Best MBA Colleges in Gujarat with High ROI 2026 (List)
The best MBA College in Gujarat with high Return On Investment (ROI) is IIM Ahmedabad - Indian Institute of Management.
Key Highlights of Best MBA Colleges in Gujarat (List) 2026
Return on Investment (ROI) is the aspect which shows how much profit or benefit you will get from pursuing MBA. In Simple words ROI is the comparison between fees vs salary. The ROI is calculated by dividing the fees they pay with the placement they get in the final year.
Gujarat is the best destination for MBA where students get the best ROI. Gujarat has many colleges which give the best placement packages.
Find below the key highlights of the best MBA
| Particulars | Details |
|---|---|
| No. of Colleges | The Total No.of Colleges in Gujarat is 142+ |
| Total MBA/PGDM Fees | Starting range - Ending range (50,000 - 25,00,000) |
| Top MBA Specializations | Finance, Sales & Marketing, Human Resource, Business Analytics, etc. |
| Accepted Management Entrance Exams | CAT, MAT, XAT, CMAT, MAH CET, etc. |
- Top MBA
- Top MBA colleges in Gujarat primarily admit students through management entrance exams like CAT, MAT, XAT, NMAT, CMAT and GMAT.
- The average annual fees for MBA/PGDM programs at top MBA colleges in Gujarat range from INR 50,000 to INR 30,00,000, depending on the institution.
- Some of the best MBA colleges in Gujarat with low fees include
- The average packages for MBA/PGDM programs at top MBA colleges in Gujarat range from INR 50,000 to INR 30,00,000 depending on the institution.
List of 5 Best MBA Colleges in Gujarat with Good ROI
In Gujarat there are hundreds of MBA colleges. Here, we have curated the list of the Best B-schools with good ROI which you can aim for, if you are looking for top MBA colleges in Gujarat.
Refer to the table below to know the best MBA fees in Gujarat and average placement package:
| Institute Name | Total Tuition Fees | Average Package |
|---|---|---|
| IIM Ahmedabad - Indian Institute of Management | ₹12 - 25 Lakhs | ₹20 - 31.5 Lakhs Per Annum |
| MICA | ₹23 Lakhs | ₹19 Lakhs Per Annum |
| Institute of Rural Management, Anand | ₹13.6 Lakhs | ₹15 Lakhs Per Annum |
| Parul University | ₹3.84 - 6.48 Lakhs | ₹3.49 - 4.5 Lakhs Per Annum |
| MSU - The Maharaja Sayajirao University of Baroda | ₹1.27 Lakhs | ₹3 Lakhs Per Annum |
IIM Ahmedabad - Indian Institute of Management
IIM Ahmedabad - Indian Institute of Management was founded in 1961. IIM Ahmedabad - Indian Institute of Management is one of the most reputed MBA colleges in Gujarat. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹20 - 31.5 Lakhs Per Annum and the fees for MBA is ₹12 - 25 Lakhs.
IIM Ahmedabad - Indian Institute of Management accepts various MBA entrance exams like CAT,
- Fees: ₹12 - 25 Lakhs
- Average Package: ₹20 - 31.5 Lakhs Per Annum
- Highest Package: INR 1.46 crore per annum
- Ownership type: Government
MICA
MICA was founded in 1991. MICA is one of the most reputed MBA colleges in Gujarat. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹19 Lakhs Per Annum and the fees for MBA is ₹23 Lakhs.
MICA accepts various MBA entrance exams like CAT, XAT, MICAT,
- Fees: ₹23 Lakhs
- Average Package: ₹19 Lakhs Per Annum
- Highest Package: INR 36 Lakhs Per Annum
- Ownership type: Private
Institute of Rural Management, Anand
Institute of Rural Management, Anand was founded in . Institute of Rural Management, Anand is one of the most reputed MBA colleges in Gujarat. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹15 Lakhs Per Annum and the fees for MBA is ₹13.6 Lakhs.
Institute of Rural Management, Anand accepts various MBA entrance exams like CAT, CMAT, XAT,
- Fees: ₹13.6 Lakhs
- Average Package: ₹15 Lakhs Per Annum
- Highest Package: INR 24.42 Lakhs Per Annum
- Ownership type: Private
Parul University
Parul University was founded in . Parul University is one of the most reputed MBA colleges in Gujarat. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹3.49 - 4.5 Lakhs Per Annum and the fees for MBA is ₹3.84 - 6.48 Lakhs.
Parul University accepts various MBA entrance exams like CBSE 12th, ISC, GSEB HSC,
- Fees: ₹3.84 - 6.48 Lakhs
- Average Package: ₹3.49 - 4.5 Lakhs Per Annum
- Highest Package: INR 29 Lakhs Per Annum
- Ownership type: Private
MSU - The Maharaja Sayajirao University of Baroda
MSU - The Maharaja Sayajirao University of Baroda was founded in 1881. MSU - The Maharaja Sayajirao University of Baroda is one of the most reputed MBA colleges in Gujarat. It is consistently ranked among the top 10 premier B-schools in the country.
The average package offered is ₹3 Lakhs Per Annum and the fees for MBA is ₹1.27 Lakhs.
MSU - The Maharaja Sayajirao University of Baroda accepts various MBA entrance exams like
- Fees: ₹1.27 Lakhs
- Average Package: ₹3 Lakhs Per Annum
- Highest Package: INR 4 LP
- Ownership type: Government
Comparison of Top 5 MBA Colleges In Gujarat with Good ROI
| Top MBA College Name | Duration of the Program | NIRF Ranking | Total MBA Program Fees (INR) | Average Salary after MBA (INR) |
|---|---|---|---|---|
| IIM Ahmedabad - Indian Institute of Management | 2-Year | #1 NIRF | ₹12 - 25 Lakhs | ₹20 - 31.5 Lakhs Per Annum |
| MICA | 2-Year | #32 NIRF | ₹23 Lakhs | ₹19 Lakhs Per Annum |
| Institute of Rural Management, Anand | 2-Year | #49 NIRF | ₹13.6 Lakhs | ₹15 Lakhs Per Annum |
| Parul University | 2-Year | ₹3.84 - 6.48 Lakhs | ₹3.49 - 4.5 Lakhs Per Annum | |
| MSU - The Maharaja Sayajirao University of Baroda | 2-Year | #21 Outlook | ₹1.27 Lakhs | ₹3 Lakhs Per Annum |
| Gujarat University | 2-Year | #99 NIRF | ₹80 Thousand - 2.8 Lakhs | ₹8.55 Lakhs Per Annum |
| Shanti Business School | 2-Year | Top 25 in Gujarat | ₹6.8 Lakhs | ₹6.75 Lakhs Per Annum |
| Entrepreneurship Development Institute of India | 2-Year | Top 25 in Gujarat | ₹4.05 - 10.98 Lakhs | ₹7.5 Lakhs Per Annum |
| Narayana Business School | 2-Year | Top 25 in Gujarat | ₹7.95 - 10.85 Lakhs | ₹8.2 Lakhs Per Annum |
| Institute of Management, Nirma University | 2-Year | #36 Business Today | ₹8.64 - 19.65 Lakhs | ₹3.6 Lakhs Per Annum |
This article will discuss about more Management institutes in Gujarat with good ROI or MBA colleges in Gujarat with Good ROI-
- Best MBA Colleges in Gujarat with NIRF Ranking 2024
- List of MBA Colleges in Gujarat with Good ROI
- What is the Fee for Top B-Schools in Gujarat?
- What Are the Placement Highlights of MBA Colleges in Gujarat?
- What are the Eligibility Criteria for the best MBA Colleges in Gujarat?
- What Is the Admission Process for Best MBA Colleges in Gujarat?
- Find CAT Coaching Institute in Gujarat
Best MBA Colleges in Gujarat with NIRF Ranking 2025
The top MBA colleges in Gujarat are ranked by the National Institutional Ranking Framework (NIRF) for 2024. Each year, NIRF analyzes institutions based on key parameters such as infrastructure, placements, and faculty, with rankings reflecting annual performance changes.
The below table shows the Gujarat Management institutes along with NIRF ranking of 2024 and 2023:
| College Names | NIRF 2024 | NIRF 2023 |
|---|---|---|
| IIM Ahmedabad - Indian Institute of Management | N/A | #1 NIRF |
| MICA | N/A | #32 NIRF |
| Institute of Rural Management, Anand | N/A | #49 NIRF |
| Parul University | N/A | |
| MSU - The Maharaja Sayajirao University of Baroda | N/A | #21 Outlook |
What is the Fee for Top B-Schools in gujarat?
The management institutes in gujarat are cost-effective and offer excellent placement opportunities to their students.
Below is a list of top B-Schools in gujarat along with their fee structure and NIRF ranking for 2023:
| B-Schools | Total Program fee | NIRF Ranking(2023) |
|---|---|---|
| IIM Ahmedabad - Indian Institute of Management | ₹12 - 25 L | #1 NIRF |
| MICA | ₹23 L | #32 NIRF |
| Institute of Rural Management, Anand | ₹13.6 L | #49 NIRF |
| Parul University | ₹3.84 - 6.48 L | |
| MSU - The Maharaja Sayajirao University of Baroda | ₹1.27 L | #21 Outlook |
| Gujarat University | ₹80 K - 2.8 L | #99 NIRF |
| Shanti Business School | ₹6.8 L | Top 25 in Gujarat |
| Entrepreneurship Development Institute of India | ₹4.05 - 10.98 L | Top 25 in Gujarat |
The total tuition fee for the IIM Ahmedabad - Indian Institute of Management MBA Program is ₹12 - 25 L. among the top 100 MBA/PGDM colleges in India in NIRF.
MICA is ranked 2nd in the Management category by NIRF, and its MBA program fee is INR 10.50 L.
The total tuition fee for the MBA/PGDM program of the Institute of Management, Institute of Rural Management, Anand is ₹13.6 L.
What Are the Placement Highlights of MBA Colleges in gujarat?
The top MBA colleges in gujarat boast impressive placement records.
IIM Ahmedabad - Indian Institute of Management had an average package of ₹20 - 31.5 LPA and the highest package of INR 1.46 crore per annum.
Which MBA College Offers the Highest Salary Packages in gujarat?
- IIM Ahmedabad - Indian Institute of Management - INR 1.46 crore per annum
- MICA - INR 36 LPA
- Institute of Rural Management, Anand - INR 24.42 LPA
- Parul University - INR 29 LPA
- MSU - The Maharaja Sayajirao University of Baroda - INR 4 LP
- Gujarat University - N/A
- Shanti Business School - INR 16.12 LPA
Average Salaries for MBA Graduates in gujarat
- IIM Ahmedabad - Indian Institute of Management - ₹20 - 31.5 LPA
- MICA - ₹19 LPA
- Institute of Rural Management, Anand - ₹15 LPA
- Parul University - ₹3.49 - 4.5 LPA
- MSU - The Maharaja Sayajirao University of Baroda - ₹3 LPA
- Gujarat University - ₹8.55 LPA
- Shanti Business School - ₹6.75 LPA
What are the Eligibility Criteria for the best MBA Colleges in gujarat?
To get admission into the Top MBA institutes in gujarat the candidates must meet the eligibility criteria given below -
- Bachelor's Degree: The candidates must have a bachelor's degree from a reputable institution with a minimum of 50% Marks.
- Reservations: Candidates with reservations should have an overall qualifying score of at least 45%.
- Final-Year Students: The final-year students can also apply for admission but must be able to submit the completion certificate within the mentioned time.
- Preference for Experienced Candidates: Experienced candidates are given preference throughout the MBA selection process in the top B-Schools in gujarat.
What Is the Admission Process for Best MBA Colleges in gujarat?
The MBA admission process starts with the registration of Management entrance exams for MBA Colleges in gujarat.
- The first step in the admission process for MBA Colleges in gujarat is the MBA entrance test registration such as CAT, XAT, CMAT, MAT, and others.
- The second step is to apply for MBA/PGDM admission to the top institutions in gujarat.
- The third step is to review the eligibility requirements of the best management institutes in gujarat.
- Finally, after selecting the best universities, review the cutoff list and prepare for GD and PI.
- The final step will be to pay the fee.
