Best MBA University in India 

Best University for MBA in India

A Master of Business Administration (MBA) degree is an advanced postgraduate course, and mastering the skills needed to succeed in it requires careful thought. The MBA is a degree that provides the necessary skills to design, implement and monitor business strategies. The MBA also broadens your understanding of the wider business environment. The best University for MBA in India offers courses that provide the theoretical and practical application of management principles for achieving professional success.

The top MBA colleges in India based on the MHRD-NIRF ranking 2021 are IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Kozhikode, and IIM Indore. In addition to the Top 10 B-Schools listed by NIRF, Outlook, India Today, and Business Today, other popular B-Schools include MDI Gurgaon, XLRI Jamshedpur, IMI, IMT, VIT, SPJIMR, Fore School of Management, and the Department of Management Studies of the IITs.

Among the top MBA colleges in India, a few are consistently ranked as the best in the world. For example, the ISB was ranked fifth in Bloomberg Businessweek’s Asia-Pacific B-Schools ranking 2021, while IIM Bangalore was ranked sixth.

Highlights: Top MBA Colleges in India

The MBA programme offers a wide range of job and entrepreneurial opportunities. Business administration and operations are important aspects of running an organization, and this course provides training and knowledge in these areas. In addition to developing communication skills, the MBA programme develops leadership characteristics.

The MBA program is open to students from all backgrounds, including science, commerce, and humanities. Among all MBA programs, the full-time MBA is most popular and includes theory classes, practical projects, and internships. Full-time MBAs are popular among recent graduates and candidates with some work experience. Over 5,000 MBA colleges in India offer courses in various specialisations. While some B-Schools offer MBA degrees, others offer PG diplomas (PGDM/PGPM). Here is the highlights: Top MBA Colleges in India.

Parameters	Particulars/ Statistics
No. of MBA Colleges in India	5,000 (Approximately)
Fees	-Annual fee < Rs 10 lakh: 6% - Annual fee >Rs 10 lakh: 94%
Top Specialisations	General Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism
Admission Process	Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP
Top MBA Colleges in India	IIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc.

Top 10 MBA Colleges in India

Here is the list of Top 10 MBA Colleges in India. This Top 10 MBA Colleges in India is selected based on rankings, fees structure, placement report and more. You will get to know the details of Top 10 MBA colleges in India.

Grade	Rank	MBA College	City	Program	Exams	Fees	Compare
AAA+	1	IIM Bangalore: Indian Institute of Management	Bangalore	Post Graduate Programme in Management (PGP) Leading to MBA Degree	CAT, GMAT	INR 23,20,000	Add to compare
AAA+	2	IIM Ahmedabad: Indian Institute of Management	Ahmedabad	Post Graduate Programme in Management (PGP)	CAT, GMAT	INR 23,00,000	Add to compare
AAA+	3	IIM Calcutta: Indian Institute of Management	Kolkata	Post Graduate Diploma in Management (PGDM)	CAT, GMAT	INR 22,60,000	Add to compare
AAA+	4	IIM Lucknow: Indian Institute of Management	Lucknow	Post Graduate Programme in Management (PGPM)	CAT, GMAT	INR 19,25,000	Add to compare
AAA+	Not Ranked	XLRI Jamshedpur: Xavier School of Management	Jamshedpur	Post Graduate Diploma in Business Management (PGDM - BM)	XAT, GMAT	INR 23,60,000	Add to compare
AAA+	Not Ranked	ISB Hyderabad: Indian School of Business	Hyderabad	Post Graduate Programme in Management	GRE, GMAT	INR 22,50,000	Add to compare
AAA	5	IIM Kozhikode: Indian Institute of Management	Kozhikode	Post Graduate Program in Management (PGPM)	CAT, GMAT	INR 19,00,000	Add to compare

Top MBA Colleges in India with NIRF Ranking 2021

Under the National Institutional Ranking Framework, or NIRF, the Ministry of Education, Government of India, publishes an annual ranking of the top MBA colleges in India. The all-India ranking is given to the top 100 MBA colleges in India based on a variety of criteria, including teaching, learning, and resources, research and professional practices, graduation outcomes, outreach and inclusivity, and perception. On September 9, the NIRF rankings for top MBA colleges in India for 2021 were released.

Grade	Rank	MBA College	City	Program	Exams	Fees	Compare
AAA	6	SPJIMR Mumbai: SP Jain Institute of Management and Research	Mumbai	Post Graduate Diploma in Management (PGDM)	CAT, GMAT	INR 19,00,000	Add to compare
AAA	7	IIM Indore: Indian Institute of Management	Indore	Post Graduate Programme in Management (PGP)	CAT, GMAT	INR 16,50,000	Add to compare
AAA	8	IIFT New Delhi: Indian Institute of Foreign Trade	New Delhi	MBA in International Business	IIFT	INR 18,25,000	Add to compare
AAA	9	MDI Gurgaon: Management Development Institute	Gurugram	Post Graduate Programme in Management (PGPM)	CAT, GMAT	INR 20,86,670	Add to compare
AAA	10	NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM	Mumbai	Master of Business Administration (MBA)	NMAT	INR 20,80,000	Add to compare

The following is a list of the top 10 MBA colleges in India, according to the NIRF ranking for 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	71.1
IIM Lucknow	7	71.02
XLRI, Jamshedpur	8	69.93
IIT Kharagpur	9	69.5
SJMSOM, IIT Bombay	10	68.08

Top MBA Colleges in India with Fees

This is an important factor that influences student selection during admissions. Many students research the top MBA colleges in India with fees in order to better understand and prepare for admissions. In India, there are over 3,000 private MBA colleges, over 500 public/government MBA colleges, and approximately 70 public private MBA colleges. The top MBA colleges in India, both private and public, with their fees structure are listed below.

Top 10 Government MBA Colleges in India:

Public Colleges	Course Fee (in Rs)
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

Top 10 Private MBA Colleges in India:

Private Colleges	Course Fee (in Rs)
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 MBA Colleges in India – Placement Wise

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 10 MBA colleges in India based on placement data. The specifics are listed in the table below.

Name of the college	Median Salary	Top Recruiters coming to the college
Indian Institute of Management, Bangalore	Rs 28.60 LPA (Source: IIM Bangalore placement report)	Urban Clap Aditya Birla Group Google JP Morgan Asian paints American Express
Indian Institute of Management, Calcutta	Rs 27.67 LPA (Source: IIM Kolkata placement report)	Dabur Whirlpool Nokia Dell Oracle Viacom 18
Indian Institute of Management, Ahmedabad	Rs 25 LPA (source: IIM Ahmedabad placement report 2020)	Airtel Accenture Grofers Flipkart Microsoft HSBC
Indian Institute of Management, Lucknow	Rs 23.5 LPA (Source: IIM Lucknow placement report)	Axis Bank Ebay Coca-cola Yahoo Cadbury Godrej
Indian Institute of Technology, Kharagpur	17.12 LPA (Source: VGSOM Placement Report)	UBS VISA Facebook EXL Services Linkedin Morgan Stanley

Top MBA Colleges in India ROI

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 offer 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:

Name of the College	Average Annual Fee (in Rs)	Average Placement Package (in Rs)
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

Top MBA Colleges in India – Cutoff

Most aspirants look for top MBA colleges in India cutoffs so that they can prepare and aim for the same. The majority 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 the top MBA colleges in India Cut Offs.

Name of the College	Average Annual Fee (in Rs)	Average Placement Package (in Rs)
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

Top Management Colleges in India Admission Procedure

Before applying to any of top MBA colleges in India, one of the first things to look into is eligibility. Some of the most common eligibility criteria for MBA admissions are as follows:

• Applicants must have completed their graduation-level studies from a recognized university and earned a minimum of 50% as an aggregate mark during that time.
• Students in their final year of college can also apply for MBA programmes at top colleges in India.

Frequently Asked Questions about Best MBA University in India 

Q. Which is the top MBA college in India?

Ans. According to the most recent NIRF rankings, IIM Ahmedabad is the best MBA college in India. IIM Bangalore is ranked second, IIM Calcutta is ranked third, IIM Lucknow is ranked fourth, and IIT-Delhi-DoMS is ranked fifth.

Q. Between a private and a government MBA college, which is better?

Ans. Any MBA college that is UGC recognised and AICTE-approved is a good choice because they provide the most up-to-date curriculum. However, the candidate must decide which MBA college to attend from among private and public institutions. Private institutions have better infrastructure, but government institutions have lower fees.

Q. Which are the top MBA colleges in India?

Ans. IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more are among the top MBA colleges in India.

Q. How much does MBA in India cost?

Ans. The average tuition fee for top MBA colleges in India is approximately INR 10,68,413 per year.

Q. Is Cat necessary for MBA?

Ans. No, the candidate must have taken the CAT in order to be admitted to IIM-K. Only CAT scores are accepted by IIMs. IIMs do not accept other entrance exam scores or offer direct admission.

Q. Is GMAT accepted in IIM?

Ans. MBA colleges in India that accept the GMAT include IIMs, ISB, SPJIMR, and many other prestigious institutions. If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programmes both in India and abroad: One-year MBA programmes in India include ISB, IIMs, SPJIMR, XLRI, and Great Lakes.