Top Management Colleges in India 2024: Ranking, Courses, Fees & Placements

Management involves planning, organising, leading, and controlling human resources efficiently and effectively. Management is a discipline that offers various UG, PG, PhD level courses such as BBA, BMS, BBM, MBA, PGDM, etc., in multiple specialisations like marketing, finance, human resource, etc. NIRF, and Times B School, have ranked various government and private management colleges in India based on the courses. Top management colleges in India like IIMs, IITs, private B-schools provide quality education with better career prospects and high placement packages for students.

Table of Contents

Top Management Colleges in India by NIRF Ranking
Top Management Colleges in India by Times B School
Specialisation-wise Management Colleges in India
Fee Structure of Top Management Colleges in India
Entrance Exams accepted for Management Colleges
Admission and Eligibility Criteria for Management Colleges
Cut Off for Top Management Colleges in India
Scope of Management
Management Placements
FAQs

Top Management Colleges in India by NIRF Ranking

National Institutional Ranking Framework (NIRF) is a government ranking agency run by the Ministry of Human Resource Development (MHRD) that uses specific methodologies based on set parameters to rank institutions in India every year. The ranking parameters and weightage used by the NIRF to rank colleges are as follows:

Teaching, Learning, and Resources (TLR) - 30%
Research and Professional Practice (RP) - 30%
Graduation Outcomes (GO) - 15%
Outreach and Inclusivity (OI) - 15%
Peer Perception (PR) - 10%

Following is the list of top management colleges in India by NIRF ranking 2021:

NIRF Ranking 2021	Name of the College	NIRF Score
1	Indian Institute of Management, Ahmedabad	83.69
2	Indian Institute of Management, Bangalore	83.48
3	Indian Institute of Management, Calcutta	80.04
4	Indian Institute of Management, Kozhikode	73.34
5	Indian Institute of Technology, Delhi	72.15
6	Indian Institute of Management, Indore	71.10
7	Indian Institute of Management, Lucknow	71.02
8	Xavier Labour Relations Institute (XLRI), Jamshedpur	69.93
9	Indian Institute of Management, Kharagpur	69.50
10	Indian Institute of Technology, Bombay	68.08

Top Management Colleges in India by Times B School

Below listed are the top management colleges in India as per Times B School ranking:

Times B School Ranking 2021	Name of the College	MBA Total Tuition Fees (INR)
1	Xavier School of Management, Jamshedpur	23,60,000
2	Indian Institute of Management (IIM), Raipur	14,20,400
3	Indian Institute of Management (IIM), Udaipur	6,16,000
4	Indian Institute of Management (IIM), Shillong	14,60,000
5	Institute of Management Technology (IMT), Ghaziabad	19,53,000
6	Indian Institute of Management (IIM), Kashipur	15,42,000
7	K.J Somaiya Institute of Management, Mumbai	6,47,350
8	ICFAI Business School, Hyderabad	14,00,000
8	Vinod Gupta School of Management, IIT Kharagpur	10,30,000
9	Department of Management Studies, IIT Delhi	9,60,000
10	Rajagiri Centre for Business Studies, Kochi	6,00,000

Specialisation-wise Management Colleges in India

Management colleges offer courses in multiple specialisations like marketing management, human resource, finance, accounting, supply chain, etc. Students have numerous specialisations to choose from based on career opportunities. Few of the specialisations offer the scope of job opportunities in various fields with a decent salary package. Listed below are some of the top management colleges in India with specialisations that offer a promising career in management:

Top Finance Colleges in India

Management degree in finance provides lucrative opportunities and better career options to the students. Finance sector is one of the most sought-after options that gives high chances of recruitment by various NBFCs, mutual fund investment firms, brokerage firms, etc. Listed below are some of the top management colleges for finance in India:

Indian Institute of Management, Bangalore
Indian Institute of Management, Calcutta
XLRI, Jamshedpur
SP Jain Institute of Management Research, Mumbai

Top Marketing Colleges in India

Marketing management involves the planning and distribution of ideas, products, and services, along with advertisement and promotion into the market. The marketing field provides lucrative jobs and allows the students to work in top MNCs, banks, or public enterprises. Below mentioned are some of the top management colleges for marketing in India:

Indian Institute of Management, Indore
Faculty of Management Studies, Delhi
Narsee Monjee Institute of Management Studies, Mumbai

Fee Structure for Top Management Colleges in India

Various management colleges in India offer BBA, BMS, MBA courses with a fee structure ranging from low to high depending on the type of college and the facilities provided to the students. Below listed is the fee structure for the top public and private colleges for BBA and MBA:

Public Management Colleges with BBA Fees

Below mentioned are some of the top public management colleges with their BBA fees:

Name of Public Colleges	BBA Fees Structure (Total Tuition Fees INR)
Government College, Bahadurgarh	5,000
Government College for Women, Karnal	6,700
Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur	7,770

Private Management Colleges with BBA Fees

Listed below are some of the top private management colleges with their BBA fees:

Name of Private Colleges	BBA Fees Structure (Total Tuition Fees INR)
Narsee Monjee Institute of Management Studies, Mumbai	11,50,000
ICFAI Business School, Hyderabad	7,80,000
Kalinga Institute of Industrial Technology, Bhubaneswar	8,40,000

Public Management Colleges with MBA Fees

Below mentioned are some of the top public management colleges with their MBA fees:

Name of Public Colleges	MBA Fees Structure (Total Tuition Fees INR)
Indian Institute of Management, Ahmedabad	23,00,000
Indian Institute of Management, Bangalore	23,15,000
Indian Institute of Management, Calcutta	27,00,000
Indian Institute of Management, Lucknow	21,00,000

Private Management Colleges with MBA Fees

Some of the top private management colleges with their MBA fees are listed below:

Name of Private Colleges	MBA Fees Structure (Total Tuition Fees INR)
Management Development Institute (MDI), Gurugram	18,85,000
Symbiosis Institute of Business Management, Pune	19,20,000
Narsee Monjee Institute of Management Studies, Mumbai	18,50,000
SP Jain Institute of Management & Research, Mumbai	17,50,000

Entrance Exams Accepted by Management Colleges in India

Top management colleges in India offer admission to the students based on the marks in various national or state-level entrance examinations. Below mentioned are some of the popular entrance exams for management courses:

CAT
MAT
CMAT
NMAT
XAT
AIMA UGAT
JSAT
IPU CET
SNAP
MHT CET

Admission and Eligibility Criteria for Management Colleges

Management colleges offer admission to various courses at the undergraduate, postgraduate, doctoral levels in multiple specialisations. Students will be given admission to the management courses based on the rank secured in the national or state level entrance exams, a merit-based admission. Many private colleges also accept management quota with limited seats. Below mentioned are the eligibility criteria for admission to management colleges in India:

Eligibility Criteria for Management Colleges

Top management colleges set standard guidelines for all the students to participate in the admission process, and candidates must fulfill the minimum eligibility criteria for management courses. Listed below are the general eligibility criteria for management colleges in India:

UG: Candidates must have passed 10+2 with a minimum of 50% marks from a recognised board.
PG: The students must have completed graduation in any stream or equivalent from a recognised university with a good score in any national or state-level entrance exams.
PhD: Aspirants need to complete a master’s degree with a minimum of 60% marks from a recognised university.

Admission in Management Colleges

There are 6231 management colleges in India, out of which 5142 colleges are private, and the rest are public colleges. Management colleges offer UG, PG, PhD level courses in various specialisations such as marketing management, human resource, finance, supply chain management, etc. Most of the top management colleges’ admissions are based on the CAT, MAT, XAT exam scores. Following are the general admission criteria for management colleges in India, and it varies from college to college:

Admissions to management courses are made based on the national and state-level entrance exam scores such as CAT, MAT, SNAP, etc. After considering the entrance exam scores, colleges conduct their Written Ability Test (WAT) along with Group Discussion (GD) and Personal Interview (PI) rounds.
Top management colleges in India also consider the overall academic performance of the candidate, including the marks in Class 10th and 12th.

Cut Off for Top Management Colleges in India

Top management colleges in India release multiple cut-off lists for admission in various courses based on scores or merit in the entrance exams. The cut-off may vary every year based on the factors set by the institutions. CAT, MAT, NMAT, SNAP entrance exams are some of the popular exams for admission to MBA courses.

CAT Cut Off

Common Admission Test (CAT) is a national-level aptitude test for admission to 20 IIMs, and over 1200 business schools in India. Top IIMs conduct CAT exam on a rotational basis.

Below mentioned is the CAT cut off for some of the colleges:

Name of the Colleges	CAT Cut Off (%ile)
Indian Institute of Management (IIM), Ahmedabad	90
Indian Institute of Management (IIM), Bangalore	99
Indian Institute of Management (IIM), Calcutta	99
Indian Institute of Management (IIM), Lucknow	97
Indian Institute of Management (IIM), Indore	97

MAT Cut Off

Management Aptitude Test (MAT) is a national-level exam conducted by the All India Management Association (AIMA) for admission to MBA/PGDM courses. Listed below is the MAT cut-off for some of the top management colleges in India:

Name of the Colleges	MAT Cut Off (%ile)
Jagan Institute of Management Studies (JIMS), Delhi	63
SRM University, Chennai	67
Kalinga Institute of Industrial Technology, Bhubaneswar	80
Alliance University, Bangalore	67
Vellore Institute of Technology (VIT), Vellore	80

Scope of Management

Management is a popular and well-known discipline among the students. It provides a vast area of specialisations to choose from, such as marketing management, finance, supply chain, human resource, etc. Many colleges offer management programs as full-time and part-time or through online or distance learning education. Below mentioned is the scope of management:

Management is a job-oriented field that brings out the students’ managerial and leadership skills and provides them with ample opportunities in the industrial world. Students can join top public or private firms that offer high career opportunities and good salary packages.
After completing BBA, BMS, MBA, students are hired by the government and private companies on different job profiles such as Marketing Manager, Business Consultant, Account Manager, Marketing and Sales Executive, etc.
Many students also prefer to pursue the doctoral degree program or PhD provided by various universities in India or abroad after completing their PGDM/MBA.

Management Placements

Top management colleges in India offer good placement opportunities to students every year.

As per PayScale, the average entry-level package for management students in India is 3-4 LPA. Average CTCs offered by top management colleges in India range from 12-20 LPA.

Top Management Recruiters

Listed below are some of the recruiters from the top management colleges in India:

Amazon	Gartner	Morgan Stanley
Barclays Capital	CISCO	Bain & Company
Boston Consulting Group	Google	TCS

Average CTCs offered in Top Management Colleges in India

Below mentioned are the average salaries offered in various top management colleges in India:

Name of the Colleges	Average CTCs offered
Indian Institute of Management (IIM), Ahmedabad	33 LPA
Indian Institute of Management (IIM), Calcutta	27.9 LPA
Indian Institute of Management (IIM), Bangalore	26.18 LPA
Faculty of Management Studies (FMS), Delhi	25.6 LPA
Management Development Institute (MDI), Gurugram	22.05 LPA
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai	18.33 LPA
Xavier Labour Relations Institute (XLRI), Jamshedpur	15 LPA

FAQs

Q. Which management colleges are best in India?

A. IIM Ahmedabad, IIM Calcutta, IIM Bangalore are some of the top public management colleges in India. Apart from these, the best private management institutes are NMIMS Mumbai, XLRI Jamshedpur, SPJIMR Mumbai, etc.

Q. How many management colleges are there in India?

A. There are around 6231 management colleges in India that offer UG, PG, and PhD level courses in various specialisations like finance, marketing, operations, etc.