The Department of Management Sciences (DoMS, formerly IME) offers MBA at IIT Kanpur. IIT Kanpur is one of the oldest and most renowned IITs, and it stands at 23rd position among the top Management colleges, as per the NIRF 2023 Ranking. I am an MBA student at IIT Kanpur, so I am eligible to answer this question.
Most MBA students on campus have converted XIMB, IMT G, IMI D, DSE, etc.; yet they chose IIT Kanpur over these institutions. The learning pedagogy at IIT Kanpur is really good, and corporate relations are also managed well.
ROI is an added advantage for MBA students at IIT Kanpur. The total fee is approximately INR 3.67 lakhs for a General Category and OBC student, and even less for an SC/ST category student (0 tuition fee for SC/ST/PH category).
In terms of placements, in 2023, the highest CTC was INR 24 LPA, the average CTC received by the top 50% of students was INR 22.20 LPA, and the median CTC was INR 17.25 LPA. The list of key recruiters included McKinsey & Company, Wells Fargo, Deloitte, PWC, HDFC Bank, and more. Even the lowest CTC was INR 12.41 LPA. You can refer to the Placement Report for more details.
I would highly recommend you join the MBA program at IIT Kanpur without any hesitation.