Best MBA Colleges in India

Master Master of Business Administration (MBA) is one of the most popular management courses pursued by graduate students in India. MBA courses in India are offered in a variety of specialisations at more than 5,000 MBA colleges (government and private). Amongst the many B-schools in India, a few institutes have been rated and ranked in the top MBA colleges in India on the basis of the quality of education they offer and other factors like faculty, placements, facilities and more. Candidates may find the list of top MBA colleges in India in the article below. Various other aspects related to the best MBA colleges in India like NIRF ranking, fee structure, course specialisations and placement data are also provided below for better understanding and reference.

Top MBA Colleges in India - Highlights

No. of MBA Colleges in India	5065 (MBA +PGDM)
Type of MBA Colleges	Public/Government and Private Colleges Private- 4170 Colleges Public/Government- 618 Colleges
MBA Colleges Approved by	UGC (University Grants Commission)
MBA Admission Process	Through entrance exams like CAT, XAT, GMAT, SNAP, NMAT, CMAT
Top Courses offered by MBA Colleges in India	MBA, Executive MBA, MBA in HR, MBA in Marketing MGMT, MBA in Finance & Accounting, MBA in Digital Marketing Management, to name a few
Average Fees	Rs 1 lakh to Rs 30 lakhs

Best MBA Colleges in India - Eligibility Criteria

In order to pursue a Master of Business Administration course from any of the best MBA colleges in India, candidates need to comply with certain academic requirements. Given below are the MBA eligibility criteria for admission to the top MBA colleges in India:

Candidates should have passed a graduate degree under the 10+2+3 or 10+2+4 pattern in any discipline from a recognised university. They should have secured at least 50% marks in aggregate in the qualifying degree.
Candidates with an honors degree under 10+2+4 pattern from a recognised university under UGC Act with at least 50% marks in aggregate.
Candidates who have passed a Bachelor/Master's degree through correspondence / Open University System from this university or from any other university recognised by law are also eligible.
Candidates in their final year of graduation are also eligible to apply provided they fulfil any of the above criteria during admissions.

Top MBA Colleges in India (Based on NIRF Ranking)

Conducted by the Ministry of Education, Government of India, the National Institute Ranking Framework uses various factors like courses offered at the institute, placements, teacher-student ratio, and others to rank the institutes. Given below is the NIRF ranking for the top 20 MBA colleges in India.

NIRF 2023 ranking list of MBA colleges in India

Rank	Name	Score
1	IIM Ahmedabad	83.20
2	IIM Bangalore	80.89
3	IIM Kozhikode	76.48
4	IIM IIM Calcutta	75.53
5	IIT Delhi	74.14
6	IIM Lucknow	74.11
7	IIM Mumbai (NITIE)	71.99
8	IIM Indore	71.95
9	XLRI Jamshedpur	70.75
10	IIT Bombay	68.11
11	IIM Raipur	66.18
12	IIM Rohtak	65.88
13	MDI Gurgaon	64.88
14	IIT Kharagpur	63.92
15	IIT Madras	62.83
16	IIM Udaipur	62.78
17	SIBM, Pune	62.74
18	IIT Roorkee	62.14
19	IIM Kashipur	61.07
20	SPJIMR	60.91

Top MBA Colleges in India (Based on Careers360 Ranking)

Every year, Careers360 ranks many management schools on various factors. The table below contains the list of the top 20 MBA colleges in India and their corresponding ranking by Careers360.

Careers360 ranking for Best MBA colleges in India

Name of MBA college	Careers360 Rank
Indian Institute of Management Ahmedabad	Rank 1 in Public/Government
Indian Institute of Management Bangalore	Rank 2 in Public/Government
Indian Institute of Management Calcutta	Rank 3 in Public/Government
FMS, University of Delhi	Rank 4 in Public/Government
Indian Institute of Management Indore	Rank 5 in Public/Government
Indian Institute of Management Kozhikode	Rank 6 in Public/Government
Xavier School of Management Jamshedpur	Rank 1 in Private
Indian Institute of Management Lucknow	Rank 7 in Public/Government
Department of Management Studies IIT Delhi	Rank 8 in Public/Government
Management Development Institute, Gurgaon	Rank 2 in Private
National Institute of Industrial Engineering, Mumbai	Rank 9 in Public/Government
SJMSOM, IIT Bombay	Rank 10 in Public/Government
VGSOM, IIT Kharagpur	Rank 11 in Public/Government
Indian Institute of Management Tiruchirappalli	Rank 12 in Public/Government
Indian Institute of Management Raipur	Rank 13 in Public/Government
Indian Institute of Management Udaipur	Rank 14 in Public/Government
Indian Institute of Management Rohtak	Rank 15 in Public/Government
SPJIMR, Mumbai	Rank 3 in Private
Indian Institute of Technology Roorkee	Rank 16 in Public/Government
Indian Institute of Management Ranchi	Rank 17 in Public/Government

Admission Process for MBA Colleges in India

MBA admissions in India ask for certain criteria to be fulfilled in terms of academics, nationality, age and more. In addition, if the MBA selection process is on the basis of MBA entrance exam scores and GD and PI, candidates will need to qualify for all the stages to avail of admissions. Most MBA colleges in India accept scores of national-level entrance examinations like CAT, XAT, SNAP, MAT, NMAT, and ATMA, to name a few. Candidates must make a list before applying for admission to MBA colleges in India as the process may vary from institute to institute.

Top MBA Colleges in India (Placement-wise)

Placement is one factor that students look at before why the majority of candidates pursue MBA courses in India. Thus, knowing the placement records for MBA colleges in India is a must before applying for MBA admissions. Candidates may find the placements for the best MBA colleges in India in the table below.

Placement Report for the top MBA Colleges in India

Name of the Institutes	Course	Placement Data
IIM Bangalore	MBA	Median Salary - Rs 28 lakh
IIM Ahmedabad - Indian Institute of Management	MBA	Median Salary - 25 Lakhs
FMS BHU - Institute of Management Studies Banaras Hindu University	MBA	Rs 7.2 lakh
UBS Chandigarh - University Business School Panjab University	MBA	Rs 12 lakh
JMI New Delhi - Jamia Millia Islamia	Executive MBA Part Time	54% Median Salary - Rs 5.3 lakh
School of Business, University of Petroleum and Energy Studies, Dehradun	MBA	Median Salary - Rs 5 lakh
Christ University, Bangalore	MBA	Median Salary - Rs 10 Lakhs

Top MBA Colleges in India (Fees-wise)

Due to financial restraints, the majority of candidates willing to pursue an MBA in India first wish to know the fee payable for such a course. Thus, the table below contains various MBA courses offered by the top MBA colleges in India and their corresponding fees.

Course Fee at Best MBA Colleges in India

Name of the Institute	Course	Fees
FMS Delhi - Faculty of Management Studies University of Delhi	Executive MBA	Rs 1 lakh
	Executive MBA Healthcare Administration	Rs 1 lakh
	MBA	Rs 20,960
IIM Bangalore - Indian Institute of Management	MBA	Rs 23 lakh
	MBA Business Analytics	Rs 23 lakh
	MBA One Year	Rs 25.80 lakh
	MBA Weekend	Rs 18.5 lakh
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University	MBA Pharma Biotechnology	RS 1.32 lakh
	MBA	Rs 1.29 lakh
IIM Ahmedabad - Indian Institute of Management	Executive MBA	Rs 28 lakh
	MBA	Rs 23 lakh
	MBA Food and Agribusiness Management	Rs 22.50 lakh
FMS BHU - Institute of Management Studies Banaras Hindu University	MBA	Rs 98,910
	MBA International Business	Rs 98,910
	MBA Agribusiness	Rs 61,530
MSU Baroda - Maharaja Sayajirao University of Baroda	MBA at Faculty of Management Studies	Rs 37,200
	MBA	Rs 29,000
	MBA Evening	Rs 1.78 lakh
	MBA Part Time	Rs 1.81 lakh
UBS Chandigarh - University Business School Panjab University	MBA	Rs 38.42 lakh
	MBA Human Resource	Rs 38.42 lakh
	MBA International Business	Rs 38.42 lakh
	Executive MBA	Rs 1.93 lakh
	MBA Entrepreneurship	Rs 2.05 lakh
UPES School of Business, Dehradun	MBA Operations Management	Rs 14.20 lakh
UPES School of Business, Dehradun	MBA Business Analytics Energy Analytics	Rs 14.20 lakh
Christ University	MBA	Rs 7.75 lakh
	Executive MBA	Rs 3.58 lakh
	MBA Finance Management	Rs 7.60 lakh
	MBA International Business	Rs 7.88 lakh
	MBA Leadership and Management	Rs 4.25 lakh
	MBA Tourism Management	Rs 3.42 lakh

Top Private MBA Colleges in India

Private institutes have their own perks which attract a lot of candidates. There are a total of 6738 MBA colleges in India under private ownership. Private MBA colleges in India offer a variety of specialisations and other additional aspects like field exposure and others.

Top Private MBA Colleges in India

S. No.	Name of the Institute
1	School of Business, University of Petroleum and Energy Studies, Dehradun
2	XLRI Jamshedpur - XLRI-Xavier School of Management
3	SPJIMR, Mumbai
4	Christ University, Bangalore
5	VIT Business School, Vellore
6	School of Business Management SVKM's Narsee Monjee Institute of Management Studies, Mumbai
7	SCMHRD Pune - Symbiosis Centre for Management and Human Resource Development
8	School of Management, Dr DY Patil University, Navi Mumbai
9	IBS Hyderabad - IBS Business School
10	AIMS Institutes, Bangalore

List of Government MBA Colleges in India

Most of the candidates wish to pursue MBA from top MBA colleges in India run by the government. Some of the institutes from the List of government MBA colleges in India have been provided below for candidates to opt from accordingly as per their preference.

S. No	Name of the Institute
1	FMS Delhi - Faculty of Management Studies University of Delhi
2	JBIMS Mumbai - Jamnalal Bajaj Institute of Management Studies
3	IIM Bangalore - Indian Institute of Management
4	PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University
5	IIM Ahmedabad - Indian Institute of Management
6	FMS BHU - Institute of Management Studies Banaras Hindu University
7	MSU Baroda - Maharaja Sayajirao University of Baroda
8	UBS Chandigarh - University Business School Panjab University
9	IGNOU Delhi - Indira Gandhi National Open University
10	JMI New Delhi - Jamia Millia Islamia

Top MBA Colleges in India - Entrance Exams

As already mentioned, various entrance exams are conducted at national as well as state/ institute levels for MBA admissions in India. The table below are certain MBA entrance examinations conducted for admission to MBA colleges in India.

MBA Entrance Exams in India

Name of the MBA Exam	Description
CAT	Common Admission Test is a national-level entrance exam conducted by the Indian Institutes of Management in online mode for admissions to MBA/PGDM courses.
NMAT by GMAC	Graduate Management Admission Council (GMAC) conducts another national-level exam called the NMAT entrance exam for admissions to MBA courses
XAT	Xavier Labour Relations Institute (XLRI) Jamshedpur conducts Xavier Aptitude Test as a national-level exam for MBA admissions to B-Schools.
MAT	All India Management Association (AIMA) conducts Management Aptitude Test for B-School admissions.
GMAT	Graduate Management Admission Council conducts Graduate Management Admission Test (GMAT) for admissions to MBA and PGDM courses.

Top MBA Colleges in India - Branch-wise

The table below depicts MBA courses offered by various MBA colleges in India along with their specific specialisations. This helps candidates choose the right MBA specialisation based on their interests.

MBA Specialisations offered by MBA Colleges in India

Name of the Institute	Course
FMS Delhi - Faculty of Management Studies University of Delhi	Executive MBA
	Executive MBA Healthcare Administration
	MBA
IIM Bangalore - Indian Institute of Management	MBA
	MBA Business Analytics
	MBA One Year
	MBA Weekend
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University	MBA Pharma Biotechnology
	Executive MBA
	MBA
IIM Ahmedabad - Indian Institute of Management	Executive MBA
	MBA
	MBA Food and Agribusiness Management
FMS BHU - Institute of Management Studies Banaras Hindu University	MBA
	MBA International Business
	MBA Agribusiness
MSU Baroda - Maharaja Sayajirao University of Baroda	MBA at Faculty of Management Studies
	MBA
	MBA Evening
	MBA Part Time
UBS Chandigarh - University Business School Panjab University	MBA
	MBA Human Resource
	MBA International Business
	Executive MBA
	MBA Entrepreneurship
UPES School of Business, Dehradun	MBA Finance Management
	MBA Human Resource
	MBA Logistics and Supply Chain Management
	MBA Marketing Management
	MBA Operations Management
	MBA Aviation Management Airline Service Operations
	MBA Aviation Management Aviation Enterprise Management
	MBA Business Analytics Data Mining
	MBA Business Analytics Energy Analytics
Christ University	MBA
	Executive MBA
	MBA Finance Management
	MBA International Business
	MBA Leadership and Management
	MBA Tourism Management

Frequently Asked Questions (FAQs)

Q: Which college is best for MBA in India?

A: Based on NIRF 2021 ranking, IIM Ahmedabad is the best MBA college in India. NIRF is a national-level ranking system and hence is the most reliable aspect to decide the quality of education and course at any institute.

Q: How many MBA colleges are there in India?

A: According to the list of MBA colleges in India, there are total 8110 MBA colleges in India that offer MBA courses all around the country.

Q: Which is the most affordable MBA college?

A: MBA is one of the most expensive courses for higher studies. However, the government MBA colleges in India are comparatively affordable.

Q: Can I get admission to an MBA college without CAT?

A: Yes, there are various MBA colleges that offer admission to MBA courses in India either on merit or on the basis of scores obtained in other entrance exams as well apart from CAT.

Q: Which college in India has the best MBA placements?

A: Based on the current placement data, IIM Bangalore students get a higher placement package as compared to the others.

Q: What are some popular MBA specialisations in India?

A: Some of the most popular MBA specialisations are Executive MBA, MBA in HR, MBA Business Analytics, and many others.