MBA Colleges in West Bengal

West Bengal situated in Eastern India is the second largest tea producing state in India and globally acclaimed Darjeeling Tea variety is produced here.  With the opening of Indian economy and changes in economic and investment policies over the years have unleashed an unprecedented opportunity for growth of private and public investment in West Bengal state.  West Bengal Industrial Development Corporation (WBIDC), one of the premier nodal agencies of West Bengal under Commerce and Industries Department is responsible for conceptualizing, development, growth and facilitation of Industry, Investment, and Infrastructure in West Bengal. Over the years WBIDC is actively engaged in catalysing investment through promotion and marketing of West Bengal as an investment destination, resulting in great demand for qualified and experienced MBA candidates from top MBA Colleges/Universities to hold key positions in top companies in West Bengal.

This article is aimed at providing key in puts to the aspirants who intend to seek admission in top MBA colleges/Universities in West Bengal.  Study in top MBA Colleges/Universities make them eligible to kick start their career and at the same time, experienced candidates would get higher positions in key areas of top companies.        

TOP MBA UNIVERSITIES/COLLEGES IN WEST BENGAL BASED ON 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 assumes importance to know the top MBA Colleges in West Bengal, to make a choice by the prospective candidates to pursue their study in top MBA colleges.

TOP MBA COLLEGES/UNIVERSITIES AS PER ALL INDIA NIRF RANKING 2021 IN WEST BENGAL

Sl No

Name of the College/University

Location

Rank (NIRF 2021)

Public/Private

01

Indian Institute of Management

Kolkata

03

Public

02

Indian Institute of Technology

Kharagpur

09

Public

03

International Management Institute

Kolkata

52

Private

TOP MBA COLLEGES/UNIVERSITIES AS PER ALL INDIA TIMES ‘B’ SCHOOL RANKING 2021 – WEST BENGAL

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:

Sl No

Name of the College/University

Location

Times ‘B’ School Ranking

Public/Private

01

Institute of Engineering and Management (IEM)

Kolkata

29

Public

02

Praxis Business School

Kolkata

33

Private

03

Bengal Institute of Business Studies (BIBS)

Kolkata

61

Private

TOP MBA COLLEGES/UNIVERSITIES AS PER DALAL STREET JOURNAL SURVEY ALL INDIA RANKING 2021

Sl No

Name of the College/University

Location

Dalal Street Journal Ranking

Public/Private

01

International Management Institute (IMI)

Kolkata

50

Private

02

Vinod Gupta School of Management, IIT Kharagpur

Kharagpur

97

Public

TOP MBA COLLEGES/UNIVERSITIES IN WEST BENGAL THE WEEK RANKING 2021

The Week considers various parameters like Faculty, Infrastructure, Placements and Alumini and awards all India ranks.  Details of their findings with respect to West Bengal are tabulated below:

Sl No

Name of the College/University

Location

The Week Ranking 2021

Public/Private

 01

Indian Institute of Social Welfare and Business Management (IISWBM)

 Kolkata

 45

Private

02

Bengal Institute of Business Studies (BIBS)

Kolkata

122

Private

03

Institute of Engineering and Management (IEM)

Kolkata

125

Private

04

JIS College of Engineering

Kolkata

135

Private

Eligibility Criteria and Process of admission in top MBA Colleges/Universities in West Bengal:

  • 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 necessary proof to be submitted as required.

Group Discussion and Personal Interview are necessary in case of some top MBA Colleges/Universities in West Bengal.

Following are the Common Entrance Tests considered by top MBA Colleges/Universities in West Bengal for admission to 2 year post graduate degree in Master of Business Administration (MBA).

Joint Entrance Management Aptitude Test (JEMAT):

JEMAT an entrance test conducted by the Maulana Abul Kalam Azad University of Technology, West Bengal, on behalf of the West Bengal Government.

Other Common Entrance Examinations which are considered by top MBA Colleges and Universities in West Bengal state are:

Common Admission Test (CAT)

CAT is the mandatory computer based Common Admission Test for admission to MBA/PGDM programmes 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/Universities in West Bengal.

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 programmes by over 600 business schools across India including top MBA Schools/Universities in West Bengal.

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   academic performance of aspiring candidates in today''s graduate management programs.  Top MBA Schools/Universities trust this examination for admission to 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 the country.

Cut off percentile in top MBA Colleges/Universities in West Bengal:

It is necessary to understand what percentile means before we go into its details in top MBA Colleges/Universities in West Bengal. For example, let us consider CAT percentile calculated in MBA.  R= Rank assigned to the candidate ‘X’ based on scaled CAT score or total number of candidates who ranked below ‘X’.  Presume 1,000 candidates appeared CAT and ‘X’ bagged the top rank, which means 999 candidates scored less than ‘X’. Then ‘X’ percentile will be 999 /1000 x 100= 99.9.

The following table provides the details of estimated Cut off percentile in top MBA Colleges/Universities in West Bengal.

Sl. No

Name of the School/University

City

Overall Estimated Cut off Percentile

01

Indian Institute of Management (IIM)

Kolkata

97-99

02

Indian Institute of Foreign Trade (IIFT)

Kolkata

125-130

03

International Management Institute (IMI)

Kolkata

80-85

04

Management Development Institute (MDI)

Murshidabad

85-87

05

Indian Institute of Social Welfare and Business Management (IISWBM)

Kolkata

70-75

06

Globsyn Business School (GBS)

Kolkata

70-75

07

Calcutta Business School (CBS)

Kolkata

70-75

08

Xavier Business School (XBS)

Kolkata

65-80

09

Institute of Engineering and Management (IEM)

Kolkata

65-70

10

Praxis Business School

Kolkata

70 (CAT)

It can be observed from the above tables that majority of top MBA Schools/Colleges are in Kolkata city.  Hence, we will discuss below top MBA Schools/Colleges in Kolkata, fee structure and ROI.

FEES STRUCTURE vis-à-vis ROI OF TOP MBA SCHOOLS/COLLEGES IN KOLKATA

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 Kolkata.     

TOP MBA PUBLIC SCHOOLS/UNIVERSITIES IN KOLKATA FEES STRUCTURE VIS-À-VIS ROI (RETURN ON INVESTMENTS)

Sl No

Name of the College/University

Average Course fee (Rs in Lakhs) 2 Years

Average Annual ROI (Rs in Lakhs)

01

Indian Institute of Management (IIM)

27.0

26.24

02

Indian Institute of Foreign Trade (IIFT)

19.0

20.48

03

Calcutta University

16.5

3.00

04

University of Kalyani

50,000/-

19,000/-

TOP MBA PRIVATE SCHOOLS/UNIVERSITIES IN KOLKATA FEE STRUCTURE VIS-À-VIS ROI (RETURN ON INVESTMENTS)

Sl No

Name of the College/University

Average Course fee* (Rs in Lakhs) (2 years)

Average Annual ROI LPA

01

Praxis Business School

7.27

9.19

02

Indian Institute of Social Welfare and Business Management (IISWBM)

4.95

6.50

03

Adamas University

5.51

3.50

04

NSHM Knowledge Campus

6.60

2.32

05

Institute of Management Study (IMS)

5.20

3.75

06

International Management Institute (IMI)

13.0

8.55

07

Indian Institute of Foreign Trade (IIFT)

9.39

20.48

08

Calcutta Business School (CBS)

7.00

3.5-4.5

09

Bengal Institute of Business Studies (BIBS)

5.78

4.50

10

JIS College of Engineering

5.20

2.40

*subject to changes by the college/University concerned from time to time.

LPA – Average pay package (rupees in Lakhs Per Annum).

SPECIALIZATIONS OFFERED IN TOP MBA SCHOOLS/UNIVERSITIES IN WEST BENGAL.

After knowing the Top MBA Colleges/Universities in West Bengal and separately for Kolkata, Course Fee, ROI, eligibility criteria, we will now discuss on the various top MBA Specialization/Branches offered in MBA post graduate degree in West Bengal.  Following are the top trending Specializations/Branches of MBA, not only in West Bengal, but all over India.

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 West Bengal.

Some of major companies that visit Top MBA Colleges in West Bengal

Amazon

Apple

Boston Consulting Group (BCG)

JP Morgan Chase & Co

Google

Deloitte

Accenture

Morgan Stanley

AT Kearney

Microsoft

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Estd:1961

Indian Institute of Management (IIM), Kolkata

Kolkata, West Bengal
NIRF RANKING
#3
Type: Autonomous
Facilities
Estd:1956

Ramakrishna Mission Vivekananda University

Howrah, West Bengal
Type: Deemed to be University
Facilities
Estd:1921

Visva - Bharati

Jalpaiguri, West Bengal
Type: Central University
Facilities
Estd:2014

Adamas University

North 24 Parganas, West Bengal
Type: Private University
Facilities
Estd:2014

Adamas University

North 24 Parganas, West Bengal
Type: Private University
Facilities
Estd:2015

Amity University, Kolkata

North 24 Parganas, West Bengal
4.5
4 Reviews
Type: Private University
Facilities
Estd:2016

Brainware University

Kolkata, West Bengal
4.3
2 Reviews
Type: Private University
Facilities
Estd:2014

JIS University

Kolkata, West Bengal
4.5
1 Reviews
Type: Private University
Facilities
Estd:2014

Seacom Skills University (SSU)

Kolkata, West Bengal
Type: Private University
Facilities
Estd:2017

Sister Nivedita University (SNU)

Kolkata, West Bengal
Type: Private University
Facilities
Estd:2017

St. Xavier's University

Kolkata, West Bengal
Type: Private University
Facilities
Estd:2019

Swami Vivekananda University (SVU)

Kolkata, West Bengal
Type: Private University
Facilities
Estd:2012

Techno India University

Kolkata, West Bengal
3.3
2 Reviews
Type: Private University
Facilities
Estd:2014

University of Engineering & Management (UEM)

Kolkata, West Bengal
4.5
2 Reviews
Type: Private University
Facilities
Estd:2014

University of Engineering & Management (UEM)

Kolkata, West Bengal
4.5
2 Reviews
Type: Private University
Facilities
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