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

30 June, 2025
PG Team

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 MBA colleges in India for one’s ambitions, career aspirations, and future goals from the long list of B-schools? The list is long with the top IIMs, 50+ private schools, and 40 Government schools among others.

The top-ranking MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, DMS IIT Delhi, IIM Lucknow, FMS Delhi, IIM Rohtak, SIIB Pune, IIM Indore, IIM Raipur, etc.

Latest Updates – CAT Notification 2025:

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

   📌CAT notification 2025 will be released in the month of July 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. The CAT exam, taken by over 3 lakh students annually, is the country’s most popular management entrance exam.

Read More: IIM Shillong Launches IPM Program

 

top mba colleges 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. 

Read More: CAT Exam 2025: Date, Registration, Eligibility, Pattern, Syllabus, Preparation Tips, Cutoff

Read More – CAT Syllabus 2025 – Section-wise syllabus, important topics, and types of questions

 

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.

 

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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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FAQs on the Top Business Schools 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. You can check the top business schools in India to see their respective average placement offers.

 

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

 

#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.