Kolkata, also known as Calcutta, is the seventh largest city in terms of its population in India. Some of the famous management institutes are the Indian Institute of Management, Calcutta, situated in Kolkata. On the other hand, Kolkata is the capital of West Bengal, which is one of the states in India. Culturally, the city is endowed with a lot of historical value. These establishments include Indian Institute of Science Education and Research, Bose Institute, Centre for Studies in Social Sciences, Indian Institute of Social Welfare and Business Management, or IISWBM and other research institutions that exist in Kolkata. In the following article, you will get to know the list of MBA colleges in Kolkata and the MBA specializations available in colleges in Kolkata
It is found out that there are about 150 management schools in Kolkata that offer good quality education and immense job opportunities. Today the city has been opened for students from different parts of the country and offers them an interesting academic process. Here are the MBA colleges in Kolkata, along with the tests that are considered and the fee structure.
Name of the Institute | Fees (in rs) |
---|---|
IISWBM Kolkata | Rs. 3.65 lakhs |
NSHM Kolkata | Rs. 6.68 lakhs |
FIEM Kolkata | Rs. 4.96 lakhs |
Department of Business Management, University of Calcutta | Rs. 0.96 lakhs |
IBM Kolkata | Rs. 3.90 lakhs |
St Mary's Technical Campus, Kolkata | Rs. 1.20 lakhs |
Institute of International Trade, Kolkata | Rs. 3.50 lakhs |
Institute of Management Study, Kolkata | Rs. 3.75 lakhs |
Brainware University, Kolkata | Rs. 3.80 lakhs |
Guru Nanak Institute of Hotel Management, Kolkata | Rs. 3.48 lakhs |
The educational scenario of the city of Kolkata has come under a drastic transformation in the years. In view of the above points mentioned, it can be summarized that Kolkata is the symbol of the education hub of Eastern India. The present scenario is that there are more than 90 management colleges in the city of Kolkata. This is because several industries are located near the site, therefore rendering better placements as well as remunerations. Kolkata holds the eastern zonal office of the Reserve Bank of India.
The city is headquarters for a large number of manufacturing industries like Larsen & Toubro, ITC Limited, Exide Industries, Emami, Eveready Industries India, Lux industries, Birla Corporation, Britannia Industries, etc. Kolkata is also headquarters of many Nationalized banks; among them are UCO Bank & United Bank of India. Some of the prominent Public sector companies which are located in Kolkata include Coal India Limited National Insurance Company, etc. Kolkata welcomes students from all over the country cordially and the cost of living in this city also is fairly affordable. As the following points show, students can have the best experience in this city to study MBA.
MBA specializations are dynamic because markets evolve over time; hence, MBA specialization increases overtime. Operations/Logistics and Supply Chain Management, Accounting & Finance, Human Resource Management, Sales & Marketing, and Management of International Business are few of the specializations that are most popular now, and they were also popular in the past. These are the top MBA specializations, and the scope is provided below.
MBA in Finance
One of the most important aspects of any business, regardless of the company size, is always financial management. It ensures capital is preserved and only spent wisely, with emphasis on increasing the profit margin. This specialization should equip students with all the skills and the conceptual tools to address challenges and/or provide solutions and new thoughts in the financial industry.
Human Resource Management as a Major for MBA
Indeed, human resource management plays a central role in developing a workforce system and organizational climate that is suitable for the enhancement of the organizational effectiveness of a firm. Employment relations and its legal framework, HR strategy formulation and its interface with the workforce, understanding of the theoretical framework in HR, dynamics of the workforce, performance, managing and HR auditing, pay structure and reward, payroll management, talent management, cross-cultural and international HRM, as well as others, are the key areas of learning under the HR specialization. The MBA in HRM is important in building the capacity of HR professionals by providing them knowledge and skills of how to tactfully ensure that members of staff are aligned to work cohesively toward the overall organization goals.
MBA in Marketing Management and Sales
Marketing management can, therefore, be said to have become a central feature of any business’s success. Marketing’s goal is to understand customers’ needs and, from there, sell more goods in a traditional way. Therefore, gaining mastery in market strategies has been highly desirable to organizations out there due to volatility in the economy. As the market environment turns competitive, understanding the needs of the customers, recognizing the new requirements of the customers, and managing the sales and distribution are some of the challenges of marketing. In this specialization, learners will be able to expand their knowledge about marketing.
MBA in International Business
To expand one’s knowledge of the subject in international business, an MBA is useful in understanding how the foreign markets operate and also for preparing people for managerial positions alongside researching transnational and cross-cultural phenomena based on the experiences of individuals who have studied cultures, the geography of different countries, and their socioeconomic conditions. MBA International Business is a course that prepares students there as business managers in the area of international management. With this MBA specialization, you shall be able to evaluate global marketing issues and provide solutions to them.
A few MBA colleges in India offer direct MBA admission without writing an entrance test to the students. This happens primarily for those students who have performed well in their previous education or have been athletes, engaged in volunteering or work, and can bring cultural diversity to the class.