Top MBA Institutes in India - As per NIRF ranking 2023, the Top MBA Institutes in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, etc. Here’s the list of Top MBA Institutes in India 2023.
There are many students looking for a List of Top MBA Institutes in India to study from, and we're here to help them make the right choice and help them find the best MBA colleges in India. You will find the Top 10 MBA Colleges in India 2023-24 as well as the Top 50 Management Colleges below in this article.
These MBA Institutes in India are some of the best due to factors including placement opportunities, infrastructure, facilities, world-class Facilities, etc. Below is a list, most of which are privately owned or public/governmental organizations, and a few of which are public-private ventures. And to get into such Top MBA Institutes in India there are some protocols that need to be followed such as the entrance exams, some of them are CAT, XAT, and CMAT exams.
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, etc., are among the best MBA colleges in India according to NIRF ranking 2023. Top recruiters for MBA are Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, Accenture, etc.
Here are the Top MBA Institutes in India ranked by the NIRF which falls under the category of - Management Ranking 2023:
The Ministry of Education launched the National Institutional Ranking Framework, NIRF Rankings 2023 on June 05. There were a total of 13 categories for which the NIRF rankings were released by Dr. Rajkumar Ranjan Singh, Minister of State for Education and External Affairs during a press conference.
The NIRF Ranking 2023 (Management) is once again ruled by the Indian Institute of Management, IIM Ahmedabad with a score of 83.20. IIM-Bangalore and IIM-Kozhikode have secured the second and third spots respectively.
Direct Link: NIRF Management Ranking 2023
Top MBA Colleges in India Placement-wise - For any student studying at some of these Top MBA Institutes in India is a dream, Students from all over India prepare for the Entrance Exams for years and years just to get hold of the admissions. The list of esteemed MBA Institutes in India includes not just the 20 Indian Universities of Management (IIMs), but also many other famous management schools such as FMS Delhi, the MBA departments of IITs, JBIMS Mumbai, NMIMS Mumbai, and private universities like XLRI Jamshedpur, MDI Gurgaon, and SPJIMR Mumbai, among others.
There are other things to look into besides Ranking - Undoubtedly, the ranking of a business school is a crucial factor in the selection process. However, it should be noted that the highest rankings are not exclusive to the best MBA institutions. Other factors, such as Return on Investment (RoI), which encompasses the comparison between the programme fee and the placement, have significant importance. In addition to alumni, factors like learning experience, faculty-student ratio, heritage, and infrastructure also play a significant role. The selection of a reputable business school is contingent upon a variety of factors.
A moderate fee structure with a good placement that can assure you about your career prospects is what you might be looking for. So, it will be better to compare the fee structures of different B-schools and the benefits of learning arising out of it before finalizing your MBA admission decision.
IIM Ahmedabad, Bangalore, and Calcutta are ranked among the best MBA colleges in India on various parameters in almost all the rankings, however, their fee structure is very high and runs above 23 lakhs. On the other hand, the Faculty of Management Studies, Delhi University (FMS Delhi) is one of the top MBA colleges in India with a Fee structure as low as Rs. 25,000 per semester and a total fee of less than Rs.2 lakhs. It is preferred to many IIMs as it has high RoI with high average placement compatible with top IIMs.
Top MBA Institutes in India Placement opportunities - It is recommended to evaluate the historical average placement records of the business school before reaching a conclusion.
To ascertain the return on investment (RoI) and evaluate the viability of a significant investment in an MBA program, it is important to consider the following inquiries for the Top MBA Colleges in India Placement-wise -.
The classification of typical locations may be segmented into three discrete categories. Renowned business schools, such as the well-established Indian Institutes of Management (IIMs), are well-recognized for their outstanding track records in terms of student placements.
Likewise, renowned establishments such as the Indian Institutes of Technology (IITs) and T. A. Pai Management Institute (TAPMI) are acknowledged for their notable percentages of successful job placements. In contrast, it is widely acknowledged that business schools such as Birla Institute of Management Technology (BIMTECH), Loyola Institute of Business Administration (LIBA), and Jaipuria Institute of Management exhibit very modest levels of success in terms of placement results.
These data points are from the website itself, please contact us for more details on the Average Salary in Placements 2023, and for the comparison we have listed the Top MBA Institutes in India's Average Salary in 2022 and compared it with Average Salary 2023
S. No. | Top MBA College By Average Salary | MBA Average Salary 2022 | MBA Average Salary 2023 |
---|---|---|---|
1 | IIM Bangalore | Rs. 33.82 LPA | Rs. 35.31 LPA |
2 | IIM Calcutta | Rs. 34.20 LPA | Rs. 35.07 LPA |
3 | FMS Delhi | Rs. 32.40 LPA | Rs. 34.10 LPA |
4 | ISB Hyderabad | Rs. 34.08 LPA | Rs. 34.21 LPA |
5 | IIM Ahmedabad | Rs. 32.80 LPA | Awaited |
6 | SPJIMR Mumbai | Rs. 32.05 LPA | Rs. 33.02 LPA |
7 | XLRI Jamshedpur | Rs.30.07 LPA | Rs. 32.70 LPA |
8 | IIM Lucknow | Rs. 31.03 LPA | Rs. 32.20 LPA |
9 | IIM Kozhikode | Rs. 29.50 LPA | Rs. 31.02 LPA |
10 | IIM Indore | Rs. 25.01 LPA | Rs. 30.21 LPA |
11 | IIFT Delhi & Kolkata | Rs. 25.16 LPA | Rs. 29.10 LPA |
12 | SJMSoM IIT Bombay | Rs. 25.93 LPA | Rs. 28.88 LPA |
13 | JBIMS Mumbai | Rs. 27.63 LPA | Rs. 28.02 LPA |
14 | MDI Gurgaon | Rs. 26.65 LPA | Rs. 27.67 LPA |
15 | TISS Mumbai | Rs. 23.97 LPA | Rs. 27.22 LPA |
16 | IIM Shillong | Rs. 23.10 LPA | Rs. 26.96 LPA |
17 | SIBM Pune | Rs.23.06 LPA | Rs. 26.77 LPA |
18 | NMIMS Mumbai | Rs. 23.07 LPA | Rs. 26.63 LPA |
19 | DMS IIT Delhi | Rs. 21.90 LPA | Rs. 25.82 LPA |
Ans. IIM Ahmedabad is ranked 1st by NIRF Ranking 2022 with a NIRF score of 83.35 and is the top government Management college in India. The list also includes IIM Bangalore at 2nd, followed by IIM Calcutta at 3rd, with NIRF scores of 82.62 & 78.64.
Here are the Best Government MBA Colleges of India -
Ans. IIM Ahmedabad is the top MBA Institutes in India, followed by IIM Bangalore, IIM Kozhikode, and others. In 2023, the Top MBA Institutes in India NIRF rankings highlighting the best MBA institutions in India include the aforementioned three and IIM Calcutta, IITs such as IIT Delhi, and XLRI Jamshedpur, to name a few.
Ans. The top ten Tier 1 MBA colleges in India, which are government institutions, have worldwide recognition due to their outstanding academic accomplishments. Many colleges often regard CAT scores as a legitimate factor for admission. These educational institutions continually strive to provide their pupils the highest level of education that may be achieved.
The Indian Institute of Management (IIM) is widely acknowledged as a Top Tier 1 institution in India, renowned for its Master of Business Administration (MBA) program providing the best of its infrastructure, facilities and many other things and let’s not forget to the mention the Top Faculty Members from around the world, attracting students who want to pursue advanced studies in management. Without a question, the Indian Institute of Management (IIM) is a highly sought-after institution for the majority of students. The Indian Institutes of Management (IIMs) include a collective of twenty esteemed institutions dedicated to offering comprehensive educational programs in the domain of management. The primary Indian Institutes of Management (IIMs) include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, and IIM Lucknow.
Ans. Here are some of the Top 3 Institutes in India offering the best Average package for an MBA in India -
IIM Bangalore | Rs. 33.82 LPA | Rs. 35.31 LPA |
IIM Calcutta | Rs. 34.20 LPA | Rs. 35.07 LPA |
FMS Delhi | Rs. 32.40 LPA | Rs. 34.10 LPA |
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