MAT 2016: 10 best MBA options-Know the fee structure and admission status; apply in time

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Amit Agnihotri Founder of MBAUniverse.com

MBAUniverse.com News Desk |
May 4, 2016
For the first time this year you are blessed with the MBA 2016 admission opportunity based on the MAT 2016 May exam score card in good B schools
Since the fee structure of a B-school can play an important role in taking a decision on MBA admission, it is necessary that we should be aware not only about the fee but also about the acceptability of May MAT 2016 scores by the B school

For the first time this year you are blessed with the MBA 2016 admission opportunity based on the MAT 2016 May exam score card in good B-schools. However, you should apply to your preferred B-school on the basis of Admit card for the exam and wait for the next step to be announced by the B-school when your MAT 2016 May exam result is declared.

Since the fee structure of a B-school can play an important role in taking a decision on MBA admission, it is necessary that we should be aware not only about the fee but also about the acceptability of May MAT 2016 scores by the B-school and about whether admission opportunity is still open.

Recognition of MAT scores
May MAT 2016 exam scores may not go unrecognized now as the best B-schools of India have decided to accept the MAT scores in their admission 2016. Please remember the opportunity available in 2016 may not again be available next year. Unless and until you act fast, it may also slip out of your hands.

The very first thing you should know is that only MAT Sep & Dec 2015 and MAT 2016 February & May exam scores are acceptable for admission to MBA/PGDM programmes commencing 2016. So, it will be better to try your luck now.

MBAUniverse.com has been receiving numerous queries from MAT 2016 test takers in regard to future course of action to be taken after the MAT 2016 May exam result is declared for example- which B schools they could get now? Should they go for admission or try their luck in 2017?  We share below the advisory on future course of action as well as the admission options in top B schools in 2016 to save one more year of preparation.

B schools accepting MAT 2016 May scores
Following are few of the good B-schools who will accept May MAT 2016 scores for admission to their MBA/PGDM programme in 2016. This will save 1 year of the candidates provided they apply in time.

Appended is the admission status and the fee structure of the B-school where the process is open.
Acharya Bangalore Business School (ABBS) Bangalore
ABBS is accredited by NAAC (A grade), NBA accreditation and IACBE, USA. The B-school offers excellent blend of physical infrastructure and intellectual capital. The faculty are blend off Industry and Academia. 70% of the learning for the students come from activities outside the classroom.

Admission Status: Open
Fee structure: Rs.8 lakhs

AIMS Institutes, Bangalore
AIMS is ranked as the 4th Best B School in South India. The B-school is an accredited member of IACBE and is also accredited by NAAC. The B-school offers 100% Placement Assistance

Admission Status: Open
Fee structure:Rs.8.5 lakhs

Asia Pacific Institute of Management, New Delhi
The B-school has industry specific curriculum with strong industry connect through 3 approach industry institute-interface. The corporate grooming at Asia Pacific leads to 100% quality placements. Asia Pacific is ranked 36 all over India, 9th all over North B-schools and 6th among private B-schools by Business Today.
Admission Status: Open
Fee structure: Rs.8 lakh

BIMTECH, Greater Noida & Bhubaneshwar
BIMTECH is one of the highly ranked B schools offering 2 years full time PGDM programmes. MAT 2016 February scores will be accepted for admission to specialized PGDM programmes at BIMTECH Greater Noida while BIMTECH Bhubaneshwar, now acquired the status of State University, will accept MAT scores for all the PGDM 2016-18 programmes.

The application process for both these B-schools may close any day. You are advised to grab the opportunity at the earliest possible.
Admission Status: Open
Fee structure: Rs.8 lakhs

College of Management & Economics Studies (CoMES) UPES Dehradun
UPES is the University that has emerged as an innovative institution offering programs that are specifically designed for core sectors with high growth projections. University of Petroleum and Energy Studies (UPES) was established in the year 2003 through UPES Act, 2003 of the State Legislature of Uttarakhand. Today the UPES offers industry-focused specialized graduate, post graduate and doctoral programs in key areas such as Energy, Infrastructure, Transportation, Information Technology and Legal Process

Application Status: Open
2Year Tuition Fee: Rs. 9.55 lakhs.

FLAME University, Pune
Headed by the Vice Chancellor Dr Devi Singh, former director of IIM Lucknow FLAME University offers a 2 year full time MBA program. The program is graded A* at the national level for the past 3 years by the reputed rating organization CRISIL. The MBA Program is also accepted into the coveted CFA University Recognition Program. The education imparted in the MBA program at FLAME University covers various domains of Social Sciences, Humanities, Foreign Languages and Fine & Performing Arts, besides deep domain knowledge of management.

Admission status: Open
Fee structure: Rs.13.70 lakhs (Includes lodging & boarding for 2 years)

IFIM Business School, Bangalore
IFIM is Industry Connect Focused Business School. Its Finance curriculum is recognized by CFA Institute, USA. The B-school boasts of Mentorship by Leading Corporates. IFIM Placements over the years have seen World-Renowned companies visiting the campus.

Admission Status: Open
Fee structure: Rs.9.50 lakhs

Jaipuria Institute of Management, Jaipuria Group, Noida
Established in 2004, Jaipuria Noida in a short span is counted amongst the highly ranked B-schools of the country. The institute is also accredited by NBA (National Board of Accreditation); NAAC (National Assessment and Accreditation Council) with ‘A’ grade ranking and AIU (Association of Indian Universities) with MBA equivalence to its PGDM program.

Application Status: Open
2 Year Tuition Fee: Rs. 7.90 lakhs.

Jaypee Business School, Noida (Delhi NCR)
Jaypee Business School is a part of the not for profit educational establishments of the JAYPEE Conglomerate, a Rs 20,000 crore turnover group spread across the country. More than 40,000 students are currently studying in the Jaypee Group of institutions boasting world class infrastructure, faculty and staff. As of now the admission process for MBA 2016-18 batch at JBS Noida is open and is expected to close shortly.

Application Status: Open
2 Year Tuition Fee: Rs. 8 lakhs.

Jagan Institute of Management Studies (JIMS), Rohini, New Delhi
JIMS Rohini, Delhi imparts professional education at post graduate and graduate levels in the fields of Management and Information Technology. The Institute has been working for the attainment of a mission: to develop highly skilled and professional human resource for industry and business.

The PGDM at JIMS is approved by the All India Council for Technical Education and accredited from National Board of Accreditation (NBA) for excellence in quality education. PGDM has also been granted equivalence to MBA degree by Association of Indian Universities (AIU). Apart from PGDM, JIMS Rohini, Delhi also has two AICTE approved 2-Year Full Time Programs namely PGDM (International Business) & PGDM (Retail & Marketing Management).

Application Status: Open
2 Year Tuition Fee: Rs. 6.10 lakhs.

M.S. Ramaiah institute of Management, Bangalore
The B-school reviews and updates its Curriculum every year and is equipped with highly Qualified and Committed Faculty. The institute offers value-added Courses and has strong Partnership with Industry for linkages and placement.

Admission Status: Open
Fee structure: Rs.7 lakhs

NDIM, New Delhi
NDIM is rated A++ and 'Higher than A++' by Business India 2007 – 2013. The B-school has been rated 4th  in Delhi by Business World 2011 and among top 8 Private B-Schools in India by AIMA IMRB 2013. With Infrastructure & Living Experience rated 5th in India by Business World 2014 at NDIM, the B-school enjoys International Accreditation awarded by ASIC, UK.

Placement at NDIM is rated 15th & 16th in India by Business World 2014 & 2013 with over 200 Companies offering placements. NDIM enjoys the reputation of its Corporate Interface having been rated in the highest grade by AIMA Business Standard 2014.

Admission status: Open
Fee structure: Rs.7.25 lakhs

In view of the experts and mentors, you may proceed to explore admission opportunity in your preferred B-schools with so many MBA/PGDM options available instead of wasting time any more.

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Stay tuned to MBAUniverse.com for more updates on B schools accepting MAT 2016 scores