India's Top MBA Colleges: A Comparison by Rankings, Costs, and Placements

Every MBA candidate’s ambition is to attend one of India’s top MBA colleges! 21 IIMs, FMS Delhi, SPJIMR, XLRI, IIT MBAs, MDI, and IIFT are a few of the top MBA schools. Compare these top MBA programs according to rankings, costs, placements, cities, and tests. 

1. India’s Top MBA Colleges for 2025
IIM

has long been considered one of India’s top MBA colleges. It boasts top-notch instructors, successful graduates, and excellent placements. IIM Bangalore has become a formidable rival to IIMA for the title of Best MBA College in India throughout the past five years. Additionally, IIMB has enhanced all facets of its curriculum, especially Executive curriculum, due to its proximity in Bangalore, India’s Silicon Valley. Other notable MBA colleges in India are IIM Calcutta, XLRI Jamshedpur, IIM Kozhikode, and SPJIMR Mumbai. The Department of Management Studies at IIT Delhi, IIT Bombay SJMSoM, IIT Kharagpur VGSOM, and IIT Madras are regarded as among of India’s best Colleges. NMIMS Mumbai, MDI Gurgaon, IIFT Delhi, and FMS Delhi are some of India’s other top MBA Colleges. IIMs, IITs DMS, and PGDM Colleges are among the top 50 MBA Colleges in India. 

2. India’s Top MBA Colleges by Ranking

One of the most important factors in selecting a B-school is the MBA Ranking. Numerous factors, such as faculty, research, infrastructure, placements, fees, and many more, are taken into consideration when ranking schools. Although there are several rankings in India, the most reliable ones are Business Today 2024, MBAUniverse.com Rankings 2025, and NIRF Ranking 2024. The following list of Top MBA Colleges in India 2025 is based on these rankings. Keep in mind that IIMB, IIMC, and IIMA are the top colleges in India according to NIRF.
Top MBA Colleges in India based on Business Today 2024, MBAUniverse.com Ranking 2025, and NIRF Ranking 2024

3. Fees for the Best MBA Schools in India: The MBA Fee is a Crucial Factor
You may be searching for a reasonable price schedule that offers good placement and will reassure you about your job chances. Therefore, before deciding to enroll in an MBA program, it would be wise to examine the cost structures of various B-schools and the educational advantages that result from them.
Almost all rankings place IIM Ahmedabad, Bangalore, and Calcutta among the top MBA schools in India based on a number of criteria, however their tuition is extremely expensive—it exceeds 24–25 lakhs. However, one of the best MBA programs in India is offered by the Faculty of Management Studies, Delhi University (FMS Delhi), which charges as little as Rs. 25,000 each semester and less than Rs. 2 lakhs in total fees. Due to its excellent ROI and high average placement that is compatible with top IIMs, it is recommended by many IIMs.

3.1 India’s Top 10 MBA Colleges with Fee Schedule
View the list of India’s Top 10 MBA Schools along with their tuition costs below.

3.2 Leading Low-Cost MBA Colleges in India
The best MBA Colleges in India with the lowest tuition costs are included in this section. One of the best MBA schools in India, FMS Delhi, charges Rs. 1.92 lakhs for an MBA, while SIMSREE, a Mumbai University MBA Colleges, charges as little as Rs. 2.36 lakhs for an MBA or PGDBM. PUMBA Pune, a Pune University MBA Colleges, charges a reasonable Rs. 2.45 lakhs. Here are a few of India’s top MBA Colleges that provide affordable tuition.

4. Top MBA colleges in India for Placement

Students from prestigious IITs, NITs, medical schools, and chartered accountants choose to pursue an MBA from one of the best MBA institutions in India after graduating since it gives the highest income in the country. You may make the best admissions option if you look at the average placements and ROI at the B-schools before choosing. What is the MBA program with the highest placement rate? Which recruiters are the best? Before you invest a significant amount of money in your MBA program, these questions must be addressed in order to determine the return on investment. Three groups might be created based on average placements: Highest Placement B-schools, such as the older IIMs; High Placement B-schools, such as IITs and TAPMI; and Moderate Placement B-Colleges, such as BIMTECH, LIBA, and Jaipuria, among others. Before selecting the best MBA Colleges, you should evaluate the costs and placements of the B-Colleges. Here are a few of India’s best MBA schools ranked by placement.

4.1 India’s Top 20 MBA Colleges Placement-wise: Mean Pay for Positions 2024 and Prior

5. India’s Top MBA Colleges: 21 IIMs are ranked among the country’s top MBA Ccolleges.

6. Top MBA Colleges in India: IIT MBA Programs are amongst the Best MBA Colleges in India

7. Top Private MBA Colleges in India
Apart from IIMs, the best MBA school in India include non-IIM MBA colleges such as XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, IMT Ghaziabad, IMI New Delhi, MICA Ahmedabad, TAPMI Manipal, FORE School of Management Delhi among others. Check complete list below.

8. India’s Top MBA Colleges
Below is a list of other top MBA colleges in India.

9. Top Government MBA Colleges in India
While IIMs are undisputed top MBA colleges which are created with an Act of Parliament and enjoy special autonomous status, the top Government MBA Colleges in India are MBA departments of public universities like FMS Delhi, JBIMS Mumbai (affiliated to Mumbai University); PUMBA (Management department of Pune University), UBS Chandigarh and Lucknow University.

10. Faculty at India’s Best MBA Colleges: Essential to Your Education
You must ascertain the level of expertise and qualifications of the B-school’s faculty. Each B-school posts an area-by-area faculty profile on its website. Particularly for the MBA program you want to enroll in, you should thoroughly review faculty profiles and do topic-specific research, looking for attributes like professional experience, academic qualifications, research field and publications, and industry participation.

11. Top MBA College Alumni Base
Because of its global network of former students, a B-school’s alumni base grows with age, leading to improved job opportunities. If you compare the 20 IIMs, you can see how accurate that is—the older ones finish their placement as early as February with generous compensation packages, whereas the younger ones battle until the very end. With a history spanning over 60 years, FMS Delhi is the oldest B-school to provide an MBA. Its alumni are dispersed around the globe. When campus placement begins, candidates are placed in a matter of days.

12. MBA Programs MBA College Offers
You must determine whether you want to pursue a specialized MBA from the start or a general MBA with a specific area of focus in the second year. While many other MBA colleges provide specialty MBA programs, such as MBA Finance, MBA HR, MBA Business Analytics, and MBA Rural Management, among others, many prestigious MBA schools only offer general MBA programs. The decision must be taken prior to admission.

13. MBA College Accreditation: Robust Quality Verification

The B-schools’ national and international accreditations demonstrate the quality of their education, including their curriculum in accordance with industry standards and global standards, their pedagogy, their excellent faculty and research, and their facilities—all of which are important factors when selecting the best MBA college. The Association to Advanced Collegiate Schools of Business (AACSB), USA; EFMD Quality Improvement System (EQUIS); Association of MBAs (AMBA), UK; National Board of Accreditation (NBA); and National Assessment & Accreditation Council (NAAC) are the well-known national and international accreditations that you should search for before choosing your preferred MBA Colleges.