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.
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.
NIRF ranking has ranked IIM Calcutta as the best MBA college in Kolkata. The institute ranks 3rd among the top MBA colleges in India.
IMI has been ranked 59th in the NIRF Ranking. It has dropped to 7 places compared to its previous rankings.
The following table shows the NIRF rankings of the top MBA colleges in Kolkata.
The following table shows the NIRF rankings of the top MBA colleges in Kolkata.
NIRF Ranking 2022 | College Name | NIRF Score |
---|---|---|
3 | Indian Institute of Management, Calcutta | 78.64 |
59 | IMI Kolkata - International Management Institute | 49.01 |
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.
IMI Kolkata is one of the top MBA colleges in Kolkata, best known for its MBA Flagship program. It has a seat intake of 180 for MBA/ PGDM courses.
The Times Ranking 2022 | College Name |
---|---|
29 | Institute of Engineering And Management, Kolkata |
30 | Praxis Business School, Kolkata |
50 | The University of Engineering And Management, Kolkata |
67 | NSHM School of Business, Kolkata |
75 | JIS University, Kolkata |
86 | Swami Vivekananda Institute of Management And Computer Science, Kolkata |
114 | Bengal Institute of Business Studies (BIBS) Kolkata |
132 | International Management Institute (IMI) Kolkata |
142 | IQ City United World School of Business, Kolkata |
Outlook or Outlook ICARE Ranking is one of the most trusted private Ranking agencies in India. Each year it publishes a list for ranking of top institutions of different domains. Outlook ranks an Institute based on different parameters such as placement records, Education quality, etc. The graph depicted below is showing the weightage of these parameters used for the ranking of top MBA colleges in Kolkata:
Outlook Ranking identifies IIM Kolkata as the top MBA college in Kolkata, similar to NIRF ranking, and the other 3 MBA colleges that are mentioned below:
College Name | Outlook Ranking 2021 | Average Annual Fees |
---|---|---|
Indian Institute of Management, Kolkata | 3 | INR 22,60,000 |
International Management Institute, Kolkata | 18 | INR 3,50,000 |
International Management Institute (IMI) Kolkata | 41 | INR 12,41,000 |
Calcutta Business School, Kolkata | 127 | INR 3,50,000 |
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 |
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 Name | Average Annual Fees | Average Placement Package | ROI Rank |
---|---|---|---|
IMI Kolkata | INR 6,90,000 | INR 12,25,000 | 1 |
IIFT Kolkata | INR 9,39,000 | INR 20,48,000 | 2 |
Praxis Business School, Kolkata | INR 4,50,000 | INR 7,02,000 | 3 |
CBS Kolkata | INR 3,50,000 | INR 5,40,000 | 4 |
IISWBM Kolkata | INR 6,00,000 | INR 7,00,000 | 5 |
IES Kolkata | INR 5,00,000 | INR 5,32,000 | 6 |
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 |
The students who prefer to pursue their careers in these colleges can apply through the national-level entrance exams. These include CAT, XAT, MAT, CMAT, and many others. Some top MBA colleges in Kolkata do give direct admission to students without entrance exams, but their number is very less.
CAT is the premier MBA entrance exam in India and is conducted every year in November. More than 2 lakh students appear for the exam to get admission to the prestigious Indian Institutes of Management (IIMs) and other top private B Schools in India.
CAT 2023 registration will begin in the first week of August 2023. Candidates with a bachelor’s degree in any discipline from a recognized university will be able to apply for CAT 2023 till the third week of September 2023.
Some of the top MBA colleges in Kolkata through CAT are mentioned below:
Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata
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. More than 1000 B-schools accept MAT scores for shortlisting candidates to provide admission to their post-graduate management programs. Some of the top MBA Colleges in Kolkata through MAT are mentioned below:
Praxis Business School, Kolkata
XAT is an online national-level management entrance exam conducted by Xavier Labour Relations Institute (XLRI), Jamshedpur for providing admission to MBA/PGDM programs in some of the top management colleges across the country. Apart from XLRI, over 700 B-schools accept XAT scores for providing admission to their post-graduate management programs. Some of the top MBA colleges in Kolkata through XAT are mentioned below:
Globsyn Business School, Kolkata
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MBA Colleges in Kolkata: Placement WiseKolkata hosts many top MBA colleges which have a good reputation regarding their placement records. Some of the top institute names like the Indian Institute of Management, Calcutta (IIM C), Indian Institute of Foreign Trade (IIFT), and International Management Institute (IMI) contribute to this.
Some other colleges like IIFT, IMI, and CBS also provide good placements with comparatively less investment costs.
The following shows the top MBA colleges in Kolkata according to placement.
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 |
---|---|---|---|---|---|
Indian Institute of Management - [IIMC], Kolkata Kolkata, West Bengal | ₹ 27,00,000MBA/PGDM- total feesCompare Fees | ₹ 35,07,000Average Package₹ 1,15,00,000Highest Package91% PlacementCompare Placement | 9.2 / 10 Based on 5 User ReviewsBest in Placements | #1th/272 in India 2023 | |
International Management Institute- [IMI], Kolkata Kolkata, West Bengal | ₹ 4,90,000MBA/PGDM- 1st Year Fees | -- | -- | #63th/272 in India 2023 | |
Eastern Institute for Integrated Learning In Management - [EIILM], Kolkata Kolkata, West Bengal | ₹ 5,95,000MBA/PGDM- total feesCompare Fees | -- | #152th/284 in India 2019 | ||
ICFAI Business School - [IBS], Kolkata Kolkata, West Bengal | ₹ 9,09,000MBA/PGDM- total fees | -- | 7.7 / 10 Based on 1 User Reviews | #169th/284 in India 2019 |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Institute of Engineering and Management - [IEM], Kolkata Kolkata, West Bengal | ₹ 3,20,000MBA/PGDM- 1st Year FeesCompare Fees | ₹ 4,00,000Average Package₹ 72,00,000Highest PackageCompare Placement | 8.4 / 10 Based on 65 User ReviewsBest in Placements | #182th/272 in India 2023 | |
Bhartiya Vidya Bhavan Institute of Management Science - [BIMS], Kolkata Kolkata, West Bengal | ₹ 3,01,000MBA/PGDM- 1st Year Fees | -- | -- | #198th/272 in India 2023 | |
Institute of Management Study - [IMS], Kolkata Kolkata, West Bengal | ₹ 2,65,000MBA/PGDM- 1st Year Fees | ₹ 2,40,000Average Package₹ 4,80,000Highest Package | #268th/272 in India 2023 | ||
Amity University, Kolkata Kolkata, West Bengal | ₹ 4,22,000MBA/PGDM- 1st Year Fees | -- | 8.2 / 10 Based on 5 User Reviews | #53th/100 in India 2024 |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Techno India University, Kolkata Kolkata, West Bengal | ₹ 5,35,000MBA/PGDM- total fees | -- | 9.4 / 10 Based on 43 User Reviews | -- | |
Adamas University, Kolkata Kolkata, West Bengal | ₹ 3,00,000MBA/PGDM- 1st Year Fees | -- | 7.3 / 10 Based on 2 User Reviews | #142th/268 in India 2021 | |
Brainware University, Kolkata Kolkata, West Bengal | ₹ 4,54,800MBA/PGDM- total feesCompare Fees | ₹ 36,00,000Highest PackageCompare Placement | 8.9 / 10 Based on 42 User ReviewsBest in Academics | #47th/130 in India 2023 | |
Sister Nivedita University - [SNU], Kolkata Kolkata, West Bengal | ₹ 5,16,000MBA/PGDM- total fees | -- | 7.9 / 10 Based on 23 User Reviews | #56th/200 in India 2024 |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
St. Xavier's University - [SXUK], Kolkata Kolkata, West Bengal | --MBA/PGDM | -- | 7.5 / 10 Based on 1 User Reviews | #165th/608 in India 2023 | |
Praxis Business School, Kolkata Kolkata, West Bengal | ₹ 8,91,000MBA/PGDM- total fees | ₹ 9,46,000Average Package₹ 17,60,000Highest Package | 9.3 / 10 Based on 1 User ReviewsBest in Academics | #29th/100 in India 2024 | |
The Neotia University - [TNU], Kolkata Kolkata, West Bengal | ₹ 1,46,000MBA/PGDM- 1st Year Fees | -- | -- | -- | |
Indian Institute of Foreign Trade - [IIFT], Kolkata Kolkata, West Bengal | ₹ 8,75,000MBA/PGDM- total feesCompare Fees | ₹ 2,91,000Average Package₹ 85,40,000Highest PackageCompare Placement | 8.2 / 10 Based on 25 User ReviewsBest in Faculty | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Globsyn Business School - [GBS], Kolkata Kolkata, West Bengal | ₹ 8,65,000MBA/PGDM- total feesCompare Fees | ₹ 7,51,000Average Package₹ 23,34,000Highest PackageCompare Placement | 8 / 10 Based on 4 User ReviewsBest in Academics | #150th/200 in India 2023 | |
Army Institute of Management - [AIMK], Kolkata Kolkata, West Bengal | ₹ 3,73,500MBA/PGDM- 1st Year Fees | -- | 8.3 / 10 Based on 1 User Reviews | -- | |
Bengal Institute of Business Studies - [BIBS], Kolkata Kolkata, West Bengal | ₹ 6,08,000MBA/PGDM- total fees | -- | 6.7 / 10 Based on 1 User Reviews | #122th/179 in India 2020 | |
Indian Maritime University - [IMU], Kolkata Kolkata, West Bengal | ₹ 2,00,000MBA/PGDM- 1st Year Fees | -- | 8.8 / 10 Based on 3 User Reviews | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
International School of Hospitality Management - [ISHM], Kolkata Kolkata, West Bengal | --MBA/PGDM | -- | -- | -- | |
International Institute of Management Sciences - [IIMS], Kolkata Kolkata, West Bengal | ₹ 2,32,000MBA/PGDM- 1st Year Fees | ₹ 2,40,000Average Package₹ 4,00,000Highest Package | -- | ||
IQ City United World School of Business - [IQ City UWSB], Kolkata Kolkata, West Bengal | ₹ 6,50,000MBA/PGDM- total fees | -- | -- | #142th/150 in India 2022 | |
Institute of Business Management & Research - [IBMR], Kolkata Kolkata, West Bengal | ₹ 3,75,000MBA/PGDM- total fees | -- | -- | -- |
CD Rating | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
Indian Institute of Materials Management- [IIMM], Kolkata Kolkata, West Bengal | ₹ 40,000MBA/PGDM- 1st Year Fees | -- | -- | ||
JB Institute of Hospitality Management - [JBIHM], Kolkata Kolkata, West Bengal | --MBA/PGDM | -- | -- | -- | |
GLF Business School - [GLFBS], Kolkata Kolkata, West Bengal | --MBA/PGDM | -- | -- | -- | |
Camellia School of Business Management - [CSBM], Kolkata Kolkata, West Bengal | --MBA/PGDM | -- | -- | -- |