MBA Popular Colleges in India: NIRF Ranking, Fees, Salary, and Seat Availability
Over 5000 colleges in India offer MBA programs. Know the MBA popular colleges in India that are renowned to help students earn a high-paying job offer after graduation.
Anil Solonki15 Nov, 2023
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MBA Popular Colleges: When considering the best MBA institutions in India, candidates often think about IIMs. Although IIMs are renowned for offering high-quality MBA education, there are multiple other MBA popular colleges in India. Besides IIMs, notable institutions on this list include XLRI, IIT, ISB, FMS Delhi University, SPJIMR, MDI, IMT, and more.
Candidates seeking to pursue an MBA in India must know the details about all the MBA colleges to make a well-informed decision. Here is a comprehensive overview of the MBA popular colleges NIRF rankings, seat availability, fee, and average salary offered to MBA graduates.MBA Popular Colleges NIRF Ranking 2023
The NIRF is a methodology used by the government of India to evaluate and rank the prominent educational institutions. NIRF evaluates colleges and universities based on various parameters and publishes annual ranking lists for different courses. It stands out as the most reliable and widely recognised ranking agency in India. NIRF utilises five key parameters for ranking institutions across India:- Teaching, Learning & Resources
- Research and Professional Practice
- Graduation Outcomes
- Outreach and Inclusivity
- Perception
| College/University Name | Rank | NIRF Score |
| Indian Institute of Management Ahmedabad | 1 | 83.2 |
| Indian Institute of Management Bangalore | 2 | 80.89 |
| Indian Institute of Management Kozhikode | 3 | 76.48 |
| Indian Institute of Management Calcutta | 4 | 75.53 |
| Indian Institute of Technology Delhi | 5 | 74.14 |
| Indian Institute of Management Lucknow | 6 | 74.11 |
| NITIE Mumbai | 7 | 71.99 |
| Indian Institute of Management Indore | 8 | 71.95 |
| XLRI-Xavier School of Management, Jamshedpur | 9 | 70.75 |
| Indian Institute of Technology Bombay | 10 | 68.11 |
MBA Popular Colleges Seat Availability
Admission to premier MBA colleges in India requires candidates to clear specific MBA entrance exams and additional selection rounds like GE, WAT, and PI. After considering candidates' scores across different MBA selection rounds, the final merit list is created depending on availability of seats at colleges. The table below shows the MBA/PGDM seats available at popular MBA colleges:| MBA Popular Colleges | MBA/PGDM Seats |
| IIM Ahmedabad | 50 |
| IIT Delhi | 91 |
| IIM Bangalore | 645 |
| IIM Kozhikode | 480 |
| IIM Calcutta | 63 |
| IIM Indore | 451 |
| IIT Madras | 68 |
| IIM Lucknow | 436 |
| NITIE Mumbai | 398 |
| XLRI Jamshedpur | 480 |
MBA Popular Colleges Fee Details
The popular MBA colleges in India offer MBA courses in different specialisations with average annual fees ranging from Rs.50,000 to Rs.30 lakhs. Typically, the average MBA fees at renowned institutions like the top IIMs and leading private MBA colleges in India range between INR 20 lakhs to 23 lakhs annually. Here is the list of the prominent MBA colleges and their respective fee requirement:| College Names | MBA Fees |
| IIM Ahmedabad | INR 23,00,000 |
| IIM Indore | INR 21,14,000 |
| IIM Lucknow | INR 20,75,000 |
| IIT Madras | INR 9,14,000 |
| IIM Udaipur | INR 17,50,000 |
| IIT Delhi | INR 9,60,000 |
| IIT Bombay | INR 5,24,000 |
| IIT Kharagpur | INR 9,29,000 |
| IIT Roorkee | INR 8,28,000 |
| IIM Ranchi | INR 17,50,000 |
MBA Popular Colleges Offering Highest Salary
After completing an MBA degree from the best management institutes in India, candidates get rewarding placement offers. Most candidates receive a high salary at the most renowned and prestigious companies in India and abroad. The salary offered to candidates is generally very high as compared to the total MBA course fee. The table provided below shows the total MBA fee and annual package offered to candidates at MBA popular colleges:| College Name | Annual Average Package | Total Tuition Fee |
| IIM Ahmedabad MBA | INR 30 LPA | INR 25 lakh |
| IIM Kozhikode MBA | INR 27 LPA | INR 21 lakh |
| IIM Bangalore MBA | INR 33 LPA | INR 25 lakh |
| XLRI MBA | INR 30 LPA | INR 29 lakh |
| IIT Delhi MBA | INR 24 LPA | INR 11 lakh |
| IIM Lucknow MBA | INR 30 LPA | INR 13 lakh |
Top Recruiter ate MBA Popular Colleges
According to MBA placements 2023 , students from IIM Ahmedabad, IIM Kozhikode, IIM Bangalore, and IIT Delhi received the highest salary packages. The most known recruiters at these colleges include the following:| College Name | Top Recruiters |
| IIM Ahmedabad MBA |
|
| IIM Kozhikode MBA |
|
| IIM Bangalore MBA |
|
| IIT Delhi MBA |
|
MBA Popular Colleges FAQs
Which MBA program is considered the best?
MBA programs like finance and marketing help candidates get high-paying job roles. However, before selecting an MBA program, candidates should ensure it aligns with their professional objectives.
What is the fee structure at MBA popular colleges?
The fee structure in India varies with the MBA colleges. The MBA fee in India ranges between INR 20,000 to INR 40 lakhs.
What are the most popular MBA colleges in Kolkata?
There are numerous popular MBA colleges in Kolkata. These include IIM Calcutta, IISWBM, IMI, CU, and more.
Is the CAT exam obligatory for MBA admission?
CAT exam scores are accepted by multiple MBA colleges in India. Still, certain MBA institutes require candidates to clear specific MBA entrance exams such as XAT, SNAP, NMAT, MAT, etc.
Is an MBA beneficial for future career prospects?
Today, every business requires knowledgeable and skilled people in managerial positions. Having an MBA degree makes candidates eligible for these high-paying job roles.
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