Top MBA/PGDM Colleges in India 2024 Fees, Placements, Courses, Ranking

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Master of Business Administration or MBA is a highly regarded postgraduate degree. Generally, the duration of an MBA program is 2 years but many business schools also offer a single-year degree program. A candidate holding an MBA degree is well-equipped to excel and reach new heights in the corporate world. An MBA program offers specialization in several business areas and it also helps them in building their base in those areas. There are a total of 3978 recognizable MBA colleges in India and these MBA colleges are spread across the country. Some of these MBA colleges are privately owned while the others are public colleges. The top MBA colleges in India are Indian Institute of Management (IIM) Bangalore, Indian Institute of Management (IIM) Ahmedabad, Indian Institute of Management (IIM) Kolkata, Indian Institute of Technology Delhi, FMS Delhi etc. If a candidate wishes to get admission to these colleges, a good score in entrance exams such as CAT, XAT, GMAT etc. is necessary. After clearing their exams, the candidates are also required to clear their GD/PI rounds. The top MBA colleges in India are known for their academic excellence, one of the best placement opportunities, highly experienced faculty, world-class facilities etc. The top recruiters coming to these colleges for campus placements are Amazon, Accenture, Paytm, Mckinsey, Deloitte etc. The average package provided by these colleges ranges between 7 to 15 LPA.

CAT 2024 is scheduled to take place on 24th November 2024.
IIM Ahmedabad achieved the record for the highest placement package ( 1.15 crore per annum INR)
The college which charges the lowest tuition fees is Dayalbagh Educational Institute (10,060 INR)
The fees of top MBA colleges in India range from 50000 to 3120,000 INR.

Eligibility Criteria Of Top Engineering Colleges In Bangalore

The MBA eligibility criteria is different for almost every college. The general eligibility criteria have been listed below for the candidates:

Candidates must have graduated from a recognized college/university.
Candidates must have cleared the entrance exams such as CAT, XAT, GMAT etc. with good grades.
Reserved categories like OBC, SC/ST etc. are given a relaxation of 5%.

The following table provides the aspiring candidates with an overall view of admission criteria and also tells them about the eligibility, Cut-offs and exams accepted by the op MBA colleges.

College Name	Exams Accepted	Cut-off	Eligibility Criteria
IIM Ahmedabad	CAT	99	Graduation with 50% aggregate
IIM Bangalore	CAT	99	Graduation with 50% aggregate (45 % for SC/ST students)
IIM Rohtak	CAT, IPM Aptitude Test	95	Class 12 with 60% aggregate
XLRI Jamshedpur	XAT & GMAT	96	Graduation with a minimum aggregate of 50%
DMS IIT Delhi	CAT	98.04	Graduation with 60% aggregate
IIM Kozhikode	CAT & EMAT	97	Graduation with 50% aggregate
MDI Gurgaon	CAT, XAT, MAT, and GMAT	93-95	Graduation with 50% aggregate
Lovely Professional University	LPU NEST, MAT, XAT, CAT, etc.	95	Class 12 with 60% and graduation with 55% aggregate
Amity University	MAT, XAT, CAT, NMAT, etc.	85	Class 12 with 70% and graduation with 60% aggregate
IIFT Delhi	CAT, GMAT & IPMAT	GMAT: 650	Bachelor's degree with an aggregate of 50%

Highlights Of Top MBA Colleges in India

MBA or Master of Business Administration is one of the most highly demanded courses in the country. Some of the best MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta etc. The duration of a regular MBA program is 2 years and it has a total of 4 semesters. A student from any background can pursue an MBA degree. Students can refer to the table below which provides a summary of the top MBA colleges in India.

Parameters	Particulars/Statistics
No. of MBA Colleges	100+
Top MBA Colleges	IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, etc.
Top Distance MBA Colleges	XLRI Xavier School of Management, SRM Institute of Science and Technology, IGNOU, etc.
Annual Fees	INR < 1 lakh: 7 Colleges INR 1-2 lakh: 5 Colleges INR 2-3 lakh: 6 Colleges INR 3-5 lakh: 8 Colleges INR > 5 lakh: 76 Colleges
Top Specialisations	Sales and Marketing, Finance, Human Resources, Operations, IT and Systems, etc.
Accepted Entrance Exams	CAT, XAT, CMAT, MAT, etc.
No. of IIMs in India	21

Top 10 MBA Colleges in India

IIM Ahmedabad, IIM Bangalore and IIM Calcutta are ranked among the top 10 engineering colleges in India. To get an overview of these top engineering institutions, students can check the table provided below which discusses in detail about the total number of seats they offer, the CAT Cutoff of the previous year and the Total Course Fees charged by them.

Top 10 MBA Colleges in India	Total Seats	CAT 2023 Cutoff	Total Course Fees(INR)
IIM Ahmedabad	385	99	INR 25 lakh
IIM Bangalore	565	99	INR 24.5 lakh
IIM Calcutta	462	99	INR 27 lakh
DMS IIT Delhi	91	98	INR 11.2 lakh
IIM Kozhikode	525	97	INR 12 lakh
IIM Lucknow	490	90	INR 14.3 lakh
IIM Indore	450+150	90	INR 21.17 lakh
XLRI Jamshedpur	1310	92	INR 24.20 lakh
IIM(NITIE) Mumbai	550	97	INR 21 lakh
IIT Madras	68	85	INR 8.92 lakh

NIRF Rankings Of Top MBA Colleges in India

NIRF releases its rankings every year and the colleges are ranked out of 100. There are certain parameters on which these colleges are ranked such as graduation outcomes, outreach, academic performance, teaching, faculty etc. According to the NIRF Rankings 2023, IIM Ahmedabad is the highest-ranked MBA college in India and it has retained its 1st position since the last three years. IIM Ahmedabad is followed by IIM Bangalore, IIM Kozhikode and other IIMs in the NIRF Rankings. The table below presents the NIRF Rankings of the top MBA colleges in India from the past three years starting from 2021 to 2023.

College Name	NIRF 2021	NIRF 2022	NIRF 2023
Indian Institute of Management, (IIM) Ahmedabad	1	1	1
Indian Institute of Management, (IIM) Bangalore	2	2	2
Indian Institute of Management, (IIM) Kozhikode	4	5	3
Indian Institute of Management, (IIM) Calcutta	3	3	4
Indian Institute of Technology, (IIT) Delhi	5	4	5
Indian Institute of Management, (IIM) Lucknow	7	6	6
IIM Mumbai	12	9	7
Indian Institute of Management, (IIM) Indore	6	7	8
XLRI-Xavier School of Management	12	12	9
Indian Institute of Technology Bombay	10	11	10

Tier-1 MBA Colleges in India

There are over 3000 MBA colleges in India. These colleges are categorized into different tiers such as tier 1, tier 2, and tier 3 on the grounds of their academic excellence, faculty etc. The table discusses about the colleges that are there in tier 1 along with their fees and exams accepted.

College Name	Average Fees	Admission Criteria
IIM Ahmedabad	INR 25,00,000 (Total)	CAT/GMAT/GRE
IIM Bangalore	INR 24,50,000 (Total)	CAT/GMAT
IIM Calcutta	INR 27,00,000 (Total)	CAT/GMAT
IIM Kozhikode	INR 20,50,000 (Total)	CAT/GMAT/GRE
XLRI Xavier School of Management	INR 14,30,000	XAT/GMAT
FMS Delhi	INR 1,00,000	CAT
SP Jain Mumbai	INR 24,00,000 (Total)	CAT
IIM Lucknow	INR 10,95,000	CAT/GMAT
IIT Indore	INR 9,04,711	CAT
JBIMS Mumbai	INR 3,50,000	CAT

Top Government MBA Colleges in India

The top government MBA colleges in India are IIM Ahmedabad, IIM Bangalore and IIT Delhi. The tuition fees of public engineering colleges are considerably low. The top government MBA colleges are well-known for their better placement opportunities. The table presented below shows the course fees and exam accepted by these top MBA colleges.

College Name	Total Course Fees	Admission Criteria
IIM Ahmedabad	INR 25 lakh	Entrance Exam: CAT Graduation with 50% aggregate
IIM Bangalore	INR 25 lakh	Entrance Exam: CAT Graduation with 50% aggregate (45 % for SC/ST students)
IIT Delhi	INR 11.2 lakh	Entrance Exam: CAT Graduation with 60% aggregate
IIM Kozhikode	INR 12 lakh	Entrance Exam: CAT, EMAT Graduation with 50% aggregate
IIM Lucknow	INR 14.3 lakh	Entrance Exam: CAT Graduation with 50% aggregate
IIM Raipur	INR 18 lakh	Entrance Exam: CAT Graduation with 50% aggregate
IIM Rohtak	INR 17.9 lakh	Entrance Exams: CAT, IPM Aptitude Test Class 12 with 60% aggregate
FMS Delhi	INR 2,00,000	Entrance Exam: CAT Graduation with 50% aggregate
Banaras Hindu University	INR 70,000	Entrance Exam: CAT Graduation with 50% aggregate
SJMSOM, IIT Bombay	INR 14.27 lakh	Entrance Exam: CAT Graduation with 60% aggregate

Top Private MBA Colleges in India

The top private MBA colleges in India are XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, IIFT Delhi, IMT Ghaziabad etc. The tuition fees charged by these colleges is slightly more but they offer world-class infrastructure, better placement opportunities and many other facilities to their students. Students can get admission to these top colleges by clearing the government exams such as XAT, GMAT, CAT, MAT etc. The total course fee of these colleges ranges between 8 to 33.77 lakh. The table presented below shows the course fees and exam accepted by these top private MBA colleges.

College Name	Total Course Fees	Admission Criteria
XLRI Jamshedpur	INR 24.2 lakh	Entrance Exams: XAT, GMAT Graduation with a minimum aggregate of 50%
SPJIMR Mumbai	INR 24 lakh	Entrance Exam: CAT Graduation with 50% aggregate
MDI Gurgaon	INR 25 lakh	Entrance Exams: CAT, XAT, MAT, GMAT Graduation with 50% aggregate
SIBM Pune	INR 26.8 lakh	Entrance Exam: SNAP Bachelor's degree with an aggregate of 50%
IIFT Delhi	INR 33.77 lakh	Entrance Exam: CAT & IPMAT Bachelor's degree with an aggregate of 50%
SBM NMIMS Mumbai	INR 24.9 lakh	Entrance Exam: NMAT Graduation with 55% aggregate
Amity University, Noida	INR 15.56 lakh	Entrance Exams: MAT, XAT, CAT, NMAT, etc. Class 12 with 70% and graduation with 60% aggregate
IMT Ghaziabad	INR 21.53 lakh	Entrance Exams CAT, XAT, and GMAT Bachelor's degree with a 50% aggregate
Lovely Professional University	INR 8 lakh	Entrance Exams: LPU NEST, MAT, XAT, CAT, etc. Class 12 with 60% and graduation with 55% aggregate
KJ Somaiya Institute of Management	INR 17.27 lakh	Entrance Exams: CAT, XAT, CMAT, GMAT, & NMAT Bachelor's degree with a 50% aggregate

ROI of Top MBA Colleges in India

ROI is one of the most crucial factors for a student before choosing a college. IIM Ahmedabad provides the highest average package of 32 lacs. The total fees of these colleges range between 11 to 29 lacs. Students can check the following table which shows the total tuition fee, average annual package of each and every college.

College Name	Total Tuition Fee	Annual Average Package
IIM Ahmedabad MBA	INR 25 lakh	INR 32 LPA
IIM Bangalore MBA	INR 25 lakh	INR 32 LPA
IIT Delhi MBA	INR 11 lakh	INR 24 LPA
IIM Kozhikode MBA	INR 21 lakh	INR 27 LPA
IIM Lucknow MBA	INR 13 lakh	INR 30 LPA
XLRI MBA	INR 29 lakh	INR 30 LPA

Highest Placement Offered by Top MBA Colleges in India

The highest placement was offered by IIM Ahmedabad which was of INR 32 LPA, followed by IIM Bangalore and IIM Kozhikode. The top recruiters that come to these colleges for the campus placements are Boston Consultancy, TCS, Axis Bank, Larson and Toubro, Amazon, Accenture etc. The table shown below consists of placement packages offered by the top MBA colleges in India along with the top recruiters.

College Name	Placement Package	Top Recruiters
IIM Ahmedabad MBA Placements	INR 32 LPA	Boston Consultancy, TCS, Axis Bank, Larson and Toubro, Amazon, Sunsilk, etc.
IIM Bangalore MBA Placements	INR 32 LPA	Accenture, Amazon, Paytm, Microsoft, Vedanta, Mckinsey, Nielsen Bangalore, etc.
IIT Delhi MBA Placements	INR 24 LPA	RB, Synergy Consulting, Wipro, ICICI Bank etc..
IIM Kozhikode MBA Placements	INR 27 LPA	Microsoft, TCS, HCL, Accenture, Amazon, Deloitte, Capgemini, Cognizant, etc.

Top MBA/PGDM Colleges in India 2024 Fees, Placements, Courses, Ranking

Eligibility Criteria Of Top Engineering Colleges In Bangalore

Highlights Of Top MBA Colleges in India

Top 10 MBA Colleges in India

NIRF Rankings Of Top MBA Colleges in India

Tier-1 MBA Colleges in India

Top Government MBA Colleges in India

Top Private MBA Colleges in India

ROI of Top MBA Colleges in India

Highest Placement Offered by Top MBA Colleges in India

Indian Institute of Management (IIMB), Bangalore, Karnataka

MBA / PGDM

26,50,000

100 LPA

Indian Institute of Management (IIMA), Ahmedabad, Gujarat

MBA / PGDM

25,00,000

100.15 LPA

Indian Institute of Management (IIMC), Kolkata, West Bengal

MBA / PGDM

25,00,000

45 LPA

Indian Institute of Technology, Delhi, Delhi NCR

MBA / PGDM

11,69,700

50 LPA

Indian Institute of Foreign Trade (IIFT), Delhi, Delhi NCR

MBA / PGDM

21,77,314

82 LPA

FMS Delhi - Faculty of Management Studies, Delhi, Delhi NCR

MBA / PGDM

2,00,000

54.3 LPA

XLRI Jamshedpur, Jamshedpur, Jharkhand

MBA / PGDM

24,20,000

53.53 LPA

Indian Institute of Management (IIMK), Kozhikode, Kerala

MBA / PGDM

20,50,000

25 LPA

IIM Mumbai (NITIE), Mumbai, Maharashtra

MBA / PGDM

8,10,000

78 LPA

Indian Institute Of Management (IIML), Lucknow, Uttar Pradesh

MBA / PGDM

20,75,000

100 LPA

IIM Shillong- Indian Institute of Management, Shillong, Meghalaya

MBA / PGDM

12,70,000

71.50 LPA

Dr BR Ambedkar National Institute of Technology (NIT), Jalandhar, Punjab

MBA / PGDM

1,67,800

12 LPA

Management Development Institute - (MDI), Gurgaon, Delhi NCR

MBA / PGDM

18,67,000

63.3 LPA

National Law University (NLU), Jodhpur, Rajasthan

MBA / PGDM

5,28,000

8.2 LPA

Indian Institute of Technology (IIT), Kanpur, Uttar Pradesh

MBA / PGDM

3,23,068

12 LPA

Symbiosis Institute of Business Management [SIBM], Pune, Maharashtra

MBA / PGDM

26,79,500

34.26 LPA

IIT Madras (IITM), Chennai, Tamil Nadu

MBA / PGDM

7,15,750

30.6 LPA

Indian Institute of Technology Bombay (IITB), Mumbai, Maharashtra

MBA / PGDM