Gurugram is located near the Indian capital, Delhi so, this is also a corporate hub. This city has one of the best corporate environments with career opportunities, modern infrastructure, excellent connectivity, diverse culture, and entertainment options. Gurugram as an Educational Hub . There are 62 Top MBA Colleges in Gurgaon Of these, three colleges are owned by public or government entities, while the remaining 38 are privately owned. Top MBA colleges in Gurugram accept types of entrance exams, including MAT, CAT, CMAT, and XAT. Among the well-known MBA schools in Gurgaon are Management Development Institute, Great Lakes Institute of Management, JK Business School, Amity University Gurugram, IILM University, etc.
| Parameters | Particulars/Statistics |
|---|---|
| Number of MBA Colleges | 61 |
| Annual Fees | INR < 1 lakh: 9 colleges INR 1-2 lakh: 8 colleges INR 2-3 lakh: 6 colleges INR 3-5 lakh: 13 colleges INR > 5 lakh: 30 colleges |
| Top Specialisations | Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc. |
| Accepted Entrance Exams | CAT, XAT, CMAT, MAT, etc. |
When planning to pursue an MBA or PGDM in Gurugram in 2024, There are usually a few steps required. An overview of the admissions procedure is given below:
âś…Entrance Exams:Â Many MBA and PGDM Colleges in Gurugram require applicants to take entrance exams. Although CAT is a widely recognized test, the others entrance exams such as XAT, MAT, or CMAT also taken consideration or a regular university exam.
âś…Â Before applying verify the entrance requirements for the MBA Colleges you are interested in
✅ You must submit an application to the MBA program, which you should do once you got your result from the entrance exam.
âś…Application Process:To apply online, go to the official website of the business schools and follow the steps given.
âś…The necessary documents, which includes a declaration of purpose, letters of recommendation, admission test results, and academic records, must be provided by the student.
âś…Academic Performance:Â Academic records, particularly undergraduate grades, often feature prominently in the admission process.
âś…Work Experience: Certain MBA programs, especially Executive MBA programs, require candidates to possess a specific amount of prior work experience.
âś…Group Discussion and Personal Interview:Â Shortlisted candidates are typically invited to participate in group discussions and personal interviews to assess their communication skills, problem-solving abilities
Also read– MBA Admission 2024
| Top Specialisations | Number of Colleges |
|---|---|
| Finance | 30 |
| Human Resources | 29 |
| Sales & Marketing | 29 |
| International Business | 18 |
| IT & Systems | 16 |
| Business Analytics | 16 |
The following is an overview of general requirements for admission in the top MBA college in Gurugram:
✅A bachelor’s degree or an equivalent qualification in any field from an accredited college or institution is required of candidates, with a minimum cumulative GPA of 50%.
âś…Many MBA colleges in Gurgaon consider national-level entrance exams scores such as CAT, MAT, XAT,CMAT etc.
âś…Applicants are required to meet the minimum cutoff scores set by the top colleges.
| Exams | Number of Colleges |
| MAT | 31 |
| CAT | 30 |
| CMAT | 18 |
| XAT | 17 |
| CUET-PG | 15 |
The top MBA program in Gurugra is listed in the table below, along with the NIRF ranking for the previous three years.
College Name | NIRF 2021 | NIRF 2022 | NIRF 2023 |
|---|---|---|---|
Great Lakes Institute of Management, Gurgaon | NA | 52 | 62 |
BML Munjal University | 41 | 54 | 72 |
Amity University Haryana, Gurgaon | NA | 92 | 81 |
| Private Colleges | Total Fee/Seat Intake | Entrance Exams | Eligibility |
| Management Development Institute Admissions | INR 18 lakh – INR 25 lakh Seats: 420 | CAT | Graduation with 50% aggregate |
| Amity University, Gurugram Admissions | INR 7 lakh – INR 16 lakh | CAT, XAT, GMAT, MAT, etc. | Pass in 12 with 60%,Graduation with 50% aggregate |
| JK Business School Admissions | INR 8 lakh Seats: 120 | CAT, XAT, CMAT, etc. | Graduation with 50% aggregate |
| School of Management, BML Munjal University Admissions | INR 12 lakh – INR 18 lakh | CAT, XAT, CMAT, NMAT, etc. | Pass in 12 with 60%,Graduation with 50% aggregate |
| Great Lakes Institute of Management Admissions | INR 7 lakh – INR 11 lakh Seats: 20,540 | CAT, XAT, CMAT | Graduation with 60% aggregate |
| Private Colleges | Total Fee/Seat Intake | Entrance Exams | Eligibility |
| Gurugram University Admissions | INR 66,000 – INR 1.4 lakh Seats: 160 | MAT, CAT, CMAT, etc. | Pass in Class 12 and in graduation with 50% aggregate |
| M.D.U. Centre For Professional and Allied Studies Admissions | INR 75,000 – INR 2 lakh Seats: 300 |  CAT etc | Pass in Class 12 and in graduation with 50% aggregate |
| Shri Vishwakarma Skill University Admissions | INR 86,000 – INR 96,000 Seats: 60 | MAT, CAT, XAT, etc. | Graduation with 60% aggregate |
MBA fees vary significantly based on factors such as the business school’s reputation, location, program duration, specialization, and the resources offered. On average, MBA fees can range from around 1.5 lakhs to over 25 lakhs for the entire program. The best MBA programs in Gurgaon are listed in the table below, along with their cost and average annual packages.
| College Name | Total Tuition Fee | Annual Average Package |
|---|---|---|
| Management Development Institute MBA | INR 17.9 lakh – INR 25.1 lakh | INR 25 LPA – INR 27 LPA |
| Great Lakes Institute of Management MBA | INR 7.1 lakh – INR 11.1 lakh | INR 11.4 LPA |
| School of Management, BML Munjal University MBA | INR 11.9 lakh – INR 18.01 lakh | INR 6.8 LPA – INR 8 LPA |
| IILM University MBA | INR 9.01 lakh – INR 13 lakh | INR 9.02 LPA |
| IBMR Group of Institutions MBA | INR 5.02 lakh – INR 5.9 lakh | INR 6.2 LPA |
The following is a list of the best MBA programs in Gurgaon, complete with fees and college names:
| College Name | Fee Range |
| GD Goenka University, Gurugram University, Imarticus Learning, etc. | INR < 1 lakh |
| Global Institute of Technology and Management, Gurugram University, M.D.U. Centre For Professional and Allied Studies, etc. | INR 1-2 lakh |
| St. Andrews Institute of Technology and Management, DPG Degree College, NIIT, etc. | INR 2-3 lakh |
| IBMR Group of Institutions, G.D. Goenka University, SGT University, etc. | INR 3-5 lakh |
| Management Development Institute, Great Lakes Institute of Management, School of Management, BML Munjal University, etc. | INR > 5 lakh |
MBA salaries in India depend on the college faculty and placement cell. It’s important to note that these are approximate figures, and actual salaries can vary based on individual performance, negotiation skills, location, economic conditions, and other factors. Furthermore, salaries tend to increase as professionals gain experience and progress in their careers.
Here’s a general overview of average MBA salaries across various industries in India:
Consulting: Management consultants often receive attractive starting salaries, ranging from â‚ą8 lakh to â‚ą20 lakh per annum or more, depending on the firm and the candidate’s background.
Finance: Graduates entering investment banking, corporate finance, or financial analysis roles might earn starting salaries of â‚ą8 lakh to â‚ą15 lakh per annum, with potential for higher earnings with experience.
Marketing: Marketing managers can earn starting salaries ranging from â‚ą6 lakh to â‚ą12 lakh per annum. Salaries might be higher in industries like FMCG (Fast-Moving Consumer Goods) and retail.
Information Technology: MBA graduates in IT management roles can start with salaries of around â‚ą7 lakh to â‚ą15 lakh per annum, depending on the company and the role.
Operations Management: Starting salaries for operations managers can range from â‚ą6 lakh to â‚ą12 lakh per annum.
Human Resources: HR professionals might earn starting salaries of â‚ą5 lakh to â‚ą10 lakh per annum, with potential for growth as they gain experience.
Entrepreneurship: Entrepreneurs’ earnings can vary significantly based on the success of their ventures. Some might earn modest incomes initially, with the potential for significant rewards as the business grows.
E-commerce and Retail: With the growth of e-commerce, roles in this sector can offer starting salaries from â‚ą6 lakh to â‚ą12 lakh per annum.
Healthcare and Pharma: MBA graduates in healthcare management roles might start with salaries ranging from â‚ą6 lakh to â‚ą12 lakh per annum.
This article defined the top MBA Colleges in Gurugram and the potential value of MBA programs career opportunities and salary. I hope this article MBA Colleges in Gurugram will help you to find the best postgraduate college for your bright future.
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