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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 CAT MAT CMAT ATMA NMAT MAH MBA CET 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 MAH MBA CET ICET APs TS ICET TANCET 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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