Top 20 MBA colleges in India and criteria for admission
If you are planning to take admission in MBA degree program, then there are lots of options available in the market to choose from. But when we think about top MBA universities/colleges in India, then the first name that came in our mind is IIMs (Indian Institutes of Management). Because it is one of the reputed institutes for offering admission in MBA, along with that it also has a good Brand name all over India.
As lots of options available in the market for MBA degree admission, this will overwhelm and confuse you. But we are here to inform you and help you find out the best MBA College for making the best decision for your career.
Highlights of Top MBA Colleges in India
Look at key features of top 20 MBA Colleges in India. This quick overview will help applicants to get the better and select the best.
| Parameters | Particulars/ Statistics |
| No. of MBA Colleges in India | 5,000 (Approximately) |
| Fees | -Annual fee < Rs 10 lakh: 6%
– Annual fee >Rs 10 lakh: 94% |
| Top Specializations offered | General Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism |
| Admission Process | CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP |
MBA Colleges in India Eligibility Criteria
The eligibility criterion for pursing an MBA course is graduation or equivalent from a perceived college. Though, the minimum score necessity might shift for specialty specializations. Given underneath are the fundamental qualification criteria for MBA degree.
- Firstly, you must have qualified in the Bachelor degree in any discipline or equivalent from a recognized university
- Secondly, A large number of the organizations follow the minimum score criteria in graduation according to the AICTE for example 50% total or same and five percent relaxation to understudies belonging to reserved categories.
- Lastly, Professional degree holders such as MBBS/CA/CS/ICWAI, etc. are also eligible to pursue MBA.
List of Top 20 MBA Colleges in India
Given beneath the list of the top 10 Private MBA Colleges in India along with the fee structure:-
| Top 10 Private MBA Colleges | Course Fee (in INR) |
| XLRI Xavier School of Management, Jamshedpur | 23.60 L |
| MDI Gurgaon | 21.34 L |
| NITIE, Mumbai | 11.33 L |
| SPJIMR, Mumbai | 17.87 L |
| Symbiosis Institute of Business Management, Pune | 10.20 L |
| SVKM’s Narsee Monjee Institute of Management Studies | 10.42 L |
| Great Lakes Institute of Management, Chennai | 11.81 L |
| Indian Institute of Foreign Trade, Delhi | 8.85 L |
| International Management Institute, Delhi | 18.34 L |
| ICFAI Business School, Hyderabad | 14.14 L |
Given beneath the list of the top 10 Government MBA Colleges in India along with the fee structure:-
| Top 10 Government MBA Colleges | Course Fee (in INR) |
| IIM Ahmedabad | 23.00 L |
| IIM Bangalore | 18.70 L |
| IIM Calcutta | 10.10 L |
| IIM Kozhikode | 20.50 L |
| IIT Delhi-DoMS | 8.80 L |
| IIM Indore | 17.06 L |
| IIM Lucknow | 5.69 L |
| IIT Kharagpur-VGSOM | 9.26 L |
| IIT Bombay-SJMSOM | 8.67 L |
| IIT Madras-DoMS | 8.00 L |
The most popular MBA specializations
Given beneath the list of MBA specializations offered in India:-
- MBA in Marketing Management
- MBA in Finance
- MBA in Human Resource Management
- MBA in Rural Management
- MBA in Business Management
- MBA in Operations Management
- MBA in Event Management
- MBA in Information Technology
- MBA in Logistics Management
- MBA in Healthcare Management
MBA Entrance Exam for admission
Given below the categorized MBA Entrance Exams for admission in top colleges in India:-
- National level MBA Entrance Exam
- Institute level MBA Entrance Exam
- State-level MBA Entrance Exam
MBA Entrance Exams Accepted by Top MBA Colleges for admission in India
The top MBA colleges in India conduct admission and select aspirants rigorously based on entrance test scores. Applicants, who wish to seek after a MBA/PGDM course from Tier 1 and Tier 2 B-School, should show up for one of the public level MBA selection tests. A portion of the top national-level MBA entrance tests are – CAT, XAT, GMAT, CMAT, MAT, NMAT and ATMA.
Top Colleges Accepting MBA Exam for admission:
| MBA Entrance Exams | Top Institutes Accepting Exam Score |
| CAT | 20 IIMs, FMS, MDI, SPJIMR, IITs, IMI, IMT, TAPMI, K J Somaiya + 500 Others |
| XAT | XLRI, IMT, XIMB, XIME, GIM, Great Lakes, TAPMI, FORE, LIBA + 140 Others |
| SNAP | SIBM Pune, SCMHRD, + 13 Other top Symbiosis Institutes |
| NMAT by GMAC | NMIMS Mumbai + 20 other MBA colleges & Universities |
| IIFT | 3 Campuses of IIFT at Delhi, Kolkata, and Kakinada |
| CMAT | K J Somaiya, Great Lakes, BIMTECH, GIM, VIT, and all the Institutes and Universities offering AICTE approved MBA/PGDM programs |
| IBSAT | IBS Hyderabad & all the other 8 campuses of ICFAI B-Schools |
| MAT | 300 MBA/PGDM colleges across India |
| ATMA | More than 200 MBA/PGDM colleges in India |
| TISSNET | Tata Institute of Social Sciences, Mumbai and all its campuses |
| IRMASAT | IRMA Anand |
| MICAT | MICA Ahmedabad |
| KIITEE Management | KIIT School of Management; KIIT School of Rural Management |
MBA Entrance Exams Application Form fee:
| MBA Entrance Exams | Entrance Exam Fee (General category) |
| CAT | Rs.2200/- |
| XAT | Rs.1800/- |
| IIFT | Rs.2500/- |
| NMAT by GMAC | Rs.2300/- |
| SNAP | Rs.1950/- |
| CMAT | Rs.2000/- |
| MAH CET | Rs.1000/- |
| MAT | Rs.1650/- |
| IBSAT | Rs.1800/- |
| TISSNET | Rs.1030/- |
| MICAT | Rs.1985/- |
| MAHCET 2022 | Rs.1000/- |
| TANCET 2022 | Rs. 800/- |
| TSICET 2022 | Rs.650/- |
| KIITEE Management | Rs.1250/- |
FAQs
Ques. Which are the top MBA institutes in India?
Ans. There are several top MBA Institutes in India are IIM Bangalore, IIM Ahmedabad, IIM Calcutta, ISB, SPJIMR, FMS Delhi, and some more.
Ques. What amount does MBA degree in India cost?
Ans. The Average Tuition expense for the top MBA universities in India is approx. INR 10,68,413/-.
Ques. Would it be advisable for me to get a MBA degree?
Ans. Indeed, In any case, a MBA is just worth the work, time, and costs you put into it. Here is an article to assist you to understand if an MBA is worth the effort.
Ques. Does top MBA business schools in India accept GMAT Scores?
Ans. Indeed, The majority of top MBA business schools in India accept the GMAT scores. IIMs also accept GMAT entrance exam scores for MBA admission into their 1-year full-time executive programs. In any case, for their two-year program, an Indian applicant is expected to submit CAT entrance exam Score.
Ques. What are the various sorts of MBA degree programs offered in India?
Ans. There are six sorts of degree programs offered in India:-
- One-year MBA
- Two-Year MBA
- Executive MBA
- Deferred MBA
- Part-Time MBA
- Online MBA
