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Top 10 MBA colleges in India in 2020 – List by Government of India

Top 10 MBA colleges in India

MBA which is also known as Masters of Business Administration is one of the most popular courses in India as well as out of India. The diversity of jobs it produces after having a degree in it is one of the reasons why the course is so popular. Getting into the Top 10 MBA colleges in India also adds value to the degree and increases the chances of getting a good job post the course completion. The management degree is open for people from all walks of life – it does not matter if you are a humanities student or engineering student, you are welcomed in the course. In Masters of Business Administration or popularly known as MBA, you learn about management, conversation skills, leadership skills, risk management, develop an eye for detail, analytical thinking and the list goes on. These qualities are important for any business irrespective of its scale, big or small.

Management graduates are required in all company specialties and this makes this course a
recession-free and multi-domain profession. 

Here are the Top 10 MBA colleges in India according to the National Institutional Ranking

1.         IIM Ahmedabad

2.         IIM Bangalore

3.         IIM Calcutta

4.         IIM Lucknow

5.         IIT Kharagpur

6.         IIM Kozhikode

7.         IIM Indore

8.         Department of Management Studies (DMS), Delhi

9.         XLRI Xavier School of Management, Jamshedpur

10.       MDI, Gurgaon

Framework (NIRF) LINK

Let’s look at another recently published list by Outlook 

1. IIM Bangalore,  2. IIM Ahmedabad,  3.IIM Calcutta,  4. IIM Indore,
5. IIM Lucknow,  6. XLRI Xavier School of Management, Jamshedpur,  7. MDI Gurgaon,
8. IIM Kozhikode,  9. S.P Jain Institute of Management and Research (SPJIMR), Mumbai, 
10. IIM Trichy
REFERENCE LINK

 

If you check the survey list by any other company as well, the top colleges will almost remain the same. So let’s focus and understand a few pointers to know the Top 10 MBA colleges in India mentioned in the NIRF list

IIM Ahmedabad

About college

IIM-A is one of the best colleges in India located in Ahmedabad, Gujarat. In 2017, it has been given the status of the Institute of national importance by the Ministry of Human Resources, Government of India after 56 years of its establishment, that is, 1961. Recently, the institute launched IIM Ahmedabad Endowment Fund in June 2020 to make a larger impact in the field of education, entrepreneurial leadership, management practice, and public policy.

Campus

The campus is situated across 102 acres in Vastrapur, Ahmedabad. The best thing about the institute is its the Vikram Sarabhai Library, the R.J. Matthai Auditorium, the Louis Kahn Plaza, the International Management Development Centre, the Kasturbhai Lalbhai Management Development Centre, the Centre for Innovation, Incubation, and Entrepreneurship.

Nearby Places

Modhera sun temple, Lothal, Adalaj ki vav

Fees

The fees for the complete program is Approx INR 28,00,000

Events

The institute hosts 2 events, that is, Redbrick summit which is named after red brick walls because of which the campus is known for, and their cultural event, Chaos.

Placement

The minimum salary after passing out from IIM, Ahmedabad is Rs 16 Lakhs and the maximum salary is Rs 55 Lakhs.

IIM Bangalore

About college

It was founded in 1973 and was the third IIM in India. The motto of the institute is “tejasvi nāvadhītamastu” which translates to “Let our study be enlightening”. IIM Bangalore became the first IIM to award MBA degrees to postgraduate students instead of diploma in 2018.

Campus

The current campus is in Bannerghatta Road and spread in an area of over 100 acres in South Bangalore. It is admired for its all stone architecture and lush woods.

Nearby Places

Modhera sun temple, Lothal, Adalaj ki vav

Fees

The fees for the complete program is Approx Rs 21,00,000

Events

IIMB celebrates its foundation day on 28th October and the other events are Eximius which is the annual entrepreneurial summit. Ummad is a cultural festival of IIMB. Vista, Yamini, IIMBue, Women Leadership Summit are other events hosted by IIM, Bangalore.

Placement

The average salary offered to the students was Rs 26.18 Lakhs per annum

IIM Calcutta

About college

IIMC is a public business school located in Joka, Calcutta, West Bengal, and was the first IIM to be established and recognized as an institute of national importance by the government of India in 2017. The only business school to be a part of the CEMS Global Alliance in Management Education. 

Campus

The original campus of IIMC was covering the area of 135 acres in Joka, on the outskirts of Kolkata. In 1975, they moved to the campus they are currently operating from

Nearby Places

BAPS Shree Swaminarayan Mandir, Gurusaday Museum, Brotochari Gram,etc.

Fees

The program fees for 2021-22 is INR 27,00,000 which includes course material, books, accommodation, and economy airfare of study tours organized by IIMC

Events

Intaglio is an annual International business school summit hosted by IIMC. Carpe diem is a cultural festival that is held over 3 days and the Lattice is another annual business symposium.

Placement

The average salary offered was Rs 27.90 lakhs per annum.

IIM Lucknow

About college

It was the 4th IIM that was established in the country in 1984 and is recognized as an Institution of Excellence by India’s Ministry of Human resource development.

Campus

The main campus of the Lucknow is spread over 200 acres in Prabandh Nagar on the outskirts of Lucknow, UP. The distance of the campus from the railway station is 16 km and 25 km from the airport. IIML became the 1st IIM to have its second campus in Noida in 2005 with an area of 20 acres in sector 62, Noida.

Nearby Places

Rumi Darwaza, Chandrika Devi Temple, Husainabad clock tower, etc

Fees

The fees for the program is Approx Rs 19,25,000

Events

Manfest- Varschasva is the annual Sports, Business, and Cultural festival of IIM, Lucknow

Placement

The average salary offered to the students was Rs 24.25 lakhs per annum.

IIM Kharagpur

About college

It was established in 1951 and is a public technical and research university. It is the first IIT to be recognized as an Institute of national importance and in 2019 it was given the status of Institute of Eminence by the government of India. 

Campus

The campus is spread over 2100 acres and is a resident to about 22,000 people. There are 22 student hostels and covers 55 km of roadways.

Nearby Places

Digha beach, Haldia, Medinipore, Mukutmanipur, etc.

Fees

The fees for the complete program is Approx Rs 11 Lakhs

Events

Spring Fest is the annual cultural fest of IIT, Kharagpur and the Global entrepreneurship summit is the annual summit held by the college.

Placement

The average salary given to students is 18.1 lakh per annum.

IIM Kozhikode

About college

IIM, Kozhikode was established in 1996 by the Government of India in collaboration with the State Government of Kerala. In the list of IIMs in the country, it was the 15th to be established. In 2003, the campus shifted to its hill-top campus which was inaugurated by then-president, APJ Abdul Kalam.

Campus

Kozhikode is the 2nd largest city in Kerala and the campus is situated in Kunnamangalam. The hill-top campus is spread across two hills which are also part of Western Ghats. The area of the campus is 111 acres and the main source of the water is rain-water harvesting. It has 17 hostels which are required by the students who want to stay on campus.

Nearby Places

Thikkoti lighthouse, Tusharagiri waterfall, Beypore, etc.

Fees

The fees for the complete program is Approx Rs 10,00,000

Events

Echoes are the annual cultural festival of IIM Kozhikode, along with Backwaters which is an annual business summit.

Placement

The average salary offered to the student is Rs 23.08 lakhs per annum.

IIM Indore

About college

IIM Indore is the 6th edition in the IIMs and was established in 1996. It was recognized as the institute of national importance by the Government of India in 2017. The institute was awarded for the first time in 1999 with the “World Strategy Forum” at Nehru Centre, Mumbai. In 2011, IIM Indore launched its 5-year integrated program in management (IPM). IIM Indore is the 2nd IIM in the nation to receive triple accreditations.

Campus

The first IIM to have started its operations outside India. It started its operations in Ras al-Khaimah (UAE) in 2011 and then in 2013, it shifted from Ras al-Khaimah to Dubai. And in 2014, It shut down its UAE campus. It also has its campus in Mumbai, the city with no other IIMs. The current campus covers 190 acres of land.

Nearby Places

Rajwada Palace, Lal Bagh Palace, Bada Ganpati, Kanch Mandir, etc.

Fees

The fees for the complete program is Approx Rs 16,50,000

Events

Atharv is the cultural fest that IIM Indore hosts. i5 summit, Rangbhoomi, Udaan, IRIS, Utsaha are some other events that IIM Indore proudly boasts.

Placement

The average salary that students got placed in is Rs 20.79 lakhs per annum.

Department of Management Studies (DMS), IIT, Delhi

About college

The Department of Management studies which is also known as DMS is the management education and research department in IIT Delhi. The department was introduced in 1933 that offers a full-time MBA program. MBA in IIT, Delhi is created to keep in mind the changes in the business environment and the need of the industry.

Campus

The Department of Management studies is in IIT, Delhi which is located in Hauz Khas, South Delhi. It is spread over 325 acres of land. There is a total of 13 hostels on the campus. The campus gives a look of the city which has its own garden lawns, residential complexes, and wide roads. It also has its own water supply, backup electricity supply, and shopping complexes to cater to the daily needs of the residents.

Nearby Places

Hauz Khas, Cyber hub, Cannaught place, etc

Fees

The fees for the complete program is Approx Rs. 9.60 Lakhs

Events

Rendezvous is the annual cultural event of IIT, Delhi. Parivartan is yet another event that the Department of Management Studies proudly hosts.

Placement

The average salary students are offered is Rs 18.47 Lakhs

XLRI Xavier School of Management, Jamshedpur

About college

It is a private business school run by the Society of Jesus in Jamshedpur, Jharkhand, India. It was established in 1959 and is one of the oldest business schools. The institute offers MBA in various categories and takes admission via XAT which is also known as Xavier Aptitude Test. CAT scores are not considered fr the admission, only XAT, and GMAT.

Campus

The location of the campus is also known as Itanagar. Jamshedpur is also popularly known as the steel city of India.

Nearby Places

Dimna Lake, Jubilee Park, Dalma hills, etc

Fees

The fees of PGDM (GM) is Rs 20.95 lakhs

Events

It has its annual Business school fest Valhalla. And there are other cultural, leadership and sports festival which is known as Xlerate.

Placement

The average salary students were offered was Rs Rs 24.30 lakhs

MDI Gurgaon

About college

MDI Gurgaon which is also known as Management Development Institute was established in 1973 by the Finance Co-operation of India which proudly boasts the title of one of the best B-schools in the country.

Campus

The campus is spread over an area of 37 acres in Gurgaon. The distance of the campus from Indra Gandhi International Airport is just 12 km which makes the connectivity easy.

Nearby Places

Cyber Hub, Bangla saheb, Hauz Khas, etc

Fees

The fees for the complete program (PGPM) is Rs 21,34,000 lakhs

Events

Delphique is the annual national management convention of the MDI. The other events include Imperium, Urban Illumina, Akshayam.

Placement

The average salary students get after passing out from MDI is Rs 20.03 lakhs

Here we end our list of Top 10 MBA colleges in India according to the National Institutional Ranking Framework (NIRF).

Hope this will help you. Please don’t mind sharing the same with your fellow students.

Thank you!

We also have mentioned “Some things you should know before giving CAT 2020” Make sure you check that blog as well. There are lot of useful information in that one specially for first timers.