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Top MBA Colleges in SuratåÊBased on 2023 Ranking

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| Updated On - Dec 31, 2022

The top MBA colleges in Surat in 2021 include Veer Narmad South Gujarat University (VNSGU), CK Pithawalla Institute of Management etc. These colleges charge very less fees for management education and offer a variety of MBA courses.

  • There are 2 government and 7 private MBA colleges in Surat. DBIM Surat is another name for the management department of VNSGU Surat.
  • Admissions in these colleges are done mainly through CMAT, but some individual colleges also accept results of CAT, MAT and other exams.
  • These colleges offer students with 10 different specializations for MBA courses, ranging from Finance to Rural Management.
  • The cutoff lists for these colleges are not available yet, but most of them do release separate lists for all the exams they accept.
  • The average placement package in these colleges ranges from INR 2-4 lakh. This is an appropriate amount in comparison to the average annual fees of INR 30,000-60,000 in these colleges.

Learn More:  External MBA in VNSGU Surat

Top MBA Colleges in Surat: Ranking 2021

Ranking agencies like NIRF, Business Today, The Week and many more release the list of top MBA colleges in India every year. These rankings are based on parameters like Teaching, Learning & Resources, Graduation Outcomes, Facilities and many more.

The colleges that provide MBA and PGDM courses in Surat are very few. Out of them, some of the colleges have been ranked higher on the basis of reviews and perceptions, which have been provided by the students and the information available on the website of the colleges.

The top MBA colleges in Surat which have stood out among the few include:

  • Veer Narmad South Gujarat University (VNSGU Surat)
  • S.R. Luthra Institute of Management
  • CK Pithawalla Institute of Management
  • Auro University

Read CK Pithawalla Institute of Management MBA Admission 2020

Top MBA Colleges in Surat with best ROI (Return on Investment)

Before taking admission into any institute, it is very much important to get a clear idea about the return on investment of that institute. As MBA is an expensive course and costs more than most of the other courses, one must be assured that they would get the opportunity to be placed in a reputed company with a handsome salary package. Below is a list of top MBA colleges in Surat ROI wise.

College Name Average Annual Fee Average Placement Package ROI Rank*
VNSGU Surat INR 22,000 INR 4,00,000 1
CK Pithawalla Institute of Management INR 62,000 INR 4,00,000 2
SR Luthra Institute of Management INR 76,000 INR 3,46,000 3
Bhagwan Mahavir College of Management INR 76,000 INR 2,50,000 4
Auro University INR 3,50,000 INR 3,50,000 5

*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%

Veer Narmad South Gujarat University, Surat has the best return on investment in the whole Surat. It has an annual average fee of INR 22,000 and the students get an average placement package of INR 4 Lakh per annum. SR Luthra Institute of Management also offers a good ROI and hence holds the third position in terms of ROI.

The average placement packages offered in the placement of some of the above-mentioned colleges have been derived from student reviews.

Top MBA Colleges in Surat: Admission Process

Surat has 8 colleges in the city providing MBA courses. Out of these 8, there are 5 private and 3 public MBA colleges in Surat.

List of piublic/private mba colleges in surat

Source: Official Survey

Admissions in these top MBA colleges in Surat are mainly done through top MBA entrance exams like CAT, CMAT, XAT and ATMA. Some institutes also give admission on the basis of merit score. The table below shows the no. of colleges in Surat accepting scores of different exams.

Exam Name No. of Colleges Accepting Score
CMAT 4
GMAT 1
CAT 1
MAT 1
ATMA 1

Veer Narmad South Gujarat University (VNSGU), Surat

It is a semi-urban college in Surat and was established in 1965. The university has been accredited by NAAC with ‘A’ grade.

  • It provides degree courses such as MBA, MD and many more.
  • Admission to the MBA program of VNSGU Surat is done through CMAT followed by a counselling process.
  • The average annual fee for the MBA course is around INR 21,915.
  • Based on college student reviews, the college has a good placement record with an average package of INR 3-4 lakh.

External MBA in VNSGU Surat 2021

VNSGU Surat also has a provision for external MBA or evening MBA course.

  • The course duration of Evening MBA is 3 years while the regular MBA takes just 2 years.
  • In order to be eligible to pursue this course, students need to have completed graduation in any stream and also need 1 year of experience in any sector.
  • The admissions are done through both entrance exams and merit lists.

SR Luthra Institute of Management

The college is managed by Sarvajanik Education Society which is one of the largest philanthropic societies in India. The institution was established in 1999.

  • The seat intake of SR Luthra Institute of Management is 240 students. The college only provides the MBA course currently.
  • Admission in this college is also done through CMAT.
  • The average annual fee for the MBA course is around INR 76,000.
  • The college has a good placement record with an average package of INR 3,46,000.
  • Companies like HDFC Bank, Bandhan Bank, Berger, Reliance Jio, D Mart and many more have visited the institute campus to conduct their recruitment process.

The institute has registered a 97.97% placement in 2019 for MBA. The following table shows the placement percentages at SR Luthra Institute of Management in the past years.

Year Placement Percentage
2019 97.97%
2017 96.6%
2016 98%
2015 94%
2014 97%

CK Pithawalla Institute of Management

It is a self-financed institute and was established in 1998. Initially, it was affiliated to Veer Narmad South Gujarat University, Surat and is now affiliated to Gujarat Technological University, Ahmedabad.

  • The institute provides an MBA degree course only. Admission to the course is done through the score of the CMAT exam.
  • The average annual fee for the MBA course is around INR 62,000.
  • The college has a good placement record with an average package of INR 4 lakh.

Top MBA Colleges in Surat: Entrance Exam Wise

Students who are willing to take admission in the top MBA colleges in Surat can apply via national level entrance exams or state level entrance exams. The colleges accept both and will have different cut off marks for different sections.

Top MBA Colleges in Surat Through CAT

CAT is a national level entrance exam for admission into MBA programs at some of the most prestigious colleges of the country like IIMs and many other private MBA colleges in India. This exam is conducted by the IIMs which take turns to conduct it one by one.

Only one college of Surat conducts their admission via CAT exam, i.e., Auro University. Check Auro University Admission 2020.

Top MBA Colleges in Surat Through CMAT

Common Management Admission Test (CMAT) is a national level entrance exam for all management courses that are provided by AICTE approved institutes. This exam is conducted by the National Testing Agency.

Some of the top MBA colleges in Surat through CMAT exam are:

  • CK Pithawalla Institute of Management
  • SR Luthra Institute of Management
  • Metas Adventist College
  • Auro University

Learn More,

Top MBA Colleges in Surat: Placement Wise

The placement record of the MBA colleges all over the country is more or less good. Since it is one of the most costly courses in the country, the placement opportunities and the final package matter very much for the students.

The following chart shows the average salary offered in top MBA colleges in Surat.

 Top MBA Colleges in Surat Average Placements

Source: Official Websites

It is important to choose a good specialization for MBA as MBA job opportunities vary from stream to stream. Check these colleges specialization wise by clicking on the filters.

Top MBA Colleges in Surat: FAQs

Ques. How to get admission into top MBA colleges in Surat?

Ans. Students can give the national entrance exam of CAT, CMAT, and MAT along with some other state-level exams.

Ques. Who can give the CAT?

Ans. CAT can be given by any graduate student irrespective of their state of residence.

Ques. Which is the best MBA college in Surat in terms of ROI?

Ans. Veer Narmad South Gujarat University has the best return on investment in the entire city of Surat.

Ques. What is the MBA fees in VNSGU Surat?

Ans. The MBA fees in VNSGU Surat is INR 22,000 per year.

Ques. Which are the best MBA colleges in Gujarat?

Ans. Check the list of top MBA colleges in Gujarat, by clicking here.

Read More

Top MBA Colleges in SuratåÊBased on 2023 Ranking

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