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Doing A PhD After MBA: Universities, Programs, Benefits

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  • Updated on  
  • Jan 17, 2024

doing a phd after mba

Higher studies often encompass the decision of pursuing a bachelor’s, master’s and then, if you feel like delving deeper into your chosen field, a doctorate degree. When it comes to the vast domain of commerce, a PhD is commonly chosen by those wanting to explore the academic arena. Working professionals don’t usually opt for a PhD given the extensive amount of time it demands and also because it has more academic use. So, if you have recently completed your Master of Business Administration, choosing a PhD might require some thinking to finally arrive at the right decision. This blog aims to elaborate on what a PhD after MBA entails and how it can advance you further in your career journey.

PhD After MBA in India

Want to pursue PhD after MBA in India? There are colossal benefits of PhD after an MBA that can equip you with a competitive edge in the management and business world as well as the research and professional exposure you need to aim for high-salary managerial profiles in India and abroad. Here’s what you need to know about PhD after MBA in India:

  • Eligibility : You must have completed a 2-year MBA degree to apply for PhD in India along with qualifying for UGC-NET or GATE exam to gain admission at top business schools and universities in India.
  • Duration : In India, you can complete your PhD after MBA in 3-5 years depending upon the program and university.
  • Requirements : For PhD after MBA in India, you must have GATE/ UGC-NET / CSIR-NET scores, a research proposal ready along with letters of recommendation and optional work experience to increase your chances of admission.
  • PhD in Management
  • PhD in Organizational Behaviour/Management
  • PhD in Behavioural Finance
  • PhD in Applied Statistics
  • PhD in Information Technology/Data Analytics
  • PhD in Market Analysis and Research
  • Faculty of Management Studies, University of Delhi
  • Benaras Hindu University
  • Indian Institutes of Management Studies (IIMs)
  • Indian Institutes of Technology (IITs)
  • National Institute of Management, Calcutta

Also Read: PhD Scholarships in India

Benefits of PhD After MBA

As the highest academic degree in theoretical disciplines, a PhD or Doctorate of Philosophy is perfect for those seeking a greater depth of knowledge in a specific area of interest. Going for a PhD after MBA can be beneficial for a plethora of reasons, some of which are given in a rundown below:

  • Get a Competitive Edge over MBA
  • Master Research Skills and Methodologies
  • Inclination Towards Academic Arena
  • Chance to Become a Professor
  • Become an Academician at Business School

Get a Competitive Edge over MBA with a PhD Though many would tell you that with a PhD after MBA you can only ground yourself in the academic world, this is not the case in reality. If you don’t see yourself fitting the position of a lecturer or a professor, you can explore varied prospects in the corporate sector. A doctoral degree in a business or management specialisation imparts you with a deep-embedded and insightful knowledge of the commercial world. An MBA also gives you a unique and practical glimpse of this domain. The combination of these two can be potentially utilised by opting for the role of a consultant or analyst for entrepreneurial ventures, business giants or even hedge funds and investment-related firms.

Master Research Skills and Methodologies To begin with, a PhD is research-extensive by nature and demands individuals to submit their original thesis to conclude this degree. It challenges scholars to break away from the limited amount of knowledge of their field and delve deeper into whichever specialization they have chosen to study. So, a PhD after an MBA would importantly require you to be passionate about research, have an innate curiosity towards your field and be ready to devote yourself for a longer period of time to your thesis.

Inclination Towards Academic Arena Another reason why many graduates aspire for a PhD after MBA is when they are planning to make a career as an academician . Since one needs to exhaust many years to this degree, you can pursue the profile of an assistant professor at the university itself while getting mentored for your research thesis. Further, by completing a PhD, you would be deemed eligible for the position of a professor at an academic institution though some universities or colleges might demand you to qualify for a teaching exam.

Top PhD Programs After MBA

The average duration of PhD after MBA is approximately 5-7 years where the 1st year is more theoretical but from the beginning of the second year, you can pick specializations as per your choice. In Business and Management, there is an array of specialised PhD courses that one can choose from. Here are the top specialisations to pursue PhD after MBA:

  • PhD in Entrepreneurship
  • PhD in Commerce
  • PhD in Accounting
  • PhD in Economics
  • PhD in Commercial Law
  • PhD in Human Resource Management
  • PhD in Operational Research
  • PhD in Marketing
  • PhD in Healthcare and Management
  • PhD in Organizational Behaviour
  • PhD in Finance
  • PhD in Chemistry
  • PhD in Computer Science
  • PhD in Engineering
  • PhD in Political Science
  • PhD in Education
  • PhD in Statistics
  • PhD in Psychology

Eligibility

Though the specific prerequisites might vary from one university to another, there are some general criteria for PhD after MBA or any other postgraduate program that every candidate needs to fulfil. The primary requirement is that of a master’s degree in the related discipline (from a recognised institution) in which one is applying for a doctoral degree, if you are applying for a PhD in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, amongst others. Along with these, you will be required to submit the following documents:

  • GATE/CSIR-NET/UGC-NET Scores for Indian universities
  • Research Proposal
  • Letters of Recommendation (Academic and/or Professional)
  • GRE, English proficiency test scores such as IELTS , TOEFL , etc. and SOP and LOR s to apply for PhD after MBA abroad
  • An Updated Resume or CV
  • Academic Transcripts

PhD After MBA Abroad – Admission Process & Entrance Exams 

If you are planning to pursue PhD after MBA from abroad then the following points will guide you through the application process and entrance exams: 

  • The application process for global universities is very different from Indian universities. You don’t have to give any entrance exam to pursue a PhD after MBA from abroad, rather, you need to submit a GMAT / GRE score. 
  • LORs, SOPs and previous projects and research work matter a lot when you are looking to pursue PhD abroad. They make your profile strong and increase the chances of getting selected. 
  • Most universities have a 3-5% acceptance rate for PhD programs. Thus, it is essential to make your application strong, if you need any help regarding the same, get in touch with Leverage Edu experts.
  • The PhD curriculum more or less remains the same, you need to work on your thesis and submit it in the provided duration to complete your PhD after MBA.

Also Read: How to Get PhD Funding?

PhD After Distance MBA

Yes, it is possible to apply for PhD after distance MBA but if you are aiming for a doctoral course, you must pursue your MBA from a UGC-accredited university or college. To apply for a PhD after a Distance MBA, you must be able to provide valid transcripts as well as mark sheets from your MBA thus it is essential to check the certification of the institution before studying for an MBA.

PhD After MBA in Finance

MBA in Finance professionals often opts for a PhD to pursue a career in research or academia. Finance is one of the most popular specialisations for PhD after MBA and students can choose from various subjects like Financial Management, Financial Analysis, Financial Modelling, etc. To pursue PhD in Finance in India, you will have to qualify for UGC NET , NMIMS or NIPER JEE while you will have to qualify GRE for universities abroad. Let’s take a look at the universities for PhD after MBA in Finance:

  • Indian Institute of Foreign Trade , New Delhi
  • National Institute of Technology, Silchar
  • Department of Management Studies-IIT Madras
  • Alliance School of Business, Bangalore
  • Ahmedabad University
  • Shailesh J. Mehta School of Management

Here are the major careers for PhD after MBA in Finance:

  • Statistician
  • Financial Analyst
  • Chartered Financial Analyst
  • Stock Broker
  • Budget Analyst
  • Financial Researcher

Top Universities for PhD after MBA Abroad

Numerous renowned business schools and universities across the globe offer specialised PhD programs in varied fields of Business, Commerce and Management. To help you further in your research, we have listed down some of the major academic institutions that are internationally popular for their offered specialised courses for those aspiring to pursue a PhD after MBA:

Top Countries to Study PhD after MBA

Many study destinations like the UK, USA, Australia and Canada are renowned for their research doctoral courses so selecting the right country to study PhD is an important decision you must carefully take. Let’s take a look at the top countries to study PhD after MBA and their popular research universities:

PhD after MBA in the UK

Here are the major universities to study PhD in the UK:

  • University of Bradford
  • SOAS University of London
  • Cardiff Metropolitan University
  • University of Birmingham
  • Queen’s University Belfast
  • University of Kent
  • Hult International Business School

Also Read: PhD Scholarships in the UK

PhD after MBA in the USA

Popular for its STEM courses as well as top-ranked business schools, the top universities for PhD in the USA are:

  • Harvard University
  • Stanford University
  • University of California, Berkeley
  • University of Columbia
  • University of Wisconsin
  • Cornell University
  • Kellogg School of Management

PhD after MBA in Canada

Canada is another renowned destination for PhD programs and offers a plethora of specialisations in business and management. Here are the popular universities for PhD in Canada :

  • University of Toronto
  • University of British Columbia
  • McGill University
  • McMaster University
  • University of Montreal
  • University of Alberta
  • University of Ottawa
  • University of Calgary

Also Read: PhD in Canada with Scholarship

PhD after MBA in Australia

The land of Kiwis is internationally lauded for its focus on research education and high-ranked entrepreneurial programs. Check out the top universities for PhD in Australia :

  • The University of Queensland  
  • The University of Western Australia  
  • University of Wollongong 
  • Queensland University of Technology  
  • Swinburne University of Technology  
  • University of Tasmania 
  • University of Sydney

PhD after MBA in New Zealand

If you are looking for affordable PhD courses after completing MBA, New Zealand is the best place for you. Take a look at the popular universities for PhD in New Zealand :

  • The University of Otago
  • University of Canterbury
  • Lincoln University
  • The University of Auckland
  • Victoria University of Wellington

Career Scope & Employment Sectors

Adding the renowned academic degree of PhD to your list of qualifications, there are a plethora of career opportunities awaiting you. Since a doctoral degree in business-related disciplines provides you with an insightful acumen into the commercial arena, you will be equipped with the knowledge of data analysis and business trends and organisational problems. Further, you will be skilled with research methods such as econometrics, experimental methods, field studies, modelling etc. So, with a PhD after MBA, you will not only be a perfect candidate for academic profiles but you can also explore plentiful prospects in the corporate world.

Here are the top job profiles you can explore after pursuing PhD after MBA:

  • Research Analyst
  • Business Analyst
  • Management Consultant
  • Business Development Consultant
  • Entrepreneur
  • Professor /Lecturer
  • Academician
  • Chief Financial Officer (CFO)
  • Chief Executive Officer (CEO)

The salary of PhD after MBA in India is somewhere between INR 7 Lakhs to 17 Lakhs per annum depending upon whether you work in the corporate sector or explore the academic domain working as a lecturer or academician.

We have elucidated upon the major employment sector for graduates with a PhD in Management and Commerce-related specialisations below:

Teaching The most popular career path post a PhD is that of becoming a professor. Most PhDs in business or management pursue it in the first place to pursue a career in academics. Further, most of the research universities prefer to hire PhDs as business school professors. If you are aiming to become a part of a prestigious academic institution or especially Ivy League school, you should definitely go for a PhD after MBA because this striking combination coupled with a few years of professional experience can make you an ideal candidate for the position of a university professor or lecturer at a business school. To give a rough statistical description, nearly 80% of business ‘PhD after MBA’ graduates become faculty members at business schools, and roughly 20% take jobs in the industry.

Research A PhD is quite a data-driven degree and involves extensive analysis and in-depth assessment as it constitutes submission of a research thesis as its incremental element. If you have been planning to pursue a career in research , an MBA is more of a professional route to take but combining it with a PhD might give you knowledge of both corporate as well as the research world. Getting a taste of both these areas, you can further enter the research sector with a versatile skill set which will prove extremely useful in carrying out path-breaking case studies and contributions with the potential of bringing the commercial industry in a newer light.

Corporate Sector As a common myth, you might be told that a doctorate degree is of no use in the professional world, but it is quite the opposite as a PhD after MBA can furnish you with the quintessential business acumen to fit the role of business consultant and analyst. As many doctoral scholars move further to become professors or researchers, only a small proportion of their heads towards the industry. As this degree provides aspirants with the understanding of employing PhDs to derive wisdom from their theoretical and unique methodologies for analysis, which when combined with the pragmatic training obtained during the MBA, marks for a marvellous body of knowledge. You can explore varied prospects in entrepreneurship ventures as well as companies like SEC, JP Morgan Chase, McKinsey and Morgan Stanley which are known to hire PhDs frequently.

Anyone with an MBA degree can pursue a PhD. In fact, it’s a good idea to do PhD after MBA if you are interested in exploring the arena of academics or research and you can also pursue opportunities in consulting firms in the corporate sector. Also, the top B-Schools such as Columbia University, Yale University, Harvard University, INSEAD, and London Business School have most professors with a PhD degree. So, if you aim to teach at top business schools in the world, pursuing PhD after MBA is indeed a good decision.

The exact duration of PhD depends on the specialization as well as the university, the fact whether it’s part-time or full-time, and other factors. Doing a PhD after MBA usually takes 4-5 years but relying upon varied factors, be it your chosen course or institution, it can take less than 3 years and as long as 7-8 years to complete.

Yes. You can do a PhD in Psychology after MBA. However, you will need 55% marks in your MBA discipline to qualify for a PhD in Psychology after MBA.

A PhD in Business is often referred to as a DBA (Doctor of Business Administration) which is usually considered as the sequel of the MBA and is the highest form of management degree. Pursuing a doctorate in Business or its related specializations would provide you with an enhanced insight into the commercial arena after which you can target higher-level career profiles ranging from a business analyst to a consultant or you can pursue academic positions which is another beneficial route to take.

The essential prerequisite for a PhD is to have a master’s degree along with the minimum marks specified by the academic institution you are applying for. With an MBA, you are eligible to pursue a PhD in commerce-related disciplines while opting for a doctorate in other domains might depend on the criteria provided by the particular university.

The answer to this question is explained well in the points given below: 1. Yes, you can do PhD after a distance MBA 2. Your degree must be from a UGC-recognized institution 3. The application process remains the same as for the regular degree holders 4. Make sure you meet all the eligibility requirements 5. Some universities prefer candidates with regular MBA degrees.

Going for a PhD after MBA will equip you with one of the best educational combinations in the world. It might not be the easiest of programs to pursue but the benefits are going to be fruitful for your professional journey. If you are planning to pursue a doctoral degree and don’t know how to go about it, sign up for a 30-minute career counselling session with our experienced team of mentors and experts at Leverage Edu and we’ll guide through the process of choosing the right PhD program and university that fits your interests and aspirations and can provide you with extensive exposure and opportunities to soar ahead in your career.Call us immediately at 1800 57 2000 for a free 30-minute counselling session.

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14 comments

I like your article great content. Thank you

Hi Akash, we are glad to know that you liked our blog. If you need any further assistance regarding the admission process to any PhD course abroad, get in touch with our experts and we will help you build an awesome career.

Great post.

We are glad to know that you liked our work! Don’t forget to share it with your friends who are looking for PhD courses after MBA.

I have done MBA. My specialization is marketing (major) & human resource(minor).I want to know which specialization should I choose for PhD or Can I choose other specialization like social work, political science,etc.

Hi Abhishek, to know which PhD specialization would suit you the best, reach out to our experts at – 88262 00293. You can also register for a free career counselling here – https://leverageedu.com/admissions/study-abroad-admission/ .

Nice blog thanks for sharing.

Hi Thomas, thanks for your feedback! Check out our blog on PhD entrance exams to know more about the ways for pursuing this course – https://leverageedu.com/blog/phd-entrance-exams/ .

Very good article. In my opinion, having a PhD will make you more likely to earn a higher salary over someone with just a Master’s degree. Nowadays more professionals are doing PhD research programs for a better career.

Thank you for the feedback and for sharing your opinion, Rohan!

Thank you very much for your elaboration on Ph.D. after MBA. I would like to know which specializations are available here in the USA.. Thank you.

Hi George, To know about the specializations of your choice, get in contact with our experts at 1800572000.

Hello I’m Amir I done MBA 3.5year and I want to study PhD directly after MBA can u guide me forther I continue which subjects

Hi Amir, To get our profile evaluated for pursuing a PhD after MBA, give us a call on 1800572000 and our experts will guide you about the same.

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An MBA is one of the most sought-after postgraduate courses worldwide. For many professionals, getting an MBA seems like the next logical step in advancing their careers. The benefits of an MBA are applicable regardless of your industry. Top MBA colleges in India include not only 22 IIMs but also many other prominent top management colleges in India. However, some may wonder if pursuing an MBA is worth it, given the commitment and expense involved. In this blog, we have listed the best MBA Colleges in India, including their Tuition fees, average and highest placements and batch size. The MBA Colleges have been categorized according to their relative importance.

For example, the colleges mentioned in Category 1 are the premier MBA Colleges of India and may offer lucrative opportunities during and after your MBA degree.

MBA Entrance exams

List of Top MBA Colleges in India

There are many MBA colleges in India. Here, we have mentioned the Top B-schools you can aim for, if you are looking for MBA colleges in India.

Top MBA Colleges In India: Category – 1

There are many premier MBA Colleges in India, in this article, we have listed college

1. Indian Institute of Management Ahmedabad (IIMA)

Top B-Schools in India

IIM Ahmedabad is considered to be the most Prestigious Management Institution in India. It is known as the Mecca Of Marketing. An MBA degree from IIM Ahmedabad is the most sought-after by many CAT aspirants. The Campus has Iconic architecture, and vast green spaces, inhabited by the world’s liveliest minds, spread over 102 lush acres in the heart of Ahmedabad. IIM Ahmedabad offers Various Programs, and the two-year full-time Post Graduate Programme in Management (PGP) is the flagship MBA programme of IIMA.

  • Fees: 25 lakh
  • Average Package: 34.36 LPA
  • Highest Package: 1.15 CPA
  • Batch Size: 455 Students

2. IIM Bangalore

IIM Bangalore best B-school for MBA Marketing

IIM Bangalore was established in the year 1973, it was the third IIM to be established in the country. The institute is considered to be the best MBA College in India for Consulting Industry, with 218 out of 606 offers made by Consulting firms. IIMB has a world-class infrastructure, in the heart of the southern part of Bangalore City. IIM Bangalore offers various Post-graduation programmes, executive education programmes and specialized courses in areas such as entrepreneurship and public policy Particularly known as, Doctor of Philosophy (PhD), ~ 5 years, Full-time; Master of Management Studies (Public Policy), (MMS(PP)), 1 year, Full-time; Master of Business Administration (MBA), 2 years, weekend; Master of Business Administration (MBA), 1 year, Full-time; Master of Business Administration (MBA), 2 years, Full-time; Executive Education Programme (EEP).

  • Fees: 24.5 lakh
  • Average Package: 35.31 LPA
  • Highest Package: 80 LPA
  • Batch Size: 512 Students

Also Read: Top MBA Colleges With Best ROI

3. Indian Institute of Management Calcutta (IIMC)

IIM Calcutta Top B-School Ranking

The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961. IIM Calcutta is Known as the best MBA College in India for Finance. The main campus of IIM Calcutta, covering 135 acres of area, is located in Joka, on the outskirts of Kolkata. IIM Calcutta offers a two-year full-time MBA, a one-year full-time Post Graduate Diploma(PGPEX-VLM), a one-year full-time MBA for experienced executives(MBAEx), a Doctorate in Business Administration programme, a two-year full-time Post Graduate Diploma in Business Analytics, and a one-year full-time programme in Healthcare Management.

  • Fees: 31 lakh
  • Average Package: 35.07 LPA
  • Highest Package: 1.2 CPA
  • Batch Size: 462 Students

4. Indian School of Business, Hyderabad

ISB Hyderabad's Entry Gate showcase displaying the b-school's name prominently

The Indian School of Business (ISB) is a non-profit business school established in India in the year 2001. It has two parallel campuses in India, in Hyderabad (Telangana) and Mohali (Punjab). Hyderabad Campus is the older Campus, which spreads across 260 acres. The institute is known for its Global Collaborations, Outstanding Faculty, and International Exposure. It offers certificates in various post-graduate management programs.

  • Fees: 41.78 lakh
  • Average Package: 33.26 LPA
  • Highest Package: 66 LPA
  • Batch Size: 900

5. XLRI, Jamshedpur

XLRI Jamshedpur B-school photo

XLRI Jamshedpur is considered to be the Best MBA College in India for the Human Resource Sector. It is the oldest B-school in India, founded in the year 1949. XLRI is also known for its cheerful and jovial college culture. It is also one of the few B-schools that have a well-balanced gender ratio. It offers courses in PGDM(BM), PGDM(HR), PGDM(GM), and various other post-graduate management Programs. Top recruiters visiting XLRI Jamshedpur are Bain & Co., Ericsson Global, Tech Mahindra, Deutsche Bank, Deloitte, and Cognizant, among others.

  • Fees: 25.8 lakh
  • Average Package: 29.89 LPA
  • Highest Package: 75 LPA
  • Batch Size: 420

Top MBA Colleges In India: CATEGORY-2

These are the premier B-schools that rank in line with the Top 5 MBA Colleges as mentioned above.

6. Indian Institute of Management Lucknow (IIML)

IIM Lucknow Campus Overview

IIM Lucknow was established in the year 1984, as the 4th prestigious IIM in the country. IIM Lucknow is known for its Flagship PGP program. It is also recognised as an “Institution of Excellence” by India’s Ministry of Human Resource Development. It offers post-graduate diplomas, fellowship and executive programs in management.

  • Fees: 20.7 lakh
  • Average Package: 32.20 LPA
  • Highest Package: 1.23 CPA
  • Batch Size: 571 Students

7. Faculty of Management Studies (FMS), University of Delhi, Delhi

FMS Delhi Campus File Photo B-school

Faculty of Management Studies – University of Delhi ( FMS Delhi or The Red Building of Dreams) is a leading business school located in New Delhi, India. It was established in 1954 under the umbrella of the University of Delhi and is often cited as one of the best MBA colleges in India. The MBA program at FMS Delhi is offered at a low fee but the placements offered at the institute are at par with top IIM. FMS offers a full-time MBA, an executive MBA, an executive MBA in health care administration, and doctoral programs.

  • Fees: 2 lakh
  • Average Package: 34.20 LPA
  • Highest Package: 1.23 CR
  • Batch Size: 273 Students

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

SPJIMR Mumbai B-school Logo

The Shreyans Prasad Jain Institute of Management and Research (SPJIMR) is a private non-profit B-school based in Mumbai, India. Founded in 1981 under the aegis of Bharatiya Vidya Bhavan, The institute offers several full-time and part-time management programs. SPJIMR is situated on a 45-acre campus, in the metropolis of Mumbai. It is one of the oldest MBA colleges in India.

SPJIMR offers several postgraduate full-time programs, such as a 2-year, Post-Graduate Diploma in Management (PGDM), a Full-time doctoral program, and a Fellow Programme in Management (FPM).

Read: SPJIMR Mumbai Placem ent

  • Fees: 24 lakh
  • Average Package: 33 LPA
  • Highest Package: 81 LPA
  • Batch Size: 300 Students

TOP MBA COLLEGES IN INDIA: CATEGORY 3

9. indian institute of management kozhikode (iimk).

IIM Kozhikode Aerial View of the Campus

IIM Kozhikode was set up in 1996 by the Government of India in collaboration with the State Government of Kerala. The Campus of the Indian Institute of Management Kozhikode spreads over 112.5 acres and is situated in the Kunnamangalam Area of the ancient city of Calicut in Kerala. It offers various Academic and Executive Programmes in Management. The Institute is counted among the best MBA colleges in India, especially in Finance Sector.

  • Fees: 22.5 lakh
  • Average Package: 29.23 LPA
  • Highest Package: 67.02 LPA
  • Batch Size: 483 Students

10. Indian Institute of Management Indore (IIMI)

IIM Indore Campus view at night

Indian Institute of Management Indore (IIM Indore) was established in the year 1996 and is the sixth prestigious institution in the IIM family. It offers post-graduation programs in Post Graduate Programme in Management (PGP); Executive Post Graduate Programme in Management (EPGP); Post Graduate Programme in Human Resource Management (PGP-HRM); Doctoral Programme in Management (DPM); Executive Doctoral Programme in Management (EDPM); Executive Doctoral Programme in Management and Governance (EDPMG).

  • Average Package: 25.01 LPA
  • Highest Package: 1 CPA
  • Batch Size: 578 Students

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

JBIMS Mumbai Campus Overview

Jamnalal Bajaj Institute of Management Studies was founded in 1965 by the University of Mumbai. JBIMS has been a pioneer in management education and one of the best MBA colleges in India. It is consistently ranked among the top 10 premier B-schools in the country with a legacy spanning over the past 52 years.

The Masters in Management Studies offered at the JBIMS is its flagship course. A two-year, full-time post-graduate MBA course was started in 1965 and since then, has been updated periodically to match the needs of the corporate world. This college has nurtured many prominent leaders, it is also known as the CEO Factory of India. In the second year of this program, specializations are offered, such as Finance, Marketing, Operations, Systems, and Personnel.

  • Fees: 6 lakh
  • Average Package: 28.02LPA
  • Highest Package: 35.75 LPA
  • Batch Size: 150 Students

12. Management Development Institute (MDI), Gurugram

MDI Gurugram College Overview

Management Development Institute (MDI) is a private business School in Gurgaon, India and is counted among the top private MBA colleges in India. It was established in 1973 by the Industrial Finance Corporation of India and is located in Gurgaon, a commercial hub near the Indian capital of New Delhi. MDI has its own campus spread over 37 acres (150,000 m2) in Gurgaon. MDI has a campus with red brick buildings and trees. The buildings are named Gurukul, Lakshaya, Scholars, Renaissance, Parthenon, etc.

MDI Gurgaon offers various postgraduate diploma programs. These include full-time post-graduate programs in management and part-time programs such as executive programs. It also offers fellowship research programs.

  • Fees: 16.7 lakh
  • Average Package: 27.67 LPA
  • Highest Package: 60 LPA
  • Batch Size: 472 Students

13. IIM Mumbai(NITIE)

NITIE Mumbai B-school campus view

Indian Institute of Management Mumbai ( IIM Mumbai ) previously recognized as the National Institute of Industrial Engineering, Mumbai (NITIE Mumbai), is a prestigious business school under the Ministry of Education (India), Government of India located in Powai near Vihar Lake in Mumbai and is ranked 7th among B-Schools of India as per NIRF 2023 rankings.

It was established by the Government of India in 1963 with the assistance of the United Nations Development Programme (UNDP) through the International Labour Organization (ILO) to create skilled professionals.

IIM Mumbai offers postgraduate diplomas in various fields of management and industrial engineering. It also offers doctoral-level fellowship programs. It is considered one of the best MBA colleges in India, for the Operation sector. Annually, IIM Mumbai trains over 2000 professionals through its various week-long Management Development Programs (MDPs) and unit-based programs (UBPs) in different areas of Industrial Engineering & Management.

  • Fees: 21 lakh
  • Average Package: 27.75 LPA
  • Highest Package: 78.20 LPA
  • Batch Size: 407 Students

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

IIFT Delhi & Kolkata B-school view

The IIFT Delhi campus is located in the Qutub Institutional Area, overlooking Green Ridge and the historical Qutub Minar. The campus is spread over 6.5 acres of land houses, two academic blocks, and two residential blocks for students and visiting faculty. Over the years, IIFT has emerged as a national university with a focus on International Business Management and Strategy.

It offers courses in MBA(IB): Full-time/ Weekend, MBA (Business Analytics), MBA(IB) Online, Integrated Programme in Management, Executive Programmes (On Campus), and MA (Economics).

  • Fees: 21.77 lakh
  • Average Package: 29.10 LPA
  • Highest Package: 76.5 LPA
  • Batch Size: 400 Students

15. Shailesh J. Mehta School of Management (SJMSOM), Indian Institute of Technology Bombay (IITB)

Shailesh J. Mehta School of Management (SJMSOM) Campus view

Shailesh J. Mehta School of Management (popularly known as SJMSOM or simply SOM) is a public business school and part of the Indian Institute of Technology Bombay. SJMSOM was established in 1995. In 2000, the school was renamed to Shailesh J. Mehta School of Management, in honor of Dr. Shailesh J. Mehta who is a Mechanical Engineer graduate of IIT Bombay.

SJMSOM conducts education and research in leadership, economics, marketing, entrepreneurship, organizational behaviour, technology management, operations, strategy, and other areas. The school offers a full-time degree course (Master of Business Administration), a doctoral course, and Management Development Programs (MDP) for company representatives.

  • Fees: 14 lakh
  • Average Package: 28.88 LPA
  • Highest Package: 54 LPA
  • Batch Size: 120 Students

16. Tata Institute of Social Sciences (TISS), Mumbai

TISS Mumbai B-school Overview

Tata Institute of Social Sciences (TISS) is a multi-campus public university in Mumbai, India. It is Asia’s oldest institute for professional social work education and was founded in 1936 in the then-Bombay Presidency of British India as the Sir Dorabji Tata Graduate School of Social Work by the Sir Dorabji Tata Trust. In 1944, the institute was officially renamed the Tata Institute of Social Sciences TISS’s academic programs focus on the social sciences and offer doctoral degrees in Habitat Studies, Management and Labour Studies, Disaster Studies, Development Studies, Education, Gender Studies, Health Studies, Law, Media and Cultural Studies, Public Policy, Rural Development, and Social Work.

Tata Institute of Social Sciences (TISS) in Mumbai does not offer an MBA program. However, it does offer a similar program in Management, Including an MA in Human Resource Management and Labour Relations, Social Entrepreneurship, Globalisation, and Labor, etc. TISS Mumbai is considered to be the best MBA colleges in India for HR Domain.

  • Fees: 1.85 lakh
  • Average Package: 27.22 LPA
  • Highest Package: 49 LPA
  • Batch Size: 68 Students

17. Symbiosis Institute of Business Management (SIBM), Pune

SIBM Pune B-School Overview

SIBM Pune was established in the year 1978, the institute offers various post-graduation programmes in management, innovation and entrepreneurship and a number of executive training programmes. The Current Campus is located at Lavale in Mulshi Taluka on the outskirts of Pune City. SIBM Pune Post-graduation courses include MBA, Executive MBA, MBA Innovation and Entrepreneurship and PGDBM.

  • Fees: 22.20 lakh
  • Average Package: 28.16 LPA
  • Highest Package: 49.06 LPA
  • Batch Size: 180 Students

18. Indian Institute of Foreign Trade, Kolkata

IIFT Kolkata B-School Overview

IIFT Kolkata is considered to be one of the finest MBA colleges in Kolkata, India. The campus is spread over 7 acres of land houses. Be it the mystic beauty of the architectural design, or the splendor of the campus in full bloom in winter, it never fails to impress the visitors.

The Indian Institute of Foreign Trade (IIFT) Kolkata offers several courses, including an MBA in International Business (Full-Time and Part-Time), an Executive Post Graduate Diploma in International Business, a Certificate Programme in Export Management, and a Ph.D. Programme. The placements of IIFT Kolkata and Delhi are conducted Jointly.

  • Highest Package: 85.4 LPA
  • Batch Size: 140 Students

Also Read: Top MBA Colleges in Delhi-NCR

TOP B-SCHOOLS IN INDIA: CATEGORY 4

19. rajiv gandhi indian institute of management (rgiim), shillong.

RGIIM Shillong B-School Overview

Indian Institute of Management Shillong (IIM-S) is a public, fully autonomous management institute in the city of Shillong, Meghalaya. It was the seventh Indian Institute of Management to be established in India. IIM Shillong campus is spread over an area of 120 acres. IIM Shillong offers post-graduate, doctoral, and executive programmes in management education, and Management Development Programmes (MDPs) spanning different streams of management.

  • Fees: 17.5 lakh
  • Average Package: 26.96 LPA
  • Highest Package: 71.30 LPA
  • Batch Size: 238 Students

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

NMIMS Mumbai B-School Overview

NMIMS Mumbai is one of the best MBA colleges in India. Narsee Monjee Institute of Management Studies (abbreviated as SVKM’s NMIMS) is a private deemed university located in Mumbai. What started with baby steps in 1981, NMIMS has today emerged as a globally reputed university.

NMIMS Mumbai Programme and the courses Offered By NMIMS Mumbai include MBA, MBA-HRM, MBA- Pharmaceutical Management with a wide range of specializations.

  • Average Package: 26.63 LPA
  • Highest Package: 67.80 LPA
  • Batch Size: 600 Students

21. Department of Management Studies (DMS), Indian Institute of Technology Delhi (IITD)

IIT Delhi B-School Overview

The Department of Management Studies, IIT Delhi, also known as DMS IIT Delhi, is a school of management education and research in the Indian Institute of Technology, Delhi. The department was established in 1993 by an amendment in IIT Delhi statutes, which currently runs a two-year full-time MBA program with a focus on Management Systems, a two-year full-time MBA with a focus on Telecommunication Systems Management under the aegis of Bharti School of Telecom Technology and Management and a three-year on-campus evening MBA program with a focus on Technology Management.

  • Fees: 11.20 lakh
  • Average Package: 25.82 LPA
  • Highest Package: 41.30 LPA
  • Batch Size: 115 Students

22. Vinod Gupta School of Management (VGSOM), Indian Institute of Technology Kharagpur (IIT–KGP)

IIT Kharagpur B-School Overview

Vinod Gupta School of Management was set up in the year 1993. It is the first MBA College in India to be established with the Indian Institutes of Technology. Candidates at VGSOM get to enjoy the rich campus life of IIT Kharagpur. It offers various courses in post-graduation management programs, such as MBA; Executive MBA; PhD; and Post-Graduate Diploma in Business Analytics.

  • Fees: 9.08 lakh
  • Average Package: 22.13 LPA
  • Highest Package: 43.37 LPA
  • Batch Size: 94 Students

23. Great Lakes Institute of Management (GLIM), Chennai (PGDM Two–Year Programme)

GLIM Chennai B-School Overview

Great Lakes Institute of Management, Chennai was founded in 2004 by Padma Shri Awardee Dr. Bala V. Balachandran is one of the top MBA colleges in India. Within a short span of 20 years, GLIM Chennai has emerged as a top-ranked business school. GLIM Chennai Residential Campus is 9 km far from Mahablipuram (UNESCO Heritage site) towards Pondicherry on East Coast Road. At the postgraduate level, the institute offers PGXPM, PGPM FLEX, PGPM, PGDM, Digital Marketing, Corporate Learning and Development, and various other courses to students.

  • Fees: 14.77 lakh
  • Average Package: 14.5 LPA
  • Highest Package: 46 LPA

24. Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune

SCMHRD Pune B-School Overview

SYMBIOSIS CENTRE FOR MANAGEMENT & HUMAN RESOURCE DEVELOPMENT (SCMHRD) is listed among the best MBA Colleges in India, honing world-class leaders and entrepreneurs. It was established in the year 1993. The institute is famous for its MBA program in HRM.

  • Fees: 23.90 lakh
  • Average Package: 23.71 LPA
  • Highest Package: 35.02 LPA

25. Indian Institute of Management Raipur (IIM Raipur)

IIM Raipur B-School Overview

Indian Institute of Management Raipur (IIM Raipur) was set up by the Government of India, Ministry of Education in 2010 at Raipur, the capital of Chhattisgarh. The IIM Raipur campus is situated across 203 acres in Atal Nagar, Naya Raipur. The institute offers programs in Doctor of Philosophy (PhD); Post Graduate (PGP); Executive Post Graduate Program(ePGP).

  • Fees: 18 lakh
  • Average Package: 21.04 LPA
  • Highest Package: 43.43 LPA
  • Batch Size: 328 Students

26. Institute of Management Technology (IMT), Ghaziabad

IMT Ghaziabad B-School Overview

IMT Ghaziabad has been consistently ranked amongst the best MBA colleges in India(Delhi NCR). The institute’s USP is the specialization and placements that the institute provides for Marketing, with top recruiters visiting the campus each year to hire Marketing professionals. The institute is known for its 2-year flagship Post Graduate Diploma In Management program, which is equivalent to an MBA.

  • Fees: 21.53 lakh
  • Average Package: 17.35 LPA
  • Highest Package: 65.50 LPA

27. Indian Institute of Management Ranchi (IIM Ranchi)

IIM Ranchi B-School Overview

Established in 2009, Over the years IIM Ranchi has quickly gained recognition for its academic excellence, multiple programmes and impressive placement records. Its main campus is located at Prabandhan Nagar, Nayasarai, Ranchi. IIM Ranchi offers courses in MBA; MBA-HR; MBA-BA; Executive MBA.

  • Fees: 17.2 lakh
  • Average Package: 17.30 LPA
  • Highest Package: 35.50 LPA
  • Batch Size: 250 Students

28. Xavier Institute of Management Bhubaneswar (XIMB)

XIMB B-School Overview

Xavier Institute of Management, Bhubaneswar (XIMB) is amongst the top MBA Colleges in India, located in Bhubaneswar, the capital of the eastern Indian state of Odisha. The Institute offers courses in Master of Business Administration(MBA) in Business Management; Executive Master of Business Administration(MBA) in Business Management for Working Executives (EMBA-BM); Executive Post Graduate Diploma in Management through Virtual Interactive Learning (EPCDM-VIL).

  • Fees: 19.3 lakh
  • Average Package: 16.64 LPA
  • Highest Package: 71.51 LPA
  • Batch Size: 364 Students

29. Indian Institute of Management Trichy (IIM Trichy)

IIM Trichy B-School Overview

IIM Tiruchirappalli (Trichy) was founded on 4th January 2011. The campus of the Indian Institute of Management Tiruchirappalli is located on 172.27 acres (69.72 ha) of land on the Tiruchirappalli-Pudukkottai highway. The institute offers courses in PGPM (MBA); PGPM-HR (MBA-HR); Ph.D (Doctoral Programme); Executive PhD (Executive Doctoral Programme); PGPBM (Executive MBA).

  • Fees: 19.5 lakh
  • Average Package: 20.55 LPA
  • Highest Package: 41.61 LPA
  • Batch Size: 350 Students

BEST B-SCHOOLS IN INDIA: CATEGORY 5

30. indian institute of management nagpur (iim nagpur).

IIM Nagpur B-School Overview

IIM Nagpur was established in 2015 as the first of the third-generation IIMs, by the Ministry of Education, Govt. of India for the state of Maharashtra. It is one of the fastest growing MBA Colleges in India. IIM Nagpur is spread across 132 acres of land. It offers courses in MBA; PhD; PhD (Executive); Executive MBA at the Main campus; AND Executive MBA at the Pune Campus.

  • Fees: 18.9 lakh
  • Average Package: 16.74 LPA
  • Highest Package: 64 LPA
  • Batch Size: 260 Students

31. Indian Institute of Management Sambalpur (IIM Sambalpur)

IIM Sambalpur B-School Overview

IIM Sambalpur was established in August 2015 as one of the Indian Institutes of Management. IIM Sambalpur is functioning from its permanent campus. The Government of Odisha has selected 237 acres (960,000 m2) of land for the construction of the permanent campus of IIM Sambalpur at Basantpur. It offers mainly four courses, the Post-Graduate Programme (PGP) in Management, Executive Post Graduate Program (EPGP), PhD and Executive PhD Programme in Management.

  • Average Package: 16.63 LPA
  • Highest Package: 64.61 LPA
  • Batch Size: 320 Students

32. Indian Institute of Management Visakhapatnam (IIMV)

IIM Visakhapatnam B-School Overview

IIM Visakhapatnam is considered to be one of the best MBA Colleges in India. The government of Andhra Pradesh has allotted 241.50 acres of land located at Gambheeram Village of Anandapuram Mandal to IIM Visakhapatnam. It offers various post-graduation courses such as a Doctoral Program (PhD); Executive PhD Program (Exec-PhD); Post-Doctoral Fellowship Program (PDF); Post Graduate Program (PGP); Post Graduate Program for Experienced Professionals (PGPEx); Post Graduate Program in Digital Governance and Management (PGPDGM); Executive Master of Business Administration (EMBA) for Working Professionals; Post-Graduate Program in Management for the Centrally Funded Technical Institutions, Institutions of National Importance (PGPMCI)

  • Fees: 10.80 lakh
  • Average Package: 15.64 LPA
  • Highest Package: 43.25 LPA
  • Batch Size: 340 Students

33. Indian Institute of Management Kashipur (IIM–Ka)

IIM Kashipur B-School Overview

The Indian Institute of Management Kashipur is a second-generation IIM set up by the Government of India in 2011. It is considered among the best MBA Colleges in India. The institute is famous for its Business Analytics Course. Other than this the institute offers courses in MBA; Executive MBA; and Doctoral Programs.

  • Fees: 17.30 lakh
  • Average Package: 18.11 LPA
  • Highest Package: 37 LPA
  • Batch Size: 171 Students

34. MICA Ahmedabad

MICA Ahmedabad B-School Overview

MICA Ahmedabad was established in 1991, located on the outskirts of Ahmedabad. MICA is known to be the best MBA Colleges in India for Advertisement and Marketing Communication. The Institute offers Residental programs in PGP, FPM and CCC. Other than this the institute offers other online certifications.

  • Fees: 23 lakh
  • Average Package: 20.09 LPA
  • Highest Package: 36 LPA
  • Batch Size: 235 Students

35. Indian Institute of Management Rohtak (IIM Rohtak)

IIM Rohtak B-School Overview

Further discussing One of the best MBA colleges in India, the Indian Institute of Management Rohtak established by the Ministry of Education, Government of India-wide IIM Act 2017. IIM Rohtak is an institute of national importance. It is located within the National Capital Region (NCR) of India. With a campus spread over an area of 200 acres is strategically located on National Highway – 10 and is well connected to Delhi.

IIM Rohtak has been ranked 12th in the NIRF Ranking of Management category. It provides a full-time PGP/ MBA course for a duration of two years.

  • Fees: 17.9 lakh
  • Average Package: 18.73 LPA

36. Indian Institute of Technology Kanpur (IIT–K)

IIT Kanpur B-School Overview

MBA at IIT Kanpur Started in the year 2001. The MBA course of the institute has been ranked by various agencies. Under the ‘Management Category’, NIRF ranked IIT Kanpur at 23rd position in 2023 rankings. The institute has a small batch size and also has a great return on investment.

  • Fees: 2.80 lakh
  • Average Package: 18.14 LPA
  • Highest Package: 24 LPA
  • Batch Size: 78 Students

37. MHRM, Indian Institute of Technology, Kharagpur

MHRM IIT Kharagpur B-School Overview

IIT Kharagpur Uesd to provide tech courses in Human Resource Development since 1982. With the objective to meet the demands of contemporary business, it restructured the course and has been offering it as Master of Human Resource Management (MHRM) since July 2010. This college can be considered among the best MBA Colleges in India, Considering the ROI it provides.

  • Fees: 1.50 lakh
  • Average Package: 15.45 LPA
  • Highest Package: 23 LPA
  • Batch Size: 200 Students

38. Department of Financial Studies (DFS), University of Delhi, South Campus

DFS Delhi B-School Overview

Next in the list of Best MBA colleges in India, is the Department of Financial Studies (DFS) which is a department of the University of Delhi offering programs in finance. Tracing its roots in the Delhi School of Economics, the DFS was carved out of the Department of Commerce of the university in 1987 to provide training in the field of finance. The DFS is located at the South Campus of the university.

  • Average Package: 17.10 LPA
  • Highest Package: 32 LPA
  • Batch Size: Around 62 Students

39. Indian Institute of Management Udaipur (IIMU)

IIM Udaipur B-School Overview

IIM Udaipur is a second-generation IIM and it is one of the fastest-growing management schools in the country. It was set up by the Indian Government in 2011. The institute offers a wide range of programs particularly known as the MBA Program; EMBA – Executive MBA Program; One-Year MBA – Global Supply Chain Management; One-Year MBA – Digital Enterprise Management

  • Fees: 12.4 lakh
  • Average Package: 20.03 LPA
  • Highest Package: 43.76 LPA
  • Batch Size: 368 Students

40. Indian Institute of Management Amritsar (IIM Amritsar)

IIM Amritsar B-School Overview

IIM Amritsar was established in the year 2015 by the Government of India as the country’s 15th IIM of the country. Given the rate of growth of this Institute, soon it will be considered among the best MBA Colleges in India. The institute offers MBA; MBABA; MBA HR; Doctoral Programs; and Executive MBA.

  • Fees: 12 lakh
  • Average Package: 16.51 LPA
  • Highest Package: 36.25 LPA
  • Batch Size: 257 Students

41. International Management Institute (IMI), New Delhi

IMI New Delhi B-School Overview

IMI New Delhi was set up in the year 1981 and is India’s first corporate-sponsored business school. The Institute offers AICTE-approved, two-year Post Graduate Diploma in Management (PGDM), PGDM (HRM), PGDM (B&FS), the 18-month PGDM for experienced professionals, and the Fellow Programme in Management (FPM). Owing to its location, the Institute enjoys strong industry linkages with organizations across sectors such as IT, Consulting, Financial Services, Consumer Goods, E-commerce, and Automotive.

  • Fees: 18.2 lakh
  • Average Package: 17.01 LPA
  • Highest Package: 50 LPA
  • Batch Size: 341 Students

42. T.A. Pai Management Institute (TAPMI), Manipal

TAPMI Manipal B-School Overview

T.A. Pai Management Institute (TAPMI) is a private autonomous business school in India. It was established in the year 1980 and is located in the university town of Manipal in Karnataka. TAPMI offers six post-graduate management programs, MBA; MBA-BKFS; MBA-HRM; MBA-Marketing; MBA-IB; and MBA-Technology Management.

  • Fees: 17.34 lakh
  • Average Package: — LPA
  • Highest Package: 24.80 LPA
  • Batch Size: 420 Students

TOP MBA COLLEGES IN INDIA: CATEGORY 6

43. department of management studies (doms), indian institute of technology madras (iitm).

IIT Madras B-School Overview

Department of Management Studies (DoMS), IIT Madras was established in the year 2004 as a home to the popular Master in Business Administration course being taught since August 2001. The institute offers courses in MBA; EMBA; Research Programmes; PGPEX-VLM-Programme; and Management Development Programme (MDP).

  • Fees: 8 lakh
  • Average Package: 20.19 LPA
  • Highest Package: 30.60 LPA
  • Batch Size: 100 Students

44. Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE), Mumbai

SIMSREE Mumbai B-School Overview

Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) was founded in the year 1983. In keeping with the rich Sydenham tradition of imparting high-quality education, SIMSREE has endeavoured to produce global managers of shining excellence. SIMSREE stands as one of the most popular management institutes in India, located at Churchgate, Mumbai in the heart of the financial capital of the country. SIMSREE is considered the 2nd best in terms of RoI, that is the reason it is counted among the best MBA colleges in India.

  • Fees: 1.34 lakh
  • Average Package: 12.30 LPA
  • Highest Package: 25 LPA
  • Batch Size: 179 Students

45. Goa Institute of Management (GIM), Goa

Goa Institute of Management B-School Overview

GIM Goa was founded in 1993 by Romuald D’Souza, a Jesuit priest. The GIM Campus is located in North Goa district in the state of Goa. GIM is counted among the best MBA colleges in India. The institute offers a full-time MBA program (2 years), PGDM -Healthcare Management Programme (HCM-2 years), PGDM in Big Data Analytics (BDA – 2 years), PGDM in Banking, Insurance & Financial Services (BFIS-2 years) and part-time Executive MBA (3 years). It has a full-time “Fellow Programme in Management” (FPM) which is a doctoral programme ideal for individuals seeking academic research and teaching careers as faculty or professors.

  • Fees: 18.31 lakh
  • Average Package: 17.20 LPA
  • Highest Package: 55 LPA

46. Department of Business Economics, South Campus, University of Delhi

DBE Delhi B-School Overview

Department of Business Economics, University of Delhi is a public MBA college situated in New Delhi, India. The college was established in 1973 and affiliated to the University of Delhi. DBE DU offers courses at the postgraduate level. DBE DU PG courses include an MBA in Business Economics and an MBA in Finance.

  • Fees: 48.5 k
  • Average Package: 12 LPA
  • Highest Package: 21.5 LPA
  • Batch Size: around 80 Students

47. Symbiosis Institute of Operations Management (SIOM), Nashik

SIOM Nashik B-School Overview

Symbiosis Institute of Operations Management, Nashik is an AICTE-approved private institute for higher education in Nashik, Maharashtra, it was established in the year 2005. SIOM Nashik offers an MBA in Operations Management and Agriculture.

  • Fees: 13.20 lakh
  • Average Package: 11.25 LPA
  • Highest Package: 30 LPA
  • Batch Size: 145 Students

48. University Business School (UBS), Punjab University, Chandigarh

UBS Chandigarh B-School Overview

University Business School (UBS), Panjab University was established in the year 1995. It is a well-known MBA College in India. It offers courses in MBA/PGDM; and Executive MBA/PGDM.

  • Fees: 2.25 lakh
  • Average Package: 13.72 LPA
  • Highest Package: 58.48 LPA
  • Batch Size: 146 Students

49. Narsee Monjee Institute of Management Studies (NMIMS), Bengaluru

NMIMS Bengaluru B-School Overview

NMIMS Bangalore was established in 2008. The Bangalore campus of NMIMS is the youngest B-School to be accredited with AMBA. It offers specializations in the fields of Finance, Marketing, Operations and HR, and Analytics.

  • Fees: 20 lakh
  • Average Package: 14 LPA
  • Highest Package: 19.70 LPA
  • Batch Size: 164 Students

50. FORE School of Management, New Delhi

Fore School of Management Delhi B-School Overview

The Foundation for Organisational Research and Education (FORE) is committed to the advancement of Management Education, Research, Training and Consultancy. Incorporated in 1981, as a non-profit institution, FORE has been working with industry and academia to develop new domains of managerial thought and education and contributing to building leaders in today’s global business environment.

FORE School of Management is amongst the best MBA colleges in India and offers popular AICTE-approved PGDM, PGDM (IB), PGDM (FM), and PGDM (BDA) programs with dual specialization.

  • Fees: 18.27 lakh
  • Average Package: 15.10 LPA

How To Get Into Top-50 MBA Colleges In India

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Home  >  News & Articles  >  PhD after MBA: In India, Admissions 2024, Entrance Exams, Fees

phd in mba colleges in india

Sheeza Khan

Updated on 20th February, 2024 , 8 min read

PhD after MBA: In India, Admissions 2024, Entrance Exams, Fees

A PhD after an MBA is an advanced program where you can become a doctor in a specific area of business Finance, Marketing, Operations, or Human Resources. To qualify, you generally need a 2-year MBA degree and you should pass exams like  UGC-NET or   GATE . Having a good score, a research plan, recommendations, and work experience make it more likely to get into a top MBA college. It usually takes 3-5 years to finish a PhD after MBA in India, but it could be 4-7 years abroad.

Also read: Top PhD Entrance Exams in India 

In the realm of MBA dreams, institutions like  FMS New Delhi ,  BHU , the prestigious IIMs, and the ingenious IITs stand tall as the elite havens for pursuing a PhD after your MBA adventure. 

Further Reading: IIT Madras PhD Admission 2023

Venturing into the realm of a PhD after MBA opens doors to the realms of teaching and delving deep into the realms of research. Many of you might be wondering about the average salary package spanning from INR 2,00,000 to INR 14,00,000.

More PhD Courses: 

More about MBA: 

PhD After MBA: Course Details

Phd-after-MBA

Also read:  GATE Study Material

Why pursue PhD after MBA?

Pursuing a PhD after an MBA in India can offer several compelling benefits:

  • Deep Expertise: A PhD allows you to specialize and delve deeply into a specific area of business, enhancing your expertise and knowledge in your chosen field.
  • Research Opportunities : A PhD program provides you with the chance to contribute to cutting-edge research in business and management, potentially leading to valuable insights and innovations.
  • Academic Career : If you aspire to an academic career, a PhD is often a requirement for becoming a professor at universities and business schools, allowing you to educate the next generation of business leaders.
  • Career Advancement : A PhD can set you apart in the job market, opening doors to higher-level positions and leadership roles in both corporate and non-corporate sectors.
  • Personal Fulfillmen t: Undertaking a PhD is a journey of personal growth and intellectual challenge, allowing you to engage deeply with your chosen subject matter and develop critical thinking skills.
  • Networking : Doctoral programs provide opportunities to connect with experts in your field, fellow students, and professionals, expanding your professional network.
  • Enhanced Problem-Solving: PhD programs often cultivate advanced problem-solving skills, which can be applied to complex business challenges.

Also Read:  Tips to prepare for UGC Net

More MBA Courses: 

Who should pursue PhD after MBA?

Eligibility criteria for pursuing a PhD after an MBA in India can vary depending on the specific university, institute, and program. However, there are general requirements that are commonly applicable:

  • MBA Degree : Candidates must hold a Master's in Business Administration (MBA) degree from a recognized university or institute. This demonstrates a foundational understanding of business and management concepts.
  • Minimum Marks: Many institutions require candidates to have obtained a certain minimum percentage or  grade point average (GPA) in their MBA program. This threshold can vary, but it's typically around 55% or equivalent.
  • Relevant Subjects : The candidate's MBA specialization should align with the field of study they wish to pursue for their PhD for instance, if you want to pursue a PhD in Marketing, your MBA specialization should have been in Marketing.
  • Entrance Exam: Some universities and institutes may require candidates to clear a relevant entrance examination specific to the PhD program they are interested in. This could involve subject-related questions, research aptitude, and general knowledge.
  • Research Proposal: Applicants are often required to submit a research proposal outlining their intended area of research. This proposal should demonstrate a clear research question, objectives, methodology, and potential contribution to the field.
  • Work Experience : While not always mandatory, having relevant work experience can be advantageous, especially for certain specialized PhD programs. It can demonstrate practical knowledge and a real-world perspective on the subject.
  • Interview:  Some institutions may conduct interviews as part of the selection process. This is an opportunity for candidates to discuss their research interests and demonstrate their commitment to the program.
  • Qualifying Examinations : In some cases, candidates might need to qualify for national-level exams such as  UGC-NET (University Grants Commission - National Eligibility Test) or  GATE  (Graduate Aptitude Test in Engineering) to be eligible for certain PhD programs.

PhD after MBA: PhD Finance Course Details

PhD in Finance is a research-focused program offering strong academic prospects. Typically pursued after an MBA in Finance , it's available at esteemed institutions such as IIMs, FMS New Delhi , ISB , and IIT. The program delves into topics like Share Valuation, Privatization, Globalization, and Management Accounting.

Further Reading: MBA Finance Syllabus & Subjects 

PhD after MBA: PhD Marketing Course Details

PhD in Marketing is a 3-year program aimed at training students for teaching and research in marketing and related domains. Admission is based on entrance exams and interviews. Candidates with relevant postgraduate qualifications, including an MBA in Marketing, can apply. The program offers diverse career paths, like Market Research Analyst, Marketing Communications Leader, and Marketing Executive.

Further Reading: MBA in Marketing

PhD after MBA: PhD Organizational Behavior Course Details

PhD in Organizational Behavior is a 3 to 5-year program studying human behavior in organizations. Eligibility requires a master’s or MPhil degree with a 55% minimum aggregate after an MBA in Organizational Behavior. Graduates can secure positions in Academic Institutions, Colleges, Finance, Marketing, IT, etc., with average salaries ranging from INR 4,00,000 to INR 8,00,000.

PhD after MBA: PhD Business Management Course Details

PhD in Business Management is a 3-year program focusing on business operations like leadership, organization, and planning. Eligibility requires a master’s degree with relevant subjects and a minimum aggregate of 50% or more, post-MBA in Business Management.

PhD after MBA: PhD HR Management Course Details

PhD in Human Resource Management is a 3 to 5-year program focusing on teaching organizational processes for productivity enhancement. It prepares students for HR management roles, requiring a master’s degree from a UGC-recognized or foreign university post-MBA in HR Management. 

PhD after MBA: PhD Management Studies Course Details

PhD in Management Studies is a 3-year program imparting management and organizational skills. Eligibility requires a master's degree in a related field with 50-60% aggregate, post-MBA in Management Studies.

Further Reading: BMS Course Details 

PhD after MBA: PhD Banking and Finance Course Details

PhD in Banking and Finance is a 3-year program designed to provide comprehensive knowledge in domestic and international banking, economics, and investment. A master's degree from a recognized university is the minimum eligibility for PhD after MBA in Banking and Finance. Graduates can secure positions in educational institutions, stock exchanges, banks, etc., with average salaries ranging from INR 1,80,000 to INR 6,00,000.

Further Reading: MBA Finance Jobs 

PhD after MBA: PhD Disaster Management Course Details

PhD in Disaster Management is a 3-year program focused on Environment and Disaster Management. Eligibility entails a master’s degree or M.Phil in the relevant field with at least 55% aggregate and 5 years of work experience.

Also Read: PhD in IGNOU

PhD after MBA: PhD Commerce and Management Course Details

PhD in Commerce and Management is a 3-year program focusing on commerce and business management education. To qualify for PhD after MBA in Commerce and Management, candidates need a master's degree, MBA, or MPhil with at least 55% aggregate.

Further Reading: BMS Subjects & Syllabus

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Frequently Asked Questions

Can phd be done after mba.

Certainly, it is possible to pursue a PhD after completing an MBA. To embark on a PhD journey, an individual should possess a master's degree in relevant fields, accompanied by a minimum aggregate score of 50-60%.

What are the PhD courses after MBA?

PhD programs in Finance, Management Studies, Business Management, Business Administration, Banking and Finance, and Marketing stand out as prominent choices for further studies following an MBA.

Can I do a PhD from IIM?

Indeed, the Indian Institutes of Management (IIMs) provide PhD programs subsequent to MBA studies in disciplines such as Human Resource Management, Business Management, and Business Administration, among others.

Can I do a PhD after MBA in HR?

Indeed, undertaking a PhD following an MBA in Human Resource Management presents advantageous prospects for embarking on roles such as HR managers, executives, consultants, and various other related positions.

Does a PhD after MBA make sense?

Certainly, pursuing a PhD after completing an MBA is a strategically sound choice, offering distinct advantages in terms of enhanced job prospects and a strengthened position in the realm of teaching professions.

How many years is PhD after MBA?

PhD after MBA is normally for 4 - 6 years.

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Gender diversity.

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60+ Years of Education Legacy | UGC & AICTE Approved | Prestigious Scholarship Worth 6 Crores | DSAT exam date: May 4 & 5

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Approved by UGC | Merit-based scholarships

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Among top 50 in India (ARIIA Rankings)

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Highest Package 13.8 LPA | 6000+ Placements | 200+ Recruiter | 90% placement

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Ranked #52 Among Universities in India by NIRF | Industry alliance with MERCK, AIIMS Rishikesh and More

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Admissions Open for multiple allied and health sciences programs across 5 campuses | Ranked #7 in India by NIRF, NAAC A++ Accredited

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Ranked #6 by NIRF 2023 | More than 85% of placements in the core companies

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Ranked amongst top 3% universities globally (QS Rankings)

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Filter by state, niper hyderabad - national institute of pharmaceutical education and research hyderabad.

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Ph.D After MBA in India: Courses List, Eligibility, Duration, Career Scope

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Mar 4, 2024

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Ph.D. after MBA in India attracts numerous students every year. Find more information about eligibility, courses list, duration, career scope, and much more.

Ph.D After MBA in India: Courses List, Eligibility, Duration, Career Scope

Ph.D. after MBA is a diversified course with various insights shared with the aspirants. The article below throws light upon various questions students would want to understand, right from Can I Do Ph.D. After MBA, to different Ph.D. courses in India and their criteria. The scope for the Ph.D. after MBA is very vivid and broader and helps in developing different skills as well.

  • What kind of specializations are available in Ph.D. after MBA
  • Ph.D. course duration after MBA
  • How to do a Ph.D. after MBA
  • Requirements for applying through Ph.D

Ph.D. After MBA in Distance Education

Benefits of ph.d. after mba.

  • Why Ph.D. After MBA is better option

Career Scope and Employment Sectors

Top colleges for ph.d. after mba, what kind of specializations are available in ph.d. after mba.

There are many specializations offered in Ph.D.which carry along with them great benefits. So check out the most preferred and most popular disciplines offered in Ph.D.:

  • Ph.D. in Commerce
  • Ph.D. in Computer Science
  • Ph.D. in Economics
  • Ph.D. in English
  • Ph.D. in Human Resource Management
  • Ph.D. in Philosophy
  • Ph.D. in Psychology

Other common Ph.D. Specializations after MBA

  • Ph.D. in Accounting
  • Ph.D. in Business Economics
  • Ph.D. in Chemistry
  • Ph.D. in Commercial Law
  • Ph.D. in Education
  • Ph.D. in Engineering
  • Ph.D. in Entrepreneurship
  • Ph.D. in Finance
  • Ph.D. in Healthcare and Management
  • Ph.D. in IT
  • Ph.D. in Marketing
  • Ph.D. in Operations
  • Ph.D. in Organizational Behavior
  • Ph.D. in Political Science
  • Ph.D. in Statistics

Ph.D. Course Duration after MBA

The duration of the Ph.D. course duration after an MBA varies from the research topics, methodologies, institutions chosen or the time being invested by aspirants. Most of the time, the course duration also depends on the kind of country students have chosen. On average the completion of Ph.D. courses takes about 4-5 years.

How to do a Ph.D. after MBA?

A Ph.D. after MBA is a career option that is dynamic and vast. The scope for the same is as well increasing. Ph.D. after MBA can be pursued after the completion of an MBA from a recognized university with a duration of two years. Aspirants need to choose their field of research and interest. There are various entrance exams that the aspirants need to take such as CAT, UGC NET and so on.

Requirements for applying through  Ph.D.

Though the specific prerequisites might vary from one university to another, there are some general criteria for a Ph.D. after MBA or any other postgraduate program that every candidate needs to fulfill. The primary requirement is that of a master's degree in the related discipline from a recognized institution in which one is applying for a doctoral degree; if you are using for a Ph.D. in Business Administration, you need to have completed a postgraduate course like, MBA, MIM, among others. Along with these, you will be required to submit the following documents.

  • English proficiency test scores, such as IELTS, TOEFL, etc.
  • SOP and LORs
  • GRE or GMAT scores
  • An Updated Resume or CV
  • Academic Transcripts

Many students start their work career after the completion of an MBA and so opting for Ph.D. after MBA in Distance Education is easier. There are various criteria institutes consider before admission. It is very important aspirants have completed their MBA from a recognized University(UGC). It's also necessary that the eligibility criteria be met depending on the institution chosen by the aspirants.

Before delving into the specifics of each Ph.D. after MBA program, we'll look at the benefits of a Ph.D. after MBA and why a Ph.D. after MBA is such a great career option.

  • Ph.D. after MBA allows you to conduct research and in-depth study of concepts and specializations that you would not have been able to do during your MBA.
  • MBA degrees provide lucrative career opportunities on their own, but after obtaining a Ph.D., MBA degrees become much more valuable.
  • The research conducted during a Ph.D. after an MBA raises awareness of new business insights and trends around the world, allowing for more efficient business management.
  • A person with a Ph.D. after an MBA can earn a good living. A top MBA College professor earns far more than an MBA degree holder.
  • Ph.D. after MBA allows aspirants to work in the field of research in management, finance, or business, distinguishing them from other managers who only pursue an MBA.

Why Ph.D. after MBA is Better Option?

A Ph.D. is a data-driven degree that involves extensive analysis and in-depth assessment as it consists of submitting a research thesis as it is the essential thing in the assessment element. If you have been planning to pursue a career in research, an MBA is more of a professional route to take but combining it with Ph.D. benefits you with the knowledge of both the corporate and research world.

What makes a Ph.D. after MBA the most popular option? The Doctorate of Philosophy program allows for in-depth knowledge in the specialization field. Research and the most importantly offers an opportunity to conduct independent study, which would otherwise only be limited to the more practical and commercially useful MBA degree. The research training provides an awareness of cutting-edge developments and evolving new insights and solving various problems. Doctoral graduates have years of experience in data analysis and data-driven decision-making; they are practiced with multiple research methodologies.

While most doctoral graduates find positions as faculty in reputable business schools, a fraction of them carry on in post-doctoral studies or head towards industry positions. 

Ph.D. after MBA can furnish you with the quintessential business understanding to fit the role of business consultants and analysts. 

As many doctoral scholars move further to become professors or researchers, only a small proportion of them head towards the industry. Listed below are some of the jobs that one can get after completing their Ph.D.:

  • Scientific Writer 
  • Assistant Professor
  • Research Assistant
  • Chief Research Manager 
  • Senior Professor 
  • Senior Consultant

Ph.D. has scope for working in diverse fields right from the automobile industry to the NGOs. The areas of recruitment are:

  • Chemical and Pharmaceuticals Industry
  • Oil and Gas Industry
  • Research Industry

So as now you are aware of the Ph.D. program, make sure you choose the best specialization that suits that motivates you to push further even harder. Make no mistake in selecting the specialization, so read thoroughly through the article and choose the best.

Some of the top colleges for pursuing a Ph.D. after MBA are listed below:

  • University of Calcutta
  • Amity University
  • Amrita University
  • Delhi University
  • Andhra University
  • Aligarh Muslim University
  • BITS Pilani
  • Manipal Institute of Technology

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Getting an MBA degree from a good college in India can be a big step toward a successful career. In India, there are many business schools, and some are really good. This article will help you learn about the top 50 MBA colleges in India. These colleges are known for having great teachers, good placement opportunities, and a strong reputation. Whether you want to focus on finance, marketing, consulting, or something else, this guide will tell you about the best MBA programs in India that can help you succeed in your career.

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Indian institute of management ahmedabad (iima).

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Indian Institute of Management Bangalore (IIMB)

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Indian Institute of Management Calcutta (IIMC)

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Indian School of Business, Hyderabad

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XLRI Xavier School of Management, Jamshedpur

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Indian Institute of Management Lucknow (IIML)

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Faculty of Management Studies (FMS), University of Delhi, Delhi

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

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Indian Institute of Management Kozhikode (IIMK)

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Indian Institute of Management Indore (IIMI)

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Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

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Management Development Institute (MDI), Gurugram

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National Institute of Industrial Engineering (NITIE), Mumbai

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Indian Institute of Foreign Trade (IIFT), New Delhi

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Shailesh J. Mehta School of Management (SJMSOM), Indian Institute of Technology Bombay (IITB)

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Tata Institute of Social Sciences (TISS), Mumbai

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Symbiosis Institute of Business Management (SIBM), Pune

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Indian Institute of Foreign Trade, Kolkata

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Rajiv Gandhi Indian Institute of Management (RGIIM), Shillong

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Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

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Department of Management Studies (DMS), Indian Institute of Technology Delhi (IITD)

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Vinod Gupta School of Management (VGSOM), Indian Institute of Technology Kharagpur (IIT–KGP)

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Great Lakes Institute of Management (GLIM), Chennai (PGDM Two–Year Program)

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Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune

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Indian Institute of Management Raipur (IIM Raipur)

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Institute of Management Technology (IMT), Ghaziabad

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Indian Institute of Management Ranchi (IIM Ranchi)

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Xavier Institute of Management Bhubaneswar (XIMB)

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Indian Institute of Management Trichy (IIM Trichy)

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Indian Institute of Management Nagpur (IIM Nagpur)

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Indian Institute of Management Sambalpur (IIM Sambalpur)

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Indian Institute of Management Visakhapatnam (IIMV)

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Indian Institute of Management Kashipur (IIM–Ka)

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MICA Ahmedabad

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Indian Institute of Management Rohtak (IIM Rohtak)

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Indian Institute of Technology Kanpur (IIT–K)

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MHRM, Indian Institute of Technology, Kharagpur

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Department of Financial Studies (DFS), University of Delhi, South Campus

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Indian Institute of Management Udaipur (IIMU)

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Indian Institute of Management Amritsar (IIM Amritsar)

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Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE), Mumbai

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Explore 10 Best Online MBA Degree Colleges in India- 2024

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22 February, 2024

Explore 10 Best Online MBA Degree Colleges in India- 2024

Table of Contents

An Online MBA is like the ticket to Hogwarts for your career. It is the “swish and flick” for your wand that makes your career levitate without ever having to utter “Wingardium Leviosa”. However, unlike Hogwarts, there are many universities that offer an Online MBA programme. But how do you choose one? Maybe you can seek help from Hemione Granger. But she will ask you exactly the same question as we are- Best Online MBA Degree College for what?

Prominent bodies like the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC) certify MBA institutions and their programmes in India. Distance Education Bureau (DEC) is another such leading body that accredits distance MBA programmes in the country.

Take a deep breath. It’s not the Triwizard Maze. All you have to do is to answer a few questions to identify your goal for pursuing an MBA. Whether you seek career growth, placement opportunities, an MBA tag to impress your employer, skill development or everything! Only after you identify your priorities will it make sense to start hunting for a college.

Are all these questions making you feel like Naruto? You can relax as this blog is going to be your Jiraiya, helping you master the MBA Rasengan and sail through the adversities of the professional world. So, without wasting any time, let’s quickly explore Top Online MBA Colleges offering a blend of academic excellence, professional development opportunities, skill development along with lots and lots of…yes, you guessed it right- flexibility!

First Things First- Identify Your Career Goals

Going for an Online MBA is like any other career move. You must have well-defined goals on what you want to achieve from your MBA. This will not only make your MBA journey smooth but will also help you navigate through the different college options. You can start by asking the right questions. These include:

  • What are my areas of interest?
  • What are my  career goals ?
  • How can an MBA help me achieve these goals?

Once you have the answers to all the above-mentioned questions, you will have in front of you the expectations that you have from your MBA degree.

Economy is the Mother of Empire- Define Your Budget

If you have watched the movie “Confessions of a Shopaholic” then, you must be well aware of what going over your budget can lead to. To avoid a wild goose chase, it is wise to first define a budget for your Online MBA. In India, the fee for an Online MBA can range anywhere between INR 50,000 to INR 10,00,000. Therefore, it becomes important to understand how much you can and you should spend on getting a degree. For instance, if you simply want an MBA tag, then it is not very smart to spend lacs of bucks on an MBA. However, if you want career advancement opportunities or hands-on experience, then you must go for a college that offers them all and doesn’t burn a hole in your pocket.

Choose Your Wand- How to Find the Right Specialisation?

Did you know that today there are over 50 MBA specialisation options to choose from? Yes, more than 50! So, how do you find your perfect match? How do you ensure that the wand you pick has all the right characteristics that complement your interests, passions and goals? It’s a million-dollar question. Before jumping on to answers, let us first explore what all specialisation options are available for you:

Now that you know what all specialisation options are available to you, let us address the elephant in the room. How to choose the right MBA specialisation? Here are a few steps you can follow:

  • Make a list of your goals, passions and interests
  • Take into consideration your current job and skill set
  • See what you are good at
  • Compare the growth and future scope of various specialisation areas

And viola! There’s a match made in heaven- your perfect MBA specialisation.

How to Find the Right Online MBA College?

How wonderful it would have been if there were a Sorting Hat who could pinpoint just the right college for you. Luckily, you can be your own Sorting Hat, that too without any professional expertise. That’s right. Let’s quickly go through the steps you can follow to  find the right MBA college for you.

  • Shortlist the colleges that offer your chosen specialisation
  • Eliminate those that do not fall in your budget
  • Compare the rankings , curriculum, career assistance services, skill development services, practical exposure, etc.
  • There you have it- the right MBA college fulfilling all your needs and desires

Think Beyond IIMs- Top 10 Online MBA Degree Colleges in India

Everyone wants to get into IIMs. Sadly, not everyone can spare two years of their life to attend a full-time residential programme, putting their career on hold. But not to fret! Today, there are many top universities offering Online MBA courses which are at par with the IIMs. You get to study all the same things and get all the same opportunities, all without having to step out of your homes (unless you want to bunk and hit the movies instead!). So, here’s a list of top management colleges as ranked by NIRF offering Online MBA programmes.

1. XLRI (NIRF Rank- 17)

XLRI online MBA

XLRI has built a rich legacy in the realm of management education and rightly so. This top-of-the-class institute offers an AICTE-approved Online PGDM programme that presents an opulent blend of academic expertise and opportunities to work on real-time industry projects. The direct-to-device mode enables students to pursue studies from anywhere in the world. Furthermore, the University also offers scholarships and fee waivers to make education affordable for a larger segment of people.

Specialisations Offered:

  • Business Management
  • Human Resource Management

What to Expect?

  • Direct-to-device mode – Students can attend from any place
  • Learn from renowned XLRI Faculty
  • Campus Immersion
  • Prestigious XLRI Alumni Status
  • Provision to take a temporary break and rejoin with another batch (subject to relevant rules)
  • Fee Waivers and Scholarships
  • Career Guidance
  • Access to Digital Library

Who Should Go for This College?

  • Working professionals seeking professional growth opportunities without having to compromise on their job.
  • Those professionals who are looking for an on-campus experience during online learning.

2. S.P. Jain Institute of Management & Research (NIRF Rank- 20)

Sp jain school of global management online mba

One of the best B-Schools in the country, the S.P. Jain Institute of Management & Research has partnered with Coursera to offer an innovative, AICTE-approved Online PGDM programme. Delivered by the distinguished faculty members of SPJIMR, the programme ensures a rewarding learning journey for students.

Specialisations Offered

  • Finance and Markets
  • Advances in Supply Chain
  • Organisation and Leadership
  • Information Management & Analytics
  • World Class Faculty
  • Immersive Learning Experience
  • Workshops & Seminars with Industry Experts
  • Live & Interactive Sessions
  • Access to SPJIMR Alumni Network
  • Innovative Pedagogy
  • SPJIMR has designed the Online PGDM programme, especially for working professionals who are looking to enhance their management acumen without having to leave their jobs and home locations.
  • Fresh graduates who aspire to explore diverse business domains can also go for this programme.

3. Indian Institute of Foreign Trade (NIRF Rank- 27)

Indian Institute of Foreign Trade online mba

The Indian Institute of Foreign Trade was established by the Ministry of Commerce & Industry in 1963 to facilitate skill development in the domain of foreign trade. Today, the institute has flourished into a world-class business school offering opportunities for online learning as well. This helps working professionals augment their business knowledge without having to sacrifice their jobs.

  • Human Resources Management
  • Information Technology
  • Virtual Sessions
  • Live Industry Interactions
  • Field Trips
  • Access to IIFT Alumni Network
  • Case Study-Based Pedagogy
  • Professionals who are looking to enhance their management acumen without having to leave their jobs and home locations.

4. Amity University (NIRF Rank- 28)

Amity University online mba

In 2009, Amity became the first university in India to receive UGC recognition for various online courses. The University has grown into one of the best online education providers in the country. It offers an Online MBA programme which is designed to bridge the skills gap faced by employers. During the course, students get various skill development and personality enhancement opportunities.

  • Digital Entrepreneurship
  • Business Analytics
  • Data Science
  • HR Analytics
  • Digital Marketing Management
  • International Finance
  • Lifetime Recorded Lectures
  • Mentorship from Industry Experts
  • Portfolio Building
  • Interview Preparation
  • Open Education Policy
  • Virtual Job Fairs
  • Amity ThinkTalks
  • Unique LMS- AmiGo
  • Entrepreneurs looking to augment their business acumen.

5. Great Lakes Institute of Management (NIRF Rank- 32)

Great Lakes Institute of Management, Chennai online mba

The Great Lakes Institute of Management offers an AICTE recognised Online PGDM programme. The course is designed keeping in mind the skill development needs of 21st-century professionals. It helps them augment their business acumen while also building a strong knowledge base.

  • Data Science & Analytics
  • Live Virtual Classes
  • Recorded Lectures
  • Advanced Learning Material
  • Case Study Based Pedagogy
  • Discussion Forum
  • Continuous Assessment
  • Distinguished Faculty
  • Access to Alumni Network

6. Chandigarh University (NIRF Rank- 36)

chandigarh university online mba

Located in the vicinity of Chandigarh, Chandigarh University offers a UGC-entitled and AICTE recognised Online MBA programme. The programme’s curriculum is designed in close assistance with industry experts to ensure that it meets the latest industry standards and can help professionals bridge the employability gap.

  • Entrepreneurship
  • Disaster Management
  • Logistics & Supply Chain Management
  • Retail Management
  • Operations Management
  • Banking & Insurance
  • Hospital Management
  • Events Management
  • Travel & Tourism Management
  • Airlines & Airport Management
  • Digital Marketing
  • Live Lectures
  • Guest Lectures from Industry Experts
  • International Recognition
  • Access to Job portal
  • Advanced LMS

7. Institute of Management Technology, Ghaziabad (NIRF Rank- 38)

IMT CDL Ghaziabad online MBA

Established in 1980, the Institute of Management Technology (IMT), Ghaziabad is a premier management institute in India. It aims to groom young professionals into next-generation leaders. It offers a unique and innovative PGDM programme with an advanced curriculum and state-of-the-art infrastructure to foster creativity into the young minds.

  • Human Resource
  • General Management
  • Over Three Decades of Expertise in Management Education
  • Highly Reputed Distance Learning Institute for Management Programmes
  • More Than 35,000 Alumni Across the Globe
  • Highly Experienced Faculty
  • Curriculum Benchmarked with Global Institutions
  • 24×7 Learning Environment
  • Online/Offline Learning Sessions (OLS)
  • Self-Defined Pace of Learning
  • State-of-the-Art Infrastructure
  • Academic Flexibility to Optimise Student Learning
  • Industry Oriented Curriculum
  • Video Archives of Recorded Sessions by Eminent Faculty
  • Project Work Situated in Student’s Own Work Environment
  • Students can Define Their Own Pace of Learning
  • Live Interactive Sessions with Experts
  • Self-Explanatory, Exhaustive Learning Material

8. UPES (NIRF Rank- 39)

UPES online mba

Established in 2003, UPES is ranked among the best universities in India, with graduate and postgraduate programmes through eight schools. It is among the first institutions in Asia to offer domain-focused Online MBA programmes in IT, Project Management, Logistics and HSE, Energy and others. The Centre for Continuing Education (UPES ON) at UPES has further broadened the extent of education by offering specialised courses to working professionals and young graduates.

  • Financial Management
  • Oil and Gas Management
  • Power Management
  • International Business
  • Digital Business
  • Marketing Management
  • Infrastructure Management
  • Logistics and Supply Chain Management
  • Lifetime Placement Assistance
  • Runway Incubator for Start-Up Support
  • Unmatched Global Exposure
  • Flexible and Affordable Payment Plans
  • Regular Career and Networking Sessions
  • Seasoned Faculty With Rich Industry Experience
  • Strong Industry Alliances with Ibm, Microsoft, KPMG, etc.
  • Mental Health Counselling
  • 24/7 Help Desk For Student Support
  • Professionals and fresh graduates looking to specialise in domain-specific management.

9. ICFAI Foundation for Higher Education, Hyderabad (NIRF Rank- 40)

IFCAI Hyderabad online mba

One of the most well-known names in the realm of management education is the ICFAI Foundation for Higher Education . Its online arm offers an exclusive MBA programme designed for working professionals. The programme offers an updated and industry-relevant curriculum to cater to the diverse needs of 21st-century learners.

Elective Options

  • IT and Operations
  • Placement and Professional Training
  • Merit Scholarships
  • Business Research Project
  • Online Lectures
  • Discussion Forums
  • E-learning Material
  • Gamification
  • Industry Interface
  • Student Clubs
  • Professionals and fresh graduates looking to augment their business knowledge.
  • Entrepreneurs looking to gain management expertise.

10. Manipal University (NIRF Rank- 79)

Manipal university online mba

The Manipal Academy of Higher Education was established in 1953. Today, the group has prospered into one of the premium education institutions in India, imparting quality higher education in the country. In order to provide educational opportunities to a larger segment of individuals, Online Manipal was established under the aegis of Manipal University Jaipur. Online Manipal offers an advanced MBA programme for professionals looking to advance in their careers.

Electives Offered

  • Analytics & Data Science
  • IT & FinTech
  • Information System Management
  • Project Management
  • Supply Chain Management
  • UGC-Entitled Degrees
  • Free Coursera Access
  • Attractive Scholarships
  • Placement Assistance
  • Prestigious Manipal Alumni Status
  • Industry Webinars & Simulations
  • Global Classroom
  • Remote Proctored Exams

Don’t Let Finances Overwhelm You- Top Affordable MBA Colleges in India

If you are thinking that quality education cannot come at an affordable price, then you couldn’t be further from the truth. Today, there are many Online MBA Colleges in India that offer all the same facilities, advanced curriculum, online classes, and extensive career support services at a very low cost. Here, we have listed top affordable Online MBA Colleges in India:

Check Admission Requirements

Before you proceed to apply for your chosen programme, keep in mind the following checkpoints:

  • Make sure that you fulfil the eligibility criteria for your chosen programme.
  • Check if your chosen college requires an entrance examination for enrolling into the Online MBA programme.
  • Check for the micro presentation and SOP requirements.
  • Prepare all the necessary documents in advance.

As already discussed, the list of top online MBA colleges depends on multiple factors including your interests, ambitions and passions. Therefore, you must first self-evaluate your priorities and goals for choosing an Online MBA. Only then will you be able to find a college that completely fulfils your requirements.

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Top Ph.D in MBA Colleges in Bangalore

Top institutions, gender diversity, popular private bba colleges.

ICFAI Hyderabad BBA Admissions 2024

ICFAI Hyderabad BBA Admissions 2024

Merit Scholarships | NAAC A+ Accredited | Top Recruiters : Nvidia, CISCO, Genpact, Amazon & many more

Parul University BBA Admissions 2024

Parul University BBA Admissions 2024

India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 30 Lakhs Highest Package

Ishan Institute of Mgmt & Tech BBA 2024

Ishan Institute of Mgmt & Tech BBA 2024

Merit Scholarships worth 1 Crore on offer | Accredited by NAAC | Average CTC 4.76 LPA

Chandigarh University Admissions 2024

Chandigarh University Admissions 2024

NAAC A+ Accredited | Scholarships worth 170 CR

MIT World Peace University BBA Admissions 2024

MIT World Peace University BBA Admissions 2024

Merit Based Scholarships worth 50 Crores | 80% Median Placement | Highest CTC 11.17 LPA

MAHE Manipal - Admissions 2024

MAHE Manipal - Admissions 2024

Ranked #6 by NIRF 2023 | More than 85% of placements in the core companies

Acharya Institute of Technology, Bangalore (AIT Bangalore ) - Acharya Institute of Technology, Bangalore

  • Ph.D ( 1 Course )

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Al Ameen Degree College, Bangalore

Top institutes accepting applications.

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Ranked amongst top 3% universities globally (QS Rankings)

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Ranked #39 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply - 30th April

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Ranked #1 Pvt University | Institute of Eminence | NAAC Accredited | AACSB & AIU Member

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Ranked as India’s #1 Not for profit pvt. University by India Today

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New-Age Super Specializations for MBA/PGDM Programs Highest CTC 43 LPA | Average CTC 10.58 LPA 100% Placement Record

Alliance School of Business, Bangalore

  • Fees : ₹ 3.50 Lakhs

Filter by State

Amc engineering college, bangalore, amrita school of business, bangalore.

  • Fees : ₹ 1.80 Lakhs

Bangalore University - Bangalore University, Bangalore

  • P.G.D.M ( 13 Courses )

Bengaluru City University, Bengaluru

Filter by exam, gitam school of business bangalore - bengaluru school of management studies gitam, bengaluru.

  • Fees : ₹ 91.20 K
  • Ph.D ( 10 Courses )

BGS B School, Bengaluru

Bmsce bangalore - bms college of engineering, bangalore, bnmit bangalore - bnm institute of technology, bangalore, filter by branch.

  • General Management
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Brindavan College of Engineering, Bangalore

  • Exams : GATE

Canara Bank School of Management Studies, Bangalore

  • MBA ( 2 Courses )

Christ University - Christ University, Bangalore

Christ university, bannerghatta road campus, bengaluru, filter by ownership, cmrit bangalore - cmr institute of technology, bangalore, cmr university, bangalore.

  • B.B.A ( 4 Courses )

DSCE Bangalore - Dayananda Sagar College of Engineering, Bangalore

Dsu bangalore - dayananda sagar university, bangalore.

  • Fees : ₹ 3.82 Lakhs

Filter by Study Mode

Doms indian institute of science - department of management studies, indian institute of science, bangalore.

  • University Grants Commission National Eligibility Test

DBIT Bangalore - Don Bosco Institute of Technology, Bangalore

Dr ambedkar institute of technology, bangalore (ait bangalore) - dr ambedkar institute of technology, bangalore, east west institute of technology, bangalore, garden city university, bangalore.

  • Fees : ₹ 3.12 Lakhs
  • Ph.D ( 5 Courses )
  • B.B.A ( 5 Courses )

HKBK College of Engineering, Bangalore

Iim bangalore - indian institute of management bangalore.

  • Graduate Record Exam
  • MBA ( 4 Courses )

IISc Bangalore - Indian Institute of Science, Bangalore

Isme bangalore - international school of management excellence, bangalore, isbr bangalore - isbr business school, bangalore, jssate bengaluru - jss academy of technical education, bangalore, manipal centre for business practice, bengaluru.

  • Common Admission Test
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NHCE Bangalore - New Horizon College of Engineering, Bangalore

  • Ph.D ( 2 Courses )

NMIT Bangalore - Nitte Meenakshi Institute of Technology, Bangalore

Pes university, bangalore, presidency college, bangalore, presidency university, bangalore.

  • MBA ( 9 Courses )

Province College, Bangalore

  • Fees : ₹ 42 Lakhs

Rajarajeswari College of Engineering, Bangalore

Msrit bangalore - ramaiah institute of technology, bangalore, reva university, bangalore.

  • B.B.A ( 1 Course )

SJBIT Bangalore - SJB Institute of Technology, Bangalore

Svce bangalore - sri venkateshwara college of engineering, bangalore, sjim bangalore - st joseph's institute of management, bangalore.

  • P.G.D.M ( 1 Course )

Surana College, Bangalore

Xime bangalore - xavier institute of management and entrepreneurship, bangalore, upcoming management and business administration exams, ( xat ) xavier aptitude test.

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Application Date - IBT 1: May session - Last date

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( snap ) symbiosis national aptitude test, ( spjat ) s p jain aptitude test, explore on careers360.

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  1. Top 50 Best MBA Colleges In India 2023

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COMMENTS

  1. PhD After MBA in India: Eligibility, Benefits, Salary, PhD Abroad 2022

    To pursue Ph.D. after an MBA in Commerce and Management, a candidate must hold a masters' degree, MBA, or MPhil with a minimum aggregate of 55%. Candidates can seek employment in leading sectors such as Finance, Management, Commerce, etc. with an average salary of INR 3,00,000 - INR 40,00,000. Program Name.

  2. PhD after MBA in India, Benefits, Salary, PhD Abroad 2021 Leverage Edu

    Professor /Lecturer. Academician. Chief Financial Officer (CFO) Chief Executive Officer (CEO) The salary of PhD after MBA in India is somewhere between INR 7 Lakhs to 17 Lakhs per annum depending upon whether you work in the corporate sector or explore the academic domain working as a lecturer or academician.

  3. Top Ph.D in MBA Colleges in India

    Check out list of top Ph.D in MBA colleges in India with courses, fees, cut-off, admission, placement, reviews, ranking, latest news, and more on careers360.com.

  4. IIMA

    The Ph.D. Programme in Management seeks candidates with outstanding academic credentials, intellectual curiosity and discipline needed to make scholarly contributions that advance the frontiers of knowledge. It provides a diverse set of opportunities for interdisciplinary learning and research. The student opts for one of eleven functional ...

  5. Top PhD Colleges in India 2024: Ranking, Fees, Admission, Placement 2024

    Some of the popular Ph.D colleges in India are IITs, IIMs, Delhi University, and private universities like O.P. Jindal Global University, Amity University, Lovely Professional University and others. Apart from Ph.D courses, these colleges offer UG, PG, diploma and M. Phil courses as well.

  6. Top 50 Best MBA Colleges in India: Fees, Placement & Exam

    Top MBA Colleges In India: CATEGORY-2. These are the premier B-schools that rank in line with the Top 5 MBA Colleges as mentioned above. 6. Indian Institute of Management Lucknow (IIML) ... It offers courses in MBA; PhD; PhD (Executive); Executive MBA at the Main campus; AND Executive MBA at the Pune Campus. Fees: 18.9 lakh; Average Package: 16 ...

  7. PhD after MBA: In India, Admissions 2024, Entrance Exams, Fees

    A master's degree from a recognized university is the minimum eligibility for PhD after MBA in Banking and Finance. Graduates can secure positions in educational institutions, stock exchanges, banks, etc., with average salaries ranging from INR 1,80,000 to INR 6,00,000. Details.

  8. PhD in Management in India: FPM Course, Eligibility, Admissions

    Here are some of the top MBA Colleges in India offering Phd in Management with Fee details: ... Phd in Management Admission in India: Important Dates In most MBA Colleges, PhD in Management Admission process starts 6-8 months before the program begins in June/July/August. Let's check the admission process of a few institutions.

  9. Top Private PhD Colleges in India 2024

    List of Top 473 Private PhD Colleges in India based on 2024 ranking with fees structure. Get details info on courses, placements, admissions, cutoffs, address, contact details, the latest news and updates.

  10. Best Ph.D Business Analytics Colleges in India

    Check out list of top Ph.D in Business Analytics colleges in India with courses, fees, cut-off, admission, placement, reviews, ranking, latest news, and more on careers360.com. ... Top MBA Colleges in India Accepting CAT Score 2023; List of MBA Colleges in India 2024; MBA Colleges Accepting XAT Score; Predictors & Ebooks.

  11. PDF Ph.D. PROGRAMME IN

    The IIMA Ph.D. programme offers specializations in Agriculture, Economics, Finance and Accounting, Human Resource Management, Information Systems, Innovation and Management in Education, Marketing, Organizational Behaviour, Production and Quantitative Methods, Public Systems, and Strategy. We strongly encourage multidisciplinary research.

  12. Part-Time MBA Colleges in India 2024: Rankings, Fees, Placements

    The top 10 Part-time MBA colleges in India are mentioned below with their fee structure. Check the Ranking of Top MBA Colleges in India. College Name. Fees (INR) IIM Bangalore - Indian Institute of Management. 20,00,000. Symbiosis Institute of Business Management, Symbiosis. -.

  13. Top M.Phil/Ph.D in Management Colleges in India

    Add To Compare. ₹ 10,480 M.Phil/Ph.D in Management - 1st Year Fees Compare Fees. ₹ 34,10,000 Average Package ₹ 1,23,00,000 Highest Package Compare Placement. 7.8 / 10 Based on 125 User. Reviews Best in Placements. #8th/272 in India 2023.

  14. Best Ph.D Pharmaceutical Management Colleges in India

    RUHS Pharmacy Counselling 2022. KLEU AIET 2022. KLEU AIET Application Form 2022. KLEU AIET Admit card 2022. KLEU AIET Result 2022. Check out list of top Ph.D in Pharmaceutical Management colleges in India with courses, fees, cut-off, admission, placement, reviews, ranking, latest news, and more on careers360.com.

  15. Doctoral Programme 2024

    PhD Programme Brochure. For any admission related queries: Contact No: +91-80-2699 3013 / 3017. Email: phdadm [at]iimb [dot]ac [dot]in. NOTE: Online GMAT/GRE score is not applicable for PhD 2024 batch. Admission Overall Admiss.

  16. PhD Study in India

    PhD colleges in India. India is also home to over 39,000 colleges, but things aren't quite as vast (or complicated) as they seem. Indian higher education colleges tend to be affiliated with local state universities, helping deliver the teaching for the degree programmes those universities award.

  17. PhD After MBA in India: Courses, Eligibility, Duration, Career Scope

    The duration of the Ph.D. course duration after an MBA varies from the research topics, methodologies, institutions chosen or the time being invested by aspirants. Most of the time, the course duration also depends on the kind of country students have chosen. On average the completion of Ph.D. courses takes about 4-5 years.

  18. Top 50 MBA Colleges in India 2023

    Particulars Statistics; Location: Sambalpur, Odisha: Type of institute: Public/ Autonomous: Mentored by: IIM Indore: Ranking 2023 - 58 for Management by NIRF- 43 by Business India for Top B Schools Rankings 2023- 33 by IIRF Ranking 2023 among Top MBA colleges in India: Number of courses offered

  19. Top MBA Colleges in India 2024: Rankings, Fees, Cutoff, Placements

    Top MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIT Delhi, XLRI Jamshedpur, IIM Lucknow, and IIM Mumbai (NITIE), per NIRF rankings 2023.There are 5147 MBA colleges in India, of which 737 are Government and 4318 are Private MBA colleges in India.MBA Admissions are based on MBA entrance exams such as CAT, GMAT, SNAP, XAT, and MAT, followed by a GD/ PI ...

  20. MBA Rankings in India 2024: B-school Rankings, MBA College Ranking

    December 30, 2023. MBA Rankings in India 2024: MBAUniverse.com Ranking 2024 Released; IIM Bangalore Ranked #1; IIM Kozhikode jumps to #4. India's most credible B-school Rankings, MBAUniverse.com Ranking 2024 has been released on December 30, 2023. The 14 th edition of MBAUniverse.com B-School Rankings offers plenty of insights and surprises.

  21. Best Ph.D International Business Colleges in India

    Check out list of top Ph.D in International Business colleges in India with courses, fees, cut-off, admission, placement, reviews, ranking, latest news, and more on careers360.com. ... Top MBA Colleges in India Accepting CAT Score 2023; List of MBA Colleges in India 2024; MBA Colleges Accepting XAT Score; Predictors & Ebooks.

  22. Top 10 Online MBA Colleges in India 2024

    How to Find the Right Online MBA College? Think Beyond IIMs- Top 10 Online MBA Degree Colleges in India; 1. XLRI (NIRF Rank- 17) 2. S.P. Jain Institute of Management & Research (NIRF Rank- 20) 3. Indian Institute of Foreign Trade (NIRF Rank- 27) 4. Amity University (NIRF Rank- 28) 5. Great Lakes Institute of Management (NIRF Rank- 32) 6.

  23. PhD in Finance Course, Colleges, Subjects, Abroad, Salary, Scope 2024

    The following are the table of comparison between the top PhD in Finance Colleges in India. College/ University Name Shailesh J. Mehta School of Management, Mumbai ... New Delhi; Overview: SJMSOM is a part of IIT Mumbai and offers various management courses like Executive MBA, Management Development and PhD programs. Known as one of the finest ...

  24. Top 10 Arts and Humanities Colleges in India 2024

    Read more: Hindu College Placements Rank 2: St Stephen's College. St. Stephens is Delhi's oldest college, founded on February 1, 1881. Earlier, St Stephen's College was affiliated with Calcutta University and then to Punjab University.It was one of the three original constituent colleges of Delhi University when it was founded in 1922.

  25. Top Ph.D in MBA Colleges in Bangalore

    Check out list of top Ph.D in MBA colleges in Bangalore with courses, fees, cut-off, admission, placement, reviews, ranking, latest news, and more on careers360.com. ... Top MBA Colleges in India Accepting CAT Score 2023; List of MBA Colleges in India 2024; MBA Colleges Accepting XAT Score; Predictors & Ebooks.