To choose the best ROI MBA Colleges in India is a crucial decision, and the concept of Return on Investment (ROI) plays a significant role in this process. It's about evaluating the financial and career benefits you gain from an MBA program compared to its cost.
Colleges like FMS, Tata Institute of Social Science, Delhi School of Economics are a few from the list of top 10 ROI MBA colleges in India. Students need to choose an MBA program with a high ROI to repay their student debts on time and earn the highest salary possible from their MBA degree.
What is Return on Investment (ROI)?
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. However, the high program fee for MBA does not affect the popularity of the course because an MBA degree also happens to be one of the best-paying degrees in India.
The term Return on Investment (ROI) means how much one will be earning after the completion of the course vs the amount one spent in completing the course. Students willing to pursue an MBA course are on the lookout for MBA scholarships in India and apply for education loans in India to pay for their courses.
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For such students, it is very important to select an MBA college with a good ROI to be able to repay their student loans on time and get the best salary from their degree.
Top 10 ROI MBA Colleges in India
MBA is known to be one of the highest-paying degrees in the country and the need for MBA graduates for various roles is increasing with each passing year. Pursuing an MBA degree from a college providing a good return on your investment is very important. Listed below are the best ROI MBA colleges in India for 2022:
- Faculty of Management Studies
- Tata Institute of Social Sciences
- Jamnalal Bajaj Institute of Management Studies
- Delhi School of Economics
- Department of Management Studies, IIT Delhi
- Shailesh J Mehta School of Management
- Department of Financial Studies, Delhi University
- Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
- Vinod Gupta School of Management, IIT Kharagpur
- National Institute of Industrial Engineering
1. Faculty of Management Studies (FMS)
Faculty of Management Studies Delhi comes under the Tier 1 B-schools in India and is a vital part of the University of Delhi. It tops the list of B-schools with the best ROI and high placement statistics. FMS Delhi accepts CAT scores for admission and the selection process considers the exam score, group discussion, and personal interview.
- Average Fee: INR 1.92 Lakhs
- Average Salary Package: INR 32.4 LPA
- Entrance Exam: CAT
- Top Recruiters: Flipkart, Microsoft, Airtel, Capgemini ELITE, American Express, IDBI Bank, JP Morgan Chase, Axis Bank, India Bulls, SBI, Cadbury India Limited, etc.
Read More: Top B-schools in India
2. Tata Institute of Social Sciences (TISS)
Another addition to the list of best ROI MBA colleges in India is Tata Institute of Social Sciences which is the oldest college all over Asia for professional social work education. TISS has its own entrance exam which is a computer-based exam conducted at the national level.
- Average Fee: INR 2 Lakhs
- Average Salary Package: INR 23.97 LPA
- Entrance Exam: TISSNET
- Top Recruiters: Accenture, Aditya Birla Group, Flipkart, ITC, Nestle, Flipkart, Marico and Dell Technologies.
Read More: Different Types of MBA Courses
3. Jamnalal Bajaj Institute of Management Studies (JBIMS)
Jamnalal Bajaj Institute of Management Studies which is the Department of Management Studies of the University of Mumbai is one of the best B-schools with the best ROI in India. It is also popularly known as “The CEO Factory” and has produced illustrious alumni like Chanda Kochhar, Mani Ratnam, Vinita Bali, Siddharth Roy Kapoor, and many more.
- Average Fee: INR 6 Lakhs
- Average Salary Package: INR 27.63 LPA
- Entrance Exam: CAT, MAH-CET, GMAT, MAT, ATMA, and CMAT
- Top Recruiters: Deloitte, EY, PwC, Accenture, Infosys, and KPMG.
Read More: One Year MBA Program in India
4. Delhi School of Economics (DSE)
Delhi School of Economics comes under the University of Delhi and is one of India’s best academic institutions in social sciences, economics, commerce, and business. It provides popular master’s programs such as the Master of International Business (MIB) and the Master of Human Resource Development (MHRD). Valid CAT scores are considered for admission to DSE.
- Average Fee: INR 30,392
- Average Salary Package: INR 13.94 LPA
- Entrance Exam: CAT
- Top Recruiters: Airtel, CitiBank, Calvin Klein, Bira, Bluestacks, Hyundai, ICICI Bank, Delhivery, DHL Supply Chain, etc.
Read More: List of 7 Demanding Specializations of MBA
5. Department of Management Studies (DMS), Indian Institute of Technology, Delhi
Department of Management Studies, IIT Delhi offers postgraduate degrees in various management courses offered at the Indian Institute of Technology, Delhi. With great placement statistics, DMS Delhi comes under the list of best ROI MBA colleges in India.
- Average Fee: INR 8.8 lakhs
- Average Salary Package: INR 21.9 LPA
- Entrance Exam: CAT
- Top Recruiters: Rockwell Automation, Accenture, Capgemini, Texas Instruments, Paytm, Reckitt, Amway, Indegene, Hero, etc
Read More: Benefits of Executive MBA in India
6. Shailesh J Mehta School of Management (SJMSOM)
Shailesh J Mehta School of Management is the Department of Management under the Indian Institute of Technology, Bombay. CAT and GMAT scores are considered for admission to master’s programs offered at SJMSOM.
- Average Fee: INR 8.7 lakhs
- Average Salary Package: INR 25.9 LPA
- Entrance Exam: CAT, GMAT
- Top Recruiters: JP Morgan, ICICI Bank, Infosys Consulting, KPMG Global Services, PwC India, Wipro, MAQ Software, etc.
Read More: MBA Colleges in India with Low Fees
7. Department of Financial Studies (DFS), Delhi University
Department of Financial Studies, Delhi University, is one of the top B-schools considered among the best ROI MBA colleges in India.
- Average Fee: INR 26,000
- Average Salary Package: INR 13.3 LPA
- Entrance Exam: CAT
- Top Recruiters: DE Shaw, Arcesium, Barclays, HDFC Bank, Fractal, EY, and KPMG, among others.
Read More: Top 10 Courses After MBA in India
8. Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
Sydenham Institute of Management Studies, Research and Entrepreneurship Education which is a part of the University of Mumbai is one the top B-schools with the best ROI in the country. The average package earned is INR 13.3 LPA. The highest package in the latest placement season was 25 LPA.
- Average Fee: INR 1.38 Lakhs
- Average Salary Package: INR 13.3 LPA
- Entrance Exam: CAT, XAT, MAH-CET, CAT, ATMA, and CMAT
- Top Recruiters: EY, Capgemini, Infosys, Barclays Investment Bank, Axis Bank, Godrej & Boyce, NielsenIQ, etc.
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9. Vinod Gupta School of Management (VGSoM), IIT Kharagpur
Vinod Gupta School of Management, IIT Kharagpur is the Department of Management at the Indian Institute of Technology Kharagpur. CAT and GMAT scores are considered for admission to VGSoM.
- Average Fee: INR 11.5 Lakhs
- Average Salary Package: INR 19.36 LPA
- Entrance Exam: CAT, GMAT
- Top Recruiters: Diageo, Johnson & Johnson and Titan, EY, Inspirage, PwC, Protiviti, Accenture Digital, Axtria, Ford, etc.
Read More: Advantages and Disadvantages of Pursuing MBA
10. National Institute of Industrial Engineering (NITIE)
National Institute of Industrial Engineering is one of the top B-schools considered among the best ROI MBA colleges in India.
- Average Fee: INR 14 Lakhs
- Average Salary Package: INR 25.4 LPA
- Entrance Exam: CAT
- Top Recruiters: Amazon, Deloitte, KPMG, Flipkart, EY, IDFC First, Asian Paints, Google, Accenture Strategy, GEP, HUL, ITC, etc.
Read More: General MBA vs Specialized MBA
Other Best ROI MBA Colleges in India
Tabulated below is the list of best ROI MBA colleges in India along with the course fee and highest salary package:
| Name of the Institute | Fees | Highest CTC |
| IIM Ahmedabad | 23 Lakhs | 55.9 LPA |
| IIM Calcutta | 27 Lakhs | 80 LPA |
| IIM Bangalore | 23 Lakhs | - |
| Faculty of Management Studies, Delhi | 2 Lakhs | 58.8 LPA |
| IIM Rohtak | 16.65 Lakhs | 22.80 LPA |
| IIFT Delhi | 7.60 Lakhs | 46.5 LPA |
| IIM Ranchi | 15.30 Lakhs | 22.37 LPA |
| MDI Gurgaon | 21.34 Lakhs | 40.5 LPA |
| IIM Indore | 16.10 Lakhs | 50 LPA |
| IIM Kozhikode | 19 Lakhs | 58 LPA |
| XLRI Jamshedpur | 16 Lakhs | - |
| IIM Trichy | 16.50 Lakhs | 25 LPA |
| Department of Business Economics, Delhi | 25 K | 21.5 LPA |
| Department of Management Sciences, Savitribai Phule Pune University | 1-2 Lakhs | 13.55 LPA |
| SPJIMR Mumbai | 18.57 Lakhs | 51 LPA |
| NMIMS Mumbai | 17.50 Lakhs | 38.57 LPA |
| IIM Shillong | 14.60 Lakhs | 48.50 LPA |
| SIMSREE, Mumbai | 1.5 Lakhs | 17 LPA |
| TISS, Mumbai | 2-3 Lakhs | 29.32 LPA |
| SJMSOM, IIT Bombay | 2.26 Lakhs | 32.8 LPA |
| JBIMS, Mumbai | 6 Lakhs | 44.00 LPA |
| IIT Delhi | 9.60 Lakhs | 33.8 LPA |
| VGSOM, IIT Kharagpur | 11.6 Lakhs | 26.5 LPA |
| NITIE, Mumbai | 14 Lakhs | 44 LPA |
| IMT Ghaziabad | 19.53 Lakhs | 62 LPA |
| UBS, Chandigarh | 2.4 Lakhs | 53 LPA |
Read More: Top 5 Reasons for Pursuing MBA in Finance
Other Private MBA Colleges Offering Good ROI
In addition to the best ROI MBA colleges in India mentioned above, students can also consider the colleges provided below that have a good placement record and affordable annual fees:
| College Name | Annual Fee | 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 |
Read More: Top MBA Colleges Other Than IIMs
