Narayana Business School, Ahmedabad Admissions 2026, Courses, Fees & Cutoffs
Avg Package
8.4 LPA
Highest Pkg
21 LPA
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Private
Total Courses
4 Courses
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Narayana Business School, Ahmedabad - Overview
Table of Contents
About Narayana Business School, Ahmedabad
Narayana Business School (NBS Ahmedabad) is a private, AICTE-approved business school located on Sarkhej-Bavla Road near Sanathal Circle in Ahmedabad, Gujarat, operating as a unit of Narayana Foundation. The institute traces its origin to 2000, when academicians Dr. Amit Gupta and Dr. Purvi Gupta began teaching from a corner of their home; Narayana Institute was formally constituted in 2001 as a 700 sq. ft. CFA coaching centre at Himalaya Arcade in Vastrapur and pivoted to Narayana Business School in 2010 under the motto 'Learn | Lead | Transform'. NBS positions itself as India's first business school founded by an academician duo.
Explore the comprehensive list of courses offered by Narayana Business School, including detailed fee structures, specializations, and eligibility criteria:
Narayana Business School, Ahmedabad Courses
4 CoursesPGDM - Dual Specialization
Bachelor's degree in any discipline from a recognised university (final-year students may apply; admission remains provisional until final results are submitted). A valid NBSAT score, or CAT >= 75 percentile / XAT >= 70 percentile / CMAT >= 80 percentile / NMAT >= 180 for direct consideration - below these thresholds NBSAT is mandatory. Upper age limit 28 years. Work experience is not required. Selection is by aptitude test, psychometric profiling, academic record and an online personal interview. Note: the official FAQ states a bachelor's degree without naming a minimum percentage, while third-party portals report a 50%-60% aggregate requirement; confirm with admissions.
PGDM - Quantitative Finance (QF)
Bachelor's degree in any discipline; the official admissions page lists a separate, programme-specific eligibility set for PGDM Quantitative Finance, and third-party portal AdmissionMBA reports this requires Mathematics or Statistics at Class 12 level or a relevant undergraduate background - confirm the exact quantitative prerequisite with admissions. A valid NBSAT score or CAT >= 75 / XAT >= 70 / CMAT >= 80 / NMAT >= 180. Upper age limit 28 years. Selection by aptitude test, psychometric profiling, academic record and online personal interview.
PGDM - Data Science & Business Analytics (DSA)
Bachelor's degree in any discipline; the official admissions page lists a separate, programme-specific eligibility set for PGDM Data Science and Analytics, reported by third-party portal AdmissionMBA to require Mathematics or Statistics at Class 12 level or a relevant undergraduate background - confirm with admissions. A valid NBSAT score or CAT >= 75 / XAT >= 70 / CMAT >= 80 / NMAT >= 180. Upper age limit 28 years. Selection by aptitude test, psychometric profiling, academic record and online personal interview.
MBA + PGP in Corporate Excellence (PGPCE)
Bachelor's degree in any discipline from a recognised university, meeting Gujarat Technological University's admission norms for the MBA component. A valid NBSAT score or CAT >= 75 / XAT >= 70 / CMAT >= 80 / NMAT >= 180. Upper age limit 28 years. Final-year students may apply on a provisional basis. Third-party portal Collegedunia reports a 50% graduation aggregate requirement; AdmissionMBA reports 60% - the official page does not state a percentage, so confirm with admissions.
| Course | Fee Range | Eligibility |
|---|---|---|
PGDM - Dual Specialization 1 specialization | ₹ 9.85L - 14.17L | Bachelor's degree in any discipline from a recognised university (final-year students may apply; admission remains provisional until final results are submitted). A valid NBSAT score, or CAT >= 75 percentile / XAT >= 70 percentile / CMAT >= 80 percentile / NMAT >= 180 for direct consideration - below these thresholds NBSAT is mandatory. Upper age limit 28 years. Work experience is not required. Selection is by aptitude test, psychometric profiling, academic record and an online personal interview. Note: the official FAQ states a bachelor's degree without naming a minimum percentage, while third-party portals report a 50%-60% aggregate requirement; confirm with admissions. |
PGDM - Quantitative Finance (QF) 1 specialization | ₹ 10.85L - 15.17L | Bachelor's degree in any discipline; the official admissions page lists a separate, programme-specific eligibility set for PGDM Quantitative Finance, and third-party portal AdmissionMBA reports this requires Mathematics or Statistics at Class 12 level or a relevant undergraduate background - confirm the exact quantitative prerequisite with admissions. A valid NBSAT score or CAT >= 75 / XAT >= 70 / CMAT >= 80 / NMAT >= 180. Upper age limit 28 years. Selection by aptitude test, psychometric profiling, academic record and online personal interview. |
PGDM - Data Science & Business Analytics (DSA) 1 specialization | ₹ 9.85L - 14.17L | Bachelor's degree in any discipline; the official admissions page lists a separate, programme-specific eligibility set for PGDM Data Science and Analytics, reported by third-party portal AdmissionMBA to require Mathematics or Statistics at Class 12 level or a relevant undergraduate background - confirm with admissions. A valid NBSAT score or CAT >= 75 / XAT >= 70 / CMAT >= 80 / NMAT >= 180. Upper age limit 28 years. Selection by aptitude test, psychometric profiling, academic record and online personal interview. |
MBA + PGP in Corporate Excellence (PGPCE) 1 specialization | ₹ 9.85L - 14.17L | Bachelor's degree in any discipline from a recognised university, meeting Gujarat Technological University's admission norms for the MBA component. A valid NBSAT score or CAT >= 75 / XAT >= 70 / CMAT >= 80 / NMAT >= 180. Upper age limit 28 years. Final-year students may apply on a provisional basis. Third-party portal Collegedunia reports a 50% graduation aggregate requirement; AdmissionMBA reports 60% - the official page does not state a percentage, so confirm with admissions. |
Narayana Business School, Ahmedabad Admissions
Below is the complete admission information including eligible exams, eligibility criteria, admission process, and important notes for each program offered.
Required Entrance Exams
NBSAT (Narayana Business School Aptitude Test - the institute's own online, AI-proctored holistic entrance test), or a valid score in CAT / XAT / CMAT / NMAT / SNAP. NBSAT becomes mandatory for any applicant whose national-test score falls below the published direct-admission thresholds.
Confused about Admissions?
Don't navigate the complex process alone. Chat with our expert counsellors for 1-on-1 guidance on cutoffs, documentation, and securing your seat.
Placement Statistics
Verified campus placements records for Narayana Business School, Ahmedabad
Year-on-Year Placement Trend Comparison
Average Package Growth (LPA)
Highest Package Growth (LPA)
Top Recruiting Partners
28 Recruiters
3rd Best Business School in Gujarat (overall, government and private combined)
Educational Performance Statistics in India (EPSI) / FWA 2026
3rd Best B-School (Private) for PGDM General; 4th Best B-School (Private) overall in Gujarat. Note: third-party portal Shiksha reports the IIRF 2026 PGDM General rank as a national rank of 3rd - the official NBS page describes it as a category rank, so the scope of this number should be verified against the original IIRF publication.
IIRF India MBA Rankings 2026
22nd Best Private B-School (Overall) in India; 4th in Gujarat; 14th in West India; 23rd Best Private B-School for PGDM (General), 3rd in Gujarat
IIRF 2025
Complete Rankings Report
Explore all historic rankings and ratings
| Publishing Agency | Ranking / Rating |
|---|---|
Educational Performance Statistics in India (EPSI) / FWA 2026 | 3rd Best Business School in Gujarat (overall, government and private combined) |
IIRF India MBA Rankings 2026 | 3rd Best B-School (Private) for PGDM General; 4th Best B-School (Private) overall in Gujarat. Note: third-party portal Shiksha reports the IIRF 2026 PGDM General rank as a national rank of 3rd - the official NBS page describes it as a category rank, so the scope of this number should be verified against the original IIRF publication. |
IIRF 2025 | 22nd Best Private B-School (Overall) in India; 4th in Gujarat; 14th in West India; 23rd Best Private B-School for PGDM (General), 3rd in Gujarat |
The Week 2025 | 2nd Best Private B-School in Gujarat |
EducationWorld (EW) 2025 | 2nd Best Private B-School in Gujarat |
Silicon India 2025 | 18th among the Top 30 B-Schools for A++ Grade in India |
IIRF Fastest Growing (2025) | 1st Fastest Growing Private B-School in Gujarat; 2nd in West India; 4th in India. The NBS homepage renders this as '4th Fastest Growing B-School in India' and '3rd Best MBA College in Gujarat' - the homepage and awards page use slightly different wordings for the same underlying awards, so quote the awards page. |
IIRF Education Impact Award 2026 | Awarded for Excellence in Employability & Placement Performance |
IIRF 2024 | Best B-School for Industry Interface |
Fortune India (2023 and 2024) | 3rd Best B-School in Gujarat, cited for placements, ROI and brand appeal |
The Economic Times | Recognised as one of the Best Education Brands of 2023 and again of 2025 (award, not a numeric rank) |
ArdorComm Media 2026 | Outstanding Institute in Digital Transformation and AI Adoption (award, not a numeric rank) |
digii100 Community 2024 | Digital Transformation Leader Award for its 100% cloud-operated digital campus (award, not a numeric rank) |
Higher Education Review 2023 | Listed among Top B-Schools for PGDM in Data Science and Business Analytics in India |
Times Education Icon 2023 | Best Business School (award, not a numeric rank) |
MAMR 2022 | Ranked among India's Top 10 Business Schools |
IIRF 2022 | 13th Best Business School in the West Zone |
APETA 2022 | Promising Institute for Global Skill Development Initiatives (award, not a numeric rank) |
World Education Summit and Awards 2018 | Best Management Institution in Gujarat |
India Today & Achievers Awards 2018 | Best Management Institution in Ahmedabad |
NIRF | VERIFY. No NIRF (Management) ranking for Narayana Business School appears on any indexed official page, and NBS does not claim one. Any NIRF figure published for NBS should be sourced directly from nirfindia.org before use. |
Scholarships & Financial Aid
Information regarding scholarships and financial aid opportunities provided by the institute.
Available Scholarships
| Scholarship Name | Eligibility Criteria | Award Amount |
|---|---|---|
Merit-Based Scholarship (CAT or NBSAT Composite Score) | Awarded on a composite score calculated from CAT or NBSAT performance together with admission parameters defined by NBS, and subject to a minimum of 80% in Class X, Class XII and graduation. Four published bands: above 95 percentile, above 90 percentile, above 85 percentile and above 80 percentile. | INR 4,00,000 (above 95 %ile), INR 3,00,000 (above 90 %ile), INR 2,00,000 (above 85 %ile) and INR 1,00,000 (above 80 %ile). NBS states every scholarship value is an absolute rupee amount, not a percentage of fees. |
Need-Based Scholarship (Financial Assistance) | EWS category, Persons with Disability (PwD) and Defence wards, subject to a minimum of 80% in Class X, Class XII and graduation plus supporting documentation. | Up to INR 2,00,000 |
Diversity Scholarship - Rural Background Students | Students from a rural background with academic merit of 80% or above. | Up to INR 1,00,000 |
Diversity Scholarship - Women in STEM | Women applicants from STEM fields with academic merit of 80% or above. | Up to INR 50,000 |
Diversity Scholarship - Sibling of NBS Student / Alumni | Siblings of a current NBS student or an NBS alumnus, with academic merit of 80% or above and proof of relationship. | INR 50,000 |
Special Category Scholarship | Demonstrated sports excellence, entrepreneurial achievement or social impact initiatives. | Up to INR 50,000 |
Government-Aided External Scholarships (not NBS's own) | Eligibility as per each government scheme. NBS encourages students to apply for AICTE Pragati (girl students), AICTE Saksham (differently-abled students), AICTE Swanath (orphans and wards of deceased/disabled parents) and Digital Gujarat Scholarships for eligible state residents. | As per the applicable government scheme's current terms. NBS states these external benefits are additional and will not be adjusted against NBS scholarships. |
Scholarship Rules and Renewal (policy, not an award) | Non-stacking rule: only the single highest eligible NBS waiver is granted, though external scholarships may be combined with it. Renewal requires a CGPA of 7.2 or above, 80% attendance and good conduct; non-compliance may lead to withdrawal or reduction. All decisions rest with the NBS Scholarship Committee. | Disbursed semester-wise or trimester-wise in line with the fee cycle. |
Education Loan Facilitation (financial assistance, not a scholarship) | Available to admitted NBS students through the institute's Financial Aid & Loan Support Team. | Official loan partners are Credila (formerly HDFC Credila Financial Services), GrayQuest, Propelled Finance and the Government of India's Vidya Lakshmi Portal. NBS states financing of up to 100% of total academic, hostel and living expenses is available, with a moratorium of course duration plus six months post-completion. Third-party portals additionally name SBI and Punjab National Bank and quote interest rates around 10% - these are not named on the current official page. Contact: accounts@nbs.edu.in / +91 91068 22579. |
Campus Infrastructure
Campus Infrastructure & Facilities
Cloud Digital Library
NBS describes its library as an 'ultramodern' academic resource centre, and its Cloud Campus library as accessible 24x7 without the limitations of time and space - giving students, researchers and faculty continuous access to research publications, reference material and study space, supported by dedicated library staff. Specific holdings counts (book titles, journal or database subscriptions) are not published on indexed official pages and should be sourced from the AICTE Mandatory Disclosure before being quoted.
On-Campus Boys' and Girls' Hostels
Separate on-campus hostels for male and female students, opened in 2024 and described by NBS as having been built 'at record time'. Rooms are air-conditioned and fully furnished in two-sharing (INR 2,16,000 per year) and three-sharing (INR 1,92,000 per year) configurations, with high-speed Wi-Fi, laundry, housekeeping, 24x7 security, professional maintenance staff, nutritious dining, gymnasium access and on-call medical support. Allotment is first-come after admission confirmation; renewal is required before year-end, and students who renew receive complimentary stay during their internship period.
100% Digital, AI-Driven Cloud Campus
NBS operates what it describes as a fully cloud-operated, 100% digital campus - a status recognised by the digii100 community with a Digital Transformation Leader award in 2024 and by ArdorComm Media in 2026. The stack includes a Microsoft Cloud Campus, a cloud Student Information System, ICT-enabled smart classrooms, AI-powered placement automation, digital library access, a smart and cashless cafeteria, smart hostel management, an alumni management cloud, a digital and automated admissions process, omni-channel communication and face-recognition campus security.
Auditorium, Amphitheatre, Boardroom and Central Atrium
The 10+ acre campus includes a tiered-seating auditorium for seminars, conferences and student events, an open-air amphitheatre, a boardroom with premium seating and a digital presentation setup for corporate-format sessions, and a central atrium. Seating capacities are not published on indexed official pages.
Personality Development (PDP) Room and Career Counselling Cell
A dedicated Personality Development Room built around mirror work and behavioural training, which NBS frames as central to shaping communication style, confidence and professional bearing rather than accumulating facts alone. It operates alongside a Career Counselling Cell and the institute's three-layer mentorship programme.
IT and Analytics Labs
Computer labs with advanced systems and spacious workstations configured for analytics, research and digital learning, supporting the tool stacks taught across programmes: Python, R, Power BI, Tableau, Hadoop, Spark, machine learning, NLP, cloud and IoT for the Data Science programme, and MATLAB, R, Python, Tableau, SAP-FICO and Bloomberg Terminal for Quantitative Finance.
Hostel & Accommodation
* Fees are subject to change. Please contact the administration for the latest details.
Campus Gallery
Campus
Hostel
Campus
Infrastructure
Placements
Student Life
Frequently Asked Questions
Four two-year full-time management programmes: PGDM Dual Specialization, PGDM Quantitative Finance, PGDM Data Science & Business Analytics (all three AICTE-approved) and MBA + PGP in Corporate Excellence (PGPCE), which is affiliated to Gujarat Technological University.
540 seats in total across the four programmes: PGDM Dual Specialization 270, MBA + PGPCE 180, PGDM Quantitative Finance 60 and PGDM Data Science & Business Analytics 30.
For the two-year duration: INR 9,85,000 for PGDM Dual Specialization, PGDM Data Science & Business Analytics and MBA + PGPCE, and INR 10,85,000 for PGDM Quantitative Finance. The fee includes academic resources, select industry certifications and experiential learning components, with no additional hidden charges - hostel and personal expenses are billed separately.
INR 2,16,000 per year for a two-sharing room and INR 1,92,000 per year for a three-sharing room, identical for boys and girls. Rooms are air-conditioned and furnished, with Wi-Fi, laundry, housekeeping, 24x7 security and meals included. Hostel stay is optional, though the institute recommends it; allotment is first-come after admission confirmation, and students who renew for a second year receive complimentary hostel stay during their internship.
PGDM - Dual Specialization, PGDM - Quantitative Finance (QF), PGDM - Data Science & Business Analytics (DSA), MBA + PGP in Corporate Excellence (PGPCE)
Narayana Business School (NBS Ahmedabad): Overview
The present 10+ acre campus was established in 2017, the same year the flagship PGDM Dual Specialization received AICTE approval. The institute launched what it describes as India's first PGDM in Quantitative Finance in 2022, added a PGDM in Data Science & Business Analytics in 2023, opened on-campus boys' and girls' hostels and became a fully cloud-operated digital campus in 2024, and secured AACSB International and AMBA (BGA) global memberships in 2025.
NBS reports a student body drawn from 24+ states and union territories with 46% female representation, 60+ faculty carrying a combined 380+ years of industry experience and 540+ years of teaching experience, 15+ student-led clubs, a 26-member student council, 670+ recruiting partners and an alumni network the institute variously sizes at 9,800+ and 10,200+ across its own pages. Its stated philosophy is nation-building through management education, with an explicit focus on drawing talent from non-metro India.
Prospective applicants should note that several headline figures differ between pages of the institute's own website - notably the highest placement package, the alumni count and the framing of its placement record. Where this profile records such a conflict, both figures are shown with their source so the reader can judge. Official documents to request directly from admissions are the current fee circular, the downloadable placement report and the AICTE Mandatory Disclosure.
Upcoming Exams
IISER
IISER Aptitude Test • June 2026
NEST
NEST Entrance Exam • June 2026
CUET
CUET UG Exam • 11-31 May 2026
PGIMER
BSc Nursing Exam • July-August 2026