Best MBA Institute in India 2022
Saurav Anand
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August 14, 2022
Here we will briefly discuss about Best MBA Institute in India 2022. In India now more than 3000 MBA colleges make their own identity with their Rankings, Fees Structure, and Placement reports. So, in this competitive field many MBA colleges make their place in the list of Best MBA Institutes in India 2022.
According to the MHRD-NIRF rankings 2021, the top MBA colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Calcutta, IIM Kozhikode, and IIM Indore. Other popular B-Schools include XLRI Jamshedpur, IMI, IMT, MDI Gurgaon, VIT, Fore School of Management, SPJIMR, and the Department of Management Studies of the IITs, which are ranked among the top MBA Colleges in India NIRF Rankings as well as other B-school surveys conducted by India Today, Outlook, and Business Today. Top MBA Colleges in India with fees structure belong in between Rs. 10 lakhs (Annual fees). we gather all information that you help you to find out all the information about the Top MBA Colleges in India such as Top 10 MBA Colleges in India, Top MBA Colleges in India with Fees Structure, Top MBA colleges in India with NIRF rankings, Top MBA Colleges in India Placement wise and more.
Highlights: Top MBA Colleges in India 2022
| Parameters | Particulars/ Statistics |
|---|---|
| No. of MBA Colleges in India | 5,000 (Approximately) |
| Fees | -Annual fee < Rs 10 lakh: 6% - Annual fee >Rs 10 lakh: 94% |
| Top Specialisations | General Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism |
| Admission Process | Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP |
| Top MBA Colleges in India | IIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc. |
The two-year MBA program provides access to a wide range of job and entrepreneurial opportunities. This course provides knowledge and training in business administration and operations, both of which are necessary for running a business. The MBA program also improves an individual's communication skills and leadership abilities.
MBA programs are open to students from all disciplines, including science, business, and humanities. The most popular option is the full-time MBA, which includes theory classes, practical projects, and internships. A full-time MBA is preferred by recent graduates as well as candidates with a few years of work experience. In India, there are over 5,000 Best MBA Institutes in India that offer the course in a variety of specializations. Some B-Schools provide an MBA degree, while others provide a PG diploma (PGDM/PGPM).
Top MBA Colleges in India with NIRF Rankings
We have listed the top MBA Colleges in India with a NIRF ranking of 2021 based on the post-MBA salary based on the most recent NIRF ranking of 2021. The all-India ranking is given to the top 100 MBA Colleges in India based on a variety of criteria, including teaching, learning, and resources, research and professional practices, graduation outcomes, outreach and inclusivity, and perception. The Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many more are among the Best MBA Institute in India. Here is a list of the top 10 MBA Colleges in India with NIRF ranking 2022:
| NIRF 2021 Ranking | College Name | NIRF Score |
|---|---|---|
| 1 | Indian Institute of Management, Ahmedabad | 83.69 |
| 2 | Indian Institute of Management, Bangalore | 83.48 |
| 3 | Indian Institute of Management, Calcutta | 80.04 |
| 4 | Indian Institute of Management, Kozhikode | 73.34 |
| 5 | Indian Institute of Technology, Delhi | 72.15 |
| 6 | Indian Institute of Management, Indore | 71.10 |
| 7 | Indian Institute of Management, Lucknow | 71.02 |
| 8 | Xavier Labour Relations Institute (XLRI) | 69.93 |
| 9 | Indian Institute of Technology, Kharagpur | 69.50 |
| 10 | Indian Institute of Technology, Bombay | 68.08 |
Top MBA Colleges in India Eligibility Criteria
The MBA course requires graduation or equivalent from a recognized university; however, the minimum score requirement may vary for niche specializations. Here are the Top MBA Colleges in India with eligibility criteria:
- As a basic eligibility requirement for MBA, candidates must have completed a bachelor's degree in any discipline or its equivalent from a recognized university (full-time)
- Most institutes adhere to the AICTE's graduation minimum score criteria, which are 50% aggregate or equivalent and 5% relaxation for students from reserved categories.
- Professional degree holders such as MBBS, CA, CS, and ICWAI, among others, are also eligible to pursue an MBA.
Top MBA Colleges in India with Fees Structure
We divided Top MBA Colleges between India with Fees into two parts. The first one is the Top 10 Private MBA Colleges in India with Fee Structure and the other one is the Top 10 Public or Government MBA Colleges in India with Fees Structure.
Top 10 Private MBA Colleges in India with fees Structure
| Private Colleges | Course Fee (in Rs) |
|---|---|
| XLRI Xavier School of Management, Jamshedpur | 23.60 L |
| MDI Gurgaon | 21.34 L |
| NITIE, Mumbai | 11.33 L |
| SPJIMR, Mumbai | 17.87 L |
| Symbiosis Institute of Business Management, Pune | 10.20 L |
| SVKM’s Narsee Monjee Institute of Management Studies | 10.42 L |
| Great Lakes Institute of Management, Chennai | 11.81 L |
| Indian Institute of Foreign Trade, Delhi | 8.85 L |
| International Management Institute, Delhi | 18.34 L |
| ICFAI Business School, Hyderabad | 14.14 L |
Top 10 Public or Government MBA Colleges in India with Fees Structure
| Public Colleges | Course Fee (in Rs) |
|---|---|
| IIM Ahmedabad | 23.00 L |
| IIM Bangalore | 18.70 L |
| IIM Calcutta | 10.10 L |
| IIM Kozhikode | 20.50 L |
| IIT Delhi-DoMS | 8.80 L |
| IIM Indore | 17.06 L |
| IIM Lucknow | 5.69 L |
| IIT Kharagpur-VGSOM | 9.26 L |
| IIT Bombay-SJMSOM | 8.67 L |
| IIT Madras-DoMS | 8.00 L |
Top MBA Colleges in India ROI
The Return on Investment (ROI) of the course is a major factor that influences any management institute's ranking. But what exactly is ROI? ROI is defined as the difference or balance between the course fee and the salary offered after completing the course.
Top MBA colleges in India ROI is higher than the rest, which is why they are included in all-India rankings by agencies and business magazines. The top MBA colleges in India with NIRF rankings 2021 are listed below, along with the average annual fee and average placement package, its mean here are the Top MBA Colleges in India ROI:
| Name of the College | Name of the College | Average Placement Package (in Rs) |
|---|---|---|
| IIM Ahmedabad | 23 L | 26 LPA |
| IIM Bangalore | 23 L | 25 LPA |
| IIM Calcutta | 23 L | 27 LPA |
| IIM Kozhikode | 20 L | 22.50 LPA |
| IIT Delhi | 9.6 L | 18.47 LPA |
| IIM Indore | 15 L | 22.92 LPA |
| IIM Lucknow | 19 L | 24.25 LPA |
| XLRI Jamshedpur | 23 L | 18.80 LPA |
| IIT Kharagpur | 10 L | 18.00 LPA |
| IIT Bombay | 8.67 L | 21.96 LPA |
Top MBA Colleges in India with Cut Off
In Top MBA Colleges in India with CUT off, IIM colleges CAT cut off are the highest. So we are listed IIM college's name with CAT Cut Off scores.
| Name of the IIM college | Expected CAT cut-off in percentile |
|---|---|
| IIM Ahmedabad | 100-99 |
| IIM Bangalore | 100-99 |
| IIM Calcutta | 99 |
| IIM Lucknow | 97-98 |
| IIM Indore | 97-98 |
| IIM Kozhikode | 97-98 |
| IIM Amritsar | 95-96 |
| IIM Nagpur | 95-96 |
| IIM Sambalpur | 95-96 |
| IIM Tiruchirappalli | 94-95 |
| IIM Raipur | 94-95 |
| IIM Ranchi | 94-95 |
| IIM Kashipur | 94-95 |
Top MBA colleges in India Placement wise
Here are the listed Top MBA colleges in India Placement wise (Government Sector):
| Rank | Name of the College | Highest Salary | Average Salary | Number of Companies Visited |
|---|---|---|---|---|
| 1. | IIM Ahmedabad | INR 39.81 Lakhs | INR 15.88 Lakhs | 125 |
| 2. | IIM Bangalore | INR 01.00 Crore | INR 26.00 Lakhs | 135 |
| 3. | IIM Calcutta | INR 75.00 Lakhs | INR 15.32 Lakhs | 393 |
| 4. | FMS Delhi | INR 20.10 Lakhs | INR 15.40 Lakhs | 93 |
| 5. | XLRI, Jamshedpur | INR 26.00 Lakhs | INR 16.20 Lakhs | 48 |
| 6. | IIM Indore | INR 34.00 Lakhs | INR 12.10 Lakhs | 92 |
| 7. | NMIMS | INR 30.00 Lakhs | INR 14.40 Lakhs | 140 |
| 8. | MDI Gurgaon | INR 22.80 Lakhs | INR 12.80 Lakhs | 74 |
| 9. | IIM Lucknow | INR 22.00 Lakhs | INR 15.80 Lakhs | 213 |
| 10. | IIM Kozhikode | INR 33.00 Lakhs | INR 12.31 Lakhs | 146 |
Frequently Asked Questions:
Q1. Which is the No 1 MBA college in India?
Ans. IIM Ahmedabad tops the list of India's top MBA colleges, followed by IIM Bangalore, IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the three mentioned above, as well as IIM Kozhikode, IITs such as IIT Delhi, and XLRI MDI Gurgaon, to name a few.
Q2. 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.
Q3. How much does MBA in India cost?
Ans. The average tuition fee for top MBA colleges in India is approximately INR 10,68,413 per year.
Q4. What is the duration of an MBA program?
Ans. The length of an MBA program can range from one to two years.
Q5.What all changes can students make in CAT Application Form this year?
Ans. The form correction window for the CAT 2020 Application form has been extended until 5:00 PM on September 29 at IIM Indore. Students can make three changes with the permission of the IIM Council:
Signature
Photograph
Try Out Your City Preferences
Any other changes will not be considered.