From developing a competitive management mindset to realizing global career prospects, studying at one of the top 10 MBA colleges in India has a lot to offer you as an MBA candidate.
To be eligible for the MBA, you must graduate from a recognized university in any stream, with an aggregate score of up to 60%.
Common Admission Test (CAT) is the most widely accepted entrance exam for the best MBA colleges in India.
For admission to Indian Institutes of Management (IIMs), you must take the CAT, although many other top business schools in India accept the more flexible NMAT Exam.
Here are the top 10 MBA colleges in India with costs and information on post-MBA placements and packages.*
10. Indian Institute of Management Udaipur
Cost: INR 21,30,000 ($19,200)
IIM Udaipur offers a two-year MBA which integrates key business management subjects in the first year, and electives in the second year.
IIM Udaipur intake is 325 students. Notable alumni of this top MBA college include Ritu Singh, CEO, Elawoman, Rohit Jaiswal, Co-Founder, Bombay Shaving Company, and Priyanka Verma, Product Manager, ICICI Bank.
The college recorded a high placement during the 2021 season, with the average cost to company (CTC), meaning the total salary package for an employee, at INR 21,30,000 ($28,430). Frontline recruiters include Accenture, Gognizant, and EXL.
9. Tiruchirappalli Institut Indian Institute of Management
Cost: INR 16,50,000 ($22,020)
©IIM Trichy Facebook
IIM Tiruchirappalli, or IIM Trichy, offers a two-year PGPM course, 96 credits with comprehensive coverage of business management subjects in the first year, and electives in the second year. The college also offers special HR PGPM courses.
The institute’s admission is 240 students. Notable alumni include Christopher Justin KS, Director at Landis+Gyr, Dr. Rajkumar VP, HR Leader, and Nivedia CS, Success Lead at Sprinklr.
The institute recorded high placements for the 2019-21 batch, with an average package of INR 14,85,000 ($19,820). Notable recruiters include Dell, ZS Associates, and Airtel.
8. Raipur . Indian Institute of Management
Cost: INR 14,20,000 ($18,950)
IIM Raipur offers a two-year PGP consisting of six trimesters at the lowest cost of the top 10 MBA colleges in India. The first year curriculum covers marketing, finance, quantitative methods, operations, behavioral science and strategy, with electives in the second year.
The intake at IIM Raipur is 260. Notable alumni of IIM Raipur include Pranay Mondal, IndiaMart, Tanmoy Mondal, HCL Technologies, and Abhishek Pratap, Polycab.
The institute recorded high placement in 2021 and strong for graduate outcomes, with an average package of INR 14,80,000 ($19,750). The top recruiters are Accenture, Infosys, Axis Bank, and Mindtree.
7. Gurgaon Management Development Institute
Cost: INR 21.34,000 ($28,480)
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