Top 10 MBA Colleges in India 2024: An MBA, or Master of Business Administration, is a graduate-level degree that provides a comprehensive education in the field of business. CAT, XAT, and CMAT are the main accepting exams in top 10 MBA colleges in India.
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MBA programs typically cover a wide range of topics, including accounting, finance, marketing, operations management, and organizational behavior. They also provide students with opportunities to develop their leadership, communication, and problem-solving skills.
Top 10 MBA Colleges in India 2024 Highlights
| MBA Full Form | Masters in Business Administration |
| Duration | 2 years |
| Eligibility | Graduation from a recognized university or institute with at least 50% marks |
| Top MBA Colleges | 140 (Approx) |
| Top Specializations |
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| Accepted Entrance Exams | CAT, SNAP, NMAT, XAT, CMAT, MAT, etc. |
| No of Top MBA Colleges | 20 IIMs 23 IITs |
| Top Recruiters | Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, HDFC Bank, American Bank, and More |
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Top 10 MBA Colleges in India 2024: QS Ranking
The QS World University Rankings is an annual ranking of the top business schools in the world, compiled by Quacquarelli Symonds (QS). The ranking is based on a number of factors, including:
Academic Reputation: This indicator is based on a survey of academics and employers around the world.
Employer Reputation: This indicator is based on a survey of recruiters from top companies around the world.
Faculty/Student Ratio: This indicator assesses the quality of the teaching environment by looking at the ratio of faculty members to students.
Class Size: This indicator assesses the level of personalized attention students receive by looking at the typical class size.
International Diversity: This indicator assesses the diversity of the student body.
Employment Outcomes: This indicator looks at the employment outcomes of graduates, such as their salary and employment rate.
The top 10 MBA colleges in India 2024 in the QS World University Rankings
| RANK | UNIVERSITY | SCORE |
| 48 | Indian Institute of Management Bangalore | 68.5 |
| 53 | IIM Ahmedabad | 66.3 |
| =59 | IIM Calcutta | 63.3 |
| 78 | Indian School of Business Hyderabad | 60.1 |
| 151-200 | Indian Institute of Management Indore | 42.2 |
| 151-200 | Indian Institute of Management Lucknow | 41.3 |
| 151-200 | Indian Institute of Management Udaipur | 42.7 |
| 201-250 | International Management Institute Delhi | 35.3 |
| 201-250 | Management Development Institute Gurgaon | 35.3 |
| 201-250 | XLRI- Xavier School of Management Jamshedpur | 40.2 |
The QS World University Rankings is a valuable resource for students who are considering pursuing an MBA. The ranking provides an objective assessment of the quality of MBA programs offered by different institutions. It is important to note that the QS ranking is just one factor to consider when making your decision. You should also consider your own career goals, the location of the school, and the cost of the program.
Top 10 MBA Colleges in India 2024: NIRF Ranking
The National Institutional Ranking Framework (NIRF) is a ranking system for higher education institutions in India. The NIRF MBA ranking is based on a set of objective indicators, including:
Teaching, Learning and Resources (TLR): This indicator assesses the quality of teaching, learning, and resources available to students.
Research and Professional Practice (RPC): This indicator assesses the quality of research and professional practice conducted by the institution.
Graduate Outcomes (GO): This indicator assesses the outcomes of graduates, such as their employment and salaries.
Outreach and Inclusivity (OI): This indicator assesses the institution’s outreach and inclusivity efforts.
Perception (PER): This indicator assesses the perception of the institution among employers, academics, and other stakeholders.
The NIRF MBA 2023 ranking for top 10 MBA Colleges in India 2024 are as follow-
| NAME | CITY | STATE | SCORE | RANK |
| Indian Institute of Management Ahmedabad | Ahmedabad | Gujarat | 83.20 | 1 |
| Indian Institute of Management Bangalore | Bengaluru | Karnataka | 80.89 | 2 |
| Indian Institute of Management Kozhikode | Kozhikode | Kerala | 76.48 | 3 |
| Indian Institute of Management Calcutta | Kolkata | West Bengal | 75.53 | 4 |
| Indian Institute of Technology Delhi | New Delhi | Delhi | 74.14 | 5 |
| Indian Institute of Management Lucknow | Lucknow | Uttar Pradesh | 74.11 | 6 |
| National Institute of Industrial Engineering, Mumbai | Mumbai | Maharashtra | 71.99 | 7 |
| Indian Institute of Management Indore | Indore | Madhya Pradesh | 71.95 | 8 |
| XLRI-Xavier School of Management | Jamshedpur | Jharkhand | 70.75 | 9 |
| Indian Institute of Technology Bombay | Mumbai | Maharashtra | 68.11 | 10 |
The Indian Institute of Management Ahmedabad (IIM Ahmedabad) has topped the NIRF MBA ranking for the fourth consecutive year. IIM Bangalore and IIM Kozhikode have retained their second and third positions, respectively. IIM Calcutta has moved up from fifth to fourth place, while IIM Indore has moved up from sixth to fifth place.
The NIRF MBA ranking is a valuable resource for students who are considering pursuing an MBA. The ranking provides an objective assessment of the quality of MBA programs offered by different institutions.
Top 10 MBA Colleges in India 2024: IIRF Ranking
The IIRF MBA ranking is a ranking system for MBA programs offered by institutions in India. The ranking is based on a set of objective indicators, including:
Teaching, Learning and Resources (TLR): This indicator assesses the quality of teaching, learning, and resources available to students.
Research and Professional Practice (RPC): This indicator assesses the quality of research and professional practice conducted by the institution.
Graduate Outcomes (GO): This indicator assesses the outcomes of graduates, such as their employment and salaries.
Outreach and Inclusivity (OI): This indicator assesses the institution’s outreach and inclusivity efforts.
Perception (PER): This indicator assesses the perception of the institution among employers, academics, and other stakeholders.
The IIRF MBA 2023 ranking for top 10 MBA Colleges in India 2024 are as follow-
| 1 | Indian Institute of Management, (IIM) Ahmedabad |
| 2 | Indian Institute of Management, (IIM) Bengaluru |
| 3 | Indian Institute of Management, (IIM) Calcutta |
| 4 | Indian Institute of Management, (IIM) Lucknow |
| 5 | Faculty of Management Studies, University of Delhi, Delhi |
| 6 | Indian Institute of Management, (IIM) Kozhikode |
| 7 | National Institute of Industrial Engineering (NITIE), Mumbai |
| 8 | Shailesh J Mehta School of Management, Indian Institute of Technology (IIT), Mumbai |
| 9 | Indian Institute of Foreign Trade (IIFT), New Delhi |
| 10 | Jamnalal Bajaj Institute of Management Studies, Mumbai |
Top 10 MBA Colleges in India 2024 FAQs
1. What are the eligibility criteria for MBA admission in India?
The eligibility criteria for MBA admission in India vary depending on the institution and program, but generally include a bachelor’s degree from an accredited university, a minimum GPA, and a good score on the GMAT or GRE. Some programs may also require work experience.
2. Which MBA entrance exams are accepted in India?
The most common MBA entrance exams accepted in India are the Common Admission Test (CAT), the Graduate Management Aptitude Test (GMAT), and the Graduate Record Examination (GRE). Some institutions may also accept other exams, such as the Management Aptitude Test (MAT) and the Symbiosis National Aptitude Test (SNAP).
3. What are the job prospects for MBA graduates in India?
MBA graduates are in high demand in India, and they have a variety of career opportunities across all industries. Some of the most popular career paths for MBA graduates include management consulting, investment banking, finance, marketing, and operations management.
4. Which MBA specialization is the most in-demand in India?
The most in-demand MBA specializations in India are finance, marketing, and operations management. These specializations are in high demand because they are essential for any business to succeed.
5. What is the average salary for an MBA graduate in India?
The average salary for an MBA graduate in India varies depending on the specialization, industry, and location. However, the average salary for MBA graduates is typically higher than the average salary for non-MBA graduates.
6. What is the cost of an MBA program in India?
The cost of an MBA program in India varies depending on the institution and program. However, the average cost of an MBA program in India is typically between Rs. 10 lakhs and Rs. 20 lakhs.