Top MBA Colleges in India with less Fees
Saurav Anand
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September 21, 2022
Top MBA Colleges in India With Less Fees
Top MBA colleges in india with less fees – Top low fees MBA colleges in India charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 years 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 the 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 academics/work experience. This article from MBAUniverse.com presents the best MBA colleges with low fees in India and will guide you in taking the right MBA admission decision. Minimum fees for mba is from Rs. 50,000 to Rs. 10 Lakhs for a 2-year full-time residential MBA or PGDM program.
IIFT is another common management entrance test that is administered by the National Testing Agency to determine eligibility for admission to MBA IB (International Business).
Many top Indian government MBA colleges also accept /MAT scores. It is done four times a year to be eligible for admission into more than 500 B-Schools in India.
Common MBA Courses in India
- Marketing and Sales
- Human Resource Management
- Banking and Finance
- International Business
Q. What is the placement assistance offered by Top Government MBA Colleges of India?
Ans. It is not surprising that every year, many candidates take entrance exams in an attempt to gain admission to top Indian government MBA colleges. The colleges offer excellent placements and a wide range of professional opportunities. IIMs are well-known for their placement support. The median package IIM Ahmedabad students receive is 22.80 LPA, according to statistics from previous years. Excellent support is also available at other Indian government MBA colleges.
- Top MBA Colleges with Low Fees: India’s Lowest Fee MBA colleges are the high RoI Management Institutes
- Top MBA colleges in India with Low Fee charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 year full time residential MBA or PGDM programme. Other prominent MBA institutions, such as IIMs, XLRI, MDI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs.
- Some of the best B-schools in India offering low-cost MBA programs are associated with or management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To gain admission to a top MBA schools with inexpensive tuition, you must do well on an entrance test such as the CAT/XAT/CMAT/MAH CET and have great academics/work experience.
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.
What are the Top MBA colleges with low fees in India? It’s one of the frequently asked questions we come across and this article provides you with the latest information on the Best B-Schools and the last dates to apply for their courses. Top MBA Colleges in India With Low Fees. Faculty of Management Studies is one of the top-ranking management institutes in India which offer MBA courses at the cheapest prices starting at Rs 20,960 only. It is one of the best mba colleges in india with low fees.
It is not easy to get into the top MBA colleges in India, as the competition increases more and more and seats in these best MBA colleges in India shank every year. Every student dreams to study at the top 10 MBA colleges in India like IIMs but only a percent gets selected, Being an MBA aspirant the first thing one looks for is the number of intakes in the flagship program in order to assess the chance of securing admission in these MBA colleges. Although there are many top MBA colleges divided into tiers as top 10 MBA colleges in India consist of the best institutions in India, which we have talked about in this article. But in some cases, we can also get the best colleges for MBA even if you have a lower percentage through CAT some other best colleges for MBA in India accept 50 – 60 Percentile in CAT 2021.
- Shanti Business School (Ahmedabad)
- Institute of Marketing & Management (New Delhi)
- Karnavati University (Gandhinagar)
- Narayana Business School (Ahmedabad)
- ASM’s Group of Institutions (Pune)
- Universal Business School (Karjat)
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. 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.
MBA Colleges in India Eligibility Criteria
MBA students must have graduated from an accredited university. However, for niche specializations, the minimum score may be different.
- As a minimum requirement for a full-time MBA, candidates must have graduated in any discipline or equivalent from an accredited university.
- The AICTE stipulates that most institutes must meet the minimum score requirements for graduation. Students from reserved categories are eligible for five percent relaxation and 50 percent aggregate.
- Professional degree holders, such as MBBS/CA/CS/ICWAI, etc. You may also be eligible to pursue an MBA
People also ask –
Q1. 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
Q2. 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.
Q3. Does the cost for 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.
Q4. Do 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.
Q5. How do I find the cutoff for CAT? Amity University?
Ans. Amity University provides admissions to students who scored between 70 and 80 percentile on the CAT exam.
Top MBA Colleges in India: Highlights
| Parameters | Particulars/ Statistics |
|---|---|
| No. of MBA Colleges in India | 5,000 (Approximately) |
| Fees | -Annual fee < Rs 10 lakh: 6% - Annual fee >Rs 10 lakh: 94% |
| Top Specialisations | General Management, Marketing, Operations, Sales, Business Analytics, Human Resources, Finance, Digital Marketing, Information Technology, Event Management & PR and Travel & Tourism |
| Admission Process | Entrance-based: CAT, MAT, XAT, CMAT, NMAT, ATMA, SNAP |
| Top MBA Colleges in India | IIMs, SPJIMR, XLRI, MDI, IMT, IIT-DoMs, SIBM, etc. |
Top MBA Colleges in India with Fees
This is an important factor that plays a role in the choice of students during admissions. Many students check the top MBA colleges in India with fees to understand and prepare for the admissions. The details of the top MBA colleges in India both private and public are given below.
Top Private MBA colleges with Fee
| S. No | Name of the college | Total Course Fee |
|---|---|---|
| 1 | XLRI Xavier College of Management, Jamshedpur | Rs 25.80 lakhs |
| 2 | MDI Gurgaon | Rs 18.51 lakhs |
| 3 | SPJIMR, Mumbai | Rs 19 lakhs |
| 4 | Great Lakes, Chennai | Rs 15.86 lakhs |
| 5 | TAPMI Manipal | Rs 16 lakhs |
Top Public MBA Colleges with Fee
| S.No | Name of the college | Course fee to be paid |
|---|---|---|
| 1 | Indian Institute of Management, Ahmedabad | Rs 23 lakhs |
| 2 | Indian Institute of Management, Bangalore | Rs 23 lakhs |
| 3 | Indian Institute of Management, Calcutta | Rs 23 lakhs |
| 4 | Indian Institute of Management, Lucknow | Rs 19 lakhs |
| 5 | Faculty of Management Studies University of Delhi | Rs 20.96 lakhs |
Top government MBA colleges in india with low fees
- Faculty of Management Studies (FMS), Delhi University Faculty of Management Studies is among the most prestigious management schools in India that offer MBA classes at the most affordable cost beginning with the price of INR 1.92 Lakhs only. It is among the most sought-after institutions for MBA in India that is associated to Delhi University. The procedure for selection at the institute comprises the CAT scores as well as Personal Interviews. The average salary offered in the campus selection this year is the sum of INR 32.4 LPA.
Companies like Deloitte, OLA, PwC, L’Oreal, Info Edge, Adobe, Google, Amazon etc. provide internships to students of FMS. - Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
JBIMS was established in 1965, and is affiliated to the University of Mumbai. It is a non-profit institution which offers full-time and part-time MBA programs. The institute also offers a wide range of other programs, however MBA is among the most well-known courses at JBIMS. The current cost structure is the range of INR 1.52 lakh to seven lakh for the duration of two years of the MBA program. The college accepts scores from CATand MAH CETor MATand ATMA. The school is in the best 10 colleges for B-schools within India with a huge number of alumni working as CEOs. The median salary for the students is approximately INR 27.63 LPA.
Companies that apply for placements in JBIMS are McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc. - Tata Institute of Management Studies (TISS), Mumbai
TISS, Mumbai is another management school that offers top quality MBA education for a reasonable cost. Admissions to TISS are made by TISSNET scores. TISSNET score, which is an examination which is conducted by the institute. The cost for the MBA program offered at TISS costs the equivalent of INR 1.02 Lakh and the average wage from the course of the course was the sum of INR 19.62 LPAin 2021.
Companies like Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, Wipro and many more. provide job opportunities to MBA alumni of TISS. - Department of Management Sciences, Pune
Pune University Department of Management Sciences (PUMBA) is affiliated with Pune University and has course fees of INR 1.29 Lakh to INR 1.33 Lakh. The college accepts scores of exams like CAT/XAT/MAT/CET/ATMA/MAH CET for the admissions to various MBA courses and offers placements with an average salary of INR 7.6 LPA.
Axis Bank, E-serve, Bee Management, ONGC, Thermax, SBI Life, etc. are some of the companies that provide placements to students who are studying at this college. - Department of Financial Studies, Delhi University
The institute offers admissions according to the score of the CAT exam that is administered by IIMs. The cost for pursuing the MBA at this school can be $26,000 in two terms. Department of Financial Studies is renowned for offering the highest ROI. The salary offered at this institution ranges from the equivalent of INR 13.3 LPA and the top salary was INR 26 LPA during the year 2020.
Companies like DE Shaw, American Express, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, Ministry of Finance etc. are among the most sought-after recruiters for MBA graduates. - Christ University, Bangalore
Christ International (Deemed to be University) was founded in 1969. The university offers a variety of post-graduation programs. The school offers a range of MBA specializations like Business Analytics Marketing, Business Analytics, etc. Students who undertake exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission into this prestigious and premium university. The tuition for admission ranges from approximately INR 6.75 Lakh – INR 21.82 Lakh. The median salary after an interview is around 10.5 LPA. 20.5 LPA.
AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte and Dabur are among the major companies that come to the campus to conduct placements and offer lucrative salaries to graduates. - Delhi Technical University (DTU), Delhi
DTU offers two-year full-time MBA courses Admissions to the MBA programs are determined by the score of the CAT exam. It’s a 75-year-old and boasts one of the top MBA faculty in India. This is one of the universities that provide an MBA for a very low cost that ranges from the range of INR 3.96 Lakh – INR 4.19 Lakh. The median salary here ranges from approximately 22 LPA. Companies like Google, Uber, Amazon, Facebook, Bloomberg, and many more. offer placements to DTU students who have graduated.
Aspirants who wish to pursue an MBA must first make a list of colleges that they wish to get into. They must make a decision based on their choice of specification and their budget and not be carried away with the flow. Below is a list of some other colleges along with the courses offered, that have a low fee structure.
Top Government MBA Colleges in India with Low Fees - Because of their outstanding academic output, the top Indian government MBA colleges are internationally recognized. These colleges will accept your CAT score to admit you. These colleges strive to bring excellence to their students. Indian Institute of Management (IIM), is a well-known name for students who plan to study management master's. Many students consider IIM a dream. IIMs is a grouping of 20 institutions that offer management education. Some of the most prestigious IIMs include IIM Ahmedabad and IIM Bangalore.
The faculty of Management Studies at the University of Delhi is another well-respected government MBA college in India. FMS is a well-known Indian MBA college that is known for its ability to teach students entrepreneurial skills. National Institute of Industrial Engineering in Mumbai; Department of Management Studies at Indian Institute of Technology Delhi ; JBIMS [Jamnalal Bajaj Institute of Management Studies in Mumbai]); and Department of Management Studies at Indian Institute of Science, Bangalore. These are just a few of the top government MBA colleges across India.
People also ask - Top Government MBA Colleges in India with Low Fees
Are there any government MBA colleges in India?
Government MBA Colleges in India 2022
- 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.
- IIM Bangalore - Indian Institute of Management.
Which is the best Government College for MBA in India?
Top government MBA colleges in India include the IIMs and IITs.
Top Government MBA Colleges in India.
| Top MBA Colleges | NIRF Rankings 2021 |
| Indian Institute of Management Ahmedabad | 1 |
| Indian Institute of Management Bangalore | 2 |
| Indian Institute of Management Calcutta | 3 |
Which is the cheapest college for MBA in India?
Cheapest colleges to study MBA courses in India - Placement
| Name of the college | Average/Median Salary (in Rs.) |
| Delhi School of Economics, DU | - |
| Tata Institute of Social Sciences (TISS), Mumbai | Rs. 4.80 lakhs |
| Pune University Department of Management Sciences (PUMBA) | - |
| FMS BHU | Rs. 7.20 lakhs |
Which college is best for MBA low fees?
Register now for latest MBA Exam & Admissions Updates, contact Formfees for the latest updates
| Top MBA college with Low Fees | Programme Fee |
| SIMSREE, Mumbai | Rs. 1,36,000 |
| Jamna Lal Bajaj Institute of Management studies (JBIMS) | Rs. 6,00,000 |
| BITS Pilani | Rs. 9,00,00 |
| UBS Chandigarh-Panjab University | Rs. 38,000 |
Entry exams to admission to top Government MBA Colleges of India
CAT is one of India's most popular management entrance exams. It is administered by IIMs to allow admission to top IIMs, as well as other top B-schools in India. It is usually conducted in the last week or so of November. To select the best colleges MBA colleges in India, they use the CAT score.
IIFT is another common management entrance test that is administered by the National Testing Agency to determine eligibility for admission to MBA IB (International Business).
Many top Indian government MBA colleges also accept /MAT scores. It is done four times a year to be eligible for admission into more than 500 B-Schools in India.
Common MBA Courses in India
- Marketing and Sales
- Human Resource Management
- Banking and Finance
- International Business
What is the placement assistance offered by Top Government MBA Colleges of India?
It is not surprising that every year, many candidates take entrance exams in an attempt to gain admission to top Indian government MBA colleges. The colleges offer excellent placements and a wide range of professional opportunities. IIMs are well-known for their placement support. The median package IIM Ahmedabad students receive is 22.80 LPA, according to statistics from previous years. Excellent support is also available at other Indian government MBA colleges.
- Top MBA Colleges with Low Fees: India's Lowest Fee MBA colleges are the high RoI Management Institutes
- Top MBA colleges in India with Low Fee charge a fee from Rs. 50,000 to Rs. 10 Lakhs for 2 year full time residential MBA or PGDM programme. Other prominent MBA institutions, such as IIMs, XLRI, MDI, and SPJIMR, charge fees ranging from Rs.17 lakhs to Rs.24 lakhs.
- Some of the best B-schools in India offering low-cost MBA programs are associated with or management departments of Delhi University, Mumbai University, GGSIPU University Delhi, Bangalore University, Pune University, and Panjab University, among others. To gain admission to a top MBA schools with inexpensive tuition, you must do well on an entrance test such as the CAT/XAT/CMAT/MAH CET and have great academics/work experience.
Some insights of colleges from other regions as well: Fee Structure For MBA in Government Colleges
Fees of MBA courses in government colleges are low. The fees in those government colleges are listed here.
| Colleges | Annual Fees |
|---|---|
| Jamia Millia Islamia University, New Delhi | INR 65,100 |
| University of Delhi, Faculty of Management Studies, New Delhi | INR 96,000 |
| Institute of Management Studies, Banaras Hindu University, Varanasi | INR 1,20,767 |
| Department of Management Studies, Anna University, Chennai | INR 20,500 |
| Pondicherry University, Pondicherry | INR 74,718 |
| University of Jammu, Jammu | INR 78,071 |
| Maharaja Sayajirao University of Baroda, Vadodara | INR 14,500 |
| Ganpat University, Mehsana | INR 95,000 |
| RKDF University, Bhopal | INR 50,000 |
| Department of Management Science, Savitribai Phule Pune University, Pune | INR 66,194 |
| B-school | Course Name | *Fees |
|---|---|---|
| International School of Management and Research- ISMR | MBA | INR 3.44 L - 6.5 L |
| SIMSREE, Mumbai | Post Graduate Diploma in Business Management | INR 69,000 |
| CU - Chandigarh University | MBA Tourism and Hospitality Management | INR 57.8 K - 6.04 L |
| Indira Institute of Management - IIMP | MBA | INR 4.4 L - 8 L |
| ASM’s Institute of Business Management and Research-IBMR | MBA | INR 3 L - 6.5 L |
| Amity University | MBA in Agriculture and Food Business | INR 4.86 L - 20.16 L |
| Ambedkar University | MBA | INR 3 L |
| AIMS Institute of Management Studies | MBA | INR 3.95 L - 5.9 L |
| MIT Pune - MIT World Peace University | MBA | INR 3.5 L |
| DBS - Doon Business School | MBA International Business | INR 5.15 L - 9.79 L |
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 Colleges | Fee Structure |
|---|---|---|
| 1 | Guru Gobind Singh Indraprastha University [GGSIPU] | INR 56,000 |
| 2 | Bangalore University | INR 66,000 to 75,000 |
| 3 | Visvesvaraya Technical University [VTU] | INR 56,000 to 65,000 |
| 4 | Dr. B.R. Ambedkar University | INR 2,99,880 |
| 5 | University Business School - Panjab University | INR 50,000- 96,345 |
| 6 | Sydenham Institute of Management Studies, Research & Entrepreneurship Education [SIMSREE] | INR 1,36,000 |
| 7 | Tata Institute of Social Sciences [TISS], Mumbai | INR 1,14,600 |
| 8 | Department of Management Sciences, University of Pune [PUMBA] | INR 1,34,000 |
| 9 | Jamnalal Bajaj Institute of Management Studies [JBIMS], Mumbai | INR 6,00,000 |
| 10 | Pune Institute of Business Management, Pune | INR 7,95,000 |
Frequently Asked Questions
Q1. Which is the cheapest college for MBA in India?
Ans. Cheapest colleges to study MBA course in India – Placement
| Name of the college | Average/Median Salary (in Rs.) |
|---|---|
| Delhi School of Economics, DU | - |
| Tata Institute of Social Sciences (TISS), Mumbai | Rs. 4.80 lakhs |
| Pune University Department of Management Sciences (PUMBA) | - |
| FMS BHU | Rs. 7.20 lakhs |
Q2. Which MBA college gives best placement in India?
Ans. Top MBA Colleges in India According to the Placements
| #Rank | Name of the College | Highest Salary |
|---|---|---|
| 1 | IIM Ahmedabad | INR 39.81 Lakhs |
| 2 | IIM Bangalore | INR 01.00 Crore |
| 3 | IIM Calcutta | INR 75.00 Lakhs |
| 4 | FMS Delhi | INR 20.10 Lakhs |
Q3. Which type of MBA is best?
Ans. Top MBA Specialization in India 2022
- MBA in Marketing Management. …
- MBA in Financial Management. …
- MBA in Human Resource Management. …
- MBA in International Business. …
- MBA in Logistics Management. …
- MBA in Supply Chain Management. …
- MBA in Enterprise Management. …
- MBA in Artificial Intelligence.
Q4. Why IIM fees is so high?
Ans. IIM Ahmedabad charges high fees to maintain its cutting-edge facilities, top-notch infrastructure, high-end research facilities, it offers. They need to charge high to meet these costs. Also, IIMs are autonomous and they don’t receive much funding from the government.
Q5. Is Cat necessary for MBA?
Ans. No, CAT or CMAT exam is not compulsory for MBA. There are a host of other MBA entrance exams similar/euivalent to CAT like XAT. Several institutes have their own entrance exams like NMAT for NMIMS, TISS, SNAP for Symbiosis, IIFT, CET for Maharashtra institutes, MICA, etc.
Q6. Is job guaranteed after MBA?
Ans. While an MBA degree doesn’t guarantee success, it can give you a big leg up in your career. An MBA gives students an edge in getting lucrative roles in corporate. But this does not guarantee long term success. Survival is about adaptability, innovation and skills that are not taught or assessed in an MBA curriculum.
Q7. Are there any government MBA colleges in India?
Ans. Government MBA Colleges in India 2022
- 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.
- IIM Bangalore – Indian Institute of Management.
Q8. Which is the best Government College for MBA in India?
Ans. Top government MBA colleges in India include the IIMs and IITs.
Top Government MBA Colleges in India.
| Top MBA Colleges | NIRF Rankings 2021 |
|---|---|
| Indian Institute of Management Ahmedabad | 1 |
| Indian Institute of Management Bangalore | 2 |
| Indian Institute of Management Calcutta | 3 |
Q9. Which is the cheapest college for MBA in India?
Ans. Cheapest colleges to study MBA courses in India – Placement
| Name of the college | Average/Median Salary (in Rs.) |
|---|---|
| Delhi School of Economics, DU | - |
| Tata Institute of Social Sciences (TISS), Mumbai | Rs. 4.80 lakhs |
| Pune University Department of Management Sciences (PUMBA) | - |
| FMS BHU | Rs. 7.20 lakhs |
Q10. Which college is best for MBA low fees?
Ans. Register now for latest MBA Exam & Admissions Updates, contact Formfees for the latest updates
| Top MBA college with Low Fees | Programme Fee |
|---|---|
| SIMSREE, Mumbai | Rs. 1,36,000 |
| Jamna Lal Bajaj Institute of Management studies (JBIMS) | Rs. 6,00,000 |
| BITS Pilani | Rs. 9,00,00 |
| UBS Chandigarh-Panjab University | Rs. 38,000 |