Top MBA Colleges in Ahemdabad 2024

Ahmedabad is home to some of the top MBA colleges in India, making it a prime destination for students after engineering or undergraduate degrees. Known for the best MBA colleges in Ahmedabad, the city offers excellent programs that prepare students for leadership roles in various business sectors.

These MBA programs stand out because of their strong curriculum, experienced faculty, and great job placement opportunities. Studying in Ahmedabad gives students valuable skills and opens up numerous career options in fields like finance, marketing, and human resources.

Table of Content

  • 10 Leading MBA Colleges in Ahmedabad 2024
  • Private MBA Colleges in Ahmedabad 2024
  • Government MBA Colleges in Ahmedabad 2024
  • Most Affordable MBA College in Ahmedabad 2024
  • MBA Colleges for Computer Science in Ahmedabad 2024
  • ROI of Top MBA Colleges in Ahmedabad
  • Eligibility Criteria of the Best MBA Colleges in Ahmedabad
  • Entrance Examinations Accepted by Leading Ahmedabad MBA Colleges
  • Leading Employers for MBA Graduates
  • Affordability of Pursuing an MBA Degree in Ahmedabad 2024
  • Strategies for Making an MBA Affordable in Ahmedabad
  • Conclusion
  • Top MBA Colleges in Ahemdabad 2024 – FAQs

10 Leading MBA Colleges in Ahmedabad 2024

College Name Location Estimated Annual Fees (INR) Official College Website
Indian Institute of Management Ahmedabad (IIM Ahmedabad) Vastrapur, Ahmedabad ₹ 25-30 Lakhs https://www.iima.ac.in/
Mudra Institute of Communications, Ahmedabad (MICA) Sheth Mangaldas Marg, Ahmedabad ₹ 18-20 Lakhs https://www.mica.ac.in/
Nirma University Institute of Management (Nirma University) SG Highway, Ahmedabad ₹ 8-10 Lakhs
Gujarat University School of Business Management (Gujarat University) Navrangpura, Ahmedabad ₹ 2-3 Lakhs https://www.gujaratuniversity.ac.in/all-department?schoolid=33
ICFAI Business School (ICFAI Foundation for Higher Education) Ahmedabad ₹ 6-8 Lakhs https://ibsindia.org/ibs-ahmedabad/
Amity Global Business School (Amity University) Ahmedabad ₹ 4-5 Lakhs
Narayana Business School (Narayana Group of Institutions) Sarkhej, Ahmedabad ₹ 3-4 Lakhs https://nbs.edu.in/
St. Kabir Institute of Professional Studies (SKIPS) Ahmedabad ₹ 3-4 Lakhs https://www.skips.in/
Faculty of Management Sciences, Adani University SG Road, Ahmedabad ₹ 5-7 Lakhs
Silver Oak University School of Management Studies Ahmedabad ₹ 3-4 Lakhs

Private MBA Colleges in Ahmedabad 2024

College Name Location Average Fees (INR) Average Placement Package (INR) Courses Offered
Mudra Institute of Communications, Ahmedabad (MICA) Sheth Mangaldas Marg, Ahmedabad ₹ 18-20 Lakhs ₹ 15-20 Lakhs PGDM in Communication Management, PGDM in Brand Management, PGDM-X (Executive)
Nirma University Institute of Management (Nirma University) SG Highway, Ahmedabad ₹ 8-10 Lakhs ₹ 10-12 Lakhs MBA (Full Time), PGDM (Executive)
ICFAI Business School (ICFAI Foundation for Higher Education) Ahmedabad ₹ 6-8 Lakhs ₹ 8-10 Lakhs MBA (Full Time), Executive MBA
Amity Global Business School (Amity University) Ahmedabad ₹ 4-5 Lakhs ₹ 6-8 Lakhs MBA (Full Time), PGDM
Narayana Business School (Narayana Group of Institutions) Sarkhej, Ahmedabad ₹ 3-4 Lakhs ₹ 4-6 Lakhs MBA (Full Time)
St. Kabir Institute of Professional Studies (SKIPS) Ahmedabad ₹ 3-4 Lakhs ₹ 4-5 Lakhs MBA (Full Time)
Faculty of Management Sciences, Adani University SG Road, Ahmedabad ₹ 5-7 Lakhs Not Available (New Institution) MBA (Full Time)
Silver Oak University School of Management Studies Ahmedabad ₹ 3-4 Lakhs ₹ 4-5 Lakhs MBA (Full Time)

Government MBA Colleges in Ahmedabad 2024

Here is the List of Top 5 Government MBA Colleges in Ahmedabad 2024:

College Name Location Average Fees (INR) Hostel Availability
Gujarat University School of Business Management (Gujarat University) Navrangpura, Ahmedabad ₹ 2-3 Lakhs Yes (Separate hostels for boys and girls)
Ahmedabad Management Association (AMA) Vastrapur, Ahmedabad ₹ 3-4 Lakhs Limited (Off-campus hostel facilities might be available)
LD Institute of Management (LDPI) Ahmedabad ₹ 2-3 Lakhs Yes (Limited availability, check website for details)
B. K. School of Business Management (Gujarat Technological University) Chandkheda, Ahmedabad ₹ 1.5-2.5 Lakhs Yes (Separate hostels for boys and girls)
Institute of Management Studies (Government Engineering College) Sector 23, Gandhinagar (Near Ahmedabad) ₹ 1-2 Lakhs Yes (Limited availability, check website for details)

Important Note: Entrance exam details and fee structures can change year-on-year. Always refer to the official college websites for the latest information.

Most Affordable MBA College in Ahmedabad 2024

Here’s a detailed list of potentially affordable MBA colleges in Ahmedabad for 2024, considering factors like fees and cost of living:

College Name Location Estimated Average Cost of Living (Monthly) Why Affordable
B. K. School of Business Management (Gujarat Technological University) Chandkheda, Ahmedabad ₹ 7,000 – ₹ 10,000 Low tuition fees (₹ 1.5-2.5 Lakhs per year) and relatively affordable living expenses compared to central Ahmedabad.
Institute of Management Studies (Government Engineering College) Sector 23, Gandhinagar (Near Ahmedabad) ₹ 6,000 – ₹ 8,000 Exceptionally low tuition fees (₹ 1-2 Lakhs per year) and potentially lower living expenses compared to Ahmedabad due to its suburban location.
Ahmedabad Management Association (AMA) Vastrapur, Ahmedabad ₹ 8,000 – ₹ 12,000 While tuition fees are slightly higher (₹ 3-4 Lakhs per year), AMA offers scholarships and financial aid options that can significantly reduce the cost of attendance.
GLS University School of Business Studies Sola, Ahmedabad ₹ 8,000 – ₹ 10,000 Moderate tuition fees (potentially lower than some private colleges) and a decent location with access to student housing options that can be cost-effective.
C. U. Patel School of Management (Gujarat University) Navrangpura, Ahmedabad ₹ 8,000 – ₹ 10,000 Located near Gujarat University, this college offers a potential benefit of shared accommodation or affordable housing options with other GU students, reducing living expenses.

Here’s why these colleges are potentially affordable:

  • Government Colleges: Government colleges generally have lower fees compared to private institutions.
  • Smaller Towns: Localities outside Guwahati or Jorhat might have a slightly lower cost of living in terms of accommodation and food expenses.

Additional Tips for Affordability:

  • Scholarships: Explore government scholarships, college-specific scholarships, and grants for MBA students.
  • Part-time Work: Consider part-time jobs or internships to supplement your income during your studies.
  • Simple Living: Be mindful of your expenses and adopt a cost-effective lifestyle while studying.

MBA Colleges for Computer Science in Ahmedabad 2024

Ahmedabad doesn’t offer many combined B.Tech CS + MBA programs. However, there are excellent options for pursuing these degrees sequentially. Here’s a breakdown to help you plan your education:

B.Tech in CS:

  • IIT Ahmedabad (JEE Advanced)
  • Ahmedabad University
  • Nirma University
  • LD College of Engineering
  • Gujarat University College of Engineering

MBA:

  • IIM Ahmedabad (CAT)
  • MICA (MICA PGDM)
  • Nirma University (NMAT)

Alternatives:

  • Research integrated M.Tech programs (uncommon)
  • Consider IIT Guwahati’s 5-year Integrated M.Tech CS&E (out-of-state)

Remember: Choose programs that align with your career goals and research well before applying. The sequential approach equips you with both technical and business skills for a successful tech career.

ROI of Top MBA Colleges in Ahmedabad

ROI stands for Return on Investment. In simple terms, it’s a way to measure how much profit or benefit you get from an investment compared to its cost.

Here’s a list of Top MBA Colleges in Ahmedabad for 2024 with estimated average salary, average fees, and a calculated ROI (Return on Investment):

College Name Location Average Annual Fees (INR) Estimated Average Salary (LPA) ROI (Estimated)
Assam University Silchar ₹ 6,872 ₹ 3.86 High
Dibrugarh University Dibrugarh ₹ 6,940 ₹ 3.34 High
Tezpur University School of Management Studies (SOMS) Tezpur ₹ 72,044 ₹ 5.5 – 6.5 Moderate
Gauhati University Department of Business Administration Guwahati ₹ 38,240 ₹ 4.0 – 5.0 Moderate
Royal Global University Guwahati Not Available (Research Needed) Not Available (Research Needed) Not Available

Eligibility Criteria of the Best MBA Colleges in Ahmedabad

The eligibility criteria for admission to top MBA colleges in Ahmedabad generally involve a combination of the following factors:

Academic Background:

  • Bachelor’s degree in any discipline from a recognized university with a minimum percentage requirement. Typically, this ranges from 50% to 60% for most colleges, with some exceptions for top institutions like IIM Ahmedabad which might have higher cut-offs.

Entrance Exams:

  • National Level: Most colleges require scores from national-level MBA entrance exams like CAT (Common Admission Test), XAT (Xavier Aptitude Test), CMAT (Common Management Admission Test), MAT (Management Aptitude Test), or ATMA (Alagappa Technical Management Association) for shortlisting candidates. The specific exam accepted and the minimum cut-off score will vary depending on the college.
  • University-Specific Exams: Some colleges might conduct their own entrance exams or written tests alongside national-level exam scores for the selection process.

Work Experience:

  • While not mandatory for all colleges, some top B-schools in Ahmedabad might prefer candidates with work experience (typically 2-3 years) to enrich classroom discussions and enhance program value.

Other factors:

  • Group Discussion (GD) and Personal Interview (PI): Shortlisted candidates will usually be called for a GD and PI to assess their communication, interpersonal skills, leadership potential, and motivation for pursuing an MBA.
  • Diversity: Some colleges might consider factors like academic diversity (e.g., non-engineering backgrounds) or work experience in specific sectors to create a well-rounded student cohort.

Note: It’s crucial to check the official websites of the colleges you’re interested in for the latest and most accurate information on their specific eligibility criteria, entrance exams accepted, and application deadlines.

Entrance Examinations Accepted by Leading Ahmedabad MBA Colleges

Here are list of Entrance Exams Accepted by Leading Ahmedabad MBA Colleges:

National Level Exams:

  • CAT (Common Admission Test): Widely accepted by most top MBA colleges in India, including IIM Ahmedabad.
  • XAT (Xavier Aptitude Test): Primarily accepted by XLRI institutions but also considered by some Ahmedabad colleges like MICA.
  • CMAT (Common Management Admission Test): A national-level exam accepted by several colleges as an alternative to CAT.
  • MAT (Management Aptitude Test): Conducted multiple times a year, MAT is a popular option for students seeking admission to various B-schools across India, including some in Ahmedabad.
  • ATMA (Alagappa Technical Management Association): Primarily focused on engineering and technology management programs, ATMA scores might be accepted by some Ahmedabad colleges with such specializations.

State Level Exams (Not Applicable):

Ahmedabad, being located in Gujarat, doesn’t have a separate state-level MBA entrance exam. All the major colleges rely on national-level exams for admissions.

Leading Employers for MBA Graduates

Leading Employer Type Examples Estimated Salary Range (LPA)
Management Consulting Firms BCG (Boston Consulting Group), McKinsey & Company, Bain & Company, Kearney ₹ 18 – 30
Information Technology (IT) & E-commerce Amazon, TCS (Tata Consultancy Services), Infosys, Flipkart, Swiggy ₹ 10 – 20
Fast-Moving Consumer Goods (FMCG) Hindustan Unilever Limited (HUL), Marico, ITC Limited, Godrej Consumer Products Limited (GCPL) ₹ 12 – 18
Pharmaceutical & Healthcare Cadila Healthcare, Torrent Pharmaceuticals, Zydus Cadila, Sun Pharma Industries Ltd. ₹ 10 – 15
Financial Services & Banking Adani Capital, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank ₹ 8 – 15
Manufacturing & Automobiles Adani Group, Tata Motors, Maruti Suzuki, Apollo Tyres Ltd. ₹ 10 – 15
Consumer Durables & Retail Havells India Ltd., Voltas Limited, Reliance Industries Limited (RIL), Aditya Birla Group ₹ 10 – 15
Telecom & Media Reliance Jio Infocomm Ltd., Airtel, Adani Media Network ₹ 8 – 12

Important Notes:

  • The estimated salary ranges are based on industry averages and can vary depending on factors like the specific company, job role, specialization, experience, and individual performance.
  • Signing bonuses, stock options, and other benefits can further enhance the overall compensation package.

Affordability of Pursuing an MBA Degree in Ahmedabad 2024

The affordability of an MBA in Ahmedabad can vary significantly depending on several factors:

  • Type of College:
    • Government Colleges: Offer significantly lower tuition fees (typically ₹ 1 – 3 Lakhs per year). Examples include Gujarat University School of Business Management, LD Institute of Management, Institute of Management Studies (Government Engineering College).
    • Private Colleges: Tuition fees can range from ₹ 4 – 10 Lakhs per year, with some premium institutions charging even higher. Examples include Nirma University Institute of Management, MICA, ICFAI Business School.
  • Scholarship Opportunities: Many colleges offer scholarships and financial aid programs based on merit, academic performance, or specific backgrounds. Researching these options can significantly reduce your financial burden.
  • Living Expenses: The cost of living in Ahmedabad is generally considered moderate compared to other major Indian cities. Factors like accommodation type, food choices, and transportation habits can impact your overall living expenses.

Here’s a breakdown of costs to consider:

  • Tuition Fees: As mentioned above, this can vary greatly depending on the college you choose.
  • Accommodation: On-campus hostels can be economical, but limited availability might exist. Renting an apartment or shared accommodation can be an option, with costs varying based on location and amenities.
  • Food: Eating out regularly can add up. Exploring self-catering options or affordable eateries can help manage food costs.
  • Transportation: Public transportation in Ahmedabad is affordable. Owning a vehicle adds fuel and maintenance costs.
  • Course Materials: Textbooks, stationery, and other supplies can contribute to the overall cost.

Strategies for Making an MBA Affordable in Ahmedabad

  • Target Government Colleges: Explore government colleges known for their quality education and much lower tuition fees compared to private institutions.
  • Research Scholarships: Apply for scholarships offered by colleges, government schemes, or external organizations to offset costs.
  • Consider Work Experience & Loans: Having work experience can improve your scholarship prospects and open doors for education loans with attractive repayment plans.
  • Manage Living Expenses: Explore affordable housing options, cook meals at home occasionally, and utilize public transportation to minimize living costs.
  • Choose the Right Program: Select an MBA program that aligns with your career goals and offers a strong return on investment (ROI).

Conclusion

In conclusion, these are the top MBA colleges in Ahmedabad for students to get into. They are ranked based on their infrastructure, facilities, academics, and placement records. Students can put in hard work and can get into one of these institutes to get the best placements, best facilities and make their future.

Top MBA Colleges in Ahemdabad 2024 – FAQs

Which are the top MBA colleges in Ahmedabad?

The top MBA colleges in Ahmedabad include the Indian Institute of Management (IIM) Ahmedabad, MICA Ahmedabad, Nirma University, Gujarat University, and IBS Ahmedabad.

What are the specializations offered by these colleges?

The top MBA specializations in Ahmedabad include Human Resource Management, Finance, and others.

What is the fee structure for these colleges?

The fee for an MBA course at IIM Ahmedabad is around INR 24.61 Lakhs. The average fees for MBA courses in the best MBA colleges in Ahmedabad range between INR 1.5 to INR 32 lakhs per year.

What is the admission process for these colleges?

Admissions into the best MBA colleges in Ahmedabad are offered based on entrance exams such as CAT, XAT, CMAT followed by the GD/PI.

Which colleges offer the best placement opportunities?

Colleges like the Indian Institute of Management Ahmedabad, BK School of Management, and the Institute of Rural Management Anand are known to offer great placements.



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