In 2023, India's top non-IIM MBA colleges are setting new benchmarks in management education with their highest placements and average CTC figures. These institutions, known for their commitment to academic excellence, have continued to attract high-profile recruiters, leading to exceptional placement packages for their graduates. As the demand for skilled management professionals grows, these colleges stand out by consistently producing graduates who secure lucrative job opportunities, making them a preferred choice for aspiring business leader.

Here are the some Best MBA College (Non IIM) Highest Placements & Average CTC 2023:-

1. The Faculty of Management Studies, or FMS Delhi: 

It is a prominent business school located in the centre of the Indian capital. FMS Delhi is well-known for its elite management programs, which include a two-year MBA. The school also has a strong business network, a distinguished staff, and a long history in academia. Being a top choice for individuals hoping to become future corporate leaders, the school strongly emphasizes both academic achievement and leadership development with its total fee course of Rs 194000.

Placements: Its average placements were Rs 34 lakhs with its highest package Rs 1.23 crore.

2. S.P. Jain Institute of Management and Research (SPJIMR): 

It is situated in the vibrant city of Mumbai, stands out as a beacon of excellence in management education. It offers a distinguished Post Graduate Diploma in Management (PGDM) program that is known for its rigor and relevance. With a celebrated faculty, a commitment to fostering innovation, driving social impact, and nurturing leadership qualities, SPJIMR is at the forefront of shaping future business leaders.

Placements: Its average placements were Rs 33 lakhs with its highest package Rs 78 lakhs.

3. XLRI Jamshedpur: 

is a distinguished business school in India, celebrated for its leadership-centric management programs, prominently the flagship PGDM. The institution is characterized by its unwavering commitment to academic excellence, a highly regarded faculty, and robust corporate affiliations. XLRI places a significant emphasis on ethics, social responsibility, and the cultivation of entrepreneurial acumen, positioning it as a prominent player in the realm of management education.

Placements: It’s on an average placement was Rs 52.7 lakhs with its highest package of Rs 1.1 crore.

4. The Indian Institute of Foreign Trade (IIFT) in Delhi:

is a leading business school specializing in international business education. Situated in the heart of New Delhi, it offers a range of programs, including the popular MBA in International Business. With a strong focus on global trade and related disciplines, IIFT equips its students with the knowledge and skills needed to excel in the international business arena. Its strong placement record and research contributions make it a top choice for those interested in international business management in India.

Placements: Its average placements were Rs 29 lakhs with its highest package Rs 85 lakhs.

5.MDI Gurgaon:

MDI stands for Management Development Institute, and Gurgaon is a city in the northern Indian state of Haryana. MDI Gurgaon is a well-known business school in India. It offers various postgraduate and executive programs in management and related fields. MDI is highly regarded for its management education and has a strong reputation in the Indian business and corporate world.

Placements: Its average placements was of Rs 27 lakhs with its last years highest placements was Rs 60 lakhs.


In conclusion, these renowned business schools in India, including FMS Delhi, SPJIMR Mumbai, XLRI Jamshedpur, IIFT Delhi, and MDI Gurgaon, each offer unique strengths and specializations in the field of management education. They are known for their academic excellence, esteemed faculties, and strong industry connections, as well as their commitment to nurturing leadership and ethical values. While each institution offers a distinct value proposition, they collectively contribute to shaping the future leaders of the business world, with impressive placement records reflecting their students' success in the corporate sector.


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