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    Top 20 Non-IIM MBA Colleges in India 2025: Fees, Placements, Entrance Exams

    Top 20 Non-IIM MBA Colleges in India 2025: Fees, Placements, Entrance Exams

    Malvika ChawlaUpdated on 20 Aug 2025, 03:32 PM IST

    Top 20 Non-IIM MBA Colleges in India - Indian Institutes of Management (IIMs) are known for dominating the MBA domain, however there are several top non-IIM MBA colleges in India which are giving tough competition with affordable fees, strong placement records and high ROI. Top non-IIM institutes like FMS, Delhi, MDI Gurgaon, TISS Mumbai, SPJIMR Mumbai, XLRI Jamshedpur offer entrance exams like XAT, GMAT, CAT, CUET PG and offer MBA starting at just Rs. 57,350 and can go up to Rs. 25 Lakhs. As per latest placement reports, top institutes like FMS Delhi have an average placement of Rs 34. 1 LPA with a very affordable fee. On the other hand, XLRI Jamshedpur offers an average package of Rs. 31.08 LPA, giving stiff competition to premier IIMs. Additionally, many of these top B-schools not only accept CAT scores but also offer admission through exams like XAT, NMAT, GMAT and SNAP, making them accessible to a larger pool of audience. Keep reading this article to find the complete list of top non-IIM MBA colleges in India, their fees structure and placements.

    This Story also Contains

    1. Top 20 Non-IIM MBA Colleges in India
    2. Top 10 Non IIMs Colleges Accepting CAT Score
    3. Why Choose Non-IIM MBA Colleges?
    4. Admission Process for Non-IIMs
    5. How to Choose the Right Non-IIM MBA College for You?
    Top 20 Non-IIM MBA Colleges in India 2025: Fees, Placements, Entrance Exams
    Top 20 Non-IIM MBA Colleges in India 2025

    Top 20 Non-IIM MBA Colleges in India

    There are many non-IIM MBA colleges such as FMS Delhi which offer Rs. 34.1 LPA with just Rs. 57,350 fees and SPJIMR Mumbai offering an average placement package of Rs. 32.10 LPA with a fee structure of Rs. 22.50 Lakhs. Find a complete list of non-IIM MBA colleges in India.

    Top Non-IIM MBA Colleges in India

    Accepted Entrance Exams

    Course Fees (Subject to Revision)

    Average Placement

    XLRI Jamshedpur

    XAT, GMAT, GRE, direct admission but involves a higher fee

    Rs. 15.3 LPA

    Rs. 31.08 LPA

    SPJIMR Mumbai

    CAT, XAT and GMAT

    Rs. 22.50 Lakhs

    Rs. 32. 10 LPA

    MDI Gurgaon

    CAT, XAT, GMAT, MAT, CMAT, and ATMA

    Rs. 16,70,700

    Rs. 25.6 LPA

    FMS Delhi

    CAT

    Rs. 57,350

    Rs. 34.1 LPA

    NMIMS Mumbai

    NMAT by GMAC exam

    Rs. 25 Lakhs

    Rs. 25.13 LPA

    JBIMS Mumbai

    MAH CET, CAT and CMAT

    Rs. 4,06,075

    Rs. 26.12 LPA

    TISS Mumbai

    CUET PG, CAT, TISSNET

    Rs. 1,85,000

    Rs. 28.20 LPA

    SIBM Pune

    SNAP

    Rs. 24,90,000

    Rs. 28.83 LPA

    IMT Ghaziabad

    CAT, XAT and GMAT

    Rs. 21,53,000

    Rs. 16.25 LPA

    XIMB Bhubaneswar

    XAT, GMAT, CAT and X-GMT

    Rs. 22 Lakhs

    Rs. 19.53 LPA

    Great Lakes Institute of Management, Chennai

    GMAT, XAT, NMAT and CAT

    Rs. 21,63,000

    Rs. 15.1 LPA

    IRMA Anand

    XAT, CMAT and CAT

    Rs. 16.75 Lakhs

    Rs. 14.14 LPA

    IIFT Delhi

    CAT

    Rs. 21.82 Lakhs with an additional refundable security

    Rs. 29.1 LPA

    ISB Hyderabad

    GMAT, GRE and CAT

    Around Rs. 32 Lakhs

    Rs. 32.5 LPA

    LIBA Chennai

    XAT and CAT

    Around Rs. 20 Lakhs

    Rs. 11.2 LPA

    Goa Institute of Management (GIM)

    XAT, GMAT, MAT, CMAT and CAT

    Rs. 20,40,000

    Rs. 14.81 LPA

    KJ Somaiya Mumbai

    XAT, XMAT, CAT, GMAT and NMAT

    Rs. 21,32,300

    Rs. 17.34 LPA

    TAPMI Manipal

    XAT, CAT, GMAT and NMAT by GMAC

    Rs, 9,00,000 LPA

    Rs. 13.84 LPA

    IFMR Graduate School of Business

    NMAT, CMAT, GMAT, GRE, XAT and CAT

    Rs. 15,00,000

    Rs. 13.04 LPA

    FORE School of Management, Delhi

    GMAT, XAT and CAT

    Rs. 20,77,000

    Rs. 16.01 LPA

    Top 10 Non IIMs Colleges Accepting CAT Score

    Here is the following list of top non-IIM accepting CAT score colleges.

    Top Non-IIM MBA Colleges in India

    Accepted Entrance Exam

    Course Fees (Subject to Revision)

    Average Placement

    FMS, Delhi

    CAT

    Rs. 57,350

    Rs. 34.1 LPA

    SP Jain Institute of Management and Research (SPJIMR), Mumbai

    CAT

    Rs. 22.50 Lakhs

    Rs. 32. 10 LPA

    MDI, Gurgaon

    CAT

    Rs. 16,70,700

    Rs. 25.6 LPA

    JBIMS, Mumbai

    CAT

    Rs. 4,06,075

    Rs. 26.12 LPA

    IMT Ghaziabad

    CAT

    Rs. 21,53,000

    Rs. 16.25 LPA

    XIM University (XIMB, Bhubaneswar)

    CAT

    Rs. 22 Lakhs

    Rs. 19.53 LPA

    Great Lakes Institute of Management, Chennai

    CAT

    Rs. 21,63,000

    Rs. 15.1 LPA

    FORE School of Management, Delhi

    CAT

    Rs. 20,77,000

    Rs. 16.01 LPA

    TAPMI, Manipal

    CAT

    Rs, 9,00,000 LPA

    Rs. 13.84 LPA

    IFMR Graduate School of Business

    CAT

    Rs. 15,00,000

    Rs. 13.04 LPA

    Why Choose Non-IIM MBA Colleges?

    Here’s a more detailed look at why one must choose a non-IIM MBA college.

    • Strong Placement Records: Many non-IIM institutions are known for impressive placement records and are rivals to leading IIMs, especially in top sectors and specialisations. Several non-IIMs have consistently achieved average CTC between Rs. 15-28 LPA as compared to leading IIMs.

    • Affordable Fee Structure: Non-IIMs offer MBA programs at a lower fees as compared to top IIMs. This leads to a better return on investment (ROI). For example, the fee structure of TISS Mumbai is around Rs. 1.5 Lakhs to 2 Lakhs and are known to have an extraordinary ROI.

    • Industry Connections: Non-IIMs such as JBIMS, NMIMS, SPJIMR, SIBM Pune have long-standing ties with MNCs, consulting firms and FMCG giants. Additionally, these institutions are also known for offering students with frequent guest lectures, live projects, summer internship and constant mentoring from leading industry experts.

    • Alternative Entrance Exams: Unlike IIMs which primarily accept CAT, non-IIMs give multiple entry routes. Some of these other entrance exams include XAT, NMAT, CMAT, SNAP, GMAT/GRE and among others. This gives aspirants more chances to secure a top MBA seat without depending solely on CAT.

    Admission Process for Non-IIMs

    The admission process for pursuing MBA degree in non-IIMs is broadly similar to that of IIMs but comes with certain unique aspects. Some reputed institutes accept national-level entrance exams such as XAT, NMAT, CMAT, MAT, GMAT and CAT or their own admission tests. Following this, all those candidates who meet the required cutoff will then be shortlisted for the next stages, which is Written Ability Test (WAT), Group Discussion (GD) or Personal Interview (PI).

    Once the candidate clears all these rounds, a final merit list is prepared based on entrance test scores, performance in GD/PI, past academic records and relevant work experience.

    How to Choose the Right Non-IIM MBA College for You?

    Selecting the right non-IIM MBA college is a critical decision which goes beyond rankings. Here are some of the key factors which one must consider:

    • Placements & ROI

    Amity University-Noida MBA Admissions 2026

    Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.

    ITM Business School MBA Admissions 2026

    400+ Company Visits | Highest CTC Offered: 21 LPA | Average CTC Offered: 8.65 LPA | 100% Placement Assurance

    Before choosing the college, you must check the college’s average and median placement packages, top recruiters and industry connections. You must compare this with the course fee to evaluate the ROI. For example: colleges like FMS Delhi, TISS and JBIMS offer world-class placements at a very low fees and high ROI.

    • Specialisation Offered

    CAT 2025 College Predictor
    Use CAT 2025 College Predictor to check your chances for IIM and top MBA calls based on CAT percentile, profile, work experience and cut-off trends.
    Use Now

    Not all B-schools are known to excel in every stream. For instance, TISS is best known for HRM, SPJIMR for Marketing & Operations. Therefore, you must choose a college that aligns with your career goals.

    • Accreditations & Rankings

    UPES MBA Admissions 2026

    Last Date to Apply: 29th April | Ranked #36 amongst institutions in Management by NIRF | 100% Placement

    BIMTECH PGDM Admissions 2026

    AACSB Accredited | Highest CTC: 22 LPA

    You must look for institutes accredited by AACSB, AMBA, EQUIS or those ranked high in NIRF and global rankings. This will ensure that your degree is recognised in India and abroad.

    • Alumni Network

    Lastly, choose a college/institute with a strong alumni network which will open doors to mentorship, referrals and global opportunities. Institutes like XLRI, SPJIMR and MDI are known to have powerful alumni networks.

    Frequently Asked Questions (FAQs)

    Q: Which non-IIMs accept CAT score?
    A:

    There are several non-IIMs which accept CAT scores for admission to MBA programs, these include FMS, Delhi, MDI, Gurgaon, JBIMS, Mumbai, TAPMI, Manipal, FORE School of Management, Delhi and several others.

    Q: Can I get into a Non-IIM MBA with XAT/NMAT?
    A:

    Yes, you can get into a non-IIM MBA program with XAT or NMAT scores. Some of the top tier non-IIM institutions such as XLRI Jamshedpur, SPJIMR Mumbai, IMT Ghaziabad, IMI Delhi and others do accept XAT scores.

    Q: Which Non-IIM is better than new IIMs?
    A:

    Top non-IIM institutions like FMS Delhi, SPJIMR Mumbai and XLRI Jamshedpur are often considered to be on par with or considered even better than some of the newer IIMs.

    Q: Which Non-IIM college has the best placements?
    A:

    Non-IIMs known for having the best placements are Symbiosis Institute of Business na

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