Careers360 Logo
Search Colleges, Exams, Schools & more
ask-icon
share
    Top 11 Cheapest MBA Colleges in India 2026 - Fees, ROI, Admission Criteria

    Top 11 Cheapest MBA Colleges in India 2026 - Fees, ROI, Admission Criteria

    #CAT
    Himanshu ShekharUpdated on 01 Dec 2025, 12:53 PM IST

    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 for the quality and quantity offered!

    This Story also Contains

    1. Cheapest MBA colleges in India
    2. Why You Should Think About Top Cheap MBA Colleges in India
    3. Cheapest Colleges to Study MBA - Eligibility Criteria
    4. Top Cheapest Colleges to Study MBA in India with Low Fees
    5. Cheapest colleges to study the MBA course in India - Placement
    6. Popular MBA Specialisations
    7. Low Rankings: Top MBA colleges in India
    Top 11 Cheapest MBA Colleges in India 2026 - Fees, ROI, Admission Criteria
    Cheapest Colleges to Study MBA

    Cheapest MBA colleges in India

    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.

    Why You Should Think About Top Cheap MBA Colleges 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 specialisation, such as Business Analytics, and General Management.

    Amity University-Noida MBA Admissions 2026

    Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.

    Apply
    ITM Business School MBA Admissions 2026

    400+ Company Visits | Highest CTC Offered: 21 LPA | Average CTC Offered: 8.65 LPA | 100% Placement Assurance

    Apply

    Popular MBA Examinations

    Confused between CGPA and Percentage?

    Get your results instantly with our calculator!

    💡 Conversion Formula used is: Percentage = CGPA × 9.5

    Cheapest Colleges to Study MBA - Eligibility Criteria

    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 recognised 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 a university which is recognised by law. Also, they are exempt from the above pattern. Their degree program should be of 3+2 years.
    CAT 2025 College Predictor
    Use CAT 2025 College Predictor to check your chances for IIM and top MBA calls based on CAT percentile, profile, work experience and cut-off trends.
    Use Now

    Resource Links for Online MBA

    UPES MBA Admissions 2026

    Last Date to Apply: 30th May | Ranked #36 amongst institutions in Management by NIRF | 100% Placement

    Apply
    BIMTECH PGDM Admissions 2026

    AACSB Accredited | Highest CTC: 22 LPA

    Apply

    Recommended eBooks

    Related eBooks and Sample Papers

    Latest

    View all Ebooks

    https://bschool.careers360.com/download/ebooks-and-sample-papershttps://bschool.careers360.com/download/ebooks-and-sample-papershttps://bschool.careers360.com/download/ebooks-and-sample-papershttps://bschool.careers360.com/download/ebooks-and-sample-papers

    Top Cheapest Colleges to Study MBA in India with Low Fees

    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

    FMS, Delhi

    Rs. 2.45 lakhs

    Department of Financial Studies (DFS), DU

    Rs. 97,000

    Delhi School of Economics, DU

    Rs. 97,540

    Tata Institute of Social Sciences (TISS), Mumbai

    Rs. 1.85 lakhs

    Pune University Department of Management Sciences (PUMBA)

    Rs. 60,800

    FMS BHU

    Rs. 99,290

    MSU Baroda

    Rs. 1.5 lakhs

    UBS Chandigarh

    Rs. 4 lakhs

    IGNOU Delhi

    Rs. 66,000

    JMI New Delhi

    Rs. 53,150

    Browse MBA Colleges By Location

    Cheapest Colleges to Study MBA - Admission Procedure

    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:

    Cheapest colleges to study the MBA course in India - Placement

    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

    FMS, Delhi

    Rs. 34.1 lakhs

    Department of Financial Studies (DFS), DU

    Rs. 15 lakhs

    Delhi School of Economics, DU

    Rs. 13.92 lakhs

    Tata Institute of Social Sciences (TISS), Mumbai

    Rs. 4.80 lakhs

    Pune University Department of Management Sciences (PUMBA)

    Rs. 18 lakhs

    FMS BHU

    Rs. 7.20 lakhs

    MSU Baroda

    Rs. 5 lakhs

    UBS Chandigarh

    Rs. 11.38 lakhs

    IGNOU Delhi

    Rs. 4.5 lakhs

    JMI New Delhi

    Rs. 4.20 lakhs

    Popular MBA Specialisations

    Mentioned below are some of the most popular MBA specialisations that are becoming increasingly popular with candidates pursuing this post-graduate program in leading colleges across India.

    Low Rankings: Top MBA colleges in India

    Many top colleges across the country 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: -

    Frequently Asked Questions (FAQs)

    Q: Which is the No 1 MBA college in India?
    A:

    According to the NIRF MBA rating, IIM Ahmedabad is the top B-school/ MBA college in India. Other top MBA colleges in Indian include IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIT-Delhi-DoMS.

    Q: Can a student with an undergraduate degree from an Open University apply for the MBA course?
    A:

    Yes, anyone who has a 3+2 years of educational qualification can apply for admission to an MBA course.

    Q: Is there any age limit to study MBA?
    A:

    There is no age limit to study MBA in any recognized institution. 

    Q: Can Someone with a BTech apply for an MBA?
    A:

    Yes, anyone with a 10+2+3 education irrespective of their bachelor's degree can apply for an MBA.

    Q: Do we get the option of studying MBA online?
    A:

    Yes, definitely distance MBA is offered in many recognized universities for students who cannot attend college.

    Q: Are the cheap colleges offering MBA any good?
    A:

    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.

    Articles
    Related Stories
    |
    Upcoming Bschool Exams
    Joint Entrance Management Aptitude Test
    Ongoing Dates
    JEMAT Application Date

    10 May'26 - 27 May'26 (Online)

    Certifications By Top Providers
    Certificate Program in Product Management
    Via Indian Institute of Technology Bombay
    Accounting and Finance
    Via Indian Institute of Management Bangalore
    Strategic Management
    Via Indian Institute of Management Bangalore
    Corporate Tax Planning
    Via Netaji Subhash Open University, Kolkata
    Online MBA
    Via Centre for Distance and Online Education, Sathyabama Institute of Science and Technology
    Executive Programme in Digital Marketing
    Via Indian Institute of Management Jammu
    Udemy
     703 courses
    Edx
     467 courses
    Swayam
     237 courses
    Emeritus
     232 courses
    Coursera
     214 courses
    Explore Top Universities Across Globe
    University of Essex, Colchester
    Wivenhoe Park Colchester CO4 3SQ
    Oxford Brookes University, Oxford
    Headington Campus Oxford OX3 0BP UK
    Northumbria University, Newcastle City Campus
    Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
    Cardiff Metropolitan University, Cardiff
    Llandaff Campus, Western Avenue, Cardiff, CF5 2YB
    University of Reading, Reading
    Whiteknights PO Box 217 Reading Berkshire RG6 6AH
    Bristol Baptist College, Bristol
    The Promenade, Clifton Down, Bristol BS8 3NJ

    Popular Courses and Specializations

    Popular Degrees

    Popular Branches

    List of colleges accepting CAT

    Questions related to CAT

    On Question asked by student community

    Have a question related to CAT ?
    i am cat 1 and 10years Kannada medium quota hoe much i score in neet

    For Cat-1 with 10-year Kannada medium quota, you should aim for around 350–450+ marks in NEET for safer chances in government colleges. Cutoff can change each year, but higher marks always improve your chances of getting a good seat.

    Read Complete Answer
    S
    Sonia Vats
    5 May'26
    I will be graduating from Online BCA degree from Amity online university . Then I am going for CAT examination. So I want to ask you is this BCA online degree from Amity online university is eligible for CAT exam and for admissions in top Business Schools like IIMs , FMS , XLRI , TISS etc. And for placements in these colleges .

    Hello Student,

    Yes, you are eligible for the CAT exam for Admission in top B-Schools. Most of the top B-Schools accept applications from Online Graduates as well, provided the institute from which they have graduated is recognised.


    Read Complete Answer
    B
    Bhanu Pratap
    29 Apr'26
    I had applied for kcet with my category certificate and income certificate which comes under CAT-1 in Karnataka but in final slip which I downloaded it still showed general merit category though i had given my RD number properly will i get another chance after exam to edit my application and get my reservation in 2026.

    Hello Student,

    You might have missed the chance to rectify this error as the correction window is closed. However, you can still claim CAT-1 reservation when the document verification phase starts.

    You need to have your original certificates and photocopies of your caste and income certificates. Make sure both have

    Read Complete Answer
    B
    Bhanu Pratap
    1 May'26
    CMC ludhiana neet UG2025 cat wise cut off

    Hello Student,

    You can click on the link below, where we have given steps on how to become a loco pilot. You can go to the How To Become a Loco Pilot Section and check the steps there.

    Link - How to Become a Loco Pilot

    Read Complete Answer
    B
    Bhanu Pratap
    29 Apr'26
    Cat ka simple paper chahiye tha sir / ma'am kya hme milega ??
    Read Complete Answer
    G
    Gursimran Kaur
    7 Apr'26
    View all

    Popular CAT Questions

    Directions for question :

    M/s Deloitte Touche Tohmatsu Limited, one of the top four audit and accounting firms in the world with headquarters at London, UK, and with an operational presence in 153 countries, hires Management Trainees (MT) from all the premier management institutes of India thrice every year, in

    Read Complete Answer

    Directions for question:

    Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space

    Read Complete Answer

    Directions for question :

    Six sticks of equal lengths were kept in the vertical position in an empty flower-vase, to be arranged at the six corners of a regular hexagon. The two ends of each of the sticks were of different colours. 

    The top ends of the sticks were one

    Read Complete Answer

    Directions for question:

    Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space

    Read Complete Answer

    Directions for question:

    Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space

    Read Complete Answer

    Directions for question:

    Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space

    Read Complete Answer

    Directions for question:

    Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space

    Read Complete Answer

    Directions for question:

    Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space

    Read Complete Answer

    Directions for question:

    The bar-graph given below shows the foreign exchange reserves of Nepal (in million Rupees) from 2014 to 2021. Answer the following questions based on the graph :

    Question:

    What was the percentage increase (rounded to the nearest integer, if deemed necessary) in the foreign exchange reserves in

    Read Complete Answer

    Directions for question:

    The Jadavpur University’s Prince Anwar Shah Road hostel consists of two large separate buildings, one for the ladies and the other for the gents, while having a common kitchen and dining hall. It is the hostel of the CS and the EEC department of engineering students of

    Read Complete Answer

    MBA/PGDM Admissions OPEN

    Amity University-Noida MBA Admissions 2026
    Apply

    Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.

    N. L. Dalmia Institute of Management, PGDM Admissions 2026
    Apply

    AICTE Approved | NBA Accredited | NAAC A+(2nd Cycle) Accredited. Highest CTC: 24 LPA | Average CTC: 11.17 LPA

    Siva Sivani Institute of Management PGDM Admissions 2026
    Apply

    98.74% Students Placed | 180+ Recruiters on Campus | Average CTC 7.25 LPA

    Indus University MBA Admissions 2026
    Apply

    Highest CTC 16 LPA | Top Recruiters: Accenture, TCS, Tech Mahindra, Capgemini, Microsoft

    Manav Rachna-MBA Admissions 2026
    Apply

    Recognized as Category-1 Deemed to be University by UGC | 41,000 + Alumni Imprints Globally | Students from over 20+ countries

    Reva University MBA Admissions 2026
    Apply

    QS I-Gauge Diamond Rated | NAAC A+ Accredited | 621 Recruitment Partners | INR 40 LPA Highest CTC | 4482 Job offers

    View all Application Forms

    CAT Notifications

    Latest updates

    Explore Career Options

    By Industry
    Marketing Director

    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. 

    4 Jobs Available
    Business Development Executive

    A Business Development Executive identifies and pursues new business opportunities to drive company growth. They generate leads, build client relationships, develop sales strategies, and analyse market trends. Collaborating with internal teams, they aim to meet sales targets. With experience, they can advance to managerial roles, playing a key role in expanding the company’s market presence and revenue.

    3 Jobs Available
    Content Marketing Specialist

    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.

    3 Jobs Available
    Sales Manager

    A Sales Manager leads a sales team to meet targets, formulates strategies, analyses performance, and monitors market trends. They typically hold a degree in management or related fields, with an MBA offering added value. The role often demands over 40 hours a week. Strong leadership, planning, and analytical skills are essential for success in this career.

    2 Jobs Available
    Marketing Manager

    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.

    2 Jobs Available
    SEO Analyst

    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. 

    2 Jobs Available
    Digital Marketing Executive

    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.

    2 Jobs Available
    Business Analyst

    Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.

    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. 

    2 Jobs Available

    Never miss CAT update

    Get timely CAT updates directly to your inbox. Stay informed!