Top MBA Colleges in India 2024: IIM Ahmedabad, Faculty of Management Studies, University of Delhi, IIM Calcutta, IIM Bangalore and IIM Kozhikode are Top MBA colleges in India (Govt.). Xavier Labour Relations Institute (XLRI) Jamshedpur, Management Development Institute (MDI) Gurgaon, S P Jain Institute of Management & Research (SPJIMR) Mumbai, Symbiosis Institute of Business Management (SIBM) Pune and Symbiosis Centre For Management & Human Resource Development (SCMHRD) Pune are Top MBA colleges in India (Private) ranked highly in the IIRF Top B-Schools ranking (Pvt.) 2024. See the full list of Top MBA Colleges in India 2025.
Check the latest year IIRF MBA Ranking
Also Read: Top Universities in India, Top Engineering Colleges in India, Top 10 Central University in India, Top MBA Colleges in India & Top 10 Best (10+2) Schools in India
Top MBA Colleges in India 2024 - The landscape of management education in India is both dynamic and competitive, with numerous institutions striving for excellence. Several key trends and factors have emerged, shaping the hierarchy of top MBA colleges in the country.
The IIRF MBA Ranking 2024 has been released in a total of 5 categories, as mentioned below.
1.Top MBA Colleges in India (Govt. & Pvt.) - Overall
Top MBA Colleges in India (Government)
Top MBA Colleges in India (Private)
NATIONAL RANK | BUSINESS SCHOOLS (Private) | State | Zone |
1 | XLRI-Xavier Labour Relations Institute, Jamshedpur Download Certificate | Jharkhand | East |
2 | MDI-Management Development Institute, Gurgaon Download Certificate | Haryana | North |
3 | SPJIMR-S P Jain Institute of Management & Research, Mumbai Download Certificate | Maharashtra | West |
4 | SIBM-Symbiosis Institute of Business Management, Pune Download Certificate | Maharashtra | West |
5 | SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune Download Certificate | Maharashtra | West |
6 | XIMB-Xavier Institute of Management, XIM University, Bhubaneswar Download Certificate | Odisha | East |
7 | NMIMS School of Business Management, Mumbai Download Certificate | Maharashtra | West |
8 | IMI-International Management Institute, New Delhi Download Certificate | Delhi | North |
9 | MICA, Ahmedabad Download Certificate | Gujarat | West |
10 | IMT-Institute of Management Technology, Ghaziabad Download Certificate | Uttar Pradesh | North |
2.The list of top 10 School of Eminence for Employability
The top Private MBA Colleges in India based on employability are listed in the table on the basis of the IIRF MBA Ranking 2024.
EMPLOYABILITY RANK* | BUSINESS SCHOOLS | City | Zone |
1 | XLRI-Xavier Labour Relations Institute, Jamshedpur | Jamshedpur | East |
2 | MDI-Management Development Institute, Gurgaon | Gurgaon | North |
3 | SPJIMR-S P Jain Institute of Management & Research, Mumbai | Mumbai | West |
4 | SIBM-Symbiosis Institute of Business Management, Pune | Pune | West |
5 | SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune | Pune | West |
6 | XIMB-Xavier Institute of Management, XIM University, Bhubaneswar | Bhubaneswar | East |
7 | NMIMS School of Business Management, Mumbai | Mumbai | West |
8 | IMI-International Management Institute, New Delhi | Delhi | North |
9 | MICA, Ahmedabad | Ahmedabad | West |
10 | IMT-Institute of Management Technology, Ghaziabad | Ghaziabad | North |
3. The list of top 10 Business Schools under University Programs 2024
If you are searching for business schools under University programs, then this is the right place for you. The universities are better in comparison to the facilities they offer to a huge number of students, and the huge infrastructure makes it a desirable place for the students. Students can refer to the table below for a list of the top business schools in India under university programs.
NATIONAL RANK* | BUSINESS SCHOOLS UNDER UNIVERSITY PROGRAM(PRIVATE) | City | Zone |
1 | SIBM-Symbiosis Institute of Business Management, Pune | Pune | West |
2 | SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune | Pune | West |
3 | XIMB-Xavier Institute of Management, XIM University, Bhubaneswar | Bhubaneswar | East |
4 | NMIMS School of Business Management, Mumbai | Mumbai | West |
5 | TAPMI-T A Pai Management Institute, Manipal | Manipal | South |
6 | Woxsen University (Woxsen School of Business), Hyderabad | Hyderabad | South |
7 | IBS-ICFAI Business School, Hyderabad | Hyderabad | South |
8 | NIRMA University, (Institute of Management) Ahmedabad | Ahmedabad | West |
9 | K.J. Somaiya Institute of Management, Somaiya Vidyavihar University Mumbai | Mumbai | West |
10 | SCIT-Symbiosis Centre For Information Technology, Pune | Pune | West |
4. The list of top 10 Business Schools for Research 2024
IIRF offers this special ranking category to higher education students who have completed their master's degree in management and want to enroll in the Ph.D courses. A list of the top 10 Business schools for research is mentioned in the below table.
NATIONAL RANK* | BUSINESS SCHOOLS | City | Zone |
1 | XLRI-Xavier Labour Relations Institute, Jamshedpur | Jamshedpur | East |
2 | RCBS-Rajagiri Centre For Business Studies, Kochi | Kochi | South |
3 | MDI-Management Development Institute, Gurgaon | Gurgaon | North |
4 | SPJIMR-S P Jain Institute of Management & Research, Mumbai | Mumbai | West |
5 | IBS-ICFAI Business School, Hyderabad | Hyderabad | South |
6 | SIBM-Symbiosis Institute of Business Management, Pune | Pune | West |
6 | SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune | Pune | West |
7 | NMIMS School of Business Management, Mumbai | Bhubaneswar | East |
7 | IMI- International Management Institute, Bhubaneswar | Nagpur | West |
8 | IMT- Institute of Management Technology, Nagpur | Pilani | West |
9 | BITS Pilani, Pilani Campus, Department of Management, Pilani | City | Zone |
10 | K.J. Somaiya Institute of Management, Somaiya Vidyavihar University Mumbai | Jamshedpur | East |
5. The List of Top 10 Emerging Business Schools 2024
The concept of Emerging Business Schools refers to institutions that are rapidly gaining recognition for their innovative teaching methodologies, industry collaborations, and commitment to academic excellence. These schools are bridging the gap between traditional management education and the evolving demands of the global business landscape. The Indian Institutional Ranking Framework (IIRF) identifies the Top 10 Emerging Business Schools based on their growth trajectory, infrastructure, faculty expertise, and industry-oriented curriculum. These rising institutions are shaping the future of management education, producing skilled professionals ready to tackle real-world challenges. Making remarkable progress in shaping future business leaders through dynamic and practical learning experiences.
A list of the top 10 Emerging Business schools is mentioned in the below table.
Rank | Emerging Business Schools | State |
1 | Vijay Patil School Of Management, Navi Mumbai | Maharashtra |
2 | Pune Business School, Pune | Maharashtra |
3 | GNIOT Institute Of Management Studies, Greater Noida | Uttar Pradesh |
4 | School of Management, Mahindra University | Telangana |
5 | Faculty of Management, Dr. C. V. Raman University | Madhya Pradesh |
6 | Maharishi University of Management and Technology, Bilaspur | Chhattisgarh |
7 | Darshan University, Rajkot | Gujarat |
8 | ITM (SLS) Baroda University, Vadodara | Gujarat |
9 | Dr Mar Theophilus Institute of Management Studies, Navi Mumbai | Maharashtra |
10 | Gandhinagar Institute of Management (GIM) Gandhinagar University | Gujarat |
Diverse Program Offerings
The leading MBA colleges in India offer a range of programs tailored to meet the evolving needs of the business world. These include two-year full-time MBAs, one-year executive MBAs for professionals with substantial work experience, and specialized courses focusing on areas such as finance, marketing, and operations. This diversity ensures that students can select programs aligning with their career aspirations and professional backgrounds.
Admission Criteria and Competitiveness
Admission into these premier institutions is highly competitive. Candidates are typically required to excel in national-level entrance examinations, followed by rigorous rounds of group discussions and personal interviews. A strong academic record, relevant work experience, and extracurricular achievements further enhance a candidate's profile, reflecting the holistic evaluation process adopted by these colleges.
Placement Opportunities and Industry Connections
Top MBA colleges in India boast impressive placement records, with graduates securing positions in leading multinational corporations, financial institutions, consulting firms, and burgeoning startups. The robust alumni networks and strong industry linkages of these institutions facilitate excellent internship and employment opportunities, ensuring that students are well-prepared to navigate the complexities of the global business environment.
Infrastructure and Learning Environment
State-of-the-art infrastructure, including modern classrooms, well-equipped libraries, and advanced research facilities, characterizes these institutions. The emphasis on experiential learning, case study methodologies, and industry projects fosters a practical understanding of business challenges, equipping students with the skills necessary to excel in their careers.
Financial Considerations
While the investment in an MBA program can be substantial, the return on investment is often justified by the enhanced career prospects and earning potential. Many top colleges also offer scholarships, financial aid, and flexible payment options to support deserving candidates, making quality management education more accessible.
The top MBA colleges in India in 2025 continue to set benchmarks in management education through their commitment to academic excellence, industry integration, and holistic student development. Aspiring MBA candidates should thoroughly research and consider these factors to identify institutions that align with their career goals and personal circumstances.
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