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by | Published: | Updated: 26/09/2020


There are many business schools and colleges in India offering two-year MBA or PGDM programs accredited by AICTE or UGC. The Indian Institutes of Management are among the world's most selective schools according to Bloomberg magazine. They offer a post-graduate degree in management. There are 20 IIMs in total. Master of Business Administration is one of the most prestigious Degrees in the Management field to stimulate careers, which is pursued after graduation. Management Studies has become the first choice of every graduate as with the help of good managerial skills an individual is able to get an excellent job of their interest with good package. India has a great plethora of Best Management Institute that are capable enough to fulfil the dream of a number of MBA aspirant in a very fruitful way. Several Entrance Exams like CAT, GMAT, CMAT, XAT, MAT, SNAP, IGNOU etc. are conducted through which students can get admission in various MBA courses and become a part of Best Management Colleges in India.


The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, business communication, business ethics, business law, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy.

So in order to make their career safe one must choose a college which offers the best educational facilities and placement opportunities to get placed with the highest offered package. Here we present a list of Best colleges for MBA in India with Highest Salary Package in addition to the respective course offered. This list has been prepared by taking help from the survey conducted by Economic Times and Business Today. For more detail about college and admission process visit on official website. Links are given below.


IIM Ahmedabad - Indian Institute of Management (IIMA)

Established in the year 1961, the Indian Institute of Management Ahmedabad is a renowned public university that offers different programmes in management. IIMA is governed by the IIMA Society, which was formed following the Societies Act.

In 2008, this institution became the premier management institution in India to be given EQUIS (European Quality Improvement System) accreditation. IIMA also provides executive education which has over 200 programmes on it.


Indian Institute of Management

Vastrapur, Ahmedabad 380015



Website: https://www.iima.ac.in/


IIM Bangalore - Indian Institute of Management (IIMB)

Known to be an institute of national importance, Indian Institute of Management in Bangalore is among the top graduate schools of management in Asia. The institute comprises several full-time faculty members and over 1,200 students across several degree-granting programmes. Considering the rising needs of graduates under IIM, the Government of India decided to open another Indian Institute of Management in Bangalore. Notably, the institute was established in 1973. The institute is recognised by the University Grants Commission and All India Council for Technical Education.


Indian Institute of Management Bangalore

Bannerghatta Road, Bengaluru, India- 560076

Website: https://www.iimb.ac.in/


IIM Calcutta - Indian Institute of Management (IIMC)

Established in 1961, the Indian Institute of Management Calcutta (IIMC) was the first school for postgraduate courses and research in management. It was established by the Government of West Bengal along with the collaboration of Alfred P. Sloan School of Management (MIT) and the Ford Foundation. Over the years, IIMC has become an eminent institution offering world-class courses in management. The institute offers a variety of management courses such as Post Graduate Diploma in Management (PGDM), PGPEX (Post Graduate Programme for Executives), PGPEX-VLM - Visionary Leadership in Manufacturing, Post Graduate Diploma in Business Analytics (PGDBA), Executive Training Programmes, Masters in Business Administration (MBA) and Doctoral Programmes.



Diamond Harbour Road

Joka, Kolkata (Calcutta) - 700104

West Bengal




XLRI Xavier School of Management

XLRI, the oldest B-school in India, was founded in 1949 by a few visionary Jesuit Fathers to bring a change in the economy and society at large. The institute always strives to be a management school with a difference. XLRI – Xavier School of Management, formerly Xavier Labor Relations Institute, is a management school founded in 1949 by the Society of Jesus and based in Jamshedpur, Jharkhand, India. XLRI was ranked seventh among management schools in India by the National Institutional Ranking Framework in 2019. It was ranked third in India by Business Today's "India's best B-schools 2018" and Outlook India's "Top 100 Management Schools" of 2017.



C. H. Area (East)

Jamshedpur - 831001

Jharkhand, India

Website: https://www.xlri.ac.in/


MDI Gurgaon - Management Development Institute

Established in 1973, Management Development Institute (MDI) is one of India's leading business schools. Located in Gurgaon, the private college was founded by Industrial Finance Corporation of India. It also has a campus near Murshidabad in West Bengal. MDI is known for being the first Indian business school to receive international accreditation by the Association of MBAs (AMBA) in 2005. It is also named amongst a few B-schools that hold the accreditation of the coveted South Asian Quality Standards (SAQS). The institution offers numerous postgraduate, executive postgraduate and continuing education programmes.



Management Development Institute

Mehrauli Road


Gurgaon - 122 007


Website: https://www.mdi.ac.in/


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

S.P. Jain Institute of Management and Research (SPJIMR) is a constituent business school of the Bharatiya Vidya Bhavan. SPJIMR sits on a 45-acre campus in the western suburbs of Andheri in Mumbai. The Institute has an annual intake of some 700 students under various programmes. Its oldest programme is the two year Post Graduate Diploma in Management (PGDM). At the time of its establishment, SPJIMR was among the three business schools in Mumbai. After the financing from the Sahu Jain family stopped, the institute disaffiliated itself from Bombay University to provide itself with more freedom in curriculum decision-making and pedagogy design. SPJIMR is a part of the Bharatiya Vidya Bhavan and operates out of its campus at Munshi Nagar, Dadabhai Road, Andheri West, Mumbai.



Bhavan's Campus

Munshi Nagar | Dadabhai Road,

Andheri West | Mumbai - 400 058, India

Website: https://www.spjimr.org/


IIM Kozhikode - Indian Institute of Management (IIMK)

Indian Institute of Management Kozhikode was instituted in 1996 by the Government of India in collaboration with the Government of the state of Kerala and the first batch of 42 students commenced in 1997 at the temporary campus at the National Institute of Technology Calicut. The institute conducts a full range of academic activities in the field of management education covering research, teaching, and training, consulting and intellectual infrastructure development. The institute emphasises the development of analytical skills and a focus on global and cross-cultural issues with a balance between business demands and social concerns.


Indian Institute of Management Kozhikode

IIMK Campus P. O.,

Kozhikode, Kerala, India- 673 570

Website: https://www.iimk.ac.in/


NMIMS School of Business Management- Mumbai (Narsee Monjee)

SVKM's NMIMS, formerly Narsee Monjee Institute of Management Studies (NMIMS), is a higher education institute deemed to be university, headquartered in Vile Parle, Mumbai, Maharashtra, India. NMIMS School of Business Management was established as a management institute in the year 1981. It serves as a multi-disciplinary institution that has campuses in Indore, Bangalore, Mumbai, Hyderabad, Shirpur and Navi Mumbai. The Mumbai campus has 11 schools with each operating as a standalone unit with separate infrastructure.  It has campuses at Bangalore, Hyderabad, Indore, Mumbai, Navi Mumbai and Shirpur, having 12 constituent schools that offer courses in management, engineering, pharmacy, architecture, commerce, business, economics, science, law, aviation, liberal arts, music and design.



V. L, Pherozeshah Mehta Road, JVPD Scheme, 

Vile Parle West, Mumbai, 

Maharashtra 400056

Website: https://www.nmims.edu/


IMT Ghaziabad - Institute of Management & Technology Ghaziabad

Dr K. Nath Public Trust was created by Shri Mahendra Nath with the goal of creating and supporting trade schools and institutes of higher education.Institute of Management Technology, Ghaziabad abbreviated as IMT, is a private business school with its main campus at Ghaziabad in the Indian state of Uttar Pradesh. It is consistently ranked among India's Top 20 business schools and Top 10 private business schools. It is an AICTE approved business school and offers postgraduate diploma and executive education programmes in management. It also offers distance learning and collaborative programmes.


Raj Nagar, Ghaziabad, Uttar Pradesh 201001

Website: https://www.imt.edu/


Symbiosis Institute of Business Management - Pune, Symbiosis International, Pune - Lavale Hill Top Campus

Symbiosis is a family of academic institutions which include University, Colleges, Centres and Schools which have been imparting quality education for over 47 years. It is host to over 34,000 Indian and International students on campus. The first institutions belonging to the Symbiosis Society were established in 1971 under the patronage of S. B. Mujumdar, president and founding director of the Symbiosis Society, and were affiliated with the University of Pune. Symbiosis International University, officially Symbiosis International (Deemed University), is a higher-education institute deemed to be university, headquartered in Pune, Maharashtra, India. The university has 38 academic institutions spread over ten campuses in Bangalore, Hyderabad, Nagpur, Nashik, Noida and Pune.



Symbiosis International (Deemed University)

Gram: Lavale, Tal: Mulshi,

Dist: Pune, Maharashtra, India-412115

Website: https://siu.edu.in/


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