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Tier 1 MBA Colleges: Cut Off, Private, Government, Admission, Placements 2024

The Tier 1 MBA Colleges are the top management colleges in India. The Tier 1 MBA colleges offer the best education, faculty, infrastructure, and placements. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, and XLRI are some top Tier 1 MBA Colleges in India. 

Admission to Tier 1 MBA Colleges is done based on entrance exams like CAT, XAT, SNAP, etc. Candidates must have a bachelor’s degree with a minimum of 50% Marks in any discipline. The fees in Tier 1 Government MBA colleges range from INR 11,75,000 to INR 24,50,000. MBA Fees in Tier 1 Private Colleges range from INR 5,00,000 to INR 36,29,000. 

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.

College Fees Cut Off
IIM Ahmedabad INR 24,61,000 99
IIM Bangalore INR 24,50,000 99
IIM Calcutta INR 27,00,000 99
IIT Delhi INR 10,40,000 90
IIM Kozhikode INR 20,50,000 97
IIM Indore INR 21,14,222 90
XLRI Xavier School of Management INR 12,90,000 92
IIM Mumbai INR 7,03,000 97
IIT Kharagpur INR 6,45,000 90
IIM Ranchi INR 8,95,000 94
IIM Rohtak INR 9,90,000 95
IIM Trichy INR 19,50,000 94
IIT Roorkee INR 4,84,500 95
IIM Udaipur INR 9,40,000 92
IIM Shillong INR 14,60,000 94

Tier 1 Private MBA Colleges in India 2024

Check out the top Tier 1 Private MBA Colleges in India 2024 along with their fees and cut-off details.

College Fees Cut Off
MDI Gurgaon INR 23,47,400 95
SIBM Pune INR 13,49,000 97
IMI Delhi INR 9,55,290 90
Institute of Management Technology Ghaziabad INR 19,53,000 90
PSG College of Technology INR 20,500 98
IMT Hyderabad INR 6,03,000 90
Jaipuria Institute of Management, Ghaziabad INR 4,00,000 90
SIBM Bangalore INR 9,65,000 90
Jamnalal Bajaj Institute of Management Studies, Mumbai INR 3,50,000 96
GIBS Business School, Bangalore INR 8,25,000 99

Tier 1 MBA Colleges: Admission Process

The admission process for Tier 1 MBA Colleges is listed below.

  1. First, candidates need to complete the registration.
  2. After registration, candidates need to fill out an application form.
  3. Fees can be paid online through NEFT.
  4. Admit cards can be downloaded one week before the exam.
  5. The results will be available online. 

Learn More:

Best MBA Colleges in India MBA from IIT

Tier 1 MBA Colleges Eligibility Criteria

The eligibility criteria for Tier 1 MBA Colleges are listed below.

  • Candidates should get a minimum of 50% marks in graduation from a recognized university.
  • Candidates need to appear for CAT.
  • Students with the highest percentiles in entrance exams will get a chance for admission.
  • Candidates will have to pass the Personal Interview (PI) and Group Discussion (GD) to get final admission at Tier 1 MBA Colleges.

See Also: MBA Eligibility Criteria

Tier 1 MBA Colleges: Entrance Exams & Application Deadlines 2024

College Name Entrance Exam Accepted
IIM Ahmedabad CAT/GMAT/GRE
IIM Bangalore CAT/GMAT
IIM Calcutta CAT/GMAT
IIT Delhi CAT
IIM Kozhikode CAT/GMAT/GRE
IIM Indore CAT/GMAT
XLRI Xavier School of Management XAT/GMAT
National Institute of Industrial Engineering CAT
IIT Kharagpur CAT
IIM Ranchi CAT/GMAT
IIM Rohtak CAT
IIM Trichy CAT
IIT Roorkee CAT
IIM Udaipur CAT/GMAT/GRE
IIM Shillong CAT/GMAT/GRE

Tier 1 MBA Colleges Location Wise

The section below lists the Tier 1 MBA Colleges located in Gujarat, Kolkata, UP, Karnataka, and Mumbai along with their course fees and cut-off.

Learn More:

Top MBA Colleges in Maharashtra Top MBA Colleges in Uttar Pradesh Top MBA Colleges in Tamil Nadu
Top MBA Colleges in Delhi NCR Top MBA Colleges in Karnataka Top MBA Colleges in Andhra Pradesh

Tier 1 MBA Colleges in Gujarat

The table below lists the top Tier 1 MBA Colleges in Gujarat.

College Fees Cut Off
IIM Ahmedabad INR 24,61,000 99
Auro University Surat INR 3,65,000 90

Tier 1 MBA Colleges in Kolkata

The Tier 1 MBA college available in Kolkata is given below.

College Fees Cut Off
IIM Calcutta INR 27,00,000 99

Tier 1 MBA Colleges in UP

Mentioned below are the Tier 1 MBA Colleges in UP with fees and cut-off details.

College Fees Cut Off
Institute of Management Technology Ghaziabad INR 19,53,000 90
Jaipuria Institute of Management, Ghaziabad INR 4,00,000 90

Tier 1 MBA Colleges in Karnataka

Check out the Tier 1 MBA Colleges in Karnataka along with their course fees and cut-off.

College Fees Cut Off
IIM Bangalore INR 24,50,000 99
Symbiosis Institute of Business Management INR 9,65,000 90
GIBS Business School, Bangalore INR 8,25,000 99

Tier 1 MBA Colleges in Mumbai

Mentioned below are the Tier 1 MBA Colleges available in Mumbai.

College Fees Cut Off
SJMSOM (IIT Bombay) INR 4,91,000 90
Jamnalal Bajaj Institute of Management Studies, Mumbai INR 3,50,000 96

Placements in Tier 1 MBA Colleges

Tier 1 MBA Colleges in India offer excellent placement opportunities. The top recruiters in Tier 1 MBA Colleges are McKinsey & Co, Amazon, Accenture, Capgemini, Microsoft, Mastercard, and many more. The table below lists Placements in Tier 1 MBA Colleges.

Check: MBA Placements

College Average Package Highest Package Top Companies
IIM Ahmedabad INR 36,20,000 INR 1,14,00,000 McKinsey & Co, Essar Group, TCS, BCG
IIM Bangalore INR 33,80,000 INR 80,00,000 Accenture, Amazon, McKinsey & Co, Microsoft
IIM Calcutta INR 35,07,000 INR 87,36,000 Adobe, Flipkart, Amazon, BCG, Goldman Sachs
IIT Delhi INR 18,50,000 INR 36,70,000 Microsoft, Mastercard, Uber, Denso Japan
IIM Kozhikode INR 31,00,000 INR 67,02,000 Accenture Strategy, Amazon, American Express, Asian Paints
IIM Indore INR 30,21,000 INR 1,14,00,000 Amazon, BCG, Cipla
XLRI Xavier School of Management INR 30,73,000 INR 60,00,000 Mastercard, DE Shaw, Pay
National Institute of Industrial Engineering INR 27,75,000 INR 78,20,000 Asian Paints, Britannia, Colgate-Palmolive
IIT Kharagpur INR 15,45,000 INR 23,00,000 Microsoft, Google, EXL Services
IIM Ranchi INR 16,17,000 INR 65,00,000 Aditya Birla Group, Deloitte, Infosys, EY
IIM Rohtak INR 16,06,000 INR 36,00,000 AB InBev, Accenture, Barclays, Capgemini
IIM Trichy INR 20,55,000 INR 41,61,000 JP Morgan & Chase, McKinsey & Co, HSBC
IIT Roorkee INR 18,34,000 INR 27,94,000 BCG, Bajaj Auto, Flipkart
IIM Udaipur INR 20,30,000 INR 36,00,000 Accenture, Amazon, BCG
IIM Shillong INR 26,96,000 INR 71,30,000 Aditya Birla Group, Capgemini,Cipla, EY

Tier 1 MBA Colleges: FAQs

Ques. What are the top Tier 1 MBA Colleges in India?

Ans. Tier 1 MBA Colleges in India are the top-ranked management colleges that offer the best education, infrastructure, staff, and placements. IIMs, IITs, XLRI, Symbiosis Institute of Business Management, and Indian Institute of Foreign Trade are some top Tier 1 MBA Colleges.

Ques. How do I get into Tier 1 MBA College?

Ans. For Admission to Tier 1 MBA college, candidates must have a bachelor’s degree with a minimum of 50% marks in any discipline. Candidates are required to score high percentile in entrance exams like CAT, XAT, SNAP, NMAT, etc.

Ques. What are the top recruiters in Tier 1 MBA Colleges?

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

Ques. What is the duration of the MBA program?

Ans. The duration of the MBA program is 2 years.

Ques. Is Symbiosis, Pune MBA Tier 1?

Ans. Yes, Symbiosis, Pune is a Tier 1 MBA college.

Master of Business Administration [MBA] : 738 answered questions

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Ques. Is it worthwhile doing an MBA in UPES Dehradun?

● Top Answer By Akriti Banerjee on 03 Aug 23

Ans. Every B-school has its unique strengths and so does UPES Dehradun which is famous for its domain-specific MBA. If you are willing to pursue an MBA in oil and gas, power management, or energy trading, choosing UPES Dehradun will be the right decision. It offers a plethora of opportunities in these domains and the ROI is also great. There are some industry-specific courses too but their placements are just average. The best part about UPES is the diversity of the crowd. You will get the chance to interact with people from various backgrounds such as law, management, engineering, and design thus enhancing the learning experience manifolds.  Ultimately, I will suggest you go for UPES Dehradun only if you are planning to pursue a domain-specific MBA, else you can go for better B Schools.Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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Ques. I joined SBI as a PO in 2015 and currently a scale 2 officer. Is it wise to leave SBI for an MBA from NMIMS Mumbai, SIBM Pune or MDI Gurgaon? Also, I do not want to continue in SBI.

● Top Answer By Rahul Pandey on 17 Aug 20

Ans. Since you do not want to continue with SBI due to whatever reasons, so it would be a better option to follow what you want to and don’t continue in your job. Now, you have three options to choose what you want to do:- You can resign your current job and search for a job in a private bank. This option might not be a feasible one as the entry-level pay at SBI is much more lucrative than other banks. Your experience might not be valued in case you do not have much of it. You can go for an MBA from NMIMS Mumbai, SIBM Pune, or MDI Gurgaon. In this case, your experience will be valued during the placement process and you will be an eligible contender for middle management jobs in private banks and you may also explore new fields like corporate finance or trade finance. The other option is to wait for two more years of experience and pursue a one-year MBA provided you are ready to continue in SBI for two more years. Furthermore, there are other factors as well like GMAT score you get after two years.Read more
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Ques. What is MBA salary in India?

● Top Answer By Disha Sinha on 27 May 22

Ans. MBA salary of a B-Schol graduate in India is proportional to their qualification and experience. It also depends on other factors like Almameter of the candidate, MBA specialization, industry, designation, etc. The MBA average salary for the topmost B-School in the country is as follows. Name of the institute  MBA salary(in INR) IIM Ahmedabad  26.13 LPA IIM Bangalore  33.8 LPA IIM Calcutta 26.24 LPA IIM Lucknow 26 LPA FMS Delhi  32.4 LPA XLRI Jamshedpur 30.73 LPA MDI Gurgaon 26.07 LPA SPJIMR Mumbai 23.6 LPA  IIFT Delhi  25.16 LPA.  MBA salary depends a lot on specialization as well. Among the specialization, Marketing and Finance offers better placements. Read more
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Ques. How good is KJ Somaiya (SIMSR) for doing an MBA in India?

● Top Answer By Aditya Shah on 25 Apr 22

Ans. As a B-School, KJ Somaiya has certain factors which are advantageous, such as location, ROI, alumni base. Since Mumbai is the corporate hub of India, the college easily attracts many companies. SIMSR has a huge alumni base with people working at imminent positions in the corporate world.  However, it doesn’t come under the top B-Schools in India. SIMSR brand doesn’t have much recognition. Although it attracts many companies, the placement average isn’t at the same level as top B-Schools. KJ Somaiya placements 2022 had an average CTC of INR 10.95 LPA. Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. I completed my BBA two years back and now I have 2 years of work experience. I did a distant PGDM from NMIMS. If I clear the CAT this year, should I go for a regular MBA?

● Top Answer By Varsha Roy on 27 Jun 21

Ans. Since you already have a work experience of 2 years you should go for an executive program from a reputed institute rather than doing any regular program. You should never hold your career because of continuing with a regular MBA program rather than you should choose an executive program. For the executive program, you can choose a 1-year global MBA degree in collaboration with 3 B schools. They are Cardiff School of Management, UK, IIM-Indore, and Universal Business School, Mumbai. In this program, you will be able to learn from these big institutions, especially IIM’s. You will also be getting good global exposure. The curriculum of the college will be the British curriculum and all these programs will develop your skills and will help you in your career development. The executive program of IBS Hyderabad is also very good. There are several other institutes offering executive MBA programs where you can research and choose the best option.Read more
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Ques. How is the NMIMS distance learning program in MBA?

● Top Answer By Namrata Das on 22 Jul 22

Ans. NMIMS Global MBA program is better than other distance MBA programs available. The course is designed as per the requirements of working professionals. Students get the required support from the university and the centers.  They have student portals and Whatsapp groups to keep students updated regarding course-related information. The year-wise examination is taken in an online mode at students’ convenience.Read more
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Ques. Which is best course in MBA?

● Top Answer By Advait Joshi on 15 May 23

Ans. There are numerous top MBA programs around the world, and the program best suited for you depends on your personal and professional goals, as well as your budget and other factors. Some of the most highly ranked MBA programs include: Harvard Business School MBA program Stanford Graduate School of Business MBA program Wharton School at the University of Pennsylvania MBA program Kellogg School of Management at Northwestern University MBA program University of Chicago Booth School of Business MBA program MIT Sloan School of Management MBA program Columbia Business School MBA program INSEAD MBA program (based in France, Singapore, and Abu Dhabi) London Business School MBA program Yale School of Management MBA program All the above MBA programs are consistently ranked among the top MBA programs in the world by various rankings organizations, such as the Financial Times, Forbes, and Businessweek.Read more
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Ques. How is NMIMS Mumbai for an MBA?

● Top Answer By Ankita Sinha on 31 May 22

Ans. NMIMS Mumbai offers a good MBA program. It has a brilliant faculty base. Most of the faculty members are well-experienced and cooperative. If you are interested, you can research under any professor of your choice. It follows the Harvard case studies. You can learn and participate in the case study competitions.  NMIMS Mumbai placements 2022 had an average CTC of INR 19.40 LPA. While the highest CTC offered by the institute was INR 24.84 LPA. Located in the finance capital of the country, it also offers good exposure to students. Read more
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