Magazine : 
Top Private Destinations for MBA in India
India is home to 5000+ MBA colleges out of which around 2900 colleges are privately owned. Private colleges primarily provide PGDM courses that are equivalent to an MBA degree. If the PGDM course is approved by AICTE then only it can be comparable to MBA in India.
Outlook is a general interest English and Hindi news magazine published weekly in India. Under its Outlook I-Care Survey, the magazine publishes top colleges under various categories and subjects. The participating colleges will receive a questionnaire and provide certain details about their college. Outlook will rank these colleges based on their own parameters like employability, research, faculty quality, student ratio etc.
Xavier School of Management is the best private MBA college in India. It tops both in terms of Outlook-Icare Rankings 2023 as well as NIRF Management Rankings 2022 for private colleges. Admission to this takes place through XAT although top MBA entrance exams like CAT is also acceptable.
Top Private Colleges
Outlook Icare takes 5 parameters into consideration while ranking the MBA colleges which are Faculty Student Ratio, Research, Employability, Faculty Quality, Inclusiveness and Diversity. All the parameters are not equally considered. Faculty Student Ratio and Employability have a weightage of 25% each. Research and Inclusivity have a weightage of 20% each whereas Research is given a 10% weightage.
|
Outlook-ICARE India MBA Rankings 2023 |
College Name |
Fees (INR) |
|---|---|---|
|
1 |
Xavier School of Management, Jharkhand |
12,90,000 |
|
2 |
Management Development Institute, Gurgaon |
23,43,400 |
|
3 |
Great Lakes Institute of Management, Chennai |
13,10.000 |
|
4 |
Ta Pai Management Institute, Manipal |
8,00,000 |
|
5 |
Xavier Institute of Management, XIM University, Bhubaneswar |
9,40,000 |
|
6 |
Symbiosis Institute of Business Management, Pune |
5,55,000 |
|
7 |
Loyola Institute of Business Administration, Chennai |
8,63,000 |
|
8 |
Amity Business School, Amity University, Noida |
6,08,000 |
|
9 |
Kalinga Institute of Industrial Technology, Bhubaneswar |
7,25,000 |
|
10 |
University School of Business, Chandigarh University, Mohali |
2,17,000 |
Private Colleges with Best Employability
MBA is pursued in search of better career prospects and higher salary. Employability of a college’s MBA degree is one of the most important factors when choosing an MBA College. XLRI and MDI Gurgaon are the best MBA colleges in terms of employability. XLRI provided 100% placement in 2022 with an average salary of INR 30 Lakhs whereas MDI Gurgaon provides an average salary of INR 23 Lakhs.
|
Outlook-ICARE India MBA Rankings 2023 as per Placements |
College Name |
Score |
|---|---|---|
|
1 |
Xavier School of Management, Jamshedpur |
100 |
|
2 |
Management Development Institute, Gurgaon |
100 |
|
3 |
Great Lakes Institute of Management, Chennai |
97.28 |
|
4 |
Kalinga Institute of Industrial Technology, Bhubaneswar |
97.89 |
|
5 |
Symbiosis Institute of Business Management, Pune |
97.13 |
|
6 |
Amity Business School, Amity University, Noida |
96.42 |
|
7 |
Xavier Institute of Management, XIM University |
94.88 |
|
8 |
University School of Business, Chandigarh University, Mohali |
95.06 |
|
9 |
Goa Institute of Management, Sattari |
94.4 |
|
10 |
Ta Pai Management Institute, Manipal |
92.05 |
Private Colleges with best Faculty Quality
A good faculty goes a long way for students to become employable. The concepts of management and the purpose of the course are addressed with a proper understanding of the subjects. A faculty with expired professors will help to make concepts of management clear to the students. An experienced faculty also helps to make better networking opportunities for the students.
|
Outlook-ICARE India MBA Rankings 2023 as per Faculty Quality |
College Name |
Score |
|---|---|---|
|
1 |
Loyola Institute of Business Administration, Chennai |
95.61 |
|
2 |
XLRI-Xavier School of Management, Jamshedpur |
94.71 |
|
3 |
Siva Sivani Institute of Management, Hyderabad |
93.2 |
|
4 |
Great Lakes Institute of Management, Chennai |
93.49 |
|
5 |
Management Development Institute, Gurgaon |
92.89 |
|
6 |
Amity Business School, Amity University, Noida |
92.15 |
|
7 |
Ta Pai Management Institute, Manipal |
92.69 |
|
8 |
University School of Business, Chandigarh University, Mohali |
92.67 |
|
9 |
Chitkara Business School, Chitkara University, Rajpura |
92.97 |
|
10 |
Goa Institute of Management, Sattari |
90.52 |
Cities with Top Private MBA Colleges
|
City Name |
No of Colleges |
|---|---|
|
Chennai |
10 |
|
Bangalore |
16 |
|
Pune |
24 |
|
Mumbai |
12 |
|
Delhi |
10 |
|
Kolkata |
12 |
|
Hyderabad |
5 |
Private Colleges account for almost 52% of all MBA colleges in India. Private MBA colleges provide a way better connection with the actual market. Students will work with modern software that is relevant in the market. XLRI is the best MBA college in Human Resources specialization.
It is advisable for students to choose private colleges for MBA over Baby IIMs. Top Private colleges offer MBA admission at comparatively lower cut-off scores and provide the best facilities.
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