Tier 2 MBA Colleges in India: Many MBA aspirants dream of studying at a top B-school in India. However, getting into the most prestigious institutes is extremely competitive. Every year, more than 2.5 lakh candidates appear for the Common Admission Test (CAT). But the number of seats available at top institutes like Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, and Indian Institute of Management Calcutta is limited. As a result, only a small percentage of applicants manage to secure admission.
This is where Tier 2 MBA colleges in India play an important role. These institutes offer quality management education along with strong career opportunities. Many of them have experienced faculty, industry-focused curriculum, and good corporate connections that help students build successful careers.
Over the years, several Tier 2 B-schools have significantly strengthened their brand reputation, academic standards, and placement performance. Well-known institutes in this category include Great Lakes Institute of Management Chennai, T. A. Pai Management Institute (TAPMI), and International Management Institute Delhi.
These colleges regularly attract recruiters from sectors such as consulting, banking, finance, and technology. The average salary packages at many Tier 2 MBA colleges typically range between ₹10 LPA to ₹21 LPA, although the final package largely depends on the student’s specialization, skills, and current industry demand.
One of the biggest advantages of Tier 2 MBA colleges is their more accessible admission criteria. While top IIMs usually require CAT percentiles of 98–99 or higher, many Tier 2 institutes consider candidates with CAT percentiles between 85 and 95. This opens the door for a larger number of students to pursue quality management education.
Overall, Tier 2 MBA colleges in India provide a practical and rewarding pathway for students who want to build a strong career in management. With improving infrastructure, strong industry connections, and promising placement opportunities, these institutes continue to attract MBA aspirants from across the country. Read further to explore more details about Tier 2 MBA colleges in India and their admission opportunities.
Table of Contents
Top 10 Tier 2 MBA Colleges in India
Tier 2 MBA Colleges in India: Accepted Entrance Exam(s)
Tier 2 MBA Colleges in India with Fees Structure
Tier 2 MBA Colleges in India: Average Package & Highest Package
Conclusion
Top 10 Tier 2 MBA Colleges in India
Choosing the Right MBA College: Selecting the right college plays a crucial role in shaping your MBA journey and future career. While many aspirants aim for top institutes like the IIMs, not everyone is able to secure admission there due to intense competition. This is where Tier-2 MBA colleges in India become a great alternative. These institutes provide strong academic programs, good placement opportunities, internships, and valuable industry exposure.
Several well-known Tier-2 B-schools have built a strong reputation for their quality education and corporate connections. Some of the popular institutes include T. A. Pai Management Institute (TAPMI), International Management Institute Delhi, Symbiosis Institute of Business Management Bengaluru, Goa Institute of Management, and ICFAI Business School Hyderabad.
These colleges offer competitive placement packages, with the highest packages in some institutes typically ranging between ₹21 LPA and ₹70 LPA. The MBA program fees at many Tier-2 colleges generally fall between ₹10 lakh and ₹23 lakh, which often results in a better return on investment (ROI) compared to several private business schools.
Another advantage of these institutes is their strong recruiter network. Leading companies such as Amazon and Deloitte, along with major banks and consulting firms, regularly participate in campus placements at many Tier-2 MBA colleges.
Overall, pursuing an MBA from a Tier-2 B-school can still lead to a successful management career, even if you do not achieve a 99+ percentile in the Common Admission Test. These institutes continue to offer quality education, industry exposure, and promising career opportunities. Learn more about Tier-2 MBA colleges in India, including their fees, average salary packages, and admission details.
- K. J. Somaiya Institute of Management Studies and Research, Mumbai
- T. A. Pai Management Institute, Manipal (TAPMI)
- Symbiosis Institute of Business Management, Bangalore
- International Management Institute (IMI), Delhi
- Great Lakes Institute of Management, Chennai
- Indian Institute of Management (IIM) Ranchi
- Institute of Management, Nirma University
- Indian Institute of Management (IIM) Raipur
- ICFAI Business School, Hyderabad
- Xavier Institute of Social Service, Ranchi
Tier 2 MBA Colleges in India: Accepted Entrance Exam(s)
Tier-2 MBA colleges in India accept scores from multiple entrance tests. This includes CAT/XAT/GMAT/NMAT/CMAT. The most commonly accepted entrance exam is CAT. A few B-schools also organise their own entrance tests. Most Tier-2 colleges accept the 85-95 percentile in CAT or equivalent in other tests. After the entrance test, candidates are shortlisted for the WAT, GD, and PI for MBA admissions. Here is the list of Tier 2 MBA colleges in India with the entrance exam:
| MBA Colleges in India | Exam Accepted |
| K. J. Somaiya Institute of Management Studies and Research, Mumbai | CAT/XAT/GMAT/NMAT/CMAT |
| T. A. Pai Management Institute, Manipal (TAPMI) | CAT / XAT / NMAT / GMAT |
| Symbiosis Institute of Business Management, Bangalore | SNAP |
| International Management Institute (IMI), Delhi | CAT/XAT/GMAT |
| Great Lakes Institute of Management, Chennai | CAT/XAT/GMAT |
| Indian Institute of Management (IIM) Ranchi | CAT |
| Institute of Management, Nirma University | CAT |
| Indian Institute of Management (IIM) Raipur | CAT |
| Indian Institute of Management (IIM) Tiruchirappalli | CAT |
| Indian Institute of Management (IIM) Rohtak | CAT |
| Indian Institute of Management (IIM) Udaipur | CAT |
| Goa Institute of Management (GIM), Goa | XAT/CAT/GMAT |
| DoMS, IIT Madras | CAT |
| Xavier Institute Of Management & Entrepreneurship, Bangalore | XAT / CAT / CMAT / MAT / ATMA / GMAT |
| SIMS Pune | SNAP |
| Indian Institute of Management (IIM) Kashipur | CAT |
| DoMS, IIT Roorkee | CAT |
| ICFAI Business School, Hyderabad | CAT/NMAT/XAT/GMAT |
| Xavier Institute of Social Service, Ranchi | CAT/XAT/CMAT |
| DoMS IIT Kanpur | CAT |
Tier 2 MBA Colleges in India with Fees Structure
Tier 2 MBA Colleges in India with Low Fees: Many MBA aspirants search for Tier 2 colleges that offer quality education at a reasonable cost, as pursuing an MBA is a significant financial investment. Fortunately, several reputed B-schools in India provide strong academic programs, industry exposure, and good placement opportunities while keeping the fee structure comparatively affordable.
In most Tier-2 MBA colleges, the total program fee usually ranges between ₹9 lakh and ₹21 lakh for the entire course. For instance, the MBA program at Xavier Institute of Management and Entrepreneurship Bangalore (XIME Bangalore) costs around ₹12.90 lakh for two years. Similarly, the MBA/PGPM program at ICFAI Business School Hyderabad generally has a fee of about ₹17.01 lakh.
Despite having relatively lower fees compared to many top private B-schools, these institutes still maintain strong placement records. The average salary packages offered at many Tier-2 MBA colleges typically range between ₹10 LPA and ₹21 LPA, depending on the specialization, recruiter demand, and overall market conditions.
Another advantage is that many institutes provide financial support options for students. These may include merit-based scholarships, education loan assistance, and fee waivers for deserving candidates. Such initiatives help make management education more accessible for students from different financial backgrounds.
Below is a list of Tier 2 MBA colleges in India along with their approximate fee structures, which can help aspirants choose a suitable institute based on their budget and career goals.
| MBA College / Institute | Fees (Approx.) |
| K. J. Somaiya Institute of Management Studies and Research, Mumbai | INR 23 Lakhs |
| T. A. Pai Management Institute, Manipal (TAPMI) | INR 19.4 Lakhs |
| Symbiosis Institute of Business Management, Bangalore | INR 21.40 Lakhs |
| International Management Institute (IMI), Delhi | INR 23.54 Lakhs |
| Great Lakes Institute of Management, Chennai | INR 22.50 Lakhs |
| Indian Institute of Management (IIM) Ranchi | INR 19.20 Lakhs |
| Institute of Management, Nirma University | INR 14 Lakhs-INR 15 Lakhs (Expected) |
| Indian Institute of Management (IIM) Raipur | INR 20 Lakhs |
| Indian Institute of Management (IIM) Tiruchirappalli | IN 14.50 Lakhs |
| Indian Institute of Management (IIM) Rohtak | INR 17.90 Lakhs |
| Indian Institute of Management (IIM) Udaipur | INR 21.50 Lakhs |
| Goa Institute of Management (GIM), Goa | INR 21.45 Lakhs |
| DoMS, IIT Madras | INR 13 Lakh – INR 15 Lakh (Expected) |
| Xavier Institute Of Management & Entrepreneurship, Bangalore | INR 12.90 Lakhs |
| SIMS Pune | INR 16 Lakhs – INR 21 Lakhs (Expected) |
| Indian Institute of Management (IIM) Kashipur | INR 17 Lakhs (Expected) |
| DoMS, IIT Roorkee | INR 9.74 Lakhs |
| ICFAI Business School, Hyderabad | INR 17.01 Lakhs |
| DoMS IIT Kanpur | INR 56,160 (1st Semester) |
Tier 2 MBA Colleges in India: Average Package & Highest Package
Placement Statistics of Tier-2 MBA Colleges in India: The placement performance of many Tier-2 MBA colleges in India is quite impressive, which is one of the main reasons they attract a large number of MBA aspirants every year. On average, salary packages at these institutes typically range between ₹10 LPA and ₹18 LPA, although the exact figures can vary depending on factors such as specialization, industry demand, and current market conditions.
Several reputed Tier-2 B-schools regularly report strong placement outcomes. Institutes like Symbiosis Institute of Business Management Bengaluru, Indian Institute of Management Raipur, and ICFAI Business School Hyderabad are known for their consistent placement performance and industry connections.
In many cases, the highest salary packages offered at these colleges can reach anywhere between ₹30 LPA and ₹70 LPA, depending on the recruiter and the student’s profile. Leading companies such as Amazon, Deloitte, and Accenture frequently participate in campus placements at several Tier-2 MBA institutes.
Overall, these placement figures highlight that Tier-2 MBA colleges can provide strong career opportunities and a solid return on investment (ROI) for management aspirants. Below is a list of Tier-2 MBA colleges in India along with their average and highest salary packages to help students compare their options more effectively.
| MBA College / Institute | Placement Package |
| K. J. Somaiya Institute of Management Studies and Research, Mumbai | INR 12 LPA-INR 27 LPA |
| T. A. Pai Management Institute, Manipal (TAPMI) | INR 13 LPA-INR 32 LPA |
| Symbiosis Institute of Business Management, Bangalore | INR 14 LPA-INR 24 LPA |
| International Management Institute (IMI), Delhi | INR 17 LPA-INR 40 LPA |
| Great Lakes Institute of Management, Chennai | INR 15 LPA-INR 39 LPA |
| Indian Institute of Management (IIM) Ranchi | INR 19 LPA-INR 50 LPA |
| Institute of Management, Nirma University | INR 11 LPA-INR 70 LPA |
| Indian Institute of Management (IIM) Raipur | INR 18 LPA-INR 33 LPA |
| Indian Institute of Management (IIM) Tiruchirappalli | INR 19.27 LPA (Average Package) |
| Indian Institute of Management (IIM) Rohtak | INR 18 LPA-INR 36 LPA |
| Indian Institute of Management (IIM) Udaipur | INR 18 LPA-INR 47 LPA |
| Goa Institute of Management (GIM), Goa | INR 15 LPA-INR 32 LPA |
| DoMS, IIT Madras | INR 17 LPA-INR 35 LPA |
| Xavier Institute Of Management & Entrepreneurship, Bangalore | INR 10 LPA-INR 15 LPA |
| SIMS Pune | INR 15 LPA-INR 21 LPA |
| Indian Institute of Management (IIM) Kashipur | INR 14 LPA-INR 33 LPA |
| DoMS, IIT Roorkee | INR 17 LPA-INR 24 LPA |
| ICFAI Business School, Hyderabad | INR 9 LPA-INR 21 LPA |
| Xavier Institute of Social Service, Ranchi | INR 9 LPA-INR 21 LPA |
| DoMS IIT Kanpur | INR 17 LPA-INR 36 LPA |
Conclusion
With the right preparation and strategy, getting into a top Tier 2 MBA college is absolutely achievable. These colleges offer quality education, strong industry exposure, and excellent placement opportunities. Focus on your goals, plan your preparation well, and stay consistent — your hard work can open doors to a successful and rewarding management career.