Top Non-IIM MBA Colleges in India and their Specializations

Top Non-IIM MBA Colleges in India and their Specializations

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

Non-IIM refers to management institutes in India that are not part of the prestigious Indian Institutes of Management (IIMs). The IIMs are a group of autonomous public technical and research universities located across India, known for their high academic standards and rigorous selection processes.

  1. FMS (Faculty of Management Studies), Delhi

Exam Accepted

CAT

Fees

1.92 Lakhs

Courses Offered

MBA

 

Average Placement

25.6 LPA

No. of Seats

287

  • FMS GDPI information FMS is considered one of the best B-School in terms of ROI. It is one of India's oldest colleges, founded in 1954 and owned by the government.
  • To apply in FMS students need to register and fill the application form along with the Rs.1000 application fee payment. Candidates get shortlisted through CAT scores go through Extempore and GD-PI to get admission.
  • Some of the top recruiters are Flipkart, Microsoft, Airtel, Capgemini ELITE, Amazon, Shell, American Express, IDBI Bank, JP Morgan chase, Edelweiss Capital, Axis Bank, India Bulls, SBI Capital Services, Cadbury India Limited, Kellogs, ITC, Maruti Udyog Limited, Nestle, TATA Motors, P&G, Whirlpool, Gillette, GSK, IBM Consulting, Wipro, TCS, etc.
  • The best stream for FMS is Marketing. In fact, FMS is one of the top MBA colleges of this country for the specialization in the field of marketing. Here, the faculties are from various world class institutes and are top notch.

 

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

Exam Accepted

CAT, XAT, GMAT

Fees

Rs.17.5 Lakhs

Courses Offered

PGDM

Average Placement

Rs.26.36 LPA

No. of Seats

240

  • SPJIMR is an independent b-school founded in the year 1981. It is among the top B-school colleges in India. It is situated in 40 acres of areas in Andheri West, Mumbai. Shortlisted candidates based on exam results are split into two categories, based on profile and profile-cum ranking. They have in- SCM, Operations, Communications, Database Technology, and Finance specializations.
  • They have a diverse student population, and they have groups based on personality and ranking. Some of the top recruiters at SP Jain are: Pidilite, BCG, Nivea, Paytm, P&G, American Express, Amazon, Mahindra, McKinsey & Company, Bain & Co., Google, Nestle, Microsoft, Goldman Sachs, Tata Administrative Services, Airtel, Hindustan Unilever, Johnson & Johnson, Deloitte, PwC, EY, Uber, Britannia, Bajaj Auto, Castrol, OYO Rooms, Philips, Aditya Birla Retail Limited, Amway, Sterlite Power.
  • The programme offers specializations in Finance, Information Management, Marketing and Operations.

 

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

Exam Accepted

XAT, GMAT

Fees

Rs.16.8 Lakhs

Courses Offered

PGDM

Average Placement

Rs.24.3 LPA

No. of Seats

180

  • XLRI was formerly known as Xavier Labour Relations Institute. It was established in 1949. It is approved by AICTE and credited by NBA, AMBA, and AACSB. They offer specialization in business administration, human resource management and general management. The Institute gives students box placement support and global visibility. Every year some of the reputed companies visit the campus for placements.
  • They are best in the field of HRM. Recruiters include JP Morgan Chase, TATA Hitachi, TCS, VLCC, ITC, Muthoot Fincorp, Infosys DCG, Dell, ICICI Bank, Trident, Goldman Sachs, Cognizant, Amazon, Axis Bank, L&T ECC, KPMG, Hexaware, HCL, Tech Mahindra, OYO and Byjus, etc.
  • Business Management (BM) programme is extremely prestigious and is rated as one of the finest of its kind in the country. The alumni of this programme currently occupy very significant positions in various industries, both in India and abroad.

 

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

Exam Accepted

MAH-CET, CAT, CMAT, MAT, ATMA

Fees

Rs.6 Lakhs

 

Courses Offered

MMS

 

Average Placement

Rs.20.13 LPA

 

No. of Seats

120

 

  • This institute was established in the year 1995 and has produced illustrious alumni like Chanda Kochhar, Mani Ratnam, Vinita Bali, Siddharth Roy Kapoor, and many more. JBIMS offers the specializations Finance, Communications, Operations, systems, and HR.
  • Some of the top recruiters at JBIMS are J.P. Morgan Chase & Co., Goldman Sachs, McKinsey & Company, Hindustan Unilever, The Boston Consulting Group, ICICI Bank, Godrej Consumer Products, Mahindra Group, TATA Group, and Reliance Industries Limited amongst others.
  • System and Digital Business Specialization This Programme not only make students fundamentally strong in respective areas but sharpen their management and decision-making skills.

 

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

Exam Accepted

IIFT

Fees

Rs.7.6 Lakhs

Courses Offered

MBA

Average Placement

Rs.18.41 LPA

No. of Seats

420

  • It is one of the top MBA colleges of India established in 1963. It is an autonomous B-school established by the Indian Government to help the country professionalize in Foreign Trade. IIFT became deemed university in 2002. They offer a specialization in International Business (MBA-IB).
  • They do a paper-based analysis followed by the entry GD, WAT, and PI. Paytm, Unified Wellness, Polycab, Roland Berger, Aegis Capital, Bata, Axtria, DE Shaw Group, Epik InDiFi, Enhance Group, Export Trading Company, Fermenta Biotech, Field Fresh Foods, Go-MMT, HomeCredit, Lenskart, Rivigo and Samunnati Finance are some of the top recruiters at IIFT.
  • IIFT has emerged as a national university with focus on International Business Management and Strategy, and such focus is reflected in all three major activities of the Institute: Research, Training and Education.

 

  1. Symbiosis Institute of Management, Pune

Exam Accepted

SNAP

Fees

Rs.20.5 Lakhs

 

Courses Offered

MBA

 

Average Placement

Rs.17.48 LPA

 

No. of Seats

180

 

  • Symbiosis Pune is one of the top B-school of India established in 1978. This privately-owned college provides MBA and Executive MBA. Shortlisted candidates by SNAP go through the GD-PI to get final selection. They offer specialization in Marketing, Finance, HR, Operations, Operations Management, and Innovation and Entrepreneurship. Accenture, Bajaj Finserv,
  • Google, Shell, Barclays, IDFC Bank, Mahindra Comviva, Mindtree, Reckitt Benckiser, Trafigura Global, Societe Generale, Vodafone and Walmart are among the top recruiters.
  • finance and marketingis the top specialization in SIBM

 

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

Exam Accepted

TISS

Fees

Rs 1.05.Lakhs

 

Courses Offered

MA

Average Placement

Rs.20.06 LPA

 

No. of Seats

60

  • R.D Tata founded TISS in 1986. The University research programmes concentrate on the social sciences and offer doctoral degrees in business and labour relations, disaster relations, development studies, culture, gender studies, human care, law, media and cultural studies, public policy, economic development and social work.
  • They offer specialization in HRM and Labour Relations. Some of the top recruiters are Swiggy, Amazon, Udaan, Taj Group, Wipro, Dell, Walmart, Deloitte, Lodha group, and Arti industries, etc.
  • Master of Arts in Human Resource Management and Master of Arts in Social Work (MA SW)

 

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

Exam Accepted

NMAT

Fees

Rs 18 Lakhs

 

Courses Offered

MBA

Average Placement

Rs 14.37 LPA

 

No. of Seats

540

  •  NMIMS is a deemed to be university in Vile Parle, Mumbai. NMIMS was founded in 1981 by Shri Vile Parle Kelavani Mandal through the donation of the Narsee Monjee Educational Trust as a Mumbai University affiliated managerial institution.
  • They offer marketing, finance , logistics, HR and business analytics specializations. It is accredited by NAAC. Some of the top recruiters are HDFC Bank, DHL Express, SBI Life Insurance, Aviva India, Aditya Birla Insurance Brokers, Max Life Insurance, Goldman Sachs, Citibank India, Kotak Mahindra Bank, ICICI Securities, Future Supply Chain, and Honeywell, etc.
  • MBA In Digital Marketing is the top specialization in NMIMS

 

  1. MICA Ahmedabad

Exam Accepted

MICAT, CAT, XAT, GMAT

Fees

Rs 20 Lakhs

 

Courses Offered

PGDM/PGDM-C

 

Average Placement

Rs 12.80 LPA

 

No. of Seats

216

  • Mudra Institute of Communication is an autonomous B-school established in 1991. It offers higher education courses in marketing and communications. MICA provides interdisciplinary two-year PG diploma courses. It offers a postgraduate diploma in management and communications and a one-year certificate program in crafting creative communication. Some of the top recruiters in MICA are Safari, Amazon, Amul, Deloitte, Amway, Citibank, Cactus, Cadillac, Flipkart, USHA, TATA Steel, SONY, RBL Bank, Target, VIP, Raymond, Havells, Samsung, Reliance, Google and IBM, etc.
  • MICA Known as the 'Mecca of Marketing', MICA is counted amongst the foremost institutes for Marketing specializations and offers the Post-graduate Diploma In Management - Communications (PGDM-C), a two-year programme for budding marketers.

 

  1. NITIE, Mumbai

Exam Accepted

CAT

Fees

Rs 6.26 Lakhs

 

Courses Offered

PGDM

Average Placement

Rs 15.83 LPA

 

No. of Seats

540

  • National Institute of Industrial Engineering located in the heart of Mumbai established in 1963. It is among the one the top B-schools in India. They offer specialization PGDIE (Post Graduate Diploma in Industrial Engineering), PGDIM Post Graduate Diploma in Industrial Management, PGDISEM (Post Graduate Diploma in Industrial Safety and Environmental Management), and PGDMM (Post Graduate Diploma in Manufacturing Management). Some of the top recruiters of NITIE include Maruti Suzuki, Rivigo, Yes Bank, Siemens & ICICI Bank, etc.
  • NITIE offers specializations in Operations and Supply Chain, business analytics, marketing and finance

 

  1. ISB (Indian School of Business), Hyderabad

Exam Accepted

GMAT

Fees

Rs 32.82 Lakhs

Courses Offered

PGPM

Average Placement

Rs 21 LPA

 

No. of Seats

886

 

  • ISB is a private business college established in 2001. It is accredited by AACSB. It has spread across 260 acres in the city of Hyderabad. Some of the top recruiters at ISB are ABP News Network Pvt Ltd, Accenture Solutions Pvt Ltd, Amazon, Amway, Aditya Birla Group, Adani group, Apple South Asia Pte Ltd, Axis Bank, Airtel, Bajaj Finserv, Goldman Sachs.
  • Johnson & Johnson, Citibank N.A., Cognizant, Colgate Palmolive India Limited, Deloitte USI, Flipkart.com, Firstcry.com, Godrej Industries Limited, Google India Pvt Ltd, HDFC Bank, HUL, ICICI Bank, KPMG, and Loreal India Pvt Ltd, etc.
  • Logistics and Supply Chain Management is the top specialization in ISB

 

  1.  MDI (Management of Development Studies), Gurgaon

Exam Accepted

CAT

Fees

Rs 19.8 Lakhs

 

Courses Offered

PGPM/PGP-HR/PGP-IM

 

Average Placement

Rs 22 LPA

 

No. of Seats

420

  • MDI is a private business school established in 1973. The campus in Gurgaon is spread over 37 acres of land and provides excellent infrastructure. It is the first B-school that earned AMBA accreditation. For final selection shortlisted candidates through CAT go through GD-PI. Some of the top recruiters of MDI Gurgaon are Deloitte USI, OYO Rooms, KPMG, JP Morgan Chase, Airtel, KPMG, American Express, Accenture, Hinduja Group, Infosys and Bain Capability Centre.
  • MBA in Human Resource Management This specialization of MBA is also a very popular one and is a suitable option for management studies for those who are adept at using their soft skills to interact with others, as well as address and manage people at the workplace.

 

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

Exam Accepted

CAT

Fees

Rs 8.75 Lakhs

 

Courses Offered

MBA

Average Placement

Rs 19.06 LPA

No. of Seats

120

  • SJMSOM, an academic unit of IITB, has its distinct place as a national and global business management school. SJMSOM also offers post-graduate Master of Management (MOM) and Ph. D. programs and has recently launched an Executive MBA, jointly with the Washington University at St. Louise, USA. SJMSOM gives a well- designed curriculum and training to the students preparing them to meet the contemporary challenges in their professional life ahead.
  • They offer specialization in Marketing, Finance, Consulting, Supply Chain, Operations, and IT. Some of the top recruiters are PwC, Accenture, Flipkart, GEP, Google, IBM, Mondelez, Nestle’, Proctor & Gamble, Deloitte, Amazon, Cadbury, Axis Bank, Kotak, Yes Bank, JP Morgan Chase, SBI, IBM, Flipkart, Google, Intel, Snapdeal, Bisleri, Colgate and Tata Global Beverages.
  • Finance management is a top MBA specialization which is taken up by an enormous number of management professionals and MBA aspirants in every admission season.

 

  1. IMT (Institute of Management Technology), Ghaziabad

Exam Accepted

CAT/XAT/GMAT

 

Fees

Rs 19 Lakhs

 

Courses Offered

PGDM

Average Placement

Rs 12.5 LPA

 

No. of Seats

660

 

  • IMT Ghaziabad is one of the best Business schools in India and has been awarded the prestigious AACSB accreditation. It has been consistently ranked among the top 10 B-schools by various credible ranking agencies like Business Today, CRISIL, and has extensive industry partnerships in the Business school arena.
  • The Institute of Management Technology (IMT) Ghaziabad provides PGDM in Marketing, Finance, and PGDM-Banking, Insurance, and Financial Services (PGDM-BIFS). Some of the top recruiters at IMT Ghaziabad are Deloitte, PwC, Google, L’Oréal, JP Morgan, Britannia, Goldman Sachs, Microsoft, SAP, and Accenture.
  • MBA in IT ManagementIT management is a field pertaining to the computer sciences and technology sector wherein technology and management enthusiasts can explore a career. This MBA specialisation is a popular choice among students and can provide vast career scopes in India and abroad.

 

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

Exam Accepted

CAT

Fees

MBA

Courses Offered

Rs 11.5 Lakhs

Average Placement

Rs 16.29 LPA

 

No. of Seats

140

  • VGSom is a West Bengal Public B-school. It is the first college of management founded under the Indian Institute of Technology in 1993. It was designed for managers with a deep technical experience to build. VGSoM was launched following the US Sloan School of Management model, Massachusetts Institute of Technology (MIT). They offer specialization in Sale & Marketing, Operations, Analytics, Consulting, and IT.
  • Some of the top recruiters are HSBC, Trident, Vedanta, Tata Power, IBM, ICICI Bank, JP Morgan, TCS, IBM, Wipro, Infosys, Genpact, Axtria, CRISIL, eBay, Accenture, Kotak, Edelweiss, and Cluster,
  • VGSoM is good for Operarions, consulting and Analytics, even better than new IIMs and many ither top b schools.

 

  1. DoMS, IIT Madras

Exam Accepted

CAT

Fees

Rs 8 Lakhs

 

Courses Offered

MBA

Average Placement

Rs 12.44 LPA

 

No. of Seats

68

  • It is one of the top Non-IIM colleges in India. It was established in 2004. The Campus is spread across the area of 600 acres in Chennai. They offer a specialization in HR, Marketing, and Finance.
  • Some of the top recruiters are TATA, Infosys, AG Facilities Solutions, Chalo, Kantar Analytics, Fractal Analytics, Micron Technologies, OSG Analytics, Trexquant, Visual BI, William O’ Neil, ZS Associates, Zycus, Accenture, Amazon, Cisco, Cognizant, Dell, Ford, and McKinsey.
  • Logistics and Distribution Managementis the top specialization in ISB

 

  1. DMS, IIT Delhi

Exam Accepted

CAT

Fees

Rs 9.6 Lakhs

 

Courses Offered

MBA

Average Placement

Rs  18.47 LPA

 

No. of Seats

115

  • DMS-IIT Delhi is a highly ranked B-school, spread over the 320 acres area. In 1993 the management studies department introduced MBA programmes. UGC and AICTE agree that. The department currently runs a two-year full-time MBA programme (General and focused on Managing Telecommunications Systems).
  • Some of the Top recruiters include Shell, Amazon, Accenture, Capgemini, EY, GAIL, Deloitte, KPMG, IBM, HSBC, HP, IOC, Cognizant, GE, Wipro among others.
  • The following courses are very good at DMS, IIT DelhiManagerial Accounting and Financial ManagementManagerial EconomicsAdvanced Financial Management

 

18. XIMB (Xavier Institute of Management), Bhubaneswar

Exam Accepted

XAT, CAT, GMAT

 

Fees

Rs 17.3 Lakhs

 

Courses Offered

MBA

Average Placement

Rs  14.5 LPA

 

No. of Seats

480

  • XIMB was established in 1987. The institute is also known to carry out research and development activities regularly in collaboration with government departments in the state. It is the Centre of Excellence in Fiscal Policy and Taxation (CEFT) set up by the state government. They offer a specialization in Business Management. The Campus is spread across the area of 20 acres.
  • Some of the top recruiters are HCL Technologies, Wipro, IBM, Mindtree, Infosys, Deloitte, UHG, ICICI Bank, PWC, Royal Bank of Scotland, GAIL, Accenture, HSBC, etc.
  • Business Management is the flagship program in XIMB.

 

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

Exam Accepted

CAT/XAT

Fees

Rs  5.54 Lakhs

 

Courses Offered

PGDRM

Average Placement

Rs  12.84 LPA

No. of Seats

180

  • The institute was established in the year 1979 by Dr. Verghese KurienDr. Kurien is regarded as 'India's White Revolution Dad.' IRMA was established with the assistance of the Swiss Development Cooperation Agency, the Government of India, the Gujarat Government, Indian Dairy Cooperation and the National Dairy Production Board.
  • IRMA delivers management education focusing on real-life business challenges and socio-economic concerns faced by marginalised populations. IRMA delivers graduate and research courses. They also deliver Postgraduate Diploma in Rural Management, Rural Management Fellow Programme, Executive PGDRM. Some of the top recruitments are Big Basket, Adani, Godrej, ITC Limited, Mother Dairy, IDFC, ICICI, Vedanta Ltd., Future group, Grofers, Pidilite Industries Limited, etc,
  • Specialization in Rural Management: IRMA is one of the few institutes in India that offers an MBA in Rural Management.

 

20. TAPMI Manipal

Exam Accepted

CAT, XAT, GMAT

 

Fees

Rs 14.6 Lakhs

 

Courses Offered

PGDM

Average Placement

Rs  11.4 LPA

 

No. of Seats

420

  • TAPMI is the fifth institution to have dial accreditation of AACSB(Association to Advance Collegiate Schools of Business) and AMBA (Association of MBAs) established in 1980 by Shri T.A. Pai. TAPMI conducts student and faculty exchanges with Sheffield Hallam University, UK, Macquarie University, Australia, and the Asian Institute of Management, Manila.
  • They offer specialization in Consulting, Baning and Financial Services, Human Resources, and Marketing. Some of the top recruiters are Accenture, Dell, Amazon, Flipkart, Zoho, Practo, Radio Mirchi, Goldman Sachs, Citi Bank, CRISIL, IBM, Infosys, HDFC, HSBC, Titan, Salesforce, Tata motor, Volvo, etc. Apply Now
  • Finance and Marketingare the best specializations at TAPMI. The placements are better in these domains.

 

21. Fore School of Management

  • FORE School of Management also known as FORE, is a non-profitable Institute in South Delhi, Delhi, India. It was incorporated in the year 1981. FORE School of Management is a B-School in Delhi NCR. It was ranked 43rd all over the country by NIRF. The institute offers Management programs such as PGDM, PGDM-IBM (International Business), PGDM-FM (Financial Management), PGDM-BDA (Big Data Analytics), Executive PGDM, and Fellow Program in Management (FPM).
  • The institute also accepts the XAT and GMAT scores. Students with a minimum of 85%tile and 650 marks in XAT and GMAT respectively will also be eligible for applying to the PGDM course. Shortlisted candidates will be considered for a business awareness quiz, essay writing (WAT)/Extempore/Group Discussion followed by personal interview. It also provides 3 diploma courses and all the courses are AICTE approved. The highest salary a student of FORE got is 30 LPA and the average salary of FORE increases every year. In recent times, FORE has established itself amongst the top B-schools in New Delhi.
  • The School is known for its PGDM courses in International Business, Financial Management, Big Data Analytics electives.

 

22. SDA Bocconi Asia Center:

Exam Accepted

CAT, XAT, GMAT

Fees

Rs. 18.60 LPA

 

Courses Offered

International Master in Business – IMB (Previously PGPB)

 

Average Placement

Rs. 12.3 LPA

 

No. of Seats

170

  • SDA Bocconi is a leading institution that is an extended version of the famous SDA Bocconi school of management in Italy. SDA Bocconi School of Management is currently ranked 3rd Business School in Europe by Financial Times and holds the Triple Crown Accreditation - AACSB, AMBA, and EQUIS.It follows a similar curriculum and international standards to their International institutes.
  • Some of the top recruiters that come here are H&M, PWC, Ador Group, ICICI Bank, SDF, Bausch & Lomb, KPMG, L&T, Tolaram, Deloitte USI, Ernst and Young, Future Group, Vodafone Idea, etc. Apply Now
  • The International Master in Business (IMB)is a specialized Master program fully equivalent to a postgraduate program that brings to India the expertise and the international standing of SDA Bocconi School of Management, Italy.

 

23. ITM Business School

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

In conclusion, before embarking on an MBA journey in any of the top non-IIM colleges in India, prospective students should be equipped with a set of essential skills. Effective communication, leadership abilities, analytical thinking, and adaptability are crucial traits that can significantly enhance the learning experience and future success in the dynamic business world. 

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