When MBA aspirants dream of an MBA, they generally dream of the IIM's and top private B-schools like...
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What Defines a Tier-2 MBA College?
Tier-2 MBA colleges are B-schools whose NIRF rankings are certainly not in the Top 15 while having good industry ties, decent infrastructure, and an acceptable placement record. Students that fall into this category scored in the 70–90 percentile in the CAT, XAT, NMAT, MAT or CMAT.
List of the Tier 2 MBA Colleges in India
Here are some of the popular Tier-2 MBA colleges in India along with the ROI they offer.
| MBA College Name | Average CTC (2024) | Fees (2 Years) | Notable Recruiters |
|---|---|---|---|
| Great Lakes Institute of Management, Chennai | ₹14.5 LPA | ₹17.1 Lakhs | EY, Deloitte, Accenture |
| K J Somaiya Institute of Management, Mumbai | ₹12.3 LPA | ₹10.25 Lakhs | Infosys, Cognizant, ITC |
| TAPMI, Manipal | ₹13.6 LPA | ₹17.3 Lakhs | EY, PwC, HDFC Bank |
| GIM Goa | ₹14.8 LPA (BDA) ₹12.5 LPA (Core PGDM) | ₹18.3 Lakhs | Bain, KPMG, Infosys |
| SIIB, Pune (MBA) | ₹13.2 LPA | ₹19.89 Lakhs | Adani, Accenture, HCL |
| FORE School of Management, Delhi | ₹11.6 LPA | ₹17.2 Lakhs | Deloitte, ZS Associates, HCL |
| LBSIM Delhi | ₹10.3 LPA | ₹14.9 Lakhs | EY, Gartner, Wipro |
| IMI Delhi | ₹10.1 LPA | ₹11.95 Lakhs | HSBC, PwC, TCS |
| IBS Hyderabad | ₹9.6 LPA | ₹16.02 Lakhs | KPMG, Genpact, Cognizant |
| IRMA Anand | ₹15.5 LPA | ₹16.09 Lakhs | Amul, PWC, Federal Bank |
Is It Really Worth It?
- High ROI: Many colleges offer average packages almost equal to or more than the fees.
- Industry Exposure- Tier-2 colleges have tie ups with MNC's, live projects and immersive summer internships.
- Specialisation Leverage – Things like PGDM-BDA (GIM), PGDM-HRM (TISS/XLRI equivalent offerings at lower cost) are industry game changers.
How to Choose Tier 2 MBA College for Admission?
A Tier-2 college for your MBA can be totally worth it - if you're smart about it. Programs that offer average packages of ₹10-14 LPA provide value where the return on investment really shows. Don't get caught up in the brand tags. Focus on:
- Right specialization
- Placement record
- College-industry connection
- Alumni network