Top 10 MBA Colleges in Bangalore 2019

Master of Business Administration (MBA) is one of the most popular post-graduation options. Especially, for aspirants who are interested in business. In the competitive market of today, getting an MBA from a good College is a gateway to a plethora of career opportunities. It is ideal for fresh graduates as well as candidates with work experience. An MBA degree helps in developing excellent managerial skills demanded by the corporate. Students are also exposed to a vast business network wherein they can learn from experts and peers.

An MBA degree not only makes the student competent but also helps in getting a better salary. With the knowledge gained during the degree, students can even learn to start their own company from scratch. They can obtain all the valuable insights about business aspects. Moreover, an MBA from Top MBA colleges increases your credibility and enables you to pursue various career fields and create a good profile for yourself.

Increasing Demand for MBAs

With each passing year, the demand for MBAs is rising. According to the latest survey, four out of five companies wish to hire an MBA graduate in 2018. Moreover, as per a global study, about 52% of companies plan to increase the salaries of MBA freshers. Over the years, the starting salaries of MBAs have witnessed positive growth.

These facts clearly show the rising demand of MBA graduates. Due to this fact, a lot of students, as well as professionals, are applying for various Management courses from MBA colleges. Getting an MBA degree with such a market condition will prove to be beneficial for aspirants who want to craft a successful career.

MBA options in India Vs Abroad

MBA is one of the most sought-after degrees today, and students often contemplate whether to get it from India or abroad. Getting an MBA gives a boost to the student’s career. But there are certain differences between getting it from India and from abroad. While applying to the universities abroad, students often have to take student loans that last for over 10 to 15 years. Whereas, in India, the debt can be paid within 2 to 4 years itself.

The course fees also differ, and on an average, an MBA from a foreign university can cost up to Rs. 40 to 60 lakhs. In India, however, it ranges from Rs. 20 to 30 lakhs. The job prospects also vary, and Indians looking for jobs abroad, have to compete in the global market. The universities abroad do not provide campus placement assurance like that of India. Most of the top MBA colleges in Bangalore and India provide placement support to students. The campus placement rates in India go up to 90% whereas in foreign countries it is 8%. However, getting a degree from abroad offers better exposure to the global companies and industries.

Types of MBA Courses

In India, there are typically three types of MBAs that are offered, namely, Full-time MBA, Part-time MBA and executive MBA. Full-time MBA has a duration of 2 years and is also the most expensive degree out of the three options. It requires more dedication and time than the other two MBAs.

Part-time MBA has a duration of 1 year, and it is ideal for professionals who are already working and wish to give their career a boost. The classes for this type of MBA are held during the evening or on weekends. The schedules vary from one MBA college to another. Candidates are typically required to have 3 to 5 years of experience.

Executive MBA has a duration of 1 year and is preferred by those who already have extensive work experience and wish to take senior managerial roles. It helps them incorporate what they learn in their degrees in their professional lives.

Why Choose Bangalore as an MBA destination?

• Career opportunities: Bangalore has a lot of IT as well as non-IT sectors that provide numerous career opportunities for the MBA graduates. Getting an MBA from the same city opens up a lot of job prospects for students. Moreover, students can also go for a lot of internships to understand the business acumen.
• Facilities for students: Bangalore is a safe place for students to pursue their MBA. While studying in Bangalore, students can lead a quality lifestyle with the markets being nearby and availability of good transportation. They can find accommodation in the hostels as well as apartments easily.
• Top colleges: Bangalore has a lot of premium B schools like the IIMs with a plethora of business and management courses. It has top MBA colleges that provide degrees suitable for every budget. These colleges arrange frequent industry visits that help students in shaping their career. The vast alumni network helps the students in connecting with others and learning efficiently.

Top 10 MBA Colleges in Bangalore 2019

Indian Institute of Management, Bangalore

The Indian Institute of Management, Bangalore is one of the most prestigious colleges of India. With All India Rank 2, IIM-Bangalore is a renowned college with proximity to the corporate houses which gives an added advantage of practical experience alongside classroom knowledge. It has ten disciplinary areas and five centres of excellence that conduct research on several interesting questions in various industries. The college has accreditation from EFMD Quality Improvement System (EQUIS). It has been consistently ranked as the top business college in Central Asia.

Course Name- Entrance and Eligibility

IIM, Bangalore offers a post-graduate program in Management that has a duration of 2 years. It is a master’s level program that provides an MBA degree to the candidate. It is one of the most renowned programs in global rankings.  The program is divided into six trimesters spread over 2 years. It also includes a summer project. The curriculum is designed by keeping in mind the evolving management dynamic. Eligibility for the same is a bachelor’s degree with at least 50% marks. The process includes appearing for the CAT exam, and upon meeting the cut-off requirements, students are qualified for written test and personal interview. Those who clear the second stage are then eligible for the final round.

Placements at IIM, Bangalore 

IIM, Bangalore graduates get placed in the top companies such as Accenture Strategy, Aditya Birla Group, Amazon, HUL and the like. They usually get offers in the sectors like General Management, Business Development, Finance and Technology consulting. The average salary offered is 21 Lakhs in domestic companies and 52 Lakhs overseas. IIM Bangalore provides complete support to students in terms of placements and holds a record of 100% placements.

Differential Factor

IIM is one of the top MBA colleges in India. It has an India-Japan Study Centre and an Israel Centre that has been established to research the fields of business strategy, government policies and culture by bringing the community and students together. The college also has collaborations with Goldman Sachs for women entrepreneurship and with NITI Ayog for scaling up. Moreover, IIM Bangalore has engagements with international networks also that include 31 business schools around the world. It is famous for its student exchange programs with several partner universities in Europe, Australia, North America and Asia.

Contact Details

• Address: Bannerghatta Road, Bengaluru, Karnataka 560076
• Website http://www.iimb.ac.in

AIMS Institutes

Acharya Institute of Management and Sciences was established in 1994 with a vision to expand the teaching and learning realms. It started with 2 UG programs and now offers several programs to over 2000 students. It has been ranked as on the best business schools consistently. Affiliated to the prestigious Bangalore University, It has national as well as international accreditations like IACBE. The college provides value-added programs along with a global outlook.

Course Name- Entrance and Eligibility

AIMS offer an MBA with a duration of 2 years, i.e. 4 semesters. Its objective is to provide a perfect learning ambience for all the budding management professionals. The course is taught by reputed and well-skilled faculty. Students get a chance to do internships and projects with industries, participate in seminars, and go for overseas study tours. Students with a graduate degree of 10+2+3 pattern and 10+2+4 pattern with 50% aggregate marks are eligible for the program.

Placements at AIMS Institutes

Graduates of AIMS institutes have an excellent placement record. The highest pay package for candidates is up to 22 lakhs, and on an average, students can get a package of 7 lakhs. This MBA college provides complete placement support to the students. Some of the companies where the students are placed are JP Morgan, Deloitte, Ford, Tesco, Kotak Mahindra Finance and Oberoi Group.

Differential Factor

AIMS Institute Bangalore has been accredited by NAAC with grade ‘A’. The entrepreneurship centre at AIMS encourages students to participate in various entrepreneurship activities. It also has a dedicated centre for providing mentorship and personal attention to students. The variety of active student exchange programs helps students in gaining experiences about business and the new culture. It has collaboration with CIEC, UK, for immersion program and many such other programs that the students can benefit from. With All India Ranking of 76 (NIRF), it is indeed a renowned and reputed MBA college in Bangalore.

Contact Details

• Address: 1st Cross Road, 1st Stage, Netaji Nagar, Peenya, Bengaluru, Karnataka 560058
• Phone Number: 080 2839 0433
• Website: https://theaims.ac.in

Department of Management Studies, Indian Institute of Science

The college was established in 1947 and was built with the vision of J.N. Tata to bring management and research to in the country. It has several clubs and organisations wherein the students can enrol them to experience the vibrant campus life. It is one of the top MBA colleges that provide training to students in technology management and business analytics thus helping students in becoming industry ready. The course builds leadership in these critical areas and hones the students to take decisions in the data-driven organisations.

Course Name- Entrance and Eligibility

The college accepts GATE, CAT and GMAT scores. It offers Master of Management degree that lasts for 2 years. The screening is based on the exam scores after which the students have to go for group discussion and personal interview. Candidates with a BE or B.Tech degree are eligible for the program. They must have a valid score card of the exams mentioned above.

Placements at Department of Management Studies, Indian Institute of Science

Dept of Management studies, IIS provides placements in companies like General Electric, KPMG, Wipro and Infosys. The average salary is 16 LPA and the highest package offered thus far is 29 LPA.

Differential Factor

The college is one of the oldest MBA colleges in India and has completed its diamond jubilee. It has a fantastic infrastructure and a campus that has all the facilities. The department offers training programs for private and government organisations. It has a good placement track record. The college has a lot of ongoing events like Friday seminars, Management seminars and department seminars. It has facilities like hostel, Gymkhanas, Health Center, Library, and Banks. This makes the student life easier, and they can focus on their studies while learning in a conducive environment.

Contact Details

• Address: Kodandarampura, Malleshwaram West, Bangalore, Karnataka 560012
• Phone Number: 080 2293 3272
• Website: http://mgmt.iisc.ac.in

Institute of Finance and International Management

IFIM is one of the renowned college of India. It has a deep-rooted association with the industry. The curriculum of the courses at IFIM is continuously updated through top-notch industry experts as well as in-house academicians. It has state-of-the-art classrooms, hostel rooms and infrastructure with all the modern amenities. The college has a consistent placement record, and the students are exposed continuously to industry visits, academic events and corporate mentoring.

Course Name- Entrance and Eligibility

The Post Graduate Diploma in Management (PGDM) offers specialisation in Marketing, Human Resources, Banking and Financial Services and the like. Minimum percentage required for the course is 50%, and the college accepts CAT, XAT and GMAT scores. Students are selected on the basis of their performance in Group Discussion and PI round.

Placements at Institute of Finance and International Management

The maximum salary offered for IFIM graduates so far is 10 LPA, and the average is around 7.2 LPA. Graduates usually get placed in companies like Aditya Birla Group, IDBI Bank, ICICI, DELL and the like.

Differential Factor

IFIM is a premier college located in the IT hub, i.e. Bangalore. It has a strong alumni network as it is a 23 old college.  It has several activities like case studies and industry internship program that helps the students in developing a holistic aptitude and understanding of the industry. The industry connect brings a perfect mix of practical training as well as classroom learning. It has been recognised amongst the “World’s Greatest Brands 2016” by United Research Services, UAE.

Contact Details

• Address: 8 P & 9 P, KIADB Industrial Area, Electronic City Phase I, Bengaluru, Karnataka 560100
• Website: http://ifimbschool.com

Symbiosis Institute of Business Management, Bangalore

SIBM Bangalore was established in 2008 with the aim of imparting excellent knowledge to students and transforms them into top leaders of the corporate. The college offers MBA and PGDM program in several specialisations. Admission is based on an entrance called Symbiosis National Aptitude Test. This college is approved by AICTE and NAAC. All students at SIBM Bangalore are trained as leaders and perfectionists in their respective fields. It is one of the top MBA colleges that focus on decision making as well as analytical skills.

Course Name- Entrance and Eligibility

SIBM offers a full-time MBA that lasts for 2 years. It has a contemporary course content that is at par with the national standards. The course is divided into 4 semesters that also have management conclaves and seminars designed to augment learning. The minimum eligibility requirement for this course is 50% marks in graduation degree. The selection is based on the SNAP score, group exercise, personal interview and writing ability test.

Placements at SIBM, Bangalore

The placements at SIBM are in four different sectors, i.e., operations, human resource management, marketing and finance. The highest salary for students has been reported to be 16 LPA, and the average salary is 9 LPA.

Differential Factor

The college offers continuous corporate engagement through corporate events as well as regular workshops. It has cases and simulations from Harvard Business School along with access to Bloomberg data terminal that helps a student understand the practical aspects of the course. All the specialisations are taught using data analytics. It hosts several extracurricular activities like business quiz, paper presentations, and sports competitions to impart the necessary skills in students.

Contact Details

• Address: 95/1, 95/2, Electronics City Phase 1, Hosur Road, Electronics City Phase 1, Electronic City, Bengaluru, Karnataka 560100
• Phone Number: 080671 39573
• Website: https://www.sibmbengaluru.edu.in

SVKM’s Narsee Monjee Institute of Management Studies

NMIMS is a deemed university that was founded in the year 1981. It is recognised by NAAC and UGC. It provides UG, PG and doctoral programs in various fields like Management, Engineering, Commerce, and Architecture etc. It has been consistently ranked as one of the top MBA colleges in India. NMIMS has more than 12000 students and 513 faculty members.

Course Name- Entrance and Eligibility

The Post Graduate Diploma in Management is specially designed to help students in becoming ethically and socially responsible. The course is designed to be application focused and is based on hands-on learning. The applicants should have a minimum score of 50% from any recognised college. They have to appear for NMAT for GMAC which is conducted by the college. Selected candidates have to go for case discussion and personal interview post which they are screened for the final round.

Placements at SVKM’s Narsee Monjee Institute of Management Studies

The average salary for NMIMS pass outs is 9.8 LPA, and the highest is 16 LPA. Students get placed in companies like CapGemini, Dell, IGATE, Mind Tree and PWC.

Differential Factor

NMIMS Bangalore has been approved by AICTE in 2016. It is one of the only ten colleges in India that are accredited by AMBA. The education provided at NMIMS has global standards along with international credibility. It has international affiliations with University of New Castle, Australia, Charles Darwin University, Australia and many more. Moreover, it has been ranked amongst the top 5 business schools for 2015 by NHRDN. The quality education along with its accreditations makes it an ideal university for pursuing MBA.

Contact Details

• Address: 11, Kaveri Regent Coronet Koramangala 3rd Block, Mahatyagi Laksmidevi Road, 80 Feet Rd, Bengaluru, Karnataka 560034
• Phone Number: 080 4085 5555
• Website: http://nmimsbengaluru.org

Xavier Institute of Management and Entrepreneurship

XIME was founded in 1991 with a vision of embodying the spirit of entrepreneurship. It is an AICTE approved college with distinguished faculty. The college offers a contemporary curriculum that is updated regularly. While pursuing their degree, students can benefit from the fantastic infrastructure and various extracurricular activities.

Course Name- Entrance and Eligibility

XIME offers a PGDM degree which is a full-time residential program. It follows the trimester system and is designed to develop leadership skills, communication and interpersonal skills among the students. Students can get admission by appearing for exams like CAT, CMAT, MAT, XAT, GMAT and ATMA. The applicants should have an aggregate of 50% in their bachelor’s degree from a recognised college.

Placements at Xavier Institutes of Management and Entrepreneurship

The highest package for XIME was reported to be 11.2 LPA, and the average package is 6.7 LPA. Students usually get placed in companies like Cognizant, Ernst and Young, TATA Motors, HSBC Bank, Honeywell, Kotak Mahindra Finance, and TESCO etc.

Differential Factor

The Bangalore campus of XIME has been provisionally accredited by NBA. It has also been awarded international accreditations by the ACBSP, which is a renowned global accreditation agency based out of USA. Moreover, XIME has collaborations with various industries as well as institutions to enhance the teaching quality. For instance, it is in association with AIMS, ISTD, SHRM, BIC and XAMI. During the tenure of the course, students have to compulsorily learn foreign languages like German, Spanish, Chinese or French. The program covers the foundational subjects along with the elective courses. Moreover, topics related to Analytics, Big Data, Artificial Intelligence, and other such latest topics are included in the program.

Contact Details

• Address: Hosur Road, Phase II, Electronic City, Bengaluru, Karnataka 560100
• Website: http://www.xime.org

Institute of Management, Christ University

Christ University was established in 1969 as Christ College. It is known for its innovative and modern curricula, academic discipline as well as holistic education. Being a deemed college, it is approved by MHRD, New Delhi. It has also been accredited with “A” grade by NAAC.

Course Name-Entrance and Eligibility

The Master of Business Administration is a program of 2 years and is divided into six trimesters. The course is designed to imbibe the following skills among the students; analytical skills, general awareness, attitudes and communication skills. Students applying for this course need a valid MAT score or a CAT/ XAT and ATMA score. They should have a minimum of 50% aggregate marks.

Placements at Institutes of Management, Christ University

Students who have done an MBA from Christ University are offered an average salary of up to 6.5 lakhs per annum and the highest salary offered is 14 lakhs per annum thus far. They usually get placed in top MNCs like HP, Cisco, Honeywell, KPMG, IBM and UBS etc.

Differential Factor

Christ University has been consistently ranked among the top MBA colleges in India. The campus has a vibrant culture of students from all over India as well as 60 different countries. The university also promotes literary activities, sports, and music. It provides scholarships to students for financial assistance. Students can get all the opportunities to kick-start their careers. The organisation structure study, book review competitions, current affairs and summer internships help them enhance their knowledge.

Contact Details

• Address: Hosur Main Road, Bhavani Nagar, Suddagunte Palya, Bengaluru, Karnataka 560029
• Phone Number: 080 4012 9600
• Website: https://christuniversity.in

Indus Business Academy

Indus Business Academy was established in the year 2001. The college has accreditations from IACBE, the USA as well as AICTE. IBA has certified it as one of India’s fastest growing colleges. IBA has successfully produced a lot of competent graduates and provides all the modern facilities required by the students.

Course Name- Entrance and Eligibility

The PGDM course offered by IBA requires a minimum of 50% marks in Bachelors Degree from a UGC college. Selection to the course is made on the basis of CAT, MAT, GMAT, GRE, GATE, CMAT and XAT. These exams are followed by personal interview as well as group discussion.

Placements at IBA

The dedicated placement cell at IBA works on the overall development of the candidate. Placement training includes aspects such as interfacing, mentoring as well as career counselling and grooming sessions. This type of training sessions helps students in becoming job ready.  Graduates are often placed in top companies like Deloitte, Zycus, Federal Bank, NTT Data and Standard Chartered.

Differential Factor

IBA Bangalore has a lot of international associations with colleges like Stockholm University, Sweden, European Retail Academy, Germany and Freiburg University, Germany etc. The curriculum of IBA focuses on experiential learning. Students gain practical knowledge via the workshops, industrial visits and live projects. Students are also supported to go for foreign study programs at low cost. The high-tech and well-furnished campuses of IBA provides a smooth learning experience.

Contact Details

• Address: Lakshmipura, Thataguni Post, Bengaluru, Karnataka 560062
• Phone Number: 080 2608 3703
• Website: http://iba.ac.in

St. Joseph’s Institute of Management

St. Joseph’s Institute of Management started in 2007. The JIM focuses on forming responsible leaders. Learning is the core activities of this business school. The college imbibes values in the students that make them industry ready. It offers a diverse set of seminars, workshops and courses. The core values of the organisation are integrity, responsibility, excellence and service.

Course Name- Entrance and Eligibility

The college gprovides a full-time 2 year PGDM flagship program. The applicants should have a valid score of MAT, XAT, CAT, and CMAT. They should have at least 50% aggregate marks during each year of their study.

Placements at St. Joseph’s Institute of Management

Every year over 60 companies visit the college for placements. The highest compensation has been offered thus far is 12 lakhs per annum. Students get the necessary support in terms of placement and training. Top recruiters include Mindtree, ANZ, UFS and E&Y.

Differential Factor

The degree is broken down into three specific portions, i.e. the core program, specialisation and internship. Students can choose the two specialisations among Marketing, Operations, Human Resources and Finance. The MBA college focuses on teaching students such that they can retain the concepts for a longer period. Students can avail scholarships up to 27 lakhs. The dual specialisation program offered at the college is what differentiates it. The graduates of the college  have been placed in top companies for the last 20 years.

Contact Details

• Address: No. 28, 1, Primrose Road, Sampangi Rama Nagar, (Off M.G. Road), Bengaluru, Karnataka 560025
• Website: http://sjim.edu.in

Conclusion

To choose the best MBA college, students can research the options and also consider their budget while finalising their choice. For more information, they can go to the website of the college and talk to the alumni members to gain a better understanding.

Specialisations in MBA

Some of the popular specialisations offered by MBA schools in India are as follows.

• Marketing: Due to the increasing competition, the industry requires excellent marketing skills to differentiate a product and to build a brand for the company. The marketing department of any company plays a vital role in bringing in new business and contributing to the profit and growth of the company. Students choosing this specialisation will be able to get insights about market research and analysis, product management, e-commerce and the like. An MBA in Marketing will help you in exploring various job opportunities in media, internet marketing, and IT sales etc.
• Finance: A lot of MBA aspirants opt for this specialisation due to the lucrative job options in this sector. The course helps students in understanding the dynamics of the finance sector. Students can get into the field of investment banking, portfolio management, hedge funds, and credit risk management etc.
• Human Resource: An MBA in HR helps the students in understanding how to manage employees and retain the workforce within an organisation. Candidates in this field are responsible for recruitment, training and development, motivation, exit management, compensation and the like. They may also have to take charge of things that contribute to the office culture.
• International Business: MBA in International business enables the students to understand how the international business operations work. They might have to acquaint themselves with various aspects such as import-export laws and international marketing.
• Information Technology: The demand for professionals with technical expertise and managerial skills is increasing. This specialisation helps students in effectively managing e-commerce to understand the business environment of today. The topics covered in this specialisation are network security, supply chain management, e-business etc.

Career Options after MBA

An MBA degree is indeed prestigious and is accepted worldwide. There are a lot of career paths that open of for students after the successful completion of a degree from Top MBA college. One can enter the following fields that have a huge demand for talented professionals- Management, Human Resource, Sales, Healthcare, and Marketing. They offer managerial positions for individuals that have the desired skill set and qualification.

Graduates can also pursue further certification courses that will help them gain a more in-depth understanding of their field. They can even start their own business with all the required skills and expertise.  If the students have a business idea in mind, then doing an MBA will actually help them in acquiring the skills needed to get started.

Getting an MBA degree opens up a lot of great career options. One can join the top MNCs and earn handsomely. Based on the specialisation chosen, students have various options available after their MBA.

Conclusion

Thus, getting an MBA degree after college is perhaps the best way of attaining the essential business skills. It helps students and professionals to land good-paying jobs. It offers credibility to students and also helps in career progression. Students can choose from a variety of career possibilities after doing an MBA.

Many MBA graduates also become young entrepreneurs and start their own ventures. They can acquire the necessary skills and knowledge to potentially develop and own their own business. With a sound understanding of planning, business management and financial handling, students can kick-start their careers.

If you have any doubts or queries, you can use the comments section below.

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