Best Institutes for Management Studies: Top Colleges for Management

Summary- There are many institutes in India competing for a top spot in the ranking for the best management institutes. The IIRF, a governmental organization, ranks all these institutes based on many factors. Here in this article, we will be listing down some of the top institutes for management studies.

Almost every student, after completing their 12th, look for a high-ranked institute to get admission into. However, almost all the institutes for management studies ranked at the top do not take direct admissions. So they need to prepare for some of the toughest entrance exams to get a seat for themselves.

The best institutes for management studies in India are very tough to get into. However, there are very few among them where you can get direct admissions.

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Top Ranked Management Institutes/Colleges for Management Studies

There are few prerequisites for a student to be able to pursue Business Studies. The eligibility criteria for pursuing a Business & Management Studies course differ at different levels. Students who want to pursue this course must meet the following eligibility criteria:

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UG (BBA/BMS)

• A candidate must have completed Class 12 or equivalent from a recognized board or university.
• A candidate in Class 11 can also apply for the entrance test conducted for BBA/BMS admission.

PG (MBA)

• A candidate must be a graduate in any stream or equivalent from a recognized university.
• A candidate in the final year of graduation is also eligible to apply for entrance tests conducted for MBA admission.

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List of B-schools Ranked According to IIRF

We have separated the privately owned management institutes and the national management institutes owned by the government. You can check out the list for their total fee for the programme.

Here is a list of government-owned best institutes for management studies in India with their total fees that are ranked by the Indian Institutional Ranking Framework(IIRF)-

Sl.No.	Institutes For Management Studies	Total Fee(Rs)
1	Indian Institute of Management (IIM Ahmedabad)	1.57-28 L
2	Indian Institute of Management (IIM Bangalore)	14-21.7 L
3	Indian Institute of Management (IIM Calcutta)	1.6-22 L
4	Faculty of Management Studies (FMS), Delhi University	20.96-1.02 L
5	Indian Institute of Management (IIM Lucknow)	4.72-11.76 L
6	NITIE Mumbai - National Institute of Industrial Engineering	6.63-14.63 L
7	Atal Bihari Vajpayee-Indian Institute of Information Technology And Management (ABV-IIITM), Gwalior	2.96 L - 6.5 L
8	IIM Kozhikode - Indian Institute of Management	2.2-22.52 L
9	Jamnalal Bajaj Institute of Management Studies, Mumbai	3-6L
10	Indian Institute of Foreign Trade (IIFT), New Delhi	4.45 L
11	Indian Institute of Management, Indore	30 L
12	Indian Institute of Technology (IIT), Shailesh J Mehta School of Management, Mumbai
13	Indian Institute of Technology (IIT), Dept. of Management Studies, New Delhi
14	Indian Institute of Management, Raipur
15	Vinod Gupta School of Management, Indian Institute of Technology (IIT), Kharagpur
16	Indian Institute of Management, Udaipur
17	Indian Institute of Management, Tiruchirappalli
18	Department of Management Studies, Indian Institute of Technology, Madras
19	Indian Institute of Technology (IIT), Dept. of Management Studies, Roorkee
20	University Business School (UBS), Punjab University, Chandigarh

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Now let's have a look at the list of privately owned top institutes for management studies in India-

Sl.No.	Institutes For Management Studies	Total Fee(Rs)
1	Indian School of Business (ISB), Hyderabad
2	Management Development Institute (MDI), Gurgaon
3	Xavier Labour Relations Institute (XLRI), Jamshedpur
4	Symbiosis Institute of Business Management, Pune
5	S P Jain Institute of Management & Research (SPJIMR), Mumbai
6	Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune
7	Mudra Institute of Communications (MICA), Ahmedabad
8	NMIMS School of Business Management, Mumba
9	Institute of Management Technology (IMT), Ghaziabad
10	Great Lakes Institute of Management, Chennai
11	International Management Institute (IMI), New Delhi
12	Xavier Institute of Management, Bhubaneswar
13	FORE School of Management, New Delhi
14	Woxsen School of Business, Woxsen University, Hyderabad
15	Dr. D Y Patil Business School, Pune
16	Goa Institute of Management (GIM), Goa
17	Symbiosis Centre For Information Technology, Pune
18	Amrita School of Business, Coimbatore
19	ICFAI Business School (IBS), Hyderabad
20	K.J. Somaiya Institute of Management Studies & Research, Mumbai

How to select the best management college? 

Choosing a Management college that is suitable in all aspects requires a bit of research. Some steps that will help you to narrow down the choice of college are-

• Choose a college that provides the specialization of your interest. 
• Do check the college accreditation or affiliation; it matters the most. 
• Go through the list of faculty members for their experience and qualification. 
• Go through the course content and check if all you need to learn is provided there. 
• Infrastructure and alumni need to be considered too. 
• Placement records give a clear idea about the college's legacy, so check that.

Skills You Will Master After Management Degree

Here is the list of skills that you will be proficient in after completion of your degree in management course-

• Communication skills
• Interpersonal skills
• Negotiation
• Organization
• Forward Planning
• Leadership
• Initiative
• Risk-taking
• Creative problem-solving
• Decision-making
• Conceptual skills
• Delegation
• Motivating
• Networking
• Time management
• Project management
• Attention to detail
• Ability to work under pressure
• Innovative thinking

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Conclusion

Studying management is not cheap; as you can see from the list, some of the top listed colleges/institutes for management studies have highly expensive courses. So it is advised to make your decisions wisely and be consistent during your academics. You will need to learn all the skills to cover the fee you are paying for it.

Hopefully, this list will help you in finding your dream college or institutes for management studies. So prepare yourself well enough to be able to face some of the most challenging entrance exams for management courses. We wish you the best of luck in your future endeavors.