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    Top Affordable MBA Colleges in India with Low Fees and High Placements (2025)
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    • Top Affordable MBA Colleges in India with Low Fees and High Placements (2025)

    Top Affordable MBA Colleges in India with Low Fees and High Placements (2025)

    #MBA
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    SundararajanUpdated on 11 Sep 2025, 05:08 PM IST
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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 at a cheaper rate 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 Affordable MBA Colleges in India with Low Fees and High Placements (2025)
    MBA Colleges in India with Low Fees

    List of 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 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

    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.

    Government MBA Colleges with Low Fees

    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 CollegesMBA Fees in Government College
    Indian Institutes of Management (IIMs)Rs 10–25 lakhs
    Faculty of Management Studies (FMS), University of DelhiRs 2–3 lakhs
    Department of Management Studies (DoMS), IITsRs 4–10 lakhs
    Indian Institute of Foreign Trade (IIFT), Delhi and KolkataRs 10–15 lakhs
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    Private MBA Colleges with Low Fees

    Although private MBA colleges are generally more expensive than government institutions, some colleges offer quality education at relatively low fees.

    Private MBA CollegesPrivate MBA Colleges Fees
    Symbiosis Institute of Business Management (SIBM), PuneRs 12–15 lakhs
    Xavier Institute of Management and Entrepreneurship (XIME), BangaloreRs 8–10 lakhs
    Institute of Management Technology (IMT), GhaziabadRs 12–14 lakhs
    Great Lakes Institute of Management, ChennaiRs 10–12 lakhs
    T.A. Pai Management Institute (TAPMI), ManipalRs 10–12 lakhs
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    Watch Careers360's Exclusive Video - Low Fees MBA Colleges 2025

    Why Choose Low-Fee MBA Programs in India

    Choosing a low-fee MBA programme in India offers quite a cost-effective pathway to quality MBA education without the burden of hefty loans. Many government and public MBA institutes like JBIMS Mumbai, FMS Delhi, and top IIMs. For students from middle-class income backgrounds, these programs make MBA education more accessible while still ensuring good returns on investment through competitive salaries and career growth.

    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

    Check out:

    Best MBA Colleges in India with Low Fee - City-Wise

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

    MBA Colleges in India with Lowest Fees: 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.

    Factors to Consider When Choosing an Affordable MBA College

    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:

    • Accreditation and Reputation
    • Program Cost and Financial Aid
    • Curriculum and Specializations
    • Faculty and Resources
    • Placement and Career Support
    • Location and Campus Life
    • Return on Investment (ROI)
    • Admission Requirements
    • Global Exposure
    • Reviews and Feedback

    Other Popular MBA Colleges in India with Low Fees

    All aspirants who wish to pursue an MBA must ensure that they make a list of colleges which they wish to get into. Next, they must keep in mind that their decision of choosing the right college should be based on their choice of specification and their budget and not be carried away with the flow. Take a look at the following list of top B-schools with the low fees and the name of the course that is offered:

    Name of B-School

    Course Name

    Best MBA College with Low Fees

    International School of Management and Research - ISMR

    MBA

    Rs. 4.6 - 7.9 LPA

    SIMSREE, Mumbai

    Post Graduate Diploma in Business Management

    Rs. 1.36 LPA

    Maharishi Dayanand University (MDU)

    Master of Hotel Management and Catering Technology

    Rs. 54,352 to Rs. 7.7 LPA

    Galgotias University - GU

    MBA in Healthcare and Hospital Management

    Rs. 90,000 to Rs. 6.3 LPA (varies for each specialisation)

    DBS - Doon Business School

    MBA in Finance

    Rs. 9.05 LPA

    AIMS Institute of Management Studies

    MBA

    Rs. 6.58 to 9.21 LPA

    Indira’s Institute of Management - IMP

    MBA

    Rs. 4.8 LPA

    Frequently Asked Questions (FAQs)

    Q: Which MBA college has the highest placement in India?
    A:

    Key institutes like IIMs, particularly IIM Ahmedabad, SPJIMR Mumbai and ISB Hyderabad, have a consistent track record of offering high MBA packages in India. Some other top-tier institutes include XLRI Jamshedpur, MDI Gurgaon and other top IIMs and ISB campuses. 

    Q: Which is the cheapest MBA in India with low fees?
    A:

    Top low-fees MBA colleges in India include FMS, Delhi, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, Tata Institute of Social Sciences (TISS), Mumbai and several other IITs and state universities like PUMBA, Pune. 

    Q: Which IIM is affordable for MBA?
    A:

    According to the fee criteria, IIM Bodh Gaya and IIM Sirmaur are offering the most affordable MBA programs among the IIMs.

    Q: Which MBA college has the best placement with low fees?
    A:

    Best MBA Colleges In India With Low Fees are listed below.

    • Department of Management Sciences, Pune
    • Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
    • Tata Institute of Management Studies (TISS), Mumbai
    • IIT Delhi DMS
    • Department of Financial Studies (DFS DU)
    • IIT Madras DOMS
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