List of Best Colleges in India for MBA

List of Best Colleges in India for MBA

List of Best colleges in India for MBA – The best college for MBA as per the latest NIRF ranking MBA colleges in India is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4, and IIT-Delhi-DoMS on Number 5. The top B schools in India include 20 IIMs (IIM Ahmedabad) and other IITs and private MBA colleges

List of Best colleges in India for MBA, including the top 50 MBA colleges in India, with good placements, for a two years MBA Program. Get the list of top B-Schools which accept CAT, XAT, GMAT, SNAP, TISS, NMAT, IIFT, and MAH-CET. Formfees has compiled the list of MBA colleges – Top 50 MBA colleges in India with detailed fees and placements. There are the Best MBA Colleges in India and are the top MBA colleges with a 100 percent placement record. The top 50 Business Schools in India list is given below in the article.

Top 5 MBA colleges in India | List of Best colleges in India for MBA

1. India School of Business (ISB)
2. Faculty of Management Studies – Delhi University.
3. SPJIMR Mumbai.
4. XLRI Jamshedpur.
5. MDI – Gurgaon.

In the List of Best colleges in India for MBA, State Wise provides 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.

List of Best colleges in India for MBA

• IIT Kanpur
• DMS IIT Delhi
• IIT Roorkee
• DoMS IIT Madras
• SJMSOM IIT Bombay
• IIT Kharagpur

Around 31 percent of MBA colleges have a fee structure that ranges from INR 10-20 lakh. Some of these colleges are:

• IIM Lucknow
• IIM Udaipur
• IIM Raipur
• IIM Ranchi
• IIM Indore

Around 6 per cent of MBA colleges have a fee structure of more than INR 20 lakh. Some of these colleges are:

• IIM Ahmedabad
• IIM Bangalore
• IIM Calcutta
• MDI Gurgaon
• XLRI, Jamshedpur
• XIM Bhubaneswar

List of Best colleges in India for MBA ranking

IIM Ahmedabad leads the list of the best MBA institutions located in India then IIM Bangalore, then IIM Kolkata and on. NIRF rankings that showcase the top MBA schools in India 2021 include the previous three colleges, as well as IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon among others. Careers360 have released their ranking for the best MBA schools in India in 2022. The list includes the three top IIMs along with a range of the best BSchools of India which have made their contribution to the country.

List of Best Colleges in India for MBA NIRF Ranking

Every year, the ‘National Institutional Ranking Framework’ analyzes the overall performance of all institutions in several streams and publishes the results. On September 9, the NIRF rankings for top MBA institutions in India for 2021 were revealed.

Top 10 MBA colleges in India as per NIRF 2021 | List of Best colleges in India for MBA

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

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.

Rank In 2019	Rank In 2020	Rank In 2021	Business School	Total Score	Private/Public	Zone
-	-	33	SOIL Gurgaon	3,606	Private	North
-	-	34	LBSIM Delhi	3,604	Private	North
-	-	35	IFIM Bangalore	3,400	Private	South
1	1	1	IIM Ahmedabad	10,008	Public	West
2	2	3	IIM Calcutta	9,862	Public	East
3	3	2	IIM Bangalore	9,982	Public	South
4	4	4	FMS Delhi	9,222	Public	North
5	5	6	XLRI Jamshedpur	8,756	Private	East
6	6	5	IIM Lucknow	8,794	Public	North
7	7	7	IIM Kozhikode	8,550	Public	South

List of Best colleges in India for MBA with fees

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.  

List of Best colleges in India for MBA (Private & Government)

In India, there are around 3,000 private MBA institutions, over 500 public/government MBA colleges, and approximately 70 public-private MBA colleges.

Here is the list of 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

List of Best Colleges in India for MBA | Here is the List of Top 10 Government Colleges for MBA

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

Of the best MBA schools in India some of them are listed as the top of all of the world’s. For instance, in the ranking of Asia-Pacific B-Schools 2020 by Bloomberg Businessweek, the ISB is ranked in the fifth position , while IIM Bangalore has been ranked as sixth.

IIM Ahmedabad, IIM Bangalore, and SPJIMR are also listed as among the top 50 institutions in the world in the most recent Financial Times Masters in Management (MiM) Rankings 2021. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th, and IIM Bangalore has been ranked 47th. Find out more details MBA rankings and the top MBA schools in India.

If you don’t want to leave your state of origin for further studies, but you would like to complete the MBA in your state of origin There is no reason to worry since in this section, we have listed the top MBA schools in the state of California as per the NIRF ranking. We have included some schools on this list that are not ranked however, as states do not have any colleges, therefore we have included the names of the colleges that participate of this NIRF ranking for 2020.

State	List of Best colleges in India for MBA	NIRF Ranking
Assam	Assam Don Bosco University Centre for Management Studies Assam Downtown University	– – –
Andhra Pradesh	Sree Vidyanikethan Institute of Management Allagadda Institute of Management Science	– –
Arunachal Pradesh	Institute for Financial Management and Research Koneru Lakshmaiah Education Foundation University	53 70
Chandigarh	Panjab University	42
Chhattisgarh	Indian Institute of Management Raipur	19
Delhi	Indian Institute of Delhi Indian Institute of Foreign Trade International Management Institute Jamia Millia Islamia Fore School of management Guru Gobind Singh Indraprastha University	8 26 28 34 43 57
Gujarat	Indian Institute of Management Ahmedabad Nirma University Institute of Rural Management Anand Pandit Deendayal Petroleum University	1 44 72 74
Goa	Goa Institute of Management	48
Haryana	Management Development Institute Indian Institute of Management Rohtak BML Munjal University	10 21 37
Himachal Pradesh	Career Point University Himalayan Institutes of management Sadhoura road, Sirmour Himachal Pradesh University	– – –

Eligibility Criteria for Admission in MBA Program

To be accepted into the top B schools it is necessary to be able to pass an entrance examination in the name of the institution that offers admission to their institutions when you pass it. There are various MBA entrance tests, however, the CAT test is one of the few widely accepted by universities; that is why around 1000 plus colleges in India accept applicants by CAT scores.

There are other entrance exams on behalf of the institution that offers admission, however, they are only available to a handful of schools. Therefore, before making any college selections make sure you know the entrance test is offered by the college that grants admission to MBA.

Below we have mentioned a list of entrance examinations that on clearing students can get admission to the MBA program.

1. CAT
2. XAT
3. GMAT
4. CMAT
5. MAT
6. NMAT
7. ATMA
8. MAH CET
9. SNAP
10. IBSAT

List of Best Colleges in India for MBA Eligibility Criteria

It is not enough to have passed the entrance exam since there are other standards that must be satisfied before admission to any college. Individual colleges set these requirements, and if you do not fulfill them, you will not be admitted to that university. 

So, before taking the admission examination, you should look into the college’s qualifying conditions. Below are some of the common features that institutions look for:

1. The candidate should hold a bachelor’s degree with a minimum of 50% marks but some university percentage criteria are 75%. So, it depends on the university where you are seeking admission.
2. Candidates who belong to the reserved category will surely get some relaxation as applicable.
3. Those who are looking for their bachelor's exam result can also apply for the program but their admission will only be completed once they submit their mark sheet and certificate.

List of Best Colleges in India for MBA 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 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

The Top MBA colleges In India State Wise 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.

the MBA colleges In India fees list.

• IIT Kanpur
• DMS IIT Delhi
• IIT Roorkee
• DoMS IIT Madras
• SJMSOM IIT Bombay
• IIT Kharagpur

Around 31 per cent of MBA colleges have a fee structure that ranges from INR 10-20 lakh. Some of these colleges are:

• IIM Lucknow
• IIM Udaipur
• IIM Raipur
• IIM Ranchi
• IIM Indore

Around 6 per cent of MBA colleges have a fee structure of more than INR 20 lakh. Some of these colleges are:

• IIM Ahmedabad
• IIM Bangalore
• IIM Calcutta
• MDI Gurgaon
• XLRI, Jamshedpur
• XIM Bhubaneswar

Top MBA colleges in India with ranking

IIM Ahmedabad leads the list of the best MBA institutions located in India then IIM Bangalore, then IIM Kolkata and on. NIRF rankings that showcase the top MBA schools in India 2021 include the previous three colleges, as well as IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon among others. Careers360 have released their ranking for the best MBA schools in India 2022. The list includes the three top IIMs along with a range of the best BSchools of India which have made their contribution to the country.

Top MBA Colleges in India NIRF Ranking

Every year, the ‘National Institutional Ranking Framework’ analyzes the overall performance of all institutions in several streams and publishes the results. On September 9, the NIRF rankings for top MBA institutions in India for 2021 were revealed.

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

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.

Rank In 2019	Rank In 2020	Rank In 2021	Business School	Total Score	Private/Public	Zone
-	-	33	SOIL Gurgaon	3,606	Private	North
-	-	34	LBSIM Delhi	3,604	Private	North
-	-	35	IFIM Bangalore	3,400	Private	South
1	1	1	IIM Ahmedabad	10,008	Public	West
2	2	3	IIM Calcutta	9,862	Public	East
3	3	2	IIM Bangalore	9,982	Public	South
4	4	4	FMS Delhi	9,222	Public	North
5	5	6	XLRI Jamshedpur	8,756	Private	East
6	6	5	IIM Lucknow	8,794	Public	North
7	7	7	IIM Kozhikode	8,550	Public	South

Top MBA Colleges in India with fees

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 the 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. 

List of Top MBA Colleges in India (Private & Government)

In India, there are around 3,000 private MBA institutions, over 500 public/government MBA colleges, and approximately 70 public-private MBA colleges.

Here is the list of topnPrivate 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

Here is the list of Top 10 Government Colleges for MBA

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

Of the best MBA schools in India, some of them are listed at the top of all the world. For instance, in the ranking of Asia-Pacific B-Schools 2020 by Bloomberg Businessweek, the ISB is ranked in the fifth position, while IIM Bangalore has been ranked sixth.

IIM Ahmedabad, IIM Bangalore, and SPJIMR are also listed as among the top 50 institutions in the world in the most recent Financial Times Masters in Management (MiM) Rankings 2021. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th, and IIM Bangalore has been ranked 47th. Find out more details on MBA rankings and the top MBA schools in India.

If you don’t want to leave your state of origin for further studies, but you would like to complete the MBA in your state of origin There is no reason to worry since in this section, we have listed the top MBA schools in the state of California as per the NIRF ranking. We have included some schools on this list that are not ranked however, as states do not have any colleges, therefore we have included the names of the colleges that participate in this NIRF ranking for 2020.

State	Top MBA College name	NIRF Ranking
Assam	Assam Don Bosco University Centre for Management Studies Assam Downtown University	– – –
Andhra Pradesh	Sree Vidyanikethan Institute of Management Allagadda Institute of Management Science	– –
Arunachal Pradesh	Institute for Financial Management and Research Koneru Lakshmaiah Education Foundation University	53 70
Chandigarh	Panjab University	42
Chhattisgarh	Indian Institute of Management Raipur	19
Delhi	Indian Institute of Delhi Indian Institute of Foreign Trade International Management Institute Jamia Millia Islamia Fore School of management Guru Gobind Singh Indraprastha University	8 26 28 34 43 57
Gujarat	Indian Institute of Management Ahmedabad Nirma University Institute of Rural Management Anand Pandit Deendayal Petroleum University	1 44 72 74
Goa	Goa Institute of Management	48
Haryana	Management Development Institute Indian Institute of Management Rohtak BML Munjal University	10 21 37
Himachal Pradesh	Career Point University Himalayan Institutes of management Sadhoura road, Sirmour Himachal Pradesh University	– – –

Eligibility Criteria for Admission in MBA Program

To gain admission to a top-tier B school, you must first pass one of the entrance tests on behalf of which institution grants admission to their schools if you pass it. There are other MBA entrance tests, but CAT is the only one that is widely accepted by institutions; as a result, about 6000+ colleges in India give admission based on CAT scoring.

However, there are some other entrance tests on behalf of which institution gives admission, but they are confined to a few schools, thus before making any college preferences, you should verify which entrance exam that college offers admission in MBA.

Below we have mentioned a list of entrance examinations that on clearing students can get admission to the MBA program.

1. CAT
2. XAT
3. GMAT
4. CMAT
5. MAT
6. NMAT
7. ATMA
8. MAH CET
9. SNAP
10. IBSAT

Other Eligibility Criteria

It is not enough to have qualified for the entrance examination since there are additional requirements that must be met in order to be admitted to any college. These criteria are defined by the individual colleges and if you do not meet them, you will not be admitted to that institution. 

So, before taking the entrance examination, you should examine the eligibility requirements of the college you want to attend. We have included some of the common qualities that institutions demand below:

• The candidate should hold a bachelor’s degree with a minimum of 50% marks but some university percentage criteria are 75%. So, it depends on the university where you are seeking admission.
• Candidates who belong to the reserved category will surely get some relaxation as applicable.
• Those who are looking for their bachelor's exam result can also apply for the program but their admission will only be completed once they submit their mark sheet and certificate.

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 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 Lauknow 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

Frequently Asked Questions

Q1. Which is the top MBA college in India?

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

Q2. How can I decide which is the best college for MBA?

Ans. The candidates must keep in mind the following while choosing an MBA college – government recognition, degree/diploma, curriculum and pedagogy, infrastructure, ranking, location, fees, and placement record.

Q3. Which is the No 1 MBA college in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata, and so on.

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

Q4. Which MBA college has the best placement?

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

Q5. Where is the best business school in India?

Ans. Top 50 Business Schools in India as per IIRF 2020, the list is given above in the article. 

Cluster Rank	Business School	City
1	Indian Institute of Management	Bangalore
2	Faculty of Management Studies, University of Delhi	Delhi
	Indian School of Business (ISB)	Hyderabad
	IIFT	New Delhi

Q6. Which is the No 1 MBA college in India?  Top 50 Business Schools in India

Ans. 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.

Q7. Which institute is best for MBA in India? Top 50 Business Schools in India

Ans.  IIM Bangalore is ranked No 1 B-school in India. IIM Ahmedabad and IIM Calcutta are ranked No 2 & 3 respectively. In spite of stiff competition from IIMs, Top PGDM B-schools XLRI, SPJIMR, MDI, NMIMS, IMT, and IMI have held on to their leadership.

Q8. Which is the cheapest IIM in India?

Ans. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. Ahmedabad, the most expensive of the country’s eight IIMs, charges.

Q9. Is IIM better or ISB? 

Ans. According to FT rankings for Business Schools 2022, in terms of percentage of International Faculty, ISB scores 13 percent, IIMB scores 8 percent, IIMA scores 2 percent, and IIMC 3 percent. The International mobility rank of ISB in FT rankings 2022 is 88, IIMB ranks at 82, IIMA ranks at 72, and IIMC ranks at 89.

Q10. Which ranking is best for MBA? Top 50 Business Schools in India

Ans. Rankings Full-time MBA Ranking 2021

Rank	Business School	Band Overall
1	IESE Business School	A
2	HEC Paris Business School	A
3	University of Michigan - Stephen M. Ross School of Business	A
4	New York University - Leonard N Stern School of Business	A

Q11. Why IIM fees is so high?

Ans. Although IIMs are government institutes, most IIMs are self-reliant and do not depend on government for funding. Hence to attract quality professors they need to charge a higher fee.

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