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Best MBA Colleges in Shimla with High ROI 2026 (List)

The best MBA College in Shimla with high Return On Investment (ROI) is HPU Business School, Himachal Pradesh University.

Key Highlights of Best MBA Colleges in Shimla (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.

Shimla is the best destination for MBA where students get the best ROI. Shimla 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 Shimla is 5+
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 Shimla 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 Shimla range from INR 50,000 to INR 30,00,000, depending on the institution.
  • Some of the best MBA colleges in Shimla with low fees include
  • The average packages for MBA/PGDM programs at top MBA colleges in Shimla range from INR 50,000 to INR 30,00,000 depending on the institution.

List of 5 Best MBA Colleges in Shimla with Good ROI

In Shimla 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 Shimla.

Refer to the table below to know the best MBA fees in Shimla and average placement package:

Institute Name Total Tuition Fees Average Package
HPU Business School, Himachal Pradesh University ₹4.8 Thousand ₹2 Lakhs Per Annum
Himachal Pradesh University ₹4.8 Thousand - 1.4 Lakhs ₹2 Lakhs Per Annum
HP Institute of Management Studies (HPIMS Shimla) 4.5
Alakh Prakash Goyal Shimla University ₹3.4 - 3.6 Lakhs ₹2.8 - 6 Lakhs Per Annum
BIMT - Bells Institute of Management & Technology
HPU Business School, Himachal Pradesh University Campus Image

HPU Business School, Himachal Pradesh University

HPU Business School, Himachal Pradesh University was founded in . HPU Business School, Himachal Pradesh University is one of the most reputed MBA colleges in Shimla. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is ₹2 Lakhs Per Annum and the fees for MBA is ₹4.8 Thousand.

HPU Business School, Himachal Pradesh University accepts various MBA entrance exams like HPU MAT,

  • Fees: ₹4.8 Thousand
  • Average Package: ₹2 Lakhs Per Annum
  • Highest Package:
  • Ownership type: Government
Himachal Pradesh University Campus Image

Himachal Pradesh University

Himachal Pradesh University was founded in . Himachal Pradesh University is one of the most reputed MBA colleges in Shimla. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is ₹2 Lakhs Per Annum and the fees for MBA is ₹4.8 Thousand - 1.4 Lakhs.

Himachal Pradesh University accepts various MBA entrance exams like

  • Fees: ₹4.8 Thousand - 1.4 Lakhs
  • Average Package: ₹2 Lakhs Per Annum
  • Highest Package:
  • Ownership type: Government
HP Institute of Management Studies (HPIMS Shimla) Campus Image

HP Institute of Management Studies (HPIMS Shimla)

HP Institute of Management Studies (HPIMS Shimla) was founded in . HP Institute of Management Studies (HPIMS Shimla) is one of the most reputed MBA colleges in Shimla. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is 4.5 and the fees for MBA is .

HP Institute of Management Studies (HPIMS Shimla) accepts various MBA entrance exams like

  • Fees:
  • Average Package: 4.5
  • Highest Package:
  • Ownership type: Government
Alakh Prakash Goyal Shimla University Campus Image

Alakh Prakash Goyal Shimla University

Alakh Prakash Goyal Shimla University was founded in 2012. Alakh Prakash Goyal Shimla University is one of the most reputed MBA colleges in Shimla. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is ₹2.8 - 6 Lakhs Per Annum and the fees for MBA is ₹3.4 - 3.6 Lakhs.

Alakh Prakash Goyal Shimla University accepts various MBA entrance exams like CAT, MAT, XAT, ATMA, HPU MAT, HP CET, GMAT,

  • Fees: ₹3.4 - 3.6 Lakhs
  • Average Package: ₹2.8 - 6 Lakhs Per Annum
  • Highest Package:
  • Ownership type: Private
BIMT - Bells Institute of Management & Technology Campus Image

BIMT - Bells Institute of Management & Technology

BIMT - Bells Institute of Management & Technology was founded in 2008. BIMT - Bells Institute of Management & Technology is one of the most reputed MBA colleges in Shimla. It is consistently ranked among the top 10 premier B-schools in the country.

The average package offered is and the fees for MBA is .

BIMT - Bells Institute of Management & Technology accepts various MBA entrance exams like CAT, CMAT, MAT, HP CET,

  • Fees:
  • Average Package:
  • Highest Package:
  • Ownership type: Private

Comparison of Top 5 MBA Colleges In Shimla with Good ROI

Top MBA College Name Duration of the Program NIRF Ranking Total MBA Program Fees (INR) Average Salary after MBA (INR)
HPU Business School, Himachal Pradesh University 2-Year ₹4.8 Thousand ₹2 Lakhs Per Annum
Himachal Pradesh University 2-Year ₹4.8 Thousand - 1.4 Lakhs ₹2 Lakhs Per Annum
HP Institute of Management Studies (HPIMS Shimla) 2-Year 4.5
Alakh Prakash Goyal Shimla University 2-Year ₹3.4 - 3.6 Lakhs ₹2.8 - 6 Lakhs Per Annum
BIMT - Bells Institute of Management & Technology 2-Year

This article will discuss about more Management institutes in Shimla with good ROI or MBA colleges in Shimla with Good ROI-

  • Best MBA Colleges in Shimla with NIRF Ranking 2024
  • List of MBA Colleges in Shimla with Good ROI
  • What is the Fee for Top B-Schools in Shimla?
  • What Are the Placement Highlights of MBA Colleges in Shimla?
  • What are the Eligibility Criteria for the best MBA Colleges in Shimla?
  • What Is the Admission Process for Best MBA Colleges in Shimla?
  • Find CAT Coaching Institute in Shimla

Best MBA Colleges in Shimla with NIRF Ranking 2025

The top MBA colleges in Shimla 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 Shimla Management institutes along with NIRF ranking of 2024 and 2023:

College Names NIRF 2024 NIRF 2023
HPU Business School, Himachal Pradesh University N/A
Himachal Pradesh University N/A
HP Institute of Management Studies (HPIMS Shimla) N/A
Alakh Prakash Goyal Shimla University N/A
BIMT - Bells Institute of Management & Technology N/A
Read More

What is the Fee for Top B-Schools in shimla?

The management institutes in shimla are cost-effective and offer excellent placement opportunities to their students.

Below is a list of top B-Schools in shimla along with their fee structure and NIRF ranking for 2023:

B-Schools Total Program fee NIRF Ranking(2023)
HPU Business School, Himachal Pradesh University ₹4.8 K
Himachal Pradesh University ₹4.8 K - 1.4 L
HP Institute of Management Studies (HPIMS Shimla)
Alakh Prakash Goyal Shimla University ₹3.4 - 3.6 L
BIMT - Bells Institute of Management & Technology

The total tuition fee for the HPU Business School, Himachal Pradesh University MBA Program is ₹4.8 K. among the top 100 MBA/PGDM colleges in India in NIRF.

Himachal Pradesh University 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, HP Institute of Management Studies (HPIMS Shimla) is .

What Are the Placement Highlights of MBA Colleges in shimla?

The top MBA colleges in shimla boast impressive placement records.

HPU Business School, Himachal Pradesh University had an average package of ₹2 LPA and the highest package of .

Which MBA College Offers the Highest Salary Packages in shimla?

  • HPU Business School, Himachal Pradesh University - N/A
  • Himachal Pradesh University - N/A
  • HP Institute of Management Studies (HPIMS Shimla) - N/A
  • Alakh Prakash Goyal Shimla University - N/A
  • BIMT - Bells Institute of Management & Technology - N/A

Average Salaries for MBA Graduates in shimla

  • HPU Business School, Himachal Pradesh University - ₹2 LPA
  • Himachal Pradesh University - ₹2 LPA
  • HP Institute of Management Studies (HPIMS Shimla) - 4.5
  • Alakh Prakash Goyal Shimla University - ₹2.8 - 6 LPA
  • BIMT - Bells Institute of Management & Technology -

What are the Eligibility Criteria for the best MBA Colleges in shimla?

To get admission into the Top MBA institutes in shimla 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 shimla.

What Is the Admission Process for Best MBA Colleges in shimla?

The MBA admission process starts with the registration of Management entrance exams for MBA Colleges in shimla.

  • The first step in the admission process for MBA Colleges in shimla 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 shimla.
  • The third step is to review the eligibility requirements of the best management institutes in shimla.
  • 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.

Get the Best MBA Coaching Institutes in shimla

For admission to top MBA colleges in shimla, such as HPU Business School, Himachal Pradesh University Himachal Pradesh University HP Institute of Management Studies (HPIMS Shimla) Alakh Prakash Goyal Shimla University , a high CAT score is crucial. ChunoCollege provides a list of the top CAT coaching institutes in shimla to help you prepare effectively for the CAT exam.

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