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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 

RankNameScore
1IIM Ahmedabad83.20
2IIM Bangalore80.89
3IIM Kozhikode76.48
4IIM IIM Calcutta75.53
5IIT Delhi74.14
6IIM Lucknow74.11
7IIM Mumbai (NITIE)71.99
8IIM Indore  71.95
9XLRI Jamshedpur   70.75
10IIT Bombay68.11
11 IIM Raipur66.18
12 IIM Rohtak65.88
13 MDI Gurgaon64.88
14 IIT Kharagpur63.92
15 IIT Madras 62.83
16IIM Udaipur62.78
17 SIBM, Pune62.74
18 IIT Roorkee62.14
19 IIM Kashipur61.07
20SPJIMR   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 collegeCareers360 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

FMS, University of Delhi

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

Department of Management Studies IIT Delhi

Rank 8 in Public/Government

Management Development Institute, Gurgaon

Rank 2 in Private 

National Institute of Industrial Engineering, Mumbai

Rank 9 in Public/Government

SJMSOM, IIT Bombay

Rank 10 in Public/Government

VGSOM,  IIT Kharagpur 

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

Indian Institute of Management Ranchi

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

IIM Bangalore

MBA

Median Salary - Rs 28 lakh

IIM Ahmedabad - Indian Institute of Management

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

JMI New Delhi - Jamia Millia Islamia

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

Christ University, Bangalore

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

Executive MBA

Rs 1 lakh

Executive MBA Healthcare Administration

Rs 1 lakh

MBA

Rs 20,960

IIM Bangalore - Indian Institute of Management

MBA

Rs 23 lakh

MBA Business Analytics

Rs 23 lakh

MBA One Year

Rs 25.80 lakh

MBA Weekend

Rs 18.5 lakh

PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

MBA Pharma Biotechnology

RS 1.32 lakh

MBA

Rs 1.29 lakh

IIM Ahmedabad - Indian Institute of Management

Executive MBA

Rs 28 lakh

MBA

Rs 23 lakh

MBA Food and Agribusiness Management

Rs 22.50 lakh

FMS BHU - Institute of Management Studies Banaras Hindu University

MBA

Rs 98,910

MBA International Business

Rs 98,910

MBA Agribusiness

Rs 61,530

MSU Baroda - Maharaja Sayajirao University of Baroda

MBA at Faculty of Management Studies

Rs 37,200

MBA

Rs 29,000

MBA Evening

Rs 1.78 lakh

MBA Part Time

Rs 1.81 lakh

UBS Chandigarh - University Business School Panjab University

MBA

Rs 38.42 lakh

MBA Human Resource

Rs 38.42 lakh

MBA International Business

Rs 38.42 lakh

Executive MBA

Rs 1.93 lakh

MBA Entrepreneurship

Rs 2.05 lakh

UPES School of Business, Dehradun

MBA Operations Management

Rs 14.20 lakh

MBA Business Analytics Energy Analytics

Rs 14.20 lakh

Christ University

MBA

Rs 7.75 lakh

Executive MBA

Rs 3.58 lakh

MBA Finance Management

Rs 7.60 lakh

MBA International Business

Rs 7.88 lakh

MBA Leadership and Management


Rs 4.25 lakh

MBA Tourism Management

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

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.

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

CAT

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.

NMAT by GMAC

Graduate Management Admission Council (GMAC) conducts another national-level exam called the NMAT entrance exam for admissions to MBA courses

XAT

Xavier Labour Relations Institute (XLRI)  Jamshedpur conducts Xavier Aptitude Test as a national-level exam for MBA admissions to B-Schools.

MAT

All India Management Association (AIMA) conducts Management Aptitude Test for B-School admissions.

GMAT

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

IIM Bangalore - Indian Institute of Management

MBA

MBA Business Analytics

MBA One Year

MBA Weekend

PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University

MBA Pharma Biotechnology

Executive MBA

MBA

IIM Ahmedabad - Indian Institute of Management

Executive MBA

MBA

MBA Food and Agribusiness Management

FMS BHU - Institute of Management Studies Banaras Hindu University

MBA

MBA International Business

MBA Agribusiness

MSU Baroda - Maharaja Sayajirao University of Baroda

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

UPES School of Business, Dehradun

MBA Finance Management

MBA Human Resource

MBA Logistics and Supply Chain Management

MBA Marketing Management

MBA Operations Management

MBA Aviation Management Airline Service Operations

MBA Aviation Management Aviation Enterprise Management

MBA Business Analytics Data Mining

MBA Business Analytics Energy Analytics

Christ University

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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    Aadhavan College of Arts and Science, Alathur

    Tiruchirappalli, Tamil Nadu
    Private

    Aadhavan College of Arts and Science, Alathur

    Tiruchirappalli, Tamil Nadu Private
    BBA
    • Fees : 36 K
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    Aadya Aviation College, Bengaluru

    Bangalore, Karnataka
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    BBA Aviation Management
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      Top Institutes Accepting Applications

      Aakar Institute of Management and Research Studies, Nagpur

      Nagpur, Maharashtra
      Private
      BBA
        100+ Brochures downloaded so far
        100+ Brochures downloaded so far

        AAR and BMR Degree College, Vijayawada

        Vijayawada, Andhra Pradesh
        Private

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        Vijayawada, Andhra Pradesh Private
        BBM
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          Aarushi Group of Institutions, Warangal

          Warangal, Telangana
          Private

          Aarushi Group of Institutions, Warangal

          Warangal, Telangana Private
          MBA
          • Fees : 54 K
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          Aashlar Business School, Mathura

          Mathura, Uttar Pradesh
          Private

          Aashlar Business School, Mathura

          Mathura, Uttar Pradesh Private
          MBA
          100+ Brochures downloaded so far
          100+ Brochures downloaded so far

          Aastha Educational Institute, Modinagar

          Modinagar, Uttar Pradesh
          Private

          Aastha Educational Institute, Modinagar

          Modinagar, Uttar Pradesh Private
          BBA
            100+ Brochures downloaded so far
            100+ Brochures downloaded so far

            Aastha Nursing and Paramedical College, Kanpur Nagar

            Kanpur Nagar, Uttar Pradesh
            Private

            Aastha Nursing and Paramedical College, Kanpur Nagar

            Kanpur Nagar, Uttar Pradesh Private
            Diploma in Emergency Trauma Care Treatment
              100+ Brochures downloaded so far
              100+ Brochures downloaded so far

              Abacus Institute of Engineering and Management, Hooghly

              Hooghly, West Bengal
              Private
              BBA
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                Abasaheb Garware Institute of Management Studies, Sangli

                Sangli, Maharashtra
                1.4/51 Reviews
                Private
                MBA
                100+ Brochures downloaded so far
                100+ Brochures downloaded so far

                Abasaheb Parvekar Mahavidyalaya, Yavatmal

                Yavatmal, Maharashtra
                Private

                Abasaheb Parvekar Mahavidyalaya, Yavatmal

                Yavatmal, Maharashtra Private
                B.Voc Banking and Financial Services
                  100+ Brochures downloaded so far
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                  Abbas Khan College for Women, Bengaluru

                  Bangalore, Karnataka
                  Private

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                  Bangalore, Karnataka Private
                  BBA
                    100+ Brochures downloaded so far
                    100+ Brochures downloaded so far

                    Abbnoor Institute of Information Technology, Faridkot

                    Faridkot, Punjab
                    Private
                    BBA
                      100+ Brochures downloaded so far
                      100+ Brochures downloaded so far

                      Abdul Ahad Azad Memorial College, Bemina

                      Srinagar, Jammu and Kashmir
                      4.5/52 Reviews
                      Public/Govt

                      Abdul Ahad Azad Memorial College, Bemina

                      Srinagar, Jammu and Kashmir Public/Govt 4.5/52 Reviews
                      MBA Integrated
                        100+ Brochures downloaded so far
                        100+ Brochures downloaded so far

                        Abdulkalam Institute of Technological Sciences, Khammam

                        Bhadradri Kothagudem, Telangana
                        3.4/51 Reviews
                        Private

                        Abdulkalam Institute of Technological Sciences, Khammam

                        Bhadradri Kothagudem, Telangana Private 3.4/51 Reviews
                        MBA
                        100+ Brochures downloaded so far
                        100+ Brochures downloaded so far

                        ABES Business School, Ghaziabad

                        Ghaziabad, Uttar Pradesh
                        Private

                        ABES Business School, Ghaziabad

                        Ghaziabad, Uttar Pradesh Private 4.3/545 Reviews
                        MBA
                        • Exams : UPCET
                        • Fees : 2.73 Lakhs
                        100+ Brochures downloaded so far
                        100+ Brochures downloaded so far

                        ABESIT Ghaziabad - ABES Institute of Technology, Ghaziabad

                        Ghaziabad, Uttar Pradesh
                        Private
                        BBA
                          100+ Brochures downloaded so far
                          100+ Brochures downloaded so far

                          Abhay Memorial Trust Group of Institutions, Allahabad

                          Allahabad, Uttar Pradesh
                          Private
                          MBA
                            100+ Brochures downloaded so far
                            100+ Brochures downloaded so far

                            Abhilasha College of Management, Bhopal

                            Bhopal, Madhya Pradesh
                            Private

                            Abhilasha College of Management, Bhopal

                            Bhopal, Madhya Pradesh Private
                            MBA
                              100+ Brochures downloaded so far
                              100+ Brochures downloaded so far

                              Abhilashi Institute of Management Studies, Mandi

                              Ner Chowk, Himachal Pradesh
                              Private

                              Abhilashi Institute of Management Studies, Mandi

                              Ner Chowk, Himachal Pradesh Private
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                                100+ Brochures downloaded so far
                                100+ Brochures downloaded so far

                                Filter by Ownership

                                Abhilashi University, Mandi

                                Chail-Chowk, Himachal Pradesh
                                4.0/51 Reviews
                                Private

                                Abhilashi University, Mandi

                                Chail-Chowk, Himachal Pradesh Private 4.0/51 Reviews
                                MBA
                                100+ Brochures downloaded so far
                                100+ Brochures downloaded so far

                                Abhinav Hi-Tech College of Engineering, Hyderabad

                                Hyderabad, Telangana
                                3.5/52 Reviews
                                Private
                                MBA
                                  100+ Brochures downloaded so far
                                  100+ Brochures downloaded so far

                                  Abhinav Institute of Management and Technology, Singarayakonda

                                  Singarayakonda, Andhra Pradesh
                                  Private
                                  MBA
                                  100+ Brochures downloaded so far
                                  100+ Brochures downloaded so far

                                  Abhinav Seva Sansthan Mahavidyalaya, Kanpur

                                  Kanpur, Uttar Pradesh
                                  Private

                                  Abhinav Seva Sansthan Mahavidyalaya, Kanpur

                                  Kanpur, Uttar Pradesh Private
                                  BBA
                                    100+ Brochures downloaded so far
                                    100+ Brochures downloaded so far

                                    Abhyuday University, Khargone

                                    Khargone, Madhya Pradesh
                                    Private

                                    Abhyuday University, Khargone

                                    Khargone, Madhya Pradesh Private
                                    BBA
                                    • Fees : 1.50 Lakhs
                                    100+ Brochures downloaded so far
                                    100+ Brochures downloaded so far

                                    ABI and ABI College Arts, Science and Technology, Thanjavur

                                    100+ Brochures downloaded so far
                                    100+ Brochures downloaded so far

                                    ABIT JRD Tata Institute of Management, Cuttack

                                    Cuttack, Odisha
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                                      100+ Brochures downloaded so far

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                                      Prakasam, Andhra Pradesh
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                                      100+ Brochures downloaded so far

                                      ABS Academy of Science Technology and Management, Durgapur

                                      Durgapur, West Bengal
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                                      Private
                                      MBA
                                        100+ Brochures downloaded so far
                                        100+ Brochures downloaded so far

                                        ABSS Institute of Technology, Meerut

                                        Meerut, Uttar Pradesh
                                        0.5/51 Reviews
                                        Private

                                        ABSS Institute of Technology, Meerut

                                        Meerut, Uttar Pradesh Private 0.5/51 Reviews
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                                        100+ Brochures downloaded so far
                                        100+ Brochures downloaded so far

                                        Academy of Applied Art, Delhi

                                        New Delhi, Delhi
                                        Private

                                        Academy of Applied Art, Delhi

                                        New Delhi, Delhi Private
                                        PGP Interior Design
                                          100+ Brochures downloaded so far
                                          100+ Brochures downloaded so far

                                          Academy of Management and Information Technology, Khurda

                                          Khurda, Odisha
                                          Private
                                          BBA
                                            100+ Brochures downloaded so far
                                            100+ Brochures downloaded so far

                                            Academy of Management, Bhopal

                                            Bhopal, Madhya Pradesh
                                            Private

                                            Academy of Management, Bhopal

                                            Bhopal, Madhya Pradesh Private
                                            MBA
                                              100+ Brochures downloaded so far
                                              100+ Brochures downloaded so far

                                              Academy of Management Studies, Dehradun

                                              Dehradun, Uttarakhand
                                              Private

                                              Academy of Management Studies, Dehradun

                                              Dehradun, Uttarakhand Private
                                              BBA
                                                100+ Brochures downloaded so far
                                                100+ Brochures downloaded so far

                                                Academy of Management Studies, Hyderabad

                                                Hyderabad, Telangana
                                                5.0/51 Reviews
                                                Private

                                                Academy of Management Studies, Hyderabad

                                                Hyderabad, Telangana Private 5.0/51 Reviews
                                                MBA
                                                100+ Brochures downloaded so far
                                                100+ Brochures downloaded so far

                                                AMET University Kanathur - Academy of Maritime Education and Training, Kanathur

                                                Kanathur Reddikuppam, Tamil Nadu
                                                3.6/57 Reviews
                                                Private

                                                AMET University Kanathur - Academy of Maritime Education and Training, Kanathur

                                                Kanathur Reddikuppam, Tamil Nadu Private 3.6/57 Reviews
                                                Careers360 Rating: AAA
                                                Careers360 Rating: AAA
                                                BBA Shipping
                                                  300+ Brochures downloaded so far
                                                  300+ Brochures downloaded so far

                                                  Academy of Pharmacy Medical and Management Studies, Bhojpur

                                                  100+ Brochures downloaded so far
                                                  100+ Brochures downloaded so far

                                                  ACCMAN Business School, Greater Noida

                                                  Greater Noida, Uttar Pradesh
                                                  Private

                                                  ACCMAN Business School, Greater Noida

                                                  Greater Noida, Uttar Pradesh Private
                                                  MBA
                                                  100+ Brochures downloaded so far
                                                  100+ Brochures downloaded so far

                                                  ACCMAN Institute of Management, Greater Noida

                                                  100+ Brochures downloaded so far
                                                  100+ Brochures downloaded so far

                                                  Accord Business School, Tirupati

                                                  Tirupati, Andhra Pradesh
                                                  Private

                                                  Accord Business School, Tirupati

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                                                  MBA
                                                  100+ Brochures downloaded so far
                                                  100+ Brochures downloaded so far
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