Top Government MBA Colleges In India

The number of students who are willing to complete an MBA degree from a top MBA college and institution is increasing every year regularly. Due to this kind of demand for seats in MBA courses, many of the colleges and institutions have emerged offering MBA courses to the interested candidates.

Only some colleges give credible management degrees and most of the top seats get filled by eligible and suitable students. 

Top MBA Colleges in India 2022 – India is a South Asian country with the seventh biggest land area in the world. According to the 2011 census, India’s average literacy rate is 74%. This country’s capital city is New Delhi. Many government and commercial organizations in India offer management education. Many prestigious management colleges exist in India, including IIM (Indian Institute of Management), IIFT (Indian Institute of Foreign Trade), and others. We have compiled a list of the Top MBA Colleges in India 2023, complete with entrance requirements and specialities.

Top Government MBA Colleges In India 2023 Insights  

India is home to several Top Government MBA Colleges in India that accept entrance exams like CAT, CMAT, MAT, MAT, XAT, and ATMA for admission to the top government MBA colleges in India. 

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, IIT Kanpur, and other esteemed institutions are among the well-regarded government-affiliated MBA Colleges in India, which are often recognised as part of the top 30.

Below are the updated rankings of the top 10 Government MBA institutions in India.

• As per Government MBA Colleges in India NIRF rankings 2023, IIM Ahmedabad retained its No. 1 position.
• IIM Kozhikode has improved its ranking as it shifted to rank 3 in 2023 when as compared to rank 5 in 2022

Top Government MBA Colleges In India Highlights 2023

The Master of Business Administration (MBA) is a two-year postgraduate programme that encompasses a comprehensive study of foundational and advanced concepts pertaining to the field of management. Several prominent specializations in Master of Business Administration (MBA) programmes include Human Resources, Finance, Marketing, Organizational Behavior, Management Principles, among others. Obtaining an MBA degree has the potential to augment an individual’s skill set and capabilities, enabling them to effectively operate in management positions. Consequently, this educational pursuit may serve as a gateway to a myriad of professional prospects.

Admission Procedure

Students can apply for admission to the MBA program through entrance exams. Entrance exams are held at the national, state, and university levels. Candidates seeking admission to IIMs must have passed the CAT 2023 (Common Admission Test) CAT, MAT, CMAT, XAT 2023, SNAP, and ATMA test scores are also taken into account by several universities and institutes in India for offering admission to management degrees. Students can also apply through state-level examinations such as the Karnataka PGCET 2023, MAH CET, TANCET 2023, and so forth.

Eligibility Criteria For Admission To Top Government MBA Colleges

• For pursuing an MBA degree course, applicants must have a minimum three-year Bachelor’s degree in any discipline or equivalent qualification with a minimum 50 percent aggregate marks
• Applicants belonging to reserved categories can apply for MBA with a Bachelor’s degree with a minimum of 45 per cent aggregate marks
• Candidates who have completed professional courses such as CA, CS, CMA, etc. are also eligible to pursue MBA
• Working professionals with two or more years of experience from any field are also eligible to pursue MBA

Top Government MBA colleges in India – Top Government MBA Colleges in India with Low Fees – Because of their outstanding academic output, the top Indian government MBA colleges are internationally recognized. These colleges will accept your CAT score to admit you. These colleges strive to bring excellence to their students. Indian Institute of Management (IIM), is a well-known name for students who plan to study management master’s. Many students consider IIM a dream. IIMs is a grouping of 20 institutions that offer management education. Some of the most prestigious IIMs include IIM Ahmedabad and IIM Bangalore.

The faculty of Management Studies at the University of Delhi is another well-respected government MBA college in India. FMS is a well-known Indian MBA college that is known for its ability to teach students entrepreneurial skills. National Institute of Industrial Engineering in Mumbai; Department of Management Studies at Indian Institute of Technology Delhi ; JBIMS [ Jamnalal Bajaj Institute of Management Studies in Mumbai]); and Department of Management Studies at Indian Institute of Science, Bangalore. These are just a few of the top government MBA colleges across India.

National MBA Entrance Exams

MBA Exam dates and schedules with top MBA colleges accepting exams, as well as MBA Entrance Exam Calendar, are provided below. Their notification for entrance tests for admission 2023 will be available soon.

Name Of The National MBA Exam	MBA Entrance Exam Date	Top MBA Colleges Accepting Exam
Common Admission Test (CAT) 2022	November 27, 2022	IIMs, FMS Delhi, SPJIMR, MDI, IITs, IMI, IMT
Xavier Aptitude Test – XAT 2023	January 8, 2023	XLRI, XIMB, IMI, IMT, TAPMI, Great Lakes
NMAT by GMAC 2022	October 10 to December 19, 2022	NMIMS, K J Somaiya, XUB, VIT Vellore, SD Bacconi Asia Centre
SNAP 2022	December 18, 2022	SIBM Pune, SCMHRD, SIOM & 12 Other Symbiosis colleges
CMAT 2023	February 26, 2023	GIM Goa, BIMTECH, K J Somaiya, IFMR, Welingkar, Jaipuria, N L Dalmia, Christ,
MAT 2022 (September)	PBT- September 4, 2022 IBT- Aug 28 to Sept 17, 2022 CBT- September 18, 2022	JAGSoM, Christ, IPE Hyderabad, Jaipuria, BIMTECH (Specialized PGDM), JIMS, NDIM
ATMA 2022 (July)	July 24, 2022 (Over)	Welingkar, CIMR, SOIL, IMS, Christ
GMAT 2022	Available Round the year	SPJIMR, IMI, IMT, XIMB, TAPMI, FORE, LBSIM, GIM Goa

Top MBA Specializations

MBA programmes are offered in a wide range of specializations. Students will have options to choose specializations in the final year of the programme. Some top MBA Specializations are Human Resource Management, Marketing, Finance, Operations, Information Technology and International Business.

College	Established
Indian Institute of Management, Ahmedabad	1961
Indian Institute of Management, Bangalore	1973
Indian Institute of Management, Calcutta	1961
Indian Institute of Management, Kozhikode	1996
Indian Institute of Management, Indore	1996
Xavier School of Management, Jamshedpur	1949
Indian Institute of Technology, Kharagpur	1951
Faculty of Management Studies, University of Delhi	1954
Indian Institute of Management, Lucknow	1984
Management Development Institute, Gurgaon	1973
National Institute of Industrial Engineering (NITIE), Mumbai	1963
Department of Management Studies – Indian Institute of Technology Delhi	1961
Uttaranchal University, Dehradun	2002
NIMS University, Jaipur	2004
International Management Institute, Delhi	1981
Indian Institute of Foreign Trade (IIFT), Delhi	1963
Indian Institute of Science, Bangalore	1909
NMIMS University School of Business Management, Mumbai	1981
Symbiosis Institute of Business Management, Pune	1978
Xavier Institute of Management, Bhubaneswar	1987
Institute of Management Studies, Ghaziabad	1990
Institute of Management Technology, Ghaziabad	1980
Indian Institute of Technology, Roorkee	1847
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai	1965
Rajiv Gandhi Indian Institute of Management, Shillong	2008
TA Pai Management Institute, Manipal	1980
Indian Institute of Management, Rohtak	2010
Indian Institute of Management, Ranchi	2010
Indian Institute of Management, Raipur	2010
Indian Institute of Management, Udaipur	2011
Loyola Institute of Business Administration, Chennai	1979
Institute of Rural Management, Anand	1979
Institute of Management, Nirma University, Ahmedabad	2003
Goa Institute of Management, Goa	1993

11-20 Best MBA Colleges In India 2023 Ranked Colleges

1. International Management Institute (IMI), New Delhi
2. Sydenham Institute of Management Studies (SIMSREE), Mumbai
3. Goa Institute of Management (GIM), Goa
4. Great Lakes Institute of Management, Chennai
5. Institute of Rural Management (IRMA), Anand
6. Xavier Institute of Management (XIM) Bhubaneswar
7. Bharathidasan Institute of Management (BIM), Trichy
8. FORE School of Management, New Delhi
9. K. J. Somaiya Institute of Management Studies and Research (SIMSR), Mumbai
10. Lal Bahadur Shastri Institute of Management (LBSIM), Delhi

Top 21-30 MBA Colleges In India 2023 Colleges

1. Birla Institute of Management Technology (BIMTECH), Noida
2. Birla Institute of Technology & Science (BITS), Pilani
3. Institute for Financial Management and Research (IFMR), Chennai
4. Loyola Institute of Business Administration (LIBA), Chennai
5. Symbiosis Institute of Business Management (SIBM), Bengaluru
6. Narsee Monjee Institute of Management Studies (NMIMS), Bengaluru
7. T. A. Pai Management Institute (TAPMI), Manipal
8. Narsee Monjee Institute of Management Studies (NMIMS), Hyderabad
9. National Institute of Banking and Management (NIBM), Pune
10. University Business School (UBS), Chandigarh

Top 31-55 Best MBA Colleges In India 2023 Ranked Colleges

1. Nirma University Institute of Management (NIRMA), Ahmedabad
2. Prin. L. N. Welingkar Institute of Management (WE School), Mumbai
3. Symbiosis Institute of Management Studies (SIMS), Pune
4. Symbiosis Institute of Operations Management (SIOM), Nasik
5. SIES College of Management Studies (SIESCOMS), Mumbai
6. ICFAI Business School (IBS), Hyderabad
7. NL Dalmia Institute of Management Studies, Mumbai
8. Symbiosis Center for Information Technology (SCIT), Pune
9. Symbiosis Institute of Telecom Management (SITM), Pune
10. Xavier Institute of Management and Entrepreneurship (XIME), Bengaluru
11. Alliance School of Business, Bengaluru
12. Balaji Institute of Modern Management (BIMM), Pune
13. IFIM Business School, Bengaluru
14. Institute of Management Technology (IMT), Hyderabad
15. Institute of Technology & Management (ITM), Navi Mumbai
16. Prin. L. N. Welingkar Institute of Management (WE School), Bangalore
17. Institute of Management Development and Research (IMDR), Pune
18. M. S. Ramaiah Institute of Management, Bengaluru
19. MIT School of Management, Pune
20. Symbiosis Institute of Business Management (SIBM), Hyderabad
21. Symbiosis Institute of Mass Communication (SIMC), Pune
22. Symbiosis School of Banking and Finance (SSBF), Pune
23. Xavier Institute of Social Service (XISS), Ranchi
24. Acharya Institute of Management Studies, Bengaluru
25. Indira Institute of Management, Pune

Government Scholarship For MBA Students In India

There are various government scholarships for MBA students that offer full-time management scholarships. Five well-known MBA scholarships available in India are listed below with their eligibility and steps to apply, have a look:

1. Post Graduate Merit Scholarship For University Rank Holder

The scholarship program is at the top of our list of Government Scholarships for MBA Students. The University Grant Commission (UGC) of the Government of India is giving Post Graduate Merit Scholarships to university-rank holders. This program focuses on top and second-place graduates around the country in various graduating courses. The grant is intended to encourage bright students to pursue postgraduate study.

Who all are eligible:

1. You must be under 30 years old.
2. A post-graduate program at a university (central/state) or one of the deemed universities/private universities/25 independent institutions/non-UGC affiliated colleges is required.
3. The prior graduation test must have resulted in a first or second-place finish.
4. A bachelor’s degree in biological sciences, physical sciences, chemical sciences, earth sciences, mathematical sciences, social sciences, commerce, or language is necessary.
5. A minimum grade point average of 60% is necessary for graduation.

How to apply:

1. Visit the website NSP.
2. Read the guidelines carefully before registering.
3. Then, choose your scholarship.
4. Fill in the blanks with your basic information.
5. Send your scholarship in and keep a copy for future reference.

2. ONGC Foundation Scholarship Scheme for OBCs

The ONGC Foundation Scholarship Scheme is our second top Government Scholarship for MBA students. As part of its CSR strategy, the Oil and Natural Gas Company provides a range of scholarships to OBC and other minority communities. Those who are presently enrolled in the first year of a full-time Engineering/MBBS/MBA/Master in Geology/ Geophysics degree program at a recognized university are eligible to apply for the Foundation Scheme for OBCs.

Eligibility:

1. Age should not exceed 30 years.
2. Indian nationality is required.
3. 1st year engineering graduate/1st year MBA master’s degree
4. Family income should not exceed Rs. 200,000 per year.
5. 60% or above in 12th grade

Reward:

The selected scholars will get a lump sum amount of INR 4,000 per month i.e. INR 48,000 per annum.

How to Apply:

1. On the website, https://www.ongcscholar.org/ applicants must complete an online application form.
2. To apply for a scholarship, go to the official website and choose the “Apply scholarship” option on the home page.
3. Now select “ONGC Scholarship for OBC Category” from the drop-down menu.
4. Fill up the needed information.
5. After double-checking the form, submit it.

3. Post Graduate Scholarship for Professional Courses for SC/ST

The plan was designed with candidates from the lowest parts of society in mind, with the purpose of giving them the chance to pursue postgraduate courses in professional topics such as engineering, technology, management, and pharmacy in Indian universities, institutes, and colleges.

Eligibility:

• Candidates who have completed their undergraduate studies and have been admitted into the first year of a professional postgraduate program are eligible for this scholarship.
• The applicant must be pursuing a master’s degree on a full-time basis.
• The upper age limit for male applications should not exceed 45 years, while the upper age limit for female candidates should not exceed 50 years.

Reward:

Candidates chosen for PG scholarships will get a monthly scholarship of Rs.5000/- (M.Tech) with a contingency grant of Rs.15000/- per year, and a monthly scholarship of Rs.3000/- with a contingency grant of Rs.10,000/- each year for the duration of the PG Scholarship.

How to Apply:

1. Only online application forms are available for filling up.
2. Students can apply for national scholarships by going to the national scholarship portal.
3. To apply online, go to this link.
4. Students must click on “New User/ Register” after clicking on this link.
5. To register, read over all of the guidelines and then click the proceed button.
6. In the registration form, fill in all of the essential information.

4.  Merit cum Means Scholarship for Professional and Technical Courses

Moving on, we have the Merit cum Means Scholarship for Professional and Technical Courses on our list of Government Scholarships for MBA Students.

The Scheme’s purpose is to give financial assistance to qualified impoverished students from minority groups so that they can pursue professional and technical education.

Eligibility:

1. Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians are examples of minority groups (Parsis).
2. Students who obtained at least 50% or an equal grade on their last final test will be considered for a scholarship.
3. Whose parents/guardians’ total yearly income does not exceed Rs.2.50 lakh.
4. The candidate must be a student in an Indian government or accredited private university, institute, college, or school.
5. The program you are interested in should last at least a year.

Reward:

Rs. 20,000/- per annum, whichever is less, subject to actuals

How to Apply:

• For online application, visit https://scholarships.gov.in
• Search for the scholarship scheme there
• Enter the required details
• Submit before re-checking the added information

5. OPJEMS (O. P. Jindal Engineering & Management Scholarships)

The O.P. Jindal Engineering and Management Scholarships are ranked seventh among government scholarships for MBA students. The Group created these scholarship programs in 2007. (OPJEMS).

These scholarships promote academic and leadership success and are awarded to worthy students who share Shri O. P. Jindal’s vision and beliefs, as well as the potential to lead in entrepreneurial accomplishment and innovation.

Eligibility:

• First 10 best performers from each management year- a. First-year students: the college considers entrance exam ratings for admitting students.
• Students in their second, third, and fourth years, depending on their academic results the previous year.

Reward:

INR 1,50,000 for each Management Student

How to Apply:

1. Visit the official website: www.opjems.com
2. Click on the OPJEMS 2021 Link
3. Read all the instructions carefully, and then start filling your application
4. Submit the form before re-checking the added information

Government MBA Colleges In Kolkata

Kolkata The capital of legend city of West Bengal is one of India’s most sought-after MBA destinations. The top MBA institutions in Kolkata provide top-quality MBA training with top scores. The very first IIM of the nation, IIM Calcutta, was founded in Kolkata. Master of Business Administration or MBA is among the most sought-after postgraduate programs in Kolkata. The two-year program can lead to an abundance of jobs in the business world.

MBA is offered in Kolkata is available through three different MBA schools, which include the IIMs which include IIM Calcutta; AICTE Approved PGDM Colleges such as IMI, MDI, Globsyn, Calcutta Business School and University MBA colleges such as IIFT, IISWBM, XBS, IEM. These management schools are what make Kolkata the most sought-after MBA destination.

A successful MBA professional must have attributes that include excellent leadership, communication managing, problem-solving, analytical, and research-oriented thinking, attention to details, goal-oriented and ability to perform under pressure, with strong math skills, etc.

Top MBA Colleges In Kolkata Highlights

Parameters	Particulars/Statistics
Number of MBA Colleges in Kolkata	95
Fees	Annual Fee more than 5 lakh- 37% Annual Fee between Rs. 3-5 lakh- 36% Annual Fee between 2-3 lakh- 12% Annual Fee between 1-2 lakh- 7% Annual Fee less than 1 lakh- 8%
Top Specialisations	Sales and Marketing, Finance, Human Resources, IT and Systems, Operations, and many more
Number of IIMs	One

In Kolkata, MBA degree is offered across various specializations. Candidates must graduate from recognized institutions/colleges with a minimum passing percentage. The duration of MBA course is two years. The best MBA colleges in Kolkata accept scores obtained by students in numerous national or state-level examinations, including MAT, CAT, JEMAT, CMAT, XAT, ATMA, NMAT, FDDI AIST, etc.

MBA Colleges In Kolkata Eligibility Criteria

The eligibility criteria for MBA course may differ from college to college. However, the basic eligibility criteria for MBA is as follows. The candidates:

• Candidates must have passed graduation in any discipline or equivalent from a recognised university as a basic eligibility criteria for MBA (full-time).
• Most of the institutes follow the minimum score criteria in graduation which is 50 per cent in average or equivalent. For reserved category students, the minimum score in 45 percent in aggregate.
• Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

List Of Top Private And Government MBA Colleges In Kolkata

There are approximately 85 MBA colleges in Kolkata that offer MBA courses, out of these 62 colleges are private, 9 are public and rest are public/private. Here is the list of some of the top private and public MBA colleges in Kolkata:

List Of Private MBA Colleges In Kolkata

Private Colleges	Course Fee (in Rs)
Praxis Business School (PBS), Kolkata	8.91 L
Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata	75 K – 6 L
Adamas University	5.17 L
NSHM Knowledge Campus, Kolkata	6.15 L
Institute of Management Study (IMS), Kolkata	2.35 L – 3.75 L

List Of Public/Government Colleges In Kolkata

Public Colleges	Course Fee (in Rs)
Indian Institute of Management (IIM) Calcutta, Kolkata	16.2 L – 20 L
Indian Institute of Foreign Trade (IIFT), Kolkata	16.25 L
Calcutta University	16.51 K – 1.76 L
University of Kalyani (KU), Kolkata	50 K
Footwear Design and Development Institute (FDDI), Kolkata	5.18 L

ROI Of Top MBA Colleges In Kolkata

Return on Investment refers to know the benefit of placements divided by the fees paid for the programme. Candidates can know the colleges which has high or low return on investment. It is the major factor for the students to know the institute/college to apply for.

College Name	Course Fee Rs.	Average Salary (in Rs LPA)
Indian Institute of Foreign Trade (IIFT) Kolkata	18.25 Lakhs	18.01
Indian Institute of Management (IIM) Calcutta	20 – 24 Lakhs	25.36
International Management Institute (IMI) Kolkata	13 Lakhs	6.90
Management Development Institute (MDI) Murshidabad	10.42 Lakhs	9.03
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata	75k-6 Lakhs	5.80
Praxis Business School	8.91 Lakhs	9.42
IEM Kolkata	6.9 Lakhs	5.7

Government MBA Colleges In Delhi

When compared to other places, MBA in Delhi provides an outstanding learning experience with high placements. In Delhi, there are over 130 MBA institutions.

There are around 16 government institutions and 69 privately operated colleges among these. The bulk of MBA programs in Delhi are offered by private universities.

MBA Colleges In Delhi Highlights

Refer to the table below to know some of the highlights for MBA colleges in Delhi.

Parameters	Particulars/Statistics
No. of MBA colleges in Delhi	Approximately 130 Delhi MBA Colleges
Fees	-Annual Fees < Rs 1 lakh: 10% -Annual Fess > Rs 5 lakh: 37%
Top Specialisations	MBA in Finance, MBA in Sales and Marketing, MBA in HR, MBA in Healthcare and Hospital, MBA in Operations, MBA in International Business, MBA in Business Analytics

When it comes to MBA programs, Delhi is one of the most popular destinations. With the position of a National Capital and an active corporate interface, the mood and wave it provides are very appropriate and distinct. The following are some important reasons why Delhi is one of the most sought-after educational destinations:

The capital city is home to a number of uncontested top MBA schools. In addition to a number of top MBA programs, Delhi provides industry contacts due to the presence of a big number of Fortune 500 organizations. Students can also pick from a variety of MBA specializations provided by these universities.

Top MBA institutions in Delhi accept marks from a variety of national and state-level examinations. The most common qualifying test for admittance to MBA programs in Delhi is the CAT. This test is followed by others like MAT, XAT, CMAT, ATMA, MAH CET, SNAP, MHT CET, NMAT, ICAR AIEEA, and so on.

MBA Colleges In Delhi Eligibility Criteria

The eligibility criteria for MBA courses may differ from one college to another. However, the basic eligibility criteria for MBA are as follows:

• Candidates must have passed graduation in any discipline or equivalent from a recognised university or institute.
• Most of the institutes follow the minimum score criteria in graduation which is 50% aggregate or equivalent CGPA. For reserved category students, the minimum score is 45% in aggregate or equivalent CGPA. However, this may vary from one institute to another.
• Final-year graduation students are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

List Of Top Private And Government MBA Colleges In Delhi

Private MBA Colleges In Delhi

Refer to the table below to know the top private MBA colleges in Delhi with fees:

Name of the Institute	Course Fee (in Rs)
International Institute of Health Management Research	7.25 Lakhs
International College of Financial Planning (ICOFP)	7.2 Lakhs
JIMS Kalkaji	7.95 Lakhs
IMI Delhi	17.68 Lakhs
Lal Bahadur Shastri Institute of Management	11.67 Lakhs

Government MBA Colleges In Delhi

Refer to the table below to know the top government/public MBA colleges in Delhi with fees:

Name of The Institute	Course Fees (in Rs)
Department of Management Studies, IIT Delhi	8.8-9.6 Lakhs
Indian Institute of Foreign Trade	18.24 Lakhs
Jamia Milia Islamia	47K-1.3 Lakhs
Faculty of Management Studies	1.92 Lakhs
Delhi School of Management, DTU	3.96 Lakhs

Top 10 Government MBA Colleges In Mumbai

Tabulated below is the list of the top 10 MBA colleges in Mumbai along with their average annual fees:

Name Of The College	Average Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay – [SJMSOM], Mumbai	INR 6,91,000
National Institute of Industrial Engineering – [NITIE], Mumbai	INR 7,03,000
IIT Bombay – Indian Institute of Technology – [IITB], Mumbai	INR 50,400
Mumbai University – [MU], Mumbai	INR 55,000
Shreemati Nathibai Damodar Thackersey Women’s University – [SNDT], Mumbai	INR 1,00,905
Hansraj Jivandas College of Education, Mumbai	INR 6,600
Thakur Institute of Management Studies and Research – [TIMSR] Mumbai	INR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai	–
Thakur Global Business School – [TGBS], Mumbai	INR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association – [SASMIRA], Mumbai	INR 1,99,000

Top MBA Colleges In Mumbai: NIRF Ranking 2021

NIRF (National Institutional Ranking Framework) is the premier ranking agency in India and is run by the NIRF (National Institutional Ranking Framework) is the top rating agency for India and is managed through the Ministry of HRD, Government of India. It is the authority to publish the ranking lists for various colleges in India separated into eight categories.

• IIT Bombay has been ranked as the top MBA school located in Mumbai in the country by NIRF. The college has been awarded an 11th place ranking within India by the nation’s organization for ranking in the year 2021.

• While the school is rated as the top in Mumbai however, it has experienced the loss of 1 spot in its standing when compared to 2022.

• Some other schools in Mumbai which are ranked by NIRF include SP Jain, NITIE, Narsee Monjee, and KJ Somaiya.

• The most impressive improvement in these colleges was demonstrated by NITIE Mumbai, which has shot up 17 places. NITIE Mumbai saw a decrease of 15 places this year.

NIRF 2021 Ranking	College Name	NIRF Score
10	Indian Institute of Technology Bombay	68.08
12	National Institute of Industrial Engineering, Mumbai	64.52
19	S. P. Jain Institute of Management & Research	58.73
22	SVKM’s Narsee Monjee Institute of Management Studies	57.53
56	K.J.Somaiya Institute Of Management	46.68
72	Principal L N Welingkar Institute of Management Development and Research	43.73

Top MBA Colleges in Mumbai: India Today Ranking

College Name	India Today Ranking 2022
SP Jain Institute of Management and Research (SPJIMR)	4
Narsee Monjee Institute of Management Studies (NMIMS)	9
National Institute of Industrial Engineering (NITIE)	11
K J Somaiya Institute of Management Studies and Research (KJ SIMSR)	25
L N Welingkar Institute of Management Development and Research	33
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)	39
N L Dalmia Institute of Management Studies and Research	80
Universal Business School	86
IES Management College and Research Center	144
Atharva Institute of Management Studies	171

SPJIMR Mumbai has been ranked as the best MBA college in Mumbai by India Today survey. It has been given a rank of 4 among all the top management colleges in India.

• Othe popular MBA colleges in the city like Narsee Monjee, NITIE and KJ Somaiya have also been included in this list and are also ranked among the top 25 MBA colleges in India.
• NITIE Mumbai, which wasn’t included in the list last year, is ranked at 11th position in India now.
• IES Management College and Research Center still ranks at 144th position, but it has shown a tremendous improvement of 24 ranks.

Top Government MBA Colleges In India With NIRF Ranking 2023

The Indian government’s Ministry of Education implements an annual ranking system called NIRF (National Institutional Ranking Framework). It evaluates and ranks higher education institutions in India based on various factors, including teaching, learning, research, graduation outcomes, and perception. 

NIRF rankings assess institutions across a wide range of disciplines, including MBA programs.

Below you can check the Top Government MBA Colleges in India with NIRF Ranking from past three years, i.e. from 2022 & 2023 are mentioned below:

College Name	NIRF 2022	NIRF 2023
Indian Institute of Management, (IIM) Ahmedabad	1	1
Indian Institute of Management, (IIM) Bangalore	2	2
Indian Institute of Management, (IIM) Kozhikode	5	3
Indian Institute of Management, (IIM) Calcutta	3	4
Indian Institute of Technology, (IIT) Delhi	4	5
Indian Institute of Management, (IIM) Lucknow	6	6
IIM Mumbai (formerly known as NITIE)	9	7
Indian Institute of Management, (IIM) Indore	7	8
Indian Institute of Technology, (IIT) Madras	10	15

MBA Colleges With Low Fee: Admission 2022 Open

The MBA colleges with low fee as shared below are open with their admission process 2022. They offer University MBA with low fee. Most of these MBA colleges with low fee are keeping their fee level for 2022-24 batch at last year level with a negligible or no increase in fee. Last year due to Covid pandemic, AICTE had also released guidelines to all the management institutes not to hike fee. Accordingly, there is no fee hike in MBA programmes offered by these low fee MBA colleges in India.

MBA College	Fees (Rupees)	Admission Status
VIT Business School Vellore	7,02,000	Open
Chandragupt Institute of Management Patna	7,65,000	Open
IMS Ghaziabad	7,95,000	Open
VJIM Hyderabad	7,50,000	Open
JIMS Rohini Delhi	7,95,000	Open
SCMS Cochin	7,50,000	Open
GBS Kolkata	7,95,000	Open
Jaipuria School of Business, Ghaziabad	7,50,000	Open
Firebird Institute of Research in Management Coimbatore	4,80,000	Open
K R Mangalam University Delhi	2,60,000	Open
St. Kabir Institute of Professional Studies Ahmedabad	4,95,000	Open
SRM University Chennai	5,00,000	Open
IMS Ghaziabad (University Courses Campus)	5,48,500	Open
Pune Business School	5,50,000	Open
NSB Academy Bangalore	7,10,000	Open
MITCON Pune	5,25,000	Open

Other Top MBA Colleges In India With Low Fees: Many Have Closed Admission

Among the top MBA institutions with inexpensive fees, Faculty of Management Studies (FMS) Delhi University is the best. The following are some of the best low-cost MBA programs in India:

Top MBA College With Low Fees	Programme Fee
Faculty of Management Studies (FMS) Delhi – University of Delhi	Rs.1,94,000
Delhi School of Economics, Delhi University	Rs.32,000
GGSIPU, Delhi	Rs.59,000
PUMBA, Pune	Rs.1,34,000
SIMSREE, Mumbai	Rs.1,36,000
Jamna Lal Bajaj Institute of Management Studies (JBIMS)	Rs.6,00,000
BITS Pilani	Rs.9,00,00
UBS Chandigarh-Panjab University	Rs.38,000

Other Prominent MBA Colleges With Low Fee

Apart from the above top MBA colleges with low fee are other top MBA colleges in India with low fee. Some of these MBA colleges with low fee are:

MBA College With Low Fees	Programme Fee
Ambedkar University, Delhi	Rs.2,99,880
Delhi Technical University (Formerly Delhi College of Engg.)	Rs.3,56,000
NITIE Mumbai	Rs.14,63,000/-
SJMSOM-IIT Bombay	Rs.10,08,000/-
DoMS-IIT Delhi	Rs. 9,60,000/-

IIMs With Low Fee MBA

Although the MBA cost at IIMs is relatively exorbitant in comparison to other MBA institutions in India, there are several IIMs that provide low-fee MBA programs. While IIM Ahmedabad, Bangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programs for between Rs.10 Lakhs and Rs.15 Lakhs.

The IIMs that provide cheap charge MBAs are also among the best MBA schools with low fees. The following are some of the IIMs that offer low-cost MBA programs:

IIMs With Low Fee MBA	MBA Fee Structure
IIM Amritsar	Rs.13,20,000
IIM Bodhgaya	Rs.12,95,000
IIM Jammu	Rs.14,82,000
IIM Nagpur	Rs.13,75,000
IIM Raipur	Rs.14,21,000
IIM Rohtak	Rs.16,65.000
IIM Tiruchirappalli	Rs.16,50,000
IIM Udaipur	Rs.18,65,000
IIM Sirmaur	Rs.11,75,000
IIM Sambalpur	Rs.13,03,000
IIM Visakhapatnam	Rs.14,33,000

MBA With Low Fee In Bangalore

MBA programs are available in colleges associated with Bangalore University or Visvesvaraya Technical University (VTU), Bangalore.

All of these top MBA institutions in Bangalore provide low-cost MBA programs through their affiliation with the Bangalore University MBA program. Visvesvaraya Technical University (VTU), Bangalore affiliated colleges also offer MBA with low fee.

University MBA With Low Fees	Programme Fee	Entrance Exam Accepted
Bangalore University	Rs. 66,000 to 75,000	PGCET & Other National Exams
Visvesvaraya Technical University (VTU), Bangalore	Rs. 56,000 to 65,000	PGCET & Other National Exam

The cost structure for Karnataka domicile and All India category applicants enrolling for the Bangalore University or VTU MBA degrees provided by university-affiliated MBA institutes, however, differs. MBA fees at MBA institutes are quite affordable for Karnataka domicile applicants, while they are more for All India candidates.

Top Government MBA Colleges In India

Although the IIMs are autonomous institutions, they fall under the category of government institutions as they are regulated and monitored by a panel appointed by the Ministry of Education. Check below, the top 10 government MBA colleges in India as per National Institute Ranking Framework (NIRF) rankings 2021:

Government MBA Colleges	NIRF Rankings 2021
Indian Institute of Management Ahmedabad	1
Indian Institute of Management Bangalore	2
Indian Institute of Management Calcutta	3
Indian Institute of Management Kozhikode	4
IIT Delhi – Department of Management Studies	5
Indian Institute of Management Indore	6
Indian Institute of Management Lucknow	7
IIT Kharagpur-VGSOM	9
IIT Bombay-SJMSOM	10
IIT Madras-Department of Management Studies	13

Top Government MBA Colleges In India

The table below shows the best 30 government MBA colleges in India along with their total tuition fee:

College Name	Top Government MBA Colleges In India With  Fee
IIM Ahmedabad Admission	INR 18.19 Lakh
IIM Bangalore Admission	INR 24.50 Lakh
IIM Calcutta Admission	INR 25 Lakh
IIM Lucknow Admission	INR 12.60 Lakh
IIM Indore Admission	INR 22.60 Lakh
IIM Kozhikode Admission	INR 20.50 Lakh

Top Government MBA Colleges In India: Admission Process and Fees

MBA admission includes Group Discussion (GD), Written Ability Test (WAT) and Personal Interview (PI). Given below is the table indicating top government colleges in India and their selection criteria as well as course fee:

Top MBA College	Selection Criteria And CutOffs	MBA Course Fee
Indian Institute of Management Ahmedabad	CAT + WAT and PI 99 percentile	INR 23 Lakh
Indian Institute of Management Bangalore	CAT + WAT and PI 99 percentile	INR 23 Lakh
Indian Institute of Management Calcutta	CAT + WAT and PI 99 percentile	INR 23 Lakh
Indian Institute of Management Kozhikode	CAT + WAT and PI 99 percentile	INR 19.00 Lakh
IIT Delhi – Department of Management Studies	CAT + GD, WAT and PI 90 percentile	INR 9.60 Lakh
Indian Institute of Management Indore	CAT + WAT and PI 98-99 percentile	INR 17.07 Lakh
IIT Delhi – Department of Management Studies	CAT + WAT and PI 98-99 percentile	INR 19.00 Lakh
IIT Kharagpur-VGSOM	CAT + GD, WAT and PI 90 percentile	INR 10.30 Lakh
IIT Bombay-SJMSOM	CAT + GD, WAT and PI 90 percentile	INR 8.67 Lakh
IIT Madras-Department of Management Studies	CAT + GD, WAT and PI 90 percentile	INR 6.91 Lakh

People Also Ask –

Top Government MBA Colleges in India with Low Fees

Q. Are there any government MBA colleges 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 best Government College for MBA in India?

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

Top Government MBA Colleges in India.

Top MBA Colleges	NIRF Rankings 2021
Indian Institute of Management Ahmedabad	1
Indian Institute of Management Bangalore	2
Indian Institute of Management Calcutta	3

Q. Which is the cheapest college for MBA in India?

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

Name Of The College	Average/Median Salary (in Rs.)
Delhi School of Economics, DU	–
Tata Institute of Social Sciences (TISS), Mumbai	Rs. 4.80 Lakhs
Pune University Department of Management Sciences (PUMBA)	–
FMS BHU	Rs. 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 Fees	Program Fee
SIMSREE, Mumbai	Rs. 1,36,000
Jamna Lal Bajaj Institute of Management Studies (JBIMS)	Rs. 6,00,000
BITS Pilani	Rs. 9,00,00
UBS Chandigarh-Panjab University	Rs. 38,000

Entry Exams For Admission To Top Government MBA Colleges In India

CAT is one of India’s most popular management entrance exams. It is administered by IIMs to allow admission to top IIMs, as well as other top B-schools in India. It is usually conducted in the last week or so of November. To select the best colleges MBA colleges in India, they use the CAT score.

IIFT is another common management entrance test that is administered by the National Testing Agency to determine eligibility for admission to MBA IB (International Business).

Many top Indian government MBA colleges also accept /MAT scores. It is done four times a year to be eligible for admission into more than 500 B-Schools in India.

Common MBA Courses in India

• Marketing and Sales
• Human Resource Management
• Banking and Finance
• International Business

Q. What is the placement assistance offered by Top Government MBA Colleges of India?

Ans. It is not surprising that every year, many candidates take entrance exams in an attempt to gain admission to top Indian government MBA colleges. The colleges offer excellent placements and a wide range of professional opportunities. IIMs are well-known for their placement support. The median package IIM Ahmedabad students receive is 22.80 LPA, according to statistics from previous years. Excellent support is also available at other Indian government MBA colleges.

• Top MBA Colleges with Low Fees: India’s Lowest Fee MBA colleges are the high RoI Management Institutes

• Top MBA colleges in India with Low fees charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2-year full-time residential MBA or PGDM programme. Other prominent MBA institutions, such as IIMs, XLRI, MDI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs.

Some of the best B-schools in India offering low-cost MBA programs are associated with or management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To gain admission to top MBA schools with inexpensive tuition, you must do well on an entrance test such as the CAT/XAT/CMAT/MAH CET and have great academic/work experience. 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. MBA in finance Mumbai colleges fresher salary in India ranges between ₹ 0.2 Lakhs to ₹ 52.8 Lakhs with an average annual salary of ₹ 2.8 Lakhs.

Admission for MBA in Mumbai is done on the basis of an entrance exam in top universities. Candidates must sit for a national, state, or universitylevel entrance exam such as CAT, XAT, etc to seek admission to the MBA course for the academic year 2022-2024. This includes the Best MBA colleges in Mumbai for finance

1. BITS School of Management (BITSoM) Powai, Mumbai.
2. GNVS Institute of ManagementSion, Mumbai.
3. Chetana’s Institute of Management and Research Bandra East, Mumbai.
4. SP Jain School of Global ManagementKurla West, Mumbai.
5. Indira Institute of Business ManagementNavi Mumbai, Mumbai

There are plenty of colleges with lower fees for mba in Mumbai and There are some MBA colleges that charge a bit higher fees like SPJIMR, NMIMS

Some insights of colleges from other regions as well: Fee Structure For MBA in Government Colleges

Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.

Colleges	Annual Fees
Jamia Millia Islamia University, New Delhi	INR 65,100
University of Delhi, Faculty of Management Studies, New Delhi	INR 96,000
Institute of Management Studies, Banaras Hindu University, Varanasi	INR 1,20,767
Department of Management Studies, Anna University, Chennai	INR 20,500
Pondicherry University, Pondicherry	INR 74,718
University of Jammu, Jammu	INR 78,071
Maharaja Sayajirao University of Baroda, Vadodara	INR 14,500
Ganpat University, Mehsana	INR 95,000
RKDF University, Bhopal	INR 50,000
Department of Management Science, Savitribai Phule Pune University, Pune	INR 66,194

Q. How can I get a scholarship for MBA in India?

Ans. MBA in India is one of the most popular degrees, ensuring students a successful career. For millions of students, it is more than just a diploma. It is a fantasy that will never be realized due to the exorbitant price involved. Given the high cost of the degree, government schools and the government are developing government scholarships for MBA students in India in order to give financial aid to worthy students through MBA scholarships in India.

Five well-known MBA scholarships available in India are listed below with their eligibility and steps to apply, have a look:

1. Post Graduate Merit Scholarship For University Rank Holder.
2. ONGC Foundation Scholarship Scheme for OBCs.
3. Post Graduate Scholarship for Professional Courses for SC/ST.
4. Merit cum Means Scholarship for Professional and Technical Courses
5. OPJEMS (O. P. Jindal Engineering & Management Scholarships)

Frequently Asked Questions about Top Government MBA Colleges In India 2023

1. Are there any government MBA colleges in India?

Ans. National Institute of Industrial Engineering, Mumbai, Department of Management Studies, Indian Institute of Technology, Delhi, JBIMS (Jamnalal Bajaj Institute of Management Studies, Mumbai), and Department of Management Studies, Indian Institute of Science, Bangalore are some other top government MBA colleges in India.

2. Which government MBA college has the best placement?

Ans. Top government MBA colleges in India according to placements

• Indian Institute of Management. Ahmadabad. 
• Indian Institute of Management. Bangalore.
• Indian Institute of Management. Calcutta. 
• Indian Institute of Management. Lucknow. 
• FMS. Delhi.

3. Is it good to do an MBA from Government College?

Ans. MBA can be equally beneficial even if done from private colleges provided that you have chosen one from the A-list. If you pursue MBA from a government college like IIMs you hold the reputation for the rest of your life. There are many students who get the same package from Tier-1 private colleges as the IIMs.

4. Why are MBA fees so high?

Ans. Many programs incorporate the costs of international business trips, real-world consulting projects, and other experiences into their fees. Equally, organizing career fairs, workshops, and coaching makes providing an MBA an expensive endeavor for schools.

5. Is IIM government or private?

Ans. The Indian Institutes of Management (IIMs) are central government-owned-public business schools for management profession offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of business administration.

6. What is the annual fees of MBA?

Ans. MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program. Take a look at MBA college fees in India range-wise also know the reason why MBA fee structure varies from one institute to another. MBA fees in India for the full-time programme ranges from INR 20,000 to INR 40 lakh.

7. Which MBA Specialisation is best?

Ans. Top 8 MBA Specialisation in India 2022

1. MBA in Marketing Management.
2. MBA in Financial Management.
3. MBA in Human Resource Management.
4. MBA in International Business. 
5. MBA in Logistics Management. 
6. MBA in Supply Chain Management. 
7. MBA in Enterprise Management.
8. MBA in Artificial Intelligence.

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

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

9. Which is best institute for MBA in India?

Ans. 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.

10. Which MBA has best placement?

Ans. Top MBA Colleges in India According to the Placements

#Rank	Name Of The College	Number Of Companies Visited
1.	IIM Ahmedabad	125
2.	IIM Bangalore	135
3.	IIM Calcutta	393
4.	FMS Delhi	93

11. Which MBA college gives the highest salary in India?

Ans. Best Placement MBA Colleges in India

Business School	Placement 2019 Average Salary	Placement 2018 Average Salary
IIM Bodhgaya	10.90	10.60
FORE New Delhi	10.80	10.40
IIM Sirmaur	9.20	12.00
SDMIMD Mysore	7.14	6.94

12. Which MBA has the highest salary?

Ans. Top 10 Highest-Paying MBA Concentrations

1. Finance.
2. Marketing.
3. Information Technology.
4. Information Security.
5. Human Resources.
6. Healthcare Management.
7. Real Estate.
8. International Business.

Reviews 

MBA is one of the most popular postgraduate programmes in India. The two-year programme 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 per cent are run by the Government. So if a candidate wants to study in government MBA colleges, so they have to study harder because competition is very tough.