MBA in India: Universities, Cost, Eligibility

India is home to some of the world’s most prestigious MBA programs, offering a blend of academic rigor, industry exposure, and global opportunities. With over 5,000 management institutes, the country caters to diverse career aspirations through programs in Finance, Marketing, Analytics, and more. Below is a curated list of top MBA colleges across key regions.

MBA in India: Universities, Cost, Eligibility
Colleges MBA in India

MBA in India: Universities, Cost, Eligibility

  1. Andaman and Nicobar Islands
  2. Andhra Pradesh
  3. Arunachal Pradesh
  4. Assam
  5. Bihar
  6. Chandigarh
  7. Chhattisgarh
  8. Dadra and Nagar Haveli
  9. Daman and Diu
  10. Delhi
  11. Goa
  12. Gujarat
  13. Haryana
  14. Himachal Pradesh
  15. Jammu and Kashmir
  16. Jharkhand
  17. Karnataka
  18. Kerala
  19. Lakshadweep
  20. Madhya Pradesh
  21. Maharashtra
  22. Manipur
  23. Meghalaya
  24. Mizoram
  25. Nagaland
  26. Odisha
  27. Puducherry
  28. Punjab
  29. Rajasthan
  30. Sikkim
  31. Tamil Nadu
  32. Telagana
  33. Tripura
  34. Uttar Pradesh
  35. Uttarakhand
  36. West Bengal

Top 10 MBA Colleges in India (NIRF 2024)

India Rankings 2024: Management NIRF MBA rankings 2024 have been released today. The top ranked MBA college in India is IIM Ahmedabad, followed by IIM Bangalore.

RankCollegeLocationAccepted ExamsAvg. Package (INR)
1IIM AhmedabadAhmedabadCAT₹35–37 LPA
2IIM BangaloreBangaloreCAT₹35–36 LPA
3IIM KozhikodeKozhikodeCAT₹30+ LPA
4IIM CalcuttaKolkataCAT₹33–35 LPA
5IIT Delhi – DoMSNew DelhiCAT₹23–25 LPA
6IIM LucknowLucknowCAT₹30 LPA
7IIM Mumbai (formerly NITIE Mumbai)MumbaiCAT₹27–28 LPA
8XLRI – Xavier School of ManagementJamshedpurXAT₹32 LPA
9IIT Bombay – SJMSOMMumbaiCAT₹28–30 LPA
10IIM IndoreIndoreCAT₹25–27 LPA

What are the top 5 MBA colleges in India (2024)?

According to NIRF and industry reputation, the top 5 are:
IIM Ahmedabad
IIM Bangalore
IIM Kozhikode
IIM Calcutta
IIT Delhi (DoMS)

What entrance exams are required for top MBA colleges?

Exam
Top Colleges Accepting It
CAT
All IIMs, IITs, FMS, MDI Gurgaon, IMT Ghaziabad
XAT
XLRI Jamshedpur, XIMB, IMT, TAPMI
GMAT
ISB Hyderabad, Great Lakes, IIMs (for 1-year MBA)
NMAT
NMIMS, KJ Somaiya, IFMR
SNAP
Symbiosis institutes (like SIBM Pune, SCMHRD)

Which MBA college has the best ROI (Return on Investment)?

FMS Delhi – Fees ≈ ₹2 Lakh; Avg Package ≈ ₹30+ LPA
IITs (IIT Bombay, Delhi) – Low fees & high packages
TISS Mumbai (HRM) – Excellent ROI in HR specialization

What are the average fees for top MBA colleges?

College Approx. Fees
IIM Ahmedabad – ₹25–30 Lakh
ISB Hyderabad – ₹35–40 Lakh
FMS Delhi – ₹2 Lakh
XLRI Jamshedpur – ₹24–27 Lakh
SPJIMR Mumbai – ₹20–22 Lakh