Top MBA Colleges in India Based on 2024 Ranking

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Sushil Pandey

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Top MBA colleges in India include IIM AhmedabadIIM BangaloreIIM Kozhikode, IIM Calcutta, IIT Delhi, XLRI Jamshedpur, IIM Lucknow, and IIM Mumbai(NITIE), per NIRF rankings 2023. There are 5092 MBA colleges in India, of which 730 are Government and 4268 are Private MBA colleges in India.

  • IIM Ahmedabad is the best MBA college in India followed by IIM Bangalore and IIM Kozhikode. The institutes are ranked 1, 2 & 3 in the latest NIRF rankings for 2023.
  • The top MBA Colleges in Delhi include the Department of Management Studies-IIT Delhi, IMI Rohtak, Indian Institute of Foreign Trade, etc.
  • Some of the top MBA Colleges in Bangalore are IIM Bangalore, Christ University, Alliance University, Indus Business Academy, etc.
  • MBA Admissions 2024 are based on MBA entrance exams such as CAT, GMAT, SNAP, XAT, and MAT, followed by a GD/ PI round.
  • The best MBA colleges in Mumbai are IIM Mumbai(NITIE), SJMSOM-IIT Bombay, SPJIMR Mumbai, and NMIMS Mumbai.
  • MBA Course fees in the top MBA colleges in India range between INR 50,000 to INR 30,00,000 per year. The Top MBA Colleges in India with Low Fees are the University of Allahabad, Ranchi University, the University of Rajasthan, and many others.
  • The Top Management Colleges in India offer lucrative placement packages with high ROI. The average CTC offered between INR 7 LPA to INR 15 LPA, and the highest recorded CTC stood at INR 1.2 CPA by IIM Ahmedabad.

Top MBA Colleges Application Deadline 2024

Check out the MBA admission 2023-25 last dates for the top 10 MBA colleges, per NIRF in the table below.

Institutes Exam Accepted Application Dates
Christ University  CAT September 29 – January 29, 2024
BHU Varanasi CAT October 05 – January 04, 2024
IIT Roorkee CAT January 2024
SPJIMR Mumbai CAT/GMAT Applications Open
IIT Kanpur CAT January 2024
JMI New Delhi CAT April 2024
KSOM KIITEE/CAT/XAT September 01 – January 15, 2024
Alliance University AMAT/GMAT/CAT/NMAT/XAT/MAT/CMAT/KMAT Applications Open
Manav Rachna International Institute of Research and Studies GMAT/CAT/NMAT/XAT/MAT/CMAT Applications Open
PDEU CAT/NMAT/XAT/MAT/CMAT Applications Open
IILM CAT/NMAT/XAT/MAT/CMAT Applications Open
VIT Vellore CAT/XAT/MAT/NMAT/GMAT/CMAT/ATMA September 09 – February 03, 2024
MICA Ahmedabad MICAT September 11 – November 20, 2023 (Phase I) November 26 – January 16, 2024 (Phase II)

Top 10 MBA Colleges in India

The top MBA colleges in India are not only ranked by popular and trusted Ranking agencies in India but are also ranked among the top MBA colleges in the world by QS World Ranking, Asia Pacific Rankings, etc. Check out the top 10 MBA colleges in India with total seats and CAT 2023 cutoff.

Top 10 MBA Colleges in India Total No. of Seats CAT 2023 Cutoff
IIM Ahmedabad 385 99
IIM Bangalore 565 99
IIM Calcutta 462 99
DMS IIT Delhi 91 98
IIM Kozhikode 525 97
IIM Lucknow 490 90
IIM Indore 450+150 90
XLRI Jamshedpur 1310 92
IIM(NITIE) Mumbai 550 97
IIT Madras 68 85

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Top 10 MBA Colleges in India with Fee Structure

The top MBA colleges in India for MBA courses with average annual fees between INR 50,000 to INR 30,00,000. The average MBA fees in the top IIMs in India and the top private MBA colleges in India generally range between INR 20 lakhs to 23 Lakhs annually. Tabulated below are the top 10 MBA colleges in India with fee structures.

College Names MBA Fees
IIM Ahmedabad INR 25,00,000
IIM Lucknow INR 20,75,000
IIM Indore INR 21,14,000
IIM Udaipur INR 17,50,000
IIM Ranchi INR 17,50,000
IIT Bombay INR 5,24,000
IIT Madras INR 9,14,000
IIT Kharagpur INR 9,29,000
IIT Delhi INR 9,60,000
IIT Roorkee INR 8,28,000

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MBA Entrance Exams: Accepted by Top MBA Colleges in India

The top MBA colleges in India admit students solely based on the scores of the entrance exams followed by a GD/ PI round. CAT and MAT are the two most popular MBA entrance exams in India. Some of the top colleges in India also accept state-level entrance exams like KMAT, MAH CET, TANCET, UPSEE, etc. Some colleges conduct university-level entrance exams such as SNAP, and LPUNEST to admit students.

The infographic below highlights a detailed overview of the top exams to get admitted to the top MBA colleges in India:

MBA Entrance Exams in Top MBA Colleges in India Collegedunia

MBA Colleges without Entrance Exam

MBA Admission through CAT is not the only process for studying MBA from Top MBA Colleges in India. Various colleges depend on other Entrance exams. Some Colleges have management quotas through which students can get direct MBA Admission.

MBA without CAT

Many colleges in India offer MBA without CAT. A candidate who didn’t appear for the CAT but took other MBA entrance exams or wishes to go for MBA without an entrance exam can check this list of top 10 MBA colleges accepting other exam scores or conducting their MBA admission test.

MBA Colleges in India with Low Fees

MBA fees at top MBA colleges in India are usually very high. Most students cannot afford to pursue MBA courses from the top-ranked and best MBA colleges in India. However, some MBA colleges in India offer MBA courses with low fees. Check out the table below for the top MBA colleges in India with low fees structure.

Top MBA Colleges in India Ranking 2023

Every year, various ranking agencies release the list of top colleges in India for different domains. These rankings are given based on different parameters. The top factors for Ranking include Education Quality, Perception of the University, Placements, and Research Support. Listed below are some of the rankings for top MBA colleges in India as released by different agencies.

Top MBA Colleges in India with NIRF Ranking 2023

National Institutional Ranking Framework - NIRF is a method that the Indian government adopts to rank top Education institutions. It is under the Ministry of Education and ranks a college/ University based on various parameters. Every year NIRF publishes ranking lists of top Institutions in India for different domains. NIRF is the most trustworthy and popular Ranking agency in India.

NIRF ranks the institutions across India based on 5 parameters and they are (1) Teaching, Learning & Resources, (2) Research and Professional Practice, (3) Graduation Outcomes, (4) Outreach and Inclusivity, and, (5) Perception. The following pie chart below depicts the weightage of different parameters used for ranking the best MBA colleges in India.

Top MBA Colleges in India NIRF Ranking 2023 Collegedunia

IIM Ahmedabad has continuously ranked 1st position among the top MBA colleges in India as per NIRF Ranking 2023.

  • IIM Bangalore now ranks 2nd followed by IIM Kozhikode at the 3rd spot. IIM Kozhikode has overtaken IIM Calcutta and IIT Delhi. Last year it was ranked 5th.
  • This year, IIT Delhi has experienced a downfall and it secured 5th position followed by IIM Lucknow at 6th place.
  • NITIE Mumbai is constantly improving its Ranking. Last year it jumped from 17th position to 9th position and this year it managed to secure #7th place in the list.
  • IIT Delhi, NIE Mumbai, and XLRI Jamshedpur are some of the best MBA colleges in India other than IIM colleges ranked among the top 10 MBA colleges in India.

The table below highlights some of the top MBA colleges in India by NIRF Ranking for 2023.

NIRF Ranking 2023 College/ University Name  NIRF Score
1 Indian Institute of Management Ahmedabad 83.2
2 Indian Institute of Management Bangalore 80.89
3 Indian Institute of Management Kozhikode 76.48
4 Indian Institute of Management Calcutta 75.53
5 Indian Institute of Technology Delhi 74.14
6 Indian Institute of Management Lucknow 74.11
7 National Institute of Industrial Engineering, Mumbai 71.99
8 Indian Institute of Management Indore 71.95
9 XLRI-Xavier School of Management, Jamshedpur 70.75
10 Indian Institute of Technology Bombay 68.11
11 Indian Institute of Management Raipur 66.18
12 Indian Institute of Management Rohtak 65.88
13 Management Development Institute, Gurgaon 64.88
14 Indian Institute of Technology Kharagpur 63.92
15 Indian Institute of Technology Madras 62.83
16 Indian Institute of Management Udaipur 62.78
17 Symbiosis Institute of Business Management, Pune 62.74
18 Indian Institute of Technology Roorkee 62.14
19 Indian Institute of Management Kashipur 61.07
20 S.P. Jain Institute of Management & Research, Mumbai 60.91

Government MBA Colleges in India

The top Government MBA colleges in India include the most prestigious, premier, and top MBA colleges in India. Top Government MBA colleges in India offer good placement opportunities with high ROI and highly qualified and experienced faculty. Tabulated below are some of the top Government MBA colleges in India with fees.

College/ University Name Average MBA Fees(INR)
IIM Bangalore 24,50,000
IIM Indore 21,14, 222
Jamia Millia Islamia, New Delhi 47,000
NITIE Mumbai 13,43,000
IIFT New Delhi 21,77,000
IIT Delhi 10,25,000
IIT Bombay 1,00,000
NIT Trichy 2,62,000

Top Private MBA Colleges in India

In India, there are around 3969 recognized private MBA colleges. The top private MBA colleges in India provide high-quality education, facilities, infrastructure, and good placements. Below is a list of some of the top private MBA colleges in India with fee structures.

College/ University Name Total MBA Fees(INR)
Xavier Labour Relations Institute (XLRI), Jamshedpur 21,70,000
Management Development Institute, Gurugram 23,47,400
Symbiosis Institute of Business Management (SIBM), Pune 24,59,000
Narsee Monjee Mumbai 21,90,000
ISB Hyderabad 36,30,000
S. P. Jain Institute of Management & Research, Mumbai 20,42,000
Great Lakes Institute of Management, Chennai 18,75,000
Symbiosis Center for Management and Human Resource Development, Pune 21,90,000
ICFAI Foundation for Higher Education, Hyderabad 16,02,000
Kalinga Institute of Industrial Technology - KIIT, Bhubaneswar 7,25,000
Prin LN Welingkar Institute of Management Development and Research (WESCHOOL), Mumbai 13,00,000

Top Distance MBA Colleges in India 2023

The top MBA colleges in India offer Regular MBA, Online MBA, and Distance MBA. More than 71 MBA colleges in India offer Distance MBA. MBA Distance Education Colleges are available in all major cities in India. Colleges like IGNOU, Annamalai University, and Madras University for Distance Education offer MBA Courses in various specializations. Following is the list of the top Distance MBA colleges in India, per the NIRF Ranking 2023.

NIRF 2023 Ranking College Name NIRF Score
17 Symbiosis Institute of Business Management, Pune 62.74
21 SVKM`s Narsee Monjee Institute of Management Studies, Mumbai 60.84
28 Amity University, Gautam Buddha Nagar  58.56
32 Lovely Professional University - LPU Jalandhar  56.44
39 University of Petroleum and Energy Studies - UPES Dehradun  54.83
38 Institute of Management Technology - IMT Ghaziabad  55.26
40 ICFAI Foundation for Higher Education, Hyderabad  54.29
73 Principal L N Welingkar Institute of Management Development and Research, Mumbai 48.21
92 Jaipuria Institute of Management, Lucknow 44.22
79 Manipal University, Jaipur  46.23

Top MBA Colleges in India with Cutoff

The cutoff is the most prominent factor for entrance-based admissions into any college. MBA Admissions into the top MBA colleges in India are considerably hard, and the high cutoff percentile makes it even harder. Most of the MBA colleges in India offer admission based on the scores of the CAT exam and release cutoff lists based on CAT scores.

  • Other popular MBA entrance exams accepted by the top MBA colleges in India are SNAP, XAT, MAT, CMAT, NMAT, MAH CET, UPSEE, etc.
  • The cutoff for the top MBA colleges in India varies depending upon the caste category of the student (which is generally high for UR categories and low for SC/ ST categories).

Check:

CAT Cutoff 2023 for IIM

Most of the top IIM colleges in India offer MBA admission solely based on the scores of the CAT entrance exam. Below is the list of some of the top IIM colleges in India with their CAT cutoff percentile.

IIM  General OBC EWS SC ST
IIM Ahmedabad 80 75 80 70 60
IIM Bangalore 85 75 75 70 65
IIM Kozhikode  85 75 75 65 55
IIM Calcutta 85 75 75 70 65
IIM Lucknow 90 82 82 65 60
IIM Mumbai 85 75 75 70 65
IIM Indore 90 80 90 60 50
IIM Raipur 92 74 70 54 40
IIM Rohtak 95 78 90 55 30
IIM Udaipur 92 74 70 54 40
IIM Kashipur 92 74 70 54 40
IIM Trichy 92 74 70 54 40
IIM Ranchi 92 74 70 54 40
IIM Shillong 75 75 75 60 50
IIM Visakhapatnam 80 70 72 45 35
IIM Jammu Male- 90 Female- 87 Male- 72 Female- 70 Male- 68 Female- 65 Male- 52 Female- 50 Male- 37 Female- 34
IIM Nagpur 90 76.5 80 60 40
IIM Amritsar 85 75 85 55 40
IIM Bodh Gaya 92 74 70 54 40
IIM Sambalpur 74 74 70 54 40
IIM Sirmaur 92 74 70 54 40

CAT Cutoff 2022 for Top B-schools

Check out the CAT Expected MBA admission Cutoff 2022 for Top B-schools in the table below.

List of B-schools Expected CAT Cutoff
CAT cutoff for FMS 98.20 Percentile
DMS, IIT Delhi 98+ Percentile
Loyola Institute of Business Administration (LIBA) Chennai 90+ Percentile
SJMSOM, IIT Bombay 99+ Percentile
Institute of Management Technology (IMT) Ghaziabad 90+ Percentile
MDI Gurgaon CAT cutoff 95+ Percentile
National Institute of Industrial Engineering (NITIE) Mumbai 95+ Percentile
SPJIMR CAT cutoff 2022 85+ Percentile
XIMB CAT Cutoff 2022 90+ Percentile
Department of Management Studies, IIT Madras 95+ Percentile
T A Pai Management Institute (TAPMI) Manipal 85+ Percentile

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Best ROI MBA Colleges in India

The top-ranked and the best MBA colleges in India offer lucrative and good placement packages with high ROI (Return on Investment). ROI is calculated as the ratio between the average placement package to the average annual fees of the Institute.

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

  • IIM Ahmedabad, IIM Calcutta, and IIM Bangalore are the top MBA colleges in India placement-wise.
  • FMS Delhi, MDI Gurgaon, and IIFT Delhi are some of the top MBA colleges in India, other than IIMs that offer the best ROI.
  • Some of the other top MBA colleges in India that offer good placement and high ROI include XLRI Jamshedpur, IIM Kozhikode, IIT Madras, and many others.
Top MBA Colleges in India with High ROI- Collegedunia

Top IIMs in India 2023

IIMs or the Indian Institute of Management are some of the most reputed and prestigious Management colleges in India that offer management courses such as MBA, BBA, PGDM, etc. The Top IIMs in India offer quality education, infrastructure, facilities, and high-placement packages. There are around 20 IIM colleges in India, most of which are ranked among the top MBA colleges in India. The following table highlights the top IIMs in India, per NIRF Ranking 2023 with fee structure.

NIRF Ranking 2023 College Name  Total Fees (INR)
1 IIM Ahmedabad  23,00,000
2 IIM Bangalore  23,00,000
4 IIM Calcutta 23,00,000
3 IIM Kozhikode  20,50,000
6 IIM Lucknow  20,75,000
8 IIM Indore 21,14,222
11 IIM Raipur 15,49,360
12 IIM Rohtak 19,55,000
16 IIM Udaipur  17,50,000
19 IIM Kashipur  15,42,000
22 IIM Tiruchirappalli 16,50,000
24 IIM Ranchi 17,50,000
26 IIM Shillong  14,60,000
29 IIM Visakhapatnam 16,79,920
41 IIM Jammu 17,15,000
43 IIM Nagpur 18,00,000
51 IIM Amritsar 16,00,000
53 IIM Bodh Gaya 15,75,000
58 IIM Sambalpur 10,65,000
98 IIM Sirmaur 15,75,000

Top 10 MBA Colleges in India except for IIM

MBA is the most popular course amongst students and can be pursued at several colleges in India. Here is the list of the top MBA colleges in India except for IIM, according to NIRF rankings.

Top Online MBA Colleges in India

Many top MBA colleges in India now started offering Online MBAs due to pandemics and accessibility. Students unable to attend regular classes can pursue an Online MBA. Check out the top Online MBA colleges in India with average annual fees.

See Also: Online MBA Admissions

Top Online MBA Colleges in India Collegedunia

Top Executive MBA Colleges in India

Executive MBA is a part-time MBA course, designed for professionals with considerable working experience. The duration of an MBA in Executive format is 1 year. More than 241 MBA colleges in India offer Executive MBA programs. Check out the top Executive MBA colleges in India with average fees and course duration.

MBA Admission 2024

MBA admissions are based on merit as well as on an entrance exam. There are around 4736 MBA colleges in India, of which 710 are Government, and 3969 are Private colleges. Admissions to MBA courses are based on the scores of MBA entrance exams in the top MBA colleges in India, followed by a GD/ PI round.

Check:

Check out the table below for further details.

Exam Type Description Exam Name
National Level Test Conducted by 1 apex body or a leading national-level institute on behalf of many other participating colleges. CAT, MAT, CMAT, and ATMA
State Level Test These are conducted by a state body or top B-school of a state conducting the exam for all participating colleges in a state. MAH-CET, OJEE, KMAT, TANCET, or APICET
Institute Level Test The tests are led by a specific college for Admission to their MBA courses. Sometimes these scores may be accepted by other MBA Colleges in India. XAT, NMAT, SNAP, IBSAT

The Pie-chart below represents the ratio of private and MBA government colleges in India.

MBA Admission 2023 Collegedunia

Check out the admission Process to the top MBA colleges in India by visiting the links given below.

MBA Admission 2024: Eligibility

  • Candidates should score at least 50% aggregate scores from a recognized educational institute.
  • There is also a 5% relaxation available for the reserved categories.
  • To get admission to the top MBA colleges, including IITs, and IIMs, a minimum of 60% aggregate marks is needed.
  • For specializations such as MBA Executive, colleges demand a minimum of 2 to 3 years of working experience from the candidates.

IIM Ahmedabad

IIM Ahmedabad will count graduation scores for admission into the 2024-26 batch. IIM Ahmedabad ePGD ABAPGPX and Phd admission 2024 is currently open. The last date to apply is January 17, 2024CAT Result 2023 has been released.  Read More About IIM Ahmedabad MBA Admission

IIM Ahmedabad PGP-FABM Collegedunia

IIM Ahmedabad Placements Reports

The following infographic represents the Indian Institute of Management - IIM Ahmedabad placements report:

IIM Ahmedabad Placement Collegedunia

IIM Bangalore

IIM Bangalore PGP BA Admission has begun and the last date to apply for Round 2 is January 31, 2024. IIMB is inviting applications for the MBA-PGPEM & PhD Program and the last date to apply is January 25, 2024.  Know more about IIM Bangalore Admission Criteria

IIM Bangalore Placement Reports

The infographic below is the placement report of IIM Bangalore for the year 2023.

IIM Bangalore Placements 2023

Top MBA Colleges in India: Placement Wise

The top MBA colleges in India have separate placement cells that train students to grab the highest possible package and how to crack interviews. The top-ranked MBA colleges in India offer lucrative placement opportunities with high ROI into top-notch and reputed companies. Most of the highest MBA placements are grabbed by the top IIM colleges in India.

  • The top MBA colleges in India offer an average placement package ranging between INR 12 LPA to INR 25 LPA.
  • IIM Ahmedabad witnessed 114 placement offers this year and recorded the highest MBA placement package at INR 1.2 CPA.
  • FMS Delhi and MDI Gurgaon are the top MBA colleges in India other than IIM, with the highest MBA placement packages

The following infographic highlights the top MBA colleges in India placement-wise.

Top MBA Colleges in India Placement Wise Collegedunia

MBA Highest Package in India

The infographic below shows the MBA highest package in India at the top MBA Colleges in India.

MBA Highest Package in India Collegedunia

Top MBA Recruiting Companies in India

Most MBA graduates are hired depending on their MBA specializations. The top MBA colleges in India attract recruiters from various sectors such as Marketing, Finance, HRM, IT, and many others. The following table is the list of some of the top-notch and reputed companies that offer employment opportunities to MBA graduates of the top MBA colleges in India.

UBS Bharti Airtel Deutsche Bank
Hindustan Unilever Barclays Capital McKinsey & Company
Bank of America L’Oreal Paris American Express
Accenture Strategy Reserve Bank of India Citigroup
Kotak Mahindra Group Godrej JP Morgan
Goldman Sachs Boston Consulting Group Reckitt Benckiser
Bloomberg IBM Adani Digital
PricewaterhouseCoopers Deloitte OLA Electric

SSpecializationsoffered by Top MBA Colleges in India

MBA specializations are offered to help students to learn about and get expertise in a particular or concentrated field. MBA specialization is offered through Online, Offline, and Distance Learning modes. The top MBA colleges in India offer MBAs in specializations like MBA Finance, MBA in HRM, MBA IT, MBA Marketing, and many others.

Specialisations offered by Top MBA Colleges in India Collegedunia

To know more, check all the different MBA specializations.

Top MBA Colleges in India: FAQs

Ques. Which college is best for MBA in India?

Ans. The IIMs and IITs are the best colleges for an MBA. The best IIMs in India are 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.

Apart from these, there are many other top government MBA colleges in India like FMS Delhi and NITIE Mumbai, and the top private MBA colleges in India include SP Jain Mumbai, Narsee Monjee, XLRI Jamshedpur, and MDI Gurgaon.

Ques. Which place is best for an MBA in India?

Ans. Mumbai is one of the top hubs for pursuing an MBA education in India as it offers very good colleges and also placement opportunities at multiple stock exchanges. In addition to this, Delhi NCR, Gujarat, and Bangalore are some other preferred cities and states for management education in India.

Ques. Which country is best for an MBA?

Ans. India has some of the best B schools in the world, which are also ranked by international agencies like QS. Thus, India is one of the best countries for an MBA. The average MBA package after graduating from Tier 1 colleges in India like IIMs is around INR 25-40 lakh per annum. This value is comparable with many other countries in the world.

Ques. How difficult is CAT?

Ans. CAT is not a difficult exam, but rather 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 of 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 an MBA?

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

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

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

Ans. CAT 2020 was for 2 hours only, instead of 3. Each section was for 40 minutes, and candidates were not allowed to switch between sections.

Ques. What changes can be made to the CAT Application Form?

Ans. Candidates who want to make changes can update them:

  • Signature
  • Photograph
  • Test City Preferences

Any changes apart from these won’t be entertained.

Ques. What is the rating of the IIM Indore MBA course?

Ans. IIM Indore is ranked 7 among the top MBA colleges in India by NIRF Ranking 2022 and 4th by Outlook. The institute offers a PGPM degree rather than an MBA, and the rating for PGPM at IIM Indore is 8.3/10. The institute charges a fee of INR 7,86,000 for 1 year of education and offers an average salary of INR 22.92 lakh per annum. Thus, the ROI of IIM Indore is 2.91.

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

Ans. MBA Finance is one of the most popular specializations of MBA in India. The course is offered by more than 2,000 B Schools 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 an MBA so expensive?

Ans. MBA is the most popular course and the basic eligibility criterion is also not too harsh. Any graduate from any stream can pursue this course. In addition to this, MBA offers the most lucrative career options to students. The package offered after completing the course is one of the highest. Also, there is a huge demand for courses in India. All these reasons contribute to an expensive MBA degree.

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

Ans. MBA Finance graduates can earn a salary anywhere between INR 3 lakh to 30 lakhs 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. The 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 the 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 a 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 the age of 25-28 years, you will have work experience also. This increases your chances of getting recruited in the 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. Which college has the 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 are very high.

Ques. Can we do an MBA after the 12th?

Ans. No. An MBA course can be done after graduation in any stream, but not after Class 12th.

Ques. Which MBA Colleges in India accept the TANCET score for admission in 2023?

Ans. Some of the top colleges accepting TANCET scores for MBA admission in India are Anna University, PSG Coimbatore, Kongu Engineering College, Erode, ITM Business School, Chennai, CIMAT Coimbatore, and Vel Tech Chennai. Check the complete list of MBA Colleges in India accepting TANCET.

Ques. Can an MBA be done after BTech?

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

Ques. Can an MBA be done Online?

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

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

Ans. MBA does offer skills that guide you in your entrepreneurial journey. So yes, it might be a good course if you plan to become one.

Ques. Is an MBA worth the money?

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

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

Ans. This 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 know about 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. What is the Narsee Monjee Mumbai MBA Fees Structure?

Ans. The fee for an MBA from Narsee Monjee Mumbai is INR 9,25,000 for 1 year. Check the full division of Narsee Monjee Mumbai MBA Fees Structure.

Ques. How is the MBA Placement at BHU?

Ans. MBA in BHU (Banaras Hindu University) is offered through the university’s Institute of Management Studies (IMS). The average MBA salary at IMS BHU Varanasi is INR 7,20,000. The highest MBA package at BHU in 2022 placements was INR 18,00,000. Check BHU MBA Placement.

Ques. Which is the best MBA college in Mumbai?

Ans. Below is a list of the best MBA colleges in Mumbai:

  • Jamnalal Bajaj Institute of Management Studies-JBIMS
  • Shailesh J. Mehta School of Management, IIT Bombay
  • National Institute of Industrial Engineering-NITIE
  • SP Jain Institute of Management and Research-SPJIMR
  • Amity Global Business School

Ques. Which MBA gives the highest salary?

Ans. MBA Business Analytics and MBA Marketing are some of the most rewarding MBA specializations.

Ques. Which colleges in India offer MBA admission without an entrance exam?

Ans. MBA admission without entrance exams is offered in colleges like Amity University, Noida, Birla Global University, Bhubaneswar, LPU Jalandhar, UPES Dehradun, OP Jindal Global University, and many others. Read full details related to the MBA without the entrance exam.

Ques. Is ISB better than IIM?

Ans. ISB and IIM, have established themselves as the premier management institutes in India. What separates them is the fact that ISB Hyderabad asks for a 5-year pre-MBA experience from applicants. Whereas, IIMs don’t keep any such criteria.

Ques. Which is the best MBA college under CMAT in India?

Ans. Some of the best MBA colleges in India under CMAT include Great Lakes Chennai, KIIT Bhubaneswar, Alliance University, Bangalore, and VIT Vellore.

Ques. Which IIT is best for an MBA?

Ans. SJMSOM-IIT Bombay offers a very good MBA course for students. The institute has been ranked No. 4 in the world by QS World Rankings. The average salary offered remains above INR 20 lakh per year.

Ques. Is GMAT accepted in IIM?

Ans. Yes, many IIMs like IIM Bangalore give MBA admission through GMAT. ISB Hyderabad also gives admission through both GMAT and GRE. However, most IIMs consider GMAT scores only in the case of international students. Check all details about MBA Through GMAT in India.

Ques. What is the MBA eligibility?

Ans. To be eligible for an MBA, students need to have completed graduation in any stream with at least 50% marks. Students of Science, Commerce, as well as Arts streams, can pursue MBA courses. The doors are also opened for vocational course students.

Ques. Which are the best private MBA colleges in India?

Ans. Some of the best private B schools in India are:

  • Indian School of Business (ISB), Hyderabad
  • XLRI Jamshedpur
  • MDI Gurgaon
  • SP Jain Mumbai

Ques. Which is the best MBA college in Bhopal?

Ans. The best MBA college in Bhopal is the Indian Institute of Forest Management (IIFM). In addition to this, some other top MBA colleges in Bhopal include PIMR Bhopal, Sagar Institute of Research and Technology, and RKDF University, Bhopal.

Ques. Which are the best MBA colleges in Ranchi?

Ans. The best colleges in Ranchi for MBA undoubtedly include IIM Ranchi and BIT Mesra, Ranchi. In addition to this, other top MBA colleges in Ranchi include Xavier Institute of Social Service (XISS), YBN University, ICFAI University, Institute of Science and Management (ISMR), etc. Most of the MBA colleges in Ranchi are affiliated with Ranchi University and admissions in MBA courses are majorly done through CAT and MAT.

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