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There are 496 top MBA colleges in India. The fee range of top MBA colleges in India ranges between Rs. 60,000 to Rs. 31,20,000. MBA is an advanced degree programme concentrating on business management and administration. It aims to ensure individuals have the expertise, abilities, and techniques essential for leadership roles in various business contexts. Top MBA colleges in India offer MBA specialisations that include diverse topics such as finance, marketing, human resources, operations management, strategy, and entrepreneurship.
CAT, XAT, MAT, CMAT, GMAT, NMAT, SNAP and various state-level entrance exams are some entrance exams candidates might be required to get admission to top MBA colleges in India.
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Candidates should have a bachelor's degree from a recognised university or institution in any discipline with the required aggregate following the institutions' requirements.
Many MBA colleges in India require candidates to have the necessary cut-off in a national or state-level management entrance exam. Common entrance exams include CAT, XAT, MAT, CMAT, SNAP, NMAT and various others
Candidates may need to fulfil any additional requirements specified by the college, such as appearing for group discussions (GD), personal interviews (PI), and written ability tests.
CAT (Common Admission Test): CAT includes section like Verbal Analysis and Reading Comprehension, Data Interpretation and Logical Analysis, Quantitative Analysis. CAT is also a CBT test in which candidates respond to multiple choice and non multiple choice questions. The length of the examination is generally between 2 and 2. 5 hours. Post the CAT exam, the various institutes that allow admission through this test declare their individual cutoffs pf the test scores and the student can get into the appropriate and most suitable institute.
MAT(Management Aptitude Test): MAT is taken in paper based mode, computer based mode and in recently introduced proctored Internet Based Test (IBT) mode. The exam consists of five sections: Language Comprehension, Mathematical Skills, Data Analysis & Sufficiency, Intelligence & Critical Reasoning and Indian & Global Environment.
NIRF is the National Institutional Ranking Framework an apex assessment mechanism that ranks the institutions in India based on some particular criteria. Regarding the given rankings it is possible to states that such information can be advantageous for students, parents and policymakers to make right decision in the case of selection of the higher educational institution.
College Name | Type of Institute | NIRF 2024 Score | NIRF 2024 Ranking | NIRF 2023 Ranking |
Indian Institute of Management Ahmedabad | INI | 83.32 | 1 | 1 |
Indian Institute of Management Bangalore | INI | 81.16 | 2 | 2 |
Indian Institute of Management Kozhikode | INI | 77.90 | 3 | 3 |
Indian Institute of Technology Delhi | INI | 76.25 | 4 | 5 |
Indian Institute of Management Calcutta | INI | 75.07 | 5 | 4 |
Below are the lists of the best public/government colleges and private MBA colleges in India with their respective total tuition.
Private College Name | Course Name | Fees | NIRF 2024 Rank |
Rs. 13,70,000-Rs. 31,20,000 | 9 | ||
Rs. 13,45,000 | 11 | ||
SIBM Pune - Symbiosis Institute of Business Management, Pune | Rs. 15,90,000-Rs. 22,20,000 | 13 | |
Rs. 24,00,000 | 20 | ||
NMIMS Mumbai - Narsee Monjee Institute of Management Studies, Mumbai | Rs. 6,00,000-Rs. 23,90,000 | 21 |
College Name | Course Name | Fees | NIRF 2024 Rank |
Rs. 24,61,000 | 1 | ||
Rs. 20,11,000-Rs. 24,50,000 | 2 | ||
3 | |||
Rs. 12,09,600 | 4 | ||
Rs. 31,00,000 | 5 |
Top MBA colleges in India have a thorough admission process based on various competitive exam scores through which candidates are vetted to see if they are suitable for the course and institution.
College Names | Admission Process |
IIM Ahmedabad - Indian Institute of Management Ahmedabad | IIM Ahmedabad Admissions are based on CAT exam scores followed by writing test and personal interview |
XLRI Jamshedpur - XLRI-Xavier School of Management | XLRI Jamshedpur Admissions are through the XAT and GMAT examination |
MDI Gurgaon - Management Development Institute, Gurgaon | MDI Gurgaon Admissions are based on CAT scores. |
IIM Calcutta - Indian Institute of Management Calcutta | IIM Calcutta Admissions are based on CAT exam results followed by a written test and personal interview. |
NMIMS Mumbai - Narsee Monjee Institute of Management | NMIMS Mumbai Admissions are based on valid scores in the NMAT and CDPI |
Given below are the starting packages of top MBA colleges in India and their top recruiters:
Placement Links | Median Salary | Top Recruiters |
Rs. 31,00,000 | Godrej, Nestle, PepsiCo, Zepto, Yes Bank, Pidilite | |
Rs. 30,24,000 | American Express, Asian Paints, Axis Bank, Bajaj, Byju’s, Capgemini, Ceat, Cipla, Cisco, Cognizant, Coco Cola, Dabur, Dell, Deloitte | |
Rs. 26,13,,000 | Adidas, Cipla, Asian Paints, Flipkart, GSK, Phonepe, TATAPLAY, Tech Mahindra, Genpact, Amazon, HDFC Bank, ICICI Bank | |
Rs. 33,67,000 | Google, Nestle, P&G, Piramal, Microsoft, Goldman Sachs, Nomura, IBM, Morgan Stanley, Deutsche Bank, Credit Suisse, Disney Star | |
Rs. 21,35,000 | Aditya Birla, Capgemini, Cognizant, EY, Genpact, Equitas, IBM, Google, Goldman Sachs, Maruti Suzuki, Stanton Chase, Titan |
Candidates need to take various entrance exams as required by their institutions to be offered admission to top MBA programmes in India.
Listed below are the cut-off ranks of Best MBA colleges in India for 2024:
Colleges | Exam | Rank/Percentile |
IIM Ahmedabad | CAT | 80 |
IIM Bangalore | CAT | 85 |
MDI Gurgaon | CAT | 94 |
IIM Calcutta | CAT | 85 |
IIM Kozhikode | CAT | 85 |
Question 1: What are the eligibility criteria for admission to top MBA colleges in India?
Answer: Candidates must have a bachelor's degree from a recognized university with the required aggregate marks as per the institution's requirements. Most top MBA colleges also require a valid score in national or state-level management entrance exams like CAT, XAT, MAT, CMAT, SNAP, NMAT, etc. Some colleges may also require candidates to participate in group discussions (GD), personal interviews (PI), and written ability tests.
Question 2: Which entrance exams are commonly accepted by top MBA colleges in India?
Answer: MBA colleges in India commonly accept scores from entrance exams such as CAT (Common Admission Test), XAT (Xavier Aptitude Test), MAT (Management Aptitude Test), CMAT (Common Management Admission Test), GMAT (Graduate Management Admission Test), NMAT (NMIMS Management Aptitude Test), and SNAP (Symbiosis National Aptitude Test).
Question 3: What is the fee range for pursuing an MBA in top colleges in India?
Answer: The fee for pursuing an MBA in top colleges in India varies significantly. It ranges from approximately ā¹60,000 to ā¹31,20,000 depending on the institution and the course offered.
Question 4: What is the admission process for top MBA colleges like IIM Ahmedabad and XLRI Jamshedpur?
Answer:
Question 5: What are the placement prospects in top MBA colleges in India?
Answer: Top MBA colleges in India offer excellent placement prospects. For instance:CA
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