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Top MBA Colleges with Low Fees 2023

Low Fees MBA Colleges in India 2022 provide MBA programmes with a great return on investment. FMS, USMS, SIMSREE, JBIMS, UBS, PUMBA, and SRM are among the top B-schools in India that provide cheap MBA programmes. They offer fees ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA programme, as opposed to many of the more costly MBA universities

 Saurav Anand
 Saurav Anand 24/09/2022
24/09/2022
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

Top MBA Colleges with Low Fees 2022

Low Fees MBA Colleges in India 2022 provide MBA programs with a great return on investment. FMS, USMS, SIMSREE, JBIMS, UBS, PUMBA, and SRM are among the top B-schools in India that provide cheap MBA programs. They offer fees ranging from Rs.50,000 to Rs.10 Lakhs for the whole MBA program, as opposed to many of the more costly MBA universities, which charge fees ranging from Rs.18 lakhs to Rs.25 lakhs.

Low Fees MBA Colleges in India 2022 charge fees ranging from Rs. 50,000 to Rs. 10 Lakhs for a two-year full-time residential MBA or PGDM program. Other prominent MBA Colleges in India, such as IIMs, MDI, XLRI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs. Some of the Low Fees MBA Colleges in India 2022 are associated with or house management departments at Mumbai University, Bangalore University, GGSIPU University Delhi, Delhi University, Pune University, and Panjab University, among others. To get admission to a Low Fees MBA College in India 2022, you must do well on an entrance test such as the CATMATCMAT, and more and have a learning experience.

MBA Colleges with Low fees

MBA is one of the most popular postgraduate programs in India, with several employment opportunities. MBA programmes may be expensive. However, if an MBA is your desire, it does not have to be prohibitively expensive. There are several excellent colleges in India that provide MBA programmes at reasonable costs. MBA programs offered by government colleges and universities are significantly less expensive than those offered by private schools. Those who want to pursue an MBA should first develop a list of universities that they want to attend. They must make a selection based on their specification and budget rather than being swayed by the tide. Here is the list of MBA Colleges with Low fees which is mentioned below:

MBA CollegeFees (Rupees)
VIT Business School Vellore7,02,000
Chandragupt Institute of Management Patna7,65,000
IMS Ghaziabad7,95,000
VJIM Hyderabad7,50,000
JIMS Rohini Delhi7,95,000
SCMS Cochin7,50,000
GBS Kolkata7,95,000
Jaipuria School of Business, Ghaziabad7,50,000
Firebird Institute of Research in Management Coimbatore4,80,000
K R Mangalam University Delhi2,60,000

IIMs with Low Fee MBA

Although the MBA cost at IIMs is relatively high in comparison to other MBA institutions in India, there are several IIMs that provide low-fee MBA programs. While IIM Ahmedabad, Bangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programs for between Rs.10 Lakhs and Rs.15 Lakhs. The IIMs that provide low-fee MBAs are also among the best MBA schools providing low-fee programmes. The following are some of the IIMs that offer low-cost MBA programmes:

IIMs with Low Fee MBAMBA Fee Structure
IIM AmritsarRs.13,20,000
IIM BodhgayaRs.12,95,000
IIM JammuRs.14,82,000
IIM NagpurRs.13,75,000
IIM RaipurRs.14,21,000
IIM RohtakRs.16,65.000
IIM TiruchirappalliRs.16,50,000
IIM UdaipurRs.18,65,000
IIM SirmaurRs.11,75,000
IIM SambalpurRs.13,03,000

Top MBA Colleges in Mumbai with Low Fees

The average annual fee in Top MBA colleges in Mumbai for pursuing MBA programs is INR 55,000 – 23 Lakhs. Mumbai University, KCCMS Mumbai, and KJSCCETR Mumbai are some of the top MBA colleges in Mumbai with low fees than INR 60,000. The following are the Top MBA colleges in Mumbai with low fees:

Name of the CollegeAverage Annual Fees
K. C. College of Management Studies - [KCCMS], MumbaiINR 45,000
Indian School of Management & Studies - [ISMS], MumbaiINR 44,090
Mumbai University - [MU], MumbaiINR 55,000
K. J. Somaiya Comprehensive College of Education Training and Research - [KJSCE], MumbaiINR 36,250
IIT Bombay - Indian Institute of Technology - [IITB], MumbaiINR 50,400
National Academy of Management Studies - [NAMS], MumbaiINR 25,000
Hansraj Jivandas College of Education, MumbaiINR 6,600
University of Mumbai, Institute of Distance & Open Learning - [IDOL], MumbaiINR 17,625
SNDT Women's University, Centre of Distance Education - [SNDT CDE], MumbaiINR 15,800
Thakur Institute of Management Studies and Research - [TIMSR] MumbaiINR 63,791

Frequently Asked Questions

Q1. Which MBA college has best placement with low fees?

Ans. SIMSREE, Mumbai has best placement with low fees.

Q2. Can I do MBA with low fees?

Ans. Although the MBA fee at IIMs is relatively high in comparison to other MBA institutions in India, there are several items that provide low-fee MBA programs. While IIM Ahmedabad, Bangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programs for between Rs.10 Lakhs and Rs.15 Lakhs. The IIMs that provide low-fee MBAs are also among the best MBA schools providing low-fee programs. The following are some of the IIMs that offer low-cost MBA programs.

Q3. Which is the cheapest MBA college in India?

Ans. Students are well-trained in the fundamentals and advanced areas of the industry, and they are molded to become future world leaders. Some of the best affordable MBA colleges in India are distributed around the country so that students may choose when it is convenient for them rather than having to move around and look for colleges and courses in other states.

Name of the collegeCourse fees
(in Rs.)
FMS, DelhiRs. 0.20 lakhs
Department of Financial Studies (DFS), DURs. 0.48 lakhs
Delhi School of Economics, DURs. 0.31 lakhs
Tata Institute of Social Sciences (TISS), MumbaiRs. 1.14 lakhs
Pune University Department of Management Sciences (PUMBA)Rs. 1.32 lakhs
FMS BHURs. 0.98 lakhs
MSU BarodaRs. 0.29 lakhs
UBS ChandigarhRs. 0.38 lakhs
IGNOU DelhiRs. 0.37 lakhs
JMI New DelhiRs. 0.47 lakhs
Q4. Which IIM has the lowest fees for MBA?

Ans. IIM Sirmaur provides the most affordable MBA Fees. It was INR 11.75 lakh for the class of 2021-2023. Fees can be paid in installments, and scholarships and loan help are available.

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