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Best MBA Colleges in India
MBA Colleges in India - Master of Business Administration (MBA) is one of the most popular management courses pursued by graduate students in India. MBA courses in India are offered in a variety of specialisations at more than 5,000 MBA colleges (government and private). Amongst the many B-schools in India, a few institutes have been rated and ranked in the top MBA colleges in India on the basis of the quality of education they offer and other factors like faculty, placements, facilities and more. Candidates may find the list of top MBA colleges in India in the article below. Various other aspects related to the best MBA colleges in India like NIRF ranking, fee structure, course specialisations and placement data are also provided below for better understanding and reference.
Top MBA Colleges in India - Highlights
No. of MBA Colleges in India | 5065 (MBA +PGDM) |
Type of MBA Colleges | Public/Government and Private Colleges Private- 4170 Colleges Public/Government- 618 Colleges |
MBA Colleges Approved by | UGC (University Grants Commission) |
MBA Admission Process | Through entrance exams like CAT, XAT, GMAT, SNAP, NMAT, CMAT |
Top Courses offered by MBA Colleges in India | MBA, Executive MBA, MBA in HR, MBA in Marketing MGMT, MBA in Finance & Accounting, MBA in Digital Marketing Management, to name a few |
Average Fees | Rs 1 lakh to Rs 30 lakhs |
Best MBA Colleges in India - Eligibility Criteria
In order to pursue a Master of Business Administration course from any of the best MBA colleges in India, candidates need to comply with certain academic requirements. Given below are the MBA eligibility criteria for admission to the top MBA colleges in India:
- Candidates should have passed a graduate degree under the 10+2+3 or 10+2+4 pattern in any discipline from a recognised university. They should have secured at least 50% marks in aggregate in the qualifying degree.
- Candidates with an honors degree under 10+2+4 pattern from a recognised university under UGC Act with at least 50% marks in aggregate.
- Candidates who have passed a Bachelor/Master's degree through correspondence / Open University System from this university or from any other university recognised by law are also eligible.
- Candidates in their final year of graduation are also eligible to apply provided they fulfil any of the above criteria during admissions.
Top MBA Colleges in India (Based on NIRF Ranking)
Conducted by the Ministry of Education, Government of India, the National Institute Ranking Framework uses various factors like courses offered at the institute, placements, teacher-student ratio, and others to rank the institutes. Given below is the NIRF ranking for the top 20 MBA colleges in India.
NIRF 2023 ranking list of MBA colleges in India
| Rank | Name | Score |
| 1 | IIM Ahmedabad | 83.20 |
| 2 | IIM Bangalore | 80.89 |
| 3 | IIM Kozhikode | 76.48 |
| 4 | IIM IIM Calcutta | 75.53 |
| 5 | IIT Delhi | 74.14 |
| 6 | IIM Lucknow | 74.11 |
| 7 | IIM Mumbai (NITIE) | 71.99 |
| 8 | IIM Indore | 71.95 |
| 9 | XLRI Jamshedpur | 70.75 |
| 10 | IIT Bombay | 68.11 |
| 11 | IIM Raipur | 66.18 |
| 12 | IIM Rohtak | 65.88 |
| 13 | MDI Gurgaon | 64.88 |
| 14 | IIT Kharagpur | 63.92 |
| 15 | IIT Madras | 62.83 |
| 16 | IIM Udaipur | 62.78 |
| 17 | SIBM, Pune | 62.74 |
| 18 | IIT Roorkee | 62.14 |
| 19 | IIM Kashipur | 61.07 |
| 20 | SPJIMR | 60.91 |
Top MBA Colleges in India (Based on Careers360 Ranking)
Every year, Careers360 ranks many management schools on various factors. The table below contains the list of the top 20 MBA colleges in India and their corresponding ranking by Careers360.
Careers360 ranking for Best MBA colleges in India
| Name of MBA college | Careers360 Rank |
Indian Institute of Management Ahmedabad | Rank 1 in Public/Government |
Indian Institute of Management Bangalore | Rank 2 in Public/Government |
Indian Institute of Management Calcutta | Rank 3 in Public/Government |
| Rank 4 in Public/Government | |
Indian Institute of Management Indore | Rank 5 in Public/Government |
Indian Institute of Management Kozhikode | Rank 6 in Public/Government |
Xavier School of Management Jamshedpur | Rank 1 in Private |
Indian Institute of Management Lucknow | Rank 7 in Public/Government |
| Rank 8 in Public/Government | |
Management Development Institute, Gurgaon | Rank 2 in Private |
National Institute of Industrial Engineering, Mumbai | Rank 9 in Public/Government |
| Rank 10 in Public/Government | |
| Rank 11 in Public/Government | |
Indian Institute of Management Tiruchirappalli | Rank 12 in Public/Government |
Indian Institute of Management Raipur | Rank 13 in Public/Government |
Indian Institute of Management Udaipur | Rank 14 in Public/Government |
Indian Institute of Management Rohtak | Rank 15 in Public/Government |
SPJIMR, Mumbai | Rank 3 in Private |
Indian Institute of Technology Roorkee | Rank 16 in Public/Government |
| Rank 17 in Public/Government |
Admission Process for MBA Colleges in India
MBA admissions in India ask for certain criteria to be fulfilled in terms of academics, nationality, age and more. In addition, if the MBA selection process is on the basis of MBA entrance exam scores and GD and PI, candidates will need to qualify for all the stages to avail of admissions. Most MBA colleges in India accept scores of national-level entrance examinations like CAT, XAT, SNAP, MAT, NMAT, and ATMA, to name a few. Candidates must make a list before applying for admission to MBA colleges in India as the process may vary from institute to institute.
Top MBA Colleges in India (Placement-wise)
Placement is one factor that students look at before why the majority of candidates pursue MBA courses in India. Thus, knowing the placement records for MBA colleges in India is a must before applying for MBA admissions. Candidates may find the placements for the best MBA colleges in India in the table below.
Placement Report for the top MBA Colleges in India
Name of the Institutes | Course | Placement Data |
MBA | Median Salary - Rs 28 lakh | |
MBA | Median Salary - 25 Lakhs | |
FMS BHU - Institute of Management Studies Banaras Hindu University | MBA | Rs 7.2 lakh |
UBS Chandigarh - University Business School Panjab University | MBA | Rs 12 lakh |
Executive MBA Part Time | 54% Median Salary - Rs 5.3 lakh | |
School of Business, University of Petroleum and Energy Studies, Dehradun | MBA | Median Salary - Rs 5 lakh |
MBA | Median Salary - Rs 10 Lakhs |
Top MBA Colleges in India (Fees-wise)
Due to financial restraints, the majority of candidates willing to pursue an MBA in India first wish to know the fee payable for such a course. Thus, the table below contains various MBA courses offered by the top MBA colleges in India and their corresponding fees.
Course Fee at Best MBA Colleges in India
Name of the Institute | Course | Fees |
FMS Delhi - Faculty of Management Studies University of Delhi | Rs 1 lakh | |
Rs 1 lakh | ||
Rs 20,960 | ||
IIM Bangalore - Indian Institute of Management | Rs 23 lakh | |
Rs 23 lakh | ||
Rs 25.80 lakh | ||
Rs 18.5 lakh | ||
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University | RS 1.32 lakh | |
Rs 1.29 lakh | ||
IIM Ahmedabad - Indian Institute of Management | Rs 28 lakh | |
Rs 23 lakh | ||
Rs 22.50 lakh | ||
FMS BHU - Institute of Management Studies Banaras Hindu University | Rs 98,910 | |
Rs 98,910 | ||
Rs 61,530 | ||
MSU Baroda - Maharaja Sayajirao University of Baroda | Rs 37,200 | |
Rs 29,000 | ||
Rs 1.78 lakh | ||
Rs 1.81 lakh | ||
UBS Chandigarh - University Business School Panjab University | Rs 38.42 lakh | |
Rs 38.42 lakh | ||
Rs 38.42 lakh | ||
Rs 1.93 lakh | ||
Rs 2.05 lakh | ||
UPES School of Business, Dehradun | Rs 14.20 lakh | |
Rs 14.20 lakh | ||
Christ University | Rs 7.75 lakh | |
Rs 3.58 lakh | ||
Rs 7.60 lakh | ||
Rs 7.88 lakh | ||
Rs 4.25 lakh | ||
Rs 3.42 lakh |
Top Private MBA Colleges in India
Private institutes have their own perks which attract a lot of candidates. There are a total of 6738 MBA colleges in India under private ownership. Private MBA colleges in India offer a variety of specialisations and other additional aspects like field exposure and others.
Top Private MBA Colleges in India
S. No. | Name of the Institute |
1 | School of Business, University of Petroleum and Energy Studies, Dehradun |
2 | XLRI Jamshedpur - XLRI-Xavier School of Management |
3 | SPJIMR, Mumbai |
4 | |
5 | |
6 | School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai |
7 | SCMHRD Pune - Symbiosis Centre for Management and Human Resource Development |
8 | |
9 | |
10 |
List of Government MBA Colleges in India
Most of the candidates wish to pursue MBA from top MBA colleges in India run by the government. Some of the institutes from the List of government MBA colleges in India have been provided below for candidates to opt from accordingly as per their preference.
S. No | Name of the Institute |
1 | FMS Delhi - Faculty of Management Studies University of Delhi |
2 | JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies |
3 | IIM Bangalore - Indian Institute of Management |
4 | PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University |
5 | IIM Ahmedabad - Indian Institute of Management |
6 | FMS BHU - Institute of Management Studies Banaras Hindu University |
7 | |
8 | UBS Chandigarh - University Business School Panjab University |
9 | |
10 |
Top MBA Colleges in India - Entrance Exams
As already mentioned, various entrance exams are conducted at national as well as state/ institute levels for MBA admissions in India. The table below are certain MBA entrance examinations conducted for admission to MBA colleges in India.
MBA Entrance Exams in India
Name of the MBA Exam | Description |
Common Admission Test is a national-level entrance exam conducted by the Indian Institutes of Management in online mode for admissions to MBA/PGDM courses. | |
Graduate Management Admission Council (GMAC) conducts another national-level exam called the NMAT entrance exam for admissions to MBA courses | |
Xavier Labour Relations Institute (XLRI) Jamshedpur conducts Xavier Aptitude Test as a national-level exam for MBA admissions to B-Schools. | |
All India Management Association (AIMA) conducts Management Aptitude Test for B-School admissions. | |
Graduate Management Admission Council conducts Graduate Management Admission Test (GMAT) for admissions to MBA and PGDM courses. |
Top MBA Colleges in India - Branch-wise
The table below depicts MBA courses offered by various MBA colleges in India along with their specific specialisations. This helps candidates choose the right MBA specialisation based on their interests.
MBA Specialisations offered by MBA Colleges in India
Name of the Institute | Course |
FMS Delhi - Faculty of Management Studies University of Delhi | Executive MBA |
Executive MBA Healthcare Administration | |
MBA | |
MBA | |
MBA Business Analytics | |
MBA One Year | |
MBA Weekend | |
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University | MBA Pharma Biotechnology |
MBA | |
Executive MBA | |
MBA | |
MBA Food and Agribusiness Management | |
FMS BHU - Institute of Management Studies Banaras Hindu University | MBA |
MBA International Business | |
MBA Agribusiness | |
MBA at Faculty of Management Studies | |
MBA | |
MBA Evening | |
MBA Part Time | |
UBS Chandigarh - University Business School Panjab University | MBA |
MBA Human Resource | |
MBA International Business | |
Executive MBA | |
MBA Entrepreneurship | |
MBA Operations Management | |
MBA Business Analytics Energy Analytics | |
MBA | |
Executive MBA | |
MBA Finance Management | |
MBA International Business | |
MBA Leadership and Management | |
MBA Tourism Management |
Frequently Asked Questions (FAQs)
Q: Which college is best for MBA in India?
A: Based on NIRF 2021 ranking, IIM Ahmedabad is the best MBA college in India. NIRF is a national-level ranking system and hence is the most reliable aspect to decide the quality of education and course at any institute.
Q: How many MBA colleges are there in India?
A: According to the list of MBA colleges in India, there are total 8110 MBA colleges in India that offer MBA courses all around the country.
Q: Which is the most affordable MBA college?
A: MBA is one of the most expensive courses for higher studies. However, the government MBA colleges in India are comparatively affordable.
Q: Can I get admission to an MBA college without CAT?
A: Yes, there are various MBA colleges that offer admission to MBA courses in India either on merit or on the basis of scores obtained in other entrance exams as well apart from CAT.
Q: Which college in India has the best MBA placements?
A: Based on the current placement data, IIM Bangalore students get a higher placement package as compared to the others.
Q: What are some popular MBA specialisations in India?
A: Some of the most popular MBA specialisations are Executive MBA, MBA in HR, MBA Business Analytics, and many others.
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