Table of Contents
Tier 1 Colleges in India for MBA: Synopsis
What are Tier 1 Colleges in India for MBA? The Tier 1 Colleges in India for MBA in simple language are the best management or business schools (B-schools) in the country. These institutes come in the top MBA colleges in India, hence are the best to pursue a Business management course.
There is a variety of reasons why these institutes stand out to be the best MBA colleges in India. Well obviously, they have some exceptional settings that several other best MBA colleges in India lack. One of the first among these are best faculty access. These top colleges in India for MBA hire the best faculty in the MBA field for their institution which makes them highly exceptional. The faculties in these top MBA colleges are highly qualified and exceptional in their fields. Some of these faculties are also passed out from the top MBA colleges in the world, hence they prove to be great exposure for their students to world-class practice. Not only this, the faculties in these Tier 1 MBA Colleges in India with a good network among the MBA institutes worldwide as well as the industry, is like a treasure for the students. The kind of exposure students receive from such top faculty is unparallel. Hence, these Tier 1 Colleges in India for MBA are unmatched in what they do. They have the advantage of the best faculty team which makes their MBA programs among the best.
Another reason for the Tier 1 Colleges in India to be the best for MBA is the best facilities provided by the institution. As some of these Tier 1 Colleges in India for MBA are publicly funded institutions, they provide the best facilities at minimal cost to the students. This factor makes these Top Tier 1 Colleges in India for MBA the best choice among students. Not only the teaching and lab, but the accommodation facilities are among the best provided by these Tier 1 Colleges in India for MBA to its students, which makes a lot of students flock to this institution.
Another reason for a B-school to be among the Tier 1 Colleges in India for MBA is the placement offered by the institution and college networking. As these Tier 1 Colleges in India for MBA are most reputed in the management field and are venerated among the corporations and firms in the industry, the students who graduated from these Tier 1 Colleges in India for MBA naturally become the most attractive candidates to be get hired. Some of the companies specifically mention the preference for students from the top Tier 1 MBA Colleges in India. Hence, this makes the degree of these top Tier 1 MBA Colleges worthwhile to have on one’s resume.
Why opt for Tier 1 Colleges in India for MBA? So now if we compile in the short concise points on why opt for Tier 1 Colleges in India for MBA, that would be:
- The best faculty access
- These teaching and lab facilities provided
- Best accommodation facilities
- Top Placement packages
- Best industry access
- Remarkable industry reputation
Well, all of these don’t come at any price and we aren’t talking about in monetary terms here. Admission into these Tier 1 Colleges in India for MBA is through highly competitive and cross-cutting entrance examinations. There are plenty of entrance exams to get into many of these Tier 1 Colleges in India for an MBA. Some of the most notable and famous entrance exams are CAT, XAT, CMAT, SNAP, MAT, MAH-CET, and GMAT.
These are what students must have commonly heard about regarding the entrance to Tier 1 Colleges in India for MBA. The coaching for these MBA entrance exams goes out throughout the year. Students can find a coaching center that best suits their needs to get into these Tier 1 Colleges in India for MBA. But also, sincere self-study efforts cannot be neglected. Those students who are sincere and committed to their MBA entrance examination may not need to visit a coaching center at all and can clear the exam all by themself. This can possibly be the case if one has very good time management skills. MBA is all about time management in the first place!
Also, there are a lot of students who mix up the meaning of applying for an MBA entrance exam and applying for a B-School. There is a difference. By applying for certain exams, you are automatically applying for the top colleges in India for MBA such as CAT for IIMs, IIFT for its namesake, XAT for XLRI, and many more. Most of them select candidates on the basis of common entrance exams like CAT, XAT, CMAT, SNAP, MAT, MAH-CET, and GMAT, so the candidates do not have to appear for a separate exam. This is small difference students must keep in mind while applying for MBA colleges in India.
With all being discussed about the Tier 1 Colleges in India for MBA. Let us look at what all the following articles shall cover. The article that follows shall further cover the list of Tier 1 Colleges in India for MBA, then you shall also have the list of Tier 1 Private MBA colleges in India, such as
The article then further has the list of Tier 1 Distance MBA colleges in India, some of which are
- NMIMS Global Access School for Continuing Education
- Symbiosis Centre for Distance Learning (SCDL)
- IMT-Centre for Distance Learning (IMT-CDL) Ghaziabad
Then separately we have described the Tier 1 Colleges in India for MBA 2021, 2022, 2023
Note: The NIRF list for Tier 1 Colleges in India for MBA 2023 hasn’t been released yet.
Following this, the article shall talk at great length about the Tier 1 Colleges in India for MBA, Course Details such as the admission process into the Tier 1 Colleges in India for MBA, the eligibility criteria, table for the various entrance exam for Tier 1 Colleges in India for MBA, job opportunities for the students completing their courses from Tier 1 Colleges in India for MBA, top recruiters for the Tier 1 Colleges in India for MBA, the salary of the candidates completing their degree from the Tier 1 Colleges in India for MBA.
Lastly, there is also an FAQ section at the end which one can consult for any additional query regarding the Tier 1 Colleges in India for MBA. If you have any further queries beyond this regarding the Tier 1 Colleges in India for MBA you can get in touch with us at Formfees and one of our consultant executives shall seek it.
With that being said, kindly follow forward.
Tier 1 Colleges in India for MBA: Colleges List
Below we have presented a list of the top Tier 1 Colleges in India for MBA, together with fee information and cut-offs. The Tier 1 Colleges in India for MBA mentioned below are not ranked, and the tuition information and cut-off may differ. Students should verify the information directly with each MBA program’s website before enrolling.
| Name of the Institute | Fees | Cut off |
|---|---|---|
| Indian Institute of Foreign Trade, New Delhi (IIFT) | 17.7 Lakhs | 122-124 |
| Jamnalal Bajaj Institute of Management Studies (JBIMS) | 6 Lakhs | 99.99 |
| Faculty of Management Studies, University of Delhi (FMS) | 2 Lakhs | 98 |
| National Institute of Industrial Engineering, Mumbai (NITIE) | 14.63 Lakhs | 97 |
| Management Development Institute, Gurgaon (MDI) | 21.34 Lakhs | 95 |
| Xavier School of Management, Jamshedpur (XLRI) | 16.8 Lakhs | 92 |
| Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM) | 10 Lakhs | 90 |
| Indian Institute of Management, Indore (IIM I) | 16.10 Lakhs | 90 |
| Indian Institute of Management, Lucknow (IIM L) | 19.25 Lakhs | 90 |
| Indian Institute of Management, Bangalore (IIM B) | 23 Lakhs | 85 |
| Indian Institute of Management, Calcutta (IIM C) | 23 Lakhs | 85 |
| Indian Institute of Management, Kozhikode (IIM K) | 20.5 Lakhs | 85 |
| Indian Institute of Management, Ahmedabad (IIMA) | 23 Lakhs | 80 |
| S. P. Jain Institute of Management and Research, Mumbai (SPJIMR) | 19 Lakhs | 85 |
| Indian School of Business, Hyderabad (ISB) | 39.63 Lakhs | N/A |
To get accepted to these Tier 1 Colleges in India for MBA, candidates must have a minimum of 50% aggregate in their bachelor’s degree and a valid score in the MBA entrance examinations. The majority of universities are already accepting applications, so interested students should check the universities’ websites to see what the application deadlines are.
Tier 1 Colleges in India for MBA: Private Colleges
Tier 1 Private MBA colleges in India- The top private MBA colleges in India are as good as the top MBA colleges in India. These colleges have a reputed name for themselves and it is worth it to pursue an MBA course from the best private MBA colleges in India if a candidate wishes.
As in the case of Tier 1 Private MBA colleges in India, the competition is very high. So, often several genuinely talented students cannot clear the exam, in those cases, rather than dropping their year off, many candidates prefer to pursue their degree from the Tier 1 Private MBA colleges in India.
These colleges have an equally good placement program as well as reputed faculty access along with great infrastructure facilities. For the list of Tier 1 Private MBA colleges in India and their average fee, have a look below:
| Name of the College | Average Fee & Seat Intake |
|---|---|
| XLRI | INR 27.40 lakh seats: 1500 |
| Management Development Institute (MDI) | INR 20.42 lakh seats: 720 |
| Symbiosis Institute of Business Management, (SIBM) Pune | INR 24.20 lakh seats: 300 |
| S.P. Jain Institute of Management and Research (SPJIMR) | INR 20.42 lakh Seats: 720 |
Tier 1 Colleges in India for MBA: Distance Education
Top 10 Distance Learning MBA Colleges in India- The Tier 1 Distance MBA colleges in India are different than the top Tier 1 Colleges in India for MBA. UGC has a separate recognition for distance education, and it is recognized and reputed equally. Hence, the institutions which provide these distance MBA programs are different than the regular colleges, hence this list of Tier 1 Distance MBA colleges in India is different. Students are requested to kindly pay attention and analyze the following colleges for the best distance education for MBA in India. For Tier 1 Distance MBA colleges in India, have a look below:
| Top Distance Education MBA College in India | Average Fee |
|---|---|
| Shiv Nadar University, Greater Noida Delhi NCR | Rs.400,000 |
| NMIMS Global Access School for Continuing Education | Rs. 144,000 |
| IMT-Centre for Distance Learning (IMT-CDL) Ghaziabad | Rs. 111,000 |
| Welingkar Institute of Management (WeSchool) | Rs. 101,000 |
| Symbiosis Centre for Distance Learning (SCDL) | Rs. 50,000 |
| Annamalai University, Tamilnadu | Rs. 39,400 |
| Indira Gandhi National Open University (IGNOU) | Rs. 37,800 |
Tier 1 Colleges in India for MBA: Top NIRF Ranked Colleges
Tier 1 Colleges in India for MBA 2021: The below Tier 1 Colleges in India for MBA 2021 has been prepared by the NIRF ranking as the top colleges in India for MBA. The NIRF is the government initiative to rank the higher education colleges in the country. The Tier 1 Colleges in India for MBA 2021 as per NIRF are given below:
| Name of the College | NIRF 2021 |
|---|---|
| Indian Institute of Management, (IIM) Ahmedabad | 1 |
| Indian Institute of Management, (IIM) Bangalore | 2 |
| Indian Institute of Management, (IIM) Calcutta | 3 |
| Indian Institute of Technology, (IIT) Delhi | 5 |
| Indian Institute of Management, (IIM) Kozhikode | 4 |
| Indian Institute of Management, (IIM) Lucknow | 7 |
| Indian Institute of Management, (IIM) Indore | 6 |
| Xavier School of Management (XLRI) | 8 |
| National Institute of Industrial Engineering, (NITIE) Mumbai | 12 |
| Indian Institute of Technology, (IIT) Madras | 13 |
Tier 1 Colleges in India for MBA 2022: The Tier 1 Colleges in India for MBA 2022 are determined by the NIRF ranking. The NIRF is a government program that ranks the nation's colleges of higher learning. The following list includes Tier 1 Colleges in India for MBA 2022 according to NIRF:
Tier 1 Colleges in India for MBA 2023: The list of Tier 1 Colleges in India for MBA 2023 has not been published yet. Aspiring MBA candidates can follow the NIRF official website for updated notifications or keep in touch with the Formfees page for the same.
What is NIRF? The National Institutional Ranking Framework (NIRF) is a government of India initiative to rank higher education institutions. The framework was launched in 2015 and has since become India's most credible and comprehensive ranking system for higher education institutions such as NIRF Tier 1 Colleges in India for MBA. These top MBA colleges in India NIRF ranking or ranking for any other course are usually based on a variety of criteria, including teaching, learning, resources, research and professional practices, graduation outcomes, outreach and inclusivity, and perception.
Latest NIRF Notification: The NIRF Ranking 2023 will be released on July 20, 2023, and it will help to build trust between Education Institutes and Students.
What are the benefits of NIRF ranking? Following the benefits of NIRF ranking:
- It also fosters a competitive environment among all of India's top universities and maintains the quality of education and learning atmosphere.
- It increases the number of campus placements for qualified students, which is the plus point of this system.
Tier 1 Colleges in India for MBA: Course Details
Some of the popular and commonly asked highlights about Tier 1 Colleges in India for MBA are given in the table below.
| Course Name | Tier 1 Colleges in India for MBA |
|---|---|
| Tier 1 Colleges in India for MBA Duration | 2 years (4 semesters or 6 trimesters) |
| Eligibility | Graduation in any discipline |
| Tier 1 Colleges in India for MBA Admission Process | Entrance test+GD+PI |
| Tier 1 Colleges in India for MBA Entrance Exams | CAT, XAT, NMAT, CMAT, SNAP, MAT, etc. |
| Tier 1 Colleges in India for MBA Fee | INR 12-15 Lakhs |
| Average Salary after the course | INR 10,00,000 |
| Top Recruiting companies | Google, Amazon, Microsoft, Facebook, Accenture, IBM, etc. |
Tier 1 Colleges in India for MBA: Admission Process
There are two modes to get admission to Tier 1 Colleges in India for MBA:
- Entrance exam
- Direct Admission based on merit basis or management quota basis
The process of admission to Tier 1 Colleges in India for an MBA can be broken down into the following steps:
- Registration and Applying for the Entrance exam: Registration on the given date or before is often missed by the students, resulting in they cannot appearing for the examination for Tier 1 Colleges in India for MBA. The important exam for MBA is CAT; can be registered on the official website iimcat.in. For other exams like NMAT, XAT, CMAT, and SNAP, the students have to register separately.
- Clearing the exam: Place your attendance in the examination hall. A lot of students miss the examination even after registration. Come with preparation and the intention of clearing the exam. Wait for the result.
- Wait for the Shortlisting Process: The shortlisting process for Tier 1 Colleges in India for MBA is done on the basis of the total number of students who appear for the exams and the number of seats available. The cutoff for Tier 1 Colleges in India for MBA for all colleges is then announced.
- Last Admission process stage - GD-PI-WAT Round: In admission for Tier 1 Colleges in India for MBA this round is for the group discussion and the personal interview. Both carry different weightage for the final result.
Tier 1 Colleges in India for MBA: Eligibility Criteria
The eligibility criteria for Tier 1 Colleges in India for MBA are provided below. The students are expected to go through the eligibility criteria vigilantly to avoid any mistakes in applying and pursuing the course Tier 1 Colleges in India for MBA.
- Students are expected to keep their graduation score up to 50%. Top colleges such as IIMs and IITs require at least 60% marks to apply for Tier 1 Colleges in India for MBA.
- Students belonging to the reserved categories such as OBC, SC, and ST in Tier 1 Colleges in India for MBA get 5% relaxation.
- The majority of MBA colleges allow their final-year students to apply for MBA admissions if the students can submit their provisional certificates from the college. Hence even final-year students can apply for Tier 1 Colleges in India for MBA.
Tier 1 Colleges in India for MBA: Entrance Exams
The various entrance exams to get into the top Tier 1 Colleges in India for MBA are as follows:
| Exam Name | Registration Dates for the Exam | Examination Dates |
|---|---|---|
| CAT 2023 | September 2023 third week | Nov 26, 2023 |
| XAT 2024 | November 30, 2023, | Jan 7, 2024, |
| SNAP 2023 | November 2023 third week | December 2023, 2nd/3rd-week |
| NMAT by GMAC 2023 | November 2023 last week | Oct to Dec 2023 |
| CMAT | December 26, 2022 – February 25, 2023 | 4 May 2023 |
| IIFT 2024 | November 2023 third week | December 2023 third week |
| IBSAT 2023 | November 2023 last week | December 2023 last week |
| TISSNET 2024 | Nov 2023 to Jan 2024 | February 2024, 2nd week |
Tier 1 Colleges in India for MBA: Job Opportunities
The table below discusses the job profile one can expect after doing a course from Tier 1 Colleges in India for MBA, along with their description and average salary offered.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Project Manager -IT Software | CTO (Chief Technology Officer) | 18 Lakhs |
| Program Manager | He/She provides strategic guidance to teams and project managers in ways that promote the company's culture. Also, oversee the progress of operations and develop efficient strategies and tactics. | 19 Lakhs |
| Information System Managers | Their job is to overlook the infrastructure of technical operations, eliminate security risks, and maintain operations and systems. | 20 Lakhs |
| CTO (Chief Technology Officers) | These officers are responsible for enhancing their company's development in the technological arena. Firms that deal with artificial intelligence, the Internet of Things, and cyber security are always in need of these positions. | 25 Lakhs |
| Information Technology Directors | He/She is responsible for the management, and execution of IT infrastructure for an organization. | 34 Lakhs |
Tier 1 Colleges in India for MBA: Top Recruiters
Who are the top recruiters for MBA? Here is a list of top recruiters for MBA graduates:
- Accenture
- Apple
- Disney
- ESPN
- Foxconn
- HP
- IBM
- Infosys
- L&T
- Microsoft
- TCS
- Wipro
Tier 1 Colleges in India MBA professionals can also find a career in a variety of options in Defense, Space agencies, and in the Automobile sector as well. Students are often looking forward to such opportunities to pursue a career in government sectors as well after doing a course from Tier 1 Colleges in India for MBA.
| Government Sector Enterprises | Indian Firms | Foreign Firms |
|---|---|---|
| BSNL | Infosys | Amazon |
| Indian Railways | Wipro | Apple |
| Indian Air Force | IBM | Brain & Company |
| ISRO | Accenture | BCG |
| Doordarshan | Tata Consultancy Services | Citigroup |
| Larsen & Toubro | Deloitte | |
| Goldman Sachs | ||
| JP Morgan | ||
| McKinsey | ||
| Morgan Stanley | ||
| Walt Disney |
Tier 1 Colleges in India for MBA: Salary
Students are often curious to know the average salary for various job titles expected after completion of their program from Tier 1 Colleges in India for MBA. Various job titles and their average salary is given below:
| Job Profiles | Average Salary |
|---|---|
| Project Manager | ₹1,455,051 |
| Senior Business Analyst | ₹987,801 |
| Business Analyst, Information Technology | ₹594,489 |
| Information Technology Manager | ₹1,242,095 |
| Project Manager, Information Technology | ₹1,459,771 |
| Senior Project Manager, Information Technology | ₹2,340,443 |
| Senior Software Engineer | ₹911,355 |
Frequently Asked Questions about Tier 1 Colleges in India for MBA
Below are the frequently asked questions about Tier 1 MBA Colleges in India. Have a look:
Q. Is a Tier 1 College in India for MBA worth it?
Ans. Yes, Tier 1 Colleges in India for MBA are definitely worth it. Depending on what you want to achieve, and which college you are going to. I would suggest do not go beyond the Tier 1 Colleges in India for MBA and top Tier-2 colleges. Choose the ones which charge decent fees (not insanely high), decent infrastructure, good faculty, good grooming and exposure, and good placements.
Q. What are the Tier 1 Colleges in India for MBA 2022?
Ans. The top 5 Tier 1 Colleges in India for MBA 2022 are
- Indian Institute of Management, (IIM) Ahmedabad
- Indian Institute of Management, (IIM) Bangalore
- Indian Institute of Management, (IIM) Calcutta
- Indian Institute of Technology, (IIT) Delhi
- Indian Institute of Management, (IIM) Kozhikode
Q. What is meant by Tier 1 Colleges in India for MBA?
Ans. Tier 1 Colleges in India for MBA are those that have the best: Academics, infrastructure, faculty, research, placements, alumni network, and national/international presence. They also have high NIRF/NAAC ratings. Tier 2 colleges are those that have middle-level facilities of the above parameters, and tier 3 colleges fall even behind tier 2.
Q. What is the list of Tier 1 Colleges in India for MBA according to TCS?
Ans. The list of Tier 1 Colleges in India for MBA includes IIMs, Great Lakes Institute of Management, XIMB, NITIE, and SP Jain. Tier 2 colleges consist of all the rest. Approximately 70 students are recruited every year from colleges in tier 1 and 240 from colleges in tier 2. The induction process is separate for both groups of students.
Q. Is Amity a Tier 1 College in India for MBA?
Ans. No, Amity University does not come under Tier 1 Colleges in India for MBA, it is one example of tier 3 colleges.
Q. Is XLRI a Tier 1 College in India for MBA?
Ans. Yes, XLRI is a Tier 1 College in India for MBA. It was ranked third in India by Business Today’s “India’s best B-schools 2019” and first in Outlook India’s “Top Private MBA Institutes” of 2020.
Q. Which MBA Colleges should you apply to?
Ans. You should apply to 5 Tier 1 Colleges in India for MBA above and 5 colleges below your caliber. You should always spread your risks. It is advised to not limit yourself to just a handful of colleges.
Q. What are the Tier 1 Colleges in India for MBA?
Ans. Some of the Tier 1 Colleges in India for MBA are:
- Faculty of Management Studies, University of Delhi (FMS)
- Indian Institute of Foreign Trade, New Delhi (IIFT)
- Indian Institute of Management, Ahmedabad (IIMA)
- Indian Institute of Management, Bangalore (IIM B)
- Indian Institute of Management, Calcutta (IIM C)
Q. Is BITS Pilani a Tier 1 College in India for MBA?
Ans. No, Bits Pilani hasn’t been included in the Tier 1 Colleges in India for MBA, but rather in the list of Tier 1 Engineering Colleges in India 2021 as per NIRF ranking ranks BITS Pilani as the top engineering college.
Q. Is the list for Tier 1 Colleges in India for MBA 2023 published yet?
Ans. No, the list of the Tier 1 Colleges in India for MBA 2023 has not been published yet. The NIRF has notified the list shall be made available by 23 July 2023.
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