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

By universitykart team, Posted on Jul 11, 2024
Top Government and Private MBA Colleges

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

 

Kerala University - University of Kerala, Tiruvananthapuram

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

 

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:

  1. Indian Institute of Management (IIM) Ahmedabad
  2. Indian Institute of Management (IIM) Bangalore
  3. Indian Institute of Management (IIM) Calcutta
  4. Faculty of Management Studies (FMS), Delhi University
  5. 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:

  1. XLRI - Xavier School of Management, Jamshedpur
  2. Management Development Institute (MDI), Gurgaon
  3. SP Jain Institute of Management and Research (SPJIMR), Mumbai
  4. Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
  5. 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:

  1. XLRI Jamshedpur: Around INR 25 lakh
  2. SPJIMR Mumbai: Approximately INR 20 lakh
  3. NMIMS Mumbai: Around INR 19 lakh
  4. SIBM Pune: About INR 20 lakh

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