If you’re looking for more flexibility after graduation and hoping to gain skills that all employers value, then pursuing an MBA degree is right for you. The degree provides in-demand capabilities you need to take on a managerial role, break into a new industry, or simply advance in your career. In this blog, we will cover everything you need to know about pursuing an MBA in government colleges!
Must Read: Top MBA Colleges in India
This Blog Includes:
- Eligibility Criteria
- Admission Process
- Exams Accepted by Govt. Colleges for MBA
- Fees of Top Govt Colleges
- Top Government Colleges for MBA
- List of Top Govt Colleges for MBA with Low Fees
- Top MBA Specializations in India
- Govt Scholarships for MBA in India
There are some eligibility criteria which should be fulfilled by every applicant for MBA
- Students who want to pursue MBA in a government college must have a minimum 3-year bachelor’s degree in any discipline or equivalent qualification with a minimum of 50% aggregate marks.
- Applicants who belong to reserved categories can apply for such a course with a bachelor’s degree with a minimum of 45% aggregate marks.
- Applicants having 2 years of work experience will get an advantage in the admission process.
One of the most well-known management entrance tests, the CAT (Common Entrance Test), is administered by one of the IIMs for admission to 20 IIMs and other prestigious B-schools across India. It is planned to occur during the last week of November. The CAT results are used by the top MBA institutions in India to select students for subsequent rounds, which may involve group discussions (GD), writing abilities tests (WAT), or both, and personal interviews (PI).
IIFT is a common management entrance exam offered by the National Testing Agency for enrollment in MBA IB programmes (Indian Institute of Foreign Trade). Several prestigious government MBA programmes in India also accept MAT results. For admission to more than 500 business schools across India, it is held four times a year.
Exams Accepted by Govt. Colleges for MBA
To get admission to a government college for MBA, you need to give an entrance exam. Here is the list of exams that are being accepted by government colleges.
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Fees of Top Govt Colleges
The top public and government MBA schools in India are listed below, along with the total cost of the programme:
|College Name||Total Course Fee|
|Indian Institute of Management, (IIM) Ahmedabad||INR 16.99 lakh|
|Indian Institute of Management, (IIM) Bangalore||INR 24.50 lakh|
|Indian Institute of Management, (IIM) Calcutta||INR 24 lakh|
|Indian Institute of Technology, (IIT) Delhi||INR 10.40 lakh|
|Indian Institute of Management, (IIM) Kozhikode||INR 20.50 lakh|
|Indian Institute of Management, (IIM) Lucknow||INR 12.60 lakh|
|National Institute of Industrial Engineering, (NITIE) Mumbai||INR 13.43 lakh|
|Indian Institute of Technology, (IIT) Madras||INR 9.14 lakh|
|Indian Institute of Technology (IIT) Bombay||INR 8.27 lakh|
Top Government Colleges for MBA
Here is the list of top colleges of government for MBA applicants. These are the prestigious colleges of India. Since MBA is one of the most coveted courses in India, return on investment always remains a big attraction and proves to be substantial. Though MBA gives you a launchpad in the corporate world the price paid for it sometimes might not suit your pocket. Here are some top tier 1 Government MBA colleges which provide the best ROI in the country.
Indian Institute of Management Ahmedabad
IIM Ahmedabad is Ranked 1 by the NIRF 2020, IIM Ahmedabad is considered as the best institution for Management Education in India. It was established in 1961. This institute is known for its two-year, full-time residential flagship PGP (also referred to as MBA) programme that offers admission based on a valid score in CAT. The percentile of CAT for IIM Ahmedabad reached up to 99.6 in the past years which shows how rigorous it is for a student to get admission to this institute. It is famous for its excellent placement record and high ROI. This MBA government college has maintained a record of placing 100% of students over the year. In the 2019 placements, a student from IIM Ahmedabad was able to bag the highest domestic package of Rs 70 lacs per annum while the international package stood close to Rs 84 lacs per annum.
Indian Institute of Management Bangalore
Indian Institute of Management Bangalore (also known as IIM Bangalore) is among the top graduate schools for Management education in Asia. Established in the year 1973, it admits over 1,200 students across several programmes every year. In the recently released NIRF 2020 ranking, IIM Bangalore was ranked 2 among the top 100 B-schools in India. Approximate fee: Rs 15 lakh per annum and the total seats are 375.
Indian Institute of Management Calcutta
IIM Calcutta is one of the most popular MBA government colleges and was established in 1961, it was the first institute established under the IIM legacy. Ranked 3 under the Management category by NIRF 2020, IIM Calcutta is considered one of the best B-schools in the country for Management education. Popularly known as IIMC, the Institute has consistently seen a good number of recruiters and students who have served in reputed firms across the world. Approximate fees: Rs 13.5 lakh per annum and the total seats are 462.
Indian Institute of Management Lucknow
The fourth member in the list of IIMs, the Indian Institute of Management (IIM), Lucknow is a public business school located in Uttar Pradesh. Ranked 4 for IIMs by NIRF 2020 and 5 for IIMs by Outlook 2020, it is recognised as an Institution of Excellence by the Ministry of HRD, Government of India. Approximate fee: Rs 12 lakh per annum and the total seats are 407.
Indian Institute of Management Indore
Founded in 1996, the Indian Institute of Management (IIM), Indore was the sixth IIM established under the IIM legacy. Ranked 7 for MBA by NIRF 2020, it is one of the prominent B-schools in the country with autonomous status. IIM Indore has a 193-acre campus area that is equipped with all the latest teaching aids, rich learning resources, a strong IT backbone and state-of-the-art hostels with contemporary infrastructure. Approximate fee: Rs 6.5 lakh per annum and the total seats are 228.
Faculty of Management Studies
Faculty of Management Studies, popularly known as FMS Delhi, is a constituent of Delhi University and is counted amongst the country’s best management colleges. It was founded in 1954 on the campus of the Delhi School of Economics. The MBA government college offers exciting programmes for working programmes like the FMS Executive Program to boost their careers. Admission is taken based on the CAT (95%) Score. Approximate Fees: INR 10,480 per annum and seats are 228
Indian Institute of Foreign Trade
Set up in 1963 by the Government of India as an autonomous organisation, the Indian Institute of Foreign Trade (IIFT) Delhi has later conferred the status of a deemed-to-be University. Accredited with an ‘A’ Grade with NAAC, IIFT Delhi was ranked 26 for MBA by NIRF 2020 and 27 for MBA by Outlook 2020. This institute offers a two-year MBA programme in International Business as its flagship course. The admission at IIFT is taken based on CAT, and GMAT (575) Scores. Approximate Fees: INR 10 Lakhs per annum and seats are 205.
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List of Top Govt Colleges for MBA with Low Fees
A government college’s MBA programme has affordable tuition. These affordable top government MBA schools are listed below.
|Colleges||Annual Fees (INR)|
|Jamia Millia Islamia University||65,100|
|The University of Delhi, Faculty of Management Studies||96,000|
|Institute of Management Studies, Banaras Hindu University||1,20,767|
|Department of Commerce, University of Delhi||15,696|
|Department of Management Studies, Anna University||20,500|
|University of Jammu||78,071|
|Maharaja Sayajirao University of Baroda||14,500|
|Department of Management Science, Savitribai Phule Pune University||66,194|
|University Business School, Panjab University||17,365|
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Top MBA Specializations in India
For candidates who are better than others and meet the requirements for MBA admission, some universities, like LPU, grant scholarships. The minimum graduation requirement for any accredited university is 50%. Below is a list of the top MBA programmes offered in India:
- MBA Marketing and Sales
- MBA Human Resource
- MBA Banking and Finance
- MBA International Business
- MBA Retail Management
- MBA Business Analytics
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Govt Scholarships for MBA in India
For MBA students, a variety of governmental entities offer full-time management scholarships. Check out the list of five renowned MBA scholarships available in India below:
- Post Graduate Merit Scholarship For University Rank Holder
- ONGC Foundation Scholarship Scheme for OBCs
- Post Graduate Scholarship for Professional Courses for SC/ST
- Merit cum Means Scholarship for Professional and Technical Courses
- OPJEMS (O. P. Jindal Engineering & Management Scholarships)
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According to the NIRF ranking, some of the top Government MBA colleges are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, FMS Delhi, JBIMS Mumbai, Department of Management Studies at IITs and IISc Bangalore, to name a few.
MBA aspirants seeking admission to a Government MBA college should first fill up the application form and appear in at least one MBA entrance exam which is accepted by the institute. Upon shortlisting, they will be called for the final round of the admission process, which is either a Group Discussion (GD), Writing Ability Test (WAT) and Personal Interview (PI) or Counselling.
The top MBA entrance exams accepted by the Government MBA colleges include CAT, CMAT, MAT, IIFT and MAH CET, among others.
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