Top MBA colleges in Assam 2024

If you’re searching for the best MBA colleges in Assam, this is the right place for you. This article offers a comprehensive guide to the top MBA colleges in Assam, a city known for its educational institutions. We understand that selecting the right college can be challenging due to the many options available.

Therefore, we have compiled a list of the most prestigious MBA colleges in the city, taking into account factors such as faculty, infrastructure, placement records, and more. So, whether you’re a local student or someone considering Assam as your study destination, this article will provide you with all the information you need about MBA colleges in Assam. Let’s embark on this journey to find the ideal MBA college for you in Assam, the largest northeastern state of India.

10 Leading MBA Colleges in Assam 2024

Here’s a list of the top 10 MBA colleges in Assam for 2024, along with their ranks, approximate annual fees, and official college websites:

College Name	Location	Estimated Annual Fees (INR)	Official College Website
Tezpur University School of Management Studies (SOMS)	Tezpur	3,50,000	–
Dibrugarh University Department of Management Studies	Dibrugarh	2,50,000	–
Gauhati University Department of Business Administration	Guwahati	2,00,000	–
Assam Don Bosco University (ADBU)	Guwahati	3,20,000 (Estimated)	https://www.dbuniversity.ac.in/
Royal Global University, Guwahati	Guwahati	6,00,000 (Estimated)	https://www.rgu.ac.in/
Assam Institute of Management (AIM), Guwahati	Guwahati	4,45,000 (Public/Govt)	https://www.aim Guwahati.ac.in/
Kaziranga University School of Management Studies (KUSMS)	Jorhat	Data Not Available	https://www.kazirangauniversity.in/
Assam Women’s University School of Management Studies (AWU-SMS)	Jorhat	Data Not Available	https://www.awu.ac.in/
Girijananda Chowdhury Institute of Management & Technology (GIMT)	Guwahati	2,80,000	–
ADTU – Assam Downtown University School of Management	Guwahati	4,00,000 (Estimated)	https://www.adtu.in/

Private MBA Colleges in 2024

Here’s a detailed list of top private MBA colleges in Assam for 2024, considering factors like fees, placements and location:

College Name	Location	Average Fees (INR)	Average Placement Package (INR)	Courses Offered
Royal Global University	Guwahati	6,00,000	6,00,000 (Estimated)	MBA (Various Specializations)
ADTU – Assam Downtown University	Guwahati	4,00,000	4,00,000 (Estimated)	MBA (Various Specializations)
Gauhati Commerce College	Guwahati	2,10,000	3,00,000 (Estimated)	MBA
Girijananda Chowdhury Institute of Management & Technology (GIMT)	Guwahati	2,80,000	3,50,000 (Estimated)	MBA (Various Specializations)
Assam Don Bosco University (ADBU)	Guwahati	3,20,000 (Estimated)	3,80,000 (Estimated)	MBA (Various Specializations)
Assam Institute of Management (AIM)	Guwahati	4,45,000 (Public/Govt)	Data Not Publicly Available	MBA (Various Specializations)
Kaziranga University (KU)	Jorhat	Data Not Available	Data Not Available	MBA (Various Specializations)
Assam Women’s University (AWU)	Jorhat	Data Not Available	Data Not Available	MBA

Government MBA Colleges in Assam 2024

As of today, official data for average placement packages and hostel availability for 2024 admissions might not be readily available for all institutions. However, here is the some of the top Government MBA Colleges in Assam for 2024 with estimated fees and information on whether hostel facilities are generally offered:

College Name	Location	Average Fees (INR)	Hostel Availability
Tezpur University School of Management Studies (SOMS)	Tezpur	3,50,000 (Estimated)	Yes
Dibrugarh University Department of Management Studies	Dibrugarh	2,50,000 (Estimated)	Yes
Gauhati University Department of Business Administration	Guwahati	2,00,000 (Estimated)	Yes
Assam Agricultural University College of Business Management	Jorhat	Data Not Available	Yes (verify details)
A.D. Khanikar College, Department of Management Studies	Nagaon	Data Not Available	Yes (verify details)
Jorhat Institute of Science & Technology, Department of Management Studies	Jorhat	Data Not Available	Yes (verify details)
Cachar College, Department of Management Studies	Silchar	Data Not Available	Yes (verify details)
Handique Girls’ College, Department of Management Studies	Guwahati	Data Not Available	Yes (verify details)
Nowgong College, Department of Management Studies	Nagaon	Data Not Available	Yes (verify details)
Barpeta Road College, Department of Management Studies	Barpeta Road	Data Not Available	Yes (verify details

Important Note: Entrance exam details and fee structures can change year-on-year. Always refer to the official college websites for the latest information

Most Affordable MBA College in Assam 2024

Here’s a detailed list of potentially affordable MBA colleges in Assam for 2024, considering factors like fees and cost of living:

College Name	Location	Estimated Average Cost of Living (Monthly)	Why Affordable
A.D. Khanikar College, Department of Management Studies	Nagaon	₹8,000 – ₹10,000	– Potentially lower fees compared to other colleges on the list (data verification needed). – Nagaon might have a slightly lower cost of living compared to Guwahati or Jorhat.
Jorhat Institute of Science & Technology (JIST), Department of Management Studies	Jorhat	₹8,000 – ₹10,000	– Potentially lower fees compared to other colleges on the list (data verification needed). – Jorhat might have a slightly lower cost of living compared to Guwahati.
Cachar College, Department of Management Studies	Silchar	₹7,000 – ₹9,000	– Potentially lower fees compared to other colleges on the list (data verification needed). – Silchar might have a slightly lower cost of living compared to Guwahati.
Nowgong College, Department of Management Studies	Nagaon	₹8,000 – ₹10,000	– Potentially lower fees compared to other colleges on the list (data verification needed). – Nagaon might have a slightly lower cost of living compared to Guwahati or Jorhat.
Barpeta Road College, Department of Management Studies	Barpeta Road	₹7,000 – ₹9,000	– Potentially lower fees compared to other colleges on the list (data verification needed). – Barpeta Road might have a slightly lower cost of living compared to Guwahati.

Here’s why these colleges are potentially affordable:

• Government Colleges: Government colleges generally have lower fees compared to private institutions.
• Smaller Towns: Localities outside Guwahati or Jorhat might have a slightly lower cost of living in terms of accommodation and food expenses.

Additional Tips for Affordability:

• Scholarships: Explore government scholarships, college-specific scholarships, and grants for MBA students.
• Part-time Work: Consider part-time jobs or internships to supplement your income during your studies.
• Simple Living: Be mindful of your expenses and adopt a cost-effective lifestyle while studying.

Top B.Tech CS MBA Colleges in Assam

Assam has specific institutions that offer B.Tech in Computer Science (CS) and MBA programs independently. Currently, there are limited options available for a combined B.Tech CS + MBA program. However, I can provide you with a list of options for both undergraduate and postgraduate programs.

For B.Tech in CS:

• Indian Institute of Technology Guwahati (IITG), Guwahati
• National Institute of Technology Silchar (NIT Silchar), Silchar
• Tezpur University School of Engineering, Tezpur
• Assam Don Bosco University (ADBU), Guwahati
• Gauhati University College of Engineering, Guwahati

For MBA:

• Tezpur University School of Management Studies (SOMS), Tezpur
• Dibrugarh University Department of Management Studies, Dibrugarh
• Gauhati University Department of Business Administration, Guwahati
• Royal Global University, Guwahati
• Assam Institute of Management (AIM), Guwahati

Alternative Option (Out-of-State):

IIT Guwahati offers a 5-year Integrated M.Tech in Computer Science and Engineering program: This might be an alternative if you’re interested in a combined undergraduate and postgraduate CS degree. (Entrance: JEE Advanced)

ROI of Top MBA Colleges in Assam

ROI stands for Return on Investment. In simple terms, it’s a way to measure how much profit or benefit you get from an investment compared to its cost.

Here’s a list of Top MBA Colleges in Assam for 2024 with estimated average salary, average fees, and a calculated ROI (Return on Investment):

College Name	Location	Average Annual Fees (INR)	Estimated Average Salary (LPA)	ROI (Estimated)
Tezpur University School of Management Studies (SOMS)	Tezpur	3,50,000	6.0	71.4%
Dibrugarh University Department of Management Studies	Dibrugarh	2,50,000	5.5	120%
Gauhati University Department of Business Administration	Guwahati	2,00,000	5.0	150%
Assam Don Bosco University (ADBU)	Guwahati	3,20,000 (Estimated)	Data Not Available	ROI Not Calculable
Royal Global University	Guwahati	6,00,000 (Estimated)	Data Not Available	ROI Not Calculable

Eligibility Criteria of the Best MBA Colleges

To secure admission in the top MBA colleges in Assam, students need to fulfill the following eligibility criteria:

Basic Requirements:

• Bachelor’s Degree: A Bachelor’s degree in any discipline from a recognized university is typically required.
• Minimum Percentage: Most colleges require a minimum percentage of marks in your Bachelor’s degree, often ranging from 50% to 55%. Some colleges might have higher requirements for specific programs.
• Work Experience: While not mandatory in all colleges, some MBA programs might prefer candidates with work experience (e.g., 1-2 years).

Entrance Exams:

Most MBA colleges in Assam rely on entrance exams to shortlist candidates. Here’s a breakdown of commonly accepted exams:

• National Level:
  • CAT (Common Admission Test): Widely accepted by many top colleges.
  • MAT (Management Aptitude Test): Another popular option for MBA admissions.
  • XAT (Xavier Aptitude Test): Some colleges might accept XAT scores.
  • GMAT (Graduate Management Admission Test): Less common, but a few colleges might consider GMAT scores for international applicants.
• State Level: Some colleges might accept scores from UPSEE (Uttar Pradesh State Entrance Exam) for MBA admissions.

Selection Process:

After the initial screening based on eligibility criteria and entrance exam scores, the selection process might involve:

• Group Discussion (GD): To assess communication, teamwork, and analytical skills.
• Personal Interview (PI): To evaluate your motivation, career goals, and suitability for the program.
• Writing Ability Test: Some colleges might assess writing skills through an essay or writing test.

Additional Requirements:

Some colleges might have additional requirements like:

• Work Experience Essay: If work experience is valued, you might need to submit an essay outlining your professional background and goals.
• Letters of Recommendation (LORs): Some colleges might request LORs from academic or professional references.

Entrance Examinations Accepted by Leading MBA Colleges

Leading MBA colleges in Assam accept a variety of entrance exams for admissions. Here’s a breakdown of the most commonly accepted ones:

In National Level:

• CAT (Common Admission Test): Widely accepted by many top colleges. It’s a computer-based test assessing various skills like Quantitative Ability, Verbal Ability, Data Interpretation & Logical Reasoning, and Reading Comprehension.
• MAT (Management Aptitude Test): Another popular option, MAT is a paper-based or online test focusing on areas like Language Comprehension, Mathematical Skills, Data Analysis & Sufficiency, and Indian Business Environment.
• XAT (Xavier Aptitude Test): Less common in Assam, but some colleges might accept XAT scores. This computer-based test assesses Verbal & Logical Reasoning, Decision Making & Problem Solving, Data Analysis & Interpretation, and General Knowledge.
• GMAT (Graduate Management Admission Test): Primarily for international applicants, a few colleges might consider GMAT scores. It’s a computer-based test focusing on Analytical Writing, Integrated Reasoning, Quantitative Reasoning, and Verbal Reasoning.

In State Level:

• UPSEE (Uttar Pradesh State Entrance Exam): Some colleges, particularly those near the Assam-Uttar Pradesh border, might accept UPSEE scores for MBA admissions. This exam focuses on areas like Quantitative Aptitude, Reasoning Ability, and General Knowledge.

Leading Employers for MBA Graduates in Assam

Leading Employer Type	Examples	Estimated Salary Range (LPA) for MBA Graduates (India)
Public Sector Undertakings (PSUs):	Oil & Natural Gas Corporation (ONGC), Numaligarh Refinery Limited (NRL)	8 – 18 LPA
Manufacturing Companies:	ITC Limited (Paper Division), Ashok Paper Mills	6 – 12 LPA
Information Technology (IT) & IT-enabled Services (ITES):	TCS Guwahati, WIPRO Guwahati	5 – 10 LPA
Banking, Financial Services & Insurance (BFSI):	State Bank of India (SBI), HDFC Bank	7 – 14 LPA
Consulting Firms:	Local & Regional Consulting Firms	5 – 10 LPA
Fast-Moving Consumer Goods (FMCG) Companies:	Hindustan Unilever Limited (HUL), ITC Limited (FMCG Division)	6 – 12 LPA
Pharmaceutical Companies:	Cipla, Sun Pharmaceutical Industries Ltd. (National companies with offices in Assam)	7 – 12 LPA

Affordability of Pursuing an MBA Degree in Assam

Pursuing an MBA degree in Assam can be quite affordable compared to other states. Here’s a breakdown of the costs:

1. Average Annual Fee: The full-time MBA program has an average annual fee of INR 6,940. However, the annual MBA fees in Assam can range from INR 25,000 up to INR 20 Lakhs. The fee varies depending on the college and the type of program.
2. Placement Package: The average placement package for MBA graduates in Assam is around INR 3,34,000. This means that students can expect to earn back their investment within a few years of working.
3. Additional Costs: Apart from tuition fees, students may also need to consider the cost of living, books, and other miscellaneous expenses.
4. Financial Aid: Many colleges offer scholarships and financial aid to students based on merit or financial need. Students can also avail of education loans from various banks at reasonable interest rates.

Remember, the cost of an MBA degree can vary greatly depending on the college, the type of program, and the student’s lifestyle. It’s important to research and plan your finances carefully before deciding to pursue an MBA degree in Assam. 

Conclusion

In conclusion, these are the top MBA colleges in Assam for students to get into. They are ranked based on their infrastructure, facilities, academics, and placement records. Students can put in hard work and can get into one of these institutes to get the best placements, best facilities and make their future.

Top MBA colleges in Assam 2024- FAQs

What are the average fees for MBA programs in Assam?

Fees can vary depending on the college and program. Estimates range from ₹2,00,000 to ₹6,00,000 annually for private colleges and might be lower for government colleges.

What are the average salaries for MBA graduates in Assam?

There’s no definitive data specific to Assam. However, estimated national salary ranges for MBA graduates (depending on industry and specialization) can be ₹5-18 LPA. It’s recommended to research specific companies for the latest salary information in Assam.

What are some factors to consider when choosing an MBA college in Assam?

• Ranking (if available): While not the only factor, rankings can provide a general idea of a college’s reputation.
• Fees and ROI: Consider the cost of the program and potential return on investment.
• Faculty and Course Curriculum: Choose a program with a strong faculty and curriculum aligned with your career goals.
• Placement Record: If available, research the college’s placement record for MBA graduates.
• Accreditation: Look for colleges with accreditation from recognized bodies like AICTE.
• Specializations Offered: Choose a college that offers the specialization you’re interested in.

Are there any scholarships available for MBA programs in Assam?

Yes, there might be scholarships offered by the government, colleges themselves, or external organizations. Research scholarship opportunities to help finance your MBA education.

Can I pursue an MBA in Assam without work experience?

While some colleges might prefer work experience, it’s not always mandatory. However, relevant work experience can strengthen your application.

What are the benefits of pursuing an MBA in Assam?

• Gain valuable business knowledge and skills.
• Enhance your career prospects and earning potential.
• Develop a strong network with classmates and alumni.
• Pursue specialized areas of business like Marketing, Finance, or HR.