Shawon Roy Chowdhury Content Strategist at Collegedunia
Content Strategist at Collegedunia | Updated On - Dec 3, 2025
Bangalore, Mumbai, Delhi, Pune, and Hyderabad are the best cities in India for pursuing an MBA. Bangalore is famous for Business Analytics, while Mumbai is the financial capital of India. Hyderabad is home to some of the most prestigious private B-schools, specialising in Finance, Operations and Analytics. Marketing is the top specialisation in Delhi NCR, while Pune is considered India's HR capital with Human Resources (HR) as its top specialisation.
Key Summary
- Delhi NCR delivers the highest ROI in India. FMS Delhi offers a 1469.82% ROI (2.32 Lakh in fees with a median salary of 34.1 LPA), making it the best value-for-money MBA in India.
- SPJIMR, IIM Mumbai, JBIMS, and SJMSOM are the best MBA colleges in Mumbai for Finance. Mumbai has the second-highest ROI via TISS Mumbai (590%).
- Bangalore is the highest-paying city for MBAs. IIM Bangalore leads with a median of 35.5 LPA (the highest in India). IISc DMS has 578% ROI with a fee of 5.19 Lakh.
- The average packages in top MBA colleges in Pune range from 21 LPA to 29 LPA.
- ISB Hyderabad, SIBM Hyderabad and IMT Hyderabad offer packages ranging from 9-12 LPA. Finance, Marketing, Operations & Analytics are the best specialisations in MBA colleges in Hyderabad.
- Delhi NCR has the largest number of top-50 NIRF colleges (9), followed by Mumbai (6), making it the hub of elite B-schools.
- FMS Delhi (2.32 Lakh), TISS Mumbai (1 Lakh), IISc DMS Bangalore (5.19 Lakh), and JBIMS Mumbai (7 Lakh) are the top Lowest-fee with high-salary MBA colleges in India.
- Bangalore, Delhi NCR and Mumbai cover over 80% of 10 LPA+ MBA job offers in India and almost all 1 Cr+ packages.
Also Read
IIM & Non-IIM Call PredictorTop MBA Colleges in Bangalore 2026
IIM Bangalore, IISc DMS Bangalore, NMIMS Bangalore, MSB Bangalore, and SIBM Bangalore are the top MBA colleges in Bangalore. Business Analytics, Marketing, Finance, Human Resource Management, Operations & Supply Chain Management, and Entrepreneurship are the top specialisations in Bangalore. IIM Bangalore, IISc Department of Management Studies, MS Ramaiah Business School (MSB), and NMIMS Bangalore are famous for Business Analytics, while IIM Bangalore, MS Ramaiah Business School (MSB), NMIMS Bangalore, and Christ University (Institute of Management) are known for Finance specialisation. IIM Bangalore, SIBM Bangalore, MS Ramaiah Business School (MSB), and XIME Bangalore are among the best MBA colleges for Marketing.
MBA Colleges in Bangalore: Key Details
| College Name | Ranking in India | Overall Score (Out of 2000) | ROI (%) | Total Course Fees (INR) | Median/Average Salary (INR) | CAT Cutoff Percentile (Gen) | Top specialisations |
|---|---|---|---|---|---|---|---|
| IIM Bangalore | 3 | 1872 | 134.15% | 26 Lakh | 35.5 LPA | 99 | Finance, Marketing, Business Analytics |
| IISc DMS Bangalore | 34 | 1570 | 578.03 % | 5.19 Lakh | 30 LPA | - | Business Analytics, Technology Management, Operations |
| NMIMS Bangalore | 51 | 1450 | 64.09 % | 22 Lakh | 14.1 LPA | 93 (NMAT) | Finance, Marketing, Analytics |
| MSB Bangalore | 68 | 1390 | 130.22 % | 20.35 Lakh | 26.5 LPA | - | Marketing, Finance, Business Analytics |
| SIBM Bangalore | 75 | 1386 | 70.17 % | 20.62 Lakh | 14.47 LPA | 90 (SNAP) | Marketing, Finance, Operations |
| JAGSOM Bangalore | 77 | 1378 | 78.29 % | 14 Lakh | 10.96 LPA | 75 | Marketing, Finance, Data Science & Business Analytics |
| XIME Bangalore | 84 | 1354 | 77.52 % | 12.9 Lakh | 10 LPA | 75 | Marketing, Finance, Human Resources |
Key Highlights:
- The average salary of top-tier colleges (1-10 Rank) in Bangalore (like IIM Bangalore, IISc DMS Bangalore, NMIMS Bangalore, MSB Bangalore, and SIBM Bangalore) ranges from 10.46 LPA to 35.5 LPA, and the average salary for decent MBA colleges (11-20 Rank) in Bangalore (Like SBM (Christ University Bangalore), ISB&M Bangalore, ASOB Bangalore, CMS B School Bangalore, ISME Bangalore) ranges from 6 -10.5 LPA.
- IISc DMS Bangalore has the highest ROI of 578.03%, with a course fee of 5.19 Lakh.
- AGSOM Bangalore, XIME Bangalore, and Welingkar Bangalore offer an MBA program with a 75% CAT score, with fees of 14 Lakh, 12.90 Lakh, and 14.08 Lakh, respectively, While ISB&M Bangalore, ISME Bangalore and CMS B School Bangalore offer an MBA program with a 60% CAT score, with fees of 9 Lakh, 10.45 Lakh, and 12.05 Lakh, respectively.
Relevant articles
Top MBA Colleges in Mumbai 2026
SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, JBIMS Mumbai, and SJMSOM Mumbai (IIT Bombay) are the top MBA colleges in Mumbai. SPJIMR Mumbai, IIM Mumbai, NMIMS Mumbai, and SJMSOM Mumbai (IIT Bombay) are famous for Business Analytics, while SPJIMR Mumbai, IIM Mumbai, JBIMS Mumbai and NMIMS Mumbai are known for Finance specialisation. SPJIMR Mumbai, IIM Mumbai, JBIMS Mumbai, and NMIMS Mumbai are among the best MBA colleges for Marketing.
MBA Colleges in Mumbai: Key Details
| College Name | Ranking in India | Overall Score (Out of 2000) | ROI (%) | Total Course Fees (INR) | Median/Average Salary (INR) | CAT Cutoff Percentile (Gen) | Top specialisations |
|---|---|---|---|---|---|---|---|
| SPJIMR Mumbai | 10 | 1682 | 120.75 % | 26.5 lakh | 32 LPA | 85 | Finance, Marketing, Operations & Supply Chain |
| IIM Mumbai | 11 | 1680 | 157.14 % | 21 Lakh | 33 LPA | 97 | Finance, Marketing, Operations |
| TISS Mumbai | 12 | 1672 | 590 % | 1 Lakh | 26.31 LPA | - | HR & Industrial Relations, Hospital Administration, Social Entrepreneurship |
| JBIMS Mumbai | 16 | 1660 | 261.43 % | 7 Lakh | 18.3 LPA | 96 | Finance, Marketing, Operations & Supply Chain |
| SJMSOM Mumbai (IIT Bombay) | 18 | 1652 | 170.32 % | 15.16 Lakh | 25.82 LPA | 90 | Finance, Marketing, Business, Analytics |
| NMIMS Mumbai | 19 | 1642 | 157.06 % | 16 Lakh | 25.13 LPA | 96 (NMAT) | Finance, Marketing, Operations |
| SPJSGM Mumbai | 24 | 1626 | 56.21 % | 36.47 Lakh | 20.50 LPA | - | Global Management, Finance, Marketing |
Key Highlights:
- The average salary of top-tier MBA colleges (ranked 1-10) in Mumbai (such as SPJIMR Mumbai, IIM Mumbai, TISS Mumbai, JBIMS Mumbai, and SJMSOM Mumbai) ranges from 12 LPA at KJ Somaiya Mumbai to 32 LPA at SPJIMR Mumbai. The average salary for decent MBA colleges (11-20 Ranked) in Mumbai (Like IIM Indore (Mumbai Campus), WeSchool Mumbai, SIESSBS Mumbai, IBS Mumbai, NLDIMSR Mumbai) ranges from 6.50 LPA at Amity Business School Mumbai to 25.50 LPA at IIM Indore (Mumbai Campus).
- TISS Mumbai has recorded the highest package of INR 49 LPA and the highest ROI of 590%, with a course fee of INR 1 Lakh.
- KJ Somaiya Mumbai, SDA Bocconi Asia Centre Mumbai, IIM Indore (Mumbai Campus), and WeSchool Mumbai accept a CAT cutoff of 80-90 percentile for MBA admission, while 50-60 percentile is required for IIRM Hyderabad, VJIM Hyderabad, and SSIM Hyderabad.
Also Check
Top MBA Colleges in Delhi NCR 2026
FMS Delhi, MDI Gurgaon, IIFT Delhi, DMS Delhi (IIIT Delhi) and IIM Lucknow (Noida Campus) are the top MBA colleges in Delhi NCR. Marketing, Finance, Human Resource Management, Business Analytics, International Business, Operations Management, and Consulting are the top specialisations in Delhi NCR .IM Lucknow (Noida Campus), FMS Delhi, MDI Gurgaon, and IMI Delhi are famous for Business Analytics, while FMS Delhi, IIM Lucknow (Noida Campus), MDI Gurgaon, and IMT Ghaziabad are known for Finance specialisation.
MBA Colleges in Delhi NCR: Key Details
| College Name | Ranking in India | Overall Score (Out of 2000) | ROI (%) | Total Course Fees (INR) | Median/Average Salary (INR) | Cutoff Percentile (Gen) | Top specialisations |
|---|---|---|---|---|---|---|---|
| FMS Delhi | 8 | 1736 | 1469.82 % | 2.32 Lakh | 34.1 LPA | 98 (CAT) | Marketing, Finance, Operations |
| MDI Gurgaon | 14 | 1666 | 88.34 % | 21.60 - 29.58 Lakh | 26.13 LPA | 95 (CAT) | Marketing, Finance, HR Management |
| IIFT Delhi | 15 | 1664 | 114.05 % | 21.92 Lakh | 25 LPA | 650 (GMAT Cutoff marks) | International Business, Marketing, Finance |
| DMS Delhi (IIT Delhi) | 22 | 1636 | 177.82 % | 12.40 Lakh | 22.05 LPA | 98 (CAT) | Technology Management, Operations, Finance |
| IIM Lucknow (Noida Campus) | 27 | 1610 | 97.06 % | 19.25 - 20.75 Lakh | 20.14 LPA | 97 (CAT) | Sustainable Management, Marketing, Finance |
| IIM Rohtak | 30 | 1596 | 101.05 % | 19.07 Lakh | 19.27 LPA | 95 (CAT) | Marketing, Finance, Operations |
| Masters' Union Gurgaon | 36 | 1564 | 83.88 % | 28.48 - 34 Lakh | 28.52 LPA | - | Technology Management, Business Analytics, Entrepreneurship |
Key Highlights:
- The average/median placement packages range from INR 16.71 LPA at IMI Delhi to INR 34.1 LPA at FMS Delhi. FMS Delhi has recorded the highest package of INR 1.23 CPA and the highest ROI of 1469.82%, with a course fee of INR 2.32 Lakh.
- The average salary of top MBA colleges in Delhi (such as FMS Delhi, MDI Gurgaon, IIFT Delhi, DMS Delhi (IIT Delhi), IIM Lucknow (Noida Campus)) ranges from 15.86 LPA at IMT Ghaziabad to 34.10 LPA at FMS Delhi.
- BIMTECH Greater Noida, LBSIM Delhi and GLIM Gurgaon offer an MBA program with a 70%ile CAT score, with an average package of 10.13 LPA, 12.25 LPA, and 11.7 LPA, respectively, while JIMS Kalkaji, FIIB New Delhi, and JIM Noida offer an MBA program with a below 60%ile CAT score, with an average package of 9.50 LPA, 8.50 LPA, and 9.05 LPA, respectively.
Also Read
Top MBA Colleges in Delhi NCRTop MBA Colleges in Pune 2026
SIBM Pune, SCMHRD Pune, SIIB Pune, NIBM Pune, and SIMS Pune are the top MBA colleges in Pune. Marketing, Finance, International Business, Business Analytics, Banking, and IT Business Management are the top specialisations in Pune.
MBA Colleges in Pune: Key Details
| College Name | Ranking in India | Overall Score (Out of 2000) | ROI (%) | Total Course Fees (INR) | Median/Average Salary (INR) | MBA Cutoff Percentile (Gen) | Top specialisations |
|---|---|---|---|---|---|---|---|
| SIBM Pune | 20 | 1640 | 112.19 % | 25.1 Lakh | 28.16 LPA | 97 (SNAP ) | Marketing, Finance, Operations & Supply Chain |
| SCMHRD Pune | 25 | 1614 | 97.90 % | 24.8 Lakh | 24.28 LPA | 94 (SNAP) | Marketing, HR, Finance |
| SIIB Pune | 67 | 1392 | 73.30 % | 22.1 Lakh | 16.20 LPA | 93 (SNAP) | International Business, Agri-Business, Energy & Environment |
| NIBM Pune | 71 | 1388 | 101.62 % | 14.76 Lakh | 15 LPA | 75 (CAT) | Banking, Finance, Marketing |
| SIMS Pune | 76 | 1384 | 92.44 % | 18.93 Lakh | 17.5 LPA | 77 (SNAP) | Marketing, Finance, Operations |
| SIDTM Pune | 80 | 1378 | 80.98 % | 16.3 Lakh | 13.20 LPA | 83 (SNAP) | Systems & Finance, Marketing, Analytics |
| SCIT Pune | 104 | 1302 | 76.18 % | 15.2 Lakh | 11.58 LPA | 76 (SNAP) | IT Business Mgmt, Data Sciences & Analytics, Information Security |
Key Highlights:
- The total course fee varies from INR 14.76 Lakhs at NIBM Pune to INR 25.1 lakhs at SIBM Pune. SIBM Pune has recorded the highest package of INR 49 LPA and the highest ROI of 112.19%, with a course fee of INR 25.1 Lakh.
- The average salary of top-tier MBA colleges (ranked 1-10) in Pune (such as SIBM Pune, SCMHRD Pune, SIIB Pune, NIBM Pune, and SIMS Pune) ranges from 11 LPA at SSBF Pune to 28.16 LPA at SIBM Pune. The average salary for decent MBA colleges (ranked 15-20) in Pune (such as ISB&M, BIMHRD Pune, DYPBS Pune, SICSR Pune, NWIMS Pune, and BITM Pune) ranges from 4.5 to 11.2 LPA.
- IBM Pune, SIMS Pune, SCIT Pune, and NICMAR Pune are the top MBA colleges that offer an MBA program with a 70 - 75 percentile SNAP score, with an average package ranging from 9.25 to 17.5 LPA.
Also Read
Top MBA Colleges in PuneTop MBA Colleges in Hyderabad 2026
ISB Hyderabad, MANAGE Hyderabad, SIBM Hyderabad, IMT Hyderabad, and IBS Hyderabad are the top MBA colleges in Hyderabad. Marketing, Operations, Strategy & Leadership, Entrepreneurship, Analytics, and IT Business Management are the top specialisations in Hyderabad.
MBA Colleges in Hyderabad: Key Details
| College Name | Ranking in India | Overall Score (Out of 2000) | ROI (%) | Total Course Fees (INR) | Median/Average Salary (INR) | CAT Cutoff Percentile (Gen) | Top specialisations |
|---|---|---|---|---|---|---|---|
| ISB Hyderabad | 4 | 1852 | 85.98 % | 38.67 Lakh | 33.25 LPA | - | Marketing, Operations, Strategy & Leadership, Entrepreneurship, Analytics |
| MANAGE Hyderabad | 81 | 1374 | 137.56 % | 9 Lakh | 12.38 LPA | 75 – 80 | Agri-Business, Finance, Marketing |
| SIBM Hyderabad | 99 | 1304 | 54.36 % | 16.74 Lakh | 9.10 LPA | 58 (SNAP) | Finance, Marketing, HR |
| IMT Hyderabad | 100 | 1304 | 77.5 % | 16 Lakh | 12.40 LPA | 90 | Finance, Marketing, IT/Analytics |
| IBS Hyderabad | 101 | 1302 | 57.73 % | 17.01 Lakh | 9.82 LPA | 85 | Finance, Marketing, HR |
| WSB Hyderabad | 141 | 1256 | 62.78 % | 14.4 Lakh | 9.04 LPA | 70 | Finance, Marketing, Operations |
| IPE Hyderabad | 145 | 1242 | 86.13 % | 8.15 Lakh | 7.02 LPA | 70 | Marketing, Banking & Finance, International Business |
Key Highlights:
-
The average/median placement packages range from INR 9.04 LPA at WSB Hyderabad to INR 33.25 LPA at ISB Hyderabad.
- The total course fee varies from INR 8.15 Lakhs at IPE Hyderabad to INR 38.67 lakhs at ISB Hyderabad. MANAGE Hyderabad has recorded the highest package of INR 21 LPA and the highest ROI of 137.56%, with a course fee of INR 9 Lakh.
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MBA Colleges in HyderabadBest cities for MBA in India: Final Conclusion
To conclude, here are some clear and insightful comparisons of the best cities for pursuing an MBA in India.
Comparative Analysis of MBA Placement Opportunities Across Major Indian Cities
Delhi/NCR offers an average fresher salary of 18 LPA, with fees between 10-25 lakh and living costs of 3.5 lakh. It is known for its high ROI (900+%). Here is the city-wise comparison for MBA colleges with fresher salary, course fees, living expenses, and ROI.
| City | Avg. Fresher Salary ( INR ) | Est. Total Fees | Annual Living Cost | ROI (%) | Key Strength |
|---|---|---|---|---|---|
| Delhi/NCR | 18 LPA | 10-25 Lakh | 3.5 Lakh | 900+ | Top schools density |
| Mumbai | 22.5 LPA | 15-25 Lakh | 5.5 Lakh | 800 | Finance placements |
| Bangalore | 21.2 LPA | 15-25 Lakh | 4.0 Lakh | 700 | Tech innovation |
| Hyderabad | 17 LPA | 15-40 Lakh | 3.5 Lakh | 600 | Pharma growth |
| Pune | 15 LPA | 15-20 Lakh | 4.0 Lakh | 750 | Balanced lifestyle |
Comparison of Top NIRF-Ranked MBA Colleges Across Major Indian Cities
Delhi/NCR has the highest number of NIRF-Ranked MBA colleges, followed by Mumbai and Bangalore. Here is the list of NIRF-Ranked MBA Colleges across Major Cities in India.
| City/Region | Number of Top 50 NIRF Institutes | Notable Top-Ranked Schools (Rank) | Score |
|---|---|---|---|
| Delhi/NCR | 9 | IIT Delhi (4), MDI Gurgaon (9), IIFT Delhi (17), IMI Delhi (40), Fore School (59) | 62.5 |
| Mumbai | 6 | IIM Mumbai (6), SPJIMR (20), NMIMS (24), IIT Bombay (14) | 65.2 |
| Bangalore | 3 | IIM Bangalore (2), Christ University (57) | 68.0 |
| Chennai | 5 | IIT Madras (13), IIM Trichy (16), Great Lakes (37) | 60.8 |
| Hyderabad | 2 | ICFAI (46) | 54.4 |
| Pune | 1 | SIBM (11) | 67.9 |
| Ahmedabad | 3 | IIM Ahmedabad (1), MICA (33) | 65.3 |
Best cities for MBA in India FAQs
Ques. Which city is best for an MBA in Business Analytics in India?
Ans. Bangalore is the best city for Business Analytics, with an average salary range from ₹11.68 Lakh to ₹26.3 Lakh. Here is the list of the top MBA colleges in Bangalore for Business Analytics.
| College Name | Total Fees (INR) |
|---|---|
| IIM Bangalore | 26.3 Lakhs |
| SIBM Bangalore | 21.6 Lakh |
| XIME Bangalore | 13.15 Lakh |
| Wellingkar Bangalore | 14.08 Lakh |
| SBM (Christ University Bangalore) | 11.68 Lakh |
Ques. Which MBA colleges in India's top cities offer the best Return on Investment (ROI)?
Ans. FMS Delhi, TISS Mumbai, IISc DMS Bangalore, MANAGE Hyderabad and SIBM Pune are among the best MBA colleges in India offering the highest Return on Investment (ROI).
| College Name | ROI |
| FMS Delhi | 1469.82% |
| TISS Mumbai | 590% |
| IISc DMS Bangalore | 578.03% |
| MANAGE Hyderabad | 137.56% |
| SIBM Pune | 112.19% |
Ques. Which city gives the highest average/median salary after an MBA?
Ans. Bangalore has the highest median/average salary among top colleges, with ₹35.5 LPA, followed by IIM Mumbai at ₹33 LPA and ISB Hyderabad at ₹33.25 LPA.
Ques. Which is the overall best city for an MBA in India in 2026 (balancing placement, ROI, and reputation)?
Ans. Delhi NCR is considered one of the best cities for doing an MBA, followed by Mumbai and Bangalore.
- Delhi NCR (FMS Delhi dominates ROI + salary)
- Mumbai (Strong finance ecosystem + JBIMS/TISS value)
- Bangalore (Highest salaries + tech/analytics focus)
- Hyderabad (ISB prestige but expensive)
- Pune (Good private options via Symbiosis)
Ques. Which city offers better MBA placement opportunities: Bangalore or Mumbai?
Ans. Bangalore wins on higher median/average salaries (IIM-B ₹35.5 LPA vs IIM Mumbai ₹33 LPA) but Mumbai offers much better value-for-money options like JBIMS (₹18.3 LPA at just ₹7 Lakh fees).
Ques. Which city is best for an MBA specialization in Finance?
Ans. Mumbai remains the undisputed finance capital, with SPJIMR, IIM Mumbai, JBIMS and NMIMS, followed by Delhi (FMS, MDI) and Bangalore (IIM Bangalore).
Ques. Which city is best for Business Analytics / Tech MBA?
Ans. Bangalore ("Silicon Valley of India") is the best city for pursuing an MBA in analytics & Tech Management programs with colleges like IIM Bangalore, IISc DMS, NMIMS, and MSB, etc.
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