MBA School Rankings India: India’s Best B-schools Rankings, Fees

MBA School Rankings India 2023: India is the home of some of the best MBA Colleges in India and some of the institutes like - 

1. IIM Ahmedabad
2. IIM Bengaluru
3. IIM Calcutta
4. IIM Lucknow
5. Faculty of Management Studies, University of Delhi and Indian Institute of Management (IIM) Kozhikode  have been known as the top performers in terms of placement, infrastructure and for many factors and are known as the Top MBA School Rankings India

And let us not forget about some of the Top MBA School Rankings India (Private) which has performed exceptionally well in the recent years and have provided all sorts of opportunities, facilities and what not to be crowned as some of the Best MBA colleges in India Private names like -

1. Xavier Labour Relations Institute (XLRI) Jamshedpur
2. Management Development Institute (MDI) Gurgaon
3. Symbiosis Institute of Business Management Pune
4. S P Jain Institute of Management & Research (SPJIMR) Mumbai
5. Symbiosis Centre For Management & Human Resource Development (SCMHRD) Pune is ranked highly in IIRF top 100 B-Schools ranking (Pvt.) 2023.

The MBA program is the most popular professional program in India! The best professional program for management students who wish to start their careers as managers in top MNCs or as entrepreneurs. MBA programs are available to graduates from any discipline, including science, business, and humanities. After completing this course, the candidate is qualified for high-paying employment and top positions in major brands throughout the globe.

Due to the tremendous demand for MBA programs, admission to the best B-Schools is difficult. There are several B-Schools, but do you know why admission to top MBA institutions in India is important? The reason for this is because they are well-known for providing the best industry exposure, improving students' academic excellence records, acquiring faculty knowledge, excellent infrastructure, quality learning, internships, and great placement opportunities with top brands.

Top MBA School Rankings India - Course Overview

MBA is itself known to be a course of education! Students are given the valuable opportunity to pursue a Master of Business Administration (MBA) degree. In the second year of the Master of Business Administration (MBA) program, students have the opportunity to pursue several specialities.

This is because the first year of the program typically covers foundational areas that are similar to all students. Let us now explore the many areas of concentration available to students pursuing a Master of Business Administration (MBA) degree.

Finance Management	Information Technology	Marketing Management
Operations Management	International Business Management	Strategy Management
Leadership Management	Entrepreneurship	Corporate Social Responsibility (CSR Management)
Operations Management	Agriculture Management	Dairy Management
Healthcare Management	Rural Development	Human Resource Management
Retail Management	Logistics and Supply Chain Management

MBA students have the choice to choose the specialization as per their competencies. For instance, if an applicant is good at marketing and wants to enhance their marketing skills, then an MBA in Marketing is perfect! Every applicant is different in their abilities, and so they have the option to select the best specialization.

The students have the opportunity to choose Major and Minor subjects in the second year of their MBA program. For example, as a Major subject, one can opt for Marketing and a Minor in International Business Management. You can choose Major and Minor specialization as per your competencies. In some MBA colleges, there is an option to opt for two Major specializations. In this way, top mba colleges in India offer Dual-specialisation MBA programs.

Top MBA School Rankings India - Key Highlights

• The MBA program is one of the most sought-after postgraduate programs. This is due to the fact that MBA can be pursued by students from different streams.
• MBAs are two-year professional postgraduate degrees divided into four semesters. As PGDM from top colleges is equivalent to an MBA degree, you can even pursue one year of PGD M via private institutes.
• Graduates and working professionals with some experience should consider an MBA.
• After graduation, students who wish to get a two-year regular MBA degree must enroll in a two-year MBA program.
• Those with working experience can pursue a distance MBA if their employers allow; they can also pursue a full-time MBA.
• After ranking 5 in 2022, IIM Kozhikode improved to rank 3 in 2023
• IIM Calcutta declined in its order as it shifted to rank 4 in 2023 when as compared to rank 3 in 2022
• Banaras Hindu University has the lowest tuition fee, which is INR 10,228.
• IIM Ahmedabad offers the highest placement package and ranked as the Best MBA School Rankings India offering, i.e. INR 31.50 LPA.
• The best MBA school in India is IIM Ahmedabad, followed by IIM Bangalore and IIM Kozhikode. In the most recent NIRF rankings for 2023, the institutes are rated 1, 2, and 3.

Here is the list of Top 10 MBA School Rankings India 2023

Rank	MBA School Rankings India 2023	State
1	Indian Institute of Management Ahmedabad	Gujarat
2	Indian Institute of Management Bangalore	Karnataka
3	Indian Institute of Management Kozhikode	Kerala
4	Indian Institute of Management Calcutta	West Bengal
5	Indian Institute of Technology Delhi	Delhi
6	Indian Institute of Management Lucknow	Uttar Pradesh
7	National Institute of Industrial Engineering, Mumbai	Maharashtra
8	Indian Institute of Management Indore	Madhya Pradesh
9	XLRI-Xavier School of Management	Jharkhand
10	Indian Institute of Technology Bombay	Maharashtra

Moving on this is the main list of MBA School Rankings India: India's best B-schools  Rankings, which includes 100 Top MBA Colleges in India 2023 NIRF Ranking -

MBA School Rankings India: India's Best B-schools Rankings 2023

MBA School Rankings India: India's best B-schools  Rankings	State	Score	Rank
Indian Institute of Management Ahmedabad	Gujarat	83.20	1
Indian Institute of Management Bangalore	Karnataka	80.89	2
Indian Institute of Management Kozhikode	Kerala	76.48	3
Indian Institute of Management Calcutta	West Bengal	75.53	4
Indian Institute of Technology Delhi	Delhi	74.14	5
Indian Institute of Management Lucknow	Uttar Pradesh	74.11	6
National Institute of Industrial Engineering, Mumbai	Maharashtra	71.99	7
Indian Institute of Management Indore	Madhya Pradesh	71.95	8
XLRI-Xavier School of Management	Jharkhand	70.75	9
Indian Institute of Technology Bombay	Maharashtra	68.11	10
Indian Institute of Management Raipur	Chhattisgarh	66.18	11
Indian Institute of Management Rohtak	Haryana	65.88	12
Management Development Institute	Haryana	64.88	13
Indian Institute of Technology Kharagpur	West Bengal	63.92	14
Indian Institute of Technology Madras	Tamil Nadu	62.83	15
Indian Institute of Management Udaipur	Rajasthan	62.78	16
Symbiosis Institute of Business Management	Maharashtra	62.74	17
Indian Institute of Technology Roorkee	Uttarakhand	62.14	18
Indian Institute of Management Kashipur	Uttarakhand	61.07	19
S.P. Jain Institute of Management & Research	Maharashtra	60.91	20
SVKM`s Narsee Monjee Institute of Management Studies	Maharashtra	60.84	21
Indian Institute of Management Tiruchirappalli	Tamil Nadu	60.83	22
Indian Institute of Technology Kanpur	Uttar Pradesh	60.63	23
Indian Institute of Management Ranchi	Jharkhand	59.99	24
Jamia Millia Islamia,New Delhi	Delhi	59.78	25
Indian Institute of Management Shillong	Meghalaya	59.12	26
Indian Institute of Foreign Trade	Delhi	58.60	27
Amity University	Uttar Pradesh	58.56	28
Indian Institute of Management Visakhapatnam	Andhra Pradesh	57.57	29
Amrita Vishwa Vidyapeetham	Tamil Nadu	57.02	30
Great Lakes Institute of Management	Tamil Nadu	56.62	31
Lovely Professional University	Punjab	56.44	32
Goa Institute of Management	Goa	56.28	33
International Management Institute	Delhi	56.05	34
National Institute of Technology Tiruchirappalli	Tamil Nadu	56.01	35
Chandigarh University	Punjab	55.98	36
MICA	Gujarat	55.47	37
Institute of Management Technology, Ghaziabad	Uttar Pradesh	55.26	38
UPES	Uttarakhand	54.83	39
ICFAI Foundation for Higher Education, Hyderabad	Telangana	54.29	40
Indian Institute of Management Jammu (IIMJ)	Jammu and Kashmir	54.17	41
T. A. Pai Management Institute Manipal	Karnataka	53.48	42
Indian Institute of Management	Maharashtra	53.41	43
Indian Institute of Technology (Indian School of Mines)	Jharkhand	52.64	44
K J Somaiya Institute of Management Studies and Research	Maharashtra	52.14	45
XIM University	Odisha	52.09	46
Jaipuria Institute of Management	Uttar Pradesh	51.81	47
Birla Institute of Management Technology	Uttar Pradesh	51.74	48
Thapar Institute of Engineering and Technology (Deemed-to-be-university)	Punjab	51.67	49
Anna University	Tamil Nadu	51.67	49
Indian Institute of Management, Amritsar	Punjab	51.30	51
Koneru Lakshmaiah Education Foundation University (K L College of Engineering)	Andhra Pradesh	51.29	52
Indian Institute of Management Bodh Gaya	Bihar	51.28	53
Institute of Rural Management Anand	Gujarat	51.19	54
Aligarh Muslim University	Uttar Pradesh	51.18	55
Banaras Hindu University	Uttar Pradesh	51.07	56
Siksha `O` Anusandhan	Odisha	51.03	57
Indian Institute of Management Sambalpur	Odisha	50.90	58
Kalinga Institute of Industrial Technology	Odisha	50.78	59
Christ University	Karnataka	50.69	60
Nirma University	Gujarat	50.04	61
Great Lakes Institute of Management,Gurgaon	Haryana	49.95	62
Fore School of Management	Delhi	49.85	63
Chitkara University	Punjab	49.80	64
Graphic Era University	Uttarakhand	49.77	65
Guru Gobind Singh Indraprastha University	Delhi	49.71	66
International Management Institute	Odisha	49.30	67
Atal Bihari Vajpayee Indian Institute of Information Technology and Management	Madhya Pradesh	49.13	68
Malaviya National Institute of Technology	Rajasthan	48.98	69
International Management Institute	West Bengal	48.43	70
Saveetha Institute of Medical and Technical Sciences	Tamil Nadu	48.34	71
BML Munjal University	Haryana	48.27	72
Principal L N Welingkar Institute of Management Development and Research	Maharashtra	48.21	73
Krea University	Andhra Pradesh	48.00	74
National Institute of Technology Calicut	Kerala	47.99	75
National Institute of Bank Management	Maharashtra	47.08	76
Birla Institute of Technology	Jharkhand	46.96	77
Babasheb Bhimrao Ambedkar University	Uttar Pradesh	46.61	78
Manipal University Jaipur	Rajasthan	46.23	79
Jaipuria Institute of Management	Rajasthan	46.15	80
Amity University Haryana, Gurgaon	Haryana	46.07	81
Panjab University	Chandigarh	46.05	82
Rajagiri Business School	Kerala	46.03	83
Institute of Management Technology	Telangana	45.78	84
Jain university, Bangalore	Karnataka	45.63	85
Bharathidasan Institute of Management	Tamil Nadu	45.59	86
Alliance University	Karnataka	45.55	87
Jagan Institute of Management Studies	Delhi	45.54	88
PSG College of Technology	Tamil Nadu	45.44	89
Thiagarajar School of Management	Tamil Nadu	44.79	90
Galgotias University	Uttar Pradesh	44.30	91
Jaipuria Institute of Management	Uttar Pradesh	44.22	92
Tezpur University	Assam	44.01	93
Pandit Deendayal Energy University	Gujarat	43.92	94
Visvesvaraya Technological University	Karnataka	43.84	95
Jamia Hamdard	Delhi	43.74	96
National Institute of Agricultural Extension Management	Telangana	43.47	97
Indian Institute of Management	Himachal Pradesh	43.26	98
New Delhi Institute Of Management	Delhi	42.61	99
Guru Jambheshwar University of Science and Technology	Haryana	42.13	100

Business Today India’s Best B-schools | MBA School Rankings India 2023

The publication of the 11th edition of Business Today's 'India's Best B-schools Survey 2023' occurred on June 23, 2023, and it was officially released on July 9, 2023. A variety of methods were used to contact over 2,500 business schools that satisfied the necessary criteria.

Since its inception in 2013, the BT ranking has seen a neck-and-neck competition for the top two MBA School Rankings India between IIM Ahmedabad (IIMA) and IIM Calcutta (IIMC).

Nevertheless, IIMC has maintained its position as the leading institution in the MBA School Rankings India 2023, just like it did in the preceding year. The Indian Institute of Management Bangalore is ranked third, followed by the Indian Institute of Management Lucknow in fourth place, and the S.P. Jain Institute of Management and Research (SPJIMR) in Mumbai in fifth position, thereby completing the top five institutions. Business Today, a prominent business publication, and Marketing & Development Research Associates (MDRA), a leading market research consultancy, joined forces to conduct the BT-MDRA India's Best B-schools Survey 2023.

Business Today MBA Rankings 2023: Top 20 MBA School Rankings India 2023

A list of Top 25 MBA School Rankings India 2023 at  BT MBA Rankings 2023 with comparison from last year of  rankings is shared below:

MBA School Rankings India 2023	Rank 2023	Rank 2022
Indian Institute of Management, (IIM) Calcutta	1	1
Indian Institute of Management, (IIM) Ahmedabad	2	2
Indian Institute of Management, (IIM) Bangalore	3	3
Indian Institute of Management, (IIM) Lucknow	4	4
S. P. Jain Institute of Management and Research, Mumbai	5	5
Indian Institute of Management (IIM) Indore	6	7
Management Development Institute (MDI) Gurgaon	7	8
Faculty of Management Studies (FMS), University of Delhi	8	9
Indian Institute of Foreign Trade (IIFT), New Delhi	9	10
SVKM’s NMIMS School of Business Management, Mumbai	10	11
International Management Institute, New Delhi	11	12
Indian Institute of Management (IIM) Shillong	12	13
Institute of Management Technology (IMT), Ghaziabad	13	14
Symbiosis Institute of Business Management, Pune	14	15
Symbiosis Centre for Management & Human Resource Development, Pune	15	16
Department of Management Studies, IIT Delhi, New Delhi	16	17
Great Lakes Institute of Management, Chennai	17	18
Indian Institute of Management (IIM) Udaipur	18	19
Indian Institute of Management (IIM) Tiruchirappalli	19	20
Xavier Institute of Management (XIMB), XIM University, Bhubaneswar	20	21

Frequently Asked Questions about MBA School Rankings India: India's Best B-schools Rankings, Fees

Q. What are India's best B-schools?

Ans. The Ministry of Human Resource Development (MHRD) National Institutional Ranking Framework (NIRF) has released the B School Ranking for the year 2023. According to the latest NIRF Rankings, IIM Ahmedabad has maintained its leading position, while IIM Bangalore has once again secured the second place.

Q. What are the top government MBA Colleges in India?

Ans. As per the NIRF these are some of the Best Government MBA Colleges of India

• Indian Institute of Management, Ahmedabad.
• Indian Institute of Management (IIM), Bangalore.
• Indian Institute of Management (IIM), Kozhikode.
• Indian Institute of Management (IIM) Calcutta.
• Indian Institute of Technology, Delhi.

Q. Which is the No.1 IIM in India in 2023?

Ans. The Indian Institute of Management Ahmedabad (IIM Ahmedabad) is a prestigious educational institution located in Ahmedabad, India.

According to the National Institutional rating Framework (NIRF) rating for the year 2023. The Indian Institute of Management Ahmedabad maintains its top ranking. The Indian Institute of Management Kozhikode had an improvement in its rating, rising from the 5th position in 2022 to the 3rd position. The Indian Institute of Management Bangalore achieved the highest yearly average package, amounting to INR 31.50 LPA.

Q. Which IIM has the lowest fees?

Ans. The tuition costs for the second generation Indian Institutes of Management (IIMs), such as IIM Ranchi, IIM Rohtak, IIM Kashipur, IIM Udaipur, and others, fall within the range of INR 15 lakhs to INR 20 lakhs. The MBA costs for the newly established Indian Institutes of Management (IIMs) such as IIMs Bodh Gaya, IIM Nagpur, IIM Shillong, and others, range from INR 13 LPA to INR 20 LPA.

Q. Which institute is in the top 5 for MBA?

Ans. Top MBA colleges in India 2023:

The top MBA colleges in India include the Indian Institutes of Management (IIMs), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many more institutions, check the whole list above in the article.