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Top MBA Colleges in India comprise the IIMs and a few other B-schools. MBA is one of the most sought-after PG courses after Graduation. The two-year’s Master in Business Administration program opens various career opportunities for the students.
Admission to the top MBA colleges in India is done either based on merit obtained in the Graduation level degree or national/ state level entrance exams such as CAT, MAT, CMAT, ATMA, NMAT, MAH MBA CET, etc.
Students who have passed graduation in any stream (Science, Commerce, Arts) can apply for admission to MBA Colleges in India. With a total of 5,200 MBA colleges in India, it is often a tough task for the students to choose the best MBA College among all.
Let’s find out about some of the top MBA colleges in India below.
To choose the best MBA College in India, it is also important to overview the ranking of that college. There are various ranking agencies in India that rank MBA colleges based on various ranking factors. Some of the top Indian agencies that rank MBA colleges in India are NIRF, Business Today, India Today, Outlook, etc. The agency-wise ranking for MBA colleges in India is given below.
Top MBA colleges in India NIRF rankings 2021 were released on September 9 on their official website. Here is the table demonstrating NIRF rankings 2021 for Top MBA colleges in India.
| Name of the MBA College | NIRF Ranking 2021 | NIRF Score 2021 |
1 | 83.69 | |
2 | 83.48 | |
3 | 80.04 | |
4 | 73.34 | |
5 | 72.15 | |
6 | 71.1 | |
7 | 71.02 | |
8 | 69.93 | |
9 | 69.5 | |
10 | 68.08 |
Here are the top MBA Colleges in India as per the Times Rankings 2021
MBA College Name | The Times MBA Ranking 2021 |
XLRI Jamshedpur | 1 |
IIM Raipur | 2 |
3 | |
4 | |
5 | |
6 | |
7 | |
8 | |
IIT Kharagpur | 8 |
IIT Delhi | 9 |
10 | |
11 | |
12 | |
13 | |
14 | |
15 |
Here are the top MBA Colleges in India as per India Today Rankings 2021
MBA College Name | The India Today Ranking 2021 |
Indian Institute Of Management - [IIMA], Ahmedabad | 1 |
Indian Institute of Management - [IIM], Calcutta | 2 |
Indian Institute of Management - [IIM], Bangalore | 3 |
4 | |
5 | |
Indian Institute of Management - [IIM], Indore | 6 |
7 | |
Indian Institute of Management - [IIMK], Kozhikode | 8 |
9 | |
Narsee Monjee Institute of Management Studies - NMIMS, Mumbai |
Some of the important highlights of the top MBA Colleges in India are listed in the table below:
Total MBA Colleges in India | 5,200 (Approximately) |
Approval Authority for MBA Colleges in India |
|
Types of MBA Colleges | Government & Private |
Total Number of IIMs | 20 |
Admission Process | The admission to top MBA colleges in India is done based on merit obtained by the candidates in the qualifying exam or one of the following state/ national level entrance exam scores are CAT, MAT, CMAT, ATMA, NMAT, MAH MBA CET. Some private institutions may also conduct their entrance exam for admission. |
Look at the top ten MBA colleges in India along with their average annual fees.
Top MBA Colleges in India | Average Annual Fees(INR) |
23,00,000 | |
23,00,000 | |
23,00,000 | |
19,00,000 | |
12,90,000 | |
17,01,000 | |
18,86,000 | |
96,000 | |
36,30,000 | |
19,25,000 |
The average annual fees of top MBA colleges in India range between INR 50,000 - 30 Lakhs. Here is the list of top MBA colleges in India along with their course fee in the tabular format below.
College Names | MBA Fees |
IIM Ahmedabad Fee | INR 23,00,000 |
INR 20,10,000 | |
INR 21,00,000 | |
INR 17,60,000 | |
INR 1,64,558 | |
INR 10,24,000 | |
INR 14,60,000 | |
INR 18,78,000 | |
INR 5,60,000 | |
INR 18,86,000 | |
INR 6,44,000 | |
INR 26,80,000 | |
INR 21,42,000 | |
INR 4,28,000 | |
INR 1,00,000 | |
INR 4,10,000 | |
IIMs or the Indian Institute of Management is the most prestigious and reputable management college in India offering various courses such as BBA, MBA, PGDM, etc. In India, there are around 20 IIM colleges ranked among the top MBA colleges. Mentioned below is the list of top IIMs in India ranked by NIRF 2021 among the top MBA colleges in India.
IIM Name | NIRF Ranking 2021 |
IIM Ahmedabad | 1 |
IIM Bangalore | 2 |
IIM Calcutta | 3 |
IIM Kozhikode | 4 |
IIM Indore | 6 |
IIM Lucknow | 7 |
IIM Raipur | 15 |
IIM Tiruchirappalli | 17 |
IIM Udaipur | 18 |
21 | |
IIM Shillong | 23 |
28 | |
IIM Kashipur | 33 |
40 | |
61 | |
67 | |
- | |
- | |
- | |
- |
Here is the list of Top MBA Colleges in India with low fees.
MBA College Names | Total MBA Fees(INR) |
11,252 | |
38,560 | |
4,700 | |
National Institute of Rural Development and Panchayati Raj, Hyderabad Fee | 2,90,000 |
9,46,000 | |
8,770 | |
MVIT - Sir M. Visvesvaraya Institute of Technology, Bangalore Fees | 11,79,200 |
Department of Business Management, University of Calcutta Fees | 16,508 |
Indira Gandhi National Tribal University, Anuppur Fees | 10,500 |
PSG College of Arts and Science, Coimbatore Fees | 14,000 |
The admission process for MBA colleges in India depends on the type of institute. The detailed admission process for MBA colleges in India are explained below:
MBA Admission Through National Level Entrance Exam | Some of the top Government & private MBA colleges, including IIMs, provide admission to the course based on national level entrance exams such as ATMA, CAT, CMAT, GMAT, MAT, etc. After the exam, the qualifying candidates are allotted seats through the counseling process based on their rank in the entrance test. |
MBA Admission Through State Level Entrance Exam | Some states also conduct their entrance test for admission to MBA programs. Some of the state-level entrance exams are Karnataka PGCET,MAH MBA CET, AP ICET, TS ICET, TANCET, etc. After the exam, the qualifying candidates are allotted seats through the counseling process based on their rank in the entrance test. |
MBA Admission Through Institute Level Entrance Exam | Some institutes also conduct their entrance test for admission to MBA programs. Some of the state-level entrance exams are IPU CET, AMUEE, CUCET, LPUNEST, etc. The candidates who qualify for the entrance test will be called to the campus for further admission formalities. |
Some of the colleges also have some seats reserved for the management quota. Through the management quota seats, the candidates can take admission to the course directly based on qualifying exam merit. |
Here is the list of top government MBA colleges in India along with their course fees.
MBA Government Colleges in India | Course Fee (in Rs) |
IIM Ahmedabad Course | 23.00 Lakh |
IIM Bangalore Course | 18.70 Lakh |
IIM Calcutta Course | 10.10 Lakh |
20.50 Lakh | |
8.80 Lakh | |
IIM Indore Course | 17.06 Lakh |
IIM Lucknow Course | 5.69 Lakh |
9.26 Lakh | |
8.67 Lakh | |
IIT Madras Course | 8.00 Lakh |
Here is the list of private MBA colleges in India along with their course fees.
MBA Private Colleges in India | Course Fee (in Rs) |
XLRI Xavier School of Management, Jamshedpur Course | 23.60 Lakh |
Management Development Institute, Gurugram Course | 21.34 Lakh |
NITIE, Mumbai Course | 11.33 Lakh |
S. P. Jain Institute of Management & Research Course | 17.87 Lakh |
Symbiosis Institute of Business Management, Pune Course | 10.20 Lakh |
SVKM’s Narsee Monjee Institute of Management Studies Course | 10.42 Lakh |
Great Lakes Institute of Management, Chennai Course | 11.81 Lakh |
Indian Institute of Foreign Trade, Delhi Course | 8.85 Lakh |
International Management Institute, Delhi Course | 18.34 Lakh |
Narsee Monjee Mumbai Course | 6.44 Lakh |
ISB Hyderabad Course | 36.3 Lakh |
Kalinga Institute of Industrial Technology - KIIT, Bhubaneswar Course | 11.2 Lakh |
Prin LN Welingkar Institute of Management Development and Research (WESCHOOL), Mumbai Course | 13 Lakh |
Symbiosis Center for Management and Human Resource Development, Pune Course | 19.2 Lakh |
ICFAI Foundation for Higher Education, Hyderabad Course | 16.2 Lakh |
*Important Note: The fee structure mentioned above is indicative only and is subject to change unconditionally.
The top MBA colleges in India offer admission based on the entrance exam cutoffs. Top MBA colleges in India cutoff ranges between 95 to 100. Check the MBA colleges in India in the tabular format below along with their cut-off percentile.
MBA College Name | MBA College Cutoff |
99-100 percentile | |
98-99 percentile | |
98-99 percentile | |
98-99 percentile | |
90-95 percentile | |
95-98 percentile | |
95-98 percentile | |
90-95 percentile | |
92-94 percentile | |
94-98 percentile |
Here is the list of top MBA colleges in India with their highest CTC in Placements.
MBA Name of the College | Highest CTC (Approximate) |
32 LPA | |
80 LPA | |
55 LPA | |
58.47 LPA | |
22.92 LPA | |
58 LPA | |
25 LPA | |
40.50 LPA | |
S. P. Jain Institute of Management & Research, Mumbai Placement | 28 LPA |
50 LPA |
Applicants are shortlisted for admission to top MBA colleges in India based on their performance in the entrance exams such as CAT, XAT, GMAT, CMAT, MAT, NMAT, ATMA., etc. Candidates can check the list of MBA colleges in Pune accepting such entrance exams.
Here is the list of Top MBA Colleges in India Accepting admissions without CAT.
MBA College Name | CAT Percentile |
IIM Ahmedabad | 90 |
IIM Bangalore | 99 |
IIM Calcutta | 99 |
IIM Lucknow | 97 |
IIM Indore | 97 |
IIT Kharagpur | 90 |
XLRI Jamshedpur | 96 |
IIT Delhi | 90 |
SPJIMR Mumbai | 92 |
85 | |
JBIMS Mumbai | 96 |
IMI New Delhi | 90 |
NITIE Mumbai | 90 |
Prin LN Welingkar WeSchool | 80 |
Here is the list of Top MBA Colleges in India Accepting MAT Scores.
MBA College Name | MAT Cutoff |
73 | |
67 | |
Amrita Vishwa Vidyapeetham, Coimbatore | 87 |
87 | |
43 | |
67 | |
80 | |
67 | |
67 | |
80 |
Here is the list of Top MBA Colleges in India Accepting CMAT Scores.
MBA College Name | CMAT Cutoff |
Great Lakes Chennai | 90 |
BIMTECH Greater Noida | 95 |
LPU Jalandhar | 90 |
90 | |
KJ Somaiya Institute of Management | 90 |
UPES Dehradun | 96 |
Jaipuria Institute of Management | 75 |
IMT Hyderabad | 70 |
70 | |
80 |
Here is the list of Top MBA Colleges in India Accepting XAT Scores.
MBA College Name | XAT Cutoff |
XLRI Jamshedpur | 96 |
Great Lakes Chennai | 90 |
BIMTECH Greater Noida | 70 |
LPU Jalandhar | 80 |
Prin LN Welingkar WESCHOOL, Mumbai | 80 |
TAPMI Manipal | 86 |
80 | |
IMT Ghaziabad | 90 |
Here is the list of top MBA colleges in India offering admissions to aspirants without entrance exams.
College/ University Name | Average MBA Fees |
INR 14,30,000 | |
Jagan Institute Of Management Studies - [JIMS] Rohini, New Delhi | INR 15,90,000 |
Lovely Professional University, Jalandhar | INR 5,32,000 |
INR 7,00,000 | |
Institute Of Business Management & Research - [IBMR], Ahmedabad | INR 2,70,000 |
University of Petroleum and Energy Studies - [UPES], Dehradun | INR 12,572,000 |
INR 12,16,000 | |
INR 11,00,000 | |
INR 11,00,000 | |
Christ University, Bangalore | INR 7,60,000 |
IIM Ahmedabad is among the first top MBA colleges in India with the highest placements followed by IIM Calcutta and IIM Bangalore. Other than IIMs, MDI Gurgaon, IIFT Delhi, and FMS Delhi are some of the top colleges for MBA offering the best Return on Investment (ROI).
Return on Investment (ROI) is the crucial factor for aspirants before taking admissions to the MBA colleges. Here is the table with the ranking of ROIs of the top institutes of India.
ROI Percentage= {(Average Placement Package)/(Average Annual Fee)}*100%
Name of the MBA College | Average Annual Fee (in Rs) | Average Placement Package (in Rs) |
IIM Ahmedabad | 23 L | 26 LPA |
IIM Bangalore | 23 L | 25 LPA |
IIM Calcutta | 23 L | 27 LPA |
IIM Kozhikode | 20 L | 22.50 LPA |
IIT Delhi | 9.6 L | 18.47 LPA |
IIM Indore | 15 L | 22.92 LPA |
IIM Lucknow | 19 L | 24.25 LPA |
XLRI Jamshedpur | 23 L | 18.80 LPA |
IIT Kharagpur | 10 L | 18.00 LPA |
IIT Bombay | 8.67 L | 21.96 LPA |
Here are the top specialisation offered by the top MBA colleges in India:
Business Administration | General Management | |
Entrepreneurship and Family Business | ||
Hospital Management | ||
Airline and Airport Management | Global Management | |
Start-up Management | Export Management |
Top recruiting companies that hire MBA graduates from the Top MBA colleges of India are as follows:
UBS | Bharti Airtel | IBM |
Hindustan Unilever | Barclays Capital | Deloitte |
Bank of America | L’Oreal Paris | Citigroup |
National Stock Exchange | Reserve Bank of India | JP Morgan |
Kotak Mahindra Group | Godrej | Reckitt Benckiser |
Bajaj Auto | Boston Consulting Group | HCL |
Bloomberg | Deutsche Bank | American Express |
Applied Filters
MBA colleges in India offer MBA, PGP and PGD programs in multiple disciplines.
MBA college in India offers many MBA specializations such as MBA in Marketing, Finance, HR and Business Analytics
Some of the entrance exams conducted for admission in MBA College in India are CAT, MAT and CMAT
Some of the low fee MBA colleges in India are FMS Delhi, KJ Somaiya Institute of Management Studies and Research, Mumbai and MNNIT Allahabad
The fee of MBA colleges in India will vary from college to college. The average fee of MBA colleges in India is 3-4 lakh per annum
You can apply to MBA colleges in India by filling the application form available online. You need to submit the application form before the deadline
Some of the MBA colleges in India that have good placements are IIM Bangalore, ICFAI Hyderabad and Great Lakes Institute of Management, Chennai
More than 3800 MBA colleges are there in India. Candidates can check all the MBA colleges situated in India here
Guru Nanak Dev University College, Jalandhar, Punjabi University, Patiala and IIM Bangalore are some of the good government MBA colleges in India
Some of the well known colleges for MBA in India are IIM Ahmedabad, FMS Delhi, Chandigarh University and LPU Phagwara.
