MBA Fee Structure in India
Saurav Anand
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September 26, 2022
The MBA Fee Structure in India
MBA fee structure in India ranges from INR 20,000 to INR 40 lakh for the two-year full-time program. Consider the spectrum of MBA college costs in India, as well as the reasons why MBA tuition structures differ from one school to the next.
Although you obtain the degree through hard work throughout the two years, you must pay for the education, faculty members, infrastructure, and other facilities that you will use during these two critical years of your life.
MBA colleges in India charge different fees depending on aspects like as curricular activities, infrastructure, dormitory facilities, foreign exposure, placement services, and so on. Many MBA institutions in India also provide scholarships to students who meet the eligibility requirements. Read on for more information about top MBA institutions in India and their tuition structures.
MBA fee structure in India for the full-time program range from INR 20,000 to INR 40 lakh. While the costs for MBA programs given by universities and government schools are reasonable, those offered by private institutes are not.
MBA fee structure in India
| Particulars | Average Fees (in Rs.) |
|---|---|
| IIM MBA Fees | 8,00,000 – 23,00,000 |
| IIT MBA Fees | 2,00,000 – 5,00,000 |
| IGNOU MBA Fees | 37,800 |
| Cheapest MBA Fees | 15,000 – 70,000 |
IIM MBA fee structure in India
| IIM | IIM Fees* |
|---|---|
| IIM Ahmedabad | Rs 21 lakh |
| IIM Bangalore | Rs. 23.20 lakh |
| IIM Calcutta | Rs 19 lakh |
| IIM Lucknow | Rs 19.25 lakh |
| IIM Kozhikode | Rs 19 lakh |
| IIM Indore | Rs 16.50 lakh |
| IIM Shillong | Rs 15 lakh |
| IIM Rohtak | Rs 16.65 lakh |
| IIM Raipur | Rs 14.21 lakh |
| IIM Trichy | Rs 16.50 lakh |
| IIM Ranchi | Rs 15.30 lakh |
| IIM Kashipur | Rs 14.75 lakh |
| IIM Udaipur | Rs 17.59 lakh |
| IIM Nagpur | Rs 13.75 lakh |
| IIM Visakhapatnam | Rs 13.65 lakh |
| IIM Sirmaur | Rs 15.75 lakh |
| IIM Sambalpur | Rs 12 lakh |
| IIM Amritsar | Rs 12 lakh |
*- These are the approximate fees only. The actual fee may vary.
People Also Ask
1. Do companies in India sponsor candidates’ MBA fees?
Answer. Yes, of course the company does. But it completely depends on the company the candidate works on and also the position the candidate is in.
2. Which is the best MBA college in India with low fees? MBA fee structure in India
Answer. In India FMS, Delhi University is a top-ranked MBA institute with a low fee of INR 20,960 per semester. The fees of all government MBA institutes are less than that of private institutes.
3. What is the average fees for MBA in India?
Answer. The MBA fee for IIMs range from Rs 10 Lakh to Rs 2 Lakh and other top B-schools such as XLRI, SPJIMR, and MDI Gurgaon MBA fees range from Rs 15 Lakh to Rs 23 Lakh. Most of the top B-schools in India will cost between Rs 10 Lakh to Rs 23 Lakh.
4. What is the minimum fees for MBA in India? MBA fee structure in India
Answer. There are certain B-schools that offer MBAs with low fee structures. Which is mentioned in the article below.
5. What is the top college for MBA fees?
Answer. Some of the top colleges for MBA in terms of fees are IIM Ahmedabad, FMS Delhi, IIM Bangalore, IIM Calcutta, IIFT Delhi, etc.
MBA Fees in Top Colleges in India
The Top B-schools like XLRI and MDI are expensive too. The fee for the XLRI PGDM program (equivalent to MBA) is Rs 23.60 lakhs. MDI PGDM Fee is also expensive at Rs 21.34 lakhs. SPJIMR PGDM is considered a top program with an affordable MBA Fee. FMS Delhi has the lowest MBA fee amongst top Colleges in India. Top MBA Colleges in India with Fee Structures are given below.
| Institute Name | MBA fees in Top colleges in India (Rs in Lakhs) |
|---|---|
| FMS New Delhi: Faculty of Management Studies | 1.92 |
| XLRI Jamshedpur: Xavier School of Management | 23.6 |
| MDI Gurgaon: Management Development Institute | 21.34 |
| SPJIMR Mumbai: SP Jain Institute of Management & Research | 17.5 |
| SIBM Pune: Symbiosis Institute Of Business Management | 20.72 |
| JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies | 6 |
| IIFT New Delhi: Indian Institute of Foreign Trade | 17.7 |
| NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM | 20.8 |
| IMI Delhi: International Management Institute | 18.35 |
MBA Fees in Top Colleges in India
With more than 3,000 MBA Colleges in India of different quality, there is a wide range with Fee Structure too. Generally, MBA Fee ranges from Rs 5.0 Lakhs to 15.0 Lakhs. MBA Colleges in India with Fee Structure are below.
| Institute Name | Fees (Rs in lakhs) |
|---|---|
| IMT Ghaziabad: Institute of Management Technology | 19.53 |
| Great Lakes Chennai: Great Lakes Institute of Management - GLIM | 15.86 |
| BITS Pilani – Deptt of Management | 9 |
| Prin. L. N. Welingkar Institute of Management Development & Research | 11.04 |
| Xavier Institute of Management, XIMB | 19.5 |
| TAPMI Manipal: T A Pai Management Institute | 15.1 |
| GIM Goa: Goa Institute of Management | 17.21 |
| IRMA Anand: Institute of Rural Management | 15.17 |
| K J Somaiya Institute of Management, Mumbai | 16.29 |
| SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development | 17.43 |
| BIMTECH Greater Noida: Birla Institute of Management Technology | 12 |
| IFMR GSB at KREA University, Sri City | 13.86 |
| Symbiosis Institute of Business Management - SIBM Bangalore | 16 |
| IPE Hyderabad: Institute of Public Enterprise | 8.15 |
| Jagan Institute of Management Studies, Rohini | 7.95 |
| Jaipuria Institute of Management, Lucknow | 10.45 |
| Jaipuria Institute of Management, Noida | 10.45 |
| New Delhi Institute of Management (NDIM) Delhi | 8.25 |
| Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore | 11.2 |
| IMS Ghaziabad | 7.95 |
| Loyola Institute of Business Administration (LIBA) Chennai | 15.26 |
| Institute Of Management Technology (IMT) Nagpur | 12.1 |
| Chandragupt Institute of Management (CIMP) Patna | 7.65 |
| SOIL Institute of Management, Gurgaon | 15.03 |
| Bharathidasan Institute of Management (BIM), Tiruchirappalli | 12.15 |
| Jagannath International Management School (JIMS) Kalkaji | 7.95 |
| Xavier Institute of Social Service (XISS) Ranchi | 8.9 |
| SIES College of Management Studies, Mumbai | 8.9 |
| IES’s Management College and Research Centre (IESMCRC), Mumbai | 8 |
| Entrepreneurship Development Institute of India - EDII Ahmedabad | 12.31 |
MBA college fees in India are determined by a variety of criteria including as infrastructure, housing facilities, extra-curricular activities, and pedagogy. For example, if an MBA college provides an international immersion program in which students must spend a semester or more at a foreign university, the course tuition at such institute will be exorbitant. If, on the other hand, the MBA institute is government-funded, the fees will be inexpensive.
Yes, financial help provided by the state or central government to conduct academic programs is one of the key reasons for low MBA fees at government institutions and universities.
MBA students who want to take an MBA program in the future academic year should start looking for the best MBA schools for them right now. MBA costs will be a crucial element influencing your selection in your quest.
While talking about MBA colleges in India, it is impossible to not talk about the Indian Institute of Management (IIM), the premier MBA institutes of India. In India, there are 20 IIM campuses, and MBA tuition at IIMs ranges from INR 11 lakh to INR 23 lakh. While the PGP program at IIM Sirmaur costs INR 11 lakh, the MBA program at IIM Ahmedabad costs INR 23 lakh.
MBA Fees of Top B-Schools other than IIMs
Some of the top B-Schools apart from the IIMs are FMS Delhi, XLRI-Jamshedpur, MDI-Gurgaon, SPJIMR-Mumbai and IIFT-Delhi. These institutes offer the best of infrastructure, faculty, pedagogy, international exposure and placements. MBA fees of these B-schools range from INR 11 to INR 35 lakh. The only exception here is FMS-Delhi whose fee is INR 20, 960 per year. Take a look MBA fees of some of the top B-schools in India other than IIMs.
| B-School | Course Name | **Fees |
|---|---|---|
| FMS-Delhi | MBA | INR 20,960 |
| XLRI Jamshedpur-Xavier School of Management | PGDM | INR 23.60 lakh |
| MDI-Gurgaon | PGPM | INR 19.80 lakh |
| SPJIMR-Mumbai | PGDM | INR 17.50 lakh |
| IIFT-New Delhi | MBA International Business | INR 16.25 lakh |
| ISB-Hyderabad | PGPM | INR 34.63 lakh |
| Symbiosis Institute Of Business Management-Pune | MBA | INR 17.06 lakh |
| Jamnalal Bajaj Institute of Management Studies-Mumbai | MMS | INR 3.00 lakh |
| IMI-Delhi | PGDM | INR 17.68 lakh |
| NMIMS Mumbai-School of Business Management | MBA | INR 19.76 lakh |
| IMT-Ghaziabad | PGDM | INR 17.55 lakh |
| Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai | PGDM | INR11.00 lakh |
| BIMTECH-Greater Noida | PGDM | INR 12.00 lakh |
| K. J. Somaiya Institute of Management Studies And Research-Mumbai | PGDM International Business | INR 13.66 lakh |
| IRMA-Anand | PGDRM | INR 12.08 lakh |
| Xavier Institute of Management, XIMB-Bubaneshwar | MBA Business Management | INR 20.80 lakh |
| TAPMI-Manipal | PGDM | INR 16.90 lakh |
| Great Lakes Institute of Management-Chennai | PGPM | INR 13.84 lakh |
| Symbiosis Institute of Business Management-Bangalore | MBA | INR 14.70 lakh |
| Entrepreneurship Development Institute of India - Ahmedabad | PGDM Business Entrepreneurship | INRs 12.56 lakh |
MBA Fees less than INR 10 Lakh
Most of the MBA colleges in this fee-range are the departments of management studies of IITs. The MBA programmes offered by these institutes are not only economical as compared to private B-Schools but are also highly ranked in the annual ranking by MHRD-NIRF and offer excellent placement opportunities. Take a look at colleges with MBA fees less than INR 10 lakh:
| *B-School | Course Name | **Fees |
|---|---|---|
| IIT Delhi - Department of Management Studies | MBA Telecommunication Systems Management | INR 8.80 lakh |
| Symbiosis Centre for Management and Human Resource Development, Pune | MBA | INR 8.13 lakh |
| IIT Bombay - Shailesh J. Mehta School of Management | MBA | INR 8.32 lakh |
| NITIE-Mumbai | PGD Industrial Safety and Environmental Management | INR 7.62 lakh |
| IIT Kharagpur-Vinod Gupta School of Management | MBA | INR 6.19 lakh |
| BITS-Pilani | MBA | INR 8.04 Lakh |
| IIT Madras - Department of Management Studies | MBA | INR 6.89 lakh |
| IIT Roorkee | MBA | INR 6.23 lakh |
| IIT Delhi - Department of Management Studies | MBA Telecommunication Systems Management | INR 8.80 lakh |
Admission process of the above mentioned institutes is the same as other MBA colleges, i.e. selection through entrance exams such as CAT, XAT, GMAT, Group Discussion and Personal Interview.
MBA Fees less than INR 5 Lakh
MBA colleges in this fee range include popular institutes like Symbiosis International University (Deemed), Prin. L N Welingkar, Christ University, Chandigarh University and Amity University. These universities offer a number of MBA programmes for fees which will not burn a whole in your pocket. Take a look at colleges with MBA fees less than INR 5 lakh:
| *B-school | MBA/PGP Course Name | **Fees |
|---|---|---|
| Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai | PGP Media and Entertainment Management | INR 3.00 lakh |
| Christ University, Bangalore | MBA Leadership and Management | INR 3.10 lakh |
| International School of Management and Research-ISMR | MBA | INR 3.00 lakh |
| CU - Chandigarh University | MBA Tourism and Hospitality Management | INR 3.28 lakh |
| Indira Institute of Management - IIMP | MBA | INRs 4.00 lakh |
| ASM’s Institute of Business Management and Research-IBMR | MBA | INR 3.00 lakh |
| Jamnalal Bajaj Institute of Management Studies-Mumbai | MMS | INR 3.00 lakh |
| Pune Institute of Business Management | PGDM | INR 4.05 lakh |
| Amity University | MBA Agriculture and Food Business | INR 4.47 lakh |
| AIMS Institute of Management Studies | MBA | INR 3.69 lakh |
| MIT Pune-MIT World Peace University | MBA | INR 3.50 lakh |
| DBS-Doon Business School | MBA International Business | INR 4.52 lakh |
| Gems B School, Bangalore | Corporate MBA | INR 4.20 lakh |
| Galgotias University-GU | MBA Healthcare and Hospital Management | INR 4.47 lakh |
| IES Management College and Research Centre (IES MCRC) | MMS | INR 4.20 lakh |
| DTU-Delhi Technological University (DCE) | MBA Business Analytics | INR 3.56 lakh |
| SRCC-Shri Ram College of Commerce | PGDM Global Business Operations | INR 3.20 lakh |
Students shortlisting their preferred MBA institutes must keep in mind colleges mentioned in the above table as they offer various upcoming specialisations in MBA for low fees.
MBA Fees less than Rs 1 Lakh
MBA colleges with fees less than INR 1 lakh are mostly department of management studies of central or state level universities. Even though their fees is low, these institutes are recognised by the University Grants Commission (UGC). Take a look at some of the popular MBA colleges with fees less than INR 1 lakh.
| *B-school | Course Name | **Fees |
|---|---|---|
| FMS-New Delhi | MBA | INR 20,960 |
| Jamia Millia Islamia-JMI | MBA in International Business | INR 33,170 |
| WE School-Prin. L. N. Welingkar Institute of Management Development and Research | PGP Foreign Trade Management | INR 94,400 |
| BK School of Business Management | MBA in Maritime Management | INR 80,000 |
| Amity University | PGD in Health and Wellness Management | INR 54,000 |
| Department of Financial Studies, University of Delhi | MBA in Financial Management | INR 26,000 |
| Institute of Management Studies, Banaras Hindu University | MBA in International Business | INR 98,888 |
| Maharshi Dayanand University-MDU | Master of Hotel Management and Catering Technology | INR 84,468 |
| Tata Institute of Social Sciences, Mumbai | PG Diploma in Community Media | INR 40,600 |
| University Business School, Chandigarh-Panjab University | MBA HRM | INR 60,000 |
| Vishwa Vishwani School of Business | MBA | INR 54,000 |
| Garware Institute of Career Education and Development, University of Mumbai | PGD Retail Management | INR 65,420 |
| YMCA-New Delhi | PGD Aviation & Tourism Management | INR 61,256 |
| Utkal University | PGD Banking & Insurance Management | INR 40,600 |
| Maharshi Dayanand University Center, Dwarka | MBA | INR 48,000 |
| Indian Institute of Social Welfare and Business Management-IISWBM | PGD Supply Chain and Logistics Management | INR 70,000 |
| Chaitanya Bharathi Institute of Technology | MBA | INR 86,000 |
| Andhra University, Visakhapatnam | MHRM | INR 24,440 |
| Babu Banarasi Das University | PGD Sports Management | INR 80,000 |
| Gujarat University | PGD Export-Import & International Finance | INR 6,000 |
| AMU - Aligarh Muslim University | PGD Public Relations | INR 3,500 |
| Patna University | PGD HRD | INR 9,500 |
| University College of Commerce and Business Management, Osmania University | MBA Technology Management Programme | INR 20,000 |
| Gauhati University-GU | Master of Business Economics | INR 14,090 |
| Department of Management Studies, Anna University | MBA | INR 56,550 |
| GD Goenka University-GDGU | PGD Supply Chain Management | INR 90,000 |
| Doon University | PGD Security Management | INR 40,000 |
| CUSAT-Cochin University of Science and Technology | MBA | INR 42,000 |
Aspirants who plan to pursue an MBA course from institutes mentioned in the table above must check for their past placement data before taking a decision.
MBA Colleges with Low Fees and Good Placements
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.
MBA Colleges in India with Low Fees
The table provided below contains the Top MBA Colleges with Low Fees in India.
| Name of Colleges | Course Name | Course Fees | Average Salary Package |
|---|---|---|---|
| Faculty of Management Studies (FMS), Delhi University | Master of Business Administration | INR 94,000 | INR 26,40,000 |
| Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai | Masters in Management Studies | INR 3,04,000 | INR 18,91,000 |
| Tata Institute of Management Studies (TISS), Mumbai | MA in Human Resource Management and Labor Relations | INR 2,38,000 | INR 19,62,000 |
| Department of Management Sciences, (PUMBA) Savitribai Phule Pune University, Pune | Master of Business Administration | INR 1,68,000 | INR 6,47,000 |
| Department of Financial Studies, Delhi University | MBA in Financial Management | INR 1,51,000 | INR 13,33,000 |
| Christ University, Bangalore | Master of Business Administration | INR 2,40,000 | INR 6,00,000 |
| Delhi Technical University (DTU), Delhi | Master of Business Administration | INR 2,79,000 | INR 6,40,000 |
| Sydenham Institute of Management Studies Research and Entrepreneurship Education(SIMSREE), Mumbai | Post Graduate Diploma in Business Management | INR 1,36,000 | INR 8,10,000 |
| Birla Institute of Technology and Science (BITS), Pilani | MBA in Business Analytics | INR 5,08,000 | INR 15,60,000 |
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 Fees | Program Fee | Entrance Exam Accepted |
|---|---|---|
| Faculty of Management Studies (FMS) Delhi – University of Delhi | Rs. 25,000 | CAT conducted by IIMs |
| Delhi School of Economics, Delhi University | Rs. 31,000 | CAT conducted by IIMs |
| GGSIPU, Delhi | Rs. 56,000 | Own Entrance exam in April |
| PUMBA, Pune | Rs.1,34,000 | MAH CET/CAT/CMAT |
| SIMSREE, Mumbai | Rs.1,36,000 | MAH CET/CAT/CMAT/XAT |
| Jamnalal Bajaj Institute of Management Studies (JBIMS) | Rs.6,00,000 | MAH 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 latest MBA Exam & Admissions Updates
| Top MBA college with Low Fees | Programme Fee |
|---|---|
| Faculty of Management Studies (FMS) Delhi – University of Delhi | Rs. 1,94,000 |
| Delhi School of Economics, Delhi University | Rs. 32,000 |
| GGSIPU, Delhi | Rs. 59,000 |
| PUMBA, Pune | Rs. 1,34,000 |
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.
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 Fees | Program Fee | Entrance Exam Accepted |
|---|---|---|
| Ambedkar University, Delhi | Rs.2,99,880 | CAT/AUD MBA Entrance Test |
| Delhi Technical University (Formerly Delhi College of Engg.) | Rs.3,56,000 | CAT conducted by IIMs |
| NITIE Mumbai | Rs.14,63,000/- | CAT conducted by IIMs |
| SJMSOM-IIT Bombay | Rs.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 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 |
Fee Structure for MBA in Government Colleges
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.
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 |
List of Top Private and Government MBA Colleges in Kolkata
There are approximately 85 MBA colleges in Kolkata which offer MBA courses, out of these 62 colleges are private, 9 are public and rest are public/private. Here is the list of some of the top private and public MBA colleges in Kolkata:
List of Private MBA Colleges in Kolkata
| Private Colleges | Course Fee (in Rs) |
|---|---|
| Praxis Business School (PBS), Kolkata | 7.57 L |
| Indian Institute of Social Welfare and Business Management (IISWBM), Kolkata | 75 K - 6 L |
| Adamas University | 5.17 L |
| NSHM Knowledge Campus, Kolkata | 6.15 L |
| Institute of Management Study (IMS), Kolkata | 2.35 L - 3.75 L |
List of Public/Government Colleges in Kolkata
| Public Colleges | Course Fee (in Rs) |
|---|---|
| Indian Institute of Management (IIM) Calcutta, Kolkata | 16.2 L - 20 L |
| Indian Institute of Foreign Trade (IIFT), Kolkata | 16.25 L |
| Calcutta University | 16.51 K - 1.76 L |
| University of Kalyani (KU), Kolkata | 50 K |
| Footwear Design and Development Institute (FDDI), Kolkata | 5.18 L |
ROI of Top MBA Colleges in Kolkata
Return on Investment refers to know the benefit of placements divided by the fees paid for the programme. Candidates can know the colleges which has high or low return on investment. It is the major factor for the students to know the institute/college to apply for.
| College Name | Course Fee in Rs. | Average salary (in Rs LPA) |
|---|---|---|
| Indian Institute of Foreign Trade (IIFT) Kolkata | 18.25 lakhs | 18.01 |
| Indian Institute of Management (IIM) Calcutta | 20 - 24 lakhs | 25.36 |
| International Management Institute (IMI) Kolkata | 13 lakhs | 6.9 |
| Management Development Institute (MDI) Murshidabad | 10.42 lakhs | 9.03 |
| Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata | 75 k - 6 lakhs | 5.8 |
Government MBA Colleges in Delhi
When compared to other places, MBA in Delhi provides an outstanding learning experience with high placements. In Delhi, there are over 130 MBA institutions.
There are around 16 government institutions and 69 privately operated colleges among these. The bulk of MBA programs in Delhi are offered by private universities.
MBA Colleges in Delhi Highlights
Refer to the table below to know some of the highlights for MBA colleges in Delhi.
| Parameters | Particulars/Statistics |
|---|---|
| No. of MBA colleges in Delhi | Approximately 130 Delhi MBA Colleges |
| Fees | -Annual Fees < Rs 1 lakh: 10% -Annual Fess > Rs 5 lakh: 37% |
| Top Specialisations | MBA in Finance, MBA in Sales and Marketing, MBA in HR, MBA in Healthcare and Hospital, MBA in Operations, MBA in International Business, MBA in Business Analytics |
When it comes to MBA programs, Delhi is one of the most popular destinations. With the position of a National Capital and an active corporate interface, the mood and wave it provides are very appropriate and distinct. The following are some important reasons why Delhi is one of the most sought-after educational destinations:
The capital city is home to a number of uncontested top MBA schools. In addition to a number of top MBA programs, Delhi provides industry contacts due to the presence of a big number of Fortune 500 organizations. Students can also pick from a variety of MBA specializations provided by these universities.
Top MBA institutions in Delhi accept marks from a variety of national and state-level examinations. The most common qualifying test for admittance to MBA programs in Delhi is the CAT. This test is followed by others like the MAT, XAT, CMAT, ATMA, MAH CET, SNAP, MHT CET, NMAT, ICAR AIEEA, and so on..
MBA Colleges in Delhi: Eligibility Criteria
The eligibility criteria for MBA courses may differ from one college to another. However, the basic eligibility criteria for MBA is as follows:
- Candidates must have passed graduation in any discipline or equivalent from a recognised university or institute.
- Most of the institutes follow the minimum score criteria in graduation which is 50% aggregate or equivalent CGPA. For reserved category students, the minimum score is 45% in aggregate or equivalent CGPA. However, this may vary from one institute to another.
- Final-year graduation students are also eligible to apply for MBA, provided they present the proof of completion of graduation degree within the duration specified by the institute.
List of Top Private and Government MBA Colleges in Delhi
Private MBA Colleges in Delhi
Refer to the table below to know the top private MBA colleges in Delhi with fees:
| Name of the Institute | Course Fee (in Rs) |
|---|---|
| International Institute of Health Management Research | 7.25 lakh |
| International College of Financial Planning (ICOFP) | 7.2 lakh |
| JIMS Kalkaji | 7.95 lakh |
| IMI Delhi | 17.68 lakh |
| Lal Bahadur Shastri Institute of Management | 11.67 lakh |
Government MBA Colleges in Delhi
Refer to the table below to know the top government/public MBA colleges in Delhi with fees:
| Name of the Institute | Course Fees (in Rs) |
|---|---|
| Department of Management Studies, IIT Delhi | 8.8 lakh to 9.6 lakh |
| Indian Institute of Foreign Trade | 18.24 lakh |
| Jamia Milia Islamia | 47K to 1.3 lakh |
| Faculty of Management Studies | 1.92 lakh |
| Delhi School of Management, DTU | 3.96 lakh |
Top 10 Government MBA Colleges in Mumbai
Tabulated below is the list of top 10 MBA colleges in Mumbai along with their average annual fees:
| Name of the College | Average Annual Fees |
|---|---|
| Shailesh J. Mehta School of Management, IIT Bombay - [SJMSOM], Mumbai | INR 6,91,000 |
| National Institute of Industrial Engineering - [NITIE], Mumbai | INR 7,03,000 |
| IIT Bombay - Indian Institute of Technology - [IITB], Mumbai | INR 50,400 |
| Mumbai University - [MU], Mumbai | INR 55,000 |
| Shreemati Nathibai Damodar Thackersey Women's University - [SNDT], Mumbai | INR 1,00,905 |
| Hansraj Jivandas College of Education, Mumbai | INR 6,600 |
| Thakur Institute of Management Studies and Research - [TIMSR] Mumbai | INR 63,791 |
| Vikas Night College of Arts Science and Commerce, Mumbai | - |
| Thakur Global Business School - [TGBS], Mumbai | INR 4,80,000 |
| Sasmira The Synthetic and Art Silk Mills Research Association - [SASMIRA], Mumbai | INR 1,99,000 |
Rankwise Best Government MBA Colleges In India With Fee Structure
An MBA is seen as a symbol of social and professional achievement in India. MBA has grown in popularity in India to the point that it is more than just a certification. Management studies are available in both private and governmental institutions in India. Let’s have a look at the best government MBA institutions in India.
Listing below Rankwise Best Government MBA Colleges in India-
1- Indian Institute of Management Ahmedabad(IIMA)
2- Indian Institute of Management Bangalore(IIMB)
3- Indian Institute of Management Kolkata(IIMC)
4- Indian Institute of Management Lucknow(IIML)
5- Indian Institute of Management Indore(IIMI)
6- Indian Institute of Management Kozhikode (IIMK)
7- Management Development Institute Gurgaon(MDI)
8- Faculty of Management Studies Delhi University New Delhi(FMS)
9- Jamnalal Bajaj Institute of Management Studies Mumbai(JBIMS)
10- Indian Institute of Foreign Trade New Delhi(IIFT)
Frequently Asked Questions
1.What is fees for MBA in India?
Answer. MBA fees in India ranges from INR 20,000 to INR 40 lakh for 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 programme ranges from INR 20,000 to INR 40 lakh.
2. What is the fees of top MBA colleges in India?
Answer. The present MBA Fee for IIMs ranges from Rs 12 Lakhs to Rs 23 Lakhs and the MBA Fee for Top PGDM B-schools like XLRI, MDI and SPJIMR ranges from Rs 15 Lakhs to Rs 23 Lakhs. So, MBA from most of the Top 10-20 B-schools in India will cost between Rs 12 lakhs and Rs 23+ Lakhs.
3. Which is the cheapest college for MBA in India?
Answer. 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 |
4. Which is No 1 College for MBA in India?
Answer. IIM Ahmedabad leads the list of the top MBA colleges in India followed by IIM Bangalore, then IIM Kolkata and so on. NIRF rankings showcasing the top MBA colleges in India 2021 include the above three and IIM Kozhikode, IITs like IIT Delhi, XLRI MDI Gurgaon to name a few.
5. Why is MBA so costly?
Answer. Many programs incorporate the costs of international business trips, real-world consulting projects, and other experiences into their fees. Equally, organizing career fairs, workshops, and coaching makes providing an MBA an expensive endeavor for schools.
6. How can I do MBA in low cost?
Answer. Register now for latest MBA Exam & Admissions 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 |
7. Can I do MBA without fees?
Answer. Free MBA Programs
There are actually some business schools that offers tuition-free accredited MBA programs. The Block School of Management at the University of Missouri-Kansas City offers its MBA program for free to all students enrolling in Fall 2016.