Top 20 MBA Colleges in India

An MBA degree is a very demanding career option. Pursuing MBA from any top MBA college in India can help you gain a competitive advantage. To pursue an MBA significant resource expenditure and a significant amount of dedication is needed. There are many MBA colleges in India offering MBA courses and placements, thus, getting into one of the top MBA colleges in India is considered a great achievement for MBA aspirants. The below article includes details of the top 20 MBA colleges in India.

MBA colleges in India average fees is INR 5,00,000 – INR 18,00,000. A few of the top MBA colleges in India and their fees are;

• IIM Ahmedabad – INR 23,00,000
• IIM Bangalore – INR 23,00,000
• IIM Calcutta – INR 23,00,000
• IIT Delhi – INR 10,40,000
• IIM Kozhikode – INR 9,50,000

MBA colleges in India provide great career options to candidates. Admissions to top MBA colleges in India can be taken through entrance exams like CAT, XAT, MAT, GMAT, CMAT, and other state-level exams. The list of the top 20 MBA colleges in India is given below;

1. Indian Institute of Management, (IIM) Ahmedabad

2. Indian Institute of Management, (IIM) Bengaluru

3. Indian Institute of Management, (IIM) Kolkata

4. Indian Institute of Management, (IIM) Lucknow

5. Faculty of Management Studies, University of Delhi, Delhi

6. Indian Institute of Management, (IIM) Kozhikode

7. National Institute of Industrial Engineering (NITIE), Mumbai

8. Xavier Labour Relations Institute (XLRI), Jamshedpur

9. Shailesh J Mehta School of Management, Indian Institute of Technology (IIT), Mumbai

10.  Management Development Institute (MDI), Gurgaon

11.  Indian Institute of Foreign Trade (IIFT), New Delhi

12.  Symbiosis Institute of Business Management, Pune

13.  Jamnalal Bajaj Institute of Management Studies, Mumbai

14.  S P Jain Institute of Management & Research (SPJIMR), Mumbai

15.  Atal Bihari Vajpayee-Indian Institute of Information Technology And Management (ABV-IIITM), Gwalior

16.  Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune

17.  Indian Institute of Management, Indore

18.  Vinod Gupta School of Management, Indian Institute of Technology (IIT), Kharagpur

19.  Institute of Management Technology (IMT), Ghaziabad

20.  Dept. of Management Studies, Indian Institute of Technology (IIT), New Delhi

Top 20 MBA Colleges in India Fees

The top 20 MBA colleges in India with fees structure that are most popular and have an excellent curriculum, facilities, placements, infrastructure, etc. are given below in the table;

Top 20 MBA colleges in India	Average Tuition Fees
IIM Ahmedabad	INR 23,00,000
IIM Bangalore	INR 23,00,000
IIM Calcutta	INR 23,00,000
IIT Delhi	INR 10,40,000
IIM Kozhikode	INR 9,50,000
IIM Lucknow	INR 10,05,000
IIM Indore	INR 16,10,000
XLRI Jamshedpur	INR 12,90,000
NITIE Mumbai	INR 7,03,000
IIT Madras	INR 4,00,000
IIT Bombay	INR 8,00,000
IIT Kharagpur	INR 3,00,000
MDI Gurgaon	INR 24,70,000
IIM Raipur	INR 14,19,000
IIM Ranchi	INR 4,00,000
IIM Rohtak	INR 8,95,000
SIBM Pune	INR 22,20,000
IIM Trichy	INR 19,50,000
IIT Roorkee	INR 4,00,000
IIT Kanpur	INR 2,80,000

Top 20 MBA Colleges in India NIRF 2023

According to NIRF 2023, MBA colleges have been ranked as per their curriculum, facilities, placements, faculty, and other important factors. The list of the top 20 MBA colleges in India NIRF 2023 is given below;

NIRF Rank	Top 20 MBA colleges in India
#1	IIM Ahmedabad
#2	IIM Bangalore
#3	IIM Calcutta
#4	IIT Delhi
#5	IIM Kozhikode
#6	IIM Lucknow
#7	IIM Indore
#8	XLRI Jamshedpur
#9	NITIE Mumbai
#10	IIT Madras
#11	IIT Bombay
#12	IIT Kharagpur
#13	MDI Gurgaon
#14	IIM Raipur
#15	IIM Ranchi
#16	IIM Rohtak
#17	SIBM Pune
#18	IIM Trichy
#19	IIT Roorkee
#20	IIT Kanpur

Frequently Asked Questions about Top 20 MBA Colleges in India

Q. What are the admission criteria for the top 20 MBA colleges in India? 

Ans. The admission criteria for these top MBA colleges can vary. However, they generally consider factors such as academic performance, entrance exam scores (such as CAT, XAT, GMAT), work experience (if required), and performance in group discussions and personal interviews. It is important to check the specific requirements of each college as they may have their own criteria.

Q. Are there any scholarships available for MBA programs in the top 20 MBA colleges in India? 

Ans. Yes, many of these top MBA colleges offer scholarships and financial aid programs to deserving candidates. These scholarships are usually merit-based, need-based, or specific to certain categories like diversity, women, or economically disadvantaged students. The eligibility criteria and application process for scholarships can vary, so it is advisable to check the respective college websites for more information.

Q. What is the average fee for an MBA program at any top 20 MBA college in India? 

Ans. The average fee for an MBA program can vary widely depending on the institution, location, program duration, and reputation of the college. In India, the average fee for an MBA program in a reputed institution can range from around ₹5 lakh to ₹25 lakh or more. 

Q. Which college ranks best in India for MBA?

Ans. The top 3 MBA Colleges in India 2023 are IIM Ahmedabad, IIM Bengaluru, and IIM Kolkata. Also, IIM Lucknow Faculty of Management Studies, University of Delhi, and Indian Institute of Management (IIM) Kozhikode are the Top MBA colleges in India.

Q. Can I do MBA from a private college?

Ans. India has many private MBA colleges that offer specialized MBA and PGDM courses. The list of top private MBA colleges in India are:

• Xavier School of Management, Jamshedpur
• Indian School of Business, Hyderabad
• SP Jain Institute of Management & Research, Mumbai
• Management Development Institute, Gurgaon
• Institute of Management Technology, Ghaziabad