| Grade | Rank | MBA College | City | Program | Exams | Fees | Compare |
| AAA+ | 1 | IIM Bangalore: Indian Institute of Management Established in 1973 in India’s high technology capital, IIM Bangalore is one of the top three management… Read more | Bangalore | Post Graduate Programme in Management (PGP) Leading to MBA Degree | CAT, GMAT | INR 23,20,000 | Add to compare |
| AAA+ | 2 | IIM Ahmedabad: Indian Institute of Management IIM Ahmedabad is the undisputed number one management school in the country. IIM Ahmedabad runs 2 years… Read more | Ahmedabad | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 23,00,000 | Add to compare |
| AAA+ | 3 | IIM Calcutta: Indian Institute of Management IIM Calcutta was established as the first National Institute for Post-Graduate studies and Research in… Read more | Kolkata | Master of Business Administration (MBA) | CAT, GMAT | INR 22,60,000 | Add to compare |
| AAA+ | 4 | IIM Lucknow: Indian Institute of Management Established in 1984, IIM Lucknow is the 4th in the prestigious IIM family of Management schools. IIM… Read more | Lucknow | Post Graduate Programme in Management (PGPM) | CAT, GMAT | INR 19,25,000 | Add to compare |
| AAA+ | Not Ranked | XLRI Jamshedpur: Xavier School of Management Xavier School of Management (XLRI), Jamshedpur is a premier, private management institute in India. One of… Read more | Jamshedpur | Post Graduate Diploma in Business Management (PGDM – BM) | XAT, GMAT | INR 23,60,000 | Add to compare |
| AAA+ | Not Ranked | ISB Hyderabad: Indian School of Business Evolved from the need for a world-class business school in Asia, ISB Hyderabad is the top MBA college in… Read more | Hyderabad | Post Graduate Programme in Management | GRE, GMAT | INR 22,50,000 | Add to compare |
| AAA | 5 | IIM Kozhikode: Indian Institute of Management Boasting of one of the most picturesque and oxy-rich campuses in the country, Indian Institute of Management… Read more | Kozhikode | Post Graduate Program in Management (PGP) | CAT, GMAT | INR 19,00,000 | Add to compare |
| AAA | 6 | SPJIMR Mumbai: SP Jain Institute of Management and Research Bharatiya Vidya Bhavan’s S P Jain Institute of Management and Research (SPJIMR) is a leading school of… Read more | Mumbai | Post Graduate Diploma in Management (PGDM) | CAT, GMAT | INR 19,00,000 | Add to compare |
| AAA | 7 | IIM Indore: Indian Institute of Management Established in 1996, IIM Indore is the sixth in the family of twenty state-supported Indian Institutes of… Read more | Indore | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 21,07,000 | Add to compare |
| AAA | 8 | IIFT New Delhi: Indian Institute of Foreign Trade Indian Institute of Foreign Trade (IIFT) is the top MBA college in India offering MBA in International… Read more | New Delhi | MBA in International Business | IIFT | INR 18,25,000 | Add to compare |
| AAA | 9 | MDI Gurgaon: Management Development Institute At par with IIMs, Management Development Institute (MDI) Gurgaon has a legacy of more than 45 years. … Read more | Gurugram | Post Graduate Programme in Management (PGPM) | CAT, GMAT | INR 20,86,670 | Add to compare |
| AAA | 10 | NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies – SBM With the legacy of 40 years, SVKM’s NMIMS has grown and expanded from 1 school and single campus to 17… Read more | Mumbai | Master of Business Administration (MBA) | NMAT | INR 20,80,000 | Add to compare |
| AAA | 11 | IIM Udaipur: Indian Institute of Management Udaipur Commencing Operation in 2011, IIM Udaipur has become a top MBA college with many USPs during the short period… Read more | Udaipur | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 13,54,000 | Add to compare |
| AAA | 12 | IIM Shillong: Indian Institute of Management Indian Institute of Management Shillong, prominently known as IIM-S was established in 2007, with a vision of… Read more | Shillong | Post Graduate Diploma in Management (PGDM) | CAT, GMAT | INR 14,60,000 | Add to compare |
| AAA | 13 | IIM Trichy: Indian Institute of Management Tiruchirappalli Indian Institute of Management Tiruchirappalli (IIMT) is the eleventh IIM and was instituted on January 4,… Read more | Trichy | Post Graduate Programme in Management (PGPM) | CAT, GMAT | INR 14,00,000 | Add to compare |
| AAA | 14 | Institute of Management Technology, Ghaziabad I nstitute of Management Technology (IMT), set up in 1980, is a pioneer in offering top class… Read more | Ghaziabad | Post Graduate Diploma in Management – PGDM | CAT, XAT, GMAT | Add to compare | |
| AAA | 15 | IIT BOMBAY: Shailesh J Mehta School of Management Mumbai To promote interdisciplinary learning and to keep up with the changing environment, IIT Bombay established… Read more | Mumbai | Master of Management Programme | CAT | INR 8,30,000 | Add to compare |
| AAA | 16 | IIM Ranchi: Indian Institute of Management IIM Ranchi was established in 2010 and is the 9th in the IIM Family. IIM Ranchi aims at creating efficient… Read more | Ranchi | Post-Graduate Diploma in Management (PGDM) | CAT, GMAT | INR 15,10,000 | Add to compare |
| AAA | 17 | IIM Raipur: Indian Institute of Management Indian Institute of Management (IIM) Raipur was set up by the Government of India, Ministry of Human Resource… Read more | Raipur | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 14,20,400 | Add to compare |
| AAA | 18 | IIM Rohtak: Indian Institute of Management The eighth Indian Institute of Management was established in Rohtak on November 16, 2009. Enabling the… Read more | Rohtak | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 12,73,000 | Add to compare |
| AAA | 19 | IMI Delhi: International Management Institute International Management Institute (IMI) is India’s first corporate sponsored Business School founded in… Read more | New Delhi | Post-Graduate Diploma in Management | CAT, XAT, GMAT | INR 19,25,100 | Add to compare |
| AAA | 20 | TAPMI Manipal: T A Pai Management Institute The T. A. Pai Management Institute boasts of a legacy of 37 years rooted in value system imbibing ethical… Read more | Manipal | Master of Business Administration (MBA) | CAT, XAT, GMAT | INR 16,00,000 | Add to compare |
| AAA | 21 | IIM Kashipur: Indian Institute of Management Set up in 2011 by the Government of India, Indian Institute of Management Kashipur is a second-generation IIM… Read more | Kashipur | Master of Business Administration (MBA) | CAT, GMAT | INR 15,42,000 | Add to compare |
| AAA | 22 | Xavier University Bhubaneswar (XUB) Xavier University was set up on a strong foundation based on the Jesuit spirit of ‘Magis’ – which means ‘… Read more | Bhubaneshwar | MBA Business Management (MBA-BM) Offered By XIMB | CAT, XAT, X-GMT, GMAT | INR 18,90,000 | Add to compare |
| AAA | 23 | SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development Established in 1993, SCMHRD is a highly ranked B-school. The MBA program of SCMHRD Pune is one of the most… Read more | Pune | Master of Business Administration (MBA) | SNAP | INR 17,43,000 | Add to compare |
| AAA | 24 | IIT Delhi: Department of Management Studies New Delhi One of the top MBA colleges in India, IIT Delhi MBA programme is designed keeping in mind the changes in… Read more | New Delhi | Masters in Business Administration | CAT | INR 8,80,000 | Add to compare |
| AAA | Not Ranked | FMS New Delhi Faculty of Management Studies Faculty of Management Studies (FMS, Delhi) or the “Red Building of Dreams” is one of the oldest B-Schools in… Read more | New Delhi | Master of Business Administration (MBA) | CAT | INR 1,92,000 | Add to compare |
| AAA | Not Ranked | JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies JBIMS Mumbai, known as CEO factory is one of the top MBA colleges in India. The institute has a legacy of 50… Read more | Mumbai | Masters in Management Studies- MMS | CAT, CMAT, MAH CET | INR 6,00,000 | Add to compare |
| AAA | Not Ranked | SIBM Pune: Symbiosis Institute Of Business Management Symbiosis Institute of Business Management, Pune is a premier B-School of India recognized for its… Read more | Pune | Masters In Business Administration | SNAP | INR 20,50,000 | Add to compare |
| AAA | Not Ranked | PUMBA: Department of Management Sciences University of Pune Founded in the year 1971, Department of Management Sciences (PUMBA), Savitribai Phule Pune University is… Read more | Pune | MBA++ | CAT, CMAT, MAH CET | INR 1,34,000 | Add to compare |
| AAA | Not Ranked | NITIE Mumbai: National Institute of Industrial Engineering Located at the financial capital of India, NITIE, provides an excellent platform to the students who aspire… Read more | Mumbai | Post Graduate Diploma in Industrial Engineering (PGDIE) | Other Entrance Exams | INR 12,58,000 | Add to compare |
| AAA | Not Ranked | Department of Business Administration University of Lucknow The University of Lucknow was founded in 1921. It has emerged one of the largest and most well-known centres… Read more | Lucknow | Master in Business Adminstration | CAT | INR 2,15,000 | Add to compare |
| AAA | Not Ranked | Masters’ Union School of Business Master’s Union School of Business, Gurugram offers uniquely designed 16-month flagship management program… Read more | Gurugram | Post Graduate Programme in Technology and Business Management | CAT, NMAT, GRE, GMAT | INR 18,70,000 | Add to compare |
| AAA | Not Ranked | JAGSOM Bangalore: Jagdish Sheth School of Management Bangalore Jagdish Sheth School of Management (JAGSoM) is amongst the first 6 business schools in India to be awarded… Read more | Bangalore | Post Graduate Diploma in Management (PGDM) | CAT, XAT, MAT, CMAT, NMAT… read more | INR 14,40,000 | Add to compare |
| AAA | Not Ranked | Great Lakes Chennai: Great Lakes Institute of Management – GLIM Great Lakes Institute of Management, established in 2004, is a premier B-school in the country with campuses… Read more | Chennai | Post Graduate Program in Management (PGPM) | CAT, XAT, CMAT, GMAT | INR 20,75,000 | Add to compare |
| AA+ | 25 | GIM Goa: Goa Institute of Management ‘Learning Never Stops at GIM’. In GIM, we have created an environment where students get the opportunity… Read more | Poriem | Post Graduate Diploma in Management (PGDM) | CAT, XAT, CMAT, GMAT | INR 19,88,450 | Add to compare |
| AA+ | 26 | K J Somaiya Institute of Management, Mumbai K J Somaiya Institute of Management is a constituent Institute under Somaiya Vidyavihar University…. Read more | Mumbai | Master of Business Administration (MBA) | CAT, XAT, CMAT, NMAT, … read more | INR 18,78,880 | Add to compare |
| AA+ | 27 | Prin L N Welingkar Institute of Management Development and Research WeSchool is ranked among top 75 bschools in the National Institutional Ranking Framework (NIRF) list of 2021… Read more | Mumbai | Post Graduate Diploma in Management (PGDM) | CAT, XAT, CMAT, ATMA, … read more | INR 13,00,000 | Add to compare |
| AA+ | 28 | IIM Nagpur: Indian Institute of Management The Indian Institute of Management (IIM) Nagpur commenced operations in 2015 under the mentorship of IIM… Read more | Nagpur | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 11,50,000 | Add to compare |
| AA+ | 29 | IIM Sambalpur: Indian Institute of Management Mentored by IIM Indore, Indian Institute of Management Sambalpur was registered as a Society in August 2015…. Read more | Sambalpur | Post Graduate Programme in Management (PGP) | CAT | INR 10,00,000 |
Top MBA Colleges in India
Pursuing MBA from one of the top MBA colleges in India is the dream of MBA aspirants. Top MBA colleges in India include not only some of the 20 IIMs but also many other prominent top management colleges in India like FMS Delhi, MBA departments of IITs, JBIMS Mumbai, NMIMS Mumbai and private management institutes like XLRI Jamshedpur, MDI Gurgaon, SPJIMR Mumbai among others.
Ranking: Not the sole Criteria to Choose a B-school
No doubt Ranking is one of the key criteria to choose a B-school. But the top MBA colleges are not the only ones which are highly ranked only. Other parameters like RoI – which includes the programme fee vs. placement is very important. Apart from this Alumni, learning experience, faculty-student-ratio, legacy, infrastructure among others also count. Your choice of good B-school depends upon most of these parameters.
MBA Programme Fee: Important Criterion
A moderate fee structure with good placement that can assure you about your career prospects is what you might be looking for. So, it will be better to compare the fee structures of different B-schools and the benefits of learning arising out of it before finalizing your MBA admission decision.
IIM Ahmedabad, Bangalore, Calcutta are ranked among the best MBA colleges in India on various parameters in almost all the rankings, however their fee structure is very high and runs above 23 lakhs. On the other hand, the Faculty of Management Studies, Delhi University (FMS Delhi) is one of the top MBA colleges in India with Fee structure as low as Rs. 25,000 pert semester and total fee of less than Rs.2 lakhs. It is preferred to many IIMs as it has high RoI with high average placement compatible to top IIMs.
MBA Placements: Check RoI
Check what are the average placements over the years in the B-school before making a choice? Which MBA program gets higher Placement? Who are the top recruiters? These queries need to be answered to calculate the RoI and before you make huge investment to your MBA programme. The division in average placements could be made in 3 categories – Highest Placement B-schools like older IIMs, High Placement B-schools like IITs, TAPMI, Moderate Placement B-schools like BIMTECH, LIBA, Jaipuria among others. You should compare the fee and placements of the B-schools and then choose the right MBA college:
Faculty: Key to your Learning Experience
You need to find out how qualified and experienced is the faculty at the B-school. Every B-school publishes its faculty profile area wise on its website. You must read faculty profiles carefully and do area wise research especially for the MBA program you wish to pursue and look for the qualities like Professional Experience; Academic Qualification; Research Area and publications and Industry engagement.
Alumni Base
The older the B-school, higher is its alumni base that leads to better career path due to global network of its old students. How true it is, you will know simply by comparing the 20 IIMs where the older ones complete their placement as early as in February with high salary packages and newer ones struggle till late. FMS Delhi the oldest B-school offering MBA has a legacy of more than 60 years. Its alumni base is spread all over the world. Candidates get placed within a few days when campus placement starts.
Programmes Offered
You need to decide whether you wish to pursue General MBA and take some specific area of specialization in the second year or want to do specialized MBA right from the beginning. There are many top MBA colleges which offer General MBA and very few specialized MBA programs while many other MBA colleges offer specialized MBA programs also, like MBA Finance, MBA HR, MBA Business Analytics, MBA Rural Management among others. The choice has to be made before taking admission.
Accreditation: Good Quality Check
National and International Accreditations awarded to the B-schools reflect the quality of education including curriculum as per Global standard and industry requirement, pedagogy, high quality of faculty and research, facilities at the institute which are prominent parameters to choose the best MBA college. The prominent International and National Accreditations that you should look for, before making a decision on your preferred MBA college, are Association to Advanced Collegiate Schools of Business (AACSB), USA; EFMD Quality Improvement System (EQUIS); Association of MBAs (AMBA), UK; National Board of Accreditation (NBA); National Assessment & Accreditation Council (NAAC)
IIM Ahmedabad has been traditionally regarded as Top MBA College in India. It has best faculty, accomplished alumni and great placements. In last 5 years, IIM Bangalore has emerged as a strong competitor to IIMA for the Best MBA College in India award. Helped by location (Bangalore) it has improved all aspects of its education, particularly Executive Education. IIM Calcutta, XLRI and SPJIMR are other three MBA Colleges that complete Top 5 B-schools in India list. Other top MBA Colleges in India include: MDI Gurgaon, NMIMS, JBIMS, SJMSOM-IIT Bombay, FMS Delhi, IMI New Delhi, IMT Ghaziabad.
