Best MBA Colleges in India, Ranking, Courses, Fee, Admission, Placement
Best MBA colleges in India improve candidates' career prospects. Get detailed overview of best MBA colleges in India, fee, placement, courses, and more.
Anil Solonki19 Mar, 2024
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Best MBA Colleges in India: There are nearly 500 esteemed MBA colleges in India. These include both private and government-funded institutes. Most MBA colleges in India accept CAT scores for offering admission. However, some conduct their separate entrance exams.
For admission to the best MBA colleges in India, it is recommended that candidates know their ranking, course, fee and placement details to make an informed decision. Here is a detailed overview of the best MBA colleges that help candidates pursue a lucrative career.Best MBA Colleges in India Key Highlights
Here are the key highlights of the best MBA colleges in India:| No. of MBA colleges | +5,500 | |
| Top Specialisations | Finance, HR, Sales, Marketing, IT and Systems, | |
| International Business | ||
| Annual fees | Fee | No. of colleges |
| Below INR 1 lakh | 1654 | |
| INR 1-2 lakh | 1716 | |
| 2-3 lakh | 525 | |
| 3-5 lakh | 534 | |
| Above INR 5 lakh | 728 | |
| Accepted Entrance | CAT GMAT MAT CMAT SNAP XAT NMAT ATMA | |
Best MBA Colleges in India Eligibility Requirements
The eligibility criteria for admission to MBA programs can vary among colleges. However, the basic criteria generally include the following:- Candidates must have a bachelor's degree with minimum 3-years course duration in any discipline from a recognised university.
- Candidates in their final year of graduation are also eligible to apply for MBA programs. However, they must provide their graduation degree and qualifying exam documents during the MBA admission procedure.
- The minimum score in the qualifying exam must be 50% or equivalent CGPA.
- For candidates belonging to reserved categories, the minimum qualifying score may be 45% or an equivalent CGPA.
Best MBA Colleges in India NIRF Ranking
NIRF annually releases the ranking of the best MBA colleges based on annual data. These rankings are determined by factors such as teaching technique, graduation rates, learning resources, research and professional practices, etc. The following is the ranking of the top MBA colleges in India:| NIRF Ranking | College Name | Number of Seats |
| 1 | IIM Ahmedabad | 385 |
| 2 | IIM Bangalore | 565 |
| 3 | IIM Kozhikode | 525 |
| 4 | IIM Calcutta | 462 |
| 5 | IIT Delhi | 91 |
| 6 | IIM Lucknow | 490 |
| 7 | IIM Mumbai | 550 |
| 8 | IIM Indore | 450+150 |
| 9 | XLRI Jamshedpur | 1310 |
| 10 | IIT Bombay | 152 |
Best MBA Colleges in India With Fee Structure
MBA course fees in India range between INR 20,000 and INR 40 lakh. Most tier-1 MBA colleges have a tuition fee ranging from INR 11 lakh to 30 lakh. The table below presents the MBA courses and fee structure at the best MBA colleges in India:| MBA Colleges | Course | Fees (INR) |
| IIM Ahmedabad | MBA, PGDM, Executive MBA | 12 lakh - 31.5 lakh |
| XLRI Jamshedpur | PGDM | 23.15 lakh |
| IIM Kozhikode | MBA, PGDM | 12 lakh - 20.5 lakh |
| IIM Bangalore | MBA, PGDM | 12.5 lakh - 24.5 lakh |
| IIFT-New Delhi | MBA International Business | 21.77 lakh |
| MDI-Gurgaon | PGPM | 24 to 28 lakh |
| IIT Madras | MBA | 15 lakh |
| SPJIMR-Mumbai | PGDM | 23.50 lakh |
| ISB-Hyderabad | PGPM | 38 to 41 lakh |
| IMI Delhi | PGDM | 18.20 lakh |
| SIBM Pune | MBA | 24.59 lakh |
| NMIMS Mumbai | MBA | 11.90 to 24.00 lakh |
| JBIMS Mumbai | MMS | 6.00 lakh |
| IMT Ghaziabad | PGDM | 19.50 lakh |
Best MBA Colleges in India Government
The following table represents the best government MBA colleges in India, including their respective tuition fees and accepted entrance exams:| Public College | Entrance Exam | Total Tuition Fee |
| IIM Ahmedabad | CAT | INR 25 lakh |
| IIM Calcutta | CAT | INR 25 lakh |
| IIM Bangalore | CAT | INR 25 lakh |
| IIM Kozhikode | CAT, GMAT | INR 18 lakh - INR 21 lakh |
| IIT Delhi | CAT | INR 11 lakh |
| IIM Indore | CAT, IPMAT | INR 17 lakh - INR 35 lakh |
| IIM Lucknow | CAT | INR 8 lakh - INR 13 lakh |
Best MBA Colleges in India Private
There are multiple private MBA colleges in India that offer quality education and high packages through college placements. The following table presents the best private MBA colleges in India, along with their tuition fee and accepted entrance exams:| Private College | Entrance Exam | Total Tuition Fee |
| SIBM Pune Admission | SNAP | INR 24 Lakh |
| XLRI Xavier School of Management | XAT, GMAT | INR 24 lakh - INR 30 lakh |
| SPJIMR Admission | CAT | INR 20 lakh- INR 22 lakh |
| NMIMS School of Business Management Admission | NMAT | INR 8 lakh - INR 24 lakh |
| Chandigarh University Admission | CUCET Chandigarh University | INR 4 lakh - INR 7 lakh |
| Amity University Noida Admission | XAT, CAT, MAT, NMAT, etc. | INR 6 lakh - INR 21 lakh |
| LPU Admission | LPU Nest, CAT, XAT, MAT, etc. | INR 8 lakh - INR 10 lakh |
Best MBA Colleges in India Without CAT
Although CAT is the most widely accepted MBA entrance exam in India, there are numerous colleges that offer MBA admissions without CAT. The following table shows the list of the best MBA colleges without CAT in India:| College | Entrance Exam |
| XLRI Jamshedpur | XAT |
| NMIMS Mumbai | NMAT |
| SIBM Pune | SNAP |
| Xavier University | XAT, GD, PI |
| SPJIMR Mumbai | XAT, CAT, GMAT |
| JBIMS Mumbai | CMAT, MH-CET |
| Indian School of Business | GMAT, ISBAT |
| WESCHOOL | XAT, ATMA, GMAT, etc. |
| BITS Pilani | BITS MBA Entrance Exam, GD, PI |
Specialisations Offered by Best MBA Colleges in India
The best MBA colleges offer various courses like marketing, Human Resources, …, etc. Here are the major programs offered at MBA colleges in India:| College Name | Specialisation |
| IIM Ahmedabad | Post Graduate Programme in Management (PGP) |
| IIM Kozhikode | Post Graduate Program in Management (PGP) |
| IIM Bangalore | Post Graduate Programme in Management (PGP) |
| IIT Delhi | MBA Executive MBA Technology Management MBA Telecommunication System Management |
| IIM Calcutta | Master of Business Administration (MBA) |
| IIM Mumbai | Master of Business Administration (MBA) |
| IIM Lucknow | Post Graduate Programme in Management (PGPM) |
| XLRI Jamshedpur | Post Graduate Diploma in Business Management (PGDM - BM) |
| IIM Indore | Post Graduate Programme in Management (PGP) |
| IIT Bombay | Master of Business Administration (MBA) |
Best MBA Colleges in India With Low Fees
There are numerous colleges in India that offer an MBA at highly affordable rates. Listed below are some of the best MBA colleges with low fees:| Top MBA College with Affordable Fees | Programme Fee (INR) |
| Delhi School of Economics, DU | 32,000 |
| FMS Delhi – University of Delhi | 1,94,000 |
| UBS Chandigarh, Panjab University | 42,000 |
| BITS Pilani | 12,00,000 |
| SJMSOM - IIT Bombay | 10,08,000 |
| IIM Mumbai | 14,63,000 |
| PUMBA, Pune | 1,34,000 |
| DoMS - IIT Delhi | 10,40,000 |
| JBIMS | 6,00,000 |
| Delhi Technical University | 4,25,000 |
| SIMSREE, Mumbai | 1,36,000 |
| Ambedkar University, Delhi | 3,00,000 |
Best MBA Colleges in India Placement Insights
Provided below are the placement details of the best MBA colleges, including the salary package and top recruiters:| MBA College | Median Salary | Top Recruiters |
| IIM Ahmedabad | Rs. 30,00,000 | Godrej, PepsiCo, Yes Bank, Zepto, Pidilite, Nestle, |
| MDI Gurgaon | Rs. 24,06,000 | Phonepe, Adidas, Tech Mahindra, Cipla, ICICI Bank, Flipkart, GSK, Asian Paints, Genpact, Amazon, HDFC Bank |
| XLRI Jamshedpur | Rs. 30,00,000 | American Express, Axis Bank, Asian Paints, Dell, Bajaj, Capgemini, Coca-Cola, Cipla, Cisco, Cognizant, Dabur, Deloitte, Ceat |
| NMIMS Mumbai | Rs. 19,20,000 | Google, Stanton Chase, IBM, Aditya Birla, Capgemini, Genpact, EY, Cognizant, Goldman Sachs, Maruti Suzuki, Titan |
| IIM Calcutta | Rs. 33,67,000 | Nestle, Google, Piramal, Microsoft, P&G, Goldman Sachs, IBM, Nomura, Deutsche Bank, Morgan Stanley, Disney Star, Credit Suisse |
Best MBA Colleges in India ROI Analysis
MBA Return on Investment (ROI) measures the profitability derived from pursuing the course at a specific college. It is calculated by comparing the total tuition fee for the MBA program to the average median package offered to MBA graduates during college placements. The table below presents details of the ROI at top MBA institutes in India:| College Name | Total Tuition Fees | Average Median Package |
| IIM Ahmedabad | INR 25 lakh | INR 20 LPA - INR 32 LPA |
| IIM Calcutta | INR 25 lakh | INR 31 LPA - INR 34 LPA |
| IIT Delhi | INR 11 lakh | INR 24 LPA |
| IIM Bangalore | INR 25 lakh | INR 32 LPA |
| IIM Lucknow | INR 8 lakh - INR 13 lakh | INR 30 LPA |
Best MBA Colleges in India FAQs
How many good MBA colleges are there in India?
There are nearly 500 good MBA colleges in India, including 21 IIMs.
Which MBA college has the highest package?
IIM Calcutta and IIM Bangalore offer the highest package after graduation with an MBA.
Which MBA has the best scope in India?
MBA specialisations like Digital Marketing, HR, Business Analytics, Financial management, International Business, etc., have the best scope in India.
Which is the best MBA college in India with low fees?
Faculty of Management Studies, DU is the best MBA institute in India, and it has low fees.
Which college is best for MBA without CAT?
MBA colleges like XLRI Jamshedpur, SIBM Pune, MDI Hyderabad, etc., are best for an MBA without a CAT score.
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