Important Facts
College Vidya Team Sep 9, 2024 4.6K Reads
Gurugram (earlier known as Gurgaon) is one of the economic centres of the country and a part of the Delhi-NCR region. It is also home to a large number of well-accredited universities and institutes for management education. So, there are a number of appealing alternatives for taking up an MBA in Gurgaon. Here we have enlisted some of the top MBA colleges and business schools in Gurgaon based on national rankings, accreditations, course affordability and placement facilities.
Gurugram or Gurgaon, located in the state of Haryana, is one of India’s cities with a thriving corporate presence. It is also a part of Delhi-NCR. Management education from Gurgaon is one of the most plausible alternatives from cities in India since it not only has a large number of top management institutes but also corporate firms, start-ups and multinational companies that one can associate with to bring a strong managerial profile.
Gurgaon has a number of private colleges for taking up an MBA or equivalent degree course from. These include top institutions such as the MDI Gurgaon, Great Lakes Institute of Management, ICFAI Business School etc. There are a few public institutions for taking up an MBA from as well. Here is a list of the top accredited and ranked MBA colleges of Gurgaon. Also Read: Full form of MBA.
The mentioned list includes colleges based upon consideration of their NIRF (2024) rankings in the management category, their course comprehensiveness, course fee range, placement services etc.
MBA College/University | NIRF Ranking | Course | Accepted Entrance Exams | MBA Fees (Approx.) |
Management Development Institute (MDI), Gurgaon | 11 | Post Graduate Diploma in Management (PGDM) | CAT/GMAT | INR 24,16,800 |
Great Lakes Institute of Management, Gurgaon | 34 | Post Graduate Diploma in Management (PGDM) | CAT/XAT/CMAT/GMAT | INR 17,75,000 |
BML Munjal University | 83 | Master of Business Administration (MBA) | CAT/ NMAT/ MAT/GMAT/ CMAT/ XAT or BMU-MAT (BMU’s Management Aptitude Test) | INR 12,35,000 |
Amity University Haryana, Gurgaon | 29 | Master of Business Administration (MBA) | CAT/MAT/GMAT/GRE | INR 3,24,000–INR 4,08,000 |
IILM University | _ | Master of Business Administration (MBA) | CAT/MAT/XAT/CMAT/GMAT/ATMA/NMAT | INR 8,80,000–INR 10,80,000 |
G. D. Goenka University (GDGU), Gurgaon | – | Master of Business Administration (MBA) | MAT/G.D Goenka Aptitude Test (GD-GAT) | INR 8,24,000 |
K. R. Mangalam University | – | Master of Business Administration (MBA) | CAT/MAT/SAT/GMAT/ENAT/EMAT | INR 2,70,000-INR 3,20,000 |
ICFAI Business School (IBS), Gurgaon | – | Post Graduate Program in Management (PGPM) | IBSAT/CAT/NMAT/GMAT/SNAP/XAT/MAT/CMAT | INR 9,09,000 |
Gurugram University (GU) | – | Master of Business Administration (MBA) | MAT/CAT/CMAT | INR 60,000-INR 1,00,000 |
IBMR Business School, Gurugram | – | Master of Business Administration (MBA)+Post Graduate Program in Management (PGPM) | CAT/MAT/CMAT | INR 5,43,000 |
Selection to an MBA/PGDM degree involves three main stages that the candidate must qualify for, the details of which have been provided here.
In order to apply to the course, the candidate should satisfactorily meet the minimum eligibility criteria for the MBA course set by the university. The general minimum eligibility of applying to an MBA program has been listed here:
Once the candidate meets the minimum eligibility for a course, the next round of screening in MBA colleges is on the basis of the score/percentile of the candidate in a management aptitude exam. Some universities accept scores on a national level management aptitude exam such as:
Some of the institutes also have their own specific entrance exams that must be cleared by the candidate if they want to take admission in the course. Some of the institutional management entrances in management colleges in Gurgaon include:
Here is a list of the various management aptitude entrances the scores for which are accepted by some of Gurgaon’s top MBA colleges.
College/University | Accepted Management Entrance Exam |
Management Development Institute (MDI), Gurgaon | CAT/GMAT |
Great Lakes Institute of Management, Gurgaon | CAT/XAT/CMAT/GMAT |
BML Munjal University | CAT/ NMAT/ MAT/GMAT/ CMAT/ XAT or BMU-MAT (BMU’s Management Aptitude Test) |
Amity University Haryana, Gurgaon | CAT/MAT/GMAT/GRE |
IILM University | CAT/MAT/XAT/CMAT/GMAT/ATMA/NMAT |
G. D. Goenka University (GDGU), Gurgaon | MAT/G.D Goenka Aptitude Test (GD-GAT) |
K. R. Mangalam University | CAT/MAT/SAT/GMAT/ENAT/EMAT |
ICFAI Business School (IBS), Gurgaon | IBSAT/CAT/NMAT/GMAT/SNAP/XAT/MAT/CMAT |
Gurugram University (GU) | |
IBMR Business School, Gurugram |
Here are details pertaining to the various aspects of the MBA colleges in Gurgaon. Continue reading to find out further about the course specializations, fees for terms, placement services etc. of the MBA programs at these institutions.
The Management Development Institute (MDI) Gurgaon was started in 1973 and is a premier educational institution for MNA education. The institute is accredited by international bodies like SAQS, AACSB and the AMBA. It is also well-approved for education in India as its courses have been approved by the UGC. It is the eleventh-best management institution in India as per the latest NIRF rankings (2024). The educational comprehensiveness at MDI is quite recommendable as students are provided full industry exposure throughout the course and internships.
The course offered by MDI Gurgaon is a Post Graduate Diploma in Management (PGDM), which is of a duration of 2 years. As per AIU guidelines, the PGDM course is the equivalent of an MBA. The candidate selection by the institute is through scores on exams like the CAT or GMAT, followed by personal interviews and group discussions. A work experience of at least 1 year is needed to get admission to this course. Course specializations include 7 choices, some of the options being accounting-finance management, strategy management, international business management, etc. The placement records of MDI Gurgaon have been consistently satisfactory with students getting placed at top firms and companies at packages offering a good RoI upon course completion.
Here are further details about the PGDM program at MDI Gurgaon.
Degree Offered | Post Graduate Diploma in Management (PGDM) |
Accreditations | UGC, SAQS, AACSB, AMBA, NBA, NIRF Rank 11 in Management Category (2024) |
Course Duration | 2 Years |
Accepted Entrance Examinations | CAT/GMAT |
Course Specialisations |
|
Full Course Fees | INR 24,16,800 |
Placement Package | INR 27,67,000 P.A. |
Established in 2010, the Gurgaon campus of the Great Lakes Institute of Management has a legacy of a decade of delivering management education at par with national and global industry standards through its thorough educational framework and experienced faculty and learning services. The institute has approvals from bodies such as the UGC, AICTE, AMBA, NBA etc. It is among the top 34 management institutions of India as per NIRF Management rankings 2024. Some of the top facilities available in this college are its modern infrastructure, a highly experienced faculty, strong industry tie-ups of the institutions ensuring multiple placement options, dedicated placement cell etc.
Great Lakes offers a full-time PGDM course of two years to students at its Gurgaon campus as an equivalent of the MBA degree course. The PGDM course here is approved by the AICTE. The candidate selection procedure includes screening of management entrance scores (on tests like the CAT, XAT, CMAT, GMAT) followed by personal interviews. The institute only allows candidates with less than 36 months of work experience to take this course up, and those with more work experience can take up a one year PGPM course offered by the institute. Five specialisations are offered as part of the course curriculum in the second year. The full fee is INR 17,75 lakhs for two years and the placement services help to provide a good return on investment (RoI) as well.
Explore more details about the PGDM at Great Lakes Gurgaon.
Degree Offered | Post Graduate Diploma in Management (PGDM) |
Accreditations | UGC, AICTE, AIU, NBA, AMBA, NIRF Rank 34 in Management Category (2024) |
Course Duration | 2 Years |
Accepted Entrance Examinations | CAT/XAT/CMAT/GMAT |
Course Specialisations |
|
Full Course Fees | INR 17,75,000 |
Placement Package | INR 10,53,000 P.A. |
BML Munjal University, among India’s top 83 management institutions (as per NIRF rankings of management category in 2024), offers its management courses through the School of Management. It has been accredited by bodies like the UGC, BCI and is a member of the AIU as well. The university has strived over the years since its inception in 2014 to set and meet the international standards for management education. There is also a focus on the experiential learning of the students along with theoretical knowledge and expertise.
The course offered at BML Munjal University is an MBA degree of two years duration. The university conducts its own management entrance, the BML Munjal University Management Aptitude Test (BMU-MAT) for selection of candidates although those with acceptable scores on exams like the CAT/MAT/CMAT/GMAT etc. Further selection is dependent upon the candidate’s performance in the personal interview and case discussion. The university offers this course at a full fee range of INR 12.35 lakhs for two years. Financial aid is also offered to support students in pursuing the degree without financial burdens.
Find more details about the MBA course at BML Munjal University here.
Degree Offered | Master of Business Administration (MBA) |
Accreditations | UGC, BCI, AIU, NIRF Rank 83 in Management Category (2024) |
Course Duration | 2 Years |
Accepted Entrance Examinations | CAT/ NMAT/ MAT/GMAT/ CMAT/ XAT or BMU-MAT (BMU’s Management Aptitude Test) |
Course Specialisations |
|
Full Course Fees | INR 12,35,000 |
Placement Package | INR 9,62,000 P.A. |
Amity University, Gurgaon, was established in 2010 by the Amity Education Group and is among the top institutions of Haryana for higher education. It has received accolades and recognition from bodies like the UGC, PCI, BCI, ACBSP etc. It is also a part of the top 90 management institutions of India as per the ranking of NIRF (2024). The university has a focus on the holistic learning experience of students through strong bases in research, industry exposure and experiential learning.
Amity University Gurgaon offers a full-time regular MBA degree course of the duration of two years. The course has been designed with the inputs and insights of management experts and industry professionals. In addition to a regular MBA degree, the university also provides international MBA and 3-continent MBA degree options to students to go for. A major benefit of taking up an MBA from Amity is the vast choice of specialisations available for the course. The full fee range for an MBA from Amity University is relatively within an affordable range- INR 3.24 lakhs to INR 4.08 lakhs. The return on investment is further quite satisfactory as MBA students on an average can get placed at packages in the range of INR 6.71 LPA to INR 7 LPA.
Here are further details about the MBA course at Amity University Gurgaon.
Degree Offered | Master of Business Administration (MBA) |
Accreditations | UGC, PCI, BCI, ACBSP, ASIC, AIU, NIRF Rank 29 in Management Category (2024) |
Course Duration | 2 Years |
Accepted Entrance Examinations | CAT/MAT/GMAT/GRE |
Course Specialisations |
|
Full Course Fees | INR 3,24,000–INR 4,08,000 |
Placement Package | INR 6,71,000 P.A. (Highest Offered CTC) |
Institute of Integrated Learning and Management (IILM) University was established in 1993 under the aegis of the Ram Krishan & Sons Charitable Trust. It is a well-accredited university of Gurgao and has received recognition from bodies like the UGCX AICTE, SAQS, NBA, BCI etc. It is also a member of the AIU. The university has a strong research orientation, with the focus being on practical learning of students. Management students get a holistic exposure at IILM. The experienced faculty of IILM provide mentorship and further guidance to students.
The Master of Business Administration (MBA) course at IILM University is approved by the AICTE and is a full-time PG degree course of 2 years. Students who have a valid percentile in any of the major national entrance exams can seek admission in the course. There are over 15 specialisation areas that the student can choose from. The course curriculum also includes research opportunities to enhance the experiential learning of students. Financial aid and scholarships are available for the student. Placement services at IILM are quite comprehensive and allow the student to take up job roles in renowned companies at appealing packages.
Find more details about the MBA course at IILM University here.
Degree Offered | Master of Business Administration (MBA) |
Accreditations | UGC, SAQS, NBA, AICTE, AIU, BCI |
Course Duration | 2 Years |
Accepted Entrance Examinations | CAT/MAT/XAT/CMAT/GMAT/ATMA/NMAT |
Course Specialisations |
|
Full Course Fees | INR 8,80,000–INR 10,80,000 |
Placement Package | INR 8,60,000 P.A. |
D. Goenka University (GDGU), Gurgaon was established in 2013 in the Sohna region of Gurgaon by the G. D. Goenka Group. It is a well-approved university that offers premier education in management and other subject domains to students. It has received the recognition of bodies such as the UGC, BCI, PCI and NCTE. It is also a Government of Haryana-recognised university in Gurgaon. G. D. Goenka University has a number of facilities for learning such as common rooms for studies and seminars, open days for industry interaction, student exchange programs etc.
The university offers a full time MBA degree course to students who have completed their graduation (in any educational stream) and have qualified either the MAT exam or the G.D Goenka Aptitude Test (GD-GAT). Further screening is also conducted through personal interviews for final selections. The course is offered in 9 specialisation domains to students, including areas like business analytics, agribusiness management, fintech , international business and economics etc. The full fee for this course is INR 8,24,000 that can be paid over the four semesters of the course. The course is also placement integrated, so students can seek jobs in top companies, MNCs, corporate houses and other organisations at managerial positions for good salary packages through campus selections right after graduation.
Here are further details about the MBA program of G. D. Goenka University.
Degree Offered | Master of Business Administration (MBA) |
Accreditations | UGC, BCI, PCI, NCTE, Recognised by the Government of Haryana |
Course Duration | 2 Years |
Accepted Entrance Examinations | MAT/G.D Goenka Aptitude Test (GD-GAT) |
Course Specialisations |
|
Full Course Fees | INR 8,24,000 |
Placement Package | INR 5,32,000 |
K .R Mangalam University was established in 2013 and since its inception, it has been consistently considered as one of Haryana’s best universities for higher education. It has been accredited by statutory bodies such as the UGC, ACU, NCTE, BCI, PCI etc. The university has a large number of student-oriented learning facilities to expose the learners to holistic education, whether it is through industry interactions, lectures, symposiums, expert mentorship etc.
The course offered at K. R. Mangalam is an MBA degree program in full-time regular mode. The course is offered with the options of specialising in one of the 7 areas of marketing, finance and business analytics, HRM, international business, IT, entrepreneurship, digital marketing and logistics and supply chain. The full fee of the course is INR 2.7 to INR 3.2 lakhs. The placement services of the university are quite enhanced and robust since the average CTC offered over recent years shows a good trend of RoI after course completion. Further adding to this is the benefit of applying for various scholarships for the MBA program.
Find more details about the MBA program at K. R. Mangalam University.
Degree Offered | Master of Business Administration (MBA) |
Accreditations | UGC, AIU. ACU, NCTE, BCI, PCI etc. |
Course Duration | 2 Years |
Accepted Entrance Examinations | CAT/MAT/SAT/GMAT/ENAT/EMAT |
Course Specialisations |
|
Full Course Fees | INR 2,70,000-INR 3,20,000 |
Placement Package | INR 7,00,000 P.A. |
The ICFAI Foundation for Higher Education is a renowned group of higher educational institutions and it established the ICFAI Business School in Gurgaon in 1995, and has been approved by the UGC for its management and business courses. The institute offers a wide number of facilities and academic support features to students to aid the smooth learning process and development of insights. This includes features like guided mentorship by experienced faculty members of the college as well as industry experts, professional exposure through industry interactions, placement facilities etc.
The institute offers a Post Graduate Program in Management (PGPM) which is of a duration of 2 years and is equivalent to an MBA course. The candidate selection criteria is on the basis of the minimum eligibility followed by the performance in the management entrance examination (IBSAT/CAT/NMAT/GMAT/SNAP/XAT/MAT/CMAT) and personal interviews. The course fee for a PGPM in IBS Gurgaon is INR 9.09 lakhs, and further financial support features are also available for the course through instalment-wise payment options.
Find more relevant details about the PGPM course at IBS Gurgaon here.
Degree Offered | Post Graduate Program in Management (PGPM) |
Accreditations | UGC |
Course Duration | 2 Years |
Accepted Entrance Examinations | IBSAT/CAT/NMAT/GMAT/SNAP/XAT/MAT/CMAT |
Full Course Fees | INR 9,09,000 |
Placement Package | INR 8,76,000 |
Gurugram University (GU) was established in 2018 and became functional from the academic session of 2018-19 as an eminent state university of Haryana. The university has offered its management courses through the Department of Management since 2018. The Department of Management also boasts of a highly experienced faculty and has linkages to industries for professional learning by students alongside completion of the degrees.
The MBA programs offered at Gurugram University include a regular 2-year MBA degree course and an integrated 5-year MBA course. Both the courses are UGC-approved. The fee range at Gurugram University (GU) is in quite an affordable range since it is a public university, and with a budget of INR 60,000 to INR 1,00,000 a candidate can complete an MBA from GU. Accepted entrance examinations for admission to the course include CAT, MAT and CMAT. The reported placement experience of students as well as placement records of the university have been positive, with reported salary packages for MBA packages going up to INR 7 LPA to INR 10 LPA.
Find more details about the MBA program at Gurugram University (GU) here.
Degree Offered | Master of Business Administration (MBA) |
Accreditations | UGC |
Course Duration | 2 Years |
Accepted Entrance Examinations | MAT/CAT/CMAT |
Course Specialisations |
|
Full Course Fees | INR 60,000-INR 1,00,000 |
Placement Package | INR 7,00,000–INR 10,00,000 P.A. |
Institute of Business Management and Research (IBMR), Gurgaon was established in 1999, and is one of the top institutions for management education in Haryana. Some of the top accreditations of IBMR Business School, Gurugram include UGC and AICTE. It is also a NAAC-rated ‘A’ grade business school. It provides facilities of education such as foreign language training, live projects, training and industrial exposure, corporate lectures, leadership training camps etc. The IBMR Business School is also recognised by the Ministry of Human Resource Development (HRD).
IBMR offers a dual qualification course of Master of Business Administration (MBA) along with an IIM-certification of Post Graduate Program in Management (PGPM).The course is of a full duration of 2 years. Facilities for dual specialisation are also available in this course, and there are 9 specialisation options available to choose from. The MBA+PGPM course is approved by the AICTE. Accepted management entrance examinations for selection to the course include CAT, MAT and CMAT. The placement services of the course include placement training and campus selections, with good records of return on investments (RoI).
Here have enlisted some of the relevant details about the MBA+PGPM dual program available at the IBMR University Gurgaon.
Degree Offered | Master of Business Administration (MBA)+Post Graduate Program in Management (PGPM) |
Accreditations | UGC, AICTE, NAAC ‘A’, Ministry of HRD etc. |
Course Duration | 2 Years |
Accepted Entrance Examinations | CAT/MAT/CMAT |
Course Specialisations |
|
Full Course Fees | INR 5,43,000 |
Placement Package | INR 5,80,000 P.A. |
When taking up a full-time MBA course, evaluation of a college’s return on investment (RoI) is an essential factor since it helps to estimate how quickly a student can recoup their financial investments into the course. The comparison is made by finding the ratio of the full course fee with the average package at which MBA graduates in the college get placed. A good RoI in an MBA college means not only a quick regaining of the financial investment into the course but also quicker career growth and scope for career escalation.
Gurgaon is a city with a host of top companies, MNCs, IT and financial firms that regularly hire MBA graduates at high salary packages for appealing job positions. So the return on investment for top MBA colleges in Gurgaon is quite satisfactory. Here is a comparative list of the various MBA colleges in Gurgaon with their full course fee and average placement CTC for an estimate of the expected RoI in subsequent MBA batches.
College/Institute | Full Course Fees | Average Placement Package |
Management Development Institute (MDI), Gurgaon | INR 24,16,800 | INR 27,67,000 P.A. |
Great Lakes Institute of Management, Gurgaon | INR 17,75,000 | INR 10,53,000 P.A. |
BML Munjal University | INR 12,35,000 | INR 9,62,000 P.A. |
Amity University Haryana, Gurgaon | INR 3,24,000–INR 4,08,000 | INR 6,71,000 P.A. (Highest Offered CTC) |
IILM University | INR 8,80,000–INR 10,80,000 | INR 8,60,000 P.A. |
G. D. Goenka University (GDGU), Gurgaon | INR 8,24,000 | INR 5,32,000 |
K. R. Mangalam University | INR 2,70,000-INR 3,20,000 | INR 7,00,000 P.A. |
ICFAI Business School (IBS), Gurgaon | INR 9,09,000 | INR 8,76,000 |
Gurugram University (GU) | INR 60,000-INR 1,00,000 | INR 7,00,000–INR 10,00,000 P.A. |
IBMR Business School, Gurugram | INR 5,43,000 | INR 5,80,000 P.A. |
Some of the top recruiters of MBA graduates across India include companies in sectors such as:
So, as can be seen clearly, the job scope and career prospects after completing an MBA degree is quite vast and diverse. Depending upon the specialisation you take up you can venture into start-ups, organisations in the private and public sectors, multinational companies, corporate houses and so on.
Gurgaon being in the NCR region and also one of the major economic and corporate hubs of India, has a large number of MNCs and companies, ranging from budding start-ups to global giants. These companies and organisations regularly hire MBA graduates for various managerial positions and roles at appealing packages. They also partner with major MBA colleges and business schools of Gurgaon to select the most competent candidates through campus placements. As a result of such strong industry link-ups, the MBA colleges of Gurgaon have a large number of top recruiting partners that offer meaningful job roles to MBA graduates and freshers in their companies.
Some of the top recruiting partners of the various MBA colleges of Gurgaon have been listed here.
College/Institute/University | Top Recruiting Partners |
Management Development Institute (MDI), Gurgaon |
|
Great Lakes Institute of Management, Gurgaon |
|
BML Munjal University |
|
Amity University Haryana, Gurgaon |
|
IILM University |
|
G. D. Goenka University (GDGU), Gurgaon |
|
K. R. Mangalam University |
|
ICFAI Business School (IBS), Gurgaon |
|
Gurugram University (GU) |
|
IBMR Business School, Gurugram |
|
Instead of taking up a regular MBA from a management institution, the newly emerging domain of online education offers the unique opportunity to MBA aspirants to take up a fully online MBA course from any city across the nation instead of just a particular geographical region. Along with aiding guidelines from UGC-DEB, an online MBA is now deemed equivalent to a regular MBA degree in India. When you take up an online MBA from a duly accredited institute/B-school, it opens up a pandora of opportunities for career growth, all with flexibility of learning anytime and from anywhere at your convenience.
Here are a few of India’s premier institutions that offer fully online MBA courses after due accreditations and approvals.
University | Location | Course | Mode |
ICFAI Foundation on Higher Education | Hyderabad | Master of Business Administration (MBA) | Online Learning Mode (OL) |
Online Manipal | Jaipur | Master of Business Administration (MBA) | Online Learning Mode (OL) |
Amity Online | Noida | Master of Business Administration (MBA) | Online Learning Mode (OL) |
Jain University Online | Bangalore | Master of Business Administration (MBA) | Online Learning Mode (OL) |
Hindustan University Online | Chennai | Master of Business Administration (MBA) | Online Learning Mode (OL) |
Chandigarh University Online | Chandigarh | Master of Business Administration (MBA) | 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.
Some of the nationally recognised and reputed management institutions and business schools are located in Gurgaon, and offer full-time MBA/PGDM/PGPM programs with state-of-art student support features including academic comprehensiveness, exposure to the industry, placement services etc. If you are a management aspirant looking for a reputed institution to complete your MBA from, the colleges in Gurgaon can be a few of your top choices.
Some of the top institutions for an MBA in Gurgaon include Management Development Institute (MDI), Great Lakes Institute of Management, BML Munjal University, Amity University, ICFAI Business School (IBS) etc.
The average fee for completing an MBA from Gurgaon ranges between INR 8 lakhs to INR 10 lakhs for two years. Some private institutions may have a slightly higher fee range while some institutions may have a more pocket-friendly range. Most MBA colleges of Gurgaon offer financial support facilities for the course through instalment mode of payment, scholarships or fee waivers etc.
If you do not have a CAT exam score, then you must have a valid score in any of the other nationally accepted management exams like the GMAT, CMAT, XAT, NMAT etc. One can confirm the accepted entrance examinations for a particular university/college/institute at their official website.
Some of the management institutes in Gurgaon with excellent placement services include Management Development Institute (MDI), Great Lakes Institute of Management, K. R. Mangalam University etc.
The average salary that an MBA graduate can expect to earn in Gurgaon is INR 6 LPA to INR 7.5 LPA.
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