Top 25 MBA Colleges in India; Finding the right MBA college is extremely important for any candidate in India, there are many MBA colleges, and it is necessary for every candidate to carefully consider and select their preferred MBA colleges before enrolling. The chosen MBA college should provide exceptional education, have a good reputation, offer excellent placement opportunities, have a strong alumni network and have a competent faculty. These factors contribute to a better learning experience and pave the way to a successful career. Please refer Career Mantra’s CAT College Predictor tool.
The National Institutional Ranking Framework was approved by MHRD and introduced and approved by the Honorable Minister of Human Resource Development in the year 2015. Colleges/Universities are ranked across the country using various factors and based on multiple parameters.
Also Read: Top Universities in India for MBA; Ranking 2024, Fees, Placements, Admissions
Over the years, IIM Ahmedabad has topped the list of MBA colleges. Due to the increasing demand for management professionals and the remuneration they get after an MBA degree, there is always a search for good MBA colleges in India. Following is the list of top 25 MBA colleges in India based on NIRF Ranking 2023.
Name of the College | NIRF Ranking | Fees | Avg. Placement |
1 | 24.61 Lakh | 30 Lakh | |
Indian Institute of Management, Bangalore | 2 | 24.50 Lakh | 33 Lakh |
Indian Institute of Management, Kozhikode | 3 | 20.50 Lakh | 27 Lakh |
Indian Institute of Management, Calcutta | 4 | 22.60 Lakh | 31 Lakh |
5 | 11.20 Lakh | 24.25 Lakh | |
Indian Institute of Management, Lucknow | 6 | 12.60 Lakh | 30 Lakh |
7 | 14.63 Lakh | 27.25 Lakh | |
8 | 21.07 Lakh | 32.21 Lakh | |
9 | 28 Lakh | 30 Lakh | |
10 | 8 Lakh | 28.88 Lakh | |
11 | 15.92 Lakh | 20 Lakh | |
12 | 17.90 Lakh | 17.50 Lakh | |
13 | 24.70 Lakh | 26.70 Lakh | |
14 | 11.59 Lakh | 18.08 Lakh | |
15 | 10.99 Lakh | 20.19 Lakh | |
16 | 18.50 Lakh | 18.53 Lakh | |
17 | 22.20 Lakh | 26.77 Lakh | |
18 | 10.99 Lakh | 18.34 Lakh | |
19 | 17.30 Lakh | 18.11 Lakh | |
20 | 20.42 Lakh | 32.89 Lakh | |
SVKM`s Narsee Monjee Institute of Management Studies, MumbaI | 21 | 23.90 Lakh | 23.07 Lakh |
22 | 19.50 Lakh | 19.50 Lakh | |
23 | 2.80 Lakh | 16.88 Lakh | |
24 | 17.30 Lakh | 17 Lakh | |
25 | 2.10 Lakh | 8 Lakh |
Top MBA Colleges in India with Low Fees Structure:
This section contains details of top MBA colleges with low fees in India. FMS Delhi, one of the top MBA colleges in India offers MBA at a fee of Rs 1.92 lakh, while Mumbai University MBA College SIMSREE offers MBA/PGDBM at a low fee of Rs 2.36 lakh; Pumba Pune - Pune University MBA is offered at a low fee of Rs 2.45 lakh, Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai MBA offered at a low fee of Rs.6 lakh . These are some of the best MBA colleges in India with low fees structure.
MBA College | Fees |
FMS New Delhi | INR 1.92 Lakh |
JBIMS Mumbai | INR 6 Lakh |
SIMSREE Mumbai | INR 2.36 Lakh |
PUMBA Pune | INR 2.45 Lakh |
Top MBA Colleges in India Eligibility Criteria:
The eligibility criteria for top B-Schools, colleges and
universities in India may differ from one college to another. However, the
essential MBA eligibility criteria are as follows:
1. Candidates must have passed graduation in any discipline
like humanities, commerce, science, engineering, law etc, or equivalent from a
recognised university as an essential eligibility criteria for MBA (full-time).
2. Most B-Schools, colleges and universities and institutes
follow the minimum score criteria in graduation which are 50% aggregate or
equivalent CGPA. For reserved category (SC/ST) students, the minimum aggregate
is 45%or equivalent CGPA.
3. MBA Colleges, B-Schools, Universities and Institutions also admit students based on entrance exams such as CAT, XAT, CMAT, NMAT, SNAP, MAT, and many others.
Top MBA Colleges in Mumbai | Top MBA Colleges in Pune | Top MBA Colleges in Delhi |
Top MBA Colleges in Delhi NCR | Top MBA Colleges in Bangalore | Top MBA Colleges in Hyderabad |
Before taking final admission to any of these top 25 MBA colleges in India,
please make sure you talk to some of the students of the current batch and some
of their alumni, please visit the official website of the respective institutes
for more comprehensive details.