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Top 10 MBA Colleges in INDIA: Choose The Best
Delving into the crux of India's elite business education landscape, offering insights and detailed analyses of the top MBA institutions in the country. Whether you're a prospective student seeking a transformative educational journey or a professional aiming to elevate your career trajectory, this is your gateway to understanding what the best MBA colleges in India have to offer. From academic excellence to unparalleled networking opportunities, we uncover each institution's unique strengths, helping you make an informed decision about where to embark on your next academic venture.
Whether you're a fresh graduate aiming to climb the corporate ladder, or a seasoned professional looking to enhance your managerial skills, our expertly curated list of the top MBA colleges in India is your first step towards achieving your dreams. Join us as we explore each of these institutions, examining their unique strengths, academic culture, and the opportunities they offer, ensuring you make an informed decision about where to embark on your transformative journey in business education.
As the pursuit of a Master in Business Administration (MBA) continues to be a coveted milestone for aspiring business leaders and entrepreneurs, the choice of the right institution becomes a crucial decision. India, renowned for its academic rigor and diverse educational landscape, hosts some of the world's most prestigious MBA colleges.In this blog, we dive deep into the top MBA colleges in India.
MBA Colleges in India
Program Duration
Tuition Fees
Average Salary
Indian Institute of Management, Ahmedabad
2 year
₹26,00,000
₹36,00,000
Indian Institute of Management, (IIM) Bengaluru
2 year
₹24,00,000
₹35,00,000
Indian Institute of Management, (IIM) Calcutta
2 year
₹25,00,000
₹35,00,000
Indian Institute of Management, (IIM) Lucknow
2 year
₹20,25,000
₹24,25,000
Faculty of Management Studies, University of Delhi, Delhi
2 year
₹2,00,000
₹31,00,000
Indian Institute of Management, (IIM) Kozhikode
2 year
₹20,50,000
₹22,50,000
National Institute of Industrial Engineering (NITIE), Mumbai
2 year
₹21,00,000
₹27,00,000
Shailesh J Mehta School of Management, Indian Institute of Technology (IIT), Mumbai
2 year
₹8,00,000
₹28,00,000
Indian Institute of Foreign Trade (IIFT), New Delhi
2 year
₹19,00,000
₹20,00,000
Jamnalal Bajaj Institute of Management Studies, Mumbai
Among the top MBA colleges in India are the Indian Institutes of Management (IIMs), located in various cities such as Ahmedabad, Bangalore, and Calcutta. These IIMs are often at the forefront, setting benchmarks in management education. Besides the IIMs, there are other notable institutions like the Indian School of Business (ISB), Faculty of Management Studies (FMS), and XLRI Jamshedpur, each with its unique strengths and specializations.
1.) Indian Institute of Management, Ahmedabad
Established in 1961, IIMA is consistently ranked as one of the top business schools in India. It is renowned for its rigorous two-year Post Graduate Program (PGP) in management, which is equivalent to an MBA. The institute is known for its case-study based teaching method and strong focus on research. Its flagship PGP program is a crucible where future business leaders are forged, blending traditional management concepts with contemporary business practices.
Aceepted Exam
CAT, GATE
Graduation score
50%
10+2 score
70%
Mode of study
Full-Time/ Residential/ Working Professionals
Admission status 2024
Applications Open
2.) Indian Institute of Management, Bangalore
IIM Bangalore, founded in 1973, stands out for its excellence in education and research in management. IIMB offers a range of post-graduate and doctoral level courses and is famous for its strong emphasis on leadership and entrepreneurship.With a legacy of excellence, IIMB is a hub for aspiring entrepreneurs and leaders. It is distinguished by its focus on leadership and innovation, preparing students to excel in a rapidly changing global business environment.
Aceepted Exam
CAT
Graduation score
50%
10+2 score
70%
Mode of study
Full-Time/ Residential/ Working Professionals
Admission status 2024
Ongoing
3.) Indian Institute of Management, Calcutta
Established in 1961 as the first national institute for post-graduate studies and research in management, IIM Calcutta is known for its finance-related courses and strong industry connections, particularly in the finance and consulting sectors. Known for its finance and consulting acumen, IIMC offers an unparalleled blend of theoretical knowledge and practical application, making it a favorite among top recruiters.
Aceepted Exam
CAT
Graduation score
50%
10+2 score
60%
Mode of study
Full-Time/Part-Time/Online
Admission status 2024
Open
4.) Indian Institute of Management, Lucknow
IIM Lucknow, founded in 1984, is recognized for its rigorous curriculum and excellent faculty. It offers programs in post-graduate, doctoral, and executive education, and is particularly noted for its emphasis on ethics and responsible leadership.IIML stands out for its commitment to ethical leadership and responsible management practices, shaping individuals who are not just business-savvy but also socially responsible.
Aceepted Exam
CAT, GMAT, NTA, CUET-PG
Graduation score
50%
10+2 score
60%
Mode of study
Full-Time
Admission status 2024
Open
5.) Faculty of Management Studies, University of Delhi
Established in 1954, FMS is one of the oldest business schools in India. It offers full-time MBA, doctoral programs, and executive education. Known for its quality education and affordable fees, FMS boasts of a high return on investment for its courses.FMS combines academic rigor with affordability, offering one of the best returns on investment for MBA education in India. It is known for producing leaders who excel in diverse business environments.
Aceepted Exam
CAT
Graduation score
50%
10+2 score
60%
Mode of study
Full-time
Admission status 2024
Application Open
6.) Indian Institute of Management, Kozhikode
Founded in 1996, IIM Kozhikode stands out for its emphasis on diversity and globalization. It offers post-graduate, doctoral, and executive education programs and is known for its interactive teaching methods and beautiful campus.IIMK has made a mark with its emphasis on diversity and global perspectives, offering a unique learning experience that equips students to thrive in a globalized business world.
Aceepted Exam
CAT/ GMAT/ GRE
Graduation score
50%
10+2 score
60%
Total Tuition Fees
20,50,000
Mode of study
Full-time/ Regular
Admission status 2024
Applications Open
7.) National Institute of Industrial Engineering, Mumbai
NITIE, established in 1963, specializes in Industrial Engineering, Supply Chain Management, and Operational Efficiency. It offers post-graduate diplomas and fellow programs and is particularly popular among students interested in manufacturing and operations.For those inclined towards operations and supply chain management, NITIE offers specialized knowledge and skills, making it a top choice for students interested in these domains.
Aceepted Exam
CAT
Graduation score
50%
10+2 score
60%
Mode of study
Regular/ Full-Time
Admission status 2024
Open
8.) Shailesh J Mehta School of Management, Indian Institute of Technology, Mumbai
Founded in 1995, it integrates management education with technical expertise of IIT Bombay. Known for its MBA program, the school focuses on technology management and data-driven decision making.This school stands at the intersection of technology and management, offering insights into managing technological enterprises and innovations.
Aceepted Exam
CAT
Graduation score
60%
10+2 score
70%
Mode of study
Full-time/ Regular
Admission status 2024
Opening Soon
9.) Indian Institute of Foreign Trade (IIFT), New Delhi
Established in 1963 by the Government of India, IIFT is known for its MBA in International Business program. It is one of the few institutes specializing in international trade and business.IIFT remains unrivaled in its focus on international business, preparing students to excel in the global trade and corporate sector.
Aceepted Exam
CAT
Graduation score
50%
10+2 score
60%
Mode of study
Full-time/Part-time/Online
Admission status 2024
Opening Soon
10.) Jamnalal Bajaj Institute of Management Studies, Mumbai
Founded in 1965, JBIMS is one of the oldest business schools in Mumbai. It is known for its Masters in Management Studies (MMS) program and strong alumni network in the Indian corporate sector.JBIMS,stays as top MBA colleges in India with its strong ties to the Indian corporate world, offers practical insights and networking opportunities, making it a coveted institution for aspiring business leaders.
Aceepted Exam
CAT
Graduation score
50%
10+2 score
60%
Mode of study
Full-time/Part-time/Online
Admission status 2024
Opening Soon
Conclusion
In conclusion, the landscape of MBA education in India is both diverse and dynamic, shaped by the prestigious institutions that make up the top MBA colleges in INDIA . Each of these institutions, offer a unique blend of academic rigor, practical experience, and industry exposure.For anyone considering an MBA, these institutions represent the pinnacle of management education in Indiaknown as top MBA colleges in India.
Know Your Author
Rohit Rajaram
Study Abroad Expert
Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience.
Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers.
As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates.
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What criteria are used to rank the top 10 MBA schools in India?
The ranking of the top 10 MBA schools in India is based on several key criteria, including academic excellence, faculty quality, placement records, infrastructure, student satisfaction, and global exposure. These factors ensure that the institutions not only provide outstanding education but also prepare students for successful careers in the business world.
Can international students apply to these top MBA schools in India?
Yes, international students can apply to the top MBA schools in India. Most of these institutions have specific quotas and streamlined admission processes for international applicants, including acceptance of GMAT scores and provision of English language support. Prospective international students should check the specific admission requirements and procedures on the websites of their schools of interest.
What are the typical entrance exams required for admission to these schools?
Admission to the top MBA schools in India typically requires scores from entrance exams such as the Common Admission Test (CAT), the Graduate Management Admission Test (GMAT), or the Xavier Aptitude Test (XAT), among others. Each school may have its preferred tests, so it's essential to verify the requirements of each institution.
Are there any scholarships available for MBA students at these institutions?
Yes, most top MBA schools in India offer a range of scholarships and financial aid options to deserving students. These may include merit-based scholarships, need-based financial aid, scholarships for women and underrepresented groups, and corporate-sponsored scholarships.
How do the placement records of these top MBA schools compare?
The top MBA schools in India boast impressive placement records, with graduates securing positions in leading national and international corporations across various sectors. Placement success rates, average salary packages, and the diversity of recruiters vary from school to school but are generally high across these top institutions.