43 MBA Colleges Have Shut in Three Years: What It Means Before You Pay
Careers360’s analysis of AICTE records found 43 AICTE-approved MBA colleges stopped admissions between 2023-24 and 2025-26 — rising from 6 colleges in 2023-24 to 22 in 2025-26. Madhya Pradesh accounts for 12 of the 43 (28%); Madhya Pradesh, Uttar Pradesh and Maharashtra together account for 28 (65%). The closures are concentrated in private, self-financing institutes.
The numbers
| Year | Colleges that stopped MBA admission |
|---|---|
| 2023-24 | 6 |
| 2024-25 | 15 |
| 2025-26 | 22 |
| Total (3 years) | 43 |
Where closures are concentrated
| State | Closures (3 years) |
|---|---|
| Madhya Pradesh | 12 |
| Uttar Pradesh | 8 |
| Maharashtra | 8 |
| Gujarat | 4 |
| Haryana | 3 |
| Andhra Pradesh | 2 |
| Telangana | 2 |
| Punjab | 2 |
| Odisha | 2 |
| Delhi | 1 |
What this means for your decision, not a reason to panic
- A rising closure trend means more due diligence is worth doing before you commit two years and a fee to any private institute, especially in the states above.
- Closure does not mean fraud — many institutes stop admissions for legitimate reasons (low enrolment, financial viability). But it does mean you should not assume a college will still be running when you graduate.
- Before paying anything, verify current-year AICTE approval yourself — approval is granted per academic year, so a past approval does not guarantee this year’s.
Frequently asked questions
How many MBA colleges have closed in India recently?
43 AICTE-approved MBA colleges stopped admissions between 2023-24 and 2025-26, according to a Careers360 analysis of AICTE records (updated 24 September 2026).
Which state has seen the most MBA college closures?
Madhya Pradesh, with 12 of the 43 closures (28%), followed by Uttar Pradesh and Maharashtra with 8 each.
Does a college closure trend mean my college will close too?
Not necessarily. It means you should verify the institute’s current AICTE approval yourself rather than assume continuity, particularly for private institutes in the states with the most closures.
Sources & methodology
Closure figures are Careers360’s analysis of AICTE records, not this site’s own data.