Best MBA Colleges in India 2021: IIMs, IITs, and Others

The Indian Institutes of Management (IIM) are considered the top MBA colleges in India for several reasons. For instance, you get to learn from the top-class faculties, better job opportunities, high salary packages, find opportunities for entrepreneurship, opportunities to communicate and work with some sharp minds, and many more.

This is why the competition for getting admission to IIMs is very high today. Management aspirants join online CAT coaching and institutes to prepare for the Common Admission Test and find admission in the best IIM colleges in India. Along with MBA, the IIMs also offer postgraduate, doctoral, executive education courses and some more programmes.

All IIMs offer Master in Business Administration (MBA), which is a two years flagship programme. In this article, let’s discuss why IIMs are the best colleges, and the top management colleges in India, according to their ranking by NIRF (National Institutional Ranking Framework).

List of Top IIM Colleges in India

If you want to do an MBA in India, then IIMs are obviously the first preference. For this, you must enrol in the best institute for CAT preparation, study the right books for CAT, avoid the common mistakes while preparing. Having said that, below is the IIM colleges list for you:

1. IIM Ahmedabad
2. IIM Bangalore
3. IIM Calcutta
4. IIM Lucknow
5. IIM Kozhikode
6. IIM Indore
7. IIM Trichy
8. IIM Udaipur
9. IIM Raipur
10. IIM Ranchi
11. IIM Rohtak
12. IIM Shillong
13. IIM Kashipur
14. IIM Nagpur
15. IIM Visakhapatnam
16. IIM Amritsar
17. IIM Kashipur
18. IIM Bodh Gaya
19. IIM Jammu
20. IIM Sirmaur

For those wondering which are the top 5 IIM colleges in India, we have covered that as well. For the past few years, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and IIM Lucknow are topping the list of IIM colleges in India. So, if you get admission into one of these colleges, that will be an added benefit for you. 

MBA from IIT: Top Colleges

The second good option for pursuing management is to do an MBA from IITs. Not all IITs are offering the management course. We have shared the list of IIT colleges offering MBA in India. The benefits of opting for an MBA from IITs is that the fees are low, it offers excellent career prospects and career opportunities, and a competitive environment for studies. 

The admission in IIT for MBA is based on the CAT entrance exam. Thus, the best coaching for CAT plays a significant role in cracking the entrance exam. The two-year management programme follows the same syllabus and pattern as other top MBA colleges in India.

1. VGSoM, Indian Institute of Technology, Kharagpur
2. Department of Management Studies, Indian Institute of Technology, Delhi
3. SJMSoM, Indian Institute of Technology, Bombay
4. Department of Management, Indian Institute of Technology, Roorkee
5. DoMS, Indian Institute of Technology, Madras
6. IME, Indian Institute of Technology, Kanpur
7. Department of Management Studies, Indian Insititute of Technology, Dhanbad

Best MBA Colleges in India (Other than IIMs)

What are some top MBA colleges in India apart from IIMs and IITs? We have created the list of top 10 management colleges across various parts of the country. Some of these colleges consider the CAT score, while others may have their separate entrance test. You can visit the official websites of respective institutes for details.

1. Xavier Labour Relations Institute (XLRI), Jamshedpur
2. Management Development Institute, Gurgaon
3. SP Jain Institute of Management and Research, Mumbai
4. Symbiosis Institute of Business Management, Pune
5. Great Lakes Institute of Management, Chennai
6. SVKM’s Narsee Monjee Institute of Management Studies, Mumbai
7. ICFAI Foundation for Higher Education, Hyderabad
8. Indian Institute of Foreign Trade, New Delhi
9. International Management Institute, New Delhi
10. Kalinga Institute of Industrial Technology, Bhubaneshwar

Salary Packages after MBA from IIMs

The average salary package for IIM MBA graduates from the top 5 colleges is between INR 17 to 25 LPA. For other IIM colleges, the median salary is somewhere between INR 9 to 17 LPA.

Wrapping Up:

Hope this write-up helps you learn about the top IIMs colleges in India, MBA from IITs, and the alternate best colleges for MBA graduation. All the management institutes consider the CAT score as the benchmark for admission. It becomes vital for management aspirants to crack the Common Admission Test by preparing with the best CAT online coaching.

Have any questions? Feel free to reach out or write in the comments below.