Great Lakes - PGPM & PGDM 2025
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
Cheapest MBA colleges in India: India is an ideal destination for students looking for affordable and quality higher education. MBA courses are very popular in India. Many students choose to join MBA programs as MBA courses are included in the curriculum of various Indian universities. However, the degree comes with a huge financial commitment, making it out of reach for many with limited financial resources. This article lists the cheapest colleges to study MBA courses in India with low fees and the best return on investment, so you don't have to settle between the quality and quantity offered!
With a rise in demand for graduates and postgraduates (administrators) who can efficiently understand, evaluate and run growing businesses, many good colleges have come up with cheap yet quality courses in MBA. Metropolitan cities such as Mumbai, Delhi, Gujarat, and Kolkata have good yet affordable MBA colleges with good faculty and outstanding facilities in India.
The purpose of an MBA course is to create leaders in Business Management. However pursuing some of these MBA programs in big institutions such as IIMs, XLRI, MDI, and NMIMS in India can be really expensive. Some of these courses are designed with a lot of intricate details to ensure the overall grooming of the students, so they are capable of negotiating, critical thinking, ethics, teamwork and time management. There are various MBA streams from which students can opt for their specialization, such as Business Analytics, and General Management.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Popular MBA Examinations
The eligibility criteria to seek MBA admission to any of the MBA colleges is more or less the same. Students have to complete their bachelor's from any stream before applying to the MBA colleges. Moreover, many of the top MBA colleges prefer students who have at least two or three years of work experience. The general MBA eligibility criteria to get admission into any of the top cheap MBA colleges in India are mentioned below: -
The students must have completed their education in the 10+2+3 pattern or in the 10+2+4 pattern.
In their undergraduate studies, candidates must have scored around 50% aggregate marks (45% for reserved categories).
Their undergraduate degree has to be from an institution that is recognized by the UGC Act.
Candidates who have completed their undergraduate and postgraduate education from an open university or through correspondence must have done so from the universities which are recognized by the law. Also, they are exempted from the above pattern. Their degree program should be of 3+2 years.
Students are taught well the basics and advanced topics in the field and are groomed to become world leaders in the future. Some of the top colleges that provide the lowest MBA fees in India are spread across the states so that the students can choose their convenience, and they do not have to move around and look for colleges and courses in other states.
Here is a list of the top cheap MBA colleges in India, along with their course fees: -
Top MBA colleges with low fees in India | Course fees |
Rs. 0.20 lakhs | |
Rs. 0.48 lakhs | |
Rs. 0.31 lakhs | |
Rs. 1.14 lakhs | |
Rs. 1.32 lakhs | |
Rs. 0.98 lakhs | |
Rs. 0.29 lakhs | |
Rs. 0.38 lakhs | |
Rs. 0.37 lakhs | |
Rs. 0.47 lakhs |
Browse MBA Colleges By Location
Before applying to the MBA colleges in India, the students must check the eligibility criteria. They must make sure they abide by the criteria and rules mentioned in the eligibility criteria list and then proceed further. If at any stage, the student is found to have not complied with the eligibility guidelines, then his/her admission shall be cancelled. Some of the common admission steps for top cheap MBA colleges in India are given below: -
Firstly, select the perfect MBA degree. For example, if you are interested in HR, go to a college in Bangalore. Similarly, if you are interested in finance, go to a college in Mumbai.
Then select what kind, of course, you would like, i.e., regular mode, online mode, or distance education mode.
Score a higher CGPA in your undergraduate degree. Check for the CGPA criteria for colleges.
Appear for entrance exams such as MAT, ATMA, MAH CET, XAT, or any suitable test whose scores are accepted by the college.
Create a good CV/ resume. In this, you are supposed to add all your previous achievements and educational qualifications.
Prepare for the selection process. If your name is featured in the merit list, complete the admission formalities and pay the course fees.
Also Read:
Here is a list of the top cheap MBA colleges with low fees and good placements in India, along with their MBA placement: -
Name of the college | Average/Median Salary |
Rs. 20.50 lakhs | |
Department of Financial Studies (DFS), DU | Rs. 15 lakhs |
Rs. 15 lakhs | |
Rs. 4.80 lakhs | |
Pune University Department of Management Sciences (PUMBA) | Rs. 18 lakhs |
Rs. 7.20 lakhs | |
Rs. 5 lakhs | |
Rs. 11.38 lakhs | |
Rs. 4.5 lakhs | |
Rs. 4.20 lakhs |
Mentioned below are some of the most popular MBA specializations that are becoming increasingly popular with candidates pursuing this post-graduate program in leading colleges across India.
There are many top colleges across the country that accept students with low ranks in their entrance exams. Students don't have to worry about scoring less they can apply to any of the following colleges to take admission to MBA programs: -
Yes, anyone who has a 3+2 years of educational qualification can apply for admission to an MBA course.
There is no age limit to study MBA in any recognized institution.
Yes, anyone with a 10+2+3 education irrespective of their bachelor's degree can apply for an MBA.
Yes, definitely distance MBA is offered in many recognized universities for students who cannot attend college.
There are many government colleges with low fees but are known to offer good quality education, which is in part with leading private colleges in India.
Top MBA colleges based on CAT, XAT, SNAP, and NMAT scores include some of India’s best institutions. For CAT, the IIMs (Ahmedabad, Bangalore, Calcutta) and FMS Delhi are highly regarded. XAT results in prestigious colleges like XLRI Jamshedpur and XIMB. SNAP is known for Symbiosis Institutes, such as SIBM Pune and SCMHRD. NMAT scores open doors to NMIMS Mumbai, SPJIMR Mumbai, and ISB Hyderabad. Each exam has unique eligibility requirements, and their cutoffs vary, so it's important to research the specific criteria and select based on your preferences and strengths.
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Here are important points regarding your query :-
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Based on the previous year analysis, According to your CAT 2024 percentile some of the colleges in which you have chances to get a seat includes:
You can predict more colleges using the CLAT 2024 college predictor tool .
Hope this information will help you
Hello Greetings
With a CAT 2024 percentile of 68.28%, you may face a challenging time getting into IIT Delhi, as their cutoffs are typically higher. However, being an SC female student, you may be eligible for relaxation in the cutoff criteria .
To give you a better idea, here are some general CAT cutoff percentiles for IITs and other top B-schools:
- *IIT Delhi*: Typically above 90 percentile for general category students.
- *Newer IIMs*: Such as IIM Vishakapatnam, IIM Shillong, and IIM Udaipur, may have lower cutoffs, around 80-90 percentile.
- *Other top B-schools*: Like IMT Ghaziabad, XIM Bhubaneswar, and TAPMI, may also consider students with lower percentiles.
It's essential to note that CAT cutoffs can vary from year to year, and other factors like your academic background, work experience, and performance in the personal interview (PI) and written ability test (WAT) also play a significant role in the admission process.
To explore more options and predict your chances of getting into various colleges, you can use online CAT college predictor tools .
Have a great day
Hello Greetings
Considering your 82.58 percentile in CAT and 22 months of industry experience in IT and Financial analysis, you have several options for General Management PGDM or PGPM programs.
*Decent Colleges Accepting Low CAT Percentile:*
- _SPJIMR_: Offers PGDM and PGPM programs, accepting CAT scores, with a minimum eligibility criterion of 50% aggregate in graduation ¹ ².
- _SOIL_: Provides PGPM and PGDM programs, considering CAT scores, with a focus on experiential learning ³.
- Other institutes like _IMT Ghaziabad_, _XIMB_, and _IRMA_ might also accept candidates with lower CAT percentiles, but this may vary depending on the program and intake.
*Key Factors to Consider:*
- _Work Experience_: With 22 months of experience, you might be eligible for PGPM programs, which typically require more work experience than PGDM programs ¹.
- _Career Gap_: Explain your career gap effectively in your application, highlighting any relevant activities or skills gained during that period.
- _Profile-Based Selection_: Some institutes consider profiles, including work experience, academic background, and extracurricular activities, in addition to CAT scores ¹.
*Next Steps:*
1. Research the institutes mentioned above and their programs.
2. Review the eligibility criteria, admission process, and fees for each program.
3. Prepare your application, ensuring you effectively communicate your strengths, work experience, and career goals.
4. Be prepared for interviews, focusing on your profile, experience, and motivation for pursuing a PGDM or PGPM program.
Remember, a lower CAT percentile doesn't necessarily limit your options. Focus on showcasing your strengths, experience, and fit with the program to increase your chances of admission.
Have a great day
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
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In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School of the Year
Highest CTC 35 LPA | Median CTC 9.27 LPA | 172+ Recruiters
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