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MBA is one of the most sought-after programmes after graduation and promises a bright career with lucrative opportunities. However, the MBA dream of many ambitious students is affected by unmanageable costs and fees. Yet, many MBA colleges in India with low fees still offer MBA programmes in various specialisations at an affordable fee and have a satisfactory MBA Return on Investment (ROI). Typically, government institutions and central universities offer MBA cheaper than private colleges and b-schools, such as IIMs, NMIMS, MDI and XLRI, and better placement opportunities. Here, this article will enlighten you on some of the MBA colleges with low fees and good placements in India.
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Apart from IIM, there are many B-Schools with the lowest MBA fees in India, which include JBIMS Mumbai, FMS Delhi, UBS Chandigarh, and USMS Delhi. Check out the list of MBA colleges with low fees and good placements. Check out the below-provided table below to see the lists of some of the best MBA colleges in India with low fees and good placements.
Top 10 MBA colleges in India with fee structure | MBA Fees |
Rs. 0.20 lakhs | |
Rs. 0.29 lakhs | |
Rs. 0.31 lakhs | |
Rs. 0.37 lakhs | |
Rs. 0.38 lakhs | |
Rs. 0.47 lakhs | |
Department of Financial Studies (DFS), DU | Rs. 0.48 lakhs |
Rs. 0.98 lakhs | |
Rs. 1.14 lakhs | |
Pune University Department of Management Sciences (PUMBA) | Rs. 1.32 lakhs |
These low fees MBA colleges in India charge between Rs 50,000 and Rs 6-7 lakh for a full 2-year full-time residential MBA programme, compared to other top MBA colleges like IIMs and XLRIs. MDI and SPJIMR have a pay structure ranging from Rs. 18 lakh to Rs. 25 lakh.
Government MBA colleges in India are known for their affordable prices and high-quality education. Here is a list of some of the best government MBA colleges with relatively low fees:
Government MBA Colleges | Government MBA Colleges Fees |
---|---|
Indian Institutes of Management (IIMs) | Rs 10–25 lakhs |
Faculty of Management Studies (FMS), University of Delhi | Rs 2–3 lakhs |
Department of Management Studies (DoMS), IITs | Rs 4–10 lakhs |
Indian Institute of Foreign Trade (IIFT), Delhi and Kolkata | Rs 10–15 lakhs |
Although private MBA colleges are generally more expensive than government institutions, some colleges offer quality education at relatively low fees.
Private MBA Colleges | Private MBA Colleges Fees |
---|---|
Symbiosis Institute of Business Management (SIBM), Pune | Rs 12–15 lakhs |
Xavier Institute of Management and Entrepreneurship (XIME), Bangalore | Rs 8–10 lakhs |
Institute of Management Technology (IMT), Ghaziabad | Rs 12–14 lakhs |
Great Lakes Institute of Management, Chennai | Rs 10–12 lakhs |
T.A. Pai Management Institute (TAPMI), Manipal | Rs 10–12 lakhs |
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
MBA Programme | Offered by | MBA Course Fees |
Rs. 48,200 | ||
Guru Jambheshwar University of Science and Technology, Hisar | Rs. 50,000 | |
Rs. 71,000 | ||
Rs. 79,000 | ||
Rs. 92,000 |
Among the IIMs, some institutes provide MBA programmes with comparatively low fees. These MBA programmes will help candidates who want to fulfil their dream of pursuing an MBA at IIMs, the premier management school in India. The MBA at IIMs entices students because of many aspects, including placements, international exposure, faculty, and the like. Some of the IIMs that offer MBA programmes are listed in the table below.
IIMs with Low Fee MBA | MBA Fee Structure |
IIM Amritsar | Rs. 21 lakhs |
Rs. 16.28 lakhs | |
IIM Jammu | Rs. 18.85 lakhs |
IIM Nagpur | Rs. 18.90 lakhs |
IIM Raipur | Rs. 18 lakhs |
IIM Rohtak | Rs. 17.90 lakhs |
IIM Tiruchirappalli | Rs. 19.50 lakhs |
IIM Udaipur | Rs. 21.61 lakhs |
Rs. 17.5 lakhs | |
Rs. 21.01 lakhs | |
IIM Visakhapatnam | Rs. 17.85 lakhs |
Rs. 25.98 lakhs |
Check out:
Check out the city-wise colleges that offer MBA courses with low fees in India.
MBA with Low Fee in Delhi NCR | Programme Fee |
FMS Delhi (University of Delhi) | Rs. 1,94,000 |
USMS (GGSIPU Delhi) | Rs. 2,52,000 |
SBPPSE (Ambedkar University, Delhi) | Rs.3,00,000 |
Delhi Technical University (Formerly Delhi College of Engg.) | Rs.4,25,000 |
DoMS-IIT Delhi | Rs.10,40,000 |
DSE Delhi (University of Delhi | Rs. 32,000 |
MBA with Low Fee in Bangalore | Programme Fee |
Bangalore University | Rs. 70,000 to 100,000 |
Visvesvaraya Technical University (VTU), Bangalore | Rs. 60,000 to 70,000 |
MBA with Low Fee in Mumbai | Programme Fee |
Jamna Lal Bajaj Institute of Management studies (JBIMS) Mumbai | Rs.6,00,000 |
PUMBA, Pune | Rs. 1,34,000 |
IIM Mumbai | Rs. 21,00,000 |
SIMSREE, Mumbai | Rs. 1,38,000 |
SJMSoM-IIT Bombay | Rs.10,08,000 |
Check out the list of low fees MBA colleges in India, location-wise.
To ensure you get the best value for your investment, you need to carefully consider several factors when choosing an affordable MBA college. Here are the key factors to consider:
Best MBA Colleges In India With Low Fees are listed below.
Hi Prathamesh, there are multiple colleges in India known for amazing placement packages. IIM Ahmedabad holds the top ranking in terms of placement statistics, followed by IIM Bangalore and IIM Calcutta. A few other reputable management institutes in India providing good placement packages are SPJIMR, NMIMS Mumbai, SIBM Pune, XLRI Jamshedpur, IIM Kozhikode, IIM Lucknow, etc.
All the best!
Hello,
Regarding your question colleges of MBA which are good for placements are:
1. IIM Ahmedabad... Read more at: https://www.careers360.com/user/qna/my-answers
Admissions committees at top tier colleges generally appreciate applicants who are clear about their career goals and reasons for pursuing further education,if you explain that you're starting your MBA at a lower ranked institute but want to upgrade to a more prestigious one to enhance your learning and career opportunities. The skills and experience you are gaining from your current MBA program show how these initial months are contributing to your personal and career development.
Yes it will be a good decision as pursuing an Additional PGDM cab be a significant financial and time commitment,it's worth it for you in terms of future salary ,job opportunities, and personal satisfaction.if you are certain that the PGDM from a top tier institution will lead to higher long term rewards it could be worth it.
As of 2025, India has over 5,000 MBA colleges, with the majority being privately owned.
Hi Khunal Bhopte, IIM Ahmedabad holds the top ranking in India, followed by IIM Bangalore, SP Jain Institute of Management, IIM Kolkata, Xavier School of Management are the top 5 colleges for MBA. There are various National level entrance exam exam are conducted, CAT,XAT, SNAP, NMAT, CMAT, MAT.
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