Which are the best MBA colleges in India if don’t qualify for IIMs
MBA is considered among the most preferred programmes in terms of higher studies in India. The reason behind is the high salary packages offered to the management professionals. IIMs are undoubtedly the top MBA colleges in India. But, the competition is very high to get into IIMs. One misses the race even just for decimal margins in CAT. The story never ends at one point.
Aspirants should not disappoint if not get qualified for IIMs. There are also some institutes other than IIMs that are considered among the best MBA colleges in India.
Following are some of the top MBA colleges in India other than IIMs:
Faculty of Management Studies, Delhi
Affiliated to the University of Delhi, FMS is among the best MBA colleges in India.
The institute comprises eminent faculty members and maintains academic collaborations with foreign universities including the Harvard School of Business. It was ranked 5th among the B-schools in the country by The Week magazine in 2017.
|Average salary package||21 LPA|
|Highest salary package||66 LPA (Domestic)
1.02 Cr PA (International)
Shailesh J Mehta School of Management (SJMSOM)
Founded in 1995, SJMSOM is a part of the Indian Institute of Technology, Mumbai.
SJMSOM is known for its innovative learning system. The institute has been ranked 5th in NIRF 2018 by the HRD Ministry. Apart from the MBA, the B-school offers Executive MBA, MDP and Ph.D. programmes.
|Total fees||8.32 L|
|Average salary||19.06 LPA|
|Highest salary||32.4 LPA|
S P Jain Institute of Management and Research (SPJIMR), Mumbai
Inaugurated in 1981 by Margaret Thatcher, the then British Prime Minister, SPJIMR is one of the top MBA colleges in India. Preserving the values of BharatiyaVidyaBhavan, the institute is known for offering the best-in-class management education. The esteemed institute has been ranked 19th in NIRF 2018 by the HRD Ministry. Also, it has been ranked 6th among the MBA colleges in India by Business Today in 2018.
The institute offers various academic programmes including PGDM, PGPM, FPM, PGEMP and PGPFMB.
|Total fees||16.25 L|
|Average salary||22.24 LPA|
National Institute of Industrial Engineering (NITIE)
NITIE was founded in 1963 with the aid from the United Nations Development Program (UNDP). It is one of the best MBA colleges in India. The institute has been awarded 14th position in NIRF 2018 by the HRD Ministry for MBA. Courses offered here include PGDIE, PGDIM, PGDISEM and PGPEX- VLFM.
|Total fees||8.1 L|
|Average salary||19.77 LPA|
|Highest salary||46.5 LPA|
Management Development Institute (MDI), Gurgaon
Spread across 37 acres, MDI Gurgaon is among the top MBA colleges in India.
It has been ranked 12th in NIRF 2018 by the Ministry of HRD and 5th by Business Today in the MBA colleges’ category. MDI boasts of state-of-the-art infrastructure and highly-qualified faculty members to deliver the finest management education.
|Total fees||21.34 L|
|Average salary package||19.25 LPA|
|Highest salary package||28.74 LPA|
Xavier Institute of Management (XIMB), Bhubaneswar
Established in 1987, XIMB is among the best MBA colleges in India. It comprises hi-tech facilities and experienced faculty members. XIMB has been ranked 22nd among the business schools across India by Business Today in 2018.
|Total fees||21.1 L|
|Average salary package||12.44 LPA|
|Highest salary package||20 LPA|
NarseeMonjee Institute of Management Studies (NMIMS), Mumbai
Since 1981, NMIMS has been delivering quality education in the field of management studies. It has been placed at 24th position in NIRF 2018 by the HRD Ministry and ranked 11th by Business Today in 2018.
|Total fees||18.5 L|
|Average salary package||12 LPA|
|Highest salary package||30.60 LPA|
These are some of the top MBA colleges in India that are preferred after IIMs. All of these institutes have top–notch faculty members and modern infrastructure.