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

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Sounak Banerjee

Associate Content Manager

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] : 573 answered questions

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Ques. What is life like after an MBA from NITIE Mumbai?

● Top Answer By Ayushi Sehgal on 02 Mar 24

Ans. My uncle had done his PGDIE from NITIE Mumbai, back in 1979. NITIE enhanced his knowledge and self confidence by a huge extent. This institution offers top notch placements, and a good alumni network. Some of my uncle’s seniors went on to become CEOs and high ranking professionals at reputed firms. After graduating from NITIE, you’ll get plenty of opportunities. It is a well renowned college in India. However, a lot depends on your own hardwork and dedication. Try to make the most of your stay at this college.Read more
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Ques. Is the MBA program at Symbiosis Pune any good?

● Top Answer By Raktim Tarafdar on 14 Sept 23

Ans. The two-year full-time residential MBA offered to SIBM Pune is its flagship program. Its duration is 2 years. Courses are offered in various specializations like Marketing, Human Resource Management, Finance, and Operations Management. The course structure aims at imparting students top-notch industry exposure and a nurturing classroom environment. This helps them become the leaders of tomorrow.  The placement committee of SIIB and the faculty are responsible for the placement process. Students receive training for the summer internship process for group discussion, interviews, and resume building. This attracts more recruiters every year. SIMB Pune has well-educated and experienced faculty members and the pedagogy they adopt is impressive. Usually students are taught through case studies as its primary teaching tool. Other teaching methods include discussions, presentations, peer learning, and hands-on learning. Here is the detailed placement report of SIBM Pune No. of Companies participated 105 No. of New Recruiters 49 No. of Offers made - No. of Pre-placement offers 111 Highest Salary INR 35.05 LPA Average Salary INR 26.77 LPA Median Salary INR 24 LPA Top 10% Average Salary INR 33.27 LPA Top 25% Average Salary INR 32.80 LPA Top 50% Average Salary INR 29.99 LPA Major Sectors BFSI, FMCG / FMCD Top Recruiters Accenture Strategy, Aditya Birla Capital, American Express, Barclays, HSBC etc Hope this helps you!Read more
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Ques. Is NMIMS a good college for an MBA?

● Top Answer By Akriti Gupta on 12 Sept 23

Ans. Yes, NMIMS is considered to be the MBA college in Mumbai city and its MBA program is highly regarded among aspirants. Here are a few pros and cons of the institute that might help you  Pros The college is well-known for its state-of-the-art infrastructure. The classrooms have all modern facilities and the library too is well-stocked. Its location gives it leverage in establishing healthy industrial relations. The parity of the faculty cannot be doubted as they deliver excellent lectures. The academics are much more than just bookish language as students are made to solve Case-based studies. The food served in the canteen is quite good. Students get the chance to participate in lots of competitions and earn well, or get PPI. Cons : NMIMS fees are exorbitantly high. The first-year fee is INR 11.95 Lakhs. You also need to consider the expenses of living in Mumbai. Hostel faculties for only limited students  A few faculties have no interest in teaching.  The placement stats are inflated and thus misleading.  The MBA batch of NMIMS has a huge batch of around 600 students affecting the quality of education. There is a huge gap between the administration and the students.  Easy entrance exam affects the quality of the crowd. So, NMIMS was once a great B School but the increasing batch size has affected its reputation largely. You can go for colleges with a smaller batch size and similar fees to get better job opportunities.Read more
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Ques. Why should one do MBA from PUMBA?

● Top Answer By Raktim Tarafdar on 12 Sept 23

Ans. Here are some solid reasons why one should pursue an MBA from PUMBA: A University department of one of the most prestigious universities in India. An inaugural in the field of Management Sciences since 1971. The best B-school in Pune Provides an amazing ROI. Its first-year fee is only INR 65,000 while its average package is INR 8.10 LPA. So provides the best ROI after FMS, JB, and SIMSREE. An autonomous course comprising trimester pattern and major and minor specializations making it more flexible. The natural beauty of Pune combined with its decent infrastructure makes PUMBA a great place to study. It has a well-stocked library and high-speed facility. Students have access to the Jaykar library. Students also have access to free medical services. There is a 24*7 WiFi connection in the entire university campus. Students have access to a Gymnasium at a very low fee. Students can participate in Pune University's recreational activities. Decent placement opportunities I hope all the above reasons convince you to join PUMBA.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 Saptarshi Bhowmik on 20 May 23

Ans. The PGPX IIMU-Purdue supply chain management dual degree program offered by IIM Udaipur is considered to be a highly reputable and well-regarded program in the field of supply chain management. The program is designed to provide students with a deep understanding of the latest developments in the field, along with practical skills and knowledge related to supply chain management roles. Here are a few highlights pertaining to the program. The curriculum is very rigorous and within 5 months students are introduced to basic subjects of management such as Finance, Accounting, Statistics, Marketing and also the foundational subjects of Supply Chain and Operations management. Professors adopt the case study pedagogy combined with supplementary materials whenever necessary to deliver the best learning experience. The coursework is regularly evaluated like any other reputed institute. Students from IIM Udaipur get to spend 5 months at Purdue University’s Krannert School Of Management wherein they get an opportunity to select elective courses as per their interests. Faculty ensure students get the right projects during internships. It’s the internship experience that actually determines your choice of electives at Purdue University. Placements: The following table represents the MBA GSCM Placements for the batch 2022: Students places 100% Number of students  37 Number of Companies participated 56 Number of offers 150 Highest CTC  INR 35.96 LPA Average CTC  INR 19.54 LPA Lowest CTC INR 14 LPA  Overall, the PGPX IIMU-Purdue program is considered to be a great choice for those interested in a career in supply chain management.Read more
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Ques. What is the fee structure for MBA in BITS Pilani?

● Top Answer By Namrata Das on 14 Sept 23

Ans. BITS Pilani is a private engineering college so charges high fees to maintain the standard of education. The detailed fee structure of its MBA program (Pilani Campus) has been mentioned below BITS Pilani MBA Fees 2022 Particulars Pilani Campus Admission Fees  INR 48,100 Tuition fee INR 2,18,500 per semester Students' Union fee  INR 450 Students' Aid Fund  INR 225 Hostel fee (for on-campus students only)  INR 15,550 per semester Mess & Electricity advance INR 10,000 per semester Other Advances  INR 12,000 per semester Hope this solves your query!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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Ques. Is an MBA From LBSIM worth it?

● Top Answer By Adil Sinha on 26 May 22

Ans. Yes, an MBA from LBSIM is worth the investment. It has a 100% placement record and offers great ROI. LBSIM placements 2022 concluded with an average CTC of INR 11.30 LPA.  The academics are effective. You will learn through live projects and hands-on experience. It is a student-driven institute, during your MBA, you will get to learn each and every aspect of the industry. There are many academic and non-academic clubs at LBSIM, that help student lay off stress. LBSIM alumni are working at reputed companies like the Big four, Crisil, Marsh & Mclennan, etc. Read more
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Ques. What is the cut off for MBA at IMT Ghaziabad?

● Top Answer By Ankita Batra on 25 May 22

Ans. As per the latest trends, IMT Ghaziabad cutoff is as follows. CAT - 90+ percentile  XAT - 90+ percentile  GMAT - 650  There is no such sectional cutoff for IMT. Also, keep in mind the cutoff isn’t fixed. It changes each year, depending on the pool of students applying. IMT Ghaziabad decides on the cutoff after reviewing the application pool. Read more
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Ques. Should I go to IBS Hyderabad (ICFAI) for an MBA? Why or why not?

● Top Answer By Harshita Sinha on 30 Apr 22

Ans. IBS Hyderabad isn’t a good option for MBA. The placement record of the institute isn’t good. You won’t get a good ROI. The course fee for an MBA at IBS Hyderabad is INR 16.02 lakhs. While the average CTC offered to the students according to IBS Hyderabad placement highlights for 2022 is INR 7.97 LPA.  The student intake is huge. Batch strength for MBA is 1300. So, students don’t get equal opportunities in terms of academics and placements. Read more
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