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SPJIMR Leads Pack as Top MBA Colleges Boost Salaries
1 Dec
Summary
- Top private B-schools achieved record placement outcomes.
- SPJIMR reported highest average CTC at Rs 32 LPA.
- Business Today rankings audited over 2,000 B-schools.

Top Indian private B-schools are setting new benchmarks in placement seasons, with significant salary growth and increased recruiter engagement. SP Jain Institute of Management & Research (SPJIMR), Mumbai, leads with an impressive average CTC of Rs 32 LPA and a median of Rs 30.5 LPA. Consulting, BFSI, and technology sectors continue to dominate hiring.
Other prominent institutes like XLRI Jamshedpur and MDI Gurgaon also reported strong placement outcomes, with high average salaries and robust PPO conversion rates. NMIMS Mumbai and SIBM Pune followed closely, highlighting the overall positive trend in management education placements across the country.
The Business Today-MDRA B-school Rankings 2025, a rigorous evaluation of over 2,000 institutions, assessed 271 institutes based on learning, living, placement, governance, and future orientation. This edition emphasizes evolving management education landscapes across various program types.



