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

The state of Kerala is located in the south-western part of India and is one of the cities with a focus on literacy and quality education. There are quite a few reputed and well-acclaimed management institutions in Kerala that provide MBA and equivalent courses to management aspirants. This blog delves into the details about the various top MBA colleges in Kerala along with information about the placement trends and average salaries offered to MBA graduates in Kerala. 

Top MBA Colleges in Kerala

There are a number of top government and private management institutions and business schools in Kerala in top cities such as Ernakulam, Kochi, Thiruvananthapuram etc. that offer management courses at the PG level such as an MBA or equivalent.

Here is a list of some of the top MBA colleges in Kerala as per the rankings of the NIRF (2024) along with other factors such as the educational support, course comprehensiveness, faculty profile of the institution, placements etc. Also Read: The Full form of MBA.  

MBA College/University	NIRF Ranking	Course	Accepted Entrance Exams	MBA Fees (Approx.)
Indian Institute of Management (IIM), Kozhikode	3	Post Graduate Program in Management (PGPM)	CAT/GMAT	INR 20,00,000-INR 21,00,000
National Institute of Technology, Calicut	76	Master of Business Administration (MBA)	AMIE/GATE/IIM-CAT/AICTE-CMAT	INR 2,90,515
Rajagiri Business School, Kochin	93	Post Graduate Diploma in Management (PGDM)	CAT/MAT/CMAT/KMAT/XAT	INR 8,89,500
Amrita School of Business, Kochi	–	Master of Business Administration (MBA)	CAT/ XAT/ MAT/ CMAT/ GMAT/ GRE / KMAT	INR 12,86,000
Xavier Institute of Management & Entrepreneurship, Kochi	–	Post Graduate Diploma in Management (PGDM)	XAT/CAT/CMAT/MAT/ATMA/GMAT/KMAT	INR 9,00,000
Kochi Business School	–	Master of Business Administration (MBA)	CAT/CMAT/KMAT	INR 3,50,000
LEAD College of Management, Palakkad	–	Master of Business Administration (MBA)	KMAT/ CMAT/ CAT	INR 3,60,000
SCMS Cochin School of Business	–	Post Graduate Diploma in Management (PGDM)	CAT/MAT/XAT/CMAT/KMAT (Kerala)/ATMA	INR 7,95,000
Holy Grace Academy of Management Studies, Thrissur	–	Master of Business Administration (MBA)	KMAT	INR 6,00,000
Adi Shankara Institute of Engineering & Technology, Ernakulam	–	Master of Business Administration (MBA)	CAT/CMAT/KMAT	INR 2,90,000

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

The general criteria for eligibility to an MBA course in Kerala requires the candidate to hold at least a valid Bachelor’s degree of 3 years (or equivalent), since this is a postgraduate level degree course. The major eligibility criteria for MBA colleges in Kerala include: 

• A Bachelor’s degree program in Any Discipline from a Recognised University/Institute 
• A Minimum of 50% Aggregate Score/Marks in Graduation
• Relevant Work Experience of a Minimum Period of 1-2 Years (Not a Mandatory Criteria in Many Institutions but Demanded by a Few Others)

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In addition to meeting the minimum eligibility criteria, the candidate should also possess a valid score in an accepted management test. Some of the commonly accepted management exams in Kerala include:

• Common Admission Test (CAT)
• Common Management Admission Test (CMAT)
• Kerala Management Aptitude Test (KMAT)
• Xavier Aptitude Test (XAT)
• Graduate Management Admission Test (GMAT) etc. 

The accepted management aptitude exams in a few of the top MBA colleges in Kerala have been enlisted below. 

College/University	Accepted Management Entrance Exam
Indian Institute of Management (IIM), Kozhikode	CAT, GMAT
Rajagiri Business School, Kochin	CAT/MAT/CMAT/KMAT/XAT
National Institute of Technology, Calicut	AMIE/GATE/IIM-CAT/AICTE-CMAT
Amrita School of Business, Kochi	CAT/ XAT/ MAT/ CMAT/ GMAT/ GRE / KMAT
Xavier Institute of Management & Entrepreneurship, Kochi	XAT/CAT/CMAT/MAT/ATMA/GMAT/KMAT
Kochi Business School	CAT/CMAT/KMAT
LEAD College of Management, Palakkad	KMAT/ CMAT/ CAT
SCMS Cochin School of Business	CAT/MAT/XAT/CMAT/KMAT (Kerala)/ATMA
Holy Grace Academy of Management Studies, Thrissur	KMAT
Adi Shankara Institute of Engineering & Technology, Ernakulam	CAT/CMAT/KMAT

The candidates must further appear at the university/college for further selection procedures which would include rounds of screening through group discussions (GD) and personal interview (PI). 

Best Private & Public MBA Colleges of Kerala

Find important details about the colleges and their offered MBA degrees below:

Rank #1 - Indian Institute of Management (IIM), Kozhikode

The Indian Institute of Management (IIM) Kozhikode is among the premier institutions of India for education in business and management domains. It has major accreditations such as those from EQUIZ, NIRF and is also a member of the AMBA. IIM Kozhikode is the fifth best management institution of India as per the management rankings in NIRF and provides excellent services for student support as well as placements through campus selections. 

Major details about the PGPM course (equivalent to an MBA) have been enlisted below. 

Degree Offered	Post Graduate Program in Management (PGPM)
Accreditations	NIRF (Rank 3 in Management Category 2024), EQUIS, AMBA
Course Duration	2 Years
Accepted Entrance Examinations	CAT, GMAT
Course Specialisations	Economics Finance, Accounting & Control Information Technology and Systems Humanities & Liberal Arts in Management Marketing  Organizational Behaviour and Human Resources Quantitative Methods & Operations Management Strategic Management
Full Course Fees	INR 20,00,000-INR 21,00,000
Average Placement Package	INR 30,00,000 P.A.

Rank #2 - National Institute of Technology (NIT), Calicut

The National Institute of Technology (NIT), Calicut was established in 1961, and was called the Regional Engineering College (REC). It was renamed as NIT-C in 2002. The government institution has some of the top accreditations including those like UGC, AICTE, ARIIA etc. It is also ranked by NIRF among the top 100 management institutions of India. The institute offers a full-time MBA course that has been approved by the AICTE. Find essential details about the MBA program at NIT Calicut here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, NIRF Rank 76 in Management Category (2024), ARIIA, NAAC-Recognised
Course Duration	2 Years
Accepted Entrance Examinations	AMIE/GATE/IIM-CAT/AICTE-CMAT
Course Specialisations	Operations Management  Finance Management  Marketing Management  Human Resource Management  Business Analytics and Systems General Management Humanities and Liberal Arts
Full Course Fees	INR 2,90,515
Average Placement Package	INR 6,03,000 P.A.

Rank #3 - Rajagiri Business School, Cochin

Rajagiri Business School was established in Cochin in 2008 and has received accreditations for its management courses from bodies like the AICTE, NBA, AACSB, ACBSP etc. It is also a member of the Association of Indian Universities (AIU). It is a part of Rajagiri Group of Institutions and is well-known in southern India for its excellent quality of education and placement support after course completion. The program offered at Rajagiri Business School is a 2-year Post Graduate Diploma in Management (PGDM) which was launched in 2008 and is the equivalent of an MBA. find more details about the course here. 

Degree Offered	Post Graduate Diploma in Management (PGDM)
Accreditations	AICTE, NBA, AACSB, ACBSP, AIU, NIRF Rank 93 in Management Category (2024) etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT/MAT/CMAT/KMAT/XAT
Course Specialisations	Marketing Management  Finance Management  Human Resource Management (HRM) Operations Management  Business Intelligence  International Business Management
Full Course Fees	INR 8,89,500
Average Placement Package	INR 4,80,000 P.A.

Rank #4 - Amrita School of Business, Kochi

Amrita School of Business, Kochi, a part of the Amrita Vishwa Vidyapeetham, was established in 2009 and has since received various approvals and established a name in excellent education  in management and business. It is a NAAC-rated A++ institution and offers a full-time MBA course with options of specialisation in 6 areas. Here are further important details about the business school and its MBA course. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, NAAC A++ etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT/ XAT/ MAT/ CMAT/ GMAT/ GRE / KMAT
Course Specialisations	Finance Management  Operations Management  Human Resource Management (HRM) Marketing Management   Information Systems & Analysis  General Management
Full Course Fees	INR 12,86,000
Average Placement Package	INR 6,86,000 P.A.

Rank #5 - Xavier Institute of Management & Entrepreneurship, Kochi

Xavier Institute of Management and Entrepreneurship (XIME) was established in the city of Kochi in 2013 and is a part of the prestigious XIME group of colleges. It is approved by statutory bodies like the AICTE, ACBSP and NBA. The course offered here is a Post Graduate Diploma in Management (PGDM), which is an equivalent of an MBA. XIME offers all-round educational support to students, from advanced pedagogical support for learning to excellent placement opportunities in top firms. Find key details about the PGDM at XIME Kochi here. 

Degree Offered	Post Graduate Diploma in Management (PGDM)
Accreditations	AICTE, ACBSP, NBA
Course Duration	2 Years
Accepted Entrance Examinations	XAT/CAT/CMAT/MAT/ATMA/GMAT/KMAT
Course Specialisations	Finance Management  Operations Management  Human Resource Management (HRM) Marketing Management  General Management  Information Technology (IT) & Analytics
Full Course Fees	INR 9,00,000
Average Placement Package	INR 8,07,000 P.A.

Rank #6 - Kochi Business School

The Kochi Business School was established in 2011 and is affiliated to the Mahatma Gandhi University (MGU). The B-school offers AICTE-approved management courses to students in the full-time regular mode. KBS offers top facilities of learning to students including those like the support and mentorship from a highly experienced faculty as well as industry experts, holistic learning involving hands-on activities and field-based learning as well as professional assistance and placements. Given below are further details about the MBA course offered at KBS. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE
Course Duration	2 Years
Accepted Entrance Examinations	CAT/CMAT/KMAT
Course Specialisations	Marketing Management  Finance Management  Human Resource Management (HRM) Operations Management International Business Management  Information Systems
Full Course Fees	INR 3,50,000
Average Placement Package	INR 6,00,000 P.A.

Rank #7 - LEAD College of Management, Palakkad

LEAD College of Management is a NAAC-Rated business management institution that was established in 2011. LCM Palakkad also has various reputed accreditations such as those from AICTE, ISO, AACSB etc. The institution is a well-known centre for higher education in Kerala as it provides management education at par with international standards at much affordable rates, making higher education accessible to the masses of management aspirants. The course offered at LCM-P is an AICTE-recognised MBA degree in the full-time mode. Further details about the course are provided below. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE, NAAC, ISO, AACSB etc.
Course Duration	2 Years
Accepted Entrance Examinations	KMAT/ CMAT/ CAT
Course Specialisations	Marketing Management  Human Resource Management (HRM) Finance Management  International Business Management  System and Tourism Management
Full Course Fees	INR 3,60,000
Average Placement Package	INR 3,40,000 P.A.

Rank #8 - SCMS Cochin School of Business

SCMS Cochin School of Business is one of the top management institutions of Cochin and Kerala and has a legacy of offering top management courses to students since 1976. It has offered a full-time PGDM to students since 1993, that is approved by the AICTE and equivalent to an MBA degree as per AIU guidelines. The college offers placement services for the course along with professional grooming and assistance to students, ensuring good RoI of completing the course. Find more details about the MBA program at SCSB listed here. 

Degree Offered	Post Graduate Diploma in Management (PGDM)
Accreditations	AICTE, NBA, ACBSP, ISO, AIU
Course Duration	2 Years
Accepted Entrance Examinations	CAT/MAT/XAT/CMAT/KMAT (Kerala)/ATMA
Course Specialisations	Data Science & Business Analytics Banking & Insurance Retailing & Merchandising Marketing Management Finance Management Human Resource Management (HRM) Foreign Trade Management
Full Course Fees	INR 7,95,000
Average Placement Package	INR 7,00,000 P.A.

Rank #9 - Holy Grace Academy of Management Studies, Thrissur

Holy Grace Academy of Management Studies, Thrissur, was established in 2005 and is affiliated  to Calicut University. It is an institution with accreditations such as those from AICTE, AIMA (rated as an ‘A’ grade business school), ISO and ACBSP. The institution offers a full-time MBA degree and doctoral programs in management. The MBA course here is an AICTE-recognised degree with learning facilities such as pedagogical and curricular comprehensiveness, faculty mentorship, placement support, practical learning etc. Explore further important details about the MBA course at Holy Grace Academy of Management Studies, Thrissur here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE, AIMA-Rated ‘A’ Grade B-School, ISO, ACBSP
Course Duration	2 Years
Accepted Entrance Examinations	KMAT
Course Specialisations	Finance Management Marketing Management Human Resource Management (HRM) Systems Management Travel And Tourism Management International Business Management
Full Course Fees	INR 6,00,000
Average Placement Package	Current Statistics Unavailable

Rank #10 - Adi Shankara Institute of Engineering & Technology, Ernakulam

Adi Shankara Institute of Engineering and Technology is a renowned private educational institution that was started in 2001, It provides education in the domains of management, technology and engineering. It offers an MBA course under the aegis of the APJ Abdul Kalam Technological University, and the course is also approved  by the AICTE. Combined with the affordable fee range and the placement support facilities of the institute, the course here is one of the appealing options to go for in Kerala. Find more important details about the MBA program offered here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE, NBA
Course Duration	2 Years
Accepted Entrance Examinations	CAT/CMAT/KMAT
Course Specialisations	Marketing Management Human Resource Management (HRM) Finance Management  Operations Management General Management
Full Course Fees	INR 2,90,000
Average Placement Package	INR 3,60,000 P.A.

List of Top MBA Colleges in Cities of Kerala

Explore a few more top MBA colleges in various cities of Kerala as have been listed below. 

1) MBA Colleges in Ernakulam

Ernakulam is a city in the central-southern parts of Kerala and is home to a few of the reputed management institutions for an MBA course. Some of the reputed colleges offering an MBA in Ernakulam have been listed below. 

MBA College/University	Course	Accepted Entrance Exams	MBA Fees (Approx.)
Federal Institute of Science & Technology	Master of Business Administration (MBA)	CMAT/CAT/KMAT	INR 4,69,795
Marian Academy of Management Studies	Master of Business Administration (MBA)	CMAT	INR 2,40,000
Toc H Institute of Science and Technology, Ernakulam	Master of Business Administration (MBA)	CAT/KMAT/CMAT	INR 1,88,000
Albertian Institute of Management	Master of Business Administration (MBA)	CAT/CMAT/KMAT	INR 3,75,000

2) MBA Colleges in Kochi

Kochi is one of the infrastructurally advanced and well-developed cities of Kerala hosting some of the top educational institutions of the state. Here are a few of the top management institutions of Kochi from where a management aspirant can take up an MBA course. 

MBA College/University	Course	Accepted Entrance Exams	MBA Fees (Approx.)
Amity Global Business School, Kochi	Master of Business Administration (MBA)+Post Graduate Program in Management (PGPM)	Graduation+English Essay Test+Interview	INR 3,05,550
School of Management Studies (SMS), Cochin University of Science & Technology	Master of Business Administration (MBA)	CAT/CMAT/KMAT	INR 1,12,000
Indian Maritime University (IMU), Kochi	Master of Business Administration (MBA)	IMU-CET	INR 4,00,000
Indian School of Business Management and Administration, Kochi	Master of Business Administration (MBA)	Based on General Eligibility	INR 49,900

3) MBA Colleges in Thiruvananthapuram

Thiruvananthapuram is the capital city of Kerala and is also home to some of the highly accredited and well-regarded management colleges and institutes of the state, a few of which have been mentioned below for MBA education. 

MBA College/University	Course	Accepted Entrance Exams	MBA Fees (Approx.)
Institute of Management in Kerala, University of Kerala	Master of Business Administration (MBA)	KMAT	INR 36,000–INR 1,00,000
Rajadhani Business School	Master of Business Administration (MBA)	KMAT/CMAT/CAT	INR 3,68,000
Conspi Academy of Management Studies	Master of Business Administration (MBA)	KMAT/CMAT/CAT	INR 4,11,000
National Institute of Business Management	Master of Business Administration (MBA)	KMAT	INR 41,900
Kerala Institute of Cooperative Management	Master of Business Administration (MBA)	KMAT/CMAT/CAT	INR 1,87,800

RoI of MBA Colleges in Kerala

The Return on Investment (RoI) in pursuing an MBA is an estimate of how quickly you can recoup the investments into the course after placements.

It is calculated by finding the ratio of the average CTC offered to MBA graduates through campus placements to the full fee for the course over 2 years. 

Is MBA Worth It?	Is Online MBA Worth It?
How to Calculate Return on Investment?

MBA colleges in Kerala offer good placement opportunities to the graduates through their campus selection and placement drives. Most of the MBA colleges have associations with top MNCs, firms and organizations in the private and public sector, allowing for excellent and well-paid professional opportunities right after course completion. 

Here is a list of the full course fees for top MBA colleges of Kerala along with the average placement packages offered in campus selections after course completion, given an estimate about the ROI. 

College/Institute	Full Course Fees	Average Placement Package
Indian Institute of Management (IIM), Kozhikode	INR 20,00,000-INR 21,00,000	INR 30,00,000 P.A.
Rajagiri Business School, Kochin	INR 8,89,500	INR 4,80,000 P.A.
National Institute of Technology, Calicut	INR 2,90,515	INR 6,03,000 P.A.
Amrita School of Business, Kochi	INR 12,86,000	INR 6,86,000 P.A.
Xavier Institute of Management & Entrepreneurship, Kochi	INR 9,00,000	INR 8,07,000 P.A.
Kochi Business School	INR 3,50,000	INR 6,00,000 P.A.
LEAD College of Management, Palakkad	INR 3,60,000	INR 3,40,000 P.A.
SCMS Cochin School of Business	INR 7,95,000	INR 7,00,000 P.A.
Holy Grace Academy of Management Studies, Thrissur	INR 6,00,000	Current Statistics Unavailable
Adi Shankara Institute of Engineering & Technology, Ernakulam	INR 2,90,000	INR 3,60,000 P.A.

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Top Recruiters

Some of the top recruiters of MBA graduates include companies and firms from various sectors such as:

• Marketing 
• Advertising 
• Research and Consultancy 
• Financial and Banking Services 
• IT sectors
• Business development agencies
• FMCG sector etc.

Here is a combined list of the top recruiters that partner with management colleges in Kerala to hire MBA graduates. 

Vedantu	PWC
KPMG	Accenture
ITC Limited	Deloitte
Bajaj Finserv	Byju’s
Randstad	LG
Amazon	Aditya Birla Group
Swiggy	Wipro
Decathlon	Tata Consultancy Services (TCS)
ICICI Bank	SBI Bank
Kotak Mahindra Bank	HDFC Bank

Online MBA Colleges 

With strides being made in the field of education technology, full-time degree courses are now being offered in the online (virtual) mode as well. UGC-DEB has now approved MBA as a valid course to be delivered in the fully online mode to interested aspirants, and as a result, many of the top management institutes of India are providing full-time online MBA courses that can be pursued from any location of convenience by a student, along with a number of additional advantages such as a comparatively affordable fee range, flexible study schedule, benefit of placement and other services from the convenience of one’s home etc. 

So if you are aspiring to take up an MBA from Kerala, you can also explore the various top online MBA colleges not just in Kerala but from across India that provide duly accredited online degrees. 

University	Course	Mode
Amity University Online	Master of Business Administration (MBA)	Online Learning Mode (OL)
Great Lakes Institute of Management	Post Graduate Diploma in Management (PGDM)	Online Learning Mode (OL)
Online Manipal	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)
Jain Online	Master of Business Administration (MBA)	Online Learning Mode (OL)

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

Other Online MBA Colleges

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.

MBA Colleges In Pune	MBA Colleges In Chennai
MBA Colleges In Bangalore	MBA Colleges In Hyderabad
MBA Colleges In Lucknow	MBA Colleges In Kolkata
MBA Colleges In India	MBA Colleges In Dehradun
MBA Colleges In Delhi	MBA Colleges In Varanasi
MBA Colleges In Gurgaon	MBA Colleges In Bhubaneswar
MBA Colleges In Jaipur	MBA Colleges In Patna
Government MBA Colleges In India	MBA Colleges In Mumbai
MBA Colleges In Maharashtra	MBA Colleges In Ahmedabad

Conclusion 

Kerala as a state hosts a large number of top management institutions and business schools for MBA education that one can choose from. There are both private and public MBA colleges so a larger number of students from various strata of the society can take up MBA degrees at affordable fee rates. The scope of placement after completing an MBA from Kerala is also quite good, with an appealing average CTC for freshers.