Management courses have become the latest rage today but the characterization of a top B-Schools in India fall greatly in the favour of government institutes. Government MBA colleges across India churn out the best management graduates and boast of excellent 100% placements.
Management courses are quite fancy in terms of money although they do add an excellent kink in the graph of one's career. It still remains to be decided as to which government colleges provide the best return on investment. Students face a number of dilemmas at the time of choosing their college since the IIMs are quite costly in terms of tuition fee and the IITs offering MBA are often rated below the IIMs. Either way one has to find the middle ground between a few parameters.
The best return on investment offered by a B-School can be mainly measured in terms of the quality and quantity of placements taking place on-campus. With management institute mushrooming all over the country, every second organisation hoaxes of cent percent placements. Though government institutes are greatly prestigious and coveted still the best ones can be easily segregated from the ones which are a little behind in terms of 'return on investments'.
The best government institutes for management with best return on investment are-
1. Indian Institute of Management (IIM)-A (Ahmadabad)-
IIM-A is one of the oldest government MBA institute in the country, just after IIM-C. It has been enjoying a consistent monopoly in terms of being ranked the number one B-School in India. There are a very few institutes as fine as IIM-A in terms of return on investment. The institute is included in the list of top MBA colleges in Asia-Pacific region.
2. Faculty of Management Studies Delhi Univ. FMS (New Delhi)-
This institute is one of the oldest MBA institute in India and besides that FMS Delhi is indisputably the best choice in terms of 'return on investment'. Unlike the fat fee charged by the IIMs, FMS charges a very humble tuition fee and provides one of the finest management courses in the country.
3. Indian Institute of Management (IIM)-B (Bangalore)-
Established in the year1973, IIM-B has been producing top MBA graduates year after year even since it was set up. It is also included in the list of the top MBA institutes of India.
4. Indian Institute of Management (IIM)-C (Calcutta)-
When talking of MBA in finance, IIM-C enjoys a world-rated top ranking, as its finance courses are considered to be one of the best globally. Besides being the first government MBA college to be set up in India, it has been a member of the Global Alliance in Management Education (CEMS) too.
5. Indian Institute of Management (IIM)-L (Lucknow)-
IIM-L is recognised as an "Institution of Excellence" by India's Ministry of Human Resource and Development. This institute was the fourth IIM established by the government of India and provides quality education in management.
6. Indian Institute of Management (IIM)-I (Indore)-
IIM-I was established in the year 1996 and had maintained the level of its brand ever since it got set up.
7. Indian Institute of Management (IIM)-K (Kozhikode)-
Being the fifth IIM to be established, IIM-K has emerged out to be one of the finest B-schools in India in terms of placements and foreign collaborations.
8. Indian Institute of Foreign Trade IIFT (New Delhi)-
This autonomous institute was set up to aid professionalization of India's foreign trade management policies and to augment exports. It has been reputed as being one of the best government aided institutes for a long time.
9. Management Development Institute MDI (Gurgaon)-
The Gurgaon campus of MDI has been rated as one of the top ten government MBA institutes across India. It was set up in the year 1973 and has a second campus in West Bengal as well.
10. Jamnalal Bajaj Institute (Mumbai)-
Named after noted industrialist and philanthropist, Jamnalal Bajaj, this MBA institute comes under the Department of Management Studies of the University of Bombay. It is widely recognised for its fine MBA programme.