Best MBA Colleges in Karnataka
Saurav Anand
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August 26, 2022
Karnataka is home to a number of prestigious and well-known MBA programmes. According to NIRF, the best MBA college in India is IIM Bangalore, which is located in Karnataka. Without a doubt, IIM Bangalore provides its students with an excellent academic structure as well as other amenities. Every year, a large number of people hope to gain admission to this college in order to take the CAT exam. The CAT 2019 exam was held on November 24. On January 4, 2020, the authorities announced the CAT 2019 results.
Premier institutions such as IIM Bangalore, T.A Pai Management Institute (TAPMI), and many other top public MBA colleges are among the Best MBA colleges in Karnataka.
Alliance University, Christ University, and Manipal University are the top MBA institutions in the state of Karnataka among the deemed universities offering MBA courses. Acharya Institute of Management and Science, T.A. Pai Management Institute, and The Oxford College of Engineering are some of the top-rated private MBA colleges in \ Karnataka. Distance learning MBA courses are offered by approximately 21 MBA colleges in Karnataka.
The average package offered to students pursuing MBA from Karnataka's top MBA colleges has been highly commendable. The average package offered to TA Pai Management Institute, Manipal students is 11.06 LPA. Karnataka is home to IIM Bangalore, one of the best MBA colleges in Karnataka. The IIM Bangalore average package for PGP students at IIM Bangalore is 24.54 LPA.
Best MBA Colleges in Karnataka: Highlights
Some of the highlights for the Best MBA colleges in Karnataka are listed in the table below.
| Parameters | Particulars/ Statistics |
|---|---|
| No. of top MBA colleges in Karnataka | Nearly 5 colleges in Karnataka |
| Fees | - Annual fee < 1 lakh: 20% - Annual fee >5 lakh 80% |
| Top Specialisations | MBA in Finance, MBA in Sales and Marketing, MBA in Operations, MBA in Business Analytics, MBA in Entrepreneurship, MBA in Healthcare and Hospital, MBA in Family Business, MBA in HR, MBA in International Business, MBA in Retail |
| Admission Process | - Entrance-based |
| Number of IIMs | - Indian Institute of Management, Bangalore |
Top 10 MBA Colleges in Karnataka
IIM Bangalore and Christ University Bangalore are the top MBA colleges in Karnataka, according to the Best MBA colleges in India. Other prestigious colleges offering MBAs are included among the Best MBA colleges in Karnataka. All of the Top 10 MBA colleges in Karnataka, along with their average annual fee structure, are listed below:
| Top 10 MBA colleges in Karnataka | Average Annual Fees |
|---|---|
| IIM Bangalore - Indian Institute of Management, Bangalore | INR 23,00,000 |
| T. A. Pai Management Institute - [TAPMI], Manipal, | INR 8,00,000 |
| Alliance University, Bangalore | INR 14,00,000 |
| Jagdish Sheth School of Management - [JAGSOM], Bangalore | INR 14,40,000 |
| St Joseph's Institute of Management - [SJIM], Bangalore | INR 4,20,000 |
| Christ University, Bangalore | INR 3,80,000 |
| NITTE School of Management - [NSM], Bangalore | - |
| Prin. L.N. Welingkar Institute of Management Development & Research- [WeSchool], Bangalore, | INR 6,50,000 |
| SDM Institute for Management Development - [SDMIMD], Mysore, | INR 11,20,000 |
| Xavier Institute of Management and Entrepreneurship - [XIME], Bangalore | INR 11,50,000 |
Best MBA Colleges in Karnataka: NIRF Ranking 2021
The National Institutional Ranking Framework, or NIRF, is a methodology used by the government of India's HRD Ministry to rank the top education institutions based on five different parameters. TAPMI Bangalore is ranked 32nd in the NIRF Ranking 2021 list, with Alliance School of Business, Alliance University, Bangalore ranking 60th. According to the NIRF 2021 rankings list, IIM Bangalore - Indian Institute of Management, Bangalore is ranked second among India's top management colleges. According to the NIRF Ranking 2021, around 4 - 6 MBA colleges in Karnataka are among the top MBA colleges in India.
Visvesvaraya Technological University Belgaum and Christ University Bangalore are among the other best private MBA colleges in Karnataka ranked by NIRF Ranking 2021.
| NIRF Ranking 2021 | College Name | NIRF 2021 Score |
|---|---|---|
| 2 | IIM Bangalore - Indian Institute of Management, Bangalore | 83.48 |
| 32 | T.A. Pai Management Institute (TAPMI), Bangalore | 54.08 |
| 60 | Alliance School of Business, Alliance University, Bangalore | 46.23 |
| 76-100 | Visvesvaraya Technological University, Belgaum | - |
| 76-100 | Christ University, Bangalore | - |
MBA Government Colleges in Karnataka
Karnataka is home to approximately 48 of India's best government MBA colleges. Among the top government MBA colleges in India are IIM Bangalore, Presidency University, and many more. The following is a list of MBA government colleges in Karnataka, along with their fees:
| Top MBA colleges in Karnataka | Average Annual Fees |
|---|---|
| IIM Bangalore - Indian Institute of Management, Bangalore | INR 23,00,000 |
| KLS Gogte Institute of Technology - [KLS GIT], Belgaum | INR 1,08,000 |
| Presidency University, Bangalore | INR 3,00,000 |
| Sharanabasava University, Gulbarga | INR 1,08,000 |
| St Joseph's Institute of Management - [SJIM], Bangalore | INR 4,20,000 |
| B.N. Bahadur Institute of Management Science, Mysore | INR 24,000 |
| NITTE School of Management - [NSM], Bangalore | - |
| Indian Institute of Plantation Management - [IIPM], Bangalore | INR 2,49,500 |
| Canara Bank School of Management - [CBSMS], Bangalore | INR 48,000 |
| National Institute of Technology, Department of Humanities Social Sciences and Management, Surathkal | INR 1,30,355 |
Best MBA Colleges in Karnataka with Low Fees
MBA courses in Karnataka are typically offered at a cost ranging from INR 10,000 to INR 23 Lakhs. However, there are some MBA colleges in Karnataka with significantly lower tuition. The following are the best MBA colleges in Karnataka with low fees:
| Top MBA colleges in Karnataka | Average Annual Fees |
|---|---|
| Kristu Jayanti College - [KJC], Bangalore | INR 4,00,000 |
| Siddaganga Institute of Technology - [SIT], Tumkur | INR 12,000 |
| Amruta Institute of Engineering and Management Sciences - [AIEMS], Bangalore | INR 7,970 |
| University BDT College of Engineering, Visvesvaraya Technological University - [UBDTCE], Davanagere | INR 8,270 |
| St Joseph's Institute of Management - [SJIM], Bangalore | INR 4,20,000 |
| Visvesvaraya Institute of Advanced Technology - [VIAT] Muddenahalli, Bangalore | INR 7,980 |
| Goutham College, Bangalore | INR 15,000 |
| Karnataka State Open University - [KSOU], Mysore, | INR 18,500 |
| Tumkur University, Tumkur | INR 12,000 |
| Visvesvaraya Technological University - [VTU], Belgaum | INR 11,420 |
ROI: Best MBA Colleges in Karnataka
ROI, or Return on Investment, is one of the most important factors to consider before enrolling in a college. Especially since almost all colleges, including government colleges, charge exorbitant fees for expensive degrees like MBA. In such a case, ROI can help you determine which college will provide you with the best value for your money. It is the proportion of the average placement package to the average annual fees. The table below compares some of the Best MBA colleges in Karnataka based on their return on investment.
| College Name | Average Placement Package | Average Annual Fees | ROI Rank* |
|---|---|---|---|
| IIM Bangalore | INR 24,50,000 | INR 11,57,500 | 1 |
| Christ University | INR 6,85,000 | INR 3,79,000 | 2 |
| TAPMI | INR 11,06,000 | INR 7,00,000 | 3 |
| CMS Business School | INR 7,50,000 | INR 4,95,000 | 4 |
| Alliance University | INR 10,14,000 | INR 6,75,000 | 5 |
| SIBM Bangalore | INR 9,79,000 | INR 8,20,000 | 6 |
| AIMS Bangalore | INR 4,92,000 | INR 4,50,000 | 7 |
Best MBA Colleges in Karnataka: Eligibility Criteria
The eligibility requirements for MBA programmes may differ from one college to the next. However, the basic MBA eligibility criteria are as follows:
- Candidates must have a bachelor's degree or its equivalent from a recognised university or institute.
- The majority of institutes adhere to the graduation minimum score criteria of 50 per cent aggregate or equivalent CGPA. The minimum aggregate or equivalent CGPA for reserved category students is 45 percent. However, this may differ from one institute to the next.
- Final-year graduation students are also eligible to apply for MBA, provided they present proof of graduation degree completion within the time frame specified by the institute.
Best MBA Colleges in Karnataka: Admission Process
Karnataka has 368 MBA colleges, including one of India's best IIMs, IIM Bangalore. The admissions process is primarily based on entrance exams.
- For admission to MBA programmes, IIM Bangalore uses a centralised counselling process based on CAT Score.
- Most private colleges also use various entrance exams such as the CAT, MAT, and others.
- Some colleges, however, have their own entrance exam, while others use a spot examination process followed by counselling.
Top MBA Colleges in Karnataka under PGCET
Karnataka PGCET is a state-level entrance exam for admission to Karnataka colleges for courses such as MBA, MCA, and M.Arch. The Karnataka Examination Authority is in charge of administering this exam (KEA). The exam is scheduled to take place in an offline mode in August. This exam is taken by over 200 public and private colleges in Karnataka.
The following are some of the top MBA colleges in Karnataka under PGCET:
- Indus Business Academy
- ISBR Business School
- International School of Management Excellence
- AIMS Institute
- Acharya Institute of Technology (AIT Bangalore)
Frequently Asked Questions
Q1. Which MBA College has the best placement in Karnataka?
Ans. IIM Bangalore has the best placement in Karnataka.
| College Name | Average Placement Package | Average Annual Fees | ROI Rank* |
|---|---|---|---|
| IIM Bangalore | INR 24,50,000 | INR 11,57,500 | 1 |
Q2. What is Cost for MBA in Karnataka?
Ans. Best MBA Colleges with Low fees
| Top MBA colleges in Karnataka | Average Annual Fees |
|---|---|
| Kristu Jayanti College - [KJC], Bangalore | INR 4,00,000 |
| Siddaganga Institute of Technology - [SIT], Tumkur | INR 12,000 |
| Amruta Institute of Engineering and Management Sciences - [AIEMS], Bangalore | INR 7,970 |
| University BDT College of Engineering, Visvesvaraya Technological University - [UBDTCE], Davanagere | INR 8,270 |
| St Joseph's Institute of Management - [SJIM], Bangalore | INR 4,20,000 |
| Visvesvaraya Institute of Advanced Technology - [VIAT] Muddenahalli, Bangalore | INR 7,980 |
| Goutham College, Bangalore | INR 15,000 |
| Karnataka State Open University - [KSOU], Mysore, | INR 18,500 |
| Tumkur University, Tumkur | INR 12,000 |
| Visvesvaraya Technological University - [VTU], Belgaum | INR 11,420 |
Q3. Which Exam is required for MBA in Karnataka?
Ans. Karnataka PGCET is a popular MBA entrance exam for admission to Karnataka MBA colleges. Candidates from Karnataka and across India are eligible to take the PGCET 2021 Karnataka entrance exam.
Q4. How many MBA Colleges are there in Karnataka?
Ans. There are 461 MBA colleges are there in Karnataka.
Q5. How can I get Admission to Karnataka for MBA?
Ans. Candidates will be admitted to the MBA programme in Karnataka state based on national, state, and university level entrance exams. Candidates must apply separately for these examinations. Admission is determined by the valid scores/rank obtained in the examination, personal interview, and group discussion.
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