The top Master of Business Administration (MBA) colleges in India ready the student for any management-related job by providing up-to-date curriculum, internship opportunities and mentorship programs.

Furthermore, upon completing an MBA, students get highly compensated placements from leading companies in India and the world.

These Master of Business Administration (MBA) colleges are distributed all over India in cities like Delhi, Bangalore, and Ahmedabad to give students flexibility. 

Both domestic and international students are welcome to the programs. However, the best Master of Business Administration (MBA) Colleges require international students to give the GMAT.

Here laid out the 10 top-notch Master of Business Administration (MBA) institutions in India according to the NIRF Management Rankings. Note that these universities are listed based on parameters like- 

• Teaching, Learning and Resources

1. Total budget in the department and its utilization.
2. The ratio of faculty and student
3. Student strength

• Research and Professional Practice

1. Quality and quantity of publications
2. IPR and Patents
3. Development programmes and professional practice.

• Graduation Outcomes

1. Median Salary
2. PhD Graduates stats
3. Percentage of placement received by students
4. Entrepreneurship and higher education prospects of Students

• Outreach and Inclusively

1. Global student
2. Diversity- the percentage of women, economically and socially challenged students
3. Amenities and advantages for physically disabled students.

• Perception

1. Academic perspective
2. Public view
3. Competitiveness
4. Employers and Research Investors

Best Master of Business Administration (MBA) Colleges in India according to NIRF Ranking 2020

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More on the 10 Top MBA Colleges in India

IIM Ahmedabad- Indian Institute of Management

• Students are selected for the MBA program based on the GMAT score, Analytical Writing test (AWT), and Personal Interview (PI).
• The total cost of studying for an MBA for 2 years for domestic students is INR 23 Lakhs (this includes INR 17 Lakhs tuition fees).
• For overseas Indians, the fees are USD 25,000. Note that this includes all expenses like tuition, accommodation and course materials.
• Past recruiters are industry legends like Amazon, Nokia,  TATA, Microsoft, Pepsico, etcetera.
• MBA graduates from IIM Ahmedabad found a career in IT, Engineering, Consulting, Finance, Online services, Manufacturing, healthcare, etc.
• The median salary IIM Ahmedabad graduates receive is around INR 25,00,000 per year.
• MBA programs provided by IIM Ahmedabad are:
• 2-year Postgraduate Programme in Management (MBA)
• 2-year Postgraduate Programme in Food and Agri-business Management (MBA-FABM)
• One-year Full-time Post Graduate Programme in Management for Executives (MBA-PGPX)

IIM Banglore- Indian Institute of Management

• Top MBA College in Banglore and India.
• CAT/GMAT Score is a prime requirement.
• The total fees for 2 years of MBA are INR 23,00,000.
• Top recruiters for IIM Banglore students are Amazon, Bain & Company, Accenture Strategy, Vodafone Idea Limited, etcetera.
• IIM Ahmedabad MBA graduates found a career in IT, Engineering, Consulting, Finance, Online services, Manufacturing, healthcare, etc.
• The median salary IIM Ahmedabad graduates receive is around INR 25,00,000 per year, and the average salary is 32 Lac per annum.
• The MBA variations are:
  • 2-year full-time MBA
  • One year full-time EMBA
  • 2-year Weekend MBA
  • 2-year full-time Master of Business Administration (Business Analytics)- MBA(BA)
  • IIM Calcutta- Indian Institute of Management

IIM Calcutta- Indian Institute of Management

• Students are selected based on GMAT and personal interviews.
• Offers mentorship programs, summer internships and job placements.
• Top recruiters for IIM Banglore students are Mahindra & Mahindra, Accenture Strategy, TATA Group, Asian Paints, CocaCola, etcetera.
• The Tuition fee for MBA is around 20 Lakhs.
• The median salary IIM Ahmedabad graduates receive is around INR 23,00,000 per year.
• MBA program variations available at IIM Calcutta are:
  • 2 year MBA
  • One-year MBA for Executives Program (MBAEx)
  • 1 year Post Graduate Program for Executives for Visionary Leader in Manufacturing (PGPEX-VLM)
  • 2 year Post Graduate Program in Business Analytics (PGDBA)

IIM Lucknow- Indian Institute of Management

• Tuition fees are around INR 9.5 Lakhs.
• One of the top management colleges in India.
• The MBA/ Management programs offered by IIM Lucknow are:
  • Post Graduate Program in Management
  • 2-year Post Graduate Program in Agribusiness Management (PGP-ABM).
  • 2-year Post Graduate Program in Sustainable Management (PGPSM).
  • 2-year Post Graduate Program for Working Executives/ Working Managers Programme.
  • International Programme in Management for Executives
  • Fellow Program in Management
  • Executive Fellow Programme in Management

VGSOM IIT Kharagpur- Vinod Gupta School of Management

• Selection is based on CAT score and Personal Interview.
• The tuition fee for an MBA at Vinod Gupta School of Management (including hostel charges) is around INR 10 Lakhs.
• The Management Programs offered are:
  • MBA
  • Executive MBA
  • PHD
  • Post Graduate Diploma in Business Analytics (PGDMBA)

IIM Kozhikode- Indian Institute of Management, Kerala

• Students need to appear on GMAT, GRE, CAT or EMAT
• The MBA program costs INR 10 Lakhs, payable in seven instalments.
• The programs provided by IIM Kozhikode are:
  • Executive Post Graduate Programme - Interactive Learning Mode
  • Master of Business Administration- Kochi Campus [Executive Post Graduate Programme]
  • PhD Programme In Management (Practice Track)
  • Management Development Programme (MDP)
  • Faculty Development Programme (FDP)
  • Doctoral Programme in Management (PhD)
  • Post Graduate Programme (PGP)
  • Post Graduate Programme in Finance (PGP-Finance)
  • Post Graduate Programme in Liberal Studies & Management (PGP-LSM)
  • Post Graduate Programme in Business Leadership (PGP-BL)

IIM Indore- Indian Institute of Management

• Students need to appear on CAT or GMAT.
• The total tuition fees are INR 2,75,000 for domestic students and INR 4,05,000 for NRI or foreign students.
• The programs offered by VGSOM IIT Kharagpur are:
• Post Graduate Programme in Management (PGP)
• Executive Post Graduate Programme in Management (EPGP)
• Post Graduate Programme at Mumbai (PGP-Mumbai)
• Five-Year Integrated Programme in Management (IPM)
• Post Graduate Programme in Management for Working Executives (PGPMX) in Mumbai
• Post Graduate Programme in Human Resource Management (PGP-HRM)
• Fellow Programme in Management (FPM)
• Executive Fellow Programme in Management (EFPM)
• Executive Fellow Programme in Management and Governance (EFPMG)
• Post Graduate Programme in Management for Working Executives (PGPMX) in Mumbai

IIT DMS

• Established in 1993 AD.
• Students are selected based on CAT/GMAT/GRE.
• The tuition fees are 9.6 lakhs.
• Average placement Package INR 18 Lakhs per annum.
• Available management programs are:
  • Full-time MBA
  • Executive MBA
  • MBA Telecom
  • Managerial Development Programs

Xavier Labour Relations (XLRI), Jamshedpur

• Selection based on XAT and GMAT
• Private MBA College in India was established in 1949 AD.
• Offers both postgraduate and fellowships programmes in Management.
• It costs around INR 23 Lakhs.
• The average placement Package is 24 Lakhs per annum.
• Available management programs are:
  • 2 year Post Graduate Diploma in Business Management (PGDBM)
  • Executive PGDM
  • 3-year PGDMBM

Management Development Institute

• Private MBA College
• The fees range from INR 8 Lakhs to 20 Lakhs.
• The average placement package is 22 Lakhs per year.
• Available programs are:
  • Post-Graduate Diploma in Management (PGDM)
  • Post-Graduate Diploma in Management-Human Resource Management
  • Post-Graduate Diploma in Management- International Business
  • Post-Graduate Diploma in Management
  • Executive Management Programme
  • Fellowship programme in Management

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