List of Top Ranked MBA Colleges 2024
Discover the top-ranked MBA colleges 2024 in India, offering high quality education in the business sector. Know the city-wise best colleges and the highest package offered during college campus placements.
Anil Solonki15 Nov, 2023
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Top Ranked MBA Colleges 2024: India is known for housing premier MBA colleges. There are nearly 140 top MBA colleges spread across India. The major entrance exam scores accepted by the top ranked MBA colleges in India include CAT, GMAT, SNAP, XAT, and CMAT.
According to the NIRF ranking for 2023, notable MBA institutions in India include IIM Ahmedabad, IIM Calcutta, and IIM Bangalore, among others. However, the list of top MBA colleges in India extends beyond the 21 IIMs. Multiple private and government institutes like FMS Delhi, IIFT Delhi, NMIMS Mumbai, MBA departments of IITs, JBIMS Mumbai, XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, and others.Top Ranked MBA Colleges 2024 Highlights
The MBA stands as one of the most preferred postgraduate courses in India. Additionally, it acts as a gateway to a number of reputed and high-paying corporate job opportunities. This two-year program attracts students from diverse academic backgrounds, including Law, Business, Humanities, and Technology. Typically, an MBA degree spans over two years, comprising four semesters. However, certain private MBA institutions offer one-year PGDM courses. Here are the notable highlights of top-ranked MBA colleges in 2024:| Top MBA Colleges | 140 (Approx) |
| Top Specialisations |
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| Accepted Entrance Exams | CAT, SNAP, NMAT, XAT, CMAT, MAT, etc. |
| Programs offered | MBA PGDM |
Top Ranked Private MBA Colleges 2024
Here is the list of top private MBA colleges in India, featuring their total tuition fees and the corresponding entrance exam| Private MBA Colleges | Total Tuition Fee | Accepted Entrance Exam |
| XLRI | INR 29 lakh |
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| NMIMS Management MBA Admission | INR 12 lakh |
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| SPJIMR | INR 20 lakh |
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| Amity University Noida MBA Admission | INR 5 lakh |
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| MDI, Gurgaon | INR 25 lakh |
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| SIBM Pune | INR 22 lakh |
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| LPU | INR 8 lakh |
|
Top Ranked Government MBA Colleges 2024
Explore the list of distinguished public/government MBA colleges in India, featuring their total course fees/seat intake and the corresponding entrance exam/eligibility criteria:| MBA College Name | Total Tuition Fee | Entrance Exam |
| IIM Ahmedabad | INR 25 lakh |
|
| IIM Kozhikode | INR 21 lakh |
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| IIM Raipur | INR 14 lakh |
|
| IIT Delhi | INR 11 lakh |
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| IIM Bangalore | INR 25 lakh |
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| IIM Rohtak | INR 9 lakh |
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| IIM Lucknow | INR 13 lakh |
|
Top Ranked MBA Colleges 2024: Distance Course
Below is a list of the top-ranked distance MBA colleges in India, including their respective tuition fees:| Distance MBA Colleges | Total Tuition Fee |
| XLRI Xavier School of Management | INR 14 lakh |
| National Institute of Agricultural Extension Management | INR 15,000 |
| SRM Institute of Science and Technology | INR 60,000 |
| Indian Institute of Finance | INR 1.6 lakh |
| Neville Wadia Inst. of Management Studies and Research | INR 3.8 lakh |
| IGNOU | INR 62,000 |
Also Read: MBA Popular Colleges in India
City-wise Top Ranked MBA Colleges 2024
Here is a detailed overview of top ranked MBA colleges 2024 located in different Indian cities:Delhi/NCR
Delhi/NCR has many premier MBA colleges which hold a high position in the NIRF ranking list. The table below provides a detailed overview of the top MBA colleges in Delhi/NCR:| MBA College (NIRF Ranking) | Fee | Entrance Exam |
| IIM Rohtak (12) | INR 9 lakh |
|
| MDI Gurgaon (13) | INR 25 lakh |
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| JMI (25) | INR 47,000 |
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| IIFT Delhi (27) | INR 22 lakh |
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| Amity University Noida (28) | INR 5 lakh |
|
Bangalore
Bangalore is renowned for its IIM campus, which is the second-best MBA college in India. Apart from IIM Bangalore, there are numerous other MBA colleges in Bangalore, which are counted among the best management institutes in India. The following table includes an overview of the top MBA colleges in Bangalore, their NIRF ranking and total requirements:| MBA College (NIRF Ranking) | Fee | Entrance Exam |
| IIM Bangalore (2) | INR 25 lakh |
|
| Christ University (60) | NR 9 lakh |
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| Jain Deemed to be University (85) | INR 80,000 to INR 10.8 lakh |
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| Alliance School of Business (87) | INR 15 lakh |
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| Welingkar, Bangalore (101-125) | INR 13 lakh |
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Mumbai
The table below provides an in-depth overview of the top MBA colleges in Mumbai, including their NIRF ranking, total tuition fee, and entrance exams:| MBA College (NIRF Ranking) | Fee | Entrance Exam |
| IIM Mumbai (7) | INR 6 lakh |
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| SPJIMR (20) | INR 20 lakh |
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| NMIMS (21) | INR 12 lakh |
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| Welingkar, Mumbai | INR 14 lakh |
|
Kolkata
Here are the prominent MBA colleges in Kolkata with their NIRF ranking, entrance exam, and fee requirements:| MBA College (NIRF Ranking) | Fee | Entrance Exam |
| IIM Calcutta (4) | INR 31 lakh |
|
| International Management Institute (70) | INR 10 Lakh |
|
Top Ranked MBA Colleges 2024 Offering Highest Salary
Every candidate aims to join the top-ranked MBA colleges in 2024 for a high ROI. ROI for an MBA degree refers to the expected return candidates get in the form of a salaried job or profitability in business compared to the tuition fee required during an MBA degree. The following table outlines the best MBA colleges in India, presenting their total tuition fees and annual average packages:| College Name | Total Tuition Fee | Annual Average Package |
| IIM Ahmedabad | INR 25 lakh | INR 30 LPA |
| IIM Kozhikode | INR 21 lakh | INR 27 LPA |
| IIM Bangalore | INR 25 lakh | INR 33 LPA |
| IIM Lucknow | INR 13 lakh | INR 30 LPA |
| IIT Delhi | INR 11 lakh | INR 24 LPA |
| XLRI | INR 29 lakh | INR 30 LPA |
Top Ranked MBA Colleges 2024 FAQs
Which MBA college provides the best placement?
IIM Ahmedabad is known to provide the highest package to MBA graduates in India during campus placements.
Which is the ideal place for pursuing an MBA in India?
Mumbai is recognised as the prime destination for MBA education as it has excellent colleges which offer diverse placement opportunities. Other preferred cities and states for management education in India include Delhi/NCR, Bangalore, and Kolkata.
What is the average salary offered to MBA graduates at the top management colleges in India?
The average salary offered to graduates at top MBA colleges in India is INR 33 LPA. Some candidates get an even higher package.
Which MBA college is considered the best for Finance in India?
MBA in Finance is a highly sought-after specialisation in India. Over 2,000 business colleges offer this course. Among the top choices for MBA Finance in India are IIM Kozhikode, IIFT New Delhi, SP Jain Mumbai, and MDI Gurgaon.
Which MBA institution is ranked number 1 in the NIRF ranking?
IIM Ahmedabad is ranked first in the current year's NIRF ranking list. During the NIRF MBA college assessment process, IIM Ahmedabad topped the list by securing a score of 83.20.
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