BusinessBecause has collated here a list of top colleges still open for admissions, the entrance exams required and links to their admissions pages.
Although the government-owned Indian Institutes of Management have now stopped accepting applications, there are a few reputed institutes that are yet to open their 2023-25 admissions.
Indian School of Business is still accepting applications
As of mid-November 2022, the Indian School of Business (ISB) is still accepting applications for 2023 entry. One of the most reputed and also the most expensive b-schools in India, ISB has the highest percentage salary uplift for its graduates of all global business schools, according to the FT Global MBA Ranking 2022.
ISB’s round 2 application process is open till December 4,2022. The institute accepts GMAT/NMAT scores.
Colleges yet to open the MBA application process
Two institutes top the list of colleges that have not yet opened their application process, as of mid-November 2022.
Faculty of Management Studies, University of Delhi
The institute will begin its application process for 2023-25 MBA soon, and will conclude it in the second week of December. Shortlisted candidates will be announced in the first week of January 2023.
FMS Delhi has one of the highest cost : ROI ratios in the country – for a fee of Rs. 1.92 Lakh, the average postgraduation annual package stands at Rs. 32.40 Lakh.
If you are contemplating applying at FMS, please take note of a few changes in the 2023-25 admission process:
- The intake has been increased to 287 for this batch.
- The fees have also increased – from Rs. 25,000 to Rs. 1.92 Lakh.
- For female applicants, 5 additional marks are automatically added to their composite scores during the shortlisting process, to narrow the gender gap in MBA classes.
- New elements have been added to the final selection process including a Discussion on Statement of Purpose. For outstation candidates, the personal interview round and extempore will be conducted online; both will be held on the same day. The group discussion round has been eliminated.
- This year, maximum weightage has been given to the personal interview round. And the FMS shortlisting process will award varying weightage between 30% and 40% to CAT score components.
TISS Mumbai
Registrations will open in the third week of December, and the deadline for submitting online as well as offline application is February 2023 first week. Results will be out in the fourth week of March 2023.
TISS accepts the TISSNET score.
Essential checklist for your Indian MBA application
Check the business school’s MBA accreditations. The Association of Advanced Collegiate Schools of Business (AACSB) is a recognized quality mark, with 21 Indian B-schools accredited. The EQUIS model of EFMD Global is also a top-rated ranking resource. The Association of MBAs (AMBA) is also a reputable group.
ISB is one of only a few schools (along with IIM Calcutta, and IIM Indore) that has all three accreditations, or “triple ranking” status.
Find out the MBA course detail. It’s important to check out the faculty, nature of MBA course, RoI, placements, infrastructure, major subjects and electives offered, exchange programs, networking opportunities and alumni support, and of course the fees and scholarship options.
Look at the post-MBA destinations. Check out recent placement destinations, employability rates and salary uplifts as these will all help you to assess the ROI of your time and financial investment in business school.
