Great Lakes PGPM & PGDM 2025
ApplyAdmissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 10th Feb 2025
MBA is one of the most demanding master’s programmes chosen by the candidates after the completion of a bachelor's degree in any stream. As per the latest reports, the cost of studying MBA in the USA and UK ranges from Rs. 60 lakhs to Rs. 65 lakhs. However, the cost of studying MBA in India is around Rs. 26 lakhs to Rs. 35 lakhs. The MBA course fee can vary from one institute to another based on its rankings and reputation. Following some money-saving tips for an MBA helps students achieve their goals and complete the course at an affordable MBA fees. Read this article further to understand some of the tips that help candidates save money for doing an MBA course.
How to save money for an MBA?
Due to the high demand for an MBA, the course fee required to join the management programme at top B-schools in India or abroad will be higher. Candidates who wish to do the MBA must know some money saving tips for doing MBA. When choosing an MBA, the important thing to be considered is the financial investment for completing the course. The course fee for doing an MBA programme at tier 1, tier 2 and tier 3 institutes from India is different from one to another.
Money Saving Tips For MBA Students
The below 5 money saving tips will help the candidates to do an MBA at an affordable cost. These cost-saving techniques will help MBA aspirants to do an MBA from any of the top B-schools in India. The money saving tips for doing an MBA are mentioned below.
Tip 1: Research about MBA Specialisations and Job Market
MBA opens the door to new opportunities and enhances our professional skill set. So, before choosing an MBA, the candidates must do thorough research regarding the MBA specialisations, reputation of the MBA institutions, best MBA ROI, MBA salary, and MBA placements. The result of this research will help the candidates save money for an MBA by making the right decision and achieving their dreams without burdens.
Tip 2: Apply for a Bank loan
Candidates who are worried about the payment of course fees and other expenses to pursue an MBA can directly approach the banks. The bank offers education loans for students who wish to do MBA in India or abroad. Only one thing to keep in mind while applying for an educational loan, choose a loan with a favourable interest rate, and ensure the repayment of the loan on time without failure.
Tip 3: Avail of the MBA Scholarships
Many MBA universities and colleges offer financial aid to students by offering scholarships based on their academic performance and other extracurricular activities. In addition to this, the central and state government also offers scholarships to the students to pursue their higher studies.
Check out | Scholarship for MBA Students in India: Types, Qualifications
Tip 4: Start to earn during the course period itself
Try to start saving money during your study period by doing part-time jobs, paid internships or freelancing. This practice will help the students to ease the financial burden and source of income for living expenses. The main advantage of doing a job during your study period will be an added advantage to your career.
Tip 5: Maximise the use of B-Schools facilities and resources
Most of the top MBA institutes offer academic and infrastructure facilities for students. The candidates can make use of the library, online study materials, and other learning materials to enhance their knowledge and skills. Students can attend the workshops, placement-oriented training sessions, and other placement-related activities offered by the institutions. Students can avoid paying charges for similar services outside the campus.
MBA aspirants also search for:
MBA aspirants can also apply for various management specialisations offered at low-cost colleges. Some of the MBA Institutes offering management courses with lower fees in India are mentioned below.
Colleges | Course Fees |
Rs. 2,00,960 | |
Rs. 48,000 | |
Rs. 31,392 | |
Rs. 1,14,600 | |
Rs. 1,32,000 | |
KJ Somaiya Institute of Management Studies and Research, Mumbai | Rs. 12,35,850 |
MBA aspirants who wish to do an MBA from abroad has also plenty of opportunities. Candidates can avail the scholarships based on their profile. Some of the top B-schools available outside India with low fees are mentioned in the table below.
MBA Colleges Abroad | MBA Fees | MBA Scholarships |
Memorial University of Newfoundland, Canada | Rs. 3,93,200 | Faculty Of Business Administration MBA Entrance Scholarships Faculty Of Business Administration MBA Indigenous Entrance Scholarship |
University of Victoria, Canada | Rs. 29,61,700 | Ritchie Foundation MBA Entrance Scholarship MBA Pay-it-Forward Award James A. Mossey Award |
EU Business School, Barcelona | Rs. 19.28,690 | EADA Scholarships Barcelona GSE Master Scholarship |
University College of Birmingham, UK | Rs. 26,44,290 | Academic Excellence Scholarship Sporting Excellence Scholarship |
Technical University of Munich, Germany | Rs. 12,00,000 | - |
University of Tuebingen, Germany | Rs. 8,00,000 | - |
Kaplan Business School, Sydney | Rs. 27,00,000 | Asia- International Student Scholarship |
International Institute of Business and Information Technology, Sydney | Rs. 32,00,000 | Federation University Australia Global Excellence Scholarship |
Deusto Business School, Spain | Rs. 10,00,000 | - |
EAE Business School, Spain | Rs. 24,00,000 | Academic Excellence Grant |
Also Read:
MBA in India vs MBA Abroad: Which one is better?
MBA aspirants looking for management courses can check out the top colleges with low fees located in different cities in India from the links below.
MBA Colleges in India: Location-wise
Interested candidates can apply for the MBA after the completion of 3 years bachelor’s degree. The main thing the students need to face is the expenses required to do an MBA programme. The candidates can apply for MBA specialisations with low fees offered by the below institutes.
Pune University Department of Management Sciences (PUMBA)
Tata Institute of Social Sciences (TISS), Mumbai
IGNOU Delhi
Delhi School of Economics, DU
Dr. D.Y. Patil Institute of Management and Entrepreneur
Yes, MBA aspirants can apply for the various scholarships offered by the government or private. The IIMs and other NMBA institutes also provide scholarships for eligible candidates. The scholarships are offered based on some eligibility criteria, entrance exam scores, and academic performance.
Candidates who wish to do an MBA from India can expect expenses like college application fees, tuition fees, mess fees, admission fees, entrance examination fees and preparation fees.
The 5 money saving tips for your MBA are as follows:
Research about the MBA specialisation and institutes.
Apply for educational loans from banks at favourable interest rates if required.
Apply for the scholarships or grants offered by the government or MBA Institutes.
Start to earn during the study period itself by doing part-time jobs, internships or freelance work.
Try to utilise the resources available at the MBA colleges.
Yes, the candidates can do MBA without paying course fees from the top B-schools based on their previous academic performance, entrance exam score and performance in other extra curricular activities.
Hello
If you are aiming for the CAT exam this year and considering joining the fourth year, it might be a good idea if you are confident in managing both your academic workload and CAT preparation .
However, the CAT exam is competitive and balancing your BCom studies and preparation might be challenging.
If you think you can handle the extra year and need more time for focused preparation , joining the fourth year could provide that but you should also evaluate your current academic commitments and your ability to stay consistent with CAT preparation .
Hope this gives you the clarity you need.
Hello,
Securing a seat in a National Institute of Technology (NIT) with a JEE Main score of 67 as an SC category candidate is challenging. Consider the following points:
Qualifying Cutoff : The expected qualifying cutoff for SC candidates in JEE Main 2025 is around 65 marks.
Admission Prospects : While you may qualify for JEE Advanced, admission to NITs typically requires higher scores. For instance, in previous years, SC candidates needed higher marks to secure seats in NITs.
Improvement Opportunity : Consider preparing for the next JEE Main attempt to achieve a higher score, thereby enhancing admission prospects in subsequent counseling rounds.
You can also use the JEE Mains College Predictor Tool to predict which college you can get based on your score.
Hope you find it useful!
Hello,
With an 88 percentile in the JEE Main exam and belonging to the SC category from Karnataka, your chances of securing a Computer Science Engineering (CSE) seat in NITs, IIITs, or GFTIs are as follows:
NITs :
IIITs :
GFTIs :
Hope you find it useful !
Hello,
According to the NIFT 2025 exam schedule , the General Ability Test (GAT) is from 9:00 AM to 11:00 AM, and the Creative Ability Test (CAT) is from 2:30 PM to 5:30 PM. This indicates a gap of 3.5 hours between the two tests.
The official guidelines do not specify whether candidates are allowed to leave the exam center during this interval. Therefore, it's advisable to:
Check the Admit Card : Specific instructions regarding breaks may be mentioned.
Contact the Exam Center : Reach out directly to confirm their policy on leaving during the interval.
By taking these steps, you can ensure compliance with the exam center's policies and plan your day effectively.
Hope you find it useful !
The CDAC C-CAT exam dates for the August 2025 batch haven't been announced yet. However, I can provide you with some information on the exam schedule for the February 2025 batch, which might give us an idea of what to expect for the August batch.
The CDAC C-CAT exam for the February 2025 batch was held on January 11 and 12, 2025.The application form for the February batch was available from November 2024 to December 30, 2024.
Typically, the CDAC C-CAT exam is conducted twice a year, in June and December, for admissions to the August and February batches, respectively. However, the exact dates for the August 2025 batch will be announced separately.
To stay updated on the CDAC C-CAT exam dates and other important events, I recommend checking the official CDAC website regularly.
BEST OF LUCK!!
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.
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.
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 | Application Deadline: 10th Feb 2025
Ranked #41 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply: 25th Feb
NBA Accredited | AICTE Approved
Round 03 Applications Deadline - 21st March 2025 | Average CTC 15.10 LPA
Last Date of Applications- 20th February |250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row
Triple Accreditation (NBA, IACBE & SAQS) | Dual Specialisation | Merit-Based Scholarships Available