MBA is gaining popularity amongst students from vivid streams with each passing day. It has become one of the most sought after courses that students are investing their time in. After graduation, pursuing an MBA program broadens the career horizon of the students. A number of career options are available for a candidate with an MBA degree.
But most of the times students find it difficult to understand the admission process of the top business schools of the country. It becomes cumbersome if the student has not received coaching for the MBA preparation. This article will give the knowhow of the top business schools of the country along with the procedure of admission being followed by them.
The leading business schools in India include 20 IIMs , XLRI Jamshedpur , MDI Gurgaon , FMS Delhi , Department of Management Studies – IIT Delhi , NIEE Mumbai , SPJIMR Mumbai , IIFT Delhi , IMT Ghaziabad ,NMIMS Mumbai and Lloyd Business School – Greater Noida and many more . IIMs, XLRI, NMIMS open their admission process in July-August. Other top MBA colleges like FMS, MDI, SPJIMR, IMT begin their admission process in September-October and close it in December. The admission process in Lloyd Business School begins in the month of March .The four step admission process to the business schools mentioned above is as follows:
Register and apply for MBA entrance exam
Appear in CAT/MAT/NMAT exam
Shortlisting by the MBA colleges
Final selection round by MBA college
The top MBA colleges follow almost similar admission process, the difference lies in their acceptability of the MBA entrance exam score. For instance IIMs accept CAT exam score, XLRI accepts XAT exam score, NMIMS accepts NMAT exam score, IIFT accepts its own IIFT entrance exam score whereas Lloyd Business School accepts CAT/MAT/CMAT/ ATMA/LMAT exam score . All the leading B schools in India follow the 4 step admission process as discussed above.
Besides the admission process it is very important for a student to have an insight into the placement record of the top B schools in India. As per the record of 2018 , IIM Ahmedabad has been on the top of the chart with the highest domestic package with top recruiters being Accenture, Amazon, Boston Consulting Group, HSBC, JP Morgan, Airtel, HUL, TAS, Microsoft etc followed by IIM Bangalore and IIM Calcutta . The other institutes where students were offered good packages include SPJIMR Mumbai, FMS Delhi ,XLRI Jamshedpur , IIFT, MDI Gurgaon and Lloyd Business School –Greater Noida.
For all the students who aspire to pursue an MBA program, understanding of the admission process and the placement record of the top B schools becomes very important. This would help them set their targets and prepare accordingly. Getting into a good B school primarily depends on how much you prepare and how well you prepare for it. Consistent efforts and hard work can pave a student’s path towards the ladder of success. I wish all the students reading the article good luck for their preparation.
“ A dream doesn’t become reality through magic , it takes sweat , determination and hard work “ – Collin Powell