In the last two decades or so, India is rapidly nurturing as an institutional powerhouse; hosting some of the world’s most eminent B-schools. Each promising a world-class education to go along with excellence in academic infrastructure. On the whole, the fee structure of most elite business colleges in India is quite high, beyond the monetary horizon of the middle class section of the society. However, there are certain institutions having a substantially low-cost MBA degree program without settling on the level of both theoretical and practical education, and three of them are mentioned below:
Faculty of Management Studies (FMS)
Established in 1954, FMS is amongst the oldest and the most prestigious B-schools in India offering full-time management degree program. Adhering to the university of Delhi, this management college is ranked No 1 in India for its high return on investment, and good placement statistics. Admission to its 2-year flagship full-time MBA course is done via CAT (common admission test) followed by extempore personal interview round. Other than the cumulative performance of a candidate’s CAT score and interview, the basic criteria are, he or she must have a Bachelor’s degree with at least 50% marks(while 45% for SC, ST, OBC, PWD, and CW), or equivalent CGPA score.
Malkaganj Marg, University Enclave, New Delhi – 110007
Jamnalal Bajaj Institute of Management Studies (JBIMS)
Often pronounced as Jamnalal Bajaj Institute of Management Studies, JBIMS one of India’s finest MBA college named after late business tycoon and philanthropist, Jamnalal Bajaj managed by the University of Mumbai. Owing to an extensive list of individuals, who have occupied top positions MNCs across the nation is often termed as the CEO factory in India.
Address: HT Parekh Marg, Churchgate, Mumbai – 400020
MET Institute of Management
MET Institute of Management is affiliated to the university of Mumbai, recognized and administered by AICTE. The institute campus adheres to the best-in-class, B-school infrastructure, fully wifi campus, with the state-of-art AC rooms, enabled libraries covering over 60,000 books. The placement record of its 2-year full-time MBA is quite good, and even during the recession phase of India in 2006.
Mumbai Educational Trust, Bhujbal Knowledge Center, Bandra Reclamation, Bandra (West), Mumbai – 400050
For admission procedure, criteria, notifications, check out their official websites.