Are you seeking a career in Business Administration after graduation? And you are looking for the best MBA colleges in India but you are confuse about which one will be ideal for your requirements and taste? Still you are puzzle about which MBA college will be relevant to your career aspect in the future? Then what are you waiting for? Let’s explore the list of the Top 50 MBA Colleges in India.
Before moving forward on how to pick the right MBA College, one should well-known with the programs presented at these colleges as they mainly focus on business and management learning. MBA Colleges in India offer undergraduate, graduate, and at times doctoral programs in fields like management, business administration, marketing, finance entrepreneurship, and other related fields.
Demand for MBA in India
MBA programs have been a trendy choice amongst students in India for several years. They present a wide range of business awareness and proficiency that can be functional to a range of industries and jobs. But what is the career scenario for MBA graduates in India?
As per current reports, the employment market for MBA graduates in India has been increasing steadily over the past few years. In 2020, despite the pandemic, the placement rate for MBA students was about 90% in several top business colleges. The salary norm for MBA graduates in India is too increasing, with some schools reporting standard salaries of about Rs. 22 lakhs per annum. It is also considered as among the highest paying degree in India.
MBA students who can display their capabilities and reside on top of rising styles and technologies will be well-positioned for achievement in their careers.
Why go with an MBA in India?
Around 3.28 lakh candidates registered for the CAT exam every year. However, around 2.88 lakh candidates appeared for the MBA entrance exam marking the attendance at 88 per cent.
- Return on Investment: The charge of an MBA is considerably lesser in India than it is in the UK or the US. While selecting an MBA program, the return on investment (ROI) should be taken into consideration. This ROI will be high when you opt to pursue an MBA from India because of the variation in the charges.
- Eligibility: The MBA program allocates students to discover and develop their leadership ability, and produce money. In India, eligibility is a focal point of the MBA program. India’s continuous development is raising the job openings in the nation. The growth of the Indian economy has improved the requirement for trained persons.
- Entrepreneurship: India is presently one of the globe’s fastest-growing and most active economies. MBA students are primed to be entrepreneurs, to prepare and initiate a business, to add to the achievement of a societal, business, or big international corporation by being a part of that business,
- Curriculum: MBA in India is very diverse from the rest of the world in various aspects. The key difference is that the students have admittance to the India-centric substance that they need to be successful in the nation. It has an excellent arrangement of academic rigidity and the capability to get work done.
List of Top 50 MBA Colleges in India
Here are the list of top 50 MBA colleges in India:
1. IIM Ahmedabad- Indian Institute of Management, Ahmedabad, Gujarat
NB Rating: 9.9/10
IIM Ahmedabad is broadly regarded as the top business school in India and one of the most prominent business schools on the planet. It was launched on 11 December 1961 with the dynamic support of the Government of India, the Government of Gujarat, Harvard Business School, and well-known members of Indian industry.
- Location: Ahmedabad, Gujarat
- Rank of College: #1 in India
- Placement Records: 100% placement
- Placement Package: Highest package: Rs. 1.15 crore
- Exam accepted: CAT
- Top companies associated: Accenture Strategy, Boston Consulting Group, Kearney, Bain & Co., Aditya Birla Group
- Course Fee: Rs.25 lakhs
- Infrastructure: 9.8/10
2. IIM Bangalore- Indian Institute of Management, Bangalore
NB Rating: 9.9/10
IIM Bangalore is a public business school and Institute of nationwide significance. It is sited in Bangalore, India. The institute was founded in 1973. It is the third IIM to be established, following IIM Calcutta and IIM Ahmedabad.
- Location: Bangalore
- Placement Records: 100% placement
- Placement Package: Highest package: Rs. 1 crore
- Exam accepted: CAT
- Top companies associated: The Boston Consulting Group, Bain & Company, AWS Consulting, Goldman Sachs, Microsoft, McKinsey & Company, Kearney, Amazon Future Builders’ Program, Tata Consultancy Services, Navi Technologies, Kotak Mahindra Bank, PwC India
- Course Fee: Rs.24.50 lakhs
- Infrastructure: 9.7/10
- NAAC Ranking: A++
3. IIM Kozhikode- Indian Institute of Management
NB Rating: 9.8/10
Indian Institute of Management Kozhikode was established in 1996 by the Government of India in alliance with the State Government of Kerala. The IIM Kozhikode course entrance is entrance-based, excluding the certificate programs. Before about a course, candidates must verify the course-specific eligibility necessities. The institute acknowledges applications through an online approach.
- Location: Kerala
- Placement Records: 100% placement
- Placement Package: Highest package: 68 lakhs per annum
- Exam accepted: CAT, GATE, UGC NET, EMAT, etc.
- Top companies associated: Accenture, Amazon, Microsoft, Deloitte, TCS, HCL, Cognizant, etc.
- Course Fee: 12lakhs- 20.5 lakhs
- Infrastructure: 9.6/10
4. IIM Calcutta- Indian Institute of Management, Calcutta
NB Rating: 9.9/10
Indian Institute of Management Calcutta (IIM Calcutta or IIM-C) is a public business school located in Joka, Kolkata, West Bengal, India. It is the first Indian Institute of Management to be recognized, and is acknowledged as an Institute of National Significance by the Government of India in 2017.
- Location: Kolkata
- Placement Records: 100% placements
- Placement Package: Highest package: 1.15 crore per annum
- Exam accepted: CAT, GMAT, GRE, GATE, NET, JRF
- Top companies associated: Accenture, Deloitte, KPMG, Brain & Company, Mc Kisney, Goldman Sachs, JP Mogra Chase, Bank of America, HCL, Microsoft, Adani, Aditya Birla Group, etc.
- Course Fee: 27 lakh
- Infrastructure: 9.6/10
5. SPJIMR Mumbai: SP Jain Institute of Management and Research
NB Rating: 9.8/10
The Shreyans Prasad Jain Institute of Management and Research (SPJIMR) is a private non-profit post-graduate management school based in Mumbai, India. It was founded in 1981 under the aegis of Bharatiya Vidya Bhavan. The institute offers several full-time and part-time management programs.
- Placement Records: 100%
- Location: Mumbai
- Placement Package: Highest package: 81 lakhs per annum
- Exam accepted: The institution conducts a Research Aptitude Test (RAT) for admission.
- Top companies associated: Amazon India, Axis, ITC, Deloitte, Hindustan Unilever, Flipkart, Goldman Sachs, PwC, BCG, KPMG, L’Oreal, Microsoft, IDC, Mahindra, GMC, Nestle, P&G, Godrej, Pidilite, Tata Digital, Philips, Make My Trip, Accenture Strategy, American Express, Asian Paints, Axis, M Financial, Kimberly Clark, Marico, Miebach, Paytm, Reckitt.
- Course Fee: Infrastructure: 9.7/10
6. IIM Lucknow: Indian Institute of Management
NB Rating: 9.8/10
Indian Institute of Management Lucknow ( IIM Lucknow or IIM-L) is a public business school in Lucknow, Uttar Pradesh, India. It was recognized in 1984 as the fourth Indian Institute of Management (IIM) by the Government of India. IIM Lucknow presents post-graduate diploma, fellowship and executive programs in management. It is acknowledged as an “institute of Excellence” by India’s Ministry of Human Resource Development.
- Location: Lucknow
- Placement Records: 100% placements
- Placement Package: Highest package: 65 lakhs per annum
- Exam accepted: GATE, CAT, XAT, GMAT, WMP
- Top companies associated: Accenture, Deloitte, Mc Kisney, Microsoft, ABG, Adani Group, BCG, Bain & Company etc.
- Course Fee: Infrastructure: 9.7/10
- NAAC Ranking: A++
7. XLRI Jamshedpur: Xavier School of Management
- NB Rating: 9.8/10
Xavier School of Management (XLRI), Jamshedpur is a leading and oldest private management institute in India. XLRI was founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city’ of Jamshedpur.
- Location: Jamshedpur
- Placement Records: 90% placements
- Placement Package: Highest package: 75 lakhs per annum
- Exam accepted: XAT (Xavier Aptitude Test)
- Top companies associated: Accenture Strategy, Amazon, Asian Paints, Bajaj Auto, HCL, HUL, PwC, Reliance
- Course Fee: 28.6 lakhs
- Infrastructure: 9.7/10
8.ISB Hyderabad: Indian School of Business
NB Rating: 9.8/10
The Indian School of Business (ISB) is a private business school established in India in 2001. It has two parallel campuses in India, in Hyderabad (Telangana) and Mohali (Punjab).
- Location: Hyderabad
- Placement Records: 90% placements
- Placement Package: Highest package: 66 lakhs per annum
- Exam accepted: GRE, GMAT
- Top companies associated: Godrej Industries Ltd., Praxis Global Alliance, MPS Limited, Wipro Ltd., ZS Associates (India) Pvt. Ltd., DBS Bank, CK Birla Group, Reliance Industries Ltd., Deloitte USI, Tech Mahindra Ltd., Soroco Ltd., KPMG
- Course Fee: 24.6 lakhs
- Infrastructure: 9.7/10
9. FMS New Delhi Faculty of Management Studies
NB Rating: 9.8/10
Faculty of Management Studies – University of Delhi (FMS Delhi or The Red Building of Dreams) is a chief business school located in New Delhi, India. It was recognized in 1954 under the shade of the University of Delhi.
- Location: Delhi
- Placement Records: 90% placements
- Placement Package: Highest package: 1.23 crore per annum
- Exam accepted: CAT
- Top companies associated: IBM, Accenture, HDFC Bank, Jubilant, ITC, InfoEdge, and KPMG
- Course Fee: 2 lakhs
- Infrastructure: 9.6/10
10. IIM Indore: Indian Institute of Management
NB Rating: 9.8/10
The Indian Institute of Management Indore (often abbreviated as IIM-I) is an autonomous public business school located in Indore, Madhya Pradesh in India. It came into continuation in 1996.
- Location: Indore
- Placement Records: 100% placement
- Placement Package: Highest package: 1.14 crores per annum
- Exam accepted: CAT/ GRE / GMAT / JRF
- Top companies associated: Ambit Capital, Axis Bank, Bank Of America, Barclays, BlackRock, CITI Bank, Credit Suisse, D.E. Shaw, Delhivery, Deutsche Bank, DISYS, Edelweiss Alternative Asset Advisors
- Course Fee: 20 lakhs
- Infrastructure: 9.7/10
11. IIFT New Delhi: Indian Institute of Foreign Trade
NB Rating: 9.8/10
The Indian Institute of Foreign Trade (IIFT) is a business school in India. It was established in 1963. It works as an autonomous institution under the Ministry of Commerce and Industry.
- Location: New Delhi
- Placement Records: 100% placement
- Placement Package: Highest package:85.4 lakhs
- Exam accepted: CAT
- Top companies associated: Goldman Sachs, JP Morgan Chase, Unilever, Bajaj Auto, Godrej, Tata Sky and Airtel.
- Course Fee:22.77 lakhs
- Infrastructure: 9.7/10
12. MDI Gurgaon: Management Development Institute
NB Rating: 9.8/10
Management Development Institute (MDI) is a private business School in India. It was established in 1973 by Industrial Finance Corporation of India (IFCI) and is located in Gurgaon.
- Location: Gurgaon
- Placement Records: 100% placements
- Placement Package: Highest package: 60 lakhs
- Exam accepted: XAT, CAT, MAT, GMAT, and GRE
- Top companies associated: Adidas, Landmark Group, Trident Group, Accenture Strategy, Aditya Birla Group, Deloitte, Amazon, etc.
- Course Fee: 8.7 – 24.7 lakhs
- Infrastructure: 9.8/10
13.IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)
NB Rating: 9.6/10
Indian Institute of Management Mumbai (IIM Mumbai) previously recognized as the National Institute of Industrial Engineering, Mumbai (NITIE Mumbai), is a graduate business school under the Ministry of Education (India).
- Location: Mumbai
- Placement Records: 60% placement
- Placement Package: Highest package: 78.2 lakhs per annum
- Exam accepted: GATE/CAT/GMAT/GRE/UGC-JRF/NITIE Admission Test
- Top companies associated: Accenture, Amazon and HUL.
- Course Fee: 78.2 lakhs per annum
- Infrastructure: 9.7/10
14.NMIMS Mumbai: NMIMS School of Business Management
NB Rating: 9.6/10
Shri Vile Parle Kelavani Mandal’s Narsee Monjee Institute of Management Studies (shortened as SVKM’s NMIMS) is a private deemed university located in Mumbai. NMIMS was established in 1981.
- Location: Mumbai
- Placement Records: 60% placements
- Placement Package: Highest package: 67.80 lakhs per annum
- Exam accepted: NMAT
- Top companies associated: Accenture, Adobe, Infosys, EY, KPMG, Dell, Adidas, ICICI Bank
- Course Fee: 21.90 lakhs
- Infrastructure: 9.7/10
15. IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)
NB Rating: 9.6/10
Indian Institute of Management Mumbai (IIM Mumbai) formerly acknowledged as the National Institute of Industrial Engineering, Mumbai (NITIE Mumbai). It is a graduate business school beneath the Ministry of Education (India)
- Location: Mumbai.
- Placement Records: 60% placement
- Placement Package: Highest package: 78.2 lakhs per annum
- Exam accepted: GATE/CAT/GMAT/ GRE/UGC-JRF and NITIE Admission Test and Writing Skills test.
- Top companies associated: Accenture, Amazon and HUL.
- Course Fee: 78.2 lakhs per annum
- Infrastructure: 9.7/10
16. NMIMS Mumbai: NMIMS School of Business Management
NB Rating: 9.6/10
Shri Vile Parle Kelavani Mandal’s Narsee Monjee Institute of Management Studies (abbreviated as SVKM’s NMIMS) is a private deemed university situated in Mumbai. NMIMS was established in 1981.
- Location: Mumbai
- Placement Records: 100% placements
- Placement Package: Highest package: 67.80 lakhs per annum
- Exam accepted: NMAT
- Top companies associated: Accenture, Adobe, Infosys, EY, KPMG, Dell, Adidas, ICICI Bank
- Course Fee: 21.90 lakhs
- Infrastructure: 9.7/10
17. IIM Shillong: Indian Institute of Management
NB Rating: 9.6/10
Indian Institute of Management Shillong (IIM Shillong) is a top Management institute in India. IIM Shillong is ranked 26th among the top Management institutions in India by NIRF 2023.
- Location: Shillong
- Placement Records: 60% placement
- Placement Package: Highest package: 71.30 per annum
- Exam accepted: CAT
- Top companies associated: Bain & Company, Deloitte, EY, Everest Group, IBM, McKinsey & Company, Amagi, Baker Hughes, Jio, Latentview, Microsoft, Yes Bank
- Course Fee: 16.50
- Infrastructure: 9.5/10
18. Institute of Management Technology, Ghaziabad
NB Rating: 9.6/10
Institute of Management Technology, Ghaziabad, shortened as IMT G, is a private business school with its major campus at Ghaziabad in the Indian state of Uttar Pradesh. The college is recognized as one of the best MBA Colleges in India.
- Location: Ghaziabad
- Placement Records: 50% placements
- Placement Package: Highest package: 65.6 lakhs
- Exam accepted: CAT, XAT and GMAT
- Top companies associated: Amazon, Bain & Co., Bank of America, Deloitte, HDFC Bank, IBM, Infosys, KPMG, Microsoft, Wipro
- Course Fee: 19.2 lakhs
- Infrastructure: 9.3/10
19. IIT Delhi: Department of Management Studies New Delhi
NB Rating: 9.6/10
The Department of Management Studies, IIT Delhi, also recognized as DMS IIT Delhi, is a school of management education and research in Indian Institute of Technology, Delhi. The branch was established in 1993.
- Location: New Delhi
- Placement Records: 100% placements
- Placement Package: Highest package: 41.13 per annum
- Exam accepted: CAT
- Top companies associated: Adani, Amazon, KPMG, Infosys, MRF, Jio, Cognizant
- Course Fee: 11.20 lakhs
- Infrastructure: 9.1/10
20. IIT BOMBAY: Shailesh J Mehta School of Management Mumbai
NB Rating: 9.6/10
Shailesh J. Mehta School of Management is a public business school and branch of Indian Institute of Technology Bombay. SJMSOM was recognized in 1995.
- Location: Mumbai
- Placement Records: 60% placements
- Placement Package: Highest package: 54 lakhs per annum
- Exam accepted: CAT
- Top companies associated: Accenture, EXL, Amazon, ITC,Google, JIO, Wipro, Marico, HCLTech and TCS
- Course Fee: 8 lakhs
- Infrastructure: 9.3/10
21. IIM Udaipur: Indian Institute of Management Udaipur
NB Rating: 9.4/10
The Indian Institute of Management Udaipur (IIM Udaipur) is a business school, situated in Udaipur, Rajasthan, India. It was recognized in 2011. IIM Udaipur is one of the best MBA Colleges in India.
- Location: Udaipur
- Placement Records: 70% placements
- Placement Package: Highest package: 41.38 lakhs per annum
- Exam accepted: CAT
- Top companies associated: Aditya Birla Capital, American Express, BNY Mellon, ICICI Bank, JP Morgan, Kotak Bank
- Course Fee: 17.5- 20 Lakhs
- Infrastructure: 9.7/10
22. TAPMI Manipal: T.A.Pai Management Institute
NB Rating: 9.1/10
T.A. Pai Management Institute is a private independent business school in India. It was recognized in 1980 and is situated in the university town of Manipal in Karnataka.
- Location: Manipal
- Placement Records: 50% placements
- Placement Package: Highest package: 24.8 lakhs per annum
- Exam accepted: CAT/XAT
- Top companies associated: Deloitte, KPMG, Infosys, Tata, Cognizant, Wipro, E&Y, Crisil, Citi, Microsoft, HDFC
- Course Fee: 17.34 lakhs
- Infrastructure: 9.7/10
23. IMI Delhi: International Management Institute
NB Rating: 9.5/10
International Management Institute, New Delhi, recognized as IMI, New Delhi is a private business school situated in New Delhi, India. It was established in 1981. The college was India’s first commercial sponsored business school and one of the best MBA Colleges in India.
- Location: Delhi
- Placement Records: 80% placements
- Placement Package: Highest package: 50 lakhs per annum
- Exam accepted: CAT, MAT, XAT, CMAT, ATMA
- Top companies associated: Barclays, Crisil, Darashaw, HDFC Bank, Adani, TESCO, Maruti Suzuki, EY
- Course Fee: 20.8 lakhs
- Infrastructure: 9.6/10
24. XIM University
NB Rating: 9.4/10
XIM University is a Jesuit, Catholic university situated in Bhubaneswar, Odisha, India. The college was certified by the Odisha Legislative Assembly in 2013 making it the first Jesuit university in India, which is among the best MBA Colleges in India. It was founded by the Jesuits in 1987.
- Location: Bhubaneswar
- Placement Records: 50% placements
- Placement Package: Highest package: 71.5 lakhs per annum
- Exam accepted: XAT/CAT/GMAT/X-GMT
- Top companies associated: Bank of America, AB InBev, Nestle, HSBC, IBM, Deloitte, Accenture, Kotak Mahindra, and Capgemini
- Course Fee: 20.90 lakhs
- Infrastructure: 9.7/10
25. IIM Trichy: Indian Institute of Management Tiruchirappalli
NB Rating: 9.6/10
Indian Institute of Management Tiruchirappalli (commonly known as IIM Trichy) was recognized in 2011 and is situated in Tamil Nadu.
- Location: Tiruchirappalli
- Placement Records: 50% placements
- Placement Package: Highest package: 41.61 lakhs per annum
- Exam accepted: CAT/ GATE/ GRE/ GMAT and NET-JRF (UGC/ CSIR)
- Top companies associated: Accenture, Amazon, Avalon Consulting, Bain & Co., BNY Mellon, Cognizant, Deloitte, GAIL, HSBC, ICICI, Infosys Consulting
- Course Fee: 11.8-19.5 lakhs
- Infrastructure: 9.2/10
26. IIM Raipur: Indian Institute of Management
NB Rating: 9.5/10
The Indian Institute of Management Raipur (IIM Raipur, IIM-RR) is a business school and an institution of national importance located in Raipur, Chhattisgarh, India. It is the tenth Indian Institute of Management (IIM) recognized by the Government of India.
- Location: Raipur
- Placement Records: 50% placements
- Placement Package: Highest package: 67.6 lakhs per annum
- Exam accepted: CAT
- Top companies associated: TATA Steel, IBM, HDFC Bank. Airtel, IBM, Swiggy, Accenture
- Course Fee: 8.2-14.3 lakhs
- Infrastructure: 9.2/10
27. IIM Ranchi: Indian Institute of Management
NB Rating: 9.1/10
IIM Ranchi is a public business school situated in Ranchi, Jharkhand, India. It was recognized in 2009 and is the ninth Indian Institute of Management (IIM).
- Location: Jamshedpur
- Placement Records: 50% placements
- Placement Package: Highest package: 67 lakhs per annum
- Exam accepted: CAT, GATE, GRE, GMAT and NET-JRF (UGC/CSIR)
- Top companies associated: Accenture, Amazon, American Express, Bajaj Auto, Bosch Global Software, Cognizant, Deloitte, EY, Flipkart, IBM India, Infosys, JP Morgan Chase & Co., JSW Steel, KPMG Advisory, L&T, Mahindra Group, Samsung R&D, Tata Steel, TCS, Wipro
- Course Fee: 17.2 lakhs
- Infrastructure: 9.2/10
28. Department of Industrial and Management Engineering IIT Kanpur
NB Rating: 8.5/10
Indian Institute of Technology Kanpur (IIT Kanpur) is a public institution of technology situated in Kanpur, Uttar Pradesh, India. It was acknowledged as an Institute of National significance by the Government of India under the Institutes of Technology Act.
- Location: Kanpur
- Placement Records: 50% placements
- Placement Package: Highest package: 24 lakhs per annum
- Exam accepted: CAT
- Top companies associated: Ford, Cognizant, Deloitte, Infosys, ICICI Bank, Wipro
- Course Fee: 2.8 lakhs
- Infrastructure: 9.1/10
29. JAGSOM Bangalore: Jagdish Sheth School of Management Bangalore
NB Rating: 8.4/10
JAGSOM Bangalore is a greatly ranked business school in India. It offers a variety of undergraduate and postgraduate programs in management.
- Location: Bangalore
- Placement Records: 50% placements
- Placement Package: Highest package: 85 lakhs lakhs per annum
- Exam accepted: CAT, XAT and CMAT.
- Top companies associated: Wipro, SAP Labs, Schneider Electric, Hexaware Technologies, Federal Bank, Classic Legends
- Course Fee: 15.95 lakhs
- Infrastructure: 8.9/10
30. SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development
NB Rating: 8.2/10
SCMHRD Pune is one of the top business management institutions in India for MBA in HR Management.
- Location: Pune
- Placement Records: 50% placements
- Placement Package: Highest package: 67.6 lakhs per annum
- Exam accepted: Symbiosis National Aptitude Test (SNAP)
- Top companies associated: Colgate Palmolive, HUL, P&G, Dabur, Perfetti Van Melle, Titan, Aditya Birla Group, GE, Genpact, Arcesium, Capgemini, Cisco, Honeywell, Castrol, HSBC, ITC, JPMC, L’Oreal, Philips Lighting, Philips Health-Tech, Development Bank of Singapore, Goldman Sachs, Pidilite, Reliance, Vodafone, Yes Bank
- Course Fee: 26.10 lakhs
- Infrastructure: 9.1/10
31. NITIE Mumbai: National Institute of Industrial Engineering
NB Rating: 7.9/10
National Institute of Industrial Engineering (NITIE) in Mumbai is a prominent institute recognized for its focus on industrial engineering, operations management, and other associated fields. It is one of the best MBA Colleges in India.
- Location: Mumbai
- Placement Records: 50% placements
- Placement Package: Highest package: 51 lakhs per annum
- Exam accepted: CAT
- Top companies associated: Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express, Axis Bank, ICICI Bank, IDFC First Bank, Apollo Tyres, Bajaj Auto, Castrol, General Electric, John Deere
- Course Fee: 21 lakhs
- Infrastructure: 8.6/10
32. Great Lakes Chennai: Great Lakes Institute of Management – GLIM
NB Rating: 8.1/10
Great Lakes Institute of Management, Chennai was established in 2004 by Padma Shri Awardee Dr. Bala V Balachandran. It is one of the leading MBA schools in India.
- Location: Chennai
- Placement Records: 50% placements
- Placement Package: Highest package: 34 lakhs per annum
- Exam accepted: CAT/XAT/CMAT
- Top companies associated: BFSI, Consulting, FMCG, Technology, Automobile, Pharma, Retail, Supply Chain & Logistics
- Course Fee: 9.45 lakhs
- Infrastructure: 7.9/10
33. SIBM Pune: Symbiosis Institute Of Business Management
NB Rating: 8.1/10
SIBM Pune is one of the best MBA institutions, offering a 2-year full-time residential MBA program with specializations in Marketing, HRM, Finance, etc.
- Location: Pune
- Placement Records: 50% placements
- Placement Package: Highest package: 35.05 lakhs per annum
- Exam accepted: SNAP (Symbiosis National Aptitude Test)
Top companies associated: Aditya Birla Capital, Amazon, Bain & Company, BNY Mellon, Deloitte, Flipkart, Infosys Consulting, Capgemini, Axis Bank, Bajaj Auto, Cipla
- Course Fee: 24.59 lakhs
- Infrastructure: 8.9/10
34. IIM Rohtak: Indian Institute of Management
NB Rating: 7.9/10
IIM Rohtak is graded as the sixth best MBA School in North India and the eighth-best Government College amongst all Management Institutes.
- Location: Rohtak
- Placement Records: 50% placements
- Placement Package: Highest package: 36 lakhs per annum
- Exam accepted: CAT
- Top companies associated: Adobe, Amazon, EXL, Gartner, Genpact, Cognizant, Deloitte, Mahindra Rise, India Mart
- Course Fee: 17.9 lakhs
- Infrastructure: 8.7/10
35. JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies
NB Rating: 7.9/10
JBIMS Mumbai was recognized in 1965 by the University of Mumbai. The college is recognized as best MBA Colleges in India. Jamnalal Bajaj Institute of Management Studies presents PG, part-time, PhD, and a variety of other courses to students. These courses are provided across the Management, Finance, and various other streams.
- Location: Mumbai
- Placement Records: 90% placements
- Placement Package: Highest package: 37.75 lakhs per annum
- Exam accepted: CAT/ MAT/ Xavier Aptitude Test (XAT)
- Top companies associated: Colgate-Palmolive, Hindustan Unilever Limited, Medtronic, PepsiCo, P&G, Reckitt, Thermo Fisher Scientific
- Course Fee: 6.10 lakhs
- Infrastructure: 8.7/10
36. PUMBA: Department of Management Sciences University of Pune
NB Rating: 8.7/10
Recognized in 1971, The Department of Management Sciences (DMS), Savitribai Phule Pune University (also well-known as PUMBA or Pune University MBA), is one of the leading business schools in India. It is an autonomous department of the University Of Pune.
- Location: Pune
- Placement Records: 90% placement
- Placement Package: Highest package: 18.97 lakhs per annum
- Exam accepted: CAT/CMAT/ MAH CET (Maharashtra Common Entrance Test).
- Top companies associated: Maersk Line, SKF India Ltd. Tyco Electronics ; Bharat Forge, Emerson Process Management, Gemmco ; ISPAT, Mahindra & Mahindra, Sopan O & M
- Course Fee: 1.3-1.5 lakhs
- Infrastructure: 9.1/10
37. Department of Business Administration University of Lucknow
NB Rating: 8.5/10
The department was founded in the field of management education and research. It offers MBA Program since 1974.
- Location: Lucknow
- Placement Records: 50% placements
- Placement Package: Highest package: 24.8 lakhs per annum
- Exam accepted: LUMET exam
- Top companies associated: Wipro, HCL, Everready, and Airtel
- Course Fee: 12-13 lakhs
- Infrastructure: 7.9/10
38. GIM Goa: Goa Institute of Management
NB Rating: 7.8/10
Goa Institute of Management (GIM) is a foremost business school focused on renovating and improving management education. It was founded in 1993. The considered as the best MBA Colleges in India.
- Location: Goa
- Placement Records: 60% placements
- Placement Package: Highest package: 60.14 lakhs per annum
- Exam accepted: XAT, CAT, GMAT, MAT, CMAT
- Top companies associated: ABInBev, Johnson & Johnson, Axis Bank, ICICI Bank, Optum, Asian Paints
- Course Fee: 18.31 lakhs
- Infrastructure: 8.9/10
39. IIM Kashipur: Indian Institute of Management
NB Rating: 8.4/10
IIM Kashipur is ranked 19th under the Management group by NIRF 2023. Indian Institute of Management Kashipur (IIM-Kashipur) was recognized in 2011.
- Location: Kashipur
- Placement Records: 60% placements
- Placement Package: Highest package: 37 lakhs per annum
- Exam accepted: CAT
- Top companies associated: Bodycraft, Future Supply Chain, HDFC limited, IREDA, L&T, Wipro, Yes Bank
- Course Fee: 17 lakhs
- Infrastructure: 8.9/10
40. K J Somaiya Institute of Management, Mumbai
NB Rating: 8.7/10
K. J. Somaiya Institute of Technology (KJSIT) (formerly K. J. Somaiya Institute of Engineering and Information Technology) was recognized by the Somaiya Trust in the 2001. It is an autonomous institution associated to the University of Mumbai.
- Location: Mumbai
- Placement Records: 40% placements
- Placement Package: Highest package: 25.96 lakhs per annum
- Exam accepted: CAT/ XAT/ CMAT/ GMAT/ NMAT and MAH MCA CET
- Top companies associated: Accenture, Adani, Bajaj, Deloitte, Google, HDFC, HSBC, DCB Bank, ICICI
- Course Fee: 13.22 lakhs
- Infrastructure: 8.9/10
41. IIM Nagpur: Indian Institute of Management
NB Rating: 9.1/10
The Indian Institute of Management (IIM Nagpur) is a Centrally Funded Business School for management that offers undergraduate, postgraduate, doctoral and executive programs along with some further courses in the field of business administration.
- Location: Nagpur
- Placement Records: 60% placements
- Placement Package: Highest package: 64 lakhs per annum
- Exam accepted: IIM Nagpur Aptitude Test (IIMNAT)
- Top companies associated: Consulting, BFSI, FMCG / FMCD, ITES, E-Commerce, Manufacturing and Logistics.
- Course Fee: 18.9 lakhs
- Infrastructure: 7.8/10
42. Jaipuria Institute of Management
NB Rating: 7.8/10
Jaipuria Institute of Management is one of the leading institutes in the field of management, finance and other associated fields. It was established in 1945. The college is recognized as the best MBA Colleges in India.
- Location: Lucknow
- Placement Records: 50% placements
- Placement Package: Highest package: 22 lakhs per annum
- Exam accepted: CAT, MAT, XAT, and CMAT
- Top companies associated: Infosys, Wipro, HCL, TCS, EY, Deloitte, KPMG, Berger Paints, Cognizant, Capgemini
- Course Fee: 12.8 lakhs
- Infrastructure: 7.9/10
43. Institute of Management, Nirma University
NB Rating: 8.7/10
Nirma Institute of Management is one of the best private MBA colleges in India. It offers knowledge and opportunities in management education.
- Location: Ahmedabad
- Placement Records: 40%
- Placement Package: Highest package: 51 lakhs per annum
- Exam accepted: CAT
- Top companies associated: Alaya Legal, New Delhi, Gimatex Industries, Pacific Pipe Systems Private Limited ; Alembic Pharmaceuticals, GMDC
- Course Fee: 9.52 lakhs
- Infrastructure: 8.1/10
44. ABBS School of Management
NB Rating: 8.0/10
Acharya Bangalore Business School (ABBS) is measured as one of the top management schools in Bangalore. ABBS is ranked among top schools of management studies.
- Location: Bangalore
- Placement Records: 40%
- Placement Package: Highest package: 22 lakhs per annum
- Exam accepted: MAT/ CMAT/ KMAT/ XAT/ CAT+ GD/ PI
- Top companies associated: PwC, Acuity Insurance, and ICICI
- Course Fee: 8.9 – 9.9 lakhs
- Infrastructure: 7.8/10
45. Army Institute of Management
NB Rating: 7.8/10
The Army Institute of Management, Kolkata is one of the foremost management schools in India. It was established on 28 July, 1997 by the Army Welfare Education Society (AWES), New Delhi.
- Location: Kolkata
- Placement Records: 40%
- Placement Package: Highest package: 14 lakhs per annum
- Exam accepted: CAT /JEMAT
- Top companies associated: Amazon, Mother Dairy, Bajaj Allianz, HDFC Bank, ICICI Bank
- Course Fee: 2.47 lakhs
- Infrastructure: 8.0/10
46. SCMS Cochin School of Business
NB Rating: 6.9/10
SCMS Cochin School of Business ranked as one of the best B Schools in Kerala. It is also one of the best 15 in South India and one of the best 50 in India.
- Location: Kerala
- Placement Records: 40%
- Placement Package: Highest package: 13.58 lakhs per annum
- Exam accepted: CAT, XAT, CMAT, ATMA, and KMAT entrance exams.
- Top companies associated: Goldman Sachs, KPMG, TCS
- Course Fee: 1,32,500 per trimester.
- Infrastructure: 7/10
47. Doon Business School
NB Rating: 7.8/10
The Doon School (informally Doon School or Doon) is a selective all-boys private boarding school in Dehradun, Uttarakhand, India. It was recognized in 1935 and it is considered as the best MBA Colleges in India.
- Location: Dehradun
- Placement Records: 60%
- Placement Package: Highest package: 23.50 lakhs per annum
- Exam accepted: CAT, MAT, XAT, CMAT or GMAT
- Top companies associated: Asian Paints, ICICI Bank, Property Pistol, Decathlon, TCS, HCL, Berger Paints
- Course Fee: 7.8 lakhs
- Infrastructure: 8.7/10
48. St. Joseph’s Institute of Management
NB Rating: 7.5/10
St. Joseph’s Institute of Management is a private graduate school of business located in Bangalore, India. It is a branch of St. Joseph’s Institutions. It is approved by All India Council for Technical Education, New Delhi.
- Location: Bangalore
- Placement Records: 60%
- Placement Package: Highest package: 22 lakhs per annum
- Exam accepted: CAT/ MAT/ XAT/ GMAT/ CMAT/ ATMA
- Top companies associated: Amazon, Accenture, TCS
- Course Fee: 1.40 lakhs
- Infrastructure: 8.0/10
49. AMRITA School of Business
NB Rating: 7.9/10
Amrita Schools of Business are private business schools of Amrita Vishwa Vidyapeetham University in India, which is spread across its five campuses in Amritapuri (Kollam), Bengaluru, Kochi, Coimbatore and Amaravati. The Amrita School of Business, Coimbatore was recognized in 1996.
- Location: Tamil Nadu
- Placement Records: 45%
- Placement Package: Highest package: 19.17lakhs per annum
- Exam accepted: Amrita Common Aptitude Test (ACAT) / CAT / XAT / MAT / CMAT / GMAT / GRE.
- Top companies associated: Philips, Deloitte, KPMG, ITC, Coca Cola, Pantaloons, Cognizant
- Course Fee: 7.5 lakhs- 11.2 lakhs
- Infrastructure: 8.7/10
50. REVA University
NB Rating: 6.8/10
REVA University is a private university in Kattigenahalli, Yelahanka, Bangalore. It was recognized under the Government of Karnataka Act, 2012. It is administered by the Rukmini Educational Charitable Trust and is one of the best MBA Colleges in India.
- Location: Bangalore
- Placement Records: 45%
- Placement Package: Highest package: 50 lakhs per annum
- Exam accepted: REVA CET ( Common Entrance Test)
- Top companies associated: Accenture, Amazon, Bosch, Cognizant, Amazon, Toshiba, Capgemini, Deloitte, ICICI Bank, Infosys, Capgemini, KPMG, TCS, Wipro.
- Course Fee: 9 lakhs per annum
- Infrastructure: 7.1/10
FAQs:
Q1. Which is India’s No.1 MBA college?
Ans. Indian Institute of Management, Ahmedabad (IIM Ahmedabad). It is widely considered to be the best MBA best Colleges in India.
Q2. What are the top 5 MBA entrance tests in India?
Ans. Top MBA Entrance Test in India are:
1. CAT (Common Admission Test) Entrance Exam.
2. NMAT (Narsee Monjee Management Aptitude Test) Entrance Exam.
3. CMAT (Common Management Admission Test) Entrance Exam.
4. GMAT (Graduate Management Aptitude Test) Entrance Exam.
5. MAT (Management Aptitude Test) Entrance Exam.
Q3. Is MBA successful in India?
Ans. An MBA often provides a faster way to a managerial position. Many companies in India and even abroad prefer candidates with an MBA degree for leadership work. The program equips individuals with thorough business knowledge and leadership skills, making them desirable in various industries.
Q4. Is MBA safe for the future?
Ans. Yes, an MBA is a good career option as there is great demand for MBA graduates in various fields of business like finance, marketing, human resources, etc.