Top 5 Business Schools in India

Post-Graduation has become a basic degree which is required to land in a job. Finding a job with a decent salary without a Post-Graduation has become harder year by year. Even an Individual already working in a company would require a PG certificate for his/her promotion.

In such an environment choosing the right Business school has become a hard task for the students. India has a lot of Business Schools providing Post Graduation. There are around 5,500 colleges in the country.

Here are some of the best Business schools in India

Indian Institute of Management (IIM) Ahmedabad
Indian Institute of Management (IIM) Bangalore
Indian Institute of Management (Calcutta)
Indian School of Business
Xavier School of Management
FAQ

Indian Institute of Management (IIM) Ahmedabad

IIM Ahmedabad started its operation from the year 1961. It is an Autonomous University located in Ahmedabad, Gujarat. IIM Ahmedabad is India’s best Business School and it has been featured twice as the top B-School in the list of NIRF.

According to 2020, it is rated as one of the top colleges in India by NIRF.
The oldest, flagship MBA Programme is what IIM Ahmedabad is popularly known for. It is ranked #20 globally by financial times for Masters in Management. IIM faculties have an average of 10-20 years of work experience in study research and MNC’s.

The average fee for the Programme varies from INR 10 Lakhs to 28 Lakhs. The average remuneration received through the placements in 2020 is INR 40-45 Lakhs P.A.

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Indian Institute of Management (IIM) Bangalore

IIM Bangalore started its operation from the year 1973. It is also an Autonomous University in Bannerghatta, Bangalore. IIM Bangalore is one of the leading institutes for management studies in Asia. It was also ranked as one of the best colleges by NIRF in 2020. It was 2nd in the list.

The MBA Programme has a lot of selection rounds. Only 400 students will be selected per year out of Lakhs of applicants in and across the country. The college offers a lot of scholarship programs as well.

The fees for the programs vary from around INR 19 Lakhs to INR 28 Lakhs. The average remuneration received through the placements in 2020 is INR 28 Lakh P.A.

IIM Bangalore have student exchange programs with various universities across North America, South America, Europe, Asia, and Australia. The institution also has key partnerships and collaborations with various companies to promote entrepreneurship and developing new ventures. The companies include Goldman Sachs, NITI Aayog, and Michael and Susan Dell Foundation.

IIM Bangalore is working towards developing another campus in Bangalore.

Indian Institute of Management (Calcutta)

IIM Calcutta is the second institution under the IIM to be developed in India. It started its operation in the year 1961. The institution has continuously been ranked #3 by NIRF in the last 5 years. IIM Calcutta had been ranked #44 by Financial Times worldwide. According to outlook Icare ranking 2021, the institution is among the top 3 institutions in India.

IIM Calcutta is well known for its MBA Programme. The institution also provides doctoral programs and Certificate courses in Management. The faculties in the institution have experience of over 10-20 years in study research and MNC’s.

The fees for the programs vary between INR 11 Lakhs to 27 Lakhs. The college provides a scholarship of almost 3-4 lakhs. The average remuneration received through the placements in 2020 is INR 27.8 Lakhs P.A.

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Indian School of Business

ISB started its operation in the year 2001. Indian School of Business is situated in the city Hyderabad, Telangana. As per Forbes's recent ranking,  the institution is ranked 7th all over the world. This business school provides courses in the field of management. It is a Autonomous Institution which is private.

It was given the ranking of 12 for MBA by Times of India in 2019. The institution tops in the Economist MBA ranking in 2021. It is ranked #6 Business School in Asia. ISB has 18 Research centers and institutes. The institution provides a wide range of Scholarships to its students including merit scholarships.

The fees for the Programme vary between INR 10 Lakhs to INR 47 lakhs.  The average remuneration received through the placements in 2020 is INR 25.7 Lakhs P.A.

Xavier School of Management

Xavier School of Management started its operation from the year 1949. It is situated in the city Jamshedpur, Jharkhand. The college holds the 9Th position for the ranking by NIRF 2020 for MBA.

The institution is popularly known for offering courses for graduates and working professionals. It offers PG programs, Diploma and certificate programs below the domain of Management.

The college has tie-ups with a lot of international Universities for student exchange programs. The institution has a campus in New Delhi as well.

The fee for the Programme varies between INR 3 Lakhs to 20.95 Lakhs. Students will receive a scholarship of about INR 1.75 Lakhs.  The average remuneration received through the placements in 2020 is INR 20.08 Lakhs P.A.

FAQ

Which is the number 1 business school in the world?

Stanford University is ranked as the number 1 business school in the world.

How many Business schools are there in India?

India has more than 6,000 business schools offering PGDM & MBA.

Which is the most Expensive school in India?

Doon School, Dehradun is one of the most expensive schools in India with a school fee of Rs. 10,25,000/- per annum.

Conclusion

There are a lot of other well-known colleges which provide Management programs including IIM’s and IIT’s. However, you should make sure you should go through the selection rounds and start preparing for it. Early preparations for the exams will make it easy for you to get through and secure a seat in your dream college.