Top MBA Colleges in India With Low Fees & Better Placement

Top MBA Colleges in India With Low Fees & Better Placement

Edited By Sundararajan | Updated on Dec 10, 2024 11:54 AM IST | #MBA
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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.

Top MBA Colleges in India With Low Fees & Better Placement
Top MBA Colleges in India With Low Fees & Better Placement

MBA Colleges With Low Fees and Good Placements

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.

Best MBA Colleges in India with Low Fees

MBA Fees

FMS, Delhi

Rs. 0.20 lakhs

MSU Baroda

Rs. 0.29 lakhs

Delhi School of Economics, DU

Rs. 0.31 lakhs

IGNOU Delhi

Rs. 0.37 lakhs

UBS Chandigarh

Rs. 0.38 lakhs

JMI New Delhi

Rs. 0.47 lakhs

Department of Financial Studies (DFS), DU

Rs. 0.48 lakhs

FMS BHU

Rs. 0.98 lakhs

Tata Institute of Social Sciences (TISS), Mumbai

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.

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IIMs with Low Fee MBA

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

IIM Bodhgaya

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

IIM Sirmaur

Rs. 17.5 lakhs

IIM Sambalpur

Rs. 21.01 lakhs

IIM Visakhapatnam

Rs. 17.85 lakhs

IIM Shillong

Rs. 25.98 lakhs
Top UGC Approved Colleges for Online MBA
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Best MBA Colleges in India with Low Fee - City-Wise

Check out the city-wise colleges which offer MBA courses with low fees in India.

MBA with Low Fee in Delhi NCR

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

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

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

Browse MBA Colleges By Location

Check out the list of low fees MBA colleges in India, location-wise.

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Questions related to MBA

Have a question related to MBA ?

Choosing between ISBR Business School and Alliance University for MBA in Finance requires careful consideration of several factors, including program structure, accreditation fees , placements , and campus facilities.

In terms of Accreditation, ISBR offers PGDM program is AICTE-approved and NBA-accredited, whereas Alliance University is recognized by UGC and is a member of AACSB International.

As per the sites, in Alliance University , total fee for MBA program is approximately INR 15,00,000 and in ISBR , it might be something higher in terms of amount.

ISBR has a strong placement record with companies like Wipro, Infosys ,Accenture, Google, Dell recruiting from the campus. In Alliance University, highest salary offered was INR 26.10 LPA with an average salary of INR 8.5 LPA , top recruiters were Schneider Electric, Tech Mahindra and Bosch.

Conclusively, you should join the college which meets your priorities and requirements.

You can check out the following colleges that are in Pune and provide MBA in Data Analytics and at affordable fees:

  • Indira Institute of Management
  • IndSearch Institute of Management Studies and Research
  • Synergy Group of Institutes (Synergy, Pune)
  • Dhole Patil College of Engineering

Yes, Executive MBA (EMBA) students at IIMs may be eligible for scholarships, but the specific criteria and availability vary across institutions. Some IIMs offer scholarships to EMBA students based on academic performance, professional achievements, and GMAT scores.

  1. They offer need-Based Scholarships, this is  typically awarded to students from economically disadvantaged backgrounds.
  2. You can take a corporate Sponsorships, certain companies may sponsor scholarships for their employees pursuing EMBA programs at specific IIMs.

Do visit the official website of the IIM for official scholarships and their guidelines.

Hello aspirant,

No. A postgraduate degree is the Master of Business. The fundamental requirements for post-graduation participation are that one must have passed undergrad with a degree that is comparable or a degree in the appropriate field.
You need to clear all your arrears before joining the Master's programme. Before you join, the college or university will review all of your documents.

Thank you

Hi,

Based on the previous year analysis, According to your CAT 2024 percentile some of the colleges in which you have chances to get a seat includes:

  • ISBR Business School
  • SOIL Institute of Management
  • Birla Institute of Management Technology
  • GD Goenka University
  • The ICFAI University
  • Great Lake Institute of Management
  • Jaipur National University

You can predict more colleges using the CLAT 2024 college predictor tool .

Hope this information will help you

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