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. 

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

Top Colleges	NIRF 2023 Rank	NIRF 2024 Rank	NIRF 2025 Rank
Indian Institute of Management (IIM) Ahmedabad Ranking	1	1	1
Indian Institute of Management (IIM) Bangalore Ranking	2	2	2
Indian Institute of Management (IIM) Kozhikode Ranking	3	3	3
Indian Institute of Technology (IIT) Delhi Ranking	5	4	4
Indian Institute of Management (IIM) Lucknow Ranking	6	7	5
IIM Mumbai Ranking	7	6	6
Indian Institute of Management (IIM) Calcutta Ranking	4	5	7
Indian Institute of Management (IIM) Indore Ranking	8	8	8
Management Development Institute Ranking	13	11	9
XLRI-Xavier School of Management Ranking	9	9	10

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

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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.  

College Names	Approx Total Tuition Fees	Average Median package
DMS IIT Delhi MBA	~INR 12 lakh	INR 24 LPA
IIM Ahmedabad MBA	~INR 25 lakh	INR 20 LPA - INR 32 LPA
IIM Bangalore MBA	~INR 25 lakh	INR 33 LPA
IIM Kozhikode MBA	~INR 18 lakh - INR 21 lakh	INR 25 LPA - INR 27 LPA
IIM Lucknow MBA	~INR 13 lakh	INR 30 LPA

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

Hope this information proves beneficial for you!!

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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.

 

The average package offered during IIM Ahmedabad PGP placements 2025 was 35.22 LPA. In 2024 and 2023, the average package was 33.23 LPA and 34.45 LPA.

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:

College Names	Total Tuition Fee	Annual Average Package
SIIB Pune MBA	INR 13 Lacs - INR 19 lakh	INR 11 LPA - INR 14 LPA
IIM Ahmedabad MBA	INR 25 lakh	INR 32 LPA
IIM Bangalore MBA	INR 25 lakh	INR 33 LPA
IIM Calcutta MBA	INR 25 lakh	INR 31 LPA
IIM Kozhikode MBA	INR 21 lakh	INR 27 LPA
IIM Mumbai MBA	INR 14 lakh	INR 28 LPA
XLRI MBA	INR 29 lakh	INR 30 LPA

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

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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. 

MBA College	Total Tuition Fees
Maharaja Agrasen Himalayan Garhwal University MBA Courses	INR 60K+
SRMEEC Chennai MBA Courses	INR 70K
SNS College of Technology MBA Courses	INR 35K

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

IIM Kozhikode provides a list of scholarships to its students to help them financially. The institute more than 10 different scholarship schemes. Moreover, IIMK Merit Scholarship is awarded to PGP-I and PGP-II students based on their performance during one academic year, as determined by their CGPA. IIM Kozhikode also provides IIMK Need Based Financial Assistance (NBFA) for the students.

While preparing the cutoff for the Andhra University MBA course, the authorities will consider examination and admission-related factors. The listed factors will be checked and considered by the authorities while determining the cutoff of Andhra University MBA - previous years' cutoff trends, difficulty level of exam, total number of qualified candidates, total number of candidates applying for a specific course or specialisation, number of seats available for admission,  etc.. After checking all of these factors, the authorities will prepare the Andhra University APICET cutoff for MBA admission.

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:

Particulars	Placement Statistics (2024)
the highest package	INR 54 LPA
Top 10% average package	INR 47.29 LPA
Top 20% average package	INR 40.71 LPA
Top 50% average package	INR 33.84 LPA
Average package (for PPOs)	INR 29.44 LPA
Median package (for PPOs)	INR 28 LPA

SIBM Pune admission to full-time MBA and MBA in Innovation and Entrepreneurship course is based on SNAP scores 2024. As per last year's trends, SNAP cut off for SIBM Pune must be around 98.5 percentile. SNAP is to be conducted in three phases, first on Dec 10, second on Dec 17 and third on Dec 22. SIBM Pune offers admission to MBA and MBA (I & E) courses on the basis of valid SNAP scores, followed by a GE and PI round. SNAP 2023 Results are expected to be out on Jan 10. For more information regarding SIBM Pune cutoff, click here.

No, IIM Calcutta cannot get into MBA courses without appearing CAT first. CAT is a mandatory entrance exam and it is conducted every year for admissions into all MBA courses offered by this institute.

However, candidates who are applying for MBAEx course will be required to appear in GMAT for admissions.

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:

 

No, Osmania University doesn't have any provision of direct admission for UG and PG programmes. Candidates seeking admission to Osmania University clear the course-specific entrance test. Based on the entrance test scores, selected candidates are then called for a counselling round depending upon the course. For PG, PG Diploma and five-year integrated courses, candidates must have to clear the CPGET entrance test, followed by a web counselling round.

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.

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.

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.

Gauhati University MBA admission is completely based on the merit scores obtained by students in the university/national-level entrance exam along with their merit at the undergraduate level. The university conducts its own entrance exam for admission. However, those with a valid score in national-level entrances, such as MAT/ CAT/ XAT/ CMAT exams are exempted from this test provided they have a score of 75 percentile and above. Those who qualify one of the afore-mentioned exams are required to go through a GDPI round for final selection. Before everything else, students must meet with the minimum eligibility criteria set by the university which is to pass a relevant undergraduate degree with at least 50% aggregate. However, those who are in the final year of their UG degree can also apply provided they have no arrears in the previous semesters and fulfill the complete eligibility before first semester exams.

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).

Yes, for Pune University MBA Admission a valid CAT/ MAH CET/ CMAT score is compulsory along with the set minimum eligibility criteria. To be eligible, candidates must have completed an undergraduate degree with at least 50% aggregate (45% aggregate for reserved category candidates). For more information on other MBA accepting exams for SPPU and its affiliated colleges, students are advised to visit the official website of the university or the respective affiliated college.

Following the results announcement, Indian Institutes of Management (IIMs) will make available the Common Admission Test (CAT) 2023 cutoff. By the second week of January 2024, the outcome will be known.Prior to that, the qualifying CAT cutoffs—the minimal score requirements for admission to MBA programs—were announced by the IIMs. The CAT cutoff is different for every IIM. Shortlisted candidates for the admissions process will be those who meet the CAT 2023 cutoff. Candidates must meet the requirements set out by each IIM in order to be selected for the Group Discussion (GD) and Personal Interview (PI). 

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

Yes, IIT Madras can be one of the prime choice for MBA aspirants. The MBA batch of 2023-25 comprised 93 students. The highest and average package offered during IIT Madras MBA placements in 2024 stood at INR 29.65 and INR 16.93 LPA, respectively. Further, the median package offered to during IIT Madras MBA placements in 2024 stood at INR 20.40 LPA. In Tech MBA, the highest, average and median package received in 2025 was 81 LPA, 20 LPA and 15 LPA. In the year 2025, IIT Madras was ranked 13 in the Management category by the NIRF.