Top MBA Colleges in India

India has the third largest higher education systems, first and second largest education systems, respectively, are China and United States of America. Across the world, Masters of Business Administration (MBA) is the most popular master’s degree. With the popularity of MBA, there are a lot of top MBA college in India that provides quality education in Management. These colleges provide full-time, part-time and online education to Indian and abroad students. The best management Institutes in India for Masters of Business Administration (MBA) are:

• Indian Institute of Management (IIM)
• Faculty of Management Studies (FMS)
• Xavier School of Management (XLRI)

Management Colleges

This list of management colleges in India consists of Institutes that offer the Masters of Business Administration (MBA) program. The list of top MBA colleges in India consists of various Indian Institute of Management (IIM), public Institutes, private Institutes, state and central government colleges that provide management education all across the country.

Criteria for Rating the Institutes

The management colleges in India are rated after extensive research and study. Many criteria are considered in before rating these colleges. This is done on the basis of national importance, academic achievements, infrastructure, faculty, approvals and affiliations for the Institutions, student and alumni reviews etc.

Admissions to these Institutes

The admission process for these Institutes usually consists of a state or national entrance examinations. Also, few Institutes conduct their own entrance examination for admissions. Whereas, other Institutions accept the previous academic performances in their Bachelor’s program as a criterion for admissions.

Common Admission Test (CAT), Management Aptitude Test (MAT), and Xavier Aptitude Test (XAT) are the most popular national level entrance examinations in India. Unlike, CAT and MAT which are conducted by Boards, XAT is conducted by an Institute called Xavier Labour Relations Institute (XLRI). These are national level entrance examinations conducted for the admissions of aspiring candidates into MBA and allied programs.

The Top MBA Colleges in India

1. Indian Institute of Management [IIM], Ahmedabad
• IIM Ahmedabad is a public Institute
• It is approved by AICTE
• This Institute was established in 1961
• The entrance exam for this IIM-A is CAT exam
• This Institution is accredited by European Quality Improvement System [EQUIS]
• The available specializations are Marketing, Finance and Accounting, Organizational Behaviour and Human Resource

2. Indian Institute of Management [IIM], Calcutta
• IIM Calcutta is a public Institute
• It is the first Institute to be triple accredited by AACSB, AMBA and EQUIS
• It was established in 1961
• The entrance exam for this IIM-C is CAT exam

3. Faculty of Management Studies [FMS], Delhi
• FMS is a public Institute
• It is an AICTE approved Institute
• It is affiliated with University of Delhi (DU)
• This Institute was established in 1954
• The entrance exam for this Institute is CAT exam

4. Xaviers School of Management [XLRI], Jamshedpur
• XLRI is a private Institute
• This Institute is approved by AICTE
• It is also affiliated with Society of Jesus
• This XAT is a national level entrance exam conducted by XLRI
• This Institute was established in 1949

5. Management Development Institute [MDI], Gurgaon
• MDI is a private Institute
• It is a UGC, AICTE, NBA approved Institute
• It is accredited by South Asian Quality Standards (SAQS) and Associate of MBA (AMBA)
• This Institute was established in 1973
• This institute accepts CAT entrance exam scores for admission

6. Indian Institute of Management [IIM], Lucknow
• IIM-Lucknow is a public Institute
• It is a UGC approved Institute
• This Institute was established in 1984
• This institute accepts CAT, GMAT, XAT, GATE entrance exam scores for admission

7. International Management Institute [IMI], New Delhi
• IMI is a private Institute
• It is an AICTE approved Institute
• This Institute was established in 1981
• This institute accepts CAT, GMAT entrance exam scores for admission
• It is accredited by Association of MBA (AMBA)

8. Indian Institute of Foreign Trade [IIFT], Delhi
• It is a public Institute
• It is NAAC approved Institute
• This Institute was established in 1963
• This institute accepts GMAT entrance exam scores for admission

9. Indian Institute of Management [IIM], Kozhikode
• This is a private Institute
• It is accredited by Association of MBA (AMBA)
• This institute accepts EMAT entrance exam scores for admission
• It pioneers the Interactive Distance Learning (IDL)

10. Indian Institute of Management [IIM], Indore
• IIM Indore is a public Institute
• This recognised by Associate of Indian Universities (AIU)
• It is also approved by Association of MBA (AMBA)
• It was established in 1996
• IIM Indore accepts and conducts Integrated Program in Management Aptitude Test (IPMAT) entrance exam.

Rank

College Name

Affiliation

Year of Establishment

11

Indian Institute of Science [IIS], Bangalore

Autonomous

1909

12

NMIMS University School of Business Management, Mumbai

Private University

1981

13

National Institute of Industrial Engineering [NITIE], Mumbai

Autonomous

1963

14

Symbiosis Institute of Business Management [SIBM], Pune

Symbiosis International University

1978

15

Xavier Institute of Management [XIM], Bhubaneshwar

Autonomous

1987

16

Department of Management Studies [DMS], IIT Delhi, New Delhi

Autonomous

1961

17

Institute of Management Studies [IMS], Ghaziabad

UPTU

1990

18

Institute of Management Technology [IMT], Ghaziabad

Private University

1980

19

Indian Institute of Technology [IIT], Roorkee

Autonomous

1847

20

Jamnalal Bajaj Institute of Management Studies [JBIMS], Mumbai

University of Mumbai

1965

Career after Master of Business Administration [MBA]

Most of the MBA colleges in India have campus interviews and career placements by big companies. These opportunities are usually available for final year students. After their Master’s degree in Business Administration graduates can expect jobs according to their electives. Usually, MBA students have found jobs in Banking & Finance, Information System Management, Investment Banking, Management Consulting, Private Equity, Data Analytics, Entrepreneurship. Depending on the graduating college and placements, merit students can expect to make 15 lakhs to 18 lakhs per annum. Students interested in higher education can continue their education.

 

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