Top 10 MBA Institutes in India: There are more than 6000 institutes in India offering an MBA course and equivalent programs. A few of them consistently rank in the top. The reason is their academic excellence, quality education, ROI, and strong placement records. As per the NIRF Ranking 2024, IIM Ahmedabad, IIM Bangalore, and IIM Kozhikode ranked in the top 3 in the management category, respectively. The average salary package offered by top MBA institutes in India typically ranges between INR 25 LPA to INR 30 LPA, approximately. In this article, we have shared the top 10 MBA colleges in India in terms of their admission process, eligibility, fees, placement package, and more.
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Top 10 MBA Institutes in India
The top 10 MBA institutes in India offer top-quality management education and excellent career opportunities. It aims to equip students with all the necessary skills and expertise to build a successful career in their chosen field. Any graduate with valid scores of an accepted national-level entrance exam like CAT, XAT, SNAP, etc, can apply for admission to the top 10 MBA colleges in India. Read on to learn more about the 10 MBA Institutes in India on this page.
IIM Ahmedabad
IIM Ahmedabad is one of India’s leading MBA institutes, offering admission to the two-year Postgraduate Programme in Management (PGP) course. Check the key insights of IIM Ahmedabad for MBA admissions shared below for reference purposes:
Eligibility for IIM Ahmedabad MBA Admissions
- Graduation with a minimum of 50% marks (45% marks for reserved categories) from any recognised University.
- Students currently pursuing their final year of graduation can also apply.
- A valid CAT/GMAT score
IIM Ahmedabad MBA Selection Process
The IIM Ahmedabad MBA admission process is divided into different parameters as shared below:
- CAT/GMAT scores
- Past Academic Performance
- Performance in the analytical writing test and personal interviews.
IIM Ahmedabad MBA Fees
The IIM Ahmedabad MBA Fees for Domestic candidates will be Rs 26,50,000 (inclusive of tuition fees of INR 19,35,000). On the other hand, the IIMA MBA fees for Overseas Indian Applicants shall be US$50,000 (inclusive of tuition fees). The course fee does not include personal expenses on travel, clothes, boarding, laptop, computer, stationery, laundry, etc.
IIM Ahmedabad MBA Placement Statistics
IIM Ahmedabad holds a record of achieving 100% placements for its MBA batches. In 2023, the placement drive witnessed an average package of INR 34.45 LPA, a median package of INR 31.58 LPA, and the highest package of INR 1.46 crore per annum. Check the IIM Ahmedabad MBA placement statistics of the last few years in the table below:
| Year | Average IIM Placement Package | Median Package | Highest Package |
| 2023 | INR 34.45 LPA | INR 31.58 LPA | INR 1.46 crore per annum |
| 2022 | INR 32.79 LPA | INR 31.49 LPA | INR 61.48 LPA |
| 2021 | INR 27.54 LPA | INR 27.6 LPA | INR 55 LPA |
FMS, University of Delhi
The Faculty of Management Studies under the aegis of the University of Delhi offers an MBA full-time program to equip students with all the necessary skills required to excel in the corporate world. Check the overview of FMS for MBA admissions shared below for reference purposes:
Eligibility for FMS MBA Admissions
- Bachelor’s Degree with at least 50% marks for the unreserved category and 45% for the reserved category.
- Students currently pursuing their final year of graduation can also apply.
- A valid CAT score.
FMS MBA Selection Process
The FMS MBA selection process is divided into a wide range of components, as shared below:
- Weighted CAT Scores
- Marks obtained in Class X and Class XII
- Discussion on Statement of Purpose
- Extempore
- Personal Interview
FMS MBA Fees
Presently, the current semester fee for the FMS MBA course is Rs 57,350. This program fee includes all academic expenses, i.e. tuition and access to several campus facilities.
FMS MBA Placement Statistics
FMS is renowned for its impressive placement track record and robust industry connections. In 2023, the average, median, and highest salary packages offered during the placement were INR 34.1 LPA, INR 31 LPA, and INR 1.23 Cr, respectively. Check the FMS MBA placement statistics over the past years in the table below:
| Particulars | 2022 | 2023 |
| Batch Size | 269 | 273 |
| Highest Salary | INR 58 LPA | INR 1.23 Cr |
| Average Salary | INR 32.4 LPA | INR 34.1 LPA |
| Median Salary | INR 30 LPA | INR 31 LPA |
IIM Calcutta
IIM Calcutta is among the top 10 MBA institutes in India, offering a two-year MBA course to all the qualified students. Here are the key highlights of IIM Calcutta for MBA admissions shared below for reference purposes:
Eligibility for IIM Calcutta MBA Admissions
- Bachelor’s Degree with 50% marks or above for unreserved category and at least 45% for Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories.
- Students currently pursuing their final year of graduation can also apply.
- Must have valid CAT/GMAT scores.
IIM Calcutta MBA Selection Process
The IIM Calcutta MBA admission process depends on the following parameters:
- CAT Score
- Personal Interview (PI)
- Writing Ability Test (WAT)
- Academic Diversity
- Work Experience
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IIM Calcutta MBA Fees
Candidates must stay updated with the IIM Calcutta MBA fees before applying for admissions, as it helps them plan their finances efficiently. The overall IIMC MBA fees are expected to be around INR 27 Lakhs for two years. The information regarding fees shared below is just for reference purposes, and candidates are advised to check the official website for all the latest updates.
IIM Calcutta MBA fees 2 years
| Term | Fees |
| Term 1 | Rs 5,40,000 |
| Term 2 | Rs 4,05,000 |
| Term 3 | Rs 4,05,000 |
| Term 4 | Rs 5,40,000 |
| Term 5 | Rs 4,05,000 |
| Term 6 | Rs 4,05,000 |
| Total Fees | Rs 27,00,000 |
IIM Calcutta MBA Placement Statistics
IIM Calcutta offers exceptional placement opportunities to candidates enrolled in its MBA course. In 2025, the average, median, and highest salary packages offered by this institute during the placement were INR 34.23 LPA, INR 34 LPA, and INR 1.45 Crore (Domestic) and INR 91.45 LPA (International), respectively. Have a look at the IIM Calcutta MBA placement statistics in the table shared below:
| Year | Average Salary | Median Salary | Highest Salary |
| 2025 | INR 34.23 LPA | INR 34 LPA | INR 1.45 Crore (Domestic) and INR 91.45 LPA (International) |
| 2024 | – | – | – |
| 2023 | INR 35.07 LPA | INR 33.67 LPA | INR 1.15 Crore (Domestic) and INR 94.82 LPA (International) |
| 2022 | INR 34.20 LPA | INR 31.00 LPA | – |
| 2021 | INR 2,849,979.00 | INR 2,767,000 | – |
IIM Bangalore
IIM Bangalore is a top-tier MBA institute, offering the Post Graduate Programme in Management (PGP). It is a 2-year master level program. The complete overview of the IIM Bangalore for MBA admissions is shared below for the clarity of the candidates:
Eligibility for IIM Bangalore MBA Admissions
- Graduation in any stream with 50% or above marks for unreserved categories and at least 45% for reserved categories.
- A valid CAT/GMAT scores.
IIM Bangalore MBA Selection Process
The IIM Bangalore MBA admission process will be based on the following components:
- CAT scores
- Work Experience
- Academic performance
- Performance in the WAT and Interview
IIM Bangalore MBA Fees
The IIM Bangalore MBA/PGP fees cover Case Permission Royalty, Tuition, Library, Internet, Course Material, Medical Insurance, Hostel Room Rent and Service Charge, Personal Accident Insurance and Alumni Activity. The overall IIMB PGP fees will be approximately INR 26 Lakh for two years. Check the fee structure for IIM Bangalore MBA admission in the table below:
| Fees for 2 years | Rs. 26,00,000 |
| Caution Deposit (General) | Rs. 15,000 |
| Caution Deposit (Hostel) | Rs. 5,000 |
IIM Bangalore MBA Placement Statistics
IIM Bangalore holds a strong placement record for its PGP batches. It showcases the increasing popularity and academic excellence of their MBA program. In 2024, the average and median salary packages offered by this institute during the placement were INR 35.92 LPA and INR 32.50 LPA, respectively. Check the complete IIM Bangalore MBA placement statistics over the past years in the table below:
| Year | Average Salary | Median Salary |
| 2024 | INR 35.92 LPA | INR 32.50 LPA |
| 2023 | INR 35.31 LPA | INR 33.00 LPA |
| 2022 | INR 33.82 LPA | INR 31.20 LPA |
| 2021 | INR 28.98 LPA | INR 28.60 LPA |
IIM Lucknow
IIM Lucknow is among the top 10 MBA institutes in India, offering a 2-year Post Graduate Program (PGP). Here are the important insights into IIM Lucknow for MBA admission tabulated below for reference purposes:
Eligibility for IIM Lucknow MBA Admissions
- Graduation with 50% marks or above (45% for reserved category).
- Those who are in the last year of their degree can also apply.
- Must have a valid CAT score.
IIM Lucknow MBA Selection Process
The IIM Lucknow MBA admission process depends on the parameters discussed below:
- CAT
- Work experience
- Academic performance
- Performance in the WAT and Personal Interview (PI).
IIM Lucknow MBA Fees
The overall IIM Lucknow PGP fees are expected to be around INR 20 Lakhs, approximately for two years. Here is the full breakdown of the fee structure for the PGP course offered at IIM Lucknow:
| Particulars | 1st Year (Total) | 2nd Year (Total) |
| Admission Fees | INR 100000 | – |
| Tuition Fees | INR 630000 | INR 630000 |
| Infrastructure Fees | INR 345000 | INR 345000 |
| Total | INR 1075000 | INR 975000 |
IIM Lucknow MBA Placement Statistics
IIM Lucknow has consistently achieved 100% placements for its PGP batches. In 2023, the average, median, and highest placement packages were INR 30 LPA, INR 27 LPA, and INR 1.23 Crore Per Annum, respectively. Gain insights into the IIM Lucknow MBA placement statistics from 2022 to 2023, tabulated below:
| Year | Average Salary | Median Salary | Highest Salary |
| 2024 | INR 30 LPA | INR 27 LPA | INR 1.23 Crore Per Annum |
| 2023 | INR 32.23 LPA | INR 30 LPA | INR 1 Crore Per Annum |
| 2022 | INR 31.03 LPA | INR 29 LPA | INR 58 LPA |
IIM Indore
IIM Indore is one of the leading MBA institutes in the country, offering a 2-year Post Graduate Programme in Management (PGP) course. Here is the overview of the IIM Indore for MBA/PGP admissions shared below for reference purposes:
Eligibility for IIM Indore MBA Admissions
- Graduation with at least 50% marks [45% for reserved categories].
- Those who are pursuing the final year of their graduation can also apply.
- Must have valid CAT/GMAT scores.
IIM Indore MBA Selection Process
The IIM Indore MBA admission process is divided into various components, including:
- CAT/GMAT scores
- Personal Interview
- Academic history,
- Diversity Factor (DF)
- Other Relevant Parameters.
IIM Indore MBA Fees
The overall IIM Indore PGP fees are expected to be around INR 21 Lakhs for two years, approximately. Check the complete breakdown of the fee structure for the PGP course offered at IIM Indore:
| Particular | 1st Year | 2nd Year |
| Course Fee | Rs 10,00,000 | Rs 10,00,000 |
| Alumni Fee | Rs 11,800 | |
| Refundable Caution Deposit | Rs 50,000 | – |
| Mess Deposit | Rs 54,000 | – |
| Total | Rs 11,04,000 | Rs 10,11,800 |
IIM Indore MBA Placement Statistics
IIM Indore is one of the top MBA colleges in India due to its strong industry connections and excellent placement records. In 2024, the average and highest salary packages offered by this institute during the placement were INR 25.68 LPA and 1 Crore Per Annum, respectively. Check the detailed IIM Indore MBA placement statistics shared below for reference purposes:
| Year | Average Salary | Median Salary | Highest Salary |
| 2024 | INR 25.68 LPA | – | 1 Crore Per Annum |
| 2023 | INR 30.21 LPA | INR 27.2 LPA | INR 1.14 Cr Per Annum |
| 2022 | INR 25.01 LPA | INR 24.09 LPA | INR 49 LPA |
IIM Kozhikode
IIM Kozhikode is one of the top 10 MBA institutes in India that offers admissions to a 2-year Postgraduate Programme in Management. Here are the important insights about IIM Kozhikode for MBA admissions tabulated below:
Eligibility for IIM Kozhikode MBA Admissions
- Graduation with at least 60% aggregate marks or equivalent qualification.
- Those who don’t have a bachelor’s degree must have professional qualifications like CA, CMA (ICWA), or CS with at least 50% marks.
- A valid CAT score.
IIM Kozhikode MBA Selection Process
The IIM Kozhikode MBA admission process is based on the parameters shared below:
- CAT Scores
- Past Academic Performance
- PI Score
- WAT Score
- Resume Score
IIM Kozhikode MBA Fees
The overall IIM Kozhikode MBA/PGP Fees will be INR 23,50,000 for two years. Check the full breakdown of the fee structure for IIMK MBA admissions:
| Term | First Year (in Rs.) | Second Year (in Rs.) |
| I/IV | 4,75,000 | 4,75,000 |
| II/V | 3,50,000 | 3,50,000 |
| III/VI | 3,50,000 | 3,50,000 |
IIM Kozhikode MBA Placement Statistics
IIM Kozhikode offers outstanding career opportunities to candidates enrolled in its MBA course. In 2024, the placement season witnessed the average package was INR 28.05 LPA, and the highest salary package stood at INR 72.02 LPA. We have shared below the IIM Kozhikode MBA placement statistics from 2022 to 2024:
| Year | Average Package | Median Package | Highest Salary |
| 2024 | INR 28.05 LPA | INR 27 LPA | INR 72.02 LPA |
| 2023 | INR 31.02 LPA | INR 27 LPA | INR 67.02 LPA |
| 2022 | INR 29.5 LPA | INR 26.5 LPA | INR 61.5 LPA |
IIM Mumbai
IIM Mumbai is one of the top 10 MBA institutes in India. It offers a 2-year Master of Business Administration (MBA) course to all eligible and qualified aspirants. Here are the important insights about IIM Mumbai for MBA admissions tabulated below.
Eligibility for IIM Mumbai MBA Admissions
- Graduation with at least 50% marks or equivalent CGPA [45% marks for reserved categories].
- Students who are in their final year of graduation can also apply.
- A valid CAT score.
IIM Mumbai MBA Selection Process
The IIM Mumbai MBA admission process comprises the following components:
- CAT Scores
- Personal Interview (PI)
- Past Academic Performance
- Work Experience
- Other Relevant Parameters
IIM Mumbai MBA Fees
The gross IIM Mumbai MBA fee for two years course will be Rs 21.00 Lakhs. It also includes the tuition fee of Rs 14.00 Lakhs and a caution money deposit of Rs 50,000. The Caution Money Deposit shall be refunded to the student upon graduation, or it will be adjusted against the pending dues. Students will also have to make payment of Mess charges and Mess deposits.
IIM Mumbai MBA Placement Statistics
IIM Mumbai is popular for its impressive placement track record and industry connections. In 2023, the placement season has witnessed the average salary package of INR 47.29 LPA (Top 10% of the batch) and the highest salary package of INR 54 LPA. Let’s discuss below the IIM Mumbai MBA placement statistics from 2022 to 2024:
| Year | Average Salary | Median Salary | Highest Salary |
| 2024 | INR 47.29 LPA (Top 10% of the batch) | – | INR 54 LPA |
| 2022 | INR 25.4 LPA | INR 22 LPA | INR 49 LPA |
IIM Rohtak
IIM Rohtak is a leading India’s MBA institute that offers a 2-year Post Graduate Programme in Management. Check the important insights for IIM Rohtak for MBA admissions tabulated below:
Eligibility for IIM Rohtak MBA Admissions
- Bachelor’s Degree in any specializaton awarded by any recognised University.
- A valid CAT score.
IIM Rohtak MBA Selection Process
The IIM Rohtak MBA admission process depends on various parameters as shared below:
- CAT Scores
- Personal Interview (PI)
- Diversity scores
- Other Parameters
IIM Rohtak MBA Fees
The overall IIM Rohtak MBA fees for two years will be around Rs 17 Lakh approximately. Here is the full breakdown of the fee structure for the IIM Rohtak MBA admission is shared below:
| Particulars | 1st year | 2nd year |
| Total Charges | INR 895000 | INR 895000 |
IIM Rohtak MBA Placement Statistics
In 2024, the placement season witnessed an average placement package of INR 18.73 LPA, and the highest salary package stood at INR 36.00 LPA. Here are the IIM Rohtak MBA placement statistics from 2022 to 2025 are shared below:
| Year | Average Salary | Median Salary | Highest Salary |
| 2025 | INR 18.73 LPA | INR 17.00 LPA | INR 36.00 LPA |
| 2024 | INR 19.27 LPA | INR 17 LPA | INR 48.25 LPA |
| 2023 | INR 18.73 LPA | INR 17.5 LPA | INR 36 LPA |
| 2022 | INR 16.06 LPA | INR 15 LPA | INR 32 LPA |
SPJIMR, Mumbai
S. P. Jain Institute of Management & Research (SPJIMR) offers a 2-year Post Graduate Diploma in Management (PGDM) course equivalent to an MBA. Check the important insights into the SPJIMR for MBA admissions shared below for reference purposes:
Eligibility for SPJIMR MBA Admissions
- Bachelor’s degree with a minimum of 50% marks in any stream from a recognised university.
- A valid CAT and GMAT entrance score.
SPJIMR MBA Selection Process
The SPJIMR MBA admission process is divided into various components shared below:
- CAT/GMAT Scores
- Academic background
- Work experience
- Past Achievements
SPJIMR MBA Fees
The SPJIMR MBA fees cover tuition fees and basic hostel/ accommodation for Indian and International students. Here is the full breakdown of the fee structure for SPJIMR MBA admission shared below:
| Particular | Fee Details |
| Indian Students | INR 22.50 Lakhs |
| International Students | INR 31.50 lakhs |
SPJIMR MBA Placement Statistics
SPJIMR has achieved 100% placements for its PGDM 2023-25 batch of 336 participants. The highest salary package offered was Rs. 81 lakhs, with the average package of Rs. 32 lakhs during the placement. Some of the top recruiting sectors are General Management, Consulting, FMCG, and BFSI. Here are the SPJIMR PGDM placement statistics 2025 tabulated below:
| Particular | Details |
| Batch size | 336 |
| Average salary | INR 32 LPA |
| Median salary | INR 30.50 LPA |
| Highest domestic salary | INR 81 LPA |
| Highest international salary | INR 89 LPA |
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Top 10 MBA Institutes in India FAQs
Some of the top MBA institutes in India are IIM Ahmedabad, FMS, IIM Calcutta, IIM Bangalore, IIM Lucknow, and other institutes.
Any graduate with valid scores of an accepted national-level entrance exam like CAT, XAT, SNAP, etc, can apply for admission to the top 10 MBA colleges in India.