Top B-Schools With Best ROI In India 2024, Check Now

by Rishabh Sethi Tue 16 Jul 2024 12:45 PM 816
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Top B-Schools With Best ROI: When planning to pursue an MBA, several critical factors need to be taken into account. Firstly, the cost is a significant consideration, as an MBA is not an affordable course for many in India.

Secondly, the specialization you choose is crucial. Colleges known for their expertise in consulting may not necessarily offer the best education and exposure in finance, and vice versa.

Thirdly, the location of the college plays a role. While many IIMs include hostel charges, weekly outings and the overall cost of living in the city are additional expenses to consider.

Lastly, placements are a vital factor when selecting an MBA college, as they significantly influence future career opportunities. Students generally neglect these factors while choosing the college, which they realise later. In summary, the four main considerations when choosing an MBA college are:

  1. Affordability
  2. Specialization
  3. Location
  4. Placements

High ROI MBA Colleges

The Return on Investment (ROI) is an important consideration when choosing an MBA programme. ROI calculates the net present value (NPV) of all educational costs, including living expenditures and MBA salary. High ROI MBA schools provide competitive pay packages that more than offset the cost of tuition, along with financial and career rewards. These are a few of India's best MBA schools that provide a strong return on investment.

Why is it necessary to look at High ROI colleges?

  1. Considering how much school is becoming, a lot of students need loans. Students who attend colleges with high return on investment (ROI) are more likely to land well-paying jobs after graduation, which will help them pay back their loans quickly. This lessens the long-term financial strain brought on by student loan debt.
  2. High ROI universities often have a strong network of elite businesses and a stellar placement record. Leading recruiters are drawn to these institutions, thus graduates are guaranteed access to exclusive job opportunities that may not otherwise be available.
  3. Alumni networks are crucial for graduates from colleges with excellent return on investment. These networks offer employment possibilities, career guidance, and mentorship. Joining a powerful alumni network can have a big impact on a graduate's career path.
  4. Graduates from high ROI universities have greater career chances and higher earning potential, which increases their likelihood of experiencing financial stability. Better financial planning, savings, and investment opportunities are made possible by this steadiness, which adds to a future that is more secure.

Top 10 ROI MBA Colleges in India

All this being said, the table below shows you the High ROI colleges in India, their fees, the average placement, number of seats and expected cut-offs.

The rest of the blog below it briefly describes the colleges.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
FMS2 Lakh34.1LPA31499.2+
JBIMS6.10 Lakh28.02 LPA15099.99
TISS Mumbai3.5 - 4.20 Lakh27.22 LPA66260+ (CUET)
IIT - B (SJMSOM)14.77 Lakh (aprox)28.88LPA11598-99
IIT Delhi12 Lakh25.5LPA11598+
IIT K (VGSoM)12.8 Lakh22LPA20097.5+
IIT Madras (DOMS)13 Lakh20LPA6898+
XLRI - Jamshedpur27.40 Lakh28.89 LPA420 (BM+HR)95+ (XAT)
IIM Lucknow20.75 Lakh (approx)30 LPA56699+
SPJIMR24 Lakh33LPA29299+

Faculty of Management Studies, Delhi

Because of its low tuition and generous average compensation packages, the University of Delhi's Faculty of Management Studies (FMS) is well known for its outstanding return on investment. Situated in the centre of the nation's capital, FMS provides a demanding curriculum, solid industry ties, and placement rates that are almost 100%. Because of its advantageous location in Delhi, which increases internship and employment prospects, it is a popular choice for MBA candidates who want to balance affordability with high-quality education.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
FMS Delhi2 Lakh34.1LPA31499.2+
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Jamnalal Bajaj Institute of Management Studies, Mumbai

One of India's top business schools, Jamnalal Bajaj Institute of Management Studies (JBIMS), is based in Mumbai and is renowned for its high return on investment. Known as the "CEO Factory", the school provides a stimulating curriculum and first-rate job placement assistance; graduates have been offered lucrative positions by leading corporations. JBIMS is a widely sought-after MBA destination because of its advantageous location in Mumbai, the financial centre of India, which offers students plenty of industry exposure, networking opportunities, and a lively business atmosphere.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
JBIMS6.10 Lakh28.02LPA15099.99

Tata Institute of Social Sciences, Mumbai

The Tata Institute of Social Sciences (TISS) in Mumbai does not offer a traditional MBA program. However, it does provide similar management programs such as the MA in Human Resource Management and Labour Relations, Social Entrepreneurship, and Globalisation and Labour, among others. Additionally, TISS offers a self-financed MBA course. Admission to these postgraduate programs is based on the Central University Entrance Test (CUET) for Postgraduates (CUET PG). Candidates must first apply for the CUET exam and ensure they meet the eligibility criteria for the MBA program before applying. It is known for its flagship program MA in HRM & LR

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
TISS Mumbai1.85 Lakh27.22 LPA (HRM & LR)66260+ (CUETPG)

Shailesh J. Mehta School of Management (SJMSOM) [IIT Bombay]

The IIT Bombay Shailesh J. Mehta School of Management (SJMSOM) blends sophisticated management education with the technical expertise of IIT. Renowned for its exceptional return on investment, SJMSOM provides a robust curriculum, state-of-the-art research opportunities, and virtually 100% placement rates along with competitive compensation packages.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
IIT - B (SJMSOM)8L (aprox)28.88LPA11598-99

Department of Management Studies (DMS), IIT Delhi

IIT Delhi's Department of Management Studies (DMS) is well known for its robust industry interface and good return on investment. Through a demanding curriculum that combines management and technology, DMS creates professionals with a broad skill set. The school has a stellar placement history, and its alumni get attractive compensation packages. Located in the nation's capital, DMS provides ample opportunity to network with prominent figures in the business, creating a favourable atmosphere for creativity, initiative, and professional growth.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
IIT Delhi11.2 Lakh25.5LPA11598+

Vinod Gupta School of Management (VGSoM), IIT Kharagpur

IIT Kharagpur's Vinod Gupta School of Management (VGSoM) is renowned for its comprehensive management education and outstanding return on investment. The school offers a distinctive curriculum that equips students for a variety of industries by integrating technical and managerial abilities. VGSoM consistently places people well and offers attractive compensation packages. Because of its position in the IIT ecosystem, it has access to state-of-the-art research and a strong learning environment that prioritises both academic quality and real-world application.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
IIT K (VGSoM)12.8 Lakh22LPA20097.5+

Department of Management Studies (DOMS), IIT Madras

With its demanding MBA programme, the Department of Management Studies (DOMS) at IIT Madras provides a good return on investment. DOMS offers an exceptional learning experience because of its reputation for fusing technology know-how with managerial concepts. The institute takes pride in its competitive wage packages and outstanding placement record. Strong industry contacts and a vibrant academic atmosphere at Chennai's DOMS ensure that students receive invaluable insights and possibilities in their chosen career pathways.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
IIT M (DOMS)8 Lakh20LPA6898+

Xavier School of Management (XLRI), Jamshedpur

One of the oldest and most prominent management schools in India, Xavier School of Management (XLRI) is well-known for its excellent return on investment. XLRI, which is well-known for its business management and human resource management programmes, provides a demanding curriculum, over 100% placement rates, and high pay. The school places a strong emphasis on holistic development and ethical management techniques, giving students a well-rounded education as well as lots of chances for leadership and career advancement.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
XLRI - Jamshedpur23.15 Lakh28.89 LPA420 (HR+BM)95+ (XAT)

Indian Institute of Management (IIM), Lucknow

Renowned for its extensive management education and great return on investment, Indian Institute of Management (IIM) Lucknow is a top business school. The institute provides a strong curriculum that encourages innovation and leadership. IIM Lucknow offers competitive wage packages and maintains placement rates close to 100%. The institute's emphasis on holistic development, varied academic environment, and strong industry contacts guarantee that graduates are well-prepared for successful jobs in a range of areas.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
IIM Lucknow20.75 Lakh30 LPA56699+

SP Jain Institute of Management and Research (SPJIMR), Mumbai

The Mumbai-based SP Jain Institute of Management and Research (SPJIMR) is well known for its creative pedagogy and great return on investment. The programme that the institute offers places a strong emphasis on leadership, social impact, and entrepreneurship. With competitive pay, SPJIMR typically achieves placement rates close to 100%. The institute, which is situated in Mumbai, the financial centre of India, is a great option for students looking for an impactful and well-rounded MBA programme because it offers a wealth of industry exposure and networking possibilities.

CollegeFeesAverage CTCNumber of SeatsExpected Cutoff
SPJIMR24 Lakh33LPA29299+

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