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Master of Business Administration (MBA) is a field of study that heavily contributes to national development. As the business environment continues to improve in India, MBA is becoming a popular choice for students across the country.
It is often hard to identify the best MBA colleges in India for admission. Therefore, after thorough research, we have prepared a list of the top 5 government MBA colleges in India in 2022.
Founded in 1973, IIM Bangalore is internationally known for its distinguished faculty. It is situated in the tech capital of India, Bangalore, and got the status of an “Institute of National Importance” in 2017.
The prominent educational institute caters to over 1200 students with over 100 faculty members. It ranked second in the National Institutional Ranking Framework (NIRF) in 2021 and has several accreditations to its name.
What puts IIM Bangalore on top of our list is its location. The institute is located near leading corporate firms in the capital of Karnataka, which gives students a chance to blend theoretical knowledge with practical experiences.
IIM Bangalore uses the CAT/GMAT scores for admissions to most MBA programs. Once the candidates are shortlisted, they are required to go through the AWT and PI process.
The business school situated in the capital of Gujarat is among the top MBA institutes in India. In the NIRF rankings 2021, IIMA grabbed the first spot. It came into prominence in 2008 when it became the first Indian business institute to receive EQUIS accreditation.
It aims to continuously make a sustainable and progressive impact on society. The institution bases itself on autonomy, creativity, and collaboration. Over the years, IIMA has focused on reducing the CAT score requirements, thereby becoming more student-friendly.
In 2021, over 100 firms participated in IIMA’s campus placement, allowing students to choose their preferred company among a vast base.
IIMA does the preliminary screening of candidates using their CAT and GMAT scores. Afterward, it conducts Analytical Writing Test (AWT) and Personal Interview (PI) for further selection.
It was established in 1961 by the Government of India as the first national institute for Post-Graduate studies and Research in Management. IIM Calcutta aims to become an Institutional Centre of Excellence in Management Education.
The renowned faculty of the institute helps students achieve the highest educational benchmarks. IIMA has received three international accreditations, including AACSB, AMBA, and EQUIS. In the NIRF rankings, it stood third in 2021.
The preliminary screening is done using students’ CAT and GMAT scores. The shortlisted candidates are then required to clear the Analytical Writing Test (AWT) and Personal Interview (PI) for further selection.
Faculty of Management Studies (FMS) Delhi
Hailed as one of the best and oldest management schools in India, FMS was established in 1954 under the auspices of Delhi University. It promotes innovative thinking and novelty and aims to provide a fantastic experience to students through its superb faculty.
It provides a full-time MBA, an executive MBA, an executive MBA in healthcare administration, and several doctoral programs.
FMS uses CAT scores to shortlist candidates. Students are then required to appear in group discussions and personal interviews.
Ranked 4th in the NIRF rankings 2021, IIM Lucknow seeks to ameliorate management education across India. It was set up in 1984 and has ever since developed innumerable global leaders in the form of an able Alumni network.
It has two campuses, one in Lucknow and one in Noida. Both the premises are equally accessible and prestigious. The institution has received international accreditations from AMBA and AACSB.
An interesting fact about IIM Lucknow is that the institution charges one of the least fees among the top IIMs.
The admission process of IIM Lucknow is similar to other IIMs. It uses CAT scores to shortlist candidates and then conducts Analytical Writing Test (AWT) and Personal Interview (PI) for further selection.
As a field of study, business studies enables the youth of any country to help in economic development. The best government MBA colleges in India mainly consist of the IIMs. However, it doesn’t mean other institutions are poor or lag too far behind. You can do your own research considering factors like travel, expenditure, and future prospects before making a final decision.