Master of Business Administration (MBA)

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All About MBA

The Master of Business Administration, or MBA, is one of the most coveted postgraduate study programmes in the world, and India is an appealing place to do it due to the large number of popular MBA colleges.

Whether you’re an early-career professional looking to improve your business acumen after earning your bachelor’s degree, a mid-career professional looking to switch functions, industries, or locations, or an entrepreneur with entrepreneurial ambitions, the MBA curriculum has something for you.

Here’s everything you need to know about applying to MBA programmes in India, including the best MBA colleges to consider, a breakdown of eligibility criteria and MBA entrance exams, and information on the MBA admissions process.

MBA Course Overview

Some MBA colleges offer specialised courses that allow students to tailor their MBA curriculum to a specific goal, such as International Business. Most MBA programmes, on the other hand, aim to provide students with a diverse set of skills.


Core courses on the usual MBA syllabus include:

Finance and accounting


Leadership and organizational behavior


Business ethics

Students can supplement these MBA courses with elective modules on entrepreneurship, FinTech, big data, and other topics.

As we enter a new business landscape post-Covid-19, an MBA is an excellent way to gain the necessary business skills for success in the future of business.


Although the majority of prominent business schools outside of India have a university affiliation and offer MBA degree, the situation is slightly different at MBA colleges in India. The country’s over 4,000 Schools are divided into five categories.
  1. Those affiliated with public or private universities and falling under the University Grants Committe’s (UGC) remit. This is the biggest group at over 3,600
  2. Independent Institutes Approved by All India Counsil for Technical Education (AICTE), of Which there are more than 300
  3. Over 30 institutions governed by the Ministry of Education (MHRD)
  4. Institutes Promoted by Individual Ministries
  5. A few Autonomous Institutes

Types of MBA in India

Based on the five categories above, the schools in India offer different kinds of certification at the end of the MBA program. There are three main types:

Post Graduate Diploma in Management (PGDM)

MBA degrees

Post Graduate Program (PGP) certification

Sr.noNIRF 2021 RankingTop MBA Colleges in IndiaLocationProgram Average/Mean/Median Salary (INR)Tuition Fees(domestic)
Accepted Exam
12IIM BangaloreBangalorePGP28,96,00023,00,000CAT/GMAT
23IIM CalcuttaKolkataPGP27,00,00024,00,000CAT/GMAT
3NAIndian School of Business (ISB)HyderabadPGP28,29,00033,05,120GMAT/GRE
47IIM LucknowLucknowPGP26,00,00019,25,000CAT/GMAT
5NAFMS DelhiDelhiMBA26,00,0001,92,000GMAT/CAT
619SPJIMR MumbaiMumbaiPGDM25,00,00019,00,000GMAT/CAT/XAT
78XLRI Xavier School of ManagementJamshedpurPGDM (Business Management)24,30,00025,80,000XAT/GMAT/CAT
86IIM IndoreIndorePGP23,60,00016,20,000CAT/GMAT
911MDI Gurgoan – Management Development InstituteGurugramPGDM22,00,00021,34,000CAT/GMAT
101IIM AhmedabadAhmedabadPGP22,82,00023,00,000CAT/GMAT
1112National Institute of Industrial EngineeringMumbaiPGDM 22,80,00014,63,000CAT
1210IIT Bombay – Shailesh J Mehta School of Management MumbaiMumbaiMBA21,96,0009,06,400CAT
1325Indian Institute of Foreign Trade (IIFT Delhi)DelhiMBA in International Business21,08,0008,85,000IIFT/ GMAT
144IIM KozhikodeKozhikodePGP20,00,00020,00,000CAT/GMAT
1520Symbiosis Institute of Business ManagementPuneSIBM19,56,00021,27,950SNAP
1623IIM ShillongShilongPGP18,76,00014,60,000CAT/GMAT
175DMS IIT DelhiNew DelhiMBA18,50,0008,00,000CAT
189IIT KharagpurKharagpurMBA18,44,00011,59,760CAT/GMAT
1916IIT KanpurKanpurMBA16,86,00010,97,600CAT
2015IIM RaipurRaipurPGP15,11,00014,20,400CAT
2121IIM RanchiRanchiPGDM15,11,00015,00,000CAT
2222Pravin Dalal School of Entrepreneurship and Family business Management (NMIMS)MumbaiMBA15,00,00020,87,000NMAT/GRE/GMAT
2317IIM TrichyTrichyPGP14,85,00016,50,000CAT
2433IIM KashipurKashipurMBA14,05,00014,75,000CAT
2528IIM RohtakRohtakPGP13,74,00016,10,000CAT/ GMAT
2624Great Lakes Institute of ManagementChennaiPGDM13,63,00017,15,000CAT/GMAT/XAT/CMAT
2726IMI Delhi – International Management InstituteNew DelhiPGDM13,28,00018,34,900CAT/GMAT
2818IIM UdaipurUdaipurMBA13,00,00015,96,200CAT
2913DoMS IIT MadrasChennaiMBA12,77,5008,00,000CAT
3067IIM Amritsar AmritsarMBA12,67,94713,20,000CAT
3138IMT GhaziabadGhaziabadPGDM12,42,00019,53,000CAT/GMAT/XAT
3232TAPMI Manipal – T A Pai Management InstituteManipalPGDM11,50,00015,00,000CAT/XAT/GMAT
3335GIM – Goa Institute of ManagementGoaPGDM10,71,00018,07,000CAT/XAT/GMAT/CMAT
3414IIT Roorkee – Indian Institute of TechnologyRoorkeeMBA10,58,0009,31,500CAT
3561IIM Sambalpur – Indian Institute of ManagementSambalpurPGP10,50,00013,03,000CAT
3655IRMA – Institute of Rural Management AnandAnandPGDRM10,35,00014,00,000CAT/XAT/IRMASAT
3743FORE School of ManagementNew DelhiPGDM10,30,00015,98,000CAT/XAT/GMAT
3876 -100IIM Jammu – Indian Institute of ManagementJammuMBA10,00,00012,33,000CAT
3976 -100IIM Sirmaur – Indian Institute of ManagementSirmourMBA9,60,00015,75,000CAT
4050IFMR Graduate school of Business KREA University (IFMR GSB)Andhra PradeshMBA9,50,00013,86,000NMAT/CAT/XAT/CMAT/GMAT
4140IIM NagpurNagpurPGP9,49,39813,75,000CAT
4272Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning CenterMumbaiPGDM9,19,0005,50,000CAT/MAT/XAT/CMAT/ATMA
4359Jaipuria Institute of ManagementJaipurPGDM8,75,00010,45,000CAT/ MAT/ XAT/ CMAT/ GMAT
4465LIBA – Loyola Institute of Business AdministrationChennaiPGDM8,75,00015,59,000CAT/XAT
4576 -100Institute of Management Nirma UniversityAhmedabadMBA8,75,00010,04,000CAT
4676 -100LBSIM – Lal Bahadur Shastri Institute of ManagementDelhiPGDM8,70,00011,67,000GMAT/CAT
4741BML Munjal UniversityGurgaonMBA8,68,00011,00,000CAT/MAT/XAT
4862IMI Bhubaneswar – International Management InstituteBhubaneswarMBA8,25,00012,47,000XAT/ GMAT/ CAT/ CMAT
4952IMI Kolkata – International Management InstitutionKolkataPGDM8,05,00013,00,000CAT/XAT/GMAT
5044BIMTECH – Birla Institute of Management TechnologyGreat NoidaPGDM8,03,00012,00,000CAT/XAT/GMAT
5147BHU – Banaras Hindu UniversityVaranasiMBA8,00,0001,50,000BHU PET
5234Xavier School of Rural ManagementBhubaneswarMBA-BM7,78,00013,80,000XAT/GMAT/CAT/x-GMAT/NMAT
5360Alliance School of Business Alliance UniversityBangaloreMBA7,60,00013,50,000AMAT/GMAT/CAT/NMAT/XAT/MAT/CMAT/KMAT 
5448NIT TrichyTiruchirappalliMBA7,50,0002,98,000CAT
5531KIIT School of ManagementBhubaneswarMBA7,33,00013,60,000KIITEE/CMAT/ATMA/XAT/MAT/GMAT
5675IIFM – Indian Institute of Forest ManagementBhopalPost Graduate Diploma in Forestry Management 7,30,0005,39,000XAT/CAT
5763IMT Hyderabad – Institute of Management TechnologyHyderabadPGDM7,00,00012,03,000CAT XAT GMAT CMAT
5869Institute of Management and Entrepreneurship Development Bharati VidyapeethPuneMBA7,00,0004,50,000BMAT
5927IFHE Hyderabad – ICFAI Foundation For Higher EducationHyderabadMBA6,60,00016,02,000IBSAT/CAT/GMAT/NMAT
6076 -100Manipal University JaipurJaipurMBA6,50,0007,89,000CAT MAT CMAT XAT GMAT
6142LM Thapar School of ManagementMohaliMBA6,21,0008,28,360CAT GMAT NMAT CMAT XAT MAT
6229Amity Business School (ABS)NoidaMBA6,00,00010,58,000CAT/GMAT/XAT/NMAT/CMAT/MAT/Amity written exam
6354Chitkara Business School ChandigarhChandigarhMBA6,00,0008,00,000MAT XAT NMAT CMAT CAT
6466School of Petroleum Management Pandit Deendayal Energy UniversityGandhinagarMBA6,00,0008,20,000CAT XAT NMAT
6553PSG College of Technology – PSGCTCoimbatoreMBA5,80,0001,48,000MAT CAT TANCET MBA
6676 -100Christ UniversityBangaloreMBA5,70,0007,90,000CAT/ CMAT/ MAT/ XAT/ ATMA/ GMAT
6776 -100Visvesvaraya Technological University [VTU]BelgaumMBA5,60,0005,00,000MAT CAT CMAT KMAT Karnataka PGCET
6830Indian Institute of Technology (ISM)DhanbadMBA5,50,0003,00,000CAT
6976 -100Babasaheb Bhimrao Ambedkar University (BBAU)LucknowMBA5,50,0001,81,000Written exam by the institute
7036Jamia Millia IslamiaNew DelhiMBA 5,40,00047,000JMI Entrance
7146School of Business UPESDehradunMBA5,25,00014,19,800UPESMET/ MAT/ CMAT/ CAT/ XAT/ GMAT/ NMAT
7273IIHMR UniversityJaipurMBA – HM5,10,0009,60,000MAT/ CAT/ CMAT/ ATMA/ XAT/ GMAT/ IIHMR-U
7376 -100Rajagiri Centre for Business Studies – RCBSKochiPGDM5,00,0007,00,000CAT/ CMAT/ KMAT/ KERALA MAT
7449AMU – Aligarh Muslim UniversityAligarhMBA4,80,0005,87,000AMU Entrance exam
7537LPU – Lovely Professional UniversityJalandharMBA4,32,0005,32,000LPU NEST/XAT/MAT/CAT/CMAT
7670Birla Institute of Technology MesraRanchiMBA4,12,0005,89,000CAT/ MAT/ XAT/ CMAT
7776 -100Shri Mata Vaishno Devi UniversityJammuMBA4,00,0003,85,000CMAT/ MAT/ CAT
7876 -100Faculty of Social Science Dayalbagh Educational InstituteAgraMBA3,50,00022,050Written exam by the institute
7976 -100Galgotias UniversityNoidaMBA3,00,0003,08,000CMAT/ MAT/ CAT/ NMAT
8076 -100The Business School University of JammuJammuMBA2,90,00028,000CAT/MAT
8156K J Somaiya Institute of ManagementMumbaiMBA NA 16,29,279CAT/ XAT/ CMAT/ GMAT
8268Jaipuria Lucknow – Jaipuria Institute of ManagementLucknowPGDM NA 10,45,000CAT MAT XAT CMAT GMAT
8371Jagan Institute of Management StudiesDelhiPGDM NA 8,00,000GMAT MAT CAT XAT CMAT ATMA
8476 -100Institute of Business Management and Research (IBMR IPS)IndoreMBA NA 2,30,000CMAT
8576 -100J. C. Bose University of Science and Technology YMCAFaridabadMBA NA 1,97,000CAT MAT XAT
8676 -100Shoolini UniversitySolanMBA NA 4,88,000MAT GMAT CAT SAT India HPCET
8776 -100JIMS Kalkaji – Jagannath International Management SchoolDelhiPGDM NA 7,95,000MAT XAT CMAT ATMA CAT
8838KL Business School KL UniversityGunturMBA NA5,20,000KLUBSAT)/ ICET / MAT / CAT / XAT
8945Chandigarh UniversityChandigarhMBA NA3,94,000CUCET/ CAT/ MAT/ GMAT
9051GGSIPU – Guru Gobind Singh Indraprastha UniversityDelhiMBA NA2,42,000CAT/ CMAT/ IPU CET
9158IIITM Gwalior – Indian Institute of Information Technology and ManagementGwaliorMBA NA3,38,000CAT
9264Graphic Era University – GEUDehradunMBA NA5,26,000CAT/ MAT/ XAT
9376 -100New Delhi Institute of ManagementDelhiPGDM NA9,70,000CAT/ MAT/ XAT/ ATMA/ GMAT/ CMAT
9476 -100School of Management Studies – University of Hyderabad (SMS Hyderabad)HyderabadMBA NA2,02,000CAT
9576 -100IMT Nagpur – Institute of Management TechnologyNagpurPGDM NA12,04,000CAT/ XAT/ GMAT/ CMAT
9676 -100Chandragupt Institute of ManagementPatnaPGDM NA7,65,000CAT/ XAT/ CMAT
9776 -100Balaji Institute of Management Human Resource Development (BIMHRD) Sri Balaji UniversityPuneMBA NA                     8,45,000CAT/ MAT/ XAT/ CMAT/ MAH CET
9876 -100Pune Institute of Business ManagementPuneMBA NA                     7,95,000MAT/ XAT/ GMAT/ CAT/ CMAT/ ATMA/ MAH CET
9976 -100JIMS Kalkaji – Jagannath International Management SchoolDelhiPGDM NA7,95,000MAT/ XAT/ CMAT/ ATMA/ CAT
10076 -100IPE Hyderabad – Institute of Public EnterpriseHyderabadPGDM -IB NA8,15,000CAT/ MAT/ XAT/ CMAT/ ATMA GMAT

The MBA admission process is challenging: from studying for one or more MBA entrance exams to preparing for interviews at top MBA colleges, it takes time and dedication.

The main motivator for professionals to get through the admission process is the promise of great career opportunities once you graduate with an MBA degree.

But what effect can studying on one of the top MBA programs in India have on your career?

Increased Opportunities

Such is the popularity and relevance of having an MBA in India that the degree has become a basic requirement for all top employers, who use it as a benchmark for professional acumen and managerial capability.

Boasting one of the largest consumer markets in the world, a strong services sector, and a booming technology industry, India is poised to offer a wealth of opportunities for aspiring professionals in the near and long-term future.

Consulting and financial services firms continue to be the largest recruiters for MBAs, though India has also seen a rise in Fast-Moving Consumer Goods (FMCG) companies such as ABInBev, Hindustan Unilever, P&G and Coca Cola.

Industrial conglomerates such as Reliance, Tata, and Aditya Birla Group, are also hiring MBAs from top MBA colleges in India for their general management roles and leadership development programs.

MBA Careers in Big Tech

Another industry that has become an attractive recruiter for MBA graduates in India is the technology sector. Big Tech players like Amazon, Google and Facebook offer a wealth of exciting opportunities, while a multitude of young companies and startups, ranging from Flipkart to Udaan, have emerged as sought-after destinations for MBA students.

Those are the career prospects you can expect if you decide to stay in India post-MBA. However, the career opportunities available aren’t just limited to roles in India. MBA students from the country are also in high demand in the Middle East, South East Asia, and even Europe.

Requirements for MBA in India

Now that you know the benefits of completing one, how do you apply for an MBA program in India?

The MBA admission process in India is mostly similar to that of global business schools: you appear for a graduate management aptitude test, followed by a second round of screening consisting of a group discussion and/or a personal interview.

The key difference in the admission process in India is in the MBA entrance exams you are expected to complete. Let’s break down the different MBA admission tests required by MBA colleges in India.

Which exam is required for MBA in India?

When you’re researching applying for an MBA abroad, you’ll find that almost all international business schools accept scores from one or both of the following MBA entrance exams:

  1. The Graduate Management Admission Test, or GMAT
  2. The Graduate Record Examination (GRE)

MBA colleges in India may also require applicants to sit these entrance exams, but there is more diversity in the types of MBA entrance exams required.

In India, different MBA colleges accept different test scores.

The Indian Institute of Management schools hold the Common Admission Test (CAT), which is also used by other prominent schools like the Faculty of Management Studies (FMS) and MDI.

Some programs ask students to complete their own admissions test. XLRI organizes the Xavier Aptitude Test (XAT) for the admission process, which is accepted by XIMB and IMT Ghaziabad too, among others.

Which MBA admission test should I take?

Prepping for MBA entrance exams is one of the most time-consuming parts of the MBA admission process.

Particularly if you’re juggling admission test preparation alongside a full-time job, you should be strategic and choose a common admission test that is accepted by more than one of your target MBA colleges.

The GMAT is one of the most popular MBA entrance exams because it is accepted by more than 100 business schools in India as well as those abroad. The MBA colleges in India that accept GMAT scores include prominent names such as ISB, SPJIMR, IIFT, and Goa Institute of Management.

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