Best MBA Colleges in India: Fees, Admission 2026, Courses, Salary, Ranking

There are 6,000+ MBA Colleges in India. Of these, 3,900+ colleges are privately owned, 500+ colleges are owned by the government and 85 colleges are owned by semi government instiututions. CAT, MAT, and CMAT are some of the top entrance exams for admission to top MBA colleges in India. IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, XLRI Jamshedpur, IIM Lucknow, DMS IIT Delhi, IIM Kozhikode, SIBM Pune ITM Business School Navi Mumbai, VVISM, and many others are some of the top MBA colleges in India. 

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The top MBA colleges in India, according to the NIRF 2025, are listed in the table below:

Top Colleges	NIRF 2023 Rank	NIRF 2024 Rank	NIRF 2025 Rank
Indian Institute of Management (IIM) Ahmedabad Ranking	1	1	1
Indian Institute of Management (IIM) Bangalore Ranking	2	2	2
Indian Institute of Management (IIM) Kozhikode Ranking	3	3	3
Indian Institute of Technology (IIT) Delhi Ranking	5	4	4
Indian Institute of Management (IIM) Lucknow Ranking	6	7	5
IIM Mumbai Ranking	7	6	6
Indian Institute of Management (IIM) Calcutta Ranking	4	5	7
Indian Institute of Management (IIM) Indore Ranking	8	8	8
Management Development Institute Ranking	13	11	9
XLRI-Xavier School of Management Ranking	9	9	10

Disclaimer: This information is sourced from the official website of the ranking body listed and may vary.

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Yes, an MBA is one of the most sought-after PG programmes in India. Below you can consider these programmes for comparison with fees and average salaries.  

College Names	Approx Total Tuition Fees	Average Median package
DMS IIT Delhi MBA	~INR 12 lakh	INR 24 LPA
IIM Ahmedabad MBA	~INR 25 lakh	INR 20 LPA - INR 32 LPA
IIM Bangalore MBA	~INR 25 lakh	INR 33 LPA
IIM Kozhikode MBA	~INR 18 lakh - INR 21 lakh	INR 25 LPA - INR 27 LPA
IIM Lucknow MBA	~INR 13 lakh	INR 30 LPA

Disclaimer: The above statistics are based on the latest data.

Hope this information proves beneficial for you!!

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No, it is not necessary to have an MBA degree to get a job in managerial post in a Government organisation.

A PGDM in a relevant specialisation can be equally eligible or suitable for a managerial role in a Government organisation also.

 

IIM-A's PGP course which leads to a Master’s degree in Business Administration is IIMA’s flagship programme for more than fifty-five years and is among the top-ranked programmes in the world for many years. Ranked 1 by NIRF 2022 for Management education, experts consider MBA at IIM-A as one of the toughest programmes to get into. Additionally, during placements in 2022, the highest and average package of IIM Ahmedabad stood at INR 61.48 LPA and INR 32.79 LPA, respectively, and 100% of the students got placement opportunities from companies, such as Bain, Amazon and Google. Thus, it isn't just worth but pursuing MBA from IIM-A is the best option in India. 

Find below the reviews by MBA students of IIM Ahmedabad:

 

Joining the top ranked MBA colleges in India, you need to go through its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Names	Total Tuition Fee	Annual Average Package
SIIB Pune MBA	INR 13 Lacs - INR 19 lakh	INR 11 LPA - INR 14 LPA
IIM Ahmedabad MBA	INR 25 lakh	INR 32 LPA
IIM Bangalore MBA	INR 25 lakh	INR 33 LPA
IIM Calcutta MBA	INR 25 lakh	INR 31 LPA
IIM Kozhikode MBA	INR 21 lakh	INR 27 LPA
IIM Mumbai MBA	INR 14 lakh	INR 28 LPA
XLRI MBA	INR 29 lakh	INR 30 LPA

Disclaimer: The above statistics are based on the latest available data.

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There are several good MBA colleges across India that have highly affordable programmes, and they have some standing across ranking frameworks like Business Today and Times B School. You can check these. 

MBA College	Total Tuition Fees
Maharaja Agrasen Himalayan Garhwal University MBA Courses	INR 60K+
SRMEEC Chennai MBA Courses	INR 70K
SNS College of Technology MBA Courses	INR 35K

Note: All info. is from official sources and can change. 

 MBA graduates from SIBM Pune get placed into various sectors such as:

• General Management

• Management Consultant

• Investment Banking

• Business Consultant

• Project Management, etc. 

Some of the popular Govt. PGDM Colleges are given in the table below:

• IIM Kozhikode
• IIM Shillong
• XLRI Jamshedpur
• MDI, Gurgaon
• MICA, Ahmedabad
• IIM Lucknow
• Great Lakes Institute of Management

IIM Kozhikode offers a two-year Post Graduate Programme (PGP) in Management, which is equivalent to MBA. Apart from regular PGP course, the institute also offers three other PG level Management courses for the same duration. In order to apply for MBA courses at IIM Kozhikode, candidates must fulfil the minimum eligibility criteria and pass all the selection parameters with a valid scores. Find below the list of IIM Kozhikode MBA/ PGP courses:

• PGP
• PGP Finance
• PGP Liberal Studies & Management
• PGP in Business Leadership

Click here to know about the IIM Kozhikode MBA course in detail. 

Symbiosis Pune MBA fees range from INR 17.2 lakh to INR 24.2 lakh. For the SIBM Executive MBA course, candidates are also supposed to pay the Institute Deposit of INR 20,000 (refundable) fee at the time of the admission process. The total fee mentioned here is the total tuition fee. Hence, is indicative. Moreover, the mentioned fee amount is as per the official website/sanctioning body. It is still subject to changes and hence, is indicative.

While preparing the cutoff for the Andhra University MBA course, the authorities will consider examination and admission-related factors. The listed factors will be checked and considered by the authorities while determining the cutoff of Andhra University MBA - previous years' cutoff trends, difficulty level of exam, total number of qualified candidates, total number of candidates applying for a specific course or specialisation, number of seats available for admission,  etc.. After checking all of these factors, the authorities will prepare the Andhra University APICET cutoff for MBA admission.

IIM Mumbai offers various courses, namely Post Graduate Diploma in Industrial Engineering (PGDIE), Post Graduate Diploma in Industrial Management (PGDIM) and Post Graduate Diploma in Sustainability Management (PGDSM), Post-Graduate Program for Executives for Visionary Leadership for Manufacturing (PGPEX-VLFM) and Fellow programme. Apart from this, the institute also offers certificate and global certificate programmes to its students.

You can get admission to the Institute of Management in Kerala, University of Kerala by following these steps : 

1. First of all you need to clear the KMAT entrance exam.
2. Apply for admission in Counselling process.
3. Fill out the complete admission form released on the official website in the month of January.
4. Upload all the required documents.

As per the National Institutional Ranking Framework (NIRF) 2024, both IIM Calcutta and IIM Ahmedabad ranked among the top 5 IIMs for their MBA course. However, IIM Ahmedabad tops the list, while IIM Calcutta ranked at fifth spot. Talking about IIM Calcutta placements 2024, it has recorded 100% placements for its flagship PGP (MBA) programme. 

The highest package offered during IIM Calcutta MBA placements 2024 stood at INR 1.2 crore per annum. Talking about IIM Ahmedabad placements in 2023, the average domestic package stood at INR 34.36 LPA. The highest package stood at INR 115 LPA. So, considering the rankings, IIM Ahmedabad shall be a better option in comparison to IIM Calcutta, but placements are good at IIM Kolkata.

XLRI is accredited by AACSB (Association to Advance Collegiate Schools of Business), AMBA, and NBA (National Board of Accreditation) and is approved by AICTE (All India Council for Technical Education), AIU, and GOI. XLRI Jamshedpur is ranked 9 for MBA in the NIRF 2023 rankings and was established as a private college in 1949. Being a private college, the fee can be a little high but the students can apply for scholarships provided by the XLRI-Xavier School of Management. Hence, even if the students find XLRI Jamshedpur a little expensive, they don't have to worry as scholarships are there to assist them.

Check the Other Top Executive MBA Colleges in India

The cost of IIM Indore MBA ranges between INR 17.30 Lacs and INR 35 Lacs as per unofficial sources. However, the fee structure given on IIM Indore official website, the total fee of the PGP course is inclusive of the course fee, alumni fee, medical insurance and mess deposit.

Given below is fee structure of IIM Indore MBA fees, as per the official website for 2023-25 batch:

Particulars	Total Amount (for 2 years)
Course fee	INR 20 lakh
Alumni fee	INR 23, 600
Medical Insuarance	INR 2,716
Refundable Caution Deposit	INR 1 lakh
Mess deposit	INR 1.08 lakh

The total fees includes various components, such as the tuition fee, admission fee, application fee, etc. The tuition fee ranges from INR 32,500 to INR 3.1 lakh. 

MDI Gurgaon does not release cutoff list. The eligibility criteria set for admission to MDI Gurgaon follows that, Candidate must have a bachelor's degree with at least 50% marks or equivalent CGPA. Candidate must have scored at least 50% in both Class 10 and 12, and have a valid CAT/GMAT score. In addition to the CAT score, candidates must also perform well in the Group Discussions (GD) and Personal Interview (PI) rounds for final selection. Additionally, MDI Gurgaon does not have any management quota seats.

Gauhati University is a good and famous university. The accepted entrance exams are MAT, XAT, CAT, CMAT, and others. Students must prepare in advance for these entrance exams. Read the MAT preparation guidelines, study the MAT exam pattern, and study from MAT reference books and study material. Gauhati University is ranked 88 by NIRF (National Institutional Ranking Framework) 2023 under the University category. Hence, it is a good and famous university that offers scholarships and placement assistance to students. The university is also famous for its infrastructure and the various facilities it offers to students.

Candidates need to visit the official website of TANCET to download the hall ticket. Login credentials, inclduing email ID and password are required for TANCET admit card download. The step-wise process to download the TANCET admit card will be updated on the Shiksha's TANCET admit card page (https://www.shiksha.com/mba/tancet-exam-admit-card).

Yes, for Pune University MBA Admission a valid CAT/ MAH CET/ CMAT score is compulsory along with the set minimum eligibility criteria. To be eligible, candidates must have completed an undergraduate degree with at least 50% aggregate (45% aggregate for reserved category candidates). For more information on other MBA accepting exams for SPPU and its affiliated colleges, students are advised to visit the official website of the university or the respective affiliated college.

The Delhi School of Management, DTU MBA tuition fees in 2025 is INR 3.12 lakh. Candidates will need to pay additional charges in order to pursue their MBA course at Delhi School of Management, DTU. These charges will include hostel fees, one-time payments and other fees. Candidats can learn more about all the fees payable by them on the official website. 

The highest package offered during IIT KGP placements 2026 was INR 2.44 Crore per Annum.

In the recent placements at DoMS IIT Madras witnessed 100% placements with the highest and average package offered to MBA students stood at INR 30.60 and INR 20.19 LPA, respectively. As per the placement brochure 2023, the median package offered to MBA students stood at INR 20.40 LPA. Moreover, 26 companies participated in the MBA placement process and presented 42% PPOs to the students.