List of Top MBA Colleges with Average Package; Admission Process, Fees, Eligibility

List of Top MBA Colleges with Average Package; Admission Process, Fees, Eligibility

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Abhishek
Abhishek Dhawan
Assistant Manager – Editorial Content
Updated on Oct 22, 2025 10:57 IST

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.

MBA Colleges list with average package

List of MBA Colleges with Average Package

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.

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Q:   What is the eligibility criteria for admission to colleges accepting CMAT score?
A:
Although there is no minimum graduation marks criterion for appearing in the CMAT exam, the criterion applies for admission through CMAT. As per the AICTE recommendation, the candidate must have completed graduation from a recognised university with a minimum score of 50 per cent in aggregate (45 per cent for Reserved category students) to be eligible for admission to a UGC recognised MBA/PGDM course. Apart from academic criteria, candidates have to also fulfil the CMAT cut off criteria. CMAT cut offs are different for different institutes. The CMAT cut offs are fixed by the institutes individually on the basis of several parameters. Only those candidates are shortlisted for admission who meet the minimum cut off criteria. If a candidate does not meet the CMAT cut off, they will not be considered for Group Discussion and Personal Interview round or direct admission. Meeting CMAT cut off is the prerequisite for admission to the MBA institutes. Candidates must visit their preferred institute website and check the CMAT cut off percentile required, before applying for admission.
Q:   Who is eligible for NMAT exam?
A:

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.

Q:   What is the age limit to appear for CAT?
A:

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.

Table of content
  • 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.

Explore more MBA exams with upcoming dates

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17 Oct '25 - 18 Nov '25

MICAT (I) Registrations

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CAT 2025 admit card download

5 Nov '25 - 30 Nov '25

MAT PBT Registration 2025 (Dec )

23 Oct '25 - 7 Dec '25

NMAT 2025 Rescheduling Window

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IBSAT 2025 Registration

1 Jul '25 - 19 Dec '25

MAH MBA CET 2026 registration ...

17 Dec '25

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

IIM Ranchi

17

INR 18.69 LPA

IIM Bangalore

2

INR 35.92 LPA

IIM Calcutta

5

INR 35.07 LPA*

IIM Ahmedabad

1

INR 34.45 LPA*

IIM Lucknow

6

INR 30 LPA

IIM Kozhikode

3

INR 28.05 LPA

IIM Indore

8

INR 25.68 LPA

IIM Mumbai

7

INR 33.84 LPA (top 50%)*

IIM Shillong

24

INR 26.10 LPA

IIM Raipur

14

INR 19.7 LPA

IIM Tiruchirappalli

27

INR 19.43 LPA

IIM Udaipur

22

INR 18.8 LPA

IIM Rohtak

12

INR 19.27 LPA

IIM Kashipur

23

INR 18.10 LPA*

IIM Nagpur

31

INR 16.29 LPA

IIM Sambalpur

50

INR 14.21 LPA

IIM Visakhapatnam

26

INR 15.61 LPA*

IIM Amritsar

47

INR 19.73 LPA (Top quartile)*

IIM Jammu

42

INR 14.01 LPA (MBA HA & HM)

INR 15.48 LPA (MBA)

IIM Bodh Gaya

33

INR 13.90 LPA

IIM Sirmaur

57

INR 14.45 LPA*

*NOTE: Official figures yet to be released

Q:   What are the passing marks for TANCET exam?
A:

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.

Q:   When can I apply for CMAT?
A:

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.

Q:   How many centres are available for XGMT exam?
A:

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

Indian Institute of Technology, Delhi

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

XLRI-Xavier School of Management, Jamshedpur

9

INR 27.07 LPA

Indian Institute of Technology, Bombay

10

INR 23.5 LPA

Management Development Institute, Gurgaon

11

INR 25.5 LPA

IIM Rohtak

12

INR 19.27 LPA

Symbiosis Institute of Business Management, Pune

13

INR 28.16 LPA

IIM Raipur

14

INR 19.7 LPA

Indian Institute of Foreign Trade, Delhi

15

INR 27.3 LPA

Indian Institute of Technology, Madras

16

INR 16.93 LPA

IIM Ranchi

17

INR 18.69 LPA

Indian Institute of Technology, Roorkee

18

INR 18.3 LPA

Indian Institute of Technology, Kharagpur

19

INR 20.83 LPA

S.P. Jain Institute of Management & Research, Mumbai

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

Jamia Millia Islamia, New Delhi

25

to be updated

IIM Visakhapatnam

26

INR 15.61 LPA*

IIM Tiruchirappalli

27

INR 19.43 LPA

Amrita Vishwa Vidyapeetham, Coimbatore

28

INR 8.33 LPA

Indian Institute of Technology, Kanpur

29

INR 18.2 LPA

Amity University, Noida

29

to be updated

IIM Nagpur

31

INR 16.29 LPA

MICA, Ahmedabad

32

INR 19.21 LPA

IIM Bodh Gaya

33

INR 13.90 LPA

Great Lakes Institute of Management, Chennai

34

- 15.10 LPA (PGDM)

- INR 17.30 LPA (PGPM)

Institute of Management Technology, Ghaziabad

35

INR 17.07 LPA

Chandigarh University

36

INR 9.54 LPA*

Goa Institute of Management

37

INR 14.81 LPA

Lovely Professional University, Punjab

38

INR 7 LPA

ICFAI Foundation for Higher Education, Hyderabad

39

to be updated

International Management Institute, Delhi

40

INR 16.71 LPA

UPES, Dehradun

41

INR 7.69 LPA

IIM Jammu

42

- INR 14.01 LPA (MBA HA & HM)

- INR 15.48 LPA (MBA)

XIM University

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

Jaipuria Institute of Management, Noida

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)*

Banaras Hindu University

48

INR 11.1 LPA

Institute of Rural Management Anand (IRMA)

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

CAT

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

SNAP

22L+

SVKM's Narsee Monjee Institute of Management Studies, Mumbai

NMAT

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

MICAT

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:

  • CAT
  • XAT
  • GMAT

21.53L

International Management Institute, Delhi

Either of the following exam scores:

  • CAT
  • XAT
  • GMAT

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:

  • CAT
  • XAT
  • GMAT
  • CMAT

18.3L

T. A. Pai Management Institute, Manipal

Either of the following exam scores:

  • CAT
  • XAT
  • NMAT
  • GMAT

17.34L

K J Somaiya Institute of Management Studies and Research, Mumbai

Either of the following exam scores:

  • CAT
  • XAT
  • NMAT
  • CMAT
  • GMAT

20.87L

Birla Institute of Management Technology, Noida

Either of the following exam scores:

  • CAT
  • XAT
  • GMAT
  • CMAT
  • MAT

14L

UPES, Dehradun

Either of the following exam scores:

  • UPESMET
  • Any national level MBA exam

8.45L

Chandigarh University

Either of the following exam scores:

5.56L

Jaipuria Institute of Management, Noida

Either of the following exam scores:

  • CAT
  • CMAT
  • XAT
  • MAT
  • GMAT

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:

  • MAT
  • GMAT
  • CMAT
  • CAT
  • XAT
  • NMAT
  • Amity Written Test on the day of Interview

12.16L

Thapar Institute of Engineering and Technology (Deemed-to-be-university), Punjab

Either of the exams

  • CAT
  • NMAT
  • XAT
  • CMAT
  • MAT
  • GMAT
  • GRE
  • Thapar Entrance Test + GD & PI

10.90L

Anna University, Chennai

TANCET

82K

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About the Author
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Abhishek Dhawan
Assistant Manager – Editorial Content
With a creative soul, Abhishek is inclined towards anything in the creative space be it drawing, painting, craft, or writing. He has been working in the ed-tech industry since he started his career. Besides creative Read Full Bio