Mba Online

People in India came to realize the significance of an MBA degree in the post liberalization period. With the privatization of many sectors, India witnessed an abrupt change. The MNCs made an MBA degree must for all high-paying, high-rank jobs. The top Indian corporate houses too followed suit and then there was a mad rush for the MBA degree. Even established professionals from different fields started being enrolled in MBA programs. Today, the MBA degree is regarded as the most popular business qualification and it is believed to give the necessary boost to one's career prospects.

All these changes stressed the importance of Management Education and a number of Management Institutes came up. Presently, there are more than 1000 MBA schools in India, of which about 100 are well recognized worldwide.

Leading Business Schools In India

MBA, in India, has been synonymous to Indian Institutes of Management (IIMs). Although the IIMs offer Post-Graduate Diploma in Management rather than an MBA degree, they rank among world's premiere business schools.

Among the 6 IIMs, IIM Ahmedabad is the No.1 in India and offers 4-programs in management. It was this Management Institute that introduced case studies as a vital aspect of the MBA curriculum. IIM Calcutta was the first Indian Institute for post-graduate studies and research in management. Established in 1961, the institute offers 3 full-time programs. IIM Lucknow conducts 4 different programs. IIM Lucknow has a remarkable student exchange program, where students of this B-School go to premier B-Schools in other parts of the world to complete a part of their education.

The next in line is the Indian School of Business (ISB). Founded by its partners Wharton Business School, Kellogg School of Management and London Business School, ISB is the premier one-year US style Business School in India that focuses on the Indian-International Businesses. The institute awards neither a degree nor even a diploma; the students following the course are only recognized through a Certificate.

All these premier institutes have very tough selection processes; aspiring candidates need to get through the Common Admission Test (CAT) or the GMAT with very high scores for getting admission in these business schools.

Other Listed Business Schools in India

In recent times, some other reputed institutes have come up with MBA curriculum. The process of selection in these Business Schools is a bit less stringent. These Management Schools, offering part-time and distance MBA programs, too have become immensely popular in India. The MBA programs offered by ICFAI, IGNOU, NMIMS, TASMAC, and other such reliable names are great alternatives for working professionals and others who cannot pursue a regular MBA program. One year Executive MBA courses are also offered by many institutes like the XLRI. Most of these part-time and distance learning MBA programs provide interactive sessions and industry standard training for the learners.

Before you decide to do your MBA in India and opt for any of these programs, make sure that the institute offering the MBA or equivalent degree is recognized by All India Council for Technical Education (AICTE).