While IIMs grab most of the spotlight, several Non-IIM B-schools are quietly redefining what ROI and placement power look like.
These institutes have shown consistent placement trends, strong alumni networks, and industry-backed programs that compete directly with the IIM ecosystem.

Top Non-IIM Performers:

• FMS Delhi – ₹34.10 LPA average | Fees under ₹2.5 L | Best ROI in India

• ISB Hyderabad – ₹34.20 LPA | Global alumni base, strong consulting and tech roles

• SPJIMR Mumbai – ₹32.00 LPA | Known for industry immersion and leadership focus

• XLRI Jamshedpur – ₹31.08 LPA | Premier institute for HR and General Management

• IIFT Delhi – ₹27.30 LPA | International Business and trade-focused curriculum

• TISS Mumbai – ₹28.30 LPA | Flagship HRM & Labour Relations program

• SJSOM IIT Bombay – ₹28.01 LPA | Tech-meets-management advantage

• JBIMS Mumbai – ₹26.10 LPA | Located in the finance hub with top consulting placements

• SIBM Pune & NMIMS Mumbai – ₹25 LPA+ | Private B-school consistency with strong corporate ties