India’s Private MBA Schools: Admissions, Costs, and Rankings

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India’s private MBA schools that charge fees

Do you want to get an MBA but don’t know where to start? Private MBA schools in India provide excellent programs, excellent faculty, and excellent placements. Let’s face it, though: costs can differ greatly, so it’s critical to understand what you’re getting into. Here is a quick overview of some of the top private MBA schools in India and their typical tuition costs to help you make better plans.

College NameFees (in Lakhs)
ISB, Hyderabad49.9
XLRI Jamshedpur30.6
SPJIMR Mumbai22.5
SIBM Pune27.77
MDI Gurgaon25
IMT Ghaziabad19.5
MICA Ahmedabad21
SCMHRD Pune26
NMIMS Mumbai24
Great Lakes Chennai21.8

India’s Private MBA Schools That Offer Placements

Would you like to enroll in an MBA program at a reputable Indian university? You’re still unsure, though, about your chances of finding employment or the average salary following an MBA. Then you’re covered by us. The average salary for private colleges is shown in the table below, along with the placement sectors so that you can make an informed decision.The Best Private

College NameAverage SalarySectors of Placements
Xavier School of Management, Jamshedpur₹29.89 LPAConsulting, Industrial Relations, and Human Resources
SPJIMR, Mumbai₹33 LPAFMCG, BFSI, Consulting, Pharma, and Tech
Indian School of Business, Hyderabad₹34.21 LPAProduct Management, Consulting, Sales & Marketing, Analytics
SIBM Pune28.16 LPAMcKinsey & Company, Accenture, Amazon
MDI Gurgaon₹26.18 LPAEY, Wipro, Deloitte, Accenture, Flipkart
SCMHRD Pune₹23.71 LPAAditya Birla Capital, ICICI, HSBC, DBS Bank
NMIMS Mumbai₹26.63 LPAJP Morgan, KPMG, IBM, Deloitte

India’s Top Private MBA Schools with the Highest ROI​

When choosing a college, return on investment (ROI) is just as important as reputation. ROI is directly correlated with the fees or total cost of earning an MBA. Therefore, be sure to know the ROI before deciding on the institution. Examine the top private MBA schools in India with ROI in the table below for a better understanding:

College NameAverage Package (INR)Median Package (INR)Fee Structure (INR)
SP Jain Institute of Management and Research, Mumbai₹33 LPA31.5 LPA (approx)₹21.62 Lakhs
Management Development Institute Gurgaon₹26.18 LPA25 LPA₹25 Lakhs
Xavier School of Management, Jamshedpur₹29.89 LPA29 LPA₹30.6 Lakhs

India’s Private MBA Schools That Accept CAT​

Want to enroll in a prestigious MBA program but can only get in by taking the CAT exam? There are private MBA schools in India that accept CAT, so don’t worry. Let’s investigate the best private MBA schools in India that take CAT results:

Institute NameLocation
ISB Hyderabad (YL Program)Hyderabad, Talengana
Management Development Institute (MDI), GurgaonGurgaon, Haryana
SP Jain Institute of Management & Research (SPJIMR)Mumbai, Maharashtra
MICA AhmedabadAhmedabad, Gujarat
Great Lakes ChennaiChennai, Tamil Nadu
IMT GhaziabadGhaziabad, UP
GIM GoaGoa

Private MBA Schools in India That Take the GMAT​

An entrance exam score is a prerequisite for admission to many private colleges in India. For executive programs, Indian colleges typically accept the GMAT score. However, many colleges only accept GMAT scores. Therefore, a candidate who has only passed the GMAT exam is eligible to enroll in one of the following universities:

Institute NameLocation
Xavier Labour Relations Institute (XLRI)Jamshedpur, Jharkhand
Management Development Institute (MDI), GurgaonGurgaon, Haryana
SP Jain Institute of Management & Research (SPJIMR)Mumbai, Maharashtra
ISB HyderabadHyderabad, Telangana
Great Lakes ChennaiChennai, Tamil Nadu
IMT GhaziabadGhaziabad, UP
GIM GoaGoa

India’s private MBA schools don’t require entrance exams.​

In India, earning a Master of Business Administration (MBA) degree is frequently seen as a path to successful employment and professional advancement. Admission to colleges is traditionally determined by passing entrance exams such as the CAT, XAT, GMAT, or any other exam recommended by the colleges. However, a lot of universities offer MBA programs that don’t require entrance exam results, making it easier to pursue a higher education. For more information, please see the table below.

Institute NameLocation
ICFAI University, TripuraMohanpur, West Tripura
Lovely Professional University (LPU), PunjabPhagwara, Punjab
Sikkim Manipal University, GangtokGangtok, East Sikkim
Amity University, NoidaNoida, Uttar Pradesh

India’s private MBA schools ranked by the NIRF​

The National Institutional Ranking Framework (NIRF) is used by the Indian government’s Ministry of Education to rank universities across the country. Knowing the NIRF ranking is necessary to understand where a given college stands in order to be admitted to an MBA program. You can find the NIRF rankings for Indian private colleges in the table below:

Institute NameNIRF 2024 Ranking
Xavier Labour Relations Institute (XLRI)9
Management Development Institute (MDI)11
Symbiosis Institute of Business Management (SIBM)13
S. P. Jain Institute of Management and Research (SPJIMR)20
NMIMS Mumbai21
MICA Ahmedabad32

Conclusion of private MBA programs in India by 2025

India’s private MBA schools provide top-notch management instruction with top-notch instructors, state-of-the-art facilities, and stellar placement rates. There are many private MBA schools to choose from, whether you want to attend prestigious schools like ISB, XLRI, or SPJIMR or are searching for more reasonably priced options with a strong return on investment. These institutions are very competitive and rewarding, with average salary packages as high as ₹34 LPA and strong industry connections.

Fees, return on investment, placement sectors, and eligibility tests like the CAT, GMAT, or direct admission are some of the factors that influence which college is best for you. While some prestigious private MBA schools admit students without entrance exams, many accept CAT and GMAT scores. You can better plan your MBA journey by being aware of the most recent NIRF rankings and fee structures. Utilize this comprehensive guide to evaluate and select the private MBA program that best suits your financial situation and professional objectives.

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