LIST OF TOP MBA/PGDM COLLEGES IN WEST BENGAL BASED ON 2020 RANKING

By Akanksha Gupta
Content Curator

West Bengal has quite a number of MBA colleges some of which rank as top MBA colleges in India. There are both government as well as private business schools for the students who wish to get an MBA after completing graduation.

  • Some of the top-ranked MBA schools include the IIM Calcutta, IIT Kharagpur and IMI Kolkata.
  • The average fee is around INR 6,50,000 and the average CTC ranges between INR 4.5 Lacs to INR 6 Lacs.
  • The common exam through which students are admitted is CAT but for the state-level colleges, the accepted exam score is JEMAT.

Top BBA/BBM Colleges in India

Top MBA Colleges in West Bengal: Rankings

There are quite a number of MBA institutes in West Bengal, some of which are quite popular throughout the country. The MBA colleges of West Bengal have been ranked based on various parameters like teaching, number of students, learning outcomes, etc. The rankings may vary each year. Here is a list of some of the top business schools of West Bengal.

Top MBA Colleges in West Bengal: NIRF Ranking

NIRF or National Institutional Ranking Framework ranks institutes by grouping them into various categories. In total, there are 9 categories. Here are the MBA colleges from West Bengal which have been ranked under the NIRF ranking system.

College Name

NIRF Ranking 2020

NIRF Ranking 2019

Change

Average Annual Fees

Indian Institute of Management Calcutta (IIM Calcutta)

3

3

0

INR 27,00,000

Indian Institute of Technology Kharagpur (IIT Kharagpur)

5

6

+1

INR 11,00,000

International Management Institute Kolkata (IMI Kolkata)

52

45

-7

INR 7,00,000

  • According to the NIRF rankings, IIM Kolkata ranks 3rd in the country which is also one the of the best management schools in West Bengal.
  • Only three MBA colleges of West Bengal have been ranked under the NIRF ranking system.
  • IMI Kolkata has seen a drop of 7 positions in its rank this year.

NIRF ranks its colleges on the basis of a set of parameters it has. It assigns scores for each parameter and a final total score. The following chart symbolizes how much each parameter weighs in the total score.

NIRF Ranking Parameters and Weightage

Top MBA Colleges in West Bengal: Times B School Ranking

Times B schools ranking system ranks the top MBA colleges of the country based on their performance. Here, we have the top-ranked institutes of West Bengal as per the Times B-School Rankings.

College Name

Times B-School Rank 2019

Times B-School Rank 2018

Change

Average Annual Fees

IEM Kolkata - Institute of Engineering and Management

41

53

+5

INR 1,50,000

BIBS - Bengal Institute of Business Studies

53

67

+9

INR 2,30,000

  • Only two colleges of West Bengal have managed to secure a rank within the top 100 MBA colleges of the country.
  • IEM Kolkata has managed to get a rank of 41.
  • BIBS - Bengal Institute of Business Studies has a rank of 53.

Top MBA Colleges in West Bengal: Business Today Rankings

Business Today ranking system is quite important in determining whether an MBA college is good for you or not. The table below shows some of the top-ranked institutes of Bengal based on their Business Today ranks:

College Name

Business Today Rank 2019

Business Today Rank 2018

Change

Average Annual Fees

Indian Institute of Management Calcutta

2

2

0

INR 27,00,000

Vinod Gupta School of Management, IIT Kharagpur

22

20

-2

INR 11,00,00

Indian Institute of Social Welfare and Business Management

59

69

+10

INR 2,95,000

Calcutta Business School, Bishnupur

132

120

-12

INR 3,50,000

ICFAI Business School, Kolkata

169

NP

-4

INR 4,00,000

Institute of Engineering and Management, Kolkata

188

211

-23

INR 1,50,000

Bharatiya Vidya Bhawan Institute of Management Science, Kolkata

219

240

+21

INR 2,25,000

Institute of Management Study, Kolkata

279

NP

+20

INR 1,25,000

  • IIM Kolkata ranks 2nd under the Business Today ranking. There has been no change in its rank in the past 2 years.
  • Other top institutes which are ranked among the top business schools of West Bengal are Vinod Gupta School of Management, IIT Kharagpur, Indian Institute of Social Welfare and Business Management, and Calcutta Business School, Bishnupur.

Top MBA Colleges in West Bengal: ROI (Return on Investment)

ROI or Return on Investment is very essential in determining the value of an institute. Before you get admitted to an MBA college, you must have a look at its ROI rank. We have listed a few MBA colleges of West Bengal based on their ROI ranks.

College Name

Annual Fees

Annual Placement Package

ROI Rank*

Vinod Gupta School of Management, IIT Kharagpur

INR 83,250

INR 15,00,000

1

Institute of Engineering and Management, Kolkata

INR 2,55,000

INR 5,00,000

2

NIT Durgapur

INR 86,000

INR 6,50,000

3

Indian Institute of Social Welfare and Business Management

INR 1,13,000

INR 6,00,000

4

BIBS Kolkata

INR 2,30,000

INR 6,00,000

5

Bharatiya Vidya Bhawan Institute of Management Science, Kolkata

INR 3,05,000

INR 4,00,000

6

Indian Institute of Management Calcutta

INR 27,00,000

INR 22,00,000

7

Calcutta Business School, Bishnupur

INR 2,90,000

INR 4,00,000

8

ICFAI Business School, Kolkata

INR 7,02,000

INR 5,00,000

9

Institute of Management Study, Kolkata

INR 6,00,000

INR 5,00,000

10

  • Here, we can see that Vinod Gupta School of Management, IIT Kharagpur has the highest rank. 
  • In spite of having a very low fee, it provides excellent placements.
  • Institute of Engineering and Management, Kolkata ranks 2nd in the list.

Top MBA Colleges in West Bengal: Admission Process

There are around 232 MBA colleges in Telangana out of which 51 are Government Colleges and 181 are private institutions.

Number of Top MBA Colleges in West Bengal

IIM Calcutta

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 courses offered by this institute are MBA, PGDBA, MBAEX, Executive Learning, and PGPEX-VLM.
  • Admission to IIM Calcutta is based on the CAT exam scores.
  • The total fee is INR 27,000,000 and the institute provides almost 100%  placement opportunities.
  • The average placement package is INR 27.90 LPA. The highest salary in 2020 was about INR 80 LPA.
  • Every year, there is an improvement in the placement scenario.
  • The college has over 125 recruiters. Some of the top recruiters include Flipkart, ICICI Bank, Accenture, Paytm, etc.
  • A total of 495 job offers were made in 2020.

The placement trends of the different sectors have been shown below :

iim calcutta mba placement sector wise

IIT Kharagpur

IIT Kharagpur, established in 1951, has a total of 153 courses in 9 streams and management is one of them.

  • Courses offered by IIT Kharagpur include MBA/ PGDM and Executive MBA/PGDM.
  • The students are admitted based on their CAT scores.
  • The total fee for an MBA course is around INR 9 Lacs. It is a 2 years full-time course.
  • The average CTC is INR 18,10,000.
  • In 2020, the institute was visited by over 70 companies and 131 offers were made.
  • The institute is also unbeaten in terms of international placements.

The domain-wise placement scenario has been shown below:

Domain

Placements

Consulting

26%

Operations

19%

Sales and Marketing

17%

Analytics 

15%

BFSI

12%

IT/ITES11%

IMI Kolkata

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.

  • It only offers one course in one stream which, i.e., PGDM. The duration is 2 years.
  • The institute accepts students through the CAT/ GMAT / XAT examination.
  • Fees for the same at IMI Kolkata is INR 12 Lacs.
  • The institute has recorded 95% placement in 2020.
  • 47 companies visited the institute and 116 offers were made.
  • The average CTC is INR 8.07 LPA and the highest CTC is INR 20 LPA.
  • The top domains which offered jobs were Sales and Marketing, followed by Consulting/Analytics/IT.
  • Some of the top companies who visited the institute include Godrej, Delloite, HDFC Bank, etc.

The domain-wise placement trend for the year 2020 has been shown below:

imi kolkata placement

Top MBA Colleges in West Bengal: Entrance Exam Wise

Some of the entrance examinations for the MBA colleges of West Bengal are CAT, MAT, JEMAT, etc. JEMAT is conducted for the state-level MBA colleges of West Bengal.

Top MBA Colleges in West Bengal Accepting CAT Score

CAT or Common Admission Test is the entrance examination for admission to the various institutions to pursue a course in management studies. All the IIMs and various other top-notch colleges of the country admit students based on the marks obtained in the CAT examination. It is one of the most popular examinations in the country for postgraduate examinations. 

The test is conducted every year by one of the IIMs, in 2020 the test will be conducted by IIM Indore. CAT is conducted in 156 cities in the country.

  • CAT is an online Computer-based test (CBT) where students face 100 MCQ type questions. 
  • The duration is of 3-hours.
  • The three sections of CAT examination are Quantitative Ability, Verbal Ability & Reading Comprehension and Data Interpretation & Logical Reasoning.

Some of the top MBA colleges in West Bengal accepting CAT scores are:

  • Indian Institute of Management, Kolkata
  • Indian Institute of Technology, Kharagpur
  • Indian Institute of Social Welfare & Business Management (IISWBM) Kolkata 
  • Calcutta Business School (CBS) Kolkata
  • Indian Institute of Foreign Trade (IIFT) Kolkata
  • Management Development Institute (MDI) Murshidabad
  • International Management Institute (IMI) Kolkata

Top MBA Colleges in West Bengal Accepting JEMAT Score

JEMAT (West Bengal Joint Entrance Management Aptitude Test) is a state-level examination which is conducted by Maulana Abul Kalam Azad University of Technology for admission to the various state-level management colleges of West Bengal. The examination is held twice a year. The students need to have a bachelor’s degree to sit for the course.

  • JEMAT is a pen and paper-based online examination.
  • The question paper has 100 MCQs which have to be solved in 120 minutes.
  • It is conducted in 24 cities.

Some of the top MBA colleges in West Bengal accepting JEMAT score are:

  • Haldia Institute Of Technology
  • Institute Of Engineering & Management
  • Netaji Subhash Engineering College
  • Siliguri Institute Of Technology
  • Dr. B. C. Roy Engineering College, Durgapur
  • Bengal College Of Engineering & Technology
  • Bharatiya Vidya Bhavan Institute Of Management Science

Top MBA Colleges in West Bengal: Placement Wise

MBA Placements for the 2019-2020 sessions have already taken place. Various domestic, as well as international companies, have visited the top business schools of West Bengal and jobs were offered to the eligible candidates.

  • The average number of recruiters in an MBA school of West Bengal ranges from 50 to 75.
  • The average CTC was around INR 5 lakh.
  • The placement scenario depends on the number of candidates, industrial demands, etc.

The following chart gives an estimate of CTCs offered by the top MBA colleges in West Bengal:

CTCs offered in Top MBA colleges in West Bengal

Top MBA Colleges in West Bengal for Finance

An MBA degree in Finance aims to prepare students to pursue a career in Finance. The degree gives knowledge about accounting, management, and finance. Some of the top MBA colleges of West Bengal in Finance are:

  • Vinod Gupta School of Management, IIT Kharagpur
  • Indian Institute of Social Welfare and Business Management
  • National Institute of Technology, Durgapur
  • Institute of Engineering and Management, Kolkata

Top MBA Colleges in West Bengal for HR

An MBA in HR is one of the most commonly opted specializations. It is offered by most of the colleges in West Bengal and is mainly meant for supervisory roles. Some of the top MBA colleges in the West Bengal for HR are:

  • Vinod Gupta School of Management, IIT Kharagpur
  • Indian Institute of Social Welfare and Business Management
  • NSHM Knowledge Campus, Kolkata
  • National Institute of Technology, Durgapur
  • Institute of Engineering and Management, Kolkata

Top MBA Colleges in West Bengal: FAQs

Ques. Which is the best MBA college of West Bengal?

Ans. Some of the best MBA colleges of West Bengal are:

  • IIM Calcutta
  • Vinod Gupta School of Management, IIT Kharagpur
  • Indian Institute of Social Welfare and Business Management

Ques. Which is the best Government MBA institute of West Bengal?

Ans. The best government institute of West Bengal is IIM Calcutta. Although its fee is quite high, it offers an excellent education to its students.

Ques. Which is the most economic MBA college of West Bengal?

Ans. The most economic MBA course is Vinod Gupta School of Management, IIT Kharagpur. Its annual fee is INR 86,000.

Ques. What is the best entrance examination for MBA admission to the colleges of West Bengal?

Ans. If you wish to get admitted to a national level college, then it is recommended that you go for CAT. For the students who wish to seek admission to the state-level colleges, JEMAT is the best.

Ques. What is the cut-off for IIM Kolkata?

Ans. The cut-off for a general candidate is 90 percentile while that for an SC/ ST candidate is 70 percentile.

Ques. Which is the best college for MBA in HR in West Bengal?

Ans. If you wish to take up MBA in HR, IIMC is the best college for you.

Ques. What is the average CTC offered by an MBA college in West Bengal?

Ans. The average CTC is around INR 6 Lacs. It is subjected to change.

Read More
FOUND 126 CollegesSET DEFAULT