Updated on 25th September 2026 | 03:30 pm | #TopMBAColleges
Selecting the right B-school from some of the Top MBA colleges in India is a decision with a lasting impact on your life. Focusing on a strong placement record, quality education, and networking opportunities is very important to make an informed choice.
To ease your work and simplify this process, we have categorised some of the top B-schools in India for MBA as per NIRF rankings into six clusters, highlighting all the prestigious institutions across India.
As you move down the list, the distinctions between these top MBA colleges and clusters become less apparent. For instance, in Cluster 1, IIM Ahmedabad ranks at the top due to its brand value, with IIM Calcutta closely following due to its lower fees.
There are more than 80 top MBA colleges in India for pursuing your post-graduation in management or any other field, for that matter. The majority of students opt for an MBA from different educational backgrounds; thus, MBA colleges are known for academic diversity, including the Humanities, Business, and Science.
A regular MBA is a two-year course that is spread across four semesters. Here are the highlights from some of the best MBA colleges in India for your reference:
|
Top MBA Schools in India Overview |
|
|
Parameters |
Details |
|
No. Of MBA Colleges |
120+ |
|
Top MBA Institutes In India |
IIMs and Non-IIMs, including XLRI, SIBM Pune, NMIMS Mumbai, etc |
|
Marketing Management, Finance, Human Resources, Operations, Consulting and more. |
|
|
21 |
|
NIRF publishes its ranking each year, which is determined on the basis of data collected annually by its framework. The rankings and ratings are determined using five factors, mainly graduation rates, research and professional practices, teaching and learning resources, and the overall reputation of the B-school.
The table below shows the top ten MBA colleges in India, along with their NIRF ranking.
|
NIRF Rankings 2025 Of Top MBA Institutes In India |
||
|
Top MBA B-Schools |
Scores |
NIRF Rankings |
|
83.29 |
1 |
|
|
81.56 |
2 |
|
|
79.85 |
3 |
|
|
78.94 |
4 |
|
|
77.97 |
5 |
|
|
77.58 |
6 |
|
|
74.43 |
7 |
|
|
75.68 |
8 |
|
|
71.96 |
9 |
|
|
70.63 |
10 |
|
Also Read: NIRF Ranking For MBA Colleges
Know the fees, placements, cutoffs, programs, and admission details of India's top IIMs in one place.
The top MBA institutes in India have been grouped into six clusters based on parameters such as reputation, alumni network, faculty, and corporate connections, offering valuable insights to aid in your dream B-school selection.
While the list is comprehensive and serves as a helpful guide, we'd recommend also using your own research by communicating with the alumni, visiting the official MBA college website before making a final decision.
Based on predictions and analysis by Career Launcher experts, this curated list of the top MBA colleges in India can help aspirants identify the best B-schools based on placements, brand value, and career opportunities. Cluster 1A includes some of India’s most prestigious MBA colleges, typically associated with CAT cutoffs of 99 percentile and above and strong brand equity. These top-tier MBA colleges are among the most sought-after choices for careers in consulting, finance, strategy, and general management.
|
Rank |
College Name |
City |
Program |
Cluster |
Fees (in Lakhs) |
Entrance Exam(s) |
Highest CTC (in LPA) |
ROI (CTC/Fees) |
|
1 |
IIM Ahmedabad |
Ahmedabad |
MBA |
1A |
27.5 |
CAT |
110 |
4 |
|
2 |
IIM Bangalore |
Bangalore |
MBA |
1A |
26.5 |
CAT |
- |
- |
|
3 |
IIM Calcutta |
Calcutta |
MBA |
1A |
33.5 |
CAT |
145 |
4.33 |
|
4 |
IIM Bangalore |
Bangalore |
PGP-BA |
1A |
26.5 |
CAT |
- |
- |
|
5 |
IIM Lucknow |
Lucknow |
MBA |
1A |
20.75 |
CAT |
100 |
4.82 |
|
6 |
FMS - Delhi University |
New Delhi |
MBA |
1A |
2.43 |
CAT |
110 |
45.27 |
|
7 |
Xavier Labour Research Institute (XLRI) |
Jamshedpur |
PGDM - HRM |
1A |
28.6 |
XAT |
59 |
2.06 |
|
8 |
Xavier Labour Research Institute (XLRI) |
Jamshedpur |
PGDM - BM |
1A |
28.6 |
XAT |
59 |
2.06 |
|
9 |
IIM Lucknow |
Lucknow |
MBA - ABM |
1A |
20.75 |
CAT |
100 |
4.82 |
|
10 |
Indian School of Business (ISB) |
Hyderabad |
PGP - YL |
1B |
38.67 |
CAT, GMAT, GRE |
Not officially disclosed |
- |
|
11 |
Tata Institute of Social Sciences (TISS) |
Mumbai |
MA - HRM LR |
1B |
1.59 |
CAT |
36.25 |
22.8 |
|
12 |
IIM Kozhikode |
Kozhikode |
MBA |
1B |
23.5 |
CAT |
81 |
3.45 |
|
13 |
Xavier Labour Research Institute (XLRI) |
NCR |
PGDM - BM |
1B |
59 |
XAT |
59 |
1 |
|
14 |
IIM Indore |
Indore |
MBA |
1B |
24.61 |
CAT |
70 |
2.84 |
|
15 |
SP Jain Institute of Management & Research (SPJIMR) |
Mumbai |
PGDM |
1B |
24.86 |
CAT, GMAT |
81 |
3.26 |
|
16 |
Jamnalal Bajaj Institute of Management Studies (JBIMS) |
Mumbai |
MMS |
1C |
9 |
MAH-CET |
87.12 |
9.68 |
|
17 |
IIM Kozhikode |
Kozhikode |
MBA - Finance |
1C |
23.5 |
CAT |
81 |
3.45 |
|
18 |
IIM Kozhikode |
Kozhikode |
MBA - LSM |
1C |
23.5 |
CAT |
81 |
3.45 |
|
19 |
Indian Institute of Foreign Trade (IIFT) |
New Delhi |
MBA (IB) |
1C |
21.82 |
CAT |
75.6 |
3.46 |
|
20 |
Management Development Institute (MDI) |
Gurgaon |
PGPM |
1C |
24.35 |
CAT |
53.6 |
2.2 |
|
21 |
IIT Bombay - SJSOM |
Mumbai |
MBA |
2A |
15.15 |
CAT |
53.8 |
3.55 |
|
22 |
Indian Institute of Foreign Trade (IIFT) |
Kolkata |
MBA (IB) |
2A |
21.32 |
CAT |
75.6 |
3.55 |
|
23 |
IIM Shillong |
Shillong |
MBA |
2A |
26.18 |
CAT |
71.5 |
2.73 |
|
24 |
IIM Mumbai (Former NITIE) |
Mumbai |
MBA |
2A |
21 |
CAT |
71.4 |
3.4 |
|
25 |
IIM Ahmedabad |
Ahmedabad |
MBA - FABM |
2A |
27.5 |
CAT |
110 |
4 |
|
26 |
IIT Delhi - DMS |
New Delhi |
MBA |
2B |
12 |
CAT |
40.5 |
3.38 |
|
27 |
Management Development Institute (MDI) |
Gurgaon |
PGPM-HRM |
2B |
24.35 |
CAT |
- |
- |
|
28 |
Management Development Institute (MDI) |
Gurgaon |
PGPM - IB |
2B |
30.66 |
CAT |
- |
- |
|
29 |
Management Development Institute (MDI) |
Gurgaon |
PGP-BA |
2B |
24.35 |
CAT |
- |
- |
|
30 |
Symbiosis Institute of Business Management (SIBM) |
Pune |
MBA |
2B |
26.4 |
SNAP |
53.58 |
2.03 |
|
31 |
Symbiosis Centre for Management and HRD (SCMHRD) |
Pune |
MBA |
2B |
26.02 |
SNAP |
35.9 |
1.38 |
|
32 |
Narsee Monjee Institute of Management Studies (NMIMS) |
Mumbai |
MBA - Core |
2B |
27 |
NMAT |
67.7 |
2.51 |
|
33 |
Jamnalal Bajaj Institute of Management Studies |
Mumbai |
MSc Finance |
2B |
6 |
MAH-CET |
30 |
5 |
|
34 |
Mudra Institute of Communications Ahmedabad (MICA) |
Ahmedabad |
PGDM-C |
2B |
28 |
MICAT & CAT, XAT |
40.91 |
1.46 |
|
35 |
BITSOM Mumbai |
Mumbai |
MBA |
2B |
25.55 |
CAT, GMAT |
50 |
1.96 |
|
36 |
IIM Trichy |
Trichy |
MBA |
2C |
19.5 |
CAT |
44.98 |
2.31 |
|
37 |
IIM Udaipur |
Udaipur |
MBA |
2C |
19.45 |
CAT |
47.65 |
2.45 |
|
38 |
IIM Raipur |
Raipur |
MBA |
2C |
18.96 |
CAT |
33.12 |
1.75 |
|
39 |
Xavier Institute of Management (XIMB) |
Bhubaneshwar |
MBA - BM |
3A |
25.4 |
CAT, XAT, GMAT, XGMT |
30 |
1.18 |
|
40 |
IIT Kharagpur - VGSOM |
Kharagpur |
MBA |
3A |
11.35 |
CAT |
37.63 |
3.32 |
|
41 |
IIT Madras - DMS |
Chennai |
MBA |
3A |
11 |
CAT |
35.5 |
3.23 |
|
42 |
IIM Kashipur |
Kashipur |
MBA |
3A |
17.3 |
CAT |
33.12 |
1.91 |
|
43 |
IIM Ranchi |
Ranchi |
MBA |
3A |
19.2 |
CAT |
52.5 |
2.73 |
|
44 |
IIM Rohtak |
Rohtak |
MBA |
3B |
17.9 |
CAT |
37.1 |
2.07 |
|
45 |
IIM Ranchi |
Ranchi |
MBA-HRM |
3B |
19.2 |
CAT |
52.5 |
2.73 |
|
46 |
Indian Institute of Management (IIM-L) |
Lucknow (Noida) |
PGP-SM |
3B |
20.75 |
CAT |
45.37 |
2.19 |
|
47 |
Institute of Management Technology (IMT) |
Ghaziabad |
PGDM |
3B |
23 |
CAT, XAT, GMAT |
41.55 |
1.81 |
|
48 |
Institute of Management Technology (IMT) |
Ghaziabad |
Mktg, Fin |
3B |
23 |
CAT, XAT, GMAT |
41.55 |
1.81 |
|
49 |
Institute of Rural Management (IRMA) |
Anand |
PGPRM |
3B |
13.6 |
CAT, CMAT, XAT |
31.16 |
2.29 |
|
50 |
Great Lakes Institute of Management (GLIM) |
Chennai |
PGPM - 1 year |
3C |
22.5 |
CAT, XAT, GMAT, NMAT |
39.3 |
1.75 |
|
51 |
International Management Institute (IMI) |
New Delhi |
PGDM |
3C |
23 |
CAT, XAT |
70.95 |
3.08 |
|
52 |
Narsee Monjee Institute of Management Studies (NMIMS) |
Mumbai |
MBA HR |
3C |
25.5 |
NMAT |
25.02 |
0.98 |
|
53 |
Indian Institute of Technology Roorkee – DoMS |
Roorkee |
MBA |
3C |
9.68 |
CAT |
24 |
2.48 |
|
54 |
Indian Institute of Technology Kanpur – DoMS |
Kanpur |
MBA |
3C |
4.12 |
CAT |
36 |
8.74 |
|
55 |
T A Pai Management Institute (TAPMI) |
Manipal |
PGDM |
4A |
19.5 |
CAT, XAT, GMAT, NMAT |
32.77 |
1.68 |
|
56 |
Indian Institute of Management (IIM-N) |
Nagpur |
PGP |
4A |
21.5 |
CAT |
69.57 |
3.24 |
|
57 |
Indian Institute of Management (IIM-Sambalpur) |
Sambalpur |
PGP |
4A |
21.01 |
CAT |
48.6 |
2.31 |
|
58 |
Indian Institute of Management (IIM-V) |
Visakhapatnam |
PGP |
4A |
23.58 |
CAT |
32.5 |
1.38 |
|
59 |
Indian Institute of Management (IIM-Amritsar) |
Amritsar |
PGP |
4A |
18.8 |
CAT |
43 |
2.29 |
|
60 |
IIM Jammu |
Jammu |
PGP |
4A |
20.73 |
CAT |
- |
- |
|
61 |
Department of Business Economics, Delhi University |
Delhi |
MBA (BE) |
4A |
1 |
CAT |
30.25 |
30.25 |
|
62 |
DSE, Delhi Univ. |
Delhi |
MBA (IB) |
4B |
1.14 |
CAT |
30 |
26.32 |
|
63 |
Sydenham Institute of Management Studies (SIMSREE) |
Mumbai |
MMS |
4B |
1.38 |
MAH-CET, CMAT |
22.5 |
16.3 |
|
64 |
Xavier Institute of Management University |
Bhubaneswar |
MBA - HRM |
4B |
24.7 |
CAT, XAT, GMAT, NMAT |
30 |
1.21 |
|
65 |
International Management Institute (IMI) |
New Delhi |
PGDM BFS |
4B |
23 |
CAT, XAT |
29.25 |
1.27 |
|
66 |
International Management Institute (IMI) |
New Delhi |
PGDHRM |
4B |
23 |
CAT, XAT |
25.95 |
1.13 |
|
67 |
Indian Institute of Management (IIM-Bodh Gaya) |
Bodh Gaya |
PGP |
4B |
19.52 |
CAT |
45.63 |
2.34 |
|
68 |
Indian Institute of Management Sirmaur |
Sirmaur |
PGP |
4C |
20 |
CAT |
- |
- |
|
69 |
FORE School of Management |
New Delhi |
PGDM IB |
4C |
23.24 |
CAT, XAT, GMAT |
29 |
1.25 |
|
70 |
Goa Institute of Management (GIM) |
Goa |
PGDM |
4C |
21.45 |
CAT, XAT, GMAT |
32.2 |
1.5 |
|
71 |
Symbiosis Institute of Operations Management (SIOM) |
Nashik |
MBA Ops |
4C |
23.46 |
SNAP |
21.6 |
0.92 |
|
72 |
K J Somaiya Institute of Management Studies & Research (SIMSR) |
Mumbai |
MBA/MBA-HCM |
4C |
22.32 |
CAT, XAT, GMAT, NMAT, CMAT |
28.25 |
1.27 |
|
73 |
National Institute of Bank Management (NIBM) |
Pune |
PGDM B & FS |
5A |
16 |
CAT, XAT, CMAT, GMAT, GRE |
26.6 |
1.66 |
|
74 |
Shri Ram College of Commerce (SRCC GBO), Delhi Univ. |
Delhi |
GBO |
5A |
Not listed |
SRCC GBO |
32 |
- |
|
75 |
Great Lakes Institute of Management (GLIM) |
Chennai |
PGDM |
5A |
16.18 |
CAT, XAT, GMAT, NMAT |
39.3 |
2.43 |
|
76 |
Symbiosis Institute of Business Management (SIBM) |
Bengaluru |
MBA |
5A |
21.6 |
SNAP |
23.5 |
1.09 |
|
77 |
Narsee Monjee Institute of Management Studies (NMIMS) |
Bengaluru |
PGDM |
5A |
22 |
NMAT |
72 |
3.27 |
|
78 |
SDA Bocconi Asia Center |
Mumbai |
International Masters in Business |
5A |
20.75 |
CAT, GMAT, NMAT, GRE |
36.5 |
1.76 |
|
79 |
Great Lakes Institute of Management (GLIM) |
Gurgaon |
PGPM 1 year |
5B |
18.96 |
CAT, XAT, GMAT, NMAT |
30.8 |
1.62 |
|
80 |
IFMR GSB, Krea University |
Sri City, Andhra Pradesh |
MBA |
5B |
16 |
CAT, XAT, NMAT, CMAT, GMAT, GRE |
21.32 |
1.33 |
|
81 |
University Business School (UBS) |
Chandigarh |
MBA |
5B |
3 |
CAT |
24 |
8 |
|
82 |
Narsee Monjee Institute of Management Studies (NMIMS) |
Navi Mumbai |
MBA |
5B |
22 |
NMAT |
19 |
0.86 |
|
83 |
Narsee Monjee Institute of Management Studies (NMIMS) |
Hyderabad |
PGDM |
5B |
22 |
NMAT |
20 |
0.91 |
|
84 |
Narsee Monjee Institute of Management Studies (NMIMS) |
Indore |
MBA |
5B |
19 |
NMAT |
16.8 |
0.88 |
|
85 |
Welingkar Institute of Management |
Mumbai |
MMS, PGDM |
5B |
14 |
CAT, XAT, ATMA, CMAT, GMAT |
19.32 |
1.38 |
|
86 |
Nirma University – Institute of Management (IMNU) |
Ahmedabad |
MBA |
5B |
12.8 |
CAT |
70 |
5.47 |
|
87 |
Symbiosis Institute of Management Studies (SIMS) |
Pune |
MBA |
5B |
23.13 |
SNAP |
21 |
0.91 |
|
88 |
Symbiosis Institute of Digital & Telecom Management (SIDTM) |
Pune |
MBA |
5B |
20.92 |
SNAP |
29.04 |
1.39 |
|
89 |
Management Development Institute (MDI) |
Murshidabad |
PGP |
5B |
15.51 |
CAT |
14 |
0.9 |
|
90 |
Lal Bahadur Shastri Institute of Management (LBS) |
New Delhi |
PGDM, Finance |
5B |
15.5 |
CAT, XAT, GMAT |
16.67 |
1.08 |
|
91 |
Bharathidasan Institute of Management (BIM) |
Tiruchirapally |
MBA |
5B |
17.68 |
CAT, XAT, GMAT |
16.67 |
0.94 |
|
92 |
Loyola Institute of Business Administration (LIBA) |
Chennai |
PGDM |
5C |
19 |
CAT, XAT |
- |
- |
|
93 |
Birla Institute of Management Technology (BIM Tech) |
Greater Noida |
PGDM, IB |
5C |
14 |
CAT, XAT, GMAT, CMAT |
24.43 |
1.74 |
|
94 |
Delhi School of Management - DTU |
New Delhi |
MBA |
5C |
4.84 |
CAT, MAT |
23.8 |
4.92 |
|
95 |
International Management Institute (IMI) |
Kolkata |
PGDM |
5C |
13 |
CAT, XAT |
16.42 |
1.26 |
|
96 |
Symbiosis Institute of Mass Communication (SIMC) |
Pune |
MBA CM |
5C |
Not listed |
SNAP |
21 |
- |
|
97 |
Symbiosis Institute of International Business (SIIB) |
Pune |
MBA E&E |
5C |
15.82 |
SNAP |
19.2 |
1.21 |
|
98 |
Symbiosis Center for Information Technology |
Pune |
MBA-ITBM |
5C |
19.5 |
SNAP |
30 |
1.54 |
|
99 |
Symbiosis Institute of Banking and Finance (SSBF) |
Pune |
MBA BF, PGDBF |
5C |
23.14 |
SNAP |
21.42 |
0.93 |
|
100 |
Symbiosis Institute of International Business (SIIB) |
Pune |
MBA AB |
5C |
18.24 |
SNAP |
21.6 |
1.18 |
|
101 |
ICFAI Business School |
Hyderabad |
MBA/PGPM |
5C |
17.01 |
CAT, GMAT, NMAT, XAT, IBSAT |
21 |
1.23 |
|
102 |
ISM Dhanbad |
Dhanbad |
MBA - BA |
5C |
Not listed |
CAT |
- |
- |
|
103 |
Institute of Management Technology (IMT) |
Ghaziabad |
DCP |
6A |
Not listed |
CAT, XAT, GMAT |
41.55 |
- |
|
104 |
Jagan Institute of Management Studies |
New Delhi |
PGDM |
6A |
10.75 |
CAT, XAT, GMAT, CMAT, ATMA, MAT |
- |
- |
|
105 |
Institute of Management Technology (IMT) |
Hyderabad |
PGDM |
6A |
16 |
CAT, XAT, GMAT |
25.5 |
1.59 |
|
106 |
Institute of Management and Technology IMT - Nagpur |
Nagpur |
PGDM |
6A |
16 |
CAT, XAT, GMAT, CMAT |
20 |
1.25 |
|
107 |
Xavier Institute of Management & Entrepreneurship (XIME) |
Bengaluru |
PGDM |
6A |
12.9 |
CAT, XAT, CMAT, ATMA, MAT |
22 |
1.71 |
|
108 |
SOIL Institute of Management |
Gurgaon |
PGDM |
6A |
16.2 |
CAT, NMAT, XAT, MAT, CMAT, GMAT |
20.7 |
1.28 |
|
109 |
NL Dalmia Institute of Management Studies and Research |
Mumbai |
PGDM |
6A |
Not listed |
CAT, XAT, GMAT, CMAT, MH-CET, MAT, ATMA |
17 |
- |
|
110 |
SDM Institute for Management Development (SDMIMD) |
Mysore |
PGDM |
6A |
12.7 |
CAT, XAT, GMAT, CMAT, ATMA, MAT |
15.25 |
1.2 |
|
111 |
Faculty of Management Studies, BHU (FMS BHU) |
Varanasi |
MBA / MBA IB |
6A |
0.99 |
CAT |
19.8 |
20 |
|
112 |
Flame University |
Pune |
MBA |
6A |
19.7 |
CAT, XAT, CMAT, NMAT, GMAT, MH-CET, MAT |
15.25 |
0.77 |
|
113 |
Symbiosis Institute of Computer Studies and Research (SICSR) |
Pune |
MBA IT |
6A |
12.04 |
SNAP |
11.59 |
0.96 |
|
114 |
International School of Business & Media (ISB&M) |
Pune |
PGDM |
6A |
12.18 |
CAT, GMAT, XAT, MAT, CMAT, NMAT, ATMA, KMAT |
20.56 |
1.69 |
|
115 |
Xavier Institute of Social Service (XISS) |
Ranchi |
PGDM HRM |
6B |
8.9 |
CAT, XAT, CMAT |
21 |
2.36 |
|
116 |
Symbiosis Institute of Business Management - Hyderabad |
Hyderabad |
MBA |
6B |
22.56 |
SNAP |
31 |
1.37 |
|
117 |
Indian Institute of Forest Management (IIFM) |
Bhopal |
PGDFM |
6B |
11.8 |
CAT, XAT, CMAT, MAT |
18.5 |
1.57 |
|
118 |
TAPMI School of Business, Manipal University |
Jaipur |
MBA |
6B |
10.45 |
CAT, XAT, GMAT, CMAT, MAT |
18 |
1.72 |
|
119 |
BML Munjal University |
Gurgaon |
MBA |
6C |
14.6 |
CAT, XAT, GMAT, NMAT, CMAT, GRE |
17 |
1.16 |
|
120 |
Kirloskar Institute of Management |
Harihar and Pune |
PGDM |
6C |
12.6 |
CAT, XAT, CMAT, GMAT, MAT, ATMA, MH-CET |
11 |
0.87 |
|
121 |
Xavier Institute of Management & Entrepreneurship (XIME) |
Kochi |
PGDM |
6C |
9.9 |
CAT, XAT, CMAT, ATMA, MAT, KMAT |
16.22 |
1.64 |
|
122 |
Symbiosis Institute of Health Services (SIHS) |
Pune |
MBA - HHM |
6C |
21.13 |
SNAP |
19 |
0.9 |
The expected CAT cutoff percentile for top MBA colleges helps aspirants understand the minimum score typically needed. Actual calls may vary based on profile, academics, work experience, and category. Given below is the table for expected CAT cutoff percentiles for top MBA colleges.
|
College |
Cluster |
Expected CAT cutoff |
|
IIM Ahmedabad |
1A |
99 |
|
IIM Bangalore |
1A |
99 |
|
IIM Calcutta |
1A |
99 |
|
IIM Lucknow |
1A |
98 |
|
FMS Delhi |
1A |
98.5 |
|
IIM Kozhikode |
1B |
98 |
|
IIM Indore |
1B |
98 |
|
SPJIMR Mumbai |
1B |
98 |
|
MDI Gurgaon |
1C |
96 |
|
IIM Shillong |
2A |
97 |
|
IIT Bombay SJSOM |
2A |
98 |
|
IIT Delhi DMS |
2B |
97 |
Several non-IIM government institutions consistently rank in the top 10 and 20 based our cluster ranking. The table below showcases some of the best government MBA colleges based on our clusters criteria.
|
College Name |
Average Fees (in lakhs) |
Highest Package (LPA) |
|
IIT Delhi (DMS) |
12 |
40.5 LPA |
|
IIT Bombay (SJMSOM) |
15.15 |
53.8 LPA |
|
FMS Delhi |
2.43 |
110 LPA |
|
IIT Kharagpur (VGSoM) |
11.35 |
22.75 LPA |
|
IIT Madras (DoMS) |
11.35 |
37.63 LPA |
While it is true that an MBA offers numerous career opportunities to lakhs of students in India, we cannot deny the hefty fees charged by the institutes. So, we are listing the 5 best B-schools with low fees so that you don't have to put the damper on your MBA dreams.
|
Institute |
Fees (in Lakhs) |
|
Faculty of Management Studies (FMS), Delhi University |
2.43 |
|
Tata Institute of Social Sciences (TISS), Mumbai |
1.59 |
|
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai |
9 |
|
SIMSREE, Mumbai |
1.38 |
|
UBS Chandigarh (University Business School, Chandigarh) |
3 |
Selecting the right B-school becomes a hassle when you are looking for your dream college in a certain city. So we are providing the city-wise classification for the best colleges for MBA with their fees and annual salary, so that you can build your dream while staying close to your home.
A tabular representation for top 5 MBA schools in Delhi, known for strong academic rigour, high ROI programs, and excellent exposure to consulting, policy, and corporate roles due to proximity to the national capital.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
FMS, Delhi University |
2.43 |
110 LPA |
|
IIFT, Delhi |
21.82 |
75.6 LPA |
|
Department of Management Studies, IIT Delhi |
12 |
40.5 LPA |
|
International Management Institute, New Delhi |
23 |
70.95 LPA |
|
FORE School of Management, Delhi |
23.24 |
29 LPA |
The top 5 B-schools in Chennai popular for analytics-driven curricula, operations and finance specialisations, and close industry linkages with manufacturing and IT sectors.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
DoMS, IIT Madras, Chennai |
11 |
35.5 LPA |
|
Great Lakes Institute of Management, Chennai (PGPM) |
22.5 |
39.3 LPA |
|
LIBA, Chennai |
19 |
21 LPA |
|
SSN School of Management, Chennai |
7 |
16-18.33 LPA |
|
Vels Institute of Science, Technology & Advanced Studies, Chennai |
3.2 |
33 LPA |
While Mumbai is home to some of the most sought-after MBA programs in the country, the cost of pursuing an MBA here can often be intimidating. To help aspirants manage quality education without excessive financial burden, we have listed the top B-schools in Mumbai that offer strong academic value at comparatively reasonable fees.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
SPJIMR |
24.86 |
81 LPA |
|
JBIMS |
9 |
87.12 LPA |
|
NMIMS (Mumbai) |
27 |
67.7 LPA |
|
IIM Mumbai (Former NITIE) |
21 |
71.4 LPA |
|
SIMSR (K J Somaiya) |
22.32 |
28.25 LPA |
Hyderabad has emerged as a strong MBA education hub, attracting aspirants from across the country. To ensure financial constraints do not limit your aspirations, we have identified the leading B-schools in Hyderabad that offer quality MBA programs at accessible costs.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
ICFAI Business School (IBS) |
17.01 |
21 LPA |
|
IMT Hyderabad |
16 |
25.5 LPA |
|
Indian School of Business (ISB) |
38.67 |
1.56 CPA |
|
School of Management Studies, University of Hyderabad |
5.87 |
18-22 LPA |
|
Woxsen School of Business |
15.66 |
28 |
Bangalore’s reputation as India’s tech and startup hub makes it a popular MBA destination. Keeping this in mind, we have curated a list of top B-schools in Bangalore that balance academic excellence with affordable fee structures.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
IIM Bangalore |
26.5 |
- |
|
SIBM Bengaluru |
21.6 |
23.5 LPA |
|
Alliance School of Business, Alliance University |
13-15 |
40 |
|
Christ University |
- |
- |
|
Xavier Institute of Management & Entrepreneurship (XIME), Bengaluru |
12.9 |
22 LPA |
Pune’s thriving education ecosystem, corporate presence, and student-friendly environment make it one of the most sought-after MBA destinations in India. Keeping this in mind, we have curated a list of top B-schools in Pune that offer quality management education with affordable fee structures.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
IIM Bangalore |
26.5 |
- |
|
SIBM Bengaluru |
21.6 |
23.5 LPA |
|
Alliance School of Business, Alliance University |
- |
- |
|
Christ University |
- |
- |
|
Xavier Institute of Management & Entrepreneurship (XIME), Bengaluru |
12.9 |
22 LPA |
Kolkata’s strong legacy in finance, consulting, and corporate leadership makes it a preferred MBA destination in Eastern India. Keeping this in mind, we have curated a list of top B-schools in Kolkata that combine academic excellence with affordable fee structures.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
IIM Calcutta |
33.5 |
145 LPA |
|
IIFT Kolkata |
21.32 |
75.6 LPA |
|
IMI Kolkata |
13 |
16.42 LPA |
|
St. Xavier's University School of Management |
— |
— |
Ahmedabad’s growing business landscape, entrepreneurial culture, and academic prestige make it a prime MBA destination in Western India. Keeping this in mind, we have curated a list of top B-schools in Ahmedabad that balance academic excellence with affordable fee structures.
|
Institute Name |
Total Fees ( Lakhs) |
Highest CTC |
|
IIM Ahmedabad |
27.5 |
110 LPA |
|
MICA Ahmedabad |
28 |
40.91 LPA |
|
Nirma University (IMNU) |
12.8 |
70 LPA |
The following are the parameters by which Top MBA colleges are ranked in India
We understand how crucial a decision it is to select the right B-school for you, as it has a lasting impact on your career journey. It is an essential component, as it lays the foundation for your future prospects and opportunities. A B-school teaches many things, both academically and non-academically. Here are a few parameters that we have taken into consideration to classify these MBA colleges into the given clusters, as follows:
Note: The information and data provided here are taken from the official website, which may vary. Also, the statistics and data are produced, processed, compiled, and based on various sources from the public domain, which are believed to be true and reliable to the best of our knowledge.
No, the reputation of a UG college does not make any difference during the interview rounds in top B-schools such as IIMs and FMS. The graduation marks are the sole criterion by which the candidate's performance is measured.
Yes, if you are engaged in extracurricular activities during your bachelor's, it will strengthen your profile and help you with the admission process.
As of now, IIM Ahmedabad is consistently ranked in the 1st position by NIRF and other ranking bodies.
Yes, several top private and autonomous B-schools offer MBA admissions through exams like XAT, NMAT, and SNAP. However, admission to IIMs is only possible through CAT.
The top 5 MBA colleges in India, based on placement, are:
The Best MBA colleges in India are expensive, as most of them have a total tuition fee of more than INR 5 lakh. Different MBA colleges in India have different fees. We recommend you to visit the college's official website to know the exact tuition fee for the institute.
The top 5 best colleges for MBA in India for Marketing is IIM-A IIM-B, ISB, IIM-C, IIM-L
IIM Calcutta, FMS Delhi, JBIMS Mumbai, DFS Delhi, and IIM Ahmedabad are among the top choices for Finance careers, along with SP Jain and IIT Bombay (SJMSOM), which are also well-regarded for finance placements.
There are multiple factors that you place to choose the right college after CAT 2025. Check the ROI, placements, Fees, Annual CTC, and specialisations before you make your decision.
Yes. Most 2-year MBA and PGDM programs in India accept fresh graduates (0 years of work experience). However, programs like ISB PGP, IIM EPGP, and other executive MBA programs typically require 5+ years of work experience.
For working professionals, some top options include ISB PGP (1-year), IIM EPGP programs, IIM Calcutta PGPEX, IIM Bangalore PGPEM, Great Lakes PGPM (1-year), and GLIM Chennai PGPM. These programs are designed for candidates with significant work experience.