Top B-School rankings in terms of their ROI



Hello guys! I hope you all have started applying to various B schools & have started your preparations for GD/WAT/PI. If you’re considering an MBA, there’s a good chance that you’re thinking about your schooling and your education as an investment. And like any other investment, you’re going to want to make sure you get the best ROI (return on investment) from your MBA. I believe you would be interested to know the colleges which offer you good/better/best ROI. So, here’s the list!

PS: All colleges in a particular category are almost similar; still, I have ranked them, taking into consideration the ROI and brand value of the college

(TF = Total Fees; ASS = Average Starting Salary)

Category 1

FMS Delhi

TF: 1.92 lakhs, ASS: 23 lpa

The Faculty of Management Studies, popularly known as FMS Delhi, is a member of Delhi University and ranks among the country’s top management colleges. It was founded in 1954 on the Delhi School of Economics campus.

Category 2

  1. JBIMS Mumbai

TF: 6 lakhs, ASS: 19 lpa

JBIMS Mumbai (also known as CEO’s factory, has produced many CEO’s like Chanda Kochhar of ICICI, Vidya Balan’s husband: Siddharth Roy Kapur, Piramal Industries founder, etc.) It is one of the best colleges for finance, located in the midst of best finance sector companies in the commercial capital of India.

  1. TISS Mumbai HRM&LR

TF : 1.92 lac, ASS : 14-15 lpa

Tata Institute of Social Sciences (TISS) Mumbai, established in 1936, is a recognized university offering various PG, doctoral, integrated, and online certificates in the fields of social work, rural development, and other similar fields. It is the 2nd best college for HR after XLRI HR.

Category 3

  1. NITIE Mumbai

TF: 15 lakhs, ASS: 20 lpa

NITIE Mumbai- National Institute of Industrial Engineering is considered one of India’s best universities offering industrial engineering and management education to students. It offers a wide range of postgraduate courses, such as Diploma in Industrial Engineering, Post Graduate Diploma in Industrial Management, Post Graduate Diploma in Project Management, Post Graduate Diploma in Industrial Safety and Environmental Management.

  1. SJMSOM Bombay

TF: 10 lakhs, ASS: 20.8 lpa

Shailesh J Mehta School of Management (SJMSOM) is a member of the Indian Institute of Technology, Bombay. It was established in 1995, and it is a public higher education school offering PG and doctoral programs in the field of management. This school was ranked 11 in MBA by NIRF 2020.  SJMSOM has an excellent reputation of its own, both in industry and academia, and has been granted the status of ‘Institute of Eminence’ by the Government of India. Backed by the brand name of the IITs, SJMSOM has provided students with excellent opportunities for placement every year.

Category 4

  1. DoMS IIT Delhi

TF : 9.6 lakhs, ASS : 18.5 lpa

The Department of Management Studies, IIT Delhi, also known as DMS IIT Delhi, is a School of Management Education and Research at the Indian Institute of Technology, Delhi. DMS IIT Delhi was placed in the category “A+++” of the All-India B-School Survey in 2017. DMS, IIT Delhi offers postgraduate and doctoral management programs such as full-time MBA Telecom, Executive MBA, MBA for foreign students.

  1. VGSOM IIT Kharagpur

TF : 10.5 lakhs, ASS : 17 lpa

Vinod Gupta School of Management (VGSOM IIT Kharagpur) was named the sixth-best management institute in India by ranking NIRF in 2019. It is an academic unit of the Indian Institute of Technology Kharagpur. It is also the first business school to be established in the Indian Institute of Technology. The college offers programs such as MBA, EMBA & Ph.D.

Category 4.5

DMS IIT Madras

TF: 8 lakhs, ASS: 12.5 lpa

The Department of Management Studies, popularly known as DoMS, was established in April 2004. It is one of the Top 50 Indian B-Schools and was ranked 14th by NIRF in the Management category in 2020.

Category 5

  1. Institute of Rural Management (IRMA)

TF: 14 lakhs, ASS: 12 lpa

Institute of Rural Management Anand, also known as IRMA, is a private institution established in 1979 in Anand, Gujarat. It is accredited with an “A” grade by the National Assessment and Accreditation Council (NAAC). It is also approved by the All-Indian Council for Technical Education (AICTE) and the National Accreditation Board (NBA). It is considered the best college in India for Rural management.

  1. Delhi School of Economics

TF : 0.4 lakh, ASS : 10 lpa

Delhi School of Economics (DSE), established in 1949, is a public college affiliated with the University of Delhi. The institute is highly respected and is considered to be one of the best economic institutes in the country.


TF : 1.5 lakhs, ASS: 10 lpa

Sydenham Institute of Management Studies and Research and Entrepreneurship Education (SIMSREE) is one of India’s most prestigious commerce colleges. Sydenham College is the parent institution of SIMSREE. The institute creates true leaders by offering a full-time Master’s Program specializing in Finance, HR, Marketing, Operations, and Systems. For working professionals, a part-time master’s program in Marketing and Finance is also offered.

Category 5.5

  1. DFS, Delhi

TF : 0.22 lac, ASS : 7-8 lpa

  1. DIME, IIT Kanpur

TF : 3 lakhs, ASS: 10 lpa

  1. DMS, IIT Roorkee

TF: 8 lakhs, ASS: 9.18 lpa

Category 6

  1. UBS Chandigarh

TF : 0.4 lac, ASS : 9.5 lpa


TF: 3.2 lakhs, ASS: 9 lpa

  1. DMS, IISc Bangalore

TF: 2 lakhs, ASS: 9 lpa

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