Management courses have become the current craze, but the characterization of the best MBA schools in India falls heavily in favor of government institutes. Government MBA m colleges across India produce the best management graduates and boast which government colleges will provide the best return on investment. Students face a number of dilemmas when choosing their university, as IIMs are quite expensive in terms of tuition and IITs that offer MBAs are often rated below 100% great placements.
MBA courses are quite modern and stylish in terms of money, although they will add an excellent twist in everyone’s career chart. It still remains to be decided on the IIMs. Either way, one has to find the middle ground between some parameters.
The best return on investment that a B-School offers can be measured primarily in terms of the quality and quantity of investments that are made primarily on campus. With the management institute developing rapidly across the country, one in two organizations cheats one hundred percent of the placements. Although government MBA universities are highly prestigious and coveted, the best ones can easily be separated from the ones that are a bit behind in terms of ‘return on investment’.
Here are the best government institutes for MBA with the best return on investment.
1. Indian Institute of Management located in Ahmedabad
IIM-A is one of the oldest government-run universities in India, right after IIM-C. It has been enjoying precise service in terms of being ranked as the number one business school in India. There are very few institutes as good as IIM-A in terms of return on investment. The institute is included in the list of the best management colleges in the Asia-Pacific region.
2. Faculty of Management Studies University of Delhi. FMS located in New Delhi
This institute is one of the oldest MBA institutes in India and moreover FMS Delhi is hands down the best option in terms of ‘return on investment’. Unlike the high fee that IIMs charge, FMS charges a very good and humble tuition fee and offers one of the best management courses in the country.
3. National Academy of Legal Studies and Research (NALSAR)
NALSAR started in the year 1998 under the state government of Andhra Pradesh. This is one of those universities that has made its mark when it comes to undergraduate and postgraduate courses. It is recommended as one of the best universities in India to trust if you are planning to do your MBA in Hyderabad. They have an experienced faculty who come from some of the best universities in India and abroad. The course is modified in order to keep students up to date on the syllabus and syllabus. There are various specializations provided in different fields for you to take as per your interest. They offer specializations (interdisciplinary courses) in management, law and accounting disciplines. They are offering specializations in Corporate Governance, Innovation and Sustainability Management, and Financial Services and Capital Markets. Students here are selected through CAT, GMAT, and GRE scores. After selection, a group discussion is held to finalize admissions.
4. Indian Institute of Management (IIM)-B located in Bangalore
Established in the year 1973, IIM-B has been producing the best MBA graduates every year even when it was established. It is also included in the list of top management institutes in India.
5. Indian Institute of Management (IIM)-C located in Kolkata
When it comes to Management in Finance, IIM-C enjoys the highest ranking in the world as its finance courses are considered one of the best globally. Apart from being the first government management school to be established in India, it has also been a member of the Global Alliance in Management Education (CEMS).
6. Indian Institute of Management (IIM)-L located in Lucknow
IIM-L is generally recognized as an Institution of Excellence by the Indian Ministry of Human Resources and Development. This institute was the fourth IIM established by the Government of India and provides quality management education.
7. Indian Institute of Management (IIM)-I located in Indore
IIM-I was established in the year 1996 and has maintained its brand level since its inception.
8. Indian Institute of Foreign Trade IIFT located in New Delhi
This independent institute was established to help professionalize India’s foreign trade management policies and increase exports. It has been reputed as one of the amazing government aided institutes for a long time.
9. MDI Management Development Institute located in Gurgaon
The MDI Gurgaon campus has been rated as one of the top ten government MBA institutes in the whole of India. It was established in the year of 1973 and also has a second campus in West Bengal.
10. Jamnalal Bajaj Institute located in Mumbai
Named after the industrialist and philanthropist, Jamnalal Bajaj, this MBA university belongs to the Department of Management Studies at the University of Bombay. It is widely recognized for its excellent management program.
Hope the above list of Top 10 Government MBA Colleges in India has helped you to finalize the right business school where you can study and start your career.