Top MBA Colleges in India 2017

The Master of Business Association is a master’s degree in business administration designed to enrich the skills of the professionals for business and management careers. With the degree of MBA, one gets the exposure for various dimensions of business including finance, human resources, marketing, etc. which are required for the roles of top management.

Due to the vast career prospects of an MBA degree, it has now become a very popular and important degree for the people from the corporate world. Better career and financial growth, entrepreneurial skills, better managerial skills and better job security are a few important benefits of a degree in MBA.

So, after deciding for an MBA degree, one of the most important questions that arise is about the selection of course and the college. The college always has an important role in providing excellent courses and best packages for the students.

Most of the colleges give admission through CAT and GMAT scores, while many colleges take their own exams or through other equivalent exams for admissions. So, here a completely unbiased list of top MBA colleges in India are given which provide the students with excellent experiences and packages in the country.

1. Indian Institute of Management- Ahmedabad (IIM-A)

Established:                             1961
Ownership and Affiliation :     Government owned, Autonomous
Admission through :               CAT, GMAT
Expected Cut-off (%) :             100 (CAT)
Permanent faculties :              92
Average Salary (lakhs) :           22
Important Accreditations :     EFMD EQUIS

2. Indian Institute of Management- Calcutta (IIM-C)
   

Established:                             1961
Ownership and Affiliation :     Government owned, Autonomous
Admission through :               CAT, GMAT
Expected Cut-off (%) :             99.59 (CAT)
Permanent faculties :              89
Average Salary (lakhs) :           21.14
Important Accreditations :     AACSB, EFMD EQUIS, AMBA

3. Indian Institute of Management- Bangalore (IIM-B)

Established:                             1973
Ownership and Affiliation :     Government owned, Autonomous
Admission through :               CAT, GMAT
Expected Cut-off (%) :             99 (CAT)
Permanent faculties :              81
Average Salary (lakhs) :           21.03
Important Accreditations :     EFMD EQUIS

4. Xavier School of Management (XLRI)- Jamshedpur

Established:                             1949
Ownership and Affiliation :     Private, Society of Jesus
Admission through :               XAT, GMAT
Expected Cut-off (%) :             96 (XAT)
Permanent faculties :              82
Average Salary (lakhs) :           18.50
Important Accreditations :     AACSB, AMBA

5. Faculty of Management Studies (FMS)- New Delhi

Established:                             1954
Ownership and Affiliation :     Government owned, University of Delhi
Admission through :               CAT
Expected Cut-off (%) :             99.30
Permanent faculties :              26
Average Salary (lakhs) :           20.50
Important Accreditations :     None

6. Management Development Institute (MDI)- Gurgaon

Established:                             1973
Ownership and Affiliation :     Private, Autonomous
Admission through :               CAT
Expected Cut-off (%) :             94.09
Permanent faculties :              82
Average Salary (lakhs) :           18.53
Important Accreditations :     AMBA

7. P. Jain Institute of Management and Research- Mumbai

Established:                             1981
Ownership and Affiliation :     Private, Autonomous
Admission through :               CAT
Expected Cut-off (%) :             93.00
Permanent faculties :              67
Average Salary (lakhs) :           19.00
Important Accreditations :     AMBA

8. Indian Institute of Foreign Trade (IIFT)- Delhi

Established:                             1963
Ownership and Affiliation :     Government owned, Autonomous
Admission through :               GMAT, IIFT
Expected Cut-off (%) :                –
Permanent faculties :              44
Average Salary (lakhs) :           15.38
Important Accreditations :     None

9. International Management Institute- Delhi

Established:                             1981
Ownership and Affiliation :     Private
Admission through :               CAT
Expected Cut-off (%) :             90.00
Permanent faculties :              62
Average Salary (lakhs) :           12.54
Important Accreditations :     AMBA

10. Indian Institute of Management- Indore

Established:                             1996
Ownership and Affiliation :     Government owned, Autonomous
Admission through :               CAT, IPMAT
Expected Cut-off (%) :             90.11
Permanent faculties :              91
Average Salary (lakhs) :           15.67
Important Accreditations :     AMBA

This list of colleges can surely help the MBA aspirants to select the best college according to their preference and choice. Though these colleges attract huge competition, one can still get into these institutes with genuine dedication and efforts. It is very important to have a proper preparation for the GMAT and CAT exam since most of the good colleges require a decent score from these exams.

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 About the author: With a degree in Engineering, Souvik Bhattacharjee is a content writer by profession. He loves writing and blogging along with part-time teaching. He is presently exploring all about the digital education with Byju’s-the Learning App. You can reach him at souvik.bhattacharjee [at] byjus.com