ROI is an important factor considered before choosing an MBA college for admission. Top MBA colleges in India with highest ROI are FMS, IIM Ahmedabad, IIM Bangalore, IIM Calcutta, ISB, XLRI, etc. The average package of these colleges ranges between Rs 25 to Rs 35 LPA. FMS is the best MBA college in India with highest ROI as it has the lowest fee of Rs 2.32 lakhs and the average package is Rs 34.1 lakhs. Check the top MBA colleges in India with highest ROI in this blog:
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Top 15 MBA Colleges in India with the Highest ROI (Fees vs Average Package)
| MBA College | Total Fees (₹ Lakhs) | Average Package (₹ Lakhs) |
| ISB | 38.67 | 34.21 |
| XLRI | 30.6 | 31.08 |
| IIM Ahmedabad | 27.5 | 35.5 |
| IIM Calcutta | 27 | 34.23 |
| IIM Bangalore | 26.3 | 34.88 |
| IIM Shillong | 26.18 | 26.44 |
| MDI Gurgaon | 25.9 | 26.2 |
| IIM Kozhikode | 23.5 | 28.05 |
| SPJIMR | 22.66 | 32.1 |
| IIM Indore | 21.15 | 29.57 |
| IIM Lucknow | 20.75 | 32.3 |
| IIT Bombay (SJMSOM) | 15.21 | 25.82 |
| JBIMS | 8.13 | 26.12 |
| IISC Bangalore | 5.04 | 29.62 |
| FMS Delhi | 2.32 | 34.1 |
List of MBA Colleges With Best ROI
- ISB – Indian School of Business Hyderabad has the highest fee of Rs 38.67 Lakhs and the average package is Rs 34.21 LPA.
- XLRI – It is amongst the top MBA colleges in India with highest ROI and has a fee of Rs 30.60 and its average package is Rs 31.08 LPA.
- IIM Ahmedabad – This college is the top dream B-School of every CAT aspirant. IIM Ahmedabad fees is Rs 27.50 and its average package is Rs 30.50 LPA.
- IIM Calcutta – Also known as IIM Joka, IIM C has an average package of Rs 34.23 LPA and the fee is Rs 27 lakhs.
- IIM Bangalore – IIMB is amongst the best MBA colleges in India and has an average package of Rs 34.88 LPA and its fees is Rs 26.30 LPA.
- IIM Shillong – IIM Shillong is considered in the tier 2 MBA college and has an average package of Rs 26.44 LPA and its fee is Rs 26.18 lakhs.
- MDI Gurgaon – Management Development Institute Gurgaon MBA fees is Rs 25.90 Lakhs and the average package is Rs 26.20 LPA.
- IIM Kozhikode – This B-School has the most beautiful campus and is amongst the top MBA colleges in India. The fees of IIM K is Rs 23.50 and its average package is Rs 28.05 LPA.
- SPJIMR – SP Jain offers admission based on SNAP scores and has an average package of Rs 32.20 LPA and the fee is Rs 22.66 LPA.
- IIM Indore – Indian Institute of Management Indore is also in the list of top MBA colleges with highest ROI and the average package is 29.57 LPA and its fee is Rs 21.15 LPA.
- IIM Lucknow – This college has an average package of Rs 32.30 LPA and its fee is Rs 20.75 lakhs.
- IIT Bombay (SJMSOM) – IIT Bombay is amongst the best options to do an MBA from IIT. The average package is Rs 25.82 LPA and the fee is Rs 15.21 lakhs.
- JBIMS – This college is also known as the CEO Factory of India. The average package is Rs 26.12 LPA and the fees is Rs 8.13 Lakhs which is quite low than other colleges.
- IISC Bangalore – This college has an average package of Rs 29.62 LPA and the fees is Rs 5.04 lakhs, which is the lowest after FMS.
- FMS Delhi – Faculty of Management Studies, Delhi is the best MBA college with highest ROI. The average package of this college is Rs 34.10 LPA and the fees is Rs 2.32 LPA.





