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India is home to some of the best business schools, many of which are not part of the famous IIMs but still offer top-quality education and excellent career opportunities. While the IIMs are widely regarded as the most prestigious, there are several other colleges that stand out for their strong academic programs, industry connections, and successful alumni.
- FMS Delhi (Faculty of Management Studies)
FMS Delhi, a premier business school of Delhi University, offers a two-year MBA program and a one-year Executive MBA. Admission to the MBA program is through CAT scores, and the cutoff for the General category usually hovers around the 98-99 percentile. The placement season at FMS Delhi is one of the best in the country, with average salaries around ₹25-27 LPA, while top salaries can exceed ₹50 LPA. The institute has an impressive list of recruiters, including McKinsey, BCG, Accenture, Amazon, and HUL. FMS has a strong academic rigor and a vibrant student body, making it one of the most sought-after business schools in India.
- JBIMS (Jamnalal Bajaj Institute of Management Studies)
Located in Mumbai, JBIMS is one of India’s oldest business schools, offering an MBA program. The entrance exam for JBIMS is primarily through CAT for all-India candidates, with a typical cutoff of 95-98 percentile. The placement records at JBIMS are exceptional, with an average salary of ₹22-24 LPA, and top salaries crossing ₹50 LPA. Recruiters such as Accenture, Deloitte, Goldman Sachs, and ICICI Bank frequently visit the campus. JBIMS is known for its industry links, rigorous curriculum, and its strong network of alumni, making it a popular choice for MBA aspirants.
- ISB Hyderabad (Indian School of Business)
ISB Hyderabad is an internationally recognized business school known for its Post Graduate Program (PGP). Admissions are based on GMAT/GRE scores, with a minimum GMAT score of 700+ typically required for competitive candidates. ISB has one of the best placement records in India, with average salaries ranging from ₹25-30 LPA and top salaries reaching ₹60 LPA and beyond. The school attracts top recruiters like Microsoft, McKinsey, Amazon, and JP Morgan. Its global reach, excellent faculty, and strong connections with top companies make ISB a premier choice for aspiring managers.
- XLRI – Xavier School of Management
XLRI Jamshedpur is renowned for its HR and Business Management programs. The entrance exam for XLRI is the Xavier Aptitude Test (XAT), and the cutoff for the General category typically ranges from 94-98 percentile. The placements at XLRI are exceptional, with average salaries around ₹24-26 LPA and top salaries exceeding ₹55 LPA. Leading companies like McKinsey, BCG, HUL, and ITC are regular recruiters. XLRI’s emphasis on leadership development, social responsibility, and strong industry connections makes it one of the top business schools in India.
- IIT Delhi (Indian Institute of Technology Delhi)
IIT Delhi offers an MBA program through its Department of Management Studies (DMS), admitting students based on their CAT scores. The cutoff for CAT is typically around 95-98 percentile. Placement records at IIT Delhi are impressive, with average salaries around ₹22-24 LPA and top salaries reaching ₹45-50 LPA. Top recruiters include companies like Google, Amazon, McKinsey, and Accenture. IIT Delhi is well-known for its academic excellence and strong industry links, offering an ideal platform for students looking to transition into the corporate world.
- Management Development Institute (MDI)
MDI Gurgaon, one of India’s leading business schools, offers a full-time Post Graduate Programme in Management (PGPM), admissions for which are through CAT scores. The typical cutoff is around 95-97 percentile. MDI has a stellar placement record, with average salaries ranging from ₹20-22 LPA and top salaries of ₹40 LPA and above. Leading recruiters include Accenture, Deloitte, P&G, and HUL. MDI’s focus on quality education, world-class faculty, and strong ties with industry leaders make it a top choice for MBA aspirants.
- Symbiosis Institute of Business Management (SIBM Pune)
SIBM Pune is one of the most prestigious institutes under the Symbiosis International University. It offers an MBA program, and admission is through the Symbiosis National Aptitude Test (SNAP). The typical cutoff for SNAP ranges from 95-98 percentile. The placements at SIBM are exceptional, with an average salary of ₹22-24 LPA, and top salaries exceeding ₹40 LPA. Leading recruiters such as Amazon, BCG, Deloitte, and PwC regularly visit the campus for recruitment. SIBM Pune’s rigorous curriculum, diverse student body, and strong industry linkages make it a highly coveted management school.
- Indian Institute of Foreign Trade (IIFT)
IIFT offers a specialized MBA in International Business, with admissions through the IIFT entrance exam. The cutoff typically falls between a score of 130-140 for the General category. The average salary of graduates from IIFT is around ₹22-25 LPA, with top salaries reaching ₹50 LPA and above. Recruiters like McKinsey, BCG, Amazon, and Google frequently hire IIFT graduates. IIFT is well known for its global perspective on business, with a particular focus on international trade and management, and its strong corporate connections.
- IIT Madras (Indian Institute of Technology Madras)
IIT Madras offers an MBA program through its Department of Management Studies (DoMS), and admission is through CAT scores, with a typical cutoff of 95-98 percentile. The average salary for MBA graduates from IIT Madras is around ₹22-24 LPA, while top salaries reach ₹40+ LPA. Leading companies like Google, Microsoft, and Accenture recruit from IIT Madras. With its strong reputation in both technology and management, IIT Madras is one of the most prestigious choices for aspiring managers.
- IIT Roorkee (Indian Institute of Technology Roorkee)
IIT Roorkee offers an MBA program through its Department of Management Studies, admitting students via CAT. The cutoff typically falls in the 95-98 percentile range. IIT Roorkee’s placements are strong, with average salaries around ₹20-23 LPA and top salaries going up to ₹40 LPA. Recruiters such as Google, Amazon, BCG, and Accenture regularly visit the campus. The institute’s blend of technological expertise and management education makes it a highly attractive option for MBA aspirants.
- IIT Kharagpur (Indian Institute of Technology Kharagpur)
IIT Kharagpur’s MBA program, offered through its Vinod Gupta School of Management (VGSoM), has a strong placement record. Admission is through CAT, with a typical cutoff of 95-98 percentile. Average salaries for MBA graduates are ₹20-22 LPA, with top salaries reaching ₹40 LPA or more. Major recruiters include Amazon, Accenture, Microsoft, and Google. The program integrates technical and managerial expertise, giving students a distinct advantage in both fields.
- S. P. Jain Institute of Management and Research (SPJIMR)
SPJIMR, located in Mumbai, offers a highly regarded MBA program. The admission process includes CAT/GMAT scores, with the cutoff generally between 90-95 percentile for CAT. SPJIMR’s placements are outstanding, with an average salary of ₹22-25 LPA and top salaries surpassing ₹50 LPA. Recruiters like McKinsey, BCG, Deloitte, and Google consistently visit the campus. SPJIMR is known for its strong academic focus, leadership development, and excellent industry connections, making it one of the top choices for management education.
- SVKM’s Narsee Monjee Institute of Management Studies (NMIMS)
NMIMS Mumbai is a leading private business school that offers a variety of management programs. The MBA program admits students based on the NMAT exam, with a typical score requirement of 210-220 for competitive candidates. Average salaries for NMIMS graduates are around ₹15-18 LPA, with top salaries reaching ₹35+ LPA. Leading recruiters include Amazon, Deloitte, Goldman Sachs, and Accenture. NMIMS is known for its strong industry ties, excellent faculty, and diverse student body.
- MICA (Mudra Institute of Communications Ahmedabad)
MICA, specializing in marketing and communications, offers a Post Graduate Diploma in Management (PGDM). Admissions are based on the MICAT (MICA Admission Test), and the cutoff typically lies around the 80+ percentile. Average salaries for MICA graduates are between ₹18-22 LPA, with top salaries reaching ₹35+ LPA. Companies like Nestle, Coca-Cola, and Vodafone regularly recruit from MICA. Its focus on marketing, communication, and creative business strategies makes MICA a unique choice for students interested in these fields.
- Great Lakes Institute of Management (GLIM)
Great Lakes Institute of Management, based in Chennai, offers a Post Graduate Program in Management (PGPM), with admissions through CAT/XAT/GMAT scores. The average salary for graduates is ₹14-18 LPA, with top salaries crossing ₹30 LPA. Leading companies such as Amazon, EY, Deloitte, and JP Morgan recruit from GLIM. Known for its strong faculty and industry interface, Great Lakes is a popular choice for students seeking a comprehensive management education.
- Goa Institute of Management (GIM)
Goa Institute of Management offers a Post Graduate Diploma in Management (PGDM) and admits students based on CAT/XAT/GMAT scores. The typical cutoff for admission is 85-90 percentile. Average salaries for GIM graduates are ₹14-18 LPA, and top salaries can exceed ₹25 LPA. Top recruiters include Deloitte, Cognizant, and Capgemini. GIM is known for its beautiful campus and strong industry connections, providing students with a comprehensive business education.
- International Management Institute (IMI)
IMI New Delhi offers a Post Graduate Diploma in Management (PGDM), with admissions through CAT/XAT/GMAT scores. The typical cutoff for CAT is between 90-95 percentile. The average salary for IMI graduates is ₹12-14 LPA, with top salaries reaching ₹25 LPA+. Major recruiters include Accenture, EY, KPMG, and Amazon. IMI has a solid academic track record and strong industry ties, making it a great choice for students looking for quality business education in New Delhi.
- Institute of Management Technology (IMT Ghaziabad)
IMT Ghaziabad is one of the leading business schools in India, offering a PGDM program. Admission is through CAT/XAT/GMAT scores, with a typical cutoff in the 90-95 percentile range. The average salary for IMT graduates is ₹12-16 LPA, with top salaries exceeding ₹30 LPA. Top recruiters include ITC, Cognizant, HUL, and EY. IMT is known for its strong academic curriculum, corporate connect, and a large pool of industry leaders who frequently recruit its graduates.
- Institute of Rural Management Anand (IRMA)
IRMA is a leading institution for rural and agricultural management education. Admission is through the IRMA Social Awareness Test (IRMASAT), with a typical cutoff of 80-85%. The average salary for IRMA graduates is ₹12-14 LPA, with top salaries reaching ₹20 LPA. Recruiters include NABARD, Amul, Accenture, and IFMR. IRMA has strong industry linkages with rural and development sectors, making it ideal for students interested in rural and social sector management.
- Fore School of Management
Fore School of Management in New Delhi offers a Post Graduate Diploma in Management (PGDM). Admissions are based on CAT/XAT/GMAT scores, with a typical cutoff of 85-90 percentile. The average salary for Fore School graduates is ₹12-15 LPA, with top salaries around ₹25 LPA. Major recruiters include Deloitte, Cognizant, Amazon, and ICICI Bank. Fore School offers a strong academic foundation and excellent industry connections, making it a top choice for MBA aspirants in Delhi.
- T. A. Pai Management Institute, Manipal (TAPMI)
TAPMI Manipal offers a Post Graduate Diploma in Management (PGDM) with admission through CAT/XAT/GMAT scores. The typical cutoff for CAT is 85-90 percentile. TAPMI graduates have an average salary of ₹14-16 LPA, with top salaries reaching ₹20+ LPA. Leading recruiters include HUL, Deloitte, and ICICI Bank. TAPMI is known for its strong academic curriculum and excellent industry relationships, providing a solid foundation for a career in management.
- Prin. L.N. Welingkar Institute of Management Development and Research (PGDM)
Welingkar Institute offers a Post Graduate Diploma in Management (PGDM) and admits students through CAT/XAT/GMAT scores. The typical cutoff is 85-90 percentile. The average salary for Welingkar graduates is ₹10-15 LPA, with top salaries exceeding ₹30 LPA. Major recruiters include Deloitte, KPMG, and HUL. Welingkar is known for its innovative curriculum and strong corporate connections, making it a popular choice among MBA aspirants.
- DoMS NALSAR (Department of Management Studies, NALSAR)
DoMS NALSAR offers a two-year MBA program and admits students through CAT scores. The cutoff typically lies around 85-90 percentile. The average salary for NALSAR MBA graduates is ₹10-12 LPA, with top salaries reaching ₹20 LPA. Top recruiters include Deloitte, PwC, and EY. DoMS NALSAR is known for its interdisciplinary approach to management education, offering a unique combination of law and management education.