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
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Top MBA Colleges in India include IIMs like IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIT Delhi, XLRI Jamshedpur, FMS and many more.
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IIM Ahmedabad has consecutively secured the first position in NIRF Rankings, while IIM Bangalore and IIM Calcutta received the second and third position respectively.
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Top MBA Colleges in Delhi include FMS, Department of Management Studies, IIT Delhi, IIFT, etc.
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Top MBA Colleges in Bangalore include but are not limited to IIM Bangalore, Christ University, Alliance University, etc.
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Admissions for Tier-1 colleges usually require qualifying marks in entrance exams like CAT, MAT, GMAT, XAT, SNAP, GRE and is followed by the round of GD/PI.
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The average fees of an MBA can range from Rs 50,000 to Rs 30,00,000.
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Top MBA Colleges with affordable fees in India include but are not limited to Allahabad University, Ranchi University, University of Rajasthan and many more.
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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
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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.
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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.
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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 - Applications Deadline
Institutes
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Exams Accepted
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Application Dates
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IIM Bangalore
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CAT/GMAT
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August 12 – January 06, 2023
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DMS (IIT Delhi)
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CAT/GMAT
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December 20 – January 31, 2023
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IIM Kozhikode
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CAT/GMAT
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December 09 – March 12, 2023
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IIM Lucknow (IPMX)
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CAT/GMAT
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November 15 – January 15, 202 3
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VGSOM (IIT Kharagpur)
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CAT/GMAT
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December 15 – February 05, 2023
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IIT Bombay
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CAT/GMAT
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January 2023
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IIM Jammu
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CAT/GMAT
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November 24 – January 23, 2023
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ISB, Hyderabad
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GRE/GMAT
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September
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JNU, New Delhi
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CAT
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January 21 – March 15, 2023
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Top MBA Colleges in India based on NIRF Rankings - 2023
Top 10 MBA Colleges in India with Fees
Here is a table showcasing the top 10 MBA colleges in India based on fees:
Institute
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Location
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Fees (INR)
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Indian School of Business (ISB)
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Hyderabad
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35,00,000 - 40,00,000
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Indian Institute of Management (IIM), Ahmedabad
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Ahmedabad
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25,00,000 - 28,00,000
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Indian Institute of Management (IIM), Bangalore
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Bangalore
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21,00,000 - 23,00,000
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Indian Institute of Management (IIM), Calcutta
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Kolkata
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21,00,000 - 23,00,000
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XLRI Xavier School of Management
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Jamshedpur
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20,00,000 - 22,00,000
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Indian School of Business (ISB)
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Mohali
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20,00,000 - 22,00,000
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Indian Institute of Management (IIM), Lucknow
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Lucknow
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17,00,000 - 19,00,000
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Indian Institute of Management (IIM), Kozhikode
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Kozhikode
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17,00,000 - 19,00,000
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Indian Institute of Technology (IIT) Delhi - Department of Management Studies
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New Delhi
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16,00,000 - 18,00,000
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Indian Institute of Technology (IIT), Bombay
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Mumbai
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14,00,000 - 16,00,000
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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
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Location
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Fees (INR)
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Exams Accepted
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Faculty of Management Studies, University of Delhi
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Delhi
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20,000
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CAT
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Indian Institute of Management (IIM), Lucknow
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Lucknow
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10 Lakh to 14 Lakh
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CAT
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Indian Institute of Management (IIM), Indore
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Indore
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16 Lakh to 20 Lakh
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CAT
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Management Development Institute
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Gurgaon
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9 Lakh to 24 Lakh
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CAT, GMAT, MDI Entrance Test
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Indian Institute of Foreign Trade
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Delhi
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5 Lakh to 15 Lakh
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IIFT Entrance Exam, GMAT
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Institute of Management Technology
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Ghaziabad
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14 Lakh to 25 Lakh
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CAT
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Indian Institute of Management (IIM), Kashipur
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Kashipur
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7.5 Lakh - 15.5 Lakh
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CAT
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Indian Institute of Technology (IIT) Delhi - Department of Management Studies
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New Delhi
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9.6 Lakh
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CAT
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Indian Institute of Management, Rohtak
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Rohtak
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15 Lakh - 29 Lakh
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CAT
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Department of Industrial and Management Engineering, IIT Kanpur
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Kanpur
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4 Lakh - 9 Lakh
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CAT
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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
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Duration
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Fees (INR)
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Exams Accepted
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Post Graduate Program in Management
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2 Years
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18.90 - 19.20 Lakh
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CAT
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Post Graduate Program in Enterprise Management
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2 Years
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14.00 - 14.20 Lakh
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CAT
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Post Graduate Program in Public Policy and Management
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1 Year
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16.20 - 16.40 Lakh
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CAT
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Indian School of Business, Hyderabad Campus
Courses offered
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Duration
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Fee
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Post Graduate Program in Management
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1 year
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20.40 - 20.80 Lakh
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T.A. Pai Management Institute
Courses offered
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Duration
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Fee
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Post Graduate Diploma in management
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2 years
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12.80 - 13.10 Lakh.
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Post Graduate Diploma in Banking and Financial services
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2 years
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12.90 - 13.20 Lakh
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Post Graduate Diploma in Human Resource Management
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2 years
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12.90 - 13.20 Lakh
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Indian Institute of Management, Kozhikode
Courses offered
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Duration
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Fee
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Post Graduate program of management
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2 years
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17.50 - 18.00 Lakh
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Executive Post Graduate Certificate in Strategic Management
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1 year
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02.50 - 02.60 Lakh
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Executive Post Graduate program in Management
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2 years
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10.00 - 10.20 Lakh
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Executive Post Graduate Certificate in Human Resource Management
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1 year
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02.50 - 02.70 Lakh
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Great Lakes Institute of Management, Chennai
Courses offered
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Duration
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Fee
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Post Graduate diploma in management
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2 years
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11.18 - 11.30 Lakh
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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
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Fees
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Indian Institute of Management (IMI), Calcutta
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11 Lakh - 22 Lakh
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Xavier Labour Relations Institute, Jharkhand
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8 Lakh - 20 Lakh
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International Management Institute, Kolkata
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14.5 Lakh (Approx)
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Rajiv Gandhi Institute of Management (IIM Shillong)
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13 Lakh
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Indian Institute of Management, Ranchi
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13 Lakh
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Indian Institute of Management, Sambalpur
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10 Lakh
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Indian Institute of Social Welfare & Business Management, Kolkata
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6 Lakh - 8 Lakh
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Tezpur University
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4 Lakh
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KIIT School of Management, Bhubaneswar
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12 Lakh
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NIT, Durgapur
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3 Lakh
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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
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Fees
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IIM, Ahmedabad
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20 Lakh - 28 Lakh
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SP Jain Institute of Management & Research, Mumbai
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5 Lakh
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Symbiosis Institute of Business Management -Pune
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8 Lakh - 10 Lakh
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Indian Institute of Management - Indore
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18 Lakh - 19 Lakh
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Goa Institute of Management, Goa
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18 Lakh - 19 Lakh
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Indus Business School
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9 Lakh - 12 Lakh
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National Insurance Academy
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10 Lakhs (Approx)
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MIT School of Business, Pune
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7.5 Lakh - 12 Lakh
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Institute of Management Technology, Nagpur
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8.5 Lakh - 14.5 Lakh
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Universal School Business, Bairagad
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12 Lakh - 20 Lakh
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Hope this will provide you with insights and will help you in taking an informed decision. You can find more colleges here: