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BITS Pilani, SPJIMR and NMIMS are among the well known non-IIM MBA colleges in India. What makes them special is the MBA salary package and career growth opportunities that they provide to the MBA students in India. But are they consistently providing the same MBA salary opportunities? The placement trends have changed significantly over the past few years. SPJIMR has maintained consistent placements over the last 3 years, placing the students at an average MBA salary of more than Rs.32 LPA. BITS Pilani on the other hand has witnessed a slight reduction in the placement reports with the average package reaching Rs.16.15 LPA in the latest MBA placement report. Explore this article further for a complete breakdown of the changing trends in MBA salary provided by BITS Pilani, SPJIMR and NMIMS.
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Among the 3 colleges, SPJIMR stood out with the highest package of Rs.80 LPA+ consistently for 3 years.
The 3 year average package provided by BITS Pilani and SPJIMR was Rs.16.7 LPA, and Rs.33.01 LPA respectively.
SPJIMR also dominated the median salary comparison with consistently placing the students with a median figure of Rs.30+ LPA
Among the three institutes, SPJIMR has consistently dominated with premium placement opportunities. On the other hand, BITS Pilani has witnessed a slight downfall in the average placements while NMIMS has maintained steady performance with higher participation of recruiters.
Parameters | Best Performing MBA College | Why the Best |
Highest MBA Salary | SPJIMR | Rs.80+ LPA consistently |
Average MBA Salary | SPJIMR | Rs.32-34 LPA across years |
Median MBA Salary | SPJIMR | Rs.30+ LPA consistently |
Decline in Average MBA Salary | BITS Pilani | Slight reduction in average salary across years |
Stable MBA Placements | NMIMS | Consistent salaries throughout the years |
Let’s compare the changing trends in the MBA salary offered by BITS Pilani, SPJIMR and NMIMS in detail. In this section we will cover the highest salary, average salary and median salary comparison of these colleges and find out the change in the salary offerings by these MBA colleges.
The highest salary statistics depict the placement potential of an MBA college. The highest package data might not depict the salary of the whole batch, but it clearly reflects the upper-earning potential of an MBA college. For statistical insights of the highest MBA salary of BITS Pilani, SPJIMR and NMIMS, refer to the table given below.
Years | BITS Pilani | SPJIMR | NMIMS (MBA Core) |
2024-26 | Rs.21.6 LPA | Rs.80 LPA | - |
2023-25 | Rs.26 LPA | Rs.81 LPA | Rs.67.70 LPA |
2022-24 | Rs.27 LPA | Rs.84 LPA | Rs.67.80 LPA |
2021-23 | - | Rs.77.88 LPA | Rs.34.72 (2020-21) |
SPJIMR recorded the highest overall salary exceeding Rs.77 LPA and reaching Rs.80 LPA in the batch of 2024-26.
NMIMS secured the second position with the highest placement of more than Rs.67 LPA except for the 2020-21 batch placement of Rs.34.72 LPA.
BITS Pilani on the other hand witnessed a 20% decline in the highest salary placement falling to Rs.21.6 LPA from Rs.27 LPA.
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The average salary is a crucial component of the final placement report as it gives a better picture of the salary opportunities an MBA college can provide for the entire batch in a nutshell. Refer to the table given below for better insights of the change in average MBA salary provided by these MBA colleges.
Years | BITS Pilani | SPJIMR | NMIMS (MBA Core) |
2024-26 | Rs.16.15 LPA | Rs.33.7 LPA | - |
2023-25 | Rs.16.57 LPA | Rs.32 LPA | Rs.25.13 LPA |
2022-24 | Rs.17.45 LPA | Rs.33.36 LPA | Rs.26.63 LPA |
2021-23 | - | Rs.32.84 LPA | Rs.18.45(2020-21) |
SPJIMR maintained the highest average salary among the 3 colleges exceeding the amount of Rs.32 LPA every year.
The latest MBA average salary provided by BITS Pilani has declined by 7.4% as compared to what it was in the 2022-24 batch.
NMIMS managed to maintain a steady average salary placement of Rs.25-27 LPA.
Analysing the median salary is also considered a decent approach when it comes to calculate the MBA placements secured by the average students of the batch. Refer to the table given below to know about the changing trends of these MBA colleges.
Years | BITS Pilani | SPJIMR | NMIMS (MBA Core) |
2024-26 | Rs.19.05 LPA | Rs.32.8 LPA | - |
2023-25 | Rs.14.64 LPA | Rs.30.50 LPA | - |
2022-24 | Rs.18 LPA | Rs.32.85 LPA | - |
2021-23 | - | Rs.32.89 LPA | - |
Key Insights
SPJIMR dominated the median salary bracket too while maintaining a Rs.30 LPA+ median salary over the past few years.
BITS Pilani has made considerable improvement in the recent placement drive with the median package crossing Rs.19 LPA, making a jump of more than 30%.
NMIMS has not publicly disclosed any data related to the median salary placements for their MBA core program. To get a better idea about the placements, we can refer to the salary which the top 30% and 40% batch has earned to calculate a predicted median salary package of NMIMS Mumbai.
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Years | Salary of Top 30% | Salary of Top 40% |
2024-26 | - | - |
2023-25 | Rs.34.40 Lakhs | Rs.32.10 Lakhs |
2022-24 | Rs.34.39 Lakhs | Rs.32.53 Lakhs |
2020-21 | Rs.21.8-22.2 Lakhs | Rs.19.3-19.8 Lakhs |
The list of companies given below include big names like Accenture, Morgan Stanley, American Express etc which have actively been recruiting from these colleges for the past few years.
BITS Pilani | SPJIMR | NMIMS |
Accenture | Boston Consulting Group | American Express |
DCB Bank | Unilever | Angle One |
Barclays | Morgan Stanley | Axis Bank |
KPMG | Kotak Mahindra Group | Goldman Sachs |
Cognizant | PwC | Hero Fincorp |
Tata Capital | Infosys Consulting | SBI Life |
Overall, all three institutes offer excellent career opportunities, but there is a difference between their recruiter profile. For consulting and high paying leadership roles, SPJIMR is considered as an excellent choice. However, NMIMS offers excellent opportunities for career growth and industry exposure and finally, BITS Pilani is constantly working to improve its placement pool by expanding the participation of new corporate firms to provide higher salary potential.
Frequently Asked Questions (FAQs)
While BITS Pilani is widely considered a Tier-1 institution for engineering, its MBA program is generally classified as Tier-2.
Yes, SPJIMR is widely considered as one of the best non-IIM MBA colleges in India.
The highest SPJIMR salary was offered in the batch 2022-24 at Rs.84 LPA.
Top tier MNCs like American Express, Angel One, Goldman Sachs actively recruit from NMIMS Mumbai.
NMIMS is most famous for its MBA and flagship management programs offered through the School of Business Management (SBM).
On Question asked by student community
Dear Student,
There are several top colleges offering Mechatronics Engineering in India. Admission to these colleges require you to appear for GATE.
Here is the list of some of the top Colleges for M.E /M.Tech. in Mechatronics Engineering:
Hello Dear Student,
Between Indian Institute of Technology (Indian School of Mines) Dhanbad CSE and Birla Institute of Technology and Science Pilani Hyderabad Campus ECE , I would choose IIT Dhanbad CSE in most cases.
Why?
Hello Student,
In BITS Pilani , you cannot get BioTech with a PCB background. For engineering courses in BITS, Mathematics is required. With PCB you are eligible for a B.Pharm course.
Hello dear student,
To gain admission to BITS Pilani, diploma holders must appear for the BITSAT examination and satisfy the institute's eligibility requirements. A diploma alone is not sufficient for admission.
• Admission to BITS Pilani is primarily through BITSAT, the institute's entrance examination.
• Candidates must have completed Class
Hello Dear Student,
A score of 127 out of 300 in the BITS HD examination gives you a reasonable chance of securing admission to the M.Pharm program at BITS Hyderabad . However, admission to the Pilani campus may be more challenging, as it generally attracts higher cutoff scores due to
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