Best Colleges for MBA in India with Highest Salary Packages

Last Updated: Feb 1, 2025

Jan 1 • MBA, Top Colleges • 178788 Views • 198 Comments on Best Colleges for MBA in India with Highest Salary Packages

Introduction

Master of Business Administration is one of the most prestigious Degrees in the Management field to stimulate careers, which is pursued after graduation. India has a great plethora of Best Management Institute that are capable enough to fulfill the dream of a number of MBA aspirants in a very fruitful way. Several Entrance Exams like CAT, GMAT, CMAT, XAT, MAT, SNAP, IGNOU, etc. are conducted through which students can get admission in various MBA courses and become a part of the Best Management Colleges in India. Management Studies has become the first choice of every graduate as with the help of good managerial skills an individual is able to get an excellent job of their interest with a good package.

In the present scenario, to work in a well-reputed organization is the dream of an individual pursuing Graduation. So in order to make their career safe one must choose a college that offers the best educational facilities and placement opportunities to get placed with the highest offered package. Here we present a list of the best colleges for MBA in India with the highest salary package in addition to the respective courses offered and salary details. This list has been prepared by taking help from the survey conducted by the Economic Times and Business Today.

 

1) INDIAN INSTITUTE OF MANAGEMENT BANGALORE–

The Indian Institute of Management Bangalore (IIMB) was established in 1973 with the aim of becoming one of the best premier management institutes in India. The institute has a very promising history of placement records with the highest package offered. IIM Bangalore was selected as a member of the Graduate Management Admission Council (GMAC) in 2012 and is thus able to present itself as the finest Business School among the top MBA colleges in the world. The institutes have faculty members who are globally respected having expertise in their respective disciplines thus IIMB is ranked in first position.

For EPGP which is 1 year Executive Programme in Management

Course Name	EPGP
Fee Structure	INR 2007500
Total Intake	75
Eligibility	GMAT-95 %
Website	www.iimb.ernet.in

The top 5 Recruiting Companies are as follows:

• Amazon
• Siemens Management Consulting
• Swiss Investment Bank UBS
• Z S Associates
• PRTM

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	13 LACS	1 CRORE	26 LACS

 

Top recruiters:- 

XL, Boston, Deloitte, AT Kearney, topped the list of recruiters.

The institute gave the hundred percent placement for the year 2018.

Salary package offered:-

International package:- This year the average salary for international offers has increased to rupees 52.13 lacs.

Domestic Package:- This year the Domestic salary has increased to Rupees 21.42 Lacs

2) INDIAN INSTITUTE OF MANAGEMENT CALCUTTA–

Indian Institute of Management Calcutta was the very first IIM that came into existence in the year 1961, November and now IIM Calcutta has grown into a mature institute that is globally respected for its excellent leadership commitment and excellent standards to provide all necessary facilities for the student’s betterment. The Institute always tries to offer high-quality Management Education which contributes to a successful career for their students after placement. Due to their extraordinary efforts for their students, IIMC is ranked in Second position in our ranking list.

For PGP which is 2 Years Diploma in Management:

Course Name	PGP
Fee Structure	INR 1356000
Total Intake	462
Eligibility	CAT-95 %
Website	www.iimcal.ac.in

 The top 5 Recruiting Companies are as follows:

• Boston Consulting Group
• McKinsey & Company
• Hindustan Unilever
• A.T. Kearney
• Accenture

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	10.32 LACS	75 LACS	15.32 LACS

 

3) S. P. JAIN INSTITUTE OF MANAGEMENT AND RESEARCH–

SPJIMR was established in 1981 as one of the best Business Schools of India located in Mumbai, India. The institute focuses on imparting quality management education to its students with the help of well-educated faculty members.  edition of CNBC-TV18′. The institute has very promising and attractive placement strategies which put S.P. Jain to be at 3^rd position under the list of highest package offering institutes of India.

For PGDM which is 2 Years Diploma in Management:

Course Name	PGDM
Fee Structure	INR 1030000
Total Intake	176
Eligibility	CAT-85 %
Website	www.spjain.org

The top 5 Recruiting Companies are as follows:

• Amazon
• KPMG
• ICICI Bank
• McKinsey & Company
• Infosys

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	9.25 LACS	40 LACS	16.71 LACS

4) INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD–

Indian Institute of Management Ahmedabad was the second IIM to be established in the year of 1961, December. Through its continuous efforts, IIM Ahmedabad is able to achieve the status of the best Business School in India among the World’s Best International Schools. The Indian Institute of Management works as an autonomous body that provides a ladder to achieve success in the field of management.  ranking. IIMA is in 4^th position as per our ranking list under the Best MBA College in India that offers the highest placement in India.

For PGP which is 2 Years diploma in Management:

Course Name	PGP
Fee Structure	INR 1550000
Total Intake	380
Eligibility	CAT-99 %
Website	www.iimahd.ernet.in

The top 5 Recruiting Companies are as follows:

• Deloitte Consulting
• Cadbury India Limited
• A&M
• Boston Consulting Group
• TSMG

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	8.50 LACS	39.81 LACS	15.88 LACS

5) Faculty of management studies(FMS) DELHI–

FMS was established in the year 1954. It’s the part of the Delhi University which is the oldest University of Delhi. The FMS is henceforth the oldest business school in India. Although FMS is nowhere in comparison to the infrastructure of the IIMS

But at the end of the day, it’s not all about infrastructure which is very important for the student. If the necessity of the infrastructure can increase the quality of education then it is important. MBA from FMS will cost you 20 k.0 the faculty of all the 4 IIMS XLRI and FMS are very good. The laws of learning methodology of SMS are very different from other B schools. FMS focuses more on experimental and practical learning.

A total of 210 students participated in FMS Delhi placements.

this year the average salary for FMS has gone up to rupees Rs 22.6 lacs for women students. The overall average salary has gone up to rupees Rs 21.1 lacs from Rs 20.6 lacs in the previous year

For MBA which is a 2-year full-time postgraduate Diploma in Management:

Course Name	MBA
Fee Structure	INR 20000
Total Intake	218
Eligibility	CAT-98.2% to 98.6%
Website	www.fsm.ac.in

The top 5 Recruiting Companies are as follows:

• Asian Paints
• Coca-cola
• HDFC
• ITC
• Nestle

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	12LACS	35 LACS	21 LACS

6) INDIAN INSTITUTE OF MANAGEMENT INDORE–

Indian Institute of Management Indore was the sixth IIM to be established in the year 1196 as one of the premier institutes that serves quality management education. IIMI is well known as India’s Best Business School and is maintained at 4^th position according to the BT-Nielsen Ranking list. The Institute offers the best learning environment to their students which motivates them to get placed in the top recruiting companies visiting the College. This renowned institute is in 6^th position as per our ranking list.

For PGP which is 2 Years Diploma in Management:

Course Name	PGP
Fee Structure	INR 1300000
Total Intake	451
Eligibility	CAT-90 %
Website	www.iimidr.ac.in

The top 5 Recruiting Companies are as follows:

• Deloitte Consulting
• Deutsche Bank
• HSBC
• Standard Chartered
• Infosys Technologies

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	No data	34 LACS	12.10 LACS

7)  XLRI–

It was established in the year of 1949 with the mission of becoming Renewing Face in the field of Management. The Institute is one of the most famous colleges that come under the category of Private College in India. XLRI always tried to make their students comfortable in learning management skills and being involved in placement activities. From time to time Xavier Labour Relations Institute, Jamshedpur offers various training facilities for the development of Management qualities in their students.

For BM which is a 2-year diploma in Business Management:

Course Name	BM
Fee Structure	INR 1200000
Total Intake	250
Eligibility	XAT-91.25 %
Website	www.xlri.ac.in

The top 5 Recruiting Companies are as follows:

• Accenture
• Aditya Birla Group
• Axis Bank
• Bank of America
• Citibank

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	8.53 LACS	25 LACS	15.4 LACS

8) INDIAN INSTITUTE OF FOREIGN TRADE–

Indian Institute of Foreign Trade was established in 1963 by the Indian Government as an autonomous body. IIFT conducts research programs to help the country in order to understand foreign trade in the field of management. In addition to it IIFT offers quality education to their students in terms of management training. These efforts made students earn the highest package for the future in a fruitful and easy way. The Institute is ranked in 8th position, offering the highest package MBA Institutes.

For the MBA which is a 2-year full-time post-graduate Diploma in Management:

Course Name	MBA
Fee Structure	INR 1000000
Total Intake	205
Eligibility	IIFT
Website	www.iift.edu

The top 5 Recruiting Companies are as follows:

• Hindustan Unilever Limited
• ITC
• Colgate Palmolive
• Britannia
• Cadbury

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	6.42 LACS	22.2 LACS	12.40 LACS

9) INDIAN INSTITUTE OF MANAGEMENT LUCKNOW-

IIM Lucknow was set up in the year of 1981 in the city of Lucknow, Uttar Pradesh. The Institute was established with the aim of involving international standards of education in its educational strategies. Through these efforts, IIM Lucknow become one of the Best Management Institutes having global excellence. Students of IIML were placed in the well-reputed companies with the highest package offered. Placement at the institute is enough to reveal its golden history. IIM Lucknow has highly educated teaching staff who always work with full dedication to optimize students’ performance. It is at 9^th position in our ranking list.

For PGP which is 2 Years diploma in Management:

Course Name	PGP
Fee Structure	INR 1200000
Total Intake	407
Eligibility	CAT-90 %
Website	www.iiml.ac.in

Top 5 Recruiting Companies are as follows:

• Olam International
• HCL Infosystems
• Amazon
• BMGI
• Bloomberg

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	7.8 LACS	22 LACS	15 LACS

10) MANAGEMENT DEVELOPMENT INSTITUTE–

MDI, Gurgaon came into existence in the year 1973 with the aim of becoming one of the best Management Schools that continues to serve standards of quality education in India. This is the first Institute that started one year Post Graduate Program for executives in 1988. Management Development Institute is an autonomous body located in the near region of the Capital of India and able to become a commercial hub in the field of Management. MDI has SAQS accreditation and has collaborated with many of the top International Business Schools of India. MDI Gurgaon is in 10th position as per our ranking list of Best Colleges for MBA in India with Highest Offered Salary Package.

For PGP which is a 2 Years program in Management:

Course Name	PGP
Fee Structure	INR 1491000
Total Intake	230
Eligibility	CAT-95%
Website	www.mdi.ac.in

The top 5 Recruiting Companies are as follows:

• Genpact
• Vision Express
• TCS
• IBM
• Amazon

Package offered: Salary Heads- Domestic

Salary Scale:	Minimum	Maximum	Average
In INR	6.32 LACS	21.8 LACS	12.8 LACS

 

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Related links:
Best Colleges for MBA in India Rankwise
List of Best MBA Institutes in India in Different Metro Cities
Top MBA Colleges in India According to the Placements

 

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