Which is the best private MBA college in India?

As per the NIRF ranking, XLRI-Xavier School of Management Jamshedpur.

How many private MBA colleges feature in the list of top 100 MBA colleges in India?

There are 48 private MBA colleges in the top 100 management institutes list of the NIRF (National Institutional Ranking Framework).

Which private MBA college has the highest average package?

As per the available data, SP Jain Mumbai offers the highest average package overall for the MBA program at 30.10 lakhs per annum.

Top Private MBA Colleges in India 2024 Ranking, Fees, Courses

Table of Contents

India is home to some of the best MBA colleges in the world. The top MBA colleges in India belong to both the private and government sectors. The top private MBA colleges in India provide world-class education. The best private MBA colleges offer high ROI (Return on Investment) which is at par with the IIMs (Indian Institute of Management). The top private MBA colleges include XLRI Jamshedpur, SPJIMR, MDI, SVKM’s NMIMS, GILM, etc.

There are more than 2900 private MBA colleges in India in 2024. Among them are some of the best private MBA colleges that are recognized globally. To help students select the best private college for their MBA program, we have put together a list of the best private MBA colleges in India in 2024.

Top Private MBA Colleges in India

There are more than 50 top private MBA colleges in India. Getting into these private Indian MBA colleges is the dream of every management aspirant. These top private MBA colleges accept various entrance exam scores for admission into their MBA program. The popular entrance exams accepted by the top private MBA colleges are CAT, XAT, SNAP, NMAT, GMAT, MAT, ATMA, etc. Admission to the top private MBA colleges in India ensure a highly successful career progression.

Gaining a comprehensive MBA degree from a top private college in India can open up a world of professional prospects and provide you with the tools you need to succeed in the fast-paced business world. It is important to choose the correct university if you want to pursue an MBA in India. It offers a top-notch education, state-of-the-art facilities, and excellent placement prospects, all of which can help to influence your career trajectory.

Top Private MBA Colleges in India 2024

Thousands of aspiring management professionals have had their careers greatly influenced by the top private MBA colleges in India. These educational establishments prioritize delivering a comprehensive education that blends theoretical understanding with hands-on experience, equipping learners to tackle the demands of the business sector. Majority of the top private MBA college offers MBA specialization like Finance, Marketing, HR, among others.

Xavier School of Management (XLRI) declined its ranking as it shifted to rank 9 in the new ranking as compared to rank 8 in the previous year. SVKM`s Narsee Monjee Institute of Management Studies improved its ranking as it shifted to rank 21 in the latest ranking when as compared to rank 25 in the previous year.

Top 10 Best Private MBA Colleges in India

Through training programs and internships, the top 10 private MBA colleges in India give their students access to real-world corporate experience while also encouraging research, innovation, and entrepreneurship. The best private MBA colleges in India provides two years of full-time, part-time, and online management education. By getting admission into any one of the top 10 best private MBA colleges mentioned below, students can ensure themselves of a stellar future.

XLRI Jamshedpur – XLRI-Xavier School of Management, Jamshedpur (Rank 9)
MDI Gurgaon – Management Development Institute, Gurgaon (Rank 13)
SIBM Pune – Symbiosis Institute of Business Management, Pune (Rank 17)
SPJIMR, Mumbai (Rank 20)
Narsee Monjee Institute of Management Studies, Mumbai (Rank 21)
Amity University, Noida (Rank 28)
Amrita Vishwa Vidyapeetham, Coimbatore (Rank 30)
Great Lakes Chennai – Great Lakes Institute of Management, Chennai (Rank 31)
LPU Jalandhar – Lovely Professional University, Phagwara (Rank 32)
GIM Goa – Goa Institute of Management, Goa (Rank 33)

Top Private MBA Colleges in India Rankings

The rankings of the management colleges are released by the Ministry of Education (MOE), Government of India. The ranking ensures students about the quality of the college. These ranking are termed as the NIRF ranking. Based on the latest NIRF ranking, the top-ranked private MBA college in India is XLRI Jamshedpur. The second and third-ranked private MAB college are MDI Gurugram and SIBM Pune respectively. The rankings of top private MBA colleges in India are tabulated hereunder.

Private MBA College Name	Ranking
XLRI Jamshedpur – XLRI-Xavier School of Management, Jamshedpur	9
MDI Gurgaon – Management Development Institute, Gurgaon	13
SIBM Pune – Symbiosis Institute of Business Management, Pune	17
SPJIMR, Mumbai	20
NMIMS Mumbai	21
Amity University, Noida	28
Amrita Vishwa Vidyapeetham, Coimbatore	30
Great Lakes Chennai – Great Lakes Institute of Management, Chennai	31
LPU Jalandhar – Lovely Professional University, Phagwara	32
GIM Goa – Goa Institute of Management, Goa	33
IMI Delhi – International Management Institute, Delhi	34
Chandigarh University – Chandigarh University, Chandigarh	36
MICA, Ahmedabad	37
IMT Ghaziabad – Institute of Management Technology, Ghaziabad	38
UPES Dehradun – University of Petroleum and Energy Studies, Dehradun	39
IFHE Hyderabad – ICFAI Foundation for Higher Education, Hyderabad	40
TAPMI Manipal – T A Pai Management Institute, Manipal	42
KJSIM – K J Somaiya Institute of Management, Mumbai	45
Jaipuria Noida – Jaipuria Institute of Management, Noida	47
BIMTECH Greater Noida – Birla Institute of Management Technology, Greater Noida	48
KL University Guntur – Koneru Lakshmaiah Education Foundation, Guntur	52
IRMA Anand – Institute of Rural Management, Anand	54
Siksha ‘O’ Anusandhan, Bhubaneswar	57
KIIT University – Kalinga Institute of Industrial Technology, Bhubaneswar	59
Christ University – Christ University, Bangalore	60
Nirma University – Nirma University, Ahmedabad	61
Great Lakes Gurgaon – Great Lakes Institute of Management, Gurgaon	62
FSM Delhi – FORE School of Management, Delhi	63
Chitkara University Chandigarh – Chitkara University, Patiala	64
Graphic Era University, Dehradun	65
IMI Bhubaneswar – International Management Institute, Bhubaneswar	67
IMI Kolkata – International Management Institute, Kolkata	70
BML Munjal University, Gurgaon	72
Welingkar Mumbai – Prin LN Welingkar Institute of Management Development and Research, Mumbai	73
KREA University, Sri City	74
NIBM Pune – National Institute of Bank Management, Pune	76
Birla Institute of Technology, Mesra (BIT Mesra) – Birla Institute of Technology, Mesra	77
Manipal University, Jaipur	79
Jaipuria Institute of Management, Jaipur	80
Amity University Gurgaon – Amity University, Gurugram	81
RBS Kochi – Rajagiri Business School, Kochi	83
IMT Hyderabad – Institute of Management Technology, Hyderabad	84
Jain Deemed to be University, Bangalore	85
JIMS, Technical Campus, Rohini – Jagan Institute of Management Studies Technical Campus, Rohini, Delhi	88
TSM Madurai – Thiagarajar School of Management, Thirupparankundram	90
Galgotias University – Galgotias University, Greater Noida	91
Jaipuria Institute of Management, Lucknow	92
Jamia Hamdard, New Delhi	96
NDIM Delhi – New Delhi Institute of Management, Delhi	99
NIA Pune – National Insurance Academy, Pune	100-150
SJIM Bangalore – St Joseph’s Institute of Management, Bangalore	100-150

Top Private MBA Colleges in India with Fees

The top Indian private MBA colleges are known to charge more fees as compared to the government management colleges. But the fees of the private MBA colleges are worth the education and opportunities they offer. The MBA program of most of the top private MBA colleges cost more than 5 lakhs. The list of top private MBA colleges with their MBA fees is given herein.

MBA College Name	MBA Fees
XLRI Jamshedpur – XLRI-Xavier School of Management, Jamshedpur	14 Lakhs
MDI Gurgaon – Management Development Institute, Gurgaon	21.32 Lakhs
SIBM Pune – Symbiosis Institute of Business Management, Pune	22.20 Lakhs
SPJIMR, Mumbai	24 Lakhs
Amity University, Noida	8.58 Lakhs
Amrita Vishwa Vidyapeetham, Coimbatore	1.70 Lakhs
Great Lakes Chennai – Great Lakes Institute of Management, Chennai	16.90 Lakhs
LPU Jalandhar – Lovely Professional University, Phagwara	3.16 Lakhs
GIM Goa – Goa Institute of Management, Goa	18.31 Lakhs
IMI Delhi – International Management Institute, Delhi	20.80 Lakhs
MICA, Ahmedabad	23 Lakhs
IMT Ghaziabad – Institute of Management Technology, Ghaziabad	19.38 Lakhs
UPES Dehradun – University of Petroleum and Energy Studies, Dehradun	10.10 Lakhs
IFHE Hyderabad – ICFAI Foundation for Higher Education, Hyderabad	2 Lakhs
TAPMI Manipal – T A Pai Management Institute, Manipal	17.34 Lakhs
KJSIM – K J Somaiya Institute of Management, Mumbai	20.77 Lakhs
Jaipuria Noida – Jaipuria Institute of Management, Noida	14.50 Lakhs
BIMTECH Greater Noida – Birla Institute of Management Technology, Greater Noida	2.75 Lakhs
KL University Guntur – Koneru Lakshmaiah Education Foundation, Guntur	65.50 Thousands
IRMA Anand – Institute of Rural Management, Anand	15.17 Lakhs
Siksha ‘O’ Anusandhan, Bhubaneswar	6 Lakhs
KIIT University – Kalinga Institute of Industrial Technology, Bhubaneswar	12.90 Lakhs
Christ University – Christ University, Bangalore	9.35 Lakhs
Nirma University – Nirma University, Ahmedabad	10.61 Lakhs
Great Lakes Gurgaon – Great Lakes Institute of Management, Gurgaon	3.50 Lakhs
FSM Delhi – FORE School of Management, Delhi	16.98 Lakhs
Chitkara University Chandigarh – Chitkara University, Patiala	2.05 Lakhs
Graphic Era University, Dehradun	80 Thousands
IMI Bhubaneswar – International Management Institute, Bhubaneswar	13.29 Lakhs
IMI Kolkata – International Management Institute, Kolkata	13.08 Lakhs
BML Munjal University, Gurgaon	18.57 Lakhs
Welingkar Mumbai – Prin LN Welingkar Institute of Management Development and Research, Mumbai	14 Lakhs
KREA University, Sri City	29.56 Lakhs
NIBM Pune – National Institute of Bank Management, Pune	12 Lakhs
Birla Institute of Technology, Mesra (BIT Mesra) – Birla Institute of Technology, Mesra	6.40 Lakhs
Manipal University, Jaipur	1.75 Lakhs
Jaipuria Institute of Management, Jaipur	12.75 Lakhs
Amity University Gurgaon – Amity University, Gurugram	6.24 Lakhs
IMT Hyderabad – Institute of Management Technology, Hyderabad	14.35 Lakhs
Jain Deemed to be University, Bangalore	2.40 Lakhs
JIMS, Technical Campus, Rohini – Jagan Institute of Management Studies Technical Campus, Rohini, Delhi	9.25 Lakhs
TSM Madurai – Thiagarajar School of Management, Thirupparankundram	7.38 Lakhs
Galgotias University – Galgotias University, Greater Noida	72 Thousands
Jaipuria Institute of Management, Lucknow	13.50 Lakhs
Jamia Hamdard, New Delhi	4.03 Lakhs
NDIM Delhi – New Delhi Institute of Management, Delhi	10.60 Lakhs
NIA Pune – National Insurance Academy, Pune	9.43 Lakhs
SJIM Bangalore – St Joseph’s Institute of Management, Bangalore	9.30 Lakhs

Top Private MBA Colleges in India – Courses

The MBA colleges in India offer two types of management programs: MBA and PGDM. The top private MBA colleges in India offer these two courses as well. Students often want to choose MBA over the PGDM and vice versa. For this, we are providing below the courses that are offered by the top private MBA colleges.

Private MBA College Name	Course offered
Xavier School of Management, Jamshedpur	PGDM
Management Development Institute, Gurgaon	PGDM
Symbiosis Institute of Business Management, Pune	MBA
Symbiosis Institute of Business Management, Pune	PGDBM
SP Jain Institute of Management and Research Mumbai	PGDM
Great Lakes Institute of Management, Chennai	PGDM
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai	MBA
Amity University, Noida	MBA
Amrita Vishwa Vidyapeetham, Coimbatore	MBA
Goa Institute of Management, Goa	PGDM
Lovely Professional University, Jalandhar	MBA
International Management Institute, New Delhi	PGDM

Check: Top MBA Colleges Accepting SNAP Score

Top Private MBA Colleges in India with Low Fees

There are around 10 private MBA colleges in India whose fees for the whole MBA program is 5 lakhs or less. These top private MBA colleges offer a high return on investment. Therefore students from a weak financial background must eye for these colleges apart from the government MBA colleges. The name of the top private MBA colleges with low fees are given below.

Amrita Vishwa Vidyapeetham, Coimbatore: MBA Fees – Rs 1.7 lakhs
LPU Jalandhar – Lovely Professional University, Phagwara: MBA Fees – Rs 3.16 Lakhs
IFHE Hyderabad – ICFAI Foundation for Higher Education, Hyderabad: MBA Fees – Rs 2 Lakhs
BIMTECH Greater Noida – Birla Institute of Management Technology, Greater Noida: MBA Fees – Rs 2.75 Lakhs
KL University Guntur – Koneru Lakshmaiah Education Foundation, Guntur: MBA Fees – Rs 66.5 Thousands
Great Lakes Gurgaon – Great Lakes Institute of Management, Gurgaon: MBA Fees – Rs 3.5 Lakhs
Chitkara University Chandigarh – Chitkara University, Patiala: MBA Fees – Rs 2.05 Lakhs
Graphic Era University, Dehradun: MBA Fees – Rs 80 Thousands
Manipal University, Jaipur: MBA Fees – Rs 1.75 Lakhs
Jain Deemed to be University, Bangalore: MBA Fees – Rs 2.4 Lakhs
Galgotias University – Galgotias University, Greater Noida: MBA Fees – Rs 72 Thousands

Best Private MBA Colleges in India Placement Wise

One of the main reasons that most students pursue an MBA program is its placement. The MBA program offers a high average package overall as compared to other postgraduate programs. The best private MBA colleges in India offers high placement packages overall. XLRI Jamshedpur and SP Jain Mumbai offers average placement package of INR 30 lakhs per annum. The best private MBA colleges placement-wise is given below.

Private College Name	Average Package
Xavier School of Management (XLRI)	INR 30 LPA
Management Development Institute (MDI)	INR 26.70 LPA
Symbiosis Institute of Business Management	INR 20.80 LPA
S. P. Jain Institute of Management & Research	INR 30.10 LPA
SVKM’s Narsee Monjee Institute of Management Studies	INR 19.4 LPA
Amity University	INR 5 LPA
Amrita Vishwa Vidyapeetham, Coimbatore	INR 6.72 LPA
International Management Institute, New Delhi	INR 12.15 LPA
Great Lakes Institute of Management	INR 11 LPA
Lovely Professional University (LPU)	INR 6.15 LPA