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

Updated on 26th September 2025 | 5:26 pm | #TopMBAColleges

Top MBA Colleges In India 2025: Selecting the right B-school from some of the best MBA B-schools 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 best colleges in India for MBA 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.

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Top B-Schools In India: Highlights 2025

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:

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Best MBA Institutes Overview 

Parameters 

Details 

No. Of MBA Colleges 

120+

Top MBA Institutes In India  

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 10 MBA Colleges In India With NIRF Ranking

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 MBA colleges in India, along with their NIRF ranking.

NIRF Rankings 2024 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 For MBA Colleges

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

India is home to numerous leading 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 institutes in India have been grouped into six clusters based on these criteria, 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.

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.

Rank

  

College Name

City

Program

Cluster

Fees (in Lakhs)

Avg CTC (In LPA)

Median CTC (In LPA)

Highest CTC (In LPA)

ROI

1

  

IIM Ahmedabad

Ahmedabad

MBA

1A

27.5

35.22

34.53

110

1.28

2

  

IIM Bangalore

Bangalore

MBA

1A

26.5

34.88

32.61

-

1.32

3

  

IIM Calcutta

Calcutta

MBA

1A

33.5

34.23

34

145

1.02

4

  

IIM Bangalore

Bangalore

PGP-BA

1A

26.5

34.88

32.61

-

1.32

5

  

IIM Lucknow

Lucknow

MBA

1A

20.75

32.3

31

75

1.56

6

  

FMS -Delhi University

New Delhi

MBA

1A

2.32

34.1

31

123

14.7

7

  

Xavier Labour Research Institute (XLRI)

Jamshedpur

PGDM - HRM

1A

28.6

31.08

29

75

1.09

8

  

Xavier Labour Research Institute (XLRI)

Jamshedpur

PGDM -BM

1A

28.6

31.08

29

75

1.09

9

  

IIM Lucknow

Lucknow

MBA - ABM

1A

20.75

32.3

31

75

1.56

10

  

Indian School of Business (ISB)

Hyderabad

PGP

1B

38.67

-

-

-

NA

11

  

Tata Institute of Social Sciences (TISS)

Mumbai

MA -HRM LR

1B

1.45

28.2

28

36.25

19.45

12

  

IIM Kozhikode

Kozhikode

MBA

1B

23.5

28.05

27

72.02

1.19

13

  

Xavier Labour Research Institute (XLRI)

NCR

PGDM - BM

1B

28.6

29

31.08

75

1.01

14

  

IIM Indore

Indore

MBA

1B

26.18

29.57

27

70

1.13

15

  

SP Jain Institute of Management & Research (SPJIMR)

Mumbai

PGDM

1B

26.5

32

30.5

81

1.21

16

  

Jamnalal Bajaj Institute of Management Studies (JBIMS)

Mumbai

MMS

1C

9

26.12

26.4

87.12

2.9

17

  

IIM Kozhikode

Kozhikode

MBA - Finance

1C

23.5

28.05

27

72.02

1.19

18

  

IIM Kozhikode

Kozhikode

MBA - LSM

1C

23.5

28.05

27

72.02

1.19

19

  

Indian Institute of Foreign Trade (IIFT)

New Delhi

MBA

1C

21.82

27.3

25

75.6

1.25

20

  

Management Development Institute (MDI)

Gurgaon

PGPM

1C

25.99

25.6

25

53.6

0.98

21

  

IIT Bombay -SJSOM

Mumbai

MBA

2A

15.15

25.82

25.25

53.8

1.7

22

  

Indian Institute of Foreign Trade (IIFT)

Kolkata

MBA

2A

21.32

27.3

25

75.6

1.28

23

  

IIM Shillong

Shillong

MBA

2A

26.18

26.44

25

71.5

1.01

24

  

IIM Mumbai ( Former NITIE)

Mumbai

MBA

2A

21

-

-

54

NA

25

  

IIM Ahmedabad

Ahmedabad

MBA - FABM

2A

27.5

-

-

-

NA

26

  

IIT Delhi -DMS

New Delhi

MBA

2B

12

23.4

22.05

40.5

1.95

27

  

Management Development Institute (MDI)

Gurgaon

PGPM-HRM

2B

25.99

24.14

22.5

-

0.93

28

  

Management Development Institute (MDI)

Gurgaon

PGPM -IB

2B

32.54

26.2

26.2

-

0.81

29

  

Management Development Institute (MDI)

Gurgaon

PGP-BA

2B

25.99

22.75

21.65

-

NA

30

  

Symbiosis Institute of Business Management (SIBM)

Pune

MBA

2B

25.1

28.83

26.04

53.58

1.15

31

  

Symbiosis Centre for Management and HRD (SCMHRD)

Pune

MBA

2B

24.8

21.47

20

35.9

0.87

32

  

Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai

MBA - Core

2B

25

25.13

-

67.7

1.01

33

  

Jamnalal Bajaj Institute of Management Studies

Mumbai

MSc Finance

2B

6

18

-

30

3

34

  

Mudra Institute of Communications Ahmedabad (MICA)

Ahmedabad

PGDM-C

2B

26

19.22

18

40.91

0.74

35

  

BITSOM Mumbai

Mumbai

MBA

2B

28.55

23.41

24

50

0.82

36

  

IIM Trichy

Trichy

MBA

2C

19.5

19.43

18.24

43.69

1

37

  

IIM Udaipur

Udaipur

MBA

2C

19.45

18.77

18

47.66

0.97

38

  

IIM Raipur

Raipur

MBA

2C

18.89

18.15

-

42.29

0.96

39

  

Xavier Institute of Management (XIMB)

Bhubaneshwar

MBA -BM

3A

26

19.53

18.37

30

0.75

40

  

IIT Kharagpur -VGSOM

Kharagpur

MBA

3A

11.35

22.75

22.15

37.63

2

41

  

IIT Madras - DMS

Chennai

MBA

3A

11

17.9

18

35.5

1.63

42

  

IIM Kashipur

Kashipur

MBA

3A

17.3

15.04

15.03

29.86

0.87

43

  

IIM Ranchi

Ranchi

MBA

3A

19.2

19.29

17.64

50.39

1

44

  

IIM Rohtak

Rohtak

MBA

3B

17.9

18.73

17

36

1.05

45

  

IIM Ranchi

Ranchi

MBA-HRM

3B

19.2

19.02

18

35.3

0.99

46

  

Indian Institute of Management (IIM-L)

Lucknow (Noida)

PGP-SM

3B

20.75

22.66

20

45.37

1.09

47

  

Institute of Management Technology (IMT)

Ghaziabad

PGDM

3B

21.53

16.25

15

41.55

0.75

48

  

Institute of Management Technology (IMT)

Ghaziabad

Mktg, Fin

3B

21.53

16.25

15

41.55

0.75

49

  

Institute of Rural Management (IRMA)

Anand

PGPRM

3B

13.6

14.14

15

31.16

1.04

50

  

Great Lakes Institute of Management (GLIM)

Chennai

PGPM - 1 year

3C

21.63

17.3

-

39.3

0.8

51

  

International Management Institute (IMI)

New Delhi

PGDM

3C

23.54

16.73

16.6

70.95

0.71

52

  

Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai

MBA HR

3C

25

18.64

-

25.02

0.75

53

  

Indian Institute of Technology Roorkee – DoMS

Roorkee

MBA

3C

9.68

17.91

17.64

24

1.85

54

  

Indian Institute of Technology Kanpur – DoMS

Kanpur

MBA

3C

4.12

17.2

16.5

36

4.17

55

  

T A Pai Management Institute (TAPMI)

Manipal

PGDM

4A

18

13.99

-

32.77

0.78

56

  

Indian Institute of Management (IIM-N)

Nagpur

PGP

4A

21

18.07

17.03

69.57

0.86

57

  

Indian Institute of Management (IIM-Sambalpur)

Sambalpur

PGP

4A

21.01

-

-

48.6

-

58

  

Indian Institute of Management (IIM-V)

Visakhapatnam

PGP

4A

20.51

16.4

16

32.5

0.8

59

  

Indian Institute of Management (IIM-Amritsar)

Amritsar

PGP

4A

21.5

-

-

28

NA

60

  

Indian Institute of Management (IIM-J)

Jammu

PGP

4A

20.73

 

 

 

-

61

  

Department of Business Economics, Delhi University

Delhi

MBA (BE)

4A

1

15.12

12.95

30.25

15.12

62

  

DSE, Delhi Univ.

Delhi

MBA (IB)

4B

0.53

13.92

15.17

30

26.26

63

  

Sydenham Institute of Management Studies (SIMSREE)

Mumbai

MMS

4B

1.38

15.1

14.85

22.5

10.94

64

  

Xavier Institute of Management University

Bhubaneswar

MBA - Rural Mgmt

4B

16.8

17.02

16.5

30

1.01

65

  

International Management Institute (IMI)

New Delhi

PGDM BFS

4B

23.54

17.19

16.6

29.25

0.73

66

  

International Management Institute (IMI)

New Delhi

PGDHRM

4B

22

16.7

15

25.95

0.76

67

  

Indian Institute of Management (IIM-Bodh Gaya)

Bodh Gaya

PGP

4B

19.52

13

12

22

0.67

68

  

Indian Institute of Management Sirmaur

Sirmaur

PGP

4C

20

13.3

-

-

0.67

69

   FORE school of management, Delhi 

New Delhi

PGDM IB

4C

20.77

16.8

15.2

29

0.81

70

  

Goa Institute of Management (GIM)

Goa

PGDM

4C

13.12

15.13

15

32.2

1.15

71

  

Symbiosis Institute of Operations Management (SIOM)

Nashik

MBA Ops

4C

23.46

13.9

13

21.6

0.59

72

  

K J Somaiya Institute of Management Studies & Research (SIMSR)

Mumbai

MBA/MBA-HCM

4C

22.32

-

-

28.25

 

73

  

National Institute of Bank Management (NIBM)

Pune

PGDM B & FS

5A

16

15

14.1

26.6

0.94

74

  

Shri Ram College of Commerce (SRCC GBO), Delhi Univ.

Delhi

GBO

5A

-

11.81

11.4

32

 

75

  

Great Lakes Institute of Management (GLIM)

Chennai

PGDM

5A

21.63

15

-

39.3

0.69

76

  

Symbiosis Institute of Business Management (SIBM)

Bengaluru

MBA

5A

30.24

14.53

14

23.5

0.48

77

  

Narsee Monjee Institute of Management Studies (NMIMS)

Bengaluru

PGDM

5A

-

14.12

13

72

 

78

  

SDA Bocconi Asia Center

Mumbai

International Masters in Business

5A

20.75

15.01

13.51

36.5

0.72

79

  

Great Lakes Institute of Management (GLIM)

Gurgaon

PGPM 1 year

5B

21.66

17.8

-

30.8

0.82

80

  

IFMR GSB, Krea University

Sri City, Andhra Pradesh

MBA

5B

15

12.04

11.5

21.32

0.8

81

  

University Business School (UBS)

Chandigarh

MBA

5B

-

12.43

12

24

 

82

  

Narsee Monjee Institute of Management Studies (NMIMS)

Navi Mumbai

MBA

5B

-

12.85

12

19

 

83

  

Narsee Monjee Institute of Management Studies (NMIMS)

Hyderabad

PGDM

5B

-

11

10

20

 

84

  

Narsee Monjee Institute of Management Studies (NMIMS)

Indore

MBA

5B

-

12.5

12.4

16.8

 

85

  

Welingkar Institute of Management

Mumbai

MMS, PGDM

5B

-

11.44

-

19.32

 

86

  

Nirma University – Institute of Management (IMNU)

Ahmedabad

MBA

5B

 

11.22

10.5

70

 

87

  

Symbiosis Institute of Management Studies (SIMS)

Pune

MBA

5B

23.13

13.5

 

21

0.58

88

  

Symbiosis Institute of Digital & Telecom Management (SIDTM)

Pune

MBA

5B

20.92

13.21

 

29.04

0.63

89

  

Management Development Institute (MDI)

Murshidabad

PGP

5B

15.51

10.67

11.4

14

0.69

90

  

Lal Bahadur Shastri Institute of Management (LBS)

New Delhi

PGDM , Finance

5B

15.5

12.24

-

16.67

0.79

91

  

Bharathidasan Institute of Management (BIM)

Tiruchirapally

MBA

5B

15.5

12.24

-

16.67

0.79

92

  

Loyola Institute of Business Administration (LIBA)

Chennai

PGDM

5C

7.8

-

-

-

-

93

  

Birla Institute of Management Technology (BIM Tech)

Greater N

PGDM, IB

5C

14

11.1

10.5

24.43

0.79

94

  

Delhi School of Management - Delhi Technological University (DTU)

New Delhi

MBA

5C

4.84

10.3

-

23.8

2.13

95

  

International Management Institute (IMI)

Kolkata

PGDM

5C

13

13.06

12.82

16.42

1

96

  

Symbiosis Institute of Mass Communication (SIMC)

Pune

MBA CM

5C

-

8.44

-

21

-

97

  

Symbiosis Institute of International Business (SIIB)

Pune

MBA E&E

5C

15.82

14

13.2

19.2

0.88

98

  

Symbiosis Center for Information Technology

Pune

MBA-ITBM

5C

19.5

11.67

 

30

 

99

  

Symbiosis Institute of Banking and Finance (SSBF)

Pune

MBA BF, PGDBF

5C

23.14

11

 

21.42

 

100

  

Symbiosis Institute of International Business (SIIB)

Pune

MBA AB

5C

18.24

12.6

11

21.6

 

101

  

ICFAI Business School

Hyderabad

MBA/PGPM

5C

17.01

9.71

-

21

0.57

102

  

ISM Dhanbad

Dhanbad

MBA - BA

5C

 

10.3

10

-

 

103

  

Institute of Management Technology (IMT)

Ghaziabad

DCP

6A

 

16.07

15

41.55

 

104

  

Jagan Institute of Management Studies

New Delhi

PGDM

6A

10.75

9.72

9.83

 

 

105

  

Institute of Management Technology (IMT)

Hyderabad

PGDM

6A

15

12.3

-

25.5

0.82

106

  

Institute of Management and Technology IMT - Nagpur

Nagpur

PGDM

6A

15

-

-

20

 

107

  

Xavier Institute of Management & Entrepreneurship (XIME)

Bengaluru

PGDM

6A

12.9

9.6

9.2

22

0.74

108

  

SOIL Institute of Management

Gurgaon

PGDM

6A

16.2

11.17

10.9

20.7

0.69

109

  

NL Dalmia Institute of Management Studies and Research

Mumbai

PGDM

6A

 

9

8.7

17

 

110

  

SDM Institute for Management Development (SDMIMD)

Mysore

PGDM

6A

12.7

10

-

15.25

0.79

111

  

Faculty of Management Studies, BHU (FMS BHU)

Varanasi

MBA MBA IB

6A

0.99

10.1

9.2

19.8

 

112

  

Flame University

Pune

MBA

6A

19.7

9.63

9.42

15.25

 

113

  

Symbiosis Institute of Computer Studies and Research (SICSR)

Pune

MBA IT

6A

12.04

7.12

-

11.59

 

114

  

International School of Business & Media

Pune

PGDM

6A

12.18

11.4

-

20.56

0.94

115

  

Xavier Institute of Social Service (XISS)

Ranchi

PGDM HRM

6B

8.9

9.36

-

21

1.05

116

  

Symbiosis Institute of Business Management- Hyderabad

Hyderabad

MBA

6B

22.56

9.1

8.2

31

0.4

117

  

Indian Institute of Forest Management (IIFM)

Bhopal

PGDFM

6B

11.8

9.68

9.2

18.5

0.82

118

  

TAPMI School of Business, Manipal University

Jaipur

MBA

6B

10.45

7.64

-

18

0.73

119

  

BML Munjal University

Gurgaon

MBA

6C

14.6

-

-

17

 

120

  

Kriloskar Institute of Management

Harihar and Pune

PGDM

6C

12.6

-

7.28

11

 

121

  

Xavier Institute of Management & Entrepreneurship (XIME)

Kochi

PGDM

6C

9.9

9

-

16.22

0.91

122

  

Symbiosis Institute of Health Services (SIHS)

Pune

MBA - HHM

6C

21.13

7.95

9

19

0.38

Top 7 MBA Institutes In India With Low Fees

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 7 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

1.92

Tata Institute of Social Sciences (TISS), Mumbai

2-4

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

6

SIMSREE, Mumbai

1.36- 1.5

Department of Management Sciences (PUMBA), Pune University

1.34

UBS Chandigarh (University Business School, Chandigarh)

1 - 1.5

Department of Financial Studies (DFS), University of Delhi

2.30

Best MBA Colleges In India - Citywise 

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. 

Top 5 B-schools In Delhi

Institute Name 

Total Fees (in lakhs)

Salary (Average Annual CTC) 

FMS, Delhi University

1.92 

34.1 LPA

IIFT, Delhi 

21-22

29.1 LPA

Department of Management Studies, IIT Delhi 

11.2 

24.45 LPA

International Management Institute, New Delhi 

20-22

17-18 LPA
FORE school of management, Delhi

18-21

15-16 LPA

Top 5 B-schools In Chennai

Institute Name 

Total Fees (in lakhs)

Salary (Average Annual CTC) 

DoMS, IIT Madras, Chennai

₹12.88 

₹18 LPA

Great Lakes Institute of Management, Chennai

₹18.81

₹17.8 LPA

LIBA, Chennai (Loyola Institute of Business Administration)

₹19.1 

₹11.21 LPA

SSN School of Management, Chennai

₹5.30-5.40 

₹5.4 LPA

Vels Institute of Science, Technology & Advanced Studies, Chennai

₹5.35

₹11 LPA 

Top 5 B-schools In Mumbai

Institute Name 

Total Fees (in lakhs)

Salary (Average Annual CTC) 

SPJIMR

₹22.50

₹33 LPA 

JBIMS

₹6-7

₹26-29 LPA 

NMIMS

₹24

₹25-26 LPA 

IIM Mumbai

₹14

₹28 LPA 

SIMSR (K J Somaiya)

₹18

₹13-14 LPA 

Top 5 B-schools In Hyderabad

Institute Name 

Total Fees (in lakhs) 

Salary (Average Annual CTC) 

IBS

17.01 

9.71 LPA 

IMT 

12

7.14 LPA 

India School of Business (ISB) 

34.43

25.06 LPA 

School of Management Studies, University of Hyderabad

63,250 Thousand

5 LPA 

Woxsen School of Business

12.57

7.5 LPA 

Top 5 B-schools In Bangalore

Institute Name 

Total Fees (in lakhs)

Salary (Average Annual CTC)

IIM Bangalore 

₹24.50 – ₹26 

₹32.5 – ₹35.9 LPA

Symbiosis Institute of Business Management (SIBM), Bangalore

₹18-20

₹10-13.5 LPA

Alliance School of Business, Alliance University, Bangalore

₹14-18

₹7-8.2 LPA

Christ University, Bangalore

₹4.8-8.6

₹7-8 LPA

Xavier Institute of Management & Entrepreneurship (XIME), Bangalore

₹10-12.9

₹7-10 LPA

Ranking Methodology Of Top MBA Colleges

The following are the parameters by which Top MBA colleges are ranked in India

MBA Admission 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:

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:

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.

Frequently Asked Questions

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.

The top 5 MBA colleges in India, based on placement, are: 

  • FMS Delhi
  • ISB Hyderabad
  • IIM Ahmedabad
  • IIM Bangalore
  • IIM Calcutta

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.

Every year, over 300,000 students take the CAT exam, while the total number of seats across all the IIMs is approximately 5,500. Even though many candidates successfully clear the CAT, the chances of gaining admission to the top B-schools in India are limited.

The top 5 best colleges for MBA in India for Marketing is IIM-A IIM-B, ISB, IIM-C, IIM-L

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.

Suggested Readings

IIM Results 2025 CAT 2025 CAT Past Year Papers How to prepare for CAT? List of IIMs CAT Online Classes CAT Prep for Non-Engineers CAT Prep For Working Professionals Free CAT Resources