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Top 10 MBA College in India

Top 10 MBA Colleges in India

Top 10 MBA Colleges In India If you are interested in taking an MBA programme, you have numerous possibilities. However, the quantity of information available on the internet about the top MBA colleges in India can be overwhelming and confusing. There are several MBA colleges in India, and it is critical for every candidate to […]

 Saurav Anand
 Saurav Anand 08/07/2023
08/07/2023
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

Top 10 MBA Colleges In India

If you are interested in taking an MBA programme, you have numerous possibilities. However, the quantity of information available on the internet about the top MBA colleges in India can be overwhelming and confusing. There are several MBA colleges in India, and it is critical for every candidate to carefully consider and select their ideal MBA Colleges before enrolling. In order to have the finest learning experience and pursue a satisfying career, the MBA College you pick must have top-notch education, reputation, outstanding placement possibilities, alumni network, professors, and so on.

To assist you in making an educated career decision,  in this article, we have prepared a table that lists the top 10 MBA colleges in India, along with their flagship programme, tuition costs, admission test, NIRF ranking, and average pay post-MBA.

What is MBA?

A Master of Business Administration, or MBA, is a graduate-level business and management degree that focuses on leadership and management abilities. Earning this degree will provide you with the skills and information you need to advance your career, migrate to other sectors, or even start your own business.

The MBA programme is a management and marketing-focused academic programme. It covers topics like organizational behavior, marketing, management principles, supply chain management, operations management, and so on. Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, and Accenture are among the top MBA recruiters. Finance Manager, Product Manager, Strategy Manager, HR Manager, and other middle management positions are commonly available to MBA graduates. On completing the MBA degree, students can get jobs with salaries ranging between INR 8 lakh to INR 30 lakh per annum.

 MBA Colleges In India Overview

Here we have tabulated the key highlights that the aspirants need to keep in their mind while selecting the top 10 MBA colleges in India to study MBA.

Key HighlightsDetails
Number of MBA Colleges In IndiaApproximately 6000+
Course FeesVaries from 2 Lakhs to 30 Lakhs (Depending on the Type of Course)
Top MBA Colleges in India Admission EligibilityThe eligibility criteria vary from college to college.
However, the basic criteria are, the aspirants must be graduated from any recognised University in India with at least 50% in aggregate (45% for Reserved Category)
Entrance Exam AcceptedCAT, XAT, CMAT, MAT, SNAP, TISSNET, GMAT, NMAT, IIFT, and State-level Entrance (MBA CET)
Number of IIMs20
Number of IITs07

Top MBA Colleges In India Admission Eligibility

A degree or equivalent from any authorized university in India is essential need for pursuing MBA. However, depending on the specialty chosen, the minimum score criteria may range from institution to university. Take notice of the following instructions to understand the admission standards for top MBA colleges in India. A bachelor's degree from an accredited university with at least 50% (45% for the limited category) is required. It is always advisable to contact the official website of Top MBA Colleges in India for further details to avoid last-minute misunderstandings. Candidates must typically provide the results of any MBA Entrance Exams. If you want to pursue executive MBA programmes from Top MBA Colleges in India, then it is compulsory to have 2-3 years of full-time work experience.

Top MBA Colleges In India Admission Process

The Top MBA colleges in India Admission process generally involves the following steps:

  1. Entrance Exam: Most top 10 MBA colleges in India: Require candidates to appear for a designated entrance exam. The Common Admission Test (CAT) is widely accepted by the Indian Institutes of Management (IIMs) and many other top-tier B-schools. Other popular exams include Xavier Aptitude Test (XAT), Graduate Management Admission Test (GMAT), Common Management Admission Test (CMAT), and Management Aptitude Test (MAT). Each college specifies the exams they accept, and candidates need to register and appear for the relevant exam.
  2. Application Form: After the entrance exam, candidates must complete the application form for the respective MBA colleges. The application form is usually available online on the college's official website. It requires personal details, academic information, work experience (if any), entrance exam scores, and other relevant information.
  3. Shortlisting: Based on the entrance exam scores, colleges create a cut-off or merit list to shortlist candidates for further rounds. Shortlisted candidates are usually informed through email or the college's website. Each college has its own cutoff criteria, which may vary depending on factors like the number of available seats, the difficulty level of the entrance exam, and the applicant pool.
  4. Selection Rounds: Shortlisted candidates are invited for further selection rounds, which typically include Group Discussion (GD), Written Ability Test (WAT), and Personal Interview (PI). These rounds assess a candidate's communication skills, analytical thinking, problem-solving abilities, leadership potential, and suitability for the MBA program. Some institutes may also conduct a Case Study Analysis or other exercises as part of the selection process.
  5. Final Selection: The final selection is based on a candidate's overall performance in the entrance exam, selection rounds, past academic records, work experience (if any), and other criteria set by the institute. Some colleges assign weightage to different components of the selection process to arrive at the final merit list. The selected candidates are then notified of their admission offer.

It's important to note that the Top MBA colleges in India Admission process may be slightly different for different colleges. Therefore, it is advisable for candidates to refer to the official websites of the specific MBA colleges they are interested in for detailed and up-to-date information on the admission process and requirements.

Top MBA Entrance Exam

Looking forward to the MBA entrance examinations in 2023 to gain admission to a reputable B-School but unsure how to prepare? Previously, MBA admissions to business schools were granted only on the basis of merit. With a rising number of applicants, most B-Schools have revised their MBA admission standards to include an MBA entrance test.

  • CAT 2023: The Common Admission Test (CAT) is a national-level MBA admission test administered on a rotating basis by IIMs once a year. The official website is yet to publish CAT 2023 test information and dates. The authority in charge of the CAT entrance exam in 2023 will also be notified. The CAT 2022 test was last administered by IIM Bangalore in 2022. According to the CAT 2023 test format, the exam will last two hours and will consist of three sections: verbal ability and reading comprehension (VARC), data interpretation and logical reasoning (DILR), and quantitative aptitude (QA). The CAT entrance test contains time limit requirements for each part. There is no formal CAT syllabus provided by IIMs.
  • CMAT 2023: Another national-level MBA entry test is the Common Management Admission Test, or CMAT. The MBA entrance test for the year 2023 admissions will be administered online by NTA in the last week of April 2023. The CMAT test format specifies that the question paper will contain four sections that must be completed in three hours. Candidates who intend to take the CMAT entrance test can study CMAT question papers 2023.
  • XAT 2023: Every year, the Xavier School of Management in Jamshedpur holds the Xavier Aptitude Test to select applicants for MBA/PGDM programmes. This MBA entrance test 2023 is administered by computer. According to the XAT 2024 test format, the examination will consist of four sections that must be completed in three hours while keeping the negative marking scheme in mind.
  • IIFT: Indian Institute of Foreign Trade is a national-level MBA entrance test, the results of which are used to determine admission to the Indian Institute of Foreign Trade's MBA (IB) programme. The National Testing Agency will administer the IIFT 2024 test on a computer in tcs ION center. The test will last 120 minutes and will consist of four sections, according to the IIFT 2023 exam schedule. There will be no sectional length, but each question will be marked negatively.
  • SNAP 2023: The Symbiosis National Aptitude Test, which is administered by Symbiosis International (Deemed University), is one of the National MBA Entrance Exams 2023 in India. Candidates who take SNAP 2023 will be able to enroll in one of 16 Symbiosis universities that provide MBA/PGDM programmes. SNAP 2023 registration will most likely commence in the first week of August. Candidates should review the SNAP 2023 qualifying requirements before registering.
  • NMAT: The Graduate Management Admission Council, or GMAC, administers the NMAT, a national-level MBA entry test. The NMAT is the only test that permits candidates to retake it three times. The number of questions has been reduced to 108 from the previous year's NMAT test design. Previously, a total of 120 questions were asked over all three parts. NMAT participating institutes 2023 are the institutions that accept NMAT admission test scores. Aside from the 29 institutes in India, 7 institutes in South Africa and 5 in the Philippines accept NMAT results for admission.
  • IBSAT: IBS Hyderabad (ICFAI Business School) administers the IBS Aptitude Test, which is one of India's national-level MBA entry examinations for 2023. Candidates who take the IBSAT 2023 will be eligible to enroll in any of the nine IBS campuses, which are located in Hyderabad, Dehradun, Ahmedabad, Bangalore, Gurgaon, Mumbai, Jaipur, Kolkata, and Pune. According to the IBSAT 2023 exam format, the computer-based examination will consist of 140 questions. Candidates can review the IBSAT syllabus 2023 for preparation reasons.
  • TS ICET: On behalf of the Telangana State Council for Higher Education (TSCHE), Kakatiya University has posted the TS ICET 2023 announcement and exam dates online. The test is usually referred to as the TS ICET. The TS ICET entrance test dates for 2023 are officially out, and they are May 26-27.
  • AP ICET: Sri Krishnadevaraya University, Ananthapuramu, organizes the Andhra Pradesh Integrated Common Entrance Test (AP ICET) on behalf of the Andhra Pradesh State Council of Higher Education (APSCHE). AP ICET 2023 is a major MBA Entrance Exam 2023 in India, and applicants who pass the exam will be allowed to enroll in universities in the state of Andhra Pradesh. Candidates must be familiar with the AP ICET Exam Pattern 2023 in order to take this state-level MBA admission exam.
  • MAH MBA CET 2023: The state-level MBA entrance exam MAH MBA CET is held to provide applicants with admission to universities in Maharashtra State. According to the MAH MBA CET 2023 test dates, MAH CET was held on March 25 and 26, 2023. However, due to technical difficulties, the MAH MBA CET will be conducted on April 30, 2023, for select applicants.
  • B-MAT 2023: Bhartiya Vidyapeeth Deemed University administers the University level MBA entrance test B-MAT to all campuses for admission to MBA and MBA (HR). The B-MAT 2023 results are now available on the BVP website.
  • NIPER JEE MBA 2023: Once a year, the National Institute of Pharmaceutical Education and Research (NIPER), Hyderabad, holds the NIPER JEE MBA, a University-level MBA admission test. The application form for the NIPER JEE MBA will be accessible until the last week of September 2023. NIPER JEE MBA 2023 lasts 120 minutes in total. Candidates who pass this University level test will be admitted to the MBA in Pharmaceutical Management programme.
  • CUSAT CAT 2023: Cochin University of Science and Technology Common Admission Test, or CUSAT CAT, is one of India's university-level MBA admission tests in 2023. The Cochin University of Science and Technology administers the test once a year.
  • MAT 2023: The All India Management Association (AIMA) administers the Management Aptitude Test (MAT) four times a year for admission to over 600 B-schools across India. The MAT exam 2023 is a national-level MBA admission exam held in the months of February, May, September, and December. MAT 2023 test dates for the May session are now available for all exam formats.
  • ATMA 2023: The ATMA test is administered four to five times a year by the Association of Indian Management Schools (AIMS) in order to provide online admission to the MBA course. ATMA results are recognized by over 740 B-Schools in India for the purpose of admitting applicants to management programmes.
  • TISSNET 2024: The Tata Institute of Social Science administers the Tata Institute of Social Science National Entrance Test for admission to MBA degrees at TISS campuses around the country. TISSNET is a computer-based test that lasts 1 hour and 40 minutes and is given in English. TISSNET questions are organized into three sections: general awareness, English proficiency and mathematics, and logical reasoning. The examination comprises 100 questions.

MBA Entrance Exam date 2023

Before preparing to take any MBA entrance exam or beginning MBA study, students need to be aware of significant dates associated with those tests. The MBA entry application deadline and other dates included in the table are updated on a regular basis in accordance with the corresponding notices provided by the exam's conducting authority.

MBA Entrance Exam 2023MBA Entrance Registration Start DateEnd of Registration ProcessMBA Entrance Date 2023
CAT 2023First week of August 2023To be announcedNovember 26, 2023 (tentative)
CMAT 2023February 13, 2023March 13, 2023To be announced
IIFT 2024To be announcedTo be announcedTo be announced
IBSAT 2023To be announcedTo be announcedTo be announced
XAT 2024To be announcedTo be announcedJanuary 7, 2024 (tentative)
TISSNET MBA 2024Second week of December 2023Last week of January 2024February 2024
SNAP 2023To be announcedTo be announcedTo be announced
MAH CET 2023February 23, 2023March 11, 2023March 18-19, 2023
 March 25-26, 2023
NMAT 2023To be announcedTo be announcedTo be announced
MAT 2023
 (May Session)
Available NowPBT: May 16, 2023
 CBT 1: May 09, 2023
 CBT 2: May 30, 2023
PBT: May 21, 2023
 CBT 1: May 14, 2023
 CBT 2: June 04, 2023
TS ICET 2023March 6, 2023May 6, 2023 (without late fee)May 26-27, 2023
AP ICET 2023March 20, 2023April 19, 2023May 25-26, 2023

Top 10 MBA Colleges In India With Fees

If you want to pursue MBA program then you have to know about the Top 10 MBA colleges in India with fees, in the given table you’ll find out the list of Top 10 MBA colleges in India With fees.

NIRF RankingTop Management 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 KozhikodeRs. 19 Lakhs
7IIM LucknowRs. 19.30 Lakhs
8IIM IndoreRs. 21.10 Lakhs
9Faculty of Management Studies - FMS Delhi Rs. 10,480(per year)
10Jamnalal Bajaj Institute of Management Studies (JBIMS)Rs. 5.89 Lakhs
Top 10 MBA colleges in IndiaFees
Indian Institute of Technology Delhi5,12,000
Xavier Labour Relations Institute (XLRI), Jamshedpur12,90,000
Indian Institute of Technology Kharagpur50,000
Indian Institute of Technology Bombay9,43,000
Management Development Institute, Gurugram7,03,000
National Institute of Industrial Engineering, Mumbai2,05,000
Indian Institute of Technology Madras4,16,000
Indian Institute of Technology Roorkee10,76,000
Indian Institute of Technology Kanpur10,76,000
S. P. Jain Institute of Management & Research, Mumbai10,95,000

Top 10 MBA Colleges In India Placement Wise

While findingbest college,aspirants also want a good placement after completing MBA program, here are the Top 10 MBA colleges in India placement wise which give you the good placement with highest Average salary.

Top 10 MBA colleges in India placement-wiseTop 10 MBA colleges in India highest average salary.
IIM CalcuttaINR 34,20,000
ISB (Indian School of Business)*INR 34,08,000
IIM BangaloreINR 33,82,000
IIM AhmedabadINR 33,81,865
FMS DelhiINR 32,40,000
SPJIMR MumbaiINR 32,05,000
IIM LucknowINR 31,03,000
XLRI Xavier School of ManagementINR 30,70,000
IIM IndoreINR 25,01,000
MDI Gurgaon – Management Development InstituteINR 23,80,000

Top 10 MBA Colleges In India NIRF Ranking 2022

" All management students wonder, "Which college is bestfor MBA in India?" Before enrolling in a college, students should do research on the institution and read the evaluations provided by past students, as well as study on internet reviews, and make an educated selection, as this is an important component that will impact their future. The table below covers the Top 10 MBA colleges in India NIRF Ranking 2022:

Top 10 MBA colleges in IndiaTop 10 MBA colleges in India NIRF Ranking 2022
Indian Institute of Management Ahmedabad1
Indian Institute of Management Bangalore2
Indian Institute of Management Calcutta3
Indian Institute of Technology Delhi4
Indian Institute of Management Kozhikode5
Indian Institute of Management Lucknow6
Indian Institute of Management Indore7
Xavier Labour Relations Institute (XLRI)8
National Institute of Industrial Engineering, Mumbai9
Indian Institute of Technology Madras10

Top MBA Colleges In India Government

There many government universities take admission for MBA program.

Here are the list of Top MBA colleges in India Government:

Top MBA colleges in India (Government)Top  MBA colleges in India with fees (Approx)
IIM AhmedabadINR 23 LPA
IIM BangaloreINR 24 LPA
IIT DelhiINR 12 LPA
IIM KozhikodeINR 20 LPA

Top 10 MBA Colleges In India Private

Through diverse MBA curricula, MBA colleges give their students with global experience. These give students with overseas work and internship possibilities, allowing them to obtain practical experience while also learning conceptually. The table below is a list of the Top 10 MBA colleges in India (Private).

Top 10 MBA Private colleges in IndiaFees (Approx.)
XLRIINR 24 LPA
MDIINR 22 LPA
SIBM PuneINR 23 LPA
SPJIMRINR 20 LPA

IIM Ahmedabad: The Indian Institute of Management (IIM) in Ahmedabad provides six postgraduate and doctorate programmes. IIMA was founded in 1961 with the conceptualization and participation of the Central and State governments of India. M.B.A, Executive M.B.A, PGP Food and Agribusiness Management, ePGD in Advanced Business Analytics, ePost Graduate Programme in Management, and Ph.D Management programmes are available at IIM Ahmedabad. Students who match the qualifying requirements and obtain the appropriate scores are admitted to courses at the Indian Institute of Management Ahmedabad. Admission to IIM Ahmedabad will be based on students' success in entrance exams such as the CAT/GRE/GMAT.

  • IIM Ahmedabad Placement: The table below illustrates the number of offers made and the maximum earning potential (in LPA) for the previous three years, where the number of offers made is nearly same with a little percentage rise in the top package this year. Let's compare IIM Ahmedabad Placements 2022, IIM Ahmedabad Placements 2021, and IIM Ahmedabad Placement 2020 year by year.
Placement Years No. Of OffersHighest CTC
2022382INR 61.48
2021374INR 55.00
2020388INR 55.88

Top 10 MBA Colleges In India Without Entrance Exam

In India, there are several colleges that grant admission based on academic merit. These colleges solely hold GD-PI rounds to shortlist candidates. However, several of Top 10 MBA colleges in India are without entrance exams. Take a look at the table below to get a list of the Top 10 MBA colleges in India without an entrance exam.

Top 10 MBA colleges in india without entrance examCourse Fees (Approximate)
RV Institutes of Management, Bangalore5 LPA
Acharya Insitute of Management and Science, Bangalore4.01 LPA
Asian Business School, Delhi7.2 LPA
Amity University7.67 LPA
LM Thapar School of Management, Mohali8.97 LPA
Lovely Professional University, Jalandhar5.80 LPA
NBS, Ahmedabad5.85 LPA
Auro University7 LPA
Amrut Mody School of Management- Ahmedabad6 LPA
IBMR- Ahmedabad4.95 LPA

Top 10 MBA Colleges In India Without CAT

CAT is a highly competitive test, with millions of applicants taking it each year; nevertheless, it is not required to take the CAT test, since some other Top 10 MBA colleges in india without CAT, here the table below and establish a list of Top 10 MBA colleges in india without CAT.

Top 10 MBA Colleges In India Without CAT
Xavier School of Management- XLRI, Jamshedpur
Symbiosis International University
Christ University, Bangalore
Narsee Monjee Institute of Management Studies- NMIMS
ICFAI Business School
Mudra Institute of Communication (MICA)
Jamnalal Bajaj Institute of Management Studies, Mumbai
Osmania University, Hyderabad
Institute of Management Technology- IMT
Great Lakes Institute of Management

Top 10 MBA Colleges In India Except for IIM

The IIMs govern the subject of management studies. However, IIMs are not the only management schools that provide high-quality education. There are other elite institutions in India whose quality is comparable to that of the IIMs.

MBA, the most popular programme among students, is available at numerous colleges in India, except IIM. For those interested in doing an MBA, here is a list of the Top 10 MBA colleges in India except IIM.

Top 10 MBA colleges in India except of IIM
Indian Institute of Technology Delhi
Xavier Labour RelationsInstitute (XLRI), Jamshedpur
Indian Institute of Technology Kharagpur
Management Development Institute, Gurugram
National Institute of Industrial Engineering, Mumbai
Indian Institute of Technology Madras
Indian Institute of Technology Roorkee
Indian Institute of Technology Kanpur
S. P. Jain Institute of Management & Research, Mumbai

Top 10 MBA Colleges In World

MBA, or Masters of Business Administration, is one of the most popular postgraduate programmes worldwide. Everyone wishes to attend the best business schools and universities in the world. As a result, Top 10 MBA colleges in the world. The first and most important step in selecting an MBA programme is to determine how much time and money you are willing to commit in your study. The second step would be to select the appropriate programme that matches your needs. Here is the list of Top 10 MBA colleges in world:

Top 10 MBA colleges in world
Stanford Graduate School of Business
Harvard Business School
Penn (Wharton)
HEC Paris
MIT (Sloan)
IE Business School
Columbia Business School
INSEAD
IESE Business School

Top 10 MBA Colleges In Mumbai

Top 10 MBA colleges in Mumbai for shortlisting and offering admission to their flagship MBA/PGDM programs. Among the students' top choices is Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, which is renowned for its low fee structure, strong alumni network, and excellent placement opportunities. This leading Top 10 MBA colleges in Mumbai. Here are the list of Top 10 MBA colleges in Mumbai

S. No.MBA Colleges In MumbaiFee Structure (approx..)
1.National Institute of Industrial Engineering - NITIE MumbaiRs. 12.6 Lakhs
2. Jamnalal Bajaj Institute of Management Studies - JBIMSRs. 6 Lakhs
3. Shailesh J. Mehta School of Management - SJMSoM-IIT BombayRs. 14 Lakhs
4.SP Jain Institute of Management & Research - SPJIMRRs. 20.05 Lakhs
5.SIMSREE, MumbaiRs. 3 Lakhs
6.Narsee Monjee Institute of Management Studies - NMIMSRs. 23 Lakhs
7.K.J Somaiya Institute of ManagementRs. 3.2 Lakhs
8.Xavier Institute of Management and Research - XIMR MumbaiRs. 5.5 Lakhs
9.N.L. Dalmia Institute of Management studies and ResearchRs. 12.5 Lakhs
10.Welingkar MumbaiRs. 14 Lakhs
11.SIES, MumbaiRs. 11.90 Lakhs
12.ITM, Navi MumbaiRs. 11.95 Lakhs

Frequently Asked Questions about Top 10 MBA Colleges In India:

Q. What are the Top 10 MBA colleges in India?

Ans: Some of the Top 10 MBA colleges in India are:

Q. What is the admission process for the top 10 MBA colleges in India?

Ans: The admission process for MBA programs in these colleges generally involves the following steps:

  • Appearing for a competitive entrance exam, such as CAT (Common Admission Test), XAT (Xavier Aptitude Test), GMAT (Graduate Management Admission Test), or other exams specified by the respective institutes.
  • Qualifying the cutoff scores set by the institutes for the entrance exam.
  • Shortlisted candidates are invited for further selection rounds, which may include group discussions (GD), written ability test (WAT), personal interviews (PI), and sometimes a case study analysis or other exercises.
  • Final selection is based on a candidate's overall performance in the entrance exam, selection rounds, past academic records, work experience (if any), and other criteria set by the institute.

Q. What is the average fee for MBA programs in these colleges?

Ans: The average fee for MBA programs in these top colleges varies significantly. However, it can range from around ₹10 lakhs to ₹25 lakhs or more for the entire course, depending on the institute and the specialization chosen. Some private institutes, such as ISB, may have higher fees compared to government-funded institutes like IIMs.

Q. Do these colleges offer scholarships or financial aid for MBA students?

Ans: Yes, many of these colleges offer scholarships or financial aid to deserving and meritorious students. The availability and criteria for scholarships may vary across institutes. Some scholarships are based on academic performance, while others may consider factors like economic background, diversity, or leadership potential. It is advisable to visit the respective college websites or contact their admissions offices for detailed information about the scholarships available.

Q. What are the popular specializations offered in these MBA colleges?

Ans: The popular specializations offered in MBA colleges in India include:

However, the availability of specializations may vary from institute to institute. It is recommended to check the specific programs offered by each college for accurate and up-to-date information.

Q. What are the placement opportunities like in these top MBA colleges?

Ans: The placement opportunities in these top MBA colleges are generally excellent. Many reputed companies, both national and international, participate in the campus recruitment process. The placement cells of these institutes work closely with the industry to facilitate internships and job placements for their students. The average and highest salary packages offered to students vary depending on factors like the institute's reputation, the student's specialization, and their performance during the course. It is advisable to refer to the placement reports of the respective colleges for more specific information.

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