Is an MBA your dream career? Choose Kolkata the “City of Joy” for management education. Top-tier MBA education from MBA colleges in Kolkata will help you set up as a marketing management or finance manager.
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With over 100 top MBA colleges, Kolkata is a hub for high-quality master of business administration (MBA) education. Aspiring business leaders can choose from prestigious institutes like IIM Calcutta or IMI Kolkata, which offer cutting-edge MBA programs and strong industry connections. These colleges provide specialization in many fields, including finance, marketing, human resource management, and others to meet the various needs of the students.
Regardless of your aspirations to become a successful entrepreneur or move up the corporate ladder, MBA programs in Kolkata provide the ideal foundation to launch a flourishing MBA career. Let’s discover the 10 best MBA colleges in Kolkata! If you’re interested in exploring MBA options in other bustling metropolitan areas, you can check out MBA colleges in Mumbai.
Eligibility Criteria for MBA
Requirements for admission to MBA programs may vary across colleges in Kolkata. However, the following are the basic requirements for admission into the best MBA colleges in Kolkata. Let’s check out:
- Degree Requirement: A bachelor’s degree or its equivalent in any discipline from a recognized university is a prerequisite for admission to the full-time MBA program in Kolkata.
- Average Score: Most institutions follow graduation requirements that require an average score of 50% or higher. The minimum aggregate score required for reserved category students is 45%.
- Eligible for MBA Program: Candidates who are in the final year of graduation can also be eligible candidates to apply for the MBA program. Provided they can provide documentation that they have completed their degree within the specified time frame.
Most Popular Entrance Exams Accepted by MBA Colleges in Kolkata?
The most popular entrance exams accepted by MBA colleges in Kolkata are:
- CAT: The Indian Institute of Management (IIM) conducts this national-level entrance exam. In India, it is considered to be the most prestigious and competitive MBA entrance exam.
- MAT: All India Management Association (AIMA) conducts this entrance exam at the national level. Compared to CAT, this exam is somewhat less competitive, and many B-schools in India, including Kolkata, accept it.
- XAT: XLRI Jamshedpur conducts this national entrance exam. Like CAT, it is considered a challenging exam that is accepted by many of the best B-schools in India including Kolkata.
- JEMAT: West Bengal Joint Entrance Examination Board (WBJEEB) conducts this state-level entrance exam.
- CMAT: The National Testing Agency (NTA) conducts this entrance exam at the national level.
- ATMA: AIMS institutes offer this entrance exam at the national level.
List of 10 Best MBA Colleges In Kolkata
1. IIM Calcutta
Key Information
- Type: Public College
- Established: 1961
- Accredited by: AACSB and AMBA
- Rank: 4th by NIRF 2023 Ranking under the management category
- MBA/PGDM 3 Courses Tuition Fees: 25 lakh
- Admissions: PGDBA admission 2024 is now closed. Keep an eye on the college’s website for updates
The Indian Institute of Management Calcutta (IIM Calcutta) is India’s first and one of the most prominent business schools. IIMC, renowned for its emphasis on real-world application and rigorous academic standards, offers a range of programs including the highly-ranked MBA and the Executive MBA.
With accreditation from the three main international accreditation agencies, AACSB, AMBA, and EQUIS, the MBA college in Kolkata can proudly display its “Triple Crown” certification. IIMC fosters a close-knit community in a world-class learning environment, making it an ideal destination for aspiring business leaders.
2. Sister Nivedita University
Key Information
- Type: Private University
- Established: 2017
- Recognized by: UGC, AICTE, AIU, NAD, BCI
- Rank: MBA ranking by Outlook is 56 out of 200 colleges in India in 2024
- MBA/PGDM 5 Courses Tuition Fees: 3.4 lakh to 5.2 lakh
- Admissions: 2024 admissions are open for all courses
The MBA program at Sister Nivedita University gives students the skills and knowledge needed to succeed in the business field. This course offers a comprehensive curriculum covering a range of business management topics such as operations, marketing, finance, and human resources.
Through a combination of classroom instruction, case studies, and industry projects, students gain insight into the latest business trends and practices at this MBA college in Kolkata.
3. IMI Kolkata
Key Information
- Type: Private business school
- Established: 2010
- Recognized by: AICTE
- Rank: 52nd among business schools in India by NIRF Ranking 2021
- MBA/PGDM 1 Course Tuition Fees: 9.8 lakh
- Admissions: The PGDM application process closed on Mar 2, 2024. Check the college’s website regularly for updates
International Management Institute Kolkata (IMI Kolkata) is a well-known private business school established in 2010. The MBA college in Kolkata is renowned for its industry-focused curriculum and excellent placements. It offers a 2-year PGDM program which is considered equivalent to an MBA and is recognized by national and international agencies. IMI Kolkata, renowned for its faculty and facilities, has a 100% placement rate, competitive average earnings, and top-notch benefits packages.
4. IEM Kolkata
Key Information
- Type: Private
- Established: 1989
- Approved by: AICTE
- Rank: 14th as best private university – Constituent College across India by Outlook 2024
- MBA/PGDM 2 Courses Tuition Fees: 6 lakh
- Admissions: The WBJEE 2024 exam 2024 will be held on Apr 28, 2024.
Known for its solid foundation in engineering and management education, the highly prestigious Institute of Engineering and Management (IEM Kolkata) is located in eastern India. The MBA college in Kolkata offers a range of undergraduate and graduate degrees, in a variety of disciplines, including business administration, mechanical, electrical and electronics, and computer science. IEM Kolkata, renowned for its high-quality education and industry-focused methodology, has a strong alumni network and places its graduates in top positions.
5. ISB&M Kolkata
Key Information
- Type: Private business school
- Established: 2004
- Approved by: AICTE and UGC
- Rank: 5th in the top 100 private institutes by Times B School Ranking of TOI
- MBA/PGDM 6 Courses Tuition Fees: 9.6 lakh
- Admissions: Applications for the PGDM program are accepted online
International School of Business and Media Kolkata (ISB&M Kolkata) is a private business school that offers a PGDM program. It has a strong alumni network, with over 2500 graduates working for well-known corporations like Google, Apple, and Amazon.
Offering PGDM programs with dual specialization in six streams (marketing, finance, human resource management, supply chain and operations management, business analytics, and media and communication management), the institute boasts a 100% placement record since its inception.
In Eastern India, ISB&M Kolkata is considered a premier institute for management and media education.
6. Globsyn Business School
Key Information
- Type: Private business school
- Established: 2002
- Approved by: AICTE
- Rank: 150 out of 200 colleges in India in 2023 by Outlook
- MBA/PGDM 3 Courses Tuition Fees: 8.3 lakh to 8.7 lakh
- Admissions: The May Session ATMA exam will be conducted on May 11, 2024.
Globsyn Business School (GBS), a renowned institute in Kolkata, was established in 2002 and offers postgraduate management programs. With AICTE approval for both their PGDM and PGDM (business analytics) degrees, the MBA college in Kolkata is renowned for its strong focus on innovation, research, and technology. Its state-of-the-art facilities and emphasis on hands-on learning have made GBS a popular choice for aspiring management professionals, especially in Eastern India.
7. Heritage Business School
Key Information
- Type: Private business school
- Established: 2003
- Approved by: AICTE
- Rank: 31 B-School in India by Education World 2023 rankings
- MBA/PGDM 1 Course Tuition Fees: 5.4 lakh
- Admissions: MBA admissions are closed for the academic session 2023-25 and 2024-26 will be open soon
Established in 2003, Heritage Business School (HBS) is a member of the Heritage Group of Institutions based in Kolkata. They offer a full-time, 2-year MBA program with a specialization in business analytics, MIS, marketing, finance, and human resources. The MBA program of the institute has AICTE approval and is affiliated with the Maulana Abul Kalam Azad University of Technology.
The MBA college in Kolkata is one of the best B-schools in West Bengal and India and has PhD-holding faculty members with real-world expertise. It has also recently been recognized for its exceptional placement record.
8. CII School of Logistics, Amity University, Kolkata
Key Information
- Type: Private
- Established: 2023
- Approved by: UGC
- MBA/PGDM 2 Courses Tuition Fees: 8.6 lakh to 17.2 lakh
- Admissions: MBA admission 2024 is open
CII School of Logistics at Amity University, Kolkata was established in 2023. It is a relatively new institute but benefits from the experience and industry connections of the extensive CII School of Logistics network. Their flagship course is a 2-year MBA in Logistics and Supply Chain Management, which was created by professionals in the field to provide you with in-demand skills.
The MBA college in Kolkata emphasizes practical learning through internships with reputed organizations and their placement record is 100%. Although the Kolkata campus ranking is not widely available, its association with the established CII School of Logistics and the reputation of Amity University suggests a program worth considering.
9. Calcutta Business School
Key Information
- Type: Private business school
- Established: 2008
- Recognized by: AICTE
- Rank: 7th among top private B-schools in eastern zone by Outlook
- MBA/PGDM 1 Course Tuition Fees: 7.5 lakh
- Admissions: Admission 2024 is open for all courses
Established in 2008, Calcutta Business School (CBS) is a private business school offering BBA in business and data analytics along with PGDM programs recognized by AICTE. Among the top 5 B-schools in West Bengal, this MBA college in Kolkata is known for its lush green 15-acre campus and residential options. To prepare students for successful careers, its program emphasizes practical learning through case studies, real projects, and industry connections.
10. BIBS Kolkata
Key Information
- Type: Private
- Established: 2008
- Recognized by: UGC
- Rank: 3rd best B-school in Eastern India by The Times of India
- MBA/PGDM 6 Courses Tuition Fees: 3.6 lakh to 7 lakh
- Admissions: The XAT 2024 exam was held on January 7, 2024. For the XAT 2025 exam schedule, check the college website regularly
Bengal Institute of Business Studies, or BIBS Kolkata, is a top business school in India renowned for its dedication to developing the next generation of business leaders. The MBA college in Kolkata focuses on teaching industry-relevant knowledge and practical skills through a wide range of management programs, such as MBA and PGDM.
BIBS is highly regarded for its innovative curriculum, which combines case studies, industry connections, and internships with academic rigor and experiential learning.
Additionally, the faculty comprises experienced professionals and academicians, ensuring an all-round educational experience. The institute has an excellent placement record, connecting students with leading corporations.
FAQs
1. How much does it cost to do an MBA in Kolkata?
Depending on the MBA colleges in Kolkata, the cost of an MBA may vary. Prestigious colleges like IIM Calcutta may charge 15 to 20 lakh for an MBA course, while less renowned colleges may charge 3 to 5 lakh.
2. Which branch of the MBA is good?
It depends on your career goals. Finance and marketing have always been popular career options with promising futures. However, industries, such as healthcare management and business analytics are expanding rapidly. So, consider what excites you and find the branch of MBA that best suits your skills.
3. Is the CAT exam compulsory for an MBA?
No, all MBA aspirants don’t need to take the CAT exam. This is widely accepted, especially for specific schools, although alternatives, such as the MAT or XAT exams also exist. For MBA admission, some universities also take into account your undergraduate grades.
4. Is MBA good for the future?
Yes, an MBA is one of those degrees that can make your career and give you lots of prospects for future advancement. This may prove to be a wise investment in the future. An MBA degree gives you a solid network, business skills, and leadership abilities. These are useful in the changing job market, and earning potential is often higher for MBAs.
Conclusion
MBA colleges in Kolkata provide a great start to your career. They prepare you for leadership roles in a variety of industries by providing top-level education from experienced faculty. Expertise in areas, such as IT, marketing, and finance allows you to tailor your talents to your dream job.
Placements with top companies can be facilitated by the strong industry connections and renowned alumni networks of these MBA colleges. Ultimately, Investing in an MBA from Kolkata can help you grow professionally and pave the way to a prosperous future.
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