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Top MMS Colleges in India - 2024 Rankings, Fees, Placements, Eligibility, and Scholarships

Indian MMS: The Master of Management Studies in India

It is a postgraduate course and one of the sought-after programmes for students because it helps them in getting the most crucial knowledge and skill of all – managing an organisation. India: The competition level is slightly high in India as few top business schools offer such courses. The list above shows the best MMS colleges in India for 2024 with rank, as well as Exodus Rankings and Rankings for ROI, PG Salary, Recognition & Accreditation (RAR), +/- after Fee on Money invested for the course — the list is prepared considering a lot of parameter; these colleges will further draw an excel sheet where interested ones should fill your details to get more personalized solution like college, ConversionRanks (a total bunch of data regarding status about score, Rank and CutOffs) etc. Apply now through those exams as the application may start before few months from this (means from September till December).

In this write-up, we will talk about ranking, fees placement eligibility cut-offs and scholarship in best MMS Colleges in India for 2024.

MMS is one of the most sought-after postgraduate management programs in India to nurture leaders for a rapidly changing business world.

This is how a student builds those much-needed Management skills in this MMS program. So, it makes the students to eligible for various industry type roles. Wherein top colleges of India offers this course, the hype or requirement for MMS professionals is due to its strong syllabus and good job opportunities.

So, to take admission in MMS programs that Indian B-schools offer, a student must complete the admission process step by step accordingly to the eligibility of an institute.

Here are the elaborate admission process and the eligibility criteria of Indian MMS programs

The following is a list of common entrance tests in India for getting an entry into an MMS program: CET, CAT, MAT, GMAT.

Each college has cutoff scores.

In general, candidates with at least 50% aggregate marks (45% for ST/SC) are eligible to apply provided they have a Bachelor's degree in any discipline. In addition to this, some institutes also organize group discussions (GD) and personal interviews (PI).

Key entrance tests and important dates for MMS Admissions are mentioned below:

List of some major entrance exams are given below:

  • MAH-CET – (Maharashtra Govt. conducts in the Month of March mainly for Entry to MMS programs in Maharashtra)
  • CAT: Conducted by most top MMS colleges in India | November every year
  • MAT – Conducted four times in a year, hence more schools & colleges use MAT for enrolling the students to MMS program of theirs.

Future Job Opportunities In India After Studying MMS

Graduates with MMS programs can have a great career in fields as diverse as finance, marketing and operations, human resource management, and consulting. MMS program offers students as an attractive employee to hire for the large multinationals, startups & even PSUs.

The few of the key recruiters that hire MMS graduates are:

  • Hindustan Unilever
  • ICICI Bank
  • Deloitte
  • Accenture
  • Amazon

Right MMS Colleges in India 2024 Rankings

India has some prestigious MMS program offering institutions. Given below is the table showing high MMS colleges in India 2024 based on: academics, prestige, placement and studies, faculty quality, infrastructures of campus, entrances and cultural life of college image, and many other factors. All these parameters show the conclusion which makes top MMS colleges in India.

Institute Establishment Year Location 2024 Rank Remarks
IIM Ahmedabad 1961 Gujarat 1 Reputed and one of the top Indian MMS colleges in India consistently from 2020.
Indian Institute of Management, Bangalore 1973 Bengaluru, Karnataka 2 Among the top Indian MMS colleges in India, ranked second for five years.
IIM Kozhikode 1997 Calicut, Kerala 3 Ascending the ranking charts as one of the Top Indian MMS colleges, listed among top three Post Graduate Colleges in India.
IIT Delhi 1961 Hauz Khas, Delhi 4 Part of the Top Indian MMS colleges-ranking, excelling in management education.
IIM Calcutta 1961 Kolkata, West Bengal 5 Most probably in the Top Indian MMS colleges in India by offering pertinent education.
IIM Mumbai (formerly NITIE) 1963 Mumbai, Maharashtra 6 Top Indian MMS colleges in India spread over diverse management streams.
IIM Lucknow 1984 Lucknow, Uttar Pradesh 7 One of the Top Indian MMS Colleges in India and it is Maintained.
IIM Indore 1996 Indore, Madhya Pradesh 8 Top Indian MMS colleges in India with strong management programs.
XLRI Jamshedpur 1949 Jamshedpur, Jharkhand 9 India's oldest business school, among the Best Indian MMS colleges.
IIT Bombay 1958 Mumbai, Maharashtra 10 Ranked as one of the Best MMS colleges in India, consistently ranks well in management rankings.

Fees Structure of Top MMS Colleges

The fee of Yearly MMS in India varies from college to college. Below is the Annual fees provided by the top colleges offering MMS:

College Name Annual Fees (INR)
Shri Ram College of Commerce (SRCC) 1,20,000
Jamnalal Bajaj Institute of Management Studies (JBIMS) 1,50,000
Faculty of Management Studies (FMS) 30,000
XLRI - Xavier School of Management 2,00,000
Indian Institute of Management (IIM) Ahmedabad 3,00,000

Placement and Career

The Placement plays a very important factor when the student selects the MMS program. The top MMS colleges in India have very good placement and have the maximum package and placement in several sectors. The following table gives the Placement Status:

Placement Stats

College Name Average Salary (INR) Highest Salary (INR) Top Recruiters
Shri Ram College of Commerce (SRCC) 12,00,000 30,00,000 Morgan Stanley, Deloitte, Goldman Sachs
Jamnalal Bajaj Institute of Management Studies (JBIMS) 15,00,000 35,00,000 Accenture, IBM, KPMG
Faculty of Management Studies (FMS) 20,00,000 40,00,000 Microsoft, Amazon, Flipkart
XLRI - Xavier School of Management 18,00,000 38,00,000 Tata Consultancy Services, Infosys, HCL
Indian Institute of Management (IIM) Ahmedabad 25,00,000 50,00,000 McKinsey, BCG, Bain & Company

Eligibility Criteria for MMS Programs

Here is the eligibility Criteria for MMS Programs in India for which the candidate must qualify:

  • Educational Qualification: Bachelor's Degree or equivalent from a recognized university with minimum percentage (percentages are generally 50% for general category and 45% for reserved categories).
  • National-Level Entrance Exams: CAT, XAT, MAT, CMAT or SNAP Scores
  • Work Experience: For some colleges, work experience in the relevant field could be an advantage but might not be necessary for all.
  • Personal Interview and Group Discussion: Applicants who are shortlisted need to go through Personal Interviews and Group Discussions in many cases.
  • Letters of recommendation, statement of purpose, academic transcripts may also be required.

For top MMS colleges Category wise cutoff Lists cat-wise section Posted on

Cutoff marks keep on changing every year based on the number of candidates, difficulty level of entrance exams and availability of seats for MMS admissions. Here, in the table below, an overview of expected cutoff ranks and scores for some of the top MMS colleges in India are given.

Cutoff Score Expected

College Name Entrance Exam Expected Rank
Shri Ram College of Commerce, Delhi (SRCC) CAT 90+ Top 100
JBIMS: Jamnalal Bajaj Institute of Management Studies CAT 85+ Top 200
FMS (Faculty of Management Studies) CAT 95+ Top 50
XLRI - Xavier School of Management XAT 160+ Top 100
IIM-A, Indian Institute of Management, Ahmedabad CAT 99+ Top 30

Scholarship/Financial Aid

Recognizing the financial hardships that students can go through, a number of top MMS colleges in India offer scholarships and/or financial aid to students who are deserving. Such scholarships are usually awarded for one of the following reasons: academic achievement, entrance examination results, financial needs or a mix of some of these.

Types of scholarships

  • Merit-Based Scholarships: These are offered to students with more than stellar academic records or excellent scores on entrance exams.
  • Need-Based Scholarships: These are scholarships provided for financially poor students in order to aid them with their education.
  • Diversity Scholarships: These scholarships are for the defense of diversity and help students from diversified regions, societies, or backgrounds.
  • Special Category Scholarships: These are available for specific instances such as women, minorities, or those with disabilities.
  • Institution-Specific Scholarships: Each college will have specific scholarships which could vary in terms of criteria and benefits.

Scholarship in Top MMS Colleges Examples

College Name Scholarship Name "description"
Shri Ram College of Commerce (SRCC) Shri Ram College of Commerce (Rank holder) Merit Scholarship Most of it goes to the best students based on their good and excellent matura grades.
JBIMS JBIMS Financial Aid To support students from economically weaker sections of the society through financial assistance.
Faculty of Management Studies, New Delhi (FMS) FMS Excellence Scholarships Given to students having excellent academic track record and leadership.
XLRI - Xavier School of Management XLRI Merit Based Scholarships Several scholarships included.
Indian Institute of Management (IIM) Ahmedabad IIM A Fellowship Program in Management Financial assistance provided to exceptional candidates with exceptional academic and professional backgrounds.

Conclusion

Selecting the appropriate MMS college is a matter of huge importance as it will lead to the building block of your future in the Management field. The best colleges offering MMS in India have world-class curriculums, industry-driven faculty members, great placement offers, and a supportive ambiance for personal & professional growth. Some of these factors include rankings, fees, placements, eligibility criteria, cutoff marks, and scholarships available to help students make educated decisions in relation to their career in management.

FAQs

  1. How Many Years Is the MMS Program in India?

    The MMS program is generally 2 years long, including 4 semesters.

  2. Do MMS programs require work experience?

    Some universities may give preference to applicants with work experience in related areas, but not all MMS programs require one.

  3. Are foreign students allowed to apply for MMS programs in India?

    Yes, almost all of the top MMS colleges in India accept foreign students. However, admission may depend on the eligibility and admission process.

  4. After MMS what can you do in your career?

    Graduates can choose a career in Consulting, Finance, Marketing, Operations, Human Resources, E-entrepreneurship, among other areas.

  5. Is MMS also available as a part-time course?

    Most MMS programs are full-time, but some institutions may offer part-time or executive MMS programs for working professionals.

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