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Top 50 Best MBA Colleges in India: Fees, Placement & Exam

An MBA is one of the most sought-after postgraduate courses worldwide. For many professionals, getting an MBA seems like the next logical step in advancing their careers. The benefits of an MBA are applicable regardless of your industry. Top MBA colleges in India include not only 22 IIMs but also many other prominent 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 Tuition fees, average and highest placements and batch size. The MBA Colleges have been categorized according to their relative importance.

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 degree.

MBA Entrance exams

List of Top MBA Colleges in India

There are many MBA colleges in India. Here, we have mentioned the Top B-schools you can aim for, if you are looking for MBA colleges in India.

CollegesExam AcceptedFeesAvg. Packages
IIM AhmedabadCAT25 lakh34.36 LPA
IIM BangaloreCAT24.5 lakh35.31 LPA
IIM CalcuttaCAT31 lakh35.07 LPA
ISB HyderabadGMAT17.15 lakh34.08 LPA
XLRI JamshedpurXAT25.8 lakh29.89 LPA
IIM LucknowCAT20.7 lakh32.20 LPA
FMS DelhiCAT2 lakh34.20 LPA
SPJIMR MumbaiCAT, GMAT24 lakh33 LPA
IIM KozhikodeCAT22.5 lakh29.23 LPA
IIM IndoreCAT25 lakh25.01 LPA
JBIMS MumbaiCAT, CMAT, GMAT, MAT, MAHCET6 lakh28.02 LPA
MDI GurugramCAT25 lakh27.67 LPA
IIM MumbaiCAT21 lakh27.75 LPA
IIFT DelhiCAT21.77 lakh29.10 LPA
SJMSOM (IITB)CAT14 lakh28.88 LPA
TISS Mumbai(HRM & LR)CUET-PG1.85 lakh27.22 LPA
SIBM PuneSNAP22.20 lakh28.16 LPA
IIFT KolkataCAT21 lakh29.10 LPA
IIM ShillongCAT17.5 lakh26.96 LPA
NMIMS MumbaiNMAT23.90 lakh26.63 LPA
DMS (IITD)CAT11.2 lakh25.82 LPA
VGSOM (IIT-KGP)CAT9.08 lakh22.13 LPA
GLIM ChennaiCAT, XAT, GMAT, CMAT14.77 lakh14.5 LPA
SCMHRD PuneSNAP23.90 lakh23.71 LPA
IIM RaipurCAT18 lakh21.04 LPA
IMT GhaziabadCAT, XAT, GMAT21.5 lakh17.35 LPA
IIM RanchiCAT17.2 lakh17.30 LPA
XIMB BhubaneswarCAT, XAT, XGMT19.3 lakh16.64 LPA
IIM TrichyCAT19.5 lakh20.55 LPA
IIM NagpurCAT18.9 lakh16.74 LPA
IIM SambalpurCAT14 lakh16.63 LPA
IIM VisakhapatnamCAT10.80 lakh15.64 LPA
IIM KashipurCAT17.30 lakh18.11 LPA
MICA AhmedabadCAT/XAT/GMAT + MICAT23 lakh20.09 LPA
IIM RohtakCAT17.90 lakh18.73 LPA
IIT KanpurCAT2.80 lakh18.14 LPA
MHRM, IIT KharagpurCAT1.50 lakh15.45 LPA
DFS (University of Delhi)CAT26k17.1 LPA
IIM UdaipurCAT12.4 lakh20.03 LPA
IIM AmritsarCAT12 lakh16.51 LPA
IMI DelhiCAT, XAT, GMAT18.2 lakh17.01 LPA
TAPMI ManipalNMAT, CAT, XAT, GMAT17.34 lakhLPA
DoMS (IIT Madras)CAT8 lakh20.19 LPA, 30.60 LPA
SIMSREE MumbaiCAT, CMAT, MAHCET1.34 lakh12.30 LPA
GIM GoaCAT, XAT, GMAT18.31 lakh17.20 LPA
DBE (University of Delhi)CAT48.5k12 LPA
SIOM NashikSNAP13.20 lakh11.25 LPA
UBS ChandigarhCAT2.25 lakh13.72 LPA
NMIMS BengaluruNMAT20 lakh14 LPA
FORE New DelhiCAT, XAT18.27 lakh15.10 LPA

Top MBA Colleges In India: Category – 1

There are many premier MBA Colleges in India, in this article, we have listed college

1. Indian Institute of Management Ahmedabad (IIMA)

Top B-Schools in India
Indian Institute of Management, Ahmedabad

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.

  • Fees: 25 lakh
  • Average Package: 34.36 LPA
  • Highest Package: 1.15 CPA
  • Batch Size: 455 Students

2. IIM Bangalore

IIM Bangalore best B-school for MBA Marketing
Indian Institute of Management, 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: 24.5 lakh
  • Average Package: 35.31 LPA
  • Highest Package: 80 LPA
  • Batch Size: 512 Students

Also Read: Top MBA Colleges With Best ROI

3. Indian Institute of Management Calcutta (IIMC)

IIM Calcutta Top B-School Ranking
Indian Institute of Management, Calcutta

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: 31 lakh
  • Average Package: 35.07 LPA
  • Highest Package: 1.2 CPA
  • Batch Size: 462 Students

4. Indian School of Business, Hyderabad

ISB Hyderabad's Entry Gate showcase displaying the b-school's name prominently
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: 41.78 lakh
  • Average Package: 33.26 LPA
  • Highest Package: 66 LPA
  • Batch Size: 900

5. XLRI, Jamshedpur

XLRI Jamshedpur B-school photo
XLRI Xavier School of Management, 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: 25.8 lakh
  • Average Package: 29.89 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 Campus Overview
Indian Institute of Management, Lucknow

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 recognised 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: 20.7 lakh
  • Average Package: 32.20 LPA
  • Highest Package: 1.23 CPA
  • Batch Size: 571 Students

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

FMS Delhi Campus File Photo B-school
Faculty of Management Studies, University of 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 lakh
  • Average Package: 34.20 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

SPJIMR Mumbai B-school Logo
S.P Jain Institute of Management & Research

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: 24 lakh
  • Average Package: 33 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 Aerial View of the Campus
Indian Institute of Management, Kozhikode

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: 22.5 lakh
  • Average Package: 29.23 LPA
  • Highest Package: 67.02 LPA
  • Batch Size: 483 Students

10. Indian Institute of Management Indore (IIMI)

IIM Indore Campus view at night
Indian Institute of Management, Indore

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: 25 lakh
  • Average Package: 25.01 LPA
  • Highest Package: 1 CPA
  • Batch Size: 578 Students

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

JBIMS Mumbai Campus Overview
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: 6 lakh
  • Average Package: 28.02LPA
  • Highest Package: 35.75 LPA
  • Batch Size: 150 Students

12. Management Development Institute (MDI), Gurugram

MDI Gurugram College Overview
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: 16.7 lakh
  • Average Package: 27.67 LPA
  • Highest Package: 60 LPA
  • Batch Size: 472 Students

13. IIM Mumbai(NITIE)

NITIE Mumbai B-school campus view
National Institute of Industrial Engineering, Mumbai

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 lakh
  • Average Package: 27.75 LPA
  • Highest Package: 78.20 LPA
  • Batch Size: 407 Students

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

IIFT Delhi & Kolkata B-school view
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: 21.77 lakh
  • Average Package: 29.10 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 (SJMSOM) Campus view
Shailesh J. Mehta School of Management (SJMSOM)

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: 14 lakh
  • Average Package: 28.88 LPA
  • Highest Package: 54 LPA
  • Batch Size: 120 Students
MBA Entrance exams

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

TISS Mumbai B-school Overview
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 lakh
  • Average Package: 27.22 LPA
  • Highest Package: 49 LPA
  • Batch Size: 68 Students

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

SIBM Pune B-School Overview
Symbiosis Institute of Business Management, 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: 22.20 lakh
  • Average Package: 28.16 LPA
  • Highest Package: 49.06 LPA
  • Batch Size: 180 Students

18. Indian Institute of Foreign Trade, Kolkata

IIFT Kolkata B-School Overview
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 lakh
  • Average Package: 29.10 LPA
  • Highest Package: 85.4 LPA
  • Batch Size: 140 Students

Also Read: Top MBA Colleges in Delhi-NCR

TOP B-SCHOOLS IN INDIA: CATEGORY 4

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

RGIIM Shillong B-School Overview
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: 17.5 lakh
  • Average Package: 26.96 LPA
  • Highest Package: 71.30 LPA
  • Batch Size: 238 Students

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

NMIMS Mumbai B-School Overview
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: 24 lakh
  • Average Package: 26.63 LPA
  • Highest Package: 67.80 LPA
  • Batch Size: 600 Students

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

IIT Delhi B-School Overview
Department of Management Studies (DMS), IIT Delhi

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: 11.20 lakh
  • Average Package: 25.82 LPA
  • Highest Package: 41.30 LPA
  • Batch Size: 115 Students

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

IIT Kharagpur B-School Overview
Vinod Gupta School of Management (VGSOM), IIT Kharagpur

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: 9.08 lakh
  • Average Package: 22.13 LPA
  • Highest Package: 43.37 LPA
  • Batch Size: 94 Students

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

GLIM Chennai B-School Overview
Great Lakes Institute of Management (GLIM), Chennai

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: 14.77 lakh
  • Average Package: 14.5 LPA
  • Highest Package: 46 LPA
  • Batch Size: 400 Students
MBA Entrance exams

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

SCMHRD Pune B-School Overview
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: 23.90 lakh
  • Average Package: 23.71 LPA
  • Highest Package: 35.02 LPA
  • Batch Size: 180 Students

25. Indian Institute of Management Raipur (IIM Raipur)

IIM Raipur B-School Overview
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 lakh
  • Average Package: 21.04 LPA
  • Highest Package: 43.43 LPA
  • Batch Size: 328 Students

26. Institute of Management Technology (IMT), Ghaziabad

IMT Ghaziabad B-School Overview
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 lakh
  • Average Package: 17.35 LPA
  • Highest Package: 65.50 LPA
  • Batch Size: 600 Students

27. Indian Institute of Management Ranchi (IIM Ranchi)

IIM Ranchi B-School Overview
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: 17.2 lakh
  • Average Package: 17.30 LPA
  • Highest Package: 35.50 LPA
  • Batch Size: 250 Students

28. Xavier Institute of Management Bhubaneswar (XIMB)

XIMB B-School Overview
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: 19.3 lakh
  • Average Package: 16.64 LPA
  • Highest Package: 71.51 LPA
  • Batch Size: 364 Students

29. Indian Institute of Management Trichy (IIM Trichy)

IIM Trichy B-School Overview
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: 19.5 lakh
  • Average Package: 20.55 LPA
  • Highest Package: 41.61 LPA
  • Batch Size: 350 Students

BEST B-SCHOOLS IN INDIA: CATEGORY 5

30. Indian Institute of Management Nagpur (IIM Nagpur)

IIM Nagpur B-School Overview
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: 18.9 lakh
  • Average Package: 16.74 LPA
  • Highest Package: 64 LPA
  • Batch Size: 260 Students

31. Indian Institute of Management Sambalpur (IIM Sambalpur)

IIM Sambalpur B-School Overview
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: 14 lakh
  • Average Package: 16.63 LPA
  • Highest Package: 64.61 LPA
  • Batch Size: 320 Students

32. Indian Institute of Management Visakhapatnam (IIMV)

IIM Visakhapatnam B-School Overview
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: 10.80 lakh
  • Average Package: 15.64 LPA
  • Highest Package: 43.25 LPA
  • Batch Size: 340 Students

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

IIM Kashipur B-School Overview
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 lakh
  • Average Package: 18.11 LPA
  • Highest Package: 37 LPA
  • Batch Size: 171 Students

34. MICA Ahmedabad

MICA Ahmedabad B-School Overview
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: 23 lakh
  • Average Package: 20.09 LPA
  • Highest Package: 36 LPA
  • Batch Size: 235 Students

35. Indian Institute of Management Rohtak (IIM Rohtak)

IIM Rohtak B-School Overview
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: 17.9 lakh
  • Average Package: 18.73 LPA
  • Highest Package: 36 LPA
  • Batch Size: 350 Students

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

IIT Kanpur B-School Overview
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: 2.80 lakh
  • Average Package: 18.14 LPA
  • Highest Package: 24 LPA
  • Batch Size: 78 Students

37. MHRM, Indian Institute of Technology, Kharagpur

MHRM IIT Kharagpur B-School Overview
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: 1.50 lakh
  • Average Package: 15.45 LPA
  • Highest Package: 23 LPA
  • Batch Size: 200 Students

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

DFS Delhi B-School Overview
Department of Financial Studies (DFS), University of Delhi

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: 26k
  • Average Package: 17.10 LPA
  • Highest Package: 32 LPA
  • Batch Size: Around 62 Students

39. Indian Institute of Management Udaipur (IIMU)

IIM Udaipur B-School Overview
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: 12.4 lakh
  • Average Package: 20.03 LPA
  • Highest Package: 43.76 LPA
  • Batch Size: 368 Students

40. Indian Institute of Management Amritsar (IIM Amritsar)

IIM Amritsar B-School Overview
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: 12 lakh
  • Average Package: 16.51 LPA
  • Highest Package: 36.25 LPA
  • Batch Size: 257 Students

41. International Management Institute (IMI), New Delhi

IMI New Delhi B-School Overview
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: 18.2 lakh
  • Average Package: 17.01 LPA