MBA without a doubt is the most popular professional course among the students in India which opens the door of opportunities to them to join the leading industries globally. Candidates aspiring for taking MBA courses from the premier Management institutes of India like IIMs and others need to appear for the national level management entrance exams like CAT, XAT, MAT, SNAP and college-specific entrance exams. The urge among the students to take admission in top MBA colleges in India is totally evident from the fact that for CAT 2017 a total of 2, 31,000 registrations were received.
The National Institutional Ranking Framework (NIRF) established in the year 2015 is responsible for ranking the institutes from all over the country after analyzing the various factors. Every year since its establishment, NIRF release a list of colleges and their overall ranking in a particular stream or segment. Even in the year 2018, NIRF releases the list of top colleges for studying MBA in India and IIMs even this year acquired some of the top positions.
Here is a list of top 10 MBA colleges of India in 2018:
Following the trends of 2017, there is no change in the first 4th position of the list and IIMs still holding the positions without any difference.
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Indian Institute of Management, Ahmedabad
IIM Ahmedabad was established in the year 1961 to cater the needs industries with professional managers which can lead the industry and represent the country globally. IIMA has been ranked as one of the premier management institute in the nation by various national agencies for several years. The programmes run by IIMA are also ranked to the best categories in international rankings. The institute became the first management school in India to be awarded European Quality Improvement System (EQUIS).
Academic Programmes Offered and Fees of IIM Ahmedabad:
Programme
Duration
Course Fee
Armed Forces Programme (AFP)
6 Months
As per the institute notification
ePost Graduate Programme (ePGP)
2 Years
17 Lakh
Fellow Programme in Management (FPM)
4 Year
As per the institute notification
Faculty Development Programme (FDP)
4 Months
2.06 Lakh
Post Graduate Programme in Management (PGP)
2 Years
21 Lakh
Post Graduate Programme in Food and Agri-business Management (PGP-FABM)
2 Years
20.25 Lakh
Post Graduate Programme in Management for Executives (PGPX)
1 Year
24.5 Lakh
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Indian Institute of Management, Bangalore
IIM Bangalore was set up as per IIM Act of 2017 at the IT hub of the country Bangalore and officially announced as the Institute of National Importance. The institute ranked 2nd in the list of top MBA colleges of India for the year 2018 as per NIRF ranking. The institute to improve the quality of education is continuously adding new programmes to its curriculum and at present, the institute has more than 1200 students enrolled under various degree and diploma courses.
Academic Programmes Offered and Fees of IIM Bangalore:
Programme
Duration
Course Fee
Executive Post Graduate Programme in Management (EPGP)
1 Year
26.38 Lakh
Fellow Programme in Management (FPM)
5 Year
As per the Institute latest notification
Post Graduate Programme in Enterprise & Management (PGPEM)
2 Years (Weekend)
14.50 Lakh
Post Graduate Programme in Management (PGP)
2 Years
18.7 Lakh
Post Graduate Programme in Public Policy & Management (PGPPM)
1 Year
11.6 Lakh
NSR Pre-doc
1 Year
As per the Institute latest notification
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Indian Institute of Management, Calcutta
IIM Calcutta is the first national institute established for Postgraduate Studies and Research in the field of Management by the Government of India in the year 1961. It was the collaborative effort with Alfred P. Sloan School of Management (MIT) regulate by the Government of West Bengal. The Institute ranked 3rd position in the NIRF ranking for the best MBA College in the year 2018. IIM Calcutta also ranks Third in Asia in Financial Times survey for 2018.
Academic Programmes Offered and Fees of IIM Calcutta:
Programme
Duration
Course Fee
Post Graduate Program In Management For Executives [PGPX]
1 Year
22 Lakh
Post Graduate Diploma In Accounting And Finance
1 Year
As per the Institute latest notification
Post Graduate Diploma In Management [PGDM]
2 Year
10 Lakh
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Indian Institute of Management, Lucknow
IIM Lucknow being the 4th institution as part of IIMs extension in the country established after IIM Calcutta, IIM Ahmedabad and IIM Bangalore and was established in the year 1984. The institute like other IIMs of the country is declared as the ‘Institute of National Importance” and is one of the premier institutes in management education. The NIRF allotted IIM Lucknow 4th rank in the list of best MBA College of India 2018. In the year 2005, IIM Lucknow became the 1st IIM to expand its area of influence in the field of management studies and set up a satellite campus at Noida (Delhi NCR region) exclusively for Executive Education.
Academic Programmes Offered and Fees of IIM Lucknow:
Programme
Duration
Course Fee
Post Graduate Program in Management
2 Years
11.76 Lakh
Post Graduate Program in Agribusiness Management
2 Years
11.76 Lakh
Executive Fellow Programme in Management
4 Years (part-time)
5.50 Lakh
Certificate in Business Analytics for Executives (CPBAE)
1 Year (part-time)
5.33 Lakh
General Management Program for Defence Officer
24 Weeks (full time)
As per the Institute latest notification
General Management Program for Executives
1 Year (part-time)
4.72 Lakh
Fellow Program in Management
4 Years
As per the Institute latest notification
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Shailesh J. Mehta School of Management
Leaving many IIMs back, Shailesh J. Mehta School of Management made its way to the 5th position in the NIRF ranking of 2018 top MBA colleges of India. IIT Bombay to keep the pace with the current global education trends and industries requirements established a management school in the year 1995. Later in the year 2000, the B-school was renamed to Shailesh J. Mehta School of Management to honour Dr Shailesh J. Mehta who was a generous contributor of the funds to the school and alumnus of IIT Bombay.
Academic Programmes Offered and Fees of Shailesh J. Mehta School of Management:
Programme
Duration
Course Fee
Master in Management Studies [MMS]
2 Years
8.30 Lakh
Executive MBA
18 Months
36.00 Lakh
Executive Program in Management
1 Year (part time)
1.86 Lakh
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Indian Institute of Management, Kozhikode
IIM Kozhikode was the fifth addition in the family of IIMs established in the beautiful state of Kerala in the year 1997 as result of productive collaboration between Govt. of India and state Govt. of Kerala. The institute made its position to 6th in the list of NIRF ranking in the above-mentioned category. IIM Kozhikode is actively involved in International collaborations and student exchange programmes with renowned global Management Institutes in countries like SDA, Sweden, Copenhagen Business School, Bacconi, Denmark, ESCAP-EAP, Jonkoping, France University of Queensland, Austria and Victoria University of Wellington. It also joined hands with top B-schools of India like IIFT Delhi to conduct faculty development programmes.
Academic Programmes Offered and Fees of IIM Kozhikode:
Programme
Duration
Course Fee
Post Graduate Programme in Management
2 Years
17.5 Lakhs
Executive Post Graduate Certificate in Strategic Management
1 Year (distant)
2.20 Lakhs
Executive Post Graduate Certificate in Marketing Management
1 Year (distant)
2.20 Lakhs
Executive Post Graduate Certificate in Information Technology Management and Analytics
1 Year (distant)
2.20 Lakhs
Executive Post Graduate Programme
2 Year
10.0 Lakh
Executive Post Graduate Certificate in Operations Management
1 Year (distant)
2.20 Lakhs
Executive Post Graduate Certificate in Financial Management
1 Year (distant)
2.20 Lakhs
Executive Post Graduate Certificate in Human Resource Management
1 Year (distant)
2.20 Lakhs
Fellow Programme in Management
4 Year
As per the Institute latest notification
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Indian Institute of Technology, Kharagpur
IIT Kharagpur is the second IIT to make to the list of top management colleges for India after the management school of IIT Bombay. Vinod Gupta School of Management (VGSoM) established in the year 1993 was the first school of management to be set up within the IIT system. The B-school was formed with the vision to create professional managers having a strong technical background and can lead the corporate sector on the global map. In the year 2000 VGSoM collaborated with the Royal Danish Embassy of Dhaka for providing Management Development programmes to the budding managers of Bangladesh.
Academic Programmes Offered and Fees of IIT Kharagpur:
Programme
Duration
Course Fee
Master of Business Administration [MBA] (Finance)
2 Years
6 Lakh
Master of Business Administration [MBA] (Business Ethics)
2 Years
6 Lakh
Master of Business Administration [MBA] (Human Resource Management)
2 Years
6 Lakh
Master of Business Administration [MBA] (Information Systems)
2 Years
6 Lakh
Master of Business Administration [MBA] (Production and Operations Management Systems)
2 Years
6 Lakh
Master of Business Administration [MBA] (Strategic Management)
2 Years
6 Lakh
Master of Business Administration [MBA] (Marketing Management)
2 Years
6 Lakh
Master of Business Administration [MBA] (Business Communication)
2 Years
6 Lakh
Master of Business Administration [MBA] (Organizational Behavior)
2 Years
6 Lakh
Executive MBA
3 Years
6 Lakh
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Department of Management Studies- Indian Institute of Technology, Delhi
The 8th college in the NIRF list of top MBA colleges of India for the year 2018 is Department of Management Studies- IIT Delhi. DMS was the year 1997 to contribute to the economic development of the country and in no time it was one of the top ranking management institute of the country. The college is approved by All India Council for Technical Education [AICTE], accredited by National Board of Accreditation [NBA] and also recognized by University Grant Commission [UGC]. The DMS (IIT Delhi) currently conducts a two-year full-time MBA programme which focuses on Telecommunication Systems Management along with a three year part-time MBA programme which focuses on Technology Management. The programs were specifically designed keeping changes in the business environment and the need of the industry in focus.
Academic Programmes Offered and Fees of DMS (IIT Delhi):
Programme
Duration
Course Fee
Master of Business Administration
2 Year
4 Lakh
Executive MBA in Technology Management
3 Year (Distance)
4 Lakh
Executive MBA
3 Year
9 Lakh
MBA in Telecommunication Systems Management
2 Year
8 Lakh
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Indian Institute of Technology, Roorkee
The Department of Management Studies at IIT Roorkee offers a 4-semester full-time MBA course at present and ranked 9th by NIRF ranking in the category of 2018 top MBA colleges. The candidates aspiring to take admission in the particular course need to qualify CAT examination which is a national level entrance examination for admission in MBA courses at the premier institute of India. The department was set up in 1998 at IIT Roorkee to meet the needs of professional managers having sound technical knowledge in the leading corporate houses.
Academic Programmes Offered and Fees of IIT Roorkee:
Programme
Duration
Course Fee
Master of Business Administration
2 Year (Full time)
6.23 Lakh
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XLRI - Xavier School of Management
The final college which made into our list and ranked 10th position in 2018 NIRF ranking of top MBA colleges is XLRI Jamshedpur. The college was established in the year 1949 and one of the oldest management colleges in the country. It was set up by members of the Society of Jesus (called as Jesuits). To take admission in MBA courses at XLRI and other it's other constituent colleges, the candidate needs to appear for Xavier Aptitude Test (XAT).
Academic Programmes Offered and Fees of XLRI Jamshedpur:
Programme
Duration
Course Fee
Post Graduate Diploma in Human Resource Management
2 Years
23 Lakh
Post Graduate Diploma in General Management
15 Months
20 Lakh
Post Graduate Diploma in Business Management
2 Years
23 Lakh
Post Graduate Diploma in Management (Global BM)
2 Years
26 Lakh
Executive Diploma in HRM (Corporate Program)
16 Months
4 Lakh
Post Graduate Diploma in Business Management
3 Years (part time)
11 Lakh
Master's Program in Positive Organization Development and Change
15 Months
35 Thousand