Pursuing an MBA from a top business school can open doors to quality education, high-paying jobs, and global exposure. There is a wide range of top management institutes in India. These institutes offer academic excellence, highly experienced faculty, and excellent ROI. The top 10 business schools in India for MBA include IIM Ahmedabad, IIM Bengaluru, IIM Kozhikode, IIM Lucknow, IIM Delhi, etc. The average fees of these institutes range between INR 15 Lakh and INR 26 Lakh. The average package of MBA graduates from the best institutes ranges between INR 15 LPA to over 1 crore per annum. We have compiled below the top 10 MBA colleges in India based on NIRF ranking, fee structure, and placement opportunities.
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Top 10 Business Schools in India for MBA: NIRF Ranking 2025
The NIRF ranking 2025 for management has been published on the official website. IIM Ahmedabad, Bengaluru, and Kozhikode have retained spots 1, 2, and 3, respectively, as per the latest ranking list. Given below are the top business schools in India for MBA based on NIRF rankings:
| Name | City | State | Score | Rank |
| Indian Institute of Management Ahmedabad | Ahmedabad | Gujarat | 83.29 | 1 |
| Indian Institute of Management Bangalore | Bengaluru | Karnataka | 81.56 | 2 |
| Indian Institute of Management Kozhikode | Kozhikode | Kerala | 79.85 | 3 |
| Indian Institute of Technology Delhi | New Delhi | Delhi | 78.94 | 4 |
| Indian Institute of Management Lucknow | Lucknow | Uttar Pradesh | 77.97 | 5 |
| Indian Institute of Management, Mumbai | Mumbai | Maharashtra | 77.58 | 6 |
| Indian Institute of Management Calcutta | Kolkata | West Bengal | 77.34 | 7 |
| Indian Institute of Management Indore | Indore | Madhya Pradesh | 75.68 | 8 |
| Management Development Institute | Gurugram | Haryana | 71.96 | 9 |
| XLRI- Xavier School of Management | Jamshedpur | Jharkhand | 70.63 | 10 |
Top 10 MBA colleges in India with Fee Structure
Choosing the right business schools is essential to developing a successful career in management. Research can help you select institutes that match your career plans and budget. The average fees range between INR 15 Lakh and INR 26 Lakh for 2 years. Listed below are the top 10 business schools in India for MBA with fee structure:
| Top B-schools in India for MBA | Fees |
| IIM Ahmedabad | INR 27,50,000 (inclusive of tuition fees of INR 20,10,000) |
| IIM Bengaluru | Rs. 26,00,000 |
| IIM Kozhikode | INR 23,50,000 |
| IIT Delhi | INR 12 Lakh |
| IIM Lucknow | INR 20,00,000 |
| IIM Mumbai | Rs 21,00,000 |
| IIM Calcutta | Rs 27 Lakhs |
| IIM Indore | INR 21,00,000 |
| MDI Gurgaon | INR 18 Lakh-INR 26 Lakh |
| XLRI Jamshedpur | INR 15 Lakh-INR 28 Lakh |
Top 10 Business Schools in India for MBA with Low Fees
Pursuing an MBA in India does not always demand a huge financial investment. Many affordable best MBA colleges in India include FMS Delhi, TISS Mumbai, Christ University Bangalore, and JIBMS Mumbai. They ensure quality education at reasonable costs and top-paying jobs. The cost of studying at these institutes typically ranges from Rs 50,000 and Rs 8 lakh. Given below are the top 10 business schools in India for MBA with low fees:
| B-School | MBA Fees in India (approx) |
| FMS Delhi | INR 2 Lakh |
| Christ University Bangalore | INR 10 Lakh-INR 12 Lakh |
| JIBMS Mumbai | INR 6 Lakh |
| TISS Mumbai | INR 1.4 Lakh |
| SIMSREE, Mumbai | INR 1.36 Lakh |
| International School of Management and Research (ISMR) | INR 4.6 Lakh- INR 7.9 Lakh |
| Indira Institute of Management (IIMP) | INR 4.8 Lakh |
| Chandigarh University (CU) | INR 5.84 Lakh- INR 7.6 Lakh |
| AIMS Institute of Management Studies | INR 6.58 Lakh- INR 9.21 Lakh |
| ASM’s Institute of Business Management and Research | INR 7.1 Lakh- INR 10 Lakh |
| Galgotias University (GU) | INR 90,000- INR 7 Lakh |
| Doon Business School (DBS) | INR 9 Lakh |
| Maharishi Dayanand University (MDU) | INR 54k- INR 8 Lakh |
| BK School of Business Management | INR 45K- 1.50 Lakh |
Top 10 Business Schools in India for MBA Placement-Wise
Several business schools provide the best MBA programs along with outstanding Return on Investment. They are particularly known for their strong industry ties and placement performance globally. They offer world-class education, lucrative salary packages and a promising career path. Graduates from these institutions earn somewhere between INR 15 LPA and INR 1 crore per annum. Given below are the top 10 Business Schools in India for MBA placement-wise:
| Top B-Schools in India for MBA | Placement Package (Approx) |
| IIM Ahmedabad | INR 34.45 LPA to INR 1.46 crore per annum |
| IIM Bengaluru | INR 32 LPA-INR 35 LPA |
| IIM Kozhikode | INR 28 LPA-INR 72 LPA |
| IIT Delhi | INR 15 LPA-INR 18 LPA |
| IIM Lucknow | INR 30 LPA-INR 1.23 Crore per annum |
| IIM Mumbai | INR 47 LPA-INR 54 LPA |
| IIM Calcutta | INR 35 LPA-INR 1.15 Crore |
| IIM Indore | INR 25 LPA-INR 1 crore per annum |
| MDI Gurgaon | INR 25.6 LPA to INR 53.6 LPA |
| XLRI Jamshedpur | INR 30 LPA-INR 75 LPA |
Top 10 MBA Colleges in India with Fee Structure and Placement
Candidates should also compare the fee structure and placement of top business schools before making any decision. It will help them plan their finances and understand college offerings in terms of academic standards, placements, and career prospects. Choosing colleges that offer excellent placement packages will help MBA graduates easily recover their investment. For example,
- The total fees of IIMA are approximately INR 27 lakh, and their average package is around INR 35 LPA.
- The overall fees of IIMB are approximately INR 26 Lakh and the average package is around INR 32 LPA.
- The cost of studying at IIMK is approximately INR 23 Lakh. The average package of this institute is around INR 26 LPA.
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Top 10 Business Schools in India for MBA FAQs
The top 10 business schools in India for MBA include IIM Ahmedabad, IIM Bengaluru, IIM Kozhikode, IIM Lucknow, IIM Delhi, etc.
The average fees for the MBA admissions fall between INR 15 Lakh and INR 26 Lakh.
MBA graduates from the best institutes earn between INR 15 LPA and 1 crore per annum.
