Top 9 MBA Colleges In Varanasi 2024- Admission, Fees, Exams

Varanasi is a hub of higher education in the eastern region of Uttar Pradesh and has a number of reputed colleges and universities that offer degree and diplomas pertaining to management to students. Here is a list of some of the well-regarded and duly MBA colleges in Varanasi  also commonly known as Banaras. Continue reading to explore various details and facts about MBA education in Varanasi. 

Top MBA Colleges in Varanasi

A city with a historical background boasting of higher education, there are many eminent institutions and universities in Varanasi that offer students with educational courses at the UG and PG levels in various domains. Management not being an exception, Varanasi is home to a number of colleges and management institutes that provide MBA courses for students to take up. These colleges and institutes are duly accredited by the requisite bodies of education as well, making them some of the reliable options for taking up an MBA from in Varanasi. Also Read: Full form of MBA.   

Here is a list of the top 9 MBA colleges in Varanasi that have been selected with careful consideration of their educational facilities, national rankings, course fees, placement facilities etc.

MBA College/University	NIRF Ranking	Course	Accepted Entrance Exams	MBA Fees (Approx.)
Banaras Hindu University (BHU)	56	Master of Business Administration (MBA)	CAT, BHU-UET	INR 99,288 - INR 1,50,000
School of Management Studies (SMS), Varanasi	–	Master of Business Administration (MBA)	CUET/UPSEE/CAT/MAT/XAT/CMAT/SMS online test	INR 3,46,500
Ashoka Institute of Technology and Management, Varanasi	–	Master of Business Administration (MBA)	CAT/MAT/UPCET	INR 1,19,000
Kashi Institute of Technology (KIT), Varanasi	–	Master of Business Administration (MBA)	CAT/MAT/UPSEE MBA/UPCET	INR 2,20,000
Mahatma Gandhi Kashi Vidyapith, Varanasi	–	Master of Business Administration (MBA)	CMAT	INR 1,10,000
Jeevandeep Institute of Management & Technology, Varanasi	–	Master of Business Administration (MBA)	CUET-PG/UPSEE/UPCET	INR 1,19,000
Microtek College of Management & Technology	–	Master of Business Administration (MBA)	MAT / CAT /GMAT/ SNAP / ATMA / UPCET Appearing / Management Quota	INR 1,10,165
Raj School of Management Studies	–	Master of Business Administration (MBA)	UPCET	INR 1,19,000
Rajarshi School of Management and Technology, Varanasi	–	Master of Business Administration (MBA)	UPSEE/UPCET	INR 2,08,630

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

If you are a management aspirant looking to take up an MBA course for a successful management career, then you must meet the necessary eligibility criteria selected by the university/institute of your choice for further selection. 

The general eligibility criteria for the course includes:

• A valid Bachelor’s degree in any stream of education from a Recognised University/Institute
• A Minimum Aggregate Score of 50% at the Graduation level
• A Minimum Work Experience in the Relevant Professional Sector (Not Mandatory, but demanded by certain institutions)

Having clarified the minimum eligibility criteria, the candidate must go through the selection procedure for the course, which generally includes the initial screening based on performance on a management aptitude test followed by rounds of group discussion and personal interview. 

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Some of the commonly accepted management entrance exams in universities and colleges of Varanasi include: 

• Common Admission Test (CAT)
• Management Aptitude Test (MAT)
• Xavier Aptitude Test (XAT)
• Uttar Pradesh State Entrance Examination (UPSEE)
• Uttar Pradesh Combined Entrance Test (UPCET)
• Common Management Admission Test (CMAT)

Some other universities/institutes may also have their own specific entrance tests for the selection of candidates for the MBA program. Here is a list of the accepted management entrance tests in some of the top MBA colleges and universities in Varanasi. 

College/University	Accepted Management Entrance Exam
Banaras Hindu University (BHU)	CAT, BHU-UET
School of Management Studies (SMS), Varanasi	CUET/UPSEE/CAT/MAT/XAT/CMAT/SMS online test
Ashoka Institute of Technology and Management, Varanasi	CAT/MAT/UPCET
Kashi Institute of Technology (KIT), Varanasi	CAT/MAT/UPSEE MBA/UPCET
Mahatma Gandhi Kashi Vidyapith, Varanasi	CMAT
Jeevandeep Institute of Management & Technology, Varanasi	CUET-PG/UPSEE/UPCET
Microtek College of Management & Technology	MAT / CAT /GMAT/ SNAP / ATMA / UPCET Appearing / Management Quota
Raj School of Management Studies	UPCET
Rajarshi School of Management and Technology, Varanasi	UPSEE/UPCET

If the candidate has cleared the round of shortlisting based on management entrance scores, they are called to the campus for further rounds of group discussions and personal interviews (GD-PI), followed by which the finally selected candidates are enrolled in the course. 

Best Private & Public MBA Colleges of Varanasi

Rank #1- Banaras Hindu University (BHU)

Banaras Hindu University (BHU) is a highly regarded university of the country that was established in 1968 and has established its name in the sphere of higher education at all levels of education including UG, PG and doctoral levels. BHU has accreditations such as from UGC and AICTE and is also a member of the AIU and a NAAC-rated ‘A’ grade institution of higher education. It is a university under the central government of India and provides affordable and quality higher education to the masses. 

BHU provides its management courses through the Institute of Management Studies (IMS), earlier known as the Faculty of Management Studies (FMS). The course offered here is an MBA degree program of a duration of 2 years. The course is approved by the AICTE and offered in  7 areas of specialisation, including those like finance, marketing, HRM, IT, international business, agribusiness and operations. The selection of candidates is on the basis of their scores on the CAT exam or the BHU UET, followed by rounds of group discussion and personal interview (GD-PI). The full fee for the course is INR 99,288 - INR 1,50,000 for two years. Placement services for this course include professional grooming as well as campus placements with average packages up to INR 11.4 LPA. 

Further details about the course are listed here.  

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, AIU, NAAC ‘A’ Grade, NIRF Rank 56 in Management Category etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT, BHU University Entrance Test (BHU-UET)
Course Specialisations	Finance Management Human Resource Management Information Technology (IT) Management Marketing Management Operations Management International Business Management (IBM) AgriBusiness Management
Full Course Fees	INR 99,288 - INR 1,50,000
Placement Package	INR 11,40,000 P.A.

Rank #2- School of Management Studies (SMS), Varanasi 

School of Management Studies (SMS), Varanasi was established in 1995 and is a college affiliated to Dr. A.P.J. Abdul Kalam Technical University (APJAKTU). The college has accreditations from bodies like the UGC and AICTE and has also been granted an ‘A’ grade by NAAC. It provides various upgraded learning facilities to students along with top faculty guidance and mentorship for a successful managerial career. 

The college provides a full-time MBA course of a duration of 2 years, that has the approval of AICTE. The college also provides a 5-year integrated MBA course that can be taken up by students. Candidates having a valid score in the CUET-PG, UPSEE, CAT, XAT, MAT, CMAT etc. or having qualified the SMS Online Test for MBA. The full fee for the MBA program is INR 3.46 lakhs for two years, with additional facilities for scholarships also available. The average CTC at which MBA graduates get placed here is INR 3.88 LPA. 

Find more details about the MBA program of SMS Varanasi here.

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, NAAC ‘A’ Grade, AICTE etc.
Course Duration	2 Years
Accepted Entrance Examinations	CUET/UPSEE/CAT/MAT/XAT/CMAT/SMS online test
Course Specialisations	Marketing  Human Resource Management Finance  Operations Management  Business Analytics
Full Course Fees	INR 3,46,500
Placement Package	INR 3,88,000 P.A.

Rank #3- Ashoka Institute of Technology and Management, Varanasi

Ashoka Institute of Technology and Management or AITM, Varanasi, was established in 2010 and is affiliated to Dr. A.P.J. Abdul Kalam Technical University (AKTU). It is also recognised by the UGC, AICTE and the Ministry of Human Resource Development (MHRD), Government of India. This is one of Varanasi's top institutions where a student can seek affordable MBA education. 

AITM offers students with an AICTE-approved MBA program of 2 years. The course is offered in 2 main specialisation areas by the institute, namely Banking and financial services (BFSI) and healthcare and hospital management. The accepted entrance exams here include CAT, MAT and UPCET. The full fee for the course is INR 1.19 lakhs, which is in a relatively affordable range as compared to many management schools of India. The placements at AITM offer good RoI as well, with packages ranging upto INR 2.5 LPA on an average. 

Find further details about the MBA degree course at AITM here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, PCI, Recognised by the MHRD etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT/MAT/UPCET
Course Specialisations	Banking and Financial Services Healthcare and Hospital Management
Full Course Fees	INR 1,19,000
Placement Package	INR 2,50,000 P.A.

Rank #4- Kashi Institute of Technology (KIT), Varanasi 

The Kashi Institute of Technology (KIT), affiliated to the Dr. A.P.J. Abdul Kalam Technical University (AKTU), was established in 2008. It is a NAAC-recognised institute and has been accredited by statutory bodies like the UGC and AICTE. The institute boasts of a technologically and infrastructurally advanced campus, with robust educational support through a highly experienced faculty and collaborations with industry experts. 

The course offered at KIT Varanasi is a 2-year degree program-an MBA. The course here has been recognised by the AICTE as a competent professional course. The accepted entrance exams for admissions include CAT, MAT, UPSEE and UPCET. The full fee for the program is INR 2,20,000, along with available facilities for paying the fee in instalments. The RoI of KIT is also quite satisfactory as highly appealing salary packages are offered to MBA graduates through campus selections upon degree completion. 

Find further important details about the MBA course at KIT Varanasi here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, NAAC-Recognised
Course Duration	2 Years
Accepted Entrance Examinations	CAT/MAT/UPSEE MBA/UPCET
Course Specialisations	Marketing Finance Human resources Information Technology International Business Operation Management
Full Course Fees	INR 2,20,000
Placement Package	INR 6,25,000 P.A.

Rank #5- Mahatma Gandhi Kashi Vidyapith (MGKVP), Varanasi 

The Mahatma Gandhi Kashi Vidyapith (MGKVP) was established in the year 1921 and has over a century of legacy in providing higher education to the students of the country. MGKVP is a public university that is recognised by national bodies and educational statutories such as the UGC and AICTE. It is also a NAAC-recognised university. MGKVP is an institution that offers affordable education to students along with top facilities for learning including technologically advanced labs, research and development centres etc. 

The course offered at MGKVP is an MBA degree that has a duration of 2 years, and is offered in the full-time mode. It is an AICTE-approved course, and costs INR 1.1 lakhs for two years. The academic fee is within a pocket-friendly range in comparison to private management institutes and MGKVP can be one of the most feasible options for MBA education in Varanasi since it also offers an excellent RoI for the course through its campus selections. 

Here are more important details about the MBA program at MGKVP. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, NAAC-Recognised, AICTE etc.
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 1,10,000
Placement Package	INR 4,20,000 P.A.

Rank #6- Jeevandeep Institute of Management & Technology, Varanasi 

Jeevandeep Institute of Management and Technology was established in 2004 and is recognised by the MHRD as being an eminent higher education institution. It is a part of the  Jeevandeep Group of Educational Institutions and has received accreditations from the UGC and AICTE. JIMT has also established itself as one of the best management institutions in Varanasi. It is affiliated to the Dr. A.P.J. Abdul Kalam Technical University (AKTU), Lucknow. Some of the major facilities offered at JMIT include a fully wifi campus, research rooms, a library with an extensive collection, banking facilities, computing facilities etc. 

JIMT offers an AICTE-approved MBA program to candidates interested in taking up a management degree after graduation. The course is of a duration of 2 years and candidates are screened based upon their scores in the CUET-PG, UPSEE and UP-CET. Currently, the institute offers 2 specialisations for the course–finance management, marketing management and human resource management. The full fee for the course is INR 1.19 lakhs, which is available with financial support features such as through semester-wise instalments. Placement services are also available for this course and the past placement records show that majority of the students from the college get placed at top reputed companies and firms after completing their MBA. 

Find more details about the MBA program at JIMT here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, Recognised by the MHRD etc.
Course Duration	2 Years
Accepted Entrance Examinations	CUET-PG/UPSEE/UPCET
Course Specialisations	Marketing Management  Human Resource Management (HRM) Finance Management
Full Course Fees	INR 1,19,000
Placement Package	Current Statistics Unavailable

Rank #7- Microtek College of Management & Technology

Started in 2000, Microtek College of Management and Technology is a UGC approved and MoE-recognised management institute in Varanasi. It is also affiliated to Dr. A.P.J. Abdul Kalam Technical University (AKTU) and offers AICTE-approved management courses to students. 

The course offered here is a Master of Business Administration (MBA), a 2-year managerial degree program that has been approved by the AICTE. It is offered in 6 areas of specialisations and students also get the option for opting for a dual specialisation in the course. Some of the accepted entrance exams for admission to the program include CAT, MAT, GMAT, SNAP etc. The full course fee is INR 1.1 lakhs and the course is placement-integrated with a dedicated placement cell arranging professional training and campus selection drives. 

Here are further important details about the MBA program at Microtek College of Management and Technology. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, Ministry of Education (MoE), Recognised by Government of India
Course Duration	2 Years
Accepted Entrance Examinations	MAT / CAT /GMAT/ SNAP / ATMA / UPCET Appearing / Management Quota
Course Specialisations	Marketing Management  Human Resource Management  Finance Management   Operation Management  International Business Management   Information Technology Management
Full Course Fees	INR 1,10,165
Placement Package	Data Unavailable

Rank #8- Raj School of Management Studies

Raj School of Management Studies is another major college for management studies in Varanasi. It was established in 2011 and is affiliated to AKTU for providing its management degree programs. Being a UGC and AICTE-approved private college, RSMS provides quality education with comprehensive learning experience to students. It provides infrastructural facilities including those like a well-equipped library, computer room, science lab, language lab etc. 

The MBA program at Raj SMS has been approved by the AICTE and is offered as a full-time 2 year degree at the postgraduate level. The candidate selection for the course is based on the Uttar Pradesh Combined Entrance Test (UPCET) followed by further screening (including personal interview). The offered specialisations for the course include marketing management, finance management, human resource management and information technology management. The full fee is INR 1.19 lakhs to be paid over the 4 semesters of the course. Placement services are also offered by the college for MBA graduates. 

Here are further details about the MBA course at Raj SMS. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE
Course Duration	2 Years
Accepted Entrance Examinations	UPCET
Course Specialisations	Marketing Management Finance Management Human Resource Management Information Technology Management
Full Course Fees	INR 1,19,000
Placement Package	Current Data Unavailable

Rank #9- Rajarshi School of Management and Technology, Varanasi

Rajarshi School of Technology and Management (RSMT) was established in 1999 and is an institution accredited by the UGC as well as AICTE. It is affiliated to the Dr. A.P.J. Abdul Kalam Technical University (AKTU), Lucknow, and offers courses at the UG and PG levels in areas of computer applications and management. The college offers facilities including infrastructural features like the computer lab, library, seminar hall, banking and posting facilities etc. 

RSMT offers a full-time MBA degree course of 2 years in its Varanasi campus. The course has been approved by the AICTE. Admissions to the course are conducted on the basis of UPSEE and UPCET. There are a number of available specialisations that the candidates can choose for this course including those like rural development management, IT management, international business management etc. The full fee for the course is INR 2.08 lakhs. The RoI at the college is satisfactorily good with good scope of placements in reputed firms and companies across the nation. 

Find more details about the MBA course at RSMT here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE
Course Duration	2 Years
Accepted Entrance Examinations	UPSEE/UPCET
Course Specialisations	Marketing Management Financial Management Human Resource Management (HRM) Rural Development Management  Information Technology (IT) Management International Business Management
Full Course Fees	INR 2,08,630
Placement Package	INR 3,50,000 P.A.

RoI of MBA Colleges in Varanasi

The Return on Investment in the case of an MBA college reflects the career advantage of going for an MBA from an institute and how quickly the financial and other investments into the course can be regained through placements.

The RoI is calculated as the ratio of the full course fee and the average placement package after graduation. 

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

The RoI of MBA colleges at Varanasi is satisfactory–MBA education in the city is quite affordable, and decently high placement packages are offered as starting offers to MBA graduates from the city. Here is a tabulation of the course fee for an MBA at some of the best and well-reputed MBA colleges in Varanasi along with the average placement package offered at these colleges after completing an MBA. 

College/Institute	Full Course Fees	Average Placement Package
Banaras Hindu University (BHU)	INR 99,288 - INR 1,50,000	INR 11,40,000 P.A.
School of Management Studies (SMS), Varanasi	INR 3,46,500	INR 3,88,000 P.A.
Ashoka Institute of Technology and Management, Varanasi	INR 1,19,000	INR 2,50,000 P.A.
Kashi Institute of Technology (KIT), Varanasi	INR 2,20,000	INR 6,25,000 P.A.
Mahatma Gandhi Kashi Vidyapith, Varanasi	INR 1,10,000	INR 4,20,000 P.A.
Jeevandeep Institute of Management & Technology, Varanasi	INR 1,19,000	Current Statistics Unavailable
Microtek College of Management & Technology	INR 1,10,165	Data Unavailable
Raj School of Management Studies	INR 1,19,000	Current Data Unavailable
Rajarshi School of Management and Technology	INR 2,08,630	INR 3,50,000 P.A.

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Top Recruiters of MBA Graduates in Varanasi

The recruiters of MBA graduates include companies, multinational firms, corporate houses etc. from a large number of sectors including those like marketing and advertising, FMCG, banking and finance, research and consultancy, IT sector etc. The job scope after completing an MBA course at Varanasi is also considerably high and various reputed companies partner with the college and universities at Varanasi to hire MBA graduates directly after course completion.

Here is a list of some of the top recruiters of the various MBA colleges in Varanasi. 

College/Institute/University	Top Recruiting Partners
Banaras Hindu University (BHU)	DHL IDBI Bank ICICI Bank  Make My Trip Federal Bank Ujjivan SFB Cafe Coffee Day Berger Paints etc.
School of Management Studies (SMS), Varanasi	Axis Bank ICICI Bank Kotak Mahindra Bank Apollo Hospitals Infopro HCL Infosystems TATA Consultancy Services Byju's The Learning App Kelogg’s  Nestle India Havells India Apollo Tyres Reliance Retail Vodafone etc.
Ashoka Institute of Technology and Management, Varanasi	Amazon  Dalmia Bharat Group  Tata Consultancy Services (TCS) Vedantu Capgemini  State Bank of India (SBI) Cognizant  Genpact  Kotak Mahindra Bank Whirlpool  Samsung  ADP  ICICI Bank  Nestle etc.
Kashi Institute of Technology (KIT), Varanasi	Vedantu  Tata Consultancy Services (TCS) Shyam Steel  Parle  JustDial Infosys  HCL  ICICI Prudential Genpact  HP Oppo IBM  Cipla Capgemini  Wipro  Tech Mahindra  Axis Bank  Byju’s  Vodafone etc.
Mahatma Gandhi Kashi Vidyapith, Varanasi	Piramal Foundation Just Dial Pvt. Ltd Utkarsh Small Finance Bank Bharti AXA General Insurance Company Limited Religare Money Capital Height Travel Binz Pvt. Ltd. etc.
Jeevandeep Institute of Management & Technology, Varanasi	ICICI Prudential  Havells  HSBC HCL Zomato  Deloitte  Nestle  Religare  SBI Life CitiFinancial etc.
Microtek College of Management & Technology	Tech Mahindra  Tata Consultancy Services (TCS) Axis Bank  HDFC Bank Bajaj Finserv  Reliance Foundation Larsen & Toubro  Vedantu  Accenture  Deloitte  Wipro  Infosys  IBM Airtel  Apollo Hospitals  Microsoft  Outlook etc.
Raj School of Management Studies	Tech Mahindra Larsen & Toubro Infotech Lava IBM Infosys  Pepsico  Anchor  Wipro  Cognizant  Dell  Genpact etc.
Rajarshi School of Management and Technology, Varanasi	Bajaj Finance Muthoot Finance Larsen & Toubro Finance Limited Aditya Birla Finance Ltd. Samsung Wipro Amazon Flipkart  Tata Consultancy Services Infosys Oracle  Microsoft Cognizant  Apollo Hospital  Nestle Volkswagen etc.

Online MBA Colleges in Varanasi

Apart from taking up an MBA course in the full-time regular mode, students also have the option of going for an MBA degree in the online learning mode. An online MBA is a unique opportunity for a management aspirant to flexibly complete a degree equivalent to a regular MBA through any convenient location and at any management college across India. As per UGC guidelines, an online MBA from a duly accredited university/institution is fully valid and equal in value to a regular MBA course. 

Some of the top approved institutions you can take up an online MBA course from have been listed below. 

University	Location	Course	Mode
Jain Online	Bangalore	Master of Business Administration (MBA)	Online Learning Mode (OL)
Amity Online	Noida (Main Campus)	Master of Business Administration (MBA)	Online Learning Mode (OL)
Dr. D. Y. Patil Vidyapeeth, Pune	Pune	Master of Business Administration (MBA)	Online Learning Mode (OL)
Chandigarh University Online	Chandigarh	Master of Business Administration (MBA)	Online Learning Mode (OL)
Online Uttaranchal University	Dehradun	Master of Business Administration (MBA)	Online Learning Mode (OL)
ICFAI Online	Hyderabad (Main Campus)	Master of Business Administration (MBA)	Online Learning Mode (OL)
Online Manipal	Jaipur & Bangalore	Master of Business Administration (MBA)	Online Learning Mode (OL)

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 Bhubaneswar
MBA Colleges In Gurgaon	MBA Colleges In Patna
MBA Colleges In Jaipur	MBA Colleges In Mumbai
Government MBA Colleges In India	MBA Colleges In Maharashtra
MBA Colleges In Ahmedabad	MBA Colleges In Kerala

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

Conclusion 

To conclude, Varanasi is home to some of the best MBA colleges that offer affordable education along with infrastructural facilities and placement support to students, helping them in not only developing a strong management base but also establishing a successful managerial career.