Tier 3 MBA colleges in India include institutes like Amity University, Balaji Institute of Modern Management, and Jaipuria Institute of Management. These management institutes are an excellent choice for MBA aspirants who are not able to secure admission at Tier 1 and Tier 2 MBA colleges in India either due to not meeting the eligibility criteria or due to financial restrictions. There are several advantages to pursuing an MBA and other management courses from Tier 3 B-schools including the cheaper cost of education, less competition, and relaxed eligibility requirements. Find all the necessary information on Tier 3 MBA colleges in India mentioned in the article below.
Also Read:
MBA Admission 2024 | Tier 1 MBA Colleges in India |
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Tier 2 MBA Colleges in India |
List of Tier 3 MBA Colleges in India
Given below are the top 10 tier 3 MBA colleges in India along with their fees, entrance exams required, and courses on offer:Name of the College | Courses Offered | Entrance Exams Accepted | Total Course Fees |
---|---|---|---|
Common Admission Test , Xavier Aptitude Test , Common Management Admission Test , Management Aptitude Test , NMAT by GMAC | INR 5 lakhs - INR 11 lakhs | ||
PGDM | CAT, XAT, MAT, CMAT, GMAT | INR 13.5 Lakhs | |
PGDM | CAT, XAT, GMAT | INR 18.27 lakhs - INR 22.83 lakhs | |
| CAT, XAT, MAT, CMAT, GMAT | INR 11.8 lakhs | |
| CAT | INR 12 Lakhs - INR 21 Lakhs | |
MBA | JMI Entrance Test | INR 50,000 | |
K. J. Somaiya Institute of Management Studies and Research, Mumbai |
| CAT, XAT, CMAT, GMAT, NMAT | INR 20.86 Lakhs |
MBA | CAT, XAT, CMAT, MAT, NMAT, LPUNEST | INR 28 Lakhs | |
MBA | Common University Entrance Test | INR 16.5 lakhs | |
PGDM | CAT, XAT, AIMS Test for Management Admissions , GMAT | INR 14 lakhs |
Eligibility Criteria for Tier 3 MBA Colleges in India
The eligibility criteria for MBA courses are relatively similar at all management institutes and B-schools in India regardless of their ranking. However, some institutes may have certain special requirements that must be met by potential MBA candidates. Check out the general MBA eligibility criteria at Tier 3 MBA colleges in India:
- Candidates must hold a Bachelor's degree in any discipline and the undergraduate degree course must have a minimum duration of three years. Also, a graduation score of at least 50% is mandatory for applicants in the General category. SC, ST, or PWD candidates are allowed a relaxation of a 5% and must achieve an overall score of at least 45%.
- Candidates must qualify for any relevant MBA entrance exams such as the CAT, XAT, GMAT, SNAP, NMAT, or CMAT, whichever is accepted by the Tier 3 MBA college in India of their preference, and meet the MBA cutoff marks required to be eligible for the MBA selection process conducted by the institutes.
- Final year graduation students can also apply for MBA admission. However, the admission will be provisional and only if they can provide the necessary documentation when it is time for the MBA admission process, the admission will be final.
Also Read: CAT vs CMAT, NMAT, XAT, SNAP, IIFT & Other MBA Entrance Exams
MBA Admission Process for Tier 3 MBA Colleges
The admission process for the top MBA colleges as per NIRF rankings is mostly the same across a majority of the institutes mentioned in the list. However, there may be certain criteria that candidates will be required to meet to secure admission to certain B-schools from the list. Aspirants must check the official websites of these colleges and find out the exact MBA admission requirements for the same. Check out the admission process for the top NIRF MBA colleges mentioned in detail below:
Determining Eligibility & Appearing for MBA Entrance Exams
Determining whether you meet the eligibility criteria for MBA or other postgraduate management courses offered by Tier 3 MBA colleges in India is the first step. The majority of B-schools have very similar MBA eligibility requirements, with some MBA colleges having additional requirements based on their admissions standards. Once eligibility is confirmed, candidates must appear and qualify for the relevant MBA entrance tests to be eligible for the next stage of the MBA admission process.
Shortlisting for MBA Selection Process Rounds
The shortlisting of applicants for the following round of the MBA admissions process is the next phase of the process. When shortlisting candidates for the next round of the MBA selection process, the primary criteria that are taken into account are their academic profile, extracurricular activities, and entrance exam scores. The Academic Profile contains information about classes 10, 12, and graduation results. Only extracurricular achievements at the District, State, National, and International levels are considered (if applicable). Consideration is also given to relevant work experience when forming a shortlist based on student profiles.
Appearing for MBA Selection Process Rounds
The shortlisted candidates must show up for the MBA selection process rounds, which are either run by the MBA colleges separately or through a Centralised Admission Process, once all eligible and qualified candidates have been shortlisted for the next round of the process. Group Discussions, Personal Interviews, and Written Aptitude Tests are the standard rounds of the MBA selection process. Depending on their individual admission requirements, some institutes may conduct all three of these stages, while others may only conduct one.
Final MBA Selection
The relevant authorities start their final MBA selection process after all rounds of the selection process have ended, taking into account all of the previously mentioned factors, such as candidate profile, academic profile, professional experience, entrance exam scores, performance in rounds of the selection process, etc. Only the top applicants are chosen after careful evaluation, and they are then given admission to the relevant management course. It is important to highlight that every factor in the MBA selection process has a different weightage, which varies between B-schools.
Top MBA Specialization Offered at Tier 3 MBA Colleges
MBA specializations are the areas in which an aspirant can specialize in during their MBA course. Specializations help candidates understand different sectors of an organization in more detail and this enables them to become experts in that particular field. Take a look at some popular MBA specializations offered by the top tier 3 MBA colleges in India:
- MBA Marketing
- MBA Finance
- MBA in International Business
- MBA in Human Resource Management
- MBA in Logistics and Supply Chain Management
- MBA in Business Analytics
- MBA in Hospitality Management
- MBA in Hotel Management
- MBA in Data Analytics
- MBA in Information Technology
We hope this article on Tier 3 MBA colleges in India was informative and helpful. Check out the articles mentioned below to learn more about MBA admissions in India!
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