Top MBA colleges in India (2020 update)

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  1. Introduction
  2. List of the top MBA colleges in India for 2020
  3. Conclusion



The rankings for the top MBA colleges in India are provided by agencies such as NIRF, Economic times, and business today. They consider various factors that include-mass popularity of the college, placement cells, faculty, and annual fees before ranking the MBA colleges.


List of the top MBA colleges in India for 2020

1. IIM Ahmedabad

IIM Ahmedabad occupies the top rank on the list. It is one of the 20 IIMs in India. IIM-A offers postgraduate as well as research programs to students. Its most famous and essential program – the postgraduate program is one of the toughest ones in India.


2. IIM Bangalore

IIM Bangalore is one of the oldest and the most reputed amongst all MBA colleges in Bangalore and also in India. It offers postgraduate, doctoral programs and courses offering specialization in entrepreneurship, public policy, and other areas.


3. IIM Calcutta

IIM Calcutta is one of the top MBA colleges in Kolkata and is also one of the top business schools in Asia. Established in the year 1961, it became the first triple-accredited B-school in India. It offers a wide range of postgraduate programs in India.


4. XLRI Xavier School of Management

Top MBA colleges in India

XLRI Xavier school of management is situated in Jamshedpur and is amongst the oldest business schools in India. It was founded in the year 1949. It includes several flagship programs like the postgraduate program in business management and the full-time general management program. It also offers a management development program or MDP along with e-MDPs.


5. Symbiosis Institute of Business Management, Pune

Top MBA colleges in India

Symbiosis Institute of Business Management, Pune, is ranked fifth in this list. It is considered every B-school aspirant’s top priority amongst the rest of the MBA colleges in Pune and elsewhere in the country. SIBM offers a two year MBA program along with an MBA (I &E).



NMIMS or Narsee Monjee Institute of management studies is one of the best MBA colleges in Mumbai. It accepts NIMAT by GMAC scores for admissions into its MBA program. The next step after submitting the scores is a personal interview and case discussion session, after which aspirants are given admissions.


7. IMT Ghaziabad

Top MBA colleges in India

IMT Ghaziabad institute of management technology offers programs such as PGDM, Executive PGDM, and FPM.


8. IIM Lucknow

Top MBA colleges in India

IIM Lucknow is recognized as an institute of excellence by the MHRD. It offers courses in fields like PGP and EPGP. It became the first IIM to establish a satellite campus in another city.


9. MDI Gurgaon

MDI Gurgaon management development institute was established in 1973, and today it is one of the leading B-schools across India. The private institute was founded by the Industrial Financial Corporation of India. It has another campus in Murshidabad in West Bengal. In 2005, MDI Gurgaon was provided international accreditation by the AMBA-association of MBAs.


10. IIM Kozhikode

IIM Kozhikode is acknowledged as the fastest developing and expanding institute in India. Its executive management education program is one of the toughest ones offered in India.


11. IIM Indore

Top MBA colleges in India

IIM Indore was established in 1996. Along with providing a residential program in management, it also offers a fellowship program in management.


12. S.P. Jain Institute of Management and Research

Top MBA colleges in India

S.P. Jain Institute of Management and Research is located in Mumbai. It is a part of Bharatiya Vidya Bhavan but also functions independently. The institute was established in 1981 and has been listed in the top 10 MBA institutes each year. Its popular courses include PGDM, PGPFMB, and Management development program.


13. IIFT Delhi

IIFT Delhi is one of the top MBA colleges in Delhi. In order to get into the Indian institute of foreign trade, students will have to go through the IIFT entrance exam and then a personal interview round.


14. Department of Management Studies Delhi

Department of management studies Delhi offers management programs like MBA telecom, executive MBA. 


15. Jamnalal Bajaj Institute of Management Studies

Top MBA colleges in India

Jamnalal bajaj institute of management studies is a constituent of the University of Mumbai and was established in 1965. Therefore it is one of the very few early B-schools established in India. It offers MSc finance and a Masters in management studies program. It also offers a Ph.D. program along with various part-time courses.



Other than the 15 colleges listed above, Anna University is one of the fastest-growing MBA colleges in Chennai. School of Management Studies is also considered as a top MBA institute in Hyderabad as well as the entire country. The institutes and colleges mentioned above have been decided after analyzing various parameters like employability standards, students to teachers ratio, and the overall academic environment offered.

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After much debate with herself. Nitika has finally started to follow her passion for writing. Apart from this she likes puncturing beauty myths and gorging on books.


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