When choosing an MBA course, there may appear to be almost too many options. The top 10 MBA colleges in Andhra Pradesh seek genuine students who can thrive and contribute to the MBA degree. Your academic record, extracurricular activities, and relevant work experience are among the most crucial factors for admission to the best MBA colleges in AP.
Besides, no two MBA colleges in Andhra Pradesh are alike, just as no two students are alike. What they teach, how they teach, and who teaches differ significantly. However, the best MBA colleges in Andhra Pradesh provide quality education, decent campus facility and excellent academic record.
Top MBA Colleges in Andhra Pradesh
- Indian Institute of Management (IIM), Visakhapatnam
- KL Deemed-to-be University, Guntur
- IFMR Graduate School of Business (Affialied to Krea University)
- GITAM School of International Business, Visakhapatnam
- Vignan's Science, Technology, and Research Foundation, Guntur
- University of Acharya Nagarjuna
1. Indian Institute of Management (IIM), Visakhapatnam
- Admission: Students must have a valid CAT score and an undergraduate degree with at least 55% from a recognised university. The institute also prefers students with a minimum of 3 years of full-time work experience.
- Course Fees: The MBA fee at IIM Visakhapatnam is ₹16.50 lakhs.
- Placements: According to the IIM Visakhapatnam placement reports for 2022, the average annual starting package offered to a student at IIM Visakhapatnam was ₹15.06 lakhs. Amazon, HDFC Bank, Microsoft, Cognizant, Tech Mahindra, and many other companies are among the top recruiters at IIM Visakhapatnam.
2. IFMR Graduate School of Business
- Admission: Students wanting to pursue an MBA at IFMR-GSB must have a valid score in the CAT, XAT, CMAT, GMAT, GRE, or NMAT entrance exam. The university shortlists candidates and invites them for application screening and a Personal Interview (PI) round.
- Course Fees: The tuition fee for the two-year-long MBA programme at IFMR is ₹14.21 lakhs.
- Placements: During the IFMR 2022 placements, the highest package offered was ₹18 lakhs per annum. Leading companies such as Accenture, Cognizant, Wipro, Barclays, Genpact, and others are among the recruiters who participated in the placement drive.
3. KL Deemed-to-be University, Guntur
The NIFR ranked KL Deemed-to University 47th among the list of MBA colleges in India, allowing the university to stand out among the best MBA colleges in AP.
- Admission: The entrance exams accepted at KL University are CAT, MAT, XAT, NMAT, ICET, or KL Business School Aptitude Test (KLUBSAT). A bachelor's degree in a relevant discipline with a minimum of 50% aggregate is required.
- Course Fees: The MBA programme at KL University costs ₹6.15 lakh.
- Placements: Each year, the university offers short-term MBA internships in India. It also offers students placements at companies such as Wipro Technologies, Tommy Hilfiger, Siemens, Salesforce, Accenture, IBM, Axis Bank, and ICICI Bank. During KL University placements in 2022, the highest package offered was ₹23 lakhs per annum.
4. GITAM School of International Business, Visakhapatnam
Aside from the general MBA, the management institute offers an MBA in Healthcare & Hospital Management and an MBA in International Business.
- Admission: Students who have not received a valid score in national-level exams are eligible to take the GITAM Admission Test (GAT). Furthermore, the institute selects students for the interview round based on their performance in the respective entrance exam.
- Course Fees: The tuition cost for the MBA programme ranges between ₹4.6 lakh and ₹9 lakhs.
- Placements: During GITAM Institute of Management placements, the highest and average salary packages offered were ₹12 lakhs and ₹5.5 lakhs per annum, respectively. The top recruiters present at the placement drive were Federal Bank, ICICI Bank, Talent Sprint, Exide Industries, and Accenture, to name a few.
Must Read: Common Myths About MBA
5. Vignan's Science, Technology, and Research Foundation, Guntur
- Admission: Students must hold an undergraduate degree from a recognised university with a minimum of 50% marks. Candidates who meet the eligibility requirements must take the state-level entrance exam TSICET or APICET and obtain a valid score.
- Course Fees: The tuition for the two-year MBA programme ranges between ₹3.2 lakhs and ₹4.4 lakhs.
- Placements: Companies such as Bajaj Finserv, Capgemini, Cognizant, Genpact, HCL, and Hyundai attend the campus recruitment drive. The average salary package offered to postgraduate management students was ₹4.6 lakhs per annum.
6. University of Acharya Nagarjuna
The University of Acharya Nagarjuna, also known as ANU, is among the govt MBA colleges in AP.
- Admission: All students must hold an undergraduate degree with a 45% aggregate for acceptance to the University of Acharya Nagarjuna. Students must also receive a valid score in the Andhra Pradesh Integrated Common Entrance Test (APICET).
- Course Fees: The MBA programme at ANU Guntur costs ₹54,000.
- Placements: The university placed over 361 students in the PG (2-year) programme, and the average package offered was ₹5.50 lakhs per annum. ICICI Bank, HDFC Bank, Vivo, Byjus, Apollo Munich, HDFC AMC, and many more are among the top recruiting firms.
Top MBA Colleges by Location
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FAQ - Colleges for MBA in AP
Which MBA college has the best placement in Andhra Pradesh?
The best placement MBA colleges in Andhra Pradesh include KL Deemed-to-be University, IFMR Graduate School of Business, and GITAM School of International Business, which offer excellent opportunities to their graduates.
What are the top 10 colleges for MBA in AP?
Indian Institute of Management (IIM), KL Deemed-to-be University, IFMR Graduate School of Business, GITAM School of International Business, Vignan's Science, Technology, and Research Foundation, and the University of Acharya Nagarjuna are among the top 10 MBA colleges in AP.
Which is the No 1 University in Andhra Pradesh for MBA?
The NIRF ranked the Indian Institute of Management in Vishakhapatnam, Andhra Pradesh, among the best MBA colleges in India. The faculty at IIM Vishakhapatnam provides excellent management programmes and state-of-the-art learning facilities.