Faculty Salaries Sr. No. Name of the institute Maximum (Rs. In Lakhs p.a.) Minimum (Rs. In Lakhs p.a.) 1 XLRI, Jamshedpur 27.2 4.2 2 IFMR, Chennai 21.0 6.0 3 IMI, New Delhi 16.1 3.6 4 MDI, Gurgaon 16.0 6.5 5 IMT, Ghaziabad 14.4 9.1 6 S.P. Jain Inst, Mumbai 13.8 4.2 7 NMIMS, Mumbai 10.1 3.0 8 ICFAI, Hyderabad 10.1 4.5 9 IHMR, Jaipur 8.7 4.5 10 SIES, Navi Mumbai 8.3 2.4 11 Alliance, Bangalore 7.2 3.0 12 BIM Tech., Greater Noida 7.2 2.3 13 Nirma Univ, Ahmedabad 7.1 3.4 14 T.A. Pai Inst, Manipal 6.9 3.6 15 IIFT, New Delhi 6.8 3.7 16 NITIE, Mumbai 6.7 5.1 17 IIMs 6.0 3.0