In India, MBA has been one of the top programs chosen by graduates and people with minimal work experience. Entering into top b-schools in India not only directs you towards high-paying roles but also develops management skills. In India MBA can cost up to 12 lakhs-23 lakhs depends upon the colleges you select. MBA would be worth investing in if you choose the top b-school in India. When it comes to select suitable b-school various factors are to be considered such as your specialization, fees, placements, the return on investment, etc.
Here is the list of top b-schools in India 2021
IIM Ahmedabad:- It ranks 1st among all the b-schools in India as per NIRF rankings.
It is one of the top b-schools in India offering programs in a wide variety of specializations such as finance, marketing, HR, operations, IT, etc.
Entrance:- They generally accept CAT and GMAT scores following with Academic writing test(AWT) and personal interview(PI). Along with this 10th and 12th score is considered in this b-school and then the final call is one basis of composite score all combined.
Fees:-The tuition fee for the full-time 2-year program is INR 23 lacs and also they provide financial aids ranging from 3-4 lakhs.
Placements:- For batch 2019-21 the average package offered was 26.13 lakhs and the highest CTC is INR 58.88 lakhs for domestic package and INR 1.32 crores for an international package.
IIM Bangalore:- According to NIRF ranking, IIM Bangalore is ranked at 2nd position in top management colleges in India. It offers full-time flagship MBA and also an executive MBA.
Entrance:- For candidate based in India have to go for CAT and for international students GMAT/GRE followed by WAT-PI round.
Fees:- For a full-time, PGPM program tuition fees can cost up to INR 23 lakhs.
Placements:- Batch 2019-2021 witnessed 100% placement records and the record of 481 jobs offered was set in the first two days of the interview round. The average CTC for the MBA flagship program bragged by the students was INR 25 lakh per annum whereas the highest CTC stood around INR 80 lakh per annum.
IIM Calcutta:- Ranked at 3rd position by NIRF in 2021 IIM Calcutta is one of the best B schools in India. IIM Calcutta offers one of the best PDGM programs especially for finance specialization.
Entrance:-Canditates are shortlisted on the basis of their CAT score followed with personal interview.
Fees:-Their full-time MBA/PDGM program costs up to 24 lakhs.
Placments: Whereas their average package offered is up to CTC 29 LPA and highest up to INR 72 LPA.
IIM Kozhikode:- According to 2021 NIRF rankings, IIM Kozhikode ranks 4th from this year. It is one of the premium b-school in India founded in 1996.
Fees:- It offers a wide range of MBA programs their full-time PGPM program can cost up to 20 Lakhs.
Placements:-This year IIM Kozhikode showed a 100% placement record for the batch 2019-21. This year they offered an average CTC offered INR 22.5 LPA and the highest CTC was up to 46.88 LPA.
DMS IIT Delhi:- Providing one of the best returns on investment DMS is ranked at the fifth position for top management schools in India they generally except cat score and cut off for full-time MBA program is 95 to 98 percentile
Fees:- tuition fee for general MBA program is 9.60 Lac
Placements:- Their placement sets 100% placement record with highest CTC INR 32 LPA and average CTC INR 18.47 LPA.
IIM Indore:- One of the oldest and prestigious b-schools in India IIM Indore offers a wide range of courses in PGPM in every specialization.
Fees:- Their fees for a full-time program are up to INR 16 lakhs.
Placements:-Apart from setting a 100% placement record IIM Indore stood average CTC 20.4 LPA and the highest CTC stood 32.76 LPA. Some of the top recruiters were Amazon, Deloitte, Paytm, Microsoft, PwC, etc.
IIM Lucknow:- IIM Lucknow has been ranked at the 7th position dropping 3 positions from last year.
Fees:- Their fee for a full-time PGPM program is 14 Lakhs.
Summer Internship:- Their 2019-21 batch stands with summer placements of medians and average stipend INR 1.2 lakhs INR 1 lakhs respectively whereas the stipend offered was INR 2.5 lakh per month.
Placement:-According to 2021 final placement reports, their average salary stood up to 26 LPA whereas the highest international CTC was 58.4 LPA. This year there was a rise in the highest international CTC for this year as last year’s placement stood at 56 LPA.
XLRI:- Xavier Labour relation institute, Jamshedpur is among the top management colleges in India. This college has its entrance exam XAT the admission process is determined by the entrance score. This is at the top preference for the aspirant from Human resource (HR).
Fees:- Their PGDM(HR) Program costs up to 11.8 lacs for one year.
Placements:- It is good in terms of return on investment. The average package starts above 24 LPA whereas the highest CTC is INR 50 LPA.
FMS:- Faculty of management studies popularly known as FMS Delhi is located in the South Delhi university(DU). This is popularly known as the red building of dreams. FMS Delhi offers a full-time and a part-time MBA flagship program. This is popularly known as a marketing campus but provides the best placement for other sectors as well.
Fees:- Their course fee is 1.96 for the full-time course.
Placements:- It is best in terms of ROI their average package is up to 24,00,000 CTC and the highest CTC is up to 58 LPA.
JBIMS:- Jamnalal Bajaj Institute of management studies it’s popularly known as CEO factory of Mumbai. JBIMS has given one of the best CEOs in the world.
Fees:-Their MMS program costs up to 7 LPA for a full-time program.
Placements:-During the 2021 placement average, CTC offered was 14LPA whereas the highest was INR 33 LPA from the finance sector.
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