Table of Contents
Top 10 A Grade Business Schools In India
Top 10 A Grade Business Schools in India - Check out the Best B-Schools list & Factors determining an A Grade Business Schools in India.
Check out the list of Top 10 A Grade Business Schools in India 2023, but before that have a look at the multiple categories into which B-schools are divided and accordingly they are ranked.
There exists a multitude of MBA colleges in India, but, only a select handful emerge as the top 10 A grade business schools. The compilation of the top ten A-grade business schools in India includes institutions that are either privately held or under the ownership of public/government entities. The admissions process for the top 10 A grade business schools in India mainly considers the CAT, XAT, and CMAT examinations.
Based on the National Institutional Rating Framework (NIRF) rating for the year 2023, the top-ranked Master of Business Administration (MBA) institutions in India are the Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore, and IIM Calcutta.
- IIM Kozhikode improved its ranking as it shifted to rank 3 in 2023 as compared to rank 5 in 2022
- IIM Calcutta declined in its order as it shifted to rank 4 in 2023 as compared to rank 3 in 2022
- Banaras Hindu University has the lowest tuition fee, which is INR 10,228.
- Top 10 A Grade Business Schools in India which has its 1st ranking institute - IIM Ahmedabad offers the highest placement package, i.e. INR 31.50 LPA.
- The Top 10 A Grade Business Schools in India also includes 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.
Top MBA Colleges In India 2023 | Top 10 A Grade Business Schools In India
Among graduate degrees, the Master of Business Administration (MBA) is highly sought after. This two-year degree may lead to a wide variety of rewarding careers in business. The MBA attracts students from a wide variety of academic backgrounds, including the arts, sciences, and business. Usually, there are four semesters in a two-year MBA program. A year-long PGDM program is also available at a select group of private MBA schools.
Following is a list of the top 10 MBA colleges in India ranked by NIRF 2023:
Prior to getting into the list of Top 10 A Grade Business Schools in India 2023, it is important to look at the many classifications that business schools are segregated into, which subsequently determine their respective rankings.
- AAA+ & AAA: Grades of AAA+ and AAA signify very strong academic achievement, whereas a grade of B suggests just average results. These institutions have an impeccable reputation of a perfect placement rate. Education, staff, and infrastructure are all top-notch at this university.
- AA & A: Offers a reliable educational program and facilitates excellent job placement for individuals who possess strong communication abilities.
- BBB+, BBB, & BB: B-schools in the BBB+, BBB, and BB categories are recognized for their successful placement records and for providing high-quality education.
- B+ and B: The B+ and B-rated business school does not provide internship or job possibilities with well-known companies. However, it has been effective in helping people find jobs with regional businesses.
- Others Category: The group of B-schools referred to as "Others" is characterized by a lack of facilities, faculty resources, and placement opportunities. Therefore, it is recommended that students visit the campus prior to making any decisions.
Please refer to the table below for a comprehensive overview and detailed information on the Top 10 A Grade Business Schools in India. Below the table to get a clear view and details of the Top 10 A Grade Business Schools in India consisting of AAA+ & AAA, AA & A, BBB+, BBB, & BB, B+, and B, and Others Categories ranking :
| Top 10 A Grade Business Schools In India | Courses Offered | NIRF (Ranking 2020) | Category | MBA Fee (in Lakhs) |
|---|---|---|---|---|
| IIM Ahmedabad | (PGP in Management), FPM, MMS | 1st | AAA+ | INR 23 Lakhs |
| IIM Bangalore | PGPEM, PGP, PGPPM | 2nd | AAA+ | INR 23 Lakhs |
| IIM Calcutta | PGP-PGDM | 3rd | AAA+ | INR 27 Lakhs |
| IIM Lucknow | PGP in Agribusiness & Sustainable Management | 4th | AAA+ | INR 14.16 Lakhs |
| IIT Kharagpur | MBA, M.TECH, M.SC, LLB | 5th | BBB+ | INR 9 Lakh |
| IIM Kozhikode | PGP, FDP, MDP | 6th | AAA+ | INR 19 Lakhs |
| IIM Indore | IPM, PGP-HRM, PGP | 7th | AAA+ | INR 16 Lakhs |
| DMS IIT Delhi | MBA/PGDM/ Ph.D | 8th | AAA+ | INR 9.89 Lakhs |
| XLRI | Executive MBA/PGDM/ Ph.D | 9th | AAA+ | INR 20 Lakhs |
| MDI Gurgaon | Executive MBA/PGDM/ FPM | 10th | Others | INR 16 Lakhs |
Top 10 A Grade Business Schools In India – Eligibility Criteria
To be eligible to apply to any of the Top A Grade Business Schools in India for the MBA program, you must first satisfy the following requirements -
Graduation Degree –
- As the essential qualifying condition for the MBA course (full-time), candidates must possess a graduate degree in any field or equivalent from a recognized institution.
Minimum Score -
- Most institutions, according to the All India Council for Technical Education (AICTE), adopt a minimum graduation score as a norm. The following are the minimum scoring requirements: For candidates from limited groups, the aggregate or equivalent is 50%, and relocation is 5%.
Professional Degree Holders –
- Professional degree holders such as MBBS, CA, CS, ICWAI, and others are also eligible to attend MBA programs at any Indian B-school.
How to Get into the Top 10 Tier 1 MBA Colleges in India (Private)?
All the important information including the Top 10 Tier 1 MBA Colleges in India and as we know in order to get into these particular Colleges we should have answered the question “ How to Get into the Top 10 Tier 1 MBA Colleges in India? “ below we have listed the Top 10 Tier 1 MBA Colleges in India into 2 groups private and Government MBA Colleges in India, India is home to over 2900 independent institutions offering an MBA program. They are also compared to the Indian Management Institutes (IIM). Someone, somewhere in India, is probably on the lookout for a list of schools worth considering as they get ready for the upcoming MBA admissions season. A comprehensive list of the Top 10 Tier 1 MBA Colleges in India (Private) has been compiled as a direct result of the increased availability of educational options.
Because of the high expense of attendance at certain elite business schools, students applying to prestigious institutions for their Master of Business Administration (MBA) degree must demonstrate financial prudence.
Students are often accepted into the majority of Tier 1 MBA colleges in India based on results from national entrance exams like the CAT and GMAT, among others. Furthermore, a few private universities run their own admission tests.
Top 10 Tier 1 MBA Colleges In India
The list consists of the Top 10 MBA Colleges in India 2023 (Private), as per the rankings
How to get into the Top Tier 1 MBA Colleges in India (Govt.)?
The Top 10 Tier 1 MBA Colleges in India (Govt.) are renowned for their outstanding academic accomplishments on a worldwide scale. These colleges often use CAT scores as a legitimate admissions factor. These educational institutions continually strive to provide their pupils the best possible education.
A famous Tier 1 MBA College in India for students looking to pursue a master's degree in management is the Indian Institute of Management (IIM). Most students undoubtedly want to attend the Indian Institute of Management (IIM).
Twenty institutions in all that provide management-related educational programs make up the IIMs. Indian Institutes of Management (IIMs) in Ahmedabad, Bangalore, Calcutta, Indore, and Lucknow are among the best.
Top 10 Tier 1 MBA Colleges In India (Government)
Listed below are the Top 10 MBA Colleges in India 2023 (Govt.) rank-wise
| S.No | Name of the college |
|---|---|
| 1 | Indian Institute of Management, IIM - Ahmedabad |
| 2 | Indian Institute of Management, IIM - Bengaluru |
| 3 | Indian Institute of Management, IIM - Calcutta |
| 4 | Indian Institute of Management, IIM - Lucknow |
| 5 | Faculty of Management Studies, University of Delhi, Delhi |
| 6 | Indian Institute of Management, IIM - Kozhikode |
| 7 | National Institute of Industrial Engineering NITIE - Mumbai |
| 8 | Shailesh J Mehta School of Management, Indian Institute of Technology IIT - Mumbai |
| 9 | Indian Institute of Foreign Trade IIFT - New Delhi |
| 10 | Jamnalal Bajaj Institute of Management Studies, Mumbai |
Which is the best College for MBA in India which includes A Grade Business Schools in India?
The NIRF rankings are released annually based on the data collected by the framework. Rankings and ratings are determined based on five key variables, namely graduation rate, research and professional practices, teaching and learning resources, and the overall image of the school.
Following is a list of the top 10 MBA colleges in India ranked by NIRF 2023 or A Grade Business Schools in India (detail of Top A Grade Business Schools in India consists AAA+ & AAA, AA & A, BBB+, BBB, & BB, B+ and B, Others Category ranking) :
| College Name | NIRF 2022 | NIRF 2023 |
|---|---|---|
| Indian Institute of Management, (IIM) Ahmedabad | 1 | 1 |
| Indian Institute of Management, (IIM) Bangalore | 2 | 2 |
| Indian Institute of Management, (IIM) Kozhikode | 5 | 3 |
| Indian Institute of Management, (IIM) Calcutta | 3 | 4 |
| Indian Institute of Technology, (IIT) Delhi | 4 | 5 |
| Indian Institute of Management, (IIM) Lucknow | 6 | 6 |
| IIM Mumbai (formerly known as NITIE) | 9 | 7 |
| Indian Institute of Management, (IIM) Indore | 7 | 8 |
| XLRI-Xavier School of Management | 12 | 9 |
| Indian Institute of Technology Bombay | 11 | 10 |
Colleges In The List Of Top 10 MBA Colleges In India
Listed below is a list of the top 10 MBA in India along with fee and seat intake:
| Top MBA Colleges | Total Fee | Seat Intake |
|---|---|---|
| IIM Ahmedabad Admission | INR 18.19 lakh | 50 |
| IIM Bangalore Admission | INR 24.50 lakh | 635 |
| IIM Kozhikode Admission | INR 20.50 lakh | NA |
| IIM Calcutta Admission | INR 27.67 lakh | 63 |
| IIT Delhi Admission | INR 10.40 lakh | 91 |
| IIM Lucknow Admission | INR 12.60 lakh | NA |
| IIM Mumbai (formerly known as NITIE) Admission | INR 22 lakh | 338 |
| IIM Indore Admission | INR 17 lakh - INR 35 lakh | 662 |
| XLRI-Xavier School of Management Admission | INR 27.40 lakh | 1,080 |
| IIT Bombay Admission | INR 8 lakh - INR 20 lakh | 152 |
Top Private MBA Colleges In India
List of the top private MBA colleges in India along with fee/seat intake and entrance exam/eligibility criteria:
| College Name | Fees | Entrance Exam/Eligibility |
|---|---|---|
| XLRI MBA Admission | INR 27.40 lakh | Entrance Exams: XAT, GMAT Graduation with a minimum aggregate of 50% |
| MDI MBA Admission | INR 24.70 lakh | Entrance Exams: CAT, XAT, MAT, GMAT Graduation with 50% aggregate |
| SIBM Pune MBA Admission | INR 22.20 lakh | Entrance Exam: SNAP Bachelor’s degree with an aggregate of 50% |
| SPJIMR MBA Admission | INR 20.42 lakh | Entrance Exam: CAT Graduation with 50% aggregate |
Top Government MBA Colleges In India
List of top public/government MBA colleges in India along with their total course fee/seat intake and entrance exams/eligibility criteria:
| College Name | Total Fee | Entrance Exam/Eligibility |
|---|---|---|
| IIM Ahmedabad MBA | INR 18.19 lakh | Entrance Exam: CAT, GATE Graduation with 50% aggregate |
| IIM Bangalore MBA | INR 24.50 lakh | Entrance Exam: CAT Graduation with 50% aggregate (45 % for SC/ST students) |
| IIT Delhi MBA | INR 10.40 lakh | Entrance Exam: CAT Graduation with 60% aggregate |
| IIM Kozhikode MBA | INR 20.50 lakh | Entrance Exam: CAT, EMAT Graduation with 50% aggregate |
Top Distance MBA Colleges In India 2023
Below shows the best distance MBA colleges in India along with fee and seat intake:
| Distance MBA Colleges | Total Fee | Seat Intake |
|---|---|---|
| XLRI Xavier School of Management | INR 14 lakh | NA |
| SRM Institute of Science and Technology | INR 60,000 | 1,200 |
| National Institute of Agricultural Extension Management | INR 15,000 | NA |
| Neville Wadia Institute of Management Studies and Research | INR 3.8 lakh | 120 |
| Indian Institute of Finance | INR 1.6 lakh | NA |
| IGNOU | INR 62,000 | NA |
Frequently Asked Questions about Top 10 A Grade Business Schools In India
Q. What are the Colleges in the list of Tier 1 MBA Colleges in India?
Ans. The list of Tier 1 MBA Colleges in India consists of the highest-ranking management institutions in India. The Tier 1 MBA Colleges provide superior educational opportunities, distinguished teaching members, state-of-the-art facilities, and exceptional placement. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, and XLRI are considered to be among the leading Tier 1 MBA Colleges in India.
Q. What are the Best MBA Colleges in India?
Ans. Best MBA Colleges in India - The rankings of AGrade Business Schools in India in the year 2023.
IIM Bangalore is widely acknowledged as one of the most prestigious business schools in India, as shown by its prominent ranking as the leading institution in the country. The Indian Institute of Management Calcutta occupies second place, and the Indian Institute of Management Ahmedabad is ranked third, thereby establishing its status as two of the leading business schools in India.
Q. What are the top MBA colleges in India placement-wise?
Ans. Top MBA colleges in India placement-wise - The Indian Institute of Management Ahmedabad offers the highest remuneration package, totaling INR 31.50 LPA. Based on rankings and reputation, IIM Ahmedabad is largely acknowledged as the preeminent institution for MBA education in India, with IIM Bangalore and IIM Kozhikode being highly respected as well. Based on the most recent National Institutional Ranking Framework (NIRF) rankings for the year 2023, the institutions have been allocated ratings of 1, 2, and 3.
People also view:
Top 10 Govt Engineering Colleges in India
Top 10 Government Engineering Colleges in Maharashtra through MHT CET
List of Tier 1 Engineering Colleges in India
Tier 2 MBA Colleges in India with Fees
Tier 1 MBA Colleges in India: Cut Off, Pvt & Govt., Scholarships, Placements
Tier 2 MBA Colleges in India State-wise
Tier 1 MBA Colleges in India: Cut Off, Pvt & Govt., Scholarships, Placements
Top 20 Tier 2 MBA Colleges in India
Tier 1 & Tier 2 Colleges in India
List of Top Tier NIT Colleges in India
