Top 20 MBA Colleges in India
Finding the top postgraduate degree programs is one of the main tasks of candidates who have completed their graduation degree. MBA programs are among the best options available in this regard. As per placement reports of top MBA colleges in India, the average salary of an MBA graduate is approximately 80-90 LPA (INR). Choosing the best MBA colleges in India based on all your relevant criteria is the most difficult task after choosing your post-graduation program. All management applicants ask, “Which college is best for an MBA in India?”
If you are still confused about choosing the best MBA colleges in India, then you’ll find some useful insights for the same. In this article, we’ll discover, analyze, and select the top 20 MBA colleges.
Ranking of Top 20 MBA Colleges in India - 2024
Top management institutions undoubtedly thrive in terms of world-class amenities, outstanding instructors, a high-quality curriculum, etc.
Therefore, we have compiled a list of India’s top B schools of India. Although each school stands out in its own way, the following management schools in India provide the best management education.
Also See : Top 100 MBA Colleges in India
Check out these Top 20 MBA Colleges in India-
| Rank | College Name | Location | Score |
|---|---|---|---|
| 1 | Indian Institute of Management, Ahmedabad | Ahmedabad, Gujarat | 937.24 |
| 2 | Faculty of Management Studies, University of Delhi, Delhi | Delhi, India | 933.39 |
| 3 | Indian Institute of Management Calcutta, Kolkata | Kolkata, West Bengal | 931.2 |
| 4 | Indian Institute of Management Bangalore, Bengaluru | Bengaluru, Kerela | 925.89 |
| 5 | Indian Institute of Management, Kozhikode | Kozhikode, Kerela | 921.88 |
| 6 | Indian Institute of Management, Lucknow | Lucknow, Uttar Pradesh | 915.04 |
| 7 | Indian Institute of Foreign Trade, New Delhi | Delhi, India | 909.7 |
| 8 | Indian Institute of Management, Mumbai (Formerly, NITIE, Mumbai) | Mumbai, Maharastra | 903.86 |
| 9 | Indian Institute of Management, Indore | Indore, Madhya Pradesh | 900.35 |
| 10 | Shailesh J Mehta School of Management, Indian Institute of Technology Bombay, Mumbai | Mumbai, Maharastra | 895.33 |
| 11 | Indian Institute of Management, Raipur | Raipur, Chhattisgarh | 889.79 |
| 12 | Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur | Kharagpur, West Bengal | 884.92 |
| 13 | Dept. of Management Studies, Indian Institute of Technology Delhi, New Delhi | Delhi, India | 879.45 |
| 14 | Indian Institute of Management, Udaipur | Udaipur, Rajasthan | 875.2 |
| 15 | Indian Institute of Management, Ranchi | Ranchi, Jharkhand | 866.18 |
| 16 | Department of Management Studies, Indian Institute of Technology Madras, Chennai | Chennai, Tamil Nadu | 861.4 |
| 17 | MHRM Department of Humanities and Social Science, Indian Institute of Technology, Kharagpur | Kharagpur, Haryana | 857.59 |
| 18 | Jamnalal Bajaj Institute of Management Studies, Mumbai | Mumbai, Maharashtra | 852.84 |
| 19 | University Business School, Panjab University, Chandigarh | Chandigarh, Panjab | 848 |
| 20 | Taxila Business School | Jaipur, Rajasthan | 814.72 |
Factors considered while selecting the Best B schools
Well, making a list of the best 20 business schools can't rely on one or two factors. There are serval important factors that are taken into consideration while selecting these institutes among the others. The reason is that there are chances that one college is performing amazingly in one sector while in others they are lacking in the others. So this complete overview gives an Idea about everything that an institute has to offer. Several important factors are mentioned below :
- Placements
- Infrastructure
- Alumni Networks
- Faculty
- Rankings and Accreditation
- Accomplishments
- Successful Startups
- Research and Publication
- Fees and Hostel Facilities
- Admissions
Cut off Marks/Eligibility Criteria of Best B-Schools
Since these institutions are in high demand it’s not easy to get admission here. There are several national-level management entrance exams such as CAT/CMAT/XAT that an aspirant needs to take for admission. Generally, a 90-95 percentile is required for admission to these best colleges. Also in some cases, this can be higher and goes up to 97-98 percentile.
See the List of – Top 50 B schools in India | Top 10 Business Schools in India
Placement Records of Best 20 Management Institutes of India
The placement record of an institution indicates the success rate of the institution. As most, students care about placemats this is a major part of ranking schools. The best 20 MBA colleges provide placements up to 1.75 crore and that is quite impressive. According to some reports, almost 70% of MBA pass-out students failed to grab a decent job. Here these colleges are showing growth in the placement fields.
The following are some requirements that must be met to get enrolled in the best MBA colleges:
- Which recruiters are coming into the college and what is their repetition rate?
- For which MBA program is placement higher?
- Which package was the highest the previous year?
- What is the institution’s record for the average salary package offered?
Fees of Top 20 B-schools in India
- IIM A – 33 Lakh
- FMS – 2 Lakh
- IIM C – 31 Lakh
- IIM B – 25 Lakh
- IIM K – 23 Lakh
- IIM L – 20 Lakh
- IIFT – 22 Lakh
- IIM Mumbai – 23 Lakh
- IIM Indore – 21 Lakh
- SJMSM – 24 Lakh
- IIM Raipur – 18 Lakh
- VGSM – 13 Lakh
- TAXILA – 10 Lakh
- IIT DELHI – 11 Lakh
- IIM RANCHI – 17 Lakh
- IIM ROHTAK – 18 Lakh
- IIM MADRAS – 2 Lakh
- MHRM – 7 Lakh
- JBIMS – 2 Lakh
- UBS – 8 Lakh
Reference
- https://iirfranking.com/ranking/top-mba-colleges-in-india
- https://www.iima.ac.in/sites/default/files/2023-11/Round_1_Annexure-Fee%20Structure%20and%20Schedule%20of%20Payment.pdf
- https://www.iimb.ac.in/pgp-programme-expenses