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If you wish to join one of the top MBA colleges of the country then the following article will offer deep insights about prestigious B schools in India. The article discusses about top five business schools, their history, yearly intake and fee.
1. Indian Institute of Management, Ahmedabad (IIM-A)
The Indian Institute of Management Ahmedabad or IIMA is one among the 13 IIMs that are considered institutes of national importance. IIMA is a public B-school based in Gujarat and was the second IIM to be set up after IIM Calcutta. The 51-year-old institute is regularly featured among the top ten business school rankings. Its tuition fee, excluding food and hostel, is Rs. 11.55 Lac per annum. The total intake of students for the 2012-13 batches was 381 from a total number of 1.75 applicants. CAT and GMAT are the qualifying tests to seek admission to this MBA institute. The magnificent campus of IIMA was designed by American architect Louis I. Kahn. There will soon be a new campus to accommodate a larger number of students.
2. Indian Institute of Management, Calcutta (IIM-C)
The first IIM to be established in 1961, Indian Institute of Management, Calcutta, or IIMC is a highly sought-after institute that ranks highly among the top business schools of India and the Asia-Pacific region. The autonomous institution offers various postgraduate and doctoral courses in management. Its tuition fee, excluding hostel facilities and food, is Rs. 8.52 Lac per annum. The total intake of students in the year 2012-13 was 462. Admission can be taken through qualifying tests CAT and GMAT. IIM Calcutta is considered the best in research. The college campus is located in Joka, 20 kilometers away from the Howrah railway station. The Ford Foundation was among the founding partners of IIMC.
3. XLRI Jamshedpur
Jamshedpur-based XLRI is a leading private business management school that was founded in 1949. It is acknowledged as the country’s oldest business management institute. The institute’s flagship courses include a regular two-year MBA in Personnel Management and Industrial Relations (PMIR) which has now been renamed to Human Resource Management (HRM). The other full-time MBA courses are General Management Program (GMP) which is a 15 month course and Business Management (BM) which is a two-year course. The tuition fee, sans hostel facilities and food, is Rs. 14.70 Lac a year. The total intake of students to XLIR, admission to which is based on the qualifying test XAT, was 240 for the year 2012-13.
4. Faculty of Management Studies, University of Delhi (FMS, Delhi)
Faculty of Management Studies or FMS is a Delhi-based institute founded in 1954. It is currently under the aegis of Delhi University and offers management education to professional managers as full-time and part-time MBA programs. It is among the oldest B-schools that have been offering a full-time MBA courses. With the tuition fee being only Rs. 20960 a year, MBA at FMS Delhi is the cheapest MBA education in India.
Its initial set of professors had been taught at the Stanford Graduate School of Business. The institution started from the premises of Delhi School of Economics under the serving Dean and Professor A. Dasgupta from Delhi College of Engineering. The institute has been growing to offer more management courses ever since.
5. Indian Institute of Management, Kozhikode (IIM-K)
The Indian Institute of Management Kozhikode or IIMK is also one of the Indian Institutes of Management established by the Government of India. It was the 5th IIM to be set up and was established in 1996 in partnership with the State Government of Kerala. The varsity emphasizes on development of analytical skills with a focus on cross-cultural issues while balancing between social concerns and business demands. It tuition fee is Rs. 9.02 Lac per annum and the total intake of candidates was 356 this year.
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Devika is a prolific writer who compiles relevant facts and analyzes the current state of affairs pertaining to the domain of education. She is currently writing informative articles, news stories and blog posts on Indian educational institutes and courses offered by them. The above article discusses about top-notch MBA schools.