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15 Top B Schools in India with Awesome placements

11 November 2021

10 mins

Overview

It is truly a dream come true for any student to pursue an MBA degree from the Top B schools in India. MBA programs are one of the most popular courses to get enrolled in after completing high school. The two-year MBA program also acts as another gateway to upgrade your skillset and go back to work. It also opens up many job opportunities for candidates, thus making the top B schools in India very popular.

If you are a local resident, you would be happy to know that there are many top B schools in India such as IIM Ahmedabad, IIM Calcutta, IIM Bangalore, XLRI Jamshedpur, IIM Indore, IIM Lucknow, IIT Bombay, IIT Delhi, Department of Management Studies, FMS Delhi, MDI Gurgaon, SPJIMR Mumbai, Symbiosis Pune, Narsee Monjee Institute of Management Studies.

This article will make you aware of the various eligibility criteria, application processes, and fee structures for the top B schools in India. We will list you the 15 top B schools in India and the programs they provide. We will also talk about the Institute of Management Studies & Research offered by various colleges and the average salary you will get after graduating.

List of 15 Top B Schools in India

As the Master of Business Administration is one of the most popular degrees, it creates a huge demand for business schools in India. Here is a list of the top B schools in India:

1- IIM Ahmedabad

IIM Ahmedabad has been ranked number 1 by the NIRF ranking system. In addition, IIM Ahmedabad is also considered one of the best for the Master of Business Administration program in India. Thus, deserving the first place for the top B schools in India. IIM Ahmedabad was established in 1961 and is one of the few B schools to earn an EQUIS accreditation and is famous for its school of management.

Indian Institute of Management Ahmedabad is famous for its two-year MBA program. The candidates are offered admission based on their CAT scores. Therefore, the competitiveness to get admission into the institute is very high, and the percentage goes up to 99.6%. A candidate should score very well in all of their academic exams and be aware of all the eligibility criteria to get admitted into the college. You would be surprised to know that it has an excellent placement record, where 100% of the graduates got placed within a year of graduating from the institute.

2- IIM Bangalore

Indian Institute of Management Bangalore, commonly known as IIM Bangalore, is ranked 2nd in the NIRF ranking system. IIM Bangalore is among the top B schools in India which offers management programs. IIM Bangalore was established in 1973 and has admitted over 1,300 students across various courses every year. It is also amongst the few business schools to get an EQUIS accreditation. Moreover, as the institute is located in Bangalore, it can maintain a great reputation for placement records. Hence, earning its fair spot of number two in our list of top B schools in India.

Indian Institute of Management Bangalore (IIM Bangalore) offers various management courses and has thousands of applicants every year. Out of all the courses, it is famous for its two-year PGP program. The institute accepts admission based on a candidate's CAT scores. Therefore, you should take your academic scores very seriously if you wish to get admitted into the college.

3- IIM Calcutta

IIM Calcutta was established in 1961 and is considered one of the best among the Top B schools in India. IIM Calcutta is ranked 3rd in the NIRF ranking system and is one of the best management institutes in the country. The institute offers a wide range of management courses and has an excellent record for their students being placed into big firms. In addition, IIM Calcutta offers great infrastructure and resources to its students. Indian Institute of Management Calcutta (IIM Calcutta) also has great placement records and has a track record of 100% of the students being placed after graduating.

4- IIM Lucknow

IIM Lucknow is one of the most popular business schools in India. It is located in Uttar Pradesh and has been ranked 4th in the NIRF ranking. IIM Lucknow was founded in 1984 and offers a variety of management courses. So if you are looking for a good business school, you should surely look into IIM Lucknow. Some of the famous courses offered by the institute include the two-year and full-time PGP programs. In addition, IIM Lucknow has a great global network and tie-ups with various institutes. The institute also offers a great infrastructure to all of its students and has an excellent placement record. The school is also famous for its programs in management studies.

5- IIM Indore

As we all know, IIM’s hold their top place among all the other top B schools in India. IIM Indore was founded in 1996 and is the sixth member of the IIM family. IIM Indore is ranked 7th in the NIRF ranking, thus deserving its spot on the top B schools in India. The institute is highly versatile and offers UG, PG, doctoral, and various other courses. IIM Indore has a great campus and offers its students a wide number of resources. The institute also offers a wide global network with many international universities. Thus, allowing students to gain experience and global exposure.

6- IIT Delhi

IIT Delhi has a special Department of Management Studies, also commonly known as DMS IIT Delhi. The department of management studies at IIT Delhi is the school of management department for education and research. Department of management studies at IIT Delhi has been placed in the A++ categories amongst the top B schools in India. It also offers both UG and PG degrees in various MBA programs. According to the QS ranking department of management studies at IIT Delhi has been ranked 3rd and 8th in the NIRF ranking. The institute accepts candidates based on their scores on the common admission test (CAT).

7- XLRI Jamshedpur

Xavier School of Management Jamshedpur or commonly known as XLRI Jamshedpur was established in 1949. XLRI Jamshedpur is also considered one of the oldest business schools in the country. Xavier School of Management (XLRI Jamshedpur) has also been ranked 9th on the NIRF ranking system and thus deserves a spot on the top B schools in India. The institute offers PGDM and fellowship programs in management studies and is very popular amongst aspiring students. Xavier School of Management (XLRI Jamshedpur) is also considered the best private university that offers programs in management studies. The institute requires you to take the XAT exam to get admission into the college. It has an excellent placement record, and the average salary for domestic students is Rs 25.05 Lakhs per annum.

8-MDI Gurgaon

MDI Gurgaon is amongst the top B schools in India. Management Development Institute Gurgaon or commonly known as MDI Gurgaon, was established in 1973. The institute offers a wide range of courses, including PG, executive PG, doctoral and various management programs. It also has been ranked 10th in the NIRF rankings, thus earning MDI Gurgaon a spot in the top B schools in India. MDI Gurgaon is also the first institute to get an AMBA accreditation, hence proving its worth. On a national level, all of its programs are accredited by AICTE and NBA. The institute also offers a wide range of exchange programs to offer its students real-time exposure and has global ties with many international universities.

9- IIT Bombay

Shailesh J Mehta School of Management is a part of IIT Bombay. The institute was established in 1995 and is one of the top B schools in India. SJMSOM at IIT Bombay offers various courses such as PG, doctoral, and a vast number of Management courses. SJMSOM at IIT Bombay has been ranked 11th in the NIRF ranking system, making it one of the elite business schools in the country. The branch has a great reputation and offers a wide number of resources to its students. SJMSOM at IIT Bombay has a clean and excellent placement record, all thanks to its global ties with major companies. The average salary after graduating from SJMSOM at IIT Bombay is Rs.20.99 Lakhs per annum.

10- FMS Delhi

Faculty of Management Studies or commonly known as FMS Delhi is a part of Delhi University. FMS Delhi is considered one of the best management institutes in the country. FMS Delhi was established in 1954 and had contacts with several international universities. Faculty of Management Studies (FMS Delhi) offers various management courses and is considered one of the top B schools in India. The institute accepts CAT scores for admission procedures and has a great placement record. The average salary after graduation is RS.27 Lakhs per annum.

11- SPJIMR Mumbai

S.P. Jain Institute of Management Studies & Research, commonly known as SPJIMR Mumbai, is a popular school established in 1981. SPJIMR Mumbai is very popular for its Institute of Management Studies & Research and receives thousands of applications each year. Moreover, SPJIMR Mumbai offers its students entrepreneurial abilities as it is an independent institute. The UGC and AICTE also recognise SPJMIR Mumbai. S.P. Jain Institute of Management Studies & Research offers a great campus and has a great placement record. Hence, deserving of a spot in the top B schools in India, if you want to get admission into the institute successfully, you should check out the eligibility criteria and the various requirements. Doing this will surely land you a seat in the school.

12- Symbiosis Pune

Symbiosis Institute of Business Management or commonly known as Symbiosis Pune, was founded in 1978. SIBM Pune (Symbiosis Pune) offers an MBA and executive MBA for a wide range of specialities. In addition, Symbiosis Pune also offers an MDP, which is not commonly seen amongst the other management schools. It is also ranked 3rd by Outlook among all the top private colleges offering an MBA degree.

13- Narsee Monjee Institute of Management Studies Mumbai

Narsee Monjee Institute of Management Studies, commonly known as NMIMS, is one of the top schools in Management studies. Narsee Monjee Institute of Management Studies was founded in 1981 and is famous for its various programs in management studies. The institute has campuses in seven cities across the country and offers UG, PG and PhD in various fields. The university has been ranked 24th in the NIRF ranking system, thus deserving its spot.

14- IIM Kozhikode

The institute was established in 1996 and held its reputation for being one of the best management schools in the country. IIM Kozhikode has been ranked 6th by Outlook for its management program. It has an excellent placement record and offers its students a well-knit global network with various international universities.

15- IIM Tiruchirappalli

IIM Tiruchirappalli is the 11th member of the IIM family. The institute has an excellent placement record of 100% and holds its reputation for being one of the top B schools in India. IIM Tiruchirappalli offers a wide number of management courses and is very famous among the students.

Eligibility Criteria for Top B Schools in India

Although the technical details for the eligibility criteria may vary for every college, the basic criteria remain to pursue an MBA degree. The interested candidates should have a graduation in any discipline or any degree valued equivalent to that. Many of the top B schools in India also require you to give state or national level entrance exams. These exams may include CAT, XAT, GMAT, CMAT, MAT, etc. One of the most famous exams widely accepted by many famous institutes in the Common Admission Test is CAT.

Admission process of Top B schools in India

The admission process of Top B schools in India is pretty simple. All that an applicant needs to do is register on the institute online portal and select the course they are interested in. Then they will be required to submit their scores of state or national-level exams. The most common exam to judge and select students is their CAT results, although many institutes have entrance exams, such as XAT. Therefore, you should be aware of all the eligibility criteria and prepare accordingly to get a successful admission.

Fees of Top B schools in India

The fee structure for top B schools in India may vary from college to college. Therefore, you should try and check the fee structure on the Institute’s official site. Having said this, the MBA fees for various IIMs range between Rs. 9 Lakhs to Rs. 23 Lakhs. This fee is excluding any additional charges such as security deposits or registration fees. If you feel that you are not financially secure to pay this fee, you should check the institute’s scholarships program as they might help you gain admission and offer some funds to ease up the financial pressure on candidates.