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Top MBA Colleges in india with Fees
Top MBA Colleges in india with Fees

Top MBA Colleges in India with Fees

Are you learning towards higher studies after completing your graduation and want to study in the Top MBA Colleges in India? Well, you have just clicked on the right page as we have listed all the relevant and important information about the Top MBA Colleges in India with Fees, eligibility, and Top MBA Colleges in […]

 Saurav Anand
 Saurav Anand 13/05/2023
13/05/2023
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

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Are you learning towards higher studies after completing your graduation and want to study in the Top MBA Colleges in India? Well, you have just clicked on the right page as we have listed all the relevant and important information about the Top MBA Colleges in India with Fees, eligibility, and Top MBA Colleges in India with cutoff along with many other beneficial details, so keep reading below.

Getting into the Top MBA Colleges in India can be a bumpy ride as there are hundreds and thousands of MBA Colleges in India and it's all termed as Tier 1 MBA College, Tier 2 MBA College, and Tier 3 MBA Colleges in India in this article. 

Management aspirants strive to get into a top B-School of their choice. Unfortunately, things don’t always go as planned. Candidates must remain positive despite such setbacks. Numerous MBA colleges in India offer world-class management education and excellent placement opportunities. In case you are not able to get into your preferred institute, start looking for the next best option. 

MBA Colleges in India with Fees

Looking for MBA colleges in India with Fees? Worry not for you have arrived at the right page. Our dedicated team at Formfees has compiled a comprehensive article on the MBA colleges in India with Fees for you.

We understand that an MBA is a financially costly course. It is one of the most sought-after higher education courses which guarantees to surge one’s chances of having a high-profile career. This is the reason most young people look forward to pursuing an MBA course. This high demand is also the reason for the high cost of an MBA course in India.

Because there are plenty of MBA colleges in India offering various MBA specializations, it becomes imperative to know the top MBA colleges in India with Fees as well. As discussed earlier, an MBA can be financially burdensome to students from a diverse range, hence it is better to be aware of the total tuition fee and the estimated cost of pursuing an MBA from any city in India. This can also give you a better idea of the rate of return of your investment which you shall put into your MBA course.

The following article shall cover a wide range of topics, not just the MBA colleges in India with Fees. We shall shed some light on the related topics to these such as Top 10 MBA colleges in India with fee structure. In this table you can expect to see the following colleges such as

These are among the Top MBA colleges in India and a comprehensive list of Top 10 MBA colleges in India with fee structure is given in the article below.

Then we shall make you familiar with the MBA fees in Government College as well. As well all know government MBA colleges are among the best and most affordable MBA colleges in India. Hence pursuing a course from the best MBA government college can really boast your chance for a qualitative MBA course with less financial burden. Some of the Top MBA colleges mentioned here are

  1. Jamia Millia Islamia University, New Delhi
  2. University of Delhi, Faculty of Management Studies, New Delhi
  3. Institute of Management Studies, Banaras Hindu University, Varanasi

Then we shall go on to see the Best MBA Colleges in India with Low Fees as well. These MBA colleges are as good as the top MBA colleges in India providing a qualitative MBA course to its students. Some of the colleges mentioned in the table in the following article are:

  1. FMS, Delhi
  2. Department of Financial Studies (DFS), DU
  3. Delhi School of Economics, DU

We shall also see the lowest MBA fees in India as well in the separate table in the article below for better comprehension. Some of the Best MBA colleges mentioned here are as follows:

  1. SIMSREE, Mumbai
  2. PUMBA, Pune
  3. JamnaLal Bajaj Institute of Management Studies (JBIMS)

What is best for an MBA course other than the placements? Next, we shall see the MBA Colleges with Low Fees and Good Placements presented in the table form in the article below. Some of the colleges analyzed here are as follows:

  1. IMI New Delhi
  2. IMT Ghaziabad
  3. DMS IIT Delhi
  4. FMS New Delhi

When talking of the MBA colleges in India with Fees, we cannot miss the MBA Fees in Private Colleges as well. Some of the best MBA private colleges mentioned in the article below are

  1. Narsee Monjee Institute of Management Studies (NMIMS)
  2. Xavier School of Management (XLRI)
  3. S.P. Jain Institute of Management & Research (SPJIMR)
  4. Management Development Institute (MDI)

Now that we know what we are about to discuss in this article on MBA colleges in India with Fees, let us now not wait any longer. If by the end of this article, there are any queries you still persist regarding the MBA colleges in India with Fees, kindly contact us at Formfees and one of our consulting executives shall get in touch with you as soon as possible.

Top 10 MBA colleges in India with fee structure

To know more about the MBA Colleges in India with Fees we have compa\iled a list of colleges for your convenience as we know how important it is for a student to get into the top MBA colleges in India, and we commonly have it our minds that when we think about the Top MBA Colleges in India 2023 it has to be the IIMs but it's not the case anymore as there are many other Top 10 MBA colleges in India with fee structure listed below which has made us Indian proud and provided as many opportunities as per the Placement and other infrastructural benefits made it to the list of top MBA colleges in India in 2023. 

Top MBA colleges in India include the Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many others. A list of the top 100 MBA colleges is included in this article.

Along with the IIMs, other renowned top management colleges in India, such as XLRI, ISB, SP Jain, FMS Delhi, and MDI Gurgaon, fiercely compete with the IIMs.

The average income from these MBA colleges in India with fee structure is about INR 250,000. When analyzing post-MBA earnings at Top 10 MBA colleges in India, you cannot disregard the expense of an MBA. One of the things you should consider is the return on investment for your MBA.

The average yearly tuition for the institutions included in the table is roughly 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 ten MBA institutions in India has been compiled for you. The top business schools will now be scrutinized in more depth.

1. Top 10 MBA colleges in India with fee structure - IIM Ahmedabad

IIMA also known as IIM Ahmedabad Ranks as the Top MBA Colleges in India and is widely known all over the world for its excellent placement and education facilities.  Ranking about the top 10 MBA colleges in India with fee structure given below. 

The subsections that follow will highlight key information about IIM Ahmedabad's flagship program, PGP, such as its eligibility requirements, admissions method, cost structure, placement reports, and ROI.

At IIM Ahmedabad, the flagship program

The flagship curriculum of IIM Ahmedabad is the two-year Post-graduate curriculum in Management (PGP).

IIMA PGP Admission Process

Your application for admission to IIM Ahmedabad's PGP will be evaluated on the following parameters:

  • CAT scores
  • Past academic performances
  • Performance in the personal interviews

Admission to the PGP at IIM Ahmedabad requires more than just good CAT scores and a bachelor's degree. The IIMA PGP admissions process is quite tough. It has established cut-off scores for the CAT as well as each of its component sections. In addition to your CAT score, your past academic achievements will be considered.

PGP Fee Structure at IIM Ahmedabad

The tuition cost for the PGP class of 2022 at IIM Ahmedabad fees has been fixed at INR 23,00,000. Tuition is $25,000 per year for Indian students enrolled into the PGP class of 2021.

2. Top 10 MBA colleges in India with fee structure - IIM Bangalore

IIMB or popularly known as IIM Bangalore Ranks among the Top MBA Colleges in India ranking 2nd in the line. Let's look at the specifics of PGP, the flagship programme at IIM Bangalore, including its admission requirements, eligibility, cost, and placement statistics.

The Master of Business Administration (MBA), a two-year full-time degree, is IIM Bangalore's flagship program. In addition to the PGP, IIM-B offers the following management study programs: A one-year full-time Master of Business Administration (EPGP) program. and A weekend-only, two-year master of business administration (MBA) program among others like 

Standardized Exam for IIM B PGP Admission

Students from India may apply for IIM-B PGP admission via the CAT (Common Admission Test) (cut-off = 85 percentile). International candidates must take the GMAT.

Criteria for IIM B PGP Eligibility

To be eligible to apply for the IIM Bangalore PGP, you must meet the following requirements:

  1. A bachelor's degree or its equivalent, as well as a minimum grade point average, are required.
  2. It is necessary to have a current CAT score (cut-off: 85 percentile).
  3. International applicants with a sufficient GMAT score may apply.

IIM Bangalore evaluates your application as per the following criteria: Entrance Exam for IIM Bangalore

  • CAT scores
  • Performance in writing assessment test (WAT)
  • Performance in the personal interview

IIM Bangalore fees is around NR 23,00,000. 

3. Top 10 MBA colleges in India with fee structure - IIM Calcutta

In our ranking of top 10 MBA colleges in India with fee structure - IIMC or IIM Calcutta comes in 3rd.  It is recommended that students who want to opt for studying in the financial field or who want to have a bright career in the finance or consulting industry should go for IIMC. 

Let's take a look at some crucial details about IIM-C's flagship program, such as entrance criteria, eligibility, cost, placement statistics, and so on.

The Master of Business Administration (MBA) is IIM Calcutta's flagship program. Aside from MBA, IIM-C offers the following management programs: MBAEx (previously known as PGPEx), PGPEx-VLM, and PGDBA.

Entrance Exam for IIM C MBA Admission

  • CAT (Cut-off - 85)
  • GMAT (only for international applicants) (Cut-off - 85 percentile)

The application process for the IIM-C MBA program for the academic years 2022-2024 is only open to domestic applicants who have taken the CAT 2021 examination.

Individuals who possess an inclination to apply and who are currently residing, employed, or engaged in academic pursuits beyond the borders of India between January 1, 2021, and February 15, 2022, will be classified as 'Overseas Candidates' for the purpose of admission to the Master of Business Administration (MBA) Program at the Indian Institute of Management Calcutta for the 2022-24 academic session.

Nevertheless, a candidate from abroad who is anticipated to be present in India for the CAT 2021 examination, which is scheduled to take place on November 28, 2021, would not meet the eligibility criteria for applying under the overseas category.

IIM Calcutta MBA Eligibility Criteria

Your eligibility for IIM Calcutta's MBA programme will be determined by the following standards:

  • If your bachelor's degree was earned with at least 50% honors
  • if your CAT 2021 score is current. Candidates from abroad who anticipate being in India for the CAT in 2021 are not eligible to apply under the overseas category.

IIM Calcutta Fee Structure is around 26.98 lakhs, excluding the other costs.

4. Top 10 MBA colleges in India with fee structure - Indian School of Business

The next Top 10 MBA colleges in India with fee structure on our list is Indian School of Business (ISB) Hyderabad. 

ISB placed 4th due to its huge alumni network, high placement rates, and worldwide ties. PGP (post-graduate programme in management) is ISB's flagship course.

ISB PGP admission is based on a standardized exam.

  • ISB accepts GMAT or GRE scores for PGP admissions.

ISB PGP Eligibility

  • Only if you satisfy the following prerequisites will you be eligible to apply for the ISB PGP:
  • Your GMAT (or GRE) score is correct.
  • You have a bachelor's degree or an equivalent.
  • If English was not your major language of instruction, you must have a TOEFL or IELTS score.
  • You have at least 24 months of full-time experience.

ISB PGP Fee structure at INR 34.5 lakhs (approx.), which is inclusive of taxes and other costs.

5. Top 10 MBA colleges in India with fee structure - IIM Lucknow

IIM Lucknow is the next institution on our list of the Top 10 MBA colleges in India with fee structure. 

The sections that follow give information about the flagship program at IIM Lucknow.

The IIM Lucknow Flagship Program

  • IIM Lucknow's hallmark programme (PGP) is the Post-Graduate Program in Management. In addition to the PGP, IIM provides a number of additional management studies programs for graduates and professionals.

PGP Eligibility

  • If you satisfy the following prerequisites, you will be deemed qualified for the IIM Lucknow PGP.
  • A bachelor's degree or its equivalent is necessary, with at least 50% of the marks.
  • Candidates in their senior year of high school may also apply. If you are selected, you must submit the required documentation by June 30, 2020.
  • You must have a current CAT 2021 score.

The PGP Application Process

  • IIM Lucknow will evaluate your application based on the following criteria:
  • Your academic record prior to the CAT 2021 outcomes writing ability tests (WAT)
  • Results of the Group Discussion, as well as how you performed in the personal interview

PGP Fee Structure is approx.INR 19 lakhs.

6. Top 10 MBA colleges in India with fee structure - FMS or Faculty of Management Studies - Delhi University

FMS Delhi is highly regarded as a prestigious MBA institution in India because to its competitive tuition fees and favorable return on investment. Let us examine the specific information pertaining to the flagship program.

The flagship program offered by the Faculty of Management Studies, University of Delhi.

The primary program offered at the Faculty of Management Studies (FMS) Delhi is a comprehensive, full-time Master of Business Administration (MBA) study. 

The fee structure for the FMS DU MBA program is comparatively affordable, with a cost of INR 1,92,000, which is lower than that of other competing programs. Due to its relatively cheap fees, FMA Delhi has gained a reputation for offering a good return on investment (ROI).

7. Top 10 MBA colleges in India with fee structure - SPJIMR Mumbai

SPJIMR Mumbai is ranked seventh on our list of leading MBA institutions in India, mostly attributed to the notable international significance of its academic offerings. This inquiry seeks to provide a concise explanation of the flagship program, application dates, eligibility requirements, cost structure, and placement reports associated with the subject of interest.

The flagship program offered at SPJIMR Mumbai is a highly esteemed academic offering.

The primary curriculum offered at SPJIMR Mumbai is the Post Graduate Diploma in Management (PGDM), a comprehensive two-year full-time Master of Business Administration (MBA) degree. In addition to the Post Graduate Diploma in Management (PGDM), the S.P. Jain Institute of Management and Research (SPJIMR) in Mumbai provides a range of management studies programs, one of which is a specialized program designed specifically for women known as the Post Graduate Management Program for Women (PGMPW). The Worldwide Management Program (GMP) offers students the opportunity to get worldwide experience by establishing links with renowned business schools.

The pricing structure for the Post Graduate Diploma in Management (PGDM) program at SPJIMR amounts to INR 19 lakhs. This comprehensive fee includes the tuition fee, lodging expenses, as well as the Global Fast Track component. Participants will be responsible for covering any additional expenditures that arise over the duration of the program.

8. Top 10 MBA colleges in India with fee structure - XLRI Jamshedpur

Top 10 MBA colleges in India with fee structures are highly regarded, with a ranking of #8. Among these institutions, XLRI stands out as the oldest and one of the most esteemed establishments for management education in the nation. This analysis will provide a comprehensive examination of the flagship curriculum, including details on entrance prerequisites, financial considerations, and post-graduation employment statistics, among other pertinent facts.

The flagship program offered at XLRI Jamshedpur is a highly esteemed academic offering.

The primary management studies program offered at XLRI, Jamshedpur, is a comprehensive two-year full-time program known as the Post Graduate Diploma in Management (PGDM) with a specialization in Business Management. The institution also provides a part-time program in management studies, referred to as the Post Graduate Diploma in Management (Business Management) part-time.

The fee structure for the Post Graduate Diploma in Management (Business Management) program at XLRI is set at INR 20 lakhs for a duration of two years. In addition to the cost of tuition, there are additional expenses associated with meal plans and accommodation costs.

9. Top 10 MBA colleges in India with fee structure - IIM Indore

The list of Top 10 MBA colleges in India with fee structure consists of the IIM Indore as well. 

The flagship program offered by the Indian Institute of Management Indore is a highly esteemed academic offering.

The primary curriculum offered at IIM Indore is a comprehensive two-year residential MBA program known as the Post-graduate Programme in Management (PGP). In addition to the Post Graduate Program (PGP), the Indian Institute of Management Indore (IIM Indore) provides many other management study programs, including the Executive Post Graduate Program (EPGP), the Post Graduate Program in Mumbai (PGP-Mumbai), the Integrated Program in Management (IPM) spanning five years, the Post Graduate Program in Management for Executives in Mexico (PGP-MX), and the Post Graduate Program in Human Resource Management (PGP-HRM). 

Indian students enrolled in the Post Graduate Programme (PGP) at the Indian Institute of Management Indore are required to remit a tuition fee amounting to around INR 17 lakhs. The expenses associated with the Post Graduate Program (PGP) for overseas applicants amount to around INR 25 lakhs.

10. Top 10 MBA colleges in India with fee structure - MDI Gurgaon

The Post Graduate Diploma in Management (PGDM) program at MDI, which spans a duration of two years on a full-time basis, has been positioned at the ninth spot in our compilation of the top ten MBA institutions in India. The following parts will elucidate significant particulars about the MDI flagship program - PGDM, including its eligibility requirements, admission procedure, cost structure, and placement records.

The MDI program, along with its accompanying programs, are the focal points of discussion.

In addition to the Post Graduate Diploma in Management (PGDM) program, MDI offers two more programs under the Post Graduate Program (PGP).

The Post Graduate Diploma in Management with a specialization in Human Resource Management (PGDM-HRM)

The Post Graduate Diploma in Management with a specialization in International Business (PGDM-IB)

The fee structure for the MDI PGDM programme, spanning a duration of two years, is about INR 24,16,800.

Quick Questions -

Q. Which are the No 1 MBA colleges in India?

Ans. The top MBA Colleges in India are ranked from highest to lowest by IIM Ahmedabad, IIM Bangalore, IIM Kolkata, and so on. The top 3 MBA Colleges in India according to the NIRF rankings 2023 include IIM Kozhikode, IITs like IIT Delhi, and XLRI, MDI Gurgaon, to mention a few.

How Affordable Is Studying MBA in India? Top MBA Colleges in India with Fees 

Below we have shown the Top MBA Colleges in India with Fees. However, the top 10 MBA colleges in India charge high fees. Over 63 percent of colleges in India charge less than Rs 10 lakh per year for their courses. These colleges include:

MBA colleges charge fees between Rs 10 and 20 lakhs. Some of these colleges are:

The average MBA college fee structure is Rs 20 lakh or more in around 6 percent of the colleges. Some of these colleges are:

There are over 3,500 MBA colleges in India, so choosing the right one can be a difficult task. Tier 2 colleges in India are also worth considering in addition to Tier 1 institutions that are highly ranked in India. Below we have provided the list of Tier 1 MBA College, Tier 2 MBA Colleges, and Tier 3 MBA Colleges in India.

Tier 1 Colleges In India

As shown below we have listed the top tier 1 MBA colleges in India with fee information and cut-offs. 

The top Tier 1 Colleges In India mentioned below are not ranked, and the tuition information and cut-off may differ. Students should verify the information directly with each MBA program’s website before enrolling.

InstituteFeesCut off
Faculty of Management Studies, University of Delhi (FMS)2 Lakhs98
Indian Institute of Foreign Trade, New Delhi (IIFT)17.7 Lakhs122-124
Indian Institute of Management, Ahmedabad (IIMA)23 Lakhs80
Indian Institute of Management, Bangalore (IIM B)23 Lakhs85
Indian Institute of Management, Calcutta (IIM C)23 Lakhs85
Indian Institute of Management, Indore (IIM I)16.10 Lakhs 90
Indian Institute of Management, Kozhikode (IIM K)20.5 Lakhs85
Indian Institute of Management, Lucknow (IIM L)19.25 Lakhs90
Indian School of Business, Hyderabad (ISB)39.63 LakhsN/A
Jamnalal Bajaj Institute of Management Studies (JBIMS)6 Lakhs99.99

Top Tier 2 MBA Colleges in India

The placement at Tier 2 MBA Colleges in India ranges between INR 10 lakhs per annum and 20 lakhs per annum. 

Top tier 2 MBA Colleges in India have contemporary amenities; some are affordable and provide good teaching and placement services. Tier 2 MBA Colleges are the next in line, having established their brand identities and consistently strong placement histories.

In terms of rankings, these top tier 2 MBA institutions fall into the second tier (top 15 to 30). As a result, these top 2 MBA institutions in India remain a viable alternative for anyone pursuing an MBA from a reputable B-School.

Furthermore, many other private institutions also accept CAT/GMAT scores, but their applications are quite different. The application process for these institutes is different from applying for CAT or XAT, for example. They have separate deadlines, fees, programs to apply for, and many other things to take care of.

Don’t worry if you didn’t get the chance to get into the Top Tier 1 MBA Colleges in India as the competition is extreme and chances are low, but the Tier 2 MBA Colleges in India are no different it provides stunning placement opportunities and infrastructure for you to grow well and get into the Top Companies. 

Here’s the list of some of the Tier 2 MBA Colleges in India to consider while planning a career in management.

Institute NameMBA Course OfferedEntrance Exam Expected Cut-offs
K. J. Somaiya Institute of Management Studies and Research, MumbaiPGDMCAT: 80 percentile
GMAT: 650 marks
XAT: 80 percentile
Institute of Rural Management Anand, AnandPGP in Rural ManagementCAT: 80 percentile
Symbiosis Institute of International Business (SIIB)MBA (International Business)SNAP: 98 percentile
T. A. Pai Management Institute, Manipal (TAPMI)PGDMCAT: 90 percentile
CMAT: 90 percentile GMAT: 600 marks
XAT: 90 percentile
Symbiosis Institute of Business Management, BangaloreMBASNAP: 95 percentile
International Management Institute (IMI), DelhiPGDMCAT: 90 percentile
Great Lakes Institute of Management, ChennaiPGDMCAT: 90 percentile
CMAT: 90 percentile
GMAT: 600 marks
XAT: 90 percentile
Indian Institute of Management (IIM) RanchiPGDMCAT: 90 percentile
Institute of Management, Nirma UniversityMBACAT: 80 percentile

Top Tier 3 MBA Colleges in India 2023

Top Tier 3 MBA Colleges in India 2023 are ones that do not require 99% on your entrance examinations to be admitted. These colleges have contemporary infrastructure, are of moderate size, and have strong teaching personnel, and placement units. Tier 3 MBA Colleges in 2023 will include a few IITs as well as some private and governmental institutions. Some of these institutes hold their own entrance tests and do not require the CAT/GMAT.

Continue reading to learn more about the Top Tier 3 MBA Colleges in India 2023, their eligibility requirements, and the admissions procedure. 

The Top Tier 3 MBA Colleges in India form an excellent group. They are still excellent locations to learn and advance your profession. Make an informed decision before enrolling. Some of the colleges on this list provide excellent returns on investment. The following is a list of top tier 3 MBA institutions in India:

College NameCourses
IIM KashipurMBA, PGDM
KLEFU GunturMBA
JMI New DelhiMBA, PGDM
XIMU BhubaneswarMBA, PGDM
GIM GoaMBA, PGDM
TAPMI ManipalMBA
CU MohaliMBA
IIM NagpurMBA, PGP, PGDM
IMT GhaziabadMBA
LPUMBA

Top 10 MBA Colleges in India with Fee Structure

You can get an idea of the costs associated with pursuing an MBA college in India by learning about the fee structures of the Top 10 MBA colleges in India. It will aid you in making the appropriate financial plans. Students who are pursuing an MBA also search for top MBA colleges in India because these institutions provide the highest quality MBA colleges in India.

The table below lists the top 10 MBA colleges in India along with the total cost of attendance:

Name of the CollegeFees Structure 
Indian Institute of Management, (IIM) AhmedabadINR 24.61 lakh
Indian Institute of Management, (IIM) BangaloreINR 24.50 lakh
Indian Institute of Technology, (IIT) DelhiINR 10.40 lakh
Indian Institute of Management, (IIM) KozhikodeINR 20.50 lakh
Indian Institute of Management, (IIM) LucknowINR 12.60 lakh
Indian Institute of Management, (IIM) IndoreINR 16.20 lakh
Indian Institute of Management, (IIM) RanchiINR 17,60,000
XLRIINR 27.40 lakh
National Institute of Industrial Engineering, (NITIE) MumbaiINR 11.33 lakh
Indian Institute of Technology, (IIT) MadrasINR 9.14 lakh
Indian Institute of Technology, (IIT) KharagpurINR 1,64,558

MBA Fees in Government College

Here below is the list of the MBA fees in Government College. Kindly go through it carefully to comprehend better the most suitable MBA college for yourself. Kindly have a look below:

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

Best MBA Colleges in India with Low Fees

Here below is the list of the Best MBA Colleges in India with Low Fees. Kindly go through it carefully to comprehend better the most suitable MBA college for yourself. Kindly have a look below:

Name of the CollegeCourse Fee (in Rs.)
KJ Somaiya Institute of Management Studies and Research, Mumbai12,35,850
Pune University Department of Management Sciences (PUMBA)For Maharashtra state candidates: 1.32 lakh
For all other state candidates: 1.33 lakh
Tata Institute of Social Sciences (TISS), Mumbai1,14,600
Department of Financial Studies (DFS), DU48,000
Delhi School of Economics, DU31,392
FMS, Delhi20,960

Lowest MBA Fees in India

While looking for the MBA colleges in India with Fees we cannot leave the elephant in the room, that is, the list of the Lowest MBA Fees in India. Here below is the list of the Lowest MBA Fees in India. Kindly go through it carefully to comprehend better the most suitable MBA college for yourself. Kindly have a look below:

Name of the CollegeCourse Fees
JamnaLal Bajaj Institute of Management Studies (JBIMS)Rs. 6,00,000
Delhi Technical University (Formerly Delhi College of Engg.)Rs. 4,25,000
Ambedkar University, DelhiRs. 3,00,000
USMS, GGSIPU, DelhiRs. 1,92,000
SIMSREE, MumbaiRs. 1,36,000
PUMBA, PuneRs. 1,34,000

MBA Colleges with Low Fees and Good Placements

Here below is the list of MBA Colleges with Low Fees and Good Placements.  While looking for MBA colleges in India with Fees, we advise you to analyze your return on investment smartly by checking the possible placement packages the colleges offer. Kindly go through it carefully to comprehend better the most suitable MBA college for yourself. Kindly have a look below:

Name of the CollegeFee (Rs. in Lakhs)Average Placement Salary (Rs. in Lakhs)
IMI New Delhi21.3715.23
IMT Ghaziabad19.5317.35
DMS IIT Delhi9.6021.90
FMS New Delhi1.9232.40
SJMSOM IIT Bombay10.0825.93
SPJIMR, Mumbai20.4232.05
MDI Gurgaon23.4726.65

MBA Fees in Private Colleges

The best MBA colleges in India are comparable to the top MBA colleges as well. Because these institutions have a good reputation, it makes sense for a candidate to pursue an MBA from one of the best private MBA colleges in India.

These colleges provide equally effective placement programs, respectable faculty access, and top-notch infrastructure facilities.

Below is a list of the MBA Fees in Private Colleges here below:

Name of the CollegeTotal Course Fees (Approx.)
Narsee Monjee Institute of Management Studies (NMIMS)Rs. 5,50,000 - Rs. 9,25,000
Xavier School of Management (XLRI)Rs. 8,50,000 - Rs. 20,00,000
S.P. Jain Institute of Management & Research (SPJIMR)Rs. 7,50,000 - Rs. 19,60,000
Management Development Institute (MDI)Rs. 9,73,000 - Rs.25,00,000
Institute of Rural Management (IRMA)Rs. 10,10,000 - Rs. 11,60,000
FORE School of ManagementRs. 13,00,000 - Rs. 14,98,000
Goa Institute of ManagementRs. 11,96,000 - Rs. 15,98,000
Great Lakes Institute of ManagementRs. 16,65,000 - Rs. 18,94,000
Loyola Institute of Business Administration (LIBA)Rs. 6,01,000 - Rs. 12,70,970
Symbiosis Institute of Management Studies (SIMS)Rs. 4,06,000 - Rs. 13,97,050
ITM Business SchoolRs. 8,00,000 - Rs. 10,25,000
PSG Institute of ManagementRs. 8,00,000 (approx.)
Institute of Management Technology (IMT)Rs. 6,00,000 - Rs. 17,50,000
International Management Institute (IMI)Rs.11,00,000 - Rs. 16,49,000
Indian School of Business (ISB)Rs. 30,41,000 - Rs. 47,55,000
T.A. Pai Management Institute (TAPMI)Rs.16,90,000
Welingkar Institute of Management Development and ResearchRs. 11,00,000
Symbiosis Institute of Business ManagementRs. 6,10,000 - Rs. 17,06,000
Lal Bahadur Shastri Institute of ManagementRs. 3,25,000 - Rs. 10,89,200
Jagan Institute of Management StudiesRs. 7,15,000

Top MBA Colleges in India with Fees  | MBA fees less than INR 10 lakh

The majority of MBA institutions in this cost category are IIT departments of management studies. These Top MBA Colleges in India with Fees are not only less expensive than private B-Schools, but they are also highly ranked in the yearly MHRD-NIRF rating and provide great placement possibilities. 

Consider the following universities with Top MBA Colleges in India with Fees less than INR 10 lakh:

Top MBA Colleges in India with FeesCourse NameFees
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

The admission process can be checked through the official website or you can directly contact us for details and for other related details 

Top MBA Colleges in India with Fees | MBA fees less than INR 5 lakh

Top MBA Colleges in India with Fees - Popular institutes in this cost category include Symbiosis International University (Deemed), and Prin. L N Welingkar, Christ University, Chandigarh University, and Amity University. These Top MBA Colleges in India with Fees provide a variety of MBA degrees at costs that are not too expensive. Consider the following universities with MBA tuition of less than INR 5 lakh:

Top MBA Colleges in India with FeesMBA/PGP Course NameFees
Prin. L. N. Welingkar Institute of Management Development & Research-MumbaiPGP Media and Entertainment Management INR 3.00 lakh
Christ University, BangaloreMBA Leadership and ManagementINR 3.10 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

Top MBA Colleges in India with Fees | MBA fees less than Rs 1 lakh

Top MBA Colleges in India with less than INR 1 lakh are often departments of management studies at either a federal or state university. Despite their modest prices, these institutes are accredited by the University Grants Commission (UGC). 

Take a look at some of the Top MBA Colleges in India with Fees under INR 1 lakh.

Top MBA Colleges in India with FeesCourse NameFees
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

Top MBA Colleges in India Admission in Tier 2 and Tier 3 Colleges 2022: Admission Process

Admission to many universities is based on previous experience or Bachelor/Diploma level scores. Entrance exams are conducted by a handful of universities. They are and are followed by a merit screening procedure.

Below is a step-by-step procedure for admission to Tier 2 and Tier three MBA Colleges:

  1. Candidates must apply for the exam given following the fulfillment of the eligibility requirements.
  2. After the entrance test is completed The institute will announce the result and then release the cut-offs.
  3. Following the clearing of the cut-off of the test, a provisional merits list is announced which will comprise the shortlisted candidates. be called for verification of documents following the admission announcement.
  4. Candidates may also receive merit-based admissions based on the marks earned in the Bachelor’s degree.
  5. The candidate with the highest percentage or aggregate mark and who is ranked higher on the merit list is preferred.
  6. In the same way, following the confirmation of documents as well as an interview, applicants are admitted.

Although it is advised to go through the official website for the latest admission and fee updates, you can contact us as we can help you pick the right college accordingly. 

In case you have queries we have FAQs below which can clear some of your doubts

Frequently Asked Questions about Top MBA Colleges in India

Q. What are Tier 1 MBA Colleges in India?

Ans. Tier 1 MBA colleges are considered to be the top B-schools in India and are categorized as Tier-1 MBA Colleges. Tier 1 colleges are those that have the best: Academics, infrastructure, faculty, research, placements, alumni network, and national/international presence. They also have high NIRF/NAAC ratings. Tier 2 colleges are those that have middle-level facilities of the above parameters

Q. What are Tier 1 and Tier 2 MBA Colleges?

Ans. Tier 1 and Tier 2 MBA colleges in India: Tier 1 and Tier 2 MBA Colleges have an exceptional reputation for cutting-edge research, strong academic standards, a diverse student body, and the highest level of creativity, innovation, and scholarship. They have an admittance rate of less than 10%. That indicates that just 10% of the applicants are accepted. They demand academic excellence as well as great extracurricular activities, but these are the only conditions that are considered.

They (Tier 1 MBA colleges in India) are among the hardest institutions to get into, but that doesn't mean they aren't open to everyone. Actually, they are open to all students, including those with the highest academic credentials. This is not to say that getting into elite colleges is impossible. What we mean by "unattainable" is that competition is fierce, and so the odds of acceptance into these institutions are slim. This should not be interpreted as a promise.

Q. What is Meant by Tier 2 Colleges in India?

Ans. Tier 2 Colleges in India: These are colleges that are not as well established as Tier 1 institutions, but that doesn't mean that intelligent individuals can't study there. These colleges have a reputation to uphold each year. These institutes suffer from a severe shortage of resources and student strength.

Tier 2 Colleges in India are challenging even if they are not as high as tier 1 schools. They often have acceptance rates of less than 20%. Although they have the same academic and extracurricular standards, the number of students that apply is fewer, therefore every eligible student has a better chance of being accepted.

Q. What professional options are there for someone who has an MBA?

Ans. Following completion of an MBA program, candidates can pursue some of the following prominent career profiles: 

  • Project Director. 
  • Business Development Manager or Executive. 
  • Managers of products, marketing campaigns, analytics, systems, and data processing. 
  • Analyst for business.

Q. Which MBA specialty is the best?

Ans. Some of the highest-paid MBA specialties include finance, entrepreneurship, marketing, operations, and international business.

Q. Do I have the option to get an MBA after high school?

Ans. A dual degree program that combines undergraduate and graduate study is the Integrated MBA program. It is a combined BBA/BMS/BBM Plus MBA program, to put it simply. Starting when you finish your 12th grade, it is frequently a five-year program.

Q. Is the Master's program challenging?

Ans. Although challenging, MBA programs are not insurmountable. Many potential students ponder whether an MBA is too difficult for the average student. The short answer is "most likely not." However, as you'll undoubtedly learn during your MBA program, more than half of your professional achievement is determined by your mindset.

Q. What precisely is a finance MBA?

Ans. In this course, students will learn how to evaluate business reports, forecast economic trends, pick investment portfolios, optimize stock value, and balance risk and profitability.

Q. Which is better, a PGDM or an MBA?

Ans. Both the MBA and the PGDM have a business-focused curriculum. These courses' main objective is to prepare students for professional advancement or entry into the management field.

Q. Is an online MBA accepted in India?

Ans. Yes, a distance learning MBA is a valid degree that has also received UGC-DEB accreditation. It provides several employment options in the marketing sector.

Q. What career chances are there for MBA graduates?

Ans. In India, an MBA graduate may anticipate working in the following types of positions:

  • Investment management, venture capital, and private equity 
  • Investment management adviser 
  • Marketing product administration 
  • Both program and project management.

Q. What are the main topics covered in an MBA course?

Ans. Below is a list of the required core MBA subjects. 

  • Financial and Accounting Management 
  • Economics for Business and corporate finance
  • Human Resource Administration 
  • Management of Change via Leadership and Entrepreneurship Principles and Practise
  • Sustainability-focused management

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