Best MBA Colleges in Kolkata: Admission & Program Guide

An MBA is one of the most sought-after postgraduate programs while there are people who opt for it post 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 best 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 Colleges	50
Type of Colleges	Management
Colleges Affiliated to	State Universities Private Universities
Courses Offered	MBA in multiple fields Executive MBAPGDMDoctorate
Average Fees	Rs. 50,000 to Rs. 10 lakhs
Admission Process	Entrance 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

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

• PGP
• PGPEX
• PGDBA
• PGPEX-VLM

IIM Calcutta boasts a cutting-edge campus with facilities like a modern library, advanced computer labs, sports arenas, and well-equipped hostels. Renowned for its academic independence, the institute maintains high standards and ensures top-quality education for its students.

The program fee is approximately ₹22 lakhs. Admissions are granted based on CAT scores, followed by a rigorous Personal Interview and Written Ability Test.

With an impressive placement record, IIM Calcutta consistently delivers outstanding outcomes. Fresh graduates secure an average annual salary of around ₹28 lakhs, reflecting the institute’s strong industry reputation and commitment to student success.

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.

IMI Kolkata offers courses that provide a thorough understanding of the business world. The institute boasts a spacious 2-acre campus, featuring a library, computer lab, sports facilities, and hostels, ensuring a well-rounded learning experience. As an independent college, IMI Kolkata maintains high academic standards and focuses on student development.

The total fee is around Rs. 15 lakhs. Admissions are based on entrance exams like CAT, XAT, GMAT, CMAT, and MAT.

IMI Kolkata has an excellent placement record, with freshers earning an average salary of ₹8 lakhs per annum, highlighting the institute’s strong industry connections and commitment to student success.

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, affiliated with Maulana Abul Kalam Azad University of Technology. The campus features modern amenities such as a library, computer center, sports facilities, and hostels, aiming to provide a conducive learning environment.

The total fee is around ₹9 lakhs, with admissions based on CAT scores. AIM has average placement data, with students securing an average salary of ₹6 LPA.

As one of Kolkata’s top business schools, AIM offers freshers quality education and excellent career prospects.

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

IISWBM 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

Affiliated with the University of Calcutta, this institute offers an MBA program with a fee of approximately ₹2.5 lakhs. Admissions are based on entrance exam scores from CAT, MAT, CMAT, XAT, and JEMAT.

The average salary for freshers is around ₹6 lakhs per annum, reflecting the institute’s strong industry connections and commitment to student success.

5. Calcutta University

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

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

The campus is equipped with modern facilities, including a library, computer labs, seminar halls, and sports amenities. Affiliated with the University of Calcutta, the institute offers an MBA program with an affordable fee of approximately ₹1.5 lakhs.

Admissions are based on entrance exam scores like CAT, MAT, CMAT, XAT, and JEMAT. Graduates can expect an average placement package of around ₹6 LPA, reflecting the institute’s strong industry connections and focus on student success.

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 offers modern amenities such as a library, computer labs, seminar halls, and sports facilities. Affiliated with AICTE, the institution follows a modern curriculum to impart essential knowledge and skills. entrance exams such as CAT, MAT, XAT, CMAT, or GMAT scores

The average fee is around ₹8.5 lakhs, and admission is based on entrance exams like CAT, MAT, XAT, CMAT, or GMAT. With an average placement package of ₹6.5 LPA, the institute ensures excellent career opportunities for its graduates.

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

The campus features modern amenities, including a library, computer labs, seminar halls, and sports facilities. These create an enriching learning experience.

It is affiliated with the Maulana Abul Kalam Azad University of Technology, ensuring quality education and a focus on practical and theoretical learning.

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

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

• Marketing
• Finance
• Human Resources
• Systems

The campus is equipped with modern facilities, including a well-stocked library, advanced computer labs, seminar halls, and sports amenities, all designed to enhance the student learning experience. Affiliated with the prestigious Maulana Abul Kalam Azad University of Technology, the institute offers a dynamic and enriching environment for academic and personal growth.

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 offers modern facilities, including a library, computer labs, seminar halls, and sports amenities, providing a well-rounded learning experience.

Affiliated with AICTE, the institute requires entrance exams like CAT, XAT, GMAT, CMAT, and GRE for admission. The average fee for the PGDM program at Praxis Business School is around ₹9 lakhs.

The average placement package is between ₹8-10 LPA, with the highest package offered around ₹18 LPA.

10. Institute of Engineering and Management School

Institute of Engineering and Management School is a top-tier management institute in Kolkata. The institute offers an MBA program in fields such as:

• Marketing
• Finance
• HR
• Systems

IEM features state-of-the-art facilities like a library, computer labs, and sports arenas, along with seminar halls for an enhanced learning experience.

Affiliated with the Maulana Abul Kalam Azad University of Technology, the MBA program at IEM has an average fee of ₹4.5 lakhs. Admission requires clearing entrance exams like CAT, MAT, CMAT, GMAT, and JEMAT.

IEM boasts a strong placement record of around 85%, offering ample opportunities 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

Best 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 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 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.

Best Distance MBA Colleges in Kolkata

The best distance MBA colleges in Kolkata are:

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

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. 

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 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!

Exploring Kolkata’s Premier MBA Institutions

Kolkata is home to numerous top-tier MBA colleges offering a variety of programs, including full-time, part-time, executive, and online MBA options.

This article provides a detailed list of the best MBA colleges in Kolkata, ranked based on key factors like reputation, placements, faculty, infrastructure, and student diversity.

It also explains the admission process, including eligibility criteria, entrance exams, and selection procedures. With this information, students can choose a college that aligns with their career goals.

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

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