Skip to main content

Top MBA Colleges in India Accepting XAT Score

List of XAT 50-60 Percentile Colleges for MBA

List of XAT 50-60 Percentile Colleges for MBA: Check the list by Formfees of XAT 50-60 Percentile Colleges for MBA in India. Through this Article you can discover the wide variety of options for pursuing an MBA in India based on your XAT score. 

If you are a student who has scored less than the desired high score in an important MBA entrance exam like XAT then this article is for you. We understand not everyone can get a really high score that top business schools require. 

So for your convenience we have compiled the List of XAT 50-60 Percentile Colleges for MBA that you can choose from. There are quite a few good MBA colleges in India that welcome students with scores in the 50-60 percentile range.  

Best XAT 50-60 Percentile Colleges for MBA 2024

XAT 2024 exam was on 7th of January and it has been anticipated that the results for XAT 2024 are expected to be announced in the last week of January 2024. In case you have given the Entrance exam, it is obvious you must have been looking into the admission procedures and fees for the Top colleges that consider XAT scores.

For the Top Tier 1 MBA Colleges Accepting XAT score the XAT Score is comparatively higher more than 800 in fact, accept XAT scores. These colleges are grouped into Tier-1 and Tier-2 categories. 

Below, you can find a list of colleges that accept XAT 50-60 Percentile Colleges for MBA Admissions.

S.No.XAT 50 to 60 percentile collegesMBA course fee
1Apeejay School of Management, Dwarka, New DelhiINR 8.5 lakh
2Apeejay Institute of Mass CommunicationINR 5.5 lakh
3Fortune Institute of International BusinessINR 8.9 lakh
4NSB Academy BangaloreINR 8.0 lakh
5Firebird Institute of Research in ManagementINR 5.9 to 7.4 lakh
6IMS Ghaziabad: Institute of Management StudiesINR 7.9 lakh
7Jaipuria Institute of Management (Jaipuria) IndoreINR 10.25 lakh
8Sir Padampat Singhania University UdaipurINR 3.15 to 5.13 lakh
9Pune Business SchoolINR 5.5 lakh
10Rajalakshmi School of Business ChennaiINR 6.33 lakh
11Jaypee Business School NoidaINR 4.0 to 7.58 lakh
12Jaipuria Institute of Management GhaziabadINR 7.9 lakh
13UPES School of BusinessINR 11.44 to 14.02 lakh
14AIMS School of BusinessINR 6.52 to 8.75 lakh
15XIME KochiINR 9.0 lakh
16XIME ChennaiINR 8.5 lakh
17Globsyn Business School, KolkataINR 8.25 to 8.65 lakh
18RV Institute of ManagementINR 7.0 lakh
19SCMS Cochin School of BusinessINR 7.95 lakh
20IMS Unison University DehradunINR 4.92 to 6.03 lakh
21Vivekanand Business School (VBS)INR 8.0 lakh
22MET MumbaiINR 4.09 to 4.10 lakh
23IES Management College and Research Centre, MumbaiINR 8.0 to 9.0 lakh
24SRM School of Management ChennaiINR 7.7 lakh
25ITM Navi Mumbai: ITM Group of InstitutionsINR 10.95 lakh

NOTE: To apply, the Student needs to fill the online application form for MBA admissions in 2024 and and go through the PI and GD. Admission is granted only to those who successfully clear both these rounds.

If you are an Aspiring Student who is considered an MBA and looking for an MBA college that considers XAT scores then you should know that for admissions there are certain criteria that include: Personal Interview (PI) and Group Discussion (GD). But the Colleges have to conduct these rounds separately as per their rules and regulations based on their academic calendar. 

The XAT application process for admission in colleges begins after the announcement of the XAT result, which is by the end of January.

Top MBA Colleges in India Accepting XAT Score 2024

Top MBA Colleges in India accepting XAT scores: On January 7, 2024, XLRI Jamshedpur will conduct the XAT 2024 in CBT mode in 79 cities across India. XLRI and other participating institutes in XAT 2024 use the XAT entrance test to admit students to postgraduate management programs. XAT scores are accepted by more than 100 B-schools in India for MBA/PGDM admissions. The List of Top MBA Colleges in India accepting XAT scores can be found here.

Xavier Associate Member Institutes and over 160+ other B-Schools in India accept XAT scores. The following are some of the top MBA colleges that accept XAT 2024 scores and cutoffs.

There are over 1.35 lakh students who have chosen to appear for the Xavier Admission Test which is better known as XAT Exam this year. And quite surprisingly for this year the number is 40% higher than last year and clearly showcases the rising popularity of the Top MBA Colleges in India accepting XAT scores. 

Additionally, we would like to state that there are more than 160 colleges offering hundreds of different programs that undertake admissions based on the XAT exam. And While many aspiring candidates consider XAT to be as challenging as, if not harder than, CAT, it still remains a popular pathway to get into top-ranking non-IIM colleges.

The Following Article on the List of  Top MBA Colleges in India accepting XAT scores along with their cutoffs. The Xavier Aptitude Test (XAT) is an entrance exam for MBA programs offered by the Xavier School of Management and is recognized by nearly 160 other MBA colleges. 

The List of Top MBA Colleges in India accepting XAT scores includes XIMB, IMT, XIME, IRMA, MICA, TAPMI, Great Lakes, FORE, LIBA, and BIMTECH, consider XAT 2024 scores for admissions. Alongside XLRI, Best MBA colleges accepting XAT scores, have their own cutoff criteria. 

List of  Top MBA Colleges in India Accepting XAT Scores With CutOffs Placement Packages

This compilation includes top MBA schools with XAT scores over 80/90 percentiles. Cutoff scores may vary based on the difficulty level of the test, the number of applicants, and other factors.

The top MBA Colleges Accepting XAT score

XAT CollegesFees (in Lakhs)Average Pkg (LPA)XAT Cut-off %ile
XLRI, Jamshedpur27.0432.794+
MICA, Ahmedabad212090+
XIM University, Bhubaneshwar21.520.0391+
IMT, Ghaziabad19.5317.690+
IRMA, Anand16.0915.583+
FORE, Delhi20.4214.588+
GIM, Panji21.0414.8780+
TAPMI19.4514.680+
BITS Pilani10.8715.970+
K J Somaiya21.7812.2870+
NIBM, Pune1615.2270+
LIBA, Chennai19.291086+
Great Lakes19.9514.5Approx. 90
IFMR, Chennai18.4113profile Based
IMT Nagpur15.1210.8180+

Top MBA Colleges in India accepting XAT scores 2024 – Non-XAMI Members

Check the list of Top MBA Colleges in India accepting XAT scores 2024: NON-XAMI Colleges that accept XAT scores.

Top MBA Colleges in India Accepting XAT Scores 2024

Entrepreneurship Development Institute of IndiaFLAME University: School of Business
Dr D.Y. Patil B-SchoolCMS B-School, Jain University
Deen Dayal Upadhyaya Institute of Management and Higher StudiesCalcutta Business School
Development Management InstituteDoon Business School
Christ Institute of Management, Lavasa (Christ University)DRIEMS Business School
BML Munjal UniversityDelhi School of Professional Studies and Research
GITAM Hyderabad Business SchoolABBS School of Management
Acharya School of ManagementAlliance University
Acharya Institute of Management & SciencesAryans Business School
Birla Institute of Management TechnologyBirla Institute of Management Technology, Bhubaneshwar
Bharatiya Vidya Bhavan’s Usha & Lakshmi Mittal Institute of Management (BULMIM)Bhavan’s Centre for Communication and Management
Bengal Institute of Business StudiesBalaji Institute of Modern Management (BIMM)
Asian School of Business ManagementGNIMS Business School
Globsyn Business SchoolFORE School of Management, New Delhi
Fortune Institute of International BusinessGITAM School of International Business
ICBM – School of Business ExcellenceGreat Lakes Institute of Management
International Institute of Management StudiesGIBS Business School
Adarsh Institute of Management & Information Technology (AIMIT)IILM College of Management Studies
Institute for Technology and ManagementIBMR – Business Schools
IFIM Business SchoolAsian Business School
IFMR UniversityIndian Institute of Forest Management
HDF School of ManagementGITAM Institute of Management
IILM Graduate School of ManagementIndus World School of Business
Institute of Management Technology (Ghaziabad)IMS-Noida
Indian Institute of FinanceInstitute for Future Education, Entrepreneurship & Leadership
IIMT School of Management (ISM)IILM University
Institute of Management Technology, NagpurInstitute of Rural Management Anand
International Institute of Business Studies-IIBSInternational Academy of Management & Entrepreneurship (IAME)
Institute of Science & ManagementInstitute of Management Technology (Hyderabad)
International School of Business & Media, Pune (ISB&M)Institute of Management Technology (Dubai)
Jaipuria Institute of Management, IndoreISBR Business School
Jaipuria Institute of Management, LucknowJaipuria Institute of Management, Noida
Jagran Institute of Communication and ManagementJaipuria Institute of Management, Jaipur
MVRR Institute of Business ManagementJagan Institute of Management Studies
Kirloskar Institute of Advanced Management StudiesPraxis Business School
Mudra Institute of Communications, Ahmedabad (MICA)Myra School of Business
National Institute of Securities MarketsNIIT University
New Delhi Institute of ManagementMIT World Peace University
Master School of ManagementNational School of Business, Bangalore
National Institute of Bank ManagementM S Ramaiah Institute of Management
Manipal University JaipurMATS Institute of Management and Entrepreneurship
MISB BOCCONIMarian Institute of Health Care Management
Mangalvedhekar Institute of Management (MIM)MIT WPU’s, MIT School of Telecom Management
Management Education & Research InstituteKIIT School of Management, KIIT
Kejriwal Institute of Management & Development StudiesK J Somaiya Institute of Management Studies & Research, Mumbai
Krupajal Business SchoolMittal School of Business, Lovely Professional University
Kaziranga UniversityJRE Group of Institutions
Training & Advanced Studies in Management and Communications Ltd (TASMAC)Suryadatta Institutes of Management (SIMMC/SIBMT)
Prin. L.N. Welingkar Institute of Management Development & ResearchKohinoor Business School, Khandala
United World School of BusinessT A Pai Management Institute
SCMS Cochin School of BusinessShri Dharmasthala Manjunatheshwara Institute for Management Development(SDMIMD)
School of Management & Entrepreneurship, Shiv Nadar UniversitySri Sri University
Sri Sharada Institute of Indian Management ResearchSchool of Petroleum Management, Pandit Deendayal Petroleum University
Shiva Institute of Management StudiesSiva Sivani Institute of Management
SIET Institute of ManagementSchool of Management Sciences
Regional College of Management AutonomousShanti Business School
School of ManagementS P Jain Institute of Management & Research
Ravenshaw Management CentreRaffles University Japanese Zone
Pune Institute of Business ManagementVanguard Business School
RICS School of Built Environment, Amity UniversitySharda University
The National Management SchoolTaxila Business School
Vellore Institute of TechnologyVivekananda Institute of Professional Studies – Technical Campus
Woxsen School of BusinessRegional College of Management Bangalore
Vignana Jyothi Institute of Management (VJIM)WLC College of India

Top MBA Colleges in India Accepting XAT Score 2024: Above 90%

The list below includes some of the best MBA colleges that accept XAT scores above the 90th percentile and below the 80th percentile. Some of the best MBA programmes may accept a XAT 75 percentile to screen candidates for the final round of selection. Here is the list of Top MBA Colleges in India accepting XAT score 2024 above 90% which is given below:

MBA CollegesFeesPlacement
XLRI Jamshedpur23.625.08
Xavier University Bhubaneswar (XUB)18.915.42
Institute of Management Technology, Ghaziabad19.5312.42
IMI New Delhi19.2512.77
TAPMI Manipal15.111.5
GIM Goa: Goa Institute of Management17.2110.71
Great Lakes Chennai17.1511
IRMA Anand15.1710.76
MICA Ahmedabad2113.9
K J Somaiya Institute of Management, Mumbai18.789.41

Top MBA Colleges Accepting XAT Score: 70+ to 80 Percentile Cut Offs

In addition to the aforementioned elite universities, several more well-known MBA programmes accept XAT scores in the 70-80 percentile range. Here is the list of Top MBA Colleges accepting XAT Score ranges between 70 to 80 percentiles which is given below:

MBA CollegesFeesPlacement
FORE School of Management, New Delhi15.9810.7
LBSIM New Delhi12.99.67
Birla Institute of Technology and Science (BITS) Pilani9
BIMTECH Greater Noida128.2
GLIM Gurgaon: Great Lakes Institute of Management16.6512.8
Jaipuria Institute of Management Lucknow10.456.73
JAGSOM Bangalore1210
XIME Bangalore117.73
SDMIMD Mysore11.27.7
Rajagiri Business School67.9
Indus Business Academy – IBA Bangalore8.516.92
LIBA Chennai15.389
IFMR Graduate School of Business at KREA University14.5610
VIT Business School (VIT) Vellore7.025.1
Amrita School of Business Coimbatore12.66.68
IMI Kolkata: International Management Institute11.510.01
BIIB Pune7.85
KIIT School of Management – KSOM Bhubaneswar14.56.87
Welingkar Mumbai12.899.2
SIES College of Management Studies Navi Mumbai97.28
Institute of Management Technology Nagpur12.127.98
ISBM Pune11.88.8

Top MBA Colleges Accepting XAT Score: 50+ to 70 Percentile Cut Offs

In addition to the aforementioned elite universities, several more well-known MBA programmes accept XAT scores in the 50-70 percentile range. Here is the list of Top MBA Colleges accepting XAT Score ranges between 50 to 70 percentiles which is given below:

MBA CollegesXAT Cut off Percentile Score
SOIL Institute of Management60-70
Jaipuria Institute of Management Noida60-70
Jaipuria Jaipur: Jaipuria Institute of Management60-70
Institute of Management Technology, Hyderabad60-70
Praxis Business School60-70
Jindal Global Business School60-70
NTPC School of Business – NSB Noida60-70
JIMS Rohini Delhi60-70
New Delhi Institute of Management – NDIM New Delhi60-70
Shiv Nadar University MBA Greater Noida60-70

Top MBA Colleges in Mumbai Accepting XAT Score

Some of the top MBA colleges in Mumbai accepting XAT score of 50 and above percentile are also among the MBA colleges in Mumbai accepting XAT score in 2024. Among the MBA colleges in Mumbai that accept XAT scores are ITM, BVIMSR, and VESIM. Read on to learn more about the cut-offs and admission status in these top MBA colleges in Mumbai that accept XAT scores of 50 percentile or above.

MBA Colleges in Mumbai Accepting XAT ScoreExpected Cut Off
K J Somaiya Institute of Management Mumbai84-87
Prin. L. N. Welingkar WE School Mumbai80-83
SIES Navi Mumbai70-75
IES Management IES MCRC Mumbai70-75
Chetna CIMR60-65
ITM Group of Institutions60-65
SDA Bocconi Mumbai65-70
Vivekanand Business School (VBS) Mumbai55-60
Guru Nanak GNMIMS Mumbai55-60
DSIMS Mumbai65-70

Top MBA Colleges in Delhi NCR Accepting XAT Score

Top MBA colleges in Delhi shortlist and admit students to their flagship MBA/PGDM programmes based on their XAT test scores. Immediately following the declaration of the XAT 2024 result and the release of the XAT score card in the third week of January 2024, top MBA Colleges in Delhi NCR accepting XAT for MBA/PGDM admission 2024 will begin their shortlisting process and declare the shortlist. Here is the list of Top MBA Colleges in Delhi NCR accepting XAT Score which is given below:

MBA Colleges in Delhi Accepting XAT ScoreExpected XAT 2024 Cut off Percentile
XLRI Delhi NCR88-90
Institute of Management Technology (IMT) Ghaziabad90-100
IMI Delhi90-100
Lal Bahadur Shastri Institute of Management – LBSIM New Delhi80-90
Fore School of Management (FSM) New Delhi80-90
Birla Institute of Management Technology (BIMTECH) Greater Noida70-80
Great Lakes Institute of Management, Gurgaon70-80
School of Inspired Leadership – SOIL Gurgaon60-70
Jaipuria Institute of Management (Jaipuria) Noida60-70
Jindal Global Business School60-70

Top MBA Colleges in Bangalore Accepting XAT Score

Top MBA colleges in Bangalore shortlist and admit students to their flagship MBA/PGDM programmes based on their XAT test scores. Immediately following the publication of the XAT 2024 result and the release of the XAT score card in the third week of January 2024, top MBA Colleges in Bangalore accepting XAT for MBA/PGDM admission 2024 will begin their shortlisting process and reveal the shortlist. Here is the list of Top MBA Colleges in Bangalore accepting XAT Score:

MBA CollegesCat Cut off
TAPMI Manipal80-90
Christ University Bengaluru80-85
SDMIMD Mysore: SDM Institute For Management Development70-80
Indus Business Academy – IBA Bangalore70-80
JAGSOM Bangalore: Jagdish Sheth School of Management Bangalore70-80
XIME Bangalore: Xavier Institute of Management and Entrepreneurship70-80
AIMS School of Business (AIMS) Bangalore65-70
PES University65-70
Kristu Jayanti College (KJC) Bangalore65-70
M S Ramaiah MSRIM Bangalore65-70

Top MBA Colleges in Pune Accepting XAT Score

Among the top MBA colleges in Pune accepting XAT scores for 2024 admission are BIMM, ISBM, FLAME University, NIA, and IIMS. All of these MBA programmes have a good placement rate. These top MBA institutions in Pune have XAT cut offs ranging from 60 to 90 percentile.

Top MBA Colleges in Pune Accepting XAT ScoreExpected XAT 2024 Cut off Percentile
Balaji Institute Of Modern Management (BIMM) Pune75-80
ISBM Pune: International School of Business and Media75-80
FLAME University, Pune70-75
National Insurance Academy (NIA) Pune70-75
National Institute of Bank Management (NIBM) Pune70-75
Balaji Institute of International Business (BIIB) Pune70-75
MIT School of Business (MITSOB) Pune70-75
International Institute of Management Studies (IIMS) Pune70-75
Lexicon Management Institute of Leadership and Excellence (MILE) Pune65-70
Suryadatta Institutes of Management Pune65-70

Frequently Asked Questions about Top MBA Colleges in India accepting XAT score

Q. Does any IIM accept XAT score?

Ans. Aside from Xavier School of Management, Jamshedpur, the XAT score is utilised by over 150 colleges for MBA admissions. Many top MBA Colleges in India accepting XAT scores.

Q. What are the colleges accepting XAT?

Ans. XLRI Jamshedpur ,MICA Ahmedabad, S.P. Jain, Mumbai, XIM Bhubaneshwar FORE-Delhi, GIM-Panaji, Great Lakes Chennai/Gurgaon, MT-Ghaziabad, and more are the Top MBA Colleges in India accepting XAT score.

Q. What is a good score in XAT?

Ans. The estimated XAT score necessary to achieve the various percentiles is as follows: XAT Score for 99th Percentile – 40th Percentile 95th Percentile XAT Score – 35+ XAT Score for 90th Percentile – 25 or above.

Q. Is XAT harder than CAT?

Ans. The varied subjects and parts are one of the primary variances between the CAT and XAT syllabus. The CAT test lacks a Decision Making portion and a General Knowledge section, but the XAT exam has DM and GK as separate sections. Another significant distinction is the difficulty level of the XAT vs CAT. The XAT test is thought to be a little more tough than the CAT exam.

List of Top 15 MBA Colleges in India

List of Top 15 MBA Colleges in India

List of Top 15 MBA colleges in India – Do you believe you can excel in management and administration? Have you established a GOAL? Then this essay will undoubtedly help you on your way. The following is a very important list of the top MBA colleges in India, including the top 50 MBA colleges in India, with good placements, for a two years MBA Program. Get the list of top B-Schools which accept CAT, XAT, GMAT, SNAP, TISS, NMAT, IIFT, and MAH-CET. Formfees has compiled the list of MBA colleges – Top 50 MBA colleges in India with detailed fees and placements. There are the Best MBA Colleges in India and are the top MBA colleges with a 100 percent placement record. The top 50 Business Schools in India list is given below in the article.

Top 5 MBA Colleges in India

  1. India School of Business (ISB)
  2. Faculty of Management Studies – Delhi University.
  3. SPJIMR Mumbai.
  4. XLRI Jamshedpur.
  5. MDI – Gurgaon.

The best college for MBA as per the latest NIRF ranking of MBA colleges in India is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4, and IIT-Delhi-DoMS on Number 5. The top B schools in India include 20 IIMs (IIM Ahmedabad) and other IITs and private MBA colleges.

MBA Colleges India

People Also Ask –

Q. Which is the top MBA college in India?

Ans. The top MBA college in India as per the latest NIRF rankings is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4, and IIT-Delhi-DoMS on Number 5.

Q. How can I decide which is the best college for MBA?

Ans. The candidates must keep in mind the following while choosing an MBA college – government recognition, degree/diploma, curriculum and pedagogy, infrastructure, ranking, location, fees, and placement record.

Q. Which is the No 1 MBA college in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata, and so on.

Q. Top 10 MBA colleges in India as per NIRF 2021 ?

Name of the collegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34

Q. Which MBA college has the best placement?

Ans. Top MBA Colleges in India According to the Placements

#RankName of the CollegeHighest Salary
1IIM AhmedabadINR 39.81 Lakhs
2IIM BangaloreINR 01.00 Crore
3IIM CalcuttaINR 75.00 Lakhs
4FMS DelhiINR 20.10 Lakhs

Q. Is there any entrance exam for MBA in India? Top 50 Business Schools in India

Ans. Yes, there are various entrance exams accepted by the top MBA colleges in India such as CAT, XAT, GMAT, SNAP, CMAT, MAT, NMAT, etc

The candidates must keep in mind the following while choosing a top MBA university in India– government recognition, degree/diploma, curriculum and pedagogy, infrastructure, ranking, location, fees, and placement record.

Top 50 B schools in India | Top 50 Business Schools in India

Why do MBA aspirants bother with the Top 50 MBA Colleges in India rankings? It is simply because these top MBA rankings provide a great insight into a top MBA College’s alumni, students, employment reports, and classrooms. 

Which are the best MBA Institutes in India based on placements?

Below are the top five MBA Institutes in India based on placements:

  1. IIM Ahmedabad
  2. IIM Bangalore
  3. IIM Calcutta
  4. IIM Lucknow
  5. IIT Kharagpur

Best business schools in India’s ranking assist students in selecting the best institution for their higher education. Rankings are based on data, as well as quantity and experience. Much can be learned about the Schools’ academics, experience, network, results, momentum, and trends, and it serves as a sort of check on these Business Schools. Rankings compel B-Schools to constantly improve and innovate. Most importantly, they hold business schools accountable for meeting expectations.

The page for Business and Management Courses includes a list of the top 15 MBA institutions in India. Simply provide an intense look. Make a decision as quickly as feasible. In order for you to hit the appropriate target at the right moment. So, then! Wishing you a bright career. 

Below we have also mentioned the Top 10 MBA Colleges in India | Top MBA Colleges in India with Fees | Top MBA Colleges in India with Low fees | Top Government MBA colleges in India | Top Private MBA colleges in India | Top Distance MBA colleges in India

The top MBA schools within India comprise IIM Ahmedabad, IIM Calcutta, XLRI Jamshedpur, IIM Lucknow, and IIM Indore, according to the NIRF rankings and other B-School surveys, such as India Today and The Times. The top MBA schools in India provide Regular MBA, Online in addition to Distance MBA. In India, there are 4736 most prestigious MBA colleges, of which 710 are public and 3969 are the top privately owned MBA institutions in India.

  • IIM Ahmedabad is considered to be the top MBA school located in India which is also ranked as the top college among various ranking agencies. It is followed by IIM Bangalore and IIM Calcutta.
  • IMI New Delhi, DMS IIT Delhi, and JMI Delhi are some of the most prestigious MBA colleges in Delhi according to the NIRF rankings for 2021.
  • The well-known and most prestigious MBA schools in India apart from IIM is XLRI Jamshedpur, MDI Gurgaon, IIT Delhi, IIT Bombay, etc.
  • A few of the top Bangalore MBA schools include IIM Bangalore, Christ University, Kristu Jayanti College, and many more.
  • MBA The admissions to the best MBA schools in India are granted based on the marks obtained from MBA Entrance tests like GMAT, CAT, GRE, Mat, XAT, etc., and then a GD/PI round.
  • IIT Bombay, NMIMS Mumbai, SPJIMR Mumbai, and KJ Somaiya Institute of Management are among the most prestigious colleges to study for MBA in Mumbai.
  • The typical MBA degree cost at the best MBA schools in India for a variety of MBA areas of specialization varies from INR between 50,000 and 30 Lakhs annually.
  • Amity University (Noida), OP Jindal Global University (Sonepat), and SOIL Gurgaon are among the top MBA schools in India with no entrance tests.
  • The most prestigious MBA schools in India that have low tuition include the University of Allahabad, Ranchi University, the University of Rajasthan, and many more.
  • The best Management schools in India offer attractive programs for placement with high returns. The average CTC ranges from 7 to 15 LPA and the highest CTC was 1.32 CPA by IIM Ahmedabad.
  • The best MBA schools in India Placement-wise include IIM Ahmedabad, IIM Bangalore, IIT Bombay, XLRI Jamshedpur, MDI Gurgaon, and many more.

1. Indian Institute of Management -(IIMA), Ahmedabad:

The Financial Times ranked IIMA 15th in its Masters in Management Ranking 2015. The college grade is 7.5 out of ten. IIMA provides a two-year Post-Graduate Program in Food and Agricultural Business Management (PGP-FABM), a two-year Post-Graduate Program in Management (PGPM), and a one-year Post-Graduate Program in Management for Executives (PGPX).

PGP-FABM costs are Rs.7,90,000 per year, PGPM fees are Rs.91,500 per year, and PGPX fees are Rs. 24,00,000 per year. Candidates are chosen based on their performance on the Common Admission Test (CAT), previous qualification records, and performance on the Academic Writing Test (AWT) and Personal Interview (PI). Aspirants can also take the Graduate Management Admission Test (GMAT). Details are available at www.iimahd.ernet.in/.

2. Indian Institute of Management-(IIMB), Bangalore:

The Government of India issued the National Institutional Ranking Framework (NIRF) 2016 list of the finest management institutes in India. Furthermore, it has been named the number one business school in Central Asia by Eduniversal Rankings. This institution offers 1-year Post Graduate Program(PGP), 1-year Executive Education Program(EEP), 2-year Post Graduate Program in Management(PGPM) et al.

PGP costs Rs.7,63,636, EEP costs Rs. 18.9 lakh and PGPM costs Rs.8,50,000 per year. Candidates are chosen based on their performance in the Common Admission Test, previous qualification records, and performance in the Academic Writing Test (AWT) and Personal Interview (PI). Aspirants can also take the Graduate Management Admission Test (GMAT).www.iimb.ernet.in/.

3. Indian Institute of Management- Kolkata-[IIMC], Kolkata:

The Financial Times Masters in Management rankings 2015 place IIM Calcutta 16th in its flagship program. In 2012, IIM-C was placed ninth in the Asia-Pacific area by the QS Global 200 Business Schools Report. The college provides a two-year Post Graduate Diploma program in Business Analytics and Computer Aided Management. Aspirants can also apply for admission to the two-year PG Diploma in Management (PGDM) program and the PG Program in Management for Executives (PGPX). There is also a one-year PG Program for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM) available.

PGD fees are Rs.6,80,500 per year, whereas PGPEX fees are Rs.18 lakh per year. Aspirants must obtain a higher rank in the Common Admission Test administered by IIMs in order to be admitted. All 19 IIMs in India take turns organizing CAT. For details visit https://www.iimcal.ac.in/.

4. Indian School of Business-(ISB), Hyderabad:

In the 2016 Financial Times Global MBA Rankings, ISB Hyderabad’s PG program was rated 29th in the world. It is an Indian private business school having campuses in Hyderabad and Mohali. The school provides a one-year PG diploma as well as a one-year Post-Graduate Program in Management (PGPM), a one-year Post-Graduate Program for Senior Executives (PGPMAX), and a five-year Fellow Program in Management (FPM).

The annual costs for the PG Diploma are Rs.35,14,000, the PGPM is Rs.23,53,700, and the PGPMAX is Rs.35,34,000.

For admission aspirants, the Common admission test (CAT) is administered.

 For details visit www.isb.edu/.

5. Indian Institute of Management-(IIM), Lucknow

In 2016, IIM Lucknow was ranked sixth among India’s Top Public Business Schools by Careers360. 6.9 out of 10 for college. The HRD Ministry of India has designated the institute as an Institution of Excellence. The institute provides a two-year PGP, a three-year Working Managers Programme (WMP), a three-year Executive Fellow Program in Management (EFPM), and other programs.

The annual costs for PGP are Rs.5,40,000, Rs.2,70,000 for WMP, and Rs.2,66,667 for EFPM. Aspirants take the Common Admission Test (CAT).

Details can be obtained from www.iiml.ac.in/.

6. Xavier Labour Relation Institute-(XLRI),Jamshedpur:

XLRI is consistently ranked among the Top 5 Business Schools in India. In 2015-16, it was rated fourth out of 91 Indian business schools, including private and public. 7.4 out of 10 for college. XLRI provides 4-year EFPM and FPM programs, as well as 2-year PG Diploma and 1-year PGDM programs. This institution’s graduates are placed in reputable national and worldwide corporations.

The annual fees for the PG Diploma, EFPM, and PGDM are Rs. 8,40,000, Rs. 1,75,000, and Rs. 14,00,000, respectively. Aspirants must take the Graduate Management Admission Test (GMAT). Every year, the Graduate Management Admission Council administers a test all around the world.

7. Indian Institute of Management -(IIM), Indore

In 2016, IIM Indore ranked ninth among all B-Schools and Best MBA Colleges in India. Business Today placed the institute sixth among the 50 Best Business Schools in 2012. The college grade is 6.9 out of 10. IIM-I provides a one-year Faculty Development Programme (FDP), a five-year Integrated Programme in Management (IPM), a two-year Post-Graduate Program in Management (PGPM), and a one-year Executive Post Graduate Program (EPGP).

The annual fees for PGPM, EPGP, and IPM are Rs. 6,50,000, Rs. 1800,000, and Rs. 4,40,000, respectively. Graduate Management Admission Council administers the Graduate Management Admission Test (GMAT) for admission (GMAC).

Visit www.iimidr.ac.in/ for details.

8. Lovely Professional University-(LPU), Jalandhar:

Outlook ranks LPU as one of the top 75 business schools in India, and it is India’s largest private university. Careers 360 gave it an A++ rating. The college grade is 6.7 out of 10. It provides a 2-year MBA in several streams, a 3-year Diploma in Business Administration, a B.B.A, an Integrated M.B.A, and other programs.

Candidates must take the LPU-NEST exam to be admitted to an Intergraded course (National Entrance and Scholarship Test).

It costs Rs.3,96,000 in total. The entire tuition expenses for MBA are Rs.3.18 lakhs. Candidates can get admission by taking the Graduate Management Admission Test (GMAT), which is administered by the Graduate Management Admission Council (GMAC). The Common Admission Test is also valid.

You may visit the official website for details or contact Form fees. 

9. Faculty of Management Studies-(FMS), New Delhi:

FMS was placed fourth in Careers 360’s Top Business Schools in India 2016, and fourth in Outlook 2015’s list of Indian Best Business Schools. The college grade is 6.5 out of 10. The institution provides two-year Master of Business Administration (MBA) and two-year Master of Business Administration (MBA) programs (MBA Executive). FMS also provides a two-year Ph.D. program.

MBA fees are Rs.10,000 per year, whereas MBA Executive costs are Rs.50,000 per year. The annual cost for a Ph.D. is Rs.10,840. Those seeking admission must take the Common Management Admission Test (CMAT). CMAT is an annual national-level admission test administered by the All India Council for Technical Education (AICTE). The CMAT 2017 exam will be held in the second week of January 2017.

 Details can be found in www.fms.edu/.

10. Alliance University-(AU), Bangalore:

ASBAU was ranked 29th among Top Business Schools in India by Careers360 in 2016. Alliance School of Business-Alliance University (ASBAU) provides a two-year MBA [1350000], a two-year Executive MBA (Part-Time) [650000], and a four-year Ph.D. in Management (Part-Time) [395000]. MBA, Executive MBA, and Ph.D in Management tuition costs are Rs.13,50,000, Rs.6,50,000, and Rs.3,95,000, respectively.

For admission Common Admission Test(CAT), Management Admission Test(MAT) and Common Management Admission Test(CMAT).Visit alliance.edu.in/ for details.

11. Indian Institute of Management-(IIMK), Kozhikode:

Careers360 ranks IIMK seventh among Top Public Business Schools in India in 2016. The college rating of the institution is 7.5 out of 10. During the period 1997-2007, fifteen externally financed research projects and forty minor grant research projects were accomplished. IIMK provides a two-year Post Graduate Programme in Management (PGPM), a two-year Executive Post Graduate Program (EPGP), and other programs.

The annual fees for PGPM are Rs.3,65,000 and Rs.3,75,000 for EPGP.

Admissions are made through the standard admission process based on applications collected by the IIMs’ Common Admission Test (CAT).

 For details, you may visit https://www.iimk.ac.in/

12.Jamnalal Bajaj Institute of Management Studies-( JBIMS), Mumbai:

JBIMS has been named one of India’s Top 10 Business Schools. According to the Economic Times, the institution is rated ninth in India. JBIMS provides two-year Master of Management Studies (M.M.S) programs, three-year Master of Financial Management (MFM) courses, and three-year Master of Marketing Management (MMM) courses. The MMS program is divided into various streams. Candidates can select any option based on their rank and merit.

M.M.S, MFM, and MMM have annual fees of Rs.1,01,750, Rs.51,000, and Rs.51,000, respectively.

For admission to JBIMS, aspirants must take MAHCET. The State CET Cell Commissioner is authorized to conduct the Common Entrance Test (CET).

 For details visit www.jbims.edu/.

13. Indian School of Business(IBM), Mohali:

In the 2016 Financial Times Global MBA Rankings, ISB Mohali’s Post Graduate Management program was placed 29th. It advanced four places from the 2015 ranking. 7.7 out of 10 for college. The school provides a three-year Management Programme for Family Businesses, a three-year Post-Graduate Program in Management for Senior Executives (PGPMAX), and a three-year Post-Graduate Program in Management (PGPM).

Applicants must take the Graduate Management Admission Test. Graduate Management Admission Council (GMAC) administers it internationally for admission to business schools.

Visit www.isb.edu/pgp/campuses/Mohali for details.

14. Shailesh J.Mehta School of Management-(SJMSOM), Mumbai:

In the 2015 Triumphant Institute of Management Education (T.I.M.E) Ranking, SJMSOM was placed first among India’s Top 10 Business Schools. In 2012, Eduniversal placed it third among the “Internationally Known Top B-Schools in India.” SJMSOM provides a one-year Master of Business Administration program and a two-year Master of Management Studies program. A three-year Ph.D. program is also available in a variety of fields.

MBA and Master of Management Studies tuition is Rs.24,00,000 and Rs.1,06,126 per year, respectively. The costs for a Ph.D. are Rs.24,000 each year. For admission, candidates must pass the Common Admission Test (CAT) with higher scores.

Visit www.som.iitb.ac.in/ for details.

15. National Institue of Industrial Engineering -(NITIE),Mumbai

Tier 1 Business Schools in India rank 15th. Furthermore, NITIE is ranked 10 in Outlook and 12 in India Today. The prestigious institute was previously known as the National Institute of Industrial Engineering Training. NITIE provides a two-year Fellow Programme in Management (FPM) and a two-year Post Graduate Diploma in a variety of fields. Annual fees for FPM and Post Graduate Diploma are Rs.9,000 and Rs.3,81,000, respectively.

The List of Best colleges in India for MBA, State Wise offers programs in Online MBA, Regular MBA, and Distance MBA. There are approximately 4736 top MBA institutions in India, with 710 being government MBA colleges and 3969 being top private MBA colleges.

List of Best colleges in India for MBA 

  • DoMS IIT Madras
  • SJMSOM IIT Bombay
  • IIT Kharagpur
  • IIT Kanpur
  • DMS IIT Delhi
  • IIT Roorkee
MBA colleges have a fee structure that ranges from INR 10-20 lakh. Some of these colleges are:
  • IIM Raipur
  • IIM Lucknow
  • IIM Udaipur
  • IIM Ranchi
  • IIM Indore
MBA colleges have a fee structure of more than INR 20 lakh. Some of these colleges are:
  • XLRI, Jamshedpur
  • XIM Bhubaneswar
  • IIM Ahmedabad
  • IIM Bangalore
  • IIM Calcutta
  • MDI Gurgaon

List of Best colleges in India for MBA  (Private & Government)

In India, there are around 3,000 private MBA institutions, over 500 public/government MBA colleges, and approximately 70 public-private MBA colleges.

Here is the list of top private MBA Colleges in India:

Best  Private MBA Colleges in India with Course Fee (in INR)

  • XLRI Xavier School of Management, Jamshedpur 23.60 L
  • MDI Gurgaon 21.34 L
  • Indian Institute of Foreign Trade, Delhi – 8.85 L
  • International Management Institute, Delhi – 18.34 L
  • ICFAI Business School, Hyderabad – 14.14 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

List of Best MBA colleges in India |  Top Government MBA Colleges with Course Fees (in INR)

  • 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 10 MBA Colleges in India

The top MBA colleges in India are not only ranked by popular and trusted Ranking agencies in India but are also ranked among the top MBA colleges in the world by QS World Ranking, Asia Pacific Rankings, etc. Check out the top 10 MBA colleges in India with fees:

Top 10 MBA Colleges in IndiaAverage Annual Fees(INR)
IIM Bangalore23,00,000
IIM Calcutta23,00,000
Indian School of Business (ISB)36,30,000
IIM Lucknow19,25,000
FMS Delhi96,000
SPJIMR Mumbai19,00,000
XLRI Xavier School of Management12,90,000
IIM Indore17,01,000
MDI Gurgaon – Management Development Institute9,43,000

Top MBA Colleges in India with Fees

The top MBA colleges in India for MBA courses with average annual fees between INR 50,000 – 30 Lakhs. The average MBA fees in the top IIMs in India and the top private MBA colleges in India generally range between INR 20 – 23 Lakhs annually. Tabulated below are the top MBA colleges in India with Fees structure:

College NamesMBA Fees
IIM AhmedabadINR 23,00,000
IIM LucknowINR 20,10,000
IIM IndoreINR 17,01,422
IIM UdaipurINR 21,00,000
IIM RanchiINR 17,60,000
IIT BombayINR 1,00,000
IIT MadrasINR 4,10,000
IIT KharagpurINR 1,64,558
IIT DelhiINR 10,24,000
IIT RoorkeeINR 4,28,000

Top MBA Colleges in India with Low fees

MBA fees in top MBA colleges in India are usually high which is why most students cannot afford to pursue MBA courses from the top-ranked and best MBA colleges in India. However, there are some MBA colleges in India that offer MBA courses with average low fees. Check out the table below for the top MBA colleges in India with low fees structure:

College NamesTotal MBA Fees(INR)
University of Allahabad, Allahabad24,48,00
Ranchi University, Ranchi4,700
National Institute of Rural Development and Panchayati Raj, Hyderabad2,90,000
St. Michael’s College, Cherthala9,46,000
University of Rajasthan8,770
Bhartiya Shiksha Parishad, Lucknow34,50,000
Indira Gandhi National Tribal University, Anuppur10,500
PSG College of Arts and Science, Coimbatore14,000
Central Agricultural University, Imphal5,96,000
Visvesvaraya Technological University, Belgaum11,79,200

Top IIMs in India

IIMs or Indian Institute of Management are some of the most reputed and prestigious Management colleges in India which offer several Management courses including MBA, BBA, PGDM, etc. The Top IIMs in India offer quality education, infrastructure, facilities, and high placement packages. There are around 20 IIM colleges in India, most of which are ranked among the top MBA colleges in India. Some of the top IIMs in India which are ranked by NIRF among the top MBA colleges in India are given below:

NIRF 2021 RankingCollege NameAverage Annual Fees (INR)
5Indian Institute of Technology Delhi5,12,000
8Xavier Labour Relations Institute (XLRI), Jamshedpur12,90,000
9Indian Institute of Technology Kharagpur50,000
10Indian Institute of Technology Bombay9,43,000
11Management Development Institute, Gurugram7,03,000
12National Institute of Industrial Engineering, Mumbai2,05,000
13Indian Institute of Technology Madras4,16,000
14Indian Institute of Technology Roorkee10,76,000
16Indian Institute of Technology Kanpur10,76,000
19S. P. Jain Institute of Management & Research, Mumbai10,95,000

Top Government MBA Colleges in India

The top Government MBA colleges in India include the most prestigious, premier, and top MBA colleges in India. Top Government MBA colleges in India offer good placement opportunities with high ROI and highly qualified and experienced faculty. Tabulated below are some of the top Government MBA colleges in India with fees:

College/ University NameAverage MBA Fees
IIM BangaloreINR 23,00,000
IIM IndoreINR 17,01,422
Jamia Millia Islamia, New DelhiINR 2,10,000
NITIE MumbaiINR 14,60,000
IIFT New DelhiINR 18,78,000
IIT DelhiINR 10,24,000
IIT BombayINR 1,00,000
NIT TrichyINR 2,80,000

Top Private MBA Colleges in India

In India, there are around 3969 recognized private MBA colleges. The top private MBA colleges in India provide high-quality education, facilities, infrastructure, and good placements. Check out the table below which lists some of the top private MBA colleges in India with fees structure:

College/ University NameAverage MBA Fees
Xavier Labour Relations Institute (XLRI), JamshedpurINR 26,80,000
Management Development Institute, Gurugram18,86,000
Symbiosis Institute of Business Management (SIBM), PuneINR 21,52,000
Narsee Monjee MumbaiINR 6,44,000
ISB HyderabadINR 36,30,000
S. P. Jain Institute of Management & Research, MumbaiINR 21,52,000
Great Lakes Institute of Management, ChennaiINR 19,25,000
Symbiosis Center for Management and Human Resource Development, PuneINR 19,20,000
ICFAI Foundation for Higher Education, HyderabadINR 16,02,000
Kalinga Institute of Industrial Technology – KIIT, BhubaneswarINR 11,20,000

Top 50 business schools in India List | Top 50 Business Schools in India

Top 50 Business Schools in IndiaTop Management Colleges in India“Weighted Index (Out Of 1000)
1Indian Institute Of Management, Ahmedabad915.4
Indian Institute Of Management, Kolkata908.5
Indian Institute Of Management, Bengaluru905.3
2Indian School Of Business, Hyderabad890.5
Faculty Of Management Studies, University Of Delhi, Delhi890.2
Indian Institute Of Foreign Trade (IIFT), New Delhi883.7
Indian Institute Of Management, Lucknow878
Xavier Labour Relations Institute (XLRI), Jamshedpur875.6
3S P Jain Institute Of Management And Research (SPJIMR), Mumbai867.7
Management Development Institute (MDI), Gurgaon865.3
Indian Institute Of Management, Indore854.5
Indian Institute Of Management, Kozhikode851.9
Jamnalal Bajaj Institute Of Management Studies, Mumbai850.3
4Shailesh J Mehta School Of Management, (IIT Mumbai), Mumbai841.2
Dept. Of Management Studies, (IIT Delhi), New Delhi840
Indian Institute Of Technology, (IIT) Kharagpur839.5
Symbiosis Centre For Human Resource Development (SCMHRD), Pune838.1
Mudra Insitute Of Communications (MICA), Ahmedabad834.6
5Indian Institute Of Management, Tiruchirappalli829.1
Indian Institute Of Management, Udaipur825.7
Indian Institute Of Management, Ranchi821.2
Symbiosis Institute Of Business Management, Pune816.3
Indian Institute Of Management, Rohtak812.2
Indian Institute Of Management, Raipur807.7
6NMIMS School Of Business Management, Mumbai799.9
Indian Institute Of Management, Visakhapatnam796.4
Indian Institute Of Management, Shillong796.1
Indian Institute Of Management, Kashipur795.7
Indian Institute Of Management, Nagpur793.2
Institute Of Management Technology (IMT), Ghaziabad793
International Management Institute (IMI), New Delhi790.3
7MHRM Department Of Humanities And Social Science, (IIT Kharagpur), Kharagpur785
Dept. Of Management Studies (IIT Roorkee), Roorkee784.9
University Business School (UBS), Punjab University, Chandigarh783.8
Department Of Business Economics, University of Delhi, Delhi782.8
FORE School Of Management, New Delhi775.8
Xavier Institute Of Management, Bhubaneswar773.4
Sydenham Institute Of Management (SIMSREE), Mumbai771
8Indian Institute Of Management, Jammu766.5
Indian Institute Of Management, Sambalpur764
Goa Institute Of Management (GIM), Goa762.2
Great Lakes Institute Of Management, Chennai761.2
Indian Institute Of Management, Bodh Gaya761.1
WOXSEN School Of Business, Hyderabad758.1
Management Development Institute (MDI), Murshidabad757.7
Institute Of Management Technology (IMT), Nagpur757.3
International Management Institute (IMI), Kolkata757.1
International Management Institute (IMI), Bhubaneswar755
9Atal Bihari Vajpayee-Indian Institute Of Information Technology And Management (ABV-IIITM), Gwalior749.7
National Institute Of Industrial Engineering (NITIE), Mumbai747.5
Indian Institute Of Management, Amritsar743.7
Indian Institute Of Management, Sirmaur741.8
T.A.PAI Management Institute (TAPMI), Manipal738.6
Dept. Of Management Studies, Indian Insititute Of Technology (IIT-ISM), Dhanbad735
10Institute Of Management Studies, BHU, Varanasi730.3
Symbiosis Centre For Information Technology, Pune728.2
Birla Institute Of Management Technology (BIMTECH), Greater Noida725.2
IFIM Business School/Jagdish Sheth School Of Management, Bengaluru724.8
Institute Of Management Technology (IMT), Hyderabad719.6
Loyola Institute Of Business Administration (LIBA), Chennai715.1
TAXILA BUSINESS SCHOOL, Jaipur707.8
Indian Insitute Of Social Welfare & Business Management (IISWBM), Kolkata702.8
VIT Business School, Vellore701.9
Amrita School Of Business, Coimbatore691.9
11NIRMA University (Institute Of Management), Ahmedabad690.3
Lal Bahadur Shastri Institute Of Management, New Delhi685.5
Bharati Vidyapeeth University Institute Of Management And Research (BVIMR), New Delhi684.9
CHITKARA Business School, Rajpura-Patiala684.6
Jindal Global Business School (JGBS), Sonipat681
University School Of Business (USB), Chandigarh University, Mohali679.5
12Institute Of Public Enterprise, Hyderabad675.3
Institute Of Management And Entrepreneurship Development (IMED), Pune673.5
Bharath Institute Of Higher Education And Research (BIHER), Chennai671.1
ICFAI Business School(IBS), Hyderabad669.1
Amity Global Business School, Noida668.7
Jaipuria Institute Of Management, Noida662.4
Institute Of Rural Management, Anand662.1
13KIIT University-School Of Management, Bhubaneswar661.4
Dr. MGR Educational And Research Institute, Chennai661
14AIMS Institute, Bengaluru660.7
SDM Institute For Management Development (SDMIMD), Mysuru658.9
15Manipal Institute Of Management/Manipal University, Manipal658.6
16Meenakshi Academy Of Higher Education And Research (MAHER), Chennai655.1
ABBS School Of Management, Bengaluru655.1
17REVA University(School Of Management Studies), Bengaluru654.3
18International School Of Business And Media, Pune654.2
Institute Of Management Studies (IMS), Ghaziabad651.1
19Institute For Technology And Management, Mumbai650.5
20Indian Institute Of Forest Management, Bhopal649.7
School Of Management And Entrepreneurship, Shiv Nadar University, Greater Noida647
21PES University, Bengaluru646.3
Symbiosis Institute Of Management Studies (SIMS), Pune642.3
22Jagan Institute Of Management Studies (JIMS), Rohini/Delhi633.7
MIT School Of Business, Pune628.4
23Army Institute Of Management, Kolkata627.7
Justice KS Hegde Institute Of Management, NITTE/ Udupi625.4
24K.J. Somaiya Institute Of Management Studies & Research, Mumbai622.2
Symbiosis Institute Of Business Management, Bengaluru621.1
25RV Institute Of Management, Bengaluru617.5
26Welingkar Institute Of Management Development & Research, Mumbai617.1
27Xavier Institute Of Social Services (XISS), Ranchi614.2
Vidyavardhaka College Of Engineering (Dept. Of Management), Mysuru613.1
28Eastern Institute For Integrated Learning In Management (EIILM), Kolkata609.2
Xavier Institute Of Management & Entrepreneurship (XIME), Bengaluru607
29Chandragupt Institute Of Management (CIMP), Patna600.8
GIBS Business School, Bengaluru595.1
Bharathidasan Institute Of Management, Tiruchirappalli592.3
30Training And Advanced Studies In Management (TASMAC), Pune588.7
31CMR Institute Of Management Studies, Bengaluru585.4
SCMS Cochin School Of Business, Kochi585.3
32ASM’s Institute Of Business Management & Research Centre, Pune584.3
33Prestige Institute Of Management And Research, Indore583
34Christ University, Institute Of Management, Bengaluru582
35ICFAI Business School (IBS), Dehradun577.6
36Mittal School Of Business, LPU (Jalandhar)575
37SDM PG Centre For Management Studies And Research, Mangaluru573.8
Global Business School And Research Centre, Bengaluru573.4
38Rajagiri Centre For Business Studies, Kochi572.1
Indore Management Institute (IMI), Indore570.3
39MyRA School Of Business, Mysuru566.4
Symbiosis Institute Of Operations Management, Nashik557.6
40Presidency University, Bengaluru555.8
Dayananda Sagar University (School Of Commerce & Management), Bengaluru553.8
41KLE Technological University (School Of Management Studies And Research), Hubli551.3
ITM University Gwalior545.8
42Faculty Of Management Studies (Manav Rachna Institute Of Research And Studies), Faridabad544.9
Indus Business Academy (IBA), Bengaluru544.3
43Symbiosis Institute Of Business Management, Hyderabad543
St. Joseph’s Institute Of Management, Bengaluru522.8
44Kirloskar Institute Of Advanced Management Studies, Pune522.8
Institute Of Management Studies, Noida522.5
45KLS Institute Of Management Education And Research, Belgaum521.8
JSS Centre For Management Studies, Mysuru518.3
46JK Business School, Gurugram513.1
PSG Institute Of Management, Coimbatore503.4
47Indira School Of Business Studies, Pune502.9
Apeejay School Of Management, New Delhi502.9
48Ramaiah Institute Of Management Studies, Bengaluru500.7
Suryadatta Institute Of Management And Mass Communication, Pune499.3
49Gitam School Of International Business, Visakhapatnam498
G H Raisoni School Of Business Management, Nagpur485.9
50G.L. Bajaj Institute Of Management And Research, Greater Noida459.8
Mody University Of Science And Technology (School Of Mgmt Studies), Lakshmangarh457.1

Frequently Asked Questions

Q. Where is the best business school in India?

Ans. Top 50 Business Schools in India as per IIRF 2020, the list is given above in the article. 

Cluster RankBusiness SchoolCity
1Indian Institute of ManagementBangalore
2Faculty of Management Studies, University of DelhiDelhi
Indian School of Business (ISB)Hyderabad
IIFTNew Delhi

Q. Which is the No 1 MBA college in India? 

Ans. Top 50 Business Schools in India

IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, and XLRI MDI Gurgaon to name a few.

Q. Which institute is best for MBA in India?

Ans. Top 50 Business Schools in India

IIM Bangalore is ranked No 1 B-school in India. IIM Ahmedabad and IIM Calcutta are ranked No 2 & 3 respectively. In spite of stiff competition from IIMs, Top PGDM B-schools XLRI, SPJIMR, MDI, NMIMS, IMT, and IMI have held on to their leadership.

Q. Which is the cheapest IIM in India?

Ans. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. Ahmedabad, the most expensive of the country’s eight IIMs, charges.

Q. Is IIM better than ISB? 

Ans. According to FT rankings for Business Schools 2022, in terms of percentage of International Faculty, ISB scores 13 percent, IIMB scores 8 percent, IIMA scores 2 percent, and IIMC 3 percent. The International mobility rank of ISB in FT rankings 2022 is 88, IIMB ranks at 82, IIMA ranks at 72, and IIMC ranks at 89.

Q. Which ranking is best for MBA?

Ans. Top 50 Business Schools in India

Rankings Full-time MBA Ranking 2021

RankBusiness SchoolBand Overall
1IESE Business SchoolA
2HEC Paris Business SchoolA
3University of Michigan – Stephen M. Ross School of BusinessA
4New York University – Leonard N Stern School of BusinessA

Q. Why IIM fees is so high?

Ans. Although IIMs are government institutes, most IIMs are self-reliant and do not depend on the government for funding. Hence to attract quality professors they need to charge a higher fee

Related Videos

Top 30 MBA Colleges in India

Top 30 MBA Colleges in India – are you looking to get into the Top 30 MBA Colleges in India that can guarantee you a better future? Then read the article below which can help you get into some of the Best MBA colleges in India with Placement and you can also check the previous year’s data about the MBA Colleges in India.

Top 30 MBA Colleges in India 2023 Quick Question – (Private) & (Govt.). 

Q. What are the Top 5 MBA Colleges in India in 2023? 

Ans. Some of the Top 5 MBA colleges in India, along with some of the Top MBA colleges in India (Private) are given below – 

Top 5 MBA colleges in India List –

  1. IIM Ahmedabad
  2. IIM Bengaluru
  3. IIM Kolkata 
  4. IIM Lucknow
  5. Faculty of Management Studies, University of Delhi, is Top 5 MBA colleges in India (Govt.). 

Some of the Top MBA colleges in India (Private) 

XLRI Jamshedpur

XLRI Jamshedpur

Approvals & Accreditation – AICTE, AIU, GOI Location – Jamshedpur, Jharkhand
Course

PGDM

Fees

25 Lakhs

MDI Gurgaon

MDI Gurgaon

Approvals & Accreditation – AICTE Location – Gurgaon, Haryana
Course

PGDM

Fees

24 Lakhs

Symbiosis Institute of Business Management (SIBM) Pune

Symbiosis Institute of Business Management (SIBM) Pune

Approvals & Accreditation – AICTE, SIU Pune Location – Pune, Maharastra
Course

MBA

Fees

24 Lakhs

SP Jain Mumbai

SP Jain Mumbai

Approvals & Accreditation – AICTE, NBA, AACSB, AMBA Location – Mumbai, Maharastra
Course

PGDM

Fees

20 Lakhs

Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune

Symbiosis Centre For Management And Human Resource Development (SCMHRD) Pune

Approvals & Accreditation – SIU Pune Location – Pune, Maharastra
Course

MBA

Fees

20 Lakhs

Some insights about MBA In India – Top 30 MBA Colleges in India 2023 

If they take the correct route and get the proper guidance, MBA students from the Best MBA Colleges in India may be certain that their future will be bright. The most popular professional program in India is reportedly the MBA!

For management students who desire to launch their careers as managers in top MNCs or as entrepreneurs, the best professional program is available. Graduates from any field—science, business, or the humanities—can choose to pursue an MBA. The candidate is qualified for well-paying employment and top positions with global leaders in brands after completing this course.

It might be difficult to secure a seat at the best B-Schools due to the strong demand for the MBA program. There are countless B-Schools, but do you know why it is important to enrol in one of India’s top MBA programs? The reason is that they are renowned for providing the best industry exposure, improving students’ academic records of excellence, acquiring faculty knowledge, and excellent infrastructure, providing high-quality instruction, and providing excellent internship and placement opportunities with leading companies.

Top 30 MBA Colleges in India 2023 Course Offered

MBA is itself known to be a course of education! Students get the golden chance to do an MBA. There are varied specializations that they can pursue in the 2nd year of an MBA, as in the first year, all the common subjects are there. So, let’s check out various specializations a student can go for while opting for an MBA.

Top 30 MBA Colleges in India 2023 – MBA students might choose a speciality based on their abilities. An MBA in Marketing, for instance, is ideal if a candidate is skilled at marketing and wants to improve their marketing skills. Since each candidate has a unique set of skills, they may choose the speciality that best suits them.

In 2nd year of their MBA degree, the students have the option to choose a Major and Minor discipline. One may choose to major in marketing and minor in international business management, for instance. Depending on your abilities, you may select between major and minor specializations. There is a possibility to choose between two major concentrations in certain MBA institutions. Top MBA institutions in India provide dual-specialization MBA programs in this fashion.

What are the types of MBA Courses? Top 30 MBA Colleges in India 2023 –

There are various approaches for an aspirant who is enthusiastic about earning an MBA to make their dream a reality. All of the following degrees have varying weights and effects on your career. Check out the options to see which you prefer. The following sorts of MBA programs are available to students at major private and public colleges in India.

Top 30 MBA Colleges in India 2023 –  Eligibility Criteria

  1. There are several MBA programs, each with its own qualifying requirements. The eligibility for a full-time MBA program is described here.
  2. The candidate must be a graduate of a reputable institution with a degree in any subject matter.
  3. The candidate’s graduation grade must be at least 50%.
  4. In India, students from the ST, SC, and OBC categories are admitted to MBA programs provided they get at least 45% in their undergraduate degree.
  5. Professionals from a variety of fields may pursue an MBA, including those who have earned their CS, CA, or ICWA degrees.
  6. Any graduate candidate who can demonstrate that they will graduate within the specified time limit will be admitted to a full-time MBA program.
  7. Those who want to enrol in the top MBA programs in India must meet the requirements listed above.

Top 30 MBA Colleges in India 2023 

The top MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, IIM Kozhikode, IIM Lucknow, and IIM Indore, according to the MHRD-NIRF rankings for the year 2022. Approximately 71 of the top MBA colleges in India are private, while 46 are public/government owned.

Here is the list of Top 30 MBA Colleges in India 2023 

1Indian Institute of Management, (IIM) Ahmedabad
2Indian Institute of Management, (IIM) Bengaluru
3Indian Institute of Management, (IIM) Kolkata 
4Indian Institute of Management, (IIM) Lucknow 
5Faculty of Management Studies, University of Delhi, Delhi 
6Indian Institute of Management, (IIM) Kozhikode 
7National Institute of Industrial Engineering (NITIE), Mumbai
8Shailesh J Mehta School of Management, Indian Institute of Technology (IIT), Mumbai
9Indian Institute of Foreign Trade (IIFT), New Delhi 
10Jamnalal Bajaj Institute of Management Studies, Mumbai 
11Atal Bihari Vajpayee-Indian Institute of Information Technology And Management (ABV-IIITM), Gwalior
12Indian Institute of Management, Indore
13Vinod Gupta School of Management, Indian Institute of Technology (IIT), Kharagpur
14Dept. of Management Studies, Indian Institute of Technology (IIT), New Delhi 
15Department of Management Studies, Indian Institute of Technology, Chennai
16Indian Institute of Management, Udaipur
17Indian Institute of Management, Tiruchirappalli
18Indian Institute of Management, Raipur
19Indian Institute of Management, Ranchi
20MHRM Department of Humanities and Social Science, Indian Institute of Technology (IIT), Kharagpur
21Indian Institute of Management, Rohtak 
22Indian Institute of Management, Nagpur
23University Business School (UBS), Panjab University, Chandigarh
24Institute of Management Studies (BHU), Varanasi
25Sydenham Institute of Management Studies, Research And Entrepreneurship Education (SIMSREE), Mumbai
26Department of Business Economics, Delhi University, Delhi
27Dept. of Management Studies, Indian Institute of Technology (IIT), Roorkee
28Indian Institute of Management, Kashipur
29Indian Institute of Management, Visakhapatnam
30Indian Institute of Management, Shillong

People Also Ask –

Q. Which are the top MBA colleges in India?

Ans. Some of the top MBA colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more.

Q. How much does MBA in India cost?

Ans. The Average Tuition fee for the top MBA colleges in India is approx. INR 10,68,413.

Q. Which is the top MBA college in India?

Ans. The top MBA college in India as per the latest NIRF rankings is IIM Ahmedabad.

It is followed by IIM Bangalore at No. 2, IIM Calcutta at No. 3, IIM Lucknow at No. 4, and IIT-Delhi-DoMS at No. 5.

Q. Between a private and a government MBA college, which is better?

Ans. Any MBA college which is UGC-recognized and AICTE-approved is good because they offer the latest curriculum. However, between private and government colleges, it is up to the candidate to decide which MBA college to choose. While private institutions have better infrastructure, government institutions provide you with vast exposure and the brand name of the college.

Management aspirants strive to get into a top B-School of their choice. Unfortunately, things don’t always go as planned. Candidates must remain positive despite such setbacks. Numerous MBA colleges in India offer world-class management education and excellent placement opportunities. In case you are not able to get into your preferred institute, start looking for the next best option. There are over 3,500 MBA colleges in India, so choosing the right one can be a difficult task, Tier 2 colleges in India are also worth considering in addition to Tier 1 institutions that are highly ranked in India.

India’s tier 2 colleges are equipped with modern infrastructure. Some are budget-friendly and offer excellent faculty and placement cells. Many private tier 2 MBA schools also offer exchange programs with international universities. These institutes also rank among the top 50 in the MBA institute ranking. They select applicants based on common entrance exams such as CAT and XAT, CMAT, SNAP, and MAT. Candidates do not need to take a separate exam.

Many students confuse the two meanings of applying for an exam or applying to a B-School. There is a big difference.

You automatically apply for colleges by applying for exams such as CAT for IIMs or IIFT for its name, XAT to XLRI, and so on.

You can also apply to private institutions that accept CAT/GMAT scores. However, these applications are very different. These institutes have a different application process than CAT and XAT. There are many things to consider, such as different deadlines, fees, or programs to apply for.

This blog article will focus on the top MBA colleges in India. It won’t go into detail about cut-offs, fees, etc. Below is a list of colleges as well as a brief note about how to choose colleges to apply.

We have compiled information on the Top MBA Colleges in India, including IIM Ahmedabad and IIM Bangalore as well as IIM Calcutta and IIM Kozhikode according to the MHRD NIRF rankings 2021. Other top B-Schools include XLRI Jamshedpur and MDI Gurgaon. IMI, SPJIMR, and IMT are also among the top MBA colleges in India, according to the NIRF rankings.

A few colleges are ranked among the top MBA schools in India. The Asia-Pacific B-Schools Ranking 2021 by Bloomberg Businessweek ranked the ISB in fifth place, while IIM Bangalore was ranked sixth.

Top 10 MBA Colleges in India 2023 – as per the NIRF Ranking some of the major institutions such as IIM Ahmedabad, IIM Calcutta, IIM Lucknow,  IIM Bengaluru, Faculty of Management Studies, University of Delhi, and Indian Institute of Management (IIM) Kozhikode are some of the Top 10 MBA Colleges in India (Govt.). 

And Some of the Top 10 MBA Colleges in India (Private) consist of institutes like XLRI Jamshedpur, MDI Gurgaon, Symbiosis Institute of Business Management Pune, which are ranked highly in Top 10 MBA Colleges in India (Pvt.) 2023.

Top 10 MBA Colleges in India

See the whole list of the Top 10 MBA Colleges in India, as well as the Top 50 MBA Colleges in India along with details like eligibility, admission procedure, etc. Learn about the requirements, admission, courses, and jobs.

Top 10 MBA Colleges in India that includes both Private & Government Colleges – 

 Top 5 MBA colleges in India (Govt.)

  1. IIM Ahmedabad 
  2. IIM Bengaluru
  3. IIM Kolkata
  4. IIM Lucknow
  5. Faculty of Management Studies

Some of the Top 5 MBA colleges in India (Private) 

  1. Xavier Labour Relations Institute (XLRI) Jamshedpur, 
  2. Management Development Institute (MDI) Gurgaon, 
  3. Symbiosis Institute of Business Management Pune, 
  4. S P Jain Institute of Management & Research (SPJIMR) Mumbai, 
  5. Symbiosis Centre For Management & Human Resource Development (SCMHRD) Pune 

Because of the high demand for MBA programs, getting accepted into the Top 10 MBA Colleges in India in 2023 may be challenging. Several business schools exist, but are you aware of the importance of gaining admission to one of the Top 10 MBA Colleges in India in 2023? 

They are well known for providing students with the best industry experience, enhancing academic excellence records, accumulating faculty expertise, providing good infrastructure, quality education, internships, and incredible placement opportunities for students at the Top 10 MBA Colleges in India. In addition, they are recognized for delivering exceptional learning opportunities.

Top 10 MBA Colleges in India 2023 – Course Overview

As the CAT Registration 2023 has begun students are looking to get into the Top 10 MBA Colleges in India and we are here to help you provide all the necessary details regarding the same. 

The MBA program is well-recognized as an educational program. Students are afforded the valuable opportunity to pursue a Master of Business Administration (MBA) degree. In the second year of an MBA program, students have the opportunity to pursue several specialities. This is due to the fact that the first year of the program often covers foundational areas that are similar to all students. Let us now explore the several areas of speciality that students might pursue when selecting an MBA program.

Finance ManagementInformation TechnologyMarketing Management
Healthcare ManagementRural DevelopmentHuman Resource Management
Leadership ManagementEntrepreneurshipCorporate Social Responsibility (CSR Management)
Operations ManagementInternational Business ManagementStrategy Management
Operations ManagementAgriculture ManagementDairy Management
Retail ManagementLogistics and Supply Chain Management

Now let’s look into the Top 10 MBA Colleges in India, students must consider the eligibility criteria as well below applying for the colleges – 

Gaining admission to a Top 10 MBA College in India is not as easy as it seems. The task presents a significant level of difficulty. 

Candidates are required to undergo comprehensive entrance examinations that assess their proficiency in several domains, including general knowledge, analytical abilities, numerical aptitude, English language proficiency, communication skills, and subject-specific competence. 

Admissions to the majority of Top 10 MBA Colleges in India are often determined by the evaluation of performance in diverse entrance examinations. The examination is a formidable challenge, necessitating the utmost dedication and commitment in order to secure admission to India’s most prestigious MBA institutions, renowned for their exceptional placement records. Let us examine the leading MBA admission examinations.

MBA Eligibility Criteria

  1. The qualifying criteria for various types of MBAs varied. We discuss the Eligibility Criteria for a Full-time MBA program in this section.
  2. The candidate must have a bachelor’s degree in any topic or field from a reputable university.
  3. The candidate must have a graduating grade point average of at least 50%.
  4. Students from the ST/SC/OBC categories in India are admitted to MBA programs if they have at least 45% in their degree.
  5. MBA programs are open to professionals from all disciplines, including those who have finished their CS, CA, or ICWA.
  6. Any graduate applicant can be admitted to a full-time MBA program if they provide sufficient documentation that they will graduate within the specified time limit.
  7. Students who want to be admitted to the finest MBA institutions in India must meet the qualifying requirements listed above.

Top MBA Entrance Exams

  • Common Admission Test (CAT)
  • Common Management Admission Test (CMAT)
  • Symbiosis National Aptitude Test (SNAP)
  • Indian Institute of Foreign Trade (IIFT)
  • Xavier Aptitude Test (XAT)
  • Management Aptitude Test (MAT)
  • NMIMS Management Aptitude Test (NMAT)
  • AIMS Test for Management Admissions (ATMA)
  • Graduate Management Admission Test (GMAT)

Top 10 MBA Colleges in India 2023 (Govt.)

S.NoName of the college
1Indian Institute of Management, IIM – Ahmedabad
2Indian Institute of Management, IIM – Bengaluru
3Indian Institute of Management, IIM – Calcutta
4Indian Institute of Management, IIM – Lucknow
5Faculty of Management Studies, University of Delhi, Delhi
6Indian Institute of Management, IIM – Kozhikode
7National Institute of Industrial Engineering NITIE – Mumbai
8Shailesh J Mehta School of Management, Indian Institute of Technology IIT – Mumbai
9Indian Institute of Foreign Trade IIFT – New Delhi
10Jamnalal Bajaj Institute of Management Studies, Mumbai

Top 10 MBA Colleges in India 2023 (Private)

S.NoName of the college
1Xavier Labour Relations Institute (XLRI), Jamshedpur
2Management Development Institute (MDI), Gurgaon
3Symbiosis Institute of Business Management, Pune
4S P Jain Institute of Management & Research (SPJIMR), Mumbai
5Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune
6Institute of Management Technology (IMT), Ghaziabad
7T A Pai Management Institute (TAPMI), Manipal
8MICA, Ahmedabad
9NMIMS School of Business Management, Mumbai
10Xavier Institute of Management, XIM University, Bhubaneswar

Top MBA Colleges in India with NIRF Ranking 2022

Every year, the NIRF rankings are issued in line with the framework’s yearly statistics. Rankings and ratings are based on five factors: graduation rate, research and professional practices, teaching and learning resources, and overall impression of the school.

The Top 10 MBA colleges in India ranked by NIRF 2022:

College NameNIRF 2022
Indian Institute of Management, (IIM) Ahmedabad1
Indian Institute of Management, (IIM) Bangalore2
Indian Institute of Management, (IIM) Calcutta3
Indian Institute of Technology, (IIT) Delhi4
Indian Institute of Management, (IIM) Kozhikode5
Indian Institute of Management, (IIM) Lucknow6
Indian Institute of Management, (IIM) Indore7
Xavier School of Management (XLRI)8
National Institute of Industrial Engineering, (NITIE) Mumbai9
Indian Institute of Technology, (IIT) Madras10
IIM Ahmedabad

Indian Institute of Management Ahmedabad

Approvals & Accreditation – MHRD. Location – Ahmedabad, Gujarat
Course

MBA

Fees

24.6 Lakhs

IIM Bangalore

Indian Institute of Management Bangalore

Approvals & Accreditation – EQUIS . Location – Bangalore
Course

MBA

Fees

24.5 Lakhs

IIM Calcutta

Indian Institute of Management Calcutta

Approvals & Accreditation – AACSB, EQUIS, AMBA . Location – Calcutta, West Bengal
Course

MBA

Fees

27 Lakhs

IIT Delhi

Indian Institute of Technology Delhi

Approvals & Accreditation – Location – Delhi
Course

MBA

Fees

11.2 Lakhs

While considering the Top 10 MBA Colleges in India,  IIMs are often the first to spring to mind. Several more MBA colleges have made it into the top MBA colleges in India in 2023 as a consequence of changes in the environment throughout the years. 

The Top 10 MBA Colleges in India 2023 include the Indian Institutes of Management (IIMs), XLRI, the Indian Institute of Technology (IIT), the Indian School of Business (ISB), SPJIMR, FMS Delhi University, MDI, and IMT. A list of the top 50 MBA colleges in India is presented in this article.

If you want to get an MBA or Master of Business Administration at one of the Top 10 MBA Colleges in India in 2023, you have a variety of choices to choose from. The amount of information available online about the top business schools in India may be overwhelming. 

To help you decide wisely on your professional future, we have put together a table that lists the top 50 MBA colleges in India, along with facts about their flagship programs, tuition prices, admissions requirements, NIRF rankings, and average salaries for MBA graduates.

Top MBA Colleges in India 2023 – Top 50 MBA Colleges in 2023

We have selected the Top MBA Colleges in India in 2023 based on post-MBA income. The Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many more are among the best MBA Colleges in India. The following is a list of the top 50 MBA colleges in India in 2023 \ Top MBA Colleges in India 2023:

Sr.noNIRF 2022 RankingTop MBA Colleges in IndiaProgramFees(Domestic)Accepted Exam
13IIM CalcuttaPGP24,00,000CAT/GMAT
2NAIndian School of Business (ISB)PGP41,98,000GMAT/GRE
32IIM BangalorePGP24,50,000CAT/GMAT
41IIM AhmedabadPGP23,00,000CAT/GMAT
5NAFMS DelhiMBA20,960GMAT/CAT
621SPJIMR MumbaiPGDM20,42,000GMAT/CAT/XAT
76IIM LucknowPGP19,25,000CAT/GMAT
88XLRI Xavier School of ManagementPGDM (Business Management)23,60,000XAT/GMAT/CAT
95IIM KozhikodePGP20,50,000CAT/GMAT
10NAJBIMSMMS6,00,500MAH CET/CAT/CMAT
1111IIT Bombay – Shailesh J Mehta School of Management MumbaiMBA9,06,400CAT
1224Indian Institute of Foreign Trade (IIFT Delhi)MBA in International Business21,77,314IIFT/ GMAT
137IIM IndorePGP21,14,222CAT/GMAT
1413MDI Gurgoan – Management Development InstitutePGDM28,16,200CAT/GMAT
1526IIM ShillongPGP14,60,000CAT/GMAT
1625Pravin Dalal School of Entrepreneurship and Family Business Management
(NMIMS)
MBA17,50,000NMAT/GRE/GMAT
179National Institute of Industrial EngineeringPGDM14,63,000CAT
184DMS IIT DelhiMBA10,40,000CAT
1917Symbiosis Institute of Business ManagementSIBM21,27,950SNAP
2012IIT KharagpurMBA11,59,760CAT/GMAT
2142MICA AhmedabadMBA1,25,000CAT/XAT/GMAT
2222IIM UdaipurMBA17,90,000CAT
2314IIM RaipurPGP15,49,360CAT
2435Xavier Institute of ManagementMBA-BM19,90,000XAT/GMAT/CAT/x-GMAT/NMAT
2544IMT GhaziabadPGDM19,53,000CAT/GMAT/XAT
2618IIM TrichyPGP18,00,000CAT
2710DoMS IIT MadrasMBA9,14,000CAT
2820IIT KanpurMBA10,97,600CAT
2915IIM RanchiPGDM15,30,000CAT
3030IMI Delhi – International Management InstitutePGDM20,19,060CAT/GMAT
3123IIM KashipurMBA17,30,000CAT
3243IIM NagpurPGP18,00,000CAT
3333Indian Institute of Management VisakhapatnamMBA16,79,920CAT
3460FORE School of ManagementPGDM16,98,000CAT/XAT/GMAT
3516IIM RohtakPGP16,10,000CAT/ GMAT
3636IIM Jammu – Indian Institute of ManagementMBA17,15,000CAT
3769IIM Sirmaur – Indian Institute of ManagementMBA15,75,000CAT
3855IIM Amritsar MBA13,20,000CAT
3966IIM Sambalpur – Indian Institute of ManagementPGP13,03,000CAT
4031Great Lakes Institute of ManagementPGDM18,75,000CAT/GMAT/XAT/CMAT
4138TAPMI Manipal – T A Pai Management InstitutePGDM16,50,000CAT/XAT/GMAT
4268Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning CenterPGDM13,00,000CAT/MAT/XAT/CMAT/ATMA
4336GIM – Goa Institute of ManagementPGDM18,31,200CAT/XAT/GMAT/CMAT
4451Jaipuria Institute of ManagementPGDM11,25,000CAT/ MAT/ XAT/ CMAT/ GMAT
4558IRMA – Institute of Rural Management AnandPGDRM10,10,000CAT/XAT/IRMASAT
46NALBSIM – Lal Bahadur Shastri Institute of ManagementPGDM13,90,000GMAT/CAT
4776-100LIBA – Loyola Institute of Business AdministrationPGDM16,99,500CAT/XAT
4819IIT Roorkee – Indian Institute of TechnologyMBA16,80,000CAT
4945Institute of Management Nirma UniversityMBA10,04,000CAT
5059IMI Kolkata – International Management InstitutionPGDM13,00,000        CAT/XAT/GMAT

TOP B-Schools in India

IIM Ahmedabad and IIM Bangalore were ranked amongst the top 50 institutions in the most recent Financial Times Masters in Management (MiM), Rankings 2021 MBA in India. IIM Ahmedabad was ranked 26th, SPJIMR was ranked 39th, and IIM Bangalore was ranked 47th. Find out more about MBA rankings in India and the top MBA colleges.

Top MBA Colleges in India: Highlights

ParametersParticulars/ Statistics
No. of MBA Colleges in India5,000 (Approximately)
Fees– Annual fee < Rs 10 lakh: 6%
– Annual fee >Rs 10 lakh: 94%
Top SpecialisationsGeneral Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism
Admission ProcessEntrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP
Top MBA Colleges in IndiaIIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc.

Two-year MBA programs are a great way to get into a variety of entrepreneurial and job opportunities. This program provides essential knowledge and training in operations and business administration that is necessary for the management of an organization. As well as developing communication skills and leadership qualities, the MBA program also helps to develop leadership qualities.

MBA is open to students from all backgrounds, including Commerce, Science, and Humanities. Full-time MBAs are the most popular. They include theory classes, practical projects, and internships. A full-time MBA is available to both fresh graduates and candidates with some work experience. Over 5,000 Indian MBA colleges offer this course in various specializations. Some schools offer an MBA degree, while others offer a PG diploma (PGDM/PGPM).

MBA Colleges in India Eligibility Criteria

MBA students must have graduated from an accredited university. However, for niche specializations, the minimum score may be different.

  • As a minimum requirement for a full-time MBA, candidates must have graduated in any discipline or equivalent from an accredited university.
  • The AICTE stipulates that most institutes must meet the minimum score requirements for graduation. Students from reserved categories are eligible for 5 % relaxation and 50 % aggregate.
  • Professional degree holders, such as MBBS/CA/CS/ICWAI, etc. You may also be eligible to pursue an MBA

Top 30 MBA Colleges in India 2020-2021

“Which college is best for MBA in India?” is the question that comes to the mind of all management aspirants. Before enrolling in an institution, students must research the college and read through the reviews provided by passed-out students, research reviews from the internet, and choose wisely, as it is an important factor that will shape their future. The top MBA colleges in India with the ranking score is given in the following table:

SI.NoName of the CollegeCity and StateScore
1Indian Institute of Management – IIM AhmedabadAhmedabad, Gujarat83.69
2Indian Institute of Management – IIM BangaloreBengaluru, Karnataka83.48
3Indian Institute of Management – IIM CalcuttaKolkata, West Bengal80.04
4IIM Kozhikode – Indian Institute of ManagementKozhikode, Kerala73.34
5Department of Management Studies, IIT DelhiNew Delhi, Delhi72.15
6IIM Indore – Indian Institute of ManagementIndore, Madhya Pradesh71.1
7IIM Lucknow – Indian Institute of ManagementLucknow, Uttar Pradesh71.02
8XLRI Xavier School of ManagementJamshedpur, Jharkhand69.93
9IIT KharagpurKharagpur, West Bengal69.5
10Indian Institute of Technology, BombayMumbai, Maharashtra68.08
11Management Development InstituteGurugram, Haryana67.59
12National Institute of Industrial Engineering, MumbaiMumbai, Maharashtra64.52
13Indian Institute of Technology, MadrasChennai, Tamil Nadu64.32
14Indian Institute of Technology, RoorkeeRoorkee, Uttarakhand63.79
15Indian Institute of Management, RaipurRaipur, Chhattisgarh62.12
16Indian Institute of Technology, KanpurKanpur, Uttar Pradesh61.31
17Indian Institute of Management – IIM TiruchirappalliTiruchirappalli, Tamil Nadu61.1
18Indian Institute of Management, UdaipurUdaipur, Rajasthan60.94
19S. P. Jain Institute of Management & ResearchMumbai, Maharashtra58.73
20Symbiosis Institute of Business ManagementPune, Maharashtra58.64
21Indian Institute of Management, RanchiRanchi, Jharkhand58.26
22SVKM’s Narsee Monjee Institute of Management StudiesMumbai, Maharashtra57.53
23Indian Institute of Management, ShillongShillong, Meghalaya56.87
24Great Lakes Institute of ManagementChennai, Tamil Nadu56.75
25Indian Institute of Foreign TradeNew Delhi, Delhi56.59
26International Management InstituteNew Delhi, Delhi56.26
27ICFAI Foundation for Higher EducationHyderabad, Telangana55.82
28Indian Institute of Management, RohtakRohtak, Haryana55.4
29Amity UniversityGautam Budh Nagar, Uttar Pradesh55.09
30Indian School of MinesDhanbad, Jharkhand54.54

Entrance Exams for Top MBA Colleges in India

All qualified candidates will need to compete for admission at the top MBA colleges based on their scores in the various MBA entrance exams. The majority of top MBA colleges accept CAT scores, which is why it attracts the most applicants. These are some of the most sought-after management entrance exams in India.

List of Top MBA Specializations in India

Below is a list of the top MBA specializations, which includes those offered by IIM and other top MBA schools. There are many factors that go into choosing the right MBA specialization. These factors are discussed below. You can also decide which MBA specialization is right for you based on your interests and capabilities.

Sr NoMBA SpecializationType of SpecializationExample
1MBA in FinanceFunctionalIIM Kozhikode, JBIMS Mumbai
2MBA in MarketingFunctionalTAPMI Manipal
3MBA in Human Resource ManagementFunctionalXLRI Jamshedpur, IIM Indore
4MBA in International BusinessFunctionalIIFT Delhi, Kolkata; MDI Gurgaon
5MBA in Logistics & Supply Chain ManagementFunctionalUPES Dehradun; LBSIM New Delhi

Top MBA Colleges in India Placement Wise

One of the factors looked at by students is the placement offered by the MBA colleges in India. It is also an important factor that is kept in mind while considering admissions. The top MBA colleges in India have good placement statistics. Students can also look at the top 10 MBA colleges in India as per their placement statistics. The details are given in the table below

Top MBA Colleges in India: Placement Statistics

Name of the collegeMedian SalaryTop Recruiters coming to the college
Indian Institute of Management, BangaloreRs 28.60 LPA (Source: IIM Bangalore placement report)Urban Clap

Aditya Birla Group

Google

JP Morgan

Asian paints

American Express
Indian Institute of Management, CalcuttaRs 27.67 LPA (Source: IIM Kolkata placement report)Dabur

Whirlpool

Nokia

Dell

Oracle

Viacom 18
Indian Institute of Management, AhmedabadRs 25 LPA (source: IIM Ahmedabad placement report 2020)Airtel

Accenture

Grofers

Flipkart

Microsoft

HSBC
Indian Institute of Management, LucknowRs 23.5 LPA (Source: IIM Lucknow placement report)Axis Bank

eBay

Coca-cola

Yahoo

Cadbury

Godrej
Indian Institute of Technology, Kharagpur17.12 LPA (Source: VGSOM Placement Report)UBS

VISA

Facebook

EXL Services

Linkedin

Morgan Stanley

Top 10 MBA Colleges in India with Fee Structure

This is an important factor that plays a role in the choice of students during admissions. Many students check the top MBA colleges in India with fees to understand and prepare for admissions. The details of the top MBA colleges in India both private and public are given below.

Top Private MBA Colleges with Fee

S. NoName of the collegeTotal Course Fee
1XLRI Xavier College of Management, JamshedpurRs 25.80 lakhs
2MDI GurgaonRs 18.51 lakhs
3SPJIMR, MumbaiRs 19 lakhs
4Great Lakes, ChennaiRs 15.86 lakhs
5TAPMI ManipalRs 16 lakhs

Top Public MBA Colleges with Fee

S.NoName of the collegeCourse fee to be paid
1Indian Institute of Management, AhmedabadRs 23 lakhs
2Indian Institute of Management, BangaloreRs 23 lakhs
3Indian Institute of Management, CalcuttaRs 23 lakhs
4Indian Institute of Management, LucknowRs 19 lakhs
5Faculty of Management Studies University of DelhiRs 20.96 lakhs

Top MBA Colleges in India: Cutoff

Many aspirants look for the cutoff to top MBA colleges so that they can plan and achieve the same. Most top MBA colleges accept CAT percentile scores to admit students. MBA applicants generally target the IIMs, then other top MBA schools in India. Below is a list of top MBA colleges in India that have passed the CAT cutoff.

Top IIMS with cutoff (Expected)

Name of the IIM collegeExpected CAT cut-off in percentile
IIM Ahmedabad100-99
IIM Bangalore100-99
IIM Calcutta99
IIM Lucknow97-98
IIM Indore97-98
IIM Kozhikode97-98
IIM Amritsar95-96
IIM Nagpur95-96
IIM Sambalpur95-96
IIM Tiruchirappalli94-95
IIM Raipur94-95
IIM Ranchi94-95
IIM Kashipur94-95
IIM Vizag92-94
IIM Udaipur92-94
IIM Bodhgaya92-94
IIM Shillong90
IIM Sirmaur90

CAT Cutoff for Top MBA Colleges other than IIMs

List of B-schoolsExpected CAT Cutoff
Faculty of Management Studies, University of Delhi98.20 Percentile
DMS, IIT Delhi98+ Percentile
Loyola Institute of Business Administration (LIBA) Chennai90+ Percentile
SJMSOM, IIT Bombay99+ Percentile
Institute of Management Technology (IMT) Ghaziabad90+ Percentile
Management Development Institute (MDI) Gurgaon95+ Percentile
NITIE Mumbai95+ Percentile
SP Jain Institute of Management and Research (SPJIMR) Mumbai85+ Percentile
Xavier Institute of Management Bhubaneswar (XIMB)90+ Percentile
Department of Management Studies, IIT Madras95+ Percentile

Top Five Management Colleges in India: Top Specializations

Top MBA Colleges Offering MBA in Sales and Marketing

  1. Indian Institute of Management, Ahmedabad 
  2. Narsee Monjee Institute of Management Studies, Mumbai
  3. Indian Institute of Management, Kolkata 
  4. Vinod Gupta School of Management, IIT Kharagpur
  5. Indian Institute of Management, Indore

Top MBA Colleges offering MBA in Human Resources

  1. Indian Institute of Management, Bangalore 
  2. XLRI Xavier School of Management, Jamshedpur 
  3. Shailesh J. Mehta School of Management, IIT Bombay
  4. Department of Management Studies, IIT, Roorkee 
  5. MDI Gurgaon

Top MBA Colleges offering MBA in Foreign Trade

  1. Indian Institute of Foreign Trade, New Delhi 
  2. JMI Delhi
  3. Loyola Institute of Business Administration, Chennai 
  4. Institute of Management Studies, BHU, Varanasi 
  5. Institute of Management, Nirma University, Ahmedabad

How to Select the Best MBA Colleges in India?

Choosing an MBA college that is suitable in all aspects requires a bit of research. Some steps to narrow down the choice of college are

  • Choose a college that provides the specialization you are interested in. 
  • College accreditation or affiliation matters the most. Look out for this. 
  • Go through the list of faculty members (do a check on their experience and qualification). 
  • Go through the course content and see if all you need to learn for your future is provided there. 
  • Infrastructure and alumni need to be considered too, through LinkedIn
  • Placement options give a clear idea about the legacy of the college, so, check that out always.

Also, try to visit campus. 

Top MBA Colleges in India 2021 Accepting CAT 2021 Score

The CAT 2021 Results were published on January 3. More than 100 top MBA colleges in India accept CAT 2021 scores for MBA Admission 2022. There are 20 IIMs, and other top MBA schools in India, such as FMS Delhi, MDI Gurgaon (SPJIMR Mumbai), SJMSoM IIT Mumbai, and DoMS IIT Delhi. This article will provide information about MBA schools that accept CAT scores. Below is a list of colleges that accept CAT scores in different percentiles. To find out more, click on the College Name.

Top IIMs Accepting Cat: Cutoffs between 90-100 CAT Percentile

IIMs are the most popular MBA colleges that accept CAT scores since they only offer CAT for admission. There are currently 20 IIMs. All IIMs accept CAT 2021 scores for admission in 2022. The IIMs all have their sectional and total CAT score cutoffs, which range from 80 to 98 percentile. Below you will find information about top IIMs such as the fees and placements.

Institute NameFee (Rs. in lakhs)Average Salary (Rs. in lakhs)
Indian Institute of Management, Ahmedabad2325.83
Indian Institute of Management, Calcutta22.529
Indian Institute of Management (IIM) Bangalore23.224.54
Indian Institute of Management Lucknow19.2526
Indian Institute of Management, Indore16.523.6
Indian Institute of Management (IIM) Kozhikode1922.5

Top MBA Colleges in World

The first step in your journey to an MBA is selecting the right school. Although the tuition costs at some of the top MBA schools in the world can seem high, the return on your investment is often just as good or higher. The top MBA colleges around the globe will provide you with a multitude of benefits, including a high ROI and a variety of specializations. They also offer a global community that will keep you informed about international business standards.

Let’s get to it! We will take you through the top management colleges around the globe, and all details.

Factors to Consider When Ranking B-Schools

This year, 280 business schools were ranked in 45 recognized study-abroad destinations. These rankings were determined by some competitive indicators such as employability rates, average salaries of graduates, class profiles, and other comparable indicators. What is it about management schools that sets them apart from other schools? We will let you know about the many benefits of studying MBA abroad.

  • Employment: Employability can be measured using the QS Global Employer survey. This survey is used to measure the quality of recruiters’ ability to select their favorite B-schools and to select students. This survey is taken part by many employers, including Uber, Google, and Bank of America.
  • Entrepreneurship & Alumni Outcomes. The Alumni Incomes Index is used for analyzing B-schools that have more than 50,000 CEOs. These executives are employed at some of the most prestigious companies in the world, such as Apple, PepsiCo, and JPMorgan Chase. The entrepreneurship criteria are reported by the B-schools and are definitely important.
  • Return On Investment: Thorough research was done to determine which schools offer the highest return on investment. The salaries before and after pursuing an MBA are compared to the post-MBA salaries. The ROI is a 10-year average.
  • Thought Leadership: This parameter measures the reputation of the top B-schools around the globe. This factor is used to rank B-schools based on their research impact, nominations from business schools, and faculty who have received Ph.D. degrees.
  • Faculty Diversity and Class: The Percentage, percentage of women, and the percentage of foreign faculty are all important parameters when ranking top MBA schools around the globe.

Top 20 Best B-Schools in the World

Let’s now take a look at the top 20 business schools around the globe.

University/ B-SchoolQS Global MBA Rankings 202Average Tuition Cost for International Students
Stanford Graduate School of Business1119,964 USD/year
Harvard Business School, Boston273,440 USD/year
Penn (Wharton), Philadelphia283,230 USD/year
HEC Paris, Jouy En Josas478,000 EUR/year
MIT, (Sloan), Cambridge582,250 USD/year
London Business School697,500 EUR/year

And to end the article we will go through all the details at once about the Top MBA Colleges in India

MBA stands for Master of Business Administration. This internationally acclaimed degree helps you to acquire the skills required to be an expert in business and management. Its application extends beyond the business world. An MBA degree can also be helpful for those who want to manage in the private sector, government, or other areas.

You can only pursue MBA after you have completed your undergraduate degree. However, it’s more beneficial to have a few years of work experience than to continue straight from your undergraduate degree.

MBA programs typically include a core curriculum that covers subjects such as marketing, accounting, and economics. The MBA is the most sought-after professional degree program in the country. There are more than 2,500 top MBA programs available today.

Q. Who can choose to do an MBA?

Ans. Anybody can earn an MBA without a bachelor’s degree. To be admitted to prestigious MBA universities, you will need to pass certain entrance exams such as CAT, MAT, and XAT.

You don’t have to be over 30 in order to pursue MBA. In fact, the average age of top MBA students is between 27-29. This means that you will be learning alongside other business professionals who can offer their insight.

If you are ready to move up in your career, consider enrolling in an MBA program.

Q. What does an MBA do for career development?

Ans. Yes! Yes!

Here are some top career options for MBA graduates: management analyst, market research analyst, top executive, and HR manager.

Q. What MBAs are the most lucrative?

Ans. An MBA degree will increase your chances of getting paid twice as much than a regular university degree. MBAs can lead to high salaries. However, some industries pay more than others.

Top 5 industries where MBA graduates earn the most:

  • Consulting
  • Financial Services
  • Technology
  • Healthcare
  • Consumer Packaged Goods

You are also important because of your work experience and approach. We now have a better understanding of MBA. Let’s look at the top MBA universities in India.

List of Top MBA Colleges in India

  • FMS DelhiEntrance Exam – CAT | Fees – 2 Lacs for 2 years | Average Package – 25 lacs per annum | Cut-off – 99 % +
  • IIM AhmedabadEntrance Exam – CAT | Fees – 28 Lacs | Average Package – 26 Lacs per annum | Cut-off – 99%
  • IIM BangaloreEntrance Exam – CAT | Fees – 23 Lacs | Average Package – 26 Lacs per annum | Cut-off – 99%
  • IIM CalcuttaEntrance Exam – CAT | Fees -27 Lacs | Average Package – 25 Lacs | Cut-off -99%
  • JBIMS Mumbai: Entrance Exam – MHCET / CAT | Fees – 5 Lacs | Average Package – 25 Lacs per annum | Cut-off – 99 %
  • ISB Hyderabad: Work experience of 2 years is required for admission- Entrance Exam – GMAT | Fees – 40 Lacs | Average Package – 25 Lacs per annum | Cut-off – 710
  • TISS Mumbai: Entrance Exam – TISS | Fees – 2 Lacs | Average Package – 21 Lacs per annum | Cut-off – 72 +
  • IIM LucknowEntrance Exam – CAT | Fees – 20 Lacs | Average Package – 24 Lacs per annum | Cut-off – 99%
  • XLRI JamshedpurEntrance Exam – XAT | Fees – 25 Lacs | Average Package – 24 Lacs per annum | Cut-off – 99 %
  • IIFT Delhi: Entrance Exam – IIFT | Fees – 18 Lacs | Average Package – 21 Lacs per annum | Cut-off – 120+
  • IIM KozhikodeEntrance Exam – CAT | Fees – 20 Lacs | Average Package – 22 Lacs per annum | Cut-off – 99 %
  • IIM IndoreEntrance Exam – CAT | Fees – 17 Lacs | Average Package – 23 Lacs per annum | Cut-off – 99 %
  • MDI GurugramEntrance Exam – CAT | Fees – 25 Lacs | Average Package – 23 Lacs per annum | Cut-off – 99 %
  • SP Jain MumbaiEntrance Exam – CAT/ZAT/ GMAT | Fees – 20 Lacs | Average Package – 23 Lacs per annum | Cut-off – 96% and also profile-based on 85%
  • IIMC + ISI+ IITK: Entrance Exam – PGDBA | Fees – 20 Lacs | Average Package – 25 Lacs per annum | Cut-off – 100 +
  • SIBM PuneEntrance Exam – SNAP | Fees – 20 Lacs | Average Package – 20 Lacs per annum | Cut-off – 98 %
  • NMIMS MumbaiEntrance Exam – NMAT | Fees – 20 Lacs | Average Package – 18 Lacs per annum | Cut-off – 235+
  • NITIE Mumbai: Entrance Exam – CAT | Fees – 14 Lacs | Average Package – 20 Lacs per annum | Cut-off – 97 %
  • DMS IIT DelhiEntrance Exam – CAT | Fees – 10 Lacs | Average Package – 20 Lacs per annum | Cut-off – 99%
  • SJMSOM IIT Bombay: Entrance Exam – CAT | Fees – 14 Lacs | Average Package – 20 Lacs per annum | Cut-off – 99%
  • DMS IISC Bangalore: Entrance Exam – CAT | Fees – 4 Lacs | Average Package – 21 Lacs per annum | Cut-off – 99%
  • IIM ShillongEntrance Exam – CAT | Fees – 15 Lacs | Average Package – 19 Lacs per annum | Cut-off – 95%
  • IIT KharagpurEntrance Exam – CAT | Fees – 11 Lacs | Average Package – 18 Lacs per annum | Cut-off – 95%
  • SCMHRD Pune: Entrance Exam – SNAP | Fees – 20 Lacs | Average Package – 16 Lacs per annum | Cut-off – 98%
  • IIM TrichyEntrance Exam – CAT | Fees – 14 Lacs | Average Package – 15 Lacs per annum | Cut-off – 96%
  • IIM RanchiEntrance Exam – CAT | Fees – 15 Lacs | Average Package – 16 Lacs per annum | Cut-off – 96%
  • IIM KashipurEntrance Exam – CAT | Fees – 15 Lacs | Average Package – 16 Lacs per annum | Cut-off – 94%
  • IIM RaipurEntrance Exam – CAT | Fees – 15 Lacs | Average Package – 16 Lacs per annum | Cut-off – 94%
  • DOMS IIT MadrasEntrance Exam – CAT | Fees – 8 Lacs | Average Package – 14 Lacs per annum | Cut-off – 95%
  • MICA AhmedabadEntrance Exam – MICAT+ CAT/XAT/GMAT | Fees – 21 Lacs | Average Package – 14 Lacs per annum | Cut-off – 40+
  • IIM RohtakEntrance Exam – CAT | Fees – 15 Lacs | Average Package – 14 Lacs per annum | Cut-off – 94%
  • IMT Ghaziabad: Entrance Exam – CAT/XAT | Fees – 18 Lacs | Average Package – 14 Lacs per annum | Cut-off – 91%
  • MFC Delhi: Entrance Exam – CAT | Fees – 0.3 Lacs | Average Package – 12 Lacs per annum | Cut-off – 90%
  • IIM UdaipurEntrance Exam – CAT | Fees – 18 Lacs | Average Package – 13 Lacs per annum | Cut-off – 93%
  • MBE Delhi: Entrance Exam – CAT | Fees – 0.4 Lacs | Average Package – 12 Lacs per annum | Cut-off – 90%
  • MHROD Delhi: Entrance Exam – CAT | Fees – 0.3 Lacs | Average Package – 11 Lacs per annum | Cut-off – 91%
  • SIMSREE Mumbai: Entrance Exam – CAT/XAT/MAT/CMAT/CET | Fees – 2 Lacs | Average Package – 11 Lacs per annum | Cut-off – 99%
  • IIM NagpurEntrance Exam – CAT | Fees – 14 Lacs | Average Package – 13 Lacs per annum | Cut-off – 90%
  • IIM SirmaurEntrance Exam – CAT | Fees – 12 Lacs | Average Package – 12 Lacs per annum | Cut-off – 90%
  • IIM Jammu: Entrance Exam – CAT | Fees – 15 Lacs | Average Package – 10 Lacs per annum | Cut-off – 90%
  • IIM Bodhgaya: Entrance Exam – CAT | Fees – 12 Lacs | Average Package – 11 Lacs per annum | Cut-off – 90%
  • IIM Amritsar: Entrance Exam – CAT | Fees – 12 Lacs | Average Package – 12 Lacs per annum | Cut-off – 90%
  • IIM Vishakhapatnam: Entrance Exam – CAT | Fees – 11 Lacs | Average Package – 12 Lacs per annum | Cut-off – 90%
  • IIM Sambalpur: Entrance Exam – CAT | Fees – 10 Lacs | Average Package – 11 Lacs per annum | Cut-off – 90%
  • DIME IIT Kanpur: Entrance Exam – CAT | Fees – 8 Lacs | Average Package – 10 Lacs per annum | Cut-off – 93%
  • DOMS IIT Roorkee: Entrance Exam – CAT | Fees – 8 Lacs | Average Package – 11 Lacs per annum | Cut-off – 92%
  • KJ Somaiya Mumbai: Entrance Exam – CAT/NMAT/XAT/CMAT | Fees – 18 Lacs | Average Package – 12 Lacs per annum | Cut-off – 90%/230+/70% +
  • GIM Goa: Entrance Exam – CAT/XAT/CMAT | Fees – 18 Lacs | Average Package – 12 Lacs per annum | Cut-off – 90%
  • TAPMI Manipal: Entrance Exam – CAT/XAT/GMAT | Fees – 16 Lacs | Average Package – 11 Lacs per annum | Cut-off – 85%/630+
  • Great Lakes Chennai: Entrance Exam – CAT/XAT/GMAT | Fees – 17 Lacs | Average Package – 11 Lacs per annum | Cut-off – 85%/ 620+
  • XIM Bhubaneshwar: Entrance Exam – CAT/XAT/GMAT/NMAT/XGMT | Fees – 19 Lacs | Average Package – 13 Lacs per annum | Cut-off – 90%/620/240
  • NMIMS Bangalore: Entrance Exam – NMAT | Fees – 20 Lacs | Average Package – 10 Lacs per annum | Cut-off – 230
  • SIBM Bangalore: Entrance Exam – SNAP | Fees – 16 Lacs | Average Package – 10 Lacs per annum | Cut-off – 90%
  • SIIB Pune: Entrance Exam – SNAP | Fees – 18 Lacs | Average Package – 11 Lacs per annum | Cut-off – 90%
  • UBS Chandigarh: Entrance Exam – CAT | Fees – 0.5 Lacs | Average Package – 9 Lacs per annum | Cut-off – 95%
  • IMI Delhi: Entrance Exam – CAT/GMAT | Fees – 18 Lacs | Average Package – 12 Lacs per annum | Cut-off – 88%
  • FORE Delhi: Entrance Exam – CAT/XAT | Fees – 16 Lacs | Average Package – 11 Lacs per annum | Cut-off – 85%
  • Welingkar Mumbai: Entrance Exam – CAT/XAT/GMAT/CMAT/CET | Fees – 12 Lacs | Average Package – 8 Lacs per annum | Cut-off – 75%/600/80%
  • NMIMS Hyderabad: Entrance Exam – NMAT | Fees – 18 Lacs | Average Package – 8 Lacs per annum | Cut-off – 200+
  • IRMA Anand: Entrance Exam – IRMASAT + CAT/XAT | Fees – 12 Lacs | Average Package – 11 Lacs per annum | Cut-off – 85%
  • IIT Dhanbad: Entrance Exam – CAT | Fees – 4 Lacs | Average Package – 10 Lacs per annum | Cut-off – 92%
  • SRCC Delhi: Entrance Exam – SRCCGBO | Fees – 3 Lacs | Average Package – 9 Lacs per annum | Cut-off – 425+
  • LBSIM Delhi: Entrance Exam – CAT/GMAT | Fees – 12 Lacs | Average Package – 10 Lacs per annum | Cut-off – 85%
  • UBS Mumbai: Entrance Exam – CAT/XAT/CMAT | Fees – 9 Lacs | Average Package – 8 Lacs per annum | Cut-off – 85% 
  • XIME Bangalore: Entrance Exam – CAT/XAT/CMAT | Fees – 11 Lacs | Average Package – 8 Lacs per annum | Cut-off – 85%
  • Nirma Ahmedabad: Entrance Exam – CAT | Fees – 10 Lacs | Average Package – 9 Lacs per annum | Cut-off – 80%
  • SIDTM Pune: Entrance Exam – SNAP | Fees – 15 Lacs | Average Package – 9 Lacs per annum | Cut-off – 85%

Conclusion

India is home to some of the most prestigious MBA universities around the world. Students from all over the world come to these universities to pursue top MBA programs. It is not as easy as finding the right university, but the sky is the limit for anyone who is determined.

We hope this list will help you choose the right university for your needs. If you still have questions, you can always contact Formfees counselors, They are always available to answer them.

Frequently Asked Questions about Top 30 MBA Colleges in India

Q. Which is the No 1 MBA college in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, and XLRI MDI Gurgaon to name a few.

Q. Which is the top MBA college in India?

Ans. The top MBA college in India as per the latest NIRF rankings is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4, and IIT-Delhi-DoMS on Number 5.

Q. Between a private and a government MBA college, which is better?

Ans. Any MBA college which is UGC-recognized and AICTE-approved is good because they offer the latest curriculum. However, between private and government colleges, it is up to the candidate to decide which MBA college to choose. While private institutions have better infrastructure, government institutions charge low fees.

Q. Which are the top MBA colleges in India?

Ans. Some of the top MBA colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more.

Q. How much does MBA in India cost?

Ans. The Average Tuition fee for the top MBA colleges in India is approx. INR 10,68,413.

Q. Which MBA college gives the highest package?

Ans. List of MBA Colleges Offering Best ROI in India

S.No.Name of the InstituteHighest Salary Package (in Rs. LPA)
1IIM Ahmedabad55.9
2IIM Calcutta80
3IIM Bangalore
4FMS, Delhi58.8

Q. Which is the best college in India to do an MBA?

Ans. Here, click on the list of top 50 MBA Colleges in India for details:

National Cluster Rank*MBA CollegesWeighted Index (Out Of 1000)
1Indian Institute Of Management, Bengaluru905.3
2Indian School Of Business, Hyderabad890.5
3Faculty Of Management Studies, University Of Delhi, Delhi890.2
4Indian Institute Of Foreign Trade (IIFT), New Delhi883.7

Q. Is GMAT accepted in IIM?

Ans. Top MBA colleges in India accepting GMAT include IIMs, ISB, XLRI, SPJIMR, and many other top B-schools. If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programs in India as well as in foreign B-schools: One Year MBA in India at ISB, IIMs, XLRI, SPJIMR, and Great Lakes.

Q. Is there 100% placement in MBA?

Ans. Many MBA colleges give 100% placement opportunities. But, good packages are offered in the above-mentioned colleges.

Related Videos

Best University for MBA in India

Best University for MBA in India – Looking to get into the Best University for MBA in India?, if yes then read below the List of Top 10 MBA Colleges in India with Fee Structure.

There are a number of top MBA colleges in India that offer MBA degrees with an average annual fee of INR 50,000 to INR 30,000. In India’s top IIMs and private MBA colleges, the average MBA fee generally ranges from INR 20 lakhs to 23 lakhs annually. The following is a list of the top 10 MBA colleges in India, along with their fee structures.

And please NOTE – The Fees Structure changes year by year, so contact us for details related to Fees or for other services.

Master of Business Administration (MBA) degree is an advanced postgraduate course, and mastering the skills needed to succeed in it requires careful thought. The MBA is a degree that provides necessary skills to design, implement and monitor business strategies. The MBA also broadens your understanding of the wider business environment. The best University for MBA in India offer courses that provide the theoretical and practical application of management principles for achieving professional success.

The top MBA colleges in India based on the MHRD-NIRF ranking 2021 are IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Kozhikode, and IIM Indore. In addition to the Top 10 B-Schools listed by NIRF, Outlook, India Today, and Business Today, other popular B-Schools include MDI Gurgaon, XLRI Jamshedpur, IMI, IMT, VIT, SPJIMR, Fore School of Management, and the Department of Management Studies of the IITs.

Among the top MBA colleges in India, a few are consistently ranked as the best in the world. For example, the ISB was ranked fifth in Bloomberg Businessweek’s Asia-Pacific B-Schools ranking 2021, while IIM Bangalore was ranked sixth.

10 Best University for MBA in India with Fee structure

RankMBA CollegeCityProgramExamsFees
1IIM Bangalore: Indian Institute of ManagementBangalorePost Graduate Programme in Management (PGP) Leading to MBA DegreeCAT, GMATINR 23,20,000
2IIM Calcutta: Indian Institute of Management KolkataMaster of Business Administration (MBA)CAT, GMATINR 22,60,000
3IIM Ahmedabad: Indian Institute of Management AhmedabadPost Graduate Programme in Management (PGP)CAT, GMATINR 23,00,000
4SPJIMR Mumbai: SP Jain Institute of Management and Research MumbaiPost Graduate Diploma in Management (PGDM)CAT, GMATINR 20,42,000
5IIM Kozhikode: Indian Institute of Management KozhikodePost Graduate Program in Management (PGP)CAT, GMATINR 19,00,000
6XLRI Jamshedpur: Xavier School of Management JamshedpurPost Graduate Diploma in Business Management (PGDM – BM)XAT, GMATINR 23,60,000
7IIM Lucknow: Indian Institute of Management LucknowPost Graduate Programme in Management (PGPM)CAT, GMATINR 19,25,000
NotRankedISB Hyderabad: Indian School of Business HyderabadPost Graduate Programme in ManagementGRE, GMATINR 22,50,000
8IIM Indore: Indian Institute of Management IndorePost Graduate Programme in Management (PGP)CAT, GMATINR 21,07,000
9FMS New Delhi Faculty of Management Studies New DelhiMaster of Business Administration (MBA)CATINR 1,92,000
IIM Bangalore

IIM Bangalore

Approvals & Accreditation – EQUIS Location – Bangalore
Course

MBA

Fees

24.5 Lakhs

 IIM Calcutta

IIM Calcutta

Approvals & Accreditation – AACSB, EQUIS, AMBA Location – Calcutta, West Bengal
Course

MBA

Fees

27 Lakhs

IIM Ahmedabad

IIM Ahmedabad

Approvals & Accreditation – MHRD Location – Ahmedabad, Gujarat
Course

MBA

Fees

24.61 Lakh

NOTE – The Ranking is not as per the NIRF

Top MBA Colleges in India Highlights

The MBA programme offers a wide range of job and entrepreneurial opportunities. Business administration and operations are important aspects of running an organization, and this course provides training and knowledge in these areas. In addition to developing communication skills, the MBA programme develops leadership characteristics.

The MBA program is open to students from all backgrounds, including science, commerce, and humanities. Among all MBA programs, the full-time MBA is most popular and includes theory classes, practical projects, and internships. Full-time MBAs are popular among recent graduates and candidates with some work experience. Over 5,000 MBA colleges in India offer courses in various specialisations. While some B-Schools offer MBA degrees, others offer PG diplomas (PGDM/PGPM). Here is the highlights: Top MBA Colleges in India.

Total MBA Colleges in India5,200 (Approximately)
Approval Authority for MBA Colleges in IndiaAICTE (All India Council for Technical Education)

UGC (University Grants Commission)

MHRD (Ministry of Human Resource Development)
Types of MBA CollegesGovernment & Private
Total Number of IIMs20
Admission ProcessThe admission to top MBA colleges in India is done based on merit obtained by the candidates in the qualifying exam or one of the following state/ national level entrance exam scores are CAT, MAT, CMAT, ATMA, NMAT, MAH MBA CET. Some private institutions may also conduct their entrance exam for admission.

Top 10 MBA Colleges in India 

Here is the list of Top 10 MBA Colleges in IndiaThis Top 10 MBA Colleges in India is selected based on rankings, fees structure, placement report and more. You will get to know the details of Top 10 MBA colleges in India.

GradeRankMBA CollegeCityProgramExamsFeesCompare
AAA+1IIM Bangalore: Indian Institute of ManagementBangalorePost Graduate Programme in Management (PGP) Leading to MBA DegreeCAT, GMATINR 23,20,000Add to compare
AAA+2IIM Ahmedabad: Indian Institute of ManagementAhmedabadPost Graduate Programme in Management (PGP)CAT, GMATINR 23,00,000Add to compare
AAA+3IIM Calcutta: Indian Institute of ManagementKolkataPost Graduate Diploma in Management (PGDM)CAT, GMATINR 22,60,000Add to compare
AAA+4IIM Lucknow: Indian Institute of ManagementLucknowPost Graduate Programme in Management (PGPM)CAT, GMATINR 19,25,000Add to compare
AAA+Not
Ranked
XLRI Jamshedpur: Xavier School of ManagementJamshedpurPost Graduate Diploma in Business Management (PGDM – BM)XAT, GMATINR 23,60,000Add to compare
AAA+Not
Ranked
ISB Hyderabad: Indian School of BusinessHyderabadPost Graduate Programme in ManagementGRE, GMATINR 22,50,000Add to compare
AAA5IIM Kozhikode: Indian Institute of ManagementKozhikodePost Graduate Program in Management (PGP)CAT, GMATINR 19,00,000Add to compare
AAA6SPJIMR Mumbai: SP Jain Institute of Management and ResearchMumbaiPost Graduate Diploma in Management (PGDM)CAT, GMATINR 19,00,000Add to compare
AAA7IIM Indore: Indian Institute of ManagementIndorePost Graduate Programme in Management (PGP)CAT, GMATINR 16,50,000Add to compare
AAA8IIFT New Delhi: Indian Institute of Foreign TradeNew DelhiMBA in International BusinessIIFTINR 18,25,000Add to compare
AAA9MDI Gurgaon: Management Development InstituteGurugramPost Graduate Programme in Management (PGPM)CAT, GMATINR 20,86,670Add to compare
AAA10NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies – SBMMumbaiMaster of Business Administration (MBA)NMATINR 20,80,000Add to compare
v
XLRI Jamshedpur

XLRI Jamshedpur

Approvals & Accreditation – AICTE, AIU, GOI Location – Jamshedpur, Jharkhand
Course

PGDM

Fees

26 Lakhs

SP Jain Mumbai

SP Jain Mumbai

Approvals & Accreditation – AICTE, NBA, AACSB, AMBA Location – Mumbai, Maharastra
Course

PGDM

Fees

20.42 lakhs

Top 10 MBA Colleges in India with Fee structure | Government MBA Colleges in India

The List consists of 8 Top MBA Colleges in India with Fee structure, The selection of Government MBA Colleges in India comprises the most esteemed, leading, and Top MBA institutions in India.

The Top government MBA Colleges in India provide favorable prospects for employment, ensuring a high return on investment. These institutions have a distinguished faculty including individuals with extensive qualifications and experience.

Presented here are a selection of Government MBA Colleges in India with Fee Structure:

Government MBA Colleges in India with Fee Structure Average MBA Fees(INR)
IIM Bangalore24,50,000
IIM Indore21,14, 222
Jamia Millia Islamia, New Delhi47,000
NITIE Mumbai13,43,000
IIFT New Delhi21,77,000
IIT Delhi10,25,000
IIT Bombay1,00,000
NIT Trichy2,62,000

Top 10 MBA Colleges in India with Fee structure | Top Private MBA Colleges in India

In India, there are around 3969 recognized private MBA colleges. The top private MBA colleges in India provide high-quality education, facilities, infrastructure, and good placements.

Below is a list of some of the top private MBA colleges in India with fee structures.

College/ University NameTotal MBA Fees(INR)
Xavier Labour Relations Institute (XLRI), Jamshedpur21,70,000
Management Development Institute, Gurugram23,47,400
Symbiosis Institute of Business Management (SIBM), Pune24,59,000
Narsee Monjee Mumbai21,90,000
ISB Hyderabad36,30,000
S. P. Jain Institute of Management & Research, Mumbai20,42,000
Great Lakes Institute of Management, Chennai18,75,000
Symbiosis Center for Management and Human Resource Development, Pune21,90,000
ICFAI Foundation for Higher Education, Hyderabad16,02,000
Kalinga Institute of Industrial Technology – KIIT, Bhubaneswar7,25,000
Prin LN Welingkar Institute of Management Development and Research (WESCHOOL), Mumbai13,00,000

Top MBA Colleges in India with NIRF Ranking 2021

Under the National Institutional Ranking Framework, or NIRF, the Ministry of Education, Government of India, publishes an annual ranking of the top MBA colleges in India. 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 practises, graduation outcomes, outreach and inclusivity, and perception. On September 9, the NIRF rankings for top MBA colleges in India for 2021 were released.

The following is a list of the top 10 MBA colleges in India, according to the NIRF ranking for 2021.

Name of the CollegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34
IIT Delhi572.15
IIM Indore671.1
IIM Lucknow771.02
XLRI, Jamshedpur869.93
IIT Kharagpur969.5
SJMSOM, IIT Bombay1068.08

Top MBA Colleges in India with Fees

This is an important factor that influences student selection during admissions. Many students research the top MBA colleges in India with fees in order to better understand and prepare for admissions. There are over 3,000 private MBA colleges, over 500 Public/Government MBA colleges in India , and approximately 70 public private MBA colleges in India. The top MBA colleges in India, both private and public, with their fees structure are listed below.

Top 10 Government MBA Colleges in India

Public CollegesCourse Fee (in Rs)
IIM Ahmedabad23.00 L
IIM Bangalore18.70 L
IIM Calcutta10.10 L
IIM Kozhikode20.50 L
IIT Delhi-DoMS8.80 L
IIM Indore17.06 L
IIM Lucknow5.69 L
IIT Kharagpur-VGSOM9.26 L
IIT Bombay-SJMSOM8.67 L
IIT Madras-DoMS8.00 L

Top 10 Private Colleges in India

Private CollegesCourse Fee (in Rs)
XLRI Xavier School of Management, Jamshedpur23.60 L
MDI Gurgaon21.34 L
NITIE, Mumbai11.33 L
SPJIMR, Mumbai17.87 L
Symbiosis Institute of Business Management, Pune10.20 L
SVKM’s Narsee Monjee Institute of Management Studies10.42 L
Great Lakes Institute of Management, Chennai11.81 L
Indian Institute of Foreign Trade, Delhi8.85 L
International Management Institute, Delhi18.34 L
ICFAI Business School, Hyderabad14.14 L

Best University for MBA in India: IIMs in India 2023

The Indian Institute of Management (IIMs) are widely recognized as esteemed institutions for management education in India. These institutes provide a range of management programs, including Master of Business Administration (MBA), Bachelor of Business Administration (BBA), Post Graduate Diploma in Management (PGDM), and others.

The premier Indian Institutes of Management (IIMs) provide a superior standard of education, well-developed infrastructure, comprehensive facilities, and lucrative employment opportunities with high-placement packages.

India is home to over 20 Indian Institutes of Management (IIMs), a majority of which hold prestigious positions among the highest-ranked institutions for Master of Business Administration (MBA) programs in the country.

The chart shown below provides an overview of the leading Indian Institutes of Management (IIMs) in India, as per the National Institutional Ranking Framework (NIRF) Ranking for the year 2023. Additionally, the table includes information on the cost structure associated with each institution.

NIRF Ranking 2023College NameTotal Fees (INR)
1IIM Ahmedabad23,00,000
2IIM Bangalore23,00,000
4IIM Calcutta23,00,000
3IIM Kozhikode20,50,000
6IIM Lucknow20,75,000
8IIM Indore21,14,222
11IIM Raipur15,49,360
12IIM Rohtak19,55,000
16IIM Udaipur17,50,000
19IIM Kashipur15,42,000
22IIM Tiruchirappalli16,50,000
24IIM Ranchi17,50,000
26IIM Shillong14,60,000
29IIM Visakhapatnam16,79,920
41IIM Jammu17,15,000
43IIM Nagpur18,00,000
51IIM Amritsar16,00,000
53IIM Bodh Gaya15,75,000
58IIM Sambalpur10,65,000
98IIM Sirmaur15,75,000

Top 10 Best University for MBA in India with Fee structure except for IIM

MBA is the most popular course amongst students and can be pursued at several colleges in India. Here is the list of the Top 10 MBA Colleges in india with Fee structure except for IIM, according to NIRF rankings.

NIRF 2023 RankingTop 10 MBA Colleges in india with Fee structureTotal Fees (INR)
5Indian Institute of Technology Delhi9,60,000
9Xavier Labour Relations Institute (XLRI), Jamshedpur21,70,000
7National Institute of Industrial Engineering, Mumbai13,43,000
10Indian Institute of Technology Bombay9,64,300
13Management Development Institute, Gurugram23,47,000
14Indian Institute of Technology Kharagpur9,29,300
15Indian Institute of Technology Madras10,99,000
17Symbiosis Institute of Business Management, Pune24,59,000
18Indian Institute of Technology Roorkee8,28,000
23Indian Institute of Technology Kanpur2,98,650

Top 10 Best University for MBA in India Fee structure: Online MBA Colleges in India

Many Top 10 MBA Colleges in india with Fee structure  now started offering Online MBAs due to pandemics and accessibility. Students unable to attend regular classes can pursue an Online MBA. Check out the top Online MBA colleges in India with average annual fees.

Best University for MBA in India with feesOnline MBA Fees
Amity University, NoidaINR 13,44,000
Jaipur National University, JaipurINR 2,59,000
Jaipuria Institute of Management, NoidaINR 13,50,000
Indira Gandhi National Open University (IGNOU), DelhiINR 3,06,800
Pondicherry University, Directorate of Distance EducationINR 24,925
National Institute Of Business Management, ChennaiINR 44,000
NMIMS Global Access School for Continuing Education, MumbaiINR 1,44,000
ITM University OnlineINR 2,90,500
LN Welingkar WeSchool, MumbaiINR 13,00,000
Dr. DY Patil Center for Online LearningINR 4,20,000

Top MBA Colleges in India – Placement Wise

The placement offered by MBA colleges in India is one of the factors considered by students. It is also an important consideration when considering admissions. The top MBA colleges in India have a high rate of placement. Students can also look at the top 10 MBA colleges in India  placement. The specifics are listed in the table below.

Name of the collegeMedian SalaryTop Recruiters coming to the college
Indian Institute of Management, BangaloreRs 28.60 LPA (Source: IIM Bangalore placement report)Urban Clap

Aditya Birla Group

Google

JP Morgan

Asian paints

American Express
Indian Institute of Management, CalcuttaRs 27.67 LPA (Source: IIM Kolkata placement report)Dabur

Whirlpool

Nokia

Dell

Oracle

Viacom 18
Indian Institute of Management, AhmedabadRs 25 LPA (source: IIM Ahmedabad placement report 2020)Airtel

Accenture

Grofers

Flipkart

Microsoft

HSBC
Indian Institute of Management, LucknowRs 23.5 LPA (Source: IIM Lauknow placement report)Axis Bank

Ebay

Coca-cola

Yahoo

Cadbury

Godrej
Indian Institute of Technology, Kharagpur17.12 LPA (Source: VGSOM Placement Report)UBS

VISA

Facebook

EXL Services

Linkedin

Morgan Stanley

Best University for MBA in India Placement wise

If there is one factor that decides the popularity and rankings of a B-school, it is indeed Placements! So, it’s no surprise that when it comes to taking final admission decisions MBA aspirants want to analyze the latest MBA placement trends below you can check the MBA Placements 2023. 

Below you can check the MBA Placements 2023 Trends and also from the previous year data 

Top 20 B-schools MBA Placements 2023  

Top MBA College by Average SalaryMBA Average Salary 2023
IIM BangaloreRs. 35.31 LPA
IIM CalcuttaRs. 35.07 LPA
FMS DelhiRs. 34.10 LPA
ISB HyderabadRs. 34.21 LPA
IIM AhmedabadAwaited
SPJIMR MumbaiRs. 33.02 LPA
XLRI JamshedpurRs. 32.70 LPA
IIM LucknowRs. 32.20 LPA
IIM KozhikodeRs. 31.02 LPA
IIM IndoreRs. 30.21 LPA
IIFT Delhi & KolkataRs. 29.10 LPA
SJMSoM IIT BombayRs. 28.88 LPA
JBIMS MumbaiRs. 28.02 LPA
MDI GurgaonRs. 27.67 LPA
TISS MumbaiRs. 27.22 LPA
IIM ShillongRs. 26.96 LPA
SIBM PuneRs. 26.77 LPA
NMIMS MumbaiRs. 26.63 LPA
DMS IIT DelhiRs. 25.82 LPA

Other Top B-Schools by Average Salary in Placement 2023

MBA CollegeAverage Salary 2023
BITSoM MumbaiRs. 23.85 LPA
SCMHRD PuneRs. 23.83 LPA
IIM RaipurRs. 21.04 LPA
IIM TiruchirappalliRs. 20.55 LPA
IIM UdaipurRs. 20.32 LPA
DoMS-IIT MadrasRs. 20.19 LPA
XIM BhubaneswarRs. 20.03 LPA
MICA AhmedabadRs. 20.09 LPA
IIM RohtakRs. 18.73 LPA
IIM KashipurRs. 18.11 LPA
IMT GhaziabadRs. 17.35 LPA
IIM RanchiRs. 17.30 LPA
IMI New DelhiRs. 17.01 LPA
IIM NagpurRs. 16.74 LPA
IIM AmritsarRs. 16.51 LPA
IIM SambalpurRs. 16.64 LPA
IIM JammuRs. 16.43 LPA
IIM Bodh GayaRs. 16.00 LPA
IRMA AnandRs. 15.50 LPA
IIM VisakhapatnamRs. 15.47 LPA
TAPMI ManipalRs. 14.60 LPA
FORE New DelhiRs. 14.50 LPA
Great Lakes ChennaiRs. 14.50 LPA
IIM SirmaurRs.14.45 LPA
SDA Bocconi Asia Center, MumbaiRs. 14.30 LPA
GIM GoaRs. 14.87 LPA
LBSIM New DelhiRs. 12.42 LPA
K J Somaiya Institute of Management, MumbaiRs. 12.23 LPA

Blow is the data from the year MBA Placements 2021-2022

Top 20 B-schools MBA Placements 2021-2022

Top MBA College by Average SalaryMBA Average Salary 2021MBA Average Salary 2022
IIM BangaloreRs.28.98 LPARs. 33.82 LPA
IIM CalcuttaRs. 29.00 LPARs. 34.20 LPA
FMS DelhiRs. 26.20 LPARs. 32.40 LPA
ISB HyderabadRs. 28.21 LPARs. 34.08 LPA
IIM AhmedabadRs. 27.54 LPARs. 32.80 LPA
SPJIMR MumbaiRs. 26.06 LPARs. 32.05 LPA
XLRI JamshedpurRs.25.08 LPARs.30.07 LPA
IIM LucknowRs. 26.00 LPARs. 31.03 LPA
IIM KozhikodeRs. 22.53 LPARs. 29.50 LPA
IIM IndoreRs.23.60 LPARs. 25.01 LPA
IIFT Delhi & KolkataRs.21.08 LPARs. 25.16 LPA
SJMSoM IIT BombayRs.21.96 LPARs. 25.93 LPA
JBIMS MumbaiRs.23.16 LPARs. 27.63 LPA
MDI GurgaonRs.23.15 LPARs. 26.65 LPA
TISS MumbaiRs.19.62 LPARs. 23.97 LPA
IIM ShillongRs.19.17 LPARs. 23.10 LPA
SIBM PuneRs.19.56 LPARs.23.06 LPA
NMIMS MumbaiRs.18.45 LPARs. 23.07 LPA
DMS IIT DelhiRs.18.50 LPARs. 21.90 LPA

MBA Placements 2023 in IIMs

The MBA placements 2023 at the Indian Institutes of Management (IIMs) have witnessed a notable increase in high salary packages. The recently published placement statistics indicate a rise in the average salary offered across all IIMs. The following section outlines the primary trends observed in the placement process at the Indian Institute of Management (IIM).

  • The older Indian Institutes of Management (IIMs) maintain their dominant position. The older Indian Institutes of Management (IIMs) have maintained their prominent positions, exhibiting the highest average income figures in the Placements of 2023. IIM Calcutta has recorded the highest average pay of Rs. 35.07 LPA, followed by IIM Lucknow with an average salary of Rs. 32.20 LPA. IIM Kozhikode closely trails behind with an average salary of Rs. 31.02 LPA, while IIM Indore reports an average salary of Rs. 30.21 LPA. No other Indian Institute of Management (IIM) has achieved an average pay of Rs.30 LPA in placements.
  • The newly established Indian Institutes of Management (IIMs) have demonstrated a notable surge in  MBA placements when compared to their more established counterparts. For instance, IIM Sambalpur has recorded the greatest average income increase of 31.6%, surpassing other institutions. Similarly, IIM Bodhgaya has also had a significant rise in average compensation, with an increase of 29%. Both IIM Indore and IIM Jammu have had a significant increase of 21% in their average wage figures.
  • IIM Ahmedabad to Release  MBA placements Data after IPRS Audit: IIM Ahmedabad follows IPRS standard and will release salary data after Audit in October, even after completing its placement 2023 as early as in February. IPRS initiative was taken by IIMs and other few top B-schools to release Placement data after Audit of Placement reports. IPRS standardizes the data on the placement reports more comparable and reliable.
MBA CollegeAverage Salary 2021 (Rs. in Lakhs)Average Salary 2022 (Rs. in Lakhs)Average Salary 2023 (Rs. in Lakhs
IIM BangaloreRs. 28.98 LPARs. 33.82 LPARs.35.31 LPA
IIM CalcuttaRs. 29.00 LPARs. 34.20 LPARs.35.07 LPA
IIM AhmedabadRs. 27.54 LPARs. 32.80 LPAAwaited
IIM LucknowRs. 26.00 LPARs. 31.03 LPARs.32.20 LPA
IIM KozhikodeRs. 22.53 LPARs. 29.50 LPARs.31.02 LPA
IIM IndoreRs. 23.60 LPARs. 25.01 LPARs.30.21 LPA
IIM ShillongRs. 19.17 LPARs. 23.10 LPARs.26.96 LPA
IIM RaipurRs. 15.11 LPARs. 17.73 LPARs.21.04 LPA
IIM TiruchirappalliRs. 14.85 LPARs. 17.00 LPARs.20.55 LPA
IIM UdaipurRs. 13.42 LPARs. 17.80 LPARs.20.32 LPA
IIM RohtakRs. 13.74 LPARs. 16.06 LPARs.18.73 LPA
IIM KashipurRs. 14.05 LPARs. 15.21 LPARs. 18.11 LPA
IIM RanchiRs. 14.69 LPARs. 16.17 LPARs. 17.30 LPA
IIM NagpurRs. 13.21 LPARs. 14.94 LPARs.16.74 LPA
IIM AmritsarRs. 12.68 LPARs. 14.63 LPARs.16.51 LPA
IIM SambalpurRs. 11.21 LPARs. 12.64 LPARs.16.64 LPA
IIM JammuRs. 10.34 LPARs. 13.53 LPARs.16.43 LPA
IIM Bodh GayaRs.  9.92 LPARs. 12.36 LPARs.16.00 LPA
IIM VisakhapatnamRs. 12.62 LPARs. 14.60 LPARs. 15.47 LPA
IIM SirmaurRs.  9.60 LPARs. 12.74 LPARs. 14.45 LPA

The Top 10 MBA Colleges in India based on the NIRF Ranking 2021

Rankings are also important to consider when choosing the best MBA college in India. MBA colleges in India are ranked based on a variety of ranking factors by a number of ranking agencies. NIRF, Business Today, India Today, Outlook, and Business Today are some of the top Indian agencies that rank MBA colleges in India. Below is a list of MBA colleges in India ranked by agencies.

The NIRF rankings of top MBA colleges in India for 2021 were released on their official website on September 9. The following table shows the NIRF rankings for Top MBA colleges in India for 2021.

Name of the MBA CollegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34
Department of Management Studies (DMS) IIT Delhi, Delhi572.15
IIM Indore671.1
IIM Lucknow771.02
XLRI, Jamshedpur869.93
IIT Kharagpur969.5
SJMSOM, IIT Bombay1068.08

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 offer after completing the course.

Top MBA colleges in India have a higher ROI 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 average placement package and average annual fee (NIRF rankings 2021) are listed below, along with the and :

Name of the CollegeAverage Annual Fee (in Rs)Average Placement Package (in Rs)
IIM Ahmedabad23 L26 LPA
IIM Bangalore23 L25 LPA
IIM Calcutta23 L27 LPA
IIM Kozhikode20 L22.50 LPA
IIT Delhi9.6 L18.47 LPA
IIM Indore15 L22.92 LPA
IIM Lucknow19 L24.25 LPA
XLRI Jamshedpur23 L18.80 LPA
IIT Kharagpur10 L18.00 LPA
IIT Bombay8.67 L21.96 LPA

Best MBA Colleges in India by Times Rankings 2021

Here are the top MBA Colleges in India as per the Times Rankings 2021

MBA College NameThe Times MBA Ranking 2021
XLRI Jamshedpur1
IIM Raipur2
IIM Udaipur3
IIM Shillong4
IMT Ghaziabad5
IIM Kashipur6
KJ Somaiya Institute of Management7
ISB Hyderabad8
IIT Kharagpur8
IIT Delhi9
SIBM Pune10
Amity Business School Noida11
Institute of Rural Management, Anand12
Xavier Institute of Management, Bhubaneswar13
Lal Bahadur Shastri Institute of Management14
ISB&M, Pune15

Best MBA Colleges in India by India Today Rankings 2021

Here are the top MBA Colleges in India as per India Today Rankings 2021

MBA College NameThe India Today Ranking 2021
Indian Institute Of Management – [IIMA], Ahmedabad1
Indian Institute of Management – [IIM], Calcutta2
Indian Institute of Management – [IIM], Bangalore3
SP Jain Institute of Management and Research4
DMS IIT Delhi5
Indian Institute of Management – [IIM], Indore6
MDI Gurgaon7
Indian Institute of Management – [IIMK], Kozhikode8
FMS Delhi9
Narsee Monjee Institute of Management Studies – NMIMS, Mumbai

Top MBA Colleges in India – Cutoff 

Most aspirants look for top MBA colleges in India cutoffs so that they can prepare and aim for the same. The majority of India’s top MBA colleges accept CAT percentile scores for MBA admissions. MBA aspirants typically target the IIMs first, followed by other top MBA colleges in India. The following is a list of the the top MBA colleges in India Cut Offs.

College NameCollege Cutoff
IIM Bangalore cutoff99-100 percentile
IIM Ahmedabad cutoff98-99 percentile
IIM Calcutta cutoff98-99 percentile
IIM Lucknow cutoff98-99 percentile
IIT Kharagpur cutoff90-95 percentile
IIM Kozhikode cutoff95-98 percentile
IIM Indore cutoff95-98 percentile
IIT Delhi cutoff90-95 percentile
XLRI Jamshedpur cutoff92-94 percentile
MDI Gurgaon cutoff94-98 percentile

Top 10 MBA Colleges in India- Based on Course Fee

Look at the top ten MBA colleges in India along with their average annual fees.

Top MBA Colleges in IndiaAverage Annual Fees(INR)
IIM Bangalore Fee23,00,000
IIM Calcutta Fee23,00,000
IIM Ahmedabad Fee23,00,000
SPJIMR Mumbai Fee19,00,000
XLRI Xavier School of Management Fee12,90,000
IIM Indore Fee17,01,000
MDI Gurgaon – Management Development Institute18,86,000
FMS Delhi Fee96,000
Indian School of Business (ISB) Fee36,30,000
IIM Lucknow Fee19,25,000

MBA Colleges Course Fee

The average annual fees of top MBA colleges in India range between INR 50,000 – 30 Lakhs. Here is the list of top MBA colleges in India along with their course fee in the tabular format below.

College NamesMBA Fees
IIM Ahmedabad FeeINR 23,00,000
IIM Lucknow FeeINR 20,10,000
IIM Udaipur FeeINR 21,00,000
IIM Ranchi FeeINR 17,60,000
IIT Kharagpur FeeINR 1,64,558
IIT Delhi FeeINR 10,24,000
NITIE Mumbai FeeINR 14,60,000
IIFT New Delhi FeeINR 18,78,000
Symbiosis Pune FeeINR 5,60,000
MDI Gurgaon FeeINR 18,86,000
Narsee Monjee Mumbai FeeINR 6,44,000
XLRI Jamshedpur FeeINR 26,80,000
SP Jain Mumbai FeeINR 21,42,000
IIT Roorkee FeeINR 4,28,000
IIT Bombay FeeINR 1,00,000
IIT Madras FeeINR 4,10,000

Top Management Colleges in India Admission Procedure

Before applying to any of top MBA colleges in India, one of the first things to look into is eligibility. Some of the most common eligibility criteria for MBA admissions are as follows:

  • Applicants must have completed their graduation level studies from a recognised university and earned a minimum of 50% as an aggregate mark during that time.
  • Students in their final year of college can also apply for MBA programmes at top colleges in India.

People Also Ask –

Q. Which University MBA is best in India?

Ans. MBAUniverse.com Ranking

IIM Bangalore is ranked No 1 B-school in India. IIM Ahmedabad and IIM Calcutta are ranked No 2 & 3 respectively. In spite of stiff competition from IIMs, Top PGDM B-schools XLRI, SPJIMR, MDI, NMIMS, IMT and IMI have held on to their leadership.

Q. Which university is best for MBA placements?

Ans. According to the Placement Report 2022, of all Top Business Schools IIFT, IIM Kozhikode, SPJIMR, Taxila Business School Jaipur and Great Lakes Chennai have topped the charts by completing placements for their PGDM/MBA program.

Q. Which state in India is best for MBA?

Ans. Uttar Pradesh, is the highest applying state for MBA courses followed by Maharashtra, Madhya Pradesh and Andhra Pradesh.

Q. Which MBA gives highest salary?

Ans. Top Highest-Paying MBA Concentrations

Q. Which type of MBA is best?

Ans. 6 MBA Specializations to Enhance Your Professional Career

Frequently Asked Questions about Best University for MBA 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 recognised 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, SPJIMRFMS Delhi, and many more are among the top MBA colleges in India.

Q. 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.

Q. Is Cat necessary for MBA?

Ans. No, the candidate must have taken the CAT in order to be admitted to IIM-K. Only CAT scores are accepted by IIMs. IIMs do not accept other entrance exam scores or offer direct admission.

Q. Is GMAT accepted in IIM?

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 programmes both in India and abroad: One-year MBA programmes in India include ISB, IIMs, SPJIMR, XLRI, and Great Lakes.

Q. Is there a government MBA program in India?

Ans. Government MBA Colleges in India 2022

  1. FMS Delhi – Faculty of Management Studies University of Delhi
  2. JBIMS Mumbai – Jamnalal Bajaj Institute of Management Studies. 
  3. PUMBA Pune – Department of Management Sciences Savitribai Phule Pune University.
  4. IIM Bangalore – Indian Institute of Management.

Q. Which is the top government college in India for an MBA?

Ans. Top government MBA colleges in India include the IIMs and IITs.

Top Government MBA Colleges in India.

Top MBA CollegesNIRF Rankings 2021
Indian Institute of Management Ahmedabad1
Indian Institute of Management Bangalore2
Indian Institute of Management Calcutta3

Q. Which is the cheapest MBA college in India?

Ans. Cheapest colleges to study MBA courses in India – Placement

Name of the collegeAverage/Median Salary (in Rs.)
Delhi School of Economics, DU
Tata Institute of Social Sciences (TISS), MumbaiRs. 4.80 lakhs
Pune University Department of Management Sciences (PUMBA)
FMS BHURs. 7.20 lakhs

Q. Which college is best for MBA low fees?

Ans. Register now for latest MBA Exam & Admissions Updates, contact Formfees for the latest updates

Top MBA college with Low FeesProgramme Fee
SIMSREE, MumbaiRs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)Rs. 6,00,000
BITS PilaniRs. 9,00,00
UBS Chandigarh-Panjab UniversityRs. 38,000

Q. Is CAT necessary for MBA?

Ans. No, CAT or CMAT exam is not compulsory for MBA. There are a host of other MBA entrance exams similar/equivalent to CAT like XAT. Several institutes have their own entrance exams like NMAT for NMIMS, TISS, SNAP for Symbiosis, IIFT, CET for Maharashtra institutes, MICA, etc.

Q. What is the average fees of MBA in India?

Ans. MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program.

MBA fees of top B-Schools other than IIMs.

B-SchoolCourse Name**Fees
FMS-DelhiMBAINR 20,960
XLRI Jamshedpur-Xavier School of ManagementPGDMINR 23.60 lakh
MDI-GurgaonPGPMINR 19.80 lakh
SPJIMR-MumbaiPGDMINR 17.50 lakh

Q. Which country is cheapest for MBA?

Ans. Cheapest Countries for MBA

  • Canada. 
  • Switzerland. 
  • China.
  • Ireland. 
  • Malaysia. 
  • Germany. 
  • Norway. 
  • The Netherlands.

Q. Is Cat necessary for MBA?

Ans. No, CAT or CMAT exam is not compulsory for MBA. There are a host of other MBA entrance exams similar/equivalent to CAT like XAT. Several institutes have their own entrance exams like NMAT for NMIMS, TISS, SNAP for Symbiosis, IIFT, CET for Maharashtra institutes, MICA, etc.

MBA Colleges in India Accepting GMAT Score 2022

MBA Colleges in India Accepting GMAT Score 2022

MBA through GMAT in India is becoming a reality, as several MBA Colleges in India Accepting GMAT Score for admission to their management programmes. Many major MBA universities, including SP Jain, IIM Bangalore, ISB Hyderabad, and more have begun to accept GMAT MBA Admission for Indian applicants. Previously, universities solely recognised GMAT scores for MBA admission from international/foreign candidates. To get admitted to MBA programmes overseas, Indian candidates must take the GMAT test. Aside from the quality of institutions accepting the GMAT Score, India has a substantial number of GMAT accepting colleges, with 43 listed MBA colleges in India accepting GMAT Score. As a result, the GMAT Exam has grown in popularity among applicants.

MBA Colleges in India Accepting GMAT Score 

The GMAT Score is accepted by 7 IIMs, including the major IIMs of IIM Bangalore IIM Ahmedabad,, and IIM Calcutta. Apart from the IIMs, other MBA Colleges in India Accepting GMAT Score include the Indian School of Business (ISB), the highest ranked Indian Business School at 24th in the Financial Times World Business School Ranking. IIM Bangalore, IIM Ahmedabad, and IIM Calcutta are all among the top 50 Business Schools in India, however they do not reach the same heights as ISB. Here is the list of MBA Colleges in India Accepting GMAT Score which is listed below:

Colleges NamesGMAT Cutoff ScoreAverage FeesAverage Salary Offered
IIM Ahmedabad720INR 21,00,000INR 26,13,000-INR 33,00,000
IIM Calcutta701INR 27,00,000INR 27,80,000
XLRI Jamshedpur710-730INR 23,90,000INR 25,08,000
IIM Indore700+INR 17,09,000INR 23,60,000
IIM Kozhikode700+INR 19,00,000INR 22,50,000
IMT Ghaziabad699+INR 17,50,000INR 10,00,000-INR 15,00,000
MDI Gurgaon680-700INR 21,34,000INR 23,10,000
S.P Jain Institute of Management and Research (SPJIMR), Mumbai650INR 17,00,000INR 25,86,000
IIM Bangalore710INR 23,00,000INR 28,98,000
IIM Lucknow710INR 19,25,000INR 26,00,000
Xavier University (XIMB)550INR 10,80,000INR 15,51,000
IMT Hyderabad500INR 5,00,000INR 7,64,000
Indian Business School, Hyderabad700+INR 37,49,000INR 28,29,000
Xavier Institute of Management and Entrepreneurship600-650INR 5,00,000INR 7,73,000
Amity School of Business450INR 5,88,000INR 6,00,000

Indian B-schools Accepting GMAT for 2 year MBA

MBA admission to the flagship two-year MBA/PGDM degree is also available for Indian candidates with GMAT entrance test scores in over 100 MBA institutes throughout India. Great Lakes, SPJIMR Mumbai, IMT Ghaziabad, Xavier University Bhubaneswar, and TAPMI are among Indian B-schools Accepting GMAT for 2 year MBA the for Indian candidates for admission to their flagship 2 year MBA programme. Here is the list of Indian B-schools Accepting GMAT for 2 year MBA which is given below:

2 Year MBA college Accepting GMAT score for Indian StudentsName of Flagship 2 Year MBA/PGDM Programme
SPJIMR MumbaiPost Graduate Diploma in Management
IMT GhaziabadPost Graduate Diploma in Management
IMI New DelhiPost Graduate Diploma in Management
Xavier University Bhubaneswar (XUB)MBA- Business Management & other MBA programmes
Great Lakes Institute of Management ChennaiPost Graduate Diploma in Management
T A Pai Management Institute (TAPMI) ManipalPost Graduate Diploma in Management
K J Somaiya Institute of Management Studies & Research, MumbaiPost Graduate Diploma in Management
Goa Institute of Management (GIM) GoaPost Graduate Diploma in Management
FORE School of Management, New DelhiPost Graduate Diploma in Management
Lal Bahadur Shastri Institute of Management, DelhiPost Graduate Diploma in Management
BIMTECH Greater NoidaPost Graduate Diploma in Management
MICA AhmedabadPost Graduate Diploma in Management-Communications
IFIM Business School, BangalorePost Graduate Diploma in Management
SOIL-School of Business Design, GurgaonPost Graduate Diploma in Management

Top MBA Colleges Accepting GMAT Score in World

Candidates who intend to study MBA from overseas must pass the GMAT entrance examination in order to get admission to the world’s top business schools. GMAT scores are accepted for MBA admission in over 114 countries. The following is a list of the best universities in the United States, United Kingdom, Canada, and Australia that accept the GMAT score.

USA 

Here is the list of Top MBA Colleges in USA accepting GMAT Score which is given below:

College NamesAverage GMAT CutoffAverage Fees
Stanford University737INR 87,28,925
Kelloggs School of Management, Northwestern University732INR 96,78,812
Yale University730INR 76,22,490
University of Chicago730INR 106,87,774
University of Pennsylvania730INR 83,98,854

UK

Here is the list of Top MBA Colleges in UK accepting GMAT Score which is given below:

College NamesAverage GMAT Cutoff
London Business School708
University of Cambridge690
University of Oxford690
London School of Economics and Political Science (LSE)708
The University of Warwick660

Canada 

Here is the list of Top MBA Colleges in Canada accepting GMAT Score which is given below:

College NamesAverage GMAT CutoffAverage Fees
University of Toronto665INR 77,26,249
University of British Columbia650INR 43,17,795
McGill University694INR 60,09,543
Université de Montréal625INR 443,723(per session)
York University660INR 64,56,110

Australia

Here is the list of Top MBA Colleges in Australia accepting GMAT Score which is given below:

College NamesAverage GMAT CutoffAverage Fees
University of Melbourne705INR 50,53,123
University of New South Wales650INR 49,73,653.
Australian National University600+INR 23,14,441
University of Sydney600+INR 25,97,644-29,08,232
RMIT University550+INR 21,14,838

Frequently Asked Questions

1. Which all Indian colleges accept GMAT scores?

Ans. MBA Colleges in India Accepting GMAT Score 

The GMAT Score is accepted by 7 IIMs, including the major IIMs of IIM Bangalore IIM Ahmedabad,, and IIM Calcutta. Apart from the IIMs, other MBA Colleges in India Accepting GMAT Score include the Indian School of Business (ISB), the highest ranked Indian Business School at 24th in the Financial Times World Business School Ranking. IIM Bangalore, IIM Ahmedabad, and IIM Calcutta are all among the top 100 Business Schools in India, however they do not reach the same heights as ISB. Here is the list of MBA Colleges in India Accepting GMAT Score which is listed below:

Colleges NamesGMAT Cutoff ScoreAverage FeesAverage Salary Offered
IIM Ahmedabad720INR 21,00,000INR 26,13,000-INR 33,00,000
IIM Calcutta701INR 27,00,000INR 27,80,000
XLRI Jamshedpur710-730INR 23,90,000INR 25,08,000
IIM Indore700+INR 17,09,000INR 23,60,000
IIM Kozhikode700+INR 19,00,000INR 22,50,000
IMT Ghaziabad699+INR 17,50,000INR 10,00,000-INR 15,00,000
MDI Gurgaon680-700INR 21,34,000INR 23,10,000
S.P Jain Institute of Management and Research (SPJIMR), Mumbai650INR 17,00,000INR 25,86,000
IIM Bangalore710INR 23,00,000INR 28,98,000
IIM Lucknow710INR 19,25,000INR 26,00,000
Xavier University (XIMB)550INR 10,80,000INR 15,51,000
IMT Hyderabad500INR 5,00,000INR 7,64,000
Indian Business School, Hyderabad700+INR 37,49,000INR 28,29,000
Xavier Institute of Management and Entrepreneurship600-650INR 5,00,000INR 7,73,000
Amity School of Business450INR 5,88,000INR 6,00,000

2. What is a good GMAT score for MBA in India?

Ans. In India, a GMAT score of 600-720 is considered acceptable. The complete profile of each candidate is taken into account by the majority of top-b colleges.

3. Does IIT accept GMAT scores for MBA?

Ans. GMAT scores are used in over 7,000 MBA and Masters programmes. MBA programmes at IITs can be pursued after passing the GMAT Entrance Exam. Top universities, such as IIT Bombay, accept GMAT scores (650 Cut-off).

4. Does IIM Ahmedabad accept GMAT?

Ans. Applicants may submit their legitimate GMAT scores for consideration in the admissions process. As seen in the table above, the average GMAT score at IIM Ahmedabad is 706. Aside having an excellent GMAT score, the IIM-A requires a minimum AWA (Analytical Writing Assessment) score of 3.5.

5. Is 700 GMAT easy to score?

Ans. A 700 on the GMAT is an achievement that only one out of every eight test-takers accomplishes, thus the trip will most likely be difficult. But it’s also not mysterious: a 700 is the result of a lot of hard effort and strategic thought.

Top MBA Colleges in India Except IIM

Top MBA colleges in India except for IIM

 The management studies field is regulated by the IIMs. Nonetheless, IIMs are not the only management college that offers quality education. In India, there are other top colleges whose quality is deemed the same as that of IIMs.

MBA, being the most popular course amongst the students, can be pursued at several colleges in India excluding IIM. Here is the list of the top MBA colleges in India except IIM according to NIRF 2021 rankings for students who wish to pursue MBA.

The Factors which are considered while listing these Top MBA colleges other than IIM

Are- the best B schools in India

  • Cut-offs
  • Placements
  • Fees
  • Faculty
  • Alumni
  • Academics

Top 50 Non IIM MBA Colleges in India

If you have your mind made up and want to pursue MBA in India then you should definitely check the list of Top 50 Non IIM MBA Colleges in India listed below. In India there are more than  6000 business schools, so it is important to know the best of the options available. 

Let us ask you a question – did all your friends and relatives mention the IIMs when you enquired about top MBA colleges in India? If yes then, this does not come as a surprise, given that all 21 IIMs are in the Top 50 Non IIM MBA Colleges in India.

You should find the best MBA institute for you. It will take time for you to shortlist the right B-schools after taking into account a number of factors. The same reason led us to compile all relevant information regarding top MBA colleges in India in this article.

This includes rankings, locations, MBA programs offered, MBA fees, average salaries, and the entrance exam needed to get an MBA admission to the B-school. Our first focus will be on the Top 50 Non IIM MBA Colleges in India, but we will also examine the top 10 MBA colleges and MBA programs in India. 

Additionally, we will provide you with the top MBA colleges in Bangalore, Mumbai, Hyderabad and Delhi, as well as the top public MBA colleges.

Below we have also mentioned the Top 50 non-IIM MBA colleges in India (Including Top 30, Top 20, Top 5-10)

List of Top 50 Non IIM MBA Colleges in India

1Symbiosis Institute of Business Management, Pune
2Institute of Management Technology,Ghaziabad
3ICFAI Business School (IBS), Hyderabad
4Lal Bahadur Shastri Institute of Management, Delhi
5Institute of Rural Management, Anand
6International School of Business And Media , Pune
6Apeejay School of Management Dwarka, Delhi
7Lexicon Management Institute of Leadership and Excellence, Pune/td>
8Jagan Institute of Management Studies, Delhi
9Jagannath International Managent School(JIMS) Kalkaji, New Delhi
10Institute of Public Enterprise (IPE), Hyderabad
11Dr. D. Y. Patil B-School, Pune
12SIES School of Business Studies,Navi Mumbai
13N. L. Dalmia Institute of Management Studies And Research, Mumbai
13International Institute of Management Studies, Pune
14SIES College of Management Studies, Navi Mumbai
15IIEBM,Indus Business School, Pune
16Universal Business School, Raigad
17Institute of Engineering And Management, Kolkata
17MET Institute of Management, Mumbai
18JIS College of Engineering, Nadia
19Praxis Business School, Kolkata
20Krupanidhi College of Management, Bangalore
21Vignana Jyothi Institute of Management, Hyderabad
22Chetana’s Institute of Management and Research, Mumbai
22MET Institute of Post Graduate Diploma In Management, Mumbai
23Pune Institute of Business Management, Pune
24Durgadevi Saraf Institute of Management Studies, Mumbai
25SDM Institute For Management Development (SDMIMD), Mysore
26Indus Business Academy (Formerly Indian Business Academy), Bangalore
27GL Bajaj Institute of Management And Research PGDM Institute, Greater Noida
28International Institute of Health Management Research, Delhi
29Apeejay Institute of Management & Engineering Technical Campus, Jalandhar
30ISSM Business School, Chennai
31Institute For Technology And Management, Navi Mumbai
31Durgadevi Saraf Global Business School,Mumbai
32Bharatiya Vidya Bhavan Institute of Management Science, Kolkata
33Gitarattan International Business School, Delhi
33Hindusthan College of Arts & Science, Coimbatore
34NSHM Knowledge Campus, Durgapur
35RV Institute of Management, Bengaluru, Karnataka
36Indira Institute of Management PGDM, Pune
36Aditya School of Business Management, Mumbai
37Aditya Institute of Management Studies And Research, Mumbai
38Institute of Management Studies, Ghaziabad
39Symbiosis Institute of Operations Management (SIOM), Nashik
40ICBM-School of Business Excellence, Hyderabad
41NSHM Knowledge Campus, Kolkata – Group of Instituions, Kolkata
42Rajagiri Centre For Business Studies, Kochi
43I.T.S School of Management, Ghaziabad
44Kohinoor Busness School, Mumbai
45Prestige Institute of Management & Research, Gwalior
46M.S. Ramaiah Institute of Management, Bengaluru
47Govindram Seksaria Institute of Management And Research, Indore
48MIMA Institute of Management, Pune
49Chandigarh Business School of Administration, Landran
50International Management Institute , Bhubaneswar

Top MBA universities in India – The top MBA college in India as per the latest NIRF rankings is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4, and IIT-Delhi-DoMS on Number 5.

NIRF 2021 RankingCollege NameAverage Annual Fees (INR)
5Indian Institute of Technology Delhi5,12,000
8Xavier Labour Relations Institute (XLRI), Jamshedpur12,90,000
9Indian Institute of Technology Kharagpur50,000
10Indian Institute of Technology Bombay9,43,000
11Management Development Institute, Gurugram7,03,000
12National Institute of Industrial Engineering, Mumbai2,05,000
13Indian Institute of Technology Madras4,16,000
14Indian Institute of Technology Roorkee10,76,000
16Indian Institute of Technology Kanpur10,76,000
19S. P. Jain Institute of Management & Research, Mumbai10,95,000
20Symbiosis Institute of Business Management, Pune9,62,500
22SVKM`s Narsee Monjee Institute of Management Studies, Mumbai9,39,000
24Great Lakes Institute of Management, Chennai9,12,000
25Indian Institute of Foreign Trade, New Delhi3,22,000
26International Management Institute, New Delhi5,60,000
27ICFAI Foundation for Higher Education, Hyderabad8,00,000
29Amity University, Gautam Budh Nagar5,12,000
30Indian Institute of Technology (Indian School of Mines), Dhanbad12,90,000
31Kalinga Institute of Industrial Technology, Bhubaneswar50,000
32T. A. Pai Management Institute Manipal9,43,000

People also ask –  Top non-IIM MBA colleges in India

1. Can I do MBA without IIM? Best management colleges in India

Ans. FACULTY OF MANAGEMENT STUDIES (FMS), DELHI

Best MBA colleges in India except for IIM (Non-IIM) MBA colleges/programs include the GBO Program at SRCC, FORE (New Delhi), Welingkar, UBS Chandigarh, IFMR Chennai, LBSIM, NIT, NIRMA, FMS-BHU, BIMTECH, XIME, etc.

2. Which college is best for MBA except for IIM?

Ans. Here is the list of top colleges in India apart from IIMs:

  • VGSoM (Vinod Gupta School of Management), IIT Kharagpur. …
  • DoMS, IIT Madras. …
  • DMS, IIT Delhi. …
  • XIMB (Xavier Institute of Management), Bhubaneswar. …
  • IRMA ( Institute of Rural Management Anand), Gujarat. …
  • TAPMI Manipal. …
  • Fore School of Management.

3. Which is No 1 College for MBA in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, and XLRI MDI Gurgaon to name a few.

4. Can I do MBA without clearing the cat?

Ans. No, to be able to get admission to IIM-K, the candidate must have appeared for CAT. IIMs only accept CAT scores. IIMs do not accept scores from other entrance exams or provide direct admissions.

5. Is FMS Delhi good for MBA?

Ans. An MBA degree from FMS enjoys a good brand value as well. It is also regarded as very high by organizations. Both the B-schools have good placement records as well with the average package being more or less the same.

Here is the list of top colleges in India apart from IIMs: Top 20 MBA colleges in India

  1. FMS (Faculty of Management Studies), Delhi-
Exam AcceptedCAT
Courses OfferedMBA
Fees1.92 Lakhs
Average Placement25.6 LPA
No. of Seats287

FMS is considered one of the best B-School in terms of ROI. It is one of India’s oldest colleges, founded in 1954 and owned by the government. To apply in FMS students need to register and fill the application form along with the Rs.1000 application fee payment. Candidates get shortlisted through CAT scores go through Extempore and GD-PI to get admission.

Some of the top recruiters are Flipkart, Microsoft, Airtel, Capgemini ELITE, Amazon, Shell, American Express, IDBI Bank, JP Morgan Chase, Edelweiss Capital, Axis Bank, India Bulls, SBI Capital Services, Cadbury India Limited, Kellogs, ITC, Maruti Udyog Limited, Nestle, TATA Motors, P&G, Whirlpool, Gillette, GSK, IBM Consulting, Wipro, TCS, etc.

  1. S.P Jain Institute of Management & Research (SPJIMR), Mumbai- Top 20 MBA colleges in India
Exam Accepted:CAT, XAT, GMAT
Courses Offered:PGDM
Fees:Rs.17.5 Lakhs
Average Placement:Rs.26.36 LPA
No. of Seats:240

SPJIMR is an independent business school that was created in 1981. It is one of India’s top business schools. It is spread across 40 acres in Andheri West, Mumbai. Shortlisted applicants based on exam results are classified into two groups: profile and profile-cum ranking. They specialize in SCM, Operations, Communications, Database Technology, and Finance. They have a broad student body, and they divide them into categories based on personality and ranking.

Some of the top recruiters at SP Jain are: Pidilite, BCG, Nivea, Paytm, P&G, American Express, Amazon, Mahindra, McKinsey & Company, Bain & Co., Google, Nestle, Microsoft, Goldman Sachs, Tata Administrative Services, Airtel, Hindustan Unilever, Johnson & Johnson, Deloitte, PwC, EY, Uber, Britannia, Bajaj Auto, Castrol, OYO Rooms, Philips, Aditya Birla Retail Limited, Amway, Sterlite Power, Unacademy, Bajaj Finserv, Bajaj Auto, Duff & Phelps, Reliance Industries Limited, Citibank, and IIFL

 3. X.L.R.I (Xavier School of Management), Jamshedpur – Top 20 MBA colleges in India

Exam Accepted:XAT, GMAT
Courses Offered:PGDM
Fees:Rs.16.8 Lakhs
Average Placement:Rs.24.3 LPA
No. of Seats:180

Xavier Labour Relations Institute was the previous name for XLRI. It was founded in 1949. It has been approved by AICTE and is recognized by NBA, AMBA, and AACSB. Specialization is available in business administration, human resource management, and general management. The Institute provides students with box placement assistance and worldwide recognition. Every year, some of the most prestigious corporations come to campus to recruit. They are the finest in the field of human resource management.

TATA Hitachi, TCS, VLCC, ITC, Muthoot Fincorp, Infosys DCG, Dell, ICICI Bank, Trident, Goldman Sachs, Cognizant, Amazon, Axis Bank, L&T ECC, KPMG, Hexaware, HCL, Tech Mahindra, OYO, and Byjus are among the recruiters.

  1. JBIMS (Jamnalal Bajaj Institute of Management Studies), Mumbai – Top 20 MBA colleges in India
Exam Accepted:MAH-CET, CAT, CMAT, MAT, ATMA
Courses Offered:MMS
Fees:Rs.6 Lakhs
Average Placement:Rs.20.13 LPA
No. of Seats:120

This institute was established in the year 1995 and has produced illustrious alumni like Chanda Kochhar, Mani Ratnam, Vinita Bali, Siddharth Roy Kapoor, and many more. JBIMS offers the specializations of Finance, Communications, Operations, systems, and HR. Some of the top recruiters at JBIMS are J.P. Morgan Chase & Co., Goldman Sachs, McKinsey & Company, Hindustan Unilever, The Boston Consulting Group, ICICI Bank, Godrej Consumer Products, Mahindra Group, TATA Group, and Reliance Industries Limited amongst others.

  1. IIFT (Indian Institute of Foreign Trade), New Delhi – Top 20 MBA colleges in India
Exam Accepted:IIFT
Courses Offered:MBA
Fees:Rs.7.6 Lakhs
Average Placement:Rs.18.41 LPA
No. of Seats:420

It was founded in 1963 and is one of India’s top MBA institutes. It is a self-governing business school founded by the Indian government to assist the country in becoming more professional in foreign trade. In 2002, IIFT was designated as a university. They provide an International Business concentration (MBA-IB). They do a paper-based study before moving on to the entrance GD, WAT, and PI. Some of the major recruiters at IIFT are Paytm, Unified Wellness, Polycab, Roland Berger, Aegis Capital, Bata, Axtria, DE Shaw Group, Epik InDiFi, Enhance Group, Export Trading Company, Fermenta Biotech, Field Fresh Foods, Go-MMT, HomeCredit, Lenskart, Rivigo, and Samunnati Finance.

  1. Symbiosis Institute of Management, Pune – Top 20 MBA colleges in India
Exam Accepted:SNAP
Courses Offered:MBA
Fees:Rs.20.5 Lakhs
Average Placement:Rs.17.48 LPA
No. of Seats:180

Symbiosis Pune is a leading B-school in India that was founded in 1978. This privately owned college offers MBA and Executive MBA programs. SNAP shortlisted applicants proceed to the GD-PI for final selection. Marketing, Finance, Human Resources, Operations, Operations Management, and Innovation and Entrepreneurship are among the specializations available. Top recruiters include Accenture, Bajaj Finserv, Google, Shell, Barclays, IDFC Bank, Mahindra Comviva, Mindtree, Reckitt Benckiser, Trafigura Global, Societe Generale, Vodafone, and Walmart.

  1. TISS (Tata Institute of Social Science), Mumbai – Top 20 MBA colleges in India
Exam Accepted:TISS
Courses Offered:MA
Fees:Rs 1.05.Lakhs
Average Placement:Rs.20.06 LPA
No. of Seats:60

TISS was formed in 1986 by J.R.D Tata. Doctoral degrees are available in business and labor relations, disaster relations, development studies, culture, gender studies, human care, law, media and cultural studies, public policy, economic development, and social work at the University. They specialize in human resource management and labor relations. Swiggy, Amazon, Udaan, Taj Group, Wipro, Dell, Walmart, Deloitte, Lodha group, and Arti industries are some of the top recruiters.

8. NMIMS (Narsee Monjee Institute of Management Studies), Mumbai – Top 20 MBA colleges in India

Exam Accepted:NMAT
Courses Offered:MBA
Fees:Rs 18 Lakhs
Average Placement:Rs 14.37 LPA
No. of Seats:540

NMIMS is a deemed university in Mumbai’s Vile Parle. Shri Vile Parle Kelavani Mandal established NMIMS as a Mumbai University-affiliated managerial institution in 1981 with a contribution from the Narsee Monjee Educational Trust. They specialize in marketing, finance, logistics, human resources, and business analytics. NAAC has accredited it. HDFC Bank, DHL Express, SBI Life Insurance, Aviva India, Aditya Birla Insurance Brokers, Max Life Insurance, Goldman Sachs, Citibank India, Kotak Mahindra Bank, ICICI Securities, Future Supply Chain, and Honeywell are among the top recruiters.

  1. MICA Ahmedabad – Top 20 MBA colleges in India
Exam Accepted:MICAT, CAT, XAT, GMAT
Courses Offered:PGDM/PGDM-C
Fees:Rs 20 Lakhs
Average Placement:Rs 12.80 LPA
No. of Seats:216

Mudra Institute of Communication is a self-contained business school that was founded in 1991. It provides higher education in marketing and communications. MICA offers two-year multidisciplinary PG diploma programs. It provides a postgraduate diploma in management and communications as well as a one-year certificate program in creative communication design. Safari, Amazon, Amul, Deloitte, Amway, Citibank, Cactus, Cadillac, Flipkart, USHA, TATA Steel, SONY, RBL Bank, Target, VIP, Raymond, Havells, Samsung, Reliance, Google, and IBM are among the top recruiters in MICA.

  1. NITIE, Mumbai – Top 20 MBA colleges in India
Exam Accepted:CAT
Courses Offered:PGDM
Fees:Rs 6.26 Lakhs
Average Placement:Rs 15.83 LPA
No. of Seats:540

The National Institute of Industrial Engineering was founded in 1963 in the heart of Mumbai. It is one of India’s top business schools. They specialize in PGDIE (Post Graduate Diploma in Industrial Engineering), PGDIM (Post Graduate Diploma in Industrial Management), PGDISEM (Post Graduate Diploma in Industrial Safety and Environmental Management), and PGDMM (Post Graduate Diploma in Manufacturing Management) (Post Graduate Diploma in Manufacturing Management). NITIE’s top recruiters include Maruti Suzuki, Rivigo, Yes Bank, Siemens, and ICICI Bank, among others.

  1. ISB (Indian School of Business), Hyderabad – Top 20 MBA colleges in India
Exam Accepted:GMAT
Courses Offered:PGPM
Fees:Rs 32.82 Lakhs
Average Placement:Rs 21 LPA
No. of Seats:886

ISB is a private business college that was founded in 2001. AACSB has accredited it. It covers an area of 260 acres in the city of Hyderabad. ABP News Network Pvt Ltd, Accenture Solutions Pvt Ltd, Amazon, Amway, Aditya Birla Group, Adani Group, Apple South Asia Pte Ltd, Axis Bank, Airtel, Bajaj Finserv, and Goldman Sachs are among the top recruiters at ISB. Johnson & Johnson, Citibank N.A., Cognizant, Deloitte USI, Flipkart.com, Firstcry.com, Godrej Industries Limited, Google India Pvt Ltd, HDFC Bank, HUL, ICICI Bank, KPMG, and Loreal India Pvt Ltd, among others.

  1. MDI (Management of Development Studies), Gurgaon – Top 20 MBA colleges in India
Exam Accepted:CAT
Courses Offered:PGPM/PGP-HR/PGP-IM
Fees:Rs 19.8 Lakhs
Average Placement:Rs 22 LPA
No. of Seats:420

MDI is a private business school that was founded in 1973. The Gurgaon campus is located on 37 acres of land and has great infrastructure. It is the first business school to receive AMBA accreditation. Shortlisted candidates from the CAT go through GD-PI for the ultimate selection. Deloitte USI, OYO Rooms, KPMG, JP Morgan Chase, Airtel, KPMG, American Express, Accenture, Hinduja Group, Infosys, and Bain Capability Centre are among the top recruiters at MDI Gurgaon.

  1. SJMSOM ( Shailesh J. Mehta School of Management), IIT Mumbai – Top 20 MBA colleges in India
Exam Accepted:CAT
Courses Offered:MBA
Fees:Rs 8.75 Lakhs
Average Placement:Rs 19.06 LPA
No. of Seats:120

SJMSOM, an academic subdivision of IITB, has established itself as a national and international business management school. SJMSOM also provides post-graduate Master of Management (MOM) and Ph. D. programs, as well as an Executive MBA program in collaboration with Washington University in St. Louis, USA. SJMSOM provides students with a well-designed curriculum and training that prepares them to face modern difficulties in their professional lives. 

They specialize in marketing, finance, consulting, supply chain, operations, and information technology. PwC, Accenture, Flipkart, GEP, Google, IBM, Mondelez, Nestle, Proctor & Gamble, Deloitte, Amazon, Cadbury, Axis Bank, Kotak, Yes Bank, JP Morgan Chase, SBI, IBM, Flipkart, Google, Intel, Snapdeal, Bisleri, Colgate, and Tata Global Beverages are among the top recruiters.

  1. IMT (Institute of Management Technology), Ghaziabad – Top 20 MBA colleges in India
Exam Accepted:CAT/XAT/GMAT
Courses Offered:PGDM
Fees:Rs 19 Lakhs
Average Placement:Rs 12.5 LPA
No. of Seats:660

IMT Ghaziabad is one of India’s top business schools, having received the renowned AACSB certification. It has continuously been recognized among the top 10 B-schools by respectable rating organizations such as Business Today and CRISIL, and it has substantial industry relationships in the business school field.

The Institute of Management Technology (IMT) Ghaziabad offers PGDM programs in Marketing, Finance, and Banking, Insurance, and Financial Services (PGDM-BIFS). Deloitte, PwC, Google, L’Oréal, JP Morgan, Britannia, Goldman Sachs, Microsoft, SAP, and Accenture are among the top recruiters at IMT Ghaziabad.

  1. VGSoM (Vinod Gupta School of Management), IIT Kharagpur – Top 20 MBA colleges in India
Exam Accepted:CAT
Courses Offered:MBA
Fees:Rs 11.5 Lakhs
Average Placement:Rs 16.29 LPA
No. of Seats:140

VGSom is a West Bengal Public B-school. It is the first college of management founded under the Indian Institute of Technology in 1993. It was created for managers with extensive technical knowledge. VGSoM was founded on the basis of the Massachusetts Institute of Technology’s Sloan School of Management in the United States (MIT). They specialize in sales and marketing, operations, analytics, consulting, and information technology. HSBC, Trident, Vedanta, Tata Power, IBM, ICICI Bank, JP Morgan, TCS, IBM, Wipro, Infosys, Genpact, Axtria, CRISIL, eBay, Accenture, Kotak, Edelweiss, and Cluster are among the top recruiters.

  1. DoMS, IIT Madras – Top 20 MBA colleges in India
Exam Accepted:CAT
Courses Offered:MBA
Fees:Rs 8 Lakhs
Average Placement:Rs 12.44 LPA
No. of Seats:68

It is one of the top Non-IIM colleges in India. It was established in 2004. The Campus is spread across an area of 600 acres in Chennai. They offer a specialization in HR, Marketing, and Finance. Some of the top recruiters are TATA, Infosys, AG Facilities Solutions, Chalo, Kantar Analytics, Fractal Analytics, Micron Technologies, OSG Analytics, Trexquant, Visual BI, William O’ Neil, ZS Associates, Zycus, Accenture, Amazon, Cisco, Cognizant, Dell, Ford, and McKinsey.

  1. DMS, IIT Delhi – Top 20 MBA colleges in India
Exam Accepted:CAT
Courses Offered:MBA
Fees:Rs 9.6 Lakhs
Average Placement:Rs 18.47 LPA
No. of Seats:115

DMS-IIT Delhi is a prestigious business school located around 320 acres. MBA programs were created by the management studies department in 1993. The UGC and AICTE both concur on this. Currently, the department offers a two-year full-time MBA program (General and focused on Managing Telecommunications Systems). Shell, Amazon, Accenture, Capgemini, EY, GAIL, Deloitte, KPMG, IBM, HSBC, HP, IOC, Cognizant, GE, and Wipro are among the top recruiters.

  1. XIMB (Xavier Institute of Management), Bhubaneswar – Top 20 MBA colleges in India
Exam Accepted:XAT, CAT, GMAT
Courses Offered:MBA
Fees:Rs 17.3 Lakhs
Average Placement:Rs 14.5 LPA
No. of Seats:480

XIMB was founded in 1987. The institute is also noted for routinely conducting research and development operations in partnership with state government ministries. The state government established the Centre of Excellence in Fiscal Policy and Taxation (CEFT). They provide a Business Management concentration. 

The Campus has an area of 20 acres. HCL Technologies, Wipro, IBM, Mindtree, Infosys, Deloitte, UHG, ICICI Bank, PWC, Royal Bank of Scotland, GAIL, Accenture, HSBC, and others are among the top recruiters.

  1. IRMA ( Institute of Rural Management Anand), Gujarat – Top 20 MBA colleges in India
Exam Accepted:CAT/XAT
Courses Offered:PGDRM
Fees:Rs 5.54 Lakhs
Average Placement:Rs 12.84 LPA
No. of Seats:180

The institution was founded in 1979 by Dr. Verghese Kurien. Dr. Kurien is known as “India’s White Revolution Father.” The Swiss Development Cooperation Agency, the Government of India, the Gujarat Government, Indian Dairy Cooperation, and the National Dairy Production Board all helped to develop IRMA. IRMA provides management education that focuses on real-world business difficulties and socioeconomic concerns that marginalized people experience.

IRMA offers graduate and research programs. They also offer the Postgraduate Diploma in Rural Management, the Rural Management Fellow Programme, and the Executive PGDRM. Big Basket, Adani, Godrej, ITC Limited, Mother Dairy, IDFC, ICICI, Vedanta Ltd., Future Group, Grofers, Pidilite Industries Limited, and others are among the top recruiters.

  1. TAPMI Manipal – Top 20 MBA colleges in India
Exam Accepted:CAT, XAT, GMAT
Courses Offered:PGDM
Fees:Rs 14.6 Lakhs
Average Placement:Rs 11.4 LPA
No. of Seats:420

TAPMI is the fifth university to get AACSB (Association to Advance Collegiate Schools of Business) and AMBA (Association of MBAs) dial accreditation, which was established in 1980 by Shri T.A. Pai. TAPMI exchanges students and teachers with Sheffield Hallam University in the United Kingdom, Macquarie University in Australia, and the Asian Institute of Management in Manila. 

They specialize in Consulting, Banking & Finance, Human Resources, and Marketing. Accenture, Dell, Amazon, Flipkart, Zoho, Practo, Radio Mirchi, Goldman Sachs, Citi Bank, CRISIL, IBM, Infosys, HDFC, HSBC, Titan, Salesforce, Tata Motor, Volvo, and others are among the top recruiters.

  1. ITM Business School

Approved by the AICTE, ITM Business School has campuses in Navi Mumbai (Khargar), Warangal, Chennai, Vadodara and Raipur. Established in 1991, the ITM Group’s principal campus is located within the city in Kharghar (Navi Mumbai). Khargar is the name of its campus. Khargar college has been offering education to students for the last 29 years.

It is among the top MBA or PGDM institutions in India. ITM Business School is consistently listed as one of the top B-Schools for MBA/PGDM in Mumbai West Zone, Mumbai, and across the country over the last decade. It is India’s 15th best B-School.

The school offers the PGDM for two years. iConnect program that has more than 1,000 hours of classroom instruction. ITM Business School Navi Mumbai has agreements with Queen Margaret University UK, EMI Normandie France, and Groupe ESSCA France.

It offers all the modern infrastructure that is expected from a world-class institution that provides business education. With a variety of curricular, pedagogical, and extracurricular activities, as well as the infrastructure that is available, the campus provides an ideal environment for every student to develop holistically.

Some of the other Top Non-IIM MBA colleges are- Top 20 MBA colleges you should apply to apart from IIMs

The majority of MBA students aim for their sights on the Indian Institutes of Managements (IIMs) However, of the thousands of applicants, about 500 of them actually are admitted to the elite institutes. In the end, being unable to get into the IIMs isn’t an end in itself. There are many top-ranked MBA institutions in India that offer high-quality education.

A number of the top MBA schools in India provide MBA programs with a range of popular specializations, including niche and new specializations. These institutions are known for their academic programs, infrastructure, pedagogy, faculty, and international exposure, as well as their excellent admissions. Admission requirements for these schools accept a variety of MBA entrance tests like the CAT, MAT and CMAT, XAT, and GMAT.

As we contemplate the top non-IIMs that accept CAT scores, the B-Schools that pop into our mind are:

It’s not easy to pass these top B-schools, which have low CAT percentages. There are other popular B-schools offering similar quality faculty, infrastructure and pedagogy, exposure to international students, and campus location; you should focus your efforts on this academic session regardless what your test score.

With the MBA admissions season getting underway, Shiksha has compiled a list of the top 20 MBA colleges to apply to, aside from IIMs and non-IIMs that are mentioned above.

The admissions process to these MBA schools typically includes:

  • Application form
  • Group Discussion (GD) and Personal Interview (PI)
  • The final selection process of applicants is based on the basis of their score in the entrance exam including GD, PI, GD, and academic record

Top 20+ Non-IIM MBA Colleges You Should Apply To

The following is a list of the top 20 MBA colleges in India that are not IIMs where applicants can pursue an MBA. These institutions feature contemporary facilities, great instructors, an up-to-date curriculum, and a strong placement record.

MBA InstituteMBA FeesTest Scores Accepted
Xavier Labour Relations InstituteRs 23.60 lakhXAT
National Institute of Industrial EngineeringRs 7.62 lakhCAT
Xavier Institute of Management, BhubaneswarRs 20.80 lakhCAT/XAT/GMAT/X-GMT
Department of Management Studies – IIT DelhiRs 8 lakhCAT
Jamnalal Bajaj Institute of Management StudiesRs 3 lakhCAT/MAH-CET
Vinod Gupta School of Management- IIT KharagpurRs 10.51 lakhCAT
T. A. Pai Management InstituteRs 14.60 lakhCAT/XAT/GMAT/MAT
Shailesh J Mehta School of Management – IIT BombayRs 8.32 lakhCAT
Birla Institute of Management Technology, Greater NoidaRs 12 lakhCAT/XAT/MAT/GMAT/CMAT
Institute of Management, Nirma UniversityRs 10.04 lakhCAT

Top MBA Colleges other than IIMs accepting CAT 2021 Scores – Top MBA colleges in India except for IIM

The CAT test is used to get admission to 20 IIMs and other top management schools in India. Apart from IIM, several other MBA institutions accept CAT scores for MBA/ PGDM admissions, including FMS Delhi, DMS, SPJIMR, and many more. The CAT 2021 admissions process has begun in the non-IIMs listed in the article below.

Department of Management Studies, IIT Delhi

The Department of Management Studies, IIT Delhi, better known as DMS, was founded in 1993 and accepts applicants to the MBA program based on CAT scores.

Candidates seeking to IIT Delhi MBA programs must first pass the CAT test. They will then be shortlisted and invited to participate in the online PI round. The selection process for CAT 2021 will commence in the second week of March 2022. For further information, please see the timetable below:

EventDates
Online RegistrationFebruary 3, 2022
Commencement of Online PI roundMarch 7 – March 13, 2022
Final ResultThe first week of May 2022
Commencement of ClassesFourth week of July 2022
  • Eligibility- A graduate degree with a minimum of 60% aggregate marks or a 6.0 CGPA on a scale of 10 is required. Those who fall into the reserved group receive a 5% grade reduction.
  • Cut Off- A percentile over 98 will offer you a good chance of moving on to the next round of admissions.
  • Placements- The maximum domestic compensation provided to applicants in 2019-21 was 33.8 LPA, with an average income of 18.5 LPA.

Fees- 

Programs OfferedFees (Rs)
MBA9.60 Lakhs
MBA Telecommunication Systems Management8.80 Lakhs
Ph.D. Management
Executive MBA in Technology Management10.80 Lakhs

Faculty of Management Studies (FMS), Delhi

FMS, Delhi is ranked first among universities accepting CAT 2021 scores that are not IIMs, as well as in terms of ROI (Return on Investment). CAT scores are used to determine admission to the MBA program. The selection criteria for students are comparable to those used by IIMs. Candidates must now have good sectional scores to be considered for PI rounds at FMS Delhi.

EventDates
FMS Application OpensNovember 23, 2021
FMS Application ClosesJanuary 11, 2022
FMS PI ShortlistLast week of February 2022
FMS PI DateApril 2022
FMS ResultsApril 2022
Course CommencesJuly 2022
  • Eligibility- According to FMS, Delhi, MBA applicants must have a bachelor’s degree in a relevant discipline with a 50 percent aggregate. Candidates from the restricted categories are given a 5% discount.
  • To be eligible for admission to this institute, candidates must have a percentile of roughly 99.
  • FMS has a strong track record of placement. The average package for the 2020-21 batch was roughly 21 LPA. The highest annual overseas package was 1.02 crore, and the highest annual domestic package was 66 LPA.

Fees– 

Programs OfferedFees (Rs)
Executive MBA1 lakh
MBA47,780
Ph.D. Management
Executive MBA in Healthcare Administration1 lakh

Department of Management Studies, IIT Madras

DoMS (Department of Management Studies, Indian Institute of Technology, Madras) is a business school affiliated with the Indian Institute of Technology Madras in Chennai

EventDates
Last date of registrationFebruary 6, 2022
Announcement of shortlisted candidates for GD and PIFebruary 2022
Commencement of GD and PI roundsLast week of March 2022
Final ResultThe first week of May 2022
Commencement of MBAThe first week of June 2022
  • Eligibility- Candidates must have a graduate degree with at least 60% aggregate marks. Those who fall into the reserved group receive a 5% grade reduction.
  • Cut Off- According to the authorities, the CAT cut-off for DMS IIT Madras is 98.2 percentile, and if a candidate can get around this, he or she would have a better chance of being called for PI (Personal Interview) and GD (Group Discussion)
  • Placements- According to the DMS IIT Madras placement report for the academic year 2020, the highest package was 22.15 LPA, with the average package being 12 LPA.

Fees- 

Programmes OfferedFees (Rs)
Executive MBA13 Lakhs
MBA8 Lakhs
MS by Research Entrepreneurship24.80 K
PGP Executive Visionary Leadership in Manufacturing
MS Management24.80 K
Ph.D. HR and Organizational Behaviour
Ph.D. Operations Management
Ph.D. Marketing
Ph.D. Integrative Management
Ph.D. Information Systems

S P Jain Institute of Management and Research (SPJIMR), Mumbai

SP Jain Institute of Management and Research is a private business school connected to Bharatiya Vidya Bhavan.

  • Eligibility- Those seeking admission to the PGDM program at SPJIMR must have a bachelor’s degree in the appropriate subject with a minimum of 50% marks. Work experience is not required. However, if obtained, it may serve as an additional benefit.
  • The cut-off for admission to SPJIMR, Mumbai is 85 percentile in the CAT 2021.
  • Placements- According to SPJIMR placement records, the average CTC provided to candidates in the most recent placement session was 20.9 LPA.

Fees- 

Programmes OfferedFees (Rs)
PGDM17.50 Lakhs
FPM
Post Graduate Executive Management Programme8 Lakhs
Post Graduate Management Programme for Women10.95 Lakhs
Post Graduate Programme in Development Management1.50 Lakhs
Post Graduate Programme in Family Managed Business11.50 Lakhs
Post Graduate Programme in Management18.65 Lakh

Shailesh J. Mehta School of Management, SOM, IIT Bombay

Shailesh J Mehta School of Management, Indian Institute of Technology, Bombay is a public business school founded in 1995 as part of the Indian Institute of Technology Bombay.

The admission process for the institute’s management program is divided into two stages. Passing CAT 2021 with a minimum sectional and aggregate percentile. They will then be shortlisted for the Personal Interview phase.

EventDate
Last Date of Online RegistrationFebruary 3, 2022
Announcement of shortlisted candidates for PIFebruary 17, 2022
Commencement of PI roundMarch 2- 6, 2022
Final ResultThe first week of May 2022
  • Eligibility- The candidate must have a graduate degree with a minimum of 60% aggregate or 6.5 CGPA on a scale of 10. Reserved category candidates are given a relaxation of 5% marks or 6.0 CGPA on a scale of 10.
  • Cut Off- As per admission criteria 2022-24, the minimum cut-off for shortlisting candidates is 90 percentile for general category candidates, 81%ile for NC-OBC, and 60%ile for SC/ ST/ PwD candidates.
  • Placements- In the previous placement session, the maximum domestic package was 29.9 LPA and the average package offered was 17.63 LPA.

Fees- 

Programs OfferedFees (Rs)
MBA8.30 Lakhs
Ph.D. in Management

Management Development Institute, Gurgaon

The Industrial Finance Corporation of India founded the Management Development Institute, Gurgaon in 1973, and it is located in Gurgaon.

  • Eligibility- Candidates must have a graduate degree with a minimum aggregate of 50%.
  • Cut Off- The MDI Gurgaon CAT 2021 cut-off is predicted to be between the 93 and 96 percentile.
  • Placements- According to MDI Gurgaon’s placement data, the highest CTC provided to a candidate in the PGPM program was 28.74 LPA, with an average CTC of 19.25 LPA.

Fees–

Programs OfferedFees (Rs)
PGDM National Management Programme12.80 Lakhs
PGPM18.48 Lakhs
PGP Public Policy Management6.76 Lakhs
PGP International Management23.58 Lakhs
PGP Human Resource Management18.48 Lakhs
PGP Energy Management12.21 Lakhs
PGDM Executive Management Programme Part-Time9.48 Lakhs
FPM

Institute of Management Technology, Ghaziabad

It was founded in 1980 and is also known as IMT Ghaziabad. IMT is a totally autonomous institution that provides a variety of management postgraduate, PhD, and executive degrees.

  • Admission Process- Admission to India’s one of the best Management schools is made based on CAT/XAT scores. Candidates clearing the cut-off will be called for further interviews and Group Discussion rounds
  • Eligibility – Aspirants must have a bachelor’s degree with a minimum of 50% aggregate marks in any discipline. 
  • Cut Off – IMT cut-off for CAT is around 93 Percentile and for XAT is around 90 Percentile.
  • Placements – In the 2020 placement session, the highest domestic offer to the candidate was 25 LPA and the average CTC was 11.26 LPA

TA Pai Management Institute, Manipal

T.A. Pai Management Institute (TAPMI) is an independent private business school in India. It was founded in 1980 and is located in the Karnataka university town of Manipal. After the Indian School of Business, it is the second B-School in India to get worldwide accreditation from the Association to Advance Collegiate Schools of Business (AACSB).

  • Admission Process- TAPMI adopts a two-stage process for admitting candidates to its PGDM Program. Valid CAT/XAT/GMAT scores are mandatory prerequisites to qualify for the admission process consisting of WAT/Personal Interviews. Here is the list of important dates for TAPMI, Manipal:
EventsDetails
PI shortlist releaseFebruary 2022
Commencement of PI roundFebruary/ March 2022
Final ResultMay 2022
Commencement of ClassesJune/July 2022
  • Eligibility- Candidates must have a graduate degree with a minimum of 50% aggregate marks.
  • Cut Off- CAT 2021 Cut off for MBA admission in TAPMI is 85 percentile. The cut off is the same for admission through XAT 2022.
  • Placements- As per the placement reports 2021, the highest CTC offered was 25 LPA and the average CTC was 11.20 LPA. 

Fees- ​

CourseFees
MBA16.00 lakhs
MBA (BKFS)16.00 lakhs
MBA (HRM)16.00 lakhs
MBA (Marketing)16.00 lakhs

National Institute of Industrial Engineering (NITIE Mumbai)

The National Institute of Industrial Engineering (NITIE), formerly known as the National Institute for Training in Industrial Engineering, is a Mumbai, India-based institute located in Powai, near Vihar Lake. The following are some important facts regarding the institute.

  • Eligibility- Candidates with at least 60% marks in any relevant discipline will be eligible for admissions. A relaxation of 5% marks will be given to reserved category candidates.
  • Cut Off- CAT cut-off for the institute is expected to be above the 90 percentile.
  • Placements- According to the placement reports, the highest CTC offered was INR 37 LPA and the average CTC was 15.82 LPA
EventDate
NITIE Registration openSeptember 27, 2022
NITIE Registration ClosesJanuary 31, 2022
Commencement of GD and PI roundsMarch 23, 2022
Final ResultApril 2022
Commencement of ClassesMay 2022

Xavier Institute of Management, Bhubaneswar (XIMB)

XIMB is a business school in Odisha that was founded in 1987. MBA programs are available at the institute in a variety of fields.

  • Admission Process- The selection is made based on the scores in exams XAT/CAT/GMAT and it includes Written Ability Test and Personal Interview (which factors in the past academic record and relevant work experience).
  • Eligibility- A bachelor’s degree in the relevant field with a minimum of 55% aggregate must be acquired. Additionally, candidates must have work experience of a minimum of 3 years. 
  • Cut Off- For CAT aspirants it is good to score a percentile around 94 and for XAT candidates the cut off for the same course is around 95%.
  • Placements- The highest domestic salary offered to the candidates was 20 LPA and the average CTC offered was 12.44 LPA.

Loyola Institute of Business Administration (LIBA), Chennai

The Society of Jesus (Jesuits) created the Loyola Institute of Business Administration (LIBA) in Chennai, Tamil Nadu, India, in 1979. It is administered by the Loyola College Society and is located on the campus of Loyola College in Chennai.

  • Admission Process- Candidates will be shortlisted based on their CAT/XAT scores. The shortlisted candidates will be called for group discussion and interview for final selection at Bangalore, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai. The admission dates for the MBA program have not been declared yet. Collegedunia will update them as soon as they are out. 
  • Eligibility- Candidates must have a graduate degree with a minimum of 60% aggregate marks. 
  • Cut Off- CAT Cut Off for admissions is above 85 percentile and for XAT its 90 percent

Top MBA Colleges Other than IIMs As Per NIRF Ranking 2021

MBA aspirants can find below the list of the Top 30 Management Institutes based on the rankings of the National Institute Ranking Framework (NIRF).

NIRF Ranking 2022Name of the institute
1Xavier Labour Relations Institute
2Indian Institute of Technology Delhi
3Indian Institute of Technology Bombay
4Indian Institute of Technology Roorkee
5Management Development Institute
6S. P. Jain Institute of Management & Research
7National Institute of Technology Tiruchirappalli
8Great Lakes Institute of Management
9Symbiosis Institute of Business Management
10SVKM’s Narsee Monjee Institute of Management Studies

Frequently Asked Questions:

Q. What are the best MBA colleges in India other than IIM?

Ans. The best 20 MBA Colleges in India other than IIMs are given in the article above. This also includes – 

  1. Xavier Labour Relations Institute (XLRI), Jamshedpur.
  2. Indian Institute of Technology, Kharagpur.
  3. Indian Institute of Technology, Bombay.
  4. Management Development Institute, Gurugram.
  5. National Institute of Industrial Engineering, Mumbai.

Q. Which is the No 1 College for MBA in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, and XLRI MDI Gurgaon to name a few.

Q. Is MBA and IIM the same?

Ans. All IIMs offer a two-year full-time Post Graduate Programme in Management (PGP), equivalent to a Master of Business Administration (MBA) degree. The program is considered the flagship program of IIMs and awards the Master of Business Administration (MBA) to successful candidates.

Q. How do I choose a good college MBA?

Ans. Parameters to Choose Right MBA College in India

  1. Your Career Plan. First and foremost, know what your career plan is and what you want from your MBA college. 
  2. Make a List. 
  3. Colleges Accreditation. 
  4. Faculty. 
  5. Pedagogy & Curriculum. 
  6. Additional Relevant Certifications & Programs. 
  7. Infrastructure.
  8. Legacy of the College.
  9. Placements etc. 

Q. What are the fees of an MBA in IIM?

Ans. IIM Fee Structure and Seats – IIM fees for the MBA program range between Rs 10 lakh to 23 lakh for its complete course. The top three IIM fees i.e. Ahmedabad, Bangalore, and Calcutta are the highest which is Rs 23 lakh. However, the newer IIM MBA fee structure for MBA is under Rs 12 lakh.

Q. What is cut off for IMT Ghaziabad?

Ans. IMT Ghaziabad CAT Cutoff 2022

IMT CampusXAT Percentile
IMT Ghaziabad90
IMT Nagpur80
IMT Hyderabad70

Q. Which is difficult CAT or GMAT?

Ans. Comparison of the relative difficulty

The GMAT has a very well-defined syllabus and question types, thus it is easier to prepare for GMAT than the CAT. It is possible to score 700+ on the GMAT with 90 – 120 hours of dedicated preparation.

Q. How do I apply for FMS MBA?

Ans. The shortlisting for the final selection round in FMS Admission Criteria awards 100% weight to CAT 2021 score. Check the official website for admission details or contact Formfees for the latest updates.

FMS MBA BatchFMS MBA FeeAverage Placement Package (Rs.in Lakhs)
2018-20Rs.25,00025.6 LPA
2019-21Rs.1.92 Lakhs26.20 LPA
2020-22Rs.1.92 lakhs32.40 LPA

Q. Which is the best MBA Institute 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. How can I know which college is the finest for an MBA?

Ans. When selecting an MBA institution, candidates should consider the following factors: government recognition, degree/diploma, curriculum and pedagogy, infrastructure, ranking, location, fees, and placement record.

Q. Which are the best MBA programs in India?

Ans. IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more are among the best MBA institutions in India.

Q. What is the average cost of an MBA in India?

Ans. The average tuition price for India’s best MBA institutions is around INR 10,68,413.

Related Videos

Low Fees Top MBA Colleges in India

Low Fees Top MBA Colleges in India

The best MBA colleges offer high ROI MBA programs with low fees in India. FMS, JBIMS, SIMSREE, PUMBA, USMS, and more Top B-Schools in India provide inexpensive MBAs. Some of them do not need you to take the CAT exam. They charge fees ranging from Rs.25000 to Rs.15 Lakhs for the whole MBA program, as opposed to many of the more expensive MBA universities, which charge fees ranging from Rs.18 lakhs to Rs.25 lakhs. This blog analyses the most competitive top MBA colleges offering 2-year full-time MBA/PGDM programs.

Top MBA colleges with low fees in India are distributed throughout the country and charge a fee from Rs.25000 to Rs.15 Lakhs for the full MBA curriculum. The only way to get into a top MBA institution is to do well on the entrance exam, such as the CAT/XAT/CMAT/MAH CET, and to apply for other needed academic requirements.

Top MBA Colleges with Low Fees in India

Among the top MBA colleges with low fees, the Delhi University School of Management Studies (FMS) is the top low-fee MBA college. Following are some of India’s ten lowest MBA college fees:

Top MBA college with Low FeesProgram FeeEntrance Exam Accepted
Faculty of Management Studies (FMS) Delhi – University of DelhiRs. 25,000CAT conducted by IIMs
Delhi School of Economics, Delhi UniversityRs. 31,000CAT conducted by IIMs
GGSIPU, DelhiRs. 56,000Own Entrance exam in April
PUMBA, PuneRs.1,34,000MAH CET/CAT/CMAT
SIMSREE, MumbaiRs.1,36,000MAH CET/CAT/CMAT/XAT
Jamnalal Bajaj Institute of Management Studies (JBIMS)Rs.6,00,000MAH CET/CAT/CMAT/XAT

MBA Colleges with Low Fees  – Other MBA Colleges with Low Fee

Apart from the above top MBA colleges with low fees, there are other top low-cost MBA colleges in India. Any of these MBA colleges with low costs are:

MBA college with Low FeesProgram FeeEntrance Exam Accepted
Ambedkar University, DelhiRs.2,99,880CAT/AUD MBA Entrance Test
Delhi Technical University (Formerly Delhi College of Engg.)Rs.3,56,000CAT conducted by IIMs
NITIE MumbaiRs.14,63,000/-CAT conducted by IIMs
SJMSOM-IIT BombayRs.10,35,000/-CAT conducted by IIMs

The very first feature of MBA colleges with low fees is that they deliver a low-fee university MBA. All of India’s leading B-schools that provide low-cost MBAs are associated with or run by Delhi University, Mumbai University, GGSIPU University Delhi, Delhi Technical University, and others. Any of the 20 IIMs is among the top 50 B-schools in India offering low-cost MBA programs.

Top MBA colleges in India include IIM Ahmedabad, IIM Calcutta, XLRI Jamshedpur, IIM Lucknow, IIM Indore, etc as per the NIRF rankings as well as other B-School surveys such as India Today and The Times. The best MBA colleges in India offer Regular MBA, Online as well as Distance MBA. In India, there are 4736 top MBA colleges amongst which 710 are government and 3969 are the best private MBA colleges in India.

Lowest MBA fees in India – Register now for the latest MBA Exam & Admissions Updates

Top MBA college with Low FeesProgram Fee
Faculty of Management Studies (FMS) Delhi – University of DelhiRs. 1,94,000
Delhi School of Economics, Delhi UniversityRs. 32,000
GGSIPU, DelhiRs. 59,000
PUMBA, PuneRs. 1,34,000

Top low fees MBA colleges in India charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 years of full-time residential MBA or PGDM program. Best MBA colleges with low fees like IIMs, XLRI, MDI, and SPJIMR have a fee structure between 17 lakhs to Rs.24 lakhs. Some of the top B-schools in India offering affordable MBA with low fees are either affiliated to or are the management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University among others. To get admission to a top MBA college with low fees, you should score high on the entrance exam like CAT/XAT/CMAT/MAH CET and have excellent academics/work experience. This article from MBAUniverse.com presents the best MBA colleges with low fees in India and will guide you in taking the right MBA admission decision. Minimum fees for MBA is from Rs. 50,000 to Rs. 10 Lakhs for a 2-year full-time residential MBA or PGDM program. 

Top MBA colleges with low fees structure is given below in the article, which are known to be providing amazing placement opportunities, some of the good MBA colleges with low fees are Bangalore University, Pune University, Panjab University etc. 

What are the Top MBA colleges with low fees in India? It’s one of the frequently asked questions we come across and this article provides you with the latest information on the Best B-Schools and the last dates to apply for their courses. Top MBA Colleges in India With Low Fees. Faculty of Management Studies is one of the top-ranking management institutes in India which offer MBA courses at the cheapest prices starting at Rs 20,960 only. It is one of the best MBA colleges in India with low fees.

It is not easy to get into the top MBA colleges in India, as the competition increases more and more and seats in these best MBA colleges in India shank every year. Every student dreams to study at the top 10 MBA colleges in India like IIMs but only a percent gets selected, Being an MBA aspirant the first thing one looks for is the number of intakes in the flagship program in order to assess the chance of securing admission in these MBA colleges. Although there are many top MBA colleges divided into tiers as top 10 MBA colleges in India consist of the best institutions in India, which we have talked about in this article. But in some cases, we can also get the best colleges for MBA even if you have a lower percentage through CAT some other best colleges for MBA in India accept 50 – 60 Percentile in CAT 2021.

  1.       Shanti Business School (Ahmedabad)
  2.       Institute of Marketing & Management (New Delhi)
  3.       Karnavati University (Gandhinagar)
  4.       Narayana Business School (Ahmedabad)
  5.       ASM’s Group of Institutions (Pune)
  6.       Universal Business School (Karjat)

 Management aspirants strive to get into a top B-School of their choice. Unfortunately, things don’t always go as planned. Candidates must remain positive despite such setbacks. Numerous MBA colleges in India offer world-class management education and excellent placement opportunities. In case you are not able to get into your preferred institute, start looking for the next best option. There are over 3,500 MBA colleges in India, so choosing the right one can be a difficult task. tier 2 colleges in India are also worth considering in addition to Tier 1 institutions that are highly ranked in India.

The tier 2 colleges in India are well equipped with modern infrastructure, some are pocket-friendly, and have good faculty and placement cell. Some of the private tier 2 MBA institutes also offer exchange programs with foreign universities. These institutes are also ranked in the top 50, in the MBA institute ranking order. Most of them select candidates on the basis of common entrance exams like CATXATCMATSNAP, MAT, MAH-CET, and GMAT, so the candidates do not have to appear for a separate exam.

A lot of students mix up the meaning of applying for an exam and applying for a B-School. There is a difference. 

By applying for certain exams, you are automatically applying for the colleges as well, like CAT for IIMs, IIFT for its namesake, XAT for XLRI, etc.

Another option is to apply to a private institution that accepts CAT/GMAT scores, but those applications are quite different. There is a different application process for these institutes than for CAT or XAT, for example. Many things need to be taken care of, including different deadlines, fees, and programs to apply for.

Hence, to make things clearer, this blog article discusses the top MBA colleges in India, without getting into details such as the cut-offs, fees, CTCs etc. You will find a list of colleges and a short note on how one should select colleges to apply to.

As a compilation, we have gathered details on the Top MBA colleges in India including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Indore according to the MHRD-NIRF rankings 2021. Other popular B-Schools such as XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management, and Department of Management Studies of the IITs also rank among the top MBA colleges in India as per the NIRF rankings as well as other B-school surveys such as by India Today, Outlook and Business Today.  

Among the MBA best colleges in India, a few of them are also usually ranked as the best among all globally. For example, In the Asia-Pacific B-Schools ranking 2021 by Bloomberg Businessweek the ISB has been ranked at fifth position while IIM Bangalore has been ranked sixth.

TOP B schools in India: IIM Ahmedabad, IIM Bangalore, and SPJIMR have also been ranked among the global top 50 institutes in the latest Financial Times Masters in Management (MiM) Rankings 2021 MBA in India. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th and IIM Bangalore has been ranked 47th. Read below all about MBA rankings and the best MBA colleges in India.

Top MBA Colleges in India: Highlights

ParametersParticulars/ Statistics
No. of MBA Colleges in India5,000 (Approximately)
Fees-Annual fee < Rs 10 lakh: 6%
– Annual fee >Rs 10 lakh: 94%
Top SpecialisationsGeneral Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism
Admission ProcessEntrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP
Top MBA Colleges in IndiaIIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc.

Two-year MBA programs are a great way to get into a variety of entrepreneurial and job opportunities. This program provides essential knowledge and training in operations and business administration that is necessary for the management of an organization. As well as developing communication skills and leadership qualities, the MBA program also helps to develop leadership qualities.

MBA is open to students from all backgrounds, including Commerce, Science, and Humanities. Full-time MBAs are the most popular. They include theory classes, practical projects and internships. A full-time MBA is available to both fresh graduates and candidates with some work experience. Over 5,000 Indian MBA colleges offer this course in various specializations. Some schools offer an MBA degree, while others offer a PG diploma (PGDM/PGPM).

MBA Colleges in India Eligibility Criteria

MBA students must have graduated from an accredited university. However, for niche specializations, the minimum score may be different.

  • As a minimum requirement for a full-time MBA, candidates must have graduated in any discipline or equivalent from an accredited university.
  • The AICTE stipulates that most institutes must meet the minimum score requirements for graduation. Students from reserved categories are eligible for five percent relaxation and 50 percent aggregate.
  • Professional degree holders, such as MBBS/CA/CS/ICWAI, etc. You may also be eligible to pursue an MBA

Top Government MBA colleges in India with low fees

  • Faculty of Management Studies (FMS), Delhi University Faculty of Management Studies is among the most prestigious management schools in India that offer MBA classes at the most affordable cost beginning with the price of INR 1.92 Lakhs only. It is among the most sought-after institutions for MBA in India that is associated to Delhi University. The procedure for selection at the institute comprises the CAT scores as well as Personal Interviews. The average salary offered in the campus selection this year is the sum of INR 32.4 LPA.
    Companies like Deloitte, OLA, PwC, L’Oreal, Info Edge, Adobe, Google, Amazon etc. provide internships to students of FMS.
    Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
    JBIMS was established in 1965 and is affiliated to the University of Mumbai. It is a non-profit institution that offers full-time and part-time MBA programs. The institute also offers a wide range of other programs, however, MBA is among the most well-known courses at JBIMS. The current cost structure is in the range of INR 1.52 lakh to seven lakh for the duration of two years of the MBA program. The college accepts scores from CAT and MAH CET or MAT and ATMA. The school is in the best 10 colleges for B-schools within India with a huge number of alumni working as CEOs. The median salary for the students is approximately INR 27.63 LPA.
    Companies that apply for placements in JBIMS are McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc.
  • Tata Institute of Management Studies (TISS), Mumbai
    TISS, Mumbai is another management school that offers top-quality MBA education for a reasonable cost. Admissions to TISS are made by TISSNET scores. TISSNET score, which is an examination which is conducted by the institute. The cost for the MBA program offered at TISS costs the equivalent of INR 1.02 Lakh and the average wage from the course of the course was the sum of INR 19.62 LPA in 2021.
    Companies like Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, Wipro, and many more. provide job opportunities to MBA alumni of TISS.
  • Department of Management Sciences, Pune
    Pune University Department of Management Sciences (PUMBA) is affiliated with Pune University and has course fees of INR 1.29 Lakh to INR 1.33 Lakh. The college accepts scores of exams like CAT/XAT/MAT/CET/ATMA/MAH CET for the admission to various MBA courses and offers placements with an average salary of INR 7.6 LPA.
    Axis Bank, E-serve, Bee Management, ONGC, Thermax, SBI Life, etc. are some of the companies that provide placements to students who are studying at this college.
  • Department of Financial Studies, Delhi University
    The institute offers admissions according to the score of the CAT exam that is administered by IIMs. The cost for pursuing the MBA at this school can be $26,000 in two terms. Department of Financial Studies is renowned for offering the highest ROI. The salary offered at this institution ranges from the equivalent of INR 13.3 LPA and the top salary was INR 26 LPA during the year 2020.
    Companies like DE Shaw, American Express, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, Ministry of Finance etc. are among the most sought-after recruiters for MBA graduates.
  • Christ University, Bangalore
    Christ International (Deemed to be University) was founded in 1969. The university offers a variety of post-graduation programs. The school offers a range of MBA specializations like Business Analytics Marketing, Business Analytics, etc. Students who undertake exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission into this prestigious and premium university. The tuition for admission ranges from approximately INR 6.75 Lakh – INR 21.82 Lakh. The median salary after an interview is around 10.5 LPA. 20.5 LPA.
    AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte, and Dabur are among the major companies that come to the campus to conduct placements and offer lucrative salaries to graduates.
  • Delhi Technical University (DTU), Delhi
    DTU offers two-year full-time MBA courses Admissions to the MBA programs are determined by the score of the CAT exam. It’s a 75-year-old and boasts one of the top MBA faculty in India. This is one of the universities that provide an MBA for a very low cost that ranges from the range of INR 3.96 Lakh – INR 4.19 Lakh. The median salary here ranges from approximately 22 LPA. Companies like Google, Uber, Amazon, Facebook, Bloomberg, and many more. offer placements to DTU students who have graduated.

Aspirants who wish to pursue an MBA must first make a list of colleges that they wish to get into. They must make a decision based on their choice of specification and their budget and not be carried away with the flow. Below is a list of some other colleges along with the courses offered, that have a low fee structure.

B-schoolCourse Name*Fees
International School of Management and Research- ISMRMBAINR 3.44 L – 6.5 L
SIMSREE, MumbaiPost Graduate Diploma in Business ManagementINR 69,000
CU – Chandigarh UniversityMBA Tourism and Hospitality ManagementINR 57.8 K – 6.04 L
Indira Institute of Management – IIMPMBAINR 4.4 L – 8 L
ASM’s Institute of Business Management and Research-IBMRMBAINR 3 L – 6.5 L
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L – 20.16 L
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L – 5.9 L
MIT Pune – MIT World Peace UniversityMBAINR 3.5 L
DBS – Doon Business SchoolMBA International BusinessINR 5.15 L – 9.79 L

Best MBA colleges in India with low fees without CAT

Many colleges in India offer MBA programs at a minimal cost. These courses are delivered based on entrance examinations conducted by the individual university. Here is a list of the Best MBA colleges in India with low fees without CAT

Serial No.Name of CollegesFee Structure
1Guru Gobind Singh Indraprastha University [GGSIPU]INR 56,000
2Bangalore UniversityINR 66,000 to 75,000
3Visvesvaraya Technical University [VTU]INR 56,000 to 65,000
4Dr. B.R. Ambedkar UniversityINR 2,99,880
5University Business School – Panjab UniversityINR 50,000- 96,345
6Sydenham Institute of Management Studies, Research & Entrepreneurship Education [SIMSREE]INR 1,36,000
7Tata Institute of Social Sciences [TISS], MumbaiINR 1,14,600
8Department of Management Sciences, University of Pune [PUMBA]INR 1,34,000
9Jamnalal Bajaj Institute of Management Studies [JBIMS], MumbaiINR 6,00,000
10Pune Institute of Business Management, PuneINR 7,95,000

Given below is a summary of the Best MBA colleges in India with low fees without CAT

Guru Gobind Singh Indraprastha University [GGSIPU]

Guru Gobind Singh Indraprastha University, also known as GGSIPU, was established under the Guru Gobind Singh Indraprastha University Act, Government of Delhi, in 1998. It is accredited through the Association of Indian Universities [AIU as well as The University Grant Commission [UGC]. GGSIPU has been recognized by UGC and is accredited by the NAAC. The university provides undergraduate, postgraduate, and doctoral degrees. Alongside the highest quality education, it also grants students with financial aid.

Bangalore University

Bangalore University was established in 1964 in order to provide a class-apart curriculum to students enrolled in various courses. It is one of the top institutions in India and has been approved by NAAC which is recognized and endorsed by UGC. It offers a range of undergraduate and postgraduate classes in the fields of arts, social sciences and commerce, science technology, law and. MBA can be considered among the most choices of courses.

Visvesvaraya Technical University [VTU]

VTU is among the top universities in India which offers programs in engineering and technical research, education, and innovation since the beginning of its existence at the end of 1998. VTU includes 219 college affiliated as well as one constituent college, and 17 autonomous colleges. It offers 35 undergraduate courses and 94 postgraduate programs that are in the Engineering discipline as well as the MBA program. Admission to courses is determined by admission tests.

Dr. B.R. Ambedkar University

Dr. B.R. Ambedkar University (Ambedkar University Delhi or AUD) was established by the Government of the National Capital Territory of Delhi through an Act of Legislature in 2007. The main purpose of this university is to promote respect for the diversity of society and to promote honesty, humility, dedication for human values, collaboration, and openness. AUD offers admission to a variety of undergraduate and postgraduate programs.

In addition, there are 44 seats available to MBA programs. Candidates must achieve at least 50% on their final exams to be eligible for admission.

University Business School – Panjab University

University Business School (UBS) has been offering management courses for decades, since its inception around 1995. UBS has always been ranked among the best management schools across India. In addition, the University Grant Commission recognizes UBS. UGC has provided funding to its University Business School under its famous ASIHHS Program.

The admission to MBA program is granted upon passing the entrance test administered through Panjab University and based on your performance during the GD round.

Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE)

SIMSREE is well-known for the high-quality training it has provided since its founding at the age of 1983. It is accredited through the All India Council for Technical Education. It offers courses in a variety of management disciplines, based on admission tests. In order to be eligible for admission to MBA programs, students must be able to score at least 55% overall from any accredited institution or comparable.

Tata Institute of Social Sciences [TISS]

The institute was initially founded in 1936, the institute was initially named Sir Dorabji the Tata Graduate School for Social Work, the school in 1936, the school was changed in 1934 to the Tata Institute of Social Sciences in 1944. The primary goal that the Institute has is to provide higher education to an ever-changing society. It has been acknowledged through The University Grants Commission Act (UGC) since 1956. It offers postgraduate and research programs.

Department of Management Sciences, University of Pune [PUMBA]

Since its inception around 1971 Since its inception, the Department of Management Sciences, University of Pune (PUMBA) has helped shape the future of students by offering top-quality training and facilities. PMBA is acknowledged as a university by the University Grants Commission (UGC) as the University of Potential Excellence.

Admissions to the various MBA programs are made via entrance exams. Students must achieve at least 50% of their total score in order to be considered for admission.

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

JBIMS was founded in 1965 and is affiliated with the University of Mumbai. JBIMS is endorsed through the All India Council for Technical Education . It is a member of the All India Council for Technical Education [AICTE]. The goal of JBIMS is to sustain high standards and help young minds develop into professional leaders. The institute organizes various seminars and has guests, and lecturers, to enhance the education of students. It is also one of the top B-schools in the entire country.

Pune Institute of Business Management [PIBM]

Since its beginning in 2007 Pune Institute of Business Management is among the top management schools in Pune. In the past students have favored admissions to this institution over other institutions. The institute is associated with Savitribai Phule Pune University (SPPU) and is accredited by NAAC. It provides MBA, PGDM, and PGDM Executive courses in various areas of specialization. Additionally, it organizes a variety of seminars, summits, and digital courses.

Best MBA colleges in India with low fees without CAT admission tests provide individuals with identical educational opportunities as those who have CAT scores. CAT scores, on the other hand, are generally recognized, but with the tremendous growth in competition, no one student can pass the CAT exam. As a result, they look for MBA programs that do not need the CAT.

Furthermore, MBA course expenses are often on the pricier side. It might be difficult for students to organize course costs at times. However, there are certain colleges that provide direct admission to pupils.

Top 50 Business Schools in India List | Top 50 Business Schools in India

Top 50 Business Schools in IndiaTop Management Colleges in India
1Indian Institute Of Management, Ahmedabad
1Indian Institute Of Management, Kolkata
1Indian Institute Of Management, Bengaluru
2Indian School Of Business, Hyderabad
2Faculty Of Management Studies, University Of Delhi, Delhi
2Indian Institute Of Foreign Trade (IIFT), New Delhi
2Indian Institute Of Management, Lucknow
2Xavier Labour Relations Institute (XLRI), Jamshedpur
3S P Jain Institute Of Management And Research (SPJIMR), Mumbai
3Management Development Institute (MDI), Gurgaon
3Indian Institute Of Management, Indore
3Indian Institute Of Management, Kozhikode
3Jamnalal Bajaj Institute Of Management Studies, Mumbai
4Shailesh J Mehta School Of Management, (IIT Mumbai), Mumbai
4Dept. Of Management Studies, (IIT Delhi), New Delhi
4Indian Institute Of Technology, (IIT) Kharagpur
4Symbiosis Centre For Human Resource Deveopment (SCMHRD), Pune
4Mudra Insitute Of Communications (MICA), Ahmedabad
5Indian Institute Of Management, Tiruchirappalli
5Indian Institute Of Management, Udaipur
5Indian Institute Of Management, Ranchi
5Symbiosis Institute Of Business Management, Pune
5Indian Institute Of Management, Rohtak
5Indian Institute Of Management, Raipur
6NMIMS School Of Business Management, Mumbai
6Indian Institute Of Management, Visakhapatnam
6Indian Institute Of Management, Shillong
6Indian Institute Of Management, Kashipur
6Indian Institute Of Management, Nagpur
6Instutite Of Management Technology (IMT), Ghaziabad
6International Management Institute (IMI), New Delhi
7MHRM Department Of Humanities And Social Science, (IIT Kharagpur), Kharagpur
7Dept. Of Management Studies (IIT Roorkee), Roorkee
7University Business School (UBS), Punjab University, Chandigarh
7Department Of Business Economics, University of Delhi, Delhi
7FORE School Of Management, New Delhi
7Xavier Institute Of Management, Bhubaneswar
7Sydenham Institute Of Management (SIMSREE), Mumbai
8Indian Institute Of Management, Jammu
8Indian Institute Of Management, Sambalpur
8Goa Institute Of Management (GIM), Goa
8Great Lakes Institute Of Management, Chennai
8Indian Institute Of Management, Bodh Gaya
8WOXSEN School Of Business, Hyderabad
8Management Development Institute (MDI), Murshidabad
8Institute Of Management Technology (IMT), Nagpur
8International Management Institute (IMI), Kolkata
8International Management Institute (IMI), Bhubaneswar
9Atal Bihari Vajpayee-Indian Institute Of Information Technology And Management (ABV-IIITM), Gwalior
9National Institute Of Industrial Engineering (NITIE), Mumbai
9Indian Institute Of Management, Amritsar
9Indian Institute Of Management, Sirmaur
9T.A.PAI Management Institute (TAPMI), Manipal
9Dept. Of Management Studies, Indian Insititute Of Technology (IIT-ISM), Dhanbad
10Institute Of Management Studies, BHU, Varanasi
10Symbiosis Centre For Information Technology, Pune
10Birla Institute Of Management Technology (BIMTECH), Greater Noida
10IFIM Business School/Jagdish Sheth School Of Management, Bengaluru
10Institute Of Management Technology (IMT), Hyderabad
10Loyola Institute Of Business Administration (LIBA), Chennai
10TAXILA BUSINESS SCHOOL, Jaipur
10Indian Insitute Of Social Welfare & Business Management (IISWBM), Kolkata
10VIT Business School, Vellore
10Amrita School Of Business, Coimbatore
11NIRMA University (Institute Of Management), Ahmedabad
11Lal Bahadur Shastri Institute Of Management, New Delhi
11Bharati Vidyapeeth University Institute Of Management And Research (BVIMR), New Delhi
11CHITKARA Business School, Rajpura-Patiala
11Jindal Global Business School (JGBS), Sonipat
11University School Of Business (USB), Chandigarh University, Mohali
12Institute Of Public Enterprise, Hyderabad
12Institute Of Management And Entrepreneurship Development (IMED), Pune
12Bharath Institute Of Higher Education And Research (BIHER), Chennai
12ICFAI Business School(IBS), Hyderabad
12Amity Global Business School, Noida
12Jaipuria Institute Of Management, Noida
12Institute Of Rural Management, Anand
13KIIT University-School Of Management, Bhubaneswar
13Dr. MGR Educational And Research Institute, Chennai
14AIMS Institute, Bengaluru
14SDM Institute For Management Development (SDMIMD), Mysuru
15Manipal Institute Of Management/Manipal University, Manipal
16Meenakshi Academy Of Higher Education And Research (MAHER), Chennai
16ABBS School Of Management, Bengaluru
17REVA University(School Of Management Studies), Bengaluru
18International School Of Business And Media, Pune
18Institute Of Management Studies (IMS), Ghaziabad
19Institute For Technology And Management, Mumbai
20Indian Institute Of Forest Management, Bhopal
20School Of Management And Entrepreneurship, Shiv Nadar University, Greater Noida
21PES University, Bengaluru
21Symbiosis Institute Of Management Studies (SIMS), Pune
22Jagan Institute Of Management Studies (JIMS), Rohini/Delhi
22MIT School Of Business, Pune
23ARMy Institute Of Management, Kolkata
23Justice KS Hegde Institute Of Management, NITTE/ Udupi
24K.J. Somaiya Institute Of Management Studies & Research, Mumbai
24Symbiosis Institute Of Business Management, Bengaluru
25RV Institute Of Management, Bengaluru
26Welingkar Institute Of Management Development & Research, Mumbai
27Xavier Institute Of Social Services (XISS), Ranchi
27Vidyavardhaka College Of Engineering (Dept. Of Management), Mysuru
28Eastern Institute For Integrated Learning In Management (EIILM), Kolkata
28Xavier Institute Of Management & Enterpreneurship (XIME), Bengaluru
29Chandragupt Institute Of Management (CIMP), Patna
29GIBS Business School, Bengaluru
29Bharathidasan Institute Of Management, Tiruchirappalli
30Training And Advanced Studies In Management (TASMAC), Pune
31CMR Institute Of Management Studies, Bengaluru
31SCMS Cochin School Of Business, Kochi
32ASM’s Institute Of Business Management & Research Centre, Pune
33Prestige Institute Of Management And Research, Indore
34Christ University, Institute Of Management, Bengaluru
35ICFAI Business School (IBS), Dehradun
36Mittal School Of Business, LPU (Jalandhar)
37SDM PG Centre For Management Studies And Research, Mangaluru
37Global Business School And Research Centre, Bengaluru
38Rajagiri Centre For Business Studies, Kochi
38Indore Management Institute (IMI), Indore
39MyRA School Of Business, Mysuru
39Symbiosis Institute Of Operations Management, Nashik
40Presidency University, Bengaluru
40Dayananda Sagar University (School Of Commerce & Management), Bengaluru
41KLE Technological University (School Of Management Studies And Research), Hubli
41ITM University Gwalior
42Faculty Of Management Studies (Manav Rachna Institute Of Research And Studies), Faridabad
42Indus Business Academy (IBA), Bengaluru
43Symbiosis Institute Of Business Management, Hyderabad
43St. Joseph’s Institute Of Management, Bengaluru
44Kirloskar Institute Of Advanced Management Studies, Pune
44Institute Of Management Studies, Noida
45KLS Institute Of Management Education And Research, Belgaum
45JSS Centre For Management Studies, Mysuru
46JK Business School, Gurugram
46PSG Institute Of Management, Coimbatore
47Indira School Of Business Studies, Pune
47Apeejay School Of Management, New Delhi
48Ramaiah Institute Of Management Studies, Bengaluru
48Suryadatta Institute Of Management And Mass Communication, Pune
49Gitam School Of International Business, Visakhapatnam
49G H Raisoni School Of Business Management, Nagpur
50G.L. Bajaj Institute Of Management And Research, Greater Noida
50MODy University Of Science And Technlogy (School Of Mgmt Studies), Lakshmangarh

Top Distance MBA Colleges in India

Distance MBA is the duly recognized course approved by the University Grants Commission (UGC). It is the most suitable alternative for working professionals as well as other students who could not participate in traditional classroom MBA courses. This regulation, known as the UGC (Online Courses) Regulations 2018 has been published on the 24th of May 2018 higher education institutions are able to offer distance learning online degrees, certificates, and diplomas that are comparable to their traditional classroom programs. In the midst of the Covid-19’s pandemic, Distance MBA can fulfill the goal of completing an MBA by preventing social isolation and fighting the Coronavirus.

Institutions that have offered these courses, which have been recognized by the state authority on an undergraduate basis, either as regular classroom programs or as open and distance learning programs and in which at least one class has been completed, are able to offer distance-learning programs. These online Distance learning courses require at least a National Assessment and Accreditation Council (NAAC) score of 3.26 on a scale of 4 points.

If you’re looking for Distance MBA courses, there are a lot of MBA institutions that offer Distance MBA in India. However, there is a handful of them that provide an excellent value for energy and effort.

Distance MBA course is an affordable and flexible Government recognized MBA program that does not require regular classes. If you’re not able to complete a full-time MBA due to time constraints or because of the high costs, Distance MBA Education is an alternative. The top Distance MBA colleges in India provide off-line Correspondence MBAs, Online MBAs, or a combination of the two in a distance learning mode. Distance education, such as Distance MBA, is controlled by the University Grants Commission (UGC) which is working to enhance the quality of education and improve the governance of this sector.

Different types of Distance MBA Colleges

Ministry of HRD, Government of India has approved six kinds of institutions to provide Distance Education and Distance MBA in India:

  1. Distance MBA program offered through National Open University or IGNOU
  2. Distance MBA is offered through State Open Universities
  3. Distance Education Institutions (DEIs) located in Institutions of National Importance

Central Universities – Central Universities

– State Universities

– Considered to be Universities

— State Private Universities

  1. Distance MBA provided through DEIs at stand-alone institutions

Professional Associations

– Institutions of the Government

Private institutions

The top MBA colleges in India offer Regular MBA, Online MBA as well as Distance MBA. There are around 71 top MBA colleges in India that offer Distance MBA. MBA Distance Education Colleges are available in all major cities in India. Colleges like IGNOU, Annamalai University, and Madras University for Distance Education offer MBA Courses in various specializations. Tabulated below are the top Distance MBA colleges in India with average annual fees:

College NameDistance MBA Fees
Indira Gandhi National Open University (IGNOU), New DelhiINR 37,000
ICFAI Foundation for Higher Education, HyderabadINR 1,10,000
Symbiosis Center for Distance LearningINR 50,000
Institute of Management Technology Center for Distance Learning, GhaziabadINR 1,31,000
BBG Distance Learning CentreINR 76,000
ICFAI University, Directorate of Distance Education, AgartalaINR 60,000
IMT Ghaziabad Center for Distance LearningINR 1,22,000
Annamalai University, CuddaloreINR 1,14,100
Narsee Monjee School for Continuing Education, MumbaiINR 144,000
MIT School of Distance Education, PuneINR 60,000

Top Online MBA Colleges in India

Many top MBA colleges in India now started offering Online MBA due to pandemics and various other reasons. Students unable to attend regular classes can pursue an Online MBA. Check out the top Online MBA colleges in India with average annual fees:

College NameOnline MBA Fees
Amity University, NoidaINR 1,20,000 – 3,50,000
Jaipur National University, JaipurINR 43,100
Jaipuria Institute of ManagementINR 1,90,500
Indira Gandhi National Open University (IGNOU)INR 37, 800
Pondicherry University, Directorate of Distance EducationINR 24,925
National Institute of Business Management, PuneINR 22,000
Venkateshwara Open University, NaharlagunINR 89,500
Assam Don Bosco University, GuwahatiINR 1,00,000
Karnataka State Open University, MysoreINR 35,000
NMIMS Global Access School for Continuing Education, MumbaiINR 86,000

Conclusion: 

MBA from India is likely to be the only postgraduate program that is short-term and has a high yield. The biggest obstacle when it comes to completing an MBA at the top MBA college is the high cost, in addition to being prepared well and scoring highly on the entrance test. Your dream of completing an MBA at one of the top MBA colleges rests on two essential elements – the two-year MBA fee and the potential for career advancement based on the current trends in placement that is, what is the ROI on your investment?

It is now easier to make the choice of pursuing an MBA thanks to the MBA fee structure with a low price at a glance at the top MBA schools that have low fees. This will assist you in arranging your financial plan for the MBA program from one of the best B-schools across India.

We hope this article was helpful in giving a broad overview of MBA colleges that have low fees in India and their admissions status. This page will be updated regularly with the most current information.

Frequently Asked Questions:

Q. Which MBA college has the best placement with low fees?

Ans. Top MBA Colleges in India With Low Fees

B-schoolCourse Name*Fees
ASM’s Institute of Business Management and Research-IBMRMBAINR 3 L – 6.5 L
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L – 20.16 L
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L – 5.9 L

Q. Which IIM has the lowest fees for MBA?

Ans. IIM Sirmaur has the lowest MBA fees. For the batch of 2021-2023, it was INR 11.75 lakh. The fees can be paid in installments and there are scholarships and loan assistance available.

Q. Which is the cheapest IIM in India?

Ans. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. Ahmedabad, the most expensive of the country’s eight IIMs, charges.

Q. Can I do MBA free?

Ans. Yes, top business schools do offer free online MBA courses as well as a variety of other classes. Many of these courses are available through Coursera and edX. Business Insider wrangled a list of free online courses and the top Universities that offer them.

Q. Why IIM fees is so high?

Ans. Although IIMs are government institutes, most IIMs are self-reliant and do not depend on the government for funding. Hence to attract quality professors they need to charge higher fees.

Q. Which test is recognized to be accepted by Tata Institute for Management Studies? What is the fee for admission?

Ans. TISSNET is approved as a valid application to the Tata Institute for Management Studies. The cost of admission to TISS will be the equivalent of INR 1.02 lakhs.

Q. I was a candidate for the ATMA exam in 2022 (February session). Am I able to get into Christ International University?

Ans. It is true that the ATMA score is accepted at Christ University.

Q. What is the minimum I have to score on the CAT exam in order to gain admission into FMS, Delhi?

Ans. Candidates who want to be admitted into FMS need to score at a minimum of 98% on aggregate in the CAT test.

Q. Does FMS, Delhi provide scholarships?

Ans. Absolutely, FMS provides the following scholarship opportunities:

  • OPJEMS scholarship
  • NTPC scholarship
  • Aditya Birla scholarship

Q. How many tests are recognized as valid by the Jamnalal Bajaj Institute of Management Studies?

Ans. JBIMS, Mumbai accepts scores of CAT GMAT, XAT ATMA CMAT, MAH, and CET.

He or She scored 95 percent on the CMAT test. Are they eligible to be admitted to at the 

Q. Department of Management Studies, Pune University?

Ans. The typical CMAT score for Pune University is between the 95-99 percentile. Students who score 95 percent on the CMAT test have a good chance of being accepted into this university.

Q. Does the cost of accommodation included in the admissions fees at TISS?

Ans. The admissions cost for Day Scholars and Hostelers is different at TISS. If the applicant prefers accommodation, fees for admission will include an accommodation charge.

Q. Do The Department of Financial Studies, the University of Delhi accept scores from entrance exams other than the CAT?

Ans. The scores of CAT exams are recognized at The Department of Financial Studies, University of Delhi.

Q. How do I find the cutoff for CAT? Amity University?

Ans. Amity University provides admissions to students who scored between 70 and 80 percentile on the CAT exam.

Related Videos

Top Private MBA Colleges In India

Formfees provides rankings of all Top Private MBA Colleges In India and categorizes them accordingly, including Top Private Engineering Colleges in India, Top 10 Private MBA Colleges In India, and Top 25 Private MBA Colleges In India, Outlook-ICARE India MBA Rankings 2023: India’s Top Private MBA Colleges. 

Top private MBA Colleges in India: For students who have just finished their graduations it can be a great opportunity to study your journey by pursuing an MBA degree, as we know it is your gateway to a multitude of corporate job opportunities.The pursuit of a Master of Business Administration (MBA) degree has the potential to significantly improve one’s employment opportunities especially when you do it from the Top Private MBA Colleges In India, regardless of their academic background in the Humanities, Business, or Science disciplines. 

The conventional Master of Business Administration (MBA) programme typically encompasses a duration of two years, which is further broken into four semesters. Furthermore, several privately-owned MBA institutions provide one-year Post Graduate Diploma in Management (PGDM) programmes.

A well-rounded MBA education from a top private college in India can unlock exciting career opportunities and equip you with the skills necessary to thrive in the dynamic business world.

When it comes to pursuing managerial education, one of the most highly sought degrees is an MBA program. In addition to a number of prestigious public institutions offering an MBA program, there are top private colleges and institutes in India that offer an MBA or an equivalent PGDM course to students. 

Top Private MBA Colleges In India

The top private MBA colleges in India offer the best infrastructure and pedagogy, the latest MBA curriculum, popular and niche specializations, practical training, foreign exchange programs, and campus placements. Although the course fee of these MBA colleges is on the higher side, the return on investment (ROI) is good. 

There are over 2900 private MBA colleges in India. Some of them are well-reputed and ranked on par with the IIMs. The top private MBA colleges in India include XLRI Xavier School of Management (Jamshedpur), Management Development Institute (MDI Gurgaon), National Institute of Industrial Engineering (NITIE Mumbai), S.P. Jain Institute of Management and Research – SPJIMR (Mumbai), Symbiosis Institute of Business Management (SIBM Pune), Great Lakes Institute of Management (Chennai), NMIMS School of Business Management (Mumbai), ICFAI Business School – IBS (Hyderabad), T.A. Pai Management Institute – TAPMI (Manipal), International Management Institute (IMI Delhi), etc. Read below all about MBA rankings and the best private MBA colleges in India.

TOP Private MBA Colleges in India: Eligibility Criteria

The eligibility criteria for an MBA course is graduation, however, the minimum score requirement may vary for niche specializations.

Candidates must have passed graduation in any discipline or equivalent from a recognized university

Most of the institutes follow the minimum score criteria in graduation as per the AICTE i.e. 50 percent aggregate or equivalent and five percent relaxation to students belonging to reserved categories

Professional degree holders such as MBBS/CA/CS/ICWA, etc. are also eligible to pursue MBA

Top 10 Private MBA Colleges In India 

With management being one of the most popular fields in higher education in the country, a number of top private universities in India offer full-time MBA programmes. These schools are not only highly developed in terms of faculty, course curricula, facilities, and placements, but they are also globally acclaimed for delivering complete education that meets international academic and industrial standards. 

Given below is a list of the top 10 private universities, institutes and colleges of India offering an MBA (or equivalent) course. The following ranking is based on the NIRF Management Category Rankings (2023). 

Top 10 Private MBA Colleges in India with NIRF Ranking 2023

As per the data provided by the NIRF we have listed the Top 10 Private MBA Colleges in India below. The framework annually collects data and then publishes the NIRF rankings on a yearly basis. The rankings and ratings are determined by evaluating five key factors, including the graduation rate, research and professional practices, teaching and learning resources, and the overall reputation of the school.

Among the top 10 private MBA colleges in India. The best private MBA colleges in India, according to NIRF 2023, are listed below:

Top private MBA Colleges in IndiaNIRF 2022NIRF 2023
Xavier School of Management (XLRI)89
Management Development Institute (MDI)1313
Symbiosis Institute of Business Management1717
S. P. Jain Institute of Management & Research2120
SVKM`s Narsee Monjee Institute of Management Studies2521
Amity University2828
International Management Institute, New Delhi3034
Great Lakes Institute of Management3131
ICFAI Foundation for Higher Education, Hyderabad3240
Lovely Professional University (LPU)3432
XLRI Jamshedpur

XLRI Jamshedpur

Approvals & Accreditation – AICTE, AIU, GOI Location – Jamshedpur, Jharkhand
Course

PGDM Courses

Fees

26 Lakhs

MDI Gurgaon

MDI Gurgaon

Approvals & Accreditation – AICTE Location – Gurgaon, Haryana
Course

PGDM Courses

Fees

24.17 Lakhs

Symbiosis Institute of Business Management (SIBM) Pune

Symbiosis Institute of Business Management (SIBM) Pune

Approvals & Accreditation – AICTE, SIU Location – Pune, Maharastra
Course

MBA Courses

Fees

24.59 Lakhs

SP Jain Mumbai

SP Jain Mumbai

Approvals & Accreditation – AICTE, NBA, AACSB, AMBA Location – Mumbai, Maharastra
Course

PGDM Courses

Fees

20.42 lakhs

Top Private MBA Colleges in India 2023: NIRF Ranking, Cutoff Percentile, Course Fees (in INR), Entrance Exams Accepted

Following is a list of the best MBA private colleges in India that are well-known for their academic excellence, faculty, training, placement opportunities, and more.

Name of the InstituteNIRF RankingCutoff PercentileCourse Fees (in INR)Entrance Exams Accepted
Management Development Institute (MDI), Gurgaon1394.93 (CAT)13,41,000 – 24,16,800GMAT, XAT
Symbiosis Institute of Business Management, Pune1798.5 (SNAP)15,90,000 – 22,20,000SNAP
S.P. Jain Institute of Management & Research, Mumbai20929,50,000 – 22,10,000CAT
SVKM’s Narsee Monjee Institute of Management Studies, Mumbai21220 (NMAT Score)3,27,000 – 44,00,000NMAT, NMIMS CET, NMIMS – NPAT
Amity University, Noida28140 (NMAT score)4,86,000 – 25,85,000MAT, XAT, CAT, NMAT, CMAT, CUET
Amrita Vishwa Vidyapeetham, Coimbatore3080 (MAT)2,20,000 – 10,50,000AMET, MAT, XAT, CAT, CMAT, KMAT, APICET
Great Lakes Institute of Management, Chennai31 80 (CAT)21,25,000XAT, CMAT, MAT, GMAT
Lovely Professional University, Punjab3270 (CAT)1,56,000 – 9,60,000LPU NEST, MAT, XAT, CAT, NMAT, CMAT, CUET
Goa Institute of Management3385-9518,31,000XAT, CMAT, NMAT, MAT, GMAT
International Management Institute, Delhi3487 – 907,62,000 – 20,04,000CAT, XAT, GMAT
Chandigarh University361,25,000 – 1,45,500CUCET
MICA Ahmedabad378021,00,000XAT, GMAT, MAT, MICAT
Institute of Management Technology, Ghaziabad389017,35,000 – 31,40,000CAT, XAT
UPES Dehradun3970 (MAT)1,50,000 – 15,72,000UPESMET, CAT, MAT, XAT, CUET-PG
ICFAI Foundation for Higher Education, Hyderabad4085 (CAT)1,80,000 – 16,02,000CAT, NMAT, IBSAT
T A Pai Management Institute, Manipal428516,50,000XAT, IPMAT, JIPMAT, NMAT, CMAT, CLAT, MET
K J Somaiya Institute of Management458319,95,000XAT, GMAT, CMAT, NMAT
XIM University, Bhubaneswar4691 (CAT)12,20,000 – 18,30,000XAT, CAT, X-GMT, NMAT, OJEE
Birla Institute of Management Technology, Greater Noida4872.511,00,000 – 13,00,000XAT, GMAT, CMAT, MA

Outlook-ICARE India MBA Rankings 2023: Top 50 B-Schools in India

Outlook-ICARE India MBA Rankings 2023: XLRI-Xavier School of Management, Jamshedpur tops the list of India’s top private MBA Institutions, followed by Management Development Institute, Gurgaon and Great Lakes Institute of Management, Chennai. 

Based on statistical data, it can be seen that XLRI-Xavier School of Management, located in Jamshedpur, holds the position of the Top private MBA College in India. Following XLRI, the Management Development Institute in Gurgaon and the Great Lakes Institute of Management in Chennai are ranked as the subsequent top private MBA institutions in the country. Please refer to the comprehensive compilation of rankings for top business schools in 2023.

Please refer to the comprehensive list of Top private MBA Colleges in India provided below:

Outlook-ICARE India MBA Rankings 2023 ParticularsTop private MBA Colleges in India data
RANK1
INSTITUTIONXLRI-XAVIER SCHOOL OF MANAGEMENT, JAMSHEDPUR
STATEJHARKHAND
FACULTY STUDENT RATIO Weightage – 25%98.64
RESEARCH Weightage – 20%78.87
EMPLOYABILITY Weightage – 25%100
FACULTY QUALITY Weightage – 20%94.71
INCLUSIVENESS & DIVERSITY Weightage – 10%96.33
OVERALL SCORE94.01
RANK2
INSTITUTIONMANAGEMENT DEVELOPMENT INSTITUTE, GURGAON
STATEHARYANA
FACULTY STUDENT RATIO Weightage – 25%97.33
RESEARCH Weightage – 20%67.27
EMPLOYABILITY Weightage – 25%100
FACULTY QUALITY Weightage – 20%92.89
INCLUSIVENESS & DIVERSITY Weightage – 10%96.63
OVERALL SCORE91.03
RANK3
INSTITUTIONGREAT LAKES INSTITUTE OF MANAGEMENT, CHENNAI
STATETAMIL NADU
FACULTY STUDENT RATIO Weightage – 25%98.07
RESEARCH Weightage – 20%68.77
EMPLOYABILITY Weightage – 25%97.28
FACULTY QUALITY Weightage – 20%93.49
INCLUSIVENESS & DIVERSITY Weightage – 10%96.22
OVERALL SCORE90.91
RANK4
INSTITUTIONTA PAI MANAGEMENT INSTITUTE, MANIPAL
STATEKARNATAKA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%73.13
EMPLOYABILITY Weightage – 25%92.05
FACULTY QUALITY Weightage – 20%92.69
INCLUSIVENESS & DIVERSITY Weightage – 10%92.63
OVERALL SCORE90.44
RANK5
INSTITUTIONXAVIER INSTITUTE OF MANAGEMENT, XIM UNIVERSITY, BHUBANESWAR
STATEODISHA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%70.21
EMPLOYABILITY Weightage – 25%94.88
FACULTY QUALITY Weightage – 20%90.02
INCLUSIVENESS & DIVERSITY Weightage – 10%93.55
OVERALL SCORE90.12
RANK6
INSTITUTIONSYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT, PUNE
STATEMAHARASHTRA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%68.23
EMPLOYABILITY Weightage – 25%97.13
FACULTY QUALITY Weightage – 20%89.65
INCLUSIVENESS & DIVERSITY Weightage – 10%82.24
OVERALL SCORE89.08
RANK7
INSTITUTIONLOYOLA INSTITUTE OF BUSINESS ADMINISTRATION, CHENNAI
STATETAMIL NADU
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%66.44
EMPLOYABILITY Weightage – 25%93.27
FACULTY QUALITY Weightage – 20%95.61
INCLUSIVENESS & DIVERSITY Weightage – 10%80.08
OVERALL SCORE88.74
RANK8
INSTITUTIONAMITY BUSINESS SCHOOL, AMITY UNIVERSITY, NOIDA
STATEUTTAR PRADESH
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%63.37
EMPLOYABILITY Weightage – 25%96.42
FACULTY QUALITY Weightage – 20%92.15
INCLUSIVENESS & DIVERSITY Weightage – 10%82.46
OVERALL SCORE88.46
RANK9
INSTITUTIONKALINGA INSTITUTE OF INDUSTRIAL TECHNOLOGY, BHUBANESWAR
STATEODISHA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%61.55
EMPLOYABILITY Weightage – 25%97.89
FACULTY QUALITY Weightage – 20%88.9
INCLUSIVENESS & DIVERSITY Weightage – 10%70.94
OVERALL SCORE86.66
RANK10
INSTITUTIONUNIVERSITY SCHOOL OF BUSINESS, CHANDIGARH UNIVERSITY, MOHALI
STATEPUNJAB
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%57.45
EMPLOYABILITY Weightage – 25%95.06
FACULTY QUALITY Weightage – 20%92.67
INCLUSIVENESS & DIVERSITY Weightage – 10%64.58
OVERALL SCORE85.25
RANK11
INSTITUTIONGOA INSTITUTE OF MANAGEMENT, SATTARI
STATEGOA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%56.99
EMPLOYABILITY Weightage – 25%94.4
FACULTY QUALITY Weightage – 20%90.52
INCLUSIVENESS & DIVERSITY Weightage – 10%70.42
OVERALL SCORE85.14
RANK12
INSTITUTIONINSTITUTE OF MANAGEMENT TECHNOLOGY, GHAZIABAD
STATEUTTAR PRADESH
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%56.49
EMPLOYABILITY Weightage – 25%90.6
FACULTY QUALITY Weightage – 20%89.94
INCLUSIVENESS & DIVERSITY Weightage – 10%72.4
OVERALL SCORE84.18
RANK13
INSTITUTIONIFIM COLLEGE, BENGALURU
STATEKARNATAKA
FACULTY STUDENT RATIO Weightage – 25%98.54
RESEARCH Weightage – 20%51.93
EMPLOYABILITY Weightage – 25%86.82
FACULTY QUALITY Weightage – 20%89.17
INCLUSIVENESS & DIVERSITY Weightage – 10%70.95
OVERALL SCORE81.66
RANK14
INSTITUTIONLAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT, NEW DELHI
STATEDELHI
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%48.16
EMPLOYABILITY Weightage – 25%92.19
FACULTY QUALITY Weightage – 20%88.84
INCLUSIVENESS & DIVERSITY Weightage – 10%51.78
OVERALL SCORE80.63
RANK15
INSTITUTIONSYMBIOSIS CENTER FOR MANAGEMENT & HUMAN RESOURCE DEVELOPMENT, PUNE
STATEMAHARASHTRA
FACULTY STUDENT RATIO Weightage – 25%99.56
RESEARCH Weightage – 20%50.81
EMPLOYABILITY Weightage – 25%86.08
FACULTY QUALITY Weightage – 20%89.9
INCLUSIVENESS & DIVERSITY Weightage – 10%53.76
OVERALL SCORE79.93
RANK16
INSTITUTIONPRINCIPAL L. N. WELINGKAR INSTITUTE OF MANAGEMENT DEVELOPMENT & RESEARCH, MUMBAI
STATEMAHARASHTRA
FACULTY STUDENT RATIO Weightage – 25%99.85
RESEARCH Weightage – 20%48.3
EMPLOYABILITY Weightage – 25%86.18
FACULTY QUALITY Weightage – 20%88.97
INCLUSIVENESS & DIVERSITY Weightage – 10%58.62
OVERALL SCORE79.82
RANK17
INSTITUTIONINSTITUTE OF RURAL MANAGEMENT, ANAND
STATEGUJARAT
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%72.39
EMPLOYABILITY Weightage – 25%85.47
FACULTY QUALITY Weightage – 20%65.49
INCLUSIVENESS & DIVERSITY Weightage – 10%56.74
OVERALL SCORE79.62
RANK18
INSTITUTIONPANDIT DEENDAYAL PETROLEUM UNIVERSITY, AHMEDABAD
STATEGUJARAT
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%52.67
EMPLOYABILITY Weightage – 25%81.2
FACULTY QUALITY Weightage – 20%86.96
INCLUSIVENESS & DIVERSITY Weightage – 10%61.95
OVERALL SCORE79.42
RANK19
INSTITUTIONJSS ACADEMY OF HIGHER EDUCATION & RESEARCH, MYSORE
STATEKARNATAKA
FACULTY STUDENT RATIO Weightage – 25%99.65
RESEARCH Weightage – 20%47.7
EMPLOYABILITY Weightage – 25%88.76
FACULTY QUALITY Weightage – 20%87.43
INCLUSIVENESS & DIVERSITY Weightage – 10%49.89
OVERALL SCORE79.12
RANK20
INSTITUTIONSHRI DHARMASTHALA MANJUNATHESHWARA INSTITUTE FOR MANAGEMENT DEVELOPMENT (SDMIMD), MYSORE
STATEKARNATAKA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%48.26
EMPLOYABILITY Weightage – 25%84.27
FACULTY QUALITY Weightage – 20%89.16
INCLUSIVENESS & DIVERSITY Weightage – 10%51.48
OVERALL SCORE78.7
RANK21
INSTITUTIONCHITKARA BUSINESS SCHOOL, CHITKARA UNIVERSITY, RAJPURA
STATEPUNJAB
FACULTY STUDENT RATIO Weightage – 25%98.17
RESEARCH Weightage – 20%43.28
EMPLOYABILITY Weightage – 25%81.29
FACULTY QUALITY Weightage – 20%92.97
INCLUSIVENESS & DIVERSITY Weightage – 10%54.33
OVERALL SCORE77.55
RANK22
INSTITUTIONSRM INSTITUTE OF SCIENCE AND TECHNOLOGY, CHENNAI
STATETAMIL NADU
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%44.63
EMPLOYABILITY Weightage – 25%79.66
FACULTY QUALITY Weightage – 20%85.79
INCLUSIVENESS & DIVERSITY Weightage – 10%42.84
OVERALL SCORE75.28
RANK23
INSTITUTIONJAGAN INSTITUTE OF MANAGEMENT STUDIES (JIMS), NEW DELHI
STATEDELHI
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%42.19
EMPLOYABILITY Weightage – 25%84.67
FACULTY QUALITY Weightage – 20%85.61
INCLUSIVENESS & DIVERSITY Weightage – 10%35
OVERALL SCORE75.23
RANK24
INSTITUTIONXAVIER INSTITUTE OF MANAGEMENT AND ENTREPRENEURSHIP (XIME), BENGALURU
STATEKARNATAKA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%42.55
EMPLOYABILITY Weightage – 25%83.11
FACULTY QUALITY Weightage – 20%87.42
INCLUSIVENESS & DIVERSITY Weightage – 10%32.23
OVERALL SCORE74.99
RANK25
INSTITUTIONN L DALMIA INSTITUTE OF MANAGEMENT STUDIES AND RESEARCH, MUMBAI
STATEMAHARASHTRA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%41.39
EMPLOYABILITY Weightage – 25%79.59
FACULTY QUALITY Weightage – 20%82.1
INCLUSIVENESS & DIVERSITY Weightage – 10%47.86
OVERALL SCORE74.38
RANK26
INSTITUTIONJSS CENTRE FOR MANAGEMENT STUDIES, MYSORE
STATEKARNATAKA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%41.4
EMPLOYABILITY Weightage – 25%81.51
FACULTY QUALITY Weightage – 20%84.49
INCLUSIVENESS & DIVERSITY Weightage – 10%37.48
OVERALL SCORE74.3
RANK27
INSTITUTIONINSTITUTE OF PUBLIC ENTERPRISE (IPE), HYDERABAD
STATETELANGANA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%41.06
EMPLOYABILITY Weightage – 25%82.54
FACULTY QUALITY Weightage – 20%86.69
INCLUSIVENESS & DIVERSITY Weightage – 10%30.12
OVERALL SCORE74.2
RANK28
INSTITUTIONINDUS BUSINESS ACADEMY (IBA), BENGALURU
STATEKARNATAKA
FACULTY STUDENT RATIO Weightage – 25%98.13
RESEARCH Weightage – 20%42.21
EMPLOYABILITY Weightage – 25%81.54
FACULTY QUALITY Weightage – 20%83.77
INCLUSIVENESS & DIVERSITY Weightage – 10%33.28
OVERALL SCORE73.44
RANK29
INSTITUTIONGANPAT UNIVERSITY, MEHSANA
STATEGUJARAT
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%36.34
EMPLOYABILITY Weightage – 25%75.12
FACULTY QUALITY Weightage – 20%85.01
INCLUSIVENESS & DIVERSITY Weightage – 10%37.44
OVERALL SCORE71.81
RANK30
INSTITUTIONMANIPAL UNIVERSITY, JAIPUR
STATERAJASTHAN
FACULTY STUDENT RATIO Weightage – 25%97.3
RESEARCH Weightage – 20%44.17
EMPLOYABILITY Weightage – 25%75.53
FACULTY QUALITY Weightage – 20%84.3
INCLUSIVENESS & DIVERSITY Weightage – 10%28.13
OVERALL SCORE71.71
RANK31
INSTITUTIONCENTURION UNIVERSITY OF TECHNOLOGY AND MANAGEMENT, BHUBANESWAR
STATEODISHA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%40.65
EMPLOYABILITY Weightage – 25%76.67
FACULTY QUALITY Weightage – 20%81.43
INCLUSIVENESS & DIVERSITY Weightage – 10%27.23
OVERALL SCORE71.36
RANK32
INSTITUTIONCALCUTTA BUSINESS SCHOOL, KOLKATA
STATEWEST BENGAL
FACULTY STUDENT RATIO Weightage – 25%99.54
RESEARCH Weightage – 20%35.96
EMPLOYABILITY Weightage – 25%72.98
FACULTY QUALITY Weightage – 20%85.66
INCLUSIVENESS & DIVERSITY Weightage – 10%37.02
OVERALL SCORE71.16
RANK33
INSTITUTIONPARUL UNIVERSITY, VADODARA
STATEGUJARAT
FACULTY STUDENT RATIO Weightage – 25%98.33
RESEARCH Weightage – 20%36.22
EMPLOYABILITY Weightage – 25%76.32
FACULTY QUALITY Weightage – 20%83.97
INCLUSIVENESS & DIVERSITY Weightage – 10%33.01
OVERALL SCORE70.98
RANK34
INSTITUTIONVIGNANA JYOTHI INSTITUTE OF MANAGEMENT, HYDERABAD
STATETELANGANA
FACULTY STUDENT RATIO Weightage – 25%99.64
RESEARCH Weightage – 20%36.91
EMPLOYABILITY Weightage – 25%72.66
FACULTY QUALITY Weightage – 20%80.84
INCLUSIVENESS & DIVERSITY Weightage – 10%35.27
OVERALL SCORE70.15
RANK35
INSTITUTIONJAGANNATH INTERNATIONAL MANAGEMENT SCHOOL, NEW DELHI
STATEDELHI
FACULTY STUDENT RATIO Weightage – 25%98
RESEARCH Weightage – 20%36.97
EMPLOYABILITY Weightage – 25%69.62
FACULTY QUALITY Weightage – 20%84.95
INCLUSIVENESS & DIVERSITY Weightage – 10%35.81
OVERALL SCORE69.87
RANK36
INSTITUTIONXAVIER INSTITUTE OF SOCIAL SERVICE, RANCHI
STATEJHARKHAND
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%39.17
EMPLOYABILITY Weightage – 25%69.03
FACULTY QUALITY Weightage – 20%79.25
INCLUSIVENESS & DIVERSITY Weightage – 10%37.42
OVERALL SCORE69.68
RANK37
INSTITUTIONSCMS COCHIN SCHOOL OF BUSINESS, KOCHI
STATEKERALA
FACULTY STUDENT RATIO Weightage – 25%98.65
RESEARCH Weightage – 20%34.6
EMPLOYABILITY Weightage – 25%67.72
FACULTY QUALITY Weightage – 20%81.07
INCLUSIVENESS & DIVERSITY Weightage – 10%36.21
OVERALL SCORE68.35
RANK38
INSTITUTIONPRESTIGE INSTITUTE OF MANAGEMENT AND RESEARCH, INDORE
STATEMADHYA PRADESH
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%32.78
EMPLOYABILITY Weightage – 25%71.68
FACULTY QUALITY Weightage – 20%80.2
INCLUSIVENESS & DIVERSITY Weightage – 10%25.61
OVERALL SCORE68.08
RANK39
INSTITUTIONSATHYABAMA INSTITUTE OF SCIENCE AND TECHNOLOGY, CHENNAI
STATETAMIL NADU
FACULTY STUDENT RATIO Weightage – 25%96.2
RESEARCH Weightage – 20%31.89
EMPLOYABILITY Weightage – 25%69.38
FACULTY QUALITY Weightage – 20%83.68
INCLUSIVENESS & DIVERSITY Weightage – 10%24.12
OVERALL SCORE66.92
RANK40
INSTITUTIONMANAV RACHNA INTERNATIONAL INSTITUTE OF RESEARCH & STUDIES (FACULTY OF MANAGEMENT STUDIES), FARIDABAD
STATEHARYANA
FACULTY STUDENT RATIO Weightage – 25%95.59
RESEARCH Weightage – 20%33.89
EMPLOYABILITY Weightage – 25%67.43
FACULTY QUALITY Weightage – 20%82.79
INCLUSIVENESS & DIVERSITY Weightage – 10%27.75
OVERALL SCORE66.87
RANK41
INSTITUTIONSHANTI BUSINESS SCHOOL, AHMEDABAD
STATEGUJARAT
FACULTY STUDENT RATIO Weightage – 25%98.13
RESEARCH Weightage – 20%32.25
EMPLOYABILITY Weightage – 25%64.97
FACULTY QUALITY Weightage – 20%80.96
INCLUSIVENESS & DIVERSITY Weightage – 10%34.35
OVERALL SCORE66.85
RANK42
INSTITUTIONINSTITUTE OF MANAGEMENT STUDIES, GHAZIABAD
STATEUTTAR PRADESH
FACULTY STUDENT RATIO Weightage – 25%96.77
RESEARCH Weightage – 20%30.19
EMPLOYABILITY Weightage – 25%67.81
FACULTY QUALITY Weightage – 20%81.83
INCLUSIVENESS & DIVERSITY Weightage – 10%27.51
OVERALL SCORE66.3
RANK43
INSTITUTIONLEXICON MANAGEMENT INSTITUTE OF LEADERSHIP & EXCELLENCE, PUNE
STATEMAHARASHTRA
FACULTY STUDENT RATIO Weightage – 25%97.78
RESEARCH Weightage – 20%29.21
EMPLOYABILITY Weightage – 25%65.5
FACULTY QUALITY Weightage – 20%80.72
INCLUSIVENESS & DIVERSITY Weightage – 10%26.81
OVERALL SCORE65.49
RANK44
INSTITUTIONSISTER NIVEDITA UNIVERSITY, KOLKATA
STATEWEST BENGAL
FACULTY STUDENT RATIO Weightage – 25%98.17
RESEARCH Weightage – 20%56.69
EMPLOYABILITY Weightage – 25%22.66
FACULTY QUALITY Weightage – 20%90.48
INCLUSIVENESS & DIVERSITY Weightage – 10%56.64
OVERALL SCORE65.31
RANK45
INSTITUTIONSYMBIOSIS CENTER FOR INFORMATION TECHNOLOGY (SCIT), PUNE
STATEMAHARASHTRA
FACULTY STUDENT RATIO Weightage – 25%97.99
RESEARCH Weightage – 20%29.29
EMPLOYABILITY Weightage – 25%64.92
FACULTY QUALITY Weightage – 20%79.88
INCLUSIVENESS & DIVERSITY Weightage – 10%25.26
OVERALL SCORE65.09
RANK46
INSTITUTIONHINDUSTAN INSTITUTE OF TECHNOLOGY & SCIENCE, CHENNAI
STATETAMIL NADU
FACULTY STUDENT RATIO Weightage – 25%99.31
RESEARCH Weightage – 20%29.47
EMPLOYABILITY Weightage – 25%64.9
FACULTY QUALITY Weightage – 20%77.07
INCLUSIVENESS & DIVERSITY Weightage – 10%25.87
OVERALL SCORE64.95
RANK47
INSTITUTIONLAL BAHADUR SHASTRI INSTITUTE OF TECHNOLOGY AND MANAGEMENT, INDORE
STATEMADHYA PRADESH
FACULTY STUDENT RATIO Weightage – 25%98.45
RESEARCH Weightage – 20%27.44
EMPLOYABILITY Weightage – 25%64.94
FACULTY QUALITY Weightage – 20%80.71
INCLUSIVENESS & DIVERSITY Weightage – 10%24.02
OVERALL SCORE64.88
RANK48
INSTITUTIONSYMBIOSIS INSTITUTE OF DIGITAL & TELECOM MANAGEMENT, PUNE
STATEMAHARASHTRA
FACULTY STUDENT RATIO Weightage – 25%98.29
RESEARCH Weightage – 20%26.89
EMPLOYABILITY Weightage – 25%65.69
FACULTY QUALITY Weightage – 20%79.92
INCLUSIVENESS & DIVERSITY Weightage – 10%23.98
OVERALL SCORE64.76
RANK49
INSTITUTIONSIVA SIVANI INSTITUTE OF MANAGEMENT, HYDERABAD
STATETELANGANA
FACULTY STUDENT RATIO Weightage – 25%100
RESEARCH Weightage – 20%55.24
EMPLOYABILITY Weightage – 25%25.56
FACULTY QUALITY Weightage – 20%93.2
INCLUSIVENESS & DIVERSITY Weightage – 10%32.74
OVERALL SCORE64.35
RANK50
INSTITUTIONFACULTY OF MANAGEMENT STUDIES, INSTITUTE OF RURAL MANAGEMENT, JAIPUR
STATERAJASTHAN
TAPMI Manipal

TAPMI Manipal

Approvals & Accreditation – AICTE, AIU, AACSB, AMBA Location – Manipal, Karnataka
Course

UG & PG Courses

Fees

11.25-25 Lakhs

XISS Ranchi

XISS Ranchi

Approvals & Accreditation – AICTE Location – Ranchi, Jharkhand
Course

PGDM Courses

Fees

8 Lakhs

Top 10 Private MBA Colleges in India

Apart from the top government institutions, such as IIMs, NITs, etc., there are many top private MBA colleges in India as well which provide high-quality MBA courses to aspiring students. The competition in these MBA colleges is very tough. Note, that due to the high reputation the best private MBA colleges have made for themselves, admission to these colleges is no less challenging. The best private MBA colleges in the country can be compiled in the list of the top 10 private MBA colleges in India presented here below. But before, let us clear away one more search query related to the top 10 private MBA colleges in India. Have a look below.

What makes the top 10 private MBA colleges in India different from the rest? The top 10 private MBA colleges in India set themselves apart from competing institutions in several ways. Here are some characteristics that distinguish them:

  • Academic Excellence: These institutions have a history of providing high-quality instruction and upholding exacting academic standards. The best private MBA colleges in India frequently have well-known professors, cutting-edge teaching techniques, and a thorough curriculum that covers all facets of business management.
  • Industry Interface: Bridging the chasm between academia and industry is a priority for the top 10 private MBA colleges in India. The best private MBA colleges in India forge close ties with illustrious businesses, sector titans, and trade associations. As a result, they can offer live projects, guest lectures, industry visits, internships, and other opportunities to expose students to the real world of business.
  • Global Exposure: Many of India’s best private MBA colleges participate in international exchange and collaboration programs with reputable universities abroad. They might provide chances for students to study abroad, take part in international gatherings, or undergo cross-cultural training. The student’s understanding of global business dynamics is improved by their exposure to a global perspective, which also prepares them for careers abroad in these top private MBA colleges.
  • Placement Rate: These colleges consistently have high placement rates, with many of their graduates receiving job offers from well-known businesses. The top 10 private MBA colleges in India frequently have specialized placement cells that actively interact with recruiters, plan placement activities, and give students career counseling and training to give them a competitive edge in the job market.
  • Alumni Network and Industry Connections: The top 10 private MBA colleges in India have an extensive network of accomplished former students who have excelled in a variety of fields. This network frequently includes individuals who hold powerful positions outside of India. The colleges make use of this network to offer students mentoring, opportunities for networking, and connections to businesses that may lead to internships, job placements, and business ventures.
  • Entrepreneurship Ecosystem: Some of the top private MBA colleges encourage their students to think like entrepreneurs. They might have initiatives that help aspiring entrepreneurs on their startup journeys, entrepreneurship cells, and incubation facilities. These organizations provide funding, networking, and mentoring opportunities to develop entrepreneurial talent.
  • Overall Brand Value: Over the years, the top 10 private MBA colleges in India have developed a solid brand reputation. They are commended for their success in the classroom, connections in the industry, and distinguished alumni. The brand value connected to these institutions can increase graduates’ employability and credibility.

Quick Question:-

Q. What is the number of the Top Private MBA Colleges in India in 2023?

Ans. There are 43 Top Private MBA Colleges in India in 2023.

Q. Do the Top Private MBA Colleges in India 2023 make up the NIRF list?

Ans. Yes, the Top Private MBA Colleges in India 2023 are well-known throughout the nation, and some of them are listed in the NIRF’s list of the best MBA colleges in the nation.

Q. Which is the most liked course in the Top Private MBA Colleges in India 2023: a full-time MBA or a Part-time MBA?

Ans. The most well-liked educational option in the Top Private MBA Colleges in India 2023 is the full-time MBA. Theory classes, practical projects, student exchange programs, summer internships, and final placements are all included in a full-time MBA.

Q. What is the number of state-wise Top Private MBA Colleges in India in 2023?

Ans. The state-wise Top Private MBA Colleges in India 2023 are as follows:

  • 7 in Maharashtra
  • 6 in Tamil Nadu
  • 5 in Uttar Pradesh
  • 3 in Haryana
  • 3 in Punjab

Here below is the list of the top 10 private MBA colleges in India along with their NIRF ranking given below. Kindly go through this list and choose the most suitable MBA college for a successful future ahead. For the top 10 private MBA colleges in India, check out this list below:

Name of the CollegeNIRF Ranking 2022
Xavier School of Management (XLRI)8
Management Development Institute (MDI)13
Symbiosis Institute of Business Management17
S. P. Jain Institute of Management & Research21
SVKM`s Narsee Monjee Institute of Management Studies25
Amity University28
International Management Institute, New Delhi30
Great Lakes Institute of Management31
ICFAI Foundation for Higher Education, Hyderabad32
Lovely Professional University (LPU)34

Please note, the list of the top 10 private MBA colleges in India keeps on revising on a yearly basis as per the survey by various agencies such as NIRF, etc. The list of top 10 private MBA colleges in India 2023 shall be released by NIRF by July 2023, so kindly stay in touch with the latest development on their official website for the same.

ROI of Top Private MBA Colleges in India

A major factor that contributes to an institute’s high rank is the Return on Investment or ROI. But what is ROI, ROI can be referred to as the balance or gap between the course fee and salary offered in the job secured on the basis of the course.

The ROI of top private MBA colleges in India is satisfactory which is why they find a place in all India rankings by agencies and business magazines. The best private MBA colleges in India with the average annual fee.

Top Private MBA Colleges in IndiaAverage Annual Fee (in Rs)Average Placement Package (in Rs)
NITIE Mumbai11.43 Lakh20.88 LPA
XLRI Xavier School of Management, Jamshedpur23.60 Lakh25.08 LPA
MDI Gurgaon21.34 Lakh23.15 LPA
IIFT Delhi8.75 Lakh21.08 LPA
SIBM Pune10.20 Lakh19.56 LPA
SPJIMR, Mumbai17.87 Lakh19.50 LPA
NMIMS School of Business Management, Mumbai12.05 Lakh17.79 LPA
TAPMI, Manipal15.01 Lakh11.50 LPA
Great Lakes Institute of Management, Chennai11.81 Lakh13.60 LPA
ICFAI Business School (IBS), Hyderabad14.14 Lakh7.88 LPA

Top Recruiters for MBA Graduates

MBA graduates from any domain are in high demand. All organizations (big or small, private or government) hire MBA degree holders in various capacities. Below is the list of a few top companies which visit the top private MBA colleges in India to recruit management graduates:

Top Private MBA Colleges in IndiaTop Recruiters
XLRI Xavier School of Management, JamshedpurTata Projects, HR Consultancy, Schindler Elevators, EY, Genpact, Infosys, PricewaterhouseCoopers, Tata Consultancy Services, DIAGEO, Accenture, Addeco, Dr.Reddys Laboratories, Ameex Technologies, Cipla, Alten, Allianz Global Investors, McKinsey & Co., Boston Consulting Group, Accenture Strategy, etc.
MDI GurgaonNestle, Coca-Cola, Airtel, Tata Consumer Products Ltd., ITC Ltd., Godrej Industries Ltd., JPMorgan Chase & Co., HSBC Bank, ICICI Bank, Bank of America, Axis Bank, Delhivery, Ninjacart, Uber, Amazon, PwC US Advisory, McKinsey Digital, Deloitte USI, Hinduja Group, etc.
NITIE MumbaiColgate-Palmolive, Johnson & Johnson, HUL, ITC, Diageo, P&G, Accenture Digital, Cognizant Business Consulting, E&Y, Deloitte India, KPMG, McKinsey, Asian Paints, Castrol, Maruti Suzuki, Coromandel, Crompton, Avery Dennison, etc.
SPJIMR, MumbaiAlvarez & Marsal, The Bridgespan Group, Praxis Global Alliance, Accenture Strategy, Avalon Consulting, Bain & Company, Boston Consulting Group, Deloitte, Ernst & Young, GEP, IBM, KPMG, PwC, etc.
SIBM PuneWipro, Accenture, ICICI Bank, Capgemini, Cognizant, TCS, IBM, HCL Technologies, Amazon, Infosys, Genpact, HSBC, etc.
Great Lakes Institute of Management, ChennaiAccenture Strategy, Aditya Birla Capital, Dell, Deloitte, Decathlon, ITC Infotech, L&T Infotech, Magicbricks, Societe Generale, McKinsey, Crisil, Dell, Deloitte, KVB, JP Morgan, Ford, RBS, Cognizant, Infosys, ICICI, HSBC Technologies, etc.
NMIMS School of Business Management, MumbaiBosch, Reliance Industries, Agro Tech Foods, Bacardi, Whirlpool, Xiaomi, Aditya Birla Insurance Brokers, EY, HDFC Bank, J P Morgan, Aditya Birla Fashion & Retail, Axis My India, Birla Sun Life Insurance, Raymond, Cognizant Business Consulting, Mahindra Logistics, Maruti Suzuki, ICICI Bank, DHL Express, Essar, etc.
ICFAI Business School (IBS), HyderabadHDFC Bank, Tata Consultancy Services, ICICI Bank, Cognizant, HSBC, E&Y, Genpact, Wipro Limited, Deloitte, Accenture, IDFC Bank, Kotak Mahindra Bank, Amazon, etc.
IIFT DelhiBajaj Auto, Hero MotoCorp, Maruti Suzuki India Limited, TVS, Tata Steel, L&T, JSW & Metal Power, ITC, Pidilite, Dabur, Dell, Philips, Shell, TATA Sky, HT Media, Games 24×7, ABFRL , Goldman Sachs, HSBC, JPMC, Yes Bank, Citi Bank, ICICI Bank, DE Shaw, etc.
TAPMI, ManipalInfosys, Tata Consultancy Services, ICICI Bank, Deloitte, Mu Sigma Business Solutions, E&Y, Raam Group, KPMG, Wipro Technologies, MakeMyTrip, Capgemini, Brillio Technologies, etc.

Job Roles Offered After Completing MBA?

With the growing demand for MBA, students can bag excellent opportunities in both the public and private sectors. MBA graduates can start their own businesses or work as an entrepreneur to implement their learning in the real world or start a school/ institution. Those seeking job opportunities can be recruited under the profiles listed below:

What are the Study Options After the MBA?

Graduates from private MBA colleges can choose from multiple courses to pursue higher education or certification. The popular courses are given below:

  • Certified Information Systems Auditor (CISA)
  • Certification in Risk Management Assurance (CRMA)
  • Certified in Production and Inventory Management (CPIM)
  • Chartered Financial Analyst (CFA)
  • Financial Risk Manager (FRM) Exam
  • Project Management Professional (PMP)
  • Second MBA from an international business school

How Affordable is Studying in a Top Private MBA College in India?

Based on the below pie chart, it can be estimated that pursuing MBA in a top private college is expensive as around 86 percent of top private MBA colleges in India have fees of above Rs 5 lakh. About nine percent of top private MBA colleges in India have course fees in the range of Rs 3 to 5 lakh. About two percent of the best private MBA colleges in India have course fees in the range of Rs 2 to 3 lakh and about three percent top private MBA colleges in India have course fees under Rs 1 lakh.

Refer to the infographics below for an overview of the course fee of the best private MBA colleges in India.

Reviews 

MBA is one of the most popular postgraduate programs in India. The two-year program is a gateway to multiple managerial-level job opportunities such as Finance Manager, Sales Manager, Marketing Manager, etc. This course curriculum is designed to impart knowledge related to the operations of a business and managing the business operations. 

Conclusion 

90 percent of the MBA colleges in India are run as private colleges while seven percent are run by the Government.

Frequently Asked Questions about Top Private MBA Colleges In India

Q. Is LNCT Good for an MBA? 

Ans. Best MBA College in Bhopal. LNCT MBA seeks to be a contextually-relevant business school with world-class academic standards that develop socially. Master of Business Administration MBA is one of the most popular post-graduate programs in India.

Q. What is there in the MBA course? 

Ans. The MBA course is an academic program oriented toward management and marketing. It includes subjects such as Organisational Behaviour, Marketing, Principles of Management, Supply Chain Management, Operations Management, etc.

Q. What is the average package at LNCT Bhopal? 

Ans. The highest package is 19 lakh and the average package is 4.5 lakh. The college will also provide internships to the students.

Q. Is MBA hard to study? 

Ans. MBA is not difficult for an average student but it may vary. Studying MBA pushes a person out of their comfort zone and adapts themselves to International Business trends, Application of new management tools and techniques, and prepares them to survive the rapidly changing business environment.

Q. Is MBA done after the 12th? 

Ans. No, you can’t do an MBA after the 12th as it’s a master’s degree and before the master’s one needs to have a bachelor’s degree. 

Q. Which MBA is best for becoming a CEO?

Ans.  A general MBA from a top business school is a good path to take for aspiring CEOs. However, if you already have a well-rounded business education, earning an MBA in finance or another relevant discipline could also be an effective approach.

Q. What are the factors that are considered when it comes to ranking an MBA college in India?

Ans. The factors that are considered when ranking MBA colleges in India include:

  1. Reputation: The college’s reputation is significant since it will give you an indication of the level of education and placement prospects that you will have.
  2. Curriculum:The curriculum should be current with business trends and offer you with the abilities you need to excel in the field.
  3. professors: The professors should have commercial experience and be well-qualified. They should also be able to provide you with significant insights and advice.
  4. Placements: The college’s placement record should be solid, with alumni finding positions at leading organizations in India and internationally.
  5. Fees/costs:You should be able to pay the college’s costs.

Q. What are the top 10 private MBA Colleges in India?

Ans. The list of Top private MBA Colleges in India is given below: 

  1. Xavier School of Management (XLRI)
  2. Management Development Institute (MDI)
  3. Symbiosis Institute of Business Management
  4. S. P. Jain Institute of Management & Research
  5. SVKM’s Narsee Monjee Institute of Management Studies
  6. Amity University
  7. International Management Institute, New Delhi
  8. Great Lakes Institute of Management
  9. ICFAI Foundation for Higher Education, Hyderabad
  10. Lovely Professional University (LPU)

Q. How can I get into a top MBA college in India?

Ans. You may improve your chances of admission to a top 50 MBA institution in India by doing the following:

  • Get good grades
  • Perform well on the entrance exams
  • Have prior job experience:
  • Obtain strong letters of recommendation.

Q. Which college is No. 1 MBA College in India?

Ans. The Indian Institute of Management Ahmedabad (IIM Ahmedabad) is India’s top MBA institution. It is one of India’s finest management colleges and has a high academic reputation. IIM Ahmedabad offers a full-time MBA programme, an Executive MBA programme, and a Doctorate in Management programme.

Q. Which college has the best MBA ranking?

Ans. According to the NIRF 2023 rankings, the top 5 MBA colleges in India are:

NameCityStateScoreRank
Indian Institute of Management AhmedabadAhmedabadGujarat83.201
Indian Institute of Management BangaloreBengaluruKarnataka80.892
Indian Institute of Management KozhikodeKozhikodeKerala76.483
Indian Institute of Management CalcuttaKolkataWest Bengal75.534
Indian Institute of Technology DelhiNew DelhiDelhi74.145

Low Fees MBA Colleges in India 2022

 Fees MBA Colleges in India 2022

Low Fees MBA Colleges in India 2022 provide MBA programmes with a great return on investment. FMS, USMS, SIMSREE, JBIMS, UBS, PUMBA, and SRM are among the top B-schools in India that provide cheap MBA programmes. They offer fees ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA programme, as opposed to many of the more costly MBA universities, which charge fees ranging from Rs.18 lakhs to Rs.25 lakhs.

Low Fees MBA Colleges in India 2022 charge fees ranging from Rs. 50,000 to Rs. 10 Lakhs for a two-year full-time residential MBA or PGDM programme. Other prominent MBA colleges in India, such as IIMs, MDI, XLRI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs. Some of the Low Fees MBA Colleges in India 2022 are associated with or house management departments at Mumbai University, Bangalore University, GGSIPU University Delhi, Delhi University, Pune University, and Panjab University, among others. To get admission to a Low Fees MBA College in India 2022, you must do well on an entrance test such as the CAT,MAT, CMAT and more and have a learning experience.

MBA Colleges with Low fees

MBA is one of the most popular postgraduate programmes in India, with several employment opportunities. MBA programmes may be expensive. However, if an MBA is your desire, it does not have to be prohibitively expensive. There are several excellent colleges in India that provide MBA programmes at reasonable costs. MBA programmes offered by government colleges and universities are significantly less expensive than those offered by private schools. Those who want to pursue an MBA should first develop a list of universities that they want to attend. They must make a selection based on their specification and budget rather than being swayed by the tide. Here is the list of MBA Colleges with Low fees which is mentioned below:

MBA CollegeFees (Rupees)
VIT Business School Vellore7,02,000
Chandragupt Institute of Management Patna7,65,000
IMS Ghaziabad7,95,000
VJIM Hyderabad7,50,000
JIMS Rohini Delhi7,95,000
SCMS Cochin7,50,000
GBS Kolkata7,95,000
Jaipuria School of Business, Ghaziabad7,50,000
Firebird Institute of Research in Management Coimbatore4,80,000
K R Mangalam University Delhi2,60,000

Top MBA Colleges in Mumbai with Low Fees

The average annual fee in Top MBA colleges in Mumbai for pursuing MBA programmes is INR 55,000 – 23 Lakhs. Mumbai University, KCCMS Mumbai, and KJSCCETR Mumbai are some of the top MBA colleges in Mumbai with low fees than INR 60,000. The following are the Top MBA colleges in Mumbai with low fees:

Name of the CollegeAverage Annual Fees
K. C. College of Management Studies – [KCCMS], MumbaiINR 45,000
Indian School of Management & Studies – [ISMS], MumbaiINR 44,090
Mumbai University – [MU], MumbaiINR 55,000
K. J. Somaiya Comprehensive College of Education Training and Research – [KJSCE], MumbaiINR 36,250
IIT Bombay – Indian Institute of Technology – [IITB], MumbaiINR 50,400
National Academy of Management Studies – [NAMS], MumbaiINR 25,000
Hansraj Jivandas College of Education, MumbaiINR 6,600
University of Mumbai, Institute of Distance & Open Learning – [IDOL], MumbaiINR 17,625
SNDT Women’s University, Centre of Distance Education – [SNDT CDE], MumbaiINR 15,800
Thakur Institute of Management Studies and Research – [TIMSR] MumbaiINR 63,791

Frequently Asked Questions

Q1. Which MBA college has the best placement with low fees?

Ans. SIMSREE, Mumbai has the best placement with low fees.

Q2. Can I do MBA with low fees?

Ans. Although the MBA fee at IIMs is relatively high in comparison to other MBA institutions in India, there are several IIMs that provide low-fee MBA programmes. While IIM Ahmedabad, Bangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programmes for between Rs.10 Lakhs and Rs.15 Lakhs. The IIMs that provide low-fee MBAs are also among the best MBA schools providing low-fee programmes. The following are some of the IIMs that offer low-cost MBA programs:

Q3. Which is the cheapest MBA college in India?

Ans. Students are well-trained in the fundamentals and advanced areas of the industry, and they are molded to become future world leaders. Some of the best affordable MBA colleges in India are distributed around the country so that students may choose when it is convenient for them rather than having to move around and look for colleges and courses in other states.

Name of the collegeCourse fees
(in Rs.)
FMS, DelhiRs. 0.20 lakhs
Department of Financial Studies (DFS), DURs. 0.48 lakhs
Delhi School of Economics, DURs. 0.31 lakhs
Tata Institute of Social Sciences (TISS), MumbaiRs. 1.14 lakhs
Pune University Department of Management Sciences (PUMBA)Rs. 1.32 lakhs
FMS BHURs. 0.98 lakhs
MSU BarodaRs. 0.29 lakhs
UBS ChandigarhRs. 0.38 lakhs
IGNOU DelhiRs. 0.37 lakhs
JMI New DelhiRs. 0.47 lakhs
Q4. Which IIM has the lowest fees for MBA?

Ans. IIM Sirmaur provides the most affordable MBA Fees. It was INR 11.75 lakh for the class of 2021-2023. Fees can be paid in installments, and scholarships and loan help are available.

Related Videos

Top 10 MBA Colleges in India with Fees Structure

MBA Colleges in India with Fees Structure 2023

Want to get into the Top MBA Colleges in India but don’t know where to look need to look at the MBA Colleges in India with Fees Structures, then you have clicked on the right link as we have put together many Top MBA Colleges in India with Fees Structure 2023, through which you can decide which one is the best for you. 

We normally think of the IIMs when we think about top  MBA Colleges in India. However, times have changed, and various additional MBA institutions have made it to the list of best MBA colleges in India in 2022. Among the best MBA Colleges in India with Fees Structure are the Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many more.

Other Top MBA Colleges in India with Fees Structure 2023, such as XLRI, ISB, SP Jain, FMS Delhi, and MDI Gurgaon, compete strongly with the IIMs. The average income from these five business schools is about INR 250,000. 

When analyzing post-MBA earnings at India’s leading business schools, you cannot disregard the expense of an MBA. One of the things you should consider is the return on investment for your MBA.

For the colleges listed in the table of Top MBA Colleges in India with Fees Structure 2023, the average yearly tuition is about INR 11,00,000. However, in addition to your tuition price, there are extra fees to consider, such as the cost of living during your MBA, the cost of your dormitory, and the cost of your food plan.

If you wish to enroll in an MBA program, you have many possibilities. However, the amount of information available online regarding the finest business schools in India may be overwhelming and perplexing. As a result, a list of the Top MBA Colleges in India with Fees Structure 2023 has been compiled for you. 

Top MBA Colleges in India | Top MBA Colleges in India with Fees Structure 2023

The best MBA colleges in India with the total tuition fee and annual average package are tabulated below:

College NameMBA Colleges in India with Fees Structure 
Indian Institute of Management, (IIM) AhmedabadINR 24.61 lakh
Indian Institute of Management, (IIM) BangaloreINR 24.50 lakh
Indian Institute of Technology, (IIT) DelhiINR 10.40 lakh
Indian Institute of Management, (IIM) KozhikodeINR 20.50 lakh
Indian Institute of Management, (IIM) LucknowINR 12.60 lakh
XLRIINR 27.40 lakh
National Institute of Industrial Engineering, (NITIE) MumbaiINR 11.33 lakh
Indian Institute of Technology, (IIT) MadrasINR 9.14 lakh

List of Top Private and Government MBA Colleges in India

About 71 colleges are private and 46 colleges are owned by the public/government. Here is a separate list of top private and public MBA colleges in India.

List of Top Private MBA Colleges in India

Here is a list of top private MBA colleges in India along with their total tuition fee:

College NameTotal Tuition Fee/Seat Intake
XLRIINR 24.20 lakh seats: 300
Management Development Institute (MDI)INR 20.42 lakh seats: 720
Symbiosis Institute of Business Management, (SIBM) PuneINR 27.40 lakh seats: 1500
S.P. Jain Institute of Management and Research (SPJIMR)INR 20.42 lakhSeats: 720

List of Top Government MBA Colleges in India

Here is a list of top public/government MBA colleges in India along with their total course fee:

College NameTotal Tuition Fee/Seat Intake
Indian Institute of Management, (IIM) AhmedabadINR 24.50 lakh seats: 635
INR 24.61 lakh seats: 50INR 10.40 lakh seats: 91
Indian Institute of Technology, (IIT) DelhiINR 10.40 lakhSeats: 91
Indian Institute of Management, (IIM) KozhikodeINR 20.50 lakh

Top 10 MBA Colleges in India with Fees Structure 2022

When it comes to Top MBA Colleges in India, then IIM Calcutta, IIM Ahmedabad, IIM Bangalore, and so on is the Best MBA Colleges in India according to NIRF Ranking, and other B-School surveys such as The Times and India Today. In this article, you can see the Top 10 MBA Colleges in India with Fees 2022 which may range from INR 50,000 to 30 Lakhs per year.

The best MBA colleges in India provide Online MBA, Regular MBA, and Distance MBA programs. There are more than 4736 top MBA colleges in India, with 710 being government MBA colleges in India and 3969 being the best private MBA colleges in India. The best MBA College in India is IIM Ahmedabad, which is ranked first by various ranking agencies. According to the NIRF rankings 2021, IMI New Delhi, DMS IIT Delhi, and JMI Delhi are among the best MBA colleges in Delhi. The latest Financial Times Masters in Management (MiM) Rankings 2021 place IIM Ahmedabad, IIM Bangalore, and SPJIMR among the world’s top 50 institutes. IIM Ahmedabad is ranked 26th, SPJIMR is ranked 39th, and IIM Bangalore is ranked 47th.

MBA admissions into India’s top MBA colleges are granted based on performance in MBA entrance exams such as the CAT, GMAT, SNAP, GRE, XAT, MAT, and others, followed by a GD/ PI round. The top MBA colleges in India without entrance exams are OP Jindal Global University (Sonepat) Amity University (Noida), and SOIL Gurgaon.

The top MBA colleges in India with low fees include Ranchi University, University of Allahabad, University of Rajasthan, and many others.

The best MBA colleges in India provide lucrative placement packages with a high return on investment. The average CTC ranged between INR 7-15 LPA, with IIM Ahmedabad offering the highest CTC of INR 1.32 CPA.

Highlights: Top MBA Colleges in India

ParametersParticulars/ Statistics
No. of MBA Colleges in India5,000 (Approximately)
Fees-Annual fee < Rs 10 lakh: 6%
– Annual fee >Rs 10 lakh: 94%
Top SpecialisationsGeneral Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR, and Travel & Tourism
Admission ProcessEntrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP
Top MBA Colleges in IndiaIIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc.

Top 10 MBA colleges in India with fee structure 2022

The top MBA colleges in India for MBA courses with annual fees ranging from INR 50,000 to INR 30 Lakhs. The average MBA fees in India’s top IIMs and top private MBA colleges range between INR 20 and 23 lakhs per year. The top 10 MBA colleges in India with fee structures are listed below:

College NamesMBA Fees
IIM AhmedabadINR 23,00,000
IIM LucknowINR 20,10,000
IIM IndoreINR 17,01,422
IIM UdaipurINR 21,00,000
IIM RanchiINR 17,60,000
IIT BombayINR 1,00,000
IIT MadrasINR 4,10,000
IIT KharagpurINR 1,64,558
IIT DelhiINR 10,24,000
IIT RoorkeeINR 4,28,000

Top 50 MBA Colleges in India 2022

We have ranked the top MBA colleges in India based on the post-MBA salary based on the most recent NIRF ranking in 2021. The Indian Institutes of Management (IIM),  ISB, MDIIIT, SPJIMR, FMS Delhi University, XLRI , IMT, and many more are among the top MBA colleges in India. Here is the table of the Top 50 MBA Colleges in India.

Sr.noNIRF 2021 RankingTop MBA Colleges in IndiaLocationProgramAverage/Mean/Median Salary (INR)
12IIM BangaloreBangalorePGP28,96,000
23IIM BangaloreKolkataPGP27,00,000
3NAIndian School of Business (ISB)HyderabadPGP28,29,000
47IIM LucknowLucknowPGP26,00,000
5NAFMS DelhiDelhiMBA26,00,000
619SPJIMR MumbaiMumbaiPGDM25,00,000
78XLRI Xavier School of ManagementJamshedpurPGDM (Business Management)24,30,000
86IIM IndoreIndorePGP23,60,000
911MDI Gurgoan – Management Development InstituteGurugramPGDM22,00,000
101IIM AhmedabadAhmedabadPGP22,82,000

Best MBA colleges in India with Low Fees

MBA fees at top MBA colleges in India are typically high, which is why the majority of students are unable to pursue MBA courses at the top-ranked and best MBA colleges in India. However, there are some MBA colleges in India that offer MBA courses at reasonable prices. Check out the table below for a list of the Best MBA colleges in India with low fees:

College NamesTotal MBA Fees(INR)
University of Allahabad, Allahabad24,48,00
Ranchi University, Ranchi4,700
National Institute of Rural Development and Panchayati Raj, Hyderabad2,90,000
St. Michael’s College, Cherthala9,46,000
University of Rajasthan8,770
Bhartiya Shiksha Parishad, Lucknow34,50,000
Indira Gandhi National Tribal University, Anuppur10,500
PSG College of Arts and Science, Coimbatore14,000
Central Agricultural University, Imphal5,96,000
Visvesvaraya Technological University, Belgaum11,79,200

Best Private Colleges in India 2022

There are approximately 3969 recognized Best private MBA colleges in India. The best private MBA colleges in India offer high-quality education, infrastructure, facilities,  and job placement opportunities. Check out the table below for a list of some of the best private MBA colleges in India 2022, along with their fee structures:

College/ University NameAverage MBA Fees
Xavier Labour Relations Institute (XLRI), JamshedpurINR 26,80,000
Management Development Institute, Gurugram18,86,000
Symbiosis Institute of Business Management (SIBM), PuneINR 21,52,000
Narsee Monjee MumbaiINR 6,44,000
ISB HyderabadINR 36,30,000
S. P. Jain Institute of Management & Research, MumbaiINR 21,52,000
Great Lakes Institute of Management, ChennaiINR 19,25,000
Symbiosis Center for Management and Human Resource Development, PuneINR 19,20,000
ICFAI Foundation for Higher Education, HyderabadINR 16,02,000
Kalinga Institute of Industrial Technology – KIIT, BhubaneswarINR 11,20,000

Top MBA colleges in India placement wise

India is home to some of the top MBA colleges in the world, which are well known for their high placement rates. The Top IIMs MBA Colleges in India receive the majority of the highest MBA placements. The top MBA colleges in India provide an average placement package of INR 12-25 LPA. This year, IIM Ahmedabad received 114 placement offers and had the highest MBA placement package at INR 1.32 CPA.

NMIMS Mumbai has 540 MBA seats available. This year, the campus saw more than 180 recruiters. Other than IIM, the top MBA colleges in India are FMS Delhi and MDI Gurgaon, which offer the best MBA placement packages. In India, the average salary after completing MBA courses ranges from INR 6-9 Lakhs. Here is the list of Top MBA colleges in India placement wise along with the highest packages:

College NameMBA Highest Package
IIM AhmedabadINR 1.32 crore
IIM CalcuttaINR 80 lakh
IIM LucknowINR 54 lakh
IIM IndoreINR 50 lakh
IIM KozhikodeINR 58 lakh
IIM UdaipurINR 40 lakh
IIM RohtakINR 24 lakh
IIM TrichyINR 25 lakh
IIT DelhiINR 33 lakh
IIT BombayINR 32.8 lakh

Top MBA Recruiters in India

Here is the list of Top MBA Recruiters in India which is given below:

UBSBharti Airtel
Hindustan UnileverBarclays Capital
Bank of AmericaL’Oreal Paris
National Stock ExchangeReserve Bank of India
Kotak Mahindra GroupGodrej
Bajaj AutoBoston Consulting Group
BloombergIBM
PricewaterhouseCoopersDeloitte
Deutsche BankCitigroup
MCKinsey & CompanyJP Morgan
American ExpressReckitt Benckiser

Frequently Asked Questions about Top 10 MBA Colleges in India with Fees Structure

Q. Which university is best for MBA with low fees?

Ans. MBA fees at top MBA colleges in India are typically high, which is why the majority of students are unable to pursue MBA courses at the top-ranked and best MBA colleges in India. However, there are some MBA colleges in India that offer MBA courses at reasonable prices. Check out the table below for a list of the Best MBA colleges in India with low fees:

College NamesTotal MBA Fees(INR)
University of Allahabad, Allahabad24,48,00
Ranchi University, Ranchi4,700
National Institute of Rural Development and Panchayati Raj, Hyderabad2,90,000
St. Michael’s College, Cherthala9,46,000
University of Rajasthan8,770
Bhartiya Shiksha Parishad, Lucknow34,50,000
Indira Gandhi National Tribal University, Anuppur10,500
PSG College of Arts and Science, Coimbatore14,000
Central Agricultural University, Imphal5,96,000
Visvesvaraya Technological University, Belgaum11,79,200

Q. What are the average fees for MBA in India?

Ans. The top MBA colleges in India for MBA courses with annual fees ranging from INR 50,000 to INR 30 Lakhs. The average MBA fees in India’s top IIMs and top private MBA colleges range between INR 20 and 23 lakhs per year.

Q. 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.

Q. Can I do MBA for free in India?

Ans. UGlobal is one of the platforms in India that provides free business education certification courses. These free certification programs include Certificate Courses in Management, Marketing Management, Business Strategy, and Entrepreneurship.

Q. Which college has the best placement for MBA in India?

Ans. According to placement for MBA in India, IIM Ahmedabad is the best. 

Related Videos