List of MBA Colleges in Ahmedabad Based on 2024 Ranking

Top MBA colleges in Ahmedabad include IIM Ahmedabad, MICA Ahmedabad, NIRMA University, Gujarat University, etc. Top MBA colleges in Ahmedabad are well renowned across the country as well as Abroad for their MBA courses with different specializations and high placement packages. Ahmedabad also known as the "Manchester of the East" hosts more than 63 MBA colleges in Ahmedabad. 

  • IIM Ahmedabad is ranked #1 as the best MBA college in Gujarat by various Ranking agencies like NIRF, India Today, etc. 
  • Out of 63 best MBA colleges in Ahmedabad, more than 5 are government, and 57 are private MBA colleges in Ahmedabad.
  • MBA Admissions 2023 is offered through scores of entrance exams like CAT, GMAT, etc. followed by a GD/ PI round.
  • Indus University Ahmedabad, ISBN Ahmedabad, APIM Ahmedabad, and LJIMS Ahmedabad are some top MBA colleges in Ahmedabad without entrance exams.
  • The average MBA Fees amongst the best MBA colleges in Ahmedabad can range between INR 40,000 to INR 30,00,000. Indus University and Ahmedabad Management Association are the best MBA colleges in Ahmedabad with low fees.
  • The top 10 MBA colleges in Ahmedabad are well renowned for high ROI and placement records. The highest recorded CTC stood at INR 1.32 CPA by IIM Ahmedabad. Check the complete list of AICTE-approved MBA colleges in Ahmedabad

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Top 10 MBA Colleges in Ahmedabad

Ahmedabad, the 'Capital City of Gujarat' hosts more than 88 Management colleges including the top colleges like IIM Ahmedabad, MICA School of Ideas, etc. IIM Ahmedabad is the best MBA college in India and it has a seat intake of 50+ for MBA/ PGDM courses. Below is the list of top MBA colleges in Ahmedabad with the number of seats available for MBA courses.

College/ University Name Seat Intake 
IIM Ahmedabad - Indian Institute of Management 50+
MICA Shela, Ahmedabad 216+
Institute of Management, Nirma University S.G Highway, Ahmedabad 711+
ICFAI Business School (IBS), Ahmedabad Sarkhej, Ahmedabad -
Ganpat University (GUNI) Ahmedabad 140+
L.J. Institute of Management Studies S.G Road, Ahmedabad 420+
GLS University Ellis Bridge, Ahmedabad -
Indus University Thaltej, Ahmedabad 180+
Silver Oak University Gota, Ahmedabad 870+
Amrut Mody School of Management, Ahmedabad University Navrangpura, Ahmedabad 175+

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

Top MBA Colleges in Ahmedabad: NIRF Ranking

National Institutional Ranking Framework also known as NIRF  is a methodology adopted by the Indian government to rank top Education institutions in India. NIRF ranks an Institute based on 5 different parameters. It is under the Ministry of Education. Every year NIRF publishes ranking lists of top Institutions in India for 8 different domains. NIRF is the most trustworthy and popular Ranking agency in India.

  • IIM Ahmedabad is ranked as the best MBA college in Ahmedabad for the past many years.
  • MICA, Nirma University, and Gujarat University are the only institutes other than IIM Ahmedabad which has managed to get into the NIRF ranking list.
  • Nirma University was ranked 40 last year. However, it dropped its position this year.

Tabulated below are the best MBA colleges in Ahmedabad according to the latest NIRF rankings.

NIRF Ranking 2022 College Name NIRF Score
1 IIM Ahmedabad - Indian Institute of Management 83.35
42 MICA 52.86
45 Institute of Management, Nirma University 52.00
99 Gujarat University 41.94

NIRF ranks the institutions based on 5 major parameters which carry different weightage to get a ranking. The following chart shows the weightage allotted to the 5 different parameters considered by NIRF for the ranking of top colleges in India.

NIRF Ranking Parameters Weightage

Source: NIRF Official Website

Top MBA Colleges in Ahmedabad: Times Ranking

The Times is one of the most popular English-language daily newspaper magazines in India. It also ranks and releases a list of some of the best Educational institutions across the country. Optimal Media Solutions - The Times in partnership with Avance India surveys to rank the top colleges/universities in India. The Times ranks the colleges based on several parameters like quality of Education, placement records, faculties, and others.

According to The Times rankings survey, the Institute of Management, Nirma University is the best MBA college in Ahmedabad. Its rank has dropped this year, last year it was ranked 16th. The University has a seat intake of 711 for MBA/ PGDM courses. Tabulated below are the Top MBA  colleges in Ahmedabad ranked by The Times Ranking.

The Times Ranking 2022 College Name 
24 Institute of Management, Nirma University, Ahmedabad

MBA Colleges in Ahmedabad Fees

The average MBA fees in the top MBA colleges in Ahmedabad range between INR 1.5 to INR 32 lakhs. Tabulated below are the top MBA colleges in Ahmedabad with fees.

College Name  Average Fees (INR) 
IIM Ahmedabad - Indian Institute of Management 31,50,000
MICA - The School of Ideas 21,00,000
Institute of Management, Nirma University 10,87,500
Shanti Business School - [SBS], Ahmedabad  7,15,000
St. Kabir Institute of Professional Studies - [SKIPS], Ahmedabad  5,08,500
Adani Institute of Infrastructure Management - [AIIM] 7,60,000
ICFAI Business School - [IBS], Ahmedabad  9,09,000
Indian School of Business Management and Administration - [ISBM], Ahmedabad  49,900
Amity Global Business School, Ahmedabad 5,50,000
Narayana Business School 7,95,000

MBA Colleges in Ahmedabad with Low Fees

MBA is one of the costliest courses in India. Because of high fees students prefer to study in government colleges or find a good college best suited to their financial conditions. Tabulated below are some of the best MBA colleges in Ahmedabad with low fees.

College/ University Name Average Fees (INR) 
Gujarat Vidyapith - [GVP], Ahmedabad  25,060
K.S School of Business Management, Ahmedabad  36,200
Gujarat Technological University - [GTU], Ahmedabad  25,000
Gujarat University - [GU], Ahmedabad  18,100
Silver Oak College of Engineering and Technology - [SOCET], Ahmedabad  20,000
Dr. Babasaheb Ambedkar Open University - [BAOU], Ahmedabad  15,000
B.K. School of Professional and Management Studies, Ahmedabad 12,000
Times Business School - [TBS], Ahmedabad  75,000
Indian School of Business Management and Administration - [ISBM], Ahmedabad  49,900
Ahmedabad Management Association 38,000

Top 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 Fees Average Placement Package ROI Rank*
Indus University INR 85,000 INR 4.50 LPA 1
IIM Ahmedabad  INR 15,75,000 INR 36.2 LPA 2
Institute of Management, Nirma University INR 5,48,000 INR 10.35 LPA 3
MICA Ahmedabad  INR 10,50,000 INR 19 LPA 4
Shanti Business School, Ahmedabad  INR 3,85,000 INR 6.75 LPA 5

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

MBA Government Colleges in Ahmedabad

There are around 6 MBA government colleges in Ahmedabad. IIM Ahmedabad and Gujarat Technological University are the best MBA government colleges in Gujarat. Tabulated below are the MBA government colleges in Ahmedabad with the number of MBA seats available.

College Name  Average Fees (INR) 
IIM Ahmedabad - Indian Institute of Management 31,50,000
Dr. Babasaheb Ambedkar Open University - [BAOU], Ahmedabad  15,000
St. Kabir Institute of Professional Studies - [SKIPS], Ahmedabad  5,08,500
Gujarat Technological University - [GTU], Ahmedabad  25,000
Gujarat University - [GU], Ahmedabad  18,100
Rashtriya Raksha University -

Top Private MBA Colleges in Ahmedabad

Tabulated below is the list of top private MBA colleges in Ahmedabad along with their fee structures.

Private MBA Colleges in Ahmedabad Average Fee (INR)
Institute of Management, Nirma University 8.14 lakhs-17.95 lakhs
L.J. Institute of Management Studies 1.5 lakhs-2.16 lakhs
Amrut Mody School of Management 3.04 lakhs-12.6 lakhs
MICA 21 lakhs
ICFAI Business School (IBS), Ahmedabad 8.03 lakhs
BK School of Business Management 1 lakh

Top MBA Colleges in Ahmedabad: Cutoff

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

College Name Cut off Percentile
Indian Institute of Management, Ahmedabad (IIMA) 98-99
MICA Ahmedabad 80-85
IRMA Anand 80-85
Institute of Management, Nirma University (IMNU), Ahmedabad 75-80
Entrepreneurship Development Institute of India - EDII Ahmedabad 70-75
Amrut Mody School of Management (AMSoM) - University of Ahmedabad 70-75

Top MBA Colleges in Ahmedabad: Admission Process

There are 67 MBA colleges in Ahmedabad, of which 60 are Private and 5 Government MBA colleges. The best MBA colleges in Ahmedabad offer MBA with multiple specializations like MBA in Finance, MBA HRM, MBA in Marketing, etc. Check the list of top Private MBA Colleges in Ahmedabad

The following chart represents the number of private and government MBA colleges in Ahmedabad:

MBA Colleges in Ahmedabad 2023

Admissions into MBA colleges in Ahmedabad are granted through entrance exams as well as merit. The top MBA colleges in Ahmedabad admit students based on MBA entrance exam scores like CAT, CMAT, MAT, etc. followed by a GD/ PI round. Some MBA colleges in Ahmedabad offer admission through State or University level entrance exams like Gujarat ACPC, SNAP, and MICAT. However, only a few colleges offer direct admissions.

The infographic below shows the no. of top MBA colleges in Ahmedabad accepting the scores of different entrance exams.

MBA Colleges in Ahmedabad with Entrance exams

IIM Ahmedabad

IIM Ahmedabad MBA Admissions 2023 has begun with CAT Registration. IIM Ahmedabad PGPX Round 2 Applications have started, and the last date to apply is October 28, 2022; PGPX Round 3 Applications will conclude on December 12, 2022. IIM Ahmedabad Admission for Ph.D. is ongoing, and the last date to apply for the same is January 17, 2023. Read More About IIM Ahmedabad MBA Admission

IIM Ahmedabad Placement Report

IIM Ahmedabad has recently concluded Placements, conducted in 3 clusters with all students being placed across 20 cohorts. For MBA, a total of 220 offers were rolled out by 190 firms. Boston Consulting Group made the most, i.e a total of 47 offers followed by Accenture with 32 offers. For PGP FABM, 46 students were placed under some of the top industry giants such as BCG, Nomura, Ola, Samsung Electronics, CK Birla Group, Accenture, American Express, Arthur D. Little, Avendus, Bain & Co, Citi, Credit Suisse, Goldman Sachs, etc.

Particulars  Placement Statistics (2021-22)
Number of Students Eligible 140
Number of Students Sought Placements through the Institute 122
Total Offers Accepted 119
A number of Companies Participated 120
Highest CTC  INR 82 LPA
Average CTC  INR 30 LPA
Top Recruiting Sectors  IT & Healthcare
Top Companies  Google, Microsoft, Amazon

IIM Ahmedabad Placements Cluster-wise

Since the institute conducted the entire placement process virtually “cluster-cohort system” where recruiters offering similar profiles are grouped into a cohort. The following represents the Cluster-wise data that has been collected by the Collegedunia team:

IIM Ahmedabad Placements 2021 Cluster-wise 

Nirma University

Nirma University offers full-time MBA programs in various specializations. The Nirma University MBA Admission happens based on CAT scores and subsequent interviews. The application window for MBA and MBA (HRM) is open now. The last date to apply for the course is December 31, 2022. Nirma University has a 100% placement record for its MBA course and the highest package in 2022 was INR 26 LPA. NU MBA Fees are INR 5 Lacs per year.

The following chart compares the seat intake of the 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.

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 categorized some lists of such colleges below.

CMAT Accepting Colleges in Ahmedabad

Common Management Admission Test or popularly known as CMAT is a National level Entrance test conducted once a year. CMAT is one of the most commonly accepted entrance exams in the top MBA colleges in Ahmedabad. The registration process for CMAT 2023 will begin in the third week of February 2023 and till the 3rd week of March 2023. CMAT 2023 exam is scheduled to be held in the 2nd week of April 2023. Check CMAT 2023 Exam Pattern

Listed below are the top MBA colleges in Ahmedabad accepting CMAT scores:

  • Ganpat University  
  • L.J. Institute of Management Studies
  • GLS University, Ellis Bridge, Ahmedabad
  • Silver Oak University, Gota, Ahmedabad
  • Indus University, Ahmedabad
  • SKIPS - St. Kabir Institute of Professional Studies, Ahmedabad
  • Shanti Business School
  • Adani Institute of Digital Technology Management, Ahmedabad

Top MBA Colleges in Ahmedabad Through CAT

CAT or Common Admission Test is the most popular entrance exam in India for management education. Out of 68, more than 23 top MBA colleges in Ahmedabad accept CAT scores for admission. The application process for CAT 2023 has already ended, the last date for the same was 21st September 2022. The date for the release of admit cards is yet to be announced. The exam is scheduled to be conducted on 27th November 2022. Check CAT Registration Process, Form, and Fees

Click on the links given below in the table to check out the detailed cutoff list of the top MBA colleges in Ahmedabad through CAT.

College/ University Name Cutoff Details 
IIM Ahmedabad - Indian Institute of Management Check Here 
MICA Shela, Ahmedabad Check Here 
Institute of Management, Nirma University S.G Highway, Ahmedabad Check Here 
ICFAI Business School (IBS), Ahmedabad Sarkhej, Ahmedabad Check Here 
Ganpat University (GUNI), Ahmedabad Check Here 
L.J. Institute of Management Studies S.G Road, Ahmedabad Check Here 
Chimanbhai Patel Institute of Management and Research (CPIMR), Ahmedabad Check Here 
B.K. School of Professional and Management Studies, Ahmedabad Check Here 
Shanti Business School S.P Ring Road, Ahmedabad Check Here 
SKIPS - St. Kabir Institute of Professional Studies, Ahmedabad Check Here 

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Top MBA Colleges in Ahmedabad without Entrance Exam

The top MBA colleges in Ahmedabad admit students based on the scores of entrance exams such as CAT, CMAT, MAT, Gujarat ACPC, etc. Apart from that, few private colleges offer admission on a merit basis. Some of the top MBA colleges in Ahmedabad without entrance exams are tabulated below with seat intake.

College/ University Name Seat Intake 
Amity Global Business School, Ahmedabad Prahlad Nagar, Ahmedabad 60+
Panache Academy, Ahmedabad Prahlad Nagar, Ahmedabad 120+
Victoria University (VU-India), Ahmedabad 120+
Shayona Institute of Business Management Ahmedabad 90+
Swarnim Startup and Innovation University Ahmedabad 425+

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 a 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.

MBA in HR Colleges in Ahmedabad

MBA in Human Resources Management (HR) is designed to train students to become professionals in tasks like hiring, managing, and organizing the workforce of organizations. MBA in HR is one of the most opted and demanded MBA specializations. Tabulated below are the top MBA in HR colleges in Ahmedabad with the number of seat availability.

College/ University Name Seat Intake 
Institute of Management, Nirma University S.G Highway, Ahmedabad 531+
ICFAI Business School (IBS), Ahmedabad Sarkhej, Ahmedabad -
GLS University Ellis Bridge, Ahmedabad -
Indus University Thaltej, Ahmedabad 60+
Silver Oak University Gota, Ahmedabad 870+
SKIPS - St. Kabir Institute of Professional Studies, Ahmedabad 240+
B.K. School of Professional and Management Studies, Ahmedabad 30+
Narayana Business School Sarkhej, Ahmedabad 180+
Shanti Business School S.P Ring Road, Ahmedabad 180+
SAL Education Sola Road, Ahmedabad 180+

Top MBA Colleges in Ahmedabad for Finance

Finance is one of the most popular management streams and provides lucrative job options to MBA students. Multiple companies are 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, AhmedabadMBA in Human Resources Management (HR) is designed to train students to become professionals in tasks like hiring, managing, and organizing the workforce of organizations. MBA in HR is one of the most opted and demanded MBA specializations. Tabulated below are the top MBA in HR colleges in Ahmedabad with the number of seat availability.

Also, Check, 

Top MBA Colleges in Ahmedabad: FAQs

Ques. Is Ahmedabad good for MBA?

Ans. Ahmedabad is one of the best destinations to pursue an MBA in India. Ahmedabad is among the high priority for students seeking to pursue MBA from the top MBA colleges in India. Ahmedabad is home to around 63 MBA colleges in India including IIM Ahmedabad. 

Ques. Which MBA college has the best placement?

Ans. IIM Ahmedabad is the best MBA college in India and has the best Placement. IIM Ahmedabad has recorded the highest MBA placement in India. Apart from that, IIM Lucknow and XLRI Jamshedpur are also the best MBA colleges in India with high placements.

Ques. What is the fee of IIM Ahmedabad?

Ans. The average annual fee for pursuing PGDM or Post Graduate Diploma in Management from IIM Ahmedabad is INR 23 LPA.

Ques. How can I get admission to an MBA in Ahmedabad?

Ans. Aspirants seeking admission to MBA in Ahmedabad must have completed their graduation with 50% marks from a recognized University and may appear in Management entrance exams like CAT, MAT, GMAT, etc. followed by a GD/ PI round. 

Ques. Which are the No 1 MBA colleges in India?

Ans. IIM Ahmedabad is the No 1 MBA college in India, followed by IIM Bangalore, IIM Lucknow, XLRI Jamshedpur, IIM Kolkata, IIT Delhi, and many others and they are also ranked among the best MBA colleges in India by NIRF, India Today, and other ranking agencies.

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 are the fees of IIM Ahmedabad for an MBA?

Ans. The MBA fee 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 for the CAT exam?

Ans. The fees for CAT were 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 like a tough task but it is not an 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 on CMAT?

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

Ques. Which is the toughest MBA entrance exam?

Ans. CAT is considered 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 to MICA?

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

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