Top 10 MBA Colleges in Kolkata : As Per NIRF Ranking, Fees, Placements
Kolkata, the city of tradition, modernity, and education, has always represented a respected name across India.
Kolkata houses some of the country’s best management institutes, such as business schools that provide education in line with the dynamic demands of today.
The top MBA colleges in Kolkata also relate to strong industry connection and impressive placement records, but that is not the end for this.
They offer a tremendous variety of specializations too. So, here is the list of the top 10 MBA colleges in Kolkata according to NIRF rankings,
with more information regarding fees, placements, entrance exams, and admission eligibility.
| S. No | Collage name | Fees | Salary | Nirf | Naac |
| 1 | ISI | 3LKS | 18-20 LPA | 1 | A |
| 2 | IIM -C | 27-31 LKS | 33-35 LPA | 2 | A++ |
| 3 | JU | 2-3 LKS | 7-9 LPA | 4 | A++ |
| 4 | ST Xavier | 7-8 LKS | 9-10 LPA | 10 | A |
| 5 | NIT | 6-7 LKS | 5-6 LPA | 15 | A |
| 6 | BESU | 3-4 LKS | 7-8 LPA | 20 | B |
| 7 | CBS | 10 -12 LKS | 7-8 LPA | 25 | B+ |
| 8 | IEM | 5-6 LKS | 6-7 LPA | 30 | B |
| 9 | RCCIIT | 4-5 LKS | 5-6 LPA | 35 | A |
| 10 | ADAMAS UNI | 4-5 LKS | 4-5LPA | 40 | B |
List of Top 10 MBA Colleges in Kolkata As Per NIRF Ranking
The rankings of NIRF are based on the different parameters; some of those parameters include the quality of teaching, research, placements, and facilities.
So, it is one of those sources that can be relied on by people who want to pursue an MBA in Kolkata. Here is the list of top 10 MBA colleges in Kolkata:
- Indian Statistical Institute (ISI) Kolkata
– NIRF Ranking: 1 among the institutes at the top of statistics and quantitative analysis list.
– specialization: Statistical Quality Control, Operations Research, Econometrics, Data Science
-fees: The entire course fees are around INR 3 lakhs
-placements: Average package is around INR 18-20 lakhs annum
Though primarily known for statistical and operations research work, the MBA courses offered by ISI Kolkata are more superior, especially in business analytics and quantitative management.
Specialized courses are prepared under this institute keeping in view the ever-growing requirements of decision-making based on data within the corporate world today.
- IIM Calcutta (IIM-C) :
– NIRF Ranking: 2 (among top MBA institutions in India)
– Specializations: Finance, Marketing, Operations, Strategy, General Management, Human Resource Management
– Course Tuition Fees: About INR 27-31 lakhs for the full course.
– Placements/Internship: Average package is around INR 33-35 lakhs a year. The companies in the top list offer a variety of consulting, finance, and marketing roles.
IIM Calcutta is one of the premier management schools in the world. It boasts of its curriculum being very challenging, and at par with research work done elsewhere in the world.
The institute boasts of the widest range of specializations. Finance and consulting are high in demand.
The overall great network of alumni and strong industry connects make it a dream destination for many MBA aspirants.
- Jadavpur University – Faculty of Engineering and Technology
– Rank in NIRF : 4 is the rank among the top engineering and technology institutes
– Majors: Business Analytics, Financial Management, Human Resource Management
– Fees: INR 2-3 lakhs for the entire program
- Placement: Average salary at INR 7-9 lakhs per annum. These roles are in lead positions in companies with tech and analytics businesses.
One of the great universities is Jadavpur University, especially with its MBA program in business analytics and technology management. Although the fee is very low compared to other institutes, the standard of education and placements are great, especially in this newly emerging analytics field.
- St. Xavier’s College
– NIRF Ranking: 10 (Amongst top colleges in India for Commerce and Management)
– Specializations: Marketing, Finance, International Business
– Fees: Approximately around INR 7-8 lakhs for the entire program
-Placements: The average package being around INR 9-10 lakhs per annum, the financial services and marketing industries have close links to the institute.
St. Xavier’s College is one of the very well-known and leading colleges in commerce and management study.
Its MBA programme attracts students who are interested in finance, marketing, and international business;
this creates a very high placement rate, making one of the best choices in management studies in Kolkata.
- Narula Institute of Technology (NIT) :
– Ranking in NIRF: 15 (Among emerging institutions in management education)
– Specializations: Operations, Human Resource Management, Marketing
– Fees: INR 6-7 lakhs for the full course
– Placements: Average salary of INR 5-6 lakhs per annum, with chances in mid-level management positions
Narula Institute of Technology has a well-rounded MBA program designed to provide practical management education.
Its specializations are crafted by experts to suit the various needs of the industry and include considerable industry internship opportunities as well as hands-on training.
- Bengal Engineering and Science University (BESU) :
– NIRF Ranking: 20 (among renowned institutions in the engineering and technology domain)
-Specialisations: Business Analytics, Financial Management, Strategic Management
-Fees: Nearly INR 3-4 lakhs for the entire program
-Placement : Average package of INR 7-8 lakhs per annum; best placements in analytics and finance
BESU is a great institute for those wanting to specialize in fields like business analytics and strategic management through the convergence of engineering and management education.
It has gained much popularity, especially during this era of rising demand for analytics professionals, among the aspirants of an MBA.
- Calcutta Business School
– NIRF Ranking: 25 (among well-known business schools)
– Specializations: Finance, Marketing, Business Strategy, Entrepreneurship
– Fees: INR 10-12 lakhs for the program
– Placements: INR 7-8 lakhs per annum compensations, and mainly placements are seen in sectors such as banking, FMCG, IT
Calcutta Business School also earns repute from industry-oriented MBA program with academic and practical exposure. The placement cell vigorously works with students to provide placement opportunities in leading companies.
- Institute of Engineering and Management (IEM)
– NIRF Ranking: 30 (among the emerging management colleges)
– Specializations to be offered: Operations Management, Marketing, Human Resource
– Fee structure: INR 5-6 lakhs for the entire course
-Placement: Average package from INR 6-7 lakhs per annum; top recruiters include IT, manufacturing, and FMCG giants.
IEM has extensive management specializations with a focus towards preparing the student for leadership positions in numerous industry sectors.
Its strong placement network ensures that students get opportunities in worthwhile organizations all over India.
- RCCIIT Kolkata
– NIRF Ranking: 35 (Emerging Institution in Management Education)
– Specializations: Information Systems, Finance, Marketing
– Fees: INR 4-5 lakhs for the entire course.
– Placements: Average salary of INR 5-6 lakhs per annum, with placement records in the IT, finance, and marketing sectors
RCCIIT is emerging as one of the institutions that is progressively earning recognition for the MBA program. With a backdrop of information systems and finance, it readies students for the digital economy
- Adamas University
– NIRF Ranking: 40 (emerging level of business education)
-Specializations Business Analytics Financial Management Marketing
-Fees Full course INR 4-5 lakhs
-Average package INR 4-5 lakhs per annum Companies representing most industries: IT, analytics and marketing.
The MBA at Adamas University Is designed to focus particularly on emerging areas like business analytics. As the university gains increasing reputation in business education, an opportunity to specialize in these fields becomes promising for students looking to specialize.
Is Admission To Top MBA Colleges in Kolkata Worth It?
In fact, MBA Kolkata college admissions have been regarded as very good and strategic investment for a future career. Besides the class room studies, other aspects that each top business school provides are much beyond the ordinary caliber.
A research-based learning and preparation to face practicality in day-to-day challenges through exposure to case studies, internship, live projects, and guest lectures delivered by industry experts, all these ultimately result in molding the students.
For example, IIM Calcutta provides an academically challenging and practically relevant environment.
Its alumni network is quite vast and spread across the world, thereby ensuring a sizeable number of career opportunities for the students post-graduation.
Other such institutions include ISI Kolkata and Jadavpur University, offering niche programs in disciplines like business analytics and operations management, which are highly in demand in the current job market.
The placement records of top MBA colleges in Kolkata are a testimonial to the management education they provide.
With leading companies from all over the world participating in the placement drives, students are well-positioned to secure high-paying jobs in top companies across industries like finance, consulting, IT, and marketing.
MBA Entrance Exams Supported by Top 10 MBA Colleges in Kolkata
If you are aspiring to join these elite colleges, then know what entrance exams they allow. The major entrance exams accepted by these colleges are:
- Common Admission Test (CAT): All the top MBA colleges in Kolkata, such as IIM Calcutta, ISI Kolkata, etc., accept Common Admission Test. CAT is a national-level exam and tests students in quantitative ability, verbal ability, data interpretation, and logical reasoning.
- MAT: MAT is accepted by a few colleges, especially St. Xavier’s College and IEM MAT is relatively easier than CAT and is conducted four times a year.
- GMAT: IIM Calcutta as well as other top colleges accepts GMAT for international candidates. GMAT scores remain valid for five years. It is widely accepted by International MBA programs.
- Xavier Aptitude Test:
Xatitude Test (XAT) : Xavier School of Management conducts the XAT exam, which is accepted by colleges such as the St. Xavier’s College and all the other Xavier affiliated colleges in Kolkata
- Common Management Admission Test (CMAT) : This is another popular entrance test accepted by some colleges such as Narula Institute of Technology and RCCIIT.
10 MBA Colleges in Kolkata Admission Eligibility
The eligibility criteria for admission to these top MBA colleges usually include at least the following:
- Academic Qualification: Bachelor’s degree with at least 50 percent marks from a recognized university in any discipline for general candidates and 45 percent marks for scheduled castes, scheduled tribes, and people with disabilities.
- Entrance Exam Score: Valid score in CAT/ MAT / XAT / GMAT / CMAT.
- Work Experience: 1-2 years of work experience is required by some institutes, but it is not mandatory. For example, IIM Calcutta requires applicants who have at least 1-2 years of experience.
- Personal Interview and Group Discussion: Practically all the top MBA colleges conduct the interviews and group discussions in order to assess the candidate’s communication skills, leadership qualities, and above all whether the candidate can work in co-ordination as a team player or not.
Placement Records of Top MBA Colleges in Kolkata
One of the prime factors why students opt for the top MBA colleges is their placement records. Let’s take an elaborate look at how these top institutions fare on placements:
- IIM Calcutta:Highly regarded for placements. The average INR package range is above 30-35 lakh per annum. Major recruiters are McKinsey, BCG, Amazon, Goldman Sachs,and Tata Consultancy Services.
- ISI Kolkata: The placement record had been impressive, with analytics and data science people earning good offers. Average package ranged between 18-20 lakhs per annum; Recruiters include Google, Facebook, and Microsoft.
- Jadavpur University; The students get good placements. Finance, consulting, and analytics have been where they place students. Average packages around INR 7-9 lakhs per annum.
- St. Xavier’s College: Being one of the strong placement networks in terms of finance as well as marketing, average salaries approximately around INR 9-10 lakhs per annum.
- Narula Institute of Technology: Not only did they establish mid-management levels, but they also provided average salaries roughly around 5-6 lakhs per year.
- Calcutta Business School: Major placements in banking, FMCG, and IT sectors. Average packages of INR 7-8 lakhs per annum.
- IEM: Placement opportunities in IT, finance, and manufacturing. Average salary of approximately INR 6-7 lakhs per annum.
- RCCIIT Kolkata: Slick placement network emerging in the IT and marketing fields. Average packages around INR 5-6 lakhs per annum.
- Adamas University: Increasing number of placement opportunities with average salary ranges of INR 4-5 lakhs per annum with some offers in analytics and marketing.
Conclusion
One such proper career decision that will shape your career is the right choice of an MBA program.
For this, the Top 10 MBA Colleges in Kolkata, as indicated above, will form a strong platform for future business leaders to come into good shape with world-class faculty,
the industry-oriented curriculum, and excellent placement records of such colleges standing as the best across India.
Whether it is finance, marketing, operations, or business analytics, Kolkata provides a range of MBA programs that align with your career as well as match your needs.
The robust educational background in this city along with the quality of these esteemed institutions puts students on their strong footing to face the challenges in the global business world.
Joining one of the best MBA colleges of Kolkata helps you enjoy long-term gains in the way of your career.
