Top Private MBA Colleges In India

Formfees provides rankings of all Top Private MBA Colleges In India and categorizes them accordingly, including Top Private Engineering Colleges in India, Top 10 Private MBA Colleges In India, and Top 25 Private MBA Colleges In India, Outlook-ICARE India MBA Rankings 2023: India's Top Private MBA Colleges. 

Top private MBA Colleges in India: For students who have just finished their graduations it can be a great opportunity to study your journey by pursuing an MBA degree, as we know it is your gateway to a multitude of corporate job opportunities.The pursuit of a Master of Business Administration (MBA) degree has the potential to significantly improve one's employment opportunities especially when you do it from the Top Private MBA Colleges In India, regardless of their academic background in the Humanities, Business, or Science disciplines. 

The conventional Master of Business Administration (MBA) programme typically encompasses a duration of two years, which is further broken into four semesters. Furthermore, several privately-owned MBA institutions provide one-year Post Graduate Diploma in Management (PGDM) programmes.

A well-rounded MBA education from a top private college in India can unlock exciting career opportunities and equip you with the skills necessary to thrive in the dynamic business world.

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

Top Private MBA Colleges In India

The top private MBA colleges in India offer the best infrastructure and pedagogy, the latest MBA curriculum, popular and niche specializations, practical training, foreign exchange programs, and campus placements. Although the course fee of these MBA colleges is on the higher side, the return on investment (ROI) is good. 

There are over 2900 private MBA colleges in India. Some of them are well-reputed and ranked on par with the IIMs. The top private MBA colleges in India include XLRI Xavier School of Management (Jamshedpur), Management Development Institute (MDI Gurgaon), National Institute of Industrial Engineering (NITIE Mumbai), S.P. Jain Institute of Management and Research – SPJIMR (Mumbai), Symbiosis Institute of Business Management (SIBM Pune), Great Lakes Institute of Management (Chennai), NMIMS School of Business Management (Mumbai), ICFAI Business School – IBS (Hyderabad), T.A. Pai Management Institute – TAPMI (Manipal), International Management Institute (IMI Delhi), etc. Read below all about MBA rankings and the best private MBA colleges in India.

TOP Private MBA Colleges in India: Eligibility Criteria

The eligibility criteria for an MBA course is graduation, however, the minimum score requirement may vary for niche specializations.

Candidates must have passed graduation in any discipline or equivalent from a recognized university

Most of the institutes follow the minimum score criteria in graduation as per the AICTE i.e. 50 percent aggregate or equivalent and five percent relaxation to students belonging to reserved categories

Professional degree holders such as MBBS/CA/CS/ICWA, etc. are also eligible to pursue MBA

Top 10 Private MBA Colleges In India 

With management being one of the most popular fields in higher education in the country, a number of top private universities in India offer full-time MBA programmes. These schools are not only highly developed in terms of faculty, course curricula, facilities, and placements, but they are also globally acclaimed for delivering complete education that meets international academic and industrial standards. 

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

Top 10 Private MBA Colleges in India with NIRF Ranking 2023

As per the data provided by the NIRF we have listed the Top 10 Private MBA Colleges in India below. The framework annually collects data and then publishes the NIRF rankings on a yearly basis. The rankings and ratings are determined by evaluating five key factors, including the graduation rate, research and professional practices, teaching and learning resources, and the overall reputation of the school.

• Xavier School of Management (XLRI) dropped to #9 place in 2023, down from #8 places in 2022 as one of the Top private MBA Colleges in India.
• The Narsee Monjee Institute of Management Studies at SVKM increased its rating, moving up to number 21 in 2023 from number 25 in 2022

Among the top 10 private MBA colleges in India. The best private MBA colleges in India, according to NIRF 2023, are listed below:

Top private MBA Colleges in India	NIRF 2022	NIRF 2023
Xavier School of Management (XLRI)	8	9
Management Development Institute (MDI)	13	13
Symbiosis Institute of Business Management	17	17
S. P. Jain Institute of Management & Research	21	20
SVKM`s Narsee Monjee Institute of Management Studies	25	21
Amity University	28	28
International Management Institute, New Delhi	30	34
Great Lakes Institute of Management	31	31
ICFAI Foundation for Higher Education, Hyderabad	32	40
Lovely Professional University (LPU)	34	32

Top Private MBA Colleges in India 2023: NIRF Ranking, Cutoff Percentile, Course Fees (in INR), Entrance Exams Accepted

Following is a list of the best MBA private colleges in India that are well-known for their academic excellence, faculty, training, placement opportunities, and more.

Name of the Institute	NIRF Ranking	Cutoff Percentile	Course Fees (in INR)	Entrance Exams Accepted
Management Development Institute (MDI), Gurgaon	13	94.93 (CAT)	13,41,000 - 24,16,800	GMAT, XAT
Symbiosis Institute of Business Management, Pune	17	98.5 (SNAP)	15,90,000 - 22,20,000	SNAP
S.P. Jain Institute of Management & Research, Mumbai	20	92	9,50,000 - 22,10,000	CAT
SVKM's Narsee Monjee Institute of Management Studies, Mumbai	21	220 (NMAT Score)	3,27,000 - 44,00,000	NMAT, NMIMS CET, NMIMS - NPAT
Amity University, Noida	28	140 (NMAT score)	4,86,000 - 25,85,000	MAT, XAT, CAT, NMAT, CMAT, CUET
Amrita Vishwa Vidyapeetham, Coimbatore	30	80 (MAT)	2,20,000 - 10,50,000	AMET, MAT, XAT, CAT, CMAT, KMAT, APICET
Great Lakes Institute of Management, Chennai	31	80 (CAT)	21,25,000	XAT, CMAT, MAT, GMAT
Lovely Professional University, Punjab	32	70 (CAT)	1,56,000 - 9,60,000	LPU NEST, MAT, XAT, CAT, NMAT, CMAT, CUET
Goa Institute of Management	33	85-95	18,31,000	XAT, CMAT, NMAT, MAT, GMAT
International Management Institute, Delhi	34	87 - 90	7,62,000 - 20,04,000	CAT, XAT, GMAT
Chandigarh University	36	-	1,25,000 - 1,45,500	CUCET
MICA Ahmedabad	37	80	21,00,000	XAT, GMAT, MAT, MICAT
Institute of Management Technology, Ghaziabad	38	90	17,35,000 - 31,40,000	CAT, XAT
UPES Dehradun	39	70 (MAT)	1,50,000 - 15,72,000	UPESMET, CAT, MAT, XAT, CUET-PG
ICFAI Foundation for Higher Education, Hyderabad	40	85 (CAT)	1,80,000 - 16,02,000	CAT, NMAT, IBSAT
T A Pai Management Institute, Manipal	42	85	16,50,000	XAT, IPMAT, JIPMAT, NMAT, CMAT, CLAT, MET
K J Somaiya Institute of Management	45	83	19,95,000	XAT, GMAT, CMAT, NMAT
XIM University, Bhubaneswar	46	91 (CAT)	12,20,000 - 18,30,000	XAT, CAT, X-GMT, NMAT, OJEE
Birla Institute of Management Technology, Greater Noida	48	72.5	11,00,000 - 13,00,000	XAT, GMAT, CMAT, MA

Outlook-ICARE India MBA Rankings 2023: Top 50 B-Schools in India

Outlook-ICARE India MBA Rankings 2023: XLRI-Xavier School of Management, Jamshedpur tops the list of India's top private MBA Institutions, followed by Management Development Institute, Gurgaon and Great Lakes Institute of Management, Chennai. 

Based on statistical data, it can be seen that XLRI-Xavier School of Management, located in Jamshedpur, holds the position of the Top private MBA College in India. Following XLRI, the Management Development Institute in Gurgaon and the Great Lakes Institute of Management in Chennai are ranked as the subsequent top private MBA institutions in the country. Please refer to the comprehensive compilation of rankings for top business schools in 2023.

Please refer to the comprehensive list of Top private MBA Colleges in India provided below:

Outlook-ICARE India MBA Rankings 2023 Particulars	Top private MBA Colleges in India data
RANK	1
INSTITUTION	XLRI-XAVIER SCHOOL OF MANAGEMENT, JAMSHEDPUR
STATE	JHARKHAND
FACULTY STUDENT RATIO Weightage - 25%	98.64
RESEARCH Weightage - 20%	78.87
EMPLOYABILITY Weightage - 25%	100
FACULTY QUALITY Weightage - 20%	94.71
INCLUSIVENESS & DIVERSITY Weightage - 10%	96.33
OVERALL SCORE	94.01
RANK	2
INSTITUTION	MANAGEMENT DEVELOPMENT INSTITUTE, GURGAON
STATE	HARYANA
FACULTY STUDENT RATIO Weightage - 25%	97.33
RESEARCH Weightage - 20%	67.27
EMPLOYABILITY Weightage - 25%	100
FACULTY QUALITY Weightage - 20%	92.89
INCLUSIVENESS & DIVERSITY Weightage - 10%	96.63
OVERALL SCORE	91.03
RANK	3
INSTITUTION	GREAT LAKES INSTITUTE OF MANAGEMENT, CHENNAI
STATE	TAMIL NADU
FACULTY STUDENT RATIO Weightage - 25%	98.07
RESEARCH Weightage - 20%	68.77
EMPLOYABILITY Weightage - 25%	97.28
FACULTY QUALITY Weightage - 20%	93.49
INCLUSIVENESS & DIVERSITY Weightage - 10%	96.22
OVERALL SCORE	90.91
RANK	4
INSTITUTION	TA PAI MANAGEMENT INSTITUTE, MANIPAL
STATE	KARNATAKA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	73.13
EMPLOYABILITY Weightage - 25%	92.05
FACULTY QUALITY Weightage - 20%	92.69
INCLUSIVENESS & DIVERSITY Weightage - 10%	92.63
OVERALL SCORE	90.44
RANK	5
INSTITUTION	XAVIER INSTITUTE OF MANAGEMENT, XIM UNIVERSITY, BHUBANESWAR
STATE	ODISHA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	70.21
EMPLOYABILITY Weightage - 25%	94.88
FACULTY QUALITY Weightage - 20%	90.02
INCLUSIVENESS & DIVERSITY Weightage - 10%	93.55
OVERALL SCORE	90.12
RANK	6
INSTITUTION	SYMBIOSIS INSTITUTE OF BUSINESS MANAGEMENT, PUNE
STATE	MAHARASHTRA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	68.23
EMPLOYABILITY Weightage - 25%	97.13
FACULTY QUALITY Weightage - 20%	89.65
INCLUSIVENESS & DIVERSITY Weightage - 10%	82.24
OVERALL SCORE	89.08
RANK	7
INSTITUTION	LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION, CHENNAI
STATE	TAMIL NADU
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	66.44
EMPLOYABILITY Weightage - 25%	93.27
FACULTY QUALITY Weightage - 20%	95.61
INCLUSIVENESS & DIVERSITY Weightage - 10%	80.08
OVERALL SCORE	88.74
RANK	8
INSTITUTION	AMITY BUSINESS SCHOOL, AMITY UNIVERSITY, NOIDA
STATE	UTTAR PRADESH
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	63.37
EMPLOYABILITY Weightage - 25%	96.42
FACULTY QUALITY Weightage - 20%	92.15
INCLUSIVENESS & DIVERSITY Weightage - 10%	82.46
OVERALL SCORE	88.46
RANK	9
INSTITUTION	KALINGA INSTITUTE OF INDUSTRIAL TECHNOLOGY, BHUBANESWAR
STATE	ODISHA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	61.55
EMPLOYABILITY Weightage - 25%	97.89
FACULTY QUALITY Weightage - 20%	88.9
INCLUSIVENESS & DIVERSITY Weightage - 10%	70.94
OVERALL SCORE	86.66
RANK	10
INSTITUTION	UNIVERSITY SCHOOL OF BUSINESS, CHANDIGARH UNIVERSITY, MOHALI
STATE	PUNJAB
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	57.45
EMPLOYABILITY Weightage - 25%	95.06
FACULTY QUALITY Weightage - 20%	92.67
INCLUSIVENESS & DIVERSITY Weightage - 10%	64.58
OVERALL SCORE	85.25
RANK	11
INSTITUTION	GOA INSTITUTE OF MANAGEMENT, SATTARI
STATE	GOA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	56.99
EMPLOYABILITY Weightage - 25%	94.4
FACULTY QUALITY Weightage - 20%	90.52
INCLUSIVENESS & DIVERSITY Weightage - 10%	70.42
OVERALL SCORE	85.14
RANK	12
INSTITUTION	INSTITUTE OF MANAGEMENT TECHNOLOGY, GHAZIABAD
STATE	UTTAR PRADESH
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	56.49
EMPLOYABILITY Weightage - 25%	90.6
FACULTY QUALITY Weightage - 20%	89.94
INCLUSIVENESS & DIVERSITY Weightage - 10%	72.4
OVERALL SCORE	84.18
RANK	13
INSTITUTION	IFIM COLLEGE, BENGALURU
STATE	KARNATAKA
FACULTY STUDENT RATIO Weightage - 25%	98.54
RESEARCH Weightage - 20%	51.93
EMPLOYABILITY Weightage - 25%	86.82
FACULTY QUALITY Weightage - 20%	89.17
INCLUSIVENESS & DIVERSITY Weightage - 10%	70.95
OVERALL SCORE	81.66
RANK	14
INSTITUTION	LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT, NEW DELHI
STATE	DELHI
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	48.16
EMPLOYABILITY Weightage - 25%	92.19
FACULTY QUALITY Weightage - 20%	88.84
INCLUSIVENESS & DIVERSITY Weightage - 10%	51.78
OVERALL SCORE	80.63
RANK	15
INSTITUTION	SYMBIOSIS CENTER FOR MANAGEMENT & HUMAN RESOURCE DEVELOPMENT, PUNE
STATE	MAHARASHTRA
FACULTY STUDENT RATIO Weightage - 25%	99.56
RESEARCH Weightage - 20%	50.81
EMPLOYABILITY Weightage - 25%	86.08
FACULTY QUALITY Weightage - 20%	89.9
INCLUSIVENESS & DIVERSITY Weightage - 10%	53.76
OVERALL SCORE	79.93
RANK	16
INSTITUTION	PRINCIPAL L. N. WELINGKAR INSTITUTE OF MANAGEMENT DEVELOPMENT & RESEARCH, MUMBAI
STATE	MAHARASHTRA
FACULTY STUDENT RATIO Weightage - 25%	99.85
RESEARCH Weightage - 20%	48.3
EMPLOYABILITY Weightage - 25%	86.18
FACULTY QUALITY Weightage - 20%	88.97
INCLUSIVENESS & DIVERSITY Weightage - 10%	58.62
OVERALL SCORE	79.82
RANK	17
INSTITUTION	INSTITUTE OF RURAL MANAGEMENT, ANAND
STATE	GUJARAT
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	72.39
EMPLOYABILITY Weightage - 25%	85.47
FACULTY QUALITY Weightage - 20%	65.49
INCLUSIVENESS & DIVERSITY Weightage - 10%	56.74
OVERALL SCORE	79.62
RANK	18
INSTITUTION	PANDIT DEENDAYAL PETROLEUM UNIVERSITY, AHMEDABAD
STATE	GUJARAT
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	52.67
EMPLOYABILITY Weightage - 25%	81.2
FACULTY QUALITY Weightage - 20%	86.96
INCLUSIVENESS & DIVERSITY Weightage - 10%	61.95
OVERALL SCORE	79.42
RANK	19
INSTITUTION	JSS ACADEMY OF HIGHER EDUCATION & RESEARCH, MYSORE
STATE	KARNATAKA
FACULTY STUDENT RATIO Weightage - 25%	99.65
RESEARCH Weightage - 20%	47.7
EMPLOYABILITY Weightage - 25%	88.76
FACULTY QUALITY Weightage - 20%	87.43
INCLUSIVENESS & DIVERSITY Weightage - 10%	49.89
OVERALL SCORE	79.12
RANK	20
INSTITUTION	SHRI DHARMASTHALA MANJUNATHESHWARA INSTITUTE FOR MANAGEMENT DEVELOPMENT (SDMIMD), MYSORE
STATE	KARNATAKA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	48.26
EMPLOYABILITY Weightage - 25%	84.27
FACULTY QUALITY Weightage - 20%	89.16
INCLUSIVENESS & DIVERSITY Weightage - 10%	51.48
OVERALL SCORE	78.7
RANK	21
INSTITUTION	CHITKARA BUSINESS SCHOOL, CHITKARA UNIVERSITY, RAJPURA
STATE	PUNJAB
FACULTY STUDENT RATIO Weightage - 25%	98.17
RESEARCH Weightage - 20%	43.28
EMPLOYABILITY Weightage - 25%	81.29
FACULTY QUALITY Weightage - 20%	92.97
INCLUSIVENESS & DIVERSITY Weightage - 10%	54.33
OVERALL SCORE	77.55
RANK	22
INSTITUTION	SRM INSTITUTE OF SCIENCE AND TECHNOLOGY, CHENNAI
STATE	TAMIL NADU
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	44.63
EMPLOYABILITY Weightage - 25%	79.66
FACULTY QUALITY Weightage - 20%	85.79
INCLUSIVENESS & DIVERSITY Weightage - 10%	42.84
OVERALL SCORE	75.28
RANK	23
INSTITUTION	JAGAN INSTITUTE OF MANAGEMENT STUDIES (JIMS), NEW DELHI
STATE	DELHI
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	42.19
EMPLOYABILITY Weightage - 25%	84.67
FACULTY QUALITY Weightage - 20%	85.61
INCLUSIVENESS & DIVERSITY Weightage - 10%	35
OVERALL SCORE	75.23
RANK	24
INSTITUTION	XAVIER INSTITUTE OF MANAGEMENT AND ENTREPRENEURSHIP (XIME), BENGALURU
STATE	KARNATAKA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	42.55
EMPLOYABILITY Weightage - 25%	83.11
FACULTY QUALITY Weightage - 20%	87.42
INCLUSIVENESS & DIVERSITY Weightage - 10%	32.23
OVERALL SCORE	74.99
RANK	25
INSTITUTION	N L DALMIA INSTITUTE OF MANAGEMENT STUDIES AND RESEARCH, MUMBAI
STATE	MAHARASHTRA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	41.39
EMPLOYABILITY Weightage - 25%	79.59
FACULTY QUALITY Weightage - 20%	82.1
INCLUSIVENESS & DIVERSITY Weightage - 10%	47.86
OVERALL SCORE	74.38
RANK	26
INSTITUTION	JSS CENTRE FOR MANAGEMENT STUDIES, MYSORE
STATE	KARNATAKA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	41.4
EMPLOYABILITY Weightage - 25%	81.51
FACULTY QUALITY Weightage - 20%	84.49
INCLUSIVENESS & DIVERSITY Weightage - 10%	37.48
OVERALL SCORE	74.3
RANK	27
INSTITUTION	INSTITUTE OF PUBLIC ENTERPRISE (IPE), HYDERABAD
STATE	TELANGANA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	41.06
EMPLOYABILITY Weightage - 25%	82.54
FACULTY QUALITY Weightage - 20%	86.69
INCLUSIVENESS & DIVERSITY Weightage - 10%	30.12
OVERALL SCORE	74.2
RANK	28
INSTITUTION	INDUS BUSINESS ACADEMY (IBA), BENGALURU
STATE	KARNATAKA
FACULTY STUDENT RATIO Weightage - 25%	98.13
RESEARCH Weightage - 20%	42.21
EMPLOYABILITY Weightage - 25%	81.54
FACULTY QUALITY Weightage - 20%	83.77
INCLUSIVENESS & DIVERSITY Weightage - 10%	33.28
OVERALL SCORE	73.44
RANK	29
INSTITUTION	GANPAT UNIVERSITY, MEHSANA
STATE	GUJARAT
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	36.34
EMPLOYABILITY Weightage - 25%	75.12
FACULTY QUALITY Weightage - 20%	85.01
INCLUSIVENESS & DIVERSITY Weightage - 10%	37.44
OVERALL SCORE	71.81
RANK	30
INSTITUTION	MANIPAL UNIVERSITY, JAIPUR
STATE	RAJASTHAN
FACULTY STUDENT RATIO Weightage - 25%	97.3
RESEARCH Weightage - 20%	44.17
EMPLOYABILITY Weightage - 25%	75.53
FACULTY QUALITY Weightage - 20%	84.3
INCLUSIVENESS & DIVERSITY Weightage - 10%	28.13
OVERALL SCORE	71.71
RANK	31
INSTITUTION	CENTURION UNIVERSITY OF TECHNOLOGY AND MANAGEMENT, BHUBANESWAR
STATE	ODISHA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	40.65
EMPLOYABILITY Weightage - 25%	76.67
FACULTY QUALITY Weightage - 20%	81.43
INCLUSIVENESS & DIVERSITY Weightage - 10%	27.23
OVERALL SCORE	71.36
RANK	32
INSTITUTION	CALCUTTA BUSINESS SCHOOL, KOLKATA
STATE	WEST BENGAL
FACULTY STUDENT RATIO Weightage - 25%	99.54
RESEARCH Weightage - 20%	35.96
EMPLOYABILITY Weightage - 25%	72.98
FACULTY QUALITY Weightage - 20%	85.66
INCLUSIVENESS & DIVERSITY Weightage - 10%	37.02
OVERALL SCORE	71.16
RANK	33
INSTITUTION	PARUL UNIVERSITY, VADODARA
STATE	GUJARAT
FACULTY STUDENT RATIO Weightage - 25%	98.33
RESEARCH Weightage - 20%	36.22
EMPLOYABILITY Weightage - 25%	76.32
FACULTY QUALITY Weightage - 20%	83.97
INCLUSIVENESS & DIVERSITY Weightage - 10%	33.01
OVERALL SCORE	70.98
RANK	34
INSTITUTION	VIGNANA JYOTHI INSTITUTE OF MANAGEMENT, HYDERABAD
STATE	TELANGANA
FACULTY STUDENT RATIO Weightage - 25%	99.64
RESEARCH Weightage - 20%	36.91
EMPLOYABILITY Weightage - 25%	72.66
FACULTY QUALITY Weightage - 20%	80.84
INCLUSIVENESS & DIVERSITY Weightage - 10%	35.27
OVERALL SCORE	70.15
RANK	35
INSTITUTION	JAGANNATH INTERNATIONAL MANAGEMENT SCHOOL, NEW DELHI
STATE	DELHI
FACULTY STUDENT RATIO Weightage - 25%	98
RESEARCH Weightage - 20%	36.97
EMPLOYABILITY Weightage - 25%	69.62
FACULTY QUALITY Weightage - 20%	84.95
INCLUSIVENESS & DIVERSITY Weightage - 10%	35.81
OVERALL SCORE	69.87
RANK	36
INSTITUTION	XAVIER INSTITUTE OF SOCIAL SERVICE, RANCHI
STATE	JHARKHAND
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	39.17
EMPLOYABILITY Weightage - 25%	69.03
FACULTY QUALITY Weightage - 20%	79.25
INCLUSIVENESS & DIVERSITY Weightage - 10%	37.42
OVERALL SCORE	69.68
RANK	37
INSTITUTION	SCMS COCHIN SCHOOL OF BUSINESS, KOCHI
STATE	KERALA
FACULTY STUDENT RATIO Weightage - 25%	98.65
RESEARCH Weightage - 20%	34.6
EMPLOYABILITY Weightage - 25%	67.72
FACULTY QUALITY Weightage - 20%	81.07
INCLUSIVENESS & DIVERSITY Weightage - 10%	36.21
OVERALL SCORE	68.35
RANK	38
INSTITUTION	PRESTIGE INSTITUTE OF MANAGEMENT AND RESEARCH, INDORE
STATE	MADHYA PRADESH
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	32.78
EMPLOYABILITY Weightage - 25%	71.68
FACULTY QUALITY Weightage - 20%	80.2
INCLUSIVENESS & DIVERSITY Weightage - 10%	25.61
OVERALL SCORE	68.08
RANK	39
INSTITUTION	SATHYABAMA INSTITUTE OF SCIENCE AND TECHNOLOGY, CHENNAI
STATE	TAMIL NADU
FACULTY STUDENT RATIO Weightage - 25%	96.2
RESEARCH Weightage - 20%	31.89
EMPLOYABILITY Weightage - 25%	69.38
FACULTY QUALITY Weightage - 20%	83.68
INCLUSIVENESS & DIVERSITY Weightage - 10%	24.12
OVERALL SCORE	66.92
RANK	40
INSTITUTION	MANAV RACHNA INTERNATIONAL INSTITUTE OF RESEARCH & STUDIES (FACULTY OF MANAGEMENT STUDIES), FARIDABAD
STATE	HARYANA
FACULTY STUDENT RATIO Weightage - 25%	95.59
RESEARCH Weightage - 20%	33.89
EMPLOYABILITY Weightage - 25%	67.43
FACULTY QUALITY Weightage - 20%	82.79
INCLUSIVENESS & DIVERSITY Weightage - 10%	27.75
OVERALL SCORE	66.87
RANK	41
INSTITUTION	SHANTI BUSINESS SCHOOL, AHMEDABAD
STATE	GUJARAT
FACULTY STUDENT RATIO Weightage - 25%	98.13
RESEARCH Weightage - 20%	32.25
EMPLOYABILITY Weightage - 25%	64.97
FACULTY QUALITY Weightage - 20%	80.96
INCLUSIVENESS & DIVERSITY Weightage - 10%	34.35
OVERALL SCORE	66.85
RANK	42
INSTITUTION	INSTITUTE OF MANAGEMENT STUDIES, GHAZIABAD
STATE	UTTAR PRADESH
FACULTY STUDENT RATIO Weightage - 25%	96.77
RESEARCH Weightage - 20%	30.19
EMPLOYABILITY Weightage - 25%	67.81
FACULTY QUALITY Weightage - 20%	81.83
INCLUSIVENESS & DIVERSITY Weightage - 10%	27.51
OVERALL SCORE	66.3
RANK	43
INSTITUTION	LEXICON MANAGEMENT INSTITUTE OF LEADERSHIP & EXCELLENCE, PUNE
STATE	MAHARASHTRA
FACULTY STUDENT RATIO Weightage - 25%	97.78
RESEARCH Weightage - 20%	29.21
EMPLOYABILITY Weightage - 25%	65.5
FACULTY QUALITY Weightage - 20%	80.72
INCLUSIVENESS & DIVERSITY Weightage - 10%	26.81
OVERALL SCORE	65.49
RANK	44
INSTITUTION	SISTER NIVEDITA UNIVERSITY, KOLKATA
STATE	WEST BENGAL
FACULTY STUDENT RATIO Weightage - 25%	98.17
RESEARCH Weightage - 20%	56.69
EMPLOYABILITY Weightage - 25%	22.66
FACULTY QUALITY Weightage - 20%	90.48
INCLUSIVENESS & DIVERSITY Weightage - 10%	56.64
OVERALL SCORE	65.31
RANK	45
INSTITUTION	SYMBIOSIS CENTER FOR INFORMATION TECHNOLOGY (SCIT), PUNE
STATE	MAHARASHTRA
FACULTY STUDENT RATIO Weightage - 25%	97.99
RESEARCH Weightage - 20%	29.29
EMPLOYABILITY Weightage - 25%	64.92
FACULTY QUALITY Weightage - 20%	79.88
INCLUSIVENESS & DIVERSITY Weightage - 10%	25.26
OVERALL SCORE	65.09
RANK	46
INSTITUTION	HINDUSTAN INSTITUTE OF TECHNOLOGY & SCIENCE, CHENNAI
STATE	TAMIL NADU
FACULTY STUDENT RATIO Weightage - 25%	99.31
RESEARCH Weightage - 20%	29.47
EMPLOYABILITY Weightage - 25%	64.9
FACULTY QUALITY Weightage - 20%	77.07
INCLUSIVENESS & DIVERSITY Weightage - 10%	25.87
OVERALL SCORE	64.95
RANK	47
INSTITUTION	LAL BAHADUR SHASTRI INSTITUTE OF TECHNOLOGY AND MANAGEMENT, INDORE
STATE	MADHYA PRADESH
FACULTY STUDENT RATIO Weightage - 25%	98.45
RESEARCH Weightage - 20%	27.44
EMPLOYABILITY Weightage - 25%	64.94
FACULTY QUALITY Weightage - 20%	80.71
INCLUSIVENESS & DIVERSITY Weightage - 10%	24.02
OVERALL SCORE	64.88
RANK	48
INSTITUTION	SYMBIOSIS INSTITUTE OF DIGITAL & TELECOM MANAGEMENT, PUNE
STATE	MAHARASHTRA
FACULTY STUDENT RATIO Weightage - 25%	98.29
RESEARCH Weightage - 20%	26.89
EMPLOYABILITY Weightage - 25%	65.69
FACULTY QUALITY Weightage - 20%	79.92
INCLUSIVENESS & DIVERSITY Weightage - 10%	23.98
OVERALL SCORE	64.76
RANK	49
INSTITUTION	SIVA SIVANI INSTITUTE OF MANAGEMENT, HYDERABAD
STATE	TELANGANA
FACULTY STUDENT RATIO Weightage - 25%	100
RESEARCH Weightage - 20%	55.24
EMPLOYABILITY Weightage - 25%	25.56
FACULTY QUALITY Weightage - 20%	93.2
INCLUSIVENESS & DIVERSITY Weightage - 10%	32.74
OVERALL SCORE	64.35
RANK	50
INSTITUTION	FACULTY OF MANAGEMENT STUDIES, INSTITUTE OF RURAL MANAGEMENT, JAIPUR
STATE	RAJASTHAN

Top 10 Private MBA Colleges in India

Apart from the top government institutions, such as IIMs, NITs, etc., there are many top private MBA colleges in India as well which provide high-quality MBA courses to aspiring students. The competition in these MBA colleges is very tough. Note, that due to the high reputation the best private MBA colleges have made for themselves, admission to these colleges is no less challenging. The best private MBA colleges in the country can be compiled in the list of the top 10 private MBA colleges in India presented here below. But before, let us clear away one more search query related to the top 10 private MBA colleges in India. Have a look below.

What makes the top 10 private MBA colleges in India different from the rest? The top 10 private MBA colleges in India set themselves apart from competing institutions in several ways. Here are some characteristics that distinguish them:

• Academic Excellence: These institutions have a history of providing high-quality instruction and upholding exacting academic standards. The best private MBA colleges in India frequently have well-known professors, cutting-edge teaching techniques, and a thorough curriculum that covers all facets of business management.
• Industry Interface: Bridging the chasm between academia and industry is a priority for the top 10 private MBA colleges in India. The best private MBA colleges in India forge close ties with illustrious businesses, sector titans, and trade associations. As a result, they can offer live projects, guest lectures, industry visits, internships, and other opportunities to expose students to the real world of business.
• Global Exposure: Many of India's best private MBA colleges participate in international exchange and collaboration programs with reputable universities abroad. They might provide chances for students to study abroad, take part in international gatherings, or undergo cross-cultural training. The student's understanding of global business dynamics is improved by their exposure to a global perspective, which also prepares them for careers abroad in these top private MBA colleges.
• Placement Rate: These colleges consistently have high placement rates, with many of their graduates receiving job offers from well-known businesses. The top 10 private MBA colleges in India frequently have specialized placement cells that actively interact with recruiters, plan placement activities, and give students career counseling and training to give them a competitive edge in the job market.
• Alumni Network and Industry Connections: The top 10 private MBA colleges in India have an extensive network of accomplished former students who have excelled in a variety of fields. This network frequently includes individuals who hold powerful positions outside of India. The colleges make use of this network to offer students mentoring, opportunities for networking, and connections to businesses that may lead to internships, job placements, and business ventures.
• Entrepreneurship Ecosystem: Some of the top private MBA colleges encourage their students to think like entrepreneurs. They might have initiatives that help aspiring entrepreneurs on their startup journeys, entrepreneurship cells, and incubation facilities. These organizations provide funding, networking, and mentoring opportunities to develop entrepreneurial talent.
• Overall Brand Value: Over the years, the top 10 private MBA colleges in India have developed a solid brand reputation. They are commended for their success in the classroom, connections in the industry, and distinguished alumni. The brand value connected to these institutions can increase graduates' employability and credibility.

Quick Question:-

Q. What is the number of the Top Private MBA Colleges in India in 2023?

Ans. There are 43 Top Private MBA Colleges in India in 2023.

Q. Do the Top Private MBA Colleges in India 2023 make up the NIRF list?

Ans. Yes, the Top Private MBA Colleges in India 2023 are well-known throughout the nation, and some of them are listed in the NIRF's list of the best MBA colleges in the nation.

Q. Which is the most liked course in the Top Private MBA Colleges in India 2023: a full-time MBA or a Part-time MBA?

Ans. The most well-liked educational option in the Top Private MBA Colleges in India 2023 is the full-time MBA. Theory classes, practical projects, student exchange programs, summer internships, and final placements are all included in a full-time MBA.

Q. What is the number of state-wise Top Private MBA Colleges in India in 2023?

Ans. The state-wise Top Private MBA Colleges in India 2023 are as follows:

• 7 in Maharashtra
• 6 in Tamil Nadu
• 5 in Uttar Pradesh
• 3 in Haryana
• 3 in Punjab

Here below is the list of the top 10 private MBA colleges in India along with their NIRF ranking given below. Kindly go through this list and choose the most suitable MBA college for a successful future ahead. For the top 10 private MBA colleges in India, check out this list below:

Name of the College	NIRF Ranking 2022
Xavier School of Management (XLRI)	8
Management Development Institute (MDI)	13
Symbiosis Institute of Business Management	17
S. P. Jain Institute of Management & Research	21
SVKM`s Narsee Monjee Institute of Management Studies	25
Amity University	28
International Management Institute, New Delhi	30
Great Lakes Institute of Management	31
ICFAI Foundation for Higher Education, Hyderabad	32
Lovely Professional University (LPU)	34

Please note, the list of the top 10 private MBA colleges in India keeps on revising on a yearly basis as per the survey by various agencies such as NIRF, etc. The list of top 10 private MBA colleges in India 2023 shall be released by NIRF by July 2023, so kindly stay in touch with the latest development on their official website for the same.

ROI of Top Private MBA Colleges in India

A major factor that contributes to an institute’s high rank is the Return on Investment or ROI. But what is ROI, ROI can be referred to as the balance or gap between the course fee and salary offered in the job secured on the basis of the course.

The ROI of top private MBA colleges in India is satisfactory which is why they find a place in all India rankings by agencies and business magazines. The best private MBA colleges in India with the average annual fee.

Top Private MBA Colleges in India	Average Annual Fee (in Rs)	Average Placement Package (in Rs)
NITIE Mumbai	11.43 Lakh	20.88 LPA
XLRI Xavier School of Management, Jamshedpur	23.60 Lakh	25.08 LPA
MDI Gurgaon	21.34 Lakh	23.15 LPA
IIFT Delhi	8.75 Lakh	21.08 LPA
SIBM Pune	10.20 Lakh	19.56 LPA
SPJIMR, Mumbai	17.87 Lakh	19.50 LPA
NMIMS School of Business Management, Mumbai	12.05 Lakh	17.79 LPA
TAPMI, Manipal	15.01 Lakh	11.50 LPA
Great Lakes Institute of Management, Chennai	11.81 Lakh	13.60 LPA
ICFAI Business School (IBS), Hyderabad	14.14 Lakh	7.88 LPA

Top Recruiters for MBA Graduates

MBA graduates from any domain are in high demand. All organizations (big or small, private or government) hire MBA degree holders in various capacities. Below is the list of a few top companies which visit the top private MBA colleges in India to recruit management graduates:

Top Private MBA Colleges in India	Top Recruiters
XLRI Xavier School of Management, Jamshedpur	Tata Projects, HR Consultancy, Schindler Elevators, EY, Genpact, Infosys, PricewaterhouseCoopers, Tata Consultancy Services, DIAGEO, Accenture, Addeco, Dr.Reddys Laboratories, Ameex Technologies, Cipla, Alten, Allianz Global Investors, McKinsey & Co., Boston Consulting Group, Accenture Strategy, etc.
MDI Gurgaon	Nestle, Coca-Cola, Airtel, Tata Consumer Products Ltd., ITC Ltd., Godrej Industries Ltd., JPMorgan Chase & Co., HSBC Bank, ICICI Bank, Bank of America, Axis Bank, Delhivery, Ninjacart, Uber, Amazon, PwC US Advisory, McKinsey Digital, Deloitte USI, Hinduja Group, etc.
NITIE Mumbai	Colgate-Palmolive, Johnson & Johnson, HUL, ITC, Diageo, P&G, Accenture Digital, Cognizant Business Consulting, E&Y, Deloitte India, KPMG, McKinsey, Asian Paints, Castrol, Maruti Suzuki, Coromandel, Crompton, Avery Dennison, etc.
SPJIMR, Mumbai	Alvarez & Marsal, The Bridgespan Group, Praxis Global Alliance, Accenture Strategy, Avalon Consulting, Bain & Company, Boston Consulting Group, Deloitte, Ernst & Young, GEP, IBM, KPMG, PwC, etc.
SIBM Pune	Wipro, Accenture, ICICI Bank, Capgemini, Cognizant, TCS, IBM, HCL Technologies, Amazon, Infosys, Genpact, HSBC, etc.
Great Lakes Institute of Management, Chennai	Accenture Strategy, Aditya Birla Capital, Dell, Deloitte, Decathlon, ITC Infotech, L&T Infotech, Magicbricks, Societe Generale, McKinsey, Crisil, Dell, Deloitte, KVB, JP Morgan, Ford, RBS, Cognizant, Infosys, ICICI, HSBC Technologies, etc.
NMIMS School of Business Management, Mumbai	Bosch, Reliance Industries, Agro Tech Foods, Bacardi, Whirlpool, Xiaomi, Aditya Birla Insurance Brokers, EY, HDFC Bank, J P Morgan, Aditya Birla Fashion & Retail, Axis My India, Birla Sun Life Insurance, Raymond, Cognizant Business Consulting, Mahindra Logistics, Maruti Suzuki, ICICI Bank, DHL Express, Essar, etc.
ICFAI Business School (IBS), Hyderabad	HDFC Bank, Tata Consultancy Services, ICICI Bank, Cognizant, HSBC, E&Y, Genpact, Wipro Limited, Deloitte, Accenture, IDFC Bank, Kotak Mahindra Bank, Amazon, etc.
IIFT Delhi	Bajaj Auto, Hero MotoCorp, Maruti Suzuki India Limited, TVS, Tata Steel, L&T, JSW & Metal Power, ITC, Pidilite, Dabur, Dell, Philips, Shell, TATA Sky, HT Media, Games 24x7, ABFRL , Goldman Sachs, HSBC, JPMC, Yes Bank, Citi Bank, ICICI Bank, DE Shaw, etc.
TAPMI, Manipal	Infosys, Tata Consultancy Services, ICICI Bank, Deloitte, Mu Sigma Business Solutions, E&Y, Raam Group, KPMG, Wipro Technologies, MakeMyTrip, Capgemini, Brillio Technologies, etc.

Job Roles Offered After Completing MBA?

With the growing demand for MBA, students can bag excellent opportunities in both the public and private sectors. MBA graduates can start their own businesses or work as an entrepreneur to implement their learning in the real world or start a school/ institution. Those seeking job opportunities can be recruited under the profiles listed below:

• Operations Manager
• Product Manager
• Finance Manager
• Sales Manager
• Marketing Manager
• Human Resources Manager
• Data Analytics Manager
• Digital Marketing Manager
• Advertising Sales Manager

What are the Study Options After the MBA?

Graduates from private MBA colleges can choose from multiple courses to pursue higher education or certification. The popular courses are given below:

• Certified Information Systems Auditor (CISA)
• Certification in Risk Management Assurance (CRMA)
• Certified in Production and Inventory Management (CPIM)
• Chartered Financial Analyst (CFA)
• Financial Risk Manager (FRM) Exam
• Project Management Professional (PMP)
• Second MBA from an international business school

How Affordable is Studying in a Top Private MBA College in India?

Based on the below pie chart, it can be estimated that pursuing MBA in a top private college is expensive as around 86 percent of top private MBA colleges in India have fees of above Rs 5 lakh. About nine percent of top private MBA colleges in India have course fees in the range of Rs 3 to 5 lakh. About two percent of the best private MBA colleges in India have course fees in the range of Rs 2 to 3 lakh and about three percent top private MBA colleges in India have course fees under Rs 1 lakh.

Refer to the infographics below for an overview of the course fee of the best private MBA colleges in India.

Reviews 

MBA is one of the most popular postgraduate programs in India. The two-year program is a gateway to multiple managerial-level job opportunities such as Finance Manager, Sales Manager, Marketing Manager, etc. This course curriculum is designed to impart knowledge related to the operations of a business and managing the business operations. 

Conclusion 

90 percent of the MBA colleges in India are run as private colleges while seven percent are run by the Government.

Frequently Asked Questions about Top Private MBA Colleges In India

Q. Is LNCT Good for an MBA? 

Ans. Best MBA College in Bhopal. LNCT MBA seeks to be a contextually-relevant business school with world-class academic standards that develop socially. Master of Business Administration MBA is one of the most popular post-graduate programs in India.

Q. What is there in the MBA course? 

Ans. The MBA course is an academic program oriented toward management and marketing. It includes subjects such as Organisational Behaviour, Marketing, Principles of Management, Supply Chain Management, Operations Management, etc.

Q. What is the average package at LNCT Bhopal? 

Ans. The highest package is 19 lakh and the average package is 4.5 lakh. The college will also provide internships to the students.

Q. Is MBA hard to study? 

Ans. MBA is not difficult for an average student but it may vary. Studying MBA pushes a person out of their comfort zone and adapts themselves to International Business trends, Application of new management tools and techniques, and prepares them to survive the rapidly changing business environment.

Q. Is MBA done after the 12th? 

Ans. No, you can’t do an MBA after the 12th as it’s a master’s degree and before the master’s one needs to have a bachelor’s degree. 

Q. Which MBA is best for becoming a CEO?

Ans.  A general MBA from a top business school is a good path to take for aspiring CEOs. However, if you already have a well-rounded business education, earning an MBA in finance or another relevant discipline could also be an effective approach.

Q. What are the factors that are considered when it comes to ranking an MBA college in India?

Ans. The factors that are considered when ranking MBA colleges in India include:

1. Reputation: The college's reputation is significant since it will give you an indication of the level of education and placement prospects that you will have.
2. Curriculum:The curriculum should be current with business trends and offer you with the abilities you need to excel in the field.
3. professors: The professors should have commercial experience and be well-qualified. They should also be able to provide you with significant insights and advice.
4. Placements: The college's placement record should be solid, with alumni finding positions at leading organizations in India and internationally.
5. Fees/costs:You should be able to pay the college's costs.

Q. What are the top 10 private MBA Colleges in India?

Ans. The list of Top private MBA Colleges in India is given below: 

1. Xavier School of Management (XLRI)
2. Management Development Institute (MDI)
3. Symbiosis Institute of Business Management
4. S. P. Jain Institute of Management & Research
5. SVKM's Narsee Monjee Institute of Management Studies
6. Amity University
7. International Management Institute, New Delhi
8. Great Lakes Institute of Management
9. ICFAI Foundation for Higher Education, Hyderabad
10. Lovely Professional University (LPU)

Q. How can I get into a top MBA college in India?

Ans. You may improve your chances of admission to a top 50 MBA institution in India by doing the following:

• Get good grades
• Perform well on the entrance exams
• Have prior job experience:
• Obtain strong letters of recommendation.

Q. Which college is No. 1 MBA College in India?

Ans. The Indian Institute of Management Ahmedabad (IIM Ahmedabad) is India's top MBA institution. It is one of India's finest management colleges and has a high academic reputation. IIM Ahmedabad offers a full-time MBA programme, an Executive MBA programme, and a Doctorate in Management programme.

Q. Which college has the best MBA ranking?

Ans. According to the NIRF 2023 rankings, the top 5 MBA colleges in India are:

Name	City	State	Score	Rank
Indian Institute of Management Ahmedabad	Ahmedabad	Gujarat	83.20	1
Indian Institute of Management Bangalore	Bengaluru	Karnataka	80.89	2
Indian Institute of Management Kozhikode	Kozhikode	Kerala	76.48	3
Indian Institute of Management Calcutta	Kolkata	West Bengal	75.53	4
Indian Institute of Technology Delhi	New Delhi	Delhi	74.14	5