Best 10 MBA Colleges in Gurgaon – NIRF Ranking, Fees, and Placements

Gurgaon, being a business hub which borders Delhi, has become one of the most coveted places to get an MBA from in India. Some of them are very well regarded business schools and several have received national recognition through NIRF.

One of the advantages for pursuing an MBA in Gurgaon is that there is proximity to the multinationals, start-ups, and other financial institutions, which widens the scope for interns and placements.

In this report, we will look into the top 10 MBA colleges in Gurgaon as per the NIRF rankings, fees, placement records, eligibility criteria, and specializations offered.

S. no Collage name Fees Salary NIRF Naac
1 MDI 21.34 LKS 26.65LPA 10 B
2 IMT 17 LKS 12.5LPA 50 B
3 GLIM 11.76 LKS 14.5 LPA 30-50 A
4 ABS 10.6 LKS 6.5 LPA 100 A+
5 BMLMU 13.67 LKS 8.50 LPA 100 A+
6 JKBS 5.50 LKS 5.50 LPA 100 -150 A
7 IILM 12.90 LKS 7.50 LPA 100-150 B
8 GDGU 11.80 LKS 6.50 LPA 100-150 A+
9 IBS 9.09 LKS 6.57 LPA 145 B
10 KIITCE 4.5LKS 5 LPA 150 B+

 

List of Top 10 MBA Colleges in Gurgaon as Per NIRF Ranking

  1. Management Development Institute (MDI), Gurgaon

-NIRF Ranking:  Sustained as one of the top 10 B-schools of India.

-Fees: About INR 21.34 lakhs for the two-year MBA program

Average Placement Package: INR 26.65 LPA (2023)

Specializations: Finance, Marketing, HR, Operations, and Strategy

  1. Institute of Management Technology (IMT), Gurgaon

NIRF Ranking: Ranked among the top 50 B-schools in India

Fees: Around INR 17 lakhs

– Average Placement Package:  INR 12.5 LPA

– Specializations:  Marketing, Finance, Operations, and Business Analytics

  1. Great Lakes Institute of Management, Gurgaon

– NIRF Ranking:  Within the top 30-50 range in various years

– Fees:  INR 11.76 lakhs

– Average Placement Package: INR 14.5 LPA

– Specializations: Data Analytics, AI & Machine Learning, Finance, Marketing

  1. Amity Business School, Gurgaon

– NIRF Ranking:  Ranked amongst top 100 in India

– Fees: INR 10.6 lakhs

– Average Placement Package:  INR 6.5 LPA

– Specializations: Finance, Marketing, HR, Operations, and International Business

  1. BML Munjal University, School of Management

– NIRF Ranking: Ranked amongst top 100

– Fees:  INR 13.67 lakhs

– Average Placement Package: INR 8.50 LPA

– Specializations: Entrepreneurship, Finance, Marketing, HR, Operations

  1. JK Business School, Gurgaon

– NIRF Ranking: Within Top 100-150

– Fees: INR 5.50 lakhs

– Average Placement Package: INR 5.50 LPA

– Specializations: Marketing, Finance, HR, Operations, and Entrepreneurship

  1. IILM University, Gurgaon

– NIRF Ranking: Often ranked within Top 100-150

– Fees:  INR 12.90 Lakh

– Average Placement Package:  INR 7.50 LPA

– Specializations:  Marketing, Finance, HR, Digital Business, Operations

  1. GD Goenka University, School of Management

– NIRF Ranking: Top 100-150

– Fees:  INR 11.80 Lakhs

– Average Placement Package:  INR 6.50 LPA

– Specializations:  International Business, Marketing, Finance, Operations, HR

  1. IBS Gurgaon

– NIRF Ranking:  Ranked amongst top B-schools

– Fees:  INR 9.09 lakhs

– Average Placement Package:  INR 6.67 LPA

– Specializations:  Finance, Marketing, HR, IT & Systems and Entrepreneurship

  1. KIIT College of Engineering and Management

– NIRF Ranking:  Among top 150

– Fees:  INR 4.5 lakhs

– Average Placement Package:  INR 5 LPA

– Specializations:  Finance, Marketing, HR, Operations

Worth Doing?

Indeed, pursuing an MBA from one of the top MBA colleges in Gurgaon is a worthy investment. Here’s why:

Corporate Hubs: Gurgaon has various corporate hubs, such as the offices of many world giants, including Google, American Express, EY, KPMG, Deloitte, and Accenture. Having an MBA in such a corporate hub would offer excellent prospects for networking and internships.

Placement Opportunities: The top B-schools like MDI Gurgaon and IMT are always ranked well with regard to their healthy placement record. This institution receives companies visiting them for recruitment with higher pay packages and senior management.

-World-class Infrastructure:  MBA colleges in Gurgaon offer state-of-the-art infrastructure, experienced faculty, and curricula that are kept updating dynamically according to the requirements of industry.

  • Global Exposure: Colleges like MDI Gurgaon run dual degree programs and student exchange programs with universities in all parts of the world; this brings global exposure to the student’s side.

Therefore, for those wanting to actually strengthen their career prospects in management, they should join one of these top 10 MBA colleges in Gurgaon, respectively.

Support for entrance exams by top 10 MBA colleges in Gurgaon:

Admission in most of the Top MBA Colleges in Gurgaon is made through national-level entrance tests. Some of the commonly accepted ones include:

  1. CAT (Common Admission Test) : Accepted by all top B-schools, including MDI Gurgaon, IMT, and Great Lakes.
  2. XAT(Xavier Apptitute test) : accepted by a select few like IMT gurgaon

3.GMAT (Graduate Management Admission Test) : The MDI Gurgaon accepts GMAT scores primarily for executive MBA and foreign students.

  1. CMAT (Common Management Admission Test) : A few institutions, such as BML Munjal University and Amity Business School, accept the CMAT score.
  2. MAT (Management Aptitude Test) : Some institutions like IBS Gurgaon and JK Business School accept MAT scores.
  3. NMAT by GMAC: Very few private universities and schools of management accept NMAT scores with very limited seats, including NMIMS.

The final stages of filtering candidates could involve additional rounds like group discussion (GD), personal interview (PI), and possibly a written ability test (WAT).

Eligibility for Top MBA Colleges in Gurgaon:

Though all MBA colleges have their specific admission criteria, here is a general overview of the eligibility for getting into the top 10 MBA colleges in Gurgaon.

  1. Academic Qualification: The applicant must hold a bachelors degree in any discipline obtained by securing at least 50% aggregate marks from any recognized university.

All the colleges require entrance exams like CAT, XAT, GMAT, CMAT or MAT.

  1. Experience at Work: 2-3 years of experience is a minimum requirement for some courses, and notably, MDI Gurgaon, while regular MBA programs also accept fresh pass-outs.
  2. Selection Rounds: Entrance exam eligible candidates will be shortlisted for further rounds of selection, which may or may not include GD, PI, and WAT, among others.
  3. Upper Age Limit: There is no upper age limit for MBA programs, but executive programs would rather prefer the candidate to have work experience.

Top 10 MBA Colleges in Gurgaon Placement Records

There is also a strong reason why MBA colleges in Gurgaon are more attractive through placement records. Let’s take a look at the placement highlights of the top 10 MBA colleges in Gurgaon.

  • MDI Gurgaon: High placement rates are seen here also. In the results 2023, the average package stood at INR 26.65 LPA. But companies like McKinsey, Deloitte, and Amazon have made huge offers.
  • IMT Gurgaon: The average package in 2023 stood at INR 12.5 LPA. Companies like Accenture, EY, and PwC made significant offers.
  • Great Lakes Institute of Management: At Great Lakes, the average package stood at INR 14.5 LPA, with Cognizant, Infosys, and HSBC as top recruiting companies.
  • Amity Business School: Average placement package at Amity Business School stood at INR 6.5 LPA with frequent recruitments by HDFC Bank, Tech Mahindra, and Reliance.
  • BML Munjal University: Average salary stood at INR 8.5 LPA and Siemens, KPMG, and Maruti Suzuki are some of the prominent recruiters for the institute.

The top 10 MBA colleges In Gurgaon have great placement opportunities. The average salary comes between INR 5 to 26 lakh per annum.

Specializations Offered by Top 10 MBA Colleges in Gurgaon

The specializations provided by the best MBA colleges in Gurgaon are set with the idea of an understanding of changing requirements of industries. Here is a few of the most popular specializations available as well:

Finance

– Marketing

– Human Resource Management

– Operations Management

– Business Analytics

– Entrepreneurship

– Information Technology

– International Business

– Digital Business

Numerous colleges also provide niche specializations like AI & Machine Learning, Data Science, and Sustainability Management that have responded to the ever-growing demand of such fields.

An MBA from Gurgaon would provide easy access to a buzzing business and innovation hub, thus not just offering the degree but augmenting career prospects. All an MBA holder gets is the best education combined with placement opportunities and industry exposure.

These are the very reasons why top 10 MBA colleges in Gurgaon are considered one of the smart choices for aspiring business leaders. Apart from highly competitive entrance exams and detailed admission processes, such institutions give them the best-in-the-world talent, which is easily filtered out.

If you want to upgrade your managerial skills and have a successful career ahead, then joining one of these top institutions would be worthwhile.

Whether it’s quality education, good placement opportunities, or access to the world of business, these best MBA colleges in Gurgaon are considered to be amongst the top for prospective MBA student

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