Top 50 MBA Colleges in India: NIRF 2025 Rankings, Fees, Placements & Guides
Top 50 MBA Colleges in India: NIRF 2025 Rankings, Fees, Placements & Guides
Choosing the right MBA college in India can make a massive difference in your career trajectory. With hundreds of business schools and multiple ranking lists floating around, it's easy to feel overwhelmed.
To help you make data-driven decisions, this guide by EduNext lists the Top 50 MBA colleges in India based on the official NIRF 2025 Management Rankings released by the Ministry of Education. You'll find a comprehensive table right at the top, followed by detailed analysis, entrance exam info, ROI guidance, and tips on how to make the right choice for your future.
Let's start with the most important part: the updated NIRF rankings you've been searching for.
Top 50 MBA Colleges in India (NIRF 2025 Rankings)
| NIRF Rank 2025 | MBA College | City/State | Typical Entrance Exam | Avg Fees (₹) | Avg Package (₹) |
|---|---|---|---|---|---|
| 1 | Indian Institute of Management Ahmedabad | Ahmedabad, Gujarat | CAT | ₹25–27 L | ₹35 LPA |
| 2 | Indian Institute of Management Bangalore | Bengaluru, Karnataka | CAT | ₹24–26 L | ₹35 LPA |
| 3 | Indian Institute of Management Kozhikode | Kozhikode, Kerala | CAT | ₹22–24 L | ₹29–30 LPA |
| 4 | Indian Institute of Technology Delhi (DMS) | New Delhi, Delhi | CAT/GMAT | ₹11–14 L | ₹24–26 LPA |
| 5 | Indian Institute of Management Lucknow | Lucknow, UP | CAT | ₹21–23 L | ₹30 LPA |
| 6 | Indian Institute of Management Mumbai (IIM Mumbai / ex-NITIE) | Mumbai, Maharashtra | CAT | ₹14–16 L | ₹25–28 LPA |
| 7 | Indian Institute of Management Calcutta | Kolkata, WB | CAT | ₹27–29 L | ₹34 LPA |
| 8 | Indian Institute of Management Indore | Indore, MP | CAT | ₹21–23 L | ₹30 LPA |
| 9 | Management Development Institute (MDI) | Gurugram, HR | CAT | ₹23–25 L | ₹26–28 LPA |
| 10 | XLRI – Xavier School of Management | Jamshedpur, Jharkhand | XAT | ₹25–27 L | ₹31–32 LPA |
| 11 | Symbiosis Institute of Business Management (SIBM) | Pune, MH | SNAP | ₹22–24 L | ₹25–26 LPA |
| 12 | Indian Institute of Technology Kharagpur (VGSOM) | Kharagpur, WB | CAT/GMAT | ₹10–11 L | ₹23–24 LPA |
| 13 | Indian Institute of Technology Madras (DOMS) | Chennai, TN | CAT/GMAT | ₹10–12 L | ₹22–24 LPA |
| 14 | Indian Institute of Technology Bombay (SJMSOM) | Mumbai, MH | CAT/GMAT | ₹12–14 L | ₹26–28 LPA |
| 15 | Indian Institute of Management Raipur | Raipur, CG | CAT | ₹15–17 L | ₹22–24 LPA |
| 16 | Indian Institute of Management Tiruchirappalli | Trichy, TN | CAT | ₹14–16 L | ₹23–25 LPA |
| 17 | Indian Institute of Foreign Trade (IIFT) | New Delhi / Kolkata | IIFT | ₹19–21 L | ₹29–30 LPA |
| 18 | Indian Institute of Management Ranchi | Ranchi, JH | CAT | ₹16–18 L | ₹22–24 LPA |
| 19 | Indian Institute of Management Rohtak | Rohtak, HR | CAT | ₹17–19 L | ₹23–25 LPA |
| 20 | S. P. Jain Institute of Management & Research | Mumbai, MH | CAT/XAT | ₹23–25 L | ₹30–32 LPA |
| 21 | Indian Institute of Management Udaipur | Udaipur, RJ | CAT | ₹13–15 L | ₹20–22 LPA |
| 22 | Indian Institute of Technology Roorkee | Roorkee, UK | CAT/GMAT | ₹10–12 L | ₹21–23 LPA |
| 23 | Indian Institute of Management Kashipur | Kashipur, UK | CAT | ₹12–14 L | ₹20–22 LPA |
| 24 | SVKM's NMIMS Institute of Management | Mumbai, MH | NMAT | ₹20–22 L | ₹25–27 LPA |
| 25 | Indian Institute of Management Nagpur | Nagpur, MH | CAT | ₹11–13 L | ₹20–22 LPA |
| 26 | Amrita Vishwa Vidyapeetham | Coimbatore, TN | CAT/MAT | ₹9–11 L | ₹15–18 LPA |
| 27 | Indian Institute of Technology Kanpur | Kanpur, UP | CAT/GMAT | ₹10–12 L | ₹20–22 LPA |
| 28 | Jamia Millia Islamia | New Delhi | CUET-PG / CAT | ₹7–9 L | ₹18–20 LPA |
| 29 | Indian Institute of Management Visakhapatnam | Vizag, AP | CAT | ₹11–13 L | ₹18–20 LPA |
| 30 | Institute of Management Technology | Ghaziabad, UP | CAT/XAT | ₹15–17 L | ₹17–19 LPA |
| 31 | Indian Institute of Management Bodh Gaya | Gaya, Bihar | CAT | ₹12–14 L | ₹17–19 LPA |
| 32 | Chandigarh University | Mohali, PB | CUET/MAT | ₹10–12 L | ₹14–16 LPA |
| 33 | MICA – Mudra Institute of Communications | Ahmedabad, GJ | CAT/MAT | ₹10–12 L | ₹15–17 LPA |
| 34 | Indian Institute of Management Sambalpur | Sambalpur, OD | CAT | ₹10–12 L | ₹16–18 LPA |
| 35 | IIM Jammu | Jammu & Kashmir | CAT | ₹10–12 L | ₹16–18 LPA |
| 36 | UPES Dehradun | Dehradun, UK | CAT/MAT | ₹8–10 L | ₹14–16 LPA |
| 37 | Great Lakes Institute of Management | Chennai, TN | CAT/GMAT | ₹12–14 L | ₹17–19 LPA |
| 38 | IMI Delhi | New Delhi | CAT/XAT | ₹14–16 L | ₹15–18 LPA |
| 39 | Jaipuria Institute of Management | Noida, UP | CAT/MAT | ₹8–10 L | ₹14–16 LPA |
| 40 | IMI Kolkata | Kolkata, WB | CAT/MAT | ₹8–10 L | ₹14–16 LPA |
| 41 | Goa Institute of Management | Sanquelim, Goa | CAT/MAT | ₹9–11 L | ₹14–16 LPA |
| 42 | Lovely Professional University | Phagwara, PB | MAT | ₹7–9 L | ₹12–15 LPA |
| 43 | XIM University | Bhubaneswar, OD | CAT/MAT | ₹7–9 L | ₹12–14 LPA |
| 44 | ICFAI Foundation for Higher Education | Hyderabad, TG | ICFAI Test/MAT | ₹6–8 L | ₹12–14 LPA |
| 45 | Thapar Institute of Engineering & Technology (Management) | Patiala, PB | CAT/MAT | ₹6–8 L | ₹12–14 LPA |
| 46 | Indian Institute of Technology (ISM) Dhanbad | Dhanbad, JH | CAT/GMAT | ₹8–10 L | ₹12–14 LPA |
| 47 | Amity University | Noida/ Gurgaon | MAT | ₹8–10 L | ₹12–14 LPA |
| 48 | Great Lakes Business School – Gurgaon | Gurgaon, HR | CAT/MAT | ₹8–10 L | ₹14–16 LPA |
| 49 | IIM Sirmaur | Sirmaur, HP | CAT | ₹8–10 L | ₹12–14 LPA |
| 50 | KJ Somaiya Institute of Management | Mumbai, MH | CAT/MAT | ₹7–9 L | ₹14–16 LPA |
How NIRF 2025 Ranks MBA Colleges (Quick Overview)
The National Institutional Ranking Framework (NIRF) evaluates all participating MBA and management colleges on five core parameters:
- Teaching, Learning & Resources
- Research & Professional Practice
- Graduation Outcomes
- Outreach & Inclusivity
- Perception
Understanding the MBA Entrance Exams
Most of the top MBA colleges in the NIRF list accept one or more of the following entrance exams:
- CAT: Accepted by IIMs, MDI, XLRI (as alternate), SPJIMR, IMI
- XAT: Mandatory for XLRI and accepted by several private B-schools
- SNAP: Required for Symbiosis institutes
- NMAT: Used by NMIMS and some private universities
- GMAT/GRE: Accepted by select colleges including IITs and some international programs
- MAT & CMAT: Accepted by many emerging management institutes
If you're unsure which exams to focus on, EduNext can help you shortlist based on your profile and goals.
Fees vs Placements: Understanding MBA ROI
Choosing a top MBA college isn't just about rank — it's about Return on Investment (ROI). A few points to consider:
High ROI Options
- IIM Mumbai, XLRI, MDI, IIFT — Strong placements with comparatively moderate fees
- SVKM's NMIMS, IMT Ghaziabad, Great Lakes — Good corporate exposure and industry linkages
Premium Brand Colleges
- IIM Ahmedabad, Bangalore, Kozhikode, IIT Delhi — Top packages and leadership roles
- These may have higher fees but often justify them through placements and alumni networks
Breaking down ROI helps you choose the right college for your career, not just the highest-ranked name.
How to Choose the Right MBA College from the Top 50
Here's a practical self-assessment checklist you can use:
| Question | Why It Matters |
|---|---|
| Which entrance exam scores do I have? | Determines eligibility |
| What specialization am I targeting? | Finance, Marketing, Analytics, HR, etc. |
| What is my budget and willingness to invest? | Aligns affordability with ROI |
| Do I want brand prestige or practical placements? | Helps shortlist wisely |
| Do I have work experience? | Improves profile in some cases |
EduNext offers personalized counseling to map your MBA goals with the right college options.
Common Mistakes Students Make While Choosing MBA Colleges
Avoid these pitfalls:
- Choosing solely based on rankings
- Ignoring specialization strength
- Believing only the "highest package" claim
- Not checking median salaries
- Applying without a targeted plan
A smart college choice is both strategic and aligned with your career goals.
Conclusion
The Top 50 MBA colleges in India (NIRF 2025) list above covers premier IIMs, top IIT management programs, leading private B-schools, and emerging institutes with strong potential. It gives you a comprehensive overview of quality, reputation, and outcomes — all backed by official NIRF rankings.
If you're still unsure which path to choose, EduNext is here to help with personalized guidance that considers your profile, goals, and strengths.
Take the Next Step with EduNext
Choosing the right MBA college can shape your future. If you want personalized guidance based on your profile and career goals, EduNext's expert counselors are here to help.
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