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
Deputy Manager - MBA & BBA Content
One can expect salary figures that will widen the eyes. Graduates from these top MBA colleges in India can command salaries averaging INR 15-25 lakhs per annum. This article is your compass, guiding you through the top contenders, their average packages, & the secrets to unlocking your dream career. Let's dive into the top 50 NIRF-ranked colleges.

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 MBA Colleges with Average Package

List of MBA Colleges with Average Package

List of Top MBA Colleges with Average Package: India has more than 5,000 MBA colleges, which makes it difficult for aspirants to choose a specific bschool. One of the primary factors used to evaluate these institutions is the average salary package provided to past graduates. Graduates from top Indian B-schools can expect average annual salaries ranging upwards of INR 25 lakhs. Securing admission at these top-tier programs requires passing competitive entrance exams like CAT, SNAP, or XAT.

Candidates often evaluate the best MBA colleges by comparing their fees against their placement records and calculating the RoI. This article provides a list of the top 50 MBA colleges in India based on the NIRF rankings. It covers IIMs and other leading institutions, with details on their average placement packages, admission processes, and fees.

Table of contents
  • 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 2025

Average Placement Package

IIM Ranchi

17

INR 18.69 LPA

IIM Bangalore

2

INR 35.92 LPA

IIM Calcutta

7

INR 35.07 LPA*

IIM Ahmedabad

1

INR 34.45 LPA*

IIM Lucknow

5

INR 30 LPA

IIM Kozhikode

3

INR 28.05 LPA

IIM Indore

8

INR 25.68 LPA

IIM Mumbai

6

INR 33.84 LPA (top 50%)*

IIM Shillong

38

INR 26.10 LPA

IIM Raipur

15

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

34

INR 14.21 LPA

IIM Visakhapatnam

29

INR 15.61 LPA*

IIM Amritsar

64

INR 19.73 LPA (Top quartile)*

IIM Jammu

35

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

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IIT vs IIM MBA Comparison: Placements & Rankings

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Q&A Icon
Commonly asked questions
Q:   Will GMAC release NMAT cutoff?
A: 

Graduate Management Admission Council (GMAC), the conducting body of NMAT exam, do not release the NMAT cutoff scores or percentile. The cutoff scores are released by the NMAT participating institutes at the time of the admission process. For NMAT exam conducted from October 10 to December 19, the MBA admission process at participating b-schools typically start from the month of November. While some b-schools also conduct the NMAT based MBA admission process from the month of February in the subsequent admission cycle.

Q:   How are TANCET cutoff scores determined?
A: 

Some factors that influence TANCET cutoff scores include number of seats, difficulty level of exam, previous cutoff trends, number of test takers, performance of test takers, among other factors.

Q:   What is the CAT exam cutoff required to get admission to IIM Bangalore?
A: 

The CAT cut offs for IIM Bangalore hovers between 97-100 percentile. The qualifying CAT cut off required for being eligible for IIM Bangalore's Written Ability test (What) and Personal Interview PI is 85 percentile for General category students, whereas for SC candidates, it is 70 percentile. For ST candidates, it is 65 percentile and for PwD candidates it is 60 percentile. Given below are the sectional and overall qualifying CAT cut offs for IIM Bangalore.

  • General category: 80 VARC 75 DILR 75 Quantitative Aptitude 85 (Overall)
  • NC-OBC category: 75 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
  • EWS category: 70 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
  • SC category: 65 VARC 60 DILR 60 Quantitative Aptitude 70 (Overall)
  • ST category: 55 VARC 55 DILR 55 Quantitative Aptitude 65 (Overall)
  • PwD category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall)
Q:   What is the difference between qualifying CAT cut off and final CAT cut off?
A: 
Qualifying CAT cut off percentiles of an IIM is the minimum percentile (sectional as well as overall) required by candidates to be eligible for the Written Ability Test (What) and Personal Interview PI round. These are only eligibility score and not the score for selection. The final CAT cut off percentiles are the scores on the basis of which a candidate is actually selected for the What-PI round. The qualifying CAT cut offs are released publically before the CAT exam and result as a part of selection criteria for the MBA/PGP batch of that year. The qualifying cut offs for CAT are release category wise - General, NC/OBC. General-EWS, SC/ST, PwD. The qualifying cut offs percentiles of General category candidate is higher than then rest. The final CAT cut offs are not released publically. The cut offs are estimate on the basis of candidate's selection for What-PI. The final CAT cut offs for General category candidate is also higher than then rest.

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 2025

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

7

INR 35.07 LPA*

IIM Lucknow

5

INR 30 LPA

IIM Mumbai

6

INR 33.84 LPA (top 50%)*

IIM Indore

8

INR 25.68 LPA

XLRI-Xavier School of Management, Jamshedpur

10

INR 27.07 LPA

Indian Institute of Technology, Bombay

14

INR 23.5 LPA

Management Development Institute, Gurgaon

9

INR 25.5 LPA

IIM Rohtak

19

INR 19.27 LPA

Symbiosis Institute of Business Management, Pune

11

INR 28.16 LPA

IIM Raipur

15

INR 19.7 LPA

Indian Institute of Foreign Trade, Delhi

17

INR 27.3 LPA

Indian Institute of Technology, Madras

13

INR 16.93 LPA

IIM Ranchi

18

INR 18.69 LPA

Indian Institute of Technology, Roorkee

22

INR 18.3 LPA

Indian Institute of Technology, Kharagpur

12

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

24

INR 25.13 LPA

IIM Udaipur

21

INR 18.8 LPA

IIM Kashipur

23

INR 18.10 LPA*

IIM Shillong

38

INR 26.10 LPA

Jamia Millia Islamia, New Delhi

28

to be updated

IIM Visakhapatnam

29

INR 15.61 LPA*

IIM Tiruchirappalli

16

INR 19.43 LPA

Amrita Vishwa Vidyapeetham, Coimbatore

26

INR 8.33 LPA

Indian Institute of Technology, Kanpur

27

INR 18.2 LPA

Amity University, Noida

49

to be updated

IIM Nagpur

25

INR 16.29 LPA

MICA, Ahmedabad

33

INR 19.21 LPA

IIM Bodh Gaya

31

INR 13.90 LPA

Great Lakes Institute of Management, Chennai

37

- 15.10 LPA (PGDM)

- INR 17.30 LPA (PGPM)

Institute of Management Technology, Ghaziabad

30

INR 17.07 LPA

Chandigarh University

32

INR 9.54 LPA*

Goa Institute of Management

43

INR 14.81 LPA

Lovely Professional University, Punjab

44

INR 7 LPA

ICFAI Foundation for Higher Education, Hyderabad

46

to be updated

International Management Institute, Delhi

40

INR 16.71 LPA

UPES, Dehradun

36

INR 7.69 LPA

IIM Jammu

35

- INR 14.01 LPA (MBA HA & HM)

- INR 15.48 LPA (MBA)

XIM University

45

- 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

47

to be updated

Jaipuria Institute of Management, Noida

41

INR 9.05 LPA

Indian Institute of Technology (Indian School of Mines), Dhanbad

48

to be updated

IIM Amritsar

64

INR 19.73 LPA (Top quartile)*

Banaras Hindu University

60

INR 11.1 LPA

Institute of Rural Management Anand (IRMA)

54

INR 14.14 LPA

IIM Sambalpur

34

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
Deputy Manager - MBA & BBA Content

Abhishek Dhawan is a content writer and editor with 7+ years of experience in education journalism. He holds a BA degree from the University of Delhi. At Shiksha, Abhishek primarily covers MBA and BBA entrance

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