Top MBA Colleges In India 2025: Ranking, Fees, Admissions, Courses & Placements

Top MBA Colleges Overview
Parameters	Details
No. of MBA Colleges	120+
Top MBA Colleges	IIMs and Non-IIMs, including XLRI, SIBM Pune, NMIMS Mumbai, etc
Top MBA Specialisations	Marketing Management, Finance, Human Resources, Operations, Consulting and more.
Top MBA Entrance Exams	CAT, XAT, CMAT, MAT, SNAP, NMAT and more.
No. of IIMs in India	21

Top MBA Colleges In India 2025: Cluster-Wise List With Fees, Courses, Placements & ROI

India is home to numerous high-quality MBA colleges, each with its own unique strengths. When considering an MBA college, it is essential to consider parameters such as reputation, alumni network, faculty, and corporate connections. These top MBA colleges in India have been grouped into six clusters based on these criteria, offering valuable insights to aid in your dream B-school selection. While this list serves as a helpful guide, it's advisable to supplement your research with interactions with alumni, exploration of official college websites, and campus visits before finalizing your admission decision.

List of Best MBA Colleges in India 2025

Based on predictions by CL experts, this curated list acts as a guide for selecting a top-tier MBA college. However, we advise you to talk to some of the alumni members, go through the college's official website, and visit the campus if you can before taking admission to any of the institutes below to make an informed decision about your MBA destination.

Ranking	College Name	City	Program	Cluster	Avg CTC (In LPA)	Median CTC (In LPA)	Highest CTC (In LPA)	Fees (in Lakhs)	ROI
1	IIM Ahmedabad	Ahmedabad	MBA	1A	34.45	31.58	146.19	26.50	1.30
2	IIM Bangalore	Bangalore	MBA	1A	35.92	32.50	-	26.00	1.38
3	IIM Calcutta	Calcutta	MBA	1A	35.07	33.67	115.00	27.00	1.30
4	IIM Bangalore	Bangalore	PGP-BA	1A	35.92	32.50	-	26.00	1.38
5	IIM Lucknow	Lucknow	MBA	1A	30.00	27.00	123.00	20.75	1.45
6	FMS -Delhi University	New Delhi	MBA	1A	34.10	31.00	123.00	2.32	14.70
7	Xavier Labour Research Institute (XLRI)	Jamshedpur	PGDM - HRM	1A	29.89	28.00	75.00	28.60	1.05
8	Xavier Labour Research Institute (XLRI)	Jamshedpur	PGDM -BM	1A	29.89	28.00	75.00	28.60	1.05
9	IIM Lucknow	Lucknow	MBA - ABM	1A	30.00	27.00	123.00	20.75	1.45
10	Indian School of Business (ISB)	Hyderabad	PGP	1B	34.08	-	-	32.77	1.04
11	Tata Institute of Social Sciences (TISS)	Mumbai	MA -HRM LR	1B	26.31	25.28	49.00	1.85	14.22
12	IIM Kozhikode	Kozhikode	MBA	1B	28.05	27.00	72.02	20.50	1.37
13	Xavier Labour Research Institute (XLRI)	NCR	PGDM - BM	1B	29.89	28.00	75.00	28.60	1.05
14	IIM Indore	Indore	MBA	1B	25.69	-	100.00	21.17	1.21
15	SP Jain Institute of Management & Research (SPJIMR)	Mumbai	PGDM	1B	32.00	30.50	81.00	22.50	1.42
16	Jamnalal Bajaj Institute of Management Studies (JBIMS)	Mumbai	MMS	1C	26.12	26.40	87.12	9.00	2.90
17	IIM Kozhikode	Kozhikode	MBA - Finance	1C	28.05	27.00	72.02	20.50	1.37
18	IIM Kozhikode	Kozhikode	MBA - LSM	1C	28.05	27.00	72.02	20.50	1.37
19	Indian Institute of Foreign Trade (IIFT)	New Delhi	MBA	1C	27.30	25.00	75.60	21.82	1.25
20	Management Development Institute (MDI)	Gurgaon	PGPM	1C	26.18	25.00	-	24.99	1.05
21	IIT Bombay -SJSOM	Mumbai	MBA	2A	28.01	26.73	72.00	14.77	1.90
22	Indian Institute of Foreign Trade (IIFT)	Kolkata	MBA	2A	27.30	25.00	75.60	21.32	1.28
23	IIM Shillong	Shillong	MBA	2A	26.10	25.67	71.50	26.18	1.00
24	IIM Mumbai ( Former NITIE)	Mumbai	MBA	2A	-	-	54.00	21.00	NA
25	IIM Ahmedabad	Ahmedabad	MBA - FABM	2A	-	-	-	26.50	NA
26	IIT Delhi -DMS	New Delhi	MBA	2B	25.82	24.45	41.13	12.00	2.15
27	Management Development Institute (MDI)	Gurgaon	PGPM-HRM	2B	23.33	24.00	24.99	0.93
28	Management Development Institute (MDI)	Gurgaon	PGPM -IB	2B	26.18	25.00	-	29.58	0.89
29	Management Development Institute (MDI)	Gurgaon	PGP-BA	2B	-	-	-	24.99	NA
30	Symbiosis Institute of Business Management (SIBM)	Pune	MBA	2B	28.16	25.00	49.00	24.59	1.15
31	Symbiosis Centre for Management and HRD (SCMHRD)	Pune	MBA	2B	24.28	22.80	38.00	27.06	0.90
32	Narsee Monjee Institute of Management Studies (NMIMS)	Mumbai	MBA - Core	2B	25.13	-	67.70	25.00	1.01
33	Jamnalal Bajaj Institute of Management Studies	Mumbai	MSc Finance	2B	18.00	-	30.00	6.00	3.00
34	Mudra Institute of Communications Ahmedabad (MICA)	Ahmedabad	PGDM-C	2B	19.21	18.00	35.50	26.00	0.74
35	BITSOM Mumbai	Mumbai	MBA	2B	23.41	24.00	50.00	28.55	0.82
36	IIM Trichy	Trichy	MBA	2C	19.43	18.24	43.69	14.50	1.34
37	IIM Udaipur	Udaipur	MBA	2C	18.77	18.00	47.66	20.43	0.92
38	IIM Raipur	Raipur	MBA	2C	18.15	-	42.29	18.00	1.01
39	Indian Institute of Science (IISc)	Bengaluru	M.Mmgt	3a	-	-	-	5.30	NA
40	Xavier Institute of Management (XIMB)	Bhubaneshwar	MBA -BM	3A	19.53	18.37	30.00	24.40	0.80
42	IIT Kharagpur -VGSOM	Kharagpur	MBA	3A	22.13	21.04	43.37	11.59	1.91
43	IIT Madras - DMS	Chennai	MBA	3A	16.93	16.39	29.65	11.00	1.54
44	IIM Kashipur	Kashipur	MBA	3A	15.04	15.03	29.86	12.00	1.25
45	IIM Ranchi	Ranchi	MBA	3A	18.69	18.00	37.80	17.50	1.07
46	IIM Rohtak	Rohtak	MBA	3B	19.27	17.00	48.25	17.90	1.08
47	IIM Ranchi	Ranchi	MBA-HRM	3B	18.37	18.22	33.97	17.50	1.05
48	Indian Institute of Management (IIM-L)	Lucknow (Noida)	PGP-SM	3B	20.14	18.05	45.37	20.00	1.01
50	Institute of Management Technology (IMT)	Ghaziabad	PGDM	3B	17.20	15.86	62.86	21.53	0.80
51	Institute of Management Technology (IMT)	Ghaziabad	Mktg, Fin	3B	17.20	15.86	62.86	21.53	0.80
52	Institute of Rural Management (IRMA)	Anand	PGPRM	3B	14.14	15.00	31.16	13.60	1.04
53	Great Lakes Institute of Management (GLIM)	Chennai	PGPM - 1 year	3C	17.30	-	39.30	18.81	0.92
54	International Management Institute (IMI)	New Delhi	PGDM	3C	16.73	16.60	70.95	22.00	0.76
55	Narsee Monjee Institute of Management Studies (NMIMS)	Mumbai	MBA HR	3C	18.64	-	25.02	25.00	0.75
56	Indian Institute of Technology Roorkee – DoMS	Roorkee	MBA	3C	18.30	18.50	26.00	9.68	1.89
57	Indian Institute of Technology Kanpur – DoMS	Kanpur	MBA	3C	18.20	19.90	24.00	3.67	4.96
58	BITS Pilani, Department of Management	Pilani	MBA-BA	4A	14.63	14.64	21.60	7.29	2.01
59	T A Pai Management Institute (TAPMI)	Manipal	PGDM	4A	13.84	-	32.02	18.00	0.77
60	Indian Institute of Management (IIM-N)	Nagpur	PGP	4A	16.29	16.00	38.40	21.00	0.78
61	Indian Institute of Management (IIM-Sambalpur)	Sambalpur	PGP	4A	14.21	13.15	23.50	21.01	0.68
62	Indian Institute of Management (IIM-V)	Visakhapatnam	PGP	4A	15.61	15.50	43.25	21.51	0.73
63	Indian Institute of Management (IIM-Amritsar)	Amritsar	PGP	4A	16.51	16.00	36.25	14.54	1.14
64	Indian Institute of Management (IIM-J)	Jammu	PGP	4A	15.48	15.00	31.75	20.73	0.75
65	Department of Business Economics, Delhi University	Delhi	MBA (BE)	4A	14.41	12.87	24.80	0.99	14.56
66	DSE, Delhi Univ.	Delhi	MBA (IB)	4B	13.50	12.20	25.00	0.50	27.00
67	Sydenham Institute of Management Studies (SIMSREE)	Mumbai	MMS	4B	15.24	14.95	26.30	1.38	11.04
68	Xavier Institute of Management University	Bhubaneswar	MBA - Rural Mgmt	4B	12.50	11.50	15.00	16.80	0.74
69	International Management Institute (IMI)	New Delhi	PGDM BFS	4B	17.19	16.60	29.25	22.00	0.78
70	International Management Institute (IMI)	New Delhi	PGDHRM	4B	16.70	15.00	25.95	22.00	0.76
71	Indian Institute of Management (IIM-Bodh Gaya)	Bodh Gaya	PGP	4B	13.90	13.50	32.50	16.28	0.85
72	Indian Institute of Management Sirmaur	Sirmaur	PGP	4C	13.93	12.49	-	17.70	0.79
73	FORE School of Management	New Delhi	PGDM IB	4C	16.01	15.00	70.00	20.77	0.77
74	Goa Institute of Management (GIM)	Goa	PGDM	4C	14.81	14.60	26.30	20.40	0.73
75	Symbiosis Institute of International Business (SIIB)	Pune	MBA IB	4C	13.51	12.65	24.65	20.92	0.65
76	Symbiosis Institute of Operations Management (SIOM)	Nashik	MBA Ops	4C	14.50	14.27	30.00	18.30	0.79
77	K J Somaiya Institute of Management Studies & Research (SIMSR)	Mumbai	MBA/MBA-HCM	4C	12.44	-	20.26	22.32	0.56
78	National Institute of Bank Management (NIBM)	Pune	PGDM B & FS	5A	15.00	14.23	26.51	16.00	0.94
79	Shri Ram College of Commerce (SRCC GBO), Delhi Univ.	Delhi	GBO	5A	12.50	11.53	40.00	3.20	3.91
80	Great Lakes Institute of Management (GLIM)	Chennai	PGDM	5A	15.10	-	37.00	21.63	0.70
81	Symbiosis Institute of Business Management (SIBM)	Bengaluru	MBA	5A	14.47	14.50	24.00	23.49	0.62
82	Narsee Monjee Institute of Management Studies (NMIMS)	Bengaluru	PGDM	5A	14.11	13.44	43.25	21.00	0.67
83	SDA Bocconi Asia Center	Mumbai	International Masters in Business	5A	15.01	13.51	36.50	21.66	0.69
84	Great Lakes Institute of Management (GLIM)	Gurgaon	PGPM 1 year	5B	15.30	-	25.50	20.75	0.74
85	IFMR GSB, Korea University	Sri City, Andhra Pradesh	MBA	5B	13.04	13.06	21.74	19.85	0.66
86	University Business School (UBS)	Chandigarh	MBA	5B	12.43	12.00	24.00	0.50	24.86
87	Narsee Monjee Institute of Management Studies (NMIMS)	Navi Mumbai	MBA	5B	13.06	12.00	20.97	21.00	0.62
88	Narsee Monjee Institute of Management Studies (NMIMS)	Hyderabad	PGDM	5B	12.03	11.00	19.94	21.00	0.57
89	Narsee Monjee Institute of Management Studies (NMIMS)	Indore	MBA	5B	12.50	12.40	16.80	18.00	0.69
90	Welingkar Institute of Management	Mumbai	MMS, PGDM	5B	13.05	-	40.00	14.00	0.93
91	Nirma University – Institute of Management (IMNU)	Ahmedabad	MBA	5B	11.22	10.50	70.00	14.90	0.75
92	Symbiosis Institute of Management Studies (SIMS)	Pune	MBA	5B	-	-	24.00	15.45	NA
93	Symbiosis Institute of Digital & Telecom Management (SIDTM)	Pune	MBA	5B	13.20	-	29.04	20.63	0.64
94	Management Development Institute (MDI)	Murshidabad	PGP	5B	11.76	11.00	40.00	15.51	0.76
95	Lal Bahadur Shastri Institute of Management (LBS)	New Delhi	PGDM , Finance	5B	12.24	-	16.67	15.50	0.79
96	Bharathidasan Institute of Management (BIM)	Tiruchirapally	MBA	5B	11.84	-	17.50	17.68	0.67
97	Loyola Institute of Business Administration (LIBA)	Chennai	PGDM	5C	-	11.00	20.50	16.99	NA
98	Birla Institute of Management Technology (BIM Tech)	Greater N	PGDM, IB	5C	11.10	10.50	24.43	14.00	0.79
99	Delhi School of Management - Delhi Technological University (DTU)	New Delhi	MBA	5C	10.30	-	23.80	4.65	2.22
100	International Management Institute (IMI)	Kolkata	PGDM	5C	10.65	10.50	14.00	14.00	0.76
101	Symbiosis Institute of Mass Communication (SIMC)	Pune	MBA CM	5C	8.95	-	21.00	17.32	0.52
102	Symbiosis Institute of International Business (SIIB)	Pune	MBA E&E	5C	11.81	11.23	15.95	14.88	0.79
103	Symbiosis Center for Information Technology	Pune	MBA-ITBM	5C	11.58	-	18.00	17.46	0.66
104	Symbiosis Institute of Banking and Finance (SSBF)	Pune	MBA BF, PGDBF	5C	11.00	10.20	15.00	20.67	0.53
105	Symbiosis Institute of International Business (SIIB)	Pune	MBA AB	5C	10.04	10.33	16.18	14.92	0.67
106	ICFAI Business School	Hyderabad	MBA/PGPM	5C	9.71	-	21.00	17.01	0.57
107	ISM Dhanbad	Dhanbad	MBA - BA	5C	13.46	-	30.00	3.67	3.67
108	Institute of Management Technology (IMT)	Ghaziabad	DCP	6A	17.27	15.20	34.76	30.85	0.56
109	Jagan Institute of Management Studies	New Delhi	PGDM	6A	-	-	24.00	-	NA
110	Institute of Management Technology (IMT)	Hyderabad	PGDM	6A	12.30	-	25.50	14.50	0.85
112	Institute of Management and Technology IMT - Nagpur	Nagpur	PGDM	6A	-	-	36.33	15.00	NA
113	Xavier Institute of Management & Entrepreneurship (XIME)	Bengaluru	PGDM	6A	10.00	-	-	12.90	0.78
114	SOIL Institute of Management	Gurgaon	PGDM	6A	10.75	10.50	27.00	16.20	0.66
115	NL Dalmia Institute of Management Studies and Research	Mumbai	PGDM	6A	-	-	25.50	16.50	NA
116	SDM Institute for Management Development (SDMIMD)	Mysore	PGDM	6A	10.00	-	14.00	12.70	0.79
117	Faculty of Management Studies, BHU (FMS BHU)	Varanasi	MBA MBA IB	6A	11.40	-	35.00	0.99	11.52
118	Flame University	Pune	MBA	6A	11.00	-	25.00	19.70	0.56
119	Symbiosis Institute of Computer Studies and Research (SICSR)	Pune	MBA IT	6A	7.12	-	11.59	11.00	0.65
120	International School of Business & Media	Pune	PGDM	6A	11.40	-	20.56	11.10	1.03
121	Xavier Institute of Social Service (XISS)	Ranchi	PGDM HRM	6B	9.36	-	21.00	8.90	1.05
122	Symbiosis Institute of Business Management- Hyderabad	Hyderabad	MBA	6B	9.30	8.70	28.00	19.75	0.47
123	Indian Institute of Forest Management (IIFM)	Bhopal	PGDFM	6B	9.68	9.20	18.50	11.80	0.82
124	TAPMI School of Business, Manipal University	Jaipur	MBA	6B	7.64	-	18.00	10.45	0.73
125	BML Munjal University	Gurgaon	MBA	6C	9.20	-	14.71	14.60	0.63
127	Kriloskar Institute of Management	Harihar and Pune	PGDM	6C	-	7.28	11.00	12.60	NA
128	Xavier Institute of Management & Entrepreneurship (XIME)	Kochi	PGDM	6C	9.00	-	16.20	12.79	0.70
129	Symbiosis Institute of Health Services (SIHS)	Pune	MBA - HHM	6C	7.95	9.00	19.00	14.94	0.53

Ranking Methodology Of Top MBA Colleges

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

Placement records of the last three years
Infrastructure & Faculty
Return on Investment
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 10 MBA Colleges In India With NIRF Ranking 2024

Every year, NIRF publishes its rankings based on 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 MBA colleges in India, along with their NIRF ranking 2024:

NIRF Rankings Of Top MBA Colleges in India
Top MBA B-Schools	Scores	NIRF Rankings
IIM Ahmedabad	83.32	1
IIM Bangalore	81.16	2
IIM Kozhikode	77.90	3
IIT Delhi	76.25	4
IIM Calcutta	75.07	5
IIM Mumbai (NITIE)	74.73	6
IIM Lucknow	74.43	7
IIM Indore	73.53	8
XLRI Jamshedpur	68.13	9
IIT Bombay	67.16	10

Also Read: NIRF Ranking 2024 For MBA Colleges

Top MBA Colleges in India: MBA Admissions Process 2025

The eligibility requirements for the best B-Schools in India, including the top 20 MBA colleges, can vary from one institution to another. However, the basic criteria for MBA admissions are as follows:

Candidates must have completed their graduation in any field or an equivalent degree from a recognized university to qualify for a full-time MBA program.
Most colleges require a minimum score of 50% in graduation or an equivalent CGPA. The minimum requirement for students from reserved categories is 45% or an equivalent CGPA.
Universities and colleges also consider candidates based on various entrance exams, such as CAT, XAT, SNAP, NMAT, CMAT, MAT, and others.

Parameters Used To Classify These Top MBA Colleges 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:

Placement Data: The highest and average placement statistics are indeed major criteria for selection; however, one should keep in mind that they are often inaccurate and don't tell the full story of student outcomes.
ROI: An MBA is a huge time and monetary investment. While the costliest ones attract the highest fees, they often give great returns on investment, help recover costs, and give the go-ahead to career advancement.
MBA Entrance Cutoffs: CAT is one of the most prominent entrance tests for admission to an MBA program, though many such tests exist. The general idea is that higher cutoffs result in a higher quality incoming class, which enhances learning and brand value for the B-school.
Brand and Legacy Value: An institute's brand image deeply influences the success of its students, which includes factors such as employer reviews and academic reputation. Mature B-schools, generally, are much more likely to possess a strong legacy, which enables the students to leverage that during placements.

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.

Top MBA Colleges In India 2025: Ranking, Fees, Admission, Courses & Placements

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Parameters Used To Classify These Top MBA Colleges In India

Frequently Asked Questions

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