8 mins | Vaishali Pandey

Top Tier 1 MBA Colleges in India 2025

The top B-schools in India are classified as Tier 1 MBA colleges. Prestigious institutions like the Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi, and XLRI stand out among these elite colleges. These tier 1 business schools are known for their exceptional academic standards, state-of-the-art infrastructure, experienced faculty, and impressive placements with lucrative salary packages.

By the end of this blog, you will get to know:

1. A list of the top Tier 1 MBA colleges in India, categorised by state, including prestigious government institutions like IIM Ahmedabad and private colleges like ISB Hyderabad.

2. Key details about fees, placements, and average salaries these colleges offer.

3. Insights into the best entrance exams and how to prepare for them effectively.

What are Tier 1 MBA Colleges in India?

Tier 1 MBA colleges in India are the top management schools in the country. These colleges are famous for their tough studies, excellent teachers, strong industry ties, and great job placements. Graduating from these colleges often leads to high-paying jobs, leadership positions, and a strong professional network.

Why Choose a Tier 1 MBA College?

Here’s what makes Tier 1 MBA colleges stand out:

1. International Reputation

These colleges are often ranked among the best MBA schools in the world.

2. Expert Teachers

Professors have lots of industry experience and have studied at well-known universities globally.

3. Successful Alumni

Many graduates from these colleges become CEOs or leaders in top companies worldwide.

4. Excellent Job Placements

Students get high-paying jobs from top companies through campus placements.

5. Strong Industry Links

These colleges work closely with leading businesses, giving students practical knowledge and experience.

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Top Tier 1 MBA Colleges in India

Here is a complete list of tier 1 colleges in India for MBA, along with their fees, highest salary offered, average salary, and the required entrance exams for admission:

College Name

Fees 

Highest Salary Offered

Average Salary 

Entrance Exam

Indian Institute of Management (IIM) Ahmedabad

₹33 lakh

INR 1.75 Cr PA

₹36 LPA

CAT

GMAT

GRE

Indian Institute of Management (IIM) Bangalore

₹24 lakh

INR 1.15 Cr PA

₹35 lakh

CAT

GMAT

Management Development Institute, Gurugram

INR 16 lakhs

INR 63 LPA

INR 26 LPA

CAT

GMAT

Indian Institute of Management (IIM) Calcutta

INR 31 lakh

INR 1 Cr PA

INR 34 lakh

CAT

GMAT

Taxila Business School, Jaipur

INR 9 lakhs

INR 28 LPA

INR 11.5 LPA

CAT

GMAT

XAT

ATMA

CMAT

Indian School of Business (ISB) Hyderabad

₹41 lakh

INR 60 LPA

INR 34 LPA

GMAT

GRE

Xavier Labour Relations Institute, Jamshedpur

₹21 lakh

INR 53 LPA

INR 28 LPA

XAT

Faculty of Management Studies (FMS) Delhi

INR 2 lakh

INR 1.23 Cr PA

INR 34 LPA

CAT

SP Jain Institute of Management and Research, Mumbai

INR 21 lakh

INR 81 LPA

INR 33 lakh

CAT

XAT

Indian Institute of Management, Lucknow

INR 20 lakhs

INR 1 Cr PA

INR 32 LPA

CAT

Indian Institute of Management, Mumbai

INR 11 lakhs

INR 49 LPA

INR 25 LPA

CAT

Symbiosis Institute of Business Management, Pune

INR 24 lakhs

INR 50 LPA

INR 28 LPA

SNAP

Indian Institute of Management, Ghaziabad

INR 21 lakhs

INR 65 LPA

INR 17 LPA

CTA

XAT

GMAT

CMAT

Department of Management Studies, IIT Delhi

INR 11.2 lakh

INR 41 LPA

INR 25 LPA

CAT

Indian Institute of Management, Udaipur

INR 21 lakh

INR 46 LPA

INR 20 LPA

CAT

GMAT

GRE

Indian Institute of Management, Kozhikode

INR 22 lakhs

INR 67 LPA

INR 31 LPA

CAT

GMAT

GRE

Indian Institute of Management, Shillong

INR 22 lakhs

INR 48 LPA

INR 18 LPA

CAT

GMAT

GRE

Indian Institute of Management, Indore

INR 11 lakhs

INR 1.14 Cr PA

INR 30 LPA

CAT

GMAT

Indian Institute of Management, Ranchi

INR 9.5 lakhs

INR 35 LPA

INR 17 LPA

CAT

GMAT

Indian Institute of Management, Rohtak

INR 17 lakhs

INR 36 LPA

INR 18 LPA

CAT

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Top Tier 1 Government MBA Colleges

Government MBA colleges in India offer world-class education at affordable fees, making them a great choice for students looking for value without compromising on quality. 

Here is a list of the top tier 1 government MBA colleges:

College Name

Fees 

Average Annual Salary 

Entrance Exam

Indian Institute of Management, Ahmedabad

INR 33 lakhs

INR 35 LPA

CAT

GMAT

GRE

Indian Institute of Management, Bengaluru

INR 24.5 lakhs

INR 35 LPA

CAT

GMAT

Faculty of Management Studies, Delhi

INR 2 lakhs

INR 34 LPA

CAT

Indian Institute of Management, Calcutta

INR 31 lakhs

INR 35 LPA

CAT

GMAT

Indian Institute of Management, Lucknow

INR 20 lakhs

INR 32 LPA

CAT

Indian Institute of Management, Kozhikode

INR 22.5 lakhs

INR 31 LPA

CAT

GMAT

GRE

Department of Management Studies, IIT Delhi

INR 11.2 lakhs

INR 25 LPA

CAT

Indian Institute of Management, Udaipur

INR 21.43 lakhs

INR 20 LPA

CAT

GMAT

GRE

Indian Institute of Management, Indore

INR 11.04 lakhs

INR 30 LPA

CAT

GMAT

Indian Institute of Management, Rohtak

INR 17.29 lakhs

INR 18 LPA

CAT

Top Tier 1 Private MBA Colleges

Private MBA colleges in India offer modern infrastructure, global partnerships, and innovative curricula. These institutions cater to students looking for personalised learning experiences and international exposure. 

Below is a list of top private tier 1 MBA colleges in India, their fees, and entrance exam requirements.

College Name

Fees

MDI, Gurgaon

INR 23.4 lakhs

SIBM, Pune

INR 13.49 lakhs

IMI, Delhi

INR 9.55 lakhs

Institute of Management Technology, Ghaziabad

INR 19.53 lakhs

PSG College of Technology

INR 20,500 lakhs

IMT, Hyderabad

INR 6.03 lakhs

Jaipuria Institute of Management, Ghaziabad

INR 4 lakhs

Jamnalal Bajaj Institute of Management Studies, Mumbai

INR 3.5 lakhs

GIBS Business School, Bangalore

INR 8.25 lakhs

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Tier 1 MBA Colleges in India: State-Wise

India is home to various top-tier MBA colleges known for their academic excellence and excellent placement records. These institutions offer unique learning experiences and career opportunities across different states. 

Here are some of the best Tier 1 MBA colleges in India, categorised by state.

Tier 1 MBA Colleges in India: Maharashtra

College Name

Total Fees

National Institute of Industrial Engineering, Mumbai

INR 7.03 lakhs

Indian Institute of Technology, Mumbai

INR 4.9 lakhs

Jamnalal Bajaj Institute of Management Studies, Mumbai

INR 3.5 lakhs

Tier 1 MBA Colleges in India: Uttar Pradesh

Tier 1 MBA Colleges in India: Karnataka

Tier 1 MBA Colleges in India: Gujarat

College Name

Total Fees

Indian Institute of Management, Ahmedabad

INR 25 lakhs

Auro University, Surat

INR 3.65 lakhs

Tier 1 MBA Colleges in India: Kolkata

College Name

Total Fees

Indian Institute of Management, Calcutta

INR 23 lakhs

Tier 1 MBA Colleges in India: Tamil Nadu

College Name

Total Fees

Indian Institute of Technology, Madras

INR 9.14 lakhs

Tier 1 MBA Colleges in India: Delhi

College Name

Total Fees

Indian Institute of Technology, Delhi

INR 12 lakhs

Top 10 Private Tier 1 Business Schools in India

Here is a list of the top 10 private Tier 1 business schools in India, along with their total fees and average annual salary packages for graduates.

College Name

Total Fees

Average Annual Salary

Xavier's Labour Relation Institute, Jamshedpur 

INR 21.7 lakhs

INR 28 LPA

Indian School of Business, Hyderabad

INR 49 lakhs

INR 34 LPA

Management Development Institute, Gurgaon

INR 16.7 lakhs

INR 26 LPA

Institute of Management Technology, Ghaziabad

INR 21.5 lakhs

INR 17 LPA

Symbiosis Institute of Business Management

INR 24.20 lakhs

INR 28 LPA

Great Lakes Institute of Management  

INR 20.8 lakhs

INR 15 LPA

Taxila Business School, Jaipur

INR 9.5 lakhs

INR 9.5 LPA

SPJIMR, Mumbai

INR 21 lakhs

INR 33 LPA

TAPMI, Jaipur

INR 8.64 lakhs

INR 13 LPA

MICA, Ahmedabad

INR 23 lakhs

INR 17 LPA

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Tier 1 MBA Colleges in India: Salary and Top Recruiters

Placements are a key indicator of an MBA program’s value. Here are the top tier 1 MBA colleges in India known for their excellent salary package and placement records:

College Name

Average Salary Package

Top Recruiters

IIM Ahmedabad

INR 36 lakhs

McKinsey & Co

BCG

Goldman Sachs

IIM Bangalore

INR 33 lakhs

Accenture

Amazon

McKinsey & Co

Microsoft

IIM, Calcutta

INR 35 lakhs

Adobe

Flipkart

Amazon

BCG

Goldman Sachs

IIT, Delhi

INR 18.5 lakhs

Microsoft

Mastercard

Uber

Denso Japan

IIM Kozhikode

INR 31 lakhs

Accenture Strategy

Amazon

America Express

Asian Paints

IIM, Indore

INR 30 lakhs

Amazon

BCG

Cipla

XLRI Jamshedpur

INR 30 lakhs

Mastercard

DE Shaw

Pay

National Institute of Industrial Engineering

INR 27 lakhs

Asian Paints

Britania

Colgate-Palmolive

IIT Kharagpur

15 lakhs

Microsoft

Google

EXL Services

IIM, Ranchi

INR 16 lakhs

Aditya Birla Group

Deloitte

Infosys

IIM Rohtak

INR 16 lakhs

AB InBev

Accenture

Barclays

Capgemini

IIM Trichy

INR 20 lakhs

JP Morgan & Chase

McKinsey & Co

HSBC

IIT Roorkee

INR 18 lakhs

BCG

Bajaj Auto

Flipkart

IIM Udaipur

INR 20 lakhs

Accenture

Amazon

BCG

IIM Shillong

INR 26 lakhs

Aditya Birla Group

Capgemini

Cipla

EY

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Tier 1 MBA Colleges in India Offering Scholarships

Here is a list of top MBA colleges in India that offer scholarships to help students manage their fees:

College Name

Total Fee

IMT, Ghaziabad

INR 21 lakhs

Jamnalai Bajaj Institute of Management Studies, Mumbai

INR 3.5 lakhs

MDI, Gurgaon

INR 23.4 lakhs

NIT Surathkal

INR 4 lakhs

National Institute of Industrial Engineering, Mumbai

INR 7.03 lakhs

NMIMS, Mumbai

INR 11 - 25 lakhs

SPJIMR, Mumbai

INR 21 lakhs

VIT, Vellore

INR 6.5 lakhs

XLRI, Jamshedpur

INR 30 lakhs

IIM, Bangalore

INR 33 lakhs

IIM, Shillong

INR 26 lakhs

IIM, Ahmedabad

INR 36 lakhs

NIT, Trichy

INR 1.4 lakhs

SCMHRD, Pune

INR 13 - 21 lakhs

SJMSOM, Mumbai

INR 2.69 lakhs

Indian Institute of Management, Nagpur

INR 18 lakhs

IIM, Visakhapatnam

INR 16 - 17 lakhs

IIM, Amritsar

INR 13 lakhs

IIM, Bodh Gaya

INR 9.6 lakhs

IIM, Sirmaur

INR 9.5 - 16 lakhs

IIM, Sambalpur

INR 10.5 lakhs

IIM Jammu

INR 14 lakhs

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Top Entrance Exams for Admission in Tier 1 MBA Colleges in India

To gain admission to tier 1 MBA colleges in India, you need to perform well in these entrance exams:

Exam Name

Full Form

Exam Date

CAT 

Common Admission Test

30th November 2025 

XAT 

Xavier Aptitude Test

5th January 2025

MAT

Management Aptitude Test

February, May, September, and December 2025

SNAP

Symbiosis National Aptitude Test

To be announced

NMAT

Narsee Monjee Management Aptitude Test

October - December 2025

Explore all the essential information about MBA entrance exams in India for 2024-25, including key dates, fee structures, and eligibility requirements.

What is the Difference Between Tier 1 and Tier 2 MBA Colleges in India?

Here’s a comparison between Tier 1 and Tier 2 MBA colleges in India, highlighting their key differences:

Features

Tier 1 MBA Colleges in India

Tier 2 MBA Colleges in India

Academic Quality

High-quality academics and cutting-edge research

Good academic standards, but less rigorous than Tier 1

Admission Difficulty

Extremely competitive with very low acceptance rates

Less competitive, but still challenging

International Exposure

Global exposure through partnerships with international institutes

Limited international exposure

Placement Records

High placement rates with top-tier companies and global recruiters

Good placements, but fewer top companies

Recruiters

Reputed global companies, top CEOs, MDs, and leaders

More local/regional companies

Infrastructure

Excellent facilities, advanced research tools, and better campus life

Decent infrastructure, not as advanced as Tier 1

Focus on Entrepreneurship

Strong focus on entrepreneurship with networking and startup support

Some focus on entrepreneurship 

National and Global Ranking

Consistently ranks at the top in NIRF, IIRF, and QS MBA Rankings.

Ranks lower in national and global rankings

Skill Development

Focus on academic, practical skills, and professional networks

Focus mainly on academics, with less focus on skills

Sustainability

Focus on sustainable solutions and environmentally friendly learning

Less focus on sustainability

Tier 1 MBA Colleges in India: Eligibility Criteria

Candidates must meet specific academic and exam-related requirements to secure admission to Tier 1 MBA colleges. Here's an overview of the essential eligibility criteria:

Eligibility

Candidates must have a minimum of 50% or higher marks in their graduation from a recognised institution.

Entrance Exams

Candidates must appear for entrance exams like CAT, XAT, or similar, aiming for a high percentile to increase their chances of admission.

Tier 1 MBA Colleges in India: Admission Process

The admission process for Tier 1 MBA colleges typically involves the following steps:

1. Meet Eligibility Criteria

Candidates must have at least 50% marks in their bachelor’s degree from a recognised university or institute.

2. Register and Apply

Complete the registration process on the official website of the desired college. Fill out the application form carefully, choosing your preferred program. Pay the application fee online through NEFT or other accepted payment modes.

3. Entrance Exams

Appear for the Common Admission Test (CAT), which is mandatory for most Tier 1 colleges. Some colleges also accept scores from XAT, MAT, CMAT, and GMAT.

4. Admit Card and Exam

Download the admit card, usually available a week before the exam date. Take the entrance exam as per the schedule.

5. Results and Shortlisting

Check your results online once announced. Based on your exam scores, colleges will shortlist candidates for the next stages of the admission process.

6. Selection Process

Shortlisted candidates must participate in the selection process, which typically includes group discussion (GD) to assess communication and teamwork skills, and personal interview (PI) to evaluate personality, knowledge, and suitability for the program.

7. Final Selection

After the GD and PI rounds, colleges release a list of selected candidates.

8. Admission Confirmation

Selected candidates must pay the admission fees and submit the required documents to confirm their admission.

Tips to Get the Best Tier 1 MBA Colleges in India

Here are some useful tips for aspiring students:

1. Meet Eligibility Criteria

Ensure you have a minimum aggregate score of 55-60% in your previous studies and fulfill all other eligibility requirements.

2. Keep Track of Important Dates

Regularly check the application and exam dates for the specific MBA programs you wish to apply for.

3. Choose Programs Wisely

Before completing the application form, select the MBA program based on your career goals and interests.

4. Upload Documents Properly

Make sure to upload the required documents in the correct size and format as specified.

5. Prepare for the Exam

Understand the exam pattern and syllabus thoroughly and start your preparation accordingly.

6. Ace the GD and Interview Rounds

Revise basic concepts of business and ethics to confidently clear the Group Discussion (GD) and interview stages.

Tier 1 MBA colleges in India provide an unmatched educational experience, with exceptional faculty, industry exposure, and outstanding job placements. Whether you opt for a government or private institution, each offers opportunities that can shape your career in the right direction. By understanding their offerings, fees, entrance requirements, and placements, you are better equipped to choose the right MBA program for your future.

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Frequently Asked Questions

Do tier 1 MBA colleges in India have international exchange programmes?

Yes, many tier 1 colleges offer exchange programmes with renowned global universities for better exposure.

What are the challenges of studying at tier 1 MBA colleges?

High academic pressure, financial strain, and competitive peer environments are common challenges.

What are some affordable tier 1 MBA colleges in India?

FMS Delhi and JBIMS Mumbai offer world-class education at a fraction of the cost.

Is it harder to get into a tier 1 MBA college in India?

Yes, the competition is intense, with acceptance rates often below 2-5%.

How do tier 1 MBA colleges calculate admission scores?

They consider entrance exam scores, academic performance, work experience, and interview performance.

Can working professionals apply to tier 1 MBA colleges in India?

Yes, several colleges like ISB Hyderabad and IIMs offer executive MBA programmes for professionals.

What are the best tier 1 colleges in India for MBA for specific industries like finance or marketing?

IIM Calcutta is known for finance, while MICA Ahmedabad specialises in marketing.

Can working professionals apply to tier 1 MBA colleges in India?

IIM Ahmedabad, IIM Bangalore, and XLRI Jamshedpur consistently record high placement packages.

What is the average CAT cut-off for tier 1 colleges?

Most tier 1 colleges require CAT scores above the 95th percentile, with some demanding even higher.

Are tier 1 MBA colleges worth the investment?

Yes, tier 1 MBA colleges often have high ROI with average placements ranging between ₹25-40 lakh per annum.