Top MBA Colleges in India – Seats, Fees, Rank, Average Package, Cut Off

MBA is one of the most lucrative career domains not only in India but also around the world and getting an MBA degree from the top MBA Colleges in India is the sure way to achieve success in life. The MBA college plays a very important role in shaping the future of a student. Students who study in top MBA colleges get better education and networking opportunities that expedite their career progression. So, if one wants to reach the greatest heights of the corporate world, one must pursue his/her MBA degree from a top MBA college.

Top MBA Colleges in India

There are many MBA colleges in India but not all of them are the top MBA colleges. The top MBA colleges in India are held by both government and private organizations. The Indian Institute of Management (IIM) dominates the list of top Indian MBA colleges in India. The top MBA college in India is topped by IIM Ahmedabad, which is followed by IIM Bangalore, IIM Kozhikode, and so on. The top three IIMs, IIM Calcutta, and IITs such as IIT Delhi and XLRI Jamshedpur are among the 2023 NIRF rankings that highlight the top MBA colleges in India.

In India, there are over 100 notable MBA colleges that are owned by public/government organizations and private players. The primary tests that are accepted at the best MBA schools in India are the CAT, XAT, and CMAT. Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, Accenture, and other companies are among the top MBA recruiters who visit these top MBA colleges.

Top 10 MBA Colleges in India

MBA colleges are ranked every year by various organizations. Of all the rankings, the NIRF NIRF (National Institutional Ranking Framework) ranking is the most prestigious one that is done by the Ministry of Education (MoE), Government of India.

The MBA colleges are ranked on the basis of different parameters including the graduation outcome (placement). As the repute of the college has a great bearing on the candidate’s future prospects, it is always better to take admission in the top-ranked colleges featured in the NIRF list. The list of top 10 MBA colleges in India as per the NIRF ranking is given below.

Top MBA Colleges in India with Fees

The fee of any MBA college is the major factor that influences the choice of candidates in deciding whether to take admission in that college or not. You may be searching for a reasonable fee schedule that offers good placement and reassures you about your future chances. Before deciding whether to apply for MBA admission, it is therefore best to examine the cost structures of various B-schools and the educational outcomes that result from them.

Almost all rankings place IIM Ahmedabad, Bangalore, and Calcutta among the top MBA programs in India based on a variety of criteria; nonetheless, their fees are quite expensive, costing more than INR 24–25 lakhs. Conversely, one of the best MBA programs in India is the Faculty of Management Studies, Delhi University (FMS Delhi), which charges as little as Rs. 25,000 per semester for a total fee that is less than Rs. 2 lakhs.

The top MBA colleges in the context of fees are those colleges that have a very high ROI (Return on Investment). The list of top MBA colleges in India with fees is given hereunder.

Seats in Top MBA Colleges in India

The top MBA colleges in India have only limited seats. That is why, candidates face cut-throat competition to get admitted into these colleges. So, it is better to know the seats available at the top MBA colleges so that students can make a foolproof strategy to bag an MBA seat at these top institutions. The seats available in top MBA colleges in India are given hereunder.

Top MBA Colleges in India Placement Wise

Getting a high package is the main reason that many students choose to pursue an MBA program at the top colleges. After graduating, students from top IITs, NITs, medical schools, and chartered accounting firms choose to pursue an MBA from one of the best MBA colleges in India since top MBA universities give the highest salaries in the country. It will assist you in choosing the best admittance option if you look at the average placements and ROI for the B-schools before making a decision. The list of top MBA colleges in India placement-wise is given below.

Top 20 MBA Colleges in India

The list of top 20 B schools is prepared by many research publications and some government bodies. But it must be noted that many times it may happen that the ranking does not include top colleges due to the shortcomings of the ranking criteria. For example, the Govt of India NIRF Ranking 2023-Management did not explicitly include many of the best MBA colleges in India according to the 2023 rankings.

Since these top MBA colleges of 2023 were a part of the university, their ranking was determined by looking at the university rating rather than by looking at them individually. For instance, Delhi University B-school and FMS Delhi were not included in the list of the best MBA schools in India with NIRF Ranking for the management category. 

Undoubtedly, ranking is a major consideration when selecting a B-school. However, highly ranked universities are not the only ones that offer MBA programs. Additional factors, such as ROI, which compares the program fee to placement, are crucial. In addition, factors including legacy, infrastructure, faculty-to-student ratio, alumni, and learning experiences are taken into account. Most of these factors will determine which good B-school you should attend. Based on these parameters, the list of top 20 MBA colleges is given below.

Best MBA Colleges in India without CAT

There are many exams other than CAT that a student can take to get admission into top MBA colleges. Some of these exams are XAT, SNAP, MAT, etc. A student can take a variety of MBA selection exams in addition to the CAT in order to be admitted to a prestigious B-school. However, a number of India’s Top MBA Colleges take applicants into consideration whether or not they took the CAT. Here is a list of some of India’s top MBA programs that don’t take the CAT into account. 

• XLRI Jamshedpur
• Symbiosis International University, Pune
• MICA, Ahmedabad
• NMIMS
• TISS
• IIFT
• IRMA, Anand

Best MBA Colleges in India – Private

The top MBA colleges list of India features many private colleges that have been imparting quality management education to the masses for ages. These management institutions provide world-class management exposure and a high-average placement package. The list of the top private MBA colleges in India is given below along with their rank.

Best MBA Colleges in India – Government

The top MBA colleges in India mostly belong to the government sector. Among the top 10 MBA colleges in the NIRF ranking, there are 9 government colleges and only one private college. The government management colleges in India have been dominating the management sector of the Indian economy by providing world-class managers. The list of top MBA colleges in the government sector is given below along with their rank.

Top MBA Colleges in India Cut Off

The cut-off mark is very important to know in order to get admission to the MBA colleges. Candidates who will clear the cut-off will be able to attend the admission process of that particular college. For this reason, we are providing the cut-off percentile required for top Indian MBA colleges (IIMs and Non-IIMs) below.

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