All MBA Colleges in India 2022

Top MBA colleges in India with Low fees offer high RoI MBA programs. These Top B-schools in India offering affordable MBAs include FMS, JBIMS, SIMSREE, PUMBA, UBS, USMS, and SRM among others. They charge fees ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA program
All MBA Colleges in India 2022

All MBA Colleges in India 2022

Top MBA colleges in India with Low fees offer high RoI MBA programs. These Top B-schools in India offering affordable MBAs include FMS, JBIMS, SIMSREE, PUMBA, UBS, USMS, and SRM among others. They charge fees ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA program, as opposed to many of the more costly MBA universities, which charge fees ranging from Rs.18 lakhs to Rs.25 lakhs.

When it comes to Top MBA Colleges in India, then IIM Calcutta, IIM Ahmadabad, IIM Bangalore, and so on is the Best MBA   colleges in India according to NIRF Ranking, and other B-School surveys such as The Times and India Today. In this article, you can see the Top MBA colleges in India with Fees in 2022 which may range from INR 50,000 to 30 Lakhs per year.

The best MBA colleges in India provide Online MBA, Regular MBA, and Distance MBA  programs. There are more than 4736 top MBA colleges in India, with 710 being government MBA colleges in India and 3969 being the best private MBA colleges in India. 

People also ask – 

  1. What is the average fees of MBA in India?

Ans. The average fee for MBA in India is INR 10 lakh per annum. The fee for MBA in India will vary from college to college.

2. Does MBA have 100 percent placement?

Ans. Many MBA colleges give 100% placement opportunities. But, good packages are offered in the below-mentioned colleges.

3. Do MBA students get placements?

Ans. MBA placements season is on and top IIMs and other top B-schools such as IIFT, FMS, MDI, SPJIMR, IMI, JBIMS, SIBM, etc. have already concluded their final placement process for the outgoing batch (2020-22) with encouraging results.

MBA Colleges in India 2022

Check out the table below to get an overview of the MBA colleges in India:

No. of MBA colleges in IndiaApproximately 5,000 MBA colleges in India
Fees-Annual Fee < Rs 1 lakh: 30%
-Annual Fee Rs 1-2 lakh: 33%
Top SpecialisationsFinance, Sales and Marketing, HR, IT and Systems, Operations, International Business, Business Analytics
Admission Process- Entrance Based
- Merit-Based
No. of MBA colleges in India20 IIMs

MBA Colleges in India Eligibility Criteria

MBA course eligibility requirements may range from one college to the next. The core MBA qualifying criteria, on the other hand, are as follows:

  • As a baseline qualifying requirement for MBA, candidates must have completed a bachelor’s degree in any subject or equivalent from a recognized university (full-time).
  • Most institutes adhere to the minimum graduation score criterion of 50% aggregate or similar CGPA. The minimal score for reserved category students is 45 percent aggregate or comparable CGPA.
  • Final-year graduating applicants are also eligible to enroll for MBA, as long as they produce proof of graduation degree completion within the time frame given by the institute.

Top MBA Colleges in India with NIRF Ranking

NIRF ranks the finest MBA institutions in India and other universities based on a variety of criteria, including teaching, learning, and resources, research and professional practices, graduation results, outreach and diversity, and perception.

Check out the table below for a list of the top 10 MBA colleges in India as ranked by NIRF, along with:

Name of the CollegeNIRF 2021 Ranking
Indian Institute of Management, Ahmedabad1
Indian Institute of Management, Banglore2
Indian Institute of Management, Calcutta3
Indian Institute of Management, Kozhikode4
Indian Institute of Technology, Delhi5
Indian Institute of Management, Indore6
Indian Institute of Management, Lucknow7
Xavier Labour Relations Institute (XLRI)8
Indian Institute of Technology, Kharagpur9
Indian Institute of Technology, Bombay10

List of Top Private and Government MBA Colleges in India

Private MBA Colleges in India

Refer to the table below to know the private MBA colleges in India:

Name of the CollegeCourse Fee (in Rs)
XLRI20.95 lakh - 26 lakh
MDI, Gurgaon12.8 lakh - 23.58 lakh
SP Jain Institute of Management and Research (SPJIMR)17.5 lakh
Symbiosis Institute of Management (SIBM)14.42 lakh - 19.22 lakh
Great Lakes Institute of Management11.81 lakh - 15.91 lakh

Government MBA Colleges in India

Refer to the table below to know the government/public MBA colleges in India

Name of the CollegeCourse Fee (in Rs)
IIM Ahmedabad10 lakh - 23 lakh
IIM Bangalore14 lakh - 23 lakh
IIM Calcutta20 lakh - 24 lakh
IIM Lucknow5.5 lakh - 19.25 lakh
IIM Indore15.01 lakh - 26 lakh

Public-Private MBA Colleges in India

Refer to the table below to know the public-private MBA colleges in India

Name of the CollegeCourse Fee (in Rs)
National Institute of Bank Management10.38 lakh
Gautam Buddha University4.13 lakh to 6.76 lakh
NSHM Knowledge Campus4.13 lakh
National Institute of Construction Management and Research4.34 lakh to 10.56 lakh
Shri Ram Institute of Management38.2 K

The best MBA College in India is IIM Ahmedabad, which is ranked first by various ranking agencies. According to the NIRF rankings 2021, IMI New Delhi, DMS IIT Delhi, and JMI Delhi are among the best MBA   colleges in Delhi. The latest Financial Times Masters in Management (MiM) Rankings 2021 place IIM Ahmedabad, IIM Bangalore, and SPJIMR among the world’s top 50 institutes. IIM Ahmedabad is ranked 26th, SPJIMR is ranked 39th, and IIM Bangalore is ranked 47th.

Best MBA Colleges in India with Low Fees

S. No.CollegeScores AcceptedFlagship Program NameCourse/Tuition Fee (in Rs.)Average Salary Package (Rs. Lakh Per Annum)
1FMS, DelhiCATFull Time MBA20,96020.96
2Department of Financial Studies (DFS), DUCATMFC / MBE48,0009.2
3Delhi School of Economics, DUCATMBA (IB/HRD)3139213 to 14
4Tata Institute of Social Sciences (TISS), MumbaiTISSNETMBA in HRM and LR1,14,60020.06
5Pune University Department of Management Sciences (PUMBA)For Maharashtra candidates- MAH CET
Full-time MBAFor Maharashtra state candidates: 1.32 lakh
For all other state candidates: 1.33 lakh
6KJ Somaiya Institute of Management Studies and Research, MumbaiCAT / CMAT / GMAT / XATPGDM12,35,850- Tuition Fees10.05

MBA colleges in India with good placement and low fees

  1. Faculty of Management Studies, Delhi – Current tuition fee Rs 20,960

The price for a two-year full-time MBA program in FMS is governed by Delhi University, which was founded in 1954. (DU). This is one of the MBA institutions with fees under 5 lakhs. For the past two years, the price structure has been consistent at roughly Rs.10,000 each year, with the whole cost including meals and lodging not surpassing Rs.1 lakh. In 2019, FMS Delhi had an average income of Rs. 20.96 LPA and ranked first among the most cheap B-schools in India with a strong Return on Investment. FMS is one of the top MBA institutions in India with inexpensive tuition.

For admission to its MBA program, FMS considers CAT scores, with a cutoff of roughly 98.00+ percentile. Top recruiters at this Red Building of Dreams include EY Consulting, Accenture Strategy, Star India, ITC, IBM, Goldman Sachs, HSBC, ICICI Bank, RBL Bank, and Reliance, among others. The institute is part of one of the world’s greatest universities, the University of Delhi, which has some of the best teachers. FMS is regarded as one of the top MBA institutions in India with inexpensive tuition. FMS now offers a part-time MBA program for students with prior job experience.

  1. Department of Financial Studies (DFS), Delhi University (DU) – Current Fee Rs. 26,000

DFS provides two full-year MBA programs: MBA in Financial Management and MBA in Business Economics, with 32 and 82 seats available. In DFS, selection is based on CAT score. In 2019, the average placement salary was Rs. 9.2 LPA. Axis Bank, ICICI Bank, and American Express are among the top recruiters for DFS positions..

  1. Delhi School of Economics (DSE), Delhi University (DU) – Current Fee Rs. 36,000

DSE provides Masters of Business Administration (MBA) in International Business (IB) and Human Resource Development (HRD) in a Full-Time Two-Year Course for as little as Rs.18,000 a year. For admission into 146 seats, it accepts CAT scores. Each program has 75 seats (62+13) for MBA(IB) and MBA(HRD). For the 2019 cohort, the average placement for MBA programs was Rs.13 to 14 LPA.

  1. Tata Institute of Social Sciences (TISS), Mumbai – Current fees Rs. 1 Lakh

The Human Resources Management program at TISS Mumbai is well-known. Placements of up to Rs. 20.06 LPA average pay, location, fair course, and so on, resulting in hundreds of polished students every year. The TISSNET score is used to determine admission. The total cost of an MBA at TISS is around Rs. 2.38 lakh, which includes room and board.

  1. Department of Management Sciences (PUMBA), Pune University – Current fee Rs 1.3 lakh

For candidates from outside Maharashtra, the Pune University Department of Management Sciences (PUMBA) charges a slightly higher price (OMS). The price for Maharashtra applicants is Rs.66,194 for one year (2018-19 session), whereas the fee for All India candidates for the flagship two year MBA is Rs.66,694. Reserved applicants, such as SC/ST/OBC, pay Rs. 32,500 per year. The PUMBA qualifying test is also structured differently. For Maharashtra aspirants, the MAH CET test must be passed. Students from outside Maharashtra (OMS) can apply using the CAT/MAT/ATMA/XAT/MAH CET.

PUMBA, founded in 1971, is one of India’s earliest management institutes and a pioneer in its own right. The National Research Council just awarded the university the highest grade.

The National Council of Assessment and Accreditation just awarded the university the highest grade (Bangalore). The University is also designated as a University of Potential Excellence by the University Grants Commission (UGC). In 2019, the average placement salary was Rs. 7.06 LPA.

  1. KJ Somaiya Institute of Management Studies and Research, Mumbai – 12,35,850- Tuition Fees for PGDM Programme

The two-year MMS program is fairly affordable, costing only Rs.2.04 lakh. However, the Full-time MBA flagship programme at SIMSR, Mumbai is more expensive, costing roughly Rs.11 lakh. K J Somaiya has continuously been placed among India’s top 25 management institutes and top ten private sector B-schools. All programs at K J Somaiya have been authorized by AICTE, MHRD, the Government of India, and the University of Mumbai. The program has 121 places available, with half of them earmarked for Gujarati Linguistic Minority. The two-year full-time program with autonomy is divided into six trimesters. The average income at Placement 2019 was Rs. 10.05 LPA, with the maximum compensation being Rs.24 LPA. 

Below is a list of top MBA colleges in India with low fees but with a slightly higher fee to help students in arranging for the MBA Programme.

Top B-schools with fee below Rs. 10 lakh

S. No.CollegeScores AcceptedFlagship Program NameCourse/Tuition Fee (in Rs.)Average Salary Package (in Rs. Lakh Per Annum)
1Jamnalal Bajaj Institute of Management Studies, (JBIMS) MumbaiCAT/ XAT/ MAH CET/CMATFull time Masters in Management Studies (MMS)3 lakh18.91
2NITIE, MumbaiCATPGDIM/PGDISEM, Fellowship Program, PGDIE, PGDMM and PGDPM.7 lakh19.77
3DMS, IIT DelhiCATFull Time MBA8 lakh16.54
4DMS, IIT RoorkeeCAT2 years PGDM8.24 lakh9.18
5Shailesh J. Mehta School of Management, IIT BombayCAT2 Years Full-Time MBA/ MMS8.15 lakh25.8
  1. Jamuna Lal Bajaj Institute of Management Studies (JBIMS), Mumbai – Current fee Rs 6 lakh

In 2019, JBIMS abruptly changed its pricing structure. The new costs for the flagship MMS program would be Rs 3 lakh per annum beginning in 2019-20, up from Rs.1.02 lakh before. The fee for NRI students will be double that of the General category, i.e. Rs 12 lakh for the Two-Year MMS Flagship.

Despite a 300 percent price increase, the fee for the flagship MMS 2019-21 will be comparable to other top B-schools. JBIMS, Mumbai, has maintained its annual admission of 120 students and accepts MAH-CET, CAT, and now CMAT marks. Surprisingly, the core faculty only has eight regular members on its roster.

In 2019, the average compensation at JBIMS was Rs. 18.91 LPA, with the highest income being Rs 30 LPA. Accenture, McKinsey, Goldman Sachs, JP Morgan, ICICI Bank, Hindustan Unilever, and P&G are among the top recruiting firms at JBIMS.

  1. National Institute of Industrial Engineering, or NITIE, Mumbai – Current fee Rs.7 lakh

This government-sponsored university costs Rs. 7 lakh for two-year postgraduate programs in three specializations: industrial management, information technology management, and safety and environmental management. Students are admitted based on their performance on the Common Admission Test, or CAT. The selection approach is based on a 98 percentile or above cutoff, followed by a group discussion and a personal interview. NITIE, on the other hand, solely accepts graduate engineers into its MBA programs.

NITIE also provides one of the finest returns on investment, with the placement packages far outweighing the meager costs. In 2019, the school accepted 174 of the over 10,000 applicants, giving it a 1.7 percent acceptance rate. Among the top employers of NITIE alumni are Deloitte, Amazon, Coca-Cola, Flipkart, Nestle, Mars, and Marico.

Average placement salary recorded in 2019 was Rs. 19.77 LPA.

  1. Department of Management Studies (DMS) at IIT Delhi, Delhi – Current fees Rs. 8 lakh

MBA programs at IIT Delhi are equivalent to the top MBA programs available at world-class business institutions. A full-time two-year MBA/PGDM costs Rs.8 lakh. The CAT score is used to determine admission. The Department of Management at IIT Delhi was founded in 1997 and covers an area of 320 acres, including 13 dormitories. DMS IIT Delhi is recognized by the UGC, AICTE, and NBA. For the 2017-19 batch, the average placement compensation increased to Rs 16.54 LPA. American Express, Citi Bank, JP Morgan Chase, ICICI Bank, P&G, Johnson & Johnson, Infosys, ONGC, and others were among the top recruiters.

  1. Department of Management Studies, IIT Roorkee – Current fee Rs 8.24 lakh

DMS provides MBA specializations in Finance, Human Resource Management, Information Technology, Marketing, and Operations Management at IIT Roorkee. It is accredited by the AIC, AICTE, and NAAC. IIT Roorkee’s DMS accepts CAT scores for admission to its two-year flagship PGDM program. It is considered a public, independent institute. This signifies that the course provided by this institution is predominantly PGDM, and the course content is determined by the college itself within the regulatory authority’s standards. In 2019, the average wage package received by students during placements was Rs. 9.18 LPA. Top recruiters include P&G, Deloitte, EY, Cognizant, and McKinsey.

  1. Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay – Current fee Rs 8.30 lakh

IIT Bombay’s SJMSOM provides a full-time flagship Master of Management degree at Rs. 8.15 lakh. The CAT score is used to determine admission. The hostel costs are an extra Rs.20,000. In 2019, the average placement compensation at SJMSOM was Rs. 25.18 LPA, with top recruiters including Axis Bank, Accenture, Bisleri, Goldman Sachs, ICICI, Nestle, PwC, and many more.

Aside from these Central and private MBA institutions, there are other State colleges that provide low-cost Management programs. Here is a list of state colleges that offer MBA programs at reasonable prices.

Top University B-schools offering affordable MBA

S. No.CollegeScores AcceptedFlagship Program NameCourse/Tuition Fee (in Rs.)Average Salary Package (in Ra. Lakh per Annum)
1Institute of Management, BHU, VaranasiCATMBA, specialisation in Agri-Business and International Business also offered98,888/-6 to 7
2Indian Institute of Social Welfare and Business Management (IISWBM), KolkataCAT/MATMBA3.65 lakh4.5
3Institute of Business Management, Jadavpur UniversityCAT/MAT/XAT/ATMA/JEMATMBA3.1 lakh10
4Pune Institute of Business Management, PuneJEMAT/MATMBA7.95 lakh7
5Indian Institute of Forest Management (IIFM), BhopalCAT / XATMBA in Forest Management6.24 lakh6.97
  1. Institute of Management, Banaras Hindu University, Varanasi – Current fee Rs 98,888

IMS BHU offers a two-year Full-Time MBA, an MBA in Agri-Business, and an MBA in International Business for as little as Rs. 98,888. The Agri-Business charge is much cheaper — Rs. 61,534. A valid CAT score is necessary for admission to IMS BHU, followed by the institute’s own selection methods. Shortlisted candidates for admission to IMS BHU are invited to a group discussion depending on their CAT Entrance percentile. The B-school has 42 seats in total. Among the top recruiters are Adani Group, Amazon, Bandhan Bank, Berger Paints, Bosch Ltd, Coffee Day Group, ICICI Prudential, Infosys, State Bank of India, TCS, and Wipro. In 2019, the average wage package was Rs. 6 to 7 LPA.

  1. Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata – Current fee Rs 6 lakh

It was the first institute in India to provide an MBA degree, having been founded in 1953. AICTE has accredited IISWBM’s full-time two-year MBA program. Admission to IISWBM is determined on CAT / MAT scores. As of 2019, the average placement compensation is Rs. 4.5 LPA, with prominent recruiters including Adani Group, Airtel, Axis Bank, CITI Bank, Hindustan Unilever, HSBC, IBM, Infosys, ITC, KPMG, Novartis, PwC, TCS, Vodafone, and Wipro.

  1. Institute of Business Management, Jadavpur University – Current fee Rs 3.1 lakh

The Jadavpur University-affiliated Institute of Business Management was founded on March 11, 1905 by the century-old National Council of Education, Bengal. For MBA admission, the institute considers CAT/MAT/XAT/ATMA/WBJEMAT results, followed by GD-PI or JEMAT scores (through counselling). The current two-year course price is Rs. 3,10,025. Airtel, Bisleri, Capgemini, KPMG, PwC, Titan, and many more major corporations are among the main companies that attend placement sessions at IBM, Jadavpur University.

  1. Pune Institute of Business Management – Current fee Rs 4.5 lakh

Pune Institute of Business Managemen is a famous management education institute in Pune. The two-year AICTE-approved MBA program offered here costs Rs. 4.5 lakh and is associated with Savitribai Phule Pune University in Pune. Admission to PIBM Pune is through counselling based on the rank earned in the CAT/MAT/XAT/CMAT/ATMA/GMAT/Aptitude PIBM’s Test. A good number of firms visit the PIBM Pune campus for campus placement, including Amazon, Cognizant, Genpact, Globe Op, IBM, Indian Oil Corporation Ltd (IOCL), Infosys, Mahindra & Mahindra, NTPC, Wipro, Accenture, TCS, and others. The course has a total of 120 spots available. The typical placement salary in this city is roughly Rs. 6 LPA.

  1. Indian Institute of Forest Management (IIFM), Bhopal – Current fee Rs 4.80 lakh

The annual cost of a Graduate Certificate in Forest Management from IIFM, Bhopal is Rs. 2.4 lakh. Admission is based on CAT/XAT scores. At Rs. 18,000 per year, the hostel price is also pretty reasonable. IIFM Bhopal offers 120 places available for the MFM programme, with 57 reserved for the general category and the remaining for SC/ST students. Axis Bank, BAIF Development Research Foundation Pune, BILT, CARE, Crompton Greaves, Dr Reddys LaboratoriesLtd, Ernst & Young, WWF, Yes Bank, and many more prestigious firms use IIFM graduates, with the average pay in this B-school being Rs. 6.97 lakh.

MBA colleges fees less than 1 lakh

  • FMS New Delhi: Faculty of Management Studies
  • Delhi School of Economics (DSE)-Delhi University
  • University School of Management Studies (USMS) – Guru Gobind Singh Indraprastha University

Top MBA Colleges in India with Fees

This is an important factor that plays a role in the choice of students during admissions. Many students check the top MBA colleges in India with fees to understand and prepare for the admissions. The details of the top MBA colleges in India both private and public are given below.

Top Private MBA colleges with Fee

S. NoName of the collegeTotal Course Fee
1XLRI Xavier College of Management, JamshedpurRs 25.80 lakhs
2MDI GurgaonRs 18.51 lakhs
3SPJIMR, MumbaiRs 19 lakhs
4Great Lakes, ChennaiRs 15.86 lakhs
5TAPMI ManipalRs 16 lakhs

Top Public MBA Colleges with Fee

S.NoName of the collegeCourse fee to be paid
1Indian Institute of Management, AhmedabadRs 23 lakhs
2Indian Institute of Management, BangaloreRs 23 lakhs
3Indian Institute of Management, CalcuttaRs 23 lakhs
4Indian Institute of Management, LucknowRs 19 lakhs
5Faculty of Management Studies University of DelhiRs 20.96 lakhs

Top MBA Colleges in India – Cutoff 

Most aspirants search for the cutoff for top MBA colleges such that they can prepare and aim for the same. Most of the top MBA colleges in India accept CAT percentile scores for their MBA admissions. MBA aspirants generally aim for the IIMs and then other top MBA colleges in India. A list of the CAT cutoff for the top MBA colleges in India are given below.

Top IIMS with cutoff (expected)

Name of the IIM collegeExpected CAT cut-off in percentile
IIM Ahmedabad100-99
IIM Bangalore100-99
IIM Calcutta99
IIM Lucknow97-98
IIM Indore97-98
IIM Kozhikode97-98
IIM Amritsar95-96
IIM Nagpur95-96
IIM Sambalpur95-96
IIM Tiruchirappalli94-95
IIM Raipur94-95
IIM Ranchi94-95
IIM Kashipur94-95
IIM Vizag92-94
IIM Udaipur92-94
IIM Bodhgaya92-94
IIM Shillong90
IIM Sirmaur90

CAT Cutoff for Top MBA Colleges other than IIMs

List of B-schoolsExpected CAT Cutoff
Faculty of Management Studies, University of Delhi98.20 Percentile
DMS, IIT Delhi98+ Percentile
Loyola Institute of Business Administration (LIBA) Chennai90+ Percentile
SJMSOM, IIT Bombay99+ Percentile
Institute of Management Technology (IMT) Ghaziabad90+ Percentile
Management Development Institute (MDI) Gurgaon95+ Percentile
NITIE Mumbai95+ Percentile
SP Jain Institute of Management and Research (SPJIMR) Mumbai85+ Percentile
Xavier Institute of Management Bhubaneswar (XIMB)90+ Percentile
Department of Management Studies, IIT Madras95+ Percentile
T A Pai Management Institute (TAPMI) Manipal85+ Percentile

Best ROI colleges in India

Best IIM in India: top management colleges in India includes IIM Schools in India educate their students to develop holistically individuals to enable students to meet the challenges of business and increase productivity through real-world scenarios such as workshops, seminars as well as visits to industry, interaction with other students, etc.

The path to getting through to IIM schools in India is via the most well-known entrance exam for managers – the Common Admission Test (CAT) which is annually held during November and December. The IIM Selection Process and criteria differs between institutes. Most engineers choose to pursue MBA courses after graduation degree among other management institutes in the country. MBA colleges ranking in India

S.NoNameLocationYear of Est.NIRF 2021 RankNIRF 2020 RankCourses Offered
1IIM Bangalore (IIM B)Karnataka197322Post Graduate Programme (PGP)

Post Graduate Programme in Enterprise Management (PGPEM)

Post Graduate Programme in Public Policy & Management (PGPPM)

Executive Post Graduate Programme in Management
2IIM Ahmedabad (IIM A)Gujarat196111Post Graduate Programme in Management (PGP in Management)

Post Graduate Programme in Food & Agri-Business Management (PGP-FABM)

Post Graduate Programme in Management for Executives (PGPX)

Fellow Programme in Management (FPM)
3IIM Calcutta
West Bengal196133Post Graduate Diploma in Management (PGP-PGDM)

Post Graduate for Executives (PGPEX-VLM) - a program specifically meant for candidates with a bachelor’s degree in engineering

Post Graduate Programme for Executives (PGPEX)
4IIM Lucknow
Uttar Pradesh198474Post Graduate Programme in Management (PGP)

PGP in Agribusiness Management

International Programme in Management for Executives

PGP in Sustainable Management

Fellow Program in Management (FPM)

Working Managers’ Programme

Executive Fellow Program in Management (EFPM)
5IIM Indore (IIM I)Madhya Pradesh199667Post Graduate Programme in Management (PGP)

Five Year Integrated Programme in Management (IPM)

Fellow Programme in Management (FPM)

Post Graduate Programme in Human Resource Management (PGP-HRM)

Executive Post Graduate Programme in Management (EPGP)
6IIM KozhikodeKerala199646Post Graduate Programme (PGP)

Executive Post Graduate Programme - Kochi Campus

Executive Post Graduate Programme (EPGP)

Fellow Programme in Management (FPM)

Management Development Programme (MDP)

Faculty Development Programme (FDP)
7IIM UdaipurRajasthan20111817Post Graduate Programme (PGP)

Post Graduate Program in Management for Executives (PGPX)

Entrepreneurs Post Graduate Programme (PGP)

Fellow Program in Management MDP for Women
8IIM TrichyTamil Nadu20111715Postgraduate Programme in Management (PGPM)


Fellow Programme in Management (FPM)
9IIM RaipurChhatisgarh20101519Post Graduate Programme (PGP)

Executive Fellow Program in Management (EFPM)

Fellow Programmes in Management (FPM)

Post Graduate Programme for Working Executives (PGPWE)
10IIM RohtakHaryana20102821Post Graduate Programme in Management (PGP)

Fellow Programme in Management (FPM)

Management Development Programmes (MDPs) for Executives

MBA college rankings in India are based on a variety of data, including placement. It is critical for institutions to provide excellent placement opportunities to its students in order to maintain an adequate MBA college ranking.

Top business schools in India

CL' RankName of B-Schools
1Indian School of Business (ISB)
2Indian Institute of Management (IIM-A)
3Indian Institute of Management (IIM-C)
4Indian Institute of Management (IIM-B)
5Xavier Labor Research Institute (XLRI)

When we talk about top MBA colleges in India, generally, the IIMs come to our minds. However, with time, the scenario has changed and numerous other MBA colleges make it to the list of best colleges for MBA in india.2022.

Best college for MBA 

IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI  MDI Gurgaon to name a few in mba college ranking india

Tier 3 MBA colleges in India 

These are mostly big colleges and few companies paying high-paying jobs visit but you need to be the top performer in your college to grab that Colleges:

  1. Ramaiah Institute of Technology, Bengaluru
  2. TIET/Thapar University
  3. Manipal Main Campus
  4. VIT Vellore
  5. SRM Main Campus
  6. KIIT, Bhubaneswar
  7. Amity University

Few decent-paying companies will be visiting the campus but you need to be the top performer in your college to grab that Colleges:

  1. BMS College, Bangalore
  2. PES University, Bangalore
  3. USIT, Delhi
  4. MAIT, Delhi
  5. MSIT, Delhi
  6. Dayanand College of Engineering, Bangalore
  7. Heritage Institute of Technology, Kolkata
  8. IEM, Kolkata
  9. Techno India, Kolkata
  10. Jaypee, Noida
  11. Amrita University, Coimbatore
  12. Cummins College of Engineering for Women, Pune

IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI  MDI Gurgaon to name a few. Careers360 has released its rankings for the top MBA colleges in India 2022 and the list has the top three IIMs and a host of top B Schools of India which have made their mark. 

Top MBA Colleges in India – as per NIRF Ranking 

The ‘National Institutional Ranking Framework’ analyses the overall performance of all colleges in different streams and publishes the rankings every year. NIRF rankings for top MBA colleges in India for 2021 were released on September 9. 

Top 10 MBA colleges in India as per NIRF 2021

Name of the collegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34
IIT Delhi572.15
IIM Indore671.1
IIM Lucknow771.02
XLRI, Jamshedpur869.93
IIT Kharagpur969.5
SJMSOM, IIT Bombay1068.08

Top MBA Colleges in India – Placement Wise

The placement given by MBA institutions in India is one of the aspects considered by students. It is also a crucial consideration when evaluating admissions. The best MBA institutions in India have a high rate of placement. Students may also look at the top ten MBA institutions in India based on placement data. The specifics are listed in the table below.

Top MBA Colleges in India with placement statistics and top recruiter details

Name of the collegeMedian SalaryTop Recruiters coming to the college
Indian Institute of Management, BangaloreRs 28.60 LPA (Source: IIM Bangalore placement report)Urban Clap

Aditya Birla Group


JP Morgan

Asian paints

American Express
Indian Institute of Management, CalcuttaRs 27.67 LPA (Source: IIM Kolkata placement report)Dabur





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Indian Institute of Management, AhmedabadRs 25 LPA (source: IIM Ahmedabad placement report 2020)Airtel





Indian Institute of Management, LucknowRs 23.5 LPA (Source: IIM Lauknow placement report)Axis Bank





Indian Institute of Technology, Kharagpur17.12 LPA (Source: VGSOM Placement Report)UBS



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Morgan Stanley

Frequently Asked Questions:

  1. Which is the cheapest college for MBA in India?

Ans. Cheapest colleges to study MBA course in India – Placement

Name of the collegeAverage/Median Salary (in Rs.)
Delhi School of Economics, DU-
Tata Institute of Social Sciences (TISS), MumbaiRs. 4.80 lakhs
Pune University Department of Management Sciences (PUMBA)-
FMS BHURs. 7.20 lakhs

2. Which MBA college gives best placement in India?

Ans. Top MBA Colleges in India According to the Placements

#RankName of the CollegeHighest Salary
1IIM AhmedabadINR 39.81 Lakhs
2IIM BangaloreINR 01.00 Crore
3IIM CalcuttaINR 75.00 Lakhs
4FMS DelhiINR 20.10 Lakhs

3. Which type of MBA is best?

Ans. Top MBA Specialization in India 2022

  1. MBA in Marketing Management. 
  2. MBA in Financial Management.
  3. MBA in Human Resource Management. 
  4. MBA in International Business.
  5. MBA in Logistics Management. 
  6. MBA in Supply Chain Management. 
  7. MBA in Enterprise Management. 
  8. MBA in Artificial Intelligence.

4. Why IIM fees is so high?

Ans. IIM Ahmedabad charges high fees to maintain its cutting-edge facilities, top-notch infrastructure, high-end research facilities, it offers. They need to charge high to meet these costs. Also, IIMs are autonomous and they don’t receive much funding from the government.

5. Is CAT necessary for MBA?

Ans. No, CAT or CMAT exam is not compulsory for MBA. There are a host of other MBA entrance exams similar/equivalent to CAT like XAT. Several institutes have their own entrance exams like NMAT for NMIMS, TISS, SNAP for Symbiosis, IIFT, CET for Maharashtra institutes, MICA, etc.

6. Is job guaranteed after MBA?

Ans. While an MBA degree doesn’t guarantee success, it can give you a big leg up in your career. An MBA gives students an edge in getting lucrative roles in corporate. But this does not guarantee long term success. Survival is about adaptability, innovation and skills that are not taught or assessed in an MBA curriculum.

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