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The amended rankings of the best Government MBA colleges in India are as follows:
- IIM Kozhikode has enhanced its ranking as it repositioned from rank 5 in 2022 to rank 3 in 2023.
- IIM Mumbai has enhanced its ranking as it repositioned from rank 9 in 2022 to rank 7 in 2023.
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Best Government MBA Colleges in India: Highlights 2023
An MBA is a 2-year postgraduate course that covers the fundamentals and advanced topics associated with the management discipline. Some of the top MBA specializations are Human Resources, Finance, Marketing, Organizational Behavior, Management Principles, etc. An MBA degree can improve a person’s skills and capabilities and make them competent enough to work at managerial levels, thus opening doors to infinite career opportunities.
The key highlights related to best government college for MBA in India are as follows:
| Parameters | Particulars/Statistics |
|---|---|
| Number of MBA Colleges | 30 |
| Annual Fees | INR < 1 lakh: 4 colleges
INR 1-2 lakh: 2 colleges INR 2-3 lakh: 5 colleges INR 3-5 lakh: 4 colleges INR > 5 lakh: 11 colleges |
| Top Specializations | Human Resources, Sales and Marketing, Operations, IT & Systems, etc. |
| Accepted Entrance Exams | CAT, XAT, CMAT, MAT, MAH CET, etc. |
Best Government MBA Colleges in India: Eligibility Criteria
The general eligibility criteria to get MBA admission in best government college for MBA in India are given below:
- Candidates should have passed graduation in any discipline or equivalent from a recognized university as an essential eligibility criteria for MBA (full-time).
- Many institutes follow the minimum score criteria in graduation which is 50% total or equivalent CGPA. For reserved category students, the least score is 45% total or equivalent CGPA.
- Most of the MBA colleges in Maharashtra examined scores from national-level entrance exams such as CAT, GMAT, XAT, CMAT, or MAT. Candidates must meet the minimum cutoff marks set by the respective colleges.
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What are the entrance exams accepted by Best Government MBA Colleges in India?
The various entrance exams accepted by best government MBA colleges in India are listed below:
| Exams | Number of Colleges | Cutoff 2023 Predictor |
|---|---|---|
| CAT | 19 | CAT 2023 Predictor |
| CMAT | 8 | CMAT 2023 Predictor |
| MAT | 6 | MAT 2023 Predictor |
| XAT | 4 | XAT 2023 Predictor |
| ATMA | 2 | ATMA 2023 Predictor |
Given below are the admission dates for best Government MBA colleges in India:
| Exam Name | Dates | Schedule |
|---|---|---|
| CAT Exam 2023 | Nov ‘23 | CAT Schedule |
| XAT Exam 2024 | 7 Jan ‘24 | XAT Schedule |
Best Government MBA Colleges in India with NIRF Ranking 2023
The NIRF (National Institutional Ranking Framework) ranking is an annual ranking system executed by the Ministry of Education, Government of India. Its main objective is to assess and rank higher education institutions in India based on several criterion such as teaching, learning, research, graduation outcomes, perception, and much more. The NIRF rankings provide a comprehensive evaluation of institutions across various disciplines, including MBA colleges.
The table below exhibits the best government MBA colleges in India along with NIRF ranking from the last three years, i.e. from 2021 to 2023 are given below:
| College Name | NIRF 2021 | NIRF 2022 | NIRF 2023 |
|---|---|---|---|
| Indian Institute of Management, (IIM) Ahmedabad | 1 | 1 | 1 |
| Indian Institute of Management, (IIM) Bangalore | 2 | 2 | 2 |
| Indian Institute of Management, (IIM) Kozhikode | 4 | 5 | 3 |
| Indian Institute of Management, (IIM) Calcutta | 3 | 3 | 4 |
| Indian Institute of Technology, (IIT) Delhi | 5 | 4 | 5 |
| Indian Institute of Management, (IIM) Lucknow | 7 | 6 | 6 |
| IIM Mumbai | 12 | 9 | 7 |
| Indian Institute of Management, (IIM) Indore | 6 | 7 | 8 |
| Indian Institute of Technology, (IIT) Madras | 13 | 10 | 15 |
Best Government MBA Colleges in India: Total Tuition Fee
The table below shows the best government MBA colleges in India along with their total tuition fee:
| College Name | Total Tuition Fee |
|---|---|
| IIM Ahmedabad Admission | INR 18.19 lakh |
| IIM Bangalore Admission | INR 24.50 lakh |
| IIM Calcutta Admission | INR 25 lakh |
| IIM Lucknow Admission | INR 12.60 lakh |
| IIM Indore Admission | INR 22.60 lakh |
| IIM Kozhikode Admission | INR 20.50 lakh |
Location-wise Best Government MBA Colleges in India
The location-wise distribution of best Government MBA college in India along with their number of colleges is given in the table below:
| Locations | Number of Colleges |
|---|---|
| Delhi/NCR | 6 (IIFT Delhi, JMI, IIM Rohtak, etc.) |
| Maharashtra | 6 (National Institute of Industrial Engineering, COEP, UNIPUNE, etc.) |
| Uttar Pradesh | 4 (IIM Lucknow, IIT Kanpur, AMU, etc.) |
| Kerala | 3 (IIM Kozhikode, NIT Calicut, Cochin University of Science and Technology, etc.) |
| Mumbai (All) | 3 (Shailesh J. Mehta School of Management, National Institute of Industrial Engineering, SIMSREE, etc.) |
| Pune | 3 (COEP, UNIPUNE, Department of Management Sciences, etc.) |
Best Government MBA Colleges in India: Return On Investment (ROI)
Return on Investment (ROI) exhibits how much profit or benefit you get if you go after a course from a specific college. It evaluates the return of the fee invested by the candidate during their studies and the return he/she gets in the form of placements.
The table below exhibits some of the best government MBA colleges in Mumbai along with total tuition fee and annual average package:
| College Name | Total Tuition Fee | Annual Average Package |
|---|---|---|
| IIM Ahmedabad MBA | INR 18.19 lakh | INR 31.50 LPA |
| IIM Bangalore MBA | INR 24.50 lakh | INR 25 LPA |
| IIM Calcutta MBA | INR 25 lakh | INR 28 LPA |
| IIM Lucknow MBA | INR 12.60 lakh | INR 29 LPA |
| IIM Kozhikode MBA | INR 20.50 lakh | INR 26.50 LPA |
Best Government MBA Colleges in India: Cutoff
Below are some of the top CAT accepting Colleges with their cut off 2023
Indian Institutes of Management (IIMs)
| Top IIMs | CAT Cut off percentile (Minimum criteria) |
|---|---|
| IIM Ahmedabad | 80 |
| IIM Bangalore | 85 |
| IIM Calcutta | 85 |
| IIM Lucknow | 90 |
| IIM Indore | 90 |
| IIM Kozhikode | 90 |
| IIM Tiruchirappalli | 95 |
| IIM Shillong | 90 |
| IIM Udaipur | 95 |
| IIM Rohtak | 95 |
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Frequently Asked Questions:
1. Which government MBA college gives the best placement opportunities for the students?
Ans. Top government MBA colleges in India according to placements provided to students are as follows:
- Indian Institute of Management. Ahmadabad.
- Indian Institute of Management. Bangalore.
- Indian Institute of Management. Calcutta.
- Indian Institute of Management. Lucknow.
2. How beneficial is it to do an MBA from Government College?
Ans. MBA can be equally beneficial even if done from private colleges provided that you have selected the one from the A-list. If you pursue MBA from govt colleges like IIMs you hold the reputation for the rest of your life. There are many students who get the same package from Tier-1 private college as the IIMs.
3. What is the annual fees of MBA?
Ans. MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program. Take a look at MBA college fees in India range-wise also know the reason why MBA fee structure differs from one institute to another. MBA fees in India for the full-time programme ranges from INR 20,000 to INR 40 lakh.
4. Which are the best specialization in MBA?
Ans. Top 8 MBA Specialisation in India are:
- MBA in Marketing Management.
- MBA in Financial Management.
- MBA in Human Resource Management.
- MBA in International Business.
- MBA in Logistics Management.
- MBA in Supply Chain Management.
- MBA in Enterprise Management.
- MBA in Artificial Intelligence.
5. Why are MBA fees so high?
Ans. Many programs includes the expenses of international business trips, real-world consulting projects, and other experiences into their fees. Along with that, organizing career fairs, workshops, and coaching makes MBA an expensive endeavor for institutes.
6. Is IIM government or private?
Ans. The Indian Institutes of Management (IIMs) are central government-owned-public business schools for management profession offering undergraduate, postgraduate, doctoral and executive programmes along with some additional courses in the field of business administration.
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