Top MBA Colleges in India 2025: Ranking List of Best MBA Colleges with Fees, Entrance Exam, & Placements

IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, DMS IIT Delhi, IIM Lucknow, FMS Delhi, IIM Rohtak, SIIB Pune, IIM Indore, IIM Raipur, etc., are among the top MBA colleges in India. With over 5,500 MBA schools spread across the country, along with the top 50, picking the right one can become an arduous task, and lead to immense confusion among students. How does one select the top business schools in India for one’s ambitions, career aspirations, and future goals from the long list? The list is long with the top IIMs, 50+ private schools, and 40 Government schools among others.

Latest Updates – CAT Notification 2025 is expected to be out by 30th July, 2025.

   📌 The highly anticipated CAT 2025 exam will be held by the IIM Kozhikode on 30th November 2025.

   📌The CAT notification will contain all the most critical information about the exam – the most vital dates, the exam pattern, the marking scheme, and other crucial details. 

 

 

 

For now, let’s dive in and see what the list of the best MBA colleges in India with a fee structure looks like. We have ranked different programs from the same college in different categories depending on the specific program score. Colleges within the same classification largely offer the same advantages. However, do 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. 

Top MBA colleges in India – Top B schools list with average salary, total fees, and qualification exam

Program	Institute Name	IMS Classification	Tests Accepted	Final Placement (Avg, in LPA) (Not Displayed)	Fees (Total, in Lac)
FMS Delhi – MBA	Faculty of Management Studies – University of Delhi	A1 (CDC)	CAT	34.1	2.32
IIM Ahmedabad – MBA	Indian Institute of Management Ahmedabad	A1 (CDC)	CAT	34.45	26.5
IIM Bangalore – MBA + MBA BA	Indian Institute of Management Bangalore	A1 (CDC)	CAT	35.92	26
IIM Calcutta – MBA	Indian Institute of Management Calcutta	A1 (CDC)	CAT	35.07	31
IIM Indore – PGP	Indian Institute of Management Indore	A1 (CDC)	CAT	25.68	21.17
IIM Kozhikode – PGP	Indian Institute of Management Kozhikode	A1 (CDC)	CAT	28.05	23.5
IIM Lucknow – MBA + MBA-ABM	Indian Institute of Management Lucknow	A1 (CDC)	CAT	30	20.75
ISB – PGP	Indian School of Business	A1 (CDC)	GMAT, GRE	34.21	39.51
SPJIMR – PGDM + PGDM (BM)	S. P. Jain Institute of Management and Research	A1 (CDC)	CAT, GMAT	33	22.5
XLRI – PGDBM + PGDHRM	XLRI – Xavier School of Management	A1 (CDC)	XAT	31.08	31.59
IIM Kozhikode – PGP Finance	Indian Institute of Management Kozhikode	A1 (CDC)	CAT	28.05	20.5
IIM Kozhikode – PGP LSM	Indian Institute of Management Kozhikode	A1 (CDC)	CAT, GMAT, GRE	28.05	20.5
ISB – PGP YL	Indian School of Business	A1 (CDC)	CAT, GMAT, GRE		29.99
IIFT – MBA (IB)	Indian Institute of Foreign Trade	A2	CAT	27.3	21.87
IIM Mumbai – MBA	Indian Institute of Management Mumbai	A2	CAT	33.84	21
IIM Calcutta – PGDBA	Indian Institute of Management Calcutta	A2	PGDBA	29.71	25
IIM Shillong – PGP	Indian Institute of Management Shillong	A2	CAT	26.1	26.18
SJMSOM IIT Bombay – MBA	Shailesh J. Mehta School of Management, Indian Institute of Technology Bombay	A2	CAT	28.01	15.15
JBIMS – MMS	Jamnalal Bajaj Institute of Management Studies	A2	CET, CAT, CMAT, MAT, ATMA	26.12	6
MDI – PGDM + PGDM-IB + PGDM-HRM	Management Development Institute	A2	CAT, GMAT	26.2	28.16
TISS – HRM	Tata Institute of Social Sciences	A2	CAT	26.31	2.07
TISS – ODCL	Tata Institute of Social Sciences	A2	CAT	24.6	8.49
IIM Mumbai – OSCM	IIM Mumbai – OSCM	A2	CAT		21
IIM Mumbai – SM	IIM Mumbai – SM	A2	CAT		21
IISc Bangalore – M.Mgt	Department of Management Studies, Indian Institute of Science	A3	CAT, GMAT	26.8	5.42
IIM Ahmedabad – MBA-FABM	Indian Institute of Management Ahmedabad	A3	CAT	20.11	25
IIM Indore – PGP-HRM	Indian Institute of Management Indore	A3	CAT	25	18.42
IIM Lucknow – MBA-SM	Indian Institute of Management Lucknow	A3	CAT	20.37	20.75
IIT Delhi DMS – MBA	Department of Management Studies, Indian Institute of Technology Delhi	A3	CAT	25.82	12
NMIMS Mumbai – MBA Core	Narsee Monjee Institute of Management Studies	A3	NMAT	25.13	25
SIBM Pune – MBA	Symbiosis Institute of Business Management	A3	SNAP	28.8	24.9
SCMHRD – MBA	Symbiosis Centre for Management and Human Resource Development	A3	SNAP	21.47	24.12
Great Lakes Institute of Management, Chennai (GLIM) – PGPM	Great Lakes Institute of Management, Chennai (GLIM) – PGPM	A4	CAT, XAT, GMAT, NMAT	17.3	22.65
IIM Raipur – PGP	Indian Institute of Management Raipur	A4	CAT	18.15	18
IIM Ranchi – MBA	Indian Institute of Management Ranchi	A4	CAT	19.24	19.23
IIM Rohtak – PGP	Indian Institute of Management Rohtak	A4	CAT	18.73	17.9
IIM Trichy – PGPM + PGPM-HR	Indian Institute of Management Tiruchirappalli	A4	CAT	19.43	19.5
IIM Udaipur – MBA	Indian Institute of Management Udaipur	A4	CAT	18.8	20.43
IIT Kharagpur VGSOM – MBA	Vinod Gupta School of Management, Indian Institute of Technology Kharagpur	A4	CAT	20.81	12.64
IIT Madras DOMS – MBA	Department of Management Studies, Indian Institute of Technology Madras	A4	CAT	16.93	13.55
JBIMS – MSc Finance	Jamnalal Bajaj Institute of Management Studies	A4	CAT, CET	19.35	9
MICA – PGDM-C + PGDM	Mudra Institute of Communications Ahmedabad	A4	CAT, XAT, GMAT, MICAT	19.22	26
NMIMS Mumbai – MBA HR	Narsee Monjee Institute of Management Studies	A4	NMAT	18.64	25.84
Xavier Institute of Management (XIMB) – MBA BM	Xavier Institute of Management	A4	CAT, XAT, GMAT, X-GMT	19.53	24.2
BITSoM – MBA	BITS School of Management	A4	CAT, GMAT, GRE	23.41	27.2
IIM Ranchi – MBA-HR	Indian Institute of Management Ranchi	A4	CAT	19.02	17.5
JBIMS – MHRD	Jamnalal Bajaj Institute of Management Studies	A4	CAT, CET	21	6
SCMHRD – MBA BA	Symbiosis Centre for Management and Human Resource Development	A4	SNAP	22.14	19.98
DoMS IIT Roorkee – MBA	Department of Management Studies, Indian Institute of Technology Roorkee	A5	CAT	18.3	8.79
IMI Delhi – PGDM	International Management Institute	A5	CAT, XAT, GMAT	16.71	22.25
IIM Amritsar – MBA + MBA BA + MBA HRM	Indian Institute of Management Amritsar	A5	CAT	15.51	17.3
IIM Jammu – MBA	Indian Institute of Management Jammu	A5	CAT	16.54	17.15
IIM Kashipur – MBA + MBA Analytics	Indian Institute of Management Kashipur	A5	CAT	18.1	17.3
IIM Ranchi – MBA BA	Indian Institute of Management Ranchi	A5	CAT	19.87	17.5
IIM Visakhapatnam – PGP	Indian Institute of Management Visakhapatnam	A5	CAT	15.61	19
DOMS IIT KANPUR – MBA	Department of Management Sciences, Indian Institute of Technology Kanpur	A5	CAT	18.2	13.5
Masters’ Union – PGP TBM	Masters’ Union	A5	CAT, GRE, GMAT, Own Test	28.52	29.38
SCMHRD – MBA IDM	Symbiosis Centre for Management and Human Resource Development	A5	SNAP	16.11	16.09
Department of Financial Studies (DFS DU) (MBA Finance)	Department of Financial Studies (DFS DU) (MBA Finance)	A5	CAT	15.1	2.3
XIM University – MBA RM	XIM University – MBA RM	A5	CAT, XAT, GMAT, X-GMT	12.5	24.2
IIM Nagpur – MBA	Indian Institute of Management, Nagpur	A5	CAT	18.07	18.9
IIM Jammu – MBA (HA & HM)	IIM Jammu – MBA (HA & HM)	A5	CAT	14.01	14.82
HSS IIT Kharagpur – MHRM	Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur	B1	CAT	15.43	5.14
GIM – PGDM	Goa Institute of Management	B1	CAT, XAT, GMAT	14.81	20.4
Great Lakes Institute of Management, Chennai (GLIM) – PGDM	Great Lakes Institute of Management, Chennai (GLIM) – PGDM	B1	CAT, XAT, GMAT	15.1	20.8
Great Lakes Institute of Management, Gurgaon (GLIM) – PGPM	Great Lakes Institute of Management, Gurgaon (GLIM) – PGPM	B1	CAT, XAT, GMAT, NMAT	15.3	18.5
IMI Delhi – PGDM B&FS	International Management Institute	B1	CAT, XAT, GMAT	16.71	22.25
IMI Delhi – PGDM HRM	International Management Institute	B1	CAT, XAT, GMAT	16.07	22.25
IIM Bodh Gaya – MBA	Indian Institute of Management Bodh Gaya	B1	CAT	13.7	17.96
IIM Sambalpur – MBA	Indian Institute of Management Sambalpur	B1	CAT	14.21	13.08
IIM Sirmaur – MBA	Indian Institute of Management Sirmaur	B1	CAT	13.93	16
IMT Ghaziabad – PGDM + Marketing + Finance + DCP + BFS	Institute of Management Technology	B1	CAT, GMAT, XAT	16.25	19.53
IRMA – PGDM RM	Institute of Rural Management Anand	B1	CAT, XAT, CMAT	14.14	16.8
Jio Institute – PGP in AI & DS	Jio Institute	B1	CAT, GRE, GMAT, GATE, Own Test	19.34	9.75
Jio Institute – PGP in DM & MC	Jio Institute	B1	CAT, GRE, GMAT, GATE, Own Test	17.52	9.75
SDA Bocconi Asia Center – IMB	SDA Bocconi Asia Center	B1	CAT, NMAT, GMAT, Own Test, GRE	15.01	20.75
SIMSREE – MMS	Sydenham Institute of Management Studies Research and Entrepreneurship Education	B1	CET, CAT, CMAT	15.19	4.38
SME IIT Jodhpur – MBA	School of Management & Entrepreneurship, IIT Jodhpur	B1	CAT	11.77	8.56
NMIMS Mumbai – MBA DS&A	Narsee Monjee Institute of Management Studies	B1	NMAT	15.9	34
NMIMS Mumbai – MBA BA + DT	Narsee Monjee Institute of Management Studies	B1	NMAT	17.85	20
TAPMI – MBA	T. A. Pai Management Institute	B1	CAT, XAT, GMAT, NMAT	13.84	19.45
UBS – MBA	University Business School	B1	CAT	12.95	2.3
Xavier Institute of Management (XIMB) – MBA HRM	Xavier University, School of Human Resource Management	B1	CAT, XAT, GMAT, X-GMT, NMAT	17.02	24.2
BITS Pilani – MBA BA	Birla Institute of Technology & Science Pilani	B1	BAAT, CAT, XAT, GMAT	14.63	10.87
MBE Department of Business Economics Delhi (DBE DU) (MBA BE)	MBE Department of Business Economics Delhi (DBE DU) (MBA BE)	B1	CAT	14.41	3.24
MIB Delhi School of Economics (DSE DU) (MBA HRD)	MIB Delhi School of Economics (DSE DU) (MBA HRD)	B1	CAT	14.9	1.07
MIB Delhi School of Economics (DSE DU) (MBA IB)	MIB Delhi School of Economics (DSE DU) (MBA IB)	B1	CAT	13.5	1.07
SIOM – Nashik – MBA Operations	SIOM – Nashik – MBA Operations	B1	SNAP	14.7	18.44
XIM University – MBA SM	XIM University – MBA SM	B1	CAT, XAT, GMAT, X-GMT	14.02	13.5
IMT Ghaziabad – PGDM	IMT Ghaziabad – PGDM	B1	CAT, GMAT, XAT	16.25	20.8
IMT Ghaziabad – PGDM Marketing	IMT Ghaziabad – PGDM Marketing	B1	CAT, GMAT, XAT	18.8	20.8
IMT Ghaziabad – PGDM Finance	IMT Ghaziabad – PGDM Finance	B1	CAT, GMAT, XAT	15.6	20.8
IMT Ghaziabad – PGDM DCP	IMT Ghaziabad – PGDM DCP	B1	CAT, GMAT, XAT	16.56	20.8
IMT Ghaziabad – PGDM BFS	IMT Ghaziabad – PGDM BFS	B1	CAT, GMAT, XAT	16.3	20.8
IIM Sambalpur – MBA BA	IIM Sambalpur – MBA BA	B1	CAT		16.75
IIT Mandi – MBA	IIT Mandi – MBA	B1	CAT		5.5
IIT Guwahati – MBA	IIT Guwahati – MBA	B1	CAT	10.13	5.55
IIM Bodh Gaya – MBA HHM	Indian Institute of Management Bodh Gaya	B1	CAT	14.96	11.1
IIM Bodh Gaya – MBA DBM	Indian Institute of Management Bodh Gaya	B1	CAT	14.96	13.3
FORE – PGDM + IB + BDA + FM	FORE School of Management	B2	CAT, XAT, GMAT	16.01	20.77
GIM – PGDM BDA	Goa Institute of Management	B2	CAT, XAT, GMAT, Own Test	15.6	20.4
IIM Sirmaur – MBA Tourism	Indian Institute of Management Sirmaur	B2	CAT, GMAT	11.82	17.5
SIIB – MBA IB	Symbiosis Institute of International Business	B2	SNAP	13.5	20.92
TAPMI – MBA BKFS	T. A. Pai Management Institute	B2	CAT, XAT, GMAT, NMAT	12.97	19.45
TAPMI – MBA HRM	T. A. Pai Management Institute	B2	CAT, XAT, GMAT, NMAT	12.77	19.45
TAPMI – MBA Marketing	T. A. Pai Management Institute	B2	CAT, XAT, GMAT, NMAT	13.35	19.45
Shri Ram College (SRCC) – PGD GBO	Shri Ram College Delhi – PGDM GBO	B2	SRCC GBO	12.5	4.7
TAPMI – Artificial Intelligence and Data Science	T. A. Pai Management Institute	B2	CAT, XAT, GMAT, NMAT	7	18
IIM Sirmaur – MBA TTHM	IIM Sirmaur – MBA TTHM	B2	CAT	13.32	14.4
MIB Delhi School of Economics (DSE DU) (MBA BA)	MIB Delhi School of Economics (DSE DU) (MBA BA)	B2	CAT	14.4	1.96
National Institute of Bank Management (NIBM) – PGDM BFS	National Institute of Bank Management	B3	CAT, XAT, CMAT, GMAT, GRE	15.4	19.54
Nirma University – MBA	Institute of Management, Nirma University	B3	CAT	11.22	12.1
SCIT – MBA ITBM	Symbiosis Center for Information Technology	B3	SNAP	11.58	16.79
WE School – Mumbai – PGDM	L. N. Welingkar Institute of Management Development & Research	B3	CAT, XAT, CMAT, ATMA, GMAT	13.17	16
GIM – PGDM BIFS	Goa Institute of Management	B3	CAT, XAT, GMAT	15.4	20.4
GIM – PGDM HCM	Goa Institute of Management	B3	CAT, XAT, GMAT	14.25	20.4
IIT (ISM) Dhanbad – MBA	Indian Institute of Technology (Indian School of Mines) Dhanbad	B3	CAT	11.64	4
K. J. Somaiya – MBA	K. J. Somaiya Institute of Management	B3	CAT, XAT, GMAT, NMAT, CMAT	12	22.32
LBSIM – PGDM	Lal Bahadur Shastri Institute of Management	B3	CAT, XAT, GMAT	12.24	16.5
MANAGE Hyderabad – PGDM ABM	National Institute of Agricultural Extension Management	B3	CAT	12.38	8.75
MDI – Murshidabad – PGDM	Management Development Institute	B3	CAT, XAT, GMAT	10.67	15.51
NMIMS Navi Mumbai – MBA	Narsee Monjee Institute of Management Studies	B3	NMAT	13.6	19.54
NMIMS Bengaluru – MBA	Narsee Monjee Institute of Management Studies	B3	NMAT	14	21.04
Praxis Business School, Kolkata – PGP in Data Science (9 months)	Praxis Business School – PGP DS	B3	Own Test	13.5	6.05
SIDTM Pune – MBA DTM	SIDTM Pune – MBA DTM	B3	SNAP	13.08	17.03
SCIT – MBA DS & DA	Symbiosis Center for Information Technology	B3	SNAP	11.16	16.79
SIBM Bengaluru – MBA + MBA BA + MBA QF	SIBM Bengaluru – MBA + MBA BA + MBA QF	B3	SNAP	14.47	22
SIIB – MBA Agri Business	Symbiosis Institute of International Business (SIIB)	B3	SNAP	10.04	14.92
SIIB – MBA Sustainability Management (Energy & Environment)	Symbiosis Institute of International Business (SIIB)	B3	SNAP	11.81	14.88
WE School – Mumbai – PGDM Research & Business Analytics	L. N. Welingkar Institute of Management Development & Research	B3	CAT, XAT, CMAT, ATMA, GMAT	13.17	16
WE School – Mumbai – MMS	L. N. Welingkar Institute of Management Development & Research	B3	CET, CAT, CMAT	11.2	9.8
Nirma University – MBA HRM	Institute of Management, Nirma University	B3	CAT	11.22	12.1
GIM – PGDM IDA	GIM – PGDM IDA	B3	CAT, XAT, GMAT	14.1	20.4
WE School – Mumbai – PGDM E-Business	WE School – Mumbai – PGDM E-Business	B3	CAT, XAT, GMAT, ATMA, CMAT	12.47	14
WE School – Mumbai – PGDM Business Design	WE School – Mumbai – PGDM Business Design	B3	CAT, XAT, GMAT, ATMA, CMAT	13.2	14.17
WE School – Mumbai – PGDM Retail Management	WE School – Mumbai – PGDM Retail Management	B3	CAT, XAT, GMAT, ATMA, CMAT	12.41	14.13
WE School – Mumbai – PGDM Healthcare Management	WE School – Mumbai – PGDM Healthcare Management	B3	CAT, XAT, GMAT, ATMA, CMAT	12.6	14.87
WE School – Mumbai – PGDM Rural Management	WE School – Mumbai – PGDM Rural Management	B3	CAT, XAT, GMAT, ATMA, CMAT	12.69	14.2
WE School – Mumbai – PGDM Media & Entertainment	WE School – Mumbai – PGDM Media & Entertainment	B3	CAT, XAT, GMAT, ATMA, CMAT	11.93	14
LIBA Chennai – PGDM	Loyola Institute of Business Administration	B4	CAT, XAT	11.21	19.29
SOIL – PGDM	School of Inspired Leadership	B4	CAT, XAT, MAT, GMAT	10.75	15.9
SP Jain School of Global Management (Masters in Global Business) (MGB)	SP Jain School of Global Management (Masters in Global Business) (MGB)	B4	CAT, GMAT, GRE, Own Test	19.85	33.13
BIM Trichy – MBA	Bharathidasan Institute of Management	B4	CAT, XAT, GMAT	11.8	16.3
Great Lakes Institute of Management, Gurgaon (GLIM) – PGDM	Great Lakes Institute of Management, Gurgaon (GLIM) – PGDM	B4	CAT, XAT, GMAT	11.7	18.5
IFMR Chennai – MBA	IFMR Chennai – MBA	B4	CAT, XAT, CMAT, NMAT, GMAT, GRE	13.04	19.06
IMT Nagpur	Institute of Management Technology, Nagpur (IMT-N) (PGDM)	B4	CAT, XAT, CMAT, GMAT	10.8	15.12
NMIMS Hyderabad – MBA	Narsee Monjee Institute of Management Studies	B4	NMAT	12.65	19.54
NMIMS Indore – MBA	Narsee Monjee Institute of Management Studies	B4	NMAT	12.4	17.54
National Insurance Academy (NIA), Pune – PGDM	National Insurance Academy, Pune	B4	CAT, XAT, CMAT	12.74	14.5
School of Inspired Leadership, Gurgaon (SOIL) (PGPM)	School of Inspired Leadership, Gurgaon (SOIL) (PGPM)	B4	CAT, XAT, MAT, GMAT	11.7	15.9
Xavier Institute of Management (XIMB) – MMS	Xavier Institute of Management (XIMB) – MMS	B4	CAT, XAT, GMAT	9.8	22
International Management Institute (IMI), Bhubaneswar	International Management Institute (IMI), Bhubaneswar	B5	CAT, XAT, CMAT, GMAT	12.02	16.3
International Management Institute (IMI), Kolkata	International Management Institute (IMI), Kolkata	B5	CAT, XAT, CMAT, GMAT	12.02	16
NL Dalmia Institute of Management Studies and Research (PGDM)	NL Dalmia Institute of Management Studies and Research (PGDM)	B5	CAT, XAT, CMAT, CET, MAT, ATMA, GMAT	10.28	14.7
School of Petroleum Management (PDEU / PDPU) – MBA	Pandit Deendayal Energy University, formerly Pandit Deendayal Petroleum University	B5	CAT, XAT, NMAT	9.32	10.96
BIMTECH – PGDM	Birla Institute of Management Technology (BIMTECH)	B5	CAT, GMAT, XAT, CMAT	11.1	14
BIMTECH – PGDM (International Business)	Birla Institute of Management Technology (BIMTECH)	B5	CAT, GMAT, XAT, CMAT	10.62	14
Christ University Institute of Management (CUIM), Bangalore	Christ University Institute of Management (CUIM), Bangalore	B5	CAT, GMAT, XAT, CMAT, MAT, ATMA, GRE	7.9	9.96
Faculty of Management Studies Banaras Hindu University (FMS BHU) (MBA + MBA AB + MBA IB)	Faculty of Management Studies Banaras Hindu University (FMS BHU) (MBA + MBA AB + MBA IB)	B5	CAT	11.3	3.98
IMT Hyderabad	Institute of Management Technology, Hyderabad (IMT-H) (PGDM)	B5	CAT, XAT, CMAT, GMAT	12.3	15.03
Praxis Business School, Kolkata – PGDM	Praxis Business School, Kolkata – PGDM	B5	CAT, XAT, CMAT, GMAT, MAT, ATMA	9.08	11.3
PUMBA – MBA	Department of Management Sciences, Savitribai Phule Pune University	B5	CET, CAT, CMAT, MAT, ATMA	11.23	4.4
School of Inspired Leadership, Gurgaon (SOIL) (PGPM HR)	School of Inspired Leadership, Gurgaon (SOIL) (PGPM HR)	B5	CAT, XAT, MAT, GMAT	10.5	15.9
SDMIMD – PGDM	SDMIMD Mysore	B5	CAT, XAT, CMAT, ATMA, GMAT, MAT	10	12.7
SIMS Pune – MBA	SIMS Pune – MBA	B5	SNAP	10.12	14.68
Symbiosis School of Banking and Finance (SSBF), Pune	Symbiosis school of banking and finance, Pune	B5	SNAP	10.8	18.23
WE School – Bengaluru – PGDM	L. N. Welingkar Institute of Management Development & Research	B5	CAT, XAT, CMAT, ATMA, GMAT	11.11	16
Xavier University, School of Rural Management (MBA RM)	Xavier University, School of Rural Management (MBA RM)	B5	CAT, XAT, GMAT, X-GMT, NMAT	11.5	16.2
XIME Bangalore (PGDM + PGDM Business Analytics)	XIME Bangalore (PGDM + PGDM Business Analytics)	B5	GMAT, CMAT, CAT, MAT, ATMA, XAT	10.7	14.87
BIMTECH – PGDM (Insurance Business Management)	Birla Institute of Management Technology (BIMTECH)	B5	CAT, GMAT, XAT, CMAT, MAT	11.1	13
BIMTECH – PGDM (Retail Management)	Birla Institute of Management Technology (BIMTECH)	B5	CAT, GMAT, XAT, CMAT, MAT	11.1	13
WE School – Bengaluru – PGDM E-Business	WE School – Bengaluru – PGDM E-Business	B5	CAT, XAT, GMAT, ATMA, CMAT	10.78	14
WE School – Bengaluru – PGDM Business Design & Innovation	WE School – Bengaluru – PGDM Business Design & Innovation	B5	CAT, XAT, GMAT, ATMA, CMAT	10.9	14.15
WE School – Bengaluru – PGDM Research & Business Analytics	WE School – Bengaluru – PGDM Research & Business Analytics	B5	CAT, XAT, GMAT, ATMA, CMAT	11	14
Delhi School of Management (Delhi Technological University), Delhi	Delhi School of Management (Delhi Technological University), Delhi	C1	CAT	7.5	4
DMS – NIT Trichy – MBA	DMS – NIT Trichy – MBA	C1	CAT	7.9	3.17
FLAME University – MBA	FLAME University	C1	CAT,XAT,NMAT,MAT,CMAT,MH-CET,GMAT	9.46	19.7
IFHE, IBS Hyderabad (MBA)	IFHE, IBS Hyderabad (MBA)	C1	CAT, NMAT, GMAT, IBSAT	10.42	17.01
Indian Institute of Forest Management (IIFM) (PGDFM)	Indian Institute of Forest Management (IIFM) (PGDFM)	C1	CAT, XAT, GMAT, CMAT, MAT	10.38	11.8
Indian Institute of Social Welfare & Business Management (IISWBM) (MBA + MBA HRM)	Indian Institute of Social Welfare & Business Management (IISWBM) (MBA + MBA HRM)	C1	CAT	9	9
National Institute of Technology (NIT), Calicut	National Institute of Technology (NIT), Calicut	C1	CAT, CMAT	9.63	4.8
SIES School of Business Studies (PGDM Core + Biotech + Pharma + MMS)	SIES School of Business Studies (PGDM Core + Biotech + Pharma + MMS)	C1	CAT, XAT, CMAT, ATMA, GMAT, MAT	9.1	12
NMIMS Mumbai – MBA Pharmaceutical Management	Narsee Monjee Institute of Management Studies	C1	NMAT	10.4	16
Symbiosis Institute of Business Management (SIBM) Hyderabad	Symbiosis Institute of Business Management, Hyderabad (SIBM)	C1	SNAP	8.9	17.47
Vivekanand Business School – PGDM	Vivekanand Business School	C1	CAT, XAT, MAT, CMAT, ATMA, CET, GMAT	8.5	9.5
SJIM – PGDM	St Joseph’s Institute of Management	C2	CAT, XAT, GMAT, CMAT, MAT, ATMA	9	9.8
Chetana’s R. K. Institute of Management and Research	Chetana’s R. K. Institute of Management and Research	C2	CET, CAT, MAT, XAT, ATMA, CMAT	7	4.2
ICFAI Business School – IBS (MBA + PGPM)	ICFAI Business School – IBS	C2	CAT, NMAT, IBSAT, XAT,GMAT	8.03	9.09
IMS Ghaziabad – PGDM	IMS Ghaziabad – PGDM	C2	CAT,MAT,CMAT,XAT	9.23	9.5
ISBR Business School – PGDM	ISBR Business School	C2	CAT, XAT, MAT, CMAT, ATMA, NMAT, GMAT, KMAT, PGCET, Own Test	8.01	10.11
Mahindra University – School of Management	Mahindra University – School of Management	Emerging	CAT, GMAT, GRE, Own Test	8.6	22.2
Amrut Mody School of Management, Ahmedabad University (MBA)	Amrut Mody School of Management, Ahmedabad University	Emerging	CAT, XAT, NMAT, GMAT, GRE, CMAT	6.66	10
K. J. Somaiya – MBA – Healthcare Management	K. J. Somaiya – MBA – Healthcare Management	Emerging	CAT, XAT, GMAT, NMAT, CMAT	8.23	22.32
K. J. Somaiya – MBA – Sports Management	K. J. Somaiya – MBA – Sports Management	Emerging			14.14
LM Thapar School of Management	LM Thapar School of Management – MBA	Emerging	CAT, NMAT, XAT, CMAT, MAT, GMAT, GRE, SNAP, Own Test	8.17	13.5
GNIOT Institute of Management Studies (GIMS)	GNIOT Institute of Management Studies (GIMS)	Emerging	CAT	5.86	8.43
Scaler School of Business	Scaler School of Business	Emerging	CAT, GMAT, GRE	25	21.75
IES MCRC – PGDM	IES MCRC – PGDM	Emerging	CAT, MAT, ATMA, XAT, GMAT, CMAT, CET	8.8
IES MCRC – PGDM Pharma Management	IES MCRC – PGDM Pharma Management	Emerging	CAT, MAT, ATMA, XAT, GMAT, CMAT, CET	8.8
CEPT University (Master’s in Urban Management)	CEPT University (Master’s in Urban Management)	Emerging	CAT, CMAT, GMAT, XAT, GRE, CUET PG, ATMA, MAT, Own Test	7.6

Read More – Top PGDM Colleges in India

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 who have gone on to some of the 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. Use this list to find out the colleges that suit your profile well. But before you delve into the list, don’t forget to go through the ranking parameters we’ve used to classify the colleges.

Apart from the informed subjective opinion of our network of mentors across the country, 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 to ensure authenticity. Each ranking factor has been given due weightage and consideration to develop a holistic list of top MBA schools in India.

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Key parameters used to classify the best MBA colleges in India

1. Placement Data – The average final and summer placements
2. ROI for the Students – The total cost of the degree, including hostel fees and the time taken to recover the invested amount
3. Entrance Test Cutoffs – Cutoffs are the key representative of the batch quality and the kind of students getting admissions. 
4. Brand and Legacy Value – The external as well as the internal perception of the institute.
5. Mentor Opinions – Past student outcomes and expert reviews

 

Let’s understand these parameters in detail:

Placement Records: 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, which can be easily manipulated. 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, quite justifiably, interested in the quality of the job they would land and the prospects it carries.

While hard 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. Most other long-term outcomes, such as future growth and job roles, take time to manifest, making them harder to quantify. 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.

ROI – 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.

Entrance Test Cutoffs – 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

 

Brand and Legacy Value – An institution’s reputation is its brand value, and it is a crucial factor among the aspirants as well as the business community 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 – an immediate, short-term yet meaningful way of assessing the impact of the b-school brand on your post-MBA prospects. Also, it is true that a ‘strong b-school brand’ will give a definite push toward a more successful and rewarding career in the long term.

Some Key Points to Consider:

• The ‘brand image’ of a B-school should be one of your primary considerations in selecting one. 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 the new campus through 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.
• The brand value and legacy of a reputable B-school will keep benefiting you for a long time even after years of your graduating from the school.

 

Mentor Opinions – 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; studying their websites in detail, reaching out to alumni, professors, and other stakeholders to gain a better understanding of the college, and only believing audited data.

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 top MBA colleges in India every year.

 

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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 that make it easier to filter out the ones that fit your profile perfectly. For starters, each student must list out their non-negotiables first:

1. What are your expectations from a top B school?
2. Are you looking for a residential or non-residential program?
3. Are there any preferences for specific regions or cities?
4. What is your academic proficiency and aptitude level?
5. How much time are you willing to put into your preparation?
6. How much financial flexibility do you possess?
7. What are your larger career objectives?

Once you have these questions answered, you can start analysing all the top MBA colleges in India based on individual parameters. Each MBA college has something different to offer – from a great college experience, to a brand and legacy value forever, to a great ROI for the graduates, to exclusive placement offers in coveted roles and domains. Each of the best B schools in India provides incredible opportunities and a varied bouquet of experiences that prepare you not just for a corporate career but also for entrepreneurship and leadership. 

 

 

FAQs on the Top Business Schools in India

 

What are the top MBA colleges that get the highest placement packages?

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 10 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.

 

#All Data as on 20th Apr’24

#Data as per 2024 Report.

*Fees Included with Accommodation

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 disseminated for reference purposes only, and IMS makes no warranties or representations whatsoever 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.