India has more than 120 top MBA colleges in 2026. These include leading IIMs, IITs, central universities, and private B-schools. Students can choose colleges based on NIRF 2025 rankings, Outlook-iCARE 2025 rankings, fees, placements, entrance exams, and specialisations.The most popular MBA entrance exams are CAT, XAT, MAT, CMAT, and ATMA.Top MBA Colleges in India: Highlights 2026Here is a quick overview:Total Top MBA Colleges: 120+Number of IIMs in India: 21Top Exams Accepted: CAT, XAT, MAT, CMAT, ATMATop Specialisations: Marketing, Finance, HR, Operations, IT & SystemsTop Colleges (NIRF 2025 & Outlook 2025)Indian Institute of Management AhmedabadIndian Institute of Management BangaloreIndian Institute of Management KozhikodeIndian Institute of Technology Delhi (DMS)Management Development InstituteXLRI Xavier School of ManagementFaculty of Management Studies DelhiMost non-IIM top colleges are located in Delhi NCR, Mumbai, Pune, Hyderabad, and other major cities.Top MBA Colleges in India: NIRF Ranking 2025 (Management)According to NIRF 2025 (Management Category), the top 10 MBA colleges in India are:Indian Institute of Management AhmedabadIndian Institute of Management BangaloreIndian Institute of Management KozhikodeIndian Institute of Technology Delhi (DMS)Indian Institute of Management LucknowIndian Institute of Management MumbaiIndian Institute of Management CalcuttaIndian Institute of Management IndoreManagement Development InstituteXLRI Xavier School of ManagementThese rankings are based on teaching quality, placements, research, and industry connection.Top 5 MBA Colleges: Outlook-iCARE 2025As per Outlook 2025:Indian Institute of Management AhmedabadIndian Institute of Management BangaloreIndian Institute of Management CalcuttaJamnalal Bajaj Institute of Management StudiesPuducherry UniversityMBA Admission 2026: Basic EligibilityTo get admission in top MBA colleges:You must complete graduation in any stream.Minimum 45–50% marks are required.You must clear an entrance exam (CAT is most common).MBA Entrance Exams 2026Top exams for MBA admission:CAT (Common Admission Test) – Accepted by IIMs and many top collegesXAT – Accepted by XLRI and other institutesCMAT – Accepted by AICTE-approved collegesMAT – Conducted multiple times a yearATMA – Accepted by many private collegesTop MBA Colleges Accepting CAT ScoresMany top colleges accept CAT score:Indian Institute of Management Ahmedabad – Fees: ~INR 25 LakhIndian Institute of Management Bangalore – Fees: ~INR 25 LakhIndian Institute of Management Kozhikode – Fees: ~INR 21 LakhIndian Institute of Management Lucknow – Fees: ~INR 13 LakhIndian Institute of Technology Delhi (DMS) – Fees: ~INR 11 LakhTop Private MBA Colleges in India (2026)Below is a list of some of the top private MBA colleges in India for 2026, along with their approximate fees and eligibility criteria.1. Bennett UniversityTotal MBA Fees: INR 12,45,000Eligibility Criteria:Candidate must have passed Graduation in any discipline from a recognised university.Minimum 50% marks in graduation.English should be the medium of instruction.Valid score in CAT / XAT / MAT / NMAT / CMAT / GMAT (as per university norms).2. XLRI Xavier School of ManagementTotal MBA Fees: ~INR 28.60 LakhEligibility Criteria:Bachelor’s degree of minimum 3 years duration in any discipline.Recognised by a university or equivalent institution.Final-year students can also apply.Valid XAT score is mandatory for admission.3. Management Development InstituteTotal MBA Fees: ~INR 26 LakhEligibility Criteria:Minimum 3-year bachelor’s degree in any discipline.At least 50% aggregate marks or equivalent CGPA.Final-year students may apply.Valid CAT score required for admission.4. Symbiosis Institute of Business Management PuneTotal MBA Fees: ~INR 24.20 LakhEligibility Criteria:Graduate from a recognised university with minimum 50% marks (45% for reserved category).Final-year students can apply.Valid SNAP score required for admission.5. S P Jain Institute of Management and ResearchTotal MBA Fees: ~INR 24 LakhEligibility Criteria:Bachelor’s degree with at least 50% marks from a recognised university.Final-year students are eligible to apply.Valid CAT / GMAT score required.Selection process includes profile-based shortlisting, group interview, and personal interview.Top Government MBA Colleges in IndiaIndian Institute of Management AhmedabadIndian Institute of Management BangaloreIndian Institute of Management CalcuttaIndian Institute of Technology Delhi (DMS)Indian Institute of Management KozhikodeTop Distance MBA CollegesXLRI Xavier School of Management – ~INR 14 LakhSRM Institute of Science and Technology – ~INR 60,000National Institute of Agricultural Extension Management – ~INR 15,000Indian Institute of Finance – ~INR 2 LakhIndira Gandhi National Open University – ~INR 62,000MBA Fees vs Average Salary (ROI)Here is a simple comparison:Indian Institute of Management AhmedabadFees: ~INR 25 LakhAverage Salary: ~INR 31–32 LPAIndian Institute of Management BangaloreFees: ~INR 24.50 LakhAverage Salary: ~INR 32 LPAIndian Institute of Management CalcuttaFees: ~INR 25 LakhAverage Salary: ~INR 31 LPAS P Jain Institute of Management and ResearchFees: ~INR 24 LakhAverage Salary: ~INR 30 LPAXLRI Xavier School of ManagementFees: ~INR 28.60 LakhAverage Salary: ~INR 28 LPAAffordable MBA Colleges in IndiaIf you want low fees MBA options:Jamia Millia Islamia – ~INR 47,000Banaras Hindu University – ~INR 99,000Panjab University – ~INR 88,000Indian Institute of Technology Roorkee – ~INR 20,000Tezpur University – ~INR 63,000Top MBA SpecialisationsMost popular MBA specialisations:Sales & MarketingFinanceHuman ResourcesOperationsBusiness AnalyticsIT & SystemsInternational BusinessSupply ChainMarketing and Finance are offered by the highest number of top colleges.India has many excellent MBA colleges in 2026. While IIMs are the most famous, many other government and private colleges also offer strong placements, good ROI, and quality education.Before choosing a college, check:Ranking (NIRF, Outlook)FeesAverage placement salaryEntrance exam acceptedLocationSpecialisation offeredChoose wisely based on your budget, career goals, and exam score.