Generally, IIMs come to mind when considering the best MBA programs in India. However, as
time has progressed, the landscape has shifted, and many new MBA institutions now rank
among India’s best. The Indian Institutes of Management (IIMs), ISB, XLRI, IIT, FMS Delhi
University, MDI, SPJIMR, IMT, and many others are among the best MBA colleges in India. This
article features a ranking of the best 50 graduate business schools in the country.
You can pick from a wide variety of MBA programs if that is something you are considering.
Nonetheless, you may feel overwhelmed and need clarification on the sheer volume of online
information about the Best business schools in India. The following table compares the top 50
Indian business schools by their flagship program, tuition, entrance exam, NIRF ranking, and
average pay for graduates. This article provides a summary of the top 50 MBA colleges in
India.
Top 50 MBA Colleges in India
Every aspiring manager wonder, “Which college is the best for MBA in India?” Students should
think carefully about their future and do their homework on the school they plan to attend by
reading evaluations written by alums, conducting online research, and making informed
decisions. The following table provides the list of top MBA colleges in India.
| Sl.No | Name of the College | City and State |
| 1 | Indian Institute of Management – IIM Ahmedabad | Ahmedabad, Gujarat |
| 2 | Indian Institute of Management – IIM Bangalore | Bengaluru, Karnataka |
| 3 | Indian Institute of Management – IIM Calcutta | Kolkata, West Bengal |
| 4 | IIM Kozhikode – Indian Institute of Management | Kozhikode, Kerala |
| 5 | Department of Management Studies, IIT Delhi | New Delhi, Delhi |
| 6 | IIM Indore – Indian Institute of Management | Indore, Madhya Pradesh |
| 7 | IIM Lucknow – Indian Institute of Management | Lucknow, Uttar Pradesh |
| 8 | XLRI Xavier School of Management | Jamshedpur, Jharkhand |
| 9 | IIT Kharagpur | Kharagpur, West Bengal |
| 10 | Indian Institute of Technology, Bombay | Mumbai, Maharashtra |
| 11 | Management Development Institute | Gurugram, Haryana |
| 12 | National Institute of Industrial Engineering, Mumbai | Mumbai, Maharashtra |
| 13 | Indian Institute of Technology, Madras | Chennai, Tamil Nadu |
| 14 | Indian Institute of Technology, Roorkee | Roorkee, Uttarakhand |
| 15 | Indian Institute of Management, Raipur | Raipur, Chhattisgarh |
| 16 | Indian Institute of Technology, Kanpur | Kanpur, Uttar Pradesh |
| 17 | Indian Institute of Management – IIM Tiruchirappalli | Tiruchirappalli, Tamil Nadu |
| 18 | Indian Institute of Management, Udaipur | Udaipur, Rajasthan |
| 19 | S. P. Jain Institute of Management & Research | Mumbai, Maharashtra |
| 20 | Symbiosis Institute of Business Management | Pune, Maharashtra |
| 21 | Indian Institute of Management, Ranchi | Ranchi, Jharkhand |
| 22 | SVKM’s Narsee Monjee Institute of Management Studies | Mumbai, Maharashtra |
| 23 | Indian Institute of Management, Shillong | Shillong, Meghalaya |
| 24 | Great Lakes Institute of Management | Chennai, Tamil Nadu |
| 25 | Indian Institute of Foreign Trade | New Delhi, Delhi |
| 26 | International Management Institute | New Delhi, Delhi |
| 27 | ICFAI Foundation for Higher Education | Hyderabad, Telangana |
| 28 | Indian Institute of Management, Rohtak | Rohtak, Haryana |
| 29 | Amity University | Gautam Budh Nagar, Uttar Pradesh |
| 30 | Indian School of Mines | Dhanbad, Jharkhand |
| 31 | Kalinga Institute of Industrial Technology | Bhubaneswar, Odisha |
| 32 | T. A. Pai Management Institute, Manipal | Manipal, Karnataka |
| 33 | Indian Institute of Management – IIM Kashipur | Kashipur, Uttarakhand |
| 34 | Xavier University | Bhubaneswar, Odisha |
| 35 | Goa Institute of Management | Sanquelim Goa |
| 36 | Jamia Millia Islamia University | New Delhi, Delhi |
| 37 | Lovely Professional University | Phagwara, Punjab |
| 38 | Koneru Lakshmaiah Education Foundation University (K L College of Engineering) | Vaddeswaram, Andhra Pradesh |
| 39 | Institute of Management Technology | Ghaziabad, Uttar Pradesh |
| 40 | Indian Institute of Management, Nagpur | Nagpur, Maharashtra |
| 41 | BML Munjal University | Gurgaon, Haryana |
| 42 | Thapar Institute of Engineering and Technology | Patiala, Punjab |
| 43 | Fore School of Management | New Delhi, Delhi |
| 44 | Birla Institute of Management Technology | Greater Noida, Uttar Pradesh |
| 45 | Chandigarh University | Mohali, Punjab |
| 46 | University of Petroleum and Energy Studies | Dehradun, Uttarakhand |
| 47 | Banaras Hindu University | Varanasi, Uttar Pradesh |
| 48 | National Institute of Technology Tiruchirappalli | Tiruchirappalli, Tamil Nadu |
| 49 | Aligarh Muslim University | Aligarh, Uttar Pradesh |
| 50 | KREA University Sri City | Chittoor, Andhra Pradesh |
Everything you need to comprehend about the Leading 5 MBA
Colleges in India
1.Indian Institute of Management Ahmedabad (IIMA)
“Mecca of Marketing” is another name for the Indian Institute of Management in Ahmedabad. There are three top business schools in India, and IIM-A is one of them (IIM Bangalore and IIM Calcutta). This comes under the top 50 MBA colleges in India.
Several CAT hopefuls see an MBA from IIM Ahmedabad as the gold standard. The business school is well-known for the many options it gives students who want to focus on Marketing. So, if marketing is your forte, look at IIM-A. It is like Gold in a coal mine.
Moreover, The ‘diversity quota’ at IIM-A is also noteworthy. So, if you are coming from a different background like arts or political (hons) etc, my friend, you can get an extra advantage here!
| Programmes Offered | MBA-PGPM, MBA-PGPX etc. |
| Accreditations | EQUIS |
| Fees | INR 23,00,000 |
| Average Placement Package | INR 16,00,000 |
| Highest Placement Package | INR 55,88,000 |
2.Indian Institute of Management Bangalore (IIMB)
The IIM Bangalore B-School Ranking Summary, which prominently features the school’s emblem, comes second.
Comparatively, IIM Bangalore is known as the “Mecca for Consulting,” much like IIM-A is renowned for its Marketing programme. Top management and strategy consultancies, including Bain and Company, McKinsey, and BCG, frequently visit the university.
| Programmes Offered | MBA-PGP, MBA-BA, PGPEM etc. |
| Accreditations | EQUIS |
| Fees | ₹ 23,00,000 |
| Average Placement Package | ₹ 28.98 LPA |
| Median Placement Package | ₹28.60 LPA |
3.XLRI Xavier School of Management, Jamshedpur
One of the Top MBA colleges in India is Xavier University’s XLRI in Jamshedpur. In India, XLRI consistently ranks among the country’s top five business schools. The students of XLRI are noted for their positive attitudes and welcoming atmosphere. One of the few business schools with a relatively equal number of male and female students. Bain & CoEricsson Global, Tech Mahindra, Deutsche Bank, Deloitte, and Cognizant are just a few of the top recruiters at XLRI Jamshedpur.
If you are looking for the top MBA colleges in India, your search ends at Xavier School of Management. The college will provide you with all the opportunities along with a positive environment for all of its students
| Programmes Offered | PGDM (BM), ExPGDM, Three Year XLRI-Rutgers Double Masters Programme PGDM HRM |
| Rankings | AACSB AMBA |
| Fees | ₹ 20.95 Lakh |
| Average Placement Package | ₹ 30.7 LPA |
| Highest Placement Package | ₹ 60+ LPA |
4.Department of Management Studies, IIT Delhi
The Indian Institute of Technology (IIT) in Delhi is one of the country’s twenty-three IITs, all established to promote scientific and technological progress in India. Since its foundation, the Department of Management Studies at IIT Delhi has given ambitious students a thorough education in management.
Want to pursue a full-time MBA program? DMS IIT Delhi is one of the best universities in the world. Its business school consistently places in India’s top ten. Moreover, if you are considering pursuing a career in general and telecommunication system management, DMS IIT is where your search ends.
| Programmes Offered | MBA – Full Time, Executive MBA, MDP Program etc. |
| Fees | ₹ 9.60 L |
| Average Placement Package | ₹ 18.5 LPA |
| Highest Placement Package | ₹ 33.8 LPA |
5.Indian Institute of Technology, Bombay
Regarding business, engineering, science, and technology, IIT Bombay is a name that needs no introduction. In 1958, the foundation for the institute was laid. Unlike other MBA programmes, IIT Bombay prepares students for a career in technology management by requiring them to take courses like Technology Policy, Managing Technology, and R & D Management in addition to the more common Accounting, Finance, Operations, and Human Resources. Two years of the MBA programme consist of eight semesters.
So if you are someone interested in Business, Engineering, Science, or technology, attend one of India’s most prestigious educational institutions for your MBA studies. Improve your talents and enjoy learning here. You will have the key to a wealth of open doors and windows of possibility.
| Programmes Offered | MBA, EMBA, MDP |
| Fees | ₹2,26,600 |
| Average Placement Package | ₹17.91 LPA |
| Average Gross Salary | ₹13.67 LPA |
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Conclusion
Choosing the right MBA college can be daunting, and it’s important to consider various factors such as program duration, course structure, faculty, placement opportunities, and fees.
Ultimately, the best MBA college for you will depend on your personal preferences, career goals, and budget. It’s essential to research thoroughly, compare different options, and seek expert advice before deciding.
Pursuing an MBA from a top-ranked college in India can significantly improve your future career prospects and personal growth.
