Want to enroll in a Top Business School in India? Here is a list of the top 5 Business Schools for you to choose from.
An MBA from a premier business school in India opens doors to a lot of lucrative career opportunities in India and abroad. Obviously, there are high standards for acceptance in these top schools. However, knowing which business schools to choose would make a difference to how you career shapes up.
In a world buzzing with business-centrism, business schools play a crucial role in shaping business goals and entrepreneurial opportunities. Also known as B-schools or management schools, these schools aim to train students in a wide variety of key managerial roles. They offer undergraduate, postgraduate, doctoral, and executive management education programs. They also serve as research centers and incubators for start-ups and business ideas. They aim to create thought leaders through innovative programs, outstanding faculty, and internships with prominent businesses.
To rank institutions, different parameters are used that comprise teaching, learning & resources, research & professional practice, placements, and so on. India’s Ministry of Human Resource Development outlines the ranking for the top universities on these parameters; known as NIRF- National Institute Ranking Framework.
Based on the scores in various admission tests, such as Common Admission Test (CAT), Graduate Management Admission Test (GMAT), Graduate Record Examination (GRE), Graduate Aptitude Test in Engineering (GATE), etc., work as a qualifier for these programs followed by a written ability test (WAT), and a personal interview (PI), you can get admission to these top institutions.
Below are the 5 Top Business Schools in India:
- Indian Institute of Management Ahmedabad – Gujarat
Ranked #1 by the NIRF ranking 2020, IIM Ahmedabad is a public, autonomous institute, established in 1961. It is considered to be one of the top business schools in India, founded by Vikram Sarabhai and Kasturbhai Lalbhai with the help of the Government of Gujarat.
IIM Ahmedabad provides various programs especially MBA (PGP) in Management and Agri-business Management, Ph.D. in Management, a fellowship program, and a number of executive training programs. The students are also allowed to spend a semester in affiliate business schools abroad.
Some of the notable alumni of IIMA are – K. V. Kamath, Mallika Sarabhai, Kailasam Raghavendra Rao, S. P. Kothari, Chetan Bhagat, Deep Kalra, Shikha Sharma.
- Indian Institute of Management Calcutta – West Bengal
IIM Calcutta was the first government business school established in India in the year 1961.
Titled ‘The Campus of 7 Lakes’, IIMC is one of the leading business management schools in India. With Post Graduation, Doctoral, and Executive programs, this institution has maintained its performance over the years with a ranking of 3rd by NIRF.
The courses offered here are – MBA, MBA for Executive Programme, PG Programme for Executive for Visionary Leadership in Manufacturing, Ph. D., Executive Education, and Masters in International Management.
Notable alumni of this institution include Sunil Duggal, Ramachandra Guha, Amish Tripathi, and Swami Mukundananda.
- Indian Institute of Management Bangalore – Karnataka
IIM Bangalore is a prestigious business school and one of the top management schools in India. Founded in 1973, the IIMB campus is located near Bannerghatta Road, Bangalore, Karnataka, and is all set to open its second campus at Anekal. It is ranked 2 among the top business schools in India by NIRF 2020.
Every year, over 1200 students get enrolled in different courses through an eligibility test. This institution offers 6 courses – Postgraduation, Diploma, Certificate courses, Executive programs (full time/part-time), etc.
K. Radhakrishnan, Damodar Mall, Karan Bajaj are some of the notable alumni of IIMB.
- Indian Institute of Management Lucknow – Uttar Pradesh
Recognized as an “Institution of Excellence” by MHRD, IIM Lucknow was established in 1984 as the 4th IIM in India. This autonomous institute offers various Postgraduate courses such as PG in Management, Food, Agri-Business Management, Sustainable Management; Diploma in Management; International Program in Management, and Fellow and Executive program in Management.
IIM Lucknow is currently serving as a mentor institute for IIM Jammu, Rohtak, and Kashipur.
5. Indian Institute of Technology Kharagpur – West Bengal
Vinod Gupta School of Management IIT Kharagpur is ranked 5 top management school across India. Regarded as the “Institute of Eminence” by the Government of India, it is the 1st of the IITs to be established in India.
IIT Kharagpur offers a wide variety of courses including B.Tech, MBA, B.Arch., Integrated, LLB, LLM, Ph. D. programs, and many more.
Arvind Kejriwal, Sundar Pichai, K. Radhakrishnan, Arun Sarin are some of the remarkable alumni of this institution.
For details on how and where to prepare for this highly competitive admission test, check out CAT Preparation and let us know your views.
Good info
🙂 🙂