Deciding to study an MBA degree is a big step towards a career for aspiring managers and entrepreneurs. But merely making up your mind about deciding upon an MBA course is not enough. As such, you are required to do some brainstorming before opting for the course from a management college. After all, there is no relevance to investing that much of money and time, if at the end, you do not land up getting a lucrative job offer.
Considering the number of MBA institutions, there are around 3000 Management Colleges across India including top ranked premiere IIMs. Top private MBA colleges offer quality education and great placements. A major factor that contributes to an institute’s high rank is the Return on Investment (RoI).The RoI of any reputed Private MBA college in India is well assessed by the placement statistics.
For students who are puzzled about how to opt for a leading private Management College to earn an MBA degree and who wonder whether it is a good fit, here’s an outline of what they can expect to get out of an MBA program from a top ranked Private MBA College in terms of RoI with its placement as per NIRF Ranking 2021 are mentioned below
Placement 2022 of Top MBA Colleges : A comparative Trend
|Name of the Colleges||NIRF Ranking||No of Companies participated||Average CTC ( in INR)||Highest CTC ( in INR)||Top Recruiters|
|XLRI||8||108||25.08 LPA||50 LPA||Boston Consulting Group, Bain and Co., PricewaterhouseCoopers, Accenture Strategy, Amazon, ITC, Paytm etc|
|MDI Gurgaon||11||86||23.15 LPA||44 LPA||BMW Group India, D.E. Shaw, Google, Johnson and Johnson, Reckitt Benckiser, The Chesapeake Group etc.|
|SPJIMR Mumbai||19||131||32. LPA||53 LPA||Colgate-Palmolive, Hindustan Unilever, Marico, Mondelez, Procter & Gamble, Barclays, Citibank, Flipkart, Amazon etc|
|SIBM Pune||20||100+||23.06 LPA||45.5 LPA||Bain & Co., Capgemini, Amazon, Axis Bank, Bajaj Auto, Cipla, Dr. Reddy’s, Godrej, GSK, Reliance etc|
|NMIMS Mumbai||22||170+||18.45 LPA||34.72 LPA||Adidas, Asian Paints, GE, L&T, Aditya Birla Group, Max Life Insurance, CRISIL, Accenture, Amazon etc|
|Great Lakes Chennai||24||–||33.26 LPA||17.86 LPA||ADP, Bain, Bristlecone, Deloitte, Cognizant, EY GDS, FedEx, HCL, Infosys, Incedo, Airtel, Dell, Flipkart, Hero etc|
|IIFT, Delhi||25||117||21.08 LPA||46.5 LPA||Cognizant, Infosys, Wipro, HUL, ICICI Bank, Dabur, Godrej Consumer Products, GSK, ITC, L’Oréal, and Tata Consumers, and etc.|
|IMI New Delhi||26||90||15.30 LPA||27.75 LPA||Accenture, Aditya Birla Group, ADP, American Express, Arcesium, Asian Paints, Axis Bank, Bank of America etc.|
|ICFAI Hyderabad||27||149||7.97 LPA||15.89 LPA||Apollo Pharmacy, Arcesium, HDFC, Hero FinCorp, Hettich, Printvenue, Rockwell Industries, TCS, GMMCOetc.|
|Amity University||29||525||5 LPA||21.5 LPA||Flipkart, LIDO, TCS, Evalueserve, Genpact, BYJU;s, VMware, HCL, Cognizant, Dell Technologies etc.|
Detailed Placement 2022 of Top ranked Private MBA Colleges
- XLRI Jamshedpur
Xavier School of Management, Jamshedpur popularly (XLRI) Jamshedpur is among the top ranked Business schools in India and has maintained an excellent placement track record. The leading institute offers a high RoI where the average placement package stands above INR. 24 LPA, while the XLRI Course Fee for its PGDM program stands at around INR 11 LPA.
The Institute has released its placement report 2022 and the Highest salary for its flagship PGDM Program stood at INR 50 LPA whereas the Average CTC was recorded as INR 25.08 LPA and the Median CTC stood at INR 23 LPA. A total of 108 recruiters participated in the placement drive, out of which 23 were first time recruiters and 33.33% students received pre-placement offers.
The institute has also concluded its summer internship placement drive for the batch of 2021-23. 127 offers were provided in the consulting cohort and the Highest Stipend stood at INR 6.8 Lakhs for two months whereas the Average stipend was recorded as INR 1.28 Lakhs.
- MDI Gurgaon
MDI Gurgaon, is one of the top 10 Business schools in India which has maintained an impeccable placement record since its inception. The institute assures a sky-scraping ROI, wherein, the course fee for the Flagship PGDM program costs over INR. 9 LPA against the average package bagged by its students which usually ranges above INR. 20 LPA.
The institute has concluded its placement 2021 with a 5% rise in average salary which has gone up to INR.23.15 LPA. Amazon offered the highest salary of INR.44 LPA recording a hike of 8.6% over last year. Among the 128 recruiters who participated in placement 2021, Deloitte, PwC, Cognizant, ICICI Bank emerged as top recruiters with the highest number of offers.
MDI Gurgaon has successfully completed the summer placement process for its PGDM batch of 2023, This year a total of 86 companies participated in the process, including top brands like Goldman Sachs, JPMC, Accenture Strategy, PepsiCo, Dr. Reddy’s amongst others. The highest stipend during summer placement was recorded as INR 4 lakhs while Sales & Marketing has been the most sought-after domain for MDI’s PGDM batch.
- SPJIMR Mumbai
SPJIMR released its 2022 placement report for its flagship PGDM batch in a record time of two days. 75+ new recruiters took part in the placement drive, offering an Average package of INR. 32. LPA. SPJIMR PGDM Placement 2022 Records 23% Increase in Avg CTC, while Highest Package Stood at INR 53.16 LPA. Over 59% of the batch received the package above INR 30 LPA and Over 87% of the batch received the package of more than INR 25 LPA.
During the SPJIMR final placement 2021, students got 79 pre-placement offers, whereas the consulting sector emerged as the top recruiting sector with offers rolled out to 36% of the batch of 233 participants. Some of the top recruiters were- Colgate-Palmolive, Hindustan Unilever, L’Oréal, Marico, Mondelez, Procter & Gamble, etc.
The institute has also released its autumn summer internship report in which 88 companies participated and the Highest Stipend stood at INR 3.2 Lakhs whereas the Average Stipend stood at INR 2 Lakhs.
- SIBM Pune
Symbiosis Institute of Business Management (SIBM) Pune has recorded an upward jump in average salary by 17.89% and in highest salary by 49.77% in Placement 2022 over last year. SIBM Pune has concluded its Placement 2022 season on a high note with a total of over 217 offers made by 100+ Companies in the SIBM Pune Campus Recruitment Programme this year with 97 PPOs.
Consulting emerged as the top recruiting sector with 30% share in SIBM Pune final placement 2021.There is 49.77% increase in the Highest CTC which stood at INR 45.5 LPA and the Average CTC stood at INR 23.06 LPA Top Recruiters include Accenture, Bain & Co, Capgemini, Amazon, Axis Bank among many others.
The institute has also completed its summer internship placements of batch 2022 where the students received over 200 offers and 100+ companies participated in the SIP placement drive. The highest stipend stood at INR 3 LPA whereas the Average Stipend stood at INR 1.91 LPA.
- NMIMS Mumbai
NMIMS Final Placement of the batch of 2021 witnessed active participation from 200+ recruiters with the MBA Core program recording the highest package of INR 34.72 LPA. For the MBA HR program, the highest package offered stood at INR 21 LPA.The NMIMS average package offered to the top 50 students went INR 29 LPA while the overall average salary stood at INR 18.45 LPA . NMIMS Mumbai affirmed its pedagogical credentials with around 25% of the students securing PPOs for their brilliant performances in the summer internship and competitions.
NMIMS Mumbai summer placements 2021 witnessed the participation of 181 companies for MBA core and 30 for MBA-HR. Highest stipend for MBA Core at NMIMS Mumbai stood at INR 3 Lakhs and INR 2 Lakhs for MBA HR respectively.
- Great Lakes Chennai
Great Lakes Institute of Management (GLIM) Chennai has witnessed an excellent placement season for its PGPM 2021-22 batch. Within five months of batch commencement in July 2021, the B-school not only completed the placement but has witnessed a 30% rise in average salary which has gone up to INR 17.86 LPA and the highest domestic CTC offered increased to 33.26 LPA. The campus placement process for the Great lakes Chennai PGDM Class of 2021 also witnessed an excellent season with participation from marquee recruiters. The average CTC of the PGDM batch increased to 11 LPA and the highest CTC increased to 21.5 LPA.The season witnessed participation from major recruiters like Accenture, ADP, Bain, Bristlecone, Deloitte, etc.
The institute has also released its summer internship placement report of the 2020-22 batch. Following the SIP Report of GLIM Chennai, the highest stipend of INR 3.36 Lakhs per month was offered. The average stipend stood at INR 85.96 K per month. Top recruiting companies like Accenture, Deloitte, Cognizant, EY, HCL, LTI, Infosys, TCS etc participated in the placement drive.
- IIFT New Delhi
IIFT Delhi is one of the top B- schools in the country known for its exemplary placement record. During the past three years itself, the students have consistently bagged an Average Salary package of minimum INR. 20 LPA and above. The college has witnessed the Highest CTC of INR 46.5 LPA and Average CTC of INR 21.08 LPA during its final Placement 2021-22. A total of 117 companies participated in the placement drive and the highest number of jobs were offered in the Sales and Marketing domain.
The institute has also successfully concluded its Summer Internship placements for the batch 2020-22 in which 123 companies offered internship opportunities and the Highest Stipend stood at INR 3.2 Lakhs and the Average Stipend stood at INR 1.61 Lakhs.
- IMI New Delhi
IMI Delhi has consistently aced with more than 90% placement record, higher average salary, an increased number of recruiters in over the years.The institute has released its final placement report for the batch 2021 and the Highest CTC stood at INR 27.75 LPA. The average CTC of the B-school this year is 15.23 LPA which is an increase of 19.26% as compared to last year. The average of the top 10% of the batch has increased by 33.02% while that of the top 25% of the batch by 28.06% The institute has also fetched 5 International offers this year.
The institute has also released its summer internship placement report for the year 2021 and around 86 recruiters participated and the Highest stipend offered was INR 2 Lakhs.
- ICFAI, Hyderabad
ICFAI Business School is one of the leading business schools in the country. The institute conducted its placement drive for the academic batch of 2020-21. 93% of the total batch got placed with good CTC packages. More than 149 companies visited the campus during the placement drive at ISB Hyderabad campus. A total of 821 students were placed by the recruiters.
During the placement drive of 2021, the Highest International CTC stood at INR 50.23 LPA & the Highest Domestic CTC at ICFAI Hyderabad stood at INR 15.89 LPA. The Average CTC stood at INR 7.97 LPA.
- Amity University Noida
Amity University Noida has released its placement report for the batch of 2021. The Amity Placement session starts in August every year. Around 340 companies participated in the placement drive and over 2280 placement offers have been offered till now.
In the placement drive of 2021, the Highest CTC stood at INR 21.5 LPA and the Average CTC was recorded at INR 5 LPA. Around 108 students were offered the package of INR 5 LPA or above whereas around 26 first time recruiters also participated in the placement drive. The institute is also conducting its placement drive for the batch 2022 and till now 18 students have been placed.