MBA Fees in Top Colleges in India

MBA Fees in Top Colleges in India

MBA fees in Top colleges in India – MBA cost structure in India is ranging between INR between 20,000 and INR 40 lakhs for a full-time two-year program. Examine the various aspects of MBA costs for college in India as well as the main reasons MBA fees differ from one college one to another.

While you earn your degree through hard-earned effort over your two-year period, you will need to cover the cost of your tuition, faculty infrastructure, as well as other amenities you’ll utilize during the two crucial times in your lives.

MBA schools in India have different tuition fees based on the curriculum infrastructure, dormitory facilities and exposure to foreign countries or placement services, and so on. A majority of MBA schools in India offer scholarships for students who meet qualifications. Check out this article for more details about the top MBA institutes located in India as well as their fee structure.

MBA Fees in Top Colleges in India

Particulars	Average Fees (in Rs.)
IIM MBA Fees	8,00,000 – 23,00,000
IIT MBA Fees	2,00,000 – 5,00,000
IGNOU MBA Fees	37,800
Cheapest MBA Fees	15,000 – 70,000

IIM MBA Fee Structure in India | MBA Fees in Top Colleges in India

IIM	IIM Fees*
IIM Ahmedabad	Rs 21 lakh
IIM Bangalore	Rs. 23.20 lakh
IIM Calcutta	Rs 19 lakh
IIM Lucknow	Rs 19.25 lakh
IIM Kozhikode	Rs 19 lakh
IIM Indore	Rs 16.50 lakh
IIM Shillong	Rs 15 lakh
IIM Rohtak	Rs 16.65 lakh
IIM Raipur	Rs 14.21 lakh
IIM Trichy	Rs 16.50 lakh

 These are the approximate fees only. The actual fee may vary.

People also ask –   MBA fees in Top colleges in India

1. Do companies in India sponsor candidates’ MBA fees?

Ans. Yes, of course the company does. But it completely depends on the company the candidate works on and also the position the candidate is in.

2. Which is the best MBA college in India with low fees?  MBA fee structure in India 

Ans. In India FMS, Delhi University is a top-ranked MBA institute with a low fee of INR 20,960 per semester. The fees of all government MBA institutes are less than that of private institutes.

3. What is the average fees for MBA in India?

Ans. The MBA fee for IIMs range from Rs 10 Lakh to Rs 2 Lakh and other top B-schools such as XLRI, SPJIMR, and MDI Gurgaon MBA fees range from Rs 15 Lakh to Rs 23 Lakh. Most of the top B-schools in India will cost between Rs 10 Lakh to Rs 23 Lakh.

4. What is the minimum fees for MBA in India?  MBA fee structure in India 

Ans. There are certain B-schools that offer MBAs with low fee structures. Which is mentioned in the article below.

5. What is the top college for MBA fees?

Ans. Some of the top colleges for MBA in terms of fees are IIM Ahmedabad, FMS Delhi, IIM Bangalore, IIM Calcutta, IIFT Delhi, etc.

MBA fees in Top colleges in India for full-time MBA programs vary between INR 20k to INR 40 lakh. While the cost of MBA programs offered by public and university institutions are affordable, the ones offered by private institutions aren’t.

Top 5 MBA Colleges in India (Excluding IIMs)

1. India School of Business (ISB)
2. Faculty of Management Studies – Delhi University.
3. SPJIMR Mumbai.
4. XLRI Jamshedpur.
5. MDI – Gurgaon.

Although the best college for MBA as per the latest NIRF ranking of mba colleges in India is IIM Ahmedabad. 

It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4, and IIT-Delhi-DoMS on Number 5. The top B schools in India include 20 IIMs (IIM Ahmedabad) and other IITs and private MBA colleges

Best business schools in India ranking assists students in selecting the best institution for their higher education. Rankings are based on data, as well as quantity and experience. Much can be learned about the Schools’ academics, experience, network, results, momentum, and trends, and it serves as a sort of check on these Business Schools. Rankings compel B-Schools to constantly improve and innovate. Most importantly, they hold business schools accountable for meeting expectations.

MBA fees in Top colleges in India – With more than 3,000 MBA Colleges in India of different quality, there is a wide range with Fee Structure too. Generally, MBA Fee ranges from Rs 5.0 Lakhs to 15.0 Lakhs. 

MBA Fees in Top Colleges in India Are Below.

MBA fees in Top colleges in India	Fees (Rs in lakhs)
IMT Ghaziabad: Institute of Management Technology	19.53
Great Lakes Chennai: Great Lakes Institute of Management - GLIM	15.86
BITS Pilani – Deptt of Management	9
Prin. L. N. Welingkar Institute of Management Development & Research	11.04
Xavier Institute of Management, XIMB	19.5
TAPMI Manipal: T A Pai Management Institute	15.1
GIM Goa: Goa Institute of Management	17.21
IRMA Anand: Institute of Rural Management	15.17
K J Somaiya Institute of Management, Mumbai	16.29
SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development	17.43

MBA Fees of Top B-Schools Other Than IIMs

Some of the top B-Schools apart from the IIMs are FMS Delhi, XLRI-Jamshedpur, MDI-Gurgaon, SPJIMR-Mumbai and IIFT-Delhi. These institutes offer the best of infrastructure, faculty, pedagogy, international exposure and placements. MBA fees of these B-schools range from INR 11 to INR 35 lakh. The only exception here is FMS-Delhi whose fee is INR 20, 960 per year. Take a look MBA fees of some of the top B-schools in India other than IIMs.Show 102550100 entriesSearch:

B-School	Course Name	**Fees
FMS-Delhi	MBA	INR 20,960
XLRI Jamshedpur-Xavier School of Management	PGDM	INR 23.60 lakh
MDI-Gurgaon	PGPM	INR 19.80 lakh
SPJIMR-Mumbai	PGDM	INR 17.50 lakh
IIFT-New Delhi	MBA International Business	INR 16.25 lakh
ISB-Hyderabad	PGPM	INR 34.63 lakh
Symbiosis Institute Of Business Management-Pune	MBA	INR 17.06 lakh
Jamnalal Bajaj Institute of Management Studies-Mumbai	MMS	INR 3.00 lakh
IMI-Delhi	PGDM	INR 17.68 lakh
NMIMS Mumbai-School of Business Management	MBA	INR 19.76 lakh

MBA Fees Less Than INR 10 Lakh

Most of the MBA colleges in this fee-range are the departments of management studies of IITs. The MBA programmes offered by these institutes are not only economical as compared to private B-Schools but are also highly ranked in the annual ranking by MHRD-NIRF and offer excellent placement opportunities. Take a look at colleges with MBA fees less than INR 10 lakh

*B-School	Course Name	**Fees
IIT Delhi - Department of Management Studies	MBA Telecommunication Systems Management	INR 8.80 lakh
Symbiosis Centre for Management and Human Resource Development, Pune	MBA	INR 8.13 lakh
IIT Bombay - Shailesh J. Mehta School of Management	MBA	INR 8.32 lakh
NITIE-Mumbai	PGD Industrial Safety and Environmental Management	INR 7.62 lakh
IIT Kharagpur-Vinod Gupta School of Management	MBA	INR 6.19 lakh
BITS-Pilani	MBA	INR 8.04 Lakh
IIT Madras - Department of Management Studies	MBA	INR 6.89 lakh
IIT Roorkee	MBA	INR 6.23 lakh
IIT Delhi - Department of Management Studies	MBA Telecommunication Systems Management	INR 8.80 lakh

Admission process of the above mentioned institutes is the same as other MBA colleges, i.e. selection through entrance exams such as CAT, XAT, GMAT, Group Discussion and Personal Interview.

MBA Fees Less Than INR 5 Lakh

MBA colleges in this fee range include popular institutes like Symbiosis International University (Deemed), Prin. L N Welingkar, Christ University, Chandigarh University and Amity University. These universities offer a number of MBA programmes for fees which will not burn a whole in your pocket. Take a look at colleges with MBA fees less than INR 5 lakh

*B-school	Course Name	**Fees
FMS-New Delhi	MBA	INR 20,960
Jamia Millia Islamia-JMI	MBA in International Business	INR 33,170
WE School-Prin. L. N. Welingkar Institute of Management Development and Research	PGP Foreign Trade Management	INR 94,400
BK School of Business Management	MBA in Maritime Management	INR 80,000
Amity University	PGD in Health and Wellness Management	INR 54,000
Department of Financial Studies, University of Delhi	MBA in Financial Management	INR 26,000
Institute of Management Studies, Banaras Hindu University	MBA in International Business	INR 98,888
Maharshi Dayanand University-MDU	Master of Hotel Management and Catering Technology	INR 84,468
Tata Institute of Social Sciences, Mumbai	PG Diploma in Community Media	INR 40,600
University Business School, Chandigarh-Panjab University	MBA HRM	INR 60,000

Students shortlisting their preferred MBA institutes must keep in mind colleges mentioned in the above table as they offer various upcoming specialisations in MBA for low fees.

MBA Fees Less Than Rs 1 Lakh

MBA colleges with fees less than INR 1 lakh are mostly department of management studies of central or state level universities. Even though their fees is low, these institutes are recognised by the University Grants Commission (UGC). Take a look at some of the popular MBA colleges with fees less than INR 1 lakh

*B-school	Course Name	**Fees
FMS-New Delhi	MBA	INR 20,960
Jamia Millia Islamia-JMI	MBA in International Business	INR 33,170
WE School-Prin. L. N. Welingkar Institute of Management Development and Research	PGP Foreign Trade Management	INR 94,400
BK School of Business Management	MBA in Maritime Management	INR 80,000
Amity University	PGD in Health and Wellness Management	INR 54,000
Department of Financial Studies, University of Delhi	MBA in Financial Management	INR 26,000
Institute of Management Studies, Banaras Hindu University	MBA in International Business	INR 98,888
Maharshi Dayanand University-MDU	Master of Hotel Management and Catering Technology	INR 84,468
Tata Institute of Social Sciences, Mumbai	PG Diploma in Community Media	INR 40,600
University Business School, Chandigarh-Panjab University	MBA HRM	INR 60,000

Aspirants who plan to pursue an MBA course from institutes mentioned in the table above must check for their past placement data before taking a decision.

MBA colleges with low fees and good placements – Masters of Business Administration or MBA are one of the most popular postgraduate programs that offer a wide range of career options to students. The program is available for candidates who have completed BBA, BCA, B.Tech, or any other bachelor’s degree. 

The course fee of the MBA program ranges from INR 10,000 to INR 35 Lakhs. Government colleges have lower fees in comparison to private MBA colleges. Many colleges in India offer an MBA program that suits the budget of every student. In this article, we have listed the top MBA colleges with low fees. 

Candidates who are looking for MBA colleges with a low fee structure are advised to check this article.

MBA Colleges in India with Low Fees

The table provided below contains the Top MBA Colleges with Low Fees in India. 

Name of Colleges	Course Name	Course Fees	Average Salary Package
Faculty of Management Studies (FMS), Delhi University	Master of Business Administration	INR 94,000	INR 26,40,000
Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai	Masters in Management Studies	INR 3,04,000	INR 18,91,000
Tata Institute of Management Studies (TISS), Mumbai	MA in Human Resource Management and Labor Relations	INR 2,38,000	INR 19,62,000
Department of Management Sciences, (PUMBA) Savitribai Phule Pune University, Pune	Master of Business Administration	INR 1,68,000	INR 6,47,000
Department of Financial Studies, Delhi University	MBA in Financial Management	INR 1,51,000	INR 13,33,000
Christ University, Bangalore	Master of Business Administration	INR 2,40,000	INR 6,00,000
Delhi Technical University (DTU), Delhi	Master of Business Administration	INR 2,79,000	INR 6,40,000
Sydenham Institute of Management Studies Research and Entrepreneurship Education(SIMSREE), Mumbai	Post Graduate Diploma in Business Management	INR 1,36,000	INR 8,10,000
Birla Institute of Technology and Science (BITS), Pilani	MBA in Business Analytics	INR 5,08,000	INR 15,60,000

MBA Fees in Top Colleges in India

Top MBA institutions in India with inexpensive fees are spread around the country and charge fees ranging from Rs.25000 to Rs.15 Lakhs for the entire MBA program. The only method to gain admission to a top MBA program is to do well on the entrance exam, such as the CAT/XAT/CMAT/MAH CET, and to apply for additional academic prerequisites.

Top MBA Colleges with Low Fees in India

Among the top MBA colleges with low fees, the Delhi University School of Management Studies (FMS) is the top low-fee MBA college. Following are some of India’s ten lowest MBA college fees

Top MBA college with Low Fees	Program Fee	Entrance Exam Accepted
Faculty of Management Studies (FMS) Delhi – University of Delhi	Rs. 25,000	CAT conducted by IIMs
Delhi School of Economics, Delhi University	Rs. 31,000	CAT conducted by IIMs
GGSIPU, Delhi	Rs. 56,000	Own Entrance exam in April
PUMBA, Pune	Rs.1,34,000	MAH CET/CAT/CMAT
SIMSREE, Mumbai	Rs.1,36,000	MAH CET/CAT/CMAT/XAT
Jamnalal Bajaj Institute of Management Studies (JBIMS)	Rs.6,00,000	MAH CET/CAT/CMAT/XAT

MBA Colleges with Low Fees – Other MBA Colleges with Low Fee

Apart from the above top MBA colleges with low fees, there are other top low-cost MBA colleges in India. Any of these MBA colleges with low costs are:

The very first feature of MBA colleges with low fees is that they deliver a low-fee university MBA. All of India’s leading B-schools that provide low-cost MBAs are associated with or run by Delhi University, Mumbai University, GGSIPU University Delhi, Delhi Technical University, and others. Any of the 20 IIMs is among the top 50 B-schools in India offering low-cost MBA programs.

Top MBA colleges in India include IIM Ahmedabad, IIM Calcutta, XLRI Jamshedpur, IIM Lucknow, IIM Indore, etc as per the NIRF rankings as well as other B-School surveys such as India Today and The Times. The best MBA colleges in India offer Regular MBA, Online as well as Distance MBA. In India, there are 4736 top MBA colleges amongst which 710 are government and 3969 are best private MBA colleges in India.

Lowest MBA Fees in India – Register Now For latest MBA Exam & Admissions Updates

Top MBA college with Low Fees	Programme Fee
Faculty of Management Studies (FMS) Delhi – University of Delhi	Rs. 1,94,000
Delhi School of Economics, Delhi University	Rs. 32,000
GGSIPU, Delhi	Rs. 59,000
PUMBA, Pune	Rs. 1,34,000

Top low fees MBA colleges in India charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 years full-time residential MBA or PGDM program. Best MBA colleges with low fees like IIMs, XLRI, MDI, and SPJIMR have a fee structure between 17 lakhs to Rs.24 lakhs. Some of the top B-schools in India offering affordable MBA with low fees are either affiliated to or are the management departments of the Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University among others. To get admission to a top MBA college with low fees, you should score high on the entrance exam like CAT/XAT/CMAT/MAH CET and have excellent academics/work experience. This article from MBAUniverse.com presents the best MBA colleges with low fees in India and will guide you in taking the right MBA admission decision. Minimum fees for mba is from Rs. 50,000 to Rs. 10 Lakhs for a 2-year full-time residential MBA or PGDM program. 

Top MBA colleges with low fees structure is given below in the article, which are known to be providing amazing placement opportunities, some of the good MBA colleges with low fees are Bangalore University, Pune University, Panjab University etc.

MBA college with Low Fees	Program Fee	Entrance Exam Accepted
Ambedkar University, Delhi	Rs.2,99,880	CAT/AUD MBA Entrance Test
Delhi Technical University (Formerly Delhi College of Engg.)	Rs.3,56,000	CAT conducted by IIMs
NITIE Mumbai	Rs.14,63,000/-	CAT conducted by IIMs
SJMSOM-IIT Bombay	Rs.10,35,000/-	CAT conducted by IIMs

Best MBA Colleges in India With Low Fees Without CAT

Many colleges in India offer MBA programs at a minimal cost. These courses are delivered based on entrance examinations conducted by the individual university. Here is a list of Best MBA colleges in india with low fees without CAT

Serial No.	Name of Colleges	Fee Structure
1	Guru Gobind Singh Indraprastha University [GGSIPU]	INR 56,000
2	Bangalore University	INR 66,000 to 75,000
3	Visvesvaraya Technical University [VTU]	INR 56,000 to 65,000
4	Dr. B.R. Ambedkar University	INR 2,99,880
5	University Business School - Panjab University	INR 50,000- 96,345
6	Sydenham Institute of Management Studies, Research & Entrepreneurship Education [SIMSREE]	INR 1,36,000
7	Tata Institute of Social Sciences [TISS], Mumbai	INR 1,14,600
8	Department of Management Sciences, University of Pune [PUMBA]	INR 1,34,000
9	Jamnalal Bajaj Institute of Management Studies [JBIMS], Mumbai	INR 6,00,000
10	Pune Institute of Business Management, Pune	INR 7,95,000

Fee Structure For MBA in Government Colleges

Top Government MBA Colleges in India with Low Fees – Because of their outstanding academic output, the top Indian government MBA colleges are internationally recognized. These colleges will accept your CAT score to admit you. These colleges strive to bring excellence to their students. Indian Institute of Management (IIM), is a well-known name for students who plan to study management master’s. Many students consider IIM a dream. IIMs is a grouping of 20 institutions that offer management education. Some of the most prestigious IIMs include IIM Ahmedabad and IIM Bangalore.

The faculty of Management Studies at the University of Delhi is another well-respected government MBA college in India. FMS is a well-known Indian MBA college that is known for its ability to teach students entrepreneurial skills. National Institute of Industrial Engineering in Mumbai; Department of Management Studies at Indian Institute of Technology Delhi ; JBIMS [Jamnalal Bajaj Institute of Management Studies in Mumbai]); and Department of Management Studies at Indian Institute of Science, Bangalore. These are just a few of the top government MBA colleges across India.

Q.Which is the best Government College for MBA in India?

Top government MBA colleges in India include the IIMs and IITs.

Top Government MBA Colleges in India.

Top MBA Colleges	NIRF Rankings 2021
Indian Institute of Management Ahmedabad	1
Indian Institute of Management Bangalore	2
Indian Institute of Management Calcutta	3

Q. Which is the cheapest college for MBA in India?

Cheapest colleges to study MBA courses in India

Name of the college	Average/Median Salary (in Rs.)
Delhi School of Economics, DU	-
Tata Institute of Social Sciences (TISS), Mumbai	Rs. 4.80 lakhs
Pune University Department of Management Sciences (PUMBA)	-
FMS BHU	Rs. 7.20 lakhs

Entry exams to admission to top Government MBA Colleges of India

CAT is one of India’s most popular management entrance exams. It is administered by IIMs to allow admission to top IIMs, as well as other top B-schools in India. It is usually conducted in the last week or so of November. To select the best colleges MBA colleges in India, they use the CAT score.

IIFT is another common management entrance test that is administered by the National Testing Agency to determine eligibility for admission to MBA IB (International Business).

Many top Indian government MBA colleges also accept /MAT scores. It is done four times a year to be eligible for admission into more than 500 B-Schools in India.

Common MBA Courses in India

• Marketing and Sales
• Human Resource Management
• Banking and Finance
• International Business

Q. What is the placement assistance offered by Top Government MBA Colleges of India?

It is not surprising that every year, many candidates take entrance exams in an attempt to gain admission to top Indian government MBA colleges. The colleges offer excellent placements and a wide range of professional opportunities. IIMs are well-known for their placement support. The median package IIM Ahmedabad students receive is 22.80 LPA, according to statistics from previous years. Excellent support is also available at other Indian government MBA colleges.

• Top MBA Colleges with Low Fees: India’s Lowest Fee MBA colleges are the high RoI Management Institutes
• Top MBA colleges in India with Low Fee charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 year full time residential MBA or PGDM programme. Other prominent MBA institutions, such as IIMs, XLRI, MDI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs. 
• Some of the best B-schools in India offering low-cost MBA programs are associated with or management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To gain admission to a top MBA schools with inexpensive tuition, you must do well on an entrance test such as the CAT/XAT/CMAT/MAH CET and have great academics/work experience.

Some insights of colleges from other regions as well: Fee Structure For MBA in Government Colleges

Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.

Colleges	Annual Fees
Jamia Millia Islamia University, New Delhi	INR 65,100
University of Delhi, Faculty of Management Studies, New Delhi	INR 96,000
Institute of Management Studies, Banaras Hindu University, Varanasi	INR 1,20,767
Department of Management Studies, Anna University, Chennai	INR 20,500
Pondicherry University, Pondicherry	INR 74,718
University of Jammu, Jammu	INR 78,071
Maharaja Sayajirao University of Baroda, Vadodara	INR 14,500
Ganpat University, Mehsana	INR 95,000
RKDF University, Bhopal	INR 50,000
Department of Management Science, Savitribai Phule Pune University, Pune	INR 66,194

Frequently Asked Questions

1. What is fees for MBA in India?

Ans. MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program. Take a look at MBA college fees in India range-wise also know the reason why MBA fee structure varies from one institute to another. MBA fees in India for the full-time programme ranges from INR 20,000 to INR 40 lakh.

2. What is the fees of top MBA colleges in India?

Ans. The present MBA Fee for IIMs ranges from Rs 12 Lakhs to Rs 23 Lakhs and the MBA Fee for Top PGDM B-schools like XLRI, MDI and SPJIMR ranges from Rs 15 Lakhs to Rs 23 Lakhs. So, MBA from most of the Top 10-20 B-schools in India will cost between Rs 12 lakhs and Rs 23+ Lakhs.

3. Which is the cheapest college for MBA in India?

Ans. Cheapest colleges to study MBA course in India – Placement

Name of the college	Average/Median Salary (in Rs.)
Delhi School of Economics, DU	-
Tata Institute of Social Sciences (TISS), Mumbai	Rs. 4.80 lakhs
Pune University Department of Management Sciences (PUMBA)	-
FMS BHU	Rs. 7.20 lakhs

4. Which is No 1 College for MBA in India?

Ans. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon to name a few.

5. Why is MBA so costly?

Ans. Many programs incorporate the costs of international business trips, real-world consulting projects, and other experiences into their fees. Equally, organizing career fairs, workshops, and coaching makes providing an MBA an expensive endeavor for schools.

6. How can I do MBA in low cost?

Ans. Register now for latest MBA Exam & Admissions Updates

Top MBA college with Low Fees	Programme Fee
SIMSREE, Mumbai	Rs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)	Rs. 6,00,000
BITS Pilani	Rs. 9,00,00
UBS Chandigarh-Panjab University	Rs. 38,000

7. Can I do MBA without fees?

Ans. Free MBA Programs There are actually some business schools that offers tuition-free accredited MBA programs. The Block School of Management at the University of Missouri-Kansas City offers its MBA program for free to all students enrolling in Fall 2016.

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