CMAT Accepting Business Schools Based on ROI

For the value-conscious MBA aspirant, the CMAT (Common Management Admission Test) remains one of the most critical gateways. While Tier-1 exams often lead to high-fee institutions, CMAT opens doors to “ROI Goldmines”—colleges where the cost of education is dwarfed by the starting salary. 

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Here is an exploration of Private Business Schools that accept CMAT 2026 scores, ranked by their Return on Investment (ROI).

The table evaluates these institutions using three primary data points: Fees (cost of the program), Average CTC (expected annual salary), and the resulting ROI (calculated as Average CTC divided by Fees).

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High ROI Leaders (Above 2.0)

These schools offer the most efficient financial turnaround, where the starting salary significantly outweighs the cost of tuition.

• JBIMS: Stands as the clear leader with a massive ROI of 6.63, driven by relatively low fees (8) and a high average CTC (26.5).
• NIT Silchar: Offers the lowest entry cost (2.6) in the list, resulting in a very high ROI of 5.96.
• NIA Pune: Provides a strong ROI of 2.12 with fees and CTC nearly balanced around the 12-12.7 range.
• Amrita School of Business, Amaravati: Maintains an ROI of 2.03, with an average CTC (8.34) that is roughly double its fees (8.2).

The Private Sector Hero : Amrita School of Business, Amaravati 

In the Private Category Amrita School of Business, Amaravati is the top choice in the private category. News campuses of Amrita University with fast growing Business School

Moderate to High ROI (1.5 – 2.0)

These institutions provide a solid return, typically yielding a starting salary that exceeds or closely matches the total fees.

• NIT Rourkela: Achieves an ROI of 1.94.
• NIBM Pune: Features an ROI of 1.81.
• BIMTECH: Shows an ROI of 1.57, with fees of 14 and an average CTC of 11.

Balanced ROI (1.0 – 1.5): In this category, the initial investment is higher, and it may take slightly longer to see a full financial recovery based purely on the first year’s salary.

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Key Takeaway: If your primary goal is the fastest possible recovery of your educational investment, JBIMS and NIT Silchar are the statistically superior choices according to this data. Conversely, schools like K J Somaiya require a much larger upfront investment (22) for a comparatively lower initial ROI (1.14).

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