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### Best MBA Institutes in Ahmedabad – 2024 Rankings, Tuition Costs, Admission Process

Do you have an interest in pursuing an MBA degree in the vibrant city of Ahmedabad? There are numerous prestigious MBA colleges in Ahmedabad that can pave the way for a successful career in the business realm.

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Ahmedabad boasts over 50 renowned MBA colleges, making it a hub of top-tier educational opportunities in India.

These institutions, catering to both public and private preferences, have witnessed a surge in demand and expansion owing to Ahmedabad’s historical significance as a center of commerce and economic growth. Notable business schools like IIM Ahmedabad, MICA Ahmedabad, and others are situated in Ahmedabad.

Explore the best MBA colleges in Ahmedabad known for their academic excellence nationally and internationally, along with exceptional placement opportunities.

For those considering higher education in the neighboring region, refer to our guide that presents a wide array of options to help you make informed decisions regarding your academic journey.

Reasons to Choose Ahmedabad for MBA Studies

There are several compelling reasons to opt for an MBA in Ahmedabad. Here are some key points to consider:

1. Esteemed Institutions

Ahmedabad houses universities like IIM Ahmedabad and Ahmedabad University, attracting students from across India and beyond. These universities boast highly skilled faculty with extensive industry experience, focusing on the practical application of theoretical knowledge.

2. Industry Collaborations

As India’s premier commercial hub, Ahmedabad offers a thriving business community. Many MBA programs leverage these industry connections to provide students with internship and job placement opportunities in leading companies, facilitating valuable networking and real-world exposure.

3. Emphasis on Entrepreneurship

Ahmedabad nurtures a vibrant entrepreneurial culture, fostered by numerous MBA programs in the city. These programs offer courses designed to equip students with the requisite knowledge and skills to embark on their entrepreneurial ventures.

4. Affordability

Compared to other major Indian cities, pursuing an MBA in Ahmedabad is a cost-effective option. The city’s low cost of living makes it an attractive choice for students seeking value for their investment.

5. Cultural Richness

Ahmedabad, a bustling metropolis with a rich cultural heritage, offers a diverse tapestry of traditions, cuisines, and historical landmarks, enriching the MBA experience for students.

Eligibility Criteria for Admission to MBA Colleges in Ahmedabad

Prospective candidates seeking admission to MBA colleges in Ahmedabad must meet specific eligibility criteria. Here are the essential requirements for a full-time MBA program in Ahmedabad or any other location in India:

  • Educational Qualification: A bachelor’s degree is a fundamental requirement for MBA program admission from recognized universities.
  • Minimum Score: Generally, candidates from the general category need a minimum of 50% marks at the bachelor’s level. However, some universities may have varying score criteria. Reserved category candidates must achieve an overall qualifying score of at least 45%.
  • Final Year Graduation: Candidates in their final year of graduation can apply for an MBA program if they can provide evidence of completing their degree within the institute’s specified timeframe.

Top 10 MBA Colleges in Ahmedabad

1. IIM Ahmedabad

IIM AhmedabadIIM Ahmedabad

Key Details

  • Type: Public business school
  • Established: 1961
  • Accreditation: EQUIS
  • Ranking: 53rd in QS World University Ranking 2023
  • Accepted Entrance Exam: CAT
  • Tuition Fees for MBA/PGDM: INR 12 lakh – 25 lakh
  • Admissions: Application deadline for the 2024-26 batch is May 10, 2024

Located in Ahmedabad, Gujarat, IIM Ahmedabad is renowned as one of India’s premier MBA schools. Designated as an Institute of National Importance by the Ministry of Human Resources, Government of India in 2017, IIM Ahmedabad offers a range of full-time and part-time postgraduate degrees in MBA, along with diploma programs.

2. Gujarat University

Gujarat UniversityGujarat University

Key Details

  • Type: Public university
  • Established: 1949
  • Accreditation: NAAC
  • Ranking: 61st in NIRF Ranking 2023 (university category)
  • Accepted Entrance Exams: CMAT, CBSE 12th, GSEB HSC, ISC
  • Tuition Fees for MBA/PGDM: INR 40 thousand – 2.8 lakh
  • Admissions: Admission 2024 is open for Certificate courses

Gujarat University offers a comprehensive MBA program aimed at equipping students with the necessary knowledge and skills for success in the business domain. The curriculum covers various management areas such as operations, marketing, finance, and human resources, emphasizing practical learning through case studies, projects, and internships.

3. MICA Ahmedabad

Key Details

  • Type: Private business school
  • Established: 1991
  • Accreditation: NBA
  • Ranking: 37th in NIRF Ranking 2023 (management category)
  • Accepted Entrance Exams: CAT, XAT, MICAT
  • Tuition Fees for MBA/PGDM: INR 40 thousand – 23 lakh
  • Admissions: Admission 2024 is open for all courses

Established in 1991, MICA Ahmedabad is an autonomous B-school offering marketing and communication courses for higher education. The institute provides multidisciplinary two-year PG Diploma programs, including a one-year Certificate program in creative communication and a postgraduate diploma in management and communication.

4. Shanti Business School

Shanti Business SchoolShanti Business School

Key Details

  • Type: Private business school
  • Established: 2010
  • Recognition: AICTE
  • Ranking: 40th for MBA by Outlook 2024
  • Accepted Entrance Exams: CAT, MAT, XAT, CMAT, ATMA
  • Tuition Fees for MBA/PGDM: INR 6.8 lakh
  • Admissions: May session ATMA exam scheduled for May 11, 2024

Established in 2010, Shanti Business School (SBS) is a prestigious business school in Ahmedabad offering AICTE-approved PGDM programs. With specializations in finance, human resources, and digital marketing, SBS focuses on industry-relevant education and career preparation. The institution’s diverse student body and industry-focused curriculum, combined with experienced faculty, contribute to students’ successful career paths.

5. ICFAI Business School

Key Details

  • Type: Private business school
  • Established: 1995
  • Recognition: AICTE
  • Ranking: Among the top B-schools in India
  • Accepted Entrance Exams: CAT, GMAT, IBSAT
  • Tuition Fees for MBA/PGDM: INR 9.1 lakh
  • Admissions: Results for MBA/PGDM admission to be announced in Mar 2024

ICFAI Business School campuses in Ahmedabad, Kolkata, Mumbai, Gurgaon, and Pune offer two-year full-time management programs to prepare students for successful business careers. The school, known for its academic resources and holistic development opportunities, focuses on nurturing future leaders through innovative programs and a conducive learning environment.

6. Institute of Management, Nirma University

Institute of Management, Nirma UniversityInstitute of Management, Nirma University

Key Details

  • Type: Private university
  • Established: 1996
  • Accreditation: NAAC
  • Ranking: 45th best B-school overall in NIRF Rankings 2022
  • Accepted Entrance Exams: CAT
  • Tuition Fees for MBA/PGDM: INR 8.6 lakh – 19.6 lakh
  • Admissions: IPMAT 2024 exam on May 23, 2024

Established in 1996, the prestigious Institute of Management, Nirma University is known for grooming future business leaders. Offering specialized MBA programs and integrated options combining business studies with computer science or engineering, IMNU provides a comprehensive professional education. With a strong alumni network, 100% placement rate, and commitment to quality education, IMNU attracts students seeking a well-rounded academic experience.

7. Adani University – FMS

Adani University - FMSAdani University – FMS

Key Details

  • Type: Private university
  • Established: 2009
  • Accepted Entrance Exams: CAT, XAT, CMAT, ATMA
  • Tuition Fees for MBA/PGDM: INR 8.6 lakh – 3.3 lakh
  • Admissions: Open for the academic year 2024-25

Established in 2009, Adani University – FMS offers a 2-year MBA program in infrastructure management, catering to individuals aspiring to work in the infrastructure sector. The MBA college in Ahmedabad provides specialized electives in areas like energy and real estate, transportation, and urban infrastructure, along with a strong emphasis on practical learning.

8. Narayana Business School

Narayana Business SchoolNarayana Business School

Key Details

  • Type: Private business school
  • Established: 2001
  • Accreditation: UGC, AICTE
  • Ranking: 27th among top private B-schools in India by IIRF Ranking 2024
  • Accepted Entrance Exams: NBSAT
  • Tuition Fees for MBA/PGDM: INR 8 lakh – 10.8 lakh
  • Admissions: Open for PGDM courses for the academic year 2024

Established in 2001, Narayana Business School (NBS) is a reputed business school known for its practical learning approach. Ranked among the top 27 private B-schools in India by IIRF 2024, NBS offers programs like MBA, PGDM in data science and analytics, and PGDM in quantitative finance. With a strong focus on industry partnerships, a 100% placement record, and emphasis on leadership development, NBS prepares students for successful careers.

9. B.K. School of Professional and Management Studies

B.K. School of Professional and Management StudiesB.K. School of Professional and Management Studies

Key Details

  • Type: Public business school
  • Established: 1976
  • Approval: AICTE
  • Ranking: 19th among Public B-Schools in India by Outlook in 2021
  • Accepted Entrance Exams: CAT, CMAT
  • Tuition Fees for MBA/PGDM: INR 40 thousand – 2 lakh
  • Admissions: Online application for MBA admission available

Established in 1976, the B.K. School of Professional and Management Studies offers a range of undergraduate and postgraduate programs in business and management. With specializations in finance and marketing, the institution’s curriculum includes BBA, PG, MBA, and Certificate courses, delivered by experienced faculty. Known for its strong reputation and high education quality, B.K. School is a popular choice for students seeking a professional degree in Gujarat.

10. Amrut Mody School of Management

Amrut Mody School of ManagementAmrut Mody School of Management

Key Details

  • Type: Private institute
  • Established: 2000
  • Accreditation: AACSB
  • Ranking: Ranked between 151-200 in NIRF Universities category for 2023
  • Accepted Entrance Exams: CAT, MAT, CMAT, XAT
  • Tuition Fees for MBA/PGDM: INR 10 lakh – 20 lakh
  • Admissions: Application deadline for UG or PG courses till Mar 15, 2024

Amrut Mody School of Management (AMSOM), situated at the University of Ahmedabad, is a renowned business school offering undergraduate, postgraduate, and doctoral management programs. Focused on holistic development through a diverse curriculum and international connections, AMSOM prepares students to become leaders in a rapidly evolving business landscape.


1. What are the fees for an MBA in Ahmedabad?

The total program fee for PGP courses at IIM Ahmedabad ranges from INR 12 lakh to INR 25 lakh, with IIM Ahmedabad being the most expensive. Currently, the total program fee for an MBA degree is approximately INR 25 lakh.

2. Which entrance exams are accepted by MBA colleges in Ahmedabad?

Common entrance exams for MBA programs in Ahmedabad include CAT, XAT, GMAT, and CMAT, with specific colleges conducting their entrance exams.

3. What specializations are available in MBA programs offered in Ahmedabad?

MBA programs in Ahmedabad offer diverse specializations such as finance, marketing, human resources, information technology, operations management, entrepreneurship, and more.

4. What are the placement opportunities after an MBA from Ahmedabad?

Top MBA colleges in Ahmedabad boast excellent placement records, with major national and international companies recruiting graduates, offering promising job prospects across various sectors.


MBA colleges in Ahmedabad play a pivotal role in India’s business education landscape, offering quality education delivered by experienced faculty with strong industry connections. The city’s entrepreneurial spirit makes it an ideal destination for aspiring business owners. With a focus on practical learning and industry-relevant curriculum, MBA colleges in Ahmedabad prepare students for successful careers, making them a preferred choice for those seeking a comprehensive MBA experience.