All India Council for Technical Education (AICTE) is a national-level Apex Statutory body set up by the Indian parliament in 1987. AICTE is responsible for the management and development of technical education in India.
AICTE accredits and regulates technical education institutions, including those offering MBA and management programs. AICTE’s approval is critical because it adds credibility and recognition to your program. It also guarantees quality education, ensures industry-relevant curriculum, and helps students develop holistic skills.
If you are searching for AICTE accredited institutions for your MBA program, this blog is specially written for you. In this blog we have listed top AICTE approved MBA programs.
Along with the list of AICTE approved MBA colleges, you will also get other key details such as – specializations, average placement package, NIRF ranking, and total fees.
Top 30 AICTE Accredited MBA Colleges in India
Sr. No | College Name | Specializations | Average Placement Package | NIRF Ranking | Total Feess |
1. | IIM Bangalore - Indian Institute of Management, Bangalore | - Decision Sciences
- Economics
- Entrepreneurship
- Finance and Accounting
- Information Systems
- Marketing
- Organizational Behaviour & Human Resources Management
- Production and Operations Management
- Public Policy
- Strategy
| Rs 35,00,000/- | 2nd | Rs 24,00,000 |
2. | Dr. D. Y. Patil B-School, Pune | - Finance
- Marketing
- Human Resources
- Operations Management
- Information Technology Management
| Rs 4,23,000/- | 5th | Rs 9,00,000/- |
3. | Amity University, Noida | - Business Analytics
- Data Science
- Digital Entrepreneurship
- Retail Management
- Hospitality Management
- Digital Marketing Management
- Entrepreneurship and Leadership Management
- Finance and Accounting Management
- Human Resource Management
- Human Resources Analytics
- Information Technology Management
- Insurance Management
- International Business Management
- International Finance(ACCA)
- Global Finance Market
- Petroleum and Natural Gas Management
- Marketing & Sales Management
- Production and Operations Management
| Rs 6,70,000/- | 29th | Rs 6,00,000/- |
4. | SP Jain [SPJIMR], Mumbai | - Finance
- Information Management
- Analytics
- Marketing
- Operations
- Business Analytics
- General Management
- Supply Chain
| Rs 33,00,000/- | 20th | Rs 24,00,000/- |
5. | Indira Gandhi National Open University (IGNOU), Delhi | - MBA Specialization
- Finance Management
- Supply Chain Management
- Hospital Management
- Project Management
- Business Analytics
- International Trade Management
- Human Resource Management (HRM)
- Rural Management
- Information Technology
- Operations Management
| Rs 5,00,000/- | 1st | Rs 62,000/- |
6. | Narsee Monjee Institute of Management Studies - [NMIMS University], Bangalore | - Finance
- Marketing
- Operations
- HR
- Analytics
| Rs 15,00,000/- | 21st | Rs 21,00,000/- |
7. | Xavier School of Management (XLRI), Jamshedpur | - Human resource management
- Business management
| Rs 27,00,000/- | 9th | Rs 30,00,000/- |
8. | IIM Mumbai - Indian Institute of Management, Mumbai | - Operations and Supply Chain Management
- Sustainability Management
- Human Resource Management
- Finance Management
- Rural Management
- Agri-Business Management
- Health Care Management
| Rs 40,00,000/- | 6th | Rs 14,00,000/- |
9. | Department of Management Studies, IIT Madras - [DoMS IIT Madras], Chennai | - Security Analysis and Portfolio Management
- Strategic Financial Decision Making
- Corporate Hedging strategies
- Treasury Management
- Strategic Cost Management
- Infrastructure Finance
- Derivatives and Risk Management
- Working Capital Management
- Financial Risk Management
| Rs 17,00,000/- | 16th | Rs 17,00,000/- |
10. | Symbiosis Institute of Business Management - [SIBM], Pune | - Marketing Management
- Human Resource Management
- Finance Management
- Operations
- Supply Chain Management
- Data Analytics
| Rs 28,00,000/- | 13th | Rs 17,50,000/- |
11. | IMT - Institute of Management Technology, Ghaziabad | - Supply Chain
- Finance Management
- Operations Management
- Data Analytics
- Marketing Management
- Human Resource Management
| Rs 17,35,000/- | 35th | Rs 20,50,000/- |
12. | Manipal University (Deemed to be University), Karnataka | - Finance Management
- Business Analytics
- Data Science
- Quality Management
- Operations Management
- Data Analytics
- Marketing Management
- Human Resource Management
| Rs 12,60,000/- | 14th | Rs 16,50,000/- |
13. | MICA Ahmedabad, Ahmedabad | - Strategic Brand Management (SBM)
- Media-Tech Entertainment and Sports Management
- Data Science and Business Analytics
- Digital Communications Management
- Sales and Customer Relationship Management
- Business Management
- Global Communication and Public Relations Management
| Rs 20,00,000/- | 32nd | Rs 25,50,000/- |
14. | Shoolini University of Biotechnology and Management Sciences, Himachal Pradesh | - Marketing, Finance
- Human Resource Management
- Digital, Biotechnology, Pharmaceutical & Healthcare Management,
- Rural Management,
- International Business Analytics
| Rs 16,00,000/- | 96th | Rs 9,40,000/- |
15. | Chandigarh University - [CU], Chandigarh | - Business Analytics
- Entrepreneurship
- Finance Management
- Healthcare & Hospital Management
- International Business
- Logistics & Supply Chain Management
- Marketing Management
- Pharmaceutical Management
- Tourism, Hospitality, and Aviation
| Rs 10,00,000/- | 27th | Rs 7,00,000/- |
16. | Institute of Rural Management - [IRMA], Gujarat | - Marketing Management
- Human Resource Management
- FinanceManagementt
- Operations
- Supply Chain Management
- Data Analytics
| Rs 14,50,000/- | 49th | Rs 13,60,000/- |
17. | MIT World Peace University (MIT-WPU, Pune | - Marketing Management
- Corporate Social Responsibility
- Financial Management
- Digital Marketing
- Operations and Supply Chain Management
- International Business Management
- Human Resources Management
- Innovation Management
| Rs 7,00,000/- | 17th | Rs 16,40,000/- |
18. | Lovely Professional University, Jalandhar, Punjab | - Business Analytics with IBM
- Product Management with Spice Catalyst
- Digital Marketing
- HR with the Society for Human Resource Management
- Financial Consulting and FinTech with KPMG
- Financial Markets with NSE
| Rs 10,00,000/- | 38th | Rs 10,00,000/- |
19. | University Business School, Panjab University - [UBS], Chandigarh | - General MBA
- International Business
- Human Resource Management
- Entrepreneurship and Executive MBA.
| Rs 11,00,000/- | 25th | Rs 3,00,000/- |
20. | Taxila Business School - [TBS], Jaipur | - Neuromarketing
- Consultancy
- Financial Management
- International Business Management
- Marketing Management
- Human Resource Development
- Operations Management
- Entrepreneurship
| Rs 11,50,000/- | 75th | Rs 9,50,000/- |
21. | Birla Institute of Management Technology - [BIMTECH], Greater Noida | - Finance Management
- Business Analytics
- Data Science
- Quality Management
- Operations Management
- Data Analytics
- Marketing Management
- Human Resource Management
| Rs 11,50,000/- | 64th | Rs 6,00,000/- |
22. | Delhi University - School of Open Learning (DU SOL) | - Economics and Public Policy
- Entrepreneurship
- Finance
- Information Technology Management
- Marketing
- Operations Management and Decision Sciences
- Organizational Behaviour and Human Resource Management
- Strategic Management
| Rs 8,00,000/- | 7th | Rs 20,00,000/- |
23. | Management Development Institute - [MDI], Murshidabad | - Finance Management
- Human Resource Management
- Marketing Management
| Rs 11,00,000/- | 13th | Rs 11,60,000/- |
24. | Uttaranchal University, Dehradun, Uttaranchal | - Marketing Management
- Human Resources Management
- Business Analytics Management
- Financial Management
- International Business Management
- Information Technology Management
- Logistic and Supply Chain Management
| Rs 4,00,000/- | 150th | Rs 80,000/- |
25. | Jamia Millia Islamia University-[JMI], New Delhi | - Healthcare and Hospital Management
- Pharmaceutical Management
- International Business
- Entrepreneurship & Family Business
- Executive MBA
| Rs 9,00,000/- | 3rd | Rs 3,00,000/- |
26. | Vivekananda Global University (VGU), Jaipur, Rajasthan | - Marketing Management
- Human Resource Management
- Finance Management
- Operations
- Supply Chain Management
- Data Analytics
| Rs 6,00,000/- | 151st | Rs 2,50,000/- |
27. | Jagan Institute of Management Studies - [JIMS] Rohini, New Delhi | - Finance Management
- Human Resource Management
- Marketing Management
| Rs 8,30,000/- | 87th | Rs 1,30,000/- |
28. | Balaji Institute of International Business - [BIIB], Pune | - International Business
- Marketing Management
- Finance Management
- Digital & Business Transformation Management
| Rs 7,80,000/- | 79th | Rs 12,50,000/- |
29. | Kalinga Institute of Industrial Technology - [KIIT], Bhubaneswar | - Business Analytics Management
- Human Resource Management
- Marketing Management
- Finance Management
- Operations and Supply Chain Management
- IT and Telecom Management
| Rs 6,50,000/- | 68th | Rs 12,90,000/- |
30. | Institute of Management Technology - [IMT], Nagpur | - Finance Management
- Marketing Management
- Human Resources Management
- Information & Technology Management
- Operations Management
- Economics and General Management
| Rs 11,50,000/- | 33th | Rs 15,00,000/- |
How to Apply to AICTE Approved MBA Colleges
To secure admission to these colleges, follow these steps:
1. Entrance Exams: Appear for national-level exams such as CAT, XAT, MAT, or CMAT.
2. Meet Eligibility Criteria: Most colleges require a bachelor’s degree with a minimum of 50% marks. For students who belong to the reserved category (SC/ ST), 45% is more than enough.
3. Application Process: Visit the official admission page of the college if you want to get admission. Upload the necessary documents, pay the fees, and wait for the university’s final confirmation.
4. Prepare for GD & PI: Many colleges conduct group discussions and personal interviews for final selection.
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Frequently Asked Questions (FAQs)
Q: Is AICTE approval mandatory for an MBA?
A: Yes, AICTE approval is mandatory for MBA programs in technical institutions but not for universities established by an Act of Parliament or State Legislature.
Q: How many AICTE-approved colleges are there in India?
A: The number of AICTE-approved institutions varies annually; refer to the AICTE website for the latest data. Currently (Dec 2024), there are around 4000 institutions approved by AICTE.
Q: Is online MBA AICTE approved?
A: Some online MBA programs are AICTE-approved; verify each program's accreditation status individually before applying for admission.
Q: Is IGNOU MBA AICTE approved?
A: Yes, IGNOU's MBA program is AICTE-approved.
Q: How do I know if my course is approved by AICTE?
A: Check the AICTE official website or contact the institution directly to confirm a course's AICTE approval status.
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