Top 20 MBA Colleges in India

When most people think of Top MBA Colleges in India, they think of the IIMs. The situation has changed over time, and many other MBA Colleges have made it to the list of Top MBA Colleges in India 2022. MBA Colleges in India include, among others, ISBs, IIMs, XLRIs, IITs, SPJIMR, FMS Delhi Universities, IMTs and MDIs.
Top 20 MBA Colleges in India

When most people think of Top MBA Colleges in India, they think of the IIMs. The situation has changed over time, and many other MBA Colleges have made it to the list of Top MBA Colleges in India 2022. MBA Colleges in India include, among others, ISBs, IIMs, XLRIs, IITs, SPJIMR, FMS Delhi Universities, IMTs, and MDIs. Top MBA colleges in India include the Indian Institutes of Management (IIM), FMS Delhi University, XLRI, ISB, SPJIMR, MDI, IIT, IMT, and many more.

If you are considering an MBA program, you have several options. On the other hand, the sheer volume of information available on the internet about the Top business schools in India may overwhelm you. We’ve created a table that lists the Top 20 MBA Colleges in India, as well as their flagship programs, entrance exams, tuition fees,  and average salary after graduation.

Top 20 MBA Colleges in India:

Based on the most recent NIRF ranking 2021, we have ranked the Top MBA Colleges in India based on post-MBA salary. Among the Top MBA Colleges in India are the Indian Institutes of Management (IIM), IMT, ISB, SPJIMR, FMS Delhi University, MDI, IIT, XLRI, and many more. Here is a list of the Top 20 MBA Colleges in India.

Sr.noNIRF 2021 RankingTop MBA Colleges in IndiaLocationProgramAverage/Mean/Median Salary (INR)Tuition Fees(Domestic)
INR
12IIM BangaloreBangalorePGP28,96,00023,00,000CAT/GMAT
23IIM CalcuttaKolkataPGP27,00,00024,00,000CAT/GMAT
3NAIndian School of Business (ISB)HyderabadPGP28,29,00033,05,120GMAT/GRE
47IIM LucknowLucknowPGP26,00,00019,25,000CAT/GMAT
5NAFMS DelhiDelhiMBA26,00,0001,92,000GMAT/CAT
619SPJIMR MumbaiMumbaiPGDM25,00,00019,00,000GMAT/CAT/XAT
78XLRI Xavier School of ManagementJamshedpurPGDM (Business Management)24,30,00025,80,000XAT/GMAT/CAT
86IIM IndoreIndorePGP23,60,00016,20,000CAT/GMAT
911MDI Gurgoan – Management Development InstituteGurugramPGDM22,00,00021,34,000CAT/GMAT
101IIM AhmedabadAhmedabadPGP22,82,00023,00,000CAT/GMAT
1112National Institute of Industrial EngineeringMumbaiPGDM 22,80,00014,63,000CAT
1210IIT Bombay – Shailesh J Mehta School of Management MumbaiMumbaiMBA21,96,0009,06,400CAT
1325Indian Institute of Foreign Trade (IIFT Delhi)DelhiMBA in International Business21,08,0008,85,000IIFT/ GMAT
144IIM KozhikodeKozhikodePGP20,00,00020,00,000CAT/GMAT
1520Symbiosis Institute of Business ManagementPuneSIBM19,56,00021,27,950SNAP
1623IIM ShillongShilongPGP18,76,00014,60,000CAT/GMAT
175DMS IIT DelhiNew DelhiMBA18,50,0008,00,000CAT
189IIT KharagpurKharagpurMBA18,44,00011,59,760CAT/GMAT
1916IIT KanpurKanpurMBA16,86,00010,97,600CAT
2015IIM RaipurRaipurPGP15,11,00014,20,400CAT

Frequently Asked Questions:

Q1. Which is the top MBA college in India?

Ans. According to the most recent NIRF rankings, IIM Ahmedabad is the best MBA college in India. IIM Bangalore is ranked second, IIM Calcutta is ranked third, IIM Lucknow is ranked fourth, and IIT-Delhi-Do MS is ranked fifth.

Q2. Between a private and a government MBA college, which is better?

Ans. Any MBA college that is UGC recognized and AICTE approved is a good choice because they provide the most up-to-date curriculum. However, the candidate must decide which MBA college to attend from among private and public institutions. Private institutions have better infrastructure, but government institutions have lower fees.

Q3. Which are the top MBA colleges in India?

Ans. IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more are among the top MBA colleges in India.

Q4. How much does MBA in India cost?

Ans. The average tuition fee for top MBA colleges in India is approximately INR 10,68,413 per year.

Q5. Is Cat necessary for MBA?

Ans. No, the candidate must have taken the CAT in order to be admitted to IIM-K. Only CAT scores are accepted by IIMs. IIMs do not accept other entrance exam scores or offer direct admission.

Q6. Is GMAT accepted in IIM?

Ans. MBA colleges in India that accept the GMAT include IIMs, ISB, SPJIMR, and many other prestigious institutions. If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programs both in India and abroad: One-year MBA programs in India include ISB, IIMs, SPJIMR, XLRI, and Great Lakes.

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