Top MBA Colleges in India Ranking, Fees Placements, Admission

List Of 4045 MBA Colleges in India

Top MBA Colleges in India comprise the IIMs and a few other B-schools. MBA is one of the most sought-after PG courses after Graduation. The two-year’s Master in Business Administration program opens various career opportunities for the students. 

Admission to the top MBA colleges in India is done either based on merit obtained in the Graduation level degree or national/ state level entrance exams such as CAT, MAT, CMAT, ATMA, NMAT, MAH MBA CET, etc.

Students who have passed graduation in any stream (Science, Commerce, Arts) can apply for admission to MBA Colleges in India. With a total of 5,200 MBA colleges in India, it is often a tough task for the students to choose the best MBA College among all.

Let’s find out about some of the top MBA colleges in India below.

List of Top 10 MBA Colleges in India by NIRF Ranking 2022

To choose the best MBA College in India, it is also important to overview the ranking of that college. There are various ranking agencies in India that rank MBA colleges based on various ranking factors. Some of the top Indian agencies that rank MBA colleges in India are NIRF, Business Today, India Today, Outlook, etc. The agency-wise ranking for MBA colleges in India is given below.

Top MBA colleges in India NIRF rankings 2021 were released on September 9 on their official website. Here is the table demonstrating NIRF rankings 2021 for Top MBA colleges in India.

Name of the MBA College NIRF Ranking 2021 NIRF Score 2022
IIM Ahmedabad 1 83.69
IIM Banglore 2 83.48
IIM Calcutta 3 80.04
IIM Kozhikode 4 73.34
Department of Management Studies (DMS) IIT DElhi 5 72.15
IIM Indore 6 71.1
IIM Lucknow 7 71.02
XL,RI Jamshedpur 8 69.93
IIT Kharagpur 9 69.5
SJMSOM, IIT Bombay 10 68.08

Best MBA Colleges in India by Times Rankings 2022

Here are the top MBA Colleges in India as per the Times Rankings 2021

Best MBA Colleges in India by India Today Rankings 2022

Here are the top MBA Colleges in India as per India Today Rankings 2021

MBA College Name The India Today Ranking 2021
Indian Institute of Management [IIMA], Ahmedabad 1
Indian Institute of Management [IIM], Calcutta 2
Indian Institute of Management [IIM], Banglore 3
SP Jain Institute of Management & Research 4
DMS IIT Delhi 5
Indian Institute of Management (IIM), Indore 6
MDI Gurgaon 7
National Institute of Management[IIMK], Kozhikode 8
FMS Delhi 9
Narse Monjee Institute of Management studies NMIMS Mumbai

MBA Colleges in India Highlights

Some of the important highlights of the top MBA Colleges in India are listed in the table below:

Total MBA College India 5,200 (Approximately)
Approval Authority for MBA Colleges in India
  • AICTE (All india Council for Technical Education)
  • UGC (University Grants Commission)
  • MHRD (Ministry of Human Resource Development)
Type of MBA Colleges Government & Private
Total Numbers of IIMs 20
Admission Process The admission to top MBA colleges in India is done based on merit obtained by the candidates in the qualifying exam or one of the following state/ national level entrance exam scores are. Some private institutions may also conduct their entrance exam for admission.

Top 10 MBA Colleges in India- Based on Course Fee

Look at the top ten MBA colleges in India along with their average annual fees.

Top MBA College India Average Annual Fees(INR)
IIM Banglore Fee 23,00,000
IBM Calcutta Fee 23,00,000
IBM Ahmedabad Fee 23,00,000
SPJIMR Mumbai Fee 19,00,000
XLRI Xavier School of Management Fee 19,00,000
IIM Indore Fee 17,01,000
MDI Gaurgon Management Development Institute 18,86,000
FMS Delhi Fee 96,000
Indian of School Business (IBS) Fee 36,30,000
IIM Lucknow Fee 19,25,000

MBA College Course Fee

The average annual fees of top MBA colleges in India range between INR 50,000 - 30 Lakhs. Here is the list of top MBA colleges in India along with their course fee in the tabular format below.

College India MBA Fees
IIM Ahmedabad Fee INR 23,00,000
IIM Lucknow Fee INR 20,10,000
IIM Udaipur Fee INR 21,00,000
IIM Ranchi Fee INR 17,60,000
IIt Kharagpur Fee INR 1,64,558
IIT Delhi Fee INR 10,24,000
NITTE Mumbai Fee INR 14,60,000
IFT New Delhi Fee INR 18,78,000
Symbiosis Pune Fee INR 5,60,000
MDI Gaurgon Fee INR 18,86,000
Narsee Monjee Mumbai Fee INR 6,44,000
XLRI Jamshedpur Fee INR 26,80,000
SP Jain Mumbai Fee INR 21,42,000
IIT Roorkee Fee INR 4,28,000
IIT Bombay Fee INR 21,42,000
IIT Madras Fee INR 4,10,000
NIT Trichy Fee  

Top IIMS in India

IIMs or the Indian Institute of Management is the most prestigious and reputable management college in India offering various courses such as BBA, MBA, PGDM, etc. In India, there are around 20 IIM colleges ranked among the top MBA colleges. Mentioned below is the list of top IIMs in India ranked by NIRF 2021 among the top MBA colleges in India.

IIM Name NIRF Ranking
IIM Ahmedabad 1
IIM Banglore 2
IIM Calcutta 3
IIM Kozhikode 4
IIM Indore 6
IIM Lucknow 7
IIM Raipur 15
IIM Tircchyrappli 17
IIM Udaipur 18
IIM Ranchi 21
IIM Lucknow 7
IIM Shillong 23
IIM Rohtak 28
IIM Kashipur 33
IIM Nagpur 40
IIM Sambalpur 61
IIM Rohtak 28
IIM Amritsar 67
IIM Jammu -
IIM Viskhapatnam -
IIM Simaur -
IIM Bodh Gaya -

Top MBA Collges in India with Low Fees

Here is list of Top MBA Colleges in India with low fees.

MBA Colleges Name Total MBA Fees(INR)
Rashtrasant Tukodoji Maharaj Nagpur University, Nagpur Fees 11,252
Bharathair University, Coimbatroe Fees 38,560
Ranchi University Fees 4,700
National Institute of Rural Development and Panchyati Raj Hyderabad Fee 2,90,000
St.Michale's College Cherthala Fees 9,46,000
University of Rajasthan Fees 8,770
MVIT - Sir M. Visvesvaraya Institute of Technology, Bangalore Fees 11,79,200
Department of Business Management, University of Calcutta Fees 16,508
Department of Business Management, University of Calcutta Fees 10,500
PSG College of Arts and Science, Coimbatore Fees 14,000

Admission Process of Top MBA Colleges in India

The admission process for MBA colleges in India depends on the type of institute. The detailed admission process for MBA colleges in India are explained below:

MBA Admission Through National Level Entrance Exam Some of the top Government & private MBA colleges, including IIMs, provide admission to the course based on national level entrance exams such as ATMA, CAT, CMAT, GMAT, MAT, etc. 

MBA Admission Through State Level Entrance Exam

After the exam, the qualifying candidates are allotted seats through the counseling process based on their rank in the entrance test.
Management Quota MBA Admission Some of the colleges also have some seats reserved for the management quota. Through the management quota seats, the candidates can take admission to the course directly based on qualifying exam merit. 


 Established by Dr. Lavu Rathaiah in the year of 2002, the Vignan’s Institute of  Information  Technology in Visakhapatnam, was started with the aim of providing higher  educational  opportunities in the fields of business management, information  technology, engineering  & more.  Read More...

 Godavari Institute of Engineering & Technology (GIET) was established in 1998 to offer  engineering education of world-class standards.   Read More...

 KLU-The Deemed to be University is accredited by COA, PCI with an A++ grade by NAAC.  It is also recognized by UCG, DSIR, AICTE, and BAR Council of India. K L University  Vijayawada offers degree programs in Engineering, Architecture, Pharmacy, Commerce,  Arts, etc.  Read More...

 GITAM Institute of Management (GIM),Visakhapatnam   (Andhra  Pradesh) was established in 1988 and is a constituent unit of GITAM and the full form of GITAM is Gandhi Institute of Technology and Management.  Read More...

 GMR Institute of Technology  is situated in Srikakulam in Andhra Pradesh state of India.  Established in 1997, GMRIT is a Private college.   Read More...

 Sree Vidyanikethan Engineering College was established in 1996 with an initial intake  of 180 students to serve the cause of technical education in the backward region of  Rayalaseema.   Read More...

 R.V.R. & J.C.College of Engineering is situated in Guntur in Andhra Pradesh state of  India.  Established in 1985, RVRJC is a Private college. The college is accredited by  AICTE, NAAC, NBA.  R.V.R & J.C. College of Engineering offers 17 courses across 3  streams namely Engineering,  Management, IT.   Read More...

 IIT Chennai also known as IIT Madras is the top-ranked engineering college in India as  per NIRF  ranking, and the institute also holds a good rank in world university rankings.  IIT Chennai is popular  for its B.Tech and Ph.D. programmes.  Read More...

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