Top 50 Business Schools In India

The article consists of all the important information including the Top 10 Tier 1 MBA Colleges in India and Top 50 B-schools in India as we know. 

Our goal should have been to answer 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 in two categories: private and government

India is home to a considerable number of private Master of Business Administration (MBA) colleges, with the overall count exceeding 2900. Occasionally, a parallel is drawn between the aforementioned entities and the Indian Institutes of Management (IIM). As individuals embark on the preparation phase for the next MBA admissions season in India, it is likely that they are seeking a comprehensive list of educational institutions that merit consideration. In response to the increasing availability of educational institutions, a thorough collection of the top 10 Tier 1 MBA colleges in India (private) has been conducted.

Attending private business schools may be costly, thus students must show budgetary caution in order to gain admission to a renowned university to pursue their Master of Business Administration (MBA). 

The majority of Tier 1 MBA Colleges in India typically admit students based on national-level admission tests such as CAT and GMAT, among others. Additionally, several private institutions administer their own entrance exams.

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

S.No	Name of the college
1	Xavier Labour Relations Institute (XLRI), Jamshedpur
2	Management Development Institute (MDI), Gurgaon
3	Symbiosis Institute of Business Management, Pune
4	S P Jain Institute of Management & Research (SPJIMR), Mumbai
5	Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune
6	Institute of Management Technology (IMT), Ghaziabad
7	T A Pai Management Institute (TAPMI), Manipal
8	MICA, Ahmedabad
9	NMIMS School of Business Management, Mumbai
10	Xavier Institute of Management, XIM University, Bhubaneswar

How To Get Into the Top Tier 1 MBA Colleges In India (Govt.)

The Top 10 Tier 1 MBA Colleges in India (Govt.) are very well recognized globally for their exceptional academic achievements that includes infrastructure, placement opportunities and many other things. CAT scores are often considered a valid criterion by these universities' admissions process. These educational institutions consistently endeavor to provide their students with the highest quality of education attainable.

The Indian Institute of Management (IIM) is well recognized as a reputable Tier 1 MBA College in India for students aspiring to pursue a master's degree in management. Undoubtedly, the Indian Institute of Management (IIM) is an aspiration for most pupils.

The IIMs are a group of institutions that provide management-related educational programs. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, and IIM Lucknow are the top Indian Institutes of Management (IIMs).

Top 10 Tier 1 MBA Colleges in India (Govt.)

Below we have listed the Top 10 MBA Colleges in India 2023 (Govt.) rank-wise

S.No	Name of the college
1	Indian Institute of Management, IIM - Ahmedabad
2	Indian Institute of Management, IIM - Bengaluru
3	Indian Institute of Management, IIM - Calcutta
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	Shailesh J Mehta School of Management, Indian Institute of Technology IIT - Mumbai
9	Indian Institute of Foreign Trade IIFT - New Delhi
10	Jamnalal Bajaj Institute of Management Studies, Mumbai

Top MBA Colleges In India 2023 

The Master of Business Administration, or MBA, is one of the most sought-after postgraduate degrees. This two-year program prepares students for a variety of corporate employment prospects. Students from a variety of disciplines, including the humanities, business, and science, pursue the MBA. A traditional MBA is a two-year program that is divided into four semesters. In addition, a few private MBA institutions offer one-year PGDM programs.

Following is a list of the top 10 MBA colleges in India ranked by NIRF 2023:

College Name	NIRF 2023
Indian Institute of Management, (IIM) Ahmedabad	1
Indian Institute of Management, (IIM) Bangalore	2
Indian Institute of Management, (IIM) Kozhikode	3
Indian Institute of Management, (IIM) Calcutta	4
Indian Institute of Technology, (IIT) Delhi	5
Indian Institute of Management, (IIM) Lucknow	6
IIM Mumbai (formerly known as NITIE)	7
Indian Institute of Management, (IIM) Indore	8
XLRI-Xavier School of Management	9
Indian Institute of Technology Bombay	10

Have a look at the below table to get a clear view and detail of Top A Grade Business Schools in India consisting of AAA+ & AAA, AA & A, BBB+, BBB, & BB, B+ and B, and Others Category ranking  :

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Top 50 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 & 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
IIM Rohtak	PGP	21st	AAA	INR 13.8 Lakhs
SIBM Pune	Executive MBA/PGDM	22nd	AAA+	INR 17.26 Lakhs
Great Lakes Institute of Management, Chennai	Executive MBA/PGDM	23rd	A	INR 11.81 Lakhs
NMIMS School of Business Management, Mumbai	MBA/PGDM	24th	AAA+	INR 1.01- 24.04 Lakhs
ICFAI Business School (IBS), Hyderabad	MBA/PGDM	25th	BBB	INR 1.3 – 7 Lakhs
IIFT Delhi	MBA/PGDM	26th	AAA+	INR 16.7 Lakhs
T.A. Pai Management Institute	MBA/PGDM	27th	A	INR 15.1 Lakhs
IMI Delhi	MBA/PGDM	28th	AA	INR 13.16 Lakhs
IIT Dhanbad	MBA/PGDM/ B.E/ B.TECH/ M.E/ M.TECH	29th	Others	INR 3.57 Lakhs
IIM Shillong	PGP in Management	30th	Others	INR 14.6 Lakhs
XIMB	MBA/PGDM	31st	AA	INR 18.9 Lakhs
KIIT School of Management	MBA/PGDM/ BBA/Ph.D	32nd	Others	INR 13.6 Lakhs
IIM Kashipur	Post Graduate Programme in Management	33rd	AAA	INR 7.5 Lakhs
Jamia Millia Islamia	MBA/PGDM/ B.E/ B.TECH	34th	Others	INR 46,800
NIT Trichy	MBA/PGDM/ B.E/ B.TECH/ M.E/ M.TECH/ MCA/ M.sc/ M. arch	35th	AAA	INR 2.53 Lakhs
BHU – Banaras Hindu University	MBA/PGDM/ B.E/ B.TECH/ M.E/ M.TECH/ MBBS/LLB/ M.sc	36th	BBB+	INR 61.5K – 1.5 Lakhs
BML Munjal University	MBA/PGDM/ BBA/Ph.D	37th	Others	INR 11 Lakhs
IMT Ghaziabad	MBA/PGDM in Marketing, Finance, Management	38th	AA	INR 18.3 Lakhs
Alliance School of Business	MBA/PGDM/ BBA/Ph.D	39th	Others	INR 13.5 Lakhs
IIM Nagpur	PGP in Management	40th	AA	INR 13.75 Lakhs
Amity University, Noida	MBA/PGDM/ BBA/LLB/ PG Diploma	41th	B	INR 7.67 Lakhs
Punjab University (PUCHD)	MBA/PGDM/ BBA/MA/ MBBS	42nd	AA	INR 26,817
FORE School of Management	MBA/PGDM	43rd	A	INR 15.98 Lakhs
Institute of Management, Nirma University	MBA/PGDM/ PG Diploma/ Ph.D	44th	BBB+	INR 17.59 Lakhs
AMU – Aligarh Muslim University	MBA/PGDM/ B.E/ B.TECH/ M.E/ M.TECH/ MCA/ M.sc/ PG Diploma	45th	Others	INR 2.96 Lakhs
PSG College of Technology – PSGCT	MBA/PGDM/ B.E/ B.TECH/ M.E/ M.TECH/ MCA	46th	B	INR 6.75 Lakhs
Birla Institute of Management Technology	MBA/PGDM/ FPM	47th	BBB	INR 9 -14 Lakhs
GIM – Goa Institute of Management	MBA/PGDM In Marketing, Data Analytics, Finance, Healthcare	48th	A	INR 17.21 Lakhs
LPU – Lovely Professional University	MBA/PGDM and Others	49th	Others	INR 5.4 – 15.6 Lakhs
LIBA – Loyola Institute of Business Administration	MBA/PGDM in Management, Artificial Intelligence	50th	BBB+	INR 35,000

Top 50 Business Schools In India

Top 50 Business Schools in India – The following is a very important list of the top MBA colleges in India, including the top 50 MBA colleges in India, with good placements, for a two-year MBA Program. Get the list of top B-Schools that accept CAT, XAT, GMAT, SNAP, TISS, NMAT, IIFT, and MAH-CET. Formfees has compiled the list of MBA colleges – Top 50 MBA colleges in India with detailed fees and placements. These are the Best MBA Colleges in India and are the top MBA colleges with a 100 percent placement record. The top 50 Business Schools in India list is given below in the article.

Top 5 MBA colleges In India

1. India School of Business (ISB)
2. Faculty of Management Studies – Delhi University.
3. SPJIMR Mumbai.
4. XLRI Jamshedpur.
5. MDI – Gurgaon.

The best college for MBA as per the latest NIRF ranking of MBA colleges in India is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4, and IIT-Delhi-DoMS on Number 5. The top B schools in India include 20 IIMs (IIM Ahmedabad) and other IITs and private MBA colleges

MBA colleges In India

Is there any entrance exam for MBA in India? Top 50 Business Schools in India

Yes, there are various entrance exams accepted by the top MBA colleges in India such as CAT, XAT, GMAT, SNAP, CMAT, MAT, NMAT, etc

The candidates must keep in mind the following while choosing a top MBA universities in India– government recognition, degree/diploma, curriculum and pedagogy, infrastructure, ranking, location, fees, and placement record.

Top 50 B schools In India | Top 50 Business Schools In India

Why do MBA aspirants bother with Top 50 MBA Colleges in India rankings? It is simply because these top MBA rankings provide a great insight into a top MBA College’s alumni, students, employment reports, and classrooms. 

Which are the best MBA Institutes in India based on placements?

Below are the top five MBA Institutes in India based on placements:

1. IIM Ahmedabad
2. IIM Bangalore
3. IIM Calcutta
4. IIM Lucknow
5. IIT Kharagpur

The best business schools in India's ranking assists students in selecting the best institution for their higher education. Rankings are based on data, as well as quantity and experience. Much can be learned about the Schools’ academics, experience, network, results, momentum, and trends, and it serves as a sort of check on these Business Schools. Rankings compel B-Schools to constantly improve and innovate. Most importantly, they hold business schools accountable for meeting expectations.

Top 50 Business Schools In India List | Top 50 Business Schools In India

Top 50 Business Schools In India	Top Management Colleges In India	"Weighted Index (Out Of 1000)
1	Indian Institute Of Management, Ahmedabad	915.4
	Indian Institute Of Management, Kolkata	908.5
	Indian Institute Of Management, Bengaluru	905.3
2	Indian School Of Business, Hyderabad	890.5
	Faculty Of Management Studies, University Of Delhi, Delhi	890.2
	Indian Institute Of Foreign Trade (IIFT), New Delhi	883.7
	Indian Institute Of Management, Lucknow	878
	Xavier Labour Relations Institute (XLRI), Jamshedpur	875.6
3	S P Jain Institute Of Management And Research (SPJIMR), Mumbai	867.7
	Management Development Institute (MDI), Gurgaon	865.3

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There are plenty of best universities for MBA in India, It all depends on your preferences and cutoffs.

The top 20 MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Indore according to the MHRD-NIRF rankings 2021. Other popular B-Schools such as XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management and Department of Management Studies of the IITs also rank among the best management colleges in India as per the NIRF rankings as well as other B-school surveys such as by India Today, Outlook and Business Today. Good colleges for MBA is UGC recognized and AICTE is approved because they offer the latest curriculum.

Top 30 MBA colleges In India

The Top 30 MBA colleges in India with the ranking score is given in the following table

SI.No	Name of the College	City and State	Score
1	Indian Institute of Management – IIM Ahmedabad	Ahmedabad, Gujarat	83.69
2	Indian Institute of Management – IIM Bangalore	Bengaluru, Karnataka	83.48
3	Indian Institute of Management – IIM Calcutta	Kolkata, West Bengal	80.04
4	IIM Kozhikode – Indian Institute of Management	Kozhikode, Kerala	73.34
5	Department of Management Studies, IIT Delhi	New Delhi, Delhi	72.15
6	IIM Indore – Indian Institute of Management	Indore, Madhya Pradesh	71.1
7	IIM Lucknow – Indian Institute of Management	Lucknow, Uttar Pradesh	71.02
8	XLRI Xavier School of Management	Jamshedpur, Jharkhand	69.93
9	IIT Kharagpur	Kharagpur, West Bengal	69.5
10	Indian Institute of Technology, Bombay	Mumbai, Maharashtra	68.08

Showing 1 to 10 of 30 entries

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Top 10 MBA colleges In India

Are you looking for the top MBA colleges in India? We have compiled a list of the top ten MBA colleges in India. First, we will discuss why it is critical to find the best MBA college, especially in these difficult economic times. The global economy is currently in recovery mode. This will almost certainly result in a more aggressive response to the COVID-19 impacts.

The coming year will mark the beginning of a return to pre-COVID or better times. Everyone is in favor of the 2023 class. In terms of utility, this year’s top 10 MBA colleges in India according to rankings make a lot more sense for MBA candidates. Because there are so many business schools in India, the situation may be both confusing and beneficial to applicants.

Best MBA Colleges Ranking for 2022: Top 50 MBA Schools & Top 100 MBA Schools in India

This viewpoint demonstrates that there are a few reputable ranking agents, such as CSR, Business India, and Business Word. They guide applicants through the maze of options. These rankings of the Top 10 MBA Colleges in India are based on the IIRF 2021.

Top B-schools In India | Top 10 MBA colleges In India 2022

India’s Ministry of Education releases an annual ranking of the top MBA colleges under the National Institutional Ranking Framework (NIRF). The all-India ranking of the top 100 MBA colleges in India is based on several parameters, including teaching, learning, resources and research, professional practices, graduation outcomes, and outreach and inclusion, as well as perception.

Below is the list of the top 10 MBA schools in India according to the NIRF ranking of 2021.of The NIRF ranking is also available.Show 102550100 entriesSearch:

Name of the College	NIRF ’21 Ranking
IIM Ahmedabad	1
IIM Bangalore	2
IIM Calcutta	3
IIM Kozhikode	4
IIT Delhi DoMS	5
IIM Indore	6
IIM Lucknow	7
XLRI Jamshedpur	8
IIT Kharagpur-VGSOM	9
IIT Bombay SJMSOM	10

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Top 10 MBA Colleges In India with Fee Structure

Under the National Institutional Ranking Framework or NIRF, the Ministry of Education, Government of India, publishes an annual ranking of the top MBA colleges in India. The top 100 MBA colleges in India are ranked across several parameters, including teaching, learning, resources, research and professional practices, graduation outcomes, outreach and inclusivity, and perception.

Top MBA Colleges In India with Fees | Top 50 Business Schools In India

Here is the list of the private top 10 MBA colleges in India:

Private Colleges	Course Fee (in Rs)
XLRI Xavier School of Management, Jamshedpur	23.60 L
MDI Gurgaon	21.34 L
NITIE, Mumbai	11.33 L
SPJIMR, Mumbai	17.87 L
Symbiosis Institute of Business Management, Pune	10.20 L
SVKM’s Narsee Monjee Institute of Management Studies	10.42 L
Great Lakes Institute of Management, Chennai	11.81 L
Indian Institute of Foreign Trade, Delhi	8.85 L
International Management Institute, Delhi	18.34 L
ICFAI Business School, Hyderabad	14.14 L

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Here is the list of public/government top 10 MBA colleges in India:Show 102550100 entriesSearch:

Public Colleges	Course Fee (in Rs)
IIM Ahmedabad	23.00 L
IIM Bangalore	18.70 L
IIM Calcutta	10.10 L
IIM Kozhikode	20.50 L
IIT Delhi-DoMS	8.80 L
IIM Indore	17.06 L
IIM Lucknow	5.69 L
IIT Kharagpur-VGSOM	9.26 L
IIT Bombay-SJMSOM	8.67 L
IIT Madras-DoMS	8.00 L

Showing 1 to 10 of 10 entries

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Top 100 MBA colleges In India | Top 50 Business Schools In India

Top 50 Business Schools in India & Top 100 Business Schools in India: Discover the complete list of the top 100 MBA colleges in India and some of the best MBA colleges in India that offer MBA/PGDM programs.Show 102550100 entriesSearch:

Cluster Rank	Institute (Business School)	City	State
1	Indian Institute of Management	Ahmedabad	Gujarat
	Indian Institute of Management	Calcutta	West Bengal
	Indian Institute of Management	Bangalore	Karnataka
2	FMS, University of Delhi	Delhi	Delhi
	Indian School of Business (ISB)	Hyderabad	Telangana
	IIFT	New Delhi	Delhi
	Indian Institute of Management	Lucknow	Uttar Pradesh
	XLRI	Jamshedpur	Jharkhand
3	Management Development Institute	Gurgaon	Haryana
	S P Jain	Mumbai	Maharashtra

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Top MBA Colleges In India Placement Wise | Top 50 Business Schools In India

Here is a ranking list of Top MBA colleges in India placement-wise and quality of education.Show 102550100 entriesSearch:

Rank	Name of the College	Highest Salary	Average Salary	Number of Companies Visited
1	IIM Ahmedabad	INR 39.81 Lakhs	INR 15.88 Lakhs	125
2	IIM Bangalore	INR 01.00 Crore	INR 26.00 Lakhs	135
3	IIM Calcutta	INR 75.00 Lakhs	INR 15.32 Lakhs	393
4	FMS Delhi	INR 20.10 Lakhs	INR 15.40 Lakhs	93
5	XLRI, Jamshedpur	INR 26.00 Lakhs	INR 16.20 Lakhs	48
6	IIM Indore	INR 34.00 Lakhs	INR 12.10 Lakhs	92
7	NMIMS	INR 30.00 Lakhs	INR 14.40 Lakhs	140
8	MDI Gurgaon	INR 22.80 Lakhs	INR 12.80 Lakhs	74
9	IIM Lucknow	INR 22.00 Lakhs	INR 15.80 Lakhs	213
10	IIM Kozhikode	INR 33.00 Lakhs	INR 12.31 Lakhs	146

A Grade Business Schools In India - Check out The Best B-Schools List

A Grade Business Schools in India: Factors to Consider

Check out the list of A-Grade Business Schools in India 2023, but first, look at the many categories into which B-schools are split and graded.

Prior to delving into the topic of Grade Business Schools in India 2023, it is necessary to examine the several classes into which business schools are divided, which then decide their separate rankings.

AAA+ and 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: Provides a dependable educational program as well as great job placement for persons with strong communication skills.

BBB+, BBB, & BB: BBB+, BBB, and BB B-schools have a track record of achievement in terms of student placement and are considered as dependable institutions for offering high-quality education.

B+ and B: Business schools in the B+ and B categories do not provide students placement options in nationally renowned companies. However, it has shown effectiveness in establishing positions with local businesses.

Others Category: The "Others" category of business schools is distinguished by a lack of facilities, faculty resources, and placement options. As a result, it is advised that students visit the campus before making any selections.

Please refer to the table below for a comprehensive overview and detailed information on Grade Business Schools in India.

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Frequently Asked Questions about Top 50 Business Schools In India

Q. Where is the best business school in India?

Ans. Top 50 Business Schools in India as per IIRF 2020, the list is given above in the article. Show 102550100 entriesSearch:

Cluster Rank	Business School	City
1	Indian Institute of Management	Bangalore
2	Faculty of Management Studies, University of Delhi	Delhi
	Indian School of Business (ISB)	Hyderabad
	IIFT	New Delhi

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Q. Which is the No 1 MBA college in India?  Top 50 Business Schools in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon to name a few.

Q. Which institute is best for MBA in India? Top 50 Business Schools in India

Ans. IIM Bangalore is ranked No. 1 B-school in India. IIM Ahmedabad and IIM Calcutta are ranked No 2 & 3 respectively. In spite of stiff competition from IIMs, Top PGDM B-schools XLRI, SPJIMR, MDI, NMIMS, IMT and IMI have held on to their leadership.

Q. Which is the cheapest IIM in India?

Ans. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. Ahmedabad, the most expensive of the country’s eight IIMs, charges.

Q. Is IIM better or ISB? 

Ans. According to FT rankings for Business Schools 2022, in terms of percentage of International Faculty, ISB scores 13 percent, IIMB scores 8 percent, IIMA scores 2 percent and IIMC 3 percent. The International mobility rank of ISB in FT rankings 2022 is 88, IIMB ranks at 82, IIMA ranks at 72 and IIMC ranks at 89.

Q. Which ranking is best for an MBA? Top 50 Business Schools in India

Ans. Rankings Full-time MBA Ranking 2021Show 102550100 entriesSearch:

Rank	Business School	Band Overall
1	IESE Business School	A
2	HEC Paris Business School	A
3	University of Michigan - Stephen M. Ross School of Business	A
4	New York University - Leonard N Stern School of Business	A

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Q. Why IIM fees are so high?

Ans. Although IIMs are government institutes, most IIMs are self-reliant and do not depend on the government for funding. Hence to attract quality professors they need to charge higher fee