Top 10 Business Schools in India

These colleges will be best for the students because they have the best fee structure, Infrastructure, experienced faculties, good placement and most importantly they provide the best education to their students. Attending private business schools can be quite expensive, so students need to manage their finances carefully if they aim to enroll in a reputable private institution for their MBA. Many private colleges recognize national entrance exams such as CAT, GMAT, and others, while a few also have their own entrance tests. Here is the list for the Top Business schools in India:

Top 10 Business Schools in India Highlights

These colleges have the pride of place among the top 10 Business schools in India according to the IIRF latest ranking in 2025.

IIM Ahmedabad

IIM Ahmedabad was established in December 1961 and this is situated across 102 acres in Vastrapur, Ahmedabad. The institute's founding director is Ravi J. Matthai.

Eligibility Criteria:

• Applicants my hold at least a bachelor's degree/CA/CS/ICWA or equivalent in any discipline with at least 50% aggregate marks or equivalent CGPA From any recognized university (Students with minimum 15 years of study as per the education system in India, i.e. 10 + 2 + 3 or 4 as the case may be eligible)

• If you are a working professional then you will be required to provide a 3 year experience letter after completion of your graduation, as on 31 March 2025
  

Admission Criteria:

• Students must clear IIMA admission test

• Applicants should provide valid CAT test scores

• The cut-off date for five year validity for the test/s shall be March 10, 2025

• For final selection students will be invited for the interview

Reservation:

• As per Government of India requirement, 27% of the seats are reserved for NC-OBC, 15% for SC, 7.5% for ST candidates, 5% for Persons with Benchmark Disabilities (PwD), and up to 10% for Economically Weaker Sections (EWS).

Fee structure:

• The Programme Fee for the 2025-26 PGPX Batch is approximately INR 34.15 lakhs to 36.20 Rs/year

Important Dates for the application

IIM Calcutta

The Indian Institute of Management Calcutta (IIMC) was founded as the national institute for postgraduate education and research in management by the Government of India in November 1961, in partnership with Alfred P. Sloan School of Management (MIT), the Government of West Bengal, The Ford Foundation, and the Indian industry.

Eligibility Criteria:

• A bachelor's degree (at least 10+2+3 years of formal education) or its equivalent in any field is required.  

• A minimum of 5 years of full-time managerial or professional experience post-qualification is necessary as of March 31, 2025.  

• A valid GMAT score must be provided, taken within the last 36 months from the date of application

Admission Criteria:

• Educational qualifications  

• Work history (Experience) 

• GMAT results  

• Personal interviews  

• Essays expressing intent (SOP) & 

• References (Letter of recommendation)  

  • It is important to note that the Institute does not rely on a fixed GMAT score. A comprehensive assessment is conducted considering all these elements for candidate selection for admission.

Reservation:

• As per the provisions of The Rights of Persons with Disabilities Act, 2016 (RPwD Act 2016), 5% seats are reserved for Persons with Benchmark Disabilities (PwD). “Person with Benchmark Disability” means a person with not less than forty percent (40%) of a specified disability (For MBA)*
  

Application Deadline:

• Application deadline will be released soon for this year 2025.

Fee structure:

• Programme fee for the academic year 2025-26 will be Indian Rupees 33,50,000/- approximately (non-refundable).

• Fees can be submitted in easy installments.

IIM Bangalore

IIM Ahmedabad was the third IIM to be established in the first generation of IIMs after IIM Calcutta and IIM Ahmedabad in 1973. It is situated in Bannerghatta Road, Bengaluru, Karnataka. IIMB has been deemed an institute of excellence by the Government of India for education, training, research, and consulting in the field of management and area of knowledge.

Eligibility Criteria (For PGP MBA):

• Applicants must have a bachelor’s degree in any discipline with a minimum of 50% marks or equivalent Cumulative Grade Point

• Applicants from SC, ST and PwD categories should have a minimum of 45% or equivalent CGPA

• A Common Admission Test should be given by the students and (CAT) score that is valid on the date of application submission

Admission Criteria/ Documents:

• 10th board, 12th board and bachelor’s degree transcripts

• Bachelor’s degree certificate / provisional degree certificate (if applicable)

• Bonafide certificate (for candidates studying in final year)

• Professional degree transcripts (CA/CS/ICWA) (if applicable)

• Professional degree certificate (if applicable)

• Statement of purpose

• Work experience letters, first and last payslips (if applicable)

• SC/ST/NC-OBC/EWS certificate (if applicable)

• Relevant disability certificate and UDID Card for persons with disability (PwD)

Eligibility Criteria (EPGP) (MBA):

• Students should have a bachelor’s degree in any discipline with a minimum of 50% marks or equivalent Cumulative Grade Point.

• Applicants from SC, ST and PwD categories should have a minimum of 45% or equivalent CGPA.

• Students must have a minimum 5 years (and preferably less than 12 years) of work experience as on March 31, 2025, after obtaining a Bachelor's degree.

• GMAT or GRE Score should be valid as on the date of application submission in each round.

Admission Criteria/ Documents:

• SSC, HSC and Bachelor’s degree transcripts

• Bachelor’s degree certificate

• GMAT/GRE scorecard

• Statement of purpose (indicating your achievements and future goals)

• Work experience letters / first and last payslips (indicating the date of joining)

• SC/ST/NC-OBC/EWS certificate, if applicable

• Relevant disability certificate for persons with disability (PwD)
  

Reservations:

• IIMB follows reservation for EWS, NC-OBC, SC, ST and PWD in accordance with the law.
  

Fee structure:

• Annual fee will be approximately 25,00,000/- year.

Application Deadline:

• Admission deadline will be released soon.