How do SPJIMR, MDI, IIFT, IIM Indore, IIM Shillong, JBIMS, NMIMS, and SIBM Pune rank against each other?
Across SPJIMR, MDI, IIFT, IIM Indore, IIM Shillong, JBIMS, NMIMS, and SIBM Pune, the rankings depend on specific criteria. For placement averages: SPJIMR leads, followed by MDI and IIFT.
For fee-to-placement ratio: JBIMS leads dramatically.
For IIM brand: IIM Indore and IIM Shillong have the family brand advantage.
Headline Placement Averages
| Institute | 2024 avg package | Total fees |
|---|---|---|
| SPJIMR Mumbai | Rs 33 LPA | Rs 21L |
| JBIMS Mumbai | Rs 30 LPA | Rs 7L |
| MDI Gurgaon | Rs 26 LPA | Rs 23.6L |
| IIM Indore | Rs 26 LPA | Rs 21L |
| IIFT Delhi | Rs 25 LPA | Rs 21L |
| NMIMS Mumbai | Rs 20 to 22 LPA | Rs 22L |
| IIM Shillong | Rs 17 to 20 LPA | Rs 16L |
| SIBM Pune | Rs 17 LPA | Rs 24L |
SPJIMR leads on absolute averages. JBIMS leads dramatically on ROI math.
By Specific Function
For consulting: SPJIMR, MDI, IIM Indore lead. JBIMS has Mumbai-based consulting access.
For marketing and FMCG: SPJIMR, NMIMS Mumbai, MDI Gurgaon lead.
For finance and BFSI: JBIMS Mumbai (exceptional ROI), SPJIMR, MDI Gurgaon, IIFT Delhi.
For international business: IIFT Delhi has the specific specialisation.
For sustainability: IIM Shillong has distinctive positioning.
For analytics and technology: IIM Indore has built specific recruiter relationships.
By Brand Recognition
IIM family brand: IIM Indore, IIM Shillong. Long-term compounding effect.
Established tier-1 non-IIM brand: SPJIMR, MDI Gurgaon, IIFT Delhi, XLRI (not in this list).
Specific regional and function brands: JBIMS Mumbai (BFSI strong), NMIMS Mumbai (consumer marketing strong), SIBM Pune (Symbiosis network).
Decision Frame by Priority
For highest placement averages with broad function access: SPJIMR Mumbai.
For best ROI math (fee-to-placement): JBIMS Mumbai.
For NCR location with broad management: MDI Gurgaon.
For IIM brand at moderate cost: IIM Indore or IIM Shillong.
For international business specialisation: IIFT Delhi.
Note
The rankings shift based on specific career intent and personal factors. For broad management aspirations and headline outcomes: SPJIMR, JBIMS, MDI lead.
For specific function focus: align with school strengths.
For IIM brand preference: IIM Indore or IIM Shillong. For function-specific comparison, compare colleges. For profile-specific shortlist estimates, run an eligibility match.
Pro Tip
Most redditors observe that JBIMS Mumbai is underdiscussed in aspirant forums relative to its actual fee-to-placement ratio (Rs 30 LPA at Rs 7L fees is exceptional). The Day MBA format and Maharashtra State domicile sensitivity affect appeal for non-Maharashtra candidates, but for Maharashtra candidates or those willing to live in Mumbai, JBIMS often produces the strongest practical outcome in this group despite lower aspirant attention.