Top MBA Colleges in India 2025: Ranking, Fees, Cut-off, Courses, Placements, Admission

Written By universitykart team | Last updated date Nov, 16, 2024

Top MBA Colleges in India 2025 - Check the list of the best MBA colleges in India with ranking, fees, cut-off, admission, brochure, placements, reviews, entrance exams, and eligibility criteria.

IIM Ahmedabad is considered to be the top MBA College in India. There are excellent teachers. Successful alumni and excellent recruitment. Over the past 5 years, IIM Bangalore has emerged as a strong competitor to IIMA for the award of best MBA College in India. IIMB has improved every aspect of education. Especially for executive education, IIM Calcutta, XLRI Jamshedpur, IIM Kozhikode, and SPJIMR Mumbai are other top MBA colleges in India.

IIT Delhi Department of Management Studies IIT Bombay SJMSOM, IIT Kharagpur VGSOM, and IIT Madras Department of Management Studies are also available as the top B-schools in India. Other top MBA colleges in India include FMS Delhi, IIFT Delhi, MDI Gurgaon, and NMIMS Mumbai. The top 5 MBA colleges in India include IIMs, IITs DMS and PGDM. There are more than 5,700 good MBA colleges in India. Of these, 3,814 are private, 537 are public/government institutions, and 80 are public and private institutions. Among the top MBA colleges in India accept entrance exams like CAT, XAT, and CMAT.

The average fees for MBA programs in India vary depending on the institution and location. But it generally ranges from ₹2 Lakh to ₹20 Lakh for the entire course… This two-year course opens the door to many corporate career opportunities. Students choose the MBA program from a variety of backgrounds. These include humanities, business, and science. The Duration of An MBA is normally a two-year program (Four semesters). Some private MBA schools offer a one-year called PGDM program. The average salary of graduates of top MBA colleges in India varies from institution to institution. However, it may range from INR 10.13 LPA to INR 35.92 LPA after completing the top MBA course in India.

Highlights of Top MBA Colleges in India

India boasts many top-notch MBA schools that provide state-of-the-art management training worldwide exposure, and excellent job prospects. Choosing the right MBA program is key to launching a successful management career. The schools mentioned above are India's finest offering various specialties strong job placement help, and courses that meet industry needs. Before you decide, closely examine things like job placement stats, areas of study, and costs to find the school that best matches your career goals.

Here are some standout features of India's top MBA Colleges:

Parameters

Statistics

Course

Master of Business Administration (MBA)

Duration

2 Years

No. of MBA colleges

5700+

Private

3800+

Public College

530+

Public-Private

80+

Average Fees

INR 20,000 - 20, 00,000

Top MBA Colleges

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, etc.

Top Distance MBA Colleges

XLRI Xavier School of Management, SRM Institute of Science and Technology, IGNOU, etc.

Top Specializations

Finance, Sales and Marketing, HR, IT and Systems, IB

Accepted Entrance Exams

MAT, CAT, CMAT, XAT, ATMA, NMAT, etc.

Average Salary

10-35 LPA

Age

17-25 years

Eligibility criteria

Passed their 10+2 board examinations with 50 % from a recognized board or council in India.

Top MBA Colleges in India with NIRF Ranking 2024

The National Institutional Ranking Framework (NIRF) ranks educational institutions across India. The Ministry of Education Government of India started this initiative to evaluate schools based on factors like teaching, learning, resources, research, and how well graduates do after school.

Each year, the NIRF releases rankings using data collected over the past year. To figure out scores and rankings, they look at five main things: how many students graduate, what kind of research and work the school does, what resources they have for teaching and learning, and the overall feeling people have about the school.

Let's talk about the top MBA schools in India for 2025, according to the NIRF rankings. The list below shows the best MBA colleges in India and how they've ranked in the NIRF over the last three years, from 2022 to 2024:

College Name

NIRF 2022

NIRF 2023

NIRF 2024

Indian Institute of Management, (IIM) Ahmedabad

1

1

1

Indian Institute of Management, (IIM) Bangalore

2

2

2

Indian Institute of Management, (IIM) Kozhikode

5

3

3

Indian Institute of Technology, (IIT) Delhi

4

5

4

Indian Institute of Management, (IIM) Calcutta

3

4

5

IIM Mumbai (formerly known as NITIE)

9

7

6

Indian Institute of Management, (IIM) Lucknow

6

6

7

Indian Institute of Management, (IIM) Indore

7

8

8

XLRI-Xavier School of Management

12

9

9

Indian Institute of Technology Bombay

11

10

10

Top 10 MBA Colleges in India 2024

Getting an MBA from a top school in India can boost your business career. The best MBA programs in India have a great reputation worldwide. They offer tough courses great teachers, and help students land good jobs. The top 10 MBA schools in India, like the IIMs, FMS, ISB, and XLRI, give you a top-notch education. They have great teachers links to big companies, and help you find good jobs after graduation. Each school has its own strong points and areas it focuses on, which makes it great for future business leaders. To pick the right school for your career goals, take a good look at what each one teaches how well they help students get jobs, and where they're located.

Let's take a closer look at the top 10 MBA colleges in India. These schools always rank among the best and help students start great careers.

Here's a list of the Top 10 MBA Schools in India with their fee details:

Colleges

Fees 2024-26

Indian Institute of Management (IIM) Ahmedabad

Rs.25.00 lakhs

Indian Institute of Management (IIM) Bengaluru

Rs.24.70 lakhs

Indian Institute of Management (IIM) Kozhikode

Rs.20.50 lakhs

Indian Institute of Management (IIM) Calcutta

Rs. 25.00 lakhs 

Department of Management Studies (IIT Delhi)

Rs.12.00 lakhs 

Indian Institute of Management (IIM) Lucknow

Rs.20.75 lakhs

Indian Institute of Management Mumbai (NITIE)

Rs. 21.00 lakhs

Indian Institute of Management (IIM) Indore

Rs.21.17 lakhs

Xavier School of Management (XLRI) Jamshedpur

Rs. 27.40 lakhs 

Indian Institute of Technology Bombay SJMSoM, (IIT Bombay)

Rs.14.08 lakhs

Here is the list of 21 IIMs that are amongst the Best MBA Colleges in India

Business schools

Placement 2024

Fees

NIRF 2023 Rank

Indian Institute of Management (IIM) Ahmedabad

Completed; Data Awaited

Rs. 25.00 lakhs (2024-26)

1

Indian Institute of Management (IIM) Bangalore

Rs. 35.92 LPA

Rs. 24.70 lakhs (2024-26)

2

Indian Institute of Management (IIM) Kozhikode

Rs. 28.05 LPA

Rs. 20.50 lakhs (2024-26)

3

Indian Institute of Management (IIM) Calcutta

Rs. 35.07 LPA

Rs. 25.00 lakhs (2024-26)

4

Indian Institute of Management (IIM) Lucknow

Rs. 30.00 LPA

Rs. 20.75 lakhs (2024-26) 

6

Indian Institute of Management (IIM) Mumbai

Rs. 31.00 LPA

Rs. 21.00 lakhs (2024-26)

7

Indian Institute of Management (IIM) Indore

Rs. 25.68 LPA

Rs. 21.17 lakhs (2024-26)

8

Indian Institute of Management (IIM) Raipur

Rs. 19.70 LPA

Rs. 18.00 lakhs (2024-26)

11

Indian Institute of Management (IIM) Rohtak

Rs. 19.27 LPA

Rs. 17.90 lakhs (2024-26)

12

Indian Institute of Management (IIM) Udaipur

Rs. 18.80 LPA

Rs. 22.29 lakhs (2024-26)

16

Indian Institute of Management (IIM) Kashipur

Rs. 18.11 LPA (2023)

Rs. 17.30 lakhs (2024-26)

19

Indian Institute of Management (IIM) Tiruchirappalli

Rs.19.43 LPA

Rs. 21.00 lakhs (2024-26)

22

Indian Institute of Management (IIM) Ranchi

Rs. 18.69 LPA

Rs. 17.20 lakhs (2023-25)

24

Indian Institute of Management (IIM) Shillong

Rs. 26.10 LPA

Rs. 21.50 lakhs 

26

Indian Institute of Management (IIM) Visakhapatnam

Rs. 15.61 LPA

Rs. 18.12 lakhs (2024-26)

29

Indian Institute of Management (IIMJ) Jammu

Rs. 15.48 LPA

Rs. 19.05 lakhs (2024-26)

41

Indian Institute of Management (IIM) Nagpur

Rs. 16.29 LPA

Rs. 19.25 lakhs (2024-26)

43

Indian Institute of Management (IIM) Amritsar

Rs. 15.00 LPA (2024)

Rs.21.00 lakhs (2024-26)

51

Indian Institute of Management (IIM) Bodh Gaya

Rs. 13.90 LPA

Rs. 19.52 lakhs (2024-26)

53

Indian Institute of Management (IIM) Sambalpur

Rs. 14.21 LPA

Rs. 21.01 lakhs (2024-26)

58

Indian Institute of Management (IIM) Sirmaur

Rs. 14.45 LPA (2023)

Rs. 17.70 lakhs (2024-26)

98

Top MBA Colleges in India with low fees

FMS Delhi is among the top MBA colleges in India offering an MBA course at a fee of Rs-1.92 lakhs. SIMSREE Mumbai University MBA college is also one of the institutions that provides MBA/PGDBM courses at a fee as low as Rs-2.36 lakhs. PUMBA Pune is the other where MBA Pune University is provided at an economical fee of Rs-2.45 lakhs

Some of the best MBA colleges in India which have their fee structures pretty low:

Institute Name

Fees (Rs in lakhs)

FMS New Delhi (Faculty of Management Studies)

 1.92

JBIMS Mumbai

 6.00

SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education

 2.36

MANAGE Hyderabad: National Institute of Agricultural Extension Management

4.05

PUMBA: Department of Management Sciences University of Pune

2.45

Top Government MBA Colleges in India

Those government colleges that provide first-class education, excellent scope for jobs, and sound industrial association at a reasonable rate should be opted by students willing to go for an MBA in India. This set of lists includes IIMs, FMS, IIT Delhi (DMS), and NITIE for a rigorously designed set of programs. It not only equips with management skills but provides a chance of specializations in various fields according to the interest area.

The best choice for students with regard to quality education and commanding high returns on investments is an MBA from a government institute in India.

Public/Government Colleges

Total Tuition Fee

Entrance Exam

Seat Intake

Eligibility

IIM Ahmedabad

INR 25 lakh

 CAT, GATE

 50

Graduation with 50% aggregate

IIM Bangalore

INR 25 lakh

CAT

635

Graduation with 50% aggregate (45 % for SC/ST students)

IIM Kozhikode

INR 21 lakh

CAT, EMAT

-

Graduation with 50% aggregate

IIM Raipur

INR 16 lakh

CAT

-

Graduation with 50% aggregate

IIM Rohtak MBA

INR 18 lakh

CAT, IPM Aptitude Test

-

Class 12 with 60% aggregate

Top Private MBA Colleges in India

Private MBA colleges offer high-level management education, an outstanding placement record, and very good specialization courses for study. Some old great institutions are ISB and XLRI, and a couple of recently established colleges are Great Lakes and TAPMI. Among such numerous opportunities for professional endeavour under the present global economic environment, students can make their choice and settle with any suitable and attractive college concerning career objectives, budgets, and preferred field of specialization during a specific MBA course.

Private Colleges

Total Tuition Fee

Entrance Exam/

Seat Intake

Eligibility

SIBM Pune

INR 13 lakh - INR 19 lakh

SNAP

240

Graduation with a minimum aggregate of 50%

XLRI

INR 29 lakh

XAT, GMAT

920

Graduation with a minimum aggregate of 50%

MDI

INR 26 lakh

CAT, XAT, MAT, GMAT

750

Bachelor’s degree with an aggregate of 50%

SIBM Pune

INR 24 lakh

SNAP

340

Bachelor’s degree with an aggregate of 50%

SPJIMR

INR 24 lakh

CAT

880

Graduation with 50% aggregate

Amity University Noida

INR 6 lakh

MAT, XAT, CAT, NMAT, etc.

120

Class 12 with 70% and graduation with 60% aggregate

LPU

INR 8 lakh

LPU NEST, MAT, XAT, CAT, etc.

500

Class 12 with 60% and graduation with 55% aggregate

Top Distance MBA Colleges in India

One such popular trend for Distance MBA programs in India is a flexible, affordable, high-quality education option without needing the student to come to class. It best suits working professionals who cannot spend time on full-time MBAs but want their management skills to be enriched.

Choosing the best distance MBA colleges in India can prove to be a career booster. IGNOU, NMIMS, and SCDL have well-known programs that are of good quality and with the flexibility of distance learning. Factors like accreditation, specialization, and fees need to be considered before joining any program.

This is the chart to show the distances between good MBA colleges in India along with their total tuition fee and seat intake:

Distance MBA Colleges

Total Tuition Fee

Seat Intake

XLRI Xavier School of Management

INR 14 lakh

NA

SRM Institute of Science and Technology

INR 60,000

1,200

National Institute of Agricultural Extension Management

INR 15,000

NA

Neville Wadia Institute of Management Studies and Research

INR 4 lakh

120

Indian Institute of Finance

INR 2 lakh

NA

IGNOU

INR 62,000

NA

Top Integrated MBA Colleges in India

An Integrated MBA is a postgraduate as well as undergraduate-level programme that spans five years where the candidate is guided to complete Class 12 level graduation and is conferred the award of a degree somewhat similar to a B.A., but only after having gained experience of all three years and so sometimes more popular since completion occurs at an earlier stage.

Various top institutes in India offer the Integrated MBA course. Check below for the list of 5-year integrated MBA's top colleges with average placement packages and fees:

Name of the institute

Fee

Average Placement Package

IIM Indore

INR 35 lakhs 

INR 27.2 LPA

IIM Rohtak

INR 33.9 lakhs

INR 19.27 LPA

IIM Ranchi

INR 15.48 lakhs

INR 19.13 LPA

IIM Jammu

INR 20.7 lakhs

INR 16.50 LPA

Mumbai University

INR 1.69 lakhs

INR 4 LPA

Narsee Monjee Institute of Management Studies

INR 44 lakhs

NA

Nirma University Institute of Management

INR 19.65 lakhs

INR 3.6 LPA

Jindal Global Business School

INR 17.5 lakhs

NA

Devi AhilyaVishwavidyalaya, Indore

INR 2.1 lakhs

INR 7.3 LPA

Kurukshetra University

INR 2.17 lakhs

INR 3 LPA

Eligibility: Top MBA Colleges in India

Eligibility criteria for top B-Schools in India can vary from one college to another. However, the essential MBA eligibility criteria are as follows:

  • The basic eligibility criteria for the full-time MBA program from a recognized university are any discipline or equivalent graduation.
  • Most institutes follow minimum aggregate criteria at the time of graduation while passing the degree, and the score varies between 50% and an equivalent CGPA. It might include a minimum aggregate percentage of 45% or its equivalent CGPA. Universities and colleges take admissions based on entrance exams like CAT, XAT, CMAT, MAT, etc.

Salary: Top MBA Colleges in India

The amount of money offered to students as a placement offer for investing a great deal to attend a college and pursue a degree of study is the return on investment or ROI.

Below is the table displaying the total tuition fee and annual average package in the best MBA colleges in India:

College Names

Total Tuition Fee

Annual Average Package

SIIB Pune

INR 13 lakh - INR 19 lakh

INR 11 LPA - INR 14 LPA

IIM Ahmedabad

INR 25 lakh

INR 32 LPA

IIM Bangalore

INR 25 lakh

INR 33 LPA

IIM Calcutta

INR 25 lakh

INR 31 LPA

IIM Kozhikode

INR 21 lakh

INR 27 LPA

IIM Mumbai

INR 14 lakh

INR 28 LPA

XLRI

INR 29 lakh

INR 30 LPA

Below is the list of best MBA colleges in India and a few top companies that recruit MBA graduates from top MBA institutes in India along with their placement package:

College Names

Placement Package

Top Recruiters

SIIB Pune

INR 25 LPA

Godrej, Axis Bank, Asian Paints, etc.

IIM Ahmedabad

INR 32 LPA

Boston Consultancy, TCS, Axis Bank, Larson and Toubro, etc.

IIM Bangalore

INR 32 LPA

Accenture, Amazon, Paytm, Microsoft, Vedanta, Mckinsey, etc.

IIM Mumbai

INR 28 LPA

RB, Wipro, Synergy Consulting, ICICI Bank, etc.

IIM Kozhikode

INR 27 LPA

Microsoft, Accenture, Amazon, Deloitte, Capgemini, e

Specialization: Top MBA Colleges in India

You have to decide whether you want to do a General MBA and take some specific area of specialization in the second year or want to do a specialized MBA right from the beginning. Many top MBA colleges offer General MBA and very few specialization MBA programs whereas many other MBA colleges offer specialization MBA programs also, such as MBA Finance, MBA HR, MBA Business Analytics, and MBA Rural Management amongst others. The choice has to be made before taking admission.

Specializations

Finance

Information Technology (IT)

Marketing

Human Resource Management (HR)

Operations Management

International Business

Entrepreneurship

Business Analytics

Healthcare Management

Retail Management

Supply Chain Management

Rural Management/ Agri-Business Management

Hospitality Management

Media and Entertainment Management

Public Policy and Administration

Energy and Environment Management

Career Opportunities: Top MBA Colleges in India

An MBA in India is always a strong investment for long-term career growth. Varied specializations and an ever-growing economy have led to abundant opportunities for MBA graduates in virtually all sectors, making it one of the most in-demand postgraduate degrees. This is applicable for any sort of role corporate roles, entrepreneurial ventures, or international exposure; MBA offers skills, networks, and knowledge to succeed in diverse career paths.

An MBA from India has plenty of careers and proper knowledge of career progression for individuals from all sectors of industry. Let's examine in detail the prospects of a career and scope for pursuing an MBA from India.

Fields

Focus

Corporate Sector

An MBA is highly valued across industries, including finance, consulting, technology, healthcare, retail, FMCG, and manufacturing. Roles range from management trainees and analysts to managers and senior executives, depending on one’s specialization and experience.

Public Sector

Many government enterprises and public sector undertakings (PSUs) actively recruit MBA graduates, particularly in roles related to operations, finance, HR, and public policy. The banking and insurance sectors are major employers for MBAs in India.

Entrepreneurship and Startups

With increasing support from government initiatives like Startup India, MBA graduates have a good platform to launch their ventures. Specialized knowledge in entrepreneurship, finance, and marketing helps in starting and growing businesses.

Nonprofit and Social Enterprises

Many MBA graduates choose to work in non-profit organizations, particularly if they have specializations in areas like rural management or public policy.

Top MBA College in India: FAQ

Who are the top MBA colleges in India?

Top 10 MBA Colleges in India:

  1. Indian Institutes of Management (IIMs)
  2. Especially IIM Ahmedabad
  3. IIM Bangalore
  4. IIM Calcutta
  5. Indian School of Business (ISB)
  6. XLRI Jamshedpur
  7. Faculty of Management Studies (FMS) Delhi
  8. SP Jain Institute of Management and Research (SPJIMR)
  9. Management Development Institute (MDI) Gurgaon
  10. Narsee Monjee Institute of Management Studies (NMIMS)

What are the best MBA colleges in India? What are the entrance criteria to get into MBA colleges?

  1. CAT is the most widely accepted entrance exam by top MBA colleges in India, whereas other exams such as GMAT, XAT, or NMAT may be accepted depending on the college.
  2. Admission would also typically include a WAT, GD, and PI besides assessments on academic and work experience.

What is the difference between an IIM MBA and other top MBA programs in India?

  1. IIMs are the best public institutions for MBA in India, characterized by strong selection processes, extensive alumni networks, and significant international recognition.
  2. Private institutions like ISB, XLRI, and SPJIMR have excellent links with the industries and also perform strongly globally and offer greater flexibility in terms of a higher ratio of international faculty.

How much do the top MBA programs in India cost on average?

  1. Fee levels vary significantly across the top programs:
  2. Most IIMs have a student pay package between ₹10-25 lakh for two years.
  3. ISB's one-year MBA program costs around ₹40 lakh.
  4. Private institutes such as SPJIMR, XLRI, and NMIMS charge around ₹15-25 lakh. Public institutions like FMS Delhi have fees as low as ₹2 lakh for the whole program.

What is the likely salary after graduating from top MBA colleges in India?

  1. Graduates from the best MBA colleges in India get around ₹15-30 lakhs per annum as a starting package, with some institutions logging even higher packages.
  2. Packages may also be different depending on specialisation, role, or even industry. Finance and IT sector roles generally fetch much bigger packages.

Which of these colleges offer the following top specializations in MBA?

  1. Popular MBA Specializations include Finance, Marketing, Operations, Human Resource, Business Analytics, Strategy, IT, International Business.
  2. Certain colleges provide niche specializations like Healthcare Management, Agri-Business, and Rural Management.

What is the difference between a two-year MBA and a one-year MBA in India?

  1. Two-year MBA: traditional full-time program for fresh graduates and those with less experience
  2. One year MBA: ISB, as well as some IIMs, offer the same kind of accelerated program; targeted towards experienced professionals, with more than 4 years of experience, and advanced concepts on management.

Are scholarship and financial aid schemes available?

  1. Merit-based scholarships, need-based scholarships, and diversity-based scholarships are available in top MBA colleges in India including IIMs and ISB.
  2. Other corporate sponsorships and banking financial aid for competitive interest rates on education loans.

Do Indian MBA programs have any requirements for work experience?

Most two-year MBA programs do not require work experience, but the top programs, including IIMs and FMS, focus on prior work experience.

Generally, two to five years of prior work experience is required to get into a one-year executive MBA program.

Do Top Indian MBA Colleges Offer International Exposure?

Yes. Most top Indian MBA colleges offer international exchange programmes, which could be a short-term period abroad at universities foreign to one's college, as part of student exchange or other collaborations.

IIM Ahmedabad, IIM Bangalore, and ISB among others regularly collaborate with premier B-schools across the globe for joint programs and dual degrees.

Is there guaranteed placement in top MBA colleges in India?

Placement is not guaranteed. But top MBA colleges in India have very strong placement cells and corporate links that ensure a high placement percentage - nearly always around 100% - to some of the best companies in India and abroad.

How do international students get admission to Indian MBA programs?

Most of the top Indian MBA colleges admit students on the basis of GMAT scores. Furthermore, some institutes offer independent international programs, like ISB.

International candidates are also shortlisted for video conferencing interviews if they cannot make it personally.

Why pursue an MBA from the best Indian colleges?

They offer the benefits of a good alumni network, excellent scope to attract high salaries, opportunities for leadership, and a strong brand image that would create career development not only within India but also abroad.

  • The students coming out from the top-ranking MBA programs in India get recruited in the leading multinational companies and the Fortune 500s. Under consultation, finance, FMCG, and the technology sectors
  • Consider ranking, location, fees, curriculum, placements, faculty, specializations, and alumni network.
  • If possible, visit campuses, attend information sessions, and talk to alumni to get a feel of each college's specific strengths and culture.

What are some of the unique programs offered by the top Indian MBA colleges?

Many of the top colleges offer courses with specialization, executive, and certification in areas like Data Science, Leadership, Social Impact, Entrepreneurship, and Digital Transformation.

Some also offer concurrent degrees and interdisciplinary programs with universities abroad, thus expanding international exposure and learning.

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