The top non-IIM MBA colleges in India include FMS, XIME, IIFT and more. You are eligible to apply to the non-IIMs if you have appeared and passed the respective college entrance exams.
The list of top non-IIM MBA colleges in India include colleges such as SP Jain Institute of Management and Research, Narsee Monjee Institute of Management and Studies, Indian School of Business and more. There are around 1000+ best non iim mba colleges in India, out of which the top 10 has been discussed below for your reference.
The eligibility criteria and the admission process is similar to that of IIMs where you will have to appear and pass the MBA entrance exams based on the college requirements. You get placed with top MNCs, high paying startups, and other note-worthy organizations after finishing your MBA with any of the listed non-IIM MBA colleges.
List of Top 10 MBA Colleges in India Without IIM with Fees
Many top non IIM MBA colleges in India offer excellent placements and provide quality education to students. Top business schools provide an excellent learning atmosphere regarding management skills and shape you as future business leaders.
In terms of placements, they are equally credible as top IIMs and have better rankings than some baby IIMs. Here is the list of the top 10 Non-IIM MBA Colleges in India.
| Institute | Average Fees (INR) | No.of. Seats |
| Faculty of Management Studies | 1 lakh - 1.92 lakhs | 287 |
| SP Jain Institute of Management and Research | 15 lakhs - 17.50 lakhs | 240 |
| Xavier Institute of Management | 15 lakhs - 16.80 lakhs | 180 |
| Jamnalal Bajaj Institute of Management Studies | 4 lakhs - 6 lakhs | 120 |
| Indian Institute of Foreign Trade | 5 lakhs - 7.60 lakhs | 420 |
| Symbiosis Institute of Business Management | 18 lakhs - 20.50 lakhs | 180 |
| Management Development Institute | 16 lakhs - 18.86 lakhs | 180 |
| Tata Institute of Social Science | 1.05 lakh | 60 |
| Narsee Monjee Institute of Management and Studies | 15 lakhs - 18 lakhs | 540 |
| Indian School of Business | 27 lakhs - 32.82 lakhs | 886 |
Also Read: MBA Admission
1. Faculty of Management Studies, Delhi
Faculty of Management Studies (FMS) is considered India's leading business school in return for investments. It is one of the oldest institutes in India, established in 1954.
It is one of the cheapest business schools in India, with MBA fees- of Rs 50000 per semester (which can be payable in installments). The candidates get shortlisted based on CAT scores, and after the initial shortlisting process, they conduct group discussions and personal interviews with extempore.
Many reputed companies visit the institutes annually, and the students get hired with excellent placement packages. Some of the details and important links of FMS are provided below.
| Particulars | Details |
| Average Placements | 26 Lakhs (Approx.) |
| Courses | MBA |
| Exam Accepted | CAT |
Read More: Top 12 Benefits of Executive MBA Program
2. SP Jain Institute of Management & Research, Mumbai
SP Jain Institute of Management & Research, Mumbai is an independent business school established in 1981. The institute is amongst the top B-schools in India. SPJIMR, Mumbai, is one of India's best executive education centers.
It is also recognized as one of the cohesive colleges of Bhartiya Vidya Bhawan. The shortlisted candidates are split into two categories based on profile and profile-cum ranking.
The institute provides specialization in Supply Chain Management, Operations, Database Technology, and Finance. Many top recruiters are American Express, Google, Nestle, Microsoft, and others. Here are some of the details and important links of SPJIMR.
| Particulars | Details |
| Average Placements | 26 Lakhs (Approx.) |
| Course | PGDM |
| Exams Accepted | CAT, XAT, GMAT |
Read More: Top 10 MBA Skills to Boost your Career
3. XLRI (Xavier Institute of Management), Jamshedpur
Xavier Institute of Management, XLRI is a premier business school and is ranked among the top 5 MBA institutions in India by some of the most respected authorities.
They have their XAT (Xavier Admission Test) test, and the difficulty level of the test is in line with CAT (conducted by IIMs). The institute got approved by AICTE and included NBA, AMBA, and AACSB. They specialize in business management, human resource management, and general management.
The college provides students with excellent placement opportunities and global visibility. Every year some well-known companies visit the campus. They are at the forefront of the HRM sector.
| Particulars | Details |
| Average Placements | 24.30 LPA |
| Course | PGDM |
| Exams Accepted | XAT, GMAT |
4. Jamnalal Bajaj Institute of Management and Studies (JBIMS), Mumbai
An amalgamation with the world leader in management education, yes, you got it right, the Stanford Graduate School of Business helped JBIMS secure a place among the prestigious institutes in India.
JBIMS considers various entrance tests, and they offer admissions based on CAP rounds conducted by the Directorate of Technical Education (DTE), Maharashtra, Mumbai, for their Master of Management Studies (MMS) program. Many top companies visiting the campus are JP Morgan, Hindustan Unilever, ICICI Bank, etc. Below are some of the details of JBIMS.
| Particulars | Details |
| Average Placements | 20 Lakhs (Approx.) |
| Course | MMS |
| Exams Accepted | MAH-CET, CAT, CMAT, MAT, ATMA |
5. Indian Institute of Foreign Trade (IIFT), Delhi
IIFT is amongst the top MBA institutions in India, founded in 1963. It is a private business school established by the Government of India to help the country acquire foreign trade technology.
IIFT was recognized as a university in 2002. It is a private B school established by the Government of India to help students acquire foreign trade technology. If you are interested in pursuing an MBA in International Business, IIFT is the only tier-1 business school that offers this functionality. Outside Delhi, it now has campuses set up in Kolkata and Tanzania. In addition, IIFT conducts its entrance exam for MBA (IB) admission.
| Particulars | Details |
| Average Placements | 18.40 Lakhs |
| Course | MBA (IB) |
| Exams Accepted | IIFT |
Read More: Top 6 Certification Courses for MBA Finance Students
6. Symbiosis Institute of Management, Pune
Symbiosis Institute of Management, Pune, is one of India's leading B schools, founded in 1978. This private institute offers MBA and Executive MBA courses. Symbiosis conducts its entrance exam, i.e., Symbiosis National Aptitude Test (SNAP).
Then, based on the SNAP score, the shortlisted candidates go through the GD-PI process to choose the program according to their performance.
The institute specializes in marketing, finance, HR, Operations, Operations Management, and Innovation and Entrepreneurship. Some of the top recruiters are Accenture, Google, Barclays, etc. Following are some of the details provided by SIBM, Pune.
| Particulars | Details |
| Average Placements | 17.48 LPA |
| Course | MBA |
| Exams Accepted | SNAP |
Read More: Why MBA? Top Reasons to Pursue an MBA
7. Management Development Institute, Gurgaon
MDI Gurgaon is known for its strength of the Management Development Institute lies in its great partnership with massive industries. The placement record is 100% yearly, and MDI graduates sign a higher payout than the few IIM graduates. To enter the MDI, you must qualify for the CAT in the flying percentile. Below are some details and essential links provided.
| Particulars | Details |
| Average Placements | 23.15 LPA |
| Course | PGDM |
| Exams Accepted | CAT |
8. Tata Institute of Social Science, Mumbai
The Tata Institute of Social Science (TISS) Mumbai, founded in 1936, is regarded as a university that offers various PG, doctoral, integrated, certification, and online degrees in Social Work, Rural Development, and other similar fields.
The institute has amalgamated with various academic and industrial giants such as the University of Chicago, the London School of Economics, etc. There are 21 schools or departments in TISS Mumbai with 45 centers. TISS conducts its entrance exams for its admission. The institute's most significant recruitment includes Swiggy, Amazon, Taj Group, etc.
| Particulars | Details |
| Average Placements | 20 LPA |
| Course | MA |
| Exams Accepted | TISS |
9. Narsee Monjee Institute of Management and Studies, Mumbai
Narsee Monjee Institute of Management and Studies, NMIMS today emerged as a world-renowned university. Consistent quality of education, research focus, expertise from national and international institutions, and strong industry linkages at NMIMS have placed it among the country's leading academic and research excellence institutions today.
In keeping with the ever-changing education environment and meeting international standards, NMIMS has made great efforts in terms of programs, curriculum development, international communication, placement, and student development. NMIMS conducts its entrance exam for admission to MBA programs.
| Particulars | Details |
| Average Placements | 14.50 LPA |
| Course | MBA |
| Exams Accepted | NMAT |
10. Indian School of Business, Hyderabad
The Indian Business School received a distinct difference in obtaining accreditation by the Association of MBAs (AMBA), making it the 100th business school globally to achieve the triple crown of accreditation from AMBA, EFMD Quality Improvement System (EQUIS), and the Association to Advance Collegiate Schools of Business (AACSB). The AMBA accreditation represents the highest benefit for high-quality business education.
Its comprehensive assessment methods ensure that only the highest quality programs that reflect the highest standards of teaching, curriculum, and student interaction receive the accreditation of the Association of MBAs. ISB provides excellent placement opportunities for its students. Some of the biggest recruiters of this institute are Amazon, Aditya Birla Group, Adani Group, etc.
| Particulars | Details |
| Average Placements | 21 LPA |
| Course | PGPM |
| Exams Accepted | GMAT |
Read More: MBA Marketing vs MBA Digital Marketing
Top Non-IIM MBA Colleges in India Eligibility Criteria
The ones seeking admission in any of the top MBA institutes in India and are preparing for Common Admission Test (CAT) or any other MBA exams, the first process is to check the eligibility criteria for admission in MBA programs.
Here we provide you the criteria to be eligible to take admission in any of the MBA institutes in India.
- You should have a minimum of 50% in graduation (Final year students can also apply) in any discipline from a recognized institute.
- You should have an aggregate of 50% or more in the 10th and 12th classes from any recognized board.
- Scores of Entrance Exams like CAT, MAT, XAT, NMAT, SNAP, GMAT, or any institute’s tests are required.
- Apart from the entrance test scores, you will be judged on your leadership potential, decision-making skills, etc. One with work experiences, extracurricular activities are given extra weightage.
Top Non-IIM MBA Colleges in India Admission Process
The ones who are looking to join any of these top non-IIM MBA colleges in India will have to know the common admission process followed by all management institutions.
- You have to pass the entrance exam (MAT, CMAT, KMAT, GMAT, SNAP, XAT; etc,) with the scores stipulated by each institution for the academic year.
- You will have to prep and crack the group discussion based on current topics in news, finance, general, and industrial growth.
- Finally, the personal interview session is conducted either with the dean of the program or with the faculties of each college.
All the scores are cumulated and a final list of merit list is prepared by the institution based on your performance in these entrance rounds.
Other Top Non-IIM Business Schools in India
MBA is one of the most sought-after courses in India and abroad. A major concern for every student who wants to pursue an MBA in India is to get placed in reputed companies.
However, you do not need to create a successful career in an MBA only if you can gain acceptance in IIMs. Apart from the institutes mentioned above, various prime MBA institutions in India get a high-quality education and excellent placement.
| Non-IIM College Names | Average Fees (INR) |
| NITIE Mumbai | 1.5 lakhs - 1.85 lakhs |
| MICA Ahmedabad | 18 lakhs - 21 lakhs |
| Shailesh. J Mehta School of Management, IIT Bombay | 1.65 lakhs - 2 lakhs |
| IMT Ghaziabad | 15 lakhs - 17.67 lakhs |
| DMS IIT Delhi | 95,000 - 1.78 lakhs |
| DoMS IIT Madras | 7 lakhs - 8.73 lakhs |
| XIMB Bhubaneshwar | 14 lakhs - 16.67 lakhs |
| Institute of Rural Management Anand | 10.10 lakhs - 15.75 lakhs |
| TAPMI Manipal | 14 lakhs - 16.5 lakhs |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Mumbai | 1.34 lakhs - 4 lakhs |
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