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Top MBA Colleges In India State Wise

Top MBA Colleges In India State Wise – Top MBA Colleges In India State Wise with a great return on investment. Among the Top MBA colleges In India offering inexpensive MBAs are FMS, JBIMS, SIMSREE, PUMBA, UBS, USMS, and SRM. They offer prices ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA program, whereas many […]

 Saurav Anand
 Saurav Anand 24/09/2022
24/09/2022
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Top MBA Colleges In India State Wise –

Top MBA Colleges In India State Wise with a great return on investment. Among the Top MBA colleges In India offering inexpensive MBAs are FMS, JBIMS, SIMSREE, PUMBA, UBS, USMS, and SRM. They offer prices ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA program, whereas many of the more expensive MBA institutes demand fees ranging from Rs.18 lakhs to Rs.25 lakhs.

According to NIRF Ranking and other B-School polls such as The Times and India Today, the Best MBA Colleges in India include IIM Calcutta, IIM Ahmadabad, IIM Bangalore, and so on.

In this article, you can see the Best private MBA colleges in India placement wise which may range from INR 50,000 to 30 Lakhs per year.

People also ask – 

1. Which is the top MBA college in India?

Ans. 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.

2. Between a private and a government college for MBA, which is better?

Ans.  Any MBA college which is UGC recognised and AICTE is approved is good, because they offer the latest curriculum. However, between private and government colleges, it is upto the candidate to decided which MBA college to choose. While private institutions have better infrastructure, government institutions charge low fees.

3. What is the average fees of MBA in India?

Ans. The average fee for MBA in India is INR 10 lakh per annum. The fee for MBA in India will vary from college to college.

4. Does MBA have 100 percent placement?

Ans.  Many MBA colleges give 100% placement opportunities. But, good packages are offered in the below-mentioned colleges.

5. Do MBA students get placements?

Ans. MBA placements season is on and top IIMs and other top B-schools such as IIFT, FMS, MDI, SPJIMR, IMI, JBIMS, SIBM, etc. have already concluded their final placement process for the outgoing batch (2020-22) with encouraging results.

The Top MBA colleges In India State Wise provide Online MBA, Regular MBA, and Distance MBA  programs. There are more than 4736 top MBA colleges in India, with 710 being government MBA colleges in India and 3969 being the best private MBA colleges in India.

The MBA colleges In India fees list.

Around 31 per cent of MBA colleges have a fee structure that ranges from INR 10-20 lakh. Some of these colleges are:

Around 6 per cent of MBA colleges have a fee structure of more than INR 20 lakh. Some of these colleges are:

Top MBA colleges in India with ranking

IIM Ahmedabad leads the list of the best MBA institutions located in India then IIM Bangalore, then IIM Kolkata and on. NIRF rankings that showcase the top MBA schools in India 2021 include the previous three colleges, as well as IIM Kozhikode, IITs like IIT Delhi, XLRI, MDI Gurgaon among others. Careers360 have released their ranking for the best MBA schools in India 2022. The list includes the three top IIMs along with a range of the best BSchools of India which have made their contribution to the country.

Top MBA Colleges in India NIRF Ranking 

Every year, the ‘National Institutional Ranking Framework’ analyzes the overall performance of all institutions in several streams and publishes the results. On September 9, the NIRF rankings for top MBA institutions in India for 2021 were revealed.

Top 10 MBA colleges in India as per NIRF 2021

Name of the CollegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34
IIT Delhi572.15
IIM Indore671.1
IIM Lucknow771.02
XLRI, Jamshedpur869.93
IIT Kharagpur969.5
SJMSOM, IIT Bombay1068.08

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

Name of the CollegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34
IIT Delhi572.15
IIM Indore671.1
IIM Lucknow771.02
XLRI, Jamshedpur869.93
IIT Kharagpur969.5
SJMSOM, IIT Bombay1068.08
IIM Indore

IIM Indore

Approvals & Accreditation - EQUIS, AMBA, AACSB Location - Indore, Madhya Pradesh
Course

MBA

IIM Lucknow

IIM Lucknow

Approvals & Accreditation - AMBA, AICTE Location - Lucknow, Uttar Pradesh
Course

MBA

Top MBA Colleges in India with fees

Top MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode and IIM Indore according to the MHRD-NIRF rankings 2021. Other popular B-Schools such as XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management and Department of Management Studies of the IITs also rank among top MBA colleges in India as per the NIRF rankings as well as other B-school surveys such as by India Today, Outlook and Business Today.  

List of Top MBA Colleges in India (Private & Government)

In India, there are around 3,000 private MBA institutions, over 500 public/government MBA colleges, and approximately 70 public-private MBA colleges.

Here is the list of top Private MBA Colleges in India:

Best Private MBA Colleges in IndiaCourse Fee (in INR)
XLRI Xavier School of Management, Jamshedpur23.60 L
MDI Gurgaon21.34 L
NITIE, Mumbai11.33 L
SPJIMR, Mumbai17.87 L
Symbiosis Institute of Business Management, Pune10.20 L
SVKM’s Narsee Monjee Institute of Management Studies10.42 L
Great Lakes Institute of Management, Chennai11.81 L
Indian Institute of Foreign Trade, Delhi8.85 L
International Management Institute, Delhi18.34 L
ICFAI Business School, Hyderabad14.14 L

Here is the list of top 10 government colleges for MBA

Top Government Colleges for MBACourse Fee (in INR)
IIM Ahmedabad23.00 L
IIM Bangalore18.70 L
IIM Calcutta10.10 L
IIM Kozhikode20.50 L
IIT Delhi-DoMS8.80 L
IIM Indore17.06 L
IIM Lucknow5.69 L
IIT Kharagpur-VGSOM9.26 L
IIT Bombay-SJMSOM8.67 L
IIT Madras-DoMS8.00 L

Of the best MBA schools in India some of them are listed as the top of all of the world’s. For instance, in the ranking of Asia-Pacific B-Schools 2020 by Bloomberg Businessweek the ISB is ranked in the fifth position , while IIM Bangalore has been ranked as sixth.

IIM Ahmedabad, IIM Bangalore and SPJIMR are also listed as among the top 50 institutions in the world in the most recent Financial Times Masters in Management (MiM) Rankings 2021. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th, and IIM Bangalore has been ranked 47th. Find out more details MBA rankings and the top MBA schools in India.

If you don’t want to leave your state of origin for further studies, but you would like to complete the MBA in your state of origin There is no reason to worry since in this section, we have listed the top MBA schools in the state of California as per the NIRF ranking. We have included some schools on this list that are not ranked however, as states do not have any colleges, therefore we have included names of the colleges that participate of this NIRF ranking for 2020.

StateTop MBA College NameNIRF Ranking
AssamAssam Don Bosco University
Centre for Management Studies
Assam Downtown University


Andhra PradeshSree Vidyanikethan Institute of Management
Allagadda Institute of Management Science

Arunachal PradeshInstitute for Financial Management and Research Koneru Lakshmaiah Education Foundation University53
70
ChandigarhPanjab University42
ChhattisgarhIndian Institute of Management Raipur19
DelhiIndian Institute of Delhi
Indian Institute of Foreign Trade
International Management Institute
Jamia Millia Islamia
Fore School of Management
Guru Gobind Singh Indraprastha University
8
26
28
34
43
57
GujaratIndian Institute of Management Ahmedabad
Nirma University
Institute of Rural Management Anand
Pandit Deendayal Petroleum University
1
44
72
74
GoaGoa Institute of Management48
HaryanaManagement Development Institute
Indian Institute of Management Rohtak
BML Munjal University
10
21
37
Himachal PradeshCareer Point University
Himalayan Institutes of management Sadhoura road, Sirmour Himachal Pradesh University


Eligibility Criteria for Admission in MBA Program

To gain admission to a top-tier B school, you must first pass one of the entrance tests on behalf of which institution grants admission to their schools if you pass it. There are other MBA entrance tests, but CAT is the only one that is widely accepted by institutions; as a result, about 6000+ colleges in India give admission based on CAT scoring.

However, there are some other entrance tests on behalf of which institution gives admission, but they are confined to a few schools, thus before making any college preferences, you should verify which entrance exam that college offers admission in MBA.

Below we have mentioned a list of entrance examinations which on clearing students can get admission to the MBA program.

  1. CAT
  2. XAT
  3. GMAT
  4. CMAT
  5. MAT
  6. NMAT
  7. ATMA
  8. MAH CET
  9. SNAP
  10. IBSAT

Other Eligibility Criteria

It is not enough to have qualified for the entrance examination since there are additional requirements that must be met in order to be admitted to any college. These criteria are defined by the individual colleges and if you do not meet them, you will not be admitted to that institution. 

So, before taking the entrance examination, you should examine the eligibility requirements of the college you want to attend. We have included some of the common qualities that institutions demand below:

  • Candidate should hold a bachelor’s degree with a minimum of 50% marks but some university percentage criteria are 75%. So, it depends on the university where you are seeking admission.
  • Candidates belong to the reserved category will surely get some relaxation as applicable.
  • Those who are looking for their bachelor exam result can also apply for the program but their admission will only be completed once they submit their mark sheet and certificate.

Top MBA Colleges in India Placement Wise

The placement given by MBA institutions in India is one of the aspects considered by students. It is also a crucial consideration when evaluating admissions. The best MBA institutions in India have a high rate of placement. Students may also look at the top ten MBA institutions in India based on placement data. The specifics are listed in the table below.

Top MBA Colleges in India with placement statistics and top recruiter details

Name of the CollegeMedian SalaryTop Recruiters Coming to the College
Indian Institute of Management, BangaloreRs 28.60 LPA (Source: IIM Bangalore placement report)Urban Clap

Aditya Birla Group

Google

JP Morgan

Asian paints

American Express
Indian Institute of Management, CalcuttaRs 27.67 LPA (Source: IIM Kolkata placement report)Dabur

Whirlpool

Nokia

Dell

Oracle

Viacom 18
Indian Institute of Management, AhmedabadRs 25 LPA (source: IIM Ahmedabad placement report 2020)Airtel

Accenture

Grofers

Flipkart

Microsoft

HSBC
Indian Institute of Management, LucknowRs 23.5 LPA (Source: IIM Lauknow placement report)Axis Bank

Ebay

Coca-cola

Yahoo

Cadbury

Godrej
Indian Institute of Technology, Kharagpur17.12 LPA (Source: VGSOM Placement Report)UBS

VISA

Facebook

EXL Services

Linkedin

Morgan Stanley

Top 20 MBA Colleges in India

India is sprawling with quality MBA colleges, but some are better than others in a few aspects. While choosing an MBA college, there are a few parameters that you should keep in mind, which include, its reputation, the alumni network, the faculty, and of course the corporate connection it has. We have categorized India’s top MBA Colleges into six clusters based on the above-mentioned parameters which will help you select the ideal B-school that you want to target as your MBA destination. As we all know, there is no dearth of MBA Colleges in India, but for this list, we have chosen only the most progressive and most reputed colleges in the country.

Disclaimer: While this list, designed on the predictions made by CL experts, serves as a guide for selecting a top-level MBA college, do not constrain your research to this list only. We advise you to talk to some of the alumni members, go through the official website of the college and visit the campus if you can before taking admission to any of the below-mentioned institutes.

S.No.Sub-ClusterInstituteCityFeesProgram
CLUSTER – 1
As every year, IIM Ahmedabad, Bengaluru and Calcutta get the top three spots on the top MBA Colleges' preference list. With a stellar placement history, excellent reputation, and endless possibilities, these colleges represent the top of the institutions. FMS Delhi, IIM Lucknow IIM Lucknow, as well as XLRI each are equally great and it is possible to pick any one of them according to your specific needs.

If you're a student who has more than three years experience in the field, you should consider ISB Hyderabad which offers a one-year program that accepts the GMAT score to be considered to be considered for admission. FMS DU, TISS, and JBIMS are the most prominent in terms of being excellent "value for money" institutes because of their affordable fees and outstanding places, however the 85% reserve for Maharashtra makes JBIMS to the bottom of my list of preference.

TISS is a little lower on the list, but that is primarily due to the fact that it is a specialist program. A general management degree (rather than a specialized program) is often favored since it allows you to pick your area of expertise after studying all courses in the first year. However, if you are interested in a certain field (in this example, human resources), it will rank higher for you. For example, if you want to specialize in human resources, XLRI and TISS are good options.
11AIndian Institute of Management (IIM-A)AhmedabadINR 23, 00, 000PGP
21AIndian Institute of Management (IIM-B)BengaluruINR 23,20,000PGP
31AIndian Institute of Management (IIM-C)KolkataINR 22,60,000PGDM
41BIndian Institute of Management (IIM-L)LucknowINR 19,25,000PGPM
51BFaculty of Management Studies (FMS) – DUNew DelhiINR 1,92,000MBA
61BIndian School of Business (ISB)HyderabadINR 22,50,000PGP
71BXavier Labour Research Institute (XLRI)JamshedpurINR 23,60,000PGP-BM
81BTata Institute of Social Sciences (TISS)MumbaiINR 1,15,000MA HRM LR
91BJamnalal Bajaj Institute of Management Studies (JBIMS)MumbaiINR 6,00,000MMS
S.No.Sub-ClusterInstituteCityFeesProgram
172AIndian Institute of Management (IIM-L)LucknowINR 19,25,000PGP ABM
182AIndian Institute of Foreign Trade (IIFT)KolkataINR 8,85,000MBA
192AIndian Institute of Technology Bombay – SJSOMMumbaiINR 8,27,000M. Management
202ANational Institute of Industrial Engineering (NITIE)MumbaiINR 14,00,000PGDIM
CLUSTER – 2
This cluster shows that some other non-IIMs are considered to be better MBA colleges than the majority other IIM colleges when it comes to development, learning, and the placement process. IIFT Kolkata is listed in the 2A cluster above other institutions that are older and more established due to its common admissions process that is shared that is shared with IIFT Delhi and hence there is no difference between the two institutions.

In the same way, IIML ABM is preferred over IIMA FABM since IIML does not distinguish from ABM as well as PGP in regards to placement options, IIMA has a separate selection process for PGP as well as FABM. Three well-known technical institutes (IIT Bombay/Delhi and NITIE) make their presence felt in this cluster, all three are well-known MBA in Operations/Systems/Analytics. The IB programs at MDI Gurgaon are in this cluster, but not Cluster 1 due to cost factors. Many of the newest IIMs such as IIM Ranchi, Udaipur, and so on. are also as part of the list.Many other IIMs and colleges that are not IIMs belong to cluster 2.

Top 50 MBA Colleges in India

Top MBA colleges in India Based on the MHRD-NIRF rankings for 2021. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Indore are among the top five. Other B-Schools that are popular are XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management along with IIT Indore. Department of Management Studies of IITs. They are as most prestigious MBA schools within India in the NIRF along with other surveys of B-schools carried out through India Today, Outlook, and Business Today.

Among the top MBA institutions in India, a handful are consistently regarded as the finest in the world. For example, the ISB was placed fifth in Bloomberg Businessweek’s Asia-Pacific B-Schools ranking 2021, whereas IIM Bangalore was ranked sixth.

The current Financial Times Masters in Management (MiM) Rankings 2021 place IIM Ahmedabad, IIM Bangalore, and SPJIMR among the world’s top 50 institutes. IIM Ahmedabad is ranked 26th, SPJIMR is ranked 39th, and IIM Bangalore is ranked 47th. Read on to learn more about MBA rankings and the finest MBA institutions in India.

Sr.noNIRF 2021 RankingTop MBA Colleges in IndiaLocationProgramAverage/Mean/Median Salary (INR)Tuition Fees(domestic)
INR
12IIM BangaloreBangalorePGP28,96,00023,00,000
23IIM CalcuttaKolkataPGP27,00,00024,00,000
3NAIndian School of Business (ISB)HyderabadPGP28,29,00033,05,120
47IIM LucknowLucknowPGP26,00,00019,25,000
5NAFMS DelhiDelhiMBA26,00,0001,92,000
619SPJIMR MumbaiMumbaiPGDM25,00,00019,00,000
78XLRI Xavier School of ManagementJamshedpurPGDM (Business Management)24,30,00025,80,000
86IIM IndoreIndorePGP23,60,00016,20,000
911MDI Gurgoan – Management Development InstituteGurugramPGDM22,00,00021,34,000
101IIM AhmedabadAhmedabadPGP22,82,00023,00,000

Which state is best for mba in India? 

MBA in India – Top 10 colleges in 2022.

Top MBA Colleges in India 2022IIM Bangalore. IIM Calcutta. India School of Business (ISB) IIM Lucknow. Faculty of Management Studies – Delhi University. SPJIMR Mumbai. XLRI Jamshedpur. IIM Indore. MDI – Gurgaon. IIM Ahmedabad. MBA as well as PGDM from the top business schools are programs which have the best ROI when we think about professional education all over the world. Achieving the MBA degree from an elite business school is the dream of each student.

IIM Ahmedabad, IIM-Bangalore, IIM Calcutta are ranked among the top three MBA schools in India according to a variety of factors in almost all rankings, but the cost structure of these top MBA schools are extremely extravagant, almost 23 lakhs for the program. However, the FMS (Faculty of Management Studies DU) is among the best MBA schools in India with a fee structures as little as. 200k with a higher ROI than many of the IIMs.

Best MBA Colleges in India without CAT

There are however a few top MBA schools in India that accept applicants regardless of whether they’ve attended the CAT exam or not. Here’s the list of the most prestigious MBA institutions in India which do not accept the score of the CAT:

XLRI, Jamshedpur

XLRI provides Post Graduate Diploma in Management in fields such as Business Human Resource and General Management. XLRI examines applicants based by Xavier Aptitude Test (XAT) scores. Candidates are also required to write an essay in 20 minutes after having completed the aptitude test. If they are chosen based on their XAT scores they must appear for the exam in either PI or GD, or both, based on the PGDM area they been selected for.

NMIMS

Narsee Monjee Institute of Management Studies is among the most prestigious MBA universities in India. It provides MBA with specializations in Pharmaceutical Management, Capital Market, Banking, Human Resource and more. In order to be accepted into NMIMS applicants must pass the NMAT. Candidates can also attempt NMAT three times to boost their scores. NMAT doesn’t include negative checking. The merit list for the last time is reviewed with regard to what is the NMAT score, written test scores (as material) Personal Interview, Group Discussion (as appropriate), Presentation (as necessary) and work experience.

Symbiosis International University

Symbiosis International University has 11 schools that are spread across Pune, Bengaluru, Nashik, Hyderabad and Noida. The schools offer MBA programs that focus on Marketing, Human resources, Finance and Operations. In order to be admitted admission into Symbiosis universities, applicants must take the SNAP Exam. After applicants are selected by their SNAP score they are required to appear for GD and PI.

MICA, Ahmedabad

Mudra Institute of Communication, Ahmedabad provides PGDM in Communications and the Fellows Program for Management Communications, and a variety of different Post Certificate programs. Candidates who want to gain admission into MICA must pass either CATGMAT, or XAT in addition to MICAT. MICAT is a test for students who are in areas such as Divergent Thinking Abilities and Written Communication Abilities and general Awareness regarding current business and social issues and areas that relate to the media, promotion or promoting current projects as well as the Analytical as well as Verbal Abilities.

IIFT

IIFT was established by The Government of India in 1963. It is among the top MBA institutions in India and has a leading course for International Business. IIFT operates its offices located in Delhi in addition to Kolkata. It provides the MBA training course that focuses on International Business. The test has an amazing General Knowledge area, which has about 26 questions. After passing the IIFT test, students are selected to write an exposition based on which they have been shortlisted in the GD and PI areas. GD and for PI.

Frequently Asked Questions about Top MBA Colleges In India State Wise

1. Which is the top MBA college in India?

Ans. 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.

2. How can I decide which is the best college for MBA?

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

3. Which is the No. 1 MBA Colleges 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.

Top 10 MBA colleges in India as per NIRF 2021.

Name of the CollegeNIRF Ranking 2021NIRF Score 2021
IIM Ahmedabad183.69
IIM Bangalore283.48
IIM Calcutta380.04
IIM Kozhikode473.34

4. Which MBA college has best placement?

Ans. Top MBA Colleges in India According to the Placements

#RankName of the CollegeHighest Salary
1IIM AhmedabadINR 39.81 Lakhs
2IIM BangaloreINR 01.00 Crore
3IIM CalcuttaINR 75.00 Lakhs
4FMS DelhiINR 20.10 Lakhs

5. Where is the best business school in India?

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

Cluster RankBusiness SchoolCity
1Indian Institute of ManagementBangalore
2Faculty of Management Studies, University of DelhiDelhi
Indian School of Business (ISB)Hyderabad
IIFTNew Delhi

6. Which is the No 1 MBA college in India?

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

7. Which institute is best for MBA in India?

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

8. Which is the cheapest IIM in India?

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

9. Is IIM better or ISB? 

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

10. Which ranking is best for MBA?

Ans. Rankings Full-time MBA Ranking 2021

RankBusiness SchoolBand Overall
1IESE Business SchoolA
2HEC Paris Business SchoolA
3University of Michigan - Stephen M. Ross School of BusinessA
4New York University - Leonard N Stern School of BusinessA

11. Why IIM fees is so high?

Ans. Although IIMs are government institute, most IIMs are self reliant and do no depend on government for funding. Hence to attract quality professors they need to charge higher fee

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