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Nikita Parmar

Updated on 14th December, 2023 , 4 min read

Tier 1 MBA College in India 2023: Top 10 Colleges, Admissions 2023, Cut Off, Eligibility, Rankings 2023, Fee Structure, Courses and Placements

Tier 1 MBA Colleges in India Overview

MBA admission to Tier 1 colleges is based on national-level entrance tests, followed by a GD/PI round. Tier 1 MBA colleges in India include IIMs, IITs, XLRI, SPJIMR, and others. In November, the IIMs hold the CAT test for MBA admission. The MBA admissions process at Tier 1 MBA institutions in India begins in January. The admissions procedure for the MBA Course is done online.

What are Tier 1 MBA Colleges in India?

Tier 1 MBA institutions are the best business schools in India and are classified as Tier 1 MBA colleges. Tier 1 institutions excel in the following areas: academics, infrastructure, faculty, research, placements, the alumni network, and national/international presence. They also have excellent NIRF/NAAC scores. 

Tier 1 MBA Colleges in India

Tier 1 MBA Colleges in India

Tier 1 MBA colleges are India's best business schools. Candidates can find the list of top MBA institutions below, together with information about their eligibility, curriculum, admissions, and fees. Tier 1 MBA colleges in India are the highest-ranking management institutes in the country. A significant portion of the best understudies at these foundations land postings comparable to those available at the leading institutions. These schools are extremely competitive. Tier 1 MBA institutions in India have the brand value to effectively enter the corporate sector.

List of Top Best 10 Tier 1 MBA Colleges in India with Location and Courses Offered

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 College

Location 

Courses Offered

IIM Ahmedabad

Gujarat

MBA, Executive MBA, Fellowship

IIM Bangalore

Karnataka

MBA, PGDM, Executive MBA

IIM Calcutta

West Bengal 

MBA, PGDM, Executive MBA

IIM Kozhikode

Kerala

MBA, PGDM, Ph.D. in Management

IIT Delhi

New Delhi

MBA, PGDM, Executive MBA

IIM Indore

Madhya Pradesh

MBA, PGDM, Ph.D. in Management

IIM Lucknow

Uttar Pradesh

MBA, PGDM, Graduate Diploma in Management 

Xavier School of Management, Jamshedpur

Jharkhand

PGDBM, PGDHRM, PGDM (GM), FDPM

IIT Kharagpur

West Bengal

MBA

IIT Bombay

Mumbai

MBA

Tier 1 MBA Colleges in India with Entrance Exams and Application Deadline 2023

The following table shows entrance exams and their application deadline-

Name of College

Exams Accepted

Last Date for Application

IIM Ahmedabad



 

CAT/GMAT

Round 1: June 20, 2022 – Aug 22, 2022

Round 2: Sept 5, 2022 – Oct 28, 2022

Round 3: Nov 7, 2022 – Dec 12, 2022

IIM Bangalore 

Round 1: Jun 21, 2022 to Aug 22, 2022

Round 2: Aug 24 to Oct 10, 2022

Round 3: Oct 12 2022 to Dec 02, 2022

IIM Calcutta

Round 1: June 30, 2022 – August 22, 2022

Round 2: August 23, 2022 – October 16, 2022

Round 3: October 17, 2022 – November 30, 2022

IIM Kozhikode

December 09, 2022 – March 12, 2023

IIT Delhi 

CAT

December 20, 2022 – January 31, 2023 

IIM Indore

 

CAT/GMAT

September – December, 2022

IIM Lucknow

November 15, 2022 – January 15, 2023  

Xavier School of Management, Jamshedpur

CAT/XAT/ GMAT

August – December, 2022

IIT Kharagpur

CAT/GMAT

December 15 – February 05, 2023

 IIT Bombay

CAT/GMAT/CMAT

January 03 – 31, 2023 

Tier 1 MBA Colleges in India Entrance Exams Dates and Details

The following table gives the details for the upcoming MBA entrance exams for tier 1 colleges in India-

Exam Name 

Description 

Conducting Body

Exam Dates

CAT

It is administered by the Indian Institute of Management. In order to graduate, all students must have a minimum of 50% aggregate marks.

IIM

November 27, 2022

XAT

An entrance test for students interested in seeking admission to MBA programs. In order to graduate, all students must have a minimum of 50% aggregate marks.

Xavier School of ManagementJanuary 8, 2023

Tier 1 MBA Colleges in India with their Average Fees and Salary 2023

The following table gives details about the starting fees of tier 1 MBA Colleges in India-

Name of College

Average Salary (INR)

Fees (INR)

IIM Ahmedabad

Rs. 25,83,000 PA

Rs. 11,50,000

IIM Bangalore 

Rs. 24,54,000 PA

Rs. 10,70,000

IIM Calcutta

Rs. 25,40,000 PA

Rs. 27,00,000

IIM Kozhikode

Rs. 23,08,000 PA

Rs. 8,75,000

IIT Delhi 

Rs. 12,00,000

Rs. 10,00,000

IIM Indore

Rs. 22,92,000 PA

Rs. 8,00,000

IIM Lucknow

Rs. 24,25,000 PA

Rs. 7,13,000

Xavier School of Management, Jamshedpur

Rs. 15,00,000 PA

Rs. 4,26,000

IIT Kharagpur

Rs. 18,00,000 PA

Rs. 3,14,000

 IIT Bombay

Rs. 22,00,000 PA

Rs. 9,43,000

Tier 1 MBA Colleges in India Admissions and Eligibility Criteria

The admissions process is the same for all Tier 1 MBA institutions. The entrance requirements are outlined below-

  1. Candidates must have a minimum of 50% in their undergraduate degree from a recognized university.
  2. Students with the highest percentiles are chosen for admission. 
  3. Candidates must take the CAT (Common Admission Test).
  4. Candidates are then shortlisted and invited to participate in other rounds, such as the Interview (PI), Group Discussion (GD), and Counseling.
  5. Candidates who pass all rounds will be admitted to post-graduate programs at Tier 1 MBA colleges.

Read Quick Links Related to MBA-

IIM Ahmedabad Student Review

IIM Ahmedabad Brochure

Payment Link for IIM Ahmedabad

MBA Salary in India

Tier 1 MBA Colleges in India Admissions Process

Admission to all of the best MBA programs is done online. The entrance procedures for these colleges are as follows-

  1. First, students have to complete registration for admission.
  2. After completing the registration procedure, students must fill out all of the application forms.
  3. Fees can be paid online using NEFT.
  4. Admit cards are made accessible on the college website one week before the test.
  5. The admission cards provide the examination date and time.
  6. The results will be made accessible online.

Difference Between Tier 1 and Tier 2 Business Schools

Tier 1 colleges are known for their cutting-edge research, academic quality, and varied student body, as well as high levels of innovation, creativity, and academic performance. Tier 2 schools are, although more rigorous, not as difficult as Tier 1 institutions. They frequently have acceptance rates of less than a quarter of a percent. Despite the fact that they have the same academic and extracurricular standards, they have fewer candidates. As a result, every qualified child has a better chance of being admitted.

Which is better, Tier 1 or Tier 2?

Schools may be separated into two classes; however, this is an excellent approach for students to decide if Tier 1 or Tier 2 is the best option for them. It's crucial to remember that these levels aren't meant to imply that one school is superior to another or that one must attend a top school to thrive in their profession. Instead, they demonstrate the challenges of gaining admission to a certain university based on admissions standards, as well as which individuals have the best probability of being admitted to which college based on their academic talents.

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Frequently Asked Questions

Is an MBA course comparable to a BBA course?

Ans. No, the MBA program is not comparable to the BBA program. MBA is a postgraduate program, whereas BBA is a graduation program.

Is CLRI a Tier 1 institution?

Ans. XLRI is ranked third in India by Business Today’s "India’s Best B-Schools 2019" and first in Outlook India’s "Top Private MBA Institutes" for 2020.

What is the minimal graduation percentage necessary for admission to an MBA program?

Ans. Admission to an MBA program requires a minimum GPA of 50% overall.

What exactly is a Tier 1 college?

Ans. Tier 1 universities excel in academics, facilities, faculty, research, placements, alumni networks, and national/international presence. They also have excellent NIRF/NAAC scores. Tier 2 institutions have middle-level facilities in the following characteristics, and tier 3 colleges lag even farther below tier 2.

Is this MBA program offered via distance learning?

Ans. Yes, MBA courses can be completed via distance learning.

What is the overall length of the MBA program?

Ans. The MBA program lasts two years in total.

Is Amity a Tier 1 college?

Ans. An example of a rank 3 college is Amity University.

What are the fundamental qualifying requirements for pursuing an MBA program?

Ans. An MBA student must have a bachelor’s degree from a recognized college or university.

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