Top 10 MBA Colleges in India with Fees Structure 2022

When it comes to Top MBA Colleges in India, then IIM Calcutta, IIM Ahmadabad, IIM Bangalore and so on is the Best MBA Colleges in India according to NIRF Ranking, and others B-School survey such as The times and India Today.
Top 10 MBA Colleges in India with Fees Structure 2022

When it comes to Top MBA Colleges in India, then IIM Calcutta, IIM Ahmadabad, IIM Bangalore, and so on is the Best MBA Colleges in India according to NIRF Ranking, and another B-School survey such as The Times and India Today. In this article, you can see the Top 10 MBA Colleges in India with Fees in 2022 which may range between   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 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

ParametersParticulars/ Statistics
No. of MBA Colleges in India5,000 (Approximately)
Fees-Annual fee < Rs 10 lakh: 6% – Annual fee >Rs 10 lakh: 94%
Top SpecialisationsGeneral Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism
Admission ProcessEntrance-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 NamesMBA Fees
IIM AhmedabadINR 23,00,000
IIM LucknowINR 20,10,000
IIM IndoreINR 17,01,422
IIM UdaipurINR 21,00,000
IIM RanchiINR 17,60,000
IIT BombayINR 1,00,000
IIT MadrasINR 4,10,000
IIT KharagpurINR 1,64,558
IIT DelhiINR 10,24,000
IIT RoorkeeINR 4,28,000

MBA Colleges in India with Good Placement and Low Fees

1. Faculty of Management Studies, Delhi – Current tuition fee is Rs 20,960

The price for a two-year full-time MBA program in FMS is governed by Delhi University, which was founded in 1954. (DU). This is one of the MBA institutions with fees under 5 lakhs. For the past two years, the price structure has been consistent at roughly Rs.10,000 each year, with the whole cost including meals and lodging not surpassing Rs.1 lakh. In 2019, FMS Delhi had an average income of Rs. 20.96 LPA and ranked first among the cheapest B-schools in India with a strong Return on Investment. FMS is one of the top MBA institutions in India with inexpensive tuition.

For admission to its MBA program, FMS considers CAT scores, with a cutoff of roughly 98.00+ percentile. Top recruiters at this Red Building of Dreams include EY Consulting, Accenture Strategy, Star India, ITC, IBM, Goldman Sachs, HSBC, ICICI Bank, RBL Bank, and Reliance, among others. The institute is part of one of the world’s greatest universities, the University of Delhi, which has some of the best teachers. FMS is regarded as one of the top MBA institutions in India with inexpensive tuition. FMS now offers a part-time MBA program for students with prior job experience.

2. Department of Financial Studies (DFS), Delhi University (DU) – Current Fee Rs. 26,000

DFS provides two full-year MBA programs: MBA in Financial Management and MBA in Business Economics, with 32 and 82 seats available. In DFS, the selection is based on the CAT score. In 2019, the average placement salary was Rs. 9.2 LPA. Axis Bank, ICICI Bank, and American Express are among the top recruiters for DFS positions..

3. Delhi School of Economics (DSE), Delhi University (DU) – Current Fee Rs. 36,000

DSE provides Masters of Business Administration (MBA) in International Business (IB) and Human Resource Development (HRD) in a Full-Time Two-Year Course for as little as Rs.18,000 a year. For admission into 146 seats, it accepts CAT scores. Each program has 75 seats (62+13) for MBA(IB) and MBA(HRD). For the 2019 cohort, the average placement for MBA programs was Rs.13 to 14 LPA.

4. Tata Institute of Social Sciences (TISS), Mumbai – Current fees are Rs. 1 Lakh

The Human Resources Management program at TISS Mumbai is well-known. Placements of up to Rs. 20.06 LPA average pay, location, fair course, and so on, result in hundreds of polished students every year. The TISSNET score is used to determine admission. The total cost of an MBA at TISS is around Rs. 2.38 lakh, which includes room and board.

5. Department of Management Sciences (PUMBA), Pune University – Current fee Rs 1.3 lakh

For candidates from outside Maharashtra, the Pune University Department of Management Sciences (PUMBA) charges a slightly higher price (OMS). The price for Maharashtra applicants is Rs.66,194 for one year (2018-19 session), whereas the fee for All India candidates for the flagship two-year MBA is Rs.66,694. Reserved applicants, such as SC/ST/OBC, pay Rs. 32,500 per year. The PUMBA qualifying test is also structured differently. For Maharashtra aspirants, the MAH CET test must be passed. Students from outside Maharashtra (OMS) can apply using the CAT/MAT/ATMA/XAT/MAH CET.

PUMBA, founded in 1971, is one of India’s earliest management institutes and a pioneer in its own right. The National Research Council just awarded the university the highest grade.

The National Council of Assessment and Accreditation just awarded the university the highest grade (Bangalore). The University is also designated as a University of Potential Excellence by the University Grants Commission (UGC). In 2019, the average placement salary was Rs. 7.06 LPA.

6. KJ Somaiya Institute of Management Studies and Research, Mumbai – 12,35,850- Tuition Fees for PGDM Programme

The two-year MMS program is fairly affordable, costing only Rs.2.04 lakh. However, the Full-time MBA flagship program at SIMSR, Mumbai is more expensive, costing roughly Rs.11 lakh. K J Somaiya has continuously been placed among India’s top 25 management institutes and top ten private sector B-schools. All programs at K J Somaiya have been authorized by AICTE, MHRD, the Government of India, and the University of Mumbai. The program has 121 places available, with half of them earmarked for Gujarati Linguistic Minority. The two-year full-time program with autonomy is divided into six trimesters. The average income at Placement 2019 was Rs. 10.05 LPA, with the maximum compensation being Rs.24 LPA. 

Below is a list of top MBA colleges in India with low fees but with a slightly higher fee to help students in arranging for the MBA Programme.

Top B-Schools with Fee below Rs. 10 lakh

S. No.CollegeScores AcceptedFlagship Program NameCourse/Tuition Fee (in Rs.)Average Salary Package (in Rs. Lakh Per Annum)
1Jamnalal Bajaj Institute of Management Studies, (JBIMS) MumbaiCAT/ XAT/ MAH CET/CMATFull-time Masters in Management Studies (MMS)3 lakh18.91
2NITIE, MumbaiCATPGDIM/PGDISEM, Fellowship Program, PGDIE, PGDMM, and PGDPM.7 lakh19.77
3DMS, IIT DelhiCATFull-Time MBA8 lakh16.54
4DMS, IIT RoorkeeCAT2 years PGDM8.24 lakh9.18
5Shailesh J. Mehta School of Management, IIT BombayCAT2 Years Full-Time MBA/ MMS8.15 lakh25.8

1. Jamuna Lal Bajaj Institute of Management Studies (JBIMS), Mumbai – Current fee is Rs 6 lakh

In 2019, JBIMS abruptly changed its pricing structure. The new costs for the flagship MMS program would be Rs 3 lakh per annum beginning in 2019-20, up from Rs.1.02 lakh before. The fee for NRI students will be double that of the General category, i.e. Rs 12 lakh for the Two-Year MMS Flagship.

Despite a 300 percent price increase, the fee for the flagship MMS 2019-21 will be comparable to other top B-schools. JBIMS, Mumbai, has maintained its annual admission of 120 students and accepts MAH-CET, CAT, and now CMAT marks. Surprisingly, the core faculty only has eight regular members on its roster.

In 2019, the average compensation at JBIMS was Rs. 18.91 LPA, with the highest income being Rs 30 LPA. Accenture, McKinsey, Goldman Sachs, JP Morgan, ICICI Bank, Hindustan Unilever, and P&G are among the top recruiting firms at JBIMS.

2. National Institute of Industrial Engineering, or NITIE, Mumbai – Current fee Rs.7 lakh

This government-sponsored university costs Rs. 7 lakh for two-year postgraduate programs in three specializations: industrial management, information technology management, and safety and environmental management. Students are admitted based on their performance on the Common Admission Test, or CAT. The selection approach is based on a 98 percentile or above the cutoff, followed by a group discussion and a personal interview. NITIE, on the other hand, solely accepts graduate engineers into its MBA programs.

NITIE also provides one of the finest returns on investment, with the placement packages far outweighing the meager costs. In 2019, the school accepted 174 of the over 10,000 applicants, giving it a 1.7 percent acceptance rate. Among the top employers of NITIE alumni are Deloitte, Amazon, Coca-Cola, Flipkart, Nestle, Mars, and Marico.

The average placement salary recorded in 2019 was Rs. 19.77 LPA.

3. Department of Management Studies (DMS) at IIT Delhi, Delhi – Current fees Rs. 8 lakh

MBA programs at IIT Delhi are equivalent to the top MBA programs available at world-class business institutions. A full-time two-year MBA/PGDM costs Rs.8 lakh. The CAT score is used to determine admission. The Department of Management at IIT Delhi was founded in 1997 and covers an area of 320 acres, including 13 dormitories. DMS IIT Delhi is recognized by the UGC, AICTE, and NBA. For the 2017-19 batch, the average placement compensation increased to Rs 16.54 LPA. American Express, Citi Bank, JP Morgan Chase, ICICI Bank, P&G, Johnson & Johnson, Infosys, ONGC, and others were among the top recruiters.

4. Department of Management Studies, IIT Roorkee – Current fee Rs 8.24 lakh

DMS provides MBA specializations in Finance, Human Resource Management, Information Technology, Marketing, and Operations Management at IIT Roorkee. It is accredited by the AIC, AICTE, and NAAC. IIT Roorkee’s DMS accepts CAT scores for admission to its two-year flagship PGDM program. It is considered a public, independent institute. This signifies that the course provided by this institution is predominantly PGDM, and the course content is determined by the college itself within the regulatory authority’s standards. In 2019, the average wage package received by students during placements was Rs. 9.18 LPA. Top recruiters include P&G, Deloitte, EY, Cognizant, and McKinsey.

5. Shailesh J. Mehta School of Management (SJMSoM), IIT Bombay – Current fee Rs 8.30 lakh

IIT Bombay’s SJMSOM provides a full-time flagship Master of Management degree at Rs. 8.15 lakh. The CAT score is used to determine admission. The hostel costs are an extra Rs.20,000. In 2019, the average placement compensation at SJMSOM was Rs. 25.18 LPA, with top recruiters including Axis Bank, Accenture, Bisleri, Goldman Sachs, ICICI, Nestle, PwC, and many more.

Aside from these Central and private MBA institutions, there are other State colleges that provide low-cost Management programs. Here is a list of state colleges that offer MBA programs at reasonable prices.

Top University B-schools offering affordable MBA

S. No.CollegeScores AcceptedFlagship Program NameCourse/Tuition Fee (in Rs.)Average Salary Package (in Ra. Lakh per Annum)
1Institute of Management, BHU, VaranasiCATMBA, specialization in Agri-Business and International Business also offered98,888/-6 to 7
2Indian Institute of Social Welfare and Business Management (IISWBM), KolkataCAT/MATMBA3.65 lakh4.5
3Institute of Business Management, Jadavpur UniversityCAT/MAT/XAT/ATMA/JEMATMBA3.1 lakh10
4Pune Institute of Business Management, PuneJEMAT/MATMBA7.95 lakh7
5Indian Institute of Forest Management (IIFM), BhopalCAT / XATMBA in Forest Management6.24 lakh6.97

1. Institute of Management, Banaras Hindu University, Varanasi – Current fee Rs 98,888

IMS BHU offers a two-year Full-Time MBA, an MBA in Agri-Business, and an MBA in International Business for as little as Rs. 98,888. The Agri-Business charge is much cheaper — Rs. 61,534. A valid CAT score is necessary for admission to IMS BHU, followed by the institute’s own selection methods. Shortlisted candidates for admission to IMS BHU are invited to a group discussion depending on their CAT Entrance percentile. The B-school has 42 seats in total. Among the top recruiters are Adani Group, Amazon, Bandhan Bank, Berger Paints, Bosch Ltd, Coffee Day Group, ICICI Prudential, Infosys, State Bank of India, TCS, and Wipro. In 2019, the average wage package was Rs. 6 to 7 LPA.

2. Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata – Current fee Rs 6 lakh

It was the first institute in India to provide an MBA degree, having been founded in 1953. AICTE has accredited IISWBM’s full-time two-year MBA program. Admission to IISWBM is determined by CAT / MAT scores. As of 2019, the average placement compensation is Rs. 4.5 LPA, with prominent recruiters including Adani Group, Airtel, Axis Bank, CITI Bank, Hindustan Unilever, HSBC, IBM, Infosys, ITC, KPMG, Novartis, PwC, TCS, Vodafone, and Wipro.

3. Institute of Business Management, Jadavpur University – Current fee Rs 3.1 lakh

The Jadavpur University-affiliated Institute of Business Management was founded on March 11, 1905, by the century-old National Council of Education, Bengal. For MBA admission, the institute considers CAT/MAT/XAT/ATMA/WBJEMAT results, followed by GD-PI or JEMAT scores (through counseling). The current two-year course price is Rs. 3,10,025. Airtel, Bisleri, Capgemini, KPMG, PwC, Titan, and many more major corporations are among the main companies that attend placement sessions at IBM, Jadavpur University.

4. Pune Institute of Business Management – Current fee is Rs 4.5 lakh

Pune Institute of Business Management is a famous management education institute in Pune. The two-year AICTE-approved MBA program offered here costs Rs. 4.5 lakh and is associated with Savitribai Phule Pune University in Pune. Admission to PIBM Pune is through counseling based on the rank earned in the CAT/MAT/XAT/CMAT/ATMA/GMAT/Aptitude PIBM Test. A good number of firms visit the PIBM Pune campus for campus placement, including Amazon, Cognizant, Genpact, Globe Op, IBM, Indian Oil Corporation Ltd (IOCL), Infosys, Mahindra & Mahindra, NTPC, Wipro, Accenture, TCS, and others. The course has a total of 120 spots available. The typical placement salary in this city is roughly Rs. 6 LPA.

5. Indian Institute of Forest Management (IIFM), Bhopal – Current fee is Rs 4.80 lakh

The annual cost of a Graduate Certificate in Forest Management from IIFM, Bhopal is Rs. 2.4 lakh. Admission is based on CAT/XAT scores. At Rs. 18,000 per year, the hostel price is also pretty reasonable. IIFM Bhopal offers 120 places available for the MFM program, with 57 reserved for the general category and the remaining for SC/ST students. Axis Bank, BAIF Development Research Foundation Pune, BILT, CARE, Crompton Greaves, Dr. Reddys LaboratoriesLtd, Ernst & Young, WWF, Yes Bank, and many more prestigious firms use IIFM graduates, with the average pay in this B-school being Rs. 6.97 lakh.

MBA Colleges Fees Less than 1 lakh

  • FMS New Delhi: Faculty of Management Studies
  • Delhi School of Economics (DSE)-Delhi University
  • University School of Management Studies (USMS) – Guru Gobind Singh Indraprastha University

Top MBA Colleges in India with Fees

This is an important factor that plays a role in the choice of students during admissions. Many students check the top MBA colleges in India with fees to understand and prepare for admissions. The details of the top MBA colleges in India both private and public are given below.

Top Private MBA colleges with Fee

S. NoName of the college Total Course Fee 
1XLRI Xavier College of Management, Jamshedpur Rs 25.80 lakhs
2MDI Gurgaon Rs 18.51 lakhs 
3SPJIMR, MumbaiRs 19 lakhs
4Great Lakes, ChennaiRs 15.86 lakhs
5TAPMI ManipalRs 16 lakhs

Top Public MBA Colleges with Fee

S. NoName of the college Course fee to be paid 
1Indian Institute of Management, AhmedabadRs 23 lakhs
2Indian Institute of Management, Bangalore Rs 23 lakhs
3Indian Institute of Management, Calcutta Rs 23 lakhs
4Indian Institute of Management, Lucknow Rs 19 lakhs
5Faculty of Management Studies University of DelhiRs 20.96 lakhs

Top MBA Colleges in India – Cutoff 

Most aspirants search for the cutoff for top MBA colleges such that they can prepare and aim for the same. Most of the top MBA colleges in India accept CAT percentile scores for their MBA admissions. MBA aspirants generally aim for the IIMs and then other top MBA colleges in India. A list of the CAT cutoff for the top MBA colleges in India is given below.

Top IIMS with Cutoff (Expected)

Name of the IIM College Expected CAT Cut-Off in Percentile 
IIM Ahmedabad100-99 
IIM Bangalore 100-99 
IIM Calcutta 99
IIM Lucknow 97-98 
IIM Indore 97-98 
IIM Kozhikode 97-98 
IIM Amritsar 95-96 
IIM Nagpur95-96 
IIM Sambalpur 95-96 
IIM Tiruchirappalli 94-95 
IIM Raipur 94-95 
IIM Ranchi94-95 
IIM Kashipur94-95 
IIM Vizag92-94 
IIM Udaipur 92-94 
IIM Bodhgaya92-94 
IIM Shillong 90
IIM Sirmaur 90

CAT Cutoff for Top MBA Colleges Other than IIMs

List of B-schoolsExpected CAT Cutoff
Faculty of Management Studies, University of Delhi 98.20 Percentile
DMS, IIT Delhi98+ Percentile
Loyola Institute of Business Administration (LIBA) Chennai90+ Percentile
SJMSOM, IIT Bombay99+ Percentile
Institute of Management Technology (IMT) Ghaziabad90+ Percentile
Management Development Institute (MDI) Gurgaon95+ Percentile
NITIE Mumbai95+ Percentile
SP Jain Institute of Management and Research (SPJIMR) Mumbai85+ Percentile
Xavier Institute of Management Bhubaneswar (XIMB)90+ Percentile
Department of Management Studies, IIT Madras95+ Percentile
T A Pai Management Institute (TAPMI) Manipal85+ Percentile

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.noNIRF 2021 RankingTop MBA Colleges in IndiaLocationProgram Average/Mean/Median Salary (INR)Tuition Fees(Domestic)
INR
Accepted Exam
12IIM BangaloreBangalorePGP28,96,00023,00,000CAT/GMAT
23IIM CalcuttaKolkataPGP27,00,00024,00,000CAT/GMAT
3NAIndian School of Business (ISB)HyderabadPGP28,29,00033,05,120GMAT/GRE
47IIM LucknowLucknowPGP26,00,00019,25,000CAT/GMAT
5NAFMS DelhiDelhiMBA26,00,0001,92,000GMAT/CAT
619SPJIMR MumbaiMumbaiPGDM25,00,00019,00,000GMAT/CAT/XAT
78XLRI Xavier School of ManagementJamshedpurPGDM (Business Management)24,30,00025,80,000XAT/GMAT/CAT
86IIM IndoreIndorePGP23,60,00016,20,000CAT/GMAT
911MDI Gurgoan – Management Development InstituteGurugramPGDM22,00,00021,34,000CAT/GMAT
101IIM AhmedabadAhmedabadPGP22,82,00023,00,000CAT/GMAT
1112National Institute of Industrial EngineeringMumbaiPGDM 22,80,00014,63,000CAT
1210IIT Bombay – Shailesh J Mehta School of Management MumbaiMumbaiMBA21,96,0009,06,400CAT
1325Indian Institute of Foreign Trade (IIFT Delhi)DelhiMBA in International Business21,08,0008,85,000IIFT/ GMAT
144IIM KozhikodeKozhikodePGP20,00,00020,00,000CAT/GMAT
1520Symbiosis Institute of Business ManagementPuneSIBM19,56,00021,27,950SNAP
1623IIM ShillongShilongPGP18,76,00014,60,000CAT/GMAT
175DMS IIT DelhiNew DelhiMBA18,50,0008,00,000CAT
189IIT KharagpurKharagpurMBA18,44,00011,59,760CAT/GMAT
1916IIT KanpurKanpurMBA16,86,00010,97,600CAT
2015IIM RaipurRaipurPGP15,11,00014,20,400CAT
2121IIM RanchiRanchiPGDM15,11,00015,00,000CAT
2222Pravin Dalal School of Entrepreneurship and Family business Management (NMIMS)MumbaiMBA15,00,00020,87,000NMAT/GRE/GMAT
2317IIM TrichyTrichyPGP14,85,00016,50,000CAT
2433IIM KashipurKashipurMBA14,05,00014,75,000CAT
2528IIM RohtakRohtakPGP13,74,00016,10,000CAT/ GMAT
2624Great Lakes Institute of ManagementChennaiPGDM13,63,00017,15,000CAT/GMAT/XAT/CMAT
2726IMI Delhi – International Management InstituteNew DelhiPGDM13,28,00018,34,900CAT/GMAT
2818IIM UdaipurUdaipurMBA13,00,00015,96,200CAT
2913DoMS IIT MadrasChennaiMBA12,77,5008,00,000CAT
3067IIM Amritsar AmritsarMBA12,67,94713,20,000CAT
3138IMT GhaziabadGhaziabadPGDM12,42,00019,53,000CAT/GMAT/XAT
3232TAPMI Manipal – T A Pai Management InstituteManipalPGDM11,50,00015,00,000CAT/XAT/GMAT
3335GIM – Goa Institute of ManagementGoaPGDM10,71,00018,07,000CAT/XAT/GMAT/CMAT
3414IIT Roorkee – Indian Institute of TechnologyRoorkeeMBA10,58,0009,31,500CAT
3561IIM Sambalpur – Indian Institute of ManagementSambalpurPGP10,50,00013,03,000CAT
3655IRMA – Institute of Rural Management AnandAnandPGDRM10,35,00014,00,000CAT/XAT/IRMASAT
3743FORE School of ManagementNew DelhiPGDM10,30,00015,98,000CAT/XAT/GMAT
3876 -100IIM Jammu – Indian Institute of ManagementJammuMBA10,00,00012,33,000CAT
3976 -100IIM Sirmaur – Indian Institute of ManagementSirmourMBA9,60,00015,75,000CAT
4050IFMR Graduate school of Business KREA University (IFMR GSB)Andhra PradeshMBA9,50,00013,86,000NMAT/CAT/XAT/CMAT/GMAT
4140IIM NagpurNagpurPGP9,49,39813,75,000CAT
4272Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning CenterMumbaiPGDM9,19,0005,50,000CAT/MAT/XAT/CMAT/ATMA
4359Jaipuria Institute of ManagementJaipurPGDM8,75,00010,45,000CAT/ MAT/ XAT/ CMAT/ GMAT
4465LIBA – Loyola Institute of Business AdministrationChennaiPGDM8,75,00015,59,000CAT/XAT
4576 -100Institute of Management Nirma UniversityAhmedabadMBA8,75,00010,04,000CAT
4676 -100LBSIM – Lal Bahadur Shastri Institute of ManagementDelhiPGDM8,70,00011,67,000GMAT/CAT
4741BML Munjal UniversityGurgaonMBA8,68,00011,00,000CAT/MAT/XAT
4862IMI Bhubaneswar – International Management InstituteBhubaneswarMBA8,25,00012,47,000XAT/ GMAT/ CAT/ CMAT
4952IMI Kolkata – International Management InstitutionKolkataPGDM8,05,00013,00,000CAT/XAT/GMAT
5044BIMTECH – Birla Institute of Management TechnologyGreat NoidaPGDM8,03,00012,00,000CAT/XAT/GMAT

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 NamesTotal MBA Fees(INR)
University of Allahabad, Allahabad24,48,00
Ranchi University, Ranchi4,700
National Institute of Rural Development and Panchayati Raj, Hyderabad2,90,000
St. Michael’s College, Cherthala9,46,000
University of Rajasthan8,770
Bhartiya Shiksha Parishad, Lucknow34,50,000
Indira Gandhi National Tribal University, Anuppur10,500
PSG College of Arts and Science, Coimbatore14,000
Central Agricultural University, Imphal5,96,000
Visvesvaraya Technological University, Belgaum11,79,200
Department of Business Management, University of Calcutta16,508
Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur11,252
Bharathiar University, Coimbatore38,560

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 India2022, along with their fee structures:

College/ University NameAverage MBA Fees
Xavier Labour Relations Institute (XLRI), JamshedpurINR 26,80,000
Management Development Institute, Gurugram18,86,000
Symbiosis Institute of Business Management (SIBM), PuneINR 21,52,000
Narsee Monjee MumbaiINR 6,44,000
ISB HyderabadINR 36,30,000
S. P. Jain Institute of Management & Research, MumbaiINR 21,52,000
Great Lakes Institute of Management, ChennaiINR 19,25,000
Symbiosis Center for Management and Human Resource Development, PuneINR 19,20,000
ICFAI Foundation for Higher Education, HyderabadINR 16,02,000
Kalinga Institute of Industrial Technology – KIIT, BhubaneswarINR 11,20,000
Prin LN Welingkar Institute of Management Development and Research (WESCHOOL), MumbaiINR 13,00,000

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 IIM 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 NameMBA Highest Package
IIM AhmedabadINR 1.32 crore
IIM CalcuttaINR 80 lakh
IIM LucknowINR 54 lakh
IIM IndoreINR 50 lakh
IIM KozhikodeINR 58 lakh
IIM UdaipurINR 40 lakh
IIM RohtakINR 24 lakh
IIM TrichyINR 25 lakh
IIT DelhiINR 33 lakh
IIT BombayINR 32.8 lakh
IIT RoorkeeINR 14.5 lakh
IIT MadrasINR 29.02 lakh
IIT KharagpurINR 29 lakh
NIT TrichyINR 42 lakh
SP Jain MumbaiINR 51 lakh
Narsee Monjee MumbaiINR 58.61 lakh
MDI GurgaonINR 40.5 lakh
Great Lakes ChennaiINR 28.6 lakh
XLRI JamshedpurINR 26 lakh
FMS DelhiINR 58.6 lakh
Symbiosis PuneINR 34 lakh
NITIE MumbaiINR 58.2 lakh
IIFT New DelhiINR 46.45 lakh
IMT GhaziabadINR 58.22 lakh

Top MBA Recruiters in India

Here is the list of Top MBA Recruiters in India which is given below:

UBSBharti Airtel
Hindustan UnileverBarclays Capital
Bank of AmericaL’Oreal Paris
National Stock ExchangeReserve Bank of India
Kotak Mahindra GroupGodrej
Bajaj AutoBoston Consulting Group
BloombergIBM
PricewaterhouseCoopersDeloitte
Deutsche BankCitigroup
McKinsey & CompanyJP Morgan
American ExpressReckitt Benckiser

Frequently Asked Questions:

Q1. 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 NamesTotal MBA Fees(INR)
University of Allahabad, Allahabad24,48,00
Ranchi University, Ranchi4,700
National Institute of Rural Development and Panchayati Raj, Hyderabad2,90,000
St. Michael’s College, Cherthala9,46,000
University of Rajasthan8,770
Bhartiya Shiksha Parishad, Lucknow34,50,000
Indira Gandhi National Tribal University, Anuppur10,500
PSG College of Arts and Science, Coimbatore14,000
Central Agricultural University, Imphal5,96,000
Visvesvaraya Technological University, Belgaum11,79,200
Department of Business Management, University of Calcutta16,508
Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur11,252
Bharathiar University, Coimbatore38,560

Q2. 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.

Q3. 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.

Q4. 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.

Q5. 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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