5444 MBA Colleges in India

There are more than 5,000 MBA colleges in India. Out of these about 3,000 MBA colleges are private, nearly 500 are government colleges and the rest are private-public colleges.

MBA Colleges in India Highlights

Check out the table below to get an overview of the MBA colleges in India:

Parameters	Particulars/Statistics
No. of MBA colleges in India	Approximately 5,000 MBA colleges in India
Fees	-Annual Fee < Rs 1 lakh: 30% -Annual Fee Rs 1-2 lakh: 33%
Top Specialisations	Finance, Sales and Marketing, HR, IT and Systems, Operations, International Business,  Business Analytics
Admission Process	- Entrance Based - Merit-Based
No. of MBA colleges in India	20 IIMs

Master of Business Administration or MBA is one of the most sought-after post-graduate programmes in India and abroad. This two-year programme is a gateway to numerous job opportunities in the corporate world. Students from different backgrounds such as Science, Commerce and Humanities opt for MBA. A regular MBA is a two-year course which is spread across four semesters. There are a few private MBA institutes that offer one-year PGDM programmes as well. 

The MBA colleges in India provide admissions to students based on the scores obtained by them in various national or state-level examinations such as CAT, XAT, MAT, CMAT, ATMA, SNAP, MAH CET, KMAT, and many more. There are many MBA colleges in major cities across the country such as Delhi-NCR, Mumbai, Bangalore, Pune, Kolkata, Hyderabad, etc.

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MBA Colleges in India Eligibility Criteria

The eligibility criteria for MBA courses may differ from one college to another. However, the basic MBA eligibility criteria is as follows:

• Candidates must have passed graduation in any discipline or equivalent from a recognised university as a basic eligibility criteria for MBA (full-time).
• Most of the institutes follow the minimum score criteria in graduation which is 50% aggregate or equivalent CGPA. For reserved category students, the minimum score is 45% aggregate or equivalent CGPA.
• Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

Top MBA Colleges in India with NIRF Ranking and Shiksha Ratings (Aggregate)

Organisations such as NIRF rank the best MBA colleges in India and other colleges based on various parameters such as teaching, learning and resources, research and professional practices, graduation outcomes, outreach and inclusivity and perception. Shiksha aggregate rating is an authenticated rating given by the students based on five different parameters such as placements, infrastructure, faculty and course, curriculum, crowd and campus life and value for money.

Check out the table below which depicts the list of top 10 MBA colleges in India ranked by NIRF along with Shiksha ratings (Aggregate):

Name of the College	NIRF 2021 Ranking	Shiksha Ratings (Aggregate)
Indian Institute of Management, Ahmedabad	1	4.6
Indian Institute of Management, Banglore	2	4.8
Indian Institute of Management, Calcutta	3	4.7
Indian Institute of Management, Kozhikode	4	4.4
Indian Institute of Technology, Delhi	5	4.4
Indian Institute of Management, Indore	6	4.4
Indian Institute of Management, Lucknow	7	4.5
Xavier Labour Relations Institute (XLRI)	8	4.6
Indian Institute of Technology, Kharagpur	9	4.5
Indian Institute of Technology, Bombay	10	4.6

List of Top Private and Government MBA Colleges in India

Private MBA Colleges in India

Refer to the table below to know the private MBA colleges in India:

Name of the College	Course Fee (in Rs)
XLRI	20.95 lakh - 26 lakh
MDI, Gurgaon	12.8 lakh - 23.58 lakh
SP Jain Institute of Management and Research (SPJIMR)	17.5 lakh
Symbiosis Institute of Management (SIBM)	14.42 lakh - 19.22 lakh
Great Lakes Institute of Management	11.81 lakh - 15.91 lakh

Government MBA Colleges in India

Refer to the table below to know the government/public MBA colleges in India

Name of the College	Course Fee (in Rs)
IIM Ahmedabad	10 lakh - 23 lakh
IIM Bangalore	14 lakh - 23 lakh
IIM Calcutta	20 lakh - 24 lakh
IIM Lucknow	5.5 lakh - 19.25 lakh
IIM Indore	15.01 lakh - 26 lakh

Public-Private MBA Colleges in India

Refer to the table below to know the public-private MBA colleges in India

Name of the College	Course Fee (in Rs)
National Institute of Bank Management	10.38 lakh
Gautam Buddha University	4.13 lakh to 6.76 lakh
NSHM Knowledge Campus	4.13 lakh
National Institute of Construction Management and Research	4.34 lakh to 10.56 lakh
Shri Ram Institute of Management	38.2 K

Refer to the infographic below to get a detailed overview:

 

Location-Wise MBA Colleges in India

There are several MBA colleges in India in all the major cities and states. Out of all these, Maharashtra has the maximum number of MBA colleges in India. These are some of the top MBA colleges in the world too. 

Refer to the infographic below for a detailed overview:

ROI of Top MBA Colleges in India

Return on Investment (ROI), as the name suggests, shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements. Refer to the table below to know the best MBA colleges in India with the average annual fee and average placement package:

Name of the College	Annual Average Fee (in Rs)	Average Placement Package (in Rs)
IIM Bangalore	23 lakh	23 LPA
IIM Calcutta	20 lakh - 24 lakh	23.75 LPA - 25.1 LPA
MDI Gurgaon	12.8 lakh - 23.58 lakh	18 LPA - 19.82 LPA
IIM Ahmedabad	10 lakh - 23 lakh	26.13 LPA - 61.76 LPA
IIM Lucknow	5.5 lakh - 19.25 lakh	24.25 LPA
Northpoint Centre of Learning	7.07 lakh	4 LPA
Roorkee Institute of Technology	2.39 lakh	5 LPA
Alpha College of Engineering	1 lakh	3 LPA
Global Academy of Technology	1.08 lakh	3.25 LPA

Note: Above statistics are based on the latest available data.

Also Read:

Top MBA colleges in Delhi NCR	Top MBA colleges in Maharashtra
Top MBA colleges in Bengaluru	Top MBA colleges in Kolkata

Top Recruiters for MBA Postgraduates

MBA graduates from any domain are in high demand. Below is the list of a few top companies in India that recruit MBA postgraduates along with their placement ratings:

Colleges	Placement Ratings (Based on Reviews)	Top Recruiters
Sri Sai Group of Institutes - Admission Office, Delhi	5.0	Ambuja Cement, CSC, Dell, Genpact, HCL, HDFC Bank, ICICI, Mphasis, Reliance, Vodafone, Wipro, etc.
Northpoint Centre of Learning, Mumbai	4.9	Dentsu Aegis, Future Group, Google, JWT, Kotak Securities, Leo Burnett, Lowe Lintas, Ogilvy, PepsiCo, Publicis, Webchutney, etc.
RVS Institute of Management Studies and Research, Coimbatore	4.9	Accenture, American Express, Aptara Corp, BNP Paribas, Cipla, Cognizant, Ford Motors, Genpact, HCL, HP, IBM, Infosys, KPMG, Oracle, PWC, Sundaram Finance, Target, Tech Mahindra, Thomson Reuters, Wipro, etc.
School of Management and Business Studies, Kottayam	4.8	Decathlon, TCS, L&T Finance, MyG, etc.
Bhavan’s Centre for Communication and Management, Bhubaneswar	4.8	Aditya Birla Group, Amazon, Armani, Axis Bank, Bajaj Capital, Bandhan Bank, Big Bazaar, Britannia, Calvin Klein, CEASE FIRE, DCB Bank, Dulux, eClerx, Flipkart, HDFC Bank, HDFC Home Loans, HSBC, ICICI, Just Dial, Karvy Stock Broking, Kotak Bank, Kurlon, OM Logistics Limited, Pantaloon, PayTM, RBS, Redington, Reliance, Reliance Communication, SBI Life, Shoppers Stop, Spandana, Tech Mahindra, Videocon, Visa Steel, Wipro, etc.
National Institute of Pharmaceutical Education and Research S.A.S. Nagar, Punjab	4.7	Pfizer, Dr. Reddy's, Hetero labs, GSK Pharmaceuticals, Eli Lilly, AstraZeneca, Sun Pharma, Novartis, IMS, etc.

How Affordable is Studying MBA in India?

Based on the pie chart above, it can be estimated that pursuing MBA in India is economical as approximately 30% of MBA colleges in India are affordable with a fee structure of less than Rs 1 lakh. These colleges are:

• Faculty of Management Studies, Delhi University, Delhi
• PSG College of Technology,
• New Delhi YMCA, YMCA Delhi
• Noida Institute of Engineering and Technology, Greater Noida
• SRM Easwari Engineering College, Chennai
• Jamia Millia Islamia
• Hindusthan Institute of Technology, Coimbatore
• Institute of Management Studies, BHU, Varanasi

Approximately 33% of the colleges have course/annual fees between Rs 1-2 lakh. Some of these colleges are:

• Sydenham Institute of Management Studies Research and Entrepreneurship Education, Mumbai
• Department of Management Sciences, Pune University (PUMBA), Pune
• Parul University, Vadodara
• Zeal College of Engineering and Research, Pune
• Indus University, Ahmedabad
• SAGE University, Indore
• Usha Martin University, Ranchi

Approximately 11% of MBA colleges have a moderately expensive fee structure that ranges between Rs 2-3 lakh. Some of these colleges are:

• National Institute of Technology, Tiruchirappalli
• IIT Kanpur - Department of Industrial and Management Engineering, Kanpur
• Indian Institute of Social Welfare and Business Management, Kolkata
• Parul University, Vadodara
• Nalanda University, Nalanda
• Lloyd Business School, Greater Noida
• Hindusthan College of Arts and Science, Coimbatore
• Institute of Insurance and Risk Management, Hyderabad
• Prestige Institute of Management and Research (PG Campus), Indore

The fees of around 11% of MBA colleges range between Rs 3-5 lakh. Some of these colleges are:

• Delhi School of Management, DTU, Delhi
• Shri Ram College of Commerce, Delhi
• Faculty of Engineering, MIT WPU, Pune
• Chandigarh University, Chandigarh
• Lovely Professional University, Jalandhar
• ASM’s Institute of Business Management and Research (IBMR)
• Amity University, Noida

The fees of around 15% of colleges are more than Rs 5 lakh. Some of these colleges are:

• IIM Ahmedabad
• IIM Bangalore
• IPE Hyderabad
• Faculty of Engineering, MIT WPU, Pune
• FORE School of Management, Delhi
• IMS Unison University, Dehradun
• IIM Calcutta, Kolkata

MBA Specialisations Offered in India

In India, an MBA degree is offered across various specialisations. Some of the most prominent ones are Finance, Sales and Marketing, Human Resources, IT and Systems, Operations, International Business, Healthcare & Hospital, Supply Chain, Business Analytics, Retail, etc. The most popular and sought after MBA specialisations of these specialisations are MBA in Finance and MBA in Sales and Marketing followed by MBA in Human Resources.

Also Read: MBA Specialisation Guide

Refer to the infographic below to get a detailed overview of the top 10 MBA specialisations offered at various MBA colleges in India:

Which are the most popular MBA exams in India?

The most popular entrance examinations for studying an MBA course in India are CAT and MAT. While scoring good marks in CAT will help you land in colleges like IIMs, MAT is your ticket to colleges like Taxila Business School, Jaipur and Amity University, Mumbai.

The rest of the MBA colleges in India accept CMAT, XAT, ATMA, MAH CET, APICET, TSICET, UPSEE, KMAT, etc. for admission into their colleges.

Refer to the infographic below to get a detailed overview:

Also Read:

MBA colleges accepting CAT	MBA colleges accepting MAT
MBA colleges accepting CMAT	MBA colleges accepting ATMA

Top MBA Colleges in India: Cutoff

Admissions to various MBA colleges in India are based on the scores obtained by the candidates in the entrance tests. The colleges often release their cutoff scores. The table below depicts the cutoffs accepted by some of the top MBA colleges in India:

College Cutoff	College Cutoff
IIM Ahmedabad Cutoff	IIM Bengaluru Cutoff
IIM Calcutta Cutoff	IIM Lucknow Cutoff
IIM Indore Cutoff	IIT Kharagpur Cutoff
IIM Kozhikode Cutoff	XLRI Cutoff