The new IIMs like IIM Rohtak, IIM Raipur, IIM Ranchi, IIM Udaipur, IIM Kashipur and IIM Shillong are quickly making their identity with the developments in the fields of academics, infrastructural facilities and placements. The atmosphere is full of zest for education and gaining popularity among aspirants with lower fees compared to other private institutions. They are included in mba government college list for aspirants looking for affordable quality education.

Parallel to the IIMs, the Indian Institutes of Technology (IITs) have also become strong players in the field of management. IIT Delhi, IIT Bombay, IIT Madras, IIT Kharagpur, IIT Roorkee etc provide MBA or equivalent courses through their specialised departments or schools of management. These courses combine analytical discipline with management concepts providing a great choice for technical students. The IITs are especially famous for their robust focus on innovation, entrepreneurship and decision-making based on data and are considered among the best government colleges for MBA in India.

The Indian Institute of Foreign Trade (IIFT) Delhi is well-versed in international business and is among the few government colleges for MBA in India dedicated solely to trade and world commerce with excellent global exposure and industry interactions. Lastly Jamia Millia Islamia a central university of Delhi, provides a low-cost but quality mba government college in India program which is gradually increasing in fame and placement power.

Together, these 20 government MBA colleges offer a wide range of specialisations, great faculty, state-of-the-art infrastructure and strong placement criteria. They are usually favoured by the best recruiters in industries like consulting, finance, IT, FMCG and manufacturing. With their rich academic heritage and steady performance these colleges remain the most preferred places for MBA aspirants in India.

Top 20 Government MBA Colleges in India 

1. IIM Ahmedabad - Indian Institute of Management, Ahmedabad 

Gujarat's IIM Ahmedabad (IIMA) was founded with government aid from India and Gujarat and from Harvard Business School and visionaries such as Vikram Sarabhai and Kasturbhai Lalbhai IIMA has earned an ideal reputation in management education.  It provides MBA/PGP, PGP in Agribusiness, Executive MBA, PhD and various diploma and faculty courses. It is counted among best govt mba colleges in India.

Ranked 1st in India by NIRF 2025 and having global ranks (31 FT, 58 QS), IIMA is EQUIS accredited and offers admissions via CAT. The MBA cost is approximately ₹26.5 lakhs with a noteworthy average package of ₹34.45 LPA. Students have the opportunity to specialise in fields such as Marketing, Finance, Strategy, HRM, Operations, Public Systems and others making it the management aspirant's top pick.

• Location - Ahmedabad

• Program Name - MBA/PGP

• QS Global MBA Ranking 2026 - 58

• FT Global MBA Ranking 2025 - 31

• NIRF Ranking 2025 - 1 

• IIRF Ranking 2025 - G-1

• Accreditations - EQUIS

• Entrance Exam Accepted - CAT

• Fees - ₹26.50 Lakhs

• Average Package - ₹34.45 Lakhs per annum

• Electives - Ventures, Agriculture, Communication, Economics, Finance and Accounting, Human Resource Management, Information Systems, JSWSPP, Marketing, Organisational Behaviour, Operations and Decision Sciences, Public Systems, Education Innovation, Strategy.

• Other Programs Offered - PGP-FABM, MBA-PGPX, MBA-BPGP, Ph.D, ePGD-ABA (diploma), FDP and AFP. 

2.  IIM Bangalore - Indian Institute of Management, Bangalore 

IIM Bangalore, a leading b-school of Asia is EQUIS accredited and ranked 2nd in India (NIRF 2025). It offers public policy, business analytics, executive MBA, MBA and an online BBA in digital business. It is based in Bengaluru. IIMB is listed among top government MBA colleges in India with low fees. The average package for the MBA is ₹34.88 LPA and it costs ₹28 lakhs.  The MBA is for ₹28 lakhs with an average package of ₹34.88 LPA. There are various electives to choose from and admissions are based on CAT.

• Location - Bengaluru 

• Program - MBA/PGP 

• QS Global MBA Ranking 2026 - 52

• FT Global MBA Ranking 2025 -57

• NIRF Ranking 2025 - 2

• IIRF Ranking 2025 - G-3

• Accreditations - EQUIS

• Entrance Exam Accepted - CAT

• Fees - ₹28 Lakhs

• Average Package - ₹34.88 Lakhs per annum

• Electives - Decision Sciences, Economics, Entrepreneurship, Finance and Accounting, Information Systems, Management Communication, Marketing, Organisational Behaviour and Human Resources Management, Production and Operations Management, Public Policy, Strategy and Interdisciplinary Courses. 

• Other Programs Offered -  PGP, MBA-BA (Business Analytics), MBA-EPGP, MBA-PGPEM, Doctoral Program, PGPPM (Diploma) and BBA-DBE. 

3. FMS Delhi - Faculty of Management Studies, Delhi 

FMS Delhi started with working professional part-time programs and now has full-time, executive and doctoral programs. FMS also has partnerships with other premier institutions in India and the world and is a founding member of AMDISA encouraging regional management education.

Situated in Delhi, FMS provides government MBA college programs with CAT being the exam of entry. With a fee of ₹2.29 lakhs and an average package of ₹34.1 LPA it is among the least expensive yet beneficial govt college for MBA in India. Executive MBA, Executive MBA-HCA, defence officers' program and Ph.D are other courses provided.

• Location - Delhi 

• Program - MBA 

• QS Global MBA Ranking 2026 - NA 

• FT Global MBA Ranking 2025- NA 

• NIRF Ranking 2025 - NA

• IIRF Ranking 2025 - G-2 

• Accreditations - NAAC, UGC

• Entrance Exams Accepted - CAT 

• Fees - ₹2.29 Lakhs 

• Average Package - ₹34.1 Lakhs per annum

• Electives - NA

• Other Programs Offered - MBA- General Management Programme for Defence Officers, Executive MBA, Executive MBA-HCA and Ph.D

4. IIM Kozhikode - Indian Institute of Management, Kozhikode 

One of India's best business schools IIM Kozhikode was founded in 1997 and is known for its stunning Kerala campus, cutting-edge facilities and research focus, international partnerships and online courses. It has PGP, executive and Ph.D courses that combine academic rigour with industry interaction.

The PGP-Finance is a two-year course with a career path in corporate finance, banking and fintech with global principles blended with learning from Indian markets. The CAT admissions with a fee of ₹23.50 lakhs and an average compensation of ₹28.05 LPA are available. Ranked 3rd by NIRF 2025 it is also EQUIS, AMBA and AACSB accredited making it one of the best government college for MBA in India. IIMK also has programs such as PGP-Liberal Studies, PGP-BL, BMS, executive MBAs, diplomas, FDP and doctoral courses.

• Location - Kozhikode, Kochi

• Program - PGP/MBA 

• QS Global MBA Ranking 2026 - 201-250

• FT Global MBA Ranking 2025 - 86

• NIRF Ranking 2025 - 3

• IIRF Ranking 2025 - G-7

• Accreditations - EQUIS, AMBA, AACSB

• Entrance Exam Accepted - CAT 

• Fees - ₹23.50 Lakhs

• Average Package - ₹28.05 Lakhs per annum

• Electives - Economics, Finance, Accounting & Control, Humanities & Liberal Arts in Management, Information Technology and Systems, Marketing Management, Organisational Behaviour and Human Resources, Quantitative Methods & Operations Management and Strategic Management

• Other Programs Offered - PGP Finance, PGP Liberal Studies and Management, PGP Business and Leadership, Bachelor of Management Studies – BMS, Diploma in Management, Management Development Program - MDP, Executive Post-Graduate Program (Kochi Campus), Executive Post Graduate Program (Interactive Learning Mode)-EPGP, FDP, Doctoral Program in Management and Executive Doctoral Program in Management.

5. IIT Delhi - Indian Institute of Technology, Department of Management Studies, Delhi 

The DoMS at IIT Delhi was founded in 1963 and in 1997 it introduced its MBA programs and now it provides a two year fulltime MBA in General and Telecom and an Executive MBA in Technology Management lasting three years. It is considered a top choice for mba government colleges in India. 

DMS IIT Delhi is ranked 4th in NIRF 2025 and G-10 in IIRF 2025. Admission is through CAT exam that will be followed by GD and interviews in-person. The fee is around ₹12 lakhs with an impressive average package of ₹25.82 LPA. Students can choose electives like Marketing, Operations and HRM. With NAAC accreditation and a strong reputation IIT Delhi’s MBA is among the top management programs in India.

• Location - New Delhi 

• Program - PGP/MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 4

• IIRF Ranking 2025 - G-16

• Accreditations - NAAC

• Entrance Exam Accepted - CAT

• Fees - ₹12.00 Lakhs

• Average Package - ₹25.82 Lakhs per annum

• Electives - Marketing Management, Operations Management, Human Resource Management etc.

• Other Programs Offered - MBA, MBA Telecom and Executive MBA

6. IIM Calcutta - Indian Institute of Management, Calcutta

One of India's oldest and most reputable government MBA colleges in India is IIM Calcutta. The two year full time MBA, executive MBA, PGDBA and PhD programs are offered by IIM Calcutta. With a campus in Kolkata the institute welcomes CAT scores for the admission process. With a fee of around ₹27 lakhs and an average package of over ₹35 LPA IIM Calcutta is counted among the best government colleges for MBA due to its global reputation and consistent placement performance.

Ranked 7th in NIRF 2025 IIM Calcutta also finds mention in international rankings such as QS 64 and FT 61. Apart from this it also offers CEMS MIM, MBAEx, PGPEX-VLM and doctoral studies.

• Location - Calcutta 

• Program - PGP/MBA 

• QS Global MBA Ranking 2026 - 65

• FT Global MBA Ranking 2025 - 61

• NIRF Ranking 2025 - 7

• IIRF Ranking 2025 - G-3

• Accreditations - EQUIS, AMBA, AACSB

• Entrance Exam Accepted - CAT 

• Fees - ₹27 Lakhs

• Average Package - ₹35.07 Lakhs per annum

• Electives - NA

• Other Programs Offered - MBA, CEMS MIM, MBAEx, PGPEX-VLM, Doctoral Program and PGDBA

7. IIM Mumbai - Indian Institute of Management, Mumbai 

Previously NITIE now IIM Mumbai was incepted in 1963 as one of the most reputed government MBA colleges in India. MBA, MBA in Operations & Supply Chain and MBA in Sustainability being its programs along with executive and doctoral ones.

Based in Mumbai the institute is renowned for its robust emphasis on Operations, Analytics, Finance, Marketing, HR, IT and Sustainability with academics coupled with industry exposure. Its green campus known as "God's Own Campus" and international collaborations enhance the learning process.

• Location - Mumbai 

• Program - MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 6

• IIRF Ranking 2025 - G-9

• Accreditations - EQUIS 

• Entrance Exams Accepted - CAT 

• Fees -  ₹21 Lakhs

• Average Package - ₹30.09 Lakhs per annum

• Electives - Finance, Marketing, Organisational Behaviour and HRM, Economics & Strategy, Business Analytics, Sustainability Management, Operations and Supply Chain Management.

• Other Programs Offered: PGP, MBA (Operations and Supply Chain Management), MBA (Sustainability Management), PGDEx–VLFM, General Management Programme in Defence (DGMP), Regular Ph.D and Executive P.hD.

8. JBIMS - Jamnalal Bajaj Institute of Management Studies, Mumbai 

In 1965 the Jamnalal Bajaj Institute of Management Studies was created. JBIMS is regarded as a top government college for MBA due to its location advantage and strong industry connect.

The institute provides courses such as MMS, M.Sc. Finance and MHRD with emphasis on applied learning through projects and internships. Its M.Sc. Finance program equips students with knowledge in corporate finance, investment banking, financial modeling and business analytics.

• Location - Mumbai 

• Program - MMS (Full-time) 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - NA

• IIRF Ranking 2025 - P-6

• Accreditations: NAAC 

• Entrance Exams Accepted -CAT/ MAH-CET

• Fees - ₹6 - ₹7 Lakhs 

• Average Package - ₹28.02 Lakhs per annum

• Electives - Finance, Marketing, Operations and Supply Chain Management, Human Resources, System and Digital Business

• Other Programs Offered - MHRD, MMS (part-time), Ph.D

9. IIM Lucknow - Indian Institute of Management, Lucknow 

One of India's top B-schools known for creating manager and leaders is IIM Lucknow which is 1984 established. Its largest campus covers 190 acres of green in Lucknow and in 2005 it opened the first IIM satellite campus in Noida to deliver executive education. IIM Lucknow consistently features in the best MBA government colleges in India lists due to its academic depth and placement performance.

The flagship PGP of IIM Lucknow takes admissions via CAT. It is ranked at 71 in FT Global MBA Ranking (2025), NIRF Rank 5 (2025) and IIRF Rank G-4 (2025). It has EQUIS and AMBA accredited program with an average package costs ₹30 LPA and the fee is ₹20.75 lakhs.

• Location - Lucknow 

• Program - PGP 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - 71

• NIRF Ranking 2025 - 5

• IIRF Ranking 2025 - G-4

• Accreditations - AMBA 

• Entrance Exams Accepted - CAT 

• Fees - ₹20.75 Lakhs

• Average Package - ₹30 Lakhs per annum

• Electives - Marketing, Finance and Accounting, Strategic Management, Human Resource Management, Operation Management, IT and Systems, Business Environment, Communication, Decision Sciences and General Management.

• Other Programs Offered - PGP, PGP-ABM, PGP-SM, PGPWE, IPMX, DPM, EFPM, MGNF

10. IIM Indore - Indian Institute of Management, Indore 

Incepted in 1996 IIM Indore endeavours to develop students into competent managers and effective leaders through an amalgamation of solid academics, research and industry interaction. IIM Indore is among the few government MBA colleges in India with low fees compared to private B-schools with similar outcomes.

The flagship PGP program admits students based on CAT and is internationally ranked, ranked 69 in the FT Global MBA Ranking 2025, 151-200 in QS, 8th in NIRF 2025 and G-5 in IIRF 2025. It is awarded the unique "triple crown" accreditation EQUIS, AMBA and AACSB. The program provides electives in Marketing, Finance, HR, Strategy, Operations, Economics, IT and others. The average package costs ₹25.68 LPA and the fee is ₹21.17 lakhs.

In addition to PGP, IIM Indore also provides PGP-HRM, EPGP, PGPMX, IPM (Integrated Programme in Management), doctoral programs and a number of executive and special courses in areas such as data science, AI, governance and public administration.

• Location - Indore 

• Program - PGP

• QS Global MBA Ranking 2026 - 201 - 250

• FT Global MBA Ranking 2025 - 69 

• NIRF Ranking 2025 - 8

• IIRF Ranking 2025 - G-5

• Accreditations - EQUIS, AMBA, AACSB

• Entrance Exams Accepted - CAT 

• Fees - ₹21.17 Lakhs

• Average Package - ₹25.68 Lakhs per annum

• Electives - Economics, Marketing, Information Systems, Finance & Accounting, OB & HR, Strategy, OM & QT, Humanities and Social Sciences and Communication

• Other Programs Offered - PGP, Post Graduate Programme in Human Resource Management (PGP-HRM), EPGP, Post Graduate Programme in Management for Working Executives (PGPMX), Integrated Programme in Management- (IPM), Doctoral Program in Management - DPM, Executive Doctoral Programme in Management (EDPM), Executive Doctoral Programme in Management and Governance- (EDPMG), Executive Management Programme (EMP), Master of Science in Data Science and Management, Executive Management Programme – Government, Public Administration and Defence {`EMP (G&D)`}, Executive Post Graduate Diploma Programme in Management & Artificial Intelligence (EPGDPM&AI).

11. IIT Bombay - Indian Institute of Technology, Bombay 

To bridge the technology and management IIT Bombay created the Shailesh J. Mehta School of Management in 1995 rededicated in 2000 in honour of a distinguished alumnus. IIT Bombay offers one of the most respected MBA in govt college options for students seeking leadership roles.

Based in Mumbai, it stands at 14th position in NIRF 2025 and G-10 in IIRF 2025. It is admitted on the basis of CAT with a fee of ₹20.37 lakhs and average placement of ₹28.01 LPA. The course has electives in Finance, Strategy, HR, IT, Marketing, Operations, International Business and others and also has on offer like Inter-Disciplinary Dual Degree in Management and a Joint EMBA program.

• Location - Mumbai

• Program - MBA

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 14

• IIRF Ranking 2025 - G-10

• Accreditations - 

• Entrance Exams Accepted - CAT 

• Fees - ₹20.37 Lakhs

• Average Package - ₹28.01 Lakhs per annum

• Electives - Accounting & Finance, Economics & Strategy, General Management, Organisational Behaviour & HRM, Information Technology, International Business, Marketing, Operations Management and Quantitative Techniques

• Other Programs Offered - MBA, Inter-Disciplinary Dual Degree Program ( IDDDP ) in Management and Joint EMBA Program

12. IIM Rohtak - Indian Institute of Management, Rohtak 

IIM Rohtak set up in 2009 is a relatively new IIM and has established itself as a quality benchmark for management education in India in a very short period. IIM Rohtak is an emerging name among govt mba colleges in India offering modern infrastructure and steady placements. The institute emphasises building future leaders through robust academics, research and industry aligned programs.

19th in NIRF 2025 and G-14 in IIRF 2025 IIM Rohtak has its PGP/MBA flagship program along with IPM, DPM, PGPx and specialisation diplomas. The admissions are on the basis of CAT with fees of ₹19.42 lakhs and an average package of ₹18.73 LPA. Elective choices are available in policy, finance, HR, marketing, operations, IT and strategy providing a balanced platform to aspiring managers.

• Location - Rohtak 

• Program - PGP/MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 19

• IIRF Ranking 2025 - G-14

• Accreditations - MBA, NBA 

• Entrance Exams Accepted - CAT 

• Fees - ₹19.42 Lakhs

• Average Package - ₹18.73 Lakhs per annum

• Electives - Economic & Public Policy, Financial & Accounting Management, OB & Human Resource Management, Management Information Systems, Marketing & Strategy Management, Operations Management and Quantitative Techniques

• Other Programs Offered - PGP, Doctorate Program in Management (DPM), Integrated Programme in Management (IPM), Executive Post Graduate Diploma In Sports Management -(ePGDSM), PGPx

13. IIM Raipur - Indian Institute of Management, Raipur

IIM Raipur was established by the MoE in 2010 and is situated in Chhattisgarh. The institute intends to create ethical and socially oriented leaders who can be successful in business as well as help in nation-building. IIM Raipur is gaining recognition as a value-driven government MBA college with growing industry presence.

15th in NIRF 2025 IIM Raipur provides its flagship PGP program as well as eMBA, IPM, Ph.D and other specialisations. Admission through CAT with a fee of ₹15.62 lakhs and a mean package of ₹18.15 LPA. Electives on finance, HR, marketing, operations, IT, strategy and general management are available to choose from.

• Location - Raipur 

• Program - PGP

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 15

• IIRF Ranking 2025 - G-13

• Accreditations - AACSB

• Entrance Exams Accepted - CAT 

• Fees - ₹15.62 Lakhs

• Average Package - ₹18.15 Lakhs per annum

• Electives - Finance, Human Resource Management, IT and Operations, Marketing, Strategy and General Management

• Other Programs Offered - PGP, MBA in Public Policy and Governance, Executive Master of Business Administration (eMBA) - Blended, Executive Postgraduate Programme in Management (Blended), Ph.D and Executive Ph.D

14. IIFT Delhi - Indian Institute of Foreign Trade, Delhi

The Ministry of Commerce & Industry founded IIFT Delhi as a preeminent institute that deals with international commerce and business. It was granted the status of a Deemed University in 2002 and achieved NAAC 'A' grade and AACSB accreditation making it one of the top B-schools globally.

Ranked 17 in NIRF 2025 IIFT provides its flagship MBA in International Business as well as courses in Business Analytics, Economics and executive training. Admissions are via CAT with fees of ₹21.82 lakhs and an average package of ₹27.30 LPA. Students have options to specialise in fields such as trade, strategy, finance, marketing, HR and operations.

• Location - Delhi 

• Program - MBA in International Business

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 17

• IIRF Ranking 2025 - G-11

• Accreditations - NAAC, AACSB

• Entrance Exams Accepted - CAT 

• Fees - ₹21.82 Lakhs 

• Average Package - ₹27.30 Lakhs per annum

• Electives - General Management and Strategy, Quantitative Techniques & Operations Management, IT, Finance, Marketing, International Trade Operations & Logistics, HR

• Other Programs Offered - PhD, MBA in International Business, MBA in Business Analytics, MBA-IB (online), MA Economics, MBA-IB (weekend), PGDM-IB (weekend), PGDM-HRM (weekend) etc. 

15. IIT Madras - Indian Institute of Technology, Madras

The Department of Management Studies at IIT Madras was founded in 2004 and offers MS, PhD, Executive MBA and MBA degrees.  IIT was the first to accept students with non-engineering backgrounds in 2013. The department also operates the PGPEX-VLM program in collaboration with IIM Calcutta and IIT Kanpur and consultancy and executive development programs. IIT Madras is one of the most affordable govt mba colleges with low fees offering strong academic foundations.

Ranked 13 in NIRF 2025 DoMS IIT Madras offers CAT scores to get in. With an average salary of ₹16.93 LPA the cost of an MBA is ₹8.07 lakhs. Students can opt for electives in finance, HR, marketing, operations and information systems.

• Location - Madras 

• Program - MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 13

• IIRF Ranking 2025 - G-19

• Accreditations - AMBA, NBA 

• Entrance Exams Accepted - CAT 

• Fees - ₹8.07 Lakhs

• Average Package - ₹16.93 Lakhs per annum

• Electives - Finance, Integrative Management, HR & OB, Marketing, Operations and Information Systems

• Other Programs Offered - MBA, Executive MBA and PGPEX-VLM

16. IIM Ranchi - Indian Institute of Management, Ranchi 

IIM Ranchi established in 2009 is a rapidly expanding B-school with a reputation for academics, placements and a state-of-the-art campus in Ranchi with a satellite campus at Hyderabad for executive programs. It offers an MBA, specialised MBAs in HRM and Business Analytics, an Integrated Programme in Management and doctoral courses.

The institute is actively involved with industry in terms of executive and certificate programs while encouraging student development through clubs, committees and interaction with experts. With its emphasis on research, social responsibility and international perspective, IIM Ranchi is one of India's top management institutes.

• Location - Ranchi 

• Program - MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA 

• NIRF Ranking 2025 - 15

• IIRF Ranking 2025 - G-13

• Accreditations - AACSB

• Entrance Exams Accepted - CAT 

• Fees - ₹20.33 Lakhs

• Average Package - ₹19.24 Lakhs per annum

• Electives - Finance & Accounting, Economics, Information Systems & Business Analytics, Marketing, Operations Management, Organisational Behaviour & Human Resource Management, Strategy & Entrepreneurship, Liberal Arts & Sciences 

• Other Programs Offered - MBA, MBA-HR, MBA-BA, Executive MBA, Ph.D, Executive Ph.D, (BBA-MBA)

17. IIT Roorkee - Indian Institute of Technology, Roorkee

In 1949 it became the first autonomous university in newly independent India and in 2001 was renamed IIT Roorkee. About 4,500 students are enrolled in the institute's 19 engineering, scientific, humanities, social science and management departments.

The Department of Management Studies which began in 1998 has a two-year full-time MBA dual specialisation in Marketing, Finance, Operations, Information Systems and HR. The department boasts modern infrastructure in the shape of smart classrooms, a computer lab, a double-storeyed library and Wi-Fi facilities to enable quality management education.

• Location - Roorkee 

• Program - MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 22

• IIRF Ranking 2025 - G-29

• Accreditations -

• Entrance Exams Accepted - CAT 

• Fees - ₹9.74 Lakhs

• Average Package - ₹18.30 Lakhs per annum

• Electives - Finance, Marketing, Operations, Information Systems and Human Resource Management

• Other Programs Offered - MBA and Executive MBA 

18. IIT Kharagpur - Indian Institute of Technology, Kharagpur 

Founded in 1993 at IIT Kharagpur as the first IIT business school. Famed for combining technology with management it has programs like MBA, Executive MBA, Doctoral, Dual Degree in Financial Engineering and the novel PGDBA with ISI Kolkata and IIM Calcutta. With the support of IIT Kharagpur's robust resources VGSoM remains engaged in research, consultancy and industry interface. It is ranked among India's leading B-schools year after year.

• Location - Kharagpur 

• Program - MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA 

• NIRF Ranking 2025 - 12

• IIRF Ranking 2025 - G-12

• Accreditations - 

• Entrance Exams Accepted - CAT 

• Fees - ₹11.75 Lakhs 

• Average Package - ₹22.75 Lakhs per annum

• Electives - General Management, Finance, Economics and Strategy, Business Analytics & Information Science, Marketing, Organisational Behaviour, Operations

• Other Programs Offered - MBA, PGDBA

19. IIM Udaipur - Indian Institute of Management, Udaipur 

With international recognition and AACSB certification IIM Udaipur is a quickly growing B-school.  It is the youngest institution to be ranked in FT and QS MIM Rankings for six consecutive years and is 4th among all institutions in India in management research. Providing MBA, GSCM, DEM, Executive MBA and PhD courses it blends robust academics, research and placements to become an up-and-coming top management institute.

• Location - Udaipur 

• Program - MBA 

• QS Global MBA Ranking 2026 - 251 - 300

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 21 

• IIRF Ranking 2025 - G-21 

• Accreditations - AACSB

• Entrance Exams Accepted - CAT 

• Fees - ₹22.33 Lakhs

• Average Package - ₹14.15 Lakhs per annum

• Electives - Business Policy and Strategy, Communication, Economics, Finance and Accounting, Marketing, Operations Management, Quantitative Methods and Information Systems, Organisational Behaviour and Human Resources

• Other Programs Offered - MBA, MBA in Global Supply Chain Management (GSCM), MBA in Digital Enterprise Management (DEM), Postgraduate Diploma in Business Administration for working executives, Executive MBA, Ph.D, Executive Ph.D, Mahatma Gandhi National Fellowship and Summer Program in Management (SPM)

20. IIM Kashipur - Indian Institute of Management, Kashipur 

IIM Kashipur set up in 2011 near Jim Corbett National Park is among the newer IIMs known for innovation, research and leadership. It offers MBA, MBA (Analytics), Executive MBA, PhD and executive programs with specialisations in Finance, Marketing, HR, Operations, Strategy and more. Ranked 23rd in NIRF 2025 and accredited by AACSB the institute accepts CAT scores for admission. The MBA fee is ₹21 lakhs and the average package stands at ₹30.09 LPA.

• Location - Kashipur 

• Program - MBA 

• QS Global MBA Ranking 2026 - NA

• FT Global MBA Ranking 2025 - NA

• NIRF Ranking 2025 - 23

• IIRF Ranking 2025 - G-26

• Accreditations - AACSB

• Entrance Exams Accepted - CAT 

• Fees - ₹21 Lakhs

• Average Package - ₹30.09 Lakhs per annum

• Electives - Communications, Economics, Finance, Information Systems, Marketing, OB & HR, Operations and Decision Sciences, Strategy 

• Other Programs Offered - MBA, MBA (Analytics), Executive MBA,ive MBA (Analytics), Ph.D, Executive Ph.D and Executive Post Graduate Diploma in Business Management (EPGDBM)