When it comes to MBA in India, CAT and IIMs becomes extremely synonymous with each other. While there is no doubt on the prestige of the IIMs and the craze for it, it is also important to know other top B-Schools. There are multiple private institutions like ISB Hyderabad, XLRI Jamshedpur, SPJIMR Mumbai, to name a few that are doing amazing. This article is there to highlight such top rated B-schools in India. Along with the rating, the article will also highlight other statistics like placements, batch size and exam accepted in these B-Schools.
Top Rated B Schools Overview
| Colleges | Exams Accepted | Fees | Average Packages | Batch Size | Highest Package |
| IIM Ahmedabad | CAT | 25 lakh | 34.36 LPA | 455 | 1.15 CPA |
| IIM Bangalore | CAT | 24.5 lakh | 35.31 LPA | 512 | 80 LPA |
| IIM Calcutta | CAT | 31 lakh | 35.07 LPA | 462 | 1.2 CPA |
| ISB Hyderabad | GMAT | 41.8 lakh | 34.08 LPA | 873 | – |
| IIM Lucknow | CAT | 20.7 lakh | 32.20 LPA | 571 | 1.23 CPA |
| SPJIMR Mumbai | CAT, GMAT | 24 lakhs | 33 LPA | 360 | 74 LPA |
| XLRI Jamshedpur | XAT | 27 lakhs | 29.89 LPA | 420 | 75 LPA |
| FMS Delhi | CAT | 2 lakh | 34.20 LPA | 273 | 1.2 CPA |
| XLRI Delhi | XAT | 27 lakhs | 29.89 LPA | 180 | 75 LPA |
| IIM Kozhikode | CAT | 22.5 lakh | 29.23 LPA | 483 | 67.02 LPA |
| MDI Gurugram | CAT | 25 lakhs | 27.67 LPA | 600 | 63.3 LPA |
| IIM Mumbai | CAT | 22 lakhs | 29.06 LPA | 660 | 54 LPA |
| TISS Mumbai(HRM & LR) | CAT | 2.43 lakh | 27.22 LPA | 80 | 49 LPA |
| IIFT Delhi | CAT | 21.77 lakh | 29.10 LPA | 400 | 76.5 LPA |
| IIM Indore | CAT | 25 lakh | 25.01 LPA | 578 | 1 CPA |
| JBIMS Mumbai | CAT, CMAT, GMAT, MAT, MAHCET | 6 lakhs | 28.02 LPA | 150 | 35.75 LPA |
| SJMSOM (IITB) | CAT | 14 lakhs | 28.88 LPA | 115 | 72 LPA |
| DMS (IITD) | CAT | 11.2 lakh | 25.82 LPA | 118 | 41.30 LPA |
| IIFT Kolkata | CAT | 21 lakh | 29.10 LPA | 140 | 85.4 LPA |
| IIM Shillong | CAT | 17.5 lakh | 26.96 LPA | 238 | 71.30 LPA |
| SIBM Pune | SNAP | 22.20 lakh | 28.16 LPA | 200 | 49 LPA |
| NMIMS Mumbai | NMAT | 23.90 lakh | 26.63 LPA | 650 | 67.80 LPA |
| SCMHRD Pune | SNAP | 23.90 lakh | 24.28 LPA | 180 | 38 LPA |
| IIM Udaipur | CAT | 12.4 lakh | 20.03 LPA | 368 | 43.76 LPA |
| IIM Raipur | CAT | 18 lakh | 21.04 LPA | 328 | 43.43 LPA |
| IIM Trichy | CAT | 19.5 lakh | 20.55 LPA | 350 | 41.61 LPA |
1. IIM Ahmedabad
Without a second thought, IIM Ahmedabad has been consistently ranked as the best B-School of the country. Started back in 1961, IIM A still holds its prestige and provide world-class education. It offers MBA, Executive MBA and PhD amongst many others and have continued to be at the forefront of these programs.
- Exams Accepted: CAT
- Fees: ₹25 lakh
- Average Package: ₹34.36 LPA
- Batch Size: 455
- Highest Package: ₹1.15 CPA
2. IIM Bangalore
With its strategic location in India’s tech capital, the B-school enjoys strong industry connect, making a career-ready path for its graduates. IIM B is majorly known for its relative chiller academic rigour and vibrant campus life. It is known to be the second best IIM in the country and also offers MBA in the growing field of Business Analytics.
- Exams Accepted: CAT
- Fees: ₹24.5 lakh
- Average Package: ₹35.31 LPA
- Batch Size: 512
- Highest Package: ₹80 LPA
3. IIM Calcutta
Renowned for its excellence in the field of finance, IIM Calcutta stands as one of the top choices for students. The most famously known as, Joka campus is a unique blend of academic rigour, peer learning, and overall development. IIM C, along with Ahmedabad and Bangalore, forms the holy trinity that students chase for. This makes IIM Calcutta one of the most sought-after and top Rated B-Schools in India.
- Exams Accepted: CAT
- Fees: ₹31 lakh
- Average Package: ₹35.07 LPA
- Batch Size: 462
- Highest Package: ₹1.2 CPA
4. ISB Hyderabad
The Indian School of Business (ISB) offers the highly curated one-year flagship PGP program. From the past couple of years, it has ended its arms and have opened its next campus in Mohali. They accept GMAT scores and evaluate your profile thoroughly for getting an admit. From this year onward, they have also come up with a 2-year program for freshers and candidates with less than 3 years of work experience.
- Exams Accepted: GMAT
- Fees: ₹41.8 lakh
- Average Package: ₹34.08 LPA
- Batch Size: 873
- Highest Package: Not disclosed
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5. IIM Lucknow
IIM Lucknow is truly known for its academic rigour which is something that sets this college apart from its counterparts. While the flagship course continues to be the PGP, but it also has 2 other courses. First one being in the field of Agri-Business Management and the other in Sustainability Management. IIM Lucknow is considered as the 4th best IIM in the country and is highly valued for its placement opportunities.
- Exams Accepted: CAT
- Fees: ₹20.7 lakh
- Average Package: ₹32.20 LPA
- Batch Size: 571
- Highest Package: ₹1.23 CPA
6. SPJIMR Mumbai
SPJIMR offers a very unique MBA experience through its value-based leadership. The global exposure and personalized learning paths are truly unmatched and are something that they boast of. Known for its strong focus on ethics and social sensitivity, the institute produces well-rounded leaders who contribute meaningfully to society. It offers PGDM in four specialisations – Finance, Marketing, Operations and IT. Additionally, they have also started PGDM – BM in 2023 and have combined placements for both the cohorts.
- Exams Accepted: CAT, GMAT
- Fees: ₹24 lakh
- Average Package: ₹33 LPA
- Batch Size: 360
- Highest Package: ₹74 LPA
7. XLRI Jamshedpur
India’s oldest B-school, XLRI is a pioneer in HR and general management business education. The focus on ethics and sustainability is something that is deeply woven into its pedagogy. XLRI has two flagship programs, PGDM – BM and PGDM – HRM. They also provide executive MBA and PhD for interested candidates. Due to its legacy, it is one of the top Rated B-Schools in India.
- Exams Accepted: XAT
- Fees: ₹27 lakh
- Average Package: ₹29.89 LPA
- Batch Size: 420
- Highest Package: ₹75 LPA
8. FMS Delhi
Known for its incredible ROI, FMS Delhi offers a top-tier MBA experience at a fraction of the usual cost of an MBA. Due to a smaller batch size compared to old IIMs, the selection process is often considered to be even tougher.
- Exams Accepted: CAT
- Fees: ₹2 lakh
- Average Package: ₹34.20 LPA
- Batch Size: 273
- Highest Package: ₹1.2 CPA
9. XLRI Delhi
It is true that the Delhi campus of XLRI brings the same legacy and rigor as its Jamshedpur counterpart. As of now, Delhi campus has only the BM program and awaits the HRM program. Due to a smaller batch size, Delhi is set in the right direction of growth. Also, do note that the placements for both the campuses are common and are truly unbiased.
- Exams Accepted: XAT
- Fees: ₹27 lakh
- Average Package: ₹29.89 LPA
- Batch Size: 180
- Highest Package: ₹75 LPA
10. IIM Kozhikode
Located amidst the lush hills of Kerala, IIM Kozhikode boasts its scenic campus providing top-tier education. Started back in 1996, it has grown into a top B-school, driven by a solid placement record, gender diversity, and academic excellence. The college provides three flagship programs, PGP, PGP – Finance and PGP – LSM. They also have executive MBA which is known as PGP – Business Leadership (BL).
- Exams Accepted: CAT
- Fees: ₹22.5 lakh
- Average Package: ₹29.23 LPA
- Batch Size: 483
- Highest Package: ₹67.02 LPA
11. MDI Gurugram
Strategically located near all the major corporate hubs, MDI is known for its industry-aligned programs and other leadership development initiatives. MDI Gurgaon has three flagship programs – PGP, PGP – HRM and PGP – IB. The IB program is a unique blend of spending a year at MDI and the other one in Europe with their partner universities.
- Exams Accepted: CAT
- Fees: ₹25 lakh
- Average Package: ₹27.67 LPA
- Batch Size: 600
- Highest Package: ₹63.3 LPA
12. IIM Mumbai (formerly NITIE)
Newly rebranded as IIM Mumbai, the institution has long been respected for the fields of operations and supply chain management. As of now IIM Mumbai offers 3 programs under their flagship MBA courses. They are core MBA, MBA in Operations & Supply Chain Management and MBA in Sustainability Management. Other than that IIM Mumbai also has multiple corporate programs and PhD offerings. This makes IIM Mumbai one of the top Rated B-Schools in India amongst the crowd.
- Exams Accepted: CAT
- Fees: ₹22 lakh
- Average Package: ₹29.06 LPA
- Batch Size: 660
- Highest Package: ₹54 LPA
13. TISS Mumbai (HRM & LR)
The HRM & LR program at TISS is highly valued for its unique mix of social sciences and business education. Undoubtedly, TISS is considered as the second-best institute in the country for HRM after XLRI Jamshedpur. What sets apart TISS from other colleges is their affordable fee structure yet a strong placement record. A smaller batch size of around 80 further helps the students to secure roles of their choice.
- Exams Accepted: CAT
- Fees: ₹2.43 lakh
- Average Package: ₹27.22 LPA
- Batch Size: 80
- Highest Package: ₹49 LPA
14. IIFT Delhi
IIFT Delhi is known to specialize in international business and trade. With a curriculum specially tailored for the global economy, it helps students get equip with cross-border managerial skills. IIFT is a place if you want to specialize in the fields of Finance and Economics. A lot of consulting companies also visit the institute for their highly coveted roles.
- Exams Accepted: CAT
- Fees: ₹21.77 lakh
- Average Package: ₹29.10 LPA
- Batch Size: 400
- Highest Package: ₹76.5 LPA
15. JBIMS Mumbai
Often referred to as the “CEO Factory,” JBIMS is known for its strong alumni network and strategic location in the financial capital – Mumbai. JBIMS is known to specialise in the field of Finance. What sets it apart from its counterparts is its affordable fee structure and a relatively smaller batch size. This makes JBIMS one of the top Rated B-Schools in India and a preferred choice amongst aspirants.
- Exams Accepted: CAT, CMAT, GMAT, MAT, MAHCET
- Fees: ₹6 lakh
- Average Package: ₹28.02 LPA
- Batch Size: 150
- Highest Package: ₹35.75 LPA
16. SJMSOM (IIT Bombay)
IIT Bombay is yet another B-Schools situated in Mumbai offering world-class education. Do not get confused with it being an engineering institute as SJMSOM easily comes in top 20 colleges in India. It gives you another chance to study at an IIT and provides the same exposure and career opportunities like any other top institute. A smaller batch size further helps the cohort secure good roles and opportunities.
- Exams Accepted: CAT
- Fees: ₹14 lakh
- Average Package: ₹28.88 LPA
- Batch Size: 115
- Highest Package: ₹72 LPA
17. DMS (IIT Delhi)
The Department of Management Studies at IIT Delhi is known for its strong focus on analytics, technology management, and innovation. IIT Delhi offers two programs in Management – one is core MBA and the other one in Telecommunication Systems Management. It is yet another IIT after Bombay offering MBA and should be in your consideration list. This makes IIT Delhi one of the top Rated B-Schools in India among the IITs.
- Exams Accepted: CAT
- Fees: ₹11.2 lakh
- Average Package: ₹25.82 LPA
- Batch Size: 118
- Highest Package: ₹41.30 LPA
18. IIFT Kolkata
A sister campus of IIFT Delhi, IIFT Kolkata provides the same prestigious International Business program offering ample career opportunities. Earlier, the placements were combined with IIFT Delhi and used to happen at the same time. However, from this year onwards, the institute has planned to separate their placements, focusing on respective campuses only.
- Exams Accepted: CAT
- Fees: ₹21 lakh
- Average Package: ₹29.10 LPA
- Batch Size: 140
- Highest Package: ₹85.4 LPA
19. IIM Shillong
IIM Shillong is known not for its serene campus in the Northeast. Situated in the hills, this institute offers world-class education and have a focus on ethics and sustainability. Despite its relatively newer establishment, it is often considered in the league of older IIMs.
- Exams Accepted: CAT
- Fees: ₹17.5 lakh
- Average Package: ₹26.96 LPA
- Batch Size: 238
- Highest Package: ₹71.30 LPA
20. SIBM Pune
It is one of the flagship institutions under the Symbiosis International University. SIBM Pune has its long withstanding history in the field of management. SIBM Pune offers specialisations in Finance, Marketing, HR and Operations and students can freely opt for them basis their interest. It is the top choice for all the SNAP takers. This makes SIBM Pune one of the top Rated B-Schools in India.
- Exams Accepted: SNAP
- Fees: ₹22.20 lakh
- Average Package: ₹28.16 LPA
- Batch Size: 200
- Highest Package: ₹49 LPA
21. NMIMS Mumbai
NMIMS is one of the top-tier private universities when it comes to MBA. They have campuses all across the country, but the main campus remains to be Mumbai. They have their own entrance exam and known to have a rigorous selection process for the students. A larger batch size seems to be a concern for many but NMIMS have been able to place all of their students every year.
- Exams Accepted: NMAT
- Fees: ₹23.90 lakh
- Average Package: ₹26.63 LPA
- Batch Size: 650
- Highest Package: ₹67.80 LPA
22. SCMHRD Pune
SCMHRD focuses on business leadership, HR, and analytics. It is the second best institute to opt for through SNAP. Though it is known for HR but they do offer other specialisations as well like Operations or Marketing.
- Exams Accepted: SNAP
- Fees: ₹23.90 lakh
- Average Package: ₹24.28 LPA
- Batch Size: 180
- Highest Package: ₹38 LPA
23. IIM Udaipur
IIM Udaipur may be young compared to older IIMs, but it is already marking its foortprints in the fields academics and industry connects. It is AACSB-accredited and rapidly climbing in global rankings as well. It is the oldest second-generation IIM and is known for its marketing roles and offerings. They also have executive MBAs that come with placement assistance.
- Exams Accepted: CAT
- Fees: ₹12.4 lakh
- Average Package: ₹20.03 LPA
- Batch Size: 368
- Highest Package: ₹43.76 LPA
24. IIM Raipur
IIM Raipur also comes under the category of “New IIMs” but is doing extremely well when it comes to academics and placements. It is one of the MBA colleges in India to have a female-dominated cohort, making it an extremely diverse batch. This makes IIM Raipur one of the top Rated B-Schools in India under the CAP IIMs.
- Exams Accepted: CAT
- Fees: ₹18 lakh
- Average Package: ₹21.04 LPA
- Batch Size: 328
- Highest Package: ₹43.43 LPA
25. IIM Trichy
IIM Trichy is known as the Finance campus among the New IIMs. However, PGP – HRM is also one of the courses that IIM Trichy offers, and the placements are also guided. It is one of the fastest growing IIMs in the country and should be in your preferred list under the CAP selection process.
- Exams Accepted: CAT
- Fees: ₹19.5 lakh
- Average Package: ₹20.55 LPA
- Batch Size: 350
- Highest Package: ₹41.61 LPA
