Getting a Masters in Business Administration (MBA) degree is one of the most sought-after degrees today because of the ample job opportunities and a handsome salary package. An MBA course helps students in developing business acumen, leadership qualities, and organisational skills, which are essential to run a business or perform managerial duties in various business enterprises or organisations.
Although an MBA is one of the best degrees that you can have, it is also one of the most expensive degrees in India. An MBA from one of the top colleges in India costs anywhere between₹8 lakhs to ₹25 lakhs. However, if you get an MBA course from one of the best government MBA colleges in India, it might not be too much for your pocket. The government colleges for MBA in India are aided by the Government of India. So, the fees for these colleges is comparatively lower than some of the top private colleges.
But that does not mean that these government MBA colleges in India are not at par with the private colleges. Most of the top government MBA colleges in India are at par with private colleges when it comes to curriculum, infrastructure, faculty, pedagogy, and campus placements.
Some of the top government MBA colleges in India are IIMs, although their fees are on the higher side. Other top government colleges for MBA include the Department of Management Studies at IIT Madras, IIT Delhi, IIT Kharagpur, and IIT Bombay.
Let us understand the eligibility criteria for an MBA course and the best government MBA colleges in India.
Eligibility Criteria for an MBA Course
Here are the eligibility criteria for pursuing an MBA course in India:
- For doing an MBA degree, there is a requirement of a minimum 3-year Bachelor’s degree or any similar qualification with at least 50% aggregate marks.
- If the applicant belongs to the reserved category, they can apply for an MBA course with a minimum of 45% aggregate marks.
- Applicants who have completed any of the professional courses like CA, CMS, CS, etc., are also eligible for applying for an MBA degree.
- Working professionals who have a work experience of more than 2 or 3 years are also eligible to pursue an MBA degree.
Best Government MBA Colleges in India
Although the Indian Institute of Management(IIMs) are autonomous institutions; they are considered under the category of Government institutions because they are regulated and managed by a panel that is appointed by the Ministry of Education. Here are 10 of the top government MBA colleges in India according to the NIRF rankings:
| Top Government MBA Colleges in India | NIRF Rankings (2022) |
| Indian Institute of Management, Ahmedabad | 1 |
| Indian Institute of Management, Bangalore | 2 |
| Indian Institute of Management, Calcutta | 3 |
| IIT Delhi – Department of Management Studies | 4 |
| Indian Institute of Management Kozhikode | 5 |
| Indian Institute of Management, Lucknow | 6 |
| Indian Institute of Management, Indore | 7 |
| IIT Madras-Department of Management Studies | 10 |
| IIT Bombay-SJMOSOM | 11 |
| IIT Kharagpur-VGSOM | 12 |
Best Government MBA Colleges in India – Admission Process and Fees
Getting admission to the MBA course includes WAT(Written Admission Test), Group Discussion(GD), and PI (Personal Interview). Below is the list of the top government MBA colleges in India with their admission criteria and fee structure:
| Top MBA Colleges in India | Cut Off and Admission Criteria | MBA Fee |
| Indian Institute of Management Ahmedabad | 99 percentile CAT + WAT and PI | ₹23 lakhs |
| Indian Institute of Management Calcutta | 99 percentile CAT + WAT and PI | ₹23 lakhs |
| Indian Institute of Management Bangalore | 99 percentile CAT + WAT and PI | ₹23 lakhs |
| IIT Delhi – Department of Management Studies | 90 percentile CAT + GD, WAT and PI | ₹9.60 lakhs |
| Indian Institute of Management Kozhikode | 99 percentile CAT + WAT and PI | ₹19 lakhs |
| Indian Institute of Management Lucknow | 98-99 percentile CAT + WAT and PI | ₹19 lakhs |
| Indian Institute of Management Indore | 98-99 percentile CAT + WAT and PI | ₹17.07 lakhs |
| IIT Bombay-SJMOSOM | 90 percentile CAT + GD, WAT and PI | ₹8.67 lakhs |
| IIT Kharagpur-VGSOM | 90 percentile CAT + GD, WAT and PI | ₹10.30 lakhs |
| IIT Madras-Department of Management Studies | 90 percentile CAT + GD, WAT and PI | ₹6.91 lakhs |
MBA Entrance Exams
Here is the list of some of the most common entrance exams for MBA in India:
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CAT
The Common Admission Test is one of the top exams for entrance into MBA which is conducted by the IIMs. You can get admission to some of the top B-schools in India with the CAT exam.
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MAT
Management Aptitude Test is also a popular exam for entrance to an MBA course conducted by the AIMA(All India Management Association). With this exam, you can get into over 800 colleges for an MBA in India.
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GMAT
The Graduate Management Aptitude Test is a global entrance exam for MBA that is organised by the GMAC(Graduate Management Admission Council). The GMAT score is valid at some of the prominent B-schools in the country, including ISB Hyderabad and XLRI Jamshedpur.
Along with these, there are some other MBA entrance exams like CMAT(Common Management Aptitude Test), XAT(Xavier Admission Test), and AIMS Test for Management Admissions (ATMA) for getting admission to various government MBA colleges in India.
Conclusion
These are some of the best government colleges for an MBA in India. Getting into an MBA course at one of the top government colleges requires immense dedication, hard work, and knowledge. It is essential that you understand the admission process properly before you start your preparation for getting into one of the best government MBA colleges in India.
If you are looking for the right MBA course, leading higher education providers like Sunstone can help you. At Sunstone, you will be provided with industry-aligned training models. An MBA degree with Sunstone’s benefits is available at more than 50 campuses all over India. Also, you will also get 100% placement support.
People Also Ask
1. What is the admission process for Government MBA colleges?
Common Admission Test(CAT) is one of the most widely accepted exams for entry into the IIMs and top B-schools in India. After you are selected as per your CAT score, the further rounds of assessment include WAT(Writing Ability Test), GD(Group Discussion), and a PI(Personal Interview). Some of the government colleges in India also accept MAT.
2. What are the advantages of studying in a Government MBA college?
Some of the top advantages of studying at one of the top government MBA colleges in India include an affordable structure of fees, good exposure, and great placements. You can choose the right government colleges according to your requirements and get an MBA degree.
3. Which is the best Government College for MBA in India?
Some of the best government MBA colleges in India are IIM Bangalore, IIM Ahmedabad, IIM Kozhikode, and the Dept. of Management Studies at IIT Delhi, IIT Bombay, etc.