There are more than 300 MBA Colleges in India but not all are worth doing MBA. It depends on the reason for pursuing an MBA. If you are looking for decent placement opportunities after the course completion then the list contracts to 100 only. By decent or good placement opportunities, we mean an average salary of more than Rs. 6 LPA. The MBA Colleges or B-schools in India can be broadly divided into the following categories:
- IIMs – Indian Institute of Management
- Non-IIMs
There are 21 IIMs in India that can be further differentiated as Old IIMs, New IIMs and Baby IIMs.
The Non-IIMs has further differentiation into a different league of colleges as follows:
- MBA/PGDM colleges under brands like Xavier, IMT, MDI, IIFT, NMIMS, ISB, Symbiosis, Great Lakes, etc.
- MBA Colleges under universities like Pune University, Mumbai University, etc.
- IITs and NITs institutes that provide MBA program
IIM MBA Colleges in India
| MBA College | Programs Offered | Fees (Approx.) | Average Salary (Approx.) | Cut-off (Approx.) |
|---|---|---|---|---|
| IIM Ahmedabad | PGP, PGPX | ₹23 Lakh | ₹36 Lakh | 99+ percentile |
| IIM Bangalore | PGP, EPGP | ₹24 Lakh | ₹33 Lakh | 99+ percentile |
| IIM Calcutta | PGP, PGPEX | ₹23 Lakh | ₹35 Lakh | 99+ percentile |
| IIM Lucknow | PGP, IPMX | ₹21 Lakh | ₹31 Lakh | 97+ percentile |
| IIM Indore | PGP, EPGP | ₹18 Lakh | ₹26 Lakh | 97+ percentile |
| IIM Kozhikode | PGP, EPGP | ₹20 Lakh | ₹29 Lakh | 95+ percentile |
| IIM Shillong | PGP, PGDM | ₹16 Lakh | ₹23 Lakh | 90+ percentile |
| IIM Rohtak | PGP, IPM | ₹17 Lakh | ₹16 Lakh | 95+ percentile |
| IIM Ranchi | PGP, PGDHRM | ₹16 Lakh | ₹16 Lakh | 94+ percentile |
| IIM Raipur | PGP, EPGP | ₹16 Lakh | ₹19 Lakh | 94+ percentile |
| IIM Trichy | PGP, PGPM | ₹18 Lakh | ₹17 Lakh | 94+ percentile |
| IIM Udaipur | PGP, PGDGM | ₹17 Lakh | ₹20 Lakh | 94+ percentile |
| IIM Kashipur | PGP, EPGPM | ₹15 Lakh | ₹18 Lakh | 93+ percentile |
| IIM Visakhapatnam | PGP, PGPDGM | ₹14 Lakh | ₹16 Lakh | 92+ percentile |
| IIM Bodh Gaya | PGP | ₹13 Lakh | ₹14 Lakh | 92+ percentile |
| IIM Sambalpur | PGP | ₹13 Lakh | ₹12 Lakh | 92+ percentile |
| IIM Sirmaur | PGP | ₹13 Lakh | ₹14 Lakh | 92+ percentile |
| IIM Jammu | PGP | ₹14 Lakh | ₹16 Lakh | 92+ percentile |
| IIM Amritsar | PGP | ₹14 Lakh | ₹16 Lakh | 92+ percentile |
| IIM Nagpur | PGP | ₹16 Lakh | ₹17 Lakh | 94+ percentile |
| IIM Mumbai (Formerly NITIE Mumbai) | PGDIM, PGDIE | ₹15 Lakh | ₹25 Lakh | 97+ percentile |
Top Non-IIMs Colleges in India
| MBA College | Programs Offered | Fees (Approx.) | Average Salary (Approx.) | Cut-off (Approx.) |
|---|---|---|---|---|
| Faculty of Management Studies (FMS), Delhi | MBA, MBA-Executive | ₹2 Lakh | ₹34 Lakh | 99+ percentile |
| XLRI Jamshedpur | PGDM (BM), PGDM (HRM) | ₹28+ Lakh | ₹32+ Lakh | 95+ percentile |
| SP Jain Institute of Management & Research (SPJIMR), Mumbai | PGDM, GMP | ₹20 Lakh | ₹32 Lakh | 95+ percentile |
| Management Development Institute (MDI), Gurgaon | PGDM, PGDM-HRM | ₹24 Lakh | ₹26 Lakh | 95+ percentile |
| Institute of Management Technology (IMT), Ghaziabad | PGDM | ₹20 Lakh | ₹17 Lakh | 90+ percentile |
| Mudra Institute of Communications (MICA), Ahmedabad | PGDM-C | ₹21 Lakh | ₹20 Lakh | 80+ percentile (CAT/XAT) |
| Indian Institute of Foreign Trade (IIFT), Delhi | MBA-IB | ₹21 Lakh | ₹29 Lakh | 95+ percentile |
| Symbiosis Institute of Business Management (SIBM), Pune | MBA, MBA-I&E | ₹20 Lakh | ₹23 Lakh | 98+ percentile (SNAP) |
| Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | MBA, MBA-HR | ₹22 Lakh | ₹20 Lakh | 210+ (NMAT score) |
| Tata Institute of Social Sciences (TISS), Mumbai | MA (HRM & LR) | ₹3 Lakh | ₹22 Lakh | 75+ percentile (TISSNET) |
| Indian School of Business (ISB), Hyderabad | PGP | ₹41 Lakh | ₹34 Lakh | 710+ (GMAT) |
| Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | MMS | ₹7 Lakh | ₹26 Lakh | 99.95+ percentile (MBA-CET) |
| Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay | MBA | ₹11 Lakh | ₹27 Lakh | 95+ percentile |
| Department of Management Studies (DMS), IIT Delhi | MBA | ₹10 Lakh | ₹22 Lakh | 95+ percentile |
| Vinod Gupta School of Management (VGSoM), IIT Kharagpur | MBA | ₹10 Lakh | ₹19 Lakh | 90+ percentile |
| Department of Management Studies (DoMS), IIT Madras | MBA | ₹10 Lakh | ₹16 Lakh | 90+ percentile |
| Institute of Rural Management Anand (IRMA), Gujarat | PGDM (Rural Management) | ₹15 Lakh | ₹15 Lakh | 80+ percentile |
| International Management Institute (IMI), Delhi | PGDM | ₹19 Lakh | ₹15 Lakh | 90+ percentile |
| Goa Institute of Management (GIM), Goa | PGDM | ₹18 Lakh | ₹12 Lakh | 85+ percentile |
| K J Somaiya Institute of Management, Mumbai | MBA | ₹18 Lakh | ₹10 Lakh | 85+ percentile |
| FORE School of Management, Delhi | PGDM | ₹16 Lakh | ₹14 Lakh | 85+ percentile |
| Great Lakes Institute of Management, Chennai | PGDM | ₹18 Lakh | ₹17 Lakh | 85+ percentile |
| TAPMI, Manipal | PGDM | ₹18 Lakh | ₹14 Lakh | 85+ percentile |
| Xavier Institute of Management (XIMB), Bhubaneswar | MBA-BM | ₹20 Lakh | ₹18 Lakh | 90+ percentile |
| Symbiosis Institute of Operations Management (SIOM), Nashik | MBA | ₹14 Lakh | ₹10 Lakh | 85+ percentile |
MBA Colleges Accepting XAT Scores
| MBA College | Seats | Fees (INR) | Average Salary (INR) | Cut-off (XAT Percentile) |
|---|---|---|---|---|
| XLRI Jamshedpur | 360 | 28+ Lakhs | 32.7 LPA | 95+ |
| Xavier Institute of Management, Bhubaneswar (XIMB) | 360 | 20+ Lakhs | 19.53 LPA | 90+ |
| Great Lakes Institute of Management, Chennai (GLIM) | 240 | 19.25 Lakhs | 15.1 LPA | 85+ |
| Institute of Management Technology (IMT), Ghaziabad | 600 | 19.53 Lakhs | 17.35 LPA | 90+ |
| Goa Institute of Management (GIM) | 240 | 18.34 Lakhs | 14.6 LPA | 85+ |
| MICA, Ahmedabad | 180 | 21 Lakhs | 20 LPA | 80+ |
| International Management Institute (IMI), Delhi | 240 | 19.25 Lakhs | 17.01 LPA | 90+ |
| Institute of Rural Management Anand (IRMA) | 240 | 15.17 Lakhs | 15.5 LPA | 85+ |
| FORE School of Management, Delhi | 300 | 16.98 Lakhs | 14.3 LPA | 85+ |
| TAPMI, Manipal | 420 | 16 Lakhs | 12.6 LPA | 85+ |
| KJ Somaiya Institute of Management, Mumbai | 600 | 20.44 Lakhs | 14.9 LPA | 85+ |
| Loyola Institute of Business Administration (LIBA), Chennai | 180 | 17.37 Lakhs | 10 LPA | 80+ |
| Xavier Institute of Social Service (XISS), Ranchi | 300 | 11 Lakhs | 6 LPA | 70+ |
| BITS Pilani – Department of Management | 120 | 13.82 Lakhs | 12.5 LPA | 80+ |
| Welingkar Institute of Management Development & Research (WeSchool), Mumbai | 600 | 13 Lakhs | 8.75 LPA | 80+ |
| Xavier Business School (XBS), Kolkata | 180 | 10.76 Lakhs | 7.5 LPA | 75+ |
| IFMR Graduate School of Business, Krea University | 180 | 13.86 Lakhs | 10 LPA | 75+ |
| Jaipuria Institute of Management, Noida | 180 | 10.45 Lakhs | 7.5 LPA | 70+ |
| Great Lakes Institute of Management, Gurgaon | 180 | 19.25 Lakhs | 12.1 LPA | 85+ |
MBA Specializations
| Marketing | Finance | Operations |
| Human Resources | Health Care Management | Retail Management |
| Rural Management | Business Analytics | IT Systems |
| International Business | General Management | Pharma Management |
MBA Colleges accepting SNAP scores
| MBA College | Seats | Fees (INR) | Average Salary (INR) | Cut-Off (Percentile) |
|---|---|---|---|---|
| SIBM Pune | 180 | 23.32 Lakh | 26.77 Lakh | 97+ |
| SCMHRD Pune | 180 | 22.35 Lakh | 24 Lakh | 96+ |
| SIIB Pune | 120 | 16.09 Lakh | 13.45 Lakh | 93+ |
| SIBM Bengaluru | 180 | 20.70 Lakh | 15.96 Lakh | 90+ |
| SIOM Nashik | 120 | 14.5 Lakh | 12.29 Lakh | 85+ |
| SIMS Pune | 300 | 12.80 Lakh | 11.5 Lakh | 80+ (Defence Category) |
| SIBM Hyderabad | 120 | 16.31 Lakh | 10.47 Lakh | 75+ |
| SITM Pune | 90 | 15.60 Lakh | 11.20 Lakh | 80+ |
| SIMC Pune | 60 | 15.25 Lakh | 6.5 Lakh | 75+ |
| SIHS Pune | 90 | 9.2 Lakh | 8.5 Lakh | 70+ |
| SSBF Pune | 60 | 13.70 Lakh | 10.25 Lakh | 75+ |
| SSSS Pune | 40 | 7.5 Lakh | 6 Lakh | 65+ |
| SIBM Nagpur | 60 | 14.00 Lakh | 9 Lakh | 70+ |
| SIOM Indore | 60 | 12.50 Lakh | 8.5 Lakh | 70+ |
MBA from IITs
| IIT | Fee (approx.) | Average Salary (INR per annum) | Cut-Off (CAT Percentile) |
| DMS IIT Delhi | 10-12 lakhs | 18-20 lakhs | 98 |
| SJMSOM IIT Bombay | 10-12 lakhs | 20-22 lakhs | 98 |
| VGSOM IIT Kharagpur | 11-13 lakhs | 16-18 lakhs | 95 |
| SME IIT Jodhpur | 8-10 lakhs | 12-14 lakhs | 90 |
| DMS IIT Roorkee | 9-11 lakhs | 12-14 lakhs | 95 |
| DMS IIT Madras | 10-12 lakhs | 14-16 lakhs | 95 |
| IIT Kanpur | 8-10 lakhs | 12-14 lakhs | 94 |
| IIT ISM Dhanbad | 6-8 lakhs | 10-12 lakhs | 90 |
MBA Colleges in India with Low Fees
| MBA College | Programs Offered | Fees (Approx.) | Average Salary (Approx.) | Cut-off (Approx.) |
|---|---|---|---|---|
| Faculty of Management Studies (FMS), Delhi | MBA, MBA-Executive | ₹2 Lakh | ₹34 Lakh | 99+ percentile |
| Sydenham Institute of Management Studies (SIMSREE), Mumbai | MMS | ₹1.5 Lakh | ₹15 Lakh | 99+ percentile (MBA CET) |
| Department of Financial Studies (DFS), DU | MBA (Finance), MBA (Business Economics) | ₹40,000 | ₹14 Lakh | 95+ percentile |
| Department of Business Economics (DBE), DU | MBA (Business Economics) | ₹40,000 | ₹10 Lakh | 95+ percentile |
| Delhi School of Economics (DSE), DU | MBA (International Business, HR) | ₹40,000 | ₹10 Lakh | 95+ percentile |
| Pune University Department of Management Sciences (PUMBA), Pune | MBA | ₹2 Lakh | ₹10 Lakh | 96+ percentile (MBA CET) |
| University Business School (UBS), Chandigarh | MBA, MBA-HR, MBA-IB | ₹2 Lakh | ₹10 Lakh | 90+ percentile |
| Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | MMS | ₹7 Lakh | ₹26 Lakh | 99.95+ percentile (MBA CET) |
| Tata Institute of Social Sciences (TISS), Mumbai | MA (HRM & LR) | ₹3 Lakh | ₹22 Lakh | 75+ percentile |
Top MBA Colleges Accepting MBA CET Scores
| MBA College | Programs Offered | Fees (Approx.) | Average Salary (Approx.) | MBA CET Cut-off (Approx.) |
|---|---|---|---|---|
| Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | MMS, MBA | ₹7 Lakh | ₹26 Lakh | 99.95+ percentile |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Mumbai | MMS, PGDBM | ₹1.5 Lakh | ₹12 Lakh | 99+ percentile |
| Prin. L. N. Welingkar Institute of Management Development (WeSchool), Mumbai | PGDM, MMS | ₹13 Lakh | ₹8 Lakh | 97+ percentile |
| SIES College of Management Studies (SIESCOMS), Navi Mumbai | MMS, PGDM | ₹9 Lakh | ₹6 Lakh | 90+ percentile |
| College of Engineering Pune (COEP), Pune | MBA | ₹3 Lakh | ₹7 Lakh | 96+ percentile |
| Chetana’s Institute of Management and Research (CIMR), Mumbai | MMS, PGDM | ₹7 Lakh | ₹6 Lakh | 85+ percentile |
| MET Institute of Management, Mumbai | MMS, PGDM | ₹6 Lakh | ₹5 Lakh | 85+ percentile |
| Indira Institute of Management (IIMP), Pune | PGDM, MBA | ₹6 Lakh | ₹5 Lakh | 85+ percentile |
| Lala Lajpatrai Institute of Management (LLIM), Mumbai | MMS, PGDM | ₹6 Lakh | ₹4 Lakh | 85+ percentile |
| Thakur Institute of Management Studies and Research (TIMSR), Mumbai | MMS, PGDM | ₹5 Lakh | ₹5 Lakh | 85+ percentile |
| Vivekanand Education Society Institute of Management Studies and Research (VESIM), Mumbai | MMS, PGDM | ₹6 Lakh | ₹5 Lakh | 80+ percentile |
| L. S. Raheja Institute of Management, Mumbai | MMS, PGDM | ₹6 Lakh | ₹4 Lakh | 80+ percentile |
| FCRIMS (Fr. C. Rodrigues Institute of Management Studies), Mumbai | MMS, PGDM | ₹5 Lakh | ₹5 Lakh | 80+ percentile |
| Indira School of Business Studies (ISBS), Pune | PGDM, MBA | ₹6 Lakh | ₹6 Lakh | 85+ percentile |
| Alkesh Dinesh Mody Institute for Financial and Management Studies, Mumbai | MMS | ₹1.5 Lakh | ₹6 Lakh | 85+ percentile |
| Durgadevi Saraf Institute of Management Studies (DSIMS), Mumbai | MMS, PGDM | ₹6 Lakh | ₹6 Lakh | 85+ percentile |
PGDM Colleges in India
| MBA/PGDM College | Programs Offered | Fees (Approx.) | Average Salary (Approx.) | Cut-off (Approx.) |
|---|---|---|---|---|
| N. L. Dalmia Institute of Management Studies and Research (NL Dalmia), Mumbai | PGDM | ₹16 Lakh | ₹9 Lakh | 85+ percentile |
| IES Management College and Research Centre (IES MCRC), Mumbai | PGDM | ₹11 Lakh | ₹7 Lakh | 80+ percentile |
| Chetana’s Institute of Management and Research (CIMR), Mumbai | PGDM | ₹10 Lakh | ₹7 Lakh | 85+ percentile |
| MET Institute of Management, Mumbai | PGDM | ₹10 Lakh | ₹7 Lakh | 85+ percentile |
| SIES College of Management Studies (SIESCOMS), Mumbai | PGDM | ₹11 Lakh | ₹7 Lakh | 85+ percentile |
| National Institute of Bank Management (NIBM), Pune | PGDM (Banking & Financial Services) | ₹16 Lakh | ₹12 Lakh | 80+ percentile |
| National Insurance Academy (NIA), Pune | PGDM (Insurance & Risk Management) | ₹9 Lakh | ₹9 Lakh | 75+ percentile |
| BITS School of Management (BITSOM), Mumbai | MBA | ₹24 Lakh | ₹23 Lakh | 85+ percentile |
| Master’s Union, Gurgaon | PGP in Technology & Business Management | ₹22 Lakh | ₹30 Lakh | 90+ percentile |
| NMIMS Bengaluru | MBA | ₹16 Lakh | ₹10 Lakh | 210+ |
| NMIMS Hyderabad | MBA | ₹16 Lakh | ₹9 Lakh | 210+ |
| Institute of Management, Nirma University, Ahmedabad | MBA | ₹9 Lakh | ₹10 Lakh | 85+ percentile |
| International Management Institute (IMI), Kolkata | PGDM | ₹9 Lakh | ₹7 Lakh | 80+ percentile |
| Indian Institute of Foreign Trade (IIFT), Kakinada | MBA (IB) | ₹21 Lakh | ₹29 Lakh | 90+ percentile |
| National Institute of Agricultural Extension Management (MANAGE), Hyderabad | PGDM (Agri-Business Management) | ₹6 Lakh | ₹10 Lakh | 80+ percentile |
| Woxen School of Business, Hyderabad | PGDM, MBA | ₹17 Lakh | ₹8 Lakh | 80+ percentile |
| ICFAI Business School (IBS), Pune | MBA | ₹11 Lakh | ₹6 Lakh | 150+ |
| ITM Business School, Navi Mumbai | PGDM | ₹11 Lakh | ₹7 Lakh | 80+ percentile |
| MET Institute of Management (MET), Nashik | PGDM | ₹5 Lakh | ₹5 Lakh | 70+ percentile |
| Sandip University, Nashik | MBA | ₹5 Lakh | ₹5 Lakh | 65+ percentile |
| International Management Institute (IMI), Bhubaneswar | PGDM | ₹8 Lakh | ₹7 Lakh | 75+ percentile |
| Management Development Institute (MDI), Murshidabad | PGDM | ₹12 Lakh | ₹10 Lakh | 85+ percentile |
| Xavier Institute of Management & Research (XIMR), Mumbai | PGDM | ₹6 Lakh | ₹7 Lakh | 80+ percentile |
| Xavier Institute of Management & Entrepreneurship (XIME), Bengaluru | PGDM | ₹11 Lakh | ₹9 Lakh | 75+ percentile |
| XIME Kochi | PGDM | ₹8 Lakh | ₹7 Lakh | 75+ percentile |
| XIME Chennai | PGDM | ₹8 Lakh | ₹6 Lakh | 75+ percentile |
| National Institute of Technology (NIT), Trichy | MBA | ₹5 Lakh | ₹9 Lakh | 80+ percentile |
| National Institute of Technology (NIT), Warangal | MBA | ₹5 Lakh | ₹9 Lakh | 80+ percentile |
| National Institute of Technology (NIT), Rourkela | MBA | ₹5 Lakh | ₹9 Lakh | 80+ percentile |
| National Institute of Technology (NIT), Surathkal | MBA | ₹4 Lakh | ₹8 Lakh | 80+ percentile |
| National Institute of Technology (NIT), Durgapur | MBA | ₹3 Lakh | ₹7 Lakh | 75+ percentile |
| National Institute of Technology (NIT), Silchar | MBA | ₹3 Lakh | ₹6 Lakh | 75+ percentile |
| MBA College | Programs Offered | Fees (Approx.) | Average Salary (Approx.) | Cut-off (Approx.) |
|---|---|---|---|---|
| Lal Bahadur Shastri Institute of Management (LBSIM), Delhi | PGDM | ₹13 Lakh | ₹10 Lakh | 85+ percentile |
| Indian Institute of Forest Management (IIFM), Bhopal | PGDFM | ₹6 Lakh | ₹7 Lakh | 75+ percentile |
| School of Management, BML Munjal University, Gurgaon | MBA | ₹12 Lakh | ₹8 Lakh | 75+ percentile |
| Amity Business School, Noida | MBA | ₹14 Lakh | ₹6 Lakh | 70+ percentile |
| Christ University Institute of Management, Bangalore | MBA | ₹8 Lakh | ₹6 Lakh | 75+ percentile |
| VIT Business School (VITBS), Vellore | MBA | ₹7 Lakh | ₹5 Lakh | 70+ percentile |
| Alliance School of Business, Bangalore | MBA | ₹14 Lakh | ₹7 Lakh | 75+ percentile |
| MIT School of Management, Pune | MBA | ₹8 Lakh | ₹4 Lakh | 65+ percentile |
| Jaipuria Institute of Management, Lucknow | PGDM | ₹10 Lakh | ₹7 Lakh | 75+ percentile |
| New Delhi Institute of Management (NDIM), Delhi | PGDM | ₹9 Lakh | ₹6 Lakh | 70+ percentile |
| Asia-Pacific Institute of Management (AIM), Delhi | PGDM | ₹9 Lakh | ₹5 Lakh | 65+ percentile |
| Balaji Institute of Modern Management (BIMM), Pune | PGDM | ₹8 Lakh | ₹6 Lakh | 70+ percentile |
| Bharathidasan Institute of Management (BIM), Trichy | MBA | ₹16 Lakh | ₹10 Lakh | 80+ percentile |
| IFIM Business School, Bangalore | PGDM | ₹16 Lakh | ₹10 Lakh | 85+ percentile |
| PES University, Bangalore | MBA | ₹9 Lakh | ₹6 Lakh | 70+ percentile |
| School of Business, University of Petroleum and Energy Studies (UPES), Dehradun | MBA | ₹12 Lakh | ₹5 Lakh | 65+ percentile |
| ITM Business School, Navi Mumbai | PGDM | ₹10 Lakh | ₹7 Lakh | 70+ percentile |
| MS Ramaiah Institute of Management (MSRIM), Bangalore | PGDM | ₹10 Lakh | ₹5 Lakh | 65+ percentile |
| Kirloskar Institute of Advanced Management Studies (KIAMS), Pune | PGDM | ₹10 Lakh | ₹6 Lakh | 65+ percentile |
| Indus Business Academy (IBA), Bangalore | PGDM | ₹9 Lakh | ₹6 Lakh | 65+ percentile |
| Prin. L. N. Welingkar Institute of Management Development (WeSchool), Mumbai | PGDM | ₹13 Lakh | ₹8 Lakh | 80+ percentile |
| Birla Institute of Management Technology (BIMTECH), Greater Noida | PGDM | ₹14 Lakh | ₹8 Lakh | 80+ percentile |
| Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD), Mysore | PGDM | ₹11 Lakh | ₹7 Lakh | 70+ percentile |
| Kohinoor Business School, Mumbai | PGDM | ₹6 Lakh | ₹4 Lakh | 60+ percentile |
| Adani Institute of Infrastructure Management (AIIM), Ahmedabad | PGDM (Infrastructure Management) | ₹9 Lakh | ₹7 Lakh | 65+ percentile |
| Apeejay School of Management, Delhi | PGDM | ₹8 Lakh | ₹6 Lakh | 65+ percentile |
| SCMS Cochin School of Business, Kochi | PGDM | ₹8 Lakh | ₹5 Lakh | 60+ percentile |
| Siva Sivani Institute of Management, Hyderabad | PGDM | ₹8 Lakh | ₹4 Lakh | 60+ percentile |
| FOSTIIMA Business School, Delhi | PGDM | ₹8 Lakh | ₹6 Lakh | 65+ percentile |
| IMT Hyderabad | PGDM | ₹12 Lakh | ₹7 Lakh | 80+ percentile |
| Universal Business School (UBS), Mumbai | MBA, PGDM | ₹12 Lakh | ₹7 Lakh | 75+ percentile |
| Shanti Business School (SBS), Ahmedabad | PGDM | ₹8 Lakh | ₹5 Lakh | 60+ percentile |
| Delhi School of Business (VIPS-TC), Delhi | PGDM | ₹9 Lakh | ₹6 Lakh | 70+ percentile |
| ASM Institute of Business Management, Pune | PGDM | ₹7 Lakh | ₹4 Lakh | 60+ percentile |
| Jagran Institute of Management and Mass Communication (JIMMC), Noida | PGDM | ₹6 Lakh | ₹4 Lakh | 60+ percentile |
| SDA Bocconi Asia Center, Mumbai | IMB (MBA) | ₹18 Lakh | ₹11 Lakh | 80+ percentile (GMAT) |
| Bharati Vidyapeeth Institute of Management & Research (BVIMR), Delhi | MBA | ₹8 Lakh | ₹5 Lakh | 70+ percentile |
| Athena School of Management, Mumbai | MBA | ₹12 Lakh | ₹9 Lakh | 70+ percentile |
| IBS Business School (ICFAI), Hyderabad | MBA | ₹16 Lakh | ₹8 Lakh | 75+ percentile |
| Hyderabad Business School (HBS), GITAM University | MBA | ₹8 Lakh | ₹5 Lakh | 65+ percentile |
| Acharya Bangalore Business School (ABBS), Bangalore | MBA, PGDM | ₹7 Lakh | ₹4 Lakh | 65+ percentile |
| GITAM School of International Business (GSIB), Visakhapatnam | MBA | ₹12 Lakh | ₹6 Lakh | 65+ percentile |
Overview of the MBA Scenario in India
1. Rising Demand for Management Professionals
In India, the demand for qualified management professionals has surged over the last few decades due to the rapid growth of industries, startups, and multinational companies. This has led to a corresponding rise in the number of institutions offering MBA and PGDM (Post Graduate Diploma in Management) programs, catering to various segments of aspirants.
2. Diversity of MBA Programs
MBA programs in India range from general management to specialized courses such as Finance, Marketing, Human Resources, Operations, Business Analytics, and more. There are full-time, part-time, executive, and online MBA options available to suit the different needs of working professionals, fresh graduates, and even entrepreneurs.
3. Prominent MBA Entrance Exams
Admission to most MBA colleges in India is based on competitive entrance exams. Some of the most popular exams include:
- CAT (Common Admission Test): Accepted by all IIMs and most top-tier B-schools like FMS, SPJIMR, and MDI.
- XAT (Xavier Aptitude Test): Accepted by XLRI, XIMB, and other prominent B-schools.
- NMAT: Conducted by GMAC, accepted by NMIMS and other top institutes.
- CMAT: Accepted by JBIMS, SIMSREE, and various other institutes.
- SNAP: Conducted by Symbiosis International University for admissions into institutes like SIBM and SCMHRD.
- MBA CET (Maharashtra CET): State-level exam for admission into Maharashtra-based colleges like JBIMS, SIMSREE, and Welingkar.
4. Major MBA Institutions in India
MBA education in India is primarily led by three categories of institutions:
1. Indian Institutes of Management (IIMs)
The IIMs are premier public business schools offering world-class education. With 21 IIMs spread across the country, the most prestigious are IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. These institutes are known for their rigorous curriculum, global exposure, and impressive placement records.
2. Non-IIM Top B-schools
Several top-tier non-IIM institutes provide quality management education comparable to IIMs. Some of the notable ones include:
- Faculty of Management Studies (FMS), Delhi
- XLRI Jamshedpur
- SP Jain Institute of Management & Research (SPJIMR), Mumbai
- Management Development Institute (MDI), Gurgaon
- Indian School of Business (ISB), Hyderabad
3. Other Reputed Institutes
There are also many well-respected institutes such as JBIMS, Mumbai; Symbiosis Institute of Business Management (SIBM), Pune; NMIMS, Mumbai; TAPMI, Manipal; and IIFT, Delhi, which consistently produce top-performing professionals.
5. Placements and ROI
One of the key factors driving MBA aspirants in India is the return on investment (ROI). Top-tier institutes like IIMs, FMS, JBIMS, XLRI, and others consistently offer impressive placement packages, often ranging between ₹20-35 LPA for top recruiters, making an MBA from these institutions a highly sought-after qualification.
How to Select the Right MBA College in India?
Given the vast number of options available, selecting the right MBA college can be daunting. Here are the key factors to consider when choosing an MBA college in India:
1. Accreditation and Ranking
When selecting an MBA college, ensure that the institution is accredited by recognized bodies like the All India Council for Technical Education (AICTE) or National Board of Accreditation (NBA). Global accreditations like AMBA, EQUIS, or AACSB add further credibility to an institution. Rankings from sources like NIRF, QS World Rankings, and Business Today can also provide insights into a college’s standing.
2. Specialization and Course Curriculum
Not all MBA programs offer the same specializations. Before selecting a college, it’s crucial to evaluate what specializations they are known for. For instance:
- IIMs are known for general management and leadership programs.
- XLRI specializes in HR and Business Management.
- MICA, Ahmedabad is renowned for its specialization in Marketing and Communications.
- IIFT, Delhi is the top choice for International Business.
Additionally, ensure that the curriculum includes up-to-date modules, industry projects, internships, and case studies to provide a blend of theory and practical exposure.
3. Faculty and Infrastructure
A strong faculty base with industry experience and academic qualifications is critical for quality education. Research the faculty profiles and student-to-faculty ratio at prospective institutions. A robust infrastructure, such as well-equipped libraries, smart classrooms, and advanced learning tools, enhances the overall learning experience.
4. Placement Records and Industry Connections
Analyzing placement reports is essential. Consider the average salary packages, top recruiters, and placement trends over the years. Colleges with strong alumni networks and industry partnerships tend to have better placement outcomes. For example:
- IIM Ahmedabad, IIM Bangalore, and IIM Calcutta have stellar placement records with top companies from across the globe recruiting their graduates.
- FMS Delhi has a very high ROI due to its low fees and high placement packages.
5. Location and Network
The location of the MBA college plays a key role, especially when it comes to networking opportunities, internships, and job placements. B-schools located in metropolitan cities such as Mumbai, Delhi, Bangalore, and Pune offer proximity to major industries and corporations. Institutes in these cities tend to have better corporate exposure through guest lectures, live projects, and placements.
6. Fee Structure and ROI
The fee structure of MBA colleges in India varies significantly. While top private institutions like ISB, SPJIMR, and XLRI have fees ranging from ₹16-40 lakh, institutes like FMS Delhi, JBIMS, SIMSREE, and other government colleges offer MBA programs at lower costs, providing an excellent ROI.
When considering fees, also take into account scholarship opportunities and loan facilities offered by the college.
7. Entrance Exam and Cut-offs
Each MBA college in India accepts different entrance exams such as CAT, XAT, NMAT, SNAP, and MBA CET. The cut-off percentile required for these exams varies by college. For example, top institutes like IIMs, FMS, and JBIMS usually have cut-offs above the 95th percentile.
