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Tier 1 MBA Colleges in India 2024: Application Dates, Courses & Fees

Tier 1 MBA colleges in India, include premier institutes like IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi, and XLRI. Admission requires entrance exams like CAT, XAT, and SNAP, along with a bachelor's degree with at least 50% marks.

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Tier 1 MBA colleges in India are the premier business schools known for their excellence in various domains. Notable institutions include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi, and XLRI. These colleges excel in academics, infrastructure, faculty, research, and placements, and have a strong national and international presence with a robust alumni network. For those seeking top-notch management education in India, these institutions offer the best in education and career opportunities.

Admission to these prestigious institutions for an MBA course is highly competitive, requiring candidates to pass entrance exams such as CAT, XAT, and SNAP, in addition to holding a bachelor's degree with at least 50% marks. Here's a comprehensive overview of India's top Tier 1 MBA colleges, detailing their rankings, specializations offered, course fees, and placement packages upon graduation.

Also Read:

List of Tier 1 MBA Colleges in India

The following table provides a detailed overview of the top Tier 1 MBA colleges in India. It highlights their rankings, specializations offered, course fees, and average salary packages upon graduation. This comprehensive list includes prestigious institutions like IIM Ahmedabad, IIM Bangalore, IIT Delhi, and XLRI, among others. The data reflects their standing in various national rankings and offers insights into the diverse opportunities these colleges provide to aspiring management candidates.

NIRF Ranking 2023

College Name

Specializations Offered

Fees (In INR)

Average Salary

1

Indian Institute of Management (IIM) Ahmedabad 

PGDM/MBA in Finance and Accounting, Human Resource Management

24.61 Lakh

33.39 LPA to 1.46 crore

2

Indian Institute of Management (IIM) Bangalore

MBA/PGDM in Finance, Marketing, Human Resource, Management, International Business.

24.5 Lakh

INR 8 to 13 LPA

3

Indian Institute of Management (IIM) Kozhikode

MBA/PGDM in Finance, Liberal Studies, Management, and Business Leadership

20.50 Lakh

INR 6 to 9 LPA

4

Indian Institute of Management (IIM) Calcutta

PGDM/MBA in Finance, Liberal Studies, Management, and Business Leadership

5

Indian Institute of Technology (IIT) Delhi

MBA in Marketing, Human Resource, Management, International Business

27 Lakh

INR 12 LPA to 1 Crore

6

Indian Institute of Management (IIM) Lucknow

MBA/PGPM in Agri-Business Management, Business Environment, Decision Science, Finance & Accounting, Human Resource Management

20.7 Lakh

INR 32.20 LPA

7

Indian Institute of Management (IIM), Mumbai

MBA/PGDM in Finance, Marketing, Human Resource, Management, International Business

21 Lakhs

INR 24 LPA to 46 LPA

8

Indian Institute of Management (IIM) Indore

MBA/PGDM in Economics, Finance & Accounting, Humanities and Social Sciences, Information Systems

17.3 - 35 Lakhs

INR 30 to 40 LPA

9

Xavier School of Management (XLRI), Jamshedpur

PGDM in General Management, Business Management, Human Resource Management, Innovation, Entrepreneurship

4.75 - 15 Lakhs

INR 29.89 LPA

10Indian Institute of Technology BombayMBA in Finance and Marketing39 LakhsINR 21.82 LPA

Also Read:Tier 3 MBA Colleges in India

Important Dates for Tier 1 MBA Colleges in India

Below is a table outlining the key application dates for MBA, PGPM, and PGDM programs at top Tier 1 MBA colleges in India for the 2024-25 academic year. This information will help prospective students plan and prepare for their application process. 

College Name 

MBA/PGPM/PGDM Application Dates 2024-25

IIM Ahmedabad 

Phase 1: July 3 - Sep 4, 2023

Phase 2: Sep 18 - Oct 30, 2023

Phase 3: Nov 20 - Dec 18, 2023

IIM Bangalore

Nov 11, 2023 - Jan 31, 2024

IIM Kozhikode

Phase 1: June 24-25, 2024

Phase 2: July 1 - Aug 26, 2024

Phase 3: Sep 1 - Oct 31, 2024

IIM Calcutta 

Phase 1: June 30 - Aug 17, 2023

Phase 2: Aug - Oct 12, 2023

Phase 3: Oct 13 - Nov 23, 2023

IIT Delhi

Till January 31, 2024

IIM Lucknow

Phase 1: Aug 16 - Oct 31, 2023

Phase 2: Nov 1 - Dec 31, 2023

IIM MumbaiOct 18, 2023 - Feb 2, 2024
IIM IndorePhase 1 – Jan 5, 2024
Phase 2 – Feb 28, 2024
XLRI, JamshedpurJul 15, 2023 - Nov 30, 2023
IIT BombayJan 2, 2024 - Jan 31, 2024

Also Read: Tier 1 Engineering Colleges in India

Eligibility for Tier 1 MBA Colleges in India

Below are the eligibility requirements for Tier 1 MBA Colleges:

  • Applicants must attain a minimum of 50% marks in their undergraduate degree from a recognized university.
  • Participation in the CAT examination is mandatory.
  • Priority for admission is given to students achieving the highest percentiles in entrance exams.
  • Final admission at Tier 1 MBA Colleges necessitates successful completion of Personal Interview (PI) and Group Discussion (GD) rounds.

Admission Process for Tier 1 MBA Colleges in India

The MBA admission process for Tier 1 MBA Colleges follows a standardized protocol. However, it is strongly recommended that candidates thoroughly review the specific admission procedures outlined on the official websites of the colleges to which they intend to apply. The admission procedure typically includes the following steps: 

  • Commence by completing the registration process.
  • Subsequently, candidates are required to fill out the application form.
  • Payment of fees can be made online through NEFT.
  • Admit cards will be downloadable one week prior to the examination.
  • Results will be accessible online after the examination. 

In brief, Tier 1 MBA colleges in India, such as IIM Ahmedabad, IIM Bangalore, and XLRI, are top choices for management education. Known for excellent academics and strong job placements, these schools require competitive entrance exams like CAT for admission. Offering various specializations and strong career prospects, these institutions are ideal for aspiring business leaders. This guide helps prospective students choose the best college to achieve their career goals in business management.

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FAQs

What specializations are offered by Tier 1 MBA colleges in India?

Specializations vary by college but generally include Finance, Marketing, Human Resource Management, Operations Management, Business Analytics, and International Business. 

What is the typical fee range for Tier 1 MBA programs in India?

The typical fee range for Tier 1 MBA programs in India ranges from INR 5,00,000 to INR 36,29,000, depending on the institution. This fee covers the cost of tuition and often includes other expenses such as library fees, examination fees, and sometimes hostel charges.

What are the entrance exams are required for admission to Tier 1 MBA colleges in India?

The entrance exams required for admission to Tier 1 MBA colleges in India include CAT, XAT, SNAP, NMAT, CMAT, IIFT, MAT, and MAH CET. Aspiring MBA students aiming to enroll in the 2024 academic session should familiarize themselves with these prominent entrance exams.

Is Symbiosis MBA considered a Tier 1 MBA college in India?

Yes, Symbiosis Institute of Business Management is considered a Tier 1 MBA college in India, along with IIMs, IITs, XLRI, and Indian Institute of Foreign Trade, offering excellent education, infrastructure, faculty, and placements.

Which are the Tier 1 MBA colleges in India?

Tier 1 MBA colleges in India are the top business schools, including the Indian Institute of Management (IIM) Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi, and XLRI.

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