Making a list of Tier 1 MBA colleges in India? We got you!
Futurense has made a comprehensive list of Tier 1 MBA colleges in India, so you don’t have to. India has more than 5,000 MBA colleges, but only a few make it to the top of the list. Let’s see which ones those are!
An MBA from a Tier 1 university is the gold standard of management education in India. It easily opens doors to the top leadership roles and guarantees you a lucrative career path. This guide provides you with a data-backed and definitive list of premier Indian business schools.
India's top 10 B Schools
India's top 10 B schools comprise multiple institutes, including Both Government and private Institutions.
The IIM Trinity
IIM Ahmedabad, IIM Bangalore, and IIM Calcutta, also known as the IIM trinity, are the top three MBA colleges in the country. Let’s explore them one by one.
1. Indian Institute of Management Ahmedabad (IIM A)
- Top Recruiters: Boston Consulting Group (BCG), Accenture Strategy, Goldman Sachs, HSBC, Amazon, Microsoft
- NIRF 2025 Ranking: 1
- Primary Entrance Exam: CAT
- Programs offered:
- Post-graduate Program in Management (PGP)
- Post Graduate Program in Management for Executives (PGPX)
- Fellow Program in Management (FPM)
- Post Graduate Program in Food and Agri-business Management (PGP-FABM)
- Fees: 15 - 35 Lakhs
- Top Recruiters: Boston Consulting Group (BCG), Accenture Strategy, Goldman Sachs, HSBC, Amazon, Microsoft
Placement Stats (2025)
2. Indian Institute of Management Bangalore (IIM B)
- NIRF 2025 Ranking: 2
- Primary Entrance Exam: CAT
- Programs Offered:
- Post Graduate Program (PGP)
- PGP (Business Analytics)(MBA(BA))
- EPGP (Executives)
- PGP in Enterprise Management
- Post Graduate Program in Public Policy and Management
- BSc Honors – Economics, Data Science
- BBA in Digital Business and Entrepreneurship (BBA DBE)
- Doctoral Program (Ph.D.).
- Fees: 26 Lakhs to 35 Lakhs
- Top Recruiters: Accenture Strategy, Boston Consulting Group, Bain & Company, Microsoft, Google, McKinsey & Company, American Express, Goldman Sachs, JP Morgan Chase, Barclays, and Citibank.
3. Indian Institute of Management Calcutta (IIMC)
- NIRF 2025 Ranking: 7
- Primary Entrance Exam: CAT
- Programs Offered:
- Post Graduate Program (PGP)
- Post Graduate Diploma in Business Analytics (PGDBA)
- Post Graduate Program for Executives (PGPEX)
- Doctoral Program (Ph.D. in Management)
- Executive MBA (EMBA)
- Post Graduate Program in Enterprise Management (PGPEM)
- Post Graduate Program in Human Resource Management (PGDHRM)
- Post Graduate Program in Sustainable Management (PGP-SM)
- Fees: 26 Lakhs to 35 Lakhs
- Top Recruiters: Accenture Strategy, Boston Consulting Group, Bain & Company, Microsoft, Google, McKinsey & Company, American Express, Goldman Sachs, JP Morgan Chase, Barclays, and Citibank.
4. XLRI - Xavier School of Management, Jamshedpur
- NIRF 2025 Ranking: 10
- Primary Entrance Exam: XAT (Xavier Aptitude Test), GMAT (Candidates with work experience
- Programs Offered:
- PGDM (HRM)
- PGDM (BM)
- PGDM (GM)
- PGDM (IEV)
- PGDM (LSCM)
- Fees: 3 Lakhs to 30 Lakhs
- Top Recruiters: McKinsey, BCG, Bain & Company, PwC, KPMG, Goldman Sachs, Citi, Axis Bank, Barclays, HSBC, Kotak Mahindra Bank, Deutsche Bank, Microsoft, Amazon, Flipkart, Zomato, and Nisho.
5. Indian Institute of Management, Kozhikode
- NIRF 2025 Ranking: 3
- Primary Entrance Exam: CAT
- Programs Offered: PGP in Finance, Accounting and Control, Human Resources, Information Systems, Marketing Management, and Operations
- Fees: 22.5 Lakhs to 30 Lakhs
- Top Recruiters: Boston Consulting Group (BCG), McKinsey & Company, Bain & Co., Accenture Strategy, Deloitte, KPMG, PwC, Goldman Sachs, Axis Bank, Barclays, DE Shaw and Co., Kotak, Piramal, HSBC, and ICICI Bank.
While Tier 1 MBA colleges, such as IIMs and XLRI, are top choices for many aspirants, there’s a rising demand for tech-driven management programs.
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Want to build a high-impact career at the intersection of business and tech? This program can give you that edge.
Apart from the mentioned colleges, here are some other Tier 1 colleges in India for MBA with their fees and placement stats:
Conclusion
India has more than 5,000 Management Colleges, and with our population, one has to face fierce competition to secure a spot in the country’s top Business Schools. In fact, the acceptance rate for the top IIMs (ABC) is less than 0.2%! Preparing well for every stage, including the MBA admission interview, can make a big difference in your selection journey. We wish you all the best for your Business Education journey!
Frequently Asked Questions
What are Tier 1 colleges?
Tier 1 colleges are the top colleges in the country with an exceptional track record.
Which are the Tier 1 colleges for MBA in India?
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI Jamshedpur, IIM Kozhikode are some of the Tier 1 MBA colleges in India.



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