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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 College | Fees(Appx.) |
---|---|---|
1 | IIM Ahmedabad | 28.00,000 |
2 | IIM Calcutta | 27,00,000 |
3 | IIM Bangalore | 23,00,000 |
4 | IIM Lucknow | 19,25.000 |
5 | IIM Kozhikode | 17,50,000 |
6 | IIM Indore | 16,00,000 |
7 | IIM Trichy | 14,00,000 |
8 | IIM Shillong | 14,60,000 |
9 | IIM Udaipur | 13,00,000 |
10 | IIM Kashipur | 15,42,000 |
11 | IIM Ranchi | 15,30,000 |
12 | IIM Jammu | 13,80,000 |
13 | IIM Raipur | 14,20,000 |
14 | IIM Rohtak | 15,20,000 |
15 | IIM Nagpur | 13,75,000 |
16 | IIM Sirmaur | 11,75,000 |
17 | IIM Vishakapatnam | 10,50,000 |
18 | IIM Sambalpur | 13,03,000 |
19 | IIM Amritsar | 10,50,000 |
20 | IIM Bodhgaya | 10,60,000 |
IIM Ahmedabad
Approvals & Accreditation - MHRD Location - Ahmedabad, GujaratMBA
1.2 Lakhs-31.5 Lakhs
IIM Kozhikode
Approvals & Accreditation - AMBA, EQUIS, AACSB Location - Kozhikode, KeralaPGP
22.5 lakhs
IIM Ranchi
Approvals & Accreditation - MHRD Location - Ranchi, JharkhandMBA
17.5 Lakhs
Indian Institute of Management Lucknow
Approvals & Accreditation - AMBA, AICTE Location - Lucknow, Uttar PradeshMBA
7.5 Lakhs-20.75 Lakhs
Fees of Top MBA Colleges in India
S. No. | MBA College | Fees(Appx.) |
---|---|---|
1 | Faculty of Management Studies (FMS) Delhi | 1,94,000 |
2 | Delhi School of Economics, Delhi University | 32,000 |
3 | Guru Gobind Singh Indraprastha University | 59,000 |
4 | Department of Management Sciences (PUMBA), Savitribai Phule Pune University | 1,34,000 |
5 | SIMSREE, Mumbai | 1,36,000 |
6 | Jamna Lal Bajaj Institute of Management Studies (JBIMS) | 6,00,000 |
7 | Taxila Business School | 10,60,000 |
8 | Bangalore University | 75,000 |
9 | NITIE Mumbai | 14,63,000 |
10 | Delhi Technical University | 3,56,000 |
FMS Delhi
Approvals & Accreditation - AICTE Location - DelhiMBA
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 Name | Fee |
---|---|
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.
S.no. | Institute Name | Fees |
---|---|---|
1 | Gitarattan International Business School - GIBS Delhi | Rs. 3.76 Lakhs |
2 | Sri Sri University Cuttack | Rs. 6. 60 Lakhs |
3 | Siva Sivani Institute of Management (SSIM) Hyderabad | Rs. 6. 90 Lakhs |
4 | Kohinoor Management School Mumbai | Rs. 7. 00 Lakhs |
5 | Durgadevi Saraf Global Business School (DSGS) Mumbai | Rs. 7. 25 Lakhs |
6 | Rajagiri Business School (RBS) Kochi | Rs. 7. 36 Lakhs |
7 | Vignana Jyothi Institute of Management (VJIM) Hyderabad | Rs. 7. 60 Lakhs |
8 | Chandragupt Institute of Management Patna (CIMP) | Rs. 7. 65 Lakhs |
9 | Aditya School of Business Management (ASBM) Mumbai | Rs. 7. 80 Lakhs |
10 | Rajalakshmi School of Business (RSB) Chennai | Rs. 7. 82 Lakhs |
11 | SCMS Cochin School of Business (SCMS) Cochin | Rs. 7. 95 Lakhs |
12 | Institute of Management Studies (IMS) Ghaziabad | Rs. 7.95 Lakhs |
13 | Dayananda Sagar University Bangalore | Rs. 8. 00 Lakhs |
14 | Institute of Public Enterprise (IPE) Hyderabad | Rs. 8. 00 Lakhs |
15 | Vivekanand Business School (VBS) Mumbai | Rs. 8. 00 Lakhs |
16 | Dayananda Sagar Business School | Rs. 8. 15 Lakhs |
17 | Jaipuria School of Business (JSB) Ghaziabad | Rs. 8. 20 Lakhs |
18 | NSB Academy Bangalore | Rs. 8. 30 Lakhs |
19 | Globsyn Business School (GBS) Kolkata | Rs. 8. 35 Lakhs |
20 | Jagannath International Management School (JIMS) Kalkaji | Rs. 8.70 Lakhs |
21 | SIES College of Management Studies Mumbai | Rs. 9. 00 Lakhs |
22 | AIMS School of Business (AIMS Institutes) | Rs. 9. 06 Lakhs |
23 | Jaypee Business School (JBS) Noida | Rs. 9. 09 Lakhs |
24 | IES’s Management College And Research Centre (IES MCRC)Mumbai | Rs. 9. 12 Lakhs |
25 | Delhi School of Business, VIPS - Technical Campus | Rs. 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 of Top MBA Colleges in India other than IIMs
- MBA fees under INR 10 lakh
- MBA fees under INR 5 lakh
- MBA fees under INR 1 lakh
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-School | Course Name | Fees |
---|---|---|
FMS-Delhi | MBA | INR 20,960 |
XLRI Jamshedpur-Xavier School of Management | PGDM | INR 23.60 lakh |
MDI-Gurgaon | PGPM | INR 19.80 lakh |
SPJIMR-Mumbai | PGDM | INR 17.50 lakh |
IIFT-New Delhi | MBA International Business | INR 16.25 lakh |
ISB-Hyderabad | PGPM | INR 34.63 lakh |
Symbiosis Institute Of Business Management Pune | MBA | INR 17.06 lakh |
Jamnalal Bajaj Institute of Management Studies-Mumbai | MMS | INR 3.00 lakh |
IMI-Delhi | PGDM | INR 17.68 lakh |
NMIMS Mumbai-School of Business Management | MBA | INR 19.76 lakh |
IMT-Ghaziabad | PGDM | INR 17.55 lakh |
XLRI Jamshedpur
Approvals & Accreditation - AICTE, AIU, GOI Location - Jamshedpur, JharkhandPGDM
26 Lakhs
NMIMS Mumbai
Approvals & Accreditation - UGC Location - Mumbai, MaharastraMBA
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-School | Course Name | Fees |
---|---|---|
IIT Delhi - Department of Management Studies | MBA Telecommunication Systems Management | INR 8.80 lakh |
Symbiosis Centre for Management and Human Resource Development, Pune | MBA | INR 8.13 lakh |
IIT Bombay - Shailesh J. Mehta School of Management | MBA | INR 8.32 lakh |
NITIE-Mumbai | PGD Industrial Safety and Environmental Management | INR 7.62 lakh |
IIT Kharagpur-Vinod Gupta School of Management | MBA | INR 6.19 lakh |
BITS-Pilani | MBA | INR 8.04 Lakh |
IIT Madras - Department of Management Studies | MBA | INR 6.89 lakh |
IIT Roorkee | MBA | INR 6.23 lakh |
IIT Kharagpur
Approvals & Accreditation - AICTE, UGC Location - Kharagpur, West BengalUG & PG Courses
1.88 Lakhs-10.6 Lakhs
IIT Bombay
Approvals & Accreditation - AICTE Location - Bombay, MaharastraPG & 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-school | MBA/PGP Course Name | Fees |
---|---|---|
Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai | PGP Media and Entertainment Management | INR 3.00 lakh |
Christ University, Bangalore | MBA Leadership and Management | INR 3.10 lakh |
International School of Management and Research-ISMR | MBA | INR 3.00 lakh |
CU - Chandigarh University | MBA Tourism and Hospitality Management | INR 3.28 lakh |
Indira Institute of Management - IIMP | MBA | INRs 4.00 lakh |
ASM’s Institute of Business Management and Research-IBMR | MBA | INR 3.00 lakh |
Jamnalal Bajaj Institute of Management Studies-Mumbai | MMS | INR 3.00 lakh |
Pune Institute of Business Management | PGDM | INR 4.05 lakh |
Amity University | MBA Agriculture and Food Business | INR 4.47 lakh |
AIMS Institute of Management Studies | MBA | INR 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-school | Course Name | Fees |
---|---|---|
FMS-New Delhi | MBA | INR 20,960 |
Jamia Millia Islamia-JMI | MBA in International Business | INR 33,170 |
WE School-Prin. L. N. Welingkar Institute of Management Development and Research | PGP Foreign Trade Management | INR 94,400 |
BK School of Business Management | MBA in Maritime Management | INR 80,000 |
Amity University | PGD in Health and Wellness Management | INR 54,000 |
Department of Financial Studies, University of Delhi | MBA in Financial Management | INR 26,000 |
Institute of Management Studies, Banaras Hindu University | MBA in International Business | INR 98,888 |
Maharshi Dayanand University-MDU | Master of Hotel Management and Catering Technology | INR 84,468 |
Tata Institute of Social Sciences, Mumbai | PG Diploma in Community Media | INR 40,600 |
University Business School, Chandigarh-Panjab University | MBA HRM | INR 60,000 |