Table of Contents
Introduction
While looking for top MBA colleges, students often look for the Best affordable MBA colleges in India. There are multiple reasons for it. MBA in itself is an expensive course to pursue. Though the scope of opportunities really magnifies after an MBA course, withstanding the financial burden during the ongoing course may not be possible for a lot of people. In such cases, people often look for the Best affordable MBA colleges in India.
So, How do these Best affordable MBA colleges in India stand out among the rest?
The most significant feature of these top MBA colleges is obviously the tuition fee they charge. In addition to that, the MBA course in these universities is no less than in any other Top MBA college in India. These Best affordable MBA colleges in India have made a great reputation in the job market. So, if a candidate pursues an MBA course from these colleges, they’ll surely have a great return on investment for their MBA course.
Is competition high for these Best affordable MBA colleges in India?
Yes, unfortunately, the competition is high for these Best affordable MBA colleges in India, due to the very fact that one is getting a great MBA course at such low prices. Hence, the number of students who prepare for these Top MBA colleges is higher.
What other option do I have other than to pursue the course from the Best affordable MBA colleges in India?
There are many MBA colleges in India that offer a qualitative MBA at lower prices. There are many MBA colleges in the country that offer an MBA without a CAT exam. Getting into these MBA colleges is much easier for aspiring MBA students.
Best Affordable MBA Colleges in India
Here is the list of the Best affordable MBA colleges in India for students to check out. Kindly analyze the list given below and compare the colleges you are aiming for your MBA course.
| Name of the College | Total Fee |
|---|---|
| Delhi School of Economics, Delhi University | Rs. 32,000 |
| BITS Pilani | Rs. 12,00,000 |
| USMS, GGSIPU, Delhi | Rs.192,000 |
| PUMBA, Pune | Rs.1,34,000 |
| SIMSREE, Mumbai | Rs. 1,36,000 |
| JamnaLal Bajaj Institute of Management Studies (JBIMS) | Rs.6,00,000 |
| UBS Chandigarh-Panjab University | Rs. 42,000 |
| NITIE Mumbai | Rs.14,63,000/- |
| SJMSOM-IIT Bombay | Rs.10,08,000/- |
| DoMS-IIT Delhi | Rs. 10,40,000/- |
| Ambedkar University, Delhi | Rs.3,00,000 |
| Delhi Technical University (Formerly Delhi College of Engg.) | Rs.4,25,000 |
| Faculty of Management Studies (FMS) Delhi – University of Delhi | Rs. 1,94,000 |
Best MBA Colleges with Low Fees and Good Placements
When looking for top MBA colleges with low fees, students many times do not want to compromise their placement opportunities with that. For such cases, the list is given below for the best MBA colleges with low fees and good placements for one to comprehend. Have a look below:
| Name of the College | Highest Placement Package |
|---|---|
| Tata Institute of Social Sciences (TISS), Mumbai | 20.06 Lakh |
| KJ Somaiya Institute of Management Studies and Research, Mumbai | 10.05 Lakh |
| Department of Financial Studies (DFS), DU | 9.2 Lakh |
| Delhi School of Economics, DU | 13 to 14 Lakh |
| Pune University Department of Management Sciences (PUMBA) | 7.6 Lakh |
| FMS, Delhi | 20.96 Lakh |
Best MBA Colleges in India with low fees without CAT
CAT is a tough examination for MBA aspirants. The exhaustive exam many times gets difficult to crack after the students do take a or two off to prepare for it. In such cases, it is better to look for the Best MBA colleges in India with low fees without CAT, which offer as good MBA as any other Top college in India. For the Best MBA colleges in India with low fees without CAT check the list given below:
| Name of the College | Average Fee |
|---|---|
| Tata Institute of Social Sciences [TISS], Mumbai | INR 1,14,600 |
| Department of Management Sciences, University of Pune [PUMBA] | INR 1,34,000 |
| Guru Gobind Singh Indraprastha University [GGSIPU] | INR 56,000 |
| Jamnalal Bajaj Institute of Management Studies [JBIMS], Mumbai | INR 6,00,000 |
| Pune Institute of Business Management, Pune | INR 7,95,000 |
| Visvesvaraya Technical University [VTU] | INR 56,000 to 65,000 |
| Dr. B.R. Ambedkar University | INR 2,99,880 |
| University Business School – Panjab University | INR 50,000- 96,345 |
| Bangalore University | INR 66,000 to 75,000 |
| Sydenham Institute of Management Studies, Research & Entrepreneurship Education [SIMSREE] | INR 1,36,000 |
Top MBA colleges with low fees structure
Before pursuing an MBA course, an aspirant is advised to thoroughly go through the fee structure of the Top MBA colleges they are aiming for. This is done to keep all the preparation ready ( financial ones) before enrolling in a course, such as education loans, etc. For the Top MBA colleges with low fees structure, check out the list here below:
| Name of the College | Average Fees |
|---|---|
| Vignana Jyothi Institute of Management (VJIM) Hyderabad | Rs. 7. 60 Lakhs |
| Chandragupt Institute of Management Patna (CIMP) | Rs. 7. 65 Lakhs |
| Aditya School of Business Management (ASBM) Mumbai | Rs. 7. 80 Lakhs |
| Dayananda Sagar Business School | Rs. 8. 15 Lakhs |
| Jaypee Business School (JBS) Noida | Rs. 9. 09 Lakhs |
| Delhi School of Business, VIPS - Technical Campus | Rs. 9. 25 Lakhs |
| Gitarattan International Business School - GIBS Delhi | Rs. 3.76 Lakhs |
| Sri Sri University Cuttack | Rs. 6. 60 Lakhs |
| Siva Sivani Institute of Management (SSIM) Hyderabad | Rs. 6. 90 Lakhs |
| Kohinoor Management School Mumbai | Rs. 7. 00 Lakhs |
| Durgadevi Saraf Global Business School (DSGS) Mumbai | Rs. 7. 25 Lakhs |
| Rajagiri Business School (RBS) Kochi | Rs. 7. 36 Lakhs |
| Rajalakshmi School of Business (RSB) Chennai | Rs. 7. 82 Lakhs |
| SCMS Cochin School of Business (SCMS) Cochin | Rs. 7. 95 Lakhs |
| Institute of Management Studies (IMS) Ghaziabad | Rs. 7.95 Lakhs |
| Dayananda Sagar University Bangalore | Rs. 8. 00 Lakhs |
| Institute of Public Enterprise (IPE) Hyderabad | Rs. 8. 00 Lakhs |
| Vivekanand Business School (VBS) Mumbai | Rs. 8. 00 Lakhs |
| Jaipuria School of Business (JSB) Ghaziabad | Rs. 8. 20 Lakhs |
| Globsyn Business School (GBS) Kolkata | Rs. 8. 35 Lakhs |
| Jagannath International Management School (JIMS) Kalkaji | Rs. 8.70 Lakhs |
| SIES College of Management Studies Mumbai | Rs. 9. 00 Lakhs |
| AIMS School of Business (AIMS Institutes) | Rs. 9. 06 Lakhs |
Top government MBA colleges in India with low fees
The government institution is famous for the best affordable education at a lower price. There are many Top government MBA colleges in India with low fees which students can check out to pursue their MBA dream. These Top government MBA colleges in India with low fees also ace the list of Top MBA colleges in India. To comprehend better, have a look at the given list below:
| Name of the College | Fee Structure |
|---|---|
| IIM Nagpur | Rs.13,75,000 |
| National Institute of Industrial Engineering, (NITIE) Mumbai | INR 13.43 lakh |
| Indian Institute of Technology, (IIT) Madras | INR 9.14 lakh |
| IIM Tiruchirappalli | Rs.19,50,000 |
| IIM Udaipur | Rs.21,40,000 |
| Indian Institute of Technology (IIT) Bombay | INR 8.27 lakh |
| IIM Bodhgaya | Rs.15,50,000 |
| IIM Jammu | Rs.17,15,000 |
| IIM Amritsar | Rs.16,00,000 |
| IIM Sirmaur | Rs.11,75,000 |
| IIM Sambalpur | Rs.13,03,000 |
| IIM Visakhapatnam | Rs.17,85,000 |
| IIM Raipur | Rs.14,36,000 |
| IIM Rohtak | Rs.17,90,000 |
Top 10 MBA colleges in India with fee structure
Even when looking for the Best affordable MBA colleges in India, students should also look for the Top 10 MBA colleges in India as well. As most of these are government-funded institutions, there are many scholarship programs for students from diverse backgrounds as well. The MBA aspirants can check out these Top 10 MBA colleges in India with fee structures to analyze and take a better decision:
| Name of the College | Exam Score Accepted | Average Fees |
|---|---|---|
| IIT Delhi: Department of Management Studies New Delhi | CAT | INR 8,80,000 |
| IIM Calcutta: Indian Institute of Management | CAT, GMAT | INR 22,60,000 |
| IIM Ahmedabad: Indian Institute of Management | CAT, GMAT | INR 23,00,000 |
| IIM Lucknow: Indian Institute of Management | CAT, GMAT | INR 19,25,000 |
| ISB Hyderabad: Indian School of Business | GRE, GMAT | INR 22,50,000 |
| IIM Indore: Indian Institute of Management | CAT, GMAT | INR 21,07,000 |
| IIT BOMBAY: Shailesh J Mehta School of Management Mumbai | CAT | INR 8,30,000 |
| NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM | NMAT | INR 20,80,000 |
| IIM Bangalore: Indian Institute of Management | CAT, GMAT | INR 23,20,000 |
| IIM Kozhikode: Indian Institute of Management | CAT, GMAT | INR 19,00,000 |
Frequently Asked Questions about Best Affordable MBA Colleges in India
Here are the most frequently asked questions on this topic. Have a look below:
Q. Which are the top three Best affordable MBA colleges in India?
Ans. The top three Best affordable MBA colleges in India are:
- SJMSOM-IIT Bombay
- DoMS-IIT Delhi
- BITS Pilani
Q. Is BITS Pilani among the Best affordable MBA colleges in India?
Ans. Yes, BITS Pilani is also among the Best affordable MBA colleges in India
Q. Will I’ll be able to do a qualitative course even from the Best affordable MBA colleges in India?
Ans. Yes, you’ll be able to do a qualitative course even from the Best affordable MBA colleges in India. These colleges may have a low structure, but it does not hinder them from imparting qualitative education to the students.
Q. Is the Faculty of Management Studies, University of Delhi also among the Best affordable MBA colleges in India?
Ans. Yes, Is Faculty of Management Studies, University of Delhi is also among the Best affordable MBA colleges in India.
Q. Will one get a good placement after completing the course from the Best affordable MBA colleges in India?
Ans. Definitely. One can expect great placement opportunities after completing the course from the Best affordable MBA colleges in India. These Best affordable MBA colleges in India are among the top because of the top-notch placement packages they provide.
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