Careers360 Logo
ask-icon
share
    Best MBA Colleges Under Rs 10 Lakh in India: Fees, Placements, Salary and ROI
    • Articles
    • Best MBA Colleges Under Rs 10 Lakh in India: Fees, Placements, Salary and ROI

    Best MBA Colleges Under Rs 10 Lakh in India: Fees, Placements, Salary and ROI

    #MBA
    Gursimran KaurUpdated on 20 Aug 2026, 06:39 PM IST

    Best MBA Colleges Under 10 Lakhs - Several reputed institutes in India are offering MBA courses with fees below Rs 10 lakh while providing strong placement opportunities. Candidates who wish to take MBA 2027 admission at colleges that have low fees but offer high MBA placement packages can check institutes such as FMS Delhi, IIT Kanpur, JMI, and IMS BHU. These institutes stand out for their combination of affordable education and good placement outcomes, with the MBA highest salary reaching 1 crore and the lowest being as low as 50,000. This article covers the best MBA colleges under Rs 10 lakh, along with their fees, placement performance, median salaries, and key institute details.

    Best MBA Colleges Under Rs 10 Lakh in India: Fees, Placements, Salary and ROI
    Best MBA Colleges Under Rs 10 Lakh in India: Fees, Placements, Salary and ROI

    Low Fees & High Placement MBA Colleges

    FMS Delhi offers the highest median salary of Rs 29.59 LPA against a fee of just Rs 2.43 lakh, making it the strongest option in terms of ROI. Candidates can check the table below comparing the MBA fee and placement of the colleges.

    Colleges

    MBA Fee

    Median Salary 2023-25

    IIT Kanpur

    8,00,000

    16.50 LPA

    NIT Tiruchirappalli

    2,91,700

    8.50 LPA

    FMS New Delhi

    2,43,272

    29.59 LPA (2024-26)

    JMI New Delhi

    53,750 - 1,24,000

    16.00 LPA

    IMS BHU

    50,00 - 1,00,000

    9,20,000

    Watch the Careers 360 video for the Low Fee MBA Colleges

    IIT Kanpur: Overview

    IIT Kanpur's Department of Management Sciences (DoMS) offers an MBA at an approximate fee of Rs 8 lakh. The institute, established in 1959, has a strong academic reputation and was ranked 27th in the NIRF 2025 rankings.

    Components

    Details

    Established Year

    1959

    Institute Type

    INIs

    NIRF Ranking (2025)

    27

    Total Students

    204

    Total Male

    180

    Total Female

    24

    Outside State

    153

    Within State

    48

    Total faculty

    30

    Fee (approx.)

    8,00,000

    IIT Kanpur DoMS Placements

    IIT Kanpur reported 100% placement among students considered for placement after accounting for students who opted for higher studies. Despite the recent decline, the latest median salary remains double of the programme fee, highlighting the institute's strong value proposition.

    Category

    2022–23

    2023–24

    2024–25

    Students Admitted

    39

    54

    135

    Students Graduating

    39

    49

    135

    Students Placed

    37

    44

    122

    Opted for Higher Studies

    2

    5

    13

    Placement %

    100%

    100%

    100%

    Median CTC (₹)

    17,25,000

    19,90,000

    16,50,000

    NIT Tiruchirappalli Overview

    With an approximate fee of Rs 2.92 lakh, NIT Tiruchirappalli is considerably more affordable than many premier management institutes. The institute was established in 1978 and secured 57th position in the NIRF 2025 rankings.

    Components

    Details

    Established Year

    1978

    Institute Type

    Constituent Colleges

    NIRF Ranking (2025)

    57

    Total Students

    196

    Total Male

    132

    Total Female

    64

    Outside State

    123

    Within State

    73

    Total faculty

    16

    Fee (approx.)

    2,91,700

    NIT Tiruchirappalli MBA Placements

    While the MBA median salary at NIT Tiruchirappalli has remained stable in the last three years the placement percentage has declined.

    Category

    2022–23

    2023–24

    2024–25

    Students Admitted

    98

    89

    96

    Students Graduating

    91

    87

    95

    Students Placed

    88

    79

    77

    Opted for Higher Studies

    0

    4

    2

    Placement %

    96.70%

    95.18%

    82.80%

    Median CTC (₹)

    8,70,000

    8,70,000

    8,50,000

    FMS Delhi: Overview

    In the list of MBA colleges with low fees, FMS stands out the most. FMS is among the strongest ROI focused B-Schools.

    Components

    Details

    Established Year

    1954

    Institute Type

    Constituent Colleges

    Ownership

    Public

    Campus size

    7 acres

    Batch size

    307

    Students placed

    287

    Companies rolled out offers

    103

    Faculty-to-student ratio

    1:6

    Fee (approx.)

    2,43,272

    FMS Delhi Placements

    FMS Delhi reported a median CTC of Rs 29.59 LPA and an average CTC of Rs 32.27 LPA, while the highest CTC reached Rs 1.10 crore. Around 75% of the batch received an MBA salary above 25 LPA.

    Placement Components

    Details

    Highest CTC

    ₹1.10 CR

    Average CTC

    ₹32.27 LPA

    Median CTC

    ₹29.59 LPA

    Top 10% Average CTC

    ₹60.67 LPA

    Top 100 Average CTC

    ₹45.19 LPA

    Offers Above ₹25 LPA

    74.9% of the batch

    JMI New Delhi: Overview

    Jamia Millia Islamia was established in 1920; it has been ranked 28th in the NIRF 2025 MBA rankings. The MBA fee for JMI is between 53,750 to 1.24 lakh, making it one of the cheapest colleges offering MBA courses.

    Components

    Details

    Established Year

    1920

    Institute Type

    Central University

    NIRF Ranking (2025)

    28

    Total Students

    209

    Total Male

    101

    Total Female

    108

    Outside State

    163

    Within State

    15

    Total faculty

    16

    Fee (approx.)

    53,750 - 1,24,000

    JMI New Delhi MBA Placements

    Over the past three years, the JMI MBA placements have seen stable growth, with the MBA median salary for the 2023- 25 batch reaching 16 LPA. The institute has also reported a 100% placement percentage in the last three years.

    Category

    2022–23

    2023–24

    2024–25

    Students Admitted

    63

    103

    105

    Students Graduating

    63

    103

    105

    Students Placed

    60

    97

    94

    Opted for Higher Studies

    3

    6

    11

    Placement %

    100%

    100%

    100%

    Median CTC (₹)

    10,20,000

    12,60,000

    16,00,000

    IMS BHU: Overview

    Established in 1968, IMS BHU has been ranked 60th in the NIRF 2025 MBA ranking. The approximate fee of MBA at BHU ranges from Rs 50,000 to Rs 1 lakh, making it accessible to students seeking a low-cost management education.

    Components

    Details

    Established Year

    1968

    Institute Type

    Constituent College

    NIRF Ranking (2025)

    60

    Total Students

    383

    Total Male

    260

    Total Female

    123

    Outside State

    227

    Within State

    145

    Total faculty

    29

    Fee (approx.)

    50,000 - 1,00,000

    IMS BHU MBA Placement

    IMS BHU reported a median CTC of Rs 11.8 lakh in 2022-23 and Rs 12.1 lakh in 2023-24, before falling to Rs 9.2 lakh in 2024-25. The placement rate also declined from 100% in the first two years to 94.51% in 2024-25.

    Category

    2022–23

    2023–24

    2024–25

    Students Admitted

    179

    180

    185

    Students Graduating

    175

    180

    185

    Students Placed

    174

    178

    172

    Opted for Higher Studies

    1

    2

    3

    Placement %

    100%

    100%

    94.51%

    Median CTC (₹)

    11,80,000

    12,10,000

    9,20,000

    These MBA colleges prove that a good MBA does not always require a high investment. But it should be noted that MBA placement performance should always be evaluated in the context of the fees charged. Comparing low-fee MBA institutes directly with IIMs may not give an accurate picture.

    FMS Delhi has emerged as the strongest ROI option, while IIT Kanpur offers the advantage of an IIT brand and strong placement outcomes. Needless to say, aspirants should evaluate fees, placement percentage, median salary, and overall ROI together to make a responsible decision.

    Certifications By Top Providers
    Online MBA
    Via Guru Jambheshwar University of Science and Technology, Hisar
    Corporate Tax Planning
    Via Netaji Subhash Open University, Kolkata
    Strategic Management
    Via Indian Institute of Management Bangalore
    Online MBA Business Analytics
    Via Centre for Distance and Online Education, Anna University, Chennai
    Digital Marketing
    Via Panjab University, Chandigarh
    Online MBA
    Via Centre for Distance and Online Education, Anna University, Chennai
    Explore Top Universities Across Globe
    University of Essex, Colchester
    Wivenhoe Park Colchester CO4 3SQ
    Northumbria University, Newcastle City Campus
    Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
    Oxford Brookes University, Oxford
    Headington Campus Oxford OX3 0BP UK
    Cardiff Metropolitan University, Cardiff
    Llandaff Campus, Western Avenue, Cardiff, CF5 2YB
    University of Reading, Reading
    Whiteknights PO Box 217 Reading Berkshire RG6 6AH
    Bournemouth University, Bournemouth
    Fern Barrow, Poole, Dorset, BH12 5BB, United Kingdom

    Questions related to MBA

    On Question asked by student community

    Have a question related to MBA ?

    Hello Student,

    XAT is worth considering if you plan to pursue an MBA / PGDM from XLRI or other XAT-accepting B-schools. However, you cannot appear for XAT while you are in Class 10. Candidates must have a recognised bachelor’s degree of at least three years, while final-year graduation students can

    Hey there,

    If you mean free online MBA-level courses with certificates in India, the best legitimate option is SWAYAM, especially courses offered by IIM Bangalore. SWAYAM courses are free to learn; you generally pay only if you want the proctored certificate.

    Good options for 2026

    • IIM Bangalore (IIMBx): Marketing, Finance,

    Hello, some good institutes for MBA in Agribusiness Management include IIM Ahmedabad, IIM Lucknow, BHU Varanasi, MANAGE Hyderabad and College of Agribusiness Management, Pantnagar. The best choice depends on your entrance exam, budget, eligibility and preferred location.

    You can check the top MBA Agribusiness Management colleges and fee details here:

    Your academic profile is not bad, especially with 89.8% in Class 10 and 81% in B.Com . The 64.14% in Class 12 may affect eligibility for some companies, but it will not automatically prevent you from getting good placements.

    The important point is that different companies have different shortlisting criteria.