Top MBA Colleges in India

It is important to find the right MBA Colleges for you as an aspirant. The Mba College you choose has to offer an excellent track record, high-quality education, and opportunities to join some of the best corporations. To simplify your MBA college selection process we have categorized India's top MBA colleges into six clusters. The rundown of MBA colleges in India can go on forever, be that as it may, we have attempted to constrain the categorization to the better and progressively known MBA colleges. As you proceed in the list from top to bottom, the level of differentiation between both the colleges and the clusters significantly diminishes.

When reviewing MBA colleges within a cluster, the preference generally diminishes as you read further from top to bottom. For example, in Cluster 1, while we cannot differentiate between IIM A, B, and C. IIMA tops the list based on its brand value and reputation and C comes in second place since its fees are the lowest amongst the three. Before taking final admission into any of these MBA colleges, please ensure that you speak to some students of the current batch and a few of their alumni, and visit the official website of the respective institutes for detailed information.

Tools to Crack CAT

Before taking final admission into any of these B-schools, please ensure that you speak to some students of the current batch and a few of their alumni, and visit the official website of the respective institutes for detailed information.

Ranking Methodology of MBA institutes

The parameters basis which MBA Colleges are evaluated and listed below:

Placement records of the last three years
Infrastructure: school and learning environment
Faculty
Geographical location: proximity of B-schools to business hubs
Entrance exams applicable
Interaction with alumni
Interaction with Career Launcher students now studying at these B-schools
Career Launcher also visits these campuses as a recruiter, and the input from our HR team helps us evaluate these institutes better.

Top MBA Colleges in India

India is sprawling with quality MBA colleges, but some are better than others in a few aspects. While choosing an MBA college, there are a few parameters that you should keep in mind, which include, its reputation, the alumni network, the faculty, and of course the corporate connection it has. We have categorized India's top MBA Colleges into six clusters based on the above-mentioned parameters which will help you select the ideal B-school that you want to target as your MBA destination. As we all know, there is no dearth of MBA Colleges in India, but for this list, we have chosen only the most progressive and most reputed colleges in the country.

Disclaimer: While this list, designed on the predictions made by CL experts, serves as a guide for selecting a top-level MBA college, do not constrain your research to this list only. We advise you to talk to some of the alumni members, go through the official website of the college and visit the campus if you can before taking admission to any of the below-mentioned institutes.

S.No.	Sub-Cluster	Institute	City	Fees	Program
CLUSTER – 1 Undoubtedly, like every year IIM Ahmedabad, Bengaluru and Calcutta acquire the top three positions in the best MBA Colleges’ preference list. With an excellent placement record, great reputation, and endless opportunities these institutes stand as crème de la crème institutes. FMS Delhi, IIM Lucknow, and XLRI are all equally good and one can choose any of these based on one’s specific requirements. If you are a candidate with over 3 years of work experience then you should be looking at ISB Hyderabad which offers a one-year course and accepts a GMAT score for admission. FMS DU, TISS, and JBIMS stand out in terms of excellent “value for money” institutes due to their very low fee and excellent placements however the 85% reservation for Maharashtra pushes JBIMS lower in my order of preference. TISS is a little lower on the list but that’s mostly because it is a specialized program. A general management program is generally preferred (over specialized programs) as it allows you to choose your area of specialization after studying all subjects in the first year. However, if you are interested in a particular stream (in this case HR) then it would rank higher for you. For e.g., if you are looking for a specialization in HR then XLRI and TISS would be your preferences.
1	1A	Indian Institute of Management (IIM-A)	Ahmedabad	INR 23, 00, 000	PGP
2	1A	Indian Institute of Management (IIM-B)	Bengaluru	INR 23,20,000	PGP
3	1A	Indian Institute of Management (IIM-C)	Kolkata	INR 22,60,000	PGDM
4	1B	Indian Institute of Management (IIM-L)	Lucknow	INR 19,25,000	PGPM
5	1B	Faculty of Management Studies (FMS) – DU	New Delhi	INR 1,92,000	MBA
6	1B	Indian School of Business (ISB)	Hyderabad	INR 22,50,000	PGP
7	1B	Xavier Labour Research Institute (XLRI)	Jamshedpur	INR 23,60,000	PGP-BM
8	1B	Tata Institute of Social Sciences (TISS)	Mumbai	INR 1,15,000	MA HRM LR
9	1B	Jamnalal Bajaj Institute of Management Studies (JBIMS)	Mumbai	INR 6,00,000	MMS
10	1C	SP Jain Institute of Management & Research (SPJIMR)	Mumbai	INR 19,00,000	PGDM
11	1C	Indian Institute of Management (IIM-K)	Kozhikode	INR 19,00,000	PGP
12	1C	Indian Institute of Management (IIM-I)	Indore	INR 16,50,000	PGPM
13	1C	Management Development Institute (MDI)	Gurgaon	20,86,670	PGPM
14	1C	Indian Institute of Foreign Trade (IIFT)	New Delhi	INR 18,25,000	MBA
15	1C	Xavier Labour Research Institute (XLRI)	NCR	INR 11,80,000	MBA

S.No.	Sub-Cluster	Institute	City	Fees	Program
CLUSTER – 2 This cluster shows that some non-IIMs make their mark as better MBA colleges than most of the IIM colleges in terms of growth, learning, and placements. IIFT Kolkata is listed in cluster 2A above many other older and more established institutes because it has a common placement process with IIFT Delhi and hence there is no disparity among the two institutes. Similarly, IIML ABM is preferred over IIMA FABM because while IIML does not differentiate between ABM and PGP in terms of placement opportunities, IIMA has a separate placement process for PGP and FABM. Three well-known technical institutes (IIT Bombay/Delhi and NITIE) make their presence felt in this cluster, all three are well-known MBA in Operations/Systems/Analytics. The IB programs of MDI Gurgaon are in this cluster and not in Cluster 1 due to cost considerations. Several of the new IIMs like IIM Ranchi, Udaipur, etc. are also appearing on this list.Many other IIMs and non-IIM colleges are part of cluster 2.
17	2A	Indian Institute of Management (IIM-L)	Lucknow	INR 19,25,000	PGP ABM
18	2A	Indian Institute of Foreign Trade (IIFT)	Kolkata	INR 8,85,000	MBA
19	2A	Indian Institute of Technology Bombay – SJSOM	Mumbai	INR 8,27,000	M. Management
20	2A	National Institute of Industrial Engineering (NITIE)	Mumbai	INR 14,00,000	PGDIM
21	2A	Indian Institute of Management Shillong	Shillong	INR 1,46,000	PGPM
22	2B	Indian Institute of Management (IIM-A)	Ahmedabad	INR 23,00,000	PGP FABM
23	2B	Indian Institute of Technology Delhi – DMS	New Delhi	INR 8,80,000	MBA
24	2B	Development Institute (MDI)	Gurgaon	INR 24,34,000	PGPM HRM
25	2B	Development Institute (MDI)	Gurgaon	INR 25,00,000	PGPM IM
26	2C	National Institute of Industrial Engineering (NITIE)	Mumbai	INR 14,63,000	PGDISEM
27	2C	Symbiosis Institute of Business Management (SIBM)	Pune	INR 20,50,000	MBA
28	2C	Institute of Management Ranchi	Ranchi	INR 15,10,000	PGDM
29	2C	Institute of Management Trichy	Tiruchirapalli	INR 16,50,000	PGPM
30	2C	Institute of Management Udaipur	Udaipur	INR 13,54,000	PGP
31	2C	Narsee Monjee Institute of Management Studies (NMIMS)	Mumbai	INR 17,50,000	MBA

S.No.	Sub-Cluster	Institute	City	Program
CLUSTER – 3 B-schools such as MICA and IRMA that offer specialized programs find their spot in this cluster. It must be understood that in their specialization, these two MBA colleges are amongst the best in the country. For example, MICA is regarded as one of the topmost MBA colleges in the country for its Marketing and Advertising program. Two old-established good institutes in this cluster are XIMB and IMT Ghaziabad, both provide excellent placement opportunities. For candidates with over 2 years of work experience, the Great Lakes Chennai 1 year program (PGPM) can be considered over others despite a lack of AICTE recognition as it has excellent placements due to industry recognition. In this cluster, the IITs can be preferred over the others due to their low fee and good placements especially if you are interested in specializing in operations/systems/analytics.
32	3A	Symbiosis Centre for Management and HRD (SCMHRD)	Pune	MBA
33	3A	Institute of Management Raipur	Raipur	PGP
34	3A	Indian Institute of Management Kashipur	Kashipur	PGP
35	3A	Indian Institute of Management Rohtak	Rohtak	PGP
36	3B	Institute of Technology Kharagpur – VGSOM	Kharagpur	MBA
37	3B	Mudra Institute of Communications Ahmedabad (MICA)	Ahmedabad	PGDM-C
38	3B	Xavier Institute of Management (XIMB)	Bhubaneswar	MBA BM
39	3B	Xavier Labour Research Institute (XLRI)	Jamshedpur	Global MBA
40	3C	Indian Institute of Management Ranchi	Ranchi	PGDHRM
41	3C	Institute of Management Technology (IMT)	Ghaziabad	PGDM
42	3C	International Management Institute (IMI)	New Delhi	PGDM
43	3C	Institute of Rural Management (IRMA)	Anand	PGPRM
44	3C	Sydenham Institute of Management Studies (SIMSREE)	Mumbai	PGDBM
45	3C	Great Lakes Institute of Management (GLIM)	Chennai	PGPM – 1 year
46	3C	Indian Institute of Technology Madras – DMS	Chennai	MBA

S.No.	Sub-Cluster	Institute	City	Program
CLUSTER – 4 Highlights of this cluster are the old established institutes (TAPMI, GIM, KJ Somaiya, BIM Trichy, etc) which are well known regionally, and the latest IIMs like Vizag, Nagpur, and others. This cluster also has specialized programs of some of the top MBA institutes (PGDISEM of NITIE, MSc Finance of JBIMS, HR programs of NMIMS and XIMB, etc.) and the value for money MBA programs of Delhi University (MFC, MHROD, MBE).
47	4A	T A Pai Management Institute (TAPMI)	Manipal	MBA
48	4A	Indian Institute of Management (IIM-V)	Vishakhapatnam	PGP
49	4A	Indian Institute of Management (IIM-N)	Nagpur	PGP
50	4A	Jamnalal Bajaj Institute of Management Studies	Mumbai	MSc Finance
51	4A	National Institute of Industrial Engineering (NITIE)	Mumbai	PGDISEM
52	4A	Indian Institute of Science (IISc)	Bengaluru	M.Mmgt (Tech Mgmt)
53	4A	Indian Institute of Management (IIM-Amritsar)	Amritsar	PGP
54	4A	Indian Institute of Technology Kanpur – DMS	Kanpur	MBA
55	4A	Narsee Monjee Institute of Management Studies	Mumbai	MBA HR
56	4A	Master of Finance & Control (MFC), DU	New Delhi	MBA Fin
57	4A	Xavier Institute of Management (XIMB)	Bhubaneswar	MBA HRM
58	4B	Master of HR and Organisational Development, DSE, Delhi Univ.	New Delhi	MHROD
59	4B	Indian Institute of Management (IIM-Bodh Gaya)	Bodh Gaya	PGP
60	4B	Indian Institute of Management (IIM-J)	Jammu	PGP
61	4B	Indian Institute of Technology Roorkee – DMS/p>	Roorkee	MBA
62	4B	Goa Institute of Management (GIM)	Goa	PGDM
63	4B	Symbiosis Institute of International Business (SIIB)	Pune	MBA IB
64	4B	K J Somaiya Institute of Management Studies & Research (SIMSR)	Mumbai	PGDM, IB, FM, Retail
65	4B	Bharathidasan Institute of Management (BIM)	Tiruchirapalli	MBA
66	4B	BITS Pilani, Department of Management	Pilani	MBA
67	4B	Indian Institute of Management (IIM-S)	Sirmaur	PGP
68	4C	Indian Institute of Management (IIM-L)	Greater Noida	PGP SM
69	4C	Indian Institute of Management (IIM-Sambalpur)	Sambalpur	PGP
70	4C	Department of Business Economics, Delhi University	New Delhi	BE
71	4C	University of Petroleum and Energy Studies (UPES)	Dehradun	MBA
72	4C	IFMR - Graduate School of Business at Krea University	Andhra Pradesh	MBA
73	4C	FLAME University	Pune	MBA
74	4C	Athena School Of Management	Mumbai	MBA
75	4C	Loyola Institute of Business Administration (LIBA)	Chennai	PGDM
76	4C	FORE School of Management	New Delhi	PGDM, IB
77	4C	SHARDA UNIVERSITY	Greater Noida	MBA
78	4C	Graphic Era University	Dehradun	MBA
79	4C	GNIOT Group of Institutions (GNIOT)	Greater Noida	PGDM
80	4C	ISBR Business School	Bangalore	MBA
81	4C	Firebird Institute of Research in Management	TAMILNADU	PGDM
82	4C	Amity University	(Gurgaon, Gwalior, Jaipur, Lucknow, Mumbai, Raipur)	MBA
83	4C	Jagan Institute of Management Studies	Delhi	PGDM
84	4C	Xavier Institute of Management & Entrepreneurship	Bangalore	MBA
85	4C	Mody University	Rajasthan	MBA
86	4C	Gandhi Institute of Technology and Management	Andhra Pradesh	MBA

S.No.	Sub-Cluster	Institute	City	Program
CLUSTER – 5 & 6 If you have not made it to any college up to Cluster 4 and CAT/XAT retake is not an option or you think that in a retake you will not be able to improve your score significantly then it is Cluster 5 and 6 institutes that you are looking at. The colleges included in these two clusters provide good education and decent career opportunities the role profiles and salary levels will be lower than what would be available in a higher cluster institute. For these colleges location is an important criterion – an institute in a metro city is likely to have better industry interaction and better placement opportunities. Also at this level, the majority of the placements are in the same geographical region, e.g. if you are studying in NCR you are unlikely to be placed outside North India. Also given that the salary levels will not be very high, look at keeping the total expense of doing MBA (fee + boarding & lodging) under control. Servicing a 20-lakh loan will be challenging with an 8 lakh salary.
87	5A	Delhi School of Management – Delhi Technological University (DTU)	New Delhi	MBA
88	5A	Nirma University – Institute of Management (IMNU)	Ahmedabad	MBA
89	5A	Narsee Monjee Institute of Management Studies (NMIMS)	Bengaluru	PGDM
90	5A	Manav Rachna Institute of Research and Studies	Faridabad	MBA
91	5B	Lal Bahadur Shastri Institute of Management (LBS)	New Delhi	PGDM, Finance
92	5B	Symbiosis Institute of Business Management (SIBM)	Bengaluru	MBA
93	5B	Symbiosis Institute of Operations Management (SIOM)	Nasik	MBA Ops
94	5B	International Management Institute (IMI)	New Delhi	PGDHRM
95	5B	Symbiosis Institute of Telecom Management (SITM)	Pune	MBA
96	5B	Symbiosis Institute of Management Studies (SIMS)	Pune	MBA
97	5B	Symbiosis Institute of Mass Communication (SIMC)	Pune	MBA CM
98	5C	Great Lakes Institute of Management (GLIM)	Chennai	PGDM
99	5C	Bennett University	Greater Noida	MBA
100	5C	Great Lakes Institute of Management (GLIM)	Gurgaon	PGPM 1 year
101	5C	International Management Institute (IMI)	Kolkata	PGDM
102	5C	Institute of Management Technology (IMT)	New Delhi	DCP
103	5C	International Management Institute (IMI)	New Delhi	PGDM BFS
104	5C	SOIL Institute of Management	Gurgaon	MBA
105	5C	National Institute of Bank Management	Pune	PGDM B & FS
106	5C	Welingkar Institute of Management	Mumbai	MMS, PGDM
107	5C	Management Development Institute (MDI)	Murshidabad	PGP
108	5C	Birla Institute of Management Technology (BIM Tech)	Greater Noida	PGDM, IB
109	5C	Shri Ram College of Commerce (SRCC GBO), Delhi Univ.	New Delhi	GBO
110	6A	International School of Business & Media	Pune	PGDM
111	6A	Xavier Institute of Management & Entrepreneurship (XIME)	Bengaluru	PGDM
112	6A	Narsee Monjee Institute of Management Studies (NMIMS)	Hyderabad	PGDM
113	6A	Symbiosis Institute of International Business (SIIB)	Pune	MBA AB, MBA E&E
114	6A	Symbiosis Centre for Management and HRD (SCMHRD)	Pune	MBA-IM
115	6A	Symbiosis Center for Information Technology	Pune	MBA-ITBM
116	6A	Institute of Management Technology (IMT)	Hyderabad	PGDM
117	6A	Great Lakes Institute of Management (GLIM)	Gurgaon	PGPME
118	6B	Indian Institute of Forest Management (IIFM)	Bhopal	PGDFM
119	6B	Faculty of Management Studies, BHU (FMS BHU)	Varanasi	MBA MBA IB
120	6B	SDM Institute for Management Development (SDMIMD)	Mysore	PGDM
121	6B	Institute of Management and Technology IMT – Nagpur	Nagpur	PGDM
122	6B	ICFAI Business School	Hyderabad	MBA/PGPM
123	6B	Xavier Institute of Social Service (XISS)	Ranchi	HR
124	6B	NL Dalmia Institute of Management Studies and Research	Mumbai	PGDM
125	6B	GNIOT Institute of Management Studies	Greater Noida	PGDM
126	6C	University Business School (UBS)	Chandigarh	MBA
127	6C	Symbiosis Institute of Business Management- Hyderabad	Hyderabad	MBA
128	6C	BML Munjal University	Gurgaon	MBA
129	6C	Symbiosis Institute of Computer Studies and Research (SICSR)	Pune	MBA-IT
130	6C	Xavier Institute of Management (XIMB)	Bhubaneswar	MBA – Rural Mgmt
131	6C	Xavier Institute of Social Service (XISS)	Ranchi	Marketing & Finance
132	6C	Kirloskar Institute of Advanced Management Studies	Harihar and Pune	PGDM
133	6C	Xavier Institute of Management & Entrepreneurship (XIME)	Kochi	PGDM
134	6C	Symbiosis Institute of Health Services (SIHS)	Pune	MBA
135	6C	Symbiosis Institute of Banking and Finance (SSBF)	Pune	MBA BF, PGDBF

Top MBA Colleges in India

Tools to Crack CAT

Ranking Methodology of MBA institutes

Top MBA Colleges in India

Suggested Readings:

CAT Coaching Centers across India View all CAT Centers