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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.
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.
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.
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.
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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 an MBA in India or abroad. Only one thing to keep in mind while applying for an educational loan, choose a loan with a favorable interest rate and ensure the repayment of the loan on time without failure.
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
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.
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: Top MBA Colleges in India with Low Fees & Better Placement
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 |
|
University of Victoria, Canada | Rs. 29,61,700 |
|
EU Business School, Barcelona | Rs. 19.28,690 |
|
University College of Birmingham, UK | Rs. 26,44,290 |
|
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.
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:
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 aspirant,
The question papers for CAT MGU University can be found on their official website, or you can also visit careers360 website for the same.
The link of which, I am attaching here,
https://university.careers360.com/articles/mgu-cat-2025
Regards
Hello Anshuman!!!
You have gotten 86% in 10th, which is a good score. 70% in graduation is not the best but decent. But the main problem is your 12th score which is 62%.
You would be already aware that the Top IIMs (BLACKI) give a big emphasis on your academic score. Let me tell you one example of IIM Ahmedabad,
According to a research i read a few days ago, in IIM Ahmedabad,
70.8%
of students has 90+ percent in 12th,
25.8%
has 80-90 percent and around
3.8%
has less than 80% with the bracket of 60-69 having only
0.26%
students of the total batch. Nearly same is the case of the other top IIMs like IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode and IIM Indore.
Statistically, getting into these TOP IIMs is possible with 62% in 12th is possible (0.26% has done it) but practically you cannot get into these TOP IIMs unless you top the CAT exam.
See, I don't wish to dishearten or demotivate you but I wish to tell you the truth. Although the probability of you getting into these TOP IIMs is very less, but trying is better than doing nothing. You have a good score in 10th which will certainly help you. The least you could do is try your best.
My advice would be that you should not focus on these things like "Will I get top IIM" or negative talk like " I got low marks I won't qualify" etc.
The main focus should be on your preparation.
Give 100% in your preparation because that's the only thing in your hand. You can't change your 10th/12th/Graduation scores but you can put some more effort in your preparation which would certainly help to get better percentile.
Keep working hard and give your best. You might surprise yourself!!! And if not BLACKI, there are many other good colleges like FMS, MDI, newer IIMs etc.
Hello,
Yes, with a 622 rank in IPU CET for MBA and being a Delhi candidate, you have a good chance of getting admission in MAIT (Maharaja Agrasen Institute of Technology).
You don’t need to worry about not giving the CAT exam. IPU CET rank is enough for admission in MAIT under the CET quota.
Just make sure to keep MAIT high in your preference list during counselling.
Hope it helps !
Hello,
A NEET 2025 score of 333 marks, an All India Rank (AIR) near 3,56,000, and belonging to the SC category from Andhra Pradesh suggest a fair possibility of obtaining an MBBS seat within the state quota, especially in private medical colleges under Category A (government quota seats in private institutions).
In Andhra Pradesh, SC category cut-offs for Category A seats in private institutions generally vary from 320 to 370, influenced by the college and the counselling round. Government medical colleges tend to be more competitive, with the SC cut-off for MBBS frequently rising, often exceeding 400 marks.
Although obtaining a government MBBS seat is improbable, you stand a feasible opportunity in private medical colleges within A category (which offer lower tuition than B and C categories). In Round 2 or the Mop-Up round, you can anticipate improved opportunities, since cut-offs generally decrease when other students move to superior colleges or vacate seats.
Colleges such as NRI Medical College (Guntur), Katuri Medical College (Guntur), Great Eastern Medical School (Srikakulam), Alluri Sitarama Raju Academy of Medical Sciences (Eluru), and Fathima Institute of Medical Sciences (Kadapa) are among those where seats could become available for SC students in subsequent rounds under Category A.
Hope this helps. All the best!
Yes, candidates who qualify in CUSAT CAT can gain admission to various participating institutes based on their rank. These include engineering colleges associated with CUSAT, such as its own School of Engineering in Kochi, Model Engineering College, and over 20 government and private engineering colleges across Kerala like College of Engineering Thrikkaripur, Co-operative Institute of Technology Vadakara, and MG College of Engineering Thiruvallam. The final seat allotment is based on your rank and your choice of program during the counselling process.
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 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.
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 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.
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.
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.
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