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

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Update at Jul 12, 2024, 3:32 am

Gujarat has a wide range of 220 top MBA colleges, including 186 of them owned by private owners as well as 34 associated with public or state - owned organizations as well as 2 owned jointly by private and public institutions. The best MBA Colleges in Gujarat, take into account admissions tests such as CAT, 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

The top MBA colleges in Gujarat offer a 2 - year PG professional degree program that is further divided into 4 semesters offering expertise in the field of management and business administration. There are a total of 220 MBA colleges in Gujarat out of which 186 are private institutes and 34 are government-owned institutes. The MBA colleges in Gujarat admit students based on the entrance exams accepted by universities like CAT, MAT, XAT, and CMAT. The fee range of the MBA colleges in Gujarat is quite affordable and can also go as high as INR 5,00,000.

Here are some of the key highlights related to the top MBA colleges in Gujarat:-

Total Number of MBA Colleges

220

Private

186 Colleges

Government

34 Colleges

Colleges Associate

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

Exams

  • CAT
  • XAT
  • MAT
  • ATMA
  • CMAT

Specialties 

  • General Management
  • Financial Services
  • Retail Management Hospital Administration
  • Human Resource Management

Annual Fees

INR 1,00,000 - INR 5,00,000

Top 10 MBA Colleges in Gujarat 2024

The Masters in Business Administration (MBA ) program is a two - year master's degree program that offers students specializations like General Management, Financial Services, Retail Management, Hospital Administration and Human Resource Management. In an MBA course, the students learn various topics related to management and business administration. The Top 10 MBA colleges in Gujarat are inspected based on various parameters like quality of education, admissions, infrastructure, faculty, placement, etc. Here are some of the top MBA colleges with other related information.

S.No

MBA Colleges / University

Category

Exams Accepted for Entrance

1

Indian Institute of Management

Government

  • CAT
  • GMAT

2

Mudra Institute of Communications, Ahmedabad (MICA)

Autonomous
  • CAT
  • XAT
  • GMAT
  • MICAT

3

Institute of Rural Management Anand

Private

  • CAT
  • GMAT

4

Nirma University

Private

  • CAT
  • GMAT

5

Pandit Deendayal Energy University

Private

  • CAT
  • XAT
  • NMAT

6

Gujarat University

Government

  • CMAT
  • Gujarat Common Entrance Test (GCET)

7

Parul University, Vadodara

Private

  • Based on General Eligibility

8

Narayana Business School

Private

  • Qualifying Marks in Graduation (for MBA)
  • NBSAT
  • GDM

9

ICFAI Business School, Ahmedabad

Private

  • IBSAT
  • CAT
  • NMAT
  • GMAT
  • SNAP
  • XAT
  • MAT

10

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

Private

  • CMAT

Best Ranking For Top 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

1

IIM Ahmedabad

1

1

1

2

MICA

42

42

37

3

IRM Anand

58

58

54

4

Nirma University

-

-

61

5

PDEU

73

89

94

6

Gujarat University

43

99

61

7

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

-

-

87

Eligibility Criteria for top MBA Colleges in Gujarat 2024

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.

Admission Process for Top MBA Colleges in Gujarat 2024

The Best MBA Colleges in Gujarat conduct online entrance exams such as CAT, MAT, CMAT, etc before admitting students for their Master in Business Administration degree (MBA). The admission process is conducted online through the university’s official website and the candidates get selected by gaining a valid score in the accepted entrance exam. The admission process for the Best MBA College in Gujarat can be achieved by following the steps below:

  • Appear for the accepted MBA entrance exam (if any).
  • Visit the required university’s official site.
  • Register and log in to the panel.
  • Click the admission form link and enter all the required details.
  • Scan and upload the required documents along with recent photographs and signatures.
  • Check all the required details and submit the form.
  • Pay the admission application form fees.
  • Download and print the submitted application form for future reference.

Popular Entrance Exams for Top MBA Colleges in Gujarat 2024

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 of 2024
  • Last Date: 20 September 2024
  • Exam Date: November 24, 2024

Conducted as an online test, CAT serves as the gateway for admission to numerous postgraduate and fellow programs 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
  • Last Date: 19 May 2024
  • Exam Date: December 17, 2024

The All India Management Association (AIMA) organizes 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
  • Last Date: April 18th 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.

Private MBA Colleges in Gujarat 2024

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 2,30,000 

2

Institute of Rural Management Anand

INR 1,60,000

3

Pandit Deendayal Energy University (PDEU)

INR 9,00,000

4

Nirma University

INR 9,00,000

5

ICFAI Business School, Ahmedabad (IBS)

INR 9,00,000

Government MBA Colleges in Gujarat 2024

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

Government College Name

Fees

1

Indian Institute of Management (IIM), Ahmedabad

INR 25,00,000

2

 Entrepreneurship Development Institute of India (EDII) 

INR 11,00,000

3

Sardar Patel University

INR 2,00,000

4

Maharaja Sayajirao University of Baroda

INR 90,000

5

Maharaja Krishnakumarsinhji Bhavnagar University

 INR 84,000 

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 25,00,000

CAT

2

MICA

INR 23,00,000

 CAT / XAT / MICAT 

3

Institute of Management, Nirma University

 INR 9,00,000 - INR 20,00,000

CAT

4

Silver Oak University

INR 2,00,000

CAT

Which MBA Colleges Are the Best Ones 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 9,00,000

CAT / MAT / XAT

2

National Forensic Sciences University

INR 2,00,000 - INR 5,00,000

CAT

3

Entrepreneurship Development Institute of India

INR 4,00,000 - INR 11,00,000

CAT / MAT / XAT

4

Kadi Sarva Vishwavidyalaya

INR 2,00,000

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 1,00,000 - INR 4,00,000

CAT

2

MSU

INR 1,00,000

CAT

3

ITM Vocational University

INR 4,00,000

CAT / MAT / XAT

4

Navrachana University

INR 2,00,000

CAT / CMAT

Finding Top MBA Colleges in Gujarat Based on Location 2024

Multiple MBA colleges in Gujarat offered by the top institutes are located all around the state and share different locations. These MBA colleges in Gujarat provide the same quality education and the required facilities to help students during their course of study. Here is the list of some of the top MBA colleges in Gujarat based on different locations.

S.No

Locations

Number of Colleges

Name of Colleges

1

Abrams

1
  • Noble Group Of Institutions [NGI]

2

Ahmedabad

58

3

Anand

4

4

BardolI

2

5

Bharuch

1
  • Swami Sarvanand Institute Of Management & Technology

6

Bhavnagar

1

7

Bhuj

1

8

Dadara

1

9

 Gandhinagar 

12

10

Himatnagar

3

11

Jamnagar

2

12

Junagadh

3

13

Kadi

1

14

Kalol

2

15

Kheda

1

16

Mehsana

2

17

Nadiad

1

18

Navsari

1

19

Porbandar

1

20

Rajkot

11

21

Rajpipla

1

22

Siddhapur

2

23

Sidhpur

1

24

Surat

10

25

Vadodara

18

26

Valsad

2

27

Vidyanagar

2

28

Visnagar

2

29

Wadhwan

1

Placement For Top MBA Colleges in Gujarat 2024

Most of the top MBA colleges have high fee structures which is the concern of the majority of the students. These MBA institutes also offer high placement opportunities along with internship opportunities, training sessions, seminars and more. The highest placement package offered by the MBA colleges in Gujarat is INR 13,58,000 and the average package was INR 9,83,000. These MBA colleges in Gujarat have their tie-ups with some of the top recruiting companies and industries. Here is the placement record of some of the best MBA colleges in Gujarat along with their additional details.

S.No

Colleges

Highest Package

Average Package

Top Recruiters

1

Indian Institute of Management

INR 1,08,000

INR 35,68,000

  • Accenture and Boston Consulting Group
  • EY
  • Nestle
  • BCG
  • Bain & Company

2

Mudra Institute of Communications

INR 36,00,000

INR 20,09,000

  • L'Oreal
  • ITC
  • Mahindra Group
  • Microsoft
  • The Coca-Cola Company

3

Institute of Rural Management Anand

INR 31,16,000

INR 14,14,000

  • HDFC
  • Ergo
  • Fullerton India
  • IBM
  • Axis Bank
  • BAIF

4

Nirma University

INR 88,20,000

INR 7,00,000

  • ZS
  • Micron
  • Deloitte
  • Reliance
  • Adverb Technologies
  • Oracle

5

Pandit Deendayal Energy University

INR 23,61,000

INR 6,50,000

  • JP Morgan Chase
  • Goldman Sachs
  • Jio Platforms
  • Fello Technologies
  • Infosys
  • Shell

6

Gujarat University

INR 13,98,000

INR 9,83,000

  • Trident Financials
  • Infosys
  • Federal Bank
  • Kotak Mahindra Bank
  • Amazon

7

Parul University, Vadodara

INR 46,00,000

INR 4,50,000

  • Apple
  • Tesla
  • Amazon
  • Google
  • Meta
  • TC
  • Adobe

8

Narayana Business School

INR 32,00,000

INR 8,20,000

  • Deloitte
  • Genpact
  • Vodafone
  • Amazon
  • RBL Bank
  • Tata AIG

9

Icfai Business School, Ahmedabad

INR 13,00,000

INR 7,30,000

  • ICICI Bank
  • HDFC Bank
  • Coca Cola
  • CSB Bank Ltd
  • Khimji Ramdas India Pvt Ltd

10

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

INR 6,06,000

INR 1,08,000

  • Kotak Mahindra Bank Ltd
  • Mansukh Securities & Finance Ltd
  •  Alembic Pharmaceuticals
  • Torrent
  • Pepsico Holdings

(ROI) For Best MBA Colleges in Gujarat 2024

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 15,00,000

1

2

Institute of Management Nirma University

INR 5,48,000

INR 12,02,000

2

3

IIM Ahmedabad

INR 15,00,000

INR 34,36,000

3

4

MICA Ahmedabad

INR 10,50,000

INR 20,00,000

4

5

Amrut Mody School Of Management

INR 2,60,000

INR 4,25,000

4

FAQ (Frequently Asked Questions).


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