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Top MBA Colleges in Gujarat Based on 2023 Ranking

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| Updated On - Dec 31, 2022

The best MBA colleges in Gujarat include IIM Ahmedabad, MICA Ahmedabad, Institute of Management Nirma University, etc. There are 201 MBA colleges in Gujarat including 169 private and 24 MBA government colleges in Gujarat. Most of the top MBA colleges in Gujarat are affiliated with Gujarat  Technological University. Top MBA colleges in Gujarat offer Distance MBA, full-time MBA, and part-time in several specializations.

  • IIM Ahmedabad is the best MBA college in Gujarat and is ranked 1 by NIRF 2022 among the top Management colleges in India. 
  • MICA Ahmedabad, Institute of Rural Management, and Institute of Management-Nirma University are among the top 10 MBA colleges in Gujarat. See MBA government colleges in Gujarat
  • MBA admissions in most of the best MBA colleges in Gujarat are offered through CAT, GUJARAT ACPC, CMAT scores, and personal interviews.  
  • Narayana Business School, Auro University, and Kalol Institute of Management (KIM) are some MBA colleges in Gujarat without entrance exams. Check EMBA
  • MBA fees at the best MBA colleges in Gujarat range from INR 30,000 - 30,00,000. Parul University and MSU Vadodara are the top MBA colleges in Gujarat with a fee structure of less than INR 80,000 per year. 
  • The best MBA colleges in Gujarat offer high packages with equator job opportunities. The average CTC offered to students ranges between INR 5 - 20 LPA.

Top 10 MBA Colleges in Gujarat

Gujarat is home to some of the best Management colleges in India. Top-ranked MBA colleges in Gujarat such as IIM Ahmedabad are ranked by various International Ranking agencies like QS World University Rankings, Financial Times, etc. Tabulated below are the top 10 MBA colleges in Gujarat with MBA seats:

College Name  MBA seats
IIM Ahmedabad - Indian Institute of Management 50+
Institute of Management, Nirma University 711+
L.J. Institute of Management Studies 420+
GLS University 60+
Amrut Mody School of Management, Ahmedabad University 175+
Indus University 180+
Silver Oak University 870+
SKIPS - St. Kabir Institute of Professional Studies 180+
Institute of Rural Management, Anand 240+
Faculty of Management Studies, Baroda, The Maharaja Sayajirao University of Baroda 160+

Best MBA Colleges in Ahmedabad

Ahmedabad, the capital city of Gujarat also known as the 'Manchester of India' is home to some of the top-ranked and most prestigious MBA colleges in India. IIM Ahmedabad, MICA Ahmedabad, and Institute of Management Nirma University are the best MBA colleges in Ahmedabad. Below is a list of top-ranked and best MBA colleges in Ahmedabad with fees:

College Name  Average Fees (INR) 
IIM Ahmedabad - Indian Institute of Management 16,99,000
Institute of Management, Nirma University 7,61,000
L.J. Institute of Management Studies 2,16,000
ICFAI Business School (IBS), Ahmedabad 9,09,000
Silver Oak University 1,07,000
Amrut Mody School of Management, Ahmedabad University 3,04,000
Indus University 1,64,000
Amity Global Business School, Ahmedabad 5,05,000
Chimanbhai Patel Institute of Management and Research (CPIMR) 1,74,000
Narayana Business School 6,05,000

Top MBA Colleges in Gujarat: Rankings

Every year, various ranking agencies like NIRF, Economic Times, Business Today, The Week, and many more releases the list of top engineering colleges. These rankings are based on different parameters like - Teaching, Learning & Resources, Graduation Outcomes, Facilities, and many more.

Mentioned below are some of the rankings for Top MBA colleges in Gujarat from top-ranking agencies in India.

Top MBA Colleges in Gujarat: NIRF Ranking 2022

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. of top MBA colleges in Gujarat according to NIRF rankings.

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

NIRF Ranking Parameters Weightage

Based on the factors mentioned above,

  • NIRF has ranked a total of 6 colleges from Gujarat as top MBA colleges in India
  • IIM Ahmedabad is ranked as the top MBA college in Gujarat and India.
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
58 Institute of Rural Management, Anand 49.67
89 School of Petroleum Management, Pandit Deendayal Energy University 43.77
99 Gujarat University 41.94

Top MBA Colleges in Gujarat: The Times Ranking 2022

The Times is one of the most popular, leading, and widespread newspapers/ magazines in India. The Times ranks the best education institutions in India in different domains based on various parameters. The rankings are based on many parameters like placements, and ROI, among others. Tabulated below are the top MBA colleges in Gujarat as per The Times 2022 Ranking:

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

Top MBA Colleges in Gujarat: The Week Ranking

The Week is a magazine that ranks colleges based on Infrastructure, Faculty, Entry Standards, Placements, and Industry Exposure. The magazine has released a list of top MBA colleges in India along with many other lists like top MBA colleges in Mumbai, top MBA colleges in Delhi NCR, etc. As per The Week magazine, the ranking of MBA colleges in Gujarat is as follows:

College Name

All India Rank 2019

All India Rank 2018

Change

Average Annual Fees

Indian Institute of Management, Ahmedabad

1

1

INR 17,70,700 

Institute of Rural Management, Anand

22

25

+3

INR 5,83,400

Institute of Management, Nirma University

27

28

+1

INR 5,02,000

The Week ranked a total of 3 MBA colleges in Gujarat as mentioned above. 

  • As ranked by other agencies, The Week has also ranked IIM Ahmedabad as the Best MBA college in Gujarat as well as the best MBA college in India.
  • IRMA has improved its position from 25 of last year to 22 of this year.
  • Similarly, Nirma University has also improved its position by 1.

Top MBA Colleges in Gujarat with Fee Structure

The top MBA colleges in Gujarat offer MBA courses with an average fee between INR 30,000 - 30 Lakhs. IIM Ahmedabad and MICA Ahmedabad are the most expensive MBA colleges in Gujarat. Parul University and MSU Vadodara are the top MBA colleges in Gujarat with fewer fees. Check out the list below for the top MBA colleges in Gujarat with fees structure:

College Name  Average Fees (INR)
IIM Ahmedabad - Indian Institute of Management 16,99,000
Institute of Management, Nirma University 7,61,000
L.J. Institute of Management Studies 2,16,000
Parul University 1,48,000
Dr. Subhash University 1,28,000
Amrut Mody School of Management, Ahmedabad University 3,04,000
Indus University 1,64,000
Amity Global Business School, Ahmedabad 5,05,000
SKIPS - St. Kabir Institute of Professional Studies 4,95,000
Institute of Rural Management, Anand 15,17,000

MBA Government Colleges in Gujarat

There are around 24 MBA government colleges in Gujarat. IIM Ahmedabad and Gujarat Technological University are the best MBA government colleges in Gujarat. Tabulated below are the top 10 government MBA colleges in Gujarat with the number of MBA seats available.

College Name  MBA seats 
IIM Ahmedabad - Indian Institute of Management 50+
Footwear Design and Development Institute 80+
Saurashtra University 90+
Entrepreneurship Development Institute of India 150+
Gujarat Technological University 90+
Sardar Patel University 75+
National Forensic Sciences University 120+
Centre for Studies in Rural Management - Gujarat Vidyapith 32+
MKBU - Maharaja Krishnakumarsinhji Bhavnagar University 147+
Aspee Agribusiness Management Institute, Navsari Agricultural University 37+

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

Return on Investment (ROI) is the primary factor that a student looks at when selecting a good college, especially in the case of Medical and MBA colleges. With the help of ROI, one can estimate how much profit a college can be from pursuing a specific course and how long it will take to recover invested money in terms of fees. As the fees in top MBA colleges are pretty high it directly affects the ROI of the college.

ROI is calculated by taking the ratio between the average placement package to the average annual fees of the Institute. The best MBA colleges in Gujarat like IIM Ahmedabad, MICA Ahmedabad, etc. offer high placement packages which result in high ROI. The table below lists the top MBA colleges in Gujarat offering high ROI (Return on Investment):

College Name Average Annual Fees Average Placement Package ROI Rank*
Institute Of Rural Management - [IRMA], Anand INR 7,58,550 INR 15 LPA 1
Institute of Management Nirma University INR 5,48,000 INR 10.35 LPA 2
IIM Ahmedabad  INR 15,00,000 INR 27.54 LPA 3
MICA Ahmedabad  INR 10,50,000 INR 19 LPA 4
Amrut Mody School Of Management INR 2,60,000 INR 4.25 LPA 5

*ROI= (Average Annual Package/ Average Annual Fee)* 100%

  • Institute Of Rural Management - [IRMA] Anand is offering the highest ROI, the average CTC recorded at IRMA Anand is INR 15 LPA.
  • Institute of Management Nirma University ranks in 2nd place in terms of ROI followed by the Indian Institute Of Management - IIM Ahmedabad at 3rd place.
  • MICA Ahmedabad is offering a quite good placement package with low course fees and is placed at 4th place for high ROI.
  • IIM Ahmedabad is one of the best MBA colleges in Gujarat and is offering the highest average placement package which stands at INR 27.54 LPA.

Top MBA Colleges in Gujarat: Admission Process

Gujarat houses around 201 MBA colleges amongst them 169 are private and 24 are government MBA colleges in Gujarat. The best MBA colleges in Gujarat offer Regular MBA, Online MBA as well as Distance MBA.

MBA Admissions in top colleges in Gujarat are based on merit as well as entrance exams. Most of the best MBA colleges in Gujarat select students through CMAT, GUJARAT ACPC, CAT, XAT, etc. scores and GD/ PI round. However, there are some MBA colleges in Gujarat that offer direct admission based on merit. Narayana Business School and AMSOM Ahmedabad are some top MBA colleges in Gujarat without entrance exams.

Check CAT Important Dates

IIM Ahmedabad

IIM Ahmedabad Admission 2023 for MBA is OPEN with CAT registration. IIM CAT 2022 Registration began on August 3, 2022, and the last date to register is September 14, 2022. IIM Ahmedabad admission to PGPX (Post Graduate program for working Executives) is also OPEN. The last date for registration for Phase 1 admission for PGPX is August 22. Also, IIM Ahmedabad e-PGD Admission 2022 is OPEN till October 30, 2022. Interested and eligible students can apply for their desired course before the deadline.

Check out IIM Ahmedabad Admission 2023 Updates

IIM Ahmedabad Placements Reports

The following table represents the Indian Institute of Management - IIM Ahmedabad placements report:

IIM Ahmedabad Placement 2022

IIM Ahmedabad Placements Reports Sectors Wise

The infographic below is the placement drive Reports (Sectors Wise) of the Indian Institute of Management - IIM Ahmedabad:

IIM Ahmedabad Placements Reports Sectors-Wise

MICA Ahmedabad

MICA Ahmedabad Admission 2022 for different courses has been concluded. For the 2023 session, the registration process for the CAT exam has begun and the last date for the same is September 23, 2022. The exam is scheduled to be held on November 27, 2022 (Tentative). Candidates seeking MBA admission into MICA Ahmedabad can fill out the CAT registration form. Qualified candidates will be able to apply for MICA Ahmedabad MBA admission.

See More MICA Ahmedabad Courses and Fees

MICA Ahmedabad Placements Reports

The following infographic shows the comparison of MICA Placements Reports for 2021 and 2022.

MICA Ahmedabad Placements 2022

MICA Ahmedabad Placements Reports Sector Wise

The infographic below highlights the sector-wise placement Reports of MICA Ahmedabad.

MICA Ahmedabad Placements Reports Sector Wise

Institute of Management, Nirma University

Institute of Management Nirma University is one of the top MBA colleges in Gujarat. The Institute offers several Management courses like MBA, BBA, Integrated BBA+MBA, Ph.D., etc. Admission to IMNU Ahmedabad is offered through CAT, CMAT, IPMAT, etc. scores followed by a Group Discussion or Personal Interview round. Registration for CAT has begun, and aspirants can fill out the application form before September 23, 2022.

IMNU Ahmedabad Placements Reports

Check out the following infographic for the placement Reports of the Institute of Management Nirma University of 2022.

IMNU Ahmedabad Placements Reports 2022

Top MBA Colleges in Gujarat: Entrance Exam Wise

Most MBA colleges in Gujarat admit students based on the marks secured in MBA Entrance exams like CAT, CMAT, GUJARAT ACPC, etc. CMAT is the most common entrance exam for MBA admissions into the best MBA colleges in Gujarat. However, only a few top MBA colleges in Gujarat offer merit-basis admissions.

Different MBA colleges in Gujarat accept different entrance exams, the infographic below shows the number of MBA colleges accepting different exams.

Top MBA Colleges in Gujarat Entrance Exam Wise

Top MBA Colleges in Gujarat 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. CAT 2022 important dates are released now. The registration for CAT 2022 application form was begun on August 3, 2022, and will be OPEN till September 14, 2022. The admit card for the same will be released on October 27, 2022, and the exam is scheduled to be conducted on November 27, 2022.

Tabulated below are some of the Top MBA colleges in Gujarat through CAT:

College Name  Cutoff Details 
IIM Ahmedabad - Indian Institute of Management  Check Cutoff 
Institute of Management, Nirma University Ahmedabad Check Cutoff
Amrut Mody School of Management, Ahmedabad University Check Cutoff 
Indus University, Ahmedabad Check Cutoff 
MICA Shela, Ahmedabad Check Cutoff 
Institute of Rural Management, Anand Check Cutoff 
Veer Narmad South Gujarat University Surat Check Cutoff 
Narayana Business School Sarkhej, Ahmedabad Check Cutoff 
School of Petroleum Management, Pandit Deendayal Energy University Gandhinagar Check Cutoff 
Som-Lalit Education and Research Foundation (SLERF), Ahmedabad Check Cutoff 

Top MBA Colleges in Gujarat Accepting CMAT Score

Common Management Admission Test (CMAT) is a National level Management Entrance exam held only once a year. The application process for CMAT 2023 will begin in the 3rd week of February 2023 and till 3rd week of March. Admit cards for the same will be released in April 2023 and the exam is going to be held in the 2nd week of April 2023. CMAT 2023 results will be announced in the last week of April 2023.

Below is the list of top MBA colleges in Gujarat accepting CMAT scores:

  • L.J. Institute of Management Studies, Ahmedabad
  • GLS University, Ahmedabad
  • Amrut Mody School of Management, Ahmedabad University
  • Indus University, Ahmedabad
  • Silver Oak University, Ahmedabad
  • Faculty of Management Studies, Baroda, The Maharaja Sayajirao University of Baroda

MBA Colleges in Gujarat without Entrance exam

Apart from the top-ranked and best MBA colleges in Gujarat offering admission through entrance exam scores, some MBA colleges in Gujarat offer direct admission. Below is a list of some MBA colleges in Gujarat without an Entrance exam:

  • Narayana Business School (NBS), Ahmedabad 
  • Auro University (AU), Surat
  • Amrut Mody School of Management (AMSOM), Ahmedabad 
  • IBMR Business School, Ahmedabad 
  • Shri Jaysukhlal Vadhar Institute of Management Studies (JVIMS), Jamnagar
  • Kalol Institute of Management (KIM), Kalol

Check out the Top MBA Colleges in India without entrance

Top MBA Colleges in Gujarat: Placement Wise

Every year top companies participate in placement drives of top MBA colleges in Gujarat and offer lucrative offers to the students. IIM Ahmedabad is the best MBA college in India in terms of placement.

Also, Read Top MBA colleges in India Placement Wise

The best MBA colleges in Gujarat like IIM Ahmedabad, MICA Ahmedabad, etc. are renowned for their impeccable high placement records. The following infographic shows the average and highest placement packages of top MBA colleges in Gujarat.

Top MBA Colleges in Gujarat Placement Wise

Top MBA Colleges in Gujarat For Finance

MBA graduates excel a lot in the finance field as there are tremendous opportunities available in Banking, Financial Services & Insurance (BFSI) fields. It can also be concluded from the data analysis above that most of the students from all top MBA colleges in Gujarat are placed in the finance field. The best MBA in finance is provided by the following colleges:

  • Institute of Management, Nirma University
  • ITM Vocational University, Vadodara 
  • Parul University, Vadodara 
  • S.V Institute of Management, Kadi
  • Ahmedabad University, Amrut Mody School of Management 
  • Sardar Patel University, Vallabh

Top MBA Colleges in Gujarat For HR

HR being the most crucial resource of any industry/ organization is an evergreen field. Every organization requires the best management for the human resources organization. Therefore, HR is another top field for MBA graduates. The top MBA colleges in Gujarat providing an MBA degree in HR are FMS Baroda and Institute of Management, Nirma University.

Given below are some of the best MBA colleges in Gujarat for HR:

  • Institute of Management, Nirma University
  • ITM Vocational University, Vadodara 
  • Parul University, Vadodara 
  • Maharaja Sayajirao University of Baroda
  • Ahmedabad University, Amrut Mody School of Management 
  • Pandit Deendayal Energy University, Gandhinagar

Also Check:

Top MBA Colleges in Gujarat: FAQs

Ques. Which college is best for MBA in Gujarat?

Ans. IIM Ahmedabad is the best college for MBA in Gujarat. IIM Ahmedabad is ranked 1st by NIRF 2022 among the top MBA colleges in India.

Ques. Which are the top 3 best MBA colleges in Gujarat?

Ans. As per NIRF ranking 2022 and other ranking agencies, the following are the top 3 MBA colleges in Gujarat- IIM Ahmedabad, Institute of Rural Management-Anand, and Institute of Management-Nirma University.

Ques. Which university is the best for MBA in Gujarat?

Ans. NIRMA University and Parul University are considered the best universities for an MBA course in Gujarat.

Ques. Which MBA college has the best placement?

Ans. IIM Ahmedabad, MICA Ahmedabad, IRMA Anand, and IMNU Ahmedabad are some of the best MBA colleges in Gujarat for placement.

Ques. What are the fees for MBA courses at Gujarat University?

Ans. Gujarat University offers MBA courses at around INR 25,000 per year. 

Ques. What is the fee for MBA at IIM Ahmedabad?

Ans. The MBA fee at IIM Ahmedabad is INR 30 Lakhs for 2 years. 

Ques. What is the highest package at Parul university?

Ans. The highest placement package recorded at Parul University stood at INR 29.50 Lakhs per annum. The average CTC offered by Parul University ranges between INR 3 - 8 Lakhs. 

Ques. Which exam is required for MBA in Gujarat?

Ans. Most of the top MBA colleges in Gujarat offer admission to MBA courses through CMAT, GUJARAT ACPC, and CAT scores followed by a Personal interview. CMAT is the most common entrance exam for MBA in Gujarat and is accepted by more than 70 best MBA colleges in Gujarat.

Ques. What are the top MBA colleges in Gujarat through CMAT?

Ans. Various Public and Private colleges offer admissions in MBA through CMAT scores. Some of the top colleges are MS Patel Institute of Management-FMS Baroda, Gujarat University, etc.

Ques. Which are the best MBA colleges in Gujarat without an entrance exam?

Ans. Narayana Business School Ahmedabad and Auro University Surat are the best MBA colleges in Gujarat without an entrance exam.

Read More

Top MBA Colleges in Gujarat Based on 2023 Ranking

Popularity
PopularityRatingHighest FeesLowest Fees

Indian Institute of Management - [IIMA]
Indian Institute of Management - [IIMA] logo

Indian Institute of Management - [IIMA]

Ahmedabad, Gujarat | UGC, NCISM Accredited

8.8/10 (16 Reviews)

MBA/PGDM

23.00 Lakhs


NIRFranking 1 out of 100 in 2021

Institute of Management, Nirma university
Institute of Management, Nirma university logo
8.5/10 (14 Reviews)

MBA/PGDM

5.02 Lakhs


NIRFranking 40 out of 75 in 2019

Maharaja Sayajirao University of Baroda - [MSU]
Maharaja Sayajirao University of Baroda - [MSU] logo

Maharaja Sayajirao University of Baroda - [MSU]

Vadodara, Gujarat | UGC Accredited

7.9/10 (294 Reviews)

MBA/PGDM

23.10 K


ranking 33 out of 37 in 2021

Navrachana University - [NUV]
Navrachana University - [NUV] logo

Navrachana University - [NUV]

Vadodara, Gujarat | UGC, AIU Accredited

7.5/10 (32 Reviews)

MBA/PGDM

1.14 Lakhs



Parul University
Parul University logo

Parul University

Vadodara, Gujarat | UGC, COA, PCI, INC, GNC Accredited

8/10 (283 Reviews)

MBA/PGDM

90.00 K


ranking 113 out of 120 in 2020

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