Top MBA Colleges in Kolkata: Rankings, Admission Process, and Campus Life

December 20, 2023
best mba colleges in kolkata

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MBA is a PG program that provides promising career options. With an MBA, students can develop the vital skills to succeed in the corporate world. Leadership, communication, problem-solving, and decision-making skills are some such skills. Pursuing an MBA degree in India is also affordable compared to other countries.

India has some of the

MBA is a PG program that provides promising career options. With an MBA, students can develop the vital skills to succeed in the corporate world. Leadership, communication, problem-solving, and decision-making skills are some such skills. Pursuing an MBA degree in India is also affordable compared to other countries.

India has some of the top MBA colleges globally. Each of them provides students with quality education and training. The admission process for MBA programs in India involves an entrance exam. Some common ones are CAT, XAT, SNAP, and CMAT.

globally. Each of them provides students with quality education and training. The admission process for MBA programs in India involves an entrance exam. Some common ones are CAT, XAT, SNAP, and CMAT.

Students from any background can pursue an MBA. There are many fields:

  • Finance
  • Marketing
  • Human Resource Management
  • Rural Management
  • Management Science
  • Banking & Finance Management
  • International Business

In this article, we will focus on the best MBA colleges in Kolkata. We will provide an overview of the top MBA colleges in Kolkata.

Top MBA Colleges in Kolkata

There are many management colleges in Kolkata. These courses equip students with the skills to succeed in the corporate world.

Here are some highlights of MBA colleges in Kolkata:

Number of MBA Colleges50
Type of CollegesManagement
Colleges Affiliated toState Universities Private Universities
Courses OfferedMBA in multiple fields Executive MBAPGDMDoctorate
Average FeesRs. 50,000 to Rs. 10 lakhs
Admission ProcessEntrance exams such as: CATMATXATGMATCMATFew others Personal Interview Group Discussion

Top MBA Colleges in Kolkata (Based on NIRF Ranking)

The top 10 MBA colleges in Kolkata are as follows:

1. Indian Institute of Management (IIM), Calcutta

It is one of the most respected business schools in Kolkata. It offers many PG programs, including:

  • PGP
  • PGPEX
  • PGDBA
  • PGPEX-VLM

The campus has modern aids such as a library and computer lab. There are sports aids, arenas, and hostels. It is an independent college, maintains high academic standards and ensures quality education for its students.

The total fee is around Rs. 22 lakhs. The college uses CAT scores to give admission to students. A Personal Interview and Written Ability Test follow it.
IIM Calcutta has strong placement data. The average salary of freshers is around Rs. 28 lakhs per annum.

2. International Management Institute (IMI), Kolkata

International Management Institute is a leading MBA institute in Kolkata. It offers two management courses:

  • PGDM
  • EPGDM

These courses offer a complete understanding of the business world.

The institute boasts a big campus spread over 2 acres. It includes a library, computer lab, and sports aids. It also has hostels to provide students with a holistic learning experience. IMI Kolkata is an independent college.

The total fee is around Rs. 15 lakhs. The institute admits students through entrance exams such as CAT, XAT, GMAT, CMAT, and MAT.

IMI Kolkata has great placement data. The average salary for freshers is around Rs. 8 lakhs per annum.

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3. Army Institute of Management (AIM), Kolkata

Business schools in Kolkata have gained notable praise. The Army Institute of Management (AIM) is a prime college.

AIM offers a two-year PGDM program. Its affiliation is with the Maulana Abul Kalam Azad University of Technology.

The campus has modern aids such as a library and computer center. It also has sports aids and hostels. The aim is to provide a good learning environment for students.

The total fee is around Rs. 9 lakhs. CAT scores create a base for entry. The institute has average placement data. The students get an average salary of Rs. 6 LPA.

AIM is one of the top-notch business schools in Kolkata. It offers freshers quality education and excellent career options.

4. Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata

It is one of Kolkata’s top 10 MBA colleges. The institute offers a range of courses, including:

  • MBA
  • MHRM
  • MPM
  • MMM
  • PGDM (Executive)
  • PGDM

The campus boasts modern aids such as:

  • Library
  • Computer Centre
  • Sports aids
  • Hostels

It has an affiliation with the University of Calcutta. It charges an average fee of Rs. 2.5 lakhs for the MBA.
The institute accepts admission scores for CAT, MAT, CMAT, XAT, and JEMAT entrance exams.
The average salary for freshers is around Rs. 6 lakhs per annum.

5. Calcutta University

It is one of the best MBA colleges in Kolkata. It offers management courses like:

  • MBA
  • MBA (Finance)
  • MBA (HR)
  • MBA (Marketing)

The campus has modern aids such as a library, computer labs, seminar halls, and sports aids. It has an affiliation with the University of Calcutta. The average fee for the MBA program is around Rs. 1.5 lakhs.

Admission is on entrance exams such as CAT, MAT, CMAT, XAT, and JEMAT. The average placement package is around Rs. 6 LPA.

6. Calcutta Business School, Kolkata

Calcutta Business School is one of the leading management colleges in Kolkata. It offers a range of management programs, such as

  • PGDM
  • Executive PGDM
  • Executive MBA

The campus has modern aids such as a library, computer labs, seminar halls, and sports aids.
The institution has affiliations with AICTE. It follows a modern curriculum to impart knowledge and skills.
The average fee is around Rs. 8.5 lakhs. Admission to this college requires entrance exams such as CAT, MAT, XAT, CMAT, or GMAT scores.

The average placement package is around Rs. 6.5 LPA.

7. Heritage Business School, Kolkata

Heritage Business School is a renowned management institute in Kolkata. The institute offers an MBA program in the following:

  • Marketing
  • Finance
  • Human Resources
  • Systems

It has modern aids such as a library, computer labs, seminar halls, and sports aids. The campus provides an enriching learning experience to its students.

It has an affiliation with the Maulana Abul Kalam Azad University of Technology.

8. Eastern Institute for Integrated Learning in Management – EIILM, Kolkata

It is one of the well-known business schools in Kolkata.
The institute offers an MBA program in specializations, such as:

  • Marketing
  • Finance
  • Human Resources
  • Systems

The campus has all the modern aids. EIILM has affiliations with the Maulana Abul Kalam Azad University of Technology. The average fee for the MBA program is around Rs. 6 lakhs.

Admission to the program is via entrance exams such as CAT, XAT, GMAT, CMAT, and MAT. The average placement package is around Rs. 5 LPA.

9. Praxis Business School, Kolkata

Praxis Business School is a leading management institute in Kolkata. It offers PGDM programs in the following ways:

  • Business Analytics
  • Marketing
  • Finance

The campus provides many modern aids. The primary ones include a library, computer labs, seminar halls, and sports aids.

The institute has an affiliation with AICTE. The access needs clearing entrance exams such as CAT, XAT, GMAT, CMAT, and GRE. The average fee for the PGDM program at Praxis Business School is around Rs. 9 lakhs.

The average package offered to students is around Rs. 8-10 LPA. The highest package offered is around Rs. 18 LPA.

10. Institute of Engineering and Management School

It is a top-tier management institute in Kolkata. The institute offers an MBA program in fields such as:

  • Marketing
  • Finance
  • HR
  • Systems

IEM has state-of-the-art aids such as a library, computer labs, and arenas. There are seminar halls and sports aids too.

It has affiliations with the Maulana Abul Kalam Azad University of Technology. The average fee for the MBA program at IEM is around Rs. 4.5 lakhs. For admission, students must clear entrance exams such as CAT, MAT, CMAT, GMAT, and JEMAT.

The average placement record of IEM is around 85%. It provides ample options for students to secure positions in top firms.

Apart from these top 10 MBA colleges in Kolkata, here are a few other colleges:

  • Globsyn Business School
  • Eastern Institute for Integrated Learning In Management
  • ICFAI Business School
  • Swami Vivekananda Institute of Management and Computer Science
  • Bhartiya Vidya Bhavan Institute of Management Science
  • Institute of Management StudyInternational School of Business & Media
  • University of Engineering and Management
  • Amity University
  • St. Xavier’s University
  • Adamas University
  • Brainware University,
  • Swami Vivekananda University
  • Goenka College of Commerce and Business Administration
  • International Institute of Management Sciences

Also Read: MBA after Engineering for Success in 2023 – Benefits, Scope, Salary, Colleges

Top Private MBA Colleges in Kolkata

Kolkata is home to some of the top private MBA colleges in India. These colleges offer a variety of MBA courses, including fields in:

  • Marketing,
  • Finance
  • Human resources
  • Operations management

You can also do PG diploma programs and executive MBA programs. Most of these colleges have affiliations with well-known universities.

These are MBA colleges in Kolkata with course fees from 7-15 lakhs for the two-year program. To get admitted to these colleges, you must clear CAT, MAT, XAT, and CMAT.

These colleges provide state-of-the-art aids, including classrooms, libraries, and computer labs. There is a facility for student housing as well. Other aids, such as clubs and sports teams, are also there.

The average placement record ranges from 80-90%. The students get placements in top firms across all sectors. A few notable ones are Deloitte, KPMG, and TCS.

Top Public MBA Colleges in Kolkata

Some of the best MBA colleges in Kolkata include top public institutions are:

  • Indian Institute of Management Calcutta (IIMC)
  • Department of Business Management – University of Calcutta
  • Institute of Business Management – Jadavpur University.

These schools offer MBA programs in the following:

  • Finance,
  • Marketing
  • Human resources
  • Operations management
  • Executive MBA
  • Doctoral programs

The campuses provide students access to many modern aids. The colleges have amazing classrooms, libraries, computer labs, and student housing.

Students can also take part in clubs and sports teams. These colleges have affiliations with well-known universities.

The average fee for these programs is 1-3 lakhs. Passing entrance exams such as CAT, MAT, XAT, and CMAT is a must for admission.

These colleges have vital placement records. On an average of 80-90% of students get placement in top firms such as ONGC, SAIL, and Coal India.

Top Distance MBA Colleges in Kolkata

The best distance MBA colleges in Kolkata are:

  • Netaji Subhas Open University
  • Indira Gandhi National Open University
  • Vidyasagar University

All these allow students to complete their MBA degree online or through correspondence.
These colleges offer multiple MBA programs. Some common fields are finance, marketing, human resources, and operations management.
There is also an option for executive MBA courses.
Distance learning MBA students are not required to visit college. They might miss on aids needed. Yet, these colleges offer online resources and support services to help students.
This ensures students receive a quality education and support throughout their program.
Most of these colleges have affiliations with reputed universities.
The average fee for the two-year program ranges from 50,000 to 1 lakh.
Entrance exams such as CAT, MAT, XAT, and CMAT are essential for admissions.
Placement records are not maintained for distance MBA colleges. It’s because most students work or seek a job after completing the course.

Entrance Exams for Top MBA Colleges in Kolkata

Students must take entrance exams for admission into the top MBA colleges in Kolkata. These exams aim to assess candidates’ skills in the following:

  • Logical reasoning
  • Quantitative ability
  • Verbal ability
  • General aptitude.

The known entrance exams for MBA admission in Kolkata include

  1. Common Admission Test (CAT)
  2. Xavier Aptitude Test (XAT)
  3. Symbiosis National Aptitude Test (SNAP)
  4. Common Management Admission Test (CMAT)
  5. Aims Test for Management Admission (ATMA)
  6. Management Aptitude Test (MAT)

Each entrance exam has its own syllabus, pattern, and difficulty level. So, students need to prepare to clear these exams. By doing so, they can secure admission to the top MBA colleges in Kolkata. This will boost their career prospects.

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Exploring Kolkata’s Premier MBA Institutions

Kolkata, the capital of West Bengal, India, is home to many top-tier MBA colleges. These institutions offer various MBA programs. These are a full-time, part-time, executive, and online MBA.

The article has provided a wide list of the best MBA colleges in Kolkata. Many parameters help to rank these colleges. The common ones are reputation, placements, faculty, infrastructure, and student diversity.

Furthermore, the admission process for these MBA programs is also explained. Each college’s eligibility criteria, entrance exams, and selection procedure are similar. Students can choose the college they prefer. This can help them align with their career goals.

Evaluate numerous career choices to choose the right career path for yourself. Dive into our guide on Career Advice.

Frequently Asked Questions (FAQ’s)

What are the eligibility criteria to get admission to MBA colleges in Kolkata?

MBA colleges in Kolkata need candidates to have a graduation degree. For the general students, it is a least of 50% marks. It is 45% for SC/ST candidates. Also, students need to appear for national or state-level entrance exams.
Some colleges prefer work experience. A personal interview and group discussion may also be there. Check specific needs before applying.

What is the admission process for MBA colleges in Kolkata?

To get admission to the best MBA colleges in Kolkata, follow the steps below:
1. Get a recognized graduation degree.
2. Apply by filling out the college’s application form.
3. Take national or state-level entrance exams.
4. Undergo selection procedures such as interviews or group discussions.
Some colleges offer direct admission. Check each college’s specific admission needs.

What is the duration of MBA programs in Kolkata?

MBA programs in Kolkata are 2-year courses divided into four 6-month semesters. They involve classroom training, case studies, internships, and live projects. Some colleges may offer part-time or executive MBA programs, which may take up to 3 years.

What are the fees for MBA programs in Kolkata?

MBA program fees in Kolkata vary between INR 30,000 to INR 8,00,000 per year, depending on the college and program type. Full-time MBA programs cost between INR 5-15 lakh. Scholarships and financial aid may be there.

What are the specializations offered by MBA colleges in Kolkata?

Here are the fields offered by MBA colleges in Kolkata:
1. Marketing
2. Human Resources
3. Finance
4. Operational Management
5. Digital Marketing
6. International Business
7. Retail Management
8. Supply Chain
9. Healthcare and Hospital
Students can choose a field based on their interests and career goals.

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