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Top Private MBA Colleges in India 2022
There are over 2900 private MBA colleges in India. Some of them are well reputed and ranked on par with the IIMs. The top private MBA colleges in India offer best infrastructure and pedagogy, latest MBA curriculum, popular and niche specialisations, practical training, foreign exchange programs and campus placements. Although, the course fee of these MBA colleges are on the higher side, but the return on investment (ROI) is good.
The top private MBA colleges in India include, top private MBA colleges in India are include XLRI Xavier School of Management (Jamshedpur), Management Development Institute (MDI Gurgaon), National Institute of Industrial Engineering (NITIE Mumbai), S.P. Jain Institute of Management and Research - SPJIMR (Mumbai), Symbiosis Institute of Business Management (SIBM Pune), Great Lakes Institute of Management (Chennai), NMIMS School of Business Management (Mumbai), ICFAI Business School - IBS (Hyderabad), T.A. Pai Management Institute – TAPMI (Manipal), International Management Institute (IMI Delhi), etc. Read below all about MBA rankings and best private MBA colleges in India.
Top Private MBA Colleges in India: Highlights
Parameters |
Particulars/ Statistics |
---|---|
No. of Private MBA Colleges in India |
2960 (Approximately) |
Fees |
|
Top Specialisations |
|
Admission Process |
Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP |
Top MBA Colleges in India |
SPJIMR, XLRI, MDI, IMT, GIM Goa, IMI, GLIM SIBM, etc. |
The two-year MBA programme is a gateway managerial job role in various sectors and entrepreneurial opportunities. In the full-time MBA programme one learns all the skills and techniques of running and managing a business including investment, finance, operations, sales, marketing, supply chain and administration.
Students from any background, including Science, Commerce and Humanities can pursue MBA. The full-time MBA is the most popular among all, and includes theory classes, practical projects and internship.
Top Private MBA Colleges in India Eligibility Criteria
The eligibility criteria for MBA course is graduation, however the minimum score requirement may vary for niche specialisations.
- Candidates must have passed graduation in any discipline or equivalent from a recognised university
- Most of the institutes follow the minimum score criteria in graduation as per the AICTE i.e. 50 per cent aggregate or equivalent and five per cent relaxation to students belonging to reserved categories
- Professional degree holders such as MBBS/CA/CS/ICWAI, etc. are also eligible to pursue MBA
Top Private MBA Colleges in India with NIRF Ranking and Shiksha Rating (Aggregate)
The Ministry of Education, Government of India, releases annual ranking of top MBA colleges in India under the National Institutional Ranking Framework or NIRF. The all India ranking is given to 100 best MBA colleges in India on the basis of several parameters such as teaching, learning and resources, research and professional practices, graduation outcomes, outreach and inclusivity and perception.
Given below is the list of top 10 private MBA colleges in India as per the NIRF ranking 2020. Along with NIRF ranking, we have shared Shiksha aggregate rating given by the students based on five different parameters such as placements, infrastructure, faculty & course, curriculum, crowd & campus life and value for money.
College Name |
NIRF’20 Ranking |
Shiksha Rating (Aggregate) |
---|---|---|
9 |
4.6 |
|
10 |
4.4 |
|
12 |
4.6 |
|
18 |
4.2 |
|
22 |
4.4 |
|
23 |
4.3 |
|
24 |
4.2 |
|
25 |
3.9 |
|
26 |
4.4 |
|
27 |
4.2 |
Read More:
ROI of Top Private MBA Colleges in India
A major factor that contributes to an institute’s high rank is the Return on Investment or ROI. But what is ROI? ROI can be referred to as the balance or gap between the course fee and salary offer in the job secured on the basis of the course.
The ROI of top private MBA colleges in India is satisfactory which why they find a place in all India rankings by agencies and business magazines. The best private MBA colleges in India with the average annual fee and average placement rating by Shiksha readers are tabulated below:
Name of the College |
Average Annual Fee (in Rs) |
Average Placement Package (in Rs) |
---|---|---|
11.43 Lakh |
20.88 LPA |
|
23.60 Lakh |
25.08 LPA |
|
21.34 Lakh |
23.15 LPA |
|
8.75 Lakh |
21.08 LPA |
|
10.20 Lakh |
19.56 LPA |
|
17.87 Lakh |
19.50 LPA |
|
12.05 Lakh |
17.79 LPA |
|
15.01 Lakh |
11.50 LPA |
|
11.81 Lakh |
13.60 LPA |
|
14.14 Lakh |
7.88 LPA |
Note: Above statistics are based on the latest available data.
Refer to the infographics below to get an overview course fee vs. average CTC offer in campus placements of top private MBA colleges in India.
Top Recruiters for MBA Graduates
MBA graduates from any domain are in high demand. All organisations (big or small, private or government) hire MBA degree holders in various capacities. Below is the list of few top companies in India that recruit MBA graduates along with their placement ratings:
Colleges |
Top Recruiters |
---|---|
Tata Projects, HR Consultancy, Schindler Elevators, EY, Genpact, Infosys, Pricewaterhouse Coopers, Tata Consultancy Services, DIAGEO, Accenture, Addeco, Dr.Reddys Laboratories, Ameex Technologies, Cipla, Alten, Allianz Global Investors, McKinsey & Co., Boston Consulting Group, Accenture Strategy, etc. |
|
Nestle, Coca-Cola, Airtel, Tata Consumer Products Ltd., ITC Ltd., Godrej Industries Ltd., JPMorgan Chase & Co., HSBC Bank, ICICI Bank, Bank of America, Axis Bank, Delhivery, Ninjacart, Uber, Amazon, PwC US Advisory, McKinsey Digital, Deloitte USI, Hinduja Group, etc. |
|
Colgate-Palmolive, Johnson & Johnson, HUL, ITC, Diageo, P&G, Accenture Digital, Cognizant Business Consulting, E&Y, Deloitte India, KPMG, McKinsey, Asian Paints, Castrol, Maruti Suzuki, Coromandel, Crompton, Avery Dennison, etc. |
|
Alvarez & Marsal, The Bridgespan Group, Praxis Global Alliance, Accenture Strategy, Avalon Consulting, Bain & Company, Boston Consulting Group, Deloitte, Ernst & Young, GEP, IBM, KPMG, PwC, etc. |
|
Wipro, Accenture, ICICI Bank, Capgemini, Cognizant, TCS, IBM, HCL Technologies, Amazon, Infosys, Genpact, HSBC, etc. |
|
Accenture Strategy, Aditya Birla Capital, Dell, Deloitte, Decathlon, ITC Infotech, L&T Infotech, Magicbricks, Societe Generale, McKinsey, Crisil, Dell, Deloitte, KVB, JP Morgan, Ford, RBS, Cognizant, Infosys, ICICI, HSBC Technologies, etc. |
|
Bosch, Reliance Industries, Agro Tech Foods, Bacardi, Whirlpool, Xiaomi, Aditya Birla Insurance Brokers, EY, HDFC Bank, J P Morgan, Aditya Birla Fashion & Retail, Axis My India, Birla Sun Life Insurance, Raymond, Cognizant Business Consulting, Mahindra Logistics, Maruti Suzuki, ICICI Bank, DHL Express, Essar, etc. |
|
HDFC Bank, Tata Consultancy Services, ICICI Bank, Cognizant, HSBC, E&Y, Genpact, Wipro Limited, Deloitte, Accenture, IDFC Bank, Kotak Mahindra Bank, Amazon, etc. |
|
Bajaj Auto, Hero MotoCorp, Maruti Suzuki India Limited, TVS, Tata Steel, L&T, JSW & Metal Power, ITC, Pidilite, Dabur, Dell, Philips, Shell, TATA Sky, HT Media, Games 24x7, ABFRL , Goldman Sachs, HSBC, JPMC, Yes Bank, Citi Bank, ICICI Bank, DE Shaw, etc. |
|
Infosys, Tata Consultancy Services, ICICI Bank, Deloitte, Mu Sigma Business Solutions, E&Y, Raam Group, KPMG, Wipro Technologies, MakeMyTrip, Capgemini, Brillio Technologies, etc. |
Job Roles Offered After Completing MBA
With the growing demand for Private MBA, students can bag excellent opportunities in both the public and private sectors. Private MBA graduates can start their own business or work as an entrepreneur to implement their learning in the real world or start a school/ institution. Those seeking job opportunities can be recruited under the profiles listed below:
- Operations Manager
- Product Manager
- Finance Manager
- Sales Manager
- Marketing Manager
- Human Resources Manager
- Data Analytics Manager
- Digital Marketing Manager
- Advertising Sales Manager
What are the Study Options After MBA?
MBA graduates from private colleges can choose from multiple courses to pursue higher education or certification. The popular courses are given below:
- Certified Information Systems Auditor (CISA)
- Certification in Risk Management Assurance (CRMA)
- Certified in Production and Inventory Management (CPIM)
- Chartered Financial Analyst (CFA)
- Financial Risk Manager (FRM) Exam
- Project Management Professional (PMP)
- Second MBA from an international business school
How Affordable is Studying in a Private MBA College in India?
Based on the below pie chart, it can be estimated that pursuing MBA in a top private college is expensive as around 86 per cent top private MBA colleges in India have fees of above Rs 5 lakh. About nine per cent top private MBA colleges in India have course fee in the range of Rs 3 to 5 lakh. About two per cent top private MBA colleges in India have course fee in the range of Rs 2 to 3 lakh and about three percent top private MBA colleges in India have course fee under Rs 1 lakh.
Refer to the infographics below for an overview of course fee of top private MBA colleges in India.
Some of the best private MBA colleges in India (apart from the ones mentioned above) with course fee above Rs 5 lakh are listed below:
- XIM Bhubaneswar
- KIIT School of Management
- IMT Ghaziabad
- BML Munjal University, School of Management
- Alliance School of Business
- FORE School of Management
- Institute of Management, Nirma University
- Birla Institute of Management Technology
- GIM Goa Institute of Management
- LPU Lovely Professional University
Some of the best private MBA colleges in India with course fee above Rs 2-3 lakh are listed below:
- Amity University Noida
- Chandigarh University
- Institute of Management & Entrepreneurship Development
- SRM Institute of Science & Technology
- Shoolini University
MBA Specialisations offered by Top MBA Colleges in India
In India, the MBA degree is offered in various specialisations. Some of the most prominent ones offered by top MBA colleges in India are listed below:
- Finance
- Sales & Marketing
- Human Resources
- Operations
- IT & Systems
- Business Analytics
- International Business
- Entrepreneurship
Refer to the infographics below to get an overview of specialisations offered by top MBA colleges in India:
Which are the Most Popular MBA Exams?
The top private MBA colleges in India select candidates for admission strictly on the basis of entrance exam scores. Candidates who wish to pursue MBA/PGDM course from a private institute, must appear for one of the national level MBA entrance exams. Some of the top national level MBA entrance exams are - CAT, XAT, GMAT, CMAT, MAT, NMAT and ATMA.
Refer to the infographics below to get an overview of exams scores accepted by top MBA colleges in India:
Top MBA Colleges in India |
|
---|---|
Top Private MBA Colleges in India: Cutoff
Check the below table for average admission cut off percentiles of top private MBA colleges in India, ranked by NIRF.
College |
Cut Off |
---|---|
94 percentile |
|
94 percentile |
|
90 percentile |
|
92 percentile |
|
98.5 percentile |
|
95 percentile |
|
90 percentile |
|
70 percentile |
|
36 marks |
|
85 percentile |
XLRI Xavier School of Management
National Institute of Industrial Engineering
SPJIMR - S.P. Jain Institute of Management and Research
Symbiosis Institute of Business Management, Symbiosis International, Pune
Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai
Great Lakes Institute of Management, Chennai
IMI Delhi - International Management Institute
IFHE Hyderabad - ICFAI Foundation For Higher Education
Amity Business School (ABS), Amity University, Noida
KIIT School of Management, Kalinga Institute of Industrial Technology
T.A. Pai Management Institute (TAPMI)
Xavier Institute of Management, Xavier University Bhubaneswar
GIM - Goa Institute of Management
LPU - Lovely Professional University
IMT Ghaziabad - Institute of Management Technology
KL Business School, KL University, Guntur
School of Management, BML Munjal University
LM Thapar School of Management
FORE School of Management
Birla Institute of Management Technology
Chandigarh University (CU)
School of Business, UPES
IFMR Graduate school of Business, KREA University (IFMR GSB), Sricity
IMI Kolkata - International Management Institute
Chitkara Business School, Chitkara University, Chandigarh
Institute of Rural Management, Anand
K J Somaiya Institute of Management
Alliance School of Business, Alliance University
IMI Bhubaneswar - International Management Institute
Institute of Management Technology, Hyderabad
Graphic Era
Loyola Institute of Business Administration
School of Petroleum Management, Pandit Deendayal Energy University
Jaipuria Lucknow - Jaipuria Institute of Management
Institute of Management and Entrepreneurship Development, Bharati Vidyapeeth
Birla Institute of Technology, Mesra
JIMS Rohini (PGDM) - Jagan Institute of Management Studies
IIHMR University
Jaipuria Noida - Jaipuria Institute of Management
JIMS Kalkaji - Jagannath International Management School
FAQs Related to Top Private MBA Colleges in India
Q: Which specialisations are offered by Private MBA Colleges in India?
- Sales and Marketing
- Human Resources
- Finance
- Operations
- IT and Systems
- International Business
- Business Analytics
- Supply Chain
- Retail
Q: Which is the best Private MBA college in India based on placements?
- XLRI Xavier School of Management, Jamshedpur
- NITIE Mumbai
- MDI Gurgaon
- SIBM Pune
- Great Lakes Institute of Management, Chennai
Q: Which are the job roles offered in campus placements of top private MBA colleges in India?
- Finance Manager
- Marketing Manager
- Sales Manager
- Human Resources Manager
- Operations Manager
- Product Manager
- Data Analytics Manager
- Digital Marketing Manager
Q: What is the estimated cost of pursuing MBA from a top private institute?
- Alliance School of Business, Alliance University, Bangalore
- KIIT School of Management, Kalinga Institute of Industrial Technology, Bhubaneswar
- TAPMI, Manipal
- NITIE Mumbai
- FORE School of Management, Delhi
- GIM - Goa Institute of Management, Goa
- Great Lakes Institute of Management, Chennai
- SIBM Pune
- SPJIMR, Mumbai
- IMI Delhi
- MDI Gurgaon
- NMIMS School of Business Management, Mumbai
Q: Are there any entrance exams for a Private MBA in India?
Q: What are my study options after completing MBA?
- Chartered Financial Analyst (CFA)
- Financial Risk Manager (FRM) Exam
- Certified Information Systems Auditor (CISA)
- Certification in Risk Management Assurance (CRMA)
- Certified in Production and Inventory Management (CPIM)
- Project Management Professional (PMP)
- Second MBA from an international business school
Q: What is the eligibility criteria for admission to private MBA colleges in India?
Q: Which top private MBA colleges in India offers admission without entrance exam?