Best MBA college in India

MBA finance programs teach math, finance and economics.We know very well that the financial sector is the backbone of the economy. In MBA courses, students gain both theoretical and practical experience. If you are interested in making a career in the finance sector then you should take the  admission in best MBA college in India.

Here we will tell you about the best MBA colleges in India with cat or without cat. They offer you the best education as well as the best placement. You can select the best MBA finance college for yourself as per your convenience.

Best MBA college in India

If you are looking for best mba colleges in India placement wise or best mba colleges in India with fees or best mba colleges in India private, then here the list of top 10 best mba colleges in India is given. They are –

1. Indian institute of management, Ahmedabad ( IIMA)

Institute NameIIMA
Exam acceptedCAT, GRE, GMAT
Course offeredPGPM
Fees23 Lacs
Average placement25.83 LPA
No of total seats385

This school of public business was founded in 1961. Some of the famous alumni of IIM Ahmedabad include Chetan Bhagat, Rashmi Bansal, Harsha Bhogle, Deep Kalra and Raghuram Rajan.

The highest salary in placements through this university was 70 lakhs. Goldman Sachs, HSBC, Credit Suisse, Exchanger, JP Morgan, Monitor Deloitte, Nomura, Oliver Vaayman, Matrix Partner, Boston Consulting Group are some of the top finance recruitment companies.

2. Indian institute of management, Calcutta ( IIMC)

Institute nameIIMC
Exam acceptedCAT, GRE, GMAT
Fees27 lacs
Average placement25.33 LPA
No of total seats462

This finance college was established in 1961. Some of the famous students of this college include Nishi Vasudev, Sunil Duggal, Ramchandra Guha, Indra Nooyi, Shantanu Ghosla, Krishna and Gopal Vittal.

Some big companies like Axis Bank, ICICI Bank, ABP Limited, Hinduja Group, PepsiCo, Philips, Amazon, American Express, Aditya Birla Group, Air India recruit students from here.

3. Indian institute of management, Banglore ( IIMB)

Institute nameIIMB
Exam acceptedCAT
Course offeredPGPM
Fees21 lacs
Average placement24.54 LPA
No of total seats412

IIMB is a public business school established in 1973. In 2019, this university got the first rank for Best Management School in the NIRF ranking. Some of the famous students of this college include Sameer Suneja, Ravi Subramaniam, Karan Bajaj, Deepak Ohri, Nityanand Mishra.

Big companies like GSK, Genpact, Adani Group, Bajaj Finserv, Avendus Money, Citibank, JP Morgan recruit students from here.

4. Jamnalal bajaj institute of management studies ( JBIMS)

Institute nameJBIMS
Exam acceptedMAH -CET, CAT, CMAT, MAT, ATMA
Courses offeredMMS
Fees6 Lac
Average placement20.13 Lac
No of total seats120

JBIMS was established in 1995. The expertise offered by JBIMS is finance, applications, human resources, communications and operations. This college is known as the “CEO Factory” as it has given many CEOs to the world.

Some of the famous alumni of this college are Chanda Kochhar, Uday Kotak, Mani Ratnam, Ajay Piramal, Lalita D. Gupte, Siddharth Roy Kapur (CEO of UTV Motion Pictures), Harish Manwani (Global COO of Unilever PLC), Raja Krishnamurthy (Film and TV ) Director).

Some of the top recruiters include Hindustan Unilever, The Boston Consulting Group, ICICI Bank, JPMorgan Chase & Co., Goldman Sachs, McKinsey & Company, Mahindra Group, Godrej Consumer Products, Tata Group and Reliance Industries Limited.

5. Xavier’s labour research Institute, Jamshedpur ( XLRI)

Institute nameXLRI
Exam acceptedXAT, GMAT
Course offeredPGDM
Fees16.8 Lacs
Average placement24.3 LPA
No. Of total seats180

This college was established in 1949. It is approved by AICTE and accredited by NBA, AMBA and AACSB. They provide expertise in human resources, business management and general management.

Some of the popular alumni of this college are Abhishek Singh, Akash Khurana, Vineet Nair, Naveen Jain, Leena Nair etc.

Some of the recruiters are ITC, Muthoot Fincorp, JP Morgan Chase, VLCC, Infosys DCG, Tata Hitachi, TCS, Dell, ICICI Bank, Trident, Cognizant, Amazon, Goldman Sachs, Axis Bank, HCL, Tech Mahindra, L&T ECC, KPMG, Hexaware, Oyo and Byjus etc.

6. S. P. Jain Institute of management and research, Mumbai ( SPJIMR Mumbai)

Institute nameSPJIMR Mumbai
Exam acceptedCAT, GMAT, XAT
Course offeredPGDM
Fees17.5 lakhs
Average placement26.36LPA
No of total seats240

SPJIMR was established in 1981. It is an autonomous B-school. It provides expertise in SCM, marketing, operations, finance and information management.

Some of the famous alumni of this college are Anant Bajaj, Rajesh Jerujikar, Pradeep Kar, Sunil Lulla, etc.

Some of the top recruiters of SP Jain are: Landmark Group, Intuit, Cisco, Alvarez & Marsal, Udaan, Byju’s, Ola Cabs, The Bridgespan Group, Praxis Global Alliance, Bank of America, Saber Partners, Spark Capital, Swiggy and Dabur.

7. Management development Institute, Gurgaon ( MDI)

Institute nameMDI
Exam acceptedCAT
Course offeredPGDM/ PGP – HR / PGP – IM
Fees19.8 Lacs
Average placement22 LPA
No of total seats420

MDI is a private business school. It was established in 1973. It is the first private B-school to be accredited by AMBA.

Some of the notable alumni of MDI are Amit Pandey, Sachin Garg, Durjoy Dutta etc.

Some of the top recruiters of MDI Gurgaon are KPMG, American Express, Accenture, Deloitte USI, OYO Rooms, JPMorgan Chase, Airtel, Hinduja Group, KPMG, Infosys and Bain Competence Center.


In this article, you know about the top MBA colleges in India. This information will help you in taking admission in these colleges. Do share this information with other people also. If you have any question or doubt related to this blog, you can ask us by commenting.


Q. 1 Which Institute is best for MBA in finance in India?

Ans. S. P Jain institute of management and research, Mumbai ( SPJIMR Mumbai)
Symbiosis Institute of Business Management, Pune ( SIBM Pune)
Management Development institute, Gurgaon ( MDI)

Q. 2 Which IIMs are best for MBA in finance?

Ans. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow.

Q. 3 Best MBA finance college in India with low fees?

Ans. Jamnalal  Bajaj institute of management studies.
KJ somaiya institute of management
Lal Bahadur Shastri institute of management

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