Top 30 MBA Colleges in India

After graduation, many students choose to opt MBA from the best college so that it will be helpful for students in getting the required skills to run a business and get a good placement. Read this article and get to know about the Top 30 MBA colleges in India that are private and public Institutes.

This article contains all the required information regarding the MBA in India. There are numerous career possibilities after MBA. Read this article to learn more about the Best MBA Colleges in India, their fee structure, the Top 30 MBA colleges in India accepting Top Entrance Test, and other admission requirements for admission to the Top 30 MBA colleges in India.

MBA is popular among newly graduates, it enhances skills and knowledge among graduates that is significant in running a business. Read this article if you are also opting MBA for your higher studies.

Top MBA Colleges In India Highlights

MBA can be done from any of the 5000 MBA colleges in India, but doing it from a popular, reputed college will definitely add to your experience and skills. 

Check the specific highlights about the Top 30 MBA colleges in India.

Degree	At least 50% in Undergraduate degree from any recognized university in any stream
Full form	Master of Business Administration
Level	Postgraduate
Duration	2 years
Eligibility	At least 50% in Undergraduate degree from any recognised university in any stream
Admission Criteria	Entrance exam
Entrance Exams accepted	CAT, MAT, NMAT, XAT, IIFT, SNAP, CMAT, ATMA
Top Specialisations in MBA	Finance, Sales & marketing, Human resources, International Business, IT & Systems, Business Analytics, Healthcare & hospital, Operations,  Entrepreneurship, Supply Chain, etc.

Why Pursue MBA?

After passing your undergraduate degree in any stream from a recognized university, you can choose to do MBA. MBA is a popular course for its various specializations that fit every field. 

Whether you are interested in sports management, International business, finance and banking, human resource management or logistics and supply chain management, etc. you can get a perfectly suitable job with a good salary potential after doing MBA in any such specialization.

There are over 5000 MBA Colleges in India, but you should get into a college that ensures to offer excellent study opportunities as well as good job placement to you. Bangalore, Delhi, Pune, Kolkata, and other such cities in India are having colleges that are among the Top 30 MBA Colleges in India.

They have successfully emerged as a hotspot for outstanding study environments and outstanding employment opportunities for students in IT sector, management field, and business operation. Candidates who are considering pursuing MBA should go through this article and choose from the Top 30 MBA colleges in India.

What is the Benefit of doing an MBA in 2023?

MBA is a postgraduate degree that pupil choose to do after their undergraduate degrees. It requires entrance tests to get admitted in reputed colleges but some MBA colleges in India provide admission based on merit or direct admission. 

If you get yourself enrolled in a Master of business administration, you will learn both theory and practice in business operations and investment management. An MBA programme is meant to provide you with a better knowledge of broad business management duties and inculcate certain skills.

There are a variety of reasons you can consider to get an MBA degree for your PG

• You can become an entrepreneur by starting your own business, it will be easy for you to make your business efficient and become a successful entrepreneur.
• You can also change your job profile to improve your expertise which will enhance your knowledge and ensure better networking opportunities for you.
• Increasing the value of your CV and increasing your income can be both done by having a business administration degree from a reputed college.

What are the different types of MBA? 

You can choose from full time MBA/PGDM, Executive MBA/PGDM, Distance MBA, Online MBA, Part-Time MBA, and so on. You can also take a general MBA degree or an MBA degree with a specific specialization that you are interested in, or you want expertise in.

MBA Admission Process 2023

Your admission to any MBA programmes in India is dependent on a number of factors:

• academic achievement, 
• admission examinations, 
• group discussions, and 
• personal interviews 

all of the above will be organized by the respective colleges.

You must check the eligibility for the MBA program, the eligibility criteria for doing MBA in India are provided below. 

Note: Some of the Top 30 MBA colleges in India require an entrance test for admission to MBA and some provide admission based on merit. 

Check below the eligibility criteria for MBA in India and its selection process.

Eligibility Criteria for MBA 2023

• The first requirement is that you must have completed your 10+2 from a recognized board.
• You must have an undergraduate degree in any stream from a recognized university.
• The minimum mark you should score (in UG for the general category) is 50%, and the minimum mark (in UG) for the reserved categories is 45%.
• You can also pursue the MBA if you are in your final year.

Selection Process for MBA 2023

• Your entrance marks have a high weightage in your MBA Selection.
• Candidates are chosen based on merit and through the GD and personal interviews rounds
• There may be other rounds too apart from Group Discussion and Personal Interviews depending on your college.
• If you successfully pass these rounds you become eligible for MBA admission.
• Seats for MBA will be assigned according to your merit and your performance in these rounds.

Please be notes if you are looking for admission to top MBA colleges especially in IIMs, you must no doubt qualify CAT entrance exam or you can also apply through other entrance exams like MAT, XAT, CMAT, ATMA, GMAT, etc. 

What are the documents Required For Direct Admission to an MBA?

There are certain documents that you must have in order to take admission to an MBA through direct admission. You do not need to crack any entrance exam but the following documents are required, any college giving direct admission may ask you for the following documents:

• UG Provisional certificate/ Mark sheet
• Identity proof
• 10^th / 12^th Passing certificate
• Graduation certificate
• Migration certificate
• Photographs
• Entrance test marksheet (if any)
• Category and domicile certificate (if any)

MBA Specialisation

You have a choice of pursuing a general MBA course or an MBA program in any specialization. The following are some of the common MBA specializations provided by the Top 30 MBA colleges in India that you can consider pursuing:

1. MBA in Finance
2. MBA in Healthcare and Hospital
3. MBA in Retail
4. MBA in Human Resources 
5. MBA in IT and Systems
6. MBA in Operations
7. MBA in Entrepreneurship
8. MBA in International Business
9. MBA in Business Analytics
10. MBA in Supply Chain
11. MBA in Sales and Marketing etc.

MBA Scope And Career Opportunity

Scope after MBA

You can find more than 2,500 MBA programs available for you all over the world. And in India itself, you get to choose from 5000 MBA Colleges that provide MBA in different specializations.

MBA degree will no doubt enhances the following skills in you

• Company report analysis
• Investment portfolio planning
• Stock value maximization  
• Economic trend forecasting 
• Principles of financial risk management etc.

The above-mentioned skills will help you get a job in the specific field related to your MBA specialization. 

After MBA you can choose to do the job or pursue higher studies and go for a doctorate degree in management. So MBA has a wider scope. Going for a job, pursuing a doctorate in management, or even you can use your skills and knowledge for starting your own business

MBA Career Opportunities

As there are different specializations available in MBA that are provided by MBA colleges in India you find a variety of jobs too after completing your MBA. Every MBA specialization has its own career potentials and opportunities for you. 

Below are the job options after MBA available to you in the specialization you are graduated in.

Jobs after MBA in Human Resource Management

Payroll management	Human Resource Consultant
Chief Human Resource Officer	Human Resource Generalist
Assistant Human	coordination of employee benefits
Resource Manager	managing competition
Human Resource Analyst	Employee Relations Manager

Jobs after MBA in Operations
Operations Manager
Project Managers
Inventory Control Managers and
Supply Chain Manager

Jobs After MBA In Entrepreneurship

Owner of a small business,	Business Advisor
Corporate Supervisor	Fundraising, and Development
Sales manager,

Jobs After MBA In International Business

Marketing Analyst	International Logistics Manager
Government Affairs Director	International Business Consultant
Chief executive Officer	Export Manager
Export Coordinator	International Finance Manager
Foreign Exchange Management	Export Coordinator
International Marketing Manager	Administrative Service Manager
International Finance	International Business Development Manager
Investment Banking Manager

Jobs after MBA in Logistics and Supply Chain Management

Supply Chain Performance Analyst	Logistics Analyst
Demand Planning Analyst	Logistics Manager
Supply Chain Consultant	Head of Supply
Material Manager	Shipments Manager
Operations Manager	Warehouse Operations Manager
Sales Officer	Logistics and Transportation Analyst
Purchase manager	Purchase Manager
VP of Supply Chain Operations	Distribution Centre Supervisor

Jobs After MBA In Sales and Marketing

market research analyst	Retail Sales Associate
sales manager	Marketing Manager
product manager	Senior Sales Executive
Brand Manager	Sales Specialist
Market Research Analyst	Head of Digital Marketing
Asset Management	internet marketing manager
Media planner

Jobs After MBA In Finance

Accounting Manager,	Finance Manager
Risk and Insurance Manager,	Cash Manager Treasurer
Financial Manager/Analyst

Jobs After MBA In Healthcare Management

Hospital Administrator	Healthcare IT Consultant
Pharmaceutical Product Manager	Hospital CEO
Hospital CFO

Jobs After MBA In IT and Systems

Business Development Manager,	Systems Analysts
Product Manager,	Marketing Manager,
Business Analyst,	Analytics Manager,
IT Manager/Consultant,	System Manager, and
Information Systems Managers,	Data Processing Manager,

Top 30 MBA Colleges In India – NIRF Ranking 2023

The table below contains the top 30 MBA Colleges in India.

As we say MBA in India is a very popular course among new graduates. There is also a widespread belief that if you have an MBA degree, you will be well-settled in a perfect job but unfortunately, this is not always the reality. 

After receiving your MBA, you may need to struggle hard to secure an ideal position and earn a respectable wage. Therefore, you must know about the placement opportunities and other facts about the college you are seeking admission to. 

The table below has the Top 30 MBA colleges in India according to the NIRF Ranking 2023 along with their location

NIRF Ranking	Top Management Colleges In India	City	State
1	ISB Hyderabad	Hyderabad	Telangana
2	IIM Ahmedabad	Ahmedabad	Gujarat
3	IIM Bangalore	Bengaluru	Karnataka
4	IIM Calcutta	Kolkata	West Bengal
5	XLRI-Xavier School of Management	Jamshedpur	Jharkhand
6	IIM Lucknow	Lucknow	Uttar Pradesh
7	IIM Kozhikode	Kozhikode	Kerala
8	IIM Indore	Indore	Madhya Pradesh
9	Faculty of Management Studies - FMS Delhi	New Delhi	Delhi
10	Jamnalal Bajaj Institute of Management Studies (JBIMS)	New Delhi	Delhi
11	Management Development Institute	Gurgaon	Haryana
12	IIM Mumbai	Mumbai	Maharashtra
13	IISC Bangalore – Indian Institute of Science	Bangalore	Karnataka
14	Indian Institute of Technology Bombay	Mumbai	Maharashtra
15	Indian Institute of Foreign Trade, Delhi - IIFT	New Delhi	Delhi
16	Indian Institute of Technology Delhi	New Delhi	Delhi
17	Symbiosis Institute of Business Management	Pune	Maharashtra
18	S.P. Jain Institute of Management & Research	Mumbai	Maharashtra
19	IIM Ranchi	Ranchi	Jharkhand
20	IIM Raipur	Raipur	Chhattisgarh
21	IIM Udaipur	Udaipur	Rajasthan
22	IIM Tiruchirappalli	Tiruchirappalli	Tamil Nadu
23	MICA	Ahmedabad	Gujarat
24	NMIMS	Mumbai	Maharashtra
25	Management Development Institute, Murshidabad	Mumbai	Maharashtra
26	XIMB, Bhubaneswar	Bhubaneswar	Odisha
27	Xavier Institute of Management & Research	Mumbai	Maharashtra
28	K.J Somaiya Institute of Management	Mumbai	Uttar Pradesh
29	Great Lakes institute of Management	Chennai	Tamil Nadu
30	SIMSREE	Mumbai	Maharashtra

Fee Structure of the Top 30 MBA Colleges in India

Check the fee structure of the Top 30 MBA colleges in India in the table below:

NIRF Ranking	Top Management Colleges In India	Fee Structure (approx.)
1	ISB Hyderabad	Rs. 42 Lakhs
2	IIM Ahmedabad	Rs. 23 Lakhs
3	IIM Bangalore	Rs. 23.15 Lakhs
4	IIM Calcutta	Rs. 22.58 Lakhs
5	XLRI-Xavier School of Management	Rs. 23.56 Lakhs
6	IIM Lucknow	Rs. 19.30 Lakhs
7	IIM Kozhikode	Rs. 19 Lakhs
8	IIM Indore	Rs. 21.10 Lakhs
9	Faculty of Management Studies - FMS Delhi	Rs. 2 Lakhs
10	Jamnalal Bajaj Institute of Management Studies (JBIMS)	Rs. 5.89 Lakhs
11	Management Development Institute, Gurgaon	Rs. 25 Lakhs
12	IIM Mumbai	Rs. 16 Lakhs
13	IISC Bangalore – Indian Institute of Science	Rs. 5.33 Lakhs
14	Indian Institute of Technology Bombay	Rs. 14.53 Lakhs
15	Indian Institute of Foreign Trade, Delhi - IIFT	Rs. 21.73 Lakhs
17	Symbiosis Institute of Business Management	Rs. 13.49 Lakhs
18	S.P. Jain Institute of Management & Research	Rs. 20.42 Lakhs
19	IIM Ranchi	Rs. 15.30 Lakhs
20	IIM Raipur	Rs. 15.93 Lakhs
21	IIM Udaipur	Rs. 20.43 Lakhs
22	IIM Tiruchirappalli	Rs. 21 Lakhs
23	MICA, Ahmedabad	Rs. 23 Lakhs
24	NMIMS, Mumbai	Rs. 23 Lakhs
25	Management Development Institute, Murshidabad	Rs. 13.18 Lakhs
26	Xavier Institute of Management (XIMB), Bhubaneswar	Rs. 20.50 Lakhs
27	Xavier Institute of Management & Research	Rs. 5.56 Lakhs
28	K.J Somaiya Institute of Management	Rs. 20 Lakhs
29	Great Lakes institute of Management	Rs. 19.95 Lakhs
30	SIMSREE, Mumbai	Rs. 3 Lakhs

Best Placement Colleges for MBA In India 2023

Choosing a college with good placement will definitely help you in getting recruited by reputed companies. Table below shows the list of Best Placement MBA colleges in India in 2023:

MBA Colleges in India	Average Package 2023
IIM Bangalore	Rs. 35.30 LPA
IIM Calcutta	Rs. 35.10 LPA
FMS Delhi	Rs. 34.11 LPA
ISB Hyderabad	Rs. 34.21 LPA
Masters Union, Gurugram	Rs. 33.12 LPA
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. 30.20 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
DMS IIT Delhi	Rs. 25.80 LPA
BITSoM Mumbai	Rs. 23.85 LPA
SCMHRD Pune	Rs. 23.80 LPA
IIM Raipur	Rs. 21.04 LPA
IIM Tiruchirappalli	Rs. 20.55 LPA

(Students are advised to refer to the official websites of respective colleges for exact placement details, the average packages shown above are only approximate values)

Direct MBA Admission Colleges in India 2023

If you want direct admission to an MBA then the following are the colleges that provide direct MBA admission to students. 

MBA Colleges in India without Entrance Exam

Alliance School of Business - Alliance University	Aditya School of Business Management - ASBM Mumbai
Globsyn Business School Kolkata	MET Mumbai
Pune Business School	Vivekanand Business School (VBS)
Sri Balaji University, Pune	Rajalakshmi School of Business, Chennai
Durgadevi Saraf Global Business School (DSGS) Mumbai	Amrita School of Business, Coimbatore
Shiv Nadar University	Vignana Jyothi Institute of Management (VJIM) Hyderabad
LM Thapar School of Management (LMTSM) Chandigarh	Woxsen University
NDIM New Delhi	Dayananda Sagar University Bangalore
Jaypee Business School, Noida	IFIM College

Top 10 Private MBA Colleges in India

If you want to pursue MBA from a private MBA institute then below is the list of the Top 10 private MBA colleges in India. 

For taking admission in any of the following Top 10 Private MBA colleges in India, you need to go through the MBA eligibility criteria and MBA admission process of these colleges. 

The list of Top 10 private MBA colleges in India is provided below along with their location.

1. Xavier Institute of Management, Jamshedpur
2. Indian School of Business, Hyderabad
3. S.P. Jain Institute if Management and Research, Mumbai
4. Birla Institute of Management Technology, Greater NOIDA
5. Symbiosis School of Business Management, Pune
6. Great Lakes institute of Management, Chennai
7. International Management Institute, Delhi
8. Ta Pai Management Institute, Manipal
9. Mudra Institute of Communication, Ahmedabad
10. Amity Business School, NOIDA

Top 10 Government MBA Colleges in India

If you are looking to do your MBA from any government MBA college in India then below is the Top 10 government MBA colleges in India that you can consider taking admission in. 

For taking admission in any of the following Top 10 government MBA colleges in India, you should go through the MBA eligibility criteria and MBA admission process of these universities/ colleges. 

The Top 10 government MBA colleges in India is provided below along with their location.

MBA College/ University	Location
Jamia Millia Islamia	Delhi
Faculty Of Management Studies-FMS	Delhi
Anna University	Chennai
University of Pune	Pune
University of Lucknow	Lucknow
University of Madras	Chennai
University of Hyderabad	Hyderabad
University of Mumbai	Mumbai
University of Calcutta	Kolkata
University of Allahabad	Allahabad

Frequently Asked Questions about Top 30 MBA Colleges in India

Q. What are the Top 5 MBA colleges in India?

Ans. The table below has the Top 30 MBA colleges in India according to the NIRF Ranking 2023 along with their location

NIRF Ranking	Top 30 MBA colleges in India	City, State
1	ISB Hyderabad	Hyderabad, Telangana
2	Indian Institute of Management Ahmedabad	Ahmedabad, Gujarat
3	Indian Institute of Management Bangalore	Bengaluru, Karnataka
4	Indian Institute of Management Calcutta	Kolkata, West Bengal
5	XLRI-Xavier School of Management	Jamshedpur, Jharkhand

Q. What are the Top MBA entrance exams in India?

Ans. The table below has the details of the MBA entrance exams that are acceptable by the Top MBA institutions in India: 

Entrance Exam	No. of Questions	Time duration	Official Website
CAT	66	120 minutes	iimcat.ac.in
ATMA	180	180 minutes	atmaaims.com
XAT	102	210 minutes	xatonline.in
IIFT	110	120 minutes	www.iift.ac.in
NMAT by GMAC	108	120 minutes	www.mba.com/en-in/exams/nmat
SNAP	60	60 minutes	www.snaptest.org
GMAT	80	187 minutes	www.mba.com
PGDBA	50	180 minutes	www.pgdba.iitkgp.ac.in
IBSAT	140	120 minutes	ibsindia.org/admissions
GATE	65	180 minutes	app.gate.iitk.ac.in

Q. Would getting an MBA after graduating in 2023 be a good idea?

Ans. Yes, after passing your undergraduate degree in any stream from a recognized university, you can choose to do MBA. MBA is a popular course for its various specializations that fits every field. 

Whether you are interested in sports management, International business, finance and banking, human resource management or logistics and supply chain management, etc. you can get a perfectly suitable job with a good salary potential after doing MBA in any such specialization.

Q. Can I get my MBA if I don't pass the CAT?

Ans. Yes, if you do not pass CAT or haven’t appeared in it, you can still get admission an MBA without taking the CAT. There are certain other MBA admission tests, such as the XAT, NMAT, SNAP, CMAT, etc., that are also an entrance exam option for MBA. 

Some candidates prepare for many entrance tests at the same time as the syllabus is nearly the same. This helps them increase their chance of getting admission an MBA.

Also, you can always find MBA institutions that give direct MBA admission to students irrespective of any entrance test. But note that without passing the CAT entrance, you won't be able to enroll in prestigious MBA colleges in India like the IIMs.

Q. What is the Benefit of doing an MBA?

Ans. If you get yourself enrolled in a Master of business administration, you will learn both theory and practice in business operations and investment management. An MBA programme is meant to provide you with a better knowledge of broad business management duties and inculcate certain skills.

There are a variety of reasons you can consider to get an MBA degree for your PG

• You can become an entrepreneur by starting your own business, it will be easy for you to make your business efficient and become a successful entrepreneur.
• You can also change your job profile to improve your expertise which will enhance your knowledge and ensure better networking opportunities for you.
• Increasing the value of your CV and increasing your income can be both done by having a business administration degree from a reputed college.

Q. What are the Private MBA colleges in India?

Ans. The list of Top 5 Private MBA colleges in India is provided below along with their location.

1. Xavier Institute of Management, Jamshedpur
2. Indian School of business, Hyderabad
3. S.P. Jain Institute if Management and Research, Mumbai
4. Birla Institute of Management Technology, Greater NOIDA
5. Symbiosis School of Business Management, Pune

Q. Can I get admission an MBA without giving an entrance exam?

Ans. Yes, If you want direct admission to an MBA then the following are the colleges that provide direct MBA admission to students. 

Table below shows the Top 10 MBA colleges in India without an entrance exam:

Alliance School of Business - Alliance University	Aditya School of Business Management - ASBM Mumbai
Globsyn Business School Kolkata	MET Mumbai
Pune Business School	Vivekanand Business School (VBS)
Sri Balaji University, Pune	Rajalakshmi School of Business, Chennai
Durgadevi Saraf Global Business School (DSGS) Mumbai	Amrita School of Business, Coimbatore
Shiv Nadar University	Vignana Jyothi Institute of Management (VJIM) Hyderabad

Q. What is the Eligibility criteria for MBA 2023?

Ans. Some of the Top 30 MBA colleges in India require an entrance test for admission in MBA and some provide admission based on merit. 

Check below the eligibility criteria for MBA in India and its the selection process.

Eligibility criteria for MBA 2023: -

1. The first requirement is that you must have completed your 10+2 from a recognized board.
2. You must have an undergraduate degree in any stream from a recognized university.
3. The minimum mark you should score (in UG for the general category) is 50%, and the minimum mark (in UG) for the reserved categories is 45%.
4. You can also pursue the MBA if you are in your final year.

Q. What is the selection process for MBA 2023?

Ans. The selection process for MBA 2023 are:

1. Your entrance marks have a high weightage in your MBA Selection.
2. Candidates are chosen based on the merit and through the GD and personal interviews rounds
3. There may be other rounds too apart from Group Discussion and Personal Interviews depending on your college.
4. If you successfully pass these rounds you become eligible for MBA admission.
5. Seats in MBA will be assigned according to your merit and your performance in these rounds.

Please be notes if you are looking for admission in top MBA colleges especially in IIMs, you must no doubt qualify CAT entrance exam or you can also apply through other entrance exams like MAT, XAT, CMAT, ATMA, GMAT etc. 

Q. What are the career opportunities after MBA in Logistics and Supply Chain Management?

 Ans. Career Opportunity after MBA in Logistics and Supply Chain Management 

• Supply Chain Performance Analyst
• Supply Chain Consultant 
• Demand Planning Analyst
• Distribution Centre Supervisor
• VP of Supply Chain Operations
• Purchase Manager
• Warehouse Operations Manager
• Logistics and Transportation Analyst

Q. What are the career opportunities after International business?

Ans. Following are the career opportunities that will be available for you after your completion of post-graduation in MBA in international business:

• Marketing Analyst
• International Logistics Manager
• Government Affairs Director
• International Business Consultant
• Chief executive Officer
• Export Manager
• Export Coordinator
• International Finance Manager
• Foreign Exchange Management
• Export Coordinator
• International Marketing Manager
• Administrative Service Manager
• International Finance
• International Business Development Manager
• Investment Banking Manager

Q. What are the career opportunities after MBA in Sales and Marketing?

Ans. Career Opportunity after MBA in Sales and Marketing

Sales and marketing positions are among the most sought-after MBA employment specializations. 

After graduation with MBA in sales and marketing, candidates can pursue some of the following career profiles:

• market research analyst 
• sales manager 
• product manager 
• media planner 
• internet marketing manager