Every year more than 2.5 lakh students apply for admission to the MBA course making it one of the most popular postgraduate courses in India. MBA Admissions 2023 is based on national, state, or institutional-level management entrance exams such as CAT, XAT, IBSAT, etc. Top B schools are also inviting applications for admission to the MBA course.
MBA can be done after completing graduation in any discipline. Students can choose any MBA specialization as per their interest. They will have to qualify for an entrance exam to seek admission to the Top MBA Colleges in India. This article is going to highlight all the minute details pertaining to MBA Admission 2023.
TOP B SCHOOLS INVITING MBA ADMISSION 2023
The following table highlights the top B Schools that are inviting applications for admission to the MBA course for the academic year 2023-2025.
|
College
|
Application Dates
|
Average Fees
|
|
IIM Ahmedabad |
Sept 5 – Oct 28, 2022
|
INR 30 Lakhs
|
|
IIM Bangalore
|
Aug 24 – Oct 10, 2022 |
INR 24.50 Lakhs
|
|
IIM Calcutta
|
Aug 16 – Oct 16, 2022
|
INR 31 Lakhs |
|
XLRI Jamshedpur
|
Aug 10 – Nov 30, 2022
|
INR 24.80 Lakhs
|
|
SIBM Pune |
Aug 01 – Dec 09, 2022
|
INR 23.32 Lakhs
|
|
SVKM`s Narsee Monjee Institute of Management Studies
|
Aug 01 – Oct 31, 2022 |
INR 21.90 Lakhs
|
|
Great Lakes Institute of Management
|
Aug 30 – Nov 21, 2022
|
INR 13.15 Lakhs |
|
ICFAI Foundation for Higher Education, Hyderabad
|
Jul 01 – Dec 16, 2022
|
INR 16.02 Lakhs
|
TOP MBA ENTRANCE EXAMS DATES
|
Exam
|
Conducting Body
|
Registration Dates
|
Exam Dates |
|
CAT
|
IIM Bangalore
|
Aug 3 – Sept 14, 2022
|
Nov 27, 2022 |
|
XAT
|
XLRI Jamshedpur
|
Aug 10 – Nov 30, 2022
|
Jan 08, 2022 |
|
NMAT
|
GMAC
|
Aug 01 – Oct 10, 2022
|
Oct 10 – Dec 19, 2022 |
|
SNAP
|
Symbiosis International University
|
Aug 04 – Nov 24, 2022
|
Dec 10, 18 & 23, 2022 |
|
IBSAT
|
ICFAI Business School
|
Jul 01 – Dec 16, 2022
|
4th week of Dec 2022 |
Candidates are advised to check the eligibility criteria and previous year cut-offs while applying for MBA Admission 2023 in top colleges. The average cut-off to seek admission to the IIMs on the basis of the CAT exam is usually as high as 80 to 98 percentile. Despite a high cut-off and competition, MBA is still one of the most popular and pursued postgraduate programs in India and abroad. 76% of the students applying to the MBA course are from the Engineering background. Pursuing an MBA is highly advantageous due to the jobs and scope. An MBA graduate from a top B School can earn an average annual salary of INR 25 – 30 LPA. Let’s look at some of the top B Schools of India.
MBA from the IIMs in India
IIMs are one of the top B Schools in India. The MBA Admission in the IIMs in India is done based on the CAT 2022 exam. The following table highlights the average fee and the average salary of an IIM graduate.
| Institute | Average Fee | Average Annual Salary |
| IIM Lucknow | 19.25 Lakhs | 31.03 LPA |
| IIM Indore | 21.06 Lakhs | 25.01 LPA |
| IIM Kozhikode | 22.50 Lakhs | 29.50 LPA |
| IIM Ranchi | 15.30 Lakhs | 16.17 LPA |
| IIM Shillong | 18.56 Lakhs | 23.10 LPA |
| IIM Tiruchirappalli | 16.50 Lakhs | 17.01 LPA |
| IIM Udaipur | 20.05 Lakhs | 17.50 LPA |
| IIM Raipur | 15.49 Lakhs | 17.73 LPA |
| IIM Kashipur | 14.75 Lakhs | 15.21 LPA |
| IIM Rohtak | 19.55 Lakhs | 16.06 LPA |
MBA from the IITs in India
MBA Admission in the IITs are done based on a candidate’s CAT Scores. MBA is offered in the 9 IITs across India. The following are the IITs offering the MBA course, the fee structure, and the seat intake.
|
College Name
|
Fees (INR) |
Seats
|
| VGSOM (IIT Kharagpur) |
INR 10,30,000
|
140
|
|
DMS (IIT Delhi) |
INR 10,40,000
|
115
|
|
SJMSOM (IIT Bombay)
|
INR 10,00,000 |
120
|
|
DoMS (IIT Roorkee)
|
INR 9,42,000
|
95 |
|
DoMS (IIT Madras)
|
INR 11,00,000
|
68
|
|
IIT Kanpur |
INR 13,14,000
|
78
|
|
IIT-ISM Dhanbad
|
INR 12,56,000 |
62
|
|
SME (IIT Jodhpur)
|
INR 8,00,000
|
80 |
|
SoB (IIT Guwahati)
|
INR 5,73,260
|
30
|
With the ever-growing urbanization and digitalization, the demand for MBA graduates is quite high. It is expected to even increase further because of the enormous returns that students get in terms of a high salary package. Learning managerial skills through an MBA degree is always going to set you apart from the other candidates. Apart from giving extensive exposure to the business world, MBA is available in various specializations throughout the world. Pursuing an MBA from India or abroad is always worth it for it offers a whopping amount of salary throughout the globe. Not only that, an MBA graduate has a lot of job opportunities. Candidates can choose from several job profiles and industries. The top 5 industries for an MBA graduate are- Consulting, Financial Services, Technology, Healthcare, and the IT sector.
Since MBA degrees are a great way to start your management career, they even help you to be an entrepreneur and have a thriving career you can keep a note of the MBA application deadlines for the academic year 2023-24 and seek admission to the top B Schools of India.