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Top MBA Colleges in 2016
With better career opportunities providing higher salary, holistic perspective over the business world, advanced networking, leadership opportunities etc., students have resolved that MBA can help them expand their career in one go.
MBA, the most sought after postgraduate program to persist in the business world, indeed has a wide range of criteria to be taken care of before choosing it. Criteria such as the MBA specializations, whether to choose a 1-year or 2-year MBA, which college to go to; certainly put students in a difficult situation.
An MBA degree can be done as a 2-year traditional degree or as a 1-year MBA program, which is an accelerated option for students having a crystal clear career goal as their dream. Some of the most popular majors chosen in MBA today are Finance, Human Resource Management, Marketing Management, Operations Management etc. The expansion in the global business economy has given rise to new MBA specializations such as Rural Management, Information Technology, Supply Chain, International. Business (IB) etc.
Even if the specializations are chosen, another dilemma that takes shape is whether to choose a government college or a private college. Considering the value of the degree offered, facilities, placements and career options that the colleges provide, you should proceed with choosing the colleges that are best for you.
To help you get a seat in the best B-Schools in India, various entrance exams like CAT, MAT, SNAP, XAT etc are conducted across India. A list of the top 5 B-Schools in India is categorized below with their exceptional qualities that made them to be on top:
Indian Institute of Management (IIM) Bangalore:
Located in the high-tech capital of India, IIMB is in close proximity to some of the leading corporate houses in the country, ranging from information technology to consumer product companies, giving it the added advantage of integrating classroom knowledge with practical experience. IIMB is the only Indian business school to feature among the Top 50 B-schools in the Financial Times Executive Education 2015 Rankings, along with the London Business School, Harvard Business School, University of Oxford and several others.
IIMB was also ranked among the Top 30 Business Schools in the world on the prestigious Financial Times Master of Management Rankings for 2015. IIM Bangalore recently topped the list of best management institutes in the “India Ranking 2016” – the first ever . national ranking of universities by the Government.
Faculty of Management Studies, University of Delhi:
FMS is among the few Top B-Schools of India where every tenured faculty member is a Ph.D graduate. Every student in FMS is part of a Management Science Association (MSA), a student body consisting of different panels that focus on particular functional areas of interest.
To encourage entrepreneurship, FMS provides a placement holiday to students who wish to engage in their own businesses and allows them to participate in a subsequent placement process for up to two years, in case they want to take advantage of the opportunity. Nestled in a strategic location that is at the crossroads of busy corporate and student activity, FMS has hosted more than 200 business leaders in the last year to facilitate a comprehensive learning curve for its students.
Indian Institute of Management, Ahmedabad (IIMA):
IIMA is consistently rated as the Top B-School in India by reputed national agencies. The institute was ranked 16th in the Financial Times (FT) Masters in Management Rankings 2016 as well as ranked 24th in the Financial Times Global MBA Ranking 2016 in its top 100 list of B-Schools, announced in January 2016. The enviable record of the whole set set year after year, during the past 20 years, also shows the quality of the students accepted and the quality of training they receive.
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai:
NMIMS is located in Mumbai, Maharashtra, India. It is a private university one of the leading MBA College since last 34 years and awarded as 13th top Business World B-School Survey in 2014. The placement programs of 2015 included MBA, MBA HR, MBA Banking and MBA Capital Markets. The average salary offered is Rs. 16.51 lakh per annum, which is about 8% higher than last year.
NMIMS School of Business Management (SBM) is ranked 12th in top 100 management schools & 5th place in top 10 Pvt B schools in Outlook Drshti B School survey 2014, 9th rank top 25 B schools, 3rd rank upper 35 Pvt. Colleges, second rank above 25 Pvt. Colleges in Western Zone in The Week Hansa Research B-School Survey 2014 etc.
Department of Management Studies, IIT Delhi:
Department of Management Studies (DMS), IIT Delhi is known for its 100% placement record which is the reflection of the timeless ties and relationships with their corporate partners. DMS, IIT Delhi was ranked in the top 2 schools in the “Business and Management Research” category of the “Stanford Ranking” for 2015. Outlook ranked IIT Delhi 6th among the top 10 B-schools in India 2016. DMS, IIT Delhi shares top three ranks in India for business and management studies along with IIM Ahmedabad and IIM Bangalore in QS India University Rankings 2015.
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