Top MBA Colleges in Ahmedabad 2024: Fees, Admissions, Placements & Rankings

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Update at Sep 16, 2024, 6:24 am

Ahmedabad, located in western India, is one of the largest cities in the state of Gujarat and a centre for information technology, education, and industry. The city is home to some of the most prestigious and renowned MBA Colleges in India, offering higher education to candidates. The total number of MBA candidates enrolling each year in Ahmedabad is estimated to be around 10,000 to 12,000 students.

The MBA colleges in Ahmedabad stand out for their unique blend of world-class education and real-life experience. This Master of Business Administration program lasts 2 years with 4 semesters each that teaches and help students deal with real business problems that need to be solved. MBA colleges in Ahmedabad offer a management degree program that opens doors to various career opportunities in finance, healthcare, supply chain, marketing, management, business analysis and more.

MBA Colleges in Ahmedabad: Highlights 2024

There are a total of 74 MBA colleges in Ahmedabad, there are around 65 private Colleges and 9 government colleges for MBA in Ahmedabad. The top MBA colleges in Ahmedabad accept online entrance-based admission of candidates through CAT, MAT, XAT, CMAT, etc. The best MBA colleges in Ahmedabad offer specializations in Finance, Entrepreneurship and Family Business, Marketing, Human Resource Management, Technology, and more.

Here are some of the key highlights related to the Best MBA Colleges in Ahmedabad:-

City

Ahmedabad

Course

MBA

Total MBA colleges

74

Private MBA colleges

65

Government MBA colleges

9

MBA Specializations

  • Finance
  • Entrepreneurship and Family Business
  • Marketing
  • Human Resource Management
  • Technology
  • Operations
  • Decision Sciences

Entrance exams

CAT  / XAT  / NMAT  / CMAT  / MAT  / SNAP  / GMAT / GRE

Types of MBA program

  • Two-Year Full-Time MBA
  • Part-Time MBA
  • Online MBA
  • International MBA
  • Executive MBA
  • Specialized MBA 

Top 10 MBA Colleges in Ahmedabad

The MBA colleges in Ahmedabad offer a two-year master's degree program that is divided into four semesters. The MBA colleges in Ahmedabad accept entrance-based admission of candidates through CAT, XAT, MAT, CMAT, and more. The Ahmedabad MBA colleges also have an affordable fee range between INR 25,00,000 to INR 60,000.

Here are the top 10 MBA colleges in Ahmedabad list, their type, fees and accepted entrance exams.

S.No

Institute Name

Types of Colleges

Fees

Exam Accepted

1

IIMA - Indian Institute of Management, Ahmedabad, Gujarat

Public

INR 25,00,000 (total fees)

CAT

2

MICA, Ahmedabad, Gujarat 

Private

INR 23,00,000  (total fees)

XAT

3

Institute of Management, Nirma University, Ahmedabad, Gujarat

Private

INR 6,31,800 (1st Year Fees)

CAT

4

Gujarat University - [GU], Ahmedabad, Gujarat 

Public

INR 60,000 (1st Year Fees)

CMAT

5

Shanti Business School - [SBS], Ahmedabad, Gujarat 

Private

INR 4,05,000 (1st Year Fees)

MAT / XAT /  CAT / CMAT / ATMA

6

Narayana Business School - [NBS], Ahmedabad, Gujarat 

Private

INR 7,95,000  (total fees)

NBSAT

7

ICFAI Business School - [IBS],  Ahmedabad, Gujarat 

Private

INR 9,09,000  (total fees)

IBSAT / CAT / NMAT / GMAT

8

St. Kabir Institute of Professional Studies - [SKIPS], Ahmedabad, Gujarat 

Private

INR 5,45,400  (total fees)

CAT/CMAT/XAT/MAT/ATMA/GMAT

9

L.J. Institute of Management Studies - [LJIMS], Ahmedabad, Gujarat 

Private

INR 95,000 (1st Year Fees)

CAT / CMAT

10

Silver Oak University, Ahmedabad, Gujarat 

Private

INR 2,50,000  (1st Year Fees)

CAT/ MAT/ CMAT/GATE

NIRF Ranking For Top MBA Colleges in Ahmedabad

A Ranking Is a Helpful thing to choose a Good MBA Institute For candidates. The National Institutional Ranking Framework (NIRF) is a highly renowned ranking body that ranks the MBA colleges in Ahmedabad according to their programs offered and more. The MBA colleges in Ahmedabad with high rankings are often chosen by the students interested in getting enrolled.

Here are the Top MBA colleges in Ahmedabad list along with their NIRF rankings:-

S.No

Institute Name

NIRF Ranking

1

IIMA - Indian Institute of Management, Ahmedabad, Gujarat

1st

2

MICA, Ahmedabad, Gujarat

32nd

3

Institute of Management, Nirma University, Ahmedabad, Gujarat

45th

4

Gujarat University - [GU], Ahmedabad, Gujarat

76th

5

Shanti Business School - [SBS], Ahmedabad, Gujarat

40th

6

Narayana Business School - [NBS], Ahmedabad, Gujarat

109th

7

ICFAI Business School - [IBS],  Ahmedabad, Gujarat

11th

8

L.J. Institute of Management Studies - [LJIMS], Ahmedabad, Gujarat

26th

9

Silver Oak University, Ahmedabad, Gujarat

7th

Eligibility Criteria for Top MBA Colleges in Ahmedabad

Ahmedabad MBA College admits students based on their entrance scores online through the university’s official website. The best college for MBA in Ahmedabad accepts popular entrance examinations like CAT, CMAT, MAT, ACPC Gujarat, etc. Apart from that, few private colleges offer admission based on the student’s merit scores. Offering multiple specializations like Finance, HRM, Marketing and many more. Here are the basic eligibility criteria required by the Ahmedabad colleges for MBA program:

  • Candidates must appear in one of the following entrance exams - CAT, XAT, NMAT, CMAT, MAT, SNAP, GMAT or GRE.
  • Graduate students in any discipline should have a minimum 50% mark or equivalent CGPA are eligible to apply.
  • The students belonging to the reserved categories are offered a 5% concession in the minimum marks required.
  • Final-year students graduating in 2024 are eligible to apply.
  • Applicants must be university graduates from accredited institutions or renowned institutions.

Admission Process for Top MBA Colleges in Ahmedabad

The best colleges for MBA in Ahmedabad conduct the online admission process through the university’s official website. The admission process is based on national-level MBA entrance examinations and the shortlisted candidates can then proceed with the admission process. Eligible candidates who meet the minimum eligibility requirements will proceed with the counseling, personal interview and group discussion rounds. Here is the general admission process for those who want to get admission to the MBA university in Ahmedabad:

  • Appear for national-level entrance exams like CAT, XAT, NMAT, CMAT, MAT, SNAP, GMAT or GRE.
  • Register for the MBA admission process and then log in to the panel.
  • Enter all the required information, such as personal information, educational qualifications, entrance exam scores, etc.
  • Upload the documents online through the panel along with a recent passport-size photograph.
  • Submit application fees online.
  • Submit the completed application form online.
  • Download the submitted application form and keep it for future reference.
  • Selected candidates have to appear for group discussions or personal interviews.

Finally, the seat will be confirmed after verification of academic/educational and personal documents.

Entrance Exam for MBA Colleges in Ahmedabad

Multiple top-listed MBA colleges in Ahmedabad accepts entrance based admission of the candidates wanting to bild their career in management. The candidates need to appear for the popularly accepted entrance examinations like CAT, XAT, NMAT, CMAT, MAT, SNAP, GMAT and GRE. The MBA Colleges in Ahmedabad will then release their cut-off scores and the shortlisted candidates will then be called in for next round. Here are some of the most commonly accepted entrance examination by the top MBA colleges in Ahmedabad:

CAT (Common Admission Test)

  • Registration Date: August 1, 2024
  • Last Date: September 13, 2024
  • Exam Date: November 24, 2024

The Common Admission Test is a computerized test for admission to graduate management programs. The CAT exam is conducted in three phases in more than 170 cities across India. CAT focuses on general abilities (English, mathematics, computer interpretation and logical reasoning) which are the core areas tested in most competitive exams.

XAT (Xavier Aptitude Test)

  • Registration Date: 15 Jul 2024
  • Last Date: 30 Nov 2024
  • Exam Date: 5 Jan 2025

XLRI conducts XAT for XAMI and XAT Fellows for admission to PGDM and MBA programs. XAT 2025 will be conducted in one session. The XAT test is meant to evaluate the quantitative, verbal and reading skills, decision making and writing skills of the candidates.

NMAT (Narsee Monjee Aptitude Test)

  • Registration Date: 1st August 2024
  • Last Date: October 10 2024
  • Exam Date: 5th November to 20th December 2024

NMAT is one of India's main entrance exams for higher education in business administration, accepted by many colleges abroad. NMAT or NMAT by GMAC is a national level entrance exam for MBA admission in NMIMS University and other reputed business schools in India and abroad.

CMAT (Common Management Admission Test)

  • Registration Date: Second week of March 2025
  • Last Date: Third week of April 2025
  • Exam Date: Second week of May 2025

CMAT 2025 is one of the most important MBA entrance exams for admission to AICTE-approved MBA/PGDM colleges. The Common Entrance Test of Management is an online computer-based test conducted by the National Testing Agency of India. The CMAT is a three-hour computer-based test conducted to assess a candidate's ability.

Top 10 Private MBA Colleges in Ahmedabad

The private MBA colleges in Ahmedabad offer management degrees that can open doors to a variety of career opportunities at a high-quality business school that is essential for strong academic and career goals. These private management colleges offer internships and live projects, for students to use their knowledge to help in a variety of specializations in finance, investment, marketing, data processing and product development. Here are the top 10 best MBA colleges in Ahmedabad that are privately owned along with the program fees:

S.No

Institute Name

Fees

1

MICA, Ahmedabad, Gujarat

INR 23,00,000 (total fees)

2

Institute of Management, Nirma University, Ahmedabad, Gujarat

INR 6,31,800 (1st Year Fees)

3

Shanti Business School - [SBS], Ahmedabad, Gujarat

 INR 4,05,000 (1st Year Fees)

4

Narayana Business School - [NBS], Ahmedabad, Gujarat

INR 7,95,000 (total fees)

5

ICFAI Business School - [IBS], Ahmedabad, Gujarat

INR 9,09,000 (total fees)

6

St. Kabir Institute of Professional Studies - [SKIPS], Ahmedabad, Gujarat

INR 5,45,400 (total fees)

7

L.J. Institute of Management Studies - [LJIMS], Ahmedabad, Gujarat

INR 95,000 (1st Year Fees)

8

Silver Oak University, Ahmedabad, Gujarat

INR 2,50,000 (1st Year Fees)

9

GLS University, Ahmedabad, Gujarat 

INR 1,34,506 (1st Year Fees)

10

Indus University, Institute of Management Studies - [IIMS], Ahmedabad, Gujarat

INR 84,000 (1st Year Fees)

Top 10 Government MBA Colleges in Ahmedabad

With an emphasis on quality education, talented professionals, industry connections and affordable tuition fees, the Government MBA Colleges in Ahmedabad provide a great opportunity for students who want to pursue their MBA degree. The top Government MBA Colleges in Ahmedabad are some of the most renowned institutes that are approved by UGC, PCI and COA. Some of the government MBA colleges in Ahmedabad without entrance exams accept students based on the merit scores of the students along with high Return on Investment. Here are some of the top colleges in Ahmedabad for MBA that are government-owned along with their program fees:

S.No

Institute Name

Fees

1

IIMA - Indian Institute of Management, Ahmedabad, Gujarat

INR 25,00,000 (total fees)

2

Gujarat University - [GU], Ahmedabad, Gujarat

INR 60,000 (1st Year Fees)

3

Gujarat Technological University - [GTU], Ahmedabad, Gujarat

INR 26,250 (1st Year Fees)

4

Institute of Hotel Management - [IHM], Ahmedabad, Gujarat

INR 95,120 (1st Year Fees)

5

Dr Babasaheb Ambedkar Open University - [BAOU], Ahmedabad, Gujarat 

INR 15,000 (1st Year Fees)

6

National Institute of Pharmaceutical Education And Research - [NIPER-A], Ahmedabad, Gujarat

INR 2,86,212 (1st Year Fees)

7

BK School of Business Management, Gujarat University, Ahmedabad

INR 24,000 (total fees)

Cut-off For Top MBA Colleges in Ahmedabad

Colleges in Ahmedabad for MBA accept multiple national-level entrance examinations like CAT, MAT, XAT, CMAT and more. Ahmedabad Best MBA College releases certain cut-off scores and the candidates gaining the valid scores shall be granted admission. The Ahmedabad University MBA cut-off range may vary differently from university to university. Here are some of the Ahmedabad MBA top colleges list along with their cut-off percentile:

S.No

Institute Name

Cut-off Percentile

1

Indian Institute of Management, Ahmedabad (IIMA)

98-99

2

MICA Ahmedabad

80-85

3

Institute of Management, Nirma University (IMNU), Ahmedabad

75-80

4

Entrepreneurship Development Institute of India - EDII Ahmedabad

70-75

5

Amrut Mody School of Management (AMSoM) - University of Ahmedabad

70-75

6

Adani Institute of Infrastructure Management (AIIM) Ahmedabad

65-70

Low Fees Structure For Top MBA Colleges in Ahmedabad

Most of the best colleges in Ahmedabad for MBA have a high range of tuition fees but there are some low fees colleges for MBA in Ahmedabad. The average cost for the colleges for an MBA in Ahmedabad can range between INR 10,000 to INR 1,00,000. The MBA institutes offering low-fee structures are aimed at bringing eligible students to pursue higher education regardless of their ability to pay. Here is an MBA colleges in Ahmedabad list which are known for offering good quality education at low tuition fee structure:

S.No

MBA Institutes

Low Program Fees

1

Gujarat Vidyapith, Ahmedabad

INR 14,000

2

BK School of Business Management, Gujarat University, Ahmedabad

INR 24,000

3

BAOU Ahmedabad - Dr Babasaheb Ambedkar Open University, Ahmedabad

INR 24,000

4

Graduate School of Management Studies, Gujarat Technological University, Ahmedabad

INR 50,000

5

GLS University, Ahmedabad

INR 95,000

6

SAL Institute of Management, Ahmedabad

INR 1,30,000

7

L J Institute of Management Studies, Ahmedabad

INR 1,32,000

8

RB Institute of Management Studies, Ahmedabad

INR 1,42,000

9

Rai University, Ahmedabad

INR 1,40,000

10

Indus Institute of Management Studies, Ahmedabad

INR 1,70,000

Placements for Top MBA Colleges in Ahmedabad

Placements are the key features of every institute that has a high or affordable fee structure. The Ahmedabad MBA government college and private ones both offer high placement opportunities to candidates. Ahmedabad top MBA colleges have affordable placement ranging between INR 34,00,000 to INR 5,00,000. The MBA top colleges in Ahmedabad have their tie-ups with some of the most renowned companies like Amazon, Accenture Strategy, Bain & Company, Boston Consulting Group, (BCG), J P Morgan, Morgan Stanley, McKinsey & Company, Godrej, Airtel, ITC, Bisleri, TATA, Gartner, Barclays, Capgemini, and more. Here are some of the best colleges in Ahmedabad for MBA along with the highest and average packages along with their top recruiters.

S. No

Institute Name

Highest Package

Average Package

Top Recruiters

1

IIMA - Indian Institute of Management, Ahmedabad, Gujarat

INR 1,15,00,000

INR 34,45,000

Abhinandan Lodha, Bluestone, Crompton Greaves, DE Shaw, Diageo, Elevation Capital, GDi Partners, HDFC Bank, and more.

2

MICA, Ahmedabad, Gujarat

INR 36,00,000

INR 19,21,000

Cognizant, Flipkart, ICICI Bank, Microsoft, Royal Enfield, Deloitte, Gartner, Wipro, Paytm, Coca-Cola, Dalmia Group, Google and Tata AIA Life Insurance.

3

Institute of Management, Nirma University, Ahmedabad, Gujarat

INR 30,00,000

INR 19,21,000

Balmer Lawrie, Hero, Morgan Stanley, BNY Mellon, Arcesium, Bank of America, Havells, Capgemini, JP Morgan, and more.

4

Gujarat University - [GU], Ahmedabad, Gujarat

INR 8,55,000

INR 13,58,000

TCS, Godrej, HDFC bank, ICICI prudential, etc.

5

Shanti Business School - [SBS], Ahmedabad, Gujarat

INR 16,12,000

INR 8,65,000

HUL, MRF, Asian Paints, ICICI Bank, S&P Global, etc.

6

Narayana Business School - [NBS], Ahmedabad, Gujarat

INR 32,00,000

INR 8,20,000

Deloitte, Genpact, Vodafone, Amazon, RBL Bank, etc.

7

ICFAI Business School - [IBS],  Ahmedabad, Gujarat

INR 7,79,000

INR 12,00,000

Amul, HDFC, Jaro, ITC, Bandhan Bank, Hinduja Leyland Finance, etc.

8

St. Kabir Institute of Professional Studies - [SKIPS], Ahmedabad, Gujarat

INR 13,50,000

INR 5,50,000

Federal Bank, Synoptek, IDFC First Bank, Hindware, Nestle,

9

L.J. Institute of Management Studies - [LJIMS], Ahmedabad, Gujarat

INR 34,00,000

INR 5,00,000 - INR 9,00,000

NA

10

Silver Oak University, Ahmedabad, Gujarat

INR 13,00,000

INR 2,20,000

BYJU'S, Jaro Education, Wipro, Face, Toppr, Epam, Reliance, and more. 

ROI for Top MBA Colleges in Ahmedabad

MBA top colleges in Ahmedabad help students to increase their career or careers due to the high return on investment and a wide range of careers in business administration and management. This makes it easy for the student to choose a college based on their needs and preferences and helps them choose the best college in Ahmedabad for MBA. Here is the ROI list of some of the top MBA college in Ahmedabad:

S. No

Institute Name

Program Fees

Average Package

1

IIMA - Indian Institute of Management, Ahmedabad, Gujarat

INR 25,00,000 (total fees)

INR 34,45,000

2

MICA, Ahmedabad, Gujarat

INR 23,00,000  (total fees)

INR 19,21,000

3

Institute of Management, Nirma University, Ahmedabad, Gujarat

INR 6,31,800 (1st Year Fees)

INR 19,21,000

4

Gujarat University - [GU], Ahmedabad, Gujarat

INR 60,000 (1st Year Fees)

INR 13,58,000

5

Shanti Business School - [SBS], Ahmedabad, Gujarat

INR 4,05,000 (1st Year Fees)

INR 8,65,000

Comparison of MBA Colleges in Ahmedabad

There are different types of top colleges for MBA in Ahmedabad like private and public management institutes. MBA best college in Ahmedabad comparison aims to provide the best comparison of institutions in terms of factors such as campus, location, fees, rank etc. Here is a comparison table of the MICA, Ahmedabad, Gujarat and IIMA, Ahmedabad, Gujarat:

Colleges

MICA, Ahmedabad, Gujarat

IIMA - Indian Institute of Management, Ahmedabad, Gujarat

About

MICA Ahmedabad is located in Shela, Ahmedabad and was established in 1991. MICA Ahmedabad offers undergraduate and PhD courses. Admission to PGDM courses is based on CAT/XAT/GMAT scores. This institute is approved/accredited by AICTE and AIU.

Established on 11 December 1961, IIMA became the leader in management education in India and has maintained it ever since. IIM A offers UG, PG, PhD and other courses to students. This property is EQUIS certified. IIM Ahmedabad is one of the best colleges in the MBA category by NIRF in India.

Type

Private

Public/Government

NIRF ranking

32th

1st

Infrastructure

19 acres

102 acres

Fees

INR 23,00,000 (total fees)

INR 25,00,000 (total fees)

Placement Package

INR 19,21,000

INR 34,45,000

FAQ (Frequently Asked Questions).


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