Top MBA Colleges in India: Ranking, Admission Eligibility, Fees

By Shubhra Anand Jain|Updated : April 5th, 2022

Top MBA Colleges in India provide high-quality education and placement opportunities to the top cities in India. In recent days, India has become a hub for management studies with excellent career opportunities in the field of Business Management, Healthcare Management, IT, Analytics, Business Operations, and Administration. 

There are more than 6000 MBA Colleges in India, including both Government and Private institutes. It offers a diverse education in different MBA Specialisations, such as HRM, Leadership, Consulting, Sales, etc. It will be best if you select any of these institutes and complete your management studies in India. We have listed the Top MBA Colleges in India to assist you in making your preferent list for studying management.

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Table of Content

Top MBA Colleges in India: NIRF Ranking

NIRF ranking is a National institutional ranking framework that is given by the Ministry of Education, Government of India. It ranks the 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 and NIRF scores of the top MBA colleges in India.

Institute NameNIRF 2022 ScoreNIRF 2022 Rank
Indian Institute of Management Ahmedabad83.351
Indian Institute of Management Bangalore82.622
Indian Institute of Management Calcutta78.643
Indian Institute of Technology, Delhi75.104
Indian Institute of Management Kozhikode74.745
Indian Institute of Management Lucknow74.556
Indian Institute of Management Indore70.667
Xavier Labour Relations Institute (XLRI)69.678
National Institute of Industrial Engineering, Mumbai68.849
Indian Institute of Technology Madras66.6010
Indian Institute of Technology, Bombay66.2411
Indian Institute of Technology, Kharagpur65.1512
Management Development Institute64.7013
Indian Institute of Management Raipur63.5714
Indian Institute of Management Ranchi62.3315
Indian Institute of Management Rohtak62.2016
Symbiosis Institute of Business Management61.9717
Indian Institute of Management Tiruchirappalli61.8818
Indian Institute of Technology, Roorkee61.7619
Indian Institute of Technology Kanpur61.2020
S. P. Jain Institute of Management & Research59.5121
Indian Institute of Management Udaipur59.2822
Indian Institute of Management Kashipur59.0623
Indian Institute of Foreign Trade58.3124
SVKM`s Narsee Monjee Institute of Management Studies58.1425
Indian Institute of Management Shillong57.8426
Amrita Vishwa Vidyapeetham57.8327
Amity University57.4328
Jamia Millia Islamia, New Delhi56.4429
International Management Institute55.0030
Great Lakes Institute of Management54.9031
ICFAI Foundation for Higher Education, Hyderabad54.8832
Indian Institute of Management Visakhapatnam54.3633
Lovely Professional University54.3034
XIM University54.1035
GOA Institute of Management53.5836
Indian Institute of Management Jammu (IIMJ)53.5836
T. A. Pai Management Institute Manipal53.5738
National Institute of Technology, Tiruchirappalli53.5439
Chandigarh University53.2340
University of Petroleum and Energy Studies53.2241
MICA52.8642
Indian Institute of Management52.8443
Institute of Management Technology, Ghaziabad52.1244
Nirma University52.0045
Indian Institute of Technology (Indian School of Mines)51.4946
Koneru Lakshmaiah Education Foundation University (K L College of Engineering)51.2747
Kalinga Institute of Industrial Technology50.8848
Anna University50.7249
Banaras Hindu University50.6450
Jaipuria Institute of Management50.4151
Great Lakes Institute of Management,Gurgaon50.3552
Thapar Institute of Engineering and Technology50.1153
BML Munjal University49.9054
Indian Institute of Management, Amritsar49.8855
Birla Institute of Management Technology49.7256
Aligarh Muslim University49.7057
Institute of Rural Management Anand49.6758
Intenational Management Institute, Kolkata49.0159
Fore School of Management48.9360
Krea University48.9360
Guru Gobind Singh Indraprastha University48.5662
PSG College of Technology48.0863
Atal Bihari Vajpayee Indian Institute of Information Technology and Management47.7364
Graphic Era University47.3165
Indian Institute of Management Sambalpur47.1166
Panjab University46.8967
Principal L N Welingkar Institute of Management Development and Research46.7668
Indian Institute of Management Sirmaur46.4669
International Management Institute, Bhubaneswar46.4170
K.J.Somaiya Institute of Management46.3171
Christ University46.2972
Indian Institute of Management Bodh Gaya45.8273
Rajagiri Business School45.7974
Institute of Management Technology45.1875
Visvesvaraya Technological University45.1576
Saveetha Institute of Medical and Technical Sciences45.1377
Birla Institute of Technology44.8878
Jaipuria Institute of Management, Lucknow44.8878
Chitkara University44.7480
Jaipuria Institute of Management44.6981
Jagan Institute of Management Studies44.4982
Bharathidasan Institute of Management44.4783
National Institute of Technology, Calicut44.3084
Manipal University, Jaipur44.0785
Loyola Institute of Business Administration44.0286
Babasaheb Bhimrao Ambedkar University43.9787
Dayalbagh Educational Institute43.9588
Pandit Deendayal Energy University43.7789
IIHMR University43.6890
Pune Institute of Business Management43.6391
Amity University Haryana, Gurgaon42.6892
Galgotias University42.6393
University of Hyderabad42.6294
Institute of Management Technology, Nagpur42.6195
Jain University, Bangalore42.4896
Thiagarajar School of Management42.4896
Alliance University42.1898
Gujarat University41.9499
Jamia Hamdard41.44100
University of Jammu41.44100

Best MBA Colleges in India Highlights

MBA degrees are available with a variety of specialisations in different colleges in India. Sometimes, it seems to be difficult to make a preference list as the list is huge. Here is a list of key highlights that the aspirants need to keep in their minds while selecting the best MBA colleges in India.

Key Highlights

Details

Number of MBA Colleges in India

Approximately 6000+

Course Fees

Varies from 2 Lakhs to 30 Lakhs (Depends on the Type of Course)

Admission Eligibility 

The eligibility criteria varies from college to college. However, the basic criteria is, 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, XATCMATMATSNAPTISSNET, GMAT, NMATIIFT Entrance, and State-level Entrance (MAHCET-MBA)

Number of IIMs

20

Number of IITs

23

List of Top 15 Government MBA Colleges in India 

Accept the IIMs and IITs; there are other Government MBA colleges in India also. So, you need not worry about if you cannot secure a seat in IIMs and IITs to study MBA. Note the list below and make your preference list to study MBA in India's top 15 Government Institutes.

Sl. No

Name of the Institutes

Exam Accepted 

1.

Pondicherry University- Department of Management Studies

Only Graduation

2.

Punjab University, Patiala

Only Graduation

3. 

Government R.C. College of Commerce & Management, Bangalore

PGCET

4. 

Faculty of Management Studies- FMS Delhi

CAT

5.

JBIMS- Mumbai

MAHCET-MBA

6.

Department of Management Studies- PUMBA Pune

ATMA

7.

Maharaja Sayajirao University- MSU Baroda

CMAT

8.

Jamia Malia Islamia

Graduation with 50% Marks in Aggregate

9.

NIT- Warangal

CAT, MAT

10.

School of Management Studies- SMS Hyderabad

CAT

11.

Osmania University, Hyderabad

TSICET

12.

IIFT Delhi

IIFT, GMAT

13.

DSM- Delhi Technical University

CAT

14.

Indian Maritime University, IMU- Kochi

Own Entrance Test

15.

Institute of Management Studies- DAVV Indore

CMAT

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List of Top 15 Private MBA Colleges in India 

The private MBA colleges in India give global exposure to their students throughout the 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 15 private MBA colleges in India.

Sl. No

Name of the Institutes

Exam Accepted 

1.

Institute of Public Enterprise- IPE Hyderabad

CAT, CMAT, XAT, MAT, ATMA, GMAT

2.

ITM Business School- Navi Mumbai

CAT, CMAT, NMAT, XAT, MAT, ATMA, GMAT, MAHCET-MBA

3. 

Great Lakes- Chennai

CAT, CMAT, XAT, GMAT

4.

Christ University- Bangalore

CAT, CMAT, XAT, MAT, ATMA, GMAT

5.

University of Petroleum and Energy Studies- Dehradun

CAT, CMAT, NMAT, XAT, MAT, UPESMET

6.

XLRI- Jamshedpur

CAT, GMAT

7.

SPJIMR- Mumbai

CAT, GMAT

8.

DYPUSM- Mumbai

DYPUCET

9.

VIT- Vellore

CAT, CMAT, NMAT, XAT, MAT, ATMA, GMAT

10

K J Somaiya Institute of Management, Mumbai

CAT, CMAT, XAT, GMAT, NMAT

11. 

AIMS- Bangalore

CAT, MAT, ATMA, PGCET

12.

Management Development Institute- MDI Gurgaon 

CAT

13.

Jamia Hamdard- New Delhi

CMAT, XAT, MAT, ATMA, GMAT

14.

Welingkar- Mumbai

CAT, CMAT, XAT, ATMA, GMAT

15.

SIBM, Pune

SNAP

Top MBA Colleges in India without CAT

CAT is a highly competitive exam as lakhs of aspirants appears 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

Name of the Institutes

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.

Best MBA Colleges in India Accepting GMAT

If you are thinking of appearing only for GMAT, you must be aware of the MBA colleges in India that accept GMAT scores for certain management programmes. Go through the list below and make your preferences accordingly.

Name of the Institute

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

Name of the Institute

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

MBA Colleges in India: Eligibility Criteria

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 for niche specialisation. Note the below guiding points to know the eligibility criteria for admission into MBA colleges in India. 

  • The aspirants must be graduated from any recognized university with at least 50% marks (45% for the reserved category.
  • In most cases, the aspirants need to show the score of any MBA Entrance exams.
  • If you want to pursue Executive MBA programmes, then it is necessary to have 2-3 years of full-time work experience.

MBA Colleges in India: Top Recruiters

MBA graduates have a high demand in all types of business organizations, as the recruiters hire them to continue a successful business operation. After completing MBA from 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 

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FAQs

  • There are various specializations in the best MBA colleges in India. Some of the most important MBA specializations are as follows:

    • Business Analytics
    • Human Resources
    • IT & Systems
    • International Business
    • Operations
    • Finance
    • Sales & Marketing
    • Entrepreneurship
    • Human Resource Management
    • Leadership
    • Supply Chain and Logistics
  • NIRF rankings are very important to rank the higher institutes in terms of research, faculty, campus life, placement, global collaboration, infrastructure, and many more. As per the NIRF ranking, the top 10 MBA colleges in India are as follows:

    • Indian Institute of Management, Ahmedabad
    • Indian Institute of Management, Bangalore
    • Indian Institute of Management, Calcutta
    • Indian Institute of Management, Kozhikode
    • Indian Institute of Technology, Delhi
    • Indian Institute of Management, Indore
    • Indian Institute of Management, Lucknow
    • Xavier Labour Relations Institute (XLRI), Jamshedpur
    • Indian Institute of Technology, Kharagpur
    • Indian Institute of Technology, Bombay
  • There are some MBA colleges in India that offer admission to certain courses on the basis of GRE scores. Check the list below and make your preference list:

    • IIM-Ahmedabad- EPGP
    • IIM-Bangalore- EPGP
    • IIM-Raipur- FPM
    • ISB Hyderabad/Mohali- PGP
    • BITS School of Management- MBA (2 years)
    • IIM- Visakhapatnam- PGP-DGM & PGPEx
    • IIM-Udaipur- MBA (1 year)
    • IIM- Lucknow- IPMX
  • Note the below list to get an idea about the cheapest MBA colleges in India.

    • FMS- Delhi University
    • TISS-Mumbai
    • DMS- Pune University
    • Delhi Technical University
    • DMS- Chandigarh University
  • Accept the IIMs and IITs; there are other best MBA colleges in India that offer the best placement opportunities to its students. Note the list below and make your preference:

    • FMS Delhi
    • XLRI, Jamshedpur
    • NMIMS
    • MDI Gurgaon

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