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Top Private MBA Colleges in India 2023: Fees, Eligibility, Entrance Exams, Courses

Simran Saini
Simran SainiUpdated On: January 04, 2023 03:01 am IST | CAT

India has a large number of private MBA colleges that offer specialized MBA and PGDM courses. Check out the list of top private MBA colleges in India, courses offered, entrance exams accepted, fees, and more!

Stack of management books and a tablet computer on top of a wooden table

In India, there are more than 2900 private MBA schools. They are graded on par with the Indian Institutes of Management (IIM) in some cases and have a good reputation. While you are preparing yourself for the next MBA admission season in India, we are sure you would be going through a list of colleges to target. With so many MBA colleges to choose from, we have prepared a list of the top private MBA colleges in India that you can consider if you are not targetting government-owned colleges such as the IIMs. Since the CAT exam for MBA admission into IIMs is a tough nut to crack, it is a good idea to shortlist some of the best private MBA colleges in India and apply for the MBA admission process 2023 accordingly.

The best facilities and pedagogy, the most current MBA curriculum, well-known specializations, hands-on training, international exchange program, and university placements are all provided by the top private MBA colleges in India. Although some MBA colleges have somewhat higher course fees, the return on investment (ROI) is favorable.

Before shortlisting your preferred colleges, we suggest you carefully understand the fee structure, number of seats, specializations offered, and the overall review and accreditation of each of these private MBA colleges. Let’s have a look at the list of top private MBA colleges in India in 2023.

Top Private MBA Colleges in India 2023: Highlights

Here are the highlights of the top private MBA colleges in India:

Particulars

Details

No. of Private MBA Colleges in India

2960 (Approximately)

Fees

  • Annual Fee <1 lakh: 14%
  • Annual Fee >5 lakh: 86%

Top Specializations 

  • Finance
  • Sales & Marketing
  • Human Resources
  • Operations
  • IT & Systems
  • Business Analytics
  • International Business
  • Entrepreneurship

Admission Process

Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP

Top Private MBA Colleges in India 

SPJIMR, XLRI, MDI, IMT, GIM Goa, IMI, GLIM  SIBM, etc.

Top Private MBA Colleges in India 2023: Fees, Courses, Entrance Exams

Following is a list of the best MBA private colleges in India that are well-known for their academic excellence, faculty, training, placement opportunities, and more.

Name of the College/Institute LocationCourses Offered Entrance Exams Accepted

Course Fees (Approx)

Xavier School of Management (XLRI)JamshedpurXAT, GMATRs. 8,50,000 - Rs. 20,00,000
Indian School of Business (ISB)HyderabadGMAT, GRERs. 30,41,000 - Rs. 47,55,000
S.P. Jain Institute of Management & Research (SPJIMR)Mumbai
  • Post-Graduate Diploma in Management (PGDM)

  • Executive Management Program i.e. EMP

  • Post Graduate Program in Family Managed Business (PGPFMB)

  • Global Management Program (GMP)

  • Post Graduate Management Programme for Women (PGMPW)

  • Fellow Program in Management (FPM)

  • Post Graduate Program in General Management (PGPGM)

  • Women Management Program (WMP)

CAT, XAT, GMATRs. 7,50,000 - Rs. 19,60,000
Management Development Institute (MDI)Gurgaon
  • Post Graduate Programme in Management (PGPM)

  • PGP in International Management (PGP-IM)

  • PGP in Energy Management (PGP-EM)

  • PGP in Human Resource Management (PGP-HR)

  • National Management Programme (NMP)

  • Fellow Programme in Management (FPM)

  • PGP in Public Policy and Management (PGP-PPM)

  • PGPM – Part-Time

  • Executive Fellow Programme in Management (EFPM)

CAT, GMAT, MDI TestRs. 9,73,000-Rs.25,00,000
Institute of Management Technology (IMT)Ghaziabad
  • Post Graduate Diploma in Management (PGDM)

  • Post Graduate Diploma in Management Dual Country Programme (DCP)

  • Post Graduate Diploma in Management (Part-Time)

  • Post Graduate Diploma in Executive Management

  • Post Graduate Programme in Accelerated Career Enabler (PGP-ACE)

CATRs. 6,00,000 - Rs. 17,50,000
Narsee Monjee Institute of Management Studies (NMIMS)Mumbai
  • Master of Business Administration (MBA)

  • MBA in Social Entrepreneurship

  • Post Graduate Certificate in Business Management (PGBM)

  • Executive MBA (EMBA)

  • Post Graduate Certificate Programme in Management (PGCPM)

NMAT by GMACRs. 5,50,000 - Rs. 9,25,000
International Management Institute (IMI)Delhi
  • Post Graduate Diploma in Management (PGDM)

  • Post Graduate Diploma in Human Resource and Management (HRM)

  • Fellow Programme in Management (FPM)

  • Post Graduate Diploma in Banking and Financial Services (B&FS)
    Executive PGDM

XAT, CAT, GMATRs.11,00,000 - Rs. 16,49,000
T.A. Pai Management Institute (TAPMI)Manipal
  • Post Graduate Diploma in Management

  • PGDM in Human Resources (HR)

  • PGDM in Healthcare

  • PGDM - Banking and Financial Services

CAT, XAT, GMAT, MATRs.16,90,000
Institute of Rural Management (IRMA)

Jaipur

  • Post Graduate Programme in Rural Management

  • Executive Post Management Diploma in Management - Rural

  • Fellow Programme in Rural Management

IRMA, MAT, CAT, ATMARs. 10,10,000 - Rs. 11,60,000
FORE School of ManagementDelhi
  • Post Graduate Diploma in Management (Full Time)

  • PGDM in International Business (IB)

  • PGDM in Financial Management (FM)

  • Executive PGDM

GMAT, XAT, CATRs. 13,00,000 - Rs. 14,98,000
Goa Institute of ManagementGoaCAT, XAT, GMATRs. 11,96,000 - Rs. 15,98,000
Great Lakes Institute of ManagementChennai
  • Post Graduate Diploma in Management (PGDM)

  • Post Graduate Program in Management (PGPM)

CAT, GMAT, CMAT, XATRs. 16,65,000 - Rs. 18,94,000
Loyola Institute of Business Administration (LIBA)Chennai
  • Full-time PGDM

  • Part-time PGDM

  • Executive Diploma Programmes

CAT, XATRs. 6,01,000 - Rs. 12,70,970
Welingkar Institute of Management Development and ResearchMumbai
  • Post Graduate Diploma in Management (PGDM)

  • PGDM in Media & Entertainment

  • PGDM in Retail Management

  • PGDM in Business Design

  • PGDM in e-Business

  • PGDM in Research and Business Analytics

  • PGDM in Rural Management

  • Master in Management Studies (MMS)

CAT, XAT, ATMA, CMAT, GMATRs. 11,00,000
Symbiosis Institute of Business ManagementPuneSNAPRs. 6,10,000 - Rs. 17,06,000
Lal Bahadur Shastri Institute of ManagementDelhi
  • Post Graduate Diploma in Management (PGDM)

  • PGDM (Finance)

  • PGDM (Research & Business Analytics)

  • PGDM (Logistics & Supply Chain Management)

  • PGDM (Executive)

  • PGDM (Part-Time)

CATRs. 3,25,000 - Rs. 10,89,200
Jagan Institute of Management StudiesDelhi
  • Post Graduate Diploma in Management (PGDM)

  • PGDM in International Business (IB)

  • PGDM in Retail Management

CAT, CMAT, XAT, MATRs. 7,15,000
Symbiosis Institute of Management Studies (SIMS)Pune
  • Master of Business Administration (MBA)

  • Executive Post Graduate Diploma in Management (Ex-PGDM)

  • Post Graduate Advance Diploma in Management (PGADM) - Real Estate & Construction Management

  • MBA Executive

SNAPRs. 4,06,000 - Rs. 13,97,050
ITM Business SchoolNavi Mumbai
  • Executive MBA

  • Post Graduate Diploma in Management (PGDM)

CATRs. 8,00,000 - Rs. 10,25,000
PSG Institute of ManagementCoimbatore
  • Post Graduate Diploma in Management (PGDM)

  • Master of Business Administration (MBA)

  • MBA (Part-Time)

MAT, CAT, TANCET

Rs. 8,00,000 (approx.)

Note: The colleges and management institutions mentioned above have the discretion to make changes in the fees. Candidates are advised to cross-check the fees and other important information on the official website of the respective website of college.

Also ReadMBA Fees in India: Check Fees of Top MBA Colleges in India

Other Best Private MBA Colleges in India 2023

Here are some other private colleges that are well-known for their MBA programs.

Name of College/Institute

Courses Offered

Entrance Exams Accepted

Course Fee
(Approx.)

Chandigarh University (CU), Chandigarh

C SAT, CAT, MAT, CMAT

Rs. 3,20,000 - Rs. 4,50,000

KIIT School of Management (KSOM), Bhubaneswar

  • MBA

KIITEE MGT, CAT, CMAT, XAT, MAT

Rs. 3,00,000

SAGE University, Bhopal

SAGE JEE, CAT, CMAT

Rs. 1,90,000

Ansal University, Gurgaon

  • Executive MBA

  • MBA (Healthcare Management)

  • MBA (Capital Markets)

  • MBA (Marketing)

  • MBA (Global Financial Markets and Instruments)

  • MBA (International Hospitality Management)

  • MBA (Logistics Management)

BAT, CAT, XAT, MAT, CMAT

Rs. 5,82,000 - Rs. 7,96,000

GITAM, Hyderabad

  • PGDBM

  • PGD (Risk and Insurance Management)

  • MBA

  • MBA (International Business)

  • MBA (Human Resource Management)

  • MBA (Global Logistics and SCM)

  • MBA (International Banking & Finance)

GITAM Online Test, CAT, CMAT, GMAT, MAT, XAT

Rs. 3,98,000 - Rs. 8,50,000

KL University, Guntur

  • MBA (Digital Marketing)

  • MBA (Health Care & Hospital Management)

  • MBA (Supply Chain Management)

  • MBA (Business Analytics)

  • MBA (Marketing)

  • MBA (Finance)

KLUBSAT, CAT, ICET, MAT, XAT

Rs. 5,00,000 - Rs. 5,30,000

Alliance University, Bangalore

  • Executive PGDBM
  • MBA (Operations)

  • MBA (Finance)

  • MBA (Organisational Leadership)

  • MBA (Marketing)

Alliance-AMAT, CAT, CMAT, GMAT, MAT, XAT, KMAT

Rs. 2,45,000 - Rs. 13,50,000

Lovely Professional University (LPU), Jalandhar

  • PGD in Advertising & Public Relations

  • PGD in TV Production

  • PGD in Cyber Forensics

  • PGD in Computer Applications

  • PGD in Guidance and Counselling

  • MBA (Financial Markets)

  • MBA (International Business)

  • MBA (Business Analytics) etc.

LPUNEST, CAT, MAT, XAT, CMAT

Rs. 1,16,000 - Rs. 8,00,000

JIMS Rohini

  • MBA (Human Resources)

  • MBA (Marketing)

  • MBA (Industry Integrated)

  • MBA (Correspondence)

  • MBA (Part-Time)

CAT, CMAT, XAT, MAT, ATMA

Rs. 1,60,000 - Rs. 5,34,000

Amity University, Manesar

  • MBA (Business Analytics)
  • Executive MBA

  • MBA (3 Continent)

  • MBA (e-Commerce)

  • MBA (Marketing & Sales)

  • PGD in Data Science etc.

Amity Test, CAT, XAT, NMAT, GMAT, MAT

Rs. 1,02,000 - Rs. 8,64,000

The two-year MBA program serves as a springboard for managerial positions in a range of industries and business possibilities. In the full-time MBA program, students learn all of the operational, financial, operational, sales, advertising, supply chain, and administrative aspects of managing and operating a corporation.

Applicants with any educational background can pursue an MBA, including those in the humanities, commerce, and science field. The most liked program is the full-time MBA, which includes theory classes, real-world projects, and a summer internship. All of India's top private MBA schools provide a full-time MBA program with a variety of specializations.

Top Private MBA Colleges in India 2023: Eligibility Criteria

Students who have completed their graduation can pursue MBA as a postgraduate option. Apart from this, there are various minimum requirements one needs to fulfill to enroll in top private MBA Colleges in India. 

  • Applicants must have earned their graduate degree in any field of study or its equivalent from an accredited university.
  • The majority of institutions adhere to the AICTE's minimum graduation score requirements, which call for an overall score of 50% or more and a 5% relaxation for students from reserved classes.
  • Holders of professional degrees, such as MBBS, CA, CS, and ICWAI, among others, are also qualified to pursue MBA.
  • Working professionals seeking admission into Executive MBA programmes need to have 5-10 years of working experience.
  • NRIs and International students can apply for MBA admission through a valid GMAT score only.
Also ReadDistance MBA in India: Top Distance MBA Colleges, Courses & Fees

Top Private MBA Colleges in India 2023: Entrance Exams

There are generally 10 well-known MBA entrance tests in India for MBA admission. CAT, XAT, IIFT, NMAT, SNAP, TISSNET, CMAT, MAT, IBSAT, and GMA are some of the popular entrance exams given by students for admission to top private MBA Colleges in India. The state-level exams, such as MAH CET, TANCET, PGCET, and KMAT, are other well-liked options for applicants for MBA programs in Tamil Nadu, Maharashtra, and Karnataka. Other institute/university-specific tests include KIITEE Management, MICAT, and UPES MET in addition to IIFT, TISSNET, and IBSAT.

Here is the important information about the Top MBA Exams for 2023 admission to the best MBA colleges in India. We have divided them into three categories:

National-Level MBA Entrance Exams

National-Level MBA Exam

Exam Dates

Top MBA Colleges Accepting Exam Score

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 10, 18 & 23, 2022

SIBM Pune, SCMHRD, SIOM & 12 Other Symbiosis colleges 

CMAT 2023

February 2023

GIM Goa, BIMTECH, K J Somaiya, IFMR, Welingkar, Jaipuria, N L Dalmia 

MAT 2022 (December)

PBT- December 11, 2022

IBT- November 24, December 3, 10 &17, 2022

CBT 1- November 20, 2022
CBT 2- December 17, 2022

JAGSoM, IPE Hyderabad,  Jaipuria, BIMTECH (Specialized PGDM), JIMS, NDIM 

ATMA 2022 (July)

July 24, 2022

Welingkar, CIMR, SOIL, IMS

GMAT 2022

Available around the year

SPJIMR, IMI, IMT, XIMB, TAPMI, FORE, LBSIM, GIM Go

State-Level MBA Entrance Exams

State-Level MBA Entrance Exam

MBA Entrance Exam Dates

Top MBA Colleges Accepting Exam Score

MAH CET 2022

August 23, 24 & 25, 2022

JBIMS, SIMSREE, PUMBA, N L Dalmiya, SIES, CIMR 

Karnataka PGCET 2022 

To Be Announced

IBA, AIMS, Alliance, ABBS, Kristu Jayanti 

TANCET 2023 for admission 2023

2nd week of May 2022

Anna University, Madras University, SRM University, SSN School of Management Chennai, Hallmark Business School Trichy, St Joseph's School of Management Trichy, PSGIM Coimbatore

TS ICET 2022

July 27 & 28, 2022

Kakatiya University (KU); Osmania University (OU); Telangana University (TU); Satavahana University (SU) 

KMAT 2022

To Be Announced

IBA, AIMS, Alliance, ABBS, Kristu Jayanti 

Institute-Level MBA Entrance Exams

Institute-Level MBA Entrance Exam

Exam Dates

Top MBA Colleges Accepting Exam Score

IIFT MBA (IB) 2023 Entrance Exam

December 4, 2022

Indian Institute of Foreign Trade-Delhi, Kolkata, Kakinada

TISSNET 2023

January 21, 2023

Tata Institute of Social Science (TISS) all campuses

IBSAT 2022

December 24 & 25, 2022

9 ICFAI B-Schools

MICAT 2022 & 2023

December 10, 2022, & January 28, 2023

MICA Ahmedabad

KIITEE Management 2023

January 2023

KIIT School of Management (KSOM) Bhubaneswar

IRMASAT 2023

Cancelled

IRMA Anand


Also Read: Direct MBA Admission Without Entrance Exam

Top Private MBA Colleges in India 2023: Admission Process

Have a look at the detailed admission process in top private MBA colleges in India:
  • Shortlist a B-School: The first thing you need to do is shortlist a few best private MBA colleges in India on the basis of the course you want to pursue, fees, infrastructure, teaching quality, placement opportunities, and other factors. Once you know the top 5 private MBA colleges in India, start checking their requirements for admission.
  • Apply for MBA Entrance Exams: Admission into most private MBA colleges in India is conducted through entrance exams. Candidates who qualify for the entrance exams accepted by the colleges can get admission. Keep track of all the important dates of the MBA entrance exams and leave no stone unturned in your preparation to secure a seat in one of the best private MBA colleges in India.
  • Appear for Counselling: Students who qualify for the MBA entrance exams are called for counselling process for MBA admission into top private MBA colleges in India. The counselling can have various rounds, such as Personal Interview, Group Discussion, and Written Ability Test. If you fulfill the selection criteria, you will be allotted a seat in the colleges as per your preference.
  • Take Admission: Once you have been allocated a seat in one of the private MBA colleges in India of your choice, you can do the reporting and pay the admission fee.
Also ReadDocuments Required for MBA Admissions

Now that you have information about top private MBA colleges in India 2023, their fee structure, eligibility criteria, and entrance exams accepted, you should start targeting colleges of your choice. Candidates preparing for any of the entrance exams given above should strive hard to crack it and get admission into colleges of their choice.

If you have any queries, you can get them resolved by writing to our experts on the CollegeDekho QnA Zone. In case you need personalized assistance with admission to your chosen MBA college, fill out our Common Application Form (CAF) or call our helpline number 18005729877.

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CAT vs CMAT, NMAT, XAT, SNAP, IIFT & Other MBA Entrance ExamsTips to Prepare for MBA Entrance Exams: Exam Pattern, Syllabus, Best Books

FAQs

Are private MBA colleges in India approved by UGC?

Yes, the private MBA colleges in India are approved by the University Grants Commission (UGC). MBA being a postgraduate degree qualification requires the institution granting the same to have the power to bestow degrees, which is overseen by the UGC in India. Hence, all the MBA colleges in India, private or government, if offering MBA programmes and degrees have been approved by the UGC, or the degree is not valid.

Does NIRF rank private MBA colleges in India as well?

Yes, NIRF ranks private MBA colleges in India as well. The ranking parameter has been designed to ensure healthy competition and hence spur growth and development in the education system of India. The agency ranks management schools separately from the overall ranking and includes private MBA colleges as well. It ranked XLRI Jamshedpur as the best private business school on a rank of the eighth position.

Which is the best private MBA college in India?

The best private MBA college in India is the Indian School of Business (ISB). The institute which was established in 2001 in Hyderabad has made a deserved name for itself within a short span of 22 years. It was ranked higher than IIM Bengaluru, IIM Ahemdabad, and IIM Calcutta among the top 100 business schools in the world for MBA. The Financial Times ranked ISB as the 32nd best business school in the world in 2022. 

Are application essays required for admission to top private MBA colleges in India?

Yes, application essays are required for admission to top private MBA colleges in India. Application essays are a common part of the MBA admission process. The applying candidates are required to write an essay, ranging from 500-1200 words, on the given prompt(s). It is a process often relied upon by the colleges to guide them to assess the true personalities of the candidates.

What is meant by the management quota for admission to private MBA colleges in India?

The management quota is a reservation policy in place for admission to private MBA colleges in India. The private colleges have to sidetrack certain seats for which recommendations are made by varying authorities for admission. These candidates have meritorious backgrounds and have proven themselves worthy of admission to the recommending authority. While the top students often get seats in government colleges, they have a choice available for private colleges.

Can I get direct admission to private MBA colleges in India?

Yes, you can get direct admission to private MBA colleges in India. All MBA colleges in India sideline a few of their total seats as they have to fill through management quota. The students who have been recommended under the management quota do not have to go through the selection process, they can get direct admission for their past merits and achievements. The management quota seats are sub-divided on basis of recommending authority, such as state, GMAC, IIT, etc.

What are the factors affecting admission to private MBA colleges in India?

The factors affecting admission to private MBA colleges in India are your entrance exam scores, past academic record, work experience (if any), application essay (if any), SOP, references, and any other additional information or document as required by the respective institute. There is one common requirement of all private MBA colleges in India, that is you must have an aggregate of 50%-55% in bachelor’s degree to apply for admission.

What is the selection process for private MBA colleges in India?

The selection process for private MBA colleges in India is different for each college. Since all the colleges have their administration, their admission and selection processes are also different and self-administered. However, all the colleges require their applying candidates to submit their admission applications along with their entrance exam scores. It is hence that they shortlist the candidates whom they shall invite for the selection process. GD and PI rounds are also common selection process components.

Which entrance exams are accepted at private MBA colleges in India?

The entrance exams accepted at private MBA colleges in India are CAT, MAT, GMAT, CMAT, and any self-institutional entrance exam. For instance, SIBM has SNAP, NMIMS has NMAT, and XLRI has XAT. The private colleges, however, do accept national and international exams like CAT and GMAT, as more students prefer giving these exams over their institutional ones. In case you can schedule to give the institutional exam, it is highly recommended when applying as it eases your formalities by a lot.

Can I know some well known private MBA colleges in India?

Some of the well known private MBA colleges in India are Amity University, Manesar, Alliance University, Bangalore and KL University, Guntur.

What documents are required for admission in any private MBA college in India?

Some of the documents required for admission in any private MBA college in India are 12th mark sheet, 10th mark sheet, Graduation certificate and Passport sized photographs.

What is the eligibility criteria for admission in any private MBA college in India?

The eligibility criteria of all the private MBA college in India will be different. You can check the eligibility criteria form the college website.

How can I apply to any MBA college in India?

You can fill the application form of the college in order to apply for admission. You can check the detailed application process and admission process from the official website of the selected college.

What are the top private MBA Colleges in India?

There are many well know private MBA colleges in India. Some of them are XLRI Jamshedpur, IBS Hyderabad, SPJIMR Mumbai and MDI Gurgaon

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