Top MBA Universities in India: Rankings 2024, Courses, Fees, Admissions, Placements

Updated On: September 24, 2024 03:13 pm IST | CAT

Are you searching for the top MBA universities in India to get admission? Check top MBA colleges in India based on various factors such as ranking, fees, and relevant details.

Table of Contents

Rankings of Top MBA Universities in India
Top MBA Universities in India: Detailed
Faqs

Top MBA Universities in India comprise names of the prestigious B-schools in the country such as the Indian Institutes of Management, Management Development Institute, XLRI Xavier School of Management, etc. Interestingly, most branches of the Indian Institutes of Management are considered Ivy-League B-Schools in India for their top class education facilities and a promising career after graduation.
The MBA admission process into the top MBA Universities in India is usually conducted through an entrance examination qualification, along with Graduation/Higher Secondary. For example, to seek admission into IIMs, one has to appear for, and successfully clear the Common Admission Test or CAT entrance test, which requires rigorous preparation with a balanced strategy and dedication. To know more about the Top MBA Colleges in India , refer to this article below which focuses on detailed information about the NIRF Rankings, MBA course fees, MBA admission process, MBA eligibility criteria, MBA placement packages, and other details of the top MBA colleges in India

Rankings of Top MBA Universities in India

Before we delve into the list of top MBA Universities in India in detail, mentioned below is the table of NIRF Rankings 2024 of the top 10 MBA Universities in India, along with their IIRF Rankings 2024 and Outlook Rankings:

Name of the MBA School	NIRF Rankings 2024	IIRF Rankings 2024	Outlook 2024
IIM Ahmedabad	1	1 (Government)	1
IIM Bangalore	2	4 (Government)	2
IIM Kozhikode	3	5 (Government)	Not Ranked
IIM Delhi	4	7 (Government)	Not Ranked
IIM Calcutta	5	3 (Government)	Not Ranked
IIM Mumbai	6	8 (Government)	Not Ranked
IIM Lucknow	7	6 (Government)	4
IIM Indore	8	9 (Government)	5
XLRI Xavier School of Management	9	1 (Private)	Not Ranked
Management Development Institute	11	2 (Private)	Not Ranked

Top MBA Universities in India: Detailed

The list of top MBA Universities in India is curated based on a number of factors such as the NIRF Rankings, IIRF Rankings, other B-School Rankings (if available), student reviews, learning environment and quality of education, etc. In the list of top MBA Universities in India, the first 10 positions are occupied by the IIM Ahmedabad , IIM Bangalore, IIM Kozhikode, IIM Delhi, IIM Calcutta, IIM Mumbai, IIM Lucknow, IIM Indore, XLRI Xavier School of Management, and Management Development Institute in order of ranking, as per the NIRF Rankings 2024. To know about the courses offered, MBA admission fees, eligibility criteria and other details related to the top MBA Universities in India, refer to the list of the top 10 B-Schools below:

IIM Ahmedabad

IIM Ahmedabad, founded in 1961 is the second oldest IIM and is consistently ranked as the best business school of India. The IIM Ahmedabad’s NIRF ranking 2024 is 1st.

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA Course /PGDM PGPM PGPX FDP	INR 25,00,000 (total fees)	Graduation with 50%+ CAT exam Score	Average Package: INR 34,36,000 LPA Highest Package: INR 1,15,00,000 CPA

IIM Bangalore

IIM Bangalore, established in 1973 is the second-best MBA college in India after IIM Ahmedabad as per the latest NIRF Ranking 2024. The IIM Bangalore’s NIRF ranking 2024 is 2nd.

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA/ PGDM Course PGPM Course PGPBA EPGP	INR 24,50,000 (total fees)	Graduation with 50%+CAT exam score	Average Package: INR 35,92,000 LPA Highest Package: INR 1,15,00,000 CPA

IIM Kozhikode

IIM Kozhikode is a leading business college due to its top-class academic excellence, experienced faculty, and infrastructure. NIRF 2024 ranking for IIM Kozhikode is 3rd.

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA PGB BL PGP LSM	INR 20,50,000 (total fees	Graduation with 50%+CAT exam score	Average Package: INR 28,05,000 LPA Highest Package: INR 72,02,000 LPA

IIT Delhi

The NIRF ranking 2024 for IIT Delhi (Department of Management Studies) 4th. The college offers top-notch faculty, academic excellence, and placement to MBA course.

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA EMBA MDP	INR 3,31,000 (1st year)	Graduation with 50%+CAT exam score	Average Package: INR 25,82,000 LPA Highest Package: INR

IIM Calcutta

IIM Calcutta is well-known for pioneering education in the finance sector. The IIM Calcutta NIRF ranking 2024 is 5th.

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA Executive MBA Executive Program PGPEX	INR 27,00,000 (total fees)	Graduation with 50%+CAT exam score	Average Package: INR 35,07,000 Highest Package: INR 1,20,00,000 CPA

IIM Mumbai

IIM Mumbai has been recognized as one of India’s Ivy-League B-Schools consistently for 5 decades by MHRD. The NIRF ranking 2024 for IIM Mumbai is 6th.

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA PGPEX MDP	INR 21,00,000 (total fees)	Graduation with 50%+CAT exam score	Average Package: INR 25,00,000 LPA Highest Package: INR 54,00,000 LPA

IIM Lucknow

Located in the state of Uttar Pradesh, the Indian Institute of Management, Lucknow is known for its genius infrastructure and modern classroom learning environment. It is also one of the most prestigious IIMs in the country which witnesses hundreds of admission appeals every year into the MBA course. Ranked at the 7th position by the NIRF in 2024, the IIM Lucknow continues to offer quality education in the field of MBA, with lucrative on-campus placement and career opportunities. A quick detail of the Indian Institute of Management, Lucknow has been provided below for reference:

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA PGDM FPM	INR 15,00,000 (total fees)	Graduation with 50%+CAT, GMAT exam score	Average Package: INR 22,00,000 LPA Highest Package: INR 55,00,000 LPA

IIM Indore

Indian Institute of Management, Indore has been ranked at the 8th position in the NIRF Rankings 2024 of the top management colleges in India. Established as the 6th IIM in line, IIM Indore is a legacy in itself, in the category of government business schools in India with an autonomous status. Accredited by the Association of MBAs (AMBA), AACSB, and EQUIS, IIM Indore is also recognised by the Association of Indian Universities (AIU). A quick detail of the Indian Institute of Management, Indore has been mentioned below for all candidates to refer to:

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA PGDM BBA Course	INR 30,00,000 (total fees)	Graduation with 50%+ CAT, IPMAT exam score	Average Package: INR 27,00,000 LPA Highest Package: INR 58,00,000 LPA

XLRI Xavier School of Management

Accredited by the AACSB, AMBA, and NBA, the XLRI Xavier School of Management has been ranked at the 9th position in NIRF Rankings 2024 of the top government B-schools in India. The XLRI Xavier School of Management is approved by the AICTE, AIU, and GOI. Apart from quality education and a rich learning experience, this college is also known for its placement assistance to students, and collaborations with various companies and prestigious organizations. To know more about the courses offered, MBA admissions fee, and other details, check out the informative table mentioned below:

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA PGDM	INR 25,00,000 (total fees)	Graduation with 50%+ XAT exam score	Average Package: INR 20,00,000 LPA Highest Package: INR 62,00,000 LPA

Management Development Institute

Management Development Institute, located in the city of Gurgaon, has bagged the 11th position in the NIRF Rankings 2024 for the top B-Schools category in India. Apart from being one of the top business schools in the country, this private institution has also earned international accreditation from AACSB in the USA, the Association of MBAs (AMBA) in London, and the South Asian Quality Assurance Systems (SAQS). A quick nitty-gritties of MDI, Gurgaon has been laid down below, for all candidates to derive reference from:

Course	MBA Fees	MBA Admission Process	MBA Placements
MBA PGDM MIM	INR 26,00,000 (total fees)	Class 10th Qualification with 50% + Graduation with 50% + CAT exam score	Average Package: INR 25, 00,000 LPA Highest Package: INR 55,00,000 LPA

Some of the other notable mentions include names such as IIM Rohtak , Symbiosis Institute of Business Management, IIM Raipur , IIM Udaipur , and others, in 12th, 13th, 14th and 22nd positions respectively. The average MBA admission fee in these institutes are usually in the range of INR 7-15 LPA.

The top MBA Universities in India include both government and private colleges, however, the list mostly comprises the different branches of IIMs. To seek admission into the top MBA Universities in India, candidates must meet the eligibility criteria and qualify the required entrance exams. The placement opportunities at the top MBA Universities in India are highly competitive and usually offer an average salary package in the range of INR 25 LPA to INR 55 LPA.

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FAQs

What are the job profiles offered to the candidates after admission to the top MB colleges in India?

The job profile offered to the candidates in top MBA colleges in India depends on the recruiting companies and vacancies available. Top job-profile offered are:

HR Manager
Key Accounts Manager
Digital Marketing Manager
Social Media Manager
Accounts/Finance Manager

What is the placement package range in the top MBA college in India?

The placement package across top MBA colleges in India goes up to INR 1.70 crore per annum while the average placement package is INR 40-50 Lakh per annum.

Does work experience help in getting admission to top MBA colleges in India?

As per the MBA admission procedure to top MBA colleges in India, work experience can be an added factor in gaining weightage during MBA admission in top MBA colleges in India. However, the candidates must pass the entrance exam or fulfill the admission criteria.

Is only the CAT exam required to gain admission to top MBA colleges in India?

No. CAT is the major gateway to gaining admission to top MBA universities in India. However, the candidates can get admission based on various exams such as XAT/MAT/GMAT etc. The candidates must search the colleges accepting the scores of various exams.

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3 Answers

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2 Answers

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