The List Of Top 20 MBA Colleges In India in 2023 (Updated)
Here we will discuss the top MBA colleges in India. Master of Business Administration (MBA) is one of the most popular PG degrees in India. Most Engineers do MBA in India after completing Under Graduate(UG) for the rise in their pay or start their Entrepreneurial journey.
MBA course gives knowledge about business and how you can manage a business. People pursue two years full-time MBA which consists of all theory classes and practical classes. Students from any stream can pursue an MBA degree.
Doing MBA from a reputed college is also very important in India. So here is the list of the top 20 MBA colleges in India.
1) Indian Institute of Management Ahmedabad
The college in the top 20 MBA colleges in India is the Indian Institute of Management Ahmedabad. It was founded in the year 1961.
The courses they offer are Post Graduate MBA, Doctorate, Executive MBA/PGDM education, and Certificate level courses.
They accept GMAT, GRE, GATE, UGC NET CSIR NET exams for admissions.
- The Ranking of the institute is 1st on NIRF.
- Ranked 2ND for IIMs by Outlook
International:
- Ranked 61 by Financial Times Global MBA Rankings
- Ranked 58 by Financial Times Executive Education Rankings (Open)
The median salary of a student studying is Rs 25.83 LPA
The maximum package got by the student is Rs 70 LPA (Domestic), Rs 83.531 LPA (International). The scholarships are based on Merit-based
The top Recruiters of Indian Institute of management
- Accenture
- HSBC
- Amazon
- Citi Bank202
- Barclays
- Aditya Birla Group
- P&G
- TATA
- Nokia among others.
2) IIM Bangalore.
The college in the top 20 MBA colleges in India is the Indian Institute of Management Bangalore. It was established in the year 1973.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. The two-year PGP leading to an MBA degree is one of the flagship programs of this business school and admissions are based on CAT exams.
They also accept GMAT, GRE, GATE exams for admissions. The Ranking of the institute is 2nd on NIRF. It is first by Outlook 2020 and the Number one ranked institute by Business world.
The median salary of a student studying is Rs 25 LPA (PGP).
They also give scholarships based on Merit-based and Scholarships for reserved category students.
The top recruiters of the Institute are :
- Amazon
- Bain & Company
- Accenture Strategy
- Goldman Sachs
- The Boston Consulting Group
- Kearney
- McKinsey & Company
- Microsoft
- AB InBev
- Avendus Capital,
- HUL
You may also be interested in our article on the Top BBA Colleges In India
3)Indian Institute of Management Calcutta.
The next college in the top 20 MBA colleges in India is the Indian Institute of Management Calcutta. Indian Institute of Management Calcutta is a public school it is located in Calcutta. It was founded in the year 1961.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses.
- Agribusiness Management
- Business Environment (Economics)
- Business Sustainability.
They also accept GMAT, GRE, GATE exams for admissions. The Ranking of the institute is 3rd on NIRF. It is third by Outlook 2020. The median salary of a student studying is Rs 27.9 LPA. The maximum package got by the student is 80.9 lakhs.
The top recruiters of the Institute are :
- Tata Administrative Service (TAS)
- Aditya Birla Group
- Mahindra & Mahindra
- Reliance Industries
- Vedanta
- TrueNorth
- Hindustan Unilever
- Colgate-Palmolive
- ITC
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4) Indian Institute of Management Lucknow.
The next college in the top 20 MBA colleges in India is the Indian Institute of Management Lucknow. Indian Institute of Management Lucknow. is a public school it is located in Lucknow. It was founded in the year 1984. The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses.
The two-year PGP leading to an MBA degree is one of the flagship programs of this business school and admissions are based on CAT exams.
They also accept GMAT, GRE, GATE exams for admissions.
- The Ranking of the institute is 4th on NIRF.
- Ranked 5 for MBA by Outlook 2020
- Ranked 4 for IIMs by NIRF 2019
The median salary of a student studying is Rs 24.25 LPA. The maximum package got by the student is Rs 54 LPA (Domestic), Rs 58.47 LPA (International).
The top Recruiters of the Indian Institute of Management Lucknow
- Accenture
- Amazon
- Deloitte India
- PricewaterhouseCoopers
- The Boston Consulting Group
- Deloitte USI
- Bain & Company
- Reliance Jio
- Mastercard
- Flipkart
- JDA Software
- American Express
- Avendus Capital
- Citi
- EXL Services
- Landmark Group
- RPG Group
- Asian Paints
- ICICI Bank
- Mckinsey & Company
- Royal Bank of Scotland
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5) VGSOM IIT Kharagpur
The college in the top 20 MBA colleges in India is the Vinod Gupta School of Management. Vinod Gupta School of Management is a public school it is located in Lucknow. It was founded in the year 1984.
The courses they offer are MBA Human Resource Management, Finance, Marketing.
Executive MBA, PhD, PG Diploma in Management, Diplom. They also accept GMAT, GRE, GATE exams for admissions. The maximum package got by the student is Rs 22.11 LPA.
The top Recruiters of Indian Institute of management
- Accenture Digital
- Amazon
- Deloitte
- Mckinsey
- Genpact
- IBM
- ITC Infotech
- net
- Virtusa
- Wipro Tech
- PwC
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6) Indian Insitute of Management Kozhikode
The next college in the top 20 MBA colleges in India is the Indian Institute of Management Kozhikode. Indian Institute of Management Kozhikode is a public school it is located in Kozhikode. It was founded in the year 1996.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept GMAT, GRE, GATE exams for admissions. The Institution is in the sixth position by NIRF 2020 and Outlook-India ICARE 2020.
The median salary of a student studying is Rs 20.8 LPA The maximum package got by the student is Rs 58 LPA
The top Recruiters of Indian Institute of management
- Cognizant
- Tata Consultancy Services
- Amazon
- EY
- Accenture
- IBM
- Wipro Limited
- Infosys
- Capgemini
- ICICI Bank
- SAP
- Microsoft
- HSBC
- Flipkart
- IIM Kozhikode
7) Indian Insitute of Management Indore.
The college in the top 20 MBA colleges in India is the Indian Institute of Management Indore. Indian Institute of Management Indore is a public school it is located in Indore. It was founded in the year 1996. The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses.
They accept PGP, PGPHRM based on CAT
- E-PGP on GMAT
- IPM: IPMAT
- IPBA: CAT/GMAT
- The Ranking of the institute is seventh on NIRF in 2020
- It is ranked fourth for IIMs by Outlook 2020
The median salary of a student studying is Rs 22.9 LPA. The maximum package got by the student is Rs 50 LPA
The top Recruiters of Indian Institute of management
- Accenture
- ACG
- Amazon
- Cipla
- Asian Paints
- Capgemini
- Deloitte
- EY
- Flipkart
- HP and
- IBM
8) Department of Management Studies, IIT Delhi
The college in the top 20 MBA colleges in India is the Department of Management Studies, IIT Delhi. Department of Management Studies, IIT Delhi is a public school and Autonomous it is located in Delhi. It was founded in the year 1996.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses.
They accept PGP, PGPHRM based on CAT
- E-PGP on GMAT
- IPM: IPMAT
- IPBA: CAT/GMAT/GRE
Ranking
- It is Ranked fourth for IIMs by Outlook 2020.
- It is ranked eighth for MBA by NIRF 2020
The median salary of a student studying is Rs 22.9 LPA. The maximum package got by the student is Rs 50 LPA.
The top Recruiters of Department of Management Studies, IIT Delhi
- Accenture
- ACG
- Amazon
- Cipla
- Asian Paints
- Capgemini
- Deloitte
- EY
- Flipkart
- HP
- IBM
9) XLRI- Xavier School of Management
The next college in the top 20 MBA colleges in India is the XLRI- Xavier School of Management. XLRI- Xavier School of Management is a Private school it is located in Delhi-NCR and Jamshedpur. It was founded in the year 1949.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept XAT, XL-RAPT, UGC NET, JRF, GMAT, GRE, GATE
Ranking
- The Week 2020: No 1 Private B-school
- Outlook India 2020: No. 1 private B-school
The median salary of a student studying is Rs 24.30 LPA (in 2020). The maximum package got by the student is Rs 58.5 LPA (in 2020).
The top recruiters of XLRI- Xavier School of Management.
- Boston Consulting Group
- Nestle India Limited
- TCS
10) MDI Gurgaon- Management Development Institution
The college in the top 20 MBA colleges in India is the MDI Gurgaon- Management Development Institution. MDI Gurgaon- Management Development Institution is a Private school it is located in Gurgaon. It was founded in the year 1973.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They accept For PGPM, PGP-HRM, PGP-IB, NMP, and PGP-Energy Management through CAT or GMAT.
- PGDM (Executive Management Programme) through MDI admission test/ CAT /GMAT
- FPM/E-FPM through CAT/GMAT/GRE/UGC-JRF
Ranking
- 3 for Private MBA by Outlook 2020
- 10 for Private MBA by NIRF 2020
- 6 for MBA by Times 2020
The median salary of a student studying is Rs 22.05 LPA. The maximum package got by the student is Rs 40.5 LPA.
The top Recruiters of MDI Gurgaon- Management Development Institution.
- Amazon
- Airtel
- Asian Paints
- Bajaj Auto
- BCCL Boston Scientific
- Bridgestone, Castrol
- Coca-Cola, Flipkart
- Godrej Industries Ltd
11. Shailesh J Mehta School of Management
The next college in the top 20 MBA colleges in India is the Shailesh J Mehta School of Management, IIT Bombay. Shailesh J Mehta School of Management, IIT Bombay is a public school it is located in Bombay. It was founded in the year 1995.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept CAT, GMAT, GRE, GATE, UGC NET, UGC JRF, CSIR NET, and CSIR JRF for examinations
Ranking
- 11 for MBA by NIRF 2020
- 42 for MBA by Economic Times 2019
- 1 in QS India Ranking 2019
The median salary of a student studying is Rs 20.98 LPA. The maximum package got by the student is Rs 32.80 LPA.
The top Recruiters of Shailesh J Mehta School of Management, IIT Bombay
- Accenture
- JPMC
- PwC
- IBM Consulting
- Asian Paints
- Wipro
- Capgemini
- ICICI Bank
12) National Institute of Industrial Engineering
The next college in the top 20 MBA colleges in India is the National Institute of Industrial Engineering. National Institute of Industrial Engineering is a public school it is located in Mumbai. It was founded in the year 1963.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept GMAT, GATE exams for admissions. The Ranking of the institute is 12th on NIRF.
The median salary of a student studying is Rs 20.88 LPA. The maximum package got by the student is Rs 58.24 LPA
The top Recruiters
- Colgate-Palmolive
- Dabur
- Diageo
- GCPL
- HUL
- ITC
- Johnson & Johnson
- L’Ore’al
- Marico
- McCain
- Mondelez
- Nestle’
- Nivea
- P&G
- RP-SG
13) Indian Institute of Technology, Roorkee
The college in the top 20 MBA colleges in India is the Indian Institute of Technology, Roorkee. Indian Institute of Technology, Roorkee is a public school it is located in Roorkee. It was founded in the year 1867.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. The two-year PGP leading to an MBA degree is one of the flagship programs of this business school and admissions are based on CAT exams.
They also accept CAT exams for admissions. The Ranking of the institute is 12th on NIRF. The median salary of a student studying is Rs 10 LPA.
The top Recruiters of the Indian Institute of Technology
- Accenture
- Amazon
- Deloitte India
- PricewaterhouseCoopers
- The Boston Consulting Group
- Deloitte USI
- Bain & Company
- Reliance Jio
- Mastercard
- Flipkart
- JDA Software
- American Express
- Avendus Capital
- Citi
- EXL Services
- Landmark Group
- RPG Group
- Asian Paints
- ICICI Bank
- Mckinsey & Company
- Royal Bank of Scotland
14) DoMS IIT Madras
The college in the top 20 MBA colleges in India is the DoMS IIT Madras – Department of Management Studies. It is a 600-acre campus.
DoMS IIT Madras – Department of Management Studies is a public school it is located in Madras. It was established in the year 2004.
The courses they offer are 1 UG, 3 PG courses, and 1 Doctorate course. Prominent courses include MBA, EMBA, PGPEX-VLM, MS, and PhD.
The main course of the IIT Madras BTech program. It is a new program which was started in the year 2004. They accept CAT exams and GMAT exams for Non-resident Indians and foreigners. The ranking of the university is 15th by NIRF.
The median salary of a student studying is Rs Rs 12.44 LPA (MBA program) LPA. The maximum package got by the student is Rs 29.06 LPA.
The top Recruiters of Indian Institute of management
- Accenture
- Amazon
- Ameex
- Carwale
- Dell
- Cisco
- Micron
- Tata
15) Indian Institute of Management Trichy, Trichy
The next college in the top 20 MBA colleges in India is the Indian Institute of Management Trichy. Indian Institute of Management Trichy is a public school it is located in Trichy. It was founded in the year 2011.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept GMAT, GRE, GATE exams for admissions.
- It is ranked 33 for MBA by BW Business World 2019.
- Ranked 19 for E-MBA by Business Today 2019.
- Ranked 10 for MBA by Outlook 2020.
- Ranked 14 for MBA by NIRF 2019.
- Ranked 16 for MBA by Business Today 2019.
The median salary of a student studying is Rs Rs 14.91 LPA. The maximum package got by the student is Rs Rs 35.15 LPA
The top Recruiters of Indian Institute of management
- Bosch
- Cognizant
- Deloitte
- HCL
- Larsen Toubro
- Infosys
- Microsoft
- SBI
- The World Bank
- Accenture
- Standard Chartered
- ExL
- Bharat Petroleum
- Amazon
- Ultra Tech Cement
- ICICI Bank
- KPMG
- Kotak Mahindra Bank
16) Indian Institute of Technology, Kanpur.
The next college in the top 20 MBA colleges in India is the Indian Institute of Technology, Kanpur. Indian Institute of Technology Kanpur is a public school it is located in Kanpur. It was founded in the year 1974.
The courses they offer are Under Graduate, Post Graduate, Doctorate, Executive education, and Certificate level courses.
They also accept CAT, GMAT, GRE, GATE exams for admissions.
Ranking
- The Ranking of the institute is 16th on NIRF.
- Ranked 5th in Engineering by Outlook Ranking 2019.
- Ranked 6th overall by QS Ranking 2020.
The median salary of a student studying is INR 11.02 LPA. The maximum package got by the student is INR. 62.28 LPA.
The top Recruiters
- Infosys
- ICICI Bank
- Tres Vista
- Ford
- GAIL Limited
- IBM Sapient
- Reckitt Benckiser
- Indiamart
- HDFC Bank
- Deloitte
- Cognizant Technology Services
- HSBC
- Ecom Express
- EXL Zirca
17) Indian Institute of Management, Udaipur
The next college in the top 20 MBA colleges in India is the Indian Institute of Management Udaipur. Indian Institute of Management Udaipur is a public school it is located in Lucknow. It was founded in the year 2011.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept courses MBA (General) MBA GSCM (Global Supply Chain Management), MBA DEM (Digital Enterprise Management), PhD.
They accept CAT for admissions to the Indian Institute of Management of Udaipur.
They also accept GMAT, GRE, GATE exams for admissions.
- Ranked 17 for MBA by NIRF 2020
- Ranked 19 for MBA by The Week 2020
- Ranked 3 for Overall by TOI 2020
- Ranked 13 for MBA by NIRF 2019
- Ranked 21 for MBA by India Today 2019
- Ranked 24 for MBA by The Week 2019
The median salary of a student studying is Rs 24.25 LPA. The maximum package got by the student is Rs 54 LPA (Domestic), Rs 58.47 LPA (International).
The top Recruiters
- Axis Bank
- Deputy Manager
- Goldman Sachs
- Investment Banking Analyst
- American Express
- Management Trainee
- ICICI Bank
- Kotak Mahindra Bank
- IndiaFirst
- IIFL
- Oxane Partners
- Societe Generate
- RBS
- RBL
- Ujjivan Bank
- Airtel Payments Bank
18)SP Jain Institute Of Management And Research
The next college in the top 20 MBA colleges in India is the SP JAIN INSTITUTE OF MANAGEMENT AND RESEARCH – [SPJIMR], MUMBAI.
SP JAIN INSTITUTE OF MANAGEMENT AND RESEARCH – [SPJIMR], is a private school it is located in Mumbai. It was founded in the year 1981. The area of the campus is 45 acres.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses.
- Entrepreneurship Programs
- Start Your Business Program (SYB).
- Grow Your Business Program (GYB).
- Global Programs
- Doing Business in India (DBI).
- Global Management Program (GMP).
- Executive Education
- Management Development Program (MDP)
- Project Management Program
- Executive Certificate Program in Big Data Analytics
- Supply Chain Management (SCM)
- Marketing Analytics (MA)
- Social Sector Program
- Centre of Education in Social Sector (CEdSS)
- Post-Graduate Program in Development Management (PGPDM)
- SocialBrics- Management Development Program
They accept GMAT, NMAT, CAT, XAT, GREs for admissions.
Ranking
- Ranked 2 for Private MBA by Outlook
- Ranked 18 for Private MBA by NIRF
The median salary of a student studying is Rs 25 LPA. The maximum package got by the student is Rs 51 LPA.
The top Recruiters are as follows:
- Amazon
- Mahindra
- Deloitte
- PwC
- EY
- Uber
- Britannia
- Bajaj Auto
- Castrol
- Airtel
- Procter & Gamble,
- General Mills
19) Indian Institute of Management Raipur.
The next college in the top 20 MBA colleges in India is the Indian Institute of Management Raipur. Indian Institute of Management Raipur is a public school it is located in Raipur. It was established in the year 2010.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept CAT, GMAT, GRE, GATE exams for admissions.
Ranking
- Ranked 19th by NIRF
- Ranked 9th by Outlook-ICARE
The median salary of a student studying is INR 15.2 LPA. The maximum package got by the student is INR 28.12 LPA (Domestic), INR 46 LPA (International).
The top Recruiters of Indian Institute of management
- ICICI Bank
- Deloitte India
- Cognizant
- Accenture
- com
- Axis Bank
- Deloitte
- Vedanta Resources Limited
- Amazon
- UltraTech Cement
- Maruti Suzuki Limited
- Indian Oil Corporation Limited
20) Indian Institute of Management Ranchi.
The next college in the top 20 MBA colleges in India is the Indian Institute of Management Ranchi. Indian Institute of Management is a public school it is located in Raipur. It was established in the year 2010. The area of the campus is 90.14 acres.
The courses they offer are Post Graduate, Doctorate, Executive education, and Certificate level courses. They also accept CAT, GMAT, GRE, GATE exams for admissions.
Ranking
- 25 for MBA by Outlook 2020
- 28 for Management by NIRF 2019
- 34 for MBA by Composite Rank 2019
The median salary of a student studying is Rs 15.02 LPA. The maximum package got by the student is Rs 26 LPA.
The top Recruiters of the Indian Institute of Management
- ICICI Bank
- Cognizant
- Tata Steel
- Capgemini
- IBM
- Maruti Suzuki India Limited
- ICICI Lombard
- Indian Oil Corporation Limited
- Larsen & Turbo
- Coal India Limited
- Berger Paints Limited
- Tata Motors
Conclusion.
These are the top 20 MBA colleges in India offering the best programs with high paying jobs. Do let us know in the comments if you have questions about your college admission.
Useless list. Where is FMS, JBIMS, TISS, IIFT, ISG, NMIMS, SIBM??