The latest IIT MBA placement data submitted for NIRF 2026 ranking challenges two assumptions: first, that a high NIRF rank will mean great MBA placements, and second, that MBA salaries rise every year. But the data suggests that the reality differs. Only IIT Bombay has consistently secured the best MBA salary median packages (over 25 LPA) in the last three years, having a lower NIRF ranking than IIT Delhi, IIT Kharagpur, and IIT Madras. Meanwhile, IIT Delhi, ranked 4th in NIRF 2025, has remained behind IIT Bombay in the MBA placement packages. Among the 8 IITs, multiple IITs have achieved 100% placement in 2025, but the median salaries for MBA placements have declined. The three-year IIT MBA salary comparison explores how IIT MBA programmes have evolved, highlighting how the IIT MBA salaries have evolved, consistent performers, and surprising trends.
Latest: Non-IIM Colleges with 100% MBA Placement Percentile
Only IIT Kharagpur recorded an overall increase in median MBA salary over the three-year period, rising by 3.13%.
IIT Bombay continued to offer the highest median salary among all IITs at Rs. 25.25 LPA for 2023-25, even with a minor decline of 5.22%.
IIT Kharagpur placed 142 students, all of whom graduated, maintaining both a large batch and 100% placement.
IIT Madras experienced a notable fall of 13.05%, while IIT Jodhpur witnessed the steepest salary decline at a rate of 16.67 percent.
Despite lower median salaries, IIT Delhi is ranked 4th in the NIRF 2025 Management rankings, while IIT Bombay is 14th even with the highest MBA placement median package.
IIT Roorkee remained relatively stable, with only a 2.49% decrease over the three years.
7 out of 8 IITs recorded lower median MBA salaries than they did three years ago. Only IIT Kharagpur has improved median MBA salary outcomes. IIT Jodhpur saw the highest decline in the median at 16.67%, followed by IIT Madras with a 13.03% decrease.
IIT NIRF 2025 management ranking | IIT MBA Colleges | 2021-23 (In Rs.) | 2022-24 (In Rs.) | 2023-25 (In Rs.) | Overall Change (2021-23 - 2023-25) |
4 | IIT Delhi MBA placement | 24.45 LPA | 22.05 LPA | 22.51 LPA | ▼ 7.93% |
12 | IIT Kharagpur MBA NIRF 2026 stats | 22.06 LPA | 20.65 LPA | 22.75 LPA | ▲ 3.13% |
13 | IIT Madras MBA Salary Comparison | 20.46 LPA | 16.78 LPA | 17.79 LPA | ▼ 13.03% |
14 | IIT Bombay MBA Placement Salary | 26.64 LPA | 26.73 LPA | 25.25 LPA | ▼ 5.22% |
22 | IIT Roorkee MBA Salary | 18.09 LPA | 18.50 LPA | 17.64 LPA | ▼ 2.49% |
27 | IIT Kanpur placement percentage | 17.25 LPA | 19.90 LPA | 16.50 LPA | ▼ 4.35% |
48 | IIT (ISM) Dhanbad MBA placement data | 11.30 LPA | 9.55 LPA | 10.19 LPA | ▼ 9.82% |
98 | IIT Jodhpur MBA Median CTC | 12.00 LPA | 10.00 LPA | 10.00 LPA | ▼ 16.67% |
*Data taken from submitted NIRF Reports
The number of graduating students at IIT Kanpur increased from 39 to 135 within the last three years. While IIT Bombay has maintained a consistent number of graduated and placed students over the last three years. Check the IIT MBA comparison of the last 3 years based on how many students graduated vs placed. This data has been taken from the NIRF.
MBA in IITs | 2021-23 | 2022-24 | 2023-25 | |||
Graduated | Placed | Graduated | Placed | Graduated | Placed | |
IIT Bombay MBA placement Count | 115 | 115 | 114 | 111 | 116 | 116 |
IIT Kharagpur MBA NIRF 2026 | 94 | 94 | 125 | 124 | 142 | 142 |
IIT Delhi MBA Placement Stats | 124 | 124 | 89 | 89 | 154 | 145 |
IIT Madras past comparison | 67 | 67 | 84 | 83 | 92 | 82 |
IIT Roorkee MBA Placement data | 66 | 64 | 82 | 79 | 78 | 73 |
IIT Kanpur MBA students | 39 | 37 | 49 | 44 | 135 | 122 |
IIT (ISM) Dhanbad MBA placements | 68 | 60 | 72 | 59 | 61 | 54 |
IIT Jodhpur Median salary MBA | 70 | 67 | 74 | 70 | 106 | 89 |
Among all the IITs that offer MBA in India, IIT Bombay remains the benchmark for IIT MBA placements. Despite a 5.22% decline over three years, IIT Bombay has offered the highest MBA salary (median). One of the biggest takeaways from the data is that NIRF management ranking and MBA salary leadership do not always move together. While IIT Bombay ranked lower than IIT Delhi, IIT Kharagpur, and IIT Madras in the NIRF 2025 ranking, it continues to command the MBA placement outcomes among the 8 IITs. IIT Bombay has also maintained a stable batch size (111-116) in the last three years, with 100% placement, except in 2022-24.
Frequently Asked Questions (FAQs)
No, not all IITs have a 100% placement percentage, but the MBA placement percentage of IITs is usually above 90%.
Based on the NIRF reports, IIT Bombay can be considered better in terms of MBA median salary, as it has consistently reported the highest median salary among all IITs.
IIT Delhi median salary for the 2023-25 batch is 22.51 LPA.
IIT Jodhpur reported the lowest MBA median salary (10 LPA) for the 2023-25 batch, while IIT Dhanbad had the lowest median package (9.55 LPA) in 2022-24.
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