LIST OF TOP MBA/PGDM COLLEGES IN INDIA BASED ON 2020 RANKING

By Pranjal Singhal
Content Curator

The top MBA colleges in India in 2020 comprise 651 public and 3861 private B schools, including names like Indian Institute of Management, Ahmedabad (IIM Ahmedabad), IIM Bangalore, FMS Delhi, SP Jain Institute of Management and Research, Mumbai, XLRI Jamshedpur, MDI Gurgaon, IIFT Delhi, NMIMS Mumbai and many more. The tables given later show the ranking of MBA colleges in India by Economic Times, NIRF and Business Today. There are various other agencies like The Week, Financial Express and Outlook which also rank these colleges every year.

Top MBA Colleges in Delhi NCRTop MBA Colleges in Bangalore
Top MBA Colleges in MumbaiTop MBA Colleges in Hyderabad
  • Though there is a huge disparity in the average MBA fees charged by different colleges, the ideal range can be considered from INR 6-10 lakh per year. The difference can be understood from the stat that IIM Bangalore charges around INR 22,00,000 for the 2 year MBA while FMS Delhi charges only INR 21,000.
  • MBA admissions are mostly done through CAT. Colleges also accept other management exam scores like MAT, XAT, NMAT, CMAT, ATMA, SNAP, and even GMAT and GRE. Check the complete list of top MBA colleges in India accepting MAT score. There are some colleges which also give direct admission to students.
  • With more than 75 MBA specializations to offer like Finance, Marketing, HR, and Operations, the management education imparted in the best B schools in India is at par with that offered in the top MBA colleges in World like Wharton, Harvard and London Business School (LBS London).
  • The placement package after completing this course ranges from INR 6-8 lakh, with the best colleges offering average placements as high as INR 25-30 lakh. The placements also vary from Full-Time to Distance MBA Colleges in India.
CAT 2020 Latest UpdatesMAT 2020 Latest UpdatesNMAT 2020 Latest Updates

Continue reading to find out everything about the Top MBA Colleges in India 2020 with fees, ranking, cutoff, exams accepted, placements, admission process, ROI and a lot more.

Contents

1. Ranking
        1.1 NIRF Ranking
        1.2 Economic Times Ranking
        1.3 Business Today Ranking
2. ROI (Return on Investment)
3. Cutoff
        3.1 IIM CAT Cutoff
        3.2 IIT and NIT CAT Cutoff
        3.3 Private MBA College Cutoff
4. Admisson Process
        4.1 IIM Ahmedabad
        4.2 NMIMS Mumbai
5. Region Wise MBA Colleges in India
        5.1 Top MBA Colleges in Delhi NCR
        5.2 Top MBA Colleges in Bangalore
        5.3 Top MBA Colleges in Mumbai
        5.4 Top MBA Colleges in Hyderabad
        5.5 Top MBA Colleges in Pune
6. Entrance Exam Wise MBA Colleges in India
        6.1 MBA Colleges Accepting CAT
        6.2 MBA Colleges Accepting MAT
        6.3 MBA Colleges Accepting CMAT
        6.4 MBA Colleges Accepting XAT
7. Placements in MBA Colleges in India
        7.1 Top MBA in Marketing Colleges in India
        7.2 Top MBA in HR Colleges in India
        7.3 Top MBA Finance Colleges in India
8. FAQs

Top MBA Colleges in India: Ranking

The ranking of B schools in India are released every year by Economic Times, NIRF, Outlook, The Week, Business Today, India Today, and may other agencies. NIRF releases a combined list under the category of top management colleges in India. The main parameters considered while conducting the surveys for these lists are Education Quality, Faculty-Student Ratio, Placement Outcome, Perception of the University, Exam Pattern and Outreach and Inclusivity.

Many private ranking agencies also release lists under the categories of zones (North, East, West and South) and also for top government and top private MBA colleges in India. Certain additional lists include ROI wise and state wise. Listed below are the top MBA colleges in India rank wise by these different agencies.

Top MBA Colleges in India: NIRF Ranking

National Institutional Ranking Framework (NIRF), under the Ministry of HRD, Government of India, releases the list of top management colleges in India every year. The agency releases its ranking on the basis of 5 key criteria which are showed in the chart below. The table below shows the best MBA colleges in India by NIRF.

College NameNIRF MBA Ranking 2019NIRF MBA Ranking 2018ChangeAverage Annual Fee
IIM Bangalore12+1INR 10,70,000
IIM Ahmedabad21-1INR 11,50,000
IIM Calcutta330INR 27,00,000
IIM Lucknow440INR 7,13,000
IIM Indore511+6INR 8,00,000
IIT Kharagpur67+1INR 3,14,000
XLRI Jamshedpur710+3INR 4,26,000
IIM Kozhikode86-2INR 8,75,000
IIT Delhi98-1INR 5,05,000
IIT Bombay105-5INR 4,24,000
IIT Roorkee119-2INR 4,20,500
MDI Gurgaon12120INR 9,43,000
IIM Udaipur13130INR 2,03,000
IIM Trichy1415+1INR 2,95,000
IIT Madras15-NAINR 3,50,000
SP Jain Mumbai1619+3INR 9,30,000
NIT Trichy17-NAINR 1,41,000
Great Lakes Chennai1816-2INR 14,55,000
IIM Raipur1921+2INR 7,00,000
Symbiosis Pune2018-2INR 5,90,000
NMIMS Mumbai2024+4INR 9,25,000
As the table depicts, most of the top MBA colleges in India have shown improvement in their rankings.
  • IIM Bangalore, which earlier ranked 2nd, has now replaced IIM Ahmedabad as the best MBA college in India as per NIRF survey.
  • IIM Ahmedabad now ranks 2nd followed by IIM Calcutta at the 3rd spot.
  • IIM Indore has shown an improvement of 6 ranks. It now occupies Rank 5.
  • Private MBA colleges in India like XLRI Jamshedpur and SPJIMR Mumbai have also shown rank improvement of 3 spots.
  • The popular NMIMS Mumbai has improved by 4 spots and now ranks as the 20th best MBA college in India as per NIRF data.
  • MDI Gurgaon has maintained its 12th rank this year also. However, IIT Bombay’s SJMSOM has seen a drop of 5 ranks.

FMS Delhi has been ranked at the 35th position in India among the top management colleges.

The weightage for each of the NIRF ranking parameters is shown in the chart below:

NIRF Ranking Parameters Weightage

Source: nirfindia.org

Top MBA Colleges in India: Economic Times Ranking

The Economic Times brings in its functional heads listed in the ET 500 list to rank the top MBA colleges in India. The result of this survey for ranking of MBA colleges in India by Economic Times is shown below.

College NameEconomic Times MBA Ranking 2019Economic Times MBA Ranking 2018ChangeAverage Annual Fee
IIM Ahmedabad110INR 11,50,000
XLRI Jamshedpur2-NAINR 4,26,000
IIM Bangalore330INR 10,70,000
Symbiosis Pune440INR 5,90,000
IIM Calcutta550INR 27,00,000
NMIMS Mumbai660INR 9,25,000
IMT Ghaziabad770INR 10,35,000
IIM Lucknow880INR 7,13,000
MDI Gurgaon990INR 9,43,000
Amity Business School Noida1014+4INR 6,40,000
IIM Kozhikode11110INR 8,75,000
ISB Hyderabad12120INR 34,64,000
SPJIMR Mumbai13130INR 9,30,000
JBIMS Mumbai1410-4INR 50,000
FMS Delhi15150INR 10,500

The ranking from the Economic Times remains almost the same when compared to the 2018 ranking. FMS Delhi here has been ranked at the 15th position in India.

  • IIM Ahmedabad maintains its top spot just like in the previous year.
  • XLRI Jamshedpur, which didn’t find an entry in last year’s list, now ranks as the 2nd best MBA college in India.
  • Last year, IIT Kharagpur’s School of Management ranked 2nd in the list of top MBA colleges in India from the Economic Times. The institute has now lost its spot.
  • Amity Business School Noida has shown an improvement of 4 ranks. It now ranks 10.
  • JBIMS Mumbai has slipped 4 positions from Rank 10 to Rank 14.

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.

Departments of Head in Economic Times B-School Ranking Panel

Source: economictimes.indiatimes.com

Top MBA Colleges in India: Business Today Ranking

Business Today ranks IIM Ahmedabad as the best MBA college in India. The ranking of all the other top MBA colleges in India with fees is given in the table below.

College NameBusiness Today MBA Ranking 2019Business Today MBA Ranking 2018ChangeAverage Annual Fee
IIM Ahmedabad110INR 11,50,000
IIM Calcutta220INR 27,00,000
XLRI Jamshedpur34+1INR 4,26,000
SPJIMR Mumbai46+2INR 9,30,000
IIM Indore57+2INR 8,00,000
MDI Gurgaon65-1INR 9,43,000
IIM Kozhikode78+1INR 8,75,000
FMS Delhi89+1INR 10,500
NMIMS Mumbai911+2INR 9,25,000
IIFT New Delhi10100INR 7,85,000

The top MBA colleges in India ranking by Business Today mentions some entrants which are not seen in other lists.

  • IIM Ahmedabad and IIM Calcutta occupy the top 2 spots respectively.
  • IIM Bangalore did not participate in the rankings this year.
  • XLRI Jamshedpur has risen by 1 rank and now occupies the 3rd spot.
  • SPJIMR Mumbai has managed to grab the 4th spot.
  • The list also includes top MBA colleges in India like FMS Delhi and IIM Kozhikode.
  • This year, MDI Gurgaon is the sole top 10 MBA college which has slipped by 1 position.

Learn More: Top MBA Finance Colleges in India

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

ROI or Return on Investment tells how much profitable it is to pursue MBA from a specific management college in India. Following is the list of top private MBA colleges in India along with their ROIs.

College NameAverage Annual FeeAverage Placement PackageROI Rank*
FMS DelhiINR 10,500INR 25,00,0001
JBIMS MumbaiINR 50,000INR 18,13,0002
XLRI JamshedpurINR 4,26,000INR 22,35,0003
Symbiosis PuneINR 5,90,000INR 17,48,0004
SP Jain MumbaiINR 9,30,000INR 22,90,0005
IIM RanchiINR 6,98,000INR 15,09,0006
MDI GurgaonINR 9,43,000INR 20,13,0007
IIM LucknowINR 7,13,000INR 15,00,0008
IMT GhaziabadINR 10,35,000INR 12,50,0009
ISB HyderabadINR 34,63,000INR 25,06,00010

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

ROI should be an important aspect before you decide on the best college for your management education.

  • FMS Delhi offers the best ROI among all the top MBA colleges in India. The institute offers a package comparable to any IIM and charges just INR 22,000 for the entire course.
  • JBIMS Mumbai and NMIMS Mumbai are 2 good top MBA colleges in Mumbai offering lucrative ROI.
  • Among the top 3 IIMs A, B, and C, IIM Bangalore offers the best ROI according to the latest surveys.

The top MBA colleges in India provide students with enormous placement opportunities and the sector is growing more than ever.

  • Trends and surveys show that MBA placements and internships are seeing a rise in the recent future.
  • As per the findings of QS, management graduates hiring surged by 10% in 2017.
  • Top B-schools are seeing a rise of 15%-25% in the stipends offered for summer placements.

Not just top management colleges, many top engineering colleges in India have also started offering MBA courses. See the admission process of some of these top management and engineering colleges in India offering MBA courses.

IIM Ahmedabad Admission 2020IIM Bangalore Admission 2020
FMS Delhi Admission 2020SP Jain Mumbai Admission 2020
IIT Delhi MBA Admission 2020IIT Bombay MBA Admission 2020

Top MBA Colleges in India: Cutoff

Almost every MBA college releases cutoff lists of different MBA entrance exams to admit students in their management courses, whether MBA, PGDM or PGPM. Some of the entrance exams for which cutoff lists are released are CAT, MAT, SNAP, NMAT, CMAT and XAT. Colleges also release cutoff of state level entrance exams like UPSEE and MAHCET.

  • Cutoff lists released by Top MBA Colleges in India are divided according to caste categories (General, SC, ST, etc.) sometimes.
  • Many colleges release multiple lists as they conduct multiple rounds for admissions. This is mainly due to the withdrawl of the already accepted students.
  • In some lists, most often in the case of state level exams, there is also a provision of State Quota, thus favouring the students who are resident of that particular state.

If you also want to find out which state exams favour you and act as catalyst for your selection, check the top MBA exams in India. Listed below are links to the cutoff lists for some of these exams, as released by top colleges in India.

Faculty of Management Studies (FMS), New Delhi is affiliated to the University of Delhi and releases the cutoff list for CAT every year. In the 2019 admission process, the cutoff was 98%ile for General category students, 90%ile for OBC, 82%ile for SC and 58%ile for ST students.

IIM CAT Cutoff

Check this table to get insights into the cutoff of top 10 IIMs in India.

CollegeCutoff
IIM Ahmedabad90
IIM Bangalore99
IIM Kolkata99
IIM Kozhikode97
IIM Lucknow97
IIM Ranchi94
IIM Rohtak95
IIM Kashipur95
IIM Indore97
IIM Udaipur92
  • IIM Ahmedabad Cutoff has been lower than IIM Bangalore and IIM Calcutta in the past year. This is mainly due to the institute’s eligibility criteria which also focuses on creating a variety of students in the institute. These parameters include Gender of Student, Caste Category, and Academic Background in Undergraduation.
  • After IIM Ahmedabad, IIM Udaipur shows the lowest cutoff among all these colleges at 92.
  • Rest, IIM Bangalore, IIM Calcutta, IIM Lucknow and IIM Kozhikode, all of their cutoffs >= 97.

These are just some insights into the cutoffs of IIMs in India. Read in detail about cutoffs of top IIMs by clicking on the links below.

IIM Ahmedabad CutoffIIM Bangalore Cutoff
IIM Kolkata CutoffIIM Lucknow Cutoff

IIT and NIT CAT Cutoff

IITs and NITs in India also have their own departments of management studies which focus completely on MBA and other management courses. Given below are the cutoffs for 3 IITs and 1 NIT in India. These colleges also rank among the top 20 MBA colleges in India as given by NIRF.

CollegeCutoff
IIT Bombay90
IIT Delhi90
IIT Madras85
NIT Trichy80

NIT Trichy releases the lowest cutoff among all these top MBA colleges in India. Read in detail about cutoffs of these colleges by cliking on the links below.

IIT Bombay CAT CutoffIIT Delhi CAT Cutoff
IIT Madras CAT CutoffNIT Trichy CAT Cutoff

Private MBA College Cutoff

While IIMs, IITs and NITs in India stick to the CAT exam as a mode for the MBA admissions in India, private colleges explore a plethora of entrance tests and many of them have their own specific entrance exmas. Symbiosis considers SNAP score while Narsee Monjee conducts NMAT for admissions in its different campuses. XAT is also a popular entrance exam among these colleges and is organized by XLRI Jamshedpur. The table below shows the cutoff lists of top private MBA colleges in India.

CollegeExamCutoff
XLRI JamshedpurXAT96
MDI GurgaonCAT94
IIFT DelhiIIFT36
SP Jain MumbaiCAT92
XAT85
IMT GhaziabadCAT, XAT90
NMIMS MumbaiNMAT209
Symbiosis PuneSNAP96
CAT98
Great Lakes ChennaiXAT90
CMAT90
CAT85

We have given the cutoff details of top private MBA colleges in India for the different exams they accept. The highest CAT cutoff among these is released by Symbiosis Pune at 98 for students. To get deeper insights, see the links below.

NMIMS Mumbai CAT CutoffMDI Gurgaon MBA Cutoff
Symbiosis Pune MBA CutoffSP Jain Mumbai MBA Cutoff

Top MBA Colleges in India: Admission Process

There are 4452 top MBA colleges in India providing quality management education to students. These include 3861 private MBA colleges and 651 top public MBA colleges in India. The following bar shows the ratio of private MBA colleges in India to public MBA colleges in India.

public and private MBA colleges in India

Source: Official Survey

Admissions to the most popular top MBA colleges in India are done through top management entrance exams. This list includes exams like CAT, NMAT, MAT, IBSAT, etc.

  • As per the AICTE data, the total intake of PG seats in management colleges in India is 3,71,750 in 2019-20.
  • The boys’ enrolment is 1,33,487 and the girls’ enrolment is 98,349.
  • Admissions for MBA courses in India mainly include 3 rounds: Entrance Exam, Group Discussion (GD) and a Personal Interview (PI).

IIM Ahmedabad

Indian Institute of Management (IIM), Ahmedabad is the most premier MBA institute in India and is always ranked among the top 3 MBA colleges in India.

  • IIM Ahmedabad was established in 1961 under the leadership of ISRO founder Dr. Vikram Sarabhai. The institute is also ranked as 48 among the top MBA colleges in world by QS ranking 2019.
  • In 2008, IIM Ahmedabad became the first Indian institute to be awarded EQUIS (European Quality Improvement System) accreditation by the EFMD (European Foundation for Management Development).
  • It has been ranked as the No. 1 MBA college in India for the past 4 years.
  • IIM Ahmedabad has a total of 385 seats for PGPM program and 140 for Executive program.

The institute has been showing tremendous placements since the past many years. The final placements for 2017-19 batch and the summer placements for the 2018-20 batch have concluded. The following table shows a comparison of no. of IIM Ahmedabad Students placed against other popular IIMs.

IIM Ahmedabad Placements 2019

Source: Official Websites of 4 IIMs

Read in detail about  IIM Ahmedabad Placements 

Admissions are mainly done on the basis of CAT exam score.

  • The core IIM Ahmedabad MBA course consists of 480 sessions encompassing 24 credits.
  • The institute also considers the score of GMAT and GRE for some students.

Following chart shows the comparison of GMAT score accepted by IIM Ahmedabad with other popular IIMs.

GMAT Score Accepted by IIMs

Source: Official Websites of 4 IIMs

NMIMS Mumbai

Narsee Monjee Institute of Management Studies (NMIMS) is one of the top 10 MBA colleges in India. The institute has campuses at multiple cities including Mumbai, Navi Mumbai, Pune, Chandigarh, Hyderabad, and Bangalore.

  • NMIMS Mumbai has scored 3.59 CGPA on the NAAC accreditation scale.
  • The institute has been ranked as the 4th best private B-school by India Today in 2018.
  • Recently, NMIMS earned the AACSB Accreditation, earned by less than 5% of the world’s business schools.
  • NMIMS’s MBA program is divided into 6 semesters. The course curriculum even includes special classes for French, Spanish and German languages to help students fetch better opportunities.
  • The full NMIMS MBA program is of 111 credits with 63 credits reserved for the first year and 45 for the second year. The remaining 3 credits are for the summer internship.

The seat intake of NMIMS Mumbai MBA programs is given below:

NMIMS Mumbai MBA Seat Intake 2019

Source: NMIMS Mumbai Official Website

So far, the institute is done with its placements for the 2017-19 batch and also with the summer placements for the 2018-20 batch.

  • This year, 179 companies visited NMIMS campus for summer placements while 166 companies came for the placements for the 2017-19 batch.
  • The highest package this year for the 2017-19 batch placements has been INR 30.37 lakh per annum (LPA).
  • The highest stipend for the 2018-20 batch summer placements has been INR 3 lakh.

The table below gives a comparison between the batch 2017-19 and batch 2018-20 of NMIMS Mumbai.

Batch2017-192018-20
Gender Ratio67:3362:38
Average Work Experience18 months18 months
Average Age24 years23 years
Professionally Certified Candidates311312

NMIMS Mumbai placements have been displaying a good trend in the past few years. However, the institute offers multiple MBA courses. The course-wise placement comparison of NMIMS Mumbai MBA programs is shown in the graph below.

NMIMS Mumbai Course-Wise Placements

Source: www.nmims.edu/mumbaicampus

NMIMS has established itself as one of the top MBA colleges in India. Thousands of students come here from different parts of the country. The percentage of students from different parts of India are 46% from West India, 31% from North India, 13% from East India, and 10% from South India. Check detailed NMIMS Mumbai Fees Structure.

Top MBA Colleges in India: Region Wise

Different states in India have established different MBA colleges to impart the finest management education. Out of the entire list of top MBA colleges in India, Uttar Pradesh has 583 colleges, Maharashtra has 563, Tamil Nadu has 538 and Delhi NCR region hosts 508 such colleges. Categorized below are some of the top management colleges in India according to their location.

Top MBA Colleges in Delhi NCR

The capital Delhi hosts some of the best MBA colleges in India.

  • There are a total of 508 top MBA colleges in Delhi, including the NCR region.
  • Out of these, 451 are private MBA colleges while 57 are public MBA colleges.
  • 221 MBA colleges in Delhi accept the score of CAT while 214 accept the score of MAT exam.
  • 360 top MBA colleges in Delhi are AICTE approved while 102 are UGC approved.

Being the capital region of India, Delhi offers an incomparable exuberance even in the case of management education. The city hosts many popular names like:

  • Faculty of Management Studies [FMS Delhi]
  • Management Development Institute [MDI Gurgaon]
  • Indian Institute of Foreign trade, [IIFT New Delhi]
  • Institute of Mangement Technology [IMT Ghaziabad]

IIT Delhi’s Department of Management Studies also offers MBA in Delhi. Go through the complete list of top MBA colleges in Delhi NCR.

Top MBA Colleges in Bangalore

Bangalore is the IT hub of India and hosts some of the most esteemed MBA colleges in India.

  • There are a total of 241 top MBA colleges in Bangalore.
  • Out of these 241 colleges, 220 are private and 21 are public.
  • Most of the colleges in Bangalore, 104 to be specific, accept the score of MAT.
  • The score of CAT exam is also accepted by 103 top MBA colleges in Bangalore.

Some of the top MBA colleges in Bangalore are:

  • Indian Institute of Management [IIM], Bangalore
  • Symbiosis Institute of Business Management [SIBM], Bangalore
  • Narsee Monjee Institute of Management Studies [NMIMS], Bangalore
  • Ramaiah Institute of Management, Bangalore

The Department of Management Studies, IISc Bangalore also offers MBA courses to students in Bangalore. Explore all top MBA colleges in Bangalore.

Top MBA Colleges in Mumbai

Mumbai is considered the business hub of India and offers many lucrative job opportunities to students who complete their management education.

  • The city hosts the headquarters of many top finance companies in India and Bombay Stock Exchange (BSE) is also located here.
  • There are 9 public and 101 private MBA colleges in Mumbai. These colleges accept score of CAT, MAH CET, XAT, NMAT, SNAP and many other exams. 

Some of the best colleges in the city, also ranked among the top MBA colleges in India are:

  • Shailesh J Mehta School of Management, IIT Bombay
  • NITIE Mumbai
  • SP Jain Institute of Managament and Research (SPJIMR)
  • NMIMS Mumbai
  • LN Welingkar Institute of Management Development and Research (WeSchool)

Click to see the complete list of top MBA colleges in Mumbai.

Top MBA Colleges in Hyderabad

Hyderabad hosts the legacy of some of the good old names like the Osmania University and Indian School of Business. There are 206 colleges in the city offering MBA out of which 188 are private and 18 are public MBA colleges. Listed below are some of the best colleges here.

  • Indian School of Business (ISB)
  • ICFAI Business School
  • Institute of Public Enterprise (IPE), Hyderabad
  • GITAM Hyderabad Business School

See more top MBA Colleges in Hyderabad

Top MBA Colleges in Pune

Pune is a popular destination for MBA education among students as the city hosts many top names like Symbiosis and Narsee Monjee. There are 206 top MBA colleges in Pune out of which 195 are private and 11 are public. Some of the MBA colleges in the city also offer distance education. LIsted below are the best of these:

  • Symbiosis Institute of Business Management (SIBM), Pune
  • Savitribai Phule Pune University (PUMBA)
  • Balaji Institute of Modern Management (BIMM)
  • Flame University, Pune

Check more Top MBA Colleges in Pune

Also Check,

Top MBA Colleges in IndoreTop MBA Colleges in Kolkata
Top MBA Colleges in RajasthanTop MBA Colleges in Uttar Pradesh

Top MBA Colleges in India: Entrance Exam Wise

The top colleges in India accept various exam scores to admit students in their management programmes. As already stated, CAT and MAT are the 2 most popular exams in India for MBA followed by a long list including XAT, CMAT, MAH CET, UPSEE MBA, ATMA, NMAT, GMAT and GRE. In the sections below, we have made the list of top MBA colleges in India according to the entrance exams score they accept. A small number of colleges also offer MBA direct admission without considering any top MBA exam score. Read below for more detailed information.

Top MBA Colleges in India Accepting CAT Score

CAT or Common Admission Test is the most popular and most prestigious entrance exam in India for MBA courses.

  • CAT is conducted generally in the month of November every year. One of the top IIMs in India takes turn to conduct this exam throughout India.
  • Around 3 lakh students participate in CAT exam every year and try to get amission in one of the top IIMs and other top B schools.
  • CAT is a 3-hour long paper, divided into 3 sections: Verbal Aptitude & Reading Comprehension (VARC), Data Interpretation & Logical Reasoning (DILR), and Quantitative Aptitude (QA).
  • With the maximum score being 100, most of the top colleges in India release a CAT cutoff around 98-99%ile for their management courses.

Some of the top MBA colleges in India accepting CAT score are:

  • Indian Institutes of Management (IIMs)
  • Indian Institutes of Technology (IITs) and National Institutes of Technology (NITs)
  • Faculty of Management Studies (FMS Delhi)
  • Management Development Institute (MDI Gurgaon)
  • SP Jain Institute of Management and Research (SPJIMR), Mumbai
  • Institute of Management Technology (IMT), Ghaziabad

Check the complete list of all the top MBA colleges in India accepting CAT score.

Top MBA Colleges in India Accepting MAT Score

MAT or Management Aptitude Test is conducted by AIMA (All India Management Association) for admission in the top B Schools of India.

  • MAT is conducted 4 times in a year, in February, May, Spetember and December every year.
  • The exam is of 2.5 hours duration and includes 200 MCQs. The syllabus comprises Data Analysis & Sufficiency, Language Comprehension, Intelligence & Critical Reasoning, Mathematical Skills and Indian & Global Environment sections.
  • MAT is conducted in both Pen-Paper and Computer based modes. See what is the latest MAT Eligibility Criterion.

Some of the top MBA colleges in India accepting MAT score are:

  • Christ University, Bangalore
  • Department of Management Studies, IIT Madras
  • Birla Institute of Technology (BIT Mesra), Ranchi
  • IIM Rohtak

Check more colleges accepting MAT score in India.

Top MBA Colleges in India Accepting CMAT Scrore

CMAT (Common Management Admission Test) is the national level MBA exam conducted by the National Testing Agecncy (NTA), which also conducts JEE Main and NEET exams.

  • CMAT is a computer bases entrance exam having a duration of 3 hours.
  • The exam is generally conducted in the first week of January every year.
  • The examination tests students in 4 main domaisn, Language Comprehension, Quantitative Techniques and Data Interpretation, Logical Reasoning and General Awareness.
  • CMAT registrations start in the month of November. Track the updates on CMAT Exam Dates.

Some of the top MBA colleges in India accepting CMAT score are:

  • SJMSOM, IIT Bombay
  • Great Lakes Institute of Management, Chennai
  • Goa Institute of Management (GIM), North Goa
  • Xavier Institute of Management and Entrepreneurship (XIME), Bangalore

Want to know more? Click here.

Top MBA Colleges in India Accepting XAT Score

XAT or the Xavier’s Aptitude Test is conducted by XLRI Jamshedpur every year on the behalf of Xavier Association of Management Institutes.

  • The exam score is accepted in more than 700 B schools in Indi.
  • The exam is generally conducted in January every year.
  • XAT Cutoff released are different for male and female students.
  • The application fee of XAT is INR 1700 for students.

Some of the top MBA colleges in India accepting XAT score are:

  • Indian Institute of Management (IIM), Lucknow
  • Xavier Labour Relations Institute (XLRI), Jamshedpur
  • SP Jain Mumbai
  • Department of Management Studies (DoMS), IIT Madras
  • Great Lakes Institute of Management, Chennai

Check the complete list here.

Learn More

Top MBA Colleges in India Accepting NMAT ScoreTop MBA Colleges in India Accepting XAT Score
Top MBA Colleges in India Accepting GMAT ScoreTop MBA Colleges in India Accepting GRE Score

Top MBA Colleges in India: Placement Wise

India hosts some of the best MBA colleges in the entire world. These colleges offer excellent placement opportunities to students.

  • The average placement offers in the top MBA colleges in India range between 120-150.
  • IIM Ahmedabad witnessed 114 placement offers this year with an average CTC of INR 28.93 lakh.
  • NMIMS Mumbai offers 540 MBA seats. The campus observed 180+ recruiters visiting this year.
  • The average MBA salary in India is INR 6-9 lakh.

top mba colleges in India placements

Source: Official Institute Websites

Top MBA recruiters in India include:

UBSBharati AirtelBajaj Auto
Hindustan UnileverBarclays CapitalBoston Consulting Group
Bank of AmericaL’Oreal ParisBloomberg
National Stock ExchangeReserve Bank of IndiaIBM
Kotak Mahindra GroupGodrejPricewaterhouseCoopers

The stream in MBA you choose matters a lot and depends on the college as various colleges have reputations for specific streams. Check the top MBA colleges in India stream-wise by clicking on the links below:

Given below are the details of some of these top streams in an elaborated way.

Top MBA in Marketing Colleges in India

Marketing is one of the most-sought MBA specializations. Moreover, the sector is booming more than ever.

  • The advertising and marketing sector in India is expected to cross the $10 billion mark by the end of 2019.
  • The digital marketing sector is expected to grow at a compound annual growth rate (CAGR) of 33.5% until 2020.
  • Online marketing is also growing at a twofold-threefold rate.

Some of the top MBA colleges in India for marketing are:

  • Indian Institute of Management [IIM], Ahmedabad
  • Indian School of Business [ISB], Hyderabad
  • Narsee Monjee Institute of Management Studies, Mumbai
  • ICFAI Business School [IBS Mumbai]

The average package in top MBA colleges in India for Marketing ranges from INR 6-8 lakh.

Top MBA in HR Colleges in India

Human Resource Management is an essential aspect for every IT industry and company. In the ever-advancing corporate world, HR managers ensure that every work is carried out sophisticatedly.

  • 72% of the companies worldwide believe that HR is an important element responsible for proper functioning of the organization.
  • 83% of companies in South-Asia have prioritized HR tech advancements.
  • The global HR sector is expected to reach $30 billion by 2025.

Some of the top MBA colleges in India for HR are:

  • Xavier School of Management, XLRI Jamshedpur
  • Indian Institute of Management [IIM], Ranchi
  • Institute of Management and Technology [IMT], Ghaziabad
  • Prin. L.N. Welingkar Institute of Management Development and Research Mumbai
  • K. J. Somaiya Institute of Management Studies and Research, [SIMSR Mumbai]

The average package in top MBA colleges in India for HR ranges from INR 5-7 lakh.

Top MBA Finance Colleges in India

Finance is the most popular MBA specialization in India and often students get the highest packages in this domain.

  • The top finance sectors in India where students can get jobs are Banking, Mutual Funds, Insurance, Stocket Market and Auditing Firms.
  • The financial and banking sector of India contributes around 7.7% of the nation’s GDP.
  • The banking sector in India presently stands at almost USD 300 million.

Some of the top MBA Finance colleges in India are:

  • IIM Kozhikode
  • SP Jain Mumbai
  • Narsee Monjee (NMIMS), Mumbai
  • Indian Institute of Foreign Trade (IIFT), New Delhi
  • Management Development Institute (MDI), Gurgaon

The average MBA Finance package in India is INR 5-8 lakh.

Top MBA Colleges in India: FAQs

Ques. Is MBA losing its value?

Ans. Due to an enormous number of students pursuing MBA every year, the course’s value has deviated a bit, but still, MBA is one of the most sought courses by the recruiters in the corporate world.

Ques. Is SP Jain and SPJIMR same?

Ans. Yes, they are. The full form of SPJIMR is SP Jain Institute of Management and Research.

Ques. How can I get a scholarship for an MBA?

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

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

Ques. Which is the best MBA college in Mumbai?

Ans. Given below is a list of best MBA colleges in Mumbai:

  • Jamnalal Bajaj Institute of Management Studies-JBIMS
  • Shailesh J. Mehta School of Management, IIT Bombay
  • National Institute of Industrial Engineering-NITIE
  • SP Jain Institute of Management and Research-SPJIMR
  • Amity Global Business School

Ques. Which MBA gives the highest salary?

Ans. MBA Business Analytics and MBA Marketing are some of the most rewarding MBA specializations.

Ques. Is ISB better than IIM?

Ans. ISB and IIM, both have established themselves as the most premier management institutes in India. What separates them is the fact that ISB Hyderabad asks for a 5-year pre-MBA experience from applicants. Whereas, IIMs don’t keep any such criterion.

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 remains above INR 20 lakh.

Ques. Can I do MBA after B.Com.?

Ans. Yes, you can do MBA after pursuing a B.Com. course.

Ques. What is the fee of the CAT exam?

Ans. The registration fees for CAT 2019 is INR 1900 for General and OBC candidates and INR 950 for SC/ST/PWD candidates.

Ques. Which are the best private MBA colleges in India?

Ans. Some of the best private B schools in India are:

  • Indian School of Business (ISB), Hyderabad
  • XLRI Jamshedpur
  • MDI Gurgaon
  • SP Jain Mumbai

Check the complete list here.

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