LIST OF TOP MANAGEMENT COLLEGES IN INDIA BASED ON 2022 RANKING

Sushil Pandey's profile photo

Sushil Pandey

Updated on - Sep 18, 2021

The top management colleges in India offer various programs like MBA, MMS, BBA, BBM, Executive MBA, MHA and even MPhil and PhD degrees.

Top management colleges in India over the years in India are IIM Ahmedabad, FMS Delhi, NITIE Mumbai, Narsee Monjee Mumbai, MDI Gurgaon, Shaheed Sukhdev College of Business Studies, New Delhi and XLRI Jamshedpur among plethora of other names.

These colleges are ranked by both government and private ranking agencies like NIRF, Outlook, The Week, etc. Read the latest NIRF Ranking 2020 below for these top MBA colleges.

  • There are a total of 6,231 colleges in India comprising 5,142 private and 1,080 government colleges. Education imparted in these colleges is at par with other best MBA colleges in world.
  • The averge cost for 3 year duration BBA course in the management colleges of India varies from INR 30,000-1,50,000 in government colleges. However, this cost can go up to INR 4-5 lakh in the top private colleges.
  • For other courses like MBA, Executive MBA and MMS, the fees is generally INR 8-10 lakh per annum in the best B schools of India.
  • Admissions in these colleges are often done through both merit and entrance exams for undergraduation courses like BBA and BBM. The top BBA entrance exams include AIMA UGAT and IPU CET.
  • For MBA, the top exam names include CAT, MAT, XAT and NMAT. This year in 2020, CAT is going to be conducted by IIM Indore. The exam will be held on November 29.
  • Placement prospects after completing BBA and other undergrad management courses range from Finacial Advisors to Executives in the government sectors. Check the complete list of BBA Jobs and Career Opportunities.
  • In the case of MBA, job opportunities are unlimited and the average salary for graduates of this course ranges from INR 6-10 lakh per annum. In the case of top IIMs in India, the average salary is around INR 20-30 lakh.
  • Not just in full-time mode, management courses in India are also offered in part-time and distance education mode by many top colleges.

Latest Updates

  • 1st week of August,  2021: Tentative starting date for CAT2021 registration. Ace your preparation with CAT Practice Papers.
  • May 28: MAT Admit Card release date for IBT. The exam will be conducted on May 30, 2021. See the other IBT dates of MAT Exam
  • June 7: Last date for online registration for MAT CBT exam. The exam would be conducted on June 13th 2021. See what are the changes in MAT Exam Pattern this year.
  • May 1: IIT Kharagpur releases final result for MBA Admission for the session 2021-2022. Check here! 
  • May 1: Registrations are open for ARGUCOM Assam MBA program 2021. Apply Now!

In this article, you will get all the information about top MBA colleges and other top management colleges in India for BBA, Executive MBA, etc. with their ranking, fees, cutoffs, entrance exams, admission process, ROI, placements and a lot more.

Contents

1. Ranking 2020
        1.1 NIRF Ranking
        1.2 Economic Times Ranking
        1.3 Jagran Josh Ranking
        1.4 Dalal Street Ranking
2. MBA Colleges with Fees
3. ROI (Return on Investment)
4. Cutoff
        4.1 BBA Cutoff
        4.2 MBA Cutoff
        4.3 MMS Cutoff
5. Distance MBA Colleges
6. Online MBA Colleges
7. Admission Process
        7.1 IIM Bangalore Admission
        7.2 MDI Gurgaon Admission
        7.3 XLRI Jamshedpur Admission
8. Region Wise Management Colleges in India
        8.1 Top Management Colleges in Maharashtra
        8.2 Top Management Colleges in Delhi NCR
9. Entrance Exam Wise Management Colleges in India
        9.1 Management Colleges Accepting AIMA UGAT
        9.2 Management Colleges Accepting CAT
        9.3 Management Colleges Accepting MAT
10. Top Management Colleges in India with Average Salary
        10.1 Top Management Colleges in India for Finance
        10.2 Top Management Colleges in India for Marketing
11. FAQs

Top Management Colleges in India with NIRF Ranking 2021

As the table depicts, most of the top Management colleges in India have shown improvement in their rankings, compared to previous years.

  • IIM Ahmedabad has continued to be the best Management college in India 2021 as per NIRF ranking survey 2021.
  • IIM Bangalore now ranks 2nd followed by IIM Calcutta at the 3rd spot.
  • IIM Kozhikode has also shown an improvement of 2 ranks as it jumps from 6th to 4th position.
  • The best improvement has been shown by NITIE Mumbai which has improved by 17 positions and now ranks at the 12th position in India.
  • Xavier Labour Relations Institute (XLRI) has also shown a good improvement. It has overtaken IIT Bombay and IIT kharagpur to rank among the top 10 Management colleges in India.

The top Management Colleges in India 2021 according to NIRF 2021 Ranking are:

NIRF 2021 Ranking College Name NIRF Score
1 Indian Institute of Management, Ahmedabad 83.69
2 Indian Institute of Management, Bangalore 83.48
3 Indian Institute of Management, Calcutta 80.04
4 Indian Institute of Management, Kozhikode 73.34
5 Indian Institute of Technology, Delhi 72.15
6 Indian Institute of Management, Indore 71.10
7 Indian Institute of Management, Lucknow 71.02
8 Xavier Labour Relations Institute (XLRI) 69.93
9 Indian Institute of Technology, Kharagpur 69.50
10 Indian Institute of Technology, Bombay 68.08
11 Management Development Institute 67.59
12 National Institute of Industrial Engineering, Mumbai 64.52
13 Indian Institute of Technology, Madras 64.32
14 Indian Institute of Technology, Roorkee 63.79
15 Indian Institute of Management, Raipur 62.12
16 Indian Institute of Technology Kanpur 61.31
17 Indian Institute of Management Tiruchirappalli 61.10
18 Indian Institute of Management Udaipur 60.94
19 S. P. Jain Institute of Management & Research 58.73
20 Symbiosis Institute of Business Management 58.64

The following chart shows the NIRF Ranking Parameters and the weightage they have.

NIRF Ranking parameters weightage

Source: nirfindia.org

Top Management Colleges in India with Economic Times Ranking

College Name MBA Ranking by Economic Times 2020
IIM Ahmedabad 1
XLRI Jamshedpur 2
IIM Bangalore 3
Symbiosis Pune 4
IIM Calcutta 5
NMIMS Mumbai 6
IMT Ghaziabad 7
IIM Lucknow 8
MDI Gurgaon 9
JBIMS Mumbai 10
IIM Kozhikode 11
ISB Hyderabad 12
SPJIMR Mumbai 13
Amity Business School Noida 14
FMS Delhi 15

The ranking from the Economic Times remains is the same as that in 2022, apart from 2 colleges interchangine their positions.

  • The Indian Institute of Management Ahmedabad ranks as the best MBA college in India here also.
  • JBIMS Mumbai and Amity Noida are the 2 colleges which have interchanged their positions this year.
  • While JBIMS Mumbai has improved by 4 ranks, Amity has dropped by 4 ranks.

The Economic Times ranking process saw 253 responses divided into different functional heads. The list this year has been curated by 31 IT Heads, 38 Finance Heads, 97 HR Heads, 34 Production Heads, and 52 Manufacturing Heads. Their percentage-wise division is shown below.

Top Government MBA Colleges in India by Jagran Josh

College Name Jagran Josh Ranking 2020
IIM Bangalore 1
IIM Ahmedabad 2
IIM Calcutta 3
IIM Kozhikode 4
IIM Lucknow 5
IIM Indore 6
IIT Bombay 7
IIM Trichy 8
FMS Delhi 9
IIM Udaipur 10

Top Private MBA Colleges in India by Jagran Josh

College Name Jagran Josh Ranking 2020
XLRI Jamshedpur 1
SPJIMR Mumbai 2
MDI Gurgaon 3
TAPMI Manipal 4
Narsee Monjee Mumbai 5
IMI New Delhi 6
Symbiosis Pune 7
IMT Ghaziabad 8
BITS Pilani 9
MIT Pune 10

The often-talked-about top 3 IIMs, IIM A, B, and C have maintained their top ranks this year too in the ranking list released by Jagran Josh agency. The agency’s surveys are conducted by industry leaders and are based on the following eligibility criteria.

  • The institute should offer a 2-year duration full-time management course.
  • A government body should have recognized the institute.
  • A minimum of 3 batches must have passed out from the institute.

Top Management Colleges in India with Dalal Street Ranking

College Name Dalal Street Ranking 2019
XLRI Jamshedpur 1
MDI Gurgaon 2
SP Jain Mumbai 3
IIT Delhi 4
FMS Delhi 5
IIFT Delhi 6
IIT Bombay 7
NMIMS Mumbai 8
SIBM Pune 9
NITIE Mumbai 10

Dalal Street ranks XLRI Jamshedpur as the best management college in India. XLRI (Xavier Labour Relations Institute), also known as Xavier School of Management, offers multiple management courses to students. Check the complete list of courses here.

  • Other top management colleges in India ranked by Dalal Street include MDI Gurgaon, SPJIMR Mumbai and FMS Delhi among others.
  • Among the technical institutes, IIT Delhi and IIT Bombay have shown good improvements in the previous year. IIT Delhi has improved its position by 2 positions while IIT Bombay has improved by 5.
  • FMS Delhi and NMIMS Mumbai are the 2 institutes which have seen a drop in ranking this year.

The following graph shows the division of these institutes by zones:

top management colleges in India zone wise

Source: dsij.in

Top Management Colleges in India with Fees

College Name Average MBA Fees
IIM Ahmedabad INR 23,00,000
IIM Bangalore INR 23,15,000
IIM Calcutta INR 27,00,000
IIM Lucknow INR 21,00,000
IIM Indore INR 15,72,000
IIM Kozhikode INR 17,50,000
IIM Rohtak INR 16,70,000
IIM Udaipur INR 6,16,000
ISB Hyderabad INR 37,50,000
IIT Bombay INR 10,00,000
IIT Delhi INR 9,60,000
IIT Madras INR 8,00,000
IIT Roorkee INR 8,20,000
NIT Trichy INR 1,94,000
IIT Kharagpur INR 10,44,000
XLRI Jamshedpur INR 23,60,000
MDI Gurgaon INR 18,85,000
Symbiosis Pune INR 19,20,000
Narsee Monjee Mumbai INR 18,50,000
SPJIMR Mumbai INR 17,50,000
Great Lakes Chennai INR 16,00,000
JBIMS Mumbai INR 1,00,000
FMS Delhi INR 1,92,000
NITIE Mumbai INR 12,00,000
IIFT New Delhi INR 15,20,000
TAPMI Manipal INR 14,00,000
ICFAI Hyderabad INR 14,00,000

Top Private Management Colleges in India with Best ROI (Return on Investment) in 2022

College Name Average Annual Fee Average Salary Package ROI Rank*
XLRI Jamshedpur INR 4,26,000 INR 22,35,000 1
SIBM Pune INR 5,90,000 INR 17,48,000 2
SPJIMR Mumbai INR 9,30,000 INR 22,90,000 3
MDI Gurgaon INR 9,43,000 INR 20,13,000 4
Lovely Professional University [LPU] INR 2,90,000 INR 6,00,000 5
IMT Ghaziabad INR 10,35,000 INR 12,50,000 6
SIBM Bangalore INR 8,20,000 INR 9,79,000 7
ISB Hyderabad INR 34,63,000 INR 25,06,000 8
Great Lakes Chennai INR 16,00,000 INR 11,00,000 9

*ROI={(Average Salary Package)/(Average Annual Fee)}*100%

ROI or Return on Investment shows how fruitful it is to pursue a management course from a particular institute. ROI gives an idea of how many years it would take to recover the money invested in an MBA or BBA course. It matters more in the case of a career oriented course like MBA as compared to BBA. Therefore, the following table lists the top private MBA colleges in India ROI wise.

FMS Delhi is the best management institute in India when it comes to ROI.Based on the basic calculation of money invested and the returns received, ROI compares the average fees of a college and the average salary received by students.

  • XLRI Jamshedpur ranks 1 in the above table. This top private management college in India has managed to maintain this reputation for years.
  • Symbiosis Pune ranks better than Symbiosis Bangalore in terms of return on investment (ROI).

Top Management Colleges in India with Cutoff

Colleges release cutoff lists of top management exams to admit students in their programs, while some also give admission on the basis of merit list. Mostly BBA admissions are done directly through merit on the basis of class 12 scores.

  • These cutoff lists also have provisions of reservation for the caste category students and sometimes also include State Quotas.
  • Many times, colleges release lists in multiple rounds in an attempt to fill all the seats for that course.

We have made some lists below of the cutoff score lists released by top colleges in India.

Top BBA Colleges in India with Cutoff

This cutoff data in the table above is just about the General category students. To know what score students of other categories need to achieve, click on the links below.

Top MBA Colleges in India with Cutoff

College Name MBA Cutoff 2020
IIM Ahmedabad 90 (CAT)
IIM Bangalore 99 (CAT)
IIM Lucknow 97 (CAT)
XLRI Jamshedpur 96 (XAT)
NMIMS Mumbai 209 (NMAT)
Symbiosis Pune 96 (SNAP)
MDI Gurgaon 94 (CAT)
FMS Delhi 98 (CAT)
SP Jain Mumbai 85 (XAT)

To know more details of these cutoffs, check the links below.

Top MMS Colleges in India Cutoff

College Name Cutoff
JBIMS Mumbai 96 (CAT)
SIMSREE Mumbai 144 (MAH CET)
SIESCOMS Mumbai 80 (CMAT)
IISc Bangalore 90 (CAT)
Bharati Vidyapeeth, Navi Mumbai 108 (MAH CET)
XIMR Mumbai 123 (MAH CET)

Top Management Colleges in India for Distance MBA

Top Management Colleges in India for Online MBA

College Name Average Fees
Amity University, Noida INR 2,50,000
Jaipur National University (JNU), Jaipur INR 55,800
Pondicherry University, Directorate of Distance Education INR 45,000
National Institute of Business Management, Chennai INR 14,700
ITM University, Gwalior INR 80,000

Top Management Colleges in India: Admission Process 2021

There are 6231 top management colleges in India providing quality education to students. These include 5142 private and 1080 public-funded management colleges. The following bar shows their ratio.

public and private management colleges in India

Source: Official Survey

Admissions to these colleges in India are done through top management entrance exams.

  • For the bachelor’s degree, IPU CET, BUMAT, and JSAT are some of the popular exams. These exams admit students in courses like BBA and BBM.
  • For the master degree courses like MBA, the top management entrance exams include CAT, XAT and CMAT.
  • Admissions are done mainly in 3 steps, Written Test, Group Discussion, Personal Interview.

IIM Bangalore

One of the 3 topmost IIMs A, B, and C, IIM Bangalore is the second best college according to the latest NIRF ranking 2020 in the list of top management colleges in India.

  • NIRF ranks IIM Bangalore as the 2nd best management college in India in 2020, while it is ranked No. 1 by Jagran Josh.
  • QS Global Universities ranking 2020 has also ranked IIM Bangalore as the best college in India.
  • The institute has been offering MBA degrees to students since 2018 after the passage of the IIMs Act 2017 by the HRD Ministry.

The 2-year long management course at IIM Bangalore offers students a minimum of 94.5 credits. The institute has one of the most diverse batches in the country.

  • GMAT score for admissions this year went up to 770.
  • The institute also has a good gender ratio, compared to other institutes, with 37% girls and 63% boys.
  • Out of the 441 students in the batch 2019-21, 366 (82.99%) are from engineering background.

The following chart shows the batch division industry-wise, excluding the engineering students.

iim bangalore mba 2020 batch profile

Source: IIM Bangalore Official Website

The institute received 488 offers for its 411 students in the final placements 2017-19.

  • 129 companies visited IIM Bangalore campus this year.
  • 15 students got international offers. 1 student opted to stay out of placements.
  • The average salary this year was INR 24.54 lakh and the median package was INR 23 lakh.

Read everything about IIM Bangalore Placement 2020

The following graph shows offer from various companies.

iim bangalore mba placement offer

Source: IIM Bangalore Official Website

MDI Gurgaon

MDI Gurgaon is one of the most popular MBA colleges in Delhi NCR.

  • MDI Gurgaon is accredited by NBA and AMDISA, a SAARC approved accreditation body.
  • The institute has improved its rank by 2 positions in the latest NIRF Management College Ranking 2020. It now ranks at the 10th position.
  • Dalal Street has ranked MDI Gurgaon 2nd among the top management colleges in India 2019.
  • The PGPM program of MDI Gurgaon is divided into 6 terms with duration of 3 months each.

The batch 2017-19 of MDI Gurgaon had 342 students as compared to the 299 in the batch 2018-20.

  • A whopping 80% of these students came from an engineering background. Just 10% of the students were from commerce sector.
  • Also, 36% of the students did their bachelors from tier-1 colleges like IITs and NITs.
  • The average age of MDI Gurgaon 2017-19 batch is 24 years while the gender diversity stood at 32% of females and 68% males in the different MDI Gurgaon Courses.
  • The average CAT percentile of these students is 98.6.

The average work experience is 21 months. The following graph gives more insights into this.

mdi gurgaon mba batch 2020 work experience

Source: MDI Gurgaon Official Website

MDI Gurgaon Batch 2017-19 saw 106 companies visiting this year for MBA placements, with 36 new recruiters.

  • There was a 5% rise in the average package offered as compared to the previous year.
  • The average salary of MDI Gurgaon was INR 20.13 lakh while the median package stood at INR 19.82 lakh.
  • The highest domestic package this year went to INR 40.79 lakh.

Given below is a sector-wise division of the recruiters this year.

mdi gurgaon mba recruiters 2020

Source: MDI Gurgaon Official Website

XLRI Jamshedpur

XLRI Jamshedpur is one of the top management colleges in India located in the eastern state of Jharkhand.

  • The institute has been ranked 9th in India by NIRF ranking 2022.
  • Dalal Street has ranked XLRI Jamshedpur as the best management college in India in 2022.
  • The institute was established in 1949 and offers multiple management programs at both bachelors and masters level.
  • XLRI Jamshedpur is accredited by AACSB, an accreditation earned by less than 5% of the world’s business schools.

XLRI Jamshedpur also offers executive management education to the students. XLRI Jamshedpur placements stats are given below.

No. of Recruiters 104
Offers 358
Average Package INR 22.35 lakh
Highest Package INR 50 lakh

There are many scholarships offered by the institute to students. Read what students have to say about XLRI Jamshedpur Scholarships.

Top Management Colleges in India: Region Wise

There is a long list of top management colleges in India.

  • Maharashtra emerges as the biggest player with 837 colleges.
  • Other popular destinations for pursuing management education in India include Tamil Nadu, Uttar Pradesh, and Delhi NCR.

Top Management Colleges in Maharashtra

College Name Total MBA Fees
IIT Bombay INR 1,00,000
SP Jain Mumbai INR 17,50,000
JBIMS Mumbai INR 1,00,000
BITSoM INR 24,50,000
Symbiosis Pune INR 19,20,000
Narsee Monjee Mumbai INR 18,50,000
NITIE Mumbai INR 12,00,000
WESCHOOL Mumbai INR 22,00,000
IMED Pune INR 4,50,000
KJ Somaiya Mumbai INR 14,34,000
IMT Nagpur INR 12,10,000
SIMSREE Mumbai INR 1,38,000
BIMM Pune INR 8,90,000
SIES COMS Mumbai INR 9,00,000
PIBM Pune INR 15,90,000
BIMHRD Pune INR 8,90,000

Maharashtra boasts some of the top management colleges in India.

  • There are a total of 101 public and 703 private management colleges in Maharashtra.
  • In the AICTE approved institutes, the boys’ enrolment is around 24,200 while the girls’ enrolment is around 16,700.
  • Colleges in Maharashtra accept scores of many management entrance exams like CAT, AIMA UGAT, NMAT, etc.

Top Management Colleges in Delhi NCR

College Name Total MBA Fees
IIT Delhi INR 9,60,000
MDI Gurgaon INR 18,80,000
IIM Rohtak INR 16,70,000
IMI New Delhi INR 16,33,000
IIFT New Delhi INR 15,20,000
Jamia Millia Islamia, New Delhi INR 1,30,000
Department of Commerce, New Delhi INR 31,400
FMS New Delhi INR 1,92,000
FORE School of Management, New Delhi INR 15,98,000
Amity Global Business School, Noida INR 7,80,000
IMT Nagpur INR 20,70,000
Amity University, Noida INR 6,80,000
BIMTECH Greater Noida INR 12,50,000
Jaipuria Institute of Management, Noida INR 9,90,000
Indraprastha University, New Delhi INR 1,40,000

The national capital hosts some of the premier institutes in India.

  • There are 83 public and 571 private management colleges in the national region.
  • 418 top management colleges in Delhi are AICTE approved while 123 are UGC approved.
  • Most of the colleges accept scores of entrance exams like CAT, XAT, IPU CET, UPSEE, etc.

Also Check,

Top Management Colleges in India: Entrance Exam Wise

Management colleges in India accept different exams for different courses. For BBA, top exams include AIMA UGAT and IPU CET, where as, for MBA, top exams include, CAT. MAT, and CMAT. Categorized below are some of these best colleges according to entrance exam score they accept.

Top Management Colleges in India Accepting AIMA UGAT

College Name BBA Fees
ICFAI Foundation for Higher Education, Hyderabad INR 7,80,000
KIIT School of Management, Bhubaneswar INR 8,40,000
ICFAI Business School, Hyderabad INR 7,80,000
GITAM Institute of Management, Visakhapatnam INR 6,00,000
OP Jindal Global Business School, Sonepat INR 12,00,000
IMS Kolkata INR 2,73,000
SRM University, Sonepat INR 4,68,000
Shobhit University, Meerut INR 1,68,000
GLS University, Ahmedabad INR 1,38,000
NDIM New Delhi INR 1,08,000

AIMA UGAT is conducted by AIMA (All India Management Association) for admission in BBA courses of top colleges in India.

Top Management Colleges in India Accepting CAT

College Name CAT Cutoff 2020
IIM Ahmedabad 90
IIM Bangalore 99
IIM Calcutta 99
IIM Lucknow 97
IIM Indore 97
IIM Kozhikode 97
IIT Madras 85
IIT Delhi 90
IIT Bombay 90
IIT Roorkee 95

CAT is the most popular MBA entrance exam and is considered by almost every top MBA college in India.

Top Management Colleges in India Accepting MAT

College Name MAT Cutoff 2020
JIMS New Delhi 63
IIHMR University, Jaipur 67
SRM Chennai 67
KIIT Bhubaneswar 80
Alliance University, Bangalore 67
VIT Vellore 80
UPES Dehradun 87
BIMTECH Greater Noida 70
BIT Mesra, Ranchi 43
Jaipuria Institute of Management, Noida 67

MAT or Management Admission Test is also conducted by AIMA for MBA admissions in the top management colleges in India.

Read More

Top Management Colleges in India with Average Salary

College Name Average MBA Salary
IIM Ahmedabad INR 33,00,000
IIM Bangalore INR 29,80,000
IIM Calcutta INR 26,90,000
IIM Indore INR 22,92,000
IIM Kozhikode INR 23,00,000
IIM Lucknow INR 20,00,000
IIT Kharagpur INR 18,10,000
IIT Delhi INR 22,69,000
IIT Bombay INR 20,98,000
IIT Madras INR 14,38,000
IIT Roorkee INR 9,18,000
FMS Delhi INR 25,60,000
MDI Gurgaon INR 22,05,000
Narsee Monjee Mumbai INR 18,33,000
XLRI Jamshedpur INR 15,00,000

Management colleges in India offer students some of the best placement opportunities.

  • An average management college in India receives around 200 offers.
  • Top Management colleges in India like IIM Bangalore and NMIMS Mumbai receive more than 400 offers.
  • The average MBA salary in India is INR 6-9 lakh.
  • The average BBA salary in India is INR 3-5 lakh.

average mba salary in 2020

Source: Official Institute Websites

Top Management recruiters include:

Google CRISIL
Barclays Capital Bisleri
Boston Consulting Group (BCG) Amazon
Morgan Stanley Bain & Company
National Stock Exchange Accenture Strategy
CISCO Gartner
BYJU’s TCS

Placements also depend on the stream you choose. Check top management colleges in India streamwise.

Top Management Colleges in India for MBA Finance

College Name Average Fees
IIM Bangalore INR 23,15,000
IIM Calcutta INR 27,00,000
IIM Indore INR 15,70,000
IIT Kharagpur INR 10,40,000
XLRI Jamshedpur INR 15,00,000
IIT Bombay INR 10,00,000
IIT Roorkee INR 8,20,000
SP Jain Mumbai INR 17,50,000
Great Lakes Chennai INR 16,00,000
IIM Raipur INR 14,50,000

India’s finance industry is growing at a rate faster than ever.

  • The finance sector in India is growing at an average rate of 8.5%.
  • The sectors of banking, mutual funds and wealth management show an overall growth of 15%.

The average salary for finance in India is INR 7-9 lakh after postgraduation.

Top Management Colleges in India for MBA in Marketing

College Name Average Fees
IIM Bangalore INR 23,15,000
IIM Calcutta INR 27,00,000
IIM Indore INR 15,70,000
IIT Bombay INR 10,00,000
FMS Delhi INR 1,92,000
ISB Hyderabad INR 37,50,000
IIM Trichy INR 18,30,000
IIT Madras INR 8,00,000
Narsee Monjee Mumbai INR 18,50,000
Symbiosis Pune INR 19,20,000

Many management courses emphasize most on the aspects of marketing.

  • The advertising and marketing sector in India is expected to cross the $10 billion mark by the end of 2020.
  • 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 next few years.

The average salary for marketing in India is INR 6-8 lakh after post-graduation.

Top Management Colleges in India: FAQs

Ques. What changes have been made by IIM Indore in CAT 2020 Exam Pattern?

Ans. IIM Indore has released a new media release on September 16. According to this, CAT 2020 will be for 2 hours only, instead of 3. Each section will have 40 minutes, and candidates will not be allowed to switch between sections. Tutorials related to updated exam pattern will be available from October 2020.

Ques. What all changes can students make in CAT Application Form this year?

Ans. IIM Indore has opened the form correction window for CAT 2020 Application form up to 5:00 PM on September 29. IIM Council allows students to make 3 changes:

  • Signature
  • Photograph
  • Test City Preferences

Any changes apart from these won’t be entertained.

Ques. Which are the best management colleges in India?

Ans. The IIMs and IITs are the best colleges for pursuing MBA in India. The best IIMs include IIM Ahmedabad, IIM Bangalore, IIM Lucknow, IIM Calcutta, and IIM Kozhikode. Among the IITs, the best names include IIT Bombay, IIT Madras, IIT Delhi and IIT Kanpur.

In addition, government colleges like FMS Delhi and NITIE Mumbai, and private B schools like SP Jain Mumbai, Narsee Monjee, XLRI Jamshedpur and MDI Gurgaon also offer good education.

For BBA, the best colleges in India are SSCBS (Shaheed Sukhdev Singh College of Business Studies), New Delhi, NMIMS Mumbai and Chandigarh University.

Ques. Which college is best for MBA in Finance in India?

Ans. MBA Finance is a top specialization of MBA in India. It is offered by 2000+ MBA colleges in India. Some of the best colleges in India for MBA Finance are IIM Kozhikode, SP Jain Mumbai, IIFT New Delhi and MDI Gurgaon.

Ques. Why is MBA so expensive?

Ans. MBA is one of the most popular courses and the basic eligibility criterion is also not too difficult. Students from any stream can pursue this course. In addition to this, also MBA offers the most lucrative career options to students. The package offered after completing MBA is one of the highest in India. Also, there is a huge demand for the course, thus making it one of the most expensive courses.

Ques. Which country is best for MBA?

Ans. India is one of the best countries for MBA as it has some of the best B schools in the world, which are also ranked by international agencies like QS. The average MBA salary after graduating from the Tier 1 colleges is INR 25-40 lakh.

Ques. How difficult is CAT?

Ans. CAT is not a difficult but a competitive exam. The syllabus of CAT includes questions related to Verbal Aptitude, Non-Verbal Aptitude, Logical Reasoning and Data Interpretation. Many of these questions are also asked by companies during their campus recruitment, though the level in CAT is a bit high.

Still, proper guidance and training can make CAT an easy nut for you to crack. It does not matter how much you score. What matters is the rank of your score among all the participating students.

Ques. Is CAT compulsory for MBA?

Ans. CAT is not strictly compulsory for MBA, but yes, it will open the maximum number of doors for you. All the IIMs and IITs in India take admission only on the basis of CAT. Majority of the private and government MBA colleges take admission on the basis of CAT score. So not appearing for CAT might snatch away many opportunities from you, that too the best ones.

Still, if you don’t want to give CAT, you can go for many other exams like CMAT, MAT, NMAT, XAT and ATMA.

Ques. What is the salary of MBA in Finance in India?

Ans. MBA Finance graduates can earn a salary anywhere between INR 3 lakh to INR 30 lakh per annum. This depends very much upon the college you are graduating from. IIM graduates generally earn annual packages above INR 20 lakh. The graduates of IITs and the best private colleges, i.e., Tier 2, get to earn an average salary of INR 12-18 lakh. In the case of average colleges, the package stays around INR 3-7 lakh per annum.

Ques. What do you study in MBA Finance?

Ans. MBA Finance Syllabus covers a holistic detail of topics like Finance, Managerial Accounting, Risk Management, Corporate Taxation, Income Securities, etc. Read all the details of subjects and workshops in this course, by clicking on MBA Finance Syllabus.

Ques. What is the best age to do an MBA?

Ans. There is no specified age for when you can do an MBA. Still, you should look for the course around the age of 25-28 years. The average student age after graduation is 22 years. If you go on to do a job after this and choose an MBA at an age of 25-28 years, you will be having work experience also. This increases your chances of getting recruited in selection procedure.

Ques. Which MBA is most in demand?

Ans. The most in-demand MBA specializations in India are MBA Marketing, MBA Finance, MBA in HR and MBA Operations Management.

Ques. Is MBA better than CA?

Ans. There are many parameters to consider which is better, an MBA or CA. The average money invested in a CA course is very less than the cost of an MBA. However, the latter offers a much more attractive package than the former one.

CA is an uncertain journey and you don’t know how long it will take to complete the course. In the case of an MBA, you will probably be working at a suitable place after 2 years.

The job options after an MBA are enormous, while CA, CS and related courses have a limited scope.

So, considering all these options, MBA does look to be a better course than CA. However, all that glitters in not gold. Understand the syllabus of both courses and find your call and simply go for that.

Ques. Who earns more, MBA or CA?

Ans. The average salary of MBA is more than that of CA. The average MBA salary in India can up to INR 20-25 lakh, while the average CA salary is INR 7-10 lakh.

Ques. Which college has best placement?

Ans. IIM Calcutta and IIM Ahmedabad offer the best placement packages in India. But, the ROI of IIM Calcutta is not so good as its fees is very high.

Ques. Can MBA be done after 12th?

Ans. No. An MBA course can be done after graduation in any stream, but not after Class XII.

Ques. Can MBA be done after BTech?

Ans. Yes, MBA can be done after B.Tech. In fact, BTech students make the largest share in MBA batches of top MBA colleges in India.

Ques. Can MBA be done Online?

Ans. Yes. MBA can be done through online medium also. Read more about this here.

Ques. Can MBA be done without Maths?

Ans. Maths make an important part of both MBA syllabus and MBA entrance exams. So you cannot skip the Queen of Science.

Ques. What should I study before MBA?

Ans. It does not matter which course you study in graduation for your MBA admission. However, BTech, BBA and BCA are some of the recommended courses.

Ques. Does getting an MBA make someone a better entrepreneur?

Ans. MBA does offer skills which guide you in your entrepreneurial journey. So yes, it might turn out to be a good course if you are planning to become one.

Ques. Is MBA really worth the money?

Ans. The value for money of an MBA depends upon the college you study it from. If you are graduating from a top Tier 1 or Tier 2 college, you will most probably realize the value in future. In case of Tier 3 colleges, your skills appear to be an additional criteria, as sometimes these colleges lack the important data.

Ques. Is it better to pursue an MBA after engineering or go for an MTech/MS?

Ans. This totally depends on which field you want to enter. If you plan to remain in the core IT field and make advancements in your engineering specialization, simply choose MTech or MS. If you plan to enter the business industry and the management sector, go for an MBA.

Ques. What are the advantages of doing an MBA after engineering?

Ans. The present market is dominated by the IT industries. If you pursue an MBA after BTech, you will have the knowledge of both the Technology and the skills required to manage and market that. This is one of the best advantages of doing an MBA after engineering.

Ques. Which MBA College is best in India?

Ans. IIM Ahmedabad, IIM Bangalore and IIM Calcutta are the most premier management colleges in India. Apart from these, some of the often cited best private management institutes are XLRI Jamshedpur and NMIMS Mumbai.

Ques. How many MBA colleges are there in India?

Ans. There are 4400+ MBA colleges in India.

Ques. Is IIT MBA good?

Ans. Many popular IITs like IIT Delhi and IIT Bombay offer MBA courses through their centers for management education. These institutes offer good education at par with many other top management colleges in India.

Ques. Is SIBM Pune good for MBA?

Ans. Yes. Symbiosis Institute of Business Management [SIBM] Pune is a good management college. The institute offers good MBA education and the average salary goes up to INR 17.48 lakh.

Ques. Is FMS Delhi better than IIM?

Ans. FMS Delhi is a good management institute and offers the best ROI (return on investment) among all the MBA colleges in India. However, the tag of IIM is always much superior to other private institutes. The other benefits and favours which an IIM graduate receive are matchless.

Ques. How much percentile is required for FMS Delhi?

Ans. To get admission in FMS Delhi, students need to have a 98+ precentile.

Ques. Which is better, Executive MBA from SP Jain Mumbai or Executive MBA from XLRI Jamshedpur?

Ans. XLRI Jamshedpur offers a 16 month EMBA in Human Resource Management, while SP Jain offers an 18 month long program in essentials of management. While an EMBA from SP Jain costs more than INR 15 lakh, and EMBA from XLRI will cost only between INR 5-7 lakh. These 2 factors should be your major concern when it comes to choosing one among the 2 colleges for an EMBA.

Ques. Which is better, Executive MBA from IIM Ahmedabad or Executive MBA from ISB Hyderabad?

Ans. Both IIM Ahmedabad and ISB Hyderabad are premier colleges and offer you the finest career opportunities in India among all the top B schools.

  • While IIM Ahmedabad is government-owned, ISB Hyderabad is a private college offering management education.
  • IIM Ahmedabad offers 1-year full time EMBA course, while ISB Hyderabad offers it PGPPro course as a weekend program for working executives.
  • Placement prospects are better at IIM Ahmedbad, though the difference is very small.

Ques. Is MBA losing its value in the current years?

Ans. Due to an enormous number of students pursuing the course every year, MBA’s value has deviated a bit, but still, it is one of the most sought after courses by the recruiters in the corporate world. It is also one of the courses which offer the highest salary in India.

Ques. How does one get a scholarship for an MBA?

Ans. Many organizations and institutes offer scholarships for MBA programs. The 2 best ways to get an MBA scholarship are:

  • A good score in the entrance test.
  • Extensive research work in a particular field.

Ques. Which IIT is best for MBA?

Ans. SJMSOM-IIT Bombay offers a very good MBA course for the students. The institute has been ranked No. 4 in the world by QS World Rankings. The average CTC offered here remains above INR 20 lakh.