Top 25 MBA Colleges in India: NIRF Ranking, Fee and Average Placements
Eric James
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February 14, 2024
Top 25 MBA Colleges in India; Finding the right MBA college is extremely important for any candidate in India, Are you a student looking for the Best MBA Colleges in India to study from, and Formfees is here to help you make the right choice and to help them find the best MBA colleges in India.Â
The National Institutional Ranking Framework was approved by MHRD and introduced and approved by the Honorable Minister of Human Resource Development in the year 2015. Colleges/Universities are ranked across the country using various factors and based on multiple parameters.
Top 25 MBA Colleges in India Highlights
- The best MBA college in India is IIM Ahmedabad, followed by IIM Bangalore and IIM Kozhikode. According to the latest NIRF rankings for 2023, the institutes are ranked 1, 2 & 3.
- One of the top MBA colleges in Delhi is the Department of Management Studies at IIT Delhi, followed by the Indian Institute of Foreign Trade and the Indian Institute of Management Rohtak.
- MBA Admissions 2024 are based on MBA entrance exams such as CAT, GMAT, SNAP, XAT, and MAT, followed by a GD/ PI round.
- IIM Mumbai (NITIE), SJMSOM-IIT Bombay, SPJIMR Mumbai, and NMIMS Mumbai are the best MBA colleges in Mumbai.
In India there are more than 3000 MBA Colleges in India but only a Few are ranked among the NIRF Ranking and gets the tag for the âTop 25 MBA Colleges in Indiaâ, also these Top MBA Institutes in India are some of the best due to the factors including the placement opportunities, infrastructure, facilities, world-class Facilities, etc.
Following is the list of top 25 MBA colleges in India based on NIRF Ranking 2023.
You can contact Formfees before finalizing your admission to any of these top 25 MBA colleges in India. Please visit the official website of the respective institute for more information.Â
Top Tier MBA Colleges in India: Check Cutoff, Ranking in India
A good approach for candidates to decide if Tier 1 Colleges for MBA are the best fit for them is to look at the factors like entrance exams like CAT, XAT, SNAP, Fees, cutoff of the Tier 1 MBA Colleges in India, as we have listed below. Discover the list of Top Tier Colleges in India for MBA, cutoff, Ranking for candidates looking for the List of MBA Colleges in India.
Tier 1 Government MBA colleges may charge fees ranging from INR 11,75,000 to INR 24,50,000. And on the other hand the MBA Fees in Tier 1 Private Colleges range from INR 5,00,000 to INR 36,29,000.
Tier 1 Government MBA Colleges in India 2023
Here is a list of Tier 1 Government Top 10 Colleges in India 2023 with course fees and cut-off.
| S.NO. | College | Fees | CutOff |
|---|---|---|---|
| 1 | IIM Ahmedabad | INR 24,61,000 | 99 |
| 2 | IIM Bangalore | INR 24,50,000 | 99 |
| 3 | IIM Calcutta | INR 27,00,000 | 99 |
| 4 | IIT Delhi | INR 10,40,000 | 90 |
| 5 | IIM Kozhikode | INR 20,50,000 | 97 |
| 6 | IIM Indore | INR 21,14,222 | 90 |
| 7 | XLRI Xavier School of Management | INR 12,90,000 | 92 |
| 8 | National Institute of Industrial Engineering | INR 7,03,000 | 97 |
| 9 | IIT Kharagpur | INR 6,45,000 | 90 |
| 10 | IIM Ranchi | INR 8,95,000 | 94 |
Tier 1 Private MBA Colleges in India 2023
Check out the top Tier 1 Private MBA Colleges in India 2023 along with their fees and cut-off details.
| S.NO. | College | Fees | Cut Off |
|---|---|---|---|
| 1 | MDI Gurgaon | INR 23,47,400 | 95 |
| 2 | SIBM Pune | INR 13,49,000 | 97 |
| 3 | IMI Delhi | INR 9,55,290 | 90 |
| 4 | Institute of Management Technology Ghaziabad | INR 19,53,000 | 90 |
| 5 | PSG College of Technology | INR 20,500 | 98 |
| 6 | IMT Hyderabad | INR 6,03,000 | 90 |
| 7 | Jaipuria Institute of Management, Ghaziabad | INR 4,00,000 | 90 |
| 8 | SIBM Bangalore | INR 9,65,000 | 90 |
| 9 | Jamnalal Bajaj Institute of Management Studies, Mumbai | INR 3,50,000 | 96 |
| 10 | GIBS Business School, Bangalore | INR 8,25,000 | 99 |
Top Tier MBA Colleges in India: Eligibility Criteria 2024-2025
- All Tier 1 management institutions in India follow the same admissions approach. The following are the entrance requirements for Tier 1 colleges:-
- Aspirants need to have a minimum of 50% in their bachelorâs degree from a recognized university. And additionally, the Aspirants need to take the Common Admission Test (CAT).
- Aspirants with the highest percentiles around 95%+ in entrance tests will be selected for these Tier 1 Institutes and Shortlisted candidates are called for several rounds, such as Personal Interview (PI), Group Discussion (GD), and Counseling.
- Aspirants who passed through all of the rounds will secure a spot to post-graduate programs at tier 1 MBA institutions.
Frequently Asked Questions about Top 25 MBA Colleges in India
Q. Which is the top MBA College in India?
Ans. According to the most recent NIRF rankings, IIM Ahmedabad is the best MBA college in India. IIM Bangalore is ranked second, IIM Calcutta is ranked third, IIM Lucknow is ranked fourth, and IIT-Delhi-DoMS is ranked fifth.
Q. Between a private and a government MBA College, which is better?
Ans. Any MBA college that is UGC recognized and AICTE approved is a good choice because they provide the most up-to-date curriculum. However, the candidate must decide which MBA college to attend from among private and public institutions. Private institutions have better infrastructure, but government institutions have lower fees.
Q. Which are the top MBA Colleges in India?
Ans. IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more are among the top MBA colleges in India.
Q. How much does an MBA in India cost?
Ans. The average tuition fee for top MBA colleges in India is approximately INR 10,68,413 per year.
Q. Is GMAT Accepted or necessary to get into IIMs?
Ans. MBA colleges in India that accept the GMAT include IIMs, ISB, SPJIMR, and many other prestigious institutions. If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programs both in India and abroad: One-year MBA programs in India include ISB, IIMs, SPJIMR, XLRI, and Great Lakes.