Cheap MBA Colleges | Best ROI | Business Schools in India
MBA is one of the most expensive degrees in India. However, the list of colleges given below provides quality education and industry exposure with the best ROI. The average, total fees for PGDM/MBA courses from any IIMs is more than 20 lakhs and students who are willing to invest so much would expect good returns from the colleges.
What is ROI?
Return on Investment (ROI) means that a college with low fees but offers you a high salary package. As MBA is an expensive course, students usually apply for loans to pay for their course. For every student, it is essential to select an MBA college with good ROI to pay their loans on time and get the best package.
List of colleges with best ROI -:
| Rank | College | Course Fees | Average Placement Package |
| 1. | Faculty of Management Studies (FMS) | 1.92 Lakh (2022 – 2024) | 32.4 LPA (2020-2022) |
| 2. | Jamnalal Bajaj Institute of Management Studies (JBIMS) | Approx 6 lakh | 23.16 (2019-2021)
27.63 (2020-2022) |
| 3. | NITIE Mumbai | 14.63 lakh (2022-2024) | 19.50 (2019-2021)
25.41 (2020-2022) |
| 4. | TISS Mumbai | Approx 1.7 Lakh | 23.97 (2020-2022) |
| 5. | IIT Delhi | 9.60 Lakh (2022-2024) | 18.5 (2019-2021)
21.9 (2020-2022) |
| 6. | Vinod Gupta School of Management, IIT Kharagpur (VGSoM) | 11.59 Lakh (2021-2023) | 19.36 (2020-2022) |
| 7. | Sydenham Institute of Management Studies, Research, and Entrepreneurship Education (SIMSREE) | 1.38 Lakh (2022-2024) | 12.30 (2019-2021) |
| 8. | Institute of Rural Management (IRMA) | 1.01 Lakh (2022-2024) | 14.33 (2020-2022) |
| 9. | Department of Industrial and Management Engineering, IIT Kanpur | 1.079 Lakh (2022-2024) | 13.51 (2019-2021)
Average CTC growth of 22.54% w.r.t previous year |
| 10. | Birla Institute of Technology and Science, (BITS) | 6.53 Lakh (2021-2023) | 8.33 (2018-2020)
8.99 (2019-2021) |
| 11. | SRCC Delhi | 3.2 Lakh | 10.88 (2019-2021) |
| 12. | Indian Institute of Technology Madras | 8 Lakh | 16.66 LPA (2020-2022) |
| 13. | UBS Chandigarh | 37,450 (2022-2024) | 10.13 (2020-2022) |
| 14. | PUMBA Pune | 1.29 Lakh | 6.74 (2019-2021)
8.01 (2020-2022) |
| 15. | Department of Commerce, Delhi School of Economics, Delhi University | 30,392 | 10.64 (2019-2021) |
“In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks” So make sure you seize every opportunity and target the best college where you can get the best exposure with the best ROI.
All the best!
