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MBA in India

Average Salary of top B-Schools

by Shiksha

 

Average Salary of top B-SchoolsEvery year various magazines and business houses conduct so many surveys about B-Schools. They conduct the survey majorly for the ranking of the B-Schools and predict there position according to the outcome of the survey. They set particular standards for rating and judging the B-Schools and rank them accordingly.


Digital Mailers has done a survey to high light the most important element of management education i.e. perceived value of B-Schools graduates’ in the job market. To be precise, this report will help MBA aspirants in mapping the colleges based on the salary expectation levels. They have also covered some of the other important trends like career growth of graduates after five years of industry exposure.

Top B-Schools with best average salaries of 2009 Batch

Rank B-School Location Average Salary
1 Indian Institute of Management Ahmedabad 11.20
2 Indian Institute of Management Bangalore 10.78
3 Indian School of Business Hyderabad 10.56
4 Indian Institute of Management Kolkata 9.85
5 Xavier Labour Relations Institute Jamshedpur 9.44
6 Indian Institute of Management Lucknow 9.15
7 Management Development Institute Gurgaon 8.80
8 Jamnalal Bajaj Institute of Management Studies Mumbai 8.35
9 Indian Institute of Management Khozikode 8.25
10 Indian Institute of Management Indore 8.15
11 Xavier Institute of Management Bhuvneshwar 8.10
12 SP Jain Institute of Management & Research Mumbai 7.95
13 National Institute of Industrial Engineering Mumbai 7.68
14 Faculty of Management Studies Delhi 7.60
15 Indian Institute of Foreign Trade Delhi 6.90
16 Shailesh J. Mehta School of Management, IIT Mumbai Mumbai 6.83
17 Dept of Management Studies, IIT Delhi Delhi 6.80
18 Department of Management Studies, IIT Madras Chennai 6.77
19 Symbiosis Centre for Management & Human Resource Dev. Pune 6.45
20 Narsee Monjee Institute of Management Studies Mumbai 5.92
21 Dept. of Industrial and Management Engineering, IIT Kanpur Kanpur 5.80
22 Mudra Institute of Communications Ahmedabad 5.71
23 International Management Institute Delhi 5.61
24 Department of Management Studies, IIT Roorkee Roorkee 5.40
25 K J Somaiya Institute of Management Mumbai 5.35
26 Institute for Financial Management & Research Chennai 5.20
27 Icfai Business School Hyderabad 5.18
28 National Institute for Technology Tiruchirappalli 5.15
29 Loyola Institute of Business Administration Chennai 4.88
30 Nirma Institute of Management Ahmedabad 4.86
31 T A Pai Management Institute Manipal 4.80
32 Institute of Rural Management Anand Anand 4.78
33 Bharathidasan Institute of Management Tiruchirappalli 4.54
34 Welingkar Insitute of Management Mumbai 4.50
35 Institute of Management and Technology Ghaziabad 4.44
36 Lal Bahadur Shastri Institute of Management New Delhi 4.32
37 Great Lakes Institute of Management Chennai 4.22
38 Alliance Business Academy Bangalore 4.20
39 International School of Management Excellence Bangalore 4.18
40 International School of Business and Media   4.15
41 Goa Institute of Management Goa 4.14
42 SIES College of Management Studies Navi Mumbai 4.10
43 SDM Institute for Management Development Mysore 4.05
44 Xavier Institute of Management & Entrepreneurship Bangalore 4.08
45 FORE School of Management Delhi 4.00
46 Institute for Technology & Management Mumbai 3.98
47 GITAM Institute of Foreign Trade Visakhapatnam 3.75
48 Birla Institute of Technology Ranchi 3.66
49 Symbiosis Institute of Business Management Bangalore 3.64
50 Jaypee Business School Noida 3.63


Source: (Team Shiksha)

Date: 11th March, 2010


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Discussion Board

Showing 1-10 of total 26 comments
 
sharmistha chakraborty901 4 years ago

i have itm navi mumbai and ibs hyderabad, which insti should i go for

 
 
Harish230 go for IBS Hyderabad. its a better bet.
4 years ago
 
 
 
abhinav vikrant 4 years ago

which college is better skyline b school gurgoan or bls gaziyabad

 
 
Pooja Kohli Hi Abhinav,

While choosing a school always keep in mind one thing whether you are a right match for the school or not ,or in other words whether the school is the right match to your capablilities. What I mean to say is you shud always consider few things before taking admit in a prticular school: first and formost see its course curriculum then see what is the feedback on faculty, also see if the institute has the specialisation you want to do. Try and talk to few of the alumnae and also see what is the profile of the students coming in(for this see the previous year data). Also try and check Placements and its Ranking but don't base your decision on these two criterion. Take a wholistic view and then make your decision.

One very important thing see if the program you are going for is PGD or a degree it will give you further clearity on choosing the program.

for further info please check the links below:
http://tinyurl.com/3ycmmpr BLS Institute of Management
http://tinyurl.com/2ut5chh Skyline Business School

Hope this will be of help. For further info come back to shiksha.

Thanks,
Pooja
4 years ago
 
 
 
Harish230 4 years ago

Hi Shiksha team. The avg salary of ICFAI business school Hyderabad for the batch of 2009 that is given in the school website is only 4.84 lakhs vs 5.15 lakhs u have given in the rankings.

 
 
 
ektasarvaiya 4 years ago

Can u tell me somethig about pursuing MBA at B.K and its placements?

 
 
Pooja Kohli Hi,

While choosing a school placement should not be the only criteria you should keep in mind. although placement is the end goal but the means to achieve that goal shud be right. What I mean to say is you shud also see the course curriculum, faculty, whether the institute has the specialisation you want to do etc, because if all these things would be in place placement is something which will automatically going to fall in place. and moreover placement is something no Institute can gaurantee. Although for your information I placing some facts below:

According to alumni speak of B.K. School of Management on shiksha it has been given 3 out of 5 and there site says that they have placed students at places like ICICI, CENTURIAN & UTI BANK. also see this link below.
http://tinyurl.com/37g5th3


For gathering further info on placement you can directly mail their placement cell the Email is placement@bkschool.org.

Hope this will be of help .

Thanks,
Pooja
4 years ago
 
 
 
Deepa sharma915 4 years ago

hi i got admission in isbm viman nagar shuld i go 4 it. plz reply me fast.

 
 
Pooja Kohli Hi,

While choosing a school always keep in mind one thing whether you are a right match for the schoolor not ,or in other words whether the school is the right match to your capablilities. What I mean to say is you shud always consider few things before taking admit in a prticular school: first and formost see its course curriculum then see what is the feedback on faculty, also see if the institute has the specialisation you want to do try and talk to few of the alumnae.

For further info on the institute please go thru the link below:
http://tinyurl.com/33yymrn

Hope this will help you.
Thanks,
Pooja
4 years ago
 
 
 
Cheryl Saldanha 4 years ago

i have obtained 90 percentile in cet., please can you guide me which colleges can i apply to in Mumbai?

 
 
 
Cheryl Saldanha 4 years ago

Hie,
i have obtained 90 percentile in cet, please can you guide me as to which institues can i appy for in Mumbai?

 
 
Pooja Kohli Hi,

Although there are various institutes which accept CET scores, such as St. Xavier's Institute of Management & Research,Indira Institute of Management, Pune etc., but specifying the Institute according to your percentile would be something which is not possible as the percentile keep on changing every Year. So, to see which college you can get admit you have to see the recent invidual cutoffs of Intsitutes. With your kind of percentile you must have got a call for counselling . In the counselling they basically are going to discuss about which colleges you can choose so if you have got the counselling call then you need not worry about the colleges.

Apart from this you can go thru the link pasted below it has the info on the colleges which are accepting CET.
http://tinyurl.com/2wy2qju

Hope this will be of help. for any further info visit shiksha again.

Thanks,
Pooja
4 years ago
 
 
 
Aman25629 a year ago

hiee.....
I am pretty confused if abave provided data related to average salary are correct or not..
I mean , i dont guess any of the above mentioned college have average package less than 6 lkhs..
nd i have also verified by visiting individual site.

 
 
 
jatin95631 11 months ago

I hv got 75.58%ile in cat 14 then which is best college for me?
and I hv also call from ibs Hyderabad so is it better option for me?

 
 
 
deep77350 6 months ago

How can u forget amity university which has a record of 100% placements and average salary of 8.25 laks per annum.and it has reached to 16 laks last year.

 
 
 
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