Apart from arts and culture, Kolkata has pretty reputed MBA colleges in India. This city offers MBA degrees from a wide variety of institutes which actively attracts students from all over the India in search of a good quality management education. MBA colleges in Kolkata in 2024 maintain their standard of offering competitive curriculum, faculty backing and corporate network in their curriculum. If you’re thinking about getting an MBA in Kolkata, this article covers the details of the best colleges, rankings, fees, admission criteria, courses, and jobs available.
1. Indian Institute of Management IIM Calcutta
Ranking: Established in 1995, IIM Calcutta has always been amongst the top three management schools in country acknowledged for its accomplished faculty and sophisticated facilities. Among these, only a few Indian institutes are accredited by AACSB, AMBA & EQUIS and this institute is one of them.
Fees: The MBA program fee for two years at IIM Calcutta is about INR 27-30 lakh.
Admission: The process of admission commences with CAT scores then a personal interview accompanied by a written ability test. PRETTY stiff IIM Calcutta has one of the most rigorous admission tests for MBA, and candidates with solid academic credentials and a CAT percentile of over 95 ought to have it easy.
Courses: IIM Calcutta conducts a two years full time MBA, an Executive MBA and several short term management programmes. They are Finance, Marketing, Strategic Management, and Operations which all form part of the suggested curriculum.
Placements: Every year, the students from IIM Calcutta get placed in leading organizations like McKinsey, BCG or even Goldman Sachs and Google etc. The average package has been about 30 – 35 lakhs per annum with the highest offer up to 80 lakhs.
2. The Indian Institute of Social Welfare and Business Management (IISWBM)
Ranking: IISWBM business school is one of the oldest business school in India and is among the top MBA colleges in Kolkata. Popular for its drastically low fees structure as well as quality education.
Fees: The cost of the MBA program or two years is about INR 6-8 lakh if the fee for every year is around INR 3 lakh.
Admission: The IISWBM offers admission to CAT, MAT and XAT examinations. The final stages involve an organized group discussion and subsequent an individual interview for the shortlisted candidates.
Courses: Full time programme include MBA, MBA (Public Systems) while part time programme include a number of courses such as MBA, MBA in Computer Applications, MBA (Service Management), MBA (Human Resource Management), MBA (Banking & Finance), MBA (Marketing), MBA (Operations Management) and MBA (Tourism & Travel Management). In this program of entrepreneurship, students learn different aspects of finances, human resource, marketing, and the management of systems.
Placements: Located in New Delhi, IISWBM has been registering high employment rate where companies such as Deloitte, PwC, HSBC and ICICI Bank had made campus placements. The median size of the package about INR 6-8 lakh per annum while few premiere ones are ranging between INR 12-15 lakh.
3. Xavier School of Management (XLRI) arm at Kolkata
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Ranking: XLRI is a renowned brand in India and the campus situated in Kolkata is on par with XLRI Jamshedpur. Thus, MBA in XLRI Kolkata is gradually making its place among the top MBA institutions in Kolkata.
Fees: The total expense for MBA program is around INR 23-25 lakhs for the two year course.
Admission: A candidate is selected to get an admission into XLRI Kolkata through the XAT scorecard which is obtained through an exam. A candidate list is provided based on the merit list, which is prepared based on the scores; the companies then conduct personal interviews and group discussions.
Courses: XLRI Kolkata conducts a providing full time MBA in business management and PG Diploma in human resource management. The curriculum reflects the industrial needs and is therefore very relevant for today’s management positions.
Placements: The XLRI Kolkata placements are good and the companies that have visited for placements are Tata Steel, Amazon, and Flipkart. The mid-management level package ranges between INR 20 to 25 lakh per annum while the highest has been INR forty lakh.
4. Institute of Engineering and Management is one of the well equipped and rapidly growing Technical and Management institute
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Ranking: IEM is one of the most popular private colleges for management studies in Kolkata and is always figured in the ranking surveys across the country. It has always been reputed for its good infrastructure and mixture of academic orientation and competency Trainings.
Fees: The fee of the MBA programme in the IEM is between INR 7 lakh to INR 9 lakh per course.
Admission: CAT, MAT, XAT and WBJEMAT scores are considered for admission into IEM. The selected candidates participate in a group discussion and are followed by an interview for the last candidates.
Courses: The IEM includes full-time MBA program with majors in marketing, financial, operation and people management.
Placements: Placement cell is functional at IEM with Companies like TCS, Wipro, Cognizant, and Capgemini being the odd yearly visitors. The median offer size is between INR 5,00,000 to INR 7,00,000 and the highest offer size range between INR 10,00,000 to INR 12,00,000.
5. International Management Institute Kolkata
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Ranking: It is a B-School, which is a part of the IMI group and has gained high repute through the years especially for its overtures to International learning and exposure along with emphasis on internships and live case studies. It stands within the top MBA colleges of Kolkata according to the rating consistently.
Fees: Tuition fee of MBA program which is two years in duration is between INR 12-14 lakhs.
Admission: IMI Kolkata follows the CAT, XAT as well as GMAT for the purpose of admissions. The list of the shortlisted candidates is prepared depending on the scores they got in the examination and is called for personal interview and group discussion session.
Courses: IMI Kolkata has a two years full time MBA programme with majors in marketing, finance, operation and human resource management.
Placements: The placement record of IMI Kolkata is good with Deloitte and HDFC Bank, Maruti Suzuki are some of the companies that select students from IMI Kolkata. The median salary offered is to the range of INR 7-9 lakh and the highest packages can go up to INR 15-17 lakh.
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Final Thoughts
Now coming to the final observation Kolkata widers full flexibility of MBA programs for the academic segment different necessities and financial status of the students. While IIM Calcutta, and XLRI offer premium management education, other options such as IISWBM, IEM, and Heritage Business School offer cost effective, but good MBA education. When selecting an MBA college for your future, try to be very selective when it comes to faculty, industry exposure, alumni value and placement records.
