Life post-MBA from top B-Schools such as FMS, XLRI, MDI, NITIE, JBIMS, and SP Jain for most people is comfortable, because of decent pay packages and perks. Most alumni of these institutes are placed in companies and sectors of their choice. Here are the recent placement highlights for these institutes.
Institute | Average CTC (in INR) | Highest CTC (in INR) |
FMS | 32.4 LPA | 58 LPA |
XLRI | 30.78 LPA | 60+ LPA |
MDI | 26.07 LPA | 1.14 CPA |
NITIE | 25.41 LPA | 49 LPA |
SP Jain | 26.06 LPA | 46.65 LPA |
JBIMS | 27.63 LPA | 42 LPA |
Achieving a work-life balance can be difficult. However, doing MBA from these institutes will certainly teach you how to handle the pressure of professional life.
Spending two crucial years of your life at any of these top business schools will definitely shape you as a person. These are highly reputed colleges in India for business studies. NIRF has ranked FMS, XLRI, MDI, NITIE, SP Jain 35th, 9th, 10th, and 18th respectively for management studies in India, 2020. JBIMS is ranked 23 for MBA by India Today 2019.
Prospects After MBA:
Most of these graduates are placed in reputed companies with an alluring salary.
Few students even opt for a Ph.D. The brand name of these colleges has even helped many to land up in their desired universities abroad.
Many students also opt for MS /second MBA program at Universities like Stanford, Kellogg, etc
On the work front responsibilities may vary as few opt for startups where they have to focus both on strategizing and executing.
Before generalizing the post-grad life let's look into a few notable alumni and their achievements of each institute.
FMS:
Mahesh Verma - VC at GGSIPU
Harit Nagpal - MD and CEO, Tata sky LTD
Anupama verma- Actress
XLRI:
Xlri has an alumni network of 15,000 strength considering it as one of the oldest B-Schools in India.
B Muthuraman- Vice-chairman, Tata steel
Sandeep Bakshi -CEO and MD, ICICI Bank
MDI:
B Ashok - chairman at Indian oil corporation ltd
Vikas Bajaj - Joint MD, Bajaj motors
Vani Gupta Randi - MD, PepsiCo India
NITIE:
B Prasada Rao - CMD, BHEL
D M Reddy - CEO, Subros
Dev Bhattacharya - GEP, Aditya Birla Group
SP Jain:
Debjani Ghosh- MD, South Asia Intel
Indrajit Gupta - Founding editor, Forbes India
Rajesh Jejurikar- CEO, Mahindra & Mahindra
JBIMS:
It also has a huge alumni network at top positions in reputed MNCs.
Uday Kotak- Founder, MD, CEO of Kotak Mahindra Bank
Ajay Piramal - Chairman, Piramal healthcare
These are a few of the prospects and what the alumni of these institutes are engaged in after completing their MBA. Even though the majority of the post-MBA stories at these institutes seem flashy and appealing one must not neglect the failure or not so successful stories.
Ultimately It's not only the Institute or brand name but what you choose for your life and how passionate you are in it matters.