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    MBA Admission 2027: 43 AICTE-Approved MBA Colleges Closed in Last 3 Years
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    • MBA Admission 2027: 43 AICTE-Approved MBA Colleges Closed in Last 3 Years

    MBA Admission 2027: 43 AICTE-Approved MBA Colleges Closed in Last 3 Years

    #MBA
    Sambhav ThakurUpdated on 04 Aug 2026, 05:05 PM IST

    While thousands of aspirants prepare for the upcoming MBA admissions 2027, several B-schools are quietly disappearing from India's management education landscape. As per the AICTE data in the last three years 43 MBA Colleges which had AICTE approval have stopped their MBA Admission. AICTE approval data reveals that 22 AICTE-approved MBA colleges have been shut down in 2025-26 season while 15 MBA colleges were closed in 2024-2025 and 6 in the preceding year that means in 2023-2024. Among the states where the most number of AICTE approved colleges were closed, Madhya Pradesh topped the list with 12 colleges being shut down. MP was followed by Uttar Pradesh (8) and Maharashtra (8). From general MBA programmes to specialised courses such as Business Analytics, Innovation & Entrepreneurship, Financial Management, Marketing Management and Family Business, dozens of management programmes will no longer admit students.

    MBA Admission 2027: 43 AICTE-Approved MBA Colleges Closed in Last 3 Years
    MBA Admission 2027: 43 AICTE-Approved MBA Colleges Closed in Last 3 Years

    MBA Admission 2027: 43 AICTE Approved MBA Colleges Closed in Last Three Years

    The AICTE approval data for the 2025-26 academic session shows that 43 MBA colleges have completely discontinued their management programmes and will no longer offer admissions. All of these institutes are private self-financing colleges, with Madhya Pradesh recording the highest number of closures (12 colleges).

    The number of the AICTE approved MBA Colleges which have stopped MBA admission over the last years has risen from 6 in 2023-24 to 22 in 2025-26.

    The table below provides the complete list of AICTE-approved MBA colleges closed in the last three years along with their institute type and state.

    AICTE MBA Colleges Closed In 2025-26

    AICTE MBA Colleges Closed

    Type

    State

    KSRM College Of Management Studies

    Private-Self Financing

    Andhra Pradesh

    Ahmedabad Institute Of Hospitality Management

    Private-Self Financing

    Gujarat

    GIDC Rajju Shroff Rofel Institute Of Management Studies

    Private-Self Financing

    Gujarat

    Astral Institute Of Business Management

    Private-Self Financing

    Madhya Pradesh

    Sahib Institute Of Management And Research Indore

    Private-Self Financing

    Madhya Pradesh

    Dr.D.Y.Patil Institute Of Management & Research

    Private-Self Financing

    Maharashtra

    G H Raisoni College Of Business Management,

    Private-Self Financing

    Maharashtra

    Indira Institute Of Management

    Private-Self Financing

    Maharashtra

    Indira School Of Business Studies

    Private-Self Financing

    Maharashtra

    Indira School Of Business Studies Pgdm

    Private-Self Financing

    Maharashtra

    Barabati Institute Of Management Studies

    Private-Self Financing

    Odisha

    Baba Farid College Of Management & Technology

    Private-Self Financing

    Punjab

    Cordia Institute Of Business Management

    Private-Self Financing

    Punjab

    Avanthi's School Of Business Management

    Private-Self Financing


    Telangana

    Nicmar Institute Of Construction Management And Research

    Private-Self Financing

    Telengana

    Future Institute Of Management Studies

    Private-Self Financing

    Uttar Pradesh

    Indus Institute Of Technology & Management

    Private-Self Financing

    Uttar Pradesh

    Kashi Institute Of Management And Science

    Private-Self Financing

    Uttar Pradesh

    Krishna College Of Management

    Private-Self Financing

    Uttar Pradesh

    Nss College Of Management

    Private-Self Financing

    Uttar Pradesh

    Lal Bahadur Shastri Institute Of Management And Technology Bareilly

    Private-Self Financing

    Uttar Pradesh

    Vidya International School Of Business

    Private-Self Financing

    Uttar Pradesh

    Read More: MBA Without Entrance Exam in Maharashtra 2026

    MBA Admission: AICTE MBA Colleges closed in 2024-2025

    Out of the 15 MBA Colleges which stopped MBA Admission in 2024-25 batch, almost half of the colleges were from Madhya Pradesh (7).

    AICTE MBA Colleges Closed In 2024-25

    AICTE MBA Colleges Closed

    Type

    State

    Prabhath Institute Of Business Management

    Private-Self Financing

    Andhra Pradesh

    Khyati Institute Of Management

    Private-Self Financing

    Gujarat

    Aget Business School

    Private-Self Financing

    Haryana

    Brij Mohan Institute Of Management And Technology

    Private-Self Financing

    Haryana

    Lakshay College Of Hotel Management

    Private-Self Financing

    Haryana

    Devkinandan College Of Management

    Private-Self Financing

    Madhya Pradesh

    Grantham College Of Management

    Private-Self Financing

    Madhya Pradesh

    My Institute Of Management

    Private-Self Financing

    Madhya Pradesh

    Navratan College Of Management

    Private-Self Financing

    Madhya Pradesh

    Veena Vadini College Of Management

    Private-Self Financing

    Madhya Pradesh

    Vidya Devi College Of Management

    Private-Self Financing

    Madhya Pradesh

    Institute For Technology & Management

    Private-Self Financing

    Maharashtra

    D.A.V. School Of Business Management

    Private-Self Financing

    Odisha

    Sherwood College Of Management

    Private-Self Financing

    Uttar Pradesh

    St Josephs Pgdm College

    Private-Self Financing

    Telangana

    MBA Admission: AICTE MBA Colleges closed in 2024-2025

    AICTE MBA Colleges Closed In 2023-24

    AICTE MBA Colleges Closed

    Type

    State

    Bharatiya Vidya Bhavan's Usha & Lakshmi Mittal Institute Of Management

    Private-Self Financing

    Delhi

    Indore Management Institute And Research Centre

    Private-Self Financing

    Madhya Pradesh

    Vijay Laxmi College Of Management

    Private-Self Financing

    Madhya Pradesh

    Vikrant Institute Of Business Management

    Private-Self Financing

    Madhya Pradesh

    Vikrant Institute Of Business Management

    Private-Self Financing

    Madhya Pradesh

    Unitedworld School Of Business

    Private-Self Financing

    Gujarat

    AICTE MBA Colleges Closed : Year By Year Break Up

    Now if we go by the trends of how gradually the number of the AICTE approved MBA colleges closed over three years we will see that the number rose from 6 to 22 in three years. This represents an increase of 267% in just two years.

    Year

    Number of AICTE Approved Colleges Closed

    Most in the State

    2023-2024

    6

    Madhya Pradesh (4)

    2024-2025

    15

    Madhya Pradesh (7)

    2025-2026

    22

    Uttar Pradesh (8)

    Read More: MBA Colleges in Gujarat Offering Direct Admission Without Entrance Exam

    State-wise AICET MBA College Closures (2023-24 to 2025-26)

    The state-wise data reveals that the AICTE college closures are concentrated in a handful of states. Madhya Pradesh alone accounts for nearly 28% of all MBA college closures, with 12 institutes discontinuing admissions over the last three years. Uttar Pradesh and Maharashtra follow with eight closures each, meaning these three states together account for 28 out of the 43 closures which is around 65% of the total number of colleges that got closed.

    State

    MBA Colleges Closed

    MBA Colleges Closed in Madhya Pradesh

    12

    MBA Colleges Closed in Uttar Pradesh

    8

    MBA Colleges Closed in Maharashtra

    8

    MBA Colleges Closed in Gujarat

    4

    MBA Colleges Closed in Haryana

    3

    MBA Colleges Closed in Andhra Pradesh

    2

    MBA Colleges Closed in Telangana

    2

    MBA Colleges Closed in Punjab

    2

    MBA Colleges Closed in Odisha

    2

    MBA Colleges Closed in Delhi

    1

    Total

    43

    Pursuing an MBA continues to remain strong, with entrance examinations such as CAT, XAT, CMAT and state-level MBA entrance tests witnessing participation from lakhs of aspirants every year.

    At the same time, the AICTE data suggests that the management education ecosystem is becoming more competitive. While new institutions continue to emerge and established B-schools expand their intake, some colleges have discontinued their MBA programmes due to a variety of institutional and operational reasons. The closures have largely been limited to private self-financing institutes.

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