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IIM Ahmedabad, IIM Calcutta and IIM Bangalore are among some of the best MBA colleges in India. Pursuing a Master of Business Administration (MBA) degree puts candidates in an advantageous position due to top quality education, outstanding learning experiences along with high placements offered by more than 5,200 colleges in India.

An MBA degree after graduation allows one to qualify for recruitment by large companies. Candidates can get into the best MBA colleges in India based on performance in entrance exams like CAT, MAT, XAT, CMAT, GMAT (Postgraduate Management Admission Test) & ATMA. The most important information regarding the best MBA Colleges in India has been provided below:

Best MBA Colleges in India NIRF Ranking 2021

The top MBA colleges in India are ranked depending on several parameters such as last three years placement record, infrastructure, schools and learning environment

Faculty, geographic location, etc. The following table shows the NIRF 2021 rankings for the Best MBA colleges in India:

institution name NIRF Ranking 2021 NIRF 2021 scores
IIM Ahmedabad 1 83.69
IIM Bangalore 2 83.48
II Calcutta 3 80.04
IIM Kozhikode 4 73.34
Department of Management Studies (DMS) IIT Delhi, Delhi 5 72.15
IIM Indore 6 71.1
IIM Lucknow 7 71.02
XLRI, Jamshedpur 8 69.93
IIT Kharagpur 9 69.5
SJMSOM, IIT Bombay 10 68.08
II Raipur 15
IIM Tiruchirappalli 17
II Udaipur 18

Best MBA Colleges in India- Highlights

Some of the key highlights of the best MBA Colleges in India have been tabulated below:

Number of MBA Colleges in India 5,200 (Approx.)
Types of MBA Colleges Government and Private
Total Number of IIMS 20
Approval Authority for MBA Colleges in India AICTE (All India Technical Education Council)

UGC (University Grants Commission)

MHRD (Ministry of Human Resources Development)

Registration Process

Based on merit depending on the score obtained by the candidate in:

(a) qualification exam

(b) state/national level entrance exams such as







Candidates may also have to take separate entrance exams when enrolling in some private institutions.

General MBA courses in India Sales and marketing

Human Resource Management

Banking and Finance

International business

Top 10 MBA Colleges in India- Cost

Here is a list of the ten best MBA colleges in India along with their average annual fees:

Top 10 MBA Colleges in India Average Annual Cost (INR)
Ahmedabad IIM Fees 23.00,000
IIM Calcutta Fees 23.00,000
Bangalore IIM Fee 23.00,000
IIM Lucky Fee 20.10,000
SPJIMR Mumbai Fees 19,000,000
IIM Ranchi Fees 17,60,000
Xavier Institute of Labor Relations (XLRI), Jamshedpur . Fee 12.90.000
Indian Institute of Technology Roorkee Fees 10,76,000
Indian Institute of Technology Kanpur Fees 10,76,000
Institute of Business Management Symbiosis, Pune Fee 9.62,500

Best MBA College Admission Process in India

The detailed admission process for the best MBA colleges in India is given below:

Minimum Eligibility Criteria for IIMS

Candidate must possess a bachelor’s degree, with a minimum grade of 50% or equivalent CGPA.

In the case of candidates who fall into the category of Scheduled Caste (SC)/Scheduled Tribe (ST)/People with Disabilities (Disabled), this is relaxed to 45%

A bachelor’s degree or equivalent qualification obtained by the candidate must have completed at least three years of education after completing high school (10+2) or its equivalent.

Candidates who appear for the bachelor’s degree/last year equivalent qualification examination and those who have completed the degree requirements and are awaiting results may also apply. The candidate must present a certificate from the principal/department head.

MBA Admission Through National Level Entrance Exam

Candidates must take the following national level entrance exams to gain admission to the best public & private MBA colleges in India, including IIIM:

ATMA (AIMS Test for Management Acceptance)

CAT (General Admission Test)

CMAT (General Management Admission Test)

GMAT (Postgraduate Management Entrance Test)

MAT (Management Aptitude Test)

TISSNET (National Entrance Test of the Institute of Social Sciences)

SNAP (National Symbiosis Aptitude Test Online)

MAH CET (Maharashtra General Entrance Test)

Students who qualify for this exam are assigned a seat through a counseling process based on their rank on the entrance test.

MBA Admission Through State-level Entrance Exam

Some states are responsible for conducting their entrance tests for admission to the MBA program. Some of the state-level entrance exams are:

Karnataka PGCET





Candidates who qualify for the entrance test are assigned a seat through a counseling process based on their rank.

MBA Admission Through Institute Level Entrance Exam

Candidates must take an institute level entrance examination to seek admission to a particular institute. Some of the state level entrance exams are IPU CET, AMUEE, CUCE, LPUNESTetc.

Candidates who qualify for the entrance test are eligible for the counseling process.

Management Quota MBA Admission It is common practice in some colleges to have multiple seats reserved for management quotas. Admission to the course via quota management seats is based on merit and is subject to qualifying exam scores.

Best MBA Colleges in India: Cutoff

The main factor governing the admission of candidates to the best MBA colleges in India is the deadline for entrance examinations. The cut-off percentiles for the best MBA colleges in India are given below:

College Name Cutoff percentile
IIM Bangalore deadline 99-100
Farewell IIM Ahmedabad 98-99
Calcutta IIM Limit 98-99
IIM Lucknow deadline 98-99
IIM Kozhikode cut-off 95-98
IIM Indore cut-off 95-98
Gurgaon MDI Limits 94-98
XLRI Jamshedpur cut-off 92-94
IIT Kharagpur cut-off 90-95
Farewell IIT Delhi 90-95

Best MBA Colleges in India- Placements

The following table shows the average salary and highest CTC offered by the best MBA colleges in India:

College Name Average salary

(at LPA)

Highest CTC

(at LPA)

Indian Institute of Management, Bangalore 28.60 L 32 L
Indian Institute of Management, Calcutta 27.67 L 80 L
Indian Institute of Management, Ahmedabad 25 L 55 L
Indian Institute of Management, Lucknow 23.5 L 58.47 L
Indian Institute of Management, Indore 21 L 31.68 L
Indian Institute of Management, Kozhikode 26.50 L 58 L
Indian Institute of Management, Trichy 17 L 30 L
MDI Gurgaon 23 L 40.50 L
SP Jain Institute of Management & Research, Mumbai 25 L 28 L
XLRI Xavier School of Management, Jamshedpur 23 L 50 L
Indian Institute of Technology, Kharagpur 17.12 L

MBA Specializations Offered in India

Candidates can choose the following specializations offered by the best MBA colleges in India:

Business Administration General management Finance
Marketing Human Resource Management Business management
International business Business analysis Flight management
Retail Management Health Management Operation management
Logistics and Supply Chain Management Executive MBA Banking and Insurance
Entrepreneurship and Family Business Information Technology Tourism Management
Banking and Insurance Digital Marketing Hospital management
Information System Management Accountancy Project management
Airline and Airport Management Advertising Management Global Management
Startup Management Export Management Rural Management

Top Recruiters of MBA Graduates in India

The top recruitment agencies hiring MBA graduates from the best MBA colleges in India are as follows:

UBS Unilever Hindustan Bank of America
National Stock Exchange Mahindra Box Group Bajaj Auto
Bloomberg Bharti Airtel Barclays Capital
L’Oreal Paris Reserve Bank of India Godrej
Boston Consulting Group German Bank IBM
Deloitte Citigroup JP Morgan
Reckitt Benckiser HCL American Express


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