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Top Non-IIMs MBA colleges in India
April 20 2024

"ABC's Call from Trinity" is the dream of any Indian MBA aspirant. The management studies field is regulated by the IIMs. Nonetheless, IIMs are not the only management college that offers quality education. In India there are other top colleges whose quality is deemed the same as that of IIMs. The Factors which are considered while listing these colleges are-

  • Cut-offs
  • Placements
  • Fees
  • Faculty
  • Alumni
  • Academics


Here is the list of top colleges in India apart from IIMs:

1. FMS (Faculty of Management Studies), Delhi- 

Exam Accepted CAT
Courses Offered MBA
Fees 2 Lakhs
Average Placement  34.1 LPA
No. of Seats 251+ 63 Supernumerary Seats


FMS is considered one of the best B-School in terms of ROI. It is one of India's oldest colleges, founded in 1954 and owned by the government. To apply in FMS students need to register and fill the application form along with the Rs.1000 application fee payment. Candidates get shortlisted through CAT scores go through Extempore and GD-PI to get admission.

FMS GDPI information

Some of the top recruiters are Flipkart, Microsoft, Airtel, Capgemini ELITE, Amazon, Shell, American Express, IDBI Bank, JP Morgan chase, Edelweiss Capital, Axis Bank, India Bulls, SBI Capital Services, Cadbury India Limited, Kellogs, ITC, Maruti Udyog Limited, Nestle, TATA Motors, P&G, Whirlpool, Gillette, GSK, IBM Consulting, Wipro, TCS, etc.

 2. S.P Jain Institute of Management & Research (SPJIMR), Mumbai-

Exam Accepted: CAT, XAT, GMAT
Courses Offered: PGDM
Fees: Rs.17.5 Lakhs
Average Placement: Rs. 33 LPA
No. of Seats: 240


SPJIMR is an independent b-school founded in the year 1981. It is among the top B-school colleges in India. It is situated in 40 acres of areas in Andheri West, Mumbai. Shortlisted candidates based on exam results are split into two categories, based on profile and profile-cum ranking. They have in- SCM, Operations, Communications, Database Technology, and Finance specializations.

They have a diverse student population, and they have groups based on personality and ranking. Some of the top recruiters at SP Jain are: Pidilite, BCG, Nivea, Paytm, P&G, American Express, Amazon, Mahindra, McKinsey & Company, Bain & Co., Google, Nestle, Microsoft, Goldman Sachs, Tata Administrative Services, Airtel, Hindustan Unilever, Johnson & Johnson, Deloitte, PwC, EY, Uber, Britannia, Bajaj Auto, Castrol, OYO Rooms, Philips, Aditya Birla Retail Limited, Amway, Sterlite Power,

Unacademy, Bajaj Finserv, Bajaj Auto, Duff & Phelps, Reliance Industries Limited, Citibank, and IIFL  

Click here: To join CAT courses

3. X.L.R.I (Xavier School of Management), Jamshedpur

Exam Accepted: XAT, GMAT
Courses Offered: PGDM
Fees: Rs. 23.15 Lakhs
Average Placement: Rs.29.89 LPA
No. of Seats: 180


XLRI was formerly known as Xavier Labour Relations Institute. It was established in 1949. It is approved by AICTE and credited by NBA, AMBA, and AACSB. They offer specialisation in business administration, human resource management and general management. The Institute gives students box placement support and global visibility. Every year some of the reputed companies visit the campus for placements.

They are best in the field of HRM. Recruiters include JP Morgan Chase, TATA Hitachi, TCS, VLCC, ITC, Muthoot Fincorp, Infosys DCG, Dell, ICICI Bank, Trident, Goldman Sachs, Cognizant, Amazon, Axis Bank, L&T ECC, KPMG, Hexaware, HCL, Tech Mahindra, OYO and Byjus, etc.

 Tips to crack XAT Also Read: Top Profile-based MBA Colleges in India

4. JBIMS (Jamnalal Bajaj Institute of Management Studies), Mumbai

Exam Accepted: MAH-CET, CAT, CMAT, MAT, ATMA
Courses Offered: MMS
Fees: Rs. 6.10 Lakhs
Average Placement: Rs. 28.02 LPA
No. of Seats: 150 -160


This institute was established in the year 1995 and has produced illustrious alumni like Chanda Kochhar, Mani Ratnam, Vinita Bali, Siddharth Roy Kapoor, and many more. JBIMS offers the specialisations Finance, Communications, Operations, systems, and HR.

Some of the top recruiters at JBIMS are J.P. Morgan Chase & Co., Goldman Sachs, McKinsey & Company, Hindustan Unilever, The Boston Consulting Group, ICICI Bank, Godrej Consumer Products, Mahindra Group, TATA Group, and Reliance Industries Limited amongst others. 

5. IIFT (Indian Institute of Foreign Trade), New Delhi

Exam Accepted: IIFT
Courses Offered: MBA
Fees: Rs.7.6 Lakhs
Average Placement: Rs. 25.16 LPA
No. of Seats: 420


It is one of the top MBA colleges of India established in 1963. It is an autonomous B-school established by the Indian Government to help the country professionalize in Foreign Trade. IIFT became deemed university in 2002. They offer a specialization in International Business (MBA-IB).

 They do a paper-based analysis followed by the entry GD, WAT, and PI. Paytm, Unified Wellness, Polycab, Roland Berger, Aegis Capital, Bata, Axtria, DE Shaw Group, Epik InDiFi, Enhance Group, Export Trading Company, Fermenta Biotech, Field Fresh Foods, Go-MMT, HomeCredit, Lenskart, Rivigo and Samunnati Finance are some of the top recruiters at IIFT.

6. Symbiosis Institute of Management, Pune

Exam Accepted: SNAP
Courses Offered: MBA
Fees: Rs.20.5 Lakhs
Average Placement: Rs.26.77 LPA
No. of Seats: 180

 Symbiosis Pune is one of the top B-school of India established in 1978. This privately-owned college provides MBA and Executive MBA. Shortlisted candidates by SNAP go through the GD-PI to get final selection. They offer specialization in Marketing, Finance, HR, Operations, Operations Management, and Innovation and Entrepreneurship. Accenture, Bajaj Finserv,

 Google, Shell, Barclays, IDFC Bank, Mahindra Comviva, Mindtree, Reckitt Benckiser, Trafigura Global, Societe Generale, Vodafone and Walmart are among the top recruiters.

7. TISS (Tata Institute of Social Science), Mumbai

Exam Accepted: TISS
Courses Offered: MA
Fees: Rs 1.45.Lakhs
Average Placement: Rs.20.06 LPA
No. of Seats: 68


J.R.D Tata founded TISS in 1986. The University research programmes concentrate on the social sciences and offer doctoral degrees in business and labour relations, disaster relations, development studies, culture, gender studies, human care, law, media and cultural studies, public policy, economic development and social work.

They offer specialization in HRM and Labour Relations. Some of the top recruiters are Swiggy, Amazon, Udaan, Taj Group, Wipro, Dell, Walmart, Deloitte, Lodha group, and Arti industries, etc.  

8. NMIMS (Narsee Monjee Institute of Management Studies), Mumbai

Exam Accepted: NMAT
Courses Offered: MBA
Fees: Rs 18 Lakhs
Average Placement: Rs 26.63 LPA
No. of Seats: 600


NMIMS is a deemed to be university in Vile Parle, Mumbai. NMIMS was founded in 1981 by Shri Vile Parle Kelavani Mandal through the donation of the Narsee Monjee Educational Trust as a Mumbai University affiliated managerial institution.

They offer marketing, finance , logistics, HR and business analytics specialisations. It is accredited by NAAC. Some of the top recruiters are HDFC Bank, DHL Express, SBI Life Insurance, Aviva India, Aditya Birla Insurance Brokers, Max Life Insurance, Goldman Sachs, Citibank India, Kotak Mahindra Bank, ICICI Securities, Future Supply Chain, and Honeywell, etc.

 9. MICA Ahmedabad

Exam Accepted: MICAT, CAT, XAT, GMAT
Courses Offered: PGDM/PGDM-C
Fees: Rs 23 Lakhs
Average Placement: Rs 20.09 LPA
No. of Seats: 180


Mudra Institute of Communication is an autonomous B-school established in 1991. It offers higher education courses in marketing and communications. MICA provides interdisciplinary two-year PG diploma courses. It offers a postgraduate diploma in management and communications and a one-year certificate program in crafting creative communication.

Some of the top recruiters in MICA are Safari, Amazon, Amul, Deloitte, Amway, Citibank, Cactus, Cadillac, Flipkart, USHA, TATA Steel, SONY, RBL Bank, Target, VIP, Raymond, Havells, Samsung, Reliance, Google and IBM, etc.

 10. NITIE, Mumbai

Exam Accepted: CAT
Courses Offered: PGDM
Fees: Rs 14 Lakhs
Average Placement: Rs 31 LPA
No. of Seats: 304


National Institute of Industrial Engineering located in the heart of Mumbai established in 1963. It is among the one the top B-schools in India.

They offer specialization PGDIE (Post Graduate Diploma in Industrial Engineering), PGDIM Post Graduate Diploma in Industrial Management, PGDISEM (Post Graduate Diploma in Industrial Safety and Environmental Management), and PGDMM (Post Graduate Diploma in Manufacturing Management). Some of the top recruiters of NITIE include Maruti Suzuki, Rivigo, Yes Bank, Siemens & ICICI Bank, etc.

11. ISB (Indian School of Business), Hyderabad

Exam Accepted: GMAT
Courses Offered: PGPM
Fees: Rs 32.82 Lakhs
Average Placement: Rs 33.25 LPA
No. of Seats: 888


ISB is a private business college established in 2001. It is accredited by AACSB. It has spread across 260 acres in the city of Hyderabad. Some of the top recruiters at ISB are ABP News Network Pvt Ltd, Accenture Solutions Pvt Ltd, Amazon, Amway, Aditya Birla Group, Adani group, Apple South Asia Pte Ltd, Axis Bank, Airtel, Bajaj Finserv, Goldman Sachs.

 Johnson & Johnson, Citibank N.A., Cognizant, Colgate Palmolive India Limited, Deloitte USI, Flipkart.com, Firstcry.com, Godrej Industries Limited, Google India Pvt Ltd, HDFC Bank, HUL, ICICI Bank, KPMG, and Loreal India Pvt Ltd, etc.

 12. MDI (Management of Development Studies), Gurgaon

Exam Accepted: CAT
Courses Offered: PGPM/PGP-HR/PGP-IM
Fees: Rs 19.8 Lakhs
Average Placement: Rs 26.41 LPA
No. of Seats: 480


MDI is a private business school established in 1973. The campus in Gurgaon is spread over 37 acres of land and provides excellent infrastructure. It is the first B-school that earned AMBA accreditation.

For final selection shortlisted candidates through CAT go through GD-PI. Some of the top recruiters of MDI Gurgaon are Deloitte USI, OYO Rooms, KPMG, JP Morgan Chase, Airtel, KPMG, American Express, Accenture, Hinduja Group, Infosys and Bain Capability Centre.

13. SJMSOM ( Shailesh J. Mehta School of Management), IIT Mumbai

Exam Accepted: CAT
Courses Offered: MBA
Fees: Rs 8.75 Lakhs
Average Placement: Rs 28.88 LPA
No. of Seats: 152


SJMSOM, an academic unit of IITB, has its distinct place as a national and global business management school. SJMSOM also offers post-graduate Master of Management (MOM) and Ph. D. programs and has recently launched an Executive MBA, jointly with the Washington University at St. Louise, USA. SJMSOM gives a well- designed curriculum and training to the students preparing them to meet the contemporary challenges in their professional life ahead.

 They offer specialization in Marketing, Finance, Consulting, Supply Chain, Operations, and IT. Some of the top recruiters are PwC, Accenture, Flipkart, GEP, Google, IBM, Mondelez, Nestle’, Proctor & Gamble, Deloitte, Amazon, Cadbury, Axis Bank, Kotak, Yes Bank, JP Morgan Chase, SBI, IBM, Flipkart, Google, Intel, Snapdeal, Bisleri, Colgate and Tata Global Beverages.

 14. IMT (Institute of Management Technology), Ghaziabad

Exam Accepted: CAT/XAT/GMAT
Courses Offered: PGDM
Fees: Rs 19.02 Lakhs
Average Placement: Rs 17.35 LPA
No. of Seats: 480


IMT Ghaziabad is one of the best Business schools in India and has been awarded the prestigious AACSB accreditation. It has been consistently ranked among the top 10 B-schools by various credible ranking agencies like Business Today, CRISIL, and has extensive industry partnerships in the Business school arena.

The Institute of Management Technology (IMT) Ghaziabad provides PGDM in  Marketing, Finance, and PGDM-Banking, Insurance, and Financial Services (PGDM-BIFS). Some of the top recruiters at IMT Ghaziabad are Deloitte, PwC, Google, L’Oréal, JP Morgan, Britannia, Goldman Sachs, Microsoft, SAP, and Accenture.

15. VGSoM (Vinod Gupta School of Management), IIT Kharagpur

Exam Accepted: CAT
Courses Offered: MBA
Fees: Rs 12.85 Lakhs
Average Placement: Rs 22.13 LPA
No. of Seats: 200


VGSom is a West Bengal Public B-school. It is the first college of management founded under the Indian Institute of Technology in 1993. It was designed for managers with a deep technical experience to build. VGSoM was launched following the US Sloan School of Management model, Massachusetts Institute of Technology (MIT). They offer specialization in Sale & Marketing, Operations, Analytics, Consulting, and IT.

 Some of the top recruiters are HSBC, Trident, Vedanta, Tata Power, IBM, ICICI Bank, JP Morgan, TCS, IBM, Wipro, Infosys, Genpact, Axtria, CRISIL, eBay, Accenture, Kotak, Edelweiss, and Cluster, etc.

16. DoMS, IIT Madras

Exam Accepted: CAT
Courses Offered: MBA
Fees: Rs 8 Lakhs
Average Placement: Rs 20.19.44 LPA
No. of Seats: 68


It is one of the top Non-IIM colleges in India. It was established in 2004. The Campus is spread across the area of 600 acres in Chennai. They offer a specialization in HR, Marketing, and Finance.

Some of the top recruiters are TATA, Infosys, AG Facilities Solutions, Chalo, Kantar Analytics, Fractal Analytics, Micron Technologies, OSG Analytics, Trexquant, Visual BI, William O’ Neil, ZS Associates, Zycus, Accenture, Amazon, Cisco, Cognizant, Dell, Ford, and McKinsey.

 17. DMS, IIT Delhi

Exam Accepted: CAT
Courses Offered: MBA
Fees: Rs 11.2 Lakhs
Average Placement: Rs  25.82 LPA
No. of Seats: 115


DMS-IIT Delhi is a highly ranked B-school, spread over the 320 acres area. In 1993 the management studies department introduced MBA programmes. UGC and AICTE agree that. The department currently runs a two-year full-time MBA programme (General and focused on Managing Telecommunications Systems).

 Some of the Top recruiters include Shell, Amazon, Accenture, Capgemini, EY, GAIL, Deloitte, KPMG, IBM, HSBC, HP, IOC, Cognizant, GE, Wipro among others.

18. XIMB (Xavier Institute of Management), Bhubaneswar

Exam Accepted: XAT, CAT, GMAT
Courses Offered: MBA
Fees: Rs 12.20 - 19.30 Lakhs
Average Placement: Rs  20.03 LPA
No. of Seats: 360


XIMB was established in 1987. The institute is also known to carry out research and development activities regularly in collaboration with government departments in the state. It is the Centre of Excellence in Fiscal Policy and Taxation (CEFT) set up by the state government. They offer a specialization in Business Management. The Campus is spread across the area of 20 acres.

Some of the top recruiters are HCL Technologies, Wipro, IBM, Mindtree, Infosys, Deloitte, UHG, ICICI Bank, PWC, Royal Bank of Scotland, GAIL, Accenture, HSBC, etc. 

19. IRMA ( Institute of Rural Management Anand), Gujarat

Exam Accepted: CAT/XAT/CMAT
Courses Offered: PGDRM
Fees: Rs  5.54 Lakhs
Average Placement: Rs  12.84 LPA
No. of Seats: 240


The institute was established in the year 1979 by Dr. Verghese KurienDr. Kurien is regarded as 'India's White Revolution Dad.' IRMA was established with the assistance of the Swiss Development Cooperation Agency, the Government of India, the Gujarat Government, Indian Dairy Cooperation and the National Dairy Production Board.

 IRMA delivers management education focusing on real-life business challenges and socio-economic concerns faced by marginalised populations. IRMA delivers graduate and research courses. They also deliver Postgraduate Diploma in Rural Management, Rural Management Fellow Programme, Executive PGDRM. Some of the top recruitments are Big Basket, Adani, Godrej, ITC Limited, Mother Dairy, IDFC, ICICI, Vedanta Ltd., Future group, Grofers, Pidilite Industries Limited, etc,

 20. TAPMI Manipal

Exam Accepted: CAT, XAT, GMAT
Courses Offered: PGDM
Fees: Rs 8.67 Lakhs
Average Placement: Rs  14.6 LPA
No. of Seats: 420


TAPMI is the fifth institution to have dial accreditation of AACSB(Association to Advance Collegiate Schools of Business) and AMBA (Association of MBAs) established in 1980 by Shri T.A. Pai. TAPMI conducts student and faculty exchanges with Sheffield Hallam University, UK, Macquarie University, Australia, and the Asian Institute of Management, Manila.

They offer specialization in Consulting, Baning and Financial Services, Human Resources, and Marketing. Some of the top recruiters are Accenture, Dell, Amazon, Flipkart, Zoho, Practo, Radio Mirchi, Goldman Sachs, Citi Bank, CRISIL, IBM, Infosys, HDFC, HSBC, Titan, Salesforce, Tata motor, Volvo, etc. 

Apply Now

21. Fore School of Management

FORE School of Management also known as FORE, is a non-profitable Institute in South Delhi, Delhi, India. It was incorporated in the year 1981. FORE School of Management is a B-School in Delhi NCR. It was ranked 43rd all over the country by NIRF. The institute offers Management programs such as PGDM, PGDM-IBM (International Business), PGDM-FM (Financial Management), PGDM-BDA (Big Data Analytics), Executive PGDM, and Fellow Program in Management (FPM).

  • The institute accepts XAT and GMAT scores for admission.
  • Eligibility criteria include a minimum of 85%tile in XAT or 650 marks in GMAT.
  • Shortlisted candidates undergo a business awareness quiz, essay writing (WAT)/Extempore/Group Discussion, and a personal interview.
  • Offers three diploma courses, all AICTE approved.
  • The highest salary obtained by a student is 30 LPA.
  • FORE's average salary increases annually.
  • FORE has become one of the top B-schools in New Delhi.

Apply now

22.  SDA Bocconi Asia Center:

 SDA Bocconi is a leading institution that is an extended version of the famous SDA Bocconi school of management in Italy. SDA Bocconi School of Management is currently ranked 3rd Business School in Europe by Financial Times and holds the Triple Crown Accreditation - AACSB, AMBA, and EQUIS.It follows a similar curriculum and international standards to their  International institutes.

Some of the top recruiters that come here are H&M, PWC, Ador Group, ICICI Bank, SDF, Bausch & Lomb, KPMG, L&T, Tolaram, Deloitte USI, Ernst and Young, Future Group, Vodafone Idea, etc. 

Apply Now

Courses Offered International Master in Business – IMB (Previously PGPB)
Fees Rs. 19.40 LPA
Average Placement Rs. 14.30 LPA
No. of Seats 330


23. ITM Business School

Approved by the AICTE, ITM Business School has campuses across Navi Mumbai (Khargar), Warangal, Chennai, Vadodara and Raipur. Founded in 1991, ITM Group’s flagship campus is situated in the township of Kharghar (Navi Mumbai). The Khargar campus has been providing education to the aspirants for the past 29 years.
It is among one of the best MBA/ PGDM colleges in India.
ITM Business School is consistently ranked among the top B-Schools for MBA/PGDM in Mumbai, west zone and nationally over decades. It is India’s ranked 15th top B-School. The school offers a two-year PGDM iConnect programme with over 1,000 contact hours of curriculum. ITM Business School Navi Mumbai has partnerships with Queen Margaret University UK, EMI Normandie France and Groupe ESSCA France. It has all the modern facilities befitting to a world-class institution delivering business education. With a range of pedagogical, curricular, and extracurricular activities and the resources available, the campus offers a conducive environment for each student to experience holistic development.

Some of the other Top Non-IIM MBA colleges are-

  1. IISc.Bangalore
  2. IIT Kanpur
  3. SIMSREE, Mumbai
  4. IIT Roorkee
  5. Goa Institute of Management
  6. NMIMS, Bangalore
  7. UBS, Chandigarh
  8. FORE, New Delhi
  9. Great Lakes Institute of Management, Chennai
  10. NMIMS, Hyderabad
  11. IFMR, Chennai
  12. K.J. Somaiya Institute of Management Studies and Research (SIMSR), Mumbai
  13. L. N. Welingkar Institute of Management Development & Research (WE School), Mumbai Apply Now
  14. Birla Institute of Management Technology (BIMTECH), Greater NOIDA
  15. SDA Bocconi Asia Center, Mumbai
  16. National Institute of Banking and Management (NIBM), Pune
  17. Birla Institute of Technology & Science (BITS), Pilani
  18. SOIL
  19. TAPMI, Manipal
  20. PUMBA Mumbai

Check Out: Non IIM Colleges Accepting CAT - Application Deadlines


Also Read: Top colleges through CMAT CMAT vs CET How to crack CMAT

Anisha Mukhija

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