Tier 3 Colleges in India 2027–29: Fees, Placements & Admission
Last Updated: 26 Oct 2026, 01:29 pm
Tier 3 colleges in India are generally associated with lower national brand recognition, smaller corporate recruitment networks or more limited placement opportunities than leading business schools. For MBA aspirants, comparing tuition fees, median salaries, entrance exam requirements and programme recognition provides a more reliable basis for college selection than tier labels alone.
For the 2026–27 admission cycle, published fee and placement data offer useful comparison points. I Business Institute (IBI), Greater Noida, lists its two-year PGDM fee at ₹10.75 lakh. Fortune Institute of International Business (FIIB), New Delhi, reported a 96% placement rate for its 2024–26 PGDM and PGDM-FM batch. Jaipuria Institute of Management, Lucknow, lists ₹15.25 lakh in PGDM fees for the 2027–29 batch. Read this article for a detailed overview of Tier 3 colleges in India, including their fees, eligibility criteria, rankings and placement opportunities.
List of Tier 3 MBA Colleges in India
Tier 3 MBA colleges in India that students can compare include I Business Institute (IBI), GNIOT, Fortune Institute of International Business (FIIB), Asian Business School (ABS), Jaipuria Institute of Management and Alliance University. Check the table below for more information.
Swipe the table sideways to see all columns.
| MBA College | Location | Key Information to Compare |
|---|---|---|
| I Business Institute (IBI) | Greater Noida, Uttar Pradesh | Two-year PGDM; published fee of ₹10.75 lakh for 2026-28 |
| Greater Noida Institute of Technology (GNIOT) | Greater Noida, Uttar Pradesh | MBA programme, affiliation, fees and placement statistics |
| Fortune Institute of International Business (FIIB) | New Delhi | PGDM and PGDM-FM; reported 96% placement rate for 2024-26 |
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| Asian Business School (ABS) | Noida, Uttar Pradesh | PGDM curriculum, fees and placement outcomes |
| Jaipuria Institute of Management | Lucknow, Uttar Pradesh | PGDM programmes; ₹15.25 lakh fee for 2027-29 |
| Jaipuria Institute of Management | Jaipur, Rajasthan | PGDM programme; ₹14.75 lakh fee for 2027-29 |
| Institute of Management Technology (IMT) | Hyderabad, Telangana | Programme-specific fees, eligibility and placement reports |
| Institute of Management Technology (IMT) | Bengaluru, Karnataka | MBA curriculum, entrance requirements and placement data |
What Are the Fees of Tier 3 MBA Colleges in India?
The fees of Tier 3 MBA colleges in India generally vary by institution, programme and admission year, with published two-year PGDM fees ranging from ₹10.75 lakh to ₹16.50 lakh across selected institutes such as I Business Institute and Jaipuria Institute of Management. Tabulated below is a detailed overview.
| College and Programme | Total Published Programme Fee |
|---|---|
| I Business Institute, PGDM | ₹10.75 lakh |
| FIIB, PGDM | ₹12.85 lakh |
| Jaipuria Institute of Management, Indore, PGDM | ₹13.50 lakh |
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| Jaipuria Institute of Management, Jaipur, PGDM | ₹14.75 lakh |
| Jaipuria Institute of Management, Lucknow, PGDM | ₹15.25 lakh |
| Jaipuria Institute of Management, Noida, PGDM | ₹16.50 lakh |
Which Entrance Exams Are Accepted by Tier 3 MBA Colleges?
MBA and PGDM colleges accept CAT, XAT, CMAT, MAT, ATMA, NMAT, GMAT, SNAP or state-level entrance examination scores, depending on the institution and programme.
For example, IBI accepts CAT, XAT, CMAT and MAT scores for its PGDM admissions. FIIB lists CAT, XAT, GMAT, NMAT, SNAP, CMAT, MAT and ATMA among the examinations accepted for its 2027 intake, subject to the institute's conditions.
Tier 2 vs Tier 3 MBA Colleges: What Is the Difference?
Tier 2 and Tier 3 are informal labels rather than universally regulated categories. Their comparison generally focuses on institutional reputation, recruiter access, alumni networks and academic resources.
Swipe the table sideways to see all columns.
| Factor | Tier 2 MBA Colleges | Tier 3 MBA Colleges |
|---|---|---|
| Brand Recognition | Often stronger within their target markets | May have more limited national recognition |
| Corporate Network | May have broader recruitment access | Varies by institution |
| Alumni Network | May be more established | Depends on the college's history and graduate base |
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| Fees | Vary by institution and programme | Vary by institution and programme |
| Placements | Require verification using batch-level data | Require verification using batch-level data |
| Admission Competition | Depends on entrance scores and selection criteria | Depends on entrance scores and selection criteria |
How to Choose the Right Tier 3 MBA College?
Follow the steps mentioned below before choosing the right Tier 3 MBA college.
Compare Fees
Review the total programme cost across at least three shortlisted colleges.
Check Placements
Compare median salary, overall average package and placement percentage for the same or latest available reporting period.
Verify Recognition
Check the programme's applicable approvals, accreditation and affiliation.
Match Entrance Exams
Confirm whether the college accepts your CAT, XAT, CMAT, MAT or other valid score.
Evaluate Career Opportunities
Check specialisations, internships, live projects and recruiter profiles.
Review Scholarships
Confirm eligibility, award amounts and whether the scholarship reduces tuition or other charges.
Is an MBA from a Tier 3 College Worth It?
Quick Answer: An MBA from a Tier 3 college can be worth it if the programme offers recognised qualifications, practical learning, internship opportunities and credible placement outcomes at a manageable cost.
Since India has no official Tier 1, Tier 2 or Tier 3 college classification, students should evaluate each institution individually. Before taking admission, compare the total MBA fees, median placement package, placement percentage, recruiter profiles and programme recognition.
Consider the return on investment (ROI) by comparing the total cost of education with realistic post-MBA salary prospects. An MBA from a Tier 3 college may suit students seeking management roles at an affordable cost, but strong skills, relevant experience and networking are important for career growth.