Tier 1 MBA Colleges In India

This is your chance to study in some of the Tier 1 MBA Colleges In India for the session 2023-24, below we have listed all the information regarding the following list of Tier 1 mba colleges in india 2024. (Tier 1 Colleges Means: Highest-Ranked and most prestigious educational institutions in the country. And if you are an aspiring student who is ready to take your studies to the next level and study – MBA Tier 1 colleges in india then this article will help with all the necessary information possible like the Top MBA Colleges in India and as we know that there are over 3,500 MBA colleges in India, so choosing the right one can be a difficult task.

Admission to Tier 1 mba colleges in India, a typical program involves two steps. First, candidates must take national entrance exams. In the following stage, successful candidates will undergo a group discussion (GD) and a personal interview (PI). 

The Top Tier MBA Colleges in India encompass renowned establishments such as the 

1. Indian Institutes of Management (IIMs), 
2. Indian Institutes of Technology (IITs), 
3. Xavier School of Management (XLRI), 
4. S.P. Jain Institute of Management and Research (SPJIMR), among others. 

These List of Top Tier 1 MBA Colleges in India offer fantastic academic quality, diverse students from all over the world and faculty members, and the highest levels of placement opportunities in the Top MNCs and scholarship.   

List of Top Tier 1 MBA Colleges in India includes: 

1. IIM Ahmedabad
2. IIM Bangalore
3. IIM Calcutta
4. IIT Delhi
5. and XLRI are some top Tier 1 MBA Colleges in India. 

In the List of Top Tier 1 MBA Colleges in India Admission can only be done in these Tier 1 MBA Colleges through entrance exams like CAT, XAT, SNAP, etc. An aspiring candidate who wants to study in such a reputed institution must have a bachelor’s degree with a minimum of 50% Marks in any discipline. 

• And if we talk about the fees in Tier 1 Government MBA colleges range from INR 11,75,000 to INR 24,50,000. 
• MBA Fees in Tier 1 Private Colleges range from INR 5,00,000 to INR 36,29,000. 

These Tier 1 MBA colleges in India are also ranked in the top MBA Colleges in India. 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.

MBA Tier 1 Colleges in India - 

MBA Aspirants who are planning to opt for an MBA program should check the list of MBA Tier 1 Colleges in India, Courses, Cutoff, Fees

Below you will find the List of Top MBA Tier 1 Colleges in India along with their courses, cutoffs and fees. Formfees encourages you to contact us should you have any form-filling or admission-related queries. There are many Top Tier 1, Tier 2 and Tier 3 MBA Colleges that provide MBA programs, which usually last two years. And this article is all about the MBA Tier 1 Colleges in India.

In India there are more than 5000 MBA Colleges, but only a few are ranked among the NIRF Ranking and gets the tag "Tier 1 MBA Colleges in India".

What does Tier 1 MBA College mean?

The MBA Tier 1 Colleges in India are known to be the best among the rest of the business schools, these are the institutions that have a brilliant track record in terms of Placement, Faculty, Infrastructure, and presence on national and international platforms, and they also strengthen their alumni network.etc. 

Top MBA Institutes in India NIRF Ranking 2023 (MBA): Top 20 Management Institutes/Colleges in India

Rank	Top MBA Institutes in India 2023	State	Score
1	Indian Institute of Management Ahmedabad	Gujarat	83.2
2	Indian Institute of Management Bangalore	Karnataka	80.89
3	Indian Institute of Management Kozhikode	Kerala	76.48
4	Indian Institute of Management Calcutta	West Bengal	75.53
5	Indian Institute of Technology Delhi	Delhi	74.14
6	Indian Institute of Management Lucknow	Uttar Pradesh	74.11
7	National Institute of Industrial Engineering, Mumbai	Maharashtra	71.99
8	Indian Institute of Management Indore	Madhya Pradesh	71.95
9	XLRI-Xavier School of Management	Jharkhand	70.75
10	Indian Institute of Technology Bombay	Maharashtra	68.11
11	Indian Institute of Management Raipur	Chhattisgarh	66.18
12	Indian Institute of Management Rohtak	Haryana	65.88
13	Management Development Institute	Haryana	64.88
14	Indian Institute of Technology Kharagpur	West Bengal	63.92
15	Indian Institute of Technology Madras	Tamil Nadu	62.83
16	Indian Institute of Management Udaipur	Rajasthan	62.78
17	Symbiosis Institute of Business Management	Maharashtra	62.74
18	Indian Institute of Technology Roorkee	Uttarakhand	62.14
19	Indian Institute of Management Kashipur	Uttarakhand	61.07
20	S.P. Jain Institute of Management & Research	Maharashtra	60.91

List of Top Tier 1 Colleges in India Courses, Fees 2024-2025:-

All Tier 1 Colleges in India follow the same admissions process like the CAT Entrance Exam. Check The Courses offered in these Top Tier 1 Colleges. 

S. No.	Tier 1 MBA Colleges	Courses	Fees (in Rs)
1	Indian Institute of Management(IIM) Ahmedabad	MBA, Executive MBA	INR. 24,61,000
2	Indian Institute of Management (IIM) Bangalore	MBA, PGDM	INR. 24,50,000
3	Indian Institute of Management (IIM) Kozhikode	MBA, PGDM	INR. 20,50,000
4	Indian Institute of Management (IIM) Calcutta	MBA, PGDM	INR. 27,00,000
5	Indian Institute of Technology (IIT) Delhi	MBA	INR. 11,20,000
6	Indian Institute of Management (IIM) Indore	MBA, PGDM	INR. 21,14,222
7	Xavier School of Management (XLRI), Jamshedpur	MBA, PGDM	INR. 12,90,000
8	National Institute of Industrial   Engineering, Mumbai	MBA, PGDM	INR. 7,03,000
9	Indian Institute of Technology  (IIT) Bombay	MBA	INR. 4,91,000

Tier 1 Government MBA Colleges in India 2024

Here is a list of top Tier 1 Government MBA Colleges in India 2024 with course fees and cut-off.

S.No.	College	Fees	Cut Off
1	IIM Ahmedabad	INR 24,61,000	99
2	IIM Bangalore	INR 24,50,000	99
3	IIM Calcutta	INR 27,00,000	99
4	IIT Delhi	INR 10,40,000	90
5	IIM Kozhikode	INR 20,50,000	97
6	IIM Indore	INR 21,14,222	90
7	XLRI Xavier School of Management	INR 12,90,000	92
8	IIM Mumbai	INR 7,03,000	97
9	IIT Kharagpur	INR 6,45,000	90
10	IIM Ranchi	INR 8,95,000	94
11	IIM Rohtak	INR 9,90,000	95
12	IIM Trichy	INR 19,50,000	94
13	IIT Roorkee	INR 4,84,500	95
14	IIM Udaipur	INR 9,40,000	92
15	IIM Shillong	INR 14,60,000	94

Tier 1 Private MBA Colleges in India 2024

top Tier 1 Private MBA Colleges in India 2024 along with their fees and cut-off details.

S.No.	College	Fees	Cut Off
1	MDI Gurgaon	INR 23,47,400	95
2	SIBM Pune	INR 13,49,000	97
3	IMI Delhi	INR 9,55,290	90
4	Institute of Management Technology Ghaziabad	INR 19,53,000	90
5	PSG College of Technology	INR 20,500	98
6	IMT Hyderabad	INR 6,03,000	90
7	Jaipuria Institute of Management, Ghaziabad	INR 4,00,000	90
8	SIBM Bangalore	INR 9,65,000	90
9	Jamnalal Bajaj Institute of Management Studies, Mumbai	INR 3,50,000	96
	GIBS Business School, Bangalore	INR 8,25,000	99

Tier 1 Colleges in India: Eligibility Criteria 2024-2025

All Tier 1 management institutions in India follow the same admissions approach. The following are the entrance requirements for Tier 1 colleges:-

• Aspirants need to have a minimum of 50% in their bachelor’s degree from a recognized university. And additionally, the Aspirants need to take the Common Admission Test (CAT).
• Aspirants with the highest percentiles around 95%+ in entrance tests will be selected for these Tier 1 Institutes and Shortlisted candidates are called for several rounds, such as Personal Interview (PI), Group Discussion (GD), and Counseling.
• Aspirants who passed through all of the rounds will secure a spot to post-graduate programs at tier 1 MBA institutions.

Top Tier 1, Tier 2 and Tier 3 MBA Colleges in India Entrance Exams & Important Dates 2024-2025

Exam Name(Tentative)	Registration Begins	Registration End	Exam Dates
CAT 2023	Aug 2, 2023	September 13, 2023	November 26, 2023
XAT 2024	July 15, 2023	November 30, 2023	January 7, 2024
NMAT 2023	Aug 1, 2023	October 10, 2023	Oct 10 to Dec 19, 2023
SNAP	Aug 23, 2023	November 23, 2023	Dec 10, 17 & 22, 2023
TISSNET 2024	Dec 14, 2023	January 5, 2024	February 15, 2024
CMAT 2024	Feb, 2024	March 2024	Expected in May

Tier 1 MBA Colleges In India 2023 (Private) 

How to Get into the Top 10 Tier 1 MBA Colleges in India (Private)? 

The article consists of all the important information including the Top 10 Tier 1 MBA Colleges in India as we know in order to get into these particular Colleges we should have answered the question “ How to Get into the Top 10 Tier 1 MBA Colleges in india? “ below we have listed the Top 10 Tier 1 MBA Colleges in India into 2 groups private and Government MBA Colleges in India

India has a total of more than 2900 private MBA institutions. On occasion, a comparison is made between them and the Indian Institutes of Management (IIM). As one engages in the preparatory phase for the forthcoming MBA admissions season in India, it is probable that they are pursuing a compilation of educational institutions worthy of contemplation. A comprehensive compilation of the Top 10 Tier 1 MBA Colleges in India (Private) has been undertaken in response to the proliferation of accessible educational establishments. 

Attending private business schools may be financially burdensome, necessitating students to exercise fiscal prudence in order to get admission into a reputable institution for pursuing their Master of Business Administration (MBA) degree. 

The majority of Tier 1 MBA Colleges in India typically admit students based on national-level admission tests such as CAT and GMAT, among others. Additionally, several private institutions administer their own entrance exams.

The list below is as per the Top Private MBA Colleges in India (NOT arranged Tier-wise)

The article gives all the important information about the Tier 1 MBA Colleges in India, and we have also listed some of the top Private MBA Colleges in India. 

The number of top private MBA colleges is about 63. Top private MBA colleges in India accept exams such as CAT, ATMA, XAT, and MAT. Some of the best MBA private colleges in India include XLRI, MDI, and Symbiosis Institute of Business Management. In the NIRF ranking 2023, Xavier School of Management (XLRI) emerged as the top-ranked private MBA college in India. 

Below is a list of some of the Top Private MBA Colleges in India in 2023.

• As a result of the ranking shift from rank 8 to rank 9 in 2023, the Xavier School of Management (XLRI) decreased its ranking from rank 8 to rank 9 in 2023.
• As compared to rank 25 in 2022, SVKM's Narsee Monjee Institute of Management Studies shifted to rank 21 in 2023.

Check out the top Tier 1 Private MBA Colleges in India 2023 along with fees and cut-off details.

College	Fees	Cut Off
GIBS Business School, Bangalore	INR 8,25,000	99
IMI Delhi	INR 9,55,290	90
IMT Hyderabad	INR 6,03,000	90
Institute of Management Technology Ghaziabad	INR 19,53,000	90
Jaipuria Institute of Management, Ghaziabad	INR 4,00,000	90
Jamnalal Bajaj Institute of Management Studies, Mumbai	INR 3,50,000	96
MDI Gurgaon	INR 23,47,400	95
PSG College of Technology	INR 20,500	98
SIBM Bangalore	INR 9,65,000	90
SIBM Pune	INR 13,49,000	97

Top 10 Tier 1 MBA Colleges In India 

The list consists of the Top 10 MBA Colleges in India 2023 (Private), as per the rankings 

S.No	Name of the college
1	Xavier Labour Relations Institute (XLRI), Jamshedpur
2	Management Development Institute (MDI), Gurgaon
3	Symbiosis Institute of Business Management, Pune
4	S P Jain Institute of Management & Research (SPJIMR), Mumbai
5	Symbiosis Centre For Management & Human Resource Development (SCMHRD), Pune
6	Institute of Management Technology (IMT), Ghaziabad
7	T A Pai Management Institute (TAPMI), Manipal
8	MICA, Ahmedabad
9	NMIMS School of Business Management, Mumbai
10	Xavier Institute of Management, XIM University, Bhubaneswar

MBA Tier 1 Colleges In India

Below is a list of the top tier 1 MBA colleges in India, together with fee information and cut-offs. The top MBA colleges 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.

Institute	Fees	Cut off
Faculty of Management Studies, University of Delhi (FMS)	2 Lakhs	98
Indian Institute of Foreign Trade, New Delhi (IIFT)	17.7 Lakhs	122-124
Indian Institute of Management, Ahmedabad (IIM A)	23 Lakhs	80
Indian Institute of Management, Bangalore (IIM B)	23 Lakhs	85
Indian Institute of Management, Calcutta (IIM C)	23 Lakhs	85
Indian Institute of Management, Indore (IIM I)	16.10 Lakhs	90
Indian Institute of Management, Kozhikode (IIM K)	20.5 Lakhs	85
Indian Institute of Management, Lucknow (IIM L)	19.25 Lakhs	90
Indian School of Business, Hyderabad (ISB)	39.63 Lakhs	N/A
Jamnalal Bajaj Institute of Management Studies (JBIMS)	6 Lakhs	99.99
Management Development Institute, Gurgaon (MDI)	21.34 Lakhs	95
National Institute of Industrial Engineering, Mumbai (NITIE)	14.63 Lakhs	97
Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)	10 Lakhs	90
S. P. Jain Institute of Management and Research, Mumbai (SPJIMR)	19 Lakhs	85
Xavier School of Management, Jamshedpur (XLRI)	16.8 Lakhs	92

To get accepted to these tier 1 MBA Colleges, 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.

Colleges have been classified into three tiers namely Tier 1, Tier 2, and Tier 3.

Top Private MBA Colleges In India NIRF Ranking 2023

The NIRF rankings are published annually based on the data obtained by the framework. Five criteria are used to rank and rate institutions: graduation rate, research, professional practices, teaching and learning resources, and reputation.

It is one of the top 10 private MBA colleges in India. 

The best private MBA colleges in India, according to NIRF 2023, are listed below:

College Name	NIRF 2023
Xavier School of Management (XLRI)	9
Management Development Institute (MDI)	13
Symbiosis Institute of Business Management	17
S. P. Jain Institute of Management & Research	20
SVKM's Narsee Monjee Institute of Management Studies	21
Amity University	28
International Management Institute, New Delhi	34
Great Lakes Institute of Management	31
ICFAI Foundation for Higher Education, Hyderabad	40
Lovely Professional University (LPU)	32

Top Private MBA Colleges In India

Tabulated below is the list of best private MBA colleges in India along with fees & eligibility criteria:

Top Private MBA Colleges In India	Total Tuition Fee/Seat Intake	Entrance Exam/Eligibility
Xavier School of Management Admission	INR 27.40 lakh Seats: 1,080	Entrance Exams: CAT, XAT, GMAT Class 12 with 50% aggregate
Management Development Institute Admission	INR 27.40 lakh Seats: 1,080	Entrance Exam: CAT Class 12 with 50% aggregate
Symbiosis International Pune Admission	INR 20.42 lakh Seats: 720	Entrance Exam: SNAP Class 12 with 50% aggregate
S P Jain Institute of Management and Research Mumbai Admission	INR 24.70 lakh Seats: 420	Entrance Exam: CAT Class 12 with 50% aggregate

People Also Ask - 

Q. What career opportunities are available after earning an MBA?

Ans. Some popular job profiles that aspirants can pursue after completing MBA course are listed below: 

1. Project Manager. 
2. Business Development Executive/ Manager. 
3. Product Manager. 
4. Marketing Manager. 
5. Analytics Manager. 
6. System Manager. 
7. Data Processing Manager. 
8. Business Analyst.

Q. Which is the best field for an MBA?

Ans. Finance, Entrepreneurship, Marketing, Operations, and International Business are some of the best-paid MBA specialities.

Q. Can I pursue an MBA after finishing high school?

Ans. The Integrated MBA program is a dual degree program that combines undergraduate and graduate studies. Simply described, it is a combined BBA/BMS/BBM Plus MBA program. It is often a five-year program that begins after you complete your 12th grade.

Q. Is the Master’s program difficult?

Ans. MBA programs are difficult to complete but not impossible. Many prospective students wonder if an MBA is too challenging for a typical student. The simple answer is "most likely not." But, as you'll certainly discover during your MBA program, your attitude accounts for more than half of your professional performance.

Q. What exactly is an MBA in finance?

Ans. Students will learn how to analyze corporate reports, estimate economic trends, take actions to optimize stock value, choose investment portfolios, and balance risk and profitability in this course.

Q. Which is superior, an MBA or a PGDM?

Ans. MBA and PGDM are both business-focused programs. The major goal of these courses is to prepare those who desire to advance in their careers or enter the management area.

Q. Is a distant MBA recognized in India?

Ans. Yes, a remote MBA is a respectable degree that is also UGC-DEB accredited. It offers several work chances in the marketing field.

Q. What are the job opportunities after MBA?

Ans. Types of Jobs that an MBA graduate can expect after an MBA in India are -

1. Investment banking 
2. Private equity, venture capital, and investment management 
3. Management consulting 
4. Marketing 
5. Product management 
6. Project management and program management.

Q. What are the core subjects in an MBA course?

Ans. The list of Core MBA Subjects is given below 

1. Accounting and Financial Management 
2. Business Economics 
3. Corporate Finance
4. Human Resource Management 
5. Leadership and Entrepreneurship
6. Management of Change
7. Management Theory and Practice
8. Managing for Sustainability

MBA Admissions in Tier 2 and Tier 3 Colleges: Eligibility Criteria

Management students strive to gain admission into the best B-School of their preference. However, sometimes things don’t happen according to plan. Candidates need to remain optimistic despite these negatives. There are a lot of MBA Schools in India that provide world-class management training and outstanding opportunities for placement. If you’re not able to attend the school you want to attend, begin seeking out the next most suitable option. There are over 3500 MBA schools in India which means that choosing the most suitable one is a challenging task. Tier 2 Schools in India are worthy of consideration as well as Tier 1. schools which are highly ranked in India.

The top-tier colleges in India are equipped with modern infrastructure. Some are affordable and also have excellent faculty and a place-making cell. A few of the private Tier two MBA institutes also have exchange programs with universities from abroad. These institutions are also in the top 50 according to the MBA institute ranking in order. They usually select applicants using the most common entrance tests like the CAT, XAT, CMAT, SNAP MAH-CET, MAT GMAT and MAH-CET, therefore applicants do not need to take a separate test.

Many students mix with the idea of taking an exam and applying to the B-School. There’s a distinction. If you are applying for specific exams you automatically apply to colleges as well, like CAT for IIMs, IIFT for its namesake, XAT for XLRI, and so on.

Another alternative is to apply to a private school that accepts CAT/GMAT scores however, these applications are different. There’s a different application procedure for these institutions that are different from CAT and XAT, for instance. There are many things to be addressed such as different deadlines for fees, deadlines, and the programs that you can apply for.

Therefore, in order to make the situation more clear, this blog post examines the best MBA schools in India but without going into specifics such as cut-offs or fees, CTCs, etc. The list includes a description of colleges as well as a brief explanation of how one can choose which schools to submit an application to.

Colleges are classified into three different tiers, which are Tier 1 and Tier 2 as well as Tier 3.

The criteria for eligibility to MBA Level 2 or MBA Tier 3 colleges is the only requirement for being admitted. The minimum requirements for eligibility are listed below:

• The applicant must have passed a qualifying exam at the undergraduate level.
• Candidates must earn their bachelor's degree at an institution that is accredited through the University Grants Commission.
• The minimum marks for the exam were the last qualifying test should be 55- 60%.

MBA Admission in Tier 2 and Tier 3 Colleges 2022: Admission Process

Admission to many universities is based on previous experience or Bachelor/Diploma level scores. entrance exams are conducted by a handful of universities. They are and are followed by a merit screening procedure.

Below is a step-by-step procedure for admission to Tier 2 and Tier three MBA Colleges:

• Candidates must apply for the exam given following the fulfillment of the eligibility requirements.
• After the entrance test is completed The institute will announce the result and then release the cut-offs.
• Following the clearing of the cut-off of the test, a provisional merits list is announced which will comprise the shortlisted candidates. be called for verification of documents following the admission announcement.
• Candidates may also receive merit-based admissions based on the marks earned in the Bachelor's degree.
• The candidate with the highest percentage or aggregate mark and who is ranked higher on the merit list is preferred.
• In the same way, following the confirmation of documents as well as a small interview, applicants are admitted.

Top 40 Tier 2 MBA Institutes

Here’s a list of some of the popular MBA colleges to consider while planning a career in management.

Institute Name	MBA Course Offered	Entrance Exam Expected Cut-offs
K. J. Somaiya Institute of Management Studies and Research, Mumbai	PGDM	CAT: 90 percentile, CMAT: 187 marks
Institute of Rural Management Anand, Anand	PGP in Rural Management	CAT: 80 percentile
Symbiosis Institute of International Business (SIIB)	MBA (International Business)	SNAP: 98 percentile
T. A. Pai Management Institute, Manipal (TAPMI)	PGDM	CAT: 80 percentile GMAT: 650 marks XAT: 80 percentile
Symbiosis Institute of Business Management, Bangalore	MBA	SNAP: 95 percentile
International Management Institute (IMI), Delhi	PGDM	CAT: 90 percentile
Great Lakes Institute of Management, Chennai	PGDM	CAT: 90 percentile CMAT: 90 percentile GMAT: 600 marks XAT: 90 percentile
Indian Institute of Management (IIM) Ranchi	PGDM	CAT: 90 percentile
Institute of Management, Nirma University	MBA	CAT: 80 percentile
Indian Institute of Management (IIM) Raipur	PGP	CAT: 90 percentile
Indian Institute of Management (IIM) Tiruchirappalli	PGP	CAT: 97.16 percentile
Indian Institute of Management (IIM) Rohtak	PGP	CAT: 85 percentile
Indian Institute of Management (IIM) Udaipur	PGP	CAT: 90 percentile
Goa Institute of Management (GIM), Goa	PGDM	CAT: 90 percentile CMAT: 198 percentile XAT: 76.48 percentile
Indian Institute of Technology Madras (IIT Madras), Chennai	MBA	CAT: 96 percentile
Xavier Institute Of Management & Entrepreneurship, Bangalore	PGDM	CAT: 60 percentile CMAT: 85 percentile MAT: 60 percentile
Symbiosis Institute of Media and Communication, Bangalore	MBA	SNAP: 60 percentile
Banaras Hindu University	MBA	CAT: 84 percentile
Institute for Financial Management and Research (IFMR), Chennai	PGDM	CAT: 80 percentile CMAT: 70 percentile XAT: 85 percentile
Institute of Management Technology (Nagpur)	PGDM	CAT: 90 percentile
University Business School (UBS), Panjab University, Chandigarh	MBA	CAT: 88 percentile
Indian Institute of Forest Management (IIFM), Bhopal	PG Diploma (Forest Management)	CAT: 75.7 percentile
National Institute of Technology, Tiruchirappalli	MBA	CAT: 83 percentile

Best Books for Practicing for the Entrance for MBA

Books	Author
GMAT Official Guide 2021: Book + Online Question Bank	GMAC
Barron's GMAT Math Workbook	Ender Markal
Complete Guide for MAT and Other MBA Entrance Exams	Disha Experts
How to Prepare for Quantitative Aptitude for the CAT	Arun Sharma

MBA Admissions In Tier 2 and Tier 3 Colleges: Tips to Get the Best College

• Candidates must fulfill the minimum eligibility criteria of having minimum aggregate marks of 55%-60% in their UG degree.
• Candidates should sort their college of preference on the basis of the topics taught in Curriculum, Faculty, Placement, Fee and Location.
• After choosing the top five colleges, aspirants need to regularly check the notification on the website of the following college.
• The process is very basic: Registration, Application Fill Up, and Payment of fee.
• Documents mentioned should be noted and uploaded accordingly with proper file size, and format.
• Focused strategic preparation according to the syllabus will surely help the candidate to clear the cut-off.
• To clear the GD round or Interview, aspirants need to brush up on the basic concepts of Business and Ethics and revise the trends and innovations in the last few months.
• Finally after clearing the interview candidates will be called for counseling in order to get admitted to their desired institute.

Tier 2 MBA Colleges In India

There are good placement opportunities at MBA tier 2 colleges in India. In tier 2 MBA colleges in India, placement averages range between INR 10 lakhs per annum and 20 lakhs per annum. Which are the top MBA colleges in India? In this post, you will find the latest information on the best B-Schools and the last dates to apply for their courses.

Check out this article for a detailed overview of the different MBA Entrance Exams and their deadlines!  By keeping track of important dates, you can decide which one to write and aim for.

The two terms are often confused by students when they apply for exams or B-Schools. There is a difference between them. Certain exams automatically apply you to certain colleges, such as CAT for IIMs, IIFT for its namesake, XAT for XLRI, etc.

Furthermore, many other private institutions also accept CAT/GMAT scores, but their applications are quite different. The application process for these institutes is different from applying for CAT or XAT, for example. They have separate deadlines, fees, programs to apply for, and many other things to take care of.

Thus, for the sake of clarity, this blog article discusses the Top MBA Colleges in India, without getting into details like cut-offs, fees, CTCs, etc. On this page, you will find a list of colleges and a short note on how one should select a college to apply to. Below we have listed Tier 1 2 3 MBA colleges in India along with many other details.

MBA Admission in Tier 2 and Tier 3 Colleges 2022: Entrance Exams

Some of the popular entrance examinations for MBA Admission in Tier 2 and Tier 3 Colleges are mentioned below:

Exams	Registration Starts	Exam Dates	Result Date
CAT	August 5, 2021	September 5, 2021, to September 6, 2021	January 5, 2022 (tentative)
MAT	December 28, 2021	To be Released	To be Released
XAT	August 10, 2021	January 2, 2022	Last week of January 2022
SNAP	August 31, 2021	December 19, 2021 January 08, 2022 January 16, 2022	February 1, 2022
OJEE	To be Released	To be Released	To be Released
UPCET	April 1, 2021	September 5, 2021 to September 6, 2021	September 30, 2021
TANCET	To be Released	To be Released	To be Released
NMAT	August 3, 2021 to November 10, 2021	October 14 to December 27, 2021	To be Released

Top MBA Colleges In India – 2020 – Tiers and Important Deadlines

What are the Top MBA Colleges in India? Find out the latest information on the Best B-Schools and the last dates to apply for their courses in this post.

Check out this article for a detailed outline of the various MBA Entrance Exams as well as information regarding the deadlines!

You can use it to decide which exam to write, as well as stay on top of important dates. I get this question quite often. A lot of students confuse the meaning of applying for the exam with applying to a B-School.

Differences exist. In some cases, applying for an exam automatically entails applying for colleges, such as CAT for IIMs, IIFT for its namesake, XAT for XLRI, etc. There are also many other private institutions that accept CAT/GMAT scores, but their applications are separate. The application process for these institutes is different from applying for CAT or XAT, for example. 

They have separate deadlines, fees, programs to apply for and many other things to take care of. Hence, to make things clearer, this blog article discusses the top MBA colleges in India, without getting into details such as the cut-offs, fees, CTCs, etc. You will find a list of colleges and a short note on how 

Top MBA Colleges – Tier 1

Among the top B-Schools in the country, these institutes are considered to be top-notch. In terms of brand value and quality of education, they have consistently been ranked in the top 15 B-Schools in India. It is very difficult to get into these B-Schools (don’t let that deter you! ) To be considered for admission you must be in the top 1% or 2%. 

The following list consists of a good mix of Top IIMs and Private B-Schools.

• Faculty of Management Studies, University of Delhi (FMS)
• Indian Institute of Foreign Trade, New Delhi (IIFT)
• Indian Institute of Management, Ahmedabad (IIM A)
• Indian Institute of Management, Bangalore (IIM B)
• Indian Institute of Management, Calcutta (IIM C)
• Indian Institute of Management, Indore (IIM I)
• Indian Institute of Management, Kozhikode (IIM K)
• Indian Institute of Management, Lucknow (IIM L)
• Indian School of Business, Hyderabad (ISB)
• Jamnalal Bajaj Institute of Management Studies (JBIMS)
• Management Development Institute, Gurgaon (MDI)
• National Institute of Industrial Engineering, Mumbai (NITIE)
• Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)
• S. P. Jain Institute of Management and Research, Mumbai (SPJIMR)
• Xavier School of Management, Jamshedpur (XLRI)

Tier 2 MBA Colleges In India 2021

Tier 2 institutes, which have established a name for themselves and have had consistent placement records, are next in line. In terms of rankings, these institutes are in the second tier (15 to 30). A few of the institutes are newly established and promising. 

For anyone interested in an MBA at an established B-School, these schools are still a very good option.

• Department of Management Studies, IISc, Bangalore
• Department of Management Studies, IIT Delhi
• Department of Management Studies IIT Madras
• Indian Institute of Management, Kashipur
• Indian Institute of Management, Raipur
• Indian Institute of Management, Ranchi
• Indian Institute of Management, Rohtak
• Indian Institute of Management, Shillong
• Indian Institute of Management, Trichy
• Indian Institute of Management, Udaipur
• Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)
• PGDBA – IIM Calcutta, IIT Kharagpur, ISI Kolkata*
• Symbiosis Centre for Management and Human Resource Development, Pune (SCMHRD)
• Symbiosis Institute of Business Management, Pune (SIBM)
• Tata Institute of Social Sciences, Mumbai (TISS)
• Vinod Gupta School of Management, IIT Kharagpur (VGSOM)
• Xavier Institute of Management (XIMB), Bhubaneswar

Tier 3 MBA Colleges In India

Colleges in the third tier are also excellent. These are still great places to learn and build a career. Do make an informed decision before you decide to join. 

Some of the colleges in this list have a fantastic return on investment.

• Department of Financial Studies (DFS), University of Delhi
• Department of Management Studies, IIT Roorkee
• Delhi School of Economics (DSE), University of Delhi
• Goa Institute Of Management, Goa (GIM)
• Great Lakes Institute of Management, Chennai (GLIM)
• Indian Institute of Management, Amritsar
• Indian Institute of Management, Bodh Gaya
• Indian Institute of Management, Jammu
• Indian Institute of Management, Nagpur
• Indian Institute of Management, Sambalpur
• Indian Institute of Management, Sirmaur
• Indian Institute of Management, Visakhapatnam
• Industrial and Management Engineering, IIT Kanpur
• International Management Institute, New Delhi (IMI)
• Institute of Management Technology, Ghaziabad (IMT)
• Institute of Rural Management, Anand (IRMA)
• K. J. Somaiya Institute of Management Studies and Research, Mumbai (KJSOM)
• Mudra Institute of Communications, Ahmedabad (MICA)
• T. A. Pai Management Institute, Manipal (TAPM
• Welingkar Institute of Management, Mumbai (We-B)

Is It Worth Doing MBA from Tier 2 Colleges?

Yes, depending on what you want to achieve, and which college you are going to. I would suggest do not go beyond the 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.

List Of Tier 1 and Tier 2 MBA Colleges In India

Top MBA Colleges – Tier 1

• Faculty of Management Studies, University of Delhi (FMS)
• Indian Institute of Foreign Trade, New Delhi (IIFT)
• Indian Institute of Management, Ahmedabad (IIM A)
• Indian Institute of Management, Bangalore (IIM B)
• Indian Institute of Management, Calcutta (IIM C)

What are Tier 2 Colleges in India?

Tier-II Colleges

• IIT Bangalore
• IIT Delhi
• IGDTUW
• NIT Calicut
• IITM Gwalior
• IIT Lucknow

How Affordable Is Studying MBA in India?

The following pie chart shows that pursuing an MBA in India from top-rated colleges is reasonably priced. However, the Top 10 MBA Colleges in India charge high fees. Over 63 percent of colleges in India charge less than Rs 10 lakh per year for their courses. These colleges include:

• IIT Kanpur
• DMS IIT Delhi
• IIT Roorkee
• DoMS IIT Madras
• SJMSOM IIT Bombay
• IIT Kharagpur

Around 31 percent of MBA colleges charge fees between Rs 10 and 20 lakhs. Some of these colleges are:

• IIM Lucknow
• IIM Udaipur
• IIM Raipur
• IIM Ranchi
• IIM Indore

The average MBA college fee structure is Rs 20 lakh or more in around 6 percent of the colleges. Some of these colleges are:

• IIM Ahmedabad
• IIM Bangalore
• IIM Calcutta
• MDI Gurgaon
• XLRI, Jamshedpur
• XIM Bhubaneswar

Here are some of the additional details regarding the Top MBA Colleges in India: Cutoff

The Top MBA Colleges in India offer admission to candidates on the basis of entrance exam cutoffs. The college cutoff ranges between 95 to 100 at Top MBA Colleges in India. Check the below table for the average admission cutoff percentiles of Top 10 MBA Colleges in India, ranked by NIRF.

College Name	College Cutoff
IIM Bangalore Cutoff	99-100 percentile
IIM Ahmedabad Cutoff	98-99 percentile
IIM Calcutta Cutoff	98-99 percentile
IIM Lucknow Cutoff	98-99 percentile
IIT Kharagpur Cutoff	90-95 percentile
IIM Kozhikode Cutoff	95-98 percentile
IIM Indore Cutoff	95-98 percentile
IIT Delhi Cutoff	90-95 percentile
XLRI Jamshedpur Cutoff	92-94 percentile
MDI Gurgaon Cutoff	94-98 percentile

What are Tier 1 MBA Colleges in India?

Tier 1 MBA Colleges are considered to be the top B-schools in India and are categorized as Tier-1 MBA Colleges. Tier 1 colleges 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

Find the best Tier 2 MBA Colleges in India here in this article.

What are Tier 1 and Tier 2 MBA Colleges?

Tier 1 and Tier 2 MBA Colleges in India: These schools have an enviable reputation for innovative research, high academic standards as well as a diverse student body, and the highest level of creativity, innovation and scholarship. They have an admissions rate of less than 10 percent. That means that only 10% of the hundred who apply are accepted. They require academic proficiency as well as outstanding extracurricular activities however, they are the only requirements to be taken into consideration.

They are among the most difficult colleges to be accepted into however that doesn’t mean they’re not accessible to everyone. Actually, they are open for all pupils, even those who have the best academic qualifications. This does not mean it is impossible to get into top schools is not possible What we mean by not being attainable is that competition is extremely high and the chances of being accepted into these institutions are, consequently smaller. This should not be taken as to be a guarantee.

What is Meant by Tier 2 Colleges in India?

Tier 2 Colleges: These colleges are those which are not as greatly established as the Tier 1 colleges, but that doesn’t mean you can’t have brilliant people studying there. Each year these colleges have a reputation to maintain. These institutes majorly lack resources and student power.

Tier 2 Though not as high as tier 1 schools, these institutions are nevertheless quite difficult. They typically have acceptance rates that are less than 20 percent. Although they are subject to the same academic and extracurricular requirements, However, the number of students who apply is lower so that every qualified student has a higher chance of getting accepted.

Tier 2 b-schools in contrast are considered to be elite schools. Highly skilled students should think about these schools as potential targets and the majority of students should view them as attainable schools However, applying to them is not always a good idea. They are often less well-known as tier-one schools, however, they’re not less difficult academically.

What’s the Main Difference in Tier 1 and 2 Business Schools?

The Tier 1 schools are famous for their cutting-edge research, excellence in academics and diverse student body, and high levels of innovation, creativity, and academic excellence. Tier 2 schools are, however, they’re more challenging but not as difficult as tier 1 colleges. They often have acceptance rates of less than one-quarter of one percent. Even though they share the same academic and extracurricular requirements there are fewer applicants. Therefore, every eligible child is more likely to get accepted.

Is Tier 1 or 2 Better?

Schools may be divided into two classes however, this is an effective way for students to figure out if tier 1 or 2 is the best choice for them. 

It’s important to keep in mind that these levels aren’t intended to suggest that one school is better than another or that you have to be enrolled in a top school to succeed in your career. 

Instead, they show the difficulties it takes to gain admission to a particular institution based on admissions requirements and also which students stand the greatest chance of being accepted admitted to which college according to their academic capabilities.

MBA Colleges Tier Wise

Best Tier 3 MBA Colleges in India

These are mostly big colleges and few companies paying high-paying jobs visit but you need to be the top performer in your college to grab that.

Colleges:

1. Ramaiah Institute of Technology, Bengaluru
2. TIET/Thapar University
3. Manipal Main Campus
4. VIT Vellore
5. SRM Main Campus
6. KIIT, Bhubaneswar
7. Amity University

Few decent-paying companies will be visiting the campus but you need to be the top performer in your college to grab that.

Colleges:

1. BMS College, Bangalore
2. PES University, Bangalore
3. USIT, Delhi
4. MAIT, Delhi
5. MSIT, Delhi
6. Dayanand College of Engineering, Bangalore
7. Heritage Institute of Technology, Kolkata
8. IEM, Kolkata
9. Techno India, Kolkata
10. Jaypee, Noida
11. Amrita University, Coimbatore
12. Cummins College of Engineering for Women, Pune

Best Tier 4 Colleges

Pick up any college based on fees, city, proximity to home, lifestyle, etc.

These schools are not famous and include many smaller private schools or state-sponsored research universities. They have admissions rates above 35% and may be treated as target or safety schools by most students. You are on your own. 

Take guidance from people in the colleges in Tier-I or II and follow it.

• Do not even rely on the college to help you get a job.
• You would have to work hard to get a job.
• You would have to work extremely hard to get a high-paying job.

So, what do we think about tier 1, 2, and 3 MBA colleges in India in India? Tier 2 MBA colleges in India are those that rank in the top 15 to 30 MBA colleges in India. 

Similarly, tier 3 MBA colleges in India are also best for studying MBA. Most of these colleges have excellent infrastructure.

Admission to tier 2 and tier 3 MBA colleges in India is possible through various MBA Entrance Exams such as NMAT, SNAP, and MAT. Many tier 2 & 3 Management Institutes in India also Accept CAT Exam Scores.

Similar to tier 3, MBA institutions within India are also excellent to study MBA. Many of these colleges have great infrastructure.

Entry into tier 2 or tier three MBA Institutions in India is made possible by taking different MBA entrance tests like NMAT, SNAP, and MAT. A lot of tier 2 and 3 management schools in India also accept CAT scores.

Students do not require an average of 99+ score to join these colleges. These MBA schools have a superb infrastructure. Furthermore, they are extremely accessible for MBA hopefuls.

Tier 2 and Tier 3, MBA schools in India are staffed by experienced faculty. They also provide excellent placements for students. Tier two MBA colleges provide excellent placement for their students. The average place at these schools is within the range of 10, LPA, to 20, LPA. Tier 3 MBA schools in India provide an average salary of 7 LPA – 15 LPA.

What are Tier 2 and Tier 3 MBA colleges?

MBA Tier 2 and Tier 3 MBA colleges are those which do not require 99+ percentile in order to get admission. These colleges are well equipped with modern infrastructure, some are pocket-friendly, and have good faculty and placement cells. Read More about MBA Admissions.

MBA Admissions Into Colleges of Tier 2 or Tier 3 Colleges

A lot of universities allow direct admissions based on scores obtained from graduating with a Bachelor’s Degree. However, some MBA institutions conduct an entrance exam. This is then followed by merit screening.

This is the step-by-step process to get admission into Tier 2 and three MBA universities in India Here is the step-by-step procedure for getting admission to the tier 2 and 

• The applicants must be eligible for the entrance test when they satisfy the minimum eligibility requirements.
• Following the entrance test The institute announces its results and announces the list of cutoffs.
• If the students achieve the marks required to pass the test, the college will issue the final merit list. The list is a preliminary merit list. The students who have been shortlisted from this list must confirm their identity.
• Candidates are able to apply for admission into these institutions. Admission is through their performance for the bachelor’s degree.
• Candidates who score the highest total marks are favored to be admitted.
• Once the verification of documents is completed the students must go through a short interview. Following that, students are admitted.

Eligibility Criteria In Order To Gain MBA Admission To Tier 2 and 3 B- Schools

To be admitted to the Tier 2 and three MBA schools in India students must meet the criteria for eligibility. The eligibility requirements to be enrolled in the MBA program at Tier 2 and 3. MBA colleges:

• Candidates must be able to pass and pass the qualifying test to be able to pass the qualifying exam at UG level.
• The applicants must obtain their master’s degrees at an accredited college recognized by UGC.
• The minimum aggregate score in the qualifying test must be 55%-60 percentage..( factors mostly depend on the college and its cutoff.

Top 100 MBA Colleges In India

As MBA is among the most sought-after courses, students often look for the Top 100 MBA colleges in India. The Top 100 MBA colleges in India list is generated by NIRF. The NIRF is the National Institute for Ranking Framework, it is a government regulatory framework that ranks the higher education institutions in the country. The Top 100 MBA colleges in India and top colleges for various courses are prepared on a yearly basis. For better comparison, one can compare the top 100 MBA colleges in India 2022 to the Top 100 MBA colleges in India in 2023 and evaluate the colleges on that basis. On the basis of the top 100 MBA colleges in India 2023 NIRF, the list of the Top 10 MBA Colleges in India is formed. Ranking for the colleges is very important as this influences the decision-making of the students to enroll in a certain MBA college or not. For this year the top MBA college among the Top 100 MBA colleges in India is the Indian School of Business, Hyderabad, followed by Xavier Labour Relations Institute (XLRI), Jamshedpur in second place.

For the Top 100 MBA colleges in India as per the NIRF, follow the list given below:

Rank	Name of the College
1	Indian School of Business, Hyderabad
2	Xavier Labour Relations Institute (XLRI), Jamshedpur
3	Management Development Institute (MDI), Gurgaon
4	S P Jain Institute of Management And Research (SPJIMR), Mumbai
5	Symbiosis Centre For Management and Human Resource Development (SCMHRD), Pune
7	Symbiosis Institute of Business Management, Pune
8	NMIMS School of Business Management, Mumbai
9	Institute of Management Technology (IMT), Ghaziabad
10	International Management Institute (IMI), New Delhi
11	Xavier Institute of Management, Bhubaneswar
12	Goa Institute of Management (GIM), Goa
13	Great Lakes Institute of Management, Chennai
14	FORE School of Management, New Delhi
15	WOXSEN School of Business, Hyderabad
16	Management Development Institute (MDI), Murshidabad
17	Institute of Management Technology (IMT), Nagpur
18	International Management Institute (IMI), Kolkata
19	International Management Institute (IMI), Bhubaneswar
20	T.A.P.M.I Management Institute (TAPMI), Bengaluru
21	Symbiosis Centre For Information Technology, Pune
22	Birla Institute of Management Technology (BIMTECH), Greater Noida
23	IFIM Business School/Jagdish Sheth School of Management, Bengaluru
24	Institute of Management Technology (IMT), Hyderabad
25	Loyola Institute of Business Administration (LIBA), Chennai
26	Indian Insitute of Social Welfare & Business Management (IISWBM), Kolkata
27	VIT Business School, Vellore
28	TAXILA Business School, Jaipur
29	Amrita School of Business, Coimbatore
30	Army Institute of Management, Kolkata
31	Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi
32	Amity Global Business School, Noida
33	CHITKARA Business School, Rajpura-Patiala
34	Jindal Global Business School (JGBS), Sonipat
35	University School of Business (USB), Chandigarh University, Mohali
36	Institute of Public Enterprise, Hyderabad
37	Institute of Management And Entrepreneurship Development (IMED), Pune
38	Bharath Institute of Higher Education And Research (BIHER), Chennai
39	ICFAI Business School (IBS), Hyderabad
40	AMITy Global Business School, Noida
41	Jaipuria Institute of Management (JIM), Noida
42	Institute of Rural Management, Anand
43	KIIT University-School of Management, Bhubaneswar
44	Dr. MGR Educational And Research Institute, Chennai
45	AIMS Institute, Bengaluru
46	SDM Institute For Management Development (SDMIMD), Mysuru
47	Manipal Institute of Management/Manipal University, Manipal
48	Meenakshi Academy of Higher Education And Research (MAHER), Chennai
49	ABBS School of Management, Bengaluru
50	REVA University (School of Management Studies), Bengaluru
51	International School of Business And Media, Pune
52	Institute of Management Studies (IMS), Ghaziabad
53	Army Institute of Management, Kolkata
54	Indian Institute of Forest Management (IIFM), Bhopal
55	School of Management And Entrepreneurship, SHIV NADAR University, Greater Noida
56	PES University, Bengaluru
57	Symbiosis Institute of Management Studies (SIMS), Pune
58	Jagan Institute of Management Studies (JIMS), Rohini/ Delhi
59	MIT School of Business, Pune
60	Army Institute of Management, Kolkata
61	Justice KS Hegde Institute of Management, NITTE/ Udupi
62	K.J. Somaiya Institute of Management Studies & Research, Mumbai
63	Symbiosis Institute of Business Management, Bengaluru
64	Xavier Institute of Management & Entrepreneurship (XIME), Bengaluru
65	Welingkar Institute of Management Development & Research, Mumbai
66	Xavier Institute of Social Services (XISS), Ranchi
67	Vidyavardhaka College of Engineering (Dept. of Management), Mysuru
68	Eastern Institute For Integrated Learning In Management (EIILM), Kolkata
70	Chandragupt Institute of Management (CIMP), Patna
71	GIBS Business School, Bengaluru
72	Bharathidasan Institute of Management, Tiruchirappalli
73	Training And Advanced Studies In Management (TASMAC), Pune
74	CMR Institute of Management Studies, Bengaluru
75	SCMS Cochin School of Business, Kochi
76	ASM’s Institute of Business Management & Research Centre, Pune
77	Prestige Institute of Management And Research, Indore
78	CHRIST University, Institute of Management, Bengaluru
79	ICFAI Business School (IBS), Dehradun
80	Mittal School of Business, Lovely Professional University (LPU), Jalandhar
81	SDM PG Centre For Management Studies And Research, Mangaluru
82	Global Business School And Research Centre, Bengaluru
83	Rajagiri Centre For Business Studies, Kochi
84	Indore Management Institute (IMI), Indore
85	Myra School of Business, Mysuru
86	Symbiosis Institute of Operations Management, Nashik
87	Presidency University, Bengaluru
88	Dayananda Sagar University (School of Commerce & Management), Bengaluru
89	KLE Technological University (School of Management Studies And Research), Hubli
90	ITM University Gwalior
91	Faculty of Management Studies (Manav Rachna Institute of Research And Studies), Faridabad
92	Indus Business Academy (IBA), Bengaluru
93	Symbiosis Institute of Business Management, Hyderabad
94	St. Joseph’s Institute of Management, Bengaluru
95	Kirloskar Institute of Advanced Management Studies (KIAMS), Pune
96	Institute of Management Studies, Noida
97	KLS Institute of Management Education And Research, Belgaum
98	JSS Centre For Management Studies, Mysuru
99	JK Business School, Gurugram
100	PSG Institute of Management, Coimbatore

Tier 1 MBA Colleges In World

A lot of students also aspire to pursue an MBA course from abroad. It is, for this reason, one must have knowledge of the Tier 1 MBA colleges in the World as well. The Tier 1 MBA colleges in World are the top most MBA colleges with a global reputation. The amount of exposure and opportunities one gets from these Tier 1 MBA colleges in the World shall be incomparable. Also, education abroad gives one a multicultural settings to learn in and also familiarises the candidates with the best practices worldwide. 

Tier 1 MBA Colleges in World: Quick Questions

Q. What are the Top MBA colleges in World?

Ans. The Top MBA colleges in World are Stanford Graduate School of Business, Stanford Harvard Business School, Boston; Penn (Wharton), Philadelphia.

Q. What are the Best MBA colleges in World for Indian students?

Ans. The Best MBA colleges in World for Indian students are Stanford GSB, Wharton (UPenn), Chicago Booth.

Tier 1 MBA colleges in World: Additional Information

Following is the additional information regarding the Tier 1 MBA colleges in World, which the aspiring candidates must know:

Top 10 MBA Colleges In The World With Fee Structure

The Top 10 MBA colleges in the world with fee structures are given below in the table

Name Of The College	Fee Structure
Harvard Business School, Boston	73,440 USD/ year
Stanford Graduate School of Business, Stanford	119,964 USD/ year
Penn (Wharton), Philadelphia	83,230 USD/ year
HEC Paris, Jouy En Josas	78,000 EUR/ year
MIT (Sloan), Cambridge	82,250 USD/ year

Top 10 MBA Colleges In World

The Top 10 MBA colleges in World are given below in the table:

Top 10 MBA Colleges In World	QS Ranking 2023
Stanford Graduate School of Business	1
Harvard Business School	2
Penn (Wharton)	3
HEC Paris	4
London Business School	5
MIT (Sloan)	6
IE Business School	7
Columbia Business School	8
INSEAD	9
IESE Business School	10

Top MBA Colleges In World With GMAT Score

The Top MBA colleges in World with GMAT scores are presented in the table below. Have a look:

GMAT Ranking	Name Of The College	GMAT Score
1	Stanford GSB	733
2	Wharton (UPenn)	732
3	Chicago Booth	726
4	Harvard Business School	725
5	Kellogg (Northwestern)	724
6	Yale SOM	721
7	New York Stern	720
8	Tuck (Dartmouth)	717
9	MIT Sloan	716
10	Columbia University	715

Top MBA colleges in World Financial Times

The Top MBA colleges in World Financial Times are as follows:

1. Columbia Business School.
2. Harvard Business School.
3. Stanford Graduate School of Business.
4. UC Berkeley: Haas.
5. Cornell University: Johnson.
6. Northwestern University: Kellogg School of Management.
7. Yale School of Management.
8. Duke University Fuqua School of Business.

Frequently Asked Questions About Tier 1 MBA Colleges In India

Q. Which MBA Colleges should you apply to?

Ans. You should apply to 5 colleges above and 5 colleges below your caliber. You should always spread your risks. Do not limit yourself to just a few colleges. On average, an MBA will set you back about 15 lakhs. It is not advisable to limit yourself to applying to a small number of colleges due to the application fees.

Q. What are the Tier 2 MBA colleges in India?

Ans. Top MBA Colleges – Tier 2 Department of Management Studies, IISc, Bangalore. Department of Management Studies, IIT Delhi. Department of Management Studies IIT Madras. Indian Institute of Management, Kashipur. Indian Institute of Management, Raipur. Indian Institute of Management, Ranchi. Indian Institute of Management, Rohtak.

Q. Is MBA from a Tier 2 college worth it?

Ans. Yes, depending on what you want to achieve, and which college you are going to. I would suggest do not go beyond the 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 is a Tier 2 MBA?

Ans. WRT tiers, generally speaking, Tier 1 is top 20, Tier 2 is top 50, and Tier 3 is top 100. In the top 20, there are obviously more category breakdowns, but that's the gist. Who is in each tier can be up for dispute based on whose ranking you look at.

Q. What is meant by Tier 1 college?

Ans. Tier 1 colleges 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 and tier 2 MBA colleges according to TCS?

Ans. Tier 1 colleges include 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?

Ans. Amity University is one example of a tier 3 college.

Q. Is CLRI a Tier 1 college?

Ans. XLRI 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. Is BITS Pilani Tier 1 college?

Ans. The 2021 list of Tier 1 Engineering Colleges in India as per NIRF ranking with their Course Details, Admissions, Entrance Exams, Fee Structure, and more. Tier 1 Engineering Colleges in India Fee Structure.

Tier 1 Engineering Colleges in India	Course Fee (in INR lakh)
IIT Delhi	4.47
BITS Pilani	16.73