The most privileged MBA institutions in India fall under the tier 1 classification, offering exceptional management education to those aspiring to pursue an MBA. These top-tier colleges have produced numerous CEOs for renowned companies, and here is the most recent compilation of the top 15 tier 1 MBA colleges in India, including their fee structures, average placement salaries, and cut-offs. By utilizing this list, one can make informed decisions regarding their management careers and apply to the most prestigious tier 1 MBA colleges in India for a strong start.
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MBA Tier 1 Colleges In India
Below shown is the list of the finest tier 1 MBA institutions in India, complete with details about their fees, placements, entrance exams, and cut-off marks. It should be noted that these top-tier MBA colleges are not ranked in any specific order, and the fee details and cut-offs are subject to change. Thus, applicants are advised to visit the official websites of the respective colleges to verify the information before making any decisions.
Institute | Fees | Average CTC | Entrance Exam | Cut off (Percentile) |
Faculty of Management Studies, University of Delhi (FMS) | 2.5 Lakhs | 34.1 LPA | CAT | 98+ |
Indian Institute of Foreign Trade, New Delhi (IIFT) | 21.77 Lakhs | 25.16 LPA | IIFT | 122-124 (IIFT Score) |
Indian Institute of Management, Ahmedabad (IIMA) | 24.61 Lakhs | 32.79 LPA | CAT | 99-100 |
Indian Institute of Management, Bangalore (IIM B) | 24.5 Lakhs | 35.31 LPA | CAT/GMAT/GRE/IIMB | 99-100 |
Indian Institute of Management, Calcutta (IIM C) | 23 Lakhs | 34.20 LPA | CAT | 99 |
Indian Institute of Management, Lucknow (IIM L) | 20.75 Lakhs | 31.03 LPA | CAT | 97-98 |
Indian Institute of Management, Kozhikode (IIM K) | 20.5 Lakhs | 29.5 LPA | CAT | 97-98 |
Indian Institute of Management, Indore (IIM I) | 21.14 Lakhs | 25.01 LPA | CAT | 97-98 |
Indian School of Business, Hyderabad (ISB) | 35.45 Lakhs | 34.21 LPA | GMAT | 710 (GMAT cut-off) |
Jamnalal Bajaj Institute of Management Studies (JBIMS) | 6 Lakhs | 27.63 LPA | MAH-CET/CAT/CMAT | 99.99 |
Management Development Institute, Gurgaon (MDI) |
24.16 Lakhs
|
27.67 LPA | CAT/GMAT/XAT | 95 |
National Institute of Industrial Engineering, Mumbai (NITIE) | 14.63 Lakhs | 25.4 LPA | CAT | 97 |
Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM) | 14.52 Lakhs | 28.8 LPA | CAT/GMAT | 97-98 |
S. P. Jain Institute of Management and Research, Mumbai (SPJIMR) | 20.42 Lakhs | 33.02 LPA | CAT/GMAT | 85 |
Xavier School of Management, Jamshedpur (XLRI) | 24.8 Lakhs | 32.7 LPA | XAT/GMAT | 95(XAT cut off) |
To secure admission into these premier business schools, prospective candidates must possess a minimum aggregate of 50% in their bachelor’s degree and attain a valid score in the MBA entrance examinations. As most colleges have already commenced their admissions process, it is recommended that candidates keep track of the official websites of their preferred institutions and submit their applications before the deadline.
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