Top 10 Colleges for MBA in India: Ranking, Fees, Placement, Cut-off, Admission criteria

Introduction

Looking for top colleges for MBA in India? Evaluate top ranking colleges, MBA fees structure, Placement, cut-off criteria. The Criteria for Ranking best Colleges for MBA are NIRF rankings & methodology, Alumni success & academic reputation, Faculty & infrastructure and Average Package.

College	Admission criteria	Avg. Package(₹ LPA)	Fees (Approx. in ₹)
IIM Ahmedabad (IIMA) -Ahmedabad	CAT	35–37	25–28
IIM Bangalore (IIMB) -Bangalore	CAT	34-36	24-27
IIM Calcutta (IIMC) -Kolkata	CAT	35-37	24-27
Indian School of Business (ISB) -Hyderabad	GMAT / GRE	33-35	40+
XLRI – Xavier School of Management -Jamshedpur	XAT	32-34	24-27
IIM Lucknow (IIML) -Lucknow	CAT	32-34	20-22
FMS – Faculty of Management Studies -Delhi	CAT	34-35	2
SPJIMR – S.P. Jain Institute of Management & Research -Mumbai	CAT / XAT / GMAT	33-34	20-22
IIM Kozhikode (IIMK) -Kozhikode	CAT	30-32	20-21
IIFT – Indian Institute of Foreign Trade -Delhi / Kolkata	CAT	25-28	21-23

Top 10 Colleges for MBA in India in detail

1. IIM Ahmedabad (IIMA)

• Type: Public IIM
• Fees: ₹25–28 Lakhs
• Average Package: ₹35–37 LPA
• NIRF Ranking : 1
• Specialties: Consulting, Strategy, Finance, Entrepreneurship

2. IIM Bangalore (IIMB)

• Type: Public (Autonomous), IIM
• Fees: ₹24–27 Lakhs
• Average Package: ₹34–36 LPA
• NIRF Ranking : 2
• Specialties: Product Management, Consulting, Tech Leadership

3. IIM Calcutta (IIMC)

• Type: Public (Autonomous), IIM
• Fees: ₹24–27 Lakhs
• Average Package: ₹35–37 LPA
• NIRF Ranking : 3
• Specialties: Finance, Analytics, Consulting

4. Indian School of Business (ISB)

• Type: Private
• Fees: ₹42–45 Lakhs
• Average Package: ₹33–35 LPA
• Global Ranking: 39 (ft Global MBA Rankings)
• Specialties: General Management, Strategy, Leadership, Digital Business

5. XLRI – Xavier School of Management

• Type: Private
• Fees: ₹24–27 Lakhs
• Average Package: ₹32–34 LPA
• NIRF Ranking: 9
• Specialties: Human Resources (Best in India), Business Management

6. IIM Lucknow (IIML)

• Type: Public (Autonomous), IIM
• Fees: ₹20–22 Lakhs
• Average Package: ₹32–34 LPA
• NIRF Ranking : 4
• Specialties: Operations, General Management, HR

7. FMS – Faculty of Management Studies, Delhi University

• Type: Public (Govt.)
• Fees: ₹2 Lakhs total
• Average Package: ₹34–35 LPA
• NIRF Ranking : 11
• Specialties: Marketing, Strategy, Consulting

8. SPJIMR – S.P. Jain Institute of Management & Research

• Type: Private (Autonomous)
• Fees: ₹20–22 Lakhs
• Average Package: ₹33–34 LPA
• NIRF Ranking : 6
• Specialties: Marketing, Operations, Finance, Family Business

9. IIM Kozhikode (IIMK)

• Type: Public (Autonomous), IIM
• Fees: ₹20–21 Lakhs
• Average Package: ₹30–32 LPA
• NIRF Ranking : 5
• Specialties: Analytics, Consulting, Gender Diversity Initiatives

10. IIFT – Indian Institute of Foreign Trade (Delhi & Kolkata)

• Type: Public (Deemed University under MoCI)
• Fees: ₹21–23 Lakhs
• Average Package: ₹25–28 LPA
• NIRF Ranking : 8
• Specialties: International Business, Trade, Logistics

Admission criteria for Top Colleges for MBA

The selection criteria is based on factors like academic record, entrance exam score and work experience:

Academic Record A bachelor’s degree from a recognized university with minimum 50% aggregate marks

Entrance Exam Score Admission is largely based on performance in national or university-level MBA entrance exams, like MAT/CMAT/ATMA, CAT (Common Admission Test), XAT, GMAT, SNAP, NMAT

Work Experience Most programs don’t require any prior work experience. However, it is a plus point during selection, especially for executive MBA or one-year programs.

After entrance exam shortlisting, candidates go through Selection rounds which include Group Discussion, Written Ability Test or Personal Interview.

Explore more about the:

• Scope of MBA
• List of MBA Colleges Without Entrance Exam
• Top MBA Colleges in Pune

FAQs-Top colleges for MBA in India