Calcutta, or Kolkata, is referred to as the “joy city” of India. The Indian Institute of Management, Calcutta, the country’s first IIM, is located in Kolkata. Kolkata, often known as the “city of culture,” is well-known for its abundance of educational options in addition to its rich cultural legacy. The best MBA colleges in Kolkata have been discussed in this article, along with important information like the cost structure, placement statistics, and the total number of seats available at each of the colleges on the list.

Kolkata’s Top MBA Colleges List 

Best MBA College In Kolkata Rank-WiseRanking 2023NIRF Ranking 2023
Indian Institute of Management (IIM) Calcutta#2# 4
Indian Institute of Foreign Trade (IIFT) Kolkata#12#27
International Management Institute (IMI) Kolkata#41#70
Management Development Institute (MDI) Murshidabad#37
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata
Globsyn Business School (GBS) Kolkata
Calcutta Business School (CBS) Kolkata
Xavier Business School (XBS) Kolkata
Institute of Engineering & Management (IEM), Kolkata
Praxis Business School, Kolkata

Kolkata’s Top MBA Schools with Fee Schedule


There are several alternatives to study an MBA from Kolkata at the best MBA institutes in Kolkata. Looking at the Best MBA Colleges in Kolkata Fee Structure, we can see that the cost of an MBA in Kolkata varies depending on the kind of MBA college. The greatest MBA schools in Kolkata have affordable tuition, including those that charge less than Rs. 5 lakhs. The main distinction in MBA costs amongst Kolkata colleges is that the Government University MBA program offers an MBA in Kolkata at a reduced cost, while the best MBA programs in Kolkata, such as IIM Kolkata, IIFT, and IMI, have higher prices. MBA tuition is moderately priced at Globsyn, Praxis, and CBS, among other schools. The list of fee-paying MBA schools in Kolkata is shown below.

Kolkata’s MBA schools provide additional MBA options with high-quality instruction and a positive return on investment. The IIMs, government or public colleges, and private colleges that have provided a variety of MBA programmes with efficient instruction and industry interaction over the years make up the list of top MBA schools in Kolkata that is provided below. The top MBA programs in Kolkata are listed here, complete with NIRF and MBAUniverse rankings, ratings, and grades. It contains a list of Kolkata’s best PGDM institutes.

MBA College KolkataMBA College TypeCollege Fees In Lakhs
Indian Institute of Management (IIM) CalcuttaCentral Govt. Created oldest IIM25
Indian Institute of Foreign Trade (IIFT) KolkataIIFT University MBA college21.77
International Management Institute (IMI) KolkataAICTE Approved PGDM College 13.21
Management Development Institute (MDI) MurshidabadAICTE Approved PGDM College  14.5
Indian Institute of Social Welfare & Business Management (IISWBM), KolkataAutonomous- Affiliated to Calcutta University  6.00
Globsyn Business School (GBS) KolkataAICTE Approved PGDM College  7.60
Calcutta Business School (CBS) KolkataAICTE Approved PGDM College  6.85
Xavier Business School (XBS) KolkataSt.Xavier University MBA college10.4
Institute of Engineering & Management (IEM), KolkataAffiliated to Maulana Abul Kalam Azad University of Technology (MAKAUT)  6.40
Praxis Business School, KolkataAICTE Approved PGDM College 9.27

Which renowned MBA programs are offered in Kolkata?

Kolkata, a city renowned for its dynamic economic environment and rich cultural legacy, is a center for top-notch education, particularly in the area of business management. In Kolkata, there is no shortage of opportunities for prospective MBA students looking to further their business education. The following is a list of the best MBA programs in Kolkata that are helping to mold tomorrow’s corporate executives:

  1. Calcutta’s Indian Institute of Management (IIM Calcutta) is regarded as one of the world’s best B-schools. offers an extensive and demanding MBA program that is renowned for its industry relevance and academic brilliance. offers a stage for the growth of entrepreneurship, creativity, and leadership.
  2. A prestigious management school associated with the Army Welfare Education Society is the Army Institute of Management, Kolkata (AIM Kolkata). provides an MBA program that is renowned for its leadership development, academic excellence, and rigorous atmosphere.
  3. Heritage Business School, Kolkata (HBS Kolkata): Well-known for its emphasis on hands-on learning and industry-academic partnerships. provides specializations such as data analytics and retail management. offers exchange programs that give possibilities for exposure to a global audience.
  4. MBA programs are available at St. Xavier’s University, Kolkata (SXU Kolkata), with an emphasis on social responsibility, ethics, and leadership. places a strong emphasis on industry contact, experiential learning, and holistic development.
  5. The MBA programs offered by Techno India University, Kolkata (Techno Kolkata) have a significant emphasis on skill development and a variety of specialties. renowned for its cutting-edge teaching strategies and partnerships with businesses.

The best MBA schools in Kolkata in 2024

There are two great MBA schools in Kolkata that offer classes. Two of the best MBA schools are public (owned by the government) and one is privately run.

How to Get into MBA Colleges in Kolkata

It’s possible that the requirements for MBA programs is different from one school to the next. However, the following are the most important requirements to get an MBA:

In order to be eligible for an MBA, applicants must have a bachelor’s degree or the equivalent from a fully qualified university in any field.
Most schools expect students to have at least a 50% overall grade point average or an equivalent CGPA in order to graduate. For students in the reserved group, the minimum overall score is 45%, or the same CGPA.

People who are almost done with their undergraduate studies can also apply for an MBA program, as long as they can show proof that they got their degree within the time frame required by the institute.

The NIRF 2022 list of the best MBA schools in Kolkata

NIRF scores are released every year based on the data that the framework collects each year. Rankings and ratings are based on five things: the overall impression of the school, the graduation rate, research and professional practices, teaching and learning tools, and the research and professional practices.

The Best MBA Schools in Kolkata in 2024

Kolkata, with its rich history in education and culture, continues to be a pivotal center for higher education in India, particularly for management studies. As we move into 2024, the city’s landscape of MBA schools stands out for their excellence in academic rigor, industry connections, and placement records. These institutions not only offer top-notch education but also provide students with the necessary skills and knowledge to thrive in the global business environment. Let’s explore some of the best MBA schools in Kolkata for 2024, focusing on their key strengths and what makes them the top choices for aspiring business leaders.

Before you go!

Get accepted
without an application.

Get a Call from Our Admission Experts!