Private Colleges In India

Top Private MBA Colleges in India 2024: Rankings, Fees, Admissions, Courses and Placements

In India, there are over 60 top private MBA colleges that accept entrance exams such as CAT, XAT, CMAT, and MAT. Among the distinguished institutions are XLRI, MDI, and Symbiosis Institute of Business Management. According to the 2023 NIRF rankings, Xavier School of Management (XLRI) emerged as the top private MBA college in India. Other notable institutions include MDI Gurgaon, SIBM Pune, SPJIMR, Amity University Noida, Great Lakes Institute of Management Chennai, LPU, GIM, IMI New Delhi, among others.

  • According to NIRF 2023 rankings, XLRI is the top-ranked private MBA college in India, followed by MDI Gurgaon and SIBM Pune.
  • PSGCT Coimbatore boasts the lowest total tuition fee among these institutions, priced at just INR 35,000.
  • XLRI Xavier School of Management reported the highest placement package offered at INR 30 LPA. 

Highlights of Top Private MBA Colleges in India 2024

The Master of Business Administration (MBA) is a highly coveted postgraduate program offering abundant corporate job opportunities. It attracts students from diverse academic backgrounds such as humanities, business, and sciences. The typical MBA spans two years, structured into four semesters. Some private MBA programs also provide shorter PGDM courses lasting one year.

Explore essential attributes of top private MBA colleges in India. This overview aids in making informed decisions for college selection.

ParametersStatistics
No. of top Private MBA Colleges60+
Annual Fees

INR < 1 lakh: 2 College

INR 1-2 lakh: 2 College

INR 2-3 lakh: 3 College

INR 3-5 lakh: 2 Colleges

INR > 5 lakh: 54 Colleges

Top SpecializationsSales and Marketing, Finance, Human Resources, Operations, IT and Systems
Accepted Entrance Exams

CAT

XAT

CMAT

MAT

NOTE: This information is sourced from the official website and may differ. 

Top Private MBA Colleges in India: NIRF Ranking 2023

Each year, the NIRF rankings are released based on comprehensive data collected by the framework. These rankings are determined using five key factors: graduation outcomes, research and professional practices, teaching and learning resources, outreach and inclusivity, and perception of the institution's overall excellence.

Below is a list of the best private MBA colleges in India, ranked according to NIRF from 2021 to 2023:

College NameNIRF 2021NIRF 2022NIRF 2023
Xavier School of Management (XLRI)889
Management Development Institute (MDI)111313
Symbiosis Institute of Business Management201717
S. P. Jain Institute of Management & Research192120
SVKM`s Narsee Monjee Institute of Management Studies222521
Amity University292828
International Management Institute, New Delhi263034
Great Lakes Institute of Management243131
ICFAI Foundation for Higher Education, Hyderabad273240
Lovely Professional University (LPU)373432

NOTE: This information is sourced from the official website of the ranking body listed and may differ. 

Eligibility Criteria for Top Private MBA Colleges in India

Eligibility criteria for admission to the best private MBA colleges in India typically include:

  • Candidates must hold a bachelor's degree in any discipline or its equivalent from a recognized university.
  • Most institutes require a minimum aggregate score of 50% or equivalent CGPA in graduation. For candidates from reserved categories, the minimum aggregate is often relaxed to 45% or equivalent CGPA.
  • Admission is also based on performance in national-level entrance exams such as CAT, XAT, CMAT, MAT, among others, conducted by universities and colleges.

Top Private MBA Colleges in India: Exam Schedule for 2024

The most popular entrance exams accepted by top private MBA colleges in India include:

CAT: The Common Admission Test (CAT) is a national-level exam for admission to MBA courses offered by 20 IIMs and over 1,200 other B-schools in India. It consists of three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude.

XAT: Xavier Aptitude Test (XAT) is conducted by XLRI, Jamshedpur for admission to MBA/PGDM programmes. It is known for its challenging nature and includes four sections: Decision Making, Verbal Ability and Logical Reasoning, Quantitative Ability & Data Interpretation, and General Knowledge.

MAT: Management Aptitude Test (MAT) is conducted by AIMA and is accepted by many B-schools for MBA/PGDM admissions. MAT is held in multiple sessions across February, May, September, and December in various modes including Paper Based Test (PBT), Computer Based Test (CBT), and Internet Based Test (IBT). 

Exam NameDates
CAT Exam 2024Nov '24
MAT CBT Exam 202426 May '24
XAT Exam 2024Completed
CMAT Exam 2024Completed

 

Entrance exams accepted by leading Private MBA Colleges in India include:

ExamsNumber of Colleges
CAT48
XAT43
CMAT33
MAT26
NMAT10

 Top Private MBA Colleges in India: Tuition Fees and Eligibility

Below is a table listing the best private MBA colleges in India, along with their total tuition fees and eligibility criteria:

College NameTotal Tuition Fee/Seat IntakeEntrance Exam/Eligibility
Xavier School of Management Admission

INR 29 lakh

Seats: 1,310

Entrance Exams: CAT, XAT, GMAT

Class 12 with 50% aggregate

Management Development Institute Admission

INR 26 lakh

Seats: 750

Entrance Exam: CAT

Class 12 with 50% aggregate

Amity University Noida AdmissionINR 6 lakh

Entrance Exam: MAT, XAT, CAT, etc.

Class 12 with 60% aggregate

SPJIMR Mumbai Admission

INR 24 lakh

Seats: 916

Entrance Exam: CAT

Class 12 with 50% aggregate

LPU Admission

INR 8 lakh

Seats: 1,620

Entrance Exam: LPU NEST, MAT, XAT, etc.

Graduation with 55% aggregate

NOTE: This information is sourced from the official website/ sanctioning body and may differ. 

Top Private MBA Colleges in Delhi NCR 

Below is a table listing the top private MBA colleges in Delhi NCR, along with their NIRF Ranking 2023 and total tuition fees:

Top CollegesNIRF 2023Total Tuition Fee
MDI Gurgaon13INR 26 lakh
Amity University Noida28INR 6 lakh
IMI New Delhi34INR 21 lakh
IMT Ghaziabad38INR 21 lakh

Top Private MBA Colleges in Maharashtra

The table lists Maharashtra's leading private MBA colleges, detailing their NIRF Ranking for 2023 alongside total tuition fees.

Top CollegesNIRF 2023Total Tuition Fee
SIBM Pune17INR 24 lakh
SPJIMR Mumbai20INR 24 lakh
K J Somaiya Institute of Management45INR 17 lakh
Prin. L. N. Welingkar Institute of Management Development and Research73INR 14 lakh

Top Private MBA Colleges in Karnataka

Below is a table presenting the top private MBA colleges in Karnataka for 2023 according to their NIRF ranking and total tuition fees:

Top CollegesNIRF 2023Total Tuition Fee
TAPMI Manipal42INR 17 lakh
Christ University60INR 9 lakh
Alliance School of Business87INR 15 lakh

Return on Investment (ROI) of Leading Private MBA Colleges in India

Return on investment, or ROI, is the sum that students receive as a placement offer in return for investing a sizable sum of money to attend a college and complete a degree of study.

Among the top 10 private MBA colleges in India. The private MBA colleges in India with the total course fee and average annual package are listed below:

College NameTotal Course FeeAverage Annual Package
XLRI MBAINR 29 lakhINR 30 LPA
MDI MBAINR 26 lakhINR 27 LPA
Symbiosis Institute of Business Management MBAINR 24 lakhINR 24 LPA
S. P. Jain Institute of Management & Research MBAINR 24 lakhINR 32 LPA
International Management Institute, New Delhi MBAINR 21 lakhINR 14 LPA
Great Lakes Institute of Management MBAINR 9 lakhINR 11 LPA

NOTEThe above statistics are based on the latest data.

Top Private MBA Colleges in India with the Highest Salary Offers

Here is a list of top private MBA colleges in India, along with notable companies that recruit MBA graduates and their annual placement packages

College NameAnnual Placement PackageTop Recruiters
XLRI PlacementsINR 30 LPAAmazon, PricewaterhouseCoopers, Boston Consulting Group
MDI PlacementsINR 27 LPAAsian Paints, Infoedge India Limited, Axis Bank, Microsoft
Symbiosis Institute of Business Management PlacementsINR 24 LPAEY, Accenture, Google, Wipro, Flipkart, PwC, Jio, Infoedge, TATA Consumer Products
S. P. Jain Institute of Management & Research PlacementsINR 32 LPAAmazon, Flipkart, Tata, Goldman Sachs, Paytm, Microsoft, Info Edge
International Management Institute, New Delhi PlacementsINR 14 LPABank of America, Barclays, Flipkart, IndiaMART, Deloitte, KPMG
Great Lakes Institute of Management PlacementsINR 11 LPABain, Navis, Deloitte, Bristlecone, Optum, EY GDS, Cartesian Consulting

NOTE: This information is sourced from official website/ media reports/ NIRF website and may differ. 

Low-cost Top Private MBA Colleges in India

Attending top private MBA colleges in India can be quite costly, with tuition fees exceeding INR 5 lakh. Institutions like XLRI, MDI Gurgaon, SIBM Pune, SPJIMR Mumbai, and Amity University Noida are among those known for their high fees.

We've compiled a list of affordable private MBA colleges, including their total tuition fees.

Low-cost CollegesTotal Tuition Fee
UPESINR 1.50 lakh
IFHE HyderabadINR 1.80 lakh
PSGCT CoimbatoreINR 35,000
SKCETINR 41,000

Specializations Offered by Top Private MBA Colleges in India

In India, MBA programs are offered with various specializations. Consult the table below for a comprehensive overview of the top specializations available at private MBA colleges in India, along with the number of colleges offering each specialization:

Top SpecialisationsNumber of Colleges
Sales & Marketing46
Finance45
Human Resources44
Operations37
IT & Systems21



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