Which are the best MBA colleges?

Hello, With that budget, only FMS, New Delhi and Sydenham, Mumbai are the two reputed colleges available. https://www.shiksha.com/mba/ranking/top-mba-colleges-in-india/2-2-0-0-0 Visit this link for more details.

Refer these Institutes once; Institute of Business Management- Jadavpur University Faculty of Management Studies- FMS Delhi Indian Institute of Science- IISC Dept. Of Management Studies Banarasidas Chandiwala Institute of Professional Studies St.Josephs' Degree and PG College University of Hyderaba