India has some of the best MBA colleges in the world. Often, the holy trinity of IIM A,B and C get ranked in the top 55 management colleges in the world. However, there are other top colleges in the country which are not IIM colleges.
Top 30 Non-IIM MBA Colleges in India
Faculty of Management Studies (FMS), Delhi
FMS Delhi has quite a strong placement record. The fee is very modest compared to many other good B-Schools, and education is of the highest quality. The curriculum is rigorous and always incorporates theoretical understanding with real-world applications. Thus, it provides students with excellent exposure to business practices. Its location in the capital gives students access to large industry networks and the best recruiters. Alumni from FMS are known to secure the most managerial positions in different sectors, making it a hot favorite among MBA aspirants.
College Name | Fee | Average package | Median Package | Cutoffs |
FMS Delhi | 2 L | 34.1 LPA | - | 99.5+ |
Indian School of Business (ISB), Hyderabad
The Indian School of Business Hyderabad is one of India's premier business schools, known for its world-class MBA programs and global recognition. Established in 2001, ISB offers a one-year Post Graduate Program (PGP) in Management, along with executive education and specialized courses. The school has strong affiliations with global institutions like Wharton, Kellogg, and LBS, and foster leadership, innovation, and entrepreneurship. With a diverse faculty, modern infrastructure, and a large alumni network, ISB provides students with exceptional learning experiences, global exposure, and access to top-tier corporate opportunities in various industries. It has also started accepting CAT exam for its new 2 years programme.
College Name | Fee | Average Package | Median Package | Cutoffs |
ISB Hyderabad | 45 L | 33.25 LPA | 32 LPA | 720+ / GMAT |
Department of Management Studies (DMS), IIT Delhi
NIRF Rank 2024: 04
The Department of Management Studies of IIT Delhi runs an MBA courses which is a synthesis of technical education and management studies. This course emphasizes analytics, technology, and entrepreneurship, which enables a student to hone their skills more in line with the needs of the modern business environment. Excellent faculty and great corporate exposure lead to bright placements and internship prospects.
College Name | Fee | Average package | Median Package | Cutoffs |
IIT Delhi | 12 L | 25.82 LPA | 24.45 LPA | 99+ |
Xavier School of Management (XLRI), Jamshedpur
NIRF Rank 2024: 09
XLRI Jamshedpur is one of the oldest and most premier business schools in the country, which has earned value-driven education along with a commitment toward social responsibility. Among the flagship programs, PGDM in Business Management and Human Resource Management are considered some of the best in the country, both in terms of national and international stature. XLRI can boast of a vibrant alumni network coupled with an excellent placement record, most particularly, in areas such as consulting, finance, and human resources.
College Name | Fee | Average package | Median Package | Cutoffs |
XLRI Jamshedpur | 27.4 L | 29.89 LPA | 28 LPA | 96+ / XAT |
Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay
Rank in NIRF 2024: 10
MBA at SJMSOM, IIT Bombay with an integration of management education and technical expertise; a unique combination of skills for students. Current focus areas are technology management, operations, and analytics. Utilizing IIT Bombay as the base with its strong academic environment and resources, the institute provides practical exposure through various projects, internships, and industry collaborations. Placement is very successful at SJMSOM; top recruiters in consulting, finance, and IT invariably approach the institute.
College Name | Fee | Average package | Median Package | Cutoffs |
IIT Bombay | 14.77 L | 28.01 LPA | 26.73 LPA | 98+ |
Management Development Institute (MDI), Gurgaon
RANK 2024: 11
MDI Gurgaon is famous for its Post Graduate Program in Management, a very intensive curricular format across leadership, strategy, and innovation. Situated in the corporate hub of Gurgaon, there are ample industry interactions and internship opportunities for students. Business schools around the world have collaborative ties with MDI, paving the way for student exchange programs. MDI has one of the best placement records in the country, with most multinational companies visiting the campus.
College Name | Fee | Average package | Median Package | Cutoffs |
MDI Gurgaon | 24.99 L | 25.5 LPA | 24.2 LPA | 95+ |
Symbiosis Institute of Business Management (SIBM), Pune
NIRF Rank 2024: 13
SIBM Pune is rated as one of the best B schools in India because the institute has a dynamic curriculum along with an emphatic stress on holistic development. The institute offers an MBA program along several specializations, such as marketing, finance, and human resources. SIBM lays particular emphasis on personality development and leadership to ensure that the students are well-rounded professionals who can easily cope up with the corporate world. The campus attracts top recruiters, which assures excellent placement opportunities for graduates.
College Name | Fee | Average package | Median Package | Cutoffs |
SIBM Pune | 26.59 L | 28.16 LPA | 25 LPA | 99+ / SNAP |
Indian Institute of Foreign Trade (IIFT), Delhi
Rank in NIRF 2024: 15
IIFT Delhi is one of the best business schools in the country, focusing exclusively on international business and trade. The MBA program offered by IIFT will develop a student's acumen about the dynamics of global trade, foreign policy, and international markets. The location is ideal for students seeking top-notch exposure to the domain of international business since it places them near all major governmental and corporate offices. What makes this institute even more spectacular is its brilliant placement record across various sectors: top companies have been known to hire them for positions worldwide.
College Name | Fee | Average package | Median Package | Cutoffs |
IIFT Delhi | 21.7 L | 29.1 LPA | 26.5 LPA | 98+ |
TISS, Mumbai
The TISS Mumbai, established in 1936, is a premier institution known for its focus on social sciences, public policy, and human resource management. TISS offers a flagship Master’s in Human Resource Management and Labour Relations (HRM & LR) program, highly regarded by industry leaders. With a unique blend of social impact and management education, TISS is committed to addressing social challenges through research and education. Its interdisciplinary approach, experienced faculty, and emphasis on fieldwork give students a well-rounded, real-world perspective, making TISS graduates highly sought after in the corporate, NGO, and public sectors.
College Name | Fee | Average Package | Median Package | Cutoffs |
TISS | 1.85 L | 26.31 LPA | 25.28 LPA | 98+ / CAT |
IIT Madras DoMS
Rank NIRF 2024: 16
The DoMS IIT Madras is a data-driven decision-making and technology management focused MBA program. IIT Madras, with a curriculum that combines core management principles along with advanced technical subjects, does indeed deliver students with skills that will prove to be extremely effective in the tech-driven business world. Chennai as a location and the strong links with industry and academia ensure there are immense opportunities for internships, projects, and placements through the institute.
College Name | Fee | Average package | Median Package | Cutoffs |
IIT Madras | 1.88 L | 16.93 LPA | 16.39 LPA | 96+ |
Department of Management Studies, IIT Roorkee
Rank in NIRF 2024: 18
The department offers an MBA program at IIT Roorkee that provides basic management knowledge with the integration of technological skills. The mode of teaching is based on practical understanding through case studies, simulations, and other industry interactions. IIT Roorkee, with its rich heritage and excellent research facilities, attracts talented students for careers in technology management, operations, and analytics. Top firms view this institute favorably and continuously take its students for placements.
College Name | Fee | Average package | Median Package | Cutoffs |
IIT Roorkee | 9.68 L | 18.3 LPA | 18.5 LPA | 96+ |
Vinod Gupta School of Management (VGSoM), IIT Kharagpur
NIRF Rank 2024: 19
VGSoM at IIT Kharagpur has operated an MBA program with a long-standing focus on operations and technology management. The school rightfully combines technical superiority with management education to train students for tech-driven industries which commands leading positions and leadership roles. VGSoM's curricula are research-driven, with emphasis on practical exposure through projects, internships, and corporate tie-ups. The school boasts of excellent placement records where the vast majority of students get placed in top consulting finance and technology firms.
College Name | Fee | Average package | Median Package | Cutoffs |
IIT Kharagpur | 11.6 L | 20.83 LPA | 20.65 LPA | 96+ |
SP Jain Institute of Management and Research (SPJIMR), Mumbai
RANK in 2024: 20
One of the other interesting characteristics is SPJIMR Mumbai's innovative methodology in teaching, with a focus on entrepreneurship, leadership, and ethics. Its flagship PGDM program has, year after year, ranked among the top business courses in the country. The institute is keen on experiential learning and social sensitivity. It features a large number of global exposure opportunities through its international immersion programs. SPJIMR has impressive placement records, as top companies in all sectors actively recruit graduates from here.
College Name | Fee | Average package | Median Package | Cutoffs |
SPJIMR Mumbai | 22.5 L | 33 LPA | 31.5 LPA | 99+ |
Narsee Monjee Institute of Management Studies, Mumbai
NIRF Rank 2024: 21
NMIMS Mumbai is one of the best business schools in the private space. The various diverse MBA programmes specialising in finance, marketing, and human resources, among others, make the institute sound attractive. NMIMS focuses on case work and projects, making learning practically applicable. The campus has held several industry events; therefore, students are more than well-prepared for their careers. NMIMS has an excellent placement record as well. Top companies recruit from these campuses, particularly in consulting and financial services.
College Name | Fee | Average package | Median Package | Cutoffs |
NMIMS Mumbai | 25 L | 25.13 LPA | - | 234+ / NMAT |
Jamia Millia Islamia (JMI), New Delhi
NIRF Rank 2024: 25
The faculty for Management Studies and Research of the JMI has gradually built up a good position in the management education sphere. Since JMI offers ethical, social responsibility, and innovative management programs as postgraduate business studies, students are well equipped with the foundation of management principles. The central location of JMI at Delhi provides excellent opportunity for internship and interaction in related industries. The placement record is constantly improving at JMI, given the fact that many top companies visit the campus each year.
College Name | Fee | Average package | Median Package | Cutoffs |
JMI, Delhi | 2-3 L | 10.2 LPA | 10.2 LPA | 75+ |
Amrita Vishwa Vidyapeetham, Coimbatore
NIRF 2024 Ranking: 28
Amrita Vishwa Vidyapeetham's MBA program is more of research-based that focuses on sustainability as well as social impact. The global business perspectives coupled with hands-on learning experiences for students are provided in the form of industry projects and internships. This university has an extensive collaborative arrangement with universities all around the world that provides its students with a wide range of exchange programs. It has top recruiters like technology as well as manufacturing conglomerates coming to their campuses.
College Name | Fee | Average package | Median Package | Cutoffs |
Amrita Vishwa Vidyapeetham | 3 L | 10 LPA | 10 LPA | 70+ |
Amity University, Noida
NIRF Rank 2024: 29
Amity Business School Noida is really diverse because of the variety of MBA programs catering to the needs of industries in terms of finance, marketing, international business, and entrepreneurship. Its strong hold on experiential and international learning helps students reap potential outcome. The close relation of the institutes with the industries itself ensures that the Amity graduates would get excellent placements in the companies which they would want-whether it's a premier corporation or an exciting startup.
College Name | Fee | Average package | Median Package | Cutoffs |
Amity Business School | 23.8 L | 9 LPA | 8.5 LPA | 75+ |
Department of Industrial and Management Engineering (IME), IIT Kanpur
Rank NIRF 2024: 29
Management Education with Technical Expertise: IIT Kanpur provides an MBA program that effectively combines management education with technical expertise. The intake at the institute is small and focuses more on operations management, data analytics, and supply chain management. The students are trained in the strong research culture prevailing in IIT Kanpur and its strong industrial linkages for internship and project work. The placement record of the department is quite sound, especially in the streams of consulting, analytics, and technology management.
College Name | Fee | Average package | Median Package | Cutoffs |
IIT Kanpur | 3.66 L | 18.2 LPA | 19.9 LPA | 95+ |
MICA, Ahmedabad
NIRF Rank 2024: 32
MICA Ahmedabad is India's premier business school focused on strategic marketing and communications. It offers a unique MBA program specially designed to prepare professionals in marketing, brand management, and media. MICA's curriculum encourages creativity and innovation, hence different from other traditional management programs. The institute has good industry links, and its placement record also is healthy, especially in the light of advertising, media, and digital marketing sectors.
College Name | Fee | Average package | Median Package | Cutoffs |
MICA, Ahmedabad | 26 L | 20.09 LPA | 19 LPA | 85+ |
Great Lakes Institute of Management (GLIM), Chennai
NIRF Rank 2024: 34
GLIM is one of India's most coveted one-year MBA programs, aligned with leadership, analytics, and sustainability. Its curriculums are being used by the students to get preparing for a new governance ecosystem under changing business scenarios. The firms have excellent corporate ties and the best placement opportunities in technology and consulting as well as financial services. GLIM boasts of a global outlook with a faculty comprising industry professionals and international academicians.
College Name | Fee | Average package | Median Package | Cutoffs |
GLIM, Chennai | 20.8 L | 15.1 LPA | - | 85+ |
Institute of Management Technology (IMT), Ghaziabad
Rank in NIRF 2024: 35
IMT Ghaziabad is one of the leading private management schools in India offering various MBA programs with specializations in streams like marketing, finance, and operations. The institute is known for pedagogy through experiences and case-based methodologies. It prepares students to be ready to face the industry with an internship opportunity in live projects. Generally, its placement record is excellent since top companies from nearly all sectors recruit their students from here. The strong alumni network of the institute further aids in career guidance and opportunities for the students also.
College Name | Fee | Average package | Median Package | Cutoffs |
IMT Ghaziabad | 21.53 L | 17.35 LPA | 16 LPA | 85+ |
Panjab University: University Business School (UBS)
NIRF Rank in 2024: 36
The dynamic culture of an MBA program focused on industry interface and skill building at Panjab University has seen the campus thrive. This has been aiding the curriculum in enhancing employability and building entrepreneurship skills, offering students opportunities to apply concepts learned in real life through internships and live projects. UBS also boasts an excellent placement track record with top companies seeking students from various streams into the faculty of banking, IT, and manufacturing.
College Name | Fee | Average package | Median Package | Cutoffs |
UBS, Chandigarh | 48 k | 13.7 LPA | 8.5 LPA | 90+ |
Goa Institute of Management (GIM), Goa
NIRF Rank 2024: 37
The sustainable business practices and innovative approach of GIM are well-noted in its MBA program. Coupled with a peaceful campus in Goa, GIM provides an appropriate, all-around curriculum-robust program in leadership development, analytics, and social responsibility. It has high industry linkages as well and offers a mix of theoretical and practical learning experiences. GIM has an excellent placement record-mostly in banking, consultancy, and technology.
College Name | Fee | Average package | Median Package | Cutoffs |
GIM, Goa | 19.4 L | 14.81 LPA | 14.6 LPA | 90+ |
ICFAI Business School (IBS), Hyderabad
NIRF Rank 2024: 39
IBS Hyderabad is one of the most well-established business schools with a more comprehensive MBA program that has specializations in finance, marketing, and human resource management. Institute espouses a case study-based learning culture along with industry interaction, which prepares students for the managerial world. IBS ensures good placement across sectors and in top firms in the IT, finance, and FMCG sectors.
College Name | Fee | Average package | Median Package | Cutoffs |
ICFAI, Hyderabad | 17 L | 9.7 LPA | 9 LPA | 75+ |
International Management Institute (IMI), Delhi
Rank NIRF 2024: 40
IMI Delhi is one of India's premier business schools offering MBA programs with a focus on leadership, innovation, and global management. The institute has a strong international linkages network which gives the student an exposure to global business practices. A strong alumni network has been built at IMI, and the placement record is excellent. Top companies from the consulting and finance industry visit IMI to recruit graduates.
College Name | Fee | Average package | Median Package | Cutoffs |
IMI Delhi | 20.95 L | 16.71 LPA | 16.6 LPA | 90+ |
University of Petroleum and Energy Studies (UPES), Dehradun
NIRF Rank 2024: 41
UPES is acknowledged for niche, specialized MBA programs in the Energy, Logistics, and Aviation sectors. With an industry-oriented curriculum specialized in niche sectors, the university prepares students with managerial skills in those industries. UPES has a strong foothold with the industry, and students get good opportunities through internships and placements. The campus attracts many recruiters from oil-gas sectors, logistics sectors, and energy consulting.
College Name | Fee | Average package | Median Package | Cutoffs |
UPES, Dehradun | 1.5 - 15 L | 7.7 LPA | 7 LPA | 75+ |
Xavier Institute of Management (XIM), Bhubaneswar
NIRF Rank 2024: 43
XIM Bhubaneswar is an elite business school under XIM that can be described as offering the best MBA program, focusing on responsible leadership and sustainability. In the 22-month full-time program, decision making will involve ethical considerations and social responsibility. XIM has a great placement record with its graduate students obtaining places in most top firms, including banks, consulting companies, and manufacturing firms. The campus offers a lot to students in interacting with real industries and how to get practical experience for application in the workforce.
College Name | Fee | Average package | Median Package | Cutoffs |
XIM Bhubaneswar | 24.4 L | 19.53 LPA | 18.37 LPA | 92+ / XAT |
Thapar School of Management, Patiala
NIRF Rank 2024: 44
Thapar School of Management offers an MBA degree integrated with management education of technology to the student. Thapar Institute of Engineering and Technology has a strong connection with corporate resources, and thus the students there get the practical exposure with their academic work. With strong placement records in manufacturing, IT and consulting, the students get exposed to a wide horizon of opportunities.
College Name | Fee | Average package | Median Package | Cutoffs |
Thapar School | 10 L | 7 LPA | 6.8 LPA | 70+ |
Jaipuria Institute of Management, Lucknow
NIRF Ranking 2024: 45Jaipuria Institute of Management is one of those institutions that offer a versatile MBA program focusing on marketing, finance, and operations. The institute believes in learning by doing and provides students with plenty of opportunities for internships and live projects. Jaipuria has a good alumni networking that hooks the industry and has given excellent placement opportunities in the retail, FMCG, and banking sectors.
College Name | Fee | Average package | Median Package | Cutoffs |
Jaipuria Institute | 14.75 L | 9 LPA | 8.8 LPA | 75+ |
Department of Management Studies, IIT Dhanbad
Rank in NIRF 2024: 46
IIT Dhanbad has under its Department of Management Studies, an MBA program that has provided an education in management, integrated with such technological inputs, especially in the areas of operations and analytics, and integrates more and more data-driven approaches for decision-making towards industry needs through technology. It has been historically strong in the energy and mining sectors, thus imparting excellent placement opportunities to the students in those industries.
College Name | Fee | Average package | Median Package | Cutoffs |
IIT Dhanbad | 3 L | 11 LPA | 10.2 LPA | 80+ |
Institute of Rural Management Anand (IRMA), Gujarat
Rank 2024: 49
IRMA is one of the premier institutes in India offering MBA programs that focus on rural management. It is well-known for its mission-driven curriculum that equips the students to look at the challenges in the rural arena and with innovative business solutions, it can answer those issues. IRMA adapts a model of management education combined with development practice, hence it gives hands-on experience to the students in rural settings. Being often close to industries and with great placement records, IRMA graduates often find their roles in social enterprises, rural development, and sustainable businesses.
College Name | Fee | Average package | Median Package | Cutoffs |
IRMA | 18.69 L | 14.14 LPA | 15 LPA | 85+ |
Conclusion
While IIM colleges are the most popular business schools in India, many non-IIM MBA colleges offer excellent education, infrastructure, and placement opportunities. Colleges like XLRI, FMS, and ISB are well-respected and provide top-tier management education. These institutes offer specialized programs, global exposure, and strong industry connections, which enables graduates to secure high-paying jobs and leadership roles across various sectors. Pursuing an MBA from any of these institutions can offer comparable returns to an IIM MBA, making them highly competitive and prestigious alternative colleges.