Top Government and Private MBA Colleges in India 2024: Rankings, Fees, and Admission Details

Master of Business Administration, or what we know as MBA has gained much of its popularity in the past few years, especially in India, because of the wide range of opportunities and provides students with an opportunity to work in currently flaming fields of work such as finance, human resources, and management, gain global exposure, gain both soft and hard skills, and build personal credibility..

Government MBA Colleges:

Government MBA colleges in India, often affiliated with esteemed universities, boast a legacy of academic excellence. Institutions like IIMs (Indian Institutes of Management) and FMS (Faculty of Management Studies) epitomize quality education, emphasizing a robust curriculum, experienced faculty, and a diverse peer group.

Private MBA Colleges:

On the other hand, private MBA colleges in India have burgeoned in number over the years. Institutions like XLRI, SPJIMR, and ISB have carved a niche in the education landscape.

Factors for Consideration: Government vs. Private MBA Colleges

Cost and Affordability:
Government colleges are often more affordable due to subsidized fees	Private colleges generally have higher fees but may offer scholarships and financial aid
Faculty and Curriculum:
Government colleges are known for their experienced faculty and comprehensive curriculum	Private colleges often focus on industry-specific knowledge and may have faculty with industry experience
Infrastructure and Resources:
Government colleges may lack modern infrastructure compared to some private institutions	Private colleges typically invest in state-of-the-art infrastructure and resources to enhance the learning experience
Placement Opportunities:
Government colleges have a strong alumni network and industry connections, facilitating placements	Private colleges often boast high placement rates due to industry collaborations and a focus on practical skills
Global Recognition and Rankings:
Government institutions like IIMs hold high global recognition and rank among the top B-schools worldwide	Some private institutions have gained international acclaim, but their rankings may vary based on different parameters

Top 10 Government MBA colleges in India (NIRF Ranking):

Top Government MBA Colleges	NIRF Ranking 2023
IIM Ahmedabad	1
IIM Bangalore	2
IIM Kozhikode	3
IIM Calcutta	4
IIT Delhi – Department of Management Studies	5
IIM Lucknow	6
IIM Mumbai	7
Indian Institute of Management Indore	8
IIT Bombay-SJMOSOM	9
IIM Raipur	10

Top Private MBA Colleges in India (NIRF Ranking)

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

List of Best Government MBA Colleges in India (Fee Structure Wise )

College Name	Fees in Rs.
Calicut University - University of Calicut, Malappuram	Rs 7,50,000
UNIRAJ - University of Rajasthan, Jaipur	Rs 1,89,000
Gujarat University - Gujarat University, Ahmedabad	NA
Gujarat University - Gujarat University, Ahmedabad	NA	Kerala University - University of Kerala, Tiruvananthapuram	Rs 1,57,000- Rs 3,98,000
Mumbai University - University of Mumbai, Mumbai	Rs 2,22,000		Rs 1,57,000- Rs 3,98,000
Mumbai University - University of Mumbai, Mumbai	Rs 2,22,000	Annamalai University	Rs 61,000- Rs 11,00,000
Lucknow University - University of Lucknow, Lucknow	Rs 1,50,000- Rs 5,83,000	Annamalai University	Rs 61,000- Rs 11,00,000
DU SOL - School of Open Learning, University of Delhi, Delhi	Rs 1,03,940
Osmania University - Osmania University, Hyderabad	Rs 70,000- Rs 1,80,000
Allahabad University - University of Allahabad Allahabad	Rs 40,020

List of Best Private MBA Colleges in India (Fee Structure Wise )

College Name	Fee (Approx. in INR)
XLRI – Xavier School of Management, Jamshedpur	20-25 Lakhs
Management Development Institute (MDI), Gurgaon	18-23 Lakhs
S.P. Jain Institute of Management & Research, Mumbai	17-22 Lakhs
Indian School of Business (ISB), Hyderabad	30-35 Lakhs
NMIMS School of Business Management, Mumbai	18-20 Lakhs
Institute of Management Technology (IMT), Ghaziabad	16-20 Lakhs
Symbiosis Institute of Business Management (SIBM), Pune	18-23 Lakhs
Great Lakes Institute of Management, Chennai	15-18 Lakhs
T.A. Pai Management Institute (TAPMI), Manipal	14-16 Lakhs
International Management Institute (IMI), New Delhi	16-18 Lakhs

Top Government MBA Colleges Entrance Exams

The MBA admission process for top government colleges in India includes a common entrance exam conducted at the national level. Further, the shortlisted candidates are called to participate in Group Discussion (GD), Written Ability Test (WAT), and Personal Interview (PI). The table below demonstrates the top government MBA colleges in India and their selection criteria and cut-off percentile requirements:

Top MBA College	Selection Criteria	Cut Offs
IIM Ahmedabad	CAT WAT and PI	99 percentile
IIM Bangalore	CAT WAT and PI	99 percentile
IIM Kozhikode	CAT WAT and PI	99 percentile
IIM Calcutta	CAT WAT and PI	99 percentile
IIT Delhi – Department of Management Studies	CAT GD, WAT, and PI	90 percentile
IIM Lucknow	CAT WAT and PI	98-99 percentile
NITIE or IIM Mumbai	CAT WAT and PI	98-99 percentile
IIM Indore	CAT WAT and PI	98-99 percentile
IIT Bombay-SJMOSOM	CAT GD, WAT, and PI	90 percentile
IIM Raipur	CAT GD, WAT, and PI	95 percentile

Top Private Colleges in India Entrance Exams

College Name	Total Tuition Fee/Seat Intake	Entrance Exam/Eligibility
Xavier School of Management Admission	INR 29 lakh Seats: 1,310	Entrance Exams: CAT, XAT, GMAT Class 12 with 50% aggregate
Management Development Institute Admission	INR 26 lakh Seats: 750	Entrance Exam: CAT Class 12 with 50% aggregate
Amity University Noida Admission	INR 6 lakh	Entrance Exam: MAT, XAT, CAT, etc. Class 12 with 60% aggregate
SPJIMR Mumbai Admission	INR 24 lakh Seats: 916	Entrance Exam: CAT Class 12 with 50% aggregate
LPU Admission	INR 8 lakh Seats: 1,620	Entrance Exam: LPU NEST, MAT, XAT, etc. Graduation with 55% aggregate

Top Private MBA Colleges in India Seats

Among the top ten MBA colleges in India. Here is a list of some of the top private MBA colleges in India along with their total tuition fee/seat intake and entrance exam/eligibility criteria:

College Name

Total Tuition Fee/Seat Intake

Entrance Exam/Eligibility

XLRI MBA

INR 29 lakh

Seats: 1,310

Entrance Exams: XAT, GMAT

Graduation with a minimum aggregate of 50%

MDI MBA

INR 26 lakh

Seats: 750

Entrance Exams: CAT, XAT, MAT, GMAT

Graduation with 50% aggregate

SIBM Pune MBA

INR 24 lakh

Seats: 280

Entrance Exam: SNAP

Bachelor’s degree with an aggregate of 50%

SPJIMR MBA

INR 24 lakh

Seats: 916

Entrance Exam: CAT

Graduation with 50% aggregate

NMIMS School of Business Management MBA

INR 12 lakh

Seats: 990

Entrance Exam: NMAT

Graduation with 55% aggregate

Amity University Noida MBA

INR 6 lakh

Seats: 120

Entrance Exams: MAT, XAT, CAT, NMAT, etc.

Class 12 with 70% and graduation with 60% aggregate

LPU MBA

INR 8 lakh

Seats: 500

Entrance Exams: LPU NEST, MAT, XAT, CAT, etc. Class 12 with 60% and graduation with 55% aggregate

Top Govt. MBA Colleges in India Seats

Among the top ten MBA colleges in India. Here is a list of some of the top public/government MBA colleges in India along with their total course fee/seat intake and entrance exams/eligibility criteria:

College Name	Total Tuition Fee/Seat Intake	Entrance Exam/Eligibility
IIM Ahmedabad MBA	INR 25 lakh Seats: 50	Entrance Exam: CAT, GATE Graduation with 50% aggregate
IIM Bangalore MBA	INR 25 lakh Seats: 635	Entrance Exam: CAT Graduation with 50% aggregate (45 % for SC/ST students)
IIT Delhi MBA	INR 11 lakh Seats: 91	Entrance Exam: CAT Graduation with 60% aggregate
IIM Kozhikode MBA	INR 21 lakh	Entrance Exam: CAT, EMAT Graduation with 50% aggregate
IIM Lucknow MBA	INR 13 lakh	Entrance Exam: CAT Graduation with 50% aggregate
IIM Raipur MBA	INR 16 lakh	Entrance Exam: CAT Graduation with 50% aggregate
IIM Rohtak MBA	INR 18 lakh	Entrance Exams: CAT, IPM Aptitude Test, Class 12 with 60% aggregate

Frequently Asked Question

Ques: What are the top government MBA colleges in India for 2024?

Ans: Top government MBA colleges in India include:

Indian Institute of Management (IIM) Ahmedabad
Indian Institute of Management (IIM) Bangalore
Indian Institute of Management (IIM) Calcutta
Faculty of Management Studies (FMS), Delhi University
Indian Institute of Management (IIM) Lucknow

Ques: Which private MBA colleges are considered the best in India for 2024?

Ans: Top private MBA colleges in India include:

XLRI - Xavier School of Management, Jamshedpur
Management Development Institute (MDI), Gurgaon
SP Jain Institute of Management and Research (SPJIMR), Mumbai
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
Symbiosis Institute of Business Management (SIBM), Pune

Ques: What are the latest rankings for top MBA colleges in India for 2024?

Ans: The latest rankings for top MBA colleges in India can be found in publications like the NIRF Rankings, QS Global MBA Rankings, and Business Today. The specific rankings can vary, but institutions like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta typically feature at the top.

Ques: How much are the fees for an MBA program at top government colleges in India?

Ans: Fees for MBA programs at top government colleges like IIMs generally range from INR 10 lakh to INR 24 lakh for the entire course. For example, IIM Ahmedabad's fee is around INR 23-24 lakh, while IIM Bangalore charges approximately INR 23 lakh.

Ques: What are the fees for MBA programs at top private colleges in India?

Ans: Fees for MBA programs at top private colleges can vary widely. For instance: