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Top 20 Private MBA Colleges in India 2023: Fees, Eligibility, Entrance Exams, Courses

Simran Saini
Simran SainiUpdated On: August 28, 2023 11:06 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 20 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

Top Private MBA Colleges: 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:



No. of Private MBA Colleges in India

2960 (Approximately)


  • 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 


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 Institute

NIRF Ranking

Cutoff Percentile

Specializations Offered 

Course Fees (in INR)

Entrance Exams Accepted

Management Development Institute (MDI), Gurgaon


94.93 (CAT)

  • PGDM International Business
  • PGDM Human Resource Management
  • PGDM Business Management
  • PGDM Business Administration
  • PGDM Public Policy and Management

13,41,000 - 24,16,800


Symbiosis Institute of Business Management, Pune


98.5 (SNAP)

  • MBA in Marketing
  • MBA in Finance
  • MBA in Data Analytics
  • MBA in Human Resource
  • MBA in Operations and Supply Chain Management

15,90,000 - 22,20,000


S.P. Jain Institute of Management & Research, Mumbai



  • PGDM in Finance
  • PGDM in Marketing
  • PGDM in Operation Supply and Chain
  • PGDM in Information Management
  • PGDM in Business Analytics
  • PGDM in General Management 

9,50,000 - 22,10,000


SVKM's Narsee Monjee Institute of Management Studies, Mumbai


220 (NMAT Score)

  • MBA in Human Resource
  • MBA in Pharmaceutical Management
  • MBA in Law
  • MBA in Real Estate Management
  • MBA in Healthcare Management
  • MBA in Business Analytics

3,27,000 - 44,00,000


Amity University, Noida28140 (NMAT score)
  • MBA in Business Intelligence and Data Analytics    
  • MBA in Human Resource
  • MBA in Logistics & Supply Chain Management
  • MBA in    Hospitality Management
  • MBA in International Business
4,86,000 - 25,85,000MAT, XAT, CAT, NMAT, CMAT, CUET
Amrita Vishwa Vidyapeetham, Coimbatore3080 (MAT)
  • MBA in Marketing
  • MBA in Human Resources
  • MBA in Operations
  • MBA in Business Analytics
  • MBA in Finance
2,20,000 - 10,50,000AMET, MAT, XAT, CAT, CMAT, KMAT, APICET
Great Lakes Institute of Management, Chennai31 80 (CAT)
  • Post Graduate Programme in Management (PGPM)
  • PGDM
  • PGPM Flex

Lovely Professional University, Punjab3270 (CAT)
  • MBA in Business Analytics
  • MBA in Financial Market
  • MBA in Supply Chain & Logistics
  • MBA in Hospital & Healthcare Management
  • MBA in International Business
  • MBA in Tourism & Hospitality
1,56,000 - 9,60,000LPU NEST, MAT, XAT, CAT, NMAT, CMAT, CUET

Goa Institute of Management



  • PGDM
  • PGDM Big Data Analytics
  • PGDM Healthcare Management
  • PGDM Banking, Financial Services and Insurance
  • Fellowship Programme in Management
  • Executive Post Graduate Program in Health Care Management



International Management Institute, Delhi


87 - 90

  • Fellowship Programme in Management
  • PGDM Human Resource Management
  • PGDM Banking and Financial Services

7,62,000 - 20,04,000


Chandigarh University36-
  • MBA in Banking and Financial Engineering
  • MBA in Business Analytics
  • MBA in Data Science and Artificial Intelligence
  • MBA in Digital Marketing
  • MBA in FinTech
  • MBA in Logistics and Supply Chain Management
1,25,000 - 1,45,500CUCET

MICA Ahmedabad



  • PGDM in Advertising & Brand Management
  • PGDM in Digital Communication Management
  • PGDM in Data Science and Business Analytics
  • PGDM in Media & Entertainment Management
  • PGDM in Sales & Customer Relationship Management



Institute of Management Technology, Ghaziabad



  • PGDM Finance
  • PGDM Marketing
  • PGDM Dual Country Programme
  • PGDM Banking and Financial Services

17,35,000 - 31,40,000


UPES Dehradun3970 (MAT)
  • MBA in Marketing Management    
  • MBA in Finance Management 
  • MBA in Operations Management    
  • MBA in Human Resource
  • MBA in Aviation Management
1,50,000 - 15,72,000UPESMET, CAT, MAT, XAT, CUET-PG
ICFAI Foundation for Higher Education, Hyderabad4085 (CAT)
  • MBA in Finance
  • MBA in Marketing
  • MBA in Operations and IT
  • MBA in Human Resource (HR)
  • MBA in Healthcare Management
1,80,000 - 16,02,000CAT, NMAT, IBSAT

T A Pai Management Institute, Manipal



  • MBA Marketing
  • MBA Human Resource Management
  • MBA Banking and Financial Services
  • MBA International Business



K J Somaiya Institute of Management



  • MBA in Healthcare Management
  • MBA in Sports Management
  • Executive MBA



XIM University, Bhubaneswar4691 (CAT)
  • MBA in Business Management
  • MBA in Human Resource Management
  • MBA in Rural Management
  • MBA in Sustainability Management
  • MBA in Urban Management & Governance
12,20,000 - 18,30,000XAT, CAT, X-GMT, NMAT, OJEE

Birla Institute of Management Technology, Greater Noida



  • PGDM Insurance Business Management
  • PGDM International Business
  • PGDM Retail Management
  • FPM
  • EFPM
  • PGDM Logistics and Supply Chain Management

11,00,000 - 13,00,000


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

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) 2023

November 26, 2023


Xavier Aptitude Test - XAT 2024

January 7, 2024


NMAT by GMAC 2023

October 10 to December 19, 2023

NMIMS, K J Somaiya, XUB, VIT Vellore, SD Bacconi Asia Centre 

SNAP 2023

December 10, 17 & 22, 2023

SIBM Pune, SCMHRD, SIOM & 12 Other Symbiosis colleges 

CMAT 2024

2nd week of April 2024

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

MAT 2023 

PBT- September 3, 2023

IBT- September 2, 9, 10, and 16, 2023

CBT- September 17, 2023

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

ATMA 2023

July 24, 2024

Welingkar, CIMR, SOIL, IMS

GMAT 2024

Available around the year


State-Level MBA Entrance Exams

State-Level MBA Entrance Exam

MBA Entrance Exam Dates

Top MBA Colleges Accepting Exam Score

MAH CET 2023

March 25 & 26, 2023


Karnataka PGCET 2023

September 9 and 10, 2023

IBA, AIMS, Alliance, ABBS, Kristu Jayanti 

TANCET 2023 

March 25, 2023

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 2023

May 26 to May 27, 2023

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

KMAT 2023

October 8, 2023

IBA, AIMS, Alliance, ABBS, Kristu Jayanti 

Institute-Level MBA Entrance Exams

Institute-Level MBA Entrance Exam

Exam Dates

Top MBA Colleges Accepting Exam Score


February 24, 2024

Tata Institute of Social Science (TISS) all campuses

IBSAT 2023

December 23 & 24, 2023

9 ICFAI B-Schools

MICAT 2024

December 4, 2023, and January 29, 2024

MICA Ahmedabad

KIITEE Management 2024

  • April 14 to April 20, 2024 (Phase 1)
  • May 14 to May 20, 2024 (Phase 2)

KIIT School of Management (KSOM) Bhubaneswar


3rd week of February 2024

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


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

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 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.

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.

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.

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.

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.

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.

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 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.

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.

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. 

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.

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.

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Related Questions

Is admission possible here in MBA without any entrance exam?

-Sumit AntilUpdated on November 25, 2023 03:51 PM
  • 5 Answers
Puneet Hooda, Student / Alumni

Dear student, 

To be eligible for MBA admission in Department of Management Studies, IIT Delhi CAT score is mandatory. Candidates who have qualified CAT are shortlisted for a personal interview. Based on cumilative peformance of candidates in CAT and personal interview, they are selected for Department of Management Studies, IIT Delhi MBA admission. So, getting admission in MBA without any entrance exam is not possible.  


whats the fee structure for mba for two years

-shivani bahugunaUpdated on November 23, 2023 11:22 AM
  • 4 Answers
Ankita Sarkar, Student / Alumni

Hello Shivani,

The fees for the MBA course at Nimbus Academy of Management is Rs 1 lakh per year. To get admitted you must have at least 50% in Graduation in any stream.

Hope this helps. Feel free to ask for any more queries.


Mba in hr k liye humme college se education loan provide hoga ya nhi

-Mansi ChoudharyUpdated on November 23, 2023 11:18 AM
  • 4 Answers
mayank Uniyal, Student / Alumni

Dear Mansi, 

The admission department at Rawal Institutions shall guide you through the financial assistance process during the counselling process. There are several banks that offer loan facilities for MBA programmes with an interest rate between 11 to 14 per cent. Moreover, the Rawal Institutions scholarship scheme is also offered for meritorious students to complete their education. 

Hope this information was helpful!

Feel free to contact us for any more questions.   


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