Karnataka Government had approved the “New Industrial Policy for 2020-25” which provides a fillip to the new industries to open in the state in the years to come. This pro-industrial policy of Karnataka state gives a big boost to employment opportunities for many graduates, especially to MBA-qualified students. Bengaluru, the Silicon Valley of India is the capital of Karnataka. Bengaluru is known as the IT Capital of India and a global information technology hub in the country. A large number of software companies in India and many top Indian firms like Infosys, Wipro, and Mindtree are in Bengaluru, Karnataka state.
With the increased demand for MBA candidates from many top Companies/IT Industries in Karnataka, a greater number of MBA colleges have come up in the state and the existing Colleges are competing and striving to get top ranks in the State. At the same time, MBA degree is drawing attention and propelling many Techies and fresh graduates to pursue after completion of graduation, being the most sought-after degree, as many top Companies in India and Karnataka are recruiting them. There lies the main challenge of choosing the right college to suit to the individual’s budget/financial position/Bank loan, specialization and so on and so forth. Hence, the importance of Top MBA colleges in Karnataka emerges for the aspiring candidates to select.
In this article, we have provided a glimpse of the Top MBA Colleges in Karnataka, fees structure, Return on Investment (ROI), top specializations, process of admission, and placement opportunities to the aspirants, for their perusal and to assist them to choose a right college.
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 assumes importance to know the top MBA Colleges in Karnataka to make a choice. The following table provides the same.
TOP MBA COLLEGES/UNIVERSITIES IN KARNATAKA
Sl No
Name of the College/University
Location
Rank (NIRF 2021)
Fee (Rs)
Govt/ Private
01
Indian Institute of Management (IIM)
Bengaluru
2/75
23.0 Lakhs
Government/ Autonomous
02
T.A. Pai Management Institute (TAPMI)
Manipal
32/75
16.0 Lakhs
Private
03
Alliance University
60/75
13.5 Lakhs
04
Christ University
-
7.54 Lakhs
05
Visweswaraya Technological University (VTU)
Belgaum
76-100
22,400/-
Government
06
Presidency University
5.50 Lakhs
TOP MBA COLLEGES IN BENGALURU
As discussed in the foregoing, Bengaluru being the largest hub for IT and other major companies in Karnataka, majority of prospective candidates are expected to be in this City. For their benefit, details of top MBA colleges in Bengaluru and fee structure are tabulated below:
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 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 Colleges in Karnataka.
TOP 10 MBA COLLEGES IN BENGALURU, COURSE FEE VIS-A-VIS ROI
Name of the College/University - Address in Bengaluru
Government/Private
Course fee
CETs considered
Avg. ROI per Annum
Indian Institute of Management, Hosur Rd,Electronic City Phase-I-560 100
23.0 L
CAT, GMAT
28.98 L
Alliance University 36th Main Dollar Scheme BTM 560068
13.5 L
CAT, XAT, MAT, CMAT,NMAT,SNAP, ATMA, KMAT,KBSAT,GMAT, ENTRANCE OF ALLIANCE UNIVERSITY
7.60 L
Christ University Hosur Road, S.G.Palya 560029
7.54 L
CAT, XAT, CMAT, MAT, ATMA, GMAT
6.50 L
Symbiosis Institute of Business Management, Phase I, Electronic City 560100
16.0 L
Symbiosis National Aptitude Online Test (SNAP)
10.26 L
AIMS School of Business Netaji Nagar Peenya 560055
9.11 L
CAT, XAT, MAT, CMAT, ATMA, PGCET, GMAT, KMAT
5.00 L
IFIM College Electronic City 560100
9.30 L
CAT, XAT, MAT, CMAT, ATMA, KMAT
6.00 L
07
RV Institute of Management Jayanagar 560041
5.80 L
CAT, MAT, ATMA, KMAT
4.89 L
08
International Academy of Management & Entrepreneurship (IAME) Kaggalipura 560082
5.92 L
CAT, XAT, MAT, CMAT, ATMA, CMAT, PGCET, TSICET, TANCET
6.20 L
09
NSB Academy Phase II, Electronic City -560 099
5.60 L
CAT, XAT,MAT, CMAT, NMAT, SNAP, MAH, CET, ATMA, KMAT, PGCET, IBSAT, TS-ICET, TANCET, GMAT UPES
10
Kristu Jayanti School of Management Kothanur-560 077
CAT, MAT, CMAT
4.50 L
Eligibility Criteria for admission in MBA colleges in Karnataka
Admission to MBA programme in Karnataka state is based on various entrance tests like National, State & University level. Students must apply and appear for these examinations separately. The admission is based on the valid scores/rank secured in the examination, personal interview & group discussion (in select colleges/universities only).
While eligibility criteria for MBA admission in Karnataka Business Schools vary from one College/Institute to another, the basic criteria are as under.
After knowing the Top MBA Colleges/Universities in Karnataka and separately for Bengaluru, Course Fee, ROI, eligibility criteria, we will now discuss on the various top MBA Specialization/Branches offered in MBA post graduate degree in Karnataka. Following are the top trending Specializations/Branches of MBA
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, and financial institutions behaviour, Advertising etc.,
Operations and Production Management:
This offers advanced knowledge on various facets of business practices, auditing, tax laws, exposures the candidates on organizational efficiency, business valuations and management of innovations
Marketing Management
This is one of the most opted and topmost specializations of MBA, which focusses 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, Marketing Analytics.
IT Management
This subject broadly enables the candidates to improve their skills that 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, management, offers training and empowers knowledge in managing the workforce of an organisation 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 are looking for MBA candidates having this specialization. This course includes subjects such as Principles of Healh Service Management, Organization Behavior, Materials and Equipment Management, Health Economics, and Strategic Human Resource Management.
International Business Management
This is one of the topmost in MBA specializations, being unique and focusses on the subjects like Foreign Trade Finance and Forex Risk Management, Foreign Trade Policy, Export Management and trains the candidates on various procedure 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 focusses 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.
Placements:
Following are the top International IT and other Multinational Companies that recruit Students from top MBA colleges/Universities from Karnataka.
Some of major companies that visit Top MBA Colleges in Karnataka
Amazon
Apple
Boston Consulting Group (BCG)
JP Morgan Chase & Co
Google
Deloitte
Accenture
Morgan Stanley
AT Kearney
Microsoft
Following are the top Indian IT and other big Companies/Banks that recruit Students from top MBA colleges/Universities from Karnataka.
Some of top IT companies that visit Top MBA Colleges in Karnataka
TCS
Reliance Industries Ltd
Cognizant
Wipro
Infosys
ICICI Bank
Hindustan Lever
Aditya Birla Group
SBI Bank
HDFC
Annual Package/Remuneration
Annual Pay Package of MBA candidates commensurate with (1) Specialization chosen (2) Experience (3) Industry/Company (India or abroad) (4) College/Institute passed and (5) Designation to which the candidate is competing.
Candidates who passed from the top MBA colleges/Universities in Karnataka state can expect an annual package (Cost to Company) based on the above parameters starting from 4.20 Lakhs to 28.0 Lakhs (Salary package offered outside India not mentioned here).