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Top MBA Colleges with Low Fees Structure 2022

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

 Saurav Anand
 Saurav Anand 19/09/2022
19/09/2022
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

Low Fees MBA Colleges in India 2022 provide MBA programmes with a great return on investment. FMSUSMSSIMSREEJBIMSUBSPUMBA, 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, 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 programme. Other prominent MBA Colleges in India, such as IIMs, MDIXLRI, 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 UniversityBangalore University, GGSIPU University DelhiDelhi UniversityPune 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 CAT, MAT, CMAT and more and have a learning experience.

MBA colleges in India with Fees- 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 other B-School surveys such as The Times and India Today. In this article, you can see Top MBA colleges in India with Fees in 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.

Best MBA private colleges in India with fee structure could be around 10-20 Lakhs depending on the institute, the fee structure depends on a lot of things like how the institute is and how is the institute is doing in terms of placement, infrastructure, etc. 

Best private MBA college in India with fees structure -  Xavier School of Management (XLRI), Jamshedpur · XAT, GMAT, Rs. 8,50,000 - Rs. 20,00,000

Direct MBA   admission in top colleges india with less fees - the direct admission may include scholarships or an entrance exam result depending on the institute

Top MBA Colleges in India With Low Fees

B-schoolCourse Name*Fees
ASM's Institute of Business Management and Research-IBMRMBA  INR 3 L - 6.5 L
Amity UniversityMBA   in Agriculture and Food BusinessINR 4.86 L - 20.16 L
Ambedkar UniversityMBA  INR 3 L
AIMS Institute of Management StudiesMBA  INR 3.95 L - 5.9 L

Government colleges for MBA  in India with fee structure. Get details info on courses, placements, etc below in the article. 

MBA Colleges with Low Fees

MBA is one of the most popular postgraduate programmes 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 programmes 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

Low fees MBA  Colleges in India with Low CAT  Cutoff

InstitutePlacePercentile
Jagganath International Management School(JIMS)New Delhi50 and above
Acharya Bangalore Business SchoolBangalore50 and above
Doon Business SchoolDehradun50 and above
Bengal Institute of Business StudiesKolkata50 and above

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 programmes. While IIM AhmedabadBangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programmes 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 programmes 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
The 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

MBA  Colleges in India MBA  Colleges in India with Fees

MBA  colleges in India with affordable fees and highly rewarding includes FMS Delhi – Faculty of Management Studies University of Delhi.

  • JBIMS MuMBAi– Jamnalal Bajaj Institute of Management Studies.
  • PUMBA  Pune – Department of Management Sciences Savitribai Phule Pune University.

Around 8% of MBA colleges accepting MAT in India are affordable with a fee structure of less than Rs 1 lakh. Some of these colleges are MBA colleges in India with low fees with mat

  1. Bharathidasan University, Palkalaiperur Campus, Tiruchirappalli.
  2. Calcutta University, Kolkata.
  3. Xavier's College, Bangalore.
  4. Burdwan University, Bardhaman.

MBA colleges in India with good placement and low fees - Tata Institute of Management Studies and the admission fee at TISS is INR 1.02 lakhs.

MBA colleges in India with Low Fees without CAT

  1. IILM - Institute for Higher Education, New Delhi.
  2. Symbiosis Institute of Business Management (SIBM), Pune.
  3. SVKM's NMIMS, Mumbai.
  4. IIFT: Indian Institute of Foreign Trade, New Delhi.
  5. XLRI: Xavier Institute of Management, Jamshedpur.

MBA  colleges in India with fees structure ranging from INR 20,000 to INR 40 lakh for the two-year full-time program. Take a look at MBA  college fees in India range-wise also know the reason why MBA  fee structure varies from one institute to another. MBA  fees in India for the full-time program range from MBA  colleges in India with low fee structures from INR 20,000 to INR 40 lakh.

MBA  colleges in India without entrance exam with fee structure - When it comes to Direct MBA  Admissions in India, private universities and B-schools have emerged as the most viable alternative for MBA  aspirants. 

Some of the colleges are: School of Inspired Leadership SOIL, GurgaonRegenesys Institute of Management Mumbai Amity Global B-school School (Amity University) in Delhi NCR, Bangalore, Pune, Mumbai and many other locationsCII School of Logistics, Amity University, NoidaGIBS, Bangalore

MBA  Colleges in South India with Fee Structure

Name of the CollegeLocationFees (approx.)
Loyola Institute of Business Administration (LIBA)ChennaiRs. 11.5 lakh
T. A. Pai Management Institute (TAPMI)ManipalRs. 17 lakh
Great Lakes Institute of ManagementChennaiRs. 11.4 lakh
Symbiosis Institute of Business ManagementBangaloreRs. 20.50 lakh

Top MBA  Colleges with Low Fees Structure in India

MBA  collegs with low fees in indiaProgramme Fee
Faculty of Management Studies (FMS) Delhi – University of DelhiRs. 1,94,000
Delhi School of Economics, Delhi UniversityRs. 32,000
GGSIPU, DelhiRs. 59,000
PUMBA  , PuneRs. 1,34,000

MBA  in Information Technology Colleges in India with Fees

Kalinga Institute of Industrial Technology- School of Management.
FeesExam ScoreSelection Process
INR 14.50 lakhCAT | XAT | CMAT| MAT| ATMA| KITEE Management| KIITEEGD/PI
MBA  in Public Relations Colleges in India with Low Fees
  1. University of Mumbai
  2. Indian Institute of Mass Communication, New Delhi
  3. Symbiosis Institute of Media and communication, Pune
  4. St. Xaviers, Mumbai
  5. Delhi School of communication, New Delhi

MBA  Top Colleges in India with Course Fee

Best Private MBA   Colleges in IndiaCourse Fee (in INR)
XLRI Xavier School of Management, Jamshedpur23.60 L
MDI Gurgaon21.34 L
NITIE, Mumbai11.33 L
SPJIMR, Mumbai17.87 L

MBA   top private colleges in India with fee and packages for one of the top institutes except IIMs includes-

  • MDI Gurgaon fees 21.34 Lakh - Placement Package 23.15 LPA
  • IIFT Delhi fees 8.75 Lakh - Placement Package 21.08 LPA
  • SIBM Pune fees 10.20 Lakh - Placement Package - 19.56 LPA
  • SPJIMR, Mumbai fees 17.87 Lakh - Placement Package 19.50 LPA

Admission Procedure for Top Management Colleges in India

Before applying to any of India's best MBA   programs, one of the first things to look at is eligibility. Some of the most prevalent qualifying requirements for MBA   admissions are as follows:

  • Applicants must have finished their graduation level studies from any recognized university and should have secured a minimum of 50% as an aggregate mark during that period. 
  • Students who are in their final year of graduation can also apply for the MBA   degree in top colleges in India. 

Entrance Exams to get into the Top MBA Colleges in India

All qualified students will be competing for admission to the top MBA   universities based on their performance in the different MBA   entrance tests. Because most of the top MBA   institutions in India accept CAT results, it has the most applications. The following are some of the most popular management admission tests in India:

  • CAT
  • XAT
  • CMAT
  • MAT
  • SNAP
  • MAH CET 
  • GMAT

Top Five Management Colleges in India Based on Top Specializations

Top MBA Colleges offering MBA in Sales and Marketing 

  1. Indian Institute of Management, Ahmedabad 
  2. Narsee Monjee Institute of Management Studies, Mumbai 
  3. Indian Institute of Management, Kolkata 
  4. Vinod Gupta School of Management, IIT Kharagpur 
  5. Indian Institute of Management, Indore 

Top MBA Colleges offering MBA in Human Resources 

  1. Indian Institute of Management, Bangalore 
  2. XLRI Xavier School of Management, Jamshedpur 
  3. Shailesh J. Mehta School of Management, IIT BoMBA  y 
  4. Department of Management Studies, IIT, Roorkee 
  5. MDI Gurgaon 

Top MBA Colleges offering MBA in Foreign Trade 

  1. Indian Institute of Foreign Trade, New Delhi 
  2. JMI Delhi
  3. Loyola Institute of Business Administration, Chennai 
  4. Institute of Management Studies, BHU, Varanasi 
  5. Institute of Management, Nirma University, Ahmedabad

How to select the Best MBA Colleges in India? 

Choosing an MBA   college that is suitable in all aspects requires a bit of research. Some steps to narrow down the choice of college are

  • Choose a college that provides the specialization you are interested in. 
  • College accreditation or affiliation matters the most. Look out for this. 
  • Go through the list of faculty members (do a check on their experience and qualification). 
  • Go through the course content and see if all you need to learn for your future is provided in there. 
  • Infrastructure and alumni needs to be considered too. 
  • Placement options give a clear idea about the legacy of the college, so, check that out always. 

MBA  admissions into India 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.

List of all MBA  college in india with low fees include the 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 IndiaIIMs, 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 structure 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 BoMBA  yINR 1,00,000
IIT MadrasINR 4,10,000
IIT KharagpurINR 1,64,558
IIT DelhiINR 10,24,000
IIT RoorkeeINR 4,28,000

Top 50 MBA  Colleges in India 2022

We have ranked the top MBA  colleges in India based on post-MBA  salary based on the most recent NIRF ranking 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 Top 50 MBA  Colleges in India.

Sr.noNIRF 2021 RankingTop MBA  Colleges in IndiaLocationProgramAverage/Mean/Median Salary (INR)
12IIM BangaloreBangalorePGP28,96,000
23IIM CalcuttaKolkataPGP27,00,000
3NAIndian School of Business (ISB)HyderabadPGP28,29,000
47IIM LucknowLucknowPGP26,00,000
5NAFMS DelhiDelhiMBA  26,00,000
619SPJIMR MumbaiMumbaiPGDM25,00,000
78XLRI Xavier School of ManagementJamshedpurPGDM (Business Management)24,30,000
86IIM IndoreIndorePGP23,60,000
911MDI Gurgoan – Management Development InstituteGurugramPGDM22,00,000
101IIM AhmedabadAhmedabadPGP22,82,000

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 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, CoiMBA  tore14,000
Central Agricultural University, Imphal5,96,000
Visvesvaraya Technological University, Belgaum11,79,200

Best Private Colleges in India 2022

There are approximately 3969 recognised 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 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

Top MBA Colleges in India Placement Wise

India is home to some of the top MBA  colleges in 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 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 BoMBA  yINR 32.8 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:

1. Which MBA college has the best placement with low fees?

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

2. 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 IIMs that provide low-fee MBA programmes. While IIM AhmedabadBangalore, and Calcutta have cost structures ranging from 21 lakhs to 24 lakhs, certain IIMs offer MBA programmes 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:

3. 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 moulded 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

4. 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 instalments, and scholarships and loan help are available.

5. 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, CoiMBA  tore14,000
Central Agricultural University, Imphal5,96,000
Visvesvaraya Technological University, Belgaum11,79,200

6. What is 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.

7. Which is the No 1 MBA  colleges 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.

8. 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 programmes include Certificate Courses in Management, Marketing Management, Business Strategy, and Entrepreneurship.

9. Which college has best placement for MBA  in India?

Ans. According to placement for MBA  in India IIM Ahmedabad is the best.

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