Kolkata, the cultural capital of India, is also home to some of the country’s most prestigious MBA colleges. With a rich academic history and a thriving business ecosystem, the city offers aspiring managers a diverse range of MBA programs. From government-run institutions to private colleges, Kolkata boasts a variety of options that provide world-class education, excellent faculty, and strong industry connections.

This blog will look closer at Kolkata’s Top 20 MBA Colleges, showcasing institutions known for their outstanding curriculum, placement records, and career growth opportunities. Whether you’re looking for an MBA in Finance, Marketing, or International Business, Kolkata-based MBA colleges offer programs that cater to every aspiring business leader’s needs. Let’s dive into the best options available in this vibrant city

1. IIM (Indian Institute of Management), Calcutta

The Indian Institute of Management, Calcutta, offers a range of prestigious programs for both students and executives. It is the only management institute in India with triple accreditation and is considered one of the top business schools globally.

• Programs: MBA/PGDM and Executive MBA/PGDM
• Total Fees: INR 25 Lakhs – INR 31 Lakhs
• Highest Package: INR 1.2 Crores
• Average Package: INR 35.07 Lakhs per annum

During the 2024 placements, IIM Calcutta saw impressive results, with top recruiters such as Goldman Sachs, Amazon, Deloitte, Google, Accenture, IBM, etc. hiring graduates. Known for its strong industry connections and excellent academic standards, IIM Calcutta continues to be a top choice for aspiring business leaders.

2. MDI (Management Development Institute), Murshidabad

MDI Murshidabad stems from Management Development Institute Gurgaon in 2014 to become its modern extension among business schools. The MBA programme at MDI Murshidabad in Murshidabad near Kolkata focuses on leadership development and innovation through its curriculum. The institution provides both contemporary infrastructure along with accomplished teachers and multiple connexions throughout industry network. The PGDM programme at the school trains students for sector-based leadership positions and delivers impressive placement outcomes.

• Program: PGDM (Post Graduate Diploma in Management)
• Total Fees: INR 15.50 Lakhs
• Highest Package: INR 40 LPA
• Average Package: INR 11.76 LPA

Notable companies that recruited students from the institute include Sutherland Global, Hexaware Technologies, Saint-Gobain, ICICI Bank, Infosys, Berkadia and others participate in the placement drives annually.

3.  IMI(International Management Institute), Kolkata

IMI Kolkata, established in 2010, is India’s first corporate-sponsored business school. Known for

its strong industry connections, it provides students with opportunities to gain practical insights and hands-on experience. The institute also has collaborations with universities and business schools in Asia, Europe, and North America, offering global exposure to its students.

• Program: PGDM (Post Graduate Diploma in Management)
• Total Fees: INR 14.00 Lakhs
• Highest Package: INR 20.38 LPA
• Average Package: INR 12.02 LPA

Top companies like Aditya Birla Group, KPMG, Amazon, PwC, and many others recruit from IMI Kolkata, making it an excellent choice for aspiring management professionals looking for strong career prospects.

4.  Indian Institute of Social Welfare and Business Management(IISWBM), Kolkata

IISWBM (Indian Institute of Social Welfare and Business Management) was founded on April 25, 1953. Its mission is to prepare future-ready managers for the global business world. The institute focuses on providing its students with both theoretical knowledge and practical managerial skills.

• Program: MBA
• Total Fees: INR 3.05 – 8.10 Lakhs
• Highest Package: INR18.00 LPA
• Average Package: INR 9.00 LPA

The Institute has a strong placement record, with top recruiters like TATA, HSBC, Cognizant, EY, PWC, Reliance, and others participating in the placement drives.

5.  Praxis Business School, Kolkata

Praxis Business School was established in 2007. The university has a mission to create professionals ready for industry with theoretical and practical knowledge.

• Program: PGDM (Post Graduate Diploma in Management)
• Total Fees: INR 7.80 – 9.51 Lakhs
• Highest Package: INR 17.60 LPA
• Average Package: INR 9.08 LPA

Top Recruiter Companies like Axis Bank, Genpact, PwC SDC, HDFC Bank, and many more participate in the placement drive of Praxis Business School every year.

6.  IQ City United World School of Business (UW), Kolkata

It was established in 2009. It aims to provide world-class education to its students.

• Program: MBA
• Total Fees: INR 7.20 Lakhs
• Highest Package: INR 12-14 LPA
• Average Package: INR 4.5-5.5 LPA

The University consistently produces graduates who are recruited by prestigious companies like Airbus, Nykaa, Flipkart, Amazon, and TCS.Amazon, Nestle, HDFC, Mahindra, PWC and many more.

7. St. Xavier Business School, Kolkata

It is a private college established in the year 2017. Its mission is to create professionals who are competent business leaders.

• Programme: MBA
• Total Fees: INR 10.8 Lakhs
• Highest Package: INR 12 LPA
• Average Package: INR 7.5 LPA

Top Recruiter Companies like Dabur, TCS, Reliance, KPMG, Wipro, HCL Technologies, and many more participate in the placement drive of St. Xavier Business School, Kolkata every year.

8.  Globsyn Business School (GBS), Kolkata

Globsyn Business School (GBS), established in 2002, is a private institution in Kolkata known for its industry-oriented approach and strong placement record. It offers AICTE-approved PGDM and MBA programs.

• Program: PGDM (Post Graduate Diploma in Management)
• Total Fees: INR 8.50 Lakhs
• Highest Package: INR 18.33 LPA
• Average Package: INR 7.69 LPA

Top Companies like Deloitte, PwC, Amazon, ICICI Bank, Nestlé, and ITC participate in the placement drives annually.GBS emphasizes hands-on learning, internships, and corporate exposure, which contribute to a 100% placement rate. The curriculum integrates practical and theoretical knowledge to prepare students for diverse industries

9.  Institute of Engineering and Management (IEM), Kolkata

The Institute of Engineering and Management was founded in 1989. It is famous for its high standards in technical and managerial fields.

• Program: MBA
• Total Fees: INR 8.0 Lakhs
• Highest Package: INR 72.0 LPA
• Average Package: INR 15.0 LPA

Top recruiters such as TCS, Wipro, Accenture, Google, Deloitte, IBM, Microsoft, and many more are hiring graduates from the Institute every year.

10.    ISB&M, Kolkata (International School of Business and Media)

ISB&M was established in 2004. The mission of this business school is to create dynamic professionals who have the power to lead the changing environment of global business.

• Programme: MBA
• Total Fees: INR 9.6 Lakhs
• Highest Package: INR 18 LPA
• Average Package: INR 10.8 LPA

Recruiter companies like Google, HDFC Bank, ABP News, A.T. Kearney Limited, Accenture, and many more participate in the placement drive every year.

11.   NSHM Knowledge Campus, Kolkata

NSHM, Kolkata campus was established in the year 2006. The mission of this campus is to provide professionals with innovative skills.

• Programme: MBA
• Total Fees: INR 6.20 Lakhs
• Highest Package: INR 12 LPA
• Average Package: INR 5.6 LPA

Recruiter companies like EY, KPMG, AMRI Hospitals, ZARA, and ZEE5. Disney Hotstar and many more participate in the placement drives annually.

12.   Bengal Institute of Business Studies (BIBS), Kolkata

BIBS (Bengal Institute of Business Studies) was established in 2008 and is one of the most well- known private colleges in Kolkata.

• Program: MBA+PGP
• Fees: INR 6.48 Lakhs
• Highest Package: INR 13.5 LPA
• Average Package: INR 6 LPA

Top Companies like Dabur, ITC, Reliance, ICICI Bank, HDFC Bank, and others participate in the placement drives annually.

13.   AIM (Army Institute of Management), Kolkata

The Army Institute of Management was established on 28 July 1997. The vision of this college is to popularize management excellence in all dimensions. It enhances students by offering innovative, technological, and practical–driven management programs.

• Programme: MBA
• Total Fees: INR 7.64 Lakhs
• Highest Package: INR 15 LPA
• Average Package: INR 8 LPA

Leading companies such as Berger, HDFC, E&Y, Air India, Bandhan Bank, and many more actively recruit graduates from the University every year.

14.   ICFAI(Institute of Chartered Financial Analysts of India) Business School , Kolkata

ICFAI Business School was established in the year 1995. The mission of this business school is to create professionals who can solve problems taking into consideration the broad perspective.

• Program: MBA/PGDM
• Total Fees: INR 9.10 Lakhs
• Highest Package: INR 29.0 LPA
• Average Package: INR 7.48 LPA

Renowned organizations like Axis Bank, Federal Bank, HDFC Bank, Deloitte, Zomat,o and many more select talented graduates from the B-School each year.

15.   Swami Vivekananda Institute of Management & Computer Science, Kolkata

Swami Vivekananda Institute of Management & Computer Science was founded in 2008. The college aims to provide quality education, build positive attitudes, and equip students with the skills and knowledge needed to become capable and socially responsible individuals.

• Program: MBA
• Total Fees: INR 5.20 Lakhs
• Highest Package: INR 10.0 LPA
• Average Package: INR 5.0 LPA

Notable companies that recruited students from the institute include ITC and Salam Enterprises among others. These placements reflect the institution’s strong connections with leading industry players and its commitment to providing career opportunities for its students.

16.   Institute of Management Study (IMS), Kolkata

IMS, Kolkata was established in 2006 and is one of the top colleges in West Bengal. The institute’s mission is to provide skills and knowledge that help build successful careers across various sectors.

• Program: MBA
• Total Fees: INR 5.75 Lakhs, MBA (Blended): INR 3.75 Lakhs
• Highest Package: INR 4.8 LPA

• Average Package: INR 2.4 LPA

Recruiter companies like BYJU’S, ANTARA, Lenskart, Bandhan Bank, and others participated in the institute’s recent placement drive.

17.   Heritage Business School, Kolkata

Heritage Business School started MBA degree courses in 2003. The mission of this business school is to prepare students with entrepreneurial and professional skills.

• Programme: MBA
• Total Fees: INR 6.90 Lakhs
• Highest Package: INR 9.2 LPA
• Average Package: INR 5.4 LPA

Graduates from the B-School are hired annually by top recruiters, including Accenture, HDFC Bank, Genpact, Infosys, and many more.

18.   Calcutta Institute Of Engineering & Management (CIEM), Kolkata

This institute was established in 2003. CIEM is a reputed and self-financed college in West Bengal. It aims to nurture innovators and leaders to lead in a global world.

• Program: MBA/PGDM
• Total Fees: INR 4.75 Lakhs
• Highest Package: INR 10 LPA
• Average Package: INR 2.5 LPA

Every year, esteemed companies such as Google, Amazon, TCS, IBM, Deloitte, Cognizant, Accenture, and many more employees graduate from the Institute.

19.   Adamas University, Kolkata

It is a private university established in the year 2014. This university aims to provide interdisciplinary education, research, and innovation to the students.

• Programme: MBA
• Total Fees: INR 6.37 Lakhs
• Highest Package: INR 1 Crore
• Average Package: INR 4.5 LPA

Recruiter companies like Airbus, Nykaa, Flipkart, Amazon, TCS, and many more.are hiring graduates from the University every year.

20.   Brainware University, Kolkata

This university was established in the year 2016. It creates diverse and market-driven programs for the students that combine affordability and quality.

• Programme: MBA
• Total Fees: INR 4.54 Lakhs
• Highest Package: INR 12 LPA
• Average Package: INR 3.5 LPA

Top Recruiter Companies like Wipro, Berger, Naukri.com, Tech Mahindra, and many more participate in the placement drive every year.

Conclusion:

Kolkata has some of the best MBA colleges in India, offering great education, industry exposure, and career opportunities. Whether you want affordable options, good placements, or a global curriculum, Kolkata has something for everyone.

If you are ready to start your MBA journey, visit Guide Me Education Services. We can help you get into your dream college and build a bright future. Don’t wait—start today!