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. These B-schools operate as public, private, autonomous, government, and semi-government entities. 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. Aspirants can take admissions to the best MBA colleges in India through entrance exams, like CAT, XAT, MAT, CMAT, ATMA, etc.

With so many MBA schools spread across the country picking the best colleges is an arduous task. Students may get confused about the selection of the right MBA college. How does one select the top business schools in India for one’s ambitions and career aspirations? 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 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 college. The ROI 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 Lakhs)	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 study at 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 salary packages. The list is long with the top IIMs, 50+ private schools, and 40 Government schools. 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.

Institute Name	IMS Classification	Fees (In Lakhs)	Placement (Avg. in LPA)	Tests Accepted
FMS, Delhi	A1 (CDC)	2.32	34.1	CAT
IIM-A	A1 (CDC)	26.5	34.45	CAT
IIM-B	A1 (CDC)	26	35.92	CAT
IIM-C	A1 (CDC)	31	35.07	CAT
IIM-I	A1 (CDC)	21.17	25.68	CAT
IIM-K	A1 (CDC)	23.5	28.05	CAT
IIM-L	A1 (CDC)	20.75	30	CAT
ISB	A1 (CDC)	39.51	34.21	GMAT, GRE
SPJIMR	A1 (CDC)	22.5	33	CAT, GMAT
XLRI	A1 (CDC)	31.59	31.08	XAT
IIM-K	A1 (CDC)	20.5	28.05	CAT
Indian Institute of Foreign Trade	A2	21.87	27.3	CAT
IIM-M	A2	21	33.84	CAT
IIM-Shillong	A2	26.18	26.1	CAT
Shailesh J. Mehta School of Management, Indian Institute of Technology Bombay	A2	15.15	28.01	CAT
Jamnalal Bajaj Institute of Management Studies	A2	6	26.12	CET, CAT, CMAT, MAT, ATMA
Management Development Institute	A2	28.16	26.2	CAT, GMAT
Tata Institute of Social Sciences	A2	2.07	26.31	CAT
Tata Institute of Social Sciences	A2	8.49	24.6	CAT
IIM Mumbai – OSCM	A2	21		CAT
IIM Mumbai – SM	A2	21		CAT
Department of Management Studies, Indian Institute of Science	A3	5.42	26.8	CAT, GMAT
Indian Institute of Management Ahmedabad	A3	25	20.11	CAT
Indian Institute of Management Indore	A3	18.42	25	CAT
Indian Institute of Management Lucknow	A3	20.75	20.37	CAT
Department of Management Studies, Indian Institute of Technology Delhi	A3	12	25.82	CAT
NMIMS	A3	25	25.13	NMAT
Symbiosis Institute of Business Management	A3	24.9	28.8	SNAP
Symbiosis Centre for Management and Human Resource Development	A3	24.12	21.47	SNAP
Great Lakes Institute of Management, Chennai	A4	22.65	17.3	CAT, XAT, GMAT, NMAT
IIM-Raipur	A4	18	18.15	CAT
IIM-Ranchi	A4	19.23	19.24	CAT
IIM-Rohtak	A4	17.9	18.73	CAT
IIM-Tiruchirappalli	A4	19.5	19.43	CAT
IIM-Udaipur	A4	20.43	18.8	CAT
Vinod Gupta School of Management, Indian Institute of Technology Kharagpur	A4	12.64	20.81	CAT
Department of Management Studies, Indian Institute of Technology Madras	A4	13.55	16.93	CAT
Jamnalal Bajaj Institute of Management Studies	A4	9	19.35	CAT, CET
Mudra Institute of Communications Ahmedabad	A4	26	19.22	CAT, XAT, GMAT, MICAT
Xavier Institute of Management	A4	24.2	19.53	CAT, XAT, GMAT, X-GMT
BITS School of Management	A4	27.2	23.41	CAT, GMAT, GRE
Indian Institute of Management Ranchi	A4	17.5	19.02	CAT
Symbiosis Centre for Management and Human Resource Development	A4	19.98	22.14	SNAP
Department of Management Studies, Indian Institute of Technology Roorkee	A5	8.79	18.3	CAT
International Management Institute	A5	22.25	16.71	CAT, XAT, GMAT
Indian Institute of Management Amritsar	A5	17.3	15.51	CAT
Indian Institute of Management Jammu	A5	17.15	16.54	CAT
Indian Institute of Management Kashipur	A5	17.3	18.1	CAT
Indian Institute of Management Ranchi	A5	17.5	19.87	CAT
Indian Institute of Management Visakhapatnam	A5	19	15.61	CAT
Department of Management Sciences, Indian Institute of Technology Kanpur	A5	13.5	18.2	CAT
Masters’ Union	A5	29.38	28.52	CAT, GRE, GMAT, Own Test
Symbiosis Centre for Management and Human Resource Development	A5	16.09	16.11	SNAP
Department of Financial Studies (DFS DU) (MBA Finance)	A5	2.3	15.1	CAT
XIM University – MBA RM	A5	24.2	12.5	CAT, XAT, GMAT, X-GMT
Indian Institute of Management, Nagpur	A5	18.9	18.07	CAT
IIM Jammu – MBA (HA & HM)	A5	14.82	14.01	CAT
Department of Humanities and Social Sciences, Indian Institute of Technology Kharagpur	B1	5.14	15.43	CAT
Goa Institute of Management	B1	20.4	14.81	CAT, XAT, GMAT
Great Lakes Institute of Management, Chennai (GLIM) – PGDM	B1	20.8	15.1	CAT, XAT, GMAT
Great Lakes Institute of Management, Gurgaon (GLIM) – PGPM	B1	18.5	15.3	CAT, XAT, GMAT, NMAT
International Management Institute	B1	22.25	16.71	CAT, XAT, GMAT
International Management Institute	B1	22.25	16.07	CAT, XAT, GMAT
Indian Institute of Management Bodh Gaya	B1	17.96	13.7	CAT
Indian Institute of Management Sambalpur	B1	13.08	14.21	CAT
Indian Institute of Management Sirmaur	B1	16	13.93	CAT
Institute of Management Technology	B1	19.53	16.25	CAT, GMAT, XAT
Institute of Rural Management Anand	B1	16.8	14.14	CAT, XAT, CMAT
Jio Institute	B1	9.75	19.34	CAT, GRE, GMAT, GATE, Own Test
Jio Institute	B1	9.75	17.52	CAT, GRE, GMAT, GATE, Own Test
SDA Bocconi Asia Center	B1	20.75	15.01	CAT, NMAT, GMAT, Own Test, GRE
Sydenham Institute of Management Studies Research and Entrepreneurship Education	B1	4.38	15.19	CET, CAT, CMAT
School of Management & Entrepreneurship, IIT Jodhpur	B1	8.56	11.77	CAT
Narsee Monjee Institute of Management Studies	B1	34	15.9	NMAT
Narsee Monjee Institute of Management Studies	B1	20	17.85	NMAT
T. A. Pai Management Institute	B1	19.45	13.84	CAT, XAT, GMAT, NMAT
University Business School	B1	2.3	12.95	CAT
Xavier University, School of Human Resource Management	B1	24.2	17.02	CAT, XAT, GMAT, X-GMT, NMAT
Birla Institute of Technology & Science Pilani	B1	10.87	14.63	BAAT, CAT, XAT, GMAT
MBE Department of Business Economics Delhi (DBE DU) (MBA BE)	B1	3.24	14.41	CAT
MIB Delhi School of Economics (DSE DU) (MBA HRD)	B1	1.07	14.9	CAT
MIB Delhi School of Economics (DSE DU) (MBA IB)	B1	1.07	13.5	CAT
SIOM – Nashik – MBA Operations	B1	18.44	14.7	SNAP
XIM University – MBA SM	B1	13.5	14.02	CAT, XAT, GMAT, X-GMT
IMT Ghaziabad – PGDM	B1	20.8	16.25	CAT, GMAT, XAT
IMT Ghaziabad – PGDM Marketing	B1	20.8	18.8	CAT, GMAT, XAT
IMT Ghaziabad – PGDM Finance	B1	20.8	15.6	CAT, GMAT, XAT
IMT Ghaziabad – PGDM DCP	B1	20.8	16.56	CAT, GMAT, XAT
IMT Ghaziabad – PGDM BFS	B1	20.8	16.3	CAT, GMAT, XAT
IIM Sambalpur – MBA BA	B1	16.75		CAT
IIT Mandi – MBA	B1	5.5		CAT
IIT Guwahati – MBA	B1	5.55	10.13	CAT
Indian Institute of Management Bodh Gaya	B1	11.1	14.96	CAT
Indian Institute of Management Bodh Gaya	B1	13.3	14.96	CAT
FORE School of Management	B2	20.77	16.01	CAT, XAT, GMAT
Goa Institute of Management	B2	20.4	15.6	CAT, XAT, GMAT, Own Test
Indian Institute of Management Sirmaur	B2	17.5	11.82	CAT, GMAT
Symbiosis Institute of International Business	B2	20.92	13.5	SNAP
T. A. Pai Management Institute	B2	19.45	12.97	CAT, XAT, GMAT, NMAT
T. A. Pai Management Institute	B2	19.45	12.77	CAT, XAT, GMAT, NMAT
T. A. Pai Management Institute	B2	19.45	13.35	CAT, XAT, GMAT, NMAT
Shri Ram College Delhi – PGDM GBO	B2	4.7	12.5	SRCC GBO
T. A. Pai Management Institute	B2	18	7	CAT, XAT, GMAT, NMAT
IIM Sirmaur – MBA TTHM	B2	14.4	13.32	CAT
MIB Delhi School of Economics (DSE DU) (MBA BA)	B2	1.96	14.4	CAT
National Institute of Bank Management	B3	19.54	15.4	CAT, XAT, CMAT, GMAT, GRE
Institute of Management, Nirma University	B3	12.1	11.22	CAT
Symbiosis Center for Information Technology	B3	16.79	11.58	SNAP
L. N. Welingkar Institute of Management Development & Research	B3	16	13.17	CAT, XAT, CMAT, ATMA, GMAT
Goa Institute of Management	B3	20.4	15.4	CAT, XAT, GMAT
Goa Institute of Management	B3	20.4	14.25	CAT, XAT, GMAT
Indian Institute of Technology (Indian School of Mines) Dhanbad	B3	4	11.64	CAT
K. J. Somaiya Institute of Management	B3	22.32	12	CAT, XAT, GMAT, NMAT, CMAT
Lal Bahadur Shastri Institute of Management	B3	17.25	12.24	CAT, XAT, GMAT
National Institute of Agricultural Extension Management	B3	8.75	12.38	CAT
Management Development Institute	B3	15.51	10.67	CAT, XAT, GMAT
Narsee Monjee Institute of Management Studies	B3	19.54	13.6	NMAT
Narsee Monjee Institute of Management Studies	B3	21.04	14	NMAT
Praxis Business School – PGP DS	B3	6.05	13.5	Own Test
SIDTM Pune – MBA DTM	B3	17.03	13.08	SNAP
Symbiosis Center for Information Technology	B3	16.79	11.16	SNAP
SIBM Bengaluru – MBA + MBA BA + MBA QF	B3	22	14.47	SNAP
Symbiosis Institute of International Business (SIIB)	B3	14.92	10.04	SNAP
Symbiosis Institute of International Business (SIIB)	B3	14.88	11.81	SNAP
L. N. Welingkar Institute of Management Development & Research	B3	16	13.17	CAT, XAT, CMAT, ATMA, GMAT
L. N. Welingkar Institute of Management Development & Research	B3	9.8	11.2	CET, CAT, CMAT
Institute of Management, Nirma University	B3	12.1	11.22	CAT
GIM – PGDM IDA	B3	20.4	14.1	CAT, XAT, GMAT
WE School – Mumbai – PGDM E-Business	B3	14	12.47	CAT, XAT, GMAT, ATMA, CMAT
WE School – Mumbai – PGDM Business Design	B3	14.17	13.2	CAT, XAT, GMAT, ATMA, CMAT
WE School – Mumbai – PGDM Retail Management	B3	14.13	12.41	CAT, XAT, GMAT, ATMA, CMAT
WE School – Mumbai – PGDM Healthcare Management	B3	14.87	12.6	CAT, XAT, GMAT, ATMA, CMAT
WE School – Mumbai – PGDM Rural Management	B3	14.2	12.69	CAT, XAT, GMAT, ATMA, CMAT
WE School – Mumbai – PGDM Media & Entertainment	B3	14	11.93	CAT, XAT, GMAT, ATMA, CMAT
Loyola Institute of Business Administration	B4	19.29	11.21	CAT, XAT
School of Inspired Leadership	B4	15.9	10.75	CAT, XAT, MAT, GMAT
SP Jain School of Global Management (Masters in Global Business) (MGB)	B4	33.13	19.85	CAT, GMAT, GRE, Own Test
Bharathidasan Institute of Management	B4	16.3	11.8	CAT, XAT, GMAT
Great Lakes Institute of Management, Gurgaon (GLIM) – PGDM	B4	18.5	11.7	CAT, XAT, GMAT
IFMR Chennai – MBA	B4	19.06	13.04	CAT, XAT, CMAT, NMAT, GMAT, GRE
Institute of Management Technology, Nagpur (IMT-N) (PGDM)	B4	15.12	10.8	CAT, XAT, CMAT, GMAT
Narsee Monjee Institute of Management Studies	B4	19.54	12.65	NMAT
Narsee Monjee Institute of Management Studies	B4	17.54	12.4	NMAT
National Insurance Academy, Pune	B4	14.5	12.74	CAT, XAT, CMAT
School of Inspired Leadership, Gurgaon (SOIL) (PGPM)	B4	15.9	11.7	CAT, XAT, MAT, GMAT
Xavier Institute of Management (XIMB), Bhubaneshwar	B4	22	9.8	CAT, XAT, GMAT
International Management Institute (IMI), Bhubaneswar	B5	16.3	12.02	CAT, XAT, CMAT, GMAT
International Management Institute (IMI), Kolkata	B5	16	12.02	CAT, XAT, CMAT, GMAT
NL Dalmia Institute of Management Studies and Research (PGDM)	B5	14.7	10.28	CAT, XAT, CMAT, CET, MAT, ATMA, GMAT
Pandit Deendayal Energy University, formerly Pandit Deendayal Petroleum University	B5	10.96	9.32	CAT, XAT, NMAT
Birla Institute of Management Technology (BIMTECH)	B5	14	11.1	CAT, GMAT, XAT, CMAT
Christ University Institute of Management (CUIM), Bangalore	B5	9.96	7.9	CAT, GMAT, XAT, CMAT, MAT, ATMA, GRE
FMS – BHU (MBA + MBA AB + MBA IB)	B5	3.98	11.3	CAT
Institute of Management Technology, Hyderabad (PGDM)	B5	15.03	12.3	CAT, XAT, CMAT, GMAT
Praxis Business School, Kolkata – PGDM	B5	11.3	9.08	CAT, XAT, CMAT, GMAT, MAT, ATMA
Department of Management Sciences, Savitribai Phule Pune University	B5	4.4	11.23	CET, CAT, CMAT, MAT, ATMA
School of Inspired Leadership, Gurgaon (SOIL) (PGPM HR)	B5	15.9	10.5	CAT, XAT, MAT, GMAT
SDMIMD Mysore	B5	12.7	10	CAT, XAT, CMAT, ATMA, GMAT, MAT
SIMS Pune – MBA	B5	14.68	10.12	SNAP
Symbiosis school of banking and finance, Pune	B5	18.23	10.8	SNAP
L. N. Welingkar Institute of Management Development & Research	B5	16	11.11	CAT, XAT, CMAT, ATMA, GMAT
Xavier University, School of Rural Management (MBA RM)	B5	16.2	11.5	CAT, XAT, GMAT, X-GMT, NMAT
XIME Bangalore (PGDM + PGDM Business Analytics)	B5	14.87	10.7	GMAT, CMAT, CAT, MAT, ATMA, XAT
Birla Institute of Management Technology (BIMTECH)	B5	13	11.1	CAT, GMAT, XAT, CMAT, MAT
WE School – Bengaluru – PGDM E-Business	B5	14	10.78	CAT, XAT, GMAT, ATMA, CMAT
WE School – Bengaluru	B5	14.15	10.9	CAT, XAT, GMAT, ATMA, CMAT
Delhi School of Management, Delhi	C1	4	7.5	CAT
DMS – NIT Trichy	C1	3.17	7.9	CAT
FLAME University	C1	19.7	9.46	CAT,XAT,NMAT,MAT,CMAT,MH-CET,GMAT
IFHE, IBS Hyderabad	C1	17.01	10.42	CAT, NMAT, GMAT, IBSAT
Indian Institute of Forest Management	C1	11.8	10.38	CAT, XAT, GMAT, CMAT, MAT
Indian Institute of Social Welfare & Business Management	C1	9	9	CAT
NIT, Calicut	C1	4.8	9.63	CAT, CMAT
SIES School of Business Studies	C1	12	9.1	CAT, XAT, CMAT, ATMA, GMAT, MAT
Symbiosis Institute of Business Management, Hyderabad (SIBM)	C1	17.47	8.9	SNAP
Vivekanand Business School	C1	9.5	8.5	CAT, XAT, MAT, CMAT, ATMA, CET, GMAT
St Joseph’s Institute of Management	C2	9.8	9	CAT, XAT, GMAT, CMAT, MAT, ATMA
Chetana’s R. K. Institute of Management and Research	C2	4.2	7	CET, CAT, MAT, XAT, ATMA, CMAT
ICFAI Business School – IBS	C2	9.09	8.03	CAT, NMAT, IBSAT, XAT,GMAT
IMS Ghaziabad – PGDM	C2	9.5	9.23	CAT,MAT,CMAT,XAT
ISBR Business School	C2	10.11	8.01	CAT, XAT, MAT, CMAT, ATMA, NMAT, GMAT, KMAT, PGCET, Own Test
Mahindra University – School of Management	Emerging	22.2	8.6	CAT, GMAT, GRE, Own Test
Amrut Mody School of Management, Ahmedabad University	Emerging	10	6.66	CAT, XAT, NMAT, GMAT, GRE, CMAT
K. J. Somaiya	Emerging	22.32	8.23	CAT, XAT, GMAT, NMAT, CMAT
LM Thapar School of Management	Emerging	13.5	8.17	CAT, NMAT, XAT, CMAT, MAT, GMAT, GRE, SNAP, Own Test
GNIOT Institute of Management Studies (GIMS)	Emerging	8.43	5.86	CAT
Scaler School of Business	Emerging	21.75	25	CAT, GMAT, GRE
IES MCRC	Emerging		8.8	CAT, MAT, ATMA, XAT, GMAT, CMAT, CET
IES MCRC	Emerging		8.8	CAT, MAT, ATMA, XAT, GMAT, CMAT, CET
CEPT University	Emerging		7.6	CAT, CMAT, GMAT, XAT, GRE, CUET PG, ATMA, MAT, Own Test

*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

Also read: Top MBA Colleges in Hyderabad

 

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

Also Read: Top MBA Colleges in Delhi

 

Top MBA Colleges in Chennai

Also read: Top MBA Colleges in Chennai

 

 

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 are the alumni of the best MBA colleges. They have had the privilege of teaching students in business programs. Through our interactions with them, we’ve developed a duly-researched, expert-vetted, and properly curated list of top MBA colleges in India. Don’t forget to go through the ranking parameters we’ve used to classify the colleges.

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 the best MBA schools in India.

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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.

 

1. Placement Data – The average data for the final and summer placements is considered.
2. 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.
3. Entrance Test Cutoffs – Cutoffs by MBA schools are the key representative of the result quality and the kind of students getting admissions.
4. Brand and Legacy Value – This is about the external as well as the internal perception of the institute among the students and mentors. 
5. 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. 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, 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. It is up to you to judge the veracity of each claim by doing extensive research. 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:

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 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 2025

 

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

 

What’s the best college for MBA in India?

The best depends on an aspirant’s goals.  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 fees, program features, faculty, and placements.

 

Which MBA college is best for placement in 2025?

Several top institutes, such as 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 graduates. IIM-B, IIM-A, and FMS top the list of placement offers with an average of 32 LPA and 36 LPA, respectively.

 

How to get into the top MBA colleges?

If you aspire to pursue an 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 include 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 colleges 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 an MBA in Travel and Tourism include the Indian Institute of Tourism and Travel Management (IITTM), Jamia Millia Islamia (JMI), BHU, and Tezpur University. Aspirants can take admission through 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, the tuition fee, and the 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.