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MBA Fee Structure in India

MBA fee structure in India ranges from INR 20,000 to INR 40 lakh for the two-year full-time program. Consider the spectrum of MBA college costs in India, as well as the reasons why MBA tuition structures differ from one school to the next.

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

The MBA Fee Structure in India

MBA fee structure in India ranges from INR 20,000 to INR 40 lakh for the two-year full-time program. Consider the spectrum of MBA college costs in India, as well as the reasons why MBA tuition structures differ from one school to the next.

Although you obtain the degree through hard work throughout the two years, you must pay for the education, faculty members, infrastructure, and other facilities that you will use during these two critical years of your life. 

MBA colleges in India charge different fees depending on aspects like as curricular activities, infrastructure, dormitory facilities, foreign exposure, placement services, and so on. Many MBA institutions in India also provide scholarships to students who meet the eligibility requirements. Read on for more information about top MBA institutions in India and their tuition structures.

MBA fee structure in India for the full-time program range from INR 20,000 to INR 40 lakh. While the costs for MBA programs given by universities and government schools are reasonable, those offered by private institutes are not.

MBA fee structure in India

ParticularsAverage Fees (in Rs.)
IIM MBA Fees8,00,000 – 23,00,000
IIT MBA Fees2,00,000 – 5,00,000
IGNOU MBA Fees37,800
Cheapest MBA Fees15,000 – 70,000

IIM MBA fee structure in India

IIMIIM Fees*
IIM AhmedabadRs 21 lakh
IIM BangaloreRs. 23.20 lakh
IIM CalcuttaRs 19 lakh
IIM LucknowRs 19.25 lakh
IIM KozhikodeRs 19 lakh
IIM IndoreRs 16.50 lakh
IIM ShillongRs 15 lakh
IIM RohtakRs 16.65 lakh
IIM RaipurRs 14.21 lakh
IIM TrichyRs 16.50 lakh
IIM RanchiRs 15.30 lakh
IIM KashipurRs 14.75 lakh
IIM UdaipurRs 17.59 lakh
IIM NagpurRs 13.75 lakh
IIM VisakhapatnamRs 13.65 lakh
IIM SirmaurRs 15.75 lakh
IIM SambalpurRs 12 lakh
IIM AmritsarRs 12 lakh

*- These are the approximate fees only. The actual fee may vary.

People Also Ask

1. Do companies in India sponsor candidates’ MBA fees?

Answer. Yes, of course the company does. But it completely depends on the company the candidate works on and also the position the candidate is in.

2. Which is the best MBA college in India with low fees?  MBA fee structure in India 

Answer. In India FMS, Delhi University is a top-ranked MBA institute with a low fee of INR 20,960 per semester. The fees of all government MBA institutes are less than that of private institutes.

3. What is the average fees for MBA in India?

Answer. The MBA fee for IIMs range from Rs 10 Lakh to Rs 2 Lakh and other top B-schools such as XLRI, SPJIMR, and MDI Gurgaon MBA fees range from Rs 15 Lakh to Rs 23 Lakh. Most of the top B-schools in India will cost between Rs 10 Lakh to Rs 23 Lakh.

4. What is the minimum fees for MBA in India?  MBA fee structure in India 

Answer. There are certain B-schools that offer MBAs with low fee structures. Which is mentioned in the article below.

5. What is the top college for MBA fees?

Answer. Some of the top colleges for MBA in terms of fees are IIM Ahmedabad, FMS Delhi, IIM Bangalore, IIM Calcutta, IIFT Delhi, etc.

MBA Fees in Top Colleges in India

The Top B-schools like XLRI and MDI are expensive too. The fee for the XLRI PGDM program (equivalent to MBA) is Rs 23.60 lakhs. MDI PGDM Fee is also expensive at Rs 21.34 lakhs. SPJIMR PGDM is considered a top program with an affordable MBA Fee. FMS Delhi has the lowest MBA fee amongst top Colleges in India. Top MBA Colleges in India with Fee Structures are given below.

Institute NameMBA fees in Top colleges in India (Rs in Lakhs)
FMS New Delhi: Faculty of Management Studies1.92
XLRI Jamshedpur: Xavier School of Management23.6
MDI Gurgaon: Management Development Institute21.34
SPJIMR Mumbai: SP Jain Institute of Management & Research17.5
SIBM Pune: Symbiosis Institute Of Business Management20.72
JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies6
IIFT New Delhi: Indian Institute of Foreign Trade17.7
NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM20.8
IMI Delhi: International Management Institute18.35

MBA Fees in Top Colleges in India

With more than 3,000 MBA Colleges in India of different quality, there is a wide range with Fee Structure too. Generally, MBA Fee ranges from Rs 5.0 Lakhs to 15.0 Lakhs. MBA Colleges in India with Fee Structure are below.

Institute NameFees (Rs in lakhs)
IMT Ghaziabad: Institute of Management Technology19.53
Great Lakes Chennai: Great Lakes Institute of Management - GLIM15.86
BITS Pilani – Deptt of Management9
Prin. L. N. Welingkar Institute of Management Development & Research11.04
Xavier Institute of Management, XIMB19.5
TAPMI Manipal: T A Pai Management Institute15.1
GIM Goa: Goa Institute of Management17.21
IRMA Anand: Institute of Rural Management15.17
K J Somaiya Institute of Management, Mumbai16.29
SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development17.43
BIMTECH Greater Noida: Birla Institute of Management Technology12
IFMR GSB at KREA University, Sri City13.86
Symbiosis Institute of Business Management - SIBM Bangalore16
IPE Hyderabad: Institute of Public Enterprise8.15
Jagan Institute of Management Studies, Rohini7.95
Jaipuria Institute of Management, Lucknow10.45
Jaipuria Institute of Management, Noida10.45
New Delhi Institute of Management (NDIM) Delhi8.25
Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore11.2
IMS Ghaziabad7.95
Loyola Institute of Business Administration (LIBA) Chennai15.26
Institute Of Management Technology (IMT) Nagpur12.1
Chandragupt Institute of Management (CIMP) Patna7.65
SOIL Institute of Management, Gurgaon15.03
Bharathidasan Institute of Management (BIM), Tiruchirappalli12.15
Jagannath International Management School (JIMS) Kalkaji7.95
Xavier Institute of Social Service (XISS) Ranchi8.9
SIES College of Management Studies, Mumbai8.9
IES’s Management College and Research Centre (IESMCRC), Mumbai8
Entrepreneurship Development Institute of India - EDII Ahmedabad12.31

MBA college fees in India are determined by a variety of criteria including as infrastructure, housing facilities, extra-curricular activities, and pedagogy. For example, if an MBA college provides an international immersion program in which students must spend a semester or more at a foreign university, the course tuition at such institute will be exorbitant. If, on the other hand, the MBA institute is government-funded, the fees will be inexpensive.

Yes, financial help provided by the state or central government to conduct academic programs is one of the key reasons for low MBA fees at government institutions and universities.

MBA students who want to take an MBA program in the future academic year should start looking for the best MBA schools for them right now. MBA costs will be a crucial element influencing your selection in your quest.

While talking about MBA colleges in India, it is impossible to not talk about the Indian Institute of Management (IIM), the premier MBA institutes of India. In India, there are 20 IIM campuses, and MBA tuition at IIMs ranges from INR 11 lakh to INR 23 lakh. While the PGP program at IIM Sirmaur costs INR 11 lakh, the MBA program at IIM Ahmedabad costs INR 23 lakh.

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 Name**Fees
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
Prin. L. N. Welingkar Institute of Management Development & Research-MumbaiPGDMINR11.00 lakh
BIMTECH-Greater NoidaPGDMINR 12.00 lakh
K. J. Somaiya Institute of Management Studies And Research-MumbaiPGDM International BusinessINR 13.66 lakh
IRMA-AnandPGDRMINR 12.08 lakh
Xavier Institute of Management, XIMB-BubaneshwarMBA Business ManagementINR 20.80 lakh
TAPMI-ManipalPGDMINR 16.90 lakh
Great Lakes Institute of Management-ChennaiPGPMINR 13.84 lakh
Symbiosis Institute of Business Management-BangaloreMBAINR 14.70 lakh
Entrepreneurship Development Institute of India - AhmedabadPGDM Business EntrepreneurshipINRs 12.56 lakh

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 Name**Fees
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 Delhi - Department of Management StudiesMBA Telecommunication Systems ManagementINR 8.80 lakh

Admission process of the above mentioned institutes is the same as other MBA colleges, i.e. selection through entrance exams such as CAT, XAT, GMAT, Group Discussion and Personal Interview.

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 programmes 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 Name**Fees
Prin. L. N. Welingkar Institute of Management Development & Research-MumbaiPGP Media and Entertainment ManagementINR 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
MIT Pune-MIT World Peace UniversityMBAINR 3.50 lakh
DBS-Doon Business SchoolMBA International BusinessINR 4.52 lakh
Gems B School, BangaloreCorporate MBAINR 4.20 lakh
Galgotias University-GUMBA Healthcare and Hospital ManagementINR 4.47 lakh
IES Management College and Research Centre (IES MCRC)MMSINR 4.20 lakh
DTU-Delhi Technological University (DCE)MBA Business AnalyticsINR 3.56 lakh
SRCC-Shri Ram College of CommercePGDM Global Business OperationsINR 3.20 lakh

Students shortlisting their preferred MBA institutes must keep in mind colleges mentioned in the above table as they offer various upcoming specialisations in MBA for low fees.

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 Name**Fees
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
Vishwa Vishwani School of BusinessMBAINR 54,000
Garware Institute of Career Education and Development, University of MumbaiPGD Retail ManagementINR 65,420
YMCA-New DelhiPGD Aviation & Tourism ManagementINR 61,256
Utkal UniversityPGD Banking & Insurance ManagementINR 40,600
Maharshi Dayanand University Center, DwarkaMBAINR 48,000
Indian Institute of Social Welfare and Business Management-IISWBMPGD Supply Chain and Logistics ManagementINR 70,000
Chaitanya Bharathi Institute of TechnologyMBAINR 86,000
Andhra University, VisakhapatnamMHRMINR 24,440
Babu Banarasi Das UniversityPGD Sports ManagementINR 80,000
Gujarat UniversityPGD Export-Import & International FinanceINR 6,000
AMU - Aligarh Muslim UniversityPGD Public RelationsINR 3,500
Patna UniversityPGD HRDINR 9,500
University College of Commerce and Business Management, Osmania UniversityMBA Technology Management ProgrammeINR 20,000
Gauhati University-GUMaster of Business EconomicsINR 14,090
Department of Management Studies, Anna UniversityMBAINR 56,550
GD Goenka University-GDGUPGD Supply Chain ManagementINR 90,000
Doon UniversityPGD Security ManagementINR 40,000
CUSAT-Cochin University of Science and TechnologyMBAINR 42,000

Aspirants who plan to pursue an MBA course from institutes mentioned in the table above must check for their past placement data before taking a decision.

MBA Colleges with Low Fees and Good Placements

Masters of Business Administration or MBA are one of the most popular postgraduate programs that offer a wide range of career options to students. The program is available for candidates who have completed BBA, BCA, B.Tech, or any other bachelor’s degree. 

The course fee of the MBA program ranges from INR 10,000 to INR 35 Lakhs. Government colleges have lower fees in comparison to private MBA colleges. Many colleges in India offer an MBA program that suits the budget of every student. In this article, we have listed the top MBA colleges with low fees. 

Candidates who are looking for MBA colleges with a low fee structure are advised to check this article. 

MBA Colleges in India with Low Fees

The table provided below contains the Top MBA Colleges with Low Fees in India.

Name of CollegesCourse NameCourse FeesAverage Salary Package
Faculty of Management Studies (FMS), Delhi UniversityMaster of Business AdministrationINR 94,000INR 26,40,000
Jamnalal Bajaj Institute of Management Studies (JIBMS), MumbaiMasters in Management StudiesINR 3,04,000INR 18,91,000
Tata Institute of Management Studies (TISS), MumbaiMA in Human Resource Management and Labor RelationsINR 2,38,000INR 19,62,000
Department of Management Sciences, (PUMBA) Savitribai Phule Pune University, PuneMaster of Business AdministrationINR 1,68,000INR 6,47,000
Department of Financial Studies, Delhi UniversityMBA in Financial ManagementINR 1,51,000INR 13,33,000
Christ University, BangaloreMaster of Business AdministrationINR 2,40,000INR 6,00,000
Delhi Technical University (DTU), DelhiMaster of Business AdministrationINR 2,79,000INR 6,40,000
Sydenham Institute of Management Studies Research and Entrepreneurship Education(SIMSREE), MumbaiPost Graduate Diploma in Business ManagementINR 1,36,000INR 8,10,000
Birla Institute of Technology and Science (BITS), PilaniMBA in Business AnalyticsINR 5,08,000INR 15,60,000

 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
PUMBA, PuneRs.1,34,000MAH CET/CAT/CMAT
SIMSREE, MumbaiRs.1,36,000MAH CET/CAT/CMAT/XAT
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:

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 best private MBA colleges in India.

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

Top MBA college with Low FeesProgramme 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 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 the 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 MBAUniverse.com 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.

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

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 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

Fee Structure for MBA in Government Colleges

Top Government MBA Colleges in India with Low Fees -

Because of their outstanding academic output, the top Indian government MBA colleges are internationally recognized. These colleges will accept your CAT score to admit you. These colleges strive to bring excellence to their students. Indian Institute of Management (IIM), is a well-known name for students who plan to study management master’s. Many students consider IIM a dream. IIMs is a grouping of 20 institutions that offer management education. Some of the most prestigious IIMs include IIM Ahmedabad and IIM Bangalore.

The faculty of Management Studies at the University of Delhi is another well-respected government MBA college in India. FMS is a well-known Indian MBA college that is known for its ability to teach students entrepreneurial skills. National Institute of Industrial Engineering in Mumbai; Department of Management Studies at Indian Institute of Technology Delhi ; JBIMS [Jamnalal Bajaj Institute of Management Studies in Mumbai]); and Department of Management Studies at Indian Institute of Science, Bangalore. These are just a few of the top government MBA colleges across India.

Which is the Best Government College for MBA in India?

Top government MBA colleges in India include the IIMs and IITs.

Top Government MBA Colleges in India.

Top MBA CollegesNIRF Rankings 2021
Indian Institute of Management Ahmedabad1
Indian Institute of Management Bangalore2
Indian Institute of Management Calcutta3
Which is the Cheapest College for MBA in India?

Cheapest colleges to study MBA courses in India – Placement

Name of the collegeAverage/Median Salary (in Rs.)
Delhi School of Economics, DU-
Tata Institute of Social Sciences (TISS), MumbaiRs. 4.80 lakhs
Pune University Department of Management Sciences (PUMBA)-
FMS BHURs. 7.20 lakhs
Which College is Best for MBA Low Fees?

Register now for latest MBA Exam & Admissions Updates, contact Formfees for the latest updates

Top MBA college with Low FeesProgramme Fee
SIMSREE, MumbaiRs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)Rs. 6,00,000
BITS PilaniRs. 9,00,00
UBS Chandigarh-Panjab UniversityRs. 38,000

Entry Exams to Admission to Top Government MBA Colleges of India

CAT is one of India’s most popular management entrance exams. It is administered by IIMs to allow admission to top IIMs, as well as other top B-schools in India. It is usually conducted in the last week or so of November. To select the best colleges MBA colleges in India, they use the CAT score.

IIFT is another common management entrance test that is administered by the National Testing Agency to determine eligibility for admission to MBA IB (International Business).

Many top Indian government MBA colleges also accept /MAT scores. It is done four times a year to be eligible for admission into more than 500 B-Schools in India.

Common MBA Courses in India

  • Marketing and Sales
  • Human Resource Management
  • Banking and Finance
  • International Business

What is the Placement Assistance Offered by Top Government MBA Colleges of India?

It is not surprising that every year, many candidates take entrance exams in an attempt to gain admission to top Indian government MBA colleges. The colleges offer excellent placements and a wide range of professional opportunities. IIMs are well-known for their placement support. The median package IIM Ahmedabad students receive is 22.80 LPA, according to statistics from previous years. Excellent support is also available at other Indian government MBA colleges.

  • Top MBA Colleges with Low Fees: India’s Lowest Fee MBA colleges are the high RoI Management Institutes
  • Top MBA colleges in India with Low Fee charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 year full time residential MBA or PGDM programme. Other prominent MBA institutions, such as IIMs, XLRI, MDI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs. 
  • Some of the best B-schools in India offering low-cost MBA programs are associated with or management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To gain admission to a top MBA schools with inexpensive tuition, you must do well on an entrance test such as the CAT/XAT/CMAT/MAH CET and have great academics/work experience.

Some Insights of Colleges from other Regions as well: Fee Structure For MBA in Government Colleges

Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.

CollegesAnnual Fees
Jamia Millia Islamia University, New DelhiINR 65,100
University of Delhi, Faculty of Management Studies, New DelhiINR 96,000
Institute of Management Studies, Banaras Hindu University, VaranasiINR 1,20,767
Department of Management Studies, Anna University, ChennaiINR 20,500
Pondicherry University, PondicherryINR 74,718
University of Jammu, JammuINR 78,071
Maharaja Sayajirao University of Baroda, VadodaraINR 14,500
Ganpat University, MehsanaINR 95,000
RKDF University, BhopalINR 50,000
Department of Management Science, Savitribai Phule Pune University, PuneINR 66,194

List of Top Private and Government MBA Colleges in Kolkata

There are approximately 85 MBA colleges in Kolkata which offer MBA courses, out of these 62 colleges are private, 9 are public and rest are public/private. Here is the list of some of the top private and public MBA colleges in Kolkata:

List of Private MBA Colleges in Kolkata

Private CollegesCourse Fee (in Rs)
Praxis Business School (PBS), Kolkata7.57 L
Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata75 K - 6 L
Adamas University5.17 L
NSHM Knowledge Campus, Kolkata6.15 L
Institute of Management Study (IMS), Kolkata2.35 L - 3.75 L

List of Public/Government Colleges in Kolkata

Public CollegesCourse Fee (in Rs)
Indian Institute of Management (IIM) Calcutta, Kolkata16.2 L - 20 L
Indian Institute of Foreign Trade (IIFT), Kolkata16.25 L
Calcutta University16.51 K - 1.76 L
University of Kalyani (KU), Kolkata50 K
Footwear Design and Development Institute (FDDI), Kolkata5.18 L

ROI of Top MBA Colleges in Kolkata

Return on Investment refers to know the benefit of placements divided by the fees paid for the programme. Candidates can know the colleges which has high or low return on investment. It is the major factor for the students to know the institute/college to apply for.

College NameCourse Fee in Rs.Average salary (in Rs LPA)
Indian Institute of Foreign Trade (IIFT) Kolkata18.25 lakhs18.01
Indian Institute of Management (IIM) Calcutta20 - 24 lakhs25.36
International Management Institute (IMI) Kolkata13 lakhs6.9
Management Development Institute (MDI) Murshidabad10.42 lakhs9.03
Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata75 k - 6 lakhs5.8

Government MBA Colleges in Delhi

When compared to other places, MBA in Delhi provides an outstanding learning experience with high placements. In Delhi, there are over 130 MBA institutions. 

There are around 16 government institutions and 69 privately operated colleges among these. The bulk of MBA programs in Delhi are offered by private universities.

MBA Colleges in Delhi Highlights

Refer to the table below to know some of the highlights for MBA colleges in Delhi.

ParametersParticulars/Statistics
No. of MBA colleges in DelhiApproximately 130 Delhi MBA Colleges
Fees-Annual Fees < Rs 1 lakh: 10%
-Annual Fess > Rs 5 lakh: 37%
Top SpecialisationsMBA in Finance, MBA in Sales and Marketing, MBA in HR, MBA in Healthcare and Hospital, MBA in Operations, MBA in International Business, MBA in Business Analytics

When it comes to MBA programs, Delhi is one of the most popular destinations. With the position of a National Capital and an active corporate interface, the mood and wave it provides are very appropriate and distinct. The following are some important reasons why Delhi is one of the most sought-after educational destinations:

The capital city is home to a number of uncontested top MBA schools. In addition to a number of top MBA programs, Delhi provides industry contacts due to the presence of a big number of Fortune 500 organizations. Students can also pick from a variety of MBA specializations provided by these universities.

Top MBA institutions in Delhi accept marks from a variety of national and state-level examinations. The most common qualifying test for admittance to MBA programs in Delhi is the CAT. This test is followed by others like the MAT, XAT, CMAT, ATMA, MAH CET, SNAP, MHT CET, NMAT, ICAR AIEEA, and so on..

MBA Colleges in Delhi: Eligibility Criteria

The eligibility criteria for MBA courses may differ from one college to another. However, the basic eligibility criteria for MBA is as follows:

  • Candidates must have passed graduation in any discipline or equivalent from a recognised university or institute.
  • Most of the institutes follow the minimum score criteria in graduation which is 50% aggregate or equivalent CGPA. For reserved category students, the minimum score is 45% in aggregate or equivalent CGPA. However, this may vary from one institute to another.
  • Final-year graduation students are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.

List of Top Private and Government MBA Colleges in Delhi

Private MBA Colleges in Delhi

Refer to the table below to know the top private MBA colleges in Delhi with fees:

Name of the InstituteCourse Fee (in Rs)
International Institute of Health Management Research7.25 lakh
International College of Financial Planning (ICOFP)7.2 lakh
JIMS Kalkaji7.95 lakh
IMI Delhi17.68 lakh
Lal Bahadur Shastri Institute of Management11.67 lakh

Government MBA Colleges in Delhi

Refer to the table below to know the top government/public MBA colleges in Delhi with fees:

Name of the InstituteCourse Fees (in Rs)
Department of Management Studies, IIT Delhi8.8 lakh to 9.6 lakh
Indian Institute of Foreign Trade18.24 lakh
Jamia Milia Islamia47K to 1.3 lakh
Faculty of Management Studies1.92 lakh
Delhi School of Management, DTU3.96 lakh

Top 10 Government MBA Colleges in Mumbai

Tabulated below is the list of top 10 MBA colleges in Mumbai along with their average annual fees:

Name of the CollegeAverage Annual Fees
Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], MumbaiINR 6,91,000
National Institute of Industrial Engineering - [NITIE], MumbaiINR 7,03,000
IIT Bombay - Indian Institute of Technology - [IITB], MumbaiINR 50,400
Mumbai University - [MU], MumbaiINR 55,000
Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], MumbaiINR 1,00,905
Hansraj Jivandas College of Education, MumbaiINR 6,600
Thakur Institute of Management Studies and Research - [TIMSR] MumbaiINR 63,791
Vikas Night College of Arts Science and Commerce, Mumbai-
Thakur Global Business School - [TGBS], MumbaiINR 4,80,000
Sasmira The Synthetic and Art Silk Mills Research Association - [SASMIRA], MumbaiINR 1,99,000

Rankwise Best Government MBA Colleges In India With Fee Structure

An MBA is seen as a symbol of social and professional achievement in India. MBA has grown in popularity in India to the point that it is more than just a certification. Management studies are available in both private and governmental institutions in India. Let’s have a look at the best government MBA institutions in India.

Listing below Rankwise Best Government MBA Colleges in India-

1- Indian Institute of Management Ahmedabad(IIMA)

2- Indian Institute of Management Bangalore(IIMB)

3- Indian Institute of Management Kolkata(IIMC)

4- Indian Institute of Management Lucknow(IIML)

5- Indian Institute of Management Indore(IIMI)

6- Indian Institute of Management Kozhikode (IIMK)

7- Management Development Institute Gurgaon(MDI)

8- Faculty of Management Studies Delhi University New Delhi(FMS)

9- Jamnalal Bajaj Institute of Management Studies Mumbai(JBIMS)

10- Indian Institute of Foreign Trade New Delhi(IIFT)

Frequently Asked Questions

1.What is fees for MBA in India?

Answer. 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.

2. What is the fees of top MBA colleges in India?

Answer. The present MBA Fee for IIMs ranges from Rs 12 Lakhs to Rs 23 Lakhs and the MBA Fee for Top PGDM B-schools like XLRI, MDI and SPJIMR ranges from Rs 15 Lakhs to Rs 23 Lakhs. So, MBA from most of the Top 10-20 B-schools in India will cost between Rs 12 lakhs and Rs 23+ Lakhs.

3. Which is the cheapest college for MBA in India?

Answer. Cheapest colleges to study MBA course in India – Placement

Name of the collegeAverage/Median Salary (in Rs.)
Delhi School of Economics, DU-
Tata Institute of Social Sciences (TISS), MumbaiRs. 4.80 lakhs
Pune University Department of Management Sciences (PUMBA)-
FMS BHURs. 7.20 lakhs
4. Which is No 1 College for MBA in India?

Answer. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon to name a few.

5. Why is MBA so costly?

Answer. Many programs incorporate the costs of international business trips, real-world consulting projects, and other experiences into their fees. Equally, organizing career fairs, workshops, and coaching makes providing an MBA an expensive endeavor for schools.

6. How can I do MBA in low cost?

Answer. Register now for latest MBA Exam & Admissions Updates

Top MBA college with Low FeesProgramme Fee
SIMSREE, MumbaiRs. 1,36,000
Jamna Lal Bajaj Institute of Management studies (JBIMS)Rs. 6,00,000
BITS PilaniRs. 9,00,00
UBS Chandigarh-Panjab UniversityRs. 38,000
7. Can I do MBA without fees?

Answer. Free MBA Programs

There are actually some business schools that offers tuition-free accredited MBA programs. The Block School of Management at the University of Missouri-Kansas City offers its MBA program for free to all students enrolling in Fall 2016.

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