Which are the top 20 MBA colleges in India?

MBA is one of the most common degrees among graduates. There was a time when it used to be considered a good choice among commerce graduates, but with the ample number of options of specializations, today MBA has become an equally popular choice among students from every stream. From commerce graduates to engineers, every student today thinks of pursuing the management degree to get a well-paying job in the leading companies in India and overseas. After clearing different entrance exams for admission in top B-schools in India, students get confused with the selection of the right colleges. After clearing exams like CAT, MAT and XAT, students qualify for admission in almost all the top MBA colleges in India. With so many options, most of the times it gets difficult to make the final choice of college.

The only way in such a situation is to compare different colleges on important criteria like curriculum, teaching techniques, placement, campus, overall fees and average salary of the previous students who got campus placements.

Keeping these factors into the mind, I tried to make the comprehensive list of top 20 MBA colleges in India. Hope the list helps you find the most suitable college to pursue the degree and achieve your goals.

1. IIM-Ahmedabad
2. ISB, Hyderabad
3. IIM-Calcutta
4. IIM-Lucknow
5. XLRI, Jamshedpur
6. IIM-Bangalore
7. IIM-Indore
8. Narsee Monjee Institute of Management
9. MILE
10. Symbiosis Institute of Business Managemnet
11. IIFT
12. Birla Institute of Technology and Science
13. Management Development Institute (MDI) Gurgaon
14. SVKM’s NMIMS, Mumbai
15. Jaipuria Institute of Management
16. Institute of Management Technology
17. Jamnalal Bajaj Institute of Management Studies, Mumbai
18. Amity University
19. GLIM, Chennai
20. Institute of Marketing and Management

Now, if I have to select one MBA college among these, my choice would be Lexicon MILE (http://lexiconmile.com/) , Pune. Yes, many of you might say that how can this college be my choice from a list having IIMs and other top colleges. So the reasons to pick this college include:

• Skill development
• Summer and winter internship
• Industrial exposure
• Live projects
• Seminars
• Industry visits
• Corporate workshops

Hi Aarush,

The most sought-after post-graduation degree for most of the people today is MBA. For many people it’s a golden ladder to quickly climb up the corporate ladder. MBA offers fast-paced career growth which helps students to launch themselves in the highly competitive world of job market. Hence, to make your career sound, the root has to be made strong. An MBA degree from a random college wouldn’t bear you any fruits and your investments over there might be dangerous for you. Hence, making your investments count for the future, you must secure them today by getting yourself enrolled in top MBA colleges of the country. Now, there is some unique aura around these top MBA colleges. They offer management education in pace with global MBA environment. They are also accredited or in the process of getting accredited to one or more international accreditations. They have a unique pedagogical style and their faculties are highly qualified and having graduated from one of the top universities around the globe themselves. Finally, the kind of competitive environment that the students of these colleges set amongst themselves is highly noteworthy. They consistently get higher average placements every year as they are already industry ready.

Now coming to the shortlisting of the top colleges, we have to consider few standard parameters before positioning each college at their right position.

Brand of the B-School is a highly important parameter, when we shortlist the B-Schools. Hence the brand plays a crucial role here. Brand is also related to how good the placements will be in the particular college. The stronger the brand, the better will be the placements. Although, if you consider placements to be a short run goal, being an alumnus of a prestigious institute, can get you many laurels in the long run. Hence, your career can get an additional boost if you belong to such prestigious alumni network.

The students of any B-School form the lifeline of that school. They bring a sense of competitive environment around the aura of the school. Also, many of the corporates judge a school based on the quality of the students of that school. This competitive nature helps a lot in their peer to peer learning process. Hence, better the peers, richer is the learning experience.

Placements form undoubtedly one of the most key parameters for a student to consider joining any B-School. And, to be fair, they are right in their approach as at the end of the day, you will also look at the return on your investments that you receive in trusting any college. The big brand colleges, easily attract big corporates as they look out for good quality students. Although, these institutes claim a very high number for placements, one should do one’s own due diligence before joining these colleges.

While, the above-mentioned parameters are crucial ones, one must not forget to give equal weightage to other parameters for consideration such as Quality of Infrastructure, Fee, Programmes offered, Teaching pedagogy etc.

Based on the above parameters, we now consider the B-Schools as shown below,

Note: These listings are only for the flagship 2-year MBA programmes. Also, these listings are just a collection of institutes under top 20 and are not the same as their rankings.

Top 20 colleges for MBA in India:

Indian Institute of Management Ahmedabad (IIMA)

Indian Institute of Management Bangalore (IIMB)

Indian Institute of Management Calcutta (IIMC)

Indian Institute of Management Lucknow (IIML)

Faculty of Management Studies (FMS), University of Delhi, Delhi

Indian Institute of Foreign Trade (IIFT), New Delhi & Kolkata

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

Management Development Institute (MDI), Gurgaon

S. P. Jain Institute of Management & Research (SPJIMR), Mumbai

XLRI – Xavier School of Management, Jamshedpur

Department of Management Studies, Indian Institute of Technology Delhi (IITD)

Indian Institute of Management Indore (IIMI)

Indian Institute of Management Kozhikode (IIMK)

Indian Institute of Management Ranchi (IIM Ranchi)

Indian Institute Management Trichy (IIMT)

National Institute of Industrial Engineering (NITIE), Mumbai

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

Symbiosis Institute of Business Management (SIBM), Pune

Mundra Institute of Management Studies (MICA), Ahmedabad

Department of Management Studies, Indian Institute of Technology Delhi (IITD)

All the very best!!

• IIM Bangalore (ranked number 1
• IIM Ahmedabad (on number 2)
• IIM Calcutta( on number 3)
• IIM Lucknow (on number 4)
• IIM Indore (on number 5)
• IIT Kharagpur - Indian Institute of Technology (IITKGP) ( no. 6)
• XLRI Xavier School of Management ( no. 7)
• IIM Kozhikode - Indian Institute of Management (IIMK) ( no. 8)
• DMS IIT Delhi - Department of Management Studies (no. 9)
• SJMSOM IIT Bombay - Shailesh J. Mehta School of Management ( no. 10 in nirf ranking 2019)