Best MBA Colleges in India with Low Fees

Best MBA Colleges in India with Low Fees

Top MBA colleges with low fees in India are distributed throughout the country and charge a fee from Rs.25000 to Rs.15 Lakhs for the full MBA curriculum. The only way to get into a top MBA institution is to do well on the entrance exam, such as the CAT/XAT/CMAT/MAH CET, and to apply for other needed academic requirements.

Top MBA colleges in India with Low fees offer high RoI MBA programs. These Top B-schools in India offering affordable MBAs include FMS, JBIMS, SIMSREE, PUMBA, UBS, USMS, and SRM among others. They charge fees ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA program, as opposed to many of the more costly MBA universities, which charge fees ranging from Rs.18 lakhs to Rs.25 lakhs.

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. 

What are the Top MBA colleges with low fees in India? It’s one of the frequently asked questions we come across and this article provides you with the latest information on the Best B-Schools and the last dates to apply for their courses. Top MBA Colleges in India With Low Fees. Faculty of Management Studies is one of the top-ranking management institutes in India which offer MBA courses at the cheapest prices starting at Rs 20,960 only. It is one of the best MBA colleges in India with low fees.

People Also Ask -

1. Can I do MBA free?

Answer. Yes, top business schools do offer free online MBA courses as well as a variety of other classes. Many of these courses are available through Coursera and edX. Business Insider wrangled a list of free online courses and the top Universities that offer them.

2. Why IIM fees is so high?

Answer. Although IIMs are government institute, most IIMs are self reliant and do no depend on government for funding. Hence to attract quality professors they need to charge higher fee.

3. Which test is recognized to be accepted by Tata Institute for Management Studies? What is the fee for admission?

Answer. TISSNET is approved as a valid application to the Tata Institute for Management Studies. The cost of admission to TISS will be the equivalent of INR 1.02 lakhs.

I was a candidate for the ATMA exam in 2022 (February session). Am I able to get into Christ International University?

It is true that the ATMA score is accepted at Christ University.

4. What is the minimum I have to score on the the CAT exam in order to gain admission into FMS, Delhi?

Answer. Candidates who want to be admitted into FMS need to score at minimum 98% on aggregate in the CAT test.

5. Does FMS, Delhi provide scholarships?

Answer. Absolutely, FMS provides the following scholarship opportunities:

• OPJEMS scholarship
• NTPC scholarship
• Aditya Birla scholarship

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:

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

S. No.	College	Scores Accepted	Flagship Program Name	Course/Tuition Fee (in Rs.)	Average Salary Package (Rs. Lakh Per Annum)

1	FMS, Delhi	CAT	Full Time MBA	20,960	20.96
2	Department of Financial Studies (DFS), DU	CAT	MFC / MBE	48,000	9.2
3	Delhi School of Economics, DU	CAT	MBA (IB/HRD)	31392	13 to 14
4	Tata Institute of Social Sciences (TISS), Mumbai	TISSNET	MBA in HRM and LR	1,14,600	20.06
5	Pune University Department of Management Sciences (PUMBA)	For Maharashtra candidates- MAH CET For OMC: CAT/MAT/ATMA/XAT/ MAH CET	Full-time MBA	For Maharashtra state candidates: 1.32 lakh For all other state candidates: 1.33 lakh	7.6
6	KJ Somaiya Institute of Management Studies and Research, Mumbai	CAT / CMAT / GMAT / XAT	PGDM	12,35,850- Tuition Fees	10.05

MBA Colleges in India with Good Placement and Low Fees

1. Faculty of Management Studies, Delhi - Current Tuition Fee Rs 20,960

The price for a two-year full-time MBA program in FMS is governed by Delhi University, which was founded in 1954. (DU). This is one of the MBA institutions with fees under 5 lakhs. For the past two years, the price structure has been consistent at roughly Rs.10,000 each year, with the whole cost including meals and lodging not surpassing Rs.1 lakh. In 2019, FMS Delhi had an average income of Rs. 20.96 LPA and ranked first among the most cheap B-schools in India with a strong Return on Investment. FMS is one of the top MBA institutions in India with inexpensive tuition.

For admission to its MBA program, FMS considers CAT scores, with a cutoff of roughly 98.00+ percentile. Top recruiters at this Red Building of Dreams include EY Consulting, Accenture Strategy, Star India, ITC, IBM, Goldman Sachs, HSBC, ICICI Bank, RBL Bank, and Reliance, among others. The institute is part of one of the world’s greatest universities, the University of Delhi, which has some of the best teachers. FMS is regarded as one of the top MBA institutions in India with inexpensive tuition. FMS now offers a part-time MBA program for students with prior job experience.

2. Department of Financial Studies (DFS), Delhi University (DU) – Current Fee Rs. 26,000

DFS provides two full-year MBA programs: MBA in Financial Management and MBA in Business Economics, with 32 and 82 seats available. In DFS, selection is based on CAT score. In 2019, the average placement salary was Rs. 9.2 LPA. Axis Bank, ICICI Bank, and American Express are among the top recruiters for DFS positions..

3. Delhi School of Economics (DSE), Delhi University (DU) – Current Fee Rs. 36,000

DSE provides Masters of Business Administration (MBA) in International Business (IB) and Human Resource Development (HRD) in a Full-Time Two-Year Course for as little as Rs.18,000 a year. For admission into 146 seats, it accepts CAT scores. Each program has 75 seats (62+13) for MBA(IB) and MBA(HRD). For the 2019 cohort, the average placement for MBA programs was Rs.13 to 14 LPA.

4. Tata Institute of Social Sciences (TISS), Mumbai – Current fees Rs. 1 Lakh

The Human Resources Management program at TISS Mumbai is well-known. Placements of up to Rs. 20.06 LPA average pay, location, fair course, and so on, resulting in hundreds of polished students every year. The TISSNET score is used to determine admission. The total cost of an MBA at TISS is around Rs. 2.38 lakh, which includes room and board.

5. Department of Management Sciences (PUMBA), Pune University - Current fee Rs 1.3 lakh

For candidates from outside Maharashtra, the Pune University Department of Management Sciences (PUMBA) charges a slightly higher price (OMS). The price for Maharashtra applicants is Rs.66,194 for one year (2018-19 session), whereas the fee for All India candidates for the flagship two year MBA is Rs.66,694. Reserved applicants, such as SC/ST/OBC, pay Rs. 32,500 per year. The PUMBA qualifying test is also structured differently. For Maharashtra aspirants, the MAH CET test must be passed. Students from outside Maharashtra (OMS) can apply using the CAT/MAT/ATMA/XAT/MAH CET.

PUMBA, founded in 1971, is one of India’s earliest management institutes and a pioneer in its own right. The National Research Council just awarded the university the highest grade.

The National Council of Assessment and Accreditation just awarded the university the highest grade (Bangalore). The University is also designated as a University of Potential Excellence by the University Grants Commission (UGC). In 2019, the average placement salary was Rs. 7.06 LPA.

6. KJ Somaiya Institute of Management Studies and Research, Mumbai – 12,35,850- Tuition Fees for PGDM Programme

The two-year MMS program is fairly affordable, costing only Rs.2.04 lakh. However, the Full-time MBA flagship programme at SIMSR, Mumbai is more expensive, costing roughly Rs.11 lakh. K J Somaiya has continuously been placed among India’s top 25 management institutes and top ten private sector B-schools. All programs at K J Somaiya have been authorized by AICTE, MHRD, the Government of India, and the University of Mumbai. The program has 121 places available, with half of them earmarked for Gujarati Linguistic Minority. The two-year full-time program with autonomy is divided into six trimesters. The average income at Placement 2019 was Rs. 10.05 LPA, with the maximum compensation being Rs.24 LPA. 

Below is a list of top MBA colleges in India with low fees but with a slightly higher fee to help students in arranging for the MBA Programme.

Top B-schools with Fee below Rs. 10 Lakh

S. No.	College	Scores Accepted	Flagship Program Name	Course/Tuition Fee (in Rs.)	Average Salary Package (in Rs. Lakh Per Annum)

1	Jamnalal Bajaj Institute of Management Studies, (JBIMS) Mumbai	CAT/ XAT/ MAH CET/CMAT	Full time Masters in Management Studies (MMS)	3 lakh	18.91
2	NITIE, Mumbai	CAT	PGDIM/PGDISEM, Fellowship Program, PGDIE, PGDMM and PGDPM.	7 lakh	19.77
3	DMS, IIT Delhi	CAT	Full Time MBA	8 lakh	16.54
4	DMS, IIT Roorkee	CAT	2 years PGDM	8.24 lakh	9.18
5	Shailesh J. Mehta School of Management, IIT Bombay	CAT	2 Years Full-Time MBA/ MMS	8.15 lakh	25.8

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

Given below is a summary of the Best MBA colleges in India with low fees without CAT

Guru Gobind Singh Indraprastha University [GGSIPU]

Guru Gobind Singh Indraprastha University, also known as GGSIPU, was established under the Guru Gobind Singh Indraprastha University Act, Government of Delhi, in 1998. It is accredited through the Association of Indian Universities [AIUas well as The University Grant Commission [UGC]. GGSIPU has been recognized by UGC and is accredited by the NAAC. The university provides undergraduate, postgraduate, and doctoral degrees. Alongside the highest quality education, it also grants students with financial aid.

Bangalore University

Bangalore University was established in 1964 in order to provide a class-apart curriculum to students enrolled in various courses. It is one of the top institutions in India and has been approved by NAAC which is recognized and endorsed by UGC. It offers a range of undergraduate and postgraduate classes in the fields of arts, social sciences and commerce, science technology, law and. MBA can be considered among the most choices of courses.

Visvesvaraya Technical University [VTU]

VTU is among the top universities in India which offers programs in engineering and technical research, education, and innovation since the beginning of its existence at the end of 1998. VTU includes 219 college affiliated as well as one constituent college, and 17 autonomous colleges. It offers 35 undergraduate courses and 94 postgraduate programs that are in the Engineering discipline as well as the MBA program. Admission to courses is determined by admission tests.

Dr. B.R. Ambedkar University

Dr. B.R. Ambedkar University (Ambedkar University Delhi or AUD) was established by the Government of the National Capital Territory of Delhi through an Act of Legislature in 2007. The main purpose of this university is to promote respect for the diversity of society and to promote honesty, humility, dedication for human values, collaboration, and openness. AUD offers admission to a variety of undergraduate and postgraduate programs.

In addition, there are 44 seats available to MBA programs. Candidates must achieve at least 50% on their final exams to be eligible for admission.

University Business School - Panjab University

University Business School (UBS) has been offering management courses for decades , since its inception around 1995. UBS has always been ranked among the best management schools across India. In addition, the University Grant Commission recognizes UBS. UGC has provided funding to its University Business School under its famous ASIHHS Program.

The admission to MBA program MBA program is granted upon passing the entrance test administered through Panjab University and based on your performance during the GD round.

Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE)

SIMSREE is well-known for the high-quality training it has provided since its founding at the age of 1983. It is accredited through the All India Council for Technical Education [AICTEThe AICTE. It offers courses in a variety of management disciplines, based on admission tests. In order to be eligible for admission to MBA programs, students must be able to score at least 55% overall from any accredited institution or comparable.

Tata Institute of Social Sciences [TISS]

The institute was initially founded in 1936, the institute was initially named Sir Dorabji the Tata Graduate School for Social Work, the school in 1936, the school was changed in 1934 to Tata Institute of Social Sciences in 1944. The primary goal that the Institute has is to provide higher education to an ever-changing society. It has been acknowledged through The University Grants Commission Act (UGC) since 1956. It offers postgraduate and research programs.

Department of Management Sciences, University of Pune [PUMBA]

Since its inception around 1971 Since its inception, the Department of Management Sciences, University of Pune (PUMBA) has helped shape the future of students by offering top-quality training and facilities. PMBA is acknowledged as a university by University Grants Commission (UGC) as the University of Potential Excellence.

Admissions to the various MBA programs are made via entrance exams. Students must achieve at least 50% of their total score in order to be considered to be considered for admission.

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

JBIMS was founded in 1965 and is affiliated to the University of Mumbai. JBIMS is endorsed through the All India Council for Technical Education [AICTEIt is a member of the All India Council for Technical Education [AICTE]. The goal of JBIMS is to sustain high standards and help young minds develop into professional leaders. The institute organizes various seminars and has guests lecturers to enhance the education of students. It is also one of the top B-schools in the entire country.

Pune Institute of Business Management [PIBM]

Since its beginning 2007 Pune Institute of Business Management is among the top management schools in Pune. In the past students have favored the admissions to this institution over other institutions. The institute is associated to Savitribai Phule Pune University (SPPU) and is accredited by NAAC. It provides MBA, PGDM and PGDM Executive courses in various areas of specialization. Additionally, it organizes a variety of seminars, summits, and digital courses.

Best MBA colleges in india with low fees without CAT admission test provide individuals with identical educational opportunities as those who have CAT scores. CAT scores, on the other hand, are generally recognized, but with the tremendous growth in competition, no one student can pass the CAT exam. As a result, they look for MBA programs that do not need the CAT.

Furthermore, MBA course expenses are often on the pricier side. It might be difficult for students to organize course costs at times. However, there are certain colleges that provide direct admission to pupils.

Conclusion:

MBA from India is likely to be the only postgraduate program that is short-term and has a high yield. The biggest obstacle when it comes to completing an MBA at the top MBA college is the high cost, in addition to being prepared well and scoring highly in the entrance test. Your dream of completing an MBA at one of the top MBA colleges rests on two essential elements – the two-year MBA fee and the potential for career advancement based on the current trends in placement that is, what is the ROI on your investment.

It is now easier to make the choice of pursuing MBA thanks to the MBA fee structure with a low price at a glance at the top MBA schools that have low fees. This will assist you in arranging your financial plan for the MBA program from one of the best B-schools across India.

We hope this article was helpful in giving a broad overview of MBA colleges that have low fees in India and their admissions status. This page will be updated regularly with the most current information.

Frequently Asked Questions

1. Which MBA college has best placement with low fees?

Answer. Top MBA Colleges in India With Low Fees

B-school	Course Name	*Fees
ASM's Institute of Business Management and Research-IBMR	MBA	INR 3 L - 6.5 L
Amity University	MBA in Agriculture and Food Business	INR 4.86 L - 20.16 L
Ambedkar University	MBA	INR 3 L
AIMS Institute of Management Studies	MBA	INR 3.95 L - 5.9 L

2. Which IIM has lowest fees for MBA?

Answer. IIM Sirmaur has the lowest MBA fees. For the batch of 2021-2023, it was INR 11.75 lakh. The fees can be paid in instalments and there are scholarships and loan assistance available.

3. Which is the cheapest IIM in India?

Answer. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. Ahmedabad, the most expensive of the country’s eight IIMs, charges.

4. Can I do MBA free?

Answer. Yes, top business schools do offer free online MBA courses as well as a variety of other classes. Many of these courses are available through Coursera and edX. Business Insider wrangled a list of free online courses and the top Universities that offer them.

5. Why IIM fees is so high?

Answer. Although IIMs are government institute, most IIMs are self reliant and do no depend on government for funding. Hence to attract quality professors they need to charge higher fee.

6. Which test is recognized to be accepted by Tata Institute for Management Studies? What is the fee for admission?

Answer. TISSNET is approved as a valid application to the Tata Institute for Management Studies. The cost of admission to TISS will be the equivalent of INR 1.02 lakhs.

7. I was a candidate for the ATMA exam in 2022 (February session). Am I able to get into Christ International University?

Answer. It is true that the ATMA score is accepted at Christ University.

8. What is the minimum I have to score on the the CAT exam in order to gain admission into FMS, Delhi?

Answer. Candidates who want to be admitted into FMS need to score at minimum 98% on aggregate in the CAT test.

9. Does FMS, Delhi provide scholarships?

Answer. Absolutely, FMS provides the following scholarship opportunities:

• OPJEMS scholarship
• NTPC scholarship
• Aditya Birla scholarship

10. How many tests are recognized as valid by Jamnalal Bajaj Institute of Management Studies?

Answer. JBIMS, Mumbai accepts scores of CAT GMAT, XAT ATMA CMAT, MAH and CET.

He or She scored 95 percent in the CMAT test. Are they eligible to be admitted to at the 

11. Department of Management Studies, Pune University?

Answer. The typical CMAT score for Pune University is between 95-99 percentile. Students who score 95 percent on the CMAT test have a good chance of being accepted into this university.

12. Does the cost for accommodation included in the admissions fees at TISS?

Answer. The admissions cost is for Day Scholars and Hostelers is different at TISS. If the applicant prefers accommodation, fees for admission will include an accommodation charge.

13. Do The Department of Financial Studies, University of Delhi accept scores from entrance exams other than the CAT?

Answer. The scores of CAT exams are recognized at The Department of Financial Studies, University of Delhi.

14. How do I find the cutoff for CAT? Amity University?

Answer. Amity University provides admissions to students who scored between 70 and 80 percentile on the CAT exam.