With the expansion of economy, infrastructure and technology globally, demand for world-class managers is also growing rapidly. This is one of the biggest factors behind the popularity of management studies world over. MBA qualified managers are not only seen with high respect but also command good positions in reputed companies.
India is home to some of the best B-schools of the world. Apart from Indian Institutes of Management (IIMs), there are several other B-schools, institutes and universities which are offering a degree or diploma in management. There are 13 IIMs in India and all of those are located in different cities namely Ahmedabad, Bangalore, Kolkata, Indore, Lucknow, Kozhikode, Shillong, Ranchi, Rohtak, Raipur, Udaipur, Kashipur and Trichy.
In India, management studies are synonymous with the IIMs. Indian Institute of Management in Ahmedabad (IIM-A) is amongst the topmost B-schools in India and Asia. It has been ranked as the 11th Best B-school in the world in the 2011 Financial Times Global MBA School Rankings for its PGPX diploma program.
IIM at Bangalore (IIM-B) is ranked amongst the top three business schools in the country. This premier business school, located in India’s IT hub, is in close proximity to some of the leading corporate houses in the country. The IIM-B has world-class infrastructure that facilitates excellence in teaching, research consulting and other professional activities. These qualities rank IIM-B among the 25 best B-schools across the world.
A few of the topmost business schools, apart from the IIMs are Indian institute of foreign trade (IIFT) New Delhi, Symbiosis Institute of Business Management (SIBM), Pune, Faculty of Management Studies(FMS) New Delhi, Xavier Labour Relations Institute (XLRI) Jamshedpur, Management Development Institute (MDI) Gurgaon and Indian School of Business (ISM) Hyderabad. With high quality of education and world-class faculty these institutes are placed in some of the World’s best B-schools rankings.
Today more and more MBA schools and management institutes are coming in the country. However, when it comes to choosing MBA colleges and universities, students get confused as to which college and university they should select. These institutes are offering full time programs as well as distance learning online MBA and part-time executives MBA programs. There are number of B-school Guides and B-school rankings available for students to know about different business schools in the country. Apart from that, there are a number of educational organisations that hold B-school fairs and B-school events to help MBA aspirants.