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Average Salary Package of Non-IIM Graduates in India

Average salary package of non-IIM graduates in India ranges between INR 10-30 LPA. Check the college-wise average salary package of non-IIM graduates in India.
authorImageShivani Kumari25 Oct, 2024
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Average Salary of Non-IIM Graduates

Average Salary Package of Non-IIM Graduates in India: Most MBA aspirants in India aim to join IIMs as they are regarded as the best MBA colleges to offer high salaries. However, there are several non-IIMs that provide a world-class education, and high-paying job offers to MBA graduates during campus placements. These include colleges like ISB Hyderabad, XLRI, MDI Gurugram, FMS, and more.

Typically, the average salary package of non-IIM graduates in India ranges from INR 10 LPA to INR 34 LPA. To enter top non-IIMs that offer high packages, candidates must clear exams like CAT , XAT , GMAT , CMAT, and SNAP .

Top 15 Non-IIM Colleges with High Packages

The table below provides an overview of the top 15 non-IIM colleges in India, along with their average salary packages:
Top 15 Non-IIMs Average Salary Packages
College Average Package (INR LPA)
FMS Delhi 34.20 LPA
ISB Hyderabad 34.08 LPA
SPJIMR Mumbai 33 LPA
XLRI Delhi 29.89 LPA
XLRI Jamshedpur 30.24 LPA
IIFT Delhi 29.10 LPA
IIFT Kolkata 29.10 LPA
SIBM Pune 28.16 LPA
SJMSOM (IIT Bombay) 28.88 LPA
JBIMS Mumbai 28.02 LPA
MDI Gurugram 27.67 LPA
TISS Mumbai (HRM & LR) 27.22 LPA
NMIMS Mumbai 26.63 LPA
DMS (IIT Delhi) 25.82 LPA
SCMHRD Pune 24.28 LPA

Average Salary Package of Non-IIM Ranging Between INR 30-20 LPA

Non-IIMs included in the salary range of INR 20 to 30 lakh per annum are SPJIMR, XLRI Jamshedpur, IIFT Delhi, NMIMS, and more. The following table provides an overview of non-IIMs with average salary ranging between INR 30-20 LPA:

Non IIMs Average Salary Ranging Between INR 30-20 LPA
MBA Institute Average Salary (INR LPA) Students Placed
S.P. Jain Inst. of Management & Research (SPJIMR) 33.00 LPA 235
Xavier Labour Relations Institute (XLRI), Jamshedpur 30.24 LPA 357
Indian Institute of Foreign Trade (IIFT), Delhi 29.10 LPA 420
IIT Bombay 28.88 LPA 115
Symbiosis Institute of Business Management (SIBM), Pune 28.16 LPA 180
(NMIMS, Mumbai 26.63 LPA 540
MDI, Gurgaon 27.67 LPA 469
IIT Delhi 25.82 LPA 124
IIT Madras 20.40 LPA 67

Non-IIMs Average Salary Ranging Between INR 10-19 LPA

XIM University and MICA Ahmedabad stand out as top non-IIMs offering high packages to graduates in the average salary range of INR 10 to 19 lakh per annum. The table below presents top MBA colleges in India with average salary between INR 10-19 LPA.
Non-IIMs Average Salary Ranging Between INR 10-19 LPA
MBA Institute Average Salary (INR LPA) Students Placed
MICA Ahmedabad 19.00 LPA 179
XIM University 19.25 LPA 358
IIT Kanpur 17.25 LPA 37
IIT Roorkee 18.09 LPA 64
IMI, Delhi 16.33 LPA 302
IIT Kharagpur 18.08 LPA 81
Great Lakes Inst. of Management 14.50 LPA 167
Institute of Rural Management Anand (IRMA) 15.00 LPA 244
IMT, Ghaziabad 16.00 LPA 518
TAPMI 13.50 LPA 429
BIMTECH 11.00 LPA 365
Fore School of Management 14.00 LPA 365
IIT-ISM Dhanbad 11.30 LPA 60
Banaras Hindu University (BHU) 11.80 LPA 174
KJ Somaiya Inst. of Management Studies and Research 11.00 LPA 390
Loyola Inst. of Business Administration (LIBA), Chennai 10.00 LPA 171
Nirma University 11.00 LPA 391
Jamia Millia Islamia 10.02 LPA
IMI Kolkata 10.50 LPA 187
ICFAI Hyderabad 10.00 LPA 1162
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Average Salary Package of Non-IIM Graduates in India FAQs

What is the salary of fresh graduate in IIM?

Most fresh IIM graduates get an annual salary ranging between INR 20-25 LPA.

Do IIM graduates earn more than IIT graduates?

The average salary offered to IIM graduates is generally higher than those from IITs.

Which non-IIM offers highest salary to MBA graduates?

FMS Delhi and ISB Hyderabad offer the highest salary to MBA graduates in India.

Which branch of MBA is highly paid?

MBA branch that pays the highest salaries to graduates are finance, operation management, and marketing.

What is the lowest salary in IIM?

The lowest salary offered by IIMs ranges between INR 10-20 LPA.
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