Top Tier 1, Tier 2 and Tier 3 MBA Colleges in India Courses, Cutoff, Fees

MBA Aspirants who are planning to opt for an MBA program should check the list of Top Tier 1, Tier 2 and Tier 3 MBA Colleges in India Courses, Cutoff, Fees

And if you would like to study in the Top MBA Institutes in India in 2023-24 there are some protocols that need to be followed such as the entrance exams, some of them are CAT, XAT, and CMAT exams. 

Well, tier 2 MBA colleges in India are the ones that are listed in the rank of the top 15 to 30 MBA colleges in India. Some of India's tier 2 management institutes are old and others are new.

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's scores.

Below you will find the List of Top Tier 1, Tier 2 and Tier 3 MBA 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 questions.

MBA, or Master of Business Administration, is a level up from an undergraduate degree holder and places graduates well above those with only undergraduate degrees.

There are many Top Tier 1, Tier 2 and Tier 3 MBA Colleges that provide MBA programs, which usually last two years. 

The MBA Colleges below are divided into (TIERS - Top Tier 1, Tier 2 and Tier 3 MBA Colleges in India) based on several factors like NIRF Ranking, Courses, Cutoff, Fees including many other facilities, especially the Placement.  

Tier 2 MBA Colleges in India

The Tier 2 colleges offer pretty good job placement services for students. There is, however, a lack of placement as compared to the TIER 1 colleges. Tier 2 MBA colleges usually offer placements ranging from Rs 10 LPA to Rs 20 LPA.

In India there are more than 3000 MBA Colleges, but only a few are ranked among the NIRF Ranking and get the tag "Tier 1 MBA Colleges in India".

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

Quick Questions

What does Tier 1 MBA College mean?

The Tier 1 MBA 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. 

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

All Tier 1 MBA 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 MBA 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

Also Read: Top Tier 1  MBA Colleges in India

Tier 2 and Tier 3 MBA Colleges in India

Aspirants who do not score well in their entrance exam need not worry, you do not need the 99+ percentile to enroll in these Tier 2 and Tier 3 MBA Colleges with the 90-70% Range you can still enter a very reputed institute, moreover, these MBA institutes have an excellent infrastructure, and placement opportunities that can range on an average placement in these colleges is in the range of INR 10 LPA-20 LPA. Tier 3 MBA colleges in India offer an average salary package of INR 7 LPA-15 LPA.

Top Tier 2 MBA Colleges in India

Here’s the list of some of the Tier 2 MBA Colleges in India 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 , 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

MBA Admission to Tier 2 and Tier 3 Colleges

Many Top Colleges/Universities have different admission criteria some of the Colleges may accept direct admission based on the marks obtained in the bachelor’s degree or some may accept through their own entrance exam that needs to be passed in order to get the admission. 

You can check the process of merit screening. Step-by-step procedure to help you get admission to the tier 2 and tier 3 MBA colleges in India

• Aspirants must apply for the entrance test in order to meet the minimum eligibility criteria or need to have at least 60% in their UG. and in case they attempt for the Entrance Exam then after the entrance test, the institute declares the result and releases the cut-off list.
• In that cut-off list, the aspirant must obtain the cut-off marks in the exam, as the college releases a final merit list. This particular list will be a provisional merit list. Document verification is required for the shortlisted students.
• There are other options for candidates to get into these colleges. A bachelor's degree is required for admission.
• In order to be considered for admission, candidates need to achieve the maximum aggregate marks.
• The students are required to participate in a small interview session after the document verification is complete. After that, the students are given admission.

Eligibility Criteria for MBA Admission to Tier 2 and Tier 3 Colleges

MBA colleges in tier 2 and tier 3 in India require students to meet certain eligibility requirements.

These are the Eligibility Requirements for MBA Programs at Tier 2 and Tier 3 Colleges

• At the undergraduate level, candidates must pass the qualifying exam.
• Students must hold a graduate degree from a UGC-recognized institution.
• A minimum of 55% to 60% aggregate score is required in the qualifying exam.

List of Top Tier 2 and Tier 3 MBA Colleges in India

Here is an extensive list of the Top Tier 2 MBA Colleges in India

• S.P. Jain Institute of Management & Research
• Symbiosis Institute of Business Management
• Indian Institute of Technology Kanpur
• Indian Institute of Management, Shillong
• Indian Institute of Foreign Trade
• Indian Institute of Management, Tiruchirapalli
• Indian Institute of Management, Ranchi
• International Management Institute
• Narsee Monjee Institute of Management Studies
• Indian Institute of Management, Udaipur
• Great Lakes Institute of Management
• Indian Institute of Management, Rohtak
• ICFAI Foundation for Higher Education
• Amity University

List of Top Tier 3 MBA Colleges in India

Here is the list of the top tier 3 MBA Colleges in India

• Goa Institute of Management
• T.A. Pai Management Institute Manipal
• Lovely Professional University
• University of Petroleum and Energy Studies
• Xavier University, Bhubaneswar
• Kalinga Institute of Industrial Technology
• Thapar Institute of Engineering and Technology
• Jaipuria Institute of Management
• Institute of Rural Management, Anand
• K.J. Somaiya Institute of Management

Entrance Exams for Admission to Tier 2 and Tier 3 MBA Colleges in India

Here are the entrance exams that are accepted by the tier 2 and tier 3 management colleges in India

• CAT
• SNAP
• XAT
• MAT
• TANCET
• OJEE
• NMAT
• UPCET

Conclusion

To qualify for MBA admission in Top Tier 1, Tier 2 and Tier 3 MBA Colleges in India, the aspirant needs to have a bachelor’s degree with a minimum percentage of 50 aggregate marks (or 45% for students in the reserved categories) and mainly for the Tier 1 MBA Colleges in India you need to have a valid CAT score with a 95%+ in order to get into the Top MBA Colleges in India.

And as for the Tier 2 and Tier 3 MBA colleges in India, admission processes are based on the entrance exam score, which is then followed by the merit screening process. 

Frequently Asked Questions about Top Tier 1, Tier 2 and Tier 3 MBA Colleges in India Courses, Cutoff, Fees

Q. What are the entrance exams for Tier 2 and Tier 3 colleges in India?

Ans. Some popular entrance exams forTier 2 and Tier 3 in India include CAT, XAT, SNAP, NMAT, MAT, CMAT, ATMA, TANCET, TSICET, and TISSNET. However there will be certain institutes that may take direct admission or they may have their own Entrance exam which you will need to pass in order to get the admission. 

Q. What are tier 1 and tier 2 MBA colleges in India?

Ans. Tier 1, Tier 2 Business Schools in India 2023, to be fair to the institutes lets it in as tier 1 MBA colleges are always ahead of tier 2 colleges, the Tier 1 MBA Colleges in India offer a way better environment and the placement opportunities, education facilities and many such other things. Some of the tier 1 colleges are the top MBA b schools of India are IIMs, ISB, FMS, etc. 

On the Other hand, some of the tier 2 MBA colleges in India are well equipped with modern infrastructure, and have an economical or decent fees structure. Some of the tier 2 MBA colleges in India are NMIMS, IMT, Great Lakes, XIMB, etc. contrast, tier 2 colleges offer the same but at a lower level when compared to tier 1 B-schools.

Q. How is the admission process conducted in Tier 1 MBA colleges in India? 

Ans. The admission process for Tier 1 MBA colleges in India is the CAT Exam. Admission to Tier 2 MBA colleges is based on entrance exam scores and a merit-based process. Admission typically requires a percentile score of 95 or higher.

Q. What is the admission process usually started for Tier-2 MBA colleges? 

Ans. Tier 2 MBA colleges in India are based on entrance exam scores  like in the CAT Exam, moreover it is followed by an admission process for Tier-2 MBA colleges in India usually commences in September and continues until April of the following year.