Here I’ve added list of High ROI MBA colleges you can target with CMAT Examination along with their fees and average package. Also I’ve added few more colleges in this list with direct admission and high ROI just in case CMAT didn’t go well.

List of Colleges with CMAT Exam:-

College (City)	Total Fees (Approx)	Average Package (Approx)	Notes
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai	₹6–7 L	₹26–28 LPA	One of India’s top CMAT/MH-CET colleges with strong finance/consulting placements.
Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE), Mumbai	₹1.3–1.5 L	₹15–16 LPA	Extremely high ROI due to low fees & solid placements.
Department of Management Sciences (PUMBA), Pune	₹1.3–4.4 L	₹8–10 LPA	Good value and steady placement growth.
Welingkar Institute of Management (WeSchool), Mumbai/Bengaluru	₹10–14 L	₹10–13 LPA	Strong industry connects & entrepreneurship focus.
Xavier Institute of Management and Entrepreneurship (XIME), Bengaluru	₹11–15 L	~₹14 LPA	Growing brand with decent placements.
Birla Institute of Management Technology (BIMTECH), Greater Noida	₹12–16 L	~₹11–12 LPA	Well-established private B-school.
IFMR Graduate School of Business (Krea University), Sri City	₹15–16 L	~₹12–13 LPA	Good industry placements and broad exam acceptance including CMAT.
National Institute of Bank Management (NIBM), Pune	~₹17.8 L	~₹14 LPA	Specialised PGDM (Banking & Financial Services).
National Insurance Academy (NIA), Pune	~₹12 L	~₹12.5 LPA	PGDM (equivalent to MBA), strong insurance-sector placements.
K. J. Somaiya Institute of Management, Mumbai	~₹18 L	~₹12–14 LPA	Private MBA with solid recruiter base.

MBA Colleges with Direct Admission and High ROI:-

City / State	College	Admission Mode (No CAT etc.)	Fees (₹ Lakh)	Avg Package (₹ LPA)	ROI / Student Review Summary
Delhi NCR	SOIL Institute of Management, Gurgaon	Profile + Interview	14–15	10–12	Strong leadership focus, good roles, small batch
Delhi NCR	NDIM – New Delhi Institute of Management	MAT / ATMA / Merit	10–12	8–10	Balanced ROI, solid Delhi internships
Delhi NCR	Jaipuria Institute of Management, Noida	MAT / CMAT / GMAT/ Direct	14–15	9–11	Stable placements, good alumni network
Delhi NCR	IBMR Business School, Gurgaon	Direct / Merit	6–8	5–7	Budget MBA, ROI depends on fee negotiation
Delhi NCR	IBA – Greater Noida	Direct / Merit	5–6	4–6	Low investment, average exposure
Delhi NCR	BML Munjal University (BMU)	Profile-based	15–18	9–11	Corporate-backed, good campus & faculty
Bangalore	RCM – Regional College of Management	MAT / KMAT / Direct	8–10	6–8	Improving placements, decent ROI
Bangalore	ISBR Business School	MAT / Direct	9–12	6–8	Good exposure, mixed faculty reviews
Bangalore	Alliance University	Direct / Profile-based	13–15	6–9	Strong infrastructure, mixed ROI
Mumbai	Amity University Mumbai	Direct / Merit	10–12	6–8	Average ROI, good facilities
Mumbai	JBIMS – Jamnalal Bajaj	MAH-CET only	6–7	20–22	Top ROI in India (no CAT needed)
Mumbai	UBS – Universal Business School	Profile-based / Direct	12–15	8–10	Corporate exposure, decent outcomes
West Bengal	MDI Murshidabad	Profile-based (CAT not mandatory)	15–18	10–12	Growing brand, strong academics
West Bengal	Praxis Business School	GMAT / Direct	10–12	8–9	Strong analytics & consulting focus
Chennai	VIT Business School	Merit / Direct	7–9	6–8	Good ROI for fees, solid brand
Chennai	St. Joseph’s Institute of Management	Merit / Direct	6–8	5–7	Disciplined culture, consistent placements
Chennai	SRM Institute of Management	Merit / Direct	8–10	6–8	Brand recognition helps locally