Top 10 Non-IIM MBA Colleges in India: The MBA is one of the most sought-after postgraduate degrees in India, especially among students who have completed undergraduate degrees in commerce, arts, science, or engineering and technology.
Although MBA classes at top B-schools have traditionally been dominated by engineering graduates, the degree is now being opted for by individuals with diverse academic backgrounds who wish to enter leadership, management, and professional roles across a variety of industries.
The Indian Institutes of Management (IIMs) and top IITs also continue to be the most preferred institutes when it comes to MBA education in India. However, getting a seat in an IIM or a top IIT college requires not only exceptional academic performance but also clearing the highly competitive Common Admission Test (CAT) with good scores.
Fortunately, India also has many other premier business schools, including AICTE-approved institutes, autonomous institutes, and management departments of top universities, which consistently rank among the best MBA institutes in India. These institutes also offer excellent education and placement opportunities. Here is a list of some of the top 10 non-IIM colleges in India.
College | NIRF Rankings 2024 | CMI Rankings 2025* | Average Placements | ROI |
FMS, New Delhi | Not in NIRF Ranking | 1 | INR 34.1 LPA | Compare Now |
S P Jain Mumbai | #20 | 2 | INR 32.10 LPA | Compare Now |
XLRI Jamhedpur | #9 | 3 | INR 31.08 LPA | Compare Now |
SIBM Pune | #13 | 4 | INR 28.83 LPA | Compare Now |
IIFT Delhi | #15 | 5 | INR 27.30 LPA | Compare Now |
JBIMS Mumbai | Not in NIRF Ranking | 6 | INR 26.4 LPA* | Compare Now |
IIT Bombay | #10 | 7 | INR 25.82 LPA | Compare Now |
NMIMS Mumbai | #21 | 8 | INR 25.13 LPA | Compare Now |
MDI Gurgaon | 11 | 9 | INR 25.6 LPA | Compare Now |
IIT Delhi | 4 | 10 | INR 23.4 LPA | Compare Now |
Important Note: We have collected the placement report from institutes official website for placement years 2024 and 2025. We will update it from time to time, as some of the colleges have not updated the 2025 placement report on their official website.
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