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Top 10 Premier MBA Colleges Beyond IIMs

Top 10 premier MBA colleges in India beyond IIMs

The journey to a dream MBA doesn’t have to start and end with the IIMs alone. Imagine stepping into a campus where ideas come to life, mentors guide your every step, and industry connections open doors to your future. Across India, there are remarkable MBA colleges beyond the IIMs that have been quietly shaping brilliant minds, building leaders, and offering incredible opportunities. These colleges combine great education, strong placements, and a vibrant student experience. Ready to discover these hidden gems? Here’s a list of the top 10 premier MBA colleges beyond the IIMs:

1. FMS ( Faculty of Management Studies), Delhi

Exam AcceptedCAT
CourseMBA
FeesINR 2 Lakhs
Avg PlacementINR 34.1 LPA

In terms of ROI, FMS is considered to be one of the best B-schools. It is one of the oldest colleges in India, established in 1954 and owned by the government. It consistently ranks among the best B-schools in India due to its academics and experienced faculty. To get into this college, candidates must fill out the application form and be shortlisted after their CAT scores.  This institute offers a variety of management programs including MBA and MBA Executive. One of the highlights of this institute is the FMS fee structure. It is very affordable when compared to other B-schools. The school also has a strong network of alumni. Some top recruiters are Flipkart, Microsoft, Airtel, Amazon, ITC, etc.

2. S.P Jain Institute of Management & Research (SPJIMR), Mumbai

Exam Accepted CAT, XAT, GMAT
Courses PGDM
FeesINR 17.5 Lakhs
Avg PlacementINR 33 LPA

SPJIMR is located in Mumbai and was established in 1981. It is one of India’s leading business schools and is known for its practical approach to management education. To get into this college, candidates must fill out the application form and be shortlisted after the entrance exams. Then the shortlisted candidates are called for a personal interview. SPJIMR is recognized for its innovative approach to management education. Operations, Finance, and Database Technology are the main specializations they offer. This institute offers a variety of management programs including PGDM and PGPM.  SPJIMR’s strong emphasis on values and social responsibility, alongside its focus on leadership and innovation, has made it one of India’s leading business schools. They have a strong alumni network and active placement programs. The top recruiters are Nivea, Paytm, Amazon, Mahindra, and Tata Administrative Services.

3. X.L.R.I (Xavier School of Management), Jamshedpur

Exam AcceptedXAT, GMAT
CoursesPGDM
FeesINR 23.15 Lakhs
Avg Placement INR 29.89 LPA

This institution was established in 1949 and is said to be the most prestigious business school. XLRI has consistently maintained its reputation and has a strong alumni network. It is known for its strong focus on values and excellence in management education. They provide specialization in business administration and human resource management. The main programs they offer are PGDM and PGDM-GM. More importantly, XLRI is known for its rigorous selection process. Top recruiters include JP Morgan Chase, TATA Hitachi, TCS, etc.

4. JBIMS (Jamnalal Bajaj Institute of Management Studies), Mumbai

Exam MAH-CET, CAT, CMAT, MAT, ATMA
CoursesMMS
FeesINR 6.10 Lakhs
Avg PlacementINR 28.02 LPA

This institute was established in 1965 and it is often referred to as the “ CEO Factory of India” because it has a legacy of producing top business leaders. JBIMS offers specialisations are finance, Communication, etc. The location advantage in Mumbai allows JBIMS students access to numerous industries, internships, and job opportunities. Its alumni network includes the most influential names in Indian business.  J.P Morgan Chase & Co, Goldman Sachs, McKinsey & Company, Mahindra Group, etc are the main top recruiters. 

5. IIFT (Indian Institute of Foreign Trade), New Delhi

Exam Accepted IIFT
CoursesMBA
FeesINR 4.5 L – 21.77 Lakhs
Avg placementINR 25.16 LPA

IIFT is one of the top-ranked business schools in India this institute is known for its specialization in International Business. It was established in 1963 by the government. IIFT conducts its entrance test which focuses on QA, LR, VA, and GA. Later shortlisted candidates undergo a GD, WAT, and PI. The main highlight of this institution is that the faculty are not only educators but also they are also experts in international trade.  Paytm, Polycab, Roland Berger, and Bata are some of the recruiters. 

6. Symbiosis Institute of Management, Pune

Exam AcceptedSNAP
CoursesMBA
FeesINR 20.5 lakhs
Avg PlacementINR 26.77 LPA

Symbiosis Pune is one of the top B-schools in India and was established in 1978. This institute was privately owned. Symbiosis conducts its entrance test called SNAP and the shortlisted candidates go through GD-PI. Marketing, Finance, HR, and Operations are the main specializations. The main programs they offer are an MBA, an MBA in innovation and Entrepreneurship, Executive MBA. This institute focuses on ethics and maintains a balance between academics and experiential learning. Google, Shell, Barclays, and Walmart are some of the recruiters. 

7. TISS (Tata Institute of Social Science), Mumbai 

Exam AcceptedTISS
Courses OfferedHRM & LR
FeesINR 11.45 lakhs
Avg placementINR 20.06 LPA

TISS was established in 1936 in Mumbai. It is one of India’s most prestigious institutions for social science, public policy, and human resource management. Over time it has expanded its branches in Hyderabad, Guwahati, and Tuljpur. They offer specialization in HRM. These programs attract students who want to make a meaningful impact on the society. So it is a top choice for students aiming to pursue careers in social science. Amazon, Wipro, Walmart, and Deloitte are the main recruiters.

8. NMIMS (Narsee Monjee Institute of Management Studies), Mumbai

Exam AcceptedNMAT
Courses OfferedMBA
FeesINR 2.1 – 44 Lakhs
Avg placementINR 26.63 Lakhs

NMIMS is located in Mumbai and is one of India’s top private business schools. It was established in 1981. NMIMS initially began as a business school and has expanded its campuses in cities like Bangalore, Hyderabad, Indore, Navi Mumbai, and Shirpur.  NMIMS conducts its entrance test called NMAT. They offer marketing, finance, and HR as the main specializations. The main programs they offer are MBA and MBA executive. NMIMS has become a well-reputed institution in India for management and professional education. HDFC Bank, SBI Life Insurance, and DHL Express are the top recruiters.

9. MICA Ahmedabad

Exam AcceptedMICAT, CAT, XAT, GMAT
Courses offeredPGDM/PGDM-C
FeesINR 26 Lakhs
Avg PlacementINR 20.09 LPA

This institute was established in 1991. MICA has built a unique reputation for mixing creativity with management education. They offer specialized programs in Marketing, Branding, and Digital Transformation. The main programs they offer are PGDM-C and PGDM.  MICA has become one of India’s top choices for students aspiring to build impactful careers in creative business fields. Safari, Amazon, Amul, and Deloitte are some of the main recruiters.

10. ISB

Exam AcceptedGMAT
Courses OfferedPGPM
FeesINR 18.65 – 24.72 Lakhs
Avg PlacementINR 33 LPA

This institute was established in 2001 in Hyderabad and Mohali.  They suddenly gained a reputation for offering top-tier MBA programs and have a strong focus on leadership, innovation, and entrepreneurship. ISB has quickly become one of the leading business schools in Asia. They are known for their rigorous, globally oriented curriculum, and ISB attracts students from diverse professional backgrounds.  ABP News Network Pvt Ltd, Accenture Solutions Pvt Ltd, and Adani Group are some of the main recruiters.

Conclusion:

Choosing the right MBA college is a crucial step toward a successful career in management. The top 10 premier MBA colleges beyond IIMs offer world-class education, excellent faculty, and outstanding placement opportunities. Whether you’re looking for a strong ROI, global exposure, or specialized programs, these institutions provide everything you need to achieve your professional goals.

To explore these colleges in detail and get personalized guidance for your MBA journey, visit GuideMe Education. With expert advice and support, we ensure you make the best decision for a bright future. Start your journey to success today!

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