XLRI Jamshedpur India’s oldest private B-school (est. 1949) and the conductor of the XAT exam, XLRI is best known for its HR and consulting specializations, with average packages in the ₹29–31 LPA range. FMS Delhi The best-kept secret in Indian management education. FMS Delhi delivers an average package above ₹34 LPA against a total program fee of just around ₹2 lakh — arguably the best ROI of any B-school in the country.