DoMS IIT Madras is the best option for MBA. The management faculty of the institute are highly experienced. Faculty-student ratio is 1:7. Other than faculties there are also TAs to help you with any problems. Due to the small batch size, every student gets the required attention from faculties. 

IIT Madras MBA placements have been pretty good over the years. During the 2022 placement drive, a total of 61 students received placement offers. The average CTC was INR 16.66 LPA. For the top 10% of students, the average CTC was INR 21.62 LPA. While the highest CTC offered was INR 25.30 LPA. IBM, Zycus, Amazon, etc. were the major recruiters that visited the placement drive. 

GLIM, GIM, FORE, and LIBA offer general MBAs. So, you can your preferred specialization during your second year. This will give you a lot of freedom in terms of choosing your industry and job profile. All of these are good options. FORE has a great industry interface. Located in Delhi/NCR, it also enjoys a locational advantage. 

Your preference order for these four B-School should be - FORE=GIM>GLIM>LIBA. 

NIBM is a sectoral B-School, so choose it only if you are interested in joining the banking sector. Though IIFM isn’t a sectoral B-School, it is only known for its finance specialization. It is also rated below FORE, GIM, GLIM, and LIBA. 

TAPMI is the best among these institutes. If you are among the top 100 students, you can get good placement packages. TAPMI placement report for last year reveals that the top 100 students received an average CTC of around INR 14.6 LPA. The job profiles and exposure offered at the institute are comparable to top management institutes in the country. 

You can keep Grate Lakes as your second preference. Both campuses of Grate Lakes offers decent placement opportunities to students. During the 2022 placement, the average CTC stood around INR 11 LPA for the institute. 

LIBA and NIRMA University aren’t in the same league as TAPMI and Grate Lakes.