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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 colleges6200
Total Number of colleges offering MBA and MMS5750
Total Number of colleges offering PGDM450
Total Number of Govt. Colleges offering MBA1050
Total Number of Private Colleges offering MBA5150
The above numbers may vary from time to time.

List of Top Colleges Offering MBA/PGDM/MMS

S.NoCollegeCity
1IIM-AAhmedabad
2IIM-BBengaluru
3IIM-CKolkata
4IIM KozhikodeKozhikode
5IIM IndoreIndore
6IIM LucknowLucknow
7XLRIJamshedpur
8IIT KharagpurKharagpur
9IIT BombayBombay
10MDIGurugram
11NIIE MumbaiMumbai
12IIT MadrasMadras
13IIT RoorkeeRoorkee
14IIM RaipurRaipur
15IIT KanpurKanpur
16IIM TiruchirappalliTiruchirappalli
17IIM UdaipurUdaipur
18SPIJMRMumbai
19SIBMPune
20NMIMSMumbai
21IIM ShillongShillong
22Great LakesChennai
23IIFTNew Delhi
24ICFAIHyderabad
25IIM RohtakRohtak
26IIT DhanbadDhanbad
27KIITBhubaneswar
28TAPMIManipal
29IIM KashipurKashipur
30Xavier UniversityBhubaneswar
31GIMGoa
32LPUPunjab
33KLCEVaddeswaram
34IMTGhaziabad
35IIM NagpurNagpur
36BML Munjal UniversityGurgaon
37TIETPatiala
38Fore School of ManagementNew Delhi
39BIMTGreater Noida
40Chandigarh UniversityMohali
41Taxila Business SchoolJaipur
42UPESDehradun
43BHUVaranasi
44NIT TiruchirappalliTiruchirappalli
45Aligarh Muslim UniversityAligarh
46KREA UniversitySri City, Chittoor
47Guru Gobind Singh Indraprastha UniversityNew Delhi
48 International Management InstituteKolkata
49PSG College of TechnologyCoimbatore
50Chitkara UniversityRajpura

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 which 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 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

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