Graduates are looking for a Master of Business Administration (MBA), as the CAT result has been declared and colleges started taking admission based on scores in the entrance test. No wonder you are among them, but afraid whether get selected into IIMs or not? So in this blog, we are going to find a few chosen best MBA colleges under CAT examination except for the IIMs. Before we start our post, one thing that should be clear is that we have come up with only a few institutes that must follow our selection criteria — Excellent ROI, Global Exposure, Top Accreditations, and World-class architecture.
Apart from the list of top IIMs, these are a few business schools that are counted as equivalent to the Indian Institute Of Management. Let’s begin our list of top MBA colleges under XAT score excluding IIMs in India.
Faculty of Management Studies, Delhi University:
FMS has been established in 1954 on the campus of Delhi School of Economics and ranked in the top 5 managment colleges in India by The Week (2020). The institute is well known for 4 its flagship 2-year full-time MBA program as well as offers part-time MBA programs. This business school has accredited by NAAC (National Assessment and Accreditation Council) and is affiliated with Delhi University. The campus has an excellent placement record and is a great option in terms of return on investment as its average CTC is more than the total course fees.
FMS widely works for various regional cooperation initiatives in the field of managment and is the founding member of AMDISA (Association of Management Development Institutions in South Asia). Admission is granted based on a CAT score along with PI, SOP discussion, academic record, and work experience. INR 1.92 lakh is the total fees for the management course and 100% placement. The highest CTC offered was INR 58 LPA, while the Average CTC offered was INR 32.4 LPA.
Read More — Before Enrolling In An MBA Program, What Should You Check At MBA Colleges In Kolkata
Jamnalal Bajaj Institute of Management Studies:
JBIMS is a private business school that is an integral part of the University of Mumbai that has ranked among the top colleges under CAT. The institute is marked among the best business schools across the Asia-Pacific countries and is popular for its MMS (masters of management studies) program. The average package offered in the institute is more than the total course fees which are great in terms of return on investment. it has world-class infrastructure that includes all the facilities that a managment student needs like wi-fi enabled campus, ac classrooms, and a huge library with ver 40,000 books.
The institute allows admission based on a valid CAT score (Or MAHCET Score ) and other selection criteria like another personal assessment test (usually GD+PI). The institute charges a total of 6 Lakh to 7 Lakhs and has a 100% placement record. The highest Salary was INR 42 LPA and the average salary was INR 27.63 LPA in the latest placement drive.
Management Development Institute:
MDI is a Gurgaon-based management school that is ranked in the top 10 MBA colleges in Private institutes according to the ranking list of NIRF 2022. This institute is the first Indian institute that has achieved accreditation from international organizations AMBA, and SAQS in 2006. The institute offers world-class education to management students and has been recognized by national accreditations like AICTE and NBA. The institute offers an MBA equivalent PGDM course that accepts admission based on a CAT score with a weightage of 55% along with a Personal interview.
The institute has collaborations with various international business schools to encourage student exchange programs. The course fees for the full-time PGDM course are around 23.58 Lakhs and the placement record is 100% in the institute. The highest package received was INR 1.14 CPA whereas the average CTC received by the management student was INR 26.07 LPA which is more than the total course fees.
So, these were the few best colleges under MAT exam that are not IIMs but have great placement records, course fees, and an average CTC ratio is more than 1:1 and has the opportunity to expand your network worldwide through the Student exchange program. One thing that must be considered here is that colleges can also accept other entrance exams and all these institutes accepts GMAT score for international students. All these colleges have been listed on https://ww.mbadunia.com/ and more details are available there.
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