MBA Colleges in India
It is essential to shortlist the right MBA programme and specialization as well as the right college in order to give your career a boost. With advanced cities like Delhi, Bangalore, Hyderabad, Chennai, Mumbai, etc. others, the job prospects after MBA are fruitful. Targeting the top MBA colleges can brighten your chances of securing admission in good colleges. However, for aspirants who are looking for top MBA colleges in India, the following are some of the institutes that you can consider.
Doing MBA in India offers an excellent learning experience with high placements as compared to other cities. More than 500+ MBA colleges situated across parts of India offer quality education, making the place a cherished dream of pursuing management education. MBA in places like top cities of India may be a good selection as more options of pursuing MBA programmes in India are available at a low fee with high Return on Investment, and with its unique status of capital, the greater corporate interface is additionally available.
Top Colleges in India according to the rankings of 2020
Fees: Rs. 21,00,000
Indian Institute of Management Bangalore (IIM Bangalore or IIMB) is a public business school and Institute of National Importance located in Bangalore, India. IIMB is a globally ranked institute as per the QS World University Rankings and Financial Times Global MBA Rankings. The institute offers Post Graduate, Doctoral, Executive Education, and Certificate Programmes. The MBA programme is the flagship programme of the institute and is offered in three modes – one-year full time, two-year full time and executive (weekend). The Post Graduate Programme in Management (PGP), a two-year, full-time residential MBA programme, is offered to candidates admitted through the Common Admission Test (CAT). IIM Bangalore offers the Executive Post Graduate Programme in Management (EPGP), a one-year full-time MBA programme for candidates admitted through the Graduate Management Admission Test (GMAT).
Fees: Rs. 23,00,000
Indian Institute of Management Ahmedabad is a business school located in Ahmedabad, Gujarat, India. It is consistently ranked among the top business schools in India. The school has been accorded the status of an Institute of National Importance by the Ministry of Human Resources, Government of India in 2017. IIM Ahmedabad offers various full-time and part-time postgraduate programmes, leading to an MBA degree. It also offers diploma programmes. Worldwide, the Financial Times has ranked IIM Ahmedabad 20 in its Masters in Management Ranking 2019 and 61 in its Global MBA Ranking 2020. The QS Global 250 MBA Rankings 2020 ranked it 40 in the world and 6th in Asia.
Fees: Rs. 27,00,000
Indian Institute of Management Calcutta is a public business school located in Joka, Kolkata, West Bengal, India. It was the first Indian Institute of Management to be established and has been recognized as an Institute of National Importance by the government of India in 2017. Worldwide, the Financial Times has ranked IIM Calcutta 17 in its Masters in Management Ranking 2019 and 42 in its Global MBA Ranking 2020. The QS Global 250 MBA Rankings 2020 ranked it 101-110 in the world and 13 in Asia.
IIM Calcutta offers five main full-time academic programmes:
- Post Graduate Diploma in Management (PGDM) – Two-year, full-time MBA programme
- Post Graduate Diploma in Business Analytics (PGDBA) – Two years, full-time Business analytics programme
- Fellow Programme in Management (FPM) – DBA programme
- MBA for Executives (MBAEx) (Formerly Post Graduate Programme for Executives or PGPEX) – One-year, full-time MBA programme for Executives
- Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM) – One-year, full-time Executive MBA programme
Fees: Rs. 21,00,000
XLRI – Xavier School of Management is a private business school run by the Society of Jesus (Jesuits) in Jamshedpur, Jharkhand, India. It was founded in 1949 in the steel city of Jamshedpur, as the oldest business school in India. XLRI was ranked ninth among management schools in India by the National Institutional Ranking Framework (NIRF) in 2020. It was ranked third in India by Business Today‘s “India’s best B-schools 2019” and first in Outlook India‘s “Top Private MBA Institutes” of 2020. XLRI offers two-year MBA programs- Postgraduate Diploma in Business Management (PGDBM) and Postgraduate Diploma in Human Resource Management (PGDHRM). It also offers a 15 months General Management Program (GMP) and a doctoral level fellowship program (FPM). XLRI is also known for offering various short term management development programmes and a host of virtual programs.
Fees: Rs. 17,50,000
S.P. Jain Institute of Management and Research (SPJIMR) is a Private business school affiliated with Bharatiya Vidya Bhavan. SPJIMR sits on a 45-acre campus in the western suburbs of Andheri in Mumbai. The institute has an annual intake of approximately 700 students under various educational programmes with the Post Graduate Diploma in Management (PGDM) being the institution’s oldest offered course. SPJIMR offers several postgraduate full-time programmes, such as the Global Management Programme, the Executive Management Programme, and the Family Managed Business Programme. There are also short-term programs such as the Start Your Business Programme, the Grow Your Business Programme, and several Management Development Programmes. Globally, The QS Global 250 MBA Rankings 2020 ranked SPJIMR 151–200 in the world and 18 in Asia. In India, SPJIMR was ranked 16 among management schools by the National Institutional Ranking Framework (NIRF) in 2019, fourth by Business Today‘s “India’s best B-schools 2019” and 2nd among private management colleges in India by Outlook India‘s in 2020
Location: Indore, Madhya Pradesh
Fees: Rs. 16 lakh to Rs. 20 lakh
The Indian Institute of Management Indore (often abbreviated as IIM-I) is an autonomous public business school located in Indore, Madhya Pradesh in India. Instituted in 1996, IIM Indore is the sixth addition to the Indian Institute of Management (IIM) family of management schools and was named as an institute of national importance in 2017 along with the other IIMs. IIMI was ranked seventh among management schools in India by the National Institutional Ranking Framework (NIRF) in 2020. The courses offered by the institute are Post Graduate Programme in Management (PGP), Post Graduate Programme in Human Resource Management (PGP-HRM), Fellow Programme in Management (FPM), and Executive Post Graduate Programme in Management (EPGP)
Location: Lucknow, Uttar Pradesh
Fees: Rs. 10 lakh to Rs. 14 lakh
Indian Institute of Management Lucknow (abbreviated IIM Lucknow or IIM-L) is a public business school in Lucknow, Uttar Pradesh, India. It was established in 1984 as the fourth Indian Institute of Management (IIM) by the Government of India. IIM Lucknow offers post-graduate diplomas, fellowships, and executive programs in management. It is recognized as an “Institution of Excellence” by India’s Ministry of Human Resource Development. IIM Lucknow also serves as the mentor institution for the newly established IIM Jammu, IIM Rohtak, and IIM Kashipur. It also served as a mentor institute to IIM Sirmaur till 2018. The National Institutional Ranking Framework (NIRF) ranked it 4th among management colleges in 2020.
Location: Gurgaon, Haryana
Fees: Rs. 9 lakh to Rs. 24 lakh
Exam: CAT, GMAT, MDI Test
Management Development Institute (MDI) is a leading Indian private Business School in India. It was established in 1973 by the Industrial Finance Corporation of India and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi. MDI was ranked fifth by Business Today‘s “India’s Best B-Schools 2019”, 10th among management schools in India by the National Institutional Ranking Framework (NIRF) in 2020, 3rd in India by Outlook India‘s Top 150 Private MBA Institutions” of 2020. The institute offers various post-graduate diploma programmes. These include full-time postgraduate programmes in management and part-time programmes such as executive programmes. It also offers fellowship research programmes.
Fees: Rs. 10 lakh to Rs. 16 lakh
The Indian Institute of Management Kozhikode (IIM Kozhikode or IIMK) is an autonomous public business school located in Calicut (Kozhikode), Kerala. This institute is one of the top MBA colleges in South India, which was set up in 1996 by the Government of India in collaboration with the State Government of Kerala, is one of the 20 Indian Institutes of Management (IIMs). It was the fifth IIM to be established. The two-year MBA is the flagship education program that aims to prepare young graduates for senior-level positions in the industry. The institute stresses a rigorous evaluation system and “learning to learn” approach through self-study, group work, open-ended discussions, and real-life projects.
Fees: Rs. 20,000
Faculty of Management Studies – University of Delhi (FMS Delhi or The Red Building of Dreams) is a leading business school located in New Delhi, India. It was established in 1954 under the umbrella of the University of Delhi and is often cited as one of the best business schools in India. The institute was started at the Delhi School of Economics premises under Dean A. Dasgupta of the Delhi College of Engineering (DCE). FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration, and doctoral programmes. In addition to all these programs, FMS also regularly conducts Management Development Programmes. FMS Delhi was ranked 12th in Outlook India‘s “Top Public MBA Institutions” of 2020 and 8th in Business Today‘s “India’s best B-schools 2019”. FMS has been ranked 28th globally by CEO world magazine.
Other Top MBA Colleges in India
Fees: Rs. 9.6 lakh
The Department of Management Studies, IIT Delhi, also known as DMS IIT Delhi, is the school of management education and research at the Indian Institute of Technology, Delhi. The department established in 1993 by an amendment in IIT Delhi statutes, currently runs a two-year full-time MBA programme with a focus on Management Systems, a two-year full-time MBA with a focus on Telecommunication Systems Management under the aegis of Bharti School of Telecom Technology and Management, and a three-year on-campus evening MBA programme with a focus on Technology Management. The Department of Management Studies IIT Delhi was ranked eighth among management schools in India by the National Institutional Ranking Framework (NIRF) in 2020, 17 by Business Today‘s “India’s best B-schools 2019”.
Location: Rohtak, Haryana
Fees: Rs. 15 lakh to Rs. 29 lakh
Indian Institute of Management Rohtak (IIM Rohtak or IIM-R) is a public business school located in Rohtak, Haryana a part of the National Capital Region (NCR) of India. IIM Rohtak was ranked 23 in India by the National Institutional Ranking Framework (NIRF) management ranking in 2019. IIM Rohtak was established in the year 2010 as one of the six new IIMs announced under the 11th Five Year Plan. It offers mainly three courses, Integrated Programmes in Management (IPM), the Post-Graduate Programme (PGP) in Management, and Executive Post Graduate Program for Executives (EPGPX). It offers undergraduate and postgraduate diplomas, IPM Programme, fellowships, and executive programmes in management. The institute has taken many entrepreneurial and social initiatives since its inception.
Fees: Rs. 18.16 lakh
Indian School of Business (ISB) is a private business school established in India in 2001. It has two campuses, in Hyderabad (Telangana) and Mohali (Punjab). It offers certificates in various post-graduate management programs. ISB became the 100th Triple Accredited business school in the world (AMBA, EQUIS, AACSB) upon achieving AMBA accreditation on 12 May 2020. Worldwide, the Financial Times has ranked ISB No. 28 in its Global MBA Ranking 2020. The QS Global 250 MBA Rankings 2020 ranked ISB at No. 98 worldwide and No. 12 in Asia. ISB has secured the 7th position globally in the Forbes Best Business Schools 2019 rankings
Fees: Rs. 14 lakh to Rs. 18 lakh
The Indian Institute of Management Tiruchirappalli (also known as IIM T or IIM Trichy) is a public graduate business school located on Tiruchirappalli-Pudukkottai National Highway 336, Tamil Nadu, India. IIM Trichy offers a two-year full-time residential Post Graduate Programme in Management (PGPM), a two-year Post Graduate Programme in Business Management (PGPBM) for working executives at the Chennai campus, and a Fellow Programme in Management (FPM) for Doctor of Business Administration candidates. In the year 2020, IIM Trichy launched a Post Graduate Programme in Human Resources Management (PGPM-HR) at its Trichy campus.
Fees: Rs. 5 lakh to Rs. 15 lakh
Exam: IIFT Entrance Exam, GMAT
The Indian Institute of Foreign Trade (IIFT) also known as the Indian Institute of Global Management is an autonomous public business school established in 1963 by the Ministry of Commerce and Industry, Government of India. IIFT has conferred the status of Deemed University in 2002. It conducts an autonomous entrance examination, named the IIFT Exam, across various centers in India. The courses offered by the institute are MBA in International Business (MBA-IB) – Full Time MBA in International Business (MBA-IB) – Part-Time, Executive Post Graduate Diploma in Industrial Marketing (EPGDIM), Executive Post Graduate Diploma in International Business (EPGDIB), and Executive Post Graduate Diploma in Capital And Financial Markets (EPGDCFM)
Location: Ghaziabad, Uttar Pradesh
Fees: Rs. 14 lakh to Rs. 25 lakh
Institute of Management Technology, Ghaziabad abbreviated as IMT G, is a private business school with its main campus at Ghaziabad in the Indian state of Uttar Pradesh. It is consistently ranked among India’s Top 20 business schools and Top 10 private business schools. It is an AICTE approved business school and offers postgraduate diplomas and executive education programmes in management. It also offers distance learning and collaborative programmes. IMT was ranked #7 among the best Indian B-Schools by Economic Times in 2018, 37 amongst management schools in India by the National Institutional Ranking Framework (NIRF) in 2020, 12 by Business Today‘s “India’s best B-schools 2019” and 15 in India by Outlook India‘s “Top 150 Private MBA Institutions” of 2020.
Location: Kashipur, Uttarakhand
Fees: Rs. 7.5 lakh to Rs. 15.5 lakh
Indian Institute of Management Kashipur also known as IIM Kashipur, is a public business school located in Kashipur, Uttarakhand, India. It is one of the thirteen Indian Institutes of Management the government has set up during the Eleventh Five-Year Plan. The foundation stone of the institute was laid on 29 April 2011. The institute offers a two-year flagship residential course which is the Post Graduate Programme in Management (PGP). Since 2014 it also offers a residential Fellowship Programme in Management (FPM), a non-residential Doctor of Business Administration Executive Fellowship Programme in Management (EFPM), and short term Management Development Programmes (MDP) for corporate executives.
Fees: Rs. 6 lakh
Indian Institute of Technology Madras is a public technical and research university located in Chennai, Tamil Nadu. As one of the Indian Institutes of Technology (IITs), it is recognized as an Institute of National Importance. Founded in 1959 with technical and financial assistance from the former government of West Germany, it was the third IIT established by the Government of India. It is one of the best MBA colleges in South India. IIT Madras has been ranked as the top engineering institute in India for five years in a row (2016–2020) by the National Institutional Ranking Framework of the Ministry of Human Resource Development.
Fees: Rs. 15 lakh
Exams: IBSAT, CAT, GMAT, NMAT
ICFAI Business School (IBS) Hyderabad was established in 1985. It is ranked 25 for MBA by NIRF 2020, 8 for Private MBA by Outlook 2020, and 25 for BBA by India Today 2020, IBS Hyderabad is considered among the top business schools in India. It is a member of the Association to Advance Collegiate Schools of Business (AACSB)-the USA, accredited to NAAC with ‘A’ grade, has been re-accredited by SAQS (South Asian Quality Standards), is rated A** by CRISIL (national-level) and has received EB2 IN by ICRA. Known for its flagship MBA programme, IBS Hyderabad also offers BBA, BA, E-MBA, and Ph.D. programmes in the field of Management. This institute offers one of the largest MBA programmes in Asia. The academic units of IBS Hyderabad are organized into five departments, namely Finance & Accounting, Marketing & Strategy, Economics, Operations & IT and Human Resources and Soft Skills
Fees: Rs. 16 lakh
Exams: XAT, CAT, CMAT, ATMA, MAT
Xavier Institute of Management and Entrepreneurship (XIME) is a private business school with three fully residential campuses, in Bangalore, Kochi, and Chennai, all in India. The Institute pioneered the Association of BRICS Business Schools (ABBS, estd. 2008) which is a platform for management education in Brazil, Russia, India, China, and South Africa. XIME offers a two-year PGDM course with specialization in Marketing, Finance, HR, Operations, and Business Analytics. XIME Banglore also offers PGCM in Construction Management and Healthcare Management. Ranked 45th best in South India by Outlook-ICARE India MBA Rankings 2020
Fees: Rs. 11.5 lakh
Exams: CAT, XAT
Loyola Institute of Business Administration (LIBA) is a private business school in Chennai, Tamil Nadu, India, was founded by the Society of Jesus (Jesuits) in 1979. It is situated on the Loyola College, Chennai, campus and run by the Loyola College Society. Loyola Institute of Business Administration was ranked 50 by the National Institutional Ranking Framework (NIRF) management ranking in 2020. LIBA offers a two-year, full-time PGDM program, approved by the AICTE and recognized as equivalent to an MBA degree by the Association of Indian Universities (AIU). LIBA also offers a full-time MBA (PGDM) program (2 years), part-time MBA (PGBM) program (3 years), various executive diploma courses, and certificate programs in various management subjects. It is a resource center for doctoral programs offered in affiliation with the University of Madras.
Read more: Top Colleges in NCR