Best ROI MBA Colleges in India 2023: Fees, Average Salary, Highest Salary
Before joining an MBA college and taking an education loan, you must check the expected ROI of the college. Here's a well-curated list of MBA colleges with the best ROI in India for your reference!
Best ROI MBA Colleges in India 2023:Master of Business Administration (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. Top management colleges in India charge a fortune for their flagship business programs, whether it is a PGP or Post Graduate Diploma in Management (PGDM). However, why is it that the high program fee for MBA has no effect on the popularity of the course? It is because MBA also happens to be one of the best-paying degrees in India.
The exact course fee for a PGDM/MBA course from a reputed college in the country varies on the MBA specialization and other details associated with the course. However, on average, the total fees for a PGDM/MBA course range from INR 10 - 25 lakhs. It is quite obvious that any student who would be willing to invest such a large amount in their education would expect good returns from the course and MBA is a course that delivers on that promise. If you have completed your management education from a good college such as IIM, you are sure to grab an above-average salary package in the Indian context. Here, an important thing to note is the ROI or Return Over Investment of your course.
Also Read: MBA Fees for Management Programmes Offered by B-Schools in India
What is ROI (Return on Investment)?
If you have researched the best B-schools in India, chances are you have come across the term Return on Investment (ROI). ROI basically means how much you are earning after completing a course vs the amount you spend in completing the course. Note that:
A college with low course fees but high salary packages will have a high ROI.
A college with high course fees but the same salary package as the previous college will have a lower ROI than the previous college.
As an MBA is an expensive course, many students are on the lookout for MBA scholarships in India and apply for education loans in India to pay for their courses. For such a student, it is especially important to select an MBA college with a good ROI to ensure that he/ she can pay his student loans on time and get the best salary from their degree. Notably, an Executive MBA course could be a good substitute for an MBA.
In this article, we have provided the b-schools with the best ROI in India. Candidates can check the list below to find out the approx. the program fee, average salary package, highest salary package, and entrance exams of MBA colleges in India that have the best ROIs.
List of MBA Colleges Offering the Best ROI in India
Given below is the list of colleges offering the best return on investments in India. Some of the MBA colleges offering the best placements in India are a part of the list. Check the course fee, average salary package, and highest salary packages of the flagship management courses of the top MBA colleges in India in the table below.
| S.No. | Name of the Institute | Fees | Average Salary Package (in Rs. LPA) | Highest Salary Package (in Rs. LPA) | MBA Entrance Exams Accepted |
| 1. | IIM Ahmedabad | 23 | 26.1 | 55.9 | Common Admission Test (CAT) |
| 2. | IIM Calcutta | 27 | 27.9 | 80 | CAT |
| 3. | IIM Bangalore | 23 | 26.18 | -- | CAT, Graduate Management Aptitude Tes (GMAT) |
| 4. | FMS, Delhi | 1.92 | 32.4 | 58.8 | CAT, GMAT |
| 5. | IIM Rohtak | 16.65 | 13.74 | 22.80 | CAT |
| 6. | IIFT, Delhi | 7.60 | 20.5 | 46.5 | IIFT Entrance Exam, GMAT |
| 7. | IIM Ranchi | 15.30 | 15.11 | 22.37 | CAT |
| 8. | MDI, Gurgaon | 21.34 | 22.1 | 40.5 | CAT |
| 9. | IIM Indore | 16.10 | 22.93 | 50 | CAT |
| 10. | IIM Kozhikode | 19 | 23.08 | 58 | CAT |
| 11. | XLRI, Jamshedpur | 16 | 25.08 | -- | Xavier Aptitude Test (XAT) |
| 12. | IIM Trichy | 16.50 | 15 | 25 | CAT |
| 13. | SPJIMR, Mumbai | 18.57 | 26.4 | 51 | CAT, XAT, GMAT |
| 14. | JBIMS, Mumbai | 6 | 27.63 | 34.36 | CAT, MAH MBA CET, GMAT |
| 15. | NMIMS, Mumbai | 17.50 | 18.33 | 38.57 | NMAT by GMAC |
| 16. | IIM Shillong | 14.60 | 18.76 | 48.50 | CAT |
Note: The data provided in the above table is as per the latest information available on the college website. The information is subject to change with time.
Also Read: MBA Fees in India: Check Fees of Top MBA Colleges in India
Other Private MBA Colleges Offering Good ROI
Apart from the top MBA colleges provided above, you can also consider some colleges provided below. All these colleges have a good placement record and their annual fee is affordable.
College | Fees (Annually) | Average Placement |
INR 2.98 lakh | INR 7.4 lakh | |
INR 2.33 lakh | INR 8.5 lakh | |
INR 2.58 lakh | INR 5.1 lakh | |
INR 2.88 lakh | INR 7.5 lakh | |
INR 1.5 lakh | INR 4.5 lakh | |
INR 2.95 lakh | INR 6 lakh | |
INR 2.55 Lakh | INR 12.5 lakh | |
INR 1.25 lakh | INR 5 lakh |
There are various other b-schools as well that offer good ROI. If you are taking a loan, it is very important to check out the placement record of colleges while picking out colleges for admission. Make sure that the college offers stable placement opportunities before applying. As long as the college provided an ROI of 1-2 years, it is safe to take a loan for admission.
If you have a query, ask our experts on the CollegeDekho QnA Zone. For help with admission into management colleges in India, just fill out our Common Application Form (CAF) or call our toll-free student helpline number 1800-572-9877. Best of luck!
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FAQs
What factors should I keep in mind while choosing a good B-School?
When choosing a good B-School, consider factors such as program reputation, faculty quality, campus infrastructure, industry exposure, placement opportunities, alumni network, and return on investment. It's also important to evaluate the school's culture and fit with your personal and professional goals.
How ROI can be helpful in MBA college selection?
ROI (Return on Investment) can be helpful in college selection by helping students and their families compare the cost of attending different colleges with the expected earnings after graduation. By considering the ROI, students can make a more informed decision about which college to attend based on the potential financial benefits.
Which MBA college has the best ROI in India?
Indian Institute of Management (IIM), Calcutta has the highest ROI among MBA colleges in India, with an average salary of INR 27 LPA and the highest salary of INR 80 LPA with a fee of INR 27 LPA for a two-year programme.
What factors determine ROI for an MBA?
The factors that determine ROI (Return on Investment) for an MBA (Master of Business Administration) include the cost of the program, potential salary increase after graduation, job market demand, industry, and geographic location. Other factors such as networking opportunities, program reputation, and career advancement options may also impact ROI.
Does ROI matter in MBA?
Yes, ROI (Return on Investment) is an important factor to consider when pursuing an MBA. It helps evaluate the potential financial benefits of the degree in relation to its cost. However, it's not the only factor to consider, as the non-financial benefits of an MBA, such as networking opportunities and career advancement, should also be taken into account.