Top MBA Colleges in West bengal 2024: Fees, Admissions, Placements & Rankings

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Update at Jun 17, 2024, 1:01 am

West Bengal has 131 MBA Colleges, of which 107 are private and 24 government-run. These MBA colleges offer a variety of courses, including finance, marketing, and HRM. These MBA programs are available in a variety of formats, including part-time, regular, or distance. IIM Calcutta and the University of Burdwan, are two of West Bengal's best MBA colleges. West Bengal's MBA programs offer many options for students who want to pursue a comprehensive or specialized education. 

Top MBA Colleges in West Bengal: Highlights 2024

Master in Business Administration or MBA is a postgraduate course offered in the Management stream. MBA in West Bengal can be pursued by students who fulfill the eligibility and selection criteria. Generally, students must appear for an entrance exam, followed by APICET, CAT, MAT, and XAT Some popular specializations in which students can pursue an MBA in West Bengal include Sales and marketing, Finance, HR, Operations, and Agriculture and Food Business, among others.

No. of Colleges

131

Types of Colleges

Private: 107

Government: 24

Specialisations Courses

  • Finance
  • Information Technology
  • International Business
  • Sales and Marketing
  • Human Resources

Accepted exam

  • JEMA
  • ATMA
  • CMAT
  • CAT
  • XAT
  • MAT

Annual Fees

INR 21,00,000

Top 10 MBA Colleges in West Bengal

Multiple best MBA colleges in West Bengal offer two-year master's degree programs in the field of business administration and management. The best MBA colleges in West Bengal accept entrance-based online admission applications of the candidates who wish to enroll in the program. The entrance exam includes CAT, GMAT, XAT, CMAT, MAT, and many more. The top MBA colleges in West Bengal include both private and government MBA colleges that are NAAC accredited and UGC and AICTE approved. Here are the top 10 MBA colleges in West Bengal.     

S.No

MBA Colleges / University

Category

City

Exams Accepted for Entrance

1

Indian Institute of Management Calcutta (IIM Calcutta

Government

Kolkata

  • CAT

2

Vinod Gupta School of Management, IIT Kharagpur

Government

Kharagpur

  • CAT
  • GMAT

3

Calcutta Business School (CBS

Private

Kolkata

  •  CAT
  • MAT
  • XAT
  • CMAT
  • GMAT
  • ATMA
  • JEMAT 

4

International Management Institute (IMI), Kolkata

Private

Kolkata

  • XAT
  • CAT
  • CMAT

5

Army Institute of Management, Kolkata

Private

Kolkata

  •  CAT
  • JEMAT

6

Bengal Institute of Business Studies (BIBS)

Private

Kolkata
  • MAT
  • XAT
  • CAT

7

Heritage Business School, Kolkata

Private

Kolkata
  • CAT
  • MAT
  • XAT
  • CMAT
  • JEMAT

8

Techno India University

Private

Kolkata
  • MAT
  • CAT
  • JEMAT
  • WBJEE
  • JEE Main
  • TNJEE
  • XAT
  • CMAT
  • ATMA

9

Institute of Engineering & Management (IEM), Kolkata

Private

Kolkata
  • CAT
  • JEMAT

10

 Future Institute of Engineering and Management (FIEM), Kolkata 

Private

Kolkata
  • MAT
  • CMAT
  • JEMAT

 

Admission Process For Top MBA Colleges in West Bengal

The Top MBA Colleges in West Bengal include not only management schools but also some of India's top engineering schools. In West Bengal, there are around 131 MBA colleges, including 107 private and 24 Government MBA Colleges.
For aspiring candidates eyeing admission to these esteemed MBA Colleges in West Bengal in 2024, the general process entails.

1). Entrance Exam

Primarily, candidates need to appear for entrance exams like the (CAT) Common Admission Test, (XAT) Xavier Aptitude Test, or (GMAT) Graduate Management Admission Test. as per the specific college's requirements.

2). Application Submission

After achieving a competitive score in the entrance exams, applicants must submit detailed applications to their chosen colleges, including academic records, essays, and recommendations.

3). Shortlisting

Based on the entrance exam scores and application details, colleges shortlist candidates for further evaluation.

4). Group Discussions and Personal Interviews

Shortlisted candidates are invited for group discussions and personal interviews, where they are evaluated on communication skills, personality, and knowledge.

5). Final Selection

Final selections are made based on a combination of entrance exam scores, interview performance, academic records, work experience (if applicable), and other criteria specified by the institution.

Popular Entrance Exams For Top MBA Colleges in West Bengal

MBA Entrance Exam in West Bengal

Top MBA colleges in West Bengal offer admissions to candidates who wish to get enrolled and wish to build their career in the field of business administration and management. The MBA entrance exam in west Bengal includes CAT, MAT, XAT, CMAT, GMAT and more. These MBA entrance exams help examine the candidates skills and aptitude which helps in better building of the candidates mind. These national level entrance examinations are competitive and accepted by multiple renowned and reputed colleges. Here is the list of top MBA colleges in west bengal with entrance exam. 

1) CAT (Common Admission Test)

  • Registration Date: first week of August 2024
  • Last Date: Third Week of September 2024
  • Exam Date: 24 November 2024

Conducted on a rotating basis by the Indian Institutes of Management (IIM). Consists of sections assessing Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability. CAT scores are widely accepted by prestigious MBA colleges like IIM Calcutta, helping evaluate candidates' aptitude for management education.

2) MAT (Management Aptitude Test)

  • Registration Date: 20 Feb 2024
  • Last Date: 28 May 2024
  • Exam Date: 2 June 2024

The All India Management Association (AIMA) holds this exam numerous times a year in both computer-based and paper-based versions. Language Comprehension, Mathematical Skills, Data Analysis and Sufficiency, Intelligence and Critical Reasoning, and Indian and Global Environment are among the sections covered. Several MBA colleges in West Bengal accept the MAT as a qualifying test for admission into management programs.

3) XAT (Xavier Aptitude Test)

  • Registration Date: 15 Jul 2023
  • Last Date: 10 Dec 2023
  • Exam Date: 7 January 2024

Conducted on behalf of the Xavier Association of Management Institutes (XAMI) by XLRI Jamshedpur. Sections assess Verbal and Logical Ability, Decision Making, Quantitative Ability and Data Interpretation, and General Knowledge. Scores from XAT are recognized by various prestigious management institutes, including XLRI's extension campus in West Bengal, for their MBA programs.

4) JEMAT (Joint Entrance Management Aptitude Test)

  • Registration Date: 25 January 2024
  • Last Date: 25 MNarch 2024
  • Exam Date: 6,7,8,9,10 May 2024

Conducted by the Maulana Abul Kalam Azad University of Technology (MAKAUT), West Bengal. Tests candidates in areas like English, Mathematics, Logical Reasoning, and General Knowledge. Accepted by several MBA colleges in West Bengal affiliated with MAKAUT, providing an opportunity for students to qualify for admission into management programs.

MBA Colleges in West Bengal: Achieving Excellence with Strong Placement Records

MBA placements are the most crucial element attracting students to seek MBA programs. West Bengal is home to some of the most well-known MNCs, who participate in the placements offered by the top MBA programs in West Bengal. IIM Calcutta has the highest placement package, with a CTC of INR 42.50 LPA. The average placement offered by the top MBA institutes in West Bengal is between INR 4,00,000 Per Annum and 9 Per Annum.

  • Indian Institute of Management: (IIM): IIM Calcutta, one of India's most famous IIMs, has a good placement rate. Renowned organizations from diverse areas such as finance, consulting, technology, and FMCG participate in their placement drives, offering lucrative job opportunities to students.
  • Xavier School of Management: (XLRI), Jamshedpur (West Bengal Off-Campus): For placements, XLRI, known for its high-quality management education, interacts with several firms. The college has a good placement record, with prestigious organizations offering a wide range of positions to its alumni.
  • IIT Kharagpur:  Vinod Gupta School of Management: As part of the esteemed IIT system, VGSoM has a strong industrial connection. Its rigorous academic curriculum, along with industrial internships, prepares students for desired positions in consulting, analytics, finance, and operations.
  • Management Development Institute: (MDI) Murshidabad: MDI Murshidabad guarantees high placement possibilities for its students by emphasizing industry-oriented curriculum and business exposure. Companies from numerous industries actively recruit from this institute.
  •  International Management Institute: (IMI) Kolkata: IMI With a diverse range of organizations engaging in their placement efforts, Kolkata has a great placement track record. The institute emphasizes holistic development to prepare students for the workforce.

Top Government MBA Colleges in West Bengal

In West Bengal, there are 24 government MBA colleges. The majority of students chose to pursue an MBA at one of India's top government MBA institutes. IIM Calcutta is the Top Government MBA College in West Bengal and the third-best MBA college in India. The following are the Top Government MBA Colleges in West Bengal, along with their fee structures. 

S.No

MBA Government Colleges 

 Average Fees 

1

University Of Burdwan 

INR 52,800

2

Indian Institute Of Management [IIMC] Kolkata 

INR 3,100,000

3

University of Kalyani, Kolkata

INR 70,000

4

Indian Institute of Foreign Trade, Kolkata

INR 20,97,000

5

Calcutta University College Street, Kolkata

INR 1,60,000

6

 NIT Durgapur - National Institute of Technology Durgapur 

INR 1,50,000

7

IIM Calcutta - Indian Institute of Management

INR  24,00,000 

Top Private MBA Colleges in West Bengal

IMI Kolkata is one of the Top Private MBA Colleges in West Bengal, with an MBA/PGDM seat intake of 180+ students. The top private MBA Colleges in West Bengal are listed here, along with the number of available seats.

S.No

Top Private Colleges

 Average Fees 

1

Institute of Engineering and Management (IEM), Kolkata

INR 6,40,000

2

Brainware University, Kolkata

INR 4,54,800

3

 Heritage Business School East Calcutta Township, Kolkata 

INR 5,40,000

4

JIS College of Engineering Kalyani, Kolkata

INR 4,98,000

5

IMI Kolkata - International Management Institute Alipore

INR 10,50,000

6

 AIM - Army Institute of Management, Kolkata 

INR 5,85,000

7

Calcutta Business School, Kolkata

INR 7,45,000

Top MBA Colleges in West Bengal with NIRF Ranking

The National Institutional Ranking Framework is a mechanism utilized by the Government of India's Ministry of Education to rank higher education institutions in India. The former Ministry of Human Resource Development authorized the framework, which was launched on September 29, 2015.

The table below shows the top MBA Colleges in West Bengal, as well as their NIRF rankings for the previous two years, from 2022 to 2023:-

S.No

MBA Colleges

NIRF 2022

NIRF 2022

NIRF Score

1

Indian Institute of Management, Calcutta (IIM)

3

4

75.53

2

IIT Kharagpur

12

14

63.92

3

International Management Institute

59

70

48.43

Placement for Best MBA Colleges in West Bengal

The best MBA Colleges in West Bengal offer placement opportunities to students that help them build their careers in the field of business administration and management. The best MBA Colleges in West Bengal have their tie-ups with some of the best and most renowned companies. The top MBA colleges offer the highest placement package of INR 25,36,000 and an average placement package of INR 4,50,000. The top MBA Colleges in West Bengal's top recruiting companies are Qualcomm, Microsoft, IBM, Google, Sony, Oracle, and more. Here are the top 10 MBA Colleges in West Bengal and other placement details.

S.No

MBA Colleges / University

Placement Package

Top Recruiters

1

INDIAN INSTITUTE OF MANAGEMENT CALCUTTA (IIM CALCUTTA

  • Highest: INR 1,15,00,000
  • Average: INR 35,07,000
  • Deshaw
  • Amazon
  • eBay
  • Play games

2

VINOD GUPTA SCHOOL OF MANAGEMENT, IIT KHARAGPUR

  • Highest: INR 43,37,000
  • Average: INR 22,13,000
  • Accenture
  • Amazon
  • Genpact
  • ITC

3

CALCUTTA BUSINESS SCHOOL (CBS

  • Highest: INR 13,00,000
  • Average: INR 7,45,000  to INR 7,96,000
  • Property
  • Pistol
  • Flipkart
  • Amazon.

4

INTERNATIONAL MANAGEMENT INSTITUTE (IMI), KOLKATA

  • Highest: INR 14,00,000
  • Average: INR 10,45,000
  • ICICI Bank
  • Deloitte
  • HDFC Life
  • JSW Steel

5

ARMY INSTITUTE OF MANAGEMENT, KOLKATA

  • Highest: INR 14,00,000
  • Average: INR 5,00,000
  • Bajaj Finserve
  • Himalaya
  • ITC
  • Mother Dairy

6

Bengal Institute of Business Studies (BIBS)

  • Highest: INR 13,00,000
  • Average: INR 6,00,000
  • KPMG
  • Capgemini
  • Google
  • ITC

7

HERITAGE BUSINESS SCHOOL, KOLKATA

  • Highest: INR 6,64,000
  • Average: INR 3,50,000
  • Colgate-Palmolive
  • PWC. Ernst & Young
  • KPMG
  • Amul

8

TECHNO INDIA UNIVERSITY

  • Highest: INR 15,00,000
  • Average: INR 4,00,000
  • Google
  • HDFC Bank
  • Deloitte
  • Accenture

9

INSTITUTE OF ENGINEERING & MANAGEMENT (IEM), KOLKATA

  • Highest: INR 72,00,000
  • Average: INR 15,00,000
  • Bandhan Bank
  • Pantaloons
  • Federal Bank
  • Genpact

10

 Future Institute of Engineering and Management (FIEM), Kolkata

  • Highest: INR 12,00,000
  • Average: INR 3,00,000
  • TCS
  • Infosys
  • Wipro
  • cognizant

ROI For Best MBA COLLEGES IN WEST BENGAL

ROI plays an important role for all graduate students who choose the top MBA colleges in West Bengal carefully and get a high placement package. ROI shows how profitable it is to continue with a particular course due to their high fees. Here is the list of best MBA colleges in West Bengal along with their ROI. Here is the best MBA college in West Bengal along with their annual semester fee and placement package offered.

S.No

University

Fees

Average Package

1

Indian Institute of Management Calcutta (IIM Calcutta)

INR 27,00,000

INR 35,07,000 Per Annum

2

Vinod Gupta School of Management, IIT Kharagpur

INR 12,85,000

INR 22,13,000 Per Annum

3

Calcutta Business School (CBS)

INR 7,05,000

INR 7,45,000 Per Annum to INR 7,96,000 Per Annum

4

International Management Institute (IMI), Kolkata

INR 9,08,000

INR 10,45,000 Per Annum

5

Army Institute of Management, Kolkata

INR 7,64,000

INR 5,00,000 Per Annum

FAQ (Frequently Asked Questions).


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