Top 7 MBA Colleges In Bangalore | Best MBA Colleges In Karnataka

If you are looking for the top 7 MBA colleges in Bangalore, you are at the right place. Bangalore is a popular destination for MBA students and one of India’s most desirable places to live.

Also, It is not sufficient if you only have large or small-scale business ideas, you also need some learning and exposure to execute your idea. These MBA colleges will give you those!

Bangalore is home to IIM-Bangalore, one of the country’s most prestigious management institutes.

Around 250 management institutions are located in the city. For entrance exams, most institutes either accept CAT scores and GMAT scores or conduct their own exams.

In this article, we will examine the top 10 MBA colleges and universities in Bangalore, and Karnataka, as well as their features.

1. IIM Bangalore

Since 1973, the Indian Institute of Management, Bangalore has been a leading provider of quality management education.

The institution has over 109 full-time distinguished faculty members for 1200 students enrolled in degree programs and approximately 5000 candidates in executive education programs.

IIMB is one of the top 10 colleges for MBA in India as it has EFMD Quality Improvement System (EQUIS) accreditation as well.

Among the 90 international partner institutions of IIM Bangalore are Goldman Sachs, McGill, etc.

The IIM Bangalore alumni network includes Damodar Mall who is the CEO of Reliance Retail), Koppillil Radhakrishnan who was the former Chairman of ISRO, etc. It is well known for producing future business leaders and entrepreneurs.

College Rankings:

IIM Bangalore is currently 2nd by the NIRF ranking in India. Also, it has been ranked 31st globally in the Financial Times ranking.

Courses Offered:

IIM Bangalore offers a two-year full-time residential Post Graduate Programme in Management (PGP), which leads to a Master of Business Administration (MBA) degree.

Location:

IIM Bangalore is situated in Bangalore (Bengaluru), Karnataka, India.

Average Fees for Engineering per Annum:

While IIMB primarily offers management programs, the average fees for the MBA program are approximately ₹24,50,000 for 2 years.

Highest Salary Package Offered in Placements 2024:

The highest package offered to the MBA students of IIM Bangalore is ₹80 LPA.

Average Salary Package Offered in Placements 2024:

Similarly, the average salary package stood at ₹35 LPA.

Infrastructure and Facilities:

• Hostel Facilities: IIMB’s residential campus comprises ten well-furnished hostel blocks, providing comfortable accommodation for students.
• Library and Study Materials: The campus houses a well-stocked library where students can access both physical and online study materials.
• Modern Amenities: IIM Bangalore boasts air-conditioned classrooms, a gym, and a cafeteria.
• Sports and Recreation: Dedicated sports centers cater to football, tennis, badminton, cricket, basketball, volleyball, and pool.
• Computer Center: IIMB provides a computer center with 24/7 internet access, equipped with over 600 computer systems.

2. SIBM Bangalore

Founded in 2008, the Symbiosis Institute of Business Management, Bangalore is a constituent college of Symbiosis International University.

The SIBM offers MBA programs in several specializations, as well as Executive MBA programs.

A valid score on the SNAP (Symbiosis National Aptitude Test) Entrance Test is required for SIBM Bangalore MBA Admissions, followed by an interview, a written ability test, and a group exercise.

Upon completion of the coursework, students are awarded degrees by Symbiosis International University, Pune, which offers both general MBA programs and executive MBA programs.

Courses Offered:

SIBM offers a 2-year full-time MBA program with compulsory residential components.

Specializations include Finance, Marketing, Operations, and HR.

Additionally, they offer an MBA in Business Analytics and an MBA in Executive (Part-Time).

Fees:

Here are the fee details for Indian Students (Batch 2024-26):

Academic Fees (Per Annum): ₹9,92,000

Institute Deposit (Refundable): ₹20,000

Hostel Deposit (Refundable): ₹15,000

Hostel Fees (Per Annum): ₹1,48,500

Mess Fees (Per Annum): ₹94,500

Eligibility:

Graduation from any recognized university/institution with a minimum of 50% marks (45% for SC/ST).

Candidates appearing for final year exams can also apply.

Infrastructure and Facilities:

• The campus is located in Electronics City, Bengaluru.
• Facilities include well-equipped classrooms, a library, an auditorium, and sports amenities.
• The institute emphasizes practical learning through case studies and simulations.

Highest Salary Package Offered in Placements 2024:

₹24 LPA was the highest package offered to the students of MBA at SIMB Bangalore for the year 2024.

Average Salary Package Offered in Placements 2024:

The average salary package at SIBM Bangalore for 2024 stood at ₹14 LPA.

3. NMIMS Bangalore

NMIMS is one of the top colleges in Bangalore that was established in 2008. NMIMS Bangalore is the youngest business school accredited by AMBA.

Among the top business schools in India and around the world, NMIMS Bengaluru holds the prestigious AMBA accreditation for both its MBA and PGDM (Executive) Programs.

The University MBA program at NMIMS Bengaluru is offered by the university.

Business Today Ranking 2023 ranked NMIMS Bangalore 30th among the top B-Schools in the country.

College Rankings:

According to IIRF, NMIMS Bangalore is ranked 32nd out of 110 top private colleges in India in 2024.

It was ranked 21st out of other management institutes in India in  India by NIRF rankings.

Courses Offered:

NMIMS Bangalore offers a 2-year full-time Master of Business Administration program.

Location:

NMIMS Bangalore is situated in Bangalore, Karnataka.

Average Fees for MBA per Annum:

The annual fee at NMIMS Bangalore for the MBA program is ₹10 Lakhs per annum.

Highest Salary Package Offered in Placements 2024:

The highest salary package offered in placements for MBA students was ₹43.25 LPA.

Average Salary Package Offered in Placements 2024:

Similarly, the average salary package offered in placements for 2024 was ₹14.11 LPA.

Infrastructure and Facilities:

• Campus Location:  The campus covers about 3 to 4 acres and is situated in Koramangala, Bangalore.
• Classrooms and Facilities: The classrooms are air-conditioned and equipped with smart boards, fostering an interactive learning environment.
• Aesthetic Design: The fully air-conditioned building spans 22,000 sq. ft. across four floors.
• Sports and Recreation: The campus includes both indoor and outdoor sports facilities.

4. JAGSOM

The Jagdish Sheth School of Management (JAGSoM) is one of the first six business schools in India to receive accreditation from the AACSB.

JAGSOM PGDM Finance is accredited by AACSB and features in the QS World University Global Ranking 2024.

College Rankings:

JAGSoM is one of the top business schools in India to be awarded AACSB accreditation.

It was ranked 26th by Business Today Ranking in 2023.

Courses Offered:

JAGSoM offers a two-year Dual Degree Masters in Management (MBA) program.

Location:

JAGSoM is located in Electronics City, Bangalore.

Average Fees for MBA per Annum:

The fee for the MBA program at JAGSoM is ₹15.95 Lakhs for the entire course duration of 2 years.

Highest Salary Package Offered in Placements 2024:

The highest salary package offered in placements of JAGSOM for MBA students was ₹85 LPA.

Average Salary Package Offered in Placements 2024:

The average salary package offered to MBA students in placements for 2024 was ₹11 LPA.

Infrastructure:

• Computer Lab: NMIMS Bangalore provides a dedicated lab equipped for student use.
• Wi-Fi Enabled Campus: The campus ensures seamless internet connectivity throughout.
• Student Activity Areas: Include a lounge and snack bar for student relaxation and interaction.
• Classrooms: The institute offers 24 classrooms with varying seating capacities for diverse educational settings.
• Conference Halls: Three exclusive halls cater specifically to Executive Development Programs.
• Centrally Air-Conditioned Auditorium: A facility designed for events and gatherings, ensuring comfort.

 

5. Christ University

In 1969, Kuriakose Elias Chavara founded Christ (Deemed to be University) as Christ College. The university offers various academic programs across its campuses in Bangalore, Pune, and Ghaziabad.

Under its School of Business and Management wing, Christ offers full-time residential MBA programs as well as exchange programs with THWS, Germany, Virginia Commonwealth University, and Western Michigan University.

• Campus Area and Facilities: JAGSoM’s campus spans 2 acres of land. It features an integrated Wi-Fi-enabled environment, a computer lab, and student activity areas like a lounge and snack bar.
• Classrooms: The campus houses 24 classrooms with varying seating capacities, three conference halls exclusively for Executive Development Programs, and a centrally air-conditioned auditorium.
• Hostel Facilities: JAGSoM provides excellent boarding facilities for outstation students. The hostel is located close to the main campus.
• Sports: Students have access to state-of-the-art amenities, including a gymnasium, open spaces for outdoor sports, and indoor sports facilities.
• Library: The campus boasts a well-equipped library, offering a wide range of management-related resources, books, journals, and research materials.
• Technology Infrastructure: JAGSoM ensures a tech-savvy environment with its computer labs and integrated Wi-Fi connectivity throughout the campus.

6. RCM Bangalore

As a top B school in South India and one of the top 20 in India, Regional College of Management Bangalore is accredited by AICTE and affiliated with Bangalore University.

Berkshire Media LLC, USA has rated RCMB as the Best Management College for placements in South India region and awarded it the Best Management College for placements in south India region for its quality education and placements.

Its commitment to continuous excellence through strategic alliances with foreign universities has earned RCM, Bangalore the “B school of the year in international collaboration” award from Silicon India.

Rankings:

RCM is recognized as one of the top MBA colleges in Bangalore, which is ranked as the 5th best business school in India by Silicon India.

Courses Offered:

RCM offers both Masters in Business Administration (MBA) and Bachelor of Business Administration (BBA) programs.

The MBA program provides dual specializations in areas

• Marketing
• Human Resources
• Finance, and more.

Location:

RCM Bangalore is located at Devanahalli, Bangalore, Karnataka.

Fees:

The fee structure for BBA at RCM Bangalore is Rs. 4,20,000. On the other hand, the fee for an MBA program costs about 8,40,000.

Placement Records 2024:

International Placements: About 12 students were selected for placements in Germany by Audingo, with salary packages ranging from ₹27 Lakhs to ₹45 Lakhs (30,000 Euro to 50,000 Euro).

Highest Salary Package Offered in Placements 2024:

The highest salary package stood at ₹44 LPA in the placements 2024.

Average Salary Package Offered in Placements 2024:

The average salary package offered in the 2024 placements at RCM Bangalore was ₹8.5 LPA.

Infrastructure:

• Library: RCM Bangalore features a well-stocked library with textbooks, magazines, and journals, supporting student and faculty research and learning.
• Sports Facilities: The college provides ample space for outdoor games like volleyball, cricket, and basketball, encouraging students to stay active and participate in sports.
• Auditorium: RCM has a dedicated auditorium hosting cultural events, guest lectures, seminars, and webinars, serving as a focal point for academic and extracurricular activities.
• Classrooms: Spacious classrooms at RCM are equipped with digital projectors for enhanced learning experiences. Additionally, an open-air classroom integrates education with the campus’s natural surroundings.
• IT Infrastructure: RCM offers a robust IT infrastructure ensuring students have access to modern technology and resources necessary for their academic pursuits.

7. XIME Bangalore

The XIME Bangalore campus was established in 1991 and is one of the best B-schools in India, with residential campuses in Chennai and Kochi.

A private business school, XIME Bangalore is ranked among the top management colleges in India. The most popular program is the 2-year full-time PGDM.

Ranking:

XIME Bangalore is ranked 50th among the top private Business schools in India according to the IIRF Rankings 2024.

Moreover, XIME secured an overall rank of 101, among the other popular management institutes by NIRF.

Courses Offered:

XIME offers a 2-year full-time PGDM (Post Graduate Diploma in Management) program, which is the most opted program at the institute.

Specializations:

• Marketing
• Finance
• Human Resources
• Operations
• IT
• Analytics.

Location:

XIME Bangalore is situated in Electronic City, Phase II, Bengaluru.

Average Fees for MBA per Annum:

The fee for a 2-year MBA program at XIME is ₹12,50,000 for the entire course.

Highest Salary Package Offered in Placements 2024:

The highest salary package offered was ₹16 LPA in the placements 2024.

Average Salary Package Offered in Placements 2024:

The average salary package was about ₹8 LPA in the 2024 placements.

Some of the popular recruiters who visited XIME were EY, Havells, TataPlay, etc.

Infrastructure:

• Hostels: XIME provides separate hostels for both boys and girls. The spacious hostel rooms come with attached washrooms and 24/7 hot water and electricity.
• Library: The central library, known as the Library Management System, offers a wealth of resources. XIME’s library also provides access to online databases like Ebsco, Pro-Quest, and J-Gate.
• Classrooms: Well-furnished classrooms equipped with the latest technology facilitate effective learning. Smartboards and other modern tools enhance the teaching experience.
• Sports Facilities: XIME promotes a healthy lifestyle through both indoor and outdoor sports.
• I.T. Infrastructure: The computer lab features LAN-connected systems with modern software. XIME ensures a tech-savvy environment for its aspiring managers.

Best MBA Colleges In Karnataka

Apart from Bangalore, there are other colleges as well in various parts of Karnataka that offer excellent MBA programs. Let’s explore these colleges.

1. TAPMI Manipal

TAPMI Manipal Karnataka is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the Association of MBAs (AMBA).

As part of its commitment to global exposure and comprehensive understanding of business fundamentals, TAPMI Manipal Karnataka has established partnerships with many foreign institutes and universities.

Macquarie University, Rennes School of Business, and others have collaborated with TAPMI.

Fees: The fee for the MBA program with a course duration of two years at TAPMI Manipal is ₹17.34 lakhs.

Placements (2024):

The average Package at TAPMI Manipal in various MBA streams are:

₹15.70 LPA (BKFS)

₹14.80 LPA (Marketing)

₹14.60 LPA (General)

The highest Package for the MBA was around ₹24.80 LPA

2. SDMIMD, Mysore

For those with bachelor’s degrees, Shri Dharmasthala Manjunatheshwara Institute for Management Development, Mysore offers PGDM, PGCM, and PGPSM courses under its Management stream.

Additionally, the college offers Ph.D. courses to those with masters degrees in relevant fields. Admissions are done through online applications and are based entirely on performance in qualifying exams.

Fees: The MBA program fees at Shri Dharmasthala Manjunatheshwara Institute for Management Development, Bangalore, Mysore is ₹13.84 lakhs.

Placements (2024):

Highest Package: ₹14 LPA

Average Package: ₹10 LPA

3. VTU, Belgaum

In 1998, Visvesvaraya Technological University was established in Belgaum, Karnataka. In addition to being one of India’s largest technological universities, Visvesvaraya Technological University has also been approved by the AICTE and UGC.

There are 182 affiliated colleges, one constituent college, and 25 autonomous colleges at Visvesvaraya Technological University.

The National Assessment and Accreditation Council (NAAC) awarded it a grade of B++ and it is a member of the Association of Indian Universities (AIU).

Fees: The MBA program fees at VTU Belgaum range between ₹10.75 lakhs and ₹15 lakhs.

Placements  2024):

Highest Package: ₹6 LPA

Average Package: ₹4.50 LPA

4. MAHE, Manipal

Founded in 1953, the Manipal Academy of Higher Education (MAHE) is a deemed university accredited by NAAC and AIRIIA with an A++ grade.

Admission to Manipal is based on the MET (Manipal Entrance Test). The university also accepts other national-level entrance test scores for admission.

Fees: The MBA program fees at MAHE Manipal range between ₹16.5 lakhs and ₹18 lakhs.

Placements (2024):

Highest Package:  ₹14 LPA

Average Package: ₹3 LPA

5. KIM, Harihar

As a top business school in India, Kirloskar Institute of Management (KIM) has consistently been ranked as A++ by Business India since it was founded in 1991 in Harihar, Karnataka.

Over six trimesters, KIM Harihar offers a two-year full-time flagship PGDM program duly approved by AICTE.

Fees: The MBA program fees at Kirloskar Institute of Management, Harihar are around ₹10.75 lakhs.

Placements (Outlook 2024):

Highest Package: ₹18 LPA

Average Package: ₹8.5 LPA