Best Government MBA Colleges in India

A chance of studying in a Government Institute in India is a dream for many Students, Top MBA colleges in India have different aspects of perfection be it Placements, Fees, Rankings, or ROI which is why Students are all in a rush to get admissions in the Best Government MBA colleges in India which are packed up with all best facilities.

Q. Why choose Government MBA Colleges in India?

Ans. The basic and foremost reason to get admission to one of the Best Government MBA colleges in India is that the Government MBA colleges provide the best environment to the students, and great facilities and remain the first choice of any Top MBA recruiters.

Government MBA colleges have always had a separate place in the list of Best MBA colleges in India placement-wise as well.

Formfees brings you the list of Best Government MBA colleges in India to avoid all such chaos and hassle of finding a perfect MBA College

List of Best Government MBA Colleges in India 2023

• IIM Ahmedabad also called the Indian Institute of Management, Ahmedabad
• IIM Bangalore also called the Indian Institute of Management, Bangalore
• IIM Kozhikode also called the Indian Institute of Management, Kozhikode
• IIM Calcutta also called the Indian Institute of Management, Kolkata
• IIM Indore also called the Indian Institute of Management, Indore
• IIM Lucknow / Indian Institute of Management, Lucknow
• NITIE Mumbai also called National Institute for Training in Industrial Engineering, Mumbai
• IIT Delhi also called the Indian Institute of Technology, New Delhi
• IIT Bombay also called the Indian Institute of Technology, Mumbai
• BHU also called Banaras Hindu University, Varanasi

Best Government MBA colleges in India Ranking wise

It would be one of the first searches anyone would make while searching for their dream government college, 

Here is a list of the Best Government MBA colleges in India Ranking wise:-

Best Government MBA colleges in India	Location of the College	NIRF Ranking 2023
IIM Ahmedabad	Gujarat	01
IIM Bangalore	Karnataka	02
IIM Kozhikode	Kerala	03
IIM Calcutta	West Bengal	04
IIM Indore	Madhya Pradesh	08
IIM Lucknow	Uttar Pradesh	06
NITIE Mumbai	Maharashtra	07
IIT Delhi	New Delhi	05
IIT Bombay	Maharashtra	11
BHU	Uttar Pradesh	56

 Best Government MBA colleges in India Fees wise

The next thing popping around your mind would be the total fees, Every student selecting a college prefers pocket-friendly fees

Here is a list of the Best Government MBA colleges in India Fees wise:-

Best Government MBA colleges in India	Location of the College	Total Fees for MBA
IIM Ahmedabad	Gujarat	INR 20,00,000/-
IIM Bangalore	Karnataka	INR 24,00,000/-
IIM Kozhikode	Kerala	INR 20,00,000/-
IIM Calcutta	West Bengal	INR 24,00,000/-
IIM Indore	Madhya Pradesh	INR 22,50,000/-
IIM Lucknow	Uttar Pradesh	INR 12,60,000/-
NITIE Mumbai	Maharashtra	INR 20,00,000/-
IIT Delhi	New Delhi	INR 12,00,000/-
IIT Bombay	Maharashtra	INR 10,00,000/-
BHU	Uttar Pradesh	INR 99,281/-

Best Government MBA colleges in India Placement wise

Another point while looking for MBA Colleges is Placement, The Colleges shall have a decent placement

Therefore Here is a list of the Best Government MBA colleges in India Placement wise:-

Best Government Colleges in India	Average Packages for MBA	Highest Packages for MBA
IIM Ahmedabad	INR 32,08,000/-	INR 61,49,000/-
IIM Bangalore	INR 35,00,000/-	INR 80,00,000/-
IIM Kozhikode	INR 31,00,000/-	INR 67,00,000/-
IIM Calcutta	INR 35,00,000/-	INR 1.15 Cr
IIM Indore	INR 30,20,000/-	INR 1.14 Cr
IIM Lucknow	INR 32,00,000/-	INR 55,00,000/-
NITIE Mumbai	INR 24,00,000/-	INR 78,00,000/-
IIT Delhi	INR 25,80,000/-	INR 41,00,000/-
IIT Bombay	INR 28,00,000/-	INR 54,00,000/-
BHU	INR 9,00,000/-	INR 18,00,00

Eligibility Criteria

The Basic MBA Eligibility criteria to get admission among any of the Best Government MBA colleges in India remains almost the same as in the other Universities and even the Top MBA Colleges in India, 

Like in all the Top MBA Colleges in India the candidate requires CAT, GMAT, MAT, and XAT scores as well as a minimum score of 45% to 50% from a recognized Board or Under Graduation College.

IIM or Indian Institute of Management remains the first preference for almost all students wishing to get an MBA degree after their Graduation.

Here is a list of the Top 5 IIM Colleges in India:-

• IIM Ahmedabad 
• IIM Kozhikode
• IIM Bangalore
• IIM Calcutta
• IIM Indore

List of Top 5 IIM Colleges in India with ranking 2023:-

Top 5 IIM Colleges in India	NIRF Rankings 2023	NIRF Score 2023
IIM Ahmedabad	01	83.2
IIM Bangalore	02	80.89
IIM Calcutta	04	75.53
IIM Kozhikode	03	76.48
IIM Indore	08	71.95

Getting ahead with the Best Government MBA colleges in India, Formfees brings you all details regarding the colleges 

IIM Ahmedabad

IIM Ahmedabad also called Indian Institute of Management situated in Ahmedabad, Gujarat is considered on rank 01 when we talk of  Best Government MBA colleges in India.

The IIM Ahmedabad MBA fees remain INR 20,00,000/- all together, It counts as one of the Best MBA Colleges ranking-wise as well as the Top MBA Colleges Placement wise as IIM Ahmedabad placements have a record of 61,49,000/- Per Annum as its Highest Package 2023, whereas the Average package is INR 32,08,000/-.

IIM Bangalore

IIM Bangalore also called Indian Institute of Management situated in Bangalore, Karnataka comes among the Best Government MBA colleges in India for one of the Best MBA placements in India which is why it has made its place in the Top MBA Colleges in India placement wise, The Highest package at IIMB was noted as INR 80,00,000/- Per Annum as its Highest Package whereas the Average package is INR 35,00,000/-

IIM Bangalore Ranking 2023 is 02 and the Total fee is around INR 24,00,000/-

IIM Kozhikode

IIM Kozhikode also called the Indian Institute of Management situated in Kerala, IIM Kozhikode Ranking in 2023 is 03 and it is among the Best Government MBA colleges in India as well as Top MBA Colleges in India placement-wise as the Highest Package at IIMK was noted as INR 67,00,000/- whereas the Average package is INR 31,00,000/-

IIM Kozhikode fees for MBA is INR 20,00,000/-

IIM Calcutta 

IIM Calcutta also called the Indian Institute of Management situated in West Bengal

IIM Calcutta Ranking in 2023 is 04, IIM Calcutta fees for MBA are INR 24,00,000/-, Being among the Best Government MBA colleges in India, it also has great Placement records, the Highest Placement Package remains INR 1.15 Cr Per Annum whereas the Average package is INR 35,00,000/-.

IIM Indore 

IIM Indore / Indian Institute of Management is situated in Madhya Pradesh. IIM Indore Ranking 2023 is 08, IIM Indore fees for MBA is INR 22,50,000/-, IIM Indore is one of the Best Government MBA colleges in India, it has also built up its place among the Top 5 IIM Colleges in India, the Highest Placement Package remains INR 1.14 Cr Per Annum whereas the Average package is INR 30,20,000/- that makes it one of the Top MBA Colleges in India placement wise.

IIM Indore fees go around INR 22,50,000/-

IIM Lucknow 

IIM Lucknow / Indian Institute of Management situated in Uttar Pradesh ranks itself in 06 positions, the IIML Fees remain INR 12,60,000/-. It is one of the Best Government MBA colleges in India with low fees,

IIML also has a record of excellent packages as the recent Highest Package was noted as INR 55,00,000/- Per Annum whereas the Average package is INR 32,00,000/-

NITIE Mumbai 

NITIE Mumbai / National Institute for Training in Industrial Engineering situated in Maharashtra is one of the Top Non-IIM Colleges in India as well as among the Best Government MBA colleges in India, NITIE Ranking 2023 remains in 7th position, While NITIE Mumbai fees cost around INR 20,00,000/-

NITIE despite being among the Non-IIM Colleges has a great placement record and is among the Top MBA Colleges in India placement wise, the Highest Package remains around INR 78,00,000/- Per Annum whereas the Average package is INR 24,00,000/-

IIT Delhi

IIT Delhi / Indian Institute of Technology situated in New Delhi comes among the Best Government MBA Colleges in India with low fees as the MBA tuition fee remains INR 12,00,000/-. IIT Delhi Ranking 2023 positions at 05.

While IIT Delhi has low fees it is nothing less than any other MBA College as it has the Highest Package for the recent academic year somewhere around INR 41,00,000/- Per Annum with an Average Package of INR 25,80,000/- Per Annum.

IIT Bombay

IIT Bombay / Indian Institute of Technology situated in Maharashtra is among one of the best IIT Colleges in India as well as among the Best Government MBA Colleges in India, The MBA fees go around INR 10,00,000/- 

IIT Bombay additionally hold a great placement record for MBA as the Highest package of INR 54,00,000/- Per Annum while the Average package is INR 28,00,000/- Per Annum.

BHU, Varanasi

BHU / Banaras Hindu University situated in Varanasi is one of the Best Government MBA Colleges in India with decent placement records of INR 18,00,000/- as the Highest Package and an Average Package of INR 9,00,000/- Per Annum.

Not just that it has pocket-friendly fees that can be afforded by anyone from any financial background, It holds a position among the Best Government MBA Colleges in India with low fees as the fees remains INR 99,281/-

Additional Data 

One can also apply for scholarships after getting admission to any of the  Best Government MBA Colleges in India

MBA Scholarships in Best Government MBA Colleges in India

For all the Eligible Under studies pursuing an MBA, the scholarship program is offered by the Government. The Top students with outstanding grades are eligible for postgraduate merit scholarships from the UGC of the Indian government. This program emphasizes top students and secondly the alumni from various graduation courses across the nation. The goal of the scholarship is to motivate talented students to undertake their studies without losing hope to any financial problem

Procedure to apply for MBA Scholarships in Best Government MBA Colleges in India

• Visit the official page of NSP
• Choose the Scholarship one is eligible for
• Fill up the Details required
• Submit the details

Merit Cum Means Scholarship

The communities like Sikhs, Muslims, or Christians may apply for the Merit Cum Mean scholarship, The main cause behind the scholarship is to support education for all castes and creeds.

Frequently Asked Questions about Best Government MBA Colleges in India

Q. Why are Government MBA colleges better?

Ans. The basic and foremost reason to get admission to one of the Best Government MBA colleges in India is that the Government MBA colleges provide the best environment to the students and great facilities, and remain the first choice of any Top MBA recruiters. Government MBA colleges have always had a separate place in the list of Best MBA colleges in India placement-wise as well.

Q. What are the Top 10 Government MBA colleges in India?

Ans. List of Best Government MBA Colleges in India 2023

• IIM Ahmedabad also called the Indian Institute of Management, Ahmedabad
• IIM Bangalore also called the Indian Institute of Management, Bangalore
• IIM Kozhikode also called the Indian Institute of Management, Kozhikode
• IIM Calcutta also called the Indian Institute of Management, Kolkata
• IIM Indore also called the Indian Institute of Management, Indore
• IIM Lucknow / Indian Institute of Management, Lucknow
• NITIE Mumbai also called National Institute for Training in Industrial Engineering, Mumbai
• IIT Delhi also called the Indian Institute of Technology, New Delhi
• IIT Bombay also called the Indian Institute of Technology, Mumbai
• BHU also called Banaras Hindu University, Varanasi

Q. Which are the Best Government MBA Colleges in India Placement-wise?

Ans. The Best Government MBA Colleges in India Placement wise are:

Best Government Colleges in India	Average Packages for MBA	Highest Packages for MBA
IIM Ahmedabad	INR 32,08,000/-	INR 61,49,000/-
IIM Bangalore	INR 35,00,000/-	INR 80,00,000/-
IIM Kozhikode	INR 31,00,000/-	INR 67,00,000/-
IIM Calcutta	INR 35,00,000/-	INR 1.15 Cr
IIM Indore	INR 30,20,000/-	INR 1.14 Cr
IIM Lucknow	INR 32,00,000/-	INR 55,00,000/-
NITIE Mumbai	INR 24,00,000/-	INR 78,00,000/-
IIT Delhi	INR 25,80,000/-	INR 41,00,000/-
IIT Bombay	INR 28,00,000/-	INR 54,00,000/-
BHU	INR 9,00,000/-	INR 18,00,000/-

Q. Which are the Top 10 Government MBA Colleges in India Ranking Wise?

Ans. Here is a list of the Best Government MBA colleges in India Ranking wise:-

Best Government MBA Colleges in India	Location of the College	NIRF Ranking 2023
IIM Ahmedabad	Gujarat	01
IIM Bangalore	Karnataka	02
IIM Kozhikode	Kerala	03
IIM Calcutta	West Bengal	04
IIM Indore	Madhya Pradesh	08
IIM Lucknow	Uttar Pradesh	06
NITIE Mumbai	Maharashtra	07
IIT Delhi	New Delhi	05
IIT Bombay	Maharashtra	11
BHU	Uttar Pradesh	56

Q. Is IIM good for MBA?

Ans. IIM or Indian Institute of Management remains the first preference for almost all students wishing to get an MBA degree after their Graduation.

list of the Top 5 IIM Colleges in India:-

• IIM Ahmedabad 
• IIM Bangalore
• IIM Kozhikode
• IIM Calcutta
• IIM Indore

List of Top 5 IIM Colleges in India with ranking 2023:-

Top 5 IIM Colleges in India	NIRF Rankings 2023	NIRF Score 2023
IIM Ahmedabad	01	83.2
IIM Bangalore	02	80.89
IIM Calcutta	04	75.53
IIM Kozhikode	03	76.48
IIM Indore	08	71.95

Q. Which are the Top Non-IIM Government MBA Colleges in India?

Ans. Here are the Top Non-IIM Government MBA Colleges:-

NITIE Mumbai 

NITIE Mumbai / National Institute for Training in Industrial Engineering situated in Maharashtra is one of the Top Non-IIM Colleges in India as well as among the Best Government MBA colleges in India, NITIE Ranking 2023 remains in 7^th position, While NITIE Mumbai fees cost around INR 20,00,000/-

NITIE despite being among the Non-IIM Colleges has a great placement record and is among the Top MBA Colleges in India placement wise, the Highest Package remains around INR 78,00,000/- Per Annum whereas the Average package is INR 24,00,000/-

IIT Delhi

IIT Delhi / Indian Institute of Technology situated in New Delhi comes among the Best Government MBA Colleges in India with low fees as the MBA tuition fee remains INR 12,00,000/-

IIT Delhi Ranking 2023 positions at 05.

While IIT Delhi has a low fee it is nothing less than any other MBA College as it has the Highest Package for the recent academic year somewhere around INR 41,00,000/- Per Annum with an Average Package of INR 25,80,000/- Per Annum.

IIT Bombay

IIT Bombay / Indian Institute of Technology situated in Maharashtra is among one of the best IIT Colleges in India as well as among the Best Government MBA Colleges in India, The MBA fees go around INR 10,00,000/- 

IIT Bombay additionally hold a great placement record for MBA as the Highest package of INR 54,00,000/- Per Annum while the Average package is INR 28,00,000/- Per Annum.

BHU , Varanasi

BHU / Banaras Hindu University situated in Varanasi is one of the Best Government MBA Colleges in India with decent placement records of INR 18,00,000/- as the Highest Package and an Average Package of INR 9,00,000/- Per Annum.

Not just that it has a pocket-friendly fee that can be afforded by anyone from any financial background, It holds a position among the Best Government MBA Colleges in India with low fees as the fees remains INR 99,281/-

Q. How can I get into the Best Government MBA Colleges in India?

Ans. Like in all the Top MBA Colleges in India the candidate requires CAT, GMAT, MAT, and XAT scores as well as a minimum score of 45% to 50% from a recognized Board or Under Graduation College.

Q. What is the Total fees of The Top 10 Best Government MBA colleges?

Ans. Here is a list of Best Government MBA colleges in India Fees wise:-

Best Government MBA colleges in India	Location of the College	Total Fees for MBA
IIM Ahmedabad	Gujarat	INR 20,00,000/-
IIM Bangalore	Karnataka	INR 24,00,000/-
IIM Kozhikode	Kerala	INR 20,00,000/-
IIM Calcutta	West Bengal	INR 24,00,000/-
IIM Indore	Madhya Pradesh	INR 22,50,000/-
IIM Lucknow	Uttar Pradesh	INR 12,60,000/-
NITIE Mumbai	Maharashtra	INR 20,00,000/-
IIT Delhi	New Delhi	INR 12,00,000/-
IIT Bombay	Maharashtra	INR 10,00,000/-
BHU	Uttar Pradesh	INR 99,281/-

Q. Which one is the Best IIM in India?

Ans. Here is a detailed list of the Top 5 IIM in India

IIM Ahmedabad

IIM Ahmedabad also called Indian Institute of Management situated in Ahmedabad, Gujarat is considered on rank 01 when we talk of  Best Government MBA colleges in India.

The IIM Ahmedabad MBA fees remain INR 20,00,000/- all together, It counts as one of the Best MBA Colleges ranking-wise as well as the Top MBA Colleges Placement wise as IIM Ahmedabad placements have a record of 61,49,000/- Per Annum as its Highest Package 2023, whereas the Average package is INR 32,08,000/-.

IIM Bangalore

IIM Bangalore also called Indian Institute of Management situated in Bangalore, Karnataka comes among the Best Government MBA colleges in India for one of the Best MBA placements in India which is why it has made its place in the Top MBA Colleges in India placement wise, The Highest package at IIMB was noted as INR 80,00,000/- Per Annum as its Highest Package whereas the Average package is INR 35,00,000/-

IIM Bangalore Ranking 2023 is 02 and the Total fee is around INR 24,00,000/-

IIM Kozhikode

IIM Kozhikode also called the Indian Institute of Management situated in Kerala, IIM Kozhikode Ranking in 2023 is 03 and it is among the Best Government MBA colleges in India as well as Top MBA Colleges in India placement-wise as the Highest Package at IIMK was noted as INR 67,00,000/- whereas the Average package is INR 31,00,000/-

IIM Kozhikode fees for MBA is INR 20,00,000/-

IIM Calcutta 

IIM Calcutta also called the Indian Institute of Management situated in West Bengal. IIM Calcutta Ranking 2023 is 04 , IIM Calcutta fees for MBA is INR 24,00,000/-, Being among the Best Government MBA colleges in India, it also has great Placement records, the Highest Placement Package remains INR 1.15 Cr Per Annum whereas the Average package is INR 35,00,000/-.

IIM Indore 

IIM Indore / Indian Institute of Management is situated in Madhya Pradesh. IIM Indore Ranking 2023 is 08, IIM Indore fees for MBA is INR 22,50,000/-, IIM Indore is one of the Best Government MBA colleges in India, it has also built up its place among the Top 5 IIM Colleges in India, the Highest Placement Package remains INR 1.14 Cr Per Annum whereas the Average package is INR 30,20,000/- that makes it one of the Top MBA Colleges in India placement wise.

IIM Indore fees go around INR 22,50,000/-

IIM Lucknow 

IIM Lucknow / Indian Institute of Management situated in Uttar Pradesh ranks itself in 06 positions, the IIML Fees remain INR 12,60,000/-. It is one of the Best Government MBA colleges in India with low fees,

IIML also has a record of excellent packages as the recent Highest Package was noted as INR 55,00,000/- Per Annum whereas the Average package is INR 32,00,000/-

Q. Is there an option for Scholarships in the Best Government MBA Colleges in India? 

Ans. Yes, One can apply for scholarships after getting admission to any of the  Best Government MBA Colleges in India MBA Scholarships in Best Government MBA Colleges in India.

For all the Eligible Under studies pursuing an MBA, the scholarship program is offered by the Government. The Top students with outstanding grades are eligible for postgraduate merit scholarships from the UGC of the Indian government. This program emphasizes top students and secondly the alumni from various graduation courses across the nation. The goal of the scholarship is to motivate talented students to undertake their studies without losing hope to any financial problems.

Q. How to apply for an MBA Scholarship at Best Government MBA Colleges in India?

Ans. Procedure to apply for MBA Scholarships in Best Government MBA Colleges in India

• Visit the official page of NSP
• Choose the Scholarship one is eligible for
• Fill up the Details required
• Submit the details

Q. What is a Merit cum Mean Scholarship?

Ans. Religious communities like Sikhs, Muslims, or Christians may apply for the Merit Cum Mean scholarship, The main cause behind the scholarship is to support education for all castes and creeds.