Best MBA Colleges in India: Fees, Admission 2026, Courses, Salary, Ranking

There are 6,000+ MBA Colleges in India. Of these, 3,900+ colleges are privately owned, 500+ colleges are owned by the government and 85 colleges are owned by semi government instiututions. CAT, MAT, and CMAT are some of the top entrance exams for admission to top MBA colleges in India. IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, XLRI Jamshedpur, IIM Lucknow, DMS IIT Delhi, IIM Kozhikode, SIBM Pune ITM Business School Navi Mumbai, VVISM, and many others are some of the top MBA colleges in India. 

Students Also Watch:

The top MBA colleges in India, according to the NIRF 2025, are listed in the table below:

Disclaimer: This information is sourced from the official website of the ranking body listed and may vary.

Watch More:

Yes, an MBA is one of the most sought-after PG programmes in India. Below you can consider these programmes for comparison with fees and average salaries.  

Disclaimer: The above statistics are based on the latest data.

Hope this information proves beneficial for you!!

Students Also Watch:

No, it is not necessary to have an MBA degree to get a job in managerial post in a Government organisation.

A PGDM in a relevant specialisation can be equally eligible or suitable for a managerial role in a Government organisation also.

IIM-A's PGP course which leads to a Master’s degree in Business Administration is IIMA’s flagship programme for more than fifty-five years and is among the top-ranked programmes in the world for many years. Ranked 1 by NIRF 2022 for Management education, experts consider MBA at IIM-A as one of the toughest programmes to get into. Additionally, during placements in 2022, the highest and average package of IIM Ahmedabad stood at INR 61.48 LPA and INR 32.79 LPA, respectively, and 100% of the students got placement opportunities from companies, such as Bain, Amazon and Google. Thus, it isn't just worth but pursuing MBA from IIM-A is the best option in India. 

Find below the reviews by MBA students of IIM Ahmedabad:

Joining the top ranked MBA colleges in India, you need to go through its ROI. Listed below are some colleges along with their tuition fees and average placement package:

Disclaimer: The above statistics are based on the latest available data.

Students Also Watch:

There are several good MBA colleges across India that have highly affordable programmes, and they have some standing across ranking frameworks like Business Today and Times B School. You can check these. 

Note: All info. is from official sources and can change. 

 MBA graduates from SIBM Pune get placed into various sectors such as:

• General Management

• Management Consultant

• Investment Banking

• Business Consultant

• Project Management, etc. 

Some of the popular Govt. PGDM Colleges are given in the table below:

• IIM Kozhikode
• IIM Shillong
• XLRI Jamshedpur
• MDI, Gurgaon
• MICA, Ahmedabad
• IIM Lucknow
• Great Lakes Institute of Management

Candidates with 95 percentile or above have a high chance of selection. However, it will depend upon the cutoff marks. In order to get into IIM you need to crack CAT and as per the previous year trends the final round cutoff was 97. Candidates who meet the cutoff trends are offered admission to IIM Kozhikode MBA course. Aspirants must perform well in the CAT exam in order to get admission in IIM Kozhikode.

The institute has not released the placement percentage. However, the other important statistics are out. Over 99 companies visited the campus for hiring the MBA batch 2022-24. This year 55 new recruiters took participation in the recruitment process. Further, the highest package offered was INR 49 LPA. Check the complete insights of SIBM Pune placements 2023 from the table below:

IIM Mumbai is one of the premier Management Institutes in India. The past three-year placement trends suggest that the highest package offered during IIM Mumbai placements stand between INR 49 LPA and INR 78 LPA.

Further, the salary package offered during IIM Mumbai placements 2024 is presented below:

As per the National Institutional Ranking Framework (NIRF) 2024, both IIM Calcutta and IIM Ahmedabad ranked among the top 5 IIMs for their MBA course. However, IIM Ahmedabad tops the list, while IIM Calcutta ranked at fifth spot. Talking about IIM Calcutta placements 2024, it has recorded 100% placements for its flagship PGP (MBA) programme. 

The highest package offered during IIM Calcutta MBA placements 2024 stood at INR 1.2 crore per annum. Talking about IIM Ahmedabad placements in 2023, the average domestic package stood at INR 34.36 LPA. The highest package stood at INR 115 LPA. So, considering the rankings, IIM Ahmedabad shall be a better option in comparison to IIM Calcutta, but placements are good at IIM Kolkata.

XLRI is accredited by AACSB (Association to Advance Collegiate Schools of Business), AMBA, and NBA (National Board of Accreditation) and is approved by AICTE (All India Council for Technical Education), AIU, and GOI. XLRI Jamshedpur is ranked 9 for MBA in the NIRF 2023 rankings and was established as a private college in 1949. Being a private college, the fee can be a little high but the students can apply for scholarships provided by the XLRI-Xavier School of Management. Hence, even if the students find XLRI Jamshedpur a little expensive, they don't have to worry as scholarships are there to assist them.

Check the Other Top Executive MBA Colleges in India

PGP is the flagship course of IIM Indore. The institute is listed in the top 100 in the Financial Times Rankings for its flagship PGP in Management (PGP) under the Masters in Management category. It has also bagged 25 positions amongst all the top B-schools in Asia under QS Global MBA Rankings, with a position of 5 amongst the IIMs and 5 amongst the top B-Schools in India. In terms of placements, IIM Indore provides opportunities to students in top companies.

The the highest and average package offered to PGP HRM programme during IIM Indore placements 2023 stood at INR 34.50 LPA and INR 22.65 LPA, respectively. Check below infographic to know what students have to say about IIM Indore MBA:

 

MDI Gurgaon does not release cutoff list. The eligibility criteria set for admission to MDI Gurgaon follows that, Candidate must have a bachelor's degree with at least 50% marks or equivalent CGPA. Candidate must have scored at least 50% in both Class 10 and 12, and have a valid CAT/GMAT score. In addition to the CAT score, candidates must also perform well in the Group Discussions (GD) and Personal Interview (PI) rounds for final selection. Additionally, MDI Gurgaon does not have any management quota seats.

Located in Assam and Guwahati, a comparison of both these public universities for their MBA programme on the basis of components such as fee, seats, eligibility and salary is tabulated below:

NOTE: The data mentioned in the above table is sourced from various sources on the internet. Hence, is indicative. Additionally, the seat intake mentioned also includes seats for the course at affiliated colleges.

As per the factual data available in the above table, it can be noted that Gauhati University offers more ROI-centered value to the students’ after completion of their MBA degree compared to Tezpur University. However, its fee range for MBA is comparatively higher than Tezpur. Hence, students looking for an affordable option for MBA might find Gauhati University expensive. The final decision is with the aspirants of whether they wish to get into a university with a better ROI or an affordable option. 

Candidates need to visit the official website of TANCET to download the hall ticket. Login credentials, inclduing email ID and password are required for TANCET admit card download. The step-wise process to download the TANCET admit card will be updated on the Shiksha's TANCET admit card page (https://www.shiksha.com/mba/tancet-exam-admit-card).

The highest package offered during IIT KGP placements 2026 was INR 2.44 Crore per Annum.

The placement rate recorded during SJMSOM IIT Bombay MBA placements 2023 was 100%. Students get a good salary package after completing MBA from a reputed institute like SJMSOM. The highest package and average package offered during SJMSOM IIT Bombay MBA placements 2023 stood at INR 54 LPA and INR 28.88 LPA, respectively. The top recruiters of SJMSOM IIT Bombay in 2023 included leading companies such as GEP, HUL, Google, Accenture, Cargill, etc. 

A two-year MBA programme is offered at Alagappa Institute of Management and other affiliated colleges of the university. The total seat intake for this course is 579. Tabulated below are the college-wise seat intake for Alagappa University MBA courses:

Note: This information is sourced from official website/sanctioning body and is subject to change. 

The total tuition fee for the MBA programme at IIM is inclusive of admission fees, caution deposits, and charges for many facilities offered at IIM Raipur during the programme. Although, the total tuition fee for the MBA course at IIM Raipur is collated from unofficial sources. The total tuition fee for the MBA programme at IIM Raipur ranges somewhere between INR 8 Lacs to INR 14.2 lakh. Hence, it is indicative, that candidates can refer to the institute’s official website for more details on the same.

Indian Institute of Foreign Trade (IIFT) is one of the top Management institutes in the country. It has grabbed #15 rank in the NIRF 2024 rankings in the Management category. The overall the highest and average stipend offered (for two months) during IIFT Delhi summer placement 2025 for the MBA IB batch of 2024-26 stood at INR 6 Lacs and INR 2.73 lakh, respectively. Moreover, the Sales and Marketing domain emerged as the top recruiting domain. Furthermore, in the MBA BA batch of 2024-26, the highest and average stipend stood at INR 4 Lacs and INR 1.42 lakh, respectively.