A Master of Business Administration is the world’s most popular graduate management degree. Every year, thousands of aspiring individuals apply to various MBA programs. The number of students pursuing an MBA in India is increasing day by day. More than 5,000 MBA colleges (government and private) in India provide degrees in a variety of specializations.
Several institutes have been recognized and listed among the world’s top MBA colleges in India, based on the quality of education they provide as well as other factors, such as faculty, placements, facilities, and more. Various MBA specializations in India include MBAs in finance, marketing, human resources, logistics & supply chain management, rural management, etc. Those who want to pursue MBA have to choose the best MBA colleges in India. For this, students have to pass the MBA entrance exam since admission is based on the CAT scores.
In this article, we will discuss the top MBA Colleges in India and the scope of MBA.
What is the CAT exam?
The Common Admission Test (CAT) is India’s most important national level entrance examination, helping candidates to get admission to top management colleges. There is no doubt that it is the country’s largest MBA entrance exam. This Common Admission Test is conducted on a rotating basis by the IIMs (Indian Institutes of Management). The CAT Exam 2022 is scheduled to take place on November 27th, 2022. It is a computer-based exam that is given in 156 places across India. To be eligible for the CAT, a candidate should have completed or in their last year of Bachelor’s degree, with at least a 50 percent aggregate score.
How to Score Good Marks in the CAT exam?
- Make your basics strong: Keep yourself up to date on the concepts and formulas on a regular basis, and try not to rely on your notes when practicing. Practice simple questions first, then progress to more challenging ones.
- Practice makes perfect: The more you practice, the more your knowledge of various questions grows. When you read a question during a test, and it appears to be one you practiced, your confidence level rises, which is a critical success element. This also increases the likelihood of successfully answering the questions.
- Mock tests: Take as many mock tests as you can. With a few more tests, you will become more familiar with the question structure and will feel more relaxed when taking the CAT. Giving mock tests will not help you until you analyse your findings. Do not appear for a fresh mock exam unless you have thoroughly reviewed the last one.
- Strategy: Discuss with others the strategy they use when taking an exam. But, in the end, everyone has their own approach and strengths. So, concentrate on your strengths and plan accordingly. There is no one-size-fits-all technique that will work for everyone.
IIMs for MBA in India
IIMs are the country’s best institutes; the highest number of placements occur in all of the top firms in the software and banking industries. There will be top-tier professors from a variety of prestigious national and international universities at the IIMs. IIMs provide excellent exposure for national and international placements in all sectors such as HR, finance, marketing, and retail management. You will receive a large number of scholarships from both the institution and the government of India, with a large sum of money paid by them. IIM students are extremely intelligent when compared to students at other top B-institutions.
Top IIMs in India
There are 20 IIMs in India, with at least ten of them ranking in the top 50 MBA colleges in the country according to the NIRF ranking. The IIMs are most well-known for their MBA/PGP and Executive MBA programs. The top five IIMs – IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Kozhikode – are recognized as the best IIMs in India in all B-school rankings.
Bangalore is one of the top MBA destinations in India. IIM Bangalore is ranked as the best MBA college in India. Bangalore is a good location for MBA education because it is home to most IT companies, such as TCS, HCL, Dell, Wipro Technologies, Infosys, and Cognizant. There are plenty of MBA institutes in Bangalore. Top MBA Colleges in Bangalore include IIM Bangalore, Christ University, Alliance School of Business, Jain University, etc. There are around 260 management institutes in Bangalore that provide MBA or PGDM programs, 213 of which are private colleges and 21 of which are government colleges. The average cost of taking MBA programs in Bangalore ranges from INR 4,00,000 to INR 23,00,000, based on the colleges/universities. Students who want to pursue MBA in India must prepare well since the competition level is high these years. Plan accordingly and complete your MBA from any of the best colleges in India.