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MBA Colleges in Kolkata

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MBA Colleges in Kolkata

Updated on October 30, 2023

 

The legendary Capital of West Bengal – Kolkata, earlier known as Calcutta, is one of India’s top MBA destinations. Famous for its legacy, contribution in Freedom struggle of India, sweets, jute mills and innovative ideas of progress, Kolkata was the first city of India which started offering MBA education of International Standard. MBA colleges in Kolkata offer quality MBA education with high placements. The first institute in India to offer a University MBA degree, Indian Institute of Social Welfare & Business Management (IISWBM) was established in 1953 in Kolkata which was known as Calcutta at that time. MBA in Kolkata got wings when the first Indian Institute of Management was established in the city in 1961.

 

Apart from IISWBM and IIM Calcutta, other top MBA colleges in Kolkata include IIFT, IMI, MDI among others. MBA in Kolkata is a good choice as more options of pursuing MBA are available in Kolkata at low fee with high Return on Investment. With its unique status of State Capital and industrial hub, greater corporate interface is also available.  The very purpose of this article by MBAUniverse.com is to provide latest and correct information about the opportunities of doing MBA in Kolkata, which are the best MBA colleges in Kolkata, MBA fee, MBA admission process in Kolkata, which are the acceptable exams, what are the cut offs, Admission chances in the MBA Colleges in Kolkata without Entrance Exam, MBA programmes and specializations offered, MBA Placements in Kolkata among other important details. So begin your MBA journey with MBAUniverse.com here.  

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Table of Contents

  1. Why to opt for MBA in Kolkata? Check Key USPs
  2. MBA Colleges in Kolkata Highlights
  3. List of Top Ranked MBA Colleges in Kolkata 
  4. Top MBA Colleges in Kolkata with Fee Structure
  5. MBA Colleges in Kolkata Admission Process
  6. MBA Colleges in Kolkata Accepting Top Entrance Exams
  7. MBA Colleges in Kolkata with Placement
  8. MBA Colleges Cut offs in Kolkata
  9. Best PGDM Colleges in Kolkata
  10. Top MBA Colleges in Kolkata without Entrance Exam

1. Why to opt for MBA in Kolkata? Check Key USPs

Pursuing MBA in Kolkata offers great learning experience with excellent placements as compared to other cities. More than 50 MBA colleges offering quality education, make the city a cherished dream of pursuing management education from here. MBA in Kolkata is a good choice as more options of pursuing MBA are available in Kolkata at low fee with high Return on Investment. With its unique status of State Capital and industrial hub, greater corporate interface is also available.

 

As Kolkata is one of the oldest industrial cities and is the head quarter of many top companies of India, the demand for MBA talent is significant. With the emergence of diverse sectors like real estate, retail, health, financial services, banking, consulting, manufacturing and ITES, it is right to predict that pursuing MBA in Kolkata would be a right decision.

 

2. MBA Colleges in Kolkata Highlights
Fifty to hundred top MBA colleges including many top MBA colleges, offer quality management education and make this capital city of West Bengal, a cherished dream of aspirants to pursue management education from the Management Institutes in Kolkata. Key highlights of doing MBA from Kolkata are:

Types of MBA Colleges
IIM, Government or Public, University Affiliated, Private PGDM colleges
Approximate number of MBA colleges in Kolkata City
100
Top 5 MBA Colleges
IIM Calcutta, IISWBM, IIFT, IMI, MDI
MBA Fees in Kolkata
  • IIM Calcutta Fee: Rs.25 Lakhs
  • IIFT, IMI, MDI Colleges Fee: Rs.15 to 23 lakhs
  • Private MBA Colleges: Rs.8 to 14 lakhs
MBA Programs offered in Kolkata
2 year MBA; AICTE approved PGDM; Specialized MBA; 1 year MBA for working professionals; Executive MBA; FPM and PhD program in Management
Specializations offered
General MBA, Analytics, Finance, Marketing, Human Resources, Healthcare & Hospital, Operations, International Business, IT & Systems, Business Analytics, Entrepreneurship, Family Business, Retail, Rural Management, Supply Chain among others
Average Placements
Average Placements in the Kolkata MBA colleges are in the range of Rs.5 to Rs.30+ lakhs per annum 
Top Domains & Sectors for Career Growth
IT/ITES, Marketing, Finance, HR, Analytics, Operations

3. List of Top Ranked MBA Colleges in Kolkata 
MBA colleges in Kolkata offer more MBA options with quality education, good return on Investment. The list of best MBA colleges in Kolkata shared below consists of the IIMs, Govt or public colleges, private colleges which offer a wide range of MBA courses with effective learning and industry interface over the years. Below are the top MBA Colleges in Kolkata with NIRF & MBAUniverse rankings, ratings, and grades. It includes the list of top PGDM colleges in Kolkata 

Top MBA Colleges in Bangalore Rank-Wise
 
All India MBAUniverse.com  Ranking 2023
NIRF Ranking 2023
Indian Institute of Management (IIM) Calcutta
#2
# 4
Indian Institute of Foreign Trade (IIFT) Kolkata
#12
#27
International Management Institute (IMI) Kolkata
#41
#70
Management Development Institute (MDI) Murshidabad
#37
--
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata
--
--
Globsyn Business School (GBS) Kolkata
--
--
Calcutta Business School (CBS) Kolkata
--
--
Xavier Business School (XBS) Kolkata
--
--
Institute of Engineering & Management (IEM), Kolkata
--
--
Praxis Business School, Kolkata
--
--

4. Top MBA Colleges in Kolkata with Fee Structure
Top MBA colleges in Kolkata fees has wide range of options to pursue MBA from Kolkata. If we check the Top MBA Colleges in Kolkata Fee Structure, the MBA in Kolkata fee depends upon the type of the MBA College. There are best MBA colleges in Kolkata with low fees which include MBA colleges in Kolkata under 5 lakhs fee. Major differentiating point in MBA fees in Kolkata colleges is that Colleges offering Government University MBA, offer MBA in Kolkata with low fees and other top MBA colleges in Kolkata fees like that of IIM Kolkata, IIFT, IMI is higher. The MBA fees charged by Globsyn, Praxis, CBS, among others is moderate. A list of MBA colleges in Kolkata with fee is shared below.

MBA College
Type of MBA College
MBA College Fee (Rs.in Lakhs)
Indian Institute of Management (IIM) Calcutta
Central Govt. Created oldest IIM
25.00
Indian Institute of Foreign Trade (IIFT) Kolkata
IIFT University MBA college
21.77
International Management Institute (IMI) Kolkata
AICTE Approved PGDM College 
13.21
Management Development Institute (MDI) Murshidabad
AICTE Approved PGDM College  
14.50
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata
Autonomous- Affiliated to Calcutta University
  6.00
Globsyn Business School (GBS) Kolkata
AICTE Approved PGDM College
  7.60
Calcutta Business School (CBS) Kolkata
AICTE Approved PGDM College
  6.85
Xavier Business School (XBS) Kolkata
St.Xavier University MBA college
10.40
Institute of Engineering & Management (IEM), Kolkata
Affiliated to Maulana Abul Kalam Azad University of Technology (MAKAUT)
  6.40
Praxis Business School, Kolkata
AICTE Approved PGDM College
 9.27

4.1 MBA Colleges in Kolkata with Low Fees

The top MBA colleges in Kolkata with low fees are many. The MBA in Kolkata with low fee is around Rs.6 to 10 lakhs if you take admission to these Kolkata MBA colleges. However, some of the best MBA Colleges in Kolkata with low fees include the top PGDM Colleges in Kolkata that offer AICTE approved PGDM, equivalent to MBA with slightly higher fee structure and updated course content which is not dependent on the university curriculum. So, take the right decision before finalizing your MBA admission.

MBA Colleges in Kolkata with low fees
MBA in Bangalore with Low Fees (Rs.in Lakhs)
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata
Rs. 6 lakhs
Globsyn Business School (GBS) Kolkata
Rs. 7.60 lakhs
Calcutta Business School (CBS) Kolkata
Rs. 6.85 lakhs
Xavier Business School (XBS) Kolkata
Rs.10.85 lakhs
Institute of Engineering & Management (IEM), Kolkata
Rs.  6.40 lakhs
Praxis Business School, Kolkata
Rs.  9.27 lakhs

5. MBA Colleges in Kolkata Admission Process
Admission process in Kolkata MBA colleges has following components:

  • Academic Eligibility criteria for MBA Admission in Kolkata is minimum 3 years bachelor’s degree with minimum 50% marks in any discipline
  • The applicant has to appear in one of the acceptable MBA entrance exams and also has to apply for MBA admission in the preferred institute
  • You will be shortlisted based on your MBA entrance exam score, academics and work experience
  • Appear in GD-PI Round after shortlisting process.
  • On receipt of final MBA admission offer, you must pay the acceptance/admission fees by the stipulated date

6. MBA Colleges in Kolkata Accepting Top Entrance Exams

 

MBA colleges in Kolkata Accepting CAT Score
MBA colleges in Kolkata accepting CAT score for admission to their flagship MBA/PGDM program are some of the best MBA colleges in India. Although the MBA colleges in Kolkata accepting CAT score include all the management institutes, IIM Calcutta, IMI Kolkata, MDI Murshidabad, IISWBM Kolkata are some of the best MBA colleges who accept CAT score  Read More  

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MBA Colleges in Kolkata Accepting MAT Score
There are more than 30 MBA colleges in Kolkata accepting MAT score in their shortlisting process for admission. MBA colleges in Kolkata accepting MAT score include GBS, CBS, IEM, Praxis among others. Read More

 

MBA Colleges in Kolkata Accepting CMAT Score
Top MBA colleges in Kolkata accepting CMAT score include GBS, CBS, IEM among others. More than 30 MBA colleges in Kolkata shortlist and offer admission to their flagship MBA/PGDM programs on the basis of CMAT exam score. Read More 

 

MBA Colleges in Kolkata Accepting XAT Score
Top MBA colleges in Kolkata accepting XAT score include IMI Kolkata, XBS Kolkata, CBS Kolkata, GBS Kolkata among others. Although the MBA colleges in Kolkata accepting XAT score are more than 30, these are the highly ranked MBA colleges in Kolkata accepting XAT for admission. Read More

 

7. MBA Colleges in Kolkata with Placement
All the top MBA colleges have high placement record. The placements seasons in these MBA colleges offer high average salary in the range of Rs.5 to 30 LPA in final placements. Kolkata is home to many industrial units operated by large Indian corporations with products ranging from electronics to jute. MBA placement in IT Sector has also increased tremendously in Kolkata. The biggest MBA recruiters in consulting sector  Deloitte, Ernst & Young, Frost & Sullivan, Hewitt Associates, SAP, TCS, Wipro, are housed in Kolkata. MBA Placements in Kolkata have been high and the MBA colleges in Kolkata offer career oriented MBA education. MBA Placement 2019 data of MBA colleges in Kolkata reveal that the demand for good MBA/PGDM graduates has increased and average salary is higher compared to past years. With Placement record of 100% , the average salary in the placement season in all the Kolkata MBA colleges is rising year after year.

MBA College
Average Salary in Placement
(Rs. in Lakhs Per Annum)
Indian Institute of Management (IIM) Calcutta
Rs.35.07 LPA
Indian Institute of Foreign Trade (IIFT) Kolkata
Rs.29.10 LPA
International Management Institute (IMI) Kolkata
Rs.10.65 LPA
Management Development Institute (MDI) Murshidabad
Rs.12.67 LPA
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata
Rs.  6.00 LPA
Globsyn Business School (GBS) Kolkata
Rs. 5.50 LPA
Calcutta Business School (CBS) Kolkata
Rs. 4.30 LPA
Xavier Business School (XBS) Kolkata
 --
Institute of Engineering & Management (IEM), Kolkata
Rs. 5.00 LPA
Praxis Business School, Kolkata
Rs. 7.03 LPA

7.1 Kolkata: City with High Employment Opportunities
MBA colleges in Kolkata like IIM, IIFT, MDI, IISWBM have produced leading business minds in the nation. Kolkata the capital of West Bengal offers good opportunity to get more industry exposure leading to good career prospects. As Kolkata is one of the oldest industrial cities and is the head quarter of many top companies of India, the demand for MBA talent is significant. With the emergence of diverse sectors like real estate, retail, health, financial services, banking, consulting, manufacturing and ITES, it is right to predict that pursuing MBA in Kolkata would be a right decision.

 

Some notable companies headquartered in Kolkata include ITC Limited, India Government Mint, Haldia Petrochemicals, Exide Industries, Hindustan Motors, Britannia Industries, Bata India, Birla Corporation, CESC Limited, RPG Group, Bengal Ambuja, Philips India, Eveready Battery, Coal India Limited, Damodar Valley Corporation, PwC India, Peerless Group, United Bank of India, UCO Bank and Allahabad Bank. Information technology has become a major growing sector in Kolkata since late 1990s, with the IT sector growing at 70 per cent yearly — twice that of the national average.

 

8. MBA Colleges in Kolkata 2024 with Cut off
MBA colleges in Kolkata with cut offs have a range of 60 percentile to 98 percentile in various entrance exams like CAT, IIFT, XAT, GMAT, CMAT, MAT, ATMA for shortlisting. The top MBA colleges in Kolkata with cut off  in the range of 85+ CAT percentile are IIM Calcutta, MDI Murshidabad, IMI Kolkata. These are the only B-schools among all the MBA colleges having a high cut off. Other top Kolkata MBA colleges like IISWBM, GBS, CBS, XBS have cut offs in the range of 65-75 percentile. IIFT Kolkata has also started accepting CAT score and has cancelled its own entrance exam

MBA College
CAT Cut off Percentile
Indian Institute of Management (IIM) Calcutta
97-99
Indian Institute of Foreign Trade (IIFT) Kolkata
95-97
International Management Institute (IMI) Kolkata
84-86
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
65-70
Institute of Engineering & Management (IEM), Kolkata
65-70
Praxis Business School, Kolkata
65-70

9. Best PGDM Colleges in Kolkata
Kolkata houses some of the best PGDM colleges in India. AICTE approved top PGDM colleges in Kolkata are at par with top B-schools. The 2 years full time PGDM program offered by these institutes has highly flexible curriculum which is modified and updated as per the industry requirement. These PGDM colleges offer quality education with high placement packages.

 

Some of the top PGDM colleges in Kolkata include International Management Institute (IMI) Kolkata, Management Development Institute (MDI) Murshidabad, Globsyn Business School (GBS) Kolkata, Praxis Business School, Kolkata among others.

 

The diversified specializations offered by these PGDM colleges include Marketing, Consulting, International Business, Retail Management, Finance, HR, Public Policy, and other related areas. All this offers a wide range of options in choosing the befitting PGDM college.

 

10.Top MBA Colleges in Kolkata without Entrance Exam
MBA in Kolkata is broadly offered by three types of MBA colleges, namely – 1) IIMs – IIM Calcutta; 2) AICTE Approved PGDM Colleges like IMI, MDI, Globsyn, Calcutta Business School 3) University MBA colleges like IIFT, IISWBM, XBS, IEM. All these management institutes make Kolkata a preferred MBA destination.

 

While IIMC, IIFT, MDI and IMI accept specific entrance exam score like CAT and XAT, other PGDM colleges consider and give high weightage to your profile also and can offer admission at low cut offs or on merit or may conduct their own admission test.  

 

All the top B-schools in Kolkata offer better and updated course content delivered through highly qualified and experienced faculty. So take the right decision before finalizing your MBA admission in Kolkata.

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MBA CollegesRank & Grade assigned by MBAUniverse.com