With the release of NIRF Rankings 2023 in June 2023, the Indian Institutes of
Management
(IIMs) &
Indian Institutes of Technology (IITs) have emerged as the top MBA colleges in
India
once
again. Barring
IIMs & IITs, ISB Hyderabad, XLRI-Xavier School of Management Jamshedpur,
Management
Development
Institute Gurgaon, Symbiosis Institute of Business Management Pune, S.P. Jain
Institute of
Management
& Research Mumbai, etc. are amongst the top MBA colleges in India 2023.
Many of the MBA colleges have managed to retain their positions as compared to
NIRF
Rankings
2022, with a
few new entrants on the list. Taking admission to top MBA colleges in India is
extremely
difficult with
the number of MBA aspirants increasing year on year. Luckily, there are many top
private MBA
colleges in
India today, to cater to the increasing demand for Management education in the
country.
Admission to most MBA colleges is offered on the basis of an entrance test,
followed
by a
Group
Discussion (GD), Personal Interview (PI), and Written Aptitude Test (WAT). Some
of
the most
popular MBA
entrance exams in India include CAT, MAT, CMAT, NMAT by GMAC, XAT, SNAP, GMAT,
MAH
MBA CET,
IIFT exam,
etc. Check out the important details about top MBA colleges in India 2023 that
are
going to
help you
pick the right one!
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Top MBA Colleges in India Highlights 2023
Here are some major highlights of top MBA colleges in India.
Best MBA Colleges in India: Highlights 2023
Parameters
|
Details
|
Accreditation of MBA Colleges
|
AICTE & UGC
|
Governing Body of MBA Colleges
|
- Board of Management Studies, Government
of
India
- All India Council for Technical Education
|
No. of MBA Colleges in India
|
5,000+ (Government & Private)
|
Degrees Offered by Top MBA Colleges in India
|
- MBA (Master of Business Administration)
- PGDM (Postgraduate Diploma in Management)
- PGP (Postgraduate Programme in
Management)
- PGPM (Postgraduate Programme in
Management)
- MMS (Master of Management Studies)
|
MBA Eligibility Criteria in Top MBA Colleges
|
- Bachelor’s degree in any stream with
50-60%
marks.
- A valid scorecard in MBA entrance exams
accepted by
the college.
- Final-year students are also eligible to
apply.
|
MBA Admission Process
|
- Through MBA entrance exams followed by
GD/PI
&
WAT rounds.
- Direct admission on the basis of
educational
qualification.
|
Average MBA Colleges Fees in India
|
- IIMs: Rs 11.75 LPA to Rs 32 LPA
- Private Colleges: Rs 6 LPA to Rs 30 LPA
- Government Colleges: Rs 20,000 PA
to Rs
20 LPA
|
Top Specialisations Offered by MBA Colleges
|
- MBA in Human Resources
- MBA in Information Technology
- MBA in Marketing
- MBA in Sales & Advertising
- MBA in Digital Marketing
- MBA in Business Analytics
- MBA in Banking & Finance
- MBA in International Trade
|
Types of Management Courses in India
In India, there are multiple management programmes that one can pursue. Check out
the
table
below for
some of the popular Management courses offered by top MBA colleges in India.
Top Management Courses in India with Duration
Course Name
|
Popular Course Name
|
Duration
|
Master of Business Administration
|
MBA
|
2 Years
|
Postgraduate Diploma in Management
|
PGDA
|
1/ 2 Years
|
Master of Management Studies
|
MMS
|
1 Year
|
Postgraduate Programme in Management
|
PGPM
|
1 Year
|
Postgraduate Programme in Management
|
PGP
|
1 Year
|
Top 10 MBA Colleges in India: NIRF Ranking 2023
NIRF has shortlisted the top 10 MBA colleges in India 2023, which mostly includes
the
IIMs
and IITs.
NITIE Mumbai and XLRI Jamshedpur are the only two non-IIM & non-IIT to be
listed
in the
top 10.
Following are the top 10 MBA colleges in India, according to the NIRF Ranking
2023:
NIRF Ranking 2023 of Top 10 MBA Colleges in India
College Name
|
State
|
Score
|
Rank
|
IIM
Ahmedabad
|
Gujarat
|
83.20
|
1
|
IIM Bangalore
|
Karnataka
|
80.89
|
2
|
IIM Kozhikode
|
Kerala
|
76.48
|
3
|
IIM
Calcutta
|
West Bengal
|
75.53
|
4
|
IIT Delhi
|
New Delhi
|
74.14
|
5
|
IIM Lucknow
|
Uttar Pradesh
|
74.11
|
6
|
NITIE
Mumbai
|
Maharashtra
|
71.99
|
7
|
IIM Indore
|
Madhya Pradesh
|
71.95
|
8
|
XLRI Jamshedpur
|
Jharkhand
|
70.75
|
9
|
IIT
Bombay
|
Maharashtra
|
68.11
|
10
|
Top 100 MBA Colleges in India: NIRF Ranking 2023
The list of top 100 MBA colleges in India was recently released based on NIRF
Ranking
2023.
Students
looking for admission to MBA courses in 2023 can target any of the following top
MBA
colleges in India
2023 for admissions.
NIRF Ranking 2023 of Best MBA Colleges in India
College Name
|
State
|
Score
|
Rank
|
IIM Ahmedabad
|
Gujarat
|
83.20
|
1
|
IIM
Bangalore
|
Karnataka
|
80.89
|
2
|
IIM Kozhikode
|
Kerala
|
76.48
|
3
|
IIM Calcutta
|
West Bengal
|
75.53
|
4
|
IIT
Delhi
|
Delhi
|
74.14
|
5
|
IIM Lucknow
|
Uttar Pradesh
|
74.11
|
6
|
National Institute of Industrial Engineering, Mumbai
|
Maharashtra
|
71.99
|
7
|
IIM Indore
|
Madhya Pradesh
|
71.95
|
8
|
XLRI
Jamshedpur
|
Jharkhand
|
70.75
|
9
|
IIT Bombay
|
Maharashtra
|
68.11
|
10
|
IIM Raipur
|
Chhattisgarh
|
66.18
|
11
|
IIM Rohtak
|
Haryana
|
65.88
|
12
|
MDI
Gurgaon
|
Haryana
|
64.88
|
13
|
IIT Kharagpur
|
West Bengal
|
63.92
|
14
|
IIT Madras
|
Tamil Nadu
|
62.83
|
15
|
IIM
Udaipur
|
Rajasthan
|
62.78
|
16
|
Symbiosis Institute of Business Management, Pune
|
Maharashtra
|
62.74
|
17
|
IIT Roorkee
|
Uttarakhand
|
62.14
|
18
|
IIM Kashipur
|
Uttarakhand
|
61.07
|
19
|
S.P.
Jain
Institute of
Management & Research
|
Maharashtra
|
60.91
|
20
|
NMIMS Mumbai
|
Maharashtra
|
60.84
|
21
|
IIM Trichy
|
Tamil Nadu
|
60.83
|
22
|
IIT Kanpur
|
Uttar Pradesh
|
60.63
|
23
|
IIM
Ranchi
|
Jharkhand
|
59.99
|
24
|
Jamia Millia Islamia, New Delhi
|
Delhi
|
59.78
|
25
|
IIM Shillong
|
Meghalaya
|
59.12
|
26
|
IIFT Delhi
|
Delhi
|
58.60
|
27
|
Amity
University Noida
|
Uttar Pradesh
|
58.56
|
28
|
IIM Visakhapatnam
|
Andhra Pradesh
|
57.57
|
29
|
Amrita Vishwa Vidyapeetham, Coimbatore
|
Tamil Nadu
|
57.02
|
30
|
Great Lakes Institute of Management, Chennai
|
Tamil Nadu
|
56.62
|
31
|
LPU
Jalandhar
|
Punjab
|
56.44
|
32
|
Goa Institute of Management, Sanquelim
|
Goa
|
56.28
|
33
|
IMI Delhi
|
Delhi
|
56.05
|
34
|
NIT Trichy
|
Tamil Nadu
|
56.01
|
35
|
Chandigarh University, Mohali
|
Punjab
|
55.98
|
36
|
MICA
Ahmedabad
|
Gujarat
|
55.47
|
37
|
IMT Ghaziabad
|
Uttar Pradesh
|
55.26
|
38
|
UPES, Dehradun
|
Uttarakhand
|
54.83
|
39
|
ICFAI
Foundation for
Higher Education, Hyderabad
|
Telangana
|
54.29
|
40
|
IIM Jammu
|
Jammu and Kashmir
|
54.17
|
41
|
TAPMI, Manipal
|
Karnataka
|
53.48
|
42
|
IIM Nagpur
|
Maharashtra
|
53.41
|
43
|
IIT (Indian School of Mines) Dhanbad
|
Jharkhand
|
52.64
|
44
|
K
J
Somaiya
Institute of
Management Studies and Research, Mumbai
|
Maharashtra
|
52.14
|
45
|
XIM Bhubaneswar
|
Odisha
|
52.09
|
46
|
Jaipuria Institute of Management, Noida
|
Uttar Pradesh
|
51.81
|
47
|
Birla Institute of Management Technology, Greater Noida
|
Uttar Pradesh
|
51.74
|
48
|
Thapar
Institute of Engineering and Technology, Patiala
|
Punjab
|
51.67
|
49
|
Anna University, Chennai
|
Tamil Nadu
|
51.67
|
49
|
IIM Amritsar
|
Punjab
|
51.30
|
51
|
Koneru Lakshmaiah Education Foundation University (K L
College of
Engineering),
Vaddeswaram
|
Andhra Pradesh
|
51.29
|
52
|
IIM
Bodh
Gaya
|
Bihar
|
51.28
|
53
|
Institute of Rural Management Anand
|
Gujarat
|
51.19
|
54
|
Aligarh Muslim University, Aligarh
|
Uttar Pradesh
|
51.18
|
55
|
Banaras Hindu University, Varanasi
|
Uttar Pradesh
|
51.07
|
56
|
Siksha `O` Anusandhan, Bhubaneswar
|
Odisha
|
51.03
|
57
|
IIM
Sambalpur
|
Odisha
|
50.90
|
58
|
KIIT, Bhubaneswar
|
Odisha
|
50.78
|
59
|
Christ University, Bengaluru
|
Karnataka
|
50.69
|
60
|
Nirma University, Ahmedabad
|
Gujarat
|
50.04
|
61
|
Great
Lakes
Institute of Management, Gurgaon
|
Haryana
|
49.95
|
62
|
Fore School of Management, New Delhi
|
Delhi
|
49.85
|
63
|
Chitkara University, Rajpura
|
Punjab
|
49.80
|
64
|
Graphic Era University, Dehradun
|
Uttarakhand
|
49.77
|
65
|
Guru
Gobind
Singh
Indraprastha University, New Delhi
|
Delhi
|
49.71
|
66
|
International Management Institute, Bhubaneswar
|
Odisha
|
49.30
|
67
|
Atal Bihari Vajpayee Indian Institute of Information
Technology
and
Management,
Gwalior
|
Madhya Pradesh
|
49.13
|
68
|
Malaviya
National
Institute of Technology, Jaipur
|
Rajasthan
|
48.98
|
69
|
International Management Institute, Kolkata
|
West Bengal
|
48.43
|
70
|
Saveetha Institute of Medical and Technical Sciences, Chennai
|
Tamil Nadu
|
48.34
|
71
|
BML Munjal University, Gurgaon
|
Haryana
|
48.27
|
72
|
Principal
L N Welingkar Institute of Management Development and
Research,
Mumbai
|
Maharashtra
|
48.21
|
73
|
Krea University, Sri City, Chittoor
|
Andhra Pradesh
|
48.00
|
74
|
National Institute of Technology, Kozhikode
|
Kerala
|
47.99
|
75
|
National Institute of Bank Management, Pune
|
Maharashtra
|
47.08
|
76
|
Birla
Institute
of
Technology, Ranchi
|
Jharkhand
|
46.96
|
77
|
Babasaheb Bhimrao Ambedkar University, Lucknow
|
Uttar Pradesh
|
46.61
|
78
|
Manipal University, Jaipur
|
Rajasthan
|
46.23
|
79
|
Jaipuria Institute of Management, Jaipur
|
Rajasthan
|
46.15
|
80
|
Amity
University, Gurgaon
|
Haryana
|
46.07
|
81
|
Panjab University, Chandigarh
|
Chandigarh
|
46.05
|
82
|
Rajagiri Business School, Cochin
|
Kerala
|
46.03
|
83
|
Institute of Management Technology, Hyderabad
|
Telangana
|
45.78
|
84
|
Jain
University,
Bengaluru
|
Karnataka
|
45.63
|
85
|
Bharathidasan Institute of Management, Tiruchirappalli
|
Tamil Nadu
|
45.59
|
86
|
Alliance University, Bengaluru
|
Karnataka
|
45.55
|
87
|
Jagan Institute of Management Studies, Delhi
|
Delhi
|
45.54
|
88
|
PSG
College
of Technology, Coimbatore
|
Tamil Nadu
|
45.44
|
89
|
Thiagarajar School of Management, Madurai
|
Tamil Nadu
|
44.79
|
90
|
Galgotias University, Gautam Budh Nagar
|
Uttar Pradesh
|
44.30
|
91
|
Jaipuria Institute of Management, Lucknow
|
Uttar Pradesh
|
44.22
|
92
|
Tezpur
University,
Tezpur
|
Assam
|
44.01
|
93
|
Pandit Deendayal Energy University, Gandhinagar
|
Gujarat
|
43.92
|
94
|
Visvesvaraya Technological University, Belgaum
|
Karnataka
|
43.84
|
95
|
Jamia Hamdard, New Delhi
|
Delhi
|
43.74
|
96
|
National
Institute of Agricultural Extension Management,
Hyderabad
|
Telangana
|
43.47
|
97
|
IIM Sirmaur
|
Himachal Pradesh
|
43.26
|
98
|
New Delhi Institute Of Management, Delhi
|
Delhi
|
42.61
|
99
|
Guru
Jambheshwar University of Science and Technology,
Hisar
|
Haryana
|
42.13
|
100
|
Top 10 MBA Colleges in India: NIRF Ranking 2020, 2021, 2022, 2023
The NIRF rankings of MBA colleges are published every year based on factors like
graduation
rate,
research and professional practices, teaching and learning resources, and the
overall
impression of the
institution. Following is a list of the top 10 MBA colleges in India as per NIRF
ranking
2020, 2021,
2022 & 2023.
Best MBA Colleges In India: Previous Years' NIRF Ranking
College Name
|
NIRF 2023
|
NIRF 2022
|
NIRF 2021
|
NIRF 2020
|
IIM Ahmedabad
|
1
|
1
|
1
|
1
|
IIM
Lucknow
|
6
|
6
|
7
|
4
|
IIM Calcutta
|
4
|
3
|
3
|
3
|
IIM Bangalore
|
2
|
2
|
2
|
2
|
IIT Delhi
|
5
|
4
|
5
|
8
|
IIM
Kozhikode
|
3
|
5
|
4
|
6
|
XLRI Jamshedpur
|
9
|
8
|
8
|
9
|
IIM Indore
|
8
|
7
|
6
|
7
|
IIT
Madras
|
15
|
10
|
13
|
14
|
NITIE Mumbai
|
7
|
9
|
12
|
12
|
Top 10 Govt MBA Colleges in India: NIRF Ranking 2023
There are a large number of government MBA colleges in India that are known for
offering
excellent
education, world-class pedagogy, impressive infrastructure, great placements,
and
other
facilities.
Below we have listed down top 10 government MBA colleges in India based on their
NIRF
Ranking 2023.
NIRF Ranking 2023 of Top 10 Government MBA Colleges in India
Name of the College
|
NIRF Ranking 2023
|
Indian Institute of Management Ahmedabad
|
1
|
Indian Institute of Management Bangalore
|
2
|
Indian Institute of Management Kozhikode
|
3
|
Indian Institute of Management Calcutta
|
4
|
Indian Institute of Technology Delhi
|
5
|
Indian Institute of Management Lucknow
|
6
|
National Institute of Industrial Engineering
|
7
|
Indian
Institute of
Management Indore
|
8
|
Indian Institute of Technology Bombay
|
10
|
Indian
Institute of
Management Raipur
|
11
|
Top 10 Private MBA Colleges in India: NIRF Ranking 2023
India has over 2900 private MBA colleges offering various management programs in
different
specialisations. Find below the list of top 10 private MBA colleges in India
based
on their
NIRF ranking
2023.
NIRF Ranking 2023 of 10 Best Private MBA Colleges in India
Placements Offered by Top MBA Colleges in India
IIMs, IITs, and other top colleges like FMS Delhi, XLRI, SPJIMR, MDI, IIFT, MICA,
etc. offer
excellent
placement packages to students. Check out the average MBA salary offered by top
MBA
colleges
in 2023.
Placement-Wise Top MBA Colleges in India
College Name
|
Average MBA Salary 2023
|
Average MBA Salary 2022
|
Average MBA Salary 2021
|
Top Companies Offering Placements
|
IIM Ahmedabad
|
Rs 36.2 LPA
|
Rs 32.80 LPA
|
Rs 27.54 LPA
|
- Airtel
- Accenture
- Grofers
- Flipkart
- Microsoft
- HSBC
|
IIM Bangalore
|
Rs 35.31 LPA
|
Rs 33.82 LPA
|
Rs 28.98 LPA
|
- Urban Clap
- Aditya Birla Group
- Google
- JP Morgan
- Asian paints
- American Express
|
IIM Calcutta
|
Rs 35.07 LPA
|
Rs 34.20 LPA
|
Rs 29.00 LPA
|
- Dabur
- Whirlpool
- Nokia
- Dell
- Oracle
- Viacom 18
|
FMS
Delhi
|
Rs 34.10 LPA
|
Rs 32.40 LPA
|
Rs 26.20 LPA
|
- ABN AMRO Bank
- American Express
- Bank of America
- Bristlecone
- Mahindra & Mahindra
- AIG
- Microsoft India
- HCL Technologies
|
IIM Lucknow
|
Rs 32.20 LPA
|
Rs 31.03 LPA
|
Rs 26.00 LPA
|
- Axis Bank
- Ebay
- Coca-cola
- Yahoo
- Cadbury
- Godrej
|
ISB
Hyderabad
|
Rs 34.21 LPA
|
Rs 34.08 LPA
|
Rs 28.21 LPA
|
- A.T. Kearney Limited
- Google India Pvt Ltd
- HDFC Bank
- Adani Group
- Aditya Birla Group
- Apple South Asia Pte Ltd
- Tech Mahindra Limited
|
Masters Union, Gurugram
|
Rs 33.10 LPA
|
Rs 29.12 LPA
|
Rs 27.45 LPA
|
- BCG
- McKinsey & Co.
- Accenture
- CRED
- Google
- Microsoft
- MakeMyTrip
- Unacademy
- Citibank
|
SPJIMR, Mumbai
|
Rs 33.02 LPA
|
Rs 32.05 LPA
|
Rs 26.06 LPA
|
- Asian Paints
- Kimberly Clark
- Castrol
- L'Oréal
- Colgate-Palmolive
- Marico
- Hindustan Unilever Limited
- Godrej Group
|
XLRI Jamshedpur
|
Rs 32.70 LPA
|
Rs 30.07 LPA
|
Rs 25.08 LPA
|
- Accenture
- Adani Group
- Airbnb
- Amazon
- American Express
- Bajaj
- CEAT
- Goldman Sachs
- Nestle
|
IIM Kozhikode
|
Rs 31.02 LPA
|
Rs 29.50 LPA
|
Rs 22.53 LPA
|
- Capgemini
- Amazon
- Flipkart
- EY
- Infosys
- Myntra
- Loreal
- KPMG
- TATA Steel
|
IIM Indore
|
Rs 30.21 LPA
|
Rs 25.01 LPA
|
Rs 23.60 LPA
|
- Aditya Birla Fashion and Retail
- Capgemini
- Deloitte
- ICICI Bank
- Cognizant
- Genpact
- HSBC
- Infosys
- TCS
- Royal Enfield
|
IIFT
Delhi
|
Rs 29.10 LPA
|
Rs 25.16 LPA
|
Rs 21.08 LPA
|
- Accenture Strategy
- Deloitte Consulting
- Mckinsey
- Reliance
- Microsoft
- Shangri La
- Tata Steel
- Dell Technologies
|
SJMSoM, IIT Bombay
|
Rs 28.88 LPA
|
Rs 25.93 LPA
|
Rs 21.96 LPA
|
- Accenture
- Amazon
- Google
- HCL Tech
- Deloitte USI
- Nation with Namo
- Quintics
- Fullerton India
- ICICI Bank
- Indus Valley Partners
|
MDI Gurgaon
|
Rs 27.67 LPA
|
Rs 26.65 LPA
|
Rs 23.15 LPA
|
- Amazon
- Aditya Birla Group
- Reliance Industries
- Godrej
- Accenture
- McKinsey
- Adidas
|
TISS
Mumbai
|
Rs 27.22 LPA
|
Rs 23.97 LPA
|
Rs 19.62 LPA
|
- Deloitte
- Asian Paints
- HUL
- ITC
- Kotak Mahindra
- Accenture
- Aditya Birla Group
|
Source: Placement reports 2023 based on data released by
colleges
listed
above.
Top MBA Colleges in India: Zone-wise
As discussed above, India has over 5000 MBA colleges located in various parts
across
the
country. Below
we have listed the top MBA colleges in India in North, South, East & West.
Zone-Wise Best MBA Colleges in India
North Zone
|
South Zone
|
East Zone
|
West Zone
|
FMS Delhi
|
IIM Bangalore
|
IIM Calcutta
|
IIM Ahmedabad
|
IIM Lucknow
|
ISB Hyderabad
|
XLRI Jamshedpur
|
IIM Udaipur
|
MDI Gurgaon
|
IIM Kozhikode
|
IIM
Shillong
|
SPJIMR Mumbai
|
IIFT Delhi
|
IIM
Trichy
|
Birla Institute of Technology, Ranchi
|
Entrepreneurship
Development Institute of India
|
IMT Ghaziabad
|
IIT Madras
|
IIM Ranchi
|
NMIMS Mumbai
|
Top MBA Colleges in India: Fees & ROI
Fee is a significant component that influences the selection of MBA colleges.
Some
private
MBA colleges
in India have higher fees, however, the ROI (Return on Investment) is quite
impressive.
Below we’ve
mentioned the average MBA fees for top govt and private colleges in India along
with
the
Return on
Investment (ROI).
Top Govt MBA Colleges with Fees & ROI
Name of the College
|
Total Fees Range
|
Average Salary
|
Batch
|
IIT Delhi
|
Rs 8 L - Rs 10 L
|
Rs 25.82 LPA
|
2021-2023
|
NITIE Mumbai
|
Rs 8.7 L - Rs 12.5 L
|
Rs 25.4 LPA
|
2022
|
IIT
Kharagpur
|
Rs 3 L - Rs 25 L
|
Rs 22.13 LPA
|
2021-2023
|
IIT Madras
|
Rs 6 L - Rs 8 L
|
Rs 16.66 LPA
|
2022
|
FMS Delhi
|
Rs 20,960
|
Rs 34.1 LPA
|
2021-2023
|
**Note: The fee range in the table is based on previous years’
data.
Fees
for the
upcoming academic year will soon be released by the respective institutes.
Top Private MBA Colleges with Fees & ROI
College Name
|
Total Fees Range
|
Average Salary
|
Placement Year
|
XLRI Jamshedpur
|
Rs 23 L
|
Rs 32.7 LPA
|
2023
|
MDI Gurgaon
|
Rs 20 L - Rs 21 L
|
Rs 27 LPA
|
2023
|
Symbiosis Institute of Business Management
|
Rs 20 L - Rs 22 L
|
Rs 26.7 LPA
|
2023
|
SPJIMR
|
Rs 17 L - Rs 19 L
|
Rs 33.02 LPA
|
2023
|
NMIMS Mumbai
|
Rs 12 L - Rs 19 L
|
Rs 25.95 LPA
|
2023
|
**Note: The fee range in the table is based on previous years’
data.
Fees
for the
upcoming academic year will soon be released by the respective institutes.
Top MBA Colleges in India: Expected CAT 2023 Cut-off
The majority of applicants check the previous years’ cutoffs or the expected
cutoffs
of the
top MBA
colleges in India so that they can set their goals accordingly. IIMs top the
list of
MBA
colleges in
India accepting CAT score for MBA admissions. The expected CAT 2023 cutoffs for
the
top MBA
colleges in
India has been provided below.
Expected CAT Cutoff 2023 for IIMs
Name of the IIM
|
Expected CAT 2023 Percentiles (for General
candidates)
|
IIM Ahmedabad
|
99-100
|
IIM Bangalore
|
99-100
|
IIM Calcutta
|
99
|
IIM Lucknow
|
97-98
|
IIM Indore
|
97-98
|
IIM Kozhikode
|
97-98
|
IIM
Amritsar
|
95-96
|
IIM Nagpur
|
95-96
|
IIM Sambalpur
|
95-96
|
IIM Tiruchirappalli
|
94-95
|
IIM Raipur
|
94-95
|
IIM Ranchi
|
94-95
|
IIM
Kashipur
|
94-95
|
IIM Vizag
|
92-94
|
IIM Rohtak
|
92-94
|
IIM Udaipur
|
92-94
|
IIM Bodhgaya
|
92-94
|
IIM Shillong
|
90
|
IIM
Sirmaur
|
90
|
IIM Jammu
|
90
|
Expected CAT Cutoff 2023 for Other Top MBA Colleges in India
Colleges Accepting 90 Percentile &
Above
|
Colleges Accepting 80 Percentile &
Above
|
Colleges Accepting 70 Percentile &
Above
|
Colleges Accepting 60 Percentile &
Above
|
|
|
- Great Lakes Institute of Management
Gurgaon
- IMT Nagpur
- BIMTECH Greater Noida
- SDMIMD Mysore
- IMT
Hyderabad
- SOIL Institute of Management
- IFMR Graduate School of Business at KREA
University
- MDI
Murshidabad
|
|
Top MBA Colleges in India: Admission Process
MBA admission process varies as per the college one is applying to. Below we have
mentioned
the basic
stages one needs to go through while applying for MBA admission.
- As most of the top MBA colleges in India 2023 accept
admission on
the
basis of
entrance exam scores, students first need to apply for the test accepted by
their
desired college.
- Those qualifying for the MBA entrance exams are shortlisted
for
the
admission process
which generally includes Group Discussion (GD), Personal Interview (PI), and
Written
Ability Test
(WAT).
- The admission is done on the basis of a candidate’s
performance
in the
selection
rounds, academic background, entrance exam score, etc. Those who get
admission
have to
report to the
college for fee payment and other formalities.
Top MBA Colleges in India: Entrance Exams & Selection Process
Name of the College
|
Accepted MBA Entrance Exams
|
Selection Process
|
IIM Ahmedabad
|
CAT
|
WAT, PI
|
IIM Bangalore
|
CAT
|
WAT, PI
|
IIM Kolkata
|
CAT
|
WAT, PI
|
IIM Indore
|
CAT
|
WAT, PI
|
IIM Lucknow
|
CAT
|
WAT, PI
|
XLRI Jamshedpur
|
XAT
|
GD/WAT, PI
|
SPJIMR Mumbai
|
CAT/XAT
|
GD PI
|
FMS, Delhi
|
CAT
|
GD/Extempore, PI
|
MDI Gurgaon
|
CAT
|
GD PI
|
IMI, New Delhi
|
CAT
|
GD/WAT, PI
|
IIFT, Delhi
|
IIFT Exam
|
GD/WAT, PI
|
IMT, Ghaziabad
|
CAT/XAT
|
GE/WAT, PI
|
XIM
Bhubaneswar
|
CAT/XAT
|
GD/WAT, PI
|
SIBM, Pune
|
SNAP
|
GD/WAT, PI
|
NMIMS, Mumbai
|
NMAT
|
GD/WAT, PI
|
Direct MBA Admission Without Entrance Exam
There are many MBA colleges in India that offer direct admission without entrance
exams. To
take direct
admission into MBA colleges, candidates need to go through the following steps.
- Filling out the application form of the desired college
available
on its
official
website.
- Getting shortlisted for admission based on academic
qualifications.
- Appearing for Group Discussion/ Personal Interview, if
conducted
by the
college.
- Reporting at the designated college and paying the admission
fees.
Entrance Exams Accepted by Top MBA Colleges in India
MBA entrance exams are a gateway for admission to top MBA colleges in India.
There
are
national, state,
and institute-level entrance exams that candidates can appear for, depending on
the
college
they are
targeting. Below we have listed down some of the popular entrance exams accepted
by
various
top MBA
colleges in India 2023.
Top MBA Entrance Exams In India: Conducting Body and College Accepting Scores
MBA Entrance Exam
|
Conducting Body
|
Colleges Accepting Scores
|
CAT
|
Indian Institutes of Management (IIMs)
|
- IIMs & IITs
- SPJIMR, Mumbai
- MDI Gurgaon
- FMS New Delhi
- MICA Ahmedabad
- Great Lakes Chennai
- GIM
Goa
|
GMAT
|
Graduate Management Admission Council (GMAC)
|
- SPJIMR, Mumbai
- Great Lakes Chennai
- XIM Bhubaneswar
- IMT Ghaziabad
- IMI
Gurgaon
- ISB, Hyderabad & Mohali
- IIMs (Executive Programmes)
|
MAT
|
All India Management Association (AIMA)
|
|
CMAT
|
National Testing Agency (NTA)
|
- Great Lakes Institute of Management
- GIM Goa
- K J Somaiya Institute of Management
- BIMTECH Greater Noida
- Welingkar Mumbai
- Amrita School of Business Coimbatore
|
XAT
|
XLRI, Jamshedpur
|
- XLRI Jamshedpur
- MICA Ahmedabad
- XIM Bhubaneswar
- IMI New Delhi
- Xavier Institute of Management &
Research
- Xavier Business School
- Loyola Institute of Business Management
|
NMAT by GMAC
|
Graduate Management Admission Council (GMAC)
|
- NMIMS
- KJ Somaiya Institute of Management
- XIM Bhubaneswar
- TAPMI Manipal
- SPJIMR, Mumbai
- ISB Hyderabad
|
SNAP
|
Symbiosis International (Deemed) University (SIU)
|
|
IIFT Exam
|
National Testing Agency (NTA)
|
|
MAH MBA CET
|
State Common Entrance Test Cell, Maharashtra
|
|
TISSNET
|
TISS Mumbai
|
- TISS Mumbai
- TISS Hyderabad
- TISS Guwahati
- TISS Tuljapur
|
MICAT
|
MICA, Ahmedabad
|
- Mudra Institute of Communications,
Ahmedabad
|
Top MBA Colleges in India Based on Specialisation
Some MBA specialisations include industry-specific electives and hands-on
learning
opportunities, while
some concentrate on basic management topics. Let’s check out some of the popular
MBA
specialisations
offered by B-schools in India.
Top MBA Colleges in India for Finance
Top MBA Colleges in India for HR
- Xavier Labour Relations Institute
- Tata Institute of Social Sciences
- International School of Business and Media
- Jayoti
Vidyapeeth Women's University
- GNA University
- Faculty Of Management Studies (FMS)- University of Delhi
- Management Development Institute (MDI)
Top MBA Colleges in India for IT
- Jamnalal Bajaj Institute of Management Studies (JBIMS)
- Balaji Institute of Modern Management
- Lloyd
Business
School
- ASM Group of Institutions
- University of Engineering & Management (UEM)
- Symbiosis Centre for Information Technology
- KJ Somaiya Institute of Management Studies and Research
Top MBA Colleges in India for Marketing
Top MBA Colleges in India for Operations Management
- T.A.Pai Management Institute (TAPMI)
- Indian Institute of Social Welfare and Business Management
- Alliance
University
- DY Patil University School of Management
- Manav Rachna University (MRU)
- School of Management Sciences
- Great Lakes Institute of Management
Top MBA Colleges in India for Business Analytics
How to Select Top MBA Colleges in India?
If you are confused about which college to choose for MBA admission, then check
out
the
points below to
get some clarity.
- Ranking & Affiliation Programmes: The ranking and
affiliation
of a
college is a
crucial factor that must be considered while seeking MBA admission. Before
applying to
the college,
check its NIRF ranking, NAAC grade, and if it’s certified by either AICTE or
AIU.
- Courses Offered and Your Eligibility: It is necessary to have
an
idea of
the courses
offered by the colleges you wish to apply to. Also, it’s important to check
whether you
are eligible
for that particular course.
- Course Fees: The course fee is an essential factor that can’t
be
ignored
when
choosing the top MBA colleges in India. Know the cost of education
beforehand so
you can
figure out
the ways to afford the fees if it’s out of your budget.
- Teacher-Student Ratio & Infrastructure: Make sure that
the
college
you choose
offers enough faculty in comparison to the ratio of students. Also, check
whether the
college has a
good campus, favourable classroom environment, library, hostel facility,
cafeteria, etc.
- Placement Records: Before making a decision, check the
placement
percentage of the
college, average salary, recruitment sectors, companies attending the campus
recruitments, etc.
Top MBA Colleges in India 2023: Eligibility Criteria
Applicants must meet the following eligibility criteria for admission to top MBA
colleges in
India 2023.
- Candidates must hold a bachelor's degree in any discipline
from a
recognized board.
- For students in the General category, a graduation score of
at
least 50%
is
mandatory. Students belonging to SC, ST, or PWD categories can get a 5%
exemption and
must achieve
an overall score of at least 45%.
- Applicants who are in their final year of graduation can also
apply.
However,
admission will be confirmed only if they achieve the required marks in the
final
results.
- Candidates must qualify for entrance exams, such as the CAT,
XAT,
GMAT,
SNAP, NMAT,
or CMAT, and meet the cut-off marks required to apply for admission.
- Candidates who have earned a Bachelor's or Master's degree
through
correspondence or
the Open University System are also eligible.
Top MBA Colleges in India FAQs
Qs. Which are the top 10 MBA colleges
in
India that
don’t
require CAT scores?
Ans. Among the top 10 MBA colleges in India that don’t
require
CAT
score include
XLRI Jamshedpur (XAT), MICA Ahmedabad (MICAT), Tata Institute of Social Sciences
(TISSNET),
Symbiosis
Institute of Business Management (SNAP), SPJIMR Mumbai (XAT), IIFT Delhi (IIFT
Entrance
Exam) and ICFAI
Foundation for Higher Education, Hyderabad (IBSAT, NMAT by GMAC, GMAT).
Qs. Which are the popular MBA colleges in India with fees under
10
Lakhs?
Ans. Some of the popular MBA colleges in India with fees under
10
Lakhs
include IIT
Delhi (Rs 9.6 Lakhs), Symbiosis Centre for Management and Human Resource
Development, Pune
(Rs 8.13
Lakhs), IIT Bombay (Rs 10.08 Lakhs), BITS Pilani (Rs 9.49 Lakhs) and NITIE
Mumbai
(Rs 7.62
Lakhs).
Qs. Which are the top MBA colleges in India for Finance?
Ans. Some of the top MBA colleges in India for Finance are
SPJIMR
Mumbai (PGDM in
Finance), NMIMS Mumbai (MBA in Banking), National Institute of Bank Management,
Pune
(PGDM
in Banking
& Financial Services); Lal Bahadur Shastri Institute of Management (LBSIM),
Delhi/NCR
(PGDM in
Finance), KJ Somaiya Institute of Management Studies and Research, Mumbai (PGDM
in
Financial
Services)
and XISS Ranchi (PGDM in Finance).
Qs. Which are the top MBA colleges in India with best
placements?
Ans. Some of the top MBA colleges in India with best
placements
include
IIM
Ahmedabad, NMIMS Mumbai, IIM Kozhikode, IIM Calcutta, IIM Lucknow, XLRI
Jamshedpur,
IIM
Indore, MDI
Gurgaon & IIT Kharagpur.
Qs. Are there any MBA colleges in India that offer
admission
without
graduation?
Ans. No, there are no MBA colleges in India that offer
admission
without
graduation. Since an MBA course is a postgraduate degree, aspirants must hold a
Bachelor's
degree in any
discipline from a recognized university to pursue the same.
Qs. Do the top MBA colleges in India offer
scholarships?
Ans. Yes, the top MBA colleges in India do offer
scholarships.
Some of
these
include Management Development Institute (MDI), Gurgaon; Indian School of
Business
(ISB),
Hyderabad;
ICFAI Business School; MICA Ahmedabad and Institute of Rural Management, Anand
(IRMA).
Qs. Which are the popular MBA colleges in India for Marketing?
Ans. IMT, Ghaziabad (PGDM in Marketing); XISS, Ranchi (PGDM
in
Marketing); N. L.
Dalmia Institute of Management Studies and Research, Mumbai (PGDBM in
Marketing);
SPJIMR
Mumbai (PGDM);
KIIT University, Bhubaneswar (MBA in Marketing Management) are among the popular
MBA
colleges in India
for Marketing.
Qs. Which are the popular MBA colleges in India that
accept
GMAT
scores?
Ans. Some of the popular MBA colleges in India that accept
GMAT
scores
include ISB
Hyderabad; IIM Indore; SPJIMR, Mumbai; Xavier Institute of Management,
Jamshedpur;
Institute
of
Management Technology, Nagpur; and Christ University, Bangalore.
Qs. Which are the popular MBA colleges in India with
the
best
faculty?
Ans. Some of the popular MBA colleges in India with the
best
faculty
include XLRI
Jamshedpur; MDI Gurgaon; SIBM Pune; S.P. Jain Institute of Management and
Research
(SPJIMR),
Mumbai; and
National Institute of Industrial Engineering (NITIE), Mumbai.
Qs. Which are the most affordable MBA colleges in
India?
Ans. Some of the most affordable MBA colleges in India
include
FMS,
Delhi; Jamia
Millia Islamia University, Delhi; Delhi School of Economics, DU; Tata Institute
of
Social
Sciences
(TISS), Mumbai; Institute of Management Studies, BHU; Pune University Department
of
Management Sciences
(PUMBA) & SIMSREE, Mumbai.