Top MBA Colleges in India

MBA and PGDM from the best business schools are the programs that have the highest ROI the moment we talk about professional education across the globe. Completing an MBA degree from a top business school is the vision of every student. IIM Ahmedabad, IIM-Bangalore, IIM Calcutta are ranked among the Top three MBA colleges in India on numerous factors in virtually all the rankings, though the fee structure at these top business schools is very high, almost more than 23 lakhs for the course. While the FMS (Faculty of Management Studies DU), is one of the top MBA colleges in India with Fee structure as low as Rs. 200,000 with better ROI than most of the IIMs.

The total number of Management Institutions are as follows:

Total Number of MBA, MMS, and PGDM colleges	6200
Total Number of colleges offering MBA and MMS	5750
Total Number of colleges offering PGDM	450
Total Number of Govt. Colleges offering MBA	1050
Total Number of Private Colleges Offering MBA	5150
The above numbers may vary from time to time.

List of Top Colleges Offering MBA/PGDM/MMS

S.No	College	City
1	IIM-A	Ahmedabad
2	IIM-B	Bengaluru
3	IIM-C	Kolkata
4	IIM Kozhikode	Kozhikode
5	IIM Indore	Indore
6	IIM Lucknow	Lucknow
7	XLRI	Jamshedpur
8	IIT Kharagpur	Kharagpur
9	IIT Bombay	Bombay
10	MDI	Gurugram
11	NIIE Mumbai	Mumbai
12	IIT Madras	Madras
13	IIT Roorkee	Roorkee
14	IIM Raipur	Raipur
15	IIT Kanpur	Kanpur
16	IIM Tiruchirappalli	Tiruchirappalli
17	IIM Udaipur	Udaipur
18	SPIJMR	Mumbai
19	SIBM	Pune
20	NMIMS	Mumbai
21	IIM Shillong	Shillong
22	Great Lakes	Chennai
23	IIFT	New Delhi
24	ICFAI	Hyderabad
25	IIM Rohtak	Rohtak
26	IIT Dhanbad	Dhanbad
27	KIIT	Bhubaneswar
28	TAPMI	Manipal
29	IIM Kashipur	Kashipur
30	Xavier University	Bhubaneswar
31	GIM	Goa
32	LPU	Punjab
33	KLCE	Vaddeswaram
34	IMT	Ghaziabad
35	IIM Nagpur	Nagpur
36	BML Munjal University	Gurgaon
37	TIET	Patiala
38	Fore School of Management	New Delhi
39	BIMT	Greater Noida
40	Chandigarh University	Mohali
41	Taxila Business School	Jaipur
42	UPES	Dehradun
43	BHU	Varanasi
44	NIT Tiruchirappalli	Tiruchirappalli
45	Aligarh Muslim University	Aligarh
46	KREA University	Sri City, Chittoor
47	Guru Gobind Singh Indraprastha University	New Delhi
48	International Management Institute	Kolkata
49	PSG College of Technology	Coimbatore
50	Chitkara University	Rajpura

IIM-A has been usually considered as the best MBA college. IIM-A has great professors, talented alumni, and good placements which makes it a top MBA College. Recently IIM-B has been shown better than IIM- A in international and few national rankings. It has popped up as a strong contender to IIM-A.

IIM Calcutta, XLRI, and NMIMS are a few MBA institutions that are among the list of top 50 MBA colleges. Other best MBA colleges include MDI, JBIMS, FMS, IMI, IMT, TAXILA, SPJIMR ETC.

Here is a list of some best MBA colleges include both Government and Private Business schools.

List of Top MBA Colleges (Government):

1. IIM-A
2. IIM-B
3. IIM-C
4. FMS-DU
5. IIM-K

List of Top MBA colleges (Private):

1. ISB-Hyderabad
2. XLRI-Jamshedpur
3. NMIMS
4. SPJIMR
5. TAXILA

The most important factor while selecting the best MBA College is the ROI of the program. The ROI should not be considered as Fee divided by placement package. This could be misleading, rather MBAROI should be taken as long-term benefits of the program. Generally, all top business Schools should make you Corepati or Millionaire within 5 to 8 years of your MBA.

The other factor that is considered for Best MBA College is the pool of professors, curriculum, and pedagogy. Generally, all top b schools have internationally accredited professors. Infrastructure also plays a major role while selecting the top business school. 

Some common MBA Specialisations offered by these Top MBA Colleges in India

1. Business Analytics
2. Consultancy
3. Supply Chain Management
4. Finance
5. Sales & Marketing
6. Human Resources
7. Operations
8. IT & Systems
9. International Business
10. Entrepreneurship

Best MBA Colleges in India: Admission Eligibility Criteria:

For admission to the MBA/PGDM course, the students should have a minimum of 50% marks in Graduation from a recognized university. For SC/ST & other backward classes, it is 45%.

Aspirants must have passed graduation or should be in the final year in any discipline or equivalent from a recognized university as the minimum eligibility criteria for MBA. Specialized degree holders such as MBBS/CA/CS/ICWAI, etc. are also eligible to pursue MBA.

Also Read:- IIM Call Predictor

Which are the MBA Entrance Exams Accepted by Top MBA Colleges in India?

Aspirants need to appear for any of these tests based on the college requirement. These entrance exams are also known as the top national-level MBA entrance exams which are approved by AICTE for admission to MBA/PGDM colleges. As per AICTE, the following exams are acceptable by the top MBA colleges in India.

1. CAT
2. XAT
3. GMAT
4. CMAT
5. MAT
6. ATMA.

Apart from the above NMAT, SNAP and IBSAT are for a few specific colleges/ Universities.

Frequently Asked Questions on Top MBA Colleges in India

Q: Which are the top MBA colleges in India?
A: The top MBA College in India is IIM-Ahmedabad, followed by IIM-Bangalore. IIM C is on number 3.

Q: Which is better for MBA? Government or Private B School.
A: This depends on the candidate. All MBA institutions that are approved by UGC or AICTE are good, as they offer an up-to-date syllabus. Generally, there is not much difference in the fee structure offered by Govt or Private Business schools.

Q: How to decide which college is the best MBA college in India?
A: While choosing the Best MBA College in India, the candidate should keep in mind the following:

1. Government recognition
2. Curriculum and pedagogy
3. Infrastructure,
4. MBAROI.in ranking,
5. Fees
6. Placement records.

Q: Which are the best MBA colleges in India other than IIMs?
A: Apart from IIMs, FMS- DU, MDI Gurgaon, SPJIMR Mumbai, IMI Delhi, IIFM Bhopal, XLRI, Department of Management studies of the IITs, FORE, TAXILA BUSINESS SCHOOL NMIMS, SIBM etc are top business schools in India. 

Q: What are the specializations offered by top b-school in India?
A: Most of the MBA colleges offer dual major specializations. Following is the list of major specializations offered:

1. Business Analytics
2. Consultancy
3. Supply Chain Management
4. Finance
5. Sales & Marketing
6. Human Resources
7. Operations
8. IT & Systems
9. International Business
10. Entrepreneurship
11. Industrial Engineering

Q: Which are the best MBA colleges in India based on placements?
A: Top five MBA institutions in India based on placements are:

1. IIM-B
2. IIM-A
3. IIM-C
4. IIM L
5. ISB H

Q: What are the different entrance exams for MBA in India?
A: The top national-level MBA entrance exams approved by AICTE for admission to MBA/PGDM are as below:

1. CAT
2. XAT
3. GMAT
4. CMAT
5. MAT
6. ATMA.

Apart from the above NMAT, SNAP and IBSAT are for a few specific colleges/ Universities.

Also Read: Top MBA Entrance Exams 2021-22