Top 10 MBA Colleges In India 2025: Fees, Placements & Entrance Exam

Top MBA Colleges In India: Master of Business Administration, shortly known as MBA, is the topmost Business course offered in India. MBA is known for not just getting a qualification, but it is a whole experience that transforms an individual into a full-time grown professional having all the necessary skills to excel in the field of Management. It is the most chosen postgraduate degree in India. 

The nature and structure of the Master’s in Business Administration program are such that its demand is expected to increase in the near future, accompanied by a significant rise in salaries and growth in job functions.

Once a student graduates from a reputable MBA college in India, they can build a successful career in fields such as marketing, Finance, technology, and consulting. 

Hence, investing your hard-earned money in pursuing an MBA program will take you to the topmost senior management levels in any organisation.

If you’re comparing the best MBA options across India, don’t miss our complete guide on the Top Colleges in India, where you can explore not just MBA, but also leading institutions for B.Tech, BBA, and Medical studies.

List of Top 10 MBA Colleges in India

These colleges are known as the best because of their tough academics, great placement results, and strong ties with industries

Top Government MBA Colleges in India

Government colleges, especially top institutes like IIMs and universities such as FMS, are well-known for giving students excellent value for their money.

This is mainly because their fees are much lower compared to private colleges, while their placement records and salary packages are among the best in the country.

Top Private MBA Colleges in India

What are the factors you should consider while making a choice about an MBA College?

Selecting the most appropriate business school is important to build the right career. The following parameters can be used to judge an institute according to your requirements.

• Return on investment– See what fees are required to be paid along with other expenditures, such as accommodation for the whole course, and compare it with the expected average salary offered to the students from the same institute in previous years.
• Check for the specialisations offered by the institute, whether your area of interest is available as a specialisation or not. For example, Finance, marketing, or operations.
• Location can also play a good role in choosing the right B School. Metro and Tier I cities offer a good livable experience as well as offline internships and industry interaction opportunities. 
• Placement records are the most promising results, which offer you insights into average and median salaries. The top recruiters and what percentage of students who get placed every year from that particular Institute.
• Checking for the credibility of faculty members and the alumni network is helpful because they can provide you with huge career support and insights. 

How to get Admission into an MBA Program in India?

Most of the Business schools have the standard criteria as listed below. Institutes can also derive their own weighted formula to select the students. 

• Bachelor’s degree– A student must possess a bachelor’s degree to pursue an MBA program.
• CAT– Common Admission Test- CAT is the most important admission test, which is considered for admissions to most of the B schools in India, including the Indian Institute of Management. Basically, the purpose of the common admission test is to check verbal ability, quantitative aptitude and logical reasoning.
• XAT– XLRIs in India accept XAT scores along with other Institutions such as XIMB, SPJIMR, and IMT. The purpose of XAT is quite the same as CAT but it also includes specific parts on essay and decision making.
• GMAT– Graduate Management Admission Test. It is conducted globally to secure admission in the Indian School of Business’s postgraduate program. GMAT scores are considered if you want to pursue an MBA program outside of India.
• Other exams– State University can have their own test for admission to their Institutes.

Process

• Once you appear in the examination stated above and the results are declared, you need to fill up the respective application forms of different Institutes.
• Candidates are shortlisted on the basis of scores.
• A group discussion or a written ability test is conducted, followed by a personal interview.
• Post that, the final admission offers are made to the selected candidates. 

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FAQs of Top MBA Colleges In India

Q: Which is the best private institution for an MBA in India?

Ans: Mangalmay Group of Institutions and Indian School of Business are the best private Institutes for MBA in India. Other institutions could be MDI Gurgaon, SPJIMR Mumbai.

Q: What is the average fee to be paid for an MBA for the total course?

Ans: Pursuing an MBA in India from IIMs will cost you around 20-25 lakhs. Whereas institutions such as FMS, Delhi, offer cheaper alternatives where 3 lakhs would be sufficient. So the average comes out to be around Rs. 15 lakhs. 

Q: Is it necessary to have work experience to be eligible for an MBA?

Ans: While it is preferable, but not necessary. Candidates get an additional advantage while their applications are being scrutinized if they have work experience of 1 to 3 years. But if you want to pursue an executive MBA, then it is necessary. 

Q: I got a low percentile in CAT. Can I still get admission into the MBA?

Ans: Yes, although it is difficult. A low percentile is considered, which is below 90%. You may not get a call from top IIMs like Ahmedabad, Bangalore or Calcutta but you can still hold your hopes to get a call from various private colleges.