MBA Colleges in Assam

The state of Assam is in the Northeast of India and is an important link for trade with Southeast Asian Countries. Assam is well connected by rain, road, ports, and Airports. 

Assam is a major Producer of Crude Oil and Natural Gas in India being second place in the World.  Assam also has the single largest Tea-Growing area in the entire globe, constituting around one-seventh of the world’s Production and accounting for 50% of India’s overall Tea Production.

Initiatives of the Government for creating additional employment opportunities in Assam:

The Investment Promotion and Industrial Policies of Assam through Fiscal Incentives are attracting numerous investments and accelerating industrial Development.  Further, the Information Technology (IT) and Tourism Policies of Assam have drawn special attention to specific sector development.

The government of ASSAM has devoted itself to strengthening the skilled and trained manpower in all sectors of the state to meet the fast-growing needs in the changing economic scenario.

These initiatives of the Government of ASSAM provide the students with access to cutting-edge technology, world-class infrastructure, high-quality mentorship, early-risk capital, and global exposure, resulting in high-end jobs for Management Graduates/postgraduates in the next decade.

To meet the current and future demand for trained manpower in the Management field, many Business Schools have come up in ASSAM, and as such, the importance of Top MBA Colleges in ASSAM has emerged for eligible students to decide on the best college for pursuing a P.G. Degree/PG Diploma  (MBA/PGDBA) in Management in ASSAM.

This article is intended to provide relevant and up-to-date information with respect to Top MBA Colleges in ASSAM to enable the prospective candidates to decide without ambiguity.

Top MBA Colleges in ASSAM State as per Rankings:

Rankings of MBA Schools are crucial for the aspirants to understand which College is doing the best in terms of imparting education and suitable training in all respects.  So, these rankings help students to take a lead to find Top MBA colleges in ASSAM State. There are several Agencies that award rankings to Top MBA Colleges in India every year.

Rankings of Management Colleges/Institutes are vital for the aspirants to understand which College is doing the best in terms of imparting education and suitable training in all respects.  So, these rankings help students to take a lead to find Top MBA Colleges in ASSAM. There are several Agencies that award rankings to Top MBA Colleges in India every year. NIRF (National Institutional Ranking Framework), a popular Agency approved by the MHRD (Ministry of Human Resource Development) to rank institutions of higher education in India based on 5 (five) Parameters – Teaching, Learning and resources, research and professional practices, graduation outcomes, outreach and inclusivity, and perception.  Hence, rankings awarded by NIRF assume importance for the Top MBA Colleges in ASSAM to make a choice. The following table provides the same.

TOP MBA COLLEGES IN ASSAM BASED ON ALL INDIA RANKINGS 2021 AWARDED BY N.I.R.F

TOP MBA COLLEGES IN ASSAM BASED ON POPULARITY

Eligibility Criteria and Process of Admission in Top MBA Colleges in ASSAM:

• A citizen of India
• Must have passed a bachelor’s degree of 3 years from a recognized university/college.

• 50% minimum marks (5% relaxation for reserved categories) in their qualifying examination.
• Candidates who are in the final year of their graduation can also apply provided the necessary proof is submitted as required. Group Discussions and Personal Interviews are necessary in the case of many Top MBA Colleges in ASSAM.

• The process of admission is through counselling by the respective Agency conducting the common entrance test and/or GDPA conducted by the School/University concerned.

Following are the Common Entrance Tests considered by Top MBA Colleges in ASSAM for admission to a 2-year postgraduate degree in Master of Business Administration (MBA)/PGDM.

• Common Admission Test (CAT)

CAT is the mandatory computer-based Common Admission Test for admission to MBA/PGDM programs in 20 Indian Institutes of Management (IIMs) and other Top MBA colleges in India. It is the largest national-level MBA entrance test in India.

• Common Management Admission Test (CMAT):

CMAT is a National Level Entrance Examination for admission to Management Programme(s) in the country which is considered by Top MBA Colleges in ASSAM.

• Management Aptitude Test (MAT)

MAT is a standard aptitude test conducted in India since 1998 by the All-India Management Association (AIMA). MAT is used for admission to MBA and allied programs by over 600 business schools across India including Top MBA Colleges in ASSAM.

• AIMS Test for Management Admissions (ATMA)

AIMS Test for Management Admissions or ATMA is a national-level exam conducted by the Association of Indian Management Schools (AIMS) for admission to MBA, PGDM, MCA, and PGDBA courses.

• Graduate Management Admission Test (GMAT)

GMAT is the first and only standardized exam specifically designed for admission to graduate business and management programs. It sets the standard to predict the academic performance of aspiring candidates in today's graduate management programs. Top MBA Colleges trust this examination for admission to an MBA degree.

• Xavier Aptitude Test (XAT)

XAT is an online CBT (computer-based) management entrance exam for admission to MBA/PGDM courses offered by XLRI Jamshedpur, XIMB Bhubaneswar, SPJIMR Mumbai, IMT Ghaziabad, etc along with other 156 management institutes in the country.

Fees Structure vis-à-vis ROI of Top MBA Colleges in ASSAM state:

Return on Investment (ROI) is a popular profitability metric used to evaluate how well an investment has performed.  In the undermentioned table, we have also added another column to show “returns” through the average annual pay package a student/aspirant is expected to get through placements (campus or directly with experience) from top IT and other Multinational companies in India, against the fees he/she payable to the top MBA/Management Schools/Institutes in ASSAM.     

TOP MBA COLLEGES IN ASSAM – FEES STRUCTURE VIS-À-VIS ROI (RETURN ON INVESTMENTS)

ROI (Return on investment) referred to above is the annual salary package (Rupees in Lakhs per annum)  in CTC.

The figures mentioned above are only indicative and vary depending on the specialization.

Top trending Specialisations offered in Top MBA Colleges in ASSAM:

Given below are the top trending specializations with brief details of each that are offered in various MBA (Full time/online/Executive) Programs in various top MBA/Management Schools/Institutes in ASSAM State.  Every Business School may not be offering all programs mentioned below, but by and large, these programs are popular and many of them or few are being offered in Assam Business Schools.

• Finance

This specialization/Branch in MBA in the field of Finance includes various facets like investments, portfolio management, derivative securities, capital markets, corporate finance, international finance, financial institutions behaviour, Advertising, etc.,

• Operations and Production Management:

This offers advanced knowledge on various facets of business practices, auditing, and tax laws, and exposes the candidates to organizational efficiency, business valuations, and management of innovations.

• Marketing Management

This is one of the most opted and topmost specializations of MBA, which focuses on advanced concepts of Marketing viz., Digital Marketing, Consumer behaviour, Advertising etc.,

• Business Analytics

This is also one of the most popular MBA specializations which deals with Core business Fundamentals and gets training to consider business from a data-driven perspective.  It has multi-faceted exposure to various fields in business analytics like Artificial Intelligence & Deep Learning, Multivariate Data Analysis, Business Analytics and Intelligence, business Forecasting, Social Entrepreneurship, and Marketing Analytics.

• IT Management

This subject broadly enables the candidates to improve the skills needed to manage both IT systems and employees, in-depth business knowledge, information security, telecommunications, and IT project management.

• Human Resource Management

This specialization deals with recruitment, and management offers training and empowers knowledge in managing the workforce of an organization with appropriate direction and guidance.

• Supply Chain Management

This enables the candidates to get exposure to Company Resource Planning, Global Trade, Inventory Management, Retail, Risk Management, Sales and Operations Planning, Sourcing and Procurement, and supply chain optimization.

• Health Care Management

This has assumed importance in the recent past, with various Corporate Hospitals and Multinational pharmaceutical companies looking for MBA candidates having this specialization.  This course includes subjects such as Principles of Health Service Management, Organization Behaviour, Materials and Equipment Management, Health Economics, and Strategic Human Resource Management. 

• International Business Management

This is one of the topmost MBA specializations, being unique and focuses on the subjects like Foreign Trade Finance and Forex Risk Management, Foreign Trade Policy, and Export Management and trains the candidates on various procedures and documentation involved in export and import, methods of approaching customers in foreign countries, currency conversation & fluctuation, raising capital from the international market, and distribution market.

• Agriculture Business Management

This specialization has assumed importance in the recent past with the focus of successive Governments on the agriculture field. This top MBA specialization mainly focuses on the business areas of agricultural production and global trade. 

This specialization also deals with Agriculture food policy, Agriculture Finance, Marketing, Strategic Food marketing, Management for Agribusiness Projects, Market Research, and Information systems, International Agri-food trade.

Top MBA/Management Schools/Institutes, Assam – Placements:

Students of the MBA Programme with specialization in Finance, Marketing, General Management, Business Analytics, and Entrepreneurship stand a fair chance of grabbing the highest salary package during campus placements.  By and large, the specialization, College/Institute, Company, experience of the candidate, and finally performance in the Written Test/PI are the major factors that are responsible for getting the highest annual package by the students from Top MBA/Management Schools/Institutes in Assam.

A list of top Recruiting Companies visiting Top MBA/Management Schools/Institutes in ASSAM State is provided in the table hereunder:

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Conclusion:

• Postgraduate Programme MBA/PGDM is a two-year professional degree, and many Techies/Graduates prefer to pursue this Programme to get a raise in their salary, enhance their employability, launch his/her own business, and emerge as a Leader holding much higher responsibility in their career.

• There are 47 MBA/Management Schools/Institutes in ASSAM offering MBA/PGDM Programs, including 26 private Colleges/Institutes, 21 Government (Public) Colleges/Deemed to be Universities.

• Students aspiring to pursue MBA/PGDM in a Top MBA College in ASSAM must obtain an appropriate rank/score in CAT/MAT or any other equivalent National Common Entrance Test, besides holding an undergraduate degree with required marks.

• Students have a wide choice of specializations to choose from depending on their interest and need.

• Average annual salary packages offered to students at Top MBA/Management Schools/Institutes in ASSAM range between Rs.4.25 LPA to Rs.12.0 LPA (CTC).