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Top 25 MBA Colleges In India

Top MBA Colleges in India 2024 with Rankings and Fees

An MBA is one of the most popular degrees for students who want to build a strong career in business and management. India is home to some of the best MBA colleges that provide quality education, industry connections, and excellent career opportunities. Choosing the right college is very important as it can shape your future and help you achieve your career goals.

In this blog, we have listed the Top 25 MBA Colleges in India known for their quality education, experienced teachers, and great placements. Whether you are interested in finance, marketing, or starting your own business, these colleges can help you succeed. Let’s explore the list!

1. Indian Institute of Management (IIM) Ahmedabad:

It is, without a doubt, IIMA is the best business school in India and ranks first in India and it is also in the top several positions in the global ranking. It was established in 1961; as a two-year full-time MBA program – the Post Graduate Program in Management (PGPM). A rigorous curriculum, awesome faculty, and vast alumni network are the reasons behind becoming the dream institute for many aspiring MBAs.

Location: Ahmedabad, Gujarat

Admission: CAT (Common Admission Test)

Average Salary: INR 34.36 LPA

Highest Package: INR 54.8 LPA

Programs Offered: MBA

Course Fee: 25 Lakhs

2. Indian Institute of Management (IIM) Bangalore:

IIMB is known for its excellent academic and cutting-edge research in management. In terms of its diverse and global outlook, the institution is known for its massive offerings that include the flagship MBA, Executive MBA, and other specialized programs. Grads go far, boasting one of the best return-on-investment (ROI) in India, with grads successfully making their way into many sectors across the globe.

Location: Bangalore, Karnataka

Admission: CAT

Average Salary: INR 35.92 LPA

Highest Package: 1 Crore Per Annum

Programs Offered: PGP / MBA

Course Fee: 24.5 lakh

3. Indian Institute of Management (IIM) Calcutta:

IIM Calcutta is India’s first and one of the world’s leading business schools, founded in 1961. Some of India’s best business leaders have come out of the institution. IIM Calcutta, which is known for its finance and quantitative analysis, is considered the best place for those who want to pursue careers in investment banking, consulting, and all Financial Service sectors.

Location: Kolkata, West Bengal

Admission: CAT

Average Salary: INR 26 LPA

Highest Package: 42.5 LPA

Programs Offered: MBA

Course Fee: 31 Lakhs

4.  Indian Institute of Management (IIM) Lucknow:

IIM Lucknow is among the top MBA institutions in India, based on rigorous academic pursuits, a strong faculty, and a very strong placement record. The institution offers several programs such as PGPM, and Executive MBA. As a management educator and researcher, it has a huge reputation and links with both the public and private sectors.

Location: Lucknow, Uttar Pradesh

Admission: CAT

Average Salary: INR 30 LPA

Highest Package: 1.23 Crore

Programs Offered: PGP / MBA

Course Fee: 19.25 lakhs

5. Indian Institute of Management(IIM), Kozhikode:

IIM Kozhikode is popular for its high-value teaching and innovative management education. IIMK is famous for its picturesque campus and global exposure and hence provides full-time as well as executive MBA. Sustainability, the development of entrepreneurship, and leadership development are the institution’s focus.

Location: Kozhikode, Kerala

Admission: CAT

Average Salary: INR 29.9 LPA

Highest Package: 72.02 LPA

Programs Offered: PGP/ MBA

Course Fee: 22.50 lakhs

6. XLRI Xavier School of Management, Jamshedpur:

One of the top business schools in India, XLRI, Jamshedpur offers management programs, Business Ethics, and Human Resources. XLRI is known for its value-based education and responsible leadership for which it has produced the best of management professionals.

Location: Jamshedpur, Jharkhand

Admission: XAT (Xavier Aptitude Test)

Average Salary: INR 29.89 LPA

Highest Package: 75 LPA

Programs Offered: PGDM

Course Fee: 4 Lakhs to 58.84 Lakhs

7. Indian Institute of Management (IIM) Indore:

Being one of the younger IIMs, IIM Indore quickly gained prominence because of its fine academics, latest facilities, and modern teaching method. It is famous for its involvement in leadership development and entrepreneurship.

Location: Indore, Madhya Pradesh

Admission: CAT

Average Salary: INR 18 LPA

Highest Package: 1 crore per annum

Programs Offered: MBA / PGDM

Course Fee: 17 Lakhs to 35 Lakhs

8. Indian Institute of Management (IIM) Shillong:

IIM Shillong is famous for its tranquility and global approach to management and is known for its dynamic MBA program. The enrichment of leadership, management skills, and social responsibility are the distinctive features of the institution.

Location: Shillong, Meghalaya

Admission: CAT

Average Salary: INR 5-6 LPA

Highest Package: 71.50 LPA

Programs Offered: PGP or MBA

Course Fee: 12 Lakhs

9. Indian School of Business (ISB), Hyderabad:

The ISB is an elite private sector business school with campuses in Hyderabad and Mohali. ISB, known for its one-year MBA is a great college for professionals who want to advance their careers quickly. Strong industry ties and robust international exposure are offered by the school.

Location: Mohali, Punjab, and Hyderabad in Telangana.

Admission: GMAT

Average Salary: INR 33.26 LPA

Highest Package: 48.83 LPA

Programs Offered: MBA / PGDM

Course Fee: 41.78 Lakhs

10. SP Jain Institute of Management and Research (SPJIMR), Mumbai:

SP Jain Institute of Management and Research Mumbai-based SPJIMR is considered one of the top-notch management schools in India. Educated for its leadership, ethical business practices, and management programs, SPJIMR has a Post Graduate Program in Management (PGPM) and Executive MBA.

Location: Mumbai, Maharashtra

Admission: CAT, GMAT

Highest Package: 81 LPA

Average Package: 33 LPA

Programs Offered: PGDM

Course Fee: 9.5 lakhs to 24 lakhs

11. Faculty of Management Studies (FMS), Delhi University:

FMS is one of the biggest and oldest management schools in the country. High quality of faculty and industry interaction and also affordability are the top points that make FMS stand out on campus, in terms of MBA options in India.

Location: New Delhi

Admission: CAT

Average Salary: INR 34.1 LPA

Highest Package: 1.23 Crore per annum

Programs Offered: MBA

Course Fee: 2 Lakhs

12. Management Development Institute (MDI), Gurugram:

MDI is a school, based in Gurgaon, India, that is one of the best business schools in India. High-quality management education, coupled with a strong corporate network, is one of the most coveted choices for an MBA aspirant.

Location: Gurgaon, Haryana

Admission: CAT

Average Salary: INR 25.5 Lakhs per annum

Highest Package: 63.3 Lakhs

Programs Offered: PGDM and FPM

Course Fee: 8.25 to 26 Lakhs

13. Jamnalal Bajaj Institute of Management Studies (JBIMS):

Mumbai is based on the oldest and the most prestigious business schools in India. MBA programs at the institute are known to be very competitive as well as tightly linked to the finance and consulting industry.

Location: Mumbai, Maharashtra

Admission: CAT, MAH CET

Average Salary: INR 26.12 LPA

Highest Package: 87.12 LPA

Programs Offered: MMS and MHRD

Course Fee: Up to 7 Lakhs

14.IIM Mumbai / Don Bosco National Institute of Industrial Engineering (NITIE):

A member of the Indian Institute of Technology system, NITIE is based in Mumbai and enjoys a reputation for excellence in placement in the fields of operation, supply chain management, and industrial engineering. MBA programs of the institute are widely recognized in the business world.

Location: Mumbai, Maharashtra

Admission: CAT

Average Salary: INR 33.84 LPA

Highest Package: INR 54 LPA

Programs Offered: MBA

Course Fee: 14 Lakhs

15.Indian Institute of Management(IIM),Udaipur :

While the newest IIM, it didn’t take IIM Udaipur long (in the last 10 years) to gain a strong reputation for academic rigor and management education by taking a new path. It is a saver institution that emphasizes sustainability, leadership, and entrepreneurship.

Location: Udaipur, Rajasthan

Admission: CAT

Average Salary: INR 20.02 Lakhs per annum

Highest Package: 47 LPA

Programs Offered: PGP and MBA

Course Fee: 14 Lakhs

16. Symbiosis Institute of Business Management(SIBM) , Pune :

Symbiosis Institute of Business Management Pune is one of the well-reputed private business schools of India. SIBM is known for its excellent academic curriculum, industry collaborations, as well as strong placement record and is one of the hot favorites among MBA aspirants.

Location: Pune, Maharashtra

Admission: SNAP

Average Salary: INR 28.16 LPA

Highest Package: 49 LPA

Programs Offered: MBA and PGDBM

Course Fee: 26.62 Lakhs

17. Institute of Management Technology (IMT), Ghaziabad:

IMT Ghaziabad is one of the leading management institutes in India for providing education in management. The institution provides various management programs as a full-time MBA and Executive MBA on leadership, entrepreneurship, and global business practices.

Location: Ghaziabad, Uttar Pradesh

Admission: CAT, XAT, GMAT

Average Salary: INR 28.51 LPA

Highest Package: 65.60 LPA

Programs Offered: PGDM and FPM

Course Fee: Up to 22 Lakhs

18. The Great Lakes Institute of Management:

Great Lakes has campuses in Chennai and Gurgaon and has a gamut of MBA programs, including a one-year PGPM and a two-year PGDM. As a matter of importance, the institution is based on the principle of innovative leadership, and global positioning experience.

Location: Chennai and Gurgaon, Haryana

Admission: CAT, XAT, GMAT

Average Package: INR 16PA

Highest Package: 39.30 LPA

Programs Offered: PGDM

Course Fee: 20.8 Lakhs

19. Tata Institute of Social Sciences (TISS):

A not-quite conventional business school (if you ask me), Mumbai’s TISS, provides a highly respected MBA program in HR and Social entrepreneurship. For its socially responsible approach to business education, it is known.

Location: Mumbai, Maharashtra

Admission: TISSNET

Average Salary: INR 12 LPA

Highest Package: 49 LPA

Programs Offered: EPGD and MBA

Course Fee: 1.4 Lakhs

20. Birla Institute of Management Technology (BIMTECH):

BIMTECH is situated in Greater Noida and is known for holistic development, leadership, and entrepreneurship. Programs offered by the institute are highly respected by industry and the institute offers a variety of management programs.

Location: Greater Noida, Uttar Pradesh

Admission: CAT, XAT, GMAT

Average Salary: INR 11.10 LPA

Highest Package: 24.43 LPA

Programs Offered: PGDM

Course Fee: 14 Lakhs

21. Lal Bahadur Shastri Institute of Management (LBSIM):

One of the best MBA programs in the country is provided by LBSIM, New Delhi. LBSIM has become a famous name for its focus on professional ethics, leadership, and management skills.

Location: New Delhi

Admission: CAT, XAT, GMAT

Average Package: INR 12.24 LPA

Highest Package: 16.67 LPA

Programs Offered: PGDM

Course Fee: 16.50 Lakhs

22. Chandigarh University Business School (UBS):

At UBS, located in Chandigarh, high-quality management education, emphasis on research, and experiential learning are provided. There are both full-time and executive MBA programs in the institution.

Location: Chandigarh, Punjab

Admission: CAT

Average Package: INR 9.54 LPA

Highest Package: 50 LPA

Programs Offered: MBA/ PGDM

Course Fee: Up to 2.4 Lakhs

23.K J Somaiya Institute of Management Studies and Research:

K J Somaiya Institute is situated in Mumbai. K J Somaiya Institute offers several management programs, including its flagship MBA program, which is located in Mumbai. The institution is globally exposed, has a good corporate network, and puts in good placement for its students.

Location: Mumbai, Maharashtra

Admission: CAT, XAT

Average Package: INR 12.79 LPA

Highest Package: 28.25 LPA

Programs Offered: MBA / PGDM

Course Fee: 18.5 Lakhs

24. International Management Institute (IMI), New Delhi:

IMI Delhi is among the best private B schools in India providing a plethora of management programs that are recognized nationally and internationally. The institute has a strong faculty, a dynamic curriculum, and strong corporate partnerships.

Location: New Delhi

Admission: CAT, XAT, GMAT

Average Salary: INR 16.71 LPA

Highest Package: 70.95 LPA

Programs Offered: MBA / PGDM and FPM

Course Fee: 22 Lakhs

25.Chandigarh University:

Chandigarh University (CU) is a private university located in Mohali, India. The university was established on 10 July 2012 by an act of the Punjab State Legislature. Chandigarh University has a reputation for its MBA programs featuring innovation, entrepreneurship, and leadership. It is more known for its state of art facilities and good industry linkages.

Location: Chandigarh

Admission: CU-CET, CUET-PG

Average Salary: INR 7.62 LPA

Highest Package: 54.75 LPA

Programs Offered: MBA

Course Fee: 5 to 7.6 Lakhs

Finding the Right MBA College

An MBA from a top college can open doors to amazing career opportunities. It’s a stepping stone to success, but choosing the right college is just as important as earning the degree. The right institution should match your career goals, interests, and skills to help you achieve your ambitions.

Making this choice can be challenging, but you don’t have to do it alone. Guide Me Education Services LLP is here to help. With expert advice and personalized guidance, we’ll assist you in finding the best MBA college that fits your goals. From career counseling to college recommendations and application support, we’re with you every step of the way.

Take the next big step in your career confidently. Visit https://www.guidemeeducation.in/ and let us guide you to success!

15 thoughts on “Top 25 MBA Colleges In India”

    1. Great institutes but on the same side we need get atleast 99%ile….to get into those prestigious institutions

  1. This article provides a comprehensive overview of the top MBA colleges in India, highlighting their rankings, fees, and key features. It’s particularly useful for potential students who are trying to navigate their options for pursuing an MBA. The blend of various ranking systems, such as NIRF and other reputable sources, adds credibility and offers valuable insights into the quality of education and placement opportunities at these institutions. Additionally, the emphasis on factors like infrastructure, faculty quality, and alumni success further aids students in making informed decisions about where to invest their education. Overall, a very informative resource for anyone looking to pursue an MBA in India.

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