Updated on Mar 12, 2026 16:51 IST
Aquib Rahman

Aquib RahmanAssistant Manager

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

Looking for the top MBA colleges in India for the 2026-28 batch? 

More than 120+ top B-schools in India are ranked in the NIRF 2025 Management rankings. 70+ are private, and 50+ are government (central and state).

The best government colleges include most IIMs and a few IITs. These are among the top 10 MBA colleges in India, according to NIRF. Private business schools, such as  MDI Gurgaon, XLRI, Symbiosis International, and SPJIMR, have also made it to the top ranks. These have widely recognised accreditations like AMBA and AACSB

From Shiksha’s 6000+ best management institutes in India, we have compiled the top-ranking ones, based on the latest updates. So, this guide will help you target:

  • Affordable and top-ranking government colleges for MBA in India, from Jamia Millia Islamia to Panjab University (placements vs fee differences are close to top IIMs).
  • Top-tier private business schools in India with premium fees and high placements, with lower IIM CAT cutoffs

Start your search here. 

List of Top MBA Colleges in India: Highlights 2026

The top MBA colleges in India are the IIMs, but you'll find more options with stronger ROI, more international placements, stronger industry partnerships, innovative pedagogy, and more 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 a snapshot of the top colleges offering MBA in India. 

Particulars Details

No. of Top MBA Colleges in India

120+ 

Top 5 MBA Colleges in India (Based on NIRF 2025)

1. IIM Ahmedabad

2. IIM Bangalore

3. IIM Kozhikode

4. IIT Delhi

5. IIM Lucknow

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 10 MBA Colleges in India: NIRF Management Ranking 2025

To choose the best management college, you can look at the NIRF 2025 rankings for the Management category. It lists the top 200+ MBA colleges in India. The parameters for categorising them as the best institutes focus on their placements, especially the industry connections the B-school has, and alumni status. In this table, you can find the ones that have been ranked as the top 10 MBA colleges in India.  

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. 

Key insights for Top MBA Colleges in the NIRF 2025 report

  1. NIRF shows that the legacy reputation of some IIMs has remained among the top 3 MBA colleges in India. The shift in 2025 brought IIT Delhi to position 4. It can be a better option than IIM Calcutta, which held its spot two years back. The IIT Delhi fee for MBA is half of the IIMs as well. This is a significant choice when considering tech and analyst roles, or even going for higher studies in research. At the same time, IIM C is still better for a consultant career, if you look at the IIM Calcutta placements records.
  2. Similarly, IIM Mumbai (formerly NITIE Mumbai, and the 21st IIM of India) has remained in the same position in the last two years. Graduation outcome-wise, IIM Mumbai placement in 2025 was higher (INR 54 LPA as the highest) than that of IIM Ahmedabad and IIM Bangalore.
  3. There is only one private MBA college in India on the list of top 10 institutes in NIRF 2025, that is, MDI Gurgaon. It has consistently competed with the IIMs and IITs with high packages, reaching INR 53+ LPA in consulting, human resources, and general management. Refer to MDI Placements.

Eligibility in Top MBA Colleges in India

The top colleges for MBA in India have the following guidelines for admissions. 
  • One must have a UG degree in any stream with 45-60% aggregate marks
  • Must pass an entrance exam, CAT being the most common. 

Entrance Exams for Top-Ranking MBA Colleges in India in 2026

To get into any of the top business schools in India, you will have to sit for an entrance exam. For all IIMs and tier 1 MBA colleges in India, CAT is a must. But the other private and government institutes in the top 100 NIRF rankings for management schools do take in candidates with MAT and CMAT scores. CMAT is easier than CAT, and MAT is also considered easier than CMAT. You can prepare for CAT exam from now, but check the entrance exam schedules for top MBA colleges in India right here. 

Exam Name

Exam Schedule

MBA Colleges Accepting Entrances

CAT

CAT Schedule

Colleges Accepting CAT score

CMAT

CMAT Schedule

Colleges Accepting CMAT Score

MAT

MAT Schedule

Top MBA Colleges Accepting MAT

ATMA

ATMA Schedule

Top MBA Colleges Accepting ATMA

Source: Official site sourced but may change.

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
IIM Ahmedabad
IIM Bangalore
IIM Kozhikode
DMS IIT Delhi
IIM Lucknow

Source: Official site and may vary.

Top 7 Private MBA Colleges in India: Admissions and Fees

The private B schools in this list are among the top 30 MBA colleges in India (ranks 1-30) and are on the NIRF 2025 rankings list. These institutes are spread across Jamshedpur, Gurgaon, Pune, Mumbai, Coimbatore. and Ghaziabad. Follow the admission guidelines with the links, while you review the fees for the full-time, residential MBA courses for each. 

College Name MBA Course Tuition Fee Range
XLRI Xavier School of Management Admission INR 15 Lakh - 57.17 Lakh
Management Development Institute Admission INR 18.67 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
NMIMS Mumbai Admission INR 10 Lakh to INR 27 lakh
Amrita Vishwa Vidyapeetham Admission INR 6 Lakh to INR 12 lakh
IMT Ghaziabad Admission INR 9.8 Lakh - 22.27 Lakh

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

Top 6 Government MBA Colleges in India: Admissions and Fees 

The table lists the 6 government management schools from the top 20 MBA colleges in India from NIRF 2025. Two management schools are in Delhi, while the rest are in Ahmedabad, Bangalore, Kozhikode, and Lucknow. The lowest fee government MBA colleges in the top 10 NIRF list in the management category are IIM Lucknow and IIT Delhi. 

College Name Average Course Fees
IIM Ahmedabad Admission INR 27 Lakh
IIM Bangalore Admission INR 26 Lakh
IIM Kozhikode Admission INR 14 to 22.5 Lakh
Department of Management Studies, IIT Delhi Admission INR 12 Lakh
IIM Lucknow Admission INR 12 Lakh
Indian Institute of Foreign Trade Admission INR 17.17 Lakh to 21.8 Lakh

Source: Official site info can vary.

Read More About the Best MBA Colleges in India:

Fees and Salary at the Top MBA Colleges in India

The fee ranges for the top MBA colleges are higher but they also provide excellent placements. You can consider the average packages of the IIMs and other top ranking MBA colleges in India, while comparing the fees. 

College Name

Average Course Fees

Average Annual Salary

IIM Ahmedabad Placements

INR 27 Lakh

INR 35 LPA

IIM Bangalore Placements

INR 26 Lakh

INR 32+ LPA

Amrita Vishwa Vidyapeetham Placements

INR 6 Lakh to INR 12 lakh

INR 8.3+ LPA

IIM Calcutta Placements INR 25 Lakh INR 36 LPA
SPJIMR Placements INR 24 Lakh INR 23 +LPA

XLRI Placements

INR 15 Lakh to INR 57.17 Lakh

INR 31 LPA

SIMB Pune Placements

INR 19.2 Lakh to 26.2 Lakh

INR 28+ LPA

Source: All info are from the official sites. 

Affordable MBA Colleges in India: MBA Fees and Packages 

The most affordable MBAs from NIRF's top-ranking management colleges in India are offered by renowned public universities in North India, including Jamia Millia Islamia, Banaras Hindu University, Panjab University, and BBAU. They also boast good packages. 

Low-Cost MBA College Average MBA Course Fees Average Packages
Jamia Millia Islamia MBA fees INR 53,100 to INR 1.4 Lakh INR 10.2 lakh
BHU MBA Fees INR 10, 200 to INR 2.2 Lakh INR 9 to INR 11.8 lakh
Panjab University Fees INR 32, 640 to INR 4.79 Lakh INR 12 lakh

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

Compare the Top MBA Colleges in India

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

Read More

Location

Total Fees

Rating

Ownership

Specialization

Exams Accepted

101-125
NIRF ' 25
Tezpur University
4.1

Placements

3.1

Infrastructure

4.4

Faculty & Course Curriculum

4.0

Crowd & Campus Life

4.5

Value for Money

4.2

Learning Experience

0.0

Course Support

0.0
(161)
Fees: 62,792
Salary : 8.00 Lakh
Not Ranked
Business Today ' 24
Not Ranked
Outlook ' 26
101-125
NIRF ' 25
Allahabad University
3.6

Placements

2.9

Infrastructure

3.6

Faculty & Course Curriculum

3.8

Crowd & Campus Life

3.7

Value for Money

4.0

Learning Experience

0.0

Course Support

0.0
(698)
Salary : 9.80 Lakh
Not Ranked
Business Today ' 24
Not Ranked
Outlook ' 26
101-125
NIRF ' 25
UoH - University of Hyderabad
4.3

Placements

3.8

Infrastructure

4.3

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.6

Value for Money

4.6

Learning Experience

0.0

Course Support

0.0
(95)
Fees: 2.16 Lakh
Salary : 6.50 Lakh
Not Ranked
Business Today ' 24
Not Ranked
Outlook ' 26
101-125
NIRF ' 25
Vignan's Foundation for Science, Technology and Research
4.1

Placements

3.9

Infrastructure

4.1

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.3

Value for Money

3.9

Learning Experience

0.0

Course Support

0.0
(842)
Fees: 4.00 Lakh
Salary : 5.70 Lakh
136
Business Today ' 24
Not Ranked
Outlook ' 26
Q&A Icon
Commonly asked questions
On Top MBA Colleges in India 2026: Ranking, Fees, Admission, Courses, Placements
Q:   What is the highest package offered during MDI Gurgaon placements?
A: 

The highest package offered during MDI Gurgaon placements over the past three years is below:

Particulars

Placement Statistics (2023)

Placement Statistics (2024)

Placement Statistics (2025)

Highest package

INR 60 LPA

INR 63.3 LPA

INR 53.6 LPA

Q:   Is there 100% placement in XLRI Jamshedpur?
A: 

According to the latest report 2026, PGDM students accepted 576 domestic offers and 2 international offers in 2026. The placement percentage data is not released as of now. Earlier, during the placement drive 2024, 100% PGDM BM and HRM students were placed. 

For PGDM GM, 98% students were placed during the placement drive 2025.

Q:   Is it difficult to get into symbiosis?
A: 

Symbiosis International (Deemed University) is one of the best universities present in India and is known for offering great placements to students. Hence, a lot of students compete every year to gain admission to this university. Therefore, getting admission here is difficult but not impossible. If the students want to get admission to various courses at Symbiosis Institute of Business Management Pune, they must clear SNAP exam. Fo this, candidates must go through the SNAP syllabus, keep an eye on SNAP admit card release date, and follow the SNAP preparation guidelines.

Q:   Who is eligible for Global Management Programme at SPJIMR?
A: 

Aspirants must hold a bachelor's degree with a minimum of 55% marks or an equivalent CGPA in any discipline from a recognised university to apply for Global Management Programme at SPJIMR. Candidates can also submit a valid GMAT/ CAT/ XAT/ NMAT/ GRE score. Both freshers and experienced are eligible to apply for this course. 

Other popular MBA/PGDM colleges in India

2 Courses
27.5 L
20.05 - 34.59 LPA

#1 NIRF

2 Courses
26 L
32.61 LPA

#2 NIRF

14 L - 22.5 L
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#3 NIRF

4.2 L - 6 L
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#4 NIRF

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#5 NIRF

2 Courses
19.2 L - 26.2 L
26.04 LPA

#11 NIRF

9.85 L - 10.85 L
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1 Course
8.5 L
3.9 LPA
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#6 NIRF

3 Courses
36 K - 1.05 L
3.15 - 3.48 LPA
10.75 L
TOP B-School in India with 200% ROI | 100 % Placements | Highest Sal -50 LPA, Avg Sal -21 LPA
8.55 L
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2 Courses
25 L - 27 L
31.05 - 34 LPA

#7 NIRF

3 Courses
17.25 L - 20 L
24 - 24.5 LPA

#8 NIRF

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Only B-School to get AICTE Award Thrice in a row. Highest Package 16.1L,Avg Package 6.5L
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4 Courses
18.67 L
21.65 - 26.2 LPA

#9 NIRF

2 Courses
4.5
8.71 LPA
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4 L - 5.5 L
1 Course
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1 Course
3.12 L
3.8
6.4 L - 13.8 L
1 Course
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14 LPA

#12 NIRF

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18 LPA

#13 NIRF

14.95 L
25.25 LPA

#14 NIRF