There exist more than 5,700 MBA colleges in India. 530 of them are run by public/government MBA colleges, 77 are held by public-private groups, and 3,783 are privately held MBA colleges. Some of the most well-liked entrance tests for prestigious MBA colleges in India include CAT, MAT, and CMAT. Among the best MBA colleges in India are IIM Ahmedabad, IIM Kozhikode, IIM Bangalore, XLRI Jamshedpur, DMS IIT Delhi, IIM Lucknow, IIM Kozhikode, KCC Institute of Technology and Management, and several others.
Best MBA Colleges in India: Highlights 2024
The Master of Business Administration is the full form of MBA. MBA is an academic program focused on management and marketing. It covers topics including marketing, supply chain management, operations management, organizational behaviour, and principles of management. Bain & Company, Amazon, Apple, Citigroup, Accenture, Deloitte, Facebook, and other companies are among the top recruiters of MBA colleges in India. The following table lists the parameters of MBA Colleges in India.
|
Particulars |
Parameters |
|
No. of MBA Colleges |
5,700+ |
|
Annual Fees |
< INR 1 lakh: 1,638 colleges INR 1-2 lakh: 1,705 colleges INR 2-3 lakh: 532 colleges INR 3-5 lakh: 546 colleges > INR 5 lakh: 755 colleges |
|
Top Specialisations |
Marketing, Human Resources, Finance, Sales, Information Technology, Digital Marketing, Business Development, International Business. |
|
Top Entrance Tests |
MAT, CAT, CMAT, XAT, ATMA, NMAT, etc. |
Top MBA Colleges in India: Admissions 2024
MBA Colleges may differ in what is required of them for their MBA programs. However, the following are the prerequisites to be eligible for admission to MBA colleges:
A 3-year college degree from a recognized institution in any stream or its equivalent. This is the first and foremost prerequisite for admission to the MBA colleges in India.
Most MBA colleges maintain that graduation requires a 50% aggregate score or a comparable CGPA. The minimal score for students in the reserved category is 45% overall or an equivalent CGPA.
Candidates who are in their last year of graduation may also enroll in an MBA program, provided they can provide documentation that they completed their degree within the allotted time frame.
Best MBA Colleges in India: Courses VS Fees
The top MBA colleges in India are displayed in the table below, along with the range of courses they offer and the overall cost of tuition:
|
College Names |
Courses Offered |
Total Tuition Fee |
|
IIM Ahmedabad |
MBA in Food and Agri-Business Management, Master of Business Administration, etc. |
INR 25 lakh |
|
IIM Bangalore |
INR 25 lakh |
|
|
XLRI Jamshedpur |
PGDM in Human Resource Management, PGDM in Business Management, PGDM in General Management, etc. |
INR 15 lakh - INR 59 lakh |
|
SIBM Pune |
INR 24 lakh |
Top MBA Colleges in India: ROI
One measure used to predict how much money you will make or gain from attending a certain college is called return on investment, or ROI. It assesses the return on study expenses for the candidate as well as the return on employment placements. To learn about the top MBA colleges in India, their costs, and the typical placement package, see the chart below:
|
College Name |
Total Tuition Fees |
Average Median package |
|
DMS IIT Delhi MBA |
INR 11 lakh |
INR 24 LPA |
|
IIM Ahmedabad MBA |
INR 25 lakh |
INR 20 LPA - INR 32 LPA |
|
IIM Bangalore MBA |
INR 25 lakh |
INR 32 LPA |
|
IIT Delhi MBA |
INR 11 lakh |
INR 24 LPA |
|
IIM Lucknow MBA |
INR 8 lakh - INR 13 lakh |
INR 30 LPA |
Top MBA Colleges in India: Specializations
MBA colleges in India provide a wide range of specializations, including business analytics, IB, finance, HR, sales and marketing, operations, IT and systems, entrepreneurship, healthcare, supply chain, and transport and logistics, among others. Sales and marketing, HR, and finance are the most sought-after specializations. The following table lists the specializations that a number of the best MBA colleges in India offer:
|
Top Specialisations |
No. of MBA Colleges |
|
Sales & Marketing |
1,767 |
|
Finance |
1,765 |
|
Human Resources |
1,688 |
|
IT & Systems |
809 |
|
Operations |
742 |
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