Looking for Best ROI MBA Colleges in India? Get List of Colleges, Eligibility, Courses, Fee Structure, Cutoff, Admission Procedure and Placements.
An MBA is one of the most sought-after courses in India offered at approximately 3200 MBA colleges in the country. It is also one of the most costly degrees in India with continuously rising tuition rates. As a result, it is necessary for students to pursue their studies at the best ROI MBA colleges in India.
Several B-schools in India offer high-quality education, peer learning, and industry exposure and guarantee a high ROI (return on investment) with minimal fees and better placements. It is extremely important for students to choose an MBA program with a high ROI so as to repay their student debts on time and earn the highest salary possible from their MBA degree. More details about some of the best ROI MBA colleges in India such as the course fee, average salary package, highest salary package, and more are covered in this article.
Table of Contents
- What is Return on Investment (ROI)?
- Top 10 ROI MBA Colleges in India
- Other Best ROI MBA Colleges in India
- Other Private MBA Colleges Offering Good ROI
What is Return on Investment (ROI)?
MBA is not only one of the most popular courses in India but it also ranks high among the most expensive courses in the country. However, the high program fee for MBA has no effect on the popularity of the course because an MBA degree also happens to be one of the best-paying degrees in India.
The term Return on Investment (ROI) basically means how much one will be earning after the completion of the course vs the amount one spent in completing the course. Students willing to pursue an MBA course are on the lookout for MBA scholarships in India and apply for education loans in India to pay for their courses.
For such students, it is very important to select an MBA college with a good ROI to be able to repay their student loans on time and get the best salary from their degree.
Top 10 ROI MBA Colleges in India
MBA is known to be one of the highest-paying degrees in the country and the need for MBA graduates for various roles is increasing with each passing year. Pursuing an MBA degree from a college providing a good return on your investment is very important. Listed below are the best ROI MBA colleges in India for 2022:
- Faculty of Management Studies
- Tata Institute of Social Sciences
- Jamnalal Bajaj Institute of Management Studies
- Delhi School of Economics
- Department of Management Studies, IIT Delhi
- Shailesh J Mehta School of Management
- Department of Financial Studies, Delhi University
- Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
- Vinod Gupta School of Management, IIT Kharagpur
- National Institute of Industrial Engineering
1. Faculty of Management Studies (FMS)
FMS Delhi comes under the Tier 1 B-schools in India and is a vital part of the University of Delhi. It tops the list of B-schools with the best ROI and high placement statistics. With a course fee of INR 1.92 Lakhs, the average salary one can expect comes to around INR 32.4 Lakhs.
FMS Delhi accepts CAT scores for admission and the selection process considers the exam score, group discussion, and personal interview. Some of the top recruiters in FMS Delhi placements are Flipkart, Microsoft, Airtel, Capgemini ELITE, American Express, IDBI Bank, JP Morgan Chase, Axis Bank, India Bulls, SBI, Cadbury India Limited, Kellogs, ITC, Maruti Udyog Limited, Nestle, TATA Motors, P&G, Whirlpool, Wipro, TCS, etc.
Read More: Faculty of Management Studies
2. Tata Institute of Social Sciences (TISS)
Another addition to the list of best ROI MBA colleges in India is TISS which is the oldest college all over Asia for professional social work education. The average course fee is around INR 2 Lakhs and the average salary package comes up to INR 23.97 Lakhs per annum.
TISS has its own entrance exam- TISSNET which is a computer-based exam conducted at the national level. TISSNET score is considered for admission to the master's program. Some of the top recruiters include Accenture, Aditya Birla Group, Flipkart, ITC, Nestle, Flipkart, Marico and Dell Technologies.
Read More: Tata Institute of Social Sciences
3. Jamnalal Bajaj Institute of Management Studies (JBIMS)
JBIMS which is the Department of Management Studies of the University of Mumbai is one of the best B-schools with the best ROI in India. It is also popularly known as “The CEO Factory” and has produced illustrious alumni like Chanda Kochhar, Mani Ratnam, Vinita Bali, Siddharth Roy Kapoor, and many more.
With an average course fee of INR 6 Lakh, the average package that graduates earn is around INR 27.63 Lakhs. Entrance exams such as CAT, MAH-CET, GMAT, MAT, ATMA, and CMAT are considered for admission to JBIMS. Some of the major recruiters in JBIMS placements include Deloitte, EY, PwC, Accenture, Infosys, and KPMG.
Read More: Jamnalal Bajaj Institute of Management Studies
4. Delhi School of Economics (DSE)
The Delhi School of Economics comes under the University of Delhi and is one of India’s best academic institutions in social sciences, economics, commerce, and business. It provides popular master’s programs such as the Master of International Business (MIB) and the Master of Human Resource Development (MHRD). Valid CAT scores are considered for admission to DSE.
The average course fee at DSE is INR 30,392 and the average package comes up to INR 13.94 Lakhs per annum. Some of the top recruiters include 3EA, Airtel, CitiBank, Calvin Klein, Bira, Bluestacks, Hyundai, ICICI Bank, Delhivery, DHL Supply Chain, etc.
Read More: Delhi School of Economics
5. Department of Management Studies (DMS), Indian Institute of Technology, Delhi
The Department of Management Studies offers postgraduate degrees in various management courses offered at the Indian Institute of Technology, Delhi. With great placement statistics, DMS Delhi comes under the list of best ROI MBA colleges in India.
It considers the CAT score for admission to various master’s programs. The average course fee at DMS Delhi is INR 8.8 Lakhs and the average salary package is around INR 21.9 LPA. Companies like Rockwell Automation, Accenture, Capgemini, Texas Instruments, Paytm, Reckitt, Amway, Indegene, Hero, etc are some of the top recruiters at DMS placements.
Read More: Department of Management Studies, IIT Delhi
6. Shailesh J Mehta School of Management (SJMSOM)
SJMSOM is the Department of Management under the Indian Institute of Technology, Bombay. CAT and GMAT scores are considered for admission to master’s programs offered at SJMSOM.
The average course fee at SJMSOM is INR 8.7 Lakhs and students earn an average package of INR 25.9 LPA upon graduation. Some of the top recruiters include JP Morgan, ICICI Bank, Infosys Consulting, KPMG Global Services, PwC India, Wipro, MAQ Software, Accenture Strategy, Accenture Technology Consulting, Deloitte, USI, GEP, etc.
Read More: Shailesh J Mehta School of Management
7. Department of Financial Studies (DFS), Delhi University
The Department of Financial Studies at the University of Delhi is one of the top B-schools considered among the best ROI MBA colleges in India. It has an average course fee of INR 26,000 and the average salary package earned by graduates is INR 13.3 LPA.
CAT scores are considered for admission to master's in management programs at DFS. Top recruiters include DE Shaw, Arcesium, Barclays, HDFC Bank, Fractal, EY, and KPMG, among others.
Read More: Department of Financial Studies, Delhi University
8. Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
SIMSREE which is a part of the University of Mumbai is one the top B-schools with the best ROI in the country. The course fee is INR 1.38 Lakhs and the average package earned is INR 13.3 LPA. The highest package in the latest placement season was 25 LPA.
CAT, XAT, MAH-CET, CAT, ATMA, and CMAT scores are considered for admission to SIMSREE. Some of the biggest recruiters in the SIMSREE placement drive are EY, Capgemini, Infosys, Barclays Investment Bank, Axis Bank, Godrej & Boyce, NielsenIQ, etc.
Read More: Sydenham Institute of Management Studies, Research and Entrepreneurship Education
9. Vinod Gupta School of Management (VGSoM), IIT Kharagpur
VGSoM is the Department of Management at the Indian Institute of Technology Kharagpur. The course fee is INR 11.5 Lakh and the average salary package is INR 19.36 LPA.
CAT and GMAT scores are considered for admission to VGSoM. Companies such as Diageo, Johnson & Johnson and Titan, EY, Inspirage, PwC, Protiviti, Accenture Digital, Axtria, Ford, and MuSigma visited the campus for the placement drive.
Read More: Vinod Gupta School of Management, IIT Kharagpur
10. National Institute of Industrial Engineering (NITIE)
NITIE is one of the top B-schools considered among the best ROI MBA colleges in India. It has an average course fee of INR 14 Lakhs and an average package of INR 25.4 LPA. In the recent placement season, the highest package was around INR 44 LPA and the average packages of the top 10% and 20% of the batch were INR 35.84 LPA and INR 31.27 LPA respectively.
CAT score is taken into consideration for admission to NITIE. Some of the top recruiters include Amazon, Deloitte, KPMG, Flipkart, EY, IDFC First, Asian Paints, Google, Accenture Strategy, GEP, HUL, ITC, etc.
Read More: National Institute of Industrial Engineering
Other Best ROI MBA Colleges in India
Tabulated below is the list of best ROI MBA colleges in India along with the course fee and highest salary package:
|Name of the Institute||Fees||Highest CTC|
|IIM Ahmedabad||23 Lakhs||55.9 LPA|
|IIM Calcutta||27 Lakhs||80 LPA|
|IIM Bangalore||23 Lakhs||-|
|Faculty of Management Studies, Delhi||2 Lakhs||58.8 LPA|
|IIM Rohtak||16.65 Lakhs||22.80 LPA|
|IIFT Delhi||7.60 Lakhs||46.5 LPA|
|IIM Ranchi||15.30 Lakhs||22.37 LPA|
|MDI Gurgaon||21.34 Lakhs||40.5 LPA|
|IIM Indore||16.10 Lakhs||50 LPA|
|IIM Kozhikode||19 Lakhs||58 LPA|
|XLRI Jamshedpur||16 Lakhs||-|
|IIM Trichy||16.50 Lakhs||25 LPA|
|Department of Business Economics, Delhi||25 K||21.5 LPA|
|Department of Management Sciences, Savitribai Phule Pune University||1-2 Lakhs||13.55 LPA|
|SPJIMR Mumbai||18.57 Lakhs||51 LPA|
|NMIMS Mumbai||17.50 Lakhs||38.57 LPA|
|IIM Shillong||14.60 Lakhs||48.50 LPA|
|SIMSREE, Mumbai||1.5 Lakhs||17 LPA|
|TISS, Mumbai||2-3 Lakhs||29.32 LPA|
|SJMSOM, IIT Bombay||2.26 Lakhs||32.8 LPA|
|JBIMS, Mumbai||6 Lakhs||44.00 LPA|
|IIT Delhi||9.60 Lakhs||33.8 LPA|
|VGSOM, IIT Kharagpur||11.6 Lakhs||26.5 LPA|
|NITIE, Mumbai||14 Lakhs||44 LPA|
|IMT Ghaziabad||19.53 Lakhs||62 LPA|
|UBS, Chandigarh||2.4 Lakhs||53 LPA|
Other Private MBA Colleges Offering Good ROI
In addition to the best ROI MBA colleges in India mentioned above, students can also consider the colleges provided below that have a good placement record and affordable annual fees:
|College Name||Annual Fee||Average Placement|
|Doon Business School, Dehradun||INR 2.98 Lakh||INR 7.4 Lakh|
|IBMR Business School, Gurgaon||INR 2.33 Lakh||INR 8.5 Lakh|
|The ICFAI University, Dehradun||INR 2.58 Lakh||INR 5.1 Lakh|
|MET Institute of Management, Mumbai||INR 2.88 Lakh||INR 7.5 Lakh|
|SRM University, Sonepat||INR 1.5 Lakh||INR 4.5 Lakh|
|Mody University, Sikar||INR 2.95 Lakh||INR 6 Lakh|
|Chandigarh University, Chandigarh||INR 2.55 Lakh||INR 12.5 Lakh|
|KL University, Guntur||INR 1.25 Lakh||INR 5 Lakh|
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