Top Management colleges in India empower students to tailor their management education to their passions, preparing them for diverse career paths.
Management courses like BBA, MBA, PGDM, etc. have been a youth crush for some time now. Top Management Colleges in India are offering a wide range of courses that are in high demand and help students get their dream jobs in India or even abroad.
Management is a multicourse discipline that has a huge potential for high-paying jobs which attracts students to pursue this career path. Students from Top Management Colleges in India are getting up to 1.1 crore Per Annum package in India.
Companies like Amazon, Barclays, Jio, Accenture, Capgemini, BCG, Cipla, Deloitte, KPMG, etc. are competing to hire students from Top Management Colleges in India. Students from a few Management colleges in India are also getting international job offers from companies like Bain & Co., Microsoft, P&G, Nestle, IBM, Puma, and Adobe.
Management courses are gaining popularity and have become students’ favorites just like Medical and Engineering. Students from Top Management colleges in India are getting degrees in various management courses such as.
These are the programs you can join after passing the 10+2 or equivalent exams. Just like any other conventional graduation program, you can choose to graduate in these business courses:
B.M.S (Bachelor of Management Studies) - It is a 3-year graduation course in which students learn about various business-related or managerial aspects like analytics, economics, marketing, human resources, etc.
B.B.M (Bachelor of Business Management) - It is like a fundamental course of marketing and is a 3-year degree in which students read about finance, operations, marketing, human resources, etc.
B.B.A (Bachelor of Business Administration) - It is the study of business administration and students learn what makes a business successful in its 3 years course. It includes topics like Accounting, Marketing, Management, etc.
B.B.S (Bachelor of Business Studies) - It is a 3-year graduation program for students where they get to learn about Business Policy and strategy, Accounting, Management, Entrepreneurship, Human resources, etc.
Not all the Top management colleges in India offer courses for undergraduates. Most of the graduation-level management courses are done by students at regular colleges. However, some of the top Management colleges started to offer BBA/ BBM courses for undergraduates. Here is the list of Top management colleges in India offering management courses for the 12th pass:
NIRF Rank | College Name | State | NIRF Score |
8 | IIM Indore | Madhya Pradesh | 71.95 |
12 | IIM Rohtak | Haryana | 65.88 |
21 | SVKM's Narsee Monjee Institute of Management Studies | Maharashtra | 60.84 |
24 | IIM Ranchi | Jharkhand | 59.99 |
25 | Jamia Millia Islamia, New Delhi | Delhi | 59.78 |
28 | Amity University | Uttar Pradesh | 58.56 |
30 | Amrita Vishwa Vidyapeetham | Tamil Nadu | 57.02 |
32 | LPU Punjab | Punjab | 56.44 |
40 | ICFAI Hyderabad | Telangana | 54.29 |
46 | XIIM University | Odisha | 52.09 |
College Name | Tuition Fee | Number of Seats | Eligibility |
Shaheed Sukhdev College of Business Studies (SSCBS) | INR 37,195 | 131 | Class 12 with 60% aggregate |
Madras Christian College (MCC) | INR 83,757 | 125 | Class 12 pass |
PSG College of Arts and Science (PSGCAS) | INR 1.87 lakh | Class 12 pass | |
The Bhopal School of Social Sciences Admission | INR 1.48 lakh | 180 | Class 12 pass |
College Name | Tuition Fee | Total Seats | Eligibility |
Anil Surendra Modi School of Commerce | INR 9.75 lakh Seats: | 600 | Class 12 with 50% aggregate |
Loyola College | INR 1.42 lakh | Class 12 pass | |
Christ University | INR 6.15 lakh | Class 12 with 55% aggregate | |
Amity University | INR 15.4 lakh | Class 12 with 70% aggregate |
NIRF Rank | University | Fee |
22 | Amity Online | INR 150,000 (Total Fee) |
47 | Lovely Professional University | INR 11,000 (Per Semester) |
72 | Jaipur National University | INR 7,000 (Per Semester) |
79 | Jain University | INR 27,500 to 40,000 (Per Semester) |
129 | Manipal University | INR 1,26,000 (Complete Course) |
29 | Chandigarh University | INR 14,850 (Per Semester) |
27 | IFHE, Hyderabad (ICFAI University) | INR 75,000 (Complete Course) |
71 | IGNOU | INR 27,000 (Total Fee) |
39 | University of Madras | INR 21,000 (Total Fee) |
College Name | Total Tuition Fee | Annual Average Package |
Shaheed Sukhdev College of Business Studies | INR 37,195 | INR 8.65 LPA |
Madras Christian College | INR 83,757 | INR 3.25 LPA |
PSG College of Arts and Science | INR 1.87 lakh | INR 3 LPA |
Anil Surendra Modi School of Commerce | INR 9.75 lakh | INR 5.50 LPA |
Christ University | INR 6.15 lakh | INR 4.17 LPA |
Most of the graduates from any discipline can enroll for the Management course (MBA) after passing their bachelor's degree with at least 50% of aggregate marks. Here is the list of top management colleges in India every graduate aspires to join:
NIRF Rank | Institute name | State | NIRF Score |
1 | Indian Institute of Management (IIM) Ahmedabad | Gujarat | 83.20 |
2 | Indian Institute of Management (IIM) Bangalore | Karnataka | 80.89 |
3 | Indian Institute of Management (IIM) Kozhikode | Kerala | 76.48 |
4 | Indian Institute of Management (IIM) Calcutta | West Bengal | 75.53 |
5 | Indian Institute of Technology (IIT) Delhi | Delhi | 74.14 |
6 | Indian Institute of Management (IIM) Lucknow | Uttar Pradesh | 74.11 |
7 | National Institute of Industrial Engineering, Mumbai | Maharashtra | 71.99 |
8 | Indian Institute of Management (IIM) Indore | Madhya Pradesh | 71.95 |
9 | Xavier School of Management (XLRI), Jamshedpur | Jharkhand | 70.75 |
10 | Indian Institute of Technology (IIT) Bombay | Maharashtra | 68.11 |
If you are aspiring to get accepted into Top management colleges in India, then here is a list of entrance exams you need to prepare for:
MBA Entrance Exams | Top Institutes Accepting Exam Score |
CAT | 20 IIMs, FMS, IMI, IMT, MDI, SPJIMR, IITs, TAPMI + 500 Others |
ATMA | More than 200 MBA/PGDM colleges in India |
SNAP | SIBM Pune, SCMHRD, + 13 Other top Symbiosis Institutes |
NMAT by GMAC | NMIMS Mumbai + 20 other MBA colleges & Universities |
MICAT | MICA Ahmedabad |
CMAT | K J Somaiya, BIMTECH, GIM, VIT, Great Lakes, and all the Institutes and Universities offering AICTE-approved MBA/PGDM programs |
MAT | 300 MBA/PGDM colleges across India |
TISSNET | Tata Institute of Social Sciences, Mumbai, and all its campuses |
IRMASAT | IRMA Anand |
IBSAT | IBS Hyderabad & all the other 8 campuses of ICFAI B-Schools |
KIITEE Management | KIIT School of Management; KIIT School of Rural Management |
XAT | XLRI, XIME, GIM, Great Lakes, IMT, XIMB, TAPMI, FORE, LIBA + 140 Others |
NIRF Rank | Name | State | NIRF Score |
1 | IIM Ahmedabad | Gujarat | 83.2 |
2 | IIM Bangalore | Karnataka | 80.89 |
3 | IIM Kozhikode | Kerala | 76.48 |
4 | IIM Calcutta | West Bengal | 75.53 |
5 | IIT Delhi | Delhi | 74.14 |
6 | IIM Lucknow | Uttar Pradesh | 74.11 |
7 | NIIE, Mumbai (IIM Mumbai) | Maharashtra | 71.99 |
8 | IIM Indore | Madhya Pradesh | 71.95 |
9 | XLRI Jamshedpur | Jharkhand | 70.75 |
10 | IIT Bombay | Maharashtra | 68.11 |
11 | IIM Raipur | Chhattisgarh | 66.18 |
12 | IIM Rohtak | Haryana | 65.88 |
13 | Management Development Institute | Haryana | 64.88 |
14 | IIT Kharagpur | West Bengal | 63.92 |
15 | IIT Madras | Tamil Nadu | 62.83 |
16 | IIM Udaipur | Rajasthan | 62.78 |
17 | Symbiosis Institute of Business Management | Maharashtra | 62.74 |
18 | IIT Roorkee | Uttarakhand | 62.14 |
19 | IIM Kashipur | Uttarakhand | 61.07 |
20 | S.P. Jain Institute of Management & Research | Maharashtra | 60.91 |
21 | SVKM's Narsee Monjee Institute of Management Studies | Maharashtra | 60.84 |
22 | IIM Tiruchirappalli | Tamil Nadu | 60.83 |
23 | IIT Kanpur | Uttar Pradesh | 60.63 |
24 | IIM Ranchi | Jharkhand | 59.99 |
25 | Jamia Millia Islamia, New Delhi | Delhi | 59.78 |
26 | IIM Shillong | Meghalaya | 59.12 |
27 | Indian Institute of Foreign Trade | Delhi | 58.6 |
28 | Amity University | Uttar Pradesh | 58.56 |
29 | IIM Visakhapatnam | Andhra Pradesh | 57.57 |
30 | Amrita Vishwa Vidyapeetham | Tamil Nadu | 57.02 |
31 | Great Lakes Institute of Management | Tamil Nadu | 56.62 |
32 | LPU Punjab | Punjab | 56.44 |
33 | Goa Institute of Management | Goa | 56.28 |
34 | IMI New Delhi | Delhi | 56.05 |
35 | NIT Tiruchirappalli | Tamil Nadu | 56.01 |
36 | Chandigarh University | Punjab | 55.98 |
37 | MICA | Gujarat | 55.47 |
38 | IMT Ghaziabad | Uttar Pradesh | 55.26 |
39 | UPES | Uttarakhand | 54.83 |
40 | ICFAI Hyderabad | Telangana | 54.29 |
41 | IIM Jammu | Jammu and Kashmir | 54.17 |
42 | TAPMI Manipal | Karnataka | 53.48 |
43 | IIM Nagpur | Maharashtra | 53.41 |
44 | IIT(ISM) Dhanbad | Jharkhand | 52.64 |
45 | K J Somaiya Institute of Management | Maharashtra | 52.14 |
46 | XIIM University | Odisha | 52.09 |
47 | Jaipuria Institute of Management | Uttar Pradesh | 51.81 |
48 | BIMTECH | Uttar Pradesh | 51.74 |
49 | Thapar Institute of Engineering and Technology (Deemed-to-be-university) | Punjab | 51.67 |
50 | Anna University | Tamil Nadu | 51.67 |
NIRF Ranking | College/ University Name | Average Fees (INR) |
1 | IIM Ahmedabad | 25,00,000 |
2 | IIM Bangalore | 24,00, 000 |
3 | IIM Kozhikode | 20,00,000 |
4 | IIM Calcutta | 24,00,000 |
5 | IIT Delhi | 11,00,000 |
6 | IIM Lucknow | 20,00,000 |
7 | IIM Mumbai | 14,70,000 |
8 | IIM Indore | 21,00,000 |
10 | IIT Bombay | 7,00,000 |
11 | IIM Raipur | 16,00,000 |
When it comes to the Top Management colleges in India, you can find private institutes as well at the top. They have proven their worth through high-quality education, infrastructure, facilities, and excellent placement records. Here is a list of top private management colleges you may want to consider:
NIRF Ranking | College/ University Name | Total Fees (INR) |
9 | Xavier Labour Relations Institute (XLRI), Jamshedpur | 23,00,000 |
13 | Management Development Institute, Gurugram | 23,40,400 |
17 | Symbiosis Institute of Business Management (SIBM), Pune | 24,59,000 |
20 | S. P. Jain Institute of Management & Research, Mumbai | 20,42,000 |
21 | NMIMS Mumbai | 21,90,000 |
28 | Amity University, Noida | 4,86,000 - 25,00,000 |
30 | Amrita Vishwa Vidyapeetham | 10,50,000 |
31 | Great Lakes Institute of Management, Chennai | 18,75,000 |
32 | Lovely Professional University (LPU) | 9,60,000 |
33 | Goa Institute of Management | 18,30,000 |
34 | IMI New Delhi | 20,00,000 |
Many Top Management colleges in India are also offering distance education which can benefit students if they cannot join the regular course due to any reason. Here is the list of the top MBA colleges in India offering Distance education:
NIRF Ranking | College Name | NIRF Score |
17 | Symbiosis Institute of Business Management, Pune | 62.74 |
21 | SVKM`s Narsee Monjee Institute of Management Studies, Mumbai | 60.84 |
28 | Amity University, Noida | 58.56 |
32 | Lovely Professional University | 56.44 |
39 | University of Petroleum and Energy Studies | 54.83 |
38 | Institute of Management Technology - Ghaziabad | 55.26 |
40 | ICFAI Foundation for Higher Education, Hyderabad | 54.29 |
73 | Principal L N Welingkar Institute of Management Development and Research, Mumbai | 48.21 |
92 | Jaipuria Institute of Management, Lucknow | 44.22 |
79 | Manipal University, Jaipur | 46.23 |
Online MBA is trending right now not only because it is affordable but also because most working people want to increase their academic profile and improve their resume by adding an MBA degree. Some top Management colleges in India have understood their need and started offering Online MBA programs. Here is the list of some of the top Online MBA colleges in India along with how much you need to pay them:
College Name | Average Annual Fees |
Jaipur National University | INR 43,100 |
Jaipuria Institute of Management | INR 1,90,500 |
National Institute of Business Management | INR 22,000 |
Venkateshwara Open University | INR 89,500 |
Assam Don Bosco University | INR 1,00,000 |
Amity University | INR 1,20,000 |
Karnataka State Open University | INR 35,000 |
NMIMS Global Access School for Continuing Education | INR 86,000 |
LN Welingkar WeSchool | INR 86,000 |
BVDU | INR 1,00,000 |
College Name | Location | Courses Offered | Fees (in Rs) |
IIM Ahmedabad | Gujarat | MBA, Executive MBA, Fellowship | Rs.24,61,000 |
IIM Bangalore | Karnataka | MBA, PGDM, Executive MBA | Rs.24,50,000 |
IIM Kozhikode | Kerala | MBA, PGDM, PhD in Management | Rs.20,50,000 |
IIM Calcutta | West Bengal | MBA, PGDM, Executive MBA | Rs.27,00,000 |
IIT Delhi | Hauz Khas, New Delhi | MBA, MBA Telecom, Executive MBA | Rs. 11.20 Lacs |
IIM Lucknow | Uttar Pradesh | MBA, PGDM, Graduate Diploma in Management | Rs.23,80,000 |
IIM Mumbai | Maharashtra | MBA, PGDM, Fellowship | Rs.7,03,000 |
IIM Indore | Madhya Pradesh | MBA, PGDM, Ph.D. in Management | Rs.21,14,222 |
XLRI Jamshedpur | Jharkhand | MBA, PGDM, Ph.D. in Management | Rs.12,90,000 |
IIT Bombay | Mumbai | MBA | Rs.4,91,000 |
Along with the Top Government management colleges in India (IIMs), there are some top private management colleges that offer the best placement to the students. They offer lucrative and global job opportunities to their students with mouth-watering average CTC.
ROI or return on investment is a term used to define how much money you pay for the course and what salary you can expect after placement. Here is the list of average packages of the Top 10 Government Management colleges in India:
NIRF Ranking | College/ University Name | Average Fees | Average Package |
1 | IIM Ahmedabad | 25,00,000 | 34,30,000 |
2 | IIM Bangalore | 24,00, 000 | 35,31, 000 |
3 | IIM Kozhikode | 20,00,000 | 31,02,000 |
4 | IIM Calcutta | 24,00,000 | 35,07,000 |
5 | IIT Delhi | 11,00,000 | 25,82,000 |
6 | IIM Lucknow | 20,00,000 | 32,00,000 |
7 | IIM Mumbai | 14,70,000 | 27,75,000 |
8 | IIM Indore | 21,00,000 | 30,21,000 |
10 | IIT Bombay | 7,00,000 | 28,88,000 |
11 | IIM Raipur | 16,00,000 | 21,04,000 |
Private management colleges are also giving tough competition to government colleges in terms of ROI. Here is the list of ROI of top private management colleges in India according to past records:
College Name | Course Fee | Average Package |
XLRI | INR 23 lakh | INR 30 LPA |
MDI | INR 23.40 lakh | INR 24.06 LPA |
SIBM | INR 24.50 lakh | INR 20.80 LPA |
S. P. Jain Institute of Management & Research | INR 20.42 lakh | INR 30.50 LPA |
NMIMS Mumbai | INR 21.90 lakh | INR 19.20 LPA |
Amity University | INR 4.86 lakh | INR 5.50 LPA |
IMI New Delhi | INR 20 lakh | INR 14.17 LPA |
Great Lakes Institute of Management | INR 18 lakh | INR 11.44 LPA |
LPU MBA | INR 9.60 lakh | INR 6 LPA |
All the top management colleges in India are known for producing top-class management gems and International companies like Bain & Co., Microsoft, P&G, Nestle, IBM, Puma, and Adobe are well aware of this fact.
These major International players also come for the campus selection and pick their choosing and offer starting salary packages up to 1.35 crores per annum.
Here is a list of the salary packages offered at some of the top management colleges in India by International companies:
Name of the IIM | Highest International CTC |
IIM Ahmedabad | INR 1.32 CPA |
IIM Indore | INR 89.25 LPA |
IIM Lucknow | INR 61.59 LPA |
IIM Kashipur | INR 48.50 LPA |
IIM Udaipur | INR 33.00 LPA |
IIM Ranchi | INR 59.36 LPA |
IIM Sambalpur | INR 58.00 LPA |
Colleges with higher fee structures aren’t the only good management colleges in India. Some of the best management colleges have a very nominal fee structure that anyone can afford. Here is a list of top management colleges in India with low fees:
College | Program (MBA) Fee |
FMS, Delhi | Rs. 0.20 lakhs |
MSU Baroda | Rs. 0.29 lakhs |
Delhi School of Economics, DU | Rs. 0.31 lakhs |
IGNOU Delhi | Rs. 0.37 lakhs |
UBS Chandigarh | Rs. 0.38 lakhs |
JMI New Delhi | Rs. 0.47 lakhs |
Department of Financial Studies (DFS), DU | Rs. 0.48 lakhs |
FMS BHU | Rs. 0.98 lakhs |
Tata Institute of Social Sciences (TISS), Mumbai | Rs. 1.14 lakhs |
Pune University Department of Management Sciences (PUMBA) | Rs. 1.32 lakhs |
Post Graduate Diploma in Management - It is a 2-year diploma degree and an alternative to MBA. Any student with 50% in graduation can pursue this course from Top Management colleges in India.
Post Graduate Program Management - It is a diploma certification course for Industry professionals. It is a one-year program and candidates are required to have at least 2 years of working experience.
PGDM or Post Graduate Diploma in Management is a smart career choice being pursued by most management aspirants. It is similar and equivalent to the MBA and being offered by several top management colleges in India. Here is the list of top P.G.D.M Colleges in India:
NIRF Ranking | Name of the college | NIRF Score |
8 | Xavier Labor Relations Institute (XLRI), Jamshedpur | 70.75 |
13 | Management Development Institute, Gurugram | 64.88 |
17 | Symbiosis Institute of Business Management | 62.74 |
20 | S.P. Jain Institute of Management and Research, Mumbai | 60.91 |
21 | SVKM’s Narsee Monjee Institute of Management Studies, Mumbai | 60.84 |
31 | Great Lakes Institute of Management | 56.62 |
38 | Institute of Management Technology, Ghaziabad | 55.26 |
45 | K J Somaiya Institute of Management | 52.14 |
CAT, commonly known as the Common Admission Test is one of the toughest entrance exams in India. Top Management Colleges in India accept CAT scores for the admission of students. So you must clear CAT if you want to get into these Top MBA colleges in India:
College Name | Average Annual Fees |
Indian Institute of Management - Ahmedabad | INR 30,00,000 |
Indian Institute of Management - Bangalore | INR 23,00,000 |
Indian Institute of Management - Kolkata | INR 27,00,000 |
Indian Institute of Management - Lucknow | INR 10,05,000 |
Indian Institute of Management - Indore | INR 8,50,711 |
Bharati Vidyapeeth Deemed University - Pune | INR 2,50,000 |
Parul University - Vadodara | INR 74,000 |
Prestige Institute of Management and Research - Indore | INR 1,19,500 |
Vinod Gupta School of Management - [VGSoM], Kharagpur | INR 5,71,900 |
Another very competitive entrance exam for an MBA is MAT which is commonly known as the Management Aptitude Test. Check out the list of Top Management Colleges in India that accept MAT:
College Name | Average Annual Fees |
Indian Institute of Management - Rohtak | INR 8,35,000 |
IIT Madras - [DoMS] | INR 4,00,000 |
Bharati Vidyapeeth Deemed University - Pune | INR 2,50,000 |
KIIT School of Management - Bhubaneswar | INR 5,05,000 |
ICFAI Business School - Hyderabad | INR 8,01,000 |
Prestige Institute of Management and Research - Indore | INR 1,19,500 |
Alliance University, Bangalore | INR 14,00,000 |
International Management Institute- Kolkata | INR 6,50,900 |
Department of Management Studies - MNIT Jaipur | INR 1,67,665 |
Vellore Institute of Technology - [VIT University], Vellore | INR 3,51,500 |
Ques. Which is India's No. 1 Management college?
Ans. According to NIRF Ranking, IIM Ahmedabad is the top Management college in India followed by IIM Bangalore and IIM Kozhikode.
Ques. Which are the top Management colleges in India?
Ans. All the IIMs are considered top but IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, and IIM Calcutta are some of the top management colleges in India.
Ques. Which are the Top Management Colleges in India For Undergraduates?
Ans. IIM Indore, IIM Raipur, and IIM Ranchi are some of the top management colleges in India for undergraduate students.
Ques. Which are the Top Management Colleges in India For Graduates?
Ans. IIM Ahmedabad, IIM Bangalore, and IIM Kozhikode are some of the top management colleges in India for Graduate students.
Ques. Which are the top MBA colleges in India?
Ans. IIM Ahmedabad, XLRI, IIM Bangalore, IIM Kolkata, etc. are some of the top MBA colleges in India that everyone aspires to join.
Ques. Which are the top private Management colleges in India for BBA?
Ans. Amity University, Anil Surendra Modi School of Commerce, and Christ University are some of the privately owned top Management colleges in India for BBA.
Ques. Which are the top Management colleges in India with the highest placement packages?
Ans. IIM colleges are known to grab the most handsome salary packages. IIM Ahmedabad, IMM Bangalore, and IIM Calcutta are the top Management colleges in India where students get the highest packages.
Ques. Which are the 10 top MBA colleges in India?
Ans. The list of top 10 MBA colleges in India contains 1 private college and 2 IITs and the rest of them are IIMs. Here is the list - IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIT Delhi, IIM Lucknow, IIM Mumbai, XLRI Jamshedpur, and IIT Bombay.
Ques. What are the Entrance exams for Top Management colleges in India?
Ans. If you are eyeing the Top management colleges in India then you have to enroll for the CAT, MAT, GMAT, ATMA, SNAP, and some other similar exams.
Ques. Which are the top Management colleges in India for Distance MBA?
Ans. Symbiosis Institute of Business Management, NMIM Mumbai, Amity University, and Institute of Management Technology Ghaziabad are some of the top management colleges in India that offer Distance MBA degrees.
Ques. Which are the top Management colleges in India for Online MBA?
Ans. Jaipur National University, Venkateshwara Open University, Amity University, and Karnataka State Open University are some of the top management colleges in India that offer Online MBA education.
Ques. Which are the top Management colleges in India for PGDM?
Ans. XLRI Jamshedpur, Management Development Institute Gurugram, and SPJIMR Mumbai are some of the top management colleges in India that offer a Post Graduate Diploma in Management (PGDM).
Ques. Which top Management colleges in India offer MBA admission without an entrance exam?
Ans. Amity University, Lovely Professional University, OP Jindal Global University, and Birla Global University are some of the top management colleges in India that offer MBA admission without any entrance exams.
Ques. Which is the No. 1 Management college in India?
Ans. According to the recent performance report, IIM Ahmedabad is the number 1 management college in India followed by the IIM Bangalore and IIM Kozhikode.
Ques. Is CAT compulsory for an MBA?
Ans. CAT is conducted and accepted by all the IIMs in India but there are also other entrance exams you can prepare for like MAT, GMAT, ATMA, XAT, etc. that are accepted by top management colleges in India.
Ques. Is IIM govt or private?
Ans. IIMs are the most popular and too management colleges in India and they are run by the government. All the IIMs in India are government
Ques. Why IIM fees are so high??
Ans. Although all IIMs are run by the government, they don’t rely on the government for funding. To match the quality of deep-pocketed private universities in terms of education, and facilities and hire quality professors, they need to charge students.