Let's come to the main question: What are the Top MBA Colleges In India? There are a total of 3978 recognizable MBA colleges are spread across the country and some of the Top MBA Colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Kolkata, Indian Institute of Technology Delhi, and FMS Delhi among others. If a candidate wishes to get admission into these colleges, they need to get a good score/percentile in exams like CAT, MAT, XAT, GMAT, and CMAT. The admission process includes a Group Discussion and Personal Interview round after the entrance exam.
Before heading towards the Top MBA Colleges in India, lets Find out more about MBA as a course.
MBA is a postgraduate degree of 2 years. It has specialisations in Marketing, Finance, HR, Operations, IT, and Business Analytics. A student having an MBA degree is well-equipped to excel and reach new heights in his/her career. The Average Salary that the students tend to get after an MBA is INR 8-30 LPA. The most widely accepted and renowned exam for MBA is CAT, i.e. Common Admission Test. Other than CAT colleges also accept MAT, GMAT, XAT, CMAT, and NMAT.
The Top Recruiters coming to these colleges for placements are Amazon, Accenture, Paytm, Mckinsey, Deloitte etc. The Average Package provided by these colleges ranges between 7 to 15 LPA.
Top MBA College In Indian According to NIRF Rankings
NIRF releases its rankings every year and the colleges are ranked out of 100. There are certain parameters on which these colleges are ranked such as graduation outcomes, outreach, academic performance, teaching, faculty etc. According to the NIRF Rankings 2023, IIM Ahmedabad is the highest-ranked MBA college in India and it has retained its 1st position since the last three years. IIM Ahmedabad is followed by IIM Bangalore, IIM Kozhikode and other IIMs in the NIRF Rankings. The table below presents the NIRF Rankings of the top MBA colleges in India from the past three years starting from 2021 to 2023.
|
College Name |
NIRF 2021 |
NIRF 2022 |
NIRF 2023 |
|
1 |
1 |
1 |
|
|
2 |
2 |
2 |
|
|
4 |
5 |
3 |
|
|
3 |
3 |
4 |
|
|
5 |
4 |
5 |
|
|
7 |
6 |
6 |
|
|
12 |
9 |
7 |
|
|
6 |
7 |
8 |
|
|
12 |
12 |
9 |
|
|
10 |
11 |
10 |
Eligibility Criteria Of Top MBA Colleges
The MBA eligibility criteria is different for almost every college. The general eligibility criteria have been listed below for the candidates:
- Candidates must have graduated from a recognized college/university.
- Candidates must have cleared the entrance exams such as CAT, XAT, GMAT etc. with good grades.
- Reserved categories like OBC, SC/ST etc. are given a relaxation of 5%.
The following table provides the aspiring candidates with an overall view of admission criteria and also tells them about the eligibility, Cut-offs and exams accepted by the op MBA colleges.
|
College Name |
Exams Accepted |
Cut-off |
Eligibility Criteria |
|
IIM Ahmedabad |
CAT |
99 |
Graduation with 50% aggregate |
|
IIM Bangalore |
CAT |
99 |
Graduation with 50% aggregate (45 % for SC/ST students) |
|
IIM Rohtak |
CAT, IPM Aptitude Test |
95 |
Class 12 with 60% aggregate |
|
XLRI Jamshedpur |
XAT & GMAT |
96 |
Graduation with a minimum aggregate of 50% |
|
DMS IIT Delhi |
CAT |
98.04 |
Graduation with 60% aggregate |
|
IIM Kozhikode |
CAT & EMAT |
97 |
Graduation with 50% aggregate |
|
MDI Gurgaon |
CAT, XAT, MAT, and GMAT |
93-95 |
Graduation with 50% aggregate |
|
Lovely Professional University |
LPU NEST, MAT, XAT, CAT, etc. |
95 |
Class 12 with 60% and graduation with 55% aggregate |
|
Amity University |
MAT, XAT, CAT, NMAT, etc. |
85 |
Class 12 with 70% and graduation with 60% aggregate |
|
IIFT Delhi |
CAT, GMAT & IPMAT |
GMAT: 650 |
Bachelor's degree with an aggregate of 50% |
Highlights Of Top MBA Colleges in India
MBA or Master of Business Administration is one of the most highly demanded courses in the country. The duration of a regular MBA program is 2 years and it has a total of 4 semesters. A student from any background can pursue an MBA degree. Students can refer to the table below which provides a summary of the top MBA colleges in India.
|
Parameters |
Particulars/Statistics |
|
No. of MBA Colleges |
100+ |
|
Top MBA Colleges |
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, etc. |
|
Top Distance MBA Colleges |
XLRI Xavier School of Management, SRM Institute of Science and Technology, IGNOU, etc. |
|
Annual Fees |
INR < 1 lakh: 7 Colleges INR 1-2 lakh: 5 Colleges INR 2-3 lakh: 6 Colleges INR 3-5 lakh: 8 Colleges INR > 5 lakh: 76 Colleges |
|
Top Specialisations |
Sales and Marketing, Finance, Human Resources, Operations, IT and Systems, etc. |
|
Accepted Entrance Exams |
CAT, XAT, CMAT, MAT, etc. |
|
No. of IIMs in India |
21 |
Top 10 MBA Colleges in India
IIM Ahmedabad, IIM Bangalore and IIM Calcutta are ranked among the top 10 engineering colleges in India. To get an overview of these top engineering institutions, students can check the table provided below which discusses in detail about the total number of seats they offer, the CAT Cutoff of the previous year and the Total Course Fees charged by them.
|
Top 10 MBA Colleges in India |
Total Seats |
CAT 2023 Cutoff |
Total Course Fees(INR) |
|
IIM Ahmedabad |
385 |
99 |
INR 25 lakh |
|
IIM Bangalore |
565 |
99 |
INR 24.5 lakh |
|
IIM Calcutta |
462 |
99 |
INR 27 lakh |
|
DMS IIT Delhi |
91 |
98 |
INR 11.2 lakh |
|
IIM Kozhikode |
525 |
97 |
INR 12 lakh |
|
IIM Lucknow |
490 |
90 |
INR 14.3 lakh |
|
IIM Indore |
450+150 |
90 |
INR 21.17 lakh |
|
XLRI Jamshedpur |
1310 |
92 |
INR 24.20 lakh |
|
IIM(NITIE) Mumbai |
550 |
97 |
INR 21 lakh |
|
IIT Madras |
68 |
85 |
INR 8.92 lakh |
Tier-1 MBA Colleges in India
There are over 3000 MBA colleges in India. These colleges are categorized into different tiers such as tier 1, tier 2, and tier 3 on the grounds of their academic excellence, faculty etc. The table discusses about the colleges that are there in tier 1 along with their fees and exams accepted.
|
College Name |
Average Fees |
Admission Criteria |
|
IIM Ahmedabad |
INR 25,00,000 (Total) |
CAT/GMAT/GRE |
|
IIM Bangalore |
INR 24,50,000 (Total) |
CAT/GMAT |
|
IIM Calcutta |
INR 27,00,000 (Total) |
CAT/GMAT |
|
IIM Kozhikode |
INR 20,50,000 (Total) |
CAT/GMAT/GRE |
|
XLRI Xavier School of Management |
INR 14,30,000 |
XAT/GMAT |
|
FMS Delhi |
INR 1,00,000 |
CAT |
|
SP Jain Mumbai |
INR 24,00,000 (Total) |
CAT |
|
IIM Lucknow |
INR 10,95,000 |
CAT/GMAT |
|
IIT Indore |
INR 9,04,711 |
CAT |
|
JBIMS Mumbai |
INR 3,50,000 |
CAT |
Top Government MBA Colleges in India
The top government MBA colleges in India are IIM Ahmedabad, IIM Bangalore and IIT Delhi. The tuition fees of public engineering colleges are considerably low. The top government MBA colleges are well-known for their better placement opportunities. The table presented below shows the course fees and exam accepted by these top MBA colleges.
|
College Name |
Total Course Fees |
Admission Criteria |
|
IIM Ahmedabad |
INR 25 lakh |
Entrance Exam: CAT Graduation with 50% aggregate |
|
IIM Bangalore |
INR 25 lakh |
Entrance Exam: CAT Graduation with 50% aggregate (45 % for SC/ST students) |
|
IIT Delhi |
INR 11.2 lakh |
Entrance Exam: CAT Graduation with 60% aggregate |
|
IIM Kozhikode |
INR 12 lakh |
Entrance Exam: CAT, EMAT Graduation with 50% aggregate |
|
IIM Lucknow |
INR 14.3 lakh |
Entrance Exam: CAT Graduation with 50% aggregate |
|
IIM Raipur |
INR 18 lakh |
Entrance Exam: CAT Graduation with 50% aggregate |
|
IIM Rohtak |
INR 17.9 lakh |
Entrance Exams: CAT, IPM Aptitude Test Class 12 with 60% aggregate |
|
FMS Delhi |
INR 2,00,000 |
Entrance Exam: CAT Graduation with 50% aggregate |
|
Banaras Hindu University |
INR 70,000 |
Entrance Exam: CAT Graduation with 50% aggregate |
|
SJMSOM, IIT Bombay |
INR 14.27 lakh |
Entrance Exam: CAT Graduation with 60% aggregate |
Top Private MBA Colleges in India
The top private MBA colleges in India are XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, IIFT Delhi, IMT Ghaziabad etc. The tuition fees charged by these colleges is slightly more but they offer world-class infrastructure, better placement opportunities and many other facilities to their students. Students can get admission to these top colleges by clearing the government exams such as XAT, GMAT, CAT, MAT etc. The total course fee of these colleges ranges between 8 to 33.77 lakh. The table presented below shows the course fees and exam accepted by these top private MBA colleges.
|
College Name |
Total Course Fees |
Admission Criteria |
|
XLRI Jamshedpur |
INR 24.2 lakh |
Entrance Exams: XAT, GMAT Graduation with a minimum aggregate of 50% |
|
SPJIMR Mumbai |
INR 24 lakh |
Entrance Exam: CAT Graduation with 50% aggregate |
|
MDI Gurgaon |
INR 25 lakh |
Entrance Exams: CAT, XAT, MAT, GMAT Graduation with 50% aggregate |
|
SIBM Pune |
INR 26.8 lakh |
Entrance Exam: SNAP Bachelor's degree with an aggregate of 50% |
|
IIFT Delhi |
INR 33.77 lakh |
Entrance Exam: CAT & IPMAT Bachelor's degree with an aggregate of 50% |
|
SBM NMIMS Mumbai |
INR 24.9 lakh |
Entrance Exam: NMAT Graduation with 55% aggregate |
|
Amity University, Noida |
INR 15.56 lakh |
Entrance Exams: MAT, XAT, CAT, NMAT, etc. Class 12 with 70% and graduation with 60% aggregate |
|
IMT Ghaziabad |
INR 21.53 lakh |
Entrance Exams CAT, XAT, and GMAT Bachelor's degree with a 50% aggregate |
|
Lovely Professional University |
INR 8 lakh |
Entrance Exams: LPU NEST, MAT, XAT, CAT, etc. Class 12 with 60% and graduation with 55% aggregate |
|
KJ Somaiya Institute of Management |
INR 17.27 lakh |
Entrance Exams: CAT, XAT, CMAT, GMAT, & NMAT Bachelor's degree with a 50% aggregate |
ROI of Top MBA Colleges in India
ROI is one of the most crucial factors for a student before choosing a college. IIM Ahmedabad provides the highest average package of 32 lacs. The total fees of these colleges range between 11 to 29 lacs. Students can check the following table which shows the total tuition fee, average annual package of each and every college.
|
College Name |
Total Tuition Fee |
Annual Average Package |
|
IIM Ahmedabad MBA |
INR 25 lakh |
INR 32 LPA |
|
IIM Bangalore MBA |
INR 25 lakh |
INR 32 LPA |
|
IIT Delhi MBA |
INR 11 lakh |
INR 24 LPA |
|
IIM Kozhikode MBA |
INR 21 lakh |
INR 27 LPA |
|
IIM Lucknow MBA |
INR 13 lakh |
INR 30 LPA |
|
XLRI MBA |
INR 29 lakh |
INR 30 LPA |
Highest Placement Offered by Top MBA Colleges in India
The highest placement was offered by IIM Ahmedabad which was of INR 32 LPA, followed by IIM Bangalore and IIM Kozhikode. The top recruiters that come to these colleges for the campus placements are Boston Consultancy, TCS, Axis Bank, Larson and Toubro, Amazon, Accenture etc. The table shown below consists of placement packages offered by the top MBA colleges in India along with the top recruiters.
|
College Name |
Placement Package |
Top Recruiters |
|
IIM Ahmedabad MBA Placements |
INR 32 LPA |
Boston Consultancy, TCS, Axis Bank, Larson and Toubro, Amazon, Sunsilk, etc. |
|
IIM Bangalore MBA Placements |
INR 32 LPA |
Accenture, Amazon, Paytm, Microsoft, Vedanta, Mckinsey, Nielsen Bangalore, etc. |
|
IIT Delhi MBA Placements |
INR 24 LPA |
RB, Synergy Consulting, Wipro, ICICI Bank etc.. |
|
IIM Kozhikode MBA Placements |
INR 27 LPA |
Microsoft, TCS, HCL, Accenture, Amazon, Deloitte, Capgemini, Cognizant, etc. |
