Top MBA Colleges in India - 2024 Rankings | Best B-Schools of India
Taxila Business School

Ranking Wise Top MBA Colleges of India in 2024 - See Fees, Placements, Course and More

top mba colleges in india

Many successful business professionals believe management and business education are crucial to reaching their objectives. India is a popular hub that creates marvellous business leaders through its prestigious management institutions. Many factors can affect your decision-making, from fee structure and location to Placements.

However, have you ever wondered why our elders encourage us to only apply to the top universities in India? It is because of the unemployment rate of MBA graduates from unauthorized universities. Top MBA colleges in India provide management courses that can boost your career. In addition, these universities also ensure that students get a decent job with a competitive salary.  Recently, ISB, IIMA, IIM, IIM C, IIM Lucknow and XLRI were featured in the list of FT ranking Global MBA Rankings. 

According to an ASSOCHAM report, only 7% of MBA graduates from B-schools get decent jobs immediately after completing their degree. However, this list excludes the graduates from the top MBA institutes in India. This is because of their incredible facilities, high-paying campus placement, and dedicated teaching staff.  

Selecting the top MBA colleges in India can be pivotal for most MBA aspirants. In this blog, we’ll quickly review the top MBA colleges in India. This will help you better understand all the factors that will aid your career success. 

Ranking of Top MBA Colleges in India in 2024

top-mba-colleges-rank-2024
Ranking Business School Name Score (Out of 1000)
1 IIM Ahmedabad-Indian Institute of Management, Ahmedabad 937.24
2 FMS-Faculty of Management Studies, University of Delhi, Delhi 933.39
3 IIM Calcutta-Indian Institute of Management Calcutta, Kolkata 931.20
4 IIM Bangalore-Indian Institute of Management Bangalore, Bengaluru 925.89
5 IIM Kozhikode-Indian Institute of Management, Kozhikode 921.88
6 IIM Lucknow-Indian Institute of Management, Lucknow 915.04
7 IIFT Delhi-Indian Institute of Foreign Trade, New Delhi 909.70
8 XLRI-Xavier Labour Relations Institute, Jamshedpur 904.32
9 IIM Mumbai-Indian Institute of Management, Mumbai (Formerly, NITIE, Mumbai) 904.32
10 MDI-Management Development Institute, Gurgaon 903.86
11 IIM Indore-Indian Institute of Management, Indore 901.73
12 SPJIMR-S P Jain Institute of Management & Research, Mumbai 901.73
13 IIT Bombay-Shailesh J Mehta School of Management, Indian Institute of Technology Bombay, Mumbai 900.35
14 SIBM-Symbiosis Institute of Business Management, Pune 897.90
15 IIM Raipur-Indian Institute of Management, Raipur 897.90
16 SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune 895.33
17 IIT Kharagpur-Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur 894.07
18 XIMB-Xavier Institute of Management, XIM University, Bhubaneswar 894.07
19 NMIMS School of Business Management, Mumbai 889.79
20 IMI-International Management Institute, New Delhi 889.70
21 IIT Delhi-Dept. of Management Studies, Indian Institute of Technology Delhi, New Delhi 889.70
22 MICA, Ahmedabad 884.92
23 IIM Udaipur-Indian Institute of Management, Udaipur 884.78
24 IMT-Institute of Management Technology, Ghaziabad 884.78
25 TAPMI-T A Pai Management Institute, Manipal 881.90
26 Great Lakes Institute of Management, Chennai 881.90
27 FORE School of Management, New Delhi 880.32
28 IIM Ranchi-Indian Institute of Management, Ranchi 880.32
29 Woxsen University (Woxsen School of Business), Hyderabad 879.45
30 GIM-Goa Institute of Management, Goa 876.89
31 IIM Rohtak-Indian Institute of Management, Rohtak 876.89
32 IIT Madras-Department of Management Studies, Indian Institute of Technology Madras, Chennai 875.20
33 IIT Kharagpur-MHRM Department of Humanities and Social Science, Indian Institute of Technology, Kharagpur 874.00
34 Dr. D. Y. Patil B-School, Pune 874.00
35 JBIMS-Jamnalal Bajaj Institute of Management Studies, Mumbai 870.84
36 N. L. Dalmia Institute of Management Studies and Research, Mumbai 870.84
37 IBS-ICFAI Business School, Hyderabad 870.54
38 RCBS-Rajagiri Centre For Business Studies, Kochi 870.54
39 NIRMA University, (Institute of Management) Ahmedabad 866.54
40 UBS-University Business School, Panjab University, Chandigarh 866.54
41 IMI- International Management Institute, Bhubaneswar 866.18
42 IIM Nagpur-Indian Institute of Management, Nagpur 866.14
43 IMT- Institute of Management Technology, Nagpur 866.14
44 K.J. Somaiya Institute of Management, Somaiya Vidyavihar University Mumbai 862.64
45 SCIT-Symbiosis Centre For Information Technology, Pune 862.64
46 BITS Pilani, Pilani Campus, Department of Management, Pilani 861.72
47 IIT Roorkee-Dept. of Management Studies, Indian Institute of Technology, Roorkee 861.40
48 GBSRC- Global Business School & Research Centre, Dr. D. Y. Patil Vidyapeeth, Pune 857.59
49 LBSIM-Lal Bahadur Shastri Institute of Management, New Delhi 856.49
50 IIM Tiruchirappalli-Indian Institute of Management, Tiruchirappalli 856.49
51 IIM Visakhapatnam-Indian Institute of Management, Visakhapatnam 852.84
52 JSSCMS- JSS Centre For Management Studies, JSS Science & Technology University, Mysuru 852.82
53 IRMA-Institute of Rural Management Anand, Anand 852.82
54 SIMSREE Mumbai-Sydenham Institute of Management Studies, Research And Entrepreneurship Education, Mumbai 852.44
55 IMI-International Management Institute, Kolkata 852.44
56 BHU-Institute of Management Studies, Banaras Hindu University, Varanasi 849.58
57 BIMTECH-Birla Institute of Management Technology, Greater Noida 848.14
58 DBE-DU-Department of Business Economics, University of Delhi, New Delhi 848.14
59 Chitkara Business School, Rajpura-Patiala 848.00
60 IIM Kashipur-Indian Institute of Management, Kashipur 847.71
61 IIT-ISM Dhanbad-Dept. of Management Studies, Indian Institute of Technology, Dhanbad 847.71
62 LIBA-Loyola Institute of Business Administration, Chennai 842.56
63 SIOM-Symbiosis Institute of Operations Management, Nashik 841.20
64 IIM Shillong-Indian Institute of Management, Shillong 841.20
65 VITBS- VIT Business School, VIT Vellore 840.72
66 IIM Jammu-Indian Institute of Management, Jammu 840.72
67 AMITY Business School, Noida 835.76
68 NBS-Narayana Business School, Ahmedabad 835.76
69 Amrita School of Business, Coimbatore 835.32
70 SSIM-Siva Sivani Institute of Management, Hyderabad 835.32
71 MYRA School of Business, Mysuru 834.50
72 MSRIM- M S Ramaiah Institute of Management, Bengaluru 829.70
73 IIM Bodh Gaya-Indian Institute of Management, Bodh Gaya 829.70
74 IIM Amritsar-Indian Institute of Management, Amritsar 829.30
75 IIMS-International Institute of Management Studies, Hinjawadi Campus, Pune 829.30
76 NIT Tiruchirapalli-National Institute of Technology, Tiruchirapalli 827.53
77 ABV-IIITM Gwalior-Atal Bihari Vajpayee-Indian Institute of Information Technology And Management, Gwalior 822.56
78 AMU-Faculty of Management Studies & Research, Aligarh Muslim University, Aligarh 820.46
79 Jaipuria Institute of Management (JIM), Noida 820.46
80 IIM Sambalpur-Indian Institute of Management, Sambalpur 820.16
81 SSBF- Symbiosis School of Banking & Finance, Pune 820.16
82 SVKM’s Narsee Monjee Institute of Management Studies, Bengaluru 819.50
83 NTPC School of Business, Noida 815.26
84 IIM Sirmaur-Indian Institute of Management, Sirmaur 815.26
85 IMS Ghaziabad-Institute of Management Studies, Ghaziabad 815.23
86 TAXILA Business School, Jaipur 815.06
87 JMI-Centre for Management Studies, Jamia Millia Islamia, New Delhi 815.06
88 Globsyn Business School, Kolkata 815.06
89 Chandigarh University, (University School of Business), Mohali 810.11
90 BML Munjal University (School of Management), Gurugram 810.11
91 RVIM-RV Institute of Management, Bengaluru 809.92
92 NIBM-National Institute of Bank Management, Pune 809.74
93 BVIMR-Bharati Vidyapeeth University/Institute of Management & Research, New Delhi 809.74
94 PSG Institute of Management, Coimbatore 807.44
95 LPU-Lovely Professional University (Mittal School of Business), Jalandhar 804.56
96 OPJU- O P Jindal University, Raigarh 804.36
97 MANAGE-National Institute of Agricultural Extension Management, Hyderabad 804.36
98 ADAMAS University (School of Business & Economics), Kolkata 799.08
99 SIMS-Symbiosis Institute of Management Studies, Pune 799.08
100 IIFM Bhopal-Indian Institute of Forest Management, Bhopal 794.66
101 DSU-Dayananda Sagar University (School of Commerce & Management Studies), Bengaluru 792.16
102 PIMR-Prestige Institute of Management & Research, Indore 792.16
103 SIBM-Symbiosis Institute of Business Management, Hyderabad 787.01
104 JGBS-Jindal Global Business School, Sonipat 784.78
105 Faculty of Management Studies, M S University, Vadodara 784.78
106 JIMS Rohini-Jagan Institute of Management Studies, Rohini, New Delhi 784.54
107 SOIL Institute of Management, Gurugram 784.54
108 IIEBM-Indus Business School, Pune 783.78
109 School of Maritime Management, Indian Maritime University, Chennai 783.78
110 ICFAI University, Dehradun (ICFAI Business School) 783.28
111 MSRUAS-Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru 783.28
112 SDM PG Centre For Management Studies & Research, Mangaluru 778.09
113 Suryadatta Institute of Management & Mass Communication, Pune 778.09
114 KSOM-KIIT School of Management, Bhubaneswar 777.66
115 UPES, Dehradun (School of Business) 777.66
116 ICFAI University, Jaipur (ICFAI Business School) 777.27
117 IISWBM-Indian Institute of Social Welfare & Business Management, Kolkata 771.53
118 Bennett University (School of Management), Greater Noida 770.28
119 XIME-Xavier Institute of Management & Entrepreneurship, Bengaluru 770.28
120 CHRIST University (Institute of Management), Bengaluru 768.98
121 ARMY Institute of Management, Kolkata 768.98
122 Brainware University (School of Management & Commerce), Kolkata 764.95
123 XISS-Xavier Institute of Social Services, Ranchi 764.76
124 S. B. Patil Institute of Management, Pune 764.76
125 Sangam University, School of Management Studies (SOMS), Bhilwara 760.47
126 Master School of Management, Meerut 757.40
127 AIMT-ARMY Institute of Management Technology, Greater Noida 757.40
128 IMED-Institute of Management & Entrepreneurship Development, Pune 756.92
129 Sri Ramachandra Institute of Higher Education & Research (Faculty of Management Sciences), Chennai 756.92
130 IBS Mumbai-ICFAI Business School, Mumbai 756.59
131 J K Business School, Gurugram 753.22
132 AIMS Institutes, Bengaluru 751.04
133 ICFAI University, Sikkim 751.04
134 Presidency University (School of Management), Bengaluru 750.41
135 SIBMT- Suryadatta Institute of Business Management & Technology, Pune 747.37
136 GITAM School of Business, GITAM, Visakhapatnam 747.37
137 JIM-Jaipuria Institute of Management, Jaipur 745.76
138 VVCE-Vidyavardhaka College of Engineering, Department of Management, Mysuru 745.76
139 JIM-Jaipuria Institute of Management, Ghaziabad 745.74
140 CIMP-Chandragupt Institute of Management, Patna 745.74
141 ABBS School of Management, Bengaluru 743.61
142 Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai 743.61
143 SCMS Cochin School of Business, Kochi 743.28
144 Avantika University (School of Management), Ujjain 743.15
145 XLRI-Xavier Labour Relations Institute, Jamshedpur 743.15
146 MDI-Management Development Institute, Gurgaon 741.89
147 SPJIMR-S P Jain Institute of Management & Research, Mumbai 741.89
148 SIBM-Symbiosis Institute of Business Management, Pune 741.44
149 SCMHRD-Symbiosis Centre For Management & Human Resource Development, Pune 741.44
150 XIMB-Xavier Institute of Management, XIM University, Bhubaneswar 738.70
151 NMIMS School of Business Management, Mumbai 738.70
152 IMI-International Management Institute, New Delhi 737.66
153 MICA, Ahmedabad 737.59
154 IMT-Institute of Management Technology, Ghaziabad 737.59
155 TAPMI-T A Pai Management Institute, Manipal 735.60
156 Great Lakes Institute of Management, Chennai 735.60
157 FORE School of Management, New Delhi 734.69
158 Woxsen University (Woxsen School of Business), Hyderabad 734.53
159 GIM-Goa Institute of Management, Goa 734.53
160 Dr. D. Y. Patil B-School, Pune 733.53
161 N. L. Dalmia Institute of Management Studies and Research, Mumbai 733.53
162 IBS-ICFAI Business School, Hyderabad 733.18
163 RCBS-Rajagiri Centre For Business Studies, Kochi 733.18
164 NIRMA University, (Institute of Management) Ahmedabad 732.12
165 IMI- International Management Institute, Bhubaneswar 732.12
166 IMT- Institute of Management Technology, Nagpur 730.62
167 K.J. Somaiya Institute of Management, Somaiya Vidyavihar University Mumbai 729.64
168 SCIT-Symbiosis Centre For Information Technology, Pune 729.64
169 BITS Pilani, Pilani Campus, Department of Management, Pilani 727.56
170 GBSRC- Global Business School & Research Centre, Dr. D. Y. Patil Vidyapeeth, Pune 727.56
171 LBSIM-Lal Bahadur Shastri Institute of Management, New Delhi 727.28
172 JSSCMS- JSS Centre For Management Studies, JSS Science & Technology University, Mysuru 727.28
173 IRMA-Institute of Rural Management Anand, Anand 726.04
174 IMI-International Management Institute, Kolkata 725.86
175 TAXILA Business School, Jaipur 725.86
176 BIMTECH-Birla Institute of Management Technology, Greater Noida 723.56
177 Chitkara Business School, Rajpura-Patiala 723.56
178 LIBA-Loyola Institute of Business Administration, Chennai 723.11
179 SIOM-Symbiosis Institute of Operations Management, Nashik 723.11
180 VITBS- VIT Business School, VIT Vellore 721.02
181 AMITY Business School, Noida 721.02
182 NBS-Narayana Business School, Ahmedabad 720.59
183 Amrita School of Business, Coimbatore 720.59
184 SSIM-Siva Sivani Institute of Management, Hyderabad 716.65
185 MYRA School of Business, Mysuru 716.65
186 MSRIM- M S Ramaiah Institute of Management, Bengaluru 716.32
187 IIMS-International Institute of Management Studies, Hinjawadi Campus, Pune 716.32
188 Jaipuria Institute of Management (JIM), Noida 714.52
189 SSBF- Symbiosis School of Banking & Finance, Pune 714.52
190 SVKM’s Narsee Monjee Institute of Management Studies, Bengaluru 714.04
191 IMS Ghaziabad-Institute of Management Studies, Ghaziabad 714.04
192 Globsyn Business School, Kolkata 711.31
193 Chandigarh University, (University School of Business), Mohali 711.31
194 BML Munjal University (School of Management), Gurugram 710.81
195 RVIM-RV Institute of Management, Bengaluru 710.81
196 BVIMR-Bharati Vidyapeeth University/Institute of Management & Research, New Delhi 709.58
197 PSG Institute of Management, Coimbatore 709.09
198 LPU-Lovely Professional University (Mittal School of Business), Jalandhar 705.08
199 OPJU- O P Jindal University, Raigarh 704.62
200 ADAMAS University (School of Business & Economics), Kolkata 702.40
201 SIMS-Symbiosis Institute of Management Studies, Pune 701.94
202 DSU-Dayananda Sagar University (School of Commerce & Management Studies), Bengaluru 700.52
203 PIMR-Prestige Institute of Management & Research, Indore 700.16
204 SIBM-Symbiosis Institute of Business Management, Hyderabad 694.66
205 JGBS-Jindal Global Business School, Sonipat 694.21
206 JIMS Rohini-Jagan Institute of Management Studies, Rohini, New Delhi 689.83
207 SOIL Institute of Management, Gurugram 689.34
208 IIEBM-Indus Business School, Pune 686.26
209 ICFAI University, Dehradun (ICFAI Business School) 685.77
210 MSRUAS-Faculty of Management & Commerce, Ramaiah University of Applied Sciences, Bengaluru 683.87
211 SDM PG Centre For Management Studies & Research, Mangaluru 683.37
212 Suryadatta Institute of Management & Mass Communication, Pune 680.09
213 KSOM-KIIT School of Management, Bhubaneswar 679.87
214 UPES, Dehradun (School of Business) 678.39
215 ICFAI University, Jaipur (ICFAI Business School) 677.95
216 IISWBM-Indian Institute of Social Welfare & Business Management, Kolkata 676.93
217 Bennett University (School of Management), Greater Noida 673.78
218 XIME-Xavier Institute of Management & Entrepreneurship, Bengaluru 671.77
219 CHRIST University (Institute of Management), Bengaluru 666.99

Fee Structure for Top Business Schools in India

Every management aspirant looks forward to admission to top management institutions in India. There are lots of factors that can contribute to making these institutions the best for the students. However, the fee structure can be vital in selecting the best B-schools.

MBA college costs differ significantly depending on the type of B-school. These fees generally rise by 5–7% per yea. On the other hand, many management institutions provide reasonable placement rates at affordable fees. Most colleges are SIMSREE Mumbai, UBS Chandigarh, and FMS Delhi.

Now, if we talk about the current IIM fee schedule, it may vary between 14 and 25 (INR) LPA. The cost of other esteemed Top 10-20 B-schools in India ranges from Rs 14 lakhs to Rs 25+ lakhs. If you look forward to exploring the detailed fee structure of the list of top B schools in India, here we are. Check out the detailed list of Fee Structure of these schools-

Also Read : Top 100 MBA Colleges in India | Best 50 Business Schools of India

fees-of-top-mba-colleges-in-india
Ranking College Name Fee Structure
1 IIM Ahmedabad 33 Lakh
2 FMS-Faculty of Management Studies 2 Lakh
3 IIM Calcutta 31 Lakh
4 IIM Bangalore 24.50 Lakh
5 IIM Kozhikode 22.50 Lakh
6 IIM Lucknow 20.30 Lakh
7 IIFT Delhi (Indian Institute of Foreign Trade) 21.15 Lakh
8 IIM Mumbai 21 Lakh
9 IIM Indore 11.04 Lakh
10 IIT Bombay 21.10 Lakh
11 IIM Raipur 18.00 Lakh
12 IIT Kharagpur
(Vinod Gupta School of Management
)
43.37 Lakh
13 IIT Delhi 12 Lakh
14 IIM Udaipur 21.43 Lakh
15 IIM Ranchi 17.50 Lakh
16 IIM Rohtak 17.29 Lakh
17 IIM Madras 1.96 Lakh
18 IIT Kharagpur
(MHRM Department of Humanities and Social Science)
12.50 Lakh
19 JBIMS
(Jamnala Bajaj Institute of Management Studies)
06.10 Lakh
20 UBS
(University Business School)
46 Thousand
21 IIM Nagpur 18.90 Lakh
22 IIT Roorkee-Dept. of Management Studies 08.52 Lakh
23 IIM Tiruchirappalli 19.50 Lakh
24 IIM Visakhapatnam 17.82 Lakh
25 SIMSREE (Sydenham Institute of Management Studies, Research and Entrepreneurship Education) 67 Thousand
26 BHU-Institute of Management Studies 50 Thousand
27 Taxila Business School 10 Lakh
28 DBE-DU-Department of Business Economics 97 Thousand
29 IIM Kashipur 17.30 Lakh
30 IIT-ISM Dhanbad-Dept. of Management Studies 3.00 Lakh
31 IIM Shillong 22.71 Lakh
32 IIM Jammu 18.55 Lakh
33 IIM Bodh Gaya 16.28 Lakh
34 IIM Amritsar 14.78 Lakh
35 NIT Tiruchirappalli 2.70 Lakh
36 ABV-IIITM Gwalior 2.26 Lakh
37 AMU-Faculty of Management Studies & Research 5.87 Lakh
38 IIM Sambalpur 13.15 Lakh
39 NTPC School of Business 16.00 Lakh
40 IIM Sirmaur 17.50 Lakh
41 JMI-Centre for Management Studies 47 Thousand
42 NIBM-National Institute of Bank Management 16.00 Lakh
43 MANAGE
(National Institute of Agricultural Extension Management)
8.50 Lakh
44 IIFM Bhopal 11.80 Lakh
45 Faculty of Management Studies
(Vadodara)
82 Thousand
46 School of Maritime Management
(IMU)
4.10 Lakh

Average Placements of Top MBA Colleges of India

One of the most important factors an MBA applicant looks at before enrolling in any top-ranked B-school is its placement date. The Average MBA Placements in 2024 for the best ranked mba institutes are listed below-

S.No College Name Average Packages
1 IIM Ahmedabad Rs 35.68 LPA
2 FMS-Faculty of Management Studies Rs 34.01 LPA
3 IIM Calcutta Rs 35.07 LPA
4 IIM Bangalore Rs 35.31 LPA
5 IIM Kozhikode Rs 31.02 LPA
6 IIM Lucknow Rs 32.23 LPA
7 IIFT Delhi (Indian Institute of Foreign Trade) Rs 29.01 LPA
8 IIM Mumbai Rs 25.40 LPA
9 IIM Indore Rs 30.21 LPA
10 IIT Bombay RS 28.88 LPA
11 IIM Raipur Rs 21.04 LPA
12 IIT Kharagpur (Vinod Gupta School of Management) RS 22.13 LPA
13 IIT Delhi Rs 24.45 LPA
14 IIM Udaipur Rs 20.09 LPA
15 IIM Ranchi Rs 17.50 LPA
16 IIM Rohtak Rs 18.73 LPA
17 IIM Madras Rs 20.19 LPA
18 IIT Kharagpur(MHRM Department of Humanities and Social Science) Rs 15.40 LPA
19 JBIMS(Jamnala Bajaj Institute of Management Studies) RS 28.02 LPA
20 UBS(University Business School) Rs 13.67 LPA
21 IIM Nagpur Rs 16.74 LPA
22 IIT Roorkee-Dept. of Management Studies Rs 18.34 LPA
23 IIM Tiruchirappalli Rs 20.55 LPA
24 IIM Visakhapatnam Rs 16.61 LPA
25 SIMSREE (Sydenham Institute of Management Studies, Research and Entrepreneurship Education) Rs 15.19 LPA
26 BHU-Institute of Management Studies RS 9.7 LPA
27 Taxila Business School RS 12.5 LPA
28 DBE-DU-Department of Business Economics RS 17.10 LPA
29 IIM Kashipur Rs 18.10 LPA
30 IIT-ISM Dhanbad-Dept. of Management Studies RS 16.45 LPA
31 IIM Shillong Rs 18.76 LPA
32 IIM Jammu RS 16.50 LPA
33 IIM Bodh Gaya Rs 15.68 LPA
34 IIM Amritsar Rs 16.51 LPA
35 NIT Tiruchirappalli Rs 7.50 LPA
36 ABV-IIITM Gwalior RS 18.5 LPA
37 AMU-Faculty of Management Studies & Research RS 14 LPA
38 IIM Sambalpur RS  16.63 LPA
39 NTPC School of Business RS 12 LPA
40 IIM Sirmaur Rs 14.45 LPA
41 JMI-Centre for Management Studies INR 9 LPA
42 NIBM-National Institute of Bank Management RS 15.22 LPA
43 MANAGE(National Institute of Agricultural Extension Management) RS 12.33 LPA
44 IIFM Bhopal RS 10 LPA
45 Faculty of Management Studies (Vadodara) Rs 5 LPA
46 School of Maritime Management(IMU) Rs 5 LPA

Top 25 Private B-Schools in India

MBA or management institutes in India are classified into two categories based on ownership first is government and the other is private. Private schools in recent years have shown amazing growth and outclassed some of the prestigious management institutes of India. It’s the private institute which is bringing new trends and setting the level high. Getting admission to these colleges is comparatively easier than government MBA colleges but the placements, fees and facilities are similar to them. Here are the best 25 MBA/PGDM colleges in India in 2024

Rankings MBA Colleges (Private) State Overall Index Score
1 XLRI-Xavier Labour Relations Institute, Jamshedpur   Jharkhand 904.32
2 MDI-Management Development Institute, Gurgaon   Haryana 901.73
3 SPJIMR-S P Jain Institute of Management & Research, Mumbai   Maharashtra 897.9
4 SIBM-Symbiosis Institute of Business Management, Pune   Maharashtra 894.07
5 SCMHRD-Symbiosis Centre For Management and Human Resource Development, Pune   Maharashtra 889.7
6 XIMB-Xavier Institute of Management, XIM University, Bhubaneswar   Odisha 884.78
7 NMIMS School of Business Management, Mumbai   Maharashtra 881.9
8 IMI-International Management Institute, New Delhi   Delhi 880.32
9 MICA, Ahmedabad   Gujarat 876.89
10 IMT-Institute of Management Technology, Ghaziabad   Uttar Pradesh 874
11 TAPMI-T A Pai Management Institute, Manipal   Karnataka 870.84
11 Great Lakes Institute of Management, Chennai   Tamil Nadu 870.54
12 FORE School of Management, New Delhi   Delhi 866.54
12 Woxsen University (Woxsen School of Business), Hyderabad   Telangana 866.14
13 GIM-Goa Institute of Management, Goa   Goa 862.64
14 Dr. D. Y. Patil B-School, Pune   Maharashtra 856.49
15 N. L. Dalmia Institute of Management Studies and Research, Mumbai   Maharashtra 852.82
15 IBS-ICFAI Business School, Hyderabad   Telangana 852.44
16 RCBS-Rajagiri Centre For Business Studies, Kochi   Kerala 849.58
17 NIRMA University, (Institute of Management) Ahmedabad   Gujarat 848.14
17 IMI- International Management Institute, Bhubaneswar   Odisha 847.71
18 IMT- Institute of Management Technology, Nagpur   Maharashtra 841.2
18 K.J. Somaiya Institute of Management, Somaiya Vidyavihar University Mumbai Maharashtra 840.72
19 SCIT-Symbiosis Centre For Information Technology, Pune   Maharashtra 835.76
19 BITS Pilani, Pilani Campus, Department of Management, Pilani   Rajasthan 835.32
20 GBSRC- Global Business School & Research Centre, Dr. D. Y. Patil Vidyapeeth, Pune   Maharashtra 829.7
20 LBSIM-Lal Bahadur Shastri Institute of Management, New Delhi   Delhi 829.3
21 JSSCMS- JSS Centre For Management Studies, JSS Science & Technology University, Mysuru   Karnataka 820.46
21 IRMA-Institute of Rural Management Anand, Anand   Gujarat 820.16
22 IMI-International Management Institute, Kolkata   West Bengal 815.26
22 TAXILA Business School, Jaipur Rajasthan 815.06
23 BIMTECH-Birla Institute of Management Technology, Greater Noida   Uttar Pradesh 810.11
24 Chitkara Business School, Rajpura-Patiala   Punjab 809.74
25 LIBA-Loyola Institute of Business Administration, Chennai   Tamil Nadu 804.36

25 Best Government B-Schools of India in 2024

Rankings MBA Colleges (Government) Overall Index Score
1 IIM Ahmedabad-Indian Institute of Management, Ahmedabad   937.24
2 FMS-Faculty of Management Studies, University of Delhi, Delhi   933.39
3 IIM Calcutta-Indian Institute of Management Calcutta, Kolkata   931.2
4 IIM Bangalore-Indian Institute of Management Bangalore, Bengaluru   925.89
5 IIM Kozhikode-Indian Institute of Management, Kozhikode   921.88
6 IIM Lucknow-Indian Institute of Management, Lucknow   915.04
7 IIFT Delhi-Indian Institute of Foreign Trade, New Delhi   909.7
8 IIM Mumbai-Indian Institute of Management, Mumbai (Formerly, NITIE, Mumbai)   903.86
9 IIM Indore-Indian Institute of Management, Indore   900.35
10 IIT Bombay-Shailesh J Mehta School of Management, Indian Institute of Technology Bombay, Mumbai   895.33
11 IIM Raipur-Indian Institute of Management, Raipur   889.79
12 IIT Kharagpur-Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur   884.92
13 IIT Delhi-Dept. of Management Studies, Indian Institute of Technology Delhi, New Delhi   879.45
14 IIM Udaipur-Indian Institute of Management, Udaipur   875.2
15 IIM Ranchi-Indian Institute of Management, Ranchi   866.18
16 IIM Rohtak-Indian Institute of Management, Rohtak   861.72
17 IIT Madras-Department of Management Studies, Indian Institute of Technology Madras, Chennai   861.4
18 IIT Kharagpur-MHRM Department of Humanities and Social Science, Indian Institute of Technology, Kharagpur   857.59
19 JBIMS-Jamnalal Bajaj Institute of Management Studies, Mumbai   852.84
20 UBS-University Business School, Panjab University, Chandigarh   848
21 IIM Nagpur-Indian Institute of Management, Nagpur   842.56
22 IIT Roorkee-Dept. of Management Studies, Indian Institute of Technology, Roorkee   834.5
23 IIM Tiruchirappalli-Indian Institute of Management, Tiruchirappalli   827.53
24 IIM Visakhapatnam-Indian Institute of Management, Visakhapatnam   822.56
25 SIMSREE Mumbai-Sydenham Institute of Management Studies, Research And Entrepreneurship Education, Mumbai   819.5

Which are the Top 5 Best MBA Colleges in India?

IIM Ahmedabad, FMS (Faculty of Management Studies), IIM Calcutta, IIM Bangalore, and IIM Kozhikode are the Top  5 Best MBA Colleges in India. In addition, JBIMS (Jamnala Bajaj Institute of Management Studies), UBS (University Business School), IIM Nagpur, and IIM Tiruchirappalli are among the best B-schools in India.

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Which MBA college has the Best ROI?

Indian Institute of Management (IIM), Calcutta, has the highest ROI among MBA colleges in India. This institute offers an average package of Rs 35 LPA with a fee of INR 31 LPA for a two-year program.

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How to Select the Best MBA College?

While Selecting the best MBA college, first you need to consider the curriculum of the MBA program. Second, review the famous accreditations, the Average Placement Rate, and the fee structure. Most Importantly, research about the college’s reputation, location, student results, and alumni connections.

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How to Apply To Top Business Schools in India?

Interested students who want to be enrolled in top business schools in India can take various entrance tests. These entrance exams majorly include CAT, IIFT, GMAT, and XAT. NMAT, MAT, SNAP, CMAT, and IBSAT are other MBA entrance exams.

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What are the Fees of the Best B-Schools in India?

The average fees of the best B-schools in India range between Rs 11 to 30 lakhs per annum. However,  the fees of the second best MBA college i.e. FMS-Delhi is 1.92 lakh per annum.

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What is the Average Salary After Graduating from an MBA college?

The Average Salary of MBA graduates depends on their skills and Institutions. For instance, the average salary of the graduates from the best MBA colleges in India is approx 15-25 LPA. 

On the other hand, students who study at private institutions usually have around 3.5 to 4.5 LPA. However, the salary package depends completely on the student’s experience and abilities.

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