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.

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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 7% MBA graduates from non-IIMs are employable.
  • Out of 5500 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.
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Placement trends for 'A' category business schools

According to the Placement Report 2019, 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 2019. 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 2019: Average Salary Placement 2018: Average Salary
IIM Ahmedabad Not Declared 24.45
NMIMS Mumbai 17.6
IIM Sambalpur Not Declared 10.55
GIM Goa 10.61
MICA Ahmedabad 12.3
IIM Calcutta 25.36 24.2
IIM Bangalore 24.54 22.76
FMS Delhi 23.10 21.1
SPJIMR, Mumbai 22.90 22.24
XLRI, Jamshedpur 22.35 20.10
IIM Indore 20.79 18.17
MDI Gurgaon 20.13 19.17
JBIMS Mumbai 20.13 18.91
IIFT 20.07 19.23
IIM Kozhikode 20.00 17.80
SIBM Pune 17.48 16.23
IIM Shillong 16.79 15.50
IIM Ranchi 15.02 15.09
IIM Tiruchirappalli 14.91 14.28
IIM Raipur 14.53 12.45
XIM Bhubaneswar 14.31 12.91
IRMA Anand 14.24 11.39
IIM Udaipur 13.20 13.16
IMI New Delhi 13.01 12.23
IIM Visakhapatnam 12.61 12.07
IMT Ghaziabad 12.50 11.60
Taxila Business School 12.48 11.00
IIM Nagpur 12.35 12.10
IIM Kashipur 12.24 12.19
IIM Amritsar 12.2 11.02
IIM Rohtak 11.85 11.70
IIM Jammu 11.20 9.56
TAPMI Manipal 11.06 11.00
IIM Bodhgaya 10.90 10.60
FORE New Delhi 10.80 10.40
IIM Sirmaur 9.20 12.00
SDMIMD Mysore 7.14 6.94

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.

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