Pursuing further education, especially in the field of management is a big step for aspiring managers. The future scope & opportunities landed by a student, is dependent on various factors, such as the university, course type, international & national affiliations, faculty, campus and the overall experience. The following list of the best MBA colleges in West Bengal, most of which can be found in the city of Kolkata, serves as an effective guide for prospective MBA options for students:
1. IIM Calcutta
Motto: Jñānam Sarvahitāya (Knowledge for the benefit of all)
Type: Public business school
Chairman: Shrikrishna Kulkarni
Director: Anju Seth
Location: Joka, Kolkata, West Bengal, India
Indian Institute of Management Calcutta (IIM Calcutta or IIM-C) is a public business school situated in Kolkata. It is also the first Indian Institute of Management to be established in the country. It has been recognized as an Institute of National Importance by the government of India. IIM Calcutta is the first institute to be recognized as a triple-accredited business school in India. As one of the top 10 best MBA colleges in India and West Bengal and the best MBA college in Kolkata, the institute is a part of the CEMS Global Alliance in Management Education. In 2018, IIM Calcutta was ranked third among management schools by the National Institutional Ranking Framework (NIRF).
The main campus of IIM Calcutta is about 135 acres of land. It is located on the outskirts of Kolkata, Joka. The main campus accommodates Audi (the auditorium), the BC Roy Memorial Library, the Financial Research and Trading Lab, amphitheatre lecture halls, computer laboratories, incubation areas, faculty offices, classrooms and syndicate rooms. The campus includes 4 main hostels for students pursuing PGDM, PGDCM and Fellow programmes.
IIM Calcutta offers 5 full-time Management programmes:
- Post Graduate Diploma in Management (PGDM) – A full-time MBA programme for two years.
- PGDBA – A full-time BA programme for two years.
- FPM – Doctoral programme
- MBA for Executives (MBAEx) (Formerly known as Post Graduate Programme for Executives or PGPEX) – A full-time MBA programme of one year for Executives
- PGPEX-VLM – A full-time Executive MBA programme for one year
IIM Calcutta, being a member of the Global Alliance in Management Education (CEMS), offers the CEMS Masters in International Management degree.
IIM-C also offers other programmes such as:
- Executive Education: Management Development Programmes (MDP) and Custom Corporate Programmes
- Management Programmes for Armed Forces Officers (AFP)
- Distance Education programmes via HughesNet Global Education and NIIT Imperia
- Research and Consultancy programmes
There are several student-run clubs and bodies at IIM C which are responsible for conducting several events throughout the year. Some of them are Centre of Entrepreneurship and Innovation, Consulting Club, Finance and Investments Club, Initiative for Community Action (INCA), HUES Club, OutThink and many more.
Intaglio is the annual international B-school summit of IIM C. It also hosts Lattice, which is the annual business symposium organized by the MBA students, and Carpe Diem, the annual cultural fest, every year, which is usually for a 3-day weekend in February.
2. IIT Kharagpur
Motto: योगः कर्मसु कौशलम् (Excellence in action is Yoga)
Type: Public technical university
Affiliations: Institute of National Importance
Chairman: Sanjiv Goenka
Director: Virendra Kumar Tewari
Location: Kharagpur, West Bengal, India
Indian Institute of Technology Kharagpur (IIT Kharagpur or IIT-KGP) is a public technical and research university inaugurated in 1951 by the Government of India. It is distinguished as an Institute of National Importance. In 2019, it was bestowed the status of Institute of Eminence by the Government of India.
IIT Kharagpur has a campus of 8.5 square kilometres (2,100 acres) and has nearly 22,000 residents. The campus has 19 academic departments, 8 multidisciplinary centres, and 13 schools of excellence and more than 25 central research and development units. Apart from the main building, the campus has the Srinivasa Ramanujan Complex, the Takshashila building and Vikramshila which host other academic blocks. IIT Kharagpur has approximately 600 faculty members, 1,900 employees and 10,000 students residing on the campus. There are 22 student hostels. The Jnan Ghosh stadium and Tata Sports Complex are two of its sports complexes. There is the Tagore Open Air Theatre which has the capacity for 6,000 people and is used to organize cultural programs.
The Science and Technology Entrepreneurs’ Park (STEP) facilitates infrastructure for the alumni who have entrepreneurial ideas but lack the infrastructure to start their firm. The very famous museum, called the Nehru Museum of Science and Technology has more than a hundred indoor exhibits with technical models, collected from institutions across the nation. The campus has 6 guest houses, a civic hospital, 4 nationalised banks, 4 schools, a railway reservation counter, a police station, a water pumping station, an electrical substation, telephone exchange, a market, 6 restaurants, and a garbage disposal section for meeting the daily requirements of its residents. The main building of IIT-KGP
has the Central Library which includes more than 350,000 books and documents, and is subscribed to more than 1,600 printed and online journals and conference proceedings.
IIT-KGP offers courses in Bachelor of Technology (BTech.Hons), Bachelor of Architecture (BArch) and the 5-year Integrated Master of Science, to which students are qualified through the Indian Institute of Technology Joint Entrance Examination (IIT-JEE).
The postgraduate programmes include Master of Technology (MTech), Master of Business Administration (MBA), and Master of Sciences (MSc). Apart from these, Master of Human Resource Management (MHRM), Postgraduate Diploma in Information Technology (PGDIT), Master in Medical Science and Technology (MMST), MCP, LL.B in Intellectual Property Law (LL.B Honors in IP Law), and PGDMOM are some of the specialised postgraduate programmes offered by IIT Kharagpur.
Being one of the top 10 best MBA colleges in West Bengal, IIT Kharagpur offers a unique, tri-institute programme, Post Graduate Diploma in Business Analytics (PGDBA), in association with IIM Calcutta and ISI Kolkata. The institute provides the Continuing Education Programme (CEP). This program is meant for competent engineers and scientists to learn technological developments in their fields. Under CEP, formal degree programmes (MTech and PhD) and an Early Faculty Induction Programme (EFIP) under the Quality Improvement Programme (QIP), short-term courses are offered, which are supported by the All India Council for Technical Education, along with certificate courses conducted as distance education.
The admissions are made through the Graduate Aptitude Test in Engineering (GATE) for M.Tech and Joint Admission to MSc (JAM) for MSc. It also offers an M.S. (by research) programme. The institute offers the Doctor of Philosophy degree (PhD), where the students are given a topic by a professor, or work on the consultancy projects sponsored by industry. The duration of the programme usually remains unspecified and dependent on the discipline. Teaching assistantships (TA) and research assistantships (RA) are provided to them based on their academic profile.
The Indira Gandhi Centre for Atomic Research has joined hands with IIT-KGP to research the design and development of Fast Breeder Reactors, which has been recognized as a major development in the second stage of India’s nuclear power programme. IIT-KGP receives the best placements from recruiters of national and international reputation. Google, Facebook, Deutsche Bank, Microsoft, Goldman Sachs are few among them. The alumni of IIT-KGP are famous personalities worldwide.
3. International Management Institute Kolkata (IMI)
Motto: Shaping global leaders for tomorrow
Type: Private Business School
Chairman: Mr Sanjiv Goenka
Director: Dr Arindam Banik
Location: 2/4C, Judges Court Road Alipore, Kolkata, West Bengal, India
Affiliations: NBA, AICTE
International Management Institute (IMI) Kolkata was established in 2010. In 2011, the Post Graduate Diploma in Management Programme, a 2-year program was started officially. It is accredited by the National Board of Accreditation (NBA). In 2017, the Institute was also licensed by the All India Council for Technical Education to start the Fellow Programme in Management (FPM) which is a PhD level programme.
The campus building is divided into two parts: an academic block and a residential block. The hostels are facilitated with well-furnished single occupancy rooms for both boys and girls. There is a common room for indoor games and a gymnasium. The entire campus is Wi-fi enabled. Classroom lectures are conducted with the latest audio-visual facilities.
The criteria of selection for the two-year PGDM program is based on the Common Admission Test (CAT) score of the applying candidates. IMI Kolkata also holds a doctoral-level programme called Fellow Programme in Management (FPM) for scholars and researchers who are interested in exploring their fields of management.
IMI-Kolkata has four Centres of Excellence that upholds the standards of the institute as one of the best MBA colleges in West Bengal. They cover the areas of Financial Markets, Retail, Corporate Governance and Social Responsibility, Asian Studies and Consumer Studies.
I-Konfluence, Confero and Converse are the institute’s annual festivals.
The faculty members of the institute are actively engaged with various research projects under globally recognized agencies and universities such as the National Foundation for Corporate Governance, Space Applications Centre (ISRO), BRICS (Rio de Janeiro), Curtin University and many such other organizations. In 2014, 96 per cent of the students secured placements at some renowned organizations like PwC, KPMG, Yes Bank and a few others.
4. Indian Institute of Social Welfare & Business Management (IISWBM)
Type: Public Business School
President: Partha Chatterjee
Director: Dipankar Das Gupta
Location: College Square West, Behind, Calcutta University, College Square, Kolkata, West Bengal, India
Affiliations: University of Calcutta, AICTE
The Indian Institute of Social Welfare & Business Management (IISWBM) is an autonomous business school in Kolkata. In 1953, it became the first institute in Asia to offer a degree course in MBA. IISWBM is the 3rd best institute in Kolkata and 4th among the best MBA colleges in West Bengal. The institute was ranked 34th among management schools by the Business Today’ “India’s Best B Schools 2014”. According to the Economic Times B-School Survey, IISWBM was ranked 33rd in Human Resource Management and 37th in the overall ranking. It was ranked 23rd under Public B-School Category by Business World in 2017. It is ranked 7th among the MBA institutes all over India, and 9th in the research field.
IISWBM is a large campus, hosting separate hostels for male and female students, a library, a language lab, a students activity centre and gym.
The Institute offers the following study programs:
- Master of Business Administration (MBA)
- (HRM) Master of Business Administration
- Master of Business Administration in Public Systems Management (with specialization in Environment Management, Energy Management, Healthcare & Hospital Management, Transportation and Logistics Management)
- MBA (Evening): A two-year program for Working Professionals.
- Executive Post Graduation Programme in Management (EPGPM)
- Post Graduate Diploma in Sports Management (PGDSM)
- Master in Retail Management: A two-year full-time program)
- MSW (Masters in Social Welfare): A two-year, full-time course under University of Calcutta
- PhD & M.Phil under University of Calcutta
Placements at IISWBM have improved over the past years. The 2017-19 batch saw a placement record of 89.2% from all the sectors. IISWBM follows One Company-One Student placement policy. The students also get summer internships at the institute. In 2019, there was a 100% placement record in the MSW program while MBA HRM had the lowest percentage of students placed at 70%.TCS, HSBC, Cognizant, Reliance Industries, Dabur, ITC, Hindalco, Philips, Amazon and PwC are the corporations in partnership with IISWBM. ‘Survey’ is a management journal published by the institute.
5. Calcutta University
Motto: Advancement of Learning
Chancellor: Governor of West Bengal
Vice-Chancellor: Sonali Chakravarti Banerjee
Location: 87, 1, College St, Calcutta University, College Square, Kolkata, West Bengal, India
Affiliations: UGC, NAAC, AIU, AICTE
The University of Calcutta, also known as Calcutta University (CU), is a collegiate public state university in Kolkata. It was established on 24 January 1857 and is recognized as one of the first institutions in Asia to be established as a multidisciplinary and Western-style university. The university is perceived as a “Five-Star University” in India. It has been allotted “A” Grade by the National Assessment and Accreditation Council. With more than 135 colleges affiliated to the institute, University of Calcutta stands 5th among the top best MBA colleges in West Bengal.
The university has fourteen campuses spread all over the city of Kolkata and its outskirts. Asutosh Siksha Prangan, also called the College Street Campus, is the main campus of the university, where the administrative work is done. Rashbehari Siksha Prangan, also known as University College of Science, Technology & Agriculture or commonly known as Rajabazar Science College is located on Acharya Prafulla Chandra Road in Rajabazar. It houses several scientific and technological departments. Sahid Khudiram Siksha Prangan, also known as Alipore Campus, located at Alipore, is the Humanities campus of the University. The University has 18 research centres as well. The university has 17 hostels, out of which, 13 hostels are for ‘paying guest’ students, dispersed all over the city.
The University provides courses for Undergraduate under 3-year and 4-year programs, depending upon the discipline chosen by the student. Most of the departments also provide courses for postgraduate and doctoral degrees.
The notable alumni of the University include scientists, engineers, world leaders, Nobel laureates and teachers. The university produces the most number of students entitled to the doctoral entrance eligibility exam in Natural Science & Arts conducted by the Government of India’s National Eligibility Test. This enables them to pursue research with a full scholarship sponsored by the Government of India.
UGC awarded CU the status of “Centre with Potential for Excellence In Particular Area” and “University with potential for excellence”. NIRF ranks CU 12th in India in the overall category and 5th among the universities. CU is also a member of the United Nations Academic Impact.
6. Bengal Institute of Business Studies (BIBS)
Motto: Learning for Life
Type: Private business school
Chairman: Vidur Kapoor
Location: 18D Lakeview Road, Lake Terrace, Ballygunge, Kolkata, West Bengal, India
Affiliation: Vidyasagar University
Bengal Institute of Business Studies (BIBS) is a private business school in Kolkata, established in 2008. It serves as a renowned management institution in the eastern part of the country. BIBS Kolkata, affiliated to Vidyasagar University. Vidyasagar University is a 3 Star – NAAC approved university, run by the state government. BIBS is the 2nd Best Business School in Kolkata and the 5th best in Eastern India according to the survey conducted by The Times of India.
The institute offers postgraduate programs in management. The programs it provides are:
These are all two-year, full-time programs.
PGPFM (Post Graduate Program in Financial Management) is associated with the National Stock Exchange (NSE) to enable students to achieve excellence in the field of financial services.
BIBS uses the LEAP Methodology (Live learning, Entrepreneurship, Active mentorship, Placement) to school its students for the MBA Programme. Marketing, Finance, and Human Resource Management are the subjects from which the students have to choose their major. Some of the minor options offered are Infrastructure, Advertising & Promotional Strategy, Logistics & SCM and FMCG & Consumer Durable.
The institute also offers the I-MBA program, a full-time industry integrated MBA course. The students can work along with completing their studies. This not only helps them improve their skills by learning from a practical environment apart from classroom learning but also lets them fund their education. The students gain 15–18 months of work experience with some leading companies across all the sectors.
Known for being one of the best MBA colleges in West Bengal, IBS Kolkata also emphasizes research and consultancy and conducts seminars, academic conferences, and research publications. The institutes associated with BIBS are IIM Ahmedabad (NICMAN), Thomas Assessments, CREDAI, NEN, TiE. The associated institutes provide its students with a platform to take forward their entrepreneurial ideas.
7. Calcutta Business School (CBS)
Motto: Creating, managing and leading successful
Type: Private Business School
Director: Shekhar Chaudhuri
Location: Diamond Harbour Road, Bishnupur, South 24Parganas, Kolkata, West Bengal, India
Calcutta Business School (CBS) is an autonomous private business school near Kolkata. It is a residential campus which was established in 2008. CBS is in MOU with The Bengal Chamber of Commerce & Industry in the area of education and training. It also hosts a tie-up with the Statistical Analysis System for data science. It is further in pact with SAS for its certificate course. Ranked among the top best MBA colleges in West Bengal, CBS has also received “Asia’s fastest-growing private educational institute” award in 2014.
The campus is well-equipped with various amenities and is spread over a vast area of 15 acres. They include a Management Development & Research Cell, licensed IT software and databases, a Data Center, the administrative block, the academic block, a gymnasium, a medical center, separate hostels for Male and female students, and transportation facilities.
The courses it offers are:
- Post Graduate Diploma in Management (PGDM)
- Certificate Course In General Management
The PGDM is a two-year, full-time program. Apart from that, there are several other Management Development Programs (MDPs). Students can specialize in Marketing Management, Human Resource Management, Financial Management and Operations Management.
The criteria for admission to CBS is to have graduated with a minimum of 50% marks from any discipline from a University recognized by the UGC or the AICTE, additional to the GD-PI scores. It is mandatory for candidates to hold a valid scorecard of entrance examinations like MAT, XAT, CMAT, GMAT, ATMA and JEMAT. CBS provides International study tours, Autumn and Summer Internships, industry visits and many other such exposures to its students.
Reliance Industries Ltd., VIVO, Amazon, PWC, Nestle, Berger, Godrej, Edelweiss, Birla Sun Life Insurance, Indiabulls and Britannia are some of its leading recruiters.
8. Institute of Engineering & Management Kolkata (IEM)
Principal: Dr A K Nayak
Location: Sector V, Salt Lake, Kolkata, West Bengal, India
The Institute of Engineering & Management (IEM) is a private engineering and management school located in Kolkata. It was established in 1989 and is the oldest private engineering school in West Bengal. IEM is certified as a grade ‘A’ college by NAAC. Ranked 79th among all engineering colleges in India by the Engineering Ranking Publication under NIRF in 2016. It ranked 101st in 2019. The institute has received the award for the best private engineering college in West Bengal.
The undergraduate courses it provides are Bachelor of Technology (B.Tech), Bachelor of Computer Applications (BCA) and Bachelor of Business Administration (BBA). The institute offers MBA, M.Tech and M.Sc. in Information Science and postgraduate diploma courses in Management Studies as the postgraduate programs. It also offers a PhD in Electronics and Communication Engineering.
The Institute of Engineering & Management upholds the standards set as one of the best MBA colleges in West Bengal. To do so, the campus is well facilitated with computer, electronic, mechanical, electrical and science labs, library, convention halls, seminar rooms, gyms for boys and girls, activity halls and much more.
Leading & renowned recruiters at IEM include Infosys, Capgemini, Cape Electric, Cognizant, Ericsson, HCL, IBM, Indiamart.com, Keeves, Mphasis Odessa Technologies, Oppo, Siemens, Skytech Solutions and Tech Mahindra.
9. Bharatiya Vidya Bhavan Institute of Management Science Kolkata (BIMSKOL)
Location: FA Block, Sector III, Bidhannagar, Kolkata, West Bengal
Affiliation: MAKAUT, Department of Higher Education (Government of West Bengal)
BIMSKOL is a private management institute in Kolkata and one of the best MBA colleges in West Bengal, established in 1938. The institute has received the license from the All India Council for Technical Education (AICTE) and the Department of Higher Education (Technical Education) of the Government of West Bengal. In 2018, India Today ranked BIMSKOL among the top five business schools of Kolkata.
BIMSKOL is a well-established institution with all facilities such as smart classrooms, communication labs, computer labs, library, seminar hall, and canteen.
Courses offered by BIMSKOL are:
- MBA/BBA/PGBA Business Analytics
- MBA in:
The MBA programmes are all two-year, full-time courses. The MBA programme is affiliated to the Maulana Abul Kalam Azad University of Technology and is approved by the All India Council for Technical Education (AICTE) and the Department of Higher Education (Technical Education) of the Government of West Bengal. The study courses in BBA, BBA in Risk & Insurance Management, and BBA in Supply Chain Management are affiliated to the Maulana Abul Kalam Azad University of Technology. These are all three-year, full-time courses.
Admission to these courses is based on the performance in MAT, JEMAT, or any other equivalent exam, followed by sessions of Group Discussion and Personal Interview. The grading system is as per the Maulana Abul Kalam Azad University of Technology grade system.
The famous recruiting companies include Emami, Citibank, Genpact, KPMG, WBSETCL, ABN-AMRO.
10. Institute of Management Study Business School (IMS Business School), Kolkata
Location: Roypur Ghutiary, Sharif Road, Kolkata, West Bengal
IMS Business School is a renowned private Business School in Kolkata, established in 2012. The institute offers various postgraduate programs in management, recognized by the Maulana Abul Kalam Azad University of Technology (formerly known as WBUT). In 2019, it emerged as the 8th best college among the Business Today ranked colleges in Kolkata.
IMS Business School has a well-facilitated campus with all the basic facilities and well-equipped infrastructure to ensure the best for the students as one of the top best MBA colleges in West Bengal. However, the institute does not avail hostel facilities.
The programs that IMS Business School offers are:
- MBA in
- Business Analytics
- Executive PGDM
- PGDM (AIMA)
The institute also offers diploma and certificate courses in association with the National Computer Saksharta Mission (NCSM).
The admission processes begin in March and the classes for the MBA courses start in July every year. Students are admitted into these courses on the basis of their percentile/rank obtained in the examinations CAT/MAT/CMAT/XAT/JEMAT.
Amul, Apollo Munich, Axis Bank, BigFlix.com, Deutsche Bank, Exide, HCL, HDFC Bank and HSBC are some of its main recruiters.
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