Top Private MBA B-Schools in India: Fees, Admission & Placement

In case you are a recent graduate and looking to study further then you have come to the right website. In this article we have discussed the necessary details about Top Private MBA B schools in India along with other details. 

Lets start by understanding What MBA is? 

MBA is short-form of Master of Business Administration. It is considered as one of the most prestigious courses for Post graduation. The MBA holds massive value in today's business world. MBA programs are designed in a way that they will provide students with a comprehensive and advanced understanding of various aspects of business and management, providing them with complete knowledge and skills required to excel in leadership roles in various industries.

MBA syllabus is designed in a way that it covers all the subjects which include Finance, Marketing , Operations, Human Resources, Entrepreneurship, Strategy etc. These programs emphasise on both the aspect that is theoretical as well as practical. For reducing the gap between the classroom learning and real business world challenges case studies, group projects,and internships are provided.

MBA is also very famous for its ability of nurturing critical thinking, decision making, and problem solving in the candidate. It also helps in improving the communication, leadership qualities, and prepares candidates to tackle the real business world challenges.

Top 5 Private MBA B-Schools in India

1. Management Development institution is very famous and one of the most successful business school in India it was established in year 1973 and it creates name for itself because of the academic excellence shown in the field of management education MDI is situated in Gurgaon Haryana. It is very famous for its world-class learning experience.

MDI provide a wide range of management program which includes post graduate program in managing course graduate program in human resource management and post graduate program in international business and many more these programs are present in a way so that will learn all aspects and all the skills which have required in today's real business world.

The institution has a diverse faculties which are known for its academy and industry experience. The infrastructure of MBI is very modern. MDI has a good record of producing up-level managers and leaders who are working as an when known individuals in there respective companies.

CAT 94 Percentile

2. Symbiosis Institute of Business Management is a very famous institution of management education in India it is a part of Symbiosis International University. It was established in the year 1978. SIBM Pune is known for its strong academic programs which are world-class and provide and environment that helps in the holistic development of a student. Provide various programs like the masters of business administration program which is very famous in India and one of the best in SIBM Pune Pune. No not providing holistic learning experience with students and with the robust curriculum institution helps provide them with complete knowledge and skills required in the real business world.

SIBM Pune is not only known for its academics but also for its strong placement record the relation of the college with giant industries and leading companies helps their students to get good placements. SIBM except SNAP exam which is stand for symbiosis National aptitude test which is conducted three times in a year within a duration of a month. The valid scores of snap on the basis of which the admission process is conducted. The snap cut-off of symbiosis is 98.5% tile.

3. XLRI Xavier School of Management School of management located in Jamshedpur Jharkhand India it was established in year 1949. XLRI is known for its academic excellence and also known for providing top leaders or future leaders. It is ranked 9th in nirf ranking the institution is known for its various academy programs like 2 2-year postgraduate diploma in management and they also offers variety of management courses and executive education programs.

They are CAT cut off is 9296.

4. SPJIMR Mumbai: SP Jain Institute of Management and Research is a prestigious management Institute which is located in Mumbai. It was fo unded in year 1981, SPJIMR earned a good reputation for themselves by providing high quality m anagement education.

SPJIMR is also known for producing good quality leaders who will able to tackle all the challenges in real business world.

The Institute offers a wide range of programs which includes (PGDM)Post Graduate Diploma in Management and also got Executive Education courses.

SPJIMR is located in Mumbai the financial capital of India and there are many companies also. Because of this all the students of SPJIMR are able to get ample of opportunities for internships

5. Narsee Monjee Institute of Management Studies (NMIMS) School of Business Management: It was established in the year 1981. NMIMS has earned a reputation for itself by providing high-quality management education and nurturing future leaders who will be able to fight with business world challenges.

 NMIMS offers a wide range of courses which includes the MBA, MBA-HR, and specialized MBA program. NMIMS is known for its rigorous academic curriculum and experienced faculties. NMIMS is known for its regular academic excellence or subject which they provide for the excellence of their students.

 Management Studies is located in Mumbai because of that many opportunities for internships are available to the students of the college the students get help through Real world projects which are easily available because of the geographical location of the institute.

Top 20 MBA B-Schools in India

Rank *	Business Schools
1	Indian School of Business, Hyderabad
2	Xavier Labour Relations Institute (XLRI), Jamshedpur
3	Management Development Institute (MDI), Gurgaon
4	S P Jain Institute of Management And Research (SPJIMR), Mumbai
5	Symbiosis Centre For Management and Human Resource Development (SCMHRD), Pune
6	Mudra Insitute of Communications (MICA), Ahmedabad
7	Symbiosis Institute of Business Management, Pune
8	NMIMS School of Business Management, Mumbai
9	Instutite of Management Technology (IMT), Ghaziabad
10	International Management Institute (IMI), New Delhi
11	Xavier Institute of Management, Bhubaneswar
12	Goa Institute of Management (GIM), Goa
13	Great Lakes Institute of Management, Chennai
14	FORE School of Management, New Delhi
15	WOXSEN School of Business, Hyderabad
16	Management Development Institute (MDI), Murshidabad
17	Institute of Management Technology (IMT), Nagpur
18	International Management Institute (IMI), Kolkata
19	International Management Institute (IMI), Bhubaneswar
20	T.A.PAI Management Institute (TAPMI), Bengaluru

Admission To Top B-Schools in India

The admission process through the CAT

Maximum top private MBA colleges are accepting CAT as their entrance exam so let's understand why CAT is an important exam from the perspective of colleges.

CAT is a short form for the Common Admission Test, it is considered one of the most prestigious and competitive exams in India. It is conducted by IIM and accepted by many private institutions as well.

CAT is a computer-based exam that assesses candidates on the basis of their aptitude in verbal, quantitative, and data interpretation skills. This competitive exam does not just test the academic aspects of an individual but also checks the problem-solving abilities and decision-making skills that act as important factor in the real business world.

The examination is known for its very tough selection process, a candidate should not only know the answers but also need to solve the paper with accuracy and speed, because there is a time limit in which one needs to solve the paper.

Admission through Private College Exam

SNAP: Symbiosis National Aptitude Test (SNAP) is a national-level MBA entry test administered by Symbiosis International University (SIU) for entrance to management programmes provided by its associated institutes and many other private B-schools. SNAP is conducted once a year in December/January. Every year, more than 60,000 people apply for the Symbiosis National Aptitude Test.

XAT: The XLRI-Xavier School of Management offers the Xavier Aptitude Test, sometimes referred to as the XAT, as a national entrance test. A million students who want to participate in postgraduate management initiatives each year take the XAT to apply to the famed XLRI (full-form-Xavier Labour Relations Institute) business school.

GMAT: GMAT stands for Graduate Management Admission Test. The students considering admission to the MBA course take this test to analyse themselves according to the GMAT scores. Based on the skills, tests cleared, etc., the GMAT score provided to the student ranges between 200 to 800. The test is divided into several sections, and the student needs to have expertise in all sections because each one is compulsory to attempt. The Graduate Management Admission Test is an approximately 3 hours long, computer-based test for students seeking a scope in business administration.

Colleges accepting GMAT in INDIA

• ISB, Hyderabad & Mohali.
• IIM Ahmedabad | PGPX Program.
• IIM Calcutta | PGPEX Program.
• IIM Bangalore | ePGP Program.
• IIM Lucknow | IPMX Program.
• IIM Indore | EPGP Program ETC

NMAT: known as NMIMS (Narsee Monjee Institute of Management Studies) Management Aptitude Test,  is recognized by the Graduate Management Admission Council. Candidates who want to enroll for the NMAT test to be considered for admission to MBA or graduate management programs can do so online.

Fees Structure of Private B-Schools

Name Of The College/Institute	Location	Course Fees (Approx)
Xavier School of Management (XLRI)	Jamshedpur	Rs. 8,50,000 - Rs. 20,00,000
Indian School of Business (ISB)	Hyderabad	Rs. 30,41,000 - Rs. 47,55,000
S.P. Jain Institute of Management & Research (SPJIMR)	Mumbai	Rs. 7,50,000 - Rs. 19,60,000
Management Development Institute (MDI)	Gurgaon	Rs. 9,73,000-Rs.25,00,000
Institute of Management Technology (IMT)	Ghaziabad	Rs. 6,00,000 - Rs. 17,50,000
Narsee Monjee Institute of Management Studies (NMIMS)	Mumbai	Rs. 5,50,000 - Rs. 9,25,000
International Management Institute (IMI)	Delhi	Rs.11,00,000 - Rs. 16,49,000
T.A. Pai Management Institute (TAPMI)	Manipal	Rs.16,90,000
Institute of Rural Management (IRMA)	Jaipur	Rs. 10,10,000 - Rs. 11,60,000
FORE School of Management	Delhi	Rs. 13,00,000 - Rs. 14,98,000
Goa Institute of Management	Goa	Rs. 11,96,000 - Rs. 15,98,000
Great Lakes Institute of Management	Chennai	Rs. 16,65,000 - Rs. 18,94,000
Loyola Institute of Business Administration (LIBA)	Chennai	Rs. 6,01,000 - Rs. 12,70,970
Welingkar Institute of Management Development and Research	Mumbai	Rs. 11,00,000
Symbiosis Institute of Business Management	Pune	Rs. 6,10,000 - Rs. 17,06,000
Lal Bahadur Shastri Institute of Management	Delhi	Rs. 3,25,000 - Rs. 10,89,200
Jagan Institute of Management Studies	Delhi	Rs. 7,15,000
Symbiosis Institute of Management Studies (SIMS)	Pune	Rs. 4,06,000 - Rs. 13,97,050
ITM Business School	Navi Mumbai	Rs. 8,00,000 - Rs. 10,25,000
PSG Institute of Management	Coimbatore	Rs. 8,00,000 (approx.)

Placements of Top Private MBA B-Schools

College Name	Total Course Fee	Average Annual Package
Xavier School of Management (XLRI)	INR 27.40 lakh	INR 30 LPA
Management Development Institute (MDI)	INR 24.70 lakh	INR 26.70 LPA
Symbiosis Institute of Business Management	INR 22.20 lakh	INR 20.80 LPA
S. P. Jain Institute of Management & Research	INR 20.42 lakh	INR 30.10 LPA
SVKM's Narsee Monjee Institute of Management Studies	INR 22.90 lakh	INR 6.50 LPA
Amity University	INR 4.86 lakh	INR 5 LPA
International Management Institute, New Delhi	INR 18.17 lakh	INR 12.15 LPA
Great Lakes Institute of Management	INR 13.25 lakh	INR 11 LPA
Lovely Professional University (LPU)	INR 7.60 lakh	INR 6.15 LPA

Frequently Asked Questions about Top Private MBA B-Schools in India

Q. What is a B-School?

Ans. “B-Schools”  is a short form of Business School, which refers to schools that provide specialization in business subjects. These include both undergraduate colleges and graduate colleges. The best and most provided subject by all B-School is Master of Business Administration(MBA).

Q. Which private college has the best placement in an MBA?

Ans. The private colleges which have the best placement in MBA are:

• International Management Institute, New Delhi.
• Jagan Institute of Management, New Delhi.
• Lal Bahadur Shastri Institute of Management,
• Jamnalal Bajaj Institute of Management Studies, Mumbai.
• Symbiosis Institute of Business Management, Pune.

Q. Which is the number one private MBA college in India?

Ans. The number one private college is Xavier School of Management(XLRI) as per the ranking of NIRF 2023. There are many colleges that are well recognized like Symbiosis, MDI, XLRI, etc.

Q. Exam taken by private colleges for MBA?

Ans. According to AICTE, PGDM B-schools have the option to accept any of the 6 national tests: CAT, XAT, CMAT, MAT, ATMA, or GMAT. Many colleges that are not within the top 100 B-schools provide direct admission for MBA without the entrance exam for completion of the seat quota.

Q. What are the eligibility criteria for admission to top private MBA colleges in India?

Ans. The eligibility criteria for MBA courses may differ from one college to another. However, the essential MBA eligibility criteria are as follows:

• Candidates must have completed their graduation in any discipline or its equivalent from an accredited university.
• The majority of institutions adhere to the AICTE's minimum score requirements for graduation, which are 50 percent overall or equivalent and a 5 percent relaxation for students from reserved categories.
• Holders of professional degrees, such as MBBS, CA, CS, and ICWAI, among others, are also qualified to pursue MBA.

Q. Can I do an MBA from a private college?

Ans. India has a large number of private MBA colleges that offer specialized MBA and PGDM courses.

Q. Is it worth doing an MBA from a private college in India?

Ans. Yes, Private colleges give a better experience Knowledge, and skills.

Q. Which branch of MBA is good for salary?

Ans. Business Analytics is one of the top-most paying MBA specializations currently. An MBA in Business Analytics is all about systematic analysis of data to reach valid conclusions and decisions.

Q. Is there any other entrance exam apart from CAT, for MBA admission?

Ans. Yes, there are many exams like CMAT, SNAP, GMAT, ATMA, XAT, IIFT, and MAT. The exam syllabus of all MBA exams is the same with a little change in difficulty level and number of questions.

Q. Which stream of MBA has more scope in the future?

Ans. Finance Management is considered as top MBA specialization. Many candidates are pursuing for this. Finance Management as an Area of specialization helps individuals to learn all the important skills and knowledge required for managing business and its financial aspects.

Q. Why IIM Bangalore is famous?

Ans. Indian Institute of Management Bangalore. IIM Bangalore provides a wide network of corporate placement opportunities for its students.