Best MBA-AI/ML college in India
Want to know which college in India has the best MBA courses with AI and ML specializations? AI and machine learning are now significant parts of business. They help everyone come up with new ideas and do better work. Indian top business colleges now offer specialized MBA courses that combine basic management principles with advanced AI and machine learning (ML). This is because there is a greater need for skilled workers who know how to use these technologies.
These programs are meant to teach students everything they need about new tools and business operations. Some of the things that they learn include how to make intelligent decisions, use AI in business, and analyze data using machine learning algorithms. To give students real-world experience, these courses often offer projects, internships, and ways to work with field leaders. This ensures that college graduates are ready for the tough things they will face in real life.
Learn AI and machine learning at the best college in India for your MBA. Not only will it help you get better at tech, but it will also make you a better boss and help you think of better plans. You will now be ready for a job in the fast-paced business world that AI powers.
Leading MBA-AI/ML Colleges in 2024
AI and ML MBA degrees will be offered at major Indian universities in 2024. These programs give students both tough management training and deep scientific knowledge, preparing them for the fast-paced needs of the business world. The names and costs of India’s best MBA-AI/ML colleges for 2024 are shown below in a table.
College Name |
Average Annual Fees |
---|---|
IIT (Indian Institute of Technology) Bombay |
INR 1.2 lakhs |
DTU – Delhi Technological University |
INR 3.04 lakhs |
IIT Delhi |
INR 1.3 lakhs to 3 lakhs |
VIT Vellore |
INR 3.8 lakhs to 7.8 lakhs |
IIT Madras |
INR 2.5 lakhs |
NIT Surathkal – National Institute of Technology |
INR 5 lakhs |
IIT Roorkee |
INR 20K to 8 lakhs |
IIT Hyderabad |
INR 24K to 8 lakhs |
IIT Guwahati |
INR 1.14 lakhs |
SRM Institute of Science and Technology, Kattankulathur |
INR 4.5 lakhs to 18 lakhs |
Indian Institute of Technology, BHU, Varanasi |
INR 40,000 |
LPU – Lovely Professional University |
INR 13.6 lakhs to 16 lakhs |
IIT Gandhinagar |
INR 8 lakhs |
MNIT Jaipur – Malaviya National Institute of Technology |
INR 1.67 lakhs |
IIT Ropar |
INR 27.14K to 8 lakhs |
NIT Delhi |
INR 5 lakhs |
SOA University – Siksha ‘O’ Anusandhan |
INR 11.4 lakhs |
NIT Silchar |
INR 1.4 lakhs |
Private MBA-AI/ML Colleges in 2024
Several major Indian private colleges will offer AI/ML MBAs. These schools stand out for their corporate contacts and cutting-edge curricula. The prices for some of the best private MBA-AI/ML schools are shown in the table below.
College Name |
Average Annual Fees |
---|---|
Great Lakes Institute of Management |
INR 9 lakhs to 11.2 lakhs |
SP Jain School of Global Management |
INR 39 lakhs |
NMIMS School of Business Management |
INR 26.63 lakhs |
International Management Institute |
INR 18.17 lakhs |
Symbiosis Institute of Business Mgmt |
INR 6.05 lakhs |
Government MBA-AI/ML Colleges in 2024
In 2024, several well-known Indian government institutions offer MBAs in AI and ML that mix management training with the latest technology. Here are some of the greatest government schools and their prices:
College Name |
Average Annual Fees |
---|---|
Indian Institute of Management, Ahmedabad (IIMA) |
INR 12 lakhs to 25 lakhs |
Indian Institute of Management, Bangalore (IIMB) |
INR 24.5 lakhs |
Indian Institute of Management, Calcutta (IIMC) |
INR 31 lakhs |
Indian Institute of Management, Lucknow (IIML) |
INR 20.75 lakhs |
Indian Institute of Technology, Bombay (IITB) |
INR 25.8 lakhs to 26.6 lakhs |
Indian Institute of Technology, Delhi (IITD) |
INR 11.2 lakhs |
Indian Institute of Technology, Kharagpur (IITKGP) |
INR 3 lakhs to 25 lakhs |
Indian Institute of Technology, Madras (IITM) |
INR 29.19 lakhs |
Indian Institute of Technology, Kanpur (IITK) |
INR 2.8 lakhs to 13.1 lakhs |
National Institute of Industrial Engineering (NITIE), Mumbai |
INR 21 lakhs |
Most Affordable MBA-AI/ML College in 2024
Looking for the lowest AI/ML MBA courses in India in 2024? Here are several affordable colleges with these programmes:
College Name |
Average Annual Fees |
---|---|
Indian Institute of Management (IIM) Indore |
INR 7.50 lakhs |
Xavier Institute of Management (XIMB) Bhubaneswar |
INR 12.20 lakhs to 19.30 lakhs |
Symbiosis Institute of Business Management (SIBM) Pune |
INR 6.05 lakhs |
Great Lakes Institute of Management, Chennai |
INR 2.75 lakhs |
Department of Management Studies, IIT Delhi |
INR 11.2 lakhs |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai |
INR 11.95 lakhs |
Faculty of Management Studies (FMS), Delhi University |
INR 2 lakhs |
ROI of Top MBA-AI/ML Colleges
Want to know the ROI of an MBA in AI and ML from India’s top universities in 2024? To estimate your education costs, see the table below for various schools’ tuition fees:
College Name |
Average Annual Fees |
---|---|
Faculty of Management Studies (FMS) |
INR 2 lakhs |
Jamnalal Bajaj Institute of Management Studies (JBIMS) |
INR 6.10 lakhs |
NITIE Mumbai |
INR 21 lakhs |
TISS Mumbai |
INR 1.7 lakhs |
IIT Delhi |
INR 9.60 lakhs |
Vinod Gupta School of Management, IIT Kharagpur (VGSoM) |
INR 12.85 lakhs |
Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) |
INR 1.38 lakhs |
Institute of Rural Management (IRMA) |
PGDRM – INR 16.75 lakhs |
Department of Industrial and Management Engineering, IIT Kanpur |
INR 8 lakhs to 8.38 lakhs |
Birla Institute of Technology and Science, (BITS) |
INR 6.53 lakhs |
SRCC Delhi |
INR 3.2 lakhs |
Indian Institute of Technology Madras |
INR 8 lakhs |
UBS Chandigarh |
INR 39,570 |
PUMBA Pune |
INR 1.3 lakhs to 1.5 lakhs |
Department of Commerce, Delhi School of Economics, Delhi University |
INR 48,770 |
Eligibility Criteria of the Best MBA-AI/ML Colleges
MBA AI/ML applicants must have a 45–50% GPA bachelor’s degree (10+2+3) from a reputable college or university in any field. Students must have gotten an 80–90% on any regular entrance exam to get into the MBA AI/ML course.
- Each college has its own regulations for getting into an MBA course in artificial intelligence/ machine learning. Bachelor’s degree holders can pursue an MBA in AI/ML at many business colleges.
- A bachelor’s degree in any field is must require; students with a BBA who seek an AI/ML MBA can attend this institution.
- There are tests that people must pass to get into schools offering AI MBAs.
Entrance Examinations Accepted by Leading MBA-AI/ML Colleges
In this below table we write about college name and entrance examinations
College Name |
Entrance Exam |
---|---|
Indian School of Business (ISB), Hyderabad |
GMAT/GRE |
Xavier School of Management (XLRI), Jamshedpur |
XAT |
S.P. Jain Institute of Management and Research (SPJIMR), Mumbai |
CAT/XAT/GMAT |
Great Lakes Institute of Management, Chennai |
CAT/XAT/GMAT/CMAT |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai |
NMAT |
Symbiosis Institute of Business Management (SIBM), Pune |
SNAP |
Management Development Institute (MDI), Gurgaon |
CAT |
Institute of Management Technology (IMT), Ghaziabad |
CAT/XAT/GMAT |
International Management Institute (IMI), Delhi |
CAT/XAT/GMAT |
Birla Institute of Management Technology (BIMTECH), Greater Noida |
CAT/XAT/GMAT/CMAT |
Leading Employers for MBA-AI/ML Graduates
Business acumen and modern technology like AI and ML are changing industries worldwide. A renowned university like [name of college] will offer you management and technological abilities to succeed in the digital age with an MBA in AI and ML. Leading AI and machine learning companies provide several job opportunities to graduates.
Big tech firm Google leads AI and machine learning. MBAs can work on cutting-edge data analytics, machine vision, and NLP projects. Young college grads can improve search engines, construct self-driving systems, or transform digital marketing at Google.
Amazon
Amazon prioritizes customer pleasure and efficiency with AI and ML. MBAs can lead product management, business growth, and operational projects to assist the firm in flourishing. Recent college graduates can boost Amazon’s recommendation engines or logistics with predictive analytics.
Microsoft
Its commitment to offering every organisation AI capability distinguishes it as a leader. Microsoft hires MBAs for AI initiatives in cloud services, efficiency tools, and games. Graduates can work on cutting-edge projects that revolutionise technology. You may design intelligent chatbots, enhanced analytics, or AI-driven threat detection to increase cybersecurity.
IBM
A pioneer in AI and machine learning, IBM pushes the limits in several domains. MBAs can work in advising, software development, and data science on supply chain optimisation and healthcare analytics. IBM has various AI-based solutions, so graduates can help global clients solve complex problems and alter their businesses.
Accenture
MBA grads can use Accenture’s AI-driven advising to work on industry-changing projects. Graduates can also help firms employ AI strategically by automating business processes and applying predictive analytics to improve customer experience.
Deloitte
MBA grads can work in strategy consulting, digital transformation, and technology advisory on its AI and ML teams. Graduates can work on healthcare, finance, and manufacturing projects to help clients leverage AI for business growth and new ideas.
Flipkart
India’s largest online retailer utilises AI and ML to promote products, improve its supply chain, and spot scams. MBAs in product management and business analytics can help Flipkart develop in the fast-changing e-commerce market.
Tata Consultancy Services (TCS)
TCS helps global enterprises digitise using AI and ML. TCS hires MBA consultants, software developers, and solution architects. AI-powered solutions will improve banking, retail, and healthcare business outcomes.
An MBA emphasizing AI and ML can lead to several job opportunities at cutting-edge digital organisations. Graduates can influence search engines, e-commerce, and global organizations’ digital transformations in the AI-driven business sector.
Affordability of Pursuing an MBA-AI/ML Degree in 2024
Increasing demand for AI and ML professionals is driving MBAs in these domains. Before starting this journey, aspiring students typically consider the cost of the programmes. An MBA-AI/ML degree in 2024 may be reasonable based on school prices, scholarships, living costs, and ROI.
Costs of tuition and programs
MBA-AI/ML tuition varies by school, reputation, and duration. Business schools with a good reputation may charge more. Consider education quality, teacher expertise, and industry ties when deciding if a programme is worth the money. Some colleges provide financial aid or payment plans to help students pay.
Opportunities for scholarships
Many universities and private groups provide AI/ML MBA scholarships. These prizes reduce tuition and other educational costs, making it more straightforward for students to pay. Future students should apply for scholarships that meet their academic, career, and financial goals. Some awards are merit-based, while others involve study or community work to demonstrate AI and ML commitment.
Living Costs
In addition to tuition, MBA-AI/ML students must consider meals, transportation, accommodation, and other expenses. They may be reasonable depending on where the school is. Big cities may cost more to live in than suburbs or rural areas where you study. Future students should budget for these fees and consider university housing, living with others, or working part-time.
Investment ROI
Despite its high cost, many students view an MBA-AI/ML as a long-term career investment. AI/ML graduates are sought after in technology, banking, healthcare, and consulting. In a fast-changing digital economy, an MBA in AI or ML can lead to professional progression, more significant income, and job security.
Thus, an MBA-AI/ML in 2024 may be costly. However, scholarships, living costs, and ROI make it more accessible and valuable for AI/ML specialists.
Conclusion
Finally, an MBA in 2024 focusing on AI and ML will present challenges and opportunities. Scholarships, financial aid, and potential ROI make these programs affordable for students who desire to work in the sector despite expensive tuition and living fees. If they choose the correct institution and take advantage of real-world experience, students can succeed in the fast-paced world of AI-driven business. An MBA-AI/ML degree teaches technical skills, strategic thinking, and leadership. This prepares them for fast-changing business and technological jobs.
Best MBA-AI/ML college in India – FAQs
How much do Indian MBAs in AI and ML make?
Because there is a high demand for graduates with business management and AI skills, starting salaries in India for people with an MBA in AI usually range from INR 7 lakhs to INR 17 lakhs per year.
Is getting an MBA in AI a good idea?
People with an MBA who know how to use AI can help improve the supply chain and make customers happier. AI and Business Strategy: Future business leaders need to know how AI affects company strategy.
Who can get an MBA in AI and ML?
At least 45% to 55% in all their classes or a similar grade in college is required. This MBA in AI and ML course is also open to working professionals with skills in this area.
Does ML help with an MBA?
You can do this if you get an MBA in AI and ML. Feel better about yourself. You can feel more confident in your ability to use AI and ML to solve problems in the real world if you learn more about them.
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