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

Surat is located on the western coast of India in Gujarat and has a number of colleges for higher education in management and technology. Quite a few management colleges and institutes of Surat offer an MBA program to students and professionals, with requisite academic facilities and placement services that allow students to develop a successful managerial career. 

This blog is your one-stop for all the important information regarding the reputed management colleges in Surat and their MBA courses. So continue reading to find further details and make the right choice about the best MBA college for your management journey!

Top MBA Colleges in Surat 

The city of Surat is home to a number of colleges and higher educational institutions that offer quality educational services to students at various levels. There are quite a few management institutions in Surat as well, that offer a full-time regular MBA course at the PG level. With infrastructural facilities, experienced faculties as well as placement services, these colleges provide satisfactory academic and industrial exposure to students to develop a successful career in management. Also Read: Full form of MBA.

 

Here is a list of the well-regarded and prestigious colleges and universities in Surat that offer an MBA or equivalent degree course to management aspirants. The following institutions have been selected on the basis of their educational services, curricular framework, faculty and industry connections. 

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
SR Luthra Institute of Management (SRLIM), Surat	Master of Business Administration (MBA)	CAT/CMAT	INR 1,52,000
P. P. Savani University	Master of Business Administration (MBA)	CMAT	INR 2,40,000
ISBM Indian School of Business Management and Administration	Post Graduate Program in Management (PGPM)	Based on General Eligibility	INR 49,900
The Mandvi Education Society Institute of Business Management & Computer Studies, Surat	Master of Business Administration (MBA)	Based on General Eligibility	INR 1,46,000
Veer Narmad South Gujarat University	Master of Business Administration (MBA)	CMAT	INR 16,010 - INR 26,010

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

The admission procedure for an MBA college mainly comprises of three phases: 

• Phase I: The candidate should firstly be eligible to apply to the course, which includes meeting the minimum eligibility criteria for admissions 

• Phase II: Once the candidate is eligible to apply to the MBA program, they must prepare and appear in a management aptitude exam/entrance test either at the national, state or institutional level, based on which further screening of participants is completed by the college/university 
• Phase III: Finally, once the candidate has cleared the initial screening on the basis of the management entrance score, they must qualify rounds of group discussion and/or personal interviews (GD-PI) for final selection for the course. 

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Hereby, further information about the minimum eligibility criteria and accepted entrance examination for admission to an MBA college in Surat has been provided:

• The candidate should be a graduate, i.e. having attained at least the Bachelor’s level of education from a recognised university/institution. 
• Candidates with any stream/educational background can apply for an MBA. 
• The candidate should have secured at least 50% aggregate marks/equivalent grade in graduation. 
• The candidate should have also qualified a valid management entrance examination such as CAT/CMAT/GCET/MAT/GMAT/XAT for admission

Given below is a list of the commonly accepted management entrances whose scores are considered valid for admission to an MBA program in top colleges of Surat. 

MBA College/Institute	Accepted Entrance Examination
Auro University	CAT/MAT/CMAT/GMAT/XAT/Gujarat Common Entrance Test (GCET)
SR Luthra Institute of Management (SRLIM), Surat	CAT/CMAT
P. P. Savani University	CMAT
ISBM Indian School of Business Management and Administration	Based on General Eligibility
The Mandvi Education Society Institute of Business Management & Computer Studies, Surat	Based on General Eligibility
Veer Narmad South Gujarat University	CMAT

Best Private & Public MBA Colleges of Surat  

Find further essential details about the MBA/PGPM programs offered at some of the eminent institutions of management in Surat. 

1)  Auro University 

Auro University was established in Surat in 2011 and is a higher educational institution of eminence, as it has been rated as an ‘A’ grade university by NAAC. It is also approved by the UGC. The university offers a full-time MBA program to students through the School of Business in specialisation areas related to marketing, finance, HRM and international business. To make education inclusive and affordable for all, the university offers up to 100% scholarships to students. The course is also 100% placement-integrated and students can explore jobs in top companies and MNCs after completing the degree from here.

Find further details about the course and university here.

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, NAAC ‘A’ Grade etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT/MAT/CMAT/GMAT/XAT/Gujarat Common Entrance Test (GCET)
Course Specialisations	Human Resource Management (HRM) Finance Management Marketing Management International Business (IB) Management
Full Course Fees	INR 7,00,000
Placement Package	Current Statistics Unavailable

2) SR Luthra Institute of Management (SRLIM), Surat

Started in 1999, S. R. Luthra Institute of Management (SRLIM) has emerged as one of Gujarat’s well-known institutes for management and business studies. The institute is affiliated to Veer Narmad South Gujarat University and is a 3-star institution of higher education as rated by the Gujarat State Institutional Framework (GSIF). The institute offers an AICTE-approved MBA program in three specialisations- marketing, finance and HRM. With an affordable fee range and financial aid, students from diverse backgrounds can take up the course easily. The course faculty, curriculum, pedagogical guidelines as well as policies, internships and placements have been arrived at with careful consideration of current industrial standards and demands. The placement services of the institute conduct regular industry interactions, professional grooming workshops and campus placement drives to enable students to discover their professional aptitude and opportunities in a diversity of fields and firms. 

Find further details about the MBA program at SRLIM Surat here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE, Gujarat State Institutional Framework (GSIF)-3 Stars
Course Duration	2 Years
Accepted Entrance Examinations	CAT/CMAT
Course Specialisations	Human Resource Management (HRM) Finance Management Marketing Management
Full Course Fees	INR 1,52,000
Placement Package	INR 3,46,000 P.A.

3) P. P. Savani University

P. P. Savani University is a private university of Surat that was established in 1987 and has accreditations like those from UGC and AICTE. It offers higher educational courses in a number of domains, and the management courses at PPSU are offered via the School of Liberal Arts & Management Studies. The MBA program at PPSU is an AICTE-approved regular degree course for candidates who have qualified the CMAT with a valid score. The university offers the chances of pursuing dual specialisations in areas of finance management, wealth management, marketing management, HRM and data analytics. The full course fee for an MBA from PPSU is INR 2.4 lakhs. The placement services of PPSU are also quite efficient, offering students the opportunity to explore their professional opportunities in reputed firms and companies.

Given below are essential details about the MBA program at PPSU.  

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE
Course Duration	2 Years
Accepted Entrance Examinations	CMAT
Course Specialisations	Marketing Management and Data Analytics Finance Management and Wealth Management Human Resource Management
Full Course Fees	INR 2,40,000
Placement Package	INR 4,00,000 P.A.

4) Indian School of Business Management and Administration (ISBM) 

Established by the Aeren Foundation in 19912, ISBM Surat is an eminent business school in the city that has accreditations such as those from UGC, NDA, NHRD, ASCBE etc. The institute offers a full-time Post Graduate Program in Management (PGPM) which is equivalent to an MBA course. There are 8 specialisations available in this course, which includes the likes of industrial management, purchase management, software/hardware management etc. Candidates who do not have a valid score in a management entrance can also seek admission in this course, as the major screening criteria here is the minimum eligibility. The fee range here has been set in a pocket-friendly range of INR 49,900 for two years, allowing a larger number of management aspirants to take up the course. Placement services including annual placement drives and professional training and grooming are extended by the institute. 

Find more details about the PGPM at ISBM here. 

Degree Offered	Post Graduate Program in Management (PGPM)
Accreditations	UGC, NHRD, NDA, ASCBE etc.
Course Duration	2 Years
Accepted Entrance Examinations	Based on General Eligibility
Course Specialisations	Advertising/Media/Communication Management General Management  Purchase/Logistics Management Banking/Finance/Accounts Management Software/Hardware Management Marketing Management Industries/Production Management Human Resource Management (HRM)
Full Course Fees	INR 49,900
Placement Package	Current Statistics Unavailable

5) The Mandvi Education Society Institute of Business Management & Computer Studies, Surat 

The Mandvi Education Society and Institute of Business Management and Computer Studies, a private autonomous institution for technical and management education, was established in 2010 in Surat. The institute is affiliated to the Gujarat Technological University (GTU) and has been approved by the AICTE for its management courses. The MBA program here is offered in 3 specialisation areas–marketing management, human resource management and finance management. The course fee for the program is INR 1,46,000, and the available financial aids make the course affordable for students from diverse backgrounds. The course is also placement-integrated, and the institute has a wide industrial connection allowing students to explore jobs in top MNCs and companies. 

Important details about the course have been mentioned below. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE
Course Duration	2 Years
Accepted Entrance Examinations	Based on General Eligibility
Course Specialisations	Human Resource Management (HRM) Finance Management Marketing Management
Full Course Fees	INR 1,46,000
Placement Services	Placement-Integrated Course

6) Veer Narmad South Gujarat University

Veer Narmad South Gujarat University is a public state university in Surat that has been recognised by the AICTE, UGC and NAAC. The management programs, including the AICTE-approved MBA  program, are offered through the Department Of Business & Industrial Management, Faculty of Management Studies in the university. Candidates who have qualified the CMAT exam are eligible to apply to the program. 4 specialisations are available in the course–marketing management, human resource management, finance management and production and operations management. The full course fee is in a very affordable range for management education – within INR 16,000 to INR 26,000. The placement services of the university allow for satisfactory returns on investment as they provide professional grooming as well as placements after graduation with fair compensation. 

Find more details about the MBA program at the Veer Narmad South Gujarat University here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, NAAC-Recognised (B++ Grade)
Course Duration	2 Years
Accepted Entrance Examinations	CMAT
Course Specialisations	Human Resource Management (HRM) Finance & Accounting Management Marketing Management Production & Operations Management
Full Course Fees	INR 16,010 - INR 26,010
Placement Package	INR 2,20,000 P.A.

RoI of MBA Colleges in Surat  

The RoI of an MBA college reflects the efficiency of the placement services offered at the institution, which help a graduate to quickly regain the financial investments into the course after completion of the degree.

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

It is the ratio of the average placement package offered to a graduating MBA batch and the full fee charged for the course.

The management colleges in Surat offer a decent RoI after completion of the program. The fee range in Surat for completing the course is quite affordable, along with placements that allow students to start out their management career at decent salaries, with scope for quick career escalation. Here is a list of the top MBA colleges in Surat along with their full fee for the program and the average CTC at which students were placed through campus placement drives. 

College/Institute	Full Course Fees	Average Placement Package
Auro University	INR 7,00,000	Current Statistics Unavailable
SR Luthra Institute of Management (SRLIM), Surat	INR 1,52,000	INR 3,46,000 P.A.
P. P. Savani University	INR 2,40,000	INR 4,00,000 P.A.
ISBM Indian School of Business Management and Administration	INR 49,900	Current Statistics Unavailable
The Mandvi Education Society Institute of Business Management & Computer Studies, Surat	INR 1,46,000	Current Statistics Unavailable
Veer Narmad South Gujarat University	INR 16,010 - INR 26,010	INR 2,20,000 P.A.

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Top Recruiters of MBA Graduates in Surat 

Surat is an urban city in Gujarat and has a developing industrial network, with more and more companies and MNCs visiting the city for establishing commerce and business in the region. In this context, many prestigious companies, organisations and multinational enterprises are hiring management professionals, majorly MBA graduates for fairly compensated job roles. 

The MBA colleges of Surat also have a fairly wide industrial network and connections which allow students to explore job opportunities with appealing compensation rates in corporates, MNCs and organisations. Here is a list of the top MBA colleges of Surat along with some of their prominent recruitment and hiring partners. 

College/Institute/University	Top Recruiting Partners
Auro University	Deloitte  Axis Bank  Bajaj Finserv  Adani  Marriott  Aditya Birla Group  HDFC Bank  Max Life Insurance  Orchidea  Larsen & Toubro  Reliance Industries Ltd. etc.
SR Luthra Institute of Management (SRLIM), Surat	DCB Bank  Kotak Life Insurance ICICI Prudential SBI Life Bajaj Finserv  Franklin Templeton Investments ICICI Bank  HDFC Bank  Croma  Godrej etc.
P. P. Savani University	Asian Paints BSE  Utopia  Britannia  JP Industries  NJ Industries  Tapi  SRK  Tata Consultancy Services (TCS) Vodafone etc.
ISBM Indian School of Business Management and Administration	Andhra Bank Bajaj Allianz ICICI Bank  Oberoi Hotel etc.
The Mandvi Education Society Institute of Business Management & Computer Studies, Surat	Information Unavailable
Veer Narmad South Gujarat University	HDFC Bank  Kotak Bank  ICICI Bank SBI LIFE Bajaj Financial Ltd Byju’s N J India Invest P.Ltd. Au Small Finance Bank Ltd.  IDFC Bank etc.

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

Online MBA Colleges in Surat 

To address the issue of limited number of seats, high fee range, regional restraints that arise out of having to select a college in a city/state in case of a regular MBA course, the University Grants Commission (UGC-DEB) has provided recognition to a fully online MBA degree. It has also announced that a duly accredited online MBA is equivalent in value and credibility to an offline/regular MBA.  

Pursuing an online MBA can confer many benefits to a student, ranging from flexibility of learning, affordable fee range with financial aids, placement support to being able to select the top college for management without consideration of accommodation and relocation, as one can easily complete an online MBA from any location of their choice! 

Here are a few prestigious online universities and colleges across India that offer a fully online MBA program that has been duly accredited by the requisite statutory bodies like 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, there are a number of institutes, universities and colleges in Surat that offer a full-time MBA program to students, along with academic and career services at par with national standards. The scope of career development after completing the degree from the city is also prosperous.