The article candidate will find important information about the Top MBA college in India 2024. Read the full article to learn about Top private MBA colleges, Top government MBA colleges, Top distance MBA colleges, Best state for top MBA colleges and MBA college offering the highest salary in India.
Top MBA College in India 2024
MBA, Master of Business Administration is a graduate-level degree. That focuses on various aspects of business management and administration. It is highly regarded globally and pursued by the candidate to advance their career in the business world or those looking to focus on managerial roles. In India, there are 110 colleges to pursue MBA (Master of Business Administration). To get admission in MBA candidate needs to qualify for the entrance examination such as CAT, XAT, and CMAT. According to NIRF ranking 2023 IIM Ahmedabad, IIM Bangalore, and IIM Calcutta are the top colleges in India 2024.
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A total of 110 colleges provide MBA (Masters of Business Administration) courses in India. Out of which 64 colleges are privately owned, 45 colleges are public/government organisations, and 1 college is public private organisation. The MBA program is of 2-year duration with 4 semesters, also it can be 1 year PGDM course. The MBA course is chosen by the student from various stream including Arts, business and Science.
MBA often opens doors to diverse career path, including a role in Consulting frames, Finance, marketing, startup, multinational corporations, and even non-profit organisations, it also enhances the potential for career advancement and high salary.
Top MBA College in India 2024 Highlight
| Parameters | Particulars/statistics |
| Number of MBA college | 110 |
| Annual fee | INR < 1 lakh: 7 Colleges INR 1-2 lakh: 5 Colleges INR 2-3 lakh: 6 Colleges INR 3-5 lakh: 11 Colleges INR > 5 lakh: 74 Colleges |
| Top specialisation | Sales marketing, Finance, Human resources, operations, IT, system etc |
| Accepting entrance exam | CAT, XAT, CMAT, MAT |
| No. Of top MBA college | 20 IIMs 23 IITs |
MBA College Entrance Exam 2024
CAT, XAT, & MAT are the entrance exam conducted for MBA. Check the details below:
- CAT -CAT is known as a common in admission test. It is the national-level management aptitude test for admission to MBA course. Through CAT candidates can be admitted in 20 IIMs and over 1,200 business school in India.
- XAT – XAT is known as Xavier aptitude test. It is a national-level entrance exam conduct by XLRI Jamshedpur for the admission to MBA/ PGDM programs.
- MAT – Management Aptitude Test (MAT) is a national-level entrance exam conduct by All India Management Association (AIMA) to take admission in MBA/PGDM courses.
List of Top MBA Colleges in India 2024
Candidates can check the table given below for the best MBA college in India with the ranking as per NIRF. These institutions Are Renowned for their faculty, infrastructure, industry connections, and placement which makes them highly sought after by MBA aspirants in India. So that they can choose their college accordingly. It is very important for the candidate to know about the top colleges before the entrance examination.
| College Name | NIRF 2023 |
| Indian Institute of Management, Ahmedabad (IIM) | 1 |
| Indian Institute of Management, Bangalore (IIM) | 2 |
| Indian Institute of Management, Kozhikode (IIM) | 3 |
| Indian Institute of Management, Calcutta (IIM) | 4 |
| Indian Institute of Technology, Delhi (IIT) | 5 |
| Indian Institute of Management, Lucknow (IIM) | 6 |
| IIM Mumbai (formerly known as NITIE) | 7 |
| Indian Institute of Management, Indore (IIM) | 8 |
| XLRI- Xavier School of Management | 9 |
| Indian Institute of Technology Bombay | 10 |
Top Private MBA College in India 2024
There are a total of 64 private colleges that provide MBA courses all over India. Aspiring candidates can check the list given below for some of the Top private MBA colleges in India 2024 with tuition fee, seats intake, entrance exam and eligibility for applying to the college.
| College Name | Total tuition fee/ Seats Intake | Entrance exam / Eligibility |
| XLRI | INR 29 lakh Seats: 1,310 | Entrance exam: XAT, GMAT Eligibility: Graduation with 50% marks |
| MDI | INR 25 lakh Seats: 750 | Entrance exam: CAT, XAT, MAT, GMAT Eligibility: Graduation with 50% aggregate |
| SIBM Pune | INR 22 lakh Seats: 282 | Entrance exam: SNAP Eligibility: Bachelor’s Degree with 50% aggregate |
| SPJIMR | INR 20 lakh Seats: 780 | Entrance exam: CAT Eligibility: Graduation with 50% aggregate |
| NMIMS School of Business Management | INR 12 Lakh Seats: 990 | Entrance exam: NMAT Eligibility: Graduation with 55% aggregate |
| Amity University Noida | INR 5 lakh Seats: 120 | Entrance exam: MAT, XAT, CAT, NMAT, etc. Eligibility: class 12 with 70% and graduation with 60% aggregate |
| LPU | INR 8 lakh Seats: 500 | Entrance exam: LPU, NEST, MAT, XT, CAT, etc. Eligibility: class 12 with 60% and graduation with 55% aggregate |
Top Government MBA College in India 2024
There are 45 government colleges provides the MBA course in all over India. Here is some of the list of top government college in India. Interested candidate can check the list given below for top government colleges, their tuition fees, number of seats, entrance exam and eligibility.
| College Name | Total tuition fee/ Seats Intake | Entrance exam / Eligibility |
| IIT Ahmedabad | INR 25 lakh Seats: 50 | Entrance exam: CAT, GATE Eligibility: Graduation with 50% aggregate |
| IIM Bangalore | INR 25 lakh Seats: 635 | Entrance exam: CAT Eligibility: Graduation with 50 % aggregate (45% for SC/ST students) |
| IIT Delhi | INR 11 lakh Seats: 91 | Entrance exam: CAT Eligibility: Graduation with 60% aggregate |
| IIM Kozhikode | INR 21 lakh | Entrance exam: CAT, EMAT Eligibility: Graduation with 50% aggregate |
| IIM Lucknow | INR 13 lakh | Entrance exam: CAT Eligibility: Graduation with 50% aggregate |
| IIM Raipur | INR 14 lakh | Entrance exam: CAT Eligibility: Graduation with 50% aggregate |
| IIM Rohtak | INR 9 Lakh | Entrance exam: CAT, IPM aptitude test Eligibility: class 12 with 60% aggregate |
Top Distance MBA College in India 2024
The table shows the best top-distance college for MBA in India with tuition fees and seat intake. Candidates who want to pursue MBA in a distance can check the table given below.
| Distance MBA college | Tuition fees | Seat intake |
| XLRI Xavier School of Management | INR 14 lakh | NA |
| SRM Institute of Science and Technology | INR 60,000 | 1,200 |
| National Institute of Agriculture extension management | INR 15,000 | NA |
| Neville Wadia Institute of Management Studies and Research | INR 3.8 lakh | 120 |
| Indian Institute of Finance | INR 1.6 lakh | NA |
| IGNOU | INR 62,000 | NA |
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Here is the best college with tuition fees and annual average package given below.
| College Name | Total tuition fee | Annual average package |
| IIM Ahmedabad | INR 25 lakh | INR 30 LPA |
| IIM Bangalore | INR 25 lakh | INR 33 LPA |
| IIT Delhi | INR 11 lakh | INR 24 LPA |
| IIM Kozhikode | INR 21 lakh | INR 27 LPA |
| IIM Lucknow | INR 13 lakh | INR 30 LPA |
| XLRI | INR 29 lakh | INR 30 LPA |
FAQs on Top MBA College in India 2024
What are the entrance exams required for admission?
Common entrance exams for MBA admissions in top colleges include CAT (Common Admission Test), XAT (Xavier Aptitude Test), GMAT (Graduate Management Admission Test), and CMAT (Common Management Admission Test). Each college may have its preferred exam(s).
What is the eligibility criteria for admission?
Eligibility criteria often include a bachelor’s degree in any discipline from a recognized university, a minimum qualifying score in the entrance exams, and sometimes work experience.
What weightage do colleges give to different application components?
Colleges consider a combination of entrance exam scores, academic performance, work experience (if required), SOP, letters of recommendation, and sometimes personal interviews. The weightage varies across institutions.
Are scholarships available, and how can I apply for them?
Many top MBA colleges offer scholarships based on merit, need, or specific criteria. Each college has its scholarship programs and application processes, often outlined on their official website.
What is the average salary package offered to graduates?
MBA graduates from top colleges often receive attractive salary packages. The average salaries vary depending on factors like the college, industry, specialization, and the individual’s profile.