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India's Most Improved B-Schools: 3-Year MBA Placement Growth, Average Packages and ROI
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India's Most Improved B-Schools: 3-Year Placement Growth Leaderboard - Amid ongoing MBA admission 2027, candidates who are going to appear for CAT, XAT, or SNAP are curious about which top B-Schools to pick apart from IIMs. The candidates need to compare the placement statistics, return on investment, and other factors before deciding on an MBA college for admission. In this article, we have ranked top B-Schools based on their MBA average package, along with their return on investment and placement statistics. Candidates are advised to keep reading this article for more information related to India’s most improved B-school.
Top B-Schools Placement Growth Trends: 2026 vs 2025 vs 2024
Here are the top 10 B-Schools with their average package for the past three years. Many of them have seen positive growth in their average packages, while some have lagged behind others. We have collected the MBA colleges' average package data from the official placement reports of the respective schools. So candidates can check the data in the table below.
MBA Colleges | Average Package 2024 | Average Package 2025 | Average Package 2026 |
Rs. 31.08 LPA | Rs. 27.33 LPA | Rs. 31.40 LPA | |
MDI Gurgaon | Rs. 25.5 LPA | Rs. 25.6 LPA | Rs. 29.5 LPA |
JBIMS, Mumbai | — | Rs. 26.48 LPA | Rs. 26.67 LPA |
SPJIMR, Mumbai | Rs. 33 LPA | Rs. 32 LPA | Rs. 33.7 LPA |
FMS, Delhi | Rs. 29.2 LPA | Rs. 30.1 LPA | Rs. 32.27 LPA |
IMT, Ghaziabad | Rs. 17.18 LPA | Rs. 16.07 LPA | Rs. 17.64 LPA |
MICA, Ahmedabad | Rs. 29.09 LPA | Rs. 19.21 LPA | Rs. 19.22 LPA |
Rs. 29.9 LPA | Rs. 27.30 LPA | Rs. 31.30 LPA | |
SCMHRD, Pune | Rs. 24.28 LPA | Rs. 21.47 LPA | Rs. 21.90 LPA |
KJ Somaiya | Rs. 12.45 LPA | Rs. 12.69 LPA | Rs. 13.05 LPA |
Note: We have used placement data up to the 2023- 25 batch for SCMHRD, Pune, and MICA, Ahmedabad as the latest data available.
Top B-schools 3-Year Placement Growth Leaderboard
MDI Gurgaon average package recorded a positive growth of around 15.69%, ranking first on the leaderboard, while MICA, Ahmedabad saw a significant drop from Rs. 29.09 LPA in 2023 to Rs. 19.22 LPA in 2025, ranking last on the leaderboard. Candidates are advised to check the table below for more details.
Rank | MBA Colleges | Average Package Growth (2024–2026) |
1. | MDI Gurgaon | 15.69% |
2. | FMS, Delhi | 10.51% |
3. | KJ Somaiya | 4.82% |
4. | IIFT, Delhi | 4.68% |
5. | IMT, Ghaziabad | 2.68% |
6. | 2.12% | |
7. | XLRI, Jamshedpur | 1.03% |
8. | JBIMS | — |
9. | SCMHRD, Pune | -9.80% |
10. | MICA, Ahmedabad | -33.93% |
Methodology Used
It is calculated by dividing the difference between the 2026 and 2024 average packages by the 2024 package and multiplying by 100. A positive value indicates growth, while a negative value indicates a decline.
Top B-schools Placement Statistics 2026: Return on Investment
FMS Delhi topped the list with a return on investment of around 1,317%, given the MBA fees of Rs. 2.45 lakh for the two-year MBA programme, while the average package is around Rs. 32.27 LPA. It is followed by JBIMS, Mumbai, and IIFT Delhi. Candidates are advised to check the return on investment before applying for MBA admission 2027-29.
MBA Colleges | MBA Fees | Average Package | Return on Investment (ROI) |
XLRI, Jamshedpur | Rs. 30.50 lakh | Rs. 31.40 LPA | 102.95% |
MDI Gurgaon | Rs. 26.55 lakh | Rs. 29.50 LPA | 111.11% |
JBIMS | Rs. 4.06 lakh | Rs. 26.67 LPA | 656.90% |
SPJIMR, Mumbai | Rs. 22.66 lakh | Rs. 33.7 LPA | 148.72% |
FMS, Delhi | Rs. 2.45 lakh | Rs. 32.27 LPA | 1,317.14% |
IMT, Ghaziabad | Rs. 23 lakh | Rs. 17.64 LPA | 76.70% |
MICA, Ahmedabad | Rs. 29.50 lakh | Rs. 19.22 LPA | 65.15% |
IIFT, Delhi (MBA IB) | Rs. 19.73 lakh | Rs. 31.30 LPA | 158.64% |
IIFT, Delhi (MBA BA) | Rs. 17.93 lakh | Rs. 31.30 LPA | 174.57% |
Rs. 28.54 lakh | Rs. 21.90 LPA | 76.73% | |
KJ Somaiya | Rs. 23.87 lakh | Rs. 13.05 LPA | 54.67% |
India’s Most Improved B-Schools: Highest and Median Packages 2026
Candidates who are interested in the MBA application form 2027 are advised to check the highest package, average salary, and median CTC of the top B-Schools to choose wisely from the list of MBA colleges. The table below highlights the highest and median package, along with the MBA average salary for your reference.
B-Schools | Median Package | Average Package | Highest Package |
XLRI, Jamshedpur | Rs. 29 LPA | Rs. 31.40 LPA | Rs. 1.10 Cr. |
MDI Gurgaon | Rs. 29 LPA | Rs. 29.5 LPA | Rs. 97.50 LPA |
JBIMS, Mumbai | Rs. 26.15 LPA | Rs. 26.67 LPA | Rs. 80 LPA |
SPJIMR, Mumbai | Rs. 32.85 LPA | Rs. 33.7 LPA | Rs. 80 LPA |
FMS, Delhi | Rs. 29.59 LPA | Rs. 32.27 LPA | Rs. 1.1 Cr. |
Rs. 16.50 LPA | Rs. 17.64 LPA | Rs. 46.17 LPA | |
MICA, Ahmedabad | Rs. 18 LPA | Rs. 19.22 LPA | Rs. 40.91 LPA |
IIFT, Delhi | Rs. 26 LPA | Rs. 31.30 LPA | Rs. 1.23 Cr. |
SCMHRD, Pune | Rs. 20 LPA | Rs. 21.90 LPA | Rs. 38 LPA |
KJ Somaiya | Rs. 12 LPA | Rs. 13.05 LPA | Rs. 29.30 LPA |
Top B-Schools MBA Fees 2027
Here is the MBA tuition fee for the top B-Schools in India for MBA admission 2027. MBA fees play an important role in determining the affordability of the institution; hence, they are included as an input in calculating the return on investment in the previous section.
Top MBA Colleges in India | MBA Fees 2027 |
XLRI, Jamshedpur | Rs. 30.50 lakh |
MDI Gurgaon | Rs. 26.55 lakh |
Rs. 4.06 lakh | |
SPJIMR, Mumbai | Rs. 22.66 lakh |
FMS, Delhi | Rs. 2.45 lakh |
IMT, Ghaziabad | Rs. 23 lakh |
MICA, Ahmedabad | Rs. 29.50 lakh |
IIFT, Delhi | MBA IB: Rs. 19.73 lakh |
SCMHRD, Pune | Rs. 28.54 lakh |
Rs. 23.87 lakh |
India’s Most Improved B-schools: Placement Statistics 2026
Candidates can now check the crucial placement insights for top B-Schools ranked based on their average placement growth rate over the last three years. For more information, check the sections mentioned below.
MDI Gurgaon Placement Report 2026
Placement Report 2026 | Placement Statistics 2026 |
Number of Students Appeared | 313 Students |
Highest Package | Rs. 97.50 LPA |
Highest International Package | Rs. 80.20 LPA |
Average Package | Rs. 29.5 LPA |
Median Package | Rs. 29 LPA |
Number of Recruiters | 157 Companies |
Number of PPOs | 189 PPOs |
Dominant Sectors | Consulting, Conglomerates, Tech and Media |
FMS Delhi Placement Report 2026
Placement Report 2026 | Placement Statistics 2026 |
Number of Students Appeared | 304 Students |
Highest Package | Rs. 1.1 Cr. |
Average Package | Rs. 32.27 LPA |
Median Package | Rs. 29.59 LPA |
Number of PPOs | 97 PPOs |
Dominant Sectors | Consulting, Product/IT/Analytics, Marketing |
KJ Somaiya Placement Statistics 2026
Placement Report 2026 | Placement Statistics 2026 |
Highest Package | Rs. 29.30 LPA |
Average Package | R. 13.05 LPA |
Median Package | Rs. 12 LPA |
Number of Recruiters | 210 Companies |
Dominant Sectors | Banking and Insurance, Financial Services, Information Technology |
IIFT Delhi Placement Report 2026
Placement Report 2026 | Placement Statistics 2026 |
Highest Package | Rs. 72 LPA |
Highest International Package | Rs. 1.23 Cr. |
Average Package | Rs. 31.30 LPA |
Median Package | Rs. 26 LPA |
Number of Recruiters | 135 Companies |
Dominant Sectors | Sales and Marketing, Finance, Consulting |
IMT Ghaziabad Placement 2026
Placement Report 2026 | Placement Statistics 2026 |
Highest Package | Rs. 35 LPA |
Highest International Package | Rs. 46.17 LPA |
Average Package | Rs. 17.64 LPA |
Median Package | Rs. 16.50 LPA |
Dominant Sectors | BFSI, IT/ITES, Consulting |
SPJIMR Mumbai Placement Statistics 2026
Placement Report 2026 | Placement Statistics 2026 |
Number of Students Appeared | 356 Students |
Highest Package | Rs. 80 LPA |
Average Package | Rs. 33.7 LPA |
Median Package | Rs. 32.8 LPA |
Number of Recruiters | 81 Companies |
Number of PPOs | 163 PPOs |
XLRI Jamshedpur 2026 Placement Report
Placement Report 2026 | Placement Statistics 2026 |
Number of Students Appeared | 576 Students |
Highest Package | Rs. 1.10 Cr. |
Highest International Package | Rs. 59 LPA |
Average Package | Rs. 31.40 LPA |
Median Package | Rs. 29 LPA |
Number of Recruiters | 145 Companies |
Number of PPOs | 245 PPOs (Approx.) |
Dominant Sectors | Consulting, BFSI, and Sales & Marketing |
JBIMS Mumbai Placement Report 2026
Placement Report 2026 | Placement Statistics 2026 |
Number of Students Appeared | 155 Students |
Highest Package | Rs. 80 LPA |
Average Package | Rs. 26.67 LPA |
Median Package | Rs. 26.15 LPA |
Number of Recruiters | 70+ Companies |
Number of PPOs | 93 PPOs |
Dominant Sectors | BFSI, Tech and Ecommerce, and Consulting |
SCMHRD Pune Placement Report 2025
Placement Report 2025 | Placement Statistics 2025 |
Highest Package | Rs. 38 LPA |
Average Package | Rs. 21.90 LPA |
Median Package | Rs. 20 LPA |
Number of Recruiters | 114+ Companies |
Dominant Sectors | BFSI, Engineering and Manufacturing, and Consulting |
MICA MBA Placement Report 2025
Placement Report 2025 | Placement Statistics 2025 |
Number of Students Appeared | 195 Students |
Highest Package | Rs. 40.91 LPA |
Average Package | Rs. 19.22 LPA |
Median Package | Rs. 18 LPA |
Number of Recruiters | 92 Companies |
Number of PPOs | 33 PPOs |
Dominant Sectors | FMCG, FMCD, Consulting and Tech, Media |
Frequently Asked Questions (FAQs)
Q: Which MBA college recorded the highest average package growth from 2024 to 2026?
A:
MDI Gurgaon recorded the highest average package growth of 15.69% between 2024 and 2026, followed by FMS Delhi at 10.51%.
Q: Which B-school has the highest average package in 2026 among the colleges listed?
A:
SPJIMR Mumbai recorded the highest average package at Rs. 33.7 LPA in 2026, followed by FMS Delhi at Rs. 32.27 LPA.
Q: Which MBA college offers the highest ROI among the listed B-schools?
A:
FMS Delhi offers the highest ROI at approximately 1,317.14%, with MBA fees of Rs. 2.45 lakh and an average package of Rs. 32.27 LPA.
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