Top 10 MBA Colleges After CAT 2023 Every Student Should Aim For

One of the most coveted entry tests for management programmes is the Common Admission Test (CAT). On November 27, 2.2 lakh students (more than 86% of the registered applicants) took the IIM Bangalore's CAT 2023 exam.

In general, the IIMs spring to mind while discussing the best MBA programmes in India. The situation has altered over time, and many additional MBA programmes are now included on the list of top MBA programmes in India for 2023. The Indian Institutes of Management (IIMs), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and numerous other institutions are among the best MBA colleges in India.

Numerous prestigious MBA colleges in India provide MBA programmes with a variety of well-liked, specialized, and growing specialties. These institutions are renowned for their curricula, facilities, pedagogy, faculty, worldwide exposure, and successful placement rates. These universities accept a variety of MBA entrance scores for admission, including the CAT, MAT, XAT, CMAT, and GMAT.

Why choose MBA?

The majority of students choose MBA as one of the most popular courses today since it provides a wide variety of professional opportunities, a high pay, and other benefits. For the same, it's crucial to earn an MBA from a reputable institution with a strong placement track record. IIMs are not accessible to every student, though.

IIM cutoffs (95-100 percentile) and IIM fees are too expensive for some people (INR 13 to 23 lakh per annum). Therefore, it's critical to not rule out MBA admissions. There are many choices open to people whose CAT scores fall short of the IIM cut off.

Top MBA Colleges in India

Here’s the list of all the IIMs with their number of seats and the examination fees:

CAT colleges

Number of Seats

Programmes Fee (in Rs.)

IIM Ahmedabad

385

Rs. 25 lakh

IIM Bangalore

412

Rs. 23 lakh

IIM Calcutta

462

Rs. 27 lakh

IIM Lucknow

436

Rs. 14.16 lakh

IIM Kozhikode

375

Rs. 19 lakh

IIM Indore

451

Rs. 16 lakh

IIM Trichy

180

Rs. 23.6 lakh

IIM Amritsar

60

Rs. 12 lakh

IIM Rohtak

240

Rs. 15.8 lakh

IIM Bodhgaya

60

Rs. 8.85 lakh

IIM Sambalpur

160

Rs. 10 lakh

IIM Sirmaur

60

Rs. 10.34 lakh

IIM Jammu

45

Rs. 11.5 lakh

IIM Ranchi

· PGDM-120

· PGD HRM-48

Rs. 15 lakh

IIM Raipur

210

Rs. 14.20 lakh

IIM Kashipur

210

Rs. 13.15 lakh

IIM Shillong

120

Rs. 19 lakh

IIM Udaipur

180

Rs. 13.25 lakh

IIM Nagpur

126

Rs. 12.10 lakh

IIM Visakhapatnam

60

Rs. 12 lakh

Top IIMs Accepting CAT Cutoff (Between 90-100%)

IIMs are the top MBA schools that accept the CAT score because they solely offer MBA admission through the CAT. There are currently 20 IIMs, and for admission in 2023, all IIMs will accept only the CAT 2022 score. The sectional and total CAT score cut offs for each IIM are in the 80 to 98 percentile range. The top IIMs' fees, placements, and other information are shown below.

Institute Name

Fee (Rs. in lakhs)

Average salary (Rs. in lakhs)

Indian Institute of Management (IIM) Ahmedabad

23

25.83

Indian Institute of Management (IIM) Calcutta

22.50

29

Indian Institute of Management (IIM) Bangalore

23.20

24.54

Indian Institute of Management, Lucknow

19.25

26

Indian Institute of Management (IIM) Indore

16.50

23.60

Indian Institute of Management (IIM) Kozhikode

19

22.50

Top MBA Colleges Accepting CAT Cutoff (Between 90-100%)

Among the MBA colleges accepting CAT scores, there are highly regarded and internationally approved MBA/PGDM colleges in addition to the IIMs. A few of the well-known MBA schools, with the exception of IIMs, that will accept CAT 2022 scores with a percentile of 90 or higher for MBA admission in 2023 are:

MBA College

MBA Fee (Rs. in Lakhs)

Average salary in Placement (Rs. in Lakhs)

SPJIMR, Mumbai

20.42

32.05

MDI Gurgaon

23.47

26.65

FMS New Delhi

1.92

32.40

IMI New Delhi

21.37

15.23

IMT Ghaziabad

19.53

15.28

DMS IIT Delhi

9.60

21.90

SJMSOM IIT Bombay

10.08

25.93

Top MBA Colleges Accepting CAT Cutoff (Between 80-90%)

Top MBA colleges in India that accept CAT scores of 80 percentile or more are highly regarded and accredited internationally. The following list includes their admission standing.

B-School

Programme Fee (Rs.in Lakhs)

Average Placement (Rs.in lakhs)

MICA Ahmedabad

21

19.01

NITIE Mumbai

12.58

19.95

Xavier University Bhubaneswar

21.30

17.54

Great Lakes Chennai

17.15

12.50

TAPMI Manipal

16.00

11.20

JAGSOM Bangalore

14.90

10.21

IIM Kashipur MBA Analytics

15.42

--

GIM Goa

17.21

12.14

BITS School of Management - BITSOM

21.62

--

IRMA Anand

16.15

14.33

FORE School of Management New Delhi

16.98

14.04

BIM Tiruchirappalli

12.14

10.60

K J Somaiya Institute of Management Mumbai

19.95

10.95

LBSIM New Delhi

13.90

11.30

Welingkar Mumbai

12.89

9.2

NIRMA University

9.52

9.00

Birla Institute of Technology and Science (BITS) Pilani

9.00

--

SDA Bocconi Asia Center

18.6

13.74

Top MBA Colleges Accepting CAT Cutoff (Between 70-80%)

Many MBA schools that accept CAT percentiles between 70 and 80 give the applicant's profile more consideration than just the CAT exam score. They are reputable MBA schools with reliable placements. The following is a list of some of the top MBA schools:

B-School

Programme Fee (Rs.in Lakhs)

Average Placement (Rs.in lakhs)

Great Lakes Institute of Management Gurgaon

17.15

12.50

IMT Nagpur

12.12

9.98

BIMTECH Greater Noida

13.00

9.38

SDMIMD Mysore

11.40

8.90

IMT Hyderabad

12.03

9.58

SOIL Institute of Management

12.90

10

IFMR Graduate School of Business at KREA University

14.56

10

MDI Murshidabad

12.19

10.5

LIBA Chennai

15.38

9

Sri Balaji University Pune

9.40

7.25

NIA Pune: National Insurance Academy

9.43

12.50

IMI Kolkata: International Management Institute

11.5

10.01

MIME Bangalore

9.25

10.65

Dayananda Sagar Business School Bangalore

9.10

9.20

Rajagiri Business School

6.00

7.90

Institute of Management Technology Nagpur

12.12

7.98

BIIB Pune

7.85

--

XIME Bangalore

11

7.73

Indus Business Academy - IBA Bangalore

8.51

6.92

KIIT School of Management Bhubaneswar

14.90

8.80

IBS Hyderabad: ICFAI Business School

16.02

7.59

SIES College of Management Studies and SIES School of Business Studies , Navi Mumbai

9

7.28

Welingkar Bangalore

13

7.91

Alliance School of Business

14

8

ISBM Pune

11.8

8.8

Jaipuria Institute of Management Lucknow

10.45

6.73

IMI Bhubaneswar

8.07

--

VIT Business School (VIT) Vellore

7.02

6.05

Amrita School of Business Coimbatore

12.6

6.68

MBA Admission: Key Highlights

The following considerations must be made before applying to any MBA institute:

Cut off percentile: Each institute chooses applicants based on the CAT (or other MBA entrance exam) cut off percentiles established for that specific year. Only submit an application if you have the requisite score, after checking the "minimum cut off percentile required" of your chosen institutions. If you apply but don't meet the requirements, your application will be turned down.

Admission procedure: The admission procedure often entails group discussions, individual interviews, and the screening of applicants based on minimum requirements. The applicants must go through each institute's admissions procedure and appear in person for the group discussion and personal interview.

Course cost: The MBA/PGDM degree is a pricey programme. Therefore, you need to determine whether you can finance the course at a specific institute. Since the course fees at government and government-aided institutions are lower, students from financially disadvantaged backgrounds should consider attending government institutions like FMS, Delhi or the Delhi School of Economics. Meritorious students might receive scholarships and loan aid from private institutions.

Faculty and pedagogy: During the two years of your MBA/PGDM degree, it is crucial that you receive the greatest instruction and training possible. Before choosing a business school, look into colleges' reputations, speak to alumni, and learn more about the professors.

Placements: A successful career launch is the ultimate goal of having an MBA degree. Thus, campus placement is essential. Verify the college's history of placements at that institution. Read up on the companies that come to school, the pay scales that are offered, and have the data verified by alumni.

Infrastructure: A student's overall growth depends greatly on the institute's infrastructure. A successful manager can be created through theory classes, real-world experiences, and extracurricular activities like sports, public speaking, painting, etc.

Conclusion

According to the Top 10 MBA Colleges in India ranking, IIMs continue to be India's top business schools, followed by FMS and XLRI. MBA schools like XLRI, SPJIMR, MDI, and NMIMS continue to hold the top spot on the list. These colleges all have excellent placement rates, and overall performance has improved greatly.

Every student aspires to attend one of the Top 10 MBA colleges in India, which are not only well-known but also encompass a variety of factors, including faculty, job placement, and return on investment (ROI), among others. As a result, always use the most reliable MBA rankings company. Make intelligent selections and seek advice from numerous rating agencies rather than just one if you want to advance your career.

Frequently Asked Questions (FAQs)

Q1. Which colleges accept a lower CAT score?

Ans. Here we’ve provided a list of colleges who accept a lower CAT score in the examination.

Q2. Is 70% good in CAT Examination?

Ans. Yes, you can score many good colleges with 70-80% in your CAT Examination.

Q3. Which subject carries the least amount of Mathematics?

Ans. There are also fields like global management and human resource management that use mathematics less frequently.