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    Top MBA Colleges in India accepting SET Score 2023

    IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, IIM Kozhikode and so on. NIRF rankings showcasing the best MBA colleges in India 2023 include the ranking of above three and IIM Calcutta, and IITs like IIT Delhi, and XLRI  Jamshedpur to name a few in 2023. Careers360 has released its rankings for the top management colleges in India 2023 and the list has the top three IIMs and a host of top B-Schools of India which have made their mark. 

    Top MBA Colleges in India Based on Careers360 Ranking 

    Every year, the good MBA colleges in India are assessed and ranked by Careers360. Parameters that are used to determine the top MBA colleges include facilities, courses, placements, research and so on. The list of top colleges for MBA in India 2023 as per NIRF includes the following;

    Best MBA Colleges in India - as per NIRF Ranking 2023

    The ‘National Institutional Ranking Framework' analyses the overall performance of all colleges in different streams and publishes the rankings every year. Check out below for the best MBA college rankings based on NIRF;

    Top 10 B-Schools in India as per NIRF

    Institute name

    NIRF Rank 2023

    NIRF Score 2023

    NIRF Rank 2022

    NIRF Score 2022

    Indian Institute of Management (IIM) Ahmedabad





    Indian Institute of Management (IIM) Bangalore





    Indian Institute of Management (IIM) Kozhikode





    Indian Institute of Management (IIM) Calcutta





    Indian Institute of Technology (IIT) Delhi





    Indian Institute of Management (IIM) Lucknow





    National Institute of Industrial Engineering, Mumbai





    Indian Institute of Management (IIM) Indore





    Xavier School of Management (XLRI), Jamshedpur





    Indian Institute of Technology (IIT) Bombay





    Top 10 MBA Colleges in India 2023 by Careers360 

    Check out below the top MBA colleges in India based on Careers360 ranking.

    Ranking of MBA Colleges in India

    Top 10 Business Schools in India

    Seat Intake


    IIM Ahmedabad



    IIM Bangalore



    IIM Kolkata



    FMS Delhi



    IIM Indore



    IIM Kozhikode



    XLRI Jamshedpur



    IIM Lucknow



    DMS IIT Delhi



    MDI Gurugram


    Top MBA Colleges in India - Placement Wise

    One of the factors looked at by students is the placement offered by the MBA colleges in India. It is also an important factor that is kept in mind while considering admissions. The top BSchools in India have good placement statistics. Students can also look at the top 10 MBA colleges in India as per their placement statistics. The details are given in the table below

    Top MBA Colleges in India with placement statistics and top recruiter details

    Name of the college 

    Median Salary

    Top Recruiters coming to the college 

    Indian Institute of Management, Bangalore 

    Rs 28.60 LPA (Source: IIM Bangalore placement report)

    • Urban Clap 
    • Aditya Birla Group 
    • Google 
    • JP Morgan 
    • Asian paints 
    • American Express 

    Indian Institute of Management, Calcutta 

    Rs 27.67 LPA (Source: IIM Kolkata placement report)

    • Dabur 
    • Whirlpool 
    • Nokia 
    • Dell 
    • Oracle 
    • Viacom 18 

    Indian Institute of Management, Ahmedabad 

    Rs 25 LPA (source: IIM Ahmedabad placement report 2020) 

    • Airtel 
    • Accenture 
    • Grofers 
    • Flipkart 
    • Microsoft 
    • HSBC 

    Indian Institute of Management, Lucknow 

    Rs 23.5 LPA (Source: IIM Lucknow placement report)

    • Axis Bank 
    • Ebay 
    • Coca-cola 
    • Yahoo 
    • Cadbury 
    • Godrej 

    Indian Institute of Technology, Kharagpur 

     17.12 LPA (Source: VGSOM Placement Report)

    • UBS 
    • VISA 
    • Facebook 
    • EXL Services 
    • Linkedin 
    • Morgan Stanley 

    Top MBA Colleges in India with Fees

    This is an important factor that plays a role in the choice of students during admissions. Many students check the top MBA colleges in India with fees to understand and prepare for admissions. The details of the best MBA colleges in India both private and public are given below.

    Top Private MBA Colleges with Fee

    S. No

    Name of the college 

    Total Course Fee 


    XLRI Xavier College of Management, Jamshedpur 

    Rs 13,70,000 to Rs 31,20,000


    MDI Gurgaon 

    Rs 13,41,000 to Rs 26,27,000


    SPJIMR, Mumbai

    Rs 20,42,000


    Great Lakes, Chennai

    Rs 14,10,000 to Rs 16,90,000


    TAPMI Manipal

    Rs 17,34,000 lakhs

    Top Government MBA Colleges in India With Fee Structure


    Name of the college 

    Course fee to be paid 


    Indian Institute of Management, Ahmedabad

    Rs 24,61,000


    Indian Institute of Management, Bangalore 

    Rs 20,11,000 to Rs 24,50,000


    Indian Institute of Management, Calcutta 

    RS 25,00,000


    Indian Institute of Management, Lucknow 

    Rs 9,20,000 to Rs 26,05,000


    Faculty of Management Studies University of Delhi

    Rs 20.96 lakhs

    Top B Schools in India - Cutoff wise

    Most aspirants search for the cutoff for top MBA colleges such that they can prepare and aim for the same. Most of the top MBA colleges in India accept CAT percentile scores for their MBA admissions. MBA aspirants generally aim for the IIMs and then other top b schools in India. A list of the CAT cutoff for the best colleges for MBA in India are given below.

    Top IIMS with cutoff (expected)

    Name of the IIM college 

    Expected CAT cut-off in percentile 

    IIM Ahmedabad


    IIM Bangalore 


    IIM Calcutta 


    IIM Lucknow 


    IIM Indore 


    IIM Kozhikode 


    IIM Amritsar 


    IIM Nagpur


    IIM Sambalpur 


    IIM Tiruchirappalli 


    IIM Raipur 


    IIM Ranchi


    IIM Kashipur


    IIM Vizag


    IIM Udaipur 


    IIM Bodhgaya


    IIM Shillong 


    IIM Sirmaur 


    CAT Cutoff for Top MBA Colleges other than IIMs

    List of B-schools

    Expected CAT Cutoff

    Faculty of Management Studies, University of Delhi 

    98.20 Percentile

    DMS, IIT Delhi

    98+ Percentile

    Loyola Institute of Business Administration (LIBA) Chennai

    90+ Percentile

    SJMSOM, IIT Bombay

    99+ Percentile

    Institute of Management Technology (IMT) Ghaziabad

    90+ Percentile

    Management Development Institute (MDI) Gurgaon

    95+ Percentile

    NITIE Mumbai

    95+ Percentile

    SP Jain Institute of Management and Research (SPJIMR) Mumbai

    85+ Percentile

    Xavier Institute of Management Bhubaneswar (XIMB)

    90+ Percentile

    Department of Management Studies, IIT Madras

    95+ Percentile

    T A Pai Management Institute (TAPMI) Manipal

    85+ Percentile

    Admission Procedure for Top Management Colleges in India

    One of the first things to check for is the eligibility before applying to any of the top MBA colleges in India. Some of the common eligibility criteria for MBA admissions are

    • Applicants must have finished their graduation level studies from any recognized university and should have secured a minimum of 50% as an aggregate mark during that period. 
    • Students who are in their final year of graduation can also apply for the MBA degree in top colleges in India. 

    Entrance Exams to get into the Top MBA Colleges in India

    All eligible candidates will have to vie for admission to the top MBA colleges on the basis of their performance in the various MBA entrance exams. Most of the top business schools in India accept CAT scores which is why it has the highest number of applicants. Some of the most popular management entrance exams in India are

    Common Admission Test - The CAT exam is conducted by the Indian Institute of Management (IIM) for admission to MBA programmes offered by various prestigious business schools and management institutes in India.

    Xavier Aptitude Test - XAT is a national-level aptitude test conducted by XLRI Jamshedpur for admission to MBA/ PGDM programmes. XLRI conducts XAT on behalf of XAMI. More than 160 educational institutes use XAT scores for admission.

    Common Management Admission Test - The CMAT is a National Level Entrance Examination for admission to the Management Programme in India. The CMAT exam will be conducted by NTA as a computer-based online exam of 3-hour duration.

    Management Aptitude Test - MAT is a national-level test which is conducted by the All India Management Association (AIMA). MAT is held four times a year and it is a gateway to 600+ B schools and management colleges across India.

    Symbiosis National Aptitude Test - SNAP is one of the top MBA Entrance Exam conducted by Symbiosis International (Deemed-to-be) University for admission to its various management programs, including the prestigious SIBM and other affiliated Bschools.

    Maharashtra MBA Common Entrance Test - The MAH MBA CET is a state-level entrance exam for admission to MMS/ MBA programs offered by over 300 colleges and institutes in Maharashtra. The MAH MBA CET exam is conducted by the Maharashtra State CET Cell annually in the month of March-April.

    Graduate Management Admission Test - GMAT is a multiple-choice, computer-based exam that is used globally for admission to graduate management/ business programs. The GMAT exam is conducted by the Graduate Management Aptitude Council (GMAC).

    Top Five Management Colleges in India Based on Top Specializations

    Top MBA Colleges offering MBA in sales and marketing 

    1. Indian Institute of Management, Ahmedabad 
    2. Narsee Monjee Institute of Management Studies, Mumbai 
    3. Indian Institute of Management, Kolkata 
    4. Vinod Gupta School of Management, IIT Kharagpur 
    5. Indian Institute of Management, Indore 

    Top MBA Colleges offering MBA in Human Resources 

    1. Indian Institute of Management, Bangalore 
    2. XLRI Xavier School of Management, Jamshedpur 
    3. Shailesh J. Mehta School of Management, IIT Bombay 
    4. Department of Management Studies, IIT, Roorkee 
    5. MDI Gurgaon 

    Top MBA Colleges offering MBA in Foreign Trade 

    1. Indian Institute of Foreign Trade, New Delhi 
    2. JMI Delhi
    3. Loyola Institute of Business Administration, Chennai 
    4. Institute of Management Studies, BHU, Varanasi 
    5. Institute of Management, Nirma University, Ahmedabad

    How to select the best MBA colleges in India? 

    Choosing an MBA college that is suitable in all aspects requires a bit of research. Some steps to narrow down the choice of college are

    • Choose a college that provides the specialization you are interested in. 
    • College accreditation or affiliation matters the most. Look out for this. 
    • Go through the list of faculty members (do a check on their experience and qualifications). 
    • Go through the course content and see if all you need to learn for your future is provided there. 
    • Infrastructure and alumni need to be considered too. 
    • Placement options give a clear idea about the legacy of the college, so, check that out always. 

    Check the list of MBA colleges in India 

    Top MBA Colleges in India - Frequently Asked Questions

    Q. Which are the best business schools in India for Finance? 

    A. IIM Bangalore, FMS Delhi, SPJIMR Mumbai and Alliance University Bangalore are regarded as the leading management colleges in India offering specialisation in finance.

    Q. Name three top MBA colleges in India for operations management?

    A. IIM Bangalore, IIM Kolkata and IIM Indore are regarded as the best management colleges in operations management in India. 

    Q. Is CAT mandatory for MBA admissions in top Bschools in India? 

    A. No. While CAT is widely preferred, other entrance exams like XAT, MAT, CMAT, ATMA etc as well as state entrance exams and university entrance exams are also considered for MBA admissions. 

    Q. How can one check which BSchool to take admissions to?

    A. The ideal plan to narrow down a BSchool would be to check the top colleges, specializations in which one is interested.  While top BSchools in India can be checked through NIRF and other rankings, the specialization part is individual specific. Students should also look at facilities, placements as well as alumni connect for all colleges they wish to consider.

    Q. Which is the best entrance exam to get into a top BSchool? 

    A. CAT scores are widely accepted making it the most popular entrance exam to get into the best MBA colleges in India. However, other exams like XAT, CMAT, ATMA and MAT are also considered for admissions. Since competition is tough for CAT, many students take up these entrance exams to get entry to the some of the popular BSchools in India.

    Q. Is India the best country for pursuing a degree in MBA? 

    A. India is home to good BSchools like the IIMs, IITs, XLRI to name a few. So pursuing MBA from here is good enough for a fruitful career. Choosing a country depends upon not just the institute but fees, ease of admissions and further career path. For an Indian student, these factors make India the best country to pursue MBA. 

    Q. What makes pursuing an MBA a popular career option? 

    A. The career prospects after MBA are so lucrative and ensure professional success that it has become one of the most popular career choice for many students. 

    Q. Is MBA better than CA? Do their salaries differ? 

    A. The two degrees are different in not just the subject of study but also the profiles that come after completion. The salary structure differs not just for degrees but also the experience one has. While MBA is solely management oriented, CA is commerce related. MBA comes in different specializations while CA does not. An MBA is a two year course but CA has three levels to clear and takes far more time. It also includes articleship which is an integral part of the course while this is not mandatory for an MBA. Many students prefer MBA as its easy to complete and is less rigorous. Salaries of course differ for both on account of the nature of work.

    Q. Can I do an MBA right after completing XII boards examination? 

    A. No, you cannot. You need to complete graduation from a recognized university and then apply for an MBA. 

    Q. What is the most significant advantage of doing an MBA after doing BTech? 

    A. Doing an MBA after doing engineering is beneficial because you will be able to possess both technical acumen and managerial acumen that is essentially required in the corporate world.

    Q. Best university for MBA in India?

    A. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi , IIM Kozhikode, IIM Lucknow, IIM Indore, XLRI, Jamshedpur, IIT Bombay, IIT Kharagpur, much more.

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