Tier 3 MBA Colleges in India: Courses Offered, Entrance Exams, Fees

Intajur Rahaman

Updated On: June 12, 2024 11:22 am IST

Tier 3 MBA colleges in India like Amity University, Balaji Institute of Modern Management, and Jaipuria Institute of Management are an excellent choice for aspirants who were unable to secure admission to Tier 1 or Tier 2 MBA colleges in India. Find out all details for Tier 3 MBA colleges in India right here!
Tier 3 MBA Colleges in India

Tier 3 MBA colleges in India include institutes like Amity University, Balaji Institute of Modern Management, and Jaipuria Institute of Management. These management institutes are an excellent choice for MBA aspirants who are not able to secure admission at Tier 1 and Tier 2 MBA colleges in India either due to not meeting the eligibility criteria or due to financial restrictions. There are several advantages to pursuing an MBA and other management courses from Tier 3 B-schools including the cheaper cost of education, less competition, and relaxed eligibility requirements. Find all the necessary information on Tier 3 MBA colleges in India mentioned in the article below.

Also Read:

MBA Admission 2024 Tier 1 MBA Colleges in India
Tier 2 MBA Colleges in India

List of Tier 3 MBA Colleges in India

Given below are the top 10 tier 3 MBA colleges in India along with their fees, entrance exams required, and courses on offer:

Name of the College

Courses Offered

Entrance Exams Accepted

Total Course Fees

Amity University, Noida

Common Admission Test , Xavier Aptitude Test , Common Management Admission Test , Management Aptitude Test , NMAT by GMAC

INR 5 lakhs - INR 11 lakhs

Jaipuria Institute of Management

PGDM

CAT, XAT, MAT, CMAT, GMAT

INR 13.5 Lakhs

FORE School of Management, New Delhi

PGDM

CAT, XAT, GMAT

INR 18.27 lakhs - INR 22.83 lakhs

Indian Institute of Forest Management (IIFM), Bhopal

  • Post Graduate Diploma in Forestry Management (PGDFM)
  • Post Graduate Programme in Sustainability Management (PGDSM)

CAT, XAT, MAT, CMAT, GMAT

INR 11.8 lakhs

Indian Institute of Management, Sambalpur

  • MBA
  • Executive MBA

CAT

INR 12 Lakhs - INR 21 Lakhs

Jamia Millia Islamia, New Delhi

MBA

JMI Entrance Test

INR 50,000

K. J. Somaiya Institute of Management Studies and Research, Mumbai

  • MBA
  • MBA Executive

CAT, XAT, CMAT, GMAT, NMAT

INR 20.86 Lakhs

Lovely Professional University, Punjab

MBA

CAT, XAT, CMAT, MAT, NMAT, LPUNEST

INR 28 Lakhs

University of Petroleum and Energy Studies (UPES), Dehradun

MBA

Common University Entrance Test

INR 16.5 lakhs

Welingkar Institute of Management, Mumbai

PGDM

CAT, XAT, AIMS Test for Management Admissions , GMAT

INR 14 lakhs

Eligibility Criteria for Tier 3 MBA Colleges in India

The eligibility criteria for MBA courses are relatively similar at all management institutes and B-schools in India regardless of their ranking. However, some institutes may have certain special requirements that must be met by potential MBA candidates. Check out the general MBA eligibility criteria at Tier 3 MBA colleges in India:

  • Candidates must hold a Bachelor's degree in any discipline and the undergraduate degree course must have a minimum duration of three years. Also, a graduation score of at least 50% is mandatory for applicants in the General category. SC, ST, or PWD candidates are allowed a relaxation of a 5% and must achieve an overall score of at least 45%.
  • Candidates must qualify for any relevant MBA entrance exams such as the CAT, XAT, GMAT, SNAP, NMAT, or CMAT, whichever is accepted by the Tier 3 MBA college in India of their preference, and meet the MBA cutoff marks required to be eligible for the MBA selection process conducted by the institutes.
  • Final year graduation students can also apply for MBA admission. However, the admission will be provisional and only if they can provide the necessary documentation when it is time for the MBA admission process, the admission will be final.

Also Read: CAT vs CMAT, NMAT, XAT, SNAP, IIFT & Other MBA Entrance Exams

MBA Admission Process for Tier 3 MBA Colleges

The admission process for the top MBA colleges as per NIRF rankings is mostly the same across a majority of the institutes mentioned in the list. However, there may be certain criteria that candidates will be required to meet to secure admission to certain B-schools from the list. Aspirants must check the official websites of these colleges and find out the exact MBA admission requirements for the same. Check out the admission process for the top NIRF MBA colleges mentioned in detail below:

Determining Eligibility & Appearing for MBA Entrance Exams

Determining whether you meet the eligibility criteria for MBA or other postgraduate management courses offered by Tier 3 MBA colleges in India is the first step. The majority of B-schools have very similar MBA eligibility requirements, with some MBA colleges having additional requirements based on their admissions standards. Once eligibility is confirmed, candidates must appear and qualify for the relevant MBA entrance tests to be eligible for the next stage of the MBA admission process.

Shortlisting for MBA Selection Process Rounds

The shortlisting of applicants for the following round of the MBA admissions process is the next phase of the process. When shortlisting candidates for the next round of the MBA selection process, the primary criteria that are taken into account are their academic profile, extracurricular activities, and entrance exam scores. The Academic Profile contains information about classes 10, 12, and graduation results. Only extracurricular achievements at the District, State, National, and International levels are considered (if applicable). Consideration is also given to relevant work experience when forming a shortlist based on student profiles.

Appearing for MBA Selection Process Rounds

The shortlisted candidates must show up for the MBA selection process rounds, which are either run by the MBA colleges separately or through a Centralised Admission Process, once all eligible and qualified candidates have been shortlisted for the next round of the process. Group Discussions, Personal Interviews, and Written Aptitude Tests are the standard rounds of the MBA selection process. Depending on their individual admission requirements, some institutes may conduct all three of these stages, while others may only conduct one.

Final MBA Selection

The relevant authorities start their final MBA selection process after all rounds of the selection process have ended, taking into account all of the previously mentioned factors, such as candidate profile, academic profile, professional experience, entrance exam scores, performance in rounds of the selection process, etc. Only the top applicants are chosen after careful evaluation, and they are then given admission to the relevant management course. It is important to highlight that every factor in the MBA selection process has a different weightage, which varies between B-schools.

Top MBA Specialization Offered at Tier 3 MBA Colleges

MBA specializations are the areas in which an aspirant can specialize in during their MBA course. Specializations help candidates understand different sectors of an organization in more detail and this enables them to become experts in that particular field. Take a look at some popular MBA specializations offered by the top tier 3 MBA colleges in India:

  1. MBA Marketing
  2. MBA Finance
  3. MBA in International Business
  4. MBA in Human Resource Management
  5. MBA in Logistics and Supply Chain Management
  6. MBA in Business Analytics
  7. MBA in Hospitality Management
  8. MBA in Hotel Management
  9. MBA in Data Analytics
  10. MBA in Information Technology

We hope this article on Tier 3 MBA colleges in India was informative and helpful. Check out the articles mentioned below to learn more about MBA admissions in India!

Related Articles:

Aspirants can log on to the CollegeDekho QnA Zone and post all their admission-related queries. To speed up your MBA admission process, please fill out the Common Application Form (CAF) or call our helpline number 18005729877.

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FAQs

What is the difference between Tier 1 and Tier 3 MBA colleges in India?

The major difference between Tier 1 and Tier 3 MBA colleges in India is the admission requirements and eligibility criteria. In order to secure admission at Tier 1 MBA colleges in India candidates have to rank in the top 5-10% of the entire candidate pool. However, for Tier 3 MBA colleges the requirements are not so competitive. Also, Tier 1 MBA colleges are more highly ranked and have more credibility than Tier 3 MBA colleges in India in general.

What is the course fees at Tier 3 MBA Colleges in India?

The course fees at Tier 3 MBA colleges in India depends on factors like type of courses offered, infrastructure and facilities offered, etc. Typically, the MBA course fees at Tier 3 MBA colleges falls between 5 lakhs to 20 lakhs. Candidates must also note that the course fees may vary from one academic year to another.

Which are the top Tier 3 MBA Colleges in India?

The top Tier 3 MBA colleges in India include the following:

  • K. J. Somaiya Institute of Management Studies and Research, Mumbai
  • BIMHRD  Pune
  • Symbiosis International University
  • Birla Institute of Management Technology
  • Lal Bahadur Shastri Institute of Management (LBSIM) Delhi
  • Balaji Institute of Modern Management (BIMM), Pune
  • ICFAI Business School, Hyderabad
  • Birla Institute of Technology and Science (BITS-Pilani)
  • Thapar Institute of Engineering and Technology

Are any IIMs included in Tier 3 MBA Colleges in India?

Yes, some New IIMs and Baby IIMs are included in Tier 3 MBA colleges in India. Since these institutes are relatively new, they do not have the credibility of other IIM campuses like IIM Ahmedabad, IIM Calcutta, IIM Bangalore, and other IIMs that are included in Tier 1 MBA colleges. IIM Kashipur, IIM Sirmaur, and IIM Sambalpur are some Tier 3 MBA colleges.

Which are the entrance exams accepted by Tier 3 MBA Colleges in India?

The entrance exams accepted by Tier 3 MBA colleges in India are the same as that of Tier 1 and Tier 2 MBA colleges in India. Some of the most popular MBA entrance exams accepted by Tier 3 MBA colleges in India include the following:

  • Common Admission Test
  • Xavier Aptitude Test
  • Management Aptitude Test
  • Common Management Admission Test
  • NMAT by GMAC

Are placements at Tier 3 MBA Colleges in India good?

Yes, placements at Tier 3 MBA colleges in India is good. Some Tier 3 MBA colleges in India offer placement opportunities that rival that of Tier 2 and even Tier 1 MBA colleges in India. The average salary package offered during the placement drives at these colleges is typically above INR 10 LPA. Candidates can also find international job opportunities after graduating from a Tier 3 MBA college in India.

What are Tier 3 MBA Colleges in India?

Tier 3 MBA collegs in India include those management institutes and B-schools that don't require an exceptionally high cut-off percentile for MBA entrance exams. These colleges offer top-notch MBA programs thanks to their equally excellent facilities, infrastructure, and course offerings. In India, there are numerous Tier 3 MBA colleges, such as IIM Kashipur, GIM Goa, and Lovely Professional University. Candidates can expect a competitive placement package when they complete their MBA from a Tier 3 MBA College in India

What is the NIRF Ranking for Tier 3 MBA Colleges in India?

The NIRF Ranking for Tier 3 MBA colleges in India typically falls between rank 30-100. Check the NIRF ranking of some reputed Tier 3 MBA colleges in India mentioned below:

  • XIMU Bhubaneswar - Rank 35
  • GIM Goa - Rank 36
  • TAPMI Manipal - Rank 38
  • CU Mohali - Rank 40
  • IIM Nagpur - Rank 43
  • Lovely Professional University - Rank 47
  • TIET Patiala - Rank 53
  • BMLMU Gurgaon - Rank 54

Is MBA admission to Tier 3 MBA Colleges possible without entrance exams?

Yes, MBA admission to some Tier 3 MBA Colleges is possible without entrance exams. Some of the Tier 3 MBA colleges in India offer MBA admission to students based on their academic profile, work experience, and other factors. Direct MBA admission is also possible through Management Quota which includes seats reserved for certain groups of students. Candidates must contact the admissions office of their preferred colleges to know more.

Are Tier 3 MBA colleges in India worth it?

Yes, Tier 3 MBA Colleges in India are worth it because the quality of education, placement opportunities, and other facilities available at these institutes are decent enough for candidates to get a headstart in their management careers after graduation. Aspirants also have to consider that Tier 3 MBA colleges have lower course fees and relaxed eligibility requirements making it easier to secure admission.

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