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Rupesh Biswas

Content Curatorrrrr | Updated on - Oct 19, 2021

The top MBA colleges in Bangalore according to placement include IIM Bangalore, XIME Bangalore, and SIBM Bangalore. These colleges are ranked by ranking agencies like NIRF and others and many of them charge low fees for MBA education.

Check the list of MBA Colleges with Fees Less than 1 Lakh in Bangalore.

  • There are 234 MBA colleges in Bangalore, comprising 213 private and 21 public MBA colleges.
  • NIRF has ranked IIM Bangalore as the 2nd best MBA college in India in the list released for 2021 survey.
  • Admission in IIM Bangalore are done through CAT and GMAT for Domestic and International Students respectively. For 2-year fulltime MBA program, IIM Bangalore fees is INR 23,00,000 apart from other small charges like Caution Money and Hostel Charges.

Continue reading this article for useful data like Cutoff scores, fees, placements and admission process of the top colleges.

Learn More: Top MBA Colleges in Bangalore Accepting CMAT Score

Top MBA Colleges in Bangalore: Ranking

Every year, various ranking agencies release the list of top colleges in India divided into different categories like top MBA colleges in India. These rankings are based on different parameters like Faculty Quality, Perception of the University, Placements and Research Support. Listed below are some of the rankings for top MBA colleges in Bangalore as released by different agencies.

Top MBA Colleges in Bangalore: NIRF 2021 Ranking

The National Institutional Ranking Framework (NIRF) releases the most authentic list of top universities in India every year. In the latest NIRF 2021 Ranking, the framework has ranked IIM Bangalore as the best MBA college in Bangalore.

  • IIM Bangalore and Alliance University are the only institutes which have managed to rank in the latest NIRF 2021 rankings.
  • In 2017, XIME Bangalore was also ranked by the agency at 50th position in India.

The following list mentions these colleges with the fee structure.

College Name NIRF Ranking 2021 NIRF Ranking 2020 Change Average Annual Fees
IIM Bangalore 2 2 0 INR 10,70,000
Alliance University 60 39 -21 INR 7,00,000

The different parameters involved in the ranking and their weightage are shown in the chart below.

Top MBA Colleges in Bangalore: Dalal Street Ranking

Given below is a table showing the ranking of top MBA colleges in Bangalore in 2022 by Dalal Street. Dalal Street this year has named XIME Bangalore as the No. 1 MBA college in Bangalore.

College Name Dalal Street Ranking 2020 Dalal Street Ranking 2018 Change from Previous Year Average Annual Fee
XIME Bangalore 1 Not Participated - INR 10,00,000
Christ University 2 1 -1 INR 3,80,000
SIBM Bangalore 3 Not Participated - INR 7,45,000
AIMS Institutes 4 Not Participated - INR 9,00,000
Indus Business Academy 5 2 -3 INR 7,50,000
Prin L.N. Welingkar Institute of Management Development and Research (We School) 6 7 +1 INR 55,000
M.S. Ramaiah University of Applied Sciences 7 6 -1 INR 3,42,000
ABBS Bangalore 8 5 -3 INR 8,10,000

IIM Bangalore hasn’t participated in these rankings released by Dalal Street.

  • The new entrants to the list this year are XIME Bangalore, SIBM Bangalore, and AIMS Bangalore.
  • XIME Bangalore has emerged as the best MBA college in Bangalore this year.
  • Christ University, which ranked 1st last year, has slipped by 1 position this year.
  • Prin. L.N. Welingkar Institute of Management Development and Research (We School) has improved its rank by 1. It now ranks 6th.

Top MBA Colleges in Bangalore: Jagran Josh Ranking

Jagran Josh releases a comprehensive list of ranking for top MBA colleges in Bangalore. This year, Jagran Josh has named IIM Bangalore as the best MBA college in Bangalore.

College Name Jagran Josh Ranking 2020 Jagran Josh Ranking 2018 Change from Previous Year Average Annual Fee
IIM Bangalore 1 1 0 INR 10,70,000
SIBM Bangalore 2 2 0 INR 7,45,000
XIME Bangalore 3 3 0 INR 10,00,000
Christ University 4 4 0 INR 3,80,000
IFIM Bangalore 5 5 0 INR 16,00,000
Alliance School of Business 6 6 0 INR 7,00,000
M.S. Ramaiah University of Applied Sciences 7 7 0 INR 3,42,000
ASM Bangalore 8 8 0 INR 54,000
Kristu Jayanti College 9 9 0 INR 3,80,000
Indus Business Academy 10 10 0 INR 7,50,000

Jagran Josh’s ranking 2020 is exactly the same as it was released in 2018 by the agency.

  • None of the institutes which managed to enter into the top 10 MBA colleges in Bangalore list in 2018 has improved or slipped in the ranking.
  • IIM Bangalore still remains the highest accredited college for MBA.
  • SIBM Bangalore and XIME Bangalore have managed to retain their Rank 2 and Rank 3 respectively.
  • The list also includes ASM Bangalore and Kristu Jayanti College.

Top Private MBA Colleges in Bangalore: ROI (Return on Investment)

ROI or Return on Investment becomes an important factor, especially when a course like MBA is pursued from private colleges. Given below is a comparison of the ROI of various top private MBA colleges in Bangalore.

College Name Average Annual Fee Average Placement Package ROI Rank*
ASM Bangalore INR 54,000 INR 4,50,000 1
M.S. Ramaiah University of Applied Sciences INR 3,42,000 INR 7,60,000 2
Christ University INR 3,80,000 INR 6,50,000 3
SIBM Bangalore INR 7,45,000 INR 9,79,000 4
Alliance School of Business INR 7,00,000 INR 6,00,000 5
Indus Business Academy INR 7,50,000 INR 6,10,000 6
XIME Bangalore INR 10,00,000 INR 7,76,000 7
IFIM Bangalore INR 16,00,000 INR 7,50,000 8

*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%

The above list shows which college comes out to be most beneficial when the returns on your invested money are discussed.

  • ASM Bangalore’s average annual MBA fee is INR 54,000 and it offers an average package of INR 4,50,000. This makes it one of the top private MBA colleges in Bangalore ROI wise.
  • M.S. Ramaiah University of Applied Sciences and Christ University also offer students good ROIs.
  • SIBM Bangalore ranks 4 in this list while XIME Bangalore and IFIM Bangalore rank 7 and 8 respectively.

With Bangalore itself as the “Silicon Valley of India”, these colleges provide good placement opportunities.

  • Bangalore hosts headquarters of some of the best IT companies in India. This makes it comfortable and convenient for students to get recruited by them.
  • The highest package in IIM Bangalore goes up to INR 52 lakh.
  • In other top MBA colleges in Bangalore like SIBM and XIME, the average MBA package remains around INR 8-10 lakh.

Read More,

Top MBA Colleges in Bangalore: Cutoff

Different colleges in Bangalore offering MBA consider scores of different entrance tests and often release their own cutoff scores. Some of the top entrance exams considered by the top MBA colleges in Bangalore are MAT, CAT, and CMAT. While CAT is conducted once every year in the month of November, MAT is conducted 4 times a year. Learn More about MAT 2020 Registration Process. The table below shows the cutoff accepted by some of these top colleges in Bangalore for their different MBA programs.

College Name Cut off Percentile
IIM Bangalore: Indian Institute of Management 98+ (CAT)
TAPMI Manipal: T A Pai Management Institute 85 (CAT/XAT)
SIBM Bangalore: Symbiosis Institute of Business Management 89+ (SNAP)
Amrita School of Business, Bengaluru  70 (CAT/XAT)
XIME Bangalore: Xavier Institute of Management and Entrepreneurship 75 (CAT/XAT)
JAGSOM Bangalore: Jagdish Sheth School of Management Bangalore 70 (CAT/XAT)
SDMIMD Mysore: SDM Institute For Management Development 70 (CAT/XAT)
Indus Business Academy - IBA Bangalore 65 (CAT/XAT)
WE School Bangalore: Prin. L. N. Welingkar Institute of Management Development & Research 70 (CAT/XAT)
International Academy of Management and Entrepreneurship, Bangalore 65 (CAT/XAT)
NSB Academy 65 (CAT/XAT)
NMIMS Bengaluru: School of Business Management 80 (NMAT by GMAC)

Top MBA Colleges in Bangalore: Admission Process

There are a total of 234 MBA colleges in Bangalore providing high-quality education to students. These include 213 private MBA colleges and 21 public MBA colleges. The following bar explains their ratio in a better way.

top mba colleges in bangalore

Source: Official Survey

Admissions to the top MBA colleges in Bangalore are done through the top MBA entrance exams. These exams are CAT, NMAT, XAT, MAT, Karnataka PGCET, etc. The table below gives the details of various colleges in Bangalore accepting scores of these tests.

Exam Name No. of Colleges Accepting Score
MAT 102
CAT 99
CMAT 72
KMAT 68
XAT 66
Karnataka PGCET 58
  • As per the AICTE data, the total student intake of PG Management courses in Karnataka was 26,550 in 2018-19.
  • Out of these, 8,367 girls and 11,627 boys enrolled in the top MBA colleges in Karnataka.
  • Admissions are mainly done through written test, group discussions and personal interviews.

IIM Bangalore

IIM Bangalore is a premier management institute in India and is one of the 3 topmost IIMs.

  • The institute has been ranked 2nd in the latest NIRF ranking 2021 for the top MBA colleges in India.
  • It was founded in 1973 as the 3rd IIM in India. IIM Bangalore has also attained the first ranking in the QS Ranking of global MBA universities.
  • In 2018, it became the first IIM in India to grant the degree of MBA to its graduates of Post Graduate Programme in Management (PGPM).

IIM Bangalore’s MBA program is divided into 6 terms with a total of 49.5 credits in the first year and a minimum of 45 credits in electives in the second year.

MBA students at the institute come from different backgrounds with different work experiences. The following graph shows how much experience these students have.

IIM Bangalore MBA Work Experience Break Up 2019-21

Source: Official Website

The institute has one of the most diverse MBA batches in Bangalore.

  • 366 MBA students here are from the engineering background, making 82.99% of the total students.
  • Out of these, 98 students are from IITs and 96 students are from NITs.
  • The highest GMAT score accepted by IIM Bangalore this year for international students was 770.
  • The MBA batch size is 441 2019-21, with 165 girls (37%) and 276 boys (63%).
  • 22 candidates even have professional qualifications like CA/CS/ICWA.