If you are considering pursuing a higher education journey in business administration in India, you likely conducted extensive research to select the right college.
The Indian Institutional Ranking Framework (IIRF) recently released the list of top MBA institutions in India for 2024, facilitating the decision-making process for students based on factors like placement rankings and other key considerations.
List of Top MBA Institutions in India
The top 10 MBA institutes in India include:
- Indian Institute of Management, Ahmedabad
- FMS-Faculty of Management Studies, University of Delhi, New Delhi
- Indian Institute of Management Calcutta, Kolkata
- Indian Institute of Management Bangalore, Bengaluru
- Indian Institute of Management, Kozhikode
- Indian Institute of Management, Lucknow
- Indian Institute of Foreign Trade, New Delhi
- Indian Institute of Management, Mumbai
- IIM Indore-Indian Institute of Management, Indore
- Shailesh J Mehta School of Management, IIT Bombay
Evaluation Parameters for B-Schools in India
IIRF assessed over 300 management institutions, ranking 50 government and 160 private management institutions. The rankings were based on various parameters, including:
- Placement Performance
- Teaching Learning Resources and Pedagogy
- Research
- Industry Income and Integration
- Placement Strategy & Support
- Future Orientation
- External Perception and International Outlook (EPIO)
When considering placement performance as the sole criterion, the top 3 MBA institutes in India are: IIM Ahmedabad, IIM Kozhikode, IIM Calcutta, and Faculty of Management Studies, University of Delhi.
Cost of Pursuing an MBA in India
An MBA, a postgraduate degree focusing on business administration, covers diverse areas such as accounting, applied statistics, human resources, business communication, business ethics, and business law.
The fees for MBA programs in India range from INR 20,000 to INR 40 lakh for a two-year full-time program. The costs vary significantly, with fees reaching up to 30 lakh in IIM Ahmedabad and as low as Rs 1.92 lakh in Faculty of Management Studies, University of Delhi.
Outside India, renowned colleges offering MBA programs include MIT Sloan School of Management, Stanford Graduate School of Business, Harvard Business School, London Business School, and Wharton School of the University of Pennsylvania, among others.
For further details on exams, results, and career opportunities, please visit.