While earning an international education from B-schools abroad would look great on your resume in terms of experience gained, it could sometimes get quite expensive than necessary. India has numerous amount of colleges, universities and B-schools offering postgraduate management degrees in the country. Indian MBA colleges and B-schools have equally proved to provide competitive curriculum at affordable prices with scholarships and exchange programs. The cutting edge curriculum designed to construct global leaders attracts a large number of students who come flocking every year with the hope of becoming successful industry leaders in the future. With various institutions offering postgraduate management courses, it could sometimes get overwhelming to choose an institute that meets your needs. If you have decided to pursue a career in management here is a list of colleges to help you choose from some of the best management schools in the country.

Indian Institute of Management Ahmedabad (IIMA)

Founded in the year 1961 is a prestigious business school located in Ahmedabad, Gujarat. IIM Ahmedabad offers two years PGP, PGPX and one-year PGP-FABM programs. It is an autonomous institute run by the IIMA society. According to the government of India NERF ranking, 2020 IIM A is ranked first on the list for top 10 business schools in India.

Eligibility & Tuition Fee

The candidates are selected based on their CAT and GMAT scores. The minimum cut off for CAT is 75 percentile for the backward category and 80 percentile for general category. They must also have scored a minimum of 50% average during their bachelor’s degree. The total program fees payable for PGP and PGP-FABM amounts to Rs.23, 00,000 and Rs.25, 00,000 for PGPX program.

Placements

Placement cells are conducted to ensure placements of the entire batch. During this process, students are allowed to choose the functions of their choices and sit for interviews with various recruiters. The average salary offered amounts to Rs.24 Lakhs and the highest salary offered is about Rs.72 Lakhs.

Indian Institute of Management Bangalore (IIMB)

Established in the year 1973, this Elite institute in Asia is ranked second on the list as per the government of India NERF ranking 2020. IIMB is located in the vicinity of some of the leading organizations ranging from consumer electronics, pharmaceuticals, biotechnology to aerospace and defence. IIMB also has collaborations and partnerships with companies like Goldman Sachs and Dell.

Eligibility & Tuition Fee

CAT and GMAT scores are considered. The student from the general category should have scored 85 percentile in Cat to be eligible for WAT and PI round. The students are also shortlisted based on their academic scores and work experience as well. The two year PGP program amounts to Rs.21, 45,000.

Placements

IIMB holds a record for consistent 100% placements. The human resource veterans from placement cells ensure that only the best brands participate in the recruitment process. Average salary package offered is Rs. 24, 00,000 and Rs. 62, 00, 00 for average international packages.

Indian Institute of Management Calcutta (IIMC)

It is one of the first Indian institutes of management which was established in the year 1961. Due to its various prestigious programs in research, consulting and doctoral levels it falls into the top category of IIM’s which is ‘ABC’. It is ranked third on the list according to the government of India NERF ranking 2020.

Eligibility & Tuition Fee

CAT entrance scores are a must for admissions in IIMC. The minimum cut off percentile for CAT is 85 but the cut off could reach 98 Percentile during final selections. The candidates must show excellent calibre in WAT and PI rounds as well. The candidates must also have a minimum of 50% average from their bachelor’s degree or equivalent qualification. The two year PGDM course fees amount to about Rs.22, 60,000.

Placements

IIM Calcutta has career development cells represented by its own students. It has a faultless placement record with an average salary package ranging from Rs.25, 36,000 to highest salary package being Rs.75, 00, 00.

Indian Institute of Management Lucknow (IIML)

IIML is an autonomous business school established by the government in the year 1984. This prestigious institute is considered as an institute of excellence by the ministry of human resource development. The PG programs are offered for a two year period whereas the Noida campus alone teaches a one-year full-time MBA program. This institute is also accredited by AMBA-International Accreditation Agency. According to the government of India NERF ranking 2020, it is ranked at number four.

Eligibility & Tuition Fee

The PGP course is two years long and it amounts to about Rs.14, 16,000. CAT and GMAT scores are accepted. Only those graduate and final year students are eligible who have secured a 50% aggregate during their bachelor’s program. The overall CAT cut off is 90 percentile for general category and between 70 to 82 percentiles for other categories.

Placements

Career development council is set up in order to help provide guidance to its students. IIML holds a record for securing 100% placements. As per the 2019 placements records 147 recruiters offered 445 students with 460 offers. Some of the top recruiters belonged to companies like Boston group of consulting, Flipkart, Amazon etc.

XLRI Xavier School of Management

It is an autonomous private school which was established in 1949. It is located at Jamshedpur in Jharkhand. This school prides over having the most experienced faculty in the country. It is ranked at number nine as per the government of India NERF ranking 2020.

Eligibility & Tuition Fee

XAT, CAT or GMAT scores are accepted. Students should also have secured an aggregate of 50% marks during their bachelors. XAT cut off percentile is 96 for all categories. Total course fee amounts to Rs.20, 00,000.

Placements

XLRI is said to have a 100% placement record. The average salary in 2019 amounted to Rs.22, 35,000. This institute is known for attracting placement offers specifically based on two courses which are human resource and general management. It has also attracted attention from some of the leaders in the corporate sector such as Xiaomi, Google etc.