Getting an MBA from a top business school/university is a dream for many aspiring managers and entrepreneurs in India. Most of the students decide to pursue higher education in the field of business and management to get exposure to real business challenges and have well-paying career opportunities. The technical part of the MBA program is one such option that opens up the career path for many people and offers professional opportunities in major companies around the world. Every year, more than 2,00,000 get themselves admitted in the best private MBA colleges in India and build their career in the business, management or administration field.
Multiple factors such as academic reputation, faculty expertise, industry connections, placement records and better learning environment are all factors that students have to consider when searching for the best and most suitable private MBA colleges in India. However, there are multiple high-ranking Indian Business Schools that are highly ranked and recognised by multiple bodies such as NIRF, AICTE, UGC, and more. The Private MBA colleges in India are known for their rigorous curriculum, state-of-the-art facilities and strong industry connections, which play an important role in shaping future business leaders.
The top private MBA colleges in India have been very effective in creating the careers of thousands of aspiring leaders. The Master of Business Administration (MBA) is a two-year post-graduation degree and provides students with a comprehensive understanding of the dynamics of business. The best private MBA colleges in India offer a wide range of specializations, including finance, marketing, human resources, management, and entrepreneurship, allowing students to pursue their interests and develop expertise in the same. Here are some of the key highlights related to the top private MBA colleges in India.
|
Program |
MBA (Masters of Business Administration) |
|---|---|
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Total number of private MBA colleges in India |
150+ |
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Program Fee Range |
INR 10,00,000 to INR 40,00,000 |
|
MBA Specializations |
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Entrance exams |
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Types of MBA program |
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Top Private MBA Colleges in India |
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MBA is a master's degree program and more than 150 privately owned universities and institutes are located all around India. These best private MBA colleges in India have program fees ranging between INR 10,00,000 to INR 40,00,000 and accept entrance-based admission of the candidates through the commonly accepted and university-based entrance examinations. These best MBA colleges in India private are NAAC accredited and AICTE and UGC approved and are high-ranked all over the country. Here are the top 10 private MBA colleges in India along with their program fees and exams accepted by the university.
|
S.No |
Universities / Colleges Name |
Fees |
Exam Accepted |
|---|---|---|---|
|
1 |
INR 28,60,000 |
XAT |
|
|
2 |
INR 16,70,000 |
CAT, XAT, MAT, CMAT, and ATMA |
|
|
3 |
INR 27,96,000 |
SNAP |
|
|
4 |
INR 24,00,000 |
CAT and GMAT |
|
|
5 |
SVKM's Narsee Monjee Institute of Management Studies, Mumbai |
INR 25,00,000 |
NMAT |
|
6 |
INR 13,50,000 |
ACAT, CAT, XAT, MAT, CMAT, GMAT and GRE |
|
|
7 |
INR 15,56,000 |
CAT, MAT, XAT, CMAT, GMAT, and NMAT. |
|
|
8 |
INR 23,00,000 |
CAT, XAT, and GMAT |
|
|
9 |
INR 14,77,000 |
CAT, GMAT, and XAT |
|
|
10 |
INR 21,53,000 |
CAT, XAT, MAT, CMAT, and ATMA |
The National Institutional Ranking Framework (NIRF) is important in India as it helps students and teachers make informed decisions about higher education. The NIRF rankings are published annually and the top private MBA colleges ranking in India are based on five different factors, including graduation rates, research and academic performance, teaching and learning resources, and the institution's overall reputation used to determine positions and points. Here are the top 10 private MBA colleges in India along with their 2023 and 2024 NIRF ranking.
|
S.No |
Private MBA Universities |
NIRF Ranking 2023 |
NIRF Ranking 2024 |
|---|---|---|---|
|
1. |
Xavier School of Management (XLRI) |
9 |
9 |
|
2. |
Management Development Institute (MDI) |
13 |
11 |
|
3. |
Symbiosis Institute of Business Management |
17 |
13 |
|
4. |
S. P. Jain Institute of Management & Research |
20 |
20 |
|
5. |
SVKM`s Narsee Monjee Institute of Management Studies |
21 |
21 |
|
6. |
Amity University |
28 |
29 |
|
7. |
Great Lakes Institute of Management |
31 |
34 |
|
8. |
Lovely Professional University (LPU) |
32 |
38 |
|
9. |
ICFAI Foundation for Higher Education, Hyderabad |
40 |
39 |
|
10. |
International Management Institute, New Delhi |
34 |
40 |
MBA is the most popular postgraduate course pursued by students after completing their graduation degree. The private MBA colleges in India offer the best management program covering a wide range of specializations, including Human Resources, Finance and Research, Management, Management Behavior, Entrepreneurship, Leadership, and more. Applicants must meet certain eligibility criteria to get admission to the best private colleges for MBA in India. Additionally, many universities require candidates to appear for entrance exams such as CAT, MAT, XAT, or GMAT. The MBA admission process also consists of an entrance test, group discussion, and personal interview. Here are some of the basic admission processes that candidates need to follow to get admitted to any private MBA college in India.
The shortlisted candidates will then be called in for the group discussion and personal interview.
The top MBA private colleges in India have certain eligibility criteria that are required by the candidates to follow. Each management institute has its basic eligibility criteria and it varies. Some private MBA colleges in India with CAT accept admission of candidates based on their previous merit scores but some do accept entrance-based admission. Here are the basic eligibility criteria required by the candidates to get admitted to the best MBA private colleges in India.
Not all management universities accept entrance-based admission of the candidates, some best private MBS colleges in India without entrance exams also offer admission to candidates based on their merit scores. Here are some of the top private MBA colleges in India with low fees that accept no entrance examination.
|
S.No. |
College Name |
|---|---|
|
1 |
Adusumilli Vijay Institute of Technology and Research Centre, Nalgonda |
|
2 |
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|
3 |
SP Jain Institute of Management & Research, Mumbai |
|
4 |
IES Management College and Research Centre, Mumbai |
|
5 |
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6 |
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7 |
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|
8 |
Natesan Institute of Co-operative Management, Chennai |
|
9 |
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10 |
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11 |
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12 |
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|
13 |
IILM Academy of Higher Learning Jaipur |
|
14 |
Maharishi Arvind Institute of Science and Management, Jaipur |
|
15 |
JIS University |
|
16 |
Fees are one of the most concerning and affecting factors when it comes to choosing the MBA best private college in India. For a two-year full-time master's degree program the program fees can range anywhere between INR 50,000 to INR 40,00,000. The top private MBA colleges in India with fee structures include expenses such as tuition fees, exam fees, modern amenities, and other facilities. Here are some of the top management universities offering MBA fees in private colleges in India.
|
S.No |
MBA Private Universities |
Program Fees |
|---|---|---|
|
1. |
MDI Gurgaon |
INR 26,00,000 |
|
2. |
Amity University Noida |
INR 6,00,000 |
|
3. |
IMT Ghaziabad |
INR 21,00,000 |
|
4. |
XLRI Delhi |
INR 27,00,000 |
|
5. |
SPJIMR Mumbai |
INR 24,00,000 |
|
6. |
JBIMS Mumbai |
INR 6,00,000 |
|
7. |
SVKM's NMIMS, Mumbai |
INR 25,84,000 |
|
8. |
Symbiosis Institute of Business Management, Pune |
INR 26,80,000 |
|
9. |
Great Lakes Institute of Management, Chennai |
INR 21,25,000 |
|
10. |
INR 16,28,000 |
|
|
11. |
INR 7,02,000 |
|
|
12. |
KIIT School of Management, Bhubaneswar |
INR 6,80,000 |
|
13. |
Institute of Management, Nirma University, Ahmedabad |
INR 5,02,000 |
|
14. |
Jagdish Sheth School of Management - [JAGSOM], Bangalore, Karnataka |
INR 16,00,000 |
Placements play an important role when choosing the MBA top private colleges in India as they help graduates find the most suitable career placement for themselves with a maximum salary package. The best placement MBA private colleges in India can range anywhere between INR 35,000 to INR 1,05,00,000 per annum. Many renowned and top-ranking firms recruit these management graduates from the best private MBA colleges in India placement-wise. The highest and average salary packages offered by the top private MBA colleges in India placement-wise are mentioned below.
|
S.No. |
Universities / Colleges Name |
Highest Package (per annum) |
Average Package (per annum) |
|---|---|---|---|
|
1 |
XLRI-Xavier School of Management, Jamshedpur |
INR 75,00,000 |
INR 24,00,000 |
|
2 |
Management Development Institute (MDI) Gurgaon, Gurugram |
INR 63,30,000 |
INR 25,50,000 |
|
3 |
Symbiosis Institute of Business Management, Pune |
INR 49,00,000 |
INR 28,16,000 |
|
4 |
SP Jain Institute of Management and Research, Mumbai |
INR 81,00,000 |
INR 33,00,000 |
|
5 |
SVKM's Narsee Monjee Institute of Management Studies, Mumbai |
INR 67,70,000 |
INR 25,13,000 |
|
6 |
Amrita Vishwa Vidyapeetham, Coimbatore |
INR 24,84,000 |
INR 8,33,000 |
|
7 |
Amity University, Noida |
INR 16,50,000 |
INR 8,50,000 |
|
8 |
MICA, Ahmedabad |
INR 35,50,000 |
INR 19,21,000 |
|
9 |
Great Lakes Institute of Management, Chennai |
INR 39,30,000 |
INR 17,30,000 |
|
10 |
Institute of Management Technology, Ghaziabad |
INR 34,76,000 |
INR 17,07,000 |
A.- There are many private MBA colleges in India that accepts merit-based admission of the candidates based on their previous educational scores.
A.- There is no maximum age limit for students to get admitted to good private MBA colleges in India, but the optimal age for doing a regular MBA degree program is 25-27 years.
A.- At present there are nearly 150+ private top MBA colleges in India available for students to offer them education in the fields of business, management, and administration.
A.- The management program offered by the top MBA private colleges fees in India can range anywhere from INR 2,00,000 to INR 20,00,000 in total.
A.- The best program specializations offered by the MBA colleges in India private institutes include Healthcare Management, Finance, Marketing, International Business, Accounting, and many more.
