Top 8 MBA Universities in India

Here is the list of the top MBA colleges in India for students who wants to pursue a career in management under various specializations

1. IIM Ahmedabad

IIM Ahmedabad (IIM A) is considered the best institution for Management Studies in India, ranked No.1 by NIRF 2020. Founded in 1961, accreditated by EQUIS (European Quality Assurance System), IIM Ahmedabad is a public and autonomous institute. This institute is renowned for its two-year, full-time PGP (also known as MBA) residential flagship program and the admission is provided on the basis of scores obtained in the CAT entrance exam. In recent years, the CAT percentile for admission in IIM Ahmedabad has hit 99.6, which demonstrates how stringent it is for a student to get admission to this institute.

2. XLRI Xavier School of Management

XLRI Xavier School of Management (XLRI-XMS) is based in Jamshedpur, Jharkhand, and was established by a few Jesuit fathers in 1949 and is the oldest business school in the world. It offers 15-month and two-year postgraduate management diplomas (PGDM) under different specializations and a fellowship program at the doctoral level (FPM). The college also provides plenty of short-term learning opportunities for administrators (MDPs). It was listed by Business Today in 2018 as No.1 and one of the best private B-schools in the world. It is popularly known for offering courses for graduates and working professionals. It was ranked 9th among other Top B-Schools in India, in the NIRF 2020 Rankings.

3. IIFT Delhi – Indian Institute of Foreign Trade

The Indian Institute of Foreign Trade (IIFT) Delhi, founded in 1963 as an independent institution by the Government of India, was later granted the status of a deemed-to-be university. Accredited by NAAC ‘A’ Grade, IIIFT Delhi was ranked 26th in NIRF 2020 for MBA and 27th in Outlook magazine 2020 for MBA. As its flagship course, this institute offers a two-year MBA program in International Business. Also, a wide variety of PGs, PhDs, certificates, and MDPs courses in the fields of administration, economics, and finance is available. It has two additional campuses, IIFT Kolkata and IIFT Kakinada.

4. Management Development Institute [MDI], Gurgaon

One of the top private management colleges in India is the Management Development Institute (MDI Gurgaon). It is renowned for its MBA/PGDM, Executive MBA/ PGDM courses, ranked 10th in the management group in NIRF 2020. With the highest package offered being INR 40.50 LPA, the 2018-20 batch reported a 100 percent placement record. Also, for the same batch, the average package was INR 22,50 LPA. The college is India’s first B-school certified by MBA’s (AMBA) London, a globally coveted association. The MDI was also founded in the West Bengal state of Murshidabad.

5. Indian Institute of Management, Bangalore

IIM Bangalore is among the best graduate schools for Business Education in Asia. Founded in 1973, it accepts over 1,200 students in a year for different programs. Accredited by EQUIS since 2019, it is the only B-school of Indian Management in the Global Network for Advanced Management, a network of 32 top-notch global B-schools initiated by Yale. IIM Bangalore was ranked 2nd among India’s top 100 B-schools in the recently announced NIRF 2020 list. It is situated on Bannerghatta Road, Bengaluru, near some of the country’s leading corporate houses, retaining a large track record of placements with each passing year.

6. University of Delhi, Faculty of Management Studies [FMS], New Delhi

Delhi University’s Faculty of Management Studies (FMS) was established in 1954. It offers MBA, MBA (Executive), MBA-Health Care Administration (Executive), Diploma in Business Growth, and Ph.D., UG, PG, and Doctorate management studies. The intake for MBA and Ph.D. is 200 and 30 respectively, while for MBA (Executive) and MBA-HCA (Executive), it is 159 and 39 respectively. According to Recruitment Inbox’s and NIRF’s 2019 ranking, FMS, Delhi University’s management school, is ranked 7th and 35th among the top Indian management institutions. With 21 faculty members, the college offers doctorate programs under many specializations such as MBA, EMBA, Ph.D., and other programs.

7. IIM Calcutta – Indian Institute of Management

Founded in 1961, the first institute established under the IIM legacy was IIM Calcutta. IIM Calcutta was ranked 3rd in NIRF 2020 in the Management category and is considered one of the best B-schools for Management Education in the world. The institute offers PG, graduate, and executive courses to students whose flagship course is MBA (or PGPM). The Institute has regularly seen a large number of recruiters and students who have worked in reputed companies around the world, popularly known as IIMC.

8. IIM Lucknow- Indian Institute of Management

IIM Lucknow is a public university in Lucknow, Uttar Pradesh. Listed 4th by NIRF 2020 in the list of IIMs and 5th by Outlook 2020 for IIMs, it is recognized by the Ministry of HRD, Government of India, as an Institution of Excellence. Established in 1984, IIM Lucknow currently acts as a mentoring institution for IIM Jammu, Rohtak, and Kashipur. It even mentored IIM Sirmaur in the past before it landed on its own. In the area of management, it currently offers numerous PG and doctoral degree programs. The two-year, full-time, residential PGP is IIM Lucknow’s flagship program followed by a PGDM degree being awarded after the completion of the course.