Top 7 MBA colleges in India excluding IIMs

1. IIT Kharagpur- Indian Institute of Technology

Location: Kharagpur, West Bengal, Ranks: Business Today‘19- 22; NIRF‘20- 5, The college ranks 5th after four IIMs colleges and ranks 1st in architecture by NIRF’20. We already know that the more prestigious the college, the more difficult it is to get into it. You need to have a minimum of 6.5 CGPA. Your CAT score, along with an aptitude test and an interview are considered during the final selection process. The fees are around 9.27 lacs. Website link:

2. DMS IIT Delhi- Department of Management Studies

Location: Hauz Khas, Delhi, Ranks: Business Today‘19- 17; NIRF‘20- 8, Being the second IIT institute in the top 8 MBA colleges, the rest being IIMs, it offers a salary package of around 15 lacs. A minimum of 6 CGPA is expected to be maintained by the applicant. The admission process is concluded by considering the CAT scores, performance in group discussion and in interview rounds. Extracurricular activities and internships are also considered in the selection process. The fees are 8 lacs. Website link:

3.XLRI Xavier School of Management

Location: Jamshedpur, Jharkhand, Ranks: Business Today‘19- 3; NIRF‘20- 9, XLRI is said to be the oldest business school in India, founded by a few visionary Jesuit Fathers. The college also has an international student exchange program. The scores from the XAT exam, conducted by the XLRI, will allow you to seek admission in any of the 11 Xaviers management colleges and other 150 business schools all over India. The fees are 23.6 lacs. Website link:

4.MDI Gurgaon- Management Development Institute

Location: Gurgaon, Haryana, Ranks: Business Today‘19- 6; NIRF‘20- 10, MDI offers a scholarship program for all of it’s PG courses. Here, both Indian and foreign nationals are allowed to apply if they satisfy the eligibility criteria. The application forms are processed in the month of September at MDI. All the courses offered by MDI can be applied for using our CAT scores. Further, they assess the applicants in personal discussion and GD. The fees are approximately 11-12 lacs. Website link:

5.DOMs IIT Madras

Location: New Delhi, Delhi, Ranks: Business Today‘19- 32 ; NIRF‘20- 14, With its salary packages ranging from 10-12 lacs, DOMs IIT Madras has also been ranked 20 by The Week’19. Students are required to maintain a 6.5 CGPA, along with a valid CAT score for admission. IIT students with a CGPA 8 or above are exempted from giving CAT. NRI students need to give the GMAT exam. The fee here is around 8 lacs. Website link:

6.SPJIMR- S.P. Jain Institute of Management and Research

Location: Mumbai, Maharashtra, Ranks: Business Today‘19- 4 ; NIRF‘20- 18, Ranked 4th by Business Today’19 and 8th by The Week’19, S.P. Jain college is unarguably one of the finest management colleges in India. They were awarded for 'Excellence in Institutional Social Responsibility' at the FICCI in November 2019. Students have to give the NMAT exam to apply here. The approximate salary received after program completion is 20+ lacs. The fees at SPJIMR are around 17.5 lacs. Website link:

7. NMIMS School of Business Management, Mumbai

Location: Mumbai, Maharashtra, Ranks: Business Today‘19- 9; NIRF‘20- 24, Along with a wide range of programs to offer and a marvellous campus, SVKM's NMIMS is deemed-to-be-University. Expected salary is around 14 lacs. Along with SPJIMR, NMIMS also considers the NMAT score for admission. The second round of selection may have GD/written ability test/case discussion after which a personal interview is conducted. Maintaining a 6.5-7 CGPA is advised. The fees are around 20 lacs. Website link:


Janaki Talekar