NIRF Ranking 2026: Top 10 Management Colleges in India with Highest Median Salaries

Which management college in India offers the highest median salaries? It majorly depends on the institution's brand reputation and the industry's demand. However, candidates can still ensure the highest median salary by looking at the top 10 list shared below. Top institutions like IIM Ahmedabad and IIM Mumbai are top in the list. Find out the complete list shared in the article.

Sep 24, 2026, 13:57 IST
NIRF Ranking 2026: Top 10 Management Colleges in India with Highest Median Salaries
NIRF Ranking 2026: Top 10 Management Colleges in India with Highest Median Salaries

NIRF Ranking 2026: Checking which management colleges offers the Highest median salary is directly linked to the brand reputation and perception of the institute across the industry. The National Institutional Ranking Framework (NIRF) decides that by analyzing each university/college based on five parameters. Among them, Perception and Graduation Outcomes offers a clear insight into which colleges brings high return on investment. The Top 10 Management Colleges in India with Highest Median Salaries includes names like IIM Ahemdabad, IIM Mumbai, IIM Bangalore etc. 

In this shared list of top management institutes, career successes are ultimately defined by placement scores, as median salaries at starting positions reflect the great mission, thorough studies, and high trust of the employers in these educational institutions.

Check| NIRF 2026 SDG Ranking: Top Institutes Driving Sustainable Development

NIRF 2026: Overview 

The NIRF 2026 is expected to release by this month. Meanwhile, students must check the NIRF 2026 latest updates, and other relevant details provided below. 

Particulars 
Description
Release Date 
Expected in September
Official Website 
www.nirfindia.org
Parameters 
Institutions/Colleges/Universities are judged in these five parameters: 

1. Teaching, Learning & Resources (TLR) 30% weight
2. Research and Professional Practice (RP) 30% weight
3. Graduation Outcomes (GO) 20% weight
4. Outreach and Inclusivity (OI) 10% weight
5. Perception (PR) 10% weight
Top Ranking Institutes 2025
Releasing Body
Ministry of Education
Number of Categories
Total of 17 categories includes 9 institutional categories and 8 development goals (SDGs). 

1. Institutional Categories: Overall, Universities, Colleges, Research Institutions, Innovation, Open Universities, State Public Universities, Skill Universities, and Sustainable Development Goals

2. Development Goals (SDGs): Engineering, Management, Pharmacy, Law, Medical, Architecture & Planning, Dental, and Agriculture & Allied Sectors.
Total NIRF Applicants in 2025
611693 

Check| NIRF Ranking 2026: These Colleges Saw Major Changes in Rankings Over 5 Years

NIRF Rankings 2026: Top 10 MBA Colleges in India

Given below is a list of the top 10 MBA colleges in India. IIM Ahmedabad, topping the list, holding the top NIRF Ranking in the management category, offers a total of 31 LPA median salary. While IIM Bangalore gets a little advantage here with median salary (LPA) 32.50. IIM Mumbai is also in the list offering the highest median salary, 33 LPA, while holding 6th NIRF ranking. 

NIRF Ranking 
College Name
Location
Median Salary (LPA)
1
Ahmedabad, Gujarat
31 LPA
2
Bengaluru, Karnataka
32.50 LPA
3
Kozhikode, Kerala
27 LPA
4
New Delhi, Delhi
22.05 LPA
5
Lucknow, Uttar Pradesh
30 LPA
6
Mumbai, Maharashtra
33 LPA
7
Kolkata, West Bengal
30 LPA
8
Indore, Madhya Pradesh
25.50 LPA
9
Gurugram, Haryana
26.13 LPA
10
Jamshedpur, Jharkhand
28 LPA

Which MBA is the cheapest?

Typically in India, the cheapest MBA course is offered by the central and state universities. The government universities offer management courses at subsidized fees, as low as INR 1 lakhs to INR 2.5 Lakhs. However, it does not compromise the placement rate. 

  • The universities, such as The Financial Studies Department (DFS) under Delhi University charges about ₹98,000 for the two-year program. While Tata Institute of Social Sciences (TISS), Mumbai charges around ₹1.4 lakhs. 

  • The Faculty of Management Studies programs at Delhi University, is one of the affordable and popular choice for students to pursue MBA program. The fees ranges to ₹2.43 lakhs total while also offering good return on investment. 

  • The Department of Management Sciences (PUMBA), Pune University also offers an affordable full-time MBA for around ₹2.5 lakhs. 

  • For full-time MBA courses, there are also distance-learning programs offered by IGNOU which costs around ₹56,000 and many more such institutions providing similar services.

Also Check| 

Jaya Gupta

Executive - Editorial

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