Business education is said to be the futuristic education and career option today. India is growing to the level of a world power and thus economy of the country is so inviting for entrepreneurs to invest in India. The IT sector and manufacturing industry have witnessed many leading world level firms beginning the operations in India. India is targeted as the base station for many IT firms and manufacturing units because of few aspects life cheap work force, professional talent pool and availability of skilled and trained professionals. When all these features are combined in a single region,no wonder why companies are attracted to India!
In earlier times professional education meant only medicine, engineering or law. But today, business education has overtaken all of them and has gained the role of most aspiring career option for the latest generation. Diverting from Business administration course is not a single phased one as there are different streams of MBA like MBA in finance, human resource, hospital administration, hospitality management etc… MBA or business education helps a person to learn the skills of business functioning and also integrating the various business verticals. Let us see few of the most renowned business education institutes or B-Schools in India.
IIMA (Indian Institute of Management, Ahmedabad)
Considered as one of the most renowned business school in India, the IIMA offers world class education on various streams of business education. Located at the city of Ahmedabad, in the Indian state of Gujarat, the IIMA facilitates four various programs on management. The PGP - Post Graduate Program (equivalent to MBA), the FPM - Fellowship Program in Management (equivalent to Ph.D), the FDP- Faculty Development Program for Management teachers and Trainers and the MDP - Management Development Program.
IIMC (Indian Institute of Management Calcutta)
IIMC is the oldest among IIMS and when the quality of education, career opportunities for the pass outs from IIMC etc… are considered, IIMC can be called one of the leading business schools in India. There are three full time programs offered by IIMC. The PGDM - Post Graduate Program in Management (equivalent to MBA), the FPM - Fellowship Program in Management, the PGDCM - Post Graduate Diploma in Computer Aided Management. There is a part time course offered for the managers with required work experience. The part time course is PGDBM - Post Graduate Diploma in Business Management. Additionally MDP - Management Development Programs are held in regular intervals for middle and top level managers.
XLRI (Xavier Labor Research Institute Jamshedpur)
This institute has a long history of providing business education to students since 1949. In fact, in 1949 business education was not even in the dreams of any student. Renowned as XLRI the Xavier labor research institute offers two courses at the post graduation level in management - a post graduate diploma in Business administration and a post graduate diploma in Personnel Management and Industrial Relations (PMIR).
ISB (Indian School of Business, Hyderabad)
This is one of the preferred locations for business students. The exclusivity of ISB is that it offers a tight packed one year course in management. Along with experienced permanent faculty, ISB also has several highly qualified and experienced visiting faculties from Wharton, Kellogg, Harvard, Stanford, Chicago, Duke, Texas etc…
SPJIMR (SP Jain Institute of Management, Mumbai)
This is one of the leading business schools in India. Located at the business capital of India, Mumbai, the school offers various professional courses on Business management and administration to national and international students. The PGDM [program offered by SPJIMR is regarded as one of the best in the country. Finance Management, Marketing Management, Information Management and Manufacturing & Operations Management etc… are the main streams of management courses in SPJIMR.
NMIMS (Narsee Monjee Institute of Management Studies, Mumbai)
The NMIMS, Mumbai is one of the best preferred locations for business studies in India. NMIMS offers a two-year full-time program, spread over six trimesters and leading to the degree in Master of Business Administration. Students can avail admission based on a written admission test and later a group discussion and personal interview. The difficulty in getting into such schools make the best talents enters courses.