In the recent study it was found that Mumbai is the costliest city in India. And Delhi is breathing next to it. Thus choosing a MBA college is not only about the fees of the college; rather it is more about living expenses for the 2 years. If the fees are five lakhs, then the total expenses easily become ten lakhs in cities like Mumbai and Delhi. But MBA is must for students who would like to pursue their career in management and business fields. What would be the alternatives then?
Certainly the students and their parents have to search the MBA colleges by taking into account the academics part of the college, the heritage, the faculty, placement record, fees and living expense. But it’s difficult to find a combo of all of the above in any other city except one. Yes, it is Bangalore. Bangalore is a city where all dreams come true. And most certainly if you would like to pursue your MBA from a reputed college with almost half of the expenses than Mumbai and Delhi, with great placement record and world class faculties, you should consider only Bangalore as your MBA destination.
According to the educational experts of India, this pedagogy is one of the most significant differential factors for it being the number one in education, placement and post MBA records. It’s a public business school. The number of academic staffs who work here is 110. Only 1000 students are being selected for its flagship program PGDM. It’s not a degree, but it is equivalent to an MBA degree, quite often more than that.
The campus is in urban area and has spread over 1000 acres. Along with post-graduation program, IIM, Bangalore also provides PhD program for qualified students. The mission of this institution is “build leaders through holistic, transformative and innovative education.” The PGDM programs are allowed to students who sit for CAT and score in the range of 96 to 99 percentile in the exam.
IIM, Bangalore also allows students who sit for GMAT and score significantly well. The main attraction of the campus is its 55,000 square feet sized library. There are total 235,000 documents and 85,000 journals. There are also 16 hostels and in all hostels 24 hours internet connectivity is being provided. If you get to enter into this B-School, your career and life will be set for glory in very near future.
Indian Institute of Science, Bangalore
This is the second best MBA College in Bangalore. If you have a background in science, this college would be perfect fit for you. It was established in the year 1909, almost 106 years ago. It is a public institution. The history behind the foundation of this college is magnificent. Jamsedji Tata, while visiting in a ship to America met Swami Vivekananda and Swamiji gave him the idea of building an educational place where the values and character would be given preference in students. From that conversation, the IISC was born.
The campus is in urban area and almost 4 kilometres in size. To specify for students and parents who live outside of Bangalore, this college is almost 35 kilometres from Kempegowda International Airport. The library of this institution is one of the major attractions. The library was built out of the grants provided by UGC and the annual budget for this library is over Rs. 100 million. There are total 411,000 documents, 1734 periodicals and 10,000 journals in the library. The students who get admission into this college do so by sitting for CAT exam and by scoring exceedingly well in the same. Along with MBA, the institute also provides programs like MSc and PhD.
Xavier Institute of Management & Entrepreneurship (XIME), Bangalore
The third best MBA College in Bangalore is unique and has another branch in Kochi, Kerala. This is one of the few MBA institutes in Bangalore which has got AICTE accreditation. This was established in the year 1993 which makes it a 22 year old institution. This is a private business school. The institute doesn’t provide an MBA degree, rather it provides PGDM which is equivalent to an MBA degree, may be better.
The campus is quite big for 180 students and it is in the urban area. To get admission into this college, students have to sit for CAT or XAT. In both cases, your percentile should be better than ordinary, more than 85 percentile. Along with Post-Graduation Diploma in Management, XIME also provides Management Development Programs and Entrepreneurship Development Programs.
The institute ranks 18th as per All India Management Association (AIMA) in the year 2014. XIME has also been able to tie affiliations with top-notch institutes in foreign countries. Audencia Nantes School of Management, France and University of Redlands, USA are two of the most significant affiliations. If you ever get to study in this institute, your future would be very much bright which has been proven again and again by the bright alumni of this top class B-School.
Institute of Finance & International Management (IFIM), Bangalore
This is the 4th best B-School in Bangalore. It’s one of the most sought after institutes which have got AICTE affiliation. IFIM is also an esteemed member of Association to Advance Collegiate Schools of Business (AACSB) and eagerly pursuing the endorsement for the same. It was established in the year 1995 which means that it’s one of the modern B-Schools in Bangalore.
It is a private business school and the campus has spread over 2 acres of land. The seats which are available for its post-graduation program are 240 and the selection is done on the base of strict adherence to merit and quality of the students. Business Today has ranked IFIM as 53rd B-School among India’s top 100 B-Schools. IFIM has also maintained accreditations with ESC Rennes School of Business, Virginia Commonwealth University, Manchester Metropolitan University and Plymouth University.
The campus is adorned by excellent library, IBM Business Analytics Library, Centre for Research, Centre for Entrepreneurship etc. There are basically two post-graduation diploma offered by IFIM, one is in Management and another is in Finance. Other than that IFIM also offers programs for executives as well. If you ever feel to take finance as your MBA specialization and consider Bangalore to be the best place to study, IFIM should be in your priority list for applying.
Alliance School of Business, Bangalore
This is the 5th best B-School in Bangalore. It’s quite a well-equipped, modern B-School in Bangalore. But only thing that bothers the students and parents is its fees. It’s significantly higher than any other top-notch B-Schools in Bangalore. The fees are around Rs. 13 lakhs for the whole program. Other than fees, students who join here have nothing to complain about.
From education to faculty, from amenities to placements everything is top class. The ratio of faculty to student is 1 is to 10 which is quite high for any top class institute in India. The campus is very much attractive. The campus is adorned with Learning Centre, Library, Food Court, Guest House, Staff Quarters, Book Store, Saloon and Fitness Centre.
It was established in 2010 and it’s only 5 years old. The college is affiliated by University Grant Commission (UGC), New Delhi. In the year 2015, almost 275 recruiters have visited the campus which in itself is a big feat. If you have no financial burden and would like to study in a great environment with the surety of placement and empowered education, you should definitely choose Alliance School of Business over any other colleges for your MBA aspiration.
MS Ramaiah Institute of Management, Bangalore
This is the 6th best B-School in Bangalore. MS Ramaiah Institute of Management is one of the most sought after colleges for MBA in Bangalore. It was established in the year 1995 which means that it’s now a 20 year old B-School in the Bangalore city. The MBA offered by MS Ramaiah Institute of Management is AICTE approved and capable of transmuting students into brilliant professionals.
This institute is affiliated to the professional bodies like Confederation of Indian Industry, All India Management Association, Association of Indian Management Schools, Bangalore Management Association and Federation of Karnataka Chambers of Commerce and Industry. Other than management course, it also offers insurance and banking course to its students.
Students who have passed out from MS Ramaiah Institute of Management have got placed in various MNCs. From the latest news, it was found that the highest package offered in the placement of this institute is around 14 lakhs per annum. If you would like to join a B-School which offers incredible education and magnificent placement, this institute would be perfect fit for you.
Acharya Institute of Management & Sciences, Bangalore
Acharya Institute of Management & Sciences (AIMS) is one of the best B-Schools in Bangalore. This is a private institute and self-financed. It was founded in the year 1994. It is affiliated to Bangalore University and also to University of Mysore. It provides post-graduation courses in different subjects. Along with that it also offers undergraduate and certificate courses.
The management program has been accredited by International Assembly for Collegiate Business Education (IACBE), USA. It is run by JMJ Education Society. The MBA it offers is very professional and the curriculum transmutes students from being naïve to complete professionals. The evidence we get is in the placement.
The average salary of the placement last year was 5 lakhs per annum and the highest package was 17 lakhs per annum. According to the survey done by Times of India, it ranked 4th in South India. If you would like to study in reasonable fees and want to get a world class education, you should include AIMS in your list of preference for your MBA studies.
PES University, Bangalore
PES University is a bit older compared to its other counterparts. And it is big too. PES University was established in the year 1972, meaning now it is a 43 year old University which offers incredible education to all of its students. Unlike other top class MBA institutions in Bangalore, PES University avails seats for far more students.
There are total 4000 students who are studying graduation and 1000 students are pursuing their Post-Graduation in Management and other field of studies. Other than management studies PES also offers Engineering, Medicine and Life Sciences. And it offers graduation, post-graduation and PhD courses. The students who have passed out of MBA from this University are all well-educated and employed in various MNCs.
Though in selection, Karnataka is given preference, if you wish to take admission in the MBA programs of PES University, you are free to do so. PES University is ultimately a great combination of excellent education and magnificent placements. At the same time, you don’t need to pay a huge fee to pursue your higher studies.
Prin. LN Welingkar Institute of Management Development & Research, Bangalore:
This is one of the best B-Schools in India and of course in Bangalore. Though the other branch of this institute which is situated in Mumbai is more popular due to its incredible placement records and amazing study-orientation, but this wing in Bangalore is no way less renowned. This institute is approved by AICTE and it always aims to nurture future leaders for the industry. It has also been accredited by National Board of Accreditation (NBA).
It provides series of programs to its students – from post-graduation diploma to PhD and from part time courses to distance learning programs. The fees are also very reasonable. What’s most attractive about this college is the care it takes to nurture every student for placement. We would be able to understand this from the placement record – the average salary any student would get is around 7 lakhs per annum and the highest salary is around 14 lakhs.
If you score more than 85 percentile in CAT or similar score in XAT or CMAT, you would be able to get admission into this college. And then onwards your life and career would go on a high road, never to return to mediocrity again.
Acharya Institute of Technology, Bangalore
This institute is mainly founded for the purpose of educating engineering students, but it has also expanded its horizon by offering MBA courses to those students who need quality education at reasonable fees. This institute is accredited by NBA, AICTE & Council of Architecture (COA). The university affiliation lies with Visvesvaraya Technological University (VTU).
The institute was established in the year 2000 and it is self-financed, private type of institution. Its motto has always been “Nurturing Excellence.” The numbers of under-graduates and post-graduates who study here are 10,000 and 700 respectively. Management students are being admitted on the basis of the score of Karnataka Management Aptitude Test (KMAT). So, if you would like to study in this college, all you need to do is to come to Bangalore and sit for KMAT and score significantly well.
The above are the comprehensive review and listing of top 10 MBA colleges in Bangalore. This list will help you decide for yourself which college you should opt for according your financial fitness and career aspiration.