Year | 1 | 2 |
---|---|---|
Tution fees | ₹540000 | ₹540000 |
Exam fees | ₹16000 | ₹16000 |
Other fees | ₹11000 | ₹11000 |
Total Year Wise fees | ₹5.67 Lakhs | ₹5.67 Lakhs |
Master of Business Administration or M.B.A is one of the most reputed 2 year post-graduation degree in the world which is designed to develop skills in management and business.
The average fee for pursuing this course may range anywhere between 2 to 17 lacs INR depending upon the institute or university which provides education in this course. Basic eligibility for MBA is an undergraduate degree in any discipline.
An MBA graduate at an entry level can earn anywhere between 4 to 15 lacs INR annually depending on his/her expertise and the respective institute. Various job profiles in the field are Account Manager, Brand Manager, Equity Research Analysts and Project Manager.
Also the course is provided by more than 3000 institutes throughout the country where the admission and the selection is based on entrance exam. Students can opt for Full-time MBA or Part-time MBA or even Executive MBA.
Usually in India, the duration of MBA is 2 years, which is divided into 4 semesters. However, in India if you want to pursue a professional MBA course or executive MBA course then the duration will be slashed by one year.
MBA for people with good work experience is also offered in some good business schools in India with a time duration of one year.
Regular MBA- The duration of the course is 2 years and each year is divided into 2 semesters. Also a person needs to complete the internship during the middle of 1st and 2nd year of the course which is designed to enhance the practical knowledge of management to help students become thorough with business administration skills in an advanced manner.
Executive MBA- Online MBA, also known as E-MBA is a Management Course focused around working professionals. The courses are structured to impart management education to professionals aspiring to move to mid-level or senior level management. The duration of the course varies from 1 year to 2 years.
MBA is the pursuit of innovative and traditional business methodology developed through collaborative teamwork, individualized self-discipline, and interaction with professors and the business world. The objective is to bring all these aspects together to become a socially responsible and innovative manager, ready to tackle immense issues experienced by companies with poise, knowledge, and for the benefit of the organization and customer service as a whole.
Also it is thought that this course gives a detailed overview of business challenges to make a person fit for becoming a businessman, however the overview is discussed in deep to create a person with excellent managerial and administrative skills and not business skills. Hence it is not necessary that an excellent MBA grad can be an excellent businessman as well.
A person who is interested in solving various challenges related to smooth business running should opt for this course. This course requires a person who is skilled in managing a team and have the ability to take tough decisions in unfavorable situations. Hence a person who loves to take challenges while maintaining calm in tough environment are more likely to find solace in this course. Apart from this, having great communication skills and ability to maintain healthy relationships will only act as a feather in the cap.
There are more than 40 streams to choose while opting for an MBA in India. A brief list of some of the popular streams are-
Almost all the universities offer an MBA course, however there are some Management colleges in India which have an extra edge in terms of infrastructure, level of education and placements. Some of those top MBA colleges in India are-
Name |
State/City |
---|---|
Indian Institute of Management |
Ahmedabad, Bangalore, Kolkata, Lucknow, Indore |
Indian School of Business |
Hyderabad |
Xavier Labour Relations Institute |
Jamshedpur |
Faculty of Management Studies |
New Delhi |
Jamnalal Bajaj Institute of Management Sciences |
Mumbai |
Nirma University | VIT Vellore | NMIMS | DDU | Amity University Noida | |
---|---|---|---|---|---|
Reviews Rating | |||||
Cost To Study | Total Fees ₹1134000 (2 Years ) | Total Fees ₹700000 (2 Years ) Hostel Fees ₹60848 | Total Fees ₹2390000 (2 Years ) | Total Fees ₹304000 (2 Years ) | Total Fees ₹1344000 (2 Years ) Hostel Fees ₹85000 |
Ranking | # Ranked 16/160 by The Week Management Ranks | # Ranked 37/182 by India Today Management Ranks | # Ranked 10/272 by India Today Management Ranks | - | # Ranked 28/125 by NIRF Management Ranks |
Highest Salary | ₹8820000 | ₹10200000 | ₹6780000 | - | ₹5800000 |
Average Salary | ₹782000 | ₹819000 | ₹2663000 | - | - |
General Course Details | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 600 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Total Seats - 30 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree |
Eligibility | Graduation | Graduation with 60% | Graduation with 50% + NMAT | Graduation | Pass in Graduation + CAT |
Search from 20K+ Courses and 35+ Streams
Nirma University’s MBA is a good program due to the following reasons.
Overall, in terms of academics and placements, Nirma University’s MBA program is good.
NMIMS is the best option among these. The strategic location, excellent placement, and brand value put NMIMS ahead of the other institute mentioned in the question.
NMIMS is located at the financial hub of Mumbai. The campus is just an hour or an hour and a half drive away from commercial and industrial spaces like Bandra Kurla Complex, Navi Mumbai, South Bombay, etc. Due to the locational advantage students can easily attend industrial visits of reputed organizations like TOI, Pepsico, JPMC, etc.
NMIMS Mumbai placements are way ahead of the B-Schools in the same tier. Even with a batch size of 500+, the institute offers an average CTC of INR 23.07 LPA.
Nirma University is worth joining for those who want to pursue MBA. I have one cousin studying there so I can share with you his experience of studying at Nirma University Ahmedabad.
The basic information about Nirma University, Ahmedabad:
Category | NIRMA University |
Tuition Fee | INR 4.76 Lacs |
Hostel Fee | INR 65,000 per annum |
Recruiters | Atos, Maximal, Metti, Educational Initiatives Pvt Ltd, etc. |
Average CTC | INR 13 LPA |
Lowest CTC | INR 8 LPA |
Highest CTC | INR 43.5 LPA |
Therefore, choosing NIRMA University is a great choice. If you are thinking of pursuing an MBA from Nirma University then go ahead.
Many of my friends are alumni of the Institute of Management, Nirma University, and also many of them are studying at other reputed colleges such as IIMs, IIFT, NMIMS, SIBM, and the likes. So, I am quite aware of the placement situations at these B-schools.
Nirma has been faring better than their peers with many companies of repute lining up for campus placements. Well on a comparison basis, the academic curriculum is at par with the best B-schools in the country with very accomplished faculty taking courses at the Institute. Nirma also offers good infrastructure, campus, etc.
Now, coming to the most important factor, i.e. ROI, Nirma is definitely worth the investment that you make. And if you have decent academics and skills, you will get a good placement through the campus drive.
Here is a brief highlight of the recent placement statistics for Nirma.
Average CTC |
INR 9 LPA |
Highest CTC |
INR 12 LPA |
Placement Average |
100% |
Major recruiters |
Axis Bank, HDFC Bank, TCS |
If you’re above the 80–85 % category, Nirma will not disappoint you.
For an MBA, KJ Somaiya is the best option among these. It is well recognized in the industry. It also has a locational advantage. As it’s located in Mumbai, it’s easier to get placements and internship opportunities. KJ Somaiya placements 2022 concluded with an average CTC of INR 10.95 LPA. The placement rate is around 98%.
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