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Top 10 MBA Colleges in India 2023 - Check Top 10 Private & Govt B-Schools in India

Janvi Bhambri
Janvi BhambriUpdated On: January 07, 2023 10:29 pm IST

Taking admission to a top MBA college in India is the dream of many students as well as working professionals. These colleges are known for their stringent educational standards, stellar campuses as well as jaw-dropping placements. Take a look at the list of the top 10 MBA colleges in India 2023..

Top 10 MBA Colleges in India0 2023

Top 10 MBA Colleges in India 2023: Master of Business Administration (MBA), a popular course in India, is offered in over 6,500 colleges across the country. The Common Admission Test (CAT), which is one of the most popular MBA entrance exams in India, sees over 2 lakh aspirants every year. That said, there are many more who have aspirations to join MBA courses through many other exams that are conducted for MBA admissions in India.

While the high number of MBA colleges in India do offer variety, not all maintain the same quality of teaching, campus facilities, and placements. In these and many other factors, some colleges emerge better than others and simply offer a higher quality of education and related services. It is evident in the fact that the alumni of top Indian MBA colleges can be found in leadership roles across the world. So, here we will take you through the top 10 MBA colleges in India 2023, including government and private institutes. .

Also Read: Jobs after MBA: MBA Job Opportunities, Salaries

Top MBA Colleges in India: Major Highlights

There are several MBA colleges in India, but the top ones are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, IIM Kozhikode, IIM Lucknow, and IIM Indore, according to the MHRD-NIRF rankings for the year 2022. Before finding out the top 10 MBA colleges in India, check out a few of the finest MBA colleges in India's key features. Better college choices will result from reading this comprehensive overview.


Statistical Data

Total Number of MBA Colleges


Course Fees

  • Annual Fee INR < 1 lakh: 4%
  • Annual Fee INR > 5 lakh: 75%


  • Marketing
  • Finance
  • Sales
  • Human Resources
  • Operations
  • IT and Systems

Admission Criteria


Number of Top MBA Colleges

  • 20 Indian Institutes Management (IIMs)
  • 7 Indian Institutes of Technology (IITs)

Also Read: Best MBA Specializations in India for 2023

Why You Should Care About Top MBA Colleges?

While going for an MBA course, experts advise that students should always try a reputed b-school. This is because experts understand that the reputation of your college carries weight when you are looking for career opportunities after MBA. Thankfully, NIRF has made this task easier for all students. Students now can refer to the NIRF ranking of top colleges and universities as a trustworthy source to make their choice.

In this article, we have also covered the top private and government MBA colleges in India. These are the colleges that have made a name for themselves in the management education sector through their dedication to quality education. One important point to note before we go on, it is not always the NIRF rank that will matter. Factors such as location, availability of courses, and fees will also influence your decision. Weight in every point and then apply.

Top 10 Govt MBA Colleges in India 2023

If we see the past trends, the Indian Institutes of Management (IIMs) have always been crowned on the list of top 10 MBA colleges in India with IIM Ahmedabad leading the pack. The trend has continued in NIRF 2022 rankings and government colleges including IIMs still occupy the top spots in NIRF rankings.

One major shift, however, that was seen this year was more Indian Institutes of Technology (IITs) climbing the ranks of top MBA colleges. The BTech + MBA combination does work, apparently. Jokes apart, here are the top 10 MBA colleges in India (government):



NIRF 2022 Ranking

Fee (approx. in Rs.)

Indian Institute of Management Ahmedabad (IIMA)

Ahmedabad, Gujarat



Indian Institute of Management Bangalore (IIMB)

Bangalore, Karnataka



Indian Institute of Management Calcutta (IIMC)

Kolkata, West Bengal



Indian Institute of Technology Delhi (IITD)




Indian Institute of Management Kozhikode (IIMK)

Kozhikode, Kerala



Indian Institute of Management Lucknow (IIML)

Lucknow, Uttar Pradesh



Indian Institute of Management Indore (IIMIIDR)

Indore, Madhya Pradesh



Indian Institute of Technology Madras (IIT Madras)



8, 00, 000

Indian Institute of Technology Bombay (IITB)

Mumbai, Maharashtra



Indian Institute of Technology Kharagpur (IITK)

Kharagpur, West Bengal



Also Read: IIT MBA Admissions: Know Seats, Courses, Admission Process

Top 10 Private MBA Colleges in India 2023

While government colleges do lead the ranks of the top business schools in India, private MBA colleges are also not far behind. Many reputed private colleges in India have a global reputation that is at par with the IIMs. Take a look at the top 10 MBA colleges in India 2023 (private), given in the table below:



NIRF 2022 Ranking

PGP / MBA Fee (approx. in Rs.)

Xavier Labour Relations Institute (XLRI)

Jamshedpur, Jharkhand



Management Development Institute (MDI)

Gurugram, Haryana



Symbiosis Institute of Business Management (SIBM)

Pune, Maharashtra



S P Jain Institute of Management and Research (SPJIMR)

Mumbai, Maharashtra



Great Lakes Institute of Management (GLIM)

Chennai, Tamil Nadu



SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai, Maharashtra



T. A. Pai Management Institute (TAPMI)

Manipal, Karnataka



International Management Institute (IMI)

New Delhi



Xavier Institute of Management (XIMB)

Bhubaneswar, Odisha


12,00,000 - 16,90,000

Kalinga Institute of Industrial Technology (KIIT)

Bhubaneswar, Odisha



Also Read:
How to Choose a B-School?How to Build Your Profile for MBA Admissions

Popular Private MBA Colleges in India 2023

While the top 10 MBA colleges in India do offer the best placements and facilities, there is one very important factor that makes them impractical for many MBA aspirants. That is the ease of admission. There is tough competition for the top 10 Indian MBA colleges and only the best of the bunch often manage to get admission to their flagship course.

Many talented management aspirants are unable to get a seat in these colleges. However, there are many other popular private MBA colleges that offer quality education, solid placement support, and world-class facilities to their students. Given below are some of the other popular private b-schools in India that you can consider for admission.



PGP / MBA Fee (approx. in Rs.)

The ICFAI Foundation for Higher Education (IFHE)

Hyderabad, Telangana


BML Munjal University

Gurugram, Haryana


Alliance University

Bangalore, Karnataka


Amity University

Noida, Uttar Pradesh


Lovely Professional University (LPU)

Jalandhar, Punjab

5,80,000 - 8,00,000

Chandigarh University

Chandigarh, Punjab

3,60,000 - 4,50,000

IIHMR University

Jaipur, Rajasthan

5,24,000 - 9,60,000

University of Petroleum and Energy Studies (UPES)

Dehradun, Uttarakhand

9,70,000 - 13,34,000

Jagan Institute of Management Studies (JIMS)

Rohini, Delhi


SP Jain School of Global Management (SPJSGM)

Mumbai, Maharashtra


How to Apply to Top MBA Colleges in India?

Candidates who are interested in applying to these top private MBA colleges in India can do so easily by filling out our Common Application Form (CAF). We also have free student counselling available for students who wish to discuss their admission requirements. Just call our helpline number 18005729877 for complete information and assistance regarding admission to top private MBA colleges in India.

Management counsellors and experts used to regard Mumbai, Delhi, and Bangalore as the only cities that had good MBA colleges. This was mostly true. However, taking a look at the top MBA colleges given above will tell you that this is no longer the case. Good MBA colleges can now be found spread all throughout India.

Good quality management education is now not only limited to metropolitan cities. Good management colleges can now be found in many different states and cities of India, making quality MBA education accessible to a wider range and larger number of students.

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Are private MBA colleges in India better than government MBA colleges?

No, private MBA colleges in India are not better than government MBA colleges. These colleges charge very high fees in comparison to government colleges, for which better infrastructure is cited as the main reason. However, in comparison to government colleges, their courses are of lower quality despite all the better infrastructure. At the same time, the funding and functioning of private colleges are not backed by the government, hence, they have to self-bear all their costs.

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Related Questions

College reopening date for mba students 2023-2024 at Dr. M.G.R. Educational And Research Institute

-SandhiyaUpdated on September 19, 2023 01:05 AM
  • 1 Answer
Triparna Choudhury, Student / Alumni

Dear candidate, for information related to the reopening date for MBA students for the academic year 2023-24 at Dr. MGR Educational And Research Institute, it is advised to contact the institute directly. You can contact the college at 44 2378 2176/2186/2085. You can also visit the college directly. The address is Periyar E.V.R. High Road, (NH 4 Highway), Maduravoyal, Chennai - 600 095. To mail them, write your query and send it to


1)I got seat Allotment in musarambagh branch but I want to get admission in Barkathpura Branch Please share the details on how to change it2)I am Job holder so I want to do MBA irregular Please share details for that also

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Nidhi Priya, Student / Alumni

Dear Student,

Avanthi Degree & PG College, Barkatpura does not offer MBA programme. It offers only two PG courses which are M.Sc in Microbiology and M.Sc in Organic Chemistry. Since it is not offering any MBA course you cannot change the campus. 

Coming to the second part of your question, Avanthi Degree & PG College Moosarambagh offers only a regular MBA programme in the following specialisation - Marketing, Finance, Human Resource Management, Systems. So you cannot pursue the course from Avanthi Degree & PG College Barkatpura along with your job as you need to be present at the campus during …


Can I use mobile and any compulsory like wearing uniforms

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Triparna Choudhury, Student / Alumni

Dear student, for this type of information, please contact or visit Shreenivasa Engineering College directly.  You can contact them at 9442568159, 9442586159 or 9442554159. The college address is Pallipatti, Bommidi, Pappireddipatti(TK), Dharmapuri (DT) – 635301.


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