As the academic year approaches, MBA aspirants gear up for the rigorous admission process at some of the top business schools in India. In this article, we delve into the admission procedures, fees, placements, and selection processes of prominent institutions such as IIFT, SPJIMR, FMS, and TISS for the 2024 intake.
Now is the perfect time to apply for MBA admissions in 2023 at top institutions like IIFT, SPJIMR, MDI, XLRI, IMI, IMT, MICA, SIBM Pune, XIMB, and Great Lakes. Their admission processes are currently open for a few more days. FMS Delhi and TISS will soon start accepting applications. Registration for IIFT 2023, XAT 2024, and SNAP 2023 exams is ongoing, while CAT 2023 registration is closed. Read on to learn about the application deadlines for these renowned MBA colleges and why you should consider applying to them.
The deadline to apply for admission to top MBA colleges in 2024 is approaching fast, with many closing before the CAT 2023 exam date. While applications for IIMs closed on September 21, there’s still time to apply to other prestigious institutions like XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, NMIMS Mumbai, MICA Ahmedabad, SIBM Pune, IMI New Delhi, IMT Ghaziabad, and Great Lakes. IIFT has extended its deadline until Nov 24, 2023, giving one last chance to apply for admission. FMS and TISS are expected to open their applications soon.
Once CAT 2023 registration and IIMs application process are over, the deadlines for many other top MBA colleges will follow suit. These deadlines are usually not extended, so it’s crucial to submit your MBA admission 2024 application to your preferred colleges and also take the respective MBA entrance exams. Before diving into the deadlines, let’s learn a bit more about these MBA colleges.
TOP B SCHOOL (MBA ) COLLEGES APPLICATION DEADLINE NOTIFICATION :-
| COLLEGES | EXAM | DEADLINE |
|---|---|---|
| IIMS | CAT | 21ST SEPT 2023 |
| XLRI | XAT | 30TH NOV |
| SPJIMR | CAT/GMAT | 25 NOV |
| ISB | GMAT | 10 SEPTEMBER (ROUND 1) |
| IIFT | CAT | 24TH NOVEMBER |
| MDI GURGAON | CAT | 25TH NOVMBER |
| FMS | CAT | LAST WEEK OF NOVEMBER |
| TISS | TISSNET | LAST WEEK OF NOVEMBER |
| NMIMS | NMAT | 10TH OCTOBER |
| IMT GHAZIABAD | CAT/GMAT/XAT | 22ND JANUARY |
| IMI DELHI | CAT/GMAT/XAT | 28TH JANUARY |
| FORE SCHOOL OF MANAGEMENT | CAT/GMAT/XAT | 31ST JANUARY |
| SIBM PUNE | SNAP | 24TH NOVEMBER |
| GREAT LAKES | CAT/GMAT/XAT | 10TH APRIL |
| MICA | CAT/MICAT/GMAT/XAT | 16 JANUARY |
| GIM GOA | CAT/GMAT | 2ND JANUARY |
| BITSOM | CAT/GMAT | 28TH MARCH |
| WELINGKAR | Cat/GMAT/XAT/CMAT | 22ND April |
Top MBA colleges in India consider more than just entrance exam scores for admission. They also look at factors like academic background, achievements, diversity, and work experience. These aspects can make a difference in securing admission, even if a student scores well on the entrance exam. This article outlines the deadlines, application fees, accepted exams, and reasons why you should apply promptly to these top MBA colleges for 2023 admission.
TOP B SCHOOL (MBA ) COLLEGES CUTOFF FOR ADMISSION PROCESS:-
| COLLEGES | EXAM | CUT-OFF |
|---|---|---|
| XLRI | XAT | 96%ILE |
| SPJIMR | CAT/GMAT | 96%ILE |
| ISB | GMAT | |
| IIFT | CAT | 95%ILE |
| MDI GURGAON | CAT | 98%ILE |
| FMS | CAT | 99%ILE |
| TISS | TISSNET | 97%ILE |
| NMIMS | NMAT | 242 |
| IMT GHAZIABAD | CAT/GMAT/XAT | 92%ILE |
| IMI DELHI | CAT/GMAT/XAT | 82%ILE |
| FORE SCHOOL OF MANAGEMENT | CAT/GMAT/XAT | 80%ILE |
| SIBM PUNE | SNAP | 98%ILE |
| GREAT LAKES | CAT/GMAT/XAT | 84%ILE |
| MICA | CAT/MICAT/GMAT/XAT | 92%ILE |
| GIM GOA | CAT/GMAT | 90%ILE |
| BITSOM | CAT/GMAT | 96%ILE |
| WELINGKAR | Cat/GMAT/XAT/CMAT | 85 %ILE |
1.IIMS ADMISSION PROCESS 2023 :-
You can apply to all 20 IIMs, such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and IIM Lucknow, by just taking the CAT 2022 exam. You only need to register once for CAT, pay Rs. 2300, and submit your application. There are no additional fees required to apply to each IIM separately.
IIM ADMISSION DETAILS
IIM Ahmedabad, IIM Bangalore, and IIM Kozhikode are highly ranked among B-schools. IIM Calcutta and IIT Delhi are also top-ranked. All 20 IIMs, including newer ones, are ranked among the top 125 B-schools
FEE – The fees for IIMs range from 14 lakhs to 25 lakhs for the entire course.
PLACEMENT- Placements for 2024 have been strong, with average salaries ranging from Rs. 25 to 35 LPA for top IIMs and 12 to 20 LPA for newer ones. Admission for the 2024 batch closed on September 21, 2024.
2. XLRI Jamshedpur Admission 2024: Apply through XAT 2023-Last Date: Nov 30
XLRI, founded in 1949 in Jamshedpur, is a leading management institute in India. It offers PGDM and PGDM (HRM) programs, contributing to the growth of various sectors over the decades. XLRI accepts only XAT scores for admission in 2024, with an additional Rs.200 fee on top of the XAT application fee of Rs.2000. It ranks #9 in the NIRF 2023 Management category and provides a high return on investment (ROI) with a fee of Rs.23.60 lakhs for its 2-year PGDM program.
PLACEMENT – XLRI’s 2021-2023 batch of PGDM and BM programs achieved full placements. The final placement process occurred in two phases. The median annual salary offered to the batch is INR 28 lakhs, with the top 10th percentile earning an average of INR 51.66 lakhs and the 25th percentile earning INR 42.98 lakhs. The average salary rose by 6.5% to INR 32.7 lakhs per year, with the highest domestic salary reaching INR 78.2 lakhs per year.
Key Highlights of XLRI Final Placements 2023:
The median salary offered to the batch stood at INR 28 lakhs per annum with the top 10th and 25th percentile average being INR 51.66 lakhs and INR 42.98 lakhs per annum, respectively.
3. SPJIMR MUMBAI : Admission 2024 ; Last Date- Nov 25
SP Jain Institute of Management and Research (SPJIMR) is a renowned management school located in Mumbai, India’s financial hub. It offers a unique admission process for its high-return PGDM program. According to the NIRF 2023 ranking, SPJIMR Mumbai is ranked #20 among the top 125 B-schools in the Management category. The application fee for the PGDM program is INR 2,000, which is non-refundable. The fee for the PGDM (BM) program at the S. P. Jain Institute of Management and Research (SPJIMR) in Mumbai, India is ₹24 lakhs. This fee includes tuition, basic hostel or accommodation, and Global Fast Track (GFT). Here are the key reasons and unique selling points (USPs) to consider when applying to SPJIMR:
PLACEMENT- In 2023, SPJAIN Mumbai witnessed a significant rise of 33% in the average salary package for the GMBA class, reaching INR 32 lakh. The highest package offered during campus placements soared to INR 72.8 lakh. Notably, 48% of MGB students and 54% of Global MBA students secured international placements, with participation from renowned companies like Amazon, BNED Loudcloud, Aramex, and Bosch Global. In 2023, the average annual salary package stood at INR 33.02 LPA, with a median salary of INR 32.89 LPA. An impressive 92% of the PGDM 2023 batch secured placements with an annual package exceeding INR 25.00 LPA.
4. MDI GURGAON : Admission 2024 ; Last Date-27 NOV
MDI Gurgaon has a rich history as one of India’s pioneering management institutions. Its extensive alumni network, with over 700 new members joining annually, continues to strengthen over time. The institute, established in 1973 by the Industrial Finance Corporation of India, is situated in Gurgaon, a bustling commercial center near New Delhi. It holds the #13th rank in the NIRF ranking by MHRD and charges a fee of INR 22,99,000 for its 2-year PGDM program.
PLACEMENT- Here’s a summary of MDI Gurgaon’s 2023 placement report: The average salary is 27.67 LPA, showing a 3.8% increase from 2022. The highest domestic package offered is 60 LPA. The median package stands at 26.13 LPA, marking an 11.19% rise from 2022. Students in the top 25% received an average package of 37.39 LPA, while those in the top 50% received 32.84 LPA on average. Over half (52.33%) of students secured compensation of 25 LPA or more. The median CTC of the top 10% of the batch is 36.30 LPA.
5. IIFT DELHI : Admission 2024 ; Last Date- 06 DECEMBER
The Indian Institute of Foreign Trade (IIFT) was founded in 1963 under the Ministry of Commerce & Industry to enhance India’s expertise in international trade. It has been recognized as a Grade ‘A’ Institution by the National Assessment and Accreditation Council (NAAC) in both 2005 and 2015. In the NIRF Ranking 2023, IIFT secured the #27th NIRF Ranking among the top 125 B-schools in India.
PLACEMENT- In 2023, the MBA (IB) placements at the Indian Institute of Foreign Trade (IIFT) Delhi recorded an impressive international package of INR 85.4 LPA and a domestic package of INR 76.5 LPA. The average package stood at INR 29.1 LPA, with a median package of INR 26.5 LPA. The top 25% of students secured an average CTC of INR 46.9 LPA.
6. IMT GHAZIABAD: Admission 2024; Last Date- January 22
Founded in 1980, the Institute of Management Technology, Ghaziabad (IMTG), is India’s leading management school accredited by AACSB. It prioritizes cultivating leadership qualities through Innovation, Execution, and Social Responsibility. IMT Ghaziabad has consistently been ranked among the top 50 management institutes in India, securing the 38th position in the NIRF 2023 ranking. The fee for its 2-year PGDM program is 21 lakh.
PLACEMENT- All students from the 2021-2023 PGDM batch at IMT Ghaziabad secured placements, achieving a 100% placement rate. In 2023, the highest package for PGDM students was INR 34 LPA domestically and INR 65.60 LPA internationally.
7. NMIMS MUMBAI : Admission 2024 ; Last Date- 21 NOVEMBER
Narsee Monjee Institute of Management Studies (NMIMS) is a renowned university based in Mumbai, India, offering diploma and master’s level management programs. Established in 1981 by Shri Vile Parle Kelavani Mandal with support from the Narsee Monjee Educational Trust, it attained deemed university status under Section 3 of the UGC Act 1956 in 2003. NMIMS holds the 21st position among the top 100 B-schools in the NIRF ranking. The fee for its 2-year MBA program is 24.90 lakh.
PLACEMENT- In 2023, NMIMS Mumbai’s placement drive saw participation from 148 companies, including 52 new recruiters and 84 Fortune 500 companies. The highest package offered to MBA Core students was INR 67.80 LPA, while MBA HR students received a top package of INR 25.95 LPA. The average package for MBA Core students was INR 26.63 LPA, and for MBA HR students, it was INR 19.56 LPA.
8. SIBM PUNE : Admission 2024 ; Last Date- 23 NOVEMBER
Symbiosis Institute of Business Management (SIBM) Pune, founded in 1978, is a prestigious business school in India and a part of Symbiosis International University (SIU). It provides a two-year full-time MBA program with specializations in Marketing, Finance, Operations, and Human Resources. The fee for the 2-year MBA program at SIBM Pune is ₹23,03,333. SIBM Pune is ranked 17th among the top 100 B-schools in the NIRF ranking.
PLACEMENT- The placement drive at SIBM Pune in 2023 witnessed a 14% increase compared to the previous year. The highest package offered was INR 35.05 LPA, while the average package stood at INR 26.77 LPA. Additionally, students received 111 pre-placement offers.
9. ISB HYDERABAD : Admission 2024 ; Last Date- 21 January 2024
The Indian School of Business (ISB) Hyderabad secured the 32nd position in the Financial Times Global Ranking 2022. Additionally, ISB Hyderabad attained the prestigious Triple Crown accreditation, being recognized by AMBA, EFMD Quality Improvement System (EQUIS), and the Association to Advance Collegiate Schools of Business (AACSB), marking a significant achievement for the institution. For the 2024-25 academic year, the fee for the one-year Postgraduate Program in Management (PGPM) at the Indian School of Business (ISB) in Hyderabad is INR 31,51,000 plus GST. The application process begins in August, with an application fee of INR 7000 plus GST.
PLACEMENT- The Indian School of Business (ISB) in Hyderabad, India, boasts impressive placement statistics. In 2023, the placement rate was 99.4%, with an average package of 33.25 LPA and the highest package reaching 66 LPA. The batch of 845 students received a total of 1,609 offers from 324 recruiters, which included top companies like Accenture, Amazon, Bain & Company, Barclays India, and Deloitte
10. MICA AHMEDABAD : Admission 2024 ; Last Date- 16 JANUARY
MICA, formerly known as the Mudra Institute of Communications, Ahmedabad, is a non-profit business management institute located in Ahmedabad, Gujarat, India. Established in 1991, it specializes in strategic marketing and communication and is the sole residential institute in India dedicated to this field. The PGDM fees for MICA Ahmedabad amount to INR 23 Lakhs for a duration of 2 years, covering tuition fees, residential charges, infrastructure facility charges, and more. MICA holds the 37th position among the top B-schools in the NIRF ranking.
PLACEMENT- The Mudra Institute of Communication (MICA) in Ahmedabad, India, achieved a 100% placement rate for its 2-year MBA program in 2023. Key placement highlights include: Average package: INR 20.09 LPA , Highest package: INR 36 LPA, Median package: INR 19 LPA, Top sectors: Analytics, BFSI, and Consulting, Stipend: The highest stipend was INR 3.5 LPA, while the average stipend was INR 1.02 LPA. The highest stipend for a 2-month duration was also INR 3.5 LPA.
11. TISS MUMBAI : Admission 2024 ; Last Date- 31ST JANUARY
The Tata Institute of Social Sciences (TISS) is a Mumbai-based public university in India, specializing in training professionals in social work and human resources, as well as conducting research on social issues and disseminating knowledge for societal benefit. Established in 1936 as the Sir Dorabji Tata Graduate School of Social Work, it was later renamed the Tata Institute of Social Sciences in 1944. The total tuition fee for the Master of Arts (MA) program at TISS Mumbai varies from INR 68,000 to INR 7.5 lakh. TISS is ranked among the top B-schools in India according to the NIRF ranking.
PLACEMENT- In 2023, the Mumbai-based Tata Institute of Social Sciences (TISS) attained a 90% placement rate. There was a 16.42% rise in compensation provided over the previous year, with the maximum salary being INR 49 LPA. While the median wage increased by 14.44% to INR 25.75 LPA, the mean salary increased by 13.56% to INR 27.22 LPA. Furthermore, the average income for students in the top 10% and top 25% was INR 39.29 and INR 35.45, respectively.
12. GIM GOA : Admission 2024 ; Last Date- 02 JANUARY
Ranked 33rd in NIRF 2023, GIM Goa primarily admits students through CAT, XAT, or GMAT scores, with CAT being the most popular choice among aspirants. The PGDM fees for GIM Goa amount to INR 19.40 Lakhs for a duration of 2 years.
PLACEMENT- The final placement report for 2023 from the Goa Institute of Management (GIM) Goa indicates successful placement of 460 students across various programs including PGDM, PGDM-HCM, PGDM-BDA, and PGDM-BIFS. The highest package offered during GIM Goa placements in 2023 was INR 60.40 LPA for international roles and INR 55 LPA for domestic roles. The average package for PGDM students stood at INR 14.87 LPA. Furthermore, 16% of the MBA/PGDM batch of 2023 received pre-placement offers (PPOs) from esteemed companies such as Deloitte, Amazon, TCS, Accenture, EY, ITC, and Infosys.
13. BITSOM MUMBAI : Admission 2024 ; Last Date- 28 MARCH
BITSoM, located in Mumbai, India, is a private management institute offering a comprehensive two-year full-time MBA program. The curriculum is structured to equip students for the professional arena through hands-on learning and international exposure. The program emphasizes four core principles: a forward-thinking curriculum, distinguished faculty, personalized student development initiatives, and immersive industry engagement. BITSoM welcomes students from diverse academic and professional backgrounds, with median GMAT, GRE, and CAT scores of 690, 319, and 94, respectively.
PLACEMENT- BITSoM Placements 2023: The placement process for 2023 at BITSoM has concluded, with an average package of INR 23.58 LPA and the highest package reaching INR 50.10 LPA.
14. GREAT LAKES, CHENNAI : Admission 2024 ; Last Date- 10 APRIL
The Great Lakes Institute of Management (GLIM) in Chennai, India, founded in 2004 by Dr. Bala V. Balachandran, a Professor Emeritus at the Kellogg School of Management, is committed to equipping students with the skills required to meet current and future market demands. Renowned for its excellence in teaching, research, and community involvement, GLIM holds the 31st position in the NIRF ranking. The fee for its 2-year program is 18 lakh.
PLACEMENT- The Great Lakes Institute of Management in Chennai, India, boasts a remarkable placement record, with nearly all students securing positions in reputable companies with lucrative salary packages. The average salary packages vary from 1.4 LPA to 13 LPA, with the highest package reaching 26 LPA. In 2023, PGPM students received a highest package of INR 34 LPA, with an average package of INR 18.10 LPA. Similarly, PGDM students in 2023 obtained a highest package of INR 46 LPA, with an average package of INR 14.5 LPA.
15. TAPMI MANIPAL : Admission 2024 ; Last Date- 31ST JANUARY
T. A. Pai Management Institute (TAPMI) is situated in Manipal, Karnataka, India, and was founded in 1980. As a part of the Manipal Academy of Higher Education (MAHE), it has earned accreditation from the Association to Advance Collegiate Schools of Business (AACSB), placing it among the top 5% of business schools globally. The two-year fee for its PGDM program amounts to INR 14 lakhs, covering hostel fees as well. TAPMI holds the 42nd position among the top 100 B-schools according to NIRF ranking.
PLACEMENT- T. A. Pai Management Institute (TAPMI) Manipal achieved a 100% placement rate for its 2023 PGDM Marketing and HRM placements, with an average package of INR 14.8 LPA. The highest package offered was INR 24.8 LPA, while the average stood at INR 14.6 LPA. Additionally, the placement rate for TAPMI PGDM 2023 was 100%, with the highest stipend amounting to INR 1,25,000 per month and an average stipend of INR 35,597 per month.
Before applying for admission to top MBA colleges in 2024, make sure to check the following:
Admission Process: Typically starts in August or September, outlining procedures for application submission.
Application Deadlines : Currently open for 2024 admissions but closing soon; ensure timely submission.
Requirements: Meet eligibility criteria including academic qualifications and test scores.
Deadlines: Note specific application deadlines for each college of interest.
Entrance Exams: Confirm accepted entrance exams for desired colleges.
Fees: Understand application fees and associated costs for budget planning.
Selection Criteria: Understand factors influencing candidate selection, beyond academic performance.
Placements: Investigate placement records and career opportunities post-MBA.
Reviews: Seek feedback from current and past students to gauge overall satisfaction.
Support Services: Explore available resources like career guidance and alumni networks for academic and professional support.
| SPJIMR Mumbai Admission | MICA Ahmedabad Admission |
| MDI Gurgaon Admission | IMT Ghaziabad Admission |
| ISB Admission | MASTER UNION Admission |
| IMI Delhi Admission | Great Lakes Admission |
| XLRI Jamshedpur Admission | FORE School of Management Admission |
| K J Somaiya Mumbai Admission | XIMB MBA Admission |
| GIM Goa Admission | SIBM Pune MBA Admission |
| Delhi university MBA Admission | IP University MBA Admission |
| Welingkar Admission | TAPMI Admission |
| BIMTECH Admission | LBSIM New Delhi Admission |
| SDA Bocconi Mumbai MBA Admission | TAPMI MBA Admission |
| SIOM Nashik MBA Admission | KIIT MBA Admission |
| VIT Vellore MBA Admission | IFMR MBA Admission |
| Woxsen University MBA Admission | Jaipuria PGDM Admission |
| Manav Rachna Faridabad MBA Admission | FMS Delhi MBA Admission |
