Which are the Oldest MBA Colleges in India?

Feb 20, 2026, 13:58 IST

This article discusses the list of the oldest MBA colleges in India, including their establishment year, flagship programs, and some other important details.

The world of business is continuously changing, but the fundamental concepts of efficient management are timeless. For many years, India’s best management institutions have served as centres for the development of future leaders, making significant contributions to the country’s economic progress and international competitiveness. Some of the oldest MBA colleges in India include the renowned Indian Institute of Management (Ahmedabad), Tata Institute of Social Sciences (TISS) Mumbai, and Faculty of Management Sciences (FMS) New Delhi, etc.

The significance of these oldest MBA colleges in India extends beyond their rankings to the pioneering spirit they have contributed to professional education.

Which are the Oldest MBA Colleges in India?

Management education in India has seen considerable changes. In the initial years, the focus was on postgraduate diploma programs, like the PGDM, which were created by the self-governing universities, sometimes in partnership with international organisations, long before the current Master of Business Administration (MBA) degree became globally popular.

Given below is the list of the oldest MBA Colleges in India, along with their establishment year, about the university and the top recruiters of the institute:-

Institute Name	Years	About	Recruiters List
TISS Mumbai	1936	The Tata Institute of Social Sciences (TISS) was founded in 1936 as the Sir Dorabji Tata Graduate School of Social Work. The current name of the institute was taken up in 1944. The Tata Institute of Social Sciences offers courses in Master of Arts in Human Resource Management and Labour Relations, Master of Hospital Administration, and Master of Arts in Organisation Development, Change and Leadership The admission to these programs is conducted through the CAT exam. The highest package for the HRM and LR for 2025 was INR 36,25,000 LPA.	Citi Bank Pine Labs Larsen and Trubo Reliance Industries Flipkart ITC Sun Pharma Accenture Tata Electronics GAIL, etc.
XLRI	1949	XLRI, India’s oldest business school, was founded in 1949 by a group of visionary Jesuit Fathers to transform the economy and society as a whole. In 1953, a two-year, day program in Industrial Relations and Welfare was established, which was eventually renamed as Human Resource Management. In 1965, a three-year evening program in Business Management was launched, which was followed by a two-year full-time program in 1968. This institute is one of the first management institutions in India to internationalise its academic programs.	Alvarez and Marsal Accenture Accenture Strategy Airbnb Aditya Birla Group Allianz Amazon American Express Bain and Company BCG Barclays Bennet, Coleman and Co Ltd CapeGemini
IISWBM Kolkata	1953	The Indian Institute of Social Welfare and Business Management (IISWBM) in Kolkata was established on April 25, 1953. This institute was the result of a collaborative effort by the University of Calcutta, the Government of West Bengal, the Government of India, and industry leaders to establish a management institute in India. Dr Bidhan Chandra Roy, the then Chief Minister of West Bengal, founded IISWBM, India’s first management institute. The first Business Management Course, the first course, began on July 5, 1954.	Tata Consultancy Services Cognizant Hindustan Unilever Limited Phillips DHL PwC Amazon, etc.
FMS Delhi	1954	The institute, established in 1954 by the University of Delhi, FMS has been a pioneer in management education, research, and consulting. The college has continuously been placed among the top business schools in the country, and it is well-known for its creative pedagogy, industry connections and robust alumni networks. In 1954, the institute started a three-year part-time Postgraduate Management Program in Business Administration for senior and middle-level executives. The institute was founded at the Delhi School of Economics.	BCG Deloitte Bain and Company EY Kearney McKinsey and Company PwC KPMG Accenture Microsoft Adobe DE Shaw and Co Goldman Sachs Morgan Stanley
IIM Ahmedabad	1961	The Institute’s mission is to promote excellence in scholarship by developing high-quality research, innovative and effective teaching, and important contributions to knowledge creation across a range of fields. IIMA collaborates with several academic institutions throughout the world to teach postgraduate programs, conduct executive education programs, and implement its research agenda. For example, it collaborated with the University of Bocconi and HEC School of Management. The NIRF has ranked the Indian Institute of Management Ahmedabad as the top B-School in India since 2020.	Accenture Strategy Bain & Company Boston Consulting Group Kearney McKinsey & Company, PwC Simon-Kucher & Partners American Express Deutsche Bank Standard Chartered Bank Tata Administrative Services, etc.
IIM Calcutta	1961	In November 1961, the Government of India established the Indian Institute of Management Calcutta (IIMC_ as the first national institute for Post-graduate studies and Research Management. IIMC has developed into a mature school with a global reputation for offering high-quality management education. It has been a pioneer in professionalising Indian management through Post Graduate and Doctoral Level programs, Executive Training Programs, and Research Consulting Activities.	Auctus Advisors Barclays Capegemini Bajaj Finserv Bain and Company Deloitte BCG DE Shaw and Co EY Kearney Hindusan Unilever Limited McKinsey and Company, etc.
JBIMS Mumbai	1965	Jamnalal Bajaj Institute of Management is frequently regarded as one of the top ten elite business schools in the country, with a history of 52 years. The late Dr K.S. Basu established India’s first full-time two-yearMaster's in Management Studies (MMS) program at JBIMS.	DE Shaw and Co Hindustan Unilever Limited NPCI Tata Digital Abbott Accenture Deloitte Henkel P & G PwC, etc

(Source of information:- Official Websites of the institutes.)

The world of management is constantly developing, yet the core fundamentals of effective management remain the same. For many years, India’s renowned management institutions have acted as hubs for the development of future leaders and have significantly contributed to the country’s economic growth and international competitiveness. The history of management education in India is distinguished by the pioneering spirit of institutions such as the Tata Institute of Social Sciences (TISS), founded in 1936, XLRI in 1949, and IISWBM Kolkata in 1953, followed by other well-known names such as FMS Delhi, the IIMs and JBIMS Mumbai.

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IIM Lucknow Introduces AI Program For UG & PG Courses in Bharat Bodhan AI Conclave 2026	XLRI Final Placements 2024-26: Highest International offer Rs 1.10 Crore, PGDM (BM) and HRM Batch Secures Strong Placement Outcomes
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Which are the Oldest MBA Colleges in India?

This article discusses the list of the oldest MBA colleges in India, including their establishment year, flagship programs, and some other important details.

Which are the Oldest MBA Colleges in India?

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