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Top MBA Colleges in India - 2023 NIRF Rankings, Fees and Placements

MBA is one of the prestigious postgraduate programs frequently sought by individuals of varied backgrounds and demographics. MBA provides students with the skills necessary to have in business management and leadership roles. 

MBA programs are designed to prepare students for leadership roles in various industries, including finance, marketing, consulting, entrepreneurship, and more. MBA programs typically cover a wide range of business topics, including accounting, finance, marketing, operations, human resources, strategy, leadership, and entrepreneurship.

 

Top MBA Colleges in India; Highlights

  • Top MBA Colleges in India include IIMs like IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIT Delhi, XLRI Jamshedpur, FMS and many more.

  • IIM Ahmedabad has consecutively secured the first position in NIRF Rankings, while IIM Bangalore and IIM Calcutta received the second and third position respectively. 

  • Top MBA Colleges in Delhi include FMS, Department of Management Studies, IIT Delhi, IIFT, etc. 

  • Top MBA Colleges in Bangalore include but are not limited to IIM Bangalore, Christ University, Alliance University, etc. 

  • Admissions for Tier-1 colleges usually require qualifying marks in entrance exams like CATMATGMATXATSNAPGRE and is followed by the round of GD/PI.

  • The average fees of an MBA can range from Rs 50,000 to Rs 30,00,000. 

  • Top MBA Colleges with affordable fees in India include but are not limited to Allahabad University, Ranchi University, University of Rajasthan and many more. 

  • Students often aim for Top Management Colleges as they allow you to develop your skill set in order to match the economy-oriented skill demands, provide you with placement assistance and lucrative career opportunities.

 

Top MBA Colleges in India - Snapshot

 

Criteria

Exams

Some of India's best colleges also accept state-level entrance exams such as KMAT, MAH CET, TANCET, UPSEE, and others. To admit students, some colleges administer university-level entrance tests such as SNAP and LPUNEST.

Eligibility

Candidates must have a minimum of 50% aggregate scores from a recognised institute.
A minimum of 60% aggregate marks is required for admission to the best MBA colleges.
Colleges need candidates to have 2 to 3 years of work experience for specialisations.

Candidat must have a minimum of 50% aggregate scores from a recognised institute.
A minimum of 60% aggregate marks is required for admission to the best MBA colleges.
Colleges need candidates to have 2 to 3 years of work experience for specialisations.
Return on Investment MBAs provide a high Return on Investment (higher packages in placement as compared to the fees invested) when enrolled in reputed college. IIMs have got a reputation of providing holistic experience for aspirants and excellence placement packages.
Specialization MBA Specializations help students to explore and progress in their interests and capture the essence of fields. MBA has started to diverge into innovative budding branches such as Data Analytics, Food Technology, Artificial Intelligence, etc.

Top-MBA-Colleges-in-India

Top MBA Colleges in India - Applications Deadline

 

Institutes

Exams Accepted

Application Dates

IIM Bangalore

CAT/GMAT

August 12 – January 06, 2023

DMS (IIT Delhi)

CAT/GMAT

December 20 – January 31, 2023

IIM Kozhikode

CAT/GMAT

December 09 – March 12, 2023

IIM Lucknow (IPMX)

CAT/GMAT

November 15 – January 15, 202 3

 VGSOM (IIT Kharagpur)

CAT/GMAT

December 15 – February 05, 2023

IIT Bombay

CAT/GMAT

January 2023

IIM Jammu

CAT/GMAT

November 24 – January 23, 2023

ISB, Hyderabad

GRE/GMAT

September

JNU, New Delhi

CAT

January 21 – March 15, 2023

 

Top MBA Colleges in India based on NIRF Rankings - 2023

 

Institute

NIRF Rankings

Indian Institute of Management, Ahmedabad

1

Indian Institute of Management, Bangalore

2

Indian Institute of Management, Calcutta

3

Indian Institute of Technology, Delhi

4

Indian Institute of Management, Kozhikode

5

Indian Institute of Management, Lucknow

6

Indian Institute of Management, Indore

7

XLRI - Xavier School of Management

8

National Institute of Industrial Engineering, Mumbai

9

Indian Institute of Technology, Chennai

10

 

Top 10 MBA Colleges in India with Fees

Here is a table showcasing the top 10 MBA colleges in India based on fees:

Institute

Location

Fees (INR)

 Indian School of Business (ISB)

Hyderabad

35,00,000 - 40,00,000

Indian Institute of Management (IIM), Ahmedabad

 Ahmedabad 

25,00,000 - 28,00,000

Indian Institute of Management (IIM), Bangalore

Bangalore

21,00,000 - 23,00,000

Indian Institute of Management (IIM), Calcutta

Kolkata

21,00,000 - 23,00,000

XLRI Xavier School of Management

Jamshedpur

20,00,000 - 22,00,000

Indian School of Business (ISB)

Mohali

20,00,000 - 22,00,000

Indian Institute of Management (IIM), Lucknow

Lucknow

17,00,000 - 19,00,000

Indian Institute of Management (IIM), Kozhikode

Kozhikode

17,00,000 - 19,00,000

Indian Institute of Technology (IIT) Delhi - Department of Management Studies

New Delhi

16,00,000 - 18,00,000

Indian Institute of Technology (IIT), Bombay

Mumbai

14,00,000 - 16,00,000

 

Please note that the fees mentioned in the table are approximate and may vary from year to year. It's always recommended to visit the official websites of the respective colleges for the most up-to-date and accurate fee information.

 

Top MBA Colleges in India (North-Zone) 

 

MBA Colleges in North India have provided us with some of the best colleges in the country offering state of the art infrastructure and well-rounded education to aspirants. If you are interested in pursuing an MBA, then you must try out reading about these colleges.

 

Institute

Location

Fees (INR)

Exams Accepted

 Faculty of Management Studies, University of Delhi

Delhi

20,000

CAT

Indian Institute of Management (IIM), Lucknow

Lucknow

10 Lakh to 14 Lakh

CAT

Indian Institute of Management (IIM), Indore

Indore

16 Lakh to 20 Lakh

CAT

Management Development Institute 

Gurgaon

9 Lakh to 24 Lakh

CAT, GMAT, MDI Entrance Test

Indian Institute of Foreign Trade

Delhi

 5 Lakh to 15 Lakh 

IIFT Entrance Exam, GMAT

Institute of Management Technology

Ghaziabad

14 Lakh to 25 Lakh

CAT

Indian Institute of Management (IIM), Kashipur

Kashipur

7.5 Lakh - 15.5 Lakh

CAT

Indian Institute of Technology (IIT) Delhi - Department of Management Studies

New Delhi

9.6 Lakh

CAT

Indian Institute of Management, Rohtak

Rohtak

15 Lakh - 29 Lakh

CAT

Department of Industrial and Management Engineering, IIT Kanpur

Kanpur 

4 Lakh - 9 Lakh

CAT

 

Top MBA Colleges in India (South-Zone) 

 

Southern India is well known for being the knowledge hub of India and sporting the highest literacy rate in India. Southern India is famous for being advanced in technology and using management theories and fundamentals to uplift the economy. Aspirants pursuing MBA from Southern India are able to gather a pool of knowledge in order to be more career-centric rather than industry-centric. Some of examples of the colleges, we consider can provide you the exposure for your growth are: 

 

Indian Institute of Management, Bengaluru

Courses Offered

 Duration 

Fees (INR)

Exams Accepted

Post Graduate Program in Management

2 Years

18.90 - 19.20 Lakh

CAT

Post Graduate Program in Enterprise Management

2 Years

14.00 - 14.20 Lakh

CAT

Post Graduate Program in Public Policy and Management

1 Year

16.20 - 16.40 Lakh

CAT

 

Indian School of Business, Hyderabad Campus

Courses offered

 Duration 

Fee

Post Graduate Program in Management

1 year

20.40 - 20.80 Lakh

 

T.A. Pai Management Institute

Courses offered

 Duration 

Fee

Post Graduate Diploma in management

2 years

12.80 - 13.10 Lakh.

Post Graduate Diploma in Banking and Financial services

2 years

12.90 - 13.20 Lakh

Post Graduate Diploma in Human Resource Management

2 years

12.90 - 13.20 Lakh

 

Indian Institute of Management, Kozhikode

Courses offered

 Duration 

Fee

Post Graduate program of management

2 years

 17.50 - 18.00  Lakh

Executive Post Graduate Certificate in Strategic Management

1 year

02.50 - 02.60 Lakh

Executive Post Graduate program in Management

2 years

10.00 - 10.20 Lakh

Executive Post Graduate Certificate in Human Resource Management

1 year

02.50 - 02.70 Lakh

 

Great Lakes Institute of Management, Chennai

Courses offered

 Duration 

Fee

Post Graduate diploma in management

2 years

11.18 - 11.30 Lakh

 

Top MBA Colleges in India (East-Zone)

 

MBA Colleges in India are known to provide an all-rounded experience along with holistic nurturing of skill sets and knowledge in curious aspirants. People across the country enrol themselves in these colleges to yield high ROI. 

Choosing the best right college for your goals can provide you with a kickstart and hence we have curated a list of Top 10 MBA Colleges in East India. Have a look at it. 

 

Institute 

Fees

Indian Institute of Management (IMI), Calcutta

11 Lakh - 22 Lakh

Xavier Labour Relations Institute, Jharkhand

8 Lakh - 20 Lakh

International Management Institute, Kolkata

14.5 Lakh (Approx)

Rajiv Gandhi Institute of Management (IIM Shillong)

13 Lakh

Indian Institute of Management, Ranchi 

13 Lakh

Indian Institute of Management, Sambalpur

10 Lakh

Indian Institute of Social Welfare & Business Management, Kolkata

6 Lakh - 8 Lakh 

Tezpur University

4 Lakh

KIIT School of Management, Bhubaneswar

12 Lakh

NIT, Durgapur

3 Lakh

 

Top MBA Colleges in India (West - Zone)

Mumbai is one of the most significant and well-known cities in the West Zone of India. Mumbai, widely known as the financial centre of India, is highly recognised for its economy and commercial environment. Given the wealth in the West Zone of India, colleges and universities work hard to implement leading-edge teaching and learning approaches. 

We've compiled a list of the Top 10 Colleges in India (West-Zone) to make things easier. 

Institute 

Fees

IIM, Ahmedabad

20 Lakh - 28 Lakh

SP Jain Institute of Management & Research, Mumbai

5 Lakh

Symbiosis Institute of Business Management -Pune

8 Lakh - 10 Lakh

Indian Institute of Management - Indore

18 Lakh - 19 Lakh

Goa Institute of Management, Goa

18 Lakh - 19 Lakh

Indus Business School

9 Lakh - 12 Lakh

National Insurance Academy

10 Lakhs (Approx)

MIT School of Business, Pune

7.5 Lakh - 12 Lakh 

Institute of Management Technology, Nagpur

8.5 Lakh - 14.5 Lakh

Universal School Business, Bairagad

12 Lakh - 20 Lakh

 

Hope this will provide you with insights and will help you in taking an informed decision. You can find more colleges here: 

Top MBA Colleges in Noida 

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Top MBA Colleges in West Bengal

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