Top MBA Colleges in India with Fee Structure, Eligibility, Scope, Job Opportunities, and Salary Packages

Posted by IIRF Ranking on February 1st, 2024

The top MBA colleges in India. Approximately 70 of the top MBA colleges in India are privately owned, while the remaining 46 are public or government-run. There will be around 116 top MBA colleges in India 2023. The MBA program is a management- and marketing-focused academic program. It covers topics like organizational behavior, marketing, management principles, supply chain management, operations management, and so on. Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, and Accenture are among the top MBA recruiters.

The Master of Business Administration, or MBA, is one of the most sought-after postgraduate degrees. This two-year program prepares students for a variety of corporate jobs. Students from several disciplines, including the humanities, business, and sciences, pursue the MBA. A traditional MBA is a two-year program divided into four semesters. There are also a few private MBA institutions that provide one-year PGDM programs.

Eligibility Criteria:

  • The qualifying criteria for various types of MBAs varied. We discuss the Eligibility Criteria for a Full-time MBA program in this section.

  • The candidate must have a bachelor's degree in any topic or field from a reputable university.

  • The candidate must have a graduating grade point average of at least 50%.

  • Students from the ST/SC/OBC categories in India are admitted to MBA programs if they have at least 45% in their degree.

  • MBA programs are open to professionals from all disciplines, including those who have finished their CS, CA, or ICWA.

  • Any graduate applicant can be admitted to a full-time MBA program providing they provide sufficient documentation that they will graduate within the specified time limit.

Admission

Getting admission into a top MBA college in India without CAT is not for everyone. It is difficult. You must pass difficult entry exams to be admitted to the top MBA colleges in India, Without entrance exams, it is impossible to be admitted. Entrance exams assess your general knowledge, analytical skills, numeric ability, English and communication skills, and topic competence. In some of the top MBA colleges in India, direct admission is provided. Most top MBA colleges in India, placement-wise, provide admission based on multiple entrance tests. The exam is difficult, and you must give your all and put your heart, mind, and soul into the admission process if you want to get admitted to Top MBA Colleges in India with low fees in terms of placement. Most of the top MBA colleges in India except IIM.


Scope, Job Opportunities, and Salary Packages of the MBA:

In the employment market, the value of an MBA is significant. Every brand, every new player, and everyone else needs efficient and capable leaders, managers, and administrators to come ahead and lead their organization to success. MBAs with strong management knowledge and abilities are in great demand among recruiters. MBAs are handsomely compensated by several market leaders. 

MBA salaries in India range from INR 7,00,000 to INR 12,00,000 per year, depending on the MBA program. The average MBA salary in India in 2021 was INR 7,71,801. An MBA is one of the highest-paying postgraduate degrees.

An MBA provides several chances and opens doors to business and government organizations. An MBA can help you become a manager or entrepreneur and establish your own business. It enables you to advance into management and administrative jobs, which offer new professional opportunities. Following an MBA, there are several employment opportunities available that pay well.

You can go through the IIRF Ranking website and get the top MBA colleges in India with fees. The following are the top MBA colleges in India IIRF, according to the Indian Institutional Ranking Framework (IIRF).

Top 20 MBA Colleges in India (Government)

1 Indian Institute of Management, (IIM) Ahmedabad
2 Indian Institute of Management, (IIM) Bengaluru
3 Indian Institute of Management, (IIM) Kolkata
4 Indian Institute of Management, (IIM) Lucknow
5 Faculty of Management Studies, University of Delhi, Delhi
6 Indian Institute of Management, (IIM) Kozhikode
7 National Institute of Industrial Engineering (NITIE), Mumbai
8
Shailesh J Mehta School of Management, Indian Institute of Technology (IIT), Mumbai
9 Indian Institute of Foreign Trade (IIFT), New Delhi
10 Jamnalal Bajaj Institute of Management Studies, Mumbai
11
Atal Bihari Vajpayee-Indian Institute of Information Technology And Management (ABV-IIITM), Gwalior
12 Indian Institute of Management, Indore
13
Vinod Gupta School of Management, Indian Institute of Technology (IIT), Kharagpur
14
Dept. of Management Studies, Indian Institute of Technology (IIT), New Delhi
15
Department of Management Studies, Indian Institute of Technology, Chennai
16 Indian Institute of Management, Udaipur
17 Indian Institute of Management, Tiruchirappalli
18 Indian Institute of Management, Raipur
19 Indian Institute of Management, Ranchi
20
MHRM Department of Humanities and Social Science, Indian Institute of Technology (IIT), Kharagpur


Top 20 MBA Colleges in India (Private)

1 Xavier Labor Relations Institute (XLRI), Jamshedpur
2 Management Development Institute (MDI), Gurgaon
3 Symbiosis Institute of Business Management, Pune
4 S P Jain Institute of Management & Research (SPJIMR), Mumbai
5
Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune
6 Institute of Management Technology (IMT), Ghaziabad
7 T A Pai Management Institute (TAPMI), Manipal
8 MICA, Ahmedabad
9 NMIMS School of Business Management, Mumbai
10 Xavier Institute of Management, XIM University, Bhubaneswar
11 Great Lakes Institute of Management, Chennai
12 International Management Institute (IMI), New Delhi
13 FORE School of Management, New Delhi
14 Woxsen University (Woxsen School of Business), Hyderabad
15 Dr. D. Y. Patil B-School, Pune
16 Goa Institute of Management (GIM), Goa
17 Symbiosis Centre For Information Technology (SCIT), Pune
18 Institute of Management, NIRMA University, Ahmedabad
18 Rajagiri Centre For Business Studies, Kochi
19 ICFAI Business School (IBS), Hyderabad
20
K.J. Somaiya Institute of Management Studies & Research, Mumbai

Also Read: Top Univerities in India

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