We will take a close look at some of the top MBA colleges in India, which are known for their superlative education and excellent career prospects. The extraction of our analysis will provide readers with vital information about these MBA institutes, like average salary, education course fee, facility and service provision, etc.
Jamnalal Bajaj Institute of Management Studies (JBIMS)
JBIMS is affiliated to Mumbai University and rated as one of the top MBA colleges in Mumbai. The institute offers two years management course for a fee of 3 lakh. They also offer 3-year part-time courses in Financial and Human Resource Management costing 1.5 lakh.
National Institute of Industrial Engineering (NIIE)
NIIE was established in 1963 and began to offer very unique MBA programs in industries and industrial safety. Fee for MBA in Industrial Management is 8.10 lakh and requires CAT cut off. MBAs from the institute rake in high salaries of up to 50 LPA.
Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research
The institute was established in 1981 and was 19 best MBA institutes in NIRF 2018 ranking. SP Jain is a choice of thousands because of its reputation and high salary packages. The average salary for a fresher is around 20 LPA.
Shailesh J. Mehta (SJM) School of Management
SJM was established in 1985 under the IIT Bombay commission. The Master of Management course is a full-time course of 2 years and the fee for this is 8.32 lakh. CAT cut-off is the basis of admission in SJM School. The average package for 2017 batch was 17.6 LPA.
ITM Business School, Navi Mumbai
ITM Grade A accredited institute by NAAC. The MBA program course fee is 9.3 lakh and requires good CAT, GMAT, MAT scores. Annual average salaries for fresh MBA students are 5-6 lakh
J. Somaiya Institute of Management Studies and Research (KJSIMSR)
KJSIMSR offers top-end MBA degrees in Healthcare, Finance, HR and Business management. The course fee for the PGDBM course is 13.66 lakh. Excellent recruitment support means students are up to 10 LPA as the starting salaries.
SIES College of Management Studies
SIES is affiliated to Mumbai University and offers full time and part MBA courses. They have a 100% placement record over several years and new MBAs are getting salaries of 5-6 LPA on an average basis.
Prin. L. N. Welingkar Institute of Management Development and Research
The institute offers admission for its MBA program based on a stiff competition of CAT score and academic performances. The course fee is 11 lakh for the 2-year program. The average salary offers around 7.5 LPA, and even summer Interns were paid handsomely.
L. Dalmia Institute of Management Studies and Research
The institute was established in 1985 with affiliation from Mumbai Univ. and offers valuable MBA courses providing excellent infrastructure for new-age education. The students were offered salaries of 6 LPA, and the highest package offer was 24 LPA.
Universal Business School (UBS)
UBS delivers quality MBA programs on the campus. The fee for the PGD equivalent MBA program is 8.5 lakh. At the annual placement drives conducted by UBS, students were offered average annual salaries of 7 LPA.
ICFAI Business School, Mumbai
ICFAI Mumbai institute is country-wise known for its contemporary MBA program. The fee for the two-year program is 8 lakh. The Institute achieves almost 100% placement every year, reaching average annual salary at 6-7 LPA.
Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE)
The institute is AICTE approved and offers a two-year full-time MBA program for a total fee of 1.34 lakh. The Institute averages an annual salary of 11 LPA for fresh MBA graduates, which is excellent when compared to other MBA institutes.
IES Management College and Research Centre
IES offers a full-time master’s in business administration for a fee of 7.2 lakh. Admission to the institute is based on the CAT score and there is stiff competition for a seat. Students were offered 6 LPA on an average on the completion of an MBA.
Vivekanand Education Society Institute of Management Studies and Research
The institute was established in 1984 and approved by AICTE. It offers in Finance and Operation under the Business Administration domain. Good companies visit recruitment drives with an average salary offer 4-5 LPA.
Atharva Institute of Management Studies
Affiliated to Mumbai Univ., the institute offers 2 year MBA program for a fee of 1.56 lakh. It allows MBA students to pursue careers in the dynamic world of management and administration. The institute has a good placement record, with an average annual salary of 3-4 LPA for starters.
Chetana’s Institute of Management and Research
It is a private institute established in 1996 with excellent MBA programs in Management, Retail, and Marketing. The course is 6.61 lakh and the placement is very good. The annual average salary for last year placement was 5-6 LPA.
Durgadevi Saraf Institute of Management Studies
It is an AICTE approved MBA academy with full-time courses available after selection through CAT cut off and on payment of 7.8 lakh fee. An MBA pass out can expect a starting salary of 3-4 LPA. The institute receives ISO certification by Lloyd’s Register LQRA.
Alkesh Dinesh Mody Institute for Financial and Management Studies
The institute is a top rated MBA college in Mumbai affiliated to Mumbai Univ. Students who have done MBA from here have shown confidence in the corporate world. The starting CTC of 4 LPA on an average make Alkesh Dinesh Modi a fine institute.
H.K. Institute of Management Studies and Research
HKIM Is a quality private educational institute affiliated to Mumbai Univ. It invites admission to an MBA program at its Jogeshwari campus. The institute makes great efforts to invite companies for placements and averages annual CTC of 3.5.4 LPA.
Vidyalankar Institute of Technology
The institute was established in 1999 with affiliation from Mumbai University. It offers a contemporary MBA program that is designed for advancing tools & technology in the marketing world. It has an international affiliation with Toledo University, USA and conducts a student’s foreign exchange program.
Author Bio: Saumya Srivastava writes articles/ blogs, which, considering where you are reading these, makes perfect sense. She’s best known for writing articles on education and specializes in Engineering & Technology, IT and Medicine streams. She is a wanderlust, novel geek and always high on food. When in search of food, cooking is the only therapy that soothes her senses.