Doing an MBA has become a popular ambition not only for students but also for professionals, and it's easy to see why. This is one of the most lucrative degrees, with bright employment prospects in the business sector. There are an array of benefits to pursuing an MBA degree and they can be maximized by selecting a reputable business school for your studies. Management aspirants frequently struggle with the pressing question of which B-School or college is the best fit for earning an MBA. With this topic in mind, we bring a blog that provides information about the best MBA colleges in Kolkata.
Best MBA college in Kolkata: The Top 7
If you are thinking about which college is best for an MBA in Kolkata, you are at the right place. Here is a list of the top seven business management colleges in Kolkata that offer MBA programmes with different specializations.
1. IIMC (Indian Institute of Management, Calcutta)
When discussing MBA colleges in Kolkata, how can we miss the prestigious IIMC or Indian Institute of Management, Calcutta?
Ranked 4 by NIRF, IIMC is one of the elite group of 4 top-ranked IIMs in the country. Established in Kolkata in 1961, IIMC offers a two-year flagship MBA programme in full-time regular mode, alongside a range of other postgraduate courses. This prestigious college is accredited by AACSB, AMBA, and EQUIS and admits students primarily through the Common Admission Test (CAT). Candidates considering IIMC should aim for a CAT score of above 90%. Although the cut-off for admission to IIMC in 2023 is 85 percentile, candidates scoring in the range of 96-99 percentile or higher are prime contenders for admission.
Course Name:
MBA
MBA Ex (MBA for Executives Programme)
Duration:
MBA- 2 years
MBA Ex (MBA for Executives Programme)- 1 year
Approx Course Fees:
MBA- 25 Lakhs
MBAEx- Rs 31 lakhs
2. IIFT
Another premier business school in Kolkata with NAAC certification is the Indian Institute of Foreign Trade (IIFT). One of the top business schools in the eastern part of India, IIFT was founded in 1963 by the Ministry of Commerce & Industry as an autonomous body. This institute offers higher education in business management, international trade, etc. In 2002, IIFT was granted "Deemed to be University" status. IIFT offers a full-time, part-time, and online MBA program in international business at its campus in Kolkata along with an MBA in Business Analytics.
Course Name:
MBA- International Business
MBA- Business Analytics
Duration: 2 years
Approx Course Fees: Rs 20.9 lakhs
3. Globsyn Business School
If ranking, state-of-art infrastructure, industry-relevant curriculum, great placement, and world-class faculty are what you are looking for in an MBA college then Globsyn Business School (GBS), Kolkata is the one. In recent years, GBS has distinguished itself as one of the best MBA colleges in Kolkata and the entire eastern region of the country. In addition to the AICTE-approved PGDM and PGDM-Business Analytics programs, the GBS in partnership with the Malaysia University of Science and Technology (MUST) also offers an MBA (Global) degree in International Business. The GBS MBA (Global) is counted among the top international MBA programs in Kolkata and India. Along with theoretical knowledge, this course also offers the Global Immersion Programme (GIP), which exposes students to intensive classes, case studies, projects, and dissertations.
Course Name: MBA (Global)- International Business
Duration: 2 years
Approx Course Fees: Rs 8.35 lakhs
4. IISWBM
Founded in 1953 by the University of Calcutta, IISWBM, Kolkata is India's first management institute. One of West Bengal's most esteemed institutions, the B-School has affiliations with the University of Calcutta and AICTE accreditation. Along with a host of other postgraduate programmes, IISWBM also offers MBA courses on different specializations. The institute also offers MBA Day and Evening programmes.
Course Name: MBA
Duration: 2 years
Approx Course Fees:
MBA-Day- Rs 8.3 lakhs
MBA (HRM)- Rs 6.3 lakhs
MBA-Evening- Rs 6.10 lakhs
MBA-PS- Rs 5.15 lakhs
Affiliation: University of Calcutta
5. ARMY Institute of Management (AIM)
AIM was established in 1997 by the Army Welfare Education Society (AWES) with the goal of providing top-notch management education to the wards of Army servicemen. Although AIM was established for the Army personnel and their wards, a certain number of seats are also allotted for general students. AIM offers a two-year, full-time MBA program with dual specializations. A valid CAT scorecard is required to apply for admission to AIM. Additionally, a person would qualify for direct admission to the institute if they possess a valid JEMAT Rank card and Allotment card from MAKAUT.
Course Name: MBA (full-time residential)
Duration: 2 years
Approx Course Fees:
Army- Rs 7.44 lakhs
General- Rs 9.69 lakhs
Affiliation: Maulana Abul Kalam Azad University
6. Dept of Business Management- Calcutta University
Calcutta University (CU) is one of the most esteemed public universities in West Bengal. Among an array of postgraduate courses, the university also offers the Master of Business Administration (MBA) program at its Post Graduate Department in Alipore Campus. This course
is a notable choice for management aspirants looking for an affordable MBA programme. The University of Calcutta has been ranked 12 under the University category by NIRF 2023 and accredited with a Grade A by NAAC. CU's MBA program, conducted over a span of two years, is a full-time course and candidates can undertake dual specializations in fields like financial management, HRM, etc.
Course Name: MBA
Duration: 2 years
Approx Course Fees: Rs 16,508/-
Affiliation:
UGC
AIU
ACU
7. Institute of Engineering and Management (IEM)
IEM has built a name for itself in Kolkata's extremely competitive B-School sector. The institute has been awarded Grade A with a score of 3.25 by NAAC and is accredited by AICTE and NBA. IEM offers both PGDM and MBA programmes and stands out of the crowd owing to its distinguished faculty, and summer and winter internships. Along with specialization in marketing, finance, operations, and HRM, IEM also offers an MBA in Business Analytics. The institution has collaborations with overseas universities and companies to provide students with global exposure through study tours, corporate visits, and conferences.
Course Name: MBA
Duration: 2 years
Approx Course Fees: Rs 6.4 lakhs
Affiliation: Maulana Abul Kalam Azad University of Technology
Conclusion
Are you still confused about which college is best for MBA in Kolkata? If yes, we hope this blog will ease your mind. This is not an exhaustive list, and you can include as many names as you want based on your preferences and needs. Whichever MBA college you choose, remember to look for a few things like accreditation, ranking, alumni, placement records, and faculty. We wish you all the best in your quest to choose the finest MBA college for you.
Frequently Asked Questions (FAQs)
Which MBA college is best in Kolkata?
Kolkata has a number of good MBA colleges. It is challenging to mark any one college as the best for pursuing an MBA degree. We suggest you refer to the blog above for more information on the best MBA colleges in the city.
What is the general eligibility for admission to Kolkata MBA colleges?
To apply to any MBA college a candidate must possess the following eligibility:
Graduation with a 50% score, from a recognized university.
A valid score in any of the MBA entrance exams like CAT, XAT, MAT, etc.
What is the typical cost of an MBA program in Kolkata?
The course fees for an MBA in Kolkata can vary widely. One can expect a fee as low as Rs16500 and as high as Rs 30 lakhs and above.
Is it possible to get direct admission to MBA in Kolkata B-Schools?
Yes, it is possible. A few prominent B-schools offer Direct MBA admissions without the need for a valid scorecard in any MBA entrance exam. Admission to such MBA programs is available through management quota, which allows candidates to pursue any field of study regardless of entrance exam score. Some private B-Schools, on the other hand, take admissions through their management admission examinations, GD, and PI.
Which is the best business school in Kolkata to study an MBA in International Business?
IIFT and Globsyn Business School are two of the top B-Schools in Kolkata to study an MBA in International Business.
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