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Top MBA Colleges in India – The Ultimate Guide to Best B-Schools in 2024

Top MBA Colleges in India – The Ultimate Guide to Best B-Schools in 2024

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Top MBA Colleges in India 2024: With thousands of management institutions across India, finding the ideal MBA college is a daunting task. From prestigious IIMs to top private institutions, each top MBA colleges in India offers a unique blend of academics, placements, and opportunities. Choosing the right school can shape your future, making it essential to evaluate them based on your career objectives, personal preferences, and academic background. In this article, we provide an extensive overview of the top MBA colleges in India, including key details such as fees, average salaries, and exam requirements.

Also Read: Top Schools in India

Key Factors for Choosing the Right MBA Colleges in India

Choose Top MBA Colleges in India: When narrowing down your options, it’s important to focus on a few non-negotiable parameters that can guide your decision. These questions can help you assess which schools best fit your profile:

  • Career Ambitions: What are your long-term career objectives, and which colleges have the best track record for your chosen career path?
  • Program Type: Are you looking for a residential or non-residential program? Do you prefer a particular location or region?
  • Financial Flexibility: How much are you willing to invest in your MBA education, considering the fees and potential return on investment?
  • Academic Profile: What is your academic background, and which colleges align best with your qualifications?
  • Preparation Time: How much time do you have for entrance exam preparation?

Answering these questions can simplify the process of finding the right top MBA colleges in India.

Also Read: CAT Syllabus 2024
Also Read: CAT Cutoff 2024

Evaluating Top MBA Colleges in India: Objective and Subjective Criteria

Each Top MBA colleges in India is distinct in terms of placements, IIRF, industry exposure, and learning environment. Some are recognized for offering a superior college experience, while others are known for their strong placements and specialized programs. Here’s what you should focus on when comparing colleges:

  • Placement Data: Review verified placement statistics, including the average CTC (Cost to Company) and placement percentages. Avoid colleges that inflate their placement figures.
  • Program Specialization: Different MBA programs from the same institution may vary in terms of focus. For example, some programs excel in Finance, while others may be known for Marketing or Operations.
  • Alumni Network: A strong alumni network can provide career guidance and networking opportunities.
  • Accreditation and Rankings: Always verify rankings from trusted sources and check if the college holds national or international accreditations like AMBA, AACSB, or EQUIS.

Also Read: Top Universities in India Ranking Fees Admission Placement

Top MBA Colleges in India – Business Institutes list with Salary, Fees, and Exams

Institute Name Average Salary (LPA) Fees (Rs. Lakhs) Exams Requirement
Faculty of Management Studies, University of Delhi (FMS) 34.1 4.92 CAT
Indian Institute of Management, Ahmedabad (IIM-A) (PGP) 34.45 24.61 CAT
Indian Institute of Management, Bangalore (IIM-B) (PGP + PGPBA) 32.5 24.7 CAT
Indian Institute of Management, Calcutta (IIM-C) (MBA) 35.07 31 CAT
Indian Institute of Management, Indore (IIM-I) (PGP) 25.68 21.17 CAT
Indian Institute of Management, Kozhikode (IIM-K) (PGP + PGP-Finance + PGP-LSM) 28.05 20.5 CAT
Indian Institute of Management, Lucknow (IIM-L) (PGP + PGP-ABM) 30 20.75 CAT
Indian School of Business (ISB) (PGP) 33.26 41.78 GMAT,GRE
S. P. Jain Institute of Management and Research (SPJIMR) (PGDM) 33.02 21 CAT,GMAT
XLRI – Xavier School of Management, Jamshedpur (XLRI) (PGDBM + PGDHRM) 32.7 28.6 XAT
Indian Institute of Foreign Trade (IIFT) (MBA-IB) 29.1 21.78 CAT
Indian Institute of Management Mumbai (IIM Mumbai) 33.8 21 CAT
Indian Institute of Management, Calcutta (IIM-C) (PGDBA) 29.71 25 PGDBA
Indian Institute Of Management, Shillong (IIM-Shillong) (PGP) 26.1 22.71 CAT
Indian Institute of Science, Bangalore (IISc) (M.Mgt) 26.8 5.42 CAT,GMAT
Indian Institute of Technology, Bombay (IIT-B SJMSOM) (MBA) 28.01 16 CAT
Jamnalal Bajaj Institute of Management Studies (JBIMS) (MMS) 26 9 CET,CAT,CMAT
Management Development Institute (MDI) (PGDM + PGDM-IB + PGDM-HRM) 25.5 28.16 CAT,GMAT
Tata Institute of Social Sciences, Mumbai (TISS) (HRM) 27.22 2.07 CUET PG
Tata Institute of Social Sciences, Mumbai (TISS) (ODCL) 25.4 9.24 CUET PG
Indian Institute of Management, Ahmedabad (IIM-A) (FABM) 21.5 25 CAT
Indian Institute of Management, Indore (IIM-I) (PGP-HRM) 22.65 18.42 CAT
Indian Institute of Management, Lucknow (IIM-L) (PGP-SM) 30.44 20.75 CAT
Indian Institute of Technology, Delhi (IIT-D DMS) (MBA) 17.6 11.2 CAT
SVKM’s NMIMS, Mumbai (MBA Core) 26.63 25.84 NMAT
Symbiosis Institute of Business Management, Pune (SIBM-Pune) (MBA) 28.16 26.8 SNAP
Great Lakes Institute of Management, Chennai (GLIM) (PGPM) 18.1 21.25 CAT,XAT,CMAT,GMAT,NMAT
Indian Institute of Management, Raipur (IIM-Raipur) (PGP) 19.7 16.28 CAT
Indian Institute of Management, Ranchi (IIM-Ranchi) (MBA) 18.69 17.5 CAT
Indian Institute Of Management, Rohtak (IIM-Rohtak) (PGP) 19.27 17.9 CAT
Indian Institute Of Management, Tiruchirappalli (IIM-Trichy) (PGPM + PGPM-HR) 19.43 19.7 CAT
Indian Institute Of Management, Udaipur (IIM-U) (MBA) 20.3 20.5 CAT
Indian Institute of Technology, Kharagpur (IIT KGP VGSOM) (MBA) 20.83 12.7 CAT
Indian Institute Of Technology, Madras (IIT-M DOMS) (MBA) 16.93 10.99 CAT
Jamnalal Bajaj Institute of Management Studies (JBIMS) (MSc Finance) 19.35 9 CAT,CET
MICA, Ahmedabad (PGDM-C + PGDM) 20.09 23 CAT,XAT,GMAT + MICAT
SVKM’s NMIMS, Mumbai (MBA HR) 19.56 25.84 NMAT
Symbiosis Centre For Management And Human Resource Development (SCMHRD Pune) (MBA) 24.28 24.12 SNAP
XIM University (MBA BM) 17.01 21.5 CAT,XAT,GMAT,X-GMT
BITSoM, BITS School of Management (MBA) 23.5 27.2 CAT,GMAT,GRE
DMS – IIT Roorkee – MBA 18.34 9.54 CAT
IMI Delhi – PGDM 17.2 22.25 CAT,XAT,GMAT
Indian Institute of Management, Amritsar (IIM Amritsar) (MBA + MBA BA + MBA HRM) 16.51 17.3 CAT
Indian Institute of Management, Jammu (IIM-Jammu) (MBA) 15.48 17.15 CAT
Indian Institute Of Management, Kashipur (IIM-Kashipur) (MBA + MBA Analytics) 18.1 17.3 CAT
Indian Institute of Management, Nagpur (IIM-N) (MBA) 16.29 18.9 CAT
Indian Institute of Management, Ranchi (IIM-Ranchi) (MBA-Business Analytics) 19.13 17.5 CAT
Indian Institute of Management, Ranchi (IIM-Ranchi) (MBA-HR) 18.37 17.5 CAT
Indian Institute of Management, Visakhapatnam (IIM-V) (PGP) 15.61 19 CAT
Indian Institute Of Technology, Kanpur (IME IIT Kanpur) (MBA) 18.14 11.5 CAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM) 17.35 21.54 CAT,GMAT,XAT
Jamnalal Bajaj Institute of Management Studies (JBIMS) (MHRD) 16.5 10 Own Test
Symbiosis Centre For Management And Human Resource Development (SCMHRD Pune) (MBA BA) 22.03 19.98 SNAP
Department of Humanities and Social Sciences, IIT Kharagpur MHRM 15.43 4.5 CAT
Goa Institute of Management (GIM) (PGDM) 14.87 21.04 CAT,XAT,CMAT,GMAT
Great Lakes Institute of Management, Chennai (GLIM) (PGDM) 15.65 20.8 CAT,XAT,CMAT,GMAT
Great Lakes Institute of Management, Gurgaon (GLIM) (PGPM) 15.8 20.25 CAT,XAT,CMAT,GMAT,NMAT
IMI Delhi – PGDM B&FS 16.48 22.25 CAT,XAT,GMAT
IMI Delhi – PGDM HRM 15.58 22.25 CAT,XAT,GMAT
Indian Institute of Management, Bodh Gaya (IIM-Bodh Gaya) (MBA) 13.9 17 CAT
Indian Institute of Management, Sambalpur (IIM Sambalpur) (MBA) 14.21 13.08 CAT
Indian Institute of Management, Sirmaur (IIM-Sirmaur) (MBA) 14.45 16 CAT
Institute
of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM-Marketing
18.08 19.53 CAT,GMAT,XAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM BFS) 16.27 19.53 CAT,GMAT,XAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM DCP) 16.56 27.23 CAT,GMAT,XAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM-Finance) 15.59 19.53 CAT,GMAT,XAT
IRMA Anand – PGDM RM 14.14 16.8 CAT,XAT,CMAT
Jio Institute – PGP in AI&DS Programme 19.34 9.75 CAT,GRE,GMAT,GATE,Own Test
Jio Institute – PGP in DM&MC Programme 17.52 9.75 CAT,GRE,GMAT,GATE,Own Test
Masters’
Union (PGP TBM)
34.07 25.44 CAT,GRE,GMAT,Own Test
SDA Bocconi Asia Center – IMBÂ 14.3 21.6 CAT,NMAT,GMAT,Bocconi Test,GRE
SIMSREE Mumbai – MMS 13.33 4.38 CET,CAT,CMAT
SME – IIT Jodhpur 13.03 11 CAT
SVKM’s NMIMS, Mumbai (Dual Degree MBA Decision Science & Analytics with Purdue University) 17.94 34 NMAT
SVKM’s NMIMS, Mumbai (MBA Business Analytics + MBA Digital Transformation) 17.85 20 NMAT
Symbiosis Centre For Management And Human Resource Development (SCMHRD Pune) (MBA IDM) 16.11 16.09 SNAP
T. A. Pai Management Institute (TAPMI Manipal) (MBA) 13.84 19.45 CAT,XAT,GMAT,NMAT
UBS Chandigarh – MBA 13.7 4.6 CAT
Xavier University, School of Human Resource Management (MBA HRM) 15.12 21.3 CAT,XAT,GMAT,X-GMT,NMAT
BITS Pilani – MBA BA 15.8 10.87 CAT,XAT,GMAT,Own Test
Department of Financial Studies (DFS DU) (MBA Finance) 17.1 2.3 CAT
FORE School of Management (PGDM + IB + BDA + FM) 16.1 20.42 CAT,XAT,GMAT
Goa Institute of Management (GIM) (PGDM BDA) 14.87 21.04 CAT,XAT,CMAT,GMAT,GAAT
Indian Institute of Management, Sirmaur (IIM-Sirmaur) (MBA Tourism & HM) 11.82 17.5 CAT,GMAT,IIM Sirmaur Test
Institute
of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM DCP)
16.56 27.23 CAT,XAT,GMAT
MBE Department of Business Economics Delhi (DBE DU) (MBA BE) 12.54 3.24 CAT
MIB Delhi School of Economics (DSE DU) (MBA HRD) 14 2.3 CAT
MIB Delhi School of Economics (DSE DU) (MBA IB) 13.94 2.3 CAT
SIOM – Nashik – MBA Operations 14.17 18.44 SNAP
Symbiosis Institute of International Business (SIIB) (MBA – International Business) 13.51 21 SNAP
T. A. Pai Management Institute (TAPMI Manipal) (MBA BKFS) 15.7 19.45 CAT,XAT,GMAT,NMAT
T. A. Pai Management Institute (TAPMI Manipal) (MBA HRM) 12.8 19.45 CAT,XAT,GMAT,NMAT
T. A. Pai Management Institute (TAPMI Manipal) (MBA Marketing) 14.8 19.45 CAT,XAT,GMAT,NMAT
Goa Institute of Management (GIM) (PGDM BIFS) 14.61 21.04 CAT,XAT,CMAT,GMAT
Goa Institute of Management (GIM) (PGDM HCM) 15 21.04 CAT,XAT,CMAT,GMAT
IIT(ISM) Dhanbad 17.01 4 CAT
K. J. Somaiya Institute of Management (SIMSR) (MBA) 11.35 21.5 CAT,XAT,GMAT,NMAT,CMAT
Lal Bahadur Shastri Institute of Management (LBSIM) (PGDM + PGDM FM + PGDM RBA + PGDM E-Business + PGDM AI & DS) 12.24 18.5 CAT,XAT,GMAT
MANAGE Hyderabad – PGDM ABM 11.51 8.5 CAT
MDI – Murshidabad – PGDM 11.05 15.51 CAT
Narsee Monjee Institute of Management Studies (NMIMS), Navi Mumbai 10.7 19.54 NMAT
NIBM Pune – PGDM BFS 14.16 16 CAT,XAT,CMAT
Nirma University Institute of Management (MBA General + MBA Integrated + MBA HRM) 13 10.8 CAT
NMIMS – Bengaluru – MBA 14 21.04 NMAT
Praxis Business School, Kolkata – PGP in Data Science (9 months) 13.5 6.05 Own Test
Shri Ram College Delhi – PGDM GBO 10.88 4.7 SRCC GBO
SIDTM Pune – MBA DTM 13.08 17.03 SNAP
Symbiosis Center for Information Technology, Pune (SCIT) (MBA DSDA) 13.96 17 SNAP
Symbiosis Center for Information Technology, Pune (SCIT) (MBA ITBM) 11.45 17 SNAP
Symbiosis Institute of Business Management, Bengaluru (SIBM-B) (MBA + MBA BA + MBA QF) 13.48 22 SNAP
Symbiosis Institute of International Business (SIIB) (MBA – Agri Business) 10.66 15.86 SNAP
Symbiosis Institute of International Business (SIIB) (MBA – Energy & Environment) 11.54 16.42 SNAP
WE School (Welingkar Mumbai) (PGDM Core) 12.88 16 CAT,XAT,CMAT,ATMA,GMAT
WE School (Welingkar Mumbai) (PGDM Research & Business Analytics) 12.33 16 CAT,XAT,CMAT,ATMA,GMAT
BIM Trichy – MBA 9.22 16.3 CAT,XAT,GMAT
Great Lakes Institute of Management, Gurgaon (GLIM) (PGDM) 11.6 17.75 CAT,XAT,CMAT,GMAT
IFMR Chennai – MBA 13.5 19.06 CAT,XAT,CMAT,NMAT,GMAT,GRE
Institute of Management Technology, Nagpur (IMT-N) (PGDM) 10.81 15.12 CAT,XAT,CMAT
LIBA Chennai – PGDM 11.6 19.29 CAT,XAT
Narsee Monjee Institute of Management Studies (NMIMS), Hyderabad 13.01 19.54 NMAT
Narsee Monjee Institute of Management Studies (NMIMS), Indore 12.5 17.54 NMAT
NIA Pune 12.5 12.5 CAT,CMAT
School of Inspired Leadership, Gurgaon (SOIL) (PGDM) 10.3 15.9 CAT,XAT,MAT,GMAT
School of Inspired Leadership, Gurgaon (SOIL) (PGPM) 11.5 15.9 CAT,XAT,MAT,GMAT
SP Jain School of Global Management (Masters in Global Business) (MGB) 19.84 32 CAT,GMAT,GRE,SPJAT
WE School (Welingkar Bengaluru) (PGDM BD + PGDM E-BIZ) 11 16 CMAT,ATMA,GMAT,CAT
Birla Institute of Management Technology (BIMTECH) (PGDM + PGDM International Business) 10.5 16.06 CAT,GMAT,XAT,CMAT
Birla Institute of Management Technology (BIMTECH) (PGDM Retail + PGDM Insurance Business) 8.92 16.06 CAT,GMAT,XAT,CMAT,MAT
Christ University Institute of Management (CUIM), Bangalore 8.69 9.96 CAT,MAT,CMAT,XAT,ATMA,GMAT,GRE
Faculty of Management Studies Banaras Hindu University (FMS BHU) (MBA + MBA AB + MBA IB) 11.4 3.98 CAT
FOSTIIMA BSchool, New Delhi 10.76 11.3 CAT,XAT,MAT,CMAT
Institute of Management Technology, Hyderabad (IMT-H) (PGDM) 12 15.03 CAT,XAT,CMAT,GMAT
International Management Institute (IMI), Bhubaneswar 12.02 16.3 CAT,XAT,CMAT,GMAT
International Management Institute (IMI), Kolkata 11.71 16 CAT,XAT,CMAT,GMAT
Jagdish Sheth School of Management (IFIM Business School, Bengaluru) 13 15.95 Own Test
NL Dalmia Institute of Management Studies and Research (PGDM) 10.28 14.7 CAT,XAT,CMAT,CET,MAT,ATMA,GMAT
Praxis Business School, Kolkata – PGDM 9.08 9.51 CAT,XAT,CMAT,GMAT,MAT,ATMA
PUMBA Pune – MBA 8.85 4.4 CET,CAT,CMAT
School of Inspired Leadership, Gurgaon (SOIL) (PGPM HR) 10.7 15.9 CAT,XAT,MAT,GMAT
School of Petroleum Management, Pandit Deendayal Petroleum University, Gandhinagar Gujarat 9.4 10.96 CAT,XAT,NMAT
SDMIMD Mysore – PGDM 9.8 12.1 CAT,XAT,CMAT,ATMA,GMAT,MAT
SIMS Pune – MBA 10.6 14.68 SNAP
Symbiosis school of banking and finance, Pune 11 18.23 SNAP
WE School (Welingkar Bengaluru) (PGDM Core) 10.52 16 CAT,XAT,CMAT,ATMA,GMAT
WE School (Welingkar Mumbai) (MMS) 9.96 9.8 CET,CAT,CMAT
WE School (Welingkar Mumbai) (PGDM others) 12.04 16 CAT,XAT,CMAT,ATMA,GMAT
Xavier University, School of Rural Management (MBA RM) 12.5 16.2 CAT,XAT,GMAT,X-GMT,NMAT
XIME Bangalore (PGDM + PGDM Business Analytics) 14.3 14.87 GMAT,CMAT,CAT,MAT,ATMA,XAT
Cochin School of Business 7.08 9.46 CAT,XAT,CMAT,MAT,ATMA
Delhi School of Management (Delhi Technological University), Delhi 7.5 4 CAT
DMS – NIT Trichy – MBA 7.9 3.17 CAT
FLAME University (MBA) 9.15 18.9 CAT,XAT,MAT,CMAT,NMAT,GMAT,CET
IFHE, IBS Hyderabad (MBA) 10.42 16.02 CAT,NMAT,GMAT,IBSAT
Indian Institute of Forest Management (IIFM) (PGDFM) 10.38 11.8 CAT,XAT,GMAT,CMAT,MAT
Indian Institute of Social Welfare & Business Management (IISWBM) (MBA + MBA HRM) 8 9 CAT
International School of Business & Media (ISB&M) Pune 11.2 14.2 CAT,XAT,CMAT,MAT,ATMA
National Institute of Technology (NIT), Calicut 9.63 4.8 CAT,CMAT
SIES School of Business Studies (PGDM Core + Biotech + Pharma + MMS) 8.11 12 CAT,XAT,CMAT,ATMA,GMAT,MAT
SSN School of Management & Computer Applications, Chennai 6.84 7.2 CAT,XAT,MAT,CMAT,ATMA
SVKM’s NMIMS, Mumbai (MBA Pharmaceutical Management) 11.15 16 NMAT
Symbiosis Institute of Business Management, Hyderabad (SIBM) 8.9 17.47 SNAP
Vivekanand Business School 8 8.8 CAT,XAT,MAT,CMAT,ATMA,CET,GMAT
St. Joseph’s Institute of Management (SJIM) 8 9.4 CAT,XAT,GMAT,CMAT,MAT,ATMA
Aditya Institute of Management Studies and Research (AIMSR) 6 7.9 CAT,CMAT,MAT,CET,XAT,ATMA
Alliance University (Alliance School of Business) (MBA) 8 15 CAT,MAT,XAT,GMAT,NMAT
Amrita School of Business (ASB), Coimbatore 8.33 15.76 CAT,XAT,CMAT,MAT,GRE
Balaji Institute of Modern Management, Pune 7.8 12.6 CAT,CET,XAT,MAT,CMAT
Bharati Vidyapeeth University, Institute of Management and Research, Delhi 6.2 9.5 Own Test
Chetana’s R. K. Institute of Management and Research 6.5 8.3 CET,CAT,MAT,XAT,ATMA,CMAT
CMS Business School (Jain University) 8.3 12.1 CAT,XAT,GMAT,MAT,CMAT,NMAT
ICFAI Business School (PGPM) 10.5 9.09 CAT,NMAT,IBSAT,XAT
IES Management college and research centre, Mumbai 6.5 12 CAT,XAT,CET,CMAT,MAT,ATMA,GMAT
IFHE off Campus, IBS Bangalore (MBA)& IBS other campuses (PGPM) ICFAI University, (MBA) 7.42 12.06 CAT,NMAT,IBSAT,XAT
IMS Ghaziabad – PGDM 8.25 10.75 CAT,MAT,XAT,CMAT
Indus Business Academy, Bangalore 7.8 11.12 CAT,XAT,CMAT,MAT,ATMA,GMAT,GRE,CET
Institute of Public Enterprise (IPE), Hyderabad 7.1 11.15 XAT,CMAT,MAT,ATMA,GMAT,CAT
Institute of Technology & Management (ITM), Navi Mumbai 8.65 13.45 CAT,XAT,CET,MAT,ATMA,CMAT,GMAT
Jaipuria Institute of Management 9.25 14.5 CAT,XAT,MAT,CMAT,GMAT
MATS Institute of Management and Entrepreneurship (Jain University) 10.65 10.2 CAT,XAT,MAT,CMAT,ATMA
University of Petroleum & Energy Studies, Dehradun 10 14.99 Own Test
JIMS Institute 8.1 9.3 CAT,XAT,MAT,CMAT,ATMA

Top MBA Colleges in India – A Comprehensive List

Below is a detailed list of top MBA colleges in India Government, Private, showcasing important information about fees, average salaries, and the exams they accept for admissions.

Top MBA Colleges in India – Business Schools (Government)

NATIONAL RANK BUSINESS SCHOOLS (Government)
1 IIM Ahmedabad-Indian Institute of Management, Ahmedabad
2 FMS-Faculty of Management Studies, University of Delhi, Delhi
3 IIM Calcutta-Indian Institute of Management Calcutta, Kolkata
4 IIM Bangalore-Indian Institute of Management Bangalore, Bengaluru
5 IIM Kozhikode-Indian Institute of Management, Kozhikode
6 IIM Lucknow-Indian Institute of Management, Lucknow
7 IIFT Delhi-Indian Institute of Foreign Trade, New Delhi
8 IIM Mumbai-Indian Institute of Management, Mumbai (Formerly, NITIE, Mumbai)
9 IIM Indore-Indian Institute of Management, Indore
10 IIT Bombay-Shailesh J Mehta School of Management, Indian Institute of Technology Bombay, Mumbai
11 IIM Raipur-Indian Institute of Management, Raipur
12 IIT Kharagpur-Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur
13 IIT Delhi-Dept. of Management Studies, Indian Institute of Technology Delhi, New Delhi
14 IIM Udaipur-Indian Institute of Management, Udaipur
15 IIM Ranchi-Indian Institute of Management, Ranchi
16 IIM Rohtak-Indian Institute of Management, Rohtak
17 IIT Madras-Department of Management Studies, Indian Institute of Technology Madras, Chennai
18 IIT Kharagpur-MHRM Department of Humanities and Social Science, Indian Institute of Technology, Kharagpur
19 JBIMS-Jamnalal Bajaj Institute of Management Studies, Mumbai
20 UBS-University Business School, Panjab University, Chandigarh
21 IIM Nagpur-Indian Institute of Management, Nagpur
22 IIT Roorkee-Dept. of Management Studies, Indian Institute of Technology, Roorkee
23 IIM Tiruchirappalli-Indian Institute of Management, Tiruchirappalli
24 IIM Visakhapatnam-Indian Institute of Management, Visakhapatnam
25 SIMSREE Mumbai-Sydenham Institute of Management Studies, Research And Entrepreneurship Education, Mumbai
26 BHU-Institute of Management Studies, Banaras Hindu University, Varanasi
27 DBE-DU-Department of Business Economics, University of Delhi, New Delhi
28 IIM Kashipur-Indian Institute of Management, Kashipur
29 IIT-ISM Dhanbad-Dept. of Management Studies, Indian Institute of Technology, Dhanbad
30 IIM Shillong-Indian Institute of Management, Shillong
31 IIM Jammu-Indian Institute of Management, Jammu
32 IIM Bodh Gaya-Indian Institute of Management, Bodh Gaya
33 IIM Amritsar-Indian Institute of Management, Amritsar
34 NIT Tiruchirapalli-National Institute of Technology, Tiruchirapalli
35 ABV-IIITM Gwalior-Atal Bihari Vajpayee-Indian Institute of Information Technology And Management, Gwalior
36 AMU-Faculty of Management Studies & Research, Aligarh Muslim University, Aligarh
37 IIM Sambalpur-Indian Institute of Management, Sambalpur
38 NTPC School of Business, Noida
39 IIM Sirmaur-Indian Institute of Management, Sirmaur
40 JMI-Centre for Management Studies, Jamia Millia Islamia, New Delhi
41 NIBM-National Institute of Bank Management, Pune
42 MANAGE-National Institute of Agricultural Extension Management, Hyderabad
43 IIFM Bhopal-Indian Institute of Forest Management, Bhopal
44 Faculty of Management Studies, M S University, Vadodara
45 School of Maritime Management, Indian Maritime University, Chennai

Top MBA Colleges in India – Business Schools (Private)

NATIONAL RANK BUSINESS SCHOOLS (Private)
1 XLRI-Xavier Labour Relations Institute, Jamshedpur
2 MDI-Management Development Institute, Gurgaon
3 SPJIMR-S P Jain Institute of Management & Research, Mumbai
4 SIBM-Symbiosis Institute of Business Management, Pune
5 SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune
6 XIMB-Xavier Institute of Management, XIM University, Bhubaneswar
7 NMIMS School of Business Management, Mumbai
8 IMI-International Management Institute, New Delhi
9 MICA, Ahmedabad
10 IMT-Institute of Management Technology, Ghaziabad
11 Great Lakes Institute of Management, Chennai
11 TAPMI-T A Pai Management Institute, Manipal
12 Woxsen University (Woxsen School of Business), Hyderabad
12 FORE School of Management, New Delhi
13 GIM-Goa Institute of Management, Goa
14 Dr. D. Y. Patil B-School, Pune
15 N. L. Dalmia Institute of Management Studies and Research, Mumbai
15 IBS-ICFAI Business School, Hyderabad
16 RCBS-Rajagiri Centre For Business Studies, Kochi
17 IMI– International Management Institute, Bhubaneswar
17 NIRMA University, (Institute of Management) Ahmedabad
18 IMT– Institute of Management Technology, Nagpur
18 K.J. Somaiya Institute of Management, Somaiya Vidyavihar University Mumbai
19 SCIT-Symbiosis Centre For Information Technology, Pune
19 BITS Pilani, Pilani Campus, Department of Management, Pilani
20 GBSRC– Global Business School & Research Centre, Dr. D. Y. Patil Vidyapeeth, Pune
20 LBSIM-Lal Bahadur Shastri Institute of Management, New Delhi
21 IRMA-Institute of Rural Management Anand, Anand
21 JSSCMS– JSS Centre For Management Studies, JSS Science & Technology University, Mysuru
22 IMI-International Management Institute, Kolkata
22 TAXILA Business School, Jaipur
23 BIMTECH-Birla Institute of Management Technology, Greater Noida
23 Chitkara Business School, Rajpura-Patiala
24 LIBA-Loyola Institute of Business Administration, Chennai
25 SIOM-Symbiosis Institute of Operations Management, Nashik
26 VITBS– VIT Business School, VIT Vellore
27 AMITY Business School, Noida
27 NBS-Narayana Business School, Ahmedabad
28 Amrita School of Business, Coimbatore
28 SSIM-Siva Sivani Institute of Management, Hyderabad
29 MYRA School of Business, Mysuru
29 MSRIM– M S Ramaiah Institute of Management, Bengaluru
30 International Institute of Management Studies (IIMS, Pune)
31 Jaipuria Institute of Management (JIM), Noida
32 SVKM’s Narsee Monjee Institute of Management Studies, Bengaluru
32 SSBF– Symbiosis School of Banking & Finance, Pune
33 IMS Ghaziabad-Institute of Management Studies, Ghaziabad
34 Globsyn Business School, Kolkata
35 BML Munjal University (School of Management), Gurugram

Choosing the Best MBA College for Your Career Goals

Return on Investment (IIRF)

A critical factor in selecting an MBA program is the return on investment (IIRF). IIRF is calculated by comparing the total cost of the program to the average starting salary upon graduation. For instance, a high IIRF school like FMS Delhi, which offers a ₹34 LPA average salary with fees under ₹5 lakhs, stands out as one of the most cost-effective MBA programs in India.

Specializations and Placement Opportunities

Colleges like IIM Ahmedabad and XLRI Jamshedpur offer specialized programs that cater to various career paths. IIM Ahmedabad is renowned for its general management program, while XLRI has a reputation for excellence in Human Resources Management (HRM). Make sure to research which specializations are offered and align them with your career objectives.

Global Exposure and Exchange Programs

Several top MBA colleges in India offer international exchange programs and collaborations with global institutions. This provides students with global exposure, a critical advantage in today’s interconnected economy. Institutions like ISB Hyderabad and SPJIMR Mumbai excel in providing international immersion experiences through collaborations with top global B-schools.

Also Read: Top Engineering Colleges in India Ranking Admission Placement Fees

Conclusion

Choosing the best MBA college in India involves a thorough evaluation of several factors, from placements and IIRF to specialized programs and global exposure. By considering your own career goals, financial situation, and academic background, you can narrow down the list to the institutions that best fit your needs. The top MBA colleges in India offer a transformative educational experience, positioning you for success in the corporate world and beyond.

Frequently Asked Questions (FAQs)

  1. What are the top 5 MBA colleges in India based on placements?
  • Indian Institute of Management (IIM) Ahmedabad
  • Indian Institute of Management (IIM) Calcutta
  • Indian Institute of Management (IIM) Bangalore
  • Indian School of Business (ISB), Hyderabad
  • Xavier School of Management (XLRI), Jamshedpur
  1. How should I choose between different MBA programs?

Look at the IIRF, specializations offered, faculty expertise, and the strength of the alumni network. Additionally, consider the industry linkages and placement opportunities each college offers.

  1. What are the most important factors to consider when choosing an MBA college?
  • Fees and IIRF
  • Specialization and academic focus
  • Placement statistics and industry linkages
  • Location and lifestyle preferences
  • Alumni network and global exposure
  1. Are private MBA colleges in India worth considering? 

Yes, many private MBA colleges in India like SPJIMR, MDI Gurgaon, and SIBM Pune provide excellent academic programs, industry exposure, and strong placements, making them a viable choice alongside the IIMs.

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Top MBA Colleges in India – The Ultimate Guide to Best B-Schools in 2024

September 21, 2024

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Top MBA Colleges in India 2024: With thousands of management institutions across India, finding the ideal MBA college is a daunting task. From prestigious IIMs to top private institutions, each top MBA colleges in India offers a unique blend of academics, placements, and opportunities. Choosing the right school can shape your future, making it essential to evaluate them based on your career objectives, personal preferences, and academic background. In this article, we provide an extensive overview of the top MBA colleges in India, including key details such as fees, average salaries, and exam requirements.

Also Read: Top Schools in India

Key Factors for Choosing the Right MBA Colleges in India

Choose Top MBA Colleges in India: When narrowing down your options, it’s important to focus on a few non-negotiable parameters that can guide your decision. These questions can help you assess which schools best fit your profile:

  • Career Ambitions: What are your long-term career objectives, and which colleges have the best track record for your chosen career path?
  • Program Type: Are you looking for a residential or non-residential program? Do you prefer a particular location or region?
  • Financial Flexibility: How much are you willing to invest in your MBA education, considering the fees and potential return on investment?
  • Academic Profile: What is your academic background, and which colleges align best with your qualifications?
  • Preparation Time: How much time do you have for entrance exam preparation?

Answering these questions can simplify the process of finding the right top MBA colleges in India.

Also Read: CAT Syllabus 2024
Also Read: CAT Cutoff 2024

Evaluating Top MBA Colleges in India: Objective and Subjective Criteria

Each Top MBA colleges in India is distinct in terms of placements, IIRF, industry exposure, and learning environment. Some are recognized for offering a superior college experience, while others are known for their strong placements and specialized programs. Here’s what you should focus on when comparing colleges:

  • Placement Data: Review verified placement statistics, including the average CTC (Cost to Company) and placement percentages. Avoid colleges that inflate their placement figures.
  • Program Specialization: Different MBA programs from the same institution may vary in terms of focus. For example, some programs excel in Finance, while others may be known for Marketing or Operations.
  • Alumni Network: A strong alumni network can provide career guidance and networking opportunities.
  • Accreditation and Rankings: Always verify rankings from trusted sources and check if the college holds national or international accreditations like AMBA, AACSB, or EQUIS.

Also Read: Top Universities in India Ranking Fees Admission Placement

Top MBA Colleges in India – Business Institutes list with Salary, Fees, and Exams

Institute Name Average Salary (LPA) Fees (Rs. Lakhs) Exams Requirement
Faculty of Management Studies, University of Delhi (FMS) 34.1 4.92 CAT
Indian Institute of Management, Ahmedabad (IIM-A) (PGP) 34.45 24.61 CAT
Indian Institute of Management, Bangalore (IIM-B) (PGP + PGPBA) 32.5 24.7 CAT
Indian Institute of Management, Calcutta (IIM-C) (MBA) 35.07 31 CAT
Indian Institute of Management, Indore (IIM-I) (PGP) 25.68 21.17 CAT
Indian Institute of Management, Kozhikode (IIM-K) (PGP + PGP-Finance + PGP-LSM) 28.05 20.5 CAT
Indian Institute of Management, Lucknow (IIM-L) (PGP + PGP-ABM) 30 20.75 CAT
Indian School of Business (ISB) (PGP) 33.26 41.78 GMAT,GRE
S. P. Jain Institute of Management and Research (SPJIMR) (PGDM) 33.02 21 CAT,GMAT
XLRI – Xavier School of Management, Jamshedpur (XLRI) (PGDBM + PGDHRM) 32.7 28.6 XAT
Indian Institute of Foreign Trade (IIFT) (MBA-IB) 29.1 21.78 CAT
Indian Institute of Management Mumbai (IIM Mumbai) 33.8 21 CAT
Indian Institute of Management, Calcutta (IIM-C) (PGDBA) 29.71 25 PGDBA
Indian Institute Of Management, Shillong (IIM-Shillong) (PGP) 26.1 22.71 CAT
Indian Institute of Science, Bangalore (IISc) (M.Mgt) 26.8 5.42 CAT,GMAT
Indian Institute of Technology, Bombay (IIT-B SJMSOM) (MBA) 28.01 16 CAT
Jamnalal Bajaj Institute of Management Studies (JBIMS) (MMS) 26 9 CET,CAT,CMAT
Management Development Institute (MDI) (PGDM + PGDM-IB + PGDM-HRM) 25.5 28.16 CAT,GMAT
Tata Institute of Social Sciences, Mumbai (TISS) (HRM) 27.22 2.07 CUET PG
Tata Institute of Social Sciences, Mumbai (TISS) (ODCL) 25.4 9.24 CUET PG
Indian Institute of Management, Ahmedabad (IIM-A) (FABM) 21.5 25 CAT
Indian Institute of Management, Indore (IIM-I) (PGP-HRM) 22.65 18.42 CAT
Indian Institute of Management, Lucknow (IIM-L) (PGP-SM) 30.44 20.75 CAT
Indian Institute of Technology, Delhi (IIT-D DMS) (MBA) 17.6 11.2 CAT
SVKM’s NMIMS, Mumbai (MBA Core) 26.63 25.84 NMAT
Symbiosis Institute of Business Management, Pune (SIBM-Pune) (MBA) 28.16 26.8 SNAP
Great Lakes Institute of Management, Chennai (GLIM) (PGPM) 18.1 21.25 CAT,XAT,CMAT,GMAT,NMAT
Indian Institute of Management, Raipur (IIM-Raipur) (PGP) 19.7 16.28 CAT
Indian Institute of Management, Ranchi (IIM-Ranchi) (MBA) 18.69 17.5 CAT
Indian Institute Of Management, Rohtak (IIM-Rohtak) (PGP) 19.27 17.9 CAT
Indian Institute Of Management, Tiruchirappalli (IIM-Trichy) (PGPM + PGPM-HR) 19.43 19.7 CAT
Indian Institute Of Management, Udaipur (IIM-U) (MBA) 20.3 20.5 CAT
Indian Institute of Technology, Kharagpur (IIT KGP VGSOM) (MBA) 20.83 12.7 CAT
Indian Institute Of Technology, Madras (IIT-M DOMS) (MBA) 16.93 10.99 CAT
Jamnalal Bajaj Institute of Management Studies (JBIMS) (MSc Finance) 19.35 9 CAT,CET
MICA, Ahmedabad (PGDM-C + PGDM) 20.09 23 CAT,XAT,GMAT + MICAT
SVKM’s NMIMS, Mumbai (MBA HR) 19.56 25.84 NMAT
Symbiosis Centre For Management And Human Resource Development (SCMHRD Pune) (MBA) 24.28 24.12 SNAP
XIM University (MBA BM) 17.01 21.5 CAT,XAT,GMAT,X-GMT
BITSoM, BITS School of Management (MBA) 23.5 27.2 CAT,GMAT,GRE
DMS – IIT Roorkee – MBA 18.34 9.54 CAT
IMI Delhi – PGDM 17.2 22.25 CAT,XAT,GMAT
Indian Institute of Management, Amritsar (IIM Amritsar) (MBA + MBA BA + MBA HRM) 16.51 17.3 CAT
Indian Institute of Management, Jammu (IIM-Jammu) (MBA) 15.48 17.15 CAT
Indian Institute Of Management, Kashipur (IIM-Kashipur) (MBA + MBA Analytics) 18.1 17.3 CAT
Indian Institute of Management, Nagpur (IIM-N) (MBA) 16.29 18.9 CAT
Indian Institute of Management, Ranchi (IIM-Ranchi) (MBA-Business Analytics) 19.13 17.5 CAT
Indian Institute of Management, Ranchi (IIM-Ranchi) (MBA-HR) 18.37 17.5 CAT
Indian Institute of Management, Visakhapatnam (IIM-V) (PGP) 15.61 19 CAT
Indian Institute Of Technology, Kanpur (IME IIT Kanpur) (MBA) 18.14 11.5 CAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM) 17.35 21.54 CAT,GMAT,XAT
Jamnalal Bajaj Institute of Management Studies (JBIMS) (MHRD) 16.5 10 Own Test
Symbiosis Centre For Management And Human Resource Development (SCMHRD Pune) (MBA BA) 22.03 19.98 SNAP
Department of Humanities and Social Sciences, IIT Kharagpur MHRM 15.43 4.5 CAT
Goa Institute of Management (GIM) (PGDM) 14.87 21.04 CAT,XAT,CMAT,GMAT
Great Lakes Institute of Management, Chennai (GLIM) (PGDM) 15.65 20.8 CAT,XAT,CMAT,GMAT
Great Lakes Institute of Management, Gurgaon (GLIM) (PGPM) 15.8 20.25 CAT,XAT,CMAT,GMAT,NMAT
IMI Delhi – PGDM B&FS 16.48 22.25 CAT,XAT,GMAT
IMI Delhi – PGDM HRM 15.58 22.25 CAT,XAT,GMAT
Indian Institute of Management, Bodh Gaya (IIM-Bodh Gaya) (MBA) 13.9 17 CAT
Indian Institute of Management, Sambalpur (IIM Sambalpur) (MBA) 14.21 13.08 CAT
Indian Institute of Management, Sirmaur (IIM-Sirmaur) (MBA) 14.45 16 CAT
Institute
of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM-Marketing
18.08 19.53 CAT,GMAT,XAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM BFS) 16.27 19.53 CAT,GMAT,XAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM DCP) 16.56 27.23 CAT,GMAT,XAT
Institute of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM-Finance) 15.59 19.53 CAT,GMAT,XAT
IRMA Anand – PGDM RM 14.14 16.8 CAT,XAT,CMAT
Jio Institute – PGP in AI&DS Programme 19.34 9.75 CAT,GRE,GMAT,GATE,Own Test
Jio Institute – PGP in DM&MC Programme 17.52 9.75 CAT,GRE,GMAT,GATE,Own Test
Masters’
Union (PGP TBM)
34.07 25.44 CAT,GRE,GMAT,Own Test
SDA Bocconi Asia Center – IMBÂ 14.3 21.6 CAT,NMAT,GMAT,Bocconi Test,GRE
SIMSREE Mumbai – MMS 13.33 4.38 CET,CAT,CMAT
SME – IIT Jodhpur 13.03 11 CAT
SVKM’s NMIMS, Mumbai (Dual Degree MBA Decision Science & Analytics with Purdue University) 17.94 34 NMAT
SVKM’s NMIMS, Mumbai (MBA Business Analytics + MBA Digital Transformation) 17.85 20 NMAT
Symbiosis Centre For Management And Human Resource Development (SCMHRD Pune) (MBA IDM) 16.11 16.09 SNAP
T. A. Pai Management Institute (TAPMI Manipal) (MBA) 13.84 19.45 CAT,XAT,GMAT,NMAT
UBS Chandigarh – MBA 13.7 4.6 CAT
Xavier University, School of Human Resource Management (MBA HRM) 15.12 21.3 CAT,XAT,GMAT,X-GMT,NMAT
BITS Pilani – MBA BA 15.8 10.87 CAT,XAT,GMAT,Own Test
Department of Financial Studies (DFS DU) (MBA Finance) 17.1 2.3 CAT
FORE School of Management (PGDM + IB + BDA + FM) 16.1 20.42 CAT,XAT,GMAT
Goa Institute of Management (GIM) (PGDM BDA) 14.87 21.04 CAT,XAT,CMAT,GMAT,GAAT
Indian Institute of Management, Sirmaur (IIM-Sirmaur) (MBA Tourism & HM) 11.82 17.5 CAT,GMAT,IIM Sirmaur Test
Institute
of Management Technology, Ghaziabad (IMT-Ghaziabad) (PGDM DCP)
16.56 27.23 CAT,XAT,GMAT
MBE Department of Business Economics Delhi (DBE DU) (MBA BE) 12.54 3.24 CAT
MIB Delhi School of Economics (DSE DU) (MBA HRD) 14 2.3 CAT
MIB Delhi School of Economics (DSE DU) (MBA IB) 13.94 2.3 CAT
SIOM – Nashik – MBA Operations 14.17 18.44 SNAP
Symbiosis Institute of International Business (SIIB) (MBA – International Business) 13.51 21 SNAP
T. A. Pai Management Institute (TAPMI Manipal) (MBA BKFS) 15.7 19.45 CAT,XAT,GMAT,NMAT
T. A. Pai Management Institute (TAPMI Manipal) (MBA HRM) 12.8 19.45 CAT,XAT,GMAT,NMAT
T. A. Pai Management Institute (TAPMI Manipal) (MBA Marketing) 14.8 19.45 CAT,XAT,GMAT,NMAT
Goa Institute of Management (GIM) (PGDM BIFS) 14.61 21.04 CAT,XAT,CMAT,GMAT
Goa Institute of Management (GIM) (PGDM HCM) 15 21.04 CAT,XAT,CMAT,GMAT
IIT(ISM) Dhanbad 17.01 4 CAT
K. J. Somaiya Institute of Management (SIMSR) (MBA) 11.35 21.5 CAT,XAT,GMAT,NMAT,CMAT
Lal Bahadur Shastri Institute of Management (LBSIM) (PGDM + PGDM FM + PGDM RBA + PGDM E-Business + PGDM AI & DS) 12.24 18.5 CAT,XAT,GMAT
MANAGE Hyderabad – PGDM ABM 11.51 8.5 CAT
MDI – Murshidabad – PGDM 11.05 15.51 CAT
Narsee Monjee Institute of Management Studies (NMIMS), Navi Mumbai 10.7 19.54 NMAT
NIBM Pune – PGDM BFS 14.16 16 CAT,XAT,CMAT
Nirma University Institute of Management (MBA General + MBA Integrated + MBA HRM) 13 10.8 CAT
NMIMS – Bengaluru – MBA 14 21.04 NMAT
Praxis Business School, Kolkata – PGP in Data Science (9 months) 13.5 6.05 Own Test
Shri Ram College Delhi – PGDM GBO 10.88 4.7 SRCC GBO
SIDTM Pune – MBA DTM 13.08 17.03 SNAP
Symbiosis Center for Information Technology, Pune (SCIT) (MBA DSDA) 13.96 17 SNAP
Symbiosis Center for Information Technology, Pune (SCIT) (MBA ITBM) 11.45 17 SNAP
Symbiosis Institute of Business Management, Bengaluru (SIBM-B) (MBA + MBA BA + MBA QF) 13.48 22 SNAP
Symbiosis Institute of International Business (SIIB) (MBA – Agri Business) 10.66 15.86 SNAP
Symbiosis Institute of International Business (SIIB) (MBA – Energy & Environment) 11.54 16.42 SNAP
WE School (Welingkar Mumbai) (PGDM Core) 12.88 16 CAT,XAT,CMAT,ATMA,GMAT
WE School (Welingkar Mumbai) (PGDM Research & Business Analytics) 12.33 16 CAT,XAT,CMAT,ATMA,GMAT
BIM Trichy – MBA 9.22 16.3 CAT,XAT,GMAT
Great Lakes Institute of Management, Gurgaon (GLIM) (PGDM) 11.6 17.75 CAT,XAT,CMAT,GMAT
IFMR Chennai – MBA 13.5 19.06 CAT,XAT,CMAT,NMAT,GMAT,GRE
Institute of Management Technology, Nagpur (IMT-N) (PGDM) 10.81 15.12 CAT,XAT,CMAT
LIBA Chennai – PGDM 11.6 19.29 CAT,XAT
Narsee Monjee Institute of Management Studies (NMIMS), Hyderabad 13.01 19.54 NMAT
Narsee Monjee Institute of Management Studies (NMIMS), Indore 12.5 17.54 NMAT
NIA Pune 12.5 12.5 CAT,CMAT
School of Inspired Leadership, Gurgaon (SOIL) (PGDM) 10.3 15.9 CAT,XAT,MAT,GMAT
School of Inspired Leadership, Gurgaon (SOIL) (PGPM) 11.5 15.9 CAT,XAT,MAT,GMAT
SP Jain School of Global Management (Masters in Global Business) (MGB) 19.84 32 CAT,GMAT,GRE,SPJAT
WE School (Welingkar Bengaluru) (PGDM BD + PGDM E-BIZ) 11 16 CMAT,ATMA,GMAT,CAT
Birla Institute of Management Technology (BIMTECH) (PGDM + PGDM International Business) 10.5 16.06 CAT,GMAT,XAT,CMAT
Birla Institute of Management Technology (BIMTECH) (PGDM Retail + PGDM Insurance Business) 8.92 16.06 CAT,GMAT,XAT,CMAT,MAT
Christ University Institute of Management (CUIM), Bangalore 8.69 9.96 CAT,MAT,CMAT,XAT,ATMA,GMAT,GRE
Faculty of Management Studies Banaras Hindu University (FMS BHU) (MBA + MBA AB + MBA IB) 11.4 3.98 CAT
FOSTIIMA BSchool, New Delhi 10.76 11.3 CAT,XAT,MAT,CMAT
Institute of Management Technology, Hyderabad (IMT-H) (PGDM) 12 15.03 CAT,XAT,CMAT,GMAT
International Management Institute (IMI), Bhubaneswar 12.02 16.3 CAT,XAT,CMAT,GMAT
International Management Institute (IMI), Kolkata 11.71 16 CAT,XAT,CMAT,GMAT
Jagdish Sheth School of Management (IFIM Business School, Bengaluru) 13 15.95 Own Test
NL Dalmia Institute of Management Studies and Research (PGDM) 10.28 14.7 CAT,XAT,CMAT,CET,MAT,ATMA,GMAT
Praxis Business School, Kolkata – PGDM 9.08 9.51 CAT,XAT,CMAT,GMAT,MAT,ATMA
PUMBA Pune – MBA 8.85 4.4 CET,CAT,CMAT
School of Inspired Leadership, Gurgaon (SOIL) (PGPM HR) 10.7 15.9 CAT,XAT,MAT,GMAT
School of Petroleum Management, Pandit Deendayal Petroleum University, Gandhinagar Gujarat 9.4 10.96 CAT,XAT,NMAT
SDMIMD Mysore – PGDM 9.8 12.1 CAT,XAT,CMAT,ATMA,GMAT,MAT
SIMS Pune – MBA 10.6 14.68 SNAP
Symbiosis school of banking and finance, Pune 11 18.23 SNAP
WE School (Welingkar Bengaluru) (PGDM Core) 10.52 16 CAT,XAT,CMAT,ATMA,GMAT
WE School (Welingkar Mumbai) (MMS) 9.96 9.8 CET,CAT,CMAT
WE School (Welingkar Mumbai) (PGDM others) 12.04 16 CAT,XAT,CMAT,ATMA,GMAT
Xavier University, School of Rural Management (MBA RM) 12.5 16.2 CAT,XAT,GMAT,X-GMT,NMAT
XIME Bangalore (PGDM + PGDM Business Analytics) 14.3 14.87 GMAT,CMAT,CAT,MAT,ATMA,XAT
Cochin School of Business 7.08 9.46 CAT,XAT,CMAT,MAT,ATMA
Delhi School of Management (Delhi Technological University), Delhi 7.5 4 CAT
DMS – NIT Trichy – MBA 7.9 3.17 CAT
FLAME University (MBA) 9.15 18.9 CAT,XAT,MAT,CMAT,NMAT,GMAT,CET
IFHE, IBS Hyderabad (MBA) 10.42 16.02 CAT,NMAT,GMAT,IBSAT
Indian Institute of Forest Management (IIFM) (PGDFM) 10.38 11.8 CAT,XAT,GMAT,CMAT,MAT
Indian Institute of Social Welfare & Business Management (IISWBM) (MBA + MBA HRM) 8 9 CAT
International School of Business & Media (ISB&M) Pune 11.2 14.2 CAT,XAT,CMAT,MAT,ATMA
National Institute of Technology (NIT), Calicut 9.63 4.8 CAT,CMAT
SIES School of Business Studies (PGDM Core + Biotech + Pharma + MMS) 8.11 12 CAT,XAT,CMAT,ATMA,GMAT,MAT
SSN School of Management & Computer Applications, Chennai 6.84 7.2 CAT,XAT,MAT,CMAT,ATMA
SVKM’s NMIMS, Mumbai (MBA Pharmaceutical Management) 11.15 16 NMAT
Symbiosis Institute of Business Management, Hyderabad (SIBM) 8.9 17.47 SNAP
Vivekanand Business School 8 8.8 CAT,XAT,MAT,CMAT,ATMA,CET,GMAT
St. Joseph’s Institute of Management (SJIM) 8 9.4 CAT,XAT,GMAT,CMAT,MAT,ATMA
Aditya Institute of Management Studies and Research (AIMSR) 6 7.9 CAT,CMAT,MAT,CET,XAT,ATMA
Alliance University (Alliance School of Business) (MBA) 8 15 CAT,MAT,XAT,GMAT,NMAT
Amrita School of Business (ASB), Coimbatore 8.33 15.76 CAT,XAT,CMAT,MAT,GRE
Balaji Institute of Modern Management, Pune 7.8 12.6 CAT,CET,XAT,MAT,CMAT
Bharati Vidyapeeth University, Institute of Management and Research, Delhi 6.2 9.5 Own Test
Chetana’s R. K. Institute of Management and Research 6.5 8.3 CET,CAT,MAT,XAT,ATMA,CMAT
CMS Business School (Jain University) 8.3 12.1 CAT,XAT,GMAT,MAT,CMAT,NMAT
ICFAI Business School (PGPM) 10.5 9.09 CAT,NMAT,IBSAT,XAT
IES Management college and research centre, Mumbai 6.5 12 CAT,XAT,CET,CMAT,MAT,ATMA,GMAT
IFHE off Campus, IBS Bangalore (MBA)& IBS other campuses (PGPM) ICFAI University, (MBA) 7.42 12.06 CAT,NMAT,IBSAT,XAT
IMS Ghaziabad – PGDM 8.25 10.75 CAT,MAT,XAT,CMAT
Indus Business Academy, Bangalore 7.8 11.12 CAT,XAT,CMAT,MAT,ATMA,GMAT,GRE,CET
Institute of Public Enterprise (IPE), Hyderabad 7.1 11.15 XAT,CMAT,MAT,ATMA,GMAT,CAT
Institute of Technology & Management (ITM), Navi Mumbai 8.65 13.45 CAT,XAT,CET,MAT,ATMA,CMAT,GMAT
Jaipuria Institute of Management 9.25 14.5 CAT,XAT,MAT,CMAT,GMAT
MATS Institute of Management and Entrepreneurship (Jain University) 10.65 10.2 CAT,XAT,MAT,CMAT,ATMA
University of Petroleum & Energy Studies, Dehradun 10 14.99 Own Test
JIMS Institute 8.1 9.3 CAT,XAT,MAT,CMAT,ATMA

Top MBA Colleges in India – A Comprehensive List

Below is a detailed list of top MBA colleges in India Government, Private, showcasing important information about fees, average salaries, and the exams they accept for admissions.

Top MBA Colleges in India – Business Schools (Government)

NATIONAL RANK BUSINESS SCHOOLS (Government)
1 IIM Ahmedabad-Indian Institute of Management, Ahmedabad
2 FMS-Faculty of Management Studies, University of Delhi, Delhi
3 IIM Calcutta-Indian Institute of Management Calcutta, Kolkata
4 IIM Bangalore-Indian Institute of Management Bangalore, Bengaluru
5 IIM Kozhikode-Indian Institute of Management, Kozhikode
6 IIM Lucknow-Indian Institute of Management, Lucknow
7 IIFT Delhi-Indian Institute of Foreign Trade, New Delhi
8 IIM Mumbai-Indian Institute of Management, Mumbai (Formerly, NITIE, Mumbai)
9 IIM Indore-Indian Institute of Management, Indore
10 IIT Bombay-Shailesh J Mehta School of Management, Indian Institute of Technology Bombay, Mumbai
11 IIM Raipur-Indian Institute of Management, Raipur
12 IIT Kharagpur-Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur
13 IIT Delhi-Dept. of Management Studies, Indian Institute of Technology Delhi, New Delhi
14 IIM Udaipur-Indian Institute of Management, Udaipur
15 IIM Ranchi-Indian Institute of Management, Ranchi
16 IIM Rohtak-Indian Institute of Management, Rohtak
17 IIT Madras-Department of Management Studies, Indian Institute of Technology Madras, Chennai
18 IIT Kharagpur-MHRM Department of Humanities and Social Science, Indian Institute of Technology, Kharagpur
19 JBIMS-Jamnalal Bajaj Institute of Management Studies, Mumbai
20 UBS-University Business School, Panjab University, Chandigarh
21 IIM Nagpur-Indian Institute of Management, Nagpur
22 IIT Roorkee-Dept. of Management Studies, Indian Institute of Technology, Roorkee
23 IIM Tiruchirappalli-Indian Institute of Management, Tiruchirappalli
24 IIM Visakhapatnam-Indian Institute of Management, Visakhapatnam
25 SIMSREE Mumbai-Sydenham Institute of Management Studies, Research And Entrepreneurship Education, Mumbai
26 BHU-Institute of Management Studies, Banaras Hindu University, Varanasi
27 DBE-DU-Department of Business Economics, University of Delhi, New Delhi
28 IIM Kashipur-Indian Institute of Management, Kashipur
29 IIT-ISM Dhanbad-Dept. of Management Studies, Indian Institute of Technology, Dhanbad
30 IIM Shillong-Indian Institute of Management, Shillong
31 IIM Jammu-Indian Institute of Management, Jammu
32 IIM Bodh Gaya-Indian Institute of Management, Bodh Gaya
33 IIM Amritsar-Indian Institute of Management, Amritsar
34 NIT Tiruchirapalli-National Institute of Technology, Tiruchirapalli
35 ABV-IIITM Gwalior-Atal Bihari Vajpayee-Indian Institute of Information Technology And Management, Gwalior
36 AMU-Faculty of Management Studies & Research, Aligarh Muslim University, Aligarh
37 IIM Sambalpur-Indian Institute of Management, Sambalpur
38 NTPC School of Business, Noida
39 IIM Sirmaur-Indian Institute of Management, Sirmaur
40 JMI-Centre for Management Studies, Jamia Millia Islamia, New Delhi
41 NIBM-National Institute of Bank Management, Pune
42 MANAGE-National Institute of Agricultural Extension Management, Hyderabad
43 IIFM Bhopal-Indian Institute of Forest Management, Bhopal
44 Faculty of Management Studies, M S University, Vadodara
45 School of Maritime Management, Indian Maritime University, Chennai

Top MBA Colleges in India – Business Schools (Private)

NATIONAL RANK BUSINESS SCHOOLS (Private)
1 XLRI-Xavier Labour Relations Institute, Jamshedpur
2 MDI-Management Development Institute, Gurgaon
3 SPJIMR-S P Jain Institute of Management & Research, Mumbai
4 SIBM-Symbiosis Institute of Business Management, Pune
5 SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune
6 XIMB-Xavier Institute of Management, XIM University, Bhubaneswar
7 NMIMS School of Business Management, Mumbai
8 IMI-International Management Institute, New Delhi
9 MICA, Ahmedabad
10 IMT-Institute of Management Technology, Ghaziabad
11 Great Lakes Institute of Management, Chennai
11 TAPMI-T A Pai Management Institute, Manipal
12 Woxsen University (Woxsen School of Business), Hyderabad
12 FORE School of Management, New Delhi
13 GIM-Goa Institute of Management, Goa
14 Dr. D. Y. Patil B-School, Pune
15 N. L. Dalmia Institute of Management Studies and Research, Mumbai
15 IBS-ICFAI Business School, Hyderabad
16 RCBS-Rajagiri Centre For Business Studies, Kochi
17 IMI– International Management Institute, Bhubaneswar
17 NIRMA University, (Institute of Management) Ahmedabad
18 IMT– Institute of Management Technology, Nagpur
18 K.J. Somaiya Institute of Management, Somaiya Vidyavihar University Mumbai
19 SCIT-Symbiosis Centre For Information Technology, Pune
19 BITS Pilani, Pilani Campus, Department of Management, Pilani
20 GBSRC– Global Business School & Research Centre, Dr. D. Y. Patil Vidyapeeth, Pune
20 LBSIM-Lal Bahadur Shastri Institute of Management, New Delhi
21 IRMA-Institute of Rural Management Anand, Anand
21 JSSCMS– JSS Centre For Management Studies, JSS Science & Technology University, Mysuru
22 IMI-International Management Institute, Kolkata
22 TAXILA Business School, Jaipur
23 BIMTECH-Birla Institute of Management Technology, Greater Noida
23 Chitkara Business School, Rajpura-Patiala
24 LIBA-Loyola Institute of Business Administration, Chennai
25 SIOM-Symbiosis Institute of Operations Management, Nashik
26 VITBS– VIT Business School, VIT Vellore
27 AMITY Business School, Noida
27 NBS-Narayana Business School, Ahmedabad
28 Amrita School of Business, Coimbatore
28 SSIM-Siva Sivani Institute of Management, Hyderabad
29 MYRA School of Business, Mysuru
29 MSRIM– M S Ramaiah Institute of Management, Bengaluru
30 International Institute of Management Studies (IIMS, Pune)
31 Jaipuria Institute of Management (JIM), Noida
32 SVKM’s Narsee Monjee Institute of Management Studies, Bengaluru
32 SSBF– Symbiosis School of Banking & Finance, Pune
33 IMS Ghaziabad-Institute of Management Studies, Ghaziabad
34 Globsyn Business School, Kolkata
35 BML Munjal University (School of Management), Gurugram

Choosing the Best MBA College for Your Career Goals

Return on Investment (IIRF)

A critical factor in selecting an MBA program is the return on investment (IIRF). IIRF is calculated by comparing the total cost of the program to the average starting salary upon graduation. For instance, a high IIRF school like FMS Delhi, which offers a ₹34 LPA average salary with fees under ₹5 lakhs, stands out as one of the most cost-effective MBA programs in India.

Specializations and Placement Opportunities

Colleges like IIM Ahmedabad and XLRI Jamshedpur offer specialized programs that cater to various career paths. IIM Ahmedabad is renowned for its general management program, while XLRI has a reputation for excellence in Human Resources Management (HRM). Make sure to research which specializations are offered and align them with your career objectives.

Global Exposure and Exchange Programs

Several top MBA colleges in India offer international exchange programs and collaborations with global institutions. This provides students with global exposure, a critical advantage in today’s interconnected economy. Institutions like ISB Hyderabad and SPJIMR Mumbai excel in providing international immersion experiences through collaborations with top global B-schools.

Also Read: Top Engineering Colleges in India Ranking Admission Placement Fees

Conclusion

Choosing the best MBA college in India involves a thorough evaluation of several factors, from placements and IIRF to specialized programs and global exposure. By considering your own career goals, financial situation, and academic background, you can narrow down the list to the institutions that best fit your needs. The top MBA colleges in India offer a transformative educational experience, positioning you for success in the corporate world and beyond.

Frequently Asked Questions (FAQs)

  1. What are the top 5 MBA colleges in India based on placements?
  • Indian Institute of Management (IIM) Ahmedabad
  • Indian Institute of Management (IIM) Calcutta
  • Indian Institute of Management (IIM) Bangalore
  • Indian School of Business (ISB), Hyderabad
  • Xavier School of Management (XLRI), Jamshedpur
  1. How should I choose between different MBA programs?

Look at the IIRF, specializations offered, faculty expertise, and the strength of the alumni network. Additionally, consider the industry linkages and placement opportunities each college offers.

  1. What are the most important factors to consider when choosing an MBA college?
  • Fees and IIRF
  • Specialization and academic focus
  • Placement statistics and industry linkages
  • Location and lifestyle preferences
  • Alumni network and global exposure
  1. Are private MBA colleges in India worth considering? 

Yes, many private MBA colleges in India like SPJIMR, MDI Gurgaon, and SIBM Pune provide excellent academic programs, industry exposure, and strong placements, making them a viable choice alongside the IIMs.