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Top 20 MBA Colleges In India 2023-2024

Top 20 MBA Colleges In India 2023-2024: Ranking, Fees, Placement

We are all aware that those who want to pursue MBA are far more likely to be connected to MBA Courses or institutions than they are to any other courses. Everyone who is interested in pursuing an MBA asserts that they are aware of all the information that there is to know regarding the fees, […]

 Alisha Kumari
 Alisha Kumari 26/10/2023
I'm Alisha Kumari, Versatile Content Writer proficient in researching, writing and editing diverse content. Works with minimal input to produce engaging, authoritative and error-free more

We are all aware that those who want to pursue MBA are far more likely to be connected to MBA Courses or institutions than they are to any other courses. Everyone who is interested in pursuing an MBA asserts that they are aware of all the information that there is to know regarding the fees, placement, and courses but do we really know everything about it?

Now let me enrich your knowledge by answering one most doubtful question what is the Top 20 MBA Colleges In India 2023-2024 so that the candidates can be one step ahead before the new session of MBA 2023-2024? Coming towards the top 20 MBA Colleges In India 2023-2024 then IIM Ahmedabad holds the flag of the Best MBA Colleges in India 2023-2024 followed by IIM Bangalore, and IIM Calcutta

Candidates have lots of queries related to the MBA, so for your convenience below are the answers to all this:

Quick Question:-

Which is the No 1 Colleges of MBA in India?

IIM Ahmedabad holds the crown of the  No 1 colleges of MBA in India, as it is the best among all the IIMs and provides top-notch placement, theoretical and practical knowledge with a top infrastructure. Also according to the NIRF ranking, IIM Ahmedabad is the No 1 colleges of MBA in India in the list of Top 20 MBA Colleges In India 2023-2024. 

Which is the Top 10 govt College for MBA in India?

The candidates must know that there are a lot of MBA colleges in India among them some are private, government or deemed MBA colleges. And the fees are different in all these MBA colleges. So below are the list of the Top 10 Govt College for MBA in India are:

  1. IIFT Delhi
  2. JMI
  3. IIM Rohtak
  4. COEP
  6. IIT Kanpur
  7. AMU
  8. IIM Kozhikode
  9. NIT Calicut
  10. Cochin University of Science and Technology

What are the Best MBA Colleges in India in 2023

We all know that to get the best education the candidates prefer the best colleges for their upliftment of the future. The same applies to MBA aspirants who are seeking to take admission in 2023-2024, this students also want the Best MBA Colleges in India in 2023-2024 year. So IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIT Delhi, XLRI Jamshedpur, IIM Lucknow, NITIE Mumbai are the Best MBA Colleges in India in 2023- 2024 year.

Below we have mentioned the table that includes: 

The Top IIMs in India(21 IIMs) 

It is very correct to say that most MBA aspirant's dream is to take admission to the top IIMs which is very obvious. As these colleges are top ranked management institutes in India with various surveys and rankings. Overall doing MBA Courses from these IIMs are the key to success for the students. So let me tell you through the below table that what are the Top IIMs in India according to the NIRF ranking 2023. 

NIRF MBA Ranking 2023List of IIMsYear of Establishment
1Indian Institute of Management Ahmedabad1961
4Indian Institute of Management Calcutta1961
2Indian Institute of Management Bangalore1973
6Indian Institute of Management Lucknow1984
8Indian Institute of Management Indore1996
3Indian Institute of Management Kozhikode1997
26Indian Institute of Management Shillong2008
12Indian Institute of Management Rohtak2009
16Indian Institute of Management Udaipur2009
24Indian Institute of Management Ranchi2010
11Indian Institute of Management Raipur2010
19Indian Institute of Management Kashipur2011
22Indian Institute of Management Tiruchirappalli2011
29Indian Institute of Management Visakhapatnam2015
51Indian Institute of Management Amritsar2015
43Indian Institute of Management Nagpur2015
53Indian Institute of Management Bodh Gaya2015
98Indian Institute of Management Sirmaur2015
58Indian Institute of Management Sambalpur2015
41Indian Institute of Management Jammu2016

NOTE: NITIE Mumbai which stands for National Institute of Industrial Engineering has now received the final stamp on Wednesday that is the declaration of the Gazette on the Indian Institute of Managements (Amendment) Act 2023.

Top 20 MBA Colleges In India 2023-2024

Talking about the Top 20 MBA Colleges in India 2023-2024 then below is the list of it so that the candidates can prefer themself before taking admission in the MBA colleges or may also contact formfees for the admission process in Top 20 MBA Colleges In India 2023-2024. Let us know see that in this 2023-2024 year which are the Top 20 MBA Colleges In India:

RankTop 20 MBA Colleges In India 2023-2024 list  CityStateScore
1Indian Institute of Management AhmedabadAhmedabadGujarat83.20
2Indian Institute of Management BangaloreBengaluruKarnataka80.89
3Indian Institute of Management KozhikodeKozhikodeKerala76.48
4Indian Institute of Management CalcuttaKolkataWest Bengal75.53
5Indian Institute of Technology DelhiNew DelhiDelhi74.14
6Indian Institute of Management LucknowLucknowUttar Pradesh74.11
7National Institute of Industrial Engineering, MumbaiMumbaiMaharashtra71.99
8Indian Institute of Management IndoreIndoreMadhya Pradesh71.95
9XLRI-Xavier School of ManagementJamshedpurJharkhand70.75
10Indian Institute of Technology BombayMumbaiMaharashtra68.11
11Indian Institute of Management RaipurRaipurChhattisgarh66.18
12Indian Institute of Management RohtakRohtakHaryana65.88
13Management Development InstituteGurugramHaryana64.88
14Indian Institute of Technology KharagpurKharagpurWest Bengal63.92
15Indian Institute of Technology MadrasChennaiTamil Nadu62.83
16Indian Institute of Management UdaipurUdaipurRajasthan62.78
17Symbiosis Institute of Business ManagementPuneMaharashtra62.74
18Indian Institute of Technology RoorkeeRoorkeeUttarakhand62.14
19Indian Institute of Management KashipurKashipurUttarakhand61.07
20S.P. Jain Institute of Management & ResearchMumbaiMaharashtra60.91

Top Non-IIMs MBA Colleges in India

Every year lakhs of students fill out the application form to take admission to a particular college but we all know that there are limited seats in these top colleges like maximum of 500 seats, so it's not possible for lakhs of candidates to take admission in IIMs. The candidates should also know that there are still many other Non IIMs colleges that also provide the high class placement, theoretical and practical knowledge. So below are the list of the Top Non-IIMs MBA colleges in India that the students can opt for pursuing MBA Courses

Top Non-IIMs MBA Colleges in IndiaNIRF 2021 RankingAverage Annual Fees (INR)
Indian Institute of Technology Delhi55,12,000
Xavier Labour Relations Institute (XLRI), Jamshedpur812,90,000
Indian Institute of Technology Kharagpur950,000
Indian Institute of Technology Bombay109,43,000
Management Development Institute, Gurugram117,03,000
National Institute of Industrial Engineering, Mumbai122,05,000
Indian Institute of Technology Madras134,16,000
Indian Institute of Technology Roorkee1410,76,000
Indian Institute of Technology Kanpur1610,76,000
S. P. Jain Institute of Management & Research, Mumbai1910,95,000
Symbiosis Institute of Business Management, Pune209,62,500
SVKM's Narsee Monjee Institute of Management Studies, Mumbai229,39,000
Great Lakes Institute of Management, Chennai249,12,000
Indian Institute of Foreign Trade, New Delhi253,22,000
International Management Institute, New Delhi265,60,000
ICFAI Foundation for Higher Education, Hyderabad278,00,000
Amity University, Gautam Budh Nagar295,12,000
Indian Institute of Technology (Indian School of Mines), Dhanbad3012,90,000
Kalinga Institute of Industrial Technology, Bhubaneswar3150,000
T. A. Pai Management Institute Manipal329,43,000

How many seats are there in the Top 20 MBA Colleges in India 2023-2024?

Note- The below details are arranged on the increasing order of the seats which may change according to the colleges needs.  

MBA Colleges Seats (Tentative)
IIM Calcutta462
IIM Indore451
IIM Lucknow436
IIM Bangalore412
IIM Ahmedabad385
IIM Kozhikode375
XLRI Jamshedpur360
MDI Gurgaon335
SPJIMR Mumbai240 + 35 international student intake
NITIE Mumbai235
IIFT Delhi210
FMS, University of Delhi200
SJMSoM, IIT Bombay150
VGSoM, IIT Kharagpur120
IIM Shillong120
DIME, IIT Kanpur80
DoMS, IIT Madras60
DoMS, IIT Roorkee60
DMS, IIT Delhi46
DMS, IISc. Bangalore15

Below we have provided some additional information so that the candidates can gain more knowledge regarding the MBA colleges: 

Top 20 MBA Colleges in India with Fee structure

You must all know that the fees of every top 20 MBA colleges in India are different or vary from each other. So lets the fees on the Top 20 MBA Colleges in India other than IIMs in the below table:

Top 20 MBA Colleges in India Fees Course Name
FMS-DelhiINR 1.92 lakhMBA
XLRI Jamshedpur-Xavier School of ManagementINR 23.15 lakhPGDM
MDI-GurgaonINR 24 to 28 lakhPGPM
SPJIMR-MumbaiINR 23.50 lakhPGDM
IIFT-New DelhiINR 21.77 lakhMBA International Business
ISB-HyderabadINR 38 to 41 lakhPGPM
Symbiosis Institute Of Business Management-PuneINR 24.59 lakhMBA
Jamnalal Bajaj Institute of Management Studies-MumbaiINR 6.00 lakhMMS
IMI-DelhiINR 18.20 lakhPGDM
NMIMS Mumbai-School of Business ManagementINR 11.90 to 24.00 lakhMBA
IMT-GhaziabadINR 19.50 lakhPGDM
Prin. L. N. Welingkar Institute of Management Development & Research-MumbaiINR 94,000 to 14.00 lakhPGDM
BIMTECH-Greater NoidaINR 14.00 lakhPGDM
K. J. Somaiya Institute of Management Studies And Research-MumbaiINR 19.94 lakhPGDM  International Business
IRMA-AnandINR 12.60 lakhPGDRM
Xavier Institute of Management, XIMB-BubaneshwarINR 21.50 lakhMBA
TAPMI-ManipalINR 16.50 lakhPGDM
Great Lakes Institute of Management-ChennaiINR 19.95 lakhPGPM
Symbiosis Institute of Business Management-BangaloreINR 18.00 lakhMBA
Entrepreneurship Development Institute of India - AhmedabadINRs 12.56 lakhPGDM Business Entrepreneurship

What are the Top 20 MBA Colleges in India Placement Wise

Let me ask you all that why one invest a huge amount in studying MBA course, even knowing tZAZQFBFBBhat MBA degree is one of the expensive course. So let me answer this, every candidate wants their future to be the best and secure. And MBA placement is the key to success as it is good at ROI (Return on Investment). So the students who want to take admission in the MBA course must 

Top 20 MBA Colleges in India Placement wiseMedian/Average Salary Package (INR)
SIBM, PuneRs. 18.5 lakhs
NMIMS, MumbaiRs. 1.5 lakhs
IIFT DelhiRs. 18.20 lakhs
Amity University, NoidaRs. 5.30 lakhs
KIIT University, OdishaRs. 7 lakhs
JMI, New DelhiRs. 4.2 lakhs
LPU, JalandharRs. 5.20 lakhs
KL University, GunturRs. 5 lakhs
BML Munjal University, GugaonRs. 8 lakhs
TIET, PatialaRs. 5.79 lakhs
Chandigarh University, Chandigarh-
University of Petroleum and Energy Studies DehradunRs. 5.12 lakhs
Banaras Hindu UniversityRs. 8.10 lakhs
KREA University, Sri CityRs. 13.6 lakhs
Guru Gobind Singh Indraprastha University, DelhiRs. 5.12 lakhs
PSG College of Technology, CoimbatoreRs. 5.80 lakhs
Alliance University, BangaloreRs. 7.00 lakhs
Graphic Era University, Dehradun-
Birla Institute of Technology, MesraRs. 4.12 lakhs
Christ University, BangaloreRs. 5.70 lakhs

Frequently Asked Questions about Top 20 MBA Colleges In India 2023-2024

Q. Which is the top 10 govt college for MBA in India?

Ans. The top 10 govt colleges for MBA in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, IIT Kanpur, etc. CAT, CMAT, MAT, XAT, and ATMA are some of the most accepting entrance exams of these top 10 govt college for MBA in India. 

Q. Which institute is top 5 for MBA?

Ans. Management (IIMs), XLRI, IIT, SPJIMR, ISB, FMS Delhi University, IMT, MDI, and many more are among the top 5 institutes for MBA. 

Q. Which IIM has lowest fees?

Ans. IIM Bodh Gaya charges the lowest fees for its MBA program. The current cost is 15.50 million Indian rupees. The tuition for the MBA program at IIM Bodh Gaya can be paid for in installments, and there are also opportunities for financial aid in the form of scholarships and loans.

 Q. Which state is best for top MBA colleges in India?

Ans. The greatest place to find then Best MBA Colleges in India is Ahmedabad, Gujarat. Since IIM Ahmedabad is one of India's Top MBA Colleges which is located in this state.

Q. What are the best Private MBA colleges in India?

Ans. The Best Private MBA Colleges in India are mentioned below:

  1. Xavier School of Management (XLRI), Jamshedpur
  2. Indian School of Business (ISB), Hyderabad
  3. S.P. Jain Institute of Management & Research (SPJIMR), Mumbai
  4. Management Development Institute (MDI), Gurgaon
  5. Institute of Management Technology (IMT), Ghaziabad

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