Top 10 Private MBA Colleges in India 2023 – Courses, Fees, Admission and Facilities

Top Private MBA Colleges in India

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India’s top-ranked individual MBA Colleges are the best infrastructure and educational institutes, the latest MBA provides popular courses, and special features, practical training, foreign exchange programmes and campus establishments. However, this top rank individual MBA. College curriculum fees are on the higher side, but investment gains (ROIs) are good. 

There are over 2500 private MBA colleges in India. Some of these private MBA colleges are well established and equivalent to IIMs. The top private MBA colleges in India include XLRI Xavier School of Management (Jamshedpur), Management Development Institute (MDI Gurgaon), National Institute of Industrial Engineering (NITI Mumbai), SP. Jain Institute of Management and Research – SPJIMR (Mumbai), Symbiosis Institute of Business Management (SIBM Pune),Great Lakes Institute of Management (Chennai), NMIMS School of Business Management (Mumbai), ICFAI Business School – IBS (Hyderabad), TA. Pie Management Institute – TAPMI (Manipal), International Institute of Management (IMI Delhi), etc. Read below about MBA rankings and best private MBA colleges in India.

Top 10 Private MBA Colleges in India: Highlights

Two-year MBA programme is a gateway managerial job role in various sectors and entrepreneurial opportunities. Full-time MBA program helps to learn all the essential skills and techniques to run and operate a business including investment, finance, activities, sales, marketing, supply chain and administration.

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Students from any background, including science, commerce, and humanity, can opt for MBA. Full-time MBA is the most popular of all, and includes theory classes, practical projects, and internships. All top private MBA Colleges in India is a full-time MBA which offers programs with various features.

India’s top ranked private MBA Colleges: Eligibility Criteria:

1. Eligibility criteria for MBA courses is graduation, although minimum marks requirement may vary due to speciality.

2. Candidates should have graduated from a recognized university in any discipline or equivalent discipline.

3. AICE in most of the companies according to the minimum marks criteria followed in graduation i.e. 50% total or equivalent and five percent relaxation to students of reserved category

4. Professional degree holders such as MBBS/CA/CS/ICWAI etc. can also opt for MBA.

Job role offered after completing MBA

With the growing demand for MBA, students can get excellent opportunities both in the public and private sectors. MBA graduates can start their own business or work as an entrepreneur to implement their education in the real world or start a school/institution. Job seekers can be employed under the profile listed below:

• Operation Manager
• Product Manager
• Finance Manager
• Sales Manager
• Marketing Manager
• Human Resources Manager
• Data Analytics Manager
• Digital Marketing Manager
• Ad Sales Manager

Top Private MBA Colleges in India

India’s top private MBA Colleges ranked by NIRF. Check the list below for average admission deduction of colleges.

1. XLRI – Xavier School of Management (No 1 top Private MBA Colleges in India)

XLRI – Xavier School of Management (XLRI or formerly Xavier Labour Reliance Institute) is a private business school run by the Society of Jesus (Jesuit) in Jamshedpur, Jharkhand, India. It was founded in 1949 in the steel city of Jamshedpur as India’s oldest business school. XLRI Xavier School of Management is one of the top private MBA Colleges in India.

XLRI – Jamshedpur Admission 2022

XLRAI Jamshedpur offers full-time management programme, as well as part-time and virtual interactive learning (VIL) courses for working officers. It provides a full-time, residential doctoral fellow program (FPM) in management. For XLRO Jamshedpur Admission 2022, Candidates can get XAT. Must pass. The courses as well as their selection criteria and XLRO Jamshedpur fee are listed below: 

XLRI Xavier School of Management Scholarship 

Scholarship 1

Some scholarships are available to students based on their performance and/or requirements. Need based scholarships too available to students from economically disadvantaged families. The list of scholarships offered last year is as follows:

• Scholarship Name – Aditya Birla Scholarship

• Programme – HRM-2, BM-2, HRM-1, BM-1

• Type – Eligibility and selection as per company conditions

• No – Two

• Amount of each scholarship – Rs. 1, 75,000/- per annum

Scholarship 2

• Scholarship Name – Pirozza Godrej

• Programme – HRM-1, BM-1

• Type – Merit-cum-Necessity

• No – One

• Amount of each scholarship – Rs. 25,000

Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Hospital / Medical Facilities
• Wi-Fi Campus
• Auditorium
• Music Room
• A/C Classrooms
• Convenience Store
• Labs

Also Read: Top 10 MBA Colleges in Hyderabad

2. Management Development Institute (MDI) Gurgaon (Private MBA Colleges in India)

Management Development Institute (MDI) is the private business college in India. Management Development Institute (MDI) was founded by the Industrial Finance Corporation of India in 1973. The college is located in Gurgaon, a commercial hub near The Capital of India, New Delhi. MDI Gurgaon is India’s leading management education programme institute. Located at the centre of corporate hub Gurugram, the MDI will transform you into a thoughtful leader. The MDI programmes are about leadership, new thinking and positive impact. Studying in MDI means being in a talented and collaborative community. It builds a lifelong network. MDI welcomes diversity and encourages the development of a global mind-set. MDI was ranked fifth by Business Today’s India’s Best B-Schools 2019, 10th among management schools in India by the National Institutional Ranking Framework (NIRF) in 2020, 3rd in India by Outlook India’s Top 150 Private MBA Institutions of 2020. MDI is one of the top Private MBA Institutions in India.

Management Development Institute (MDI) Gurgaon Admission 2022 

Management Development Institute provides a list of courses like PGDM, PGDM-HRM, PGPM-IB, PGDM-BM, PGDM Executive, PGDM-PPM and FPM programmes. MDI Admission 2022 is based on the valid marks of the candidate in the qualifying test for the respective course. The selection of candidates for PGPM, PGP-HRM, PGP- IM is on the basis of CAT/GMAT number, followed by GD&PI round. MDI courses and their selection criteria and fee is given below:

Management Development Institute (MDI) Gurgaon Scholarship

1. MDI offers merit – cum means Scholarship scheme for the meritorious students to pursue PGDM courses at MDI Gurgaon belonging to economically weaker sections of the society (EWS). It provides total number of 10 merit cum means scholarships (50% waiver of tution fees) every year to the students pursuing two-year full time PGDM/PGDM-HRM/PGDM-IB at MDI Gurgaon.

2. O.P. Jindal scholarships of INR 1,50,000 for second year students.

3. At the end of the second year, MDI awards five merit scholarships of INR 10,000 each to the top five students.

4. Poonam Gyanchandani Memorial Scholarship to be awarded by RSPL Welfare Fund Rs 5.00 Lacs each to 7 students of PGDM on the basis of Merit cum Means.

International Scholarships

MDI offers several international scholarships for MDI students.

Infrastructure/Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Hospital / Medical Facilities
• Wi-Fi Campus
• Shuttle Service
• Auditorium
• Music Room
• Dance Room
• A/C Classrooms
• Convenience Store
• Labs

3. National Institute of Industrial Engineering (NITIE)

Established in 1963, the National Institute of Industrial Engineering (also known as NITIE) is a government management firm based in Mumbai, Maharashtra. It has been ranked 12^th under the ‘Management’ category by NIRF 2021. Currently, NITIE Mumbai offers a total of seven degrees and certification courses in business and management. In addition, the institute has also launched its various week-long Management Development Programme (MDP) and single-based programmes (UBP) in various fields of industrial engineering and management. This institute is funded by the Government of India. NITIE offers students postgraduate diploma courses in the fields of industrial engineering and management. Ranking among esteemed institutes such as the IIMs and IITs, NITIE Mumbai has been recognized as a Centre of Excellence in the country. NITIE Mumbai has been ranked 9th in a NIRF Ranking 2022 list of top 10 management colleges in India. Trains over 2000 professionals annually. NITIE works on DLit Pedagogy which means digital, leadership, innovation, technology and industry. The flagship course of Institute Post Graduate Diploma in Industrial Engineering (PGDI) provides special management input to students and is equivalent to two year MBA programme.

NITIE Admission2022

The admission process is completed on NITI entry-based or eligibility basis. Candidates must meet the relevant eligibility criteria to apply to any programme. NITIE along with other details is listed below. A quick overview of the course includes:

NITIE scholarship

NITIE Mumbai offers scholarships under various conditions to enable students to meet the study expenses as given below:

• UCC Ireland Meritorious Scholarship for Indian Student
• Dr Manmohan Singh Scholarship
• L & T Build India Scholarship 
• Capital first MBA Scholarship
• Pre-Matric Scholarship
• 30% Tuition Fee Discount: This fee exemption is for students enrolled in post graduate programmes whose total family income decreased below Rs 2.50 lakh in the last financial year.

Infrastructure/Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Hospital / Medical Facilities
• Wi-Fi Campus
• Auditorium
• Convenience Store
• Labs
• A/C Classrooms
• Shuttle Service

4. SP Jain Institute of Management and Research

S. P. Jain Institute of Management and Research, which is being run by SPJIMR, is known to be a private non-profit post graduate management school located in Mumbai, India. Founded in 1981 under the aegis of Bharatiya Vidya Bhavan, the institute offers several full-time and part-time management programmes. SP Jain Institute of Management and Research has consistently been ranked among the top 10 business colleges in India. It has been ranked among the top Private MBA Colleges in India. This college aspires to be the most innovative and socially responsive management school in Asia. The aim of this institute is to influence practice and promote value-based growth. Many of their innovations in academics have been recognized as rankings by this institute. It recognises the significant contribution of entrepreneurs to the growth of the economy. SPJIMR offers over 15 post graduate, diploma, degree and doctorate programmes with a few courses for family business and working professionals. Some of these courses are also approved by the ASSOCIATION of MBA (AMBA) in the UK.

SPJIMR Admission  2022

SPJIMR Mumbai offers a few courses as well as more than 15 postgraduate, diploma, degree and doctorate programmes for family business and working professionals. Some of these courses are also approved by the ASSOCIATION of MBA (AMBA) in the UK. Some popular S. P. Jain management and research courses include MBA/PGDM, Certificate, PG. Diploma and FPM Programme. Below are all these programs with charges:

SPJIMR scholarship

Financial support will be provided to the candidates for the first four years of the programme. The support details are as follows:

• Course Stage – Rs. 40,000 per month
• 42,000 per month – after passing the qualifying test
• After successful offer defence – Rs 45,000 per month
• Once hardware payment (i.e. laptop, desktop) – Rs. 40,000

Establishment accommodation will be provided on the basis of sharing in hostels or on the basis of single room as per room availability. Rs 10,000 per month will be charged as hostel fee to the scholars who choose the establishment accommodation every year. In addition, utilities and messes will be charged as per the rules of the institute.

In addition, a contingency allowance of Rs 25,000 (for four years) will be provided every year for keeping the cost of research, book expenses, photocopies etc.

Infrastructure/Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Wi-Fi Campus
• Auditorium
• A/C Classrooms
• Convenience Store
• Labs

5. Symbiosis Institute of Business Management, Symbiosis International (SIBM Private MBA Colleges in India)

Symbiosis Institute of Business Management, Pune or SIBM Pune is the component of Symbiosis International University. Established in 1978, the Institute Symbiosis Institute of Business Management offers master’s degree programmes in management, innovation and entrepreneurship and several executive training programs. SIBAM Pune Admission is provided on the basis of candidates’ performance.

SIBM Pune MBA Admission 2022

Candidates applying for MBA at SIBM Pune will have to meet the minimum eligibility criteria. However, admission is done based on the selection criteria. In the following list SIBAM Pune MBA Admission eligibility and selection details are mentioned below:

SIBM Scholarship

Scholarship 1

The institute has offered Late Jayatee Deshmukh Scholarship (for SNAP/Set Women toppers) and the scholarship is applicable only to new students enrolled in the academic year 2021-2022.

Scholarship 2

• Merit Scholarship for IIT Graduates (Joining SIU’s MBA Programme)
• This scholarship is applicable to students (existing) who have received scholarships in the academic year 2020-2021.

Infrastructure/Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Hospital / Medical Facilities
• Wi-Fi Campus
• Auditorium
• Convenience Store
• Labs

6. Great Lakes Institute of Management (GLIM)

The Great Lakes Institute of Management (also known as GLIM in Great Lake Church) is a private business college in India.  The Great Lakes Institute of Management was appointed by Bala V. Founded by Balachandran. The second campus of Great Lakes started functioning in Gurgaon, Delhi NCR in 2011. Great Lakes offers full-time and executive postgraduate programs in management. Great Lakes offers programs in marketing, business, operations, finance, strategy, data science, analytics and cloud computing. These programs are best for professionals who have good knowledge of programming languages. The Great Lakes were recognized by AMBA, one of the three major global recognition bodies.

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The Great Lakes Institute of Management is the first business school in India to offer a one year full-time management programme. It’s One Year Master’s Programme in Management (PGPM) became the first one year full-time management programme recognized by AICE, India’s high technical education regulator, in 2008. 

Great Lakes Institute of Management Chennai Admission 2022

The admission process begins in July and ends by December for most of its programmes. For admission, candidates must meet the minimum eligibility criteria prescribed by the institute and have valid marks in the course-specific entrance test. The following list mentions selection criteria and fees for all courses offered by GLIME Chennai:

Great Lakes Institute of Management Chennai Scholarship 

• Diversity and Eligibility Scholarship:
• Great Lakes provides diversity and eligibility scholarships to PGPM students to encourage commitment to diversity and excellence of perspective.
• A total diversity and eligibility based scholarship of Rs 5 lakh will be provided for PGPM class 2022-23 and a minimum of 30% scholarship will be for women students.
• Candidates will be shortlisted for scholarship based on their application form, essay and interview assessment and there is no separate application process. Selected candidates will be informed about the acceptance of their admission and scholarships through email posts after confirmation of admission to the programme and at least a month before the start of the programme.

Infrastructure/ Facilities 

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Hospital / Medical Facilities
• Wi-Fi Campus
• Auditorium
• A/C Classrooms
• Convenience Store
• Labs

7. NMIMS School of Business Management (Mumbai)

NMIMS is a private deemed to be university located in Mumbai. The university has campuses in Shirpur, Bangalore, Hyderabad, Indore and Navi Mumbai and two upcoming campuses in Dhule and Chandigarh. It has 17 component schools offering both undergraduate and postgraduate courses in management, engineering, commerce, pharmacy, architecture, economics, mathematical science, hospitality, science, law, aviation, liberal arts, performing arts, architecture and design. It has been recognized by THE NAC with 3.59 CGPA and Grade A+, NMIMS was also awarded class 1 university status by MHRD.

NMIMS Mumbai Admission 2022 

NMIMS Mumbai provides regular, distance and part-time UG, PG, doctorate and certification programmes of various forms of management, engineering, law, science, design, architecture and commerce. Admission to NMIMS is entry-based in most courses, and the three most popular tests conducted by NMIMS include NMAT, Npat. And NMIMS Research Skill Test (RAT). For admission details as per the complete syllabus, check on the list below: 

NMIMS Mumbai Scholarship

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Scholarship 1

• Central Sector Scheme of Scholarships for college and university students.
• The Central Sector Scheme of Scholarships for College and University students provides financial support to economically weaker students from general, Scheduled Castes, Tribal communities and physically challenged students.
• The scholarship rate is Rs.1000/- per month at graduation level for the first three years and Rs.2000/- per month at post graduate level.

Scholarship 2

Students pursuing professional courses will get Rs 2000/- per month in 4^th and 5^th years. The scholarship is paid for 10 months in an academic year.

Infrastructure/Facilities

• Moot Court (Law)
• Design Studio
• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Wi-Fi Campus
• Shuttle Service
• Auditorium
• A/C Classrooms
• Labs

8. ICFAI Business School – IBS (Hyderabad)

ICFAI Business School Hyderabad is a business school in India. It was founded in 1995 and is located at Dontanapalli on Shankarpalli Road in Hyderabad. IBS Hyderabad is UGC ICFAI as per Act 1956 The Foundation for Higher Education (IFHE), an element of a deemed-to-be-university. IBS Hyderabad recognized by association to advance collegiate schools of business (AACSB) in 2020.

ICFAI Business School – IBS Admission 2022

IBS Hyderabad Admission 2022 is currently underway for PhD and MBA programmes. For the remaining UG and PG courses, however, admissions are expected to start in July and March 2022 respectively. Besides flagship MBA, IBS Hyderabad has a wide range of UGs, PG in terms of management and economy. And offers doctorate level courses. All courses offered by IBS Hyderabad are offered through its academic group which are organised in five departments, such as Finance and Accounting, Operations and IT, Marketing and Strategy, Economy and Human Resources and Soft Skills.

Admission to all UG and PG courses for IBS Hyderabad 2022 session is underway 2022. In addition, IBS has IBSAT. Released schedule for 2021 which is all IBS MBA on campus 2022 will be held for admission to the base. See the details in the following list:

IBS Hyderabad Scholarship

IBS Hyderabad offers scholarships through its original Deemed-University, IFHE. It offers MBA scholarship of Rs 4 lakh to top 100 candidates from each category of IBSAT, CAT, NMAT by gmc tm, xat, gmat exam marks. The list of minimum cut off numbers required to be eligible for this is given below:

The last date to apply for scholarship was January 31, 2022. It provides merit scholarships to students enrolled in UGC courses on the basis of semester-wise performance during their academic record and programme in Class XII.

Infrastructure/Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Wi-Fi Campus
• Shuttle Service
• Auditorium
• Labs

9. T.A. Pie Management Institute – TAPMI (Manipal)

The TA Pi Management Institute (TAPMI) is a private autonomous business school in India. It was established in 1980 and is located in Manipal University city of Karnataka. It is the fifth management institute in India with dual recognition from advance collegiate school of business (AACSB) and association of MBA (AMBA).

TAPMI Admission2022

TAPMI Application Form 2022 for MBA is available online on the official website of the institute from 15^th November, 2021. All TAP MI courses as well as their selection and fees are listed below:

TAPMI scholarship

For aspiring students, TAPMI offers scholarships up to Rs 2.9 crore. Under the Dr. Ramdas Pai Merit Scholarship Scheme, about 50 students can get scholarships worth Rs 2.4 crore.   

Infrastructure/Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Hospital / Medical Facilities
• Wi-Fi Campus
• Auditorium
• A/C Classrooms
• Convenience Store
• Labs

10. International Institute of Management (IMI Delhi Private MBA Colleges in India) 

International Institute of Management, New Delhi, known as IMI is a private business school located in New Delhi, India.  Established in 1981, IMI was India’s first corporate sponsored business school. Sanjiv Goenka, Chairman of the RP-Sanjeev Goenka group is the Chairman of the IMI Governing Committee.

IMI Delhi Admission 2022 

International Institute of Management Admission 2022 is open for executive PGDM and FPM courses. Candidates can apply online for executive PGDM on the official website of the institute.

Admission of IMI Delhi is entry-based. The company offers five courses at PG and doctoral level, including PGDM, Executive PGDM, FPM etc. IMI Delhi accepts national level entrance exam marks for grant of admission. In addition, the institute has an online MDP for students. Also conducts the program. By December 30, 2021, the company had achieved a placement rate of 100%. The highest and average packages for PGDM courses were Rs 32 LPA and 15.23 LPA respectively. In addition, the students also seized five international offers. 

Check below the exam date for admission to IMI Delhi:

IMI Delhi Scholarship

IMI offers various scholarship schemes and fee waiver schemes to students pursuing any course from IMI Delhi. The list mentioned below is IMI Reflects on the courses-wise scholarships offered by Delhi:

Infrastructure/Facilities

• Library
• Cafeteria
• Hostel
• Sports Complex
• Gym
• Hospital / Medical Facilities
• Wi-Fi Campus
• Shuttle Service
• Auditorium
• A/C Classrooms
• Labs

FAQ 

1. Is there an entrance exam for top private MBA colleges in India?

Ans: Top private MBA colleges in India have conducted a variety of national and state level MBA entrance examinations such as CAT, XAT, GMAT, CMAT, MAT, NMAT, ATMA, AMA. Accepts  CET etc.

2. Is hostel facility available for students in SIBM Pune?

Ans: Yes, SIBAM Pune offers hostel facilities for its residential students.

3. Is SPJIMR a private company?

Ans: Yes, S.P. Jain Institute of Management and Research (SPJIMR) is one of the top private management colleges which was founded in 1981.

4. When was National Institute of Industrial Engineering (NITIE) established?

Ans: National Institute of Industrial Engineering (also known as NITIE) established in 1963.

5. Does MBA require maths?

Ans: All MBA Programs, and businesses generally require certain sums, especially on quantitative issues such as accounting, economy and finance. In this mathematics course, you will learn the basic business mathematics skills you need to succeed in your MBA studies and business.

Other Top Private MBA colleges in India:

• VGSoM Kharagpur, Kharagpur ,West Bengal
• SCMHRD, Pune
•  Hyderabad, Hyderabad
• KSOM Bhubaneswar, Bhubaneswar
• We School Mumbai, Mumbai
• IIFT, New Delhi
• LIBA Chennai
• PSG College of Technology , Tamilnadu
•  Fore School of Management, New Delhi 
• Goa Institute of Management, North Goa 

Dev Kirtonia

Hi, I’m Dev Kirtonia, Founder & CEO of Dev Library. A website that provides all SCERT, NCERT 3 to 12, and BA, B.com, B.Sc, and Computer Science with Post Graduate Notes & Suggestions, Novel, eBooks, Biography, Quotes, Study Materials, and more.