MBA in India is a stimulating and rewarding career, thus more students apply for the course. India has a plethora of good management colleges that help aspirants fulfill their dreams of pursuing an MBA course.
If you are among the ones looking for the best MBA colleges in India with details of placement, tuition fees, etc. then you have landed on the right page. Check out the list of top MBA colleges in India according to the placements to make a better decision. The placements of MBA colleges play an important factor while making the best decision. The variety of placement options differs from institute to institute, and it is decided by the institution’s reputation, and the quality of the education provided, among other factors.
Entrance Exams for Pursuing
Some of the most popular entrance exams conducted to shortlist the most eligible candidates for an MBA course include CAT, GMAT, MAT, XAT, SNAP, etc.
Top Government MBA colleges in India
Check out the ranking list of top MBA colleges in India based on their placement factor and quality of education.
| Rank | Name of the College | Maximum Salary | Average Salary | Total Companies Visited |
| 1 | IIM Ahmedabad | INR 82 Lakhs | INR 30 Lakhs | 120 |
| 2 | IIM Bangalore | INR 80 Lakhs | INR 33.82 Lakhs | 137 |
| 3 | IIM Calcutta | INR 87.36 Lakhs | INR 34.2 Lakhs | 192 |
| 4 | FMS Delhi | INR 60 Lakhs | INR 32.4 Lakhs | – |
| 5 | IIM Kozhikode | INR 61.5 Lakhs | INR 26.5 Lakhs | 116 |
| 6 | IIM Indore | INR 70 Lakhs | INR 25.01 Lakhs | 180 |
| 7 | IIT Delhi | INR 36.7 Lakhs | INR 21.9 Lakhs | – |
| 8 | IIM Lucknow | INR 58 Lakhs | INR 31.03 Lakhs | 213 |
| 9 | IIT Kharagpur | INR 31.98 Lakhs | INR 19.36 | 20+ |
| 10 | IIT Bombay | INR 49 Lakhs | INR 25.9 Lakhs | – |
Indian Institute of Management, Ahmedabad
IIM Ahmedabad is listed among the best B-schools for MBA in India and has been delivering quality education since its inception. Thousands of candidates apply for an MBA course at IIM Ahmedabad to kick-start their careers.
IM Ahmedabad has recently completed placements 2022, which was organized in 3 parts. For MBA, a total of 220 offers were made by 190 firms. The maximum package offered to MBA graduates this year was INR 82 LPA for the consulting role while the median Salary was INR 30 LPA.
- Tuition Fee: Rs. 9,50,000 per academic year
- Total Intake of Students: 385
- Minimum Score for qualifying : > 99%ile (CAT), 730(GMAT)
| Institute | No. of Companies Participated | No. of Offers Accepted | Highest CTC | Top Recruiter |
| IIM Ahmedabad | 120 | 119 | INR 82 LPA | Google, Microsoft, Amazon |
Indian Institute of Management, Bangalore
IIM Bangalore is the second-best NIRF rated B-school in India and is regarded as the best management college in central Asia. IIM Bangalore is another name on the list of top MBA colleges in India. The institute was established in 1973 and has today occupies an eminent position among the country’s top B-schools.
According to the placement report 2022, the average salary offered to MBA graduates was INR 33.82 LPA while the median salary was INR 31.2 LPA.
- Tuition Fee: Rs. 16,00,000 (Total for PGDM)
- Total Intake of Students – 382
- Minimum Score for qualifying – >99%ile (CAT), 710 (GMAT)
| Institute | No. of Companies Participated | No. of Offers | Highest CTC | Top Recruiter |
| IIM Bangalore | 137 | 662 | INR 80 LPA | Accenture Strategy, Amazon, Microsoft |
Indian Institute of Management, Calcutta
IIM Calcutta is not only popular for being the oldest IIM in the country but also for its ROI. The average salary package for the MBA program starts from INR. 25 LPA. For the year 2022, the batch achieved 100% placements with an average salary of INR 34.2 LPA and a Median Salary of INR 31 LPA.
- Tuition Fee: Rs. 13.5 Lacs (Total for PGDM)
- Total Intake of Students: 459
- Minimum Score for qualifying : >99.59(%ileCAT), 730(GMAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC | Top Recruiter |
| IIM Calcutta | 192 | 640 | INR 87.36 LPA | Amazon, Flipkart, Microsoft |
Faculty of Management Studies, Delhi
Faculty of Management Studies(Delhi) or FMS Delhi is largely ranked among the topmost four great Business Schools in India – The Week (2020).
FMS Delhi has concluded the placements 2022 drive for its MBA 2020-22 batch with a 100% placement record. The highest and average packages offered during FMS Delhi placements 2022 were INR 60 LPA and INR 32.4 LPA, respectively.
- Tuition Fee: Rs.21000 (Total for MBA )
- Total Intake of Students: 228
- Minimum Score for qualifying : >95%ile (CAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC | Top Recruiter |
| FMS Delhi | – | 262 | INR 60 LPA | Boston Consulting Group, Nykaa, Paytm |
Xavier Labour Relations Institute, Jamshedpur (XLRI)
This institute was established in 1949 and since then has been offering esteemed college for MBA courses. It is among the most legendary private colleges in India. XLRI has concluded the final placements for the year 2022 and recorded a 100% placement during XLRI placements 2022.
The maximum domestic package and average package offered during XLRI placements 2022 were INR 60+ LPA and INR 30.73 LPA, respectively.
- Tuition Fee: Rs. 15 Lacs ( Total for PGDM)
- Total Intake of Students: 360
- Minimum Score for qualifying : >98.9%ile (XAT), >630 (GMAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC | Top Recruiter |
| XLRI Jamshedpur | 99 | – | INR 60 LPA | Swiggy, American Express, FreshWorks |
Indian Institute of Management, Indore
Established in 1996, the Indian Institute of Management (IIM), Indore is the sixth IIM established under the IIM legacy. Ranked 5 among other IIMs by the NIRF India Ranking 2021, it is among the finest public B-schools in the country offering MBA courses to the most deserving candidates.
IIM Indore is conducting its placement drive for the batch 2020-22, over 180 recruiters participated in the placement drive among which 30 were first-time recruiters and the Highest CTC stood at INR 70 LPA and the Average CTC stood at INR 25.01 LPA an increase of 6% than last year. A total of 572 students from the two–year flagship postgraduate program (PGP) and 5-year integrated program in Management (IPM) participated in the placement drive.
- Tuition Fee: Rs. 13 Lacs ( Total for MBA)
- Total Intake of Students: 228
- Minimum Score for qualifying : >95%ile (CAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC | Top Recruiter |
| IIM Indore | 180 | – | INR 70 LPA | Accenture Strategy, BMW, Cisco |
Narsee Monjee Institute of Management Studies, Mumbai ( NMIMS)
NMIMS is considered as the 7th best college in B-school ranking. The institute offers several courses in collaboration with the Harvard School of Business.
The final report of NMIMS Mumbai Placements 2022 has been released. According to the report, the highest salary package, which stood at INR 57.65 LPA, increased by 66.04% (approximately) as compared to the last year. Students received an average salary of INR 23.07 LPA which is also 25.04% higher compared to the previous year.
- Tuition Fee: Rs.4,60,000
- Total Intake of Students: 540
- Minimum Score for qualifying: 210/360 (NMAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC | Top Recruiter |
| MDI Gurgaon | 150 | – | INR 57.65 LPA | Aditya Birla Capital, EY, Capgemini, Cognizant, ICICI Bank |
Management Development Institute, Gurgaon ( MDI)
MDI is an ideal option for the candidates planning to pursue MBA from a self-constituted private business institute. This institute was established in 1973 in partnership with several international institutes. Also, the institute has received SAQS accreditation and AMBA (London) accreditation.
MDI Gurgaon placement process for the batch 2022 has been concluded and the institute recorded exceptional salaries for its PGDM class this year. There was a 160% increase in the Highest CTC which stood at INR 1.14 CPA and there was a 13% increase in the Average CTC which stood at INR 26.07 LPA. Notably, over half of MBA candidates (46%) obtained a salary of more than INR 25 lakhs.
- Tuition Fee: Rs. 14.9 Lacs ( Total for PGPM)
- Total Intake of Students- 505
- Minimum Score for qualifying – >95 %ile(CAT), 680(GMAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC | Top Recruiter |
| MDI Gurgaon | 85 | – | INR 1.14 CPA | KPMG, Deloitte, PwC, Accenture |
Indian Institute of Management, Lucknow
Established in 1984, this institute has a satellite campus for the exclusive and reformed education system for its students. IIM Lucknow Popularly known as IIML has concluded its placement drive for the batch 2022 of the Post Graduate Programme (PGP) and Agro-Business Management (ABM).
The Highest International CTC stood at INR 61.59 LPA whereas the Highest Domestic CTC of INR 58 LPA and the Average CTC stood at INR 31.03 LPA was offered with an increase of 19.3%. The institute wrapped up placements in record two days. Around 534 offers were made to 491 participating recruiters. A total of 183 PPOs were offered.
- Tuition Fee: Rs. 13 Lacs ( Total for MBA)
- Total Intake of Students: 295
- Minimum Score for qualifying : >90%ile (CAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC (Range) | Top Recruiter |
| IIM Lucknow | 52+ | 350+ | INR 58 LPA | Microsoft, Mynta, Wizo Games |
Indian Institute of Management, Kozhikode
Established in 1996, the Indian Institute of Management Kozhikode is a joint effort by the Government of India and the State Government of Kerala. The institute is ranked 6 out of 100 top Management colleges in India – the National Institutional Ranking Framework (NIRF) 2020.
IIM Kozhikode has recently completed its final placement process for its 24th batch of PGP with the inaugural batches of PGP- Finance (PGP-F) and PGP Liberal Studies and Management (PGP-LSM). With more than 116 recruiters and 571 offers to 546 students, IIM Kozhikode placements 2022 was a great success. The maximum and median package offered during the placement round was INR 61.5 LPA and INR 26.5 LPA, respectively.
- Tuition Fee: Rs. 4,80,000 Per Annum
- Total Intake of Students: 328
- Minimum Score for qualifying : >85%ile (CAT)
| Institute | No. of Recruiters | No. of Offers | Highest CTC (Range) | Top Recruiter |
| IIM Kozhikode | 116 | 571 | INR 61.5 LPA | Accenture, Amazon, Microsoft |
In India, a lot of colleges offer MBA courses to the most deserving students with excellent learning methods and advanced infrastructure. With a surge in the demand for MBA professionals, more aspirants are applying for the MBA course.
So make the right decision by choosing the best MBA College based on their placements, tuition fees, ranking, etc.
