Business Schools in India: As reported by MHRD-NIRF rankings 2024, the top business schools in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Delhi.
.Indian government releases an annual ranking of top MBA colleges in India under the National Institutional Ranking framework or NIRF. Placements, inclusivity, Graduation outcomes are all elements to contemplate.
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Top 5 Business Schools in India
Indian Institute of Management (IIM) Ahmedabad
- Location: Vastrapur, Ahmedabad
- Entrance:
CAT and GMAT are the two main exam scores that are accepted here.
Class 10th and 12th scores are considered in this b-school and then the final call is based on one composite score all combined.
The Common Admission Process, or CAP 2025, is the final selection round for MBA admission 2025 in the New IIMs. Personal interview (PI) and writing ability test (WAT) are the two main components of CAP.
- Average Cut-off: 99-100%
- Fees: For candidates opting for SSH (single student housing) student accommodation, the program fee for the batch 2024–2025 is 34.5 lakhs. However, it depends from course to course.
- Placement: IIM Ahmedabad has gained 34-36 LPA in average salary and 1Cr in the highest placements in 2025.
The highest international package is up to the $145,000 (1.46 Cr) from the US $135,000 last year.
The average international package is approximately US $123,000 – $126,000 (1.02Cr)
Indian Institute of Management (IIM) Bangalore
- Location: Bannerghatta Road, Bangalore
- Entrance:
Students necessitate having a bachelor’s degree with a 50% (minimum) or an equivalent CGPA (45% for candidates who are from SC/ST/PwD category).
Candidates are expected to have appeared in CAT with a minimum score for the consideration of admission.
- Average Cut-off: 99-100%
- Fees: For 2 years, Rs.23,00,000, which includes tuition, library, medical insurance, personal accident insurance, and alumni activities.
- Placement: IIM Bangalore Placement witnessed higher salary packages than last year, with a rise of 10.7% in salary
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Indian Institute of Management (IIM) Calcutta
- Location: Joka, Kolkata, West Bengal, India
- Entrance: CAT, GMAT, MAT
Students must have a Bachelor’s Degree with a minimum of 50% or equivalent CGPA
Students who are appearing for the last year examination of the qualifying exam are also can apply for CAT examination 2025 and the admission process for IIM-C.
Candidates will be chosen for the Written Ability Test and Personal Interview based on their CAT 2024 score, past academic illumination. Category-based relaxation is available.
- Average Cut off: 98-99%
- Fees: For the academic year 2024-25, the programme fee will be Indian Rs.27,00,000. This amount includes tuition fees and the cost of course materials, books, accommodation, and economy airfare for study tours organised by IIM-C.
- Placement:
- Highest domestic package was : 91.45 LPA
- Average domestic package was : 34-35LPA
- Highest international package was : 1.45 Cr
- Average international package was : 45LPA
Indian Institute of Management (IIM) Kozhikode
- Location: Calicut, Kerala
- Entrance: This process is the same as all IIMs. it works like
The candidate should have completed post-graduation from a recognised university in any discipline with a minimum grade point average.
SC/ST/PWD candidates are allowed a relaxation of 5% on the minimum mandated marks.
A valid CAT, GRE, or GMAT score will be required.
- Average Cut-off: 95-98%
- Fees:
The total programme fee is Rs.20,00,000/-, payable in instalments which include programme delivery, books and instruction materials, simulations, and access to all on-campus facilities such as the library resources.
- Placement:
The highest domestic salary was Rs 72.02 LPA
The Average domestic salary was Rs 28-30 LPA
Indian Institute of Technology (IIT) Delhi
- Location: New Delhi, Delhi
- Entrance:
For admission 2025, IIM New Delhi will accept XAT exam scores based on them, along with CAT and GMAT (not more than three years old) scores.
Past Academic Performance
Diversity is measured across multiple dimensions: work experience, etc.
Final Selection 2025 is based on the Personal Assessment round, which will have components like Essay Writing and Personal Interview.
- Average Cut off: 90-95%
- Placements:
IIM New Delhi has a consistent record of strong placements.
Highest domestic salary: ₹33 LPA
Average salary: ₹14.71 LPA
Highest international package hit ₹2.5 Crore for the 2021–23 batch
The stipend may vary according to the subject you have chosen to specialised in.
Top 5 Business Schools in India: Frequently Asked Questions (FAQs)
- Which is the best IIM in India?
As per NIRF rankings, IIM Ahmedabad ranks 1st among all the B schools in India.
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- How many IIMs are there in India?
This brings the total number of IIMs to 20. IIM-Jammu is the latest one, starting in 2016.
- Which IIM has the highest package?
IIM Ahmedabad students have the highest domestic salary offered was Rs.55.88 LPA. And the highest international package offered Rs1.32 CPA.