Updated on Dec 1, 2023 16:12 IST
Tasbiya Khan

Tasbiya KhanSenior Executive

Top MBA Colleges in India 2023: Rankings, Fees, Admissions, Courses, Placements

There are about 110 top MBA colleges in India. Out of which, 64 colleges are privately owned, 45 colleges are owned by public/government organisations, and public-private organisations own 1 college. CAT, XAT, and CMAT are the main accepting exams in top MBA colleges in India. As per NIRF ranking 2023, the best MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, etc. Top recruiters for MBA are Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, Accenture, etc.

The revised position for some of the top MBA colleges in India is mentioned below:

  • IIM Kozhikode improved its ranking as it shifted to rank 3 in 2023 as compared to rank 5 in 2022
  • IIM Calcutta declined in its order as it shifted to rank 4 in 2023 as compared to rank 3 in 2022
  • Banaras Hindu University has the lowest tuition fee, which is INR 10,228.
  • IIM Ahmedabad offers the highest placement package, i.e. INR 31.50 LPA.
  • The best MBA school in India is IIM Ahmedabad, followed by IIM Bangalore and IIM Kozhikode. In the most recent NIRF rankings for 2023, the institutes are rated 1, 2, and 3.

Latest Updates:

  • The XAT 2024 registration last date has been extended till Dec 10, 2023. Further, XAT 2024 admit card will be released on Dec 20, 2023 and the exam is scheduled for Jan 7, 2024.  

  • CAT exam 2023 was held on November 26, 2023. Registered candidates can download the official answer key from the IIMCAT website.
  • KMAT 2023 result is likely to be announced in the month of December 2023. Candidates who appeared for the KMAT Karnataka exam 2023 can check their results online.

Top MBA Colleges in India: Highlights 2023

One of the most sought-after postgraduate courses is the Master of Business Administration or MBA. This two-year course opens the door to numerous corporate job opportunities. The MBA is chosen by students from various backgrounds, including the Humanities, Business, and Science. A regular MBA is a two-year course that is spread across four semesters. Additionally, there are a few private MBA schools that provide one-year PGDM courses.

Check out some key features of the best MBA colleges in India. This brief summary will assist in better college selection.

Parameters

Particulars/Statistics

No. of MBA Colleges

110

Top Distance MBA Colleges

XLRI Xavier School of Management, SRM Institute of Science and Technology, IGNOU, etc.

Annual Fees

INR < 1 lakh: 7 Colleges

INR 1-2 lakh: 5 Colleges

INR 2-3 lakh: 6 Colleges

INR 3-5 lakh: 11 Colleges

INR > 5 lakh: 74 Colleges

Top Specialisations

Sales and Marketing, Finance, Human Resources, Operations, IT and Systems, etc.

Accepted Entrance Exams

CAT, XAT, CMAT, MAT, etc.

No. of Top MBA Colleges

20 IIMs

23 IITs

Predict your chances here: MBA 2023 Cutoff Predictor

How can I get admission to top MBA colleges in India?

The eligibility criteria for top B-Schools in India may differ from one college to another. However, the essential MBA eligibility criteria are as follows:

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university as an essential eligibility criteria for MBA (full-time).
  • Most institutes follow the minimum score criteria in graduation which are 50% aggregate or equivalent CGPA. For reserved category students, the minimum aggregate is 45%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.

What are the entrance exams for MBA colleges in India?

The two most popular entrance exams accepted in top MBA Colleges in India are:

  • CAT: The Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 20 IIMs and over 1,200 B-schools in India. CAT question paper is divided into three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude.
  • XAT: XAT (Xavier Aptitude Test) is a national-level management entrance examination conducted by XLRI, Jamshedpur for admission to MBA/PGDM programmes. XAT preparation needs at least six to nine months. Being one of the more challenging MBA entrance exams among its peers, XAT requires dedicated time and effort. It comprises four sections: Decision Making, Verbal Ability and Logical Reasoning, Quantitative Ability & Data Interpretation, and General Knowledge.
  • MAT: Management Aptitude Test or MAT is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September, and December. MAT exam is conducted offline (Paper Based Test or PBT), online (Computer Based Test or CBT), and remotely proctored (Internet Based Test or IBT) modes.

Listed below are the following admission dates for best MBA colleges in India along with their schedule and cut off 2023 predictor:

Exam Name

Dates

Schedule

Cut off 2023 Predictor

CAT Exam 2023

26 Nov ‘23

CAT Schedule

CAT 2023 Predictor

XAT Exam 2024

7 Jan ‘24

XAT Schedule

XAT 2023 Predictor

CMAT Exam 2024

May '24

CMAT Schedule

CMAT 2023 Predictor

MAT CBT 1 Exam 2023

3 Dec '23

MAT Schedule

MAT 2023 Predictor

NMAT Exam 2024

To Be Announced

NMAT Schedule

NMAT 2023 Predictor

Read More About Entrance Exam Accepting Colleges:

Also Read About CAT, MAT, and CMAT Mock Test Series:

Which is the best College for MBA in India?

Every year, NIRF rankings are published in accordance with the annual data gathered by the framework. Five factors, including graduation rate, research and professional practises, teaching and learning resources, and the overall impression of the institution, are used to determine rankings and ratings.

Following is a list of the top ten MBA colleges in India ranked by NIRF 2023:

College Name

NIRF 2021

NIRF 2022

NIRF 2023

Indian Institute of Management, (IIM) Ahmedabad

1

1

1

Indian Institute of Management, (IIM) Bangalore

2

2

2

Indian Institute of Management, (IIM) Kozhikode

4

5

3

Indian Institute of Management, (IIM) Calcutta

3

3

4

Indian Institute of Technology, (IIT) Delhi

5

4

5

Indian Institute of Management, (IIM) Lucknow

7

6

6

IIM Mumbai (formerly known as NITIE)

12

9

7

Indian Institute of Management, (IIM) Indore

6

7

8

XLRI-Xavier School of Management

12

12

9

Indian Institute of Technology Bombay

10

11

10

READ MORE: MBA Courses

What are the top Private MBA colleges in India?

Among the top ten MBA colleges in India. Here is a list of some of the top private MBA colleges in India along with their total tuition fee/seat intake and entrance exam/eligibility criteria:

College Name

Total Tuition Fee/Seat Intake

Entrance Exam/Eligibility

XLRI MBA Admission

INR 29 lakh

Seats: 1,310

Entrance Exams: XAT, GMAT

Graduation with a minimum aggregate of 50%

MDI MBA Admission

INR 25 lakh

Seats: 750

Entrance Exams: CAT, XAT, MAT, GMAT

Graduation with 50% aggregate

SIBM Pune MBA Admission

INR 22 lakh

Seats: 282

Entrance Exam: SNAP

Bachelor’s degree with an aggregate of 50%

SPJIMR MBA Admission

INR 20 lakh

Seats: 780

Entrance Exam: CAT

Graduation with 50% aggregate

NMIMS School of Business Management MBA Admission

INR 12 lakh

Seats: 990

Entrance Exam: NMAT

Graduation with 55% aggregate

Amity University Noida MBA Admission

INR 5 lakh

Seats: 120

Entrance Exams: MAT, XAT, CAT, NMAT, etc.

Class 12 with 70% and graduation with 60% aggregate

LPU MBA Admission

INR 8 lakh

Seats: 500

Entrance Exams: LPU NEST, MAT, XAT, CAT, etc.

Class 12 with 60% and graduation with 55% aggregate

READ MORE: MBA Syllabus

What are the top Govt. MBA colleges in India?

Among the top ten MBA colleges in India. Here is a list of some of the top public/government MBA colleges in India along with their total course fee/seat intake and entrance exams/eligibility criteria:

College Name

Total Tuition Fee/Seat Intake

Entrance Exam/Eligibility

IIM Ahmedabad MBA Admission

INR 25 lakh

Seats: 50

Entrance Exam: CAT, GATE

Graduation with 50% aggregate

IIM Bangalore MBA Admission

INR 25 lakh

Seats: 635

Entrance Exam: CAT

Graduation with 50% aggregate (45 % for SC/ST students)

IIT Delhi MBA Admission

INR 11 lakh

Seats: 91

Entrance Exam: CAT

Graduation with 60% aggregate

IIM Kozhikode MBA Admission

INR 21 lakh

Entrance Exam: CAT, EMAT

Graduation with 50% aggregate

IIM Lucknow MBA Admission

INR 13 lakh

Entrance Exam: CAT

Graduation with 50% aggregate

IIM Raipur MBA Admission

INR 14 lakh

Entrance Exam: CAT

Graduation with 50% aggregate

IIM Rohtak MBA Admission

INR 9 lakh

Entrance Exams: CAT, IPM Aptitude Test
Class 12 with 60% aggregate

READ MORE: MBA Admission 2024

What are the top Distance MBA Colleges in India 2023?

The table below shows the distance good MBA colleges in India along with their total tuition fee and seat intake:

Distance MBA Colleges

Total Tuition Fee

Seat Intake

XLRI Xavier School of Management

INR 14 lakh

NA

SRM Institute of Science and Technology

INR 60,000

1,200

National Institute of Agricultural Extension Management

INR 15,000

NA

Neville Wadia Institute of Management Studies and Research

INR 3.8 lakh

120

Indian Institute of Finance

INR 1.6 lakh

NA

IGNOU

INR 62,000

NA

Click on the given link to learn the procedure of Admission to top IIMs:

IIM Admission Criteria and Selection Process 2023

Click on the below link to try free Shiksha Mock Tests:

Which state is best for top MBA colleges in India?

Listed below are the state-wise distribution of good MBA colleges in India:

What are the top MBA Colleges in Delhi/NCR?

Refer to the table below for a detailed overview of the top MBA colleges in Delhi/NCR along with their NIRF ranking and total tuition fee/entrance exams:

College Name

NIRF Ranking (2023)

Total Tuition Fee/ Exam

IIM Rohtak

12

Fee: INR 9 lakh

Exams: CAT, IPM Aptitude Test

MDI Gurgaon

13

Fee: INR 25

Exam: CAT

JMI

25

Fee: INR 47,000

Exam: JMI Entrance Exam

IIFT Delhi

27

Fee: INR 22 lakh

Exam: IIFT

Amity University Noida

28

Fee: INR 5 lakh

Exams: MAT, XAT, CAT, NMAT, etc.

What are the top MBA Colleges in Mumbai (All)?

Refer to the table below for a detailed overview of the top MBA colleges in Mumbai (All) along with their NIRF ranking and total tuition fee/entrance exams:

College Name

NIRF Ranking (2023)

Total Tuition Fee/ Exam

IIM Mumbai

7

Fee: INR 6 lakh

Exam: CAT

 SP Jain Institute of Management and Research

20

Fee: INR 20 lakh

Exam: CAT

NMIMS School of Business Management

21

Fee: INR 12 lakh

Exam: NMAT

Welingkar Mumbai

73

Fee: INR 14 lakh

Exam: CAT, XAT, CMAT, ATMA

What are the top MBA Colleges in Kolkata?

Refer to the table below for a detailed overview of the top MBA colleges in Kolkata along with their NIRF ranking and total tuition fee/entrance exams:

College Name

NIRF Ranking (2023)

Total Tuition Fee/ Exam

IIM Calcutta

4

Exam: CAT

International Management Institute

70

Fee: INR 10 lakh

Exam: XAT, CAT, CMAT

What are the top MBA Colleges in Bangalore?

Refer to the table below for a detailed overview of the top MBA colleges in Bangalore along with their NIRF ranking and total tuition fee/entrance exams:

College Name

NIRF Ranking (2023)

Total Tuition Fee/ Exam

IIM Bangalore

2

Fee: INR 25 lakh

Exam: CAT

Christ University

60

Fee: INR 9 lakh

Exams: CAT, XAT, CMAT, Karnataka PGCET, etc.

Jain Deemed to be University

85

Exams: Karnataka PGCET, MAT, CAT, JET, XAT, etc.

Alliance School of Business

87

Fee: INR 15 lakh

Exams: MAT, GMAT, CAT, KMAT, Karnataka PGCET, NMAT, etc.

Welingkar Bangalore

101-125

Fee: INR 13 lakh

Exams: CAT, XAT, CMAT, ATMA

What are the top MBA Colleges in Chennai?

Refer to the table below for a detailed overview of the top MBA colleges in Chennai along with their NIRF ranking and total tuition fee/entrance exams:

College Name

NIRF Ranking (2023)

Total Tuition Fee/ Exam

Great Lakes Institute of Management

31

Fee: INR 11 lakh

Exams: CAT, CMAT, XAT

Saveetha Institute of Medical and Technical Sciences

71

Fee: INR 7 lakh

Exams: CAT, MAT, XAT, CMAT, etc.

B.S. Abdur Rahman Crescent Institute of Science and Technology

101-125

Fee: INR 5 lakh

Exams: MAT, XAT, CAT, TANCET, etc.

Hindustan Institute of Technology and Science

101-125

Fee: INR 3 lakh

Exams: HITSCAT, MAT, XAT, CAT, etc.

What are the top MBA Colleges in Pune?

Refer to the table below for a detailed overview of the top MBA colleges in Pune along with their NIRF ranking and total tuition fee/entrance exams:

College Name

NIRF Ranking (2023)

Total Tuition Fee/ Exam

SIBM Pune

17

Fee: INR 22 lakh

Exam: SNAP

National Institute of Bank Management

76

Fee: 14 lakh

Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth

101-125

Fee: INR 5 lakh

Exam: BMAT

National Insurance Academy

101-125

Fee: INR 9 lakh

Exam: CAT, CMAT

Pune Institute of Business Management

101-125

Fee: INR 8 lakh

Exams: MAT, XAT, CAT, CMAT, MAH CET

Read More About Other Top MBA Colleges in Different States and Cities:

Which MBA College offers highest salary in India?

Return on investment, or ROI, is the sum that students receive as a placement offer in return for investing a sizable sum of money to attend a college and complete a degree of study.

The best MBA colleges in India with the total tuition fee and annual average package are tabulated below:

College Name

Total Tuition Fee

Annual Average Package

IIM Ahmedabad MBA

INR 25 lakh

INR 30 LPA

IIM Bangalore MBA

INR 25 lakh

INR 33 LPA

IIT Delhi MBA

INR 11 lakh

INR 24 LPA

IIM Kozhikode MBA

INR 21 lakh

INR 27 LPA

IIM Lucknow MBA

INR 13 lakh

INR 30 LPA

XLRI MBA

INR 29 lakh

INR 30 LPA

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

READ MORE: Career After MBA

Which top MBA colleges in India have the best placements?

Below is the list of best MBA colleges in India and a few top companies that recruit MBA graduates from top MBA institutes in India along with their placement ratings:

College Name

Annual Average Package

Top Recruiters

IIM Ahmedabad MBA Placements

INR 30 LPA

Boston Consultancy, TCS, Axis Bank, Larson and Tourbro, Amazon, Sunsilk, etc.

IIM Bangalore MBA Placements

INR 33 LPA

Accenture, Amazon, Paytm, Microsoft, Vedanta, Mckinsey, Nielsen Bangalore, etc.

IIT Delhi MBA Placements

INR 24 LPA

RB, Wipro, Synergy Consulting, ICICI Bank, Amway, SHELL, etc.

IIM Kozhikode MBA Placements

INR 27 LPA

Microsoft, Accenture, Amazon, Deloitte, Capgemini, TCS, HCL, Cognizant, Abbott, HDFC Bank, Yes Bank, etc.

Which MBA College has lowest fees in India?

Pursuing MBA courses in colleges in India is expensive as most of the colleges have a total tuition fee of more than INR 5 lakh such as IIM Calcutta, IIM Lucknow, IIM Indore, IIM Raipur, etc. Tabulated below are the names of Top MBA Colleges in India along with their total tuition fee structure:

Fee Range

Names of Colleges

< INR 1 lakh

JMI, BHU, Panjab University, etc.

INR 1-2 lakh

NIT Trichy, UPES, IFHE Hyderabad, etc.

INR 2-3 lakh

Guru Gobind Singh Indraprastha University, MNIT Jaipur, Chitkara Colleges of Sales & Marketing, etc.

INR 3-5 lakh

IIT Kharagpur, IIT Roorkee, IIM Ranchi, etc.

INR > 5 lakh

IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, etc.

Which MBA specialization is high in demand?

In India, the MBA degree is offered in various specialisations. See the table below for a detailed overview of the top specialisations offered by the top MBA institutes in India:

Specialisations

Number of Colleges

Finance

62

Sales & Marketing

60

Human Resources

57

Operations

47

IT & Systems

29

Also Read about XAT, CAT, and CUET PG Exam:

How much percentile is required for top MBA colleges in India?

CAT cut-off for IIM admission is fixed by each institute category wise. While the qualifying cut offs range between 80 and 90 percentile (General category), the final cut offs are much higher. Given below is the table indicating qualifying CAT cut-off percentiles of 10 IIMs:

College Name

CAT cut-offs

IIM Ahmedabad Cutoff

90 percentile

IIM Bangalore Cutoff

90 percentile

IIM Calcutta Cutoff

90 percentile

IIM Lucknow Cutoff

90 percentile

IIM Kozhikode Cutoff

90 percentile

IIM Indore Cutoff

90 percentile

IIM Rohtak Cutoff

90 percentile

IIM Visakhapatnam Cutoff

90 percentile

IIM Trichy Cutoff

92 percentile

IIM Udaipur Cutoff

92 percentile

Top MBA Colleges in India: Comparison

To check the comparison between the top MBA schools in India, click the link below:

Read More

Location

Total Fees

Rating

Ownership

Specialization

Exams Accepted

1
NIRF ' 23
IIM Ahmedabad - Indian Institute of Management
4.6

Placements

4.6

Infrastructure

4.6

Faculty & Course Curriculum

4.6

Crowd & Campus Life

4.4

Value for Money

4.6
(45)
Fees: 25.00 Lakh
Salary : 30.00 Lakh
2
Business Today ' 23
Not Ranked
Times ' 23
1
Outlook ' 24
2
NIRF ' 23
IIM Bangalore - Indian Institute of Management
4.8

Placements

4.9

Infrastructure

4.7

Faculty & Course Curriculum

4.7

Crowd & Campus Life

4.8

Value for Money

4.8
(25)
Fees: 24.50 Lakh
Salary : 33.00 Lakh
3
Business Today ' 23
Not Ranked
Times ' 23
2
Outlook ' 24
3
NIRF ' 23
IIM Kozhikode - Indian Institute of Management
4.4

Placements

4.3

Infrastructure

4.4

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.7

Value for Money

4.4
(52)
Fees: 20.50 Lakh
Salary : 27.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
4
NIRF ' 23
IIM Calcutta - Indian Institute of Management
4.7

Placements

4.8

Infrastructure

4.4

Faculty & Course Curriculum

4.6

Crowd & Campus Life

4.7

Value for Money

4.7
(45)
Salary : 31.00 Lakh
1
Business Today ' 23
Not Ranked
Times ' 23
3
Outlook ' 24
5
NIRF ' 23
Department of Management Studies, IIT Delhi
4.4

Placements

4.3

Infrastructure

4.5

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.4

Value for Money

4.7
(40)
Fees: 11.20 Lakh
Salary : 24.45 Lakh
16
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
6
NIRF ' 23
IIM Lucknow - Indian Institute of Management
4.5

Placements

4.6

Infrastructure

4.6

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.5

Value for Money

4.5
(63)
Fees: 12.60 Lakh
Salary : 30.00 Lakh
4
Business Today ' 23
Not Ranked
Times ' 23
4
Outlook ' 24
7
NIRF ' 23
Indian Institute of Management Mumbai
4.5

Placements

4.8

Infrastructure

4.2

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.6

Value for Money

4.9
(39)
Fees: 6.40 Lakh
Salary : 22.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
8
NIRF ' 23
IIM Indore - Indian Institute of Management
4.4

Placements

4.2

Infrastructure

4.5

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.5

Value for Money

4.1
(203)
6
Business Today ' 23
Not Ranked
Times ' 23
5
Outlook ' 24
9
NIRF ' 23
XLRI Xavier School of Management
4.6

Placements

4.7

Infrastructure

4.7

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.8

Value for Money

4.2
(40)
Fees: 28.60 Lakh
Salary : 30.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
11
NIRF ' 23
IIM Raipur - Indian Institute of Management
4.1

Placements

4.0

Infrastructure

4.0

Faculty & Course Curriculum

4.2

Crowd & Campus Life

4.2

Value for Money

4.1
(102)
Fees: 14.19 Lakh
Salary : 20.00 Lakh
Not Ranked
Business Today ' 23
2
Times ' 23
8
Outlook ' 24
12
NIRF ' 23
IIM Rohtak - Indian Institute of Management
4.2

Placements

4.3

Infrastructure

4.3

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.3

Value for Money

4.3
(147)
Fees: 17.90 Lakh
Salary : 17.50 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
13
NIRF ' 23
Management Development Institute
4.5

Placements

4.8

Infrastructure

4.4

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.6

Value for Money

4.3
(17)
Fees: 24.70 Lakh
Salary : 26.70 Lakh
7
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
14
NIRF ' 23
IIT Kharagpur - Indian Institute of Technology
4.5

Placements

4.5

Infrastructure

4.5

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.7

Value for Money

4.6
(446)
Fees: 3.00 Lakh
Salary : 18.08 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
16
NIRF ' 23
IIM Udaipur - Indian Institute of Management
4.2

Placements

4.1

Infrastructure

4.0

Faculty & Course Curriculum

4.5

Crowd & Campus Life

4.4

Value for Money

4.2
(66)
Fees: 17.50 Lakh
Salary : 18.53 Lakh
18
Business Today ' 23
Not Ranked
Times ' 23
9
Outlook ' 24
17
NIRF ' 23
Symbiosis Institute of Business Management, Symbiosis International, Pune
4.4

Placements

4.4

Infrastructure

4.7

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.7

Value for Money

4.2
(81)
Fees: 22.20 Lakh
Salary : 24.00 Lakh
14
Business Today ' 23
1
Times ' 23
Not Ranked
Outlook ' 24
18
NIRF ' 23
IIT Roorkee - Indian Institute of Technology
4.4

Placements

4.3

Infrastructure

4.5

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.7

Value for Money

4.5
(495)
Fees: 4.00 Lakh
Salary : 18.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
19
NIRF ' 23
IIM Kashipur - Indian Institute of Management
4.4

Placements

4.3

Infrastructure

4.7

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.5

Value for Money

4.3
(167)
Fees: 16.96 Lakh
Salary : 17.20 Lakh
28
Business Today ' 23
8
Times ' 23
13
Outlook ' 24
20
NIRF ' 23
S.P. Jain Institute of Management and Research, Mumbai
4.3

Placements

4.2

Infrastructure

3.9

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.4

Value for Money

4.3
(36)
Fees: 20.42 Lakh
Salary : 32.89 Lakh
5
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
21
NIRF ' 23
NMIMS School of Business Management, Mumbai
4.2

Placements

4.2

Infrastructure

4.5

Faculty & Course Curriculum

4.5

Crowd & Campus Life

4.1

Value for Money

3.9
(142)
Fees: 11.95 Lakh
10
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
22
NIRF ' 23
IIM Trichy - Indian Institute of Management
4.4

Placements

4.2

Infrastructure

4.7

Faculty & Course Curriculum

4.7

Crowd & Campus Life

4.1

Value for Money

4.3
(32)
Fees: 19.50 Lakh
Salary : 19.50 Lakh
19
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
24
NIRF ' 23
IIM Ranchi - Indian Institute of Management
4.3

Placements

4.3

Infrastructure

3.8

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.6

Value for Money

4.4
(36)
Fees: 4.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
7
Outlook ' 24
25
NIRF ' 23
Jamia Millia Islamia
4.3

Placements

3.6

Infrastructure

4.4

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.4

Value for Money

4.7
(585)
Fees: 47,000
Salary : 8.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
26
NIRF ' 23
IIM Shillong - Indian Institute of Management
3.8

Placements

3.9

Infrastructure

3.4

Faculty & Course Curriculum

3.5

Crowd & Campus Life

4.3

Value for Money

3.9
(25)
Salary : 26.09 Lakh
12
Business Today ' 23
Not Ranked
Times ' 23
6
Outlook ' 24
27
NIRF ' 23
Indian Institute of Foreign Trade, Delhi
4.3

Placements

4.6

Infrastructure

3.8

Faculty & Course Curriculum

4.4

Crowd & Campus Life

4.5

Value for Money

4.3
(38)
Fees: 21.77 Lakh
Salary : 26.50 Lakh
9
Business Today ' 23
4
Times ' 23
Not Ranked
Outlook ' 24
28
NIRF ' 23
Amity University, Noida
4.0

Placements

3.6

Infrastructure

4.5

Faculty & Course Curriculum

4.0

Crowd & Campus Life

4.5

Value for Money

3.6
(1646)
Fees: 4.86 Lakh
Salary : 5.50 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
29
NIRF ' 23
IIM Visakhapatnam - Indian Institute of Management
4.3

Placements

4.2

Infrastructure

4.4

Faculty & Course Curriculum

4.6

Crowd & Campus Life

4.1

Value for Money

4.4
(40)
Fees: 16.10 Lakh
Salary : 16.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
31
NIRF ' 23
Great Lakes Institute of Management, Chennai
4.3

Placements

3.9

Infrastructure

4.7

Faculty & Course Curriculum

4.6

Crowd & Campus Life

4.4

Value for Money

3.9
(75)
Fees: 11.20 Lakh
17
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
32
NIRF ' 23
LPU - Lovely Professional University
4.3

Placements

4.0

Infrastructure

4.5

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.5

Value for Money

4.1
(4177)
Fees: 8.00 Lakh
Salary : 6.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
33
NIRF ' 23
GIM - Goa Institute of Management
4.3

Placements

4.1

Infrastructure

4.6

Faculty & Course Curriculum

4.2

Crowd & Campus Life

4.7

Value for Money

4.0
(127)
Fees: 18.31 Lakh
Salary : 14.70 Lakh
27
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
34
NIRF ' 23
International Management Institute, New Delhi
4.1

Placements

4.2

Infrastructure

3.6

Faculty & Course Curriculum

4.6

Crowd & Campus Life

4.3

Value for Money

3.9
(212)
Fees: 20.80 Lakh
Salary : 16.84 Lakh
11
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
35
NIRF ' 23
NIT Trichy - National Institute of Technology
4.4

Placements

4.4

Infrastructure

4.3

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.5

Value for Money

4.5
(318)
Fees: 1.40 Lakh
Salary : 7.60 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
36
NIRF ' 23
Chandigarh University (CU)
4.2

Placements

4.2

Infrastructure

4.4

Faculty & Course Curriculum

4.1

Crowd & Campus Life

4.4

Value for Money

4.1
(3839)
Fees: 5.56 Lakh
Salary : 7.63 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
37
NIRF ' 23
MICA
4.4

Placements

4.2

Infrastructure

4.5

Faculty & Course Curriculum

4.2

Crowd & Campus Life

4.8

Value for Money

4.2
(33)
Fees: 23.00 Lakh
Salary : 19.00 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
38
NIRF ' 23
IMT Ghaziabad - Institute of Management Technology
4.2

Placements

3.9

Infrastructure

4.3

Faculty & Course Curriculum

4.2

Crowd & Campus Life

4.5

Value for Money

4.0
(258)
Fees: 20.80 Lakh
Salary : 16.29 Lakh
13
Business Today ' 23
3
Times ' 23
Not Ranked
Outlook ' 24
39
NIRF ' 23
UPES
4.1

Placements

3.9

Infrastructure

4.3

Faculty & Course Curriculum

4.2

Crowd & Campus Life

4.2

Value for Money

3.7
(656)
Fees: 1.50 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
40
NIRF ' 23
IFHE Hyderabad - ICFAI Foundation For Higher Education
3.9

Placements

3.5

Infrastructure

4.3

Faculty & Course Curriculum

4.0

Crowd & Campus Life

4.3

Value for Money

3.4
(517)
Fees: 1.80 Lakh
Salary : 8.23 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
41
NIRF ' 23
IIM Jammu - Indian Institute of Management
3.9

Placements

4.0

Infrastructure

3.5

Faculty & Course Curriculum

4.2

Crowd & Campus Life

4.0

Value for Money

4.0
(72)
Fees: 10.50 Lakh
Salary : 15.25 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
42
NIRF ' 23
T A Pai Management Institute, Manipal, MAHE
4.2

Placements

4.0

Infrastructure

4.4

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.3

Value for Money

4.0
(84)
Fees: 16.50 Lakh
Salary : 11.68 Lakh
21
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24
43
NIRF ' 23
IIM Nagpur - Indian Institute of Management
4.3

Placements

4.3

Infrastructure

4.0

Faculty & Course Curriculum

4.3

Crowd & Campus Life

4.3

Value for Money

4.7
(3)
Fees: 18.90 Lakh
Salary : 16.85 Lakh
24
Business Today ' 23
Not Ranked
Times ' 23
20
Outlook ' 24
44
NIRF ' 23
IIT Dhanbad (ISM) - Indian Institute of Technology (ISM)
4.2

Placements

4.1

Infrastructure

4.1

Faculty & Course Curriculum

3.9

Crowd & Campus Life

4.3

Value for Money

4.4
(402)
Fees: 3.00 Lakh
Salary : 15.95 Lakh
Not Ranked
Business Today ' 23
Not Ranked
Times ' 23
Not Ranked
Outlook ' 24

Top MBA Colleges in India FAQs

Q. Which is the No 1 colleges for MBA in India?

A. IIM Ahmedabad is the no. 1 MBA college in India. Gujarat is home to the public business school IIM Ahmedabad, also known as IIM-A, which was founded in 1961. The MHRD, Government of India, has given the institute the designation of "Institute of National Importance." It is regarded as India's top institution for management education and received the top spot in the 'Management' category of the NIRF Rankings 2023. The Total Tuition fee of the MBA is course is INR 18.19 lakh. The top recruiters for the colleges are Boston Consultancy, Tata Consultancy Services, Axis Bank, Larson and Torbro, Amazon, Sunsilk, etc. 

Q. Which are the top 10 MBA colleges in India as per NIRF ranking 2023?

A. There are 20 IIMs and 23 IITs ranked by NIRF. Listed below are the top MBA programs in India along with their NIRF ranking 2023:

College Name

NIRF 2023

Indian Institute of Management, (IIM) Ahmedabad

1

Indian Institute of Management, (IIM) Bangalore

2

Indian Institute of Management, (IIM) Kozhikode

3

Indian Institute of Management, (IIM) Calcutta

4

Indian Institute of Technology, (IIT) Delhi

5

Indian Institute of Management, (IIM) Lucknow

6

National Institute of Industrial Engineering, (NITIE) Mumbai

7

Indian Institute of Management, (IIM) Indore

8

IIM Mumbai (formerly known as NITIE)

9

Indian Institute of Technology Bombay

10

Q. Which are the top private MBA colleges along with their total tuition fee in India?

A. Listed below are the private top rated MBA colleges in India along with their total tuition fee and seat intake:

College Name

Total Tuition Fee/Seat Intake

XLRI MBA Admission

INR 29 lakh

Seats: 1,310

MDI MBA Admission

INR 25 lakh

Seats: 750

SIBM Pune MBA Admission

INR 22 lakh

Seats: 282

SPJIMR MBA Admission

INR 20 lakh

Seats: 780

NMIMS School of Business Management MBA Admission

INR 12 lakh

Seats: 990

Amity University Noida MBA Admission

INR 5 lakh

Seats: 120

LPU MBA Admission

INR 8 lakh

Seats: 500

Q. Which are the top specialisations offered by the top MBA colleges in India?

A. In India, the MBA degree is offered in various specialisations. The top specialisations offered by the top B Schools in India are:

Specialisations

Number of Colleges

Finance

62

Sales & Marketing

60

Human Resources

57

Operations

47

IT & Systems

29

Q. What is the cost of studying MBA in top colleges in India?

A. Pursuing MBA courses in colleges in India is expensive as most of the colleges have a total tuition fee of more than INR 5 lakh. Tabulated below is the number of top rated MBA colleges in India along with their total tuition fee structure:

Fee Range

Names of Colleges

< INR 1 lakh

JMI, BHU, Panjab University, etc.

INR 1-2 lakh

NIT Trichy, UPES, IFHE Hyderabad, etc.

INR 2-3 lakh

Guru Gobind Singh Indraprastha University, MNIT Jaipur, Chitkara Colleges of Sales & Marketing, etc.

INR 3-5 lakh

IIT Kharagpur, IIT Roorkee, IIM Ranchi, etc.

INR > 5 lakh

IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, etc.

Q. What are the job profiles offered after completing MBA in India?

A. The table below shows the various job profiles available for MBA graduates in India along with their annual average package:

MBA Job Profiles

Annual Average Package

Finance Manager

INR 9.6 LPA

Marketing Manager

INR 10 LPA

Sales Manager

INR 10 LPA

Human Resources Manager

INR 4 LPA

Operations Manager

INR 7 LPA

 

Q. What is the eligibility criteria for top MBA colleges in India?

A. The eligibility criteria for Indian best MBA colleges may differ from one college to another. However, the essential MBA eligibility criteria are as follows:

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university as an essential eligibility criteria for MBA (full-time).
  • Most institutes follow the minimum score criteria in graduation which are 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.

Q. Which college has the best placement for MBA in India?

A. The best MBA colleges in India along with their annual average package are tabulated below:

College Name

Annual Average Package

IIM Ahmedabad MBA

INR 30 LPA

IIM Bangalore MBA

INR 33 LPA

IIT Delhi MBA

INR 24 LPA

IIM Kozhikode MBA

INR 27 LPA

IIM Lucknow MBA

INR 30 LPA

XLRI MBA

INR 30 LPA

Q. Who are the top recruiters for MBA colleges in India?

A. MBA graduates are in high demand in every industry and in every domain. Most of the best institute for MBA in India provide campus placement to their students on completion of the full-time MBA course for a smooth beginning of their career. The top recruiters for MBA colleges in India are:

  • Accenture Strategy
  • Amazon
  • The Boston Consulting Group
  • Brain & Company
  • McKinsey & Company

Q. Which is the No 1 IIM in India?

A. IIM Ahmedabad emerged to be the No. 1 position as per NIRF ranking 2023. Listed below are the top 5 B-Schools in India as per NIRF ranking 2023:

College Name

NIRF 2023

Indian Institute of Management, (IIM) Ahmedabad

1

Indian Institute of Management, (IIM) Bangalore

2

Indian Institute of Management, (IIM) Kozhikode

3

Indian Institute of Management, (IIM) Calcutta

4

Indian Institute of Technology, (IIT) Delhi

5

Q: How many seats are there in top MBA colleges in India?

A: Listed below are some of the MBA best colleges in India along with their seats available in each college:

College Name Seat Intake
XLRI 1,080
MDI 420
SIBM Pune 282
SPJIMR 720
IIM Ahmedabad 50
IIM Bangalore 635

Q: Which are the top 10 MBA colleges in India with fees and placements?

A: Refer to the table below for a detailed overview of the top 10 MBA colleges in India with fee structure and annual average package:

College Name

Total Tuition Fee

Annual Average Package

IIM Ahmedabad MBA

INR 25 lakh

INR 30 LPA

IIM Bangalore MBA

INR 25 lakh

INR 33 LPA

IIT Delhi MBA

INR 11 lakh

INR 24 LPA

IIM Kozhikode MBA

INR 21 lakh

INR 27 LPA

IIM Lucknow MBA

INR 13 lakh

INR 30 LPA

XLRI MBA

INR 29 lakh

INR 30 LPA

IIM Mumbai MBA

INR 6 lakh

INR 22 LPA

IIM Raipur MBA

INR 14 lakh

INR 20 LPA

IIM Rohtak MBA

INR 9 lakh

INR 18 LPA

IIM Udaipur MBA

INR 19 lakh

INR 19 LPA

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