The top MBA Colleges in Kolkata include IIM Calcutta, IMI Kolkata, IISWBM Kolkata, Praxis Business School, etc. MBA colleges in Kolkata have started with applications for MBA Admission 2023. Read the article to know about govt MBA colleges in Kolkata, the best MBA colleges in Kolkata placement-wise, etc. There are 97 MBA Colleges in Kolkata, of which 79 are Private and 14 are Government colleges.
The top 10 MBA colleges in Kolkata offer more MBA options with quality education at low fees and high Returns on Investment. IIM Kolkata is the best MBA college in Kolkata and it has a seat intake of 63 for MBA/ PGDM courses. Tabulated below are the top 10 MBA colleges in Kolkata with seat intake.
College/ University Name | Seat Intake |
---|---|
IIM Calcutta - Indian Institute of Management | 63+ |
IMI Kolkata - International Management Institute, Kolkata | 180+ |
AIM - Army Institute of Management, Kolkata | 120+ |
Indian Institute of Social Welfare and Business Management, Kolkata | 420+ |
Calcutta University, Kolkata | 540+ |
Calcutta Business School, Kolkata | 120+ |
BBIT - Budge Budge Institute of Technology, Kolkata | 60+ |
Heritage Business School, Kolkata | 120+ |
Eastern Institute for Integrated Learning in Management - EIILM, Kolkata | - |
Praxis Business School, Kolkata | 120+ |
Many ranking agencies rank institutes across the country based on various parameters. The methodology followed differs from agency to agency but some of the common parameters include teacher-student ratio, placements, faculty quality, and many more.
The Economic Times, The Week, QS rankings, and NIRF are some of the privileged ranking agencies. These ranking agencies rank different institutes in different categories. Some of such categories include Top engineering colleges in Telangana, Top Architecture Colleges in India, etc. Listed below are some of the top MBA colleges in Kolkata rank-wise as given by some of the top-ranking agencies in India.
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NIRF is an agency to rank institutes of higher education in India, run by the Ministry of Education, Government of India. The agency ranks different institutes depending on their areas of operation. There are separate rankings for universities and colleges, management colleges, engineering colleges, pharmacy colleges, etc. NIRF rankings are based on several parameters, which have been grouped into five clusters with a certain weightage assigned to each one of them.
Check out the table below which enlists the top MBA colleges in Kolkata according to the latest NIRF Ranking 2023 with their NIRF score:
NIRF Ranking 2023 | College/ University Name | NIRF Score |
---|---|---|
4 | Indian Institute of Management Calcutta | 75.53 |
70 | International Management Institute, Kolkata | 48.43 |
The Times is one of the most popular English daily newspapers and digital media. Together Optimal Media Solutions - The Times and Avance India conducted a survey and released a list of Top MBA colleges in India.
JIS College of Engineering is the top MBA college in Kolkata, per Times rankings for the year 2023. It has a seat intake of 60 for MBA/ PGDM courses. Below is the list of top MBA colleges in Kolkata with their Times ranking.
Times Ranking 2023 | College Name |
---|---|
29 | JIS College of Engineering |
30 | Praxis Business School, Kolkata |
44 | The University of Engineering And Management, Kolkata |
46 | Bharatiya Vidya Bhavan Institute of Management Science |
68 | JIS University, Kolkata |
97 | Bengal Institute of Business Studies (BIBS) Kolkata |
98 | International Management Institute (IMI) Kolkata |
Business Today Ranking 2023 | College/University Name |
---|---|
1 | IIM Calcutta |
63 | International Management Institute |
68 | Indian Institute of Social Welfare and Business Management |
112 | Calcutta Business School |
182 | Institute of Engineering & Management |
186 | Heritage Business School |
198 | Bharatiya Vidya Bhavan Institute of Management Science |
240 | JIS University |
271 | Techno Main Salt Lake |
Kolkata is home to some of the most prestigious and premier top government MBA colleges in India. IIT Kharagpur, NIT Durgapur, and MAKAUT Kolkata are some of the top Govt MBA colleges in Kolkata. Tabulated below is the list of MBA Govt colleges in Kolkata along with their fee structure.
College/ University Name | Average Fees |
---|---|
IIM Calcutta - Indian Institute of Management | INR 23,00,000 |
Calcutta University, Kolkata | INR 16,500 - 1,60,000 |
University of Kalyani, Kolkata | INR 70,000 |
Indian Institute of Foreign Trade - IIFT Kolkata | INR 20,97,000 |
Maulana Abul Kalam Azad University of Technology [MAKAUT], Kolkata | INR 1,70,000 |
IMU - IMU Kolkata Indian Maritime University, Kolkata | INR 4,00,000 |
West Bengal State University, Kolkata | - |
Aliah University, New Town Kolkata | INR 59,400 |
International School of Business & Media - [ISB&M], Kolkata | INR 9,00,000 |
Netaji Subhas Open University - [NSOU], Kolkata | INR 8,000 |
There are more than 75 private MBA colleges in Kolkata. Indian Institute of Social Welfare and Business Management - IISWBM Kolkata is one of the best private MBA colleges in Kolkata and it offers MBA/ PGDM courses with 6 specializations with a seat intake of 420. The average fees for MBA/ PGDM at IISWBM Kolkata range between INR 2.5 - 5.9 Lakhs. Check out some of the best private MBA colleges in Kolkata with fees:
College/ University Name | Average Fees |
---|---|
IMI Kolkata - International Management Institute | INR 10,50,000 |
AIM - Army Institute of Management, Kolkata | INR 5,85,000 |
Indian Institute of Social Welfare and Business Management, Kolkata | INR 2,50,000 - 5,90,000 |
Calcutta Business School, Kolkata | INR 7,45,000 |
BBIT - Budge Budge Institute of Technology, Kolkata | INR 3,06,000 |
Heritage Business School, Kolkata | INR 5,40,000 |
Eastern Institute for Integrated Learning in Management - EIILM Kolkata | INR 5,50,000 |
Praxis Business School, Kolkata | INR 5,36,000 - 6,60,000 |
JIS College of Engineering, Kolkata | INR 4,98,000 |
ICFAI Business School (IBS), Kolkata | INR 9,09,000 |
The best MBA colleges in Kolkata offer MBA courses with better facilities and highly qualified faculties. The highest MBA fees in the top public MBA colleges in Kolkata is INR 23 Lakhs while it can be as low as INR 18,000 in colleges like NSOU Kolkata and the University of Calcutta. The average fees in private MBA colleges are between INR 80,000 to INR 23,00,000 depending upon the college. Tabulated below are the 10 best MBA colleges in Kolkata with fee structures.
Best MBA colleges in Kolkata | Average Annual Fees (INR) |
---|---|
Department of Business Management, University of Calcutta, Kolkata | INR 16,508 (Total Fees) |
Netaji Subhas Open University - [NSOU], Kolkata | INR 18,000 (Total Fees) |
International School of Business & Media - [ISB&M], Kolkata | INR 8,00,000 |
St. Xavier's University - [SXUK], Kolkata | INR 5,20,000 |
Praxis Business School, Kolkata | INR 4,81,000 |
Bengal Institute of Business Studies - [BIBS], Kolkata | INR 5,98,000 (Total Fees) |
IQ City United World School of Business - [IQ City UWSB], Kolkata | INR 6,30,000 (Total Fees) |
Calcutta Business School - [CBS], Kolkata | INR 3,62,500 |
Indian Institute of Management - [IIMC], Kolkata | INR 27,00,000 |
International Management Institute- [IMI], Kolkata | INR 6,50,900 |
The formula for finding out the ROI percentage is ROI Percentage = { (Average Placement Package) / (Average Annual Fees) } * 100%. Check the table below to find out the best ROI MBA colleges in Kolkata as per the latest fee and placement trends.
College/ University Name | Average Annual Fees (INR) | Average Placement Package (INR) | ROI Rank* |
---|---|---|---|
IIM Calcutta | INR 11,50,100 | INR 34.2 LPA | 1 |
Praxis Business School, Kolkata | INR 4,45,500 | INR 12.85 LPA | 2 |
IISWBM Kolkata | INR 3,09,000 | INR 6 LPA | 3 |
IBS Kolkata | INR 4,53,000 | INR 7.11 LPA | 4 |
IMI Kolkata | INR 6,50,900 | INR 9.12 LPA | 5 |
Most of the colleges in Kolkata give admission through CAT and MAT. Some institutes accept other exams and also give direct admissions. Listed below are some top MBA colleges in Kolkata with their cutoff.
College Name | Cut off Percentile |
---|---|
Indian Institute of Management (IIM) Kolkata | 97-99 |
Indian Institute of Foreign Trade (IIFT) Kolkata | 125-130 |
International Management Institute (IMI) Kolkata | 80-85 |
Management Development Institute (MDI) Murshidabad | 85-87 |
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata | 70-75 |
Globsyn Business School (GBS) Kolkata | 70-75 |
Calcutta Business School (CBS) Kolkata | 70-75 |
Xavier Business School (XBS) Kolkata | 65-80 |
Institute of Engineering & Management (IEM), Kolkata | 65-70 |
Praxis Business School, Kolkata | 70 (CAT only) |
Read in detail about the cutoffs of these colleges in the city and what makes them different from other top MBA colleges in Kolkata. IIM Calcutta itself conducts a rigorous process to admit students to the MBA courses.
There are a total of 86 MBA colleges in Kolkata out of which 71 are private MBA colleges and 15 are public. These colleges offer both degree and diploma courses to students, and their courses have also been ranked by many agencies. Have a look at the chart below to understand the ratio of these private and public colleges.
Source: Official Survey
These colleges rely on various top entrance exams for MBA to shortlist students for admission. These exams include CAT, XAT, IIFT, GMAT, MAT, and CMAT among others. The top MBA colleges in Kolkata accepting students with 85+ CAT percentile are IIM Calcutta, IMI Kolkata, and MDI Murshidabad. IIFT Kolkata accepts only IIFT MBA (IB) entrance exam scores for admission.
Among all the mentioned entrance exams, CAT stands out as it not only leads to admission to top MBA colleges but also forms the first step of entering into the prestigious IIMs including IIM Calcutta. Some of the top MBA entrance exams are tabulated below.
Entrance Exam | Description |
---|---|
CAT | An online selection test is conducted every year by IIMs. It is generally held in November. |
MAT | A national-level exam was conducted by the All India Management Association (AIMA). It is conducted 4 times a year. |
XAT | An online national-level management entrance exam was conducted by XLRI Jamshedpur. |
The following graph lists some of the top MBA colleges in Kolkata with their average annual fees.
Source: Official Institute Websites
IIM Calcutta is one of the best colleges to pursue a career in Business Administration. It was established in the year 1961 and offers 26 courses in three streams.
The following table shows the placement data of IIM Calcutta.
Parameter | Data |
---|---|
No. of Recruiters | 150 |
No. of Students | 444 |
No. of Offers | 498 |
Average CTC | INR 27.8 LPA |
Highest CTC | INR 80 LPA |
Top Recruiters | Goldman Sachs, McKinsey & Company, BCG, Gartner, Aditya Birla Group, Google, etc. |
IMI Kolkata is a relatively new college as it was founded in the year 2010. It is one of the topmost colleges in the field of management education.
The following table shows the placement statistics of IMI Kolkata for the year 2022 according to different specializations.
Domain | Average Salary |
---|---|
General Management/Operations | INR 20 LPA |
Marketing | INR 10 LPA |
Finance | INR 9.75 LPA |
Retail Leadership | INR 8.5 LPA |
HR | INR 8 LPA |
Indian Institute of Foreign Trade (IIFT) was set up in 1963 to cater to the requirements of aspiring business professionals.
Top recruiters of IIFT include Pidilite, DELL, TATA, Shell, ITC, Amazon, Bajaj, etc.
The following table shows the placement statistics of IIFT Kolkata for the year 2022.
Particulars | Statistics |
---|---|
Total number of students placed | 321 |
No. of companies | 107 |
Average overall package | INR 20.48 LPA |
No. of International Offers | 10 |
Top MBA colleges in Kolkata offer admission through merit as well as entrance exams. For merit-based admissions, candidates are shortlisted based on grades while for entrance-based admissions, one needs to take any entrance exams such as CAT, JEMAT, MAT, XAT, CMAT, etc. followed by a GD/ PI round. There are several private MBA colleges that conduct their own entrance exams like IIFT, IEMJEE, etc.
Different MBA colleges in Kolkata accept different entrance exams to admit students. Below is the list of the number of colleges accepting different entrance exams.
The Common Admission Test (CAT) is one of the most common MBA entrance exams and is conducted every year by IIMs throughout the country. The CAT 2023 exam is scheduled for November 26, 2023. The CAT application form and edit window are now closed. IIM Lucknow will release CAT admit card 2023 on October 25, 2023 (5 PM onwards). To download the hall ticket, you need to visit the official website, iimcat.ac.in 2023, and log in using your CAT user ID and password. Check how to download CAT 2023 admit card
Some of the top MBA colleges in Kolkata through CAT are mentioned below:
Management Aptitude Test (MAT) is a national-level exam conducted by the All India Management Association (AIMA) for admission to MBA/PGDM courses across the country. It is conducted 4 times a year. MAT 2023 Result for the September Session has been released on October 3, 2023. Candidates can download the MAT Scorecard at the official website – mat.aima.in. The exam was conducted on September 17 in computer-based test mode. Candidates who will score between 681-800 will likely get a percentile between 91 – 100. Check MAT 2023 Score vs Percentile
Some of the top MBA Colleges in Kolkata through MAT are mentioned below:
XAT 2024 registration is open now. Candidates can visit XAT official website, xatonline.in, to complete the registration process. XAT 2024 registration's last date is November 30, 2023. Registration for XLRI programs through GMAT/GRE is also open, the last date is December 31, 2023. The minimum eligibility criteria to apply for XAT 2024 is a bachelor’s degree in any discipline from a recognized institute. The minimum age limit to register for XAT 2024 is 21 years. Check XAT Registration Link, Process and Fees
Some of the top MBA colleges in Kolkata through XAT are mentioned below:
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MBA Colleges in Kolkata: Placement Wise
The top MBA colleges in Kolkata offer high placement packages and lucrative opportunities with high ROI. The average CTC offered to students by the top MBA colleges in Kolkata ranges between INR 6 LPA - INR 12 LPA. IIM Calcutta recorded the highest CTC package which stood at INR 65 LPA.
Check out the infographics below for top MBA colleges in Kolkata with average and highest CTC packages.
The specialization one chooses for MBA matters a lot when it comes to placements. Check the following links to know more about the colleges:
Ques. Which MBA ranking is best in India?
Ans. IIM Ahmedabad is the best MBA college in India. IIM Ahmedabad has been continuously ranked 1st among top MBA colleges in India by various popular Ranking agencies like NIRF Ranking, India Today, The Times, etc.
Ques. Is Cat necessary for MBA?
Ans. No, CAT is not necessary for admission into the top MBA colleges in India. Although most of the best MBA colleges in India offer MBA admissions through CAT scores, some colleges admit students based on MAT, JEMAT, CMAT, XAT, etc. scores.
Ques. Which MBA college in Kolkata has the best placement?
Ans. IIM Ahmedabad is considered to have the best placement among the top MBA colleges in Kolkata. IIM Calcutta offers lucrative placement opportunities in top-notch companies across the globe with an average CTC at INR 25 - 30 LPA.
Ques. Which is the No 1 MBA college in India?
Ans. IIM Calcutta - Indian Institute of Management Kolkata is the number 1 MBA college in India. The college has also been ranked among the top MBA colleges in India at 3rd position by NIRF ranking.
Ques. Which college is better for MBA in Kolkata?
Ans. IIM Kolkata is considered to be the better option among all the top MBA colleges in India for MBA. IIM Kolkata offers high-quality education, facilities, and good placement opportunities.
Ques. Which are the best govt MBA colleges in Kolkata?
Ans. IIM Kolkata, IMI Kolkata, and IIFT Kolkata are some of the best govt MBA colleges in Kolkata.
Ques. What are the best MBA colleges in Kolkata for distance education?
Ans. Netaji Subhas Open University - [NSOU] is considered the best MBA college in Kolkata for distance MBA. Other Best MBA colleges in Kolkata include Praxis Business School Kolkata, BIBS Kolkata, etc.
Ques. Which are the top MBA colleges in Kolkata accepting MAT scores?
Ans. IMI Kolkata, Xavier Business School Kolkata, and Institute of Engineering and Management Kolkata are some of the top MBA colleges in Kolkata accepting MAT scores.
Ques. What are the top 10 MBA colleges in Kolkata?
Ans. Some of the best MBA colleges in Kolkata which are ranked among the top 10 MBA colleges in Kolkata are listed below:
Ques. Which are the best MBA colleges in Kolkata with low fees?
Ans. Department of Business Management, the University of Calcutta, and Netaji Subhas Open University - [NSOU] are the best MBA colleges in Kolkata with fees less than INR 25,000 per year.
Ques. How to get admission into top MBA colleges in Kolkata?
Ans. All the top MBA colleges in Kolkata take admissions through the common entrance tests. They widely accept scores of CAT, XAT, and MAT.
Ques. Can the residents of other states apply to the colleges in Kolkata?
Ans. Yes, residents of any state can apply to the colleges in Kolkata.
Ques. Which MBA college in Kolkata offers the best placement packages?
Ans. Indian Institute of Management Calcutta offers the best placement packages.
Ques. How much does it cost to do an MBA?
Ans. The cost of pursuing an MBA degree can range anywhere between INR 3 lakhs to 25 lakhs.
Ques. What is the cut-off mark for CAT?
Ans. Different colleges release their own set of cutoffs. There is no specific cut-off as such. However, scoring 85+ percentile puts you on a much safer side.
Ques. Which MBA specialization offers the highest salary package?
Ans. MBA Business Analytics and MBA Marketing are two of the most rewarding MBA specializations.
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
University of Calcutta, Kolkata Kolkata, West Bengal |UGC Approved | ₹ 98,000MBA/PGDM- 1st Year FeesCompare Fees | -- | 7.4 / 10 Based on 4870 User ReviewsBest in Academics | -- | |
St. Xavier's College - [SXC], Kolkata Kolkata, West Bengal |UGC Approved | ₹ 52,300MBA/PGDM- total feesCompare Fees | ₹ 9,50,000Average Package₹ 14,00,000Highest PackageCompare Placement | 8.3 / 10 Based on 462 User ReviewsBest in Academics | -- | |
FeaturedInstitute of Business Management & Research - [IBMR], Kolkata Kolkata, West Bengal |AICTE Approved | ₹ 3,75,000MBA/PGDM- total feesCompare Fees | ₹ 4,50,000Average Package₹ 10,00,000Highest PackageCompare Placement | 8.5 / 10 Based on 5 User ReviewsBest in Academics | -- | |
Guru Nanak Institute of Hotel Management - [GNIHM], Kolkata Kolkata, West Bengal |AICTE Approved | ₹ 2,03,000MBA/PGDM- 1st Year FeesCompare Fees | -- | 8.1 / 10 Based on 37 User ReviewsBest in Placements | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Annex College, Kolkata Kolkata, West Bengal |AICTE Approved | ₹ 3,20,000MBA/PGDM- total feesCompare Fees | ₹ 7,00,000Highest PackageCompare Placement | 7.9 / 10 Based on 19 User ReviewsBest in Faculty | -- | |
Eastern Institute for Integrated Learning In Management - [EIILM], Kolkata Kolkata, West Bengal |AICTE Approved | ₹ 5,95,000MBA/PGDM- total feesCompare Fees | -- | 7.6 / 10 Based on 63 User ReviewsBest in Placements | #152th/284 in India 2019 | |
Maulana Abul Kalam Azad University of Technology - [MAKAUT], Kolkata Kolkata, West Bengal |AICTE, UGC Approved | ₹ 1,40,300MBA/PGDM- 1st Year FeesCompare Fees | -- | 7.7 / 10 Based on 8962 User ReviewsBest in Faculty | -- | |
Birla Institute of Liberal Arts and Management Sciences [BILAMS], Kolkata Kolkata, West Bengal |AICTE, UGC Approved | --MBA/PGDM | -- | -- | -- |