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MBA Colleges in India with Fees Structure 2023
Want to get into the Top MBA Colleges in India but don't know where to look need to look at the MBA Colleges in India with Fees Structures, then you have clicked on the right link as we have put together many Top MBA Colleges in India with Fees Structure 2023, through which you can decide which one is the best for you.
We normally think of the IIMs when we think about top MBA Colleges in India. However, times have changed, and various additional MBA institutions have made it to the list of best MBA colleges in India in 2022. Among the best MBA Colleges in India with Fees Structure are the Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many more.
Other Top MBA Colleges in India with Fees Structure 2023, such as XLRI, ISB, SP Jain, FMS Delhi, and MDI Gurgaon, compete strongly with the IIMs. The average income from these five business schools is about INR 250,000.
When analyzing post-MBA earnings at India's leading business schools, you cannot disregard the expense of an MBA. One of the things you should consider is the return on investment for your MBA.
For the colleges listed in the table of Top MBA Colleges in India with Fees Structure 2023, the average yearly tuition is about INR 11,00,000. However, in addition to your tuition price, there are extra fees to consider, such as the cost of living during your MBA, the cost of your dormitory, and the cost of your food plan.
If you wish to enroll in an MBA program, you have many possibilities. However, the amount of information available online regarding the finest business schools in India may be overwhelming and perplexing. As a result, a list of the Top MBA Colleges in India with Fees Structure 2023 has been compiled for you.
Top MBA Colleges in India | Top MBA Colleges in India with Fees Structure 2023
The best MBA colleges in India with the total tuition fee and annual average package are tabulated below:
| College Name | MBA Colleges in India with Fees Structure |
|---|---|
| Indian Institute of Management, (IIM) Ahmedabad | INR 24.61 lakh |
| Indian Institute of Management, (IIM) Bangalore | INR 24.50 lakh |
| Indian Institute of Technology, (IIT) Delhi | INR 10.40 lakh |
| Indian Institute of Management, (IIM) Kozhikode | INR 20.50 lakh |
| Indian Institute of Management, (IIM) Lucknow | INR 12.60 lakh |
| XLRI | INR 27.40 lakh |
| National Institute of Industrial Engineering, (NITIE) Mumbai | INR 11.33 lakh |
| Indian Institute of Technology, (IIT) Madras | INR 9.14 lakh |
List of Top Private and Government MBA Colleges in India
About 71 colleges are private and 46 colleges are owned by the public/government. Here is a separate list of top private and public MBA colleges in India.
List of Top Private MBA Colleges in India
Here is a list of top private MBA colleges in India along with their total tuition fee:
| College Name | Total Tuition Fee/Seat Intake |
|---|---|
| XLRI | INR 24.20 lakh seats: 300 |
| Management Development Institute (MDI) | INR 20.42 lakh seats: 720 |
| Symbiosis Institute of Business Management, (SIBM) Pune | INR 27.40 lakh seats: 1500 |
| S.P. Jain Institute of Management and Research (SPJIMR) | INR 20.42 lakhSeats: 720 |
List of Top Government MBA Colleges in India
Here is a list of top public/government MBA colleges in India along with their total course fee:
| College Name | Total Tuition Fee/Seat Intake |
|---|---|
| Indian Institute of Management, (IIM) Ahmedabad | INR 24.50 lakh seats: 635 |
| INR 24.61 lakh seats: 50 | INR 10.40 lakh seats: 91 |
| Indian Institute of Technology, (IIT) Delhi | INR 10.40 lakhSeats: 91 |
| Indian Institute of Management, (IIM) Kozhikode | INR 20.50 lakh |
Top 10 MBA Colleges in India with Fees Structure 2022
When it comes to Top MBA Colleges in India, then IIM Calcutta, IIM Ahmedabad, IIM Bangalore, and so on is the Best MBA Colleges in India according to NIRF Ranking, and other B-School surveys such as The Times and India Today. In this article, you can see the Top 10 MBA Colleges in India with Fees 2022 which may range from INR 50,000 to 30 Lakhs per year.
The best MBA colleges in India provide Online MBA, Regular MBA, and Distance MBA programs. There are more than 4736 top MBA colleges in India, with 710 being government MBA colleges in India and 3969 being the best private MBA colleges in India. The best MBA College in India is IIM Ahmedabad, which is ranked first by various ranking agencies. According to the NIRF rankings 2021, IMI New Delhi, DMS IIT Delhi, and JMI Delhi are among the best MBA colleges in Delhi. The latest Financial Times Masters in Management (MiM) Rankings 2021 place IIM Ahmedabad, IIM Bangalore, and SPJIMR among the world’s top 50 institutes. IIM Ahmedabad is ranked 26th, SPJIMR is ranked 39th, and IIM Bangalore is ranked 47th.
MBA admissions into India's top MBA colleges are granted based on performance in MBA entrance exams such as the CAT, GMAT, SNAP, GRE, XAT, MAT, and others, followed by a GD/ PI round. The top MBA colleges in India without entrance exams are OP Jindal Global University (Sonepat) Amity University (Noida), and SOIL Gurgaon.
The top MBA colleges in India with low fees include Ranchi University, University of Allahabad, University of Rajasthan, and many others.
The best MBA colleges in India provide lucrative placement packages with a high return on investment. The average CTC ranged between INR 7-15 LPA, with IIM Ahmedabad offering the highest CTC of INR 1.32 CPA.
Highlights: Top MBA Colleges in India
| Parameters | Particulars/ Statistics |
|---|---|
| No. of MBA Colleges in India | 5,000 (Approximately) |
| Fees | -Annual fee < Rs 10 lakh: 6% - Annual fee >Rs 10 lakh: 94% |
| Top Specialisations | General Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR, and Travel & Tourism |
| Admission Process | Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP |
| Top MBA Colleges in India | IIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc. |
Top 10 MBA colleges in India with fee structure 2022
The top MBA colleges in India for MBA courses with annual fees ranging from INR 50,000 to INR 30 Lakhs. The average MBA fees in India’s top IIMs and top private MBA colleges range between INR 20 and 23 lakhs per year. The top 10 MBA colleges in India with fee structures are listed below:
| College Names | MBA Fees |
|---|---|
| IIM Ahmedabad | INR 23,00,000 |
| IIM Lucknow | INR 20,10,000 |
| IIM Indore | INR 17,01,422 |
| IIM Udaipur | INR 21,00,000 |
| IIM Ranchi | INR 17,60,000 |
| IIT Bombay | INR 1,00,000 |
| IIT Madras | INR 4,10,000 |
| IIT Kharagpur | INR 1,64,558 |
| IIT Delhi | INR 10,24,000 |
| IIT Roorkee | INR 4,28,000 |
Top 50 MBA Colleges in India 2022
We have ranked the top MBA colleges in India based on the post-MBA salary based on the most recent NIRF ranking in 2021. The Indian Institutes of Management (IIM), ISB, MDI, IIT, SPJIMR, FMS Delhi University, XLRI , IMT, and many more are among the top MBA colleges in India. Here is the table of the Top 50 MBA Colleges in India.
| Sr.no | NIRF 2021 Ranking | Top MBA Colleges in India | Location | Program | Average/Mean/Median Salary (INR) |
|---|---|---|---|---|---|
| 1 | 2 | IIM Bangalore | Bangalore | PGP | 28,96,000 |
| 2 | 3 | IIM Bangalore | Kolkata | PGP | 27,00,000 |
| 3 | NA | Indian School of Business (ISB) | Hyderabad | PGP | 28,29,000 |
| 4 | 7 | IIM Lucknow | Lucknow | PGP | 26,00,000 |
| 5 | NA | FMS Delhi | Delhi | MBA | 26,00,000 |
| 6 | 19 | SPJIMR Mumbai | Mumbai | PGDM | 25,00,000 |
| 7 | 8 | XLRI Xavier School of Management | Jamshedpur | PGDM (Business Management) | 24,30,000 |
| 8 | 6 | IIM Indore | Indore | PGP | 23,60,000 |
| 9 | 11 | MDI Gurgoan – Management Development Institute | Gurugram | PGDM | 22,00,000 |
| 10 | 1 | IIM Ahmedabad | Ahmedabad | PGP | 22,82,000 |
Best MBA colleges in India with Low Fees
MBA fees at top MBA colleges in India are typically high, which is why the majority of students are unable to pursue MBA courses at the top-ranked and best MBA colleges in India. However, there are some MBA colleges in India that offer MBA courses at reasonable prices. Check out the table below for a list of the Best MBA colleges in India with low fees:
| College Names | Total MBA Fees(INR) |
|---|---|
| University of Allahabad, Allahabad | 24,48,00 |
| Ranchi University, Ranchi | 4,700 |
| National Institute of Rural Development and Panchayati Raj, Hyderabad | 2,90,000 |
| St. Michael’s College, Cherthala | 9,46,000 |
| University of Rajasthan | 8,770 |
| Bhartiya Shiksha Parishad, Lucknow | 34,50,000 |
| Indira Gandhi National Tribal University, Anuppur | 10,500 |
| PSG College of Arts and Science, Coimbatore | 14,000 |
| Central Agricultural University, Imphal | 5,96,000 |
| Visvesvaraya Technological University, Belgaum | 11,79,200 |
Best Private Colleges in India 2022
There are approximately 3969 recognized Best private MBA colleges in India. The best private MBA colleges in India offer high-quality education, infrastructure, facilities, and job placement opportunities. Check out the table below for a list of some of the best private MBA colleges in India 2022, along with their fee structures:
| College/ University Name | Average MBA Fees |
|---|---|
| Xavier Labour Relations Institute (XLRI), Jamshedpur | INR 26,80,000 |
| Management Development Institute, Gurugram | 18,86,000 |
| Symbiosis Institute of Business Management (SIBM), Pune | INR 21,52,000 |
| Narsee Monjee Mumbai | INR 6,44,000 |
| ISB Hyderabad | INR 36,30,000 |
| S. P. Jain Institute of Management & Research, Mumbai | INR 21,52,000 |
| Great Lakes Institute of Management, Chennai | INR 19,25,000 |
| Symbiosis Center for Management and Human Resource Development, Pune | INR 19,20,000 |
| ICFAI Foundation for Higher Education, Hyderabad | INR 16,02,000 |
| Kalinga Institute of Industrial Technology - KIIT, Bhubaneswar | INR 11,20,000 |
Top MBA colleges in India placement wise
India is home to some of the top MBA colleges in the world, which are well known for their high placement rates. The Top IIMs MBA Colleges in India receive the majority of the highest MBA placements. The top MBA colleges in India provide an average placement package of INR 12-25 LPA. This year, IIM Ahmedabad received 114 placement offers and had the highest MBA placement package at INR 1.32 CPA.
NMIMS Mumbai has 540 MBA seats available. This year, the campus saw more than 180 recruiters. Other than IIM, the top MBA colleges in India are FMS Delhi and MDI Gurgaon, which offer the best MBA placement packages. In India, the average salary after completing MBA courses ranges from INR 6-9 Lakhs. Here is the list of Top MBA colleges in India placement wise along with the highest packages:
| College Name | MBA Highest Package |
|---|---|
| IIM Ahmedabad | INR 1.32 crore |
| IIM Calcutta | INR 80 lakh |
| IIM Lucknow | INR 54 lakh |
| IIM Indore | INR 50 lakh |
| IIM Kozhikode | INR 58 lakh |
| IIM Udaipur | INR 40 lakh |
| IIM Rohtak | INR 24 lakh |
| IIM Trichy | INR 25 lakh |
| IIT Delhi | INR 33 lakh |
| IIT Bombay | INR 32.8 lakh |
Top MBA Recruiters in India
Here is the list of Top MBA Recruiters in India which is given below:
| UBS | Bharti Airtel |
|---|---|
| Hindustan Unilever | Barclays Capital |
| Bank of America | L’Oreal Paris |
| National Stock Exchange | Reserve Bank of India |
| Kotak Mahindra Group | Godrej |
| Bajaj Auto | Boston Consulting Group |
| Bloomberg | IBM |
| PricewaterhouseCoopers | Deloitte |
| Deutsche Bank | Citigroup |
| MCKinsey & Company | JP Morgan |
| American Express | Reckitt Benckiser |
Frequently Asked Questions about Top 10 MBA Colleges in India with Fees Structure
Q. Which university is best for MBA with low fees?
Ans. MBA fees at top MBA colleges in India are typically high, which is why the majority of students are unable to pursue MBA courses at the top-ranked and best MBA colleges in India. However, there are some MBA colleges in India that offer MBA courses at reasonable prices. Check out the table below for a list of the Best MBA colleges in India with low fees:
| College Names | Total MBA Fees(INR) |
|---|---|
| University of Allahabad, Allahabad | 24,48,00 |
| Ranchi University, Ranchi | 4,700 |
| National Institute of Rural Development and Panchayati Raj, Hyderabad | 2,90,000 |
| St. Michael’s College, Cherthala | 9,46,000 |
| University of Rajasthan | 8,770 |
| Bhartiya Shiksha Parishad, Lucknow | 34,50,000 |
| Indira Gandhi National Tribal University, Anuppur | 10,500 |
| PSG College of Arts and Science, Coimbatore | 14,000 |
| Central Agricultural University, Imphal | 5,96,000 |
| Visvesvaraya Technological University, Belgaum | 11,79,200 |
Q. What are the average fees for MBA in India?
Ans. The top MBA colleges in India for MBA courses with annual fees ranging from INR 50,000 to INR 30 Lakhs. The average MBA fees in India’s top IIMs and top private MBA colleges range between INR 20 and 23 lakhs per year.
Q. Which is the No 1 MBA college in India?
Ans. IIM Ahmedabad tops the list of India’s top MBA colleges, followed by IIM Bangalore, IIM Kolkata, and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the three mentioned above, as well as IIM Kozhikode, IITs such as IIT Delhi, and XLRI MDI Gurgaon, to name a few.
Q. Can I do MBA for free in India?
Ans. UGlobal is one of the platforms in India that provides free business education certification courses. These free certification programs include Certificate Courses in Management, Marketing Management, Business Strategy, and Entrepreneurship.
Q. Which college has the best placement for MBA in India?
Ans. According to placement for MBA in India, IIM Ahmedabad is the best.
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