Tier 1 MBA Colleges in India: Cut Off, Pvt & Govt., Scholarships, Placements 

Tier 1 MBA Colleges in India: Cut Off, Pvt & Govt., Scholarships, Placements: The Competition to study in the Tier 1 Colleges in india has increased, to get into the Tier 1 colleges is extremely difficult, due to the Tier 1 MBA Colleges in india stand out due to their rigorous admission criteria, high-quality education, cutting-edge infrastructure, 

So, what are Tier 1 colleges? Tier 1 Colleges means – 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. 

Mostly the IIMs (Indian Institute of Management are listed among the Top 10 Tier 1 MBA Colleges in India among others, 

• In the IIM Rankings 2021, IIM Ahmedabad stood at 1st Place and it has been at the Top ever since. 
• 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. 

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

Top Tier 1 MBA Colleges in India Scholarships 

There are different MBA scholarships available in India. The following table shows the details:

1. IIMA Special Needs Scholarship (IIM Ahmedabad): In the postgraduate program, gross family income is below INR 15 Lakhs, and the Last Date of Application is June 14, 2024 (Tentative)

2. Scholarship for SC/ST candidates (IIM Ahmedabad): For postgraduate programs belonging to SC/ST category, INR 150 every month for 10 months and the Last Date of Application is June 14, 2024 (Tentative)

3. IIM Ahmedabad MBA Scholarships: PG students whose gross family income is below Rs. 15 Lakhs and have different criteria such as annual family income, ownership of assets, and the number of dependents in the family. and the Last Date of Application is July 15, 2024 (Tentative)

4. IIM Bangalore MBA Scholarships: PG Students, with household income below Rs.8 Lakhs and have financial difficulties owing to unforeseen circumstances and the Last Date of Application is June 11, 2024 (Tentative)

5. IIM Lucknow MBA Scholarship: PG students with a family income of less than Rs.4,00,000, shortlisted based on merit and the Last Date of Application is June 30, 2024 (Tentative)

It is important to know that the acceptance rate for these tier 1 B schools in India is less than 10% due to the cutthroat competition in the entrance exams. In other words, ten out of every hundred applicants are accepted. Although they simply require consideration, these Tier 1 B Schools in India seek academic proficiency and outstanding extracurricular activities.

Tier 1 MBA colleges in india 2023 fees: Latest List, Ranking

You can check the list of Tier 1 MBA colleges in india 2023 fees following the Average CTC

Cut off (Percentile). 

These top-tier MBA schools are not ranked in any particular order, and the fee details and cut-offs are subject to change. You can also contact Formfees to verify the information before making any decisions, or visit the official websites of the colleges.

Institute	Fees	Average CTC	Cut off (Percentile)
Faculty of Management Studies, University of Delhi (FMS)	2.5 Lakhs	34.1 LPA	98+
Indian Institute of Foreign Trade, New Delhi (IIFT)	21.77 Lakhs	25.16 LPA	122-124 (IIFT Score)
Indian Institute of Management, Ahmedabad (IIMA)	24.61 Lakhs	32.79 LPA	99-100
Indian Institute of Management, Bangalore (IIM B)	24.5 Lakhs	35.31 LPA	99-100
Indian Institute of Management, Calcutta (IIM C)	23 Lakhs	34.20 LPA	99
Indian Institute of Management, Lucknow (IIM L)	20.75 Lakhs	31.03 LPA	97-98
Indian Institute of Management, Kozhikode (IIM K)	20.5 Lakhs	29.5 LPA	97-98
Indian Institute of Management, Indore (IIM I)	21.14 Lakhs	25.01 LPA	97-98
Indian School of Business, Hyderabad (ISB)	35.45 Lakhs	34.21 LPA	710 (GMAT cut-off)
Jamnalal Bajaj Institute of Management Studies (JBIMS)	6 Lakhs	27.63 LPA	99.99
Management Development Institute, Gurgaon (MDI)	24.16 Lakhs	27.67 LPA	95
National Institute of Industrial Engineering, Mumbai (NITIE)	14.63 Lakhs	25.4 LPA	97
Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)	14.52 Lakhs	28.8 LPA	97-98
S. P. Jain Institute of Management and Research, Mumbai (SPJIMR)	20.42 Lakhs	33.02 LPA	85
Xavier School of Management, Jamshedpur (XLRI)	24.8 Lakhs	32.7 LPA	95(XAT cut off)

List of Top 10 Tier 1 MBA Colleges in India with Courses 

Tier 1 MBA colleges in India are considered the top administrative schools in the country. These businesses have a perfect track record. Notably, an MBA assists an individual only if it is obtained from a top-tier MBA institution. Tier 1 MBA colleges in India provide the best academics, foundation, personnel, research, and class structure. The top tier 1 colleges in India are listed below-

Name of College	Courses Offered
IIM Ahmedabad, Gujarat	MBA, Executive MBA, Fellowship
IIM Bangalore, Karnataka	MBA, PGDM, Executive MBA
IIM Calcutta, West Bengal	MBA, PGDM, Executive MBA
IIM Kozhikode, Kerala	MBA, PGDM, Ph.D. in Management
IIT Delhi, New Delhi	MBA, PGDM, Executive MBA
IIM Indore, Madhya Pradesh	MBA, PGDM, Ph.D. in Management
IIM Lucknow, Uttar Pradesh	MBA, PGDM, Graduate Diploma in Management
Xavier School of Management, Jamshedpur, Jharkhand	PGDBM, PGDHRM, PGDM (GM), FDPM
IIT Kharagpur, West Bengal	MBA
IIT Bombay, Mumbai	MBA

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

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
10	GIBS Business School, Bangalore	INR 8,25,000	99

NOTE: Cutoff shown in the table may differ, please make sure to check the official website or contact us for the latest updates.   

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:-

• You 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 exams 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 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 with Placements 

Tier 1 MBA Colleges in India MBA Colleges with Placement: Average Package of MBA in India - There is no doubt that MBA Placements is one of the key factors that determine the popularity and ranking of a Best MBA Colleges in India. As a result, when taking final admission decisions, MBA aspirants research Best MBA Colleges in India Placement Wise.

Check the MBA Placements 2023 Report, below you will find the

• MBA Average Placements 2023
• MBA Average Placements 2022

It was recorded that the highest salary offered in the previous year stood at $ 1,50,297 by The IIM Ahmedabad which is the Best MBA Colleges in India Placement Wise Whereas MDI Gurgaon had the second highest salary of INR 1.14 CPA and 3rd was the IIM Indore bagged the third highest salary of INR 70 LPA.

College Name	MBA Average Placements 2023	MBA Average Placements 2022
Indian Institute of Management Ahmedabad	INR 34.36 LPA	INR 32.79 LPA
Indian Institute of Management Bangalore	INR 35.3 LPA	INR 33.8 LPA
Indian Institute of Management Calcutta	INR 35.07 LPA	INR 34.2 LPA
Indian Institute of Management Lucknow	INR 32.2 LPA	INR 31.03 LPA
Indian Institute of Technology Madras	INR 20.19 LPA	INR 16.66 LPA
Indian Institute of Technology, Bombay	INR 30.35 LPA	INR 29.80 LPA
Indian Institute of Technology, Kharagpur	INR 22.13 LPA	INR 19.36 LPA
Indian Institute of Management Rohtak	INR 18.73 LPA	INR 16.06 LPA
Indian Institute of Technology, Roorkee	INR 18.34 LPA	INR 16.80 LPA
S. P. Jain Institute of Management & Research	INR 33.02 LPA	INR 32.06 LPA
Indian Institute of Technology, Delhi	INR 25.82 LPA	INR 21.90 LPA
Indian Institute of Management Kozhikode	INR 31.02 LPA	INR 31.02 LPA
Indian Institute of Management Indore	INR 30.21 LPA	INR 25.01 LPA
XLRI - Xavier School of Management	INR 32.7 LPA	INR 32.7 LPA
National Institute of Industrial Engineering (IIM), Mumbai	INR 27.75 LPA	INR. 25.4 LPA
Management Development Institute	INR 60 LPA	INR 26.65 LPA
Indian Institute of Management Raipur	INR 21.04 LPA	INR 17.73 LPA
Indian Institute of Management Ranchi	INR 17.3 LPA	INR 16.17 LPA
Symbiosis Institute of Business Management	INR 26.77 LPA	INR 26.77 LPA
Indian Institute of Management Tiruchirappalli	INR 20.55 LPA	INR 17.01 LPA
Indian Institute of Technology Kanpur	INR 45 LPA	INR 16.61 LPA
Indian Institute of Management Udaipur	INR 20.09 LPA	INR 17.82 LPA
Indian Institute of Management Kashipur	INR 18.11 LPA	INR 15.21 LPA
Indian Institute of Foreign Trade	INR 29.1 LPA	INR 25.16 LPA

Frequently Asked Questions about Tier 1 MBA Colleges in India

Q. Are there any Scholarships available in Tier 1 MBA Colleges in India? 

Ans. Yes, There are some scholarships that can be beneficial for any student who is seeking help or financial aid, and you can also contact FormFees for the details if you want to know more about Scholarships. Here are some Scholarships offered: 

1. Scholarship for SC/ST candidates (IIM Ahmedabad)
2. IIM Ahmedabad MBA Scholarships, CHECK THE LIST IN THE ARTICLE. 

Q. What are the Top Tier MBA Colleges in India with Placements?

Ans. Some of the Top Tier 1 MBA Colleges in India in Terms of placements are IIMs, IITs, XLRI, Symbiosis Institute of Business Management, and Indian Institute of Foreign Trade.

Q. What is the admission process to get into the Tier 1 MBA College in India?

Ans. To get into the Tier 1 MBA colleges in India must have a bachelor's degree with a minimum of 50% in any subject. Candidates must get a high percentile in entrance tests such as the CAT, XAT, SNAP, NMAT, and others.

Q. What are the best recruiters in Tier 1 MBA Colleges in India?

Ans. The top recruiters in Tier 1 MBA colleges include Accenture Strategy, Capgemini, Mastercard, McKinsey & Co, Deloitte, BCG, Flipkart, and Amazon.