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Top 25 MBA Colleges in India
Top 25 MBA Colleges in India

Best 25 MBA Colleges in India

Hey, are looking for the Best 25 MBA colleges in India? If that’s the case, you have arrived at the right place. We here at FormFees have compiled a comprehensive article on the Best 25 MBA colleges in India for you. Let us see what all the following articles shall cover. While thinking of pursuing […]

 Saurav Anand
 Saurav Anand 19/05/2023
19/05/2023
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

Hey, are looking for the Best 25 MBA colleges in India? If that’s the case, you have arrived at the right place. We here at FormFees have compiled a comprehensive article on the Best 25 MBA colleges in India for you.

Let us see what all the following articles shall cover.

While thinking of pursuing an MBA course, young aspirants often wish to look for the top MBA colleges to have a successful MBA career. This is the case most of the time.  Best MBA colleges can provide you with unmatched exposure and great facilities than the rest of the MBA colleges put together. So, students then look for the Top MBA colleges in India such as the Best 25 MBA colleges in India to pursue an MBA course.

So, first, we shall discuss what makes the Best MBA colleges stand out. This is of vital importance as it will give you various categories to evaluate the Top MBA colleges of your choice. Then this article shall vitally discuss are present the list of Best 25 MBA colleges in India. Some of the colleges mentioned here are as follows:

Mumbai is among the top most destination to pursue an MBA in India. This is due to a variety of reasons. One of these is, that Mumbai is the financial capital of India, so there are multiple MNCs that have their offices located at Mumbai. This opens an ocean of opportunities for MBA graduates studying their courses in Mumbai itself. Hence the article provides a list of the Top 25 MBA colleges in Mumbai as well. Some of the mentioned colleges you shall find here are:

While looking for the top MBA colleges in India, one cannot rule out the Best MBA colleges in India Private in them. There are many private MBA colleges in India that are on the list of Top MBA colleges in the country. Some of the private institutions have made a reputable name for them as far as the MBA course is concerned.  So many of these Private MBA colleges have fierce competition to get into them. A list of Best MBA colleges in India Private is thus presented in the article as well. Some of these colleges are:

Note: The list mentioning the Best MBA colleges in India Private shall also brief you about the entrance exam these colleges accept along with the total course fee of their MBA course.

The article also mentions the most commonly searched top 25 MBA colleges in the world as well. As MBA is universally the most sought-after course, there are many top institutions worldwide that offer it on their campuses or online as well. Some of the names you shall in the list of top 25 MBA colleges in the world are as follows:

  • McMaster University, Canada
  • INSEAD - Europe Campus, France
  • National University of Singapore, Singapore

The fee structure is one of the most concerning aspects of an MBA course because the MBA degrees can be expensive, especially if pursued from the Top MBA colleges in India. It is better to know and have a comparison of the top 10 MBA colleges in India with the fee structures for better planning your higher education any further. The article below provides the top 10 MBA colleges in India with a fee structure list for this purpose. Some of the colleges along with their fee presented in this list are as follows:

An MBA course delves into the idea of the best placement an MBA college can provide. This is the factor that attracts many students to top MBA colleges because they guarantee a very good placement opportunity for their students. The following article provides the list of top MBA colleges in India placement-wise as well. Some of the colleges and placement packages you shall find below are:

You shall also find the individual list of the top 50 MBA colleges in India and the top 20 MBA colleges as well. These lists are prepared by NIRF, a government regulatory framework for higher education in the country.

The article will then go on to give you general information about an MBA course and all the pertinent information you require to be admitted to one of the Best 25 MBA colleges in India. such as the qualifications, admissions procedures, different MBA entrance exams, and so forth.

The scope of an MBA job, salary, top recruiters, and other topics are covered in the article that follows.

By the time you read this article's conclusion, we hope to have dispelled all of your doubts about enrolling in an MBA degree course and strengthened your resolve to get into one of the Best 25 MBA colleges in India. Please contact Formfees if you continue to have questions, and one of our consulting executives will get in touch with you.

People Also Ask:-

Q. What are the top 5 MBA colleges in India?

Ans. The top 5 MBA colleges in India are:

Q.  What are the top 5 MBA colleges placement-wise?

Ans. The top 5 MBA colleges placement-wise are as follows:

Best 25 MBA Colleges in India

Here is the list of the Best 25 MBA colleges in India. Kindly go through the list comprehensively and choose the colleges that fit your ambition the best smartly. Among the many factors you can choose to evaluate the best college for you is the placement the following Top MBA colleges offer, their location, fee structure, job market reputation, etc.

Top 25 MBA Colleges in Mumbai

Here is a list of the Top 25 MBA colleges in Mumbai. Please carefully review the list before selecting the colleges that best match your goals. The placement offered by the following Top MBA colleges, as well as their location, cost structure, reputation in the job market, and other factors, can all be used to determine the best college for you.

S. No.MBA Colleges In MumbaiFee structure (approx.)
1.National Institute of Industrial Engineering - NITIE MumbaiRs. 12.6 Lakhs
2. Jamnalal Bajaj Institute of Management Studies - JBIMSRs. 6 Lakhs
3. Shailesh J. Mehta School of Management - SJMSoM-IIT BombayRs. 14 Lakhs
4.SP Jain Institute of Management & Research - SPJIMRRs. 20.05 Lakhs
5.SIMSREE, MumbaiRs. 3 Lakhs
6.Narsee Monjee Institute of Management Studies - NMIMSRs. 23 Lakhs
7.K.J Somaiya Institute of ManagementRs. 3.2 Lakhs
8.Xavier Institute of Management and Research - XIMR MumbaiRs. 5.5 Lakhs
9.N.L. Dalmia Institute of Management studies and ResearchRs. 12.5 Lakhs
10.Welingkar MumbaiRs. 14 Lakhs
11.SIES, MumbaiRs. 11.90 Lakhs
12.ITM, Navi MumbaiRs. 11.95 Lakhs
13.Tata Institute of Social Sciences - TISSRs. 1.9 Lakhs
14.Atharva Institute of Management Studies - AIMSRs. 4 Lakhs (1st year)
15.ATLAS SkillTech University MumbaiRs. 10.45 Lakhs
16.MET MumbaiRs. 9.88 Lakhs
17.IES Management College And Research Centre, MumbaiRs. 9.17 Lakhs
18.IBS Mumbai: ICFAI Business schoolRs. 9.10 Lakhs
19.Aditya School of Busines ManagementRs. 7. 76 Lakhs
20.Chetana’s Institute of Management and ResearchRs. 7.70 lakhs
21.Amity University MumbaiRs. 10 lakhs
22.Durgadevi Saraf Global Business School - DSGSRs. 7.25 Lakhs
23.Guru Nanak Institute of Management StudiesRs. 6.98 Lakhs
24.Bharti Vidyapeeth’s Institute of Management Studies & ResearchRs. 3.44 Lakhs
25.Lala Lajpatrai Institute of ManagementRs. 3.27 Lakhs

Best MBA Colleges in India Private

The top MBA colleges in India Private institutions are comparable to the best MBA colleges in India. It is worthwhile for a candidate to pursue an MBA from one of the Best private MBA colleges in India because these institutions have a good reputation.

Similar to how it is for the Top Private MBA Colleges in India, there is fierce competition. As a result, many students with real aptitude fail the test. Many applicants choose to pursue their degree from the Best Private MBA colleges in India rather than skipping a year.

These colleges offer equally strong placement programs, respectable faculty access, and first-rate facilities for infrastructure.

Have a look below for a list of the Best MBA colleges in India Private and their average fees:

Name of the CollegeEntrance ExaminationTotal Course Fees (Approx.)
Narsee Monjee Institute of Management Studies (NMIMS)NMAT by GMACRs. 5,50,000 - Rs. 9,25,000
Xavier School of Management (XLRI)XAT, GMATRs. 8,50,000 - Rs. 20,00,000
S.P. Jain Institute of Management & Research (SPJIMR)CAT, XAT, GMATRs. 7,50,000 - Rs. 19,60,000
Management Development Institute (MDI)CAT, GMAT, MDI TestRs. 9,73,000-Rs.25,00,000
Institute of Rural Management (IRMA)IRMA, MAT, CAT, ATMARs. 10,10,000 - Rs. 11,60,000
FORE School of ManagementGMAT, XAT, CATRs. 13,00,000 - Rs. 14,98,000
Goa Institute of ManagementCAT, XAT, GMATRs. 11,96,000 - Rs. 15,98,000
Great Lakes Institute of ManagementCAT, GMAT, CMAT, XATRs. 16,65,000 - Rs. 18,94,000
Loyola Institute of Business Administration (LIBA)CAT, XATRs. 6,01,000 - Rs. 12,70,970
Symbiosis Institute of Management Studies (SIMS)SNAPRs. 4,06,000 - Rs. 13,97,050
ITM Business SchoolCATRs. 8,00,000 - Rs. 10,25,000
PSG Institute of ManagementMAT, CAT, TANCETRs. 8,00,000 (approx.)
Institute of Management Technology (IMT)CATRs. 6,00,000 - Rs. 17,50,000
International Management Institute (IMI)XAT, CAT, GMATRs.11,00,000 - Rs. 16,49,000
Indian School of Business (ISB)GMAT, GRERs. 30,41,000 - Rs. 47,55,000
T.A. Pai Management Institute (TAPMI)CAT, XAT, GMAT, MATRs.16,90,000
Welingkar Institute of Management Development and ResearchCAT,XAT, ATMA, CMAT, GMATRs. 11,00,000
Symbiosis Institute of Business ManagementSNAPRs. 6,10,000 - Rs. 17,06,000
Lal Bahadur Shastri Institute of ManagementCATRs. 3,25,000 - Rs. 10,89,200
Jagan Institute of Management StudiesCAT, CMAT, XAT, MATRs. 7,15,000

Top 25 MBA Colleges in World

Here is a list of the Top 25 MBA colleges in World. Please carefully review the list before selecting the colleges that best match your goals. The placement offered by the following Top MBA colleges, as well as their location, cost structure, reputation in the job market, and other factors such as country culture, diversity rate, etc, can all be used to determine the best college for you.

Name of the InstituteCountry
University of VictoriaCanada
Memorial University of NewfoundlandCanada
University of New BrunswickCanada
Laval UniversityCanada
McMaster UniversityCanada
HEC ParisFrance
INSEAD - Europe CampusFrance
EMLYON Business SchoolFrance
ESSEC Business SchoolFrance
EDHEC Business SchoolFrance
Nanyang Technological UniversitySingapore
National University of SingaporeSingapore
Singapore University of Technology and DesignSingapore
Singapore Management UniversitySingapore
James Cook UniversitySingapore
Johannes Gutenberg UniversityGermany
University of BayreuthGermany
Ludwig Maximilians University MunichGermany
Esslingen University of Applied SciencesGermany
Offenburg University of Applied SciencesGermany
BI Norwegian Business SchoolNorway
NHH - Norwegian School of EconomicsNorway
The Norwegian University of Science and TechnologyNorway
University of OsloNorway
University of AgderNorway
University College DublinIreland
Trinity College DublinIreland
University College CorkIreland
University of LimerickIreland
Dublin City UniversityIreland
University of AmsterdamNetherlands
Maastricht UniversityNetherlands
Erasmus University RotterdamNetherlands
Nyenrode Business UniversityNetherlands
Hanze University of Applied SciencesNetherlands

Top 10 MBA Colleges in India with Fee Structure

You can get an idea of the costs associated with pursuing an MBA college in India by learning about the fee structures of the Top 10 MBA colleges in India. It will aid you in making the appropriate financial plans. Students who are pursuing an MBA also search for top MBA colleges in India because these institutions provide the highest quality MBA colleges in the nation.

The table below lists the top 10 MBA colleges in India along with the total cost of attendance:

Name of the CollegeFees Structure 
Indian Institute of Management, (IIM) AhmedabadINR 24.61 lakh
Indian Institute of Management, (IIM) BangaloreINR 24.50 lakh
Indian Institute of Technology, (IIT) DelhiINR 10.40 lakh
Indian Institute of Management, (IIM) KozhikodeINR 20.50 lakh
Indian Institute of Management, (IIM) LucknowINR 12.60 lakh
XLRIINR 27.40 lakh
National Institute of Industrial Engineering, (NITIE) MumbaiINR 11.33 lakh
Indian Institute of Technology, (IIT) MadrasINR 9.14 lakh
IIM IndoreINR 16.20 lakh

Top MBA Colleges in India Placement-wise

The placement a college offers is of utmost significance for an MBA course. Before enrolling in any MBA college in India, applicants are advised to review the college placement statistics. You will undoubtedly receive excellent placement offers during the campus placement at the top MBA colleges. So, here is a list of the top 20 MBA colleges in India ranked by placement. Look at this:

The top MBA colleges in India placement-wise are listed below. Look at this:

Name of the collegeAverage Salary
IIM IndoreRs. 30.21 LPA
IIFT Delhi & KolkataRs. 29.10 LPA
MDI GurgaonRs. 27.67 LPA
IIM TiruchirappalliRs. 20.55 LPA
IIM BangaloreRs. 35.31 LPA
XLRI JamshedpurRs. 32.70 LPA
IIM LucknowRs. 32.20 LPA
IIM KozhikodeRs. 31.02 LPA
TISS MumbaiRs. 27.22 LPA
IIM ShillongRs. 26.96 LPA
BITSoM MumbaiRs. 23.85 LPA
SCMHRD PuneRs. 23.83 LPA
IIM RaipurRs. 21.04 LPA
SJMSoM IIT BombayRs. 28.88 LPA
IIM CalcuttaRs. 35.07 LPA
FMS DelhiRs. 34.10 LPA
ISB HyderabadRs. 34.21 LPA
Masters Union, GurugramRs. 33.10 LPA
SPJIMR MumbaiRs. 33.02 LPA
IIT KanpurRs. 10.97 LPA

Top 50 MBA Colleges in India NIRF Rank

The National Institutional Ranking Framework is known as NIRF. It is a system for evaluating and upholding the nation's high standards for higher education. The HRD ministry has approved the NIRF, a government initiative. As a result, when comparing higher education institutions in India, the NIRF ranking model is among the most trustworthy.

Ranking options provided by the NIRF include those based on states, cities, and courses. The Top 50 MBA colleges in India have been ranked as a result, according to NIRF. The following is the NIRF rank as of 2022.

The top 50 MBA colleges in India according to the NIRF ranking will be made public by the end of July 2023.

Name of the InstituteNIRF Rankings 2022
IIM Ahmedabad1
IIM Bangalore2
IIM Calcutta3
IIT Delhi4
IIM Kozhikode5
IIM Lucknow6
IIM Indore7
XLRI Jamshedpur8
NITIE Mumbai9
IIT Madras 10
IIT Bombay 11
IIT Kharagpur12
MDI Gurgaon13
IIM Raipur 14
IIM Ranchi15
IIM Rohtak 16
SIBM Pune 17
IIM Trichy 18
IIT Roorkee 19
IIT Kanpur20
SPJIMR Mumbai21
IIM Udaipur 22
IIM Kashipur 23
IIFT Delhi 24
NMIMS Mumbai 25
IIM Shillong 26
Amrita Vishwa Vidyapeetham27
Amity University Noida28
Jamia Milia Islamia29
IMI Delhi30
GLIM Chennai 31
ICFAI Hyderabad 32
IIM Visakhapatnam33
Lovely Professional University 34
XIMB Bhubaneswar 35
Goa Institute of Management36
IIM Jammu 36
TAPMI Manipal 38
NIT Trichy39
Chandigarh University 40
UPES Dehradun 41
MICA Ahmedabad 42
IIM Nagpur43
IMT Ghaziabad44
Nirma University45
IIT-ISM (Dhanbad)46
K L College of Engineering47
Kalinga Institute of Industrial Technology  48
Anna University49
Banaras Hindu University50

Top 20 MBA colleges in India

Here is the list of Top 20 MBA colleges in India as per NIRF 2022 ranking. Kindly go through it to analyze the best MBA college for you.

Name of the InstituteNIRF Rankings 2022
IIM Ahmedabad1
IIM Bangalore2
IIM Calcutta3
IIT Delhi4
IIM Kozhikode5
IIM Lucknow6
IIM Indore7
XLRI Jamshedpur8
NITIE Mumbai9
IIT Madras 10
IIT Bombay 11
IIT Kharagpur12
MDI Gurgaon13
IIM Raipur 14
IIM Ranchi15
IIM Rohtak 16
SIBM Pune 17
IIM Trichy 18
IIT Roorkee 19
IIT Kanpur20

Best 25 MBA Colleges in India Course Details

Some of the popular and commonly asked highlights about Best 25 MBA colleges in India are given in the table below. Check out below:

Course NameBest 25 MBA colleges in India  
Best 25 MBA colleges in India  Duration2 years (4 semesters or 6 trimesters)
EligibilityGraduation in any discipline
Best 25 MBA Colleges in India  Entrance ExamsEntrance test+GD+PI
Best 25 MBA colleges in India  Entrance ExamsMH CET, CAT, XAT, NMAT, CMAT, SNAP, MAT, etc.
Best 25 MBA colleges in India FeeINR 12-15 Lakhs
Average Salary after the courseINR 10,00,000
Best 25 MBA Colleges in India  Admission ProcessGoogle, Amazon, Microsoft, Facebook, Accenture, IBM etc.

Best 25 MBA Colleges in India Admission Process

There are two modes to get admission to top colleges for MBA in India

  • Entrance exam
  • Direct Admission based on merit basis or management quota basis

The process of admission to Best 25 MBA colleges in India can be broken down into the following steps:

  • Registration and Applying for the Entrance exam: Registration on the given date or before is often missed by the students, resulting in they cannot appearing for the examination for top colleges for MBA in India. The important exam for MBA is CAT; can be registered on the official website iimcat.in. For other exams like NMAT, XAT, CMAT, and SNAP, the students have to register separately.
  • Clearing the exam: Place your attendance in the examination hall. A lot of students miss the examination even after registration. Come with preparation and the intention of clearing the exam. Wait for the result.
  • Wait for the Shortlisting Process:  The shortlisting process for MBA colleges is done on the basis of the total number of students who appear for the exams and the number of seats available. The cutoff for all colleges is then announced.
  • Last Admission process stage - GD-PI-WAT Round: In admission for top MBA colleges this round is for the group discussion and the personal interview. Both carry different weightage for the final result.

Best 25 MBA Colleges in India Eligibility

The eligibility criteria for the Best 25 MBA colleges in India are provided below. The students are expected to go through the eligibility criteria vigilantly to avoid any mistakes in applying and pursuing the course Top 25 colleges for MBA in India.

  • Students are expected to keep their graduation score up till 50%. 
  • Students belonging to the reserved categories such as OBC, SC, and ST get 5% relaxation.
  • The majority of MBA colleges allow their final-year students to apply for MBA admissions if the students can submit their provisional certificates from the college. Hence even final-year students can apply to the Best colleges for MBA in India.
  • There is also a domicile reserve seat for the students of Maharashtra and employees working in the Maharashtra state government. For this, the students are requested to keep themselves updated on the official website of the state government.

Best 25 MBA Colleges in India Entrance Exams

The various entrance exams to get into the Best 25 MBA colleges in India are as follows:

Exam NameRegistration Dates for the ExamExamination Dates
MH CET9 March – 6 April 202316 April 2023
CAT 2023September 2023 third weekNov 26, 2023
XAT 2024November 30, 2023Jan 7, 2024
SNAP 2023November 2023 third weekDecember 2023, 2nd/3rd-week
NMAT by GMAC 2023November 2023 last weekOct to Dec 2023
CMATDecember 26, 2022 – February 25, 20234 May 2023
IIFT 2024November 2023 third weekDecember 2023 third week
IBSAT 2023November 2023 last weekDecember 2023 last week
TISSNET 2024Nov 2023 to Jan 2024February 2024, 2nd week

Best 25 MBA Colleges in India Jobs

The table below discusses the job profile one can expect after doing a course from Best 25 MBA colleges in India, along with their description and average salary offered.

Job ProfileJob DescriptionAverage Salary
Information Technology DirectorsHe/She is responsible for the management, and execution of IT infrastructure for an organization.34 Lakhs
Their job is to overlook the infrastructure of technical operations, eliminate security risks, and maintain operation and systems.Their job is to overlook the infrastructure of technical operations, eliminate security risks, and maintain operations and systems.25 Lakhs
Information System ManagersTheir job is to overlook the infrastructure of technical operations, eliminate security risks, and maintain operations and systems.20 Lakhs
Program ManagerA program Manager provides strategic guidance to teams and project managers in ways that promote the company's culture. They also oversee the progress of operations and develop efficient strategies and tactics.19 Lakhs
Project Manager -IT SoftwareHis/Her responsibility is to look after the delivery of the output of the program. Individuals who can look after the progress of operations and formulate efficient strategies and tactics are fit for this job.18 Lakhs

Best 25 MBA Colleges in India Top Recruiters

  • Accenture                  
  • Apple                         
  • Disney
  • ESPN                          
  • Foxconn                    
  • HP                              
  • IBM
  • Infosys                       
  • L&T
  • Microsoft
  • TCS                            
  • Wipro                        

Best 25 MBA colleges in India professionals can also find careers in a variety of options in Defense, Space agencies, and the Automobile sector as well. Students are often looking forward to such opportunities to pursue a career in government sectors as well after doing a course from top 25 colleges for MBA in India.

Government Sector EnterprisesIndian FirmsForeign Firms
BSNLInfosysAmazon
Indian RailwaysWiproApple
Indian Air ForceIBMBrain & Company
ISROAccentureBCG
DoordarshanTata Consultancy ServicesCitigroup
 Larsen & ToubroDeloitte
  Goldman Sachs
  JP Morgan
  McKinsey
  Morgan Stanley
  Walt Disney

Best 25 MBA Colleges in India Salary

Students are often curious to know the average salary various job titles expect after completion of their program from Best 25 MBA colleges in India. Various job titles and their average salary is given below:

Job TitleAverage Salary
Project Manager₹ 1,455,051
Senior Business Analyst₹ 987,801
Business Analyst, Information Technology₹ 594,489
Information Technology Manager₹ 1,242,095
Project Manager, Information Technology₹ 1,459,771
Senior Project Manager, Information Technology₹ 2,340,443
Senior Software Engineer₹ 911,355

Frequently Asked Questions about Best 25 MBA Colleges in India

Some of the frequently asked questions about the Best 25 MBA colleges in India are as follows. Kindly have a look:

Q. Which are the best private MBA colleges in India placement-wise?

Ans. The best private MBA colleges in India placement wise are

Name of the collegeAverage Salary
IIM IndoreRs. 30.21 LPA
IIFT Delhi & KolkataRs. 29.10 LPA
MDI GurgaonRs. 27.67 LPA
IIM TiruchirappalliRs. 20.55 LPA
IIM BangaloreRs. 35.31 LPA

Q. Which are the top exams to get into the Best 25 MBA colleges in India?

Ans. The top exams to get into the Best 25 MBA colleges in India are

Q. Which MBA Colleges should you apply to?

Ans. You should apply to Best 25 MBA colleges in India above and 5 colleges below your caliber. You should always spread your risks. It is advised to not limit yourself to just a handful of colleges.

Q. What are the Best 25 MBA colleges in India 2022?

Ans. The top 5 of the Best 25 MBA colleges in India 2022 are

Q. Who decides the list of the Best 25 MBA colleges in India?

Ans. The NIRF decides the list of Best 25 MBA colleges in India and all other lists as well.

Q.  What is the average salary of the top 5 of the Best 25 MBA colleges in India?

Ans. The average salary range of the top 5 of the Best 25 MBA colleges in India is between INR 28-32 lakhs per annum.

Q. Is it worth it to pursue a course from the any of Best 25 MBA colleges in India?

Ans. Yes, it is worth it to pursue a course from the any of Best 25 MBA colleges in India. All of these colleges shall give you a qualitative MBA course.

Q. Is the list of Best 25 MBA colleges in India 2023 published yet?

Ans. No, the list of the Best 25 colleges for MBA in India 2023 has not been published yet. The NIRF has notified the list shall be made available by 23 July 2023

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