Top 30 MBA Colleges in India other than IIMs and XLRI

Introduction

Choosing the right MBA college in India is no longer only about brand name. Students today also focus on ROI (Return on Investment), placement packages, industry exposure, specialization, alumni network, and cutoffs. While IIMs and XLRI dominate most rankings, several other institutions have built exceptional reputations and offer world-class MBA education.

This blog highlights the Top 30 MBA colleges in India in addition to IIMs and XLRI, along with their approximate fees, average salary packages, entrance exams accepted, and expected cutoffs. The analysis will help MBA aspirants compare colleges strategically according to budget, career goals, and exam scores.

Top 30 MBA Colleges in India (Other Than IIMs & XLRI)

 

Rank	College	Entrance Exam	Approx Cutoff	Fees (Approx)	Avg Package
1	FMS Delhi	CAT	98-99%ile	Rs 2.3 Lakh	Rs 34 LPA
2	ISB Hyderabad	GMAT/GRE/CAT	98+	Rs 35-42 Lakh	Rs 34 LPA
3	SPJIMR Mumbai	CAT/GMAT	85-95%ile	Rs 22-24 Lakh	Rs 32 LPA
4	MDI Gurgaon	CAT	95-97%ile	Rs 25 Lakh	Rs 25-26 LPA
5	IIFT Delhi	CAT	97-98%ile	Rs 22 Lakh	Rs 27 LPA
6	IIT Bombay (SJMSOM)	CAT	90-95%ile	Rs 14-15 Lakh	Rs 28 LPA
7	IIT Delhi (DMS)	CAT	90+	Rs 12 Lakh	Rs 25 LPA
8	TISS Mumbai	CAT	98+	Rs 2 Lakh	Rs 28 LPA
9	JBIMS Mumbai	CAT/MAH-CET	99.9 CET	Rs 6 Lakh	Rs 26 LPA
10	NMIMS Mumbai	NMAT	230+	Rs 24-25 Lakh	Rs 25 LPA
11	SIBM Pune	SNAP	97+	Rs 22 Lakh	Rs 26 LPA
12	SCMHRD Pune	SNAP	95+	Rs 24 Lakh	Rs 23 LPA
13	XIM Bhubaneswar	CAT/XAT	90+	Rs 22-24 Lakh	Rs 19-20 LPA
14	IMT Ghaziabad	CAT/XAT	90+	Rs 21 Lakh	Rs 17 LPA
15	IMI Delhi	CAT/XAT	90+	Rs 20 Lakh	Rs 17 LPA
16	TAPMI Manipal	CAT/XAT	85+	Rs 17 Lakh	Rs 15 LPA
17	Great Lakes Chennai	CAT/XAT/GMAT	85+	Rs 15 Lakh	Rs 15-17 LPA
18	GIM Goa	CAT/XAT	85+	Rs 18 Lakh	Rs 15 LPA
19	KJ Somaiya Mumbai	CAT/XAT/NMAT	80+	Rs 22 Lakh	Rs 12 LPA
20	FORE School Delhi	CAT/XAT	85+	Rs 18 Lakh	Rs 15 LPA
21	UBS Chandigarh	CAT	85+	Rs 1-2 Lakh	Rs 12-13 LPA
22	BIMTECH Greater Noida	CAT/XAT	75+	Rs 14 Lakh	Rs 10-11 LPA
23	IIT Kharagpur (VGSoM)	CAT	90+	Rs 13 Lakh	Rs 22 LPA
24	IIT Madras (DoMS)	CAT	90+	Rs 12 Lakh	Rs 17 LPA
25	IIT Roorkee (DoMS)	CAT	85+	Rs 11 Lakh	Rs 18 LPA
26	IRMA Anand	CAT/XAT	80+	Rs 14 Lakh	Rs 14-15 LPA
27	BITSOM Mumbai	CAT/GMAT	90+	Rs 28 Lakh	Rs 23 LPA
28	MICA	CAT/XAT/MICAT	85+	Rs 20 Lakhs	Rs 28 LPA
29	BIM Trichy	CAT/XAT	85+	14 Lakh	11 LPA
30	Welingkar Mumbai	CAT/XAT/CMAT	80+	Rs 14-16 Lakh	Rs 11-12 LPA

Cutoffs and Salary figures are approximate and may vary yearly .

Analytical Comparison of Top MBA Colleges

Best ROI Colleges

FMS Delhi

• Extremely low fees
• One of the highest placement packages in India
• Best ROI among all MBA colleges

TISS Mumbai

• Affordable fees
• Excellent HR specialization
• Strong corporate reputation

JBIMS Mumbai

• Known as CEO Factory
• Excellent finance placements
• Low fees compared to private B-schools

These institutes prove that higher fees do not always guarantee better returns. 

Best MBA Colleges by Specialization

Finance:

JBIMS Mumbai, FMS Delhi, IIFT Delhi

Marketing:

SPJIMR Mumbai, MDI Gurgaon, SIBM Pune

HR:

 TISS Mumbai, SCMHRD Pune

Operations & Analytics:

IIT Bombay, IIT Delhi, Great Lakes Chennai

MBA Entrance Exams Accepted by Top Colleges

 

 

CAT remains the most accepted and competitive MBA entrance exam in India. Students aiming for multiple colleges should ideally prepare for CAT first because its syllabus overlaps with most other MBA exams.

MBA Colleges with Best Return on Investment (ROI)

 

 

 

Which MBA College Should You Target?

If Your CAT Percentile is:

98-99+

FMS Delhi, ISB Hyderabad, SJMSOM- Mumbai, IIT Delhi ,

95-97

MDI Gurgaon, SPJIMR Mumbai, TISS, IIFT Delhi

 

 90-95 

          BIM Trichy , MICA , VG-SOM – IIT Kharagpur , IIT-Delhi, IIT Kanpur, IMT Ghaziabad , BITSOM, IISc , XIM Bhubneshwar

 

85-90

 

         Great Lakes , BIM Trichy , TAPMI , UBS Chandigarh , DSE , NIBM , MBA-HRD/MHROD

Key Factors to Consider Before Choosing an MBA College

Before selecting any MBA college, students should evaluate:

• Placement consistency
• Alumni network
• Industry exposure
• Internship opportunities
• Location advantage
• ROI
• Batch size
• Faculty quality
• International exposure

A college with moderate rankings but excellent ROI may be a better choice than a highly expensive institution with average placements.

 

Final words

India’s MBA ecosystem is much larger than just IIMs and XLRI. Institutions like FMS Delhi, SPJIMR, MDI Gurgaon, ISB Hyderabad, IIT Bombay, and TISS Mumbai have consistently delivered exceptional placements and industry exposure.

 

 

Visit us at:

Career Launcher, Jamshedpur

2nd Floor, UTI Mutual Fund Building, Near Ram Mandir, Near Hotel Ginger, Bistupur

Call: 9693202574 / 9102999745/ 9102990084

Email: jam.cl@careerlauncher.com