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When it comes to pursuing an MBA, choosing the right business school makes all the difference. India is home to some of the world’s best management institutes, known for their world-class faculty, global exposure, and excellent placements. Here’s a look at the top MBA colleges in India, their program fees, and average CTCs to help you make an informed choice.
1. IIM Ahmedabad Often ranked as the best MBA college in India, IIM Ahmedabad charges around ₹25 lakh in fees and offers an impressive average CTC of ₹36.2 LPA, making it one of the highest ROI institutes.
2. IIM Bangalore With a fee of ₹24 lakh and an average CTC of ₹35.92 LPA, IIM Bangalore continues to be a dream destination for MBA aspirants who want strong corporate connections and global exposure.
3. IIM Calcutta Known for finance and consulting placements, IIM Calcutta offers an average salary of ₹35.07 LPA against a fee of ₹25 lakh, making it a top choice for students aspiring for investment banking and strategy roles.
4. ISB Hyderabad The Indian School of Business (ISB) is renowned for its one-year MBA program. With fees of ₹41 lakh and an average CTC of ₹34.21 LPA, ISB attracts global recruiters and professionals with prior work experience.
5. FMS Delhi Known as the best ROI MBA college in India, FMS Delhi charges just ₹2 lakh for its MBA program while offering an average CTC of ₹34.1 LPA. This makes it the most value for money B-School.
6. XLRI Jamshedpur Specializing in HR and Business Management, XLRI has a fee structure of ₹27 lakh and average salaries close to ₹29.89 LPA.
7. IIM Lucknow With ₹25 lakh in fees and ₹30 LPA average salary, IIM Lucknow stands strong among the older IIMs, offering diverse placements in consulting, finance, and general management.
8. SP Jain Institute, Mumbai A top non-IIM B-School, SP Jain offers an MBA at ₹24 lakh fees and provides an average package of ₹33 LPA.
9. IIM Kozhikode With ₹25 lakh in fees and ₹28.05 LPA average salary, IIM Kozhikode has seen rapid growth, especially in consulting and analytics roles.
10. IIM Indore Known for its balanced pedagogy and strong alumni network, IIM Indore charges ₹25 lakh with an average CTC of ₹25.68 LPA.
11. JBIMS Mumbai Popularly called the “CEO Factory,” JBIMS has one of the lowest fees among top MBA colleges, just ₹6 lakh, with an average CTC of ₹27 LPA, making it another high ROI institute.