Best MBA Colleges in Bangalore: Ranking 2024, Fees, Admissions, Courses, Placements

MBA programs are available in full-time, part-time, and executive formats. They consist of core courses and elective (specialization) courses. These programs provide both theoretical knowledge and practical experience. Typically, there is a capstone project at the end of the program that tests students strategy and research skills.

Full-time students must complete an internship after the first year; a dissertation or major project is required after finishing the coursework. Additionally, a comprehensive exit exam, which may be a common test for many institutions or an in-house test conducted by the institution, is a crucial part of the MBA/PGDM/PG program.

The core subjects for MBA programs include different combinations of the following branches: 

• Management
• Business communication
• Business Law
• Business ethics
• Accounting
• Managerial Economics
• Applied Statistics
• Marketing
• Operations
• Finance
• Entrepreneurship

After completion of a post graduate management program, having two years duration, the following options are available for higher studies. 

• Doctor of Business Administration (DBA)
• Fellow Programme in Management (FPM)
• Doctor of Management (D.M.)
• PhD in Management (PhD)
• D. Phil in Management (D. Phil)
• Engineering Doctorate (Eng. D)

The Fellow Programme in Management is the doctoral programme of IMMs in India and is equivalent to global PhD degrees. FPM prepares students for teaching or research in management, or to careers that demand high levels of analytical and investigative ability.

Universities and several accreditation agencies give recognition to MBA/PGDM/PGP programs in India. Only colleges affiliated to a University can provide an MBA degree. Autonomous bodies like IIMs and AICTE approved colleges offer PGDM/PGP courses. 

The major accreditation agencies in India are: 

• All India Council for Technical Education (AICTE)
• University Grants Commission (UGC)
• National Assessment and Accreditation Council (NAAC)
• Association of Indian Universities (AIU)
• Distance Education Council (DEC)

The All India Council for Technical Education (AICTE) is a government body that accredits Postgraduate Diploma in Management (PGDM) programs in India. 
The University Grants Commission (UGC) recognizes traditional two-year MBA programs in affiliated colleges. 
Other national agencies, such as the National Assessment and Accreditation Council (NAAC) and the Association of Indian Universities (AIU), ensure academic quality. 
Distance MBA programs in India need approval from the Distance Education Council (DEC). 
Major international accreditation agencies for MBA degrees include the U.S.-based AACSB, the London-based AMBA, and the Brussels-based EQUIS. The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes for management education and research. Each IIM operates independently, but the IIM Council, led by the Ministry of Human Resource Development (MHRD), oversees its administration and overall strategy.

MBA Colleges in Bangalore consider MBA aspirants who has work experience has an added advantage in MBA admissions as they can fair better than a fresher in an interview. But there are no defined quota slabs for experienced personnel.

IIM's are the best MBA institutes in India, however every year the number of students appearing for entrance exams gets increasing. Hence the competition is very high and you have to be equally prepared for Leading 10-15 MBA Colleges in Bangalore.

Always the best in Bangalore is Indian Institute of Management (IIM). But getting admission there is quite difficult as the acceptability rate is less than 2% which is the smallest in the world. The next best are XIME, Wellinker, Symbiosis, Narseemonji, Christ College, St. Joseph's college.. and the list goes on. Here too the admission tests and other criteria are mostly stringent and the cost factor of the course sometimes very unaffordable. Some intelligent students prefer colleges with low fee structure but offering quality education. There are plenty of such colleges and the selection criteria in most of the colleges are not that tough.

The actual placement more or less depends on the overall performance of the candidate. The academic history of the student and the mettle shown in the selection criteria of companies and institutions, who offer placements, matter the most. The name and fame of the college is also a factor. 'A' grade category business schools are extreme good in their placements.

Education loan is available for MBA programs in all colleges and universities. The candidates who need a loan should apply for it through the college where they get admission. The college will direct the students on the loan formalities and they can approach the bank near their home with documents received from the college. The bank will send the check/ draft directly to the college on passing the loan.

NRI/Management seats are available in many colleges and the admission to these seats is done directly by the respective college management. The candidate has to contact the college where he/she seeks admission under NRI/Management quota.

The salary package for fresh MBA graduates ranges from 4 lakhs to 24 lakhs. The actual salary offered to particular candidate depends on the performance of the candidate in the interview & tests and any other selection parameter by the recruiter. The overall academic performance of the candidate and the prestige of the institution also matters in salary package decisions.