Top 10 Government MBA Colleges in India: Rankings, Fees, Admission Process

Top 10 Government MBA Colleges in India: Rankings, Fees, Admission Process

9 mins read1.3L Views 3 Comments
clickHere
Vipra
Vipra Shrivastava
Senior Manager - Content
Updated on Nov 8, 2023 17:41 IST

Top government MBA colleges in India include the IIMs and IITs. Get all the information related to admission, fees, process, ranking and placements of top government MBA colleges in India.

top govt MBA colleges in India

MBA is an expensive degree. The average fee of an MBA programme from a well-recognised institute is between INR 5 lakh to INR 25 lakh. However, the MBA programme from a government college doesn’t hurt the pocket so much. Since the government MBA colleges are financially aided by the Government of India, the fee is comparatively low. But that definitely doesn’t mean that government MBA colleges are below par with private MBA colleges. In fact, some of the top MBA colleges in India are government institutions and they are on par with private MBA colleges in terms of infrastructure, pedagogy, syllabus, faculty and placements.

The top government MBA colleges in India include the IIMs but their fee is high. Other top ranked government MBA colleges in India include Department of Management Studies of IIT Delhi, IIT Kharagpur, IIT Bombay and IIT Madras. Read below to know the top government MBA colleges in India and related details.

Eligibility Criteria for Admission to Top Government MBA Colleges

Having a Masters of Business Administration or MBA degree is necessary in today's competitive world. This post-gradaute management programme is helpful in developing organizational skills, business acumen and leadership qualities which are necessary to run a business enterprise or perform managerial responsibilities in all domains and industries.Given below are the eligibility criteria for MBA:

  • For pursuing an MBA degree course, applicants must have a three-year Bachelor's degree in any discipline or equivalent qualification with a minimum 50 per cent aggregate marks
  • Applicants belonging to reserved categories can apply for MBA with a Bachelor's degree with a minimum of 45 per cent aggregate marks
  • Candidates who have completed professional courses such as CA, CS, CMA, etc. are also eligible to pursue MBA
  • Working professionals with two or more years of experience from any field are also eligible to pursue MBA

Top Government MBA Colleges in India

Although the IIMs are autonomous institutions, they fall under the category of government institutions as they are regulated and monitored by a panel appointed by the Ministry of Education. Check below, the top 10 government MBA colleges in India as per National Institute Ranking Framework (NIRF) rankings 2023:

Top Government MBA Colleges

NIRF Rankings 2023

Indian Institute of Management Ahmedabad

1

Indian Institute of Management Bangalore

2

Indian Institute of Management Kozhikode

3

Indian Institute of Management Calcutta

4

IIT Delhi – Department of Management Studies

5

Indian Institute of Management Lucknow

6

NITIE or IIM Mumbai 

7

Indian Institute of Management Indore

8

IIT Bombay-SJMOSOM

10

IIM Raipur 11

Also Read: Top 30 Government Colleges in India

Top Government MBA Colleges in India: Admission Process and Fees

MBA admission includes Group Discussion (GD), Written Ability Test (WAT) and Personal Interview (PI). Given below is the table indicating top government colleges in India based on NIRF Rankings 2023 and their selection criteria as well as course fee: 

Top MBA College

Selection Criteria and Cut Offs

MBA Course Fee

Indian Institute of Management Ahmedabad

CAT WAT and PI

99 percentile

INR 23 lakh

Indian Institute of Management Bangalore

CAT WAT and PI

99 percentile

INR 23 lakh

Indian Institute of Management Kozhikode

CAT WAT and PI

99 percentile

INR 19.00 lakh

Indian Institute of Management Calcutta

CAT WAT and PI

99 percentile

INR 23 lakh

IIT Delhi – Department of Management Studies

CAT GD, WAT and PI

90 percentile

INR 9.60 lakh

Indian Institute of Management Lucknow

CAT WAT and PI

98-99 percentile

INR 19.00 lakh

NITIE or IIM Mumbai

CAT WAT and PI

98-99 percentile

INR 8.50 lakh

Indian Institute of Management Indore

CAT WAT and PI

98-99 percentile

INR 17.07 lakh

IIT Bombay-SJMOSOM

CAT GD, WAT and PI

90 percentile

INR 8.67 lakh

IIM Raipur

CAT GD, WAT and PI

95 percentile

INR 14.2 lakh

Read More:

MBA Entrance Exams

MBA admission in India is largely based on entrance exam scores. 90 per cent of the management institutions in India accept the candidature of a student on the basis of a national-level, state-level or institute-level entrance exam score. Below mentioned are some popular national-level MBA entrance exams:

Common Admission Test (CAT)

The Common Admission Test (CAT) conducted by IIMs is the most popular MBA entrance exam in India. CAT score is valid for admission to over 1,300 MBA colleges in India. About 2.5 lakh students apply for CAT every year.

Also Read: Colleges Accepting CAT score

Common Management Aptitude Test (CMAT)

The Common Management Admission Test or CMAT is an AICTE approved entrance exam conducted by the NTA. The CMAT score is accepted by over 1,300 B-schools across India including ISM Dhanbad, SIMSREE Mumbai, NIT Durgapur, GLIM Chennai, GIM Goa, Jaipuria Institute of Management Lucknow and so on.

Also Read: Colleges Accepting CMAT score

Graduate Management Admission Test (GMAT)

The Graduate Management Aptitude Test or GMAT is a global MBA entrance exam conducted by Graduate Management Admission Council (GMAC). In India, many top B-Schools accept GMAT score for admission, prominent ones being, XLRI Jamshedpur and ISB Hyderabad.

Also Read: Colleges Accepting GMAT score

Management Aptitude Test (MAT)

Conducted by the All India Management Association (AIMA), MAT is another popular MBA entrance exam which is conducted multiple times a year. The MAT score is accepted by over 800 MBA colleges in India. Some of the MAT accepting colleges include Alliance School of Business Bangalore, Amity University Noida, IBMR Bangalore, EMPI New Delhi, NILM Delhi, SCMS Cochin, IRM Jaipur and others.

Also Read: Colleges Accepting MAT score

AIMS Test for Management Admissions (ATMA)

Conducted by the Association of Indian Management Schools (AIMS), ATMA is a national entrance exam conducted four times a year. Some of the best B-Schools that accept ATMA scores are MSM Meerut, Institute of Business Management & Research (IBMR IPS) and International School of Business & Media, Pune.

Also Read: Colleges Accepting ATMA score

Xavier Admission Test (XAT)

The Xavier Aptitude Test or XAT is conducted by XLRI Jamshedpur for admission into its PGDM programmes. Apart from XLRI, XAT score is valid for admission to about 800 MBA colleges in India.  Some of the colleges that accept XAT score for admission include XIM Bhubaneswar, GIM Goa, XISS, BITS-Pilani, Christ University, FORE Institute of Management, etc.

Also Read: Colleges Accepting XAT score

Planning to study MBA in India? Find useful insights & emerging trends on student preferences for MBA colleges, locations and more.

Download Free Shiksha MBA Guide

CAT 2023 exam will be held on November 26. Get latest updates on CAT Exam!

CAT 2023 Latest Updates

FAQs on Top MBA Government Colleges in India

Q: Which are some of the top Government MBA colleges?

A: According to the NIRF rankings 2023, some of the top Government MBA colleges are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, IIM Indore and IIM Lucknow and Department of Management Studies of IITs. These colleges are top ranked for pedagogy, infrastructure, placements and ROI.

Q: What is the admission process of Government MBA colleges?

A: MBA aspirants seeking admission in a Government MBA college should first fill up the application form and appear in at least one MBA entrance exam which is accepted by the institute. If shortlisted, they will be called for the final round of the admission process, which will be either Group Discussion (GD) or Writing Ability Test (WAT) and Personal Interview (PI) or Counselling.

Q: Which are the MBA entrance exams accepted by the Government MBA colleges?

A: The top MBA entrance exam scores accepted by the Government MBA colleges include CAT, CMAT, MAT, XAT and ATMA among others. Maximum top government colleges for MBA accept CAT or CMAT score. Thus, if you're planning to pursue MBA from a government institution you must appear for CAT and CMAT exams.

Q: Is counselling the only way of conducting the final admission at the Government MBA colleges?

A: The final admission process is done in two methods, GD/WAT, PI and counselling. While the participating institutes of the state-level MBA entrance exams resort for a centralised counselling process, other institutes conduct Group Discussion or Writing Ability Test (essay writing) and Personal Interview rounds for the shortlisted candidates.

Q: What is the fee range for studying MBA at Government colleges?

A: The fee range of Government MBA colleges is quite varied. While the MBA course fee of FMS Delhi is as low as INR 40,000 (approximate). However, the fee of IIMs is between INR 13 lakh to Rs 23 lakh.

Q: Do Government MBA colleges offer placement support to the students?

A: Yes, Government MBA colleges conduct the placement process at the end of the second year of the two-year full-time programme. Top companies across industry sectors participate in the placement process to recruit MBA graduates for multiple functions across India and abroad.

Q: Which of the Government MBA colleges offer the highest salary?

A: Some of the Government B-schools which register high salary figures at the placement processes are the old IIMs such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, IIN Kozhikode, IIM Lucknow, FMS Delhi, etc.

Q: Shall I join a Tier-2 Government MBA college or a top private B-School?

A: Choosing the right B-School is crucial and multiple parameters are weighed before zeroing down on a particular institute. Some of the key factors of choosing the right B-School include the institute’s overall repute, fees, faculty, pedagogy, etc. If an aspirant finds these factors are matching better in a top private B-School as compared to a mid-tier Government MBA college, then s/he should opt for the top private B-School instead of the latter.

Q: What are the advantages of studying in a Government MBA college?

A: Some of the advantages of studying in a Government MBA colleges include affordable fee structure, recognition, placements, to name a few. Moreover, pursuing MBA also gives a chance to go for a PhD in a specialisation of their choice.

Q: Is the course curriculum same in the Government MBA colleges and the private MBA colleges?

A: The MBA curriculum is more or less the same in Government as well as private MBA colleges. What matters most in this regard is how often the curriculum is updated. In this regard, private colleges are a notch higher in terms of updating and upgrading the MBA curriculum.

Q: Is the pedagogy of the Government MBA colleges same as that of the private MBA colleges?

A: The pedagogy of the MBA courses is more or less the same in Government and private MBA colleges. However, it may be found that some of the top Government MBA colleges and private MBA colleges are ahead in terms of offering new-age teaching-learning methodologies as compared to Tier-2 or Tier-3 Government MBA colleges.

About the Author
author-image
Vipra Shrivastava
Senior Manager - Content

Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio

Comments

(3)

M

MANOJ RATHOR

a year ago

For adMission in mba in govt. College what quota for pwd candidate

Reply to MANOJ RATHOR

5712995

Vipra ShrivastavaSenior Manager - Content

a year ago

Hi, for govt college, PWD quota is applicable as per the govt PWD quota regulation in academic institutions. However, you can check details for the specific college you are aiming for here: https://www.shiksha.com/mba/colleges/mba-colleges-india

S

Sravya badiraju

2 years ago

ICFAI provides all the necessary facilities to the students such as well adequate classrooms with modern teaching and training aids like overhead projector, LCD projector, and laptop, a library which has a total collection of books covering different discipline, Indian and foreign journals

Reply to Sravya badiraju

Upcoming MBA Exam Dates

23 Feb '24: ATMA 2024 Result Declaration (February)
11 Dec '23 - 24 Feb '24: SRCC GBO 2024 Mock Test Availability
19 Feb '24 - 24 Feb '24: IRMASAT Personal Interviews
Feb '24 - Feb '24: TISSNET 2024 Hall Ticket
25 Feb '24 - 8 Mar '24: MAT 2024

Next Story