It is the time of the year when all the MBA aspirants are trying hard to improve their performance for CAT exam. The idea of getting into one of the coveted IIMs struck into their mind so hard that another important thing gets skipped. There are many top MBA institutes accepting CAT score which are as par the IIMs in terms of brand value and placements. So you must also try for these institutes as well.
This will increase your chances of getting into Top management schools. And you will have the same 2 years experience that you might have in your dream college.
Institutes Accepting CAT Score
Some of the points that you should look for while selecting your MBA college are:
- Academic Strength – Faculty profile, Research and Innovation measures as the industry values a strong foundation in academics. MBA is not just a ‘skills course’!
- Alumni Network – Well-placed Alumni reflect the status of the institute, and beyond campus placements, it is the alumni who can help foster and mentor your career
- Corporate Interface – It’s about simulated experiences, schools need to participate in corporate competitions and have a corporate presence on campus with lectures and seminars.
- Placement History – This needs to show a clear growth trajectory (especially in placement packages). A good indicator would also be lowest average salaries of last 100 students as well as the profiles and sectors offered.
So, here is an exclusive list of top MBA institutes accepting CAT score for you to choose. In terms of summer placements and final placements, they are comparable with the IIMs. If we talk about their brand value, these institutes even prove to be more reputed than some of the newer IIMs.
MBA from IITs
Many of you are might not be aware of the fact that you can have your MBA from IITs. The IITs also score points when it comes to the cost of MBA education. The fees ranges from Rs. 2-8 lakh for an MBA in IITs as compared to the hefty fees of IIMs which can be up to Rs. 20 lakh. As for placements and RoI, many companies that offer the most attractive pay have opened their recruiting efforts for the MBA graduates of India’s elite IITs.
Department of Management Studies, IIT Delhi is considered as the best among the 7 IITs that currently offer Management Programs including IIT (ISM) DHANBAD.
Shailesh J. Mehta School of Management, (SJMSOM) IIT Mumbai is another option for you to opt for your MBA. The minimum score that you have to target is about 98+ percentile in CAT. Then there is a good chance that you will get an interview call from these IITs.
S.P. Jain Institute of Management & Research, Mumbai
In the rankings of the MBA colleges of India, SPJIMR, Mumbai always comes in the bracket of top 10. It is one of the constituent colleges of Bhartiya Vidya Bhawan. And it considers CAT as well as XAT and GMAT score for admission to its various management program.
Management Development Institute (MDI), Gurgaon
MDI, Gurgaon is a popular business school and is considered best among the MBA colleges. It was established in 1973 by Industrial Financial Corporation of India and currently ranks 16th in NIRF rankings of best business schools. MDI reports 100 per cent placements every year. For its 2015-17 batch, the average package of Rs 18.89 LPA . The highest domestic offer stood at Rs 28 lakh which is definitely an appreciable number.
Faculty of Management Studies, Delhi
From Return of Investment point of view, this is going to be the best choice for your MBA program. It has the lowest course fees – the annual fee for Full Time MBA is only Rs. 10,480 per annum. Based in Delhi it will also provide opportunities for networking. And the average figures are also very attractive.
National Institute of Industrial Engineering, Mumbai
NITIE, Mumbai is ranked 12th on the list of best management colleges and 36th among Engineering Institutes by NIRF. For those who are considering a solid career in Industrial and Manufacturing Management, opting NITIE would be the best option. The college prefers engineers the most so B.Tech graduates have an extra edge over others.
Institute of Management technology, Ghaziabad
IMT, Ghaziabad is another most reputed college for MBA program. The institute is an autonomous body and was established in 1980. NIRF has ranked it 24th in its management rankings. It accepts CAT score along with XAT and GMAT for admission. The highest international offer it had was 25 LPA.
Finally, now you know where you have to target for getting into the top B-schools. Just focus on your CAT score, give mocks and ALL THE BEST!
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