Top MBA Colleges in India 2024: Ranking, Fees, Admissions, Courses, Placements
The top MBA colleges in India include renowned institutions like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta among the Indian Institutes of Management, and IIT Delhi, IIT Kharagpur, and IIT Madras among the Indian Institutes of Technology. Additionally, there are approximately 4,500 other government and private MBA colleges considered among the best, as per the NIRF rankings.
IIM Ahmedabad is consistently ranked as the leading MBA college in India, according to NIRF and Outlook rankings, for pursuing an MBA program. IIM Bangalore has been placed second in these rankings. Globally, the QS Rankings 2023 positioned IIM Ahmedabad at the 44th spot, followed by IIM Bangalore at 50th and IIM Calcutta at 68th. The Indian School of Business also featured in this global list, securing the 78th position.
These MBA colleges in India provide flexible learning modes, including full-time, part-time, online, and distance programs, and offer diverse specializations such as Marketing, Finance, Human Resources, and Information Technology. Admission to these premier institutions requires excellent academic performance in graduation and a competitive CAT score, typically above 99%. Additionally, performance in group discussions and personal interviews plays a significant role in the selection process.
Top MBA Colleges in India
There are over 5,000 MBA colleges in India, and students often face issues when choosing the best college to pursue their management education. However, candidates want to earn a degree or receive a personalized education in demanding areas. Therefore, it is important to know the best MBA colleges in locations. The following are the best MBA colleges in India in metropolitan cities:
Top MBA Colleges in India: NIRF Rankings (2022–2024)
The following table highlights the performance of India's leading MBA institutions in the NIRF rankings over the past three years:
College Name | NIRF 2022 | NIRF 2023 | NIRF 2024 |
Indian Institute of Management (IIM), Ahmedabad | 1 | 1 | 1 |
Indian Institute of Management (IIM), Bangalore | 2 | 2 | 2 |
Indian Institute of Management (IIM), Kozhikode | 5 | 3 | 3 |
Indian Institute of Technology (IIT), Delhi | 4 | 5 | 4 |
Indian Institute of Management (IIM), Calcutta | 3 | 4 | 5 |
IIM Mumbai (formerly NITIE) | 9 | 7 | 6 |
Indian Institute of Management (IIM), Lucknow | 6 | 6 | 7 |
Indian Institute of Management (IIM), Indore | 7 | 8 | 8 |
XLRI - Xavier School of Management | 12 | 9 | 9 |
Indian Institute of Technology (IIT), Bombay | 11 | 10 | 10 |
Top Indian MBA Colleges in FT Global Rankings (2024)
The Financial Times Global MBA Rankings are highly regarded worldwide, offering a global perspective on the quality of MBA programs. Below are the Indian institutions included in the FT Global Rankings for 2024:
B-School Name | India Rank | Global Rank |
Indian School of Business (ISB) | 1 | 31 |
Indian Institute of Management (IIM), Ahmedabad | 2 | 41 |
Indian Institute of Management (IIM), Bangalore | 3 | 47 |
Indian Institute of Management (IIM), Calcutta | 4 | 67 |
Indian Institute of Management (IIM), Lucknow | 5 | 85 |
XLRI - Xavier School of Management | 6 | 99 |
Top MBA Colleges in Mumbai
Mumbai | |
ICFAI Business School Mumbai | Admission Process |
IIM, Mumbai | Admission Process |
NMIMS School of Business Management, Mumbai | Admission Process |
Shailesh J. Mehta School of Management, IIT Bombay | Admission Process |
SPJIMR Mumbai | Admission Process |
SIMSREE - Mumbai | Admission Process |
SDA Bocconi | Admission Process |
SIES College of Management Studies | Admission Process |
VIT Vidyalankar Institute of Technology | Admission Process |
Xavier Institute of Management Research | Admission Process |
Top MBA Colleges in Delhi-NCR
Delhi-NCR | |
SOIL (SOIL Institute of Management) | Admission Process |
Amity University, Noida | Admission Process |
BIMTECH Greater Noida | Admission Process |
BML Munjal University School of Management | Admission Process |
DOMS-IIT Delhi | Admission Process |
FMS, Delhi University | Admission Process |
Fore School of Management | Admission Process |
GD Goenka University | Admission Process |
Indian Institute of Foreign Trade | Admission Process |
IMI Delhi | Admission Process |
IMT Ghaziabad | Admission Process |
Top MBA Colleges in Bangalore
Bangalore | |
AIMS Institute | Admission Process |
Christ University | Admission Process |
Dr. Ambedkar Institute Of Technology (AIT), Bangalore | Admission Process |
IIM Bangalore | Admission Process |
ISBR Business School | Admission Process |
Indian Institute of Plantation Management | Admission Process |
ISME Bangalore | Admission Process |
Presidency College | Admission Process |
Regional College of Management | Admission Process |
XIME Bangalore | Admission Process |
Top MBA Colleges in Pune
Pune | |
Balaji Institute of Modern Management | Admission Process |
Dept of Mgt Sciences, Pune University | Admission Process |
Indira Institute of Management IIMP | Admission Process |
National Institute of Bank Management | Admission Process |
National Insurance Academy | Admission Process |
Pune Institute of Business Management | Admission Process |
Symbiosis Institute of Digital & Telecom Management | Admission Process |
Singham Institute of Management | Admission Process |
Symbiosis Centre For Information Technology | Admission Process |
SIBM Pune | Admission Process |
Top MBA Colleges in Punjab
Punjab | |
Amity University, Mohali | Admission Process |
Chandigarh University, Chandigarh | Admission Process |
Chitkara University, Chandigarh | Admission Process |
Chandigarh Group of Colleges, Mohali | Admission Process |
C T University, Ludhiana | Admission Process |
CGC, Landran, Chandigarh | Admission Process |
GNA University, Phagwara | Admission Process |
IIM, Amritsar | Admission Process |
Lovely Professional University, Jalandhar | Admission Process |
University Business School, Chandigarh | Admission Process |
Top MBA Colleges in Chennai
Chennai | |
DOMS-IIM Madras | Admission Process |
Great Lakes Institute of Management | Admission Process |
Loyola Institute of Business Administration | Admission Process |
Loyola Institute of Technology | Admission Process |
MOP Vaishnav College for Women | Admission Process |
SSN School of Management | Admission Process |
SRM School of Management | Admission Process |
SRM Easwari Engineering College | Admission Process |
School of Management DG Vaishnav College | Admission Process |
University of Madras | Admission Process |
Top MBA colleges in Kolkata
Kolkata | |
Calcutta University | Admission Process |
Globsyn Business School | Admission Process |
IIM Calcutta | Admission Process |
IIFT Kolkata | Admission Process |
IMI Kolkata | Admission Process |
Institute of Engineering & Management | Admission Process |
Praxis Business Schools | Admission Process |
St Xavier’s University | Admission Process |
Unitedworld School of Business | Admission Process |
UEM-Kolkata | Admission Process |
Top MBA colleges in Hyderabad
Hyderabad | |
Badruka College Post Graduate Centre | Admission Process |
Chaitanya Bharathi Institute of Technology | Admission Process |
ICFAI Business School | Admission Process |
Institute of Public Enterprise | Admission Process |
Institute of Management Technology | Admission Process |
Malla Reddy College of Engineering and Technology | Admission Process |
National Institute of Agricultural Extension Management | Admission Process |
NMIMS University, Hyderabad | Admission Process |
Symbiosis Institute of Business Management | Admission Process |
Woxsen University | Admission Process |
Top MBA colleges in Ahmedabad
Ahmedabad | |
Amrut Mody School of Management | Admission Process |
BK School of Business Management | Admission Process |
IIM Ahmedabad | Admission Process |
Institute of Management Nirma University | Admission Process |
ICFAI Business School, Sarkhej | Admission Process |
LJ Institute of Management Studies | Admission Process |
MICA Shela | Admission Process |
Narayana Business School | Admission Process |
St. Kabir Institute of Professional Studies | Admission Process |
Shanti Business School | Admission Process |
Top Distance MBA Colleges in India
College Name | Total Fees (in INR) |
National Institute of Agricultural Extension Management | 15,000 |
SRM Institute of Science and Technology, Kattankul | 60,000 |
Neville Wadia Institute of Management Studies and Research | 3,80,000 |
Indian Institute of Finance | 1,60,000 |
IGNOU | 62,000 |
DAVV | 72,000 |
Guwahati University | 7,000 |
Institute of Distance Education, University of Madras | 6,800 - 20,000 |
Symbiosis Centre for Distance Learning | 50,000 |
Tier 1 MBA Colleges in India
College Name | Total Fees | Admission Process |
IIM Ahmedabad | INR 25 Lakhs | CAT/ GMAT/ GRE |
IIM Bangalore | INR 24.50 Lakhs | CAT/ GMAT |
IIM Calcutta | INR 27 Lakhs | CAT/ GMAT |
IIT Delhi | INR 13.24 Lakhs | CAT |
IIM Kozhikode | INR 20.50 Lakhs | CAT/GMAT/ GRE |
IIM Indore | INR 21.17 Lakhs | CAT |
XLRI Xavier School of Management | INR 24.20 Lakhs | XAT/ GMAT |
IIM Mumbai | INR 21 Lakhs | CAT/ GMAT |
IIT Kharagpur | INR 11.76 Lakhs | CAT |
IIM Ranchi | INR 17.2 Lakhs | CAT/ IPMAT |
Is It Worth Pursuing an MBA from Non-Tier 1 Colleges in India?
The value of pursuing an MBA from a non-Tier 1 college depends on factors such as career aspirations, affordability, and the institution's strengths. Non-Tier 1 colleges can still offer good placement opportunities and networking benefits.
Top Non-Tier 1 MBA Colleges in India
College Name | Course Offered | Expected Cut-offs |
K. J. Somaiya Institute of Management Studies and Research, Mumbai | PGDM | CAT: 90 percentile, CMAT: 187 marks |
Institute of Rural Management, Anand | PGP in Rural Management | CAT: 80 percentile |
Symbiosis Institute of International Business | MBA (International Business) | SNAP: 98 percentile |
T. A. Pai Management Institute, Manipal | PGDM | CAT: 80 percentile, GMAT: 650 marks |
Symbiosis Institute of Business Management, Bangalore | MBA | SNAP: 95 percentile |
International Management Institute, Delhi | PGDM | CAT: 90 percentile |
Great Lakes Institute of Management, Chennai | PGDM | CAT: 90 percentile, CMAT: 90 percentile, GMAT: 600 marks, XAT: 90 percentile |
Indian Institute of Management, Ranchi | PGDM | CAT: 90 percentile |
Institute of Management, Nirma University | MBA | CAT: 80 percentile |
Indian Institute of Management, Raipur | PGP | CAT: 90 percentile |
Top MBA Colleges in India with Lower Fees
For students who find Tier 1 college fees unaffordable, some institutions provide quality MBA programs at a lower cost.
College Name | Total Tuition Fees (INR) | Average Salary (INR) |
FMS Delhi | 2,00,000 | 34 Lakhs |
Delhi School of Economics | 97,740 | 13.5 Lakhs |
Department of Financial Studies | 99,000 | 17 Lakhs |
Department of Business Economics | 99,000 | 13.5 Lakhs |
UBS Chandigarh | 47,890 | 13.5 Lakhs |
Tata Institute of Social Sciences | 1,85,000 | 27 Lakhs |
Top Online MBA Colleges in India (2025)
Online MBA programs offer flexibility, making them ideal for working professionals. Here are the top online MBA colleges in India:
College Name | Total Fees (INR) | Key Highlights |
Amity Online University | 1,79,000 | NIRF Rank: 38, NAAC A++, Placement Assistance, 500+ Hiring Partners |
Manipal Online University | 1,75,000 | Globally Accredited, No Cost EMI, Free Coursera MBA Program |
Lovely Professional University | 1,72,000 | NAAC A++, Weekend Live Lectures, Virtual Job Fairs |
Chandigarh University | 2,00,000 | NIRF Rank: 27, 15+ MBA Specializations, No Cost EMI |
Jain University | 1,60,000 | NIRF Rank: 68, 40+ Specializations, LinkedIn Certificates |
DY Patil University | 2,00,000 | NAAC A++, Placement Assistance, LMS with Academic Support |
Amrita University | 1,70,000 | NIRF Rank: 7, Globally Approved Programs |
UPES University | 1,50,000 | Certifications from IBM & KPMG, Scholarship Options |
Uttaranchal University | 1,70,000 | NAAC A Grade, AICTE Approved |
IGNOU | 62,000 | NAAC A++, Affordable with Offline Resources |
Top MBA Colleges in India Based on ROI
ROI measures the return on investment, comparing education costs with placement outcomes. Here is a quick guide to the best MBA colleges in India based on ROI:
College Name | ROI Percentage |
FMS Delhi | 1700% |
Department of Financial Studies | 1600% |
Tata Institute of Social Sciences | 1458% |
MBA Colleges in India Without Entrance Exams
Some institutions allow direct admission without entrance exams.
College Name | Average Fee (INR) |
Jawaharlal Nehru Technological University | 46,000 – 2,40,000 |
Sikkim Manipal University | 5,50,000 – 15,60,000 |
Jaipuria Institute of Management | 1,40,000 – 14,80,000 |
Apeejay School of Management | 8,50,000 |
GD Goenka University | 7,00,000 – 8,00,000 |
Andhra Loyola College | 70,000 |
