Top MBA Colleges in India 2025: Best Business Schools Ranking
Here are the top MBA colleges in India for 2025, based on the latest rankings from IIRF and other reputable sources:IIRF Ranking
Top Government MBA Colleges in India (2025)
Indian Institute of Management Ahmedabad (IIM-A)
Consistently ranked #1 in India across multiple rankings.
Highest placement package: ₹1.08 crore per annum in 2023.
Faculty of Management Studies (FMS), University of Delhi
Ranked #2 in IIRF 2025. IIRF Ranking
Offers exceptional ROI with fees around ₹4.92 lakhs and an average salary of ₹34.10 LPA. Known for exceptional return on investment with relatively low fees and high average salary packages.
Indian Institute of Management Calcutta (IIM-C)
Ranked #3 globally in IIRF MBA 2025 rankings.
- Recognized for its strong placement records and industry connections.
Indian Institute of Management Bangalore (IIM-B)
Ranked #3 globally in IIRF MBA 2025 rankings.
- Maintains a strong position with consistent placement outcomes.
Indian Institute of Management Lucknow (IIM-L)
Ranked #4 globally in IIRF MBA 2025 rankings.
- Noted for its robust placement statistics and industry engagement.
Indian Institute of Management Indore (IIM-I)
Ranked #5 globally in IIRF MBA 2025 rankings.
Top Private MBA Colleges in India (2025)
S. P. Jain Institute of Management and Research (SPJIMR), Mumbai
Ranked as the top private B-school in India by IIRF 2025. IIRF Ranking
XLRI – Xavier School of Management, Jamshedpur
Renowned for its PGDM programs.
Management Development Institute (MDI), Gurgaon
Offers PGDM programs with strong industry connections.
Symbiosis Institute of Business Management (SIBM), Pune
Known for its MBA programs and competitive placements.
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
Offers a range of MBA specializations with strong placement records.
See the full list of Top MBA Colleges in India 2025
Comparative Overview
| Institute | Avg. Salary (LPA) | Fees (INR Lakhs) | Exam Accepted |
|---|---|---|---|
| IIM Ahmedabad | ₹34.45 | ₹24.61 | CAT |
| FMS Delhi | ₹34.10 | ₹4.92 | CAT |
| IIM Calcutta | ₹35.07 | ₹31.00 | CAT |
| IIM Bangalore | ₹32.50 | ₹24.70 | CAT |
| IIM Lucknow | ₹30.00 | ₹20.75 | CAT |
| SPJIMR Mumbai | ₹33.02 | ₹21.00 | CAT, GMAT |
| XLRI Jamshedpur | ₹32.70 | ₹28.60 | XAT |
| MDI Gurgaon | ₹25.50 | ₹28.16 | CAT, GMAT |
| SIBM Pune | ₹28.16 | ₹26.80 | SNAP |
| NMIMS Mumbai | ₹26.63 | ₹25.84 | NMAT |
These rankings consider factors such as academic excellence, placement outcomes, industry interface, and return on investment. For more detailed information, you can explore the IIRF MBA Rankings.
If you need assistance with specific programs, entrance exams, or application strategies, feel free to ask! IIRF Ranking
According to the Indian Institutional Ranking Framework (IIRF) 2025, the top MBA colleges in India are evaluated based on various parameters, including placement performance. Here are some of the leading institutions recognized for their placement outcomes:
Based on the IIRF MBA Rankings 2024, here are the top business schools in India distinguished by their placement performance:
Top Government MBA Colleges by Placement Performance
| Rank | Institution | Placement Performance Score |
|---|---|---|
| 1 | Indian Institute of Management Ahmedabad (IIM Ahmedabad) | 139.28 |
| 2 | Faculty of Management Studies (FMS), University of Delhi | 138.42 |
| 3 | Indian Institute of Management Calcutta (IIM Calcutta) | 138.71 |
| 4 | Indian Institute of Management Bangalore (IIM Bangalore) | 138.42 |
| 5 | Indian Institute of Management Kozhikode (IIM Kozhikode) | 137.85 |
| 6 | Indian Institute of Management Lucknow (IIM Lucknow) | 135.85 |
| 7 | Indian Institute of Foreign Trade (IIFT), New Delhi | 135.42 |
| 8 | Indian Institute of Management Mumbai (formerly NITIE Mumbai) | 132.28 |
| 9 | Indian Institute of Management Indore (IIM Indore) | 130.56 |
| 10 | Shailesh J. Mehta School of Management, IIT Bombay | 130.14 |
These institutions have demonstrated exceptional placement performance, reflecting their strong industry connections and effective placement strategies.
Top Private MBA Colleges by Placement Performance
| Rank | Institution | Placement Performance Score |
|---|---|---|
| 1 | XLRI – Xavier School of Management, Jamshedpur | 132.85 |
| 2 | Management Development Institute (MDI), Gurgaon | 131.85 |
| 3 | S. P. Jain Institute of Management and Research (SPJIMR), Mumbai | 130.85 |
| 4 | Symbiosis Institute of Business Management (SIBM), Pune | 131.42 |
| 5 | Symbiosis Centre for Management & Human Resource Development (SCMHRD), Pune | 131.42 |
| 6 | Xavier Institute of Management (XIM), Bhubaneswar | 129.14 |
| 7 | NMIMS School of Business Management, Mumbai | 131.14 |
| 8 | International Management Institute (IMI), New Delhi | 128.71 |
| 9 | Mudra Institute of Communications (MICA), Ahmedabad | 128.14 |
| 10 | Institute of Management Technology (IMT), Ghaziabad | 129.99 |
These private institutions have excelled in placement performance, showcasing their commitment to student employability and industry engagement.
The IIRF rankings assess institutions based on several parameters, including placement performance, placement strategy and support, industry income and integration, among others.
If you would like more detailed information on specific programs, entrance exams, or application strategies, feel free to ask!
India is home to a wide range of prestigious business schools that offer top-tier MBA and PGDM programs. These schools are known for academic rigor, world-class faculty, strong industry links, and high placement records.
Here’s a categorized list to help you explore:
Top Government Business Schools (Mostly IIMs)
IIM Ahmedabad
Flagship: PGP (equivalent to MBA)
Known for: Academics, case-based learning, and high ROI
Avg. Placement: ₹34–35 LPA
IIM Bangalore
Known for: Leadership in tech and consulting placements
Avg. Placement: ₹32–33 LPA
IIM Calcutta
Known for: Finance placements, global rankings
Avg. Placement: ₹35+ LPA
IIM Lucknow, Indore, Kozhikode
Popular Tier-1 options with diverse specializations and strong placements
FMS Delhi
Affiliated with Delhi University
Extremely high ROI due to low fees (~₹2–5 Lakh)
Top Private Business Schools
XLRI Jamshedpur
Flagship: PGDM in HRM & BM
Known for: HR specializations, XAT exam
SPJIMR Mumbai
Known for: Value-based leadership, top consulting & finance roles
MDI Gurgaon
Strong industry interface and high placement average
ISB Hyderabad & Mohali (1-year PGP)
Globally ranked, caters to professionals with 2+ years of experience
Avg. Placement: ₹30+ LPA
SIBM Pune, NMIMS Mumbai, IMT Ghaziabad, TAPMI
Popular private schools for MBA aspirants via SNAP, NMAT, CAT, etc.
Specialized/Niche B-Schools
IIFT Delhi & Kolkata – International Business
TISS Mumbai – HRM & Labor Relations
IRMA Anand – Rural Management
NITIE Mumbai (now IIM Mumbai) – Operations & Supply Chain (Elite)
Common Entrance Exams
CAT – For IIMs and many other top schools
XAT – For XLRI and associated colleges
NMAT – For NMIMS
SNAP – For Symbiosis institutes
GMAT – Accepted by ISB, SPJIMR, and others
If you’re exploring a B-school that fits your profile or goals (like ROI, specialization, city, or work experience level), I can help shortlist the best options. Want to narrow it down?
Explore the latest MBA rankings in India 2025 here
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Also Read:
Top BBA Colleges in India, Top MBA Colleges in India 2024, Top MBA Colleges in India 2023, Top MBA Colleges in India 2021, Top 50 B Schools in India, Top 10 MBA Colleges, Top MBA Colleges in India Private City-Wise, Top MBA Colleges in India for Executive Program, Zone-Wise Top Private MBA Colleges in India, Best Business School MBA Colleges in India, Top 100 Private MBA Colleges in India 2021