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MBA Colleges In Shimla

Top MBA Colleges in Shimla 2026 – Rankings, Fees, Admissions, ROI & More

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Tanya Verma

Content Writer |

Nov 22, 2025 05:43PM IST

Nothing can beat a dreamy and scenic study destination, and Shimla, the queen of the hills, fits the role perfectly. If a student has dreamt of a graduation in a hilly location, then Shimla is the best place to consider pursuing an MBA program. Students can explore the top MBA colleges in Shimla, which include Himachal Business School, AP Goyal Shimla University, and Bahra University. MBA aspirants looking for specializations in rural marketing, entrepreneurship development, advertising management, and more can consider these universities. These institutions accept scores from HPU-MAT, the management aptitude test conducted by Himachal Pradesh University. For a broader perspective, candidates can also check the top MBA colleges in Himachal Pradesh for diverse programs and placement opportunities. The PG business management program fee begins with INR 13,050 at Himachal Business School and goes up to INR 3.6 lakh at APGSU.


Top MBA Colleges in Shimla Highlights

Parameters

Details

No. of Top MBA Colleges

3

Top MBA Colleges

Himachal Business School

Bahra University 

Alakh Prakash Goyal, Shimla University

Ownership

Government and Private

Exams Accepted

CAT, HPU-MAT

Specializations Offered

Entrepreneurship Development

Rural Marketing

Advertising Management

Hospitality & Tourism 

Fees Range

INR 13K-3.6 lakh

Admission Process

HPU-MAT + Written Test + Group Discussion + Personal Interview

Placement Range

INR 2.75-4.6 LPA

Note: These details are from the official website and may change over time.

candidate-selection-shimla


Top MBA Colleges in Shimla 2026

The fees for an MBA program in Shimla are as affordable as INR 13,050. However, the applicants must note that the admissions are done on the basis of scores obtained in HPU-MAT. The Himachal Business School, being a leading government institution in Shimla, offers an MBA in specializations like advertising, entrepreneurship, and rural marketing. The Alakh Prakash Goyal, Shimla University, and the Bahra University are private institutions offering MBA programs in Shimla. Students looking for quality education may also explore the best MBA colleges in India for wider options and career opportunities.

College name 

Fees Range

Specialization Offered

Himachal Business School

INR 13,050

Business Statistics

Operations Management

Entrepreneurship Development

Advertising Management 

Rural Marketing

Bahra University

INR 2.6 lakh

HR

Marketing

Finance

IT

Data Analytics

Digital Marketing

Hospitality & Tourism

Alakh Prakash Goyal, Shimla University

INR 3-3.6 lakh

HR

Marketing

IB

IT

Finance

Note: These details are from the official website and may change over time.


Top MBA Colleges in Shimla Eligibility Criteria

Candidates must confirm their eligibility to avoid any rejection of their application. Check out the basic eligibility criteria for admissions in MBA programs at the top MBA colleges in Shimla.

Particulars

Details

Bachelor’s Degree

MBA colleges in Shimla accept a minimum of 50% aggregate in a bachelor’s program from any recognized university.

The degree can be obtained from any discipline, but the duration needs to be a minimum of 3 years for the program. 

Entrance Examination

HPU-MAT is the management aptitude test conducted by the Himachal Government to facilitate admissions to the top MBA colleges in Shimla

GD/PI/WAT Rounds

Further evaluation rounds are subject to the college’s requirements.

There may be only a personal interview round after shortlisting of candidates. 

Note: These details are from the official website and may change over time.


List of Private MBA Colleges in Shimla

Private universities in Shimla are quite affordable and offer MBA programs of equivalent quality and reputation to the government ones. The Bahra University, located on the outskirts of Shimla, offers an MBA program for a tuition fee of INR 2.6 lakh. However, the candidates are advised to check with the college officials for miscellaneous expenses. Another leading private university in Shimla is the Alakh Prakash Goyal, Shimla University, which offers an MBA program for an approximate fee of up to INR 3.6 lakh.

College Name

Fees (Approx.)

Exams Accepted

Bahra University

INR 2.6 lakh

HPU-MAT/CAT

Alakh Prakash Goyal, Shimla University

INR 3-3.6 lakh

HPU-MAT/CAT

Note: These details are from the official website and may change over time.


Government/Semi-Govt. MBA Colleges in Shimla

The government MBA college in Shimla, a part of the Himachal Pradesh University, the Himachal Business School, conducts its entrance exam. The HPU-MAT exam scores are considered for the first shortlisting round of students. What adds to the fact that students prefer Himachal Business School for an MBA program is its very affordable fee structure. The university-affiliated program offered at the HBS costs only INR 13,050 for the tuition fee. For accommodation and mess charges, students are advised to enquire via the official portal of the college. 

College Name

Fees

Exams

Himachal Business School

INR 13,050

HPU-MAT

Note: These details are from the official website and may change over time.


Top MBA Colleges in Shimla: Fee & Salary

An MBA in Shimla is a decent choice that a student can make to have a student life and career balance. The fact that the fee structure is quite affordable justifies the overall moderate average salaries offered to the students. Hence, the return on investment for these colleges remains moderate, with only Himachal Business School excelling in terms of overall ROI. The approximate average salary for the Bahra University has not been officially disclosed. However, the range would fall close to other universities in Shimla.

College Name

Fees

Avg Salary

ROI Verdict

Himachal Business School

INR 13,050

INR 2.75 LPA

Very Good

Bahra University

INR 2.6 lakh

NA

NA

Alakh Prakash Goyal, Shimla University

INR 3-3.6 lakh

INR 3.6-4.6 LPA

Moderate

Note: These details are from the official website and may change over time.


MBA Admission Process in Shimla Colleges

You need to follow the below-mentioned steps to initiate the admission process in the MBA colleges in Shimla:

  • Step 1: The first step is to check for the colleges that accept the Himachal Pradesh University Management Aptitude Test. 

  • Step 2: The second step would be registering for the HPU-MAT exam. 

  • Step 3: Check for the official notification related to the cutoff percentile for MBA admissions in your target college. 

  • Step 4: Candidates then further need to apply to the university and colleges with their HPU-MAT exam scores attached along with the application form. 

  • Step 5: The shortlisted candidates will receive the acceptance letter from the university. 

  • Step 6: Selected candidates must confirm their admission by paying the admission fee.


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Frequently Asked Questions

Q1. What entrance exam is accepted by the top MBA universities in Shimla?

HPU-MAT is the state-level entrance examination required for admission to top MBA colleges in Shimla.

Q2. Is it worth pursuing an MBA from a university in Shimla?

Shimla is not a major business hub. Hence, the average salary is not anywhere near that of metro cities.

Q3. How many total seats are there in the Himachal Pradesh University?

A total of 120 seats are available in the Himachal Pradesh University, out of which 60 are subsidized.

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AP Goyal Shimla University Logo

AP Goyal Shimla University, Shimla

PrivateUGC Approved
Shimla, Himachal Pradesh
View details for AP Goyal Shimla University
AP Goyal Shimla University [APGSU]PrivateUGC Approved
AP Goyal Shimla University [APGSU], ShimlaPrivateUGC Approved
Shimla, Himachal Pradesh
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Himachal Pradesh National Law University Shimla Logo

Himachal Pradesh National Law University Shimla, Shimla

GovernmentUGC Approved
Shimla, Himachal Pradesh
View details for Himachal Pradesh National Law University Shimla
Himachal Pradesh National Law University Shimla [HPNLU Shimla]GovernmentUGC Approved
Himachal Pradesh National Law University Shimla [HPNLU Shimla], ShimlaGovernmentUGC Approved
Shimla, Himachal Pradesh
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