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Tire 1 MBA college in India
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Tier 1 MBA Colleges in India 2023 Fees: Latest List, Ranking

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 2023 Fees: Latest List, Ranking, As the MBA sessions begin soon, we've made sure to provide all the data about MBA in India too (Best MBA Colleges Accepting CAT Scores in India).

Latest News - CAT Exam 2023 has ended, CAT form correction process began on September 25 and the deadline to edit application form is September 28, 5:00 PM.

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. 

The Common Admission Test (CAT) for admission into Master of Business Administration (MBA) programs is conducted by the Indian Institutes of Management (IIMs) in the month of November. 

The commencement of the MBA admissions process at Top Tier MBA Colleges in India often occurs in the month of January. The MBA Course admissions process is conducted using an online platform.

Tier 1 MBA Colleges in India 2023 Fees

India's premier business schools are commonly referred to as Tier 1 MBA Colleges in India. Below, candidates will find a comprehensive compilation of the Tier 1 MBA Colleges in India fees and other related information, along with pertinent details regarding their eligibility criteria, program structure, admissions process, and associated costs. 

There are only a few Tier 1 MBA colleges in India. Several of these institutions offer positions that are comparable to those offered by top-tier institutions to the most accomplished students. 

The level of competition among these educational institutions is exceptionally high. In India, Tier 1 MBA Colleges have a significant brand value that enables them to successfully penetrate the corporate sector.

Tier 1 MBA Colleges in India 2023 Fees: Latest List, Ranking

Below we have listed the Tier 1 MBA colleges in India 2023 fees: Latest List, Ranking, With information about their fees, placements, entrance exams, and cut-off marks. These top-tier MBA schools are not ranked in any particular order, and the fee details and cut-offs are subject to change. To verify the information before making any decisions, applicants should contact Formfees or visit the official websites of the colleges.

InstituteFeesAverage CTCCut Off (Percentile)
Faculty of Management Studies, University of Delhi (FMS)2.5 Lakhs34.1 LPA98+
Indian Institute of Foreign Trade, New Delhi (IIFT)21.77 Lakhs25.16 LPA122-124 (IIFT Score)
Indian Institute of Management, Ahmedabad (IIMA)24.61 Lakhs32.79 LPA99-100
Indian Institute of Management, Bangalore (IIM B)24.5 Lakhs35.31 LPA99-100
Indian Institute of Management, Calcutta (IIM C)23 Lakhs34.20 LPA99
Indian Institute of Management, Lucknow (IIM L)20.75 Lakhs31.03 LPA97-98
Indian Institute of Management, Kozhikode (IIM K)20.5 Lakhs29.5 LPA97-98
Indian Institute of Management, Indore (IIM I)21.14 Lakhs25.01 LPA97-98
Indian School of Business, Hyderabad (ISB)35.45 Lakhs34.21 LPA710 (GMAT Cut-Off)
Jamnalal Bajaj Institute of Management Studies (JBIMS)6 Lakhs27.63 LPA99.99
Management Development Institute, Gurgaon (MDI) 24.16 Lakhs 27.67 LPA95
National Institute of Industrial Engineering, Mumbai (NITIE)14.63 Lakhs25.4 LPA97
Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)14.52 Lakhs28.8 LPA97-98
S. P. Jain Institute of Management and Research, Mumbai (SPJIMR)20.42 Lakhs33.02 LPA85
Xavier School of Management, Jamshedpur (XLRI)24.8 Lakhs32.7 LPA95(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 CollegeCourses Offered
IIM Ahmedabad, GujaratMBA, Executive MBA, Fellowship
IIM Bangalore, KarnatakaMBA, PGDM, Executive MBA
IIM Calcutta, West Bengal MBA, PGDM, Executive MBA
IIM Kozhikode, KeralaMBA, PGDM, Ph.D. in Management
IIT Delhi, New DelhiMBA, PGDM, Executive MBA
IIM Indore, Madhya PradeshMBA, PGDM, Ph.D. in Management
IIM Lucknow, Uttar PradeshMBA, PGDM, Graduate Diploma in Management 
Xavier School of Management, Jamshedpur, JharkhandPGDBM, PGDHRM, PGDM (GM), FDPM
IIT Kharagpur, West BengalMBA
IIT Bombay, MumbaiMBA

Tier 2 MBA Colleges in India 2023: MBA Course Offered, Entrance Exam Expected Cut-offs

Tier 2 MBA Colleges in India offer favorable job prospects. Within the field of Tier 2 MBA Colleges in India, the average placement statistics generally range from INR 10 lakhs per year to 20 lakhs per annum.  This page presents current information about the Tier 2 MBA Colleges in India and their cutoffs.

You can contact Formfees for a thorough analysis of many MBA Entrance Exams, including their various latest dates of CAT Exam or for any form filling services.  Through the practice of documenting important dates, people are able to make well-informed choices about which ones to prioritize and exert effort towards fulfilling.

Students commonly suffer difficulty while applying to tests or business schools because they mix the two aforementioned notions. There is a difference between the two entities. Several universities need particular examinations for admission, such as the Common Admission Test (CAT) for IIMs, the Indian Institute of Foreign Trade (IIFT) exam for IIFT entrance, and the Xavier Aptitude Test (XAT) for XLRI, among others.

Furthermore, several private institutions employ CAT/GMAT results in their admissions procedure, however their application criteria differ greatly. The application procedure for these institutions is distinct from that for the CAT or XAT, for example. There are certain dates, fees, programmes that must be applied for, and a variety of other administrative issues that must be addressed.

This blog post will look at the top Tier 1,2,3 MBA colleges in India 2023 with details like entrance Exam, tuition costs. This website offers a thorough listing of many colleges, as well as a succinct guidance on picking an acceptable university for application. We have compiled a comprehensive list of MBA Colleges in India, categorized into Tier 1, Tier 2, and Tier 3 institutions. Additionally, we have included other pertinent facts for each college.

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

Institute NameMBA Course OfferedEntrance Exam Expected Cut-offs
K. J. Somaiya Institute of Management Studies and Research, MumbaiPGDMCAT: 90 percentile, CMAT: 187 marks
Institute of Rural Management Anand, AnandPGP in Rural ManagementCAT: 80 percentile
Symbiosis Institute of International Business (SIIB)MBA (International Business)SNAP: 98 percentile
T. A. Pai Management Institute, Manipal (TAPMI)PGDMCAT: 80 percentile GMAT: 650 marks XAT: 80 percentile
Symbiosis Institute of Business Management, BangaloreMBASNAP: 95 percentile
International Management Institute (IMI), DelhiPGDMCAT: 90 percentile
Great Lakes Institute of Management, ChennaiPGDMCAT: 90 percentile CMAT: 90 percentile GMAT: 600 marks XAT: 90 percentile
Indian Institute of Management (IIM) RanchiPGDMCAT: 90 percentile
Institute of Management, Nirma UniversityMBACAT: 80 percentile
Indian Institute of Management (IIM) RaipurPGPCAT: 90 percentile
Indian Institute of Management (IIM) TiruchirappalliPGPCAT: 97.16 percentile
Indian Institute of Management (IIM) RohtakPGPCAT: 85 percentile
Indian Institute of Management (IIM) UdaipurPGPCAT: 90 percentile
Goa Institute of Management (GIM), GoaPGDMCAT: 90 percentile CMAT: 198 percentile XAT: 76.48 percentile
Indian Institute of Technology Madras (IIT Madras), ChennaiMBACAT: 96 percentile
Xavier Institute Of Management & Entrepreneurship, BangalorePGDMCAT: 60 percentile CMAT: 85 percentile MAT: 60 percentile
Symbiosis Institute of Media and Communication, BangaloreMBASNAP: 60 percentile
Banaras Hindu UniversityMBACAT: 84 percentile
Institute for Financial Management and Research (IFMR), ChennaiPGDMCAT: 80 percentile CMAT: 70 percentile XAT: 85 percentile
Institute of Management Technology (Nagpur)PGDMCAT: 90 percentile
University Business School (UBS), Panjab University, ChandigarhMBACAT: 88 percentile
Indian Institute of Forest Management (IIFM), BhopalPG Diploma (Forest Management)CAT: 75.7 percentile
National Institute of Technology, TiruchirappalliMBACAT: 83 percentile

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.

Tier 1 2 3 MBA Colleges in India

Many students often confuse the distinction between applying for an examination and applying for admission to a business school. A distinction exists. By registering for specific examinations, individuals concurrently submit applications for corresponding colleges, such as the Common Admission Test (CAT) for the Indian Institutes of Management (IIMs), the Indian Institute of Foreign Trade (IIFT) entrance test for admission to IIFT, and the Xavier Aptitude Test (XAT) for XLRI, among others.

Furthermore, numerous private colleges exist that use CAT/GMAT results as part of their admission criteria; nevertheless, it is important to note that the application processes for these institutions are distinct and different from one another. The application procedure for these institutes differs from that of CAT or XAT, for instance. There exist distinct dates, fees, and programs to be applied for, among numerous other administrative responsibilities that want attention. 

Colleges have been classified into three tiers namely Tier 1 2 3 MBA colleges in India

Top Tier 1 MBA Colleges in India  

These institutions are renowned and widely regarded as the premier business schools in the nation. The institution in question has continuously achieved a position within the Top 15 Business Schools in India, garnering significant recognition from recruiters due to its esteemed reputation and commitment to providing a high-quality education. 

These business schools exhibit a high level of competitiveness and present considerable challenges in terms of admission. However, it is important to remain undeterred by these factors. In order to receive consideration for admission, a student must rank within the uppermost 1% or 2% of their academic cohort. The subsequent compilation comprises a diverse selection of respected Indian Institutes of Management (IIMs) and privately-owned business schools.

  1. Faculty of Management Studies, University of Delhi (FMS)
  2. Indian Institute of Foreign Trade, New Delhi (IIFT)
  3. Indian Institute of Management, Ahmedabad (IIM A)
  4. Indian Institute of Management, Bangalore (IIM B)
  5. Indian Institute of Management, Calcutta (IIM C)
  6. Indian Institute of Management, Indore (IIM I)
  7. Indian Institute of Management, Kozhikode (IIMK)
  8. Indian Institute of Management, Lucknow (IIML)
  9. Indian School of Business, Hyderabad (ISB)
  10. Jamnalal Bajaj Institute of Management Studies (JBIMS)
  11. Management Development Institute, Gurgaon (MDI)
  12. National Institute of Industrial Engineering, Mumbai (NITIE) - IIM-M
  13. Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)
  14. S. P. Jain Institute of Management and Research, Mumbai (SPJIMR)
  15. Xavier School of Management, Jamshedpur (XLRI)

Top Tier 2 MBA Colleges in India  

Top Tier 2 MBA Colleges in India are positioned immediately after Tier 1, as they have successfully built their reputation and have a track record of consistent placements. These institutions are positioned within the second tier (ranging from the top 15 to 30) in terms of their rankings. Certain institutions are of historical significance, while others are just formed and show promise. These business schools remain a highly favorable choice for anyone seeking to pursue a Master of Business Administration Degree from a reputable and well-established institution.

  1. Department of Management Studies, IISc, Bangalore
  2. Department of Management Studies, IIT Delhi
  3. Department of Management Studies IIT Madras
  4. Indian Institute of Management, Kashipur
  5. Indian Institute of Management, Raipur
  6. Indian Institute of Management, Ranchi
  7. Indian Institute of Management, Rohtak
  8. Indian Institute of Management, Shillong
  9. Indian Institute of Management, Trichy
  10. Indian Institute of Management, Udaipur
  11. Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)
  12. PGDBA – IIM Calcutta, IIT Kharagpur, ISI Kolkata* 
  13. Symbiosis Centre for Management and Human Resource Development, Pune (SCMHRD)
  14. Symbiosis Institute of Business Management, Pune (SIBM)
  15. Tata Institute of Social Sciences, Mumbai (TISS)

Top Tier 3 MBA Colleges in India

Tier 3 colleges follow thereafter and constitute a commendable group. These locations continue to offer excellent opportunities for learning and professional development. It is advisable to engage in a thorough evaluation and analysis prior to making a commitment to join. Several of the universities included in this list exhibit a remarkable return on investment.

  1. Department of Financial Studies (DFS), University of Delhi
  2. Department of Management Studies, IIT Roorkee
  3. Delhi School of Economics (DSE), University of Delhi
  4. Goa Institute Of Management, Goa (GIM)
  5. Great Lakes Institute of Management, Chennai (GLIM)
  6. Indian Institute of Management, Amritsar
  7. Indian Institute of Management, Bodh Gaya
  8. Indian Institute of Management, Jammu
  9. Indian Institute of Management, Nagpur
  10. Indian Institute of Management, Sambalpur
  11. Indian Institute of Management, Sirmaur
  12. Indian Institute of Management, Visakhapatnam
  13. Industrial and Management Engineering, IIT Kanpur
  14. International Management Institute, New Delhi (IMI)
  15. Institute of Management Technology, Ghaziabad (IMT)
  16. Institute of Rural Management, Anand (IRMA)
  17. K. J. Somaiya Institute of Management Studies and Research, Mumbai (KJSOM)
  18. Mudra Institute of Communications, Ahmedabad (MICA)
  19. T. A. Pai Management Institute, Manipal (TAPMI)
  20. Welingkar Institute of Management, Mumbai (We-B)

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