LIST OF TOP MANAGEMENT COLLEGES IN INDIA BASED ON 2020 RANKING

By Pranjal Singhal
Content Curator

The top management colleges in India offer various programs like MBA, MMS, BBA, BBM, Executive MBA, MHA and even MPhil and PhD degrees. Some of the best ranked MBA colleges over the years in India are IIM Ahmedabad, FMS Delhi, NITIE Mumbai, Narsee Monjee Mumbai, MDI Gurgaon, Shaheed Sukhdev College of Business Studies, New Delhi and XLRI Jamshedpur among plethora of other names. These colleges are ranked by both government and private ranking agencies like NIRF, Outlook, The Week, etc. Read the latest NIRF Ranking 2020 below for these top MBA colleges.

Top MBA Colleges in IndiaTop BBA Colleges in India
Top MMS Colleges in IndiaTop Executive MBA Colleges in India
  • There are a total of 6,231 colleges in India comprising 5,142 private and 1,080 government colleges. Education imparted in these colleges is at par with other best MBA colleges in world.
  • The averge cost for 3 year duration BBA course in the management colleges of India varies from INR 30,000-1,50,000 in government colleges. However, this cost can go up to INR 4-5 lakh in the top private colleges.
  • For other courses like MBA, Executive MBA and MMS, the fees is generally INR 8-10 lakh per annum in the best B schools of India.
  • Admissions in these colleges are often done through both merit and entrance exams for undergraduation courses like BBA and BBM. The top BBA entrance exams include AIMA UGAT and IPU CET.
  • For MBA, the top exam names include CAT, MAT, XAT and NMAT. This year in 2020, CAT is going to be conducted by IIM Indore. The exam will be held on November 29.
  • Placement prospects after completing BBA and other undergrad management courses range from Finacial Advisors to Executives in the government sectors. Check the complete list of BBA Jobs and Career Opportunities.
  • In the case of MBA, job opportunities are unlimited and the average salary for graduates of this course ranges from INR 6-10 lakh per annum. In the case of top IIMs in India, the average salary is around INR 20-30 lakh.
  • Not just in full-time mode, management courses in India are also offered in part-time and distance education mode by many top colleges.
BBA Entrance ExamMBA Entrance Exam
AIMA UGAT 2020 Latest UpdatesCAT 2020 Latest Updates
IPU CET 2020 Latest UpdatesMAT 2020 Latest Updates

Latest Updates

  • September 30: CAT Application Form edit window has closed. Ace your preparation with CAT Practice Papers.
  • September 28: MAT Admit Card has been released today. The exam will be conducted on October 3.
  • September 24: CAT 2020 registration applications have closed. The exam will now be for 2 hours instead of 3 hours. See what are the changes in CAT Exam Pattern this year.
  • September 16: Karanataka PG CET has also been postponed to October 13-14 now. See which are the Top MBA Colleges in India under Karnataka PG CET.
  • September 14: XAT 2020 registration has started on September 12. Learn more about XAT Syllabus.

In this article, you will get all the information about top MBA colleges and other top management colleges in India for BBA, Executive MBA, etc. with their ranking, fees, cutoffs, entrance exams, admission process, ROI, placements and a lot more.

Contents

1. Ranking 2020
        1.1 NIRF Ranking
        1.2 Economic Times Ranking
        1.3 Jagran Josh Ranking
        1.4 Dalal Street Ranking
2. MBA Colleges with Fees
3. ROI (Return on Investment)
4. Cutoff
        4.1 BBA Cutoff
        4.2 MBA Cutoff
        4.3 MMS Cutoff
5. Distance MBA Colleges
6. Online MBA Colleges
7. Admission Process
        7.1 IIM Bangalore Admission
        7.2 MDI Gurgaon Admission
        7.3 XLRI Jamshedpur Admission
8. Region Wise Management Colleges in India
        8.1 Top Management Colleges in Maharashtra
        8.2 Top Management Colleges in Delhi NCR
9. Entrance Exam Wise Management Colleges in India
        9.1 Management Colleges Accepting AIMA UGAT
        9.2 Management Colleges Accepting CAT
        9.3 Management Colleges Accepting MAT
10. Top Management Colleges in India with Average Salary
        10.1 Top Management Colleges in India for Finance
        10.2 Top Management Colleges in India for Marketing
11. FAQs

Top Management Colleges in India with NIRF Ranking

College NameNIRF Ranking 2020
IIM Ahmedabad1
IIM Bangalore2
IIM Calcutta3
IIM Lucknow4
IIT Kharagpur5
IIM Kozhikode6
IIM Indore7
IIT Delhi8
XLRI Jamshedpur9
MDI Gurgaon10
IIT Bombay11
IIT Roorkee12
NITIE Mumbai12
IIT Madras14
IIM Trichy15
IIT Kanpur16
IIM Udaipur17
SP Jain Mumbai18
IIM Raipur19
IIM Ranchi20

IIM Ahmedabad has been again ranked as the best mangement college in India by NIRF, after a gap of 1 year. The institute ranked at the 2nd position in India in 2019 ranking list.

  • The list of top 20 MBA colleges in India has seen some new entrants this year like NITIE Mumbai, IIT Kanpur, and IIM Ranchi.
  • The top 5 IIMs in India according to this list are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Kozhikode respectively.
  • The biggest jump in ranking this year has been shown by National Institute of Industrial Engineering (NITIE), Mumbai. The institute ranks 12th this year along with IIT Roorkee, while it ranked 29th in 2019 list. Check NITIE Mumbai Admission 2020.
  • Other institutes which have shown improvement are IIM Kozhikode, IIT Kanpur, and IIM Ranchi.

The following chart shows the NIRF Ranking Parameters and the weightage they have.

NIRF Ranking parameters weightage

Source: nirfindia.org

Top Management Colleges in India with Economic Times Ranking

College NameMBA Ranking by Economic Times 2020
IIM Ahmedabad1
XLRI Jamshedpur2
IIM Bangalore3
Symbiosis Pune4
IIM Calcutta5
NMIMS Mumbai6
IMT Ghaziabad7
IIM Lucknow8
MDI Gurgaon9
JBIMS Mumbai10
IIM Kozhikode11
ISB Hyderabad12
SPJIMR Mumbai13
Amity Business School Noida14
FMS Delhi15

The ranking from the Economic Times remains is the same as that in 2019, apart from 2 colleges interchangine their positions.

  • The Indian Institute of Management Ahmedabad ranks as the best MBA college in India here also.
  • JBIMS Mumbai and Amity Noida are the 2 colleges which have interchanged their positions this year.
  • While JBIMS Mumbai has improved by 4 ranks, Amity has dropped by 4 ranks.

The Economic Times ranking process saw 253 responses divided into different functional heads. The list this year has been curated by 31 IT Heads, 38 Finance Heads, 97 HR Heads, 34 Production Heads, and 52 Manufacturing Heads. Their percentage-wise division is shown below.

Top Government MBA Colleges in India by Jagran Josh

College NameJagran Josh Ranking 2020
IIM Bangalore1
IIM Ahmedabad2
IIM Calcutta3
IIM Kozhikode4
IIM Lucknow5
IIM Indore6
IIT Bombay7
IIM Trichy8
FMS Delhi9
IIM Udaipur10

Top Private MBA Colleges in India by Jagran Josh

College NameJagran Josh Ranking 2020
XLRI Jamshedpur1
SPJIMR Mumbai2
MDI Gurgaon3
TAPMI Manipal4
Narsee Monjee Mumbai5
IMI New Delhi6
Symbiosis Pune7
IMT Ghaziabad8
BITS Pilani9
MIT Pune10

The often-talked-about top 3 IIMs, IIM A, B, and C have maintained their top ranks this year too in the ranking list released by Jagran Josh agency. The agency’s surveys are conducted by industry leaders and are based on the following eligibility criteria.

  • The institute should offer a 2-year duration full-time management course.
  • A government body should have recognized the institute.
  • A minimum of 3 batches must have passed out from the institute.

Top Management Colleges in India with Dalal Street Ranking

College NameDalal Street Ranking 2019
XLRI Jamshedpur1
MDI Gurgaon2
SP Jain Mumbai3
IIT Delhi4
FMS Delhi5
IIFT Delhi6
IIT Bombay7
NMIMS Mumbai8
SIBM Pune9
NITIE Mumbai10

Dalal Street ranks XLRI Jamshedpur as the best management college in India. XLRI (Xavier Labour Relations Institute), also known as Xavier School of Management, offers multiple management courses to students. Check the complete list of courses here.

  • Other top management colleges in India ranked by Dalal Street include MDI Gurgaon, SPJIMR Mumbai and FMS Delhi among others.
  • Among the technical institutes, IIT Delhi and IIT Bombay have shown good improvements in the previous year. IIT Delhi has improved its position by 2 positions while IIT Bombay has improved by 5.
  • FMS Delhi and NMIMS Mumbai are the 2 institutes which have seen a drop in ranking this year.

The following graph shows the division of these institutes by zones:

top management colleges in India zone wise

Source: dsij.in

Top Management Colleges in India with Fees

College NameAverage MBA Fees
IIM AhmedabadINR 23,00,000
IIM BangaloreINR 23,15,000
IIM CalcuttaINR 27,00,000
IIM LucknowINR 21,00,000
IIM IndoreINR 15,72,000
IIM KozhikodeINR 17,50,000
IIM RohtakINR 16,70,000
IIM UdaipurINR 6,16,000
ISB HyderabadINR 37,50,000
IIT BombayINR 10,00,000
IIT DelhiINR 9,60,000
IIT MadrasINR 8,00,000
IIT RoorkeeINR 8,20,000
NIT TrichyINR 1,94,000
IIT KharagpurINR 10,44,000
XLRI JamshedpurINR 23,60,000
MDI GurgaonINR 18,85,000
Symbiosis PuneINR 19,20,000
Narsee Monjee MumbaiINR 18,50,000
SPJIMR MumbaiINR 17,50,000
Great Lakes ChennaiINR 16,00,000
JBIMS MumbaiINR 1,00,000
FMS DelhiINR 1,92,000
NITIE MumbaiINR 12,00,000
IIFT New DelhiINR 15,20,000
TAPMI ManipalINR 14,00,000
ICFAI HyderabadINR 14,00,000

Top Private Management Colleges in India with Best ROI (Return on Investment) in 2020

College NameAverage Annual FeeAverage Salary PackageROI Rank*
XLRI JamshedpurINR 4,26,000INR 22,35,0001
SIBM PuneINR 5,90,000INR 17,48,0002
SPJIMR MumbaiINR 9,30,000INR 22,90,0003
MDI GurgaonINR 9,43,000INR 20,13,0004
Lovely Professional University [LPU]INR 2,90,000INR 6,00,0005
IMT GhaziabadINR 10,35,000INR 12,50,0006
SIBM BangaloreINR 8,20,000INR 9,79,0007
ISB HyderabadINR 34,63,000INR 25,06,0008
Great Lakes ChennaiINR 16,00,000INR 11,00,0009

*ROI={(Average Salary Package)/(Average Annual Fee)}*100%

ROI or Return on Investment shows how fruitful it is to pursue a management course from a particular institute. ROI gives an idea of how many years it would take to recover the money invested in an MBA or BBA course. It matters more in the case of a career oriented course like MBA as compared to BBA. Therefore, the following table lists the top private MBA colleges in India ROI wise.

FMS Delhi is the best management institute in India when it comes to ROI.Based on the basic calculation of money invested and the returns received, ROI compares the average fees of a college and the average salary received by students.

  • XLRI Jamshedpur ranks 1 in the above table. This top private management college in India has managed to maintain this reputation for years.
  • Symbiosis Pune ranks better than Symbiosis Bangalore in terms of return on investment (ROI).
FMS Delhi Admission 2020XLRI Jamshedpur Admission 2020Symbiosis Pune Admission 2020

Top Management Colleges in India with Cutoff

Colleges release cutoff lists of top management exams to admit students in their programs, while some also give admission on the basis of merit list. Mostly BBA admissions are done directly through merit on the basis of class 12 scores.

  • These cutoff lists also have provisions of reservation for the caste category students and sometimes also include State Quotas.
  • Many times, colleges release lists in multiple rounds in an attempt to fill all the seats for that course.

We have made some lists below of the cutoff score lists released by top colleges in India.

Top BBA Colleges in India with Cutoff

College NameBBA Cutoff 2020
Shaheed Sukhdev College of Business Studies (SSCBS), New Delhi2-140 (DU JAT)
New Delhi Institute of Management (NDIM), New Delhi1800-7894 (IPU CET)

This cutoff data in the table above is just about the General category students. To know what score students of other categories need to achieve, click on the links below.

SSCBS New Delhi BBA CutoffNDIM New Delhi BBA Cutoff

Top MBA Colleges in India with Cutoff

College NameMBA Cutoff 2020
IIM Ahmedabad90 (CAT)
IIM Bangalore99 (CAT)
IIM Lucknow97 (CAT)
XLRI Jamshedpur96 (XAT)
NMIMS Mumbai209 (NMAT)
Symbiosis Pune96 (SNAP)
MDI Gurgaon94 (CAT)
FMS Delhi98 (CAT)
SP Jain Mumbai85 (XAT)

To know more details of these cutoffs, check the links below.

IIM Ahmedabad CutoffIIM Bangalore Cutoff
IIM Lucknow CutoffXLRI Jamshedpur Cutoff
Symbiosis Pune CutoffNMIMS Mumbai Cutoff

Top MMS Colleges in India Cutoff

College NameCutoff
JBIMS Mumbai96 (CAT)
SIMSREE Mumbai144 (MAH CET)
SIESCOMS Mumbai80 (CMAT)
IISc Bangalore90 (CAT)
Bharati Vidyapeeth, Navi Mumbai108 (MAH CET)
XIMR Mumbai123 (MAH CET)

Top Management Colleges in India for Distance MBA

College NameAverage Fees
IGNOU New DelhiINR 37,800
ICFAI Foundation for Higher Education, HyderabadINR 70,000
Symbiosis Center for DIstance LearningINR 1,00,000
ICFAI University, Directorate of Distance Education, AgartalaINR 60,000
IMT Ghaziabad Center for Distance LearningINR 65,000
Narsee Monjee School for Continuing Education, MumbaiINR 86,000
Annamalai University, CuddaloreINR 28,000
MIT School of Distance Education, PuneINR 42,000
Tamil Nadu Open UniversityINR 1,00,000
Karnataka State Open UniversityINR 37,000

Top Management Colleges in India for Online MBA

College NameAverage Fees
Amity University, NoidaINR 2,50,000
Jaipur National University (JNU), JaipurINR 55,800
Pondicherry University, Directorate of Distance EducationINR 45,000
National Institute of Business Management, ChennaiINR 14,700
ITM University, GwaliorINR 80,000

Top Management Colleges in India: Admission Process 2020

There are 6231 top management colleges in India providing quality education to students. These include 5142 private and 1080 public-funded management colleges. The following bar shows their ratio.

public and private management colleges in India

Source: Official Survey

Admissions to these colleges in India are done through top management entrance exams.

  • For the bachelor’s degree, IPU CET, BUMAT, and JSAT are some of the popular exams. These exams admit students in courses like BBA and BBM.
  • For the master degree courses like MBA, the top management entrance exams include CAT, XAT and CMAT.
  • Admissions are done mainly in 3 steps, Written Test, Group Discussion, Personal Interview.

IIM Bangalore

One of the 3 topmost IIMs A, B, and C, IIM Bangalore is the second best college according to the latest NIRF ranking 2020 in the list of top management colleges in India.

  • NIRF ranks IIM Bangalore as the 2nd best management college in India in 2020, while it is ranked No. 1 by Jagran Josh.
  • QS Global Universities ranking 2020 has also ranked IIM Bangalore as the best college in India.
  • The institute has been offering MBA degrees to students since 2018 after the passage of the IIMs Act 2017 by the HRD Ministry.

The 2-year long management course at IIM Bangalore offers students a minimum of 94.5 credits. The institute has one of the most diverse batches in the country.

  • GMAT score for admissions this year went up to 770.
  • The institute also has a good gender ratio, compared to other institutes, with 37% girls and 63% boys.
  • Out of the 441 students in the batch 2019-21, 366 (82.99%) are from engineering background.

The following chart shows the batch division industry-wise, excluding the engineering students.

iim bangalore mba 2020 batch profile

Source: IIM Bangalore Official Website

The institute received 488 offers for its 411 students in the final placements 2017-19.

  • 129 companies visited IIM Bangalore campus this year.
  • 15 students got international offers. 1 student opted to stay out of placements.
  • The average salary this year was INR 24.54 lakh and the median package was INR 23 lakh.

Read everything about IIM Bangalore Placement 2020

The following graph shows offer from various companies.

iim bangalore mba placement offer

Source: IIM Bangalore Official Website

MDI Gurgaon

MDI Gurgaon is one of the most popular MBA colleges in Delhi NCR.

  • MDI Gurgaon is accredited by NBA and AMDISA, a SAARC approved accreditation body.
  • The institute has improved its rank by 2 positions in the latest NIRF Management College Ranking 2020. It now ranks at the 10th position.
  • Dalal Street has ranked MDI Gurgaon 2nd among the top management colleges in India 2019.
  • The PGPM program of MDI Gurgaon is divided into 6 terms with duration of 3 months each.

The batch 2017-19 of MDI Gurgaon had 342 students as compared to the 299 in the batch 2018-20.

  • A whopping 80% of these students came from an engineering background. Just 10% of the students were from commerce sector.
  • Also, 36% of the students did their bachelors from tier-1 colleges like IITs and NITs.
  • The average age of MDI Gurgaon 2017-19 batch is 24 years while the gender diversity stood at 32% of females and 68% males in the different MDI Gurgaon Courses.
  • The average CAT percentile of these students is 98.6.

The average work experience is 21 months. The following graph gives more insights into this.

mdi gurgaon mba batch 2020 work experience

Source: MDI Gurgaon Official Website

MDI Gurgaon Batch 2017-19 saw 106 companies visiting this year for MBA placements, with 36 new recruiters.

  • There was a 5% rise in the average package offered as compared to the previous year.
  • The average salary of MDI Gurgaon was INR 20.13 lakh while the median package stood at INR 19.82 lakh.
  • The highest domestic package this year went to INR 40.79 lakh.

Given below is a sector-wise division of the recruiters this year.

mdi gurgaon mba recruiters 2020

Source: MDI Gurgaon Official Website

XLRI Jamshedpur

XLRI Jamshedpur is one of the top management colleges in India located in the eastern state of Jharkhand.

  • The institute has been ranked 9th in India by NIRF ranking 2020.
  • Dalal Street has ranked XLRI Jamshedpur as the best management college in India in 2019.
  • The institute was established in 1949 and offers multiple management programs at both bachelors and masters level.
  • XLRI Jamshedpur is accredited by AACSB, an accreditation earned by less than 5% of the world’s business schools.

XLRI Jamshedpur also offers executive management education to the students. XLRI Jamshedpur placements stats are given below.

No. of Recruiters104
Offers358
Average PackageINR 22.35 lakh
Highest PackageINR 50 lakh

There are many scholarships offered by the institute to students. Read what students have to say about XLRI Jamshedpur Scholarships.

Top Management Colleges in India: Region Wise

There is a long list of top management colleges in India.

  • Maharashtra emerges as the biggest player with 837 colleges.
  • Other popular destinations for pursuing management education in India include Tamil Nadu, Uttar Pradesh, and Delhi NCR.

Top Management Colleges in Maharashtra

College NameTotal MBA Fees
IIT BombayINR 1,00,000
SP Jain MumbaiINR 17,50,000
JBIMS MumbaiINR 1,00,000
Symbiosis PuneINR 19,20,000
Narsee Monjee MumbaiINR 18,50,000
NITIE MumbaiINR 12,00,000
WESCHOOL MumbaiINR 22,00,000
IMED PuneINR 4,50,000
KJ Somaiya MumbaiINR 14,34,000
IMT NagpurINR 12,10,000
SIMSREE MumbaiINR 1,38,000
BIMM PuneINR 8,90,000
SIES COMS MumbaiINR 9,00,000
PIBM PuneINR 15,90,000
BIMHRD PuneINR 8,90,000

Maharashtra boasts some of the top management colleges in India.

  • There are a total of 101 public and 703 private management colleges in Maharashtra.
  • In the AICTE approved institutes, the boys’ enrolment is around 24,200 while the girls’ enrolment is around 16,700.
  • Colleges in Maharashtra accept scores of many management entrance exams like CAT, AIMA UGAT, NMAT, etc.

Top Management Colleges in Delhi NCR

College NameTotal MBA Fees
IIT DelhiINR 9,60,000
MDI GurgaonINR 18,80,000
IIM RohtakINR 16,70,000
IMI New DelhiINR 16,33,000
IIFT New DelhiINR 15,20,000
Jamia Millia Islamia, New DelhiINR 1,30,000
Department of Commerce, New DelhiINR 31,400
FMS New DelhiINR 1,92,000
FORE School of Management, New DelhiINR 15,98,000
Amity Global Business School, NoidaINR 7,80,000
IMT NagpurINR 20,70,000
Amity University, NoidaINR 6,80,000
BIMTECH Greater NoidaINR 12,50,000
Jaipuria Institute of Management, NoidaINR 9,90,000
Indraprastha University, New DelhiINR 1,40,000

The national capital hosts some of the premier institutes in India.

  • There are 83 public and 571 private management colleges in the national region.
  • 418 top management colleges in Delhi are AICTE approved while 123 are UGC approved.
  • Most of the colleges accept scores of entrance exams like CAT, XAT, IPU CET, UPSEE, etc.

Also Check,

Top Management Colleges in Tamil NaduTop Management Colleges in Uttar Pradesh
Top Management Colleges in BangaloreTop Management Colleges in Gujarat

Top Management Colleges in India: Entrance Exam Wise

Management colleges in India accept different exams for different courses. For BBA, top exams include AIMA UGAT and IPU CET, where as, for MBA, top exams include, CAT. MAT, and CMAT. Categorized below are some of these best colleges according to entrance exam score they accept.

Top Management Colleges in India Accepting AIMA UGAT

College NameBBA Fees
ICFAI Foundation for Higher Education, HyderabadINR 7,80,000
KIIT School of Management, BhubaneswarINR 8,40,000
ICFAI Business School, HyderabadINR 7,80,000
GITAM Institute of Management, VisakhapatnamINR 6,00,000
OP Jindal Global Business School, SonepatINR 12,00,000
IMS KolkataINR 2,73,000
SRM University, SonepatINR 4,68,000
Shobhit University, MeerutINR 1,68,000
GLS University, AhmedabadINR 1,38,000
NDIM New DelhiINR 1,08,000

AIMA UGAT is conducted by AIMA (All India Management Association) for admission in BBA courses of top colleges in India.

Top Management Colleges in India Accepting CAT

College NameCAT Cutoff 2020
IIM Ahmedabad90
IIM Bangalore99
IIM Calcutta99
IIM Lucknow97
IIM Indore97
IIM Kozhikode97
IIT Madras85
IIT Delhi90
IIT Bombay90
IIT Roorkee95

CAT is the most popular MBA entrance exam and is considered by almost every top MBA college in India.

Top Management Colleges in India Accepting MAT

College NameMAT Cutoff 2020
JIMS New Delhi63
IIHMR University, Jaipur67
SRM Chennai67
KIIT Bhubaneswar80
Alliance University, Bangalore67
VIT Vellore80
UPES Dehradun87
BIMTECH Greater Noida70
BIT Mesra, Ranchi43
Jaipuria Institute of Management, Noida67

MAT or Management Admission Test is also conducted by AIMA for MBA admissions in the top management colleges in India.

Read More

Top Management Colleges in India Accepting UPSEETop Management Colleges in India Accepting IBSAT
Top Management Colleges in India Accepting NMATTop Management Colleges in India Accepting GMAT

Top Management Colleges in India with Average Salary

College NameAverage MBA Salary
IIM AhmedabadINR 33,00,000
IIM BangaloreINR 29,80,000
IIM CalcuttaINR 26,90,000
IIM IndoreINR 22,92,000
IIM KozhikodeINR 23,00,000
IIM LucknowINR 20,00,000
IIT KharagpurINR 18,10,000
IIT DelhiINR 22,69,000
IIT BombayINR 20,98,000
IIT MadrasINR 14,38,000
IIT RoorkeeINR 9,18,000
FMS DelhiINR 25,60,000
MDI GurgaonINR 22,05,000
Narsee Monjee MumbaiINR 18,33,000
XLRI JamshedpurINR 15,00,000

Management colleges in India offer students some of the best placement opportunities.

  • An average management college in India receives around 200 offers.
  • Top Management colleges in India like IIM Bangalore and NMIMS Mumbai receive more than 400 offers.
  • The average MBA salary in India is INR 6-9 lakh.
  • The average BBA salary in India is INR 3-5 lakh.

average mba salary in 2020

Source: Official Institute Websites

Top Management recruiters include:

GoogleCRISIL
Barclays CapitalBisleri
Boston Consulting Group (BCG)Amazon
Morgan StanleyBain & Company
National Stock ExchangeAccenture Strategy
CISCOGartner
BYJU’sTCS

Placements also depend on the stream you choose. Check top management colleges in India streamwise.

Top Management Colleges in India for MBA Finance

College NameAverage Fees
IIM BangaloreINR 23,15,000
IIM CalcuttaINR 27,00,000
IIM IndoreINR 15,70,000
IIT KharagpurINR 10,40,000
XLRI JamshedpurINR 15,00,000
IIT BombayINR 10,00,000
IIT RoorkeeINR 8,20,000
SP Jain MumbaiINR 17,50,000
Great Lakes ChennaiINR 16,00,000
IIM RaipurINR 14,50,000

India’s finance industry is growing at a rate faster than ever.

  • The finance sector in India is growing at an average rate of 8.5%.
  • The sectors of banking, mutual funds and wealth management show an overall growth of 15%.

The average salary for finance in India is INR 7-9 lakh after postgraduation.

Top Management Colleges in India for MBA in Marketing

College NameAverage Fees
IIM BangaloreINR 23,15,000
IIM CalcuttaINR 27,00,000
IIM IndoreINR 15,70,000
IIT BombayINR 10,00,000
FMS DelhiINR 1,92,000
ISB HyderabadINR 37,50,000
IIM TrichyINR 18,30,000
IIT MadrasINR 8,00,000
Narsee Monjee MumbaiINR 18,50,000
Symbiosis PuneINR 19,20,000

Many management courses emphasize most on the aspects of marketing.

  • The advertising and marketing sector in India is expected to cross the $10 billion mark by the end of 2020.
  • Online marketing is also growing at a twofold-threefold rate.
  • The digital marketing sector is expected to grow at a compound annual growth rate (CAGR) of 33.5% until next few years.

The average salary for marketing in India is INR 6-8 lakh after post-graduation.

Top Management Colleges in India: FAQs

Ques. What changes have been made by IIM Indore in CAT 2020 Exam Pattern?

Ans. IIM Indore has released a new media release on September 16. According to this, CAT 2020 will be for 2 hours only, instead of 3. Each section will have 40 minutes, and candidates will not be allowed to switch between sections. Tutorials related to updated exam pattern will be available from October 2020.

Ques. What all changes can students make in CAT Application Form this year?

Ans. IIM Indore has opened the form correction window for CAT 2020 Application form up to 5:00 PM on September 29. IIM Council allows students to make 3 changes:

  • Signature
  • Photograph
  • Test City Preferences

Any changes apart from these won’t be entertained.

Ques. Which are the best management colleges in India?

Ans. The IIMs and IITs are the best colleges for pursuing MBA in India. The best IIMs include IIM Ahmedabad, IIM Bangalore, IIM Lucknow, IIM Calcutta, and IIM Kozhikode. Among the IITs, the best names include IIT Bombay, IIT Madras, IIT Delhi and IIT Kanpur.

In addition, government colleges like FMS Delhi and NITIE Mumbai, and private B schools like SP Jain Mumbai, Narsee Monjee, XLRI Jamshedpur and MDI Gurgaon also offer good education.

For BBA, the best colleges in India are SSCBS (Shaheed Sukhdev Singh College of Business Studies), New Delhi, NMIMS Mumbai and Chandigarh University.

Ques. Which college is best for MBA in Finance in India?

Ans. MBA Finance is a top specialization of MBA in India. It is offered by 2000+ MBA colleges in India. Some of the best colleges in India for MBA Finance are IIM Kozhikode, SP Jain Mumbai, IIFT New Delhi and MDI Gurgaon.

Ques. Why is MBA so expensive?

Ans. MBA is one of the most popular courses and the basic eligibility criterion is also not too difficult. Students from any stream can pursue this course. In addition to this, also MBA offers the most lucrative career options to students. The package offered after completing MBA is one of the highest in India. Also, there is a huge demand for the course, thus making it one of the most expensive courses.

Ques. Which country is best for MBA?

Ans. India is one of the best countries for MBA as it has some of the best B schools in the world, which are also ranked by international agencies like QS. The average MBA salary after graduating from the Tier 1 colleges is INR 25-40 lakh.

Ques. How difficult is CAT?

Ans. CAT is not a difficult but a competitive exam. The syllabus of CAT includes questions related to Verbal Aptitude, Non-Verbal Aptitude, Logical Reasoning and Data Interpretation. Many of these questions are also asked by companies during their campus recruitment, though the level in CAT is a bit high.

Still, proper guidance and training can make CAT an easy nut for you to crack. It does not matter how much you score. What matters is the rank of your score among all the participating students.

Ques. Is CAT compulsory for MBA?

Ans. CAT is not strictly compulsory for MBA, but yes, it will open the maximum number of doors for you. All the IIMs and IITs in India take admission only on the basis of CAT. Majority of the private and government MBA colleges take admission on the basis of CAT score. So not appearing for CAT might snatch away many opportunities from you, that too the best ones.

Still, if you don’t want to give CAT, you can go for many other exams like CMAT, MAT, NMAT, XAT and ATMA.

Ques. What is the salary of MBA in Finance in India?

Ans. MBA Finance graduates can earn a salary anywhere between INR 3 lakh to INR 30 lakh per annum. This depends very much upon the college you are graduating from. IIM graduates generally earn annual packages above INR 20 lakh. The graduates of IITs and the best private colleges, i.e., Tier 2, get to earn an average salary of INR 12-18 lakh. In the case of average colleges, the package stays around INR 3-7 lakh per annum.

Ques. What do you study in MBA Finance?

Ans. MBA Finance Syllabus covers a holistic detail of topics like Finance, Managerial Accounting, Risk Management, Corporate Taxation, Income Securities, etc. Read all the details of subjects and workshops in this course, by clicking on MBA Finance Syllabus.

Ques. What is the best age to do an MBA?

Ans. There is no specified age for when you can do an MBA. Still, you should look for the course around the age of 25-28 years. The average student age after graduation is 22 years. If you go on to do a job after this and choose an MBA at an age of 25-28 years, you will be having work experience also. This increases your chances of getting recruited in selection procedure.

Ques. Which MBA is most in demand?

Ans. The most in-demand MBA specializations in India are MBA Marketing, MBA Finance, MBA in HR and MBA Operations Management.

Ques. Is MBA better than CA?

Ans. There are many parameters to consider which is better, an MBA or CA. The average money invested in a CA course is very less than the cost of an MBA. However, the latter offers a much more attractive package than the former one.

CA is an uncertain journey and you don’t know how long it will take to complete the course. In the case of an MBA, you will probably be working at a suitable place after 2 years.

The job options after an MBA are enormous, while CA, CS and related courses have a limited scope.

So, considering all these options, MBA does look to be a better course than CA. However, all that glitters in not gold. Understand the syllabus of both courses and find your call and simply go for that.

Ques. Who earns more, MBA or CA?

Ans. The average salary of MBA is more than that of CA. The average MBA salary in India can up to INR 20-25 lakh, while the average CA salary is INR 7-10 lakh.

Ques. Which college has best placement?

Ans. IIM Calcutta and IIM Ahmedabad offer the best placement packages in India. But, the ROI of IIM Calcutta is not so good as its fees is very high.

Ques. Can MBA be done after 12th?

Ans. No. An MBA course can be done after graduation in any stream, but not after Class XII.

Ques. Can MBA be done after BTech?

Ans. Yes, MBA can be done after B.Tech. In fact, BTech students make the largest share in MBA batches of top MBA colleges in India.

Ques. Can MBA be done Online?

Ans. Yes. MBA can be done through online medium also. Read more about this here.

Ques. Can MBA be done without Maths?

Ans. Maths make an important part of both MBA syllabus and MBA entrance exams. So you cannot skip the Queen of Science.

Ques. What should I study before MBA?

Ans. It does not matter which course you study in graduation for your MBA admission. However, BTech, BBA and BCA are some of the recommended courses.

Ques. Does getting an MBA make someone a better entrepreneur?

Ans. MBA does offer skills which guide you in your entrepreneurial journey. So yes, it might turn out to be a good course if you are planning to become one.

Ques. Is MBA really worth the money?

Ans. The value for money of an MBA depends upon the college you study it from. If you are graduating from a top Tier 1 or Tier 2 college, you will most probably realize the value in future. In case of Tier 3 colleges, your skills appear to be an additional criteria, as sometimes these colleges lack the important data.

Ques. Is it better to pursue an MBA after engineering or go for an MTech/MS?

Ans. This totally depends on which field you want to enter. If you plan to remain in the core IT field and make advancements in your engineering specialization, simply choose MTech or MS. If you plan to enter the business industry and the management sector, go for an MBA.

Ques. What are the advantages of doing an MBA after engineering?

Ans. The present market is dominated by the IT industries. If you pursue an MBA after BTech, you will have the knowledge of both the Technology and the skills required to manage and market that. This is one of the best advantages of doing an MBA after engineering.

Ques. Which MBA College is best in India?

Ans. IIM Ahmedabad, IIM Bangalore and IIM Calcutta are the most premier management colleges in India. Apart from these, some of the often cited best private management institutes are XLRI Jamshedpur and NMIMS Mumbai.

Ques. How many MBA colleges are there in India?

Ans. There are 4400+ MBA colleges in India.

Ques. Is IIT MBA good?

Ans. Many popular IITs like IIT Delhi and IIT Bombay offer MBA courses through their centers for management education. These institutes offer good education at par with many other top management colleges in India.

Ques. Is SIBM Pune good for MBA?

Ans. Yes. Symbiosis Institute of Business Management [SIBM] Pune is a good management college. The institute offers good MBA education and the average salary goes up to INR 17.48 lakh.

Ques. Is FMS Delhi better than IIM?

Ans. FMS Delhi is a good management institute and offers the best ROI (return on investment) among all the MBA colleges in India. However, the tag of IIM is always much superior to other private institutes. The other benefits and favours which an IIM graduate receive are matchless.

Ques. How much percentile is required for FMS Delhi?

Ans. To get admission in FMS Delhi, students need to have a 98+ precentile.

Ques. Which is better, Executive MBA from SP Jain Mumbai or Executive MBA from XLRI Jamshedpur?

Ans. XLRI Jamshedpur offers a 16 month EMBA in Human Resource Management, while SP Jain offers an 18 month long program in essentials of management. While an EMBA from SP Jain costs more than INR 15 lakh, and EMBA from XLRI will cost only between INR 5-7 lakh. These 2 factors should be your major concern when it comes to choosing one among the 2 colleges for an EMBA.

Ques. Which is better, Executive MBA from IIM Ahmedabad or Executive MBA from ISB Hyderabad?

Ans. Both IIM Ahmedabad and ISB Hyderabad are premier colleges and offer you the finest career opportunities in India among all the top B schools.

  • While IIM Ahmedabad is government-owned, ISB Hyderabad is a private college offering management education.
  • IIM Ahmedabad offers 1-year full time EMBA course, while ISB Hyderabad offers it PGPPro course as a weekend program for working executives.
  • Placement prospects are better at IIM Ahmedbad, though the difference is very small.

Ques. Is MBA losing its value in the current years?

Ans. Due to an enormous number of students pursuing the course every year, MBA’s value has deviated a bit, but still, it is one of the most sought after courses by the recruiters in the corporate world. It is also one of the courses which offer the highest salary in India.

Ques. How does one get a scholarship for an MBA?

Ans. Many organizations and institutes offer scholarships for MBA programs. The 2 best ways to get an MBA scholarship are:

  • A good score in the entrance test.
  • Extensive research work in a particular field.

Ques. Which IIT is best for MBA?

Ans. SJMSOM-IIT Bombay offers a very good MBA course for the students. The institute has been ranked No. 4 in the world by QS World Rankings. The average CTC offered here remains above INR 20 lakh.

Read More
FOUND 6373 CollegesSET DEFAULT

selected filters

substream

city

Affiliation