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MBA Colleges in India with Fees: Rankings
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MBA Colleges in India with Fees: Rankings, List of Top MBA Colleges

MBA Colleges in India with Fees: Rankings, List of Top MBA Colleges, etc. An MBA aspirant’s first inquisitiveness is to find out how much does it costs to get an MBA degree in a top MBA College. Covid-19 has surely slowed the rise in costs of MBA education. The tuition fee and living expenses along […]

 Saurav Anand
 Saurav Anand 23/09/2023
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless more

MBA Colleges in India with Fees: Rankings, List of Top MBA Colleges, etc.

An MBA aspirant's first inquisitiveness is to find out how much does it costs to get an MBA degree in a top MBA College. Covid-19 has surely slowed the rise in costs of MBA education. The tuition fee and living expenses along with other costs that were associated with an MBA full-time course are a few factors that lead to the freezing of tuition fees, leading to a cost decline.

Despite this, the trends are upwards. When we think of Top MBA Colleges in India, IIMs stand high in the list, both in terms of reputation and cost of studies. Overall, the average cost of getting an MBA degree from the top 25 institutes will costs between 15 lakhs to 25 lakhs for 2 years. Each year there is an average increase of 5-7% in every MBA program fee.

Also Read: MBA Entrance Exams 2021-2022

However, among the top B-Schools FMS Delhi, UBS Chandigarh, SIMSREE Mumbai, Taxila Business School charge very lower fees for their MBA programs.

Apart from IIMs, top PGDM B-schools like XLRI, MDI, and SPJIMR charge from Rs 15 Lakhs to Rs 23 Lakhs. In India, with thousands of MBA Colleges operating, it is not difficult to find an MBA school that suits your budget.

Here we will be listing Fees for IIMs and other Top B Schools. So here is a petite list of MBA Colleges with their fees.

Here are the Fees of Top MBA Colleges in India

We all know that fees of IIMs are very high as compared to other Top B schools in India, there are IIms with low fees as well. IIMs like IIM Ahmedabad, IIM Calcutta, IIM Bangalore will cost you around Rs 20 Lakh – Rs 30 Lakh. The IIms offering low fees also feature in the list of Top MBA Colleges in India like IIM Amritsar, IIM Nagpur these IIMs will cost you around Rs 10 Lakh to Rs15 lakh. Following are some of the IIMs with their fees:

Fees of Top IIMs

S. No.MBA CollegeFees(Appx.)
1IIM Ahmedabad28.00,000
2IIM Calcutta27,00,000
3IIM Bangalore23,00,000
4IIM Lucknow19,25.000
5IIM Kozhikode17,50,000
6IIM Indore16,00,000
7IIM Trichy14,00,000
8IIM Shillong14,60,000
9IIM Udaipur13,00,000
10IIM Kashipur15,42,000
11IIM Ranchi15,30,000
12IIM Jammu13,80,000
13IIM Raipur14,20,000
14IIM Rohtak15,20,000
15IIM Nagpur13,75,000
16IIM Sirmaur11,75,000
17IIM Vishakapatnam10,50,000
18IIM Sambalpur13,03,000
19IIM Amritsar10,50,000
20IIM Bodhgaya10,60,000
IIM Ahmedabad

IIM Ahmedabad

Approvals & Accreditation - MHRD Location - Ahmedabad, Gujarat



1.2 Lakhs-31.5 Lakhs

IIM Kozhikode

IIM Kozhikode

Approvals & Accreditation - AMBA, EQUIS, AACSB Location - Kozhikode, Kerala



22.5 lakhs

IIM Ranchi

IIM Ranchi

Approvals & Accreditation - MHRD Location - Ranchi, Jharkhand



17.5 Lakhs

Indian Institute of Management Lucknow

Indian Institute of Management Lucknow

Approvals & Accreditation - AMBA, AICTE Location - Lucknow, Uttar Pradesh



7.5 Lakhs-20.75 Lakhs

Fees of Top MBA Colleges in India

S. No.MBA CollegeFees(Appx.)
1Faculty of Management Studies (FMS) Delhi1,94,000
2Delhi School of Economics, Delhi University32,000
3Guru Gobind Singh Indraprastha University59,000
4Department of Management Sciences (PUMBA), Savitribai Phule Pune University1,34,000
5SIMSREE, Mumbai1,36,000
6Jamna Lal Bajaj Institute of Management Studies (JBIMS)6,00,000
7Taxila Business School10,60,000
8Bangalore University75,000
9NITIE Mumbai14,63,000
10Delhi Technical University3,56,000
FMS Delhi

FMS Delhi

Approvals & Accreditation - AICTE Location - Delhi



2 Lakhs

MBA Colleges in India with Low Fees 2023

Top MBA Colleges in India with Low Fees 2023

Some colleges in India strive to provide low fees for students who wish to continue their higher studies. There are several Low-Fee Structure MBA colleges in India. The fee structure and the entrance examinations accepted by these colleges providing MBA are mentioned in the table below.

College NameFee
Faculty of Management Studies (FMS)INR 48,000 per semester
Delhi School of Economics (DSE)INR 31,000
Guru Gobind Singh Indraprastha University (GGSIPU)INR 56,000
Bangalore University (BU)INR 66,000 to 75,000
Visvesvaraya Technical University (VTU)INR 56,000 to 65,000
Department of Management Sciences (PUMBA)INR 1,34,000
Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE)INR 1,36,000
Jamnalal Bajaj Institute of Management Studies (JBIMS)INR 6,00,000
Dr. B.R. Ambedkar University, (DBRAU)INR 2,99,880
Delhi Technical University (DTU)INR 3,56,000

The top low-fee MBA colleges promise an excellent return on investment. These colleges are not low fees because they have substandard education, infrastructure, or faculties. Rather, they are low-fee because they provide excellent academic education and industry exposure without burdening students unnecessarily. See below the courses, placements, rankings, and more of these Top Low-Fee MBA Colleges in India

List of Other Prominent MBA Colleges in India with Low Fees

The students can check the list of other prominent MBA colleges in India with low fees from the table mentioned below. If the students who are looking for budgeted education can check this list of MBA colleges. Institute NameFees
1Gitarattan International Business School - GIBS DelhiRs. 3.76 Lakhs
2Sri Sri University CuttackRs. 6. 60 Lakhs
3Siva Sivani Institute of Management (SSIM) HyderabadRs. 6. 90 Lakhs
4Kohinoor Management School MumbaiRs. 7. 00 Lakhs
5Durgadevi Saraf Global Business School (DSGS) MumbaiRs. 7. 25 Lakhs
6Rajagiri Business School (RBS) KochiRs. 7. 36 Lakhs
7Vignana Jyothi Institute of Management (VJIM) HyderabadRs. 7. 60 Lakhs
8Chandragupt Institute of Management Patna (CIMP)Rs. 7. 65 Lakhs
9Aditya School of Business Management (ASBM) MumbaiRs. 7. 80 Lakhs
10Rajalakshmi School of Business (RSB) ChennaiRs. 7. 82 Lakhs
11SCMS Cochin School of Business (SCMS) CochinRs. 7. 95 Lakhs
12Institute of Management Studies (IMS) GhaziabadRs. 7.95 Lakhs
13Dayananda Sagar University BangaloreRs. 8. 00 Lakhs
14Institute of Public Enterprise (IPE) HyderabadRs. 8. 00 Lakhs
15Vivekanand Business School (VBS) MumbaiRs. 8. 00 Lakhs
16Dayananda Sagar Business SchoolRs. 8. 15 Lakhs
17Jaipuria School of Business (JSB) GhaziabadRs. 8. 20 Lakhs
18NSB Academy BangaloreRs. 8. 30 Lakhs
19Globsyn Business School (GBS) KolkataRs. 8. 35 Lakhs
20Jagannath International Management School (JIMS) KalkajiRs. 8.70 Lakhs
21SIES College of Management Studies MumbaiRs. 9. 00 Lakhs
22AIMS School of Business (AIMS Institutes)Rs. 9. 06 Lakhs
23Jaypee Business School (JBS) NoidaRs. 9. 09 Lakhs
24IES’s Management College And Research Centre (IES MCRC)MumbaiRs. 9. 12 Lakhs
25Delhi School of Business, VIPS - Technical CampusRs. 9. 25 Lakhs

MBA Fees in India: Check Course Fees 

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

MBA Fees in India for the full-time programme ranges from INR 20,000 to INR 40 lakh. While the fees of MBA programmes offered by universities and government colleges are pocket friendly, the same programme offered by private institutes are expensive.

MBA College Fee in India depends on several factors like infrastructure, hostel facility, extra-curricular activities and pedagogy. For example, if an MBA institute offers international immersion programme wherein the candidates have to visit a foreign university for a semester or a certain duration, the course fee of that institute will be high. On the other hand, if the MBA Institute is funded by the government, the fees will be low.

We have listed down a number of popular MBA colleges in India and their fees. We have clubbed the MBA colleges and their fees in the following range:

Fees mentioned above may change in the upcoming academic year. However, the candidates can avail scholarships and financial assistance offered by these institutes in getting a study loan from banks.

MBA Fees of Top B-Schools other than IIMs

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

B-SchoolCourse NameFees 
FMS-DelhiMBAINR 20,960
XLRI Jamshedpur-Xavier School of ManagementPGDMINR 23.60 lakh
MDI-GurgaonPGPMINR 19.80 lakh
SPJIMR-MumbaiPGDMINR 17.50 lakh
IIFT-New DelhiMBA International BusinessINR 16.25 lakh
ISB-HyderabadPGPMINR 34.63 lakh
Symbiosis Institute Of Business Management PuneMBAINR 17.06 lakh
Jamnalal Bajaj Institute of Management Studies-MumbaiMMSINR 3.00 lakh
IMI-DelhiPGDMINR 17.68 lakh
NMIMS Mumbai-School of Business ManagementMBAINR 19.76 lakh
IMT-GhaziabadPGDMINR 17.55 lakh
XLRI Jamshedpur

XLRI Jamshedpur

Approvals & Accreditation - AICTE, AIU, GOI Location - Jamshedpur, Jharkhand



26 Lakhs

NMIMS Mumbai

NMIMS Mumbai

Approvals & Accreditation - UGC Location - Mumbai, Maharastra



12 Lakhs

MBA Fees Less than INR 10 Lakh

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

B-SchoolCourse NameFees
IIT Delhi - Department of Management StudiesMBA Telecommunication Systems ManagementINR 8.80 lakh
Symbiosis Centre for Management and Human Resource Development, PuneMBAINR 8.13 lakh
IIT Bombay - Shailesh J. Mehta School of ManagementMBAINR 8.32 lakh
NITIE-MumbaiPGD Industrial Safety and Environmental ManagementINR 7.62 lakh
IIT Kharagpur-Vinod Gupta School of ManagementMBAINR 6.19 lakh
BITS-PilaniMBAINR 8.04 Lakh
IIT Madras - Department of Management StudiesMBAINR 6.89 lakh
IIT RoorkeeMBAINR 6.23 lakh
IIT Kharagpur

IIT Kharagpur

Approvals & Accreditation - AICTE, UGC Location - Kharagpur, West Bengal

UG & PG Courses


1.88 Lakhs-10.6 Lakhs

IIT Bombay

IIT Bombay

Approvals & Accreditation - AICTE Location - Bombay, Maharastra

PG & UG Courses


12.4 Lakhs

MBA Fees Less than INR 5 Lakh

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

B-schoolMBA/PGP Course NameFees
Prin. L. N. Welingkar Institute of Management Development & Research-MumbaiPGP Media and Entertainment Management INR 3.00 lakh
Christ University, BangaloreMBA Leadership and ManagementINR 3.10 lakh
International School of Management and Research-ISMRMBAINR 3.00 lakh
CU - Chandigarh UniversityMBA Tourism and Hospitality ManagementINR 3.28 lakh
Indira Institute of Management - IIMPMBAINRs 4.00 lakh
ASM’s Institute of Business Management and Research-IBMRMBAINR 3.00 lakh
Jamnalal Bajaj Institute of Management Studies-MumbaiMMSINR 3.00 lakh
Pune Institute of Business ManagementPGDMINR 4.05 lakh
Amity UniversityMBA Agriculture and Food BusinessINR 4.47 lakh
AIMS Institute of Management StudiesMBAINR 3.69 lakh

MBA Fees Less than Rs 1 lakh

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

B-schoolCourse NameFees
FMS-New DelhiMBAINR 20,960
Jamia Millia Islamia-JMIMBA in International BusinessINR 33,170
WE School-Prin. L. N. Welingkar Institute of Management Development and ResearchPGP Foreign Trade ManagementINR 94,400
BK School of Business ManagementMBA in Maritime ManagementINR 80,000
Amity UniversityPGD in Health and Wellness ManagementINR 54,000
Department of Financial Studies, University of DelhiMBA in Financial ManagementINR 26,000
Institute of Management Studies, Banaras Hindu UniversityMBA in International BusinessINR 98,888
Maharshi Dayanand University-MDUMaster of Hotel Management and Catering TechnologyINR 84,468
Tata Institute of Social Sciences, MumbaiPG Diploma in Community MediaINR 40,600
University Business School, Chandigarh-Panjab UniversityMBA HRMINR 60,000

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