Top Private MBA Colleges in India 2024: Rankings, Fees, Admissions, Courses, Placements

In India, there are about 63 top private MBA colleges. CAT, XAT, ATMA, and MATare some of India’s top entrance exams accepted by top private MBA colleges. XLRI, MDI, and Symbiosis Institute of Business Management are some of India’s renowned top MBA private colleges. As per NIRF ranking 2023, Xavier School of Management (XLRI) emerged as India’s top-ranked private MBA college.  

Read More – Top MBA Colleges in India

The revised position for some of the premier private MBA institutions in India is mentioned below:

• Xavier School of Management (XLRI) declined its ranking as it shifted to rank 9 in 2023 as compared to rank 8 in 2022
• SVKM's Narsee Monjee Institute of Management Studies improved its ranking as it shifted to rank 21 in 2023 when as compared to rank 25 in 2022

 

Latest Updates:Top Private MBA Colleges in India

• MAH MBA CET 2024 registration is ongoing, and the last date to apply for MBA admission is January 31, 2024. Further, the MAH CET 2024 exam dates have also been announced, and the exam is scheduled to be conducted on March 9, 2024, and March 10, 2024.
• XAT result 2024 will be announced on January 31, 2024.
• The MAT 2024 registration process is going for the PBT exam, and the last date to apply is February 20, 2024. The last date to register for the IBT Phase 1 and CBT exams is February 21, 2024, and March 5, 2024, respectively.
• CMAT 2024 registrations will likely start in February 2024.
• The last date to fill out the ATMA application form is February 11, 2024. The February ATMA exam will be conducted on February 18, 2024.

 

Top Private MBA Colleges in India: Highlights 2024

The Master of Business Administration, or MBA, is among the most sought-after postgraduate programs. This two-year degree makes a lot of corporate job prospects available. Students from various academic disciplines, including the humanities, business, and sciences, choose the MBA. A typical MBA program lasts two years and is divided into four semesters. A few private MBA programs also offer PGDM programs that last one year.

Parameters	Statistics
No. of top Private MBA Colleges	63
Annual Fees	INR < 1 lakh: 2 College INR 1-2 lakh: 3 College INR 2-3 lakh: 2 College INR 3-5 lakh: 4 Colleges INR > 5 lakh: 51 Colleges
Specialisations	Sales and Marketing, Finance, Human Resources, Operations, IT and Systems
Accepted Entrance Exams	CAT XAT CMAT MAT

Top Private MBA Colleges in India: Eligibility Criteria

 

The eligibility criteria for MBA courses may differ from one college to another. However, the essential MBA eligibility criteria are as follows:

• Candidates must have graduated in any discipline or equivalent from an accredited university.
• Most institutions adhere to the AICTE's minimum score requirements for graduation, which are 50% overall or equivalent and a 5% relaxation for students from reserved categories.
• Holders of professional degrees, such as MBBS, CA, CS, and ICWAI, are also qualified to pursue an MBA.

Popular Exams Accepted by Top Private MBA Colleges in India

 

The two most popular entrance exams accepted in top private MBA Colleges in India are:

• XAT: XAT (Xavier Aptitude Test) is a national-level management entrance examination conducted by XLRI, Jamshedpur, for admission to MBA/PGDM programs. XAT preparation needs at least six to nine months. Being one of the toughest MBA entrance exams among its peers, XAT requires dedicated time and effort. It comprises four sections: Decision-making, verbal ability and logical reasoning, quantitative ability and data interpretation, and general knowledge.
• MAT: The Management Aptitude Test, or MAT, is a national-level entrance exam conducted by the All India Management Association (AIMA) for admissions to MBA/PGDM courses. The exam is conducted in multiple sessions in four phases – February, May, September and December. MAT exam is conducted offline (Paper-based test or PBT), online (Computer-based Test or CBT), and remotely proctored (internet-based Test or IBT) modes.
• CAT: The Common Admission Test (CAT) is a national-level management aptitude test for admission to the MBA courses offered by 20 IIMs and over 1,200 B-schools in India. CAT question paper is divided into Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning and Quantitative Aptitude. 

 

What are the entrance exams accepted by top Private MBA Colleges in India?

 

Exams	Number of Colleges
CAT	51
XAT	45
CMAT	38
MAT	28
NMAT	9

Top Private MBA Colleges in India

 

College Name	Total Tuition Fee/Seat Intake	Entrance Exam/Eligibility
Xavier School of Management Admission	INR 27.40 lakh Seats: 1,080	Entrance Exams: CAT, XAT, GMAT Class 12 with 50% aggregate
Management Development Institute Admission	INR 24.70 lakh Seats: 420	Entrance Exam: CAT Class 12 with 50% aggregate
Symbiosis International Pune Admission	INR 22.20 lakh Seats: 282	Entrance Exam: SNAP Class 12 with 50% aggregate
S P Jain Institute of Management and Research Mumbai Admission	INR 20.42 lakh Seats: 720	Entrance Exam: CAT Class 12 with 50% aggregate

ROI of Top Private MBA Colleges in India

 

College Name	Total Course Fee	Average Annual Package
XLRI MBA	INR 27.40 lakh	INR 30 LPA
MDI MBA	INR 24.70 lakh	INR 24.06 LPA
Symbiosis Institute of Business Management MBA	INR 22.20 lakh	INR 20.80 LPA
S. P. Jain Institute of Management & Research MBA	INR 20.42 lakh	INR 30.50 LPA
SVKM`s Narsee Monjee Institute of Management Studies MBA	INR 22.90 lakh	INR 19.20 LPA
Amity University MBA	INR 4.86 lakh	INR 5.50 LPA
International Management Institute, New Delhi MBA	INR 18.17 lakh	INR 14.17 LPA
Great Lakes Institute of Management MBA	INR 9 lakh	INR 11.44 LPA
LPU MBA	INR 7.60 lakh	INR 6 LPA

Top Recruiters for Private MBA Graduates in India 

 

College Name	Annual Placement Package	Top Recruiters
XLRI Placements	INR 30 LPA	Amazon, PricewaterhouseCoopers, Boston Consulting Group
MDI Placements	INR 24.06 LPA	Asian Paints, Infoedge India Limited, Axis Bank, Microsoft
Symbiosis Institute of Business Management Placements	INR 20.80 LPA	EY, Accenture, Google, Wipro, Flipkart, PwC, Jio, Infoedge, TATA Consumer Products
S. P. Jain Institute of Management & Research Placements	INR 30.50 LPA	Amazon, Flipkart, Tata, Goldman Sachs, Paytm, Microsoft, Info Edge
International Management Institute, New Delhi Placements	INR 14.17 LPA	Bank of America, Barclays, Flipkart, IndiaMART, Deloitte, KPMG
Great Lakes Institute of Management Placements	INR 11.44 LPA	Bain, Navis, Deloitte, Bristlecone, Optum, EY GDS, Cartesian Consulting
LPU Placements	INR 6 LPA	Capgemini, L&T, Wipro, DXC Technology, Highradius

How affordable is Studying in Top Private MBA Colleges in India?

 

Fee Range	Names of Colleges
< INR 1 lakh	PSGCT Coimbatore, SKCET, etc.
INR 1-2 lakh	UPES, IFHE Hyderabad, Galgotias University, etc.
INR 2-3 lakh	Chitkara College of Sales and Marketing, Prestige Institute of Management and Research, Gwalior, etc.
INR 3-5 lakh	Amity University Noida, Vignan's Foundation for Science, Technology and Research, Hindustan Institute of Technology and Science, etc.
INR > 5 lakh	XLRI, MDI, Symbiosis Institute of Business Management, etc.