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

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Being an education hub for management courses, Gujarat is home to some of the best MBA colleges out there. Most of the students wish for top MBA public colleges in Gujarat.

  • There are a total of 170 colleges, out of which 133 are private MBA colleges and 37 are public colleges.
  • Some of the top MBA colleges in Gujarat include IIM Ahmedabad, IRMA, MS Patel Institute of Management, and many more. 
  • NIRF has ranked IIM Ahmedabad as the best MBA college in India in 2020 ranking survey.

Top MBA Colleges in Gujarat: Rankings

Every year various agencies like NIRF, The Week, Times B School, Economic Times, QS Rankings, etc. rank private and public colleges in India based on multiple aspects like Infrastructure, Faculty Composition, Placement, Annual Fee, etc.

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

NIRF or National Institutional Ranking Framework is one of the agencies under the Ministry of Human Resource Development (MHRD), Government of India which releases All India Ranks for colleges of India. The table below shows the ranking of top MBA colleges in Gujarat according to NIRF rankings.

Name of the College

NIRF Ranking 2020

NIRF Ranking 2019

Change

Average Annual Fees

Indian Institute of Management, Ahmedabad

1

2

+1

INR 17,70,700 

Institute of Management, Nirma University

44

40

-4

INR 5,02,000

Institute of Rural Management, Anand

72

51

-21

INR 5,83,400

Pandit Deendayal Petroleum University, Gandhinagar 74 NP - INR 4,23,000

NIRF, being the most trustworthy ranking organization of India, ranks the management colleges on 5 parameters, namely-

  • Teaching, Learning, and Resources
  • Research and Professional Practice
  • Graduation Outcome
  • Outreach and Inclusivity
  • Perception

Based on the factors mentioned above,

  • NIRF has ranked a total of 4 colleges from Gujarat in top MBA colleges in India
  • It identified IIM Ahmedabad as the top MBA college in Gujarat, which has also replaced IIM Bangalore as the best college in India this year. 

Top MBA Colleges in Gujarat: Jagran Josh Ranking

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 Management, Nirma University

30

30

INR 5,02,000

Institute of Rural Management, Anand

46

46

INR 5,83,400

Pandit Deendayal Petroleum University, Gandhinagar

91

91

INR 3,60,000

As per rankings by Jagran Josh, there are 4 MBA colleges of Gujarat among the Top 100 MBA colleges in India. Apart from the colleges, Pandit Deendayal Petroleum University, Gandhinagar has also made it to the top 100 MBA colleges in India. All the institutions have retained their rank from 2018 without any change.

Top MBA Colleges in Gujarat: The Week Ranking

The Week is a magazine that ranks colleges based on Infrastructure, Faculty, Entry Standard, 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 are 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 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: ROI (Return on Investment)

MBA is usually a posh degree especially when talking about IIM Ahmedabad, but let us see how top MBA colleges are ranked based on their Return on Investment (ROI).

College Name

Average Annual Fees

Average Annual Package

ROI Rank*

MS Patel Institute of Management- FMS Baroda

INR 1,70,000

INR 5,60,000

1

Institute of Rural Management, Anand

INR 5,83,400

INR 12,17,000

2

Pandit Deendayal Petroleum University, Gandhinagar

INR 3,60,000

INR 7,40,000

3

IIM Ahmedabad

INR 12,50,000

INR 22,80,000

4

Institute of Management, Nirma University

INR 5,02,000

INR 7,77,000

5

ICFAI Business School, Ahmedabad

INR 4,05,000

INR 5,95,000

6

The top MBA colleges in Gujarat provide a good Return on Investment and every college offers an average CTC of at least INR 5.5 lakh per annum. The following graph represents the ROI of each college: 

Top MBA Colleges in Gujarat ROI
  • Although the fee for IIM Ahmedabad is touching the skies, it offers the best ROI (Return on Investment) among all private as well as public MBA colleges in Gujarat.
  • MS Patel Institute of Management, however, offers the least average annual package among all the top MBA colleges in Gujarat (INR 5,60,000), but the fee of the same is only INR 1,70,000 per year. Therefore, it offers a good ROI.
  • Other private top colleges are IRMA, Institute of Management, Nirma University, PDPU, ICFAI Business School, etc.

Top MBA Colleges in Gujarat: Admission Process

There are 170  MBA colleges in Gujarat among which there are 37 public colleges and 133  private colleges. The following graph explains the ratio in a better way. 

No. of public and private MBA colleges in Gujarat

All of the top MBA colleges in Gujarat accept the score of the CAT (Common Admission Test) held on a rotational basis by IIMs. Moreover, Gujarat also conducts the Gujarat Common Entrance Test (GCET) for admissions in MBA and MCA.

IIM Ahmedabad

IIM Ahmedabad is among the best IIMs across the country and has been ranked at number 1 by NIRF.

  • The Admission in IIM Ahmedabad is a two-step process. First, the students are screened based on their CAT score along with marks secured in 10th, 12th, Graduation.
  • After this, the students are selected on the basis of CAT, an Analytical Writing Test (AWT) and Personal Interview(PI) and a composite score is generated in the end. 
  • The overall minimum acceptable cut off of IIM Ahmedabad in 2019 was 80 percentile (in CAT)
  • There are 385 management seats in IIM, Ahmedabad and candidates are shortlisted only through CAT.

The Average CTC offered to an MBA graduate of IIM Ahmedabad in the college placement is INR 22,80,000 and the highest offered package is INR 70,00,000 per annum. The data analysis of placed students from IIM, Ahmedabad in different sectors is shown in the following chart:

The students got placed in different roles and functions, mainly categorized into 11 functions. The function-wise placement of students is represented in the following chart:

IIM Ahmedabad Sector-wise Placement
IIM Ahmedabad Function-wise Placement

Most of the students are placed in Consulting firms as Consultants/Managers.

Institute of Rural Management, Anand (IRMA)

IRMA is another best MBA college in Gujarat that offers a postgraduate diploma in Rural Management and some other courses. It is ranked at Number 30 in All India Ranking of Top MBA colleges in India by NIRF.

The admissions in IRMA are carried out in two ways. The acceptable test scores are CAT as well as the XAT (Xavier Aptitude Test, conducted by Xavier School of Management). Following are the two ways by which IRMA shortlists students for GA and PI round:

  • Merit-based calls: Candidates who have scored more than 85 percentiles in CAT or XAT are eligible to be shortlisted.
  • Profile-cum-merit based calls: Those students who have completed their graduation from top universities and have work experience in social impact, community development, etc. are eligible for profile-based calls. These candidates are offered a rebate of 5 percentile marks in CAT/XAT. Candidates with 80 percentiles can be shortlisted in this category.

Shortlisted candidates are called at IRMA where they participate in IRMA Social Awareness Test 2020 (IRMA SAT) followed by Group Activity and Personal Interview.

  • Students of IRMA’s are highly valued in local, national as well as international NGOs, Funding agencies and development organizations.
  • The average batch size of IRMA PGDRM is 180.

With a 100% placement record in 2019, the average placement package offered INR 12,17,000 per annum. The highest package offered by IRMA last year was INR 50 lakhs. All the 171 students of the 2019 batch are placed in different sectors. Most of the students from the IRMA 2019 batch were placed in Banking and Financial Services Industry.

The sector-wise classification of placed students is shown in the chart below:

Sector Wise Placement of PGDRM Students.

Institute of Management, Nirma University

Management School of Nirma University is another top MBA college in Gujarat which provides an MBA program in Ahmedabad. Additionally, the institute also provides MBA in Human Resources Management (HRM) and MBA in Family Business & Entrepreneurship.

  • The students may apply for an MBA at Nirma University after appearing in CAT conducted by IIMs. Also, for foreign candidates, GMAT scores are accepted.
  • There are a total of 240 seats for MBA and 30 seats for MBA (HRM).

The selection of any candidate is based on the following criteria:

Criteria

Weightage

CAT scores

60%

Personal Interview

20%

Theme Development and Presentation

10%

Academic Performance*

10%

Academic performance is evaluated through scores of Graduation (50%), Class XII scores (30%) and Class X scores (20%). The average placement package for students of Nirma University is INR 7,77,000 and the highest package offered last year is INR  22,00,000.

Top MBA Colleges in Gujarat: Entrance Exam Wise

The students opting to study in top MBA colleges in Gujarat can apply for admission after appearing in various top MBA entrance exams like CAT, MAT, XAT and state-level exams like GCET. However, most of the colleges accept CAT scores only, but some of the colleges offer admission based on other test scores as well.

Top MBA Colleges in Gujarat Through CAT 

Almost every public and private MBA college of Gujarat accepts CAT score. CAT (Common Admission Test) is conducted every year by IIMs throughout the country and following are some best MBA colleges of Gujarat accepting CAT scores:

  • Indian Institute of Management, Ahmedabad
  • Institute of Rural Management, Anand
  • Institute of Management, Nirma University
  • Pandit Deendayal Petroleum University
  • ICFAI Business School (ICFAI also conducts its own entrance exam IBSAT for admissions in 9 campuses of ICFAI Business School)
  • MS Patel Institute of Management- FMS, Baroda

The cut-off decided by top MBA colleges in Gujarat for CAT score is shown in the chart below:

Cutoff CAT Score for Admissions in Top MBA Colleges in Gujarat

CAT exam consists of three parts and there is a sectional cut-off for every part to clear the exam:

  • Quantitative Aptitude
  • Logical Reasoning & Data Interpretation
  • Verbal Ability & Reading Comprehension

Top MBA Colleges in Gujarat Accepting CMAT Score

Common Management Admissions Test (CMAT) is an entrance test conducted by NTA (National Testing Agency) for admissions in MBA and PGDM courses. The exam carries 100 questions from Quantitative Aptitude and Data Interpretation, Logical Reasoning, Language Comprehension and General Awareness. Mostly, private MBA colleges like following accept CMAT scores:

  • Maharaja Sayajirao University of Baroda
  • MS Patel Institute of Management- FMS, Baroda
  • Gujarat University, Ahmedabad

Top MBA Colleges in Gujarat Through XAT 

Xavier Aptitude Test is another national level test conducted for admissions in top MBA colleges. Some of the colleges in Gujarat accepting XAT scores are:

  • Institute of Rural Management, Anand
  • Entrepreneurship Development Institute of India
  • Pandit Deendayal Petroleum University

Top MBA Colleges in Gujarat: Placement Wise

Placement, being the outcome of the MBA from any institution, is the most crucial part while selecting any college. Below chart shows the comparison of top MBA colleges in Gujarat according to placement:

Placement Wise Best MBA Colleges in Gujarat
  • Among all the top MBA colleges, IIM Ahmedabad is considered as the best MBA college in Gujarat according to placements offered. The highest offered package in the year 2019 is INR 70 lakhs.
  • About 123 firms participated with about 200 different roles including big firms like PwC, JP Morgan, HSBC, etc.
  • Institute of Rural Management, Anand maintains a 100% placement record for the last 40 years. Around 114 recruiters participated in the 2019 placements. 
  • Talking about the Institute of Management, Nirma University, a total of 85 companies visited for campus placement.

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:

  • IIM Ahmedabad
  • Institute of Management, Nirma University
  • ICFAI Business School
  • Ahmedabad University

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 of the organization. Therefore, HR is another top field to graduate in MBA. The top MBA colleges in Gujarat providing an MBA degree in HR are FMS Baroda and Institute of Management, Nirma University. 

Also Check,

Top MBA Colleges in Gujarat: FAQs

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

Ans. As per NIRF ranking and other ranking agencies, following are the top 3 MBA colleges in Gujarat are:

  1. Indian Institute of Management, Ahmedabad
  2. Institute of Rural Management, Anand
  3. Institute of Management, Nirma University

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

Ans. Indian Institute of Management, Ahmedabad is considered to be the best college for doing MBA in Gujarat. The IIM Ahmedabad is ranked Number 1 by the Ministry of Human Resources Development among all MBA colleges in India.

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. What is the fee structure for MBA in Gujarat?

Ans. If you want to do MBA from any public or private college of Gujarat, the fee structure for every college varies a lot. Broadly, the fee is anywhere in the range of INR 2-25 lakhs.

Ques. How to take admission in IIM Ahmedabad?

Ans. To take admission to the IIM, Ahmedabad, you need to first appear for CAT (Common Admission Test) organized by all IIMs and then you will be shortlisted for the further process which includes an analytical written test and personal interview.

Ques. What is the average package offered to MBA graduates from IIM Ahmedabad?

Ans. IIM Ahmedabad is one of the top MBA colleges in India that offers the average placement of INR 22,80,000 to its MBA graduates.

Ques. Which test scores are accepted by top MBA colleges in Gujarat?

Ans. Most of the public and private MBA colleges of Gujarat accept CAT scores. IIM Ahmedabad accepts only CAT scores. Other institutes like the Institute of Rural Management, Anand, Pandit Deendayal Petroleum University, etc. accept XAT scores as well.

Ques. What is the entrance exam held by Gujarat for admissions in MBA?

Ans. Gujarat conducts a state-level exam called the GCET (Gujarat Common Entrance Test) every year for admissions in MBA courses of various colleges.

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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N
8.5 /10

Campus Life :

This University had many extracurricular activities such as cultural, workshops, seminars, etc. Our campus mainly focused on the enjoyment of the students from a monotonous curriculum to extra co-curricular activities. We always took part in all the extracurricular activities because our faculty encourages us to do so. Labs, classrooms, etc were so much airy and environment friendly. We had the facility of free Wi-Fi on our campus so every student can use it for their research work.

Admission :

Application in this University is online. I took admission in MBA. I took admission in this course I had done BBA. No entrance exam related to this course. A student who possesses 60% can apply for this course. So, I filled form can and submitted online as per directions given on college website. After that, they called me for the counseling and verification of my documents. Lastly, I was an eligible candidate so I opted for course.

Placement Experience :

College gave such splendid job opportunities to the students. There were many vacancies in the government sector each year so that students can grab a job as per their eligibility. I had also got the same opportunity from college. I got a placement in a high profile company. Most of the seniors got placements in a highly reputed company and their package was also very high as per their jobs.

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M
8.3 /10

Admission :

I have taken admission in University online. I took admission in MBA in marketing course. For taking admission in this course you have to do Graduation i.e. BBA. There is no entrance exam related to this course. A student must have a certain score or above marks can take admission in this course. A student can fill-up the form and submit online. Thena student called out for the counseling and verification of the documents. Lastly, eligible candidates are admitted to the opted course.

Campus Life :

University has many extracurricular activities such as cultural, workshops, seminars, etc. Our campus also focuses on the enjoyment of the students from a monotonous curriculum to boost their confidence level. A student takes part in all the extracurricular activities because our faculty encourages us to do so. Labs, classrooms, etc are very airy. We have the facility of free Wi-Fi on our campus so every student can use it for their research work.

Placement Experience :

University gave such wide range of job opportunities to the students. There are many vacancies in the government sector and in the private sector each year so that students can grab a job as per their eligibility. I will also be placed soon in a company as I gave interview and I have all eligibilities for that job. Last year our most of the seniors got placements in a highly reputed company and their package was also very high as per their jobs.

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