Best Placement MBA Colleges in India

Best Placement MBA Colleges In India

Master of Business Administration (MBA)

The MBA education saw its advent with the growth of industrialization. There was a need for professionals who could scientifically apply sciences and approaches to lead the business through the path of success. Harvard Graduate School of Business Management introduced the first MBA program in 1908. Which further started gaining popularity and the number of MBA students at the Harvard business school went up to over 300. By 1930, the tremendous rise of business schools were noticed and other parts of Europe soon offered MBA courses. Now, ASSOCHAM (Associated Chambers of Commerce of India and Ceylon) states that only India has over 5500 institutes offering MBA programs, and very few of them are having best placements in the industry.

Also Read: IIM Call Predictor Predict Colleges based on your CAT Cutoffs

Taxila Business School

A major concern for MBA aspirants is the lowering employability, as there is an overall fall in the standards of MBA graduates leading to fewer placements. Economic Times reported that a sheer 10 percent of B-school students are in fact employable. According to ASSOCHAM, reasons for low employability can be attributed to excess supply of candidates, poor quality of assessment for approval by AICTE, under qualified faculty, lack of basic skills, lesser work experience, and lack of practical & problem solving skills of graduates.

So the placements are a key factor for aspirants while choosing their MBA Institute. Campus recruitments truly reflect the talent pool of the college and it brings opportunities and exposure for future students. This can be a life-changing decision for every MBA applicant. So let us look at the ASSOCHAM Report on MBA employability.

The highlights of ASSOCHAM report of placement for MBA Colleges are:
  • B and C categorized MBA colleges mount un-employable graduates.
  • Barely 8% MBA graduates from non-IIMs are employable.
  • Out of 8110 MBA colleges, most of the Institutes are producing below par MBAs.
  • Students passing out from C and B category Business schools do not even earn a monthly salary of Rs 10000 or are not able to land up in an appropriate job.
  • There is an apprehension due to falling values of these B-schools. They are not properly regulated.
  • As per the data, while a student spends at least about Rs 3 to Rs 5 lakhs on the MBA program, they are able to earn only Rs 8,000 to Rs 10,000 monthly after graduation.
Also Read: Ranking for Top 50 MBA Colleges in India 2022

Placement trends for 'A' category business schools

According to the Placement Report 2022, of all Top Business Schools IIFT, IIM Kozhikode, SPJIMR, Taxila Business School Jaipur and Great Lakes Chennai have topped the charts by completing placements for their PGDM/MBA program. In order to support MBA applicants, here are some placement trends of 2022. This list below is based on data collected from college's official and/or other trusted websites.

The List of MBA Colleges offers best placement in the industry are:

MBA Colleges Placement 2022: Average Salary Placement 2021: Average Salary
IIM Ahmedabad NA 26.12 LPA
NMIMS Mumbai 23.07 LPA 15.10 LPA
IIM Sambalpur 12.65 LPA 11.21 LPA
GIM Goa 12.15 LPA 10.71 LPA
MICA Ahmedabad 19.01 LPA 14.00 LPA
IIM Calcutta 34.20 LPA 28.49 LPA
IIM Bangalore NA 33.82 LPA
FMS Delhi 32.40 LPA 26.20 LPA
SPJIMR, Mumbai 32.05 LPA 26.06 LPA
XLRI, Jamshedpur 30.00 LPA 25.08 LPA
IIM Indore 25.01 LPA 23.60 LPA
MDI Gurgaon 26.07 LPA 23.15 LPA
JBIMS Mumbai 27.63 LPA 23.16 LPA
IIFT 25.16 LPA 20.50 LPA
IIM Kozhikode 29.50 LPA 22.53 LPA
SIBM Pune 23.06 LPA 19.56 LPA
IIM Shillong 19.17 LPA 23.10 LPA
IIM Ranchi 16.17 LPA 14.70 LPA
IIM Tiruchirappalli 17.10 LPA 14.28 LPA
IIM Raipur 17.73 LPA 15.51 LPA
XIM Bhubaneswar 17.54 LPA 15.51 LPA
IRMA Anand 14.35 LPA 10.64 LPA
IIM Udaipur 19.50 LPA 19.27 LPA
IMI New Delhi 15.23 LPA 12.77 LPA
IIM Visakhapatnam 14.60 LPA 12.62 LPA
IMT Ghaziabad 15.28 LPA 12.40 LPA
Taxila Business School 11.50 LPA 12.50 LPA
IIM Nagpur 14.94 LPA 13.21 LPA
IIM Kashipur 15.21 LPA 14.05 LPA
IIM Amritsar 14.63 LPA 12.68 LPA
IIM Rohtak 16.06 LPA 13.74 LPA
IIM Jammu 13.53 LPA 10.34 LPA
TAPMI Manipal 12.50 LPA 11.20 LPA
IIM Bodhgaya 12.36 LPA 09.92 LPA
FORE New Delhi 14.04 LPA 10.40 LPA
IIM Sirmaur 12.74LPA 9.60 LPA
SDMIMD Mysore 08.90 LPA 07.70 LPA
IIEBM 7.50 LPA 7.50 LPA

There is an upward trend in the placements of MBA/PGDM colleges like IIMs, FMS, IIFT, SPJIMR, MDI, IMI, TAXILA, JBIMS, and IMT. The salary trends are also encouraging, taking into account the impelling slowdown in the economy.

Learn More About IIM Placements

MBA Placement:

The IIMs Ahmedabad, Bangalore, Calcutta, concluded their placements by February/March, but they publish placement reports only after IPRS Audit in the month of September. Some institutes have completed placements in the beginning of placement drive itself. A few of these Institutes were IIM Kozhikode, IIFT, SPJIMR, Taxila Business School and IMI among others.

Taxila Business School was entitled with the "Best Placement Award"by ASSOCHAM for Continuous 2018, 2019 and 2020

Also Read