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Cheap MBA Colleges | Best ROI | Business Schools in India
April 22 2025

MBA Colleges in India with the Best ROI

An MBA is one of the most expensive postgraduate degrees in India. On average, the total cost of pursuing an MBA or PGDM from any of the IIMs exceeds ₹20 lakhs. Naturally, students making such a significant investment expect strong returns from their chosen colleges.

 What is ROI in MBA?

ROI (Return on Investment) refers to the value you get in return for your education investment. In simple terms, a college with low fees but offers a high average salary package has a good ROI.

Since MBA courses often require students to take loans, it's important to choose a college where the potential salary will allow you to repay your loan quickly and comfortably.


 Top MBA Colleges in India with Best ROI (2024–2025)

Rank College Course Fees Average Placement Package (LPA)
1 Faculty of Management Studies (FMS), Delhi ₹2 Lakhs ₹34.1 LPA
2 Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai ₹6.10 Lakhs ₹27 LPA
3 IIM Mumbai (formerly NITIE Mumbai) ₹21 Lakhs ₹33.84 LPA (Top 50%)
4 Tata Institute of Social Sciences (TISS), Mumbai ₹1.7 Lakhs (Approx.) ₹26.31 LPA
5 Department of Management Studies, IIT Delhi ₹9.60 Lakhs ₹25.82 LPA
6 Vinod Gupta School of Management, IIT Kharagpur (VGSoM) ₹12.85 Lakhs ₹20.83 LPA
7 Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE), Mumbai ₹1.38 Lakhs ₹12 LPA
8 Institute of Rural Management Anand (IRMA) ₹16.75 Lakhs ₹14.14 LPA
9 Department of Industrial and Management Engineering, IIT Kanpur ₹8 – ₹8.38 Lakhs ₹18.20 LPA
10 Birla Institute of Technology and Science (BITS), Pilani ₹6.53 Lakhs ₹16.48 LPA (MBA Business Analytics)
11 Shri Ram College of Commerce (SRCC), Delhi ₹3.2 Lakhs ₹8.63 LPA
12 Department of Management Studies, IIT Madras ₹8 Lakhs ₹16.93 LPA
13 University Business School (UBS), Chandigarh ₹39,570 ₹13.72 LPA
14 Department of Management Sciences (PUMBA), Pune ₹1.3 – ₹1.5 Lakhs ₹11.23 LPA
15 Delhi School of Economics (DSE), University of Delhi ₹48,770 ₹13.94 LPA

Understanding ROI in MBA Education

Return on Investment (ROI) in the context of MBA education refers to the value you receive in return for the money and time invested in your degree. A high ROI indicates that the average salary package offered to graduates is significantly higher than the cost of the program. This is particularly important for students who may need to take loans to finance their education, as a higher ROI can facilitate quicker loan repayment and better financial stability post-graduation.


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mba
Author
Anisha Mukhija

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