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.
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.
Parameters | Statistics |
No. of top Private MBA Colleges | 60+ |
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 Specializations | Sales 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 Name | NIRF 2021 | NIRF 2022 | NIRF 2023 |
Xavier School of Management (XLRI) | 8 | 8 | 9 |
Management Development Institute (MDI) | 11 | 13 | 13 |
Symbiosis Institute of Business Management | 20 | 17 | 17 |
S. P. Jain Institute of Management & Research | 19 | 21 | 20 |
SVKM`s Narsee Monjee Institute of Management Studies | 22 | 25 | 21 |
Amity University | 29 | 28 | 28 |
International Management Institute, New Delhi | 26 | 30 | 34 |
Great Lakes Institute of Management | 24 | 31 | 31 |
ICFAI Foundation for Higher Education, Hyderabad | 27 | 32 | 40 |
Lovely Professional University (LPU) | 37 | 34 | 32 |
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:
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 Name | Dates |
CAT Exam 2024 | Nov '24 |
MAT CBT Exam 2024 | 26 May '24 |
XAT Exam 2024 | Completed |
CMAT Exam 2024 | Completed |
Entrance exams accepted by leading Private MBA Colleges in India include:
Exams | Number of Colleges |
CAT | 48 |
XAT | 43 |
CMAT | 33 |
MAT | 26 |
NMAT | 10 |
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 Name | Total Tuition Fee/Seat Intake | Entrance 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 Admission | INR 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 Colleges | NIRF 2023 | Total Tuition Fee |
MDI Gurgaon | 13 | INR 26 lakh |
Amity University Noida | 28 | INR 6 lakh |
IMI New Delhi | 34 | INR 21 lakh |
IMT Ghaziabad | 38 | INR 21 lakh |
The table lists Maharashtra's leading private MBA colleges, detailing their NIRF Ranking for 2023 alongside total tuition fees.
Top Colleges | NIRF 2023 | Total Tuition Fee |
SIBM Pune | 17 | INR 24 lakh |
SPJIMR Mumbai | 20 | INR 24 lakh |
K J Somaiya Institute of Management | 45 | INR 17 lakh |
Prin. L. N. Welingkar Institute of Management Development and Research | 73 | INR 14 lakh |
Below is a table presenting the top private MBA colleges in Karnataka for 2023 according to their NIRF ranking and total tuition fees:
Top Colleges | NIRF 2023 | Total Tuition Fee |
TAPMI Manipal | 42 | INR 17 lakh |
Christ University | 60 | INR 9 lakh |
Alliance School of Business | 87 | INR 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 Name | Total Course Fee | Average Annual Package |
XLRI MBA | INR 29 lakh | INR 30 LPA |
MDI MBA | INR 26 lakh | INR 27 LPA |
Symbiosis Institute of Business Management MBA | INR 24 lakh | INR 24 LPA |
S. P. Jain Institute of Management & Research MBA | INR 24 lakh | INR 32 LPA |
International Management Institute, New Delhi MBA | INR 21 lakh | INR 14 LPA |
Great Lakes Institute of Management MBA | INR 9 lakh | INR 11 LPA |
NOTE: The 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 Name | Annual Placement Package | Top Recruiters |
XLRI Placements | INR 30 LPA | Amazon, PricewaterhouseCoopers, Boston Consulting Group |
MDI Placements | INR 27 LPA | Asian Paints, Infoedge India Limited, Axis Bank, Microsoft |
Symbiosis Institute of Business Management Placements | INR 24 LPA | EY, Accenture, Google, Wipro, Flipkart, PwC, Jio, Infoedge, TATA Consumer Products |
S. P. Jain Institute of Management & Research Placements | INR 32 LPA | Amazon, Flipkart, Tata, Goldman Sachs, Paytm, Microsoft, Info Edge |
International Management Institute, New Delhi Placements | INR 14 LPA | Bank of America, Barclays, Flipkart, IndiaMART, Deloitte, KPMG |
Great Lakes Institute of Management Placements | INR 11 LPA | Bain, 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 Colleges | Total Tuition Fee |
UPES | INR 1.50 lakh |
IFHE Hyderabad | INR 1.80 lakh |
PSGCT Coimbatore | INR 35,000 |
SKCET | INR 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 Specialisations | Number of Colleges |
Sales & Marketing | 46 |
Finance | 45 |
Human Resources | 44 |
Operations | 37 |
IT & Systems | 21 |
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