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Top Business Schools in India
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Top Business Schools in India – Rankings, Fees, Admissions, Courses, Placements 2023-24

It is the dream for many students to Study in the Top Business Schools in India, so we have listed some colleges you can check out to find the Top 10 MBA Colleges in India 2023. It’s crucial to remember that there are a lot more Top Business Schools in India with low fees as […]

 Saurav Anand
 Saurav Anand 02/09/2023
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless more

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It is the dream for many students to Study in the Top Business Schools in India, so we have listed some colleges you can check out to find the Top 10 MBA Colleges in India 2023.

It's crucial to remember that there are a lot more Top Business Schools in India with low fees as well which offer a plethora of opportunities and amazing infrastructure for its students so check it out as well. 

It's crucial to take into account aspects like course content, instructors, linkages to industry, campus amenities, job placement possibilities, and costs while selecting Top MBA Colleges in India in 2023.

Typically, when considering the Top MBA Colleges in India, the Indian Institutes of Management (IIMs) are the first to come to mind. Over time, the landscape has evolved, resulting in the inclusion of several additional MBA Colleges in the roster of Best MBA Colleges in India 2023.

Top Master of Business Administration Colleges in India 2023 comprises the Indian Institutes of Management (IIMs), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and several others. This article contains a compilation of the Top 100 MBA colleges in India and also the list of Top 10 MBA Colleges in India.

India has a substantial number of more than 3,500 MBA institutions, hence becoming the process of selecting an appropriate institution a formidable undertaking. In addition to the highly regarded Tier 1 institutions in India, it is also worth evaluating Tier 2 colleges in the country.

The tier 2 Colleges in India possess contemporary facilities, exhibit affordability in some cases, and boast commendable faculty and placement services. Certain private tier 2 MBA colleges also provide opportunities for students to participate in exchange programs with international universities. These institutions are also included in the top 50 rankings of MBA colleges in India. The majority of institutions use common admission examinations such as CAT, XAT, CMAT, SNAP, MAT, MAH-CET, and GMAT as a foundation for candidate selection, hence eliminating the need for applicants to do additional examinations.

Many students often confuse the distinction between the application process for an examination and the application process for admission to a business school. A distinction exists. By registering for certain examinations, individuals are concurrently submitting applications for admission to corresponding educational institutions. For instance, the Common Admission Test (CAT) is associated with the Indian Institutes of Management (IIMs), the Indian Institute of Foreign Trade (IIFT) entrance test pertains to IIFT, and the Xavier Aptitude Test (XAT) is affiliated with XLRI, among others.

Another alternative is to apply to a private college that takes CAT/GMAT results, however the applications vary significantly. These institutions have a different application procedure than CAT or XAT, for example. Many details must be addressed, including various deadlines, fees, and programs to be applied for.

 To clarify, this blog post addresses the best MBA institutions in India without going into specifics such as cut-offs, tuition, CTCs, and so on. You will discover a list of schools as well as a quick note on how to choose institutions to apply to.

 Individuals who are interested in taking an MBA degree have a variety of possibilities. The wealth of information accessible on the internet about the Top MBA Colleges in India has the potential to overwhelm and perplex people.

 To help people make educated career decisions, a tabular depiction of the Top 100 MBA Colleges in India has been created, complete with their flagship program, tuition costs, admission test, NIRF rating, and average pay post-MBA.

 This article presents a short overview of the Top 10 MBA Colleges in India 2023, including entrance requirements, application methods, tuition rates, and employment results.

Before we continue, here is a short synopsis of the Top MBA Colleges in India 2023:

The revised position for some of the top MBA colleges in India is mentioned below:

  • The Indian Institute of Management Kozhikode had an improvement in its rating, ascending to the third position in 2023 from its previous placement at the fifth position in 2022.
  • The Indian Institute of Management Calcutta had a fall in its ranking, moving from the third position in 2022 to the fourth position in 2023. On the other hand, Banaras Hindu University offers the most affordable tuition price, amounting to INR 10,228.
  • The Indian Institute of Management Ahmedabad provides the most lucrative placement package, amounting to INR 31.50 LPA.
  • According to rankings and reputation, IIM Ahmedabad is widely regarded as the Top MBA institution in India, with IIM Bangalore and IIM Kozhikode being recognized as subsequent leading schools in the field. According to the latest National Institutional Ranking Framework (NIRF) rankings for the year 2023, the institutions have been assigned the respective ranks of 1, 2, and 3.

List of Top MBA Colleges In India 2023

The Master of Business Administration (MBA) is widely regarded as one of the most highly sought-after postgraduate programs. This two-year program provides access to a wide range of employment prospects within the business sector. The Master of Business Administration (MBA) program is selected by students from many academic disciplines, including the Humanities, Business, and Science fields. 

The standard Master of Business Administration (MBA) program typically spans a duration of two years, including four semesters. Furthermore, a limited number of privately-owned business institutions provide one-year Post Graduate Diploma in Management (PGDM) programs.

Top 10 MBA Colleges In India

Every year, NIRF rankings are published in accordance with the annual data gathered by the framework. Five factors, including graduation rate, research and professional practises, teaching and learning resources, and the overall impression of the institution, are used to determine rankings and ratings.

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

College NameNIRF 2023
Indian Institute of Management, (IIM) Ahmedabad1
Indian Institute of Management, (IIM) Bangalore2
Indian Institute of Management, (IIM) Kozhikode3
Indian Institute of Management, (IIM) Calcutta4
Indian Institute of Technology, (IIT) Delhi5
Indian Institute of Management, (IIM) Lucknow6
IIM Mumbai (formerly known as NITIE)7
Indian Institute of Management, (IIM) Indore8
XLRI-Xavier School of Management9
Indian Institute of Technology Bombay10

Top 10 MBA Colleges In India With Fees

Listed below is the Top 10 MBA Colleges in India with fees:

Top MBA CollegesFee
IIM Ahmedabad AdmissionINR 18.19 lakh
IIM Bangalore AdmissionINR 24.50 lakh
IIM Kozhikode AdmissionINR 20.50 lakh
IIM Calcutta AdmissionINR 27.67 lakh
IIT Delhi AdmissionINR 10.40 lakh
IIM Lucknow AdmissionINR 12.60 lakh
IIM Mumbai (formerly known as NITIE) AdmissionINR 22 lakh
IIM Indore AdmissionINR 17 lakh - INR 35 lakh
XLRI-Xavier School of Management AdmissionINR 27.40 lakh
IIT Bombay AdmissionINR 8 lakh - INR 20 lakh

Top Business Schools in India With Low Fees

The cost of an MBA degree in India is high, but not if you study at these colleges listed below. Nevertheless, you must score well on entrance exams such as the CAT, GMAT, or CMAT to attend these top colleges. 

That being said, MBA colleges with low fees are the best bet, so it's better to study hard to get there. So, here's the list of the Top Business Schools in India with Low Fees for you!

Faculty of Management Studies, University of Delhi

Delhi University (DU) is widely recognized as a prestigious institution of higher education in India. The institution is well recognized for its commitment to providing high-quality education and its distinguished faculty members who are renowned in their respective fields. The MBA program offered by the Faculty of Management Studies is both cost-effective and of exceptional quality. The approximate expenditure for doing an MBA program at FMS Delhi is around ₹2 lakhs. The institution also offers a very commendable campus placement program.

Jamia Millia Islamia (JMI)

The JMI College in Delhi provides affordable educational programs of high quality. The MBA program offered by the institution is among the options available. By taking advantage of the diverse range of scholarship opportunities offered by the institution, prospective students have the opportunity to get admission into the MBA program at a significantly reduced tuition cost. The mean cost of pursuing a Master of Business Administration (MBA) program is around ₹50,000.

Department of Management Sciences Savitribai Phule Pune University

This particular institution affiliated with Pune University provides a Master of Business Administration (MBA) program for a cost of ₹1.32 Lakhs. The institution provides a wide range of offerings at an affordable cost, including a vibrant campus community, exceptional career placement opportunities, and highly qualified faculty members. A comprehensive array of desirable attributes that one may seek at a high-quality MBA institution.

Delhi Technical University (DTU), Delhi

Delhi University offers another gem of an MBA program. There is a good-quality education and faculty at this 75-year-old institute. DTU charges around 3-4 lakhs for its courses.

Tata Institute of Social Sciences

The Tata Institute of Social Sciences (TISS) is a renowned institution offering high-quality education in the field of Master of Business Administration (MBA) at affordable tuition fees. This institution provides a range of reputable placement opportunities for its graduates. The tuition fee for pursuing education at this institution amounts to a mere ₹1.2 lakh.

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

The Jamnalal Bajaj Institute of Management Studies (JBIMS) is a notable educational institution in Mumbai that offers MBA programs. It is recognized for providing high-quality education at a very affordable cost, making it an attractive option for those wishing to pursue their MBA without incurring exorbitant expenses. The MBA program at JBIMS is characterized by a price structure ranging from ₹2 lakh to ₹7 lakhs on average.

Institute of Management Studies, Banaras Hindu University (BHU)

Banaras University provides a diverse range of academic programs, with the Master of Business Administration (MBA) programme emerging as a highly sought-after program within the institution. The approximate expense associated with pursuing an MBA degree at BHU amounts to ₹1 lakh.

Delhi School of Economics

The tuition fee for an MBA degree program at the Delhi School of Economics amounts to ₹30,000. Furthermore, the institution provides unparalleled educational opportunities and demonstrates a great return on investment.

Individuals aspiring to pursue a Master of Business Administration (MBA) program should begin by compiling a comprehensive inventory of educational institutions they want to get admission to. Individuals are required to make a decision by considering their chosen specification and financial constraints, while avoiding being influenced by other factors. Presented below is a compilation of additional higher education institutions, accompanied by a comprehensive overview of the courses they offer, all of which are characterized by a relatively affordable tuition structure.

Top Business Schools In IndiaCourse NameFees
International School of Management and Research- ISMRMBAINR 3.44 L - 6.5 L 
SIMSREE, MumbaiPost Graduate Diploma in Business ManagementINR 69,000
CU - Chandigarh UniversityMBA Tourism and Hospitality ManagementINR 57.8 K - 6.04 L
Indira Institute of Management - IIMPMBAINR 4.4 L - 8 L
ASM’s Institute of Business Management and Research-IBMRMBAINR 3 L - 6.5 L 
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L - 20.16 L 
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L - 5.9 L 
MIT Pune - MIT World Peace UniversityMBAINR 3.5 L 
DBS - Doon Business SchoolMBA International BusinessINR 5.15 L - 9.79 L 
Gems B School, BangaloreCorporate MBAINR 4.8 L - 9.2 L 
Galgotias University - GUMBA Healthcare and Hospital ManagementINR 1.9 L - 4.85 L
BK school of Business ManagementMBA in Maritime ManagementINR 13,000 - 2 L
Maharishi Dayanand University (MDU)Master of Hotel Management and Catering TechnologyINR 36.5 K - 5.25 L


The fees information provided for each institution is in accordance with the most recent accessible statistics. There is a possibility that they may undergo modifications throughout the next academic term.

Top Business Schools In India With Fees

Undoubtedly, it is the aspiration of any individual seeking a career in management to pursue a Master of Business Administration (MBA) degree at a prestigious management school, primarily driven by the university's commitment to providing high-quality education and the potential for securing lucrative employment opportunities. Multinational corporations (MNCs) and corporate entities consistently seek individuals with expertise in Master of Business Administration (MBA) programs from esteemed institutions in order to enhance their management capabilities. 

The following table will give you an overview of the fee structure of the Top Business schools in india with fees

Top Business Schools In India With FeesCityCourses OfferedFees For MBA
IIM AhmedabadGujaratMBA, Executive MBA, FellowshipINR 23,00 L
IIM BangaloreKarnatakaMBA, PGDM, Executive MBAINR 23.00 L
IIM CalcuttaWest BengalMBA, PGDM, Executive MBAINR 27.00 L
IIM LucknowUttar PradeshMBA, PGDM, Graduate Diploma in ManagementINR 19.25 L
IIM IndoreMadhya PradeshMBA, PGDM, PhD in ManagementINR 10.95 L
IIM KozhikodeKeralaMBA, PGDM, PhD in ManagementINR 22.50 L
FMS – University of DelhiNew DelhiMBA, PGDM, PhD in ManagementINR 10,480
IBS HyderabadTelanganaPGDM, PGPM, Executive MBAINR 12.06 L
MDI GurgaonHaryanaMBA, PGDM, Graduate Certificate in ManagementINR 12.53 L
SJMSOM, IIT BombayMaharashtraMBA, PGDM, PhD in ManagementINR 2.26 L
JBIMS, University of MumbaiMaharashtraMMS, MMM, MBAINR 1.50-7.00 L
XLRI JamshedpurJharkhandMBA, PGDM, PhD in ManagementINR 11.80 L
SPJIMR MumbaiMaharashtraMBA, PGDMINR 22.10
IIFT DelhiNew DelhiMBA, PGDM, Executive MBAINR 8.85 L
NITIE MumbaiMumbai MaharashtraMBA, PGDM, FellowshipINR 12.53 L

Top Business Schools In India With Fee Structure for IIMs

The IIMs provide the finest management education in India, with IIM Ahmedabad consistently regarded as the top management school in the country by several rating agencies. Jawaharlal Nehru, India's first prime minister, established IIMs on the recommendation of the Planning Commission of India. The institutions of Management Act of 2017 has designated the IIMs as institutions of national significance. 

Students that pursue management education at the IIMs benefit from a variety of aspects, including student exchange programs and summer internships. The IIMs not only provide MBA degree programs, but also executive education programs like as PGPX, PGPEX, PGP-BL, and IPMX, as well as part-time education for working professionals. In the nation, there are a total of 20 IIMs. The CAT Exam is accepted by the majority of IIMs, while the GMAT Exam is required for overseas applicants who want to enter the IIMs. 

The list below shows the Top Business Schools in India with Fee Structure for IIMs:

Name of the IIMFees
IIM AhmedabadINR 23,00,000 Lakhs
IIM BangaloreINR INR 23,00,000 Lakhs
IIM CalcuttaINR 27,00,000 Lakhs
IIM KozhikodeINR 22,50,000 Lakhs
IIM LucknowINR 19,25,000 Lakhs
IIM AmritsarINR 13,20,000 Lakhs
IIM IndoreINR 10,95,000 Lakhs
IIM Bodh GayaINR 12,95,000 Lakhs
IIM TiruchirappalliINR 16,50,000 Lakhs
IIM KashipurINR 15,42,000 Lakhs
IIM NagpurINR 18,00,000 Lakhs
IIM RaipurINR 14,20,400 Lakhs
IIM RanchiINR 15,30,000 Lakhs
IIM RohtakINR 15,20,000 Lakhs
IIM SambalpurINR 13,03,000 Lakhs

Top Business Schools In India Placement Wise

The perceived worth of an MBA degree is often attributed to the employment outcomes and opportunities it offers. The quality of degree is enhanced by the quality of its location. The following is a summary of the final placements for the year 2023 at Top Business Schools in India Placement Wise including both the Indian Institutes of Management (IIMs) and non-IIMs.

The IIMs have witnessed the highest packages and average salary offers this year despite economic slowdown and commercial constraints arising from COVID-19. Take a look at the table below for salary figures of 2022 placements. 

Name of IIMHighest CTC (INR)Average CTC (INR)
IIM AhmedabadNAINR 27.54 LPA*
IIM BangaloreNAINR 28.98 LPA
IIM CalcuttaNAINR 34 LPA
IIM LucknowINR 58.00 LPAINR 31.03 LPA
IIM KozhikodeNAINR 29.50 LPA
IIM IndoreINR 49.00 LPAINR 25.01 LPA
IIM ShillongINR 55.22 LPAINR 23.10 LPA
IIM RohtakINR 32.00 LPAINR 16.06 LPA
IIM RanchiINR 26.50 LPAINR 15.02 LPA 
IIM RaipurINR 42.15 LPAINR 17.73 LPA
IIM TiruchirappalliINR 34.00 LPAINR 17.01 LPA
IIM KashipurINR 28.82 LPAINR 15.21 LPA
IIM UdaipurINR 35.47 LPAINR 17.50 LPA
IIM NagpurINR 31.54 LPAINR 15.21 LPA
IIM VishakhapatnamINR 31.60 LPAINR 15.06 LPA
IIM Bodh GayaINR 30.50 LPAINR 12.36 LPA
IIM AmritsarINR 25.21 LPAINR 14.63 LPA
IIM SirmaurINR 26.50 LPAINR 12.74 LPA
IIM SambalpurINR 30.00 LPAINR 12.64 LPA
IIM JammuINR 32.00 LPAINR 13.53 LPA

Please refer to the following list to get insight into the MBA Colleges in India that provide the highest salary packages. It is important to take notice of the typical wage offers that are given during the final placement process at leading MBA colleges in India, excluding the Indian colleges of Management (IIMs).

MBA InstituteHighest CTCAverage CTC
FMS DelhiINR 58.00 LPAINR 32.40 LPA
IIFT DelhiINR 46.50 LPAINR 25.16 LPA
XLRI JamshedpurOver INR 60 LPAINR 30.70 LPA
MDI GurgaonINR 1.14 CPAINR 26.07 LPA
IMT GhaziabadINR 62.00 LPAINR 15.28 LPA
SPJIMR MumbaiINR 53.16 LPAINR 32.05 LPA
JBIMS MumbaiINR 42.00 LPAINR 27.63 LPA
MICA AhmedabadINR 49.75 LPA*INR 14.01 LPA*
IMI DelhiINR 32.00 LPAINR 15.23 LPA
XIMB BhubaneswarINR 32.21 LPAINR 17.54 LPA
Great Lakes Institute of Management (PGDM)INR 25.80 LPAINR 12.50 LPA
SIBM PuneINR 45.50 LPAINR 23.06 LPA
NMIMS MumbaiINR 57.65 LPAINR 23.07 LPA
ISB HyderabadNAINR 27.13 LPA*

Top 20 MBA Colleges In India | Top Business Schools in India

According to the National Institutional Ranking Framework (NIRF) rankings for the year 2023, some of the Top Business Schools in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIT Delhi, XLRI Jamshedpur, IIM Lucknow, and NITIE Mumbai. India has a substantial number of MBA schools, with a total count exceeding 4890. Among these institutions, 719 are government-funded, while the remaining 4104 operate as private entities.

According to rankings, IIM Ahmedabad is widely regarded as the top MBA institution in India, with IIM Bangalore and IIM Kozhikode following closely behind. According to the most recent National Institutional Ranking Framework (NIRF) rankings for 2023, the institutions have been assigned the ranks of 1, 2, and 3.

Some of the leading MBA institutions in Delhi are the Department of Management Studies at the Indian Institute of Technology Delhi, IIM Rohtak, and the Indian Institute of Foreign Trade.

Several Top Business Schools in Bangalore include the Indian Institute of Management Bangalore (IIM Bangalore), Christ University, Alliance University, and Indus Business Academy, among others.

The admissions process for the MBA program in 2023 relies on the evaluation of candidates' performance in several MBA entrance tests, including CAT, GMAT, SNAP, GRE, XAT, and MAT. Subsequently, shortlisted candidates are further assessed via a group discussion and personal interview phase.

The National Institute of Industrial Engineering, the Shailesh J. Mehta School of Management at the Indian Institute of Technology Bombay, SPJIMR Mumbai, and NMIMS Mumbai are widely recognized as leading institutions for pursuing a Master of Business Administration (MBA) degree in Mumbai.

The typical tuition rate for MBA programs in leading Indian institutions varies between INR 50,000 and INR 30,00,000 per year, depending on the chosen specialty.

The University of Allahabad, Ranchi University, and the University of Rajasthan are among the esteemed MBA institutions in India that provide competitive tuition costs. Additionally, there are many other notable institutions that provide similar opportunities.

The Top Business Schools in India provide attractive placement packages that provide a significant return on investment. The mean compensation package ranged from INR 7 LPA to INR 15 LPA, with the highest reported compensation package being INR 1.2 CPA by IIM Ahmedabad.

The Top Business Schools in India, in terms of placement records, are IIM Ahmedabad, IIM Bangalore, IIT Bombay, XLRI Jamshedpur, and MDI Gurgaon, among others.

Best MBA Colleges In India Private | Top Business Schools In India

When it comes to pursuing managerial education, one of the most highly sought degrees is an MBA program. In addition to a number of prestigious public institutions offering an MBA program, there are top private colleges and institutes in India that offer an MBA or an equivalent PGDM course to students. 

Given below is a list of the top 10 private universities, institutes and colleges of India offering an MBA (or equivalent) course. The ranking below is based on NIRF Rankings of the Management Category (2023). 

MBA College/UniversityNIRF Management Ranking (2023)Course Accepted Entrance ExamsMBA Fees (Approx.)
XLRI-Xavier School of Management, Jamshedpur 9Post Graduate Diploma in Management (PGDM)XAT/GMAT/GREINR 23,15,000
Management Development Institute, Gurugram13Post Graduate Diploma in Management (PGDM)CAT/GMAT INR 24,16,800
Symbiosis Institute of Business Management, Pune 17Master of Business Administration (MBA)SNAP INR 13,49,000 
S.P. Jain Institute of Management & Research, Mumbai20Post Graduate Diploma in Management (PGDM)CAT, GMATINR 20,00,000-INR 29,00,000
SVKM’s Narsee Monjee Institute of Management Studies, Mumbai21Master of Business Administration (MBA)NMATINR 20,00,000-INR 24,00,000
Amity University, Noida28Master of Business Administration (MBA)CAT/ XAT / NMAT /MAT/ CMAT /GMATINR 2,42,000-INR 11,66,000
Amrita Vishwa Vidyapeetham, Coimbatore30Master of Business Administration (MBA)CAT/ XAT/ MAT/ CMAT/ GMAT/ GREINR 10,60,000
Great Lakes Institute of Management, Chennai31Post Graduate Diploma in Management (PGDM)CAT/XAT/GMAT/CMATINR 14,10,000
Lovely Professional University, Phagwara32Master of Business Administration (MBA)LPUNEST/CAT/MAT/XAT/NMAT/CMATINR 7,60,000
Goa Institute of Management, Sanquelim33Post Graduate Diploma In Management (PGDM)
INR 18,31,200

Best MBA Colleges In India Without CAT | Top Business Schools In India

The majority of Top Business Schools in India need competitive examinations for admission; however, there are a few more Best MBA Colleges in India without CAT. Read below

Direct Admission into Top Business Schools in India  Without Entrance Exams

Admissions to practically all B-Schools begin in the month of July and finish at the end of September. Students begin studying for various entrance examinations at the beginning of the year because if a student scores less than 95% in the entrance exam, his or her prospects of admission to top IIMs are very poor. However, if a student chooses direct admission, they must complete the institute-specific selection procedure.

First, the applicant must apply for admission by registering on the institution's website (online) or visiting the college campus (offline). Each institution has its own application form. Candidates might also visit the college campus and speak with admissions officers. 

Second, they must provide the required papers, following which they will be shortlisted based on their Class 12 and graduation grades. A applicant with strong test scores and solid communication skills has a better probability of getting admitted. Personal interviews or group discussions are used by several institutions to select applicants.

Students who choose a management quota for direct admission may get into excellent universities without taking any entrance tests or interviews, and they can also avoid attending admission seminars on campus.

Direct Admissions in Top Business Schools in India: Documents Required

  • Class 10 Certificate (Original and Photocopy)
  • Class 12 Certificate (Original and Photocopy)
  • Graduation Certificate/ Provisional Certificate (Original and Photocopy)
  • ID proof
  • Transfer Certificate
  • Two passport-size photos

Direct Admission in Top Business Schools in India Under Management Quota

In India, several Business Schools possess a designated set of seats referred to as institute-level seats. The designated seating arrangements are specifically allocated for those who are pursuing admission into the institution through the management quota. The allocation of institute-level seats for admissions is determined based on the recommendations of the institute's higher management or administration. Every educational institution that offers direct admissions for MBA programmes via the management quota has its unique set of admission rules. Several business schools also implement a Non-Resident Indian (NRI) quota. Individuals who fall under the categories of foreign nationals, Non-Resident Indians (NRI), or Persons of Indian Origin (POI) have the option to approach these institutions for admission into the Master of Business Administration (MBA) program.

Direct Admissions and Top MBA Colleges Eligibility Criteria Under Management Quota

  • Various business schools use distinct procedures for admitting students directly. Certain institutions use a selection process that involves the evaluation of applicants' academic performance in their Bachelor's degree program. In order to get admission to prestigious business schools, students are required to have achieved a minimum aggregate score of 50% in their undergraduate studies.
  • Students also have the option to choose direct admission via the management quota. Nevertheless, choosing the management quota would render them ineligible for scholarships, regardless of their membership in restricted groups.

Best MBA Colleges In India without CAT

If an individual has not participated in the CAT Examination but still want to get admission to the premier MBA institutions in India sans CAT, the following compilation enumerates the leading MBA establishments that consider alternative entry criteria or examinations for admissions. In addition to the CAT Exam, there are many additional admission examinations worth considering, such as SNAP, XAT, GMAT, and others. 

MBA Colleges/ InstitutesMBA Exam Score Accepted
XLRI, JamshedpurXAT
Xavier University, BhubaneshwarXAT, X-GMT
Indian School of Business, HyderabadGMAT
Indian Institute of Foreign Trade, DelhiGMAT
SP Jain Institute of Management and ResearchXAT and CAT
NMIMS School of Business Management, MumbaiNMAT
Great Lakes Institute of Management, ChennaiXAT/GMAT/CAT
Tata Institute of Social Sciences, MumbaiTISSNET
IFIM Business SchoolKMAT
Indira Institute of Management, PuneMAH-CET/ATMA/MAT
Jamia Millia IslamiaJMI Entrance Test
Institute of Rural Management, AnandIRMASAT/XAT/CAT
PSG College of TechnologyTANCET
Loyola Institute of Business AdministrationXAT/CAT
Goa Institute of ManagementCMAT/CAT/XAT/GMAT
SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship EducationCMAT/ATMA/XAT/CAT/MHT CET/MAT

What are the Tier 1 MBA Colleges in India (Top Business Schools in India)? 

To answer this question we have listed all the information for admission to the Tier 1 MBA Colleges in India which includes the Entrance exams like CAT, etc. Top Business Schools in India Admissions are mainly based on entrance exams. In a recent update on admissions, the CAT Exam announced the inclusion of Tier 1 MBA Colleges in India, such as the IIMs, IITs, XLRI, SPJIMR, among others. 

Check the list of Tier 1 MBA colleges in India below - 

Tier 1 MBA Colleges In India 2023 (Government)

How to Get into the Top 10 Tier 1 MBA Colleges in India (Govt.) Top Business Schools in India? 

The Top 10 Tier 1 MBA Colleges in India (Govt.) are well recognized globally for their exceptional academic achievements. These universities often consider CAT scores as a valid criterion for admission. 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 consist of a total of twenty institutions that provide educational programs in the field of management. The premier Indian Institutes of Management (IIMs) are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, and IIM Lucknow.

Here is a list of top Tier 1 MBA Colleges in India  2023 (Government) with fees and cut-off.

CollegeFeesCut Off
IIM AhmedabadINR 24,61,00099
IIM BangaloreINR 24,50,00099
IIM CalcuttaINR 27,00,00099
IIM IndoreINR 21,14,22290
IIM KozhikodeINR 20,50,00097
IIM RanchiINR 8,95,00094
IIM RohtakINR 9,90,00095
IIM ShillongINR 14,60,00094
IIM TrichyINR 19,50,00094
IIM UdaipurINR 9,40,00092
IIT DelhiINR 10,40,00090
IIT KharagpurINR 6,45,00090
IIT RoorkeeINR 4,84,50095
National Institute of Industrial EngineeringINR 7,03,00097
XLRI Xavier School of ManagementINR 12,90,00092

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. NoName Of The College
1Indian Institute of Management, IIM - Ahmedabad
2Indian Institute of Management, IIM - Bengaluru
3Indian Institute of Management, IIM - Calcutta
4Indian Institute of Management, IIM - Lucknow
5Faculty of Management Studies, University of Delhi, Delhi
6Indian Institute of Management, IIM - Kozhikode
7National Institute of Industrial Engineering NITIE - Mumbai
8Shailesh J Mehta School of Management, Indian Institute of Technology IIT - Mumbai
9Indian Institute of Foreign Trade IIFT - New Delhi
10Jamnalal Bajaj Institute of Management Studies, Mumbai

Tier 1 MBA Colleges In India 2023 (Private) 

How to Get into the Top 10 Tier 1 MBA Colleges in India (Private)? 

The article contains all of the crucial information, including the Top 10 Tier 1 MBA Colleges in India, since we know that in order to get into these Colleges, we must have addressed the question "How to Get into the Top 10 Tier 1 MBA Colleges in India?" We have divided the Top 10 Tier 1 MBA Colleges in India into two categories: private and government MBA colleges.

There are around 2900 private MBA colleges in India. On occasion, they are compared to the Indian Institutes of Management (IIM). When one is preparing for the next MBA admissions season in India, it is likely that they are seeking a list of educational institutions worth considering. In response to the growth of accessible educational facilities, a thorough collection of the Top 10 Tier 1 MBA Colleges in India (Private) has been performed. 

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 normally accept students based on national-level entrance examinations such as the CAT and GMAT. Several private colleges also have their own admission tests.

The following is a list of the Top Private MBA Colleges in India (NOT grouped in tiers).

The page contains all of the necessary information regarding Tier 1 MBA Colleges in India, as well as a list of some of the best Private MBA Colleges in India. 

There are around 63 top private MBA institutions. Top private MBA institutions in India accept CAT, ATMA, XAT, and MAT examinations. XLRI, MDI, and Symbiosis Institute of Business Management are among the finest MBA private institutions in India. Xavier School of Management (XLRI) was named the top-ranked private MBA institution in India in the NIRF ranking 2023. 

The list below includes some of the Top Private MBA Colleges in India in 2023.

  • As a result of the ranking shift from rank 8 to rank 9 in 2023, the Xavier School of Management (XLRI) decreased its ranking from rank 8 to rank 9 in 2023.
  • As compared to rank 25 in 2022, SVKM's Narsee Monjee Institute of Management Studies shifted to rank 21 in 2023.

Check out the top Tier 1 Private MBA Colleges in India 2023 along with fees and cut-off details.

CollegeFeesCut Off
GIBS Business School, BangaloreINR 8,25,00099
IMI DelhiINR 9,55,29090
IMT HyderabadINR 6,03,00090
Institute of Management Technology GhaziabadINR 19,53,00090
Jaipuria Institute of Management, GhaziabadINR 4,00,00090
Jamnalal Bajaj Institute of Management Studies, MumbaiINR 3,50,00096
MDI GurgaonINR 23,47,40095
PSG College of TechnologyINR 20,50098
SIBM BangaloreINR 9,65,00090
SIBM PuneINR 13,49,00097

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. NoName of the college
1Xavier Labour Relations Institute (XLRI), Jamshedpur
2Management Development Institute (MDI), Gurgaon
3Symbiosis Institute of Business Management, Pune
4S P Jain Institute of Management & Research (SPJIMR), Mumbai
5Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune
6Institute of Management Technology (IMT), Ghaziabad
7T A Pai Management Institute (TAPMI), Manipal
8MICA, Ahmedabad
9NMIMS School of Business Management, Mumbai
10Xavier Institute of Management, XIM University, Bhubaneswar

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