Top Private MBA Colleges as per NIRF Ranking 2024

Top Private MBA Colleges as per NIRF Ranking 2024

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Alen Tom ShajiUpdated on 24 Nov 2024, 06:20 PM IST

Top Private MBA Colleges as per NIRF Ranking 2024: The Ministry of Education, Government of India released the NIRF MBA ranking 2024 on August 12, 2024. National Institutional Ranking Framework (NIRF) rankings are released every year to rank all the private and public higher educational institutions in India. This year, XLRI Jamshedpur topped the NIRF private mba college ranking 2024 with a rank of 9 followed by MDI Gurgaon, SIBM Pune, SPJIMR, Mumbai, Amity University, MICA Ahmedabad, GLIM Chennai, NMIMS Mumbai, IMT Ghaziabad, GIM Goa, LPU and many more. The list of top private MBA colleges in India can be downloaded as a NIRF management ranking 2024 pdf from the official website - nirfindia.org. Read this article to know the top private NIRF ranked mba colleges based on its placements records and other achievements.

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Top Private MBA Colleges as per NIRF Ranking 2024
Top Private MBA colleges as per NIRF Ranking

Top Private MBA Colleges as per NIRF Ranking 2024: Highlights

  • XLRI Jamshedpur and MDI Gurgaon are the top private MBA colleges in India with NIRF rankings of 9 and 11.

  • The average salary package offered at the best MBA colleges in India is Rs. 20 LPA to Rs. 30 LPA.

  • The overall impact of these rankings highlights the competitiveness among the top private MBA colleges in India.

Read more: NIRF Ranking 2024 for MBA Colleges (OUT): Check NIRF MBA Ranking/Management Colleges

Top NIRF Ranked Private MBA Colleges 2024

Check out the list of top private MBA colleges in India as per NIRF ranking 2024. Candidates wishing to apply for MBA admission in any of the institutes can see their NIRF score and median salary package. Also, a comparison of the top private NIRF ranked mba colleges with the previous year is available in the table.

Best Private MBA Colleges as per NIRF Ranking 2024

College Name

NIRF Score

NIRF 2024

Rank 2023

Median Salary 2022-23 (in Rs.)

XLRI-Xavier School of Management, Jamshedpur

68.13

9

9

3024000

Management Development Institute, Gurgaon

66.85

11

13

2613000

Symbiosis Institute of Business Management, Pune

65.13

13

17

2400000

SPJIMR, Mumbai

60.96

20

20

3200000

Narsee Monjee Institute of Management Studies, Mumbai

60.96

21

21

2135000

Amrita Vishwa Vidyapeetham, Coimbatore

57.41

28

30

810500

Amity University, Noida

57.23

29

23

600000

MICA, Ahmedabad

56.63

32

37

1900000

Great Lakes Institute of Management, Chennai

56.14

34

31

1450000

Institute of Management Technology, Ghaziabad

56.02

35

38

1600000

Chandigarh University

55.71

36

36

800000

Goa Institute of Management, Goa

55.68

37

33

1500000

Lovely Professional University, Phagwara

55.49

38

32

850000

ICFAI Foundation for Higher Education, Hyderabad

55.31

39

40

1000000

International Management Institute, Delhi

54.88

40

34

1633000

UPES, Dehradun

54.81

41

39

800000

XIM University, Bhubaneswar

54.49

43

46

1925000

Thapar Institute of Engineering and Technology, Patiala

53.27

44

49

656250

Jaipuria Institute of Management, Noida

53.22

45

47

875000

Institute of Rural Management, Anand

51.54

49

54

1500000

Great Lakes Institute of Management, Gurgaon

51.35

52

62

1000000

FORE School of Management, Delhi

51.09

53

63

1410000

Chitkara University, Patiala

51.03

54

64

900000

Nirma University, Ahmedabad

51.00

55

61

1100000

International Management Institute, Kolkata

50.97

56

70

1050000

T A Pai Management Institute, Manipal

50.78

58

42

1350000

Graphic Era University, Dehradun

50.59

59

65

606000

Christ University, Bangalore

50.56

60

60

912000

International Management Institute, Bhubaneswar

50.37

61

67

1200000

Siksha 'O' Anusandhan, Bhubaneswar

49.69

62

57

480000

K J Somaiya Institute of Management, Mumbai

49.66

63

45

1100000

Birla Institute of Management Technology, Greater Noida

49.43

64

48

1100000

Loyola Institute of Business Administration, Chennai

49.25

66


1000000

Kalinga Institute of Industrial Technology, Bhubaneswar

49.23

67

59

700000

Alliance University, Bangalore

48.38

71

87

920000

Jaipuria Institute of Management, Lucknow

48.32

72

92

864000

Manipal University, Jaipur

48.10

73

79

725102

Saveetha Institute of Medical and Technical Sciences, Chennai

47.93

74

71

550000

Jaipuria Institute of Management, Jaipur

47.56

75

80

829000

Jain Deemed to be University, Bangalore

47.47

77

85

848000

Jamia Hamdard, New Delhi

47.40

78

96

552000

Koneru Lakshmaiah Education Foundation, Guntur

47.29

79

52

740000

PSG College of Technology, Coimbatore

47.13

80

89

850000

Thiagarajar School of Management, Thirupparankundram

47.01

82

90

600000

BML Munjal University, Gurgaon

46.67

83

72

785000

Prin LN Welingkar Institute of Management Development and Research, Mumbai

46.53

84

73

1178000

Jagan Institute of Management Studies, Rohini, Delhi

46.39

87

88

830000

New Delhi Institute of Management, Delhi

46.29

88

99

860000

Pandit Deendayal Energy University, Gandhinagar

45.40

89

94

829053

Birla Institute of Technology, Mesra

45.01

90

77

800000

National Institute of Bank Management, Pune

44.85

91

76

1500000

Rajagiri Business School, Kochi

44.33

93

83

450000

Institute of Management Technology, Hyderabad

43.01

97

84

1100000

Galgotias University, Greater Noida

42.89

98

91

525000

KREA University, Sri City

42.82

99

74

1020000

Top Private MBA Colleges in India 2024 NIRF Ranking Criteria

Best MBA colleges NIRF 2024 is chosen based on parameters like infrastructure, quality of teaching, quality of education, placements records, graduation rates, publications, patents and other facilities. The ranking of the best MBA colleges in India can vary from year to year based on their performance in these NIRF 2024 ranking parameters. Ministry of Education, Govt of India assign NIRF ranks to all public and best private NIRF ranked management colleges. Getting MBA admission to any of the top private MBA colleges in India NIRF 2024 will be a great opportunity for every MBA aspirant to enhance their managerial skills and gateway to a bright future.

How to Get Into Top Private MBA Colleges in India as per NIRF 2024

To get MBA admission 2025 at one of the best bschools in India is one of the dreams of every MBA aspirant. Candidates who wish to do an MBA from top private NIRF ranked mba colleges must meet the MBA eligibility requirements to apply for the MBA/PGP/PGDM admissions. Applicants who passed a bachelor’s degree from an approved university with a minimum aggregate of 50% marks can apply for MBA admission at top private MBA colleges along with a valid MBA entrance exam score.

Follow the steps to get MBA admission at Top Private MBA Colleges in India:

Step 1: Visit the official website of the respective best private NIRF ranked management colleges mentioned in the NIRF report 2024.

Step 2: Eligible candidates can fill out the admission form.

Step 3: Apply and appear for the MBA entrance exams like CAT/CMAT/XAT/SNAP/NMAT/MAT/IBSAT/MAH MBA CET/TS ICET/AP CIET/KMAT based on the institute you are applying to.

Step 4: Candidates who meet the cutoff marks in any of the MBA entrance tests will be called for further rounds of the MBA admission process like written test, GD or PI based on the selection criteria of the MBA college.

Step 5: Finally, the selected candidates will receive the offer letter and the MBA seat will be confirmed only after the payment of MBA fees.

Also See: MBA Eligibility Criteria - Admission Criteria, Minimum Qualification, Age Limit, Entrance Exams

Top Private MBA Colleges in India 2024: Placement Trends

The top private NIRF ranked management colleges like XLRI, MDI Gurgaon, SIBM Pune, SPJIMR, Mumbai and NMIMS Mumbai made 100% placement records in the MBA placements recently. These institutions have connections with all the top companies from various sectors to ensure placement opportunities for the graduates. The reputation of the top private MBA colleges made drastic changes in the average salary package received for their MBA graduates compared to the previous year. Many students are recruited for strategic roles in various sectors like consulting, finance, e-commerce, IT and FMCG. The majority of the top private MBA colleges in India as per NIRF 2024 have made 90 to 100 per cent of placement records during the summer and final MBA placements.

Check out:

Great Lakes - PGDM & PGPM Admissions 2026

Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025

SPJIMR Mumbai PGDM Admissions 2026

Ranked No. 3 Business School in India and no.35 in world by Financial Times MiM 2025 Ranking | Highest CTC: INR 89 LPA

Top Private MBA Colleges in India 2024: Top Recruiters

The strong industry connections and adaptability to changing marketing demands ensure these top private NIRF ranked management colleges are attractive to both students and companies. The top companies hired graduates from the best MBA colleges NIRF 2024 comprises multinational and startup companies from various sectors.

Accenture

Axis BANK

HSBC

KPMG

IBM

Deloitte

PWC

EY

Google

ANZ

Infosys

American Express

JP Morgan

WNS

Tech Mahindra

Frequently Asked Questions (FAQs)

Q: Which is the rank 1 private MBA college?
A:

As per the NIRF management ranking 2024, Xavier School of Management, Jamshedpur is ranked 1st position and secured 9th in the overall ranking among all the MBA colleges with an NIRF score of 63.

Q: Which are the top private MBA colleges in India as per NIRF 2024?
A:

According to the NIRF report 2024, the best private NIRF ranked management colleges are XLRI, MDI Gurgaon, SIBM Pune, SPJIMR, Mumbai and NMIMS Mumbai.

Q: What are the placement records of top private NIRF ranked management colleges?
A:

The average MBA salary packages offered at top private MBA colleges in India range from Rs. 15 LPA to Rs. 30 LPA. The MBA aspirants get hired in domains like consulting, finance, general management and many others with decent salary packages.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Hello,

To get admitted to the Institute of Management Studies (IMS), BHU, for an MBA in 2026, you must clear the CAT entrance exam. For that you need to fill out the application form of the CAT in August 2026, which you can get on the Official CAT website

I hope it will clear your query!!

Hello

You can get all the papers on the Careers360 website. To access the paper and download it for practice, just visit here:

https://design.careers360.com/articles/nift-cat-2024-question-paper-with-solutions

Hope it will help you!!

Hello dear candidate,

Yes, you have a very good chance of getting a BPT seat with 488 out of 600 and TS EAMCET rank of 14,000 under the ST category.

As the cut off of BPT for ST category students are generally between 25,000 to 45,000 ranks, depending upon the college and you have TS EAMCET rank of 14,000.

Thank you.

If you got 802 marks in Telangana Intermediate and belong to the ST category, you have a fair chance to get admission in a BPT course in 2025, but it depends on the college and cut-off. Most BPT colleges in Telangana ask for 12th marks in Physics, Chemistry, and Biology, and some also use the TS EAMCET rank for admission. The cut-off for ST students is usually lower than for general students, but it changes every year. It is better to check the previous year’s cut-offs of the colleges you want to apply to.

Hello, Getting shortlisted for IIM Lucknow or IIT Bombay (SJMSOM) with your profile is challenging, primarily due to your 58% in Class 10th, which significantly impacts the composite score calculation for both institutes. While your 98 percentile CAT score is excellent, and your 24 months of work experience, B.Com (Hons) background (providing academic diversity, especially for IIM-L), and KVS National player status are valuable additions, top IIMs and IITs heavily weigh consistent academic performance. Your 74% in 12th is also on the lower side. IIM Lucknow places substantial weight on 10th and 12th marks, making a call quite difficult despite your strengths. You likely have a relatively better, though still uncertain, chance at IIT Bombay, as their weighting might be slightly less penalizing for past academics compared to IIM-L, and your high CAT score is a major factor. However, the low 10th score remains a significant hurdle for both prestigious institutions.

I hope you found this information helpful and for study related queries you can ask in careers360 app, Have a great day and!