LIST OF TOP MBA/PGDM COLLEGES IN AHMEDABAD BASED ON 2020 RANKING

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Pranjal Singhal

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Pursuing your management education from the top MBA colleges in Ahmedabad can be a decisive moment as the city hosts some of the best colleges like IIM Ahmedabad, Nirma University and Shanti Business School. IIM Ahmedabad has also been ranked as the best MBA college in India by NIRF and some other ranking agencies also.

If you are looking for cutoff scores accepted by these colleges in Ahmedabad, continue reading this article.

  • Ahmedabad has a total of 61 colleges offering top management courses, including 50 private and 11 public colleges.
  • These colleges are approved by top authorities and agencies in India like AICTE, UGC, NAAC and AIU. Check the complete list of AICTE approved MBA colleges in Ahmedabad.
  • Admissions here are done through top exams like CAT, CMAT, MAT, etc. Some universities might give admission on the basis of merit list. The admission process of top colleges is given later in this article.

Check GTU MBA Colleges in Ahmedabad

Top MBA Colleges in Ahmedabad: Rankings

Ranking agencies including different magazines, newspapers and those which are sponsored by the government release the rankings for top MBA colleges in India every year. The agencies also release these rankings state-wise, city-wise and even according to the various sectors. These sectors include Engineering, Medical, Law, Architecture, etc.

Given below are some ranking of top MBA colleges in Ahmedabad with fee structure. These rankings are based on various parameters including the Faculty Quality, University Perception, Placements, Extra-Curricular Activities, etc. Most of the times, they involve a huge task force in the form of students, faculties, academic experts, etc.

Top MBA Colleges in Ahmedabad: NIRF Ranking 2020

NIRF or the National Institutional Ranking Framework releases a list of the top colleges and universities in India every year. It is an MHRD (Ministry of Human Resource Development) sponsored agency and the rankings are most trusted.

Given below is the list of top MBA colleges in Ahmedabad NIRF ranking as released in 2020.

College Name NIRF Ranking 2020 NIRF Ranking 2019 Change Average Annual Fees
IIM Ahmedabad 1 2 +1 INR 11,50,000
Institute of Management, Nirma University 44 40 -4 INR 5,00,000

IIM Ahmedabad is ranked as the best MBA college in Ahmedabad for the past many years.

  • Nirma University, Ahmedabad is the only institute other than IIM Ahmedabad which has managed to find a position in the NIRF ranking list in the past years.
  • IIM Ahmedabad overtook IIM Bangalore this year to again become the best MBA college in India.
  • Nirma University was ranked 40 last year. However, it dropped by 4 positions to get the 44th slot this time.

Check More IIM Ahmedabad Ranking

NIRF rankings are based on various parameters. See the weightage comparison of these parameters in 2017 and 2019.

NIRF Ranking Parameters

Source: NIRF Official Website

Top MBA Colleges in Ahmedabad: Business Today Ranking

Business Today is one of the top business magazines in India. Published fortnightly, the magazine also conducts a survey on the various colleges and universities in India providing higher education, especially management oriented.

The following table listing top MBA colleges in Ahmedabad is the result of this year’s survey.

College Name Business Today All India Rank 2019 Business Today All India Rank 2018 Change Average Annual Fees
IIM Ahmedabad 1 1 0 INR 11,50,000
Institute of Management, Nirma University 34 37 +3 INR 5,00,000

Here also, IIM Ahmedabad has emerged as the winner.

  • Even in the rankings released by Business Today, only IIM Ahmedabad and Nirma University Ahmedabad have managed to grab a place.
  • IIM Ahmedabad has managed to maintain its top spot while Nirma University has improved its position by 3 ranks.

Business Today also bases its rankings on 5 important parameters. The magazine deploys a huge task force for the proper execution of this process. The following chart compares the weightage of different parameters involved in this ranking process.

Business Today Ranking Parameters

Source: Business Today Official Website

Top MBA Colleges in Ahmedabad: The Week Ranking

The following list shows the top MBA colleges in Ahmedabad as mentioned in the result of the collective survey by The Week and Hansa Research. Along with this, the magazine has also released lists for other criteria like the top MBA colleges in India and top MBA colleges in Mumbai.

College Name The Week Ranking 2019 The Week Ranking 2018 Change from Previous Year Average Annual Fee
IIM Ahmedabad 1 1 0 INR 11,50,000
Institute of Management, Nirma University 27 28 +1 INR 5,00,000

The Week has also listed only 2 MBA colleges from Ahmedabad in its All India B-School ranking list.

  • IIM Ahmedabad has maintained the top spot here also.
  • Nirma University bragged the 28th position in 2018. Now, it has improved by 1 position and ranks 27th in the entire country.

The Week deploys a huge task force to calculate these rankings and a perceptual score. The following table gives some insights into this.

Academic Experts 276
Current Students 585
Aspiring Students 529
Recruiters 75
Interviews 1465

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

Return on Investment (ROI) tells you how profitable it is to pursue MBA from a particular university in a state or city. The following table shows some top MBA colleges in Ahmedabad ROI wise.

College Name Average Annual Fee Average Placement Package ROI Rank*
Amrut Mody School of Management (AMSOM) INR 1,52,000 INR 3,86,000 1
Ahmedabad University INR 1,52,000 INR 3,86,000 1
IIM Ahmedabad INR 11,50,000 INR 24,45,000 3
Shanti Business School (SBS) INR 3,10,000 INR 6,50,000 4
Institute of Management, Nirma University INR 5,00,000 INR 8,70,000 5
Adani Institute of Infrastructure Management (AIIM) INR 4,30,000 INR 6,40,000 6
ICFAI Business School (IBS) INR 4,00,000 INR 5,95,000 7
MICA-The School of Ideas INR 10,00,000 INR 12,80,000 8

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

Ahmedabad University offers the best ROI among all the top MBA colleges in Ahmedabad.

  • The Amrut Mody School of Management (AMSOM) is affiliated to the Ahmedabad University. Thus, both of them rank together with the same ROI score.
  • IIM Ahmedabad comes next in the list. The institute offers an average package which is more than twice the average 1-year fee.
  • Other top entrants in the list are Shanti Business School (SBS) and Nirma University.

Top MBA Colleges in Ahmedabad: Cutoff

Though you can get admission in some of the top MBA colleges in Ahmedabad without entrance exam, most of them keep top MBA entance exams as the sole criterion for admission. There are many MBA colleges accepting CMAT score in Ahmedabad, and many of them also give admission through CAT. The table below shows cutoff for some of these top colleges.

College Name Cutoff
IIM Ahmedabad CAT Cutoff
MICA- The School of Ideas CAT Cutoff
Nirma University (NU) CAT Cutoff
Amrut Mody School of Management (AMSOM) MAT Cutoff
Shanti Business School (SBS) MAT Cutoff

Top MBA Colleges in Ahmedabad: Admission Process

There are a total of 61 MBA colleges in Ahmedabad providing good quality management education to students. Out of these colleges, 50 are private institutes and universities while 11 are public sector institutes. The following graph shows the comparison of these public and private MBA colleges in Ahmedabad.

top mba colleges in ahmedabad

Source: Official Survey

Admissions to the top MBA colleges in Ahmedabad are done through the top MBA entrance exams like CAT, CMAT, XAT and MICAT.

  • Most of these colleges further conduct different rounds of Written Ability Test (WAT), Group Discussion (GD) and Personal Interview (PI).
  • Different institutes allot different weightage to each of these rounds. Generally, the weightage given is 60-70% to Entrance Exam and 30-40% to the internal rounds.

The table below shows the no. of top MBA colleges in Ahmedabad accepting the scores of different entrance exams. Do remember that some of these colleges do give admission on the basis of merit score, but that number is very small.

Entrance Exam No. of Colleges Accepting Score
CAT 23
CMAT 22
MAT 18
XAT 11
GMAT 7
ATMA 5
NMAT 3
SNAP 1
IBSAT 1
MICAT 1

IIM Ahmedabad

IIM Ahmedabad is the most prestigious MBA college in India and has been imparting quality education to students since 1961.

  • The institute is also well known for being founded by Vikram Sarabhai, the Father of Indian Space Program.
  • IIM Ahmedabad always ranks among the top 3 MBA colleges in India along with IIM Bangalore and IIM Calcutta.
  • The institute became the first Indian institute in 2008 to be awarded the EQUIS (European Quality Improvement System) accreditation by the EFMD (European Foundation for Management Development).
  • There are a total of 385 seats for PGPM program and 140 for Executive program in IIM Ahmedabad.

IIM Ahmedabad admits students mainly on the basis of their CAT score. However, for the international students, the institute considers the score of the GMAT entrance exam.

Our international friends planning to study MBA in India should check the GMAT Eligibility Criteria before applying.

  • The 2-year PGPM program is the most reputed programme offered by IIM Ahmedabad.
  • The core subjects in this course are taught in 480 sessions with 24 credits.
  • IIM Ahmedabad also conducts student exchange programmes. Every year, about 150 students go abroad to study while about 90 foreign students come to study at the institute.

The following chart shows the comparison of the GMAT score cut off for international students by the 4 popular IIMs.

average GMAT score accepted by IIMs

Source: IIM Ahmedabad Official Website

The institute has also completed its placement 2019, both final placements and summer placements. See the chart below for a placement comparison of IIM Ahmedabad with other popular IIMs.

Placements in different IIMs

Source: Official IIM Websites

Nirma University

Nirma University is a private university located in Ahmedabad in the state of Gujarat. It was established in 2003.

  • Nirma University is the only university other than IIM Ahmedabad which has featured in ranking lists of different agencies.
  • The university has the necessary accreditations from NAAC and NBA.
  • The “Outlook-ICARE India University Rankings 2019” ranks Nirma University as the 4th best private state university in India.

The following chart compares the seat intake of Institute of Management, Nirma University for the different MBA programs.

Nirma University MBA Seat Intake

Source: Official Website

Nirma University offers 100% placement to students every year. The following table gives key insights into the latest placements in 2019.

Highest Salary INR 16 LPA
Average Salary INR 8.2 LPA
No. of PPOs 7
Recruiters 60+

Top MBA Colleges in Ahmedabad: Entrance Exam Wise

Admissions to most of the top MBA colleges in Ahmedabad are done mainly through popular entrance exams like CAT, CMAT, ATMA and SNAP. However, students often search for colleges specifically for a particular entrance exam and even for colleges giving admission without top MBA entrance exams like CAT. We have categorised some lists of such colleges below.

Top MBA Colleges in Ahmedabad Through CMAT

CMAT or Common Management Admission Test is a national level entrance exam organized by the National Testing Agency (NTA). The exam is conducted for admissions in both MBA and PGDM courses.

  • The exam is conducted in January every year.
  • CMAT exam fee is INR 1600 for boys and INR 1000 for girls.
  • There are 4 sections with 100 questions in total. The total exam duration is 3 hours.

CMAT score is accepted by 1000+ colleges. Following are some top MBA colleges in Ahmedabad accepting CMAT score.

  • Adani Institute of Infrastructure Management [AIIM], Ahmedabad
  • Amrut Mody School of Management [AMSOM], Ahmedabad
  • Shanti Business School Ahmedabad [SBS], Ahmedabad
  • Indus University, Ahmedabad

Top MBA Colleges in Ahmedabad Through CAT

CAT or Common Admission Test is the most popular entrance exam in India for management education. Following is a list of top MBA colleges in Ahmedabad through CAT.

  • Indian Institute of Management [IIM], Ahmedabad
  • MICA-The School of Ideas, Ahmedabad
  • Nirma University, Ahmedabad
  • Ahmedabad Institute of Technology, Ahmedabad

MICA, also known as Mudra Institute of Communication, also conducts its own admission test MICAT. MICAT was conducted on December 7, 2019, and January 25, 2020, last year. Learn More about MICAT Exam Pattern. The dates for Dec 2020 and Jan 2021 are yet to be released.

Also Check,

Top MBA Colleges in Ahmedabad: Placement Wise

With the presence of top institutes like the Indian Institute of Management, the top MBA colleges in Ahmedabad provide good placement atmosphere to the students with many big conglomerates visiting the city every year. Apart from the IIM, other top colleges here include Nirma University, AIIM, AMSOM and Shanti Business School.

  • The average MBA placement package in Ahmedabad is INR 5-6 lakh.
  • The no. of recruiters visiting major top colleges varies between 60-80.
  • Nirma University saw 60+ recruiters visiting the campus this year.

The following graph shows the average CTCs offered in the top MBA colleges in Ahmedabad.

top MBA colleges in Ahmedabad CTC

Source: Official Websites

The top recruiters were:

Amazon Accenture Strategy Bain & Company
Boston Consulting Group (BCG) J P Morgan Morgan Stanley
McKinsey & Company Godrej Airtel
ITC Bisleri TATA
Gartner Barclays Capgemini

Placements depend a lot upon the stream you choose. So, check the best colleges stream-wise by clicking on the links below.

Top MBA Colleges in Ahmedabad for Finance

Finance is one of the most popular management streams and provides lucrative job options to MBA students. There are multiple companies focusing on just the finance sector including all the aspects like banking, mutual funds, stock markets, etc. Mentioned below are some of the top MBA colleges in Ahmedabad for finance.

  • Institute of Management, Nirma University
  • Indian Institute of Management [IIM], Ahmedabad
  • Shanti Business School [SBS], Ahmedabad
  • Indus University, Ahmedabad

Also Check, 

Top MBA Colleges in Ahmedabad: FAQs

Ques. Which college is best for MBA in Gujarat?

Ans. IIM Ahmedabad is the best MBA college in Gujarat. However, getting admission is not an easy task. The institute admits less than 0.1% of the total applicants.

Ques. What is the fees of IIM Ahmedabad for MBA?

Ans. The MBA fees of IIM Ahmedabad is INR 23,00,000 for 2 years.

Ques. What is the difference between MBA and PGDM?

Ans. MBA means Master of Business Administration. It is a postgraduate degree. Whereas, PGDM is for Post Graduate Diploma in Management and is a post-graduate diploma degree.

Ques. Which is the easiest MBA entrance exam?

Ans. No particular exam can be termed as an easier one. All of them require a certain minimum level of skills from the students. Most of this is affected by your preparation for the exam. Some of the popular MBA entrance exams are CAT, MAT, XAT and SNAP.

Ques. What is the fee of the CAT exam?

Ans. The fees of CAT 2019 was INR 1900 for General/OBC students and INR 950 for SC/ST/PWD candidates.

Ques. Can an average student get into IIM?

Ans. Getting into an IIM might seem a tough task but it is not impossible one. An extremely good score in CAT can help you get through an IIM. However, IIMs are very selective when it comes to admissions and many factors are involved in this process. IIM Ahmedabad selects less than 0.1% of the total applicants.

Ques. What is the salary of an MBA graduate from IIM?

Ans. The average salary for an MBA graduate from IIM is INR 20 lakh.

Ques. What is a good score in CMAT?

Ans. Most of the colleges give admissions on CMAT score with a percentile between 95-99%. Though this varies every year, a 60% score in the exam might help you get a 90+ percentile score.

Ques. Which is the toughest MBA entrance exam?

Ans. CAT is considered as the toughest MBA entrance exam, not just because of the level of questions but also due to the competition. Lakhs of students participate in CAT every year and almost all of the top MBA colleges in India accept its score.

Ques. How tough is it to get admission in MICA?

Ans. Students can get admission in MICA either on the basis of common entrance tests like CAT/XAT/GMAT or through the university’s own entrance exam MICAT.

Reviews

RB
10.0 /10

Course Curriculum Overview :

The course is usually case-based, where the case ranges from HBS to some written by our own faculty members. The Professors here have studied from top colleges and are masters in what they teach, they know what they are talking about. It is imperative for one to do pre-class reading, as there is heavy weightage given to the in-class participation. We have marks ranging from 10% to 30% for Class Participation, depending from course to course. There are three terms per year, further divided as 2 slots per term. The end of each slot sees exams. Each faculty member decides how he wishes to assess the student in that course. Some course has exams, while some have projects and assignments. The grading is relative and follows a normal distribution curve. If one studies well, it is easy to score well. It is said, 'It is very difficult for anyone to fail at IIMA.'

Loan/ Scholarship Provisions :

The fees are comparable with similar college. It ranges around Rs 23 Lakh for two years, which includes everything, except mess charges. 100% bank loans are provided by all the banks, with many giving loan without any mortgage or guarantor. The only thing you need to do is get admit, and then you don't need to think of finances. Along with this, there are many Government, Institutional and Private scholarship available at the campus. The process is simple and each scholarship's criteria is explained well to the batch at the start of the year. The Placements at the campus are one of the best across the campus. With the package here, one can easily pay off the loan in less than 2 years. It is one of the only 5 colleges which audits and publishes its placement report.

Campus Life :

Cultural Festival: Chaos. Management Festival: The Red Brick Summit (TRBS). Inter Section Cultural Competition: T-nite. Inter Section Sports Competition: Aakrosh. Inter-Sports Festival: Sangharsh (IIMA, IIMB, IIMC and IIML). We have a huge 100-acre campus, with various sports amenities like sports court, tennis court, football ground, cricket ground, volleyball ground. Table Tennis is put across the play area of dorms. Every day, there are at least 2 events going on of some of the other club out of 46 clubs. Students actively take part in them, while managing their academic routines. There are some corporate events also organised, where many students become National winners.

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