Top MBA Colleges in India 2025: Best MBA Colleges with Fees, Entrance Exam, & Placements
Top MBA Colleges in India include more than 5,500 MBA colleges run as public, private, autonomous, government, and semi-government entities. Aspirants can take admissions to to the best MBA colleges in India through entrance exams, like CAT, XAT, MAT, CMAT, ATMA, etc. Some of the top-ranked MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, DMS IIT Delhi, IIM Lucknow, SIIB Pune, IIM Indore, IIM Raipur, IIM Rohtak, and many others.
With so many MBA schools spread across the country picking the best colleges is an arduous task. Students may get confusion about the selection of the right MBA college. How does one select the top business schools in India for one’s ambitions, career aspirations, and future goals? The list is long with the top IIMs, 50+ private schools, and 40 Government schools, among others. We have provided best MBA colleges rankings in India in this blog based on their courses, fees, placement salary packages, and ROI.
Top 10 MBA Colleges in India: Fees & Placements
If anyone aims to pursue MBA program in India, they will definitely select the business schools based on the perception, popularity, campus, and fee structure. Fee structure is among the primary parameters to zero in on the list of colleges. It’s crucial to consider the ROI which is based on the fee, campus facilities, pedagogy, expert faculties, and placement salary.
We have listed down the top 10 B-schools in India. The name of the colleges are mentioned with their fees and average placement from along with IMS B schools ranking. It will help you select a college.
Institute | IMS Classification | Tests Accepted | Fees (In Lac) | Final Placement (Avg. in LPA) |
FMS | A1 (CDC) | CAT | 2.32 | 34.1 |
IIM-A | A1 (CDC) | CAT | 26.5 | 34.45 |
IIM-B | A1 (CDC) | CAT | 26 | 35.92 |
IIM-C | A1 (CDC) | CAT | 31 | 35.07 |
IIM-Indore | A1 (CDC) | CAT | 21.17 | 25.68 |
IIM-K | A1 (CDC) | CAT | 23.5 | 28.05 |
IIM-L | A1 (CDC) | CAT | 20.75 | 30 |
ISB | A1 (CDC) | GMAT, GRE | 39.51 | 34.21 |
SPJIMR | A1 (CDC) | CAT, GMAT | 22.5 | 33 |
XLRI | A1 (CDC) | XAT | 31.59 | 31.08 |
Best MBA Colleges in India Without CAT Exam
Usually, the CAT exam is believed to be the only entrance exam for the admission to the top B schools in India. However, it’s not the case, as there are many MBA colleges that accept other exam other than the CAT. MBA colleges like ISB, XLRI, SPJIMR, TISS, etc. offers MBA programs without CAT.
Here is a list of the top MBA colleges without CAT exam. These colleges select the candidates through exams like GMAT, NMAT, CET, CMAT, MICAT, XAT, etc. Check out the below table for college names with their respective entrance exams and fees. Additionally, look at the IMS B schools classification.
Institute Name | IMS Classification | Tests Accepted | Fees (In Lac) | Final Placement (Avg. in LPA) |
XLRI Jamshedpur | A1 (CDC) | XAT | 31.59 | 31.08 |
ISB Hyderabad | A1 (CDC) | GMAT, GRE | 39.51 | 34.21 |
SPJIMR Mumbai | A1 (CDC) | CAT, GMAT | 22.5 | 33 |
JBIMS Mumbai | A2 | CET, CAT, CMAT, MAT, ATMA | 6 | 26.12 |
TISS Mumbai(HRM & LR) | A2 | CAT | 2.07 | 26.31 |
NMIMS Mumbai | A3 | NMAT | 25 | 25.13 |
SIBM Pune | C1 | SNAP | 17.47 | 8.9 |
SCMHRD Pune | A3 | SNAP | 24.12 | 21.47 |
MICA Ahmedabad | A4 | CAT, XAT, GMAT, MICAT | 26 | 19.22 |
IMT Ghaziabad | B1 | CAT, GMAT, XAT | 20.8 | 16.25 |
XIMB Bhubaneswar | B4 | CAT, XAT, GMAT | 22 | 9.8 |
GLIM Chennai | A4 | CAT, XAT, GMAT, NMAT | 22.65 | 17.3 |
6 Best colleges for MBA in India With Low Fees
MBA offers numerous career opportunities attracting lakhs of aspirants. It is not easy for everyone to take admission to the top IIMs and B-schools with hefty program fees. However, you can still pursue it without breaking the bank. Listed below are 6 best MBA colleges in India that offer affordable MBA programs with low fees.
Institute | IMS Classification | Tests Accepted | Fees (In Lac) | Placement (Avg. in LPA) |
FMS, Delhi | A1 (CDC) | CAT | 2.32 | 34.1 |
Jamnalal Bajaj Institute of Management Studies | A2 | CET, CAT, CMAT, MAT, ATMA | 6 | 26.12 |
SIMREE, Mumbai | B1 | CET, CAT, CMAT | 4.38 | 15.19 |
Department of Management Sciences, Savitribai Phule Pune University | B5 | CET, CAT, CMAT, MAT, ATMA | 4.4 | 11.23 |
TISS, Mumbai (HRM & LR) | A2 | CAT | 2.07 | 26.31 |
IIT Madras |
– | CAT | 10 – 17 Lakhs | 18.00 |
Top MBA Colleges in India with Fee Structure & Placement
This table presents a list of the best colleges for MBA in India. You can check the B-school name along with their total fees, entrance tests, and final placement salary packages. The total course fees range from 2.32 Lakh at FMS Delhi to 34.50 Lakh at IIM Ahmedabad. You can also look at the IMS B- schools ranking classification within the table.
Institute Name | IMS Classification | Tests Accepted | Fees (In Lakhs) | Placement (Avg. in LPA) |
FMS, Delhi | A1 (CDC) | CAT | 2.32 | 34.1 |
IIM-A | A1 (CDC) | CAT | 26.5 | 34.45 |
IIM-B | A1 (CDC) | CAT | 26 | 35.92 |
IIM-C | A1 (CDC) | CAT | 31 | 35.07 |
IIM-I | A1 (CDC) | CAT | 21.17 | 25.68 |
IIM-K | A1 (CDC) | CAT | 23.5 | 28.05 |
IIM-L | A1 (CDC) | CAT | 20.75 | 30 |
ISB | A1 (CDC) | GMAT, GRE | 39.51 | 34.21 |
SPJIMR | A1 (CDC) | CAT, GMAT | 22.5 | 33 |
XLRI | A1 (CDC) | XAT | 31.59 | 31.08 |
IIM-K | A1 (CDC) | CAT | 20.5 | 28.05 |
Indian Institute of Foreign Trade | A2 | CAT | 21.87 | 27.3 |
IIM-M | A2 | CAT | 21 | 33.84 |
IIM-Shillong | A2 | CAT | 26.18 | 26.1 |
Shailesh J. Mehta School of Management, Indian Institute of Technology Bombay | A2 | CAT | 15.15 | 28.01 |
Jamnalal Bajaj Institute of Management Studies | A2 | CET, CAT, CMAT, MAT, ATMA | 6 | 26.12 |
Management Development Institute | A2 | CAT, GMAT | 28.16 | 26.2 |
Tata Institute of Social Sciences | A2 | CAT | 2.07 | 26.31 |
Tata Institute of Social Sciences | A2 | CAT | 8.49 | 24.6 |
IIM Mumbai – OSCM | A2 | CAT | 21 | |
IIM Mumbai – SM | A2 | CAT | 21 | |
Department of Management Studies, Indian Institute of Science | A3 | CAT, GMAT | 5.42 | 26.8 |
Indian Institute of Management Ahmedabad | A3 | CAT | 25 | 20.11 |
Indian Institute of Management Indore | A3 | CAT | 18.42 | 25 |
Indian Institute of Management Lucknow | A3 | CAT | 20.75 | 20.37 |
Department of Management Studies, Indian Institute of Technology Delhi | A3 | CAT | 12 | 25.82 |
NMIMS | A3 | NMAT | 25 | 25.13 |
Symbiosis Institute of Business Management | A3 | SNAP | 24.9 | 28.8 |
Symbiosis Centre for Management and Human Resource Development | A3 | SNAP | 24.12 | 21.47 |
Great Lakes Institute of Management, Chennai | A4 | CAT, XAT, GMAT, NMAT | 22.65 | 17.3 |
IIM-Raipur | A4 | CAT | 18 | 18.15 |
IIM-Ranchi | A4 | CAT | 19.23 | 19.24 |
IIM-Rohtak | A4 | CAT | 17.9 | 18.73 |
IIM-Tiruchirappalli | A4 | CAT | 19.5 | 19.43 |
IIM-Udaipur | A4 | CAT | 20.43 | 18.8 |
Vinod Gupta School of Management, Indian Institute of Technology Kharagpur | A4 | CAT | 12.64 | 20.81 |
Department of Management Studies, Indian Institute of Technology Madras | A4 | CAT | 13.55 | 16.93 |
Jamnalal Bajaj Institute of Management Studies | A4 | CAT, CET | 9 | 19.35 |
Mudra Institute of Communications Ahmedabad | A4 | CAT, XAT, GMAT, MICAT | 26 | 19.22 |
Xavier Institute of Management | A4 | CAT, XAT, GMAT, X-GMT | 24.2 | 19.53 |
BITS School of Management | A4 | CAT, GMAT, GRE | 27.2 | 23.41 |
Indian Institute of Management Ranchi | A4 | CAT | 17.5 | 19.02 |
Symbiosis Centre for Management and Human Resource Development | A4 | SNAP | 19.98 | 22.14 |
Department of Management Studies, Indian Institute of Technology Roorkee | A5 | CAT | 8.79 | 18.3 |
International Management Institute | A5 | CAT, XAT, GMAT | 22.25 | 16.71 |
Indian Institute of Management Amritsar | A5 | CAT | 17.3 | 15.51 |
Indian Institute of Management Jammu | A5 | CAT | 17.15 | 16.54 |
Indian Institute of Management Kashipur | A5 | CAT | 17.3 | 18.1 |
Indian Institute of Management Ranchi | A5 | CAT | 17.5 | 19.87 |
Indian Institute of Management Visakhapatnam | A5 | CAT | 19 | 15.61 |
Department of Management Sciences, Indian Institute of Technology Kanpur | A5 | CAT | 13.5 | 18.2 |
Masters’ Union | A5 | CAT, GRE, GMAT, Own Test | 29.38 | 28.52 |
Symbiosis Centre for Management and Human Resource Development | A5 | SNAP | 16.09 | 16.11 |
Department of Financial Studies (DFS DU) (MBA Finance) | A5 | CAT | 2.3 | 15.1 |
XIM University – MBA RM | A5 | CAT, XAT, GMAT, X-GMT | 24.2 | 12.5 |
Indian Institute of Management, Nagpur | A5 | CAT | 18.9 | 18.07 |
IIM Jammu – MBA (HA & HM) | A5 | CAT | 14.82 | 14.01 |
Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur | B1 | CAT | 5.14 | 15.43 |
Goa Institute of Management | B1 | CAT, XAT, GMAT | 20.4 | 14.81 |
Great Lakes Institute of Management, Chennai (GLIM) – PGDM | B1 | CAT, XAT, GMAT | 20.8 | 15.1 |
Great Lakes Institute of Management, Gurgaon (GLIM) – PGPM | B1 | CAT, XAT, GMAT, NMAT | 18.5 | 15.3 |
International Management Institute | B1 | CAT, XAT, GMAT | 22.25 | 16.71 |
International Management Institute | B1 | CAT, XAT, GMAT | 22.25 | 16.07 |
Indian Institute of Management Bodh Gaya | B1 | CAT | 17.96 | 13.7 |
Indian Institute of Management Sambalpur | B1 | CAT | 13.08 | 14.21 |
Indian Institute of Management Sirmaur | B1 | CAT | 16 | 13.93 |
Institute of Management Technology | B1 | CAT, GMAT, XAT | 19.53 | 16.25 |
Institute of Rural Management Anand | B1 | CAT, XAT, CMAT | 16.8 | 14.14 |
Jio Institute | B1 | CAT, GRE, GMAT, GATE, Own Test | 9.75 | 19.34 |
Jio Institute | B1 | CAT, GRE, GMAT, GATE, Own Test | 9.75 | 17.52 |
SDA Bocconi Asia Center | B1 | CAT, NMAT, GMAT, Own Test, GRE | 20.75 | 15.01 |
Sydenham Institute of Management Studies Research and Entrepreneurship Education | B1 | CET, CAT, CMAT | 4.38 | 15.19 |
School of Management & Entrepreneurship, IIT Jodhpur | B1 | CAT | 8.56 | 11.77 |
Narsee Monjee Institute of Management Studies | B1 | NMAT | 34 | 15.9 |
Narsee Monjee Institute of Management Studies | B1 | NMAT | 20 | 17.85 |
T. A. Pai Management Institute | B1 | CAT, XAT, GMAT, NMAT | 19.45 | 13.84 |
University Business School | B1 | CAT | 2.3 | 12.95 |
Xavier University, School of Human Resource Management | B1 | CAT, XAT, GMAT, X-GMT, NMAT | 24.2 | 17.02 |
Birla Institute of Technology & Science Pilani | B1 | BAAT, CAT, XAT, GMAT | 10.87 | 14.63 |
MBE Department of Business Economics Delhi (DBE DU) (MBA BE) | B1 | CAT | 3.24 | 14.41 |
MIB Delhi School of Economics (DSE DU) (MBA HRD) | B1 | CAT | 1.07 | 14.9 |
MIB Delhi School of Economics (DSE DU) (MBA IB) | B1 | CAT | 1.07 | 13.5 |
SIOM – Nashik – MBA Operations | B1 | SNAP | 18.44 | 14.7 |
XIM University – MBA SM | B1 | CAT, XAT, GMAT, X-GMT | 13.5 | 14.02 |
IMT Ghaziabad – PGDM | B1 | CAT, GMAT, XAT | 20.8 | 16.25 |
IMT Ghaziabad – PGDM Marketing | B1 | CAT, GMAT, XAT | 20.8 | 18.8 |
IMT Ghaziabad – PGDM Finance | B1 | CAT, GMAT, XAT | 20.8 | 15.6 |
IMT Ghaziabad – PGDM DCP | B1 | CAT, GMAT, XAT | 20.8 | 16.56 |
IMT Ghaziabad – PGDM BFS | B1 | CAT, GMAT, XAT | 20.8 | 16.3 |
IIM Sambalpur – MBA BA | B1 | CAT | 16.75 | |
IIT Mandi – MBA | B1 | CAT | 5.5 | |
IIT Guwahati – MBA | B1 | CAT | 5.55 | 10.13 |
Indian Institute of Management Bodh Gaya | B1 | CAT | 11.1 | 14.96 |
Indian Institute of Management Bodh Gaya | B1 | CAT | 13.3 | 14.96 |
FORE School of Management | B2 | CAT, XAT, GMAT | 20.77 | 16.01 |
Goa Institute of Management | B2 | CAT, XAT, GMAT, Own Test | 20.4 | 15.6 |
Indian Institute of Management Sirmaur | B2 | CAT, GMAT | 17.5 | 11.82 |
Symbiosis Institute of International Business | B2 | SNAP | 20.92 | 13.5 |
T. A. Pai Management Institute | B2 | CAT, XAT, GMAT, NMAT | 19.45 | 12.97 |
T. A. Pai Management Institute | B2 | CAT, XAT, GMAT, NMAT | 19.45 | 12.77 |
T. A. Pai Management Institute | B2 | CAT, XAT, GMAT, NMAT | 19.45 | 13.35 |
Shri Ram College Delhi – PGDM GBO | B2 | SRCC GBO | 4.7 | 12.5 |
T. A. Pai Management Institute | B2 | CAT, XAT, GMAT, NMAT | 18 | 7 |
IIM Sirmaur – MBA TTHM | B2 | CAT | 14.4 | 13.32 |
MIB Delhi School of Economics (DSE DU) (MBA BA) | B2 | CAT | 1.96 | 14.4 |
National Institute of Bank Management | B3 | CAT, XAT, CMAT, GMAT, GRE | 19.54 | 15.4 |
Institute of Management, Nirma University | B3 | CAT | 12.1 | 11.22 |
Symbiosis Center for Information Technology | B3 | SNAP | 16.79 | 11.58 |
L. N. Welingkar Institute of Management Development & Research | B3 | CAT, XAT, CMAT, ATMA, GMAT | 16 | 13.17 |
Goa Institute of Management | B3 | CAT, XAT, GMAT | 20.4 | 15.4 |
Goa Institute of Management | B3 | CAT, XAT, GMAT | 20.4 | 14.25 |
Indian Institute of Technology (Indian School of Mines) Dhanbad | B3 | CAT | 4 | 11.64 |
K. J. Somaiya Institute of Management | B3 | CAT, XAT, GMAT, NMAT, CMAT | 22.32 | 12 |
Lal Bahadur Shastri Institute of Management | B3 | CAT, XAT, GMAT | 16.5 | 12.24 |
National Institute of Agricultural Extension Management | B3 | CAT | 8.75 | 12.38 |
Management Development Institute | B3 | CAT, XAT, GMAT | 15.51 | 10.67 |
Narsee Monjee Institute of Management Studies | B3 | NMAT | 19.54 | 13.6 |
Narsee Monjee Institute of Management Studies | B3 | NMAT | 21.04 | 14 |
Praxis Business School – PGP DS | B3 | Own Test | 6.05 | 13.5 |
SIDTM Pune – MBA DTM | B3 | SNAP | 17.03 | 13.08 |
Symbiosis Center for Information Technology | B3 | SNAP | 16.79 | 11.16 |
SIBM Bengaluru – MBA + MBA BA + MBA QF | B3 | SNAP | 22 | 14.47 |
Symbiosis Institute of International Business (SIIB) | B3 | SNAP | 14.92 | 10.04 |
Symbiosis Institute of International Business (SIIB) | B3 | SNAP | 14.88 | 11.81 |
L. N. Welingkar Institute of Management Development & Research | B3 | CAT, XAT, CMAT, ATMA, GMAT | 16 | 13.17 |
L. N. Welingkar Institute of Management Development & Research | B3 | CET, CAT, CMAT | 9.8 | 11.2 |
Institute of Management, Nirma University | B3 | CAT | 12.1 | 11.22 |
GIM – PGDM IDA | B3 | CAT, XAT, GMAT | 20.4 | 14.1 |
WE School – Mumbai – PGDM E-Business | B3 | CAT, XAT, GMAT, ATMA, CMAT | 14 | 12.47 |
WE School – Mumbai – PGDM Business Design | B3 | CAT, XAT, GMAT, ATMA, CMAT | 14.17 | 13.2 |
WE School – Mumbai – PGDM Retail Management | B3 | CAT, XAT, GMAT, ATMA, CMAT | 14.13 | 12.41 |
WE School – Mumbai – PGDM Healthcare Management | B3 | CAT, XAT, GMAT, ATMA, CMAT | 14.87 | 12.6 |
WE School – Mumbai – PGDM Rural Management | B3 | CAT, XAT, GMAT, ATMA, CMAT | 14.2 | 12.69 |
WE School – Mumbai – PGDM Media & Entertainment | B3 | CAT, XAT, GMAT, ATMA, CMAT | 14 | 11.93 |
Loyola Institute of Business Administration | B4 | CAT, XAT | 19.29 | 11.21 |
School of Inspired Leadership | B4 | CAT, XAT, MAT, GMAT | 15.9 | 10.75 |
SP Jain School of Global Management (Masters in Global Business) (MGB) | B4 | CAT, GMAT, GRE, Own Test | 33.13 | 19.85 |
Bharathidasan Institute of Management | B4 | CAT, XAT, GMAT | 16.3 | 11.8 |
Great Lakes Institute of Management, Gurgaon (GLIM) – PGDM | B4 | CAT, XAT, GMAT | 18.5 | 11.7 |
IFMR Chennai – MBA | B4 | CAT, XAT, CMAT, NMAT, GMAT, GRE | 19.06 | 13.04 |
Institute of Management Technology, Nagpur (IMT-N) (PGDM) | B4 | CAT, XAT, CMAT, GMAT | 15.12 | 10.8 |
Narsee Monjee Institute of Management Studies | B4 | NMAT | 19.54 | 12.65 |
Narsee Monjee Institute of Management Studies | B4 | NMAT | 17.54 | 12.4 |
National Insurance Academy, Pune | B4 | CAT, XAT, CMAT | 14.5 | 12.74 |
School of Inspired Leadership, Gurgaon (SOIL) (PGPM) | B4 | CAT, XAT, MAT, GMAT | 15.9 | 11.7 |
Xavier Institute of Management (XIMB), Bhubaneshwar | B4 | CAT, XAT, GMAT | 22 | 9.8 |
International Management Institute (IMI), Bhubaneswar | B5 | CAT, XAT, CMAT, GMAT | 16.3 | 12.02 |
International Management Institute (IMI), Kolkata | B5 | CAT, XAT, CMAT, GMAT | 16 | 12.02 |
NL Dalmia Institute of Management Studies and Research (PGDM) | B5 | CAT, XAT, CMAT, CET, MAT, ATMA, GMAT | 14.7 | 10.28 |
Pandit Deendayal Energy University, formerly Pandit Deendayal Petroleum University | B5 | CAT, XAT, NMAT | 10.96 | 9.32 |
Birla Institute of Management Technology (BIMTECH) | B5 | CAT, GMAT, XAT, CMAT | 14 | 11.1 |
Christ University Institute of Management (CUIM), Bangalore | B5 | CAT, GMAT, XAT, CMAT, MAT, ATMA, GRE | 9.96 | 7.9 |
FMS – BHU (MBA + MBA AB + MBA IB) | B5 | CAT | 3.98 | 11.3 |
Institute of Management Technology, Hyderabad (PGDM) | B5 | CAT, XAT, CMAT, GMAT | 15.03 | 12.3 |
Praxis Business School, Kolkata – PGDM | B5 | CAT, XAT, CMAT, GMAT, MAT, ATMA | 11.3 | 9.08 |
Department of Management Sciences, Savitribai Phule Pune University | B5 | CET, CAT, CMAT, MAT, ATMA | 4.4 | 11.23 |
School of Inspired Leadership, Gurgaon (SOIL) (PGPM HR) | B5 | CAT, XAT, MAT, GMAT | 15.9 | 10.5 |
SDMIMD Mysore | B5 | CAT, XAT, CMAT, ATMA, GMAT, MAT | 12.7 | 10 |
SIMS Pune – MBA | B5 | SNAP | 14.68 | 10.12 |
Symbiosis school of banking and finance, Pune | B5 | SNAP | 18.23 | 10.8 |
L. N. Welingkar Institute of Management Development & Research | B5 | CAT, XAT, CMAT, ATMA, GMAT | 16 | 11.11 |
Xavier University, School of Rural Management (MBA RM) | B5 | CAT, XAT, GMAT, X-GMT, NMAT | 16.2 | 11.5 |
XIME Bangalore (PGDM + PGDM Business Analytics) | B5 | GMAT, CMAT, CAT, MAT, ATMA, XAT | 14.87 | 10.7 |
Birla Institute of Management Technology (BIMTECH) | B5 | CAT, GMAT, XAT, CMAT, MAT | 13 | 11.1 |
WE School – Bengaluru – PGDM E-Business | B5 | CAT, XAT, GMAT, ATMA, CMAT | 14 | 10.78 |
WE School – Bengaluru | B5 | CAT, XAT, GMAT, ATMA, CMAT | 14.15 | 10.9 |
Delhi School of Management, Delhi | C1 | CAT | 4 | 7.5 |
DMS – NIT Trichy | C1 | CAT | 3.17 | 7.9 |
FLAME University | C1 | CAT,XAT,NMAT,MAT,CMAT,MH-CET,GMAT | 19.7 | 9.46 |
IFHE, IBS Hyderabad | C1 | CAT, NMAT, GMAT, IBSAT | 17.01 | 10.42 |
Indian Institute of Forest Management | C1 | CAT, XAT, GMAT, CMAT, MAT | 11.8 | 10.38 |
Indian Institute of Social Welfare & Business Management | C1 | CAT | 9 | 9 |
NIT, Calicut | C1 | CAT, CMAT | 4.8 | 9.63 |
SIES School of Business Studies | C1 | CAT, XAT, CMAT, ATMA, GMAT, MAT | 12 | 9.1 |
Symbiosis Institute of Business Management, Hyderabad (SIBM) | C1 | SNAP | 17.47 | 8.9 |
Vivekanand Business School | C1 | CAT, XAT, MAT, CMAT, ATMA, CET, GMAT | 9.5 | 8.5 |
St Joseph’s Institute of Management | C2 | CAT, XAT, GMAT, CMAT, MAT, ATMA | 9.8 | 9 |
Chetana’s R. K. Institute of Management and Research | C2 | CET, CAT, MAT, XAT, ATMA, CMAT | 4.2 | 7 |
ICFAI Business School – IBS | C2 | CAT, NMAT, IBSAT, XAT,GMAT | 9.09 | 8.03 |
IMS Ghaziabad – PGDM | C2 | CAT,MAT,CMAT,XAT | 9.5 | 9.23 |
ISBR Business School | C2 | CAT, XAT, MAT, CMAT, ATMA, NMAT, GMAT, KMAT, PGCET, Own Test | 10.11 | 8.01 |
Mahindra University – School of Management | Emerging | CAT, GMAT, GRE, Own Test | 22.2 | 8.6 |
Amrut Mody School of Management, Ahmedabad University | Emerging | CAT, XAT, NMAT, GMAT, GRE, CMAT | 10 | 6.66 |
K. J. Somaiya | Emerging | CAT, XAT, GMAT, NMAT, CMAT | 22.32 | 8.23 |
LM Thapar School of Management | Emerging | CAT, NMAT, XAT, CMAT, MAT, GMAT, GRE, SNAP, Own Test | 13.5 | 8.17 |
GNIOT Institute of Management Studies (GIMS) | Emerging | CAT | 8.43 | 5.86 |
Scaler School of Business | Emerging | CAT, GMAT, GRE | 21.75 | 25 |
IES MCRC | Emerging | CAT, MAT, ATMA, XAT, GMAT, CMAT, CET | 8.8 | |
IES MCRC | Emerging | CAT, MAT, ATMA, XAT, GMAT, CMAT, CET | 8.8 | |
CEPT University | Emerging | CAT, CMAT, GMAT, XAT, GRE, CUET PG, ATMA, MAT, Own Test | 7.6 |
*Fees Included with Accommodation
We recommend you to talk to your mentor to figure out which program is best for you. And to check the exact ranking methodology and parameters, scroll down to the end of the blog.
Read More – Top PGDM Colleges in India
Tier 2 MBA Colleges in India: 10 Best MBA Colleges
Here is a list of the MBA colleges which may not fulfill the criteria of great ROI, excellent placement salaries, or may not be highly ranked among the students yet they offer good ROI and above average placement packages. Such B-schools also offer relevant industry courses and meet the expectations of students. It’s best to check out the list of tier 2 MBA colleges, if in case someone is not able to take admission to the tier 1 colleges.
MBA Colleges in India | IMS Classification | Exams Accepted | Fees (Rs. Lakhs) | Average Salary (LPA) |
Great Lakes Institute of Management, Chennai (GLIM) (PGPM) | A4 | CAT, XAT, GMAT, NMAT | 21.25 | 18.10 |
IIM-Raipur (PGP) | A4 | CAT | 16.28 | 19.7 |
IIM-Ranchi (MBA) | A4 | CAT | 17.50 | 18.69 |
IIM-Rohtak (PGP) | A4 | CAT | 17.90 | 19.27 |
IIM-Trichy (PGPM + PGPM-HR) | A4 | CAT | 19.70 | 19.43 |
IIM-U (MBA) | A4 | CAT | 20.50 | 20.3 |
IIT KGP VGSOM) (MBA) | A4 | CAT | 12.70 | 20.83 |
IIT-M DOMS (MBA) | A4 | CAT | 10.99 | 16.93 |
JBIMS (MSc Finance) | A4 | CAT, CET | 9.00 | 19.35 |
MICA, Ahmedabad (PGDM-C + PGDM) | A4 | CAT, XAT, GMAT + MICAT | 23.00 | 20.09 |
Top MBA Colleges in Mumbai
Here is a list of the Top 5 MBA Colleges in Mumbai including private as well as public colleges. Each of these MBA colleges in Mumbai offers world class MBA courses. The fees for MBA programs in Mumbai vary from ₹2 lakhs to ₹25 lakhs per annum.
Institute Name | IMS Classification | Tests Accepted | Fees (In Lac) | Final Placement (Avg. in LPA) |
S. P. Jain Institute of Management and Research | A1 (CDC) | CAT, GMAT | 22.5 | 33 |
Indian Institute of Management Mumbai | A2 | CAT | 21 | 33.84 |
JBIMS Mumbai | A2 | CET, CAT, CMAT, MAT, ATMA | 6 | 26.12 |
TISS Mumbai(HRM & LR) | A2 | CAT | 2.07 | 26.31 |
NMIMS Mumbai | A3 | NMAT | 25 | 25.13 |
Read More: Top 10 MBA Colleges in Mumbai.
Top MBA Colleges in Hyderabad
Hyderabad isn’t just about Tech city and engineering graduates. It also hosts some of the best MBA colleges offering programs in a variety of specializations. If you are thinking about building a career in management, it is a good idea to check out the top MBA colleges in Hyderabad including fee details and placement.
Institute | Avg Package (LPA) | Fees (₹ Lakhs) |
ISB Hyderabad | 34.21 | 29.99 |
NMIMS Hyderabad | 13.01 | 19.54 |
IMT Hyderabad | 12.3 | 15.03 |
MANAGE Hyderabad | 12.33 | 8.75 |
SIBM Hyderabad | 9.30 | 17.47 |
Top MBA Colleges in Delhi
The table below mentions the best colleges for MBA in Delhi with information on fees and accepted entrance exams for various institutions. For instance, the Faculty of Management Studies (FMS) leads with the highest average salary of ₹34.10 LPA and relatively low fees of ₹4.92 lakhs, accepting the CAT exam.
Institute Name | Exams Accepted | Fees (Rs. Lakhs) | Average Salary (LPA) |
FMS | CAT | 4.92 | 34.10 |
IIT, Delhi | CAT | 11.20 | 17.60 |
IMI Delhi – PGDM | CAT, XAT, GMAT | 22.25 | 17.20 |
Shri Ram College Delhi – PGDM GBO | SRCC GBO | 4.70 | 10.88 |
MIB Delhi School of Economics (DSE DU) | CAT | 2.30 | 14.00 |
MIB Delhi School of Economics (DSE DU)(MBA IB) | CAT | 2.30 | 13.94 |
Delhi School of Management | CAT | 4.00 | 7.50 |
Top MBA Colleges in Chennai
Institute Name | Exams Accepted | Fees (Rs. Lakhs) | Average Salary (LPA) |
IIT Madras |
CAT | 10 – 17 Lakhs | 18.00 |
Great Lakes Institute of Management, Chennai | CAT, XAT, GMAT, NMAT | 18.50 – 22.65 Lakhs | 17.00 |
Loyola Institute of Business Administration (LIBA), Chennai | CAT, XAT | 19.29 Lakhs | 11.00 |
Hindustan Institute of Technology and Science – [HITS], Chennai | CAT, MAT | 3 – 4 Lakhs | 7.50 |
College of Engineering, Anna University – [CEG], Chennai | MAT, ATMA, XAT, TANCET, CAT, CMAT | 6 – 12 Lakhs | 8.54 |
The Ranking Methodology Used for Classifying the Top MBA Colleges in India
IMS, with its longstanding reputation for quality training for management entrances, has had a decades-long connection with the top MBA colleges in India. Our mentors, themselves alumni of the best MBA colleges, have also had the privilege of teaching students in top business programs. Through these variegated interactions, we’ve developed a duly-researched, expert-vetted, and properly curated list of top MBA colleges in India with a fee structure. But, don’t forget to go through the ranking parameters we’ve used to classify the colleges.
Apart from the informed opinion of our mentors, we’ve also factored in information available in the public domain. Do keep in mind that despite the fact that this information is freely available, it is not always accessible to all. Our mentors spent weeks collating verified data from reports released by the government and the colleges themselves. Each ranking factor has been given due weightage and consideration to develop a holistic list of top MBA schools in India.
Read More:
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- CAT Exam 2025: Date, Registration, Eligibility, Pattern, Syllabus, Preparation Tips, Cutoff
- CAT Syllabus 2025 – Section-wise syllabus, important topics, and types of questions
Key parameters to Classify the Best MBA Colleges in India
We have made the list of best colleges for MBA in India with the help of some key parameters. These parameters are based on the factors, like fees, placement data, ROI, brand value of the institution, and mentor opinions.
- Placement Data – The average data for the final and summer placements is considered.
- ROI for the Students – The total cost of the degree, including hostel fees and the time taken to recover the invested amount. It’s the most crucial point for the students and parents before investing in education.
- Entrance Test Cutoffs – Cutoffs by MBA schools are the key representative of the result quality and the kind of students getting admissions.
- Brand and Legacy Value – This is about the external as well as the internal perception of the institute among the students and mentors.
- Mentor Opinions – The opinions of the past students, mentors, and expert reviews play a pivotal role in shaping the perceptions about the college.
Let’s understand these parameters in detail:
How Helpful are the Placement Records of MBA Colleges in India?
Campus placements are helpful, to a certain extent, in evaluating the quality of B-schools. However, there is no standard or reliable reporting on B-schools’ placement data, which provides fairly available data. B-schools may boast of a placement record of up to 100 percent. However, such claims should not be taken at face value, and should be scrutinized closely.
Additionally, the placement numbers presented by B-schools are only short-term oriented. You can’t conclude a long-term advantage based on the placement figures. Sometime earlier, IIM Ahmedabad had launched the Indian Placement Reporting Standards (IPRS), but it’s not accepted by most business schools. Almost every aspirant has a very firm eye on the post-MBA salary they would receive. They are also interested in the quality of the job they would land and the prospects it carries.
While placement statistics such as highest, average, and median salaries alone cannot be used to determine student outcomes, it is the only source of clean data easily available. Keeping that in mind, while we’ve used placement data as one of the factors to form this list of the top MBA colleges in India, it is not the only one.
Why is ROI of MBA Colleges for students Important?
Pursuing an MBA degree from a top B School is a massive investment of time, money, and energy. Most colleges charge exorbitant fees without any value for investment. But most of the top MBA programs offer great returns down the line in terms of the courses, facilities, and placements offered. It allows you to quickly recover your investment cost and build equity. We’ve used this parameter to score colleges on how well they help you build your career in the right direction. Keep in mind, as we move down the list, his parameter takes up greater importance, considering the fact that spending heftily on a program with little to no returns is a bad investment.
How Do Entrance Test Cutoffs Affect the Brand Value of MBA Colleges?
While CAT is the most popular of all management entrances, there are a slew of other tests that enable students to get admission to the best MBA colleges in India. But whatever the test, as a rule of thumb, the higher the cutoff, the better the quality of the incoming students. Though colleges remain steadfast with their cutoffs, they do aim to have a student body of varied calibre and diverse profiles.
Better students generate better outcomes for the college, in turn adding immense brand value to the institution. Conversely, the college’s brand value helps students land better roles in better companies, accelerating career growth. Moreover, given the fact that peer groups in the top MBA colleges can greatly influence learning, a higher quality of students ensures more exposure, better discussions, and diverse perspectives.
Read More – CAT Score vs Percentile – How much do you need to score to get > 90th percentile?
Top Tier 2 MBA Colleges in India
How is the Brand and Legacy Value of MBA Colleges Determined?
An institution’s reputation is its brand value, and it is a crucial factor among the aspirants to get a perception about the institution. The brand and the legacy value are based on the employer reviews, academic perception, and peer perception. Often, the age of the institute also plays a part in carving a legacy.
It is obvious even to a cursory observer of the ‘MBA world’ that the stronger the brand, the better the placements. It’s an immediate yet meaningful way of assessing the impact of the b-school brand on your post-MBA prospects. It is true that a ‘strong b-school brand’ will give a definite push toward a more rewarding career.
Some Key Points to Consider:
- Usually, established B-schools have a better reputation than the newer ones.
- However, you should not generalize at a surface level. There might be such occurrences when an older, well-established B-school begins with a new campus and helps it to set up. The support from the parent campus may be limited and may not provide all the support, like faculty support, admissions, or placement support.
- You must consider the quality and long-term benefits over the short-term benefits, like salary packages. A long-term association with a good B-school brand can outweigh the transient benefits, such as ‘salary’.
- If you graduate with a brand value of a top B-school, especially the IIMs, you will have larger opportunities of working in national as well as global corporations.
How Do Mentor Opinions Shape the Perception among the Students?
Over the decades since IMS set up India’s first management training program, our mentors have come to gain tremendous firsthand experience of what a management degree entails. They’ve trained students to get into the best B schools in India and abroad and seen their career trajectories take off. All of this knowledge translates into well-informed subjective opinions that hold a lot of weight for our students.
Important Points: Many B schools make tall claims that they cannot possibly back up with verified data. It is a common practice to inflate CTC and placement numbers to make them more attractive. It is up to you to judge the veracity of each claim by doing extensive research on each college. Study their websites in detail, reach out to alumni, professors, and other stakeholders to gain a better understanding of the college.
Moreover, do not blindly follow other people’s beliefs. Studying in the top MBA colleges in India is a matter of great personal drive, growth, and individual reckoning. A school that might be ideal for someone else might not be the right one for you. In our effort to make this process more streamlined and aid MBA aspirants in zeroing in on the best MBA colleges for them, we release an updated list of the best MBA colleges in India every year.
Read More – CAT Preparation – How to start your CAT preparation on the right note? | IIM Shillong Launches IPM Program
How Should One Choose the Best MBA College In India?
The choice of the best MBA colleges in India primarily boils down to a set of fixed objective and subjective parameters. These parameters make it easier to filter out the ones that fit your profile perfectly. For starters, each student must list out their non-negotiables first:
- What are your expectations from a top B school?
- Are you looking for a residential or non-residential program?
- Are there any preferences for specific regions or cities?
- What is your academic proficiency and aptitude level?
- How much time are you willing to put into your preparation?
- How much financial flexibility do you possess?
- What are your larger career objectives?
Once you have these questions answered, you can start analyzing all the top MBA colleges in India. Each MBA college has something different to offer. You may get a great college experience, a brand and legacy value, a great ROI, to exclusive placement offers. Each of the best B schools in India provides incredible opportunities that prepare you not just for a corporate career but also for entrepreneurship and leadership.
FAQs on the Top MBA Colleges in India
What are the top 10 MBA colleges in India?
FMS Delhi, IIM A, IIM B, IIM C, IIM Indore, IIM Kozhikode, IIM Rohtak, IIM Lucknow, DMS IIT Delhi, SIIB Pune, and ISB Hyderabad are the top 10 MBA colleges in India. While choosing the best B-school for yourself, you should factor in the reputation of the college, tuition fee, and placement records.
What are the top MBA colleges that get the highest placement packages?
IIM Bangalore tops the list with 35.92 LPA in 2024. FMS Delhi with 34.10 in 2023 and IIM A with 34.45 in 2023 are also in the top 3 colleges.
What’s the best college for MBA in India?
The best depends on an aspirants goals. It’s hard to say one college as the best one. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, FMS Delhi, ISB, and XLRI Jamshedpur fall among the best colleges for MBA in India. You must analyze the top B-schools in India on fee, program features, faculty, and placements.
Which MBA college is best for placement in 2025?
Several top institutes like IIM-A, IIM-B, FMS Delhi, IIM-C, ISB Hyderabad, IIM-L, IIM-K, IIM-I, IIM Mumbai, IIFT, and XLRI Jamshedpur offer the best placement offers to the graduates. IIM-B, IIM-A, and FMS top the list of placement offers with an average of 32 LPA and 36 LPA.
How to get into the top MBA colleges?
If you aspire to pursue the MBA at IIMs and other top colleges, you must appear for the CAT exam and score the cutoff marks declared by the colleges. You can check the eligibility criteria for CAT and cutoffs for the IIMs and top MBA schools.
Read More: Crack the CAT 2025 Exam
What are the Top MBA colleges for marketing in India?
If you aim to pursue a top MBA in Marketing in India, consider taking admission to IIM-A, ISB, IIM-B, IIM-C, IIM-L, etc. There are other best colleges for MBA in marketing which offers great brand and ROI to aspirants.
What are the top colleges for MBA in HR in India?
The top colleges for MBA HR in India includes XLRI and Jamshedpur. These colleges provide PGDBM, PGDHRM, and Postgraduate Diploma Program in Human Resource Management HRM. The course is for 2 years full-time. Other best MBA HR collehes are Management Development Institute (MDI), TISS, IIM-I, etc.
If you aim to pursue MBA in HR management check here for the best colleges in India for MBA HR. The list includes only those MBA Colleges that offer exclusive and separate MBA HR Courses instead of specializations only.
What are the top colleges for MBA in travel and tourism in India?
Top colleges for MBA in Travel and Tourism include the Indian Institute of Tourism and Travel Management (IITTM), Jamia Millia Islamia (JMI), BHU, Tezpur University, etc. Aspirants can take admission from entrance exams like the CAT, MAT, or CMAT.
What are the Top 50 MBA colleges in India with fee structure?
FMS Delhi, IIM A, IIM B, IIM C, IIM Indore, IIM Kozhikode, IIM Rohtak, IIM Lucknow, DMS IIT Delhi, SIIB Pune, and ISB Hyderabad are the top B-schools based on the fee structure. Before you select a college, you should factor in the reputation of the college, tuition fee, and placement records.
Disclaimer: The information, statistics, and data contained herein are produced, processed, compiled, and based on various sources from the public domain, believed to be reliable to the best of our knowledge. These details have been shared for reference purposes only. IMS does not make any warranties or representations regarding the quality, content, suitability, completeness, adequacy, accuracy, or timeliness of such information, placement report, and data. Readers are further advised to procure information from the official websites of the respective Universities/institutes/ Business Schools, etc.