hello,

Some of the top MBA colleges in Delhi are:

• Faculty of Management Studies, Delhi University
• Department of Management Studies, Indian Institute of Technology, Delhi
• International Management Institute
• Jamia Millia Islamia
• Indian Institute of Foreign Trade

The hostels are not compulsory. The seats in the hostels are limited and for most of the cases they are allocate on first-come basis. You can check the link below to know more about the colleges

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-delhi

Good luck!