Top MBA Colleges in India 2026: Ranking, Fees, Admission, Courses, Placements

Find 120 top MBA colleges in India from Shiksha's curated list of 5900+ management institutes. Sort the top rankings of the MBA colleges you are planning to study at, based on NIRF 2025, Business Today, and Outlook - each with different parameters. Explore options beyond the IIMs in Ahmedabad, Bangalore, and other cities in India. Find out which of the 50+ govt colleges offer excellent MBA opportunities apart from 70+ private institutions that accept CAT, XAT, or CMAT entrance tests along with the fees and locations. 

LATEST UPDATE:

• The MAT December 2025 exam for PBT mode is scheduled for Dec 13, 2025. For the CBT mode, the registration last date is Dec 15, 2025, and the exam date is Dec 21, 2025.

Top MBA Colleges in India: Highlights 2025-26

The top MBA colleges in India are the IIMs, but you'll find more options with stronger ROI, greater international placements, industry partnerships, innovative pedagogy, and accreditations. A majority of the non-IIM B-schools that offer the best MBA options are in Delhi NCR. Other than in the capital, you'll find a great many options in Puducherry, Hyderabad, Nagpur, and Gwalior. This table is the snapshot of the top colleges offering MBA in India. 

Particulars	Details
No. of Top MBA Colleges in India	120+
Top MBA Colleges in India (Based on NIRF 2025, Outlook ICARE 2025,	IIM Ahmedabad, IIM Bangalore, Management Development Institute, DMS IIT Delhi, SP Jain Institute of Management, FMS Delhi.
Fee Ranges Across No. of Top Ranking MBA Colleges in India Based on NIRF '25	Less than INR 1 Lakh: 6+ INR 1 - 2 Lakh: 4  INR 2 - 3 Lakh: 5 INR 3 - 5 Lakh: 10 More than INR 5 Lakh: 88
Top MBA Specialisations offered at Top B-Schools in India	Sales and Marketing Finance Human Resources Operations IT and Systems
Top MBA Entrance Exams	CAT, XAT, MAT, CMAT, ATMA
No. of IIMs in India	21

Source: Official sites have provided these details and they can change.

Top MBA Colleges in India: NIRF Ranking 2025

The NIRF 2025 rankings for the Management category list the top MBA colleges in India. The parameters of categorising them as the best institutes are focused on their placements, especially the industry connections the B school has, and the alumni status.  

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

Source: The official NIRF site has provided these rankings and they can change in the next year. 

Top 5 MBA Colleges in India: Outlook-iCARE 2025

The Outlook-ICARE Rankings 2025 published the top B-schools in India early this year. The scores are based on several factors different from NIRF. Academic excellence, infrastructure, and placements might be common yardsticks for most ranking bodies, but governance, diversity, and outreach. Here are some top-ranking MBA colleges listed under the 2025 list. 

College Name	Outlook 2025 Rank
IIM Ahmedabad	1
IIM Bangalore	2
IIM Calcutta	3
Jamnalal Bajaj Institute of Management Studies	10
Puducherry University	11

Source: This is from the official PDF released online for the year of 2025.

Top MBA Colleges in India: Admissions 2026

The top colleges for MBA in India have these general guidelines for admission. 

• One must have UG degree in any stream with 45-50% aggregate marks
• Must pass an entrance exam, CAT being the most common. 

The CAT and MAT schedules for November and December 2025 are over. Included in this table are also other entrance tests for other tests in January 2026.

Exam Name	Exam Schedule
XAT	XAT Schedule
CMAT	CMAT Schedule
ATMA	ATMA Schedule

Source: Official site sourced but may change.

Colleges Accepting Various MBA Entrance Exams:

• Top MBA Colleges Accepting CAT
• Top MBA Colleges Accepting TANCET MBA
• Top MBA Colleges Accepting XAT
• Top MBA Colleges Accepting MAT

Top MBA Colleges Accepting CAT Scores in India

It's not just the IIMs that take in CAT scores. There are other top-ranking B-schools also take in valid scores.

College Name	Average Course Fees
IIM Ahmedabad	INR 25 Lakh
IIM Bangalore	INR 25 Lakh
IIM Kozhikode	INR 21 Lakh
DMS IIT Delhi	INR 11 Lakh
IIM Lucknow	INR 13 Lakh

Source: Official site and may vary.

Top Private MBA Colleges in India

See the table below to get an overview of the best private MBA colleges in India with the admission and fees for each.  

College Name	Average Course Fees
XLRI Xavier School of Management Admission	INR 28.60 Lakh
Management Development Institute Admission	INR 26 Lakh
Symbiosis Institute of Business Management Pune Admission	INR 24.20 Lakh
S P Jain Institute of Management and Research, Mumbai Admission	INR 24 Lakh
Amrita Vishwa Vidyapeetham Admission	INR 2.20 Lakh

Source: The fee details are from the official sites and can vary.

Top Government MBA Colleges in India

The top MBA colleges in India which are public have these tuition fees.

College Name	Average Course Fees
IIM Ahmedabad Admission	INR 1 Lakh
IIM Bangalore Admission	INR 24.50 Lakh
IIM Kozhikode Admission	INR 20.50 Lakh
Department of Management Studies, IIT Delhi Admission	INR 12 Lakh
IIM Calcutta Admission	INR 25 Lakh

Source: Official site info can vary.

Top Distance MBA Colleges in India

There are distance colleges offering MBA and they are some of the top ranked ones as well with comprehensive curricula and affordable fees. Check below. 

College Name	Average Course Fees
XLRI Xavier School of Management	INR 14 Lakhs
SRM Institute of Science and Technology	INR 60,000
National Institute of Agricultural Extension Management	INR 15,000
Indian Institute of Finance	INR 2 Lakh
IGNOU	INR 62,000

Source: Official sites' sourced and can change.

Read More About the Best MBA Colleges in India:

• Top MBA colleges in Kolkata
• Top MBA colleges in Delhi/NCR
• Top MBA colleges in Mumbai (All)
• Top MBA Colleges in Mumbai

Top MBA Colleges in India: Fees vs Salary

This is a table estimating the ROI you get after spending here. 

College Name	Average Course Fees	Average Placement Salary
IIM Ahmedabad MBA	INR 25 Lakh	INR 31.58 LPA
IIM Bangalore MBA	INR 24.50 Lakh	INR 32.50 LPA
IIM Calcutta MBA	INR 25 Lakh	INR 31.05 LPA
S.P. Jain Institute of Management and Research MBA	INR 24 Lakh	INR 30 LPA
XLRI Xavier School of Management MBA	INR 28.60 Lakh	INR 28 LPA

Source: All info are from the official sites. 

Top MBA Colleges in India: Placement and Top Recruiters

The IIMs have the some of the best placements, no doubt. But look at the recruiters of other top MBA colleges in India. 

College Name	Average Placement Salary	Top Recruiters
SIIB Pune Placements	~INR 25 LPA	Godrej, Axis Bank, Asian Paints, etc.
IIM Ahmedabad MBA Placements	~INR 32 LPA	Boston Consultancy, TCS, Axis Bank, Larsen and Toubro, etc.
IIM Bangalore MBA Placements	~INR 32 LPA	Accenture, Amazon, Paytm, Microsoft, Vedanta, McKinsey, etc.
IIM Mumbai Placements	~INR 28 LPA	RB, Wipro, Synergy Consulting, ICICI Bank, etc.
IIM Kozhikode MBA Placements	~INR 27 LPA	Microsoft, Accenture, Amazon, Deloitte, Capgemini, etc.

Source: These details are from the official sites of the colleges and can change.

Affordable MBA Colleges in India

There are plenty of budget-friendly options with the affordable colleges all over India offering high-quality MBA programmes.  

College Name	Average Course Fees
Jamia Millia Islamia Fees	~INR 47,000
BHU Fees	~INR 99,000
Panjab University Fees	~INR 88,000
IIT Roorkee Fees	~INR 20,000
Tezpur University Fees	~INR 63,000

Source: All details are from the official site and can change.

Top MBA Colleges in India: Top Specialisations

Check the top MBA colleges in India offering a range of specialisations so that you have an idea which to choose for yourself to get the leadership opportunities in the fast-changing job market. 

Specialization	No. of Top MBA Colleges in India based on NIRF Ranking
Sales & Marketing	61
Finance	61
Human Resources	57
Operations	50
Business Analytics	33
IT & Systems	27
International Business	17
Supply Chain	10

Source: Official sites have provided these info and they may change. 

Cost of Studying at the Top MBA Colleges in India

While the above table gave you a basic idea of the affordability of MBA programmes from some top institutes, find some more options to choose from. 

Average Course Fees Range	No. of Colleges	Top MBA Colleges
Less than INR 1 Lakh	6	Jamia Millia Islamia, Banaras Hindu University, Cochin University of Science and Technology, Kochi, etc.
INR 1 - 2 Lakhs	4	IFHE Hyderabad - ICFAI Foundation, NIT Trichy, Babasaheb Bhimrao Ambedkar University (BBAU), etc.
INR 2 - 3 Lakhs	5	Amrita Vishwa Vidyapeetham, Coimbatore and MNIT Jaipur - Malaviya National Institute of Technology
INR 3 - 5 Lakhs	10	IIT Dhanbad (ISM), Chitkara University, Chandigarh, Guru Gobind Singh Indraprastha University, etc.
More than INR 5 Lakhs	88	IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, DMS- IIT Delhi, etc.

Source: These listings with fee brackets are from the official sites of the top MBA colleges in India that are affordable.  

Top MBA Colleges in India: Comparison 2025

Listed below are the comparison of the top MBA colleges in India:

• IIM Ahmedabad Comparison with other colleges
• IIM Bangalore Comparison with other colleges
• IIM Kozhikode Comparison with other colleges
• DMS IIT Delhi Comparison with other colleges