Top 10 MBA Colleges in India 2025: Fee Structure, Latest Rankings, Admission

Let me tell you a surprising fact. Whether you are stuck in your career or a new graduate looking to do a master’s degree, in both cases, an MBA is the rational choice. MBA is the gateway to leadership roles, global exposure, and high-paying careers. With thousands of B-schools across the country, everyone claims to be the best business schools in India. 

However, the latest NIRF ranking 2025 will clear the air. The NIRF truly stand out because we rank institutes in terms of academics, placements, industry connections, and more. In this blog, we bring you the list of the top 10 MBA colleges in India 2025. Clubbed with their latest rankings, admission process, and fee structure. 

Top 10 MBA Colleges in India with Fee Structure

The NIRF 2025 rankings in management highlight India’s most prestigious business schools. This year, this list is topped by IIM Ahmedabad. Moreover, there are also new MBA colleges in the list. Below is the list of the top 10 MBA colleges in India 2025, with fees, admission process, and more:

1. Indian Institute of Management (IIM) Ahmedabad

Like the previous years, IIM Ahmedabad has again achieved the position of No.1 MBA college in India in the NIRF rankings. IIM Ahmedabad’s flagship 2-year PGP program is a dream for all CAT aspirants. The 2-year MBA programme in IIM Ahmedabad costs Rs 27.50 lakhs. The IIM A offers high ROI; the average package here is around Rs 34.45 LPA. The highest package of IIM Ahmedabad is Rs 1.46 crore per annum.

2. Indian Institute of Management (IIM) Bangalore

The silicon hub of Asia, Bangalore, houses one of the best colleges for MBA in India. IIM Bangalore is known as a hub for innovation and entrepreneurship. IIM Bangalore has attained the 2nd position in the list of top 10 MBA colleges in India. The institute provides a good ROI, with an average package of around Rs 35.5 LPA. The highest package goes up to Rs 1.15 crore per annum.

3. Indian Institute of Management (IIM) Kozhikode

IIM Kozhikode has risen to rank 3 in the NIRF ranking of MBA colleges in India. It’s known for its picturesque campus and diverse student diaspora. The institute offers a full 2-year PGP programme in MBA with a high ROI. The package range here is from Rs 28 LPA to Rs 72 LPA.

4. Indian Institute of Technology (IIT) Delhi – Department of Management Studies (DoMS)

IIT Delhi comes at rank 4 in the 2025 NIRF management ranking, the only IIT in the list. It’s among the best universities for MBA in India. The IIT Delhi DMS was established in 1993 and has been offering full-time and part-time MBA programs ever since. It has good industry links and boasts a high placement record.

5. Indian Institute of Management (IIM) Lucknow

On rank 5, we have IIM Lucknow, also one of the top tier 1 MBA colleges in India. IIM Lucknow is known for its academic excellence and top corporate tie-ups. The institute has a high placement record, with an average package of Rs 33.25 LPA. The highest package goes up to Rs 1.23 crore per annum.

6. Indian Institute of Management (IIM) Mumbai

IIM Mumbai comes at the sixth spot in the list of the best MBA colleges in India. IIM Mumbai was earlier known as NITIE. Located in the financial capital of India, this MBA institute has strong industry connections and an alumni network. The average package offer here ranges between Rs 47.5 LPA and Rs 35 LPA. The highest package here goes up to Rs 54 LPA.

7. Indian Institute of Management (IIM) Calcutta

IIM Calcutta is next in this list of the top 10 MBA colleges in India. Famous as the best MBA college in finance in India, IIM Calcutta offers excellent placements and a global learning environment. The institute provides a decent recent, with an average package of Rs 35.07 LPA. The highest package of IIM Calcutta is around Rs 1.15 crore per annum.

8. Indian Institute of Management (IIM) Indore

IIM Indore is in the 8th position in the NIRF Management 2025 list. It has partnerships with over 30 global B-schools. IIM Indore is also famous for its 5-year Integrated Programme in Management (IPM) apart from its flagship PGP program. The institute has an excellent ROI, with the highest package going up to Rs 1 crore.

9. Management Development Institute (MDI), Gurugram

MDI Gurgaon is 9th on this list and one of the best private MBA colleges in India. It offers strong placements and global exposure through exchange programs. This is one of the top tier 1 MBA colleges in India with a decent ROI. 

10. XLRI – Xavier School of Management, Jamshedpur

In the tenth position is XLRI Jamshedpur on the top 10 MBA colleges in India list. XLRI is India’s oldest B-school, renowned for its HRM and other PGP programs. The institute has consistently ranked among the best business schools in India.

Summary Table: Top 10 MBA Colleges in India with Fee Structure (2025)

Admission Process for Top B Schools in India

Step 1: Appear for an Entrance Exam

• CAT (IIMs, IITs, MDI, SPJIMR, etc.)
• XAT (XLRI & 150+ colleges)
• GMAT/GRE (Executive & international programs)
• SNAP, NMAT, CMAT, MAT (other top private B-schools)

Step 2: Shortlisting by Institutes

• Based on entrance exam percentile, academic record, work experience, and diversity factors.

Step 3: Written Ability Test (WAT) / Essay Writing

• Tests clarity of thought, business awareness, and writing skills.

Step 4: Group Discussion (GD) / Group Exercise (varies by college)

• Assesses communication, problem-solving, and teamwork.

Step 5: Personal Interview (PI)

• Evaluates knowledge, career goals, confidence, and overall personality.

Step 6: Final Selection List

• Institutes prepare a weighted score (Entrance Exam + WAT/GD/PI + Academics + Work Experience).

Step 7: Admission & Fee Payment

• Confirm admission by paying fees.

Conclusion

The top 10 MBA Colleges in India 2025 list is topped by IIM Ahmedabad. The list also includes prestigious MBA colleges like IIM Bangalore, IIT Delhi, XLRI and MDI Gurgaon. Each institute offers unique strengths, whether it’s placements, global exposure, or ROI. While the admission process is highly competitive, with the right preparation for exams like CAT, XAT, or GMAT, securing a seat at these best colleges for MBA is surely possible. Happy hustling!