Among the Top MBA Colleges in Karnataka are IIM Bangalore, T.A. Pai Management Institute (TAPMI), Christ University, Visvesvaraya Technological University, Alliance University, and others. Karnataka boasts over 409 esteemed MBA colleges in India, comprising 355 private and 48 government institutions. The majority of the top MBA colleges in Karnataka are AICTE-approved and affiliated with Bangalore University. IIM Bangalore and Christ University stand out as the top-ranked and premier MBA colleges in the state.
IIM Bangalore Ranking:
- IIM Bangalore is recognised as the best MBA college in Karnataka, securing the 2nd position.
- TAPMI Manipal follows at 42nd place, and Christ University is ranked 60th.
Government MBA Colleges:
- Presidency University and IIM Bangalore are the best government MBA colleges in Karnataka.
- Both are also among the top 10 MBA colleges in the state.
Admission Criteria:
- MBA admissions in Karnataka’s premier colleges are primarily based on CAT scores, followed by GD/PI rounds.
- Some institutions also accept MAT, KMAT, and PGCET scores.
Program Offerings:
- Top MBA colleges in Karnataka provide options such as Distance MBA, Regular MBA, and Online MBA, offering various specialisations.
Average Annual Fees:
- The average annual fees for leading MBA colleges in Karnataka range from INR 20,000 to INR 23,00,000, depending on the institute.
Affordable Options:
- Ramaiah Institute of Technology, BMSCE Bangalore, and The Oxford College of Business Management are affordable options with a fee structure of less than INR 75,000 annually.
Return on Investment (ROI) and Placements:
- Top MBA colleges in Karnataka are renowned for high ROI and impressive placement records.
- The average Cost to Company (CTC) offered by these institutions ranges from INR 11 LPA to INR 20 LPA.
Top 10 MBA Colleges in Karnataka
IIM Bangalore and Christ University in Bangalore are renowned as the leading MBA colleges in Karnataka and are among the top MBA colleges in India. Nevertheless, Karnataka hosts various prestigious institutions providing MBA programs. Here is a list of the top 10 MBA colleges in Karnataka, along with their seat intake for MBA/PGDM courses.
MBA colleges in Karnataka | MBA/PGDM Seat Intake |
---|---|
IIM Bangalore – Indian Institute of Management, Bangalore | 635 |
T. A. Pai Management Institute – [TAPMI], Manipal | 630 |
Alliance University, Bangalore | 100 |
Jagdish Sheth School of Management – [JAGSOM], Bangalore | 300 |
St Joseph’s Institute of Management – [SJIM], Bangalore | 180 |
Christ University, Bangalore | 4260 |
Ramaiah Institute of Management Studies – [RIMS], Bangalore | 360 |
Prin. L.N. Welingkar Institute of Management Development & Research- [WeSchool], Bangalore | 270 |
SDM Institute for Management Development – [SDMIMD], Mysore | 180 |
Xavier Institute of Management and Entrepreneurship – [XIME], Bangalore | 240 |
Top MBA Colleges in Karnataka: Ranking
Various renowned ranking agencies across the country assess and rank the top MBA colleges in Karnataka. Similarly, several globally recognised ranking agencies evaluate premier MBA colleges in India. These rankings are based on diverse criteria such as placement records, infrastructure, facilities, and educational quality.
Trusted ranking agencies like NIRF, India Today, The Times, The Week, Outlook, among others, play a significant role in evaluating the best MBA colleges in Karnataka. NIRF, in particular, stands out as the most reliable and reputable ranking agency in India. While NIRF does not directly rank MBA colleges, it assesses and ranks the top management colleges in the country. Explore the rankings provided by NIRF and The Times to identify the top-ranked and best MBA colleges in Karnataka.
Top MBA Colleges in Karnataka with NIRF Ranking 2023
The National Institutional Ranking Framework, commonly referred to as NIRF, is a methodology embraced by the Government of India under the Ministry of Human Resource Development. Its role involves ranking the foremost educational institutions based on five distinct parameters.
- According to the NIRF Ranking 2023, IIM Bangalore secures the top position among MBA colleges in Karnataka and holds the 2nd rank nationally.
- T.A. Pai Management Institute has experienced a decline in rankings, dropping from 38th last year to 42nd, with a NIRF score of 53.48.
- Christ University has demonstrated significant improvement, climbing 12 positions in the rankings. Previously at 72nd place, it now stands at 60th.
- Jain University holds the 85th position, followed by Alliance University at 87th and VTU Belgaum at 95th according to the NIRF Ranking.
Refer to the table provided below, which lists the leading MBA colleges in Karnataka based on the most recent NIRF Ranking 2023, along with their respective NIRF scores.
NIRF Ranking 2023 | College/ University Name | NIRF Score |
---|---|---|
2 | Indian Institute of Management – IIM Bangalore | 80.89 |
42 | T. A. Pai Management Institute Manipal | 53.48 |
60 | Christ University, Bangalore | 50.69 |
85 | Jain University, Bangalore | 45.63 |
87 | Alliance University, Bangalore | 45.55 |
95 | Visvesvaraya Technological University, Belgaum | 43.84 |
116 | Prin. L. N. Welingkar Institute of Management Development & Research, Bangalore | – |
121 | St. Joseph’s Institute of Management, Bangalore | – |
125 | Xavier Institute of Management & Entrepreneurship, Bangalore | – |
NIRF evaluates institutions nationwide using five key parameters: (1) Teaching, Learning & Resources, (2) Research and Professional Practice, (3) Graduation Outcomes, (4) Outreach and Inclusivity, and (5) Perception.
Top MBA Colleges in Karnataka: The Times Ranking
Annually, The Times conducts surveys to rank the premier educational institutions in India across various disciplines, presenting a list of the top colleges and universities nationwide. These assessments consider multiple parameters, such as Selection Process, Learning Experience, Faculty, Infrastructure and Living Experience, and Fee Structure.
Provided below is a table highlighting the leading MBA colleges in Karnataka as per The Times Ranking.
The Times Ranking 2022 | College Name |
---|---|
13 | Alliance School of Business, Alliance University, Bangalore |
27 | School of Management, Presidency University, Bangalore |
32 | Krupanidhi School of Management, Krupanidhi Group of Institutions, Bangalore |
34 | T.A. Pai Management Institute (TAPMI), Bangalore |
34 | Acharya Bangalore Business School (ABBS), Bangalore |
42 | Indus Business Academy (IBA), Bangalore |
47 | Xavier Institute of Management and Entrepreneurship, Bangalore |
54 | Acharya Institute of Management and Sciences (AIMS), AIMS Bangalore |
59 | Visvesvaraya Technological University, Belgaum |
61 | Shri Dharmasthala Manjunatheshwara Institute for Management Development, Mysore |
71 | Ramaiah Institute of Management Studies, Bangalore |
80 | ISBR Business School, Bangalore |
85 | KLS Institute of Management Education and Research, Belgaum |
95 | PES College of Engineering |
96 | Dayananda Sagar College Of Engineering, Bangalore |
138 | Alva’s Institute of Engineering and Technology, Mangalore |
Top MBA colleges in Karnataka with Fee Structure
Leading MBA institutions in India provide MBA programs with an average fee range from INR 10,000 to INR 23,00,000.
Refer to the table below, which outlines the fee structures of select top MBA colleges in Karnataka.
Top MBA colleges in Karnataka | Total Course Fees (INR) |
---|---|
IIM Bangalore – Indian Institute of Management, Bangalore | 24.50 lakhs |
T. A. Pai Management Institute – [TAPMI], Manipal | 16.10 lakhs |
Christ University, Bangalore | 7.75 lakhs |
Alliance University, Bangalore | 15 lakhs |
Jagdish Sheth School of Management – [JAGSOM], Bangalore | 14.90 lakhs |
St Joseph’s Institute of Management – [SJIM], Bangalore | 9.30 lakhs |
Dayananda Sagar University – [DSU], Bangalore | 1.61 lakhs |
Prin. L.N. Welingkar Institute of Management Development & Research- [WeSchool], Bangalore | 13 lakhs |
SDM Institute for Management Development – [SDMIMD], Mysore | 11.40 lakhs |
Xavier Institute of Management and Entrepreneurship – [XIME], Bangalore, | 12 lakhs |
Best MBA colleges in Karnataka with Low Fees
Numerous MBA colleges in Karnataka provide MBA courses at affordable rates, with average fees varying from INR 7,000 to INR 25,000.
Here is a compilation of the top MBA colleges in Karnataka offering programs at lower fees.
College Name | Average Fees (INR) |
---|---|
Directorate Of Distance Education, Bangalore University | 8,230 |
Siddaganga Institute of Technology – [SIT], Tumkur | 12,000 |
Amruta Institute of Engineering and Management Sciences – [AIEMS], Bangalore | 7,970 |
University BDT College of Engineering, Visvesvaraya Technological University – [UBDTCE], Davanagere | 8,270 |
Karnataka State Akkamahadevi Women’s University – [KSAWUV], Bijapur | 7,720 |
Visvesvaraya Institute of Advanced Technology – [VIAT] Muddenahalli, Bangalore | 7,980 |
Goutham College, Bangalore | 15,000 |
Karnataka State Open University – [KSOU], Mysore, | 18,500 |
Tumkur University, Tumkur | 12,000 |
Visvesvaraya Technological University – [VTU], Belgaum | 11,420 |
Top MBA Colleges in Karnataka: ROI (Return on Investment)
Return on Investment (ROI), a critical factor in college selection, holds particular significance, especially for costly programs like MBA, where both private and government institutions often have high fees. Evaluating ROI helps determine which college offers better value for money by considering the ratio between the average placement package and average annual fees.
The table below offers a comparative analysis of selected top MBA colleges in Karnataka based on ROI.
College/ University Name | Average Annual Fees | Average Placement Package | ROI Rank* |
---|---|---|---|
IIM Bangalore | INR 11,50,000 | INR 33.8 LPA | 1 |
TAPMI Manipal | INR 8,00,000 | INR 15.7 LPA | 2 |
SJIM Bangalore | INR 4,30,000 | INR 7.8 LPA | 3 |
Christ University Bangalore | INR 3,80,000 | INR 6.00 LPA | 4 |
JAGSON Bangalore | INR 7,45,000 | INR 10.58 LPA | 5 |
Alliance University | INR 7,50,000 | INR 8.00 LPA | 6 |
Top MBA colleges in Karnataka under PGCET
The majority of premier MBA colleges in Karnataka admit students based on entrance exam scores, followed by a GD/PI round. Accepted scores for admission include CAT, GMAT, XAT, MAT, KMAT, and PGCET. PGCET alone accounts for approximately 94 top MBA colleges in Karnataka. Explore the MBA college cutoffs in Karnataka under PGCET along with associated fees.
College Name | Average Annual Fees |
---|---|
Indus Business Academy – [IBA], Bangalore | INR 4,81,000 |
AIMS Institutes, Bangalore | INR 9,00,000 |
Ramaiah Institute of Technology – [RIT], Bangalore | INR 79,570 |
RV Institute process based- [RVIM], Bangalore | INR 75,000 |
International School of Business and Research – [ISBR Business School], Bangalore | INR 9,00,000 |
St Joseph’s Institute of Management – [SJIM], Bangalore | INR 4,20,000 |
NITTE School of Management – [NSM], Bangalore | – |
Bharatesh Education Trust’s Global Business School – [BETGBS], Belgaum | INR 1,11,000 |
BMS College of Engineering – [BMSCE], Bangalore | INR 25,300 |
The Oxford College of Business Management, Bangalore | INR 70,000 |
Top MBA Colleges in Karnataka: Admission Process
Karnataka hosts a total of 368 MBA colleges, among them the prestigious IIM Bangalore, renowned as one of the best in India. Admission to these institutions is primarily conducted through entrance exams.
For IIM Bangalore, the admission process involves a centralised counseling procedure based on CAT Scores for MBA courses. Similarly, many private colleges utilise various entrance exams such as CAT and MAT. Additionally, some colleges administer their entrance tests, while others employ a spot examination process followed by counseling.
Indian Institute of Management Bangalore
IIM Bangalore currently holds the 2nd position among MBA colleges in India, as per the NIRF rankings. The institute offers three types of MBA courses: 2 Years Full-Time courses, 1 Year Full-Time courses, and 2 Year weekend courses.
IIM Bangalore provides MBA programs with specialisations in Decision Sciences, Economics and Social Sciences, Entrepreneurship, Fingroup and Accounting, Information Systems, Marketing, Organisational Behavior, Human Resource Development, Production and Operations Management, Public Policy, and Strategy.
Admission to IIM Bangalore is facilitated through the CAT Entrance Exam, conducted annually for admission to various IIMs in India. The institution boasts remarkable placement records, consistently achieving over 90% placement, and often reaching 100%.
IIM Bangalore Placement Report
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The highest package at IIM Bangalore reached INR 80 LPA, offered by Bloomberg.
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The average package increased from INR 26.18 to INR 28.98 LPA compared to the previous year.
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The median domestic CTC rose to INR 28.6 LPA from INR 25 LPA.
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A total of 525 students were eligible to participate in the placement drive.
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532 offers were extended, and 517 offers were accepted.
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Approximately 150 companies actively participated in the placement drive.
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193 Pre-Placement Offers (PPOs) were extended, and around 110 PPOs were accepted by the students.
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The top recruiting sectors were Consulting and General Management.
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Notable companies such as Amazon, Accenture Strategy, and Bain & Company actively participated in the placement drive.
Top MBA Colleges in Karnataka: Entrance Exam Wise
Admissions to the premier MBA colleges in Karnataka are determined by entrance exam scores. The prevalent entrance exams for MBA admission conducted on a national scale include PGCET, CAT, MAT, CMAT, and GMAT. Additionally, certain institutions may have their specific entrance exams, such as AMAT (Alliance Management Aptitude Test for Alliance University) and XAT (Xavier Aptitude Test).
Top MBA Colleges in Karnataka Accepting PGCET
The Karnataka Examination Authority (KEA) has allowed candidates to modify their Karnataka PGCET application form until October 26. KEA will later announce the Karnataka PGCET cutoff for 2023, indicating the minimum ranks necessary for admission.
Here are some of the prominent MBA colleges in Karnataka that admit students through the PGCET:
- ISBR Business School
- AIMS Institute
- International School of Management Excellence
- Acharya Institute of Technology (AIT Bangalore)
- Indus Business Academy
Top MBA Colleges in Karnataka Through CAT
The Common Admission Test (CAT) stands out as one of the widely recognised MBA entrance exams, organised annually by various IIMs across the nation.
CAT 2023 is slated for November 26, 2023, with the registration period concluding on September 21, as administered by IIM Lucknow. The issuance of CAT 2023 admit cards for the 3.3 lakh registered candidates is anticipated on November 7, accessible at iimcat.ac.in.
Several leading MBA colleges in Karnataka that consider CAT scores for admissions include:
- IIM Bangalore
- Christ University
- T.A. Pai Management Institute (TAPMI)
- ISBR Business School
- Xavier Institute of Management and Entrepreneurship
Top MBA Colleges in Karnataka: Placement Wise
- When selecting a college, placement records are a crucial consideration.
- While MBA programs are generally associated with high-paying jobs, not all colleges consistently provide the expected high-salary positions.
IIM Bangalore:
- Best management college in Karnataka.
- Offers an average salary of INR 24.5 LPA and a median salary of INR 23 LPA.
T.A. Pai Management Institute:
- Ranks among the top management colleges.
- Provides an average salary of INR 11.06 LPA.
Key Recruiters for Both Colleges Include:
- Amazon
- Goldman Sachs
- HDFC Bank
- Paytm
- ICICI Bank
- Accenture
- Genpact
- And many others.