Top MBA Colleges in India May 2023: Ranking, Fees, Admission, Placement 2023

IIM Ahmedabad

Approved by: EQUIS AICTE
Type: Government
NIRF Ranking: 1

IIMA has been consistently ranked as the premier management school in the country by several national agencies. IIMA programmes are also ranked highly in several international rankings. In 2008, IIMA became the first management school in the country to be awarded EQUIS (European Quality Improvement System) accreditation by the EFMD (European Foundation for Management Development). The two-year full-time Post Graduate Programme in Management (PGP), is considered the toughest MBA programme in the world to get admission. Admission for the IIMA management programme is based on CAT examination. IIMA MBA Fees is Rs 23 lakhs and range up to Rs 32 lakhs for other management programmes.

IIM Ahmedabad Fees

Indian Institute of Management (IIMB), Bangalore

3 Reviews

Approved by: AICTE EQUIS Ministry of HRD
Type: Public
NIRF Ranking: 2

Indian Institutes of Management Bangalore, popularly known as IIM Bangalore is among India's oldest Indian management schools. It also stands as one of the top B-schools in Asia, established in 1973. There are numerous postgraduate and doctoral programmes offered by IIM Bangalore. IIM Bangalore accepts CAT, GMAT, and GRE results for admission to postgraduate programmes. IIM Bangalore courses are MBA, and Executive MBA, including their flagship PGP programme. The PGP programme lasts for two years and is a full-fledged degree programme. IIM Bangalore top recruiters include McKinsey & Co, Microsoft, Amazon, Mindswork Consulting, Morgan Stanley, and Accenture.

Fee Structure

IIM Calcutta

Approved by: UGC AMBA AACSB EQUIS
Type: Public
NIRF Ranking: 3

IIM Kolkata is one of India's top five MBA colleges and the best MBA college in West Bengal. IIMC also offer an executive MBA programme along with MBA courses. IIM Kolkata's MBA admissions procedure is based on CAT scores, group discussions, and personal interviews. MBA admission to IIM Kolkata requires a CAT score of 95 or higher. The biggest package offered at IIM Kolkata placements is Rs. 80 LPA, with an average package of Rs. 26 LPA.

IIM Calcutta Fees

Other Popular Management Degrees

Subhas Bose Institute of Hotel Management

Approved by: Govt. of West Bengal MAKAUT WB
Type: Private

Fee Structure

Govt. P.G. College Himachal Pradesh

Approved by: NAAC
Type: Government

The Govt. P.G. College, GPC was founded in 1963. GPC has been accredited by the National Assessment and Accreditation Council (NAAC). The Govt. P.G. College in Himachal Pradesh provides 41 courses in 12 streams, including arts, business and banking, management, information technology, and paramedicine. B.Com, BSc, BTTM, BBA, and BCA are popular degrees offered at Govt. P.G. College in Himachal Pradesh. Along with having a strong methodology for instruction, Govt. P.G. College Himachal Pradesh is a pioneer in both research and innovation.

Fee Structure

FMS Delhi

Approved by: NAAC
Type: Public

One of the constituent colleges of the University of Delhi, FMS Delhi, or Faculty of Management Studies, provides an MBA programme. Every year, there is fierce competition for admission to this well-known MBA college in Delhi, matching that of the IIMs. The percentile obtained on the CAT exam is used to determine eligibility for the MBA programme provided by FMS Delhi. The initial screening of applicants for FMS Delhi MBA admission is based on CAT percentile, while the ultimate admission is determined by interview performance.

FMS Delhi Fees

Degree Specializations

Quick Filters

Business Administration (2160)
General Management (1616)
Finance (1296)
Marketing (1242)
Human Resources Management (1210)
International Business (450)
Operations Management (310)
Information Technology (298)
Business Analytics (250)
Management (194)

SJMSOM Mumbai

Approved by: AICTE
Type: Private

Shailesh J. Mehta School of Management, popularly known as SJMSOM, is a part of IIT Bombay, established in 1995. SJMSOM offers a two-year flagship MBA programme. SJMSOM IIT Bombay accepts the scores of CAT /GMAT for its Masters's programme in Management. The admissions at SJMSOM IIT Bombay are based on CAT scores and past academic records, followed by personal interview. SJMSOM highest package 2022 offered was Rs 49 LPA, whereas the average package stood at Rs 29.9 LPA. SJMSOS top recruiters include Amazon, Flipkart, TVs, and Asian Paints.

SJMSOM Mumbai Fees

Indian Institute of Foreign Trade (IIFT), New Delhi

Approved by: UGC NAAC AACSB AIMA EFMD
Type: Government

India's top MBA programme for international business is at IIFT New Delhi. The popular MA and Executive MBA programmes offered by IIFT are also available to students. IIFT New Delhi's MBA admissions procedure is based on the IIFT Entrance Exam administered by NTA, which is followed by an Extempore and a Personal Interview. The highest salary package offered at IIFT New Delhi is 50 LPA for domestic employees and 80 LPA for international employees.

Fee Structure

IMCU bangalore

Approved by: Other
Type: Private
NIRF Ranking: 189

Christ University founded the Institute of Management in 1994. The first course introduced was a two-year full-time post-graduate management programme (MBA). The basic objective was to enhance management research and consulting. Students who desire to apply for/take admission in the aforementioned programmes must obtain a minimum of marks in tests such as MAT, GMAT, GRE, CMAT, CAT, XAT, ATMA, and so on. The CAT 2022 admit card is available on the official website. Registered candidates can access it at iimcat.ac.in. Candidates taking the CAT should be aware that the exam will take place on November 27, 2022.

IMCU bangalore Fees

MBA Colleges in States

KJ SOMAIYA Mumbai

Approved by: SAQS AACSB AIU MHRD ISO NBA AICTE
Type: Private
NIRF Ranking: 71

KJ Somaiya Institute of Management was founded in 1981 in Mumbai as a private B-school. KJ SOMAIYA Mumbai is one of the best management colleges in India, ranking in the top amongst full & part-time MBA colleges. KJ Somaiya Institute of Management ranks 71st in the list of NIRF 2022 top Management colleges in India. KJ SOMAIYA Mumbai MBA admissions are offered on the basis of CAT/ XAT / CMAT/ NMAT scores followed by personal interview. KJ SOMAIYA Mumbai highest salary package offered was Rs 26.5 lakh per annum.

KJ SOMAIYA Mumbai Fees

NMIMS Mumbai

85 Reviews

Approved by: UGC NAAC NBA AICTE
Type: Deemed University Private
NIRF Ranking: 89

Narsee Monjee Institute of Management Studies was established in 1981 and has since grown to become a globally renowned institution. The Shri Vile Parle Kelavani Mandal (SVKM), recognised for its social concern, decided to meet India's growing demand for management institutes. The University Grants Commission and the Ministry of Education have authorised the institute, and it is accredited by the NAAC and NBA. The management college is AACSB certified, while the Bengaluru and Hyderabad programmes are AMBA accredited. The Mumbai University was the first to recognise the institute. NMIMS currently offers 17 specialised schools and 16 fields. Management, business, commerce, and economics, pharmaceutical sciences, engineering, and technology management are among the programmes offered.

NMIMS Mumbai Fees

IIT Madras

Approved by: AICTE
Type: Public
NIRF Ranking: 1

Institute of Engineering and Management also known as IEM Kolkata, is considered one of the best management colleges in West Bengal. Established in 1989 in Kolkata by Mr Satyajit Chakrabarti, the IEM Kolkata aspires to provide quality education to its students. The fees for BBA at IEM Kolkata is Rs 1,00,000. Admission to the IEM Kolkata three year long BBA course is possible through the college’s entrance examination like IEM and JEE. The eligibility criteria for BBA is that the applicants must have cleared their class 12 board examinations conducted by a recognized board, with an aggregate scorecard of minimum 50%.

IIT Madras Fees

MBA Colleges in Cities

Vinod Gupta School of Management - IIT KGP

Approved by: AICTE
Type: Government

Vinod Gupta School of Management is among the top B-schools in India. The institute is a part of IIT Kharagpur. Vinod Gupta School of Management courses includes MBA and executive MBA programmes in collaboration with IIM Calcutta and Indian Statistical Institute (ISI). At the research level, the institute also offers a full-time PhD programme for Management aspirants. The mode of the VGSOM application process is online. VGSOM admission is based on merit, personal interview and the entrance exam score. VGSOM IIT Kharagpur has recorded 100% placements in 2022. Top recruiters of VGSOM include Accenture, Infosys, Deloitte and TCS.

Fee Structure

Department of Management Studies, Indian Institute of Technology

Approved by: AICTE
Type: Public

IIT Delhi is the top-ranked Management college in India which always features among the top 5 Management colleges as per NIRF Rankings. The popular courses offered by IIT Delhi include MBA, EMBA and MDP. The DMS IIT Delhi admission is based on the rank scored in CAT. The highest package offered at IIT Delhi placements goes up to Rs. 1 crore per annum, and the average CTC stands at Rs. 16 LPA approximately.

Fee Structure

Jagannath Community College, Sector-3, Rohini

44 Reviews

Approved by: AICTE Ministry of HRD
Type: Private

Jagannath Community College (JCC), Sector 3, Rohini, formerly Jagannath Institute of Management Sciences (JIMS), Sector 3, Rohini, is a private co-educational college established in 2005. Under the guidance of the Jagan Nath Gupta Memorial Educational Society, the institute is well established and has the capacity to grow. Jagannath Community College (JCC) is a private institute located in Rohini, Delhi. In Delhi, JCC has this one-of-a-kind facility. The institute has been recognised by both the AICTE and the UGC. The costs of Jagannath Community College (JCC), Sector 3, Rohini vary depending on the course structure and duration.

Fee Structure

Courses and Careers

DOMS Roorkee

Type: Private

Department of Management Studies (DoMS) Roorkee is a part of Indian Institute of Technology Roorkee. It is one of the most prestigious B-Schools in India. It offers various specialisations under Management programmes. Candidates who want to get admission in the IIT Roorkee with an MBA course in the Department of Management Studies (DoMS) have to crack CAT Examination. The highest salary package offered at DoMS Roorkee is Rs 75LPA.

DOMS Roorkee Fees

SIBM Bangalore

Approved by: UGC NAAC
Type: Private

Symbiosis Institute of Business Management (SIBM) Bengalore, is popularly known for its management education with a “quantitative difference” that envisions a promising work culture, SIBM-B is consistently ranked among the top 10 management schools in the country. Its modern and regular institute-industry interaction promote a robust student environment. The institute offers a 2 years MBA programme specialising in Marketing, Finance, Operations and Supply Chain Management, Human Resource and Data Analytics (Admission through SNAP) and more with a fee structure of about Rs10 lakhs per annum.

SIBM Bangalore Fees

VELS University Chennai

Approved by: UGC NAAC
Type: Private

Vels University is a deemed university that was established in 1992. It is recognised by the University Grants Commission (UGC) and approved by the All India Council for Technical Education (AICTE). The Vels Institute of Science, Technology, and Advanced Studies has received an ‘A’ rating from the National Assessment and Accreditation Council (NAAC). Vels University offers undergraduate and postgraduate programmes in engineering, management, hotel management, pharmacy, computer application, education, mass communication, sciences, maritime studies, languages, commerce, music, tourism, aviation, law, fine arts, and Vedic astrology.

VELS University Chennai Fees

Related Exams

Great Lakes Institute of Management, Chennai

Approved by: AICTE NBA AMBA SAQS
Type: Private

Great Lakes Institute of Management Chennai is one of the top ranked management institute in India. The institute has been ranked 31 for MBA/PGDM by NIRF 2022. Great Lakes Chennai has also been ranked fifth among best private management colleges by the Outlook ICARE Ranking 2021.Great Lakes Chennai admissions are based on the score of CAT/ XAT exams. Great Lakes Chennai highest salary 2022 stood by Rs 35 lakh per annum. The top recruiters of Great Lakes include Deloitte, Accenture, HCL, and Cognizant.

Fee Structure

SIMS Pune

Approved by: UGC NAAC AICTE
Type: Private

Symbiosis Institute of Management Studies or SIMS Pune is one of the best MBA colleges in India. SIMS Pune offers full-time MBA and MBA Executive programme of two year. The admission to SIMS Pune is based on the past academic records and Symbiosis National Aptitude (SNAP) Test. SIMS Pune placement 2022 shows a remarkable record. The highest salary offered at Symbiosis Institute of Management Studies was 26.5 lakh per annum, whereas average salary stood at Rs 10.66 lakh per annum. SIMS Pune top recruiters include Deloitte, Google, EY, Axis Bank, and Accenture.

SIMS Pune Fees

Bharathidasan Institute of Management

Approved by: AICTE ACBSP
Type: Public
NIRF Ranking: 83

Bharathidasan Institute of Management or BIM Trichy is a private B-school located in Tiruchirappalli. BIM Trichy ranked 83rd among top MBA colleges by NIRF 2022. BIM Trichy offers a two-year full-time MBA programme in six specialisations approved by AICTE. BIM Trichy accepts CAT/XAT/GMAT scores for shortlisting candidates for admission to MBA programme. Bharathidasan Institute of Management offers 100% placement to its MBA students. BIM Trichy top recruiters include Wipro Technologies, Oracle, HDFC Bank, Accenture, and HCL Technologies.

Fee Structure

Colleges by Popular Streams

BITS Pilani

Approved by: AICTE NAAC
Type: Private
NIRF Ranking: 32

BITS Pilani is considered one of the top institutes in India. The Department of Management at BITS Pilani is ranked among the top 10 private MBA schools in India by "The Outlook-ICARE MBA Rankings 2020" and among the top 7 MBA schools overall in the West zone. It is one of the top 30 B-Schools in India according to "THE WEEK Hansa Research Best B-Schools Survey 2019." Admission in BITS Pilani MBA course is based on CAT exams.

BITS Pilani Fees

DYPUSM Mumbai

2 Reviews

Approved by: UGC NAAC
Type: Private

DYPUSM Mumbai also known as DY Patil University School of Management is amongst the popular management institutes in Mumbai and is accepted by UGC and AICTE. The university is approved by NAAC-A Grade. DY Patil University School of Management Mumbai (DYPUSM) provides UG and PG courses like BBA and MBA. The university accepts admission on a merit basis in the university entrance exam. The annual fee for the MBA programme ranges between Rs 5,00,000 - 6,30,000.

DYPUSM Mumbai Fees

NIPER Mohali

Approved by: PCI Other
Type: Public
NIRF Ranking: 4

National Institute of Pharmaceutical Education and Research or NIPER Mohali was established in 1998. NIPER Mohali offers full-time 2-years MBA (Pharm.) programme. NIPER accepts GPAT/GATE exams for admission to its course. Candidates can also apply for NIPER JEE MBA exam throu the official website of National Institute of Pharmaceutical Education and Research. NIPER Mohali offers 70-80% placement opportunities to its students. Top recruiters of NIPER Mohali includes Dr Reddy's Lab, Mylan, Novartis, Cadila, etc.

NIPER Mohali Fees

MBA Colleges by College Type

XIM University

Approved by: UGC AICTE NBA SAQS CRISIL
Type: Private

Xavier Institute of Management, also known as XIMB Bhubaneswar, was established in 1987 as a Government college. XIMB is a UGC approved business school that offers two-year full time MBA programme. XIMB Bhubaneswar MBA admissions are done on the basis of cut off declared by the Xavier Institute of Management. XIMB Bhubaneswar placement rate during placement drive 2022 has been 100%. Tthe highest package offered during Xavier Institute of Management Bhubaneswar Placements 2022 was Rs 32.21 lakh per annum, whereas the average package stood at Rs 17.54 lakh per annum.

XIM University Fees

Swarrnim Startup And Innovation University

Approved by: AICTE AIU INC
Type: Private

Swarrnim Startup And Innovation University is one of the top universities of its kind in Gujrat, most popular for its BBA course. It is recognised by AICTE, COA, CCH, CCIM, INC, GNM, GSCPT and the Ministry of Health AAYUSH. Swarrnim Startup And Innovation University BBA course is offered with various specialisations such as entrepreneurship, international business, financial services, and business analytics. Students with at least 45% in Class 12 are eligible to apply for this course. Admission to Swarrnim Startup And Innovation University BBA programme is based on personal interviews. The university imparts advanced and practical knowledge about innovation, startup and entrepreneurship and provides facilities like an incubation centre inspiring students to launch their ideas and become successful entrepreneurs.

Fee Structure

ICFAI Business School (IBS), Hyderabad

2 Reviews

Approved by: SAQS AACSB ICRA NAAC
Type: Deemed University

ICFAI Business School Hyderabad is a member of the ICFAI Foundation for Higher Education, which has been designated as a deemed-to-be-university under Section 3 of the University Grants Commission Act of 1956. IBS Hyderabad was founded in 1995 and is located on Shankarpally Road in Hyderabad. The IBS Hyderabad campus has 91 acres of land. Classrooms, lecture theatres, tutorial rooms, conference halls, seminar halls, auditorium, library, computer lab, faculty rooms, meeting rooms, administrative offices, academics office, student support services office, and career management centre are just a few of the IBS Hyderabad amenities.

Fee Structure

G.H. Raisoni Institute of Management & Research

Approved by: NAAC AICTE
Type: Private

The G.H. Raisoni Institute of Management and Research is located in Nagpur, Maharashtra, India. GHRIMR is a private institution that was founded in 2008. It is a NAAC and AICTE-accredited college. G.H. Raisoni Institute of Management & Research provides two courses in two fields: management and information technology. MBA and MCA are popular degrees at G.H. Raisoni Institute of Management & Research. The placement choices at G.H. Raisoni Institute of Management & Research are diverse, offering opportunities in both the corporate and public sectors, as well as entrepreneurship.

Fee Structure

IME IIT Kanpur

Approved by: Other
Type: Government

Department of Industrial and Management Engineering under IIT Kanpur has the top-rated management institutes. Popular degrees offered at the Department of Industrial and Management Engineering include B.Tech+M.Tech, B.Tech+MBA, PGD, M.Tech, MBA. Specializations offered in MBA include sectoral regions in Manufacturing Management and Service Management besides Operations, Systems, Marketing, Finance, and Human Resource Management. Admission in the Department of Industrial and Management Engineering at IIT Kanpur is based on the sectional CAT Percentile Scores, Academic Background, and Work Experience.

IME IIT Kanpur Fees

IFMR Chennai

Approved by: AICTE
Type: Private

The IFMR GSB MBA application procedure for the 2023-25 session has begun. IFMR GSB is located in Sri City, Andhra Pradesh. It is a private institute connected with Krea University. IFMR Graduate School of Business offers various courses, including MBA and Executive MBA. It is one of the best MBA institute in India. The IFMR GSB has been approved by the South Asian Quality Assurance System (SAQS). In addition, the institute has been ranked 50th for Private MBA by NIRF 2021.

IFMR Chennai Fees

#Marks Nahi, Haal Poocho

Top MBA Colleges in India May 2023

List Of 4342 PG MBA colleges in India

IIM Ahmedabad

Indian Institute of Management (IIMB), Bangalore

IIM Calcutta

Subhas Bose Institute of Hotel Management

Govt. P.G. College Himachal Pradesh

FMS Delhi

SJMSOM Mumbai

Indian Institute of Foreign Trade (IIFT), New Delhi

IMCU bangalore

KJ SOMAIYA Mumbai

NMIMS Mumbai

IIT Madras

Vinod Gupta School of Management - IIT KGP

Department of Management Studies, Indian Institute of Technology

Jagannath Community College, Sector-3, Rohini

DOMS Roorkee

SIBM Bangalore

VELS University Chennai

Great Lakes Institute of Management, Chennai

SIMS Pune

Bharathidasan Institute of Management

BITS Pilani

DYPUSM Mumbai

NIPER Mohali

XIM University

Swarrnim Startup And Innovation University

ICFAI Business School (IBS), Hyderabad

G.H. Raisoni Institute of Management & Research

IME IIT Kanpur

IFMR Chennai

Management Related News