HERITAGE BUSINESS SCHOOL

Heritage Business School (HBS), Kolkata, established in 2003, is a prominent part of the Heritage Group of Institutions. The school is driven by a vision to provide value-based education and transform students into professional leaders capable of navigating the complexities of the global corporate environment. Its primary goal is to foster an atmosphere of academic excellence, focusing on the holistic development of students through a blend of rigorous theoretical knowledge and practical industry exposure. The institution emphasizes creating socially responsible managers who are equipped with ethical values and innovative problem-solving skills.

HBS is committed to bridging the gap between academia and industry by maintaining strong corporate linkages and providing a modern learning ecosystem. The university encourages an atmosphere of continuous learning and professional growth, ensuring that graduates are prepared to excel in competitive markets while contributing positively to society.

Key Details:

• Ranking: Ranked 43rd in the Top B-Schools in India and 12th in the East Zone by The Week.

• Accreditation: Approved by the All India Council for Technical Education (AICTE) and affiliated with Maulana Abul Kalam Azad University of Technology (MAKAUT).

• Campus: Part of a sprawling integrated campus featuring modern infrastructure, air-conditioned classrooms, and advanced computer labs.

• Infrastructure: Includes a well-stocked library with digital access, a large auditorium, seminar halls, and comprehensive sports facilities.

• Placement: Strong placement record with a dedicated Career Development Cell and participation from top recruiters across various sectors.

• Faculty: Comprised of experienced academicians and industry professionals focused on research-led teaching.

Courses & Academics

Heritage Business School offers a comprehensive MBA program that emphasizes a robust academic curriculum designed to meet global management standards. The program follows a multidisciplinary learning approach, integrating core business principles with specialized functional areas to develop versatile leadership skills. The teaching methodology focuses on a blend of theoretical foundations and practical applications, ensuring students are equipped to handle the complexities of the modern corporate landscape.

The instructional style at the institution is built on academic rigor and a focus on industry-relevant skills. Students engage with a curriculum that includes various elective groups, allowing for deep specialization in specific business domains. By maintaining a focus on analytical thinking and professional development, the institution prepares its graduates for high-level management roles. The multidisciplinary framework ensures that students gain insights across various sectors, fostering an environment of continuous learning and innovation.

Placement & Career Overview

Heritage Business School maintains a dedicated focus on industry readiness and professional integration. The institution utilizes a structured Training and Placement cell to facilitate career opportunities through specialized mentoring and industry-institute interface sessions. This proactive approach has built a strong reputation with major recruiters across sectors like banking, consultancy, and FMCG. The school emphasizes preparing students for high-stakes corporate roles through continuous professional development.

Key Details:

• Placement Data: Features successful recruitment by top organizations including PwC SDC, EY Global Delivery Services, ICICI Bank, ITC Ltd, and Colgate Palmolive.

Rankings & Accreditations

Heritage Business School holds a distinguished national and regional standing, consistently recognized for its academic excellence. The institution is highly regarded in Eastern India, frequently appearing in top positions in prominent B-School surveys. Its reputation is built on a commitment to value-based education and professional development, as evidenced by its various ratings from major educational and industry bodies that highlight its leadership in management studies within West Bengal.

Key Details:

• Other Recognitions: * Ranked 6th in Kolkata and 23rd in Eastern India in the Business Today Best B-Schools Ranking 2026.

  • Awarded a prestigious AAA Rating in CAREERS360 India's Best B-Schools 2026.

  • Ranked as the No. 1 B-School in West Bengal by Education World for 2021-22 and 2016.

  • Recognized as 'The Most Preferred B-school of the Year (East) 2020' by ASSOCHAM.

  • Honored as 'ET Best Education Brands 2020' by the Economic Times.

  • Featured in the "Super League A7" by Business Standard (2016) and ranked top among MAKAUT-affiliated schools

Reviews

Academic: 4/5

Faculty: 4/5

Infrastructure: 4/5

Accommodation: 4/5

Social Life: 4/5

Placement: 4/5

Scholarship Programs & Details

Heritage Business School supports academic excellence and inclusivity by facilitating various financial aid opportunities. The institution's philosophy emphasizes rewarding meritorious students and assisting those from diverse socio-economic backgrounds, ensuring that financial constraints do not hinder the pursuit of quality management education through several state-sponsored and central government scholarship schemes.

Named Scholarship Programs (Bullet Points):

• Swami Vivekananda Merit-cum-Means Scholarship (SVMCM): This state government scheme is for meritorious students from economically backward families in West Bengal to pursue higher studies.

• Kanyashree Prakalpa (K3): A specialized state initiative designed to incentivize and support female students pursuing postgraduate studies with financial assistance.

• National Scholarship Portal (NSP) Schemes: The institute facilitates various central government scholarships through this portal for students belonging to minority communities and reserved categories.

• Aikyashree Scholarship: A dedicated West Bengal State Scholarship for students from minority communities to provide financial support for their professional education.

Faculty & Research Profiles

The faculty at Heritage Business School (HBS) consists of highly qualified individuals who serve as key drivers of institutional excellence through their dual roles in academic instruction and impactful research. Many faculty members hold PhDs from prestigious national and international institutions and bring a wealth of experience from diverse backgrounds as corporate executives, policymakers, and consultants. Their commitment to research is reflected in regular publications in reputed international journals and participation in global conferences.

Key Details:

• Faculty Strength: Most of the faculty members are PhD holders in their respective fields, supported by eminent guest lecturers from premier institutions like IIMs and XLRI.

• Research Focus: The major research areas include Management, with specific focus on Economics, Sustainable Development, Organizational Behaviour, Information Technology’s socio-economic impact, and Operations Research.

• Global Background: The faculty includes members educated at or associated with top-tier global institutions such as Oxford, the University of Rochester, and the University of Southern California.

• Student-Faculty Ratio: While a specific numerical ratio is not explicitly provided on the page, the institution emphasizes personalized mentoring and student development through its senior faculty and industry mentors.

Notable Faculty Examples:

• Dr. Bobby Basu - Department of Management: Associate Professor and Teacher-in-Charge with a PhD from West Bengal State University; specializes in Production & Operations Management and Operations Research.

• Dr. Madhurima Ganguly - Department of Management: Associate Professor specializing in Marketing and Human Resource Management with extensive academic and research experience.

• Dr. Rimu Chaudhuri - Department of Management: Associate Professor with a PhD; specializes in Economics and has authored numerous research papers on socio-economic equity and sustainable development.

• Dr. Arunava Bhattacharya - Department of Management: Assistant Professor with a PhD from Burdwan University; possesses over 26 years of experience across corporate and academic sectors, specializing in Systems.

• Prof. (Dr.) Anup Sinha - Chief Mentor: Former Professor at IIM Calcutta with a PhD from the University of Southern California; an expert in macroeconomic policy and sustainable development.

Campus & Hostel Infrastructure

Physical Amenities

• Room Specifications: Separate accommodation for boys and girls; furnished rooms.

• Safety Features: Resident wardens; 24-hour security.

• Utility Services: Wi-Fi connectivity; medical unit; multi-gym; banking facilities; ATM; cafeteria.

• Building Features: Common rooms.

Visual Identification

• Dining hall

• Central Library

• Auditorium

• IT Infrastructure / Computer Center

• Sports Ground

• Heritage Institute of Technology Campus buildings

Fees

Heritage Business School offers a structured fee schedule for its two-year full-time MBA program. The costs are divided across four semesters, encompassing various academic and institutional charges. The first semester includes one-time payments such as admission fees and a refundable caution deposit, making the initial payment higher than subsequent terms. Ongoing costs across all semesters consist of tuition, development fees, library charges, and a specialized personality development fee intended to enhance student professional growth.

The total financial commitment for the program is clearly outlined to assist students in their financial planning. Apart from the standard tuition, the institution incorporates a university development fee and a book bank facility within its library fees. The total fees payable for the entire duration of the course, excluding the refundable caution money, amounts to a specific aggregate that covers all core instructional and infrastructural services provided by the business school during the two-year academic cycle.