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MBA Cost in India: What is the price of an MBA i
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MBA Cost in India: What is the price of an MBA in India?

MBA Cost in India: What is the price of an MBA in India? In case you are about to attempt you CAT exam which is a gateway to the Top MBA Colleges in India then, you don’t have to look any further, Formfees has put a compilation of Top 50 MBA Colleges in India 2023 […]

 Saurav Anand 27/10/2023

Table of Contents

MBA Cost in India: What is the price of an MBA in India?

In case you are about to attempt you CAT exam which is a gateway to the Top MBA Colleges in India then, you don't have to look any further, Formfees has put a compilation of Top 50 MBA Colleges in India 2023 and we will answer to your question “ What is the price of an MBA in India? “ along with many more Details like: 

  1. Top MBA colleges in india: NIRF Ranking
  2. Top MBA Colleges in India placement wise: What are the MBA colleges with Low Fees and Good Placements?
  3. MBA Colleges without entrance exam
  4. Top 10 MBA Colleges in Mumbai with fees structure
  5. Top MBA Colleges in Bangalore
  6. Top MBA Colleges in Hyderabad
  7. Best MBA Colleges in Delhi
  8. MBA Colleges in Kolkata
  9. Colleges accepting CAT score

The compilation of the Top MBA colleges in India along with MBA Cost in India will help you get the idea on how much a person should spend on MBA Colleges in India and the placement opportunities along with State wise MBA College List. 

MBA Cost in India: What is the price of an MBA in India?

MBA fees in India range 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 Cost in India: Top MBA colleges in India other than IIMs
  • MBA Cost in India under INR 10 lakh
  • MBA Cost in India under INR 5 lakh
  • MBA Cost in India under INR 1 lakh

MBA Cost in India: Top MBA Colleges in India other than IIMs

Moving forward the MAB Cost in India ainly depends on the MBA College or the specialization you opt for. Moreover the Top MBA colleges in India other than IIMs can be listed as follows - 

  1. FMS Delhi
  2. XLRI-Jamshedpur
  3. MDI-Gurgaon
  4. SPJIMR-Mumbai 
  5. IIFT-Delhi. 

The Institutions are mainly considered the best for the fact that they provide the best of infrastructure, faculty, pedagogy, international exposure and placements. MBA Cost in India of these B-schools range from INR 11 to INR 30 lakh.  However,  an exception here is FMS-Delhi whose fee is INR 1.92 lakh. 

Take a look at MBA Cost in India: Top MBA colleges in India other than IIMs.

B-SchoolCourse Name**Fees 
FMS-DelhiMBAINR 1.92 lakh
XLRI Jamshedpur-Xavier School of ManagementPGDMINR 23.15 lakh
MDI-GurgaonPGPMINR 24 to 28 lakh
SPJIMR-MumbaiPGDMINR 23.50 lakh
IIFT-New DelhiMBA International BusinessINR 21.77 lakh
ISB-HyderabadPGPMINR 38 to 41 lakh
Symbiosis Institute Of Business Management-PuneMBAINR 24.59 lakh
Jamnalal Bajaj Institute of Management Studies-MumbaiMMSINR 6.00 lakh
IMI-DelhiPGDMINR 18.20 lakh
NMIMS Mumbai-School of Business ManagementMBAINR 11.90 to 24.00 lakh

MBA Cost in India under INR 10 lakh

Now looking at the MBA Cost in India under INR 10 lakh are the departments of management studies of IITs. 

Where the MBA programmes offenders are not only economical as compared to private B-Schools but are also highly ranked in the annual ranking by MHRD-NIRF. 

Take a look at colleges with MBA fees less than INR 10 lakh:

B-SchoolCourse Name**Fees
IIT Delhi - Department of Management StudiesMBA Telecommunication Systems ManagementINR 8.080 lakh
IIT Bombay - Shailesh J. Mehta School of ManagementMBAINR 8.32 lakh
IIT Kharagpur-Vinod Gupta School of ManagementMBAINR 9.30 lakh
BITS-PilaniMBAINR 9.26 Lakh
IIT RoorkeeMBAINR 6.23 lakh
IIT Delhi - Department of Management StudiesMBA INR 8.80 lakh

NOTE: The fees structure changes every year so please contact Formfees for any details. 

MBA Cost in India under INR 5 lakh

Well we understand how important it is to have education that is why we have listed the MBA colleges in this fee range including popular institutes like 

  1. Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai
  2. Christ University, Bangalore
  3. International School of Management and Research-ISMR
  4. CU - Chandigarh University
  5. Indira Institute of Management - IIMP.

Take a look at colleges with MBA fees less than INR 5 lakh:

*B-schoolMBA/PGP Course Name**Fees
Prin. L. N. Welingkar Institute of Management Development & Research-MumbaiPGP Media and Entertainment Management INR 3.00 lakh
Christ University, BangaloreMBA Leadership and ManagementINR 3.80 lakh
International School of Management and Research-ISMRMBAINR 3.20 lakh
CU - Chandigarh UniversityMBA Tourism and Hospitality ManagementINR 4.00 lakh
Indira Institute of Management - IIMPMBAINRs 4.00 lakh

MBA Cost in India under INR 1 lakh

There are mostly department of management studies of central or state universities with MBA fees under INR 1 lakh. These institutes are recognized by the University Grants Commission (UGC) despite their low fees. Take a look at some of the popular MBA Cost in India under INR 1 lakh.

*B-schoolCourse Name**Fees
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
Vishwa Vishwani School of BusinessMBAINR 54,000

Top MBA Colleges in India: NIRF Ranking

NIRF which is also known as the National Institutional Ranking Framework is a method that the Indian government adopts to rank top Education institutions. According to various parameters, it ranks colleges/universities under the Ministry of Education. NIRF publishes ranking lists of top institutions in India every year. NIRF is the most trustworthy and popular Ranking agency in India.

Below are the highlights of top NIRF-ranked MBA colleges in India. 

College NameNIRF Rank 2023NIRF Score
Indian Institute of Management Ahmedabad183.20
Indian Institute of Management Bangalore280.89
Indian Institute of Management Kozhikode376.48
Indian Institute of Management Calcutta475.53
Indian Institute of Technology Delhi574.14
Indian Institute of Management Lucknow674.11
National Institute of Industrial Engineering, Mumbai771.99
Indian Institute of Management Indore871.95
XLRI-Xavier School of Management970.75
Indian Institute of Technology Bombay1068.11
Indian Institute of Management Raipur1166.18
Indian Institute of Management Rohtak1265.88
Management Development Institute1364.88
Indian Institute of Technology Kharagpur1463.92
Indian Institute of Technology Madras1562.83
Indian Institute of Management Udaipur1662.78
Symbiosis Institute of Business Management1762.74
Indian Institute of Technology Roorkee1862.14
Indian Institute of Management Kashipur1961.07
S.P. Jain Institute of Management & Research2060.91

Top NIRF Ranked Private MBA Colleges in India

The Private MBA Colleges in India have several advantages over government MBA colleges in India, including smaller class sizes frequently and personalized attention from lecturers. In general, courses offered at private institutions tend to exhibit a higher degree of flexibility, affording students the opportunity to tailor their educational experience according to their individual interests. 

The following table presents the leading private MBA colleges in India for the year 2023, as ranked by the National Institutional Ranking Framework (NIRF).

NIRF Ranking 2023College NameNIRF Score
9XLRI-Xavier School of Management70.75
13MDI Gurgaon64.88
17SIBM Pune62.74
20S.P. Jain Institute of Management & Research60.91
21SVKM's Narsee Monjee Institute of Management Studies60.64

Top NIRF-Ranked Government MBA Colleges in India

Government colleges are preferable to private colleges since they are less expensive. The alumni networks associated with government universities sometimes exhibit a larger scale, hence providing distinct advantages in terms of networking opportunities and career placement prospects. Government organizations often prioritize research, which can be beneficial for students aspiring to pursue careers in academia or scientific research. 

The following table highlights NIRF-Ranked Government MBA Colleges in India.

NIRF Ranking 2023College NameNIRF Score
1Indian Institute of Management Ahmedabad83.20
2Indian Institute of Management Bangalore80.89
3Indian Institute of Management Kozhikode76.48
4Indian Institute of Management Calcutta75.53
5Indian Institute of Technology Delhi74.14

Top MBA Colleges in India placement wise: What are the MBA colleges with Low Fees and Good Placements?

Top MBA Colleges in India with Low Fees: Admission for the year 2023 will be Open, you can stay connected for more updates.
Below are some of the top MBA Colleges in India with Good Placement and Low Fees with admission 2023 open for the next few days. Contact Formfees as we will help you to apply for MBA admission 2023-24 in these top MBA colleges with low fee structure

Top MBA College With Low FeeFeesAdmission 2023 Status
USMS, GGSIPU, DelhiRs.192,000Opening Soon
PUMBA, PuneRs.1,34,000Opening Soon
SIMSREE, MumbaiRs. 1,36,000Opening Soon
Jamna Lal Bajaj Institute of Management Studies (JBIMS)Rs.6,00,000Opening Soon
Ambedkar University, DelhiRs.3,00,000Opening Soon
Delhi Technical University (Formerly Delhi College of Engg.)Rs.4,25,000Opening Soon

Other Top MBA Colleges in India with Good Placement and Low Fees

Admission for the year 2023-24 will be Open, you can stay connected for more updates. 

MBA Colleges in India with Good Placement and Low Fees as shared below offer AICTE approved/UGC-recognized MBA programmes. 

Contact Formfees as we will help you to apply for MBA admission 2023-24 in these top MBA colleges with low fee structure.

A list of some of the best MBA colleges with low fees 

S. No.Institute NameFees
1Gitarattan International Business School - GIBS DelhiRs. 3.76 Lakhs
Sri Sri University CuttackRs. 6. 60 Lakhs
3Siva Sivani Institute of Management (SSIM) HyderabadRs. 6. 90 Lakhs

4
Kohinoor 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

MBA Colleges without Entrance Exam (Statewise)

The following is a compilation of esteemed educational institutions in the Delhi National Capital Region (NCR) that provide direct admissions for Master of Business Administration (MBA) programmes. The list includes pertinent details such as the respective college fees and admission status.

MBA CollegesFees (in Lakhs)Admission Status
Shiv Nadar University11.00Opening Soon 
LM Thapar School of Management (LMTSM) Chandigarh10.21Opening Soon 
NDIM New Delhi10.60Opening Soon 
IMS Ghaziabad7.95Opening Soon 
Jaypee Business School, Noida9.09Opening Soon 
Jaipuria School of Business, Ghaziabad8.20Opening Soon 
CII School of Logistics, Amity University, Noida9.31Opening Soon 
GNIOT Institute of Management Studies (GIMS)6.21Opening Soon 
Accurate Institute of Management And Technology6.00Opening Soon 

Direct MBA Admissions Colleges in Bangalore

A list of Direct MBA admission colleges in Bangalore with Fees and admission status is given below

MBA CollegesFees (in Lakhs)Admission Status
Alliance School of Business - Alliance University15.00Opening Soon 
AIMS School of Business9.06Opening Soon 
IFIM College9.15Opening Soon 
NSB Academy, Bangalore8.30Opening Soon 
RV Institute of Management7.50Opening Soon 
Dayananda Sagar University Bangalore8.00Opening Soon 
Adarsh Institute of Management And Information Technology - AIMIT Bangalore5.00Open Soon

Direct MBA Admissions Colleges in Mumbai

A list of Direct MBA admission colleges in Mumbai with Fees and admission status is given below

MBA CollegesFees (in Lakhs)Admission Status
Vivekanand Business School (VBS)8.00Opening Soon 
MET Mumbai11.05Opening Soon 
Aditya School of Business Management - ASBM Mumbai7.80Opening Soon 
Kohinoor Business School7.00Opening Soon 
Durgadevi Saraf Global Business School (DSGS) Mumbai7.25Opening Soon 
ATLAS SkillTech University Mumbai10.45Opening Soon 

Direct MBA Admissions Colleges in Pune

A list of Direct MBA admission colleges in Pune with Fees and admission status is given below

MBA CollegesFees (in Lakhs)Admission Status
Sri Balaji University, Pune9.40Opening Soon 
IIMS Pune: International Institute of Management Studies9.00Opening Soon 
Pune Business School5.90Opening Soon 

Direct MBA Admissions Colleges in Hyderabad

A list of Direct MBA admission colleges in Hyderabad with Fees and admission status is given below

MBA CollegesFees (in Lakhs)Admission Status
Woxsen University19.02Opening Soon 
Vignana Jyothi Institute of Management (VJIM) Hyderabad7.60Opening Soon 
Siva Sivani Institute of Management, Hyderabad6.90Opening Soon 

Direct MBA Admissions Colleges in Kolkata; Direct MBA Admissions Colleges in Bhubaneswar

A list of Direct MBA admission colleges in Kolkata with Fees and admission status is given below

MBA CollegesFees (in Lakhs)Admission Status
Sri Sri University Cuttack6.50Opening Soon 
Globsyn Business School Kolkata8.35Opening Soon 

Top 10 MBA Colleges in Mumbai with fees structure

If you are an MBA aspirant seeking admission in a Mumbai college, then have a look at the list of top 10 MBA colleges in Mumbai with low fees provided in this article. You can find the Top 10 MBA Colleges in Mumbai with fees structure.

Top 10 MBA Colleges in Mumbai with Low Fees

The top 10 MBA colleges with low fees in Mumbai along with their average annual fees have been tabulated below:

Name of the CollegeTotal Fees (in INR)
IIT Bombay: Shailesh J Mehta School of Management8,30,000
JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies7,00,000
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education1,34,000
Prin LN Welingkar Institute of Management Development and Research1,60,000
IES Management College and Research Centre1,38,000
K J Somaiya Institute of Management8,98,000
Alkesh Dinesh Mody Institute for Financial and Management Studies9,50,000
TISS Mumbai2,38,000
IES MCRC Mumbai8,00,000
SIES College of Management Studies and SIES School of Business Studies, Navi Mumbai9,00,000

Top MBA Colleges in Bangalore

Bangalore, the administrative center of Karnataka, is well recognised as a highly sought-after location for pursuing a Master of Business Administration (MBA) degree in India. The urban area houses some prestigious MBA institutions in the nation, such as the Indian Institute of Management Bangalore (IIMB), the Indian Institute of Science (IISc) Bangalore, and the PES University. Here is an introduction to some of the top MBA colleges in Bangalore:

  1. Indian Institute of Management Bangalore (IIMB): IIMB is one of the most prestigious MBA colleges in India. It is known for its rigorous academic program and its strong placement record. IIMB offers a two-year full-time MBA program, as well as a one-year executive MBA program.
  2. Indian Institute of Science (IISc) Bangalore: IISc Bangalore is one of the leading scientific and technical institutions in India. It offers a two-year full-time MBA program, which is known for its focus on technology and innovation.
  3. PES University: PES University is a private university in Bangalore that offers a variety of undergraduate and postgraduate programs, including MBA programs. PES University offers a two-year full-time MBA program, as well as a one-year executive MBA program.

Top MBA Colleges in Bangalore - Fees and Placements

Here is a list of the top MBA colleges in Bangalore, along with their fees structure and placements

CollegesNIRF 2023 RankingFeesPlacement
Indian Institute of Management Bangalore (IIMB)2Rs. 18.50 – 24.19 LakhsRs. 25.37 Lakhs
Christ University60Rs. 3.42 – 20.88 LakhsRs. 10.25 Lakhs
Xavier Institute of Management and Entrepreneurship (XIME)72Rs. 14.28 – 17.28 LakhsRs. 11.5 Lakhs
Jain University85Rs. 9.50 – 12.50 LakhsRs. 9.0 Lakhs
Symbiosis Institute of Business Management (SIBM) Bangalore100Rs. 9.50 – 12.50 LakhsRs. 8.5 Lakhs
Alliance School of Business112Rs. 8.50 – 10.50 LakhsRs. 8.0 Lakhs
Indian Institute of Science (IISc) Bangalore - Department of Management Studies-Rs. 7.50 – 9.50 LakhsRs. 12.0 Lakhs
Jagdish Sheth School of Management (JAGSoM)-Rs. 9.50 – 12.50 LakhsRs. 10.5 Lakhs
PES Institute of Management-Rs. 8.50 – 10.50 LakhsRs. 8.0 Lakhs
Dayananda Sagar Institutions - Management Studies-Rs. 7.50 – 9.50 LakhsRs. 7.5 Lakhs
Mount Carmel College - Department of Management Studies-Rs. 6.50 – 8.50 LakhsRs. 7.0 Lakhs

Top MBA Colleges in Hyderabad

List of MBA colleges in Hyderabad with Fee Structure from high to low fee is shared below.

Top MBA Colleges in Hyderabad FeesMBA in Hyderabad Fees (Rs.in lakhs)
Indian School of Business (ISB) HyderabadRs.40+ lakhs
Woxsen University HyderabadRs.19.03 lakhs
Indian Institute of Management (IIM) VisakhapatnamRs.18.25 lakhs
ICFAI Business School (IBS) HyderabadRs.16.02 lakhs
Symbiosis Institute of Business Management (SIBM), HyderabadRs.14.96 lakhs
Institute of Management Technology (IMT) HyderabadRs.12.03 lakhs

Top MBA Colleges in Delhi NCR

Top MBA colleges in Delhi NCR include DoMS-IIT Delhi, MDI Gurgaon, IIM Rohtak, IIFT, IMT Ghaziabad, etc. In the region of Delhi NCR, there exists a total of 542 institutions offering Master of Business Administration (MBA) programmes. Among these, 53 are classified as government institutions, while the remaining 479 are categorised as private institutions. The majority of MBA institutions located in the Delhi National Capital Region (NCR) have received approval from either the All India Council for Technical Education (AICTE) or the University Grants Commission (UGC).

Top MBA Colleges in Delhi

There are 137 MBA colleges in Delhi, of which 106 are Private and 30 are Government colleges. Check out the top MBA colleges in Delhi, per NIRF ranking for 2023.

NIRF Ranking 2023College/University NameNIRF Score
5Indian Institute of Technology Delhi74.14
25Jamia Millia Islamia,New Delhi59.78
27Indian Institute of Foreign Trade58.60
34International Management Institute56.05
63Fore School of Management49.85
66Guru Gobind Singh Indraprastha University49.71
88Jagan Institute of Management Studies45.54
96Jamia Hamdard43.74
99New Delhi Institute Of Management42.61

MBA Colleges in Kolkata

There are approximately 150 management schools in Kolkata that offer high-quality education and excellent job opportunities. The city welcomes students from all over the country and offers an exciting educational experience. 

The MBA colleges in Kolkata are mentioned here, along with the entrance examinations that are accepted and the fee structure.

Name of the InstituteEntrance Exams AcceptedFees
Indian Institute of Management, CalcuttaCAT₹23 L – 24 L
Calcutta UniversityCAT/MAT/XMAT/ JEMAT₹16,508/- for 2-years
ICFAI Business SchoolNot Prescribed₹9.09 L
Indian Institute of Foreign TradeIIFT₹18.25 L
International School of Business and Media – ISB&MNot Prescribed₹8.6 L
IQ City United World School of BusinessNot Prescribed₹6.3 L
BNG Hotel Management CollegeNot PrescribedNot Prescribed
Goenka College of Commerce and Business AdministrationNot Prescribed₹1.9 L
Praxis Business SchoolCMAT, CAT₹6.05 L – 8.51 L
WLC College IndiaWLCI Aptitude Test₹4.35 L – 7.44 L
University of KalyaniCMAT, CAT₹50 K
Heritage Business SchoolCAT, MAT₹7.22 L

Colleges Accepting CAT Score

Top MBA Colleges accepting CAT 2023 Score for admission 2024: Check Cut offs, Fees, Average salary 

Top MBA Colleges Accepting CAT in Non-IIM Category: 90 to 100 Percentile
Among the MBA colleges accepting CAT scores are highly ranked and internationally accredited MBA/ PGDM colleges in addition to the IIMs. Some of the top MBA schools, excluding IIMs, that will accept CAT 2023 scores with a percentile of 90 or higher for MBA admission in 2024 are:  

MBA CollegeMBA Fee (Rs. in Lakhs)Average salary in Placement  (Rs. in Lakhs)
FMS New DelhiRs. 1.92 lakhsRs.34.10 LPA
SPJIMR, MumbaiRs.20.42 lakhsRs.33.02 LPA
MDI GurgaonRs.24.17 lakhsRs.27.67 LPA
IIFT DelhiRs.21.77 lakhsRs.29.10 LPA
IMI New DelhiRs.20.19 lakhsRs.17.01 LPA

Top MBA Colleges Accepting CAT: 80-90 Percentile

Top MBA colleges accepting CAT 80 percentile and above are highly ranked and internationally accredited MBA/ PGDM colleges in India. The list is given below with their admission status

B-SchoolProgramme Fee (Rs.in Lakhs)Average Placement (Rs.in lakhs)
MICA AhmedabadRs.21.00 lakhsRs.20.09 LPA
IIM Mumbai (Erstwhile NITIE)Rs.14.06 lakhsRs.19.95 LPA
Xavier University BhubaneswarRs.21.30 lakhsRs.20.03 LPA
Great Lakes ChennaiRs.17.15 lakhsRs.14.50 LPA
TAPMI ManipalRs.16.50 lakhsRs.14.60 LPA

Top MBA Colleges Accepting CAT Score: Cut off Percentile - 70-80

Many MBA colleges accepting CAT percentile in the range of 70-80 award greater weightage to the profile of the applicants than only to the CAT exam score. 

They are good MBA colleges with consistent placements. The list of some of the prominent MBA colleges is shared below:

B-SchoolProgramme Fee (Rs.in Lakhs)Average Placement (Rs.in lakhs)
Great Lakes Institute of Management GurgaonRs.15.75 lakhsRs.11.60 LPA
Woxsen UniversityRs, 19.90 lakhsRs.9.09 LPA
BIMTECH Greater NoidaRs.13.00 lakhsRs.11.00 LPA
SDMIMD MysoreRs.11.40 lakhsRs. 9.80 LPA
SOIL Institute of ManagementRs.12.90 lakhsRs.10.00 LPA

Top MBA Colleges Accepting CAT Score: Cut off Percentile - 60-70

A good number of MBA colleges that accept CAT percentiles in the range of 60-70 offer a variety of MBA/PGDM programmes and give more weightage to the applicants' profiles rather than just the CAT exam score. Some of them are highly ranked and excellent MBA programmes that consistently place students.

The list of some of the prominent MBA colleges is shared below:

B-SchoolCat Cut off
Shiv Nadar University Greater Noida60-70
New Delhi Institute of Management - NDIM New Delhi60-70
Institute of Management Technology, Hyderabad60-70
Jaipuria Institute of Management Noida60-70
Praxis Business School60-70
Birla Global University, Bhubaneswar60-70
Jaipuria Jaipur: Jaipuria Institute of Management60-70
Delhi School of Business60-70
IIMS Pune: International Institute of Management Studies60-70
JIMS Rohini Delhi60-70

MBA Colleges Accepting CAT Score: Cut off Percentile - 50-60

MBA colleges accepting CAT percentile in the range of 50-60 have moderate fee structure and good placements. These colleges have deliberately kept the CAT cut off moderate as they award greater weightage to the profile of the applicants than only to the CAT percentile. The list of some of the prominent MBA colleges is shared below:

B-SchoolCat Cut off
FIIB Delhi: Fortune Institute of International Business50-60
Jaypee Business School Noida50-60
Sir Padampat Singhania University Udaipur50-60
Firebird Institute of Research in Management50-60
GBS Kolkata: Globsyn Business School, Kolkata50-60
IMS Ghaziabad: Institute of Management Studies50-60
Jaipuria Institute of Management (Jaipuria) Indore50-60
NSB Academy50-60
XIME Chennai: Xavier Institute of Management and Entrepreneurship50-60
XIME Kochi: Xavier Institute of Management and Entrepreneurship50-60
Jaipuria Ghaziabad50-60
RSB Chennai50-60
Apeejay School of Management, Dwarka, New Delhi50-60
Apeejay Institute of Mass Communication50-60
Pune Business School50-60
BULMIM New Delhi50-60
SJIM Bangalore50-60
IES Management College And Research Centre, Mumbai50-60
IMS Unison University Dehradun50-60
ITM Navi Mumbai: ITM Group of Institutions50-60
MET Mumbai50-60
RV Institute of Management50-60
SCMS Cochin: SCMS Cochin School of Business50-60
UPES School of Business: UPES University50-60

Frequently Asked Questions about MBA Cost in India

Q. What are the best MBA colleges in India with low fees?

Ans. In India FMS, Delhi University is a top ranked MBA institute with a low fee of INR 1.92 lakh for a full-time MBA programme. The tuition costs charged by government-affiliated MBA colleges are comparatively lower than those of private institutes due to the financial assistance provided by the government. The Indian Institutions of Management (IIMs), while being government institutions, have expensive tuition due to the absence of government help.

Q. Why are IIM MBA prices so costly despite the fact that it is not a private college?

Ans. IIM MBA tuition is exorbitant since it is an independent institution supported by the government, which means that although the government provides financial assistance, it has no influence in administrative choices. The finest infrastructure, teaching methodology and resources, and foreign immersion programmes are expensive, which is why IIM course costs are so exorbitant.

Q. Do MBA schools provide financial aid to students from low-income families?

Ans. Yes, most MBA programmes provide financial assistance to students from low-income families. These scholarships are awarded on the basis of merit and category. Most MBA programmes provide scholarships to students based on their first semester performance rather than their admission test score.

Q. What banks offer MBA student loans?

Ans. SBI, Canara Bank, PNB, ICICI, HDFC, AXIS, Punjab & Sind Bank, Dena Bank, Union Bank of India, Bank of Baroda, Union Bank of India, Bank of Baroda, ICICI, HDFC are all nationalized banks in India.

Q. What is the maximum amount of student loan I can get from the bank for an MBA?

Ans. An interest rate of 8 to 11 percent can be applied to student loans up to INR 40 lakh. The maximum loan amount offered by SBI and Union Bank of India is INR 30 lakh, while the maximum loan amount offered by Canara Bank is INR 40 lakh.

Q. How much does an MBA cost in foreign universities compared to Indian universities?

Ans. It is true that an MBA at a foreign university is more expensive than one at an Indian university. An MBA abroad may cost at least between INR 20 to 50 lakh but in India, MBA fees start from INR 5 lakh onwards.

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