Top MBA Colleges in India 2024 : List of Top Colleges, Fee Structure, Entrance Exam, Rankings

Top MBA colleges in India 2024 - Check the list of top MBA colleges in India 2024 ranked by NIRF along with Fees, Courses, Admission Process, Cutoff, Placements and Salary information.

Oct 28, 2023 - 19:30 Updated: Jul 11, 2024 - 09:45

Top MBA Colleges in India 2024 : List of Top Colleges, Fee Structure, Entrance Exam, Rankings

MBA stands for Master of Business Administration and revolves around managing and administering a business. It is a 2-year post-graduation course. MBA is also considered one of the more expensive business courses in India, but its popularity exists due to the value it provides for that cost. The subjects taught under MBA are Management accounting, Financial accounting, Managerial economics, Marketing Management, Business ethics, and Strategic management.

Also Read - Top Government MBA Colleges in India 2024

There are more than 100 of the best MBA schools in India. 64 are privately owned and operated, 44 are owned by public or government institutions, and public-private organizations own 1 college. The CAT, XAT, and CMAT are the primary exams at the top MBA institutions in India. Some of the popular colleges include IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Kozhikode, DMS IIT Delhi, IIM Lucknow, IIM Raipur, IIM Indore, IIM Rohtak, and many others. Top recruiters for MBA are Amazon, Apple, Citigroup, Deloitte, Bain & Company, Accenture, Facebook, etc.

The revised position for some of the top MBA colleges in India is mentioned below:

Dayalbagh Educational Institute has the lowest tuition fee, which is INR 10,060.
IIM Ahmedabad and IIM Bangalore offer the highest placement package, i.e. INR 32 LPA.
The best MBA school in India is IIM Ahmedabad, followed by IIM Bangalore and IIM Kozhikode. In the most recent NIRF rankings for 2023, the institutes are rated 1, 2, and 3.

MBA is offered in both regular in-class and online/distance forms of education. Distance education means that a student can gain admission to a college and participate in classes from a different city or even from a different country through online classes.

Latest Update:

The MAH MBA CET 2024 counselling registration for admission to the MBA and MMS courses starts on July 12, 2024.
ATMA 2024 July session registrations are open, and the last date to apply is July 24, 2024 (5 PM). Further, the exam will be held on Jul 31, 2024.
We have postponed the Karnataka PGCET 2024 exam. The revised dates will be announced soon. Apart from this, Karnataka PGCET 2024 registrations are reopened for admission to MBA/MCA/ME/MTech/MArch courses; the last date to apply is Jul 9, 2024.
The MAT 2024 registration process for the August session is open for IBT Phase 1 and CBT exams, the last date to register is Aug 9, 2024 and Aug 11, 2024, respectively. For the PBT exam, the last date to apply is Aug 18, 2024.

Also Read - Online MBA in India - Colleges, Course ,Admissions,Fees

Course Highlights

Parameters	Particulars/Statistics
No. of MBA Colleges	100+
Top MBA Colleges	IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, etc.
Top Distance MBA Colleges	XLRI Xavier School of Management, SRM Institute of Science and Technology, IGNOU, etc.
Annual Fees	INR < 1 lakh: 7 Colleges INR 1-2 lakh: 6 Colleges INR 2-3 lakh: 6 Colleges INR 3-5 lakh: 7 Colleges INR > 5 lakh: 76 Colleges
Top Specialisations	Sales and Marketing, Finance, Human Resources, Operations, IT and Systems, etc.
Accepted Entrance Exams	CAT, XAT, CMAT, MAT, etc.
No. of IIMs in India	21

How can I apply to the best MBA programs in India?

The prerequisites for admission to India's best business schools may vary from college to college. Nonetheless, the following are the requirements for MBA eligibility:

Most institutes follow the minimum score criteria in graduation, which are 50% aggregate or equivalent CGPA. For reserved category students, the minimum aggregate is 45% or equivalent CGPA.

Final-year graduation candidates are also eligible to apply for an MBA, provided they present proof of completion of graduation within the duration specified by the institute.

Entrance exams for MBA colleges in India

The two most popular entrance exams accepted in top MBA Colleges in India are:

CAT: The Common Admission Test (CAT) is required for admission to MBA programs provided by more than 1,200 B-schools and 20 IIMs in India, and over 1,200 B-schools in India. The three parts of the CAT question paper are Data Interpretation, Quantitative Aptitude, Logical Reasoning, and Verbal Ability and Reading Comprehension.

XAT: It takes at least six to nine months to prepare for the XAT.demands a commitment of time and energy because it is one of the more difficult MBA admission examinations compared to its competitors. General Knowledge, Verbal Ability and Logical Reasoning, Quantitative Ability & Data Interpretation, and Decision Making are its four sections.

MAT: The exam is given in four phases—February, May, September, and December—over several sessions. The MAT exam is administered in three different ways: remotely proctored (Internet Based Test, IBT), online(CoThe All India Management Association (AIMA) administers the Management Aptitude Test (MAT), a national entrance exam to candidates seeking admission to MBA and PGDM programs. Computer Based Test, CBT), and offline (Paper Based Test, PBT).

Also Read - 10 Private MBA Colleges in India 2024

Top MBA Colleges in India with NIRF Ranking 2023

College Name	NIRF 2021	NIRF 2022	NIRF 2023
Indian Institute of Management, (IIM) Ahmedabad	1	1	1
Indian Institute of Management, (IIM) Bangalore	2	2	2
Indian Institute of Management, (IIM) Kozhikode	4	5	3
Indian Institute of Management, (IIM) Calcutta	3	3	4
Indian Institute of Technology, (IIT) Delhi	5	4	5
Indian Institute of Management, (IIM) Lucknow	7	6	6
IIM Mumbai (formerly known as NITIE)	12	9	7
Indian Institute of Management, (IIM) Indore	6	7	8
XLRI-Xavier School of Management	12	12	9
Indian Institute of Technology Bombay	10	11	10

Also Read - Top 10 Distance MBA College In India

Top Private Colleges For MBA In India

College Name	Total Tuition Fee/Seat Intake	Entrance Exam/Eligibility	College Name
XLRI MBA Admission	INR 29 lakh Seats: 1,310	Entrance Exams: XAT, GMAT Graduation with a minimum aggregate of 50%	XLRI MBA Admission
MDI MBA Admission	INR 26 lakh Seats: 750	Entrance Exams: CAT, XAT, MAT, GMAT Graduation with 50% aggregate	MDI MBA Admission
SIBM Pune MBA Admission	INR 24 lakh Seats: 280	Entrance Exam: SNAP Bachelor’s degree with an aggregate of 50%	SIBM Pune MBA Admission
SPJIMR MBA Admission	INR 24 lakh Seats: 916	Entrance Exam: CAT Graduation with 50% aggregate	SPJIMR MBA Admission
NMIMS School of Business Management MBA Admission	INR 12 lakh Seats: 990	Entrance Exam: NMAT Graduation with 55% aggregate	NMIMS School of Business Management MBA Admission
Amity University Noida MBA Admission	INR 6 lakh Seats: 120	Entrance Exams: MAT, XAT, CAT, NMAT, etc. Class 12 with 70% and graduation with 60% aggregate	Amity University Noida MBA Admission
LPU MBA Admission	INR 8 lakh Seats: 500	Entrance Exams: LPU NEST, MAT, XAT, CAT, etc. Class 12 with 60% and graduation with 55% aggregate	LPU MBA Admission

Also Read - One Year MBA in India: Colleges, Courses, Fees, Admissions

Top Govt. MBA colleges in India

College Name	Total Tuition Fee/Seat Intake	Entrance Exam/Eligibility
IIM Ahmedabad MBA Admission	INR 25 lakh Seats: 50	Entrance Exam: CAT, GATE Graduation with 50% aggregate
IIM Bangalore MBA Admission	INR 25 lakh Seats: 635	Entrance Exam: CAT Graduation with 50% aggregate (45 % for SC/ST students)
IIT Delhi MBA Admission	INR 11 lakh Seats: 91	Entrance Exam: CAT Graduation with 60% aggregate
IIM Kozhikode MBA Admission	INR 21 lakh	Entrance Exam: CAT, EMAT Graduation with 50% aggregate
IIM Lucknow MBA Admission	INR 13 lakh	Entrance Exam: CAT Graduation with 50% aggregate
IIM Raipur MBA Admission	INR 16 lakh	Entrance Exam: CAT Graduation with 50% aggregate
IIM Rohtak MBA Admission	INR 18 lakh	Entrance Exams: CAT, IPM Aptitude Test Class 12 with 60% aggregate

Top Distance MBA Colleges in India 2024

Distance MBA Colleges	Total Tuition Fee	Seat Intake
XLRI Xavier School of Management	INR 14 lakh	NA
SRM Institute of Science and Technology	INR 60,000	1,200
National Institute of Agricultural Extension Management	INR 15,000	NA
Neville Wadia Institute of Management Studies and Research	INR 4 lakh	120
Indian Institute of Finance	INR 2 lakh	NA
IGNOU	INR 62,000	NA

Top MBA Colleges In India Placement Wise

College Name	Placement Package	Top Recruiters
IIM Ahmedabad MBA Placements	INR 32 LPA	Boston Consultancy, TCS, Axis Bank, Larson and Toubro, Amazon, Sunsilk, etc.
IIM Bangalore MBA Placements	INR 32 LPA	Accenture, Amazon, Paytm, Microsoft, Vedanta, Mckinsey, Nielsen Bangalore, etc.
IIT Delhi MBA Placements	INR 24 LPA	RB, Wipro, Synergy Consulting, ICICI Bank, Amway, SHELL, etc.
IIM Kozhikode MBA Placements	INR 27 LPA	Microsoft, Accenture, Amazon, Deloitte, Capgemini, TCS, HCL, Cognizant, etc.