India has 5342 MBA colleges. Out of which 4487 are private, while 752 are government-operated. Among 5339 MBA Colleges, 3470 colleges are approved by AICTE, while 1274 are UGC-approved.

• The average fees for enrolling in government MBA colleges range from INR 2.32 Lakh to INR 34.50 Lakh, while the fees for enrolling in a private MBA college range between INR 47 K to INR 39.26 Lakh.
• The average/median package ranges from INR 16.78 LPA to INR 34.36 LPA.
• IIM Calcutta has recorded the highest salary package of INR 1.45 CPA and an average package of 35.50 LPA.
• FMS Delhi is the top MBA college in India in terms of ROI, with total fees of INR 2.32 Lakh and an average/median package of INR 34.1 LPA.
• MBA Admissions are based on CAT, GMAT, SNAP, XAT, and MAT scores, followed by a GD/ PI round.
• Out of 5,342 MBA colleges, 3,260 offer a general MBA course, followed by the MBA in Finance, which 2,227 colleges in India offer.

Top MBA colleges in India by Zollege Rating 2026

Based on aspects like placement, fees, quality of teaching, and student reviews, Zollege ranks colleges. The following table shows the Zollege Rating (Out of 10) given by Students to these top MBA colleges in India, along with the Zollege Score and Placement Score.

College Name	Zollege Score (Out of 1000)	Zollege Placement Score(Out of 500)
IIM Ahmedabad	973	460
IIM Calcutta	937	499.6
IIM Bangalore	936	489.61
ISB Mohali	925	475
ISB Hyderabad	926	475
IIM Lucknow	869	400.60
IIM Kozhikode	888	287.71
FMS Delhi	868	487.15
SPJIMR Mumbai	842	448.67
XLRI Jamshedpur	841	474.78

Top MBA Colleges in India

IIM Ahmedabad offers a median/average package of 35.50 LPA, followed by IIM Calcutta with a median/average package of 34.23 LPA. The table shows key details of the top MBA colleges in India, including CAT cutoffs, fees, average packages and Popular Specialisations for particular colleges.

College Name	Popular Specialisations	CAT Cutoff Percentile (Gen)	Median/Average Salary	Total Fees
IIM Ahmedabad	Finance, Marketing, Operations, Strategy, Human Resources	99	35.50 LPA	27.5 Lakh
IIM Calcutta	Finance, Marketing, Operations, Business Analytics, Healthcare Management	99	34.23 LPA	27 Lakh
IIM Bangalore	Finance, Marketing, Operations, Strategy, HR	99	34.88 LPA	26 Lakh
ISB Mohali	Family Business, Public Policy, Infrastructure, Business Analytics, Healthcare	-	35 LPA	45.42 Lakh
ISB Hyderabad	Finance, Marketing, Strategy, Operations, Entrepreneurship	-	33.25 LPA	38.67 Lakh
IIM Lucknow	Finance & Accounting, HR Management, IT & Systems, Marketing, Operations,	85	28.05 LPA	20.75 Lakh
IIM Kozhikode	Family Business, Public Policy, Infrastructure, Business Analytics, Healthcare	97	32.3 LPA	23.77 Lakh
FMS Delhi	Finance, Marketing, HR, Strategy, Operations	98	34.1 LPA	2.32 Lakh
SPJIMR Mumbai	Finance, Marketing, FM, Operations, Strategy, HR	85	INR 32 LPA	22.66 Lakh
XLRI Jamshedpur	HR, Business Analytics, Finance, General Management	96 (PGDBM) - 93 (PGDHRM)	28.68 LPA	16.5 - 25.9 Lakh

Top 5 MBA Colleges in India: Detailed Analysis

IIM Ahmedabad

Indian Institute of Management Ahmedabad, also known as IIM Ahmedabad, is a public university established in 1961 and has been ranked 1st by IIRF under the Management category in 2025. The college is recognised by UGC. Internationally, IIM Ahmedabad is ranked 31 by the Financial Times Ranking 2025 and 61 by QS Ranking 2025.

• Location: Sargam Marg, I I M, Vastrapur, Ahmedabad, Gujarat 380015
• Approved by: UGC
• NAAC: A++
• Ranking: 1 (India) 1 (Ahmedabad) – Collegedunia 2025
• Famous for: Finance, Consulting & Strategy, Marketing & Brand Management, Operations & Supply Chain Management, Analytics & Information Systems, and Agri-Business Management
• Top Companies: Boston Consulting Group, Accenture Strategy, Goldman Sachs, Avendus Capital

IIM Ahmedabad MBA Admission 2026

Particulars	Details
Courses Offered	MBA, PGDM, Executive MBA, Part-time MBA
Application Mode	Online
Admission Process	CAT Score + Written Ability Test (WAT) and Personal Interview (PI)
CAT Cutoff	99
Total B.Tech Fee	27.5 Lakh
Average Package (2025)	35.50 LPA
Highest Package (2025)	1.10 CPA
ROI	129.09 %
Official Website	https://www.iima.ac.in/

IIM Calcutta

IIM Calcutta was established in 1961. It is India's first institute for Post-Graduate studies and Research in Management. It is highly preferred by recruiters, mainly from the finance sector. In 2025, IIM Calcutta was ranked 61st internationally by the Financial Times and 3rd in India by the IIRF among management institutes. The institute’s main program is its MBA, followed by an Executive MBA.

• Location: Diamond Harbour Rd, Joka, Kolkata, West Bengal 700104
• Approved by: UGC and AICTE
• Ranking: 2 (India) 1 (Kolkata) – Collegedunia 2025
• Famous for: Infrastructure, Academics, Faculty, Placement
• Top Companies: Accenture, Deloitte, KPMG, Bain & Company, McKinsey & Company

IIM Calcutta MBA Admission 2026

Particulars	Details
Courses Offered	MBA, Executive MBA, Diploma
Application Mode	Online
Admission Process	CAT Score + Written Ability Test (WAT) and Personal Interview (PI)
CAT Cutoff Percentile (Gen)	99
Total MBA Fee	27 Lakh
Average Package (2025)	35.50 LPA
Highest Package (2025)	1.45 CPA
ROI	126.78 %
Official Website	www.iimcal.ac.in

IIM Bangalore

IIM Bangalore was established in 1973 and is renowned for its strong industry connections and global exposure. In 2025, IIM Bangalore was ranked third by the Collegedunia MBA Ranking and second by the NIRF for MBA programs in India. It was also ranked 57th globally by the Financial Times in 2025.

IIM Bangalore MBA Admission 2026

Particulars	Details
Courses Offered	MBA, Executive MBA, Diploma
Application Mode	Online
Admission Process	CAT Score + Written Ability Test (WAT) and Personal Interview (PI)
CAT Cutoff Percentile (Gen)	99
Total MBA Fee	26 Lakh
Average Package (2025)	34.88 LPA
Highest Package (2025)	INR 1.15 CPA
ROI	134.15 %
Official Website	https://www.iimb.ac.in/

ISB Hyderabad

The Indian School of Business, also known as ISB Hyderabad, is a private business institution established in 2001. ISB Hyderabad was ranked 4th in India by Collegedunia MBA Ranking in 2025.

ISB Hyderabad MBA Admission 2026

Particulars	Details
Courses Offered	MBA, Executive MBA, Diploma
Application Mode	Online
Admission Process	CAT Score + Written Ability Test (WAT) and Personal Interview (PI)
Total MBA Fee	38.67 Lakh
Average Package (2025)	33.25 LPA
Highest Package (2025)	66 LPA
ROI	85.98 %
Official Website	https://www.isb.edu/

ISB Mohali

ISB Mohali is a private, autonomous business school established in 2012. The college is accredited by the AACSB (Association to Advance Collegiate Schools of Business), EQUIS (EFMD Quality Improvement System) and AMBA (Association of MBAs). According to the Financial Times Global MBA Ranking 2025, the college ranks 27th in the MBA category.

ISB Mohali MBA Admission 2026

Particulars	Details
Courses Offered	MBA, Executive MBA, Diploma
Application Mode	Online
Admission Process	CAT Score + Written Ability Test (WAT) and Personal Interview (PI)
Total MBA Fee	45.42 Lakh
Average Package (2025)	35 LPA
ROI	77.06 %
Official Website	https://www.isb.edu/

Top MBA Colleges in India by Various Agencies

IRF, India Today, and NIRF are some of the agencies in India that provide rankings and ratings to colleges. The following table shows the details of the rankings and ratings given to the top MBA colleges in India.

College Name	NIRFMBA Ranking (2025)	IIRFMBA Ranking (2025)	THE WEEKMBA Ranking (2024)
IIM Ahmedabad	1 (India) 1 (Ahmedabad)	1 (India)	1 (India) 1 (Ahmedabad)
IIM Calcutta	7 (India) 1 (Kolkata)	3 (India)	-
IIM Bangalore	2 (India) 1 (Bangalore)	3 (India)	2 (India) 1 (Bangalore) (2019)
ISB Hyderabad	-	1 (India) (2022)	-
IIM Lucknow	3 (India) 1 (Kerala)	7 (India)	3 (India) 1 (Kerala)
IIM Kozhikode	5 (India) 1 (Uttar Pradesh)	4 (India)	3 (India) 1 (Uttar Pradesh) (2019)
FMS Delhi	35 (India) (2019) 5 (New Delhi)	2 (India)	5 (India) 1 (New Delhi)
XLRI Jamshedpur	10 (India) 1 (Jharkhand)	2 (India)	2 (India) 1 (Jharkhand)
SPJIMR Mumbai	20 (India) 3 (Mumbai)	1 (India)	6 (India) 1 (Mumbai)

Highest Salary Offered by Top MBA Colleges in India

IIM Calcutta has offered the highest salary of INR 1.45 CPA. Top companies like McKinsey, Bain, BCG, Accenture, KPMG, and Deloitte hired students during the placement drive. Below is the placement information for the top MBA colleges in India.

College Name	Highest Salary	Top Recruitors
IIM Ahmedabad	1.10 CPA	BCG, Accenture Strategy, McKinsey & Company, Goldman Sachs, Avendus Capital
IIM Calcutta	1.45 CPA	McKinsey, Bain, BCG, Accenture, KPMG, Deloitte
IIM Bangalore	1.15 CPA	American Express, Goldman Sachs, Google, Pepsi, Oracle, Reliance, Bosch, Accenture Strategy
ISB Mohali	35 LPA	McKinsey, Nagarro, Navi Technologies, Deloitte, Accenture
ISB Hyderabad	66 LPA	Accenture, Amazon, Bain & Company, Barclays India, Deloitte
IIM Lucknow	72.02 LPA	Accenture Technology, Capgemini, Casio, Cognizant, Genpact, Infosys Consulting
IIM Kozhikode	75 LPA	Accenture, Deloitte, McKinsey & Company, Adobe, Air India Express, Bajaj, Adani
FMS Delhi	1.23 CPA	Adani, Amazon, Deloitte, Capgemini, Flipkart, Genpact, Dabur, KPMG
XLRI Jamshedpur	1.10 CPA	Accenture, Life Pharmacy, Tech Mahindra, Ebullient Securities, Genpact
SPJIMR Mumbai	89 LPA	Aditya Birla, FedEx, Google, Kenvue, Motilal Oswal, Purplle, Zomato, Accenture Strategy

Top MBA Colleges in India ROI-Wise

FMS Delhi has the highest ROI of 1469.82 %, offering an average/median package of INR 34.1 LPA with total fees of INR 2.32 Lakh, followed by IIM Calcutta and IIM Lucknow. Check out the top 10 MBA colleges in India by ROI for 2025 in the table below.

College Name	Total Course Fees	Median/Average Package	ROI
FMS Delhi	INR 2.32 Lakh	INR 34.1 LPA	1469.82 %
IIM Lucknow	INR 20.75 Lakh	INR 32.3 LPA	155.66 %
IIM Bangalore	26 Lakh	34.88 LPA	134.15 %
IIM Ahmedabad	27.5 Lakh	35.50 LPA	129.09 %
IIM Calcutta	27 Lakh	34.23 LPA	126.78 %
SPJIMR Mumbai	26.50 Lakh	32 LPA	120.75 %
IIM Kozhikode	23.77 Lakh	28.05 LPA	118.00 %
XLRI Jamshedpur	25.9 Lakh	28.68 LPA	110.73 %
ISB Hyderabad	38.67 Lakh	33.25 LPA	85.98 %
ISB Mohali	45.42 Lakh	35 LPA	77.06 %

Govt MBA Colleges in India

India has 760 government-owned MBA colleges. The top three are IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. The average fee ranges from INR 2.32 Lakh to 27.5 Lakh, and the average placement package ranges from INR 16.93 LPA to INR 35.50 LPA. Here is the list of Government MBA Colleges in India along with total seats, total Fees, placements & top recruiters.

College Name	Total Course Fees (INR)	Highest Package	Placements	Top Recruiters
IIM Ahmedabad	27.5 Lakh	1.10 CPA	Average - 35.50 LPA Median - 31 LPA	BCG, Accenture Strategy, McKinsey & Company, Goldman Sachs, Avendus Capital
IIM Bangalore	26 Lakh	1.15 CPA	Average - 34.88 LPA Median - 32.5 LPA	American Express, Goldman Sachs, Google, Pepsi, Oracle, Reliance, Bosch, Accenture Strategy
IIM Calcutta	INR 27 Lakh	INR 1.45 CPA	Median - 34.23 LPA	McKinsey, Bain, BCG, Accenture, KPMG, Deloitte
FMS Delhi	INR 2.32 Lakh	INR 1.23 CPA	Average - 34.1 LPA	Adani, Amazon, Deloitte, Capgemini, Flipkart, Genpact, Dabur, KPMG
IIM Lucknow	INR 20.75 Lakh	INR 75 LPA	Average - 32.3 LPA Median - 30 LPA	Accenture, Deloitte, McKinsey & Company, Adobe, Air India Express, Bajaj, Adani
IIM Indore	INR 16.6 Lakh	INR 70 LPA	Average - 29.57 LPA Median - 24.7 LPA	Bank of America, Barclays, Adani, Airtel, Biocon, Amazon, American Express
IIM Kozhikode	INR 23.77 Lakh	INR 72.02 LPA	Average - 28.05 LPA Median - 27 LPA	Accenture Technology, Capgemini, Casio, Cognizant, Genpact, Infosys Consulting
IIM Shillong	INR 26.18 Lakh	INR 71.50 LPA	Average - 26.44 LPA Median - 25.67 LPA	Microsoft, LatentView Analytics, ServiceNow, Merilytics, Baker Hughes
IIM Mumbai	INR 21 Lakh	INR 54 LPA	Average - 31.30 LPA	Everest Industries, Exide, Hero MotoCorp, Britannia, Dabur, Diageo, Emami Group, Accenture
DoMS IIT Madras	INR 11.62 Lakh	INR 29.65 LPA	Average - 16.93 LPA Median - 16.78 LPA	P&G, McKinsey, Accenture, Cisco, Standard Chartered, Dell

Private MBA Colleges in India

India has 4475 privately owned MBA colleges that offer MBA programs. The top three are XLRI Jamshedpur, SPJIMR Mumbai, and JBIMS Mumbai. The average fee ranges from INR 1 Lakh to INR 38.67 Lakh. Here is the list of private MBA Colleges in India along with total seats, total tees, placements & top recruiters.

College Name	Total Seats	Total Course Fees (INR)	Highest Package	Placements	Top Recruiters
XLRI Jamshedpur	480	16.5 - 25.9 Lakh	1.10 CPA	Average - 28.68 LPA Median - 30.24 Lakh	Accenture, Life Pharmacy, Tech Mahindra, Ebullient Securities, Genpact
SPJIMR Mumbai	275	22.66 Lakh	89 LPA	Median - 30.5 LPA Average - 32 LPA	Aditya Birla, FedEx, Google, Kenvue, Motilal Oswal, Purplle, Zomato, Accenture Strategy
JBIMS Mumbai	120	7 Lakh	28 LPA	Average - 18.3 LPA Median - 27.60 LPA	Accenture, Adani, Axis Bank, Coca-Cola, Deloitte, EY, HCL, ICICI Bank, SBI
IIFT Delhi	511	17.88 - 21.82 Lakh	75.6 LPA	Average - 27.3 LPA Median - 25 LPA	PhonePe, Accenture Strategy, Aditya Birla, EY, Capegemini, Amazon, Dabur
MDI Gurgaon	570	8.96 - 29.14 Lakh	54 LPA	Average - 25.6 LPA Median - 26.13 LPA	Pepsico, ITC Limited, Reckitt, Marico, Godrej, L'Oréal, Philips, FedEx, Cipla
TISS Mumbai	-	1 - 1.31 Lakh	49 LPA	Average - 26.31 LPA Median - 25.28 LPA	Aditya Birla Group, Accenture, Amazon, Capgemini, Deloitte, CRISIL, EY, Infosys
SIBM Pune	300	17.72 - 24.9 Lakh	53.58 LPA	Average - 28.83 LPA Median -26.04 LPA	Accenture, Deloitte, EY, Wipro, Abbott, Airtel, Novea
ISB Hyderabad	-	38.67 Lakh	66 LPA	Average - 33.25 LPA	Accenture, Amazon, Bain & Company, Barclays India, Deloitte
SBM NMIMS Mumbai	600	21 Lakh	-	Median - 20 LPA	Goldman Sachs, EXL, HDFC Bank, KPMG
SCMHRD Pune	180	15.02 - 24.80 Lakh	38 LPA	Average - 24.28 LPA	Aditya Birla Capital, HSBC, ICICI Bank, DBS, Axis Bank

Cheapest MBA Colleges in India

The first college on the list is the R.B.D. Mahila Mahavidyalaya Bijnor, which has an MBA total fee of INR 2 K, followed by the KSKVKU Kachchh, whose total MBA fee is INR 2.01 K. Similarly, here is the list of the 10 MBA colleges in India, with the lowest fees in the table below.

College Name	Total Fees
R.B.D. Mahila Mahavidyalaya Bijnor	INR 2 K
KSKVKU Kachchh	INR 2.01 K
M.V. College Buxar	INR 3 K
University of Jammu	INR 1.11 K
Annamalai University	INR 32 K
MGAC Vellore	INR 4 K
V.V. Vanniaperumal	INR 4.7 K
DDEBRABU Muzaffarpur	INR 4.9 K
Tamil University Thanjavur	INR 4.9 K
St Thomas College Ranny Pathanamthitta	INR 5 K

Top Specialisations Offered by Top MBA Colleges in India

General MBA is one of the most popular MBA in India, with 3216 colleges offering the stream. Below is the list of the top 10 MBA specialisations in India, along with the total number of colleges and the top 3 colleges for each specialisation.

Specialisation	Count of Colleges	Top Colleges
General	3216	IIM Ahmedabad, IIM Bangalore, IIM Calcutta
Finance	2167	IIM Kozhikode, SJMSOM, SIBM Pune
Marketing	2143	IIM Kozhikode, SJMSOM, SIBM Pune, SCMHRD Pune
Human Resources Management	2133	XLRI Jamshedpur, IIM Kozhikode, IIM Indore
Operations Management	1208	IIM Kozhikode, IIM Mumbai, IIT Bombay SJMSOM
Information Technology	856	IIM Kozhikode, SIBM Pune, TAPMI Manipal
Business Analytics	626	IIM Bangalore, XLRI Jamshedpur, IIFT Delhi
Foreign Trade	626	IIFT Delhi, TAPMI Manipal, SIBM Pune
Health Care Management	406	SBM NMIMS, IIMBG, IIM Jammu
Tourism Management	373	IIM Sirmaur, Amity University Noida, LPU Jalandhar

MBA Colleges in India by University Affiliation

Multiple MBA colleges in India are affiliated with renowned universities. Below is a list of the top 10 universities across India known for their MBA-affiliated colleges.

University Name	Count of affiliated Colleges
Anna University (AU Chennai)	267
Dr. A.P.J. Abdul Kalam Technical University (AKTU Lucknow)	242
Savitribai Phule Pune University (SPPU Pune)	174
Bangalore University (BU Bangalore)	121
Jawaharlal Nehru Technological University (JNTUK Kakinada)	116
Visvesvaraya Technological University (VTU)	110
Jawaharlal Nehru Technological University Hyderabad (JNTUH)	107
Rajiv Gandhi Proudyogiki Vishwavidyalaya Bhopal (RGPV)	88
Osmania University Hyderabad (OU)	76
I.K. Gujral Punjab Technical University Jalandhar (IKG-PTU)	75

MBA Colleges with AU Chennai Affiliation in India

AU Chennai has the highest number of MBA colleges under its affiliation in India.PSGIM Coimbatore is at the top of the list with a total MBA fee of INR 5.50 Lakh Here is the list of the top 10 MBA colleges in India under AU Chennai Affiliation.

College Name	Locality	Total fees
PSGIM Coimbatore	Peelamedu, Coimbatore	INR 5.50 Lakh
PSGCT Coimbatore	Peelamedu, Coimbatore	INR 92 K
KVIMIS Coimbatore	SSKulam, Tamil Nadu	INR 60 K
GSB Thanjavur	Thanjavur, Tamil Nadu	INR 5.90 Lakh
SKCET Coimbatore	Kuniyamuthur, Tamil Nadu	INR 41 K
KEC Erode	Kumaran Nagar, Erode	INR 2.00 Lakh
SIMS Chennai	Vadapalani, Chenna	INR 1.50 Lakh
BIT Sathyamangalam	Sathyamangalam, Tamil Nadu	INR 60 K
Mepco Schlenk Engineering College, Sivakasi	Sivakasi, Tamil Nadu	INR 41 K
NIITM Coimbatore	Thirumalayampalayam, Tamil Nadu	INR 2.40 Lakh

MBA Colleges in India: State-wise Count

Maharashtra has the highest number of MBA colleges in India, with a total of 692 colleges, followed by Uttar Pradesh and Tamil Nadu. Here is the list of the top 10 states with the highest number of MBA colleges in India.

State Name	Total College
Maharashtra	692
Uttar Pradesh	665
Tamilnadu	613
Delhi NCR	591
Karnataka	478
Andhra Pradesh	316
Madhya Pradesh	313
Telangana	297
Haryana	244
Gujarat	232

MBA Colleges in India City-wise Count

Bangalore has the highest number of MBA colleges in India, with a total of 418 colleges. Here is the list of the top 10 cities in India with the highest number of MBA colleges.

City Name	Total College
Bangalore	418
Pune	347
Mumbai	288
Hyderabad	272
New Delhi	266
Chennai	225
Kolkata	173
Ahmedabad	101
Noida	80
Gurgaon	73