The CAT 2025 answer key and response sheet have been released and is now available at iimcat.ac.in. The objection window will open from December 8 to December 10, with a fee of ₹1200 per objection.
The CUET PG 2026 notification is expected in December 2025, with registrations likely to begin soon. Following last year’s timeline, application registrations may open in December–January.
The MICAT Phase 1 Admit Card 2026 has been released on the official website, mica.ac.in. Candidates who completed their registration by November 23 can download the admit card using their MICA ID and date of birth. MICAT Phase 1 is scheduled to be conducted on December 6, 2025.
ATMA 2026 registration for the February session is currently open, with the registration window available until February 10, 2026. The fee payment deadline is February 9, 2026. The exam will be conducted in computer-based mode on February 22, 2026.
Delhi has emerged as India’s top destination for management education, driven by its thriving finance, consulting, IT, and startup ecosystem. The city is home to premier institutes like the Faculty of Management Studies (FMS) and the Indian Institute of Foreign Trade (IIFT), attracting more than 50,000 MBA aspirants every year. According to NIRF 2025 rankings, Delhi NCR continues to dominate the national scene, with six institutes featuring in the top 25 B-schools of India.
For MBA admissions 2026, competition is expected to be intense through CAT (November 30, 2025) and XAT (January 2026). Candidates scoring 99 percentile and above can target flagship programs that combine strong analytical training with hands-on exposure in emerging fields like fintech, analytics, and sustainable business.
This guide highlights the top MBA colleges in Delhi based on your preferences — from affordable government colleges (fees starting at ₹40,000) to leading private institutions offering placements up to ₹34 LPA. You’ll also find options for direct admissions without entrance exams.
Whether your goal is a career in HR, marketing, operations, or analytics, comparing fees, placements, ROI, and cutoff trends will help you make the right choice. Keep an eye on NIRF parameters — with 30% weightage on teaching quality and 20% on placement outcomes — and make use of centralized DU counseling to simplify your application process.
According to NIRF 2025, Delhi’s B-schools continue to excel in placements, research, and industry connect, with most institutes achieving 95%+ placement rates and industry perception scores above 80/100.
FMS Delhi tops the list — its strong alumni base contributes to nearly 20% of Fortune 500 leadership roles held by Indian graduates. IIT Delhi’s DMS integrates AI and analytics-driven case studies, while IIFT Delhi maintains its legacy in global trade and international business.
For 2026 admissions, CAT 2025 (November 30, 2025) remains the primary gateway for most top institutes, with cutoffs ranging between 75 and 99 percentiles. Results are expected in January 2026, followed by GD/PI shortlists by February.
| College Name | Total Fees (INR) | Average Placement (INR LPA) |
|---|---|---|
| Faculty of Management Studies (FMS), Delhi University | INR 23,000 | 34.10 LPA |
| Indian Institute of Foreign Trade (IIFT), Delhi | INR 21,77,000 | 31.05 LPA |
| Department of Management Studies (DMS), IIT Delhi | INR 11,00,000 | 20.50 LPA |
| Management Development Institute (MDI), Gurgaon | INR 25,00,000 | 26.13 LPA |
| Jamia Millia Islamia (JMI) | INR 65,000 | 12.30 LPA |
| International Management Institute (IMI), New Delhi | INR 22,00,000 | 16.50 LPA |
| FORE School of Management, New Delhi | INR 16,00,000 | 14.00 LPA |
| Jawaharlal Nehru University (JNU) | INR 40,000 | 10.00 LPA |
| Delhi Technological University (DTU) | INR 2,00,000 | 12.00 LPA |
| Indian Institute of Management (IIM) Rohtak – NCR Campus | INR 15,00,000 | 14.50 LPA |
Highlights:
Highest Average Package: ₹34.1 LPA at FMS Delhi
Best ROI: JNU and FMS with fees under ₹1 lakh
Top Private Performers: IMI and FORE School with 90%+ placement records
Emerging Trend: Dual specializations in AI, fintech, and sustainable management
Government MBA colleges in Delhi are among the best in India for students seeking high ROI and affordable education. Institutions like FMS Delhi and Jamia Millia Islamia (JMI) offer 1,000%+ return on investment, thanks to fees below INR 1 lakh and consistently strong placements.
As per NIRF 2025, these colleges score over 70 points in the Outreach & Inclusivity (OI) parameter, reflecting their strong support for diversity and access. Placement rates hover around 90%, with many graduates joining public sector units (PSUs) such as SBI, NTPC, and ONGC, in line with Delhi’s growing public-sector recruitment trend.
| Rank | College Name | Total Fees (INR) | Average Placement (INR LPA) |
|---|---|---|---|
| 1 | Faculty of Management Studies (FMS), Delhi University | INR 23,000 | 34.10 LPA |
| 2 | Department of Management Studies (DMS), IIT Delhi | INR 11,00,000 | 20.50 LPA |
| 3 | Jamia Millia Islamia (JMI) | INR 65,000 | 12.30 LPA |
| 4 | Jawaharlal Nehru University (JNU) | INR 40,000 | 10.00 LPA |
| 5 | Delhi Technological University (DTU) | INR 2,00,000 | 12.00 LPA |
Highlights:
Best ROI: FMS Delhi (over 1,400%)
Affordable Options: JNU and Jamia Millia Islamia, with total fees under INR 1 lakh
Top Recruiters: SBI, Deloitte, EY, Accenture, NTPC
Admission Routes: CAT 2025 and DU’s centralized counseling for affiliated colleges
Delhi’s private MBA institutes are known for their global exposure, strong corporate links, and diverse specialization options. Leading the pack is MDI Gurgaon, which offers international immersion through Harvard and ESCP tie-ups, making up nearly 20% of its curriculum.
According to NIRF 2025, top private B-schools in the Delhi NCR region report an average 85% research and innovation score, with graduates securing placements between INR 15–25 LPA in domains such as marketing, HR, finance, and analytics. Most colleges accept CAT, XAT, or CMAT scores, with several offering merit-based direct admissions as well.
| College Name | Total Fees (INR) | Average Placement (INR LPA) |
|---|---|---|
| Management Development Institute (MDI), Gurgaon | INR 25,00,000 | 26.13 LPA |
| International Management Institute (IMI), New Delhi | INR 22,00,000 | 16.50 LPA |
| FORE School of Management, New Delhi | INR 16,00,000 | 14.00 LPA |
| New Delhi Institute of Management (NDIM) | INR 9,00,000 | 9.50 LPA |
| Apeejay School of Management, Dwarka | INR 8,00,000 | 8.50 LPA |
Highlights:
Highest Package Range: Up to INR 26 LPA (MDI Gurgaon)
Best for Marketing & HR: FORE and NDIM with strong FMCG and consulting tie-ups
Top Recruiters: Deloitte, KPMG, Nestlé, EY, PwC, HDFC Bank
Exams Accepted: CAT, XAT, CMAT, and institute-level GD/PI rounds
For students aiming to begin their management journey right after Class 12, Delhi NCR offers some of India’s best integrated BBA+MBA programs. These five-year courses combine undergraduate and postgraduate management studies, allowing students to skip multiple entrance exams later.
Leading institutes like Amity University Noida offer direct entry through IPMAT (May 2026) and internal assessments. Fees range between INR 10–20 lakh for the full program, with 80% placement rates, especially in fast-growing domains like business analytics, fintech, and digital marketing—making them ideal for early-career professionals.
| College Name | Fees for 5 Years (INR) | Average Placement (INR LPA) |
|---|---|---|
| Amity University, Noida | INR 20,00,000 | 6.00 LPA |
| Galgotias University, Greater Noida | INR 12,00,000 | 5.00 LPA |
| Sharda University, Greater Noida | INR 10,00,000 | 4.50 LPA |
| Bennett University, Greater Noida | INR 18,00,000 | 7.00 LPA |
| BML Munjal University, Gurgaon | INR 15,00,000 | 8.00 LPA |
Highlights:
Exam Mode: IPMAT (May 2026) / Direct Admission
Best ROI: BML Munjal University with 8 LPA average package
Top Recruiters: HCL, Wipro, Deloitte, and Paytm
Ideal For: Students seeking early exposure to fintech and analytics
For aspirants seeking affordable, high-ROI MBA programs, Delhi’s government universities remain unbeatable. Institutions like JNU and Jamia Millia Islamia offer top-quality management education with fees under INR 2 lakh and impressive placement rates—often matching or exceeding private colleges charging 10× more.
These universities consistently feature in the NIRF 101–125 band, offering 85–90% placements in sectors like banking, policy, and IT services. Their ROI often exceeds 2,000%, making them the best picks for students prioritizing value and stability over brand premium.
| College Name | Total Fees (INR) | Average Placement (INR LPA) | Key Highlights |
|---|---|---|---|
| Jawaharlal Nehru University (JNU) | INR 40,000 | 10.00 LPA | Strong in policy management; recruiters include RBI & NITI Aayog |
| Jamia Millia Islamia (JMI) | INR 65,000 | 12.30 LPA | 90% placed in IT & consulting; 50% EWS fee waiver available |
| Delhi Technological University (DTU) | INR 2,00,000 | 12.00 LPA | 95% summer internships; top recruiters include TCS, Infosys, Wipro |
Why Choose Low-Fee MBAs in Delhi?
ROI exceeding 2,000% for public universities
Excellent placements in PSUs, banks, and consulting
CUET-PG & CAT 2025 accepted for most government institutes
Fee waivers and scholarships are available for EWS, SC/ST, and PwD categories
MBA fees in Delhi vary widely — from INR 40,000 at public universities to INR 25 lakh at private institutes. Despite this range, Delhi’s top government colleges such as FMS Delhi and Jamia Millia Islamia (JMI) offer exceptional returns on investment (ROI), often exceeding 2,000%.
ROI is typically calculated using the formula:
ROI = (2 × Average Salary – Fees) ÷ Fees × 100
As per 2025 data, FMS Delhi delivers the highest ROI (2,800%) among all B-schools in India, thanks to its minimal fees and top-tier placements.
Scholarships further improve affordability — ranging from 20% to 100% fee waivers based on academic merit (CAT 95+ percentile) or family income below INR 6 LPA. Through the Vidya Lakshmi portal, students can access government-backed education loans and need-based financial aid.
For instance, IIFT Delhi’s National Scholarship Scheme (NSS) supports around 10% of students with fee waivers worth up to INR 4 lakh.
| College Name | Total Fees (INR) | ROI (%) |
|---|---|---|
| Faculty of Management Studies (FMS), Delhi University | INR 23,000 | 2,800 |
| Jamia Millia Islamia (JMI) | INR 65,000 | 3,700 |
| Department of Management Studies (DMS), IIT Delhi | INR 11,00,000 | 272 |
| Management Development Institute (MDI), Gurgaon | INR 25,00,000 | 109 |
Scholarship Highlights:
Merit-Based: CAT/XAT percentile above 95; 20–100% tuition fee waiver
Need-Based: Family income below INR 6 LPA (up to 100% aid under Vidya Lakshmi)
Institute-Specific:
IIFT Delhi – Up to INR 4 lakh waiver under NSS
Jamia Millia Islamia – 50% concession for EWS students
FMS Delhi – DU merit-cum-means scholarships for top 5% students
MBA admissions in Delhi are primarily through CAT, XAT, CMAT, and CUET PG exams, each opening doors to specific categories of institutes.
CAT (Nov 30, 2025): Accepted by FMS, IIT Delhi, and MDI Gurgaon — cutoffs range from 75–99 percentile.
XAT (Jan 2026): Ideal for IMI and IIFT aspirants, targeting 75–95 percentile.
CMAT (Apr 2026): Offers access to mid-tier B-schools like FORE and DTU, typically above 90 percentile.
CUET PG (Mar 2026): Conducted for government universities such as JNU and Jamia, requiring 80–95 percentile for top courses.
| Exam Name | Key Colleges Accepting | Target Percentile Range |
|---|---|---|
| CAT 2025 | FMS, IIT Delhi, MDI Gurgaon | 75–99 |
| XAT 2026 | IMI, IIFT | 75–95 |
| CMAT 2026 | FORE, DTU | 90+ |
| CUET PG 2026 | JNU, Jamia Millia Islamia | 80–95 |
Prep Tip:
Focus on CAT VARC and DILR for IIM/IIT/FMS admissions, while XAT requires additional emphasis on Decision-Making and Essay Writing. For CUET PG aspirants, Delhi University-affiliated colleges prioritize general aptitude and subject-specific awareness.
Choosing the right specialization is key to building a successful management career. Delhi’s top B-schools offer domain-focused MBAs aligned with the city’s strong finance, consulting, and technology sectors.
As per 2025 placement data, over 40% of Delhi’s MBA roles were in the BFSI (Banking, Financial Services & Insurance) sector, reflecting India’s digital banking and fintech boom. Aspirants can explore high-paying tracks in Finance, HR, and Business Analytics, with top recruiters including JP Morgan, Deloitte, and Tata Group.
| Specialization | Top College Offering | Key Recruiters |
|---|---|---|
| Finance | FMS Delhi | JP Morgan, HDFC Bank, EY |
| Human Resources (HR) | Jamia Millia Islamia (JMI) | Tata Group, Hindustan Unilever (HUL) |
| Business Analytics | Department of Management Studies (DMS), IIT Delhi | Accenture, Deloitte, Genpact |
Highlights:
Finance at FMS Delhi: Average package up to INR 35 LPA, with leading roles in investment banking and consulting.
HR at Jamia Millia Islamia: Strong placement ties with Tata and HUL, ideal for aspirants in people management.
Analytics at IIT Delhi: 90% placement rate in analytics and digital transformation roles, with average packages of INR 22 LPA.
If you wish to avoid the CAT competition, several reputed colleges in Delhi offer alternative admission routes through their own entrance exams, CUET PG, or direct merit-based selection.
Government options like Jamia Millia Islamia and JNU offer high ROI with fees under INR 1 lakh, while private colleges like NDIM provide GD/PI-based admissions for students with 60%+ in graduation. Nearly 70% of seats in private universities are filled through direct or merit-based entry by December 2025.
| College Name | Admission Mode | Average Placement (INR LPA) | Key Highlights |
|---|---|---|---|
| Jamia Millia Islamia (JMI) | JMI Entrance Exam (85+ cutoff) | 12.30 | Strong in consulting; top recruiters include Deloitte, Wipro |
| Jawaharlal Nehru University (JNU) | CUET PG | 10.00 | Policy-focused MBA; internships with UN & NITI Aayog |
| New Delhi Institute of Management (NDIM) | Merit + GD/PI | 9.50 | Direct admission; top roles in marketing & sales |
Highlights:
No CAT Required: Entry through CUET PG, institute tests, or merit
Affordable Fees: Government colleges under INR 1 lakh
High Placement Rates: 85–90% across JNU, Jamia, and NDIM
Application Timeline: Forms open till December 2025 for early admissions
Delhi’s 2025 MBA placement season saw a 15% surge in consulting and fintech hiring, reflecting the region’s growing dominance as India’s business and policy hub. Major recruiters like BCG, Deloitte, and Accenture expanded their intake by 25% year-on-year, particularly for roles in strategy and analytics.
At FMS Delhi, placements reached 98%, with the median package crossing INR 20 LPA for operations and general management roles. Meanwhile, IIFT Delhi led the finance sector with an average CTC of INR 28 LPA, driven by its international trade and BFSI focus.
McKinsey, JP Morgan, and Amazon actively hired from IIT Delhi’s DMS for analytics and tech strategy profiles, offering packages between INR 25–40 LPA. The NCR corridor, including Gurgaon and Noida, continued to attract over 1.2 million job openings in management, analytics, and consulting domains.
| Category | Key Insights |
|---|---|
| Sector Surge | Finance led with 35% of hires at IIFT; IT & Consulting followed with 30%. |
| Top Offers | IIFT Delhi: INR 75.6 LPA (highest); FMS Delhi: 100% internships averaging INR 4 LPA stipend. |
| NCR Edge | IIM Rohtak’s NCR presence enabled 40% PSU roles with ONGC, SBI, and IOCL. |
Top Recruiters: BCG, Deloitte, KPMG, JP Morgan, PwC, Amazon, HDFC, Accenture, and Tata Group
Emerging Domains: Fintech, AI-driven analytics, and digital operations
To apply for MBA programs across Delhi NCR, candidates must meet the following academic and exam-based criteria:
Educational Qualification:
Bachelor’s degree with a minimum of 50% aggregate (45% for SC/ST/PwD) from a UGC-recognized university.
Entrance Exams Accepted:
CAT, XAT, or CMAT scores for 80% of seats.
CUET PG or college-specific tests for universities like JNU and Jamia Millia Islamia.
Selection Process:
Shortlisting based on entrance score + academic performance (60% weightage at DU)
Followed by WAT, GD, and PI rounds.
Reservation Policy (As per Govt. of India):
OBC: 27% | SC: 15% | ST: 7.5% | EWS: 10%
PI Topics: Focus on Delhi’s startup ecosystem, public policy, and green economy initiatives.
Faculty of Management Studies (FMS), Delhi University continues to be India’s most sought-after B-school for its unmatched ROI, industry exposure, and academic excellence. Ranked #2 in NIRF 2025, FMS stands out for integrating over 50 electives in fintech, sustainability, and public policy—built through collaborations with the RBI and global think tanks.
With fees under INR 2.5 lakh and average packages exceeding INR 34 LPA, FMS offers an ROI of nearly 2,800%, outperforming all IIMs. Around 40% of its graduates are placed in banking and finance, supported by a powerful alumni network across HDFC, JP Morgan, and BCG.
Key Strengths of FMS Delhi:
ROI Leader: World-class placements at minimal cost (₹23K fees)
Faculty Excellence: Professors with 20+ years in policy & corporate consulting
Industry Integration: 300+ live case studies and RBI-backed research projects annually
Placement Record: 100% placement with global recruiters and a 4 LPA average stipend for summer internships
FMS Delhi thus remains the #1 ROI-driven MBA choice for aspirants aiming for leadership roles in finance, consulting, and sustainability within Delhi’s ₹10 lakh crore economy.
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