To study in the best MBA college in the country is the desire of every Indian student and working professionals. Maybe you too are planning to take admission to MBA College but are confused about where to go or for which college you can aim. We have brought you the 10 best MBA colleges in India which are known for their quality of education and curriculum.
MBA (Masters of Business Administration) is the most popular and ubiquitous Post-graduation course in India. There are over 6000 colleges in the country that offers this course in various specialization field. There are many specialized fields in which you can pursue MBA like Human resources, Marketing management, Finance, Hospitality Management, Business Analytics, etc.
CAT (Common Admission Test) is the most popular entrance exam for almost every MBA college, but there are some MBA colleges that organize their separate entrance for admission purposes. Since you are an aspirant of MBA you must have heard about IIMs they select students on the basis of score of the CAT exam. Every year 2 lakh students appear for CAT and only a fraction of students get selected in IIMs and top MBA institutes.
There are many prestigious MBA colleges in the country that differ from other B-schools on the basis of faculties, courses offerings, specialization courses, teaching, Quality of education, and the most important placement. Top B-schools have a higher percentage of placement and a higher average salary comparatively. If you want to pursue MBA then study hard to score high in CAT & other entrance exams and aim for the top B-schools as it will be fruitful for your professional career. you can also learn digital marketing as your side hustle that will give you a wonderful edge in your career.
Here’s a list of Top 10 MBA Colleges in India
1. IIM Ahmedabad
IIM Ahmedabad is the most respected B-school of India known for its quality of education as compared to other MBA colleges. It is ranked as the no.1 Management college, established in 1961 in Ahmedabad, Gujarat. It offers several programs like PGP, Executive MBA, 1 year MBA, Ph.D., and other MBA Courses.
Errol D’souza is the current director of IIM Ahmedabad. It is an autonomous institute managed by IIMA society.
Fees: Rs. 23,00,000
Average Salary: Rs. 26 LPA
Entrance Exam: CAT/GMAT
2. IIM Banglore
IIM Bangalore holds the second rank in this list of top MBA colleges in India. Established in 1973, IIM Bangalore is located in the heart of the Information Technology hub of India, Banglore, Karnataka. It is the third IIM established after IIM Ahmedabad and IIM Calcutta. IIM Banglore offers a wide range of programs including MBA programs, Executive Management Education, Doctoral and Certificate programs. The MBA program is the flagship of IIM Banglore.
Fees: Rs. 23,20,000
Average Salary: Rs. 25 LPA
Entrance Exam: CAT/GMAT
3. IIM Calcutta
IIM Calcutta holds the third position among other MBA colleges of India located in Joka, Kolkata, West Bengal. IIM Calcutta was the first Indian Institute of Management established by the government in 1961. It has been recognized as the most reputed B-schools because of its high-quality education.
Courses offered: Two-year full-time MBA, one-year MBA for experienced executives, postgraduate & doctor level programs, Research & consulting activities, and several other management courses.
Fees: Rs. 27,00,000
Average Salary: Rs. 27,90,000 per annum
Entrance Exam: CAT/GMAT
4. XLRI (Xavier School of Management)
XLRI (Xavier School of Management) is the topmost Private management institute in India. It is located in ‘steel city’ Jamshedpur, Jharkhand. It is one of the oldest among other MBA colleges established in 1949 and it has over 15000 alumni who are spread across the world and holds some of the top positions in large corporations and companies.
Courses offered: Two-year MBA programs, Postgraduate Diploma in Business Management (PGDBM), Postgraduate Diploma In Human Resource Management (PGDHRM), Doctoral level Fellowship program for working executives, and various other management courses as offered by other MBA colleges.
Fees: Rs. 20,00,000
Average Salary: Rs. 24,30,000 per annum
Entrance Exam: XAT/CAT/GMAT
5. SPJIMR, Mumbai
SP Jain Institute of Management and Research is an eminent school of Management located in Mumbai, Maharashtra. It is a private business school affiliated with Bhartiya Vidya Bhawan. SPJIMR was established in 1981 and inaugurated by British Prime Minister Margaret Thatcher’. It has more than 7000 alumni and they call it SPAN (SPJIMR alumni network).
Courses offered: Postgraduate Diploma in Management (PGDM), Postgraduate Program in Management (PGPM), Executive Management Program, FPM, and several management programs offered by MBA colleges.
Fees: Rs. 17,50,000
Average Salary: Rs. 22,00,000 per annum
Entrance Exam: XAT/CAT/GMAT
6. IIM Indore
IIM Indore is the sixth Institue of Management in the family of other Management schools and MBA colleges. It was established in 1996 and recognized as one of the finest public business schools in the country. It is located in the cleanest city of India that is Indore.
Courses offered: Post Graduate Program in Management (PGP): two-year full-time MBA Program, Executive Post Graduate Program in Management ( EPGP): one-year full-time residential Executive MBA program, Faculty Development Program, Post Graduate Program in Human Resource Management (PGPHRM), and other Management Program.
Fees: Rs. 16,00,000
Average Salary: Rs. 20,79,000 per annum
Entrance Exam: CAT/GMAT
7. ISB (Indian School of Business)
ISB (Indian School of Business) is a private Management college established in 2001. It is located in Hyderabad, Telangana. It has one of the most outstanding faculty and extraordinary education. It was started by a group of businessmen and companies. ISB offers Post Graduation Programs in Management. It is one of the finest MBA colleges among other private colleges of India.
Fees: Rs. 24,54,000
Average Salary: Rs. 24,35,000 per annum
Entrance Exam: GMAT/ GRE
8. IIM Lucknow
IIM Lucknow is another prestigious Management school in India. It was the fourth in the family of the Indian Institute of Management established in 1984 by the government of India in Lucknow, Uttar Pradesh. IIM Lucknow has received recognition of the “Institute of Excellence” from the Ministry of Human Resource Development of India.
Courses offered: Two-year PGP, International Program in management for Executive, One-year full-time Residential Program, and other Management courses.
Fees: Rs. 14,16,000
Average Salary: Rs. 24,25,000 per annum
Entrance Exam: GMAT/ CAT
9. FMS Delhi
Faculty of Management Studies (FMS) is one of the leading MBA colleges in India. It is affiliated with the University of Delhi. Established in 1954 it is one of the oldest management schools located in Delhi. FMS Delhi is also known as the “Red Building of Dreams”. The main thing that differentiates FMS from other top business schools is its low Fee structure despite keeping high-quality education and higher placement opportunities.
Courses offered: Full-time MBA, Executive MBA, and other Doctoral & Management Program.
Fees: Rs. 1,92,000
Average Salary: Rs. 23,20,000 per annum
Entrance Exam: GMAT/ CAT
10. IIFT New Delhi
Indian Institute of Foreign Trade is one of the best management institutes in India that provides specialization MBA in International Business. It was established in 1963 by the government of India to arm its students with the knowledge of the external trade sector of India. This institute is best suitable for people who want to learn about the import and export of goods across nations.
Courses offered: Two-year MBA in International Business(IB), Two-year full-time MA in Economics (With specialization in Finance and Trade), Part-time / Full-time Doctoral Program, Executive Post Graduate Diploma in IB.
Fees: Rs. 17,25,000
Average Salary: Rs. 18,00,000 per annum
Entrance Exam: GMAT/ IIFT
