Top MBA Colleges in India 2020: Choosing the right college for higher studies is highly important. As a matter of fact, it is even more essential than taking the right choice regarding careers. One right decision will make your career and professional growth into a higher position. It has been noticed that the management education invites youngsters and ladies and this has brought about development in the number of institutes, b-schools, universities offering management training.
In India, students desire to complete their higher studies by choosing the best course based on their talents. One of the best higher education courses that teenagers choose after their graduation is an MBA. MBA stands for Master of Business Administration. In India, there are oodles of institutes and colleges who offer an MBA course to the graduates and many of them are ranked as Top MBA Colleges in India.
There are numerous ranking agencies that have ranked the top MBA colleges in India on the basis of various ranking parameters like Faculty Quality, Perception Among Masses, Research, Placements, etc. The below Top MBA Colleges in India 2020 is listed based on the genuine rankings.
- 2020 Top MBA Colleges in India
- List of Top 75 MBA Institutes in India (NIRF Rankings)
- Top Private MBA Colleges in India for ROI (Return on Investment)
- Popular MBA Courses in India
- Top 10 MBA Colleges in India (Placements Wise)
- Best MBA Colleges in India for Marketing Stream
- Top Indian MBA Colleges for HR Course
- FAQs on Top MBA B-Schools in India 2020
Top MBA Colleges in India in 2020
In order to help those candidates who are interested in Management & Administration Course and searching for the top MBA colleges in India, we have compiled a list of 75 best MBA Universities & Institutes 2020 in India in the below table. These Top 75 MBA Colleges in India list holds the ranking of National Institutional Ranking Framework(NIRF), Ministry of Human Resource Development, Government of India. Trends and growth of these colleges have been considered to create the list and ranking, broadly studying the following.
- Teaching,
- Learning & Resources.
- Research,
- Professional Practice & Collaborative Performance.
- Graduation Outcomes.
- Outreach.
- Perception.
So, check out the below list of 75 Top Master of Business Administration Colleges in India and pick the best Indian MBA university or institute based on their Rankings.
List of Top 75 MBA Institutes in India (NIRF Rankings)
| Rank | Name | City | State |
| 1 | Indian Institute of Management Bangalore | Bengaluru | Karnataka |
| 2 | Indian Institute of Management Ahmedabad | Ahmedabad | Gujarat |
| 3 | Indian Institute of Management Calcutta | Kolkata | West Bengal |
| 4 | Indian Institute of Management Lucknow | Lucknow | Uttar Pradesh |
| 5 | Indian Institute of Management Indore | Indore | Madhya Pradesh |
| 6 | Indian Institute of Technology Kharagpur | Kharagpur | West Bengal |
| 7 | Xavier Labour Relations Institute | Jamshedpur | Jharkhand |
| 8 | Indian Institute of Management Kozhikode | Kozhikode | Kerala |
| 9 | Indian Institute of Technology Delhi | New Delhi | Delhi |
| 10 | Indian Institute of Technology Bombay | Mumbai | Maharashtra |
| 11 | Indian Institute of Technology Roorkee | Roorkee | Uttarakhand |
| 12 | Management Development Institute | Gurugram | Haryana |
| 13 | Indian Institute of Management Udaipur | Udaipur | Rajasthan |
| 14 | Indian Institute of Management Tiruchirappalli | Tiruchirappalli | Tamil Nadu |
| 15 | Indian Institute of Technology Madras | Chennai | Tamil Nadu |
| 16 | S. P. Jain Institute of Management & Research | Mumbai | Maharashtra |
| 17 | National Institute of Technology Tiruchirappalli | Tiruchirappalli | Tamil Nadu |
| 18 | Great Lakes Institute of Management | Chennai | Tamil Nadu |
| 19 | Indian Institute of Management Raipur | Raipur | Chhattisgarh |
| 20 | Symbiosis Institute of Business Management | Pune | Maharashtra |
| 20 | SVKM`s Narsee Monjee Institute of Management Studies | Mumbai | Maharashtra |
| 22 | Indian Institute of Technology Kanpur | Kanpur | Uttar Pradesh |
| 23 | Indian Institute of Management Rohtak | Rohtak | Haryana |
| 24 | Indian Institute of Management Shillong | Shillong | Meghalaya |
| 25 | Indian Institute of Management Kashipur | Kashipur | Uttarakhand |
| 26 | ICFAI Foundation for Higher Education | Hyderabad | Telangana |
| 27 | International Management Institute New Delhi | New Delhi | Delhi |
| 28 | Indian Institute of Management Ranchi | Ranchi | Jharkhand |
| 29 | National Institute of Industrial Engineering | Mumbai | Maharashtra |
| 30 | Kalinga Institute of Industrial Technology | Bhubaneswar | Odisha |
| 31 | Indian Institute of Foreign Trade | New Delhi | Delhi |
| 32 | Indian Institute of Technology (Indian School of Mines) Dhanbad | Dhanbad | Jharkhand |
| 33 | T. A. Pai Management Institute | Manipal | Karnataka |
| 34 | Jamia Millia Islamia | New Delhi | Delhi |
| 35 | Faculty of Management Studies | Delhi | Delhi |
| 36 | Loyola Institute of Business Administration | Chennai | Tamil Nadu |
| 37 | PSG College of Technology | Coimbatore | Tamil Nadu |
| 38 | Fore School of Management | New Delhi | Delhi |
| 39 | Banaras Hindu University | Varanasi | Uttar Pradesh |
| 40 | Nirma University | Ahmedabad | Gujarat |
| 41 | Institute of Management Technology | Ghaziabad | Uttar Pradesh |
| 42 | Alliance University | Bengaluru | Karnataka |
| 43 | Anna University | Chennai | Tamil Nadu |
| 44 | Xavier University | Bhubaneswar | Odisha |
| 45 | International Management Institute Kolkata | Kolkata | West Bengal |
| 46 | Vellore Institute of Technology | Vellore | Tamil Nadu |
| 47 | Institute for Financial Management and Research | Satyavedu | Andhra Pradesh |
| 48 | Panjab University | Chandigarh | Chandigarh |
| 49 | Amity University | Gautam Budh Nagar | Uttar Pradesh |
| 50 | Goa Institute of Management | Sanquelim | Goa |
| 51 | Institute of Rural Management | Anand | Gujarat |
| 52 | Lovely Professional University | Phagwara | Punjab |
| 53 | Bharathidasan Institute of Management | Tiruchirappalli | Tamil Nadu |
| 54 | K. J. Somaiya Institute of Management Studies & Research | Mumbai | Maharashtra |
| 55 | Institute of Management and Entrepreneurship Development | Pune | Maharashtra |
| 56 | University of Petroleum and Energy Studies | Dehradun | Uttarakhand |
| 57 | Birla Institute of Management Technology | Greater Noida | Uttar Pradesh |
| 58 | Koneru Lakshmaiah Education Foundation University (K L College of Engineering) | Vaddeswaram | Andhra Pradesh |
| 59 | Aligarh Muslim University | Aligarh | Uttar Pradesh |
| 60 | Indian Institute of Forest Management | Bhopal | Madhya Pradesh |
| 61 | Birla Institute of Technology | Ranchi | Jharkhand |
| 62 | Guru Gobind Singh Indraprastha University | New Delhi | Delhi |
| 63 | Jaipuria Institute of Management | Noida | Uttar Pradesh |
| 64 | Chandigarh University | Mohali | Punjab |
| 65 | Shoolini University of Biotechnology and Management Sciences | Solan | Himachal Pradesh |
| 66 | International Management Institute | Bhubaneswar | Odisha |
| 67 | Institute of Management Technology | Hyderabad | Telangana |
| 68 | Jaipuria Isntitute of Management | Lucknow | Uttar Pradesh |
| 69 | Jagan Institute of Management Studies | Delhi | Delhi |
| 70 | Institute of Management Technology | Nagpur | Maharashtra |
| 71 | Jaipuria Institute of Management | Jaipur | Rajasthan |
| 72 | IIHMR University | Jaipur | Rajasthan |
| 73 | SRM Institute of Science and Technology | Chennai | Tamil Nadu |
| 74 | Lal Bahadur Shastri Institute of Management | Delhi | Delhi |
| 75 | Chitkara University | Rajpura | Punjab |
Top Private MBA Colleges in India: ROI (Return on Investment)
ROI or Return on Investment tells how much profitable it is to study MBA from a specific management college in India. Below, we have listed a few best private MBA colleges in India along with their ROIs.
| COLLEGE NAME | AVERAGE ANNUAL FEE | AVERAGE PLACEMENT (2019) | ROI RANK* |
|---|---|---|---|
| JBIMS Mumbai | INR 50,000 | INR 18,13,000 | 1 |
| XLRI Jamshedpur | INR 4,26,000 | INR 22,35,000 | 2 |
| Symbiosis Pune | INR 5,90,000 | INR 17,48,000 | 3 |
| SPJIMR Mumbai | INR 9,30,000 | INR 22,90,000 | 4 |
| IIM Ranchi | INR 6,98,000 | INR 15,09,000 | 5 |
| MDI Gurgaon | INR 9,43,000 | INR 20,13,000 | 6 |
| IIM Lucknow | INR 7,13,000 | INR 15,00,000 | 7 |
| IMT Ghaziabad | INR 10,35,000 | INR 12,50,000 | 8 |
| ISB Hyderabad | INR 34,63,000 | INR 25,06,000 | 9 |
Popular MBA Courses in India
MBA Specialization Courses concentrate on a particular domain or discipline. You will have both core management courses and courses related to the field of specialization. Few of the programs are as under
- Human Resource Management
- Finance
- Sales and Marketing
- Operations Management
- International Business
If you need more information about the MBA, click on this link and grab every single detail about it: MBA Course Details – Eligibility, Duration, Fees, Syllabus, Salary
List of Top Ten MBA Colleges in India (Placements Wise)
India owns some of the top Master of Business Administration degree colleges across the world. In terms of placement opportunities, this list of college is the best for the students. In the range of 120-150 MBA colleges are presented in India which offers average placement opportunities.
These colleges offer excellent placement opportunities to students. IIM Ahmedabad witnessed 114 placement offers this year with an average CTC of INR 28.93 lakh. The average MBA salary in India is INR 6-9 lakhs. See the below-provided chart and list of colleges to attain the range of average CTC offered by Various Top MBA Colleges in India.
- IIM-B (Bangalore)
- IIM-A (Ahmedabad)
- Jamnalal Bajaj (Mumbai)
- IIM-C (Calcutta)
- IIM-L (Lucknow)
- XLRI (Jamshedpur)
- FMS (Delhi)
- S.P. Jain (Mumbai)
- IIM-I (Indore)
- IIM-K (Kozhikoe)
Best MBA Colleges in India for Marketing Stream
Marketing is the most desired MBA specializations for graduates. Besides, the marketing sector is growing more than ever.
- The advertising and marketing sector in India is demanded to cross the $10 billion mark by the end of 2019.
- Online marketing is also growing at a twofold-threefold rate.
- The digital marketing sector is expected to grow at a compound annual growth rate (CAGR) of 33.5% until 2020.
Some of the Top MBA colleges in India for marketing specialization are:
- Narsee Monjee Institute of Management Studies, Mumbai
- Indian Institute of Management [IIM], Ahmedabad
- ICFAI Business School [IBS Mumbai]
- Indian School of Business [ISB], Hyderabad
The average package in top Indian MBA Colleges for Marketing varies from INR 6-8 lakh.
Top Indian MBA Colleges for HR Course
Human Resource Management (HRM) is a crucial aspect for every IT or other industry sectors. In the ever-advancing corporate world, HR managers assure that every work is brought out sophisticatedly.
- 72% of companies across the globe understand that HR is an essential element responsible for the proper functioning of the company.
- 83% of companies in South-Asia have prioritized HR tech advancements.
- The global HR sector is expected to reach $30 billion by 2025.
Some of the best MBA institutes in India for HR are:
- Institute of Management and Technology [IMT], Ghaziabad
- Xavier School of Management, XLRI Jamshedpur
- K. J. Somaiya Institute of Management Studies and Research, [SIMSR Mumbai]
- Indian Institute of Management [IIM], Ranchi
- Prin. L.N. Welingkar Institute of Management Development and Research Mumbai
The average package for HR specialization in top MBA colleges in India ranges from INR 5-7 lakh.
Also Check: MCA Course Details – Fees, Duration, Eligibility, Syllabus, Salary Offered
FAQs on Top MBA B-Schools in India 2020
1. How can I get admission in the top MBA colleges in India?
You can get admission into the best MBA colleges by qualifying the entrance exams like CAT / CMAT / MAT /MHCET. Some private have their own entrance test such as SNAP, NMAT, XAT, SPJET, TISSNET, etc. Also, by considering your potential scores, you can apply to your favourite B-schools.
2. What is the fee for the CAT exam?
The registration fees for CAT 2019 is INR 1900 for General and OBC candidates and INR 950 for SC/ST/PWD candidates.
3. Can I do MBA after pursuing B.Tech Course?
Yes, you can select an MBA as your Post Graduation course after the B.Tech course.
4. Which is the best IIM College for MBA in India?
The following are some of the best IIMs for the MBA course in India:
- Indian Institute of Management, Ahmedabad.
- Indian Institute of Management, Bangalore.
- IIM, Calcutta.
- Indian Institute of Management, Lucknow.
- Indian Institute of Management, Indore.
- IIM, Kozhikode.
- IIM, Raipur.
5. Which MBA gives the highest salary?
Some of the most rewarding MBA Specializations are MBA Business Analytics and MBA Marketing.
Wrapping Up
We believe that the shared data about Top MBA College in India 2020 will help you to make a correct decision while choosing the right College/ B-school/ Institute for higher education in the field of management. If you need any assistance, feel free to leave a comment via below comment box. We will help you asap with the best possibilities. Stay tuned to our site & Bookmark it for more related articles like this.