MBA Education is an important decision and one that requires considerable thought. Traditionally, MBA was an option considered only after a few years of work experience, with one of the many tony Business Schools in India.

In India, however, many freshers opt for MBA right after their graduation and write Management entrance exams in their final year of graduation itself.

With only around 4,200 seats in all IIMs combined, the competition is intense and the pressure high. Still, there are many other institutes which offer top class management education in India.

Top 10 (Non-IIM) B-Schools in India

Here are ten Business Schools in India that given competition to the IIMs on all these parameters –

1.Xavier Labour Relations Institute, Jamshedpur

XLRI is synonymous with Human Resource Management in India; with most of its alumni performing exceedingly well in the HR domain. It is the oldest management institute in India (since 1949) and has maintained a consistently high rank, with 100% placements every year. This is the school to aim for an outstanding career in HR.

2.Faculty of Management Studies (FMS), Delhi

Strong Alumni, Academic Strength, Best Return on Investment – that’s how you can sum up the FMS MBA experience. Offering an MBA certificate instead of a PGDM certificate, this Delhi University course has a record of well-placed alumni.

However, what sets it apart from the other top ten Business Schools in India is the Return on investment, it has the lowest course fees – the annual fee for Full Time MBA is only Rs. 10,480 per annum!

3.SP Jain Institute of Management & Research, Mumbai. (India Education)

SPJIMR is a consistent, top-ranked Business School in India and is consistently evolving by offering industry-driven programmers.

Started in 1981, it has a wide network of alumni and a vibrant corporate interface thanks to its location!

3.Management Development Institute (MDI), Gurgaon

MDI was started in 1973 as an institute for training & research in management, since then it has carved a name for itself as a premier management institute. Located conveniently in Gurgaon, the corporate capital of India, it has created a strong industry partnership. It also has been the first Indian Business School to get international accreditation and has several accomplished faculties.

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

IIFT is India’s best Business School to specialise in Foreign Trade. Established in 1963, to professionalise foreign trade management, it now offers comprehensive programs in management. It has expanded its campus to Kolkata and Dar-Es-Salaam (Tanzania), the Delhi campus continues to be the best.

With strong industry ties, it now a think-tank for government and industry. For students aiming for a career in Trade, Policy and Commerce, this is even better than IIMs in India!

5.International Management Institute (IMI), New Delhi

The only B-School with a corporate sponsorship; it was set up in 1981 by Sanjiv Goenka, Chairman of the RPG Goenka Group. With such a focus on corporate management and industry, IMI has grown over a few decades – with campuses in Bhubaneswar and Kolkata. It is also one of the seven B-Schools to get the prestigious AMBA accreditation.

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

Started in 1981, under the Mumbai University, the NMIMS is now a deemed university. It has spread into other disciplines teaching more than 6,000 students in 9 specialised schools. However, its flagship Business School remains top-rated among Business Schools in India. Its convenient location (Mumbai) has enabled it to grow its corporate partnerships and foster alumni networks.

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7.National Institute of Industrial Engineering (NITIE), Mumbai

Considering a solid career in Industrial and Manufacturing Management? Opt for NITIE (since 1963), a training institute to promote the industrial sector. Today, students from NITIE are making a mark not just in manufacturing sectors but across the prism in varied roles and industries.

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

JBIMS is the Management School of the Mumbai University but thanks to its efforts towards staying relevant in management education, it has managed to rank among the top ten Business Schools in India consistently.With great placement packages and strong alumni network.With great placement packages and a strong alumni network, it is a perfect choice for students looking out for holistic education.

9.Indian School of Business (ISB), Hyderabad

ISB aims to compete with the best in the world with a formidable global ranking. It has faculty from across the globe offering unique courses that set apart itself from other schools in India. It has both academic and industry associations which give an advantage to the student who seeks a world class management education in India!

Buck up now and prepare for joining the Batch of 2020 in the best Business Schools in India!