List of MBA Colleges in Vadodara Based on 2024 Ranking

The top MBA colleges in Vadodara give both full-time and vocational MBA education to students coming from different parts of the country.

  • There are a total of 26 colleges, out of which only 2 are public and 22 are private MBA colleges in Vadodara.
  • These top colleges include Maharaja Sayajirao University of Baroda [MSU], one of the oldest universities in India.
  • Some other members are Navrachana University [NUV], Parul University, and ITM Vocational University.
  • MSU Vadodara has consistently been ranked as the best MBA college in Vadodara for years.

Top MBA Colleges in Vadodara: Rankings

There are plenty of ranking agencies in India that release the list of top MBA colleges in India every year. These agencies also release other ranks like the top engineering colleges in India. These rankings are based on various parameters like Faculty Quality, Placements, Exam Patterns, Perception of the University, Gender Diversity, etc.

These agencies release rankings for various categories like course-wise, state-wise, city-wise, etc. Separate ranking lists are also released for private universities and public (government) universities. Mentioned below are the top MBA colleges in Vadodara rankings as released by some of the top college/university ranking agencies in India.

Top MBA Colleges in Vadodara: Business Today Ranking 2023

Business Today is a fortnightly magazine in India that has been published since 1992. The magazine releases a list of top MBA colleges in India every year. The following table highlights top MBA colleges in Vadodara, per Business Today rankings for 2023 

Business Today Ranking 2023 College Name
189 MSU Vadodara
254 ITM Vocational University

Top Private MBA Colleges in Vadodara

Check out the list of top Private MBA colleges in Vadodara with fee structure.

Private Colleges Total Tuition Fee
ITM Vocational University INR 4,00,000
Parul University INR 1,00,000 – INR 4,00,000
SMJV's C K Shah Vijapurwala Institute of Management INR 1.60,000 – INR 2.20,000
ITM (SLS) Baroda University INR 1,00,000
Navrachana University INR 2,00,000

Top MBA Colleges in Vadodara: ROI (Return on Investment)

ROI or Return on Investment shows how profitable it is to pursue a particular course from a particular university. The return you get (placement package) on the money you invest (fee) should always be an important factor before choosing an institute. The following table lists the top MBA colleges in Vadodara in order of the ROI they offer.

College Name Average Annual Fee Average Placement Package ROI Rank*
MSU Vadodara INR 14,500 INR 4,00,000 1
Parul University INR 90,000 INR 3,20,000 2
CKSVIM Vadodara INR 1,09,000 INR 3,00,000 3
Navrachana University INR 1,03,000 INR 2,40,000 4
ITM Universe INR 1,95,000 INR 2,80,000 5

Top MBA Colleges in Vadodara: Admission Process

There are a total of 26 MBA colleges in Vadodara. Out of these, 2 are public, i.e., government-funded, while 22 are private MBA colleges. The following chart compares the number of private and public MBA colleges in Vadodara.

Top MBA Colleges in Vadodara- Collegedunia

Source: Official Survey

Admissions to these colleges are based on various MBA entrance exams. Some institutes might give admission on a merit basis or after considering some other factors for special students.

Parul University

Parul University was established in 2015 by the Parul Arogya Seva Mandal Trust. The university has been recognized, approved, and accredited by multiple authorities including UGC, AICTE, NAAC, NBA, COA, BCI, MCI, PCI, etc. Parul University Admission 2024 has begun. Interested students can apply through the official website @ https://www.paruluniversity.ac.in/. Parul University accepts merit-based and entrance-based admissions. For MBA admission, the university accepts MAT and CAT scores.

Parul University Placements Report

At Parul University, Vadodara, 75% of the seats are filled by the Admission Committee of the respective courses, while the remaining 25% of seats under different quotas are filled according to merit.

  • The highest CTC offered was INR 12.01 lakh while the average CTC was INR 3.6 lakh.
  • Major recruiters included E6 Data, Josh Technologies, MG Motors, Reliance Industries, Adani Group, etc. The participating batch achieved 100% placements.

The following chart shows the placements at Parul University.

Parul University Placements- Collegedunia

Source: Parul University Official Website

Top MBA Colleges in Vadodara: Entrance Exam Wise

Admission to these top MBA colleges in Vadodara is mainly done through 4 popular national-level MBA entrance exams. These exams include CAT, CMAT, XAT, and MAT. So far, Gujarat does not organize any state-level entrance exam for admission to the top MBA colleges in Gujarat. Mentioned below are some of these colleges according to the entrance exam score they accept and the entrance exam scores they don’t accept.

Top MBA Colleges in Vadodara- Collegedunia

Top MBA Colleges in Vadodara Accepting CAT Score

The Common Admission Test (CAT) is one of the most common MBA entrance exams and is conducted every year by IIMs throughout the country. The CAT 2023 exam is scheduled for November 26, 2023. The CAT application form and edit window are now closed. IIM Lucknow will release CAT admit card 2023 on October 25, 2023 (5 PM onwards). To download the hall ticket, you need to visit the official website, iimcat.ac.in 2023, and log in using your CAT user ID and password. Check how to download CAT 2023 admit card

There are 4 top MBA colleges in Vadodara accepting the score of the CAT exam. These are listed below.

  • ITM Vocational University
  • Parul University
  • Parul Institute of Management
  • Parul Institute of Management and Research

Top MBA Colleges in Vadodara Accepting CMAT Score

The Common Management Admission Test (CMAT) conducted by the NTA is a national-level exam for entrance to management programs. CMAT 2024 is to be conducted in 2 shifts in the first week of May 2024. CMAT 2024 registration is to begin in the second week of February 2024. The application window opens for a month on the official NTA CMAT website- cmat.nta.nic.in. Check CMAT Exam Registration Process and Fees

Following are some of the top MBA colleges in Vadodara accepting CMAT scores.

  • Maharaja Sayajirao University [MSU], Vadodara
  • CK Shah Vijapurwala Institute of Management [CKSVIM], Vadodara
  • Navrachana University [NUV], Vadodara
  • ITM Vocational University, Vadodara

Also, Check,

Top MBA Colleges in Vadodara: Placement Wise

Almost every college has completed its placement season this year for both final placements and summer placements. Most of the top management colleges in India are now eyeing placements. These colleges witness some of the top recruiters from entire India visiting their campus every year.

  • The average number of recruiters for a particular university varies from 80-100.
  • Most of the top MBA colleges in Vadodara get an average placement package of around INR 3-5 lakh.

The following chart shows the CTCs offered in some of these top MBA colleges.

CTCs offered in Top MBA Colleges in Vadodara

Source: Institute Official Websites

The top recruiters offering attractive packages in these colleges are:

Accenture

Wipro

TCS

SEAT

Siemens

Alembic Pharmaceuticals

ICICI Prudential Pvt. Ltd.

Kotak Mahindra Bank

Idea

ATOS Origin

Deloitte

Vodafone

Berger

Godrej

Amazon

The MBA specialization you choose also matters a lot when it comes to placements. MBA Marketing is the most lucrative MBA specialization as most recruiters look for candidates from this field. Check the top MBA colleges in Vadodara streamwise.

Top MBA Colleges in Vadodara for Marketing

Marketing comes out to be the most lucrative MBA specialization. Most of the recruiters visiting a college campus are from the marketing field.

  • More than 60% of recruiters visiting a particular campus for MBA placements are from the Marketing sector.
  • India’s marketing sector is the 2nd fastest-growing market in entire Asia. The advertising and marketing sector is expected to cross the $10 billion mark.
  • The sector is growing at a rate of 33.5% compound annual growth rate (CAGR).

Some of the top MBA colleges in Vadodara for Marketing are:

  • Maharaja Sayajirao University [MSU], Vadodara
  • ITM Vocational University, Vadodara
  • Parul University, Vadodara
  • Sardar Patel Institute of Management Science and Technology [SPIMST], Vadodara

Top MBA Colleges in Vadodara for HR

HR or Human Resource Managers are the most important part of a company as they ensure that the day-to-day activities are carried out smoothly and that there is always support for the employees.

  • Currently, India’s HR industry is growing at a rate of 21%.
  • Statista’s survey revealed that 72% of global managers believe digital HR to be an important component of the corporate world.
  • Also, around 83% of the companies in South-East Asia have prioritized their HR tech advancements and HR management software.

Some of the top MBA colleges in Vadodara for HR are:

  • Maharaja Sayajirao University [MSU], Vadodara
  • Navrachana University, Vadodara
  • C.K. Shah Vijapurwala Institute of Management [CKSVIM], Vadodara
  • ITM Vocational University, Vadodara

Top MBA Colleges in Vadodara: FAQs

Ques. Which is the best MBA college in Gujarat?

Ans. IIM Ahmedabad is the best MBA college in Gujarat. Others include Nirma University, Ahmedabad, GNLU Gandhinagar, etc.

Ques. Which are the best MBA colleges in Vadodara based on ROI?

Ans. According to the ROI (Return on Investment) factor, the best MBA college in Vadodara is Maharaja Sayajirao University [MSU], Vadodara. Other top entrants are Parul University and CKSVIM Vadodara.

Ques. Which are the top MBA colleges in Vadodara Accepting CMAT?

Ans. These are some of the institutes accepting CMAT scores:

  • MSU Baroda
  • CKSVIM Vadodara
  • ITM Universe

Ques. How is FMS Baroda?

Ans. FMS Baroda is a good institute offering MBA education in the city.

  • It is the best MBA college in Vadodara ROI-wise.
  • The institute charges a fee of INR 14,500 for the 2-year MBA program.
  • The average placement package from this institute is INR 4 lakh.

Ques. Which are the top MBA colleges in Vadodara for Finance?

Ans. The top MBA colleges in Vadodara for Finance are:

  • MSU Baroda
  • ITM Vocational University
  • Sigma Institute of Engineering

Ques. Which colleges in Vadodara offer MBA in Entrepreneurship?

Ans. 3 colleges are offering MBA in Entrepreneurship here:
  • Parul University
  • Parul Institute of Management and Research
  • CKSVIM Vadodara

Type Of College
Entrance/Exam Accepted
Avg Fee Per Year
Course Type
Course Duration
Gender Accepted
Found 28 colleges
Sort By
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba5

ITM Vocational University - [ITMVU], Vadodara

Vadodara, Gujarat 
2,05,000MBA/PGDM- 1st Year Fees₹ 3,50,000Average Package₹ 12,00,000Highest Package
8.3 / 10
Based on 2 User
Reviews
Best in Academics
#254th/272 in India 2023
Ba4

Maharaja Sayajirao University of Baroda - [MSU], Vadodara

Vadodara, Gujarat 
57,160MBA/PGDM- 1st Year FeesCompare Fees--
4.3 / 10
Based on 26 User
Reviews
Best in Faculty
#204th/281 in India 2022
1,14,000MBA/PGDM- 1st Year Fees--
7.5 / 10
Based on 1 User
Reviews
Best in Faculty
--

GSFC University, Vadodara

Vadodara, Gujarat 
1,15,000MBA/PGDM- 1st Year FeesCompare Fees----
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba5

Parul University, Vadodara

Vadodara, Gujarat 
1,66,000MBA/PGDM- 1st Year Fees--
7.8 / 10
Based on 89 User
Reviews
#96th/120 in India 2019

Sumandeep Vidyapeeth, Vadodara

Vadodara, Gujarat 
70,000MBA/PGDM- 1st Year Fees₹ 10,00,000Highest Package
7.6 / 10
Based on 5 User
Reviews
Best in Faculty
--
Ba3
90,000MBA/PGDM- 1st Year Fees₹ 18,00,000Highest Package
6.5 / 10
Based on 1 User
Reviews
Best in Placements
#200th/268 in India 2021
Ba5

CK Shah Vijapurwala Institute of Management - [CKSVIM], Vadodara

Vadodara, Gujarat 
1,09,000MBA/PGDM- 1st Year Fees₹ 3,50,000Average Package₹ 7,65,000Highest Package#271th/281 in India 2022
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

ITM SLS Baroda University, Vadodara

Vadodara, Gujarat 
90,000MBA/PGDM- 1st Year Fees₹ 10,00,000Highest Package
8.7 / 10
Based on 48 User
Reviews
Best in Infrastructure
--
--MBA/PGDM----
Ba5
95,000MBA/PGDM- 1st Year Fees₹ 3,20,000Average Package₹ 18,00,000Highest Package#94th/130 in India 2023
70,000MBA/PGDM- 1st Year Fees₹ 3,50,000Average Package₹ 6,00,000Highest Package----
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM------
65,000MBA/PGDM- 1st Year Fees₹ 9,98,000Highest Package
8.3 / 10
Based on 1 User
Reviews
Best in Infrastructure
--

Parul Institute of Engineering and Technology - [PIET], Vadodara

Vadodara, Gujarat 
89,000MBA/PGDM- 1st Year Fees₹ 3,10,000Average Package₹ 18,00,000Highest Package
7.2 / 10
Based on 21 User
Reviews
Best in Social Life
--
--MBA/PGDM----
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM------
--MBA/PGDM------

Aptitude Academy, Vadodara

Vadodara, Gujarat 
--MBA/PGDM------
1,00,000MBA/PGDM- 1st Year Fees----
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM----
2,23,050MBA/PGDM- 1st Year Fees----

Panache Academy, Vadodara

Vadodara, Gujarat 
2,00,000MBA/PGDM- total fees------

Sigma University, Vadodara

Vadodara, Gujarat 
70,000MBA/PGDM- 1st Year Fees------
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
82,000MBA/PGDM- total fees----#189th/272 in India 2023
--MBA/PGDM------