List of Top Management Colleges in India Based on 2022 Ranking

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Sushil Pandey

Updated on - Mar 19, 2022

There are around 6804 Management colleges in India, out of which 1200 are government while 5478 are private Management colleges in India. The top Management colleges in India offer several Management courses such as MBA, BBA, BBM, PGDM, etc at UG, PG and Masters level. Some of the top private Management colleges in India include XLRI Jamshedpur, Vinod Gupta School of Management - [VGSOM], MDI Gurgaon and many others. 

  • IIM Ahmedabad, IIM Bangalore, IIM Calcutta are the top ranked Management colleges in India by NIRF, India Today, The Week, etc. Also they are ranked among the best MBA colleges in India. 
  • Admission to the top Management colleges in India is done through entrance exams such as GMAT, CAT, GRE, SNAP, XAT, etc. followed by a Group discussion or personal interview round. 
  • Some of the top MBA colleges in India except IIM are XLRI Jamshedpur, MDI Gurgaon, S. P. Jain Institute of Management and Research, etc.
  • The average fees for pursuing Management courses in India ranges between INR 50,000 to 40 Lakhs per year depending upon the colleges. DOMS Chennai and IISM Ahmedabad are few top MBA colleges in India with fees less than 1.5 lakhs per year.
  • Top Management colleges in India offer good placement opportunities with high salary packages. The average CTC offered to the students is around INR 23 LPA. IIM Ahmedabad, XLRI Jamshedpur, MDI Gurgaon are some of the best MBA colleges in India with best ROI (Return of Investment).
  • The highest recorded CTC package offered is at INR 1.32 CPA by IIM Ahmedabad, one of the best MBA colleges in India, ranked 1st by NIRF.

able of Content

  1. Top Management Colleges in India Ranking

1.1 NIRF Ranking 2021

1.2 Economic Times Ranking

1.3 Jagran Josh Ranking

1.4 Dalal Street Ranking

  1. Top Management Colleges in India with Fees
  2. Top Management Colleges in India ROI
  3. Top Management Colleges in India Cut Off

4.1 Top BBA Colleges in India with Cut Off

4.2 Top MBA Colleges in India with Cut Off

4.3 Top MMS Colleges in India with Cut Off

  1. Distance MBA Colleges
  2. Online MBA Colleges
  3. Top Management Colleges in India Admission Process

7.1 IIM Bangalore

7.2 MDI Gurgaon

7.3 XLRI Jamshedpur

  1. Top Management Colleges in India Region Wise

8.1 Maharashtra

8.2 Delhi NCR

  1. Top Management Colleges in India Entrance Exam Wise

9.1 AIMA UGAT

9.2 CAT

9.3 MAT

  1. Top Management Colleges in India for Finance
  2. Top Management Colleges in India for Marketing
  3. Top Management Colleges in India Placements
  4. FAQs

Top Management Colleges in India with NIRF Ranking 2021

As the table depicts, most of the top Management colleges in India have shown improvement in their rankings, compared to previous years.

  • IIM Ahmedabad has continued to be the best Management college in India 2021 as per NIRF ranking survey 2021.
  • IIM Bangalore now ranks 2nd followed by IIM Calcutta at the 3rd spot.
  • IIM Kozhikode has also shown an improvement of 2 ranks as it jumps from 6th to 4th position.
  • The best improvement has been shown by NITIE Mumbai which has improved by 17 positions and now ranks at the 12th position in India.
  • Xavier Labour Relations Institute (XLRI) has also shown a good improvement. It has overtaken IIT Bombay and IIT kharagpur to rank among the top 10 Management colleges in India.

The top Management Colleges in India 2021 according to NIRF 2021 Ranking are:

NIRF 2021 Ranking College Name NIRF Score
1 Indian Institute of Management, Ahmedabad 83.69
2 Indian Institute of Management, Bangalore 83.48
3 Indian Institute of Management, Calcutta 80.04
4 Indian Institute of Management, Kozhikode 73.34
5 Indian Institute of Technology, Delhi 72.15
6 Indian Institute of Management, Indore 71.10
7 Indian Institute of Management, Lucknow 71.02
8 Xavier Labour Relations Institute (XLRI) 69.93
9 Indian Institute of Technology, Kharagpur 69.50
10 Indian Institute of Technology, Bombay 68.08
11 Management Development Institute 67.59
12 National Institute of Industrial Engineering, Mumbai 64.52
13 Indian Institute of Technology, Madras 64.32
14 Indian Institute of Technology, Roorkee 63.79
15 Indian Institute of Management, Raipur 62.12
16 Indian Institute of Technology Kanpur 61.31
17 Indian Institute of Management Tiruchirappalli 61.10
18 Indian Institute of Management Udaipur 60.94
19 S. P. Jain Institute of Management & Research 58.73
20 Symbiosis Institute of Business Management 58.64

The following chart shows the NIRF Ranking Parameters and the weightage they have.

NIRF Ranking parameters weightage

Source: nirfindia.org

Top Management Colleges in India with Economic Times Ranking

College Name MBA Ranking by Economic Times 2020
IIM Ahmedabad 1
XLRI Jamshedpur 2
IIM Bangalore 3
Symbiosis Pune 4
IIM Calcutta 5
NMIMS Mumbai 6
IMT Ghaziabad 7
IIM Lucknow 8
MDI Gurgaon 9
JBIMS Mumbai 10
IIM Kozhikode 11
ISB Hyderabad 12
SPJIMR Mumbai 13
Amity Business School Noida 14
FMS Delhi 15

The ranking from the Economic Times remains is the same as that in 2021, apart from 2 colleges interchanging their positions.

  • The Indian Institute of Management Ahmedabad ranks as the best MBA college in India here also.
  • JBIMS Mumbai and Amity Noida are the 2 colleges which have interchanged their positions this year.
  • While JBIMS Mumbai has improved by 4 ranks, Amity has dropped by 4 ranks.

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.

Top Government Management Colleges in India by Jagran Josh

College Name Jagran Josh Ranking 2020
IIM Bangalore 1
IIM Ahmedabad 2
IIM Calcutta 3
IIM Kozhikode 4
IIM Lucknow 5
IIM Indore 6
IIT Bombay 7
IIM Trichy 8
FMS Delhi 9
IIM Udaipur 10

Top Private Management Colleges in India by Jagran Josh

College Name Jagran Josh Ranking 2020
XLRI Jamshedpur 1
SPJIMR Mumbai 2
MDI Gurgaon 3
TAPMI Manipal 4
Narsee Monjee Mumbai 5
IMI New Delhi 6
Symbiosis Pune 7
IMT Ghaziabad 8
BITS Pilani 9
MIT Pune 10

The often-talked-about top 3 IIMs, IIM A, B, and C have maintained their top ranks this year too in the ranking list released by Jagran Josh agency. The agency’s surveys are conducted by industry leaders and are based on the following eligibility criteria.

  • The institute should offer a 2-year duration full-time management course.
  • A government body should have recognized the institute.
  • A minimum of 3 batches must have passed out from the institute.

Top Management Colleges in India with Dalal Street Ranking

College Name Dalal Street Ranking 2019
XLRI Jamshedpur 1
MDI Gurgaon 2
SP Jain Mumbai 3
IIT Delhi 4
FMS Delhi 5
IIFT Delhi 6
IIT Bombay 7
NMIMS Mumbai 8
SIBM Pune 9
NITIE Mumbai 10

Dalal Street ranks XLRI Jamshedpur as the best management college in India. XLRI (Xavier Labour Relations Institute), also known as Xavier School of Management, offers multiple management courses to students. Check the complete list of courses here.

  • Other top management colleges in India ranked by Dalal Street include MDI Gurgaon, SPJIMR Mumbai and FMS Delhi among others.
  • Among the technical institutes, IIT Delhi and IIT Bombay have shown good improvements in the previous year. IIT Delhi has improved its position by 2 positions while IIT Bombay has improved by 5.
  • FMS Delhi and NMIMS Mumbai are the 2 institutes which have seen a drop in ranking this year.

The following graph shows the division of these institutes by zones:

top management colleges in India zone wise

Source: dsij.in

Top Management Colleges in India with Fees

College Name Average MBA Fees
IIM Ahmedabad INR 23,00,000
IIM Bangalore INR 23,15,000
IIM Calcutta INR 27,00,000
IIM Lucknow INR 21,00,000
IIM Indore INR 15,72,000
IIM Kozhikode INR 17,50,000
IIM Rohtak INR 16,70,000
IIM Udaipur INR 6,16,000
ISB Hyderabad INR 37,50,000
IIT Bombay INR 10,00,000
IIT Delhi INR 9,60,000
IIT Madras INR 8,00,000
IIT Roorkee INR 8,20,000
NIT Trichy INR 1,94,000
IIT Kharagpur INR 10,44,000
XLRI Jamshedpur INR 23,60,000
MDI Gurgaon INR 18,85,000
Symbiosis Pune INR 19,20,000
Narsee Monjee Mumbai INR 18,50,000
SPJIMR Mumbai INR 17,50,000
Great Lakes Chennai INR 16,00,000
JBIMS Mumbai INR 1,00,000
FMS Delhi INR 1,92,000
NITIE Mumbai INR 12,00,000
IIFT New Delhi INR 15,20,000
TAPMI Manipal INR 14,00,000
ICFAI Hyderabad INR 14,00,000

Top Private Management Colleges in India with Best ROI (Return on Investment) in 2022

College Name Average Annual Fee Average Salary Package ROI Rank*
XLRI Jamshedpur INR 4,26,000 INR 22,35,000 1
SIBM Pune INR 5,90,000 INR 17,48,000 2
SPJIMR Mumbai INR 9,30,000 INR 22,90,000 3
MDI Gurgaon INR 9,43,000 INR 20,13,000 4
Lovely Professional University [LPU] INR 2,90,000 INR 6,00,000 5
IMT Ghaziabad INR 10,35,000 INR 12,50,000 6
SIBM Bangalore INR 8,20,000 INR 9,79,000 7
ISB Hyderabad INR 34,63,000 INR 25,06,000 8
Great Lakes Chennai INR 16,00,000 INR 11,00,000 9

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

ROI or Return on Investment shows how fruitful it is to pursue a management course from a particular institute. ROI gives an idea of how many years it would take to recover the money invested in an MBA or BBA course. It matters more in the case of a career oriented course like MBA as compared to BBA. Therefore, the following table lists the top private MBA colleges in India ROI wise.

FMS Delhi is the best management institute in India when it comes to ROI.Based on the basic calculation of money invested and the returns received, ROI compares the average fees of a college and the average salary received by students.

  • XLRI Jamshedpur ranks 1 in the above table. This top private management college in India has managed to maintain this reputation for years.
  • Symbiosis Pune ranks better than Symbiosis Bangalore in terms of return on investment (ROI).

Top Management Colleges in India with Cutoff

Colleges release cutoff lists of top management exams to admit students in their programs, while some also give admission on the basis of merit list. Mostly BBA admissions are done directly through merit on the basis of class 12 scores.

  • These cutoff lists also have provisions of reservation for the caste category students and sometimes also include State Quotas.
  • Many times, colleges release lists in multiple rounds in an attempt to fill all the seats for that course.

We have made some lists below of the cutoff score lists released by top colleges in India.

Top BBA Colleges in India with Cutoff

This cutoff data in the table above is just about the General category students. To know what score students of other categories need to achieve, click on the links below.

Top MBA Colleges in India with Cutoff

  • IIM Ahmedabad and IIM Bangalore have the highest cutoff followed by IIM Calcutta and IIM Lucknow.
  • Rest, IIM Raipur, IIM Ranchi and IIM Kashipur, all of their cutoffs are >= 95.
Name of the IIM college  Expected CAT cut-off in percentile 
IIM Ahmedabad 100-99 
IIM Bangalore  100-99 
IIM Calcutta  99
IIM Lucknow  97-98 
IIM Indore  97-98 
IIM Kozhikode  97-98 
IIM Amritsar  95-96 
IIM Nagpur  95-96 
IIM Sambalpur  95-96 
IIM Tiruchirappalli  94-95 
IIM Raipur  94-95 
IIM Ranchi  94-95 
IIM Kashipur  94-95 

To know more details of these cutoffs, check the links below.

MBA Colleges for 50-60 Percentile in CAT 2021

Tabulated below is the list of MBA colleges for CAT percentile list between 50-60.

College Name Cutoff
SMS, Lucknow 50-60
EDI, Ahmedabad 50-60
NDIM, Delhi 50-60
School of Management Sciences, Varanasi 50-60
Asian Business School, Noida 50-60
International Institute of Management Studies, Pune 50-60

Top MMS Colleges in India Cutoff

College Name Cutoff
JBIMS Mumbai 96 (CAT)
SIMSREE Mumbai 144 (MAH CET)
SIESCOMS Mumbai 80 (CMAT)
IISc Bangalore 90 (CAT)
Bharati Vidyapeeth, Navi Mumbai 108 (MAH CET)
XIMR Mumbai 123 (MAH CET)

Top Management Colleges in India for Distance MBA

Top Management Colleges in India for Online MBA

College Name Average Fees
Amity University, Noida INR 2,50,000
Jaipur National University (JNU), Jaipur INR 55,800
Pondicherry University, Directorate of Distance Education INR 45,000
National Institute of Business Management, Chennai INR 14,700
ITM University, Gwalior INR 80,000

Top Management Colleges in India: Admission Process 2022

There are 6804 management colleges in India providing quality education to students. These include 4014 private and 701 public-funded management colleges. Admissions to most of the top management colleges in India are done through management entrance exams.

  • For the bachelor’s degree, IPU CET, BUMAT, and JSAT are some of the popular exams. These exams admit students in courses like BBA and BBM.
  • For the master degree courses like MBA, the top management entrance exams include CAT, XAT and CMAT.
  • Admissions are done mainly in 3 steps, Written Test, Group Discussion, Personal Interview.

IIM Bangalore

Indian Institute of Management Bangalore or popularly known as IIM Bangalore was established in 1973 and is one of the best Management colleges in India as well as in the world. Famous for its MBA program, it is ranked at 35 position globally according to QS World MBA Ranking 2021 and also ranks 33rd globally by QS World EMBA Rankings 2022. The Institute is approved by UGC & AICTE and it offers various Management courses at UG, PG and PhD level. IIM Bangalore is one of the best colleges for MBA in Mumbai and regarded as one of India's best b schools and Central Asia.

  • IIM Bangalore holds its place and is ranked 2nd again by NIRF among the top MBA colleges in India for its MBA program.
  • IIM Bangalore is known for its flagship MBA & EMBA program and offers admission on 412 seats in both courses.
  • Admission into MBA and other Management courses is done through entrance exams GMAT / GRE / CAT / GATE / JRF or followed by a Personal interview. 
  • IIM Bangalore cutoff in the CAT exam to qualify for admission is 85 percentile. However, shortlisted candidates are selected after Group Discussion.
  • IIM Bangalore MBA fees is INR 23 lakhs, however IIM Bangalore also offers some other Management courses with the same average fees.

IIM Bangalore Placements

  • IIMB is well known for it's lucrative placement packages and popular for it's high ROI (Return of Investment).
  • The average CTC offered to the students at IIM Bangalore is around INR 25 LPA, however the highest placement package is 80 LPA by Bloomberg for batch 2021.
  • IIMB also witnessed a 100% placement record for batch 2019-21 and is ranked 3rd by BT-MDRA Best B-School Survey under the category of the Placement Experience.
  • Tata Consultancy Services, IBM Consulting, McKinsey and Company, Boston Consulting Group, etc. are some of the popular top-notch companies that take part in IIM Bangalore placements

Check: IIM Bangalore Admission 2022

Particulars Placement Statistics (2019-21) Placement Statistics (2020-22)
Number of Students 525 513
Number of Offers 532 662
Number of Offers Accepted 517 -
Number of Companies Participated 150 -
PPOs Offered 193 -
PPOs Accepted 110 -
Highest CTC INR 80 LPA -
Average Domestic CTC (PGP) INR 28.98 LPA -
Top Sectors Consulting and General Management Consulting
Top Recruiters Amazon, Accenture Strategy, Bain & Company Goldman Sachs, Adani Group

MDI Gurgaon

Management Development Institute or MDI Gurgaon is one of the most prestigious and one of the top MBA colleges in India. MDI Gurgaon was established in 1973 and approved by AICTE and NBA (National Board of Accreditation). Also known as the Economic Centre of the country, the Institute offers several popular Management courses including PGDM, PGP-HRM, etc. MDI Gurgaon is one among the best MBA colleges in India and is ranked 8th by BT-MDRA 2021 survey ranking among the top B-schools in India. 

  • MDI Gurgaon is ranked 11 by NIRF among the top Management colleges in India and also ranked among the top MBA colleges in India
  • MDI Gurgaon is the first institute in India and 2nd in Asia to get accredited by ‘Association of MBAs’ (AMBA). It is also accredited by South Asian Quality Assurance System (SAQS).
  • MDI Gurgaon is famous for its PGDM programs and intakes around 420 students yearly. Also it is well known for its finest and one of the largest Student Exchange programs in the country. 
  • MDI Gurgaon admission criteria for PGDM and other Management courses is done through entrance exams GMAT / GRE / CAT / followed by a Group Discussion or Personal interview rounds.  
  • MDI Gurgaon cut off for the CAT exams usually stays more than 95 percentile, however for GMAT exam a minimum of 640 marks is required for admission.
  • MDI Gurgaon fees range between INR 2.3 - 10.85 LPA for PGDM courses while MDI Gurgaon fees for Fellowship program is INR 38,000.

MDI Gurgaon Placements

  • MDI Gurugram is well known for its impeccable placement records and assures a high Return of Investment (ROI).
  • Around 128 top-notch companies take part in the MDI Gurgaon placements and make several lucrative offers with high packages. 
  • MDI Gurgaon average package offered to the students is around INR 23.15 LPA, however the highest placement package fetched is INR 44 LPA for batch 2021.
  • Some of the top recruiters who participated in the placement drive were- Deloitte, Airbnb, BMW Group India, D.E. Shaw, Google, Johnson and Johnson, Reckitt Benckiser, The Chesapeake Group, Thoucentric, ZS Associates, and etc.

XLRI Jamshedpur

XLRI Jamshedpur is one of the top management colleges in India located in the eastern state of Jharkhand.

  • The institute has been ranked 9th in India by NIRF ranking 2022.
  • Dalal Street has ranked XLRI Jamshedpur as the best management college in India in 2022.
  • The institute was established in 1949 and offers multiple management programs at both bachelors and masters level.
  • XLRI Jamshedpur is accredited by AACSB, an accreditation earned by less than 5% of the world’s business schools.

XLRI Jamshedpur also offers executive management education to the students. XLRI Jamshedpur placements stats are given below.

No. of Recruiters 104
Offers 358
Average Package INR 22.35 lakh
Highest Package INR 50 lakh

There are many scholarships offered by the institute to students. Read what students have to say about XLRI Jamshedpur Scholarships.

Top Management Colleges in India: Region Wise

There is a long list of top management colleges in India.

  • Maharashtra emerges as the biggest player with 837 colleges.
  • Other popular destinations for pursuing management education in India include Tamil Nadu, Uttar Pradesh, and Delhi NCR.

Top Management Colleges in Maharashtra

Maharashtra is the home to around 911 recognized Management colleges in India. Most of the top Management colleges in Maharashtra are in popular cities like Mumbai and Pune. Also, there are some of the best colleges for MBA in Mumbai. Tabulated below are the top Management colleges in in Maharashtra with fees:

College Name Total MBA Fees
IIT Bombay INR 1,00,000
SP Jain Mumbai INR 17,50,000
JBIMS Mumbai INR 1,00,000
BITSoM INR 24,50,000
Symbiosis Pune INR 19,20,000
Narsee Monjee Mumbai INR 18,50,000
NITIE Mumbai INR 12,00,000
WESCHOOL Mumbai INR 22,00,000
IMED Pune INR 4,50,000
KJ Somaiya Mumbai INR 14,34,000
IMT Nagpur INR 12,10,000
SIMSREE Mumbai INR 1,38,000
BIMM Pune INR 8,90,000
SIES COMS Mumbai INR 9,00,000
PIBM Pune INR 15,90,000
BIMHRD Pune INR 8,90,000

Top Management Colleges in Delhi NCR

Delhi hosts the highest number of Management colleges in India, there are around 229 top management colleges in Delhi. Management colleges in Delhi are famous for their MBA / PGDM programs. Top MBA colleges in Delhi NCR include IIM Delhi, MDI Gurgaon, IIFT Delhi and many others. They are also some among the top MBA colleges in India Placement Wise. The following table represents the top MBA colleges in Delhi NCR:

College Name Total MBA Fees
IIT Delhi INR 9,60,000
MDI Gurgaon INR 18,80,000
IIM Rohtak INR 16,70,000
IMI New Delhi INR 16,33,000
IIFT New Delhi INR 15,20,000
Jamia Millia Islamia, New Delhi INR 1,30,000
Department of Commerce, New Delhi INR 31,400
FMS New Delhi INR 1,92,000
FORE School of Management, New Delhi INR 15,98,000
Amity Global Business School, Noida INR 7,80,000
IMT Nagpur INR 20,70,000
Amity University, Noida INR 6,80,000
BIMTECH Greater Noida INR 12,50,000
Jaipuria Institute of Management, Noida INR 9,90,000
Indraprastha University, New Delhi INR 1,40,000

Also Check:

Top Management Colleges in India: Entrance Exam Wise

Management colleges in India accept different exams for different courses. For BBA, top exams include AIMA UGAT and IPU CET, where as, for MBA, top exams include, CAT. MAT, and CMAT. Categorized below are some of these best colleges according to entrance exam score they accept.

Top Management Colleges in India Accepting AIMA UGAT

College Name BBA Fees
ICFAI Foundation for Higher Education, Hyderabad INR 7,80,000
KIIT School of Management, Bhubaneswar INR 8,40,000
ICFAI Business School, Hyderabad INR 7,80,000
GITAM Institute of Management, Visakhapatnam INR 6,00,000
OP Jindal Global Business School, Sonepat INR 12,00,000
IMS Kolkata INR 2,73,000
SRM University, Sonepat INR 4,68,000
Shobhit University, Meerut INR 1,68,000
GLS University, Ahmedabad INR 1,38,000
NDIM New Delhi INR 1,08,000

AIMA UGAT is conducted by AIMA (All India Management Association) for admission in BBA courses of top colleges in India.

Top Management Colleges in India Accepting CAT

College Name CAT Cutoff 2020
IIM Ahmedabad 90
IIM Bangalore 99
IIM Calcutta 99
IIM Lucknow 97
IIM Indore 97
IIM Kozhikode 97
IIT Madras 85
IIT Delhi 90
IIT Bombay 90
IIT Roorkee 95

CAT is the most popular MBA entrance exam and is considered by almost every top MBA college in India.

Top Management Colleges in India Accepting MAT

College Name MAT Cutoff 2020
JIMS New Delhi 63
IIHMR University, Jaipur 67
SRM Chennai 67
KIIT Bhubaneswar 80
Alliance University, Bangalore 67
VIT Vellore 80
UPES Dehradun 87
BIMTECH Greater Noida 70
BIT Mesra, Ranchi 43
Jaipuria Institute of Management, Noida 67

MAT or Management Admission Test is also conducted by AIMA for MBA admissions in the top management colleges in India.

Read More

Top Management Colleges in India without Entrance Exam

MBA Admissions to most of the top MBA colleges in India are granted on the basis of the scores of various entrance exams such as CAT, MAT, CMAT, SNAP, etc. However, there are few MBA colleges in India which offer direct admission without entrance exams based on the academic scores of the candidates in the previous qualifying exams.

Check out the table below which enlists some of the top MBA colleges in India without entrance exam along with their average annual fees:

College/ University Name Average MBA Fees
School of Inspired Leadership (SOIL), Gurgaon INR 14,30,000
University of Petroleum and Energy Studies - [UPES], Dehradun INR 12,572,000
Amity University, Noida INR 12,16,000
OP Jindal Global University, Sonepat INR 11,00,000
Shiv Nadar University - [SNU], Greater Noida INR 11,00,000
Christ University, Bangalore INR 7,60,000
Jagan Institute Of Management Studies - [JIMS] Rohini, New Delhi INR 15,90,000
Lovely Professional University, Jalandhar INR 5,32,000
Auro University, Surat INR 7,00,000
Institute Of Business Management & Research - [IBMR], Ahmedabad INR 2,70,000

Top Management Colleges in India with Average Salary

College Name Average MBA Salary
IIM Ahmedabad INR 33,00,000
IIM Bangalore INR 29,80,000
IIM Calcutta INR 26,90,000
IIM Indore INR 22,92,000
IIM Kozhikode INR 23,00,000
IIM Lucknow INR 20,00,000
IIT Kharagpur INR 18,10,000
IIT Delhi INR 22,69,000
IIT Bombay INR 20,98,000
IIT Madras INR 14,38,000
IIT Roorkee INR 9,18,000
FMS Delhi INR 25,60,000
MDI Gurgaon INR 22,05,000
Narsee Monjee Mumbai INR 18,33,000
XLRI Jamshedpur INR 15,00,000

Management colleges in India offer students some of the best placement opportunities.

  • An average management college in India receives around 200 offers.
  • Top Management colleges in India like IIM Bangalore and NMIMS Mumbai receive more than 400 offers.
  • The average MBA salary in India is INR 6-9 lakh.
  • The average BBA salary in India is INR 3-5 lakh.

average mba salary in 2020

Source: Official Institute Websites

Top Management recruiters include:

Google CRISIL
Barclays Capital Bisleri
Boston Consulting Group (BCG) Amazon
Morgan Stanley Bain & Company
National Stock Exchange Accenture Strategy
CISCO Gartner
BYJU’s TCS

Placements also depend on the stream you choose. Check top management colleges in India streamwise.

Top Management Colleges in India for MBA Finance

College Name Average Fees
IIM Bangalore INR 23,15,000
IIM Calcutta INR 27,00,000
IIM Indore INR 15,70,000
IIT Kharagpur INR 10,40,000
XLRI Jamshedpur INR 15,00,000
IIT Bombay INR 10,00,000
IIT Roorkee INR 8,20,000
SP Jain Mumbai INR 17,50,000
Great Lakes Chennai INR 16,00,000
IIM Raipur INR 14,50,000

India’s finance industry is growing at a rate faster than ever.

  • The finance sector in India is growing at an average rate of 8.5%.
  • The sectors of banking, mutual funds and wealth management show an overall growth of 15%.

The average salary for finance in India is INR 7-9 lakh after postgraduation.

Top Management Colleges in India for MBA in Marketing

College Name Average Fees
IIM Bangalore INR 23,15,000
IIM Calcutta INR 27,00,000
IIM Indore INR 15,70,000
IIT Bombay INR 10,00,000
FMS Delhi INR 1,92,000
ISB Hyderabad INR 37,50,000
IIM Trichy INR 18,30,000
IIT Madras INR 8,00,000
Narsee Monjee Mumbai INR 18,50,000
Symbiosis Pune INR 19,20,000

Many management courses emphasize most on the aspects of marketing.

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

The average salary for marketing in India is INR 6-8 lakh after post-graduation.

Top Management Colleges in India: FAQs

Ques. What changes have been made by IIM Indore in CAT 2020 Exam Pattern?

Ans. IIM Indore has released a new media release on September 16. According to this, CAT 2020 will be for 2 hours only, instead of 3. Each section will have 40 minutes, and candidates will not be allowed to switch between sections. Tutorials related to updated exam pattern will be available from October 2020.

Ques. What all changes can students make in CAT Application Form this year?

Ans. IIM Indore has opened the form correction window for CAT 2020 Application form up to 5:00 PM on September 29. IIM Council allows students to make 3 changes:

  • Signature
  • Photograph
  • Test City Preferences

Any changes apart from these won’t be entertained.

Ques. Which are the best management colleges in India?

Ans. The IIMs and IITs are the best colleges for pursuing MBA in India. The best IIMs include IIM Ahmedabad, IIM Bangalore, IIM Lucknow, IIM Calcutta, and IIM Kozhikode. Among the IITs, the best names include IIT Bombay, IIT Madras, IIT Delhi and IIT Kanpur.

In addition, government colleges like FMS Delhi and NITIE Mumbai, and private B schools like SP Jain Mumbai, Narsee Monjee, XLRI Jamshedpur and MDI Gurgaon also offer good education.

For BBA, the best colleges in India are SSCBS (Shaheed Sukhdev Singh College of Business Studies), New Delhi, NMIMS Mumbai and Chandigarh University.

Ques. Which college is best for MBA in Finance in India?

Ans. MBA Finance is a top specialization of MBA in India. It is offered by 2000+ MBA colleges in India. Some of the best colleges in India for MBA Finance are IIM Kozhikode, SP Jain Mumbai, IIFT New Delhi and MDI Gurgaon.

Ques. Why is MBA so expensive?

Ans. MBA is one of the most popular courses and the basic eligibility criterion is also not too difficult. Students from any stream can pursue this course. In addition to this, also MBA offers the most lucrative career options to students. The package offered after completing MBA is one of the highest in India. Also, there is a huge demand for the course, thus making it one of the most expensive courses.

Ques. Which country is best for MBA?

Ans. India is one of the best countries for MBA as it has some of the best B schools in the world, which are also ranked by international agencies like QS. The average MBA salary after graduating from the Tier 1 colleges is INR 25-40 lakh.

Ques. How difficult is CAT?

Ans. CAT is not a difficult but a competitive exam. The syllabus of CAT includes questions related to Verbal Aptitude, Non-Verbal Aptitude, Logical Reasoning and Data Interpretation. Many of these questions are also asked by companies during their campus recruitment, though the level in CAT is a bit high.

Still, proper guidance and training can make CAT an easy nut for you to crack. It does not matter how much you score. What matters is the rank of your score among all the participating students.

Ques. Is CAT compulsory for MBA?

Ans. CAT is not strictly compulsory for MBA, but yes, it will open the maximum number of doors for you. All the IIMs and IITs in India take admission only on the basis of CAT. Majority of the private and government MBA colleges take admission on the basis of CAT score. So not appearing for CAT might snatch away many opportunities from you, that too the best ones.

Still, if you don’t want to give CAT, you can go for many other exams like CMAT, MAT, NMAT, XAT and ATMA.

Ques. What is the salary of MBA in Finance in India?

Ans. MBA Finance graduates can earn a salary anywhere between INR 3 lakh to INR 30 lakh per annum. This depends very much upon the college you are graduating from. IIM graduates generally earn annual packages above INR 20 lakh. The graduates of IITs and the best private colleges, i.e., Tier 2, get to earn an average salary of INR 12-18 lakh. In the case of average colleges, the package stays around INR 3-7 lakh per annum.

Ques. What do you study in MBA Finance?

Ans. MBA Finance Syllabus covers a holistic detail of topics like Finance, Managerial Accounting, Risk Management, Corporate Taxation, Income Securities, etc. Read all the details of subjects and workshops in this course, by clicking on MBA Finance Syllabus.

Ques. What is the best age to do an MBA?

Ans. There is no specified age for when you can do an MBA. Still, you should look for the course around the age of 25-28 years. The average student age after graduation is 22 years. If you go on to do a job after this and choose an MBA at an age of 25-28 years, you will be having work experience also. This increases your chances of getting recruited in selection procedure.

Ques. Which MBA is most in demand?

Ans. The most in-demand MBA specializations in India are MBA Marketing, MBA Finance, MBA in HR and MBA Operations Management.

Ques. Is MBA better than CA?

Ans. There are many parameters to consider which is better, an MBA or CA. The average money invested in a CA course is very less than the cost of an MBA. However, the latter offers a much more attractive package than the former one.

CA is an uncertain journey and you don’t know how long it will take to complete the course. In the case of an MBA, you will probably be working at a suitable place after 2 years.

The job options after an MBA are enormous, while CA, CS and related courses have a limited scope.

So, considering all these options, MBA does look to be a better course than CA. However, all that glitters in not gold. Understand the syllabus of both courses and find your call and simply go for that.

Ques. Who earns more, MBA or CA?

Ans. The average salary of MBA is more than that of CA. The average MBA salary in India can up to INR 20-25 lakh, while the average CA salary is INR 7-10 lakh.

Ques. Which college has best placement?

Ans. IIM Calcutta and IIM Ahmedabad offer the best placement packages in India. But, the ROI of IIM Calcutta is not so good as its fees is very high.

Ques. Can MBA be done after 12th?

Ans. No. An MBA course can be done after graduation in any stream, but not after Class XII.

Ques. Can MBA be done after BTech?

Ans. Yes, MBA can be done after B.Tech. In fact, BTech students make the largest share in MBA batches of top MBA colleges in India.

Ques. Can MBA be done Online?

Ans. Yes. MBA can be done through online medium also. Read more about this here.

Ques. Can MBA be done without Maths?

Ans. Maths make an important part of both MBA syllabus and MBA entrance exams. So you cannot skip the Queen of Science.

Ques. What should I study before MBA?

Ans. It does not matter which course you study in graduation for your MBA admission. However, BTech, BBA and BCA are some of the recommended courses.

Ques. Does getting an MBA make someone a better entrepreneur?

Ans. MBA does offer skills which guide you in your entrepreneurial journey. So yes, it might turn out to be a good course if you are planning to become one.

Ques. Is MBA really worth the money?

Ans. The value for money of an MBA depends upon the college you study it from. If you are graduating from a top Tier 1 or Tier 2 college, you will most probably realize the value in future. In case of Tier 3 colleges, your skills appear to be an additional criteria, as sometimes these colleges lack the important data.

Ques. Is it better to pursue an MBA after engineering or go for an MTech/MS?

Ans. This totally depends on which field you want to enter. If you plan to remain in the core IT field and make advancements in your engineering specialization, simply choose MTech or MS. If you plan to enter the business industry and the management sector, go for an MBA.

Ques. What are the advantages of doing an MBA after engineering?

Ans. The present market is dominated by the IT industries. If you pursue an MBA after BTech, you will have the knowledge of both the Technology and the skills required to manage and market that. This is one of the best advantages of doing an MBA after engineering.

Ques. Which MBA College is best in India?

Ans. IIM Ahmedabad, IIM Bangalore and IIM Calcutta are the most premier management colleges in India. Apart from these, some of the often cited best private management institutes are XLRI Jamshedpur and NMIMS Mumbai.

Ques. How many MBA colleges are there in India?

Ans. There are 4400+ MBA colleges in India.

Ques. Is IIT MBA good?

Ans. Many popular IITs like IIT Delhi and IIT Bombay offer MBA courses through their centers for management education. These institutes offer good education at par with many other top management colleges in India.

Ques. Is SIBM Pune good for MBA?

Ans. Yes. Symbiosis Institute of Business Management [SIBM] Pune is a good management college. The institute offers good MBA education and the average salary goes up to INR 17.48 lakh.

Ques. Is FMS Delhi better than IIM?

Ans. FMS Delhi is a good management institute and offers the best ROI (return on investment) among all the MBA colleges in India. However, the tag of IIM is always much superior to other private institutes. The other benefits and favours which an IIM graduate receive are matchless.

Ques. How much percentile is required for FMS Delhi?

Ans. To get admission in FMS Delhi, students need to have a 98+ precentile.

Ques. Which is better, Executive MBA from SP Jain Mumbai or Executive MBA from XLRI Jamshedpur?

Ans. XLRI Jamshedpur offers a 16 month EMBA in Human Resource Management, while SP Jain offers an 18 month long program in essentials of management. While an EMBA from SP Jain costs more than INR 15 lakh, and EMBA from XLRI will cost only between INR 5-7 lakh. These 2 factors should be your major concern when it comes to choosing one among the 2 colleges for an EMBA.

Ques. Which is better, Executive MBA from IIM Ahmedabad or Executive MBA from ISB Hyderabad?

Ans. Both IIM Ahmedabad and ISB Hyderabad are premier colleges and offer you the finest career opportunities in India among all the top B schools.

  • While IIM Ahmedabad is government-owned, ISB Hyderabad is a private college offering management education.
  • IIM Ahmedabad offers 1-year full time EMBA course, while ISB Hyderabad offers it PGPPro course as a weekend program for working executives.
  • Placement prospects are better at IIM Ahmedbad, though the difference is very small.

Ques. Is MBA losing its value in the current years?

Ans. Due to an enormous number of students pursuing the course every year, MBA’s value has deviated a bit, but still, it is one of the most sought after courses by the recruiters in the corporate world. It is also one of the courses which offer the highest salary in India.

Ques. How does one get a scholarship for an MBA?

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

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

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 here remains above INR 20 lakh.

Reviews

AK
6.7 /10

Course Curriculum Overview :

I choose this course because I have an interest and I want to learn and explore Computer science engineering. Faculties are good in cooperate but some of them are less experienced. The exam is moderate if someone studies little per day they can easily manage to pass the exam with good marks.

Internships Opportunities :

We can take the example of the TCS company and the role of CSE students is to make software engineering so basically, all the tasks will be related to this only. The project is on you. You have to decide that whatever project you are making is unique.

Campus Life :

In my college there are so many clubs for the example football club, cricket club, basketball club, table tennis club, badminton court, as well as club and however, selects they have an opportunity to score in national also.

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H
9.0 /10

Internships Opportunities :

Collages itself provides many internships. And also pays good money to the interns. Some of the good internships are content writer, my first friend, teaching assistant. One of my friends is doing my first friend internship and he is earning 10000 per month.

Campus Life :

University is holding the largest tech fest which includes so many like robo fight etc. There are so many books are available in Library you can issue from the library. For sports students also this was nice. All games ground are available on campus.

Course Curriculum Overview :

Because in this field there is many jobs. Faculties are also well qualified many facilities are from IIT nit colleges. 2 exam in a term 1 mid sem and other external The exam is not so tough.

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VV
7.0 /10

Loan/ Scholarship Provisions :

Actually, there are 2 colleges inside the campus that offers BTECH. The fees of BTECH CSE in Parul institute of engineering and technology (collage 1) is 120000, while the fees of BTECH CSE Parul institute of technology is 110000. The college itself provides many scholarships based on students' 12th marks and based on defence family background.

Placement Experience :

Overall placement of our collage is good. Every year many local, as well as multinational companies, came to the campus for hiring students of the final and prefinal year. They are offering good packages. The average package is about 400000 per annum. So, it is a good thing about a college that they are helping in the placement of many students.

Course Curriculum Overview :

In the Computer science department the facilities are good. Some of them have done their MTECH from Parul University itself and some of them have done from nits and iits also. Overall faculties are responsive and if we ask doubt then they take interest in it. The level of Term exams is easy to moderate.

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Rm
9.0 /10

Course Curriculum Overview :

This was a complete pragmatic course where deviation was non-acceptable. It was completely based on the case studies and then some theories to support the process. I had completed my management course by using the same approach here. All subjects were just amazing. I also had studied business communication as an integrated part of the subject.

Campus Life :

IIM Rohtak's campus was brand new and included all of the amenities that a B-School should have. The lecture halls provided all of the necessary amenities. IIM Rohtak's bodies were all quite active, so everyone had plenty of possibilities to pursue their passions. I had the option to participate in the dance, drama, and other activities.

Fee Structure And Facilities :

At that time, the fees were around 17 lacs. There were some bursaries, but I didn't pay attention to them because I wasn't qualified. The average salary for internships was approximately 40K for two months which had helped to some extent to work on campus or for some other offered intern and earn along with the studies.

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