Top-15 Tier-1 MBA Colleges In India 2023 (Latest List)

Top-15 Tier-1 MBA Colleges In India 2023
Top-15 Tier-1 MBA Colleges In India 2023

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


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.

Candidates can Join our Telegram group of MBA aspirants for quick and regular exam updates.

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