Are you looking for the Best MBA colleges in Kerala? then you are on the right article. With the increasing competition in the employment market, earning an MBA or Master of Business Administration degree has become a crucial step for many for professional progression. Students can take up various specializations under these management courses to accomplish their career goals.
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Kerala is situated in the southern part of India and is popular for housing the most literate residents in the country. There are quite a few well-acclaimed MBA colleges in Kerala that are committed to providing students with an education that is of quality and credibility.
Additionally, most of the top MBA colleges in Kerala provide full-time, part-time, and distance education to students depending on their requirements and needs. Statistically, there are 150 MBA schools in Kerala, comprising 116 private and 33 government MBA colleges.
Why Should You Study for an MBA in Kerala?
Apart from housing breathtaking sceneries, temples, and cultural heritages, this state is also quite popular among students across the country. The colleges in Kerala are known to impart quality education and massive educational facilities to their students.
Students willing to pursue a career in the world of marketing, finance, business, and management can choose from a wide variety of MBA colleges in Kerala. Throughout history, the state has been home to numerous public and private establishments that have gained major prominence nationally.
Additionally, for those seeking diverse educational experiences, exploring options in Mumbai’s MBA colleges can offer a vibrant environment and unique learning opportunities.
Eligibility Criteria for MBA Program in Kerala
1. Graduation:
The MBA eligibility criteria in Kerala is to graduate from a recognized university with a minimum grade of 50% or more or an equivalent CGPA. There is no upper age limit to pursue an MBA; however, a certain MBA entrance exam mandates that the students be 21 years old and above.
2. Work experience:
Certain requirements can include work experience. Some colleges in Kerala prefer admitting students who have about 2-3 years of experience since it proves the existence of professional skills in the candidate.
3. Reservations:
Students in restricted categories, such as SC, ST, PwD, and OBC, are granted at least 5% of their MBA eligibility requirements to be waived upon graduation.
4. Group discussion and PI:
Moreover, some colleges in Kerala have additional criteria to select their students, such as group discussions and personal interview rounds. These bring out the characteristics of a candidate, their thinking ability, leadership skills etc. However, these are subjective to the colleges and vary throughout the state.
5. Proof of English proficiency:
Although uncommon, certain colleges could demand proof of English proficiency. This means that students have to take TOEFL or IELTS to demonstrate their ability in the English language. The benchmark score depends on the college.
Things to Consider While Choosing a MBA College
1. Institute ranking
Colleges are often ranked by several organizations based on various criteria. By thoroughly examining these rankings, students can decide on a college that best suits their academic requirements. Students can refer to a thorough list of rankings that includes placement scores, ranks, and value ratings while choosing the top MBA program or university in India.
2. Learn about the course professionals.
Most of India’s best MBA schools employ instructors with years of expertise, a strong teaching background, and a track record of accomplishment. Students benefit from experts who share their knowledge with the next generation of leaders. Distinguished visiting scholars from other prestigious universities occasionally teach courses at the colleges that receive invitations.
3. Program outline
With new industrial trends emerging in an ever-evolving business environment, students must ensure that the course material meets industry standards and expectations. Looking at the curriculum, you can get a feel of what is being taught.
Top MBA Colleges in Kerala
Here are some of the top MBA colleges in Kerala. Let’s have a look at them:
1. Indian Institute of Management Kozhikode (IIM Kozhikode)
Quite famous for quality management education, the Indian Institute of Management Kozhikode is one of the best MBA colleges in all of India. It offers a two-year postgraduate program in management (PGP), which includes a wide range of specializations.
The faculty at the institute is among the best in the profession, and its academic program is well known for its high standards. Moreover, the Indian Institute of Management throughout India is known to have diverse cultural accommodations because students throughout the globe flock to these colleges to pursue their MBA degrees.
- Establishment year: 1996
- Average course fee: INR 20,00,000 – INR 21,00,000
- Accepted entrance exams: CAT/GMAT
- Placement package after graduation: INR 29,50,000
2. National Institute of Technology, Calicut
Although not an exclusive MBA college, the National Institute of Technology in Calicut is known for its exceptional education, hence making it one of the most popular MBA colleges in Kerala.
It offers a two-year MBA program that will push students to get placed at high-paying jobs in the future. Additionally, this institute is reputed for acknowledging cultural fests, events, and more.
- Established year: 1961
- Average course fee: INR 2,90,515
- Accepted entrance exams: AMIE/GATE/IIM-CAT/AICTE-CMAT
- Placement package after graduation: INR 9,00,000
3. Rajagiri Business School, Kochi
Rajagiri Business School is regarded as one of the top MBA colleges in Kerala owing to its holistic approach to management education. The institute is a special option for MBA candidates since it places a strong emphasis on moral principles and sustainability in business.
- Established year: 2008
- Average course fee: INR 8,89,500
- Accepted entrance exams: CAT/MAT/CMAT/KMAT/XAT
- Placement package after graduation: INR 4,80,000
4. Xavier Institute of Management and Entrepreneurship, Kochi
Xavier Institute of Management and Entrepreneurship, or XIME, is another popular MBA college in Kerala, and it is especially known for implementing industry- and market-focused curriculums for students.
Moreover, this institute emphasizes entrepreneurship, which means the college provides students with skills, information, and abilities to succeed in the world of business.
- Established year: 2012
- Average course fee: INR 9,00,000
- Accepted entrance exams: XAT/CAT/CMAT/MAT/ATMA/GMAT/KMAT
- Placement package after graduation: INR 11,00,000
5. SCMS Cochin School of Business
Over the last few years, SCMS Cochin School of Business has risen in the realm of MBA-related education since it imparts management education of the highest caliber. It offers a large range of Master of Business Administration (MBA) programs, some of which have specializations in HRM, finance, and marketing.
- Established year: 1976
- Average course fee: INR 7,95,000
- Accepted entrance exams: CAT/MAT/XAT/CMAT/KMAT/ATMA
- Placement package after graduation: INR 7,80,000
6. LEAD College of Management, Pallakad
LEAD College of Management is an autonomous MBA college. It is quite popular for its two-year Master of Business Administration program, which is known to be biased towards value-based education. Moreover, this college also claims to contribute to the effective intellectual development of its students.
- Established year: 2010
- Average course fee: INR 3,60,000
- Accepted entrance exams: KMAT/CMAT/CAT
- Placement package after graduation: INR 3,43,000
7. Holy Grace Academy of Management Studies, Thrissur
Holy Grace Academy Of Management Studies is the largest fully residential business school in Kerala. This college particularly encourages students to master the key interactions for the efficient functioning of a business and apply practically learned concepts to arrive at a meaningful solution.
HGAMS is also known to facilitate curricular, co-curricular, and extracurricular activities thus striking a perfect balance between academics and fun, making it a perfect place for students to study at.
- Established year: 2005
- Average course fee: INR 6,00,000
- Accepted entrance exams: KMAT
- Placement package after graduation: INR 5,00,000
8. DC School of Management and Technology, Trivandrum
DC School of Management and Technology is one of the most sought-after options among students aspiring to pursue an MBA. This is purely because of the institute’s capability to impart quality education with exceptional practical knowledge. This sets the students apart from other graduates, promoting them to a higher-salary job.
- Established year: 2002
- Average course fee: INR 3,98,000
- Accepted entrance exam: MAT/KMAT/CMAT
- Placement package after graduation: INR 3,30,000
9. Cochin University of Science & Technology, Kochi
Cochin University of Science & Technology has an envious record of hosting enormous campus placement programs for its students. Their MBA program is widely known in Kerala since it is believed that this college hosts a plethora of national and international academic discourses, seminars, workshops, and other events that give students the chance to stay updated.
- Established year: 1971
- Average course fee: INR 3,22,000
- Accepted entrance exam: KMAT/CMAT
- Placement package after graduation: INR 5,76,000
10. Adi Shankara Institute of Engineering & Technology, Ernakulam
Adi Shankara Institute of Engineering & Technology, or ASBS, is one of the top MBA colleges in Kerala since it offers a progressive, research-led management education while firmly rooted in the ideologies behind a successful business. The experienced staff ensures that students apply theoretically learned knowledge practically by conducting various activities, projects, and more.
- Established year: 2004
- Average course fee: INR 2,90,000
- Accepted entrance exam: CAT/CMAT/KMAT
- Placement package after graduation: INR 4,30,000
Future of MBA
With increasing fierce competition in India, students often wonder if an MBA is worth pursuing in 2024. As there is a progression in the number of startups and business ventures in the country, MBA professionals have become one of the most sought-after compared to other professions. The demand for MBA is predicted to increase in the future due to the wide range of courses they provide, from analytics to finance.
Moreover, this increases their value from the perspective of a business.
The rigorous critical thinking, strategic planning, and problem-solving skills of MBA professionals are well renowned. Startups frequently encounter difficult problems that call for careful planning. With these abilities, MBAs may assist companies in navigating uncertainty and arriving at well-informed judgments.
Numerous MBA programs offer plenty of chances for networking. Through this network, startups can connect with possible partners, mentors, advisers, and investors. The contacts MBAs have with angel and venture capitalists can facilitate securing funding for businesses.
These days, many MBA programs offer innovation and entrepreneurship classes. MBAs who complete this program will have the attitude and resources needed to launch, grow, and manage new businesses, skills that are in line with the objectives of startups.
However, it is worth noting that pursuing a degree from a reputed business school is extremely important since it opens doors to various opportunities and exposes students to various practical situations essential for professional growth.
Talking about the salary of an MBA graduate, your degree of experience will determine your salary in India.
Your experience grows, and your salary rises as you move up the ladder. In India, the average starting pay for an MBA is Rs 290,000. However, an early career MBA salary in India might reach Rs 390,000 or more with just one to four years of expertise. In India, the pay for MBA graduates typically increases dramatically with experience.
Frequently Asked Questions
1. Which college is better for MBA in Kerala?
IIM Kozhikode, NIT Calicut, SCMS Cochin School of Business etc are some of the popular MBA colleges in Kerala.
2. How many MBA colleges are there in Kerala?
Kerala is home to 167 of the top MBA programs. Of them, 116 are privately held, 17 are owned by governmental or public institutions, and public-private partnerships own three.
3. Which MBA is highest in demand?
Currently, the most trending programs related to the MBA are artificial intelligence and machine learning.
4. Which MBA colleges in Kerala have the highest salary packages?
IIM Kozhikode, NIT Calicut, and Xavier Institute of Management and Entrepreneurship are some of the top MBA colleges in Kerala with high salary packages.
5. What are the average MBA fees in Kerala?
The average MBA fee in Kerala is about INR 10,00,000. Again, it depends on location, infrastructure, course program, etc.
6. Is KMAT mandatory to study MBA in Kerala?
No. KMAT is not compulsory to study for an MBA in Kerala. If the students have a score card from valid entrance exams such as CAT, MAT, or CMAT.
Conclusion
If you aspire to become a corporate leader, you have a plethora of opportunities when you pursue an MBA in Kerala. The state is a great place for management education because of its top-notch educational institutions, wide range of specializations, and unwavering advocacy for ethically sound corporate practices.
Apart from this, with increasing developments in the state, graduates can expect plenty of opportunities in the work front on completion of their MBA programs. If you think you’re prepared to advance in your career, you may wish to look into the Master of Business Administration (MBA) programs offered by respectable Keralan colleges.
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