Top 20 Private MBA Colleges in India 2024: Fees, Eligibility, Entrance Exams, Courses
India has a large number of private MBA colleges that offer specialized MBA and PGDM courses. Check out the list of top 20 private MBA colleges in India, courses offered, entrance exams accepted, fees, and more!
Top Private MBA Colleges: In India, there are more than 2900 private MBA schools. They are graded on par with the Indian Institutes of Management (IIM) in some cases and have a good reputation. While you are preparing yourself for the next MBA admission season in India, we are sure you would be going through a list of colleges to target. With so many MBA colleges to choose from, we have prepared a list of the top private MBA colleges in India that you can consider if you are not targetting government-owned colleges such as the IIMs. Since the CAT exam for MBA admission into IIMs is a tough nut to crack, it is a good idea to shortlist some of the best private MBA colleges in India and apply for the MBA admission process 2024 accordingly.
The best facilities and pedagogy, the most current MBA curriculum, well-known specializations, hands-on training, international exchange program, and university placements are all provided by the top private MBA colleges in India. Although some MBA colleges have somewhat higher course fees, the return on investment (ROI) is favorable.
Before shortlisting your preferred colleges, we suggest you carefully understand the fee structure, number of seats, specializations offered, and the overall review and accreditation of each of these private MBA colleges. Let’s have a look at the list of top private MBA colleges in India in 2024.
Also Read:Top Private MBA Colleges in India with Best Placements
Top Private MBA Colleges in India 2024: Highlights
Here are the highlights of the top private MBA colleges in India:
Particulars | Details |
No. of Private MBA Colleges in India | 2960 (Approximately) |
Fees |
|
Top Specializations |
|
Admission Process | Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP |
Top Private MBA Colleges in India | SPJIMR, XLRI, MDI, IMT, GIM Goa, IMI, GLIM SIBM, etc. |
Top Private MBA Colleges in India 2024: Fees, Courses, Entrance Exams
Following is a list of the best MBA private colleges in India that are well-known for their academic excellence, faculty, training, placement opportunities, and more.
Name of the Institute | NIRF Ranking 2023 | Cutoff Percentile | Specializations Offered | Course Fees (in INR) | Entrance Exams Accepted |
13 | 94.93 (CAT) |
| 24,99,400 | GMAT, XAT | |
17 | 98.5 (SNAP) |
| 24,59,000 | SNAP | |
20 | 92 |
| 24,00,000 | CAT | |
SVKM's Narsee Monjee Institute of Management Studies, Mumbai | 21 | 220 (NMAT Score) |
| 3,27,000 - 44,00,000 | NMAT, NMIMS CET, NMIMS - NPAT |
28 | 140 (NMAT score) |
| 4,86,000 - 25,85,000 | MAT, XAT, CAT, NMAT, CMAT, CUET | |
30 | 80 (MAT) |
| 12,86,000 | AMET, MAT, XAT, CAT, CMAT, KMAT, APICET | |
31 | 80 (CAT) |
| 21,25,000 | XAT, CMAT, MAT, GMAT | |
32 | 70 (CAT) |
| 2,00,000 (course fee per semester) | LPU NEST, MAT, XAT, CAT, NMAT, CMAT, CUET | |
33 | 85-95 |
| 19,40,000 | XAT, CMAT, NMAT, MAT, GMAT | |
34 | 87 - 90 |
| 20,95,230 | CAT, XAT, GMAT | |
36 | - |
| 5,56,000 | CUCET | |
37 | 80 |
| 21,00,000 | XAT, GMAT, MAT, MICAT | |
38 | 90 |
| 17,35,000 - 31,40,000 | CAT, XAT | |
39 | 70 (MAT) |
| 1,50,000 - 15,72,000 | UPESMET, CAT, MAT, XAT, CUET-PG | |
40 | 85 (CAT) |
| 1,80,000 - 16,02,000 | CAT, NMAT, IBSAT | |
42 | 85 |
| 17,34,000 | XAT, IPMAT, JIPMAT, NMAT, CMAT, CLAT, MET | |
45 | 83 |
| 19,95,000 | XAT, GMAT, CMAT, NMAT | |
46 | 91 (CAT) |
| 12,20,000 - 18,30,000 | XAT, CAT, X-GMT, NMAT, OJEE | |
48 | 72.5 |
| 14,00,000 | XAT, GMAT, CMAT, MAT | |
- | 70 |
| 124,200 | CAT/ MAT/ Punjab MET |
Note: The colleges and management institutions mentioned above have the discretion to make changes in the fees. Candidates are advised to cross-check the fees and other important information on the official website of the respective website of the college.
The two-year MBA program serves as a springboard for managerial positions in a range of industries and business possibilities. In the full-time MBA program, students learn all of the operational, financial, operational, sales, advertising, supply chain, and administrative aspects of managing and operating a corporation.
Applicants with any educational background can pursue an MBA, including those in the humanities, commerce, and science fields. The most liked program is the full-time MBA, which includes theory classes, real-world projects, and a summer internship. All of India's top private MBA schools provide a full-time MBA program with a variety of specializations.
Top Private MBA Colleges in India 2024: Eligibility Criteria
Students who have completed their graduation can pursue MBA as a postgraduate option. Apart from this, there are various minimum requirements one needs to fulfill to enroll in top private MBA Colleges in India.
Applicants must have earned their graduate degree in any field of study or its equivalent from an accredited university.
The majority of institutions adhere to the AICTE's minimum graduation score requirements, which call for an overall score of 50% or more and a 5% relaxation for students from reserved classes.
Holders of professional degrees, such as MBBS, CA, CS, and ICWAI, among others, are also qualified to pursue MBA.
Working professionals seeking admission into Executive MBA programmes need to have 5-10 years of working experience.
NRIs and International students can apply for MBA admission through a valid GMAT score only.
Also Read: Distance MBA in India
Top Private MBA Colleges in India 2024: Entrance Exams
There are generally 10 well-known MBA entrance tests in India for MBA admission. CAT, XAT, IIFT, NMAT, SNAP, TISSNET, CMAT, MAT, IBSAT, and GMA are some of the popular entrance exams given by students for admission to top private MBA Colleges in India. The state-level exams, such as MAH CET, TANCET, PGCET, and KMAT, are other well-liked options for applicants for MBA programs in Tamil Nadu, Maharashtra, and Karnataka. Other institute/university-specific tests include KIITEE Management, MICAT, and UPES MET in addition to IIFT, TISSNET, and IBSAT.
Here is the important information about the Top MBA Exams for 2024 admission to the best MBA colleges in India. We have divided them into three categories:
National-Level MBA Entrance Exams
National-Level MBA Exam | Exam Dates | Top MBA Colleges Accepting Exam Score |
Common Admission Test (CAT) 2023 | November 26, 2023 | IIMs, FMS Delhi, SPJIMR, MDI, IITs, IMI, IMT |
Xavier Aptitude Test - XAT 2024 | January 7, 2024 | XLRI, XIMB, IMI, IMT, TAPMI, Great Lakes |
NMAT by GMAC 2023 | October 10 to December 19, 2023 | NMIMS, K J Somaiya, XUB, VIT Vellore, SD Bacconi Asia Centre |
SNAP 2023 | December 10, 17 & 22, 2023 | SIBM Pune, SCMHRD, SIOM & 12 Other Symbiosis colleges |
CMAT 2024 | 2nd week of April 2024 | GIM Goa, BIMTECH, K J Somaiya, IFMR, Welingkar, Jaipuria, N L Dalmia |
MAT 2024 | PBT- February 25, 2024 IBT- February 24, March 3 & 8, 2024 CBT- March 10, 2024 | JAGSoM, IPE Hyderabad, Jaipuria, BIMTECH (Specialized PGDM), JIMS, NDIM |
ATMA 2024 | February 18, 2024 | Welingkar, CIMR, SOIL, IMS |
GMAT 2024 | Available around the year | SPJIMR, IMI, IMT, XIMB, TAPMI, FORE, LBSIM, GIM Go |
State-Level MBA Entrance Exams
State-Level MBA Entrance Exam | MBA Entrance Exam Dates | Top MBA Colleges Accepting Exam Score |
MAH CET 2024 | March 9 and 10, 2024 | JBIMS, SIMSREE, PUMBA, N L Dalmiya, SIES, CIMR |
Karnataka PGCET 2024 | TBA | IBA, AIMS, Alliance, ABBS, Kristu Jayanti |
TANCET 2024 | March 2024 | Anna University, Madras University, SRM University, SSN School of Management Chennai, Hallmark Business School Trichy, St Joseph's School of Management Trichy, PSGIM Coimbatore |
TS ICET 2024 | May 2024 | Kakatiya University (KU); Osmania University (OU); Telangana University (TU); Satavahana University (SU) |
KMAT 2024 | October 2024 | IBA, AIMS, Alliance, ABBS, Kristu Jayanti |
Institute-Level MBA Entrance Exams
Institute-Level MBA Entrance Exam | Exam Dates | Top MBA Colleges Accepting Exam Score |
TISSNET 2024 | Replaced by CUET PG 2024 | Tata Institute of Social Science (TISS) all campuses |
IBSAT 2023 | December 23 & 24, 2023 | 9 ICFAI B-Schools |
MICAT 2024 | December 2, 2023, and January 27, 2024 | MICA Ahmedabad |
KIITEE Management 2024 |
| KIIT School of Management (KSOM) Bhubaneswar |
IRMASAT 2024 | TBA | IRMA Anand |
Also Read: Direct MBA Admission Without Entrance Exam
Top Private MBA Colleges in India 2024: Admission Process
Have a look at the detailed admission process in top private MBA colleges in India:
Shortlist a B-School: The first thing you need to do is shortlist a few best private MBA colleges in India on the basis of the course you want to pursue, fees, infrastructure, teaching quality, placement opportunities, and other factors. Once you know the top 5 private MBA colleges in India, start checking their requirements for admission.
Apply for MBA Entrance Exams: Admission into most private MBA colleges in India is conducted through entrance exams. Candidates who qualify for the entrance exams accepted by the colleges can get admission. Keep track of all the important dates of the MBA entrance exams and leave no stone unturned in your preparation to secure a seat in one of the best private MBA colleges in India.
Appear for Counselling: Students who qualify for the MBA entrance exams are called for counselling process for MBA admission into top private MBA colleges in India. The counselling can have various rounds, such as Personal Interview, Group Discussion, and Written Ability Test. If you fulfill the selection criteria, you will be allotted a seat in the colleges as per your preference.
Take Admission: Once you have been allocated a seat in one of the private MBA colleges in India of your choice, you can do the reporting and pay the admission fee.
Also Read: Documents Required for MBA Admissions
Now that you have information about top private MBA colleges in India 2024, their fee structure, eligibility criteria, and entrance exams, you should start targeting colleges of your choice. Candidates preparing for any of the entrance exams given above should strive hard to crack it and get admission into colleges of their choice.
If you have any queries, you can get them resolved by writing to our experts on the CollegeDekho QnA Zone. In case you need personalized assistance with admission to your chosen MBA college, fill out our Common Application Form (CAF) or call our helpline number 18005729877.
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FAQs
How can I apply to an MBA college in India?
To apply to an MBA college in India, you can fill out the application form of the college. You can check the detailed application process and admission process from the official website of the selected college.
What are the top private MBA Colleges in India?
There are many well know private MBA colleges in India. Some of them are XLRI Jamshedpur, IBS Hyderabad, SPJIMR Mumbai and MDI Gurgaon.
Are private MBA colleges in India approved by UGC?
Yes, the private MBA colleges in India are approved by the University Grants Commission (UGC). MBA being a postgraduate degree qualification requires the institution granting the same to have the power to bestow degrees, which is overseen by the UGC in India. Hence, all the MBA colleges in India, private or government, if offering MBA programmes and degrees have been approved by the UGC, or the degree is not valid.
Does NIRF rank private MBA colleges in India as well?
Yes, NIRF ranks private MBA colleges in India as well. The ranking parameter has been designed to ensure healthy competition and hence spur growth and development in the education system of India. The agency ranks management schools separately from the overall ranking and includes private MBA colleges as well. It ranked XLRI Jamshedpur as the best private business school on a rank of the eighth position.
Which is the best private MBA college in India?
The best private MBA college in India is the Indian School of Business (ISB). The institute which was established in 2001 in Hyderabad has made a deserved name for itself within a short span of 22 years. It was ranked higher than IIM Bengaluru, IIM Ahemdabad, and IIM Calcutta among the top 100 business schools in the world for MBA. The Financial Times ranked ISB as the 32nd best business school in the world in 2022.
Are application essays required for admission to top private MBA colleges in India?
Yes, application essays are required for admission to top private MBA colleges in India. Application essays are a common part of the MBA admission process. The applying candidates are required to write an essay, ranging from 500-1200 words, on the given prompt(s). It is a process often relied upon by the colleges to guide them to assess the true personalities of the candidates.
What is meant by the management quota for admission to private MBA colleges in India?
The management quota is a reservation policy in place for admission to private MBA colleges in India. The private colleges have to sidetrack certain seats for which recommendations are made by varying authorities for admission. These candidates have meritorious backgrounds and have proven themselves worthy of admission to the recommending authority. While the top students often get seats in government colleges, they have a choice available for private colleges.
Can I get direct admission to private MBA colleges in India?
Yes, you can get direct admission to private MBA colleges in India. All MBA colleges in India sideline a few of their total seats as they have to fill through management quota. The students who have been recommended under the management quota do not have to go through the selection process, they can get direct admission for their past merits and achievements. The management quota seats are sub-divided on basis of recommending authority, such as state, GMAC, IIT, etc.
What are the factors affecting admission to private MBA colleges in India?
The factors affecting admission to private MBA colleges in India are your entrance exam scores, past academic record, work experience (if any), application essay (if any), SOP, references, and any other additional information or document as required by the respective institute. There is one common requirement of all private MBA colleges in India, that is you must have an aggregate of 50%-55% in bachelor’s degree to apply for admission.
What is the selection process for private MBA colleges in India?
The selection process for private MBA colleges in India is different for each college. Since all the colleges have their administration, their admission and selection processes are also different and self-administered. However, all the colleges require their applying candidates to submit their admission applications along with their entrance exam scores. It is hence that they shortlist the candidates whom they shall invite for the selection process. GD and PI rounds are also common selection process components.