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

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Update at Feb 23, 2024, 2:17 am

Gujarat has a wide range of 187 top MBA colleges, including 135 of them owned by private owners as well as 24 associated with public or state-owned organizations as well as 2 owned jointly by private and public institutions. The best MBA college in Gujarat, take into account admissions tests such as CMAT, CMAT, MAT, and the XAT to be used to be able to admit students. The most well-known institutions include IIM Ahmedabad, MICA, the Institute of Rural Management, the ICFAI Business School (IBS), ITM Vocational University, and many more.

Top MBA Colleges in Gujarat- Highlights 2024

Number of MBA Colleges in Gujarat

210

College Types

Private- 186 Colleges Public/Government- 34 Colleges

Colleges associate with

AICTE (All India Institute of Technical Education) 
NAAC (National Assessment and Accreditation Council) 
UGC (University Grants Commission)

Admission processes

CAT, XAT, MAT, ATMA, CMAT, etc

Specialties 

General Management
Financial Services
Retail Management
Hospital Administration
Human Resource Management

Annual Fees

INR 1 lakh: 23 colleges
INR 1-2 lakh: 99 colleges 
INR 2-3 lakh: 25 colleges 
INR 3-5 lakh: 14 colleges 
INR 5 lakh: 22 colleges

Top 10 MBA Colleges in Gujarat in 2024

S.No

MBA Colleges / University

Category

NIRF Rank

City

Exams Accepted for Entrance

1

Indian Institute of Management

Government

1

Ahmedabad CAT / GMAT

2

Mudra Institute of Communications, Ahmedabad (MICA)

Autonomous

37

Ahmedabad CAT/ XAT/GMAT/(MICAT)

3

Institute of Rural Management Anand

Private

54

Anand CAT/GMAT

4

Nirma University

Private

61

Ahmedabad CAT/GMAT

5

Pandit Deendayal Energy University

Private

94

Gandhinagar CAT/XAT/NMAT

6

Gujarat University

Government

61

Ahmedabad CMAT, Gujarat Common Entrance Test (GCET)

7

Parul University, Vadodara

Private

NF

Vadodara Based on General Eligibility

8

Narayana Business School

Private

NF

Ahmedabad Qualifying Marks in Graduation (for MBA), NBSAT (for PGDM)

9

ICFAI Business School, Ahmedabad

Private

NF

Ahmedabad IBSAT/CAT/NMAT/GMAT/SNAP/XAT/MAT

10

S. V. Institute of Management (SVIM), Kadi

Private

87

Kadi CMAT

What is the top-ranked MBA College in Gujarat 2024?

The National Institutional Ranking Framework (NIRF) annually assesses and ranks higher education institutions in India, examining parameters like teaching, learning, research, graduation outcomes, and perception. These rankings offer a holistic evaluation across various disciplines, including MBA colleges. The following table presents the top MBA colleges in Gujarat, featuring their NIRF rankings over the past three years (2021-2023).

S.No

College Name

NIRF Ranking 2021

NIRF Ranking 2022

NIRF Ranking 2023

NIRF Ranking 2024

1

IIM Ahmedabad

1

1

1

NF

2

MICA

NF

42

37

NF

3

IRM Anand

58

58

54

NF

4

NITTE

NF

42

61

NF

5

PDEU

73

89

94

NF

Which Private MBA Colleges stand out as the Top ones in Gujarat?

Gujarat boasts numerous esteemed private MBA colleges, providing top-notch education and promising opportunities for aspiring business professionals. Notable among the 186 private institutions are Mudra Institute of Communications, Ahmedabad (MICA), Nirma University Institute of Management (NIRMA), and Adani Institute of Infrastructure Management (AIIM), Ahmedabad. These leading private colleges consistently excel in delivering quality education, fostering research, and maintaining high academic standards. The graph below visually represents the rising prominence and performance of private MBA colleges in Gujarat, underscoring their substantial impact on the educational landscape.

S.No

Private College Name

Fees

1

 Mudra Institute of Communications, Ahmedabad (MICA) 

  INR 23 L  

2

Institute of Rural Management Anand

INR 16 L

3

Pandit Deendayal Energy University (PDEU)

INR 9 L

4

Nirma University

INR 9 L

5

ICFAI Business School, Ahmedabad (IBS)

INR 9 L

 

Which Government MBA Colleges are considered the top ones in Gujarat?

Gujarat hosts several esteemed government MBA colleges, offering quality education and opportunities for aspiring business professionals. Among the 34 government institutions, some of the top names include the renowned Gujarat University, Sardar Patel University, and Maharaja Sayajirao University of Baroda. These institutions consistently uphold high standards in teaching, research, and overall academic excellence. The graph below illustrates the growing prominence and performance of government MBA colleges in Gujarat, showcasing their significant contribution to the educational landscape.

S.No

Private College Name

Fees

1

Indian Institute of Management (IIM),Ahmedabad

INR 25 L

2

 Entrepreneurship Development Institute of India (EDII) 

INR 11 L

3

Sardar Patel University

INR 2 L

4

Maharaja Sayajirao University of Baroda

INR 0.9 L

5

Maharaja Krishnakumarsinhji Bhavnagar University

 INR 0.84 L 

What is the process for securing admission to the top MBA colleges in Gujarat?

To gain admission to the finest MBA colleges in Gujarat, applicants typically need to meet the following general eligibility criteria:-

  • Possess a bachelor's degree or an equivalent qualification in any discipline from a recognized university or institution, with a minimum aggregate of 50%.

  • Many of these MBA colleges in Gujarat require candidates to submit scores from national-level entrance exams like CAT, CMAT, or MAT. Meeting the minimum cutoff scores specified by the respective colleges is essential.

Which Entrance Exams Do the Top MBA Colleges in Gujarat Generally Accept?

The graph provided below depicts the array of entrance exams accepted by the top MBA colleges in Gujarat.

1) Common Aptitude Test (CAT)

  • Registration Date: August first week 2024

  • Exam Date: November 24, 2024

Conducted as an online test, CAT serves as the gateway for admission to numerous postgraduate and fellow programmes offered by IIMs. It extends admissions to 20 IIMs and over 1000 B-schools across India.

2) Management Aptitude Test (MAT)

  • Registration Date: 3rd week of March 2024

  • Exam Date: December 17, 2024

The All India Management Association (AIMA) organises the Management Aptitude Test (MAT), a national-level MBA entrance exam held quarterly in February, May, September, and December.

3) Common Management Admission Test (CMAT)

  • Registration Last Date: First week of March 2024

  • Exam Date: April - May 2024

CMAT, the management exam administered by the National Testing Agency (NTA), commonly known as the Computer Based Common Management Admission Test, facilitates admissions to more than 1000 B-schools.

Which City in Gujarat is known for Hosting the Best MBA colleges?

The distribution of top MBA colleges in Gujarat is listed below, categorized by city.

Which MBA Colleges stand out as the Top ones in Ahmedabad?

Below is a table presenting the top MBA colleges in Ahmedabad, inclusive of their total tuition fees and accepted entrance exams:

S.No

College Name

Courses Fees

Entrance Exam

1

(IIM)Ahmedabad

INR 25 lakh

CAT

2

MICA

INR 23 lakh

 CAT, XAT, MICAT 

3

 Institute of Management, Nirma University 

 INR 9 lakh - INR 20 lakh 

CAT

4

Silver Oak University

INR 2 lakh

CAT

Which MBA Colleges Are the Best One in Gandhinagar?

The table below provides details about the top MBA Colleges in Gandhinagar and showcases their tuition charges and admissions exams that are accepted.

S.No

College Name

Courses Fees

Entrance Exam

1

SoM, Pandit Deendayal Energy University

INR 9 lakh

CAT, MAT, XAT, etc.

2

National Forensic Sciences University

INR 2 lakh - INR 5 lakh

CAT

3

Entrepreneurship Development Institute of India

INR 4 lakh - INR 11 lakh

CAT, MAT, XAT, etc.

4

Kadi Sarva Vishwavidyalaya

INR 2 lakh

CAT

Which MBA Colleges Are Considered to Be Among the Best in Vadodara?

This table presents the top MBA Colleges in Vadodara and the total tuition fees and the accepted entrance tests:-

S.No

College Name

Courses Fees

Entrance Exam

1

Parul University

INR 1 lakh - INR 4 lakh

CAT

2

MSU

INR 1 lakh

CAT

3

ITM Vocational University

INR 4 lakh

CAT, MAT, XAT, etc

4

Navrachana University

INR 2 lakh

CAT, CMAT, etc.

Finding Top MBA Colleges in Gujarat Based on Location

S.No

Locations

Number/Name of Colleges

1

Abrama

1 (Noble Group Of Institution [NGI])

2

Ahmedabad

58 (Infobit Technologies, Nirma University [NU] Gujarat, Institute Of Management, Nirma University Ahmedabad & etc.)

3

Anand

 4 (Charotar University Of Science And Technology [CHARUSAT] Anand, Indukaka Ipcowala Institute Of Management [I2IM] Anand, Anand Institute Of Management [AIM] Anand & etc.) 

4

BardolI

2 (Uka Tarsadia University Bardoli, Vidyabharti Trust College Of Master In Computer Application [VBTMCA] Bardoli

5

Bharuch

1 ( Swami Sarvanand Institute Of Management & Technology)

6

Bhavnagar

1( Maharaja Krishnakumarsinhji Bhavnagar University)

7

Bhuj

1 (Kachchh University [KSKVKU] Bhuj)

8

Dadara

 1 (Plastindia International University Dadara)

9

 Gandhinagar 

12 (Pandit Deendayal Energy University [PDEU] Gandhinagar, Institute Of Advanced Research [IAR] Gandhinagar, Gujarat Maritime University [GMU] Gandhinagar & etc.)

10

Himatnagar

 3 ( Grow More Faculty Of Management [GMFM] Himatnagar, Growmore Group Of Institutions Himatnagar, D L Patel Institute Of Management & Technology Himatnagar)

11

Jamnagar

2  (Shri Jaysukhlal Vadhar Institute Of Management Studies [JVIMS] Jamnagar, Param Institute Of Management & Research [PARAM IMR] Jamnagar)

12

Junagadh

3  (N.R. Vekaria Institute Of Business Management Studies [NRVIBMS] Jungadh, Narandas Jethalal Sonecha Management & Technical Institute [NJSMTI] Junagadh, Faculty Of Management, Noble Group Of Institution Junagadh)

13

Kadi

1 - S. V. Institute Of Management [SVIM] Kadi

14

Kalol

2 - Kalol Institute Of Management [KIM] Kalol, Kalol Institute And Research Center [KIRC] Kalol

15

Kheda

1 - R.H. Patel Institute Of Management Kheda

16

Mehsana

2 - Ganpat University [GUNI] Mehsana, V. M. Patel Institute Of Management [VMPIM] Mehsana

17

Nadiad

1 - Dharmsinh Desai University (DDU)

18

Navsari

1 - SS Agrawal Institute Of Management And Technology [SSAIMT] Navsari

19

Porbandar

1 - Dr. V.R. Godhania College Of Engineering & Technology [DRVRGCET] Porbandar

20

Rajkot

11 - Atmiya University Rajkot, Marwadi University [MU] Rajkot, RK University [RKU] Rajkot & etc.

21

Rajpipla

1 - Birsa Munda Tribal University Rajpipla

22

Siddhapur

2 - Gokul Global University [GGU] Sidhpur, Gokul Science & Commerce College Sidhpur

23

Sidhpur

1 - Golden Jubilee Institute Of Management And Technology [GJIMT] Sidhpur

24

Surat

10 - Auro University Surat, SR Luthra Institute Of Management [SRLIM] Surat, SRK Institute Of Management And Computer Education Surat & etc.

25

Vadodara

18 - Parul University, Vadodara, ITM Vocational University [ITMVU] Vadodara, Maharaja Sayajirao University Of Baroda [MSU] Vadodara & etc.

26

Valsad

2 - GIDC Rajju Shroff Rofel Institute Of Management Studies Valsad, Laxmi Vidyapeeth Valsad

27

Vidyanagar

2 - Sardar Patel University [SPU] Vidyanagar, Sankalchand Patel College Of Engineering [SPCE] Vidyanagar

28

Visnagar

2 - Manish Institute Of Management [MIM] Visnagar, Sankalchand Patel University [SPU] Visnagar

29

Wadhwan

1 - C.U. Shah College Of Engineering And Technology Wadhwan

Best MBA Colleges in Gujarat: Return on Investment (ROI)

When choosing a college, particularly in areas such as medicine and MBA, students usually consider the return on investment (ROI) to be a primary aspect. ROI can help determine the likelihood of earning a profit from particular courses and the length of time required to recoup the investment in terms of charges. Due to the high cost of fees at the top MBA schools, it has a significant influence on the ROI overall.

Calculating ROI entails looking at the average amount of a placement package against the average annual fee of the institution. The top MBA institutions in Gujarat, like IIM Ahmedabad and MICA Ahmedabad, are well-known for their top-quality placement packages that result in a high ROI. The table below outlines the best MBA schools in Gujarat that place a lot of focus on ROI (return on investment):-

S.No

College Name

Average Annual Fees

Average Placement Package

ROI Rank

1

Institute Of Rural Management - [IRMA], Anand

INR 7,58,550

INR 15 LPA

1

2

Institute of Management Nirma University

INR 5,48,000

INR 12.2 LPA

2

3

IIM Ahmedabad

INR 15,00,000

INR 34.36 LPA

3

4

MICA Ahmedabad

INR 10,50,000

INR 20 LPA

4

5

Amrut Mody School Of Management

INR 2,60,000

INR 4.25 LPA

4

 

FAQ (Frequently Asked Questions).


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