Top 20 MBA Colleges in India Based on 2022 Ranking

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Ahana Bhaduri Senior Content Specialist

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Top MBA colleges in India include the top IIM colleges and some other best BSchools in India.  India is home to more than 6500 MBA Colleges catering to more than 3 lakh MBA aspirants every year. Most of the MBA colleges are centered around big cities like Delhi, Mumbai, Bangalore, Kolkata, etc. IIM Ahmedabad is ranked 1st among the best MBA colleges in India. Top MBA colleges in India offer high placement packages and FMS Delhi is the top MBA college in India with a high ROI. The top MBA colleges in India include IIM Ahmedabad, IIM Bangalore, XLRI Jamshedpur, and many others.

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MBA Eligibility

The basic MBA Eligibility criteria are mentioned in the bullets below:

  • Students must complete their graduation in any stream from a recognized university in order to study MBA courses. Learn More: Distance MBA Eligibility
  • They must have a minimum of 50% in graduation in order to study MBA Courses. Top institutes like IIMs and IITs ask for 60% in graduation. Learn More: Online MBA Eligibility
  • Students belonging to reserved categories like OBC, SC, and ST get a 5% relaxation in the percentage asked in some colleges for MBA courses. Learn More: Executive MBA Eligibility
  • Students in the Final year of their graduation are eligible to apply. They must provide proof of their completion of graduation within the date specified by the college.

Top 20 MBA Colleges in India with NIRF Ranking 2022

NIRF is the Ranking Methodology under the Ministry of Education and is one of India's most trusted Ranking agencies. National Institutional Ranking Framework is a government-adopted ranking method that ranks the best educational institutions. NIRF ranks the institutions based on 5 significant parameters which carry different weightage to get a ranking. The weightage of various parameters is used to rate an institute for rankings.

The following infographic highlights the individual parameters of the NIRF ranking agency. Check the Top NIRF Ranked MBA Colleges in India

NIRF Ranking Parameters Weightage
  • IIM Ahmedabad has continued to be the best Management college in India as per the NIRF ranking 2022.
  • IIM Bangalore now ranks 2nd followed by IIM Calcutta at the 3rd spot.
  • The best improvement has been shown by NITIE Mumbai which has improved by 20 positions and now ranks at 9th position in India.
  • Xavier Labour Relations Institute (XLRI) has also shown a good improvement. It has overtaken IIT Bombay and IIT Kharagpur to rank among the top 10 Management colleges in India.

The list of Top 20 MBA colleges in India as per NIRF Ranking 2022 are:

NIRF Ranking 2022 College Name NIRF Score
1 IIM Ahmedabad 83.35
2 IIM Bangalore 82.62
3 IIM Calcutta 78.64
4 IIT Delhi 75.10
5 IIM Kozhikode 74.74
6 IIM Lucknow 74.55
7 IIM Indore 70.66
8 Xavier Labour Relations Institute (XLRI) Jamshedpur 69.67
9 National Institute of Industrial Engineering, Mumbai 68.84
10 IIT Madras 66.60
11 IIT Bombay 66.24
12 IIT Kharagpur 65.15
13 MDI Gurgaon 64.70
14 IIM Raipur 63.57
15 IIM Ranchi 62.33
16 IIM Rohtak 62.20
17 SIBM Pune 61.97
18 IIM Tiruchirappalli 61.88
19 IIT Roorkee 61.76
20 IIT Kanpur 61.20

MBA Admissions 2023 is open in the top B schools including IIMs, XLRI Jamshedpur, IBS Hyderabad, etc. Candidates must sit for a national, state, or university-level MBA entrance exam such as CAT, XAT, etc to seek admission to the MBA course for the academic year 2022-2024.

Check the List of MBA Colleges in Top Cities in India
Mumbai Pune
Ahmedabad Bangalore
Delhi NCR Hyderabad
Indore Jaipur
Kolkata Chennai

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Top 20 MBA colleges in India: FAQs

Ques. What are Top Distance MBA Colleges in India?

Ans. IGNOU Delhi and ICFAI Foundation for Higher Education, Hyderabad the Top Distance MBA Colleges in India.

Ques. What is the admission Process into the Top MBA colleges in India?

Ans. MBA admissions into the top MBA colleges in India are done through CAT scores followed by a GD/ PI round.

Ques. Which IIM fees are less?

Ans. IIM Amritsar and IIM Bodhgaya are the top IIM colleges in India with low fees.

Ques. Which is the No 1 IIM in India?

Ans. IIM Ahmedabad is the No 1 IIM in India and is ranked 1st among the top MBA colleges in India.

Ques. Why are IIM fees so high?

Ans. IIM colleges in India offer Quality Education, good facilities, and highly qualified faculties. Despite having a high fee structure, IIM colleges offer high placements and ROI.

Ques. What are the Top MBA Colleges in India Accepting MAT Scores?

Ans. JIMS New Delhi and IIHMR University Jaipur are some of the Top MBA Colleges in India Accepting MAT Scores.

Ques. Does IIM accept CMAT scores?

Ans. No, IIM does not accept CMAT scores. MBS/ PGDM admissions into IIM are offered through CAT scores.

Ques. Can I study at IIM for free?

Ans. There are no scholarships available in the top IIM colleges in India. Hence, one cannot study for free in IIM.

Ques. Which is better, IMT Ghaziabad or IIM Nagpur?

Ans. IIM Ghaziabad is considered to be better than IIM Nagpur.

Ques. Can I get into IIM without work experience?

Ans. Yes, work experience is not necessary for getting admission into IIM colleges.

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