IIT MBA Average Package 2026
The Indian Institute of Technology is mostly known for engineering and technology courses, but its management school also has emerged as a good alternative for MBA aspirants. Schools like IIT Delhi, IIT Bombay, IIT Madras and IIT Kharagpur are also getting a lot of interest from students seeking a blend of management education, analytical exposure and the IIT brand. This is one of the main reasons why they're becoming so popular.
The average package of the top management institutes of IIT in 2026 is generally in the range of ₹18 lakh to ₹28 lakh per annum on average, depending on the institute and the graduating class of students.
Here are the average CTC statistics for students to consider:
Institute | Average CTC |
SJMSoM, IIT Bombay | ₹28.16 LPA |
DMS, IIT Delhi | ₹22.52 LPA |
VGSoM, IIT Kharagpur | ₹22.75 LPA |
DoMS, IIT Madras | ₹17.90 LPA |
DoMS, IIT Kanpur | ₹17.20 LPA |
DoMS, IIT Roorkee | ₹17.91 LPA |
MBA Placement Reports of Top IITs in 2026
A placement report offers a better view than the highest salary offered. IIT Bombay's SJMSOM had a great 2026 season. It offered an MBA course of 126 students and the institute claimed a 100% placement rate. The average package was at the rate of ₹28.16 LPA and the highest package offered was ₹53.8 LPA. The top 75 percentile had a median package of ₹30.95 LPA and the outcome was not just influenced by a few very high packages.
Recruitment sectors that topped the list were consulting and some of the recruiters were Asian Paints, ICICI Bank, Amazon and Deloitte among others.
Institute | Highest CTC | Average CTC | Median CTC |
SJMSOM, IIT Bombay | ₹53.80 LPA | ₹28.16 LPA | ₹26.00 LPA |
DMS, IIT Delhi | ₹43.55 LPA | ₹22.52 LPA | ₹22.50 LPA |
VGSoM, IIT Kharagpur | ₹37.63 LPA | ₹22.75 LPA | ₹22.15 LPA |
DoMS, IIT Madras | ₹35.50 LPA | ₹17.90 LPA | ₹18.00 LPA |
DoMS, IIT Kanpur | ₹36.00 LPA | ₹17.20 LPA | ₹16.50 LPA |
DoMS, IIT Roorkee | ₹24.00 LPA | ₹17.91 LPA | ₹17.64 LPA |
Which IIT Has the Highest MBA Average Package?
IIT Bombay's Shailesh J. Mehta School of Management, according to the available placement data for 2026, boasts the highest average package among the top IIT management schools included in this analysis. The average of its ₹28.16 LPA rating is better than the latest reported data of IIT Delhi, IIT Kharagpur and IIT Madras.
The type of opportunities is also important. The value of someone interested in consulting may be different from that of someone targeting an operation/analytics/finance/marketing role at IIT Bombay or IIT Kharagpur. So, the average and median salary, recruiter mix, job role, placement percentage and career progression should be taken into account in the right comparison.
Also Read: MBA From IITs: Admission Process, Placements, Fee Structure
IIT MBA Fees vs Average Salary: ROI Comparison
One of the better advantages of an IIT MBA course is that it offers relatively good ROI. Among private B-schools, there are management programs in leading IITs that can provide a decent package without paying an exorbitant amount of tuition fees.
But these fees when compared with the average reported salaries come across as appealing. For instance, the average package of IIT Bombay is Rs. 28.16 LPA, while the programme fee is around Rs. 15.56 lakh. In fact, the latest reported average of ₹22.52 LPA at IIT Delhi works out to be better than its tuition fee of ₹12 lakh.
Here is the ROI comparison for for various IITs:
Institute | Fees | Average CTC | ROI |
SJMSoM, IIT Bombay | ₹15.55 lakh | ₹28.16 LPA | 1.81× |
DMS, IIT Delhi | ₹12.00 lakh | ₹22.52 LPA | 1.88× |
VGSoM, IIT Kharagpur | ~₹12.94 lakh | ₹22.75 LPA | 1.×76x |
DoMS, IIT Madras | ~₹12.27 lakh | ₹17.90 LPA | 1.46× |
DoMS, IIT Kanpur | ~₹5 lakh | ₹17.20 LPA | 3.44x |
DoMS, IIT Roorkee | ~₹9.6 lakh | ₹17.91 LPA | 1.87× |
IIT MBA vs IIM MBA: Salary and Placement Comparison
Comparing IIT with IIM is not that easy. The older IIMs, especially IIM Ahmedabad, Bangalore and Calcutta have an impressive track record in placements and extended legacy in the field of management education. They are also well entrenched in their recruiter networks in the fields of consulting, finance, FMCG, general management and more.
But IIT management schools have an edge with their technology-driven environment. Students meet people from engineering or technology backgrounds, institutes like IIT Bombay or IIT Delhi also have good links with technology firms and analytical jobs. The average salary of IIT Bombay students for 2026 placements has been at ₹28.16 LPA, showing that an IIT MBA can stand tall against many of the prominent management schools when it comes to salary.
Here is the comparison:
Institute | Fees | Highest CTC | Average Package |
IIM Ahmedabad | Rs. 27.5 Lakhs | Rs. 2.2 Cr | Rs. 34.45 LPA |
IIM Calcutta | Rs. 27 Lakhs | Rs. 1.45 Cr | Rs. 36 LPA |
IIM Lucknow | Rs. 20.75 Lakhs | Rs. 1 Cr | Rs. 33.2 LPA |
IIM Kozhikode | Rs. 23.5 Lakhs | Rs. 81 LPA | Rs. 28.18 LPA |
SJMSoM, IIT Bombay | Rs. 14.7 Lakhs | Rs. 53.8 LPA | Rs. 25.82 LPA |
DMS, IIT Delhi | Rs. 12 Lakhs | Rs. 43.55 LPA | Rs. 22.5 LPA |
So it's not just a matter of what's the name of the institute. The aspirant should also take into consideration the details of the programme, fee, batch size, profile of the recruiters, placement consistency, preferred career domain, and personal profile. An investment banker or top-tier consulting candidate might focus on a different group of schools than an analytics, operations, product management or technology consulting candidate.
Factors Affecting MBA Placements at IITs
The placement results of IIT management schools are dependent on several factors.
- Recruiters: The first one is the quality and diversity of the recruiters themselves. A strong recruiter base, which means multiple industries available to the students and lesser dependence on a single sector. For example, 51 recruiters participated in the IIT Bombay placement process for the year 2026, and many consulting firms and big corporate employers took part in the process.
Student profiles: Academic performance, work experience, prior internships, certifications, and extracurricular activities along with communication skills are all factors that may be used in the shortlisting process. The nature of campus visitors can be influenced by the batch profile. A quantitative, analytical and problem-solving mindset might be an asset for candidates seeking a career in consulting, analytics or finance; and leadership experience and internships that are relevant to the industry could benefit those looking to general management or marketing careers. - Economic climate: Business growth, interest rates, industry demand and business expansion plans are some of the factors that influence the hiring plans of companies. A robust economy may mean that there will be more recruiters and better pay; an economy that is more conservative about hiring could mean fewer offers.
- Network of alumni and industry connections: The placement season is not solely the reason for placement performance; placement performance can be established throughout the years by the relationships developed with recruiters, alumni presence and the reputation of alumni. It is one of the many reasons why leading IIT MBA programs continue to woo corporates despite being in competition with the other well-established IIMs and other top-notch B-schools.
Conclusion
The IIT MBA Average Package 2026 figures show why IIT management schools have become attractive alternatives for MBA aspirants. With IIT Bombay reporting an average CTC above ₹28 LPA and IIT Delhi and IIT Kharagpur above ₹22 LPA in the figures covered here, several IITs offer competitive placement opportunities alongside the wider IIT ecosystem.
However, average salary should not be the only factor while selecting an MBA college. Candidates should compare fees, median CTC, placement percentage, batch size, recruiters, preferred roles and long-term career opportunities. For aspirants seeking a combination of strong ROI, management education and technology-driven exposure, the leading IIT MBA programmes deserve serious consideration.
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