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Top 20 A Grade Business Schools in India - Check out the Best B-Schools list & Factors determining an A Grade Business Schools in India
Check out the list of Top 20 A Grade Business Schools in India 2023, but before that have a look at the multiple categories into which B-schools are divided and accordingly they are ranked.
There are 100s of MBA Colleges but only the chosen few come up as the Top 20 A Grade Business Schools in India. The list of Top 20 Grade Business Schools in India consists of colleges that are Private Colleges or owned by public/government organizations. In the Top 20 Grade Business Schools in India, CAT, XAT, and CMAT are the main exams accepted for the admissions.
According to the NIRF ranking 2023, the best MBA colleges in India are IIM Ahmedabad, IIM Bangalore, and IIM Calcutta.
- IIM Kozhikode improved its ranking as it shifted to rank 3 in 2023 as compared to rank 5 in 2022
- IIM Calcutta declined in its order as it shifted to rank 4 in 2023 when as compared to rank 3 in 2022
- Banaras Hindu University has the lowest tuition fee, which is INR 10,228.
- Top 20 A Grade Business Schools in India which has its 1st ranking institute - IIM Ahmedabad offers the highest placement package, i.e. INR 31.50 LPA.
- The Top 20 A Grade Business Schools in India also include IIM Ahmedabad, followed by IIM Bangalore and IIM Kozhikode. In the most recent NIRF rankings for 2023, the institutes are rated 1, 2, and 3.
Top MBA Colleges In India 2023
The Master of Business Administration (MBA) is often regarded as a highly coveted postgraduate degree. This two-year curriculum provides access to a wide range of corporate job opportunities. The Master of Business Administration (MBA) program is selected by students across several academic fields, including areas such as the humanities, business, and sciences. An MBA program typically has a duration of two years, which is further broken into four semesters. Furthermore, there are select private MBA institutions that provide one-year Post Graduate Diploma in Management (PGDM) degrees.
Following is a list of the top 10 MBA colleges in India ranked by NIRF 2023:
Prior to getting into the list of Top 20 A Grade Business Schools in India 2023, it is important to look at the many classifications that business schools are segregated into, which subsequently determine their respective rankings.
AAA+ & AAA: The grades AAA+ and AAA indicate a high degree of academic success, whilst B indicates a somewhat lesser level of performance.This group of schools has an unblemished track record of obtaining a 100% placement rate. The college offers a high-quality education, outstanding faculty members, and superb facilities.
AA & A: Offers a reliable educational program and facilitates excellent job placement for individuals who possess strong communication abilities.
BBB+, BBB, & BB: B-schools in the BBB+, BBB, and BB categories are recognized for their successful placement records and for providing high-quality education.
B+ and B: The B+ and B category business school does not provide placement opportunities in nationally recognized organizations for its students. However, it has shown success in facilitating placements with local companies.
Others Category: The group of B-schools referred to as "Others" is characterized by a lack of facilities, faculty resources, and placement opportunities. Therefore, it is recommended that students visit the campus prior to making any decisions.
Please refer to the table below for a comprehensive overview and detailed information onTop 20 A 20-grade business Schools in India
Have a look at the below table to get a clear view and detail of the Top 20 Grade Business Schools in India consisting of AAA+ & AAA, AA & A, BBB+, BBB, & BB, B+ and B, Others Category ranking:
| Top 20 A Grade Business Schools In India | Courses Offered | NIRF (Ranking 2020) | Category | MBA Fee (in Lakhs) |
|---|---|---|---|---|
| IIM Ahmedabad | (PGP in Management), FPM, MMS | 1st | AAA+ | INR 23 Lakhs |
| IIM Bangalore | PGPEM, PGP, PGPPM | 2nd | AAA+ | INR 23 Lakhs |
| IIM Calcutta | PGP-PGDM | 3rd | AAA+ | INR 27 Lakhs |
| IIM Lucknow | PGP in Agribusiness & PGP in Sustainable Management | 4th | AAA+ | INR 14.16 Lakhs |
| IIT Kharagpur | MBA, M.TECH, M.SC, LLB | 5th | BBB+ | INR 9 Lakh |
| IIM Kozhikode | PGP, FDP, MDP | 6th | AAA+ | INR 19 Lakhs |
| IIM Indore | IPM, PGP-HRM, PGP | 7th | AAA+ | INR 16 Lakhs |
| DMS IIT Delhi | MBA/PGDM/ Ph.D | 8th | AAA+ | INR 9.89 Lakhs |
| XLRI | Executive MBA/PGDM/ Ph.D | 9th | AAA+ | INR 20 Lakhs |
| MDI Gurgaon | Executive MBA/PGDM/ FPM | 10th | Others | INR 16 Lakhs |
| SJMSOM IIT Bombay | Executive MBA/PGDM/ Ph.D | 11th | AAA+ | INR 8.67 Lakhs |
| IIT Roorkee | MBA/PGDM/ B.E/ B.TECH/ M.E/ M.TECH | 12th | A | INR 4.92 Lakhs |
| NITIE Mumbai | MBA/PGDM/ PG Diploma | 12th | AAA+ | INR 13.43 Lakhs |
| DoMS IIT Madras | MBA/PGDM/ | 14th | AAA | INR 8 Lakhs |
| IIM Trichy | PGPM, PGPBM | 15th | AAA | INR 16.5 Lakhs |
| IIT Kanpur | MBA/PGDM/ M.E/ M.TECH | 16th | AA | INR 3.67 Lakhs |
| IIM Udaipur | Entrepreneurs Post Graduate Programme (PGP) | 17th | AAA | INR 13.75 Lakhs |
| SPJIMR | MBA/PGDM/ FPM | 18th | AAA+ | INR 17.5 Lakhs |
| IIM Raipur | Post Graduate Programme | 19th | AAA | INR 12.61 Lakhs |
| IIM Ranchi | Post Graduate Diploma in Management & Human Resource | 20th | AAA | INR 15 Lakhs |
Top 20 A Grade Business Schools In India Eligibility Criteria
To be eligible to apply to any of the Top A Grade Business Schools in India for the MBA program, you must first satisfy the following requirements -
1. Graduation Degree
As the essential qualifying condition for the MBA course (full-time), candidates must possess a graduate degree in any field or equivalent from a recognized institution.
2. Minimum Score
Most institutions, according to the All India Council for Technical Education (AICTE), adopt a minimum graduation score as a norm. The following are the minimum scoring requirements: For candidates from limited groups, the aggregate or equivalent is 50%, and relocation is 5%.
3. Professional Degree Holders
Professional degree holders such as MBBS, CA, CS, ICWAI, and others are also eligible to attend MBA programs at any Indian B-school.
How to Get into the Top 10 Tier 1 MBA Colleges in India (Private)?
All the important information including the Top 10 Tier 1 MBA Colleges in India and as we know in order to get into these particular Colleges we should have answered the question “ How to Get into the Top 10 Tier 1 MBA Colleges in India? “ below we have listed the Top 10 Tier 1 MBA Colleges in India into 2 groups private and Government MBA Colleges in India
There are more than 2900 private MBA colleges in India. They are also contrasted with the Indian Institutes of Management (IIM). It is likely that someone is seeking a collection of educational institutions worth considering as they begin their preparations for the next MBA admissions season in India. In response to the growth of easily available educational institutions, a thorough list of the Top 10 Tier 1 MBA Colleges in India (Private) has been made.
In order to get accepted into a respected college to pursue their Master of Business Administration (MBA) degree, students must exhibit financial restraint since attending private business schools may be costly.
Students are often accepted into the majority of Tier 1 MBA colleges in India based on results from national entrance exams like the CAT and GMAT, among others. Furthermore, a few of private universities run their own admission tests.
Top 10 Tier 1 MBA Colleges In India
The list consists of the Top 10 MBA Colleges in India 2023 (Private), as per the rankings
How to Get into the Top Tier 1 MBA Colleges in India (Govt.)?
The Top 10 Tier 1 MBA Colleges in India (Govt.) are renowned for their outstanding academic accomplishments on a worldwide scale. These colleges often use CAT scores as a legitimate admissions factor. These educational institutions continually strive to provide their pupils the best possible education.
A famous Tier 1 MBA College in India for students looking to pursue a master's degree in management is the Indian Institute of Management (IIM). Most students undoubtedly want to attend the Indian Institute of Management (IIM).
Twenty institutions in all that provide management-related educational programs make up the IIMs. Indian Institutes of Management (IIMs) in Ahmedabad, Bangalore, Calcutta, Indore, and Lucknow are among the best.
Top 10 Tier 1 MBA Colleges in India (Government)
Listed below are the Top 10 MBA Colleges in India 2023 (Govt.) rank wise
Which is the best College for MBA in India which includes A Grade Business Schools in India?
The NIRF rankings are released annually based on the data collected by the framework. Rankings and ratings are determined based on five key variables, namely graduation rate, research and professional practices, teaching and learning resources, and the overall image of the school.
Following is a list of the top 10 MBA colleges in India ranked by NIRF 2023 or A Grade Business Schools in India (detail of Top A Grade Business Schools in India consists AAA+ & AAA, AA & A, BBB+, BBB, & BB, B+ and B, Others Category ranking) :
Colleges in the List of Top 10 MBA Colleges In India
Listed below is list of top 10 MBA in India along with fee and seat intake:
| Top MBA Colleges | Total Fee | Seat Intake |
|---|---|---|
| IIM Ahmedabad Admission | INR 18.19 lakh | 50 |
| IIM Bangalore Admission | INR 24.50 lakh | 635 |
| IIM Kozhikode Admission | INR 20.50 lakh | NA |
| IIM Calcutta Admission | INR 27.67 lakh | 63 |
| IIT Delhi Admission | INR 10.40 lakh | 91 |
| IIM Lucknow Admission | INR 12.60 lakh | NA |
| IIM Mumbai (formerly known as NITIE) Admission | INR 22 lakh | 338 |
| IIM Indore Admission | INR 17 lakh - INR 35 lakh | 662 |
| XLRI-Xavier School of Management Admission | INR 27.40 lakh | 1,080 |
| IIT Bombay Admission | INR 8 lakh - INR 20 lakh | 152 |
Top Private MBA Colleges In India
List of the top private MBA colleges in India along with fee/seat intake and entrance exam/eligibility criteria:
| College Name | Fees | Entrance Exam/Eligibility |
|---|---|---|
| XLRI MBA Admission | INR 27.40 lakh | Entrance Exams: XAT, GMAT Graduation with a minimum aggregate of 50% |
| MDI MBA Admission | INR 24.70 lakh | Entrance Exams: CAT, XAT, MAT, GMAT Graduation with 50% aggregate |
| SIBM Pune MBA Admission | INR 22.20 lakh | Entrance Exam: SNAP Bachelor’s degree with an aggregate of 50% |
| SPJIMR MBA Admission | INR 20.42 lakh | Entrance Exam: CAT Graduation with 50% aggregate |
Top Government MBA Colleges In India
List of top public/government MBA colleges in India along with their total course fee/seat intake and entrance exams/eligibility criteria:
| College Name | Total Fee | Entrance Exam/Eligibility |
|---|---|---|
| IIM Ahmedabad MBA | INR 18.19 lakh | Entrance Exam: CAT, GATE Graduation with 50% aggregate |
| IIM Bangalore MBA | INR 24.50 lakh | Entrance Exam: CAT Graduation with 50% aggregate (45 % for SC/ST students) |
| IIT Delhi MBA | INR 10.40 lakh | Entrance Exam: CAT Graduation with 60% aggregate |
| IIM Kozhikode MBA | INR 20.50 lakh | Entrance Exam: CAT, EMAT Graduation with 50% aggregate |
Top Distance MBA Colleges In India 2023
Below are the best distance MBA colleges in India along with fee and seat intake:
| Distance MBA Colleges | Total Fee | Seat Intake |
|---|---|---|
| XLRI Xavier School of Management | INR 14 lakh | NA |
| SRM Institute of Science and Technology | INR 60,000 | 1,200 |
| National Institute of Agricultural Extension Management | INR 15,000 | NA |
| Neville Wadia Institute of Management Studies and Research | INR 3.8 lakh | 120 |
| Indian Institute of Finance | INR 1.6 lakh | NA |
| IGNOU | INR 62,000 | NA |
Frequently Asked Questions about Top 20 A Grade Business Schools in India
Q. What are Tier 1 MBA Colleges in India?
Ans. The Tier 1 MBA Colleges in India are the highest-ranking management institutions in India. The Tier 1 MBA Colleges provide superior educational opportunities, distinguished teaching members, state-of-the-art facilities, and exceptional placement services. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, and XLRI are considered to be among the leading Tier 1 MBA institutions in India.
Q. Which business school rating is considered the most credible in India?
Ans. The rankings of A Grade Business Schools in India in the year 2023.
IIM Bangalore is recognized as one of India's most reputable B-school Rankings, with this esteemed rating placing it as the top B-school in India. The Indian Institute of Management Calcutta has the second position, while the Indian Institute of Management Ahmedabad holds the third position, making them two of the top three business schools in India.
Q. Which business school is considered to be the top MBA college in India placement-wise?
Ans. Top MBA colleges in India placement wise - The Indian Institute of Management Ahmedabad provides the most lucrative placement package, amounting to INR 31.50 LPA. According to rankings and reputation, IIM Ahmedabad is widely regarded as the top MBA school in India, with IIM Bangalore and IIM Kozhikode following closely behind. According to the latest National Institutional Ranking Framework (NIRF) rankings for the year 2023, the institutions have been assigned the ratings of 1, 2, and 3.
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