Top MBA Colleges in India: Choose Among Top B-Schools in India

 

An MBA course is a gateway to a plethora of entrepreneurial and job opportunities. To pursue MBA from one of the Top MBA Colleges in India is the dream of every aspirant. Some of the Top MBA Colleges in India, according to MHRD NIRF Rankings 2021, are IIM Bangalore, IIM Ahmedabad, IIM Kozhikode, IIM Calcutta, and IIM Indore. 

Apart from IIMs, some other top prominent management colleges in India, including MDI Gurgaon, XLRI Jamshedpur, SPJIMR, International Management Institute, Vellore Insitute of Technology, etc. A few of India's top MBA colleges are also ranked as the best colleges globally. IIM Bangalore, SPJIMR, and IIM Ahmedabad have also been ranked among the global top 50 institutes by the Financial Times Masters in Management 2021. 

Top MBA specializations are Marketing, Operations, General Management, Business Analytics, Sales, Finance, Human Resources, Information Technology, Digital Marketing, Information Technology, Event Management, etc. 

The admission process into these courses is based on the candidate’s performance in entrance exams, namely, MAT, CAT, NMAT, CMAT, SNAP, ATMA, etc. Before finalizing the top college for further studies, candidates should check every detail about these colleges, like placement stats, fees, curriculum, course structure, reviews, ranking, etc. These are the main criteria for selecting the preferred business school for studies.

Top MBA Colleges in India

As per the NIRF 2021 Management Colleges Ranking, Top MBA Colleges in India are provided in the table below:

Name of the College	NIRF Ranking 2021
IIM Ahmedabad	1
IIM Bangalore	2
IIM Calcutta	3
IIM Kozhikode	4
IIT Delhi DoMS	5
IIM Indore	6
IIM Lucknow	7
XLRI Jamshedpur	8

IIM Ahmedabad

IIM Ahmedabad (IIM A) is a public business school that was established in the year 1961. The institute is located in Gujarat and has been declared as 'Institute of National Importance by MHRD. IIM A has been ranked 1st position by NIRF in 2021 under the 'Management' category. The institute has been regarded as the best institute of Management education. 

IIM Ahmedabad is known for its full-time two years residential flagship PGP also known as MBA. Admission to the course is based on the scores obtained in CAT. IIM Ahmedabad is also known for its excellent record of placements. Over the past four-year, IIM A has maintained a record of 100% placement. The institute is also well known for its dedicated faculty members and its academic robustness.

IIM Bangalore

IIM Bangalore is one of the top MBA Colleges in India established in 1973. Every year, across several programs the institute admits over 1,200 students. IIM Bangalore has been ranked 2nd position among the top 100 Business schools in India by NIRF ranking 2021. 

IIM Bangalore offers admission based on entrance exams like GMAT, CAT, GATE, GRE. IIM Bangalore provides various Doctoral,  Post Graduate, and Certificate Levels courses in EPGP, PGP (MBA) in management. The two-year PGP, out of all the courses leads to an MBA degree which is the flagship course of IIM Bangalore, and admission to the two-year PGP is based on scores obtained in the CAT exam.

IIM Calcutta

IIM Calcutta was the first institute that was established under the legacy of IIM. The institute has been ranked 3rd position by NIRF 2021 under the Management category. IIM Calcutta is regarded as one of the top Business schools in India for Management education. 

IIM Calcutta provided Post Graduate, Executive, Doctoral programs to its students out of which the flagship course is MBA (or PGPM). IIM Calcutta as a part of its curriculum also runs an International Student Exchange Program (STEP). Some of the top recruiters in IIM Calcutta are from domains like Operations, Investment Banking, Consulting, General Management, Marketing, and Information Systems.

IIM Kozhikode

Indian Institute of Management Kozhikode was established by the Government of India in the year 1996 in collaboration with the Kerala State Government. IIM Kozhikode has been ranked4th position by NIRF ranking in 2021. 

IIM Kozhikode offers academic programs like Post Graduate Programme (PGP), Doctoral Programme in Management, Post Graduate Programme in Business Leadership, Post Graduate Programme in Liberal Studies and Management, Post Graduate Programme in Finance, and seven executive programs.

IIT Delhi Department of Management Studies (DMS)

IIT Delhi DoMS is the research and school of management education in IIT Delhi. IT Delhi DMS has been ranked 5th position by NIRF ranking in 2021. IIT Delhi DMS offers Management courses at Doctorate and Postgraduate and Doctoral levels such as Executive MBA, MBA for foreign students, MBA telecom Full time. The basic admission criteria for the IIT Delhi DMS courses are based on Common Admission Test.

IIM Indore

IIM Indore is another Top MBA College in India that was established in the year 1996. The institute has been ranked 6th position by NIRF ranking in 2021. IIM Indore offers both need and merit-based scholarships in the form of concessions and fee waivers as it believes that because of financial issues no student should be denied the privileges of education. 

The top recruiters of IIM Indore are BCG, Bain & Company, EY, Deloitte, PwC, etc. The highest domestic salary package offered in 2021 was 41.5 LPA and the highest international salary package offered was 56.8 LPA.

IIM Lucknow

IIM Lucknow was a Public/ Autonomous institute that was established in 1984. IIM Lucknow has been ranked 7th position by NIRF ranking 2021 and 5th position by Outlook 2020. The institute offers courses like Doctorate, Post Graduate, and Short-Term courses. Admission to IIM Lucknow is based on entrance exams like CAT, GMAT, XAT, MAT, etc. 

IIM Indore provides a very good placement record for its students. Some of the top recruiters of IIM Lucknow are Amazon, Accenture, Goldman Sachs, Ernst and Young, Asian Paints, American Express, Axis Capital, ICICI Bank, Colgate Palmolive, Deloitte, Flipkart, Investec, Uber, and ITC. The highest domestic salary package offered in 2021 was Rs. 54LPA and the highest international salary package offered was Rs. 58.47 LPA.

XLRI Jamshedpur

Xavier School of Management is one of the oldest Business schools in India which was established in the year 1949. XLRI Jamshedpur has been ranked 8th position by NIRF ranking 2021 ranked and 1st position by The Times for MBA. The institute offers various Executive and PGDM courses. 

Apart from these courses, the institute also offers full-time Management courses and corporate programs as well as Virtual Interactive Learning (VIL) and part-time courses for working executives. 

The institute also offers short-term Management Development Programmes, Full-time Fellow Programme in Management under Corporate courses, and also provides various certificate courses. 

XLRI has recorded 100% placement in 2021. The highest domestic package offered in 2021 was 60 LPA and the average package offered was 30.73 LPA.

Thus, finding the right Business school among the Top reputed B-schools in India is one of the challenges that every MBA candidate face. An aspirant should consider various factors while choosing the college such as infrastructure, faculties, college reputation, placement records, how old is college, affiliation and many more. 

It is very much important for a candidate to know about the top business schools in India and also to know what is required from candidates to secure a seat in that Business school.