Manav Rachna-MBA Admissions 2026
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A 100% MBA placement may not mean a better MBA 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 at Rs. 30 LPA, among these 50 MBA colleges. 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 MBA 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.
Out of these 50 colleges, 29 colleges reported 100% placement, and 34 colleges recorded 99% or higher MBA placement percentages.
SPJIMR reported the highest median salary of 30 LPA among the colleges analysed. SPJIMR also had the highest number of unaccounted students (7).
UPES had the largest graduating MBA batch with 621 students, followed by Narsee Monjee Institute of Management Studies with 600 graduates.
Even with the same placement percentage (100%), median salary gaps are high.
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 | MBA Colleges with 100% placement | 29 out of 50 |
MBA Colleges with 99%+ placement | 34 out of 50 | |
Average MBA placement percentage | 98.8% | |
Placement percentage range | 95% - 100% | |
MBA Placement Salary Overview | Average median salary | Rs. 11.3 LPA |
Highest median CTC | 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 CTC of Rs. 30 LPA. Check out this table for more details.
S.No. | MBA Placement Colleges NIRF 2026 | MBA Placement Percentage | MBA Salary Median Package (in Rs.) | Quick Analysis |
1 | 98% | 30.00 LPA | Highest median MBA salary in this section, despite 98% placement | |
2 | XLRI MBA placement 2026 | 100% | 28.00 LPA | Great MBA median CTC with 100% placements |
3 | JBIMS MBA Median Salary | 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 | MDI, Gurgaon placement MBA | 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 | NMIMS MBA Median placement | 100% | 20.00 LPA | Large batch with decent salary and 100% MBA placements |
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Among the 15 colleges that reported MBA placement median salaries between Rs. 10-20 LPA, only Bharathidasan Institute of Management didn’t achieve "100% placement". The median salaries for XIM Bhubaneswar and IRMA stood at Rs. 17.82 LPA and Rs. 15.8 LPA, respectively, and maintained a "100% placement" record. Whereas MICA Ahmedabad reported a median salary of Rs. 18 LPA, with the highest median salary among the MBA colleges in this group.
S. No. | MBA Colleges 2026 placements | MBA Placement Percentage | MBA Placement Package Median Salary (in Rs.) | Key Finding or Insights |
1 | 100% | 18.00 LPA | Strong placement outcomes, especially for marketing aspirants. | |
2 | XIM Bhubaneswar Median MBA CTC | 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 | TAPMI MBA salary | 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 | IMI Bhubaneswar MBA placement percentage | 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 MBA placement percentage | 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 | Indus Business School Median Placement Record | 100% | 10.00 LPA | Complete placements with a 10 LPA median salary, with a focus on skill-based learning. |
15 | Bharathidasan Institute of Management placement record NIRF 2026 | 99% | 10.00 LPA | Near-perfect placements with a 10 LPA median salary. |
For the MBA placement 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 percentage 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 NIRF placement Colleges | Placement Percentage | Median Salary (in Rs.) | Key Finding or Insights |
1 | JIMS Rohini MBA Salary NIRF 2026 | 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 Median MBA CTC | 100% | 8.45 LPA | Complete placements with a moderate salary. |
7 | UPES, Dehradun MBA CTC | 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 Median CTC | 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 Median Salary | 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 Median CTC | 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 Median CTC | 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 placement MBA | 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 Median CTC | 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-
MBA Median CTC 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
On Question asked by student community
Hello, you can check the Karnataka MBA seat matrix for college-wise and category-wise seat details through Karnataka PGCET counselling. You can find the latest Karnataka PGCET MBA seat matrix and counselling details here: https://bschool.careers360.com/articles/karnataka-pgcet-mba-counselling
Hey there,
If your TG/TS ICET rank is 11,156 and you want an MBA college in Hyderabad, you still have several realistic options. Your category matters a lot.
Based on recent cutoff trends:
| College | Recent closing rank/trend | Chance at 11,156 |
|---|---|---|
| AV College of Arts, Science & Commerce | ~11,332 | Borderline–Good |
| Dr. |
Hey there,
If you mean free online MBA-level courses with certificates in India, the best legitimate option is SWAYAM, especially courses offered by IIM Bangalore. SWAYAM courses are free to learn; you generally pay only if you want the proctored certificate.
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