Is It worth to join B schools like IMT/IMI/XIMB whose fees are around 20 lakhs if I have calls from reputed government colleges on par with these?

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Suntonu Basu Posted On - Mar 13, 2023
Professor of Finance at Xavier Institute of Management, Bhubaneswar (2015-present)

Before I talk about the worth of private B Schools like IMT/IMI/XIMB, let’s consider their average packages.

B School

Average Package

IMT 

INR 17.35 LPA

IMI Delhi

INR 17.01 LPA

XIMB

INR 20 LPA

The average package of government colleges like IITs and DSE is slightly less around INR 10.57 LPA. So the point is if you are ready to invest a hefty amount in B Schools, you will not regret the decision as they are game changers. The level of exposure and diversity is almost higher than in Government colleges. IITs, DFS and DSE MBAs have a more theoretical approach than a practical one. However, the figures for private B schools are inflated so do consider the ups and downs.

  • IITs are best for operations and manufacturing industries
  • IMT or XIMB is a good option for Marketing
  • DFS or IMI are best suited for Finance
  • XIMB or DSE are best for HR

The final decision is up to you. Try to find what exactly you want from MBA

  • If you are looking for the IIT tag, then IIT
  • If you are after ROI or PhD then DSE or DFS
  • If you want to climb the corporate ladder, XIMB is the best

Make a well-informed decision after proper research.

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