Top 20 Best MBA Colleges in India: Fees, Placement & Exam

Top 20 Best MBA Colleges in India: Fees, Placement & Exam  

Introduction

India is home to some of the top MBA institutions globally, offering excellent education, infrastructure, and placement opportunities. In this blog, we will discuss the Top 20 Best MBA Colleges in India, covering essential details like fees, placement packages, batch sizes, and exams accepted. This list aims to help students make informed decisions for pursuing an MBA at best institutions across the country.

Top 20 Best MBA Colleges in India: Fees, Placement & Exam  

Below is the detailed list of the top MBA placement colleges in India with a breakdown of critical information like location, fees, accepted exams, average and highest packages, and more.

1. Indian Institute of Management (IIM) Ahmedabad  

• Location: Ahmedabad, Gujarat

• Accepted Exam: CAT, GMAT

• Fee: ₹23-25 Lakhs

• Average Package: ₹33 LPA

• Highest Package: ₹75 LPA (Domestic), ₹1.32 Cr (International)

• Batch Size: 380-400 students

• Top Recruiting Companies: Boston Consulting Group, McKinsey & Co, Goldman Sachs, Amazon, HUL

• Key Features: Known for academic rigor, strong faculty, global exposure, excellent alumni network, and leadership in consulting placements.

2. Indian Institute of Management (IIM) Bangalore  

• Location: Bangalore, Karnataka

• Accepted Exam: CAT, GMAT

• Fee: ₹23-24 Lakhs

• Average Package: ₹33 LPA

• Highest Package: ₹80 LPA (Domestic), ₹1.25 Cr (International)

• Batch Size: 400-420 students

• Top Recruiting Companies: Accenture, Microsoft, Tata Consultancy Services, BCG, KPMG

• Key Features: Strong industry connections, focus on entrepreneurship, research-driven programs, and high international placement opportunities.

3. Indian Institute of Management (IIM) Calcutta  

• Location: Kolkata, West Bengal

• Accepted Exam: CAT, GMAT

• Fee: ₹23-24 Lakhs

• Average Package: ₹35 LPA

• Highest Package: ₹1.15 Cr (International)

• Batch Size: 440-460 students

• Top Recruiting Companies: Bain & Company, JP Morgan, Citi, PWC, Deloitte

• Key Features: Specializes in finance and consulting, rich academic history, state-of-the-art infrastructure, focus on analytics and technology.

4. Indian School of Business (ISB) Hyderabad  

• Location: Hyderabad, Telangana

• Accepted Exam: GMAT, GRE

• Fee: ₹37 Lakhs

• Average Package: ₹34 LPA

• Highest Package: ₹72 LPA

• Batch Size: 900+ students

• Top Recruiting Companies: Google, Facebook, Amazon, McKinsey & Company, Accenture

• Key Features: One-year MBA program, strong ties with global companies, research-driven curriculum, diverse student cohort.

5. Indian Institute of Management (IIM) Lucknow  

• Location: Lucknow, Uttar Pradesh

• Accepted Exam: CAT, GMAT

• Fee: ₹20 Lakhs

• Average Package: ₹30 LPA

• Highest Package: ₹61.59 LPA (Domestic)

• Batch Size: 490 students

• Top Recruiting Companies: Deloitte, EY, Infosys, Google, Amazon

• Key Features: Focus on operations management, large alumni network, and emphasis on sustainable management.

6. Xavier School of Management (XLRI) Jamshedpur  

• Location: Jamshedpur, Jharkhand

• Accepted Exam: XAT, GMAT

• Fee: ₹23-25 Lakhs

• Average Package: ₹32 LPA

• Highest Package: ₹78 LPA

• Batch Size: 360 students

• Top Recruiting Companies: Microsoft, Amazon, BCG, Bain & Company, ITC

• Key Features: Known for its HR and Business Management programs, strong corporate ties, and focus on ethics and value-based education.

7. Indian Institute of Management (IIM) Indore  

• Location: Indore, Madhya Pradesh

• Accepted Exam: CAT, GMAT

• Fee: ₹22 Lakhs

• Average Package: ₹27 LPA

• Highest Package: ₹50 LPA

• Batch Size: 600-620 students

• Top Recruiting Companies: Deloitte, Cognizant, HDFC Bank, EY, HSBC

• Key Features: Strong in finance and consulting, large intake of students, focus on experiential learning, and global exposure opportunities.

8. Faculty of Management Studies (FMS) Delhi  

• Location: Delhi

• Accepted Exam: CAT

• Fee: ₹2 Lakhs

• Average Package: ₹34 LPA

• Highest Package: ₹58 LPA

• Batch Size: 287 students

• Top Recruiting Companies: Microsoft, Reliance, Tata Sons, Axis Bank, Flipkart

• Key Features: Low fee structure, exceptional ROI, excellent placement record, strong alumni network, focus on leadership and management.

9. Indian Institute of Management (IIM) Kozhikode  

• Location: Kozhikode, Kerala

• Accepted Exam: CAT, GMAT

• Fee: ₹22 Lakhs

• Average Package: ₹29.5 LPA

• Highest Package: ₹62 LPA

• Batch Size: 480 students

• Top Recruiting Companies: Amazon, McKinsey & Company, Google, PwC, Tata Consultancy Services

• Key Features: Strong focus on entrepreneurship and innovation, global exposure, leading in gender diversity among IIMs.

10. SP Jain Institute of Management and Research (SPJIMR) Mumbai  

• Location: Mumbai, Maharashtra

• Accepted Exam: CAT, XAT, GMAT

• Fee: ₹20 Lakhs

• Average Package: ₹33 LPA

• Highest Package: ₹77.8 LPA

• Batch Size: 240 students

• Top Recruiting Companies: Boston Consulting Group, Google, HUL, Tata Group, PWC

• Key Features: Renowned for its values-driven leadership programs, experiential learning, strong industry connections, and international immersion.

11. Management Development Institute (MDI) Gurgaon  

• Location: Gurgaon, Haryana

• Accepted Exam: CAT, GMAT

• Fee: ₹21-23 Lakhs

• Average Package: ₹27 LPA

• Highest Package: ₹60 LPA

• Batch Size: 240 students

• Top Recruiting Companies: Deloitte, EY, Amazon, KPMG, Axis Bank

• Key Features: Known for HR and operations management, close proximity to corporate hubs, strong industry interface.

12. National Institute of Industrial Engineering (NITIE) Mumbai  

• Location: Mumbai, Maharashtra

• Accepted Exam: CAT, GATE

• Fee: ₹14 Lakhs

• Average Package: ₹26.7 LPA

• Highest Package: ₹78 LPA

• Batch Size: 400 students

• Top Recruiting Companies: ITC, Procter & Gamble, Reliance, EY, Tata Consultancy Services

• Key Features: Specializes in supply chain and operations management, known for industrial engineering and productivity courses.

13. Symbiosis Institute of Business Management (SIBM) Pune  

• Location: Pune, Maharashtra

• Accepted Exam: SNAP

• Fee: ₹20 Lakhs

• Average Package: ₹24 LPA

• Highest Package: ₹61 LPA

• Batch Size: 180 students

• Top Recruiting Companies: Accenture, IBM, Capgemini, Deloitte, Google

• Key Features: Focus on holistic development, strong placement support, active industry collaborations.

14. Indian Institute of Foreign Trade (IIFT) Delhi  

• Location: Delhi

• Accepted Exam: IIFT Entrance Exam

• Fee: ₹21 Lakhs

• Average Package: ₹29 LPA

• Highest Package: ₹75 LPA

• Batch Size: 350 students

• Top Recruiting Companies: HSBC, ICICI Bank, HDFC Bank, Axis Bank, Tata Consultancy Services

• Key Features: Specialization in international business and trade, excellent faculty, government-backed institution with strong global focus.

15. Narsee Monjee Institute of Management Studies (NMIMS) Mumbai  

• Location: Mumbai, Maharashtra

• Accepted Exam: NMAT by GMAC

• Fee: ₹20-22 Lakhs

• Average Package: ₹23 LPA

• Highest Package: ₹57 LPA

• Batch Size: 500+ students

• Top Recruiting Companies: EY, KPMG, Deloitte, HUL, Infosys

• Key Features: Renowned for its finance and HR programs, strong industry tie-ups, state-of-the-art infrastructure.

16. Institute of Management Technology (IMT) Ghaziabad  

• Location: Ghaziabad, Uttar Pradesh

• Accepted Exam: CAT, XAT, GMAT

• Fee: ₹19 Lakhs

• Average Package: ₹15.28 LPA

• Highest Package: ₹62 LPA

• Batch Size: 450 students

• Top Recruiting Companies: Deloitte, Google, Infosys, Wipro, HDFC Bank

• Key Features: Strong in marketing and sales management, industry-centric curriculum, global exposure opportunities.

17. Jamnalal Bajaj Institute of Management Studies (JBIMS) Mumbai  

• Location: Mumbai, Maharashtra

• Accepted Exam: CAT, MAH-CET, GMAT

• Fee: ₹6-7 Lakhs

• Average Package: ₹28 LPA

• Highest Package: ₹42 LPA

• Batch Size: 120 students

• Top Recruiting Companies: Goldman Sachs, JP Morgan, Accenture, Reliance, Citibank

• Key Features: Excellent ROI due to low fees, strong placement in finance and investment banking, strategic location in Mumbai’s financial hub.

18. International Management Institute (IMI) Delhi  

• Location: Delhi

• Accepted Exam: CAT, GMAT

• Fee: ₹20 Lakhs

• Average Package: ₹17.75 LPA

• Highest Package: ₹50 LPA

• Batch Size: 240 students

• Top Recruiting Companies: Deloitte, Capgemini, Cognizant, EY, IBM

• Key Features: Strong emphasis on leadership and ethics, excellent corporate connections, well-established faculty.

19. Institute of Rural Management Anand (IRMA)  

• Location: Anand, Gujarat

• Accepted Exam: CAT, XAT

• Fee: ₹15 Lakhs

• Average Package: ₹15.5 LPA

• Highest Package: ₹27 LPA

• Batch Size: 180 students

• Top Recruiting Companies: Amul, ITC, ICICI Bank, Tata Trusts, Reliance Foundation

• Key Features: Specializes in rural management, known for its unique curriculum that blends business management with rural development, strong industry tie-ups in the social sector.

20. Great Lakes Institute of Management Chennai  

• Location: Chennai, Tamil Nadu

• Accepted Exam: CAT, XAT, GMAT, CMAT

• Fee: ₹20 Lakhs

• Average Package: ₹17.86 LPA

• Highest Package: ₹33 LPA

• Batch Size: 550 students

• Top Recruiting Companies: Deloitte, EY, Cognizant, Infosys, HSBC

• Key Features: One-year MBA program, strong focus on analytics and data science, international faculty, known for entrepreneurial support.

Conclusion  

Choosing from the Top 20 MBA colleges in India placement wise depends on several factors like curriculum, industry exposure, and personal preferences. Each of these institutes not only offers stellar academic training but also ensures strong placement opportunities in top companies. Whether you're aiming for consulting, technology, or entrepreneurship, these institutions can provide the right platform. Make sure to assess the options based on fees, placement, and long-term career goals to find the best fit for you.