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These 10 MBA colleges bagged the highest packages in 2023 placement drive


Top MBA Placements: The Common Admission Test (CAT), a highly competitive and nationally recognized entrance exam, serves as a gateway to India’s prestigious MBA programmes. CAT assesses a candidate’s problem-solving abilities, data interpretation, quantitative skills, and more. With the CAT exam scheduled for November 26, 2023, students are gearing up for a rigorous evaluation that could lead them to the country’s top MBA colleges.
CAT features three sections: Verbal Ability and Reading Comprehension (VARC), Data Interpretation and Logical Reasoning (DILR), and Quantitative Ability (QA).Each section tests distinct skills and contributes to the overall CAT score. The exam is conducted in computer-based mode, allowing candidates to navigate through the sections at their own pace within a specified time frame.
For aspiring MBA students, CAT scores hold significant weight in securing admissions to prestigious institutions. Among them, the Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore, and IIM Calcutta stand out as coveted destinations for management education. In the recently concluded placement season, these institutes offered remarkable average placement packages of Rs 34.36 LPA, Rs 35.3 LPA, and Rs 35.07 LPA, respectively.
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Other prominent institutions, such as the Indian Institute of Management Lucknow (Rs 32.2 LPA) and the Indian Institute of Technology Bombay (Rs 30.35 LPA), are also known for their high-quality management programmes and exceptional placement packages. The SP Jain Institute of Management & Research, with an average placement of Rs 33.02 LPA, further underscores the significance of CAT scores in pursuing a rewarding MBA career.
As students prepare for the CAT exam, they aim to secure places in these prestigious institutions, with the expectation of lucrative placements. The placement packages offered by these top MBA colleges reflect the promising prospects that await candidates who clear the CAT exam with flying colours.
Average Placement Packages in 2023 for Leading MBA Colleges in India

S. No. College Name MBA Average Placements 2023
1 Indian Institute of Management Ahmedabad Rs 34.36 LPA
2 Indian Institute of Management Bangalore Rs 35.3 LPA
3 Indian Institute of Management Calcutta Rs 35.07 LPA
4 Indian Institute of Management Lucknow Rs 32.2 LPA
5 Indian Institute of Technology Madras Rs 20.19 LPA
6 Indian Institute of Technology, Bombay Rs 30.35 LPA
7 Indian Institute of Technology, Kharagpur Rs 22.13 LPA
8 Indian Institute of Management Rohtak Rs 18.73 LPA
9 Indian Institute of Technology, Roorkee Rs 18.34 LPA
10 S. P. Jain Institute of Management & Research Rs 33.02 LPA

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