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The Indian Institute of Management Ahmedabad better known as the IIMA was crowned as the Top MBA College in India 2023, closely followed by the Indian Institute of Management Bangalore and the Indian Institute of Management Kozhikode.
The National Institutional Ranking Framework (NIRF) rankings for the year 2023 include many Top MBA Colleges in India, including the esteemed IIM Calcutta, as well as renowned institutions such as IIT Delhi and XLRI Jamshedpur.
Top MBA Colleges in India as per NIRF Ranking
The 'National Institutional Ranking Framework' assesses the comprehensive performance of institutions across several disciplines and annually releases the results. The National Institutional Ranking Framework (NIRF) has released the rankings for the top MBA institutions in India for the year 2023. The rankings are as follows:
Top 10 MBA Colleges in India as per NIRF 2023
Top 10 MBA Colleges in India as per NIRF 2021
| Name of the college | NIRF Ranking 2021 |
|---|---|
| IIM Ahmedabad | 1 |
| IIM Bangalore | 2 |
| IIM Calcutta | 3 |
| IIM Kozhikode | 4 |
| IIT Delhi | 5 |
| IIM Indore | 6 |
| IIM Lucknow | 7 |
| XLRI, Jamshedpur | 8 |
| IIT Kharagpur | 9 |
| SJMSOM, IIT Bombay | 10 |
Top 10 MBA Colleges in India with Fee Structure
What are the Top 10 MBA colleges in India with fee structure?
Listed below are the Top 10 MBA colleges in India with fee structure and seat intake:
| Top 10 MBA colleges in India with fee structure | Total Tuition 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 MBA Colleges in India Placement Wise
Top MBA colleges in India Placement Wise 2023 - Let’s check some facts below to get into the list.
- Top MBA colleges in India Placement Wise was listed as the High Salary Increased in institutions like IIM Indore, IIM Shillong, IIM Udaipur, IIFT, IIM Rohtak, TISS, XIMB, Masters Union, IIT Bombay, IIT Delhi which saw a recorded 11% to 20% increase in average salary this year. IIMs namely IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Kozhikode along with others with a YoY growth of 2 to 6 percent.
- Moderate Salary Increase in the Top MBA colleges in India Placement Wise which also included FMS Delhi, XLRI, SPJIMR, MDI, and MICA have witnessed a YoY growth of 2 to 6 percent in average salary this year.
- Newt of the Top MBA colleges in India Placement Wise list: Masters Union, BITSoM, IIM Rohtak, XIM Bhubaneswar with their high average salary registered in placement 2023. Interestingly, the placements in 2023 for the first MBA batch at BITSoM Mumbai have surprised many top B-schools with an average salary registered at Rs. 23.85 LPA, which is higher than many long-established top MBA colleges including IIMs.
Top MBA Colleges in India Placement Wise by Average Salary in Placements 2023
| Top MBA Colleges in India Placement Wise by Average Salary | MBA Average Salary 2023 |
|---|---|
| IIM Bangalore | Rs. 35.31 LPA |
| IIM Calcutta | Rs. 35.07 LPA |
| FMS Delhi | Rs. 34.10 LPA |
| ISB Hyderabad | Rs. 34.21 LPA |
| IIM Ahmedabad | Awaited |
| 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. 30.21 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 |
| NMIMS Mumbai | Rs. 26.63 LPA |
| DMS IIT Delhi | Rs. 25.82 LPA |
| BITSoM Mumbai | Rs. 23.85 LPA |
| SCMHRD Pune | Rs. 23.83 LPA |
| IIM Raipur | Rs. 21.04 LPA |
| IIM Tiruchirappalli | Rs. 20.55 LPA |
Top 10 Private MBA Colleges in India
India is home to over 63 prestigious private institutions offering Master of Business Administration (MBA) programs. CAT, ATMA, XAT, and MAT are among the prominent admission examinations that are widely recognized and approved by prestigious private MBA institutions in India. XLRI, MDI, and Symbiosis Institute of Business Management are recognized private institutions in India that provide Master of Business Administration (MBA) programs.
According to the National Institutional Rating Framework (NIRF) rating for the year 2023, Xavier School of Management (XLRI) has been identified as the highest-ranked private institution offering Master of Business Administration (MBA) programs in India.
The updated rankings for certain prestigious private MBA colleges in India are shown below:
- Among the Top 10 private MBA colleges in India is Xavier School of Management (XLRI) declined its ranking as it shifted to rank 9 in 2023 as compared to rank 8 in 2022
- SVKM's Narsee Monjee Institute of Management Studies improved its ranking as it shifted to rank 21 in 2023 as compared to rank 25 in 2022
Top 10 Private MBA Colleges in India Highlights 2023
The Master of Business Administration, or MBA, is one of the most sought-after postgraduate programs. This two-year degree makes a lot of corporate job prospects available. Students from a range of academic disciplines, including the humanities, business, and sciences, choose the MBA. A typical MBA program lasts two years and is divided into four semesters. A few private MBA programs also offer PGDM programs that last one year.
Top 10 Private MBA Colleges in India with NIRF Ranking 2023
The framework annually collects data and then publishes the NIRF rankings on a yearly basis. The rankings and ratings are determined by evaluating five key factors, namely the graduation rate, research and professional practices, teaching and learning resources, and the overall reputation of the school.
Among the top 10 private MBA colleges in India. The best private MBA colleges in India, according to NIRF 2023, are listed below:
| College Name | NIRF 2021 | NIRF 2022 | NIRF 2023 |
|---|---|---|---|
| Xavier School of Management (XLRI) | 8 | 8 | 9 |
| Management Development Institute (MDI) | 11 | 13 | 13 |
| Symbiosis Institute of Business Management | 20 | 17 | 17 |
| S. P. Jain Institute of Management & Research | 19 | 21 | 20 |
| SVKM`s Narsee Monjee Institute of Management Studies | 22 | 25 | 21 |
| Amity University | 29 | 28 | 28 |
| International Management Institute, New Delhi | 26 | 30 | 34 |
| Great Lakes Institute of Management | 24 | 31 | 31 |
| ICFAI Foundation for Higher Education, Hyderabad | 27 | 32 | 40 |
| Lovely Professional University (LPU) | 37 | 34 | 32 |
Top Private MBA Colleges in India
Tabulated below is the list of best private MBA colleges in India along with their total tuition fee and eligibility criteria:
| College Name | Total Tuition Fee/Seat Intake | Entrance Exam/Eligibility |
|---|---|---|
| Xavier School of Management Admission | INR 27.40 lakh Seats: 1,080 | Entrance Exams: CAT, XAT, GMAT Class 12 with 50% aggregate |
| Management Development Institute Admission | INR 24.70 lakh Seats: 420 | Entrance Exam: CAT Class 12 with 50% aggregate |
| Symbiosis International Pune Admission | INR 22.20 lakh Seats: 282 | Entrance Exam: SNAP Class 12 with 50% aggregate |
| S P Jain Institute of Management and Research Mumbai Admission | INR 20.42 lakh Seats: 720 | Entrance Exam: CAT Class 12 with 50% aggregate |
Top 10 MBA Colleges in India (Government)
Getting admission into the Top 10 MBA colleges in India (Government) is not as easy as we think, the preparation for getting into such colleges depends on how good your preparation is for the CAT Entrance exam or possibly some other entrance exam like GMAT.
An aspirant looking to take up a course at one of the Top 10 MBA Government Colleges in India, especially in the public sector, looks for the top institutions in the country for the course. It is no different when it comes to MBA colleges, and government institutes are among the best for MBAs.
Therefore, students who wish to pursue an MBA from a top accredited institution can enroll in government colleges of India that offer MBA or equivalent degree courses. In addition, these government MBA colleges are highly regarded internationally in management circles, making them some of the most competitive MBA institutions. It is possible, however, for a candidate to succeed in such colleges if he or she prepares well and builds a strong profile starting from the time of graduation.
Top 10 MBA Colleges in India (Government) NIRF Ranking 2023
The Indian government's Ministry of Education implements an annual ranking system called NIRF (National Institutional Ranking Framework). It evaluates and ranks higher education institutions in India based on various factors, including teaching, learning, research, graduation outcomes, and perception.
Top 10 MBA colleges in India (Government) NIRF rankings assess institutions across a wide range of disciplines, including MBA programs.
Below you can check the Top Government MBA Colleges in India with NIRF Ranking from the past three years, i.e. from 2022 & 2023 are mentioned below:
| Top 10 MBA Colleges in India (Government) | 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 |
| Indian Institute of Technology, (IIT) Madras | 10 | 15 |
In accordance with the national rankings of NIRF for the management category (2022), here are the Top 10 MBA colleges in India (Government) (2022).
| Top 10 MBA Government Colleges in India (College/University) | NIRF Ranking | Course | MBA Government Colleges in India Entrance Exams | MBA Government Colleges in India Fees (Approx.) |
|---|---|---|---|---|
| Indian Institute of Management (IIM) Ahmedabad | 1 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 25,00,000 |
| Indian Institute of Management (IIM) Bangalore | 2 | Master of Business Administration (MBA) | CAT, GMAT | INR 24,00,000- INR 25,00,000 |
| Indian Institute of Management (IIM), Kozhikode | 3 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 20,00,000-INR 21,00,000 |
| Indian Institute of Management (IIM) Calcutta | 4 | Master of Business Administration (MBA) | CAT, GMAT | INR 24,00,000 |
| Indian Institute of Technology (IIT), Delhi | 5 | Masters in Business Administration (MBA) | CAT | INR 10,00,000–INR 11,00,000 |
| Indian Institute of Management (IIM), Lucknow | 6 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 19,00,000–INR 20,00,000 |
| National Institute of Industrial Engineering (NITIE), Mumbai | 7 | Post Graduate Diploma in Management (PGDM) | CAT | INR 13,00,000-INR 14,70,000 |
| Indian Institute of Management (IIM), Indore | 8 | Post Graduate Program in Management (PGPM) | CAT, GMAT | INR 21,00,000 |
| Indian Institute of Technology (IIT), Bombay | 10 | Master of Business Administration (MBA) | CAT | INR 2,00,000-INR 7,00,000 |
Top 10 MBA Colleges in India (Government) Eligibility and Accepted Entrance Exams for Admissions
The Top 10 MBA colleges in India (Government) have a complete framework for the admission and selection process of students. The primary phases involved in the admission process for a government-affiliated MBA institution in India encompass:
The primary qualifying criteria for the degree program are in line with the institution's norms.
Taking and passing a recognized management admission test.
The applicant is applying for admission to the program at the chosen school and plans to take part in the writing proficiency test, as well as the personal interview or group discussion stages.
The minimum eligibility criteria for applying to an MBA program at a government MBA school are that the applicant meets the basic admission standards.
A Bachelor's degree from an approved university or institution is the minimal educational prerequisite for the applicant.
To be deemed eligible, the candidate must have received a minimum aggregate score of 50% in their undergraduate studies. Certain colleges and institutions may require applicants seeking admission to their MBA program to have a minimum of 2-3 years of professional experience in the relevant field.
Once an applicant has met the admission standards, the next step in the admission procedure is to successfully complete a recognized management entrance test.
As part of their admissions process, Indian Institutes of Management (IIMs) and Indian Institutes of Technology (IITs), along with other universities, look at the scores of candidates primarily on two entrance examinations:
Some other commonly accepted management entrances include:
Here is a list of the top 10 MBA Government Colleges of India as well as the accepted entrance exams in these institutions. After successfully passing the first screening rounds of admission based on management entrances, the further stages of evaluation encompass:
- The Writing Ability Test (WAT)
- A personal interview (PI) and/or
A group discussion is a collaborative conversation with several participants who engage in an exchange of ideas, opinions, and perspectives on a certain topic or issue. In addition to considering other considerations such as previous academic performance, professional experience, scholastic accomplishments, and extracurricular achievements, many of these institutions also assign importance to these aspects.
Top 10 Tier 1 MBA colleges in India
Below is the list of the Top 10 Tier 1 MBA colleges in India, with complete details about Tier 1 MBA colleges in India
- Fees
- Average CTC
- Entrance Exam
- Cut off (Percentile)
The article also lists below a comprehensive list of the top 10 Tier 1 MBA Colleges in India, which includes the prestigious Indian Institutes of Management (IIMs).
Prospective students interested in pursuing their studies at prestigious Tier 1 MBA institutions in India should carefully consider the most up-to-date information on the CAT Exam 2023. This examination serves as a crucial pathway for gaining admission into the esteemed Top MBA Colleges in India.
Gaining admission to the top 10 Tier 1 MBA schools in India is a challenging endeavor, prompting candidates to consider other institutions in addition to their preferred choices. The Tier 1 MBA institutions in India are not listed in a specific order, and their prices and cut-off scores are subject to change.
To verify the information before making any decisions, applicants should visit the official websites of the respective colleges or contact Formfees for Admission-related information.
| List of Top 10 Tier 1 MBA Colleges in India | Tier 1 MBA colleges in India Fees | Tier 1 MBA colleges in India Average CTC offered | Tier 1 MBA Colleges in India Entrance Exams | Tier 1 MBA colleges in India Cutoff (Percentile) |
|---|---|---|---|---|
| Jamnalal Bajaj Institute of Management Studies (JBIMS) | 6 Lakhs | 27.63 LPA | MAH-CET/CAT/CMAT | 99.99 |
| Indian School of Business, Hyderabad (ISB) | 35.45 Lakhs | 34.21 LPA | GMAT | 710 (GMAT cut-off) |
| Indian Institute of Management, Lucknow (IIM L) | 20.75 Lakhs | 31.03 LPA | CAT | 97-98 |
| Indian Institute of Management, Kozhikode (IIM K) | 20.5 Lakhs | 29.5 LPA | CAT | 97-98 |
| Indian Institute of Management, Indore (IIM I) | 21.14 Lakhs | 25.01 LPA | CAT | 97-98 |
| Indian Institute of Management, Calcutta (IIM C) | 23 Lakhs | 34.20 LPA | CAT | 99 |
| Indian Institute of Management, Bangalore (IIM B) | 24.5 Lakhs | 35.31 LPA | CAT/GMAT/GRE/IIMB | 99-100 |
| Indian Institute of Management, Ahmedabad (IIMA) | 24.61 Lakhs | 32.79 LPA | CAT | 99-100 |
| Indian Institute of Foreign Trade, New Delhi (IIFT) | 21.77 Lakhs | 25.16 LPA | IIFT | 122-124 (IIFT Score) |
| Faculty of Management Studies, University of Delhi (FMS) | 2.5 Lakhs | 34.1 LPA | CAT | 98+ |
Candidates must have a minimum aggregate of 50% in their bachelor's degree and a valid score in the MBA entrance tests to get admitted to these Top 10 Tier 1 MBA colleges in India. Because most universities have already begun the admissions process, students should keep an eye on the official websites of their desired institutions and submit their applications before the deadline.
Top Tier 1 MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, and XLRI, this list is given below.
We understand how important it is for students to get into the Tier 1 MBA Colleges in India and to help you find the best college possible we have listed all the necessary details for admission to the Tier 1 MBA Colleges in India 2023 which includes the Entrance exams like CAT Exam Notification, etc.
Tier 1 MBA Colleges in India are largely based on entrance exams, similar to the recent CAT Exam admissions update, which included IIMs, IITs, XLRI, and SPJIMR, among others.
Latest Updates on CAT Exam Notification 2023 -
The CAT 2023 Exam will be held on November 26. The CAT Exam convening institute, IIM Lucknow, issued the exam date and formal announcement on July 30, 2023. CAT 2023 registration opened on August 2 at with an application deadline of September 13, 2023.
In order to register for CAT 2023, candidates must create a login ID, fill out an application form, and pay the exam fee online. CAT exam fees have increased again this year. SC/ST/PWD candidates must pay INR 1,200 while General/NC-OBC candidates must pay INR 2,400.
Top CAT Colleges in India Between the 90-100 Percentile
Those students with CAT scores range from 90 to 100 percentiles. These kids are known for working hard in class and performing well on practice assessments. They are often well-prepared for the exam and have a thorough understanding of the topic. These students get admitted to top CAT colleges in India, including as
- Xavier Labour Relations Institute (XLRI), Jamshedpur
- Indian Institute of Foreign Trade (IIFT), Delhi
- Management Development Institute (MDI), Gurgaon
- SPJIMR, Mumbai
- FMS, Delhi
- IMI, Delhi
- NITIE, Mumbai
- TISS, Mumbai
Top CAT Colleges in India Between the 80-85 Percentile
- WeSchool, Mumbai
- IFIM Bangalore
- FORE Management College, Delhi
- Birla Institute of Management, Pune
- Alliance School of Business, Bangalore
- SCMS, Cochin
- Woxsen School of Business, Hyderabad
- The Great Lakes Institute of Management, Chennai.
Top CAT Colleges in India Between 70-75 Percentile
The Indian Institute of Management (IIM) does not evaluate applicants who have a percentile score of less than 75. Private schools are the only universities to which you can apply if you have a percentile score of 70-75.
You may apply to the following Top CAT colleges in India private colleges:
- Great Lakes Institute of Management, Gurgaon
- SDA Asia Center
- MDI Murshidabad
- NIA Pune
- IFMR, KREA University
- ISBM Pune
- BIMTECH, Greater Noida
- IMT, Nagpur
- IBS Hyderabad
- SDMIMD, Mysore
- KIIT School of Management
- LIBA, Chennai
- SIES, Navi Mumbai
- VIT, Vellore
- XIME, Bangalore
- IMI, Bhubaneswar
Check the list of Tier 1 MBA colleges in India 2023 below (State Wise) -
These are some of the Top-Tier MBA Colleges in India 2023 State-wise
Tier 1 MBA Colleges in India, Gujarat.
Here are some of the top Tier 1 MBA Colleges in Gujarat.
| College | Fees | Cut Off |
|---|---|---|
| IIM Ahmedabad | INR 24,61,000 | 99 |
| Auro University Surat | INR 3,65,000 | 90 |
Tier 1 MBA Colleges in India, Kolkata
Here are some of the Tier 1 MBA colleges available in Kolkata.
| College | Fees | Cut Off |
|---|---|---|
| IIM Calcutta | INR 27,00,000 | 99 |
Tier 1 MBA Colleges in India, UP
Here are some of the Top Tier 1 MBA Colleges in UP with fees and cut-off details.
| College | Fees | Cut Off |
|---|---|---|
| Institute of Management Technology Ghaziabad | INR 19,53,000 | 90 |
| Jaipuria Institute of Management, Ghaziabad | INR 4,00,000 | 90 |
Tier 1 MBA Colleges in India, Karnataka
Here are some of the top Tier 1 MBA Colleges in Karnataka with fees and cut-off details.
| College | Fees | Cut Off |
|---|---|---|
| GIBS Business School, Bangalore | INR 8,25,000 | 99 |
| IIM Bangalore | INR 24,50,000 | 99 |
| Symbiosis Institute of Business Management | INR 9,65,000 | 90 |
Tier 1 MBA Colleges in Mumbai
Mentioned below are the Tier 1 MBA Colleges available in Mumbai.
| Cut Off | Fees | Cut Off |
|---|---|---|
| Jamnalal Bajaj Institute of Management Studies, Mumbai | INR 3,50,000 | 96 |
| SJMSOM (IIT Bombay) | INR 4,91,000 | 90 |
Tier 1 MBA Colleges in India 2023 (Government)
Here is a list of top Tier 1 MBA Colleges in India 2023 (Government) with fees and cut-off.
| College | Fees | Cut Off |
|---|---|---|
| IIM Ahmedabad | INR 24,61,000 | 99 |
| IIM Bangalore | INR 24,50,000 | 99 |
| IIM Calcutta | INR 27,00,000 | 99 |
| IIM Indore | INR 21,14,222 | 90 |
| IIM Kozhikode | INR 20,50,000 | 97 |
| IIM Ranchi | INR 8,95,000 | 94 |
| IIM Rohtak | INR 9,90,000 | 95 |
| IIM Shillong | INR 14,60,000 | 94 |
| IIM Trichy | INR 19,50,000 | 94 |
| IIM Udaipur | INR 9,40,000 | 92 |
| IIT Delhi | INR 10,40,000 | 90 |
| IIT Kharagpur | INR 6,45,000 | 90 |
| IIT Roorkee | INR 4,84,500 | 95 |
| National Institute of Industrial Engineering | INR 7,03,000 | 97 |
| XLRI Xavier School of Management | INR 12,90,000 | 92 |
Tier 1 MBA Colleges in India 2023 (Private)
Check out the top Tier 1 Private MBA Colleges in India 2023 along with fees and cut-off details.
| College | Fees | Cut Off |
|---|---|---|
| GIBS Business School, Bangalore | INR 8,25,000 | 99 |
| IMI Delhi | INR 9,55,290 | 90 |
| IMT Hyderabad | INR 6,03,000 | 90 |
| Institute of Management Technology Ghaziabad | INR 19,53,000 | 90 |
| Jaipuria Institute of Management, Ghaziabad | INR 4,00,000 | 90 |
| Jamnalal Bajaj Institute of Management Studies, Mumbai | INR 3,50,000 | 96 |
| MDI Gurgaon | INR 23,47,400 | 95 |
| PSG College of Technology | INR 20,500 | 98 |
| SIBM Bangalore | INR 9,65,000 | 90 |
| SIBM Pune | INR 13,49,000 | 97 |
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