM programs. Scoring well in this exam is known to place students in some of the best MBA marketing colleges in India. Marketing is a prestigious segment of MBA and is preferred by most students who want to grow in the world of business and management.
Preparing for XAT requires at least six to nine months. They are easily some of the toughest MBA entrance exams and require dedicated preparation and effort by the students. XAT score is a valuable assets if you want to get admitted to one of the top MBA colleges in Gurgaon.
2. CAT:
The Common Admission Test or CAT is a national-level management aptitude examination conducted to offer admission to MBA courses offered by 20 IIMs and around 1,200 business schools in India.
The three areas of the CAT question paper are Quantitative Aptitude, Data Interpretation and Logical Reasoning, and Verbal Ability and Reading Comprehension. The preparation strategy for the CAT exam is phase-wise completion of the CAT syllabus, mock test practice, and revision.
Eligibility criteria for the MBA program in Gurgaon:
Various factors depend on which students can get themselves enrolled in top MBA colleges in Gurgaon. Some of them are:
1. Entrance exam:
Multiple MBA and PGDM colleges in Gurugram need applicants to appear for entrance exams. Even though CAT is a widely recognized test, other entrance exams such as XAT, MAT, or CMAT scores are also often considered by most colleges.
2. Application process:
Visit the business school’s official website and follow the instructions to submit an online application. The student is required to supply the required paperwork, which includes academic records, letters of recommendation, admission test scores, and a statement of intent.
3. Work experience:
Certain MBA programs such as executive MBA programs need the candidates to possess a certain amount of prior work experience. Moreover, students of the SC, ST, PwD, and OBC categories are often granted at least 5% of their MBA eligibility requirements to be waived upon graduation.
4. Selection process:
There aren’t many institutions in Gurgaon that use extra selection criteria like group talks and rounds of in-person interviews. These highlight a candidate’s qualities, leadership abilities, and other attributes. These, however, are state-wide and contingent upon the colleges.
Furthermore, to verify their students’ competency in reading and speaking English, certain business schools in Gurgaon require their students to take English proficiency exams like the TOEFL or IELTS.
List of Top 10 MBA colleges in Gurgaon:
Here are some of the top MBA colleges in Gurgaon. Let’s have a look at them:
1. Management Development Institution:
Management Development Institute is one of the best private business schools in India. It was established in the year 1973 by the Industrial Finance Corporation of India. This college has its campus spread over 37 acres.
MDI Gurgaon has a very strong legacy being one of the early management institutions in the country. The alumni network across all the programs offered is quite large. With more than 700 members who join the group every year, the network is growing stronger every year.
Currently, around 9,000 alumni are working across 45 countries.
- Establishment year: 1973
- Average course fee: INR 9.43 Lakhs
- Accepted entrance exams: CAT
- Placement package after graduation: INR 19.17 Lakhs
2. JK Business School:
The JK Business School was founded by a prominent leader and eminent industrialist Shri Gobind Hari Singhania.
Its primary goal was to impart high-quality education with academic excellence and skills enhancement being the top priority. This school believes in helping students work in a global environment which would allow them to lead in global business and companies.
Additionally, this business college is quite popular for being among the top MBA in Business Analytics Colleges in India 2024 making it one of the most sought-after college among national and international students alike.
- Establishment year:2006
- Average course fee: INR 5.5 Lakhs
- Accepted entrance exams: CAT, XAT, CMAT
- Placement package after graduation: 7.4 Lakhs per year
3. Great Lakes Institute of Management:
Great Lakes Institute of Management is one of the most popular colleges in Gurgaon. This business school offers two full-time post-graduate courses in Management which include PGPM and PGDM.
Additionally, the business school also offers executive programs such as PGXPM and PGPM. However, to get admitted to these programs students should have a minimum of two years and a maximum of eight years of work experience.
- Establishment year:2010
- Average course fee: INR 14.5 Lakhs
- Accepted entrance exam: CAT, XAT, CMAT, NMAT
- Placement package after graduation: INR 11.21 Lakhs per year
4. Indraprasth Institute of Management:
The Indraprasth Institute offers diploma courses with PG programs. These full-time programs offer high-quality education, and they have all been approved by reputable national organizations like AICTE.
Students can choose from a variety of courses, including Business & Management Studies, MBA, and PGDM programs. The faculty at Indraprasth Institute of Management is highly skilled and experienced, and they pass that knowledge forward to their students.
Excellent infrastructure is available at Indraprasth Institute of Management, including an auditorium, a gym, a library, a shuttle service, a sports complex, a wi-fi campus, etc.
- Establishment year:2006
- Average course fee: INR 5.9 Lakhs
- Accepted entrance exam: CAT, XAT, CMAT
- Placement package after graduation: INR 11.21 Lakhs per year
5. School of Inspired Leadership:
School of Inspired Leadership is a private institute located in Gurgaon and was co-crated by 32 leading companies and supported by 25 NGOs. The primary goal of the business school is to create leaders with great character, competence, and enthusiasm.
This institute was also awarded the ‘Game Changer’ academic institute of the year award by SHRM. This business school offers various courses in disciplines such as business design, human resource management, analytics, finance, marketing, human resources, and many more.
- Establishment year:2008
- Average course fee: INR 14 Lakhs
- Accepted entrance exam: CAT, XAT, GMAT, NMAT, STAT
- Placement package after graduation: INR 18.5 Lakhs per year
6. ICFAI Business School:
ICFAI Business School Gurgaon is one of the nine campuses of IBS located in the metro cities of the country. It has campuses spread over cities like Dehradun, Jaipur, Ahmedabad, Hyderabad, Mumbai, Bangalore, Pune and Kolkata.
This business school is one of the most popular in India and offers a two-year, full-time program to students in various disciplines such as human resources, financing, marketing, and more.
- Establishment year:1995
- Average course fee: INR 9.1 Lakhs
- Accepted entrance exam: CAT, XAT, NMAT, IBSAT
- Placement package after graduation: INR 22.93 Lakhs per year
7. The NorthCap University:
The NorthCap University was established by the Educate India Society. NCU is recognized by the Bar Council of India (BCI) and the University Grants Commission (UGC). QS I-Gauge has awarded NorthCap University an overall rating of DIAMOND.
The university comprises four schools: the School of Engineering & Technology, the School of Management and Liberal Studies, the School of Law, the Department of Applied Sciences, and the Center for Languages Learning. All four schools offer undergraduate, graduate, and doctorate programs.
- Establishment year:1996
- Average course fee: INR 9 Lakhs
- Accepted entrance exam: CAT, CUET
- Placement package after graduation: INR 5.5 Lakhs per year
8. Amity University:
The two-year postgraduate Master of Business Administration (MBA) program at Amity University Gurugram. The Association of Indian Universities counts Amity University Gurugram as one of its members.
The university provides UG, PG, PhD, and other courses to students in Engineering, Management, Law, Design, and other streams through its 16 schools of study and colleges.
- Establishment year: 2010
- Average course fee: INR 8.16 Lakhs
- Accepted entrance exam: CAT, MAT
- Placement package after graduation: INR 4.80 Lakhs per year
9. GD Goenka University:
The GD Goenka institution occupies 60 acres and is situated in Gurugram, Haryana. Moreover, it belongs to esteemed domestic and international organizations, like the Association of Indian Universities (AIU).
Additionally, GD Goenka University offers over 100 undergraduate, graduate, doctorate, and certificate programs in a variety of fields, including management, engineering, law, nursing, pharmacy, and more.
More than thirty institutions and institutes from various nations, including the UK, USA, Canada, and Australia, are partners with G. D. Goenka University.
- Establishment year: 2013
- Average course fee: INR 10.5 Lakhs
- Accepted entrance exam: CAT, MAT, CMAT
- Placement package after graduation: INR 4.8 Lakhs per year
10. Shri Vishwakarma Skill University:
The AICTE has approved Vishwakarma University Gurgaon. Students in engineering, management, and other fields can pursue UG, PG, diploma, and certificate programs at Shri Vishwakarma Skill University Gurugram through its affiliated colleges.
- Establishment year: 2016
- Average course fee: INR 96,000
- Accepted entrance exam: CAT, MAT, XAT
- Placement package after graduation: INR 6 Lakhs per year
What is the ROI of MBA colleges in Gurgaon?
- When a student takes a full-time MBA course, evaluating the college’s return on investment or ROI is a very crucial factor. It helps students determine how quickly they can reimburse their financial investments.
- A good ROI in an MBA college means quick career growth and scope for career escalation apart from a faster process of regaining financial investment.
- Gurgaon is a city that has a large number of companies, MNCs, IT, and financial firms which often hire MBA graduates at decent salary packages for various appealing job positions.
Frequently Asked Questions:
1. How many MBA colleges are there in Gurgaon?
Along with other top management courses, all of the city’s universities offer PGDM and MBA programs. In Gurgaon, there are 62 colleges altogether, comprising 2 government and 59 private MBA programs.
2. Does MDI Gurgaon offer an MBA?
The goal of MDI’s programs is to develop and motivate the upcoming generation of strategic business leaders. The MDI MBA equips you to adjust to the ongoing shift that global economies are experiencing. A vast array of programs is available to working executives and management students at MDI Gurgaon.
3. When should I start preparing for the MBA entrance exam?
The final year of graduation is when MBA preparation starts. Since it takes months to fully prepare for MBA admission tests, most prospective managers start their preparation as soon as they start their third year of a bachelor’s degree program.
However, there are several obstacles to overcome when getting ready for an MBA admission exam, such as the extensive course material, the challenging questions, and the level of competitiveness.
4. How many specializations are offered by top MBA colleges in Gurgaon?
There are around 37 specializations offered in MBA. Most colleges in Gurgaon offer the following specializations:
– General
– Marketing
– Finance
– Human resource management
– Operations management
– Information technology
– Foreign trade
– International Business
5. Can I pursue an MBA in Gurgaon without a CAT?
If you do not have a CAT exam score, then you must have a valid score in one of the nationally accepted management like GMAT, CMAT, XAT, NMAT, etc. To confirm which exam is accepted in your college, it is best to refer online details.
Conclusion:
Some of the nationally recognized and reputed management institutions in the Gurgaon area. The universities here offer full-time MBA/PGDM/PGPM programs with extensive support to students which feature academic comprehensiveness, exposure to industry, placement services, and more.
Apart from this, Gurgaon is witnessing massive developments in the startup and business sectors. This place houses some of the top MBA colleges in Gurgaon and if you are interested in pursuing your career in the Masters of Business Administration program, applying to a Gurgaon-based business school is a safe bet.
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