List of Top MBA Colleges with Average Package; Admission Process, Fees, Eligibility
MBA has gained popularity owing to the average MBA packages offered by several tier-1 and tier-2 b-schools. Check here for a list of MBA colleges with average packages, admission process, fees, and eligibility.
List of Top MBA Colleges with Average Package: MBA degree is a popular choice for candidates considering a professional PG degree course. India has more than 5,000 MBA colleges. Huge number of colleges make it difficult for candidates to choose one b-school. One of the primary factors while deciding which MBA college to choose includes salary package offered in the past. Passing the MBA entrance exams like CAT, SNAP, or XAT is only the first challenge. Tuition fees at these top MBA colleges can range from 10-20 LPA. Candidates can evaluate the best MBA colleges with average placement on the basis of fee, placements, etc. Check this article to know the list of top MBA colleges with average package based on 50 NIRF-rankings.
Explore colleges based on CMAT
NMAT exam is conducted for admission to more than 45 b-schools in India. The exam eligibility criteria can vary from the eligibility criteria of a particular institute. Additionally, MBA eligibility conditions for all participating institutes can vary. However, the NMAT exam eligibility remains the same. The space below mentions the NMAT eligibility criteria:
- Candidate must have a bachelor's degree, completed under 10+2+3 or four years of education pattern, irrespective of the stream.
- Aggregate score in the graduation degree level should not be less than 50 per cent the final year of the degree course.
- Candidates waiting for results or are currently in the final year of graduation are eligible to apply for NMAT exam.
Those who are yet to pass the bachelor's degree course get a provisional admission until the graduation mark sheet and certificate of the qualifying examination are submitted at the participating institute.
There is no age limit to appear for CAT. The CAT exam is open for fresh graduates as well as working professionals. Since CAT is accepted by over 1300 B-schools across India for their full-time as well as executive MBA or online professional courses, a lot of working professionals appear for the CAT to pursue such courses. CAT score is accepted by Iims for full time MBA, executive MBA and FPM programmes.
Other top MBA colleges in India also shortlist candidates for executive MBA or part-time MBA on the basis of CAT score. The minimum age limit for has to be 20 years as the minimum qualification for CAT exam graduation. Any candidate who has completed Graduation with 50 per cent aggregate (45 per cent for SC/ST candidates).
Any candidate in final year of Bachelor's degree course can appear in CAT exam. Any candidate having a professional degree like CA/CS/ICWAI with a minimum of 50 per cent in aggregate.
- IIMs with Average Package
- List of Top 50 MBA Colleges with Average Package
- List of Best 50 MBA Colleges with Admission Process & Fees
IIMs with Average Package
Across India, 21 prestigious Indian Institutes of Management (IIMs) stand tall, illuminating its academic excellence and career-launching power. These institutes providing holistic business education have developed the reputation of churning out graduates who fetch some of the highest average salary packages in the country.
One seeking an MBA propelling towards financial success and professional stardom can look nothing beyond an IIM. The table below reveals all IIMs with average placement packages to help candidates choose their ideal springboard to a lucrative future.
| Institute |
NIRF Ranking 2024 |
Average Placement Package |
|---|---|---|
| 17 | INR 18.69 LPA |
|
| 2 | INR 35.92 LPA |
|
| 5 | INR 35.07 LPA* |
|
| 1 | INR 34.45 LPA* |
|
| 6 | INR 30 LPA |
|
| 3 | INR 28.05 LPA |
|
| 8 | INR 25.68 LPA |
|
| 7 | INR 33.84 LPA (top 50%)* |
|
| 24 | INR 26.10 LPA |
|
| 14 | INR 19.7 LPA |
|
| 27 | INR 19.43 LPA |
|
| 22 | INR 18.8 LPA |
|
| 12 | INR 19.27 LPA |
|
| 23 | INR 18.10 LPA* |
|
| 31 | INR 16.29 LPA |
|
| 50 | INR 14.21 LPA |
|
| 26 | INR 15.61 LPA* |
|
| 47 | INR 19.73 LPA (Top quartile)* |
|
| 42 | INR 14.01 LPA (MBA HA & HM) INR 15.48 LPA (MBA) |
|
| 33 | INR 13.90 LPA |
|
| 57 | INR 14.45 LPA* |
*NOTE: Official figures yet to be released
There is no passing mark for TANCET exam. Anna University does not mention the qualifying status for the candidates in the results. All test takers for the TANCET exam find their actual marks and percentile score mentioned on their exam mark sheet. However, only the candidates who meet the cutoff scores set by participating colleges pass the TANCET exam. TANCET cutoff marks vary every year depending upon multiple factors.
The next CMAT exam will be held in January 2026. The NTA will start registration for the same in November 2025. Those interested in appearing for the exam are required to register for it at CMAT-NTA website and fill the online application form. The score of CMAT will be valid for one year only, so if you appear for CMAT 2026, you must take admission in the same academic year.
Apart from 1300 B-schools, the CMAT score is also valid for admission through MAH CET CAP. The Maharashtra State CET Cell conducts MBA/MMS admissions for 300 colleges in the state. It is followed by a common counselling process called CAP. CMAT test takers can also participate in MAH MBA CET CAP and secure a seat in MBA/MMS course offered by over 300 colleges in Maharashtra.
XIM University, Bhebaneswar, will conduct XGMT exam in six test cities. Each city may have multiple cities where the XGMT exam centres will be located. Candidates filling the XGMT application form have to fill the preferred test city to appear for the exam. XIM University will try and allot a test centre based on the preference of the candidate, available seats in the test centre, number of candidates interested in a particular location, etc. Candidates will find their test centre with complete address mentioned on the admit card.
List of Top 50 MBA Colleges with Average Package
Besides IIMs, several tier-1 b-schools are known to provide a good average package to its students via campus placements. NIRF, an initiative by MoE, ranks colleges under different streams and collectively. The table below mentions the top 50 b-schools as per NIRF ranking in order of the average placement:
| Institute |
NIRF Ranking 2024 |
Average Placement Package |
|---|---|---|
| IIM Ahmedabad |
1 |
INR 34.45 LPA* |
| IIM Bangalore |
2 |
INR 35.92 LPA |
| IIM Kozhikode |
3 |
INR 28.05 LPA |
| 4 |
INR 25.82 LPA* |
|
| IIM Calcutta |
5 |
INR 35.07 LPA* |
| IIM Lucknow |
6 |
INR 30 LPA |
| IIM Mumbai |
7 |
INR 33.84 LPA (top 50%)* |
| IIM Indore |
8 |
INR 25.68 LPA |
| 9 |
INR 27.07 LPA |
|
| 10 |
INR 23.5 LPA |
|
| 11 |
INR 25.5 LPA |
|
| IIM Rohtak |
12 |
INR 19.27 LPA |
| 13 |
INR 28.16 LPA |
|
| IIM Raipur |
14 |
INR 19.7 LPA |
| 15 |
INR 27.3 LPA |
|
| 16 |
INR 16.93 LPA |
|
| IIM Ranchi |
17 |
INR 18.69 LPA |
| 18 |
INR 18.3 LPA |
|
| 19 |
INR 20.83 LPA |
|
| 20 |
INR 33 LPA |
|
| SVKM's Narsee Monjee Institute of Management Studies, Mumbai |
21 |
INR 25.13 LPA |
| IIM Udaipur |
22 |
INR 18.8 LPA |
| IIM Kashipur |
23 |
INR 18.10 LPA* |
| IIM Shillong |
24 |
INR 26.10 LPA |
| 25 |
to be updated |
|
| IIM Visakhapatnam |
26 |
INR 15.61 LPA* |
| IIM Tiruchirappalli |
27 |
INR 19.43 LPA |
| 28 |
INR 8.33 LPA |
|
| 29 |
INR 18.2 LPA |
|
| 29 |
to be updated |
|
| IIM Nagpur |
31 |
INR 16.29 LPA |
| 32 |
INR 19.21 LPA |
|
| IIM Bodh Gaya |
33 |
INR 13.90 LPA |
| 34 |
- 15.10 LPA (PGDM) - INR 17.30 LPA (PGPM) |
|
| 35 |
INR 17.07 LPA |
|
| 36 |
INR 9.54 LPA* |
|
| 37 |
INR 14.81 LPA |
|
| 38 |
INR 7 LPA |
|
| 39 |
to be updated |
|
| 40 |
INR 16.71 LPA |
|
| 41 |
INR 7.69 LPA |
|
| IIM Jammu |
42 |
- INR 14.01 LPA (MBA HA & HM) - INR 15.48 LPA (MBA) |
| 43 |
- INR 19.53 LPA (MBA BM) - INR 17.02 LPA (MBA HRM) - INR 12.50 LPA (MBA RM) - INR 14.02 LPA (MBA SM) - INR 13.40 LPA (MMS-BF) |
|
| Thapar Institute of Engineering and Technology (Deemed-to-be-university), Punjab |
44 |
to be updated |
| 45 |
INR 9.05 LPA |
|
| Indian Institute of Technology (Indian School of Mines), Dhanbad |
46 |
to be updated |
| IIM Amritsar |
47 |
INR 19.73 LPA (Top quartile)* |
| 48 |
INR 11.1 LPA |
|
| 49 |
INR 14.14 LPA |
|
| IIM Sambalpur |
50 |
INR 14.21 LPA |
*NOTE: Official figures yet to be released.
List of Best 50 MBA Colleges with Admission Process & Fees
Candidates can check the table below to know the admission process and fees for top 50 MBA colleges in India:
| Institute |
Admission Process |
Fees (in INR) |
|---|---|---|
| IIM Ranchi |
17.50L |
|
| IIM Bangalore |
CAT |
24.50L |
| IIM Calcutta |
CAT |
31L |
| S.P. Jain Institute of Management & Research, Mumbai |
Either of the following scores:
|
9L |
| IIM Ahmedabad |
CAT |
25L |
| XLRI-Xavier School of Management, Jamshedpur |
Either of the following scores: |
23.15L |
| IIM Lucknow |
CAT |
20.70L |
| IIM Kozhikode |
CAT |
20.50L |
| IIM Indore |
CAT |
22L |
| Indian Institute of Foreign Trade, Delhi |
CAT |
19.50L |
| Indian Institute of Technology, Bombay |
CAT |
14L |
| IIM Mumbai |
CAT |
21L |
| IIM Shillong |
CAT |
17.50L |
| Symbiosis Institute of Business Management, Pune |
22L+ |
|
| SVKM's Narsee Monjee Institute of Management Studies, Mumbai |
11.95L |
|
| Management Development Institute, Gurgaon |
CAT |
25L |
| Indian Institute of Technology, Delhi |
CAT |
11.20 L |
| Indian Institute of Technology, Kharagpur |
CAT |
11.60L |
| IIM Raipur |
CAT |
16L |
| IIM Tiruchirappalli |
CAT |
21L |
| Indian Institute of Technology, Madras |
CAT |
17L |
| MICA, Ahmedabad |
23L |
|
| XIM University |
Either of the following exam scores:
|
21L |
| IIM Udaipur |
CAT |
19L |
| IIM Rohtak |
CAT |
17.90L |
| Indian Institute of Technology, Roorkee |
CAT |
4L |
| Indian Institute of Technology, Kanpur |
CAT |
22L |
| Great Lakes Institute of Management, Chennai |
Either of the following exam scores:
|
11.2L |
| IIM Kashipur |
CAT |
17.30L |
| Institute of Management Technology, Ghaziabad |
Either of the following exam scores:
|
21.53L |
| International Management Institute, Delhi |
Either of the following exam scores:
|
20.8L |
| Indian Institute of Technology (Indian School of Mines), Dhanbad |
CAT |
84K |
| IIM Nagpur |
CAT |
18L |
| IIM Visakhapatnam |
CAT |
19L |
| IIM Jammu |
CAT |
17.15L |
| Goa Institute of Management |
Either of the following exam scores:
|
18.3L |
| T. A. Pai Management Institute, Manipal |
Either of the following exam scores:
|
17.34L |
| K J Somaiya Institute of Management Studies and Research, Mumbai |
Either of the following exam scores:
|
20.87L |
| Birla Institute of Management Technology, Noida |
Either of the following exam scores:
|
14L |
| UPES, Dehradun |
Either of the following exam scores:
|
8.45L |
| Chandigarh University |
Either of the following exam scores:
|
5.56L |
| Jaipuria Institute of Management, Noida |
Either of the following exam scores:
|
13.5l |
| Jamia Millia Islamia, New Delhi |
JMI Entrance Exam |
47K |
| Lovely Professional University, Punjab |
Either of the following exam scores:
|
8L |
| Amrita Vishwa Vidyapeetham, Coimbatore |
Either of the following exam scores:
|
11.1L |
| National Institute of Technology, Tiruchirappalli |
CAT |
3L |
| ICFAI Foundation for Higher Education, Hyderabad |
Either of the following exam scores:
|
16.02L |
| Amity University, Noida |
Either of the following exam scores:
|
12.16L |
| Thapar Institute of Engineering and Technology (Deemed-to-be-university), Punjab |
Either of the exams
|
10.90L |
| Anna University, Chennai |
82K |
