Top Private MBA Colleges in India 2022

Top Private MBA Colleges in India 2022

Here is the list of Top Private MBA Colleges in India 2022– Top MBA Colleges in India 2022 and Best MBA Colleges in India includes Top 15 private colleges in India, Top private MBA Colleges in India with Low fees and Private MBA Colleges with Good Placements. MDI Gurgaon, XLRI Xavier School of Management (Jamshedpur), S.P. Jain Institute of Management and Research – SPJIMR (Mumbai), NMIMS School of Business Management (Mumbai), IBS Hyderabad, and more are the Top Private MBA Colleges in India 2022. There are number of Top Private MBA Colleges in India 2022, but SIBM Pune, NMIMS School of Business Management (Mumbai), MDI Gurgaon, SPJIMR, Mumbai , NITIE Mumbai, Great Lakes Institute of Management, Chennai, XLRI Xavier School of Management (Jamshedpur), ICFAI Business School (IBS), Hyderabad, IIFT Delhi, TAPMI, Manipal are Top 10 Private MBA Colleges in India.

FMS Delhi, IIFT Delhi, MDI Gurgaon, NITIE Mumbai and more are the Private MBA Colleges with Good Placements. SPJIMR, Mumbai, XLRI Xavier School of Management (Jamshedpur), FMS Delhi, are the Decent MBA Colleges in India. Top private MBA colleges in India rankings according to NIRF, MDI Gurgaon has ranked 10th, XLRI Xavier School of Management (Jamshedpur) ranking is 9th.  Top private MBA colleges in India with low fees are Christ University, Bangalore, bits pilani and more. Top private b-schools in India 2021

XLRI Xavier School of Management (Jamshedpur), MDI Gurgaon, SPJIMR, Mumbai  and so on. Tier 1 B-schools in Mumbai are XLRI Xavier School of Management (Jamshedpur), SIBM Pune, [JBIMS],Mumbai and more. There are some Best MBA colleges in India with fees such as NMIMS School of Business Management (Mumbai), MDI Gurgaon, SPJIMR, Mumbai , and more. Management Colleges in Delhi includes IMI Delhi, IIFT Delhi,  and Amity University Noida and more. BBA+MBA Colleges in India includes Lovely Professional University, [LPU] Jalandhar, IMS Unison University, [IUU] Dehradun, UPES, Dehradun and more.

Highlights: Top Private MBA Colleges in India 2022

Parameters	Particulars/ Statistics
No. of Private MBA Colleges in India	2960 (Approximately)
Fees	Annual Fee 5 lakh: 86%
Top Specialisations	Finance Sales & Marketing Human Resources Operations IT & Systems Business Analytics International Business Entrepreneurship
Admission Process	Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP
Top MBA Colleges in India	SPJIMR, XLRI, MDI, IMT, GIM Goa, IMI, GLIM SIBM, etc.

Top Private MBA Colleges in India 2022

There are total 2900 private MBA colleges in India. Top Private MBA Colleges in India 2022 are MDI Gurgaon, XLRI Xavier School of Management (Jamshedpur), S.P. Jain Institute of Management and Research – SPJIMR (Mumbai), NMIMS School of Business Management (Mumbai), IBS Hyderabad. The Top private MBA colleges in India 2022 provide the best infrastructure and pedagogy, as well as the most recent MBA curriculum, practical training,  popular and niche specialisations, foreign exchange programmes, and campus placements. Although the course fees at these MBA schools are on the higher side, the return on investment (ROI) is favourable. Here is the list of Top 10 Private MBA Colleges in India 2022 which is given below.

Name of the College	Average Annual Fee (in Rs)
NITIE Mumbai	11.43 Lakh
XLRI Xavier School of Management, Jamshedpur	23.60 Lakh
MDI Gurgaon	21.34 Lakh
IIFT Delhi	8.75 Lakh
SIBM Pune	10.20 Lakh
SPJIMR, Mumbai	17.87 Lakh
NMIMS School of Business Management, Mumbai	12.05 Lakh
TAPMI, Manipal	15.01 Lakh
Great Lakes Institute of Management, Chennai	11.81 Lakh
ICFAI Business School (IBS), Hyderabad	14.14 Lakh

Admission Process

The admission procedure for MBA in India differs by college, but the framework stays same. Students must first fill out an application for the college to which they wish to go, and then take a test in Mathematics, Logical Reasoning, and English.

The topmost students are invited for group discussion, extempore, personal interview, and aptitude test time after receiving their mark sheets. Each college has its own criteria for selecting students after these rounds. 

NIRF Ranking in India

The Government of India - NIRF (National Institutional Ranking Framework) gives rankings for Institutions based on their overall performance in that year under the Ministry of HRD. On September 9, 2021, the most recent NIRF Ranking was published online. The NIRF MBA Ranking 2021 was issued after evaluating higher educational establishments on a variety of criteria.

1. Graduation Outcome (GO)
2. Outreach and Inclusivity
3. Perception (PR)
4. Teaching, Learning and Resources (TLR)
5. Research, Professional Practice & Collaborative Performance (RPC)

Top Private MBA colleges in India Rankings

Top private MBA colleges in India rankings according to NIRF, MDI Gurgaon has ranked 10th, XLRI Xavier School of Management (Jamshedpur) ranking is 9th. The top 100 MBA colleges in India are ranked across the country based on a variety of criteria, including teaching, learning, and resources, graduation outcomes,  research and professional practises, outreach and inclusivity, and perception. Here is the list of Top Private MBA colleges in India Rankings which is given below.

College Name	NIRF’20 Ranking
XLRI Xavier School of Management, Jamshedpur	9
MDI Gurgaon	10
NITIE Mumbai	12
SPJIMR, Mumbai	18
SIBM Pune	22
Great Lakes Institute of Management, Chennai	23
NMIMS School of Business Management, Mumbai	24
ICFAI Business School (IBS), Hyderabad	25
IIFT Delhi	26
TAPMI, Manipal	27

Top Private MBA Colleges in India with Fees

Top Private MBA Colleges in India with Fees range between 1 lakhs to 5 lakhs. Top private MBA colleges in India with low fees are Christ University, Bangalore, bits pilani and more. Here is the list of Top Private MBA Colleges in India with Fees which is given below.

Name of the College	Fees
School of Business, University of Petroleum and Energy Studies, Dehradun	₹ 1,526,000
ITM Navi Mumbai	₹ 1,045,000
Great Lakes Institute of Management, Chennai	₹ 1,586,000
Christ University, Bangalore	₹ 775,000
SPJIMR, Mumbai	₹ 1,900,000
IBS Hyderabad	₹ 525,000
DBS dehradun	₹ 557,000

Private MBA colleges with Good Placements

FMS Delhi, IIFT Delhi, MDI Gurgaon, NITIE Mumbai and more are the Private MBA Colleges with Good Placements. Highest package and average was goods which Top Top Private MBA Colleges in India 2022 is mentioned below. Here is the list of Private MBA colleges with Good Placements which is given below.

Name of the College	Average Placement Package (in Rs)
NITIE Mumbai	20.88 LPA
XLRI Xavier School of Management, Jamshedpur	25.08 LPA
MDI Gurgaon	23.15 LPA
IIFT Delhi	21.08 LPA
SIBM Pune	19.56 LPA
SPJIMR, Mumbai	19.50 LPA
NMIMS School of Business Management, Mumbai	17.79 LPA
TAPMI, Manipal	11.50 LPA
Great Lakes Institute of Management, Chennai	13.60 LPA
ICFAI Business School (IBS), Hyderabad	7.88 LPA

Best MBA colleges in India with Fees

The top MBA colleges in India for MBA courses with annual fees ranging from INR 50,000 to INR 30 Lakhs. The average MBA fees in India’s top IIMs and top private MBA colleges range between INR 20 and 23 lakhs per year. The Best MBA colleges in India with fees are listed below.

College Names	MBA Fees
IIM Ahmedabad	INR 23,00,000
IIM Lucknow	INR 20,10,000
IIM Indore	INR 17,01,422
IIM Udaipur	INR 21,00,000
IIM Ranchi	INR 17,60,000
IIT Bombay	INR 1,00,000
IIT Madras	INR 4,10,000
IIT Kharagpur	INR 1,64,558
IIT Delhi	INR 10,24,000
IIT Roorkee	INR 4,28,000

Management Colleges in Delhi

Management Colleges in Delhi includes IMI Delhi, IIFT Delhi,  and Amity University Noida and more. More than 200 MBA colleges in Delhi, including many top MBA colleges in Delhi NCR, provide quality management education, making the entire Delhi National Capital Region a cherished dream of aspirants seeking management education from Delhi Management Institutes. In Delhi NCR, there are 52 government MBA colleges in Delhi and 475 private MBA colleges in Delhi. Here is the list of Management Colleges in Delhi along with their fees structure which is given below.

College/ University Name	Average Annual Fees
Department of Management Studies, Indian Institute of Technology Delhi - IIT Delhi - [DMS IITD]	INR 10,80,000 (Total Fees)
LBSIM - Lal Bahadur Shastri Institute of Management, New Delhi	INR 7,20,000
Birla Institute of Management Technology - [BIMTECH], Greater Noida	INR 12,00,000 (Total fees)
Faculty of Management Studies, Manav Rachna International Institute of Research and Studies, Faridabad	INR 96,000
JIMS Rohini, Sector-5 - Jagan Institute of Management Studies	INR 15,90,000 (Total Fees)
Management Development Institute, Gurugram	INR 9,43,000
Indian Institute of Foreign Trade - [IIFT], New Delhi	INR 9,39,000
IMI Delhi - International Management Institute, New Delhi	INR 9,11,850
IIM Rohtak - Indian Institute of Management	INR 8,35,000
Amity University, Noida	INR 6,08,000

BBA+MBA Colleges in India

BBA+MBA Colleges in India includes Lovely Professional University, [LPU] Jalandhar, IMS Unison University, [IUU] Dehradun, UPES, Dehradun and more. Here is the list of BBA+MBA Colleges in India which is given below.

Name of the College	Fees
UPES, Dehradun	Rs. 16.80 Lakh
Nirma Institute of Management, Ahmedabad	Rs. 10.06 Lakh
Lovely Professional University, [LPU] Jalandhar	Rs. 4.76 Lakh
Universal Business School, [UBS], Karjat (Mumbai)	Rs. 21.12 Lakh
IMS Unison University, [IUU] Dehradun	-

Top Private MBA colleges in India without Entrance Exam

Following the Top 100 B-schools, colleges offer direct MBA admission without an entrance exam to fill their seat quota. They advise students to take exams such as the MAT or ATMA to complete the process. Many MBA colleges, such as SOIL, offer PGP/PGDM programmes, and there is no national exam required for admission. MBA exams such as the MAT, CMAT, or ATMA are recommended because admission to B-schools ranked after the Top 50 is possible even at a low percentile. Here is the list of Top Private MBA colleges in India without Entrance Exam which is given below.

MBA College	Fees
School of Inspired Leadership – SOIL, Gurgaon	INR 12,50,000-16,50,000
Regenesys Institute of Management Mumbai	INR 16,00,000
Amity Global B-school School (Amity University) in Delhi NCR, Bangalore, Pune, Mumbai and many other locations	INR 3,75,000-7,00,000
CII School of Logistics, Amity University, Noida	INR 8,61,000
Birla Global University, Bhubaneswar	INR 7,50,000
UPES School of Business, UPES University, Dehradun	INR 13,34,000
O P Jindal Global University	INR 11,00,000
School of Management and Entrepreneurship, Shiv Nadar University, Greater Noida	INR 10,000,00
GIBS Bangalore	INR 5,50,000
IIBS Bangalore	INR 7,00,000

The top private MBA colleges in India offer best infrastructure and pedagogy, latest MBA curriculum, popular and niche specialisations, practical training, foreign exchange programs and campus placements. Although the course fee of these MBA colleges are 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 best private MBA colleges in India.

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 specialisations.

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

ROI of Top 10 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 organisations (big or small, private or government) hire MBA degree holders in various capacities. Below is the list of 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 24×7, 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.

People Also Asks

Q. Job Roles Offered After Completing MBA?

Ans. With the growing demand for MBA, students can bag excellent opportunities in both the public and private sectors. MBA graduates can start their own business 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

Q. What are the Study Options After MBA?

Ans. 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

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

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

Refer to the infographics below for an overview of course fee of the best 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 or 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 programme oriented towards 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 with 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 12th?

Ans. No, you can’t do an MBA after 12th as it’s a master’s degree and before 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.

Reviews

MBA is one of the most popular postgraduate programmes in India. The two-year programme 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 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 per cent are run by the Government.

Frequently Asked Questions

Q. Which are the top private MBA colleges in India?

Ans. MDI Gurgaon, XLRI Xavier School of Management (Jamshedpur), S.P. Jain Institute of Management and Research – SPJIMR (Mumbai), NMIMS School of Business Management (Mumbai), IBS Hyderabad, and more are the Top Private MBA Colleges in India 2022.

Q. Which private MBA college has best placement?

Ans. FMS Delhi, IIFT Delhi, MDI Gurgaon, NITIE Mumbai and more are the Private MBA Colleges with Good Palcements.

Q. What is the fees of XLRI Jamshedpur?

Ans. Fees of XLRI Jamshedpur are Rs. 23.60 lakh. Top Private MBA Colleges in India with Fees range between 1 lakhs to 5 lakhs.

Q. Which is the No 1 MBA colleges in India?

Ans. IIM Ahmedabad tops the list of India’s top MBA colleges, followed by IIM Bangalore, IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the three mentioned above, as well as IIM Kozhikode, IITs such as IIT Delhi, and XLRI MDI Gurgaon, to name a few.

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