B-Schools with the best return on investment

MBA is not only one of the most popular post graduation course in India but also a heavy for your pocket one. The Total program fee for colleges such as ISB Hyderabad costs around 40 lakhs. But still the number of MBA aspirants are only increasing with each passing year. This is because MBA is one of the highest paying degrees in the country. Pursuing an MBA degree from a college that provides you a good return on your investment is very important. So, aspiring candidates should keep in mind to pursue this degree from a college that has a record of providing a good return on investment in India for MBA.

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 range from INR 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.

What is ROI (Return Over Investment)?

If you have researched the best B-Schools in India, chances are you have come across the term Return Over Instrument (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 fees but high salary packages will have a high ROI.
• A college with high course fees but the same salary packages 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 courses. For such aspiring candidates, 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. Notably, an executive MBA course could be a good substitute for an MBA.

Here are a few colleges offering the best program fee, average salary packages, highest salary packages, and entrance exams of MBA colleges in India that have the best ROIs.

Top ROI (Return Over Investment) schools

Faculty of Management Studies, New Delhi

Course fee: INR 1.92 Lakh

Average Package: INR 32.4 Lakh

Location: Delhi

Exam: CAT

FMS Delhi, popularly known as the red building of dreams, comes under the Tier 1 business schools with best ROI and high placement statistics. The top recruiters in FMS Delhi placements are American Express, Axis Bank, Bank of America, Hindustan Unilever, HCL, HSBC, ICICI Bank, Morgan Stanley, Accenture Strategy, Bain & Co., BCG, Capgemini, EY, EXL, GEP consulting, IBM, JSW, Kearney, Amazon, BMW, Cloudtail, Flipkart, Freshworks, HCL, Magicbricks, Media.net, Microsoft, etc.

Tata Institute of Social Science, Mumbai

Course fee: INR 2 Lakh

Average Package: INR 23.97 LPA

Location: Mumbai

Exam: TISS-NET

Next in the list of B-Schools with best ROI is the Tata Institute of Social Studies. TISS is the oldest college all over Asia for professional social work education. TISS conducts its own exam (TISSNET) for students which is a computer-based exam that is conducted at the national level. TISSNET score is taken into consideration by TISS for entrance into different Masters programmes. Some of the top recruiters here include Accenture, Aditya, Birla Group, Flipkart, Marico, and Dell Technologies.

Delhi school of Management

Course Fee: INR ~4.2 Lakh

Average Package: INR 11 LPA

Location: Delhi

Exam: CAT, MAT

The Delhi School of Management comes under the Delhi Technical University. The highest CTC here stood at 18 LPA and hence, is considered as a top B-school with the best ROI. Top recruiters like Google, Amazon, KPMG, EY, Schneider Electric, HDFC Bank, Asian Paints, Axis Bank, Gartner, Byju’s, S&P Global and Jubilant Food visited the campus for placement.

Jamnalal Bajaj Institute of Management Studies

Course Fee: INR 6 Lakh

Average Package: INR 27.63 LPA

Location: Mumbai

Exam: CAT, CMAT

JBIMS, also known as “The CEO Factory” is also one of the best B-schools with the best ROI in India. They offer a flagship course called MMS (Masters in Management Studies). The 2019-21 Batch’s final placements resulted in a 100% placement rate, with a notable increase of 28% in the highest CTC offered. The number of offers in the Technology & E-Commerce sector increased highly compared to last year. Major recruiters included Deloitte, EY, PwC, Accenture, Infosys, KPMG.

Vinod Gupta School of Management, IIT Kharagpur

Course Fee: INR 11.5 Lakh

Average Package: INR 19.36 LPA

Location: Kharagpur, WB

Exam: CAT, GMAT

VGSoM is the department of management in IIT Kharagpur. The 2020-21 final placement season saw 72 companies participating in the placement which offered 116 offers to the students. VGSoM is one of the top B-schools with the best RoI where the highest CTC offered in the 2020-21 placement season was 29 LPA. Companies like Diageo, Johnson & Johnson and Titan, EY, Inspirage, PwC, Protiviti, Accenture Digital, Axtria, Ford, MuSigma, etc. visited the campus for the placement drive.

Shailesh J. Mehta School of Management

Course Fee: INR 8.7 Lakh

Average Package: INR 25.9 LPA

Location: Mumbai

Exam: CAT, GMAT

SJMSOM is the department of management under IIT Bombay. The placement drive 2022 saw the highest ever package offered where FMCG, Consulting sector topped other domains. Companies like JP Morgan, ICICI Bank, Infosys Consulting, KPMG Global Services, PwC India, Wipro, MAQ Software, Accenture Strategy, Accenture Technology Consulting, Deloitte, USI, GEP wew among the top recruiters.

Delhi School of Economics (DSE)

Course Fee: INR 30,392

Average Package: INR 13.94 LPA

Location: Delhi

Exam: CAT

The Delhi School of Economics comes under the University of Delhi and provides various post graduation courses. Two popular courses in DSE are the Master of International Business (MIB) and the Master of Human Resource Development (MHRD). The top recruiters include 3EA, Airtel, CitiBank, Calvin Klein, Bira, Bluestacks, Hyundai, ICICI Bank, Delhivery, DHL Supply Chain, etc.

Department of Financial Studies (DFS) University of Delhi

Course Fee: INR 26,000

Average Package: INR 13.3 LPA

Location: Delhi

Exam: CAT

The Department of Financial Students comes under the University of Delhi and is one of the top B-schools with the best ROI in India. The highest package at DFS in the latest placement season was around 20 LPA. Companies like DE Shaw, Arcesium, Barclays, HDFC Bank, Fractal, EY, KPMG were one of the top recruiters in the last placement drive.