Best MBA Colleges in Kolkata: Admission & Program Guide

March 25, 2025
Top MBA Colleges in Kolkata

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Top MBA Colleges in Kolkata

Best MBA Colleges in Kolkata: Admission & Program Guide

Published on March 25, 2025
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9 Min read time

Quick Summary

  • MBA programs in Kolkata offer diverse specialisations, from Marketing to Finance, attracting students from various backgrounds.
  • Top institutions like IIM Calcutta and IMI Kolkata provide quality education and strong placement records, with average fees ranging from INR 50,000 to 10 lakhs.
  • Admission typically involves clearing entrance exams like CAT, XAT, or CMAT, followed by interviews or group discussions.
  • Additionally, Kolkata hosts reputable public and private MBA colleges, catering to different preferences and career aspirations.

Authored by, Amay Mathur | Senior Editor

Amay Mathur is a business news reporter at Chegg.com. He previously worked for PCMag, Business Insider, The Messenger, and ZDNET as a reporter and copyeditor. His areas of coverage encompass tech, business, strategy, finance, and even space. He is a Columbia University graduate.

An MBA is one of the most sought-after postgraduate programs, and some people opt for it after high school. They offer a gateway to lucrative career opportunities and essential skill development. As per recent statistics, India is home to some of the top MBA institutions globally, with over 5,000 colleges producing more than 3.5 lakh MBA graduates annually. The program equips students with critical leadership, communication, problem-solving, and decision-making skills, preparing them to thrive in the competitive corporate world. We will be looking at some of the Top MBA colleges in Kolkata.

What sets an MBA in India apart is its affordability without compromising quality. Compared to international options, Indian MBA programs provide world-class education and training at a fraction of the cost, making it an attractive choice for aspirants. They even have a lot of good online options as well. Premier institutions like the Indian Institutes of Management (IIMs) consistently rank among the best globally, offering comprehensive programs tailored to industry needs.

The journey to an MBA in India typically begins with clearing competitive entrance exams like CAT, XAT, SNAP, or CMAT. These exams test candidates’ aptitude and open doors to prestigious institutions. Whether aiming to lead in multinational corporations, launch entrepreneurial ventures, or explore niche domains, an MBA can be a transformative step in building a dynamic and successful career.

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 MBA PGDM Doctorate
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
  2. International Management Institute (IMI), Kolkata
  3. Army Institute of Management (AIM), Kolkata
  4. Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata
  5. Calcutta University
  6. Calcutta Business School, Kolkata
  7. Heritage Business School, Kolkata
  8. Eastern Institute for Integrated Learning in Management (EIILM), Kolkata
  9. Praxis Business School, Kolkata
  10. Institute of Engineering and Management (IEM), Kolkata

1. Indian Institute of Management (IIM), Calcutta

  • Location: Joka, Kolkata, West Bengal​
  • Type: Public Business School
  • Affiliation: Institute of National Importance​
  • Establishment: 1961
  • Autonomy Status: Autonomous​
  • Website: www.iimcal.ac.in
  • Specializations: Renowned for finance, management, and business analytics. IIM Calcutta is the first IIM established in India and holds triple accreditation (AACSB, AMBA, and EQUIS)

2. International Management Institute (IMI), Kolkata

  • Location: Alipore, Kolkata, West Bengal​
  • Type: Private Business School​
  • Affiliation: AICTE​
  • Establishment: 2010​
  • Autonomy Status: Autonomous​
  • Website: www.imik.edu.in
  • Specializations: Focuses on shaping global leaders with programs in management and doctoral studies.
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3. Army Institute of Management (AIM), Kolkata

  • Location: New Town, Kolkata, West Bengal
  • Type: Graduate Business School​
  • Affiliation: Maulana Abul Kalam Azad University of Technology (MAKAUT)​
  • Establishment: 1997​
  • Autonomy Status: Autonomous​
  • Website: www.aim.ac.in
  • Specializations: The school offers MBA programs with a focus on leadership and innovation.

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

  • Location: College Square, Kolkata, West Bengal​
  • Type: Public Business School​
  • Affiliation: University of Calcutta​
  • Establishment: 1953​
  • Autonomy Status: Autonomous​
  • Website: www.iiswbm.eduen
  • Specializations: One of the oldest management institutes in India, offering programs in management, social welfare, and public systems.

5. Calcutta University

  • Location: Kolkata, West Bengal​
  • Type: Public University​
  • Affiliation: UGC​
  • Establishment: 1857​
  • Autonomy Status: Autonomous​
  • Website: www.caluniv.ac.in
  • Specializations: It offers a wide range of undergraduate and postgraduate programs, including MBA and MHROM.

6. Calcutta Business School, Kolkata

  • Location: Bishnupur, Kolkata, West Bengal​
  • Type: Private Business School​
  • Affiliation: AICTE​
  • Establishment: 2008​
  • Autonomy Status: Autonomous​
  • Website: www.calcuttabusinessschool.org
  • Specializations: It offers PGDM programs with a focus on various management disciplines.

7. Heritage Business School, Kolkata

  • Location: Anandapur, Kolkata, West Bengal​
  • Type: Private Business School​
  • Affiliation: MAKAUT​
  • Establishment: 2003​
  • Autonomy Status: Autonomous​
  • Website: www.hbs.edu.in
  • Specializations: Provides MBA programs with specializations in finance, marketing, and HR.

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

  • Location: Kolkata, West Bengal​
  • Type: Private Business School​
  • Affiliation: Vidyasagar University, Raiganj University, MAKAUT​
  • Establishment: 1995​
  • Autonomy Status: Autonomous​
  • Website: www.eiilm.co.in
  • Specializations: Offers MBA, BBA, and other management programs with industry collaborations.

9. Praxis Business School, Kolkata

  • Location: Joka, Kolkata, West Bengal​
  • Type: Private Business School​
  • Affiliation: AICTE​
  • Establishment: 2007​
  • Autonomy Status: Autonomous​
  • Website: www.praxis.ac.in
  • Specializations: Known for its programs in business analytics and management.

10. Institute of Engineering and Management School

  • Location: Salt Lake Electronics Complex, Kolkata, West Bengal​
  • Type: Private Engineering and Management College​
  • Affiliation: Maulana Abul Kalam Azad University of Technology (MAKAUT)​
  • Establishment: 1989​
  • Autonomy Status: Autonomous​
  • Website: iem.edu.in
  • Specializations: IEM Kolkata offers undergraduate and postgraduate programs in engineering, management, and computer applications. The institute is accredited with an ‘A’ grade by NAAC and has received NBA accreditation for its eligible departments.​

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 Study International 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
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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

In addition to MBA programs, many of these colleges also offer PG Diploma and Executive MBA programs, often in collaboration with renowned universities.

These top MBA colleges in Kolkata feature course fees ranging from ₹7-15 lakhs for the two-year program. Admission typically requires clearing entrance exams such as CAT, MAT, XAT, and CMAT.

The campuses are equipped with state-of-the-art facilities, including modern classrooms, well-stocked libraries, and advanced computer labs. Student housing is also available, along with a variety of clubs and sports teams to enhance student life.

With an impressive placement record ranging from 80-90%, graduates secure roles in leading firms across diverse sectors. Notable employers include top companies like Deloitte, KPMG, and TCS, offering excellent career opportunities.

Top Government MBA Colleges in Kolkata

Some of the best MBA colleges in Kolkata include the following top government institutions:

  • 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 offer students access to a range of modern facilities, including well-designed classrooms, comprehensive libraries, advanced computer labs, and comfortable student housing. Students also have the opportunity to participate in various clubs and sports teams, enriching their overall college experience.

Affiliated with reputed universities, these colleges ensure quality education and strong academic support.

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 boast impressive placement records, with 80-90% of students securing placements in top firms such as ONGC, SAIL, and Coal India, offering excellent career prospects across various sectors.

Top Distance MBA Colleges in Kolkata

The best distance MBA colleges in Kolkata are:

These colleges allow students to complete their MBA degree online or through correspondence, offering flexibility. They provide various MBA programs, including finance, marketing, human resources, and operations management, along with executive MBA courses.

Distance learning MBA students do not need to visit the campus, though they may miss some on-campus facilities. However, online resources and support services ensure they receive quality education and assistance throughout the program.
Most of these colleges are affiliated with reputed universities. The average fee for the two-year program ranges from ₹50,000 to ₹1 lakh.

Admissions require entrance exams such as CAT, MAT, XAT, and CMAT. Placement records are generally not maintained for distance MBA programs, as many students continue working or seek jobs after completing the course. 

Top MBA Colleges in Kolkata: Admission Process

The eligibility criteria for MBA courses may vary from one college to another. However, the basic eligibility criteria for the best MBA college in Kolkata include the following:

  • Candidates who are appearing in the final year of their graduation can also apply to MBA courses, but they have to submit proof of their completing the graduation degree within the time limit specified by the institute.
  • Candidates are required to have passed graduation in any discipline or equivalent from a recognized university as the basic eligibility criteria for MBA (full-time).
  • Most of the institutes follow the minimum score criteria of 50 percent on average or equivalent; reserved category students shall be required to secure a minimum of 45 percent in aggregate.

Top MBA Colleges in Kolkata: Entrance Exams

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 must prepare thoroughly to clear them and secure admission to top MBA colleges in Kolkata. Doing so will significantly boost their career prospects.

Chegg offers online exam preparation aids. This helps students to prepare for these entrance exams. It includes practice tests, study guides, and personalised coaching. Prepare for your entrance exams with Chegg today!

Top MBA Colleges in Kolkata: Courses Offered

  1. Indian Institute of Management (IIM), Calcutta:
    • Master of Business Administration (MBA): A two-year, full-time program covering various management disciplines.
    • MBA for Executives (MBAEx): A one-year, full-time program designed for professionals with substantial work experience.
    • Post Graduate Program for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM): A one-year program aimed at leadership in manufacturing jointly offered with IIT Kanpur and IIT Madras.
  2. International Management Institute (IMI), Kolkata:
    • Post Graduate Diploma in Management (PGDM): A two-year full-time program equivalent to an MBA covering core management subjects.
    • Fellow Programme in Management (FPM): A doctoral-level program producing scholars and researchers in various management fields.
  3. Army Institute of Management (AIM), Kolkata:
    • Master of Business Administration (MBA): Two-year full-time program emphasizing the development of managerial skills in various business functions.
  4. Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata:
    • MBA (Day): A two-year, full-time program giving a broad spectrum of management education.
    • MBA (Evening): A program designed for working professionals with evening classes for flexibility.
    • MBA in Human Resource Management (MBA-HRM): Specialized program emphasizing HR practices and strategies.
    • MBA in Public Systems: Management and Policies concerning the public sector.
  5. University of Calcutta:
    • Master of Business Administration (MBA): Taught in the Department of Business Management, this is a two-year program providing a thorough curriculum in business administration.
    • Master of Human Resource and Organisational Management (MHROM): A specialized program focusing on HR and organizational management.
  6. Calcutta Business School, Kolkata:
    • Post Graduate Diploma in Management (PGDM): A two-year, full-time program covering different dimensions of management education.
  7. Heritage Business School, Kolkata:
    • Master of Business Administration (MBA): It is a two-year, full-time study program that intends to build managerial capabilities for managing all aspects of business.
  8. Eastern Institute for Integrated Learning in Management (EIILM), Kolkata:
    • Master of Business Administration (MBA): A two-year, full-time program concentrating on various streams of management disciplines.
  9. Praxis Business School, Kolkata:
    • Post Graduate Diploma in Management (PGDM): This is a two-year, full-time program covering core subjects of management.
    • Post Graduate Program in Business Analytics: A one-year, full-time program dedicated to business analytics.
  10. Institute of Engineering and Management (IEM), Kolkata:
    • Master of Business Administration (MBA): This is a two-year, full-time MBA course that offers specialization in finance, marketing, and HR, among other subjects.

Highest Salary Offered by Best MBA Colleges in Kolkata

The Top MBA Colleges in Kolkata with their Total Tuition Fees and Annual Average Packages, helping students assess Return on Investment (ROI):

College NameTotal Tuition Fee (INR)Annual Average Package (LPA)
IIM Calcutta MBA25 lakh31.05 – 33.67 LPA
Indian Institute of Foreign Trade (IIFT) Kolkata20.97 lakh26.5 LPA
Institute of Engineering and Management (IEM) MBA7 lakh13 – 15 LPA
Praxis Tech School Kolkata MBA6.05 lakh13 LPA
International Management Institute (IMI) Kolkata MBA14 lakh12.48 LPA

Key Takeaways:

  • IIM Calcutta offers the highest ROI, with a median package surpassing INR 31 LPA.
  • IIFT Kolkata also provides an excellent return with an average package of INR 26.5 LPA.
  • IEM and Praxis Tech School offer affordable MBA programs (INR 6-7 lakh) with a strong placement record (INR 13-15 LPA).
  • IMI Kolkata, though pricier (INR 14 lakh), ensures competitive placements with INR 12.48 LPA on average.

For students looking for the best return on investment, IIM Calcutta and IIFT Kolkata stand out, while IEM and Praxis Tech School offer a budget-friendly MBA with strong placement opportunities.

Conclusion

To sum up, the premier MBA colleges in Kolkata come with some of the finest educational offerings, including rigorous academic courses supplemented with practical insights from the world of business. These institutions nurture students’ innovative minds and leadership skills so that they can go out and compete in different global markets. On a more practical note, these B-schools emphasize real-world experience, up-to-date research, and a variety of connections to the industry, thus acting as nurturing grounds for future business leaders. In that way, the aspiring student will find growth, creativity, and professional prosperity in an ever-evolving business scenario, all through the most enriching journey.

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

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Frequently Asked Questions (FAQ’s)

Q1. What are the eligibility criteria to get admission to MBA colleges in Kolkata?

Ans. MBA colleges in Kolkata need candidates to have a 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.

Q2. What is the admission process for MBA colleges in Kolkata?

Ans. To get admission to the best MBA colleges in Kolkata, follow the steps below:
1. Get a recognised 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.

Q3. What is the duration of MBA programs in Kolkata?

Ans. 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.

Q4. What are the fees for MBA programs in Kolkata?

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

Q5. What are the specialisations offered by MBA colleges in Kolkata?

Ans. 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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