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Top 20 MBA Colleges in India

List of Best MBA Colleges In India

MBA from a reputed college can be helpful for students in getting good placements. This article contains the List of best MBA colleges in India which are private and public Institutes. The article highlights numerous career possibilities after MBA. It will assist you if you want to learn more about the Best MBA Colleges in India, […]

 Saurav Anand
 Saurav Anand 25/07/2023
25/07/2023
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

MBA from a reputed college can be helpful for students in getting good placements. This article contains the List of best MBA colleges in India which are private and public Institutes.

The article highlights numerous career possibilities after MBA. It will assist you if you want to learn more about the Best MBA Colleges in India, their fee structure, the List of Best MBA colleges in India accepting the Top Entrance Test, and the admissions requirements of MBA colleges in India.

This article contains a List of the Best MBA Colleges in India along with their fee structure, admission requirements, and eligibility. The Master of Business Administration (MBA) degree is recognized all over the world that aims to improve and enhance the skills and expertise required for a business

List of Best MBA Colleges in India that accept applications without an entrance test, and career options after an MBA. Learn about various specializations provided by the Best MBA colleges in India. 

MBA Colleges in India Highlights

More than 5000 colleges in India provide MBAs in various specializations. This article covers information regarding the Best MBA colleges in India

Check key highlights related to Best MBA Colleges in India

DegreeMBA
Full formMaster of Business Administration 
LevelPostgraduate
Duration2 years
EligibilityUndergraduate Degree in any stream with an aggregate of 50% marks
Admission CriteriaEntrance and Direct admission both
Entrance Exams acceptedCAT, MAT, NMAT, XAT, IIFT, SNAP, CMAT, ATMA
Top SpecialisationsFinance, Sales & Marketing, Human ResourcesHealthcare & HospitalOperationsInternational Business, IT & Systems, Business Analytics, Entrepreneurship, Supply Chain, etc.

Why Pursue MBA?

MBA is one of the most popular courses in India since business degrees are highly sought for. The benefit of an MBA is that students from all educational backgrounds can enroll in these courses. 

MBA Colleges in India offer excellent study opportunities as well as good job placement to MBA students. Bangalore, Delhi, and other such cities have emerged as a hotspot for outstanding employment prospects in IT, management, business operations, and administration. Candidates considering pursuing MBA should go through the List of best MBA Colleges in India.

There are various normal MBA colleges in India, and it appears to be the best spot to further your study after graduation. But, before you make a decision, you should acquire more information regarding MBA in India to make a conscious decision for a better tomorrow.

What is the Benefit of doing an MBA?

A Master of Business Administration, MBA is a postgraduate degree. Master of business administration (MBA) teaches both theory and practice in business or investment management. An MBA program is intended to provide graduates with a better knowledge of broad business management duties.

Aspirants may consider getting an MBA degree for a variety of reasons, including:

  • Starting own business/becoming an entrepreneur.
  • Change job profile to improve expertise, enhance knowledge and ensure better networking.
  • Increase the value of one's CV
  • Increase in income

Types of MBA 

Candidates seeking an MBA degree might look for any MBA program like MBA/PGDM, Executive MBA/PGDM, Distance MBA, Online MBA, Part-Time MBA, and so on. Candidates can take a general MBA degree or an MBA degree in a specific specialization. 

A full-time MBA program has a duration of two years, but one-year full-time MBA programs are also available. 

Executive MBA (EMBA) programs are part-time programs developed for professionals with several years of leadership experience who do not meet the admission requirements for a usual MBA. 

The length of executive and part-time MBA programs is determined by the number of credits a student takes in each academic semester or quarter.

MBA Admission Process 2023

Admission to MBA programs in Delhi is dependent on a number of factors, including academic achievement, admission examinations, group discussions, and personal interviews, all of which are organized by the respective colleges. It should be noted, that not all colleges require entrance tests.

The Eligibility criteria for MBA in India are given below. Some of the institutes prefer an entrance test for admission to an MBA, some provide admission based on merit. Read below the eligibility criteria for MBA and the selection process for MBA.

Eligibility Criteria for MBA 2023

  1. The candidate must have completed 10+2 and graduated in any discipline from a certified government board.
  2. The minimum mark for the general category is 50%, and the minimum mark for the reserved categories is 45%.
  3. Students in their final year are also eligible to enroll in this program.
  4. Foreign students must have a valid student visa and passport.
  5. For direct admission (the candidate must not be a current government employee),

The Selection Process for MBA 2023

  1. The entrance result will be used to make the selection.
  2. Students will be chosen based on merit, through GD, personal interviews, and other rounds.
  3. Students who pass these rounds are eligible for admission.
  4. Seats will be assigned according to merit and performance in these rounds.

Students who want admission, especially in IIMs must qualify for CAT or they can also apply through MAT, XAT, CMAT, and ATMA exams. 

Documents Required For Direct Admission

  • UG Provisional certificate/ Mark sheet
  • Identity proof
  • 10th / 12th Passing certificate
  • Graduation certificate
  • Migration certificate
  • Photographs
  • Entrance test mark sheet (if any)
  • Category and domicile certificate (if any)

MBA Specialisation

The following are some of the common MBA specializations provided by the Best MBA colleges in India that applicants might consider before pursuing:

  1. Finance
  2. Healthcare and Hospital
  3. Retail
  4. Human Resources (HR)
  5. IT and Systems
  6. Operations
  7. Entrepreneurship
  8. International Business
  9. Business Analytics
  10. Supply Chain
  11. Sales and Marketing etc.

MBA Scope and Career Opportunity

All over the world, more than 2,500 MBA programs are available for students. And about 5000 institutes in India provide MBAs in different specializations.

The completion of an MBA program demonstrates a commitment to obtaining, improving, and applying skills that can help a firm succeed. Furthermore, professionals with MBAs are more confident in their marketability and the amount of information they can provide to a wide range of activities.

MBA degree enhances the following skills in students

  • Company report analysis
  • Investment portfolio planning
  • Stock value maximization  
  • Economic trend forecasting 
  • Principles of financial risk management etc.

MBA Career Opportunities

There are different specializations in MBA provided by MBA colleges in India. Every specialization has its own career opportunities. Below are the Career opportunities available to students after various specializations.

Career Opportunity after MBA in Finance

  • Finance Manager 
  • Accounting Manager,
  • Financial Manager/Analyst
  • Risk and Insurance Manager, 
  • Cash Manager Treasurer

Career Opportunity after MBA in Healthcare Management

  • Hospital CEO 
  • Hospital Administrator  
  • Healthcare IT Consultant 
  • Pharmaceutical Product Manager 
  • Hospital CFO

Career Opportunity after MBA in HR 

  • Training and Development in Recruitment
  • coordination of employee benefits, and 
  • Payroll management,
  • managing competition

Career Opportunity after MBA in IT and Systems

  • IT Manager/Consultant, 
  • Analytics Manager, 
  • System Manager, and
  • Product Manager,
  • Information Systems Managers, 
  • Systems Analysts
  • Business Development 
  • Business Analyst, 
  • Marketing Manager, 
  • Data Processing Manager, 

Career Opportunity after MBA in Operations

  • Operations Manager, 
  • Inventory Control Managers, and
  • Project Managers, 
  • Supply Chain Manager

Career Opportunity after MBA in Entrepreneurship

  • Owner of a small business, 
  • Business Advisor
  • Corporate Supervisor
  • Sales manager, 
  • Fundraising, and Development

Career Opportunity after MBA in International Business

  • Marketing Analyst
  • Government Affairs Director
  • Export Coordinator
  • Export Manager
  • International Finance Manager
  • Administrative Service Manager
  • International Business Development Manager

Career Opportunity after MBA in Logistics and Supply Chain Management 

  • Supply Chain Performance Analyst
  • Supply Chain Consultant 
  • Demand Planning Analyst
  • Distribution Centre Supervisor
  • VP of Supply Chain Operations
  • Purchase Manager
  • Warehouse Operations Manager
  • Logistics and Transportation Analyst

Career Opportunity after MBA in Sales and Marketing

  • market research analyst 
  • product manager 
  • sales manager 
  • media planner 
  • internet marketing manager

List of Best MBA Colleges in India

If you are seeking to take admission to an MBA in India, then you might take into consideration the below-provided list of best MBA colleges in India

MBA in India is a popular course among youngsters and new graduates. There is a widespread belief that after someone has an MBA, their career trajectory takes off. Unfortunately, though, this is not always the case. 

After receiving their MBAs, not all applicants are able to secure their ideal position and earn a respectable wage. Therefore, everyone has to have clearly defined goals in order to have a successful job after receiving an MBA. 

In order to make it easy for you, the List of Best MBA colleges in India along with their location is provided below:

NIRF RankingTop Management Colleges In India CityState
1ISB HyderabadHyderabadTelangana
2IIM AhmedabadAhmedabad Gujarat
3IIM BangaloreBengaluruKarnataka
4IIM Calcutta KolkataWest Bengal
5XLRI-Xavier School of ManagementJamshedpurJharkhand
6IIM LucknowLucknowUttar Pradesh
7IIM KozhikodeKozhikodeKerala
8IIM IndoreIndoreMadhya Pradesh
9Faculty of Management Studies - FMS Delhi New DelhiDelhi
10Jamnalal Bajaj Institute of Management Studies (JBIMS)New DelhiDelhi
11Management Development InstituteGurgaonHaryana
12IIM MumbaiMumbaiMaharashtra
13IISC Bangalore – Indian Institute of ScienceBangaloreKarnataka
14Indian Institute of Technology BombayMumbaiMaharashtra
15Indian Institute of Foreign Trade, Delhi - IIFTNew DelhiDelhi
16Indian Institute of Technology DelhiNew DelhiDelhi
17Symbiosis Institute of Business ManagementPuneMaharashtra
18S.P. Jain Institute of Management & ResearchMumbaiMaharashtra
19IIM RanchiRanchiJharkhand
20IIM RaipurRaipurChhattisgarh
21IIM UdaipurUdaipurRajasthan
22IIM TiruchirappalliTiruchirappalliTamil Nadu
23MICAAhmedabad Gujarat
24NMIMSMumbaiMaharashtra
25Management Development Institute, MurshidabadMumbaiMaharashtra

Top 20 MBA Colleges in India

Among the list of Best MBA colleges in India, the top 20 MBA Colleges in India are listed below:

S.No.Top MBA Colleges In India 
1ISB Hyderabad, Telangana
2IIM Ahmedabad, Gujarat
3IIM Bangalore, Karnataka
4IIM Calcutta , West Bengal
5XLRI-Xavier School of Management, Jamshedpur
6IIM Lucknow, Uttar Pradesh
7IIM Kozhikode, Kerala
8IIM Indore, Madhya Pradesh
9Faculty of Management Studies - FMS Delhi 
10Jamnalal Bajaj Institute of Management Studies (JBIMS), Delhi
11Management Development Institute, Gurgaon
12IIM Mumbai, Maharashtra
13IISC Bangalore – Indian Institute of Science, Karnataka
14Indian Institute of Technology Bombay
15Indian Institute of Foreign Trade, Delhi - IIFT, New Delhi
16Indian Institute of Technology Delhi
17Symbiosis Institute of Business Management, Pune
18S.P. Jain Institute of Management & Research, Mumbai
19IIM Ranchi, Jharkhand
20IIM Raipur, Chhattisgarh

Best MBA Colleges in India Without Entrance Exam

If you haven’t met the CAT Cut off requirements then you don’t need to worry. If you are still determined to pursue MBA then you need to check the table below which contains the list of best MBA colleges in India that provides MBA admission to students without an entrance exam. 

You must take into consideration the following list of the Best MBA colleges in India without entrance exams.

The table below shows the list of Best MBA Colleges in India without an entrance exam:

MBA Colleges in India Without Entrance Exam

Alliance School of Business - Alliance UniversityAditya School of Business Management - ASBM Mumbai
Globsyn Business School KolkataMET Mumbai
Pune Business SchoolVivekanand Business School (VBS)
Sri Balaji University, PuneRajalakshmi School of Business, Chennai
Durgadevi Saraf Global Business School (DSGS) MumbaiAmrita School of Business, Coimbatore
Shiv Nadar UniversityVignana Jyothi Institute of Management (VJIM) Hyderabad
LM Thapar School of Management (LMTSM) ChandigarhWoxsen University
NDIM New DelhiDayananda Sagar University Bangalore
Jaypee Business School, NoidaIFIM College

List of Best MBA Colleges in India With Fees

In order to take admission we need to know about the fee structure of the college we are taking into consideration for MBA admission. To know about the fee structure of the college you are willing to take admission, see the table below which contains the list of Best MBA colleges in India with their fee structure.

NIRF Ranking MBA Colleges In India Fee Structure (approx.)
1ISB HyderabadRs. 42 Lakhs
2IIM AhmedabadRs. 23 Lakhs
3IIM BangaloreRs. 23.15 Lakhs
4IIM Calcutta Rs. 22.58 Lakhs
5XLRI-Xavier School of ManagementRs. 23.56 Lakhs
6IIM LucknowRs. 19.30 Lakhs
7IIM KozhikodeRs. 19 Lakhs
8IIM IndoreRs. 21.10 Lakhs
9Faculty of Management Studies - FMS Delhi Rs. 2 Lakhs
10Jamnalal Bajaj Institute of Management Studies (JBIMS)Rs. 5.89 Lakhs
11Management Development Institute, Gurgaon Rs. 25 Lakhs
12IIM MumbaiRs. 16 Lakhs
13IISC Bangalore – Indian Institute of ScienceRs. 5.33 Lakhs
14Indian Institute of Technology BombayRs. 14.53 Lakhs
15Indian Institute of Foreign Trade, Delhi - IIFTRs. 21.73 Lakhs
17Symbiosis Institute of Business ManagementRs. 13.49 Lakhs
18S.P. Jain Institute of Management & ResearchRs. 20.42 Lakhs
19IIM RanchiRs. 15.30 Lakhs
20IIM RaipurRs. 15.93 Lakhs

(The fee structure above is an approximate amount, subject to change yearly. Students are advised to refer to the official website of their respective colleges for fee information, or contact us for any query)

List of Best MBA Colleges in India - Private

If you want to pursue MBA from a private college then below is the list of the Best MBA Colleges in India that are Privately owned colleges and universities. For taking admission to any of the following lists of Best MBA colleges in India, students must go through the eligibility criteria and admission process of these universities or colleges. 

The List of Best MBA colleges in India that are private institutes, is provided below along with their location.

  1. Xavier Institute of Management, Jamshedpur
  2. Indian School of Business, Hyderabad
  3. S.P. Jain Institute of Management and Research, Mumbai
  4. Birla Institute of Management Technology, Greater NOIDA
  5. Symbiosis School of Business Management, Pune
  6. Great Lakes Institute of Management, Chennai
  7. International Management Institute, Delhi
  8. Ta Pai Management Institute, Manipal
  9. Mudra Institute of Communication,  Ahmedabad
  10. Amity Business School, NOIDA

List of Best MBA Colleges in India - Government

If you want to pursue MBA from any government college then below is the list of Best MBA Colleges in India that are governmental colleges and universities. For taking admission to any of the following lists of Best MBA colleges in India, students must go through the eligibility criteria and admission process of these universities or colleges. 

The List of Best MBA colleges in India that are public institutes, is provided below along with their location.

MBA College/ University Location
Jamia Millia IslamiaDelhi
Guru Gobind Singh Indraprastha UniversityDelhi
Anna UniversityChennai
University of PunePune
University of LucknowLucknow
University of MadrasChennai
University of HyderabadHyderabad
University of MumbaiMumbai
University of CalcuttaKolkata
University of AllahabadAllahabad 

Top MBA Colleges in Delhi with Fee Structure

If you are willing to take admission in the best MBA colleges in Delhi then knowing about its fee structure is important. Pursuing MBA in Delhi Colleges may be a little expensive but MBA Colleges in Delhi provide top-notch facilities to the students during the whole curriculum. 

Below are the details of the 10 best MBA Colleges in Delhi with fee structure.

MBA Colleges In DelhiFee Structure(Total fees approx.)
Faculty Of Management Studies-FMSRs 10,480 (Per year)
Indian Institute of Foreign Trade - IIFTRs. 21.70 Lakhs
MDI- Management Development Institute, Gurgaon Rs. 25 Lakhs
Department of Management Studies - IIT DelhiRs. 11.20 Lakhs 
International Management Institute - IMIRs. 20.19 Lakhs
Institute of Management Technology, GhaziabadRs. 19.53 Lakhs
FORE School of ManagementRs. 16.98 Lakhs
Lal Bahadur Shastri Institute Of Management- LBSIMRs. 13.9 Lakhs 
Jagannath Institute of Management Studies - JIMSRs. 8.70 Lakhs
Jamia Millia IslamiaRs. 50 K – 2 Lakhs
DSB, New DelhiRs. 9.85 Lakhs

(The fee structure above is an approximate amount, subject to change yearly. Students are advised to refer to the official website of their respective colleges for fee information, or contact us for any query)

Frequently Asked Questions about Best MBA Colleges In India

Q. What are the Top 5 MBA colleges in Bangalore?

Ans. The following is a list of the Top 5 MBA Colleges in Bangalore with fee structure

MBA College in BangaloreFee structure 
IIM BangaloreRs. 23 lakhs
Christ UniversityRs. 3.8 lakhs
Department of Management Studies, Indian Institute of ScienceRs. 1,66,500
SIBM Bangalore – Symbiosis Institute of Business ManagementRs. 8.2 lakhs
Regional College of Management Bangalore (RCM)Rs. 7.9 lakhs

Q. What are the Top MBA entrance exams in India?

Ans. Admission to an MBA can be taken by giving state-level or national-level entrance exams. Below are the details of some of the MBA entrance exams 2023, a student needs to appear in order to take admitted to MBA colleges.

Entrance ExamNo. of Questions and time durationTime durationOfficial Website
CAT66120 minutesiimcat.ac.in
ATMA180180 minutesatmaaims.com
XAT102210 minutesxatonline.in
IIFT110120 minuteswww.iift.ac.in
NMAT by GMAC108120 minuteswww.mba.com/en-in/exams/nmat
SNAP6060 minuteswww.snaptest.org
GMAT80187 minuteswww.mba.com
PGDBA50180 minuteswww.pgdba.iitkgp.ac.in
IBSAT140120 minutesibsindia.org/admissions/
GATE65180 minutesapp.gate.iitk.ac.in

Q. Would getting an MBA after graduating in 2023 be a good idea?

Ans. Young professionals who wish to learn how to operate a successful firm might consider taking MBA courses. Due to one’s expertise in marketing and finance, which other employees of the company may not have, employers frequently want to hire or promote candidates with MBAs.

Q. Can I get my MBA if I don't pass the CAT?

Ans. Yes, you are still able to pursue an MBA without taking the CAT. Other MBA admission tests, such as the XAT, NMAT, SNAP, CMAT, etc., are also an option. Also, some institutions give direct admission to students irrespective of the entrance test. But without passing CAT, you won't be able to enroll in prestigious business institutions like the IIMs.

Q. What is the Benefit of doing an MBA?

Ans. A Master of Business Administration, MBA is a postgraduate degree. Master of business administration (MBA) teaches both theory and practice in business or investment management. An MBA program is intended to provide graduates with a better knowledge of broad business management duties.

Students may consider getting an MBA degree for a variety of reasons, some of these reasons include the

  • Starting own business/becoming an entrepreneur.
  • Change job profile to improve expertise, enhance knowledge and ensure better networking.
  • Increase the value of one's CV
  • Increase in income

Q. What are the Private MBA colleges in India?

Ans. The List of Best MBA colleges in India that are private institutes, is provided below along with their location.

  1. Xavier Institute of Management, Jamshedpur
  2. Indian School of Business, Hyderabad
  3. S.P. Jain Institute of Management and Research, Mumbai
  4. Birla Institute of Management Technology, Greater NOIDA
  5. Symbiosis School of Business Management, Pune

Q. Can I get admission to an MBA without giving an entrance exam?

Ans. Yes, if you want to take admitted to an MBA you must take into consideration the following list of the Best MBA colleges in India without entrance exams.

The table below shows the list of Best MBA Colleges in India without an entrance exam

MBA colleges in India without entrance exam:

Alliance School of Business - Alliance UniversityAditya School of Business Management - ASBM Mumbai
Globsyn Business School KolkataMET Mumbai
Pune Business SchoolVivekanand Business School (VBS)
Sri Balaji University, PuneRajalakshmi School of Business, Chennai
Durgadevi Saraf Global Business School (DSGS) MumbaiAmrita School of Business, Coimbatore
Shiv Nadar UniversityVignana Jyothi Institute of Management (VJIM) Hyderabad

Q. What are the Eligibility criteria for MBA 2023?

Ans. Eligibility criteria for MBA 2023

  1. The candidate must have completed 10+2 and graduated in any discipline from a certified government board.
  2. The minimum mark for the general category is 50%, and the minimum mark for the reserved categories is 45%.
  3. Students in their final year are also eligible to enroll in this program.
  4. Foreign students must have a valid student visa and passport.
  5. For direct admission (the candidate must not be a current government employee).

Q. What is the selection process for MBA 2023?

Ans. The selection process for MBA 2023

  1. The entrance result will be used to make the selection.
  2. Students will be chosen based on merit, through GD, personal interviews, and other rounds.
  3. Students who pass these rounds are eligible for admission.
  4. Seats will be assigned according to merit and performance in these rounds.

Students who want admission, especially in IIMs must qualify for CAT or they can also apply through MAT, XAT, CMAT, and ATMA exams. 

Q. What are the career opportunities after MBA in Logistics and Supply Chain Management?

 Ans. Career Opportunity after MBA in Logistics and Supply Chain Management 

  • Supply Chain Performance Analyst
  • Supply Chain Consultant 
  • Demand Planning Analyst
  • Distribution Centre Supervisor
  • VP of Supply Chain Operations
  • Purchase Manager
  • Warehouse Operations Manager
  • Logistics and Transportation Analyst

Q. What are the career opportunities after MBA in Sales and Marketing?

Ans. Career Opportunity after MBA in Sales and Marketing

Sales and marketing positions are among the most sought-after MBA employment specializations. 

After graduation with MBA in sales and marketing, candidates can pursue some of the following career profiles:

  • market research analyst 
  • sales manager 
  • product manager 
  • media planner 
  • internet marketing manager 

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