Tier 1 MBA Colleges: Admission Process, Preparation Tips, Important Dates 2023

MBA Admission in Tier 1 Colleges for the academic year is based on national-level entrance exams, followed by a GD/PI Round. Tier 1 MBA Colleges such as IIMs in India, IIT, XLRI, SPJIMR, etc.

IIMs conduct CAT examination for MBA admission in November. Tier 1 MBA colleges in India begin the MBA Admission Process in the month of January. The admission process to pursue MBA Course is conducted online.

To seek admission in Tier 1 MBA colleges, candidates should get a minimum of 50% of aggregate marks in graduation. Students must clear entrance examinations for MBA Admission in top B schools. MBA course is a 2-year full-time postgraduate course that deals with strengthening the skills that are necessary for business management. The MBA syllabus consists of subjects such as HR Management, Marketing, Business Planning, and Principles of Management, etc. 

Tier 1 MBA Colleges Application Deadline 2023

College Name Exam Accepted Application Dates
Indian Institute of Management, Ahmedabad (IIM A) CAT/GMAT

Round 1: June 20, 2022 – Aug 22, 2022

Round 2: Sept 5, 2022 – Oct 28, 2022

Round 3: Nov 7, 2022 – Dec 12, 2022

Indian Institute of Management, Bangalore (IIM B) CAT/GMAT

Round 1: Jun 21, 2022 to Aug 22, 2022

Round 2: Aug 24 to Oct 10, 2022

Round 3: Oct 12 2022 to Dec 02, 2022

Indian Institute of Management, Kolkata (IIM C) CAT/GMAT

Round 1: June 30, 2022 – August 22, 2022

Round 2: August 23, 2022 – October 16, 2022

Round 3: October 17, 2022 – November 30, 2022

Indian Institute of Management, Kozhikode (IIMK) CAT/GMAT December 09, 2022 – March 12, 2023
IIT Delhi CAT December 20, 2022 – January 31, 2023 
Indian Institute of Management, Indore (IIM I) CAT/GMAT September – December, 2022
Indian Institute of Management, Lucknow (IIML) CAT/GMAT November 15, 2022 – January 15, 2023 
Xavier School of Management, Jamshedpur (XLRI) CAT/XAT/ GMAT August – December, 2022
IIT Kharagpur CAT/GMAT December 15 – February 05, 2023
IIT Bombay CAT/GMAT/CMAT January 03 – 31, 2023 

Tier 1 MBA Colleges 2023

NIRF Ranking College Name Average Salary Average Fees
1 Indian Institute of Management, Ahmedabad (IIM A) INR 25,83,000 PA INR 11,50,000
2 Indian Institute of Management, Bangalore (IIM B) INR 24,54,000 PA INR 10,70,000
3 Indian Institute of Management, Kolkata (IIM C) INR 25,40,000 PA INR 27,00,000
4 Indian Institute of Management, Kozhikode (IIMK) INR 23,08,000 PA INR 8,75,000
5 IIT Delhi INR 12,00,000 INR 10,00,000
6 Indian Institute of Management, Indore (IIM I) INR 22,92,000 PA INR 8,00,000
7 Indian Institute of Management, Lucknow (IIML) INR 24,25,000 PA INR 7,13,000
8 Xavier School of Management, (XLRI) INR 15,00,000 PA INR 4,26,000
9 IIT Kharagpur INR 18,00,000 PA INR 3,14,000
10 IIT Bombay INR 22,00,000 PA INR 9,43,000

Tier 1 MBA Colleges: Entrance Exams Schedule  

Exam Name Conducting Body Date of Exam
CAT  IIM November 27, 2022
XAT  Xavier School of Management January 8, 2023

Tier 1 MBA Colleges: Entrance Exam List 

To pursue an MBA course at the Indian Institute of Management, students need to appear at the national level entrance examination like CAT.

  • CAT: Common Admission Test is conducted every year for conducting admission in MBA courses. The Indian Institute of Management is responsible for conducting the CAT exam. All the students should get a minimum of 50% of aggregate marks in graduation.
  • XAT: Xavier School of Management conducts an entrance exam every year for pursuing admission in MBA courses. All the students should get a minimum of 50% of aggregate marks in graduation.

Tier 1 MBA Colleges Admission Process 2023

In all the top MBA colleges, the admission process is conducted online. The processes of admission in these colleges are mentioned below:-

  • First, students have to complete registration for admission.
  • Once the registration process is complete, students need to fill all the application forms.
  • Fees payment can be done online via NEFT.
  • Admits cards are available on the college website 1 week before the commencement of the exam.
  • The examination date and time are mentioned on the admit cards.
  • Results will be available online.

Admission in Tier 1 MBA Colleges: A Step-wise Guide 

Students need to know the admission process to pursue admission in MBA courses. Step-wise guides for the admission process are:-

Scores in graduation 

  • Students need to get good marks in graduation to appear in the entrance examination.
  • All the students must get a minimum of 50% of marks in graduation.
  • Reserved category students should get 45% of marks in graduation.

Qualify the cut-offs for the entrance examinations 

  • As all the colleges conduct entrance examinations for admission, students need to score high marks in the entrance examinations.
  • Clearing the cut-offs is the prime requirement for the students.
  • Students need to prepare well and cover the entire syllabus for entrance examinations. 

Final Selection for MBA course 

  • In all the college's final selection is made based on the scores obtained in the entrance examination and graduation. Some of the colleges also conduct counseling before the admission process.

Tier 1 MBA Colleges Admission Tips 2023

We have mentioned below some of the important tips that will help the students to crack the entrance exam to pursue MBA course:-

  • Practice a few previous year’s question papers that are asked in the entrance examinations.
  • Appear in the online mock tests for getting an idea about time management.
  • During the examination do not waste unnecessary time on uncertain questions.
  • Try to attempt easy questions first.

Tier 1 MBA Colleges: FAQs 

Ques. What is the total duration of the MBA course?

Ans. The total duration of the MBA course is 2 years.

Ques. What MBA course is all about?

Ans. MBA course is a 2-year full-time postgraduate course that deals with strengthening the skills that are necessary for business management.

Ques. What is the admission process for pursuing an MBA course?

Ans. The admission process is conducted based on the scores of the entrance examination and marks obtained by the student in graduation.

Ques. What is the average annual salary for an MBA graduate?

Ans. The average annual salary for an MBA graduate is around INR 5, 00,000-INR 8, 00,000 per annum.

Ques. What is the minimum percentage required in graduation for pursuing admission in an MBA course?

Ans. An aggregate 50% of marks in graduation is required for pursuing admission in an MBA course.

Ques. Is distance learning available for this MBA course?

Ans. Yes, distance learning is available for pursuing MBA courses.

Ques. What are the basic eligibility criteria for pursuing an MBA Course?

Ans. A student must complete graduation from any recognized college/ university pursuing an MBA course.

Ques. Does an MBA course is similar to a BBA Course?

Ans. No, the MBA course is not similar to the BBA course.MBA is a postgraduate course while BBA is a graduation course.

Ques.  Should I appear for any entrance exams for pursuing an MBA course?

Ans. Yes, for pursuing admission in an MBA course students must appear in entrance examinations.

Ques. Does pursuing this course be costly?

Ans. No, pursuing this course is not so costly. You can also apply for educational loans to pursue this course.

Master of Business Administration [MBA] : 578 answered questions

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Ques. What are the chances of selection of my brother in IIM Kozhikode (MBA)with this profile (10-7.2 CGPA, 12-62%, B.Com 55 %, work experience of 2 years, CAT percentile 99.35, OBC NC)?

● Top Answer By Astha Roy on 23 Feb 22

Ans. Your brother has a fairly good chance of section as his CAT percentage is well-above the required cutoff. For 2021, IIM Kozhikode cutoff was 85 (for general category students). But the selection depends a lot on the interview performance too. So, ask your brother to prepare thoroughly for the interview round.  You can go through the section criteria and the admission procedure of the institute to clear any doubts you may have. Read more
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Ques. How is NMIMS Mumbai for an MBA?

● Top Answer By Anika Sinha on 31 May 22

Ans. NMIMS Mumbai is a good option for MBA. It ranks right after the old and top IIM. NMIMS Mumbai placements are excellent. Many national and multinational companies take part in campus recruitment. During placements 2022, students received an average CTC of INR 19.40 LPA. The academics offered at NMIMS can be compared to premium management institutes. NMIMS employs a case-study-based teaching methodology. It has a tie-up with Harvard Business Review.  One of the drawbacks of the institute is the huge batch size. NMIMS student intake is over 500. Due to the large batch size, the competition during placement becomes extremely high. Read more
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Ques. What is life like after an MBA from NITIE Mumbai?

● Top Answer By Anumita Chowdhury on 25 May 22

Ans. Professional life after an MBA from NITIE Mumbai can be promising and rewarding. NITIE continues to be one of the top management institute in the country. Many alumni of the institute are working as CEOs at reputed companies.NITIE Mumbai placements 2022 ended with an average CTC of INR 25.41 LPA. Read more
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Ques. Is the MBA program at Symbiosis Pune any good?

● Top Answer By Anumita Banerjee on 31 May 22

Ans. Symbiosis Pune MBA is comparable to IIM Lucknow, Indore, Kozhikode, Narsee Monjee, and MDI. It is better than most of the tier 3 IIM. SIBM Pune MBA placements are pretty good, especially for HR and Marketing.  SIBM Pune placements 2022 ended with an average CTC of INR 23.06 LPA. The major recruiting sector was Consulting, FMCD or FMCG. Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Ashmita Mukharjee on 25 May 22

Ans. Yes, NMIMS, Mumbai is an excellent option for an MBA. Due to the locational advantage, it offers good placements and exposure. Huge list of companies visit the campus placement each year. NMIMS Mumbai placements highlights for 2022, show an average CTC of INR 19 LPA. NMIMS Mumbai focuses a lot on academics outside of traditional classroom teaching. Their approach to academics is unique. You will learn through Bloomberg labs, the WeCare internship program, an unparalleled repository of e-journals and market data.  The only drawback for the institute is its huge batch size. This results in a dip in placements. Read more
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Ques. Why should one do MBA from PUMBA?

● Top Answer By Sinchita Guha on 23 May 22

Ans. PUMBA is undoubtedly the best B-School in Pune. It offers the best ROI, after FMS, JB, and SIMSREE. PUMBA MBA fees are INR 1.29 Lakhs only. While the average CTC for the institute is only INR 6.47 LPA.  PUMBA follows an effective trimester course pattern and major and minor specializations. The campus has good infrastructure with a well-equipped library, gymnasium and medical facilities. Read more
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Ques. How much valuable is MBA from IIT Madras?

● Top Answer By Tushar Banerjee on 30 May 22

Ans. DoMS IIT Madras is counted among the top management institutes in India. It has a great placement record. Companies like Google, Avalon consulting, Amazon, RBS, CTS, etc. visit the campus drive regularly. IIT Madras MBA placements 2022 concluded with an average CTC of INR 16.66 LPA.  DoMS IITM strives for excellence. The faculty base is brilliant. You can get help from TAs and faculty members regarding any problem you face. Being on the lush green IITM campus is a treat. There are many engaging extra-curricular activities that you can take part in. Read more
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Ques. How good is the PGPX IIMU-Purdue supply chain management dual degree from IIM Udaipur?

● Top Answer By Sakshi Banerjee on 14 Mar 22

Ans. The PGPX IIMU-Purdue Supply Chain Management duel degree program is a unique program.   The coursework is rigorous . Over the first 5 months, students learn fundamental subjects of Supply Chain Management along with basic subjects of management such as Finance, Accounting, Management, Statistics, etc.  IIM Udaipur offers quality education, which is reflected in the faculty pool and the academic rigor.  Faculty members make sure that students are getting the right projects for their corporate internships.  Students of this program get to spend a 5-month long semester at Purdue University’s Krannert School of Management . Other than the compulsory core subjects, there is a wide variety of electives on offer as well.  The placement scenario for this PGPX program is excellent. The 2021 batch got an average CTC of INR 19.27 LPA .  This program will offer you a learning experience that is beyond academics and textbooks. You will get to build networks with students and faculty members from around the globe. Read more
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Ques. What is the fee structure for MBA in BITS Pilani?

● Top Answer By Anuj Gupta on 30 May 22

Ans. BITS Pilani MBA fees for this academic year is INR 11.10 Lakhs. Here is the year-wise fee structure for the MBA program.  First Year Fees  INR 5,61,575 (it includes admission fee of INR 48,100) Second Year Fees INR 5,48,435 (this amount includes practice school fees) Total Fees INR 11,10,010 The course fee is likely to increase upwards for the next academic year. The increase in fees won’t be more than 10% compared to the previous year's fees.Read more
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Ques. Which college is better for MBA among UBS, BITS, BIMTECH and NIT Trichy?

● Top Answer By Abanti Mukharjee on 26 May 22

Ans. For an MBA degree, BIMTECH will be the best option among these. It has a clear focus on management education and also has the backing of Birla group. BIMTECH placements are pretty good for MBA. According to the recent placement drive, around 95.28% of students got placement offers and the average CTC received by the students was INR 8.07 LPA. Read more
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