Tier 2 MBA colleges in India, Check Average Package, Fees & More

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Tier 2 MBA Colleges in India

Tier 2 MBA Colleges in India: Many MBA aspirants aim to study at a top B-school. But the competition is extreme. Over 2.5 lakh candidates appear for the CAT exam every year. However, the total number of seats at IIM Ahmedabad, Bangalore, and Calcutta is limited. Only a small number of applicants get selected. This is where Tier 2 MBA colleges in India step in. These institutes offer quality education and good career prospects. This includes skilled faculty and strong industry ties. 

Many Tier 2 B-schools have improved their brand value and placement records. Popular colleges are the Great Lakes Institute of Management, Chennai, T. A. Pai Management Institute, Manipal (TAPMI); the International Management Institute (IMI), Delhi, etc. 

These colleges attract companies from the consulting, banking, and technology sectors. Average salary packages in many Tier 2 MBA colleges range between INR 10-21 LPA. However, the placement package depends on specialisation and industry demand. The best part? Admission to these colleges is not challenging. While admission to top IIMs usually requires a 98-99 percentile in the CAT. But many Tier 2 MBA colleges accept candidates with 85-95 percentiles. This allows more students to pursue an MBA. In short, Tier 2 MBA colleges in India provide a practical route to a successful management career. Read ahead to know more about the Tier 2 MBA colleges in India and other details.

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Top 10 Tier 2 MBA Colleges in India

Choosing the right college is crucial for your MBA career. Many aspirants cannot secure admission into the top IIMs, but Tier-2 MBA colleges are a game-changer. They offer strong academic and impressive placements. They even provide internship opportunities and strong industry connections. Some of the top tier 2 MBA colleges in India include TAPMI, IMI, SIBM Bangalore, Goa Institute of Management (GIM), Goa; ICFAI Business School, Hyderabad; etc. Their highest package typically ranges from INR 21 LPA to INR 70 LPA. Fees usually range from INR 10 lakh to 23 lakh. This is a better ROI compared to many private B-schools. Companies like Amazon, Deloitte, and major banks participate in the placement of many tier 2 MBA colleges. In short, you can build a successful career without needing a 99+ percentile in CAT. Learn more about Tier 2 MBA colleges in India with fees, average packages, and more.

  • K. J. Somaiya Institute of Management Studies and Research, Mumbai
  • T. A. Pai Management Institute, Manipal (TAPMI)
  • Symbiosis Institute of Business Management, Bangalore
  • International Management Institute (IMI), Delhi
  • Great Lakes Institute of Management, Chennai
  • Indian Institute of Management (IIM) Ranchi
  • Institute of Management, Nirma University
  • Indian Institute of Management (IIM) Raipur
  • ICFAI Business School, Hyderabad
  • Xavier Institute of Social Service, Ranchi

Tier 2 MBA Colleges in India: Accepted Entrance Exam(s)

Tier-2 MBA colleges in India accept scores from multiple entrance tests. This includes CAT/XAT/GMAT/NMAT/CMAT. The most commonly accepted entrance exam is CAT. A few B-schools also organise their own entrance tests. Most Tier-2 colleges accept the 85-95 percentile in CAT or equivalent in other tests. After the entrance test, candidates are shortlisted for the WAT, GD, and PI for MBA admissions. Here is the list of Tier 2 MBA colleges in India with the entrance exam:

MBA Colleges in IndiaExam Accepted
K. J. Somaiya Institute of Management Studies and Research, MumbaiCAT/XAT/GMAT/NMAT/CMAT
T. A. Pai Management Institute, Manipal (TAPMI)CAT / XAT / NMAT / GMAT
Symbiosis Institute of Business Management, BangaloreSNAP
International Management Institute (IMI), DelhiCAT/XAT/GMAT
Great Lakes Institute of Management, ChennaiCAT/XAT/GMAT
Indian Institute of Management (IIM) RanchiCAT
Institute of Management, Nirma UniversityCAT
Indian Institute of Management (IIM) RaipurCAT
Indian Institute of Management (IIM) TiruchirappalliCAT
Indian Institute of Management (IIM) RohtakCAT
Indian Institute of Management (IIM) UdaipurCAT
Goa Institute of Management (GIM), GoaXAT/CAT/GMAT
DoMS, IIT MadrasCAT
Xavier Institute Of Management & Entrepreneurship, BangaloreXAT / CAT / CMAT / MAT / ATMA / GMAT
SIMS PuneSNAP
Indian Institute of Management (IIM) KashipurCAT
DoMS, IIT RoorkeeCAT
ICFAI Business School, HyderabadCAT/NMAT/XAT/GMAT
Xavier Institute of Social Service, RanchiCAT/XAT/CMAT
DoMS IIT KanpurCAT

Tier 2 MBA Colleges in India with Fees Structure

Many aspirants look for Tier 2 MBA colleges in India with low fees. The reason is that an MBA is a crucial financial investment. Several reputed B-schools offer quality education and excellent placements. The fees are quite affordable at these colleges. The total fee in most Tier-2 MBA colleges is around INR 9 lakh-INR 21 lakh. For example, the MBA fees of XIME Bangalore are around INR 12.90 lakhs for two years. IBS Hyderabad typically charges around INR 17.01 lakhs. These colleges offer strong placements even with lower fees. The average package of many Tier 2 institutes is between INR 10 LPA and INR 21 LPA. Many institutes offer scholarships, education loans, and fee waivers to deserving students. Given below is the list of Tier 2 MBA colleges in India with fees:

MBA College / InstituteFees (Approx.)
K. J. Somaiya Institute of Management Studies and Research, MumbaiINR 23 Lakhs
T. A. Pai Management Institute, Manipal (TAPMI)INR 19.4 Lakhs
Symbiosis Institute of Business Management, BangaloreINR 21.40 Lakhs
International Management Institute (IMI), DelhiINR 23.54 Lakhs
Great Lakes Institute of Management, ChennaiINR 22.50 Lakhs
Indian Institute of Management (IIM) RanchiINR 19.20 Lakhs
Institute of Management, Nirma UniversityINR 14 Lakhs-INR 15 Lakhs (Expected)
Indian Institute of Management (IIM) RaipurINR 20 Lakhs
Indian Institute of Management (IIM) TiruchirappalliIN 14.50 Lakhs
Indian Institute of Management (IIM) RohtakINR 17.90 Lakhs
Indian Institute of Management (IIM) UdaipurINR 21.50 Lakhs
Goa Institute of Management (GIM), GoaINR 21.45 Lakhs
DoMS, IIT MadrasINR 13 Lakh – INR 15 Lakh (Expected)
Xavier Institute Of Management & Entrepreneurship, BangaloreINR 12.90 Lakhs
SIMS PuneINR 16 Lakhs – INR 21 Lakhs (Expected)
Indian Institute of Management (IIM) KashipurINR 17 Lakhs (Expected)
DoMS, IIT RoorkeeINR 9.74 Lakhs
ICFAI Business School, HyderabadINR 17.01 Lakhs
DoMS IIT KanpurINR 56,160 (1st Semester)

Tier 2 MBA Colleges in India: Average Package & Highest Package

The placement statistics of Tier 2 MBA colleges are impressive. That’s why it attracts a huge number of aspirants every year. The average package usually ranges between INR 10 LPA and INR 18 LPA. It also depends on specialisation and market conditions. For example, SIBM Bangalore, IIM Raipur, and ICFAI Business School, Hyderabad, often report strong placement statistics. The highest packages sometimes reach INR 30 LPA to INR 70 LPA. Companies like Amazon, Deloitte, and Accenture often participate in many Tier 2 MBA colleges’ placements. These show that Tier-2 MBA colleges offer solid career prospects and a good ROI. Given below is the list of Tier 2 MBA colleges in India with the average package and the highest package.

MBA College / InstitutePlacement Package
K. J. Somaiya Institute of Management Studies and Research, MumbaiINR 12 LPA-INR 27 LPA
T. A. Pai Management Institute, Manipal (TAPMI)INR 13 LPA-INR 32 LPA
Symbiosis Institute of Business Management, BangaloreINR 14 LPA-INR 24 LPA
International Management Institute (IMI), DelhiINR 17 LPA-INR 40 LPA
Great Lakes Institute of Management, ChennaiINR 15 LPA-INR 39 LPA
Indian Institute of Management (IIM) RanchiINR 19 LPA-INR 50 LPA
Institute of Management, Nirma UniversityINR 11 LPA-INR 70 LPA
Indian Institute of Management (IIM) RaipurINR 18 LPA-INR 33 LPA
Indian Institute of Management (IIM) TiruchirappalliINR 19.27 LPA (Average Package)
Indian Institute of Management (IIM) RohtakINR 18 LPA-INR 36 LPA
Indian Institute of Management (IIM) UdaipurINR 18 LPA-INR 47 LPA
Goa Institute of Management (GIM), GoaINR 15 LPA-INR 32 LPA
DoMS, IIT MadrasINR 17 LPA-INR 35 LPA
Xavier Institute Of Management & Entrepreneurship, BangaloreINR 10 LPA-INR 15 LPA
SIMS PuneINR 15 LPA-INR 21 LPA
Indian Institute of Management (IIM) KashipurINR 14 LPA-INR 33 LPA
DoMS, IIT RoorkeeINR 17 LPA-INR 24 LPA
ICFAI Business School, HyderabadINR 9 LPA-INR 21 LPA
Xavier Institute of Social Service, RanchiINR 9 LPA-INR 21 LPA
DoMS IIT KanpurINR 17 LPA-INR 36 LPA

Conclusion

Tier 2 MBA colleges in India offer quality education and excellent placement opportunities. You do not always require a 99+ percentile to pursue a management career. Many of these colleges provide strong industry connections and high-paying packages. All you need to do is choose the right college and prepare well for the entrance exams. The right preparation can help you get admission to a leading B-school. This is where structured guidance steps in. Platforms like iQuanta offer interactive classes, 24×7 doubt-solving support, practice sessions, and so on. It has helped many aspirants improve their scores and maximise their chances of success. So, join the iQuanta CAT 2026 course today and improve your performance.