In general, the IIMs immediately come to mind while discussing the best MBA programmes in India. The situation has evolved over time, though, and several additional MBA programmes are now included on the list of best MBA programmes in India for 2023. The Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, as well as numerous other institutions are among the best MBA universities in India.
This article includes a selection of the best MBA schools. There are many options available to you if you want to
enroll in an MBA programme. However, the volume of data you discover online about the best B schools in India may confuse and frustrate you.
This is because there are a lot of parameters to consider before choosing the right B school for pursuing your MBA in India. Some of the parameters for choosing the correct B school are as follows:
- Deployment – As the fees for pursuing MBA in India are pretty massive, where the candidates are being deployed stands as one of the major factors for the selection of the institute.
- Expertise – Each of the B schools in India has some or other specialization in fields such as marketing, finance, or HR. Apart from that, you should choose the B school which is appropriate according to your preferences and requirements.
- Location – Every location and neighborhood has its advantages and disadvantages. You should always check where you want to go and what its benefits will be.
| Table of Content
All about MBA from top B schools Top MBA B Schools in India IIM Ahmedabad IIM Bangalore IIM Calcutta IIM Lucknow International School of Business (ISB) Faculty of Management Studies (FMS) – Delhi University SPJIMR Mumbai Conclusion Frequently Asked Questions (FAQs) |
Top MBA B Schools in India
IIM Ahmedabad
IIM Ahmedabad is one of the well known B schools to pursue your MBA degree. Below we have listed various courses that the institution offers and further details.
IIM Ahmedabad offers a flagship program known as the “Two-year Postgraduate Program in Management (PGP). Apart from PGP, it offers the below-mentioned courses in the management era:
- One-year full-time postgraduate program in management for executives (MBA-PGPX)
- A two-year postgraduate program for the candidates in food and agri-business management (MBA-FABM)
Eligibility criteria
- It is essential to have a bachelor’s degree with at least 50% overall aggregate (45% for SC, ST, and PwD aspirants).
- It is necessary to have a decent CAT score (Cut-off – 80 percentile).
- Foreign candidates can apply with a valid GMAT score (Cut-off – 720).
PGP Placement details
The approximate placement details about the PGP management degree are as follows:
| Total students eligible for placement | 404 |
| Students failed to get placement | 13 |
| Mean income | INR 22,82,000 |
| Maximum income | INR 45,00,000 |
IIM Bangalore
Flagship program
IIM Bangalore offers a two-year flagship program in Masters in Business Administration (MBA). Apart from this course, other courses offered are as follows:
- Master of Business Administration (EPGP), they provide a one-year full-time program for the candidates
- Master of Business Administration (MBA), they provide a two-year weekend program for the candidates
- Master of Business Administration (Business Analytics) (MBA(BA)), Two-year full-time program
- Master of Management Studies (Public policy) (MMS (PP)), One-year full-time program for the candidates
Eligibility criteria
- You should have a bachelor’s degree or correspond with at least 50% aggregate
- A decent CAT score (Cut-off – 85)
- A valid GMAT score is accepted for international candidates
PGP Placement Details
| Total students eligible for placement | 440 |
| Students who withdrawn from placement | 9 |
| Total offers made for job | 481 |
| Number of companies recruiting | 120 |
| Mean salary | INR 28,98,000 |
IIM Calcutta
Flagship program
Similar to IIM Bangalore, the Masters of Business Administration (MBA) is the flagship program at IIM Calcutta. Some other courses that are available here are:
- MBAEx (previously known as PGPEx)
- PGPEx-VLM
- PGDBA
Assimilated test for admission
- CAT (Cut-off – 85)
- GMAT (Cut-off – 710+)
Devoted aspirants can apply for IIM Calcutta MBA 2023-24 via only CAT 2023. Candidates who are interested but are living, employed, or studying outside of India from January 1, 2021, to February 15, 2022, will be considered Overseas candidates.
Eligibility Criteria
- You should have a bachelor’s degree or corresponding degree with at least 50% aggregate marks
- A decent CAT score
Admission Procedure
IIM Calcutta assesses its candidates on the following frameworks:
- CAT/GMAT score; weightage – 30
- Personal interview performance; weightage – 48
- Written ability test (WAT) performance; weightage – 10
- Work experience; weightage – 8
- Previous academic performance; weightage – 4
IIM Lucknow
Flagship program
IIM Lucknow offers a flagship program known as the Postgraduate program in management (PGP). Apart from PGP, there are a lot of courses that are available for graduates as well as executives.
Eligibility criteria
- You should have a bachelor’s degree or corresponding degree with at least 50% aggregate
- Final-year students can also apply
- A valid CAT score
PGP Placement reports
| Class intake | 478 |
| Number of offers made | 447 |
| Highest CTC offered (domestic) | INR 51,00,000 |
| Median income | INR 23,50,000 |
| Highest CTC offered (international) | INR 56,00,000 |
| Mean CTC | INR 26,00,000 |
International School of Business (ISB)
Apart from all the IIMs, some other institutions also offer great courses and placements. One of them is the International School of Business (ISB) located in Hyderabad. This is because the institution offers great placements, courses, international tie-ups, and a remarkable alumni panel.
Flagship program
ISB offers a flagship program known as the Postgraduate program in management (PGP). ISB offers some other courses as well which are as follows:
- PGP for Senior Executives
- PGP for working professional
- PGP in Management for Family Business
Eligibility criteria
- A valid GMAT/GRE score
- A bachelor’s degree or corresponding degree
- For international candidates, TOEFL/IELTS score (only if your first language in school was not English)
- At least 24 months of work experience
Faculty of Management Studies (FMS) – Delhi University
Flagship program
FMS Delhi is one of the top business schools in India due to its low fee structure and high return on investment. The flagship program of FMS Delhi is Masters in Business Administration (MBA). The institution offers some more courses listed as follows:
- MBA-Executive
- MBA-Executive HCA
Admission procedure
The aspirants are generally categorized based on their CAT scores. The weightage of the QA, DILR, and VRC sections are 30%, 30%, and 40% respectively. As soon as the interview takes place, authorities sort the candidates on the basis of:
- CAT score
- Previous academic performances
- Group discussion performance
- Impromptu performance
- Personal interview performance
MBA Placement reports
| Class intake | 216 |
| Number of students who pursued placement vacation | 18 |
| Number of recruiters | 68 |
| Number of offers made | 210 |
| Mean CTC | INR 23,20,000 |
| Highest CTC | INR 48,00,000 |
SPJIMR Mumbai
Flagship program
SPJIMR Mumbai offers a flagship program known as Postgraduate Diploma in Management (PGDM) which is a two-year full-time MBA. Apart from PGDM, SPJIMR Mumbai offers various courses which include a management program for women (PGMPW) and a global management program (GMP).
PGDM Eligibility criteria
You should have a bachelor’s degree or a corresponding degree
- At least 5 years of work experience
- A valid CAT, XAT, or GMAT score
The cut-off marks for SPJIMR PGDM admission are as follows:
- CAT: Sectional percentile – 75; overall percentile – 85
- GMAT: Sectional percentile – 75; overall percentile – 85
PGDM Placement Report
| Total number of students | 233 |
| Number of recruiters | 131 |
| Mean CTC | INR 26,06,000 |
| Average CTC | INR 25,00,000 |
Conclusion
Pursuing an MBA degree from one of the top B schools in India is a hard nut to crack. But with the right details and information, you can easily pursue your MBA degree and with low fees, you can get an amazing return on investment. Also, you should choose an institution based on your preferences as well as requirements. Professors with years of expertise, a decent track reputation, and a better teaching experience can be found at the majority of India’s best B schools. Educating from specialists who impart their expertise to the following group of leaders benefits the learners. In plenty of other situations, prominent guest professors from other esteemed schools teach courses in the invited schools. With Physics Wallah you can get the enhanced training and increase the chance to get into top B schools.
Frequently Asked Questions (FAQs)
Q1. Which is the best college for MBA in India?
Ans. IIM Ahmedabad is a well known to be the best institution from where you can pursue your MBA degree. Although it is pretty tough to get into.
Q2. Which MBA degree has the highest value?
Ans. There are a lot of internal courses in MBA which are of great value which include business analytics, HR, finance, and economics.
Q3. Which B school has the highest placement?
Ans. Schools such as IIM Ahmedabad and IIM Lucknow have offered the most amount of placements.
Q4. Is an MBA in finance difficult?
Ans. MBA in finance is just as diligent as MBA in other specializations. Although, an MBA in finance can be a little tough as it has a higher amount of mathematics and statistics in it.
