Top MBA Colleges In India

Getting admitted into one of the top MBA colleges in India gives one the much-needed head start to boost one’s career. Thus it is imperative to pick up the right MBA College for a flourishing professional life. This guide here elucidates your B-school selection process bringing all the important information to your fingertips. Despite our in-depth research, however, the candidates are requested to speak to the alumni of their desired college, visit the institute’s website and if required go on a tour of the B-school itself for detailed information.

The Top MBA Colleges in India

There are more than 6000 MBA colleges in India, a majority of which are private. The top MBA colleges in India include institutes of world repute like the public-owned IIMs and private institutes like Symbiosis etc. Some of the top courses offered at these institutes include MBA, PGDM, BBA, and BBM. Taking different parameters into account, different ranking agencies like NIRF, India Today and Outlook bring out a list of the top MBA colleges in India every year.

Top 10 MBA Colleges in India

The basic parameters for ranking top 10 MBA colleges in India by most agencies include placements, faculty, and facilities for students, industry interface, research, and professional practice, etc. the National Institute Ranking Framework (NIRF) under Ministry of Human Resource Development brings out one of the most comprehensive ranking reports for all institutes across the country.

The top 10 MBA colleges in India as ranked by NIRF are presented below.

  1. IIM Bangalore
  2. IIM Ahmedabad
  3. IIM Calcutta
  4. IIM Lucknow
  5. IIM Indore
  6. IIT Kharagpur
  7. Xavier Labour Relations Institute (XLRI), Jamshedpur
  8. IIM Kozhikode
  9. IIT Delhi
  10. IIT Bombay

Ranking for MBA Colleges in India:

The main objective of any ranking is to help students decide the best institutes to take admission. There are multiple agencies in India which conduct their own research and bring out ranking for MBA colleges in India.

Notable among them as discussed above are NIRF, India Today, Outlook, Economic Times, Careers 360, etc. While the research methodology, evaluation parameters and the process itself vary with each agency, it is interesting to note that the top institutes like IIM Bangalore, IIM Ahmedabad, and XLRI Jamshedpur make their place in almost every ranking.

Further, the rank of each institute may vary with the course or stream. Taking into account the ranking for MBA colleges in India by top-ranking agencies, we have segregated the colleges into levels

Level/RankName of the Institute
1IIM Ahmedabad
IIM Bangalore
IIM Calcutta
2XLRI Jamshedpur
IIM Lucknow
FMS Delhi
3IIM Kozhikode
IIM Indore
IIFT Delhi
4IIT Delhi
IIT Mumba
MDI Gurgaon
5IIM Shillong
IIT Roorkee
SPJIMR Mumbai 

Best MBA Colleges in India Placement Wise

MBA in India is the most sought after higher education course. There are thousands of MBA colleges in India which cater to tens of thousands of MBA aspirants. However, not all MBA college is good enough to fulfill the aspirations of the students.

There are some institutes whose name is enough for a candidate to land in a high paying job. Top leaders of the industry come to these institutes to pick up the best management brains of the country. The remuneration offered at the time of placements is also a deciding factor in zeroing up the best MBA colleges in India placement wise.

Let us have a look at some of the best MBA colleges in India placement wise.

  1. IIM Bangalore ranks 1st with a record of 135 companies visiting the campus for placements. The average salary offered was INR 26 lakhs.
  2. IIM Calcutta ranks second with a whopping 393 companies visiting the campus for placements. The average salary offered was INR 15.32 lakhs.
  3. IIM Ahmedabad ranks 3rd with 125 companies visiting the campus and an average salary offer of INR 15.88 lakhs.
  4. FMS Delhi had 93 companies visiting its campus and offering INR 15.40 lakhs as an average salary.
  5. XLRI Jamshedpur comes next with 48 companies placing their placement offers for an average salary of INR 16.20 lakhs.
  6. NMIMS had 140 companies visiting its campus; the average salary offered was INR 14.40 lakhs.
  7. IIM Indore had 92 companies with placement offers for an average salary of INR 12.10 lakhs.
  8. IIM Lucknow had 213 companies for placement. The average salary offered was INR 15.80 lakhs.
  9. IIM Kozhikode had 146 placement offers with an average salary offer of INR 12.31 Lakhs.
  10. MDI Gurgaon had 74 placement offers with an average salary of INR 12.80 lakhs.

Top 50 MBA Colleges in India

The top MBA colleges in India are considered the creamy layer of all the MBA institutes across the country. Students passing out from these institutes are either placed in top organizations of the world or are running their own successful business.

Here is a list of the top 50 MBA colleges in India as ranked by the NIRF.

  1. IIM Bangalore
  2. IIM Ahmedabad
  3. IIM Calcutta
  4. IIM Lucknow
  5. IIM Indore
  6. IIT Kharagpur
  7. XLRI Jamshedpur
  8. IIM Kozhikode
  9. IIT Delhi
  10. IIT Mumbai
  11. IIT Roorkee
  12. MDI, Gurugram
  13. IIM Udaipur
  14. IIM Tiruchirapalli
  15. IIT Madras
  16. SPJIMR, Mumbai
  17. NIT Tiruchirapalli
  18. Great Lakes Institute of Management, Chennai
  19. IIM Raipur
  20. Symbiosis Institute of Business Management, Pune
  21. Narsee Monjee Institute of Management Studies, Mumbai
  22. IIT Kanpur
  23. IIM Rohtak
  24. IIM Shillong
  25. IIM Kashipur
  26. ICFAI Foundation for Higher Education, Hyderabad
  27. International Management Institute, New Delhi
  28. IIM Ranchi
  29. National Institute of Industrial Engineering, Mumbai
  30. Kalinga Institute of Industrial Technology, Bhubaneswar
  31. IIFT, New Delhi
  32. IIT (ISM) Dhanbad
  33. T.A.Pai Management Institute, Manipal
  34. Jamia Milia Islamia, New Delhi
  35. FMS, New Delhi
  36. Loyola Institute of Business Administration, Chennai
  37. PSG College of Technology, Coimbatore
  38. Fore School of Management, New Delhi
  39. BHU, Varanasi
  40. Nirma University, Ahmedabad
  41. Institute of Management Technology, Ghaziabad
  42. Alliance University, Bengaluru
  43. Anna University, Chennai
  44. Xavier University, Bhubaneswar
  45. International Management Institute Kolkata
  46. Vellore Institute of Technology, Vellore
  47. Institute for Financial Management and Research, Satyavedu
  48. Punjab University, Chandigarh
  49. Amity University, Gautama Buddha Nagar
  50. Goa Institute of Management, Goa.

Fees for Top MBA Colleges

Fees for top MBA colleges depend primarily upon the type of B-school and one should expect a fee hike of 5-7% every year. Fee for IIMs range anywhere between INR 10.0 Lakhs to INR 23.0 Lakhs.  Fees for Top PGDM B-schools like XLRI, MDI and SPJIMR range anywhere between INR 15.0 Lakhs to INR 23.0 Lakhs. The fees also vary within the same institute with choice of the course. One is thus advised to visit the official website of the institute to have precise information about the fee structure.

Top MBA Colleges for Finance

MBA in Finance is one of the most sought after disciplines. However, not all top MBA colleges in India are suited for this discipline.

Here we present a list of top MBA colleges in India for Finance.

  1. SPJIMR, Mumbai
  2. Narsee Monjee Institute of Management Studies, Mumbai
  3. KJ Somaiya Institute of Management Studies and Research, Mumbai
  4. LBSIM, Delhi
  5. Xavier Institute of Social Service, Ranchi
  6. International School of Business and Media, Pune
  7. National Institute of Bank Management, Pune
  8. Institute of Public Enterprise, Hyderabad
  9. SCMS School of Business, Kochi
  10. MIT School of Business, Pune

Top MBA Colleges in India for HR

An HR (Human Resources) MBA degree from an institute of repute could land one at a great place professionally. Depending upon one’s preference one can choose any of the following top MBA colleges in India for HR.

  1. XLRI, Jamshedpur
  2. MDI, Delhi
  3. SVKM’s NMIMS, Mumbai
  4. Xavier Institute of Management, Bhubaneswar
  5. International Management Institute, Delhi
  6. IIM, Ranchi
  7. Xavier Institute of Social Service
  8. University Business School, Punjab University, Chandigarh
  9. International School of Business and Media, Pune
  10. Indian Institute of Social Welfare and Business Management, Kolkata

Top MBA Colleges in India for Marketing

MBA Marketing is a popular choice among MBA aspirants as it comes with lucrative pay packages. Among the thousands of colleges in India, we present a list of top MBA colleges in India for Marketing.

  1. SPJIMR, Mumbai
  2. IMT, Ghaziabad
  3. XISS, Ranchi
  4. N.L.Dalmia Institute of Management Studies and Research, Mumbai
  5. NIILM Centre for Management Studies, Delhi
  6. School for Management, KIIT University, Bhubaneswar
  7. MIT School of Business, Pune
  8. Jamnalal Bajaj Institute of Management Studies, Mumbai
  9. KJ Somaiya Institute of Management Studies and Research, Mumbai
  10. Balaji Institute of Modern Management, Pune

MBA Colleges with Low Fees

A good MBA degree doesn’t necessarily have to burn a hole in one’s pocket. Thankfully, we have quite a few numbers of institutes that provide quality business education at affordable fees. Here is a list of top MBA colleges in India with low fees.

Name of the instituteFees in INR
FMS, Delhi20,960
JBIMS, Mumbai3 lakhs
TISS Mumbai2.38 lakhs
Department of Management Science, Pune University1.32 lakhs
Department of Management Studies, Delhi University3 lakhs
Christ University, Bangalore4.35 lakhs
Delhi Technical University3.56 lakhs
Chandigarh University3.28 lakhs
Amity University4.47 lakhs
MIT, Pune3.5 lakhs

Top MBA Colleges in South Delhi

The list of top MBA colleges in South is a mix of public and private institutes. We present to you a list of top MBA colleges in South India based on the NIRF rankings.

  1. IIM Kozhikode
  2. IIM Tiruchirapalli
  3. IIT Madras
  4. NIT Tiruchirapalli
  5. Great Lakes Institute of Management, Chennai
  6. ICFAI Foundation for Higher Education, Hyderabad
  7. T.A.Pai Management Institute, Manipal
  8. Loyola Institute of Business Administration, Chennai
  9. PSG College of Technology, Coimbatore
  10. Alliance University, Bengaluru

MBA Colleges in India – Distance Learning

Distance Learning MBA programs are very popular among working professionals and other such people who cannot take out the time to pursue a full-time MBA program. Given below is a list of top 10 MBA colleges in India for distance learning.

  1. IMT, Ghaziabad
  2. NMIMS, Mumbai
  3. SCDL, Pune
  4. IGNOU
  5. Sikkim Manipal University
  6. Annamalai University
  7. Welingkar Institute of Management Development
  8. Amity University
  9. Lovely Professional University
  10. ICFAI University

Top MBA Colleges in North India

Top MBA colleges in North India are an elite list of B-schools. The list includes IIMs and IITs among others. Here is a list of top MBA colleges in North India as ranked by the NIRF.

  1. IIM Lucknow
  2. IIT Delhi
  3. MDI, Gurugram
  4. IIM Udaipur
  5. IIT Kanpur
  6. IIM Rohtak
  7. IIM Kashipur
  8. International Management Institute, New Delhi
  9. IIFT, New Delhi
  10. Jamia Milia Islamia, New Delhi

Top MBA Colleges Cut-Off

Name of the InstituteMinimum Cut off
IIM Bangalore85
IIM Ahmedabad80
IIM Calcutta85
IIM Lucknow90
IIM Indore90
IIT Kharagpur90
XLRI Jamshedpur95
IIM Kozhikode90
IIT Delhi90
IIT Bombay98.5

IIM Kozhikode announced the CAT 2019 results on January 4, 2020. Different B-Schools have varying minimum CAT cut off as their eligibility criteria. Let us have a look at the top MBA colleges in India cut off.

Top MBA Colleges in India without CAT

There are several B-schools in India that grant admission to MBA aspirants without the CAT score. Some of them may have their own entrance test; some may grant admission on MAT scores while others do not have any entrance tests at all.

The top MBA colleges in India without CAT scores are listed as follows:-

  • FMS, New Delhi
  • XLRI, Jamshedpur
  • IIFT, New Delhi
  • Department of Management Studies, REC
  • Narsee Monjee University, Mumbai
  • Jaipuria Institute of Management, Lucknow
  • Christ University, Bangalore
  • IILM, New Delhi
  • Symbiosis International University
  • National Institute of Management, Calcutta

Colleges accepting MAT Score

The top MBA colleges in India accepting MAT scores are listed as follows:-

  • BIMTECH Greater Noida
  • XIME, Bangalore
  • Balaji Institute of Modern Management, Pune
  • ISBM, Pune
  • Christ University, Bangalore
  • IMS Ghaziabad
  • GITAM, Vishakapatnam
  • Chetna CIMR

Top Private MBA Colleges in India

Top MBA colleges in India are a mix of private and government institutes. Here is a list of top private MBA colleges in India as ranked by the NIRF.

  1. XLRI Jamshedpur
  2. MDI Gurugram
  3. SPJIMR, Mumbai
  4. Great Lakes Institute of Management
  5. Symbiosis Institute of Business Management
  6. NMIMS, Mumbai
  7. International Management Institute, New Delhi
  8. KIIT, Bhubaneswar
  9. T.A.Pai Management Institute, Manipal
  10. Loyola Institute of Business Administration

Top Government MBA Colleges in India

The public or government MBA colleges in India make the creamy layer of MBA colleges. Below is a list of the top government MBA colleges in India as ranked by the NIRF.

  1. IIM Bangalore
  2. IIM Ahmedabad
  3. IIM Calcutta
  4. IIM Lucknow
  5. IIM Indore
  6. IIT Kharagpur
  7. IIM Kozhikode
  8. IIT Delhi
  9. IIT Mumbai
  10. IIT Roorkee

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About the Author

Rachit believes in the power of education and has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. He has worked as Software Developer with Microsoft and Adobe. Post his MBA, he worked with the world’s # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia and Europe.

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