Top MBA Colleges in India Based on 2024 NIRF Ranking Revealed!

The most recent NIRF Ranking List 2024 presents India’s best-performing MBA colleges and universities. NIRF is a comprehensive compilation of listings that is a valuable resource for students looking for options for higher education. The NIRF ranking methodology carefully assesses colleges according to infrastructure, research output, faculty ability, and academic quality. This ranking helps students make well-informed decisions and learn about top-tier universities that are industry leaders by consulting the NIRF rating list.

In this article, we shall learn about NIRF rankings, the top MBA colleges in India, their fee structure, and the top private and government colleges, as well as their placement scenarios.

 

Also Read: World’s Best MBA Colleges for 2024

What is NIRF?

The MHRD introduced the National Institutional Ranking Framework (NIRF). It was launched on 29th September 2015 by the then Minister of Human Resource Development. National Institutional Ranking Framework (NIRF) is a methodology to rank institutions in India. The methodology derives from the broad knowledge and overall suggestions reached by a Core Committee established by MHRD to determine the general parameters for rating different universities and institutes. Some of the broad topics covered under this are “Teaching, Learning, and Resources,” “Research and Professional Practices,” “Graduation Outcomes,” “Outreach and Inclusivity,” and “Perception”.

Overview of NIRF Ranking 2024

NIRF rankings for 2024 will help candidates make wise and informed decisions to choose their higher studies wisely. NIRF lists the top B schools across the country.

MBA Colleges List: NIRF Ranking 2024 Management

The table below shows the list of top MBA colleges according to NIRF 2023 with their state, score, and rankings.

List of Top 100 MBA Colleges in India
Institute	State	City	Score	Ranking
Indian Institute of Management Ahmedabad	Gujarat	Ahmedabad	83.20	1
Indian Institute of Management Bangalore	Karnataka	Bengaluru	80.89	2
Indian Institute of Management Kozhikode	Kerala	Kozhikode	76.48	3
Indian Institute of Management Calcutta	West Bengal	Kolkata	75.53	4
Indian Institute of Technology Delhi	Delhi	New Delhi	74.14	5
Indian Institute of Management Lucknow	Uttar Pradesh	Lucknow	74.11	6
National Institute of Industrial Engineering, Mumbai	Maharashtra	Mumbai	71.99	7
Indian Institute of Management Indore	Madhya Pradesh	Indore	71.95	8
XLRI-Xavier School of Management	Jharkhand	Jamshedpur	70.75	9
Indian Institute of Technology Bombay	Maharashtra	Mumbai	68.11	10
Indian Institute of Management Raipur	Chhattisgarh	Raipur	66.18	11
Indian Institute of Management Rohtak	Haryana	Rohtak	65.88	12
Management Development Institute	Haryana	Gurugram	64.88	13
Indian Institute of Technology Kharagpur	West Bengal	Kharagpur	63.92	14
Indian Institute of Technology Madras	Tamil Nadu	Chennai	62.83	15
Indian Institute of Management Udaipur	Rajasthan	Udaipur	62.78	16
Symbiosis Institute of Business Management	Maharashtra	Pune	62.74	17
Indian Institute of Technology Roorkee	Uttarakhand	Roorkee	62.14	18
Indian Institute of Management Kashipur	Uttarakhand	Kashipur	61.07	19
S.P. Jain Institute of Management & Research	Maharashtra	Mumbai	60.91	20
SVKM`s Narsee Monjee Institute of Management Studies	Maharashtra	Mumbai	60.84	21
Indian Institute of Management Tiruchirappalli	Tamil Nadu	Tiruchirappalli	60.83	22
Indian Institute of Technology Kanpur	Uttar Pradesh	Kanpur	60.63	23
Indian Institute of Management Ranchi	Jharkhand	Ranchi	59.99	24
Jamia Millia Islamia, New Delhi	Delhi	New Delhi	59.78	25
Indian Institute of Management Shillong	Meghalaya	Shillong	59.12	26
Indian Institute of Foreign Trade	Delhi	New Delhi	58.60	27
Amity University	Uttar Pradesh	Gautam Budh Nagar	58.56	28
Indian Institute of Management Visakhapatnam	Andhra Pradesh	Visakhapatnam	57.57	29
Amrita Vishwa Vidyapeetham	Tamil Nadu	Coimbatore	57.02	30
Great Lakes Institute of Management	Tamil Nadu	Chennai	56.62	31
Lovely Professional University	Punjab	Phagwara	56.44	32
Goa Institute of Management	Goa	Sanquelim	56.28	33
International Management Institute	Delhi	New Delhi	56.05	34
National Institute of Technology Tiruchirappalli	Tamil Nadu	Tiruchirappalli	56.01	35
Chandigarh University	Punjab	Mohali	55.98	36
MICA	Gujarat	Ahmedabad	55.47	37
Institute of Management Technology, Ghaziabad	Uttar Pradesh	Ghaziabad	55.26	38
UPES	Uttarakhand	Dehradun	54.83	39
ICFAI Foundation for Higher Education, Hyderabad	Telangana	Hyderabad	54.29	40
Indian Institute of Management Jammu (IIMJ)	Jammu and Kashmir	Jammu	54.17	41
T. A. Pai Management Institute Manipal	Karnataka	Manipal	53.48	42
Indian Institute of Management	Maharashtra	Nagpur	53.41	43
Indian Institute of Technology (Indian School of Mines)	Jharkhand	Dhanbad	52.64	44
K J Somaiya Institute of Management Studies and Research	Maharashtra	Mumbai Suburban	52.14	45
XIM University	Odisha	Bhubaneswar	52.09	46
Jaipuria Institute of Management	Uttar Pradesh	Noida	51.81	47
Birla Institute of Management Technology	Uttar Pradesh	Greater Noida	51.74	48
Anna University	Tamil Nadu	Chennai	51.67	49
Thapar Institute of Engineering and Technology	Punjab	Patiala	51.67	49
Indian Institute of Management, Amritsar	Punjab	Amritsar	51.30	51
Koneru Lakshmaiah Education Foundation University	Andhra Pradesh	Vaddeswaram	51.29	52
Indian Institute of Management Bodh Gaya	Bihar	Gaya	51.28	53
Institute of Rural Management Anand	Gujarat	Anand	51.19	54
Aligarh Muslim University	Uttar Pradesh	Aligarh	51.18	55
Banaras Hindu University	Uttar Pradesh	Varanasi	51.07	56
Siksha O Anusandhan	Odisha	Bhubaneswar	51.03	57
Indian Institute of Management Sambalpur	Odisha	Sambalpur	50.90	58
Kalinga Institute of Industrial Technology	Odisha	Bhubaneswar	50.78	59
Christ University	Karnataka	Bengaluru	50.69	60
Nirma University	Gujarat	Ahmedabad	50.04	61
Great Lakes Institute of Management, Gurgaon	Haryana	Gurgaon	49.95	62
Fore School of Management	Delhi	New Delhi	49.85	63
Chitkara University	Punjab	Rajpura	49.80	64
Graphic Era University	Uttarakhand	Dehradun	49.77	65
Guru Gobind Singh Indraprastha University	Delhi	New Delhi	49.71	66
International Management Institute	Odisha	Bhubaneswar	49.30	67
Atal Bihari Vajpayee Indian Institute of Information Technology and Management	Madhya Pradesh	Gwalior	49.13	68
Malaviya National Institute of Technology	Rajasthan	Jaipur	48.98	69
International Management Institute	West Bengal	Kolkata	48.43	70
Saveetha Institute of Medical and Technical Sciences	Tamil Nadu	Chennai	48.34	71
BML Munjal University	Haryana	Gurgaon	48.27	72
Principal L N Welingkar Institute of Management Development and Research	Maharashtra	Mumbai	48.21	73
Krea University	Andhra Pradesh	Sri City, Chittoor	48.00	74
National Institute of Technology Calicut	Kerala	Kozhikode	47.99	75
National Institute of Bank Management	Maharashtra	Pune	47.08	76
Birla Institute of Technology	Jharkhand	Ranchi	46.96	77
Babasaheb Bhimrao Ambedkar University	Uttar Pradesh	Lucknow	46.61	78
Manipal University Jaipur	Rajasthan	Jaipur	46.23	79
Jaipuria Institute of Management	Rajasthan	Jaipur	46.15	80
Amity University Haryana, Gurgaon	Haryana	Gurugram	46.07	81
Panjab University	Chandigarh	Chandigarh	46.05	82
Rajagiri Business School	Kerala	Cochin	46.03	83
Institute of Management Technology	Telangana	Hyderabad	45.78	84
Jain University, Bangalore	Karnataka	Bengaluru	45.63	85
Bharathidasan Institute of Management	Tamil Nadu	Tiruchirappalli	45.59	86
Alliance University	Karnataka	Bengaluru	45.55	87
Jagan Institute of Management Studies	Delhi	Delhi	45.54	88
PSG College of Technology	Tamil Nadu	Coimbatore	45.44	89
Thiagarajar School of Management	Tamil Nadu	Madurai	44.79	90
Galgotias University	Uttar Pradesh	Gautam Budh Nagar	44.30	91
Jaipuria Institute of Management	Uttar Pradesh	Lucknow	44.22	92
Tezpur University	Assam	Tezpur	44.01	93
Pandit Deendayal Energy University	Gujarat	Gandhinagar	43.92	94
Visvesvaraya Technological University	Karnataka	Belgaum	43.84	95
Jamia Hamdard	Delhi	New Delhi	43.74	96
National Institute of Agricultural Extension Management	Telangana	Hyderabad	43.47	97
Indian Institute of Management	Himachal Pradesh	Sirmaur	43.26	98
New Delhi Institute Of Management	Delhi	Delhi	42.61	99
Guru Jambheshwar University of Science and Technology	Haryana	Hisar	42.13	100

Top 10 MBA Colleges in India

There are many colleges in India that offer an MBA degree. However, NIRF ranks colleges every year. The table below shows the list of the top 10 MBA colleges with their global rankings.

List of Top 10 MBA Colleges in India
Institute	NIRF Ranking 2023	Global Ranking
Indian Institute of Management, (IIM) Ahmedabad	1	41
Indian Institute of Management, (IIM) Bangalore	2	47
Indian Institute of Management, (IIM) Kozhikode	3	–
Indian Institute of Management, (IIM) Calcutta	4	67
Indian Institute of Technology, (IIT) Delhi	5	–
Indian Institute of Management, (IIM) Lucknow	6	85
IIM Mumbai (formerly known as NITIE)	7	–
Indian Institute of Management, (IIM) Indore	8	–
XLRI-Xavier School of Management	9	99
Indian Institute of Technology Bombay	10	–

Top 10 MBA Colleges in India with Fee Structure

There are many MBA colleges in India, and their fee structures are also different. The list of the top 10 MBA colleges in India with fee structures is tabled below.

List of Top 10 MBA Colleges in India with Fee Structure
Institute	Fee Structure (Total Fees)
Indian Institute of Management, (IIM) Ahmedabad	INR 33 lakh
Indian Institute of Management, (IIM) Bangalore	INR 25 lakh
Indian Institute of Management, (IIM) Kozhikode	INR 22.50 lakh
Indian Institute of Management, (IIM) Calcutta	INR 31 lakh
Indian Institute of Technology, (IIT) Delhi	INR 11.20 lakh
Indian Institute of Management, (IIM) Lucknow	INR 19.25 lakh
IIM Mumbai (formerly known as NITIE)	INR 11.07 lakh
Indian Institute of Management, (IIM) Indore	INR 10.12 lakh
XLRI-Xavier School of Management	INR 23.15 lakh
Indian Institute of Technology Bombay	INR 1.50 lakh

Eligibility Criteria of Top MBA Colleges in India

The minimum requirements for admission to India’s best MBA colleges may vary from college to college. The eligibility criteria for an MBA are listed below.

• A recognized university degree in any discipline or its equivalent is necessary for admission to the MBA program (full-time).
• The majority of institutions adhere to the 50% aggregate score requirement for graduation or an equivalent CGPA. The minimum aggregate for reserved category students is 45%, or an equivalent CGPA.
• Universities and colleges also admit students based on their results from admission tests such as the CAT, XAT, CMAT, MAT, and many more.

Top Private MBA Colleges in India

There are many MBA colleges in India however, the list of top private MBA colleges in India is tabled below.

List of Top Private MBA Colleges in India
SNo.	Institutes	Location	Fee Structure	Eligibility Criteria	Admission
1	XLRI-Xavier School of Management	Jamshedpur	INR 23.15 lakh	Bachelor’s degree of minimum three years duration or equivalent in any discipline	XAT, GMAT
2	Management Development Institute	Gurgaon	INR 16.70 lakh	Bachelor’s degree with 50% aggregate	CAT, XAT, MAT, GMAT
3	Symbiosis Institute of Business Management (SIBM)	Pune	INR 26.79 lakh	Graduation with 50% aggregate	SNAP
4	SP Jain Institute of Management & Research (SPJIMR)	Mumbai	INR 9 lakh	Bachelor’s degree with 50% aggregate	CAT
5	Amity University	Noida	INR 5.8 lakh	Bachelor’s Degree (agg.50%)	MAT, XAT, CAT, NMAT
6	Lovely Professional University	Punjab	INR 8 lakh	Bachelor’s Degree with 50% aggregate	LPU NEST, MAT, XAT, CAT
7	NMIMS School of Business Management	Mumbai	INR 12 lakh	Bachelor’s Degree in any discipline from recognized university	NMAT

Top Government MBA Colleges in India

The table below shows a list of top government MBA colleges with their fee structure, eligibility criteria, and admission procedure.

List of Top Government MBA Colleges in India
SNo.	Institutes	Location	Fee Structure	Eligibility Criteria	Admission
1	Indian Institute of Management Ahmedabad	Ahmedabad	INR 33 lakh	Bachelor’s Degree with 50% aggregate	CAT, GATE
2	Indian Institute of Management Bangalore	Bangalore	INR 25 lakh	Bachelor’s Degree with 50% aggregate	CAT
3	Indian Institute of Technology, (IIT) Delhi	Delhi	INR 11.20 lakh	Bachelor’s Degree with 50% aggregate	CAT
4	Indian Institute of Management, (IIM) Kozhikode	Kozhikode	INR 22.50 lakh	Bachelor’s Degree with 50% aggregate	CAT, EMAT
5	Indian Institute of Management Lucknow	Lucknow	INR 19.25 lakh	Bachelor’s Degree with 50% aggregate	CAT
6	Indian Institute of Management Raipur	Raipur	INR 18 lakh	Bachelor’s Degree with 50% aggregate	CAT
7	Indian Institute of Management Rohtak	Rohtak	INR 17.90 lakh	Bachelor’s Degree with 50% aggregate	CAT

Top Distance MBA Colleges in India

The list of top 10 distance MBA colleges in India are listed in the table below.

List of Top Distance MBA Colleges
Colleges	Fee Structure
XLRI-Xavier School of Management	INR 13.9 lakhs
IMT Ghaziabad	INR 1.25 lakh
IGNOU	INR 62000
NMIMS Distance	INR 2 lakh
Amity University	INR 1.79 lakh

Placements-wise list of Top MBA Colleges in India

The following table lists various colleges and their placement packages.

Institute	Placement Packages
Indian Institute of Management Ahmedabad	INR 30 lakh
Indian Institute of Management Bangalore	INR 32 lakh
Indian Institute of Technology Delhi	INR 25 lakh
Indian Institute of Management, (IIM) Kozhikode	INR 25 lakhs
Indian Institute of Management Calcutta	INR 20 lakhs

 

Related: Comprehensive Guide to Online MBA Courses

Conclusion

NIRF ranking provides a better understanding of MBA colleges in India. It becomes easier for candidates to choose the colleges accordingly. A candidate needs to choose the right college as it will further help in future prospects. Therefore, the article clarifies the list of MBA colleges with NIRF rankings, fee structure, eligibility criteria, and placement packages.