Best MBA Colleges in India 2024: Rankings, Placements, Fees, Admissions, and Cutoffs
The top MBA colleges in India, according to the NIRF MBA ranking 2023, include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIT Delhi, XLRI Jamshedpur, IIM Lucknow, and IIM Mumbai. Admission to these institutions is based on entrance exams such as CAT, GMAT, SNAP, XAT, and MAT, followed by a Group Discussion (GD) or Personal Interview (PI). The fee structure for these programs ranges from INR 50,000 to INR 31.2 lakh, while the average salary package for graduates ranges between INR 7 lakh and INR 15 lakh per annum.
Graduates from prestigious institutions like IIM, ISB, and IIT have seen a notable rise in salaries, with an increase of 3 to 30 percent. IIM Calcutta, for instance, recorded the highest annual salary package at INR 1.2 crore in the 2024 final placements.
Top management colleges in India, from IIM Ahmedabad to IIM Kozhikode, are continuously evolving their MBA curriculums to offer more hands-on learning experiences. Additionally, FMS Delhi stands out as the top MBA college with affordable fees, set at INR 2 lakh, and an impressive average salary package of INR 34 lakh per annum.
