How to Become a Cost Accountant: Career Guide, Courses, After 12th, Salary, Scope, Jobs 2023

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Ahana Bhaduri

Senior Content Specialist

Careers as a Cost Accountant is expected to witness a massive rise between 2018 – 2028, according to the IBEF, the job opportunities as Cost Accountant will grow 6% more producing 90,000 jobs. They have also stated that the salary that is offered to Cost Accountants all across the globe is arount INR 40 LPA. There are three levels for this course - CMA Foundation, CMA Intermediate, and CMA Finals. The duration of the course varies from 8 months to 18 months. There is a 100-hour training which every student must take to complete this course.

Candidates aspiring to become a Cost Accountant can also pursue MBA in Accounting. CMA is the most commonly chosen course to become a cost accountant. It is an established fact that a Cost Accountant certified candidate gets 30% more salary than a non Cost Accountant certified candidate. India is home to several top MBA Accounting Colleges who grant admission on the basis of various Management Entrance Exams such as CAT, SNAP, XAT etc.  Know More: Accounting Courses

Alert: The Institute of Cost & Works Accountants of India (ICWAI) has changed its identity into The Institute of Cost Management Accountants of India (ICMAI). ICWA course has been renamed as CMA course.


The average course fee for the Foundation course is INR 4000, Intermediate Course is INR 20,000 and for CMA Final Course the fee is INR 17,000.  Cost Accountants hold designations like CTO, Treasurer, CFO, Controller, VP, Finance Manager, Senior Accountant, Cost Accountant. Also Check: Cost Accountant Salary

Table of Contents
  1. How To Become A Cost Accountant In India: Quick Facts

1.1 What Does a Cost Accountant Do

  1. Types Of Cost Accountant

2.1 Cost Accountant

2.2 Chief Financial Officer

2.3 Financial Analyst

2.4 Finance Manager

2.5 Financial Risk Manager

  1. How To Become A Cost Accountant in India

3.1 School Level Preparation

3.2 Undergraduate Preparation

  1. Courses to Become a Cost Accountant

4.1 CMA

4.2 CMA Course Details

  1. Related Courses

5.1 BBA in Accounting

5.2 BSc Accountancy

5.3 BA in Accountancy

5.4 BCom in Accountancy

5.5 MCom in Accounting

5.6 MBA in Accounting

  1. How Much Does it Cost to Become a Cost Accountant
  2. How To Become A Cost Accountant In Abroad

7.1 Cost Accountant in UK

7.2 Cost Accountant in Australia

7.3 Benefits Of Career As A Cost Accountant

  1. Top Recruiters for CMA
  1. Salary Of A Cost Accountant In India

9.1 Average Annual Salary

9.2 Specialization Wise

9.3 Gender Wise

9.4 Experience Wise

9.5 Job Role Wise

  1. How To Become A Cost Accountant FAQs

How To Become A Cost Accountant: Quick Facts

Industry Cost Accounting
Eligibility 10+2 with any stream (Except Arts)
Average Starting Salary INR 400,000 - 50,00,000
Job Opportunity Business Firms, Banking & Financial Sector, Research And  Training, Government Work.

What Does a Cost Accountant Do

Cost Accountants are the professionals who analyse the product costs that are being made and sold by the organisation. 

They inspect the related costs in the production network and perform productivity examinations. Cost bookkeepers assist associations with distinguishing the items, administrations, measures or even offices that are the most or least beneficial. A portion of their particular duties include: 

  • Planning month to month and quarterly bookkeeping reports for accommodation to the executives 
  • Creating quarterly reports for senior administration dependent on a stock hold investigation 
  • Proposing changes to methods and approaches to expand the association's income 
  • Examining authoritative information and checking on paces of work, overhead and deterioration to suggest strategy changes that will improve numbers 
  • Setting up the standard expenses of items and administrations and refreshing them as suitable dependent on the related costs 
  • Keeping up and assessing the overall record and asset reports

Know More: About Diploma in Accounting

Types Of Cost Accountants

After completing all three levels of Cost Accountant, one is offered the following types of job roles, 

Cost Accountant

A Cost Accountant examines reviews and prepares final documents. They are even specialized in managing all financial aspects of a business. Cost Accountants are associated with Supply chains and profitability analysis. 

Requirement  Graduation in any stream preferably Accountancy and Finance
Salary in India INR 7,00,000

Chief Financial Officer

The chief financial officer is the officer of a company who is in charge of the company's finances, including financial planning, financial risk management, record-keeping, and financial reporting. CFO is also responsible for Data Analysis for the company.

Requirement  Complete Certified Public Accountant  Complete Bachelors Degree in Finance 
Salary in India INR 3,46,70,00

Financial Analyst

A Financial analyst works in a variety of industries, including banks, pension funds, insurance companies, and others. Financial analysts advise businesses and individuals on how to spend money to maximize profits.

Requirement  3+ years of Business Finance Relevant Experience
Salary in India INR 5,00,000

Finance Manager

A Finance Manager is in charge of the budgeting process and assists the executive management team in creating the correct business decisions for the organization by providing insights and financial business advice. 

Requirement  Graduate with Specialisation in Finance and Business Administration 
Salary in India INR 8,00,000

Financial Risk Manager

A financial risk manager aims at identifying risks to a company's assets, earning capacity, or achievement. His main job is to maintain the risk of the company, which will protect your company.

Requirement  2+ years of work experience in managing financial risks
Salary in India INR 1,6000,000

How To Become A Cost Accountant In India

Cost Accountants can mean different things to different organizations, but the overall job is to see the budget of the organization. The budget of the organization comprises operational costs and purchasing costs. 

School Level Preparation

If a student decides to pursue a career as a cost accountant at the high school level, then they can choose any subject except fine arts. It's not mandatory to select Mathematics Or Accounts for the entrance examination. But if you select Mathematics and Accounts it will be easier for you to clear your entrance examination and your CMA course as it is tough and requires a lot of skills and practice.

Undergraduate Preparation

Once you've completed your 10+2 and you've cleared your entrance, you're ready for the course. If you've a Graduation degree you can directly apply for CMA Intermediate but if you are not a graduate then you can start from level 1, that's CMA Foundation. The length of time it takes to complete the CMA program is determined by the level, of course, you take up.

Courses to Become a Cost Accountant

The reputed certification of Cost & Management Accountant or the Cost Accountant is given by the Institute of Cost Accountant of India. Earlier, known as Cost and Works Accountant of India is now widely known as Institute of Cost Management Accountant. There is no technical difference between ICWA and CMA.

CMA

Their CMA course is conducted in three levels as CMA Foundation, CMA Intermediate and CMA Final. Admissions in CMA can be done directly to Intermediate courses if the candidate is a graduate. If the candidate is a school pass out that is 10+2 pass out then they can take admission in the foundation course. CMA exams are conducted twice a year mainly in June and December.

CMA Course Details

Level Name  Eligibility  Course Fee
CMA Foundation  Candidates must have qualified 10+2   Graduates can directly apply for CMA Intermediate.  INR 4000
CMA Intermediate  Students must have passed 10+2    They must have completed CMA Foundation Course   Candidates who have qualified ICSI Foundation or ICAI Intermediate can apply for this course   Applicants will have to complete CSS for 3 days and Computer Training for 100 hours.  INR 20,000
CMA Final  Candidates who have passed CMA intermediate can apply  INR 17,000

Training During CMA Intermediate Course

Computer Training - 100hours 

Communication and Soft Skill Training - 3 days

Training During CMA Final Course

Industry Oriented Training Program - 7 days 

Practical Training - 15th Months

Related Courses to Become a Cost Accountant

Besides the professional course of CMA, students can also pursue the following courses in Accounting.

BBA in Accounting

This course is a mixture of both finance and business, where students are taught about auditing, making financial reports and accounting. BBA in Accounting are experts in analysing data and making business decisions.

Particulars  Details 
Duration 3 years.
Eligibility 10+2 (with Maths preferred)
Average Course Fee INR 90,000 to INR 5,00,000 
Average Starting Salary INR 2,00,000 to INR 5,00,000

BSc Accountancy

BSc in Accountancy is related to analysis of various provisions and information of the business or the organisation. Their job role includes resource allocation, decision making and expertise in accounting.

Particulars  Details 
Duration 3 Years 
Eligibility 10+2 with minimum 50% 
Average Course Fee INR 20,000 to INR 4,00,000
Average Starting Salary INR 3,00,000 to 10,00,000

BA in Accountancy

BA in Accountancy can be pursued by students who had Humanities, Science or Commerce in  their higher secondary education. However it is mandatory that the students have studied subjects like Accountancy, Finance, and Business studies.

Particulars  Details 
Duration 3 years 
Eligibility 10+2 with minimum 50% 
Average Course Fee INR 70,000 to INR 3,00,000 
Average Starting Salary INR 3,00,000 to INR 10,00,000

BCom in Accountancy

Students who wish to do higher studies in Accountancy such as Masters in Accountancy must do BCom in Accountancy. BCom in Accountancy helps the student to get clarity in money, business and management.

Particulars  Details 
Duration 3 years 
Eligibility 10+2 with minimum 50%
Average Course Fee INR 20,000 - INR 5,00,000
Average Starting Salary INR 2,00,000 - INR 10,00,000

MCom in Accounting

After doing BA in Accounting, BSc in Accounting, BCom in Accounting, students can pursue higher studies in MCom in Accounting. Students who have the basic knowledge about accounting and finance can pursue this course to be proficient.

Particulars  Details 
Duration 2 years 
Eligibility Minimum score of 50% (Relaxable for reserved category students) marks at graduation level
Average Course Fee Between INR 8,000 to 2.25 Lacs
Average Starting Salary INR 15,000 to 19,000

MBA in Accounting

This course is specially designed for the students who have done BBA in Accounting. MBA accounting is a highly technical course.

Particulars  Details 
Duration 2 years 
Eligibility Bachelor's degree in any field with a minimum of 50% aggregate
Average Course Fee INR 4,00,000 - INR 15,00,000
Average Starting Salary INR 8,00,000 - INR 25,00,000

How Much Does it Cost to Become an Accountant

Here are some of the colleges that offer Cost Accountant courses and other relevant courses. To know how much does it cost to become an accountant, follow the table given below, 

Institute Name  Average Annual Fees 
Presidency College  INR 2 L
BML Munjal University  INR 5.79 L
Delhi Technical University  INR 1.66 L
Institute of Business Studies and Research INR 5.70 L
Rabindranath Tagore University  INR 70,000 
Jawaharlal Nehru Technological University  INR 80,000
GD Goenka University INR 3.73 L

How To Become A Cost Accountant In Abroad

Apart from India, CMA (Certified Management Accountant) courses are available in many countries such as The United States, Canada, the Middle East, and Africa. 

Education Requirements -

  • A Bachelor's degree in Accounting is required for an entry-level position as a Cost Accountant, and a Master's degree or a Master of Business Administration (MBA) with a focus in accounting is considered necessary for advanced positions. 
  • A Bachelor's degree is typically completed in four years.
  • In comparison to India, you can complete your CMA (US) (Certified Management Accountant) exams in 6–9 months. 
  • There are only two exams that you must clear. 
  • You will require professional assistance, which you can obtain from IPFC Academy, which is the leader in CMA (US) training.

Cost Accountant in UK

There are three levels of Cost Accountant in the UK and all three courses are conducted in computer based objective test and case study. 

Operational Level: After completion of this course students will get CIMA Diploma degree in Management Accounting.

Management level: Candidates must have qualified operational level. After completion of this course students will get CIMA Diploma degree in Management Accounting. 

Strategic level: Candidates must have completed Operational Level and Management Level. After completion of this course students will become Associate Chartered Management Accountant.

Cost Accountant in Australia

The Cost Accounting courses offered in Australia are in 2 level, 

Professional Level

  • Degree in Accounting, Commerce or Finance
  • Professional Qualification in Accounting 
  • Degree in Business related field

Technician Level

  • Degree in any field apart from accounting 
  • Advanced Diploma in Accounting
  • Degree in Accounting, Commerce or Finance
  • Qualified in Management Accountancy

Benefits Of Career As A Cost Accountant

The benefits of career as a Cost Accountant is relatively higher than any other profession. One gets the opportunity for advancement, competitive salary in the market, and will grow in depth knowledge about tax and business law. 

Competitive Salary

A Cost Accountant with less than 5 years of experience can expect to earn around 4 LPA, while a mid-career employee can expect to earn around 6 LPA, An experienced Cost Accountant can expect to earn around 9-10 LPA. The salary is primarily determined by the company and the individual.

Job Security

A large portion of accounting work is digitized, which means it can be done online, from anywhere.If they want better income they can work abroad or they can stay in India and work online. If the candidate is experienced and proficient in his job then there is barely any chance of job-loss.

Positive Impact Of Cost Accountant

Due to the specialised education and skills of CMA, CMAs may hold top management positions in both the government and industry, such as Chairman and Managing Director, Managing Director, Finance Director, Financial Controller, Chief Financial Officer, and Cost Controller and many more roles.

Experience

Every time you work as a cost accountant, you can gain a lot of experience; it's a continuous learning process; every time you learn a strategy, a new technique, a new method, you can gain a lot of knowledge.

Is Cost Accounting a Good Career

Cost accountants are in high demand in the government, private, banking, and finance sectors, development agencies, education, training, and research, as well as the service and public utility sectors.

Do Accountants Make a lot of Money

Accountants can earn a good living depending on their location and job type; the median annual wage for an accountant in May 2023 was $73,560. Finance and insurance, management of companies and enterprises, tax preparation, and government are among the highest-paying industries for accountants.

What is the Highest-Paid Accountant

  • Chief Financial Officer (CFO) Salary Range on Glassdoor: INR 60,000 – INR 70,000 Controller. Salary Range on Glassdoor: $78,000 – $155,000
  • Director of Accounting Salary Range on Glassdoor: INR 88,000 – INR174,000
  • Senior Accountant Tax Accountant Accounts Payable Specialist Finance Manager

What is the Role of a Cost Accountant

Cost accountants assist in the planning, budgeting, and monitoring of performance, as well as the establishment of standard unit costs and the recommendation of appropriate cost-cutting opportunities. The role is critical in determining where a company's money is being spent as well as which products, departments, or services are the most profitable.

What is the Five Main Purpose of Cost Accounting

The following are the primary goals of cost accounting:

  1. Cost determination
  2. Selling price determination
  3. Cost control and cost reduction
  4. Determining the profit of each activity
  5. Assisting management in decision-making.

How Many Years Does it Take to Become a Cost Accountant

A Bachelor's degree in Accounting is required for an entry-level position as a Cost Accountant, and a Master's degree or a Master of Business Administration (MBA) with a focus in accounting is required for advanced positions. A Bachelor's degree is typically completed in four years.

Top Recruiters for CMA (Certified Management Accountant) Course

Almost all the top Companies in India hire Cost Accountant but the most reputed ones are:

ITC Tobacco Division ITC Food Division  ITC Hotels
L&T Constructions Wipro  Amazon 
Nestle  Power Grid Corporation on India    Vedanta Limited 
Cipla Ltd. Bharat Electronics Ltd.   Galaxy Surfactants

Salary Of A Cost Accountant In India

The salary of Cost Accountants in both private and Government Organisation is high. Here we have collected the average salary for Cost Accountants basis Specialisation, Experience and Gender. 

Average Annual Salary

Type Average Annual Salary
Government Organization INR  9 – 10 L
Private Organization INR  6 – 10 L

Specialization Wise

Specialization Average Annual Salary
Banking Manager INR  4 – 8 L
Investment Banker INR  2 – 4 L
Investment Analyst INR 2 – 3 L
Cost Accountant INR  4 L
Chief Financial Officer (CFO) INR 7 L

Gender Wise

Gender Average Annual Salary
Female INR  4 L
Male INR  4 L

Experience Wise 

Years Average Annual Salary 
1-4 Years INR 4.17 L
5-9 Years INR  6.12 L
10-19 Years INR 9.83 L
20 + Years INR 16 L

Job Role Wise 

 
Job Roles for Cost Accountant  Average Annual Salary
Accounting and Auditing Clerk INR 2.5 L
Forensic Accountant INR 4.5 L
Chief Accounting Officer INR 3.5 L
Investment Analyst INR 2.5 L
Audit Manager INR 5 L
Personal Finance Consultant INR 3.25 L
Economic Officer INR 5.82 L
Investment Banker INR 2.92 L
Banking Manager INR 4 L

How To Become A Cost Accountant: FAQs

Ques. Can I appear for CMA (Certified Management Accountant) Intermediate before completing graduation?

Ans. You can register for the exam but not take it because to be eligible for CMA Intermediate the candidate shall complete his graduation or CMA FOUNDATION.

Ques. What is the syllabus of CMA (Certified Management Accountant) Foundation?

Ans.

Paper 1: Fundamentals of Economics and Management

Paper 2: Fundamentals of Accounting

Paper 3: Fundamentals of Laws and Ethics

Paper 4: Fundamentals of Business Mathematics & Statistic.

Ques. What is the syllabus of CMA (Certified Management Accountant) Intermediate?

Ans. Paper 5: Financial Accounting

Paper 6: Laws, Ethics and Governance

Paper 7: Direct Taxation

Paper 8: Cost accounting and financial management

Paper 9: Operation Management Information System

Paper 10: Cost and Management Accounting

Paper 11: Indirect Taxation

Paper 12: Company Accounts & Audit

Ques. What is the syllabus of CMA (Certified Management Accountant) Final?

Ans. Paper 13: Corporate Laws and Compliance

Paper 14: Advanced Financial Management

Paper 15: Business Strategy & Strategic Cost Management

Paper 16: Tax Management and Practice

Paper 17: Strategic Performance Management

Paper 18: Corporate Financial Reporting

Paper 19: Cost and Management Audit

Paper 20: Financial Analysis & Business Valuation

Ques. When can I apply for CMA (Certified Management Accountant) course?

Ans. You can apply for CMA course once you've completed your 10+2 from a recognised board/University.

Ques. Should I have an accounts background to appear for the entrance examination?

Ans. No, it's not necessary for you to be from an accounts background to apply for the entrance examination. You can be from any field except Fine Arts.

Ques. Is it compulsory for me to take mathematics to apply for entrance examination?

Ans. No, it's not necessary for you to take mathematics to apply for the entrance examination. You can be from any stream except Fine Arts.

Ques. Can I apply for CMA (Certified Management Accountant) course if I'm from Science stream?

Ans. Yes, you can apply for the course even if you're from Science Background.

Ques. How many levels are there in CMA (Certified Management Accountant) course?

Ans. There are total number of 3 Level's to complete the course.

Level 1 - CMA FOUNDATION

Level 2 - CMA INTERMEDIATE

Level 3 - CMA FINAL'S.

Ques. Is it difficult to clear all the levels of CMA (Certified Management Accountant) Course?

Ans. Yes, it's difficult to clear the examination. Not alot of people can clear it on their first attempt. The pass rate is around 1-2% only. But if you study well and focus on your studies you can clear it out in your first attempt.

Master of Business Administration [MBA] (Accounting) : 573 answered questions

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Ques. What is life like after an MBA from NITIE Mumbai?

● Top Answer By Ayushi Sehgal on 02 Mar 24

Ans. My uncle had done his PGDIE from NITIE Mumbai, back in 1979. NITIE enhanced his knowledge and self confidence by a huge extent. This institution offers top notch placements, and a good alumni network. Some of my uncle’s seniors went on to become CEOs and high ranking professionals at reputed firms. After graduating from NITIE, you’ll get plenty of opportunities. It is a well renowned college in India. However, a lot depends on your own hardwork and dedication. Try to make the most of your stay at this college.Read more
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Ques. Is the MBA program at Symbiosis Pune any good?

● Top Answer By Raktim Tarafdar on 14 Sept 23

Ans. The two-year full-time residential MBA offered to SIBM Pune is its flagship program. Its duration is 2 years. Courses are offered in various specializations like Marketing, Human Resource Management, Finance, and Operations Management. The course structure aims at imparting students top-notch industry exposure and a nurturing classroom environment. This helps them become the leaders of tomorrow.  The placement committee of SIIB and the faculty are responsible for the placement process. Students receive training for the summer internship process for group discussion, interviews, and resume building. This attracts more recruiters every year. SIMB Pune has well-educated and experienced faculty members and the pedagogy they adopt is impressive. Usually students are taught through case studies as its primary teaching tool. Other teaching methods include discussions, presentations, peer learning, and hands-on learning. Here is the detailed placement report of SIBM Pune No. of Companies participated 105 No. of New Recruiters 49 No. of Offers made - No. of Pre-placement offers 111 Highest Salary INR 35.05 LPA Average Salary INR 26.77 LPA Median Salary INR 24 LPA Top 10% Average Salary INR 33.27 LPA Top 25% Average Salary INR 32.80 LPA Top 50% Average Salary INR 29.99 LPA Major Sectors BFSI, FMCG / FMCD Top Recruiters Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC etc Hope this helps you!Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. Why should one do MBA from PUMBA?

● Top Answer By Raktim Tarafdar on 12 Sept 23

Ans. Here are some solid reasons why one should pursue an MBA from PUMBA: A University department of one of the most prestigious universities in India. An inaugural in the field of Management Sciences since 1971. The best B-school in Pune Provides an amazing ROI. Its first-year fee is only INR 65,000 while its average package is INR 8.10 LPA. So provides the best ROI after FMS, JB, and SIMSREE. An autonomous course comprising trimester pattern and major and minor specializations making it more flexible. The natural beauty of Pune combined with its decent infrastructure makes PUMBA a great place to study. It has a well-stocked library and high-speed facility. Students have access to the Jaykar library. Students also have access to free medical services. There is a 24*7 WiFi connection in the entire university campus. Students have access to a Gymnasium at a very low fee. Students can participate in Pune University's recreational activities. Decent placement opportunities I hope all the above reasons convince you to join PUMBA.Read more
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Ques. How good is the PGPX IIMU-Purdue supply chain management dual degree from IIM Udaipur?

● Top Answer By Saptarshi Bhowmik on 20 May 23

Ans. The PGPX IIMU-Purdue supply chain management dual degree program offered by IIM Udaipur is considered to be a highly reputable and well-regarded program in the field of supply chain management. The program is designed to provide students with a deep understanding of the latest developments in the field, along with practical skills and knowledge related to supply chain management roles. Here are a few highlights pertaining to the program. The curriculum is very rigorous and within 5 months students are introduced to basic subjects of management such as Finance, Accounting, Statistics, Marketing and also the foundational subjects of Supply Chain and Operations management. Professors adopt the case study pedagogy combined with supplementary materials whenever necessary to deliver the best learning experience. The coursework is regularly evaluated like any other reputed institute. Students from IIM Udaipur get to spend 5 months at Purdue University’s Krannert School Of Management wherein they get an opportunity to select elective courses as per their interests. Faculty ensure students get the right projects during internships. It’s the internship experience that actually determines your choice of electives at Purdue University. Placements: The following table represents the MBA GSCM Placements for the batch 2022: Students places 100% Number of students  37 Number of Companies participated 56 Number of offers 150 Highest CTC  INR 35.96 LPA Average CTC  INR 19.54 LPA Lowest CTC INR 14 LPA  Overall, the PGPX IIMU-Purdue program is considered to be a great choice for those interested in a career in supply chain management.Read more
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Ques. What is the fee structure for MBA in BITS Pilani?

● Top Answer By Namrata Das on 14 Sept 23

Ans. BITS Pilani is a private engineering college so charges high fees to maintain the standard of education. The detailed fee structure of its MBA program (Pilani Campus) has been mentioned below BITS Pilani MBA Fees 2022 Particulars Pilani Campus Admission Fees  INR 48,100 Tuition fee INR 2,18,500 per semester Students' Union fee  INR 450 Students' Aid Fund  INR 225 Hostel fee (for on-campus students only)  INR 15,550 per semester Mess & Electricity advance INR 10,000 per semester Other Advances  INR 12,000 per semester Hope this solves your query!Read more
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Ques. Which college is better for MBA among UBS, BITS, BIMTECH and NIT Trichy?

● Top Answer By Abanti Mukharjee on 26 May 22

Ans. For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. Read more
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Ques. Is an MBA From LBSIM worth it?

● Top Answer By Adil Sinha on 26 May 22

Ans. Yes, an MBA from LBSIM is worth the investment. It has a 100% placement record and offers great ROI. LBSIM placements 2022 concluded with an average CTC of INR 11.30 LPA.  The academics are effective. You will learn through live projects and hands-on experience. It is a student-driven institute, during your MBA, you will get to learn each and every aspect of the industry. There are many academic and non-academic clubs at LBSIM, that help student lay off stress. LBSIM alumni are working at reputed companies like the Big four, Crisil, Marsh & Mclennan, etc. Read more
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Ques. What is the cut off for MBA at IMT Ghaziabad?

● Top Answer By Ankita Batra on 25 May 22

Ans. As per the latest trends, IMT Ghaziabad cutoff is as follows. CAT - 90+ percentile  XAT - 90+ percentile  GMAT - 650  There is no such sectional cutoff for IMT. Also, keep in mind the cutoff isn’t fixed. It changes each year, depending on the pool of students applying. IMT Ghaziabad decides on the cutoff after reviewing the application pool. Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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