Top MBA Colleges in Visakhapatnam | Course, Fees, Rank, Placements

Top MBA Colleges in Visakhapatnam

In the southern state of Andhra Pradesh is the important port city of Visakhapatnam. An MBA confers a competitive advantage in today's market. An MBA graduate looks for demanding work assignments in multinational corporations to realize their full potential. In Visakhapatnam, a young person with the necessary abilities and knowledge would have countless prospects for personal development. Numerous heavy enterprises are located in Visakhapatnam, such as the Naval Science and Technological Laboratory, Hindustan Shipyard Limited, BHEL Ltd., and Hindustan Petroleum Corporation Ltd. The city has seen significant economic growth and development as a result of the existence of these enterprises.

Students might benefit financially from pursuing an MBA in Visakhapatnam colleges for several reasons, including positive return on investment (ROI) and placement prospects. Among the best MBA schools in Visakhapatnam are the GITAM School of International Business and the Indian Institute of Management, Visakhapatnam. Students who earn an MBA from Visakhapatnam have excellent employment prospects and placement chances. There are lots of career prospects for MBA graduates in India's finance sector, which is expanding quickly. Earning an MBA is a profitable decision because graduates of Visakhapatnam's top MBA schools can pursue a variety of employment possibilities in marketing, consulting, finance, and other fields.

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

List of Top MBA Colleges in Visakhapatnam-

Following is the list of some top MBA colleges in Visakhapatnam.

Top MBA Colleges of Visakhapatnam according to NIRF Ranking 2023-

The NIRF Ranking 2023 unveils a compelling roster of top MBA colleges in Visakhapatnam, each distinguished by its commitment to academic excellence and holistic student development. The rankings reflect the commitment of these colleges to provide a better learning environment that equips candidates with the skills and knowledge necessary to excel in the competitive business landscape. 

Following is the list of top MBA colleges in Visakhapatnam according to the NIRF Ranking 2023 that underscores the region's ascendancy as a powerhouse of Management education, setting the benchmark for excellence and innovation in the field.

Top MBA Colleges in Visakhapatnam - Entrance Exams  Accepted:

The top MBA Colleges in Visakhapatnam accept a variety of exam formats for admission. These colleges accept several well-known entrance exams, such as the CAT, CMAT, MAT, ATMA, XAT, etc.

The following national entrance exams are approved by the best MBA Colleges in Visakhapatnam:

Top MBA Colleges in Visakhapatnam - Eligibility, Admission Criteria, Scholarship Details and Reviews-

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

1. Indian Institute of Management (IIM), Visakhapatnam

• Eligibility- Candidates must have a bachelor's degree, and have a good score in CAT.
• Admission Criteria- Entrance Based
• Scholarship-IIM Visakhapatnam Merit-Based Scholarship, IIM Visakhapatnam Financial Aid (Merit-cum-Means Basis)

Students are encouraged to apply for the numerous scholarships listed in the National Scholarship Portal (NSP) in addition to the Institute's Financial Aid.

1. Ministry of Tribal Affairs Scholarship (ST)

2. Ministry of Social Justice and Empowerment Scholarship (SC)

3. Ministry of Social Justice and Empowerment Department of Persons with Disabilities.

4. Merit Cum Means Scholarship for Professional and Technical Courses CS

• Reviews – 4.4/5.0

2. GITAM School of Business

• Eligibility- Bachelor's degree in any stream.
• Admission Criteria- Entrance Based
• Scholarship-  Merit Scholarship, Sports Scholarship.
• Reviews- 4.0/5.0

3. GEMS Business School

• Eligibility- Bachelor's degree in any stream.
• Admission Criteria- Entrance Based
• Scholarship- NA
• Reviews- 3.9/5.0

4. Vignan Institute of Information Technology

• Eligibility- A graduate in any area, qualifying in APICET. State Integrated Common Entrance Exam
• Admission Criteria- Entrance Based.
• Scholarship- NA
• Reviews- 3.9/5.0

5. Sun International Institute of Tourism and Management

• Eligibility- Graduation degree in any specialization.
• Admission Criteria- Entrance Based.
• Scholarship- NA
• Reviews- 3.9/5.0

6. Srinivasa Institute of Management Studies

• Eligibility- Candidates must have passed a bachelor degree with a minimum aggregate of 50% (45% in case of reserved categories- SC/ST & BC)
• Admission Criteria - Entrance Based
• Scholarship-NA
• Reviews- 3.9 /5.0

7. Ambedkar Institute of Management Studies

• Eligibility- Any Graduate with 50% marks from any recognized university.
• Admission Criteria- entrance based
• Scholarships- NA
• Reviews- 3.8/5.0

8. Integral Institute of Advanced Management

• Eligibility- Any graduate with 50% marks from a recognized university
• Admission Criteria- Entrance Based
• Scholarship - NA
• Reviews- 3.9/5.0

9. Andhra University (School of International Business)

• Eligibility- International / Indian students (after 10+2) from a recognized University or Board with 50% Marks or Second Class or equivalent CGPA are eligible to apply. Candidates who pass Intermediate or 10+2 with any group are eligible for admission. Intermediate or 10+2 students who pass in one sitting shall not be eligible.
• Admission Criteria- Entrance Based.
• Scholarship- NA
• Review-  4.0/5.0

10. Centre For Management and Technology

• Eligibility- Bachelor's degree with minimum 50% marks recognized by any university as per the norms of A.I.C.T.E.
• Admission Criteria- Entrance Based.
• Scholarship- NA
• Review- 3.9/5.0

Top MBA Colleges in Visakhapatnam - Return On Investment (ROI):

Specialization Offered By Top MBA Colleges  in Visakhapatnam and its Best Opportunities-

In Visakhapatnam, the top MBA colleges offer various specializations that cater to different career paths and industries. Here are some of the specializations offered by these colleges along with the best opportunities they provide-

• Finance Opportunities: The finance sector in India is experiencing significant growth, offering lucrative career prospects. Companies are actively hiring finance professionals to manage their investments and financial operations.

• Marketing Opportunities: Marketing is a dynamic field with a growing demand for professionals due to the rise of digital marketing and increased competition. The sector is expanding rapidly, especially in areas like digital marketing.

• Human Resource Management Opportunities: Human Resources is a crucial function in organizations, focusing on managing personnel and ensuring a productive workforce. HR professionals are essential for recruitment, training, and employee relations.

Conclusion:

Pursuing an MBA from colleges in Visakhapatnam can be a rewarding experience. Many options are available in this city for those wishing to pursue an MBA at one of the best MBA schools in Visakhapatnam. One might anticipate employment in reputable companies upon completion of a post-graduate management degree at a top MBA school like the Indian Institute of Management (Visakhapatnam) and GITAM School of International Business. Students consider a variety of elements when applying to MBA colleges, including ranking, placements, cost of courses, entrance requirements, etc. Overall, pursuing an MBA from Visakhapatnam can provide a solid foundation for a successful career in management.

Frequently Asked Questions-

Q.1 Which are the top MBA colleges in Visakhapatnam?

Ans. The top MBA colleges in Visakhapatnam include-

• Indian Institute of Management, Visakhapatnam
• GITAM School of International Business
• Ambedkar College of Technology and Science
• Andhra University (School of International Business)

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

Ans. MBA colleges in Visakhapatnam accept entrance exam scores such as - CAT, MAT, XAT, APICET, SNAP, IBSAT, GMAT, CMAT, ATMA, NMAT, and IMU-CET.

Q.3  What are the most popular specializations in the MBA colleges in Visakhapatnam?

Ans. The most popular specializations in MBA colleges in Visakhapatnam are- Marketing, Finance, and HRM.

Q.4 Is Visakhapatnam is good place for an MBA?

Ans. Yes, there are several respectable, licenced institutions and universities in Visakhapatnam that provide MBA programs together with first-rate student services and employment assistance. Visakhapatnam is a fantastic option if you're considering doing an MBA in Andhra Pradesh or the southern region.

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

Ans. Visakhapatnam is a suitable place to study for an MBA due to several reasons. The city is a major port city in Andhra Pradesh and offers a competitive environment that can provide an edge to MBA degree holders in today's competitive world. MBA graduates also have a lot of opportunities to succeed in their careers due to the city's advantageous location and expanding industries like marketing, finance, and digital marketing.