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Narayana Business School, Ahmedabad
Narayana Business School, Ahmedabad logo
#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 2025๐Ÿ“ Ahmedabad, Gujarat

Narayana Business School, Ahmedabad Admissions 2026, Courses, Fees & Cutoffs

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Avg Package

8.4 LPA

Batch 2025 (most recent cycle, per the official Placements page headline block)

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Highest Pkg

21 LPA

Batch 2025 (most recent cycle, per the official Placements page headline block) โ€ข Verified Data

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Institute Type

Private

Accredited

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Total Courses

4 Courses

Approved Curriculum

Narayana Business School, Ahmedabad - Overview

Table of Contents

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About Narayana Business School, Ahmedabad

Official website

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 Courses
Fee Rangeโ‚นย 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.

Fee Rangeโ‚นย 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.

Fee Rangeโ‚นย 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.

Fee Rangeโ‚นย 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

Admission Process Overview

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 onlineAI-proctored holistic entrance test)or a valid score in CAT๐Ÿ“XAT๐Ÿ“CMAT๐Ÿ“NMATSNAP. NBSAT becomes mandatory for any applicant whose national-test score falls below the published direct-admission thresholds.
NBSAT (Narayana Business School Aptitude Test - the institute's own onlineAI-proctored holistic entrance test)or a valid score in CAT๐Ÿ“XAT๐Ÿ“CMAT๐Ÿ“NMATSNAP. NBSAT becomes mandatory for any applicant whose national-test score falls below the published direct-admission thresholds.
Eligibility Criteria
Bachelor's degree in any discipline from a recognised university. Final-year graduation students may apply, with admission provisional until final results are submitted. Upper age limit 28 years. Work experience is not required - freshers are explicitly welcomed, with work experience treated as an advantage only. PGDM Quantitative Finance and PGDM Data Science & Business Analytics carry additional programme-specific eligibility conditions listed separately on the official admissions page. The official page does not publish a minimum graduation percentage; third-party portals variously report 50% or 60%, so this should be confirmed with admissions.
Admission Process
Five stages, per the official Eligibility & Process page: (1) Apply online by registering at nbs.edu.in / applications.nbs.edu.in - third-party portals report a non-refundable application fee of INR 2,000, which is not stated on official pages; (2) Entrance qualification via NBSAT or a valid CAT / XAT / CMAT / NMAT score; (3) a short psychometric assessment evaluating aptitude, personality traits, creativity and ethical reasoning; (4) an online one-on-one personal interview with the NBS selection panel assessing motivation, communication and managerial aptitude; (5) selection and enrolment, confirmed on fee payment and document verification. The NBSAT itself assesses Quantitative Ability & Data Interpretation, Logical & Analytical Reasoning, Communication & Language Proficiency, Business & Economic Awareness, Creativity & Innovation, and Decision-Making & Ethical Reasoning. NBS states its methodology 'goes beyond ranks', weighing aptitude, psychometric profile, academics, work experience and interview holistically.
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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

Highest Package
โ‚น21.0 LPA 5.0%
Batch 2025 (most recent cycle, per the official Placements page headline block)Verified
Average Package
โ‚น8.4 LPA
Batch 2025 (most recent cycle, per the official Placements page headline block)Official
Median Package
โ‚น8.0 LPA
Placement Rate
100%

Year-on-Year Placement Trend Comparison

Average Package Growth (LPA)

Batch 2025 (most recent cycle, per the official Placements page headline block)โ‚น8.4 LPA
Batch 2025 (as reported by third-party portal Shiksha, PGDM Dual Specialization batch)โ‚น8.4 LPA
Batch 2025 - DISCREPANCY NOTE on the same official Placements pageโ‚น8.2 LPA
Batch 2025 - second DISCREPANCY NOTE (mobile/alternate block of the official Placements page, and the official Admissions page)โ‚น8.4 LPA
Batch 2023-24 (official Placements page, 'Yearly Trends' chart)N/A
Batch 2022-23 (official Placements page, 'Yearly Trends' chart)N/A
Batch 2021-22 (official Placements page, 'Yearly Trends' chart)N/A
Batch 2020-21 (official Placements page, 'Yearly Trends' chart)N/A

Highest Package Growth (LPA)

Batch 2025 (most recent cycle, per the official Placements page headline block)โ‚น21.0 LPA
Batch 2025 (as reported by third-party portal Shiksha, PGDM Dual Specialization batch)โ‚น20.0 LPA
Batch 2025 - DISCREPANCY NOTE on the same official Placements pageโ‚น32.0 LPA
Batch 2025 - second DISCREPANCY NOTE (mobile/alternate block of the official Placements page, and the official Admissions page)โ‚น20.0 LPA
Batch 2023-24 (official Placements page, 'Yearly Trends' chart)โ‚น19.5 LPA
Batch 2022-23 (official Placements page, 'Yearly Trends' chart)โ‚น20.0 LPA
Batch 2021-22 (official Placements page, 'Yearly Trends' chart)โ‚น17.5 LPA
Batch 2020-21 (official Placements page, 'Yearly Trends' chart)โ‚น12.0 LPA

Top Recruiting Partners

28 Recruiters
EY (Ernst & Young)
KPMG
PwC
Deloitte
Deloitte
Accenture
Accenture
Bain & Company
Bain & Company
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Axis Bank
S&P Global
TCS
TCS

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

Digital Transformation Leader Award for its 100% cloud-operated digital campus (award, not a numeric rank)

digii100 Community 2024

Best Business School (award, not a numeric rank)

Times Education Icon 2023

Complete Rankings Report

Explore all historic rankings and ratings

Publishing AgencyRanking / Rating
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
digii100 Community 2024
Digital Transformation Leader Award for its 100% cloud-operated digital campus (award, not a numeric rank)
Times Education Icon 2023
Best Business School (award, not a numeric rank)
India Today & Achievers Awards 2018
Best Management Institution in Ahmedabad
IIRF Education Impact Award 2026
Awarded for Excellence in Employability & Placement Performance
IIRF 2024
Best B-School for Industry Interface
Educational Performance Statistics in India (EPSI) / FWA 2026
3rd Best Business School in Gujarat (overall, government and private combined)
The Week 2025
2nd Best Private B-School in Gujarat
EducationWorld (EW) 2025
2nd Best Private B-School in Gujarat
Fortune India (2023 and 2024)
3rd Best B-School in Gujarat, cited for placements, ROI and brand appeal
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.
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.
Higher Education Review 2023
Listed among Top B-Schools for PGDM in Data Science and Business Analytics in India
APETA 2022
Promising Institute for Global Skill Development Initiatives (award, not a numeric rank)
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.
ArdorComm Media 2026
Outstanding Institute in Digital Transformation and AI Adoption (award, not a numeric rank)
MAMR 2022
Ranked among India's Top 10 Business Schools
World Education Summit and Awards 2018
Best Management Institution in Gujarat
Silicon India 2025
18th among the Top 30 B-Schools for A++ Grade in India
The Economic Times
Recognised as one of the Best Education Brands of 2023 and again of 2025 (award, not a numeric rank)
IIRF 2022
13th Best Business School in the West Zone

Scholarships & Financial Aid

Information regarding scholarships and financial aid opportunities provided by the institute.

Available Scholarships

Scholarship NameEligibility CriteriaAward Amount
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.
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.
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
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
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.
Special Category Scholarship

Demonstrated sports excellence, entrepreneurial achievement or social impact initiatives.

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

Campus Infrastructure

Campus Infrastructure & Facilities

Personality Development (PDP) Room and Career Counselling Cell

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

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.

Cloud Digital Library

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.

Sports, Gymnasium and Wellness

Sports, Gymnasium and Wellness

NBS describes itself as one of few Indian business schools with comprehensive indoor and outdoor sports facilities. Outdoor: cricket, football, tennis, badminton, volleyball and basketball. Indoor: carrom, chess, darts, table tennis, billiards and air hockey. The gymnasium carries cardiovascular and strength-training equipment and is staffed by trained fitness instructors, with yoga, Zumba, group fitness sessions and nutrition workshops offered as part of student life.

On-Campus Boys' and Girls' Hostels

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

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.

Location not available for this college.

Frequently Asked Questions


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.

NBS states its policy follows AICTE guidelines (Clause 6.45 and successor provisions). If admission is cancelled before the batch commences or before 31 July, whichever is earlier, the fee is refunded after deducting a processing fee of INR 1,000, with eligible refunds credited to the original payment account by mid-October of the financial year. Requests must be submitted in writing by email or through the student portal.

NBS does not publish a conventional closing merit list. It publishes direct-admission thresholds instead - CAT 75, XAT 70, CMAT 80, NMAT 180 - below which NBSAT is required, and states that selection is holistic, weighing psychometric profiling, academic record and interview performance alongside the test score.

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.

Dual Specialization across Finance, Marketing, Human Resources, Production & Operations and IT, Data Science, Business Analytics and Tech-driven Management, Quantitative Finance - risk, wealth management, investment and quantitative methods, Finance / Marketing / Human Resources / Advanced Business Research, with the PGP in Corporate Excellence delivered alongside

Counselling Updates

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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.

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