Heritage Business School (HBS) is a private, AICTE-approved business school located in Kolkata, West Bengal, established in 2003. Affiliated to Maulana Abul Kalam Azad University of Technology (MAKAUT), HBS offers a flagship 2-year MBA program with dual specializations in areas such as Marketing, Finance, HR, Systems, and MIS. The institute has an annual intake of 120 students and is recognized for its consistent placement record, with an average package of INR 5.2 LPA (2024). HBS has been ranked as the 1st Private B-School in West Bengal and 28th in India by Education World for 2024–25.
- Heritage Business School Highlights
- Heritage Business School Rankings
- Heritage Business School Courses & Fees
- Heritage Business School Admission Process
- Heritage Business School Scholarships
- Heritage Business School Campus & Facilities
- Heritage Business School Placements
- Heritage Business School Notable Alumni
Heritage Business School Highlights
Established in 2003, Heritage Business School is a private institution affiliated to MAKAUT and approved by AICTE. The campus accommodates approximately 120 MBA students annually and offers a robust faculty team with expertise across management disciplines. The flagship MBA program costs around INR 5.4 lakh for the full course and admits students based on MAT/WBJEMAT scores. The school’s official website provides detailed admission and program information.
Particulars | Details |
Established | 2003 |
Type | Private |
Approvals/Accreditations | AICTE, Affiliated to MAKAUT |
Student Intake / Strength | 120 (MBA) |
Faculty | Experienced faculty across management domains |
Flagship Program & Fees | MBA, INR 5,40,000 (total) |
Entrance Exams | MAT, WBJEMAT |
Official Website |
Heritage Business School Rankings
Ranked 1st Private B-School in West Bengal and 28th in India by Education World for 2024–25, Heritage Business School is also consistently featured among the top B-schools in Kolkata and Eastern India by Outlook India, Careers360, and Open Magazine. These rankings reflect the school’s reputation for academic excellence and industry engagement.
Year | Ranking Body | Category | Rank |
2024–25 | Education World | Private B-Schools (West Bengal) | 1 |
2024–25 | Education World | Private B-Schools (India) | 28 |
2024 | Outlook India | B-Schools (Kolkata) | 6 |
Heritage Business School Courses & Fees
Heritage Business School offers a single flagship program: a 2-year full-time MBA with dual specializations. The program is designed for graduates from any discipline and admits students based on national/state-level entrance exams. The total fee for the MBA program is approximately INR 5.4 lakh for the 2025 batch.
Program | Level | Duration | Eligibility | Total Fees |
MBA (Dual Specialization) | Postgraduate | 2 Years | Graduate in any discipline; MAT or WBJEMAT score | INR 5,40,000 |
Heritage Business School Admission Process
Admissions to the MBA program at Heritage Business School are based on merit in MAT or WBJEMAT. The process typically involves an online application, followed by shortlisting for Group Discussion (GD) and Personal Interview (PI). The application window usually opens in April–June for the upcoming academic year.
Application Window: April–June 2025
Entrance Exams (if any): MAT, WBJEMAT
Selection Stages (GD/PI/WAT/etc.): Group Discussion, Personal Interview
Step | Details | Indicative Timeline | Documents |
Online Application | Submit form via official website | April–June 2025 | Graduation marksheet, ID proof, entrance exam scorecard |
Shortlisting | Based on MAT/WBJEMAT scores | June 2025 | Scorecard |
GD/PI | Group Discussion & Personal Interview | June–July 2025 | Call letter, supporting documents |
Final Admission | Offer letter issued | July 2025 | All originals, fee payment proof |
Heritage Business School Scholarships
HBS offers merit-based scholarships to students with outstanding academic records and entrance exam scores. Scholarships may also be available for students from economically weaker sections, subject to eligibility and documentation. Application for scholarships is typically made during the admission process.
Scholarship | Eligibility | Benefit | How to Apply |
Merit Scholarship | High entrance exam score (MAT/WBJEMAT), strong academic background | Fee waiver/partial tuition waiver | Apply during admission; submit relevant documents |
Need-Based Scholarship | Economically weaker section; proof of income | Partial fee concession | Submit application with income certificate |
Heritage Business School Campus & Facilities
The HBS campus in Kolkata features modern infrastructure, including a well-stocked library, digital resources, and dedicated seminar halls. Students benefit from access to computer labs, research centres, and recreational amenities. Hostel accommodation and dining facilities are available for outstation students, along with robust transport connectivity.
Library / Digital Resources: 1,048 titles, 9,914 volumes, 78 periodicals, 41 national journals, 37 international journals
Labs / Research Centres / Special Equipment: Computer labs, management research centre
Classrooms / Seminar Halls / Auditoriums: Air-conditioned, multimedia-enabled
Hostel / Dining: Separate hostel for boys and girls, canteen facility
Sports / Gym / Grounds: Indoor/outdoor sports, gymnasium
Connectivity / Transport: Well-connected by road, campus bus service
Heritage Business School Placements
Heritage Business School maintains a strong placement record, with average packages around INR 5.2 LPA (2024) and top recruiters from banking, FMCG, consulting, and IT sectors. Companies such as ITC, EY GDS, Dabur India, Vialto Partners, ICICI Bank, and HDFC Bank regularly hire from HBS. The highest package offered in recent years has reached up to INR 8 LPA.
Year | Highest Package | Average Package | Median Package | Top Recruiters |
2024 | INR 8 LPA | INR 5.2 LPA | INR 5 LPA | ITC, EY GDS, Dabur India, Vialto Partners, ICICI Bank, HDFC Bank |
Heritage Business School Notable Alumni
HBS alumni have made significant contributions in diverse sectors including banking, consulting, FMCG, and entrepreneurship. Many hold leadership positions in reputed organizations and have been recognized for their professional achievements.


