MBA Colleges in India with the Best ROI
An MBA is one of the most expensive postgraduate degrees in India. On average, the total cost of pursuing an MBA or PGDM from any of the IIMs exceeds ₹20 lakhs. Naturally, students making such a significant investment expect strong returns from their chosen colleges.
What is ROI in MBA?
ROI (Return on Investment) refers to the value you get in return for your education investment. In simple terms, a college with low fees but offers a high average salary package has a good ROI.
Since MBA courses often require students to take loans, it's important to choose a college where the potential salary will allow you to repay your loan quickly and comfortably.
Top MBA Colleges in India with Best ROI (2024–2025)
| Rank | College | Course Fees | Average Placement Package (LPA) |
|---|---|---|---|
| 1 | Faculty of Management Studies (FMS), Delhi | ₹2 Lakhs | ₹34.1 LPA |
| 2 | Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | ₹6.10 Lakhs | ₹27 LPA |
| 3 | IIM Mumbai (formerly NITIE Mumbai) | ₹21 Lakhs | ₹33.84 LPA (Top 50%) |
| 4 | ₹1.7 Lakhs (Approx.) | ₹26.31 LPA | |
| 5 | Department of Management Studies, IIT Delhi | ₹9.60 Lakhs | ₹25.82 LPA |
| 6 | Vinod Gupta School of Management, IIT Kharagpur (VGSoM) | ₹12.85 Lakhs | ₹20.83 LPA |
| 7 | Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE), Mumbai | ₹1.38 Lakhs | ₹12 LPA |
| 8 | Institute of Rural Management Anand (IRMA) | ₹16.75 Lakhs | ₹14.14 LPA |
| 9 | Department of Industrial and Management Engineering, IIT Kanpur | ₹8 – ₹8.38 Lakhs | ₹18.20 LPA |
| 10 | Birla Institute of Technology and Science (BITS), Pilani | ₹6.53 Lakhs | ₹16.48 LPA (MBA Business Analytics) |
| 11 | Shri Ram College of Commerce (SRCC), Delhi | ₹3.2 Lakhs | ₹8.63 LPA |
| 12 | Department of Management Studies, IIT Madras | ₹8 Lakhs | ₹16.93 LPA |
| 13 | University Business School (UBS), Chandigarh | ₹39,570 | ₹13.72 LPA |
| 14 | Department of Management Sciences (PUMBA), Pune | ₹1.3 – ₹1.5 Lakhs | ₹11.23 LPA |
| 15 | Delhi School of Economics (DSE), University of Delhi | ₹48,770 | ₹13.94 LPA |
Understanding ROI in MBA Education
Return on Investment (ROI) in the context of MBA education refers to the value you receive in return for the money and time invested in your degree. A high ROI indicates that the average salary package offered to graduates is significantly higher than the cost of the program. This is particularly important for students who may need to take loans to finance their education, as a higher ROI can facilitate quicker loan repayment and better financial stability post-graduation.
Frequently Asked Questions (FAQs)
Q1. What does ROI mean in the context of MBA?
ROI (Return on Investment) in MBA means the value you get for the money spent on your degree, usually measured by comparing fees with average salary packages.
Q2. Why is ROI important while choosing an MBA college?
Since MBA programs are expensive and often financed by loans, a good ROI ensures you can repay your loan faster and achieve financial stability sooner.
Q3. Which MBA college in India offers the best ROI?
FMS Delhi tops the list with fees around ₹2 lakhs and an average package of ₹34.1 LPA.
Q4. Are there affordable MBA colleges with strong placements?
Yes, colleges like TISS Mumbai, SIMSREE Mumbai, and UBS Chandigarh offer very low fees with strong placement packages, giving them excellent ROI.
Q5. Do only IIMs provide good ROI?
No, several non-IIM institutes such as JBIMS, FMS, TISS, IITs (Delhi, Kharagpur, Kanpur, Madras), and SRCC also provide high ROI.
Q6. How do IIT MBA programs compare in ROI?
IIT Delhi, IIT Kharagpur (VGSoM), IIT Kanpur, and IIT Madras offer moderate fees (₹8–13 lakhs) with placements in the range of ₹16–25 LPA, making their ROI strong.
Q7. Should ROI be the only factor while selecting a B-school?
No, ROI is important but you should also consider factors like faculty, peer group, location, and long-term career opportunities.
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