Top MBA Colleges in India Except IIM

Top MBA colleges in India except for IIM

 The management studies field is regulated by the IIMs. Nonetheless, IIMs are not the only management college that offers quality education. In India, there are other top colleges whose quality is deemed the same as that of IIMs.

MBA, being the most popular course amongst the students, can be pursued at several colleges in India excluding IIM. Here is the list of the top MBA colleges in India except IIM according to NIRF 2021 rankings for students who wish to pursue MBA.

The Factors which are considered while listing these Top MBA colleges other than IIM

Are- the best B schools in India

• Cut-offs
• Placements
• Fees
• Faculty
• Alumni
• Academics

Top 50 Non IIM MBA Colleges in India

If you have your mind made up and want to pursue MBA in India then you should definitely check the list of Top 50 Non IIM MBA Colleges in India listed below. In India there are more than  6000 business schools, so it is important to know the best of the options available. 

Let us ask you a question - did all your friends and relatives mention the IIMs when you enquired about top MBA colleges in India? If yes then, this does not come as a surprise, given that all 21 IIMs are in the Top 50 Non IIM MBA Colleges in India.

You should find the best MBA institute for you. It will take time for you to shortlist the right B-schools after taking into account a number of factors. The same reason led us to compile all relevant information regarding top MBA colleges in India in this article.

This includes rankings, locations, MBA programs offered, MBA fees, average salaries, and the entrance exam needed to get an MBA admission to the B-school. Our first focus will be on the Top 50 Non IIM MBA Colleges in India, but we will also examine the top 10 MBA colleges and MBA programs in India. 

Additionally, we will provide you with the top MBA colleges in Bangalore, Mumbai, Hyderabad and Delhi, as well as the top public MBA colleges.

Below we have also mentioned the Top 50 non-IIM MBA colleges in India (Including Top 30, Top 20, Top 5-10)

List of Top 50 Non IIM MBA Colleges in India

1	Symbiosis Institute of Business Management, Pune
2	Institute of Management Technology,Ghaziabad
3	ICFAI Business School (IBS), Hyderabad
4	Lal Bahadur Shastri Institute of Management, Delhi
5	Institute of Rural Management, Anand
6	International School of Business And Media , Pune
6	Apeejay School of Management Dwarka, Delhi
7	Lexicon Management Institute of Leadership and Excellence, Pune/td>
8	Jagan Institute of Management Studies, Delhi
9	Jagannath International Managent School(JIMS) Kalkaji, New Delhi
10	Institute of Public Enterprise (IPE), Hyderabad
11	Dr. D. Y. Patil B-School, Pune
12	SIES School of Business Studies,Navi Mumbai
13	N. L. Dalmia Institute of Management Studies And Research, Mumbai
13	International Institute of Management Studies, Pune
14	SIES College of Management Studies, Navi Mumbai
15	IIEBM,Indus Business School, Pune
16	Universal Business School, Raigad
17	Institute of Engineering And Management, Kolkata
17	MET Institute of Management, Mumbai
18	JIS College of Engineering, Nadia
19	Praxis Business School, Kolkata
20	Krupanidhi College of Management, Bangalore
21	Vignana Jyothi Institute of Management, Hyderabad
22	Chetana's Institute of Management and Research, Mumbai
22	MET Institute of Post Graduate Diploma In Management, Mumbai
23	Pune Institute of Business Management, Pune
24	Durgadevi Saraf Institute of Management Studies, Mumbai
25	SDM Institute For Management Development (SDMIMD), Mysore
26	Indus Business Academy (Formerly Indian Business Academy), Bangalore
27	GL Bajaj Institute of Management And Research PGDM Institute, Greater Noida
28	International Institute of Health Management Research, Delhi
29	Apeejay Institute of Management & Engineering Technical Campus, Jalandhar
30	ISSM Business School, Chennai
31	Institute For Technology And Management, Navi Mumbai
31	Durgadevi Saraf Global Business School,Mumbai
32	Bharatiya Vidya Bhavan Institute of Management Science, Kolkata
33	Gitarattan International Business School, Delhi
33	Hindusthan College of Arts & Science, Coimbatore
34	NSHM Knowledge Campus, Durgapur
35	RV Institute of Management, Bengaluru, Karnataka
36	Indira Institute of Management PGDM, Pune
36	Aditya School of Business Management, Mumbai
37	Aditya Institute of Management Studies And Research, Mumbai
38	Institute of Management Studies, Ghaziabad
39	Symbiosis Institute of Operations Management (SIOM), Nashik
40	ICBM-School of Business Excellence, Hyderabad
41	NSHM Knowledge Campus, Kolkata - Group of Instituions, Kolkata
42	Rajagiri Centre For Business Studies, Kochi
43	I.T.S School of Management, Ghaziabad
44	Kohinoor Busness School, Mumbai
45	Prestige Institute of Management & Research, Gwalior
46	M.S. Ramaiah Institute of Management, Bengaluru
47	Govindram Seksaria Institute of Management And Research, Indore
48	MIMA Institute of Management, Pune
49	Chandigarh Business School of Administration, Landran
50	International Management Institute , Bhubaneswar

Top MBA universities in India – The top MBA college in India as per the latest NIRF rankings 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.

NIRF 2021 Ranking	College Name	Average Annual Fees (INR)
5	Indian Institute of Technology Delhi	5,12,000
8	Xavier Labour Relations Institute (XLRI), Jamshedpur	12,90,000
9	Indian Institute of Technology Kharagpur	50,000
10	Indian Institute of Technology Bombay	9,43,000
11	Management Development Institute, Gurugram	7,03,000
12	National Institute of Industrial Engineering, Mumbai	2,05,000
13	Indian Institute of Technology Madras	4,16,000
14	Indian Institute of Technology Roorkee	10,76,000
16	Indian Institute of Technology Kanpur	10,76,000
19	S. P. Jain Institute of Management & Research, Mumbai	10,95,000
20	Symbiosis Institute of Business Management, Pune	9,62,500
22	SVKM`s Narsee Monjee Institute of Management Studies, Mumbai	9,39,000
24	Great Lakes Institute of Management, Chennai	9,12,000
25	Indian Institute of Foreign Trade, New Delhi	3,22,000
26	International Management Institute, New Delhi	5,60,000
27	ICFAI Foundation for Higher Education, Hyderabad	8,00,000
29	Amity University, Gautam Budh Nagar	5,12,000
30	Indian Institute of Technology (Indian School of Mines), Dhanbad	12,90,000
31	Kalinga Institute of Industrial Technology, Bhubaneswar	50,000
32	T. A. Pai Management Institute Manipal	9,43,000

People also ask –  Top non-IIM MBA colleges in India

1. Can I do MBA without IIM? Best management colleges in India

Ans. FACULTY OF MANAGEMENT STUDIES (FMS), DELHI

Best MBA colleges in India except for IIM (Non-IIM) MBA colleges/programs include the GBO Program at SRCC, FORE (New Delhi), Welingkar, UBS Chandigarh, IFMR Chennai, LBSIM, NIT, NIRMA, FMS-BHU, BIMTECH, XIME, etc.

2. Which college is best for MBA except for IIM?

Ans. Here is the list of top colleges in India apart from IIMs:

• VGSoM (Vinod Gupta School of Management), IIT Kharagpur. …
• DoMS, IIT Madras. …
• DMS, IIT Delhi. …
• XIMB (Xavier Institute of Management), Bhubaneswar. …
• IRMA ( Institute of Rural Management Anand), Gujarat. …
• TAPMI Manipal. …
• Fore School of Management.

3. Which is No 1 College for MBA 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, and XLRI MDI Gurgaon to name a few.

4. Can I do MBA without clearing the cat?

Ans. No, to be able to get admission to IIM-K, the candidate must have appeared for CAT. IIMs only accept CAT scores. IIMs do not accept scores from other entrance exams or provide direct admissions.

5. Is FMS Delhi good for MBA?

Ans. An MBA degree from FMS enjoys a good brand value as well. It is also regarded as very high by organizations. Both the B-schools have good placement records as well with the average package being more or less the same.

Here is the list of top colleges in India apart from IIMs: Top 20 MBA colleges in India

1. FMS (Faculty of Management Studies), Delhi-

Exam Accepted	CAT
Courses Offered	MBA
Fees	1.92 Lakhs
Average Placement	25.6 LPA
No. of Seats	287

FMS is considered one of the best B-School in terms of ROI. It is one of India’s oldest colleges, founded in 1954 and owned by the government. To apply in FMS students need to register and fill the application form along with the Rs.1000 application fee payment. Candidates get shortlisted through CAT scores go through Extempore and GD-PI to get admission.

Some of the top recruiters are Flipkart, Microsoft, Airtel, Capgemini ELITE, Amazon, Shell, American Express, IDBI Bank, JP Morgan Chase, Edelweiss Capital, Axis Bank, India Bulls, SBI Capital Services, Cadbury India Limited, Kellogs, ITC, Maruti Udyog Limited, Nestle, TATA Motors, P&G, Whirlpool, Gillette, GSK, IBM Consulting, Wipro, TCS, etc.

2. S.P Jain Institute of Management & Research (SPJIMR), Mumbai- Top 20 MBA colleges in India

Exam Accepted:	CAT, XAT, GMAT
Courses Offered:	PGDM
Fees:	Rs.17.5 Lakhs
Average Placement:	Rs.26.36 LPA
No. of Seats:	240

SPJIMR is an independent business school that was created in 1981. It is one of India’s top business schools. It is spread across 40 acres in Andheri West, Mumbai. Shortlisted applicants based on exam results are classified into two groups: profile and profile-cum ranking. They specialize in SCM, Operations, Communications, Database Technology, and Finance. They have a broad student body, and they divide them into categories based on personality and ranking.

Some of the top recruiters at SP Jain are: Pidilite, BCG, Nivea, Paytm, P&G, American Express, Amazon, Mahindra, McKinsey & Company, Bain & Co., Google, Nestle, Microsoft, Goldman Sachs, Tata Administrative Services, Airtel, Hindustan Unilever, Johnson & Johnson, Deloitte, PwC, EY, Uber, Britannia, Bajaj Auto, Castrol, OYO Rooms, Philips, Aditya Birla Retail Limited, Amway, Sterlite Power, Unacademy, Bajaj Finserv, Bajaj Auto, Duff & Phelps, Reliance Industries Limited, Citibank, and IIFL

 3. X.L.R.I (Xavier School of Management), Jamshedpur – Top 20 MBA colleges in India

Exam Accepted:	XAT, GMAT
Courses Offered:	PGDM
Fees:	Rs.16.8 Lakhs
Average Placement:	Rs.24.3 LPA
No. of Seats:	180

Xavier Labour Relations Institute was the previous name for XLRI. It was founded in 1949. It has been approved by AICTE and is recognized by NBA, AMBA, and AACSB. Specialization is available in business administration, human resource management, and general management. The Institute provides students with box placement assistance and worldwide recognition. Every year, some of the most prestigious corporations come to campus to recruit. They are the finest in the field of human resource management.

TATA Hitachi, TCS, VLCC, ITC, Muthoot Fincorp, Infosys DCG, Dell, ICICI Bank, Trident, Goldman Sachs, Cognizant, Amazon, Axis Bank, L&T ECC, KPMG, Hexaware, HCL, Tech Mahindra, OYO, and Byjus are among the recruiters.

4. JBIMS (Jamnalal Bajaj Institute of Management Studies), Mumbai – Top 20 MBA colleges in India

Exam Accepted:	MAH-CET, CAT, CMAT, MAT, ATMA
Courses Offered:	MMS
Fees:	Rs.6 Lakhs
Average Placement:	Rs.20.13 LPA
No. of Seats:	120

This institute was established in the year 1995 and has produced illustrious alumni like Chanda Kochhar, Mani Ratnam, Vinita Bali, Siddharth Roy Kapoor, and many more. JBIMS offers the specializations of Finance, Communications, Operations, systems, and HR. Some of the top recruiters at JBIMS are J.P. Morgan Chase & Co., Goldman Sachs, McKinsey & Company, Hindustan Unilever, The Boston Consulting Group, ICICI Bank, Godrej Consumer Products, Mahindra Group, TATA Group, and Reliance Industries Limited amongst others.

5. IIFT (Indian Institute of Foreign Trade), New Delhi – Top 20 MBA colleges in India

Exam Accepted:	IIFT
Courses Offered:	MBA
Fees:	Rs.7.6 Lakhs
Average Placement:	Rs.18.41 LPA
No. of Seats:	420

It was founded in 1963 and is one of India’s top MBA institutes. It is a self-governing business school founded by the Indian government to assist the country in becoming more professional in foreign trade. In 2002, IIFT was designated as a university. They provide an International Business concentration (MBA-IB). They do a paper-based study before moving on to the entrance GD, WAT, and PI. Some of the major recruiters at IIFT are Paytm, Unified Wellness, Polycab, Roland Berger, Aegis Capital, Bata, Axtria, DE Shaw Group, Epik InDiFi, Enhance Group, Export Trading Company, Fermenta Biotech, Field Fresh Foods, Go-MMT, HomeCredit, Lenskart, Rivigo, and Samunnati Finance.

6. Symbiosis Institute of Management, Pune – Top 20 MBA colleges in India

Exam Accepted:	SNAP
Courses Offered:	MBA
Fees:	Rs.20.5 Lakhs
Average Placement:	Rs.17.48 LPA
No. of Seats:	180

Symbiosis Pune is a leading B-school in India that was founded in 1978. This privately owned college offers MBA and Executive MBA programs. SNAP shortlisted applicants proceed to the GD-PI for final selection. Marketing, Finance, Human Resources, Operations, Operations Management, and Innovation and Entrepreneurship are among the specializations available. Top recruiters include Accenture, Bajaj Finserv, Google, Shell, Barclays, IDFC Bank, Mahindra Comviva, Mindtree, Reckitt Benckiser, Trafigura Global, Societe Generale, Vodafone, and Walmart.

7. TISS (Tata Institute of Social Science), Mumbai – Top 20 MBA colleges in India

Exam Accepted:	TISS
Courses Offered:	MA
Fees:	Rs 1.05.Lakhs
Average Placement:	Rs.20.06 LPA
No. of Seats:	60

TISS was formed in 1986 by J.R.D Tata. Doctoral degrees are available in business and labor relations, disaster relations, development studies, culture, gender studies, human care, law, media and cultural studies, public policy, economic development, and social work at the University. They specialize in human resource management and labor relations. Swiggy, Amazon, Udaan, Taj Group, Wipro, Dell, Walmart, Deloitte, Lodha group, and Arti industries are some of the top recruiters.

8. NMIMS (Narsee Monjee Institute of Management Studies), Mumbai – Top 20 MBA colleges in India

Exam Accepted:	NMAT
Courses Offered:	MBA
Fees:	Rs 18 Lakhs
Average Placement:	Rs 14.37 LPA
No. of Seats:	540

NMIMS is a deemed university in Mumbai’s Vile Parle. Shri Vile Parle Kelavani Mandal established NMIMS as a Mumbai University-affiliated managerial institution in 1981 with a contribution from the Narsee Monjee Educational Trust. They specialize in marketing, finance, logistics, human resources, and business analytics. NAAC has accredited it. HDFC Bank, DHL Express, SBI Life Insurance, Aviva India, Aditya Birla Insurance Brokers, Max Life Insurance, Goldman Sachs, Citibank India, Kotak Mahindra Bank, ICICI Securities, Future Supply Chain, and Honeywell are among the top recruiters.

9. MICA Ahmedabad – Top 20 MBA colleges in India

Exam Accepted:	MICAT, CAT, XAT, GMAT
Courses Offered:	PGDM/PGDM-C
Fees:	Rs 20 Lakhs
Average Placement:	Rs 12.80 LPA
No. of Seats:	216

Mudra Institute of Communication is a self-contained business school that was founded in 1991. It provides higher education in marketing and communications. MICA offers two-year multidisciplinary PG diploma programs. It provides a postgraduate diploma in management and communications as well as a one-year certificate program in creative communication design. Safari, Amazon, Amul, Deloitte, Amway, Citibank, Cactus, Cadillac, Flipkart, USHA, TATA Steel, SONY, RBL Bank, Target, VIP, Raymond, Havells, Samsung, Reliance, Google, and IBM are among the top recruiters in MICA.

10. NITIE, Mumbai – Top 20 MBA colleges in India

Exam Accepted:	CAT
Courses Offered:	PGDM
Fees:	Rs 6.26 Lakhs
Average Placement:	Rs 15.83 LPA
No. of Seats:	540

The National Institute of Industrial Engineering was founded in 1963 in the heart of Mumbai. It is one of India’s top business schools. They specialize in PGDIE (Post Graduate Diploma in Industrial Engineering), PGDIM (Post Graduate Diploma in Industrial Management), PGDISEM (Post Graduate Diploma in Industrial Safety and Environmental Management), and PGDMM (Post Graduate Diploma in Manufacturing Management) (Post Graduate Diploma in Manufacturing Management). NITIE’s top recruiters include Maruti Suzuki, Rivigo, Yes Bank, Siemens, and ICICI Bank, among others.

11. ISB (Indian School of Business), Hyderabad – Top 20 MBA colleges in India

Exam Accepted:	GMAT
Courses Offered:	PGPM
Fees:	Rs 32.82 Lakhs
Average Placement:	Rs 21 LPA
No. of Seats:	886

ISB is a private business college that was founded in 2001. AACSB has accredited it. It covers an area of 260 acres in the city of Hyderabad. ABP News Network Pvt Ltd, Accenture Solutions Pvt Ltd, Amazon, Amway, Aditya Birla Group, Adani Group, Apple South Asia Pte Ltd, Axis Bank, Airtel, Bajaj Finserv, and Goldman Sachs are among the top recruiters at ISB. Johnson & Johnson, Citibank N.A., Cognizant, Deloitte USI, Flipkart.com, Firstcry.com, Godrej Industries Limited, Google India Pvt Ltd, HDFC Bank, HUL, ICICI Bank, KPMG, and Loreal India Pvt Ltd, among others.

12. MDI (Management of Development Studies), Gurgaon – Top 20 MBA colleges in India

Exam Accepted:	CAT
Courses Offered:	PGPM/PGP-HR/PGP-IM
Fees:	Rs 19.8 Lakhs
Average Placement:	Rs 22 LPA
No. of Seats:	420

MDI is a private business school that was founded in 1973. The Gurgaon campus is located on 37 acres of land and has great infrastructure. It is the first business school to receive AMBA accreditation. Shortlisted candidates from the CAT go through GD-PI for the ultimate selection. Deloitte USI, OYO Rooms, KPMG, JP Morgan Chase, Airtel, KPMG, American Express, Accenture, Hinduja Group, Infosys, and Bain Capability Centre are among the top recruiters at MDI Gurgaon.

13. SJMSOM ( Shailesh J. Mehta School of Management), IIT Mumbai – Top 20 MBA colleges in India

Exam Accepted:	CAT
Courses Offered:	MBA
Fees:	Rs 8.75 Lakhs
Average Placement:	Rs 19.06 LPA
No. of Seats:	120

SJMSOM, an academic subdivision of IITB, has established itself as a national and international business management school. SJMSOM also provides post-graduate Master of Management (MOM) and Ph. D. programs, as well as an Executive MBA program in collaboration with Washington University in St. Louis, USA. SJMSOM provides students with a well-designed curriculum and training that prepares them to face modern difficulties in their professional lives. 

They specialize in marketing, finance, consulting, supply chain, operations, and information technology. PwC, Accenture, Flipkart, GEP, Google, IBM, Mondelez, Nestle, Proctor & Gamble, Deloitte, Amazon, Cadbury, Axis Bank, Kotak, Yes Bank, JP Morgan Chase, SBI, IBM, Flipkart, Google, Intel, Snapdeal, Bisleri, Colgate, and Tata Global Beverages are among the top recruiters.

14. IMT (Institute of Management Technology), Ghaziabad – Top 20 MBA colleges in India

Exam Accepted:	CAT/XAT/GMAT
Courses Offered:	PGDM
Fees:	Rs 19 Lakhs
Average Placement:	Rs 12.5 LPA
No. of Seats:	660

IMT Ghaziabad is one of India’s top business schools, having received the renowned AACSB certification. It has continuously been recognized among the top 10 B-schools by respectable rating organizations such as Business Today and CRISIL, and it has substantial industry relationships in the business school field.

The Institute of Management Technology (IMT) Ghaziabad offers PGDM programs in Marketing, Finance, and Banking, Insurance, and Financial Services (PGDM-BIFS). Deloitte, PwC, Google, L’Oréal, JP Morgan, Britannia, Goldman Sachs, Microsoft, SAP, and Accenture are among the top recruiters at IMT Ghaziabad.

15. VGSoM (Vinod Gupta School of Management), IIT Kharagpur – Top 20 MBA colleges in India

Exam Accepted:	CAT
Courses Offered:	MBA
Fees:	Rs 11.5 Lakhs
Average Placement:	Rs 16.29 LPA
No. of Seats:	140

VGSom is a West Bengal Public B-school. It is the first college of management founded under the Indian Institute of Technology in 1993. It was created for managers with extensive technical knowledge. VGSoM was founded on the basis of the Massachusetts Institute of Technology’s Sloan School of Management in the United States (MIT). They specialize in sales and marketing, operations, analytics, consulting, and information technology. HSBC, Trident, Vedanta, Tata Power, IBM, ICICI Bank, JP Morgan, TCS, IBM, Wipro, Infosys, Genpact, Axtria, CRISIL, eBay, Accenture, Kotak, Edelweiss, and Cluster are among the top recruiters.

16. DoMS, IIT Madras – Top 20 MBA colleges in India

Exam Accepted:	CAT
Courses Offered:	MBA
Fees:	Rs 8 Lakhs
Average Placement:	Rs 12.44 LPA
No. of Seats:	68

It is one of the top Non-IIM colleges in India. It was established in 2004. The Campus is spread across an area of 600 acres in Chennai. They offer a specialization in HR, Marketing, and Finance. Some of the top recruiters are TATA, Infosys, AG Facilities Solutions, Chalo, Kantar Analytics, Fractal Analytics, Micron Technologies, OSG Analytics, Trexquant, Visual BI, William O’ Neil, ZS Associates, Zycus, Accenture, Amazon, Cisco, Cognizant, Dell, Ford, and McKinsey.

17. DMS, IIT Delhi – Top 20 MBA colleges in India

Exam Accepted:	CAT
Courses Offered:	MBA
Fees:	Rs 9.6 Lakhs
Average Placement:	Rs 18.47 LPA
No. of Seats:	115

DMS-IIT Delhi is a prestigious business school located around 320 acres. MBA programs were created by the management studies department in 1993. The UGC and AICTE both concur on this. Currently, the department offers a two-year full-time MBA program (General and focused on Managing Telecommunications Systems). Shell, Amazon, Accenture, Capgemini, EY, GAIL, Deloitte, KPMG, IBM, HSBC, HP, IOC, Cognizant, GE, and Wipro are among the top recruiters.

18. XIMB (Xavier Institute of Management), Bhubaneswar – Top 20 MBA colleges in India

Exam Accepted:	XAT, CAT, GMAT
Courses Offered:	MBA
Fees:	Rs 17.3 Lakhs
Average Placement:	Rs 14.5 LPA
No. of Seats:	480

XIMB was founded in 1987. The institute is also noted for routinely conducting research and development operations in partnership with state government ministries. The state government established the Centre of Excellence in Fiscal Policy and Taxation (CEFT). They provide a Business Management concentration. 

The Campus has an area of 20 acres. HCL Technologies, Wipro, IBM, Mindtree, Infosys, Deloitte, UHG, ICICI Bank, PWC, Royal Bank of Scotland, GAIL, Accenture, HSBC, and others are among the top recruiters.

19. IRMA ( Institute of Rural Management Anand), Gujarat – Top 20 MBA colleges in India

Exam Accepted:	CAT/XAT
Courses Offered:	PGDRM
Fees:	Rs 5.54 Lakhs
Average Placement:	Rs 12.84 LPA
No. of Seats:	180

The institution was founded in 1979 by Dr. Verghese Kurien. Dr. Kurien is known as “India’s White Revolution Father.” The Swiss Development Cooperation Agency, the Government of India, the Gujarat Government, Indian Dairy Cooperation, and the National Dairy Production Board all helped to develop IRMA. IRMA provides management education that focuses on real-world business difficulties and socioeconomic concerns that marginalized people experience.

IRMA offers graduate and research programs. They also offer the Postgraduate Diploma in Rural Management, the Rural Management Fellow Programme, and the Executive PGDRM. Big Basket, Adani, Godrej, ITC Limited, Mother Dairy, IDFC, ICICI, Vedanta Ltd., Future Group, Grofers, Pidilite Industries Limited, and others are among the top recruiters.

20. TAPMI Manipal – Top 20 MBA colleges in India

Exam Accepted:	CAT, XAT, GMAT
Courses Offered:	PGDM
Fees:	Rs 14.6 Lakhs
Average Placement:	Rs 11.4 LPA
No. of Seats:	420

TAPMI is the fifth university to get AACSB (Association to Advance Collegiate Schools of Business) and AMBA (Association of MBAs) dial accreditation, which was established in 1980 by Shri T.A. Pai. TAPMI exchanges students and teachers with Sheffield Hallam University in the United Kingdom, Macquarie University in Australia, and the Asian Institute of Management in Manila. 

They specialize in Consulting, Banking & Finance, Human Resources, and Marketing. Accenture, Dell, Amazon, Flipkart, Zoho, Practo, Radio Mirchi, Goldman Sachs, Citi Bank, CRISIL, IBM, Infosys, HDFC, HSBC, Titan, Salesforce, Tata Motor, Volvo, and others are among the top recruiters.

21. ITM Business School

Approved by the AICTE, ITM Business School has campuses in Navi Mumbai (Khargar), Warangal, Chennai, Vadodara and Raipur. Established in 1991, the ITM Group’s principal campus is located within the city in Kharghar (Navi Mumbai). Khargar is the name of its campus. Khargar college has been offering education to students for the last 29 years.

It is among the top MBA or PGDM institutions in India. ITM Business School is consistently listed as one of the top B-Schools for MBA/PGDM in Mumbai West Zone, Mumbai, and across the country over the last decade. It is India’s 15th best B-School.

The school offers the PGDM for two years. iConnect program that has more than 1,000 hours of classroom instruction. ITM Business School Navi Mumbai has agreements with Queen Margaret University UK, EMI Normandie France, and Groupe ESSCA France.

It offers all the modern infrastructure that is expected from a world-class institution that provides business education. With a variety of curricular, pedagogical, and extracurricular activities, as well as the infrastructure that is available, the campus provides an ideal environment for every student to develop holistically.

Some of the other Top Non-IIM MBA colleges are- Top 20 MBA colleges you should apply to apart from IIMs

The majority of MBA students aim for their sights on the Indian Institutes of Managements (IIMs) However, of the thousands of applicants, about 500 of them actually are admitted to the elite institutes. In the end, being unable to get into the IIMs isn’t an end in itself. There are many top-ranked MBA institutions in India that offer high-quality education.

A number of the top MBA schools in India provide MBA programs with a range of popular specializations, including niche and new specializations. These institutions are known for their academic programs, infrastructure, pedagogy, faculty, and international exposure, as well as their excellent admissions. Admission requirements for these schools accept a variety of MBA entrance tests like the CAT, MAT and CMAT, XAT, and GMAT.

As we contemplate the top non-IIMs that accept CAT scores, the B-Schools that pop into our mind are:

• Faculty of Management Studies
• Management Development Institute
• SP Jain Institute of Management Research
• Institute of Management Technology
• KJ Somaiya Institute of Management Studies & Research
• International Management Institute

It’s not easy to pass these top B-schools, which have low CAT percentages. There are other popular B-schools offering similar quality faculty, infrastructure and pedagogy, exposure to international students, and campus location; you should focus your efforts on this academic session regardless what your test score.

With the MBA admissions season getting underway, Shiksha has compiled a list of the top 20 MBA colleges to apply to, aside from IIMs and non-IIMs that are mentioned above.

The admissions process to these MBA schools typically includes:

• Application form
• Group Discussion (GD) and Personal Interview (PI)
• The final selection process of applicants is based on the basis of their score in the entrance exam including GD, PI, GD, and academic record

Top 20+ Non-IIM MBA Colleges You Should Apply To

The following is a list of the top 20 MBA colleges in India that are not IIMs where applicants can pursue an MBA. These institutions feature contemporary facilities, great instructors, an up-to-date curriculum, and a strong placement record.

MBA Institute	MBA Fees	Test Scores Accepted
Xavier Labour Relations Institute	Rs 23.60 lakh	XAT
National Institute of Industrial Engineering	Rs 7.62 lakh	CAT
Xavier Institute of Management, Bhubaneswar	Rs 20.80 lakh	CAT/XAT/GMAT/X-GMT
Department of Management Studies - IIT Delhi	Rs 8 lakh	CAT
Jamnalal Bajaj Institute of Management Studies	Rs 3 lakh	CAT/MAH-CET
Vinod Gupta School of Management- IIT Kharagpur	Rs 10.51 lakh	CAT
T. A. Pai Management Institute	Rs 14.60 lakh	CAT/XAT/GMAT/MAT
Shailesh J Mehta School of Management - IIT Bombay	Rs 8.32 lakh	CAT
Birla Institute of Management Technology, Greater Noida	Rs 12 lakh	CAT/XAT/MAT/GMAT/CMAT
Institute of Management, Nirma University	Rs 10.04 lakh	CAT

Top MBA Colleges other than IIMs accepting CAT 2021 Scores – Top MBA colleges in India except for IIM

The CAT test is used to get admission to 20 IIMs and other top management schools in India. Apart from IIM, several other MBA institutions accept CAT scores for MBA/ PGDM admissions, including FMS Delhi, DMS, SPJIMR, and many more. The CAT 2021 admissions process has begun in the non-IIMs listed in the article below.

Department of Management Studies, IIT Delhi

The Department of Management Studies, IIT Delhi, better known as DMS, was founded in 1993 and accepts applicants to the MBA program based on CAT scores.

Candidates seeking to IIT Delhi MBA programs must first pass the CAT test. They will then be shortlisted and invited to participate in the online PI round. The selection process for CAT 2021 will commence in the second week of March 2022. For further information, please see the timetable below:

Event	Dates
Online Registration	February 3, 2022
Commencement of Online PI round	March 7 – March 13, 2022
Final Result	The first week of May 2022
Commencement of Classes	Fourth week of July 2022

• Eligibility- A graduate degree with a minimum of 60% aggregate marks or a 6.0 CGPA on a scale of 10 is required. Those who fall into the reserved group receive a 5% grade reduction.
• Cut Off- A percentile over 98 will offer you a good chance of moving on to the next round of admissions.
• Placements- The maximum domestic compensation provided to applicants in 2019-21 was 33.8 LPA, with an average income of 18.5 LPA.

Fees- 

Programs Offered	Fees (Rs)
MBA	9.60 Lakhs
MBA Telecommunication Systems Management	8.80 Lakhs
Ph.D. Management	-
Executive MBA in Technology Management	10.80 Lakhs

Faculty of Management Studies (FMS), Delhi

FMS, Delhi is ranked first among universities accepting CAT 2021 scores that are not IIMs, as well as in terms of ROI (Return on Investment). CAT scores are used to determine admission to the MBA program. The selection criteria for students are comparable to those used by IIMs. Candidates must now have good sectional scores to be considered for PI rounds at FMS Delhi.

Event	Dates
FMS Application Opens	November 23, 2021
FMS Application Closes	January 11, 2022
FMS PI Shortlist	Last week of February 2022
FMS PI Date	April 2022
FMS Results	April 2022
Course Commences	July 2022

• Eligibility- According to FMS, Delhi, MBA applicants must have a bachelor’s degree in a relevant discipline with a 50 percent aggregate. Candidates from the restricted categories are given a 5% discount.
• To be eligible for admission to this institute, candidates must have a percentile of roughly 99.
• FMS has a strong track record of placement. The average package for the 2020-21 batch was roughly 21 LPA. The highest annual overseas package was 1.02 crore, and the highest annual domestic package was 66 LPA.

Fees– 

Programs Offered	Fees (Rs)
Executive MBA	1 lakh
MBA	47,780
Ph.D. Management	-
Executive MBA in Healthcare Administration	1 lakh

Department of Management Studies, IIT Madras

DoMS (Department of Management Studies, Indian Institute of Technology, Madras) is a business school affiliated with the Indian Institute of Technology Madras in Chennai

Event	Dates
Last date of registration	February 6, 2022
Announcement of shortlisted candidates for GD and PI	February 2022
Commencement of GD and PI rounds	Last week of March 2022
Final Result	The first week of May 2022
Commencement of MBA	The first week of June 2022

• Eligibility- Candidates must have a graduate degree with at least 60% aggregate marks. Those who fall into the reserved group receive a 5% grade reduction.
• Cut Off- According to the authorities, the CAT cut-off for DMS IIT Madras is 98.2 percentile, and if a candidate can get around this, he or she would have a better chance of being called for PI (Personal Interview) and GD (Group Discussion)
• Placements- According to the DMS IIT Madras placement report for the academic year 2020, the highest package was 22.15 LPA, with the average package being 12 LPA.

Fees- 

Programmes Offered	Fees (Rs)
Executive MBA	13 Lakhs
MBA	8 Lakhs
MS by Research Entrepreneurship	24.80 K
PGP Executive Visionary Leadership in Manufacturing	-
MS Management	24.80 K
Ph.D. HR and Organizational Behaviour	-
Ph.D. Operations Management	-
Ph.D. Marketing	-
Ph.D. Integrative Management	-
Ph.D. Information Systems	-

S P Jain Institute of Management and Research (SPJIMR), Mumbai

SP Jain Institute of Management and Research is a private business school connected to Bharatiya Vidya Bhavan.

• Eligibility- Those seeking admission to the PGDM program at SPJIMR must have a bachelor’s degree in the appropriate subject with a minimum of 50% marks. Work experience is not required. However, if obtained, it may serve as an additional benefit.
• The cut-off for admission to SPJIMR, Mumbai is 85 percentile in the CAT 2021.
• Placements- According to SPJIMR placement records, the average CTC provided to candidates in the most recent placement session was 20.9 LPA.

Fees- 

Programmes Offered	Fees (Rs)
PGDM	17.50 Lakhs
FPM	-
Post Graduate Executive Management Programme	8 Lakhs
Post Graduate Management Programme for Women	10.95 Lakhs
Post Graduate Programme in Development Management	1.50 Lakhs
Post Graduate Programme in Family Managed Business	11.50 Lakhs
Post Graduate Programme in Management	18.65 Lakh

Shailesh J. Mehta School of Management, SOM, IIT Bombay

Shailesh J Mehta School of Management, Indian Institute of Technology, Bombay is a public business school founded in 1995 as part of the Indian Institute of Technology Bombay.

The admission process for the institute’s management program is divided into two stages. Passing CAT 2021 with a minimum sectional and aggregate percentile. They will then be shortlisted for the Personal Interview phase.

Event	Date
Last Date of Online Registration	February 3, 2022
Announcement of shortlisted candidates for PI	February 17, 2022
Commencement of PI round	March 2- 6, 2022
Final Result	The first week of May 2022

• Eligibility- The candidate must have a graduate degree with a minimum of 60% aggregate or 6.5 CGPA on a scale of 10. Reserved category candidates are given a relaxation of 5% marks or 6.0 CGPA on a scale of 10.
• Cut Off- As per admission criteria 2022-24, the minimum cut-off for shortlisting candidates is 90 percentile for general category candidates, 81%ile for NC-OBC, and 60%ile for SC/ ST/ PwD candidates.
• Placements- In the previous placement session, the maximum domestic package was 29.9 LPA and the average package offered was 17.63 LPA.

Fees- 

Programs Offered	Fees (Rs)
MBA	8.30 Lakhs
Ph.D. in Management	-

Management Development Institute, Gurgaon

The Industrial Finance Corporation of India founded the Management Development Institute, Gurgaon in 1973, and it is located in Gurgaon.

• Eligibility- Candidates must have a graduate degree with a minimum aggregate of 50%.
• Cut Off- The MDI Gurgaon CAT 2021 cut-off is predicted to be between the 93 and 96 percentile.
• Placements- According to MDI Gurgaon’s placement data, the highest CTC provided to a candidate in the PGPM program was 28.74 LPA, with an average CTC of 19.25 LPA.

Fees–

Programs Offered	Fees (Rs)
PGDM National Management Programme	12.80 Lakhs
PGPM	18.48 Lakhs
PGP Public Policy Management	6.76 Lakhs
PGP International Management	23.58 Lakhs
PGP Human Resource Management	18.48 Lakhs
PGP Energy Management	12.21 Lakhs
PGDM Executive Management Programme Part-Time	9.48 Lakhs
FPM	-

Institute of Management Technology, Ghaziabad

It was founded in 1980 and is also known as IMT Ghaziabad. IMT is a totally autonomous institution that provides a variety of management postgraduate, PhD, and executive degrees.

• Admission Process- Admission to India’s one of the best Management schools is made based on CAT/XAT scores. Candidates clearing the cut-off will be called for further interviews and Group Discussion rounds
• Eligibility – Aspirants must have a bachelor’s degree with a minimum of 50% aggregate marks in any discipline. 
• Cut Off – IMT cut-off for CAT is around 93 Percentile and for XAT is around 90 Percentile.
• Placements – In the 2020 placement session, the highest domestic offer to the candidate was 25 LPA and the average CTC was 11.26 LPA

TA Pai Management Institute, Manipal

T.A. Pai Management Institute (TAPMI) is an independent private business school in India. It was founded in 1980 and is located in the Karnataka university town of Manipal. After the Indian School of Business, it is the second B-School in India to get worldwide accreditation from the Association to Advance Collegiate Schools of Business (AACSB).

• Admission Process- TAPMI adopts a two-stage process for admitting candidates to its PGDM Program. Valid CAT/XAT/GMAT scores are mandatory prerequisites to qualify for the admission process consisting of WAT/Personal Interviews. Here is the list of important dates for TAPMI, Manipal:

Events	Details
PI shortlist release	February 2022
Commencement of PI round	February/ March 2022
Final Result	May 2022
Commencement of Classes	June/July 2022

• Eligibility- Candidates must have a graduate degree with a minimum of 50% aggregate marks.
• Cut Off- CAT 2021 Cut off for MBA admission in TAPMI is 85 percentile. The cut off is the same for admission through XAT 2022.
• Placements- As per the placement reports 2021, the highest CTC offered was 25 LPA and the average CTC was 11.20 LPA. 

Fees- ​

Course	Fees
MBA	16.00 lakhs
MBA (BKFS)	16.00 lakhs
MBA (HRM)	16.00 lakhs
MBA (Marketing)	16.00 lakhs

National Institute of Industrial Engineering (NITIE Mumbai)

The National Institute of Industrial Engineering (NITIE), formerly known as the National Institute for Training in Industrial Engineering, is a Mumbai, India-based institute located in Powai, near Vihar Lake. The following are some important facts regarding the institute.

• Eligibility- Candidates with at least 60% marks in any relevant discipline will be eligible for admissions. A relaxation of 5% marks will be given to reserved category candidates.
• Cut Off- CAT cut-off for the institute is expected to be above the 90 percentile.
• Placements- According to the placement reports, the highest CTC offered was INR 37 LPA and the average CTC was 15.82 LPA

Event	Date
NITIE Registration open	September 27, 2022
NITIE Registration Closes	January 31, 2022
Commencement of GD and PI rounds	March 23, 2022
Final Result	April 2022
Commencement of Classes	May 2022

Xavier Institute of Management, Bhubaneswar (XIMB)

XIMB is a business school in Odisha that was founded in 1987. MBA programs are available at the institute in a variety of fields.

• Admission Process- The selection is made based on the scores in exams XAT/CAT/GMAT and it includes Written Ability Test and Personal Interview (which factors in the past academic record and relevant work experience).
• Eligibility- A bachelor’s degree in the relevant field with a minimum of 55% aggregate must be acquired. Additionally, candidates must have work experience of a minimum of 3 years. 
• Cut Off- For CAT aspirants it is good to score a percentile around 94 and for XAT candidates the cut off for the same course is around 95%.
• Placements- The highest domestic salary offered to the candidates was 20 LPA and the average CTC offered was 12.44 LPA.

Loyola Institute of Business Administration (LIBA), Chennai

The Society of Jesus (Jesuits) created the Loyola Institute of Business Administration (LIBA) in Chennai, Tamil Nadu, India, in 1979. It is administered by the Loyola College Society and is located on the campus of Loyola College in Chennai.

• Admission Process- Candidates will be shortlisted based on their CAT/XAT scores. The shortlisted candidates will be called for group discussion and interview for final selection at Bangalore, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai. The admission dates for the MBA program have not been declared yet. Collegedunia will update them as soon as they are out. 
• Eligibility- Candidates must have a graduate degree with a minimum of 60% aggregate marks. 
• Cut Off- CAT Cut Off for admissions is above 85 percentile and for XAT its 90 percent

Top MBA Colleges Other than IIMs As Per NIRF Ranking 2021

MBA aspirants can find below the list of the Top 30 Management Institutes based on the rankings of the National Institute Ranking Framework (NIRF).

NIRF Ranking 2022	Name of the institute
1	Xavier Labour Relations Institute
2	Indian Institute of Technology Delhi
3	Indian Institute of Technology Bombay
4	Indian Institute of Technology Roorkee
5	Management Development Institute
6	S. P. Jain Institute of Management & Research
7	National Institute of Technology Tiruchirappalli
8	Great Lakes Institute of Management
9	Symbiosis Institute of Business Management
10	SVKM's Narsee Monjee Institute of Management Studies

Frequently Asked Questions:

Q. What are the best MBA colleges in India other than IIM?

Ans. The best 20 MBA Colleges in India other than IIMs are given in the article above. This also includes – 

1. Xavier Labour Relations Institute (XLRI), Jamshedpur.
2. Indian Institute of Technology, Kharagpur.
3. Indian Institute of Technology, Bombay.
4. Management Development Institute, Gurugram.
5. National Institute of Industrial Engineering, Mumbai.

Q. Which is the No 1 College for MBA 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, and XLRI MDI Gurgaon to name a few.

Q. Is MBA and IIM the same?

Ans. All IIMs offer a two-year full-time Post Graduate Programme in Management (PGP), equivalent to a Master of Business Administration (MBA) degree. The program is considered the flagship program of IIMs and awards the Master of Business Administration (MBA) to successful candidates.

Q. How do I choose a good college MBA?

Ans. Parameters to Choose Right MBA College in India

1. Your Career Plan. First and foremost, know what your career plan is and what you want from your MBA college. 
2. Make a List. 
3. Colleges Accreditation. 
4. Faculty. 
5. Pedagogy & Curriculum. 
6. Additional Relevant Certifications & Programs. 
7. Infrastructure.
8. Legacy of the College.
9. Placements etc. 

Q. What are the fees of an MBA in IIM?

Ans. IIM Fee Structure and Seats – IIM fees for the MBA program range between Rs 10 lakh to 23 lakh for its complete course. The top three IIM fees i.e. Ahmedabad, Bangalore, and Calcutta are the highest which is Rs 23 lakh. However, the newer IIM MBA fee structure for MBA is under Rs 12 lakh.

Q. What is cut off for IMT Ghaziabad?

Ans. IMT Ghaziabad CAT Cutoff 2022

IMT Campus	XAT Percentile
IMT Ghaziabad	90
IMT Nagpur	80
IMT Hyderabad	70

Q. Which is difficult CAT or GMAT?

Ans. Comparison of the relative difficulty

The GMAT has a very well-defined syllabus and question types, thus it is easier to prepare for GMAT than the CAT. It is possible to score 700+ on the GMAT with 90 – 120 hours of dedicated preparation.

Q. How do I apply for FMS MBA?

Ans. The shortlisting for the final selection round in FMS Admission Criteria awards 100% weight to CAT 2021 score. Check the official website for admission details or contact Formfees for the latest updates.

FMS MBA Batch	FMS MBA Fee	Average Placement Package (Rs.in Lakhs)
2018-20	Rs.25,000	25.6 LPA
2019-21	Rs.1.92 Lakhs	26.20 LPA
2020-22	Rs.1.92 lakhs	32.40 LPA

Q. Which is the best MBA Institute in India?

Ans. According to the most recent NIRF rankings, IIM Ahmedabad is the best MBA college in India. IIM Bangalore is ranked second, IIM Calcutta is ranked third, IIM Lucknow is ranked fourth, and IIT-Delhi-DoMS is ranked fifth.

Q. How can I know which college is the finest for an MBA?

Ans. When selecting an MBA institution, candidates should consider the following factors: government recognition, degree/diploma, curriculum and pedagogy, infrastructure, ranking, location, fees, and placement record.

Q. Which are the best MBA programs in India?

Ans. IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and many more are among the best MBA institutions in India.

Q. What is the average cost of an MBA in India?

Ans. The average tuition price for India's best MBA institutions is around INR 10,68,413.

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