Important Facts
College Vidya Team Sep 9, 2024 13.5K Reads
Not only are there a substantially large number of government management institutions that provide an MBA in India, but some of the top management institutions of India as per national and global rankings include various government institutes and colleges for MBA. Here in this blog we have provided you in-depth information about the top government institutes and colleges for an MBA course in India, along with key details related to their placements, RoI, industry connections etc. Continue reading to find out more about the best government MBA colleges of India.
When it comes to taking up any higher educational course, an aspirant looks for the top institutions in the nation for the course, especially in the public sector. The case of an MBA college is no exception, and the top colleges and institutes for an MBA are also the government institutions.
So, students willing to pursue an MBA from a top accredited institution can go for the various government colleges of India that offer an MBA or an equivalent degree course. These government MBA colleges are highly acclaimed internationally in the management circles as well, and as a result, are some of the toughest MBA institutions to get into. However, with sufficient preparation and profile building since early years of graduation, a candidate can get admission into such colleges as well as develop a successful career in management for themselves. Also Read: Full form of MBA.
Here is a list of the top 10 government management colleges/institutes of India as per the national rankings of NIRF for the management category (2024).
MBA College/University |
NIRF Ranking |
Course |
Accepted Entrance Exams |
MBA Fees (Approx.) |
Indian Institute of Management (IIM) Ahmedabad |
1 |
Post Graduate Program in Management (PGPM) |
CAT, GMAT |
INR 25,00,000 |
Indian Institute of Management (IIM) Bangalore |
2 |
Master of Business Administration (MBA) |
CAT, GMAT |
INR 24,00,000- INR 25,00,000 |
Indian Institute of Management (IIM), Kozhikode |
3 |
Post Graduate Program in Management (PGPM) |
CAT, GMAT |
INR 20,00,000-INR 21,00,000 |
Indian Institute of Management (IIM) Calcutta |
5 |
Masters of Business Administration (MBA) |
CAT, GMAT |
INR 24,00,000 |
Indian Institute of Technology (IIT), Delhi |
4 |
Masters in Business Administration (MBA) |
CAT |
INR 10,00,000–INR 11,00,000 |
Indian Institute of Management (IIM), Lucknow |
7 |
Post Graduate Program in Management (PGPM) |
CAT, GMAT |
INR 19,00,000–INR 20,00,000 |
National Institute of Industrial Engineering (NITIE), Mumbai |
6 |
Post Graduate Diploma in Management (PGDM) |
CAT |
INR 13,00,000-INR 14,70,000 |
Indian Institute of Management (IIM), Indore |
8 |
Post Graduate Program in Management (PGPM) |
CAT, GMAT |
INR 21,00,000 |
Indian Institute of Technology (IIT), Bombay |
10 |
Master of Business Administration (MBA) |
CAT |
INR 2,00,000-INR 7,00,000 |
Indian Institute of Management (IIM), Raipur |
14 |
Post Graduate Program in Management (PGPM) |
CAT |
INR 15,92,960 |
Being the top management institutions of India, the government MBA colleges have quite a comprehensive framework for admission and selection of candidates. The main stages of admission to a government MBA college of India are:
The minimum eligibility criteria for applying to an MBA (or equivalent program) in a government MBA college requires the aspirant to meet a basic eligibility criteria for admission:
Student Also Ask |
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After a candidate meets the eligibility criteria for admission, the next step for admission is qualifying an accepted management entrance exam. The top government institutions for an MBA, which constitutes IIMs and IITs (and other universities), accept scores of the candidate on mainly two entrance examinations:
Some other commonly accepted management entrances include:
Here is a list of the top 10 MBA government colleges of India as well as the accepted entrance exams in these institutions.
College/University |
Accepted Management Entrance Exam |
Indian Institute of Management (IIM) Ahmedabad |
CAT, GMAT |
Indian Institute of Management (IIM) Bangalore |
CAT, GMAT |
Indian Institute of Management (IIM), Kozhikode |
CAT, GMAT |
Indian Institute of Management (IIM) Calcutta |
CAT, GMAT |
Indian Institute of Technology (IIT), Delhi |
CAT |
Indian Institute of Management (IIM), Lucknow |
CAT, GMAT |
National Institute of Industrial Engineering (NITIE), Mumbai |
CAT |
Indian Institute of Management (IIM), Indore |
CAT, GMAT |
Indian Institute of Technology (IIT), Bombay |
CAT |
Indian Institute of Management (IIM), Raipur |
CAT |
If the candidate makes it through the screening rounds of admission based on management entrances, the next rounds include:
Many of these institutions also give weightage to other factors such as past academic record, work experience, scholastic and extracurricular achievements etc.
Given below are important details about the MBA programs at the top 10 NIRF Ranked Management institutions of India.
Indian Institute of Management (IIM), Ahmedabad was established by the Government of India (GoI) as a premier institute of management in December 1961 in the city of Ahmedabad, Gujarat. IIM-A is an institution of eminence in the nation and has received consistently high rankings among colleges for management by the NIRF. As of 2024, it is the number 1 college of India for management. It boasts of a highly experienced residential faculty for teaching, vast industry connections for collaborations and placements and a focus on research and innovation. It provides a PGDM course with the choice of picking one’s area of specialisation from 10 elective domains. With excellent placement services, IIM-A offers best placement services and rates of RoI to management graduates after course completion.
Find more important details about the PGDM course at IIM-A.
Degree Offered |
Post Graduate Diploma in Management (PGDM) |
Accreditations |
NIRF (Rank 1 in Management Category), EQUIS |
Institution Location |
Ahmedabad |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT, GMAT |
Course Specialisations |
|
Full Course Fees |
INR 25,00,000 (Approx.) |
Average Placement Package |
INR 35,00,000 P.A. |
Indian Institute of Management (IIM), Bangalore, is among the top 3 IIMs in India and is the second-best management institution in the nation as per NIRF Management rankings (2024). It was established in 1973 and has accolades such as the accreditation from EQUIS. With a full-time faculty of over 106 experienced and industry-trained members, a large number of fellowships, innovative research activities and all-round placement services, the institute offers a holistic and transformational learning experience to its students. The MBA program offered at IIM-B is of 2 years of duration, with choice of specialisation from over 7 domains of management, along with facilities like industry-connect, hands-on learning, placement facilities etc.
Find further important details about the MBA course at IIM-B here.
Degree Offered |
Masters of Business Administration (MBA) |
Accreditations |
NIRF (Rank 2 in Management Category), EQUIS |
Institution Location |
Bangalore |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT, GMAT |
Course Specialisations |
|
Full Course Fees |
INR 24,00,000- INR 25,00,000 |
Average Placement Package |
INR 34,00,000 P.A. |
The Indian Institute of Management (IIM) Kozhikode was established in 1996 as the fifth IIM of India. Since then, it has been ranked among the top management institutions of India. The institute has the approvals of AMBA, AACSB, EQUIS and has been ranked as the 5th best management institute of India. It has multiple industry linkages as well as academic collaborations for student exchange programs, research collaborations etc. The institute offers a Post Graduate Program in Management (PGPM), which is equivalent to an MBA degree course. The course is offered in 8 areas of specialisations, along with facilities for lecture and case-based learning, industry visits, professional exposure, placement training and placements through campus selections.
Find more relevant details about the MBA program of IIM Kozhikode.
Degree Offered |
Post Graduate Program in Management (PGPM) |
Accreditations |
NIRF (Rank 3 in Management Category 2024), EQUIS, AMBA, AACSB |
Institution Location |
Kozhikode |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT, GMAT |
Course Specialisations |
|
Full Course Fees |
INR 20,00,000-INR 21,00,000 |
Average Placement Package |
INR 30,00,000 P.A. |
The Indian Institute of Management (IIM), Calcutta, was established in 1961 and was the first institute in India to offer post-graduate studies and research in the field of management. The institute has accreditations from the prestigious AACSB and is also the fifth top management institution of India as per the rankings of NIRF 2024 (management category). The institution offers a full-time MBA course with the choice of 7 specialisations. The course offers good placement services with quite appealing RoIs through campus selections. Other major benefits of the institute include a number of certification and executive courses available to be pursued alongside (or after completion of) the course.
Find important details about the MBA program at IIM-C here.
Degree Offered |
Masters of Business Administration (MBA) |
Accreditations |
NIRF (Rank 5 in Management Category), AACSB |
Institution Location |
Kolkata |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT, GMAT |
Course Specialisations |
|
Full Course Fees |
INR 24,00,000 |
Average Placement Package |
INR 35,00,000 P.A |
The Indian Institute of Technology (IIT) Delhi, was originally started as the “College of Engineering” in 1961 in the capital city of the nation, Delhi. In addition to being a top engineering college of India, IIT-D has also emerged as one of India’s best management institutions. As of 2024, it is ranked as the fourth top institute of India for management education. It is also a NAAC-rated A-grade educational institution. The course offered here is a 2-year MBA degree program. There are 6 areas of specialisation that a student can choose from, and students are given expert supervision and guidance by the highly experienced faculty of the institute. There is an emphasis at IIT-D on research-based managerial insights. The institute provides excellent placement services for the course as well, with a focus on bringing meaningful and diverse job opportunities to graduates in top firms.
More essential details about the MBA course at IIT-Delhi have been listed here.
Degree Offered |
Masters in Business Administration (MBA) |
Accreditations |
NIRF (Rank 4 in Management Category 2024), NBA, NAAC ‘A’ |
Institution Location |
Delhi |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT |
Course Specialisations |
|
Full Course Fees |
INR 10,00,000–INR 11,00,000 |
Average Placement Package |
INR 22,00,000 P.A. |
Indian Institute of Management (IIM), Lucknow was the fourth IIM to be established in India, in the year 1984. It is the only IIM with a satellite campus in Noida. The institute has been ranked as the seventh-best institution for management education in India by the NIRF (2024). It has accreditation from AACSB and an AMBA membership. It offers a Post Graduate Program in Management (PGPM) (a course equivalent to an MBA) for which candidates are selected on the basis of CAT and GMAT scores. There are 8 specialisations from which students can select their area of interest. The course is placement-integrated, with quite satisfactory RoIs and average CTCs worth INR 31 LPA.
Find further details about the PGPM course at IIM Lucknow here.
Degree Offered |
Post Graduate Program in Management (PGPM) |
Accreditations |
NIRF (Rank 7 in Management Category 2024), AACSB, AMBA |
Institution Location |
Lucknow |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT, GMAT |
Course Specialisations |
|
Full Course Fees |
INR 19,00,000–INR 20,00,000 |
Average Placement Package |
INR 31,00,000 P.A. |
The National Institute of Industrial Engineering (NITIE) was established in 1963. It was established by the collaboration of the Government of India, United Nations Development Programme (UNDP) and the International Labor Organization (ILO). It is the sixth best institution for management in India as per the NIRF 2024 Rankings. It offers a PGDM program which is equivalent to an MBA as per the mandate by the AIU. The institute provides multiple facilities of learning including student exchange programs in various top universities of North America, South America, Europe, and South-East Asia, industry-based learning activities, supervision and mentorship by the experienced faculty of NITIE and more. The placement trends over the years at NITIE have shown quite high RoI, with placement packages almost double the course fee for the PGDM.
Find more important details about the PGDM course of NITIE here.
Degree Offered |
Post Graduate Diploma in Management (PGDM) |
Accreditations |
NIRF Rank 6 in Management Category |
Institution Location |
Mumbai |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT |
Course Specialisations |
|
Full Course Fees |
INR 13,00,000-INR 14,70,000 |
Average Placement Package |
INR 31,00,000 P.A. |
Indian Institute of Management (IIM), Indore, established in 1996 is one of the best management institutions for management education and has been ranked by the NIRF as being the eighth best in India (2024). The institute has top accreditations including those from AACSB and EQUIS, and is also a member of the AMBA. It has an impressive faculty of 86 full-time members, who are highly skilled and experienced in management education. The institute offers a Post Graduate Program in Management (PGPM) of 2 years, which is equivalent to an MBA. There are 6 specialisations available for the course. In addition to the innovative pedagogy and practical learning and exposure available in the course, IIM Indore also provides skill development courses that can be taken up by the students. The RoI is also quite satisfactory at IIM Indore.
Find more details about the PGPM at IIM Indore.
Degree Offered |
Post Graduate Program in Management (PGPM) |
Accreditations |
NIRF (Rank 8 in Management Category 2024), AACSB, AMBA, EQUIS |
Institution Location |
Indore |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT, GMAT |
Course Specialisations |
|
Full Course Fees |
INR 21,00,000 |
Average Placement Package |
INR 25,00,000 P.A. |
The Indian Institute of Technology (IIT), Bombay is the 10th top management institution of India (based on NIRF Ranking of Management Category 2024). It provides its management education through the Shailesh J. Mehta School of Management that was established in 1995. The institute is highly acclaimed as not only being a premier centre for engineering but also for management education. It offers a full-time MBA degree with the option of specialising in any of the 4 areas of marketing, operations, finance, information system etc. The institute ensures an all-round development of skills and conducts regular international consortiums, workshops, industry visits, interactive sessions with professional experts etc. The placement services of the institute also help to bring diverse job opportunities with appealing packages.
Find more details about the MBA course offered at IIT Bombay here.
Degree Offered |
Master of Business Administration (MBA) |
Accreditations |
NIRF Rank 10 in Management Category, QS World University Ranking (Business and Management Category) Rank 5 |
Institution Location |
Mumbai |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT |
Course Specialisations |
|
Full Course Fees |
|
Average Placement Package |
INR 29,00,000 P.A |
The Indian Institute of Management (IIM) Raipur is among the new generation of IIMs established in India and was founded in Raipur in 2010. It is among the top 20 management institutions in India as per the NIRF Management rankings (2024). It is also internationally recognized as one of the eminent institutions for management education, as it is also accredited by the AACSB.
The course offered at IIM Raipur is a Post Graduate Program in Management (PGPM), which is a two-year degree program equivalent to an MBA. 5 major specializations are offered in this course, including marketing, finance, HRM, IT and operations and strategy management in addition to the alternative of general management. The course curriculum at IIM-Raipur is prepared as per the latest standards and demands of the industry, and the placement services provided here are also quite efficient, with the latest reports of 100% placements for the PGPM batch. The RoI for the institute is satisfactorily high.
Find further details about the PGPM course at IIM Raipur below.
Degree Offered |
Post Graduate Program in Management (PGPM) |
Accreditations |
NIRF Rank 14 in Management Category, AICTE, AACSB, etc. |
Institution Location |
Raipur |
Course Duration |
2 Years |
Accepted Entrance Examinations |
CAT |
Course Specialisations |
|
Full Course Fees |
INR 15,92,960 |
Average Placement Package |
INR 21,04,000 P.A |
One of the key reasons for the acclaim and educational value of the MBA programs at institutions like the IIMs and IITs is their excellent return on investment after completion of the course. Although the course fee at such institutions tends to be in a comparatively higher range than many government universities and colleges, students get an excellent exposure to top professional job options and appealing salary packages after completion of the course from these institutes.
The RoI of an MBA college reflects the ratio of the average placement CTC offered at campus selection to the full course fee of the degree. It indicates how quickly the graduate can recoup their financial and other investments into the course in terms of the placement they get after completing the course.
The RoI of the top 10 government MBA colleges of India are quite appealing with job options in both the private and public sectors. The dedicated placement cells provide both professional grooming as well as access to the best job opportunities in top national and international companies and firms.
Here is a list of the full course fee for completing an MBA program from the top government management institutions along with the average placement packages that they secured through campus selection after course completion.
College/Institute |
Full Course Fees |
Average Placement Package |
Indian Institute of Management (IIM) Ahmedabad |
INR 25,00,000 |
INR 35,00,000 P.A. |
Indian Institute of Management (IIM) Bangalore |
INR 24,00,000- INR 25,00,000 |
INR 34,00,000 P.A. |
Indian Institute of Management (IIM), Kozhikode |
INR 20,00,000-INR 21,00,000 |
INR 30,00,000 P.A. |
Indian Institute of Management (IIM) Calcutta |
INR 24,00,000 |
INR 35,00,000 P.A |
Indian Institute of Technology (IIT), Delhi |
INR 10,00,000–INR 11,00,000 |
INR 22,00,000 P.A |
Indian Institute of Management (IIM), Lucknow |
INR 19,00,000–INR 20,00,000 |
INR 31,00,000 P.A. |
National Institute of Industrial Engineering (NITIE), Mumbai |
INR 13,00,000-INR 14,70,000 |
INR 31,00,000 P.A. |
Indian Institute of Management (IIM), Indore |
INR 21,00,000 |
INR 25,00,000 P.A. |
Indian Institute of Technology (IIT), Bombay |
INR 29,00,000 P.A |
INR 29,00,000 P.A |
Indian Institute of Management (IIM), Raipur |
INR 15,92,960 |
INR 21,04,000 P.A. |
One of the prime reasons for the various government management institutions being ranked as some of the nation’s top options for an MBA is their excellent industry connections and placements. These colleges/institutions not only have top facilities for placements, but also connections with the large business firms, corporate and industrial giants for hiring and recruitment of the MBA graduates each year.
These include various MNCs, companies, corporate firms as well as start-ups that bring in a host of unique and high-paying job options and career opportunities to the graduates through direct campus selections. The major sectors that hire MBA graduates from the top institutions of India include:
Marketing |
Operations |
Advertising |
e-Commerce |
Consultancy |
Healthcare |
Research and Development |
Banking and Finance |
FMCG Industry etc. |
|
Here is a list of a few of the top recruiters of the top 10 government MBA colleges of India.
College/Institute/University |
Top Recruiting Partners |
Indian Institute of Management (IIM) Ahmedabad |
|
Indian Institute of Management (IIM) Bangalore |
|
Indian Institute of Management (IIM), Kozhikode |
|
Indian Institute of Management (IIM) Calcutta |
|
Indian Institute of Technology (IIT), Delhi |
|
Indian Institute of Management (IIM), Lucknow |
|
National Institute of Industrial Engineering (NITIE), Mumbai |
|
Indian Institute of Management (IIM), Indore |
|
Indian Institute of Technology (IIT), Bombay |
|
Indian Institute of Management (IIM), Raipur |
|
With the advent of internet-based learning and rising recognition and credibility that virtual education is gaining across the world, India is rapidly catching up to the latest technological features that can be used in education. A major thrust in this direction is the recognition given to online degrees by the UGC Distance Education Board (UGC-DEB), with an online MBA degree being one of the first courses to be identified as appropriate for online delivery.
So, a large number of top management institutions of India are also providing full-time online MBA courses in addition to regular offline MBA. Necessary approvals and accreditations are needed for providing a fully online MBA from bodies like the UGC-DEB, as well as AICTE. Colleges with such approvals can offer students fully online MBA degrees as well, which will be deemed equivalent to regular MBAs as per UGC guidelines.
Here is a consolidated list of some of the top institutions of India that are offering a duly-accredited online MBA in India.
University |
Location |
Course |
Mode |
Chandigarh University Online |
Chandigarh |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Anna University |
Chennai |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
SRM College of Management-SRM University |
Chennai |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Bharathidasan University |
Chennai |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Dr. D. Y. Patil Vidyapeeth, Pune |
Pune |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Jain Online |
Bangalore |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Hindustan University CODE |
Chennai |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Amity Online |
Noida (Main Campus) |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Online Manipal |
Jaipur & Bangalore |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Lovely Professional University (LPU) Online |
Phagwara |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
ICFAI Online |
Hyderabad (Main Campus) |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
GLA Online University |
Mathura |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Manav Rachna University Online |
Faridabad |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
UPES Online |
Dehradun |
Master of Business Administration (MBA) |
Online Learning Mode (OL) |
Great Lakes Institute of Management |
Chennai |
Post Graduate Diploma in Management (PGDM) |
Online Learning Mode (OL) |
Here is a list of some online MBA colleges in different regions. You can check out this list & choose the best one near your residential/work location.
Hence, it can be seen that not only is India home to some of the globe’s best management educational institutes for an MBA, a majority of these institutions are affiliated to the central or state governments of India, making for a nationally well-acclaimed degree with excellent scope of career development after course completion.
As per the NIRF rankings of 2024 in the management category, the best college for an MBA in India is the Indian Institute of Management (IIM), Ahmedabad.
The number one government college for MBA in India is the Indian Institute of Management (IIM) Ahmedabad.
Although the average fee for doing an MBA from a government college in India may range anywhere between INR 1,00,000 to INR 5,00,000, the cost of pursuing the degree from an IIM or IIT is usually in the range of INR 18,00,000 to INR 20,00,000.
The entrance examination needed to get admission to an IIM in India is the Common Admission Test or CAT. The scores on the Graduate Management Admission Test (GMAT) are also accepted at many IIM campuses.
There are approximately over 1200 government management colleges in India that offer an MBA or an equivalent degree like a PGDM or PGPM.
The Indian Institute of Management (IIM) is considered as one of India’s best institutes for taking up an MBA. There are 20 IIM campuses across India in various cities including Ahmedabad, Bangalore, Mumbai, Delhi, Indore etc.
Yes, there are over 1200 government management institutions that provide MBA or equivalent educational courses to students. Some of the top institutions providing an MBA include the IIMs, the IITs, FMS-University of Delhi, Jamia Millia Islamia University etc.
The average salary that an MBA graduate can earn in India is between INR 8 LPA to INR 10 LPA as a fresher.
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