What are the top 5 MBA Colleges in India except IIMs?

When we talk about the best MBA colleges in India, IIMs are generally the first name that comes to our mind. Over the years, the fascination with IIMs has only grown further, evidenced by more than 2 lakh candidates who appear for the CAT exam every year to compete for nearly 5,000 seats in the top IIMs across the country.

That said, the last two decades have seen a rise in the number of colleges offering MBA courses to students. Most of them are at par with the IIMs and provide quality education with multiple opportunities for career growth.

In this article, we shall talk about five top MBA colleges in India that give tough competition to IIMs.

1. Faculty of Management Studies, Delhi

A constituent of the University of Delhi, FMS is one of India’s best MBA colleges based on return on investment (ROI). Admission to the college is based on the candidate’s CAT score and shortlisting, a method quite similar to the IIMs.

Candidates scoring more than 50% aggregate at the undergraduate level can apply to the programs offered here, after which they’ll need to pass a GD/PI round for admission.

FMS offers a full-time MBA, an Executive MBA, and multiple other doctoral research programs for its students.

Placement opportunities by companies like Axis Bank, Capgemini ELITE, ITC, and IBM have also played an essential role in propelling FMS on the list of top MBA colleges in India.

2. Jamnalal Bajaj Institute of Management Studies, Mumbai

Counting Chanda Kochhar, Mani Ratnam, and Siddharth Roy Kapoor as alumni, JBIMS Mumbai is one of the top MBA colleges in India. A constituent department of the University of Mumbai, it blends theoretical and practical knowledge to create a well-rounded learning experience.

Offering programs such as Masters of Management Studies, MHRD, M.Sc. in Finance, and a part-time MBA for students to start their career in management, it also has a comprehensive library with more than 40,000 books.

3. Mudra Institute of Communication, Ahmedabad

Known for its academic record in fields such as marketing and communication, MICA has been one of the best MBA colleges in India for the past two decades now. In addition to the regular MBA, it also offers fellowship programs alongside various postgraduate diplomas & certificates.

Admission to the college is based on a candidate’s CAT/GMAT/XAT score, followed by marks in the MICAT exam. Once shortlisted, they’re invited to the GD/PI round, after which their admission is confirmed.

4. Institute of Management Technology, Ghaziabad

A fully autonomous college, IMT Ghaziabad offers students multiple postgraduate, executive education, and doctoral research programs. Like other top MBA colleges in India, admissions here are based on a candidate’s CAT/XAT score, post which they need to appear for a personal interview round.

Students applying here can choose from six AICTE-approved postgraduate courses, after which they can easily get placed with companies like Deloitte, PwC, Accenture & Google.

5. Department of Management Studies – IIT Delhi

Spread across an area of 320-acres, DMS often finds itself in the list of best B-schools in India. Founded in 1993 as a subject-related department at IIT-Delhi, it offers a two-year-long, full-time MBA program in addition to an Executive MBA and MDP program. Students can also apply for completing their PhD. from the college.

To get admission, the candidate must clear the CAT exam, post which they can enroll in the course of their choice. With a robust research pedagogy and infrastructure, DMS has slowly turned out to be one of the top MBA schools in India.

Final Thoughts

Some top MBA colleges in India have a curriculum and learning experience that is quite similar to the IIMs.

Most of them have an exceptional placement record, coupled with extensive course pedagogy and placement support. If a candidate cannot make the cut at the IIMs, they can easily apply to these colleges and pursue a high-paying career in management.

Check out All MBA Colleges in India at

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