Top 10 Tier 2 MBA Colleges in India: Fees, Cut Off

India has many high-quality MBA colleges across the country, including several recognized as “Tier 2” schools. These colleges offer great programs and produce talented graduates, but they may not rank quite as high as the “Tier 1” schools like the older IIMs or ISB. Here, we’ll explore some of the best Tier 2 MBA colleges in India, which provide excellent education and placement opportunities while remaining affordable and accessible to a wider range of students. With more than 5,000 MBA colleges in India, selecting the right institute can be daunting. Besides the?Tier-1 MBA colleges in India,?one may also consider?tier-2 MBA colleges.

Here’s a detailed guide to the top 10 Tier 2 MBA colleges in India, including their features, and fee structures.

1. Symbiosis Institute of International Business (SIIB)

Founded in 1992, Symbiosis Institute of International Business (SIIB) in Pune is known for its specialization in international business and related fields. Part of Symbiosis International (Deemed University), it’s highly regarded and ranked among India’s top business schools. SIIB offers a well-rounded MBA program with a strong focus on global business, attracting companies like KPMG, CRISIL, and Infosys for placements. SIIB’s combination of global focus and strong placement support makes it an attractive choice for students looking for an internationally oriented-MBA.

MBA Highlights

• Specializations: International Business, Agribusiness, and Energy and Environment.
• Admission: Based on SNAP scores.
• Fee: Around INR 12-18 lakh for the entire MBA program.
• Placement: Average salaries range between INR 10-12 lakh per year, with the highest packages going up to INR 24.65 lakh.

2. Institute of Management, Nirma University

Overview

Nirma University, located in Ahmedabad, Gujarat, started its management institute in 1996. Known for its academic quality, the Institute of Management at Nirma University offers MBA programs with a balanced curriculum, combining theory with practical exposure. Nirma University’s Institute of Management offers strong regional recognition and affordable tuition, making it a popular choice in Gujarat for the MBA Program. Which is why, It has been recognized as one of the best Tier 2 MBA institutions.

MBA Highlights

• Specializations: General Management, Finance, Marketing, and more.
• Admission: Based on CAT scores and other entrance exams.
• Campus: A well-equipped 115-acre campus with modern facilities.

3. Goa Institute of Management (GIM)

Overview

The Goa Institute of Management (GIM), established in 1993, is well-regarded nationally and ranked 37th by NIRF for management programs. GIM’s innovative MBA programs in Healthcare Management, Big Data Analytics, and other areas have drawn attention for their relevance to today’s business landscape. GIM is ideal for students interested in specialized management areas and offers a high level of placement support.

MBA Highlights

• Specializations: General Management, Healthcare Management, and Big Data Analytics.
• Accreditation: Accredited by NBA, SAQS, and a member of global networks like AACSB.
• Placement: Companies like Deloitte, HUL, and Infosys participate in placements, offering competitive salaries.

4. Indian Institute of Management (IIM) Raipur

Overview

IIM Raipur was established in 2010 as part of the Government of India’s expansion of the IIM network. This institute has quickly developed a solid reputation for quality management education and is well-respected for its focus on emerging markets and leadership skills. With its strong academic environment, IIM Raipur is popular among students looking to study at a new-generation IIM with affordable fees.

MBA Highlights

• Specializations: General Management with elective choices across finance, marketing, operations, and more.
• Admission: Based on CAT scores.
• Placement: High placement rates with participation from top companies.

5. Indian Institute of Management (IIM) Udaipur

Overview

Founded in 2011, IIM Udaipur is one of the younger IIMs, but it has quickly gained a strong reputation. Accredited by AACSB, it offers programs that combine theoretical knowledge with practical skills, preparing students for leadership roles in diverse fields. IIM Udaipur’s AACSB accreditation and strong placements make it a sought-after choice among Tier 2 MBA colleges in India.

MBA Highlights

• Specializations: MBA, Executive MBA.
• Placement: Companies such as Goldman Sachs, Bain & Co., and Accenture frequently recruit from IIM Udaipur.

6. Indian Institute of Management (IIM) Rohtak

Overview

Established in 2009, IIM Rohtak is among the top new-generation IIMs, providing a range of management programs that cater to different career stages, from early career professionals to senior executives. IIM Rohtak is known for offering innovative programs like the Five-Year Integrated Program in Management (IPM) and Executive PGPs. IIM Rohtak provides flexibility and a range of programs, making it a great option for students looking for a diverse MBA experience.

MBA Highlights

• Specializations: General Management, Executive MBA.
• Accreditation: Member of AACSB.
• Placement: Top recruiters include companies in the finance, consulting, and technology sectors.

7. Indian Institute of Management (IIM) Tiruchirappalli (IIM Trichy)

Overview

IIM Tiruchirappalli, or IIM Trichy, was established in 2011 and is known for its well-rounded MBA programs and academic excellence. It’s ranked 27th by NIRF 2024, highlighting its growing reputation. IIM Trichy offers both traditional MBA and specialized programs for executives and HR professionals. With its balanced curriculum and strong industry connections, IIM Trichy is a good choice for students interested in a broad-based MBA education.

MBA Highlights

• Specializations: General Management, PGPM-HR.
• Accreditation: Accredited by AMBA and a member of AACSB.
• Placement: Strong placement support with top firms visiting the campus.

Conclusion

In India, Tier 2 MBA colleges provide high-quality education, diverse specialization options, and strong placements. While they may not have the same national prestige as Tier 1 colleges, these institutes offer excellent programs at more affordable rates, making them accessible to a larger number of students. Many of these colleges are growing rapidly, gaining reputation, and enhancing their facilities to give students a strong foundation in business management.

Also Read Here:

• Best MBA Colleges in Chennai
• Best MBA Colleges in Indore
• Best MBA Colleges in India

FAQs

1. What is a Tier 2 MBA college?

Tier 2 MBA colleges offer quality education and placements but aren’t ranked as high as the top institutes like IIM Ahmedabad or ISB.

2. How do I get into a Tier 2 MBA college?

Admission usually requires scores from exams like CAT, SNAP, or other recognized tests, followed by interviews.

3. Are placements good in Tier 2 MBA colleges?

Yes, many Tier 2 colleges have good placement rates, with companies offering competitive packages.

4. Are Tier 2 colleges worth it?

Yes, Tier 2 MBA colleges offer strong programs at affordable rates and have a good return on investment for students looking to start or advance their careers in business.