Top MBA Colleges in India

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Master of Business Administration or MBA is one among the foremost popular post-graduate programmes in India and abroad. The two-year MBA programme acts as a gateway to a plethora of job and entrepreneurial opportunities. This course provides understanding associated with the administration of the business and managing the business operations. Students from any background, including Science, Commerce and Humanities can pursue MBA. Such students should also possess skills like excellent communication, leadership, problem-solving, management, research-oriented, analytical thinking, eye for detail, goal-oriented & ability to figure struggling , strong mathematical skills, etc. The full-time MBA is that the hottest among all, and includes theory classes, practical projects, and internship. Fresh graduates also as candidates with a couple of years of labor experience choose a full-time MBA.

India is home to a number of the top-rated MBA colleges like Indian Institute of Management (IIM), Ahmedabad; Indian Institute of Management (IIM), Bangalore; Indian Institute of Management (IIM Calcutta), Kolkata; Indian Institute of Management (IIM), Lucknow; Indian Institute of Technology (IIT), Kharagpur; Indian Institute of Management (IIM), Kozhikode; Indian Institute of Management (IIM), Indore; Department of Management Studies (DMS) IIT Delhi, Delhi; XLRI Xavier School of Management, Jamshedpur; Management Development Institute (MDI), Gurgaon, etc. MBA in India are often an honest choice for aspirants trying to find a reasonable fee structure with a high return on investment.

In India, an MBA degree is offered across various specialisations. Some of the most prominent ones are as follows:

  1. General Management
  2. Marketing
  3. Operations Management
  4. Healthcare Analytics
  5. Event Management and PR
  6. Marketing
  7. Finance Management
  8. Marketing
  9. Finance and Marketing
  10. Industrial Engineering

There are approximately 5,200 MBA colleges in India that offer the course in a full-time, part-time, distance-learning and online mode of study. These colleges provide degree, diploma and certificate courses. Out of these the top 20 MBA colleges in India ranked by NIRF offer degree courses in a full-time mode of study.

MBA Eligibility Criteria

The eligibility criteria for MBA course may differ from college to college. However, the basic eligibility criteria to pursue an MBA is as follows:

  1. Candidates must have passed graduation in any discipline or equivalent from a recognised university as a basic eligibility criteria for MBA (full-time).
  2. Most of the institutes follow the minimum score criteria in graduation which is 50 per cent on average or equivalent. Some of the colleges also offer a five per cent relaxation to students from the reserved categories.
  3. Final-year graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

Apart from merit-based admission, many top-ranked MBA colleges in India also accept scores of national- and state-level entrance exams, including CATXATGMATCMATMATNMATATMAIBSATMAH CETSNAP, etc. for MBA admissions.

Although there are plenty of MBA colleges in India, there a few top ones that have been listed by NIRF. Following is a list of top 10 MBA colleges in India ranked by NIRF:

College NameNIRF’20 Ranking
IIM Ahmedabad1
IIM Bangalore2
IIM Calcutta3
IIM Lucknow4
IIT Kharagpur5
IIM Kozhikode6
IIM Indore7
Department of Management Studies (DMS) IIT Delhi, Delhi8
XLRI Xavier School of Management, Jamshedpur9
MDI, Gurgaon10

Following is the list of top 10 MBA colleges in India ranked by Outlook:

College NameOutlook’20 Ranking
IIM Bangalore1
IIM Ahmedabad2
IIM Calcutta3
IIM Indore4
IIM Lucknow5
XLRI Xavier School of Management, Jamshedpur6
MDI Gurgaon7
IIM Kozhikode8
S.P. Jain Institute of Management and Research (SPJIMR), Mumbai9
IIM Trichy10

Following is the list of top 10 MBA colleges in India ranked by Times:

College NameTimes’20 Ranking
IIM Shillong1
IIM Raipur2
IIM Udaipur3
IMT Ghaziabad4
KJ Somaiya Institute of Management, Mumbai5
MDI Gurgaon6
Amity Business School, Noida7
IIM Kashipur8
IIT Kharagpur9
Symbiosis Institute of Business Management (SIBM), Pune10

Here is the list of some of the top private and public MBA Colleges in India:

Private CollegesCourse Fee (in Rs)
XLRI Xavier School of Management, Jamshedpur23,60,000
MDI Gurgaon18,48,000
SPJIMR, Mumbai17,50,000
Public CollegesCourse Fee (in Rs)
IIM Ahmedabad23,00,000
IIM Bangalore18,70,000
IIM Calcutta10,00,000
IIM Lucknow5,96,000
IIT Kharagpur9,26,700

Refer to the infographics below to get a detailed overview of the top seven Cities / States of MBA Colleges in India:


What are the study options after MBA?

MBA graduates can choose from multiple courses to pursue higher education or certification. The popular courses are mentioned below:

  1. Chartered Financial Analyst (CFA)
  2. Financial Risk Manager (FRM) Exam
  3. Certified Information Systems Auditor (CISA)
  4. Certification in Risk Management Assurance (CRMA)
  5. Certified in Production and Inventory Management (CPIM)
  6. Project Management Professional (PMP)
  7. Second MBA from an international business school

MBA Placement Trends

  1. Finance Manager
  2. Marketing Manager
  3. Sales Manager
  4. Human Resources Manager
  5. Operations Manager
  6. Product Manager
  7. Data Analytics Manager
  8. Digital Marketing Manager
  9. Advertising Sales Manager
  10. NGO Manager

Graduates from below top 9 MBA colleges in India get a median salary of Rs 10-20 LPA:

  1. Department of Management Studies (DoMS IIT Madras)
  2. IIM Udaipur
  3. IIM Trichy
  4. IIM Raipur
  5. IIM Ranchi
  6. DMS IIT Delhi
  7. IIM Kozhikode
  8. IIM Indore
  9. IIT Kharagpur

Graduates from below 5 top MBA colleges in India fetch a median salary of Rs 20-30 LPA:

  • Shailesh J. Mehta School of Management (SJMSOM IIT Bombay)
  • IIM Lucknow
  • IIM Bangalore
  • IIM Ahmedabad
  • IIM Calcutta

Graduates from below top 2 MBA colleges in India bag a median salary of more than Rs 10 LPA:

  1. Indian Institute of Technology (IIT Roorkee)
  2. IIT Kanpur

Refer to the infographic below to get a detailed overview of the median salary for MBA Colleges in India:

Top Recruiters for MBA Grad.uates

MBA graduates from all the domains are in high demand. All organisations, big or small, private or government, hire MBA degree holders in various capacities. Below is the list of few top companies in India that recruit MBA postgraduates along with their placement ratings:

CollegesPlacement Ratings (Based on Reviews)Top Recruiters
IIM Bangalore4.83M, A T Kearney, Abbot, Accenture, Acura, Adani Group, Aditya Birla Group, Amazon.com, American Express, Arthur D Little, Arvind Brands, Asian Paints, Askmebazaar.com, AVIVA, Axis Bank, Barclays Capital, Biocon, Capital One, Citigroup, Cognizant, Deloitte Consulting, Deutsche Bank, Google, HDFC Bank, Heinz, Hindustan Unilever, HSBC, Hyundai, IBM, ICICI, ITC, JP Morgan Chase, McKinsey, Morgan Stanley, Nerolac, Nomura, Philips India, Practo, Urban Clap
IIM Calcutta4.7Dabur, Dell, Deloitte Consulting, Deutsche Bank, MU Sigma, NOKIA, NTPC, Oracle, UBS, Union Bank of India, Unisys India, Unitech, US Technologies, Viacom 18, Virgin Mobile India, Virtusa, Whirlpool, Wipro, WNS Global Services, Yes Bank
IIM Ahmedabad4.6A T Kearney, Accenture, Airtel, Amazon.com, American Express, Bain and Company, Barclays Capital, Citigroup, Cognizant, Deloitte Consulting, Deutsche Bank, Ericsson India, EXL Services, Flipkart, Genpact, Goldman Sachs, Google, Grofers, Hindustan Unilever, HSBC, Infosys, KPMG, Microsoft, Reckitt Benckiser
IIM Lucknow4.6Aditya Birla Group, American Express, Asian Paints, Axis Bank, Bank of America, Cadbury, CITI Bank, CITI Financial, Coca-Cola, Colgate Palmolive, Dabur, ebay, Genpact, Godrej, Hewitt, Hewlett Packard, HSBC, HT Media, IBM, ICICI, Inductis, Infosys, McKinsey, Microsoft, Nestle, NSE, SAP, Yahoo
IIT Kharagpur4.5Accenture, American Express, BCG, Bosch Ltd, Capital One, Deloitte, Deutsche Bank, EXL Services, Facebook, Ford Motors, Goldman Sachs, IBM, Kepler Canon, KPMG, LinkedIn, Microsoft, Morgan Stanley, PWC, Samsung, UBS, VISA, ZS Associates

How affordable is studying MBA in India?

  1. IIT Kanpur
  2. DMS IIT Delhi
  3. IIM Lucknow
  4. IIT Roorkee
  5. National Institute of Industrial Engineering (NITIE Mumbai)
  6. DoMS IIT Madras
  7. SJMSOM IIT Bombay
  8. IIM Kozhikode
  9. IIT Kharagpur
  10. IIM Calcutta

Around 31% MBA colleges have fee structure that ranges from Rs 10-20 lakh. Some of these colleges are:

  1. IIM Udaipur
  2. IIM Raipur
  3. IIM Ranchi
  4. IIM Indore
  5. IIM Bangalore

Around 6% MBA colleges have fee structure of more than Rs 20 lakh. Some of these colleges are:

  1. IIM Ahmedabad

Refer to the info-graphic below to get a detailed overview of the break-up of MBA colleges in India based on fee:

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