Top 10 MBA Colleges in Kerala: NIRF Ranking, Fees, Placements
Kerala is famous for a literacy rate and standard education system. The state offers some of the best options to students who would like to pursue their MBA from here.
With excellent education as supplied by some of the top institutes, Kerala has surfaced out as an upcoming centre for management studies.
Here is the article where we are going to explore the Top 10 MBA Colleges in Kerala, as per NIRF rankings, eligibility, fee structure, placements, and specialisation offered.
S.No. | College | Fees | Salary | NIRF | NAAC |
1. | IIMK | 22 LPA | 30 LPA | 4 | A+++ |
2. | CUSAT | 1.2 LPA | 8 LPA | 100 | A |
3. | RCBS | 6 LPA | 7 LPA | 42 | A++ |
4. | SCMS | 7 LPA | 6 LPA | 100 | A+ |
5. | T.K.M. | 3 LPA | 10 LPA | 150 | B |
6. | ASB | 12 LPA | 5 LPA | 27 | A+ |
7. | DCMSAT | 4 LPA | 5 LPA | 150 | B |
8. | LCM | 3.5 LPA | 4 LPA | 150 | B |
9. | FISAT | 4 LPA | 4 LPA | 150 | B |
10. | MES | 2 LPA | 3.5 LPA | 200 | B+ |
Best Top 10 MBA Colleges in Kerala As Per NIRF Rankings
National Institutional Ranking Framework (NIRF) is one of the authentic ranking frameworks for higher education institutions in India. Here’s the list of top 10 best MBA colleges in Kerala according to NIRF rankings.
- Indian Institute of Management (IIM) Kozhikode
– NIRF Ranking: 4
– Tuition Fee: ₹20-22 Lakhs
– Specialisations: Finance, Marketing, HR, Operations, Business Analytics, Strategy, Entrepreneurship
– Overview: One of the best management institutions in India. Good curriculum and placement opportunities.
- Cochin University of Science and Technology (CUSAT) School of Management Studies
– NIRF Ranking: Top 100
– Fees: ₹60,000 to ₹1.2 Lakhs (varies by category)
– Specialisations: Marketing, Finance, Operations, HR
– Overview: With strong academic intensity and connections with industry, the CUSAT MBA is in very great demand in Kerala.
- Rajagiri Centre for Business Studies, Kochi
– Ranking in NIRF: 42
– Tuition Fee: ₹5-6 Lakhs
– Specialisations: Finance, Marketing, Operations, HR, Business Analytics
– Overview: Rajagiri is a value-based institution with good placement records and is preferred by MBA aspirants.
- SCMS Cochin School of Business
– RANKING NIRF Ranking of Top 100
– FEES ₹6-7 Lakhs
-SPECIALISATIONS Marketing, Finance, HR, Operations, International Business
– Overview: SCMS is known for the academic value it provides along with quality faculty and excellent placements to industry.
- T.K.M Institute of Management, Kollam
– NIRF Ranking: Top 150
– Fees: ₹3-4 Lakhs
– Specialisations: Marketing, Finance, HR, Operations
– Overview: TKM Institute is well-known for its quality education and their consistent record of campus placements, affording diverse options to students.
- Amrita School of Business, Kochi
– NIRF Rank: 27 (Rank of Amrita University overall)
-Fees: ₹10-12 Lakhs
– Specialisations: Marketing, Finance, HR, Operations, Business Analytics
-Overview: It is one of the partner business schools of the high-ranked Amrita Vishwa Vidyapeetham, known for strong curriculum and good placements.
- DC School of Management and Technology (DCSMAT), Vagamon
– NIRF Ranking : Within top 150
– Fees : ₹3-4 Lakhs
– Specialisations : Finance, Marketing, HR, Operations
– Overview : DCSMAT is well-reputed for its beautiful campus and student-centric program that is designed to develop each student in a holistic manner.
- Lead College of Management, Palakkad
– NIRF Ranking : Within top 150
– Fees: ₹2.5-3.5 Lakhs
– Specialisations : Marketing, Finance, HR, Operations, IT
– Overview: Lead College is an emerging institution that gives quality education with affordable fees and a greater aspect of practical learning.
- FISAT Business School, Angamaly
– Rank in NIRF : In the range of 150
– Fees : ₹3-4 Lakhs
– Specialisations : Marketing, Finance, HR, Operations
– Overview : FISAT provides a great learning environment with good infrastructure and constant placement support.
- MES College of Engineering, Kuttippuram
– Rank under NIRF : Top 200
– Course Fee : ₹1-2 Lakhs
– Specialisations: Marketing, Finance, HR, Systems
– Overview : Technical background and the education in management, students getting decent placements within a quality MBA education within their budget from MES.
Is Admission to Top MBA Colleges in Kerala Worth It?
Admission to top MBA colleges in Kerala is indeed a good investment for several reasons:
- Good Education : Kerala has among India’s best MBA programs. Some of them, such as IIM Kozhikode, are well-known worldwide for their academic rigour and leadership training.
- Received Fee Structure : In comparison to other metropolitan cities of Bangalore and Mumbai, the best MBA colleges in Kerala offer the MBA course at relatively lower costs which makes it all the more inviting for students who have such financial constraints.
- Natural and Relaxed Locale : The best thing about Kerala is the peaceful and stressed-free locale that provides excellent settings for education. Many of the best MBA colleges are located in very beautiful locations that provide a very calm and motivating environment for the students.
- Great Placement Opportunities : The MBA colleges of Kerala have excellent industry interface and placement records. One can expect great opportunities for placement from IIM Kozhikode and Rajagiri with the most sought-after multinational companies.
- Emerging Business Hub : Kerala is becoming a hot destination for more and more startups and industries. Therefore, it is very conducive to provide opportunities to MBA graduates in booming sectors that include tourism, IT, and logistics.
MBA Entrance Exams Supported by Top 10 MBA Colleges in Kerala
Major entrance exams supported by the top 10 MBA colleges in Kerala are quite different. Here are the major ones supported:
- CAT (Common Admission Test) : IIM Kozhikode and many other top MBA colleges in Kerala support CAT.
- CMAT (Common Management Admission Test) : Most management institutes in Kerala, including SCMS Cochin and FISAT, support CMAT.
- MAT (Management Aptitude Test) : Rajagiri, TKM Institute, and Lead College take admissions through MAT.
- KMAT Kerala (Kerala Management Aptitude Test) : This is a state-level entrance examination, which many MBA colleges of Kerala take for admission.
- XAT (Xavier Aptitude Test) : Some institutions like Amrita School of Business also take admissions based on scores attained in XAT.
- GMAT (Graduate Management Admission Test) : For international students or MBA aspirants interested in global opportunities, IIM Kozhikode accepts GMAT scores.
Eligibility for Admission at Top 10 MBA Colleges in Kerala
The basic eligibility criteria for admission to the top 10 MBA colleges in Kerala is usually as follows:
- Academic Qualification : A bachelor’s degree in any discipline from a recognized university with a minimum of 50% marks, while under reserved categories, it is 45%.
- Entrance Exam Scores : Candidates have to qualify one or more entrance tests- CAT, CMAT, KMAT, or MAT -depending on the institute where they wish to seek admission.
- Group Discussion and Personal Interview : Once candidates qualify for an entrance exam, the respective institutes generally conduct a Group Discussion (GD) and Personal Interview (PI) on the candidate to analyse their verbal communication, leadership, and problem-solving abilities.
- Work Experience : Work experience is not mandatory for every college, but IIM Kozhikode welcomes applicants who have been carrying out work experience.
- English Proficiency : For foreign nationals, proof of English language proficiency, like TOEFL or IELTS is going to be needed.
Top MBA Colleges in Kerala Placement Records
The placement records of the top 10 MBA colleges in Kerala convey their industry connection and reputation. Here’s an overview:
- IIM Kozhikode : Average placement package is around ₹25-30 Lakhs per annum and major recruiters include the names like McKinsey, Goldman Sachs, and BCG.
- Rajagiri Centre for Business Studies : Average placement package ranges between ₹6-8 Lakhs per annum and major recruiters include names such as Deloitte, EY, and ICICI Bank.
Average salary package offered is about ₹5-7 Lakhs per annum, with companies such as TCS, Infosys, and HDFC Bank visiting the campus for recruitments.
- CUSAT School of Management Studies : Average salary package offered is around ₹4-6 Lakhs per annum, with companies including KPMG, South Indian Bank, Cognizant, etc. visiting the campus for recruitments.
- Amrita School of Business: Average Package: ₹7-10 Lakhs per annum, with recruiters including Amazon, PwC, and Tata Consultancy Services.
- TKM Institute of Management : Average salary package of around ₹4-5 Lakhs per annum from top recruiters like Wipro, HDFC Bank, and Reliance.
- DCSMAT, Vagamon : Average salary package of ₹4-5 Lakhs per annum to offer placements with Asian Paints, Berger, and KPMG.
- Lead College of Management : The average package is around ₹3-4 Lakhs per annum; the same recruiters like Reliance, HDFC Life, and Byju’s provide the entry-level positions to students.
- FISAT Business School: Average salary offered is ₹3-4 Lakhs per annum and leading recruiter companies include TCS, Wipro, ICICI Bank among others.
- MES College of Engineering: The average starting salary paid is around ₹2.5-3.5 Lakhs per year. Infosys, Wipro, and Federal Bank also take part in the placement process.
Popular Specialisations offered in Top 10 MBA Colleges in Kerala
Among the top MBA colleges in Kerala, different popular specialisations are available based on a wide range of interests and career aspirations. These some are:
- Finance: The best of all specialisations wherein institutions like IIM Kozhikode, SCMS Cochin, and Amrita School of Business provide expertise in investment banking, corporate finance, and financial markets.
- Marketing: Specialisations in marketing take interest into the understanding of consumer behaviour, sale, and brand management. Institutions like Rajagiri, SCMS, and TKM have well-structured courses in marketing.
- Human Resource Management (HR): Nearly all the top colleges in Kerala offer this specialisation with a focus on people management, organisational behaviour, and labour laws.
- Operations Management: This has to do with the supply chain, logistics, and process optimization. IIM Kozhikode and CUSAT have excellent courses in this area.
- Business Analytics: Some institutes have specific courses in business analytics on top of a central element- data-to be made into decisions by business analytics, such as IIM Kozhikode and Amrita School of Business.
- Entrepreneurship: Rajagiri and SCMS Cochin are offering the streams of entrepreneurship, innovation, and venture capital management for students who wish to start their own firms.
- International Business: It is available at SCMS Cochin and CUSAT; it enrolls the student for global trade, international relations, and business practices across borders.
- Information Technology Management: Lead College of Management offers IT management as a specialisation for students looking forward to their profession in the tech sector.
- Healthcare Management: This specialisation is offered in many institutions like Amrita School of Business to keep pace with the growth of the healthcare sector, hospital administration and healthcare policies.
Choosing the Best MBA College in Kerala
MBA in Kerala is available in various colleges with various kinds of career goals and ideas of finance and marketing, entrepreneurship, healthcare management, and so on.
These top MBA colleges in Kerala provide the best kind of educational knowledge along with proper placement platforms.
For the right MBA college, one has to decide by throwing in all the NIRF ranking, fees, specialisations, and placement records.
The low fees structure makes Kerala such an attractive destination for MBA aspirants along with the serene environment.
Furthermore, entrance exams like CAT, CMAT, and KMAT offer several entrance pathways to securing a place in these prestigious institutions.
Ranked high in the list of the top 10 MBA colleges of Kerala, the colleges have top-grade academic programs, industry exposure, and specialisations in a vast variety of fields, which makes them a career-launching ground into the business world.
Conclusion
The top MBA colleges in Kerala ensure the quality education at affordable costs against the major metro cities.
The IIM Kozhikode is one of the most reputable institutes apart from other good colleges like SCMS Cochin and Rajagiri, which provide students with a better end-skilled person to excel in their careers.
Ranging from specialisations, impressive placement records, and conducive entrance exam.
options, an MBA in Kerala is the astute investment every aspiring business leader could make.
Since the motive of attempting to acquire the business education is to have a work career in finance, marketing, or analytics, the MBA programs in Kerala are designed to suit the modern corporate demands.