Are you looking for MBA colleges that offers a better average salary? If so, then you are at the right place here. One of the important aspects that affect the decision-making for choosing the college is the average salary offered. Here, we will list the top 10 MBA colleges which offer salaries above 20 LPA. These colleges are reputed MBA colleges in India.

Which are the top MBA Colleges with an Average salary above 20 LPA?

We list here some of the top 10 MBA Colleges with Average salary above 20 LPA:

Indian Institute of Management Calcutta (IIMC): IIMC is one of the top listed colleges for the MBA degree where admission with quality education. It has accreditation from AACSB, AMBA, EQUIS, and CEMS.

Average Salary in 2021 – 28 LPA
Average Salary in 2022 – 34.2 LPA

AACSB & AMBA Accredited Business Schools of India

Indian School of Business (ISB): ISB is a private business school that offers an MBA program and it has two branches, in Hyderabad and Mohali. AACSB, AMBA, and EQUIS accreditation has made this a reputable college.

Average Salary in 2021 – 28.2 LPA
Average Salary in 2022 – 34.1 LPA

Indian Institute of Management Bangalore (IIMB): IIMB is a public business school that offers MBA programs of different types along with full-time and part time course. NIRF has ranked no 2 in 2022.

Average Salary in 2021 – 27.9 LPA
Average Salary in 2022 – 33.82 LPA

Faculty of Management Studies (FMS): FMS offers a 2-year full-time MBA program along with other types of programs. Here, more focus is done on the real-world application along with theory.

Average Salary in 2021 – 25.5 LPA
Average Salary in 2022 – 32.4 LPA

S P Jain Institute of Management and Research (SPJIMR): SPJIMR is one of the popular management college offering 2-year full time MBA degree. NIRF has ranked it at 22^nd number in the 2022 year.

Average Salary in 2021 – 26 LPA
Average Salary in 2022 – 32.5 LPA

Indian Institute of Management Lucknow (IIML) : 4^th IIMs of IIM Family offers PGP and PGP SM Program.

Average Salary in 2021 – 26 LPA
Average Salary in 2022 – 31 LPA

Xavier School of Management (XLRL): XLR is a private business school offering MBA program and it located in Jamshedpur. It has academic affiliation to AACSB and AMBA.

Average Salary in 2021 – 25 LPA
Average Salary in 2022 – 30.7 LPA

Indian Institute of Management, Kozhikode (IIM K) : IIM Kozhikode is one of the 20 Indian Institutes of Management (IIMs). It was the fifth IIM to be established.

Average Salary in 2021 – 22.84 LPA
Average Salary in 2022 – 27.63 LPA

Compare MBA Colleges: IIM A vs IIM B vs IIM C vs FMS

9. Jamnalal Bajaj Institute of Management Studies (JBIMS): JBIMS is well-known business school that offers MMS, MSc in Finance, and Master in HRM program. Economic Times reports has ranked it at number 9^th in India.

Average Salary in 2021 – 22.84 LPA
Average Salary in 2022 – 27.63 LPA

MDI Gurgaon completes SIP for the Batch 2022-24

Management Development Institute, Gurgaon (MDI Gurgaon ): Ranked 2^nd B Schools in India by NIRF Ranking 2022 – Private Category, MDI Gurgaon opens applications for 2023 batch.