MBA or Master of Business Administration is among the most coveted and sought-after management programs. Housing some of the best MBA colleges in the world, India is an attractive destination for a management degree.
Whether you’re a fresh graduate, an early-career professional, or somebody looking to upgrade your business skills and acumen, MBA colleges in India have a course for you.
If you’ve just graduated or have been working for less than a year, you can enroll for an MBA or PGDM program even with top management colleges in India. On the other hand, if you’ve been working for more than a year, you can explore MBA programs in b-schools requiring specified years of work experience, like the Indian School of Business (ISB).
If you’ve advanced further in your career, you can opt for one of the top executive MBA programs in India that cater to mid-level career professionals. These programs are also offered across tier 1 MBA colleges in India, including ISB and IIMs.
It’s great news that only a handful of MBA colleges in India require candidates to have work experience, while several others accept fresh graduates. This contrasts with MBA colleges abroad, where most b-schools expect candidates to have a certain number of years of work experience.
Which are the best Business colleges in India?
With world-class education, experiential learning, and award-winning faculty, several MBA colleges in India have made a global mark, including the best private MBA Colleges in India along with the government ones. The holy grail of MBA rankings, the Financial Times Global MBA rankings feature the IIMs- Bangalore, Ahmedabad, Calcutta, and Indore along with ISB in its top 100 MBA colleges. It is noteworthy that ISB won the 23rd spot amongst the top management colleges in India.
Top MBA colleges in India with fees
| MBA College | Program | Exams | Fees |
| IIM Bangalore | Post Graduate Programme in Management (PGP) Leading to MBA Degree | CAT, GMAT | INR 23,20,000 |
| IIM Calcutta | Master of Business Administration (MBA) | CAT, GMAT | INR 22,60,000 |
| IIM Ahmedabad | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 23,00,000 |
| SPJIMR Mumbai | Post Graduate Diploma in Management (PGDM) | CAT, GMAT | INR 20,42,000 |
| XLRI Jamshedpur | Post Graduate Diploma in Business Management (PGDM – BM) | XAT, GMAT | INR 23,60,000 |
| IIM Lucknow | Post Graduate Programme in Management (PGPM) | CAT, GMAT | INR 19,25,000 |
| ISB Hyderabad | Post Graduate Programme in Management | GRE, GMAT | INR 22,50,000 |
| IIM Indore | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 21,07,000 |
| MDI Gurgaon | Post Graduate Programme in Management (PGPM) | CAT, GMAT | INR 20,86,670 |
| IIM Shillong | Post Graduate Diploma in Management (PGDM) | CAT, GMAT | INR 14,60,000 |
| IIM Udaipur | Post Graduate Programme in Management (PGP) | CAT, GMAT | INR 13,54,000 |
| IMI Delhi | Post-Graduate Diploma in Management | CAT, XAT, GMAT | INR 21,37,500 |
| IIM Trichy | Post Graduate Programme in Management (PGPM) | CAT, GMAT | INR 14,00,000 |
| TAPMI Manipal | Master of Business Administration (MBA) | CAT, XAT, NMAT, GMAT | INR 16,50,000 |
| GIM Goa | Post Graduate Diploma in Management (PGDM) | CAT, XAT, CMAT, GMAT | INR 18,31,200 |
What is required for an MBA in India?
To be eligible for MBA colleges in India are, you generally require a bachelor’s degree and a standardized test score. Almost all the best MBA universities in India, including tier 1 colleges accept GMAT scores.
The advantage of taking the GMAT exam is that it opens the doors of MBA universities abroad. The GMAT is the most widely-accepted test for admission to b-schools around the globe and can also help you land scholarships for your MBA degree in India or abroad.
Other standardized tests such as the CAT, NMAT, and XAT are also accepted for admission to MBA colleges in India. You can pick your entrance exam depending on the university you’re applying to.
Fees: MBA colleges in India and abroad
The cost of an MBA in India is relatively lower compared to an MBA abroad. Here’s what an MBA abroad will cost you just in the tuition fees-
| School Name | Fees (approx.) |
| Kellogg School of Management | INR 1.12 crores |
| NYU Stern | INR 1.14 crores |
| Carnegie Mellon Tepper | INR 1.05 crores |
| INSEAD | INR 75 lakh |
| London Business School | INR 84 lakh |
| HEC Paris | INR 61 lakh |
In addition to the tuition costs, you’ll also have to bear living costs, travel expenditures, and other everyday expenses.
Moving on, let’s take a look at the tuition costs at the best MBA colleges in India-
| Name | Fees (approx.) |
| ISB | INR 37 lakh |
| IIM Ahmedabad | INR 23 lakh |
| IIM Bangalore | INR 23 lakh |
| NMIMS | INR 20 lakh |
| SPJIMR | INR 17 lakh |
A management degree from a top MBA college in India with fees is a cost-effective, high-return investment that offers you great exposure to managerial learning. Explore MBA colleges in India with a 15-minute free session with our MBA expert. Book a session now!