MBA Admission 2024: Fees, Colleges, Eligibility, Exam Dates, Application

Featured Post Thumbnail

MBA Admission 2024: Fees, Colleges, Eligibility, Exam Dates, Application

MBA Admission 2024 in India is ongoing. If you are looking for an MBA Admission 2024-25 in top colleges, you need to clear an entrance exam like CAT, MAT, XAT, CMAT, NMAT, GMAT, etc. MBA entrance exams can be of national/state/university level depending on your preferences and college choices. After the result of the entrance exam is out and if you have managed to satisfy the cut-off marks of your desired MBA colleges like IIM, IIT, or other Public/private universities, you will be invited to attend the counselling process followed by group discussions, personal interview or written ability test. Also, what MBA specialization they can pursue will be determined during these counselling rounds.

If candidates manage to clear all the obstacles, they will be allotted a seat in the colleges based on their academic background, intermediate performances, entrance exam scores, and performance in the counselling rounds. MBA Admission 2024 will begin from the month of September to November and lasts till the end of May or June next year. Please note that not all MBA colleges follow the same pattern. Instead, they have their own criteria to determine candidacy for MBA Admission 2024.

A student must have graduated from an accredited college or university with a minimum cumulative GPA of 50% in any subject to be considered for MBA Admission 2024, including Science, Commerce, or the Arts (45% for SC/ST students). Postgraduate students can also enroll in MBA courses; many students decide to pursue an MBA after receiving an M. Tech.

According to AICTE data, 2,84,638 of the 4,21,616 applicants applied and enrolled in PGDM and MBA programs last year. Indian colleges charge anything between Rs 1 lakh and Rs 30 lakh for MBA admission 2024. Most of the institutes released the final MBA Admission 2024 results. Thus, anyone who would like to apply may do so by completing the application form before the July 24, 2024 deadline. Continue reading to learn about the MBA Admissions 2024 deadline and the current state of the MBA admissions procedure for Indian B-schools.

What is an MBA or Master of Business Administration?

The entire name of an MBA degree is Master of Business Administration. All facets of business management, including strategy, operations, finance, marketing, and human resources, are covered in this graduate-level course. Its main goal is to create leaders who can manage and lead organizations with effectiveness. Gaining specialized knowledge in business or advancing their professions are the main reasons why professionals acquire an MBA.

MBA Admission 2024: Did you know?

  • Last year, 42.84% of applicants for MBA admission were female, while 57.16% were male.
  • 49.57% of the 2,84,638 registered students completed their MBA program with success.
  • Of the 1,41,013 candidates who completed their MBA program last year, 90.21% were placed in MBA programs.
  • MBA Admission 2024 is expected to reach the record an all-time high record of 3.3 million applications.
  • The nation that received the second-highest annual intake of applications for MBA admissions in both public and private colleges in India.

Latest Updates on MBA Admission 2024

  • Among the top entrance exams for MBA Admission 2024, CAT is the most popular one, which is scheduled to take place on 24 November 2024.
  • The ATMA exam is scheduled for July 31, 2024, and the MAT exam is scheduled for July 18 and July 25, 2024, among other exams.
  • In addition, XAT 2025 will take place on January 5, 2025.
  • The 20 campuses of the Indian Institute of Management (IIMs) will start shortlisting candidates for admission to PGP/MBA programs in the first week of January 2025. The WAT-PI round in March and April 2025 will involve all IIMs.
  • The application for the MBA Admission 2024 will begin in the last week of January 2025 at all IITs. All IITs will take part in the WAT-PI round in March 2025.
  • GNIT College of Management has started the application process for MBA Admission 2024. Aspiring students can visit the official website to fill out the application form and pay the application fees. 
  • The Amity University Noida MBA 2024–2025 application process is currently open. The application deadline is July 15, 2024. Candidates can apply via the official website.
  • Online applications for Manipal University's MBA program are now being accepted; the deadline is July 24, 2024.

MBA Admission 2024: Key Highlights

Events

MBA Courses Details

Courses Level

Post-Graduation

Eligibility Criteria

Undergraduate Degree Programme

MBA Admission 2024 deadline

24 July 2024

Fees

INR 5 lakhs to INR 25 lakhs

MBA Admission Process

Entrance Test Followed by Group Discussion and Personal Interview

Top MBA Entrance Exams

XAT, CAT, CMAT, MAH MBA CET, etc.

MBA Full Form

Master of Business Administration

 

MBA Admission 2024: Application Status

Depending on the candidates' performance on the MBA entrance exam, the best MBA colleges in India, including IIMs and other non-IIM schools, will be accepting online applications for MBA Admission 2024. Students can now submit their applications to IIMs for MBA Admission 2024. The WAT and GD/PI rounds of their MBA selection process determine which candidates get to enroll in these universities. They have to choose and begin getting ready for their preferred college's MBA Admissions 2024 process, which is indicated in the tables below.

List of IIMs

Average Package

Average Fees

CAT Cut-off 2024 (Expected)

IIM Admission Status

IIM Ahmedabad

Rs 32.8 LPA

Rs 25 Lakhs

99-100

Open

IIM Bangalore

Rs 35.31 LPA

Rs 24.5 Lakhs

99-100

Open

IIM Calcutta

Rs 35.07 LPA

Rs 25 Lakhs

99

Open

IIM Lucknow

Rs 32.23 LPA

Rs 7.6 Lakh - 12.6 Lakh

97+

Open

IIM Indore

Rs 30.21 LPA

Rs17.25 Lakh - 35 Lakh

97+

Open

IIM Kozhikode

Rs 31.02 LPA

Rs17.9 Lakh - 20.5 Lakh

97 to 98

Open

IIM Amritsar

Rs 16.51 LPA

Rs 12 Lakh

95+

Open

IIM Nagpur

Rs 16.74 LPA

Rs 18.90 Lakh

95+

Open

IIM Sambalpur

Rs 16.63 LPA

Rs 10.05 lakh – Rs 12 Lakh

95+

Open

IIM Trichy

Rs 20.55 LPA

Rs19.5 Lakh

94

Open

IIM Raipur

Rs 21.04 LPA

Rs16.28 Lakh

94

Open

IIM Ranchi

Rs 17.30 LPA

Rs15.48 Lakh - 16.1 Lakh

94

Open

IIM Kashipur

Rs 18.1 LPA

Rs 16.96 Lakh

94

Open

IIM Vizag

Rs 16.61 LPA

Rs 16.1 lakh – Rs 16.5 Lakh

92

Open

IIM Udaipur

Rs 21.29 LPA

Rs17.5Lakh–Rs20Lakh

92

Open

IIM Bodhgaya

Rs 16 LPA

Rs 9.6 Lakh

92

Open

IIM Shillong

Rs 26.96 LPA

Rs 15 lakh

90

Open

IIM Jammu

Rs 16.50 LPA

Rs11.9Lakh

94

Open

IIM Sirmaur

Rs. 14.45 LPA

Rs 15.5 Lakh

95

Open

IIM Rohtak

Rs 18.73 LPA

Rs17.66 Lakh–Rs17.9 Lakh

95

Open

IIM Mumbai

Rs. 25.27 LPA

Rs14.00 Lakh

97

Open

 

MBA Admissions 2024 at IITs:

With strong placement prospects, the management departments at IITs are quickly rising to the top of the MBA applicant list. IIT MBA Admission 2024 is determined using the CAT exam. Students must study hard to pass the CAT exam to gain MBA Admission 2024. Registration for the test will open in the first week of August.

A small number of IITs have also achieved strong rankings in the NIRF Rankings for their MBA programs. After the IIMs, the IITs have been able to take the top spots among well-known government universities that grant MBA degrees. For information about MBA fees, Cut-offs, and application status, students can review the table below.

Name of College

MBA Fees

Cut Off

MBA Application

IIT, Delhi

11.2 Lakh

90+

Open

IIT, Madras

2.8 Lakh - 13.5 Lakh

90+

Open

IIT, Kharagpur

3 Lakh

90+

Open

IIT, Roorkee

4 Lakh

90+

Open

IIT, Kanpur

2.8 Lakh - 13.5 Lakh

90+

Open

 

MBA Admissions 2024 in Top Government Colleges:

Comparatively speaking, government MBA colleges charge lower tuition than private MBA colleges for MBA Admission 2024. As a result, students can shortlist these colleges according to their interests and suitability. Students should evaluate the entrance exams, admissions process, curriculum, specializations, and placements before deciding on a course of action.

The table below includes important information regarding the MBA Admission 2024 process that popular government MBA colleges follow, along with the current state of applications and MBA fees.

College Name

Fees (Estimated) (INR)

Application Status

Banaras Hindu University (BHU)

50,000 – 1,00,000/-

Open

Department of Management Studies (DMS), IIT Madras

Not disclosed

Open

Indian Institute of Management Ahmedabad (IIMA)

25,00,000/-

Open

Jamia Millia Islamia (JMI)

80,000 – 1,00,000/-

Open

Indian Institute of Management Calcutta (IIMC)

Not disclosed

Open

Faculty of Management Studies (FMS), Delhi University

1,20,000/-

Open

Department of Management Studies (DMS), IIT Delhi

11,70,000/-

Open

Indian Institute of Management Bangalore (IIMB)

Not disclosed

Open

 

MBA Admissions 2024 in Top Private Colleges:

Numerous MBA programs are offered by the top private MBA colleges in India. A few colleges and universities that are doing well in the private sector are the GNIT College of Management, Management Development Institute in Gurgaon, XLRI in Jamshedpur, and Symbiosis Institute of Business Management in Pune. Students who aspire for MBA Admission 2024 might look over the table below to find out the names of reputable universities, their MBA fees,and the current status of applications.

Name of College

MBA Fees

Application Status

GNIT College of Management

INR 2.46 Lakh

Open

XLRI, Jamshedpur

4 Lakh - 30 Lakh

April 2024 Expected

Management Development Institute, Gurgaon

8.7 Lakh - 24.7 Lakh

Open

Symbiosis Institute of Management Studies, Pune

11.3 Lakh

Open

S P Jain Institute Of Management And Research, Mumbai

9.5 Lakh - 22.1 Lakh

Open

NMIMS, Mumbai

3.3 Lakh - 44 Lakh

Open

Amrita School of Business, Coimbatore

11.2 Lakh

Open

Amity University, Noida

1.7 Lakh - 13.4 Lakh

Open

International Management Institute, Delhi

20.8 Lakh

Open

Great Lakes Institute of Management, Chennai

9 Lakh - 11.2 Lakh

Open

IFHE, Hyderabad

1.8 Lakh - 16 Lakh

Open

 

MBA Admission 2024: Procedure

In India, the MBA admissions process starts a few months before the commencement of the academic year. The most significant occasion for applicants seeking MBA Admission 2024 is this one.

Although there may be many phases involved in the MBA Admission 2024 process, candidates can find this broad summary of what to do to ensure a hassle-free application process helpful:

  • Step 1: Candidates examine the university they wish to attend and the entrance exam that is accepted.
  • Step 2: Register for the entrance exam and obtain results above the designated cut-off to be eligible for MBA Admission 2024 in the chosen university.
  • Step 3: Applicants can apply through the official college portal using the results of their entrance exam.
  • Step 4: A merit list will be released on a designated date. If a person's name appears on the list, they have two options: they can report online or come in person to the college. The distribution of seats will take place as appropriate.
  • Step 5: After the results of the entrance exam are announced and the students have been shortlisted, there are additional GD and PI rounds for MBA Admission 2024 to esteemed MBA colleges.

MBA Admission 2024: Eligibility Criteria

  • A bachelor's degree from an accredited university is required in any field, including science, commerce, the arts, engineering, etc.
  • A minimum cumulative score of 50% is required by most universities for your bachelor's program.
  • Students in reserved categories (SC, ST, OBC, etc.) may be exempt from the minimum mark requirement by 5%, which translates to an aggregate score of about 45%.

MBA Admission 2024: Entrance Exams

Regardless of what college you apply to, candidates must pass the entrance exam to qualify for MBA Admission 2024. Planning ahead and putting in a lot of study time for these exams is essential for prospective MBA candidates who want to improve their chances of getting into prestigious Indian MBA colleges.

The following is a list of the best MBA exams that are accepted for admission to various B-schools, along with the crucial dates and application fees:

Entrance Exams

Exam Date

Application Fees

CAT

24 Nov '24

INR 2400 (General, EWS, NC-OBC)

INR 1200 (SC/ST/PWD)

ATMA

23 Jun '24 (June Session)

21 Jul '24 (July Session)

 

INR 2000 (All Categories)

CMAT

May '25 (tentative)

INR 2000 (General)

INR 1000 (Women/ST/ST/Transgender)

MAT

May '25 - Jun '25

INR 2100 (All Categories)

INR 1200 (For two MAT exams)

SNAP

Dec '24

INR 2250 (For all categories)

XAT

Jan '25 (tentative)

INR 2100 (For all categories)

IBSAT

Dec '24

INR 1800 (For all categories)

KMAT

2nd week of Nov'24

INR 850 (For all categories)

MAH CET

Mar '25 (tentative)

INR 1000 (For General)

INR 800 (SC/ST/PWD)

TANCET

March '25 (tentative)

INR 1000 (General)

INR 500 (Reserved)

 

MBA Admission 2024 without Entrance Exam

Many MBA colleges in India are offering direct MBA Admission 2024 without the need for an entrance exam. In fact, several B-schools grant direct MBA admission to deserving candidates without the need for an entrance exam by evaluating a wide range of criteria, including their stellar prior academic records, work experience, extracurricular activities, and more. Many universities also charge less for direct MBA Admission 2024. To boost their resume, experts recommend working professionals to enroll in a direct MBA program. Within the previous two to three years, AICTE had instructed MBA colleges to grant direct admission based on academic standing.

It is common for applicants to seek MBA Admission 2024–25 without taking entrance tests. Many private B-schools allow direct applications and provide MBA programs without entrance tests. View the list of MBA programs that provide a direct admissions process below.

University/ MBA Colleges

Direct MBA Admission 2024

GNIT College of Management

Open

Regenesys Institute of Management Mumbai

Open

School of Inspired Leadership - SOIL, Gurgaon

Open

Amity Global B-School (Amity University)

Open

Birla Global University, Bhubaneswar

Open

CII School of Logistics, Amity University, Noida

Open

O P Jindal Global University

Open

UPES School of Business: UPES University

Open

GIBS Bangalore

Open

School of Management and Entrepreneurship, Shiv Nadar University, Greater Noida

Open

Mody University School of Business

Open

IIBS Bangalore

Open

 

MBA Admission 2024 Cut-Off

The cut-offs for the best universities that offer MBA Admission 2024 are highlighted in the following table. The cut-off trends are shown below for applicants seeking MBA admission to the universities listed below. Here is a link to view the expected CAT Cut-off 2024.

IIM MBA Cut-Off

IIM

General

OBC

EWS

SC

ST

IIM Ahmedabad

80

75

80

70

60

IIM Bangalore

85

75

75

70

65

IIM Kozhikode

85

75

75

65

55

IIM Calcutta

85

75

75

70

65

IIM Lucknow

90

82

82

65

60

IIM Mumbai

85

75

75

70

65

IIM Indore

90

80

90

60

50

IIM Raipur

92

74

70

54

40

IIM Rohtak

95

78

90

55

30

IIM Udaipur

92

74

70

54

40

IIM Kashipur

92

74

70

54

40

IIM Trichy

92

74

70

54

40

IIM Ranchi

92

74

70

54

40

IIM Shillong

75

75

75

60

50

IIM Visakhapatnam

80

70

72

45

35

IIM Jammu

Male- 90

Female- 87

Male- 72

Female- 70

Male- 68

Female- 65

Male- 52

Female- 50

Male- 37

Female- 34

IIM Nagpur

92

74

70

54

40

IIM Amritsar

85

75

85

55

40

IIM Bodh Gaya

92

74

70

54

40

IIM Sambalpur

74

74

70

54

40

IIM Sirmaur

92

74

70

54

40

 

Why Choose GNIT College of Management to Pursue your MBA Program?

Located in the heart of Greater Noida, GNIT College of Management is one of the esteemed colleges offering MBA Admission 2024 in a range of specializations under the aegis of GN Group of Institutes. The institute was founded in 2006 and provides PG programs along with degree and diploma courses. Our full-time MBA programis affiliated with AKTU to offer high-quality education and has been approved by reputable national organizations like AICTE. A variety of specializations including MBA in Marketing, MBA in Finance, MBA in Accounting, and MBA in Business Law are available at GNIT College of Management.

Students at GNIT College of Management benefit from the knowledge and experience of the faculty members. Most importantly, the 120MBA seats are offered at a reasonable cost, giving students the chance to advance their knowledge and expertise in the fields that interest them. A world-classinfrastructure is available at GNIT College of Management. Some of these amenities include an auditorium, a sports complex, a cafeteria, a co-ed hostel, a girls' hostel, a gym, hospital / medical facilities, labs, libraries, and a Wi-Fi campus.

The candidate must have completed a three-year minimum bachelor's degree program at any accredited Indian university or its equivalent, approved by AIU, with a minimum cumulative GPA of 50% (45% for SC/ST students).

Additional Certificate Courses

  • Certification Program in Advance Digital Marketing.
  • Six Sigma Green Belt.
  • Certification Program in Retail Management.
  • Certification Program Entrepreneurship.
  • Certification Program in Financial Planning.
  • Certification Program in Financial Derivatives.
  • Workshop on Entrepreneurship & Start-ups.
  • Training & Certification on BSE & NSE.
  • Certification Program in Event & Trade Fair Management.

MBA Fee Structure

MBA Course Fee Structure

Total Fees

First-year

Second Year

MBA AKTU

INR 123000

INR 123000

Semester Wise

INR 70000

INR 53000

INR 70000

INR 53000

Also Read:

FAQs for MBA Admission 2024

Q1. How much does an MBA typically cost in Greater Noida?

An MBA may often be obtained for between INR 2 lakhs and INR 20 lakhs.

Q2. What amenities does GNIT College of Management provide?

One of the best MBA colleges in Greater Noida, GNIT College of Management is furnished with a canteen, digital library, sports complex, auditorium, extracurricular activities, and other amenities.

Q3. Who can apply to GNIT College of Management for an MBA?

Any graduate from an accredited college with a final exam score of 50% is eligible to apply to GNIT College of Management for an MBA program.

Q4. What is the typical salary package for an MBA graduate at GNIT College of Management?

With an average salary of INR 5 LPA and a maximum income that can range from 10-15 LPA, GNIT College of Management has a 90% placement record.

Q5. What distinguishes GNIT College of Management as one of the top MBA colleges in Noida?

GNIT College of Management is a reliable platform for pursuing MBA specializations in finance, accounting, marketing, and relationship management because it is associated with AKTU and has been approved by AICTE.