Top 10 MBA Colleges

Top 10 MBA colleges

Choosing to do MBA after an undergraduate course can be your best decision if you pursue this course from the Top MBA colleges in India. It will help you get placements right after the completion of your MBA. Read this article to know about the Top 10 MBA colleges in different cities in India.

You will get to know all the required information regarding the MBA course in India. There are numerous career possibilities waiting for you after your MBA course completes. You can read this article to learn more about the Best MBA Colleges in India, their fee structure, Entrance tests accepted by the Top 10 MBA colleges, and the admission requirements in the Top 10 MBA colleges.

Top MBA Colleges in India Highlights

MBA can be done in various specializations or you can also pursue a general MBA degree. India has more than 5000 MBA colleges providing MBAs in different specializations. You need to choose the best MBA college in order to make your MBA study worthwhile.

Check the specific highlights of the Top 10 MBA colleges.

Degree	MBA
Full form	Chandigarh University, Chitkara Business School, Chitkara University, Gian Jyoti Institute of Management and Technology, Panjab University, University Institute of Applied Management Sciences
Level	Postgraduate
Duration	2 years (4 semesters)
Eligibility	Finance, Sales & Marketing, Human resources, International Business, IT & Systems, Business Analytics, Healthcare & hospital, Operations,  Entrepreneurship, Supply Chain, etc.
Admission Criteria	Entrance exam
Entrance Exams accepted	CAT, MAT, NMAT, XAT, IIFT, SNAP, CMAT, ATMA
Top Specialisations in MBA	Chandigarh University, Chitkara Business School, Chitkara University, Gian Jyoti Institute of Management and Technology, Panjab University, University Institute of Applied Management Sciences
Top 5 MBA colleges in India	Chandigarh University, Chitkara Business School, Chitkara University, Gian Jyoti Institute of Management and Technology, Panjab University, University Institute of Applied Management Sciences
Top 5 MBA colleges in Delhi	Department of Management Studies, IIT Delhi, Faculty Of Management Studies – FMS, Jamia Millia Islamia, Indian Institute of Foreign Trade – IIFT, International Management Institute - IMI
Top 5 MBA colleges in Pune	Symbiosis Institute of Business Management, Symbiosis Centre for Management & Human Resource Development - SCMHRD, PUMBA, Pune, NIBM, Pune, NIA, Pune
Top 5 MBA colleges in Chandigarh	Chandigarh University, Chitkara Business School, Chitkara University, Gian Jyoti Institute of Management and Technology, Panjab University, University Institute of Applied Management Sciences
Top 5 MBA colleges in Mumbai	Shailesh J Mehta School of Management, IIT Bombay, Jamnalal Bajaj Institute of Management Studies- JBIMS, Narsee Monjee Institute of Management Studies - NMIMS, National Institute of Industrial Engineering - NITIE Mumbai, Xavier Institute of Management and Research - XIMR Mumbai.
Top 5 MBA colleges in Bangalore	IIM Bangalore, Christ University, Department of Management Studies, Indian Institute of Science, SIBM Bangalore, Symbiosis Centre for Management & Human Resource Development - SCMHRD

Why Pursue MBA?

You can opt to pursue an MBA after getting your undergraduate degree from a reputable university in any stream. Due to its wide range of specializations, the MBA is a well-liked course. 

You can get a fantastic job with a decent pay potential after completing an MBA in any of these specializations, based on your areas of interest, including sports management, international business, finance and banking, human resource management, logistics, and supply chain management, etc.

There are more than 5000 MBA colleges in India, but you should enroll in one that guarantees to give you both outstanding study options and successful job placement. The top 10 MBA colleges are located in places like Bangalore, Delhi, Pune, Kolkata, and others in India.

They have effectively established themselves as a hub for exceptional study environments and exceptional job possibilities for students in the management, business, and information technology fields. Candidates who are thinking about pursuing an MBA should read this article and select one of the Top 10 MBA schools.

What is the Benefit of doing an MBA in 2023?

After earning their undergraduate degrees, students might choose to pursue an MBA as a postgraduate degree. Entrance exams are required for admission to reputable universities, while certain MBA programs in India offer merit-based or direct admission. 

You will learn both theory and practice in business operations and investment management if you enroll in a Master of Business Administration program. An MBA program is designed to provide you with a better understanding of general business management responsibilities and to instill specific abilities.

You may wonder what are the benefits of getting an MBA for your postgraduate degree in 2023:

• By opening your own business, you can start your journey toward entrepreneurship. It will be simple for you to make your business profitable.
• You can modify your employment profile to reflect your improved skills, which will increase your knowledge and guarantee you better networking chances.
• Having a business administration degree from a reputable college will increase the value of your CV and your salary.

What are the different types of MBA? 

You can choose any type of MBA whether a full-time course or an EMBA or any other. Each of the following types of MBA has different work experience requirements to get admission.

The different types of MBA are as follows:

1. 1-Year Full-Time MBA Program
2. 2-Year Full-Time MBA Program
3. Executive MBA Program
4. Part-Time MBA Program
5. Online MBA Program

MBA Admission Process 2023

MBA admission in MBA colleges in India depends on various factors like your entrance marks, work experience, etc. see the different factors responsible for your MBA Admission:

• academic achievement, 
• admission examinations, 
• group discussions, and 
• personal interviews 

Check the eligibility for MBA and MBA selection process below:

Eligibility Criteria for MBA 2023

1. You must have finished your 10+2 from a recognized board in order to qualify.
2. You must hold an undergraduate degree from an accredited university in any stream.
3. To pass the UG exam, you must receive at least a 50% in the general category and a 45% in the reserved categories.
4. If you are in your last year, you can also pursue an MBA.

MBA 2023 Selection Procedure 

1. Your MBA selection completely relies on your entrance scores.
2. Candidates are picked based on merit and after rounds of group discussions and individual interviews.
3. Depending on your college, there can be further rounds in addition to the group discussion and the personal interview.
4. If you make it through these rounds successfully, you can apply for MBA admission.
5. Based on your success in these rounds and your merit, MBA seats will be assigned.

Please take note that you must pass the CAT entrance exam in order to apply to elite MBA programs, particularly those at IIMs. You may also do so through other entrance exams like the MAT, XAT, CMAT, ATMA, GMAT, etc. 

What are the documents Required For Direct Admission an MBA?

• UG Provisional certificate/ Mark sheet
• Identity proof
• 10^th / 12^th 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 MBA specializations provided by the Top 10 MBA colleges that you can consider pursuing:

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

MBA Scope and Career Opportunity

Scope after MBA

There are more than 2,500 MBA programs available to you globally.

Your ability to analyze company reports, create investment portfolios, maximize stock value, predict economic trends, and manage financial risk will all be improved by earning an MBA, without a doubt.

The aforementioned abilities can help you in landing a job in the particular industry associated with your MBA specialization. 

Following an MBA, you have the option of finding employment or continuing your education by pursuing a doctorate in management. Consequently, the MBA has a wider scope. Obtaining employment, earning a Ph.D. in management, or even using your abilities and knowledge to launch your own company.

MBA Career Opportunities

Below are the job opportunities available to you after your MBA in the specialization you graduated in.

Jobs after MBA in Human Resource Management

Training and Development in Recruitment	Human Resource Executive
Payroll management,	Human Resource Consultant
Chief Human Resource Officer	Human Resource Generalist
Assistant Human	coordination of employee benefits, and
Resource Manager	managing competition
Human Resource Analyst	Employee Relations Manager

Jobs after MBA in Operations

Operations Manager,

Project Managers,

Inventory Control Managers, and

Supply Chain Manager

Jobs after MBA in Entrepreneurship

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

Jobs after MBA in International Business

Marketing Analyst	International Logistics Manager
Government Affairs Director	International Business Consultant
Chief executive Officer	Export Manager
Export Coordinator	International Finance Manager
Foreign Exchange Management	Export Coordinator
International Marketing Manager	Administrative Service Manager
International Finance	International Business Development Manager
Investment Banking Manager

Jobs after MBA in Logistics and Supply Chain Management

Supply Chain Performance Analyst	Logistics Analyst
Demand Planning Analyst	Logistics Manager
Supply Chain Consultant	Head of Supply
Material Manager	Shipments Manager
Operations Manager	Warehouse Operations Manager
Sales Officer	Logistics and Transportation Analyst
Purchase manager	Purchase Manager
VP of Supply Chain Operations	Distribution Centre Supervisor

Jobs after MBA in Sales and Marketing

market research analyst	Retail Sales Associate
sales manager	Marketing Manager
product manager	Senior Sales Executive
Brand Manager	Sales Specialist
Market Research Analyst	Head of Digital Marketing
Asset Management	internet marketing manager
Media planner

Jobs after MBA in Finance

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

Jobs after MBA in Healthcare Management

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

Jobs after MBA in IT and Systems

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

Top 10 MBA colleges – NIRF Ranking 2023

The table below contains the Top 10 MBA colleges.

As we have mentioned, the MBA program is quite well-liked in India among new graduates. A common misconception is that if you get an MBA, you will automatically land the ideal job. Unfortunately, this is not always the situation. 

After earning your MBA, you might have to work very hard to find the right job and make a fair salary. You must therefore be aware of the placement options and other information on the college you are applying to. 

The table below has the Top 10 MBA colleges according to the NIRF Ranking 2023 along with their location

NIRF Ranking	Top Management Colleges In India	City	State
1	ISB Hyderabad	Hyderabad	Telangana
2	IIM Ahmedabad	Ahmedabad	Gujarat
3	IIM Bangalore	Bengaluru	Karnataka
4	IIM Calcutta	Kolkata	West Bengal
5	XLRI-Xavier School of Management	Jamshedpur	Jharkhand
6	IIM Lucknow	Lucknow	Uttar Pradesh
7	IIM Kozhikode	Kozhikode	Kerala
8	IIM Indore	Indore	Madhya Pradesh
9	Faculty of Management Studies - FMS Delhi	New Delhi	Delhi
10	Jamnalal Bajaj Institute of Management Studies (JBIMS)	New Delhi	Delhi

Fee Structure of the Top 10 MBA colleges

Check the fee structure of the Top 10 MBA colleges in the table below:

NIRF Ranking	Top Management Colleges In India	Fee Structure (approx.)
1	ISB Hyderabad	Rs. 42 Lakhs
2	IIM Ahmedabad	Rs. 23 Lakhs
3	IIM Bangalore	Rs. 23.15 Lakhs
4	IIM Calcutta	Rs. 22.58 Lakhs
5	XLRI-Xavier School of Management	Rs. 23.56 Lakhs
6	IIM Kozhikode	Rs. 19 Lakhs
7	IIM Lucknow	Rs. 19.30 Lakhs
8	IIM Indore	Rs. 21.10 Lakhs
9	Faculty of Management Studies - FMS Delhi	Rs. 2 Lakhs
10	Jamnalal Bajaj Institute of Management Studies (JBIMS)	Rs. 5.89 Lakhs

Best Placement Colleges for MBA in India 2023

The table below shows the list of Best Placement MBA colleges in India in 2023:

MBA Colleges in India	Average Package 2023
IIM Bangalore	Rs. 35.30 LPA
IIM Calcutta	Rs. 35.10 LPA
FMS Delhi	Rs. 34.11 LPA
ISB Hyderabad	Rs. 34.21 LPA
Masters Union, Gurugram	Rs. 33.12 LPA
SPJIMR Mumbai	Rs. 33.02 LPA
XLRI Jamshedpur	Rs. 32.70 LPA
IIM Lucknow	Rs. 32.20 LPA
IIM Kozhikode	Rs. 31.02 LPA
IIM Indore	Rs. 30.20 LPA
IIFT Delhi & Kolkata	Rs. 29.10 LPA
SJMSoM IIT Bombay	Rs. 28.88 LPA
MDI Gurgaon	Rs. 27.67 LPA
TISS Mumbai	Rs. 27.22 LPA
IIM Shillong	Rs. 26.96 LPA
DMS IIT Delhi	Rs. 25.80 LPA
BITSoM Mumbai	Rs. 23.85 LPA
SCMHRD Pune	Rs. 23.80 LPA
IIM Raipur	Rs. 21.04 LPA
IIM Tiruchirappalli	Rs. 20.55 LPA

(refer to the college's official websites, the above-shown amounts are approx.)

Top 10 MBA colleges in India - Private

The list of the Top 10 private MBA colleges in India 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

Top 10 MBA colleges in India - Government

The Top 10 government MBA colleges in India are provided below along with their location.

MBA College/ University	Location
Jamia Millia Islamia	Delhi
FMS-Faculty Of Management Studies	Delhi
Anna University	Chennai
University of Pune	Pune
University of Lucknow	Lucknow
University of Madras	Chennai
University of Hyderabad	Hyderabad
University of Mumbai	Mumbai
University of Calcutta	Kolkata
University of Allahabad	Allahabad

Top 10 MBA Colleges in Delhi

Some of the top MBA colleges in Delhi include IIT-Delhi, International Management Institute (IMI), Jamia Millia Islamia in Delhi, Faculty of Management Studies-FMS, New Delhi, etc. 

Below is the list of the top 10 MBA Colleges in Delhi in 2023

• Faculty Of Management Studies-FMS
• Indian Institute of Foreign Trade - IIFT
• MDI- Management Development Institute, Gurgaon 
• Department of Management Studies - IIT Delhi
• International Management Institute - IMI
• Institute of Management Technology, Ghaziabad
• FORE School of Management
• Lal Bahadur Shastri Institute Of Management- LBSIM
• Jagannath Institute of Management Studies - JIMS
• Jamia Millia Islamia
• DSB, New Delhi

Top 10 MBA colleges in Chandigarh 

Different MBA entrance tests, including the CAT, XAT, NMAT, SNAP, GMAT, CMAT, MAT, and ATMA, are accepted by MBA colleges in Chandigarh. You must pass CUCET in order to get admitted to the MBA program at Chandigarh University. Similarly, you must pass the CAT 2023 Exam to be admitted to Panjab University.

Different entrance tests are accepted by MBA colleges in Chandigarh for admission. For information about the top 10 MBA colleges in Chandigarh, go through the list below:

1. Chandigarh university
2. Chitkara Business School, Chitkara University
3. Gian Jyoti Institute of Management and Technology
4. Panjab university
5. University Institute of Applied Management Sciences
6. Gian Jyoti Institute of Management & Technology
7. LM Thapar School of Management
8. Indian Institute of Fashion and Design
9. DAV College
10. Goswami Ganesh Dutta S.D. College
11. PML SD Business School
12. Lovely Professional University- Seekho

Top 10 MBA colleges in Pune

1. Symbiosis Institute of Business Management 
2. Symbiosis Centre for Management & Human Resource Development - SCMHRD
3. PUMBA, Pune
4. NIBM, Pune
5. NIA, Pune
6. Sri Balaji University
7. Dr. DY Patil B School
8. International School of Business and Media - ISBM
9. Pune Business School
10. Indira Institute of Management, Pune (IIMP)

Top 10 MBA colleges in Mumbai

• National Institute of Industrial Engineering - NITIE Mumbai
• Jamnalal Bajaj Institute of Management Studies, JBIMS
• Shailesh J Mehta School of Management, IIT Bombay
• SP Jain Institute of Management & Research - SPJIMR
• SIMSREE, Mumbai
• Narsee Monjee Institute of Management Studies - NMIMS
• K.J Somaiya Institute of Management
• Xavier Institute of Management and Research - XIMR Mumbai
• N.L. Dalmia Institute of Management studies and Research
• Welingkar Mumbai
• SIES, Mumbai
• ITM, Navi Mumbai

Top 10 MBA colleges in Bangalore

1. IIM Bangalore – Indian Institute of Management
2. IISC Bangalore – Indian Institute of Science
3. SDMIMD Mysore - Shri Dharmasthala Manjunatheshwara Institute for Management Development
4. SIBM Bangalore – Symbiosis Institute of Business Management
5. XIME, Bangalore - Xavier Institute of Management and Entrepreneurship 
6. JAGSOM, Bangalore - Jagdish Sheth School of Management
7. Prin LN Welingkar Institute of Management Development and Research
8.  Narsee Monjee Institute of Management Studies (NMIMS), Bangalore
9. Centre for Management Studies, Jain University
10. Christ university, Bangalore

Frequently Asked Questions about Top 10 MBA Colleges

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

Ans. The Top 5 MBA colleges according to the NIRF Ranking 2023 along with their location is given below in the table

1	ISB Hyderabad	Hyderabad	Telangana
2	IIM Ahmedabad	Ahmedabad	Gujarat
3	IIM Bangalore	Bengaluru	Karnataka
4	IIM Calcutta	Kolkata	West Bengal
5	XLRI-Xavier School of Management	Jamshedpur	Jharkhand

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

Ans. The table below has the details of the MBA entrance exams in India: 

Entrance Exam	No. of Questions	Time duration	Official Website
CAT	66	120 minutes	iimcat.ac.in
ATMA	180	180 minutes	atmaaims.com
XAT	102	210 minutes	xatonline.in
IIFT	110	120 minutes	www.iift.ac.in
NMAT by GMAC	108	120 minutes	www.mba.com/en-in/exams/nmat
SNAP	60	60 minutes	www.snaptest.org
GMAT	80	187 minutes	www.mba.com
PGDBA	50	180 minutes	www.pgdba.iitkgp.ac.in
IBSAT	140	120 minutes	ibsindia.org/admissions
GATE	65	180 minutes	app.gate.iitk.ac.in

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

Ans. Yes, You will learn both theory and practice in business operations and investment management if you enroll in a Master of Business Administration program. An MBA program is designed to provide you a better understanding of general business management responsibilities and to instill specific abilities.

You can get a fantastic job with a decent pay potential after completing an MBA in any of these specializations, based on your areas of interest, including sports management, international business, finance and banking, human resource management, logistics, and supply chain management, etc.

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

Ans. Yes, if you do not pass CAT or haven’t appeared in it, you can still get admission to an MBA without taking the CAT. There are certain other MBA admission tests, such as the XAT, NMAT, SNAP, CMAT, etc., that are also an entrance exam option for MBA. 

Some candidates prepare for many entrance tests at the same time as the syllabus is nearly the same. This helps them increase their chance of getting admission in MBA.

Also, you can always find MBA institutions that give direct MBA admission to students irrespective of any entrance test. But note that without passing the CAT entrance, you won't be able to enroll in prestigious MBA colleges in India like the IIMs.

Q. What is the Benefit of doing an MBA?

Ans. You can opt to pursue an MBA after getting your undergraduate degree from a reputable university in any stream. Due to its wide range of specializations, the MBA is a well-liked course. 

You may wonder what are the benefits of getting an MBA for your postgraduate degree in 2023:

• By opening your own business, you can start your journey toward entrepreneurship. It will be simple for you to make your business profitable.
• You can modify your employment profile to reflect your improved skills, which will increase your knowledge and guarantee you better networking chances.
• Having a business administration degree from a reputable college will increase the value of your CV and your salary.

Q. What are the Private MBA colleges in India?

Ans. The Top Private MBA colleges in India are provided below:

1. Indian School of Business, Hyderabad
2. Xavier Institute of Management, Jamshedpur
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, you can get admitted to MBA through direct MBA admission in the colleges provided below:

The table below shows the Top 10 MBA colleges in India without an entrance exam:

MBA colleges in India without entrance exam

Alliance School of Business - Alliance University	Aditya School of Business Management - ASBM Mumbai
Globsyn Business School Kolkata	MET Mumbai
Pune Business School	Vivekanand Business School (VBS)
Sri Balaji University, Pune	Rajalakshmi School of Business, Chennai
Durgadevi Saraf Global Business School (DSGS) Mumbai	Amrita School of Business, Coimbatore
Shiv Nadar University	Vignana Jyothi Institute of Management (VJIM) Hyderabad

Q. What are the Eligibility criteria for MBA 2023?

Ans. MBA admission in MBA colleges in India depends on various factors like your entrance marks, work experience, etc. see the different factors responsible for your MBA Admission:

• academic achievement, 
• admission examinations, 
• group discussions, and 
• personal interviews 

Check the eligibility for MBA and MBA selection process below:

Eligibility criteria for MBA 2023: -

1. You must have finished your 10+2 from a recognized board in order to qualify.
2. You must hold an undergraduate degree from an accredited university in any stream.
3. To pass the UG exam, you must receive at least a 50% in the general category and a 45% in the reserved categories.
4. If you are in your last year, you can also pursue an MBA.

Q. What is the selection process for MBA 2023?

Ans. MBA 2023 selection procedure: 

1. Your MBA selection completely relies on your entrance scores.
2. Candidates are picked based on merit and after rounds of group discussions and individual interviews.
3. Depending on your college, there can be further rounds in addition to the group discussion and the personal interview.
4. If you make it through these rounds successfully, you can apply for MBA admission.
5. Based on your success in these rounds and your merit, MBA seats will be assigned.

Please take note that you must pass the CAT entrance exam in order to apply to elite MBA programs, particularly those at IIMs. You may also do so through other entrance exams like as the MAT, XAT, CMAT, ATMA, GMAT, etc. 

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

Ans. Jobs after MBA in Logistics and Supply Chain Management

Supply Chain Performance Analyst	Logistics Analyst
Demand Planning Analyst	Logistics Manager
Supply Chain Consultant	Head of Supply
Material Manager	Shipments Manager
Operations Manager	Warehouse Operations Manager
Sales Officer	Logistics and Transportation Analyst
Purchase manager	Purchase Manager
VP of Supply Chain Operations	Distribution Centre Supervisor

Q. What are the career opportunities after International business?

Ans. Jobs after MBA in International Business

Marketing Analyst	International Logistics Manager
Government Affairs Director	International Business Consultant
Chief executive Officer	Export Manager
Export Coordinator	International Finance Manager
Foreign Exchange Management	Export Coordinator
International Marketing Manager	Administrative Service Manager
International Finance	International Business Development Manager
Investment Banking Manager

Q. What are the career opportunities after MBA in Human Resource Management?

Ans. Jobs after MBA in Human Resource Management

Training and Development in Recruitment	Human Resource Executive
Payroll management,	Human Resource Consultant
Chief Human Resource Officer	Human Resource Generalist
Assistant Human	coordination of employee benefits, and
Resource Manager	managing competition
Human Resource Analyst	Employee Relations Manager