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MBA Colleges With Low Fees and Good Placements

Saurav Anand | June 7, 2022

MBA Colleges With Low Fees and Good Placements

MBA colleges with low fees and good placements – A Masters of Business Administration or MBA are one of the most popular postgraduate programs that offer a wide range of career options to students. The program is available for candidates who have completed BBA, BCA, B.Tech, or any other bachelor’s degree. 

The course fee of the MBA program ranges from INR 10,000 to INR 35 Lakhs. Government colleges have lower fees in comparison to private MBA colleges. Many colleges in India offer an MBA program that suits the budget of every student. In this article, we have listed the top MBA colleges with low fees

Candidates who are looking for MBA colleges with a low fee structure are advised to check this article. 

You must have a good understanding of colleges before taking an MBA in India to get into the Best MBA Colleges With Low Fees and Good Placements.

Additionally, getting an excellent placement is a must after an MBA since you pay a lot to study at the Top MBA College in India. In addition, MBA Colleges With Low Fees and Good Placements may provide you with incredible long-term and short-term job options, as well as a wide range of professions you can pursue and fast career advancement.

Apart from offering many other benefits, these institutes should be your primary motivation for pursuing an MBA. Salaries are important, but they shouldn't be the primary motivator. Since many other characteristics cannot be examined until after an MBA program is completed, pay provided during campus placements is often utilized to judge the effectiveness of an MBA program.

MBA Colleges in India with Low Fees

The table provided below contains the Top MBA Colleges with Low Fees in India

Name of CollegesCourse NameCourse FeesAverage Salary Package
Faculty of Management Studies (FMS), Delhi UniversityMaster of Business AdministrationINR 94,000INR 26,40,000
Jamnalal Bajaj Institute of Management Studies (JIBMS), MumbaiMasters in Management StudiesINR 3,04,000INR 18,91,000
Tata Institute of Management Studies (TISS), MumbaiMA in Human Resource Management and Labor RelationsINR 2,38,000INR 19,62,000
Department of Management Sciences, (PUMBA) Savitribai Phule Pune University, PuneMaster of Business AdministrationINR 1,68,000INR 6,47,000
Department of Financial Studies, Delhi UniversityMBA in Financial ManagementINR 1,51,000INR 13,33,000
Christ University, BangaloreMaster of Business AdministrationINR 2,40,000INR 6,00,000
Delhi Technical University (DTU), DelhiMaster of Business AdministrationINR 2,79,000INR 6,40,000
Sydenham Institute of Management Studies Research and Entrepreneurship Education(SIMSREE), MumbaiPost Graduate Diploma in Business ManagementINR 1,36,000INR 8,10,000
Birla Institute of Technology and Science (BITS), PilaniMBA in Business AnalyticsINR 5,08,000INR 15,60,000
FMS Delhi

FMS Delhi

Approvals & Accreditation - AICTE Location - Delhi
Course

MBA

Fees

2 Lakhs

Christ University Bangalore

Christ University Bangalore

Approvals & Accreditation - UGC, NBA Location - Bangalore, Karnataka
Course

MBA

Fees

8.6 Lakhs

BITS Pilani

BITS Pilani

Approvals & Accreditation - UGC Location - Pilani, Rajasthan
Course

MBA

Fees

10 Lakhs

The best MBA colleges offer high RoI MBA programs with low fees in India. FMS, JBIMS, SIMSREE, PUMBA, USMS, and more Top B-Schools in India provide inexpensive MBAs. Some of them do not need you to take the CAT exam. They charge fees ranging from Rs.25000 to Rs.15 Lakhs for the whole MBA program, as opposed to many of the more expensive MBA universities, which charge fees ranging from Rs.18 lakhs to Rs.25 lakhs. This blog analyses the most competitive top MBA colleges offering 2-year full-time MBA/PGDM programs.

Top MBA colleges with low fees in India are distributed throughout the country and charge a fee from Rs.25000 to Rs.15 Lakhs for the full MBA curriculum. The only way to get into a top MBA institution is to do well on the entrance exam, such as the CAT/XAT/CMAT/MAH CET, and to apply for other needed academic requirements.

Top MBA Colleges with Low Fees in India

Among the top MBA colleges with low fees, the Delhi University School of Management Studies (FMS) is the top low-fee MBA college. Following are some of India’s ten lowest MBA college fees:

Top MBA college with Low FeesProgram FeeEntrance Exam Accepted
Faculty of Management Studies (FMS) Delhi – University of DelhiRs. 25,000CAT conducted by IIMs
Delhi School of Economics, Delhi UniversityRs. 31,000CAT conducted by IIMs
GGSIPU, DelhiRs. 56,000Own Entrance exam in April
PUMBA, PuneRs.1,34,000MAH CET/CAT/CMAT
SIMSREE, MumbaiRs.1,36,000MAH CET/CAT/CMAT/XAT
Jamnalal Bajaj Institute of Management Studies (JBIMS)Rs.6,00,000MAH CET/CAT/CMAT/XAT

MBA Colleges with Low Fees  – Other MBA Colleges with Low Fee

Apart from the above top MBA colleges with low fees, there are other top low-cost MBA colleges in India. Any of these MBA colleges with low costs are:

The very first feature of MBA colleges with low fees is that they deliver a low-fee university MBA. All of India’s leading B-schools that provide low-cost MBAs are associated with or run by Delhi University, Mumbai University, GGSIPU University Delhi, Delhi Technical University, and others. Any of the 20 IIMs is among the top 50 B-schools in India offering low-cost MBA programs.

Top MBA colleges in India include IIM Ahmedabad, IIM Calcutta, XLRI Jamshedpur, IIM Lucknow, IIM Indore, etc as per the NIRF rankings as well as other B-School surveys such as India Today and The Times. The best MBA colleges in India offer Regular MBA, Online as well as Distance MBA. In India, there are 4736 top MBA colleges amongst which 710 are government and 3969 are best private MBA colleges in India.

Lowest MBA fees in India – Register now for the latest MBA Exam & Admissions Updates

Top MBA college with Low FeesProgramme 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

Top low fees MBA colleges in India charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 2-year full-time residential MBA or PGDM program. Best MBA colleges with low fees like IIMs, XLRI, MDI, and SPJIMR have a fee structure between 17 lakhs to Rs.24 lakhs. Some of the top B-schools in India offering affordable MBA with low fees are either affiliated to or are the management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University among others. To get admission to a top MBA college with low fees, you should score high on the entrance exam like CAT/XAT/CMAT/MAH CET and have excellent academic/work experience. This article from MBAUniverse.com presents the best MBA colleges with low fees in India and will guide you in making the right MBA admission decision. Minimum fees for MBAs is from Rs. 50,000 to Rs. 10 Lakhs for a 2-year full-time residential MBA or PGDM program. 

Top MBA colleges with low fees structure is given below in the article, which are known to be providing amazing placement opportunities, some of the good MBA colleges with low fees are Bangalore University, Pune University, Panjab University etc.

MBA college with Low FeesProgram FeeEntrance Exam Accepted
Ambedkar University, DelhiRs.2,99,880CAT/AUD MBA Entrance Test
Delhi Technical University (Formerly Delhi College of Engg.)Rs.3,56,000CAT conducted by IIMs
NITIE MumbaiRs.14,63,000/-CAT conducted by IIMs
SJMSOM-IIT BombayRs.10,35,000/-CAT conducted by IIMs

Best MBA colleges in India with low fees without CAT

Many colleges in India offer MBA programs at a minimal cost. These courses are delivered based on entrance examinations conducted by the individual university. Here is a list of Best MBA colleges in India with low fees without CAT

Serial No.Name of CollegesFee Structure
1Guru Gobind Singh Indraprastha University [GGSIPU]INR 56,000
2Bangalore UniversityINR 66,000 to 75,000
3Visvesvaraya Technical University [VTU]INR 56,000 to 65,000
4Dr. B.R. Ambedkar UniversityINR 2,99,880
5University Business School - Panjab UniversityINR 50,000- 96,345
6Sydenham Institute of Management Studies, Research & Entrepreneurship Education [SIMSREE]INR 1,36,000
7Tata Institute of Social Sciences [TISS], MumbaiINR 1,14,600
8Department of Management Sciences, University of Pune [PUMBA]INR 1,34,000
9Jamnalal Bajaj Institute of Management Studies [JBIMS], MumbaiINR 6,00,000
10Pune Institute of Business Management, PuneINR 7,95,000

MBA Rankings in India 2023 (Top 50 MBA colleges in India)

MBA Colleges With Low Fees and Good Placements - We have ranked the MBA Colleges With Fees and Good Placements. The top MBA colleges in India include the Indian Institutes of Management (IIM), XLRI, ISB, IIT, SPJIMR, FMS Delhi University, MDI, IMT, and many more. Here is the list of the top 500 MBA colleges in India in 2023:

Sr.noMBA colleges with Best placementsProgramAverage/Mean/Median Salary (INR)Fees(Domestic)Accepted Exam
1IIM Calcutta, KolkataPGP34,20,00024,00,000CAT/GMAT
2Indian School of Business (ISB), HyderabadPGP34,08,00041,98,000GMAT/GRE
3IIM Bangalore, BangalorePGP33,82,00024,50,000CAT/GMAT
4IIM Ahmedabad, AhmedabadPGP33,81,86523,00,000CAT/GMAT
5FMS Delhi,MBA32,40,00020,960GMAT/CAT
6SPJIMR MumbaiPGDM32,05,00020,42,000GMAT/CAT/XAT
7IIM LucknowPGP31,03,00019,25,000CAT/GMAT
8XLRI Xavier School of Management, JamshedpurPGDM (Business Management)30,70,00023,60,000XAT/GMAT/CAT
9IIM KozhikodePGP29,50,00020,50,000CAT/GMAT
10JBIMS, MumbaiMMS27,63,0006,00,500MAH CET/CAT/CMAT
11IIT Bombay – Shailesh J Mehta School of Management MumbaiMBA25,90,0009,06,400CAT
12Indian Institute of Foreign Trade (IIFT Delhi)MBA in International Business25,16,00021,77,314IIFT/ GMAT
13IIM IndorePGP25,01,00021,14,222CAT/GMAT
14MDI Gurgaon – Management Development InstitutePGDM23,80,00028,16,200CAT/GMAT
15IIM ShillongPGP23,10,00014,60,000CAT/GMAT
16Pravin Dalal School of Entrepreneurship and Family business Management (NMIMS)MBA23,07,00017,50,000NMAT/GRE/GMAT
17National Institute of Industrial EngineeringPGDM22,00,00014,63,000CAT
18DMS IIT DelhiMBA21,90,00010,40,000CAT
19Symbiosis Institute of Business ManagementSIBM20,80,00021,27,950SNAP
20IIT KharagpurMBA19,36,00011,59,760CAT/GMAT
21MICA AhmedabadMBA19,00,8971,25,000CAT/XAT/GMAT
22IIM UdaipurMBA17,81,87217,90,000CAT
23IIM RaipurPGP17,73,12415,49,360CAT
24Xavier Institute of ManagementMBA-BM17,54,00019,90,000XAT/GMAT/CAT/x-GMAT/NMAT
25IMT GhaziabadPGDM17,35,00019,53,000CAT/GMAT/XAT
26IIM TrichyPGP17,01,00018,00,000CAT
27DoMS IIT MadrasMBA16,66,0009,14,000CAT
28IIT KanpurMBA16,61,00010,97,600CAT
29IIM RanchiPGDM16,17,00015,30,000CAT
30IMI Delhi – International Management InstitutePGDM15,28,00020,19,060CAT/GMAT
31IIM KashipurMBA15,21,00017,30,000CAT
32IIM NagpurPGP15,21,00018,00,000CAT
33Indian Institute of Management VisakhapatnamMBA15,06,00016,79,920CAT
34FORE School of ManagementPGDM14,04,00016,98,000CAT/XAT/GMAT
35IIM RohtakPGP13,74,00016,10,000CAT/ GMAT
36IIM Jammu – Indian Institute of ManagementMBA13,53,00017,15,000CAT
37IIM Sirmaur – Indian Institute of ManagementMBA12,74,00015,75,000CAT
38IIM AmritsarMBA12,67,94713,20,000CAT
39IIM Sambalpur – Indian Institute of ManagementPGP12,64,00013,03,000CAT
40Great Lakes Institute of ManagementPGDM12,50,00018,75,000CAT/GMAT/XAT/CMAT
41TAPMI Manipal – T A Pai Management InstitutePGDM12,50,00016,50,000CAT/XAT/GMAT
42Prin. L. N. Welingkar Institute of Management Development and Research – Online Distance Learning CenterPGDM12,25,00013,00,000CAT/MAT/XAT/CMAT/ATMA
43GIM – Goa Institute of ManagementPGDM12,14,53418,31,200CAT/XAT/GMAT/CMAT
44Jaipuria Institute of ManagementPGDM11,49,00011,25,000CAT/ MAT/ XAT/ CMAT/ GMAT
45IRMA – Institute of Rural Management AnandPGDRM11,39,00010,10,000CAT/XAT/IRMASAT
46LBSIM – Lal Bahadur Shastri Institute of Management, DelhiPGDM11,30,00013,90,000GMAT/CAT
47LIBA – Loyola Institute of Business Administration, ChennaiPGDM11,00,00016,99,500CAT/XAT
48IIT Roorkee – Indian Institute of TechnologyMBA10,58,00016,80,000CAT
49Institute of Management Nirma University, AhmedabadMBA10,50,00010,04,000CAT
50IMI Kolkata – International Management InstitutionPGDM10,03,00013,00,000CAT/XAT/GMAT
Indian Institute of Management Calcutta

Indian Institute of Management Calcutta

Approvals & Accreditation - AACSB, EQUIS, AMBA Location - Calcutta, West Bengal
Course

MBA

Fees

27 Lakhs

Indian Institute of Management Bangalore

Indian Institute of Management Bangalore

Approvals & Accreditation - EQUIS Location - Bangalore
Course

MBA

Fees

24.5 Lakhs

Indian Institute of Management Ahmedabad

Indian Institute of Management Ahmedabad

Approvals & Accreditation - MHRD Location - Ahmedabad, Gujarat
Course

MBA

Fees

24.61 Lakhs

SP Jain Mumbai

SP Jain Mumbai

Approvals & Accreditation - AICTE, NBA, AACSB, AMBA Location - Mumbai, Maharastra
Course

PGDM

Fees

20.42 Lakhs

Given below is a summary of the Best MBA colleges in India with low fees without CAT

Guru Gobind Singh Indraprastha University [GGSIPU]

Guru Gobind Singh Indraprastha University, also known as GGSIPU, was established under the Guru Gobind Singh Indraprastha University Act, Government of Delhi, in 1998. It is accredited through the Association of Indian Universities [AIUas well as The University Grant Commission [UGC]. GGSIPU has been recognized by UGC and is accredited by the NAAC. The university provides undergraduate, postgraduate, and doctoral degrees. Alongside the highest quality education, it also grants students with financial aid.

Bangalore University

Bangalore University was established in 1964 in order to provide a class-apart curriculum to students enrolled in various courses. It is one of the top institutions in India and has been approved by NAAC which is recognized and endorsed by UGC. It offers a range of undergraduate and postgraduate classes in the fields of arts, social sciences and commerce, science technology, law and. MBA can be considered among the most choices of courses.

Visvesvaraya Technical University [VTU]

VTU is among the top universities in India which offers programs in engineering and technical research, education, and innovation since the beginning of its existence at the end of 1998. VTU includes 219 college affiliated as well as one constituent college, and 17 autonomous colleges. It offers 35 undergraduate courses and 94 postgraduate programs that are in the Engineering discipline as well as the MBA program. Admission to courses is determined by admission tests.

Dr. B.R. Ambedkar University

Dr. B.R. Ambedkar University (Ambedkar University Delhi or AUD) was established by the Government of the National Capital Territory of Delhi through an Act of Legislature in 2007. The main purpose of this university is to promote respect for the diversity of society and to promote honesty, humility, dedication for human values, collaboration, and openness. AUD offers admission to a variety of undergraduate and postgraduate programs.

In addition, there are 44 seats available to MBA programs. Candidates must achieve at least 50% on their final exams to be eligible for admission.

University Business School – Panjab University

University Business School (UBS) has been offering management courses for decades , since its inception around 1995. UBS has always been ranked among the best management schools across India. In addition, the University Grant Commission recognizes UBS. UGC has provided funding to its University Business School under its famous ASIHHS Program.

The admission to MBA program MBA program is granted upon passing the entrance test administered through Panjab University and based on your performance during the GD round.

Sydenham Institute of Management Studies, Research & Entrepreneurship Education (SIMSREE)

SIMSREE is well-known for the high-quality training it has provided since its founding at the age of 1983. It is accredited through the All India Council for Technical Education [AICTEThe AICTE. It offers courses in a variety of management disciplines, based on admission tests. In order to be eligible for admission to MBA programs, students must be able to score at least 55% overall from any accredited institution or comparable.

Tata Institute of Social Sciences [TISS]

The institute was initially founded in 1936, the institute was initially named Sir Dorabji the Tata Graduate School for Social Work, the school in 1936, the school was changed in 1934 to Tata Institute of Social Sciences in 1944. The primary goal that the Institute has is to provide higher education to an ever-changing society. It has been acknowledged through The University Grants Commission Act (UGC) since 1956. It offers postgraduate and research programs.

Department of Management Sciences, University of Pune [PUMBA]

Since its inception around 1971 Since its inception, the Department of Management Sciences, University of Pune (PUMBA) has helped shape the future of students by offering top-quality training and facilities. PMBA is acknowledged as a university by University Grants Commission (UGC) as the University of Potential Excellence.

Admissions to the various MBA programs are made via entrance exams. Students must achieve at least 50% of their total score in order to be considered to be considered for admission.

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

JBIMS was founded in 1965 and is affiliated to the University of Mumbai. JBIMS is endorsed through the All India Council for Technical Education [AICTEIt is a member of the All India Council for Technical Education [AICTE]. The goal of JBIMS is to sustain high standards and help young minds develop into professional leaders. The institute organizes various seminars and has guests lecturers to enhance the education of students. It is also one of the top B-schools in the entire country.

Pune Institute of Business Management [PIBM]

Since its beginning 2007 Pune Institute of Business Management is among the top management schools in Pune. In the past students have favored the admissions to this institution over other institutions. The institute is associated to Savitribai Phule Pune University (SPPU) and is accredited by NAAC. It provides MBA, PGDM and PGDM Executive courses in various areas of specialization. Additionally, it organizes a variety of seminars, summits, and digital courses.

Best MBA colleges in India with low fees without CAT admission test provide individuals with identical educational opportunities as those who have CAT scores. CAT scores, on the other hand, are generally recognized, but with the tremendous growth in competition, no one student can pass the CAT exam. As a result, they look for MBA programs that do not need the CAT.

Furthermore, MBA course expenses are often on the pricier side. It might be difficult for students to organize course costs at times. However, there are certain colleges that provide direct admission to pupils.

Other Top MBA Colleges With Low Fees and Good Placements

Admission for the year 2023 will be Open, you can stay connected for more updates.

MBA Colleges With Low Fees and Good Placements as shared below offer AICTE-approved/UGC-recognized MBA programmes.

Contact Formfees as we will help you to apply for MBA admission 2023 in these top MBA colleges with a low fee structure.

A list of some of the best MBA Colleges With Low Fees and Good Placements with admission 2023 open is shared below

S. No.Institute NameFees
1Gitarattan International Business School - GIBS DelhiRs. 3.76 Lakhs
2Sri Sri University CuttackRs. 6. 60 Lakhs
3Siva Sivani Institute of Management (SSIM) HyderabadRs. 6. 90 Lakhs
 4Kohinoor Management School MumbaiRs. 7. 00 Lakhs
Durgadevi Saraf Global Business School (DSGS) MumbaiRs. 7. 25 Lakhs
6Rajagiri Business School (RBS) KochiRs. 7. 36 Lakhs
7Vignana Jyothi Institute of Management (VJIM) HyderabadRs. 7. 60 Lakhs
8Chandragupt Institute of Management Patna (CIMP)Rs. 7. 65 Lakhs
9Aditya School of Business Management  (ASBM) MumbaiRs. 7. 80 Lakhs
10Rajalakshmi School of Business (RSB) ChennaiRs. 7. 82 Lakhs

MBA Colleges With Low Fees and Good Placements (IIMs)

While we compare the MBA Fees in India, IIMs often provide scholarship opportunities and other facilities to help students and there are many IIMs with low fee MBA.

While IIM Ahmedabad, IIM Bangalore, and IIM Calcutta have a fee structure between 21 lakhs and 25 lakhs, listed below are the colleges that cost around Rs.13 Lakhs and Rs.15 lakhs. The IIMs offering low fee MBA are also among the top MBA Colleges With Low Fees and Good Placements.

IIMs with Low Fee MBA MBA Fee Structure
IIM AmritsarRs.16,00,000
IIM BodhgayaRs.15,50,000
IIM JammuRs.17,15,000
IIM NagpurRs.13,75,000
IIM RaipurRs.14,36,000
IIM RohtakRs.17,90,000
IIM TiruchirappalliRs.19,50,000
IIM UdaipurRs.21,40,000
IIM SirmaurRs.11,75,000
IIM SambalpurRs.13,03,000
IIM VisakhapatnamRs.17,85,000

 MBA Colleges With Low Fees and Good Placements in Bangalore

MBA colleges affiliated to Bangalore University or Visvesvaraya Technical University (VTU) offer MBA with low fees in Bangalore.

The  MBA Colleges With Low Fees and Good Placements is offered by all these top MBA colleges affiliated with Bangalore University. Additionally, affiliated colleges of Visvesvaraya Technical University (VTU) offer MBAs with low fees in Bangalore

MBA with Low Fee in BangaloreProgramme FeeEntrance Exam Accepted
Bangalore UniversityRs. 70,000 to 100,000PGCET & Other National Exams
Visvesvaraya Technical University (VTU), BangaloreRs. 60,000 to 70,000PGCET & Other National Exam

Karnataka domicile and All India category candidates opting for the Bangalore University or VTU MBA programmes offered by university-affiliated MBA colleges, however, face different fee structures. Karnataka domicile candidates pay very low MBA fees in MBA colleges, while All India candidates must pay higher fees

MBA Colleges With Low Fees and Good Placements in Delhi NCR

 MBA Colleges With Low Fees and Good Placements in Delhi NCR is offered by Delhi University MBA colleges as well as GGSIPU MBA colleges as shared below

MBA with Low Fee in Delhi NCRProgramme FeeEntrance Exam Accepted
FMS Delhi (University of Delhi)Rs. 1,94,000CAT (Common Admission Test conducted by IIMs)
DSE Delhi (University of DelhiRs. 32,000CAT (Common Admission Test conducted by IIMs)
USMS (GGSIPU Delhi)Rs. 1,92,000CAT (Common Admission Test conducted by IIMs)
DoMS-IIT DelhiRs.10,40,000CAT (Common Admission Test conducted by IIMs)
SBPPSE (Ambedkar University, Delhi)Rs.3,00,000Own Admission Test & CMAT
Delhi Technical University (Formerly Delhi College of Engg.)Rs.4,25,000CAT & MAT

MBA Colleges With Low Fees and Good Placements in Mumbai

MBA with Low Fees in Mumbai is offered by some of the top MBA colleges affiliated with Mumbai University/Pune University, such as JBIMS, SIMSREE, and PUMBA. These colleges offer MBA with Low Fee in Mumbai through the Centralized Admission Process of DTE Maharashtra.

Besides IIT Bombay, NITIE Mumbai also offers MBA with low fees in Mumbai. Some of the  Top MBA Colleges With Low Fees and Good Placements in Mumbai are shared below

MBA with Low Fee in MumbaiProgramme FeeEntrance Exam Accepted
Jamna Lal Bajaj Institute of Management studies (JBIMS) MumbaiRs.6,00,000MAH-CET/CAT
SJMSoM-IIT BombayRs.10,08,000CAT
NITIE MumbaiRs.14,65,000CAT
PUMBA, PuneRs.   1,34,000MAH-CET/CAT
SIMSREE, MumbaiRs.   1,36,000MAH-CET/CAT

Other  MBA Colleges With Low Fees and Good Placements in India -

Some  MBA Colleges With Low Fees and Good Placements are still accepting applications for admission, although most have closed their applications, you can contact Formfees and get the details of the latest MBA Colleges in India with Good Placement and Low Fees.

Here are some other  MBA Colleges With Low Fees and Good Placements:

MBA CollegeFees (Rupees)Exams Accepted
VIT Business School Vellore7,02,000CAT/XAT/CMAT/MAT/NMAT
Chandragupt Institute of Management Patna7,65,000CAT/XAT/CMAT
IMS Ghaziabad7,95,000CAT/XAT/CMAT/MAT/NMAT
VJIM Hyderabad7,60,000CAT/XAT/CMAT/MAT/TSICET/PGCET
JIMS Rohini Delhi8,70,000CAT/XAT/CMAT/MAT
SCMS Cochin7,95,000CAT/XAT/CMAT/MAT
GBS Kolkata8,35,000CAT/XAT/CMAT/MAT
Jaipuria School of Business, Ghaziabad8,20,000CAT/XAT/CMAT/MAT
Firebird Institute of Research in Management Coimbatore5,30,000CAT/XAT/CMAT/MAT
K R Mangalam University Delhi2,60,000CAT/XAT/CMAT/MAT
St. Kabir Institute of Professional Studies Ahmedabad4,95,000CAT/XAT/CMAT/MAT
SRM University Chennai5,00,000CAT/XAT/CMAT/TANCET
IMS Ghaziabad (University Courses Campus)6,11,000CAT/XAT/CMAT/MAT
Pune Business School5,50,000CAT/XAT/CMAT/MAT
NSB Academy Bangalore8,30,000CAT/XAT/CMAT/MAT/PGCET
MITCON Pune5,25,000CAT/XAT/CMAT/MAT

Top Distance MBA Colleges in India

Distance MBA is the duly recognized course approved by the University Grants Commission (UGC). It is the most suitable alternative for working professionals as well as other students who cannot participate in traditional classroom MBA courses. This regulation, known as the UGC (Online Courses) Regulations 2018 was published on the 24th of May 2018 that higher education institutions are able to offer distance learning online degrees, certificates, and diplomas that are comparable to their traditional classroom programs. In the midst of the COVID-19 pandemic, Distance MBA can fulfill the goal of completing an MBA by preventing social isolation and fighting the Coronavirus.

Institutions that have offered these courses, which have been recognized by the state authority on an undergraduate basis, either as regular classroom programs or as open and distance learning programs and in which at least one class has been completed, are able to offer distance-learning programmes. These online Distance learning courses require at least a National Assessment and Accreditation Council (NAAC) score of 3.26 on a scale of 4 points.

If you’re looking for Distance MBA courses, there are a lot of MBA institutions that offer Distance MBA in India. However, there are handful of them that provide an excellent value for energy and effort. This article written by MBAUniverse.com experts will assist you in deciding the best Distance MBA Program to select. What exactly is a Distance MBA?

Distance MBA course is an affordable and flexible Government-recognized MBA program that does not require regular classes. If you’re not able to complete a full-time MBA due to time constraints or because of the high costs, Distance MBA Education is an alternative. The top Distance MBA colleges in India provide off-line Correspondence MBAs, Online MBAs or a combination of the two in a distance learning mode. Distance education, such as Distance MBA, is controlled by the University Grants Commission (UGC) which is working to enhance the quality of education and improve the governance of this sector.

Different types of Distance MBA Colleges

Ministry of HRD, Government of India has approved six kinds of institutions to provide Distance Education and Distance MBA in India:

  1. Distance MBA program offered through National Open University or IGNOU
  2. Distance MBA is offered through State Open Universities
  3. Distance Education Institutions (DEIs) located in Institutions of National Importance

Central Universities – Central Universities

State Universities

  • Considered to be Universities
  • State Private Universities

Distance MBA provided through DEIs at stand-alone institutions

  • Professional Associations
  • Institutions of the Government

Private institutions

The top MBA colleges in India offer Regular MBA, Online MBA as well as Distance MBA. There are around 71 top MBA colleges in India that offer Distance MBA. MBA Distance Education Colleges are available in all major cities in India. Colleges like IGNOU, Annamalai University, and Madras University for Distance Education offer MBA Courses in various specializations. Tabulated below are the top Distance MBA colleges in India with average annual fees

College NameDistance MBA Fees
Indira Gandhi National Open University (IGNOU), New DelhiINR 37,000
ICFAI Foundation for Higher Education, HyderabadINR 1,10,000
Symbiosis Centre for Distance LearningINR 50,000
Institute of Management Technology Centre for Distance Learning, GhaziabadINR 1,31,000
BBG Distance Learning CentreINR 76,000
ICFAI University, Directorate of Distance Education, AgartalaINR 60,000
IMT Ghaziabad Centre for Distance LearningINR 1,22,000
Annamalai University, CuddaloreINR 1,14,100
Narsee Monjee School for Continuing Education, MumbaiINR 144,000
MIT School of Distance Education, PuneINR 60,000

Top Online MBA Colleges in India

Many top MBA colleges in India now started offering Online MBA due to pandemics and various other reasons. Students unable to attend regular classes can pursue an Online MBA. Check out the top Online MBA colleges in India with average annual fees

College NameOnline MBA Fees
Amity University, NoidaINR 1,20,000 – 3,50,000
Jaipur National University, JaipurINR 43,100
Jaipuria Institute of ManagementINR 1,90,500
Indira Gandhi National Open University (IGNOU)INR 37, 800
Pondicherry University, Directorate of Distance EducationINR 24,925
National Institute of Business Management, PuneINR 22,000
Venkateshwara Open University, NaharlagunINR 89,500
Assam Don Bosco University, GuwahatiINR 1,00,000
Karnataka State Open University, MysoreINR 35,000
NMIMS Global Access School for Continuing Education, MumbaiINR 86,000

Conclusion

MBA from India is likely to be the only postgraduate program that is short-term and has a high yield. The biggest obstacle when it comes to completing an MBA at the top MBA college is the high cost, in addition to being prepared well and scoring highly in the entrance test. Your dream of completing an MBA at one of the top MBA colleges rests on two essential elements – the two-year MBA fee and the potential for career advancement based on the current trends in placement that is, what is the ROI on your investment.

It is now easier to make the choice of pursuing MBA thanks to the MBA fee structure with a low price at a glance at the top MBA schools that have low fees. This will assist you in arranging your financial plan for the MBA program from one of the best B-schools across India.

We hope this article was helpful in giving a broad overview of MBA colleges that have low fees in India and their admissions status. This page will be updated regularly with the most current information.

Frequently Asked Questions about MBA Colleges With Low Fees and Good Placements

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

Ans. Top MBA Colleges in India With Low Fees

B-schoolCourse NameFees
ASM's Institute of Business Management and Research-IBMRMBAINR 3 L - 6.5 L
Amity UniversityMBA in Agriculture and Food BusinessINR 4.86 L - 20.16 L
Ambedkar UniversityMBAINR 3 L
AIMS Institute of Management StudiesMBAINR 3.95 L - 5.9 L

Q. Which IIM has the lowest fees for an MBA?

Ans. IIM Sirmaur has the lowest MBA fees. For the batch of 2021-2023, it was INR 11.75 lakh. The fees can be paid in instalments and there are scholarships and loan assistance available.

Q. Which is the cheapest IIM in India?

Ans. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. The Indian Institute of Management-Ranchi, the youngest IIM in the country is also its cheapest. Ahmedabad, the most expensive of the country’s eight IIMs, charges.

Q. Can I do an MBA for free?

Ans. Yes, top business schools do offer free online MBA courses as well as a variety of other classes. Many of these courses are available through Coursera and edX. Business Insider wrangled a list of free online courses and the top Universities that offer them.

Q. Why IIM fees are so high?

Ans. Although IIMs are government institutes, most IIMs are self reliant and do no depend on government for funding. Hence to attract quality professors they need to charge higher fee.

Q. Which test is recognized to be accepted by the Tata Institute for Management Studies? What is the fee for admission?

Ans. TISSNET is approved as a valid application to the Tata Institute for Management Studies. The cost of admission to TISS will be the equivalent of INR 1.02 lakhs.

Q. I was a candidate for the ATMA exam in 2022 (February session). Am I able to get into Christ International University?

Ans. It is true that the ATMA score is accepted at Christ University.

Q. What is the minimum I have to score on the the CAT exam in order to gain admission into FMS, Delhi?

Ans. Candidates who want to be admitted into FMS need to score at minimum 98% on aggregate in the CAT test.

Q. Does FMS, Delhi provide scholarships?

Ans. Absolutely, FMS provides the following scholarship opportunities:

  • OPJEMS scholarship
  • NTPC scholarship
  • Aditya Birla scholarship

Q. How many tests are recognized as valid by Jamnalal Bajaj Institute of Management Studies?

Ans. JBIMS, Mumbai accepts scores of CAT GMAT, XAT ATMA CMAT, MAH, and CET.

He or She scored 95 percent in the CMAT test. Are they eligible to be admitted to at the 

Q. Department of Management Studies, Pune University?

Ans. The typical CMAT score for Pune University is between 95-99 percentile. Students who score 95 percent on the CMAT test have a good chance of being accepted into this university.

Q. Is the cost of accommodation included in the admissions fees at TISS?

Ans. The admissions cost is for Day Scholars and Hostelers is different at TISS. If the applicant prefers accommodation, fees for admission will include an accommodation charge.

Q. Does the Department of Financial Studies, University of Delhi accept scores from entrance exams other than the CAT?

Ans. The scores of CAT exams are recognized at The Department of Financial Studies, University of Delhi.

Q. How do I find the cutoff for CAT? Amity University?

Ans. Amity University provides admissions to students who score between 70 and 80 percentile on the CAT exam.

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