Top 10 MBA colleges; There is no doubt that top management colleges are excellent in terms of infrastructure, quality education, great faculty, etc. It is every management aspirant’s dream to secure a seat in the top ten MBA colleges in India. Students get access to global connections through exchange programs, excellent placements, research facilities and all the other factors that differentiate top MBA colleges from other institutions. Students have access to a large alumni network and will gain hands-on experience, professional expertise and practical knowledge through internships and courses.
Given the quality of education, incredibly competitive environment, and the best and top-notch professors providing students with all the managerial abilities needed for a successful career, elite IIMs consistently top the list of the best MBA institutions. To make it easier for candidates to search for colleges, we have compiled a list of top MBA colleges in India. Every organization is different in its own way; However, the following management schools in India offer the best management education in India. Following are the highlights of the top 10 MBA colleges in India.
IIM Ahmedabad – Indian Institute of Management
Ahmedabad, Gujarat, is the home of IIM Ahmedabad, popularly known as IIM-A. Various worldwide ranking agencies and national institutions have named the institute as the best management college in India. IIMA was ranked 62 out of 100 B-schools in the Financial Times Global MBA Ranking 2022. Getting admission to IIM-A is the dream of every B-school student. In addition, IIMA programs are widely acclaimed in many international rankings. IIMA is the first MBA college in the country to be accredited by the European Quality Improvement System, commonly known as the EQUIS Ranking. Click on IIM-A to get a complete list of information about IIM Ahmedabad. IIM- A holding 1 rank according to NIRF Ranking and coming under the top 10 MBA colleges in India.
IIM Ahmedabad Highlights
|1||Institute Name||Indian Institute of Management, Ahmedabad|
|2||Short Name||IIMA or IIM Ahmedabad|
|3||Programmes Offered||MBA-PGPM, MBA-PGPX etc.|
|8||Average Placement Package||INR 16,00,000|
|9||Highest Placement Package||INR 55,88,000|
IIM Bangalore – Indian Institute of Management
IIMB is situated on a lush green campus of 100 acres in the southern region of Bangalore. The institute has a lively and engaging academic life. IIMB has an incredible sports center with soccer, cricket, tennis, basketball, volleyball, and table tennis, as well as a gym and swimming pool. Students of IIM Bangalore have the opportunity to participate in student exchange programs with colleges in North America, Europe, Asia, Australia and South America. Another distinguishing element of IIMB is its affiliation with GNAM, which brings together 32 reputed business schools from different countries. It is to be noted that IIMB is the only management school in India to be included in GNAM. IIM Bangalore holds 2nd rank according to NIRF Ranking and comes under the top 10 MBA colleges in India.
IIM Bangalore Highlights
|1||Institute Name||Indian Institute of Management, Bangalore|
|2||Short Name||IIMB or IIM Bangalore|
|3||Programmes Offered||MBA-PGPM, MBA-PGPX etc.|
|8||Average Placement Package||INR 28,98,000 LPA|
|9||Medium Placement Package||INR 28,60,000 LPA|
IIM Calcutta -Indian Institute of Management Calcutta
IIMC that is IIM Kolkata is located in Joka, Calcutta. It is the oldest IIM, which was established in 1961. IIMC was the first IIM to be established in India, and is one of the three business schools in the country to receive triple accreditation. The IIMC campus is noteworthy, with sophisticated computing facilities, a management center and a finance laboratory, among other things. A post office, ATM, a Café Coffee Day outlet, and medical facilities are available on the premises. Old Hostel, White Hostel and New Hostel are three hostels that provide international class facilities for the students. Following are some of the most distinctive features of IIM Calcutta. IIM Calcutta holds 3rd rank according to NIRF Ranking and comes under the top 10 MBA colleges in India.
IIM Calcutta Highlights
|1||Institute Name||Indian Institute of Management, Calcutta|
|2||Short Name||IIMC or IIM Calcutta|
|3||Programmes Offered||MBA-PGPM, MBA-PGPX etc.|
|4||Accreditations||EQUIS, AACSB, AMBA,CEMS|
Department of Management Studies, IIT Delhi
The Indian Institute of Technology (IIT) in Delhi is one of the twenty-three IITs in India which were established as centres of excellence for science, engineering, research, advancement etc. Since its inception, the Department of Management Studies, IIT Delhi has provided comprehensive education for aspiring management applicants. Department of Management Studies IIT which is known as DMS IIT Delhi is a world-class educational institution that has consistently ranked among the top ten business schools as well as top IITs in India. In 1993, the Department of Management was started, and in 1997, the Department of Management Studies began offering full-time MBA programs. The Department now offers a two-year full-time MBA program as well as three years part-time MBA program in General and Telecommunication System Management. DMS IIT holds 4th rank according to NIRF Ranking and comes under the top 10 MBA colleges in India.
DMS IIT Delhi Highlights
|1||Institute Name||Department of Management Studies, IIT Delhi|
|2||Short Name||DMS IIT Delhi|
|3||Programmes Offered||MBA – Full Time, Executive MBA, MDP Program etc|
|6||Fees||INR 9.60 L|
|7||Average Placement Package||18.5 LPA|
|8||Medium Placement Package||33.8 LPA|
IIM Kozhikode – Indian Institute of Management
IIM Kozhikode is located on 112 acres of land in the Kunnamangalam area of Calicut, the second largest city of Kerala. It was established in 1996. The institute has 17 hostels to accommodate the students from across the country. The foundation of an incubation center for excellence in collaboration with the Government of Kerala is a notable feature of IIMK, and it is one of the few centers for the development of digital libraries in India. The institute has an extensive international exchange program for faculty and students with several leading institutions in ASEAN countries, including Bacony, Jönköping, Sweden, Copenhagen Business School, Denmark, the University of Queensland, Austria and Victoria University of Wellington, New Zealand.
IIM Kozhikode Highlights
|1||Institute Name||Indian Institute of Management, Kozhikode|
|2||Short Name||IIM Kozhikode|
|3||Programmes Offered||PGP, PGP Finance, PGP LSM, PGP BL etc.|
|8||Average Placement Package||INR 20.80 LPA|
|9||Medium Placement Package||INR 58.00 LPA|
IIM Lucknow – Indian Institute of Management
Indian Institute of Management – Lucknow, IIML is located in Lucknow, Uttar Pradesh, India. IIML was the ranked fourth Indian Institute of Management in the country, established in 1984. The campus’s laid-back atmosphere and good culture will immerse you in open, interesting campus life. Both AMBA and AACSB have recognized programs at IIM Lucknow. The campus has a medical center with 24 x 7 qualified medical staff. The recreation center offers excellent sports facilities and a gymnasium, swimming pool, squash and billiards. For the exchange of students from countries like Europe, USA, Canada, Singapore and China, the institute has tied up with 24 renowned B-Schools across the world and international colleges. IIM Lucknow holds 6th rank according to NIRF Ranking and comes under the top 10 MBA colleges in India.
IIM Lucknow Highlights
|1||Institute Name||Indian Institute of Management, Lucknow|
|2||Short Name||IIM Lucknow|
|3||Programmes Offered||MBA-PGP, PGP-ABM, PGP-SM etc.|
|4||Accreditations||AMBA ,AACSB, EFMD|
|8||Average Placement Package||INR 26.00 LPA|
|9||Highest Placement Package||INR 51.00 LPA|
IIM Indore – Indian Institute of Management
IIM Indore was established in 1996 and is considered India’s leading management institute with world-class teaching and research facilities. IIM Indore’s 193-acre campus is well-equipped with the most modern teaching aids, extensive learning resources and a robust IT infrastructure. Indian Institute of Management Indore which is IIM Indore is one of the most beautiful educational institute campuses in India among all the B-schools, having amazing architecture and other facilities, as it is situated on a beautiful hillock. A learning centre, computer lab, finance lab and other facilities are available on the campus. Listed below are the salient features of IIM Indore. IIM Indore holds 7th rank according to NIRF Ranking and comes under the top 10 MBA colleges in India.
IIM Indore Highlights
|1||Institute Name||Indian Institute of Management, Indore|
|2||Short Name||IIM Indore|
|3||Programmes Offered||PGP, EPGP, PGP-HRM, EFPM etc.|
|4||Accreditations||EQUIS, AACSB, AMBA|
|8||Average Placement Package||INR 23.6 LPA|
|9||Highest Placement Package||INR 56.8 LPA|
XLRI Xavier School of Management
XLRI is ranked as the best private business school in the world. XLRI is located in steel city Tata Nagar of Jharkhand known as Jamshedpur Jharkhand. XLRI was founded by Jesuit fathers and is the oldest business school in India. In 1968, a two-year full-time business management program for working professionals was established, and the institute offers a variety of corporate programs and blended programs. All XLRI programs provide students with a holistic approach to business and management capabilities to meet the needs of the private and public sectors. XLRI Jamshedpur’s infrastructure is phenomenal. Sir Jehangir Gandhi Library contains 69,500 books, 24,400 e-books, 16,810 back volumes, 14,200 PG and PhD dissertations and other material. XLRI’s campus has a 10 Gigabit Ethernet network to support the institute’s local area network. Twenty-two classrooms are available with state-of-the-art multimedia presentation capabilities. Each lecture space accommodates 70 people and is arranged in an amphitheatre arrangement. Close-circuit recordings and replays of lecture sessions are also available in these classrooms. High-speed Wi-Fi connectivity services such as printing, photocopying and scanning are provided. XLRI also has a behavioural research laboratory with sophisticated hardware that enables HD audio-video conferencing. XLRI’s student accommodation facilities are divided into four blocks, with a total of 400 rooms. XLRI Jamshedpur holds 2nd rank according to NIRF Ranking and comes under the top 10 MBA colleges in India.
XLRI Jamshedpur Highlights
|1||Institute Name||XLRI Xavier School of Management|
|2||Short Name||XLRI Jamshedpur|
|3||Programmes Offered||PGDM (BM), ExPGDM, Three Year XLRI-Rutgers Double Masters Programme PGDM HRM|
|8||Average Placement Package||INR 30.6 LPA|
|9||Highest Placement Package||INR 60+ LPA|
Indian Institute of Technology, Bombay
IIT Bombay is a premier institute known for providing Management, Engineering, Scientific and Technology education. The IIT Bombay institute was established in 1958. A distinctive element of the MBA program at IIT Bombay is that, apart from the traditional courses in Accounting, Finance, Operations and Human Resources, core courses such as Technology Policy, Management Technology and R&D. Management Technology educates students for the profession in management. Eight terms make up the two-year MBA program. Students gain real-world experience through case studies, course projects and research, keeping them abreast of the latest industry trends and innovations. Students can participate in a one-month winter project at the end of the first two terms, similar to the summer internship at IIMs. Buses and local trains connect the IIT-B campus with major parts of the city. Most of the facilities, such as banks, a retail centre, and well-equipped hospitals, are located on the premises. It is worth noting that IIT Bombay is classified as an Institute of National Importance.
IIT Bombay Highlights
|1||Institute Name||Indian Institute of Technology, Bombay|
|2||Short Name||IIT Bombay|
|3||Programmes Offered||MBA, EMBA, MDP|
|7||Average Placement Package||INR 17.91 LPA|
|8||Average Gross Salary||INR 13.67 LPA|
VGSOM, IIT Kharagpur, Indian Institute of Technology, West Bengal
In 1993, Vinod Gupta School of Management (VGSoM) was established as the first school of management in the IIT system. By integrating the insights spread across the academic fields, the institute provides quality management education which is spread across the country. The institute has a wide range of facilities including a central library and a computer lab with modern technology. The accommodation facilities are well-organized, with entertainment centres, high-speed Wi-Fi and LAN. Olympia, a well-functioning sports committee, encourages students to participate in athletics and sports to provide holistic development. There is also Quiz Club, which connects quiz fans and allows them to share their expertise. The Marketing and Advertising Club (MAD) informs students about contemporary branding and marketing trends. There are also many food joints such as Cafe Coffee Day, Subway and others. Several international management schools have partnered and collaborated with the institution. Fintrest is a finance club that focuses on enhancing the financial literacy of students. E-cell or Entrepreneurship Cell aims at providing a platform to the students to develop and promote the spirit of entrepreneurship. Srijan, a national B-Plan flagship competition, Ideas, an online case study event, e-Shikhar, a leadership discussion series, and Pink Cabs, which allows local women cab drivers to provide commercial car services, all these activities Which are organized by e-cell. The school also offers need-based scholarships to deserving students.
VGSOM, IIT Kharagpur Highlights
|1||Institute Name||VGSOM, Indian Institute of Technology Kharagpur|
|2||Short Name||VGSOM, IIT Kharagpur|
|3||Programmes Offered||MBA, EMBA, PGDBA, MDP|
|7||Average Placement Package||INR 18.44 LPA|
|8||Highest Placement Package||INR 26.5 LPA|
Some very Important Points to Consider while Choosing the Top MBA College
Various ranking organizations provide ranking to colleges on the basis of various factors. The ranking organization conducts a thorough and fair examination of the institutions and ranks them on the basis of quality and satisfied parameters. Students will be able to identify the best management university by looking at these university rankings. Annually, ranking organizations like NIRF, QS and Financial Times update their rankings. Students can view the complete list of rankings including placement rating, rank and value rating to help them choose the best MBA college/university in India.
Research on the Faculty of the Course:
The faculty of the program and the quality of education provided are tightly integrated together. Most of the top MBA colleges in India have teachers who have years of experience, a successful track record, and a strong teaching background. Students have benefit to study from experts who pass on their knowledge to the next generation of leaders.. Distinguished visiting academicians from other reputed institutions also handle subjects in invited colleges in some cases.
With the emergence of novel industrial trends in an ever-changing business environment, students must ensure that course content meets current industry standards and expectations. Each university has its own website, where the course syllabus is published. You can get an idea of what is being taught by looking at the syllabus. Students should be able to ascertain whether the course structure and curriculum will make them well equipped to meet industry standards and challenges when they step out for employment prospects.
Know more about the location:
In your search for the best institute for MBA, you should know more about the area, geographical features of the area and access to essential utilities and transportation within a reasonable distance. Be sure to weigh the benefits and drawbacks of each option. While doing this, think about your priorities. Attending a management institute of your choice will enrich your college/university experience and encourage you to take full advantage of campus life and surroundings. Consider institutes close to industries where you can gain hands-on experience through internships.
Research student accommodation and hostel facilities thoroughly: Although academic life in a college/university has a lot to offer, student accommodation and hostels play an important role in academic life. Students should verify whether the hostel has well-equipped facilities, modern facilities and mess facilities, as well as whether the hostel is kept clean and ventilated.
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