Top MBA Colleges in India 2023: Rankings, Admission Process, Cutoffs, and Placement Opportunities

Overview of MBA Colleges in India

Here we have tabulated the key highlights that the aspirants need to keep in their mind while selecting the colleges to study MBA.

Key Highlights	Details
Number of MBA Colleges in India	Approximately 6000+
Course Fees	Varies from 2 Lakhs to 30 Lakhs (Depending on the Type of Course)
Top MBA Colleges in India Admission Eligibility	The eligibility criteria vary from college to college. However, the basic criteria are, the aspirants must be graduated from any recognised University in India with at least 50% in aggregate (45% for Reserved Category)
Entrance Exam Accepted	CAT, XAT, CMAT, MAT, SNAP, TISSNET, GMAT, NMAT, IIFT, and State-level Entrance (MBA CET)
Number of IIMs	20
Number of IITs	23

Top MBA Colleges in India Admission Eligibility

The basic eligibility criteria to study MBA is graduation or equivalent from any recognized university in India. However, the minimum score requirements may vary from college to college as per the selected specializations. Note the below-guiding points to know the eligibility criteria for admission into Top MBA Colleges in India.

• The aspirants must be graduated from any recognized university with at least 50% marks (45% for the reserved category). It is always suggested to check the official website of Top MBA Colleges in India for more details, to avoid last-minute miscommunication.
• In most cases, the aspirants need to show the score of any MBA Entrance Exams.
• If you want to pursue executive MBA programmes from Top MBA Colleges in India, then it is compulsory to have 2-3 years of full-time work experience.

Top 10 MBA Colleges in India: NIRF Ranking 2022

NIRF ranking is a National institutional ranking framework that is given by the Ministry of Education, Government of India. It ranks higher educational institutions based on different parameters, including research, teaching, faculty, placement, campus life, library resources, and worldwide collaboration. Note the table below to get a list of NIRF Ranking 2022 of the Top MBA colleges in India.

MBA Colleges in India	NIRF Ranking 2022
Indian Institute of Management Ahmedabad	1
Indian Institute of Management Bangalore	2
Indian Institute of Management Calcutta	3
Indian Institute of Technology, Delhi	4
Indian Institute of Management Kozhikode	5
Indian Institute of Management Lucknow	6
Indian Institute of Management Indore	7
Xavier Labour Relations Institute (XLRI)	8
National Institute of Industrial Engineering, Mumbai	9
Indian Institute of Technology Madras	10
Indian Institute of Technology, Bombay	11
Indian Institute of Technology, Kharagpur	12
Management Development Institute	13
Indian Institute of Management Raipur	14
Indian Institute of Management Ranchi	15
Indian Institute of Management Rohtak	16
Symbiosis Institute of Business Management	17
Indian Institute of Management Tiruchirappalli	18
Indian Institute of Technology, Roorkee	19
Indian Institute of Technology Kanpur	20
S. P. Jain Institute of Management & Research	21
Indian Institute of Management Udaipur	22
Indian Institute of Management Kashipur	23
Indian Institute of Foreign Trade	24
SVKM`s Narsee Monjee Institute of Management Studies	25
Indian Institute of Management Shillong	26
Amrita Vishwa Vidyapeetham	27
Amity University	28
Jamia Millia Islamia, New Delhi	29
International Management Institute	30
Great Lakes Institute of Management	31
ICFAI Foundation for Higher Education, Hyderabad	32
Indian Institute of Management Visakhapatnam	33
Lovely Professional University	34
XIM University	35
GOA Institute of Management	36
Indian Institute of Management Jammu (IIMJ)	36
T. A. Pai Management Institute Manipal	38
National Institute of Technology, Tiruchirappalli	39
Chandigarh University	40
University of Petroleum and Energy Studies	41
MICA	42
Indian Institute of Management	43
Institute of Management Technology, Ghaziabad	44
Nirma University	45
Indian Institute of Technology (Indian School of Mines)	46
Koneru Lakshmaiah Education Foundation University (K L College of Engineering)	47
Kalinga Institute of Industrial Technology	48
Anna University	49
Banaras Hindu University	50

Best Government MBA Colleges in India

Note the list below and make your preference list to study MBA Government colleges in India.

Top MBA Colleges in India	Course Fees (Approx)	Exam Accepted
IIM Ahmedabad	INR 23 LPA	CAT
IIM Bangalore	INR 24 LPA	CAT + Graduation with 50% in aggregate (45% for SC & ST)
IIT Delhi	INR 12 LPA	CAT
IIM Kozhikode	INR 20 LPA	CAT

☛ Get a List of Books For CAT Preparation

Private MBA Colleges in India

The MBA colleges give global exposure to their students through different MBA courses. These provide international placements and internship opportunities so that the aspirants can get practical experiences also with theoretical studies. Check the table below to get a list of the top private MBA colleges in India.

Top MBA Colleges in India	Fees Structure (Approximate)	Exam Accepted
XLRI	INR 24 LPA	XAT + 50% in graduation
MDI	INR 22 LPA	CAT, MAT, XAT, GMAT
SIBM Pune	INR 23 LPA	SNAP + 50% in graduation
SPJIMR	INR 20 LPA	CAT

Top MBA Colleges in India without CAT

CAT is a highly competitive exam as lakhs of aspirants appear for this every year. However, it is not necessary to appear for the CAT Exam, as some other Top MBA colleges in India offer MBA admission without CAT. Note the table below and make a list of these colleges for pursuing MBA.

Sl. No	Best MBA Colleges in India without CAT	Alternate Entrance Exam Accepted
1.	Xavier School of Management- XLRI, Jamshedpur	XAT
2.	Symbiosis International University	SNAP
3.	Christ University, Bangalore	MAT, CMAT, ATMA, GMAT, XAT, GRE
4.	Narsee Monjee Institute of Management Studies- NMIMS	NMAT
5.	ICFAI Business School	IBSAT, XAT
6.	Mudra Institute of Communication (MICA)	XAT, GMAT
7.	Jamnalal Bajaj Institute of Management Studies, Mumbai	MAH-CET
8.	Osmania University, Hyderabad	TSICET
9.	Institute of Management Technology- IMT	GMAT, XAT, CMAT
10.	Great Lakes Institute of Management	XAT, CMAT
11.	T.A. Pai Management Institute- TAPMI	GMAT, XAT
12.	TISS- Mumbai	TISSNET

☛ You can also check for CAT Participating Institutes here.

Best MBA Colleges in India Accepting GMAT

You must be aware of the Top MBA Colleges in India which only accept GMAT scores for certain management programmes if you are thinking of appearing only for the GMAT. Go through the list below and make your preferences accordingly.

Top MBA Colleges in India Accepting GMAT	Courses Offered
ISB- Hyderabad and Mohali	PGP- 12 Months (Full-time)
XLRI- Jamshedpur	PGDM- 15 Months (Full-time)
Great Lakes- Chennai	PGPM- 15 Months (Full-time)
IIM- Ahmedabad	PGPX- 12 Months (Full-time)
IIM- Bangalore	EPGP- 12 Months (Full-time)
IIM- Kolkata	MBA (Executive)- 12 Months (Full-time)
IIM- Indore	EPGP- 12 Months (Full-time)
K J Somaiya Institute of Management Studies & Research, Mumbai	PGDM-Executive- 15 Months (Full-time)
SPJIMR, Mumbai	PGPM- 15 Months (Full-time)
BIMTECH- Greater Noida	PGPX- 15 Months (Full-time)

Top MBA Colleges in India Without Entrance Exam

There are plenty of colleges in India that offer admission based on academic merit. These colleges only conduct GD-PI rounds to shortlist the aspirants. However, some of the Top MBA Colleges in India also offer MBA admission based on the aspirants’ UG percentage. Note the below table to know the list of Best MBA colleges in India that offers MBA Admission without any entrance exam.

Best MBA Colleges in India	Course Fees (Approximate)
RV Institutes of Management, Bangalore	5 LPA
Acharya Insitute of Management and Science, Bangalore	4.01 LPA
Asian Business School, Delhi	7.2 LPA
Amity University	7.67 LPA
LM Thapar School of Management, Mohali	8.97 LPA
Lovely Professional University, Jalandhar	5.80 LPA
NBS, Ahmedabad	5.85 LPA
Auro University	7 LPA
Amrut Mody School of Management- Ahmedabad	6 LPA
IBMR- Ahmedabad	4.95 LPA

Top MBA Colleges in India: Location-Wise List

Here, we have listed location-wise institutes in India to study MBA. You can check this list and make your preferences of Top MBA Colleges in India in cities of India.

Top MBA Colleges in India – Location-Wise List
MBA Colleges in Bangalore	MBA Colleges in Delhi
MBA Colleges in Kolkata	MBA Colleges in Mumbai
Best MBA Colleges in Pune	MBA Colleges in Chennai
Top MBA Colleges in Indore	Top MBA Colleges in Hyderabad
MBA Colleges in Ahmedabad	Best MBA Colleges in Jaipur
Top MBA Colleges in Coimbatore	MBA Colleges in Nagpur
Best MBA Colleges in Lucknow	MBA Colleges in Mysore
MBA Colleges in Dehradun	Top MBA Colleges in Noida
MBA Colleges in Bhopal	–

Top MBA Colleges in India Top Recruiters

MBA graduates have a high demand in all types of business organizations, as recruiters hire them to continue a successful business operation. After completing MBA from Top MBA Colleges in India, the aspirants can get the chance to get placement in the following MNCs.

• A T Kearney
• Arthur D Little
• Accenture
• Deloitte Consulting
• Deutsche Bank
• MU Sigma
• Aditya Birla Group
• Amazon.com
• IBM
• Cognizant
• Goldman Sachs
• Google
• Hindustan Unilever
• HSBC
• Hewlett Packard
• McKinsey
• Microsoft
• Nestle
• Wipro
• WNS Global Services
• Virtusa
• Dell

ROI of Best MBA Colleges in India

The candidates applying for an MBA degree in different MBA Colleges in India must check the ROI first. Here, we have listed some top B-schools where you can earn the best ROI after completing the degree.

Top MBA Colleges in India	Course Fee (Approx)	Package (Approx)
IIM Ahmedabad	INR 24 LPA	INR 31 LPA
IIM Bangalore	INR 25 LPA	INR 26 LPA
IIT Delhi	INR 11 LPA	INR 20 LPA
IIM Kozhikode	INR 21 LPA	INR 26 LPA
IIM Lucknow	INR 13 LPA	INR 22 LPA
XLRI	INR 27 LPA	INR 30 LPA
NITIE Mumbai	INR 12 LPA	INR 19 LPA
IIT Madras	INR 10 LPA	INR 13 LPA

Top MBA Colleges in India Cut Off

The admission cutoffs to study in MBA colleges may vary from college to college. So, it is advised to follow the official website of the respective colleges to comprehend the cutoff requirements for final admission.

☛ Also Check:

• CAT Cut Off
• XAT Cut Off
• MAT Cut Off
• NMAT Cut Off
• MBA CET Cut Off
• CMAT Cut Off

Best MBA Colleges in India Specializations Offered

The candidates will get an opportunity to study the below-mentioned subjects if they choose colleges in India to study MBA.

• Sales and Marketing
• Finance
• HR Management
• Business Operations
• Business Analytics
• IT System
• International Business and many more

Top MBA Colleges in India: Is it Affordable to Study?

Considering the research of BYJU’S Exam Prep experts, it can be mentioned that studying MBA at Top MBA Colleges in India is expensive. Approximately, 75% of colleges have a course fee, which is more than 5 LPA. Colleges under this category are

• IIM Ahmedabad
• IIM Calcutta
• IIT Delhi
• IIM Bangalore

Around 11% of the Top MBA Colleges in India have a total annual course fee between INR 3-5 LPA. It includes

• IIT Kharagpur
• Galgotias University
• IIT Roorkee
• Chandigarh University

Approximately, 5% of Top MBA Colleges in India have course fee which ranges from INR 2-3 LPA. These are

• Chitkara University
• IIT Kanpur
• Saveetha Institute of Medical and Technical Sciences, Poonamallee
• Guru Gobind Singh Indraprastha University
• IITM Gwalior

5% of the MBA Colleges in India have course fees between INR 1-2 LPA. Colleges under this category are

• NIT Trichy
• Babasaheb Bhimrao Ambedkar University
• BHU
• NIT Calicut

Important Points to Consider While Choosing the Top MBA College

The candidates must keep the below points in mind while choosing colleges to study MBA in India.

• Check the institute rankings before applying for the admission process. The ranking organisation examines institutions fairly and thoroughly before assigning them a ranking based on the degree to which certain criteria are met.
• Make well-research about the faculties and college infrastructures. Teachers with years of expertise, a solid track record, and a strong teaching background can be found at the majority of Top MBA Colleges in India. Studying from specialists who impart their knowledge to the future generation of leaders benefits students.
• Attending a management institution in the location of your choice will enhance your college or university experience and motivate you to fully enjoy campus life and the surrounding area. So know the location of the Top MBA Colleges in India.