A review of B Schools in Bangalore
Bangalore, the capital city of the Indian state of Karnataka, is an educational hub - home to around 10 universities and many well known colleges and institutes. This metropolitan city, also known as Bengaluru, has students from all fields of study flocking to it for pursuing a higher education in various streams such as engineering, management, science, medicine, law, design etc. Adaptive to various cultures and offering something for everyone, this city offers a congenial environment to not just study hard, but to also party harder. The cosmopolitan nature of the city attracts qualified professionals from across the country as well as foreigners to come for work and eventually settle down here.
The nerve centre for IT and Management Education
Blessed with a pleasantly moderate climate throughout the year, Bangalore started off as a "pensioner's paradise" but has eventually ended up being the preferred destination for Indian and international information technology (IT) and software companies, thus lending it the popular sobriquet, "Silicon Valley of India." It is no surprise then, that the city has also seen the rise of some of the best Masters in Business Administration (MBA) colleges in India.
Business Schools in Bangalore
Leading the pack is the Indian Institute of Management (IIM,) Bangalore, followed by other reputed MBA institutes such as AIMS Institutes (Previously Acharya Institute of Management Studies), Xavier Institute of Management and Entrepreneurship (XIME), L.N. Welingkar Institute of Management Development and Research (WE School), PES Institute of Technology (PESIT), Symbiosis Institute of Business Management (SIBM), M. S. Ramaiah Institute of Management and many more. The cluster of MBA colleges in and around Bangalore has grown further and extended to other towns and cities in Karnataka, with reputed schools such as T. A. Pai Management Institute (TAPMI) in Manipal.
Excellent placement record
An important factor for a B-school to be ranked and reviewed favourably, is the job placements/ recruitment of its students. Management colleges in Bangalore, due to their proximity to some of the best corporate brands, see the crème de la crème of recruiters visiting them for job offers. For instance, the 2012-14 post graduate programme (PGP) class of the Indian Institute Of Management, Bangalore (IIM B), had 386 eligible students receiving 428 job offers. The average salary for the IIM B 2014 batch was Rs. 19.5 lakh per annum.
Similarly, the Acharya Institutes which have been reviewed among the top B-schools in Bangalore and India, has its MBA and PGDM graduate students recruited by well known companies across varying domains such as Pantaloon Retail, Bharti Airtel, Deloitte Consulting, HSBC, Deutsche Bank, Berger Paints, Reliance Life Insurance, Accenture, Wipro Technolgoies, Kuehne Nagel, Johnson & Johnson, Colgate Palmolive, JP Morgan, Thomson Reuters, Ford India etc. As a result, management institutes in the city are considered among the best in the country and attract the finest of the management aspirants.
Studying and living in Bangalore
According to a Mercer 2012 Quality of Living Survey, Bangalore tops the major cities such as New Delhi, Mumbai, Chennai and Kolkata in the overall global quality of living index. Its better ranking was mainly attributed to positive reviews for international schools which works out well for expatriates. The cost of studying and living in this city turns out to be significantly lower than other educational hubs such as Delhi or Mumbai.
The cost of studying MBA in Bangalore may vary from Rs. 50,000 to Rs. 7 lakhs annually, depending on whether you pursue it from a government MBA college or a private MBA college.
Although Kannada is the official language, English and Hindi are widely spoken and understood among professionals and students. Other languages that are spoken include Tamil, Telugu and Malayalam. Students therefore find it easy to settle down in this city without feeling alienated.
The city is generally considered to be safer and more welcoming that other cities such as Delhi. It offers a plethora of options for under graduate and post graduate studies across a variety of subjects.
It is not surprising, therefore, when a January 2014 research paper, "Internal Migration for Education and Employment among Youth in India", reveals that the state of Karnataka receives the maximum number (1.8 lakhs) of students from other states of India, for the purpose of higher education.