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Top MBA Colleges in South India
April 05 2024

It is important to shortlist the right MBA programme and specialization as well as the right college in order to give your career a boost. With advanced cities like Bangalore, Hyderabad, Chennai, and others, the job prospects after MBA are fruitful. Targeting the top MBA colleges can brighten your chances of securing admission in good colleges. However, for aspirants who are looking for top MBA colleges in South India, the following are some of the institutes that you can consider.

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Top MBA Colleges in North India

South India can be well called the capital of education in India. Various MBA institutes are situated in key cities of Hyderabad, Chennai, Bangalore, and Coimbatore. Apart from government institutes, private engineering colleges in South India have also been included in this list.

List of management colleges in Delhi

List of Top MBA Colleges in South India

Indian Institute of Management (IIM), Bangalore

Location: Bangalore

Fees: Rs. 21,00,000

Exams: CAT

Indian Institute of Management Bangalore (IIM Bangalore or IIMB) is a public business school and Institute of National Importance located in Bangalore, India. IIMB is a globally ranked institute as per the QS World University Rankings and Financial Times Global MBA Rankings. The institute offers Post Graduate, Doctoral, Executive Education, and Certificate Programmes. The MBA programme is the flagship programme of the institute and is offered in three modes – one-year full time, two-year full time and executive (weekend). The Post Graduate Programme in Management (PGP), a two-year, full-time residential MBA programme, is offered to candidates admitted through the Common Admission Test (CAT). IIM Bangalore offers the Executive Post Graduate Programme in Management (EPGP), a one-year full-time MBA programme for candidates admitted through the Graduate Management Admission Test (GMAT).

Indian School of Business

Location: Hyderabad

Fees: Rs. 18.16 lakh

Exams: GMAT

Indian School of Business (ISB) is a private business school established in India in 2001. It has two campuses, in Hyderabad (Telangana) and Mohali (Punjab). It offers certificates in various post-graduate management programs.[6] ISB became the 100th Triple Accredited business school in the world (AMBA, EQUIS, AACSB) upon achieving AMBA accreditation on 12 May 2020. Worldwide, the Financial Times has ranked ISB No. 28 in its Global MBA Ranking 2020. The QS Global 250 MBA Rankings 2020 ranked ISB at No. 98 worldwide and No. 12 in Asia. ISB has secured the 7th position globally in the Forbes Best Business Schools 2019 rankings

Indian Institute of Management (IIM), Kozhikode

Location: Kozhikode

Fees: Rs. 10 lakh to Rs. 16 lakh

Exams: CAT

The Indian Institute of Management Kozhikode (IIM Kozhikode or IIMK) is an autonomous public business school located in Calicut (Kozhikode), Kerala. This institute is one of the top MBA colleges in South India, which was set up in 1996 by the Government of India in collaboration with the State Government of Kerala, is one of the 20 Indian Institutes of Management (IIMs). It was the fifth IIM to be established. The two-year MBA is the flagship education program that aims to prepare young graduates for senior-level positions in the industry. The institute stresses a rigorous evaluation system and “learning to learn” approach through self-study, group work, open-ended discussions, and real-life projects.

Indian Institute of Management (IIM), Tiruchirappalli

Location: Tiruchirappalli

Fees: Rs. 14 lakh to Rs. 18 lakh

Exams: CAT

The Indian Institute of Management Tiruchirappalli (also known as IIM T or IIM Trichy) is a public graduate business school located on Tiruchirappalli-Pudukkottai National Highway 336, Tamil Nadu, India.  IIM Trichy offers a two-year full-time residential Post Graduate Programme in Management (PGPM), a two-year Post Graduate Programme in Business Management (PGPBM) for working executives at the Chennai campus, and a Fellow Programme in Management (FPM) for Doctor of Business Administration candidates. In the year 2020, IIM Trichy launched a Post Graduate Programme in Human Resources Management (PGPM-HR) at its Trichy campus.

Indian Institute of Technology Madras (IIT-M)

Location: Chennai

Fees: Rs. 6 lakh

Exams: CAT

Indian Institute of Technology Madras (abbreviated IIT Madras) is a public technical and research university located in Chennai, Tamil Nadu. As one of the Indian Institutes of Technology (IITs), it is recognized as an Institute of National Importance. Founded in 1959 with technical and financial assistance from the former government of West Germany, it was the third IIT established by the Government of India. IIT Madras has been ranked as the top engineering institute in India for five years in a row (2016–2020) by the National Institutional Ranking Framework of the Ministry of Human Resource Development.

Great Lakes Institute of Management

Great Lakes Institute of Management, Chennai, was established in 2004 by the Visionary Management Guru Padma Shri Dr. Bala V Balachandran – JL Kellogg Distinguished Professor of Accounting Information & Management, Kellogg School of Management at Northwestern University, USA. Great Lakes was founded with the objective of creating management professionals equipped to navigate the business challenges of the future. The institute is one of the pioneers in introducing the one-year full-time MBA (PGPM) in India. Great Lakes has also been responsive to changing industry dynamics by being the first to introduce specializations such as Analytics, AI, Machine Learning & Blockchain in management programs. With a global faculty pool, innovative curriculum, application-oriented teaching-learning pedagogy, and strong engagement with corporate leaders, Great Lakes provides a holistic learning experience to its students right from day one.

Great Lakes Institute of Management, Gurgaon, was founded in 2010 as the 2nd campus to Great Lakes Chennai. The Gurgaon campus was strategically set up in the industrial hub of the country – Delhi NCR – to engage extensively with the established Fortune 500s and new-age businesses in the region.

Aspects evaluated together during the application phase:
1. Past Academic Performance
2. Professional Track Record (for candidates with work experience)
3. Application Essay – Statement of Purpose (PGPM Only)
4. Diversity
5. Entrance Test Scores – CAT, XAT, GMAT, CMAT (best score would be considered in case multiple scores are submitted)

Aspects evaluated through AWT:
1. Reasoning Skills
2. Clarity of Thought
3. Written Communication Skills

Aspects evaluated through PI:
1. General & Business/Industry Awareness
2. Attitude, Motivation & Thought Process
3. Initiatives taken during Past Academic days and at Workplace
4. Past achievements
5. Leadership potential

Great Lakes Admissions process in its entirety aims to select well-rounded, highly motivated, and consistently high-performing individuals for its programs solely on the basis of overall merit. The process has no provision for reservations of any kind and all applicants are evaluated on a fair basis. To encourage diversity in class, the Great Lakes Institute of Management also offers diversity and merit-based scholarships worth up to INR 2 Crores for the PGPM program.

Application Deadlines for Admissions 2022

Cycle 2 App. Deadline: PGPM & PGDM: 12th Jan, 2022

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ICFAI Business School

Location: Hyderabad

Fees: Rs. 15 lakh


ICFAI Business School (IBS) Hyderabad was established in 1985. It is ranked 25 for MBA by NIRF 2020, 8 for Private MBA by Outlook 2020, and 25 for BBA by India Today 2020, IBS Hyderabad is considered among top business schools in India. It is a member of the Association to Advance Collegiate Schools of Business (AACSB)-the USA, accredited to NAAC with ‘A’ grade, has been re-accredited by SAQS (South Asian Quality Standards), is rated A** by CRISIL (national-level) and has received EB2 IN by ICRA. Known for its flagship MBA programme, IBS Hyderabad also offers BBA, BA, E-MBA, and Ph.D. programmes in the field of Management. This institute offers one of the largest MBA programmes in Asia. The academic units of IBS Hyderabad are organized into five departments, namely Finance & Accounting, Marketing & Strategy, Economics, Operations & IT and Human Resources and Soft Skills

Xavier Institute Of Management & Entrepreneurship

Location: Kochi

Fees: Rs. 16 lakh


Xavier Institute of Management and Entrepreneurship (XIME) is a private business school with three fully residential campuses, in Bangalore, Kochi, and Chennai, all in India. The Institute pioneered the Association of BRICS Business Schools (ABBS, estd. 2008) which is a platform for management education in Brazil, Russia, India, China, and South Africa. XIME offers a two-year PGDM course with specialization in Marketing, Finance, HR, Operations, and Business Analytics. XIME Banglore also offers PGCM in Construction Management and Healthcare Management. Ranked 45th best in South India by Outlook-ICARE India MBA Rankings 2020

ISME – Bangalore

ISME established in 2006, is an institution approved by AICTE, a body under the Ministry of Human Resource Development, Government of India. We are accredited by the National Body of Accreditation (NBA), India, an autonomous body to assess and assure the quality and standards of professional education.

ISME is a leading business school offering excellent education through a student-focussed culture of excellence, international outlook, entrepreneurial thinking, and industry alignment. ISME is part of the NVT Group, an ISO accreditation body that has certified companies for over 25 years across 36 countries. ISME was founded in 2006 by alumni from CMU, Purdue, and Wharton, USA.

At ISME, we focus on attaining global standards in management education providing quality inputs and academic excellence. The Institute has been consistently ranked among the top B-schools in India. The Founder Directors of ISME are alumni of Carnegie Mellon University, Purdue, and Wharton, USA. Many of our faculty have international experience and are alumni of top colleges from India and abroad. The world-class infrastructure, an open and nurturing learning environment is an embodiment of the spirit of excellence which is a hallmark of ISME. Over 1500 ISME alumni are working in India and abroad.

Over the years, ISME has also been conferred with reputable rankings, some of which are:

  • Ranked 39th all India by Times B-School Ranking 2019.
  • Ranked 3rd best B School of Eminence in India, 8th best B School in Karnataka by Competition Success Review in 2019. CSR Ranking
  • Ranked 25th Best B-School in India by Business India, 2020 (Business India Ranking)
  • Awarded “Management College of the year” for Best ROI by Higher Education Review, 2020.

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ICFAI Business School (IBS)

Since its inception in 1995, IBS has been one of the best B-Schools in the country, providing excellent academic delivery and infrastructure to its students. At IBS, we offer innovative and globally accepted programs and great opportunities for all-round development. 100% case-based learning is unique to IBS. IBS transforms its students into leaders of the future.

IBS Hyderabad, is a constituent of the ICFAI Foundation for Higher Education (IFHE), which was declared a deemed to be University under section 3 of the UGC Act, 1956. The programs offered at IBS Hyderabad are Two year full time MBA program and PhD program.

IBS campuses are located at Ahmedabad, Bengaluru, Gurgaon, Kolkata, Mumbai and Pune. They offer two-year, full-time Management Programs to prepare the students and equip them for successful corporate careers. These campuses are independent professional institutions and are neither affiliated to nor are off-campus centres of any university.

IBS Dehradun is a constituent of the ICFAI University, Dehradun. ICFAI University, Dehradun is established through an Act of the State Legislature of Uttarakhand and is recognized by UGC under Section 2(f) of the UGC Act. IBS Dehradun offers the MBA program.

IBS Jaipur is a constituent of the ICFAI University, Jaipur. The ICFAI University, Jaipur has been notified by the Government of Rajasthan (Act No. 20 of 2011). IBS Jaipur offers the MBA program.

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Loyola Institute of Business Administration (LIBA)

Location: Chennai

Fees: Rs. 11.5 lakh

Exams: CAT, XAT

Loyola Institute of Business Administration (LIBA) is a private business school in Chennai, Tamil Nadu, India, was founded by the Society of Jesus (Jesuits) in 1979. It is situated on the Loyola College, Chennai, campus and run by the Loyola College Society. Loyola Institute of Business Administration was ranked 50 by the National Institutional Ranking Framework (NIRF) management ranking in 2020. LIBA offers a two-year, full-time PGDM program, approved by the AICTE and recognized as equivalent to an MBA degree by the Association of Indian Universities (AIU). LIBA also offers a full-time MBA (PGDM) program (2 years), part-time MBA (PGBM) program (3 years), various executive diploma courses, and certificate programs in various management subjects. It is a resource center for doctoral programs offered in affiliation with the University of Madras.

T. A. Pai Management Institute (TAPMI)

Location: Manipal

Fees: Rs. 17 lakh


T.A. Pai Management Institute (TAPMI) is a private autonomous business school in India. It was established in 1980 and is located in the university town of Manipal in Karnataka. It is the fifth management institute in India with dual accreditation of Association to Advance Collegiate Schools of Business (AACSB) and Association of MBAs (AMBA) and is one of the top MBA colleges in South India. TAPMI’s programmes include a two-year residential post-graduate diploma in management including specialization in human resources, banking and financial services, marketing & sales, a Ph. D. programme, and an 18-month joint TAPMI and University of Dubai MBA programme. TAPMI collaborates with a number of business organizations to provide continuous learning and education to their executives.

Great Lakes Institute of Management

Location: Chennai

Fees: Rs. 11.4 lakh


Great Lakes Institute of Management has consistently been ranked among the most innovative B-schools in responding to the business needs of the future. Being approved by AICTE, the Institute offers 2 full-time and  4 corporate programs in the field of management. Great Lakes Institute of Management offers full-time programs in management namely PGDM, PGPM, PGXPM, PGPM Flex, etc. The institute has 50+ full-time faculty and 130+ visiting faculty hailing from top schools like Yale, Kellogg, and Stanford ensuring global perspectives. Great Lakes admissions take place on the basis of scores in exams like CAT/XAT/GMAT and on a merit basis as well. Great Lakes Institute of Management has associations with many prestigious International Institutions namely the University of Missouri Kansas City

Symbiosis Institute of Business Management

Location: Bangalore

Fees: Rs. 20.50 lakh

Exams: SNAP

Symbiosis Institute of Business Management (SIBM), Pune has started the Application Process for MBA program, accepting SNAP 2020 score. The registration Deadline for the MBA program is November 28. Symbiosis Institute of Business Management (SIBM), Pune is a constituent of Symbiosis International University (SIU) and was established in 1978. It remains the flagship brand of Symbiosis and is recognized as one of the best Business Schools in India.

Symbiosis Institute of Business Management (SIBM) is ranked 22nd amongst all top B-Schools in India by NIRF Ranking 2020. SIBM Pune offers programs in the field of management at the postgraduate level, namely, MBA with four specializations, MBA (I & E) and MBA (L & S), Executive MBA, and MDP programs.

Christ University Institute of Management

Location: Bangalore

Fees: Rs. 9 lakh


Institute of Management, Christ University was established in 1994 by Christ University. The first introduced course was a 2-year full-time post-graduation management program (MBA). The main idea was to promote research and consultancy in management. The course structure is prepared in the view of industry needs. It is designed with the best industry people for each specialization. though the candidate feels lost somewhere it is definitely used in their career life. If the candidate compares the curriculum with another institute like IIM’s, similarity, and even materials mostly are aligned.

National Institute of Technology, Surathkal

Location: Surathkal

Fees: Rs. 2.5 lakh

Exams: CAT

National Institute of Technology Karnataka (NITK), also known as NITK Surathkal, formerly known as Karnataka Regional Engineering College (KREC), is a public engineering university at Surathkal, Mangalore. It was founded in 1960 as KREC while today, it is one of the 32 National Institutes of Technology in India and is recognized as an Institute of National Importance by the Government of India. NITK Surathkal offers undergraduate and graduate programs in Engineering, Science, and Management. The institute has 14 departments and 11 support centers with about 200 faculty members, 300 support staff, 5,500 students, and 26,500 alumni worldwide.

Institute for Financial Management and Research (IFMR)

Location: Chennai

Fees: Rs. 12 lakh


FMR – Graduate School of Business at Krea University is a private business school located in Sri City, in Andhra Pradesh, India, about 70 km from Chennai. IFMR offered a 2-year PGDM program which is accredited by AICTE till 2016. Currently, it offers a 2-year MBA program. It is an approved institution by the University of Madras for pursuing a Ph.D. degree in Finance, Economics, and Management. The MBA program is a two-year full-time program with six trimesters and two months of the summer internship. The program was launched in the year 2000 offering core specializations in Finance, Marketing, Human resources, and Operation. The other specializations offered in this program are Financial Engineering, Banking, financial services & insurance (BFSI), and business analytics. The Annual Intake is 240 Students for this Programme.

Jagdish Sheth School of Management-JAGSoM (Formerly known as IFIM)

The Jagdish Sheth School of Management (Formerly IFIM Business School) is a business school in Electronic City, one of India’s largest industrial parks in Bangalore.

The Jagdish Sheth School of Management (Formerly IFIM
Business School) is a business school in Electronic City, one of India’s largest industrial parks in
Jagdish Sheth School of Management (JAGSoM) is amongst the first 6
business schools in India to be awarded AACSB accreditation. It is Globally Ranked in QS Masters Global Ranking 2021 in 101+ Band for PGDM Marketing, 101+ Band for PGDM Analytics and 151+ Band in PGDM Finance.
JAGSoM has been ranked 30th across India, by Business Today, India’s best business school ranking 2021.

JAGSOM has brought about a paradigm shift in the way that final placements are conducted. As opposed to the usually prevalent ‘Mela
(Shopper)-model’ of placement services, JAGSOM is deeply rooted in continuous industry-student engagement, that guarantees the best fit of
candidates with job roles and aspirations, contributing to greater stakeholder satisfaction.
JAGSOM’s Spur Gear Career Pathway Framework illustrates this well. Students can make their way through the career pathway completely on merit. A solid performance and solutioning ability during the Career Track Focus project earn them the trust and confidence of their RFP supervisors to convert Career Track Focus Program into Industry Internship Program. Our students are found to perform consistently well in IIP and are hence rated highly thereby enabling a conversion ratio of IIP into final placement offers of over 60%. Our Centre for Continuous Employment and Execution Committee (Placement) of the students facilitates smooth conduct of final placement that sees 100% placement success year on year.

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Alliance University

Alliance University Bangalore is awarded the Best Most Preferred Private University of the Year – South and Most Preferred B-School Providing Global Exposure by ASSOCHAM in 2020, ranked 39th among Management Institution in India (including IIMs) 2020 and many more. It offers undergraduate, postgraduate, doctoral, and professional courses in Engineering, Management, Commerce, and Law streams.

Alliance University is one of the best B-schools in Bangalore. Their placements cover a variety of sectors like Consulting, IT Products & Services, Banking, Research & Analytics, Logistics, Real Estate, Retail, Media, FMCG, etc.

Top recruiters are Aditya Birla Retail, Akamai, TCS, Mercedes Benz, WIPRO, Cognizant, Bosch, Oracle, E&Y, Honeywell, Federal Bank, HCL Technologies, CB Richard Ellis, KPMG, Salesforce, etc.

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National Institute of Technology, Tiruchirappalli

Location: Tiruchirappalli

Fees: Rs. 2.17 lakh

Exams: CAT

National Institute of Technology Tiruchirappalli (also known as NIT Trichy or NITT), formerly called as Regional Engineering College, Tiruchirappalli, is a public technical and research university near the city of Tiruchirappalli in Tamil Nadu, India. Founded in 1964, it is one of India’s oldest, most selective, and most prestigious technical universities. It is the best NIT in India ranked 9th on the 2020 NIRF rankings.

ITM Business School

Location: Chennai

Fees: Rs. 11.5 lakh


ITM Business School is a private institute which is located in Chennai. According to Times Business ITM is the 23rd Best Business school in India. It offers PGDM programs in Finance, Human Resource, Marketing, and Supply Chain Management & Operations. ITM Business School Admission is done on the basis of marks appeared in National or State Level Management exams such as CAT/MAT/XAT/ CMAT/GMAT/ATMA.

Acharya Institute of Management and Sciences (AIMS)

Location: Bangalore

Fees: Rs. 9 lakh


AIMS Institutes, formerly Acharya Institute of Management and Sciences (AIMS), is a private, self-financed institution in Bangalore affiliated to the Bangalore University. It offers postgraduate, undergraduate, and certificate courses in fields such as management, computer applications, social work, hospitality, and culinary arts. The management programmes offered by its School of Business (MBA, PGPIB, PGDM, BBM, and B.Com) have been accredited by the International Assembly for Collegiate Business Education (IACBE), USA.

VIT University

Location: Vellore

Fees: Rs. 7 lakh


Vellore Institute of Technology (VIT) is a private university located in Vellore, Tamil Nadu, India. Founded in 1984, as Vellore Engineering College, by G. Viswanathan, the institution offers 20 undergraduates, 34 postgraduate, four integrated, and four research programs. It has campuses in Vellore, Amravati, Bhopal, and Chennai. The VIT Business School was ranked 55 among management schools in India by NIRF in 2020.

SRM University

Location: Chennai

Fees: Rs. 6 lakh


SRM University is situated in Chennai in Tamil Nadu state of India. Established in 1985, it is accredited from UGC, NAAC, MHRD, ABET and it is affiliated to SRM University. SRM University functions at four  campuses-  Kattankulathur, Ramapuram, Ramapuram Part II (Vadapalani), NCR.SRMU offers 196 courses across 11 streams namely Medical, Management, Law, Engineering, Design, Arts, Mass Comm, Hospitality etc. The management courses offered by the institute is regular two year MBA programme

PSG Institute of Management

Location: Coimbatore

Fees: Rs. 10 lakh


PSG Institute of Management Coimbatore (PSGIM) is a private business school located in Coimbatore, Tamil Nadu, India. Founded in 1994. It has four streams of studies that include Finance, Marketing, Operations, HR. A dual degree and Business Analytics is also available.

List of MBA Exams that should be given:

In this section, we shall cover all the most MBA exams you want to appear to get into Top B-schools in India. Apart from the IIMs, there are many other top B-schools (Also called Tier-1 colleges) that you can definitely choose from. So, if you’re getting to pursue an MBA next year, don’t miss out on the chance to aim for any of those exams. So, let’s get on with the highest MBA entrance exams for 2020.

Also, read these articles for the preparation of CAT

How to Crack IIM ||How to Crack CAT ||CAT Exam pattern || CAT exam Analysis

Anisha Mukhija

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