The newer IIMs such as IIM Rohtak, IIM Raipur, IIM Ranchi, IIM Udaipur, IIM Kashipur, and IIM Shillong are rapidly making their mark with steady developments in academics, infrastructure, and placement records. The institutes have a lively learning environment and are gaining popularity among candidates with lower charges compared to private rivals and rising returns on investment.

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.

The Indian Institute of Foreign Trade (IIFT), Delhi is well-versed in international business and is among the few colleges 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 program which is gradually increasing in fame and placement power.

Together, these 20 government MBA schools 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

2. IIM Bangalore - Indian Institute of Management, Bangalore 

• Location: Bengaluru 

• Program: MBA/PGP 

• QS Global MBA Ranking 2025: 53

• FT Global MBA Ranking 2025: 57

• NIRF Ranking 2024: 2

• IIRF Ranking 2025: G-3

• Accreditations: EQUIS

• Entrance Exam Accepted: CAT

• Fees: ₹28.00 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 

• Location: Delhi 

• Program: MBA 

• QS Global MBA Ranking 2025: - 

• FT Global MBA Ranking 2025: - 

• NIRF Ranking 2024: - 

• IIRF Ranking 2025: G-2 

• Accreditations: NAAC, UGC

• Entrance Exams Accepted: CAT 

• Fees: ₹2.29 Lakhs 

• Average Package: ₹34.1 Lakhs per annum

• Electives: - 

• 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 

• Location: Kozhikode, Kochi

• Program: PGP/MBA 

• QS Global MBA Ranking 2025: 151-200

• FT Global MBA Ranking 2025: 86

• NIRF Ranking 2024: 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 

• Location: New Delhi 

• Program: PGP/MBA 

• QS Global MBA Ranking 2025: -

• FT Global MBA Ranking 2025: -

• NIRF Ranking 2024: 10

• IIRF Ranking 2025: G-10

• 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 

• Location: Calcutta 

• Program: PGP/MBA 

• QS Global MBA Ranking 2025: 65

• FT Global MBA Ranking 2025: 61

• NIRF Ranking 2024: 5

• IIRF Ranking 2025: G-3

• Accreditations: EQUIS, AMBA, AACSB

• Entrance Exam Accepted: CAT 

• Fees: ₹27.00 Lakhs

• Average Package: ₹35.07 Lakhs per annum

• Electives: -

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

7. IIM Mumbai - Indian Institute of Management, Mumbai 

• Location: Mumbai 

• Program: MBA 

• QS Global MBA Ranking 2025: -

• FT Global MBA Ranking 2025: -

• NIRF Ranking 2024: 6

• IIRF Ranking 2025: G-9

• Accreditations: EQUIS 

• Entrance Exams Accepted: CAT 

• Fees: ₹21.00 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 

• Location: Mumbai 

• Program: MMS (Full-time) 

• QS Global MBA Ranking 2025: - 

• FT Global MBA Ranking 2025: - 

• NIRF Ranking 2024: - 

• IIRF Ranking 2025: P-6

• Accreditations: NAAC 

• Entrance Exams Accepted: CAT/ MAH-CET

• Fees: ₹6.00 - ₹7.00 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 

• Location: Lucknow 

• Program: PGP 

• QS Global MBA Ranking 2025: 201 - 250

• FT Global MBA Ranking 2025: 71

• NIRF Ranking 2024: 7

• IIRF Ranking 2025: G-4

• Accreditations: AMBA 

• Entrance Exams Accepted: CAT 

• Fees: ₹20.75 Lakhs

• Average Package: ₹30.00 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 

• Location: Indore 

• Program: PGP

• QS Global MBA Ranking 2025: 201 - 250

• FT Global MBA Ranking 2025: 69 

• NIRF Ranking 2024: 7

• IIRF Ranking 2025: G-4

• 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 

• Location: Mumbai

• Program: MBA

• QS Global MBA Ranking 2025: -

• FT Global MBA Ranking 2025: -

• NIRF Ranking 2024: 10

• 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 Programme

12. IIM Rohtak - Indian Institute of Management, Rohtak 

• Location: Rohtak 

• Program: PGP/MBA 

• QS Global MBA Ranking 2025: -

• FT Global MBA Ranking 2025: -

• NIRF Ranking 2024: 12

• 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

• Location: Raipur 

• Program: PGP

• QS Global MBA Ranking 2025: -

• FT Global MBA Ranking 2025: -

• NIRF Ranking 2024: 14

• 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

• Location: Delhi 

• Program: MBA in International Business

• QS Global MBA Ranking 2025: -

• FT Global MBA Ranking 2025: -

• NIRF Ranking 2024: 15

• IIRF Ranking 2025: P-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

• Location: Madras 

• Program: MBA 

• QS Global MBA Ranking 2025: -

• FT Global MBA Ranking 2025: -

• NIRF Ranking 2024: 16

• 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 

• Location: Ranchi 

• Program: MBA 

• QS Global MBA Ranking 2025: - 

• FT Global MBA Ranking 2025: - 

• NIRF Ranking 2024: 17

• IIRF Ranking 2025: G-20

• 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

• Location: Roorkee 

• Program: MBA 

• QS Global MBA Ranking 2025: - 

• FT Global MBA Ranking 2025: - 

• NIRF Ranking 2024: 18 

• 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 

• Location: Kharagpur 

• Program: MBA 

• QS Global MBA Ranking 2025: - 

• FT Global MBA Ranking 2025: - 

• NIRF Ranking 2024: 19

• 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 

• Location: Udaipur 

• Program: MBA 

• QS Global MBA Ranking 2025: 201-250

• FT Global MBA Ranking 2025: - 

• NIRF Ranking 2024: 22

• 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 

• Location: Kashipur 

• Program: MBA 

• QS Global MBA Ranking 2025: - 

• FT Global MBA Ranking 2025: - 

• NIRF Ranking 2024: 23

• IIRF Ranking 2025: G-26

• Accreditations: AACSB

• Entrance Exams Accepted: CAT 

• Fees: ₹21.00 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, Executive MBA(Analytics), Ph.D, Executive Ph.D and Executive Post Graduate Diploma in Business Management (EPGDBM)