Top 15 MBA colleges offering best jobs in 2021 placements

Getting a job

Whenever we talk about the MBA colleges across the country, IIMs remain our top priority most of the time. But with time, many other management colleges are making it to the top.  Several IIMs and other top B-schools in India like IIFT, FMS, MDI, SPJIMR, IMT-Ghaziabad have recently concluded their final placement process for session 2020.

In case you are amongst the one who is planning to do an MBA soon, then check out the job placements report which will encourage you to apply. of IIMS and other renowned B-Schools. Read further to know about the placements at the top management institutes in India.

Top 15 MBA Colleges in India – Placement Details

Here we will share brief details on the average salary package of 15 top MBA colleges in India. Check the key highlights of the placement process across institutes for the year 2020 are mentioned below:

RankIndia Based Top MBA CollegesAverage starting packageTuition FeesEntrance Exams
1IIM AhmedabadINR 25.83 lakhINR 23 lakhCAT/GMAT
2IIM BangaloreINR 24.54 lakhINR 23 lakhCAT/GMAT
3IIM CalcuttaINR 27.90 lakhINR 27 lakhCAT/GMAT
4XLRI Xavier School of ManagementINR 24.30 lakhINR 20 lakhXAT/GMAT/CAT
5Indian School of Business (ISB)INR 24.35 lakhINR 24.54 lakhGMAT/GRE
6SPJIMR MumbaiINR 22 lakhINR 17.50 lakhGMAT/CAT/XAT
7IIM IndoreINR 20.79 lakhINR 16 lakhCAT/GMAT
8IIM LucknowINR 24 lakhINR 14.16 lakhCAT/GMAT
9FMS DelhiINR 23.20 lakhINR 1.92 lakhCAT/GMAT
10IIFT DelhiINR 18 lakhINR 17.25 lakhIIFT/ GMAT
11IIM KozhikodeINR 20.67 lakhINR 19 lakhCAT/GMAT
12NMIMS School of Business ManagementINR 17.79 lakhINR 19.76 lakhNMAT/GRE/GMAT
13MDI Gurgaon – Management Development InstituteINR 19.17 lakhINR 16.00 lakhCAT/GMAT
14NMIMS School of Business ManagementINR 10.50 lakhINR 19.76 lakhNMAT/GMAT/GRE
15IIT KharagpurINR 16.11 lakhINR 9 lakhCAT/GMAT

IIM Ahmedabad

For the year 2020, more than 153 firms participated in the IIM Ahmedabad placements and offered 182 jobs to MBA graduates. Some of the main recruiters that offered top placements include McKinsey, Boston Consulting Group, and Tata Consultancy Services.

Key highlights

  • Accenture gave the maximum number of job offers that is 23.
  • The maximum salary offered during 2020 MBA placements at IIM Ahmedabad was INR 70.00 LPA.
  • The average salary offered was INR 25.83 LPA.
  • The international salary offered was INR 83.51 LPA.

IIM Bangalore

During the final placement process at IIM Bangalore, close to 430 students got appointed by different companies. The maximum number of job offers were made in the Consulting sector, followed by IT and General Management.

The MBA graduates’ average salary package was INR 26.18 lakh per annum; however, the international salary offered was INR 32.30 lakh per annum.

Compared to the previous year, IIM Bangalore witnessed a steep decline in international salary, in the 2019 MBA placements, the maximum international salary package was INR 62.30 lakh per annum.

Key Highlights

  • The average international salary given was INR 32.10 LPA, while the median international wage was INR 26.00 LPA.
  • The average domestic salary was INR 26.18 LPA.
  • Total companies that took part in the placement round were 120.

IIM Calcutta

This year, the final placement process at IIM Calcutta was held for three days. Close to 500 offers were given to 439 students. The average salary offered in 2020 to the MBA graduates was INR 27.90 lakh per annum, an increase by INR 2.50 lakh as compared to the previous year. The maximum salary offered was INR 80 lakh, an increase of INR 8 lakh from last year.

During the placement process in 2020, Finance and Consulting sectors were the primary recruiters who gave maximum job offers to almost 50% of graduates.

Key Highlights

  • The maximum salary package offered was INR 80.00 LPA, while the average salary offered to the graduates was INR 27.90 LPA.
  • The median salary offered was INR 25.50 LPA.
  • At IIM Calcutta, for the year 2020, a total of 492 offers were made.
  • Some of the primary recruiters that took part in the placement round include McKinsey & Co, Bain & Co, Kearney, PricewaterhouseCoopers, the Boston Consulting Group, and Accenture.

IIM Indore

IIM Indore witnessed 100 per cent placement as all the MBA graduates got decent placements. The maximum salary offered was INR 50 lakh per annum while the average domestic salary was INR 22.92 lakh per annum.

No international offers were made at IIM Indore in 2020. Some of the leading recruiters in 2020 include Aditya Birla Sun Life, DHFL Pramerica, Shriram Life Insurance, Airtel, Amazon, American Express, MakeMyTrip, PayTM, Boston Consulting Group, among others.

Key highlights include:

  • The maximum highest salary offered was INR 50.00 LPA.
  • The average salary offered was INR 22.92 LPA, while the median salary offered was INR 22.00 LPA.
  • Total job offers made 160, which include two international job offers as well.

FMS Delhi

FMS Delhi is among the top B Schools from where pursuing an MBA course will offer higher ROI. For the year 2020, FMS Delhi witnessed an 11 per cent surge in the average salary offer last year. The average salary offered to MBA graduates in 2020 was INR 25.60 lakh per annum, increasing from INR 23.30 lakh per annum provided in 2019.

Key highlights

  • A total of 234 offers were made to 219 MBA students. Consulting and General Management sector made maximum offers (close to 100) followed by Sales and Marketing (74).
  • The highest salary offered was INR 58.60 LPA, while the average salary offered was INR 25.60 LPA.
  • The median salary offered to MBA graduates was 23.40 LPA.
  • A total of 219 students participated in the FMS Delhi placements round.
  • The total number of offers made were 234, which includes some pre-placement offers as well.
  • Some of the prominent participants at FMS placement rounds include Accenture Strategy, Airtel, Flipkart, Kearney, McKinsey & Company.

Of 20 IIMs, 14 are included in the top 60 list of management institutes in India as per NIRF 2020. While the other management institutes like MDIs and FMS are at par with the top IIMs. In case you plan to do an MBA course, there are many options to choose.

The average salary offered to the MBA graduates was INR 23 Lakhs PA. The average tuition fee for the colleges mentioned above is close to INR 10.7 Lakhs PA. But students can expect one thing post completing a management degree, which is a higher ROI.

All those who are eyeing to join the MBA institutes in India must study harder to expect good things after completion. So, chase your dreams and all the best!