Education

Which are the best MBA colleges in India if don’t qualify for IIMs

By on May 30, 2019

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.

Total fees 20,960
Duration 2 years
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.

Programme MBA
Total fees 8.32 L
Duration 2 years
Seats 120
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.

Programme PGDM
Total fees 16.25 L
Duration 2 years
Seats 240
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.

Programme PGDIM
Total fees 8.1 L
Duration 2 years
Seats 274
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
Duration 2 years
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
Duration 2 years
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
Duration 2 years
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.

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