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Top MBA Colleges in India

Get the complete List of 3382 Top MBA Colleges in India 2021 based on Rankings below:

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MBA stands for Master of Business Administration which is a 2-year post-graduate program suitable for students who have completed their graduation with a minimum of 50% marks. Candidates get ample job opportunities to work as entrepreneurs, management consultants in private firms after completing a degree in MBA. MBA colleges in India offer the course in various specialisations such as marketing, human resource, finance, etc. 

NIRF, Times B School, The Week and many other ranking sources have ranked various public and private MBA colleges in India. Top MBA colleges in India such as IIMs, IITs, private institutes like NMIMS, SPJIMR, MDI, etc., provide quality education with better career prospects to students.

Top MBA Colleges in India by NIRF Ranking

National Institutional Ranking Framework (NIRF) is a government ranking agency run by the Ministry of Human Resource Development (MHRD) to rank institutions in India based on set parameters every year. NIRF uses the following parameters and weightage to rank colleges:

  • Teaching, Learning, and Resources (TLR) - 30%
  • Research and Professional Practice (RP) - 30%
  • Graduation Outcomes (GO) - 15%
  • Outreach and Inclusivity (OI) - 15%
  • Peer Perception (PR) - 10%

Here are the top MBA colleges in India as per latest NIRF ranking:

NIRF Ranking 2020

Name of the College

NIRF Score

1

Indian Institute of Management, Ahmedabad

82.75

2

Indian Institute of Management, Bangalore

81.32

3

Indian Institute of Management, Calcutta

 80.39

4

Indian Institute of Management, Lucknow

73.85

5

Indian Institute of Management, Kharagpur

70.43

6

Indian Institute of Management, Kozhikode

69.96

7

Indian Institute of Management, Indore

69.04

8

Indian Institute of Technology, Delhi

67.19

9

Xavier Labour Relations Institute (XLRI), Jamshedpur

67.11

10

Management Development Institute (MDI), Gurugram

65.95

Top MBA Colleges in India by Times B School 

Below mentioned are the top MBA colleges in India as per Times B School ranking 2020:

Times B School Ranking 2020

Name of the College

MBA Total Fees (INR)

1

Xavier School of Management, Jamshedpur

23,60,000

2

Indian Institute of Management (IIM), Raipur

14,20,400

3

Indian Institute of Management (IIM), Udaipur

6,16,000

4

Indian Institute of Management (IIM), Shillong

14,60,000

5

Institute of Management Technology (IMT), Ghaziabad

19,53,000

6

Indian Institute of Management (IIM), Kashipur

15,42,000

7

K.J Somaiya Institute of Management, Mumbai

6,47,350

8

ICFAI Business School (IBS), Hyderabad

14,00,000

8

Vinod Gupta School of Management, IIT Kharagpur

10,30,000

9

Department of Management Studies, IIT Delhi

9,60,000

10

Rajagiri Centre for Business Studies, Kochi

6,00,000

Top MBA Colleges in India by The Week 

Given-below is the list of top MBA colleges in India as per The Week ranking 2020:

The Week Ranking 2020

Name of the College

MBA Total Fees (INR)

1

Indian Institute of Management (IIM), Ahmedabad

23,00,000

2

Indian Institute of Management (IIM), Bangalore

23,15,000

3

Indian Institute of Management (IIM), Lucknow

21,00,000

4

Xavier School of Management, Jamshedpur

23,60,000

5

Faculty of Management Studies (FMS), Delhi

2,00,000

6

Indian Institute of Management (IIM), Kozhikode

19,00,000

7

Indian Institute of Management (IIM), Indore

16,00,000

8

SP Jain Institute of Management & Research, Mumbai

17,50,000

9

Management Development Institute (MDI), Gurugram

18,85,000

10

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

6,00,000

Top MBA Colleges in India by Outlook 

Check out the list of top MBA colleges in India by Outlook ranking 2020:

NIRF Ranking 2020

Name of the College

MBA Total Fees (INR)

1

Indian Institute of Management, Ahmedabad

23,00,000

2

Indian Institute of Management, Calcutta

   27,00,000

3

Xavier Labour Relations Institute (XLRI), Jamshedpur

   23,60,000

4

Faculty of Management Studies (FMS), Delhi

2,00,000

5

Indian Institute of Management, Indore

16,00,000

6

SP Jain Institute of Management & Research, Mumbai

17,50,000

7

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

18,50,000

8

Management Development Institute (MDI), Gurugram

18,85,000

9

Symbiosis Institute of Business Management, Pune

20,50,000

10

Xavier Institute of Management (XIM), Bhubaneswar

17,37,000

Specialisation-wise MBA Colleges in India 

There are a diverse number of specialisations available in the MBA colleges like marketing management, human resource, finance, supply chain management, etc. Students can choose from multiple specialisations based on job prospects and career opportunities. Below listed are a few of the top MBA colleges in India for specialisations that provide promising career opportunities:

Top HR Colleges in India 

Management degree in human resource is related to the management of people in an organisation to achieve a company's objectives and profits. HRM has increased the demand to retain new competent workforce with the growth of startups and advancement of technology. Students get lucrative opportunities in HR specialisation after completing MBA from top colleges in India. Following are the top colleges for HR management in India:

  • Xavier Labour Relations Institute (XLRI), Jamshedpur
  • Management Development Institute (MDI), Gurugram
  • Indian Institute of Management (IIM), Lucknow
  • Indian Institute of Management (IIM), Bangalore

Top Marketing Colleges in India 

Marketing involves the planning and distribution of ideas, products, and services into the market. After pursuing MBA in marketing management, students get lucrative job opportunities to join MNCs, public sector enterprises, etc. Below listed are few of the top MBA colleges for marketing management in India:

  • Indian Institute of Management (IIM), Indore
  • Faculty of Management Studies (FMS), Delhi
  • Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

Top Finance Colleges in India

Management course in finance helps the students to get placed in various NBFCs, mutual fund investments, brokerage firms, etc. Listed below are few of the top MBA colleges for finance field in India: 

  • Indian Institute of Management (IIM), Bangalore
  • Indian Institute of Management (IIM), Calcutta
  • XLRI, Jamshedpur

Fee Structure for Top MBA Colleges in India

Various MBA colleges provide multiple courses that have a varying fee structure based on the college type and the amenities provided to the students. The fee structure for the top public and private colleges for MBA is as follows:

Public Colleges with MBA Fees

Let us take a look at the top public MBA colleges in India with their fees as per the NIRF ranking 2020:

Name of Public Colleges

MBA Fees Structure (Total Fees INR)

Indian Institute of Management, Ahmedabad

 23,00,000

Indian Institute of Management, Bangalore

23,15,000

Indian Institute of Management, Calcutta

27,00,000

Indian Institute of Management, Lucknow

21,00,000

Private Colleges with MBA Fees

Following are the top private MBA colleges in India with their fees as per the NIRF ranking 2020:

Name of Private Colleges

MBA Fees Structure (Total Fees INR)

Management Development Institute (MDI), Gurugram

18,85,000

Symbiosis Institute of Business Management, Pune

19,20,000

Narsee Monjee Institute of Management Studies, Mumbai

18,50,000

SP Jain Institute of Management & Research, Mumbai

17,50,000

Entrance Exams Accepted by MBA Colleges in India 

Top MBA colleges in India offer admission to the students based on the marks obtained in various national or state-level entrance examinations. Below listed are the popular MBA entrance exams for admission to various courses:

  • CAT
  • XAT
  • ATMA
  • MAT
  • CMAT
  • NMAT
  • IPU CET
  • SNAP
  • JSAT
  • MAH CET

Admission and Eligibility Criteria for MBA Colleges

MBA colleges grant merit-based admission to students based on the rank secured in the national or state level entrance exams. Few of the private colleges also accept management quota for direct admission. The eligibility criteria for admission to MBA colleges in India are as follows:

Eligibility Criteria for MBA Colleges 

All the MBA colleges have set standard guidelines for students to complete the admission process. Candidates must fulfill the minimum eligibility conditions set by the administration for admission to MBA courses. Listed below are the general eligibility criteria for MBA colleges in India:

  • The students should complete graduation in any stream or equivalent with a minimum aggregate of 50% marks and have a good score in any national or state-level MBA entrance exams.
  • Candidates who are in the final year of their graduation can also apply for the MBA course, provided they must present the final year marksheet to the respective institute within the specified duration.

Admission in MBA Colleges 

There are 6500 MBA colleges in India that offer courses to multiple specialisations like marketing management, finance, supply chain management, etc. Top MBA colleges grant admissions based on the CAT, XAT, NMAT exam scores. Below are the general admission criteria for MBA colleges:

  • Admissions to various MBA specialisations are made based on the national or state-level entrance exam scores. After the declaration of results, colleges conduct their Written Ability Test (WAT) along with Group Discussion (GD) and Personal Interview (PI) rounds.
  • MBA colleges also consider the overall academic performance of the candidates in Class 10th and 12th.

Cut Off for Top MBA Colleges in India 

Top MBA colleges in India release multiple cut-off lists based on merit in the entrance exams. The cut-off may vary every year based on certain factors set by the institutions. CAT, XAT, SNAP, NMAT are some of the popular exams for admission to MBA courses. 

CAT Cut Off 

Common Admission Test (CAT) is a national-level test that offers admission to 20 IIMs, and more than 1200 management institutes in India. 

Below mentioned is the CAT cut-off for a few of the top MBA colleges:

Name of the Colleges

CAT Cut-Off (%ile)

Indian Institute of Management (IIM), Ahmedabad

90

Indian Institute of Management (IIM), Bangalore

99

  Indian Institute of Management (IIM), Calcutta

99

Indian Institute of Management (IIM), Kozhikode

97

Indian Institute of Management (IIM), Indore

97

XAT Cut Off 

XLRI, Jamshedpur conducts Xavier Aptitude Test (XAT) which is a national-level examination that offers admission to MBA/PGDM programs in more than 700 business schools in India. 

Check out the XAT cut-off for a few of the top MBA colleges in India:

Name of the Colleges

CAT Cut-Off (%ile)

Xavier Labour Relations Institute (XLRI), Jamshedpur

94+

SP Jain Institute of Management and Research, Mumbai

90+

  Institute of Management Technology (IMT), Ghaziabad

90+

SNAP Cut Off 

Symbiosis National Aptitude Test (SNAP) is a national-level MBA test conducted by Symbiosis International University (SIU) for admission to MBA/PGDM programs in 20 affiliated colleges.

Here is the SNAP cut-off for a few of the top MBA colleges in India affiliated by SIU:

Name of the Colleges

SNAP Cut-Off (%ile)

Symbiosis Institute of Business Management (SIBM), Pune

96

Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune

95

Symbiosis Institute of International Business (SIIB), Pune

92

Scope of MBA 

MBA is a popular course pursued by students in full-time, part-time, or distance learning. Top MBA colleges provide excellent career growth and job opportunities to students around the world. Below mentioned are the career opportunities and scope after completing MBA:

  • After completing MBA from top colleges in India, students are hired by the public and private sectors in various job profiles like Marketing Manager, Business Consultant, Marketing and Sales Executive, Account Manager, etc.
  • Management  is a job-oriented field that offers high career opportunities with decent salary packages to the students.
  • Candidates can pursue PhD in India or abroad after completing their MBA course that provides better exposure in the relevant field.

MBA Colleges’ Placements 

Top MBA colleges in India offer high packages and placement opportunities to students. As per PayScale, the average entry-level package for a management student in India is 3-4 LPA. Following are the top recruiters from MBA colleges in India:

Top MBA Recruiters

Check out few of the recruiters from the top MBA colleges in India:

Name of the Colleges

Top Recruiters

Indian Institute of Management (IIM), Bangalore

Accenture, Amazon, AT Kearney, Philips, Practo, IBM, Hyundai, ITC, HDFC, Nerolac, JP Morgan, Nomura, HSBC, Cognizant, Asian Paints, Axis Bank

    Indian Institute of Management (IIM), Calcutta

Yes Bank, Wipro, Whirlpool, Oracle, Dell, Dabur, Deloitte, Unisys, Deutsche Bank, MU Sigma, Virtusa

Indian Institute of Management (IIM), Ahmedabad

Barclays Capital, Goldman Sachs, Microsoft, Infosys, Hindustan Unilever, Google, Grofers, American Express, HSBC, KPMG

Indian Institute of Management (IIM), Lucknow

IBM, ICICI, Yahoo, Nestle, McKinsey, Genpact, Hewlett Packard, HSBC, American Express, Dabur, Infosys, CITI Bank, Coca-Cola, Godrej

Indian Institute of Technology (IIT), Kharagpur

Linkedin, Facebook, Ford Motors, PWC, Morgan Stanley, Accenture, Deutsche Bank, ZS Associates

Average CTCs offered in Top MBA Colleges in India 

Following are the average salaries offered in various top MBA colleges in India:

Name of the Colleges

Average CTCs offered

Indian Institute of Management (IIM), Ahmedabad

33 LPA

Indian Institute of Management (IIM), Calcutta

27.9 LPA

Indian Institute of Management (IIM), Bangalore

26.18 LPA

Faculty of Management Studies (FMS), Delhi

25.6 LPA

Management Development Institute (MDI), Gurugram

22.05 LPA

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

18.33 LPA

Xavier Labour Relations Institute (XLRI), Jamshedpur

15 LPA

FAQs 

Q. Which colleges are best in India for pursuing MBA?

A. NIRF has ranked various management colleges in India that include public MBA colleges such as IIM Ahmedabad, IIM Calcutta, IIM Bangalore, etc., and a few private business schools like NMIMS Mumbai, XLRI Jamshedpur, SPJIMR Mumbai, IMT Ghaziabad, etc. that are best for pursuing an MBA course.

Q. What are the popular specialisations for a management course?

A. Management course or MBA course is offered in various specialisations like finance, human resource, operations, marketing management, etc.

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Jaipur, Rajasthan

7 / 10 star_icon Sponsored


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Bareilly, Uttar Pradesh

8 / 10 star_icon Sponsored


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Bangalore / Bengaluru, Karnataka

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