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Top 10 MBA Colleges You Can Apply to After CAT 2025 as per NIRF Rankings 2025

National Institutional Ranking Framework (NIRF) ranks the best educational institutions in the country based on different parameters. In this guide, we’ve curated the top MBA colleges after CAT 2025, their strengths, and why they should be on your list if you’re serious about building a world-class career in the field of management.
Swarnim Kasana

Updated Sep 26, 2025 | 04:56 PM IST
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Dreaming of an MBA? You've got the list of the best, but what makes each of these elite institutions truly unique? Cracking the CAT 2025 exam is half the work; the actual battle is when you sit down to choose which MBA college has the next two years of your life. With India boasting hundreds of B-schools, selecting the right one can be daunting.
That's where the NIRF 2025 rankings step in, providing you with a reliable idea of the top MBA colleges in the country.

List of Top MBA Colleges After CAT 2025 (NIRF Ranking)

If you plan on pursuing an MBA after CAT 2025, these institutes are some of the finest in the country. They are ranked in the Ministry of Education’s NIRF rankings 2025, and they are the best academic, placement, and industry-connected colleges one can consider. Let's examine which MBA colleges to prepare for this year.
Rank Institute City State NIRF Score Admission Through CAT
1 IIM Ahmedabad Ahmedabad Gujarat 83.29 Yes
2 IIM Bangalore Bengaluru Karnataka 81.56 Yes
3 IIM Kozhikode Kozhikode Kerala 79.85 Yes
4 IIT Delhi (DMS) New Delhi Delhi 78.94 Yes
5 IIM Lucknow Lucknow Uttar Pradesh 77.97 Yes
6 IIM Mumbai Mumbai Maharashtra 77.58 Yes
7 IIM Calcutta Kolkata West Bengal 77.34 Yes
8 IIM Indore Indore Madhya Pradesh 75.68 Yes
9 MDI Gurugram Gurugram Haryana 71.96 Yes
10 XLRI Jamshedpur Jamshedpur Jharkhand 70.63 XAT (but include for aspirants exploring beyond CAT)
Situated in Ahmedabad, IIM Ahmedabad is India's jewel of management education. Renowned for its case-study approach, it trains students to be problem-solving leaders fit for international challenges. PGP, PGP-FABM, and Executive programmes are offered by the institute with specialisations in Finance, Marketing, Operations, Strategy, and Analytics.
Fees: ~₹23–25 Lakh (2-year PGP)
Highlights: High placements, international alumni network, excellent entrepreneurship support
Courses Offered:
  • MBA (PGP): Two-year Post Graduate Programme in Management (flagship, general management)
  • MBA-FABM: Post Graduate Programme in Food & Agri-business Management
  • MBA-PGPX: One-year Post Graduate Programme for Executives

Indian Institute of Management Bangalore

IIM Bangalore blends tough academics with active campus life. Its location in India's IT hub ensures great industry exposure. Courses include PGP, Executive PG, and Fellow Program, with focus on Technology Management, Consulting, and Finance.
Fees: ~₹23–25 Lakh (2-year PGP)
Highlights: Global exchange programs, leadership training, strong recruiter base
Courses Offered:
  • MBA (PGP): Two-year Post Graduate Programme in Management (general management with a wide choice of electives)
  • MBA in Business Analytics (MBA-BA)
  • PGPEM: Post Graduate Programme in Enterprise Management (for working professionals)
  • PGPPM: Post Graduate Programme in Public Policy and Management

Indian Institute of Management Kozhikode

IIM Kozhikode is renowned for its culturally diverse student base and innovative pedagogy. The 2-year PGP course focuses on problem-solving in real-life scenarios, while electives include Finance, Marketing, HR, Operations, and Analytics.
Fees: ~₹17–19 Lakh
Highlights: Improved NIRF ranking, strong industry connections, emphasis on digital and analytics capabilities
Courses Offered:
  • MBA (PGP): Two-year Post Graduate Programme in Management (general management)
  • Executive MBA (EPGP): For working professionals (blended/online + campus modules)
  • MBA in Finance
  • MBA for Working Executives (Kochi Campus)

Indian Institute of Technology Delhi

DMS at IIT Delhi offers a unique tech + management blend, ideal for students eyeing careers in consulting or technology-driven businesses. Programs include MBA, Executive MBA, and Fellow programs.
Fees: ~₹17 Lakh
Highlights: Strong ROI, access to IIT Delhi’s research ecosystem, focus on tech-management integration
Courses Offered:
  • MBA (General): Full-time, focus on Information Systems, Finance, Marketing, HR, Operations, etc.
  • MBA in Telecommunication Systems Management: Specialized sectoral program
  • Executive MBA, Ph.D. in management studies, Management Development Programs (MDP).

Indian Institute of Management Lucknow

IIM Lucknow strikes a balance between scholarship and industry preparedness. It is famous for its Finance and Operations courses and provides PGP, Executive programs, and IPMX (for senior professionals).
Fees: ~₹18–20 Lakh
Highlights: Good alumni network, good placement record, cosmopolitan campus culture
Courses Offered:
  • MBA (PGPM): Two-year flagship Post Graduate Programme in Management
  • MBA in Agribusiness Management (PGP-ABM)
  • MBA in Sustainable Management (PGP-SM)
  • Executive MBA (WMP/PGPWE), IPMX (International Programme in Management for Executives)

Indian Institute of Management, Mumbai

Also called formerly as ITIE, IIM Mumbai focuses on Operations and Supply Chain Management. It has PGP in Management and Executive programs, with increasing fame in Analytics and Strategy.
Fees: ~₹19–21 Lakh
Highlights: Industry-focused curriculum, excellent ROI, operations excellence focus
Courses Offered:
  • MBA (General Management): Two-year post-graduate management program
  • MBA in Operations and Supply Chain Management
  • MBA in Sustainability Management
IIM Calcutta, in the financial capital, is known for Finance and Analytics courses. Its PGP course has a focus on leadership, strategy, and international experience.
Fees: ~₹23–25 Lakh
Highlights: Strong placements in finance, international reputation, and high campus life
Courses Offered:
  • MBA (PGP): Two-year Postgraduate Programme in Management (flagship)
  • PGDBA: Post Graduate Diploma in Business Analytics (joint with ISI Kolkata and IIT Kharagpur)
  • Executive MBA (PGPEX), executive, certificate, and doctoral (FPM) programs.
IIM Indore is an early mover in the 5-year Integrated Program in Management (IPM) and a typical 2-year PGP. It has an emphasis on entrepreneurship, consulting, and technology skills.
Fees: ~₹16–18 Lakh
Highlights: Flexible curriculum, strong industry connections, focus on innovation
Courses Offered:
  • MBA (PGP): Two-year Post Graduate Programme in Management
  • IPM: Five-year Integrated Programme in Management (B.A. + MBA dual degree)

Management Development Institute

MDI Gurugram is one of the leading private B-schools with good programs in HR, Marketing, and General Management. Its PGP, Executive PGP, and Fellowship programs have recruiters from leading corporates.
Fees: ~₹16–18 Lakh
Highlights: Corporate-centric curriculum, close to the Delhi NCR job market, robust HR program
Courses Offered:
  • PGPM (equivalent to MBA): Post Graduate Programme in Management
  • PGP-HRM: Post Graduate Programme in Human Resource Management
  • PGP-IM: Post Graduate Programme in International Management (with global dual degree)

XLRI - Xavier School of Management

XLRI is India's oldest B-school, renowned for its HRM and Business Management courses. Although XAT is the key test, it is extremely relevant for CAT aspirants considering private B-schools.
Fees: ~₹22–24 Lakh
Highlights: Best HR and leadership courses, powerful alumni base, rich heritage
Courses Offered:
  • PGDM (BM): Post Graduate Diploma in Business Management (general management)
  • PGDM (HRM): Post Graduate Diploma in Human Resource Management (flagship)
  • Executive PGDM (General, part-time for working professionals)
  • Global MBA (international pathway in partnership with international B-schools)
Prior to the Indian Institutes of Management (IIM) Act, 2017, autonomous institutions, including the IIMs, MDI, and XLRI, could only award a Post Graduate Diploma in Management (PGDM) since only a university could grant a degree (MBA).
After the 2017 Act, a number of IIMs were given the ability to confer degrees, and several IIMs began the shift in thinking about their flagship programs and conferred an official MBA degree.
In the Indian job market, a PGP or PGDM from a tier one, recognized institution is generally accepted as equivalent to an MBA for all intents and purposes related to hiring and salary.
The only distinction is legal - the MBA is a degree offered by a university, and PGDM (and often PGP) is a diploma offered by a standalone institution. For some government employment opportunities or higher studies abroad, the formal 'degree' status of an MBA is likely preferable; however, the vast majority of corporate recruiters rarely distinguish between a top PGDM degree and an MBA.
Numerous colleges have now started a credible MBA program, but these 10 are the only top-tier. Gaining admission to a top MBA college after CAT 2025 isn't just a seat at a college; it is a ticket to a lifetime of open opportunities, connections, and leadership.
Whether your dream college is IIM Ahmedabad, IIM Bangalore, or XLRI, aligning your ambitions with the right institution is the first important step. So study hard, think big, and know that the right MBA college will not just give you a degree, it will also define the leader you will become.

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