50 Top MBA Colleges in India: Average Package, Fee Structure & NIRF Ranking

An MBA (Masters in Business Administration) is one of the diverse programs worldwide. For many working professionals, getting an MBA seems like the next logical step in advancing their professional career. The benefits of an MBA program are applicable regardless of your industry. Top MBA colleges in India not only cover the 21 IIMs but also cover many other prominent B-Schools or top management colleges in India. However, some may wonder if pursuing an MBA is worth it, given the commitment and expense involved. In this blog, we have listed the best MBA colleges in India, including their fee structure, average package and highest placements along with batch size. The MBA colleges have been widely categorized to their relative importance, NIRF Ranking 2025 of top MBA colleges in India along with categorizing the MBA colleges in India with the proper information about fee structure, average package, highest placement package, batch size and other data points in a detailed manner.

For example, the colleges mentioned in Category 1 are the premier MBA Colleges of India and may offer lucrative opportunities during and after your MBA program. The top MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, ISB Hyderabad, XLRI Jamshedpur, IIM Lucknow, FMS Delhi, SPJIMR Mumbai, IIM Kozhikode, IIM Indore, JBIMS Mumbai, MDI Gurgaon, IIM Mumbai and more.

Knowing about the best MBA college in India is important for candidates before getting admission. Complete understanding about the best MBA institutes in India in terms of average package, median salary package, highest salary package and fees are relatively important to choose top MBA colleges. Let’s deep dive into the blog to completely know about the top MBA institutes in India.

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List of Top MBA Colleges in India: Fee Structure & Avg. Package

Understanding the average package and fee structure both is quite important to target the best MBA colleges in India whether it is about IIMs or other prominent B-Schools in India. This section is well-versed showing you about the average placement package along with the fees structure of Indian Institutes of Management and other top business schools. According to the data or facts, IIM Ahmedabad consistently performs when it comes to the placement statistics and according to the updated information, the average placement package that IIM Ahmedabad covers is 35.50 LPA followed by IIM Bangalore that is 34.88 LPA. The complete information about the top MBA colleges in India with relevancy to the fees structure and average placement package is mentioned in a table below.

Top MBA Colleges in India – Updated Fees Structure & Avg. Package

MBA Colleges in India	Exam(s) Accepted	Fees	Avg. Package
IIM Ahmedabad	CAT	27.5 lakhs	35.50 LPA
IIM Bangalore	CAT	26.30 lakhs	34.88 LPA
IIM Calcutta	CAT	27 lakhs	34.23 LPA
ISB Hyderabad	GMAT,CAT	38.67 lakhs	34.21 LPA
XLRI Jamshedpur	XAT	30.6 lakhs	26.38 LPA
IIM Lucknow	CAT	20.75 lakhs	32.3 LPA
FMS Delhi	CAT	2.32 lakhs	34.10 LPA
SPJIMR Mumbai	CAT, GMAT	22.66 lakhs	32.10 LPA
IIM Kozhikode	CAT	23.50 lakhs	28.05 LPA
IIM Indore	CAT	21.15 lakhs	29.57 LPA
JBIMS Mumbai	CAT, CMAT, GMAT, MAT, MAHCET	8.13 lakhs	26.12 LPA
MDI Gurugram	CAT	25.9 lakhs	26.20 LPA
IIM Mumbai	CAT	21 Lakhs	33.84 LPA (top 50% batch)
IIFT Delhi	CAT	21.82 Lakhs	27.30 LPA
SJMSOM (IITB)	CAT	15.21 Lakhs	25.82 LPA
TISS Mumbai(HRM & LR)	CUET-PG	1.85 Lakhs	28 LPA
SIBM Pune	SNAP	27.77 Lakhs	28.83 LPA
IIFT Kolkata	CAT	21 lakhs	29.10 LPA
IIM Shillong	CAT	26.18 Lakhs	26.44 LPA
NMIMS Mumbai	NMAT	27 Lakhs	25.13 LPA
DMS (IITD)	CAT	12 Lakhs	23.4 LPA
VGSOM (IIT-KGP)	CAT	12.94 Lakhs	22.75 LPA
GLIM Chennai	CAT, XAT, GMAT, CMAT	21.63 Lakhs	15.1 LPA
SCMHRD Pune	SNAP	27.06 Lakhs	22.16 LPA
IIM Raipur	CAT	18 Lakhs	18.15 LPA
IMT Ghaziabad	CAT, XAT, GMAT	21.53 Lakhs	16.25 LPA
IIM Ranchi	CAT	19.20 Lakhs	19.29 LPA
XIMB Bhubaneswar	CAT, XAT, XGMT	25.40 Lakhs	19.53 LPA
IIM Trichy	CAT	21 Lakhs	19.43 LPA
IIM Nagpur	CAT	21.5 Lakhs	18.07 LPA
IIM Sambalpur	CAT	21 Lakhs	15.65 LPA
IIM Visakhapatnam	CAT	20.51 Lakhs	16.40 LPA
IIM Kashipur	CAT	17.30 Lakhs	15.04 LPA
MICA Ahmedabad	CAT/XAT/GMAT + MICAT	28 Lakhs	19.22 LPA
IIM Rohtak	CAT	17.90 Lakhs	18.73 LPA
IIT Kanpur	CAT	7.05 Lakhs	17.2 LPA
MHRM, IIT Kharagpur	CAT	12.94 Lakhs	22.75 LPA
DFS (University of Delhi)	CAT	97K	19.12 LPA
IIM Udaipur	CAT	21.33 Lakhs	18.77 LPA
IIM Amritsar	CAT	21.5 Lakhs	19.73 LPA (top 25%)
IMI Delhi	CAT, XAT, GMAT	23.54 Lakhs	16.73 LPA
TAPMI Manipal	NMAT, CAT, XAT, GMAT	19.5 Lakhs	13.99 LPA
DoMS (IIT Madras)	CAT	12.26 Lakhs	17.9 LPA
SIMSREE Mumbai	CAT, CMAT, MAHCET	1.34 Lakh	12.30 LPA
GIM Goa	CAT, XAT, GMAT	21.45 Lakhs	15.13 LPA
DBE (University of Delhi)	CAT	48.5k	12.00 LPA
SIOM Nashik	SNAP	13.20 Lakhs	11.25 LPA
UBS Chandigarh	CAT	2.25 Lakhs	13.72 LPA
NMIMS Bengaluru	NMAT	20 Lakhs	14 LPA
FORE New Delhi	CAT, XAT	20.77 Lakhs	16.8 LPA

NIRF Ranking of Top MBA Colleges in India (2025)

NIRF stands for National Institute Ranking Framework which gives a score to the institutes in India based on their academic performance, placement statistics and overall development. According to the NIRF Ranking 2025, IIM Ahmedabad consistently maintains its ranking and stands among 1st, followed by IIM Bangalore at 2nd position. The complete information for the NIRF rankings 2025 is mentioned in the table given below.

Rank	College Name	City	State	Score
1	Indian Institute of Management Ahmedabad	Ahmedabad	Gujarat	83.29
2	Indian Institute of Management Bangalore	Bengaluru	Karnataka	81.56
3	Indian Institute of Management Kozhikode	Kozhikode	Kerala	79.85
4	Indian Institute of Technology Delhi	New Delhi	Delhi	78.94
5	Indian Institute of Management Lucknow	Lucknow	Uttar Pradesh	77.97
6	Indian Institute of Management Mumbai	Mumbai	Maharashtra	77.58
7	Indian Institute of Management Calcutta	Kolkata	West Bengal	77.34
8	Indian Institute of Management Indore	Indore	Madhya Pradesh	75.68
9	Management Development Institute (MDI)	Gurugram	Haryana	71.96
10	XLRI – Xavier School of Management	Jamshedpur	Jharkhand	70.63
11	Symbiosis Institute of Business Management (SIBM)	Pune	Maharashtra	67.9
12	Indian Institute of Technology Kharagpur	Kharagpur	West Bengal	66.97
13	Indian Institute of Technology Madras	Chennai	Tamil Nadu	66.5
14	Indian Institute of Technology Bombay	Mumbai	Maharashtra	65.82
15	Indian Institute of Management Raipur	Raipur	Chhattisgarh	65.03
16	Indian Institute of Management Tiruchirappalli	Tiruchirappalli	Tamil Nadu	64.95
17	Indian Institute of Foreign Trade (IIFT)	New Delhi	Delhi	62.93
18	Indian Institute of Management Ranchi	Ranchi	Jharkhand	62.77
19	Indian Institute of Management Rohtak	Rohtak	Haryana	62.6
20	S.P. Jain Institute of Management and Research (SPJIMR)	Mumbai	Maharashtra	62.06
21	Indian Institute of Management Udaipur	Udaipur	Rajasthan	61.79
22	Indian Institute of Technology Roorkee	Roorkee	Uttarakhand	61.77
23	Indian Institute of Management Kashipur	Kashipur	Uttarakhand	61.74
24	SVKM’s Narsee Monjee Institute of Management Studies (NMIMS)	Mumbai	Maharashtra	60.99
25	Indian Institute of Management Nagpur	Nagpur	Maharashtra	60.88
26	Amrita Vishwa Vidyapeetham	Coimbatore	Tamil Nadu	60.25
27	Indian Institute of Technology Kanpur	Kanpur	Uttar Pradesh	60.15
28	Jamia Millia Islamia	New Delhi	Delhi	60.06
29	Indian Institute of Management Visakhapatnam	Visakhapatnam	Andhra Pradesh	59.95
30	Institute of Management Technology (IMT)	Ghaziabad	Uttar Pradesh	59.85
31	Indian Institute of Management Bodh Gaya	Gaya	Bihar	59.65
32	Chandigarh University	Mohali	Punjab	59.4
33	MICA	Ahmedabad	Gujarat	59.22
34	Indian Institute of Management Sambalpur	Sambalpur	Odisha	58.59
35	Indian Institute of Management Jammu	Jammu	Jammu & Kashmir	58.5
36	UPES	Dehradun	Uttarakhand	58.33
37	Great Lakes Institute of Management (GLIM)	Chennai	Tamil Nadu	58.05
38	Indian Institute of Management Shillong	Shillong	Meghalaya	57.7
39	T.A. Pai Management Institute (TAPMI)	Manipal	Karnataka	57.13
40	International Management Institute (IMI Delhi)	New Delhi	Delhi	56.59
41	Jaipuria Institute of Management	Noida	Uttar Pradesh	56.46
42	International Management Institute (IMI Kolkata)	Kolkata	West Bengal	55.42
43	Goa Institute of Management (GIM)	Sanquelim	Goa	55.27
44	Lovely Professional University (LPU)	Phagwara	Punjab	55
45	XIM University (XIMB)	Bhubaneswar	Odisha	54.73
46	ICFAI Foundation for Higher Education (IFHE)	Hyderabad	Telangana	54.4
46	Thapar Institute of Engineering and Technology	Patiala	Punjab	54.4
48	Indian Institute of Technology (ISM) Dhanbad	Dhanbad	Jharkhand	54.34
49	Amity University	Noida	Uttar Pradesh	54.15
50	Great Lakes Institute of Management (GLIM Gurgaon)	Gurugram	Haryana	54.08

Also Check : NIRF Ranking 2025 – Check Top MBA Colleges in India

Best MBA Colleges in India – BLACKI

Indian Institutes of Management are considered as the top MBA colleges in India which provides the highest placement packages to the candidates across various domains whether it is Finance, Consulting, Strategy, Operations, Human Resources and more. The top IIM colleges in India cover Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Indian Institute of Management Kozhikode, Indian Institute of Management Calcutta, Indian Institute of Management Indore and Indian Institute of Management Lucknow. These are popularly known as BLACKI IIMs. The top recruiters visits campus with highest salary packages that turned out to be the great RoI to the candidates.

Rank	Institute Name	Location	NIRF Score
1	Indian Institute of Management Ahmedabad	Ahmedabad, Gujarat	86.37
2	Indian Institute of Management Bangalore	Bangalore, Karnataka	81.56
3	Indian Institute of Management Kozhikode	Kozhikode, Kerala	78.15
4	Indian Institute of Management Lucknow	Lucknow, Uttar Pradesh	77.58
5	Indian Institute of Management Indore	Indore, Madhya Pradesh	74.65
6	Indian Institute of Management Calcutta	Kolkata, West Bengal	75.86

Top MBA Colleges In India: Category – 1

There are many premier Top MBA Colleges in India. In this blog, we have listed those colleges with their Fee, average, and more details. Go through the blog for the complete details

1. Indian Institute of Management Ahmedabad (IIMA)

IIM Ahmedabad is considered to be the most prestigious management institution in India. It is known as the Mecca of Marketing. An MBA degree from IIM Ahmedabad is the most sought-after by many CAT aspirants. The campus has iconic architecture and vast green spaces, inhabited by the world’s liveliest minds, spread over 102 lush acres in the heart of Ahmedabad.
IIM Ahmedabad offers Various Programs, and the two-year full-time Post Graduate Programme in Management (PGP) is the flagship MBA programme of IIMA.

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• Fees: 27.5 lakhs
• Average Package: 35.50 LPA
• Highest Package: 1.15 CPA
• Batch Size: 455 Students

Also Check: IIM Ahmedabad MBA Fees

2. IIM Bangalore

IIM Bangalore was established in the year 1973, it was the third IIM to be established in the country. The institute is considered to be the best MBA College in India for Consulting Industry, with 218 out of 606 offers made by Consulting firms. IIMB has a world-class infrastructure, in the heart of the southern part of Bangalore City.
IIM Bangalore offers various Post-graduation programmes, executive education programmes and specialized courses in areas such as entrepreneurship and public policy Particularly known as, Doctor of Philosophy (PhD), ~ 5 years, Full-time; Master of Management Studies (Public Policy), (MMS(PP)), 1 year, Full-time; Master of Business Administration (MBA), 2 years, weekend; Master of Business Administration (MBA), 1 year, Full-time; Master of Business Administration (MBA), 2 years, Full-time; Executive Education Programme (EEP).

• Fees: 26.30 lakhs
• Average Package: 34.88 LPA
• Highest Package: 80 LPA
• Batch Size: 512 Students

Also Read: Top MBA Colleges With Best ROI

3. Indian Institute of Management Calcutta (IIMC)

The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961. IIM Calcutta is Known as the best MBA College in India for Finance. The main campus of IIM Calcutta, covering 135 acres of area, is located in Joka, on the outskirts of Kolkata.
IIM Calcutta offers a two-year full-time MBA, a one-year full-time Post Graduate Diploma(PGPEX-VLM), a one-year full-time MBA for experienced executives(MBAEx), a Doctorate in Business Administration programme, a two-year full-time Post Graduate Diploma in Business Analytics, and a one-year full-time programme in Healthcare Management.

• Fees: 27 lakhs
• Average Package: 34.23 LPA
• Highest Package: 1.2 CPA
• Batch Size: 462 Students

Also Check: IIM Calcutta Fees

4. Indian School of Business, Hyderabad

The Indian School of Business (ISB) is a non-profit business school established in India in the year 2001. It has two parallel campuses in India, in Hyderabad (Telangana) and Mohali (Punjab). Hyderabad Campus is the older Campus, which spreads across 260 acres.
The institute is known for its Global Collaborations, Outstanding Faculty, and International Exposure. It offers certificates in various post-graduate management programs.

• Fees: 38.67 lakhs
• Average Package: 34.21 LPA
• Highest Package: 66 LPA
• Batch Size: 900

5. XLRI, Jamshedpur

XLRI Jamshedpur is considered to be the Best MBA College in India for the Human Resource Sector. It is the oldest B-school in India, founded in the year 1949. XLRI is also known for its cheerful and jovial college culture. It is also one of the few B-schools that have a well-balanced gender ratio. It offers courses in PGDM(BM), PGDM(HR), PGDM(GM), and various other post-graduate management Programs.
Top recruiters visiting XLRI Jamshedpur are Bain & Co., Ericsson Global, Tech Mahindra, Deutsche Bank, Deloitte, and Cognizant, among others.

• Fees: 30.6 lakhs
• Average Package: 26.38 LPA
• Highest Package: 75 LPA
• Batch Size: 420

Top MBA Colleges In India: CATEGORY-2

These are the premier B-schools that rank in line with the Top 5 MBA Colleges as mentioned above.

6. Indian Institute of Management Lucknow (IIML)

IIM Lucknow was established in the year 1984, as the 4th prestigious IIM in the country. IIM Lucknow is known for its Flagship PGP program. It is also recognized as an “Institution of Excellence” by India’s Ministry of Human Resource Development. It offers post-graduate diplomas, fellowship and executive programs in management.

• Fees: 20.75 lakhs
• Average Package: 32.3 LPA
• Highest Package: 1.23 CPA
• Batch Size: 571 Students

7. Faculty of Management Studies (FMS), University of Delhi, Delhi

Faculty of Management Studies – University of Delhi (FMS Delhi or The Red Building of Dreams) is a leading business school located in New Delhi, India. It was established in 1954 under the umbrella of the University of Delhi and is often cited as one of the best MBA colleges in India. The MBA program at FMS Delhi is offered at a low fee but the placements offered at the institute are at par with top IIM. FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration, and doctoral programs.

• Fees: 2.32 lakh
• Average Package: 34.10 LPA
• Highest Package: 1.23 CR
• Batch Size: 273 Students

Also Read: Top MBA Colleges With Best ROI

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

The Shreyans Prasad Jain Institute of Management and Research (SPJIMR) is a private non-profit B-school based in Mumbai, India. Founded in 1981 under the aegis of Bharatiya Vidya Bhavan, The institute offers several full-time and part-time management programs. SPJIMR is situated on a 45-acre campus, in the metropolis of Mumbai. It is one of the oldest MBA colleges in India.

SPJIMR offers several postgraduate full-time programs, such as a 2-year, Post-Graduate Diploma in Management (PGDM), a Full-time doctoral program, and a Fellow Programme in Management (FPM).

Read: SPJIMR Mumbai Placement

• Fees: 22.66 lakhs
• Average Package: 32.10 LPA
• Highest Package: 81 LPA
• Batch Size: 300 Students

TOP MBA COLLEGES IN INDIA: CATEGORY 3

9. Indian Institute of Management Kozhikode (IIMK)

IIM Kozhikode was set up in 1996 by the Government of India in collaboration with the State Government of Kerala. The Campus of the Indian Institute of Management Kozhikode spreads over 112.5 acres and is situated in the Kunnamangalam Area of the ancient city of Calicut in Kerala. It offers various Academic and Executive Programmes in Management.
The Institute is counted among the best MBA colleges in India, especially in Finance Sector.

• Fees: 23.50 lakhs
• Average Package: 28.05 LPA
• Highest Package: 67.02 LPA
• Batch Size: 483 Students

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10. Indian Institute of Management Indore (IIM I)

Indian Institute of Management Indore (IIM Indore) was established in the year 1996 and is the sixth prestigious institution in the IIM family. It offers post-graduation programs in Post Graduate Programme in Management (PGP); Executive Post Graduate Programme in Management (EPGP);
Post Graduate Programme in Human Resource Management (PGP-HRM); Doctoral Programme in Management (DPM); Executive Doctoral Programme in Management (EDPM); Executive Doctoral Programme in Management and Governance (EDPMG).

• Fees: 21.15 lakhs
• Average Package: 29.57 LPA
• Highest Package: 1 CPA
• Batch Size: 578 Students

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

Jamnalal Bajaj Institute of Management Studies was founded in 1965 by the University of Mumbai. JBIMS has been a pioneer in management education and one of the best MBA colleges in India. It is consistently ranked among the top 10 premier B-schools in the country with a legacy spanning over the past 52 years.

The Masters in Management Studies offered at the JBIMS is its flagship course. A two-year, full-time post-graduate MBA course was started in 1965 and since then, has been updated periodically to match the needs of the corporate world. This college has nurtured many prominent leaders, it is also known as the CEO Factory of India. In the second year of this program, specializations are offered, such as Finance, Marketing, Operations, Systems, and Personnel.

• Fees: 8.13 lakhs
• Average Package: 26.12 LPA
• Highest Package: 35.75 LPA
• Batch Size: 150 Students

12. Management Development Institute (MDI), Gurugram

Management Development Institute (MDI) is a private business School in Gurgaon, India and is counted among the top private MBA colleges in India. It was established in 1973 by the Industrial Finance Corporation of India and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi. MDI has its own campus spread over 37 acres (150,000 m2) in Gurgaon. MDI has a campus with red brick buildings and trees. The buildings are named Gurukul, Lakshaya, Scholars, Renaissance, Parthenon, etc.

MDI Gurgaon offers various postgraduate diploma programs. These include full-time post-graduate programs in management and part-time programs such as executive programs. It also offers fellowship research programs.

• Fees: 25.9 lakhs
• Average Package: 26.20 LPA
• Highest Package: 60 LPA
• Batch Size: 472 Students

13. IIM Mumbai (NITIE)

Indian Institute of Management Mumbai (IIM Mumbai) previously recognized as the National Institute of Industrial Engineering, Mumbai (NITIE Mumbai), is a prestigious business school under the Ministry of Education (India), Government of India located in Powai near Vihar Lake in Mumbai and is ranked 7th among B-Schools of India as per NIRF 2023 rankings.

It was established by the Government of India in 1963 with the assistance of the United Nations Development Programme (UNDP) through the International Labour Organization (ILO) to create skilled professionals.

IIM Mumbai offers postgraduate diplomas in various fields of management and industrial engineering. It also offers doctoral-level fellowship programs. It is considered one of the best MBA colleges in India, for the Operation sector. Annually, IIM Mumbai trains over 2000 professionals through its various week-long Management Development Programs (MDPs) and unit-based programs (UBPs) in different areas of Industrial Engineering & Management.

• Fees: 21 lakhs
• Average Package: 33.84 LPA (top 50% batch)
• Highest Package: 78.20 LPA
• Batch Size: 407 Students

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

The IIFT Delhi campus is located in the Qutub Institutional Area, overlooking Green Ridge and the historical Qutub Minar. The campus is spread over 6.5 acres of land houses, two academic blocks, and two residential blocks for students and visiting faculty. Over the years, IIFT has emerged as a national university with a focus on International Business Management and Strategy.

It offers courses in MBA(IB): Full-time/ Weekend, MBA (Business Analytics), MBA(IB) Online, Integrated Programme in Management, Executive Programmes (On Campus), and MA (Economics).

• Fees: 21.82 lakhs
• Average Package: 27.30 LPA
• Highest Package: 76.5 LPA
• Batch Size: 400 Students

15. Shailesh J. Mehta School of Management (SJMSOM), Indian Institute of Technology Bombay (IITB)

Shailesh J. Mehta School of Management (popularly known as SJMSOM or simply SOM) is a public business school and part of the Indian Institute of Technology Bombay. SJMSOM was established in 1995. In 2000, the school was renamed to Shailesh J. Mehta School of Management, in honor of Dr. Shailesh J. Mehta who is a Mechanical Engineer graduate of IIT Bombay.

SJMSOM conducts education and research in leadership, economics, marketing, entrepreneurship, organizational behaviour, technology management, operations, strategy, and other areas. The school offers a full-time degree course (Master of Business Administration), a doctoral course, and Management Development Programs (MDP) for company representatives.

• Fees: 15.21 lakhs
• Average Package: 25.82 LPA
• Highest Package: 54 LPA
• Batch Size: 120 Students

16. Tata Institute of Social Sciences (TISS), Mumbai

Tata Institute of Social Sciences (TISS) is a multi-campus public university in Mumbai, India. It is Asia’s oldest institute for professional social work education and was founded in 1936 in the then-Bombay Presidency of British India as the Sir Dorabji Tata Graduate School of Social Work by the Sir Dorabji Tata Trust. In 1944, the institute was officially renamed the Tata Institute of Social Sciences
TISS’s academic programs focus on the social sciences and offer doctoral degrees in Habitat Studies, Management and Labour Studies, Disaster Studies, Development Studies, Education, Gender Studies, Health Studies, Law, Media and Cultural Studies, Public Policy, Rural Development, and Social Work.

Tata Institute of Social Sciences (TISS) in Mumbai does not offer an MBA program. However, it does offer a similar program in Management, Including an MA in Human Resource Management and Labour Relations, Social Entrepreneurship, Globalisation, and Labor, etc. TISS Mumbai is considered to be the best MBA colleges in India for HR Domain.

• Fees: 1.85 lakhs
• Average Package: 28 LPA
• Highest Package: 49 LPA
• Batch Size: 68 Students

17. Symbiosis Institute of Business Management (SIBM), Pune

SIBM Pune was established in the year 1978, the institute offers various post-graduation programmes in management, innovation and entrepreneurship and a number of executive training programmes. The Current Campus is located at Lavale in Mulshi Taluka on the outskirts of Pune City. SIBM Pune Post-graduation courses include MBA, Executive MBA, MBA Innovation and Entrepreneurship and PGDBM.

• Fees: 27.77 lakhs
• Average Package: 28.83 LPA
• Highest Package: 49.06 LPA
• Batch Size: 180 Students

18. Indian Institute of Foreign Trade, Kolkata

IIFT Kolkata is considered to be one of the finest MBA colleges in Kolkata, India. The campus is spread over 7 acres of land houses. Be it the mystic beauty of the architectural design, or the splendor of the campus in full bloom in winter, it never fails to impress the visitors.

The Indian Institute of Foreign Trade (IIFT) Kolkata offers several courses, including an MBA in International Business (Full-Time and Part-Time), an Executive Post Graduate Diploma in International Business, a Certificate Programme in Export Management, and a Ph.D. Programme.
The placements of IIFT Kolkata and Delhi are conducted Jointly.

• Fees: 21 lakhs
• Average Package: 29.10 LPA
• Highest Package: 85.4 LPA
• Batch Size: 140 Students

Also Read: Top MBA Colleges in Delhi-NCR

TOP MBA Colleges in India: CATEGORY 4

19. Rajiv Gandhi Indian Institute of Management (RGIIM), Shillong

Indian Institute of Management Shillong (IIM-S) is a public, fully autonomous management institute in the city of Shillong, Meghalaya. It was the seventh Indian Institute of Management to be established in India. IIM Shillong campus is spread over an area of 120 acres. IIM Shillong offers post-graduate, doctoral, and executive programmes in management education, and Management Development Programmes (MDPs) spanning different streams of management.

• Fees: 26.18 lakhs
• Average Package: 26.44 LPA
• Highest Package: 71.30 LPA
• Batch Size: 238 Students

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

NMIMS Mumbai is one of the best MBA colleges in India. Narsee Monjee Institute of Management Studies (abbreviated as SVKM’s NMIMS) is a private deemed university located in Mumbai. What started with baby steps in 1981, NMIMS has today emerged as a globally reputed university.

NMIMS Mumbai Programme and the courses Offered By NMIMS Mumbai include MBA, MBA-HRM, MBA- Pharmaceutical Management with a wide range of specializations.

• Fees: 27 lakhs
• Average Package: 25.13 LPA
• Highest Package: 67.80 LPA
• Batch Size: 600 Students

21. Department of Management Studies (DMS), Indian Institute of Technology Delhi (IITD)

The Department of Management Studies, IIT Delhi, also known as DMS IIT Delhi, is a school of management education and research in the Indian Institute of Technology, Delhi. The department was established in 1993 by an amendment in IIT Delhi statutes, which currently runs a two-year full-time MBA program with a focus on Management Systems, a two-year full-time MBA with a focus on Telecommunication Systems Management under the aegis of Bharti School of Telecom Technology and Management and a three-year on-campus evening MBA program with a focus on Technology Management.

• Fees: 12 lakhs
• Average Package: 23.4 LPA
• Highest Package: 41.30 LPA
• Batch Size: 115 Students

22. Vinod Gupta School of Management (VGSOM), Indian Institute of Technology Kharagpur (IIT–KGP)

Vinod Gupta School of Management was set up in the year 1993. It is the first MBA College in India to be established with the Indian Institutes of Technology. Candidates at VGSOM get to enjoy the rich campus life of IIT Kharagpur. It offers various courses in post-graduation management programs, such as MBA; Executive MBA; PhD; and Post-Graduate Diploma in Business Analytics.

• Fees: 12.94 lakhs
• Average Package: 22.75 LPA
• Highest Package: 43.37 LPA
• Batch Size: 94 Students

23. Great Lakes Institute of Management (GLIM), Chennai (PGDM Two–Year Programme)

Great Lakes Institute of Management, Chennai was founded in 2004 by Padma Shri Awardee Dr. Bala V. Balachandran is one of the top MBA colleges in India. Within a short span of 20 years, GLIM Chennai has emerged as a top-ranked business school. GLIM Chennai Residential Campus is 9 km far from Mahablipuram (UNESCO Heritage site) towards Pondicherry on East Coast Road. At the postgraduate level, the institute offers PGXPM, PGPM FLEX, PGPM, PGDM, Digital Marketing, Corporate Learning and Development, and various other courses to students.

• Fees: 21.63 lakhs
• Average Package: 22.16 LPA
• Highest Package: 46 LPA
• Batch Size: 400 Students

24. Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune

SYMBIOSIS CENTRE FOR MANAGEMENT & HUMAN RESOURCE DEVELOPMENT (SCMHRD) is listed among the best MBA Colleges in India, honing world-class leaders and entrepreneurs. It was established in the year 1993. The institute is famous for its MBA program in HRM.

• Fees: 27.06 lakhs
• Average Package: 22.16 LPA
• Highest Package: 35.02 LPA
• Batch Size: 180 Students

25. Indian Institute of Management Raipur (IIM Raipur)

Indian Institute of Management Raipur (IIM Raipur) was set up by the Government of India, Ministry of Education in 2010 at Raipur, the capital of Chhattisgarh. The IIM Raipur campus is situated across 203 acres in Atal Nagar, Naya Raipur. The institute offers programs in Doctor of Philosophy (PhD); Post Graduate (PGP); Executive Post Graduate Program(ePGP).

• Fees: 18 lakhs
• Average Package: 18.15 LPA
• Highest Package: 43.43 LPA
• Batch Size: 328 Students

26. Institute of Management Technology (IMT), Ghaziabad

IMT Ghaziabad has been consistently ranked amongst the best MBA colleges in India(Delhi NCR). The institute’s USP is the specialization and placements that the institute provides for Marketing, with top recruiters visiting the campus each year to hire Marketing professionals. The institute is known for its 2-year flagship Post Graduate Diploma In Management program, which is equivalent to an MBA.

• Fees: 21.53 lakhs
• Average Package: 16.25 LPA
• Highest Package: 65.50 LPA
• Batch Size: 600 Students

27. Indian Institute of Management Ranchi (IIM Ranchi)

Established in 2009, Over the years IIM Ranchi has quickly gained recognition for its academic excellence, multiple programmes and impressive placement records. Its main campus is located at Prabandhan Nagar, Nayasarai, Ranchi. IIM Ranchi offers courses in MBA; MBA-HR; MBA-BA; Executive MBA.

• Fees: 19.20 lakhs
• Average Package: 19.29 LPA
• Highest Package: 35.50 LPA
• Batch Size: 250 Students

28. Xavier Institute of Management Bhubaneswar (XIMB)

Xavier Institute of Management, Bhubaneswar (XIMB) is amongst the top MBA Colleges in India, located in Bhubaneswar, the capital of the eastern Indian state of Odisha. The Institute offers courses in Master of Business Administration(MBA) in Business Management;
Executive Master of Business Administration(MBA) in Business Management for Working Executives (EMBA-BM); Executive Post Graduate Diploma in Management through Virtual Interactive Learning (EPCDM-VIL).

• Fees: 25.40 lakhs
• Average Package: 19.53 LPA
• Highest Package: 71.51 LPA
• Batch Size: 364 Students

29. Indian Institute of Management Trichy (IIM Trichy)

IIM Tiruchirappalli (Trichy) was founded on 4th January 2011. The campus of the Indian Institute of Management Tiruchirappalli is located on 172.27 acres (69.72 ha) of land on the Tiruchirappalli-Pudukkottai highway. The institute offers courses in PGPM (MBA); PGPM-HR (MBA-HR); Ph.D (Doctoral Programme); Executive PhD (Executive Doctoral Programme); PGPBM (Executive MBA).

• Fees: 21 lakhs
• Average Package: 19.43 LPA
• Highest Package: 41.61 LPA
• Batch Size: 350 Students

BEST MBA Colleges in India: CATEGORY 5

30. Indian Institute of Management Nagpur (IIM Nagpur)

IIM Nagpur was established in 2015 as the first of the third-generation IIMs, by the Ministry of Education, Govt. of India for the state of Maharashtra. It is one of the fastest growing MBA Colleges in India. IIM Nagpur is spread across 132 acres of land. It offers courses in MBA; PhD; PhD (Executive); Executive MBA at the Main campus; AND Executive MBA at the Pune Campus.

• Fees: 21.5 lakhs
• Average Package: 18.07 LPA
• Highest Package: 64 LPA
• Batch Size: 260 Students

31. Indian Institute of Management Sambalpur (IIM Sambalpur)

IIM Sambalpur was established in August 2015 as one of the Indian Institutes of Management. IIM Sambalpur is functioning from its permanent campus. The Government of Odisha has selected 237 acres (960,000 m2) of land for the construction of the permanent campus of IIM Sambalpur at Basantpur. It offers mainly four courses, the Post-Graduate Programme (PGP) in Management, Executive Post Graduate Program (EPGP), PhD and Executive PhD Programme in Management.

• Fees: 21 lakhs
• Average Package: 15.65 LPA
• Highest Package: 64.61 LPA
• Batch Size: 320 Students

32. Indian Institute of Management Visakhapatnam (IIMV)

IIM Visakhapatnam is considered to be one of the best MBA Colleges in India. The government of Andhra Pradesh has allotted 241.50 acres of land located at Gambheeram Village of Anandapuram Mandal to IIM Visakhapatnam. It offers various post-graduation courses such as a Doctoral Program (PhD); Executive PhD Program (Exec-PhD); Post-Doctoral Fellowship Program (PDF); Post Graduate Program (PGP); Post Graduate Program for Experienced Professionals (PGPEx); Post Graduate Program in Digital Governance and Management (PGPDGM); Executive Master of Business Administration (EMBA) for Working Professionals; Post-Graduate Program in Management for the Centrally Funded Technical Institutions, Institutions of National Importance (PGPMCI)

• Fees: 20.51 lakhs
• Average Package: 16.40 LPA
• Highest Package: 43.25 LPA
• Batch Size: 340 Students

33. Indian Institute of Management Kashipur (IIM–Ka)

The Indian Institute of Management Kashipur is a second-generation IIM set up by the Government of India in 2011. It is considered among the best MBA Colleges in India. The institute is famous for its Business Analytics Course. Other than this the institute offers courses in MBA; Executive MBA; and Doctoral Programs.

• Fees: 17.30 lakhs
• Average Package: 15.04 LPA
• Highest Package: 37 LPA
• Batch Size: 171 Students

34. MICA Ahmedabad

MICA Ahmedabad was established in 1991, located on the outskirts of Ahmedabad. MICA is known to be the best MBA Colleges in India for Advertisement and Marketing Communication. The Institute offers Residental programs in PGP, FPM and CCC. Other than this the institute offers other online certifications.

• Fees: 28 lakhs
• Average Package: 19.22 LPA
• Highest Package: 36 LPA
• Batch Size: 235 Students

35. Indian Institute of Management Rohtak (IIM Rohtak)

Further discussing One of the best MBA colleges in India, the Indian Institute of Management Rohtak established by the Ministry of Education, Government of India-wide IIM Act 2017. IIM Rohtak is an institute of national importance. It is located within the National Capital Region (NCR) of India. With a campus spread over an area of 200 acres is strategically located on National Highway – 10 and is well connected to Delhi.

IIM Rohtak has been ranked 12th in the NIRF Ranking of Management category. It provides a full-time PGP/ MBA course for a duration of two years.

• Fees: 17.90 lakh
• Average Package: 18.73 LPA
• Highest Package: 36 LPA
• Batch Size: 350 Students

36. Indian Institute of Technology Kanpur (IIT–K)

MBA at IIT Kanpur Started in the year 2001. The MBA course of the institute has been ranked by various agencies. Under the ‘Management Category’, NIRF ranked IIT Kanpur at 23rd position in 2023 rankings. The institute has a small batch size and also has a great return on investment.

• Fees: 7.05 lakhs
• Average Package: 17.2 LPA
• Highest Package: 24 LPA
• Batch Size: 78 Students

37. MHRM, Indian Institute of Technology, Kharagpur

IIT Kharagpur Uesd to provide tech courses in Human Resource Development since 1982. With the objective to meet the demands of contemporary business, it restructured the course and has been offering it as Master of Human Resource Management (MHRM) since July 2010. This college can be considered among the best MBA Colleges in India, Considering the ROI it provides.

• Fees: 12.94 lakhs
• Average Package: 22.75 LPA
• Highest Package: 23 LPA
• Batch Size: 200 Students

38. Department of Financial Studies (DFS), University of Delhi, South Campus

Next in the list of Best MBA colleges in India, is the Department of Financial Studies (DFS) which is a department of the University of Delhi offering programs in finance. Tracing its roots in the Delhi School of Economics, the DFS was carved out of the Department of Commerce of the university in 1987 to provide training in the field of finance. The DFS is located at the South Campus of the university.

• Fees: 97 K
• Average Package: 19.12 LPA
• Highest Package: 32 LPA
• Batch Size: Around 62 Students

39. Indian Institute of Management Udaipur (IIMU)

IIM Udaipur is a second-generation IIM and it is one of the fastest-growing management schools in the country. It was set up by the Indian Government in 2011. The institute offers a wide range of programs particularly known as the MBA Program; EMBA – Executive MBA Program; One-Year MBA – Global Supply Chain Management; One-Year MBA – Digital Enterprise Management

• Fees: 21.33 lakhs
• Average Package: 18.77 LPA
• Highest Package: 43.76 LPA
• Batch Size: 368 Students

40. Indian Institute of Management Amritsar (IIM Amritsar)

IIM Amritsar was established in the year 2015 by the Government of India as the country’s 15th IIM of the country. Given the rate of growth of this Institute, soon it will be considered among the best MBA Colleges in India. The institute offers MBA; MBABA; MBA HR; Doctoral Programs; and Executive MBA.

• Fees: 21.5 lakhs
• Average Package: 19.73 LPA (top 25%)
• Highest Package: 36.25 LPA
• Batch Size: 257 Students

41. International Management Institute (IMI), New Delhi

IMI New Delhi was set up in the year 1981 and is India’s first corporate-sponsored business school. The Institute offers AICTE-approved, two-year Post Graduate Diploma in Management (PGDM), PGDM (HRM), PGDM (B&FS), the 18-month PGDM for experienced professionals, and the Fellow Programme in Management (FPM). Owing to its location, the Institute enjoys strong industry linkages with organizations across sectors such as IT, Consulting, Financial Services, Consumer Goods, E-commerce, and Automotive.

• Fees: 23.54 lakhs
• Average Package: 16.73 LPA
• Highest Package: 50 LPA
• Batch Size: 341 Students

42. T.A. Pai Management Institute (TAPMI), Manipal

T.A. Pai Management Institute (TAPMI) is a private autonomous business school in India. It was established in the year 1980 and is located in the university town of Manipal in Karnataka. TAPMI offers six post-graduate management programs, MBA; MBA-BKFS; MBA-HRM; MBA-Marketing; MBA-IB; and MBA-Technology Management.

• Fees: 19.5 lakhs
• Average Package: 13.99 LPA
• Highest Package: 24.80 LPA
• Batch Size: 420 Students

TOP MBA COLLEGES IN INDIA: CATEGORY 6

43. Department of Management Studies (DoMS), Indian Institute of Technology Madras (IITM)

Department of Management Studies (DoMS), IIT Madras was established in the year 2004 as a home to the popular Master in Business Administration course being taught since August 2001. The institute offers courses in MBA; EMBA; Research Programmes; PGPEX-VLM-Programme; and Management Development Programme (MDP).

• Fees: 12.26 lakhs
• Average Package: 17.9 LPA
• Highest Package: 30.60 LPA
• Batch Size: 100 Students

44. Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE), Mumbai

Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) was founded in the year 1983. In keeping with the rich Sydenham tradition of imparting high-quality education, SIMSREE has endeavoured to produce global managers of shining excellence. SIMSREE stands as one of the most popular management institutes in India, located at Churchgate, Mumbai in the heart of the financial capital of the country. SIMSREE is considered the 2nd best in terms of RoI, that is the reason it is counted among the best MBA colleges in India.

• Fees: 1.34 lakhs
• Average Package: 12.30 LPA
• Highest Package: 25 LPA
• Batch Size: 179 Students

45. Goa Institute of Management (GIM), Goa

GIM Goa was founded in 1993 by Romuald D’Souza, a Jesuit priest. The GIM Campus is located in North Goa district in the state of Goa. GIM is counted among the best MBA colleges in India. The institute offers a full-time MBA program (2 years), PGDM -Healthcare Management Programme (HCM-2 years), PGDM in Big Data Analytics (BDA – 2 years), PGDM in Banking, Insurance & Financial Services (BFIS-2 years) and part-time Executive MBA (3 years). It has a full-time “Fellow Programme in Management” (FPM) which is a doctoral programme ideal for individuals seeking academic research and teaching careers as faculty or professors.

• Fees: 21.45 lakhs
• Average Package: 15.13 LPA
• Highest Package: 55 LPA
• Batch Size: 300 Students

46. Department of Business Economics, South Campus, University of Delhi

Department of Business Economics, University of Delhi is a public MBA college situated in New Delhi, India. The college was established in 1973 and affiliated to the University of Delhi. DBE DU offers courses at the postgraduate level. DBE DU PG courses include an MBA in Business Economics and an MBA in Finance.

• Fees: 48.5 k
• Average Package: 12.00 LPA
• Highest Package: 21.5 LPA
• Batch Size: around 80 Students

47. Symbiosis Institute of Operations Management (SIOM), Nashik

Symbiosis Institute of Operations Management, Nashik is an AICTE-approved private institute for higher education in Nashik, Maharashtra, it was established in the year 2005. SIOM Nashik offers an MBA in Operations Management and Agriculture.

• Fees: 13.20 lakhs
• Average Package: 11.25 LPA
• Highest Package: 30 LPA
• Batch Size: 145 Students

48. University Business School (UBS), Punjab University, Chandigarh

University Business School (UBS), Panjab University was established in the year 1995. It is a well-known MBA College in India. It offers courses in MBA/PGDM; and Executive MBA/PGDM.

• Fees: 2.25 lakhs
• Average Package: 13.72 LPA
• Highest Package: 58.48 LPA
• Batch Size: 146 Students

49. Narsee Monjee Institute of Management Studies (NMIMS), Bengaluru

NMIMS Bangalore was established in 2008. The Bangalore campus of NMIMS is the youngest B-School to be accredited with AMBA. It offers specializations in the fields of Finance, Marketing, Operations and HR, and Analytics.

• Fees: 20 lakhs
• Average Package: 14 LPA
• Highest Package: 19.70 LPA
• Batch Size: 164 Students

50. FORE School of Management, New Delhi

The Foundation for Organisational Research and Education (FORE) is committed to the advancement of Management Education, Research, Training and Consultancy. Incorporated in 1981, as a non-profit institution, FORE has been working with industry and academia to develop new domains of managerial thought and education and contributing to building leaders in today’s global business environment.

FORE School of Management is amongst the best MBA colleges in India and offers popular AICTE-approved PGDM, PGDM (IB), PGDM (FM), and PGDM (BDA) programs with dual specialization.

• Fees: 20.77 lakhs
• Average Package: 16.8 LPA
• Highest Package: 30 LPA
• Batch Size: 400 Students

Also Check: Top IIMs in India

Best MBA Colleges in India with Low Fee Structure

This section is covering the low fees MBA colleges in India where FMS Delhi having a fee structure of 2.32 lakhs with 34.10 LPA of average package, TISS Mumbai is better known for its HRM & LR programs along with that covering 28 LPA average package. The complete information about the best MBA colleges in India with low fees is mentioned in the table below.

MBA Colleges in India	Exam(s) Accepted	Fees	Average Package
FMS Delhi	CAT	Rs. 2.32 Lakhs	Rs. 34.10 LPA
TISS Mumbai (HRM & LR)	CUET-PG	Rs. 1.85 Lakhs	Rs. 28 LPA
SIMSREE Mumbai	CAT, CMAT, MAHCET	Rs. 1.34 Lakh	Rs. 12.30 LPA
UBS Chandigarh	CAT	Rs. 2.25 Lakhs	Rs. 13.72 LPA
DFS (University of Delhi)	CAT	Rs. 0.97 Lakh	Rs. 19.12 LPA
DBE (University of Delhi)	CAT	Rs. 0.48 Lakh	Rs. 12.00 LPA
DMS IIT Delhi	CAT	Rs. 12 Lakhs	Rs. 23.40 LPA
VGSoM IIT Kharagpur	CAT	Rs. 12.94 Lakhs	Rs. 22.75 LPA
DoMS IIT Madras	CAT	Rs. 12.26 Lakhs	Rs. 17.90 LPA
IIT Kanpur (MBA)	CAT	Rs. 7.05 Lakhs	Rs. 17.20 LPA
MHRM, IIT Kharagpur	CAT	Rs. 12.94 Lakhs	Rs. 22.75 LPA
IIT Roorkee (DoMS)	CAT	Rs. 8–10 Lakhs	Rs. 16–18 LPA*

Best MBA Colleges in India without CAT

There are some top MBA colleges in India which accepts other entrance exams apart from CAT. The entrance exams include GMAT, XAT, NMAT, SNAP, MICAT, CMAT and more. The complete information of best MBA colleges in India without CAT is mentioned in the table below and covering colleges like ISB Hyderabad which accepts GMAT, XLRI Jamshedpur accepts XAT, NMIMS Mumbai accepts and more.

MBA College	Exam(s) Accepted	Fees	Average Package
ISB Hyderabad	GMAT	Rs. 38.67 Lakhs	Rs. 34.21 LPA
XLRI Jamshedpur	XAT	Rs. 30.6 Lakhs	Rs. 26.38 LPA
SPJIMR Mumbai	GMAT	Rs. 22.66 Lakhs	Rs. 32.10 LPA
NMIMS Mumbai	NMAT	Rs. 27 Lakhs	Rs. 25.13 LPA
NMIMS Bengaluru	NMAT	Rs. 20 Lakhs	Rs. 14 LPA
SIBM Pune	SNAP	Rs. 27.77 Lakhs	Rs. 28.83 LPA
SCMHRD Pune	SNAP	Rs. 27.06 Lakhs	Rs. 22.16 LPA
SIOM Nashik	SNAP	Rs. 13.20 Lakhs	Rs. 11.25 LPA
MICA Ahmedabad	XAT / GMAT / MICAT	Rs. 28 Lakhs	Rs. 19.22 LPA
IMT Ghaziabad	XAT / GMAT / CMAT	Rs. 21.53 Lakhs	Rs. 16.25 LPA
GIM Goa	XAT / GMAT	Rs. 21.45 Lakhs	Rs. 15.13 LPA
GLIM Chennai	XAT / GMAT / CMAT	Rs. 21.63 Lakhs	Rs. 15.10 LPA
XIMB Bhubaneswar	XAT / XGMT	Rs. 25.40 Lakhs	Rs. 19.53 LPA
TAPMI Manipal	NMAT / XAT / GMAT	Rs. 19.5 Lakhs	Rs. 13.99 LPA
FORE School of Management, Delhi	XAT / GMAT	Rs. 20.77 Lakhs	Rs. 16.8 LPA

Top MBA Colleges in India (Placement-Wise)

Placements are the key factors to choose top MBA colleges in India. According to the official report, IIM Ahmedabad has the average package of around Rs. 35.50 LPA, IIM Bangalore has an average package around Rs. 34.88 LPA and more. The detailed information for the same is mentioned in the table given below.

Rank	Top MBA Colleges in India	Exam(s) Accepted	Fees	Average Package
1	IIM Ahmedabad	CAT	Rs. 27.5 Lakhs	Rs. 35.50 LPA
2	IIM Bangalore	CAT	Rs. 26.30 Lakhs	Rs. 34.88 LPA
3	IIM Calcutta	CAT	Rs. 27 Lakhs	Rs. 34.23 LPA
4	ISB Hyderabad	GMAT	Rs. 38.67 Lakhs	Rs. 34.21 LPA
5	FMS Delhi	CAT	Rs. 2.32 Lakhs	Rs. 34.10 LPA
6	IIM Mumbai (NITIE)	CAT	Rs. 21 Lakhs	Rs. 33.84 LPA (Top 50% batch)
7	IIM Lucknow	CAT	Rs. 20.75 Lakhs	Rs. 32.30 LPA
8	SPJIMR Mumbai	CAT / GMAT	Rs. 22.66 Lakhs	Rs. 32.10 LPA
9	IIM Kozhikode	CAT	Rs. 23.50 Lakhs	Rs. 28.05 LPA
10	TISS Mumbai (HRM & LR)	CUET-PG	Rs. 1.85 Lakhs	Rs. 28 LPA
11	SIBM Pune	SNAP	Rs. 27.77 Lakhs	Rs. 28.83 LPA
12	IIFT Delhi	CAT	Rs. 21.82 Lakhs	Rs. 27.30 LPA
13	XLRI Jamshedpur	XAT	Rs. 30.6 Lakhs	Rs. 26.38 LPA
14	JBIMS Mumbai	CAT / CMAT / MAHCET	Rs. 8.13 Lakhs	Rs. 26.12 LPA
15	IIM Shillong	CAT	Rs. 26.18 Lakhs	Rs. 26.44 LPA
16	NMIMS Mumbai	NMAT	Rs. 27 Lakhs	Rs. 25.13 LPA
17	SJMSOM (IIT Bombay)	CAT	Rs. 15.21 Lakhs	Rs. 25.82 LPA
18	MDI Gurugram	CAT	Rs. 25.9 Lakhs	Rs. 26.20 LPA
19	DMS IIT Delhi	CAT	Rs. 12 Lakhs	Rs. 23.40 LPA
20	VGSoM IIT Kharagpur	CAT	Rs. 12.94 Lakhs	Rs. 22.75 LPA

Top Private MBA Colleges in India

Rank	MBA College	Exam(s) Accepted	Fees	Average Package
1	ISB Hyderabad	GMAT	Rs. 38.67 Lakhs	Rs. 34.21 LPA
2	XLRI Jamshedpur	XAT	Rs. 30.6 Lakhs	Rs. 26.38 LPA
3	SPJIMR Mumbai	CAT / GMAT	Rs. 22.66 Lakhs	Rs. 32.10 LPA
4	MDI Gurugram	CAT	Rs. 25.9 Lakhs	Rs. 26.20 LPA
5	NMIMS Mumbai	NMAT	Rs. 27 Lakhs	Rs. 25.13 LPA
6	SIBM Pune	SNAP	Rs. 27.77 Lakhs	Rs. 28.83 LPA
7	SCMHRD Pune	SNAP	Rs. 27.06 Lakhs	Rs. 22.16 LPA
8	MICA Ahmedabad	XAT / GMAT / MICAT	Rs. 28 Lakhs	Rs. 19.22 LPA
9	IMT Ghaziabad	CAT / XAT / GMAT	Rs. 21.53 Lakhs	Rs. 16.25 LPA
10	GIM Goa	XAT / GMAT	Rs. 21.45 Lakhs	Rs. 15.13 LPA
11	FORE School of Management, Delhi	CAT / XAT	Rs. 20.77 Lakhs	Rs. 16.8 LPA
12	TAPMI Manipal	CAT / XAT / NMAT / GMAT	Rs. 19.5 Lakhs	Rs. 13.99 LPA
13	GLIM Chennai	CAT / XAT / GMAT	Rs. 21.63 Lakhs	Rs. 15.10 LPA
14	SIOM Nashik	SNAP	Rs. 13.20 Lakhs	Rs. 11.25 LPA
15	KJ Somaiya Institute of Management, Mumbai	CAT / NMAT / CMAT / GMAT	Rs. 17.75 Lakhs	Rs. 13.25 LPA
16	Welingkar Institute of Management (WeSchool), Mumbai	CAT / CMAT / XAT / ATMA	Rs. 13 Lakhs	Rs. 12.5 LPA
17	IFMR GSB (Krea University), Chennai	CAT / XAT / NMAT / GMAT	Rs. 14.56 Lakhs	Rs. 13.3 LPA
18	BITS School of Management (BITSoM), Mumbai	GMAT / GRE / CAT	Rs. 27.5 Lakhs	Rs. 25.9 LPA
19	XIME Bangalore	CAT / XAT / CMAT / MAT	Rs. 12 Lakhs	Rs. 10 LPA
20	Amity Business School, Noida	CAT / MAT / XAT	Rs. 15.6 Lakhs	Rs. 9.2 LPA

Top Government MBA Colleges in India

Rank	College Name	Location
1	Indian Institute of Management Ahmedabad (IIM Ahmedabad)	Ahmedabad, Gujarat
2	Indian Institute of Management Bangalore (IIM Bangalore)	Bengaluru, Karnataka
3	Indian Institute of Management Calcutta (IIM Calcutta)	Kolkata, West Bengal
4	Indian Institute of Management Lucknow (IIM Lucknow)	Lucknow, Uttar Pradesh
5	Indian Institute of Management Indore (IIM Indore)	Indore, Madhya Pradesh
6	Indian Institute of Management Kozhikode (IIM Kozhikode)	Kozhikode, Kerala
7	Indian Institute of Management Shillong (IIM Shillong)	Shillong, Meghalaya
8	Indian Institute of Management Tiruchirappalli (IIM Tiruchirappalli)	Tiruchirappalli, Tamil Nadu
9	Indian Institute of Management Udaipur (IIM Udaipur)	Udaipur, Rajasthan
10	Indian Institute of Management Ranchi (IIM Ranchi)	Ranchi, Jharkhand

Top MBA Colleges in India – Tier 1, Tier 2 & Tier 3

Tier 1 MBA Colleges in India

College Name	City	State	NIRF 2025 Rank
IIM Ahmedabad	Ahmedabad	Gujarat	1
IIM Bangalore	Bengaluru	Karnataka	2
IIM Calcutta	Kolkata	West Bengal	7
ISB Hyderabad	Hyderabad	Telangana	Not Ranked (Private)
XLRI Jamshedpur	Jamshedpur	Jharkhand	10
IIM Lucknow	Lucknow	Uttar Pradesh	5
FMS Delhi	Delhi	Delhi	Not Ranked
SPJIMR Mumbai	Mumbai	Maharashtra	20
IIM Kozhikode	Kozhikode	Kerala	3
IIM Indore	Indore	Madhya Pradesh	8
MDI Gurugram	Gurugram	Haryana	9
IIM Mumbai (IIMB M)	Mumbai	Maharashtra	6
IIFT Delhi	Delhi	Delhi	17
SJMSOM (IIT Bombay)	Mumbai	Maharashtra	Not Ranked

Tier 2 MBA Colleges in India

College Name	City	State	NIRF 2025 Rank
IIM Raipur	Raipur	Chhattisgarh	15
IIM Trichy (IIM Tiruchirappalli)	Tiruchirappalli	Tamil Nadu	16
IIM Udaipur	Udaipur	Rajasthan	21
IIM Rohtak	Rohtak	Haryana	19
IIM Nagpur	Nagpur	Maharashtra	25
IIM Visakhapatnam	Visakhapatnam	Andhra Pradesh	29
IIM Bodh Gaya	Gaya	Bihar	31
IIM Kashipur	Kashipur	Uttarakhand	23
NMIMS Mumbai	Mumbai	Maharashtra	24
MICA Ahmedabad	Ahmedabad	Gujarat	33
IMT Ghaziabad	Ghaziabad	Uttar Pradesh	30
IIM Sambalpur	Sambalpur	Odisha	34
T.A. Pai Management Institute (TAPMI)	Manipal	Karnataka	39
IMI Delhi	New Delhi	Delhi	40
XIM Bhubaneswar	Bhubaneswar	Odisha	45
SIBM Pune (Symbiosis Institute of Business Management)	Pune	Maharashtra	11
IIFT Kolkata	Kolkata	West Bengal	Not Ranked

Tier 3 MBA Colleges in India

College Name	City	State	NIRF 2025 Rank
IIM Amritsar	Amritsar	Punjab	64
IMT Hyderabad	Hyderabad	Telangana	72
IIM Jammu	Jammu	Jammu & Kashmir	35
DoMS IIT Madras	Chennai	Tamil Nadu	13
GLIM Goa	Goa	Goa	43
SCMHRD Pune	Pune	Maharashtra	11
IIM Rohtak	Rohtak	Haryana	19
IIM Trichy (lower batch)	Tiruchirappalli	Tamil Nadu	16
IMT Ghaziabad (lower batch)	Ghaziabad	Uttar Pradesh	30
SIBM Bengaluru	Bengaluru	Karnataka	24
FORE New Delhi	New Delhi	Delhi	59
NMIMS Bengaluru	Bengaluru	Karnataka	50
MICA Ahmedabad (lower batch)	Ahmedabad	Gujarat	33
SIMSREE Mumbai	Mumbai	Maharashtra	Not Ranked
DMS Delhi	Delhi	Delhi	Not Ranked
JBIMS Mumbai (lower batch)	Mumbai	Maharashtra	20

Integrated MBA Colleges in India

College Name	City	State	Program Type / Notes
IIM Indore	Indore	Madhya Pradesh	5-Year Integrated Programme in Management (IPM)
IIM Rohtak	Rohtak	Haryana	5-Year Integrated Programme in Management (IPM)
IIM Ranchi	Ranchi	Jharkhand	5-Year IPM program
IIM Bodh Gaya	Gaya	Bihar	5-Year IPM program
IIM Jammu	Jammu	Jammu & Kashmir	5-Year IPM program
IIM Udaipur	Udaipur	Rajasthan	5-Year IPM program
IIM Kozhikode	Kozhikode	Kerala	5-Year IPM program
IIM Sambalpur	Sambalpur	Odisha	5-Year IPM program

Top Executive MBA Colleges in India

College Name	City	State	Program / Notes	NIRF 2025 Rank
IIM Ahmedabad	Ahmedabad	Gujarat	Executive Post Graduate Programme in Management (PGPX)	1
IIM Bangalore	Bengaluru	Karnataka	Executive Post Graduate Programme in Management (EPGP)	2
IIM Calcutta	Kolkata	West Bengal	Post Graduate Programme for Executives (PGPEX)	7
IIM Lucknow	Lucknow	Uttar Pradesh	Post Graduate Programme for Executives (PGP-Ex)	5
IIM Kozhikode	Kozhikode	Kerala	Executive Post Graduate Programme (EPGP)	3
IIM Indore	Indore	Madhya Pradesh	Executive Post Graduate Programme (EPGP)	8
IIM Udaipur	Udaipur	Rajasthan	Executive MBA (PGPX)	21
IIM Rohtak	Rohtak	Haryana	Executive MBA (EPGP)	19
XLRI Jamshedpur	Jamshedpur	Jharkhand	Executive Diploma / General Management	10
SPJIMR Mumbai	Mumbai	Maharashtra	PGDM – Executive / Global Executive MBA	20
ISB Hyderabad	Hyderabad	Telangana	Post Graduate Programme in Management for Senior Executives (PGPMAX)	Not Ranked (Private)
IIFT Delhi	New Delhi	Delhi	Executive MBA in International Business	17

MBA Specialization: Top MBA Colleges in India

Best MBA Colleges in India	Flagship / Popular Specializations
IIM Ahmedabad	General Management, Finance, Marketing, Strategy, Operations, Entrepreneurship
IIM Bangalore	Strategy, Finance, Marketing, Operations, Human Resource Management
IIM Calcutta	Finance, Analytics, Operations, Marketing
IIM Lucknow	Marketing, Finance, HR, Operations, Strategy
IIM Kozhikode	Marketing, Analytics, Finance, Operations, HR
IIM Indore	Marketing, Finance, HR, Strategy, Analytics
IIM Shillong	Sustainability, Marketing, Finance, HR
FMS Delhi	Marketing, Finance, Strategy, HR, Operations
XLRI Jamshedpur	HRM, Business Management (Finance, Marketing, Strategy)
SPJIMR Mumbai	Marketing, Finance, Operations, Information Management
MDI Gurugram	HR, Marketing, Finance, Operations, Analytics
ISB Hyderabad	Strategy, Marketing, Finance, Operations, IT Management, Entrepreneurship
IIFT Delhi / Kolkata	International Business, Trade & Logistics, Finance
TISS Mumbai (HRM & LR)	Human Resource Management & Labour Relations
NMIMS Mumbai	Finance, Marketing, HR, Operations, Business Analytics
SIBM Pune	Marketing, HR, Finance, Operations
SCMHRD Pune	HR, Marketing, Operations, Finance, Business Analytics
MICA Ahmedabad	Strategic Marketing, Brand Management, Media & Communication
SJMSOM (IIT Bombay)	Analytics, Operations, Finance, Marketing, Strategy
DMS IIT Delhi	Strategy, Analytics, Operations, IT Management, Finance

Top MBA Colleges in India with Executive MBA Program

Serial No	College	Executive MBA Program
1	Indian Institute of Management Ahmedabad (IIMA)	MBA-PGPX (for Executives)
2	Indian Institute of Management Bangalore (IIMB)	EPGP / PGPEM (Exec)
3	Indian School of Business (ISB)	PGPpro / PGP-MAX (Exec)
4	Indian Institute of Management Calcutta (IIMC)	MBA-Ex / Executive MBA
5	Indian Institute of Management Indore (IIMI)	EPGP (Exec)
6	Indian Institute of Management Kozhikode (IIMK)	EPGP / PGP-BL (Exec)
7	Xavier School of Management (XLRI Jamshedpur)	PGDM (GM) Executive / ExPGDM
8	Faculty of Management Studies, University of Delhi (FMS Delhi)	MBA Executive
9	S. P. Jain Institute of Management & Research (SPJIMR Mumbai)	PGPM-Exec / EMBA
10	Management Development Institute (Gurgaon) (MDI)	PGDM-EMP / Executive MBA
11	Institute of Management Technology, Ghaziabad (IMT Ghaziabad)	PGDM Executive
12	Great Lakes Institute of Management, Chennai	PGPX/PGXPM (Exec)
13	Indian Institute of Management Lucknow (IIML)	WMP / PGPWE (Exec)
14	Indian Institute of Management Udaipur	Executive MBA (Exec)
15	Symbiosis Institute of Management Studies, Pune	MBA Executive
16	Indian Institute of Foreign Trade, Delhi (IIFT)	EPGDIB / Exec MBA weekend
17	NMIMS School of Business Management, Mumbai	EMBA (Exec)
18	Mahindra University, Hyderabad	Executive MBA (EMBA)
19	Indian Institute of Technology Delhi (IIT Delhi)	Executive MBA (Non-Residential)
20	Indian Institute of Management Shillong	Working Managers Programme / Exec MBA
21	Indian Institute of Management Nagpur	Executive MBA Program
22	Indian Institute of Management Kashipur	Executive MBA / Weekend Exec
23	Indian Institute of Management Visakhapatnam	Executive MBA (EMBA)
24	Indian Institute of Management Ranchi	Executive MBA (EMBA)
25	Indian Institute of Management Jammu	Executive MBA (EMBA)
26	International Management Institute, New Delhi (IMI)	PGDM Exec / Exec MBA
27	SP Jain School of Global Management, Bengaluru	E-MBA / Exec MBA
28	Vinod Gupta School of Management, IIT Kharagpur (VGSOM)	Exec MBA weekend
29	Goa Institute of Management, Goa (GIM)	Part-Time Executive MBA
30	Indus University, Ahmedabad	Executive MBA Program
31	KJ Somaiya Institute of Management Studies & Research, Mumbai	Executive MBA
32	Jamnalal Bajaj Institute of Management Studies, Mumbai (JBIMS)	Executive MBA / Part-Time MBA Exec
33	T. A. Pai Management Institute (TAPMI), Manipal	Executive MBA Weekend
34	Institute of Public Enterprise (Hyderabad)	Executive MBA
35	Loyola Institute of Business Administration (LIBA), Chennai	Executive MBA
36	Christ University Institute of Management, Bengaluru	Executive MBA
37	Birla Institute of Technology & Science (BITS), Pilani – Goa Campus	Executive MBA
38	OM — Sakhiya School of Business (OSB), Ahmedabad	Executive MBA
39	Jamia Millia Islamia, Department of Business Studies, Delhi	Executive MBA Program
40	Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)	Executive MBA Program
41	ICFAI Business School, Hyderabad	Executive MBA
42	Symbiosis Centre for Management & Human Resource Development (SCMHRD), Pune	Executive MBA / Weekends
43	Xavier University Bhubaneswar – Xavier School of Management	Executive MBA
44	Institute of Actuaries & Management, Mumbai	Executive MBA
45	Institute of Management, Nirma University, Ahmedabad	Executive MBA
46	Sikkim Manipal University, School of Management Studies	Executive MBA
47	Dr. D. Y. Patil Institute of Management & Research, Pune	Executive MBA
48	Symbiosis Institute of Technology, Pune	Executive MBA
49	Bharath Institute of Management, Chennai	Executive MBA
50	Ravenshaw University – School of Management Studies, Cuttack	Executive MBA

Conclusion: Top MBA Colleges in India

Indian Institutes of Management are considered as the top MBA colleges in India in terms of average packages, highest package and median salary packages, campus facilities, faculties, international exchange programs, top recruiters and more. The list of top MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, ISB Hyderabad, XLRI Jamshedpur, IIM Lucknow, FMS Delhi, SPJIMR Mumbai, IIM Kozhikode, IIM Indore, JBIMS Mumbai, MDI Gurugram, IIM Mumbai, IIFT Delhi, SJMSOM (IIT Bombay), TISS Mumbai (HRM & LR), SIBM Pune, IIFT Kolkata, IIM Shillong, NMIMS Mumbai, DMS (IIT Delhi), VGSOM (IIT Kharagpur), GLIM Chennai, SCMHRD Pune, IIM Raipur, IMT Ghaziabad, IIM Ranchi, XIMB Bhubaneswar, IIM Trichy, IIM Nagpur, IIM Sambalpur, IIM Visakhapatnam, IIM Kashipur, MICA Ahmedabad, IIM Rohtak, IIT Kanpur, MHRM (IIT Kharagpur), DFS (University of Delhi), IIM Udaipur, IIM Amritsar, IMI Delhi, TAPMI Manipal, DoMS (IIT Madras), SIMSREE Mumbai, GIM Goa, DBE (University of Delhi), SIOM Nashik, UBS Chandigarh, NMIMS Bengaluru, FORE New Delhi.

Candidate should know about the top MBA colleges in India to get the fair chances while selecting the colleges to pursue MBA program in India.

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