Tier 2 MBA Colleges in India: While the IIMs and a few other B-schools are often considered the dream destination for MBA aspirants, they aren’t the only great options out there.
India has a strong set of Tier 2 MBA colleges that offer excellent placements, good faculty, strong alumni networks, and a solid return on investment. Many of these colleges have shown consistent growth in recent years and are preferred by thousands of CAT aspirants each year.
In this blog, we’ll discuss the top Tier 2 MBA colleges in India based on placement performance, fee structure, and CAT cutoffs.
Table of Contents
What are Tier 2 MBA Colleges?
Tier 2 colleges are B-schools that are just below the top 10–15 colleges (like IIM ABC, XLRI, FMS, SPJIMR, etc.). They may not have the same brand recall as Tier 1 institutes, but still provide great career opportunities, especially for students who make the most of their 2 years on campus.
Read More: CAT 2025
List of Top Tier 2 MBA Colleges in India
Here’s a quick overview of some of the top Tier 2 MBA colleges in India:
|
College Name |
Program | Cluster | Avg CTC (In LPA) | Median CTC (In LPA) | Highest CTC (In LPA) | Fees (in Lakhs) | ROI |
| IIT Bombay -SJSOM | MBA | 2A | 28.01 | 26.73 | 72.00 | 14.77 |
1.90 |
|
Indian Institute of Foreign Trade (IIFT) |
MBA | 2A | 27.30 | 25.00 | 75.60 | 21.32 | 1.28 |
| IIM Shillong | MBA | 2A | 26.10 | 25.67 | 71.50 | 26.18 |
1.00 |
|
IIM Mumbai ( Former NITIE) |
MBA | 2A | – | – | 54.00 | 21.00 | NA |
| IIT Delhi -DMS | MBA | 2B | 25.82 | 24.45 | 41.13 | 12.00 |
2.15 |
|
Symbiosis Institute of Business Management (SIBM) |
MBA | 2B | 28.16 | 25.00 | 49.00 | 24.59 | 1.15 |
|
Symbiosis Centre for Management and HRD (SCMHRD) |
MBA | 2B | 24.28 | 22.80 | 38.00 | 27.06 | 0.90 |
| Narsee Monjee Institute of Management Studies (NMIMS Mumbai) | MBA – Core | 2B | 25.13 | – | 67.70 | 25.00 |
1.01 |
|
Jamnalal Bajaj Institute of Management Studies |
MSc Finance | 2B | 18.00 | – | 30.00 | 6.00 | 3.00 |
| Mudra Institute of Communications, Ahmedabad (MICA) | PGDM-C | 2B | 19.21 | 18.00 | 35.50 | 26.00 |
0.74 |
|
BITSOM Mumbai |
MBA | 2B | 23.41 | 24.00 | 50.00 | 28.55 | 0.82 |
| IIM Trichy | MBA | 2C | 19.43 | 18.24 | 43.69 | 14.50 |
1.34 |
|
IIM Udaipur |
MBA | 2C | 18.77 | 18.00 | 47.66 | 20.43 | 0.92 |
| IIM Raipur | MBA | 2C | 18.15 | – | 42.29 | 18.00 |
1.01 |
|
Indian Institute of Science (IISc) |
M.Mmgt | 3a | – | – | – | 5.30 | NA |
| Xavier Institute of Management (XIMB) | MBA -BM | 3A | 19.53 | 18.37 | 30.00 | 24.40 |
0.80 |
|
IIT Kharagpur -VGSOM |
MBA | 3A | 22.13 | 21.04 | 43.37 | 11.59 | 1.91 |
|
IIT Madras – DMS |
MBA | 3A | 16.93 | 16.39 | 29.65 | 11.00 |
1.54 |
| IIM Kashipur | MBA | 3A | 15.04 | 15.03 | 29.86 | 12.00 |
1.25 |
|
IIM Ranchi |
MBA | 3A | 18.69 | 18.00 | 37.80 | 17.50 | 1.07 |
| IIM Rohtak | MBA | 3B | 19.27 | 17.00 | 48.25 | 17.90 |
1.08 |
|
IIM Ranchi |
MBA-HRM | 3B | 18.37 | 18.22 | 33.97 | 17.50 |
1.05 |
Note: All data is approximate and based on publicly available information from the latest admission cycles.
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Why Consider Tier 2 MBA Colleges?
-
- Decent Placements: Most of these colleges offer average packages between ₹11–17 LPA, with some top offers exceeding ₹25 LPA.
- Diverse Specializations: Apart from traditional MBA programs, many of these colleges offer niche programs in Communication (MICA), Rural Management (IRMA), or Healthcare Management (Welingkar).
- Strong Industry Connect: Regular guest lectures, live projects, and summer internships with reputed brands enhance your exposure.
- Decent ROI: Many colleges have a moderate fee structure compared to the average package offered—making them attractive from an ROI perspective.
Also check: Why should one pursue an MBA?
How to Choose the Right Tier 2 B-School?
Here are a few things to keep in mind:
- Check the specialization strength – For example, MICA is unmatched in marketing communication, IRMA in rural management, and TAPMI in banking & finance.
- Evaluate ROI – Weigh average placements vs total fee + cost of living.
- Look at past placement reports – Focus on median CTC, profiles offered, and recruiter list.
- Consider city location – Colleges in metro cities like Delhi or Mumbai tend to offer better networking opportunities.
Top Tier 2 MBA Colleges in India – Career Alternatives
Graduates from these colleges go on to work in roles such as:
- Marketing & Brand Management
- Business Consulting & Strategy
- Finance & Banking
- Product & Project Management
- Sales Leadership Roles
Top recruiters include: Deloitte, EY, HDFC Bank, TCS, ITC, Infosys, HUL, Accenture, Marico, and more.
With the right internships, networking, and consistent performance—Tier 2 B-school grads have gone on to make remarkable careers.
Conclusion
You don’t need an IIM tag to build a successful career. The right Tier 2 college can offer you just the right platform—if you’re willing to put in the effort.
Whether you aim for roles in marketing, finance, or analytics, the above colleges can be a great launchpad for your MBA journey.
If you’re unsure which B-school is best for you, or how to maximize your CAT score to get in—talk to our mentors at Career Launcher for expert guidance.
Best of Luck!!
