IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Lucknow, and FMS Delhi are the best government MBA colleges in India. IIM Ahmedabad leads with a CD Score of 963 out of 1000, followed by IIM Calcutta at 959 and IIM Bangalore at 958.
Key Summary
Fees
Full Range99,640 (DFS Delhi) to 28.10 Lakh (IIM Bangalore)
Under 10 LakhDFS Delhi, DBE Delhi, DSE Delhi, IISc Bangalore, IIT Kanpur, JBIMS Mumbai, FMS Delhi
Top by CD ScoreIIM Ahmedabad (963), IIM Calcutta (959), IIM Bangalore (958)
Placements
Median Package13.15 LPA (IIM Sambalpur) to 33.00 LPA (IIM Mumbai)
Highest PackageIIM Calcutta (1.45 CPA), IIM Ahmedabad (1.10 CPA), FMS Delhi (1.10 CPA)
Best ROIDFS Delhi (1530.51%), FMS Delhi (1133.72%), JBIMS Mumbai (324.13%)
Admission
Entrance ExamsCAT (266), MAT (148), CMAT (141), CUET PG (75), XAT (74)
CAT Qualifying Minimum80 (IIT Kanpur) to 97 (IIM Rohtak)
State ExamsTANCET (40), MAH CET (29), Karnataka PGCET (28), AP ICET (22)
Options
Total Colleges758 government MBA and PGDM colleges
Beyond the IIMs5 IITs, 3 Delhi University departments, JBIMS, IIFT, IISc
Specialised Lists27 girls-only, 104 executive, 5 online
Top Government MBA Colleges in India 2026
| College Name | Total Course Fees | CD Score | Median Package | CAT Min. Percentile (Gen) |
|---|---|---|---|---|
| IIM Ahmedabad | 27.50 Lakh | 963 | 31.00 LPA | 95 |
| IIM Calcutta | 27.00 Lakh | 959 | 30.00 LPA | 85 |
| IIM Bangalore | 28.10 Lakh | 958 | 32.50 LPA | - |
| IIM Lucknow | 20.75 Lakh | 899 | 30.00 LPA | 90 |
| FMS Delhi | 2.61 Lakh | 855 | 29.59 LPA | - |
| IIM Kozhikode | 22.50 Lakh | 885 | 27.00 LPA | 85 |
| IIM Indore | 25.16 Lakh | 859 | 25.50 LPA | 90 |
| IIM Mumbai | 25.50 Lakh | 829 | 33.00 LPA | 85 |
| IIT Bombay SJMSOM | 17.30 Lakh | 826 | 26.73 LPA | - |
| IIT Delhi DMS | 12.00 Lakh | 811 | 22.05 LPA | - |
| JBIMS Mumbai | 8.33 Lakh | 811 | 27.00 LPA | - |
| IIT Kharagpur VGSoM | 13.04 Lakh | 801 | 20.65 LPA | 90 |
| IIM Shillong | 26.18 Lakh | 800 | 25.67 LPA | - |
| IIFT Kolkata | 21.42 Lakh | 766 | 25.00 LPA | - |
| IIM Raipur | 21.41 Lakh | 746 | 17.50 LPA | 90 |
| IIT Madras DoMS | 12.91 Lakh | 729 | 16.78 LPA | - |
| IIM Tiruchirappalli | 21.24 Lakh | 726 | 18.10 LPA | 90 |
| IIM Udaipur | 21.51 Lakh | 721 | 18.00 LPA | 94 |
| IIM Rohtak | 20.03 Lakh | 710 | 19.27 LPA | 97 |
| IIM Nagpur | 21.50 Lakh | 710 | 16.00 LPA | 95 |
| IIM Ranchi | 20.90 Lakh | 702 | 18.00 LPA | 90 |
| DSE New Delhi | 1.15 Lakh | 683 | - | - |
| IIM Amritsar | 21.50 Lakh | 673 | 15.60 LPA | 90 |
| IISc Bangalore | 5.79 Lakh | 671 | - | - |
| IIM Kashipur | 20.80 Lakh | 667 | 15.03 LPA | 90 |
| DBE Delhi | 1.01 Lakh | 665 | - | - |
| IIT Kanpur DoMS | 7.64 Lakh | 659 | 19.90 LPA | 80 |
| IIM Visakhapatnam | 23.59 Lakh | 658 | 15.50 LPA | 82 |
| DFS Delhi | 99,640 | 652 | 15.25 LPA | - |
| IIM Sambalpur | 21.13 Lakh | - | 13.15 LPA | 90 (85 for women) |
CD Score is Collegedunia’s own rating of a college, out of 1000. It combines placement record, fees, infrastructure, faculty, student reviews and admission data into one number, and it appears only on CD Rank listing pages, never on a college’s own page. A higher score means a stronger overall profile rather than a stronger salary alone, which is why the order here differs from both the NIRF ranking and the ranking by return on fees.
Ques. Which government MBA colleges accept a CAT score of 90 to 95 percentile?
Ans. Twelve government MBA colleges in India publish a General qualifying minimum in the 90 to 95 percentile band, and IIM Ahmedabad pays the most among them at a 31.00 LPA median.
| College Name | CAT Cutoff (General) | Median Package |
|---|---|---|
| IIM Ahmedabad | 95 CAT %ile | 31.00 LPA |
| IIM Nagpur | 95 CAT %ile | 16.00 LPA |
| IIM Udaipur | 94 CAT %ile | 18.00 LPA |
| IIM Lucknow | 90 CAT %ile | 30.00 LPA |
| IIM Indore | 90 CAT %ile | 25.50 LPA |
| IIT Kharagpur VGSoM | 90 CAT %ile | 20.65 LPA |
| IIM Tiruchirappalli | 90 CAT %ile | 18.10 LPA |
| IIM Ranchi | 90 CAT %ile | 18.00 LPA |
| IIM Raipur | 90 CAT %ile | 17.50 LPA |
| IIM Amritsar | 90 CAT %ile | 15.60 LPA |
| IIM Kashipur | 90 CAT %ile | 15.03 LPA |
| IIM Sambalpur | 90 CAT %ile | 13.15 LPA |
These are qualifying minimums, not closing percentiles. The four Joint Admission Process IIMs, Raipur, Ranchi, Tiruchirappalli and Kashipur, state that actual cutoffs may be much higher, and their interview shortlists have run near 95.25 percentile.
Ques. Which government MBA colleges accept a CAT score of 80 to 85 percentile?
Ans. Five government MBA colleges in India publish a General qualifying minimum in the 80 to 85 percentile band, and IIM Mumbai pays the most among them at a 33.00 LPA median.
| College Name | CAT Cutoff (General) | Median Package |
|---|---|---|
| IIM Mumbai | 85 CAT %ile | 33.00 LPA |
| IIM Calcutta | 85 CAT %ile | 30.00 LPA |
| IIM Kozhikode | 85 CAT %ile | 27.00 LPA |
| IIM Visakhapatnam | 82 CAT %ile | 15.50 LPA |
| IIT Kanpur DoMS | 80 CAT %ile | 19.90 LPA |
IIM Calcutta and IIM Mumbai both add that actual cutoffs may be much higher than the stated minimum, and IIM Visakhapatnam's figure applies only to its Phase 1 shortlist. IIT Kanpur is the best value in this band, returning 260.47% on a 7.64 Lakh fee.
Ques. Is a government MBA cheaper than a private MBA in India?
Ans. Not always. The top 30 government MBA colleges in India span 99,640 to 28.10 Lakh, and the top end is level with India's costliest private business schools. What separates the two groups is the floor, not the ceiling. Seven government colleges here charge under 10 Lakh for the full two years, and three Delhi University departments charge under 1.20 Lakh. No private college in India offers a two-year MBA at that price with placements of this quality.
Ques. Which government MBA college has the lowest fees with good placements?
Ans. The Department of Financial Studies at Delhi University charges 99,640 for the full MBA (Finance) and reports a median of 15.25 LPA, a return of 1530.51% on fees. FMS Delhi charges 2.61 Lakh against a median of 29.59 LPA, a return of 1133.72%. JBIMS Mumbai charges 8.33 Lakh against a median of 27.00 LPA. All three beat every IIM on return.
CAT Mock Test
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CAT Question Papers & PYQs
Every IIM and IIT in the top 30 shortlists on CAT. Solve past papers to learn the pattern and difficulty level.
CAT 2026 Important Dates
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Table of Contents

Government MBA Colleges in India with Best ROI and Placements 2026
IIM Calcutta has the highest package at 1.45 Crore, ahead of IIFT’s 1.23 Crore international CTC, followed by FMS Delhi and IIM Ahmedabad at 1.10 Crore each. DFS Delhi has the best ROI in India at 1530.51%, followed by FMS Delhi at 1133.72% and JBIMS Mumbai at 324.13%. The seven best-value government MBA colleges in India are all outside the IIM system, with IIM Lucknow the best IIM at 144.58%. Median packages at government MBA colleges in India start at 13.15 LPA at IIM Sambalpur and reach 33.00 LPA at IIM Mumbai. The highest five are IIM Mumbai 33.00 LPA, IIM Bangalore 32.50 LPA, IIM Ahmedabad 31.00 LPA, IIM Lucknow and IIM Calcutta 30.00 LPA each. The lowest three are IIM Sambalpur 13.15 LPA, IIM Kashipur 15.03 LPA and DFS Delhi 15.25 LPA.
| Rank | College Name | Total Course Fees | Median Package | Highest Package | ROI (%) | Top Recruiters |
|---|---|---|---|---|---|---|
| 1 | DFS Delhi | 99,640 | 15.25 LPA | 28.30 LPA | 1530.51 | D.E. Shaw, Arcesium, CRISIL, EY, KPMG |
| 2 | FMS Delhi | 2.61 Lakh | 29.59 LPA | 1.10 CPA | 1133.72 | McKinsey & Company, BCG, Bain & Company, Accenture Strategy, Goldman Sachs |
| 3 | JBIMS Mumbai | 8.33 Lakh | 27.00 LPA | 80.00 LPA | 324.13 | Accenture, Deloitte, EY, KPMG, ICICI Bank |
| 4 | IIT Kanpur DoMS | 7.64 Lakh | 19.90 LPA | 24.00 LPA | 260.47 | Accenture, Deloitte, Amazon, Microsoft, Axis Bank |
| 5 | IIT Delhi DMS | 12.00 Lakh | 22.05 LPA | 43.55 LPA | 183.75 | McKinsey & Company, Bain & Company, Accenture Strategy, Flipkart, Johnson & Johnson |
| 6 | IIT Kharagpur VGSoM | 13.04 Lakh | 20.65 LPA | 37.63 LPA | 158.36 | Accenture, Amazon, EY, Deloitte, PwC |
| 7 | IIT Bombay SJMSOM | 17.30 Lakh | 26.73 LPA | 53.80 LPA | 154.51 | JP Morgan Chase, Kearney, Deloitte, Accenture, Amazon |
| 8 | IIM Lucknow | 20.75 Lakh | 30.00 LPA | 1.00 CPA | 144.58 | Accenture, Deloitte, PwC, Bain & Company, BCG |
| 9 | IIT Madras DoMS | 12.91 Lakh | 16.78 LPA | 40.00 LPA | 129.98 | Accenture, Deloitte, EXL, Flipkart, HSBC |
| 10 | IIM Mumbai | 25.50 Lakh | 33.00 LPA | 71.40 LPA | 129.41 | Accenture Strategy, Deloitte, Goldman Sachs, Microsoft, Hindustan Unilever |
| 11 | IIM Kozhikode | 22.50 Lakh | 27.00 LPA | 81.00 LPA | 120.00 | Accenture, Amazon, Microsoft, Flipkart, American Express |
| 12 | IIFT Kolkata | 21.42 Lakh | 25.00 LPA | 1.23 CPA | 116.71 | Amazon, Deloitte, Axis Bank, Asian Paints, Dabur |
| 13 | IIM Bangalore | 28.10 Lakh | 32.50 LPA | - | 115.66 | Accenture Strategy, Bain & Company, BCG, EY-Parthenon, American Express |
| 14 | IIM Ahmedabad | 27.50 Lakh | 31.00 LPA | 1.10 CPA | 112.73 | Accenture Strategy, BCG, McKinsey & Company, FinIQ Consulting, Goldman Sachs |
| 15 | IIM Calcutta | 27.00 Lakh | 30.00 LPA | 1.45 CPA | 111.11 | McKinsey & Company, BCG, Bain & Company, Goldman Sachs, Google |
| 16 | IIM Indore | 25.16 Lakh | 25.50 LPA | 82.54 LPA | 101.35 | Accenture Strategy, BCG, Deloitte, Goldman Sachs, Microsoft |
| 17 | IIM Shillong | 26.18 Lakh | 25.67 LPA | 71.50 LPA | 98.05 | Bain & Company, Deloitte, KPMG, Goldman Sachs, Nomura |
| 18 | IIM Rohtak | 20.03 Lakh | 19.27 LPA | 37.10 LPA | 96.21 | PwC, Alvarez & Marsal, BlackRock, Morgan Stanley, Amazon |
| 19 | IIM Ranchi | 20.90 Lakh | 18.00 LPA | 52.50 LPA | 86.12 | Amazon, Goldman Sachs, HSBC, Google, Deloitte |
| 20 | IIM Tiruchirappalli | 21.24 Lakh | 18.10 LPA | 44.98 LPA | 85.22 | D.E. Shaw, HSBC, PwC, Gartner, Infosys |
| 21 | IIM Udaipur | 21.51 Lakh | 18.00 LPA | 41.65 LPA | 83.68 | Accenture Strategy, American Express, Bank of America, Capgemini, Bosch India |
| 22 | IIM Raipur | 21.41 Lakh | 17.50 LPA | 42.29 LPA | 81.74 | ICICI Bank, Amazon, Deloitte, EY, PwC |
| 23 | IIM Nagpur | 21.50 Lakh | 16.00 LPA | 73.18 LPA | 74.42 | Deloitte, Accenture, ICICI Bank, Capgemini, Cognizant |
| 24 | IIM Amritsar | 21.50 Lakh | 15.60 LPA | 43.00 LPA | 72.56 | Accenture, Adani, Amazon, Deloitte, ICICI Bank |
| 25 | IIM Kashipur | 20.80 Lakh | 15.03 LPA | 33.12 LPA | 72.26 | PwC, Cummins, Hexaware, NSE, Jindal Stainless |
| 26 | IIM Visakhapatnam | 23.59 Lakh | 15.50 LPA | 81.43 LPA | 65.71 | Accenture, Deloitte, EY, Goldman Sachs, ICICI Bank |
| 27 | IIM Sambalpur | 21.13 Lakh | 13.15 LPA | 48.60 LPA | 62.23 | Accenture Technology, Deloitte USI, ICICI Bank, Capgemini, Cognizant |
None of the five best returns belongs to an IIM
DFS Delhi, FMS Delhi, JBIMS Mumbai, IIT Kanpur and IIT Delhi take the top five places on return against fees. The best IIM is IIM Lucknow, eighth overall at 144.58%. Every IIM founded from 2007 onwards falls below 100%, with IIM Sambalpur lowest at 62.23%.

Ques. Which government MBA college in India has the best ROI?
Ans. The Department of Financial Studies at Delhi University has the best ROI among government MBA colleges in India at 1530.51%.
| College Name | Total Course Fees | Median Package | ROI (%) |
|---|---|---|---|
| DFS Delhi | 99,640 | 15.25 LPA | 1530.51 |
| FMS Delhi | 2.61 Lakh | 29.59 LPA | 1133.72 |
| JBIMS Mumbai | 8.33 Lakh | 27.00 LPA | 324.13 |
| IIT Kanpur DoMS | 7.64 Lakh | 19.90 LPA | 260.47 |
| IIT Delhi DMS | 12.00 Lakh | 22.05 LPA | 183.75 |
Ques. Should I choose a college on its highest package or its median?
Ans. The median, almost always. A highest package is a single offer, often international, often to one graduate with an unusual profile, and it tells you nothing about what the middle of the batch earned. IIM Visakhapatnam illustrates the gap: it reports a maximum of 81.43 LPA, higher than IIM Mumbai's 71.40 LPA, while its median of 15.50 LPA is less than half IIM Mumbai's 33.00 LPA. Read the maximum as the ceiling and the median as the realistic expectation.
Ques. Do IIMs give a good return on investment?
Ans. Seven of the eighteen IIMs in the top 30 return more than their own fee within a year of median salary. The other eleven do not.
| College Name | Total Course Fees | Median Package | ROI (%) |
|---|---|---|---|
| IIM Lucknow | 20.75 Lakh | 30.00 LPA | 144.58 |
| IIM Mumbai | 25.50 Lakh | 33.00 LPA | 129.41 |
| IIM Kozhikode | 22.50 Lakh | 27.00 LPA | 120.00 |
| IIM Bangalore | 28.10 Lakh | 32.50 LPA | 115.66 |
| IIM Ahmedabad | 27.50 Lakh | 31.00 LPA | 112.73 |
| IIM Calcutta | 27.00 Lakh | 30.00 LPA | 111.11 |
| IIM Indore | 25.16 Lakh | 25.50 LPA | 101.35 |
Government MBA Colleges in India: Salary Trends
IIM Mumbai climbed from 31.00 LPA to 33.00 LPA across the three editions, the steadiest rise and the highest median among the top 30. IIM Rohtak gained the most overall, 3.21 LPA, moving from 16.06 LPA to 19.27 LPA.
IIM Calcutta is the only college here that finished lower than it started, 31.00 LPA down to 30.00 LPA, though its own 2026 report puts the median back at 35.00 LPA. IIT Madras swings widest, 16.00 LPA to 20.46 LPA and back to 16.78 LPA.
| College Name | NIRF 2023 Median | NIRF 2024 Median | NIRF 2025 Median | Salary Change |
|---|---|---|---|---|
| IIM Mumbai | 31.00 LPA | 32.00 LPA | 33.00 LPA | Up 2.00 LPA |
| IIM Bangalore | 31.50 LPA | 33.00 LPA | 32.50 LPA | Up 1.00 LPA |
| IIM Ahmedabad | 30.00 LPA | 31.00 LPA | 31.00 LPA | Up 1.00 LPA |
| IIM Calcutta | 31.00 LPA | 33.67 LPA | 30.00 LPA | Down 1.00 LPA |
| IIM Lucknow | 29.00 LPA | 30.00 LPA | 30.00 LPA | Up 1.00 LPA |
| IIM Kozhikode | 26.50 LPA | 27.00 LPA | 27.00 LPA | Up 0.50 LPA |
| IIT Bombay SJMSOM | 25.76 LPA | 26.64 LPA | 26.73 LPA | Up 0.97 LPA |
| IIM Indore | 24.09 LPA | 24.70 LPA | 25.50 LPA | Up 1.41 LPA |
| IIT Delhi DMS | 20.06 LPA | 24.45 LPA | 22.05 LPA | Up 1.99 LPA |
| IIT Kharagpur VGSoM | 19.10 LPA | 22.06 LPA | 20.65 LPA | Up 1.55 LPA |
| IIM Rohtak | 16.06 LPA | 18.74 LPA | 19.27 LPA | Up 3.21 LPA |
| IIM Raipur | 16.95 LPA | 20.00 LPA | 17.50 LPA | Up 0.55 LPA |
| IIT Madras DoMS | 16.00 LPA | 20.46 LPA | 16.78 LPA | Up 0.78 LPA |
Only one college is earning less than it did three NIRF editions ago
IIM Calcutta is the only one of the thirteen whose NIRF median is lower than three editions ago, down from 31.00 LPA to 30.00 LPA. Its own 2026 report puts the median back at 35.00 LPA.
Six of these thirteen peaked in 2022-23 and were lower the following year
IIM Bangalore, IIM Calcutta, IIT Delhi, IIT Kharagpur, IIM Raipur and IIT Madras all came off a 2022-23 high. That is the post-2022 hiring correction showing up in the numbers, and it is worth knowing before comparing a college against a salary figure published two years ago.
Ques. Are government MBA salaries in India rising or falling?
Ans. Both, depending on the college. Across the thirteen government MBA colleges with a full three-year NIRF record, twelve have a higher median than they did in 2021-22. But six of them peaked in 2022-23 and fell the year after, including IIM Bangalore, IIM Calcutta and IIT Delhi. The direction over three years is up; the direction over the most recent year is mixed.
Ques. Which government MBA college has improved its salary the most?
Ans. IIM Rohtak has improved the most, with its NIRF median up 3.21 LPA across the last three NIRF editions.
| College Name | NIRF 2023 Median | NIRF 2025 Median | Salary Change |
|---|---|---|---|
| IIM Rohtak | 16.06 LPA | 19.27 LPA | Up 3.21 LPA |
| IIM Mumbai | 31.00 LPA | 33.00 LPA | Up 2.00 LPA |
| IIT Delhi DMS | 20.06 LPA | 22.05 LPA | Up 1.99 LPA |
| IIT Kharagpur VGSoM | 19.10 LPA | 20.65 LPA | Up 1.55 LPA |
| IIM Indore | 24.09 LPA | 25.50 LPA | Up 1.41 LPA |

Top IIMs for MBA in India 2026
Eighteen of the top 30 are IIMs. They are not one tier. The three oldest, Ahmedabad, Calcutta and Bangalore, sit at the top on both CD Score and median package. The newest, Sambalpur, Visakhapatnam and Amritsar, charge within a few lakh of the oldest while reporting medians roughly half as large.
| College Name | Total Course Fees | CD Score | Median Package | Highest Package | ROI (%) |
|---|---|---|---|---|---|
| IIM Ahmedabad | 27.50 Lakh | 963 | 31.00 LPA | 1.10 CPA | 112.73 |
| IIM Calcutta | 27.00 Lakh | 959 | 30.00 LPA | 1.45 CPA | 111.11 |
| IIM Bangalore | 28.10 Lakh | 958 | 32.50 LPA | - | 115.66 |
| IIM Lucknow | 20.75 Lakh | 899 | 30.00 LPA | 1.00 CPA | 144.58 |
| IIM Kozhikode | 22.50 Lakh | 885 | 27.00 LPA | 81.00 LPA | 120.00 |
| IIM Indore | 25.16 Lakh | 859 | 25.50 LPA | 82.54 LPA | 101.35 |
| IIM Mumbai | 25.50 Lakh | 829 | 33.00 LPA | 71.40 LPA | 129.41 |
| IIM Shillong | 26.18 Lakh | 800 | 25.67 LPA | 71.50 LPA | 98.05 |
| IIM Raipur | 21.41 Lakh | 746 | 17.50 LPA | 42.29 LPA | 81.74 |
| IIM Tiruchirappalli | 21.24 Lakh | 726 | 18.10 LPA | 44.98 LPA | 85.22 |
| IIM Udaipur | 21.51 Lakh | 721 | 18.00 LPA | 41.65 LPA | 83.68 |
| IIM Rohtak | 20.03 Lakh | 710 | 19.27 LPA | 37.10 LPA | 96.21 |
| IIM Nagpur | 21.50 Lakh | 710 | 16.00 LPA | 73.18 LPA | 74.42 |
| IIM Ranchi | 20.90 Lakh | 702 | 18.00 LPA | 52.50 LPA | 86.12 |
| IIM Amritsar | 21.50 Lakh | 673 | 15.60 LPA | 43.00 LPA | 72.56 |
| IIM Kashipur | 20.80 Lakh | 667 | 15.03 LPA | 33.12 LPA | 72.26 |
| IIM Visakhapatnam | 23.59 Lakh | 658 | 15.50 LPA | 81.43 LPA | 65.71 |
| IIM Sambalpur | 21.13 Lakh | - | 13.15 LPA | 48.60 LPA | 62.23 |
The Verdict on the IIMs
Eleven of these eighteen IIMs return less than their own fee within a year of median salary. The three letters are not the whole answer, and the numbers show where they stop being one.
Best Value IIM
IIM Lucknow
144.58% return, the highest of any IIM, on a 20.75 Lakh fee and a 30.00 LPA median. Its own 2026 report puts the median at 32.90 LPA.
Highest Median
IIM Mumbai
33.00 LPA, ahead of Bangalore, Ahmedabad and Calcutta, and up in every NIRF edition since 2023.
Fastest Improving
IIM Rohtak
Up 3.21 LPA across three NIRF editions, more than any other college in the top 30. It also sets the toughest published bar at CAT 97.
Check the Maths First
The Newest IIMs
Sambalpur, Visakhapatnam and Kashipur charge 20.80 to 23.59 Lakh against medians of 13.15 to 15.50 LPA. Each returns under 75% of its fee.
Not one IIM founded after 2007 returns its own fee
The six oldest IIMs all clear 100% and all post medians above 25.00 LPA, and IIM Mumbai joins them at 129.41% after six decades as NITIE. Among the eleven IIMs set up from 2007 onwards, none repays its fee within a year of median salary. IIM Shillong comes closest at 98.05%, IIM Rohtak at 96.21%, and nine of the eleven sit under 90%.
Ques. Is any IIM worth it purely on money returned?
Ans. Seven of the eighteen are, in the sense that they return more than their fee within a year of median salary. IIM Lucknow leads at 144.58%, followed by IIM Mumbai at 129.41%, IIM Kozhikode at 120.00%, IIM Bangalore at 115.66%, IIM Ahmedabad at 112.73%, IIM Calcutta at 111.11% and IIM Indore at 101.35%. The other eleven do not, though that is a statement about fees against median salary, not about the education, the network or where a graduate stands ten years later.
Ques. Which is the best IIM in India in 2026?
Ans. IIM Ahmedabad is the best IIM in India with a CD Score of 963 out of 1000, ahead of IIM Calcutta at 959 and IIM Bangalore at 958. IIM Mumbai posts the highest median package of any IIM at 33.00 LPA, and IIM Calcutta the largest single offer at 1.45 Crore.
Ques. Are the newer IIMs worth the fee?
Ans. On fee-to-median, the newer IIMs are the weakest value among the top 30. IIM Sambalpur charges 21.13 Lakh against a median of 13.15 LPA, IIM Visakhapatnam 23.59 Lakh against 15.50 LPA and IIM Kashipur 20.80 Lakh against 15.03 LPA. Each returns under 75% of its fee in a year of median salary. The newer IIMs do place well at the top of the batch, with IIM Visakhapatnam reporting a maximum of 81.43 LPA, but the median is what most of a batch earns.
Ques. Which IIM has the lowest fees?
Ans. IIM Rohtak has the lowest flagship fee among the eighteen IIMs at 20.03 Lakh for the two-year PGP, followed by IIM Lucknow at 20.75 Lakh and IIM Kashipur at 20.80 Lakh. None of the IIMs comes close to the non-IIM government options, where seven colleges charge under 10 Lakh.
Government MBA Colleges in India Beyond the IIMs
Readers often treat government MBA and IIM as the same thing. Twelve of the top 30 are not IIMs, and they include the single best-value MBA in the country. Five IITs run two-year management programmes. Three Delhi University departments run them at under 1.20 Lakh. JBIMS answers to the University of Mumbai, IIFT to the Ministry of Commerce, and IISc Bangalore runs a Master of Management.
| College Name | Institute Type | Total Course Fees | CD Score | Median Package | Highest Package |
|---|---|---|---|---|---|
| FMS Delhi | University of Delhi | 2.61 Lakh | 855 | 29.59 LPA | 1.10 CPA |
| IIT Bombay SJMSOM | IIT | 17.30 Lakh | 826 | 26.73 LPA | 53.80 LPA |
| IIT Delhi DMS | IIT | 12.00 Lakh | 811 | 22.05 LPA | 43.55 LPA |
| JBIMS Mumbai | University of Mumbai | 8.33 Lakh | 811 | 27.00 LPA | 80.00 LPA |
| IIT Kharagpur VGSoM | IIT | 13.04 Lakh | 801 | 20.65 LPA | 37.63 LPA |
| IIFT Kolkata | Ministry of Commerce, Deemed | 21.42 Lakh | 766 | 25.00 LPA | 1.23 CPA |
| IIT Madras DoMS | IIT | 12.91 Lakh | 729 | 16.78 LPA | 40.00 LPA |
| DSE New Delhi | University of Delhi | 1.15 Lakh | 683 | - | - |
| IISc Bangalore | Institute of Eminence | 5.79 Lakh | 671 | - | - |
| DBE Delhi | University of Delhi | 1.01 Lakh | 665 | - | - |
| IIT Kanpur DoMS | IIT | 7.64 Lakh | 659 | 19.90 LPA | 24.00 LPA |
| DFS Delhi | University of Delhi | 99,640 | 652 | 15.25 LPA | 28.30 LPA |
Three Delhi University departments cost under 1.20 Lakh
DFS charges 99,640, DBE 1.01 lakh, and DSE 1.15 Lakh. DFS reports a median of 15.25 LPA, ahead of IIM Sambalpur, IIM Kashipur and IIM Visakhapatnam, each of which charges more than twenty times as much. DBE and DFS have since merged into a single Department of Finance and Business Economics at Delhi University’s South Campus, running both programmes through one CAT-based process, so older articles describing them as separate departments are out of date.
Every IIT here beats every IIM on return
IIT Kanpur charges 7.64 Lakh against a median of 19.90 LPA, IIT Delhi 12.00 Lakh against 22.05 LPA and IIT Kharagpur 13.04 Lakh against 20.65 LPA. All three place into the same consulting and analytics firms as the IIMs. IIT Bombay’s SJMSOM posts the strongest median of the five at 26.73 LPA.
Ques. Which non-IIM government MBA college is best in India?
Ans. FMS Delhi is the strongest non-IIM government MBA college in India, with a CD Score of 855, a median of 29.59 LPA and a highest package of 1.10 Crore against a fee of 2.61 Lakh. On return, it is second only to DFS Delhi. IIT Bombay's SJMSOM leads the IITs with a median of 26.73 LPA, and JBIMS Mumbai reports a median of 27.00 LPA with a maximum of 80.00 LPA.
Ques. Can I do an MBA from an IIT?
Ans. Yes. Five IITs in the top 30 run a two-year MBA, and all five shortlist on CAT.
| College Name | Total Course Fees | Median Package | ROI (%) |
|---|---|---|---|
| IIT Kanpur DoMS | 7.64 Lakh | 19.90 LPA | 260.47 |
| IIT Delhi DMS | 12.00 Lakh | 22.05 LPA | 183.75 |
| IIT Kharagpur VGSoM | 13.04 Lakh | 20.65 LPA | 158.36 |
| IIT Bombay SJMSOM | 17.30 Lakh | 26.73 LPA | 154.51 |
| IIT Madras DoMS | 12.91 Lakh | 16.78 LPA | 129.98 |
IIT Delhi and IIT Madras convert the CAT score into a composite index rather than applying a percentile cutoff. All five return more than their fee.
Ques. Is the Delhi University MBA worth it?
Ans. On fees against placements, it is the best value in Indian management education. The Department of Financial Studies charges 99,640 for two years and reports a median of 15.25 LPA. FMS Delhi charges 2.61 Lakh and reports 29.59 LPA. Both are harder to enter than most IIMs because the seat counts are small and the fee makes them the default fallback for high scorers. Neither publishes a stated CAT percentile minimum, and at FMS the CAT score carries only 50% of the final selection weight.
Top-Ranked Government MBA Colleges in India by Various Agencies
NIRF is the only government ranking of management institutes in India, published by the Ministry of Education. NIRF Management 2025 is the latest set released, and it ranks 125 institutes in all, the first 100 individually and the remainder in a 101-125 band. Twenty-four of the top 30 appear in it, and the 15 placed highest are shown below alongside their IIRF and India Today positions. IIRF and India Today are privately published rankings. IIRF runs a separate list of 100 government and public B-schools, which is the one used here. A dash means that agency has no current-year rank for that college: India Today’s most recent published positions for several of these institutes date from 2020 to 2025, and those older years are not carried into a 2026 column.
IIT Delhi is ranked 4th, ahead of IIM Lucknow, IIM Mumbai and IIM Calcutta. IIM Kozhikode is 3rd, also ahead of IIM Calcutta, which sits at 7th. The order NIRF produces is not the order most readers expect, and it is not the order CD Score produces either.
| College Name | NIRF Management 2025 Rank | IIRF 2026 Rank | India Today 2026 Rank | CD Rank |
|---|---|---|---|---|
| IIM Ahmedabad | 1 | 1 | 1 | 1 |
| IIM Bangalore | 2 | 3 | - | 3 |
| IIM Kozhikode | 3 | 7 | - | 6 |
| IIT Delhi DMS | 4 | 14 | - | 10 |
| IIM Lucknow | 5 | 5 | 3 | 4 |
| IIM Mumbai | 6 | 10 | - | 8 |
| IIM Calcutta | 7 | 2 | 2 | 2 |
| IIM Indore | 8 | 6 | 5 | 7 |
| IIT Kharagpur VGSoM | 12 | 16 | - | 12 |
| IIT Madras DoMS | 13 | - | - | 16 |
| IIT Bombay SJMSOM | 14 | - | - | 9 |
| IIM Raipur | 15 | - | - | 15 |
| IIM Tiruchirappalli | 16 | - | - | 17 |
| IIFT Kolkata | 17 | - | - | 14 |
| IIM Ranchi | 18 | - | - | 21 |
Ques. Which government MBA college is ranked first by NIRF 2025?
Ans. IIM Ahmedabad is ranked 1st in NIRF Management 2025, followed by IIM Bangalore at 2nd and IIM Kozhikode at 3rd. IIT Delhi is 4th, the highest-ranked non-IIM, ahead of IIM Lucknow at 5th, IIM Mumbai at 6th, and IIM Calcutta at 7th.
Ques. Why is FMS Delhi not in the NIRF ranking?
Ans. FMS Delhi does not submit a filing to the NIRF Management category and has not done so in 2023, 2024 or 2025. Its absence is a matter of participation, not performance. The "FMS ranked 2nd" figure that circulates online comes from IIRF, a privately published ranking, and should not be read as an NIRF position.
Government MBA Colleges in India: Admission 2026
CAT 2026 Key Dates
CAT is the entrance route for every IIM and every IIT in the top 30. Admission offers go out from March 2027.
Admit Card
6 Nov 2026
Exam Date
29 Nov 2026
Result
Jan 2027, first week
Shortlist & WAT-PI
Feb to Apr 2027
Admission to a government MBA college in India runs on an entrance exam, a shortlist and a personal interview. CAT is the widest door, accepted by 266 of the 758 government MBA colleges, and it is the only route into every IIM and every IIT in the top 30. The state exams matter more than their numbers suggest, because they govern admission to government colleges within a single state and face far smaller applicant pools.
| Entrance Exam | No. of Colleges | Scope |
|---|---|---|
| CAT | 266 | All IIMs, all IITs, FMS, IIFT, Delhi University departments |
| MAT | 148 | State and central universities, four cycles a year |
| CMAT | 141 | AICTE-approved government institutes |
| CUET PG | 75 | Central universities |
| XAT | 74 | Accepted alongside CAT at several institutes |
| GMAT | 73 | Mainly executive and international-track programmes |
| TANCET | 40 | Tamil Nadu government colleges |
| ATMA | 34 | AICTE-approved institutes, multiple cycles |
| MAH MBA CET | 29 | Maharashtra, including JBIMS |
| Karnataka PGCET | 28 | Karnataka government colleges |
| AP ICET | 22 | Andhra Pradesh government colleges |
| TS ICET | 19 | Telangana government colleges |
| OJEE | 13 | Odisha government colleges |
JBIMS Mumbai does not accept CAT at all
It is the one college in this top 30 that admits only through MAH MBA/MMS CET, the Maharashtra state exam. A candidate with a 99 percentile in CAT cannot apply there on that score, while JBIMS still posts a 27.00 LPA median and an 80.00 LPA maximum.
Ques. How do I get admission into a government MBA college in India?
Ans. Take CAT if you are targeting an IIM, an IIT, FMS Delhi, IIFT or a Delhi University department, since all of them shortlist on it. Sit your state CET as well if a government college in your state suits you, because state pools are far smaller than the national one. After the result, each institute publishes its own shortlist and runs a written test and personal interview. Final selection weighs the CAT score, academic record, work experience and interview performance, and at several institutes the CAT score is worth half the final total or less.
Ques. Can I get into a government MBA college without CAT?
Ans. Yes. Of the 758 government MBA colleges in India, 266 accept CAT, which leaves most of the list open to other exams.
| Entrance Exam | No. of Colleges |
|---|---|
| MAT | 148 |
| CMAT | 141 |
| CUET PG | 75 |
| XAT | 74 |
| TANCET | 40 |
| MAH CET | 29 |
| Karnataka PGCET | 28 |
JBIMS Mumbai, one of the strongest colleges in the top 30, admits only through MAH MBA CET and does not accept CAT at all.
Ques. Is work experience required for a government MBA in India?
Ans. No. The two-year flagship MBA and PGP programmes in the top 30 admit freshers, and at several institutes freshers are the largest single group. IIT Delhi's 2023-25 batch was 35% freshers. Work experience earns points in the final selection score at most IIMs rather than acting as a gate. The executive MBA is the programme that requires it, and 104 government colleges in India offer one.
Government MBA Colleges in India FAQs
Ques. Which government MBA college gives the best value for money in India?
Ans. The Department of Financial Studies at Delhi University, at a fee of 99,640 against a median package of 15.25 LPA, a return of 1530.51%. FMS Delhi is second at 1133.72% and JBIMS Mumbai third at 324.13%. The seven best-value government MBA colleges in India are all outside the IIM system, and the best IIM, IIM Lucknow, ranks eighth at 144.58%.
Ques. Is a government MBA better than a private MBA in India?
Ans. On cost, clearly. Seven government colleges in the top 30 charge under 10 Lakh for two years and three Delhi University departments charge under 1.20 Lakh, prices no private college matches at comparable placements. On placements, the picture is mixed. The strongest private schools place comparably to the mid-tier IIMs, and several newer IIMs return less than their own fee. The honest comparison is college by college, college by college on fees against the median, not government against private as categories.
Ques. How much does a government MBA cost in India?
Ans. Among the top 30 government MBA colleges in India, the total two-year fee starts at 99,640 for DFS Delhi and reaches 28.10 Lakh at IIM Bangalore. The IIMs cluster tightly between 20.03 Lakh and 28.10 Lakh. The IITs sit lower, between 7.64 Lakh at IIT Kanpur and 17.30 Lakh at IIT Bombay. The three Delhi University departments are the cheapest in the country at between 99,640 and 1.15 Lakh.
Ques. Which government MBA college has the best placements in India?
Ans. IIM Mumbai posts the highest median package at 33.00 LPA, followed by IIM Bangalore at 32.50 LPA and IIM Ahmedabad at 31.00 LPA. In its own 2024-26 report, IIM Calcutta is higher still at 35.00 LPA, and it also recorded the largest single offer among the top 30, a domestic CTC of 1.45 Crore. The median is the more useful figure, because it describes what the middle of a batch earns rather than what one graduate earned.
Ques. Do all government MBA colleges in India accept CAT?
Ans. No. Of the 758 government MBA colleges in India, 266 accept CAT. MAT is accepted by 148, CMAT by 141, CUET PG by 75 and XAT by 74. State exams cover a large share of the rest, including TANCET for 40 colleges, MAH MBA CET for 29 and Karnataka PGCET for 28. Every IIM and every IIT in the top 30 shortlists on CAT, but JBIMS Mumbai admits only through MAH MBA CET.
Ques. Can I do an MBA from a government college without work experience?
Ans. Yes. The two-year flagship MBA and PGP programmes in the top 30 admit freshers, and at several institutes freshers form the largest group in the batch. Work experience adds points to the final selection score at most IIMs rather than acting as an entry requirement. If you want a programme that requires work experience, the executive MBA is the one to look at, and 104 government colleges in India offer it.
Ques. Are there government MBA colleges for girls in India?
Ans. Yes, 27 government MBA and PGDM colleges in India admit women only.
| College Name | Total Course Fees | Programme |
|---|---|---|
| Ethiraj College for Women, Chennai | 4.02 Lakh | MBA |
| SNDT Women's University, Mumbai | 3.53 Lakh | MBA HRM |
| SNDT Women's University, Pune | 2.27 Lakh | MBA |
| Maharanis Arts and Science College for Women, Mysore | 1.28 Lakh | MBA |
| SPMVV Tirupati | 1.04 Lakh | MBA Retail Management |
Fees in this group start at 2,152 at Sri Meenakshi Government Arts College for Women, Madurai.
Ques. Can I do a government MBA online in India?
Ans. Five government colleges in India offer an online MBA.
| College Name | Total Course Fees | Programme |
|---|---|---|
| IIM Lucknow | 14.95 Lakh | Blended Post Graduate Programme |
| IIM Mumbai | 15.00 Lakh | Blended Post Graduate Programme |
| DDU Gorakhpur CDOE | 62,500 | MBA Advertising & Branding |
| Mizoram University | 56,690 | MBA Data Analytics |
| NLU Delhi | 16,000 | PG Diploma Environmental Management |
The two IIM programmes are blended rather than fully online, and cost roughly twenty times the other three.
Ques. What is the difference between a qualifying CAT percentile and a closing percentile?
Ans. A qualifying percentile is the minimum at which an institute will consider an application. A closing percentile is the level at which admission actually ends, once all applicants are ranked. Government institutes publish the first and rarely the second. IIM Rohtak states that meeting the minimum does not ensure a personal interview call. The four Joint Admission Process IIMs state that actual cutoffs may be much higher than the published minimums. Treat every published figure as a floor.
Ques. Which government MBA colleges are the cheapest in India?
Ans. The Department of Financial Studies at Delhi University is the cheapest government MBA college in the top 30 at 99,640 for the full two years.
| College Name | Total Course Fees | Median Package |
|---|---|---|
| DFS Delhi | 99,640 | 15.25 LPA |
| DBE Delhi | 1.01 Lakh | - |
| DSE New Delhi | 1.15 Lakh | - |
| FMS Delhi | 2.61 Lakh | 29.59 LPA |
| IISc Bangalore | 5.79 Lakh | - |
Across all 758 government MBA colleges in India, the floor is far lower, with several state colleges charging under 50,000.
Ques. Is IIM Calcutta better than IIM Bangalore for an MBA?
Ans. They differ on different measures. IIM Calcutta scores 959 on CD Score against IIM Bangalore's 958, and reported a 1.45 Crore maximum in 2024-26 where IIM Bangalore publishes no maximum at all. IIM Bangalore ranks 2nd in NIRF Management 2025 against IIM Calcutta's 7th, and posts a higher NIRF median of 32.50 LPA against 30.00 LPA. On IIM Calcutta's own 2024-26 report, its median has since risen to 35.00 LPA. Fees are close, at 28.10 Lakh and 27.00 Lakh.
Ques. Which government MBA college has the highest CAT cutoff?
Ans. IIM Rohtak has the highest General qualifying minimum among government MBA colleges in India at the 97th percentile in CAT.
| College Name | CAT Cutoff (General) | Median Package |
|---|---|---|
| IIM Rohtak | 97 CAT %ile | 19.27 LPA |
| IIM Ahmedabad | 95 CAT %ile | 31.00 LPA |
| IIM Nagpur | 95 CAT %ile | 16.00 LPA |
| IIM Udaipur | 94 CAT %ile | 18.00 LPA |
| IIM Lucknow | 90 CAT %ile | 30.00 LPA |
IIM Rohtak applies its 97th percentile to the aggregate percentile with no sectional requirement, and states that meeting it does not guarantee an interview call.




2026





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