Top 10 MBA Colleges in India
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Top 10 MBA Colleges in India

Looking for the best MBA colleges in India? We have listed the top 10 MBA colleges in India. First, we will discuss why it is so important, especially in these difficult economic times

 Saurav Anand 31/03/2022
Top 10 MBA Colleges in India

Top 10 MBA colleges in India

Looking for the best MBA colleges in India? We have listed the top 10 MBA colleges in India. First, we will discuss why it is so important, especially in these difficult economic times, to find the best MBA college. We are currently seeing the global economy in recovery. This will likely lead to a more aggressive response to the Covid 19 impacts.

The next year will be a start to return to pre-COVID or better times. All are in favor of the 2023 class. This year’s top 10 MBA colleges in India according to rankings make a lot more sense for MBA prospects in terms of utility. The situation in India may prove both confusing and worthwhile for applicants, as there are many business schools.

Ranking of the Best MBA Colleges for 2022:Top 50 MBA Schools & Top 100 MBA Schools in India

This perspective shows that there are a few ranking agents like CSR, Business India and Business Word that can be trusted and reputable. They assist applicants in navigating the many options. These Top 10 MBA Colleges in India rankings are based upon the IIRF 2021 publication. This publication relies heavily on authentic information and an understanding of all available data.

This site is based on extensive research and will provide expert guidance based on industry experience and expert opinions regarding MBA admissions in 2022. These honorable organizations and IIRF are widely regarded as India’s top-ranked B-school Rankings. The IIRF rankings have been released and IIMs remain at the top of the charts, but FMS and Taxila Business School, XLRIJIMs and JIMs have remained unaffected despite fierce competition.

Top 10 MBA colleges in India 2022

India’s Ministry of Education releases an annual ranking of the top MBA colleges under the National Institutional Ranking Framework (NIRF). The all-India ranking of the top 100 MBA colleges in India is based on several parameters, including teaching, learning, resources and research, professional practices, graduation outcomes, and outreach and inclusion, as well as perception.

Below is the list with the top 10 MBA schools in India according to the NIRF ranking of 2021 of The NIRF ranking is also available.

Name of the CollegeNIRF ’21 Ranking
IIM Ahmedabad1
IIM Bangalore2
IIM Calcutta3
IIM Kozhikode4
IIT Delhi DoMS5
IIM Indore6
IIM Lucknow7
XLRI Jamshedpur8
IIT Kharagpur-VGSOM9
IIT Bombay SJMSOM10

Top MBA Colleges in India – Private and Public

Listed below are about 70 public private MBA colleges in India, over 500 public MBA colleges in India, and over 3,000 private MBA colleges in India.

The following are the top 10 private MBA colleges in India:

Private CollegesCourse Fee (in Rs)
XLRI Xavier School of Management, Jamshedpur23.60 L
MDI Gurgaon21.34 L
NITIE, Mumbai11.33 L
SPJIMR, Mumbai17.87 L
Symbiosis Institute of Business Management, Pune10.20 L
SVKM’s Narsee Monjee Institute of Management Studies10.42 L
Great Lakes Institute of Management, Chennai11.81 L
Indian Institute of Foreign Trade, Delhi8.85 L
International Management Institute, Delhi18.34 L
ICFAI Business School, Hyderabad14.14 L

Top 10 MBA colleges in India without CAT

A number of MBA selection tests are available apart from CAT. These can be taken by students to gain admission into an accredited B-school. There are many top MBA colleges in India that will accept competitors, regardless of whether or not they have taken the CAT. This is a list listing the top MBA schools in India that do not recognize the CAT score.

XLRI Jamshedpur

XLRI offers a Post Graduate Diploma of Management in areas such as Business Human Resource and General Management. XLRI scores students on the Xavier Aptitude Test. After passing the aptitude test, applicants must present an article within 20 minutes. Following the XAT score is determined, the applicants must present an article within 20 minutes.

NMIMS

One of India’s top MBA universities is Narsee Monjee Institute of Management Studies. It offers MBA programs in Pharmaceutical Management, Capital Market Banking, Human Resources, Banking, and Banking. NMAT is required to be eligible for NMIMSNMAT can be taken up to three times by applicants to increase their score. NMAT does not have negative screening. The NMAT score, written test marks (as materials), group discussion, personal interview, presentation (as applicable) and work experience are all considered when preparing the last merit list.

Symbiosis International University

Symbiosis International University offers 11 schools in Pune, Bengaluru and Nashik. These schools offer MBAs for Operations, Human Resources, Finance, and Marketing. An applicant must take the SNAP Exam to be eligible for admission to Symbiosis Universities. After applicants have been shortlisted based on their SNAP scores, they can appear for GD or PI.

MICA, Ahmedabad

Mudra Institute of Communication in Ahmedabad offers PGDM (Communications), Fellow Program in Management – Communications, and many other Post Certificate programs. To be admitted to MICA, applicants must take the CAT, GMAT and XAT along with MICAT. MICAT is used to test students for their Divergent Thinking Abilities, Written Communications Abilities and General Awareness of current social and business issues. This includes areas related to media, promoting and publicizing, as well as Analytical, Verbal, and Verbal Abilities.

IIFT

The Government of India established IIFT in 1963. With its International Business course, it is one of India’s top MBA schools. IIFT has two branches in Delhi and Kolkata. It1 offers an MBA program in International Business. There are 26 questions in the extraordinary General Knowledge section of the exam. Students are selected to write an exposition after passing the IIFT exam. This exposition will be used to determine if they are eligible for GD or PI.

Top 10 MBA colleges in India rank wise

Top Institutes in NIRF MBA College Ranking 2021

Top 20 management Institutes in MHRD NIRF MBA Ranking 2021 are: 

Name of the Management InstituteNIRF Ranking 2021 Position
Indian Institute of Management Ahmedabad1
Indian Institute of Management Bengaluru2
Indian Institute of Management Calcutta3
Indian Institute of Management Kozhikode4
Depatment of Management Studies IIT Delhi5
Indian Institute of Management Indore6
Indian Institute of Management Lucknow7
Xavier Labour Relations Institute (XLRI) Jamshedpur8
Indian Institute of Technology Kharagpur9
Indian Institute of Technology Bombay10
Management Development Institute Gurgaon11
National Institute of Industrial Engineering Mumbai12
Indian Institute of Technology Madras Chennai13
Indian Institute of Technology Roorkee14
Indian Institute of Management Raipur15
Indian Institute of Technology Kanpur16
Indian Institute of Management Tiruchirappalli17
Indian Instittute of Management Udaipur18
SP Jain Institute of Management and Research – SPJIMR Mumbai19
Symbiosis Institute of Business Management Pune20

Top 10 MBA colleges in India Private

These top MBA colleges offer management courses and keep up with the global MBA environment. While IIMS-Ahmedabad, Bangalore, and Calcutta still hold the top spots in the best MBA colleges, there are many private colleges doing just as well. These colleges are able to compete with the IIMS because of their highly qualified staff, excellent infrastructure, and outstanding placements. This list includes all information necessary to contact these top MBA colleges in India to help you choose the right school for you.

1) S.P. Jain Institute of Management and Research, Mumbai

Website: http://www.spjimr.org

2) Birla Institute of  Management Technology, Greater Noida

Website: https://www.bimtech.ac.in

3) Symbiosis School of Business Management, Pune

Website: https://www.sibm.edu

4) Narsee Monjee Institute of Management Studies, Mumbai

Website: https://www.nmims.edu

5) Great Lakes Institute of Management, Chennai

Website: https://www.greatlakes.edu.in

6) International Management Institute, Delhi

Website: http://www.imi.edu

7) Institute of Management Technology, Ghaziabad

Website: https://www.imt.edu

8) The Institute of Chartered Financial Analysts of India, Hyderabad

Website: http://www.ibshyderabad.or

9) Welingkar Institute, Mumbai

Website: https://www.welingkar.org

10) Amity Business School, Noida

Website: http://noida.agbs.in

Top 10 MBA colleges in India NIRF

‘National Institutional Ranking Framework’ analyzes the overall performance of all colleges in different streams and publishes the rankings every year.

Top 10 MBA colleges in India NIRF 2021

Name of the collegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34
IIT Delhi572.15
IIM Indore671.1
IIM Lucknow771.02
XLRI, Jamshedpur869.93
IIT Kharagpur969.5
SJMSOM, IIT Bombay1068.08

Top MBA colleges in India placement wise

College NameAverage Annual FeeAverage Salary Package
XLRI JamshedpurINR 4,26,000INR 22,35,000
SIBM PuneINR 5,90,000INR 17,48,000
SPJIMR MumbaiINR 9,30,000INR 22,90,000
MDI GurgaonINR 9,43,000INR 20,13,000
Lovely Professional University [LPU]INR 2,90,000INR 6,00,000
IMT GhaziabadINR 10,35,000INR 12,50,000
SIBM BangaloreINR 8,20,000INR 9,79,000
ISB HyderabadINR 34,63,000INR 25,06,000
Great Lakes ChennaiINR 16,00,000INR 11,00,000

Top MBA Colleges in India Frequently Asked Questions

1. Which are the top MBA colleges in India for Finance?

Ans. IIM Bangalore is a leading management college offering specialized finance education. FMS Delhi and SPJIMR Mumbai are also regarded.

2. Name three top MBA colleges in India for operations management?

Ans. IIM Bangalore is, IIM Kolkata and IIM Indore can be regarded as some of the most prestigious management colleges in India.

3. Is CAT mandatory for MBA admissions in top Bschools in India?

Ans. No. Although CAT is the most popular entrance exam, there are other options such as XAT, CMAT and ATMA, as well as state entrance exams or university entrance exams that can be used to help you get into the MBA program.

4. How can one check which BSchool to take admissions to?

Ans. To narrow down your choices for a BSchool, it is advisable to look at the top colleges and specializations. You can check the NIRF rankings for top BSchools, but each student is different. Students should also consider the facilities, placements and alumni connect of all colleges they are considering.

5. Which is the best entrance exam to get into a top BSchool?

Ans. Other exams, such as XAT and CMAT, ATMA, MAT, and ATMA, are also available for admission. These entrance exams are popular because there is a lot of competition for the CAT. Many students opt to take these exams in order to get into the most popular BSchools across India.

6. What makes pursuing an MBA a popular career option?

Ans. MBA graduates have a career that is both lucrative and able to achieve professional success. It has been voted one of the most sought-after careers by many students.

7. Is MBA better than CA? Do their salaries differ?

Ans. There are many differences between the degrees. Not only in the subject matter but also in what follows. Not only does the salary structure vary depending on your degree, but also how much experience you have. MBA is primarily management-oriented. CA is commerce-related. MBA can be specialized in different areas, while CA is not. MBA is a two-year course, while CA takes longer and requires more work. While an MBA does not require articleship, it includes an integral part of the program. MBA is preferred by many students because it is easy to do and less demanding. Both salaries will vary depending on the nature of the work.

8. Can I do an MBA right after completing XII boards examination?

Ans. It is not possible. You must graduate from a university recognized by the MBA program before applying.

9. What is the most significant advantage of doing an MBA after doing BTech?

Ans. MBA after completing engineering is beneficial since you will be able to possess both technical and managerial skills that are essential in the corporate world.

Top 10 MBA colleges in India

Looking for the best MBA colleges in India? We have listed the top 10 MBA colleges in India. First, we will discuss why it is so important, especially in these difficult economic times, to find the best MBA college. We are currently seeing the global economy in recovery. This will likely lead to a more aggressive response to the Covid 19 impacts.

The next year will be a start to return to pre-COVID or better times. All are in favor of the 2023 class. This year’s top 10 MBA colleges in India according to rankings make a lot more sense for MBA prospects in terms of utility. The situation in India may prove both confusing and worthwhile for applicants, as there are many business schools.

Ranking of the Best MBA Colleges for 2022:Top 50 MBA Schools & Top 100 MBA Schools in India

This perspective shows that there are a few ranking agents like CSR, Business India and Business Word that can be trusted and reputable. They assist applicants in navigating the many options. These Top 10 MBA Colleges in India rankings are based upon the IIRF 2021 publication. This publication relies heavily on authentic information and an understanding of all available data.

This site is based on extensive research and will provide expert guidance based on industry experience and expert opinions regarding MBA admissions in 2022. These honorable organizations and IIRF are widely regarded as India’s top-ranked B-school Rankings. The IIRF rankings have been released and IIMs remain at the top of the charts, but FMS and Taxila Business School, XLRIJIMs and JIMs have remained unaffected despite fierce competition.

Top 10 MBA colleges in India 2022

India’s Ministry of Education releases an annual ranking of the top MBA colleges under the National Institutional Ranking Framework (NIRF). The all-India ranking of the top 100 MBA colleges in India is based on several parameters, including teaching, learning, resources and research, professional practices, graduation outcomes, and outreach and inclusion, as well as perception.

Below is the list with the top 10 MBA schools in India according to the NIRF ranking of 2021 of The NIRF ranking is also available.

Name of the CollegeNIRF ’21 Ranking
IIM Ahmedabad1
IIM Bangalore2
IIM Calcutta3
IIM Kozhikode4
IIT Delhi DoMS5
IIM Indore6
IIM Lucknow7
XLRI Jamshedpur8
IIT Kharagpur-VGSOM9
IIT Bombay SJMSOM10

Top MBA Colleges in India – Private and Public

Listed below are about 70 public private MBA colleges in India, over 500 public MBA colleges in India, and over 3,000 private MBA colleges in India.

The following are the top 10 private MBA colleges in India:

Private CollegesCourse Fee (in Rs)
XLRI Xavier School of Management, Jamshedpur23.60 L
MDI Gurgaon21.34 L
NITIE, Mumbai11.33 L
SPJIMR, Mumbai17.87 L
Symbiosis Institute of Business Management, Pune10.20 L
SVKM’s Narsee Monjee Institute of Management Studies10.42 L
Great Lakes Institute of Management, Chennai11.81 L
Indian Institute of Foreign Trade, Delhi8.85 L
International Management Institute, Delhi18.34 L
ICFAI Business School, Hyderabad14.14 L

Top 10 MBA colleges in India without CAT

A number of MBA selection tests are available apart from CAT. These can be taken by students to gain admission into an accredited B-school. There are many top MBA colleges in India that will accept competitors, regardless of whether or not they have taken the CAT. This is a list listing the top MBA schools in India that do not recognize the CAT score.

XLRI Jamshedpur

XLRI offers a Post Graduate Diploma of Management in areas such as Business Human Resource and General Management. XLRI scores students on the Xavier Aptitude Test. After passing the aptitude test, applicants must present an article within 20 minutes. Following the XAT score is determined, the applicants must present an article within 20 minutes.

NMIMS

One of India’s top MBA universities is Narsee Monjee Institute of Management Studies. It offers MBA programs in Pharmaceutical Management, Capital Market Banking, Human Resources, Banking, and Banking. NMAT is required to be eligible for NMIMSNMAT can be taken up to three times by applicants to increase their score. NMAT does not have negative screening. The NMAT score, written test marks (as materials), group discussion, personal interview, presentation (as applicable) and work experience are all considered when preparing the last merit list.

Symbiosis International University

Symbiosis International University offers 11 schools in Pune, Bengaluru and Nashik. These schools offer MBAs for Operations, Human Resources, Finance, and Marketing. An applicant must take the SNAP Exam to be eligible for admission to Symbiosis Universities. After applicants have been shortlisted based on their SNAP scores, they can appear for GD or PI.

MICA, Ahmedabad

Mudra Institute of Communication in Ahmedabad offers PGDM (Communications), Fellow Program in Management – Communications, and many other Post Certificate programs. To be admitted to MICA, applicants must take the CAT, GMAT and XAT along with MICAT. MICAT is used to test students for their Divergent Thinking Abilities, Written Communications Abilities and General Awareness of current social and business issues. This includes areas related to media, promoting and publicizing, as well as Analytical, Verbal, and Verbal Abilities.

IIFT

The Government of India established IIFT in 1963. With its International Business course, it is one of India’s top MBA schools. IIFT has two branches in Delhi and Kolkata. It1 offers an MBA program in International Business. There are 26 questions in the extraordinary General Knowledge section of the exam. Students are selected to write an exposition after passing the IIFT exam. This exposition will be used to determine if they are eligible for GD or PI.

Top 10 MBA colleges in India rank wise

Top Institutes in NIRF MBA College Ranking 2021

Top 20 management Institutes in MHRD NIRF MBA Ranking 2021 are: 

Name of the Management InstituteNIRF Ranking 2021 Position
Indian Institute of Management Ahmedabad1
Indian Institute of Management Bengaluru2
Indian Institute of Management Calcutta3
Indian Institute of Management Kozhikode4
Depatment of Management Studies IIT Delhi5
Indian Institute of Management Indore6
Indian Institute of Management Lucknow7
Xavier Labour Relations Institute (XLRI) Jamshedpur8
Indian Institute of Technology Kharagpur9
Indian Institute of Technology Bombay10
Management Development Institute Gurgaon11
National Institute of Industrial Engineering Mumbai12
Indian Institute of Technology Madras Chennai13
Indian Institute of Technology Roorkee14
Indian Institute of Management Raipur15
Indian Institute of Technology Kanpur16
Indian Institute of Management Tiruchirappalli17
Indian Instittute of Management Udaipur18
SP Jain Institute of Management and Research - SPJIMR Mumbai19
Symbiosis Institute of Business Management Pune20

Top 10 MBA colleges in India Private

These top MBA colleges offer management courses and keep up with the global MBA environment. While IIMS-Ahmedabad, Bangalore, and Calcutta still hold the top spots in the best MBA colleges, there are many private colleges doing just as well. These colleges are able to compete with the IIMS because of their highly qualified staff, excellent infrastructure, and outstanding placements. This list includes all information necessary to contact these top MBA colleges in India to help you choose the right school for you.

1) S.P. Jain Institute of Management and Research, Mumbai

Website: http://www.spjimr.org

2) Birla Institute of  Management Technology, Greater Noida

Website: https://www.bimtech.ac.in

3) Symbiosis School of Business Management, Pune

Website: https://www.sibm.edu

4) Narsee Monjee Institute of Management Studies, Mumbai

Website: https://www.nmims.edu

5) Great Lakes Institute of Management, Chennai

Website: https://www.greatlakes.edu.in

6) International Management Institute, Delhi

Website: http://www.imi.edu

7) Institute of Management Technology, Ghaziabad

Website: https://www.imt.edu

8) The Institute of Chartered Financial Analysts of India, Hyderabad

Website: http://www.ibshyderabad.or

9) Welingkar Institute, Mumbai

Website: https://www.welingkar.org

10) Amity Business School, Noida

Website: http://noida.agbs.in

Top 10 MBA colleges in India NIRF

‘National Institutional Ranking Framework’ analyzes the overall performance of all colleges in different streams and publishes the rankings every year.

Top 10 MBA colleges in India NIRF 2021

Name of the collegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34
IIT Delhi572.15
IIM Indore671.1
IIM Lucknow771.02
XLRI, Jamshedpur869.93
IIT Kharagpur969.5
SJMSOM, IIT Bombay1068.08

Top MBA colleges in India placement wise

College NameAverage Annual FeeAverage Salary Package
XLRI JamshedpurINR 4,26,000INR 22,35,000
SIBM PuneINR 5,90,000INR 17,48,000
SPJIMR MumbaiINR 9,30,000INR 22,90,000
MDI GurgaonINR 9,43,000INR 20,13,000
Lovely Professional University [LPU]INR 2,90,000INR 6,00,000
IMT GhaziabadINR 10,35,000INR 12,50,000
SIBM BangaloreINR 8,20,000INR 9,79,000
ISB HyderabadINR 34,63,000INR 25,06,000
Great Lakes ChennaiINR 16,00,000INR 11,00,000

Top MBA Colleges in India Frequently Asked Questions

1. Which are the top MBA colleges in India for Finance?

Ans. IIM Bangalore is a leading management college offering specialized finance education. FMS Delhi and SPJIMR Mumbai are also regarded.

2. Name three top MBA colleges in India for operations management?

Ans. IIM Bangalore is, IIM Kolkata and IIM Indore can be regarded as some of the most prestigious management colleges in India.

3. Is CAT mandatory for MBA admissions in top Bschools in India?

Ans. No. Although CAT is the most popular entrance exam, there are other options such as XAT, CMAT and ATMA, as well as state entrance exams or university entrance exams that can be used to help you get into the MBA program.

4. How can one check which BSchool to take admissions to?

Ans. To narrow down your choices for a BSchool, it is advisable to look at the top colleges and specializations. You can check the NIRF rankings for top BSchools, but each student is different. Students should also consider the facilities, placements and alumni connect of all colleges they are considering.

5. Which is the best entrance exam to get into a top BSchool?

Ans. Other exams, such as XAT and CMAT, ATMA, MAT, and ATMA, are also available for admission. These entrance exams are popular because there is a lot of competition for the CAT. Many students opt to take these exams in order to get into the most popular BSchools across India.

6. What makes pursuing an MBA a popular career option?

Ans. MBA graduates have a career that is both lucrative and able to achieve professional success. It has been voted one of the most sought-after careers by many students.

7. Is MBA better than CA? Do their salaries differ?

Ans. There are many differences between the degrees. Not only in the subject matter but also in what follows. Not only does the salary structure vary depending on your degree, but also how much experience you have. MBA is primarily management-oriented. CA is commerce-related. MBA can be specialized in different areas, while CA is not. MBA is a two-year course, while CA takes longer and requires more work. While an MBA does not require articleship, it includes an integral part of the program. MBA is preferred by many students because it is easy to do and less demanding. Both salaries will vary depending on the nature of the work.

8. Can I do an MBA right after completing XII boards examination?

Ans. It is not possible. You must graduate from a university recognized by the MBA program before applying.

9. What is the most significant advantage of doing an MBA after doing BTech?

Ans. MBA after completing engineering is beneficial since you will be able to possess both technical and managerial skills that are essential in the corporate world.

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