In India, lots of people who want to become successful business leaders dream of doing an MBA. Why? because it can lead to wonderful career opportunities and personal development. India has many MBA colleges, but only a few of them offer the best management education and have excellent placement records. In this article, we’ll give you a list of the top 10 MBA colleges and their fees so students can make smart choices for their academic future.
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Top 10 MBA Colleges In India
Here is the list of the top 10 MBA colleges in India, along with their fees. Please remember that the list is not in any specific ranking order, and the fees may vary a bit. All the information comes from the official websites of the colleges. If you’re interested, make sure to visit the colleges’ official websites for more details.
1. IIM Ahmedabad
Indian Institute of Management, Ahmedabad (IIM Ahmedabad), is a famous institution known for its excellent management education and leadership development. It was founded in 1961 and has been at the forefront of shaping successful business leaders and entrepreneurs worldwide. The institute offers various MBA programs, including its flagship 2-year PGP program and Executive MBA programs. In the NIRF rankings of 2023, IIM Ahmedabad secured the first position. You can find details about the MBA fees and placements below.
| College | MBA Fee | Average Package |
| Indian Institute of Management, Ahmedabad (IIMA) | Rs. 24.61 Lakhs | Rs. 32.79 LPA |
2. IIM Bangalore
IIM Bangalore is a famous institute in India known for management education and research. It started in 1973 and has a strong focus on academic excellence and innovation. Many successful leaders in the corporate world have graduated from IIM Bangalore. The institute offers various MBA programs like PGP, PGP-BA (Business Analytics), EPGP, PGPEM, and PGPPM, catering to the needs of aspiring managers and entrepreneurs. You can find MBA fees and placement details below.
| College | MBA Fee | Average Package |
| Indian Institute of Management, Bangalore (IIMB) | Rs. 24.5 Lakhs | Rs. 35.31 LPA |
3. Faculty of Management Studies (FMS), Delhi
FMS Delhi is a renowned institution known for its excellence in management education in India. It was established in 1954 and is committed to providing a well-rounded learning experience with a focus on practical knowledge. The institute offers a variety of programs, such as a 2-year full-time MBA, MBA-Executive, and MBA-Executive HCA. You can find MBA fees and placement details below.
| College | MBA Fee | Average Package |
| Faculty of Management Studies (FMS), Delhi | Rs. 2 Lakhs | Rs. 34.1 LPA |
4. Indian School Of Business (ISB), Hyderabad
ISB Hyderabad is a leading business school in India, renowned for its top-notch management education and global recognition. Founded in 2001, the school offers a range of programs, including the flagship Post Graduate Program in Management (PGP) and advanced management programs, attracting high-achieving students from across the globe. Below, you can find details about the MBA fees and placements.
| College | MBA Fee | Average Package |
| Indian School of Business (ISB), Hyderabad | Rs. 32.77 Lakhs | Rs. 34.08 LPA |
5. IIM Calcutta
Indian Institute of Management (IIM), Calcutta, is one of the oldest and most esteemed business schools in India. Since its establishment in 1961, it has been a trailblazer in management education, achieving excellence in academics, research, and leadership development. The institute offers various programs, such as the flagship Post Graduate Program in Management (PGP), MBA-Ex, PGPEX-VLM, and PGDBA. For details about the MBA fees and placements, please refer below.
| College | MBA Fee | Average Package |
| Indian Institute of Management, Calcutta | Rs. 27 Lakhs | Rs. 35.07 LPA |
6. IIM Lucknow
IIM Lucknow, also known as the Indian Institute of Management Lucknow, is a renowned business school in India recognized for its outstanding management education and leadership development. Since its establishment in 1984, IIM Lucknow has built a strong reputation for academic excellence and innovative teaching methods, positioning itself as one of the top B-schools in the country.
The institute offers a diverse range of programs, including the flagship Post Graduate Program in Management (PGP), PGP-Agriculture Business Management (ABM), and PGP-Sustainable Management (PGP-SM). These programs attract high-achieving students from various backgrounds, contributing to the institute’s diverse and enriching learning environment.
For detailed information about MBA fees and placements, please see below.
| College | MBA Fee | Average Package |
| Indian Institute of Management, Lucknow | Rs. 20.75 Lakhs | Rs. 32.2 LPA |
7. IIM Kozhikode
IIM Kozhikode, also known as the Indian Institute of Management Kozhikode, is an esteemed business school situated in Kozhikode, Kerala, India. Founded in 1997, it is among the top management institutes in the country, renowned for its excellence in business education. The primary program offered at IIM Kozhikode is the Post Graduate Program in Management (PGP), a two-year, full-time residential course intended to develop aspiring business leaders. For comprehensive details regarding MBA fees and placements, kindly refer below.
| College | MBA Fee | Average Package |
| Indian Institute of Management, Kozhikode | Rs. 20.50 Lakhs | Rs. 29.5 LPA |
8. IIM Indore
IIM Indore, also known as the Indian Institute of Management Indore, is a highly esteemed business school and one of India’s leading management institutes. It was founded in 1996 and has quickly become well-known for its dedication to academic excellence, research, and nurturing future leaders. The institute offers various management programs, such as the renowned Post Graduate Program in Management (PGP), Executive Post Graduate Programme in Management (EPGP), and Post Graduate Programme in Human Resource Management (PGP-HRM). For more details about MBA fees and placements, please refer to the information below.
| College | MBA Fee | Average Package |
| Indian Institute of Management, Indore | Rs. 20.75 Lakhs | Rs. 32.2 LPA |
9. XLRI Jamshedpur
XLRI Jamshedpur, also known as Xavier School of Management, is one of India’s oldest and most prestigious business schools. It was established in 1949 and is located in Jamshedpur, Jharkhand. XLRI has been a pioneer in the field of management education in the country.
At XLRI, there are various management programs to choose from. The main one is the two-year Post Graduate Diploma in Management (PGDM) program. This program covers different areas of management, preparing students with the skills and knowledge they need to succeed in the corporate world.
In addition to the PGDM program, XLRI offers specialized management programs in fields like Human Resources Management (HRM), Business Management (BM), General Management Program (GMP), and Executive Development Programs (EDP) for working professionals. These programs cater to specific career interests and development needs of students and professionals. For more details about MBA fees and placements, please refer to the information below.
| College | MBA Fee | Average Package |
| Xavier School of Management, XLRI Jamshedpur | Rs. 24.8 Lakhs | Rs. 32.7 LPA |
10. NITIE, Mumbai
NITIE Mumbai, the National Institute of Industrial Engineering, is a top management institute in Mumbai, Maharashtra, India. It was established in 1963 by the Government of India and is well-known for its expertise in industrial engineering, operations research, and supply chain management.
The flagship program at NITIE is the Post Graduate Diploma in Industrial Engineering (PGDIE). This program focuses on industrial management and operations research. Besides PGDIE, NITIE also offers specialized programs like the Post Graduate Diploma in Industrial Management (PGDIM) and the Post Graduate Diploma in Manufacturing Management (PGDMM). These programs are designed for students who want to specialize in specific areas of management and gain specialized knowledge and skills. For more details about MBA fees and placements, please refer to the information below.
| College | MBA Fee | Average Package |
| National Institute of Industrial Engineering, NITIE Mumbai | Rs. 14.63 Lakhs | Rs. 25.4 LPA |
Other Top MBA Colleges In India
Besides the top 10 MBA colleges mentioned above, there are numerous other MBA colleges in India that offer excellent management education. Check out the list of top MBA colleges below along with their fees and placements.
| College | MBA Fee | Average Package |
| JBIMS Mumbai | Rs. 6 Lakhs | Rs. 27.63 LPA |
| MDI Gurgaon | 24.16 Lakhs | 27.01 LPA |
| IIFT Delhi | 21.77 Lakhs | 29.1 LPA |
| SPJIMR Mumbai | 20.42 Lakhs | 33.02 LPA |
| TISS Mumbai | 1.85 Lakhs | 22.7 LPA |
| SJMSOM IIT Bombay | 10.52 Lakhs | 28.88 LPA |
| NMIMS Mumbai | 23.9 Lakhs | 19.56 LPA |
| IIM Shillong | 18.7 Lakhs | 26.96 LPA |
| SIBM Pune | 24.59 Lakhs | 26.77 LPA |
| SCMHRD Pune | 23.75 Lakhs | 23.83 LPA |
| IMT Ghaziabad | 19.53 Lakhs | 17.35 LPA |
| DMS IIT Delhi | 11.20 Lakhs | 25.82 LPA |
| SIMSREE Mumbai | 2 Lakhs | 12.20 LPA |
| Great Lakes Chennai | 19.95 Lakhs | 18.1 LPA |
| GIM Goa | 18.31 Lakhs | 14.87 LPA |
| SRCC(GBO) New Delhi | 3.2 Lakhs | 10.61 LPA |
| DFS, Delhi University | 0.26 Lakhs | 14.55 LPA |
| K J Somaiya Mumbai | 19.94 Lakhs | 12.28 LPA |
| BIMTECH, Greater Noida | 13 Lakhs | 23.43 LPA |
These MBA colleges in India provide their fee structure and placement information. This list includes many top colleges, and there are additional institutions like FORE School of Management, Welingkar, LBSIM, MICA, IRMA Anand, and more. For a comprehensive list of all MBA colleges in India, along with details on MBA fee structure, placements, admission process, eligibility criteria, programs offered, entrance exams, cut-offs, and more, you can refer to this page: List of All MBA Colleges In India 2023.
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