Table of Contents
Best private MBA colleges in India placement-wise-
Top MBA institutions in India with low tuition provide MBA programs with a great return on investment. Among the top B-schools in India offering inexpensive MBAs are FMS, JBIMS, SIMSREE, PUMBA, UBS, USMS, and SRM. They offer prices ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA program, whereas many of the more expensive MBA institutes demand fees ranging from Rs.18 lakhs to Rs.25 lakhs.
According to NIRF Ranking and other B-School polls such as The Times and India Today, the Best MBA Colleges in India include IIM Calcutta, IIM Ahmadabad, IIM Bangalore, and so on.
In this article, you can see the Best private MBA colleges in India placement wise 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 are the average fees for an 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.
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.
List of top 15 Private MBA Colleges in India
1) Xavier School of Management, Jamshedpur
Address: Rivers Meet Road, Circuit House Area, East, Jamshedpur, Jharkhand 831001
Phone: 0657 665 3333
Website: https://www.xlri.ac.in
2) Indian School of Business, Hyderabad
Address: Gachibowli, Hyderabad, Telangana 500032
Phone: 040 2300 7000
Website: https://www.isb.edu
3) S.P. Jain Institute of Management and Research, Mumbai
Address: Inside Bhavans College Campus, Munshi Nagar, Dadabhai Road, Andheri West, Mumbai, Maharashtra 400058
Phone: 022 2623 7454
Website: http://www.spjimr.org
4) Birla Institute of Management Technology, Greater Noida
Address: Plot Number 5, Knowledge Park 2, NCR, Greater Noida, Uttar Pradesh 201306
Phone: 093550 24501
Website: https://www.bimtech.ac.in
5) Symbiosis School of Business Management, Pune
Address: Symbiosis Knowledge Village, Gram Lavale, Tal Mulshi, Pune, Maharashtra 412115
Phone: 020 2811 6000
Website: https://www.sibm.edu
6) Narsee Monjee Institute of Management Studies, Mumbai
Address: V. L. Mehta Road, Vile Parle, Mumbai, Maharashtra 400056
Phone: 022 4235 5555
Website: https://www.nmims.edu
7) Great Lakes Institute of Management, Chennai
Address: Dr. Bala V. Balachandar Campus, East Coast Road,Manamai Village, Thirukazhukundram Taluk, Kancheepuram District, Manamai, Tamil Nadu 603102
Phone: 044 3080 9000
Website: https://www.greatlakes.edu.in
8) International Management Institute, Delhi
Address: B 10, Tara Crescent, Block B, Qutab Institutional Area, New Delhi, Delhi 110016
Phone: 011 4719 4100
Website: http://www.imi.edu
9) TA Pai Management Institute, Manipal
Address: Badagabettu Road, Manipal, Karnataka 576104
Phone: 0820 270 1000
Website: https://www.tapmi.edu.in
10) Mudra Institute of Communications, Ahmedabad
Address: Telav – Ghuma Rd, Shela, Gujarat 380058
Phone: 02717 308 250
Website: https://www.mica.ac.in
11) Institute of Management Technology, Ghaziabad
Address: Raj Nagar, Ghaziabad, Uttar Pradesh 20100
Phone: 0120 300 2200
Website: https://www.imt.edu
12) The Institute of Chartered Financial Analysts of India, Hyderabad
Address: Survey No. 156/157, IFHE-IBS Campus, Donthanapally, Shankarapalli, Hyderabad, Telangana 501203
Phone: 040 2347 9725
Website: http://www.ibshyderabad.org
13) Welingkar Institute, Mumbai
Address: Lakhamsi Napoo Road, Opp.Matunga Gymkhana, Matunga, Mumbai, Maharashtra 400019
Phone: 022 2419 8300
Website: https://www.welingkar.org
14) Loyola Institute of Business Administration, Chennai
Address: 1, Mahalingapuram Main Road, 1, Sterling Rd, Mahalingapuram, Nungambakkam, Chennai, Tamil Nadu 600034
Phone: 044 2817 7100
Website: https://liba.edu
15) Amity Business School, Noida
Address: E-2 Block Room No.- GA 05, Sector 125, Noida, Uttar Pradesh 201303
Phone: 098186 00962
Website: http://noida.agbs.in
(the list above is not arranged in order)
Best MBA Colleges in India with Low Fees
S. No. | College | Scores Accepted | Flagship Program Name | Course/Tuition Fee (in Rs.) | Average Salary Package (Rs. Lakh Per Annum) |
---|---|---|---|---|---|
1 | FMS, Delhi | CAT | Full-Time MBA | 20,960 | 20.96 |
2 | Department of Financial Studies (DFS), DU | CAT | MFC / MBE | 48,000 | 9.2 |
3 | Delhi School of Economics, DU | CAT | MBA (IB/HRD) | 31392 | 13 to 14 |
4 | Tata Institute of Social Sciences (TISS), Mumbai | TISSNET | MBA in HRM and LR | 1,14,600 | 20.06 |
5 | Pune University Department of Management Sciences (PUMBA) | For Maharashtra candidates- MAH CET For OMC: CAT/MAT/ATMA/XAT/ MAH CET | Full-time MBA | For Maharashtra state candidates: 1.32 lakh For all other state candidates: 1.33 lakh | 7.6 |
6 | KJ Somaiya Institute of Management Studies and Research, Mumbai | CAT / CMAT / GMAT / XAT | PGDM | 12,35,850- Tuition Fees | 10.05 |
MBA colleges in India with good placement and low fees
1. Faculty of Management Studies, Delhi – Current tuition fee is 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 cheapest 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.
2. 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, the 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..
3. 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.
4. 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, result 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.
5. 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.
6. 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 program 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 slightly higher fees to help students in arranging for the MBA Programme.
Top B-schools with fee below Rs. 10 lakh
S. No. | College | Scores Accepted | Flagship Program Name | Course/Tuition Fee (in Rs.) | Average Salary Package (in Rs. Lakh Per Annum) |
---|---|---|---|---|---|
1 | Jamnalal Bajaj Institute of Management Studies, (JBIMS) Mumbai | CAT/ XAT/ MAH CET/CMAT | Full-time Masters in Management Studies (MMS) | 3 lakh | 18.91 |
2 | NITIE, Mumbai | CAT | PGDIM/PGDISEM, Fellowship Program, PGDIE, PGDMM, and PGDPM. | 7 lakh | 19.77 |
3 | DMS, IIT Delhi | CAT | Full Time MBA | 8 lakh | 16.54 |
4 | DMS, IIT Roorkee | CAT | 2 years PGDM | 8.24 lakh | 9.18 |
5 | Shailesh J. Mehta School of Management, IIT Bombay | CAT | 2 Years Full-Time MBA/ MMS | 8.15 lakh | 25.8 |
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 programme 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.
2. 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 the 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.
3. Department of Management Studies (DMS) at IIT Delhi, Delhi – Current fees are 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.
4. 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.
5. 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. | College | Scores Accepted | Flagship Program Name | Course/Tuition Fee (in Rs.) | Average Salary Package (in Ra. Lakh per Annum) |
---|---|---|---|---|---|
1 | Institute of Management, BHU, Varanasi | CAT | MBA, specialization in Agri-Business and International Business also offered | 98,888/- | 6 to 7 |
2 | Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata | CAT/MAT | MBA | 3.65 lakh | 4.5 |
3 | Institute of Business Management, Jadavpur University | CAT/MAT/XAT/ATMA/JEMAT | MBA | 3.1 lakh | 10 |
4 | Pune Institute of Business Management, Pune | JEMAT/MAT | MBA | 7.95 lakh | 7 |
5 | Indian Institute of Forest Management (IIFM), Bhopal | CAT / XAT | MBA in Forest Management | 6.24 lakh | 6.97 |
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.
2. 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.
3. 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 counseling). 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.
4. Pune Institute of Business Management – Current fee Rs 4.5 lakh
Pune Institute of Business Management 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 counseling based on the rank earned in the CAT/MAT/XAT/CMAT/ATMA/GMAT/Aptitude PIBM 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.
5. 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 program, 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 college 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 admissions. The details of the top MBA colleges in India both private and public are given below.
Top Private MBA colleges with Fee
S. No | Name of the college | Total Course Fee |
---|---|---|
1 | XLRI Xavier College of Management, Jamshedpur | Rs 25.80 lakhs |
2 | MDI Gurgaon | Rs 18.51 lakhs |
3 | SPJIMR, Mumbai | Rs 19 lakhs |
4 | Great Lakes, Chennai | Rs 15.86 lakhs |
5 | TAPMI Manipal | Rs 16 lakhs |
Top Public MBA Colleges with Fee
S.No | Name of the college | Course fee to be paid |
---|---|---|
1 | Indian Institute of Management, Ahmedabad | Rs 23 lakhs |
2 | Indian Institute of Management, Bangalore | Rs 23 lakhs |
3 | Indian Institute of Management, Calcutta | Rs 23 lakhs |
4 | Indian Institute of Management, Lucknow | Rs 19 lakhs |
5 | Faculty of Management Studies University of Delhi | Rs 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 is given below.
Top IIMS with cutoff (expected)
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 |
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 |
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 in November and December. The IIM Selection Process and criteria differ 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.No | Name | Location | Year of Est. | NIRF 2021 Rank | NIRF 2020 Rank | Courses Offered |
---|---|---|---|---|---|---|
1 | IIM Bangalore (IIM B) | Karnataka | 1973 | 2 | 2 | Post Graduate Programme (PGP) Post Graduate Programme in Enterprise Management (PGPEM) Post Graduate Programme in Public Policy & Management (PGPPM) Executive Post Graduate Programme in Management |
2 | IIM Ahmedabad (IIM A) | Gujarat | 1961 | 1 | 1 | Post 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) |
3 | IIM Calcutta (IIM C) | West Bengal | 1961 | 3 | 3 | Post 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) |
4 | IIM Lucknow (IIM L) | Uttar Pradesh | 1984 | 7 | 4 | Post 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) |
5 | IIM Indore (IIM I) | Madhya Pradesh | 1996 | 6 | 7 | Post 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) |
6 | IIM Kozhikode | Kerala | 1996 | 4 | 6 | Post 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) |
7 | IIM Udaipur | Rajasthan | 2011 | 18 | 17 | Post Graduate Programme (PGP) Post Graduate Program in Management for Executives (PGPX) Entrepreneurs Post Graduate Programme (PGP) Fellow Program in Management MDP for Women |
8 | IIM Trichy | Tamil Nadu | 2011 | 17 | 15 | Postgraduate Programme in Management (PGPM) PGPBM Fellow Programme in Management (FPM) |
9 | IIM Raipur | Chhatisgarh | 2010 | 15 | 19 | Post Graduate Programme (PGP) Executive Fellow Program in Management (EFPM) Fellow Programmes in Management (FPM) Post Graduate Programme for Working Executives (PGPWE) |
10 | IIM Rohtak | Haryana | 2010 | 28 | 21 | Post 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 their students in order to maintain an adequate MBA college ranking.
Top business schools in India
CL' Rank | Name of B-Schools |
---|---|
1 | Indian School of Business (ISB) Hyderabad |
2 | Indian Institute of Management (IIM-A) Ahmedabad |
3 | Indian Institute of Management (IIM-C) Kolkata |
4 | Indian Institute of Management (IIM-B) Bangalore |
5 | Xavier Labor Research Institute (XLRI) Jamshedpur |
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.
The 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:
- Ramaiah Institute of Technology, Bengaluru
- TIET/Thapar University
- Manipal Main Campus
- VIT Vellore
- SRM Main Campus
- KIIT, Bhubaneswar
- 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:
- BMS College, Bangalore
- PES University, Bangalore
- USIT, Delhi
- MAIT, Delhi
- MSIT, Delhi
- Dayanand College of Engineering, Bangalore
- Heritage Institute of Technology, Kolkata
- IEM, Kolkata
- Techno India, Kolkata
- Jaypee, Noida
- Amrita University, Coimbatore
- 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, and 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 schools in 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 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 – 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 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 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 EXL Services Morgan Stanley |
Frequently Asked Questions
1. Which is the cheapest college for MBA in India?
Ans. Cheapest colleges to study MBA courses in India – Placement
Name of the college | Average/Median Salary (in Rs.) |
---|---|
Delhi School of Economics, DU | - |
Tata Institute of Social Sciences (TISS), Mumbai | Rs. 4.80 lakhs |
Pune University Department of Management Sciences (PUMBA) | - |
FMS BHU | Rs. 7.20 lakhs |
2. Which MBA college gives the best placement in India?
Ans. Top MBA Colleges in India According to the Placements
#Rank | Name of the College | Highest Salary |
---|---|---|
1 | IIM Ahmedabad | INR 39.81 Lakhs |
2 | IIM Bangalore | INR 01.00 Crore |
3 | IIM Calcutta | INR 75.00 Lakhs |
4 | FMS Delhi | INR 20.10 Lakhs |
3. Which type of MBA is best?
Ans. Top MBA Specialization in India 2022
- MBA in Marketing Management.
- MBA in Financial Management.
- MBA in Human Resource Management.
- MBA in International Business.
- MBA in Logistics Management.
- MBA in Supply Chain Management.
- MBA in Enterprise Management.
- 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, and 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 a 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.