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Home Management Top 10 MBA Colleges In Gujarat 2024 - Admission, Fees, Exams

Top 10 MBA Colleges In Gujarat 2024 - Admission, Fees, Exams

Dec 11, 2023 5.7K Reads

With a number of infrastructural and technological advances taking place in the past decade, the state of Gujarat has emerged as one of the most plausible options for pursuing management education. With top institutions like the IIM, ICFAI, Amity etc located in the state, Gujarat boasts of its legacy in higher education for management aspirants. 

This blog brings consolidated information about the top management institutions across various cities of Gujarat along with other related details pertaining to the MBA (or equivalent course) offered by them.

Top 10 MBA Colleges in Gujarat  

Based on rankings by the NIRF for the management category as well as various crucial factors such as faculty, curricular rigour, infrastructure and pedagogical support at the institutions and their RoI on the course vis. a vis. Placement CTCs, details of a few of the prestigious MBA colleges and universities have been provided here. Also Read: Full form of MBA.

There are many cities in Gujarat that are not only home to internationally-acclaimed public institutes for an MBA but also have a host of well-regarded private institutions that are offering an MBA or equivalent program approved by the requisite statutory bodies. Some of these cities include Ahmedabad, Anand, Gandhinagar, Surat, Vadodara etc. 

Find a list of the top 10 MBA colleges for an MBA in Gujarat based on Management rankings by NIRF (2023) below. 

Top 5 Cheapest MBA Colleges in India

MBA College/University NIRF Ranking City  Course  Accepted Entrance Exams MBA Fees (Approx.)
Indian Institute of Management (IIM),  Ahmedabad  1 Ahmedabad  Post Graduate Program in Management (PGPM) CAT, GMAT INR 25,00,000
Mudra Institute of Communications, Ahmedabad (MICA) 37 Ahmedabad  Post Graduate Diploma in Management (PGDM) CAT/ XAT/GMAT/Mudra Institute of Communications, Ahmedabad (MICA)T INR 21,00,000 
Institute of Rural Management Anand 54 Anand  Master of Business Administration (MBA) CAT/GMAT INR 16,09,000
Nirma University 61 Ahmedabad  Master of Business Administration (MBA) CAT/GMAT INR 5,01,300
Pandit Deendayal Energy University 94 Gandhinagar  Master of Business Administration (MBA)  CAT/XAT/NMAT INR 8,38,000
Gujarat University    Ahmedabad  Master of Business Administration (MBA) CMAT, Gujarat Common Entrance Test (GCET) INR 24,000
Parul University, Vadodara   Vadodara  Master of Business Administration (MBA) Based on General Eligibility  INR 3,32,000
Narayana Business School Ahmedabad  MBA, PGDM  Qualifying Marks in Graduation (for MBA), NBSAT (for PGDM) INR 7,95,000
ICFAI Business School, Ahmedabad  Ahmedabad  Post Graduate Program in Management (PGPM)

IBSAT/CAT/NMAT/GMAT/SNAP/XAT/MAT

INR 9,09,000
S. V. Institute of Management (SVIM), Kadi Kadi  Master of Business Administration (MBA) CMAT INR 97,000

General Eligibility and Accepted Entrance Exams for Admissions in Gujarat  MBA Colleges 

With top institutions such as IIMs, ICFAI, MICA etc. in Gujarat, the admission criteria and eligibility conditions for enrolment in an MBA program are quite comprehensive and thorough. 

The preliminary screening of candidates is conducted based on the minimum eligibility criteria which includes requirements such as: 

  • A valid Bachelor’s degree from a Recognised Higher Educational Institution (HEI)
  • Minimum of 50% Aggregate Marks/Score in Graduation 

If the candidates fulfill these criteria, they are eligible to seek admission in an MBA program in Gujarat irrespective of their past academic background. A few institutions may also require a period of full-time professional experience (e.g. 2 years to 3 years) from the candidate. 

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Once the candidate is eligible for admission in the MBA program, they must clear rounds of selection which starts with a management entrance exam. The commonly accepted management aptitude exams for admission in an MBA program in Gujarat include: 

  • Gujarat Admission Committee for Professional Courses (ACPC) Test 
  • Common Admission Test (CAT) 
  • Common Management Admission Test (CMAT)
  • Management Aptitude Test (MAT)
  • Xavier Aptitude Test (XAT) 
  • Graduate Management Admission Test (GMAT) etc. 

The accepted management examinations in some of Gujarat’s top MBA colleges and universities have been enlisted below. 

College/University Accepted Management Entrance Exam
Indian Institute of Management (IIM),  Ahmedabad CAT, GMAT
Mudra Institute of Communications, Ahmedabad (MICA) CAT/ XAT/GMAT/Mudra Institute of Communications, Ahmedabad (MICA)T
Institute of Rural Management Anand CAT/GMAT
Nirma University CAT/GMAT
Pandit Deendayal Energy University CAT/XAT/NMAT
Gujarat University CMAT, Gujarat Common Entrance Test (GCET)
Parul University, Vadodara Based on General Eligibility
Narayana Business School Qualifying Marks in Graduation (for MBA), NBSAT (for PGDM)
ICFAI Business School, Ahmedabad

IBSAT/CAT/

NMAT/GMAT/

SNAP/XAT/MAT

S. V. Institute of Management (SVIM), Kadi CMAT

Further rounds of selection in an MBA college include screening based on personal interviews and group discussions.

The candidate who successfully qualifies each of the rounds of selection can then enrol themselves in the MBA program in the college of their choice. 

Best MBA Colleges in Gujarat  

Here we have provided important information about the top 10 colleges and universities for an MBA in Gujarat along with requisite details about the offered course. 

1) Indian Institute of Management (IIM),  Ahmedabad 

The Indian Institute of Management (IIM) in Ahmedabad is currently the nation’s best institution for management education as ranked by the NIRF (2023). The institution was started in 1961 by the Government of India (GoI), and is recognised by the EQUIS. The course offered at IIM-A is a Post Graduate Program in Management (PGPM), an equivalent course as an MBA. The selection procedure at IIM-A is quite comprehensive, and candidates who qualify the CAT/CMAT cutoffs must further appear for personal interview and group discussions for final selection. There are over 10 specialisations in which the course is offered, including a number of up-and-coming areas like food technology, communication management, decision sciences etc. The institute is renowned for its efficient placement services and offers placements with average packages of up to INR 35 LPA. 

Further details about the PGPM course in IIM-A have been provided below. 

Degree Offered  Post Graduate Program in Management (PGPM) 
Accreditations  NIRF (Rank 1 in Management Category), EQUIS
Course Duration  2 Years 
Accepted Entrance Examinations  CAT, GMAT
Course Specialisations 
  • Food and Agri Business Management 
  • Communication
  • Economics
  • Finance and Accounting Management 
  • Human Resource Management
  • Information Systems Management 
  • Marketing Management 
  • Organizational Behaviour
  • Operations and Decision Sciences
  • Strategy Management 
Full Course Fees INR 25,00,000 (Approx.)
Average Placement Package  INR 35,00,000 P.A. 

2) Mudra Institute of Communications, Ahmedabad (MICA)

MICA, or Mudra Institute of Communications was established in Ahmedabad in 1991 and is a private management institution that has been ranked among the top 50 management institutions of India by the NIRF (2023). The other major accreditations of MICA include those from AICTE, NBA, a membership of AIU etc. The institute offers a PGDM course with options of specialisation in 5 areas pertaining to communication, advertising, data science etc. The placement services of MICA allow the student to explore jobs in top companies in a variety of sectors. The RoI of placements at MICA is also satisfactorily high, with average packages starting from INR 20.09 LPA. 

Find more essential details about the PGDM program at MICA below. 

Degree Offered  Post Graduate Diploma in Management (PGDM)
Accreditations  AICTE, NBA, AIU, NIRF 2022 Rank 42 (Management Category)  etc.
Course Duration  2 Years
Accepted Entrance Examinations  CAT/ XAT/GMAT/MICAT
Course Specialisations 
  • Advertising & Brand Management,
  • Digital Communication Management
  • Data Science and Business Analytics
  • Media & Entertainment Management
  • Sales & Customer Relationship Management (Minor)
Full Course Fees INR 21,00,000 (Approx.)
Average Placement Package  INR 20,09,000 P.A.

3) Institute of Rural Management Anand

The Institute of Rural Management (IRMA) is a private HEI for management education especially in the rural domain. The institute was established in the city of Anand in Gujarat in 1979, and has been granted recognition from the AICTE for its technical courses and by the NAAC as an eminent institute. It is also a member of the AIU. The course offered here is a PGDM program approved by the AICTE, with a specialisation in rural management. The course is equivalent to an MBA as per AIU-guidelines and candidates who have cleared either the CAT, MAT or XAT are eligible to apply to this program. The placement services offered here along with the course ensure a satisfactory RoI and high CTCs, along with the opportunity to work in top corporates, MNCs etc. 

Given here are further details on the PGDM program at IRMA. 

Degree Offered  Post Graduate Diploma in Management (PGDM)
Accreditations  NAAC-Recognised, AICTE, AIU
Course Duration  2 Years 
Accepted Entrance Examinations  CAT/XAT/MAT
Course Specialisations 
  • Rural Management 
Full Course Fees INR 16,09,000
Average Placement Package  INR 15,50,000 P.A. 

4) Nirma University

A state private university in Ahmedabad, Nirma University was started in 1994 with the vision of carving a student-oriented and research-focused academic environment in higher education. The major accreditations in its basket include those like UGC, SAQS etc. It is also an A+ institution for higher education as per the NAAC score and among the top 50 management institutions of India as per the NIRF (2023). NU offers a full-time MBA program to students in 7 specialisation areas including those like Digital Transformation and Analytics and Family Business and Entrepreneurship among others. In terms of placements, NU extends 360-degree support from professional grooming and training to final placements after graduation. The RoI here is also quite high, almost twice as the full course fee. So students can benefit much from the career development scope at NU. 

Find more important information pertaining to the MBA program at NU here. 

Degree Offered  Master of Business Administration (MBA)
Accreditations  UGC, NAAC A+, SAQS, NIRF 2022 Rank 45 (Management Category) 
Course Duration  2 Years 
Accepted Entrance Examinations  CAT/GMAT
Course Specialisations 
  • Finance Management 
  • Marketing Management 
  • Human Resource Management (HRM)
  • Operations Management 
  • Digital Transformation & Analytics 
  • International Business Management 
  • Family Business & Entrepreneurship 
Full Course Fees INR 5,01,300
Average Placement Package  INR 12,00,000 P.A. 

5) Pandit Deendayal Energy University

Started in 2007, Pandit Deendayal Energy University (PDEU) is a private university for energy studies in the capital of Gujarat-Gandhinagar. Formerly known as Pandit Deendayal Petroleum University (PDPU), the university has been graded by NAAC as an A++ higher education centre. It is one of the top institutions for an MBA in Gujarat. It offers the full-time MBA program through its School of Management. The course is AICTE-approved and includes options for specialisation in 5 domains–energy management, finance, marketing, operations and human resources. The university has consistently shown satisfactory placement records, and offers 100% placements to its MBA batches along with fair compensation and scope for quick career escalation. 

Find more details about the MBA program at PDEU here. 

Degree Offered  Master of Business Administration (MBA) 
Accreditations  UGC, NAAC A++, AICTE, AIU etc.
Course Duration  2 Years 
Accepted Entrance Examinations  CAT/XAT/NMAT
Course Specialisations 
  • Energy and Infrastructure Management 
  • Finance Management 
  • Marketing Management 
  • Operations Management
  • Human Resources Management (HRM)
Full Course Fees INR 8,38,000
Average Placement Package  INR 9,45,000 P.A. 

6) Gujarat University 

Gujarat University is one of India’s oldest formal higher education institutions that was started post-independence in 1949. It is a UGC and NAAC-recognised state government university. It is among the nation’s 70 best universities as per the NIRF rankings in 2023. The MBA program offered here has been approved by the AICTE and includes the choice of specialisation from over 5 major domains and the domain of general management. Being a public university, it offers highly affordable educational services, especially in comparison with private business schools. The full course fee for an MBA at GU is INR 24,000 for two years, further supported by financial aid. Candidates qualifying the Gujarat CET or the CMAT are eligible to seek admission in the program. The placements after graduation are also satisfactorily high and offer excellent returns on investment to students. 

Key details about the MBA program at GU have been provided here. 

Degree Offered  Master of Business Administration (MBA)
Accreditations  UGC, NAAC (B++ Grade), AICTE, NIRF Rank 61 in Universities Category (2023) etc. 
Course Duration  2 Years 
Accepted Entrance Examinations  CMAT, Gujarat Common Entrance Test (GCET)
Course Specialisations 
  • General Management 
  • Operations Management
  • Finance Management
  • Marketing Management
  • Human Resource Management (HRM)
  • Maritime Management (Port Management, Logistics and Shipping Management, Coastal Resources and Infrastructure Management)
Full Course Fees INR 24,000
Average Placement Package  INR 9,76,000 P.A. 

7) Parul University, Vadodara  

Parul University is a private university in Vadodara that was established in 2010 and has since established itself as one of the premier educational institutions of the state. It has multiple accreditations and recognitions such as those from UGC, AICTE, ARIIA etc. It is a NAAC-rated A++ institution of India. It offers an AICTE-recognised MBA degree to students who meet the minimum eligibility criteria of admission. The available 20 specialisations include those like agribusiness management, forensic accounting and fraud management, public policy etc. With a full fee of nearly INR 3.2 lakhs and average placements of INR 8 LPA, Parul University offers an excellent RoI to students after course completion. 

Find more details about the MBA program here.

Degree Offered  Master of Business Administration (MBA)
Accreditations  UGC, AICTE, NAAC A++, NIRF Management Category (2023), GSIRF (⅘ Stars), ARIIA etc. 
Course Duration  2 Years 
Accepted Entrance Examinations  Based on General Eligibility 
Course Specialisations 
  • Agribusiness Management
  • Information Technology (IT)
  • Forensic Accounting & Fraud Investigation
  • International Trade & Business
  • Banking and Financial Services
  • Logistic and Supply Chain Management
  • Digital Marketing and Sales
  • Marketing Management 
  • Entrepreneurship & Innovation Development
  • Operations Management
  • Family Managed Business
  • Pharmaceutical Management
  • Finance Management
  • Project Management
  • Healthcare Management
  • Public Policy
  • Human Resource Management (HRM)
  • Business Analytics
  • Tourism & Event Management
  • Retail Management 
Full Course Fees INR 3,32,000
Average Placement Package  INR 8,00,000 P.A. 

8) Narayana Business School

Narayana Business School is a B-school in Ahmedabad that was established in 2001 and is affiliated  to the Gujarat Technological University (GTU). It is an AICTE-recognised institution for technical and managerial education, and offers both an MBA and a PGDM program for students at the postgraduate level. Students are provided a choice between 8 specialisations including those like marketing, finance, HRM, IT, operations, data science quantitative finance or simply general management. The course fee for the programs is nearly INR 7.9 lakhs, with available financial aid through instalment payment facilities etc. The faculty, the pedagogical and infrastructural tools, industry connect etc. make the course here appealing, along with the professional advantage that students get through an efficient placement cell. The placement records and RoI for the course here are quite appealing. 

Given below are key details about the MBA and PGDM programs available at Narayana Business School. 

Degree Offered 
  • Master of Business Administration (MBA)
  • Post Graduate Diploma in Management (PGDM)
Accreditations  AICTE
Course Duration  2 Years
Accepted Entrance Examinations  Qualifying Marks in Graduation (for MBA), NBSAT (for PGDM)
Course Specialisations 
  • Marketing Management
  • Finance Management
  • Human Resource Management (HRM)
  • Information Technology (IT) Management
  • Operations Management
  • General Management
  • Data Science & Analytics
  • Quantitative Finance
Full Course Fees INR 7,95,000
Average Placement Package  INR 32,00,000 P.A.

9) ICFAI Business School, Ahmedabad

The ICFAI Business School, a part of the ICFAI Foundation for Higher Education (IFHE), is one of India’s highly reputed management institutions. The Ahmedabad campus of IBS was established in 1995 and has accreditations such as those from UGC, AICTE and NAAC (A++ Rating). The course offered at IBS is a Post Graduate Program in Management (PGPM), which is equivalent to an MBA program. The course is AICTE-recognised and candidates who qualify the IBSAT can seek admission to it. Candidates who meet the general eligibility and have a valid CAT/NMAT/GMAT/SNAP/XAT/MAT score can also apply for the PGPM course. The institute has a focus on extracurricular development, leadership skill development and research in addition to growing the professional expertise of the management student. The placements here are quite appealing, with high RoI and placement rates for the entire batches. 

Further information about the PGPM course at IBS have been enlisted below. 

Degree Offered  Post Graduate Program in Management (PGPM)
Accreditations  UGC, NAAC A++, AICTE etc. 
Course Duration  2 Years 
Accepted Entrance Examinations  IBSAT/CAT/NMAT/GMAT/SNAP/XAT/MAT
Full Course Fees INR 9,09,000
Average Placement Package  INR 19,66,000 P.A. 

10) S. V. Institute of Management (SVIM), Kadi

The S. V. Institute of Management is a private college in Kadi that is a part of the Sarva Vidhyalaya Kelavani Mandal and was established in 2002. It has the accreditations from NBA and AICTE. The MBA program at SVIM is offered in 4 specialisation areas, namely, marketing management, finance management, HRM and IT management. Candidates with a valid CMAT score can seek admission in the course. The academic support and faculty guidance, the pedagogy for teaching, the infrastructural facilities etc. available for the course etc. are quite comprehensive at SVIM and offer a good return on investment when combined with the average CTCs at which MBA graduates from the institute get placed after course completion. 

Find more details about the MBA program at SVIM listed here. 

Degree Offered  Master of Business Administration (MBA)
Accreditations  AICTE, NBA 
Course Duration  2 Years
Accepted Entrance Examinations  CMAT
Course Specialisations 
  • Marketing Management 
  • Finance Management 
  • Human Resource Management 
  • Information Technology (IT) Management 
Full Course Fees INR 97,000
Average Placement Package  INR 6,60,000 P.A. (Highest CTC)

City-Wise List of Top MBA Colleges in Gujarat 

Gujarat has a number of cities wherein management aspirants can take up an MBA or PGDM program. Gujarat is home to over 200 management institutions, which includes nearly 24 government management institutions and over 170 private institutions. The top cities that are preferred by management aspirants for MBA education include Ahmedabad, Gandhinagar, Surat, Vadodara etc. These cities have infrastructurally advanced support features, enhanced network and industrial connections, experienced faculty teaching the course and so on. 

Some of the best colleges in a few of the prominent cities of Gujarat have been listed below.  

1) Top MBA Colleges in Ahmedabad

Ahmedabad is by far the most reputed city in the state for management education, with nationally accredited and top-ranking management institutes located in the city. A number of government and private institutions in Ahmedabad provide duly accredited MBA degrees to students, a few of which have been listed here. 

MBA College/University Course  Accepted Entrance Exams MBA Fees (Approx.)
Faculty of Management Studies, Adani University 

Master of Business Administration (MBA)-

Infrastructure Management 

Master of Business Administration (MBA)- Energy Management

CAT/XAT/MAT/CMAT/GMAT/

ATMA

INR 4,17,000 
St. Kabir Institute of Professional Studies (SKIPS), Ahmedabad  Post Graduate Diploma in Management (PGDM) CAT/ CMAT/ MAT/ ATMA/ XAT/ GMAT INR 5,08,000
Amity Global Business School  Master of Business Administration (MBA)+ Post Graduate Program in Management (PGPM) Graduation Marks, English Essay, Interview  INR 5,61,000
Silver Oak University Master of Business Administration (MBA) INR 1,60,000
Shanti Business School  Post Graduate Diploma in Management (PGDM) MAT/CAT/CMAT/ATMA/XAT INR 7,70,000

2) Top MBA Colleges in Surat

Surat is also home to a number of private institutions and universities that offer an MBA degree. With nearly 10 management colleges in the city, students can choose the MBA college that offers them with the best educational and placement services. A few of the reputed MBA colleges and universities of Surat have been listed here. 

MBA College/University Course  Accepted Entrance Exams MBA Fees (Approx.)
Auro University  Master of Business Administration (MBA) CAT/MAT/CMAT/GMAT/XAT/Gujarat Common Entrance Test (GCET) INR 7,00,000 
P. P. Savani University Master of Business Administration (MBA) CMAT  INR 2,40,000
Veer Narmad South Gujarat University Master of Business Administration (MBA) CMAT INR 16,010 - INR 26,010
Indian School of Business Management and Administration (ISBM) Post Graduate Program in Management (PGPM) Based on General Eligibility  INR 49,900
SR Luthra Institute of Management (SRLIM), Surat Master of Business Administration (MBA) CAT/CMAT INR 1,52,000

 3) Top MBA Colleges in Vadodara 

Vadodara, located in the south-western part of Gujarat, is home to quite a few universities and management institutes that offer MBA programs, mostly in the private sector. The institutes in Vadodara are well-accredited and offer the course in a relatively affordable fee range. Here are a few of the reputed MBA colleges in Vadodara. 

MBA College/University Course  Accepted Entrance Exams MBA Fees (Approx.)
ITM Vocational University  Master of Business Administration (MBA) CAT/CMAT/XAT/MAT/NMAT INR 4,10,000
Navrachana University  (NUV)  Master of Business Administration (MBA) Based on General Eligibility  INR 2,28,000
Sigma University, Vadodara Master of Business Administration (MBA) Based on General Eligibility  INR 1,40,000
Sigma Institute Of Engineering, Vadodara Master of Business Administration (MBA) Gujarat ACPC  INR 1,20,000
Maharaja Sayajirao University of Baroda Master of Business Administration (MBA) CMAT  INR 1,14,320

4) Top MBA Colleges in Anand

Anand is a port city of Gujarat and has quite a thriving economic market and business environment. As a result, management aspirants can develop a successful career in the city. There are over 25 management institutions in the city. Here are a few of the top colleges and institutions for an MBA in Anand. 

MBA College/University Course  Accepted Entrance Exams MBA Fees (Approx.)
Sardar Patel Education Campus Master of Business Administration (MBA) CMAT INR 1,36,000
Indukaka Ipcowala Institute Of Management (I2IM), Anand Master of Business Administration (MBA) Gujarat ACPC INR 2,58,000
Anand Institute of Management (AIM), Anand Master of Business Administration (MBA) Gujarat ACPC INR 1,12,000
Shivam Institute of Management (SIM) Valasan, Anand Master of Business Administration (MBA) CAT/CMAT INR 1,12,000
Charotar University of Science and Technology (CHARUSAT), Anand Master of Business Administration (MBA) Based on General Eligibility  INR 2,58,000

5) Top MBA Colleges in Gandhinagar 

Gandhinagar is the capital of Gujarat and is a thriving centre of economy, higher education and industrial activities in the state. Consequently, there are a number of management institutions in the city with top educational facilities, placement services as well as experienced resident and visiting faculty. Here are a few of the top colleges and business schools in Gandhinagar for an MBA. 

MBA College/University Course  Accepted Entrance Exams MBA Fees (Approx.)
Entrepreneurship Development Institute of India Post Graduate Diploma in Management (PGDM) CAT/MAT/XAT/CMAT INR 10,54,000
Oakbrook Business School, Gandhinagar Master of Business Administration (MBA) CMAT  INR 1,40,000
Gujarat Maritime University (GMU), Gandhinagar Master Of Business Administration (MBA)  Based on General Eligibility  INR 3,02,000
School of Petroleum Management (SPM), Gandhinagar Master Of Business Administration (MBA)  CAT INR 8,46,000
Gandhinagar Institute of Technology (GIT), Gandhinagar Master of Business Administration (MBA) GUJCET/ PGCET/ CAT/ MAT/ XAT INR 1,52,000

RoI of MBA Colleges in Gujarat 

The placement services of the MBA colleges and business schools in Gujarat are among the top national professional assistance services for educational institutions. The management institutions in Gujarat offer students with widespread industrial exposure that allow for skill development and enable them to bag job opportunities with lucrative packages.

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The campus placement services of MBA colleges in Gujarat are also quite extensive, with top MNCs, market leaders, companies and firms partnering with the institutions to hire candidates for managerial positions. 

The return on investment in this regard provides an approximate index for how quickly the financial investments into the management course can be recouped by the student through the annual CTC at which they get placed through campus placements.

 

Here is a list of the full course fee of an MBA from the top management colleges and B-schools of Gujarat along with the average placement packages offered to MBA batches in the institutions through campus placements. 

College/Institute  Full Course Fees Average Placement Package 
Indian Institute of Management (IIM),  Ahmedabad  INR 25,00,000 INR 35,00,000 P.A. 
Mudra Institute of Communications, Ahmedabad (MICA) INR 21,00,000  INR 20,09,000 P.A. 
Institute of Rural Management Anand INR 16,09,000 INR 15,50,000 P.A. 
Nirma University INR 5,01,300 INR 12,00,000 P.A. 
Pandit Deendayal Energy University INR 8,38,000 INR 9,45,000 P.A. 
Gujarat University  INR 24,000 INR 9,76,000 P.A. 
Parul University, Vadodara   INR 3,32,000 INR 8,00,000 P.A. 
Narayana Business School INR 7,95,000 INR 32,00,000 P.A. 
ICFAI Business School, Ahmedabad  INR 9,09,000 INR 19,66,000 P.A. 
S. V. Institute of Management (SVIM), Kadi INR 97,000 INR 6,60,000 P.A. (Highest CTC)

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Top Recruiters

Some of the common sectors of jobs for MBA graduates in Gujarat include: 

  • FMCG Industry 
  • Marketing and Advertising 
  • ITES Industries
  • Research & Consultancy Firms 
  • Finance and Banking (BFSI Sector)
  • Education Technology Sector
  • Logistics and Operations 
  • Project Management 
  • Corporate Strategy etc. 

The industrial connect of the prestigious MBA colleges of Gujarat is quite extensive and diverse, with many MNCs, MNEs, firms, corporations and industries partnering with them to offer middle to top managerial job roles in diverse sectors to MBA graduates. A few of the top hiring partners of the top 10 MBA colleges of Gujarat have been enlisted below.

College/Institute/University   Top Recruiting Partners 
Indian Institute of Management (IIM),  Ahmedabad
  • Kotak Mahindra Bank
  • PayTM
  • KPMG
  • ITC Ltd.
  • Bain & Co
  • Microsoft
  • Reliance Industries
  • American Express
  • McKinsey & Company
  • Accenture etc.
Mudra Institute of Communications, Ahmedabad (MICA)
  • Mahindra Rise
  • Adani
  • Tech Mahindra
  • upGrad
  • Aditya Birla Group
  • Flipkart
  • Google
  • IBM
  • Amazon
  • Pidilite
  • Tata Steel
  • VIP etc.
Institute of Rural Management Anand
  • Adani Wilmar
  • Godrej
  • ITC Ltd.
  • McDonald’s
  • Dabur
  • Univia
  • Coromandel
  • IDFC First Bank
  • HDFC Bank
  • ICICI Prudential
  • Reliance
  • Mahindra Finance
  • Reliance
  • Ernst & Young
  • PwC
  • TVS
  • Tata Steel etc.
Nirma University
  • Reliance Retail
  • Bain & Co
  • Adani Wilmar
  • Bajaj Auto
  • Federal Bank
  • HDFC Bank
  • Tommy Hilfiger
  • Ernst & Young
  • Morgan & Stanley
  • Capgemini
  • Accenture
  • Hyundai  etc.
Pandit Deendayal Energy University
  • ICICI Bank
  • Larsen & Toubro
  • Accenture
  • Infosys
  • Infraline Energy
  • Indian Oil
  • Reliance Industries Ltd.
  • GECL
  • GSPC
  • Yes Bank etc.
Gujarat University
  • Tata Consultancy Services (TCS)
  • Federal Bank
  • ZIP Hire
  • Kotak Mahindra Bank
  • Trident Financials
  • Infosys  etc.
Parul University, Vadodara
  • Amazon
  • HDFC Bank
  • Vodafone
  • Tata AIG Insurance
  • Reliance Industries Ltd.
  • Aditya Birla Group
  • Byju’s
  • ICICI Bank
  • Amul etc.
Narayana Business School
  • IndusInd Bank
  • Aditya Birla Group
  • Genpact
  • Hindustan Times
  • Larsen & Toubro Infotech
  • HDFC Bank
  • Coca Cola
  • Citi Bank
  • Axis Bank
  • P & G
  • Eureka Forbes
  • Bajaj Finserv
  • Byju’s etc.
ICFAI Business School, Ahmedabad
  • ICICI Bank
  • Property PISTOL
  • Tata Consultancy Services (TCS)
  • Agilo Research Pvt. Ltd.
  • Larsen & Toubro Technology
  • ICICI Bank
  • HDFC Bank etc.
S. V. Institute of Management (SVIM), Kadi
  • Asian Paints
  • Bajaj Finance Ltd.
  • Bandhan Bank
  • Berger Paints
  • DCB India
  • ESAF Small Finance Bank
  • CSB Bank
  • HDFC Life Insurance
  • ICICI Bank
  • Indiamart
  • Kotak Mahindra Bank
  • Steels India
  • Tata Consultancy Services (TCS)

Online MBA Colleges in Gujarat 

Online learning methods are becoming increasingly prevalent in the current times of ICT-enabled education. With the recognition granted to fully online degree courses by the UGC-DEB, many top colleges and universities across India are extending their educational services to the realm of online learning. MBA colleges are no exception, as many reputed institutions are also offering fully online MBA/PGDM programs which are duly accredited by statutory bodies like the UGC-DEB and AICTE for online mode of delivery and are equivalent in credibility and value to a regular MBA course. 

Best Paid MBA Online Specialization

MBA Finance Online MBA Marketing Online
MBA HR Online MBA Operations Online
MBA IT Online MBA Business Analytics Online
MBA International Business Online MBA Data Science Online
MBA Project Management Online MBA Digital Marketing Online
MBA Banking and Finance Online MBA General Online

There are many benefits of taking up an online MBA program, some of which include an affordable fee range, a degree of equivalent credit as a regular MBA, absence of rigid study schedules and region-constrained educational options among others.

Here is a list of some of the top higher educational institutions in India that are offering fully online MBA courses, with due accreditations from bodies like the UGC-DEB. 

University  Location  Course  Mode 
Amity University Online  Noida (Main Campus) Master of Business Administration (MBA)  Online Learning Mode (OL)
Hindustan University CODE Chennai  Master of Business Administration (MBA)  Online Learning Mode (OL)
LPU Online  Phagwara  Master of Business Administration (MBA) Online Learning (OL) Mode 
Jain Online University  Bangalore  Master of Business Administration (MBA) Online Learning (OL) Mode 
SASTRA University Online  Thanjavur  Master of Business Administration (MBA) Online Learning (OL) Mode 
ICFAI Online  Hyderabad (Main Campus) Master of Business Administration (MBA) Online Learning (OL) Mode 
Bharathidasan University  Tiruchirappalli  Master of Business Administration (MBA) Online Learning Mode (OL)
IMT Online  Ghaziabad  Post Graduate Diploma in Management (PGDM) Online Learning (OL) Mode 
Online Manipal University  Jaipur  Master of Business Administration (MBA) Online Learning (OL) Mode 

Conclusion 

Thus, Gujarat is one of the states of India with top internationally acclaimed business schools and management universities for pursuing an MBA. Being infrastructurally advanced and well-connected with the industrial domain, MBA education from Gujarat offers diverse and appealing prospects to graduates for career development in addition to thorough and comprehensive education in the management sector itself. 

FAQs (Frequently Asked Questions)

Ahmedabad is one of the cities of Gujarat with numerous well-reputed and prestigious business schools that offer MBA or equivalent courses to students. 

Yes, when completed from a duly accredited institute or college, an MBA from Gujarat can be quite useful for career enhancement. Most MBA colleges in the state offer excellent academic and placement support, with use of technologically advanced pedagogy.

IIM Ahmedabad has been ranked not only as Gujarat’s but also India’s best management college by the NIRF in the Management Category (2023). 

The average cost of completing an MBA from Gujarat is between INR 4 lakhs to INR 5 lakhs for two years. 

The average salary that an MBA graduate from Gujarat can earn is approximately INR 4 LPA. 

Yes, placement services offered by most of the MBA colleges and business schools of Gujarat are quite efficient, and top MNCs and corporates partner with them to hire MBA graduates with fair compensation and pay packages. 

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