Low Fees MBA Colleges in India 2022 provide MBA programs with a great return on investment. FMS, USMS, SIMSREE, JBIMS, UBS, PUMBA, and SRM are among the top B-schools in India that provide cheap MBA programs. They offer 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.
Low Fees MBA Colleges in India 2022 charge fees ranging from Rs. 50,000 to Rs. 10 Lakhs for a two-year full-time residential MBA or PGDM program. Other prominent MBA colleges in India, such as IIMs, MDI, XLRI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs. Some of the Low Fees MBA Colleges in India 2022 are associated with or house management departments at Mumbai University, Bangalore University, GGSIPU University Delhi, Delhi University, Pune University, and Panjab University, among others. To get admission to a Low Fees MBA College in India 2022, you must do well on an entrance test such as the CAT, MAT, CMAT, and more and have a learning experience.
MBA Colleges with Low fees
MBA is one of the most popular postgraduate programs in India, with several employment opportunities. MBA programs may be expensive. However, if an MBA is your desire, it does not have to be prohibitively expensive. There are several excellent colleges in India that provide MBA programs at reasonable costs. MBA programs offered by government colleges and universities are significantly less expensive than those offered by private schools. Those who want to pursue an MBA should first develop a list of universities that they want to attend. They must make a selection based on their specification and budget rather than being swayed by the tide. Here is the list of MBA Colleges with Low fees which are mentioned below:
|MBA College||Fees (Rupees)|
|VIT Business School Vellore||7,02,000|
|Chandragupt Institute of Management Patna||7,65,000|
|JIMS Rohini Delhi||7,95,000|
|Jaipuria School of Business, Ghaziabad||7,50,000|
|Firebird Institute of Research in Management Coimbatore||4,80,000|
|K R Mangalam University Delhi||2,60,000|
|St. Kabir Institute of Professional Studies Ahmedabad||4,95,000|
|SRM University Chennai||5,00,000|
|IMS Ghaziabad (University Courses Campus)||5,48,500|
|Pune Business School||5,50,000|
|NSB Academy Bangalore||7,10,000|
Top MBA Colleges in India with Fees
This is an important factor that influences student selection during admissions. Many students research the best MBA institutions in India with costs in order to better comprehend and prepare for admissions. The top MBA colleges in India, both private and public, are listed below.
Top Private MBA colleges with Fee
|S. No||Name of the college||Total Course Fee|
|1||XLRI Xavier College of Management, Jamshedpur||Rs 25.80 lakhs|
|2||MDI Gurgaon||Rs 18.51 lakhs|
|3||SPJIMR, Mumbai||Rs 19 lakhs|
|4||Great Lakes, Chennai||Rs 15.86 lakhs|
|5||TAPMI Manipal||Rs 16 lakhs|
Top Public MBA Colleges with Fee
|S.No||Name of the college||Course fee to be paid|
|1||Indian Institute of Management, Ahmedabad||Rs 23 lakhs|
|2||Indian Institute of Management, Bangalore||Rs 23 lakhs|
|3||Indian Institute of Management, Calcutta||Rs 23 lakhs|
|4||Indian Institute of Management, Lucknow||Rs 19 lakhs|
|5||Faculty of Management Studies University of Delhi||Rs 20.96 lakhs|
Top MBA Colleges – Tier 1
These institutes are top-tier and widely regarded as the greatest B-Schools in the country. They have continuously been listed among the top 15 B-Schools in India and are popular among recruiters in terms of brand value and educational excellence. These B-Schools are extremely competitive and difficult to get into (but don’t let that deter you!) A student must be in the top 1% or 2% of his or her class to be considered for admission. The list below includes a decent mix of Top IIMs and Private B-Schools.
- Faculty of Management Studies, University of Delhi (FMS)
- Indian Institute of Foreign Trade, New Delhi (IIFT)
- Indian Institute of Management, Ahmedabad (IIM A)
- Indian Institute of Management, Bangalore (IIM B)
- Indian Institute of Management, Calcutta (IIM C)
- Indian Institute of Management, Indore (IIM I)
- Indian Institute of Management, Kozhikode (IIM K)
- Indian Institute of Management, Lucknow (IIM L)
- Indian School of Business, Hyderabad (ISB)
- Jamnalal Bajaj Institute of Management Studies (JBIMS)
- Management Development Institute, Gurgaon (MDI)
- National Institute of Industrial Engineering, Mumbai (NITIE)
- Shailesh J. Mehta School of Management, IIT Bombay (SJMSOM)
- S. P. Jain Institute of Management and Research, Mumbai (SPJIMR)
- Xavier School of Management, Jamshedpur (XLRI)
Top MBA Colleges – Tier 2
Tier 2 Bschools are next in line, having developed a brand identity and a track record of steady placement. In terms of rankings, these institutes are in the second tier (top 15 to 30). Some institutes are older, while others are newer and more promising. These B-Schools remain an excellent choice for anybody seeking an MBA from a reputable B-School.
- Department of Management Studies, IISc, Bangalore
- Department of Management Studies, IIT Delhi
- Department of Management Studies IIT Madras
- Indian Institute of Management, Kashipur
- Indian Institute of Management, Raipur
- Indian Institute of Management, Ranchi
- Indian Institute of Management, Rohtak
- Indian Institute of Management, Shillong
- Indian Institute of Management, Trichy
- Indian Institute of Management, Udaipur
- Narsee Monjee Institute of Management Studies, Mumbai (NMIMS)
- PGDBA – IIM Calcutta, IIT Kharagpur, ISI Kolkata*
- Symbiosis Centre for Management and Human Resource Development, Pune (SCMHRD)
- Symbiosis Institute of Business Management, Pune (SIBM)
- Tata Institute of Social Sciences, Mumbai (TISS)
- Vinod Gupta School of Management, IIT Kharagpur (VGSOM)
- Xavier Institute of Management (XIMB), Bhubaneswar
Top MBA Colleges in India – Cutoff
Most hopefuls look for the top MBA college cutoff so that they may prepare and aspire for it. Most of India’s top MBA universities accept CAT percentile scores for MBA admissions. MBA applicants often target the IIMs first, followed by other top MBA institutes in India. The following is a list of the CAT cutoffs for the best MBA institutions in India.
Top IIMS with cutoff (expected)
|Name of the IIM college||Expected CAT cut-off in percentile|
CAT Cutoff for Top MBA Colleges other than IIMs
|List of B-schools||Expected CAT Cutoff|
|Faculty of Management Studies, University of Delhi||98.20 Percentile|
|DMS, IIT Delhi||98+ Percentile|
|Loyola Institute of Business Administration (LIBA) Chennai||90+ Percentile|
|SJMSOM, IIT Bombay||99+ Percentile|
|Institute of Management Technology (IMT) Ghaziabad||90+ Percentile|
|Management Development Institute (MDI) Gurgaon||95+ Percentile|
|NITIE Mumbai||95+ Percentile|
|SP Jain Institute of Management and Research (SPJIMR) Mumbai||85+ Percentile|
|Xavier Institute of Management Bhubaneswar (XIMB)||90+ Percentile|
|Department of Management Studies, IIT Madras||95+ Percentile|
|T A Pai Management Institute (TAPMI) Manipal||85+ Percentile|
IIMs with Low Fee MBA
Although the MBA cost at IIMs is relatively high in comparison to other MBA institutions in India, there are several IIMs that provide low-fee MBA programs. While IIM Ahmedabad, Bangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programs for between Rs.10 Lakhs and Rs.15 Lakhs. The IIMs that provide low-fee MBAs are also among the best MBA schools providing low-fee programs. The following are some of the IIMs that offer low-cost MBA programs:
|IIMs with Low Fee MBA||MBA Fee Structure|
Top MBA Colleges in Mumbai with Low Fees
the average annual fee in Top MBA colleges in Mumbai for pursuing MBA programs is INR 55,000 – 23 Lakhs. Mumbai University, KCCMS Mumbai, and KJSCCETR Mumbai are some of the top MBA colleges in Mumbai with low fees than INR 60,000. The following are the Top MBA colleges in Mumbai with low fees:
|Name of the College||Average Annual Fees|
|K. C. College of Management Studies – [KCCMS], Mumbai||INR 45,000|
|Indian School of Management & Studies – [ISMS], Mumbai||INR 44,090|
|Mumbai University – [MU], Mumbai||INR 55,000|
|K. J. Somaiya Comprehensive College of Education Training and Research – [KJSCE], Mumbai||INR 36,250|
|IIT Bombay – Indian Institute of Technology – [IITB], Mumbai||INR 50,400|
|National Academy of Management Studies – [NAMS], Mumbai||INR 25,000|
|Hansraj Jivandas College of Education, Mumbai||INR 6,600|
|The University of Mumbai, Institute of Distance & Open Learning – [IDOL], Mumbai||INR 17,625|
|SNDT Women’s University, Centre of Distance Education – [SNDT CDE], Mumbai||INR 15,800|
|Thakur Institute of Management Studies and Research – [TIMSR] Mumbai||INR 63,791|
Top 20 MBA Colleges in India with Low Fees
1. Christ University Bangalore
Christ University, Bangalore, is the first on our list of the best 20 MBA institutions in India with inexpensive tuition. The college is somewhat ancient, having been founded in 1969.
They provide MBA courses in a variety of specializations such as Business Analytics, Marketing, Human Resources, Finance, and others. This college accepts the following entrance tests for MBA admissions: CAT, XAT, MAT, ATMA, and CMAT.
The MBA tuition at this college is around 4.35 lakhs. The typical placement starts at 6 LPA and progresses to 15 LPA. The lowest pay is approximately 3 LPA. Hyundai, IBM, KPMG, Accenture, and Infosys are the top companies to recruit from this college.
Check out their website at https://www.christuniversity.in
2. Department of Financial Studies, Delhi University
The next college on our list of the top 20 MBA colleges in India with inexpensive fees is the department of financial studies. This Delhi University college exclusively accepts CAT test results for MBA admissions. It is one of the cheapest colleges in India, offering MBA for 3 lakhs and providing the best return on investment.
The average wage supported by the majority of students from this college is 9.2 LPA, with the maximum pay reaching 18 LPA. So spending 3 lakhs and receiving at least double the amount in a year is a fantastic deal.
Axis bank, Deshaw, KPMG, and SBI are the main recruiters.
Check out their website at https://mfc.edu
3. Tata Institute of Management Studies (TISS), Mumbai
TISS is a well-known and well-respected MBA college in India. Many people are surprised that this college is among the top 20 MBA colleges in India with inexpensive tuition. The cost of an MBA from TISS is around 2.38 lakhs.
This college’s educational quality is considerably superior to that of many other prestigious institutions. By all accounts, this is one of the top MBA institutions in India. Placements here are available up to a CTC of 20.06 LPA.
The top firms that give placements include Palmolive, Colgate, Taj Group, Infosys, Dell, and Swiggy.
Check out their website at https://www.tiss.edu
4. Delhi Technical University (DTU), Delhi
DTU is the next Delhi institution on our list of the best 20 MBA colleges in India with inexpensive fees. This college admits MBA students based on their CAT results. This university is well-known for having some of the greatest MBA instructors in the country. They even brag about their professor rank.
The cost of this college’s MBA is roughly 3.56 lakhs, which is reasonable for this program. Their average annual wage rises to 6.4 LPA.
This college’s top recruiters include HP, HCL, Amazon, Genpact, Vivo, Yes Bank, and many more.
Check out their website at http://dtu.ac.in
5. Department of Management Sciences, (PUMBA) Pune
The Pune University department of management sciences, also known as the Pune University MBA, is one of the top institutions in India to study for an MBA. This is without a doubt one of the top 20 MBA institutions in India with inexpensive tuition. This institute is associated with the University of Pune and provides an MBA for as little as 1.33 lakhs.
To gain admission to this college, candidates must take any of the following exams: CAT, MAT, XAT, CMAT, CET, ATMA, and MAH. The college offers positions starting at about 6.4 LPA. Some of the prominent organizations that hire from this campus include Croma, Bajaj Finserv, and Aditya Birla Group.
Read More – Top 20 IIITs of India
Check out their website at https://www.pumba.in
6. Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
Jamnalal Bajaj Institute of Management Studies is another Mumbai-based college that makes our list of the top 20 MBA colleges in India with inexpensive fees (JIBMS). The college was established in 1965. It is a university college associated with the University of Mumbai.
This college’s MBA program costs roughly 3 lakhs. The following examinations are accepted for admission to this college: ATMA, MAH, CAT, MAT, and CET. The college’s top package is more than 17 LPA. This demonstrates that the ROI may be as high as six times the expenditure.
The major firms that hire students from this college are Indian Express, Godrej, Vodafone, bISLERI, and HSBC.
Check out their website at https://jbims.edu
7. Faculty of Management Studies (FMS), Delhi University
DU is famous for having some of the top 20 MBA colleges in India with low fees. FMS is another one from DU. The mind-blowing price of an MBA course from this college is around twenty thousand only.
The university is affiliated with Delhi University and is one of the best places to pursue an MBA from. CAT exam scores are accepted for admission to this college. The highest package offered by the college is around 23.2 LPA. Nestle, Paytm, SBI, HSBC, IBM, and Pepsico are some of the companies to recruit from the campus.
Check out their website at http://www.fms.edu
8. Ambedkar University, Delhi
Ambedkar College is another Delhi college on our list of the best 20 MBA colleges in India with inexpensive fees. The tuition for an MBA at this institute is roughly 3 lakhs. It is a public university that was founded in 2007.
The institution has a lovely campus that is completely internet equipped, and its classrooms feature audio-visual equipment as well as sophisticated projectors. They provide MBA programs in HRM, Marketing, Finance, and Operations.
The college’s average CTC is approximately 6 LPA, while the highest CTC provided is over 10 LPA.
Check out their website at https://aud.ac.in
9. SIMSREE, Mumbai
The fee to do MBA in SIMSREE Mumbai is around 1.58 lakh which is totally great for this course. Mumbai also has a lot of great colleges for MBA at a lower fee. MAT, XAT, CAT, ATMA, CMAT, and MHT-CET are the top exams that need to be cleared to get admission to this college.
It is a public government college that offers MBA and PGDM courses. The median salary offered by the college is 10.02 LPA. The highest domestic package is 17 LPA and the highest international package is 19 LPA.
Check out their website at https://www.simsree.org/Simsree/
10. Chandigarh University
Another one on the list of top 20 MBA colleges in India with low fees is Chandigarh university. They offer MBA and PGDM in ten specializations altogether. Hence, there are a lot of options. The fee for doing MBA in this college is around 3 lakhs.
The highest CTC offered to MBA students is 28 LPA which is crazy against the fee they charge for it. The average CTC given to most of the students is 12 LPA.
Check out their website at https://www.cuchd.in
11. International School of Management and Research (ISMR), Pune
The next college in our list of top 20 MBA colleges in India with low fees is ISMR, Pune. This college got established in 2007 by the Sri Balaji Education Society. It is one of the premier business schools in India. They offer MBA and PGDM courses in various disciplines.
The fee for MBA in this college is 3 lakh. CAT, MAT, SNAP, CMAT, ATMA, and MAH CET are the exams through which this college accepts admissions. The average salary given to the students is 5.5 LPA and the highest salary is around 15 LPA.
Check out their website at https://www.ismrpune.edu.in
12. Indira Institute of Management (IIMP), Pune
Indira College in Pune is one of the city’s most well-known MBA programs. It is more well-known since it is one of the top 20 MBA institutions in India with inexpensive tuition. Their tuition is cheap around 4 lakhs, which is really reasonable given their academic brilliance and placements.
The college was founded in 1994. The disciplines in which they offer MBAs are HR, Finance, Marketing, and others. The average salary provided by the college is around 5.5 LPA. Wipro, Deloitte, Angel Broking, eclerx, are some of the top companies to recruit from the college.
Check out their website at www.indiraiimp.edu.in/
13. ASM’s Institute of Business Management and Research (IBMR), Pune
Another institution in a row on our list of the best 20 MBA colleges in India with inexpensive fees is ASM’s Institute of Business Management and Research, or IBMR, in Pune. It is a private institution founded in 1984.
Business Standard gives this college an A++. This college was ranked top by the All India Management Association (AIMA). The MBA tuition at this college is 3 lakhs. The maximum pay provided by IBMR in MBA is 12 LPA, which is four times the cost spent.
Check out their website at www.asmibmr.edu.in
14. AIMS Institute of Management Studies, Pune
Pune is undoubtedly a city brimming with MBA programs at reasonable pricing and with excellent employment opportunities. This college is affiliated with the KRSNA Educational Trust. The World Education Summit has named this college the “Best Innovative Management Institute in Pune.”
The MBA tuition at this college is around 3.69 LPA. They provide an MBA in a variety of areas, as well as other topics. Most pupils support a CTC of 6 LPA on average. They also collaborate academically with TISS.
Hands down, this is one of the top 20 MBA colleges in India with low fees.
Check out their website at https://aimsinstitute.in
15. MIT Pune
MIT is one of the top universities in Pune for studying MBA at a low cost. Their MBA price is 3.50 lakhs, placing them among the top 20 MBA institutions in India with the lowest rates. Because of its opulent facilities and spectacular campus culture, MIT is every student’s dream college.
In the business department, they have distinguished and knowledgeable faculty. MIT’s MBA placements are among the finest in the country. At the country’s top MNCs, the average compensation for MBA students is more than 4 LPA.
MIT develops and trains its students as no one else does.
Check out their website at https://mitwpu.edu.in
16. Doon Business School (DBS), Dehradun
Doon Business School breaks the monotony of Pune institutions in our ranking of the best 20 MBA colleges in India with inexpensive fees. The college was founded in 2007. The Uttarakhand Technical University is connected with the college.
It is without a doubt one of the best institutions in Uttarakhand for management and business courses. The average income offered to students is 7.4 LPA, with the college offering the maximum compensation of 23.5 LPA. This is in comparison to the price of 4.52 lakhs. The college accepts test results such as the MAT, CAT, CMAT, XAT, and GMAT.
Most of the Uttarakhand students who wish to pursue an MBA get into this college for an amazing career ahead.
Check out their website at www.doonbusinessschool.com
17. GEMS B School, Bengaluru
GEMS B school is another college on our list of the best 20 MBA colleges in India with inexpensive fees. This college was founded 15 years ago in 2006. With an ASSOCHAM award, this institution was named the Most Preferred B School for Placements.
This college’s recognized exam for MBA is their own university exam called GEMS online entrance test. They promise 100% placement, as evidenced by their award. The major firms that hire students from this college are Capgemini, Airtel, TCS, Accenture, and Vodafone. Their MBA tuition is Rs. 4.20 lakhs.
Check out their website at www.gemsbschool.com
18. Galgotias University, Noida
The MBA tuition at this institute is around 4.47 lakhs. They provide an MBA in healthcare and hospital administration. There are various MBA programs available, such as finance, human resources, and marketing.
This university is quite new, having opened its doors in 2011. With over 450 major firms visiting the campus for drives, they have a 100% placement record. It is one of the top 20 MBA institutions in India with affordable tuition.
MAT, NMAT, CAT, CMAT, and GMAT are the exams approved in this college for an MBA admission. They offer MBAs in financial management, aviation management, logistics and supply chain management, and lots of other disciplines.
Check out their website at https://www.galgotiasuniversity.edu.in
19. BK School of Management
Without including this college, our list of the best 20 MBA colleges in India with inexpensive fees would be incomplete. They provide MBA programs for as little as Rs 80,000. This is an Ahmedabad-based college that was founded in 1976. There are 14 MBA streams available, so there is plenty of variety.
The CMAT and CAT are the entrance tests required for admission to this college. Some of the top campus recruiters are HDFC, Amul, Adani, Vodafone, and ITC. The average income provided to students is between 4 and 5 LPA. The maximum wage has risen to 20 LPA.
Check out their website at https://bkschool.org.in/
20. Maharishi Dayanand University (MDU), Rohtak
MDU in Rohtak is the final institution on our list of the best 20 MBA colleges in India with inexpensive fees. It is a state university that has been authorized by the UGC and is a member of AIU. MBA programs are available at this institute for as little as Rs 85,000.
Their NAAC certification is A+, and they are ranked 76 on the NIRF. They provide MBA programs in general, business economics, MBA specializations, hotel management and catering technology, and a variety of other subjects. MBA and PGDM students may expect to earn between 4.5 and 6.61 LPA on average. This is four times the amount invested. The majority of students guarantee this offer.
Lots of top MNCs visit the campus to recruit students every year. Some of the top names are Accenture, Capgemini, TCS, Tata Motors, L&T, and lots more.
Check out their website at https://mdu.ac.in
Admission Procedure for Top Management Colleges in India
- Before applying to any of India’s best MBA programs, one of the first things to look at is eligibility. Some of the usual qualifying criteria for MBA admissions include applicants having completed their graduation level studies from any recognized university and achieving a minimum of 50% as an aggregate mark during that time.
- Students in their last year of college can also apply for MBA programs at leading universities in India.
Entrance Exams to get into the Top MBA Colleges in India
All qualified students will be competing for admission to the top MBA universities based on their performance in the different MBA entrance tests. Because most of the top MBA institutions in India accept CAT results, it has the most applications. The following are some of the most popular management admission tests in India:
- MAH CET
People Also Ask
Q. Which is the cheapest college for MBA in India?
Answer. Cheapest colleges to study MBA courses 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|
Q. Which college is best for MBA with low fees?
Answer. Register now from the website
|Top MBA college with Low Fees||Program 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|
Q. How much does it cost for MBA in India?
Answer. MBA fees abroad may cost anywhere from Rs. 20 to 50 lakh, whereas fees for top MBA colleges in India are somewhere between Rs. 7.5 to 25 lakh.
Q. Where can I study MBA for free in India?
Answer. Some of the popular Indian colleges that provide students with the option of online MBA courses are given below: which are not free but cost less compared to many online programs.
- Amity University Online, Noida.
- ITM University Online, Navi Mumbai.
- Symbiosis Centre for Distance learning, Noida.
- National Institute of Business Management (NIBM), Coimbatore.
- Great Lakes Institute of Management.
Q. What is the lowest MBA fee?
Answer. Top MBA Colleges in India With Low Fees
|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|
|MIT Pune – MIT World Peace University||MBA||INR 3.5 L|
Q. Which is the No 1 MBA College in India?
Answer. 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, and XLRI MDI Gurgaon to name a few.
Q. Is MBA free in Germany?
Answer. All students looking to pursue a Master in Business Administration (MBA) are informed that most publicly funded universities in Germany levy no tuition fees. Students are however required to pay an Administration Fee at the beginning of every academic year.
Q. Is CAT very difficult?
Answer. Overall CAT has a moderate difficulty level, but it can turn easy for sometimes who start their preparation early and keep practicing all three sections. If well planned, you can easily crack the CAT! It just tests your math and logical skills of grade tenth level tenth class.
Q. Which is the top MBA college in India?
Answer. The top MBA college in India as per the latest NIRF MBA ranking is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIT-Delhi-DoMS on Number 4 and IIM Kozhikode is on Number 5.
Frequently Asked Questions
Q1. Which MBA College has the best Placement with low fees?
Ans. SIMSREE, Mumbai has the best placement with low fees.
Q2. Can I do MBA with low Fees?
Ans. Although the MBA fee at IIMs is relatively high in comparison to other MBA institutions in India, there are several IIMs that provide low-fee MBA programs. While IIM Ahmedabad, Bangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programs for between Rs.10 Lakhs and Rs.15 Lakhs. The IIMs that provide low-fee MBAs are also among the best MBA schools providing low-fee programs. The following are some of the IIMs that offer low-cost MBA programs:
|Name of the college||Course fees (in Rs.)|
|FMS, Delhi||Rs. 0.20 lakhs|
|Department of Financial Studies (DFS), DU||Rs. 0.48 lakhs|
|Delhi School of Economics, DU||Rs. 0.31 lakhs|
|Tata Institute of Social Sciences (TISS), Mumbai||Rs. 1.14 lakhs|
|Pune University Department of Management Sciences (PUMBA)||Rs. 1.32 lakhs|
|FMS BHU||Rs. 0.98 lakhs|
|MSU Baroda||Rs. 0.29 lakhs|
|UBS Chandigarh||Rs. 0.38 lakhs|
|IGNOU Delhi||Rs. 0.37 lakhs|
|JMI New Delhi||Rs. 0.47 lakhs|
Q3. Which are the Cheapest MBA Colleges in India?
Ans. Students are well-trained in the fundamentals and advanced areas of the industry, and they are molded to become future world leaders. Some of the best affordable MBA colleges in India are distributed around the country so that students may choose when it is convenient for them rather than having to move around and look for colleges and courses in other states.
Q4. Which IIM has the Lowest fees for MBA?
Ans. IIM Sirmaur provides the most affordable MBA Fees. It was INR 11.75 lakh for the class of 2021-2023. Fees can be paid in installments, and scholarships and loan help are available.
Q5. How can I decide which is the best college for MBA?
Answer. The candidates must keep in mind the following while choosing an MBA college – government recognition, degree/diploma, curriculum and pedagogy, infrastructure, ranking, location, fees and placement record.
Q6. Which field is best for an MBA?
Answer. 7 MBA Specializations to Enhance Your Professional Career
- MBA in Accounting. An MBA in Accounting prepares graduates to measure, analyze, interpret, and communicate economic data.
- MBA in Analytics Intelligence.
- MBA in Healthcare Management.
- MBA in Human Resources Management.
- MBA in Finance.
- MBA in Management.
- MBA in Marketing.