Top 10 MBA Colleges in India with the Best ROI

MBA Colleges in India
26 Aug 2025

Choosing the right MBA college in India is not only about brand name and academic reputation but also about Return on Investment (ROI). With MBA fees skyrocketing across B-schools, students and parents are increasingly focused on whether the career opportunities and salary packages justify the cost of education. ROI in MBA essentially compares the average placement package (CTC) against the total course fee, enabling aspirants to make more informed career decisions.

Here’s a list of the Top 10 MBA Colleges in India with the Best ROI in 2025, curated by MyCollegeRoute.com based on official data.

1. FMS Delhi

  • Fee: Rs. 2.32 Lakhs
  • Average CTC: Rs. 34.1 LPA

The Faculty of Management Studies (FMS Delhi) consistently tops the ROI charts. With minimal fees and stellar placements, FMS is often considered the “best value-for-money MBA college in India.” It attracts top recruiters from consulting, BFSI, and FMCG sectors, offering packages that easily outshine its low course fee.

2. TISS Mumbai

  • Fee: Rs. 1.85 Lakhs
  • Average CTC: Rs. 28.3 LPA

Tata Institute of Social Sciences (TISS Mumbai) is renowned for its HRM & LR program, which is considered equivalent to IIMs for HR specialization. With such a low fee and nearly Rs. 30 LPA salary packages, TISS is one of the top MBA colleges in India, offering ROI-focused outcomes.

3. JBIMS Mumbai

  • Fee: Rs. 6.05 Lakhs
  • Average CTC: Rs. 26.12 LPA

Known as the “CEO Factory,” JBIMS (Jamnalal Bajaj Institute of Management Studies), offers a fantastic ROI thanks to its strong industry connections and location advantage in Mumbai, the financial hub of India. Many alumni have reached top leadership positions globally.

4. SJMSOM, IIT Bombay

  • Fee: Rs. 15.16 Lakhs
  • Average CTC: Rs. 28.01 LPA

The Shailesh J. Mehta School of Management at IIT Bombay combines IIT’s strong technical base with management expertise. Its average placement package ensures one of the best ROI ratios among IIT B-schools.

5. DMS, IIT Delhi

  • Fee: Rs. 12 Lakhs
  • Average CTC: Rs. 25.28 LPA

The Department of Management Studies (DMS) at IIT Delhi offers robust placement opportunities in consulting, analytics, and technology management. With its global ranking and affordable fee structure, it is among the top ROI MBA colleges in India.

6. VGSoM, IIT Kharagpur

  • Fee: Rs. 12.85 Lakhs
  • Average CTC: Rs. 24 LPA

The Vinod Gupta School of Management (VGSoM) at IIT Kharagpur is another strong option at IIT. It offers placements in core management, consulting, and operations, ensuring a balanced ROI for MBA aspirants.

7. IIM Lucknow

  • Fee: Rs. 20.75 Lakhs
  • Average CTC: Rs. 32.3 LPA

Among the Top 10 IIMs in India, IIM Lucknow offers a high ROI despite its higher fees compared to IITs and FMS. With consistent placements across consulting, strategy, and BFSI, it remains a preferred destination for MBA aspirants.

8. DBE, University of Delhi

  • Fee: Rs. 0.98 Lakhs
  • Average CTC: Rs. 13.5 LPA

The Department of Business Economics (DBE-DU) is one of the most affordable MBA/PGDM programs in India. Despite its extremely low fee, its strong placement record ensures aspirants get maximum ROI.

9. IIFT Delhi

  • Fee: Rs. 21.82 Lakhs
  • Average CTC: Rs. 27.3 LPA

Specializing in International Business, IIFT Delhi is a top choice for students aiming for global careers. The placements with multinational companies ensure a solid return despite higher fees.

10. DoMS, IIT Kanpur

  • Fee: Rs. 8.25 Lakhs
  • Average CTC: Rs. 18.2 LPA

The Department of Management Studies at IIT Kanpur offers one of the most cost-effective MBA programs. With its strong technical ecosystem and rising placement records, it is emerging as a top ROI-focused MBA option.

Final Thoughts

If you are an MBA aspirant evaluating colleges, remember that ROI is a critical factor in choosing the right B-school. While IIMs offer prestige, institutes like FMS Delhi, TISS Mumbai, JBIMS Mumbai, and IITs provide excellent returns at much lower costs.

At MyCollegeRoute.com, we help you explore the best MBA colleges in India based on ROI, fees, placements, entrance exams (CAT, XAT, CMAT, MAT), and career growth opportunities. With innovative research and informed decisions, you can maximize your MBA investment and secure a rewarding career.

FAQs

1. Which MBA college in India has the best ROI?

FMS Delhi tops the list of MBA colleges in India with the best ROI. With fees around Rs. 2.32 lakhs and an average CTC of Rs. 34.1 LPA, it consistently delivers the highest return on investment.

2. Is ROI significant while choosing an MBA college?

Yes, ROI is a critical factor. It helps you evaluate whether the cost of pursuing an MBA justifies the placement packages and career opportunities you will get after graduation.

3. Which IIM has the best ROI?

Among the IIMs, IIM Lucknow offers one of the best ROI with an average CTC of Rs. 32.3 LPA against a fee of Rs. 20.75 lakhs. Newer IIMs may have lower costs, but placements vary.

4. Are IIT MBA programs good in terms of ROI?

Yes, IITs like IIT Bombay (SJMSOM), IIT Delhi (DMS), and IIT Kharagpur (VGSoM) offer excellent ROI. With fees between Rs. 12–15 lakhs and average packages of Rs. 24–28 LPA, they are excellent choices for value-for-money MBA education.

5. Which are the low-fee MBA colleges in India with high placements?

FMS Delhi, TISS Mumbai, JBIMS Mumbai, and DBE-DU are renowned for their low tuition fees and excellent placement opportunities, making them some of the top ROI-driven MBA colleges in India.

6. What is the average salary package at TISS Mumbai?

The average CTC at TISS Mumbai is Rs. 28.3 LPA, with recruiters from top HR, consulting, and corporate sectors hiring actively.

7. Is JBIMS Mumbai worth it for ROI?

Yes, JBIMS Mumbai, also known as the “CEO Factory,” charges around Rs. 6 lakhs in fees but offers packages averaging Rs. 26.12 LPA, ensuring an excellent ROI.

8. Which MBA entrance exams help in getting into top ROI colleges?

CAT, XAT, CMAT, and MAT are the major entrance exams accepted by ROI-driven colleges, such as FMS, TISS, JBIMS, IIFT, IITs, and IIMs.

9. Is IIFT Delhi a good choice for ROI?

Yes, IIFT Delhi offers specialized MBA programs in International Business. With fees around Rs. 21.82 lakhs and placements averaging Rs. 27.3 LPA, it ensures a strong return on investment.

10. How can MyCollegeRoute.com help me choose the right MBA college?

MyCollegeRoute.com provides authentic data on MBA fees, placements, ROI, entrance exams, and admission processes, helping aspirants choose the best MBA colleges in India based on their career goals and budget.

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