Tier 2 B-Schools are the next tier of elite MBA colleges in India, offering strong ROI and placements just below the absolute top. Institutions like IIM Udaipur, IIM Rohtak, IRMA, etc. are prime Tier 2 B-Schools. These excel in academics, industry exposure, faculty expertise, placements (₹20-30 LPA average), and robust alumni networks. Here is a list of Tier 2 colleges in India, their fees, placements, and cut-offs.
Tier 2 MBA Colleges
What is Tier 2 Colleges?
Tier 2 MBA colleges represent solid management schools offering quality education, decent infrastructure, and reliable placements, ranking just below elite Tier 1 institutions like IIM Ahmedabad, IIM Bangalore, or ISB Hyderabad. These B-schools maintain rigorous selection processes, experienced faculty, active corporate connections, and attractive returns on investment. While they lack the nationwide or global brand prestige of top-tier peers, they provide substantial career-building prospects for ambitious students.
Difference between Tier 1 & Tier 2 Colleges
Parameter
Tier 1 Colleges
Tier 2 Colleges
Admission & Competition
These institutions have exceptionally low acceptance rates (often <10%), requiring top-tier scores in national exams
These colleges have high, yet lower, cutoff scores compared to Tier 1.
Placements & Salary
It offers the highest-paying, high-profile roles with stronger, well-established industry connections
It offers decent, solid, or average placements, sometimes relying more on mass recruiters than boutique/top firms.
Reputation & Network
Tier 1 colleges hold a strong, sometimes global, reputation with extensive alumni networks
Tier 2 colleges are often well-regarded regionally or nationally, but have less influence than Tier 1
Faculty & Research
It often boasts industry-leading faculty, advanced research, and superior infrastructure
It provides good, solid academic instruction, but may not offer the same level of research funding or labs.
IIM Udaipur: IIM Udaipur (IIMU) is one of the top tier 2 MBA Colleges in India. It founded in 2011 as a second-generation IIM, has rapidly emerged as a leader among newer IIMs with its focus on research excellence and global standards.IIMU commits to thought leadership in management research, values-based education, and creating responsible leaders through AACSB-accredited programs.
Location: Balicha Campus, Udaipur, Rajasthan
Fees: 21.33 Lakh
Required Entrance Exam: CAT
Cut-Off: 95+ General
Flagship Program: Post Graduate Program (PGP)
Exclusive Program: Executive MBA (EMBA)
Other Courses: MBA in Global Supply Chain Management (GSCM), MBA in Digital Enterprise Management (DEM)
UltraTech Cement Limited V-Guard Industries Ltd. Adani Group Vedanta
Package
Parameter
Details
Highest Package
INR 47.65 LPA
Average Package
INR 17.58 LPA
Median Package
INR 18 LPA
IIM Rohtak: IIM Rohtak (IIM-R), established in 2009, stands as one of India’s newer IIMs with a strategic NCR location and rapid rise as a management education hub. It is one of the finest tier 2 B-School. With progressive leadership and acclaimed faculty, it emphasizes cross-functional management education to develop ethical leaders capable of building powerful organizations, blending rigorous pedagogy with global aspirations.
Location: NH-10, Rohtak
Fees: INR 19 – 20 Lakh
NIRF Ranking: 19
Cut-off: 95+ Percentile for General
Flagship Program: MBA
Exclusive Program: ePGDM, PGPx, MMS
Other Courses: IPM
Top Recruiters (Sector Wise):
Sector
Top Recruiters
Offer (%)
Sales & Marketing
Dell, Ultratech, Adobe, Bloomberg
30
Product Management, IT & Operations
L&T, Amazon, Decathlon, Maruti Suzuki
18
Consulting
Frost & Sullivan, EY, Gartner
8
Finance
Axis Bank, IDBI, SBI Caps, Barclays
29
General Management & HR
Aditya Birla Capital, Jindal Power, MI, IIFL Finance
15
Goa Institute of Management (GIM): Goa Institute of Management (GIM), is a leading autonomous B-school in North Goa renowned for blending ethics, sustainability, and global management education. Ranked among India’s top 50 B-schools (NIRF), it boasts 100% placements, 7,000+ alumni, and strong industry ties in consulting, IT, and BFSI—making it a compelling choice for CAT aspirants seeking purpose-driven careers.
Location: Pariye, Goa
Fees: INR 21.45 Lakhs
NIRF Ranking: 43
Required Exam: CAT, XAT OR GMAT
Cut-Off: 85 Percentile in CAT & XAT
Flagship Program: PGDM
Exclusive Program: HYBRID PGDM
Other Courses: HCM. Healthcare Management, BDA. Big Data Analytics, BIFS. (Full-time) Banking, Insurance and Financial Services, FPM.
Top Recruiters (Sector-wise):
Sector
Top Recruiters
Offer (%)
Financial Services/Banking
Axis Bank, ICICI Bank, TATA Capital, SBI General
31.68
Information Technology
HCL, Infosys, Dell Technologies, Mphasis
18.86
Manufacturing
L&T, Lam Research, Schneider Electric
8.19
Consulting
EY, Gartner, KPMG, PwC
7.83
FMCG
Asian Paints, Godrej, Johnson & Johnson, GSK
7.47
Package:
Parameter
Details (LPA)
Highest Package
INR 32.30 LPA
Average Package
INR 15.13 LPA
Median Package
INR 15 LPA
IIM Bodhgaya: IIM Bodh Gaya (IIM-BG), established in 2015 as the 16th IIM, is a third-generation institute mentored by IIM Calcutta. Focused on developing “socially responsible managers and emotionally mature leaders,” it delivers a rigorous MBA curriculum through case studies, fieldwork, and corporate workshops, alongside India’s IPM (BBA+MBA) program with rural immersion requirements.
Location: Prabandh Vihar, Bodh Gaya, Turi Khurd, Bihar
Fees: INR 16-17 Lakhs
NIRF Ranking: 31
Cut-Off: 94-95 Percentile for General
Flagship Program: MBA
Exclusive Program: Executive MBA, Executive PhD in Management
Other Courses: MBA in Digital Business Management, MBA in Hospital & Healthcare Management, Integrated Program in Management (IPM)
Top Recruiters (Sector wise):
Sector
Top Recruiters
Offer (%)
BFSI
ICICI Bank, HSBC, Axis Bank, Bandhan Bank, ICICI Prudential, IDBI Bank
ITC, HUL (Hindustan Unilever), Nestlé, Tata Consumer Products
16.4
Package:
Parameter
Details (LPA)
Highest Package
INR 22 LPA
Average Package
INR 13 LPA
Median Package
INR 12 LPA
Narsee Monjee Institute of Management Studies (NMIMS): Narsee Monjee Institute of Management Studies (NMIMS) Mumbai is a leading private deemed university renowned for its strong MBA programs, modern infrastructure, and consistent placement success. Established in 1981, NMIMS has grown into a multi-campus network across Mumbai (main campus), Navi Mumbai, Bangalore, Hyderabad, Indore, and Shirpur, offering diverse programs in management, engineering, pharmacy, law, and more.
Location: Vile Parle West, Mumbai
Fees: INR 22-24 Lakhs
NIRF Ranking: 24
Required Exam: NMAT
Cut-Off: 209-232+ (scored out of 360)
Flagship Program: MBA HR
Exclusive Program: MBA Dual Degree, EMBA, MBA in Social Entrepreneurship, MBA in Business Analytics
Other Courses: BDes, BA (Liberal Arts), BSc (Economics/Finance), BCom, BBA (Branding/Hospitality), and BTech in Artificial Intelligence or Mechatronics
Top Recruiters (Sector wise):
Sector
Top Recruiters
Offer (%)
BFSI
American Express, Angel One, Axis Bank, TATA AIG
33
Startup, Logistic & E-Commerce
FedEx, Zepto, Flipkart, Swiggy
6
IT & Analytics
Google, Cipla, Microsoft, Airtel
14
Manufacturing
TVS, Everest, Shell, Air India
11
FMCG
P7G, ITC, Godrej, Britania
17
Consulting
KPMG, Accenture, McKinsey & Com., Cognizant
19
Package:
Parameter
Details (LPA)
Highest Package
INR 67.70 LPA
Average Package
INR 25.13 LPA
Top Tier 2 B-School in India for MBA
College
Required Exam
Average Package (LPA)
Fees (LPA)
International Management Institute
CAT, XAT, GMAT
16.71
22.25
Indian Institute of Management Sirmaur
CAT
13.93
16
Institute of Rural Management Anand
CAT, XAT, CMAT
14.14
16.8
T. A. Pai Management Institute
CAT, XAT, GMAT, NMAT
13.84
19.45
Xavier University, School of Human Resource Management
CAT, XAT, GMAT, X-GMT, NMAT
17.02
24.2
SIOM – Nashik – MBA Operations
SNAP
14.7
18.44
IMT Ghaziabad – PGDM
CAT, GMAT, XAT
16.25
20.8
IIT Guwahati – MBA
CAT
10.13
5.55
Symbiosis Institute of International Business
SNAP
13.5
20.92
Shri Ram College Delhi – PGDM GBO
SRCC GBO
12.5
4.7
Conclusion
In conclusion, Tier 2 MBA colleges in India—government powerhouses like IIM Udaipur, IIM Rohtak, alongside private champions such as NMIMS, IMT Ghaziabad, and GIM Goa—deliver exceptional career launches in consulting, BFSI, IT, FMCG, and manufacturing, with average packages of ₹20-30 LPA and growing alumni influence across top recruiters from your sector lists. These institutes balance prestige with accessibility through CAT/XAT cutoffs (95-98ile range), offering strong ROI at moderate fees (₹15-25 lakhs), innovative specializations, and superior campus life compared to lower tiers. Ready to ace CAT 2026 and land your Tier 2 dream call? Join Route99 CAT Coaching for personalized mentoring, proven strategies & strong results. Transform your MBA journey today!