Tier 2 MBA Colleges in India

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. 
Examples IIM Ahmedabad, IIM Bangalore, XLRI Jamshedpur IRMA, MICA, IMT Ghaziabad, IIM Rohtak 

Also Read: Tier 1 MBA Colleges in India

List of Tier 2 MBA Colleges in India 

  1. 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) 
  • Top Recruiters (Sector Wise)
Sector Top Recruiters Offer (%) 
Automobile & Aviation Mahindra & Mahindra Ltd., Exide Industries Limited (auto batteries), Bharat Forge (auto components), Maruti Suzuki, Indigo    
Finance/Banking IDFC Bank First, ICICI Bank, ICICI Lombard, TATA AIG, Kotak Mahindra Bank, IIFL, Finance, Hero Fincorp   
Consulting GEP , Knowcraft Analytics, Capgemini, Technology Services, India Limited, Everest Group, KPMG   
FMCG Godrej, VGL, Asian Paints, Marico, Berger Paints   
E-Commerce Flipkart, Amazon, Swiggy   
IT Technology Wipro, Infosys, Accenture, Technology, SLK Digital Pvt. Ltd.    
Logistic Delhivery, L&T Technological Services, Incture Technologies      
Manufacturing 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 
  1. 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 
Finance Axis Bank, IDBI, SBI Caps, Barclays 29 
General Management & HR Aditya Birla Capital, Jindal Power, MI, IIFL Finance 15 
  1. 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 
  1. 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 ProgramExecutive 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 42.8 
IT/Analytics Infosys, TCS (Tata Consultancy Services), Wipro, Cognizant 19.2 
Manufacturing/ Supply chain Tata Motors, Yamaha, Hyundai, Eicher 12.4 
Consulting KPMG, PwC, Accenture, Tiger Analytics 9.2 
FMCG 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 
  1. 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 
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! 

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