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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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    AGBS Ahmedabad - Amity Global Business School, Ahmedabad

    Ahmedabad, Gujarat
    5.0/51 Reviews
    Private
    PGPM and MBA
    • Fees : 5.42 Lakhs
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    CKSVIM Vadodara - C K Shah Vijapurwala Institute of Management, Vadodara

    Vadodara, Gujarat
    4.7/53 Reviews
    Private
    MBA
    • Exams : CMAT
    • Fees : 2.18 Lakhs
    100+ Brochures downloaded so far
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    Top Private Colleges Accepting Admissions

    DDU Nadiad - Dharmsinh Desai University, Nadiad

    Nadiad, Gujarat
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    DDU Nadiad - Dharmsinh Desai University, Nadiad

    Nadiad, Gujarat Public/Govt 3.6/535 Reviews
    Careers360 Rating: AA
    Careers360 Rating: AA
    MBA
    600+ Brochures downloaded so far
    600+ Brochures downloaded so far

    IIM Ahmedabad - Indian Institute of Management Ahmedabad

    Ahmedabad, Gujarat
    Public/Govt

    IIM Ahmedabad - Indian Institute of Management Ahmedabad

    Ahmedabad, Gujarat Public/Govt 4.8/536 Reviews
    NIRF Ranking: 1Careers360 Ranking: 1
    NIRF Ranking: 1Careers360 Ranking: 1
    MBA
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    1000+ Brochures downloaded so far

    MSU Baroda - Maharaja Sayajirao University of Baroda, Vadodara

    Vadodara, Gujarat
    Public/Govt

    MSU Baroda - Maharaja Sayajirao University of Baroda, Vadodara

    Vadodara, Gujarat Public/Govt 4.5/5219 Reviews
    Careers360 Rating: AA+
    Careers360 Rating: AA+
    MBA
    10000+ Brochures downloaded so far
    10000+ Brochures downloaded so far

    NBS Ahmedabad - Narayana Business School, Ahmedabad

    Ahmedabad, Gujarat
    Private
    MBA+PGPCE
    100+ Brochures downloaded so far
    100+ Brochures downloaded so far

    RNGIPT Bardoli - RNG Patel Institute of Technology, Bardoli

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

    Saurashtra University - Saurashtra University, Rajkot

    300+ Brochures downloaded so far
    300+ Brochures downloaded so far

    Ahmedabad Institute of Technology, Ahmedabad

    Ahmedabad, Gujarat
    Private
    MBA
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      Anand Agricultural University, Anand

      300+ Brochures downloaded so far
      300+ Brochures downloaded so far

      Anand Institute of Management and Information Science, Anand

      Anand, Gujarat
      Private
      MBA
      • Exams : CMAT
      • Fees : 1.12 Lakhs
      100+ Brochures downloaded so far
      100+ Brochures downloaded so far

      Arrdekta Institute of Technology, Sabarkantha

      Khedbrahma, Gujarat
      5.0/51 Reviews
      Private
      MBA
        100+ Brochures downloaded so far
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        Atmiya University, Rajkot

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