Top MBA Colleges in Kolkata

Top MBA Colleges in Kolkata

Kolkata, formerly known as Calcutta, the storied Capital of West Bengal, is one of the most popular MBA locations in India. Kolkata was the first city in India to offer International Standard MBA education. It is well-known for its history, its involvement in the Indian freedom movement, its candies, its jute mills, and its innovative ideas for growth. One of India's major cities, Kolkata is a centre for business and academic education as well.  It is one of the best cities for completing MBA education in Eastern India

The MBA programs in Kolkata offer excellent teaching and a high placement rate. The first university in India to provide an MBA degree was the Indian Institute of Social Welfare & Business Management (IISWBM). It was established in Kolkata in 1953.  With the founding of the first Indian Institute of Management in Kolkata in 1961, MBA became more popular in the city.

You may get to know more MBA colleges in Kolkata in this article in detail along with complete details of fees, scholarship, placement and eligibility criteria.

List of Top MBA Colleges in Kolkata:

Following is the list of some top MBA colleges in Kolkata,

Top MBA Colleges of  Kolkata  according to NIRF Ranking 2023:

According to the National Institutional Ranking Framework (NIRF) 2023, the top MBA colleges in Kolkata are:

Top MBA Colleges in Kolkata - Entrance Exams Accepted

Various types of exams are accepted for admission to the best MBA colleges in Kolkata. Popular entrance tests including the CAT, XAT, IIFT, GMAT, MAT, CMAT, and JEMAT are among the ones that these universities accept.

Several national-level entrance exams, scores of which are accepted at Kolkata's top MBA colleges, include:

Top MBA colleges in Kolkata - Eligibility, Admission Criteria, Scholarship Details and Reviews:

The  eligibility criteria offered by these top MBA colleges of Kolkata are described below-

1. Indian Institute of Management Calcutta -

• Eligibility- A candidate must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA [45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories]
• Admission Criteria- Entrance Based
• Scholarship- Deserving students can apply for several scholarships sponsored by different companies or organizations, such as the Aditya Birla Group, Ratan Tata Trust, HUL's T. Thomas Scholarship, and OP Jindal Engineering & Management Scholarship, based on their merit and other predetermined criteria. Additionally, the Institute facilitates Government of India Scholarships for SC, ST, and MCM students, which are granted by the relevant Ministries.
• Reviews – 4.5/5.0

2. Praxis Business School -

• Eligibility - Graduation (any discipline) – Minimum Requirement – Pass Marks with 50% in aggregate from a recognised university. Final-year students are eligible to apply.

• Admission Criteria - Entrance based

• Scholarship - Praxis Business School in Kolkata offers various scholarships to meritorious students. The scholarships offered by the institution include:
• Director's Merit List Scholarships: This scholarship is awarded to students who secure a position in the Director's Merit List. Up to INR 40 lakh is offered by the institute under this category.
• Praxis Business School Foundation Scholarships: This scholarship is awarded to meritorious students whose annual family income is less than INR 4.0 lakhs.
• Women in Tech Scholarships: This scholarship applies to all women aspirants fulfilling the scholarship criteria.
• Reviews - 4.4/5.0

3. NSHM Knowledge Campus - 

• Eligibility- CAT Score – 50, MAT Score – 60, XAT Score – 50, CMAT Score – 60, JEMAT Score – 60, Minimum UG/Class XII Marks – 50%/60%
• Admission Criteria- Entrance Based
• Scholarship- NSHM Knowledge Campus in Kolkata offers various scholarships to eligible students. The scholarships available include:
• Academic Scholarship: Merit-based scholarships for UG & PG programs based on past academic performance. The scholarships range from a 25% fee waiver to a 100% fee waiver.
• Asha Jyoti Scholarship: This is a merit cum means-based scholarship assessed solely based on the family's financial standing and past academic performance.
• MyNSHM Scholarship: A merit-based scholarship exclusively for NSHM students, including existing UG students applying for a PG program at NSHM, siblings of NSHM students or alumni, and immediate family members of NSHM Knowledge Campus employees.
• Reviews- 4.2/5.0

4. Globsyn Business School -

• Eligibility- applicants need to hold a Bachelor's degree (10+2+3) or its equivalent, and should have appeared at any one of these entrance exams: CAT, MAT, CMAT, XAT, or ATMA.

• Admission Criteria- Entrance-based.
• Scholarship- Globsyn Business School (GBS) Kolkata offers various scholarships to eligible students. Some of the scholarships available include:

a. Kalyani Scholarships: These scholarships are for students from economically disadvantaged backgrounds. The scholarship amount is INR 50,000, which will be reduced from the penultimate instalment, and the remaining 50% reduced in the subsequent instalment.

b. Outstanding Achievers Scholarships: These scholarships are awarded to students who achieve recognition or excellence in sports or other extra-curricular activities.

c. National Scholarship Programme for Graduate Students: Globsyn Business School has partnered with Globsyn Knowledge Foundation to offer national scholarships for graduate students.

• Reviews- 4.4/5.0

5. Indian Institute of Social Welfare and Business Management-

• Eligibility- Honours with minimum 50% marks (45% in case of SC/ST/PWD) candidates or equivalent courses where Honours courses are not available, from a recognized university; Graduates in any professional course (Engineering, etc.) LL.B (5 years) of a recognized University are also eligible. A minimum of 50% marks in aggregate in the qualifying examination is required.
• Admission Criteria- Entrance Based
• Scholarship- NA
• Reviews- 4.0/5.0

6. Institute of Engineering and Management-

• Eligibility- The candidates must have passed graduation degree from a recognized university.
• Admission Criteria- Entrance Based
• Scholarship-NA
• Reviews-  4.2/5.0

7. International Management Institute (IMI)-

• Eligibility- The candidates must have passed graduation degree from a recognized university.

• Admission Criteria- Entrance Based.

• Scholarship- International Management Institute (IMI) Kolkata offers various scholarships to eligible students. Some of the scholarships available include:

a. Tuition Fee Waiver Scholarship: This scholarship is provided for students with excellent academic records. The scholarship amount is up to 100% of the tuition fee.

b. Performance Scholarship: This scholarship is given to students based on their academic performance during the first year of study. The performance of the students will be reviewed after the completion of the first year, and the scholarship will be sanctioned for the second year.

c. Financial Assistance Scholarship: This scholarship is available for students belonging to economically weaker sections, candidates belonging to tier 2 or tier 3 cities and northeastern regions of India, and children of COVID-19 warriors.

• Reviews- 4.0/5.0

8. Swami Vivekanand College of Management and Computer Science-

• Eligibility - Bachelor's Degree in any discipline of minimum 3 years duration and should obtain at least 50% (45% in case of candidate belonging to reserved category)
• Admission Criteria - Entrance Based
• Scholarship- NA
• Reviews- 4.0/5.0

9. Bengal Institute of Business Studies (BIBS)-

• Eligibility- Graduates in any discipline and with valid CAT/XAT/MAT scores are eligible for admission. Candidates without valid scores will have to appear for BIBSAT.
• Admission Criteria- Entrance Based
• Scholarship- NA
• Reviews- 4.2/5.0

10. Calcutta Business School-

• Eligibility- The candidates must have passed graduation degree from a recognized university.
• Admission Criteria- Entrance Based
• Scholarships- NA
• Reviews- 4.5/5.0

11.  Bhartiya Vidya Bhavan Institute of Management Sciences-

• Eligibility- The candidates must have passed graduation degree from a recognized university.
• Admission Criteria- Entrance based
• Scholarships- NA
• Reviews- 3.9/5.0

12. Institute of Management Study-

• Eligibility- The candidates must have passed graduation degree from a recognized university.
• Admission Criteria- Entrance based.
• Scholarships- NA
• Reviews- 3.9/5.0

13. Heritage Business School-

• Eligibility- The candidates must have passed graduation degree from a recognized university.
• Admission Criteria- Entrance based
• Scholarships- NA
• Reviews- 4.0/5.0

14. Future Institute of Engineering and Management-

• Eligibility- The candidates must have passed a graduation degree with a minimum aggregate of 50% marks from a recognized university.
• Admission Criteria- Entrance Based
• Scholarship - NA
• Reviews- 4.4/5.0

15. Army Institute of Management-

• Eligibility- The candidates must have passed a graduation degree with a minimum aggregate of 50% marks from a recognized university.
• Admission Criteria- Entrance Based
• Scholarship - The Army Institute of Management in Kolkata offers the following scholarships to its students-

a. Army students who place first and second each year receive TATA Merit Scholarships from TATA Defence Welfare Corpus. The top-ranked student receives Rs. 20,000, while the second-placed student receives Rs. 15,000.

b. Every year, HQ Eastern Command gives two students from each batch of Army Commander's Scholarships worth Rs 25,000 /-

c. The Sena Shiksha Scholarship Program grants up to a 10 lakh scholarship, which is to be paid over two years, or four semesters. Those who meet the requirements will receive the Sena Shiksha Scholarship each semester. Every semester, the first 20 students (of the S3) will get payments totalling Rs. 12,500/-per student.

• Reviews- 4.5/5.0

Top MBA colleges of Kolkata - Return On Investment (ROI):

Top MBA colleges of Kolkata - Specialization Offered By Top MBA Colleges  in Kolkata and its best opportunities:

The top MBA colleges in Kolkata offer a variety of specializations, catering to diverse career interests. Some of the most popular specializations in Kolkata are:

• Finance
• Sales and marketing
• HRM
• Business Analytics
• IT & Systems
• Operations and SCM
• Retail and E-Commerce
• Healthcare and hospital management
• International Business

Conclusion:

Pursuing an MBA in Kolkata offers several advantages and opportunities for students, including a great learning experience, excellent placements, and a wide range of specializations. Kolkata's rich history, substantial need for MBA expertise, and a wide range of industries including real estate, retail, health, banking, consultancy, manufacturing, and ITES make it a great place for students seeking an MBA. Because more than 50 MBA schools in Kolkata have strong corporate ties and industry exposure, students studying for an MBA there can anticipate outstanding placements. Furthermore, the city offers a vibrant environment, making it an attractive destination for students.

Top MBA colleges of Kolkata - Frequently Asked Questions:

Q.1 Which Institution is best for MBA in Kolkata?

Ans. One of the greatest institutions in Kolkata for pursuing an MBA degree is the IIM Calcutta. According to the NIRF 2023 rankings, it is India's fourth top management institution.

Q.2 What are the accepted entrance exams for MBA programs in Kolkata?

Ans. The accepted entrance exams for MBA programs in Kolkata include:

• CAT
• MAT
• JEMAT
• CMAT
• XAT
• ATMA

Q.3  What are the benefits of pursuing an MBA in Kolkata?

Ans. Aside from better employment prospects, practical business skills, and a robust alumni network, pursuing an MBA in Kolkata can lead to a variety of career choices in the business sector.

Q.4 What are some popular MBA specializations offered by top MBA colleges in Kolkata?

Ans. Some of the popular MBA specializations offered by top MBA colleges in Kolkata include- Finance, sales and marketing, Human Resources, Business Analytics, Operations and SCM, IB Many more.

Q.5 Why Kolkata is a suitable place to study MBA?

Ans.  Kolkata is a suitable place to study MBA for several reasons:

• Rich legacy & history
• Strong placement opportunities
• Significant demand for MBA talent
• Diverse specializations
• Strong industry interface
• Cost-effective education