Tier 2 MBA Colleges in India 2026, Fees, Placements, ROI

REEYA SINGH

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Apr 11, 2026

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Tier 2 MBA Colleges in India 2026, Fees, Placements, ROI

Tier 2 MBA Colleges in India 2026 play an important role in education. These institutes provide quality academic programmes, strong industry exposure and good placement. Those who haven't done extremely wee in the CAT exam but looking for decent MBA colleges can consider tier 2 MBA colleges. 

Many Tier-2 business schools accept MBA entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), and Common Management Admission Test (CMAT). Check out the article to know more about Tier 2 MBA Colleges in India 2026.

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Tier 2 MBA Colleges in India 2026

Tier-2 MBA colleges in India (2026) are business schools that come just below the top Tier-1 institutes but still provide good management education, strong placements, and solid return on investment. These colleges usually accept top entrance exams like CAT, XAT, NMAT, SNAP, and CMAT. However, their cutoff should range from 85–95 percentile in CAT.

Most Tier-2 MBA colleges charge ₹16–25 lakh for the full MBA program, and the average salary packages typically range from ₹15–22 LPA, depending on the institute and specialisation.

The best part about these Tier 2 MBA Colleges in India 2026 is that they attract the best recruiters from consulting, IT, banking, and FMCG sectors, making them a good option for students who narrowly miss Tier-1 institutes but still want strong career opportunities.

Tier 2 MBA Colleges in India with Fees

Here is a table of Tier-2 MBA colleges in India with approximate MBA/PGDM fees (2-year program).

Institute

Approx Fees (₹ Lakhs)

Indian Institute of Management Udaipur

21.24

Indian Institute of Management Tiruchirappalli

21

Indian Institute of Management Ranchi

17.5

Indian Institute of Management Raipur

18

Indian Institute of Management Rohtak

17.9

Indian Institute of Management Kashipur

17.3

Indian Institute of Management Nagpur

21

Indian Institute of Management Visakhapatnam

20.5

Indian Institute of Management Jammu

20.73

Indian Institute of Management Bodh Gaya

17.96

Indian Institute of Management Sambalpur

21.01

Indian Institute of Technology Kharagpur (VGSoM MBA)

12.7

Indian Institute of Technology Roorkee (DoMS MBA)

9.7

Xavier Institute of Management Bhubaneswar

24.6

International Management Institute New Delhi

22

Great Lakes Institute of Management Chennai

17

T A Pai Management Institute

17–19

Institute of Management Technology Ghaziabad

19.5

Tier 2 MBA Colleges in India with Placements

Tier-2 MBA colleges in India are institutions which offer strong and the best academic exposure and placement opportunities. Below is the table for Tier 2 MBA Colleges in India with Placements, which will help you to understand the overall package and placement records of these institutes.

Institute

Average Package

IISC Bangalore

28 LPA

BITSOM

23.41 LPA

IIM Ranchi

19.29 LPA

IIM Trichy

19.43 LPA

XIM Bhubaneswar

19.53 LPA

IIM Amritsar

19.73 LPA

IIM Udaipur

18.8 LPA

IIM Rohtak

18.73 LPA

IIT Kharagpur

22.75 LPA

IIM Raipur

18.15 LPA

IIM Nagpur

18.07 LPA

IIT Roorkee

18.3 LPA

IIM Visakhapatnam

15.61 LPA

IIM Kashipur

15.04 LPA

IIM Bodh Gaya

13.9 LPA

IIM Jammu

13.78 LPA

IIM Sambalpur

14.21 LPA

IMI New Delhi

16.71 LPA

Tier 2 MBA Colleges in India with Average Package

In recent years, several Tier 2 MBA Colleges in India with Average Package have reported average MBA packages ranging from ₹15 LPA to ₹23 LPA. This makes Tier 2 MBA Colleges in India with Average Package a strong choice for students looking for good ROI and career growth. Below is a table highlighting some prominent Tier 2 MBA Colleges in India with Average Package.

Institute

Average Package (LPA)

Indian Institute of Science Bangalore

28

BITS School of Management

23.41

Indian Institute of Management Ranchi

19.29

Indian Institute of Management Tiruchirappalli

19.43

Xavier Institute of Management Bhubaneswar

19.53

Indian Institute of Management Amritsar

19.73

Indian Institute of Management Udaipur

18.8

Indian Institute of Management Rohtak

18.73

Indian Institute of Technology Kharagpur

22.75

Indian Institute of Management Raipur

18.15

Indian Institute of Management Nagpur

18.07

Indian Institute of Technology Roorkee

18.3

Indian Institute of Management Visakhapatnam

15.61

Indian Institute of Management Kashipur

15.04

Indian Institute of Management Bodh Gaya

13.9

Indian Institute of Management Jammu

13.78

Indian Institute of Management Sambalpur

14.21

International Management Institute New Delhi

16.71

Tier 2 MBA Colleges Accepting CAT, XAT, CMAT 2026

The table below highlights some well-known Tier 2 MBA Colleges accepting CAT, XAT, and CMAT 2026

Institute

Exams Accepted

Location

International Management Institute New Delhi

CAT, XAT

Delhi

Institute of Management Technology Ghaziabad

CAT, XAT

Ghaziabad

Xavier Institute of Management Bhubaneswar

CAT, XAT

Bhubaneswar

Great Lakes Institute of Management Chennai

CAT, XAT, CMAT

Chennai

K J Somaiya Institute of Management

CAT, XAT, CMAT

Mumbai

Goa Institute of Management

CAT, XAT, CMAT

Goa

T A Pai Management Institute

CAT, XAT

Manipal

FORE School of Management

CAT, XAT

New Delhi

Loyola Institute of Business Administration

CAT, XAT

Chennai

Institute of Management Nirma University

CAT, CMAT

Ahmedabad

Prin L N Welingkar Institute of Management Development and Research

CAT, XAT, CMAT

Mumbai

Xavier Institute of Social Service

CAT, XAT, CMAT

Ranchi

Institute for Financial Management and Research

CAT, XAT, CMAT

Chennai

Banaras Hindu University Faculty of Management Studies

CAT

Varanasi

Lal Bahadur Shastri Institute of Management

CAT, XAT

New Delhi

Tier 2 MBA Colleges with Low Fees and High ROI

Here is a table of Tier-2 MBA colleges in India with relatively low fees and good ROI (Fees vs Average Package).

College

Total Fees (₹ Lakhs)

Average Package (₹ LPA)

ROI Insight

Vinod Gupta School of Management IIT Kharagpur

12.7

22.7

Very high ROI

Department of Management Studies IIT Roorkee

9–10

18.3

Excellent ROI

Indian Institute of Management Ranchi

17.5

19.3

Good ROI

Indian Institute of Management Rohtak

17.9

18.7

Good ROI

Indian Institute of Management Raipur

18

18.1

Balanced ROI

Indian Institute of Management Kashipur

16–17

15

Moderate-good ROI

Xavier Institute of Management Bhubaneswar

24

19.5

Good placements

International Management Institute New Delhi

22

16.7

Decent ROI

Great Lakes Institute of Management Chennai

21

18

Strong analytics roles

Institute of Management Technology Ghaziabad

19.5

16.2

Good marketing roles

Tier 2 MBA Colleges in India 2026: Conclusion

Tier 2 MBA Colleges in India 2026 offer strong management education, industry exposure, and promising placement opportunities for MBA aspirants. These institutes accept major entrance exams such as CAT, XAT, NMAT, and CMAT while providing competitive salary packages and a good return on investment.

For students who narrowly miss Tier-1 business schools, Tier 2 MBA colleges remain an excellent option. With moderate fees, strong recruiter presence, and average packages ranging from ₹15–23 LPA, these institutes provide solid career growth and long-term professional opportunities.

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