Best MBA Colleges in India

MBA aspirants' dream is to pursue an MBA from one of India's top MBA Colleges. According to the MHRD-NIRF rankings 2022, the Top MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode, and IIM Indore. Other popular MBA colleges include XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management, and the Department of Management Studies of the IITs, which are ranked among the top MBA Colleges in India by the NIRF as well as other B-school surveys conducted by India Today, Outlook, and Business Today.

IIM Ahmedabad tops the list of India's Top MBA Colleges, followed by IIM Bangalore, IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the three mentioned above, as well as IIM Kozhikode, IITs such as IIT Delhi, and XLRI MDI Gurgaon, to name a few.

According to the NIRF rankings 2022 and other B-School polls such as India Today and The Times, top MBA institutions in India include IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIT Delhi, IIM Kozhikode, XLRI Jamshedpur, IIM Lucknow, IIM Indore, and others. There are about 4890 MBA colleges in India, with 719 of them being government and 4104 being private.

• The top MBA college in India is IIM Ahmedabad, which is ranked first by different rating organizations, followed by IIM Bangalore and IIM Calcutta.
• According to the NIRF rankings for 2022, the finest MBA institutions in Delhi are the Department of Management Studies-IIT Delhi, IMI Rohtak, Indian Institute of Foreign Trade, and others.
• IIM Bangalore, Christ University, Kristu Jayanti College, and many other renowned MBA institutes in Bangalore.
• MBA Admissions 2023 are available based on performance in MBA admission tests such as the CAT, GMAT, SNAP, GRE, XAT, MAT, and others, followed by a GD/ PI round.
• Some of the greatest MBA institutions in Mumbai are the National Institute of Industrial Engineering, Shailesh J. Mehta School of Management-IIT Bombay, SPJIMR Mumbai, and NMIMS Mumbai.
• The typical MBA course costs at India's best MBA universities for various MBA specialties range from INR 50,000 to 30 Lakhs per year.
• The University of Allahabad, Ranchi University, the University of Rajasthan, and many others are among the best MBA institutions in India with inexpensive tuition.

Top 10 MBA Colleges in India 2022

The two-year MBA program serves as a springboard to a variety of job and entrepreneurial opportunities. This course provides knowledge and training in business administration and operations, both of which are necessary for running a business. The MBA program also helps individuals develop communication skills and leadership qualities.

MBA programs are open to students from all disciplines, including science, business, and humanities. The most popular option is the full-time MBA, which includes theory classes, practical projects, and internships. A full-time MBA is preferred by recent graduates as well as candidates with a few years of work experience. In India, there are over 5,000 MBA colleges that offer courses in a variety of specializations. Some B-Schools provide an MBA degree, while others provide a PG diploma (PGDM/PGPM).

Given below is the list of the top 10 MBA Colleges in India with fees structure in 2022

College	Ranking	Fees Structure
IIM Ahmedabad	1	23.00 L
IIM Bangalore	2	18.70 L
IIM Calcutta	3	10.10 L
IIM Lucknow	4	5.69 L
IIT Delhi DoMS	5	8.80 L
IIM Kozhikode	6	20.50 L
IIM Indore	7	17.06 L
XLRI Jamshedpur	8	23.60 L
NITIE Mumbai	9	11.33 L
IIT Madras-DoMS	10	8.00 L

Top 10 MBA Colleges in India as per NIRF 2021

Name of the College	NIRF Ranking 2021	NIRF Score 2021
IIM Ahmedabad	1	83.69
IIM Bangalore	2	83.48
IIM Calcutta	3	80.04
IIM Kozhikode	4	73.34
IIT Delhi	5	72.15
IIM Indore	6	71.10
IIM Lucknow	7	71.02
XLRI, Jamshedpur	8	69.93
IIT Kharagpur	9	69.50
SJMSOM, IIT Bombay	10	68.08

Top B-School CAT Cutoff: CAT 80 Percentile & Above

Below are the top B-School CAT Cutoffs for admission in 2023. The CAT cut offs in these MBA colleges is 80+ percentile

B-School	Programme Fee (Rs.in Lakhs)
MICA Ahmedabad	21
NITIE Mumbai	12.58
Xavier University Bhubaneswar	21.30
Great Lakes Chennai	17.15
TAPMI Manipal	16.00
IIM Kashipur MBA Analytics	15.42
GIM Goa	17.21
IRMA Anand	16.15
FORE School of Management New Delhi	16.98
BIM Tiruchirappalli	12.14
K J Somaiya Institute of Management Mumbai	19.95
LBSIM New Delhi	13.90
Welingkar Mumbai	12.89
NIRMA University	9.52
Birla Institute of Technology and Science (BITS) Pilani	9.00

CAT Cut off For MBA Colleges:  CAT 70 Percentile & Above

Following are some of the best MBA colleges with CAT Cut offs in percentile range of 70 and above:

B-School	Program Fee (Rs.in Lakhs)
Great Lakes Institute of Management Gurgaon	17.15
BIMTECH Greater Noida	13.00
SDMIMD Mysore	11.40
SOIL Institute of Management	12.90
JAGSOM Bangalore	14.90
MDI Murshidabad	12.19
LIBA Chennai	15.38
NIA Pune: National Insurance Academy	9.43
IMI Kolkata: International Management Institute	11.5
Dayananda Sagar Business School Bangalore	9.10
BIIB Pune	7.85
XIME Bangalore	11
Indus Business Academy - IBA Bangalore	8.51
KIIT School of Management  Bhubaneswar	14.90
IBS Hyderabad: ICFAI Business School	16.02
Welingkar Bangalore	13
SRM University, Delhi-NCR	3.50
Alliance School of Business	14
ISBM Pune	11.8
Jaipuria Institute of Management Lucknow	10.45
IMI Bhubaneswar	8.07

CAT Cut Off For MBA Colleges: CAT 60% & Above

The following are some of the finest MBA institutions having CAT cut-offs of 60 and above:

B-School	Cat Cut off
Shiv Nadar University Greater Noida	60-70
New Delhi Institute of Management - NDIM New Delhi	60-70
Jaipuria Institute of Management Noida	60-70
NTPC School of Business - NSB Noida	60-70
Vignana Jyothi Institute of Management - VJIM Hyderabad	60-70
Praxis Business School	60-70
Birla Global University, Bhubaneswar	60-70
Jaipuria Jaipur: Jaipuria Institute of Management	60-70
Delhi School of Business	60-70
IPE Hyderabad: Institute of Public Enterprise	60-70
JIMS Rohini Delhi	60-70

MBA programs demand a CAT score of 50 percent or above.

The following are some of the finest MBA institutions having CAT cut-offs of 50 and above:

B-School	Cat Cut off
FIIB Delhi: Fortune Institute of International Business	50-60
Jaypee Business School Noida	50-60
Sir Padampat Singhania University Udaipur	50-60
Firebird Institute of Research in Management	50-60
GBS Kolkata: Globsyn Business School, Kolkata	50-60
IMS Ghaziabad: Institute of Management Studies	50-60
Jaipuria Institute of Management (Jaipuria) Indore	50-60
NSB Academy	50-60
XIME Chennai: Xavier Institute of Management and Entrepreneurship	50-60
XIME Kochi: Xavier Institute of Management and Entrepreneurship	50-60
Jaipuria Ghaziabad	50-60

Top MBA Colleges in India based on Placement

The placement offered by MBA colleges in India is one of the factors considered by students. It is also an important consideration when considering admissions. The top MBA colleges in India have a high rate of placement. Students can also look at the top ten MBA colleges in India based on placement data. The specifics are listed in the table below.

Colleges	Top Recruiters
IIM Bangalore	A T Kearney, Abbot, Accenture, Acura, Adani Group, Aditya Birla Group, Amazon.com, American Express, Arthur D Little, Arvind Brands, Asian Paints, Askmebazaar.com, AVIVA, Axis Bank, Barclays Capital, Biocon, Capital One, Citigroup, Cognizant, Deloitte Consulting, Deutsche Bank, Google, HDFC Bank, Heinz, Hindustan Unilever, HSBC, Hyundai, IBM, ICICI, ITC, JP Morgan Chase, McKinsey, Morgan Stanley, Nerolac, Nomura, Philips India, Practo, Urban Clap.
IIM Ahmedabad	A T Kearney, Accenture, Airtel, Amazon.com, American Express, Bain and Company, Barclays Capital, Citigroup, Cognizant, Deloitte Consulting, Deutsche Bank, Ericsson India, EXL Services, Flipkart, Genpact, Goldman Sachs, Google, Grofers, Hindustan Unilever, HSBC, Infosys, KPMG, Microsoft, Reckitt Benckiser
IIM Calcutta	Dabur, Dell, Deloitte Consulting, Deutsche Bank, MU Sigma, NOKIA, NTPC, Oracle, UBS, Union Bank of India, Unisys India, Unitech, US Technologies, Viacom 18, Virgin Mobile India, Virtusa, Whirlpool, Wipro, WNS Global Services, Yes Bank
IIM Kozhikode	Aditya Birla Group, American Express, Asian Paints, Axis Bank, Bank of America, Cadbury, CITI Bank, CITI Financial, Coca-Cola, Colgate Palmolive, Dabur, eBay, Genpact, Godrej, Hewitt, Hewlett Packard, HSBC, HT Media, IBM, ICICI, Inductis, Infosys, McKinsey, Microsoft, Nestle, NSE, SAP, Yahoo
IIM Indore	Aditya Birla Capital, Axis Bank, Bharti AXA Life Insurance, Alpha Alternatives, BNY Mellon, Goldman Sachs, HDFC Life, ICICI Bank, ICICI Lombard, ICICI Prudential, IDFC, Amazon, Blue Seiner Advisors LLP, Flipkart, IndiaMART, Jeevitam, Paytm, MedikaBazaar, Polycab, Zomato

MBA Salaries

Before enrolling in a course, a student is more interested in knowing the outcome. After all, knowing the salaries paid for various job descriptions is self-evident and appropriate for an MBA degree holder. However, a manager's ability to plan, strategize, execute, coordinate, delegate work and tasks, and so on will determine everything-

• Retail Manager: 4.5 – 5
• Digital Marketing Manager: 4.5 – 5
• Sales Manager: 10 – 10.5
• Advertising Sales Manager: 8 – 8.5
• International Business Manager: 9
• Risk Manager: 9.5 – 10
• Infrastructure Manager: 10 – 11

ROI of India's Top MBA Colleges

The Return on Investment (ROI) of the course is a major factor that influences any management institute's ranking. But what exactly is ROI? ROI is defined as the difference or balance between the course fee and the salary offered after completing the course.

Top MBA colleges in India have a higher ROI than the rest, which is why they are included in all-India rankings by agencies and business magazines. The top MBA colleges in India (NIRF rankings 2021) are listed below, along with the average annual fee and average placement package:

Top MBA colleges in India	Average Annual Fee (in INR)	Average Placement Package (in INR)
IIM Ahmedabad	23 L	26 LPA
IIM Bangalore	23 L	25 LPA
IIM Calcutta	23 L	27 LPA
IIM Kozhikode	20 L	22.50 LPA
IIT Delhi	9.6 L	18.47 LPA
IIM Indore	15 L	22.92 LPA
IIM Lucknow	19 L	24.25 LPA
XLRI Jamshedpur	23 L	18.80 LPA
IIT Kharagpur	10 L	18.00 LPA
IIT Bombay	8.67 L	21.96 LPA

How to Apply for MBA Admission

Step 1: Register for and apply for the MBA Entrance Exam.

Step 2: Take the MBA Entrance Exam.

Step 3: The Selection Process

Step 4: Final Admissions Process (GD, PI, WAT)

Best MBA Colleges in India Private divided into tiers as top 10 MBA colleges in India consist of the best institutions in India, which we have talked about in this article. But in some cases, we can also get the best colleges for MBA even if you have a lower percentage through CAT some other Best MBA Colleges in India Private accept 50 - 60 Percentile in CAT 2021.

1.       Shanti Business School (Ahmedabad)

2.       Institute of Marketing & Management (New Delhi)

3.       Karnavati University (Gandhinagar)

4.       Narayana Business School (Ahmedabad)

5.       ASM's Group of Institutions (Pune)

6.       Universal Business School (Karjat)

Hence, to make things clearer, this blog article discusses the top MBA colleges in India, without getting into details such as the cut-offs, fees, CTCs, etc. You will find a list of colleges and a short note on how one should select colleges to apply to.

As a compilation, we have gathered details on the Top MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Indore according to the MHRD-NIRF rankings 2021. Other popular B-Schools such as XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management and Department of Management Studies of the IITs also rank among top MBA colleges in India as per the NIRF rankings as well as other B-school surveys such as by India Today, Outlook and Business Today. 

Among the MBA best colleges in India, a few of them are also usually ranked as the best among all globally. For example, In the Asia-Pacific B-Schools ranking 2021 by Bloomberg Businessweek the ISB has been ranked at the fifth position while IIM Bangalore has been ranked sixth.

TOP B schools in India: IIM Ahmedabad, IIM Bangalore, and SPJIMR have also been ranked among the global top 50 institutes in the latest Financial Times Masters in Management (MiM) Rankings 2021 MBA in India. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th and IIM Bangalore has been ranked 47th. Read below all about MBA rankings and the best MBA colleges in India.

ROI of Best MBA Colleges in India Private

The Return on Investment, or ROI, is a major factor that contributes to an institute's high ranking. But what exactly is ROI?

 ROI is defined as the difference or balance between the course fee and the salary offer in the job secured as a result of the course.

Best MBA Colleges in India Private have a satisfactory ROI, which is why they are included in all-India rankings by agencies and business magazines. Shiksha readers ranked the following private MBA colleges as the best in India, based on average annual fees and placement ratings:

Name of the College	Average Annual Fee (in Rs)	Average Placement Package (in Rs)
NITIE Mumbai	11.43 Lakh	20.88 LPA
XLRI Xavier School of Management, Jamshedpur	23.60 Lakh	25.08 LPA
MDI Gurgaon	21.34 Lakh	23.15 LPA
IIFT Delhi	8.75 Lakh	21.08 LPA
SIBM Pune	10.20 Lakh	19.56 LPA
SPJIMR, Mumbai	17.87 Lakh	19.50 LPA
NMIMS School of Business Management, Mumbai	12.05 Lakh	17.79 LPA
TAPMI, Manipal	15.01 Lakh	11.50 LPA
Great Lakes Institute of Management, Chennai	11.81 Lakh	13.60 LPA
ICFAI Business School (IBS), Hyderabad	14.14 Lakh	7.88 LPA

Top Private MBA Colleges in India: Cutoff

Check out the table below for the average admission cut off percentiles of India's top private MBA colleges as ranked by NIRF.

College	Cut Off
XLRI Xavier School of Management, Jamshedpur	94 percentile
MDI Gurgaon	94 percentile
NITIE Mumbai	90 percentile
SPJIMR, Mumbai	92 percentile
SIBM Pune	98.5 percentile
Great Lakes Institute of Management, Chennai	95 percentile
NMIMS School of Business Management, Mumbai	90 percentile
ICFAI Business School (IBS), Hyderabad	70 percentile
IIFT Delhi	36 marks
TAPMI, Manipal	85 percentile

Best Private MBA Colleges in India with Low Fees

Top MBA colleges with low fees structure - The best MBA colleges with low fees, such as IIMs, XLRI, MDI, and SPJIMR, have fee structures ranging from Rs.17 lakhs to Rs.24 lakhs.

Lowest MBA fees in india List-

Top MBA college with Low Fees	Programme Fee
Faculty of Management Studies (FMS) Delhi – University of Delhi	Rs. 1,94,000
Delhi School of Economics, Delhi University	Rs. 32,000
GGSIPU, Delhi	Rs. 59,000
PUMBA, Pune	Rs. 1,34,000

Faculty of Management Studies is a top-ranking management institute in India that offers MBA courses at the most affordable prices. It is regarded as one of the best MBA colleges in India with low fees.

A two-year full-time residential MBA or PGDM program at a top MBA college with low fees costs between Rs. 50,000 and Rs. 10 Lakhs. Fee structures at the best MBA colleges with low fees, such as IIMs, XLRI, MDI, and SPJIMR, range from Rs.17 lakhs to Rs.24 lakhs.

Top MBA colleges in India with low fees are affiliated with or have management departments at Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To be admitted to a top MBA college with low tuition, you must excel on an entrance exam such as the CAT/XAT/CMAT/MAH CET and have outstanding academics/work experience.

1. Faculty of Management Studies (FMS), Delhi University Faculty of Management Studies is one of India's most prestigious management schools, offering MBA classes at the most affordable prices starting at INR 1.92 Lakhs. It is one of the most prestigious MBA programs in India, and it is affiliated with Delhi University. The institute's selection process includes both CAT scores and personal interviews. This year, the average salary offered in campus selection is INR 32.4 LPA.

Internships are available for FMS students at companies such as Deloitte, OLA, PwC, L'Oreal, Info Edge, Adobe, Google, and Amazon.

• Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
  JBIMS was founded in the year 1965 and is affiliated with the University of Mumbai. It is a non-profit organization that offers part-time and full-time MBA programs. The institute also provides various other courses, but MBA is one of the most popular courses offered by JBIMS. The current structure of costs is INR 1.52 one lakh up to 7 lakhs for the duration of two academic years within MBA. MBA program. The college accepts the scores of ATMA and CAT, as well as ATMA and MAH CET. The college is among the top 10 colleges in the world for B-schools in India with a large number of alumni serving as CEOs. The median income for students is about the amount of INR 27.63 LPA.
  Companies that can be considered for placements in JBIMS include McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc.

• Tata Institute of Management Studies (TISS), Mumbai
  TISS, Mumbai is another management school offering high-quality MBA education at a fair price. Admissions to TISS is based on TISSNET scores. TISSNET score is an exam administered by the institution. The cost of the MBA program at TISS is the equivalent of 1.02 lakh rupees. 1.02 Lakh and the average salary earned during the program was of INR 19.62 LPA in 2021.
  Companies such as Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, Wipro and many others. Offer jobs to MBA graduates of TISS.

• Department of Management Sciences, Pune
  Pune University Department of Management Sciences (PUMBA) is associated with Pune University and has course charges that range from INR 1.29 Lakh to INR 1.33 Lakh. The college accepts scores of exams like CAT/XAT/MAT/CET/ATMA/MAH CET for the admissions to various MBA courses and offers placements with an average salary of INR 7.6 LPA.
  Axis Bank, E-serve, Bee Management, ONGC, Thermax, SBI Life, etc. are some of the businesses that offer internships for students attending this college.

• Department of Financial Studies, Delhi University
  The institute allows admissions based on the scores of the CAT test which is administered by IIMs. The price to pursue this MBA at this institute is $26,000 divided into two periods. Department of Financial Studies is famous for providing the best return on investment. The salaries offered by this school ranges from equivalent to 13.3 LPA, and the highest amount was INR 26 per hour in 2020.
  Companies such as DE Shaw, American Express, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, Ministry of Finance etc. are among the top recruiters for MBA graduates.

• Christ University, Bangalore
  Christ International (Deemed to be University) was established in the year 1969. The school offers a range of post-graduation options. The school offers a variety of MBA specializations, including Business Analytics Marketing, Business Analytics and more. Students who undertake exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission into this prestigious and premium university. The tuition ranges from an INR 6.75 Lakh - INR 21.82 Lakh. The median wage after an interview is about 10.5 LPA. 20.5 LPA.
  AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte and Dabur are among the top firms that visit the campus for assignments and offer lucrative pay for graduates.

Eligibility for the MBA Entrance Exam

Applicants with job experience after graduation or fresh graduates with a minimum of 50% marks are eligible to apply for these MBA entrance tests in India. The XAT is an anomaly in that it does not need a minimum percentage of graduation marks. The application procedure for the essential MBA entrance tests 2022 for admission 2023 has progressively begun. While the registration for CAT 2022, NMAT 2022, and SNAP 2022 has already begun, the registration for XAT 2023 will begin in August 2022.

According to prior patterns, the application procedure for the IIFT MBA admission test would most likely begin in the first week of September. Tata Institute of Social Sciences (TISS) will begin accepting applications for TISSNET 2023 in October/November 2022. Registration and application for IBSAT 2022, MAT Sep 2022 are now available. The first step in gaining admission to a top MBA college is to register for and apply for the appropriate MBA entrance test.

Most Popular MBA Entrance Exams in India 

For MBA admission, there are ten common MBA entrance examinations in India. CAT, XAT, IIFT, NMAT, SNAP, TISSNET, CMAT, MAT, IBSAT, and GMAT are among them. State Level Exams such as MAH CET, TANCET, PGCET, and KMAT are other prominent MBA entrance exams that will help you get into MBA courses in Maharashtra, Karnataka, and Tamil Nadu. Another institute/university specialized tests besides IIFT, TISSNET, and IBSAT are KIITEE Management, MICAT, and UPES MET.

Top Private MBA Colleges in India

Best  Private MBA Colleges in India	Course Fee (in INR)
XLRI Xavier School of Management, Jamshedpur	23.60 L
MDI Gurgaon	21.34 L
NITIE, Mumbai	11.33 L
SPJIMR, Mumbai	17.87 L
Symbiosis Institute of Business Management, Pune	10.20 L
SVKM’s Narsee Monjee Institute of Management Studies	10.42 L
Great Lakes Institute of Management, Chennai	11.81 L
Indian Institute of Foreign Trade, Delhi	8.85 L
International Management Institute, Delhi	18.34 L
ICFAI Business School, Hyderabad	14.14 L

Top Government MBA Colleges in India

Top Government Colleges for MBA	Course Fee (in INR)
IIM Ahmedabad	23.00 L
IIM Bangalore	18.70 L
IIM Calcutta	10.10 L
IIM Kozhikode	20.50 L
IIT Delhi-DoMS	8.80 L
IIM Indore	17.06 L
IIM Lucknow	5.69 L
IIT Kharagpur-VGSOM	9.26 L
IIT Bombay-SJMSOM	8.67 L
IIT Madras-DoMS	8.00 L

Cut  off for Top MBA Colleges in India

Most aspirants look for the top MBA college cutoff so that they can prepare and aim for it. Most of India's top MBA colleges accept CAT percentile scores for MBA admissions. MBA aspirants typically target the IIMs first, followed by other top MBA colleges in India. The following is a list of the CAT cutoffs for the top MBA colleges in India.

Name of the IIM college	Expected CAT cut-off in percentile
IIM Ahmedabad	100-99
IIM Bangalore	100-99
IIM Calcutta	99
IIM Lucknow	97-98
IIM Indore	97-98
IIM Kozhikode	97-98
IIM Amritsar	95-96
IIM Nagpur	95-96
IIM Sambalpur	95-96
IIM Tiruchirappalli	94-95
IIM Raipur	94-95
IIM Ranchi	94-95
IIM Kashipur	94-95
IIM Vizag	92-94
IIM Udaipur	92-94
IIM Bodhgaya	92-94
IIM Shillong	90
IIM Sirmaur	90

CAT Cutoff for Top MBA Colleges other than IIMs

List of B-schools	Expected CAT Cutoff
Faculty of Management Studies, University of Delhi	98.20 Percentile
DMS, IIT Delhi	98+ Percentile
Loyola Institute of Business Administration (LIBA) Chennai	90+ Percentile
SJMSOM, IIT Bombay	99+ Percentile
Institute of Management Technology (IMT) Ghaziabad	90+ Percentile
Management Development Institute (MDI) Gurgaon	95+ Percentile
NITIE Mumbai	95+ Percentile
SP Jain Institute of Management and Research (SPJIMR) Mumbai	85+ Percentile
Xavier Institute of Management Bhubaneswar (XIMB)	90+ Percentile
Department of Management Studies, IIT Madras	95+ Percentile
T A Pai Management Institute (TAPMI) Manipal	85+ Percentile

Specializations provided by India's Top MBA Colleges

The MBA degree is available in a variety of specializations in India. The following are some of the most prominent ones offered by top MBA colleges in India:

• Finance
• Sales & Marketing
• Human Resources
• Operations
• IT & Systems
• Business Analytics
• International Business
• Entrepreneurship

Best MBA Colleges in India Based on Top Specializations

Top MBA Colleges for MBA in sales and marketing 

1. Indian Institute of Management, Ahmedabad 
2. Narsee Monjee Institute of Management Studies, Mumbai 
3. Indian Institute of Management, Kolkata 
4. Vinod Gupta School of Management, IIT Kharagpur 
5. Indian Institute of Management, Indore 

Best MBA Colleges for MBA in Human Resources 

1. Indian Institute of Management, Bangalore 
2. XLRI Xavier School of Management, Jamshedpur 
3. Shailesh J. Mehta School of Management, IIT Bombay 
4. Department of Management Studies, IIT, Roorkee 
5. MDI Gurgaon 

Best MBA Colleges for MBA in Foreign Trade 

1. Indian Institute of Foreign Trade, New Delhi 
2. JMI Delhi
3. Loyola Institute of Business Administration, Chennai 
4. Institute of Management Studies, BHU, Varanasi 
5. Institute of Management, Nirma University, Ahmedabad

Frequently Asked Questions

Q. Name three Top MBA Colleges in India for operations management?

Ans. IIM Bangalore, IIM Kolkata, and IIM Indore are regarded as the best management colleges in operations management in India. 

Q. Is CAT mandatory for MBA admissions in top Schools in India? 

Ans. No. While CAT is widely preferred, other entrance exams like XAT, MAT, CMAT, ATMA, etc as well as state entrance exams and university entrance exams are also considered for MBA admissions. 

Q. Which are the Top MBA Colleges in India for Finance? 

Ans. IIM Bangalore, FMS Delhi, SPJIMR Mumbai, and Alliance University Bangalore are regarded as the leading management colleges in India offering specialization in finance.

Q. Is India the best country for pursuing a degree in MBA? 

Ans. India is home to good BSchools like the IIMs, IITs, and XLRI to name a few. So pursuing MBA from here is good enough for a fruitful career. Choosing a country depends upon not just the institute but fees, ease of admissions, and further career path. For an Indian student, these factors make India the best country to pursue MBA. 

Q. What makes pursuing an MBA a popular career option? 

Ans. The career prospects after MBA are so lucrative and ensure professional success that it has become one of the most popular career choices for many students. 

Q. Which is the best entrance exam to get into a top BSchool? 

Ans. CAT scores are widely accepted making it the most popular entrance exam to get into the best MBA colleges in India. However, other exams like XAT, CMAT, ATMA, and MAT are also considered for admissions. Since competition is tough for CAT, many students take up these entrance exams to get entry to some of the popular BSchools in India.

Q. How can one check which BSchool to take admissions to?

Ans. The ideal plan to narrow down a BSchool would be to check the top colleges and specializations in which one is interested.  While top BSchools in India can be checked through NIRF and other rankings, the specialization part is individual-specific. Students should also look at facilities, placements, as well as alumni, and connections with all colleges they wish to consider.

Q. Is MBA better than CA? Do their salaries differ? 

Ans. The two degrees are different in not just the subject of study but also the profiles that come after completion. The salary structure differs not just for degrees but also for the experience one has. While MBA is solely management-oriented, CA is commerce related. MBA comes in different specializations while CA does not. An MBA is a two-year course but CA has three levels to clear and takes far more time. It also includes articles which is an integral part of the course while this is not mandatory for an MBA. Many students prefer MBA as it's easy to complete and is less rigorous. Salaries of course differ for both on account of the nature of work.

Q. Can I do an MBA right after completing the XII board examination? 

Ans. No, you cannot. You need to complete graduation from a recognized university and then apply for an MBA. 

Q. What is the most significant advantage of doing an MBA after doing a BTech? 

Ans. Doing MBA after doing engineering is beneficial because you will be able to possess both technical acumen and managerial acumen that is essentially required in the corporate world.

Q. Which is the top MBA College in India?

Ans. The top MBA college in India as per the latest NIRF MBA ranking is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIT-Delhi-DoMS on Number 4, and IIM Kozhikode on Number 5.

Q. Which state in India is best for MBA?

Ans. Uttar Pradesh is the highest applying state for MBA courses followed by Maharashtra, Madhya Pradesh, and Andhra Pradesh.

Q. Which MBA is highly paid in India?

Ans. Engineers India tops the list with MBA graduates getting from Rs 860,168 to Rs 2,800,000 per annum. Larsen & Toubro (L&T) pays anywhere from Rs 840,320 to Rs 2,480,940. Hindustan Unilever, Asian Paints, and Whirlpool are companies that value MBA degrees and pay salaries ranging from Rs 780,000 to Rs 2,000,000.

Q. Which university is best for MBA with low fees?

Ans. Register now for the latest MBA Exam & Admissions Updates

Top MBA College with Low Fees	Program Fee
Faculty of Management Studies (FMS) Delhi – University of Delhi	Rs. 1,94,000
Delhi School of Economics, Delhi University	Rs. 32,000
GGSIPU, Delhi	Rs. 59,000
PUMBA, Pune	Rs. 1,34,000

Q. Can I do MBA without fees?

Ans. Free MBA Programs

There are actually some business schools that offer tuition-free accredited MBA programs. The Block School of Management at the University of Missouri-Kansas City offers its MBA program for free to all students enrolling in Fall 2016.