Top 10 Business Schools in India 2025 - Rankings | Government MBA College | Private MBA College

These colleges will be best for the students because they have the best fee structure, Infrastructure, experienced faculty, 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 of the Top Business schools in India:

Top 10 Business Schools in India

1. IIM Ahmedabad

IIM Ahmedabad was established in December 1961 and is situated across 102 acres in Vastrapur, Ahmedabad. The institute's founding director is Ravi J. Matthai. It is an autonomous business school that is not affiliated with any university. IIM Ahmedabad is given with status of an institution of national importance by Ministry of Human Resources, Government of India.

Kindly check out IIM Ahmedabad official website for more details.

IIM Ahmedabad 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 of 31 March 2025.

  IIM Ahmedabad Admission Criteria

• Students must clear IIMA admission test

• Applicants should provide valid CAT test scores

• For final selection, students will be invited for an interview

IIM Ahmedabad Reservation

• As per the 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).

IIM Ahmedabad Fee Structure

• The Program Fee for the 2025-26 PGPX Batch is approximately INR 34.15 Lakhs to 36.20 Lakhs/year

IIM Ahmedabad Important Dates

2. 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. Visit IIM Calcutta page to know more.

IIM Calcutta 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

IIM Calcutta 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.

IIM Calcutta 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)*.

IIM Calcutta 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.

3. IIM Bangalore

IIM Ahmedabad was the third IIM to be established in the first generation of IIMs after IIM Calcutta and IIM Lucknow in 1973. It is situated on 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.

Students applying for admission to IIM Bangalore can check the 2025-26 prospectus for more details.

IIM Bangalore PGP MBA Eligibility

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

• 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

IIM Bangalore Documents Required

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

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

• Bonafide certificate (for candidates studying in the 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)

IIM Bangalore 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 of 5 years (and preferably less than 12 years) of work experience as of March 31, 2025, after obtaining a Bachelor's degree.

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

IIM Bangalore Reservation

• IIM Bangalore reservation for EWS, NC-OBC, SC/ST, and PwD is in accordance with the law.

  IIM Bangalore Fee structure

• annual fee structure is approximately 25 Lakhs per year.

4. NMIMS School of Business Management, Mumbai

NMIMS is a deemed university and is considered one of the India's premier business schools located in Mumbai. It was established in the year 1981 by a public charitable education trust. NMINS offers Master's/Diploma in Management studies, Master's programs in marketing management, Human Resource Management, and Finance Management. It is recognized by AICTE, UGC, and has been consistently ranked among top B-schools of India.

NMINS admissions are ongoing for session 2025-26. Interested students can register themselves by filling application forms for INR 2,800. Admissions to MBA program are open till 26th May 2025, and MBA (healthcare management ) is 18th May 2025. also visits NMINS official webportal.

NMIMS Eligibility

• selection will be based on the process of GMAC by NMAT and CDPI.

• Bachelor's degree in any discipline from a recognized university.

• minimum 50% aggregate marks.

• Students with 2 years of industry experience are more preferable.

  NMIMS Documents Required

• 10+2 marksheet or passing certificate

• degree marksheet

• provisional certificate (if degree is not applicable)

• migration certificate

• work experience certificate from previous employer/latest salary slip/bank statement

• medical fitness certificate

• AIU certificate( for those applicants who graduated from overseas universities.

• Eligibility certificate(if required)

NMIMS Reservations

• There is no reservation based on caste or category. Admissions are totally merit-based and based on admissions scores and academic records/performance.

NMIMS Fee Structure

• MBA/MBA HR program: INR 12,50,000

• MBA business analytics: INR 11,00,000

• MBA Pharmaceutical: INR 8 LPA

NMIMS Important Dates

• Phase 2 online registration will close on June 22, 2025.

  5. Management Development Institute (MDI) Gurgaon

  Management Development Institute (MDI) Gurgaon was founded in 1973 as a private business school in India. MDI is renowned for its management education program, like PGDM. Located in Gurugram, Haryana, MDI is accredited by AACSB, AMBA, and SAQS. MDI offers business programs at PG level, like PGDM-business analytics, 2-year full-time PGDM, PGDM-HRM, PGDM-IB, and PGDM-online program.

MDI Gurgaon admission 2025

MDI admissions are open for A.Y. 2025-26. Students can now apply through the registration form uploaded on MDI website. MDI Gurgoan's last date to apply is different for all programs.

Important Dates 2025

• PGDM online program application fee is INR 1000 with last date to apply being 31st May,2025 for 1st round, and 30th June, 2025 for 2nd round. Click on application form to apply.

• PGDM=BM last date to apply is 6th May, 2025, 2025for 2nd round.

• PGDM-PPM last date for accepting online application is 31st July, 2025. MDI Gurgoan Application fee is for INR 3000.

• PGDM-BA application deadline for the 1st round is 10th June 2025, and for the 2nd round is 15th July 2025.

  MDI Gurgaon eligibility criteria

• Must have 50% mark or equivalent CGPA in class 10+2.

• 3 years bachelor's degree with 50% marks in any discipline from an AICTE, AIU, Ministry of HRD, government of India recognized university.

• Shortlisting of students will be done through group discussion, written analysis test, and personal interview.

• selection will be based on valid scores of CAT/MAT/GMAT/CMAT/ATMA/XATexams, academic merit, work experience,

MDI Gurgaon documents required

MDI requires document proofs at the time of admission, including;

• Academic credentials like a 10+2 marksheet

• Bachelores degree

• Master degree certificate

• Entrance exam scorecards

• Work experience certificate

• Identity proofs and address proof

MDI Gurgaon reservation

• MDI Gurgoan doesn't have any reservation criteria. Admissions are strictly based on merit, entrance exam scorecards, PI, GD, and work experience.

  MDI Gurgaon fee structure

• MDI Gurgoan PGDM/PGDM-HRM, PGDM-Business Analytics grand total for 2 years is INR 24,99,400.

MDI gurgoan PGDM-PPM total fee is INR 1,248,884.

Students who want to know more about business schools/universities in India can also read top MBA colleges in Delhi.

6. SP Jain Institute of  Management and Research, Mumbai 

SP Jain Institute of  Management and Research, Mumbai, is a private postgraduate management institute established in 1981. SPJIMR is a constituent college of Bharatiya Vidya Bhavan, which is an educational trust founded in 1938. It is accredited by AICTE, NBA, the Association of MBAs(AMBA), AACSB, etc. As per the 2025 NIRF ranking, it stood in 20th place in the management category. SPJIMR PGDM is a 2-year program approved by AICTE and accredited by NBA/AMBA. It also offers PG programs like GMP, PGDM-BM, PGPM in full-time mode.

Admissions are open at SPJIMR for PG courses 2025. Processing fee for all PG courses is INR 2000. apply by 30th May, 2025. Classes will commence from June 2025.

For more students is advised to visit the SPJIMR official portal.

SPJIMR eligibility criteria

• Admission to SPJIMR for PGDM program is merit-based.

• Selection is based on a qualifying entrance score and an interview process.

• For PGDM admission, a bachelor's degree with 50% marks or equivalent CGPA in any discipline from a recognised university.

SPJIMR entrance exam

• CAT/MAT entrance scores are accepted.

• Those with 5 years of work experience are accepted.

• GMAT scores of last 5 years are acceptable.

SPJIMR reservation

SPJIMR does not have any reservation policy or quota system for admission.

SPJIMR fee structure

• Application fee is INR 2000.

• PGDM fee is INR 22.50 lakhs.

SPJIMR documents required

• A valid score of any one listed admission tests.

• Complete employment proof.

• Class 10+2 marksheet and certificate.

• PG degree proof

• Copy of Aadhaar card and passport.

• Self-attested copies of original document to be verified at SPJIMR office.