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Top MBA Colleges in India Except IIM

Top MBA Colleges in India Except 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.

 Saurav Anand
 Saurav Anand 26/09/2022
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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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

1Symbiosis Institute of Business Management, Pune
2Institute of Management Technology,Ghaziabad
3ICFAI Business School (IBS), Hyderabad
4Lal Bahadur Shastri Institute of Management, Delhi
5Institute of Rural Management, Anand
6International School of Business And Media , Pune
6Apeejay School of Management Dwarka, Delhi
7Lexicon Management Institute of Leadership and Excellence, Pune/td>
8Jagan Institute of Management Studies, Delhi
9Jagannath International Managent School(JIMS) Kalkaji, New Delhi
10Institute of Public Enterprise (IPE), Hyderabad
11Dr. D. Y. Patil B-School, Pune
12SIES School of Business Studies,Navi Mumbai
13N. L. Dalmia Institute of Management Studies And Research, Mumbai
13International Institute of Management Studies, Pune
14SIES College of Management Studies, Navi Mumbai
15IIEBM,Indus Business School, Pune
16Universal Business School, Raigad
17Institute of Engineering And Management, Kolkata
17MET Institute of Management, Mumbai
18JIS College of Engineering, Nadia
19Praxis Business School, Kolkata
20Krupanidhi College of Management, Bangalore
21Vignana Jyothi Institute of Management, Hyderabad
22Chetana's Institute of Management and Research, Mumbai
22MET Institute of Post Graduate Diploma In Management, Mumbai
23Pune Institute of Business Management, Pune
24Durgadevi Saraf Institute of Management Studies, Mumbai
25SDM Institute For Management Development (SDMIMD), Mysore
26Indus Business Academy (Formerly Indian Business Academy), Bangalore
27GL Bajaj Institute of Management And Research PGDM Institute, Greater Noida
28International Institute of Health Management Research, Delhi
29Apeejay Institute of Management & Engineering Technical Campus, Jalandhar
30ISSM Business School, Chennai
31Institute For Technology And Management, Navi Mumbai
31Durgadevi Saraf Global Business School,Mumbai
32Bharatiya Vidya Bhavan Institute of Management Science, Kolkata
33Gitarattan International Business School, Delhi
33Hindusthan College of Arts & Science, Coimbatore
34NSHM Knowledge Campus, Durgapur
35RV Institute of Management, Bengaluru, Karnataka
36Indira Institute of Management PGDM, Pune
36Aditya School of Business Management, Mumbai
37Aditya Institute of Management Studies And Research, Mumbai
38Institute of Management Studies, Ghaziabad
39Symbiosis Institute of Operations Management (SIOM), Nashik
40ICBM-School of Business Excellence, Hyderabad
41NSHM Knowledge Campus, Kolkata - Group of Instituions, Kolkata
42Rajagiri Centre For Business Studies, Kochi
43I.T.S School of Management, Ghaziabad
44Kohinoor Busness School, Mumbai
45Prestige Institute of Management & Research, Gwalior
46M.S. Ramaiah Institute of Management, Bengaluru
47Govindram Seksaria Institute of Management And Research, Indore
48MIMA Institute of Management, Pune
49Chandigarh Business School of Administration, Landran
50International 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 RankingCollege NameAverage Annual Fees (INR)
5Indian Institute of Technology Delhi5,12,000
8Xavier Labour Relations Institute (XLRI), Jamshedpur12,90,000
9Indian Institute of Technology Kharagpur50,000
10Indian Institute of Technology Bombay9,43,000
11Management Development Institute, Gurugram7,03,000
12National Institute of Industrial Engineering, Mumbai2,05,000
13Indian Institute of Technology Madras4,16,000
14Indian Institute of Technology Roorkee10,76,000
16Indian Institute of Technology Kanpur10,76,000
19S. P. Jain Institute of Management & Research, Mumbai10,95,000
20Symbiosis Institute of Business Management, Pune9,62,500
22SVKM`s Narsee Monjee Institute of Management Studies, Mumbai9,39,000
24Great Lakes Institute of Management, Chennai9,12,000
25Indian Institute of Foreign Trade, New Delhi3,22,000
26International Management Institute, New Delhi5,60,000
27ICFAI Foundation for Higher Education, Hyderabad8,00,000
29Amity University, Gautam Budh Nagar5,12,000
30Indian Institute of Technology (Indian School of Mines), Dhanbad12,90,000
31Kalinga Institute of Industrial Technology, Bhubaneswar50,000
32T. A. Pai Management Institute Manipal9,43,000

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

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


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 AcceptedCAT
Courses OfferedMBA
Fees1.92 Lakhs
Average Placement25.6 LPA
No. of Seats287

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.

  1. 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.

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

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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,,, Godrej Industries Limited, Google India Pvt Ltd, HDFC Bank, HUL, ICICI Bank, KPMG, and Loreal India Pvt Ltd, among others.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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:

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 InstituteMBA FeesTest Scores Accepted
Xavier Labour Relations InstituteRs 23.60 lakhXAT
National Institute of Industrial EngineeringRs 7.62 lakhCAT
Xavier Institute of Management, BhubaneswarRs 20.80 lakhCAT/XAT/GMAT/X-GMT
Department of Management Studies - IIT DelhiRs 8 lakhCAT
Jamnalal Bajaj Institute of Management StudiesRs 3 lakhCAT/MAH-CET
Vinod Gupta School of Management- IIT KharagpurRs 10.51 lakhCAT
T. A. Pai Management InstituteRs 14.60 lakhCAT/XAT/GMAT/MAT
Shailesh J Mehta School of Management - IIT BombayRs 8.32 lakhCAT
Birla Institute of Management Technology, Greater NoidaRs 12 lakhCAT/XAT/MAT/GMAT/CMAT
Institute of Management, Nirma UniversityRs 10.04 lakhCAT

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:

Online RegistrationFebruary 3, 2022
Commencement of Online PI roundMarch 7 – March 13, 2022
Final ResultThe first week of May 2022
Commencement of ClassesFourth 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.


Programs OfferedFees (Rs)
MBA9.60 Lakhs
MBA Telecommunication Systems Management8.80 Lakhs
Ph.D. Management-
Executive MBA in Technology Management10.80 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.

FMS Application OpensNovember 23, 2021
FMS Application ClosesJanuary 11, 2022
FMS PI ShortlistLast week of February 2022
FMS PI DateApril 2022
FMS ResultsApril 2022
Course CommencesJuly 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.


Programs OfferedFees (Rs)
Executive MBA1 lakh
Ph.D. Management-
Executive MBA in Healthcare Administration1 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

Last date of registrationFebruary 6, 2022
Announcement of shortlisted candidates for GD and PIFebruary 2022
Commencement of GD and PI roundsLast week of March 2022
Final ResultThe first week of May 2022
Commencement of MBAThe 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.


Programmes OfferedFees (Rs)
Executive MBA13 Lakhs
MBA8 Lakhs
MS by Research Entrepreneurship24.80 K
PGP Executive Visionary Leadership in Manufacturing-
MS Management24.80 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.


Programmes OfferedFees (Rs)
PGDM17.50 Lakhs
Post Graduate Executive Management Programme8 Lakhs
Post Graduate Management Programme for Women10.95 Lakhs
Post Graduate Programme in Development Management1.50 Lakhs
Post Graduate Programme in Family Managed Business11.50 Lakhs
Post Graduate Programme in Management18.65 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.

Last Date of Online RegistrationFebruary 3, 2022
Announcement of shortlisted candidates for PIFebruary 17, 2022
Commencement of PI roundMarch 2- 6, 2022
Final ResultThe 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.


Programs OfferedFees (Rs)
MBA8.30 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.


Programs OfferedFees (Rs)
PGDM National Management Programme12.80 Lakhs
PGPM18.48 Lakhs
PGP Public Policy Management6.76 Lakhs
PGP International Management23.58 Lakhs
PGP Human Resource Management18.48 Lakhs
PGP Energy Management12.21 Lakhs
PGDM Executive Management Programme Part-Time9.48 Lakhs

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:
PI shortlist releaseFebruary 2022
Commencement of PI roundFebruary/ March 2022
Final ResultMay 2022
Commencement of ClassesJune/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- ​

MBA16.00 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
NITIE Registration openSeptember 27, 2022
NITIE Registration ClosesJanuary 31, 2022
Commencement of GD and PI roundsMarch 23, 2022
Final ResultApril 2022
Commencement of ClassesMay 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 2022Name of the institute
1Xavier Labour Relations Institute
2Indian Institute of Technology Delhi
3Indian Institute of Technology Bombay
4Indian Institute of Technology Roorkee
5Management Development Institute
6S. P. Jain Institute of Management & Research
7National Institute of Technology Tiruchirappalli
8Great Lakes Institute of Management
9Symbiosis Institute of Business Management
10SVKM'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 CampusXAT Percentile
IMT Ghaziabad90
IMT Nagpur80
IMT Hyderabad70

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 BatchFMS MBA FeeAverage Placement Package ( Lakhs)
2018-20Rs.25,00025.6 LPA
2019-21Rs.1.92 Lakhs26.20 LPA
2020-22Rs.1.92 lakhs32.40 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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