Top MBA Colleges in India 2022

Top MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode and IIM Indore according to the MHRD-NIRF rankings 2022. Other popular B-Schools such as XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management and Department of Management Studies of the IITs also rank among top MBA colleges in India as per the NIRF rankings as well as other B-school surveys such as by India Today, Outlook and Business Today.  

Among the top MBA colleges in India, a few of them are also usually ranked as the best among all globally. For example, In the Asia-Pacific B-Schools ranking 2021 by Bloomberg Businessweek the ISB has been ranked at the fifth position while IIM Bangalore has been ranked sixth.

IIM Ahmedabad, IIM Bangalore and SPJIMR have also been ranked among global top 50 institutes in the latest Financial Times Masters in Management (MiM) Rankings 2021. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th and IIM Bangalore has been ranked 47th. Read below all about MBA rankings and best MBA colleges in India.

Top MBA Colleges in India: Highlights

Check out key highlights of top MBA colleges in India. This quick overview will help in better college selection.


Particulars/ Statistics

No. of MBA Colleges in India

5,000 (Approximately)


-Annual fee < Rs 10 lakh: 6%

– Annual fee >Rs 10 lakh: 94%

Top Specialisations

General Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism

Admission Process

Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP

Top MBA Colleges in India 


The two-year MBA programme is a gateway to a range of job and entrepreneurial opportunities. This course provides knowledge and training in business administration and operations which are essential for running an organisation. The MBA programme develops communication skills and leadership qualities in the individual, as well.

Students from any background, including Science, Commerce and Humanities can pursue MBA. The full-time MBA is the most popular among all, and includes theory classes, practical projects and internships. Fresh graduates as well as candidates with a few years of work experience opt for a full-time MBA. There are over 5,000 MBA colleges in India that offer the course in various specialisations. Some B-Schools offer an MBA degree while some offer PG diploma (PGDM/PGPM). 

MBA Colleges in India Eligibility Criteria

The eligibility criteria for pursing an MBA course is graduation or equivalent from a recognised university. However, the minimum score requirement may vary for niche specialisations. Given below are the basic eligibility criteria for MBA.

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university as a basic eligibility criteria for MBA (full-time)
  • Most of the institutes follow the minimum score criteria in graduation as per the AICTE i.e. 50 per cent aggregate or equivalent and five per cent relaxation to students belonging to reserved categories.
  • Professional degree holders such as MBBS/CA/CS/ICWAI, etc. are also eligible to pursue MBA

Top 10 MBA Colleges in India with NIRF Ranking 2022

The Ministry of Education, Government of India, releases an annual ranking of top MBA colleges in India under the National Institutional Ranking Framework or NIRF. The all-India ranking is given to 100 best MBA colleges in India on the basis of several parameters such as teaching, learning and resources, research and professional practices, graduation outcomes, outreach and inclusivity and perception. Given below is the list of the top 10 MBA colleges in India as per the NIRF ranking 2022. Along with NIRF ranking, we have shared the Shiksha aggregate rating of the top 10 MBA colleges in India, given by the students based on five different parameters such as placements, infrastructure, faculty & course, curriculum, crowd & campus life and value for money.
Top 10 MBA Colleges in India NIRF MBA Ranking 2022
IIM Ahmedabad 1
IIM Bangalore 2
IIM Calcutta 3
IIT Delhi DoMS 4
IIM Kozhikode 5
IIM Lucknow 6
IIM Indore 7
XLRI Jamshedpur 8
NITIE Mumbai 9
IIT Madras-DoMS 10


NIRF ' 22

IIM Ahmedabad - Indian Institute of Management


Fees: ₹ 16.99 Lakh | Salary : ₹ 27.60 Lakh


NIRF ' 22

Indian Institute of Management, Bangalore


Fees: ₹ 24.50 Lakh | Salary : ₹ 25.00 Lakh


NIRF ' 22

Indian Institute of Management, Calcutta


Fees: ₹ 2.88 Lakh | Salary : ₹ 27.67 Lakh


NIRF ' 22

Department of Management Studies, IIT Delhi


Fees: ₹ 10.40 Lakh | Salary : ₹ 16.20 Lakh


NIRF ' 22

Indian Institute of Management, Kozhikode


Fees: ₹ 20.50 Lakh | Salary : ₹ 20.00 Lakh


NIRF ' 22

Indian Institute of Management, Lucknow


Fees: ₹ 12.60 Lakh | Salary : ₹ 23.50 Lakh


NIRF ' 22

Indian Institute of Management, Indore


Fees: ₹ 15.95 Lakh | Salary : ₹ 22.60 Lakh


NIRF ' 22

XLRI Xavier School of Management


Fees: ₹ 25.80 Lakh | Salary : ₹ 23.00 Lakh


NIRF ' 22

National Institute of Industrial Engineering


Fees: ₹ 11.33 Lakh | Salary : ₹ 19.50 Lakh


NIRF ' 22

DoMS IIT Madras - Department of Management Studies


Fees: ₹ 8.00 Lakh | Salary : ₹ 13.00 Lakh​