Anisha has done MBA in Marketing from NMIMS And Executive Management(PMNO) from Harvard Business School. She has been instrumental in growing CATKing Digital with her experience with Marico and Henkel in the past.
When we think about top MBA colleges in India, we usually think of the IIMs. However, the situation has evolved over time, and a number of other MBA colleges have made it onto the list of best MBA colleges in India for 2024. The Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and other top MBA colleges in India include the Indian Institutes of Management (IIM), IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many others. This article includes a list of the top MBA Colleges in India you should apply.
1. S.P. Jain Institute of Management (SPJIMR)
Founded under the aegis of Bharatiya Vidya Bhavan, SP Jain Institute of Management and Research, or SPJIMR, located in the sprawling campus in Mumbai, is one of India’s top Business Schools. It offers Post-Graduate level programs in Business Studies, programs ranging from PGDM(Equivalent to an MBA), FPM(Equivalent to an PhD), and various other Executive Management programs. It has ranked consistently among the top 5 management institutes in India, both in terms of overall quality and placement records. Accredited with such Global Crowns as AMBA and AACSB, SPJIMR is noted not only for its academic programs but also for the program’s unique way of teaching and contribution to society.
For its flagship program, i.e. PGDM, SPJIMR accepts CAT and GMAT scores and is known to be one of the few B-Schools in India which value the overall profile of prospective candidates.
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Placement Highlights of SPJIMR
PGDM :
Highest Domestic CTC - INR 77.80 LPA
Average CTC - INR 33.02 LPA
2. MDI Gurgaon
One of the top Business Schools of India, Management Development Institute, or MDI, is located in a lush green 12-acre campus in Gurgaon. It has been ranked amongst the top ten B-Schools of the country, year on year, and is well known for being the first Indian B-School to be internationally accredited. MDI offers various Post-Graduate level programs in Business, Economics, and Public Policy. Its flagship program, PGDM is accredited by AICTE and NBA for its equivalency to an MBA degree. MDI offers its students, some of the most well-known faculty members, who not only bring academic excellence but also nurture fundamental values to generations of future managers.
MDI accepts CAT and GMAT scores for its flagship programs, PGDM, PGDM-HR, and PGDM-IB.
Placement Highlights of MDI
PGDM :
Highest Domestic CTC - INR 60 LPA
Average CTC - INR 27.67 LPA
3. IMT Ghaziabad
Institute of Management Technology, Ghaziabad is one of the leading business schools in India. A plethora of reputed magazines, media houses, ranking agencies, and government agencies have been consistently ranking IMT among the top B-schools of the nation. IMT was recently re-accredited with AACSB, accreditations which vouch for the international quality of education imparted at the Institute. It offers MBA equivalent programs like PGDM, PGDM Marketing, PGDM BFS, and its Dual Country program, partly in Ghaziabad and partly in Dubai.
IMT accepts CAT and XAT scores for its flagship programs.
Placement Highlights of IMT Ghaziabad
PGDM :
Highest Domestic CTC - INR 34 LPA
Average CTC - INR 17.35 LPA
4. SDA Bocconi
SDA Bocconi Asia Center, located in Mumbai, is a pan-Asian extended hub of SDA Bocconi School of Management, a constituent school of Universita Bocconi. It has been deploying Postgraduate and Executive Programs in Management and Business Studies crafted, designed and, implemented by SDA Bocconi School of Management, Italy, since 2012. It has nurtured various new-age management leaders across sectors through its unique multi-cultural, multi-country program, i.e. International Master of Business(IMB).
SDA Bocconi is among the leading Business Schools in Europe and is among the few to have gained triple accreditation – EQUIS, AMBA, and AACSB – which puts it in the élite of Business Schools worldwide.
SDA Bocconi Asia Center offers up to 80% scholarship for its flagship program.
SDA Bocconi Asia Center accepts CAT, NMAT, GMAT, or GRE scores for its flagship programs. Students can also opt to take the Bocconi Test.
Placement Highlights of SDA Bocconi Asia Center
Highest Domestic CTC - INR 39.24 LPA
Average CTC - INR 14.30 LPA
The above does not include international offers.
Application Deadline:
Application Deadline: 15 Apr 2024
Tuition Waivers' Application deadlines:
- 1st round: 3/11/2023
- 2nd round: 12/01/2024
- 3rd round: 01/03/2024
- 4th round: 15/04/2024
5. BITSoM
BITSoM is a new-age business school offering industry-immersive business education for tomorrow’s leaders in the heart of the business capital of India, Mumbai. BITSoM is a first-of-its-kind institute nurtured by BITS Pilani, an Institution of Eminence. It offers a two-year residential MBA degree in which distinguished leaders from different walks of life have designed immersive and future-ready programs for the changemakers of tomorrow. It has also signed Memorandums of Understandings(MoUs) with top of the funnel such Global B-Schools as London Business School.
BITSoM accepts CAT, GMAT, or GRE scores for its MBA program.
Placement Highlights of BITSoM
Highest Domestic CTC - INR 50.10 LPA
Average CTC - INR 23.58 LPA
6. Woxsen School of Business
Woxsen School of Business, located in Hyderabad, is one of the top private B-Schools in India and is committed to developing competent management professionals across sectors globally.
The faculty are among the very best in the country and the school achieves its objectives by imparting top-of-the-world academic processes, industry-oriented and relevant curriculum, sports, and vibrant student activities in a residential setting in its picturesque campus. It offers MBA programs in General Management, Financial Services, and Business Analytics. It’s ranked among the top B-schools in India by numerous ranking agencies and publications and it has also collaborated with various Global Institutions to adopt an out-of-the-box global touch to management education.
Woxsen accepts GMAT, GRE, NMAT, XAT, CAT, CMAT, or WAT (Woxsen Aptitude Test)
Placement Highlights of Woxsen School of Business
Highest Domestic CTC - INR 17 LPA
Average CTC - INR 9.09 LPA
7. Great Lakes Institute of Management
Great Lakes Institute of Management, Chennai, was established in 2004 by the Visionary Management Guru Padma Shri Dr. Bala V Balachandran – JL Kellogg Distinguished Professor of Accounting Information & Management, Kellogg School of Management at Northwestern University, USA. Great Lakes was founded with the objective of creating management professionals equipped to navigate the business challenges of the future. The institute is one of the pioneers in introducing the one-year full-time MBA (PGPM) in India. Great Lakes has also been responsive to changing industry dynamics by being the first to introduce specializations such as Analytics, AI, Machine Learning & Blockchain in management programs. With a global faculty pool, innovative curriculum, application-oriented teaching-learning pedagogy, and strong engagement with corporate leaders, Great Lakes provides a holistic learning experience to its students right from day one.
Great Lakes Institute of Management, Gurgaon, was founded in 2010 as the 2nd campus to Great Lakes Chennai. The Gurgaon campus was strategically set up in the industrial hub of the country – Delhi NCR – to engage extensively with the established Fortune 500s and new-age businesses in the region.
Aspects evaluated together during the application phase:
1. Past Academic Performance
2. Professional Track Record (for candidates with work experience)
3. Application Essay - Statement of Purpose (PGPM Only)
4. Diversity
5. Entrance Test Scores - CAT, XAT, GMAT, CMAT (best score would be considered in case multiple scores are submitted)
Aspects evaluated through AWT:
1. Reasoning Skills
2. Clarity of Thought
3. Written Communication Skills
Aspects evaluated through PI:
1. General & Business/Industry Awareness
2. Attitude, Motivation & Thought Process
3. Initiatives taken during Past Academic days and at Workplace
4. Past achievements
5. Leadership potential
Great Lakes Admissions process in its entirety aims to select well-rounded, highly motivated, and consistently high-performing individuals for its programs solely on the basis of overall merit. The process has no provision for reservations of any kind and all applicants are evaluated on a fair basis. To encourage diversity in class, the Great Lakes Institute of Management also offers diversity and merit-based scholarships worth up to INR 2 Crores for the PGPM program.
Placement Highlights of Great Lakes
PGPM (Chennai):
Highest Domestic CTC - INR 34 LPA
Average CTC - INR 18.10 LPA
PGDM( Chennai)
Highest Domestic CTC - INR 46 LPA
Average CTC- INR 14.50 LPA
PGPM (Gurgaon):
Highest Domestic CTC - INR 33.3 LPA
Average CTC - INR 15.8 LPA
PGDM(Gurgoan):
Highest Domestic CTC - INR 20.5 LPA
Average CTC- INR 11.6 LPA
Application Deadlines for Admissions 2022
-
The application start date is August 1, 2023, and the last date to submit for Cycle 1 is December 1, 2023. The last date to submit for Cycle 2 is January 10, 2024.
8. FMS Delhi
A constituent school of the University of Delhi, The Faculty of Management Studies, located in the national capital, is one the most popular, respected, and sought-after Business Schools. It focuses on the nuances of management education which go beyond business studies and impart globally recognized quality of learning to transform students into industry-ready business leaders. The approach to its pedagogy combines fieldwork, case studies, and instrumented feedback with a strong emphasis on industry oriented concepts and theory. Its a locational advantage is huge in terms of exposing students to the right set of industry interactions as well as top-notch career services.
For its flagship program, MBA Full Time, FMS Delhi accepts only CAT scores.
Placement Highlights of FMS
MBA:
Highest CTC - INR 1.23 Crore Per year
Average CTC - INR 34.1 LPA
9. Goa Iinstitute of Managemnet
Goa Institute of Management, popularly GIM, is acknowledged internationally as a world-class business school that provides quality management Programs and develops futuristic managers with strong ethics and values. It’s located in a sprawling lush green campus in the coastal state of Goa and offers various programs at the post-graduate level.
GIM not only imparts management education but also creates opportunities for the growth and development of entrepreneurs, maximizes management research, and brings about the overall industrial development of India. It offers programs in PGDM, PGDM- Healthcare Management, PGDM- Banking and Financial Services, and PGDM- Big Data Analytics.
GIM has been ranked among the top schools in the country consistently for years and continues to strive year on year, nurturing future management leaders.
For its flagship program, GIM accepts XAT, CAT, CMAT, and GMAT scores.
Placement Highlights of GIM
Highest CTC - INR 55 LPA
Average CTC - INR 14.66 LPA
10. T. A. Pai Management Institute (TAPMI)
Located in Manipal, Karnataka; The T. A. Pai Management Institute (TAPMI) is one of India's top private Business Schools and it boasts a legacy of 36 years rooted in a value system imbibing ethical behavior, respect for diversity, and zeal to excel in every aspect of life. It is accredited with AACSB and AMBA, accreditations that vouch for the international quality of education imparted at the Institute. TAPMI believes that academics should facilitate the holistic development of the students, who join the 2-year post-graduate programs. TAPMI offers MBA, MBA-BKFS, MBA HRM, and MBA-Marketing.
For its flagship programs, TAPMI accepts XAT, CAT, and GMAT scores.
Placement Highlights of TAPMI
Highest CTC - INR 25 LPA
Average CTC - INR 15.7 LPA
Application Deadline: 31st January 2024
11. National Institute of Industrial Engineering (NITIE)
Located in Powai, Mumbai; the National Institute of Industrial Engineering (NITIE) is a Postgraduate, Public Management Institute in India. It offers Postgraduate Diplomas in numerous fields of Management and Industrial Engineering. It has been consistently ranked among the top 15 B-Schools in India. It's PGDIM & PGDISEM are equivalent to MBA and its PGDIE, PGDMM & PGDPM are equivalent to M.Tech. NITIE’s curriculum is benchmarked against the finest in the world to guarantee that it provides high-quality business education based on sound pedagogy. Founded on top management practices, it is supported by solid fundamentals with an emphasis on current and developing management challenges.
For its flagship programs, NITIE accepts CAT and GATE scores.
Placement Highlights of NITIE
Highest CTC - INR 49 LPA
Average CTC - INR 25.4 LPA
12. KJ Somaiya Institute of Management
Located in Mumbai, K J Somaiya Institute of Management, a constituent school of Somaiya Vidyavihar University, is one of India’s sought-after B-Schools. It boasts of bridging the gap between academics and the industry through a strong emphasis on Acquisition, Application, and Assimilation of knowledge; this program focuses on creating the confident managers of tomorrow. It offers programs in MBA, MBA Sports Management, and MBA Health Care Management.
For its flagship programs, KJ Somaiya accepts CAT, XAT, CMAT, NMAT, and GATE scores.
Placement Highlights of KJ Somaiya
Highest CTC - INR 25.96 LPA
Average CTC - INR 12.32 LPA
Application Deadline: January 18, 2024
13. Narsee Monjee Institute of Management Studies (NMIMS)
Located in the heart of Mumbai, Narsee Monjee Institute of Management Studies -Deemed to be the University’s School of Business Management is a premier B School in India which has been consistently ranked among the top 10 B Schools of the country. It is recognized for its excellence in academics and its valuable contributions to industry and society and students.
It offers various MBA programs in Business Management, Human Resource Management, Health Care Management, Decision Sciences and Analytics, Law, etc. It has programs that offer dual degree options with top Global Universities like Purdue, etc.
For its flagship programs, NMIMS only accepts NMAT by GMAC scores.
Placement Highlights of NMIMS
Highest CTC - INR 67.80 LPA
Average CTC - INR 26.63 LPA
14. SIBM Pune
A constituent school of Symbiosis International University, Symbiosis Institute of Business Management, Pune is one of India’s topmost and most sought Business Schools.
To keep pace with the ever-evolving education scenario and to meet international standards, SIBM Pune has taken major initiatives in terms of programs, curriculum development, international linkages, placements, and students’ development. It has transformed into a globalized center of learning, providing its students a balanced exposure to research, academics, and practical aspects of the industry. Its flagship program is MBA which gives students an option to major in either one of Marketing, HR, Finance, Operations, etc.
For its flagship programs, SIBM Pune only accepts SNAP scores.
Placement Highlights of SIBM Pune
Highest CTC - INR 35.05 LPA
Average CTC - INR 26.77 LPA
15. ISBR Bangalore – International School Of Business & Research
The PGDM curriculum is set apart by three distinct dimensions: Extensive corporate interface; unlimited knowledge access and an unwavering focus on the future. The PGDM program offered by one of the top PGDM colleges in Bangalore is very unique not only in its contents but also in its delivery.
They have 180+ companies coming on the campus and more than 91% of students getting placed.
Some Advantages:
- Study abroad option available with International partnering universities
- Dual Specializations to make student multi-industry ready
- Electives taught by eminent faculty from Industry
- Range of inspirational speakers from around the world
- Exclusively designed course content at par with top international business schools
- Case Studies, Live Projects, Movie Analysis, Fests participation, Foreign language course, International conference all and much more
- This program is embedded in a learning community characterized by a strong research tradition and high quality professional teaching
- Programmed to inculcate Innovation, Ethical Values & Nurture Holistic development
- Smart student cohorts
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