12 Oct, 2025 : Heritage Business School has announced the commencement of admissions for MBA program 2025-27. The last date to apply is December 20, 2025.
8 Oct, 2025 : Heritage has signed MoUs with 3 new corporate partners including Deloitte and PwC for enhanced placement opportunities.
1 Oct, 2025 : The institute has launched a new Entrepreneurship Development Cell to foster startup culture among students.
Heritage Business School (HBS), part of The Heritage Group of Institutions, is a premier private business school located in Kolkata, West Bengal. The institute is approved by AICTE and offers MBA programs affiliated to Maulana Abul Kalam Azad University of Technology (MAKAUT). HBS is known for its industry-oriented curriculum, strong corporate connections, and excellent placement record in Eastern India.
The institute focuses on providing holistic management education with special emphasis on practical learning through its industry-academia interface, corporate mentorship programs, and live projects. Heritage Business School offers one of the most affordable MBA options in Kolkata with excellent ROI.
Heritage Business School maintains a strong placement record, with the average package offered in 2024 reaching INR 5.8 LPA. The highest domestic package reached INR 13 LPA. For admissions 2024, the overall CAT cutoff was around the 60th percentile.
| Institution | Part of The Heritage Group of Institutions |
|---|---|
| Also Known As | Heritage Business School (HBS) |
| Type | Private |
| Location | Chowbaga Road, Anandapur, Kolkata |
| Approved By | AICTE |
| Affiliated To | Maulana Abul Kalam Azad University of Technology (MAKAUT) |
| Courses Offered | MBA |
| Exams Accepted | CAT, MAT, CMAT, WBJEMAT |
| Fee Range | INR 4.3 Lakh – INR 4.8 Lakh |
| Selection | Entrance Basis + GD/PI + Academic Review |
| Student Rating | 4.1/5 (Strong ROI, Good Infrastructure, Good Kolkata Reputation) |
| Specializations | Finance, Marketing, Human Resource Management, Business Analytics, Operations & Supply Chain, Entrepreneurship & Innovation |
| Unique Features |
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| How to Reach |
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| Official Website | hbs.edu.in |
Heritage Business School offers management programs at the postgraduate level. The key program is MBA (affiliated to MAKAUT) with multiple specializations.
The MBA program is a full-time two-year course with a curriculum that includes core subjects, summer internship, and specialization electives in the second year. The program provides industry-focused management education with emphasis on practical learning and corporate exposure.
Heritage Business School offers a range of management specializations including Finance, Marketing, Human Resource Management, Business Analytics, Operations & Supply Chain, and Entrepreneurship & Innovation. The fee ranges between INR 4.3 lakh and INR 4.8 lakh, making it one of the most affordable MBA options in Kolkata with excellent ROI. There are additional charges such as admission fees, application fees, and caution money. Candidates will also be required to pay a separate hostel fee for residential programs.
| Program Name | Duration | Eligibility Criteria | Selection Process | Total Fee (Approx.) |
|---|---|---|---|---|
| MBA | 2 Years | Bachelor's degree with minimum 50% marks (45% for SC/ST) | CAT/MAT/CMAT/WBJEMAT + GD + PI | INR 4.5 Lakhs |
Admissions to Heritage Business School are based on multiple factors including entrance exam scores, academic record, and performance in the Group Discussion (GD) and Personal Interview (PI). The selection process is detailed below.
| Admission Stage | Description |
|---|---|
| Application Process | Apply online through the official Heritage Business School website for the MBA program. |
| Entrance Exams |
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| Group Discussion (GD) | Shortlisted candidates are invited for GD rounds based on entrance exam performance. |
| Personal Interview (PI) | Evaluates communication, leadership potential, academic fit, and overall personality. |
| Academic Review | Academic record is considered for final evaluation. |
| Final Selection | Based on combined merit of entrance exam score, GD, PI, and academics. Candidates must meet all eligibility criteria. |
The CAT/MAT/CMAT exam score is the primary requirement for admission to Heritage Business School. Candidates must obtain the minimum required scores to clear Stage I. The Heritage cutoff for 2025 has not been officially announced yet; the 2024 General category cutoff was 60 percentile for CAT.
| Category | CAT Percentile | MAT Score | CMAT Percentile |
|---|---|---|---|
| General | ≥ 60 | ≥ 500 | ≥ 60 |
| OBC | ≥ 55 | ≥ 450 | ≥ 55 |
| SC | ≥ 50 | ≥ 400 | ≥ 50 |
| ST | ≥ 45 | ≥ 350 | ≥ 45 |
The placement data for 2025 has not been officially released. Heritage Business School has a dedicated Placement Cell to guide students' careers. The highest package for 2024 was INR 13 LPA.
| Particulars | Placement Statistics (2023-2024) |
|---|---|
| Highest Salary | INR 13 LPA |
| Average Salary | INR 5.8 LPA |
| Median Salary | INR 5.5 LPA |
| Batch Size | 120 |
| Total Recruiters | 50+ |
| Top Recruiters | Deloitte, PwC, TCS, Wipro, EY, HDFC Bank, ICICI Bank, Amazon, Axis Bank, Tech Mahindra, PwC India, Bandhan Bank, ITC, Berger Paints |
Heritage Business School is recognized as one of the emerging business schools in Eastern India. Various ranking agencies have acknowledged the institute for its quality education and industry interface.
| Ranking Body | Category | Rank | Year |
|---|---|---|---|
| Times B-School | Top Emerging B-Schools in East India | #8 | 2024 |
| Business Today | Top B-Schools in East India | #15 | 2024 |
| Career 360 | AAA Rated B-School | AAA | 2023 |
| Outlook | Top Private B-Schools in East India | #12 | 2023 |
Among the management colleges in Kolkata, Heritage Business School stands out for its affordability, industry-oriented curriculum, and placement opportunities. Each institute has its unique strengths, including fee structure, faculty quality, infrastructure, corporate collaborations, and placement statistics.
| Comparison Factors | Heritage Business School | IMI Kolkata | ICFAI Kolkata |
|---|---|---|---|
| Type | Private | Private | Private |
| MBA Fee Range | INR 4.3 - 4.8 Lakh | INR 14.5 Lakh | INR 7.5 Lakh |
| Average Package | INR 5.8 LPA | INR 9.5 LPA | INR 6.5 LPA |
| Highest Package | INR 13 LPA | INR 18 LPA | INR 15 LPA |
| Top Recruiters | Deloitte, PwC, TCS, HDFC Bank | Accenture, Deloitte, ICICI Bank | TCS, Wipro, HDFC Bank |
| Institution Group | The Heritage Group of Institutions |
|---|---|
| Exams Accepted | CAT, MAT, CMAT, WBJEMAT |
| Courses Offered | 1 Degree and 6+ Courses |
| Type of Institute | Private |
| College Website | Go to College Website |
| Stream | Management |
| Program | Specialization | Total Fees (₹) | Eligibility | Exams Accepted |
|---|---|---|---|---|
| MBA (Full-Time 2 Years) | Finance | 4,50,000 | Bachelor's Degree with minimum 50% | CAT/MAT/CMAT/WBJEMAT |
| Marketing | 4,50,000 | Bachelor's Degree with minimum 50% | CAT/MAT/CMAT/WBJEMAT | |
| Human Resource Management | 4,50,000 | Bachelor's Degree with minimum 50% | CAT/MAT/CMAT/WBJEMAT | |
| Business Analytics | 4,50,000 | Bachelor's Degree with minimum 50% | CAT/MAT/CMAT/WBJEMAT | |
| Operations & Supply Chain | 4,50,000 | Bachelor's Degree with minimum 50% | CAT/MAT/CMAT/WBJEMAT | |
| Entrepreneurship & Innovation | 4,50,000 | Bachelor's Degree with minimum 50% | CAT/MAT/CMAT/WBJEMAT |
Heritage Business School offers a range of merit-based and need-based scholarships for its MBA students. These scholarships recognize academic excellence, leadership potential, and financial need.
| Scholarship | Eligibility / Details | Amount / Benefits |
|---|---|---|
| Merit Scholarship | Based on academic performance in graduation and entrance exam scores | Up to 50% tuition fee waiver |
| Heritage Leadership Scholarship | Awarded to students with exceptional leadership qualities and achievements | Up to 25% tuition fee waiver |
| Sports Scholarship | For students with outstanding achievements in sports at state/national level | Up to 25% tuition fee waiver |
| Women in Management Scholarship | To promote gender diversity in management education | Up to 30% tuition fee waiver |
| Defense Personnel Scholarship | For wards of defense personnel | Up to 20% tuition fee waiver |
| Single Parent Scholarship | For students from single parent families | Up to 15% tuition fee waiver |
| Early Bird Scholarship | For students who confirm admission within specified early dates | Up to 10% tuition fee waiver |
Heritage Business School has been recognized by various ranking agencies for its quality education, industry interface, and placement record. The institute has been consistently ranked among the emerging business schools in Eastern India.
In the Times B-School Rankings 2024, Heritage Business School has been placed at the 8th position among Top Emerging B-Schools in East India. This ranking highlights the institute's academic excellence, industry connections, and strong placement records.
| Rank | Category | Ranking Body | Year |
|---|---|---|---|
| 8 | Top Emerging B-Schools in East India | Times B-School | 2024 |
| 15 | Top B-Schools in East India | Business Today | 2024 |
| AAA | B-School Rating | Career 360 | 2023 |
| 12 | Top Private B-Schools in East India | Outlook | 2023 |
The Heritage Business School cutoff for CAT/MAT/CMAT 2025 remains competitive for admission to its MBA program. Admission is based on entrance exam scores, followed by Group Discussion (GD) and a Personal Interview (PI). For General category candidates, the minimum eligibility criteria include an overall CAT cutoff of 60 percentile, with MAT score of 500+ and CMAT percentile of 60+.
For reserved categories, Heritage offers relaxed cutoffs. The final selection is based on a composite score incorporating performance in entrance exam, GD, PI, and academic record.
The table below shows the minimum entrance exam scores required for Heritage Business School's MBA program:
| Category | CAT Percentile (≥) | MAT Score (≥) | CMAT Percentile (≥) |
|---|---|---|---|
| General | 60 | 500 | 60 |
| OBC | 55 | 450 | 55 |
| SC | 50 | 400 | 50 |
| ST | 45 | 350 | 45 |
The Heritage Business School selection process for 2025 consists of multiple stages with specific weightages. The final composite score includes parameters such as entrance exam performance, GD, PI, and academic record.
| Parameters | Weightage |
|---|---|
| Entrance Exam Score | 50 |
| Group Discussion (GD) | 20 |
| Personal Interview (PI) | 25 |
| Academic Record | 5 |
| Total | 100 |
Heritage Business School's placement for the Class of 2024 delivered strong results. The highest domestic package reached INR 13 LPA, while the average package was INR 5.8 LPA. Over 50+ recruiters participated in the placement process, with top companies including Deloitte, PwC, TCS, and HDFC Bank.
Heritage Business School maintained a strong placement record for the 2024 batch. The institute witnessed participation from diverse sectors including consulting, IT, BFSI, and FMCG.
| Particulars | Placement Statistics (2023-2024) |
|---|---|
| Highest Package (Domestic) | INR 13 LPA |
| Average Package | INR 5.8 LPA |
| Median Package | INR 5.5 LPA |
| Total Recruiters | 50+ |
| Top Sectors | Consulting, IT, BFSI, FMCG, Manufacturing |
| Top Recruiters | Deloitte, PwC, TCS, Wipro, EY, HDFC Bank, ICICI Bank, Amazon, Axis Bank, Tech Mahindra, ITC, Berger Paints |
| Domain | % of Offers |
|---|---|
| Marketing | 35% |
| Finance | 30% |
| Human Resources | 15% |
| Operations | 10% |
| IT & Analytics | 10% |
Placements at Heritage Business School have shown consistent growth over the last three years.
| Placement Year | Highest Package | Average Package | Median Package |
|---|---|---|---|
| 2024 | INR 13 LPA | INR 5.8 LPA | INR 5.5 LPA |
| 2023 | INR 12 LPA | INR 5.5 LPA | INR 5.2 LPA |
| 2022 | INR 10.5 LPA | INR 5.2 LPA | INR 5 LPA |
Heritage Business School provides comfortable and secure hostel facilities for both male and female students. The hostels are designed to create a conducive environment for academic learning and personal development. With separate accommodations for boys and girls, the hostels offer all necessary amenities to ensure a comfortable stay for students.
| Particulars | Details |
|---|---|
| Hostel Availability | Separate hostels for boys and girls |
| Room Configuration | Single, Double, and Triple sharing options |
| Hostel Fees | INR 80,000 - 1,20,000 per annum (depending on room type) |
| Food Facility | Mess providing vegetarian and non-vegetarian meals |
| Amenities | Availability |
|---|---|
| Wi-Fi Connectivity | Available 24x7 |
| Laundry Facility | Available |
| Recreation Room | With TV and indoor games |
| Gymnasium | Fully equipped gym |
| Medical Facility | First-aid and tie-up with nearby hospitals |
| Security | 24x7 security with CCTV surveillance |
| Housekeeping | Regular cleaning and maintenance |
The hostel premises include common areas for group studies and discussions. There are dedicated spaces for recreational activities to ensure a balanced campus life. The mess serves hygienic and nutritious food with a varied menu. The hostels are located within the campus premises, providing easy access to academic blocks and other facilities.
12 Oct, 2025 : Heritage Business School has announced the commencement of admissions for MBA program 2025-27. The last date to apply is December 20, 2025.
8 Oct, 2025 : Heritage has signed MoUs with 3 new corporate partners including Deloitte and PwC for enhanced placement opportunities.
1 Oct, 2025 : The institute has launched a new Entrepreneurship Development Cell to foster startup culture among students.
Heritage Business School offers a modern campus with state-of-the-art infrastructure supporting academic excellence and holistic student development. Located on Chowbaga Road, Anandapur, Kolkata, the Heritage campus provides advanced academic, residential, and recreational facilities for its students. The institute ensures a balanced environment with modern classrooms, IT-enabled learning, well-equipped library, sports amenities, and 24x7 internet access.
| Facility | Details |
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| Sports & Recreation |
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| Hostels & Residences |
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| Dining & Food Courts |
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| Entrepreneurship Cell |
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