Based on an extensive research, here, you will be proficiently guided by expert opinions and industry experience with respect to MBA admissions 2024. The important parameters and the methodology used by IIRF and these honorable organizations are regarded as India’s most credible B-school Rankings. NIRF rankings are out and IIMs still lead the charts but XLRI, MDI, SPJIMR, and IMT have unwaveringly retained their leadership, in spite of hard competition.
Ranking of Best 10 MBA Colleges in India
Rank | Institute Name | Placement | Fees |
1 | Indian Institute of Management - Ahmedabad | 35.68 LPA | 33.00 Lakh |
2 | Indian Institute of Management - Bengaluru | 35.31 LPA | 24.50 Lakh |
3 | Indian Institute of Management - Kozhikode | 31.02 LPA | 22.50 Lakh |
4 | Indian Institute of Technology - Delhi | 24.45 LPA | 12.00 Lakh |
5 | Indian Institute of Management - Calcutta | 35.07 LPA | 31.00 Lakh |
6 | Indian Institute of Management - Mumbai | 25.40 LPA | 21.00 Lakh |
7 | Indian Institute of Management - Lucknow | 32.23 LPA | 20.30 Lakh |
8 | Indian Institute of Management - Indore | 30.21 LPA | 11.04 Lakh |
9 | XLRI, Jamshedpur | 28.29 LPA | 23.15 Lakh |
10 | Indian Institute of Technology - Mumbai | 28.88 LPA | 21.10 Lakh |
Factors Considering the Ranking of Top 10 MBA Colleges 2024
NIRF considered many vital aspects before releasing the list of the top 10 business schools in India. Colleges that perform best in all aspects appear on the list. Most people think about the placements but that is not the only criterion to enter in list of top 10 b schools in India. There are a total of 5 factors and each carries 100 marks and colleges with higher marks appear in the ranking. Below are the 5 factors considered by the NIRF for rankings -
No. | Parameter | Marks | Weightage |
1 | Teaching, Learning & Resource (TLR) | 100 | 0.3 |
2 | Research, Professional Practice &Collaborative Performance (RPC) | 100 | 0.3 |
3 | Graduation Outcome (GI) | 100 | 0.15 |
4 | Outreach and Inclusivity (OI) | 100 | 0.15 |
5 | Perception (PR) | 100 | 0.1 |
- Above mentioned 5 parameters include these aspects -Placements of Batch
- Reputation of Companies
- Alumni Network
- Research and Publication
- Global Recognition
- Faculty
- Infrastructure
- Career Opportunities
- Entrepreneurship
- Institute Reputation
Eligibility Criteria for Top 10 B School of India
- Candidates need to have a graduation degree from a recognised university or institute in India.
- A minimum of 50% marks are required in a bachelor's degree or equivalent.
- Candidates need to appear in the Common Admission Test (CAT) for admission to the top 10 management institutes of India. Only for XLRI candidates can also take admission via XAT.
- Scores of GMAT are also accepted by the colleges.
- There is no maximum age limit for admission to these institutes.
- Candidates with work experience are more likely to get admission instead of fresher people.
- All the top 10 business school have their Group discussion and personal interview rounds for admissions.
Top 10 Government MBA Colleges in India
The list of top government MBA colleges is always filled with the IIMs but in 2024 some IITs have surpassed the IIMs. Department of Management Studies of IIT Delhi has secured the 4th rank by beating IIM Calcutta and Mumbai. Due to poor performance in the 2024 placement, IIM Calcutta has been shited to the 5th position. IIT Mumbai defeated the IIFT, and baby IIMs to enter the top 10 list. The good news is that all the government MBA colleges on the list have successfully placed their student with an average package of more than 18.75 LPA.
Rank | Institute Name | Placement | Fees |
1 | Indian Institute of Management - Ahmedabad | 35.68 LPA | 33.00 Lakh |
2 | Indian Institute of Management - Bengaluru | 35.31 LPA | 24.50 Lakh |
3 | Indian Institute of Management - Kozhikode | 31.02 LPA | 22.50 Lakh |
4 | Indian Institute of Technology - Delhi | 24.45 LPA | 12.00 Lakh |
5 | Indian Institute of Management - Calcutta | 35.07 LPA | 31.00 Lakh |
6 | Indian Institute of Management - Mumbai | 25.40 LPA | 21.00 Lakh |
7 | Indian Institute of Management - Lucknow | 32.23 LPA | 20.30 Lakh |
8 | Indian Institute of Management - Indore | 30.21 LPA | 11.04 Lakh |
9 | Indian Institute of Technology - Mumbai | 28.88 LPA | 21.10 Lakh |
10 | Indian Institute of Management - Rohtak | 18.74 LPA | 8.95 Lakh |
Best 10 Private Business Schools of India in 2025
Rank | Institute Name | Placement | Fees |
1 | XLRI, Jamshedpur | 28.29 LPA | 23.15 Lakh |
2 | Management Development Institute - Gurugram | 26.18 LPA | 16.70 Lakh |
3 | Symbiosis Institute of Business Management | 28.16 LPA | 24.20 Lakh |
4 | Amrita Vishwa Vidyapeetham | 8.33 LPA | 7.90 Lakh |
5 | S. P. Jain Institute of Management and Research - Mumbai | 33.00 LPA | 21.00 Lakh |
6 | SVKM`s Narsee Monjee Institute of Management Studies - Mumbai | 25.13 LPA | 11.95 Lakh |
7 | MICA - Ahmedabad | 17.45 LPA | 23.00 Lakh |
8 | Great Lakes Institute of Management - Chennai | 15.10 LPA | 20.80 Lakh |
9 | Institute of Management Technology - Ghaziabad | 17.35 LPA | 21.53 Lakh |
10 | Chandigarh University - Mohali | 7.80 LPA | 5.56 Lakh |
Placement Wise Top 10 B Schools of Country
Rank | Institute Name | Placement | Placement(%) |
1 | Indian Institute of Management - Ahmedabad | 35.68 LPA | 100% |
2 | Indian Institute of Management - Bengaluru | 35.31 LPA | 100% |
3 | Indian Institute of Management - Calcutta | 35.07 LPA | 100% |
4 | S. P. Jain Institute of Management and Research | 33.00 LPA | 100% |
5 | Indian Institute of Management – Lucknow | 32.23 LPA | 100% |
6 | Indian Institute of Management – Kozhikode | 31.02 LPA | 100% |
7 | Indian Institute of Management – Indore | 30.21 LPA | 100% |
8 | Indian Institute of Technology – Mumbai | 28.88 LPA | 100% |
9 | Xavier Institute of Management - Bhubaneswar | 28.29 LPA | 100% |
10 | Symbiosis Institute of Business Management | 28.16 LPA | 100% |
Employement Rate Wise Best 10 B-Schools in India
Rank | MBA Colleges | State |
1 | XLRI-Xavier Labour Relations Institute, Jamshedpur | Jharkhand |
2 | MDI-Management Development Institute, Gurgaon | Haryana |
3 | SPJIMR-S P Jain Institute of Management & Research, Mumbai | Maharashtra |
4 | SIBM-Symbiosis Institute of Business Management, Pune | Maharashtra |
5 | Taxila Business School, Jaipur | Rajasthan |
6 | XIMB-Xavier Institute of Management, XIM University, Bhubaneswar | Odisha |
7 | NMIMS School of Business Management, Mumbai | Maharashtra |
8 | IMI-International Management Institute, New Delhi | Delhi |
9 | MICA, Ahmedabad | Gujarat |
10 | IMT-Institute of Management Technology, Ghaziabad | Uttar Pradesh |
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