Top 10 MBA Colleges with Low Academics, Check Now

Over time, the MBA admission process has become more complex and diversified. It is not anymore dependent only on the entrance exam i.e. CAT, XLRI but also looks for past academic scores including 10th, 12th and graduation marks. Most of the colleges have some weightage given to these past scores while preparing the final shortlist offer. But if your past academics are not that good, then also you should not worry because there are many other top MBA colleges with low academic weightage in the final shortlisting round.

Today, we will be sharing with you the top 10 MBA Colleges with low academic weightage in the final shortlisting round.

Top 10 MBA Colleges with Low Academics

1: FMS (Faculty of Management Studies)

This college is considered the best ROI college with a legacy. It is one of the oldest colleges which started in 1954 and has always been ranked in the Top 10 colleges for MBA in India. It is accredited by the National Assessment and Accreditation Council (NAAC). FMS Delhi offers a two-year full-time MBA course. It is affiliated with the University of Delhi. FMS has been fair with people with low academic scores. It gives full marks in the selection criteria to the students who have scored more than 75% in Classes 10 & 12.  The average placement recorded by the institute is 34.10 LPA.

2. XLRI Jamshedpur

It is also one of the oldest private business schools which was established in 1949 by the Society of Jesus in Jamshedpur, Jharkhand, India. This is one of the best-known MBA colleges with low academics acceptance. In the NIRF 2023 ranking of the top management institutes in India, XLRI Jamshedpur ranked #9. It offers two major programs i.e. PGDM - BM and PGDM - HRM as its Flagship Program. The placement season for XLRI in 2023 has finished. The average package offered at XLRI was INR 32.7 Lakh per year. The highest salary offered domestically was INR 78.2 LPA, and internationally, it was INR 1.1 Crore PA.

3. IIFT Delhi

The Indian Institute of Foreign Trade (IIFT) is a premier business school in India. Established in 1963 by the government of India, it works as an autonomous institute under the Ministry of Commerce and Industry. It is renowned for its 2 year MBA in International Business program which aims to develop competent and skilled professionals for the global business environment. The placements for IIFT Delhi in 2023 are as follows: the average salary offered was INR 29.1 Lakh per year, while the median salary was INR 26.5 Lakh per year.

4. SP Jain Institute of Management and Research

SP Jain Institute of Management and Research (SPJIMR) is a top business school in Mumbai, India. It was established in 1981 and provides different postgraduate management programs. The institute has built a legacy by providing high-quality management education. It successfully concluded the placements for its 2024 PGDM & PGDM (BM). The average salaries and median salaries are 33 LPA & 31.50 LPA, respectively.

5. MDI (Management Development Institute) Gurgaon

MDI is at par with IIMs and ranks in the Top 10 MBA colleges in India. It was established in 1973 by IFCI. Also, the institute is strategically located in the corporate hub of India, Gurgaon. The institute has built a legacy by providing high-class management education. The average placement recorded by the institute is 27.37 LPA.

6. DMS, IIT Delhi

The Department of Management Studies at IIT Delhi (DMS IIT Delhi) is considered one of the top business schools in India. 

MBA aspirants also value the high Return on Investment (ROI) offered by IIT Delhi MBA because of its reasonable fees and excellent placement opportunities. 

• The average package offered for the 2023 batch is 25.82 LPA.

7. SJMSOM, IIT Bombay

Shailesh J. Mehta School Of Management (popularly known as SJMSOM) is a part of IIT Bombay. It was started in 1993 and it offers two years full-time residential MBA programs. One has to appear for CAT to be eligible for the admission process. Also, this college requires a minimum of 4 years of graduation degree. This college sets high standards for management education. It has recently completed its 2023 placement with a whopping average package of 28 LPA.

8. NMIMS, Mumbai

Narsee Monjee Institute of Management Studies is one of India’s top educational and research centres. It has been around for more than 30 years and is now not just a top-10 business school but also a diverse university offering various disciplines. It has multiple campuses and provides education in different domains. NMIMS Mumbai offers a 2-year MBA program which is offered in various MBA specializations such as HR, Business Analytics, Digital Transformation, etc. The average package here for the last season stands at 26.63 LPA.

9. SIBM (Symbiosis Institute of Business Management), Pune

It was established in 1978 and is a constituent of Symbiosis University. SIBM is ranked one of the best colleges due to its alumni network and vast culture. It accepts SNAP scores. MBA is SIBM's flagship program. Also, it makes sure to have diversity in its classroom. SIBM Pune's MBA program fee is 26.79 lakhs and the average package stands at 26.77 LPA.

10. TISS (Tata Institute of Social Science)

TISS Mumbai, also known as Tata Institute of Social Sciences (TISS), is a respected business school located in Mumbai. It provides a range of undergraduate (UG), postgraduate (PG), and PhD programs. TISS used to conduct its entrance test until last year but since this year, it has shifted to CUET. TISS Mumbai ranks 98th in the University Category by NIRF 2023. This college is famous for HR-MBA. The placement report for the last season is out and the average package stands at 27.22 LPA.