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Top 10 MBA Colleges In India With Fees Structure

Top 10 MBA Colleges In India With Fees Structure

Top 10 MBA Colleges in India with Fee Structure – Looking to get into the Top 10 MBA Colleges in India? Will, if yes then read below the List of Top 10 MBA Colleges in India with Fee Structure.  There are a number of top MBA colleges in India that offer MBA degrees with an […]

 Saurav Anand
 Saurav Anand 11/09/2023
11/09/2023
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Top 10 MBA Colleges in India with Fee Structure - Looking to get into the Top 10 MBA Colleges in India? Will, if yes then read below the List of Top 10 MBA Colleges in India with Fee Structure. 

There are a number of top MBA colleges in India that offer MBA degrees with an average annual fee of INR 50,000 to INR 30,000. In India's top IIMs and private MBA colleges, the average MBA fee generally ranges from INR 20 lakhs to 23 lakhs annually. The following is a list of the top 10 MBA colleges in India, along with their fee structures. 

And please NOTE - The Fees Structure changes year by year, so contact us for details related to Fees or for other services. 

Top 10 MBA Colleges in India with Fee Structure: Know About Fee & More

RankMBA CollegeCityProgramExamsFees
1IIM Bangalore: Indian Institute of ManagementBangalorePost Graduate Programme in Management (PGP) Leading to MBA DegreeCAT, GMATINR 23,20,000
2IIM Calcutta: Indian Institute of ManagementKolkataMaster of Business Administration (MBA)CAT, GMATINR 22,60,000
3IIM Ahmedabad: Indian Institute of ManagementAhmedabadPost Graduate Programme in Management (PGP)CAT, GMATINR 23,00,000
4SPJIMR Mumbai: SP Jain Institute of Management and ResearchMumbaiPost Graduate Diploma in Management (PGDM)CAT, GMATINR 20,42,000
5IIM Kozhikode: Indian Institute of ManagementKozhikodePost Graduate Program in Management (PGP)CAT, GMATINR 19,00,000
6XLRI Jamshedpur: Xavier School of ManagementJamshedpurPost Graduate Diploma in Business Management (PGDM - BM)XAT, GMATINR 23,60,000
7IIM Lucknow: Indian Institute of ManagementLucknowPost Graduate Programme in Management (PGPM)CAT, GMATINR 19,25,000
Not RankedISB Hyderabad: Indian School of BusinessHyderabadPost Graduate Programme in ManagementGRE, GMATINR 22,50,000
8IIM Indore: Indian Institute of ManagementIndorePost Graduate Programme in Management (PGP)CAT, GMATINR 21,07,000
9FMS New Delhi Faculty of Management StudiesNew DelhiMaster of Business Administration (MBA)CATINR 1,92,000

NOTE - The Ranking is not as per the NIRF

Top 10 MBA Colleges in India with Fee Structure | Government MBA Colleges in India

The List consists of 8 Top MBA Colleges in India with Fee structure, The selection of Government MBA Colleges in India comprises the most esteemed, leading, and Top MBA institutions in India. 

The Top Government MBA Colleges in India provide favorable prospects for employment, ensuring a high return on investment. These institutions have a distinguished faculty including individuals with extensive qualifications and experience. 

Presented here are a selection of Government MBA Colleges in India with Fee Structure 

Government MBA Colleges in India with Fee Structure Average MBA Fees(INR)
IIM Bangalore24,50,000
IIM Indore21,14, 222
Jamia Millia Islamia, New Delhi47,000
NITIE Mumbai13,43,000
IIFT New Delhi21,77,000
IIT Delhi10,25,000
IIT Bombay1,00,000
NIT Trichy2,62,000

Top 10 MBA Colleges in India with Fee Structure | Top Private MBA Colleges in India

In India, there are around 3969 recognized private MBA colleges. The top private MBA colleges in India provide high-quality education, facilities, infrastructure, and good placements. 

Below is a list of some of the top private MBA colleges in India with fee structures.

College/ University NameTotal MBA Fees (INR)
Xavier Labour Relations Institute (XLRI), Jamshedpur21,70,000
Management Development Institute, Gurugram23,47,400
Symbiosis Institute of Business Management (SIBM), Pune24,59,000
Narsee Monjee Mumbai21,90,000
ISB Hyderabad36,30,000
S. P. Jain Institute of Management & Research, Mumbai20,42,000
Great Lakes Institute of Management, Chennai18,75,000
Symbiosis Center for Management and Human Resource Development, Pune21,90,000
ICFAI Foundation for Higher Education, Hyderabad16,02,000
Kalinga Institute of Industrial Technology - KIIT, Bhubaneswar7,25,000
Prin LN Welingkar Institute of Management Development and Research (WESCHOOL), Mumbai13,00,000

Top 10 MBA Colleges in India with Fee Structure | Top IIMs in India 2023

The Indian Institute of Management (IIMs) are widely recognized as esteemed institutions for management education in India. These institutes provide a range of management programs, including Master of Business Administration (MBA), Bachelor of Business Administration (BBA), Post Graduate Diploma in Management (PGDM), and others. 

The premier Indian Institutes of Management (IIMs) provide a superior standard of education, well-developed infrastructure, comprehensive facilities, and lucrative employment opportunities with high-placement packages. 

India is home to over 20 Indian Institutes of Management (IIMs), a majority of which hold prestigious positions among the highest-ranked institutions for Master of Business Administration (MBA) programs in the country. 

The chart shown below provides an overview of the leading Indian Institutes of Management (IIMs) in India, as per the National Institutional Ranking Framework (NIRF) Ranking for the year 2023. Additionally, the table includes information on the cost structure associated with each institution.

NIRF Ranking 2023College Name Total Fees (INR)
1IIM Ahmedabad 23,00,000
2IIM Bangalore 23,00,000
4IIM Calcutta23,00,000
3IIM Kozhikode 20,50,000
6IIM Lucknow 20,75,000
8IIM Indore21,14,222
11IIM Raipur15,49,360
12IIM Rohtak19,55,000
16IIM Udaipur 17,50,000
19IIM Kashipur 15,42,000
22IIM Tiruchirappalli16,50,000
24IIM Ranchi17,50,000
26IIM Shillong 14,60,000
29IIM Visakhapatnam16,79,920
41IIM Jammu17,15,000
43IIM Nagpur18,00,000
51IIM Amritsar16,00,000
53IIM Bodh Gaya15,75,000
58IIM Sambalpur10,65,000
98IIM Sirmaur15,75,000

Top 10 MBA Colleges in India with Fee Structure except for IIM

MBA is the most popular course amongst students and can be pursued at several colleges in India. Here is the list of the Top 10 MBA Colleges in India with Fee structure except for IIM, according to NIRF rankings.

NIRF 2023 Ranking Top 10 MBA Colleges in India with Fee StructureTop 10 MBA Colleges in India with Fee structure
5Indian Institute of Technology Delhi9,60,000
9Xavier Labour Relations Institute (XLRI), Jamshedpur21,70,000
7National Institute of Industrial Engineering, Mumbai13,43,000
10Indian Institute of Technology Bombay9,64,300
13Management Development Institute, Gurugram 23,47,000
14Indian Institute of Technology Kharagpur9,29,300
15Indian Institute of Technology Madras10,99,000
17Symbiosis Institute of Business Management, Pune24,59,000
18Indian Institute of Technology Roorkee8,28,000
23Indian Institute of Technology Kanpur2,98,650

Top 10 MBA Colleges in India with Fee Structure | Top Online MBA Colleges in India

Many Top 10 MBA Colleges in India with Fee structure now started offering Online MBAs due to pandemics and accessibility. 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/ University Name Online MBA Fees
Amity University, NoidaINR 13,44,000
Jaipur National University, JaipurINR 2,59,000
Jaipuria Institute of Management, NoidaINR 13,50,000
Indira Gandhi National Open University (IGNOU), DelhiINR 3,06,800
Pondicherry University, Directorate of Distance EducationINR 24,925
National Institute Of Business Management, ChennaiINR 44,000
NMIMS Global Access School for Continuing Education, MumbaiINR 1,44,000
ITM University OnlineINR 2,90,500
LN Welingkar WeSchool, MumbaiINR 13,00,000
Dr. DY Patil Center for Online LearningINR 4,20,000 

Top 10 MBA Colleges in India with Fee Structure | MBA Colleges with Low Fees: Admission 2023


The following MBA institutions provide MBA programs that are accredited by AICTE and recognized by UGC which are also some of the best MBA Colleges in India with Low Fees. The admission process for the academic year 2023 is now underway at these educational institutions and will be available for a limited period of time. Below is a compilation of respected MBA institutions offering affordable tuition costs and currently accepting applications for the academic year 2023.

NOTE - For Admission Related Queries Contact FormFees 

Institute NameFees
Gitarattan International Business School - GIBS DelhiRs. 3.76 Lakhs
Sri Sri University CuttackRs. 6. 60 Lakhs
Siva Sivani Institute of Management (SSIM) HyderabadRs. 6. 90 Lakhs
Kohinoor Management School MumbaiRs. 7. 00 Lakhs
Durgadevi Saraf Global Business School (DSGS) MumbaiRs. 7. 25 Lakhs
Rajagiri Business School (RBS) KochiRs. 7. 36 Lakhs
Vignana Jyothi Institute of Management (VJIM) HyderabadRs. 7. 60 Lakhs
Chandragupt Institute of Management Patna (CIMP)Rs. 7. 65 Lakhs
Aditya School of Business Management  (ASBM) MumbaiRs. 7. 80 Lakhs
Rajalakshmi School of Business (RSB) ChennaiRs. 7. 82 Lakhs
SCMS Cochin School of Business (SCMS) CochinRs. 7. 95 Lakhs
Institute of Management Studies (IMS) GhaziabadRs. 7.95 Lakhs
Dayananda Sagar University BangaloreRs. 8. 00 Lakhs
Institute of Public Enterprise (IPE) HyderabadRs. 8. 00 Lakhs
Vivekanand Business School (VBS) MumbaiRs. 8. 00 Lakhs
Dayananda Sagar Business SchoolRs. 8. 15 Lakhs
Jaipuria School of Business (JSB) GhaziabadRs. 8. 20 Lakhs
NSB Academy BangaloreRs. 8. 30 Lakhs
Globsyn Business School (GBS) KolkataRs. 8. 35 Lakhs
Jagannath International Management School (JIMS) KalkajiRs. 8.70 Lakhs
SIES College of Management Studies MumbaiRs. 9. 00 Lakhs
AIMS School of Business (AIMS Institutes)Rs. 9. 06 Lakhs
Jaypee Business School (JBS) NoidaRs. 9. 09 Lakhs
IES’s Management College And Research Centre (IES MCRC)MumbaiRs. 9. 12 Lakhs
Delhi School of Business, VIPS - Technical CampusRs. 9. 25 Lakhs

Top 10 MBA Colleges in India with Fee Structure | IIMs with Low Fee for MBA

While it is true that the MBA fees at IIMs are much higher in comparison to other MBA institutions in India, it should be noted that there are other IIMs that provide MBA programs with relatively lower fees. The Indian Institutes of Management (IIMs) located in Ahmedabad, Bangalore, and Calcutta have a tuition cost range of 21 to 25 lakhs. 

However, many other IIMs offer MBA programs for a comparatively lower fee range of 13 to 15 lakhs. The Indian Institutes of Management (IIMs) that provide MBA programs at a reduced cost are also recognized as leading institutions providing MBA programs at a lower tuition structure.

The following are a selection of Indian Institutes of Management (IIMs) that offer Master of Business Administration (MBA) programs for a comparatively lower tuition fee:

IIMs with Low Fee MBA  MBA Fee Structure
IIM AmritsarRs.16,00,000
IIM BodhgayaRs.15,50,000
IIM JammuRs.17,15,000
IIM NagpurRs.13,75,000
IIM RaipurRs.14,36,000
IIM RohtakRs.17,90,000
IIM TiruchirappalliRs.19,50,000
IIM UdaipurRs.21,40,000
IIM SirmaurRs.11,75,000
IIM SambalpurRs.13,03,000
IIM VisakhapatnamRs.17,85,000

Top 10 MBA Colleges in India with Fee Structure | MBA with Low Fee in Bangalore

MBA programs offered by institutions associated with Bangalore University or Visvesvaraya Technical University (VTU) in Bangalore are characterized by their affordable tuition fees.

The city of Bangalore offers a range of MBA programs with affordable tuition fees, which are provided by prestigious institutions that are affiliated with the MBA program of Bangalore University. Visvesvaraya Technical University (VTU) and its associated institutes in Bangalore provide the opportunity to pursue an MBA program at a very affordable cost.

MBA with Low Fee in BangaloreProgramme FeeEntrance Exam Accepted
Bangalore UniversityRs. 70,000 to 100,000PGCET & Other National Exams
Visvesvaraya Technical University (VTU), BangaloreRs. 60,000 to 70,000PGCET & Other National Exam

Nonetheless, there exists a disparity in the pricing framework for Karnataka domicile and All India category individuals who want to pursue the MBA programs provided by Bangalore University or VTU via associated MBA institutions. The MBA institutions in Karnataka provide a significantly reduced cost structure for students who are domiciled in the state, but those from the All India category are subject to higher fees.

Top 10 MBA Colleges in India with Fee Structure | MBA with Low Fee in Delhi NCR 

MBA with Low Fees in Delhi NCR is offered by Delhi University MBA colleges as well as GGSIPU MBA colleges as shared below

MBA with Low Fee in Delhi NCRProgramme FeeEntrance Exam Accepted
FMS Delhi (University of Delhi)Rs. 1,94,000CAT 
DSE Delhi (University of DelhiRs. 32,000CAT 
USMS (GGSIPU Delhi)Rs. 1,92,000CAT 
DoMS-IIT DelhiRs.10,40,000CAT 
SBPPSE (Ambedkar University, Delhi)Rs.3,00,000Own Admission Test & CMAT
Delhi Technical University (Formerly Delhi College of Engg.)Rs.4,25,000CAT & MAT

Top 10 MBA Colleges in India with Fee Structure | MBA with Low Fee in Mumbai

Some of the best MBA institutions connected with Mumbai University/Pune University, such as JBIMS, SIMSREE, and PUMBA, offer MBA programs in Mumbai at a relatively low cost. The process of admission to these Mumbai-based universities that provide MBA programs at a low cost is facilitated by the Centralized Admission Process, which is managed by the Directorate of Technical Education (DTE) Maharashtra. In addition to the Indian Institute of Technology Bombay, the National Institute of Industrial Engineering Mumbai also provides an MBA program at a comparatively affordable cost in the city of Mumbai. Below, we provide a list of famous universities in Mumbai that offer MBA programs at a relatively moderate cost.

MBA with Low Fees in MumbaiMBA with Low Fees in MumbaiEntrance Exam Accepted
Jamna Lal Bajaj Institute of Management studies (JBIMS) MumbaiRs.6,00,000MAH-CET/CAT
SJMSoM-IIT BombayJamna Lal Bajaj Institute of Management Studies (JBIMS) MumbaiCAT
NITIE MumbaiRs.14,65,000CAT
PUMBA, PuneRs.   1,34,000MAH-CET/CAT
SIMSREE, MumbaiRs.   1,36,000MAH-CET/CAT

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