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Low Fees Top MBA Colleges in India

The best MBA colleges offer high ROI MBA programs with low fees in India. FMS, JBIMS, SIMSREE, PUMBA, USMS, and more Top B-Schools in India provide inexpensive MBAs. Some of them do not need you to take the CAT exam. They charge fees ranging from Rs.25000 to Rs.15 Lakhs for the whole MBA program

 Saurav Anand
 Saurav Anand 26/09/2022
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless more

Low Fees Top MBA Colleges in India

The best MBA colleges offer high ROI MBA programs with low fees in India. FMS, JBIMS, SIMSREE, PUMBA, USMS, and more Top B-Schools in India provide inexpensive MBAs. Some of them do not need you to take the CAT exam. They charge fees ranging from Rs.25000 to Rs.15 Lakhs for the whole MBA program, as opposed to many of the more expensive MBA universities, which charge fees ranging from Rs.18 lakhs to Rs.25 lakhs. This blog analyses the most competitive top MBA colleges offering 2-year full-time MBA/PGDM programs.

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 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 FeesProgram FeeEntrance Exam Accepted
Faculty of Management Studies (FMS) Delhi – University of DelhiRs. 25,000CAT conducted by IIMs
Delhi School of Economics, Delhi UniversityRs. 31,000CAT conducted by IIMs
GGSIPU, DelhiRs. 56,000Own Entrance exam in April
Jamnalal Bajaj Institute of Management Studies (JBIMS)Rs.6,00,000MAH 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 FeesProgram FeeEntrance Exam Accepted
Ambedkar University, DelhiRs.2,99,880CAT/AUD MBA Entrance Test
Delhi Technical University (Formerly Delhi College of Engg.)Rs.3,56,000CAT conducted by IIMs
NITIE MumbaiRs.14,63,000/-CAT conducted by IIMs
SJMSOM-IIT BombayRs.10,35,000/-CAT conducted by IIMs

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 the best private MBA colleges in India.

Lowest MBA fees in India – Register now for the latest MBA Exam & Admissions Updates

Top MBA college with Low FeesProgram Fee
Faculty of Management Studies (FMS) Delhi – University of DelhiRs. 1,94,000
Delhi School of Economics, Delhi UniversityRs. 32,000
GGSIPU, DelhiRs. 59,000
PUMBA, PuneRs. 1,34,000

Top low fees MBA colleges in India charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 years of 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 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 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. 

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.

It is not easy to get into the top MBA colleges in India, as the competition increases more and more and seats in these best MBA colleges in India shank every year. Every student dreams to study at the top 10 MBA colleges in India like IIMs but only a percent gets selected, Being an MBA aspirant the first thing one looks for is the number of intakes in the flagship program in order to assess the chance of securing admission in these MBA colleges. Although there are many top MBA colleges divided into tiers as top 10 MBA colleges in India consist of the best institutions in India, which we have talked about in this article. But in some cases, we can also get the best colleges for MBA even if you have a lower percentage through CAT some other best colleges for MBA in India accept 50 – 60 Percentile in CAT 2021.

  1.       Shanti Business School (Ahmedabad)
  2.       Institute of Marketing & Management (New Delhi)
  3.       Karnavati University (Gandhinagar)
  4.       Narayana Business School (Ahmedabad)
  5.       ASM’s Group of Institutions (Pune)
  6.       Universal Business School (Karjat)

 Management aspirants strive to get into a top B-School of their choice. Unfortunately, things don’t always go as planned. Candidates must remain positive despite such setbacks. Numerous MBA colleges in India offer world-class management education and excellent placement opportunities. In case you are not able to get into your preferred institute, start looking for the next best option. There are over 3,500 MBA colleges in India, so choosing the right one can be a difficult task. tier 2 colleges in India are also worth considering in addition to Tier 1 institutions that are highly ranked in India.

The tier 2 colleges in India are well equipped with modern infrastructure, some are pocket-friendly, and have good faculty and placement cell. Some of the private tier 2 MBA institutes also offer exchange programs with foreign universities. These institutes are also ranked in the top 50, in the MBA institute ranking order. Most of them select candidates on the basis of common entrance exams like CATXATCMATSNAP, MAT, MAH-CET, and GMAT, so the candidates do not have to appear for a separate exam.

A lot of students mix up the meaning of applying for an exam and applying for a B-School. There is a difference. 

By applying for certain exams, you are automatically applying for the colleges as well, like CAT for IIMs, IIFT for its namesake, XAT for XLRI, etc.

Another option is to apply to a private institution that accepts CAT/GMAT scores, but those applications are quite different. There is a different application process for these institutes than for CAT or XAT, for example. Many things need to be taken care of, including different deadlines, fees, and programs to apply for.

Hence, to make things clearer, this blog article discusses the top MBA colleges in India, without getting into details such as the cut-offs, fees, CTCs etc. You will find a list of colleges and a short note on how one should select colleges to apply to.

As a compilation, we have gathered details on the Top MBA colleges in India including IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Indore according to the MHRD-NIRF rankings 2021. Other popular B-Schools such as XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management, and Department of Management Studies of the IITs also rank among the top MBA colleges in India as per the NIRF rankings as well as other B-school surveys such as by India Today, Outlook and Business Today.  

Among the MBA best colleges in India, a few of them are also usually ranked as the best among all globally. For example, In the Asia-Pacific B-Schools ranking 2021 by Bloomberg Businessweek the ISB has been ranked at fifth position while IIM Bangalore has been ranked sixth.

TOP B schools in India: IIM Ahmedabad, IIM Bangalore, and SPJIMR have also been ranked among the global top 50 institutes in the latest Financial Times Masters in Management (MiM) Rankings 2021 MBA in India. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th and IIM Bangalore has been ranked 47th. Read below all about MBA rankings and the best MBA colleges in India.

Top MBA Colleges in India: Highlights

ParametersParticulars/ Statistics
No. of MBA Colleges in India5,000 (Approximately)
Fees-Annual fee < Rs 10 lakh: 6%
- Annual fee >Rs 10 lakh: 94%
Top SpecialisationsGeneral Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism
Admission ProcessEntrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP
Top MBA Colleges in IndiaIIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc.

Two-year MBA programs are a great way to get into a variety of entrepreneurial and job opportunities. This program provides essential knowledge and training in operations and business administration that is necessary for the management of an organization. As well as developing communication skills and leadership qualities, the MBA program also helps to develop leadership qualities.

MBA is open to students from all backgrounds, including Commerce, Science, and Humanities. Full-time MBAs are the most popular. They include theory classes, practical projects and internships. A full-time MBA is available to both fresh graduates and candidates with some work experience. Over 5,000 Indian MBA colleges offer this course in various specializations. Some schools offer an MBA degree, while others offer a PG diploma (PGDM/PGPM).

MBA Colleges in India Eligibility Criteria

MBA students must have graduated from an accredited university. However, for niche specializations, the minimum score may be different.

  • As a minimum requirement for a full-time MBA, candidates must have graduated in any discipline or equivalent from an accredited university.
  • The AICTE stipulates that most institutes must meet the minimum score requirements for graduation. Students from reserved categories are eligible for five percent relaxation and 50 percent aggregate.
  • Professional degree holders, such as MBBS/CA/CS/ICWAI, etc. You may also be eligible to pursue an MBA

Top Government MBA colleges in India with low fees

  • Faculty of Management Studies (FMS), Delhi University Faculty of Management Studies is among the most prestigious management schools in India that offer MBA classes at the most affordable cost beginning with the price of INR 1.92 Lakhs only. It is among the most sought-after institutions for MBA in India that is associated to Delhi University. The procedure for selection at the institute comprises the CAT scores as well as Personal Interviews. The average salary offered in the campus selection this year is the sum of INR 32.4 LPA.
    Companies like Deloitte, OLA, PwC, L’Oreal, Info Edge, Adobe, Google, Amazon etc. provide internships to students of FMS.
    Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
    JBIMS was established in 1965 and is affiliated to the University of Mumbai. It is a non-profit institution that offers full-time and part-time MBA programs. The institute also offers a wide range of other programs, however, MBA is among the most well-known courses at JBIMS. The current cost structure is in the range of INR 1.52 lakh to seven lakh for the duration of two years of the MBA program. The college accepts scores from CAT and MAH CET or MAT and ATMA. The school is in the best 10 colleges for B-schools within India with a huge number of alumni working as CEOs. The median salary for the students is approximately INR 27.63 LPA.
    Companies that apply for placements in JBIMS are McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc.
  • Tata Institute of Management Studies (TISS), Mumbai
    TISS, Mumbai is another management school that offers top-quality MBA education for a reasonable cost. Admissions to TISS are made by TISSNET scores. TISSNET score, which is an examination which is conducted by the institute. The cost for the MBA program offered at TISS costs the equivalent of INR 1.02 Lakh and the average wage from the course of the course was the sum of INR 19.62 LPA in 2021.
    Companies like Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, Wipro, and many more. provide job opportunities to MBA alumni of TISS.
  • Department of Management Sciences, Pune
    Pune University Department of Management Sciences (PUMBA) is affiliated with Pune University and has course fees of INR 1.29 Lakh to INR 1.33 Lakh. The college accepts scores of exams like CAT/XAT/MAT/CET/ATMA/MAH CET for the admission to various MBA courses and offers placements with an average salary of INR 7.6 LPA.
    Axis Bank, E-serve, Bee Management, ONGC, Thermax, SBI Life, etc. are some of the companies that provide placements to students who are studying at this college.
  • Department of Financial Studies, Delhi University
    The institute offers admissions according to the score of the CAT exam that is administered by IIMs. The cost for pursuing the MBA at this school can be $26,000 in two terms. Department of Financial Studies is renowned for offering the highest ROI. The salary offered at this institution ranges from the equivalent of INR 13.3 LPA and the top salary was INR 26 LPA during the year 2020.
    Companies like DE Shaw, American Express, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, Ministry of Finance etc. are among the most sought-after recruiters for MBA graduates.
  • Christ University, Bangalore
    Christ International (Deemed to be University) was founded in 1969. The university offers a variety of post-graduation programs. The school offers a range of MBA specializations like Business Analytics Marketing, Business Analytics, etc. Students who undertake exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission into this prestigious and premium university. The tuition for admission ranges from approximately INR 6.75 Lakh – INR 21.82 Lakh. The median salary after an interview is around 10.5 LPA. 20.5 LPA.
    AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte, and Dabur are among the major companies that come to the campus to conduct placements and offer lucrative salaries to graduates.
  • Delhi Technical University (DTU), Delhi
    DTU offers two-year full-time MBA courses Admissions to the MBA programs are determined by the score of the CAT exam. It’s a 75-year-old and boasts one of the top MBA faculty in India. This is one of the universities that provide an MBA for a very low cost that ranges from the range of INR 3.96 Lakh – INR 4.19 Lakh. The median salary here ranges from approximately 22 LPA. Companies like Google, Uber, Amazon, Facebook, Bloomberg, and many more. offer placements to DTU students who have graduated.

Aspirants who wish to pursue an MBA must first make a list of colleges that they wish to get into. They must make a decision based on their choice of specification and their budget and not be carried away with the flow. Below is a list of some other colleges along with the courses offered, that have a low fee structure.

B-schoolCourse Name*Fees
International School of Management and Research- ISMRMBAINR 3.44 L - 6.5 L
SIMSREE, MumbaiPost Graduate Diploma in Business ManagementINR 69,000
CU - Chandigarh UniversityMBA Tourism and Hospitality ManagementINR 57.8 K - 6.04 L
Indira Institute of Management - IIMPMBAINR 4.4 L - 8 L
ASM’s Institute of Business Management and Research-IBMRMBAINR 3 L - 6.5 L
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L - 20.16 L
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L - 5.9 L
MIT Pune - MIT World Peace UniversityMBAINR 3.5 L
DBS - Doon Business SchoolMBA International BusinessINR 5.15 L - 9.79 L

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 the Best MBA colleges in India with low fees without CAT

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

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

JBIMS was founded in 1965 and is affiliated with the University of Mumbai. JBIMS is endorsed through the All India Council for Technical Education . It 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, and 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 in 2007 Pune Institute of Business Management is among the top management schools in Pune. In the past students have favored admissions to this institution over other institutions. The institute is associated with 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 tests 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.

Top 50 Business Schools in India List | Top 50 Business Schools in India

Top 50 Business Schools in IndiaTop Management Colleges in India
1Indian Institute Of Management, Ahmedabad
1Indian Institute Of Management, Kolkata
1Indian Institute Of Management, Bengaluru
2Indian School Of Business, Hyderabad
2Faculty Of Management Studies, University Of Delhi, Delhi
2Indian Institute Of Foreign Trade (IIFT), New Delhi
2Indian Institute Of Management, Lucknow
2Xavier Labour Relations Institute (XLRI), Jamshedpur
3S P Jain Institute Of Management And Research (SPJIMR), Mumbai
3Management Development Institute (MDI), Gurgaon
3Indian Institute Of Management, Indore
3Indian Institute Of Management, Kozhikode
3Jamnalal Bajaj Institute Of Management Studies, Mumbai
4Shailesh J Mehta School Of Management, (IIT Mumbai), Mumbai
4Dept. Of Management Studies, (IIT Delhi), New Delhi
4Indian Institute Of Technology, (IIT) Kharagpur
4Symbiosis Centre For Human Resource Deveopment (SCMHRD), Pune
4Mudra Insitute Of Communications (MICA), Ahmedabad
5Indian Institute Of Management, Tiruchirappalli
5Indian Institute Of Management, Udaipur
5Indian Institute Of Management, Ranchi
5Symbiosis Institute Of Business Management, Pune
5Indian Institute Of Management, Rohtak
5Indian Institute Of Management, Raipur
6NMIMS School Of Business Management, Mumbai
6Indian Institute Of Management, Visakhapatnam
6Indian Institute Of Management, Shillong
6Indian Institute Of Management, Kashipur
6Indian Institute Of Management, Nagpur
6Instutite Of Management Technology (IMT), Ghaziabad
6International Management Institute (IMI), New Delhi
7MHRM Department Of Humanities And Social Science, (IIT Kharagpur), Kharagpur
7Dept. Of Management Studies (IIT Roorkee), Roorkee
7University Business School (UBS), Punjab University, Chandigarh
7Department Of Business Economics, University of Delhi, Delhi
7FORE School Of Management, New Delhi
7Xavier Institute Of Management, Bhubaneswar
7Sydenham Institute Of Management (SIMSREE), Mumbai
8Indian Institute Of Management, Jammu
8Indian Institute Of Management, Sambalpur
8Goa Institute Of Management (GIM), Goa
8Great Lakes Institute Of Management, Chennai
8Indian Institute Of Management, Bodh Gaya
8WOXSEN School Of Business, Hyderabad
8Management Development Institute (MDI), Murshidabad
8Institute Of Management Technology (IMT), Nagpur
8International Management Institute (IMI), Kolkata
8International Management Institute (IMI), Bhubaneswar
9Atal Bihari Vajpayee-Indian Institute Of Information Technology And Management (ABV-IIITM), Gwalior
9National Institute Of Industrial Engineering (NITIE), Mumbai
9Indian Institute Of Management, Amritsar
9Indian Institute Of Management, Sirmaur
9T.A.PAI Management Institute (TAPMI), Manipal
9Dept. Of Management Studies, Indian Insititute Of Technology (IIT-ISM), Dhanbad
10Institute Of Management Studies, BHU, Varanasi
10Symbiosis Centre For Information Technology, Pune
10Birla Institute Of Management Technology (BIMTECH), Greater Noida
10IFIM Business School/Jagdish Sheth School Of Management, Bengaluru
10Institute Of Management Technology (IMT), Hyderabad
10Loyola Institute Of Business Administration (LIBA), Chennai
10Indian Insitute Of Social Welfare & Business Management (IISWBM), Kolkata
10VIT Business School, Vellore
10Amrita School Of Business, Coimbatore
11NIRMA University (Institute Of Management), Ahmedabad
11Lal Bahadur Shastri Institute Of Management, New Delhi
11Bharati Vidyapeeth University Institute Of Management And Research (BVIMR), New Delhi
11CHITKARA Business School, Rajpura-Patiala
11Jindal Global Business School (JGBS), Sonipat
11University School Of Business (USB), Chandigarh University, Mohali
12Institute Of Public Enterprise, Hyderabad
12Institute Of Management And Entrepreneurship Development (IMED), Pune
12Bharath Institute Of Higher Education And Research (BIHER), Chennai
12ICFAI Business School(IBS), Hyderabad
12Amity Global Business School, Noida
12Jaipuria Institute Of Management, Noida
12Institute Of Rural Management, Anand
13KIIT University-School Of Management, Bhubaneswar
13Dr. MGR Educational And Research Institute, Chennai
14AIMS Institute, Bengaluru
14SDM Institute For Management Development (SDMIMD), Mysuru
15Manipal Institute Of Management/Manipal University, Manipal
16Meenakshi Academy Of Higher Education And Research (MAHER), Chennai
16ABBS School Of Management, Bengaluru
17REVA University(School Of Management Studies), Bengaluru
18International School Of Business And Media, Pune
18Institute Of Management Studies (IMS), Ghaziabad
19Institute For Technology And Management, Mumbai
20Indian Institute Of Forest Management, Bhopal
20School Of Management And Entrepreneurship, Shiv Nadar University, Greater Noida
21PES University, Bengaluru
21Symbiosis Institute Of Management Studies (SIMS), Pune
22Jagan Institute Of Management Studies (JIMS), Rohini/Delhi
22MIT School Of Business, Pune
23ARMy Institute Of Management, Kolkata
23Justice KS Hegde Institute Of Management, NITTE/ Udupi
24K.J. Somaiya Institute Of Management Studies & Research, Mumbai
24Symbiosis Institute Of Business Management, Bengaluru
25RV Institute Of Management, Bengaluru
26Welingkar Institute Of Management Development & Research, Mumbai
27Xavier Institute Of Social Services (XISS), Ranchi
27Vidyavardhaka College Of Engineering (Dept. Of Management), Mysuru
28Eastern Institute For Integrated Learning In Management (EIILM), Kolkata
28Xavier Institute Of Management & Enterpreneurship (XIME), Bengaluru
29Chandragupt Institute Of Management (CIMP), Patna
29GIBS Business School, Bengaluru
29Bharathidasan Institute Of Management, Tiruchirappalli
30Training And Advanced Studies In Management (TASMAC), Pune
31CMR Institute Of Management Studies, Bengaluru
31SCMS Cochin School Of Business, Kochi
32ASM’s Institute Of Business Management & Research Centre, Pune
33Prestige Institute Of Management And Research, Indore
34Christ University, Institute Of Management, Bengaluru
35ICFAI Business School (IBS), Dehradun
36Mittal School Of Business, LPU (Jalandhar)
37SDM PG Centre For Management Studies And Research, Mangaluru
37Global Business School And Research Centre, Bengaluru
38Rajagiri Centre For Business Studies, Kochi
38Indore Management Institute (IMI), Indore
39MyRA School Of Business, Mysuru
39Symbiosis Institute Of Operations Management, Nashik
40Presidency University, Bengaluru
40Dayananda Sagar University (School Of Commerce & Management), Bengaluru
41KLE Technological University (School Of Management Studies And Research), Hubli
41ITM University Gwalior
42Faculty Of Management Studies (Manav Rachna Institute Of Research And Studies), Faridabad
42Indus Business Academy (IBA), Bengaluru
43Symbiosis Institute Of Business Management, Hyderabad
43St. Joseph’s Institute Of Management, Bengaluru
44Kirloskar Institute Of Advanced Management Studies, Pune
44Institute Of Management Studies, Noida
45KLS Institute Of Management Education And Research, Belgaum
45JSS Centre For Management Studies, Mysuru
46JK Business School, Gurugram
46PSG Institute Of Management, Coimbatore
47Indira School Of Business Studies, Pune
47Apeejay School Of Management, New Delhi
48Ramaiah Institute Of Management Studies, Bengaluru
48Suryadatta Institute Of Management And Mass Communication, Pune
49Gitam School Of International Business, Visakhapatnam
49G H Raisoni School Of Business Management, Nagpur
50G.L. Bajaj Institute Of Management And Research, Greater Noida
50MODy University Of Science And Technlogy (School Of Mgmt Studies), Lakshmangarh

Top Distance MBA Colleges in India

Distance MBA is the duly recognized course approved by the University Grants Commission (UGC). It is the most suitable alternative for working professionals as well as other students who could not participate in traditional classroom MBA courses. This regulation, known as the UGC (Online Courses) Regulations 2018 has been published on the 24th of May 2018 higher education institutions are able to offer distance learning online degrees, certificates, and diplomas that are comparable to their traditional classroom programs. In the midst of the Covid-19’s pandemic, Distance MBA can fulfill the goal of completing an MBA by preventing social isolation and fighting the Coronavirus.

Institutions that have offered these courses, which have been recognized by the state authority on an undergraduate basis, either as regular classroom programs or as open and distance learning programs and in which at least one class has been completed, are able to offer distance-learning programs. These online Distance learning courses require at least a National Assessment and Accreditation Council (NAAC) score of 3.26 on a scale of 4 points.

If you’re looking for Distance MBA courses, there are a lot of MBA institutions that offer Distance MBA in India. However, there is a handful of them that provide an excellent value for energy and effort.

Distance MBA course is an affordable and flexible Government recognized MBA program that does not require regular classes. If you’re not able to complete a full-time MBA due to time constraints or because of the high costs, Distance MBA Education is an alternative. The top Distance MBA colleges in India provide off-line Correspondence MBAs, Online MBAs, or a combination of the two in a distance learning mode. Distance education, such as Distance MBA, is controlled by the University Grants Commission (UGC) which is working to enhance the quality of education and improve the governance of this sector.

Different types of Distance MBA Colleges

Ministry of HRD, Government of India has approved six kinds of institutions to provide Distance Education and Distance MBA in India:

  1. Distance MBA program offered through National Open University or IGNOU
  2. Distance MBA is offered through State Open Universities
  3. Distance Education Institutions (DEIs) located in Institutions of National Importance

Central Universities – Central Universities

– State Universities

– Considered to be Universities

— State Private Universities

  1. Distance MBA provided through DEIs at stand-alone institutions

Professional Associations

– Institutions of the Government

Private institutions

The top MBA colleges in India offer Regular MBA, Online MBA as well as Distance MBA. There are around 71 top MBA colleges in India that offer Distance MBA. MBA Distance Education Colleges are available in all major cities in India. Colleges like IGNOU, Annamalai University, and Madras University for Distance Education offer MBA Courses in various specializations. Tabulated below are the top Distance MBA colleges in India with average annual fees:

College NameDistance MBA Fees
Indira Gandhi National Open University (IGNOU), New DelhiINR 37,000
ICFAI Foundation for Higher Education, HyderabadINR 1,10,000
Symbiosis Center for Distance LearningINR 50,000
Institute of Management Technology Center for Distance Learning, GhaziabadINR 1,31,000
BBG Distance Learning CentreINR 76,000
ICFAI University, Directorate of Distance Education, AgartalaINR 60,000
IMT Ghaziabad Center for Distance LearningINR 1,22,000
Annamalai University, CuddaloreINR 1,14,100
Narsee Monjee School for Continuing Education, MumbaiINR 144,000
MIT School of Distance Education, PuneINR 60,000

Top Online MBA Colleges in India

Many top MBA colleges in India now started offering Online MBA due to pandemics and various other reasons. Students unable to attend regular classes can pursue an Online MBA. Check out the top Online MBA colleges in India with average annual fees:

College NameOnline MBA Fees
Amity University, NoidaINR 1,20,000 – 3,50,000
Jaipur National University, JaipurINR 43,100
Jaipuria Institute of ManagementINR 1,90,500
Indira Gandhi National Open University (IGNOU)INR 37, 800
Pondicherry University, Directorate of Distance EducationINR 24,925
National Institute of Business Management, PuneINR 22,000
Venkateshwara Open University, NaharlagunINR 89,500
Assam Don Bosco University, GuwahatiINR 1,00,000
Karnataka State Open University, MysoreINR 35,000
NMIMS Global Access School for Continuing Education, MumbaiINR 86,000


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 on 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 an 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:

Q. Which MBA college has the best placement with low fees?

Ans. Top MBA Colleges in India With Low Fees

B-schoolCourse Name*Fees
ASM's Institute of Business Management and Research-IBMRMBAINR 3 L - 6.5 L
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L - 20.16 L
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L - 5.9 L

Q. Which IIM has the lowest fees for MBA?

Ans. 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 installments and there are scholarships and loan assistance available.

Q. Which is the cheapest IIM in India?

Ans. 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.

Q. Can I do MBA free?

Ans. 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.

Q. Why IIM fees is so high?

Ans. Although IIMs are government institutes, most IIMs are self-reliant and do not depend on the government for funding. Hence to attract quality professors they need to charge higher fees.

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

Ans. 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.

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

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

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

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

Q. Does FMS, Delhi provide scholarships?

Ans. Absolutely, FMS provides the following scholarship opportunities:

  • OPJEMS scholarship
  • NTPC scholarship
  • Aditya Birla scholarship

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

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

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

Q. Department of Management Studies, Pune University?

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

Q. Does the cost of accommodation included in the admissions fees at TISS?

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

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

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

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

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

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