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Best ROI MBA Colleges in India 2021: Fees, Average Salary, Highest Salary

Akansha Sirohi
Akansha SirohiPublished On: April 09, 2021

Since the fees of PGDM programmes can vary from 5 lakhs to 25 lakhs per programme, it is very important that you pick the colleges smartly. Before joining an MBA college and taking an education loan, you must check the expected ROI of the college. Check the list of MBA colleges with the best ROI in India.

Best ROI MBA Colleges in India 2020

Master of Business Administration (MBA) is not only one of the most popular courses in India but it also ranks high among the most expensive courses in the country. Top management colleges in India charge a fortune for their flagship business programmes, whether it is a PGDM or PGP. However, why is it that the high programme fee for MBA has no effect on the popularity of the course? It is because MBA also happens to be one of the best paying degrees in India. 

The exact course fee for a PGDM / MBA course from a reputed college in the country varies on the MBA specialization and other details associated with the course. However, on average, the total fees for a PGDM / MBA course ranges from Rs. 10 - 25 lakhs. It is quite obvious that any student who would be willing to invest such a large amount in their education would expect good returns from the course and MBA is a course that delivers on that promise. If you have completed your management education from a good college such as IIM, you are sure to grab an above-average salary package in the Indian context. Here, an important thing to note is the ROI or Return Over Investment of your course.

Also Read:Are Old Private Colleges Better than New IIMs?

What is RoI?

If you have researched for best b-schools in India, chances are you have come across the term Return over Investment (ROI). ROI basically means how much you are earning after completing a course vs the amount you spend in completing the course. Note that:

  • A college with low course fee but high salary packages will have a high ROI.

  • A college with high course fee but same salary package as the previous college will have a lower ROI than the previous college.

As an MBA is an expensive course, many students are on the lookout for MBA scholarships in India and apply for education loans in India to pay for their course. For such a student, it is especially important to select an MBA college with a good RoI to ensure that he/ she can pay his student loans on time and get the best salary from their degree.

n this article, we have provided the b-schools with the best ROI in India. Candidates can check the list below to find out the approx. the programme fee, average salary package, highest salary package and entrance exams of MBA colleges in India that have the best ROIs.

Also Read:List of Top Indian B-schools other than IIM that Accept below 90 CAT Percentile

List of MBA Colleges Offering Best ROI in India

Given below is the list of colleges offering the best return-over-investments in India. Some of the MBA colleges offering the best placements in India are a part of the list. Check the course fee, average salary package and highest salary packages of the flagship management courses of the top MBA colleges in India in the table below.

S.No.Name of the Institute

(in Rs. lakhs)

Average Salary Package
(in Rs. LPA)
Highest Salary Package
(in Rs. LPA)
Entrance Exam
1.IIM Ahmedabad2326.1


2.IIM Calcutta27


3.IIM Bangalore23


4.FMS, Delhi0.8126.4


5.IIM Rohtak


6.IIFT, Delhi7.6020.5


IIFT Entrance Exam, GMAT
7.IIM Ranchi


8.MDI, Gurgaon


9.IIM Indore


10.IIM Kozhikode


11.XLRI, Jamshedpur


12.IIM Trichy


13.SPJIMR, Mumbai


26.4 51CAT, XAT, GMAT
14.JBIMS, Mumbai


15.NMIMS, Mumbai


16.IIM Shillong



The data provided in the above table is as per the latest information available on the college website in 2021. The information is subject to change with time.

Other Private MBA Colleges Offering Good ROI 

Apart from the top MBA colleges provided above, you can also consider some colleges provided below. All these colleges have a good placement record and their annual fee is affordable. 



Average Placement

Doon Business School, Dehradun

INR 2.98 lakh

INR 7.4 lakh

IBMR Business School, Gurgaon

INR 2.33 lakh

INR 8.5 lakh

The ICFAI University, Dehradun

INR 2.58 lakh

INR 5.1 lakh

MET Institute of Management, Mumbai

INR 2.88 lakh

INR 7.5 lakh

SRM University, Sonepat

INR 1.5 lakh

INR 4.5 lakh

Mody University, Sikar

INR 2.95 lakh

INR 6 lakh

Chandigarh University, Chandigarh

INR 2.55 Lakh

INR 12.5 lakh

KL University, Guntur

INR 1.25 lakh

INR 5 lakh

There are various other b-schools as well that offer good ROI. If you are taking a loan, it is very important to check out the placement record of colleges while picking out colleges for admission. Make sure that the college offers stable placement opportunities before applying. As long as the college provided an ROI of 1-2 years, it is safe to take a loan for admission.

Related Articles
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Top 20 MBA Colleges in North IndiaWhy MBA After BCom

Also Read:How to get college admissions during the Coronavirus outbreak?

If you have a query, ask our experts on the CollegeDekho QnA Zone. For help with admission to the management colleges in India, just fill our Common Application Form (CAF) or call our toll-free student helpline number 1800-572-9877. Best of luck!


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I want to pursue MBA from LPU. If I did not appear for any entrance exam like CAT, MAT or XAT then can I get admission?

-Narain sharmaUpdated on July 23, 2021 03:01 PM
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Shreya Sareen, CollegeDekho Expert

Dear Student

Yes, you can apply for MBA admission at Lovely Professional University, Phagwara even if you have not appeared for CAT, MAT or any other entrance examination. However, you will have to appear for the University's own entrance examination (LPUNEST). The entrance examination will help you get a scholarship based on your bachelor scores and performance in the entrance examination. The college will also conduct a personal interview round. Once you have cleared all the rounds, you will have to submit an amount of INR 10,000 as the initial amount for admission. Besides this, you will have ...


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-Gurpreet KaurUpdated on July 23, 2021 10:01 AM
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Abhinav Chamoli, CollegeDekho Expert

Dear Student,

Placements in your MBA course largely depend on various factors including your performance in the course, reputation of college etc. Hence, when choosing an MBA course from a placement point of view, it is best to check their previous year placement records to get an idea.

There are a number of colleges in Punjab that offer good placements in the MBA course. Some of the popular ones that you can consider include:


Dear Sir,I just wanted to ask that is entrance exam necessary to take admission in a reputed college (like IMT ,NMIMS) for distance MBAOr one can get direct admission ?More than 8 year of work ex in banking sector

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Dear Student,

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For admissions-related help, call our toll-free helpline number 18005729877.

Thank you.


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