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A 100% placement may not mean a better salary outcome. We picked 50 non-IIMs where zero students opted for higher studies and analysed their latest data submitted for the NIRF 2026 rankings to understand their standing in India as alternatives to the IIMs. 29 MBA colleges out of these 50 reported a 100% placement percentage and median salary ranging between Rs. 3 LPA to Rs. 28 LPA. SPJIMR, meanwhile, had a 98% placement percentage but the highest median salary among these 50 MBA colleges, at Rs. 30 LPA. With placement percentages ranging from 95% to 100%, and with no students opting for higher studies factored in, let’s look at how these non-IIM MBA colleges fared last year when compared on placement percentage and salary - How many students were they able to place, and at what salary?
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The average placement percentage across these 50 colleges is approximately 98.8%, and the average median salary is approximately Rs. 11.3 lakh per annum. Among the selected 50, 29 colleges reported 100% placement. The table below mentions the key findings of this analysis.
Category | Metric | Data Point |
Which colleges have been analysed here | Number of colleges with zero opt-outs for higher studies | 50 (non-IIMs) |
Placement Overview | Colleges with 100% placement | 29 out of 50 |
Colleges with 99%+ placement | 34 out of 50 | |
Average placement percentage | 98.8% | |
Placement percentage range | 95% - 100% | |
Salary Overview | Average median salary | Rs. 11.3 LPA |
Highest median salary | Rs. 30 LPA - SPJIMR (98% placement) | |
Lowest median salary | Rs. 3 LPA - SA Engineering College (99% placement) | |
Overall salary range | Rs.3 LPA - Rs. 30 LPA | |
Salary vs Placement Gap | Colleges below Rs. 10 LPA median | 27 out of 50 |
Colleges below Rs. 5 LPA median | 8 out of 50 | |
Widest gap at 100% placement | Rs. 24.4 LPA - XLRI (Rs. 28 LPA) vs. Indore IMR (Rs. 3.60 LPA) | |
Based or Class Size | Largest graduating batch | 621 students - UPES, Dehradun (99% placement) |
2nd largest batch | 600 students - NMIMS, Mumbai | |
Students Unaccounted For | The highest number unaccounted for in placement | 7 students - SPJIMR (despite the highest salary) |
To get a better picture, we segregated the colleges based on the salary range and analysed their placement percentages and salaries.
As per the submitted NIRF 2026 data, 8 colleges fall under the salary range of Rs. 20 to 30+ LPA out of the 50 colleges. 6 out of these 8 colleges reported a 100% placement percentage. And out of all these colleges, SPJIMR had a 98% placement percentage and the highest median salary of Rs. 30 LPA. Check out this table for more details.
S.No. | MBA Colleges | Placement Percentage | Median Salary (in Rs.) | Quick Analysis |
1 | 98% | 30.00 LPA | Highest median salary in this section despite 98% placement | |
2 | XLRI-Xavier School of Management, Jamshedpur | 100% | 28.00 LPA | Great salary with 100% placements |
3 | 100% | 27.00 LPA | Best ROI college (very low fee) and preferred by students with an interest in entrepreneurship | |
4 | 100% | 26.00 LPA | Strong salary with 100% placement record, with expertise in foreign trade and finance. | |
5 | Indian Institute of Technology Bombay | 100% | 25.25 LPA | Among the best salary outcomes with 100% placements |
6 | 99% | 25.00 LPA | Near-perfect placements with one of the highest median salaries and great corporate exposure. | |
7 | 100% | 22.75 LPA | Excellent balance of salary and placement certainty | |
8 | Narsee Monjee Institute of Management Studies, Mumbai | 100% | 20.00 LPA | Large batch with decent salary and 100% placements |
Among the 15 colleges that reported median salaries between 10-20 LPA, only Bharathidasan Institute of Management didn’t achieve 100% placement. The median salaries for XIM Bhubaneswar and IRMA stood at 17.82 LPA and 15.8 LPA, respectively, and maintained a 100% placement record. Whereas MICA Ahmedabad reported a median salary of 18 LPA, with the highest median salary among the MBA colleges in this group.
S. No. | MBA Colleges | Placement Percentage | Median Salary (in Rs.) | Key Finding or Insights |
1 | 100% | 18.00 LPA | Strong placement outcomes, especially for marketing aspirants. | |
2 | Xavier Institute of Management, XIM University, Bhubaneswar | 100% | 17.82 LPA | High placement and competitive salary. |
3 | 100% | 15.80 LPA | Excellent outcomes, especially with a focus on the rural management domain. | |
4 | 100% | 15.00 LPA | Strong salary with complete placements. | |
5 | 100% | 12.73 LPA | Has maintained consistent placement outcomes with a large batch. | |
6 | 100% | 12.50 LPA | Offers specialised education in insurance with a good salary and complete placements, | |
7 | 100% | 12.49 LPA | Complete placements with a competitive salary. | |
8 | International Management Institute, Bhubaneswar | 100% | 12.48 LPA | Consistently strong placement with personalized learning and strong corporate exposure |
9 | 100% | 11.83 LPA | Good placement performance with double-digit median salary. | |
10 | FOSTIIMA Business School, Delhi | 100% | 11.60 LPA | Complete placements with an above-average salary. |
11 | National Academy of Agricultural Research Management, Hyderabad | 100% | 10.84 LPA | Strong placement outcomes, especially for a niche institution. |
12 | 100% | 10.12 LPA | Large batch placed completely with a 10+ LPA median salary. | |
13 | 100% | 10.00 LPA | Complete placements and consistent salary. | |
14 | 100% | 10.00 LPA | Complete placements with a 10 LPA median salary, with a focus on skill-based learning. | |
15 | Bharathidasan Institute of Management | 99% | 10.00 LPA | Near-perfect placements with a 10 LPA median salary. |
For this salary range, 9 MBA colleges achieved 100% placements, and all colleges have a placement percentage of 95-100%, with median salaries varying significantly from 3 LPA to 9.83 LPA. In this category, JIMS Rohini has a 100% placement and the highest salary. Other colleges like Doon University and Prestige Institute have also reported 100% placement, but their median salaries are on the lower side.
S. No. | MBA Colleges | Placement Percentage | Median Salary (in Rs.) | Key Finding or Insights |
1 | JIMS Technical Campus, Rohini | 100% | 9.83 LPA | Strong placement performance. |
2 | 100% | 9.50 LPA | Complete placements with a moderate salary. | |
3 | PSG College of Technology, Coimbatore | 100% | 9.00 LPA | Excellent placement rate with stable salary outcomes. |
4 | 95% | 8.60 LPA | Highest median salary among colleges with 95% placement. | |
5 | 95% | 8.50 LPA | Good salary despite comparatively lower placement percentage. | |
6 | Noida International University | 100% | 8.45 LPA | Complete placements with a moderate salary. |
7 | 99% | 8.30 LPA | Largest graduating batch with impressive placement performance. | |
8 | National Institute of Technology Calicut | 100% | 8.20 LPA | Complete placements with steady salary outcomes. |
9 | Mulshi Institute of Business Management, Pune | 100% | 8.20 LPA | Complete placements with a moderate salary. |
10 | 97% | 8.14 LPA | Good salary despite slightly lower placement rate. | |
11 | IIHMR University, Jaipur | 97% | 7.20 LPA | Balanced placement and salary outcomes. |
12 | 98% | 7.00 LPA | High placement rate with moderate salary. | |
13 | 98% | 6.50 LPA | Strong placement consistency. | |
14 | Thakur Global Business School, Mumbai | 99% | 5.95 LPA | Excellent placement percentage with modest salary. |
15 | Centurion University of Technology and Management | 97% | 5.76 LPA | Good placement rate with average salary. |
16 | 97% | 5.40 LPA | Consistent placement performance. | |
17 | 100% | 5.22 LPA | Complete placements, but comparatively lower salary. | |
18 | AIMS Institutes, Bangalore | 98% | 5.00 LPA | Strong placement rate with modest salary. |
19 | 95% | 5.00 LPA | Moderate salary and placement outcomes. | |
20 | Rohidas Patil Institute of Management Studies, Thane | 97% | 4.75 LPA | High placement with lower salary. |
21 | 100% | 4.60 LPA | Illustrates that 100% placement does not always imply higher salaries. | |
22 | Geetanjali Institute of Technical Studies, Udaipur | 96% | 4.50 LPA | Moderate placement and salary outcomes. |
23 | 95% | 4.50 LPA | Comparable placement and salary profile. | |
24 | Anand Institute of Higher Technology, Chennai | 96% | 4.12 LPA | Moderate placement performance with lower salary. |
25 | 100% | 3.60 LPA | Complete placements, but among the lowest median salaries. | |
26 | Shri Ram Murti Smarak College of Engineering and Technology | 97% | 3.26 LPA | High placement rate but a low median salary. |
27 | 99% | 3.00 LPA | Near-perfect placement but very low median salary. |
Here are the number of students who graduated, the number of students placed, and the number of candidates who remained unaccounted for in these colleges, based on which the placement percentage for the colleges has been calculated.
MBA Colleges | Graduated Students | Placed Students | Unaccounted Students | Placement Percentage |
Bharathidasan Institute of Management | 114 | 113 | 1 | 99% |
89 | 88 | 1 | 99% | |
SA Engineering College | 101 | 100 | 1 | 99% |
31 | 30 | 1 | 97% | |
48 | 46 | 2 | 96% | |
45 | 43 | 2 | 96% | |
Army Institute of Management | 115 | 113 | 2 | 98% |
MDI Gurgaon | 578 | 575 | 3 | 99% |
UPES | 621 | 616 | 5 | 99% |
SPJIMR Mumbai | 342 | 335 | 7 | 98% |
"100% Placement" - once the go-to marketing line for colleges - has quietly died on paper, at least for some. You'll rarely see college brochures or ads shouting this number out loud anymore. That's because the way colleges arrive at "100% placement" has changed: many now balance the number by factoring in students who opted for higher studies, leaving unplaced students out of the calculation altogether and effectively rounding the placement percentage up to 100%. Even the big IIMs do this, since placement percentage still plays a make-or-break role for MBA aspirants choosing a college.
The data says that a college with a 100% placement may have a lower median salary than another institute with a slightly lower placement percentage and a higher salary. Therefore, other factors should also be considered while picking colleges. Other aspects to evaluate a college apart from the placement percentage-
Median and average salary packages
Highest salary package offered
Number and profile of recruiters
Roles offered across different specialisations
Return on Investment (ROI)
Alumni network and career support
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