MBA Colleges in Uttarakhand

Uttarakhand is in the foothills of the Himalayan mountains and in close proximity to the National capital, New Delhi, with excellent connectivity with the neighbouring states of Himachal Pradesh and Uttar Pradesh.  Uttarakhand is one of the fastest-growing states in India with the massive growth of capital investment in view of the state’s conducive industrial policy and generous tax benefits.

Uttarakhand has abundant natural resources and the agroclimatic conditions support horticulture-based industries.  Abundant water resources in the state provide hydropower generation. Uttarakhand has wildlife parks, pilgrimage places, and trekking routes that provide more opportunities in the Tourism Sector

Prospects of MBA/PGDM Graduates in Uttarakhand:

Uttarakhand Government has poised for development in the following key sectors:

• Argo-based Industries
• IT & ITeS (Information Technology and IT enabled Services)
• Pharmaceuticals and Aromatic Plants
• Tourism
• Aayush and Wellness

The Department of Promotion and Industry and Internal Trade of the Uttarakhand Government has initiated various steps to promote industries in the state through the simplified and rationalized regulatory process for efficient governance.

The above initiatives of the Government of Uttarakhand are expected to give a fillip in the employment generation in the years ahead.

This article is intended to keep well-informed of the updated data with respect to Top MBA Colleges to enable the prospective candidates to decide without a dilemma.

Top MBA Colleges/Business Schools/Institutes in Uttarakhand state based on the all India Rankings by different Agencies:

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 to knowing the top MBA Colleges in Uttarakhand, to make a choice by the prospective candidates to pursue their study in top MBA colleges.

Top MBA Colleges/Business Schools/Institutes As Per All India NIRF Ranking 2022 In Uttarakhand

Top MBA Colleges As Per All India Times ‘B’ School Ranking 2022 – Uttarakhand.
The objective of Times B School research is to arrive at a list of top business schools offering full-time 2-year management courses in India. The research consists of 3 major modules (1) Desk Research (2) Factual survey (3) Perceptual Rating survey. After the data is collected, a methodical analysis will be carried out to rate the various B schools that participated in the survey/study.  Their rankings are tabulated below:

Eligibility Criteria and Process of admission in top MBA Colleges in Uttarakhand:

• A citizen of India
• Must have passed a bachelor’s degree of 3 years from a recognized university/college.
• 50% minimum marks (45% 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.
• Domicile rule is applicable in Uttarakhand with 85% of the total seats allocated to local candidates of Uttarakhand State.
• Group Discussion and Personal Interviews are necessary in the case of some top MBA Colleges in Uttarakhand.

• National Common Entrance Examinations which are considered by top MBA Colleges and Institutions in Uttarakhand state are CAT/CMAT/MAT/UPES MAT/IBSAT.

Top MBA Colleges /Business Schools in Uttarakhand – Fee Structure vis-à-vis Return on Investment (ROI)

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 Colleges in Uttarakhand.

• Figures mentioned under ROI above are annual pay packages in Lakhs Per Annum (LPA) offered by the Recruiters.
• The course fee mentioned is approximate and subject to changes by the college/Institute concerned from time to time.

Specializations offered in Top MBA Colleges in Uttarakhand:

In the State of Uttarakhand around 25 specializations are offered in various MBA/Business Schools. Following are the top trending specializations/branches offered in MBA Programmes in top Colleges/Institutes in Uttarakhand, with brief details of each specialization, for first-hand information of the prospective candidates.

• 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, and tax laws, and exposure the candidates to organizational efficiency, business valuations, and management of innovations.

• Marketing Management

This is one of the most opted and top most 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 deal with Core business Fundamentals and get 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 are looking for MBA candidates having this specialization.  This course includes subjects such as Principles of Health Service Management, Organization Behavior, Materials and Equipment Management, Health Economics, and Strategic Human Resource Management. 

• International Business Management

This is one of the top most in MBA specializations, being unique and focusses 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 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.

Top MBA Colleges in Uttarakhand – Placements:

Every Top MBA Colleges in Uttarakhand records a visit of top Recruiters ranging between 30 to 100.  The average highest package recorded was 35 to 40 LPA (Rupees Lakhs per annum) and the average package was 4.0 to 4.5 LPA.   A list of top Recruiters/Companies that visited various campuses of Top MBA Colleges in Uttarakhand state during the year 2022 is tabulated below:

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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 around 98 MBA Colleges/Business Schools/Institutes in Uttarakhand, (77 private and 19 Government) offering MBA/PGDM Programs, including 02 correspondence Colleges/Institutes.

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