MBA Colleges in Surat Based on 2024 Ranking

The top MBA colleges in Surat include Veer Narmad South Gujarat University (VNSGU), CK Pithawalla Institute of Management, etc. These colleges charge very less fees for management education and offer a variety of MBA courses.

  • There are 2 government and 8 private MBA colleges in Surat. DBIM Surat is another name for the management department of VNSGU Surat.
  • Admissions in these colleges are done mainly through CMAT, but some individual colleges also accept results of CAT, MAT, and other exams.
  • These colleges offer students with 10 different specializations for MBA courses, ranging from Finance to Rural Management.
  • The cutoff lists for these colleges are not available yet, but most of them do release separate lists for all the exams they accept.
  • The average placement package in these colleges ranges from INR 2-4 lakh. This is an appropriate amount in comparison to the average annual fees of INR 30,000-60,000 in these colleges.

Learn More:  External MBA in VNSGU Surat

Top 10 MBA Colleges in Surat

MBA colleges in Surat offer high ROI due to their low fees. AURO University is one of the best MBA colleges in India with a seat intake of 45+ for MBA/ PGDM courses. Tabulated below are the top 10 MBA colleges in Surat with seat intake:

Top MBA Colleges in Surat: Ranking

Ranking agencies like NIRF, Business Today, The Week, and many more releases the list of top MBA colleges in India every year. These rankings are based on parameters like Teaching, Learning & Resources, Graduation Outcomes, Facilities, and many more.

The colleges that provide MBA and PGDM courses in Surat are very. Out of them, some of the colleges have been ranked higher based on reviews and perceptions, which have been provided by the students and the information available on the website of the colleges.

The top MBA colleges in Surat which have stood out among the few include:

  • Veer Narmad South Gujarat University (VNSGU Surat)
  • S.R. Luthra Institute of Management
  • CK Pithawalla Institute of Management
  • Auro University

Read CK Pithawalla Institute of Management MBA Admission 2023

Best MBA Colleges in Surat Fees

The best MBA colleges in Surat offer MBA courses at comparatively lower fees than many of the top MBA colleges in India. The average fees in the best MBA colleges in Surat can be anywhere between INR 1.5 LPA to INR 8 LPA depending upon the college. Below given are the top MBA colleges in Surat fees:

College/ University Name  Average Fees 
AURO University INR 7,15,000
Veer Narmad South Gujarat University (VNSGU), Surat INR 65,000
Bhagwan Mahavir University (BMU), Surat INR 1,52,000
Vidyabharti Trust College Of Master In Computer Application - [VBTMCA], Surat INR 1,00,000
S.R. Luthra Institute of Management INR 1,52,000
P. P. Savani University INR 2,67,000
Metas Adventist College INR 1,52,000
Sir KP College Of Commerce, Surat -
Bhagwan Mahavir College of Management, Bhagwan Mahavir University INR 1,24,000
Shrimad Rajchandra Institute of Management and Computer Application -

MBA Government Colleges in Surat

There are only 2 government MBA colleges in Surat. Veer Narmad South Gujarat University (VNSGU) Surat is one of the top MBA colleges in Gujarat, it offers around 120 MBA seats. Listed below are the MBA government colleges in Surat with fees:

College/ University Name  Average Fees 
Veer Narmad South Gujarat University (VNSGU), Surat INR 65,000
Sir KP College Of Commerce, Surat -

Private MBA Colleges in Surat

There are 8 Private MBA colleges in Surat. Auro University is the best Private MBA college in Surat. The university charges INR 7,15,000 for MBA courses.

Top MBA Colleges in Surat with ROI (Return on Investment)

To calculate ROI, one takes the ratio of the average placement package to the average annual fees of the Institute. The top MBA colleges in Surat offer high placement packages that result in high ROI. Below is a table listing the top MBA colleges in Gujarat that offer high ROI (Return on Investment).

College Name Average Annual Fees Average Placement Package ROI Rank*
Veer Narmad South Gujarat University (VNSGU), Surat INR 43,830 INR 10.35 LPA 1
P. P. Savani University INR 1,39,000 INR 8 LPA 2
SRLIM Surat INR 76,000 INR 3.46 LPA 3
Bhagwan Mahavir University (BMU), Surat INR 76,000 INR 3.0 LPA 4
AURO University INR 3,65,000 INR 6.0 LPA 5

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

Top MBA Colleges in Surat: Admission Process

There are 14 MBA colleges in Surat. Amongst them, 8 are private and 2 are public MBA colleges in Surat. The chart below shows the ratio between private and government MBA colleges in Surat.

Top MBA Colleges in Surat- Collegedunia

Source: Official Survey

Admissions to most of the MBA colleges in Surat are based on the scores of entrance exams such as Gujarat ACPC, CMAT, CAT, XAT, etc. Qualified students who pass these exams are required to participate in the counseling process and face a Personal Interview. However, some private MBA colleges in Surat offer direct admission based on merit.

Also Check-

Veer Narmad South Gujarat University (VNSGU), Surat

It is a semi-urban college in Surat and was established in 1965. The university has been accredited by NAAC with an ‘A’ grade.

  • It provides degree courses such as MBA, MD, etc.
  • Admission to the MBA program of VNSGU Surat is done through CMAT followed by a counseling process.
  • The average annual fee for the MBA course is around INR 21,915.
  • Based on college student reviews, the college has a good placement record with an average package of INR 3-4 lakh.

External MBA in VNSGU Surat

VNSGU Surat also has a provision for external MBA or evening MBA courses.

  • The course duration of the Evening MBA is 3 years while the regular MBA takes just 2 years.
  • To be eligible to pursue this course, students need to have completed graduation in any stream and also need 1 year of experience in any sector.
  • The admissions are done through both entrance exams and merit lists.

SR Luthra Institute of Management

The college is managed by the Sarvajanik Education Society which is one of the largest philanthropic societies in India. The institution was established in 1999.

  • The seat intake of SR Luthra Institute of Management is 240 students. The college only provides the MBA course currently.
  • Admission to this college is also done through CMAT.
  • The average annual fee for the MBA course is around INR 76,000.
  • The college has a good placement record with an average package of INR 3,46,000.
  • Companies like HDFC Bank, Bandhan Bank, Berger, Reliance Jio, D Mart,,, and many more have visited the institute campus to conduct their recruitment process.

The institute has registered a 97.97% placement for MBA. The following table shows the placement percentages at SR Luthra Institute of Management in the past years.

Top MBA Colleges in Surat: Entrance Exam Wise

Students who are willing to be admitted to the top MBA colleges in Surat can apply via national-level entrance exams or state-level entrance exams. The colleges accept both and will have different cut-off marks for different sections.

Top MBA Colleges in Surat with Entrance Exams- Collegedunia

Top MBA Colleges in Surat Through CAT

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 login using your CAT user ID and password. Check how to download CAT 2023 admit card

Listed below are the top MBA colleges in Surat through CAT:

  • Auro University
  • Shrimad Rajchandra Institute of Management and Computer Application
  • Metas Adventist College
  • P.P. Savani University
  • Sir KP College of Commerce

Top MBA Colleges in Surat Through CMAT

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

Some of the top MBA colleges in Surat through the CMAT exam are:

  • CK Pithawalla Institute of Management
  • SR Luthra Institute of Management
  • Metas Adventist College
  • Auro University

Learn More,

Top MBA Colleges in Surat: Placement Wise

The placement record of MBA colleges all over the country is more or less good. Since it is one of the most costly courses in the country, the placement opportunities and the final package matter very much to the students.

The following chart shows the average salary offered in top MBA colleges in Surat.

 Top MBA Colleges in Surat Average Placements

Source: Official Websites

It is important to choose a good specialization for an MBA as MBA job opportunities vary from stream to stream. Check these colleges specialization-wise by clicking on the filters.

MBA Finance Colleges in Surat

MBA in Finance is a 2 years post-graduate degree divided into 4 semesters. The average salary of an MBA in finance in India ranges from INR 7 LPA to INR 20 LPA. There are 4 MBA Finance colleges in Surat.

  • Auro University
  • P.P Savani University
  • SR Luthra Institute of Management
  • Metas Adventist College

Top MBA Colleges in Surat: FAQs

Ques. How to get admission into top MBA colleges in Surat?

Ans. Students can take the national entrance exams of CAT, CMAT, and MAT along with some other state-level exams.

Ques. Who can give the CAT?

Ans. CAT can be given by any graduate student irrespective of their state of residence.

Ques. Which is the best MBA college in Surat in terms of ROI?

Ans. Veer Narmad South Gujarat University has the best return on investment in the entire city of Surat.

Ques. What are the MBA fees at VNSGU Surat?

Ans. The MBA fee in VNSGU Surat are INR 22,000 per year.

Ques. Which are the best MBA colleges in Gujarat?

Ans. Check the list of top MBA colleges in Gujarat, by clicking here.

Program Type
Type Of College
Entrance/Exam Accepted
Avg Fee Per Year
Course Type
Course Duration
Gender Accepted
Found 15 colleges
Sort By
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#1

Auro University, Surat

Surat, Gujarat 
3,65,000MBA/PGDM- 1st Year Fees--
9.1 / 10
Based on 5 User
Reviews
Best in Infrastructure
--
#2
1,38,500MBA/PGDM- 1st Year Fees--
7.9 / 10
Based on 4 User
Reviews
Best in Faculty
--
#3

SR Luthra Institute of Management - [SRLIM], Surat

Surat, Gujarat 
76,000MBA/PGDM- 1st Year Fees------
#4
--MBA/PGDM------
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#5
--MBA/PGDM------
#6
90,000MBA/PGDM- 1st Year Fees------
#7
--MBA/PGDM----
#8

Bhagwan Mahavir College of Management - [BMCM], Surat

Surat, Gujarat 
76,000MBA/PGDM- 1st Year Fees------
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#9

Veer Narmad South Gujarat University - [VNSGU], Surat

Surat, Gujarat 
20,000MBA/PGDM- 1st Year Fees--
8.2 / 10
Based on 31 User
Reviews
Best in Academics
--
#10
76,000MBA/PGDM- 1st Year Fees------
#11

Metas Adventist College, Surat

Surat, Gujarat 
76,000MBA/PGDM- 1st Year Fees----
#12

Vidyabharti Trust College Of Master in computer Application - [VBTMCA], Surat

Surat, Gujarat 
50,000MBA/PGDM- 1st Year Fees----
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#13
1,52,000MBA/PGDM- total fees--
4.2 / 10
Based on 3 User
Reviews
Best in Infrastructure
--
#14
1,60,000MBA/PGDM- 1st Year Fees------
#15
--MBA/PGDM------