Kalyani Roy

 2023-08-19  

MBA IN INDIA

MBA IN INDIA

The MBA course was originally conceived in the United States, where Harvard Business School launched the first Master of Business Administration in 1908. It was first devised to be a generalist degree, designed to equip business professionals with the skills for business management across many industries.

MBA in India: What types of programs are there?

Types of MBA colleges in India

Although most prominent business schools outside India have a university affiliation and offer an MBA degree, things are slightly different at MBA colleges in India. The more than 4,000 B schools in the country fall under one of five categories. Those affiliated with public or private universities and falling under the University Grants Committee's (UGC) remit. This is the biggest group at over 3,600.

Independent institutes approved by All India Council for Technical Education (AICTE), of which there are more than 300

Over 30 institutions governed by the Ministry of Education (MHRD)

Institutes promoted by individual ministries 

A few autonomous institutes 

Types of MBA in India

Based on the five categories above, the B schools in India offer different kinds of certification at the end of the MBA program. There are three main types:

MBA degrees

Post Graduate Diploma in Management (PGDM)

Post Graduate Program (PGP) certification

MBA vs. PGDM/PGP?

A more difficult decision is whether to pursue an MBA degree or an equivalent qualification, such as PGDM or PGP. Academically, PGDM/PGP programs are considered more practical and industry-focused when compared to MBA programs, which are usually more theoretical and technical. However, when it comes to industry recognition and the job market, both an MBA and a PGDM/PGP are equal in the eyes of employers in India. What matters more is the reputation of the business school. One place that an MBA degree may have an edge over its competitors is that MBA qualifications are recognized around the world. Particularly if you study at one of the top MBA colleges in India, your qualification is likely to improve your chances of career success around the world.

So, what are the top MBA colleges in India you should consider for your MBA course?

Indian School of Business (ISB), Hyderabad: Known for its rigorous curriculum and strong industry connections. 

XLRI - Xavier School of Management, Jamshedpur: Renowned for its HRM and Business Management programs.

SP Jain Institute of Management and Research (SPJIMR), Mumbai: Offers a unique pedagogy and has a strong reputation in the industry.

Management Development Institute (MDI), Gurgaon: Known for its academic excellence and industry partnerships. 

Symbiosis Institute of Business Management (SIBM), Pune: Part of the Symbiosis International University and offers various specializations. 

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai: Offers a range of programs and has a good track record of placements.

International Management Institute (IMI), Delhi: Known for its strong faculty and global collaborations.

Great Lakes Institute of Management, Chennai: Offers innovative programs and has a strong focus on analytics and entrepreneurship.

T.A. Pai Management Institute (TAPMI), Manipal: Known for its academic rigor and emphasis on ethics and leadership. 

KJ Somaiya Institute of Management Studies and Research, Mumbai: Offers a diverse range of programs and has a good reputation in the industry.

The only thing left to do is choose your course and give CAT,MAT,XAT,GMAT