Heritage Business School MBA Review 2026: Fees, Placements, Admission & ROI Analysis

1. Why this review matters Heritage Business School MBA Review 2026

This review combines:

1. Heritage Business School MBA Review 2026 Official college disclosures (fees & accreditations).

2. Placement and alumni reports from major education aggregators (Shiksha, Collegedunia, Careers360).

3. Direct indicators: recruiters list, highest/average packages reported, specialisation mix and testimonials. Where numbers vary between sources we present ranges and flag the official site as the primary reference.

2. Heritage Business School at a glance (context for 2026)

Founded in the early 2000s, Heritage Business School in Kolkata positions itself as a regional leader for management education in Eastern India. The school emphasises industry-aligned curriculum, mentorship, and placement support. It offers core MBA specialisations such as Finance, Marketing, HR, Business Analytics / MIS and Operations—typical of a contemporary MBA readying students for sectoral roles.

1. Fees breakdown (what you’ll actually pay)

Total program fee (reported ranges for the 2025–26 & 2026 intakes):

• Common aggregator numbers: ₹5.4 Lakh (total) reported on a number of aggregator sites as a typical full fee.

• Other aggregation and official itemised figures show ₹5.4–6.9 Lakh depending on included hostels, one-time charges and development fees. The college’s itemised semester table lists admission fees, tuition per semester, development fees and refundable caution money—so the instalment structure can vary. Always check the official admissions page for exact semester billing.

What the fee usually includes

• Tuition (semester-wise), development fee, personality development fee, library and university charges; caution deposit is usually refundable. Itemised figures are available on the official fees page.

Funding & scholarships

• Partial scholarships, merit awards, and instalment payment options are typically available; students often finance with education loans from nationalised banks. Verify latest scholarship criteria and deadlines on the college site during application.

Practical advice: Compare net cost (after scholarships) and expected starting salary for your target specialisation to compute a true ROI — we model this below.

3. Placements 2024–26: what data shows

Reported average packages: Aggregators and college reports show average packages in the ₹5.0–5.4 LPA band, with highest offers being notably higher in good years for certain students. Top recruiters historically include banks, FMCG majors, consulting firms and IT/BPO.

Placement support & mechanisms

• Dedicated placement cell with pre-placement training, mock interviews and industry guest sessions. Recruiter engagement includes company presentations, on-campus drives, and summer internship pipelines. Careers reports and student testimonials emphasise regular industry interface.

Sector distribution (typical)

• Finance & Banking, FMCG & Sales, Consulting/Analytics, and IT/BPO are common hiring verticals. The school’s location advantage in Kolkata helps attract regional recruiters plus national chains.

How to interpret the numbers

• Average CTC reflects a mixture of campus offers and off-campus/internship conversions. If your goal is top-tier consulting or investment banking, check year-by-year highest offers (they tend to be selective); for steady BFSI, FMCG or analytics hiring, HBS’s placement pipeline is solid for regional recruiters.

4. Admission process — step by step for 2026 intake

1. Entrance tests accepted: MAT / CMAT / WBJEMAT and similar standard tests are commonly accepted for shortlisting. Check the exact tests and cut-offs in the YOJANA for the particular admission cycle.

2. Application & shortlisting: Apply via the college portal or through MAKAUT counsellings where applicable. Shortlisting is typically based on test score + academic profile.

3. Group Discussion (GD) & Personal Interview (PI): After shortlisting, candidates appear for GD/PI rounds; final selection factors in test scores, GD/PI and past academics.

4. Document verification & fee payment: Once selected, complete document verification (degree, caste/relief certificates if applicable) and pay the semester/admission fees as specified on the official site.

Timeline (typical): Applications open in early months for the academic year; national MAT/CMAT windows (Jan–Mar for many tests) often align with selection cycles. Confirm exact dates in the current admission notice.

5. Academics & curriculum — what to expect

• Pedagogy: Mix of case studies, lectures, guest faculty, projects and mandatory summer internship (industry immersion). Core curriculum across the first year followed by specialisation electives in the second year.

• Specialisations available: Finance, Marketing, HR, MIS/Analytics, Operations & Business Analytics. Elective clusters allow domain depth; add-ons like certification courses or industry projects are periodically offered.

• Faculty: A combination of permanent faculty and visiting industry experts; student reviews highlight approachable faculty and mentorship models.

1. Campus life, infrastructure & student support

• Campus & facilities: Modern classrooms, library with digital access, computer labs, hostel facilities (separate fee), and placement labs. Hostel costs are extra and vary by room type—confirm current rates.

• Student clubs & events: Regular management festivals, entrepreneurship cells, and domain clubs (finance, marketing, analytics) that run competitions and speaker sessions. These are crucial for network building and soft-skill development.

2. ROI analysis — will the investment pay off?

To evaluate ROI, compare net program cost (fees + living costs + opportunity cost) against first-year salary (average CTC). Using reported numbers:

• Conservative estimate (reported averages):

  • Program cost: ₹5.4–6.9 L total.

  • Average first-year CTC: ~₹5.0–5.4 LPA.

Interpretation: If your post-MBA placement matches the average CTC band, you can expect to recover tuition within ~1–2 years of working (excluding living costs and loans interest). For specialisations with stronger recruiter demand (finance/analytics/consulting), outcome variance improves the ROI. For students prioritising top-tier national placements, confirm year-wise highest packages and recruiter fit before committing.

How to improve your ROI

• Choose a high-demand specialisation, actively engage with placement cell, pursue high-impact internships, and network with alumni. Negotiation skills and targeted domain certifications (data analytics, digital marketing, CFA/FRM primers) improve placement prospects.

6. Strengths & weaknesses — concise assessment

Strengths

• Strong regional reputation in Eastern India with active recruiter ties.

• Structured placement support and mentorship programs noted in student reviews.

• Accredited program and updated curriculum reflecting industry trends.

Weaknesses / Considerations

• If your target is national Tier-1 placements (top consulting/investment banking in metros), the competition is intense—evaluate annual highest-package data before deciding.

• Fee ranges across aggregators vary; always cross-check official fees and one-time charges on the HBS site before applying.

1. Who should apply to Heritage Business School MBA (ideal candidate profile)

• Students wanting a career launch in BFSI, FMCG, sales, operations or analytics with a regional placement focus.

• Candidates who seek an MBA with practical internships and structured placement efforts, and those who want to balance cost vs outcome (good ROI in the mid-range salary band).