Are you searching for the best placement MBA colleges in India? Well, you can find them here. Many professionals think getting an MBA is the next logical step to advancing their careers. It is one of the most sought-after postgraduate courses in the world. There are many benefits to getting an MBA, regardless of your industry.
There are not only 22 IIMs in India but many other prominent top management colleges as well. However, some may wonder whether it is worth it to pursue an MBA, given the commitment and expense involved.
As a result of their industrial knowledge, management institutes, and MBA colleges can outperform colleges with traditional study methods when it comes to placements.
We can see this happening now as some colleges have placements in crores and some MBA colleges barely manage to place a single student at a decent package. Here are some of the top MBA colleges in India for better placements.
Best Placement MBA Colleges In India
1. IIM Ahmedabad
In the last five years, IIM Bangalore has emerged as a strong competitor to IIMA for the Best MBA College in India award. Based on faculty quality, alumni accomplishments, and placements, IIM Bangalore has traditionally been regarded as one of the top 10 colleges for MBA in India.
In 1961, IIM Ahmedabad was established as a public business school in Vastrapur, Ahmedabad. The institute was given the status of an ‘Institute of National Importance’ by the Ministry of Human Resource Development, Government of India. The first B school to receive the EQUIS was the Indian Institute of Management, Ahmedabad.
Highest Package Offered: In 2024, IIM Ahmedabad recorded its highest package at ₹1.46 crore per annum (CPA). This figure reflects the top-tier opportunities available to graduates, highlighting the prestigious nature of the institution in attracting lucrative offers from leading companies.
Lowest Package Offered: Despite the high-end offers, the lowest package offered in recent years at IIM Ahmedabad was ₹11 lakhs per annum. This indicates a range of opportunities catering to various career aspirations and market demands.
Student Intake for MBA: Each year, IIM Ahmedabad admits approximately 400-450 students into its MBA program per batch. This moderate intake ensures a balanced classroom environment while maintaining high standards of education and selective admission criteria.
Fees for MBA: The total fees for the MBA program at IIM Ahmedabad amount to around ₹23 lakhs. This investment reflects the value placed on the institution’s reputation, faculty, facilities, and extensive network, offering a robust return on investment in terms of career opportunities.
Number of Students Placed: During the latest placement season, IIM Ahmedabad successfully placed 423 students. This high placement rate underscores the strong industry connections and rigorous academic preparation that equip students for diverse career paths.
Top Recruiters Visited the Campus: IIM Ahmedabad attracts top recruiters such as Accenture, Boston Consulting Group, Goldman Sachs, Reliance Industries, and Nestle, among others. These companies actively seek out graduates for their leadership potential, analytical skills, and strategic thinking honed through the institution’s rigorous curriculum and extracurricular activities.
2. IIM Bangalore
With its campus spread over 100 acres and world-class facilities, IIM Bangalore is the second-best MBA college in India after IIM Ahmedabad. It offers students a holistic development experience. In addition to its rigorous curriculum and renowned faculty, IIM Bangalore boasts a robust student life and advanced infrastructure.
With 218 out of 606 offers made by consulting firms, IIMB is considered to be one of the top 7 MBA colleges in Bangalore and India. It is located in the southern part of Bangalore City with a world-class infrastructure.
Highest Package Offered: The highest package for the MBA program at IIM Bangalore can reach up to around ₹80-85 lakhs per annum, showcasing lucrative opportunities for graduates at top-tier positions in leading companies.
Lowest Package Offered: Typically, the lowest package offered at IIM Bangalore is around ₹20-25 lakhs per annum, indicating a competitive range of starting salaries across various sectors.
Student Intake for MBA: IIM Bangalore admits approximately 480 students annually into its MBA program (PGP), maintaining a sizable cohort to foster diverse perspectives and collaborative learning.
Fees for MBA: The total fees for the two-year MBA program at IIM Bangalore amount to around ₹23 lakhs, reflecting the investment in world-class education, faculty expertise, and infrastructure.
Number of Students Placed: IIM Bangalore boasts a strong placement record, with nearly 100% of its students securing placements each year, underscoring its reputation for producing highly employable graduates.
Top Recruiters: Some of the top recruiters at IIM Bangalore include McKinsey & Company, Goldman Sachs, and Amazon, demonstrating the institution’s appeal to prestigious global firms seeking top managerial talent.
3. IIM Calcutta
The Indian Institute of Management, Calcutta is the leading and oldest IIM in the country. The IIM Calcutta is renowned for pioneering education in finance. For admission to its 2-year flagship MBA program, IIM Calcutta uses the Common Admission Test. Candidates scoring 96-99 percentile or higher are considered for admission to IIM Calcutta, with a cut-off of 85 percentile.
On February 19, 2024, IIM Calcutta completed 100% placements for its flagship MBA program.
Highest Package Offered: The highest package offered during the 2024 placements at IIM Calcutta was ₹1.2 crore per annum, reflecting the institution’s ability to attract high-paying job offers from prestigious companies.
Lowest Package Offered: While specific details on the lowest package are not disclosed, the average package offered stood at ₹35.07 lakhs per annum, indicating a competitive range of starting salaries across various sectors and roles.
Student Intake for MBA: Approximately 464 students are enrolled annually in the MBA program at IIM Calcutta, ensuring a robust student community that enhances peer learning and networking opportunities.
Fees for MBA: The total fees for the MBA program at IIM Calcutta amount to around ₹31 lakhs, reflecting the investment in quality education, faculty expertise, and campus infrastructure.
Number of Students Placed: In the 2024 placement drive, all 464 participating students at IIM Calcutta were successfully placed, showcasing the institution’s strong placement record and commitment to student career outcomes.
Top Recruiters Visited the Campus: IIM Calcutta attracts top recruiters such as Accenture, Deloitte, KPMG, Bain & Company, McKinsey & Company, Goldman Sachs, JP Morgan Chase, Bank of America, HCL, Microsoft, Adani, and Aditya Birla Group.
4. XLRI Jamshedpur
A private institute, XLRI Jamshedpur was established in 1949 in Jamshedpur, the Steel City of India. AICTE, AIU, and GOI recognize XLRI, and the institute is accredited by AACSB, AMBA, and NBA as well. Jamshedpur’s Human Resource Program PGDM course, its alumni network, strong industry connections, and its good return on investment have earned it a reputation as one of the top business schools in India.
In the XLRI Placement Drive, 154 recruiters offered jobs to 503 students representing the batch 2024 at Xavier Jamshedpur.
Highest Package Offered: During the 2023 placement season, XLRI Jamshedpur saw the highest international package at around ₹78.2 LPA and domestic package at ₹65 LPA, highlighting the institution’s ability to secure lucrative job offers both globally and domestically.
Lowest Package Offered: While specific details on the lowest package aren’t disclosed, XLRI Jamshedpur’s strong average package serves as a reliable indicator of the comprehensive quality of placements offered to its graduates.
Student Intake for MBA: XLRI Jamshedpur admits approximately 360 students annually across its flagship PGDM programs (BM and HRM), fostering a diverse and inclusive learning environment.
Fees for MBA: The total fees for the PGDM program at XLRI Jamshedpur range between ₹25-27 lakhs, reflecting the investment in world-class education, faculty, and infrastructure conducive to holistic professional development.
Number of Students Placed: XLRI Jamshedpur maintains a robust placement record, with nearly 100% of its students placed each year, underscoring its reputation for producing highly employable graduates sought after by leading companies.
Top Recruiters Visited the Campus: XLRI Jamshedpur attracts top recruiters such as Amazon, BCG, McKinsey, Microsoft, P&G, and Tata Administrative Services, affirming its status as a preferred talent pool for prestigious global and national firms across diverse industries.
5. FMS Delhi
Located in New Delhi, India, the Faculty of Management Studies at the University of Delhi (FMS Delhi) is a leading business school. It was established in 1954 under the umbrella of the University of Delhi and is often cited as one of India’s top MBA colleges.
The MBA program at FMS Delhi is offered at a low fee, but the placements are comparable to those at top IIMs.
Highest Package Offered: In 2023, FMS Delhi recorded its highest package at ₹1.23 crore per annum, illustrating the institution’s capability to attract substantial offers from top recruiters, both domestically and internationally.
Lowest Package Offered: Specific details on the lowest package aren’t disclosed, but the average package of ₹34.1 LPA provides a reliable benchmark of the range of starting salaries offered during placements at FMS Delhi.
Student Intake for MBA: FMS Delhi admits 314 students annually into its MBA program, ensuring a manageable cohort size that facilitates personalized learning and networking opportunities.
Fees for MBA: The total fees for the MBA program at FMS Delhi are approximately ₹2 lakhs for the entire course, reflecting its status as one of the most affordable MBA programs in India, making it accessible to a broader range of aspiring professionals.
Number of Students Placed: In 2023, all 269 students who participated in the placement process at FMS Delhi were successfully placed, achieving a commendable 100% placement rate, emphasizing the institution’s strong industry connections and rigorous academic preparation.
Top Recruiters Visited the Campus: FMS Delhi hosts top recruiters such as Accenture, Amazon, Bain & Co., BCG, ITC, Kearney, KPMG, Microsoft, and HUL, indicating its reputation as a preferred recruitment destination for leading companies across various sectors, offering diverse career opportunities to its graduates.
6. SPJIMR Mumbai
S. P. Jain Institute of Management and Research was established in the year 1981. The college offers several full-time and part-time MBA programs to students.
It is also one of the oldest MBA colleges in India, SPJIMR is located on a 45-acre campus. The college is regarded as one of the top 10 MBA colleges in Mumbai where a lot of aspirants come to pursue an MBA.
Highest Package Offered: SPJIMR Mumbai’s MBA program saw the highest package reach around ₹51 LPA, reflecting competitive offers from top recruiters, and showcasing the value of its graduates in the job market.
Lowest Package Offered: While specific details on the lowest package aren’t disclosed, the average package of around ₹32.06 LPA serves as a reliable indicator of the starting salary range for SPJIMR Mumbai graduates across various roles and industries.
Student Intake for MBA: SPJIMR Mumbai admits approximately 240 students per batch into its MBA program, maintaining a focused cohort size to enhance peer learning and interaction with faculty.
Fees for MBA: The total fees for the MBA program at SPJIMR Mumbai amount to around ₹20 lakhs, making it a cost-effective option compared to many other leading MBA programs in India, while still offering robust education and career opportunities.
Number of Students Placed: SPJIMR Mumbai boasts a strong placement record, with nearly 100% of its students securing placements each year, underscoring its reputation for producing highly employable graduates sought after by top companies.
Top Recruiters Visited the Campus: SPJIMR Mumbai attracts top recruiters such as Amazon, Google, Microsoft, and McKinsey & Company, indicating its stature as a preferred destination for recruitment among leading global firms across diverse sectors.
7. IIM Lucknow
IIM Lucknow is the fourth IIM to be established by the Government of India in 1984. It mentors the newly established IIM Jammu, IIM Rohtak, and IIM Kashipur. IIM Lucknow is widely renowned for its academic excellence, diverse student community, and strong industry linkages.
Through international exchange programs and international competitions, the institute offers international exposure to its students.
CAT scores are used to determine admission to the PGP program at IIM Lucknow, followed by a Writing Ability Test (WAT) and Personal Interview.
Highest Package Offered: During the latest placement season, IIM Lucknow saw the highest package offered at around ₹58 LPA, demonstrating the institution’s ability to attract high-paying job offers from prestigious recruiters.
Lowest Package Offered: Specific details about the lowest package aren’t disclosed, but the strong average package serves as a reliable indicator of the overall quality of placements available to graduates.
Student Intake for MBA: IIM Lucknow admits approximately 500 students annually into its flagship PGP (MBA) program, maintaining a sizable cohort to foster diverse perspectives and collaborative learning.
Fees for MBA: The total fees for the MBA program at IIM Lucknow amount to around ₹19.25 lakhs, reflecting the investment in quality education, faculty expertise, and infrastructure.
Number of Students Placed: IIM Lucknow achieved 100% placement for its students, with 576 offers made during the latest placement season, underscoring its strong industry connections and effective career placement support.
Top Recruiters Visited the Campus: IIM Lucknow hosts top recruiters such as Amazon, Accenture, Deloitte, Boston Consulting Group, and McKinsey & Company.
8. IIM Indore
As the sixth of twenty state-supported Indian Institutes of Management, IIM Indore has served as a pioneer in management education, interacting with industry, government, and public organizations.
A state-of-the-art sports complex and hostels, a strong IT infrastructure, and state-of-the-art teaching aids are all available at IIM Indore.
Highest Package Offered: In 2024, the highest package offered at IIM Indore for its MBA batch reached ₹1 crore, showcasing the institution’s ability to secure lucrative career opportunities for its graduates from top recruiters.
Lowest Package Offered: While specific details on the lowest package aren’t disclosed, the average package of ₹25.68 LPA for the 2024 batch indicates a competitive range of starting salaries across various roles and industries.
Student Intake for MBA: IIM Indore admits approximately 650 students annually into its MBA program, ensuring a diverse and dynamic learning environment that facilitates peer interaction and networking.
Fees for MBA: The total fees for the MBA program at IIM Indore amount to approximately ₹21.17 lakhs, reflecting the investment in quality education, faculty expertise, and infrastructure provided by the institution.
Number of Students Placed: IIM Indore achieved 100% placement for its batch of 594 students in 2024, underscoring its strong industry connections, comprehensive curriculum, and effective career placement support.
Top Recruiters Visited the Campus: IIM Indore had some of the top recruiters such as HDFC Bank, PwC India, ICICI Bank, Navi, and Ola Electric.
9. IIM Kozhikode
In 1996, the Government of India established one of the leading management institutes. The cutoff for IIM Kozhikode is 85 percentile (Overall) and 75 percentile (sectional), but candidates with a 98 percentile or higher have a better chance of getting selected.
Located in the Kunnamangalam Area of the ancient city of Calicut, Kerala, IIM Kozhikode spans 112.5 acres of land. IIM Kozhikode was established in 1996 as the fifth IIM in the country, and its growth story is not only based on numbers, but also on some remarkable initiatives that have set a precedent for other institutions.
Highest Package Offered: In 2024, the highest package offered at IIM Kozhikode was ₹72.02 LPA, showcasing the institution’s ability to attract high-paying job offers from top recruiters, both domestically and internationally.
Lowest Package Offered: The lowest package offered in recent years at IIM Kozhikode was ₹16 LPA, indicating a diverse range of starting salaries across different sectors and roles for its graduates.
Student Intake for MBA: IIM Kozhikode admits approximately 480 students annually into its MBA program, fostering a vibrant and diverse student community that enhances peer learning and networking opportunities.
Fees for MBA: The total fees for the MBA program at IIM Kozhikode amount to ₹20.50 lakh, making it a competitive option among top-tier business schools in India, offering comprehensive education and career development opportunities.
Number of Students Placed: In 2024, IIM Kozhikode achieved 100% placements for its students, with 537 participants in the placement process. This underscores the institution’s strong industry connections and effective career support services.
Top Recruiters Visited the Campus: Some of the top recruiters that visited IIM Kozhikode include Air India, Airtel, Barclays, Bajaj Consumer Care, Biocon, and BLS
10. JBIMS Mumbai
As one of the oldest B-schools in India, Jamnalal Bajaj Institute of Management (JBIMS) was established in 1965 by the University of Mumbai and is consistently ranked among the top 10 in the country.
MMS has an intake capacity of 150 – 160 students, with the majority of seats reserved for Maharashtra residents. There were 55 recruiters participating in JBIMS MBA Placements 2024, and 140 students were placed. Through their summer internship placements, 73 students received PPOs/PPIs.
Highest Package Offered: The highest package offered at JBIMS Mumbai is around ₹44 LPA, reflecting the institution’s ability to secure lucrative job offers for its graduates from top recruiters in the industry.
Lowest Package Offered: Specific details on the lowest package aren’t disclosed, but the average package of around ₹22 LPA provides a solid benchmark of starting salaries for JBIMS Mumbai graduates across various sectors.
Student Intake for MBA: JBIMS Mumbai admits approximately 120 students annually into its MMS program, ensuring a focused and intimate learning environment that facilitates personalized attention and networking opportunities.
Fees for MBA: The total fees for the MMS program at JBIMS Mumbai amount to around ₹6 lakhs for the entire course, making it a highly cost-effective choice compared to other MBA programs, while still delivering quality education and career prospects.
Number of Students Placed: JBIMS Mumbai maintains a strong placement record with nearly 100% of its students securing placements each year, underscoring its reputation for producing highly employable graduates sought after by top companies.
Top Recruiters Visited the Campus: JBIMS Mumbai attracts top recruiters such as McKinsey & Company, Boston Consulting Group, JP Morgan, Goldman Sachs, and Deloitte.
