Tier 1 MBA Colleges in India – Check Fees, Cutoff, Ranking and More

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Tier 1 MBA Colleges in India
Tier 1 MBA Colleges in India

Tier 1 MBA Colleges in India are among the leading management institutes. They are considered the route to high-paying roles. It draws lakhs of candidates every year due to its top-notch education and outstanding placement results. Its admission process includes CAT, XAT, GMAT, or SNAP scores, academic records, and strong profiles. The cost of studying in Tier 1 MBA colleges in India falls between INR 1 Lakh to INR 26 Lakh. MBA graduates from these institutes earn a salary between INR 20 LPA to over 1 crore. The top 10 Tier 1 MBA Colleges in India include IIM Ahmedabad, MDI Gurgaon, XLRI Jamshedpur, IIM Bangalore, IIM Kozhikode, etc.

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Tier 1 MBA Colleges in India

It is a dream of many aspirants to get admission to Tier 1 MBA colleges in India every year. These institutes are also placed in the NIRF ranking list. Admission to Tier 1 B-schools in India can be life-changing for many students. It will open the door to reputed companies, networking, and career advancement opportunities. However, candidates should fulfil all the eligibility requirements and qualify CAT, SNAP, XAT, NMAT, GMAT, or any other prescribed entrance test to appear in the admission process. Many aspiring managers and business leaders prefer the Tier 1 MBA Colleges in India. Continue reading for Tier 1 business schools in India and other crucial information.

Top 10 Tier 1 MBA Colleges in India

Choosing top MBA colleges can help you build a successful career. Tier 1 MBA colleges are a popular choice when it comes to management education in India. Several MBA aspirants aim for admission to top IIMs to other leading institutes. They offer the best faculty and placement opportunities. The top 10 Tier 1 MBA colleges in India and their fee structure are given below. It can help you make the choice that suits your interests.

IIMMBA Fees (Approx)
Indian Institute of Management AhmedabadINR 26,50,000
Indian Institute of Management BangaloreRs. 26,00,000
Indian Institute of Management KozhikodeINR 23,50,000
IIT New DelhiINR 12 Lakh
Indian Institute of Management LucknowINR 20.00 lakh
Indian Institute of Management, MumbaiINR 21.00 lakh
Indian Institute of Management CalcuttaINR 27.00 lakh
Indian Institute of Management IndoreINR 21.00 lakh
Management Development Institute (MDI), GurugramINR 18 Lakh-INR 26 Lakh
XLRI- Xavier School of Management, JamshedpurINR 28.00 lakh

Top Tier 1 MBA Colleges in India: Eligibility & Admissions

Students should check the admission process of Tier 1 MBA colleges in India. It can help them know whether they are eligible and avoid last-minute hassles. Listed below are a few eligibility conditions for Tier 1 B-schools in India for reference purposes:

  • Must be a graduate from any recognised University/Institute with minimum required marks.
  • Qualified entrance tests like CAT/XAT/MAT/NMAT/XAT/SNAP, etc.
  • Qualified aspirants will have to appear in GD-PI-WAT or any other selection rounds specified by the respective institute.
  • It is mandatory to clear all the stages to secure admission to top colleges.

 Tier 1 MBA Colleges in India with Low Fees

There are various Tier 1 MBA colleges in India with low fees. Aspirants who cannot afford huge fees or an education loan can explore these options. It includes FMS Delhi, JBIMS Mumbai, TISS Mumbai, etc. They are more affordable compared to other top institutions. The MBA fees of these institutes are between INR 2 lakh to INR 12 Lakh. Below is the list of Tier 1 business schools in India with low fees.

Tier 1 Management SchoolMBA Fees (approx)
Faculty of Management Studies (FMS), Delhi UniversityINR 2-3 Lakh
Tata Institute of Management Studies (TISS), MumbaiINR 1-INR 2 Lakh
Jamnalal Bajaj Institute of Management Studies (JIBMS), MumbaiINR 6-INR 7 Lakh
Christ University, BangaloreINR 10-12 Lakh
IMI DelhiINR 9 Lakh-INR 10 Lakh
GIBS BangaloreINR 9 Lakh-INR 10 Lakh
Department of Management Sciences, PuneINR 2-INR 3 Lakh

Tier 1 MBA Colleges in India Government

There are many Tier 1 government MBA colleges in India. They offer high-quality education with excellent ROI. It includes IIM Ahmedabad, IIM Indore, IIM Bangalore, IIT Bombay, etc. The fees of these colleges are between INR 8 Lakh to INR 25 Lakh. Check the list of Tier 1 MBA colleges in India Government with fees.

Top MBA CollegeMBA Fees In India (Approx)
Indian Institute of Management AhmedabadINR 26,50,000
Indian Institute of Management CalcuttaINR 27.00 lakh
Indian Institute of Management RohtakINR 17 lakh
Indian Institute of Management BangaloreRs. 26,00,000
Indian Institute of Management KozhikodeINR 23,50,000
IIT Delhi-Department of Management StudiesINR 9.60 lakh
Indian Institute of Management LucknowINR 20,00,000
IIT Bombay- SJMSOMINR 8.67 lakh
Indian Institute of Management IndoreINR 21,00,000

Tier 1 MBA Colleges in India Private

Tier 1 private MBA colleges include MDI Gurgaon, SIBM Pune, XLRI Jamshedpur, etc. They are the popular choice among the aspirants due to higher ROI and academic standards. The cost of studying here falls between INR 10 Lakh to over INR 30 Lakh. Below is the list of Tier 1 MBA colleges in India Private with fees.

Private Tier 1 B-Schools in IndiaMBA Fees (Approx)
MDI GurgaonINR 18 Lakh-INR 26 Lakh
SIBM PuneINR 30 Lakh-INR 32 Lakh
IMT GhaziabadINR 21,53,000
GIBS BangaloreINR 9 Lakh-INR 10 Lakh
XLRI JamshedpurINR 15 Lakh-INR 28 Lakh
IMI DelhiINR 9 Lakh-INR 10 Lakh
Christ University, BangaloreINR 10-12 Lakh

Tier 1 MBA Colleges in India Cutoff

The CAT cutoff marks are different for every Tier 1 MBA college. Those who secure more than or equal to the CAT cutoff percentile set by the respective institutes will be shortlisted for their further admission process, i.e. GD-PI-WAT. Given below are the Tier 1 MBA Colleges in India Cutoff for reference purposes.

Tier 1 MBA CollegesCAT Cutoff (Approx)
IIM Ahmedabad95
IIM Bangalore85
MDI Gurgaon95
IMT Hyderabad90
SIBM Pune97
Jamnalal Bajaj Institute of Management Studies, Mumbai96
IMI Delhi90
GIBS Business School, Bangalore99

Top 10 MBA Colleges in India with NIRF Ranking

Knowing the top MBA colleges in India as per the NIRF ranking is crucial. It can help students ascertain the institute’s brand value, popularity, and career opportunities. This allows them to make the right decisions about their management careers. Below is the list of the top 10 MBA colleges in India with NIRF Ranking.

IIM202520242023
Indian Institute of Management Ahmedabad111
Indian Institute of Management Bangalore222
Indian Institute of Management Kozhikode333
IIT Delhi445
Indian Institute of Management Lucknow576
Indian Institute of Management, Mumbai667
Indian Institute of Management Calcutta754
Indian Institute of Management Indore888
Management Development Institute (MDI), Gurugram91113
XLRI- Xavier School of Management, Jamshedpur1099

Tier 1 MBA Colleges in India Location-Wise

We have compiled below Tier 1 MBA colleges in India situated in Mumbai, Delhi, Patna, Uttar Pradesh, Karnataka, Gujarat, and Tamil Nadu.

Tier 1 MBA Colleges in Mumbai

Given below is the list of Tier 1 MBA colleges in Mumbai:

Institute NameMBA Fees (Approx)
S.P. Jain Institute of Management and Research, MumbaiINR 22 Lakh-INR 30 Lakh
K J Somaiya Institute of Management, MumbaiINR 13 Lakh-INR 21 Lakh
IIM MumbaiINR 15 Lakh-INR 16 Lakh

Tier 1 MBA Colleges in Delhi

Given below is the list of MBA Tier 1 Colleges in Delhi:

Institute NameMBA Fees (Approx)
MDI GurgaonINR 18 Lakh-INR 26 Lakh
IMI DelhiINR 9 Lakh-INR 10 Lakh
Faculty of Management Studies (FMS), Delhi UniversityINR 2-3 Lakh

Tier 1 MBA Colleges in Patna

Given below is the list of Tier 1 MBA colleges in Patna:

College/InstituteMBA Fees in India (Approx.)
Birla Institute of Technology (BIT), MesraINR 5 Lakh
J.D. Women’s College (JDWC)INR 70,000
Nalanda CollegeINR 1 Lakh
Indian Institute of Business Management (IIBM)INR 85k- INR 3 Lakh
L.N. Mishra Institute of Economic Development & Social ChangesINR 1 Lakh- INR 2 Lakh
College of Commerce, Arts and Science, Magadh UniversityINR 9 Lakh-INR 10 Lakh
Patna UniversityINR 20k- INR 2 Lakh
Amity UniversityINR 8 Lakh
Chandragupt Institute of ManagementINR 9 Lakh

Tier 1 MBA Colleges in Uttar Pradesh

Given below is the list of MBA Tier 1 Colleges in Uttar Pradesh:

Institute NameMBA Fees (Approx)
IIM LucknowINR 20 Lakh
Banaras Hindu UniversityINR 1 Lakh

Tier 1 MBA Colleges in Karnataka

Given below is the list of Tier 1 MBA colleges in Karnataka:

Institute NameMBA Fees (Approx)
IIM BangaloreINR 26 Lakh
GIBS BangaloreINR 9 Lakh-INR 10 Lakh

Tier 1 MBA Colleges in Gujarat

Given below is the list of MBA Tier 1 Colleges in Gujarat:

Institute NameMBA Fees (Approx)
IIM AhmedabadINR 26.50 Lakh

Tier 1 MBA Colleges in Tamil Nadu

Given below is the list of Tier 1 MBA colleges in Tamil Nadu:

Institute NameMBA Fees (Approx)
IIM TrichyINR 19.5 Lakh
Great Lakes Institute of Management, ChennaiINR 9 Lakh-INR 12 Lakh

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Tier 1 MBA Colleges in India FAQs

Which are the best Tier 1 MBA colleges in India?

The Tier 1 MBA Colleges in India include IIM Ahmedabad, MDI Gurgaon, XLRI Jamshedpur, IIM Bangalore, IIM Kozhikode, etc.

What are the fees of Tier 1 MBA colleges in India?

The cost of studying in Tier 1 MBA colleges in India falls between INR 1 Lakh to INR 26 Lakh.

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