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Top MBA Private Colleges In India
May 21 2024

Choosing the right business school is a critical decision for aspiring MBA students. In India, several prestigious institutions offer world-class education, robust placement opportunities, and comprehensive curriculums. This article provides a comparative analysis of some of the top business schools in India based on their founding year, program duration, location, eligibility criteria, entrance exam requirements, average placement packages, and links to detailed placement reports.

Overview of Top Business Schools

The table below presents an overview of the top business schools in India, including their founding year, program duration, and location.

School Name Founded Program Duration ( Months) Locations
ISB 2001 24 Hyderabad
SP Jain 1981 18 Mumbai
XLRI 1949 24 Jamshedpur
JBIMS 1965 24 Mumbai
MDI Gurgaon 1973 24 Gurgaon
NMIMS Mumbai 1981 24 Mumbai
MICA 1991 24 Ahmedabad
SIBM 1978 24 Pune
XIBM 1987 24 Bhubaneshwar


Eligibility Criteria and Entrance Exam Requirements

The eligibility criteria and entrance exam requirements vary among these top institutions. The table below summarizes these details.

School Name Eligibility Criteria Entrance Exam Requirements
ISB Bachelor's Degree, Min. 24 months work experience. GRE- 310+, GMAT- 720+
SP Jain Bachelor's with 50% marks, Min. 3 year's work experience. CAT- 98%, GMAT- 700
XLRI Bachelor's Degree, All India candidates must take XAT XAT- 97-98%, GMAT- 720+
JBIMS Bachelor's with 50% marks, Register for DTE CAP 2024 CAT -99%, CMAT- 99.99%, CET- 99.8%
MDI Gurgaon Bachelor's with 50% marks CAT- 93%
NMIMS Mumbai Bachelor's with 50% marks NMAT- 235
MICA Bachelor's Degree CAT/XAT- 80%, MICAT- 60
SIBM Bachelor's with 50% marks SNAP- 97-98%
XIBM Bachelor's with 55% marks CAT/XAT-88-92%, NMAT- 250, GMAT- 680+, X-GMT-92%


Average Placement Packages and Placement Reports

Placement outcomes are a critical factor in choosing a business school. The table below details the average placement packages and links to each institution's detailed placement reports.

School Name Average Placement Package (INR LPA) Placement Report
ISB 34.08

ISB Placement Report

SP Jain 33.02

SP Jain Placement Report

XLRI 29.4

XLRI Placement Report

JBIMS 28.02

JBIMS Placement Report

MDI Gurgaon 26.42

MDI Placement Report

NMIMS Mumbai 26.63

NMIMS Placement Report

MICA 20.09

MICA Placement Report

TISS 27.22

TISS Placement Report

SIBM 28.16

SIBM Placement Report

XIBM 20.03

XIMB Placement Report



1. What is the minimum work experience required for admission to ISB?

ISB requires a minimum of 24 months of full-time work experience for admission to their MBA program.

2. Can I apply to XLRI with a GMAT score?

Yes, XLRI accepts GMAT scores for NRI and Foreign candidates. Indian candidates are required to appear for the XAT exam.

3. What are the eligibility criteria for MDI Gurgaon?

For MDI Gurgaon, candidates must hold a minimum 3 years bachelor's degree with at least 50% marks or equivalent CGPA. A 4 years bachelor's degree is required for the PGDM IB program.

4. Which entrance exams are accepted by JBIMS?

JBIMS accepts admission scores for CAT, XAT, CMAT, MAH CET, and NMAT. Maharashtra State candidates must appear for the MAH CET exam.

5. How can I access the placement reports for these business schools?

You can access the detailed placement reports through the provided links in the placement packages table. Each report offers comprehensive insights into the placement statistics and recruiters.

6. What is the average placement package for SP Jain?

The average placement package for SP Jain is INR 33.02 LPA.

7. Does MICA require candidates to appear for both CAT/XAT and MICAT?

Yes, candidates applying to MICA need to appear for either the CAT or XAT exams and also take the MICAT exam.

Related Tags
mba colleges
Anisha Mukhija

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