Top MBA Colleges – Know How to Get Management Quota
Dreaming of Study into Top MBA Colleges in India? Know-How to Get Management Quota Admission into Top MBA Colleges or Business Schools in India irrespective to your entrance exam scores or percentiles.
Based on our several years of knowledge in this field, we are going to share details about MBA Admission, MBA Exams, Top MBA Colleges, Placements, and the cost of an MBA degree, so let’s dive in.
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An MBA is an internationally recognized post-graduate or master’s level degree which:
- imparts a strong theoretical knowledge about business
- provides practical opportunities to test what the students learn while studying
- builds hard skills in the area of management and leadership
- polishes a range of soft skills like communication, motivation, and negotiation
- opens global opportunities for career growth
The MBA program covers the major facets of management (Accounting, Economics, Marketing, Finance, Strategy/Frameworks, Human Resources, Organizational Behavior, Leadership and Information Technology etc.)
The MBA degree can come in a wide range of formats. But the most common types of MBA courses are like Full-time MBA, Part-time MBA, Executive MBA, Distance MBA or Correspondence MBA, Online MBA, etc.
Increasing Demand for MBAs
Going to a business school can boost your career prospects, and in many industries having an MBA will give you the edge over the competition. A good MBA program can accelerate your career whenever it needs. Every year, more MBAs are added to the workforce, and pursuing the right MBA is the only way to ensure that your career shapes up the way you imagined while studying for the MBA.
Selecting the right MBA Specialization and College is critical for all prospective MBA students. The reason is very simple – everybody wants to see a return on investment.
Why MBA has become such a sought after course in the last few years is the sheer spectrum of career options that you can opt for after completing the course. From marketing to advertising and even finance is a great career choice. An MBA could help financial advisors attract clients. For those who are not self-employed, an MBA can make it easier to move into a management role.
This is the reason why MBAs are always in high demand. Many consulting firms like Deloitte, Accenture, TCS, Wipro, Infosys, etc. want managers with an MBA, as these candidates tend to have the analytical abilities and software knowledge required to do the job. Companies that have a high demand for MBAs include SBI Capital Markets, Motilal Oswal & Bank of America among many others.
The demand for MBA graduates is more in the Asia-Pacific region, including India with 84% of employers planning to hire fresh graduates against 73% last year. The survey has projected an increase in salary packages in this year. Globally, 54% of employers are likely to increase the salary package for MBAs at the rate of inflation.
According to the year-end poll of employers of 2015, an annual survey conducted by the Graduate Management Admission Council (GMAC). At least 96% of employers across the globe believe that MBA graduates create value for their companies.
Read: MBA Management Quota Admission in Top Colleges
Cost of an MBA degree in India
As discussed above, an MBA is one of the most sought after career option today in India and also one of the most expensive degrees after graduation. Usually, on average full-time MBA or PGDM in India from a reputed college will cost you near about 18 to 20 lakhs. Investing such a huge amount in someone’s education without the guarantee of a successful and well-paid placement can often lead to the feared ‘debt trap’.
But, it is not like all MBA colleges in India offer highly expensive management programs. There are many other MBA colleges that offer the quality of management education that will not dig a hole in your pocket. Such programs are also great when you will consider the critical factor of ROI (Return on Investment).
Top MBA colleges in India with low fee structure offer high ROI management programs. These business schools in India offering affordable MBA programs charges a fee ranging from 25000 to 1500000 for the complete MBA program.
Top MBA Colleges in India with Low Fees
| Institute Name | Fees | Exams Accepted |
| Faculty of Management Studies (FMS), Delhi | 25,000 | CAT |
| Delhi School of Economics (DSE), Delhi University | 31,000 | CAT |
| Guru Gobind Singh Indraprastha University, GGSIPU Delhi | 56,000 | Own Entrance |
| PUMBA Pune | 1,30,000 | MAHCET/CAT/CMAT |
| SIMSREE Mumbai | 2,36,000 | MAHCET/CAT/XAT/CMAT |
| Ambedkar University, Delhi | 2,85,000 | AUD MBA Entrance Test |
| Delhi Technical University | 3,56,000 | CAT |
| JBIMS Mumbai | 6,00,000 | MAHCET/CAT/XAT/CMAT |
| NITTIE Mumbai | 8,19,000 | CAT |
| SJMSOM IIT-Bombay | 8,52,000 | CAT |
Read: Direct Admission in MBA by Management Quota
IIMs in India with Fees Structure
| Institute Name | Fees | Exams Accepted |
| IIM Ahmedabad | 23,00,000 | CAT |
| IIM Bangalore | 21,00,000 | |
| IIM Calcutta | 21,00,000 | |
| IIM Lucknow | 16,00,000 | |
| IIM Kozhikode | 16,00,000 | |
| IIM Indore | 16,00,000 | |
| IIM Trichy | 14,00,000 | |
| IIM Shilong | 14,37,000 | |
| IIM Udaipur | 14,00,000 | |
| IIM Kashipur | 13,15,000 | |
| IIM Ranchi | 14,00,000 | |
| IIM Jammu | 12,75,000 | |
| IIM Raipur | 12,61,000 | |
| IIM Rohtak | 13,00,000 | |
| IIM Nagpur | 12,50,000 | |
| IIM Visakhapatnam | 13,00,000 | |
| IIM Amritsar | 10,00,000 | |
| IIM Sirmaur | 10,34,000 | |
| IIM Bodh Gaya | 10,60,000 | |
| IIM Sambalpur | 10,00,000 |
Read: Top MBA Colleges Management Quota Admission
Other Top MBA Colleges in India and their Fee Structure
| Institute Name | Fees | Exams Accepted |
| XLRI Jamshedpur | 20,50,000 | XAT |
| MDI Gurgaon | 21,00,000 | CAT |
| ISB Hyderabad | 33,00,000 | GMAT/GRE |
| SP Jain Mumbai | 16,00,000 | CAT/XAT/GMAT |
| Narsee Monjee Mumbai | 18,50,000 | NMAT |
| SIBM Pune | 18,25,000 | SNAP |
| IIFT Delhi | 15,70,000 | IIFT |
| IMT Ghaziabad | 17,50,000 | CAT/XAT/GMAT |
| SCMHRD Pune | 16,00,000 | SNAP |
| IMI Delhi | 16,95,000 | CAT/XAT/GMAT |
| SIBM Bangalore | 16,00,000 | SNAP |
| GIM Goa | 11,00,000 | CAT/XAT/CMAT/GMAT |
| TAPMI Manipal | 16,90,000 | CAT/XAT/GMAT |
| Great Lakes Chennai | 15,86,000 | CAT/XAT/GMAT |
| KJ Somaiya Mumbai | 13,66,000 | CAT/XAT/CMAT/CET |
| XIM Bhubaneswar | 17,80,000 | CAT/XAT/GMAT |
| LIBA Chennai | 11,90,000 | CAT/XAT |
| IFMR Chennai | 12,00,000 | CAT/XAT/GMAT |
| Welingkar Mumbai | 11,00,000 | CAT/XAT/CMAT/CET |
| FORE Delhi | 15,98,000 | CAT/XAT/GMAT |
| Lal Bahadur Shastri Delhi | 11,67,000 | CAT/GMAT |
| BIMTECH Noida | 12,00,000 | CAT/XAT/GMAT/CMAT |
| NIRMA Ahmedabad | 10,46,000 | CAT/XAT/GMAT |
| IRMA Anand | 11,60,000 | CAT/XAT/GMAT |
How to Get an MBA Admission in those Colleges?
In order to get admission to these MBA colleges or Business Schools, you need to appear in the entrance exams conducted by the college associations, or universities, or state governments. There are various MBA entrance exams considered by various MBA colleges to select the most appropriate students for their management programs which they are offering such entrance exams are CAT, XAT, CMAT, NMAT, SNAP, IBSAT, etc. are a few names.
Those who have cleared the required marks or percentiles in the entrance exams will undergo the second round of the selection process which comprises Group Discussion (GD), Written Ability Test (WAT), Presentation Test (PT), and Personal Interview (PI).
Different Colleges have different selection processes; some among them also conduct separate aptitude test as their selection processes like IRMA conducting IRMASAT (IRMA Social Awareness Test) which is compulsory followed by Group Discussion and Personal Interview. Likewise, it discussed before it depends on the institutes which they will conduct as their selection process within its campus.
Read: MBA without Entrance Exam in Top B-Schools
The final selection list of the students will be declared by the respective institutes on the basis of their performance in the Group Discussion (GD), Personal Interview (PI), Written Ability Test (WAT), and other selection process done by the institutes.
Some of the institutes also look into the candidates’ past records like academic percentage (10th, 12th, and Graduation), work exposure, and extra-curricular activities.
Placements in Top MBA Colleges in India
Placements in almost all top MBA colleges in India have outstanding statistics. To help the MBA aspirants in their hunt of the right MBA College or Business School, we share a glimpse of the Placement record for top colleges.
| Institute Name | Average Salary (Batch 2019) | Average Salary (Batch 2018 |
| IIM Ahmedabad | 25.83 | 24.45 |
| IIM Bangalore | 24.54 | 22.76 |
| IIM Calcutta | 25.36 | 24.20 |
| IIM Indore | 20.79 | 18.17 |
| IIM Kozhikode | 20.00 | 17.80 |
| FMS Delhi | 23.10 | 21.10 |
| IIFT | 20.07 | 19.23 |
| XLRI Jamshedpur | 22.35 | 20.10 |
| SPJIMR Mumbai | 22.90 | 22.24 |
| MDI Gurgaon | 20.13 | 19.17 |
| JBIMS Mumbai | 20.13 | 18.91 |
| IIM Trichy | 14.91 | 14.28 |
| IIM Shilong | 16.79 | 15.50 |
| IIM Kashipur | 12.24 | 12.19 |
| IIM Udaipur | 13.20 | 13.16 |
| IIM Rohtak | 11.85 | 11.70 |
| IIM Ranchi | 15.02 | 15.09 |
| IIM Raipur | 14.53 | 12.45 |
| IIM Bodh Gaya | 10.90 | 10.60 |
| IIM Amritsar | 12.20 | 11.02 |
| IIM Sirmaur | 09.20 | 12.00 |
| IIM Nagpur | 12.35 | 12.10 |
| IIM Vishakhapatnam | 12.61 | 12.07 |
| IIM Sambalpur | 09.33 | 10.55 |
| NMIMS Mumbai | 17.79 | 17.60 |
| SIBM Pune | 17.48 | 16.23 |
| SCMHRD Pune | 15.60 | 14.04 |
| IMT Ghaziabad | 12.50 | 11.60 |
| IMI Delhi | 13.01 | 12.23 |
| TAPMI Manipal | 11.06 | 11.00 |
| XIM Bhubaneswar | 14.31 | 12.91 |
| Great Lakes Chennai | 13.10 | 11.21 |
| GIM Goa | 11.22 | 10.61 |
| IRMA Anand | 14.24 | 11.39 |
| MICA Ahmedabad | 12.80 | 12.30 |
| FORE Delhi | 10.80 | 10.40 |
| KJ Somaiya Mumbai | 10.05 | 09.87 |
Know-How to Get Management Quota Admission?
Those who couldn’t clear or score the required percentile for the targeted MBA colleges can opt for the second option by which they will gain admission in the same colleges which is called Management Quota or Institutional level Quota. In this Quota, some seats are reserved for direct admission irrespective of the candidates’ score in the entrance exam but those candidates should have a sound academic background.
Read: MBA Admission Tuition Fees at SIBM Pune in Management Quota
In this way, admission into every top MBA college cannot be possible; somewhat colleges consider this quota admission. For Top MBA Colleges – Know How to get Management Quota Admission in anywhere in India, feel free to contact us or book an appointment with our experts for a free consultation about Direct MBA Admission by Management Quota.
MBA Direct Admission for NRI or PIO Students
Likewise, in Management Quota Seats, several private MBA colleges also have NRI Quota seats which are reserved and offered to NRI or PIO or OCI candidates. Therefore, NRI or PIO or OCI students can approach us or the institutes for more details over this. But candidates should note that not every top MBA colleges in India would offer direct admission to NRI or PIO candidates.
If you are looking for Colleges that offer Direct MBA Admission in Management Quota or Direct Admission to NRI candidates fill your details in the form provides in the contact page. You will soon contact me with all necessary details on the Management Quota MBA Admission.