India offers over 5,800 MBA colleges with 500+ government run colleges which are mainly affiliated to a central or state university, and 3,900 private colleges. These colleges offer trending MBA course specialisations such Finance, Marketing, HR, International Business, and Entrepreneurship.
The availability of specialisations across the cities in India opens the door to students of economic and social and academic backgrounds to receive business education at a top-notch college. The competitive pressure also implies that programs are continuously innovated in terms of curriculum, pedagogy, and placement services, making India a destination of choice for aspiring managers.
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Best MBA Colleges in India: NIRF Ranking 2024
The following provides a list of top MBA colleges across cities in India according to NIRF ranking 2024:
| Top 15 MBA Colleges in India | NIRF Ranking Score | NIRF Rank |
| IIM Ahmedabad | 83.32 | 1 |
| IIM Bangalore | 81.16 | 2 |
| IIM Kozhikode | 77.9 | 3 |
| IIM Delhi | 76.25 | 4 |
| IIM Calcutta | 75.07 | 5 |
| IIM Mumbai | 74.73 | 6 |
| IIM Lucknow | 74.43 | 7 |
| IIM Indore | 73.53 | 8 |
| XLRI – Xavier School of Management | 68.13 | 9 |
| Indian Institute of Technology Bombay | 67.16 | 10 |
| Management Development Institute | 66.85 | 11 |
| IIM Rohtak | 66.49 | 12 |
| Symbiosis Institute of Business Management | 65.13 | 13 |
| IIM Raipur | 64.4 | 14 |
| Indian Institute of Foreign Trade | 62.36 | 15 |
Top MBA Colleges in India: Admission Process 2025
The MBA (Masters of Business Administration) colleges have their own set of rules for admission. However, there a few general eligibility criteria accepted by the colleges:
- The students are required to complete their graduation in any discipline from a recognised university or college.
- The students are required to score more than 6.5 CGPA or 40-50% minimum aggregate during their graduation.
- Most colleges accept students clearing any Management based examination following with personal interview (PI) round. The following is an overview of top MBA entrance exams, along with exam schedule and conducting body:
| MBA Entrance Exams | Conducting Body | Exam Schedule 2025 |
| CAT | IIM (Indian Institute of Management) | 30 Nov 2025 |
| XAT | XLRI Jamshedpur | Jan 2025 |
| CMAT | NTA | May 2025 |
| MAT | AIMA | 9-Mar to 23-Mar |
| NMAT | GMAC | 5-Nov to 20-Dec |
| SNAP | Symbiosis International | 7th,4th, and 21st Dec |
| IIFT | Indian Institute of Foreign Trade | During Nov or Dec 2025 |
| MAH-CET | Maharashtra CET Cell | 1st – 3rd April |
| STATE PGCETs/PGETs | Respective State Authorities | May – June 2025 |
Best Location-wise MBA Colleges in India: Average Fees and Salary
The following provides a list of top MBA colleges in India across cities with average fees and salary package for each:
Best MBA Colleges in Bangalore
The table below provides a list of top 5 best MBA colleges in Bangalore, along with average fees and salary package:
| Top MBA Colleges in Bangalore | MBA Average Fees (PA) | Average Salary Package after MBA |
| IIM Bangalore | INR 12.5 L | INR 35.9 LPA |
| SIBM Bangalore | INR 10.25 L | INR 13.5 LPA |
| NMIMS Bangalore | INR 9 L | INR 14.1 LPA |
| Christ University (Institute of Management) | INR 4.25 L | INR 7.5 LPA |
| XIME Bangalore | INR 5.5 L | INR 8 LPA |
Best MBA Colleges in Pune
The table below provides a list of top 5 best MBA colleges in Pune, along with average fees and salary package:
| Top MBA Colleges in Pune | MBA Average Fees (PA) | Average Salary Package after MBA |
| SIBM Pune | INR 12 L | INR 28.16 LPA |
| PUMBA (Pune University) | INR 75,000 | INR 7.6 LPA |
| ISBM Pune | INR 4.5 L | INR 7.5 LPA |
| BIMM (Sri Balaji University) | INR 4.5 L | INR 7.2 LPA |
| MIT-WPU School of Business | INR 4.25 L | INR 6.5–7 LPA |
Best MBA Colleges in Hyderabad
The table below provides a list of top 5 best MBA colleges in Hyderabad, along with average fees and salary package:
| Top MBA Colleges in Hyderabad | Average Fees (PA) | Average Salary |
| IMT Hyderabad | INR 6.25 L | INR 10.03 LPA |
| IBS Hyderabad (ICFAI) | INR 8.25 L | INR 9.79 LPA |
| IPE Hyderabad | INR 4.1 L | INR 6.5 LPA |
| VJIM Hyderabad | INR 3.75 L | INR 6.8 LPA |
| GITAM Hyderabad Business School | INR 3.25 L | INR 5.5 LPA |
Best MBA Colleges in Mumbai
The table below provides a list of top 5 best MBA colleges in Mumbai, along with average fees and salary package:
| Top MBA Colleges in Mumbai | Average Fees (PA) | Average Salary Package |
| IIM Mumbai (NITIE) | INR 7 L | INR 34.1 LPA |
| SPJIMR Mumbai | INR 12 L | INR 33 LPA |
| JBIMS Mumbai | INR 3 L | INR 28 LPA |
| NMIMS Mumbai | INR 12 L | INR 26 LPA |
| KJ Somaiya Institute of Management | INR 5 L | INR 12.3 LPA |
Best MBA Colleges in Chennai
The table below provides a list of top 5 best MBA colleges in Chennai, along with average fees and salary package:
| Top MBA Colleges in Chennai | Average Fees (PA) | Average Salary |
| IIT Madras – DoMS | INR 5.9 L | INR 20.16 LPA |
| Great Lakes Institute of Management | INR 8.6 L | INR 14.5 LPA |
| LIBA (Loyola Institute of Business Administration) | INR 4.55 L | INR 11.2 LPA |
| SRM School of Management | INR 2.5–3 L | INR 6.2 LPA |
| VIT Business School | INR 3.25 L | INR 6.5 LPA |
Best MBA Colleges in Delhi NCR
The table below provides a list of top 5 best MBA colleges in Delhi NCR, along with average fees and salary package:
| Top MBA Colleges in Delhi NCR | Average Fees (in INR) | Average Salary |
| FMS Delhi (University of Delhi) | 1 LPA | INR 34.1 LPA |
| IIFT Delhi | 10.5 LPA | INR 29.1 LPA |
| MDI Gurgaon | 12 LPA | INR 27.67 LPA |
| IIM Rohtak | 9.1 LPA | INR 18.73 LPA |
| IMI Delhi | 10 LPA | INR 17 LPA |
Best MBA Colleges in Kolkata
The table below provides a list of top 5 best MBA colleges in Kolkata, along with average fees and salary package:
| Top MBA Colleges in Kolkata | Average Fees (in INR) | Average Salary (PA) |
| IIM Calcutta | 12.5 LPA | INR 35.07 LPA |
| IISWBM (Calcutta University) | 1.6 LPA | INR 7.5 LPA |
| IMI Kolkata | 5.25 LPA | INR 10.05 LPA |
| Army Institute of Management | 3 LPA | INR 6.5 LPA |
| Globsyn Business School | 3.5 LPA | INR 6.2 LPA |
Which are the Preferred MBA Specialisations Across Cities in India?
The following are the specialisations mostly preferred by the students across cities in India
| MBA Specialisations |
| MBA in General Management |
| MBA in Finance |
| MBA in Marketing |
| MBA in Operations & Supply Chain |
| MBA in Human Resourses |
| MBA in International Business |
| MBA in Entrepreneurship |
| MBA in Business Analytics |
| MBA in Information Technology Management |
Consider the factors such as entrance eligibility, specialisation, location, RoI, salary, fees, and state exams to select a right MBA college for you.
FAQs
- What is the total number of MBA colleges offered across cities in India?
Ans: India offers over 5,800 MBA colleges with 500+ government run colleges which are mainly affiliated to a central or state university, and 3,900 private colleges.
- Which are the top 5 MBA colleges in India according to NIRF ranking 2024?
Ans: According to NIRF ranking 2024, IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Delhi, and IIM Calcutta are the top 5 MBA colleges in India.
- What are the general eligibility criteria for MBA admission in India?
Ans: The students are required to:
- Complete their graduation in any discipline from a recognised university or college.
- Score more than 6.5 CGPA or 40-50% minimum aggregate during their graduation.
- Clear any Management based examination following with personal interview (PI) round.
- Which are the top entrance exams conducted for MBA admissions in the best colleges in India?
Ans: CAT, XAT, CMAT, MAT, NMAT, and SNAP are the top entrance exams conducted for MBA admissions across best colleges in India.
- Which are colleges preferred by students to pursue MBA in Pune?
Ans: SIBM Pune, PUMBA (Pune University), ISBM Pune, BIMM (Sri Balaji University), and MIT-WPU School of Business are the most preferred colleges by students to pursue MBA in Pune.
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