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)

Edited By Sundararajan | Updated on Apr 10, 2025 03:55 PM 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 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)

Understanding MBA Fee Structures in India

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.

List of MBA Colleges 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 CollegesGovernment MBA Colleges Fees
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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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 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.

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

Frequently Asked Questions (FAQs)

1. Which MBA college has the best placement with low fees?

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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Questions related to MBA

Have a question related to MBA ?

Hi aspirant,

Here are some good private MBA colleges in Aligarh with good infrastructure and an affordable fee structure

  1. Institute of Technology & Management (ITM), Aligarh
  2. Mangalayatan University, Institute of Business Management
  3. Al-Barkaat Institute of Management Studies
  4. Vivekananda College of Technology and Management (VCTM)
  5. Shivdan Singh Institute of Technology and Management (SSITM)

Best Private MBA Colleges in Aligarh

You can also refer to the link attached above.

All the best!

Hi aspirant,

Faridabad, as part of the NCR, has a fair number of MBA institutes. Here are several Faridabad institutions that are well-known for their excellent infrastructure and reasonable tuition.

  1. DAV Institute of Management (DAVIM), Faridabad
  2. Lingaya's Vidyapeeth, Faridabad
  3. Institute of Management and Technology (IMT), Faridabad
  4. MVN University, Faridabad
  5. Echelon Institute of Technology, Faridabad
  6. Aravali College of Engineering and Management (ACEM), Faridabad
  7. Satya Group of Institutions (SGI), Faridabad

Top MBA Colleges in Faridabad 2025

You can also refer to the link given above for more information on the same.

All the best!

MBA in Finance is one of the most sought after specializations and several colleges in India offer excellent academic quality along with strong placement support Some of the best institutions include Indian Institute of Management Ahmedabad Indian Institute of Management Bangalore Indian Institute of Management Calcutta and Indian Institute of Management Lucknow These colleges have consistently recorded high placement rates with top recruiters from the banking consulting and financial services sector offering attractive salary packages Other top ranked private institutions include Xavier School of Management Jamshedpur Management Development Institute Gurgaon SP Jain Institute of Management and Research Mumbai and Narsee Monjee Institute of Management Studies Mumbai These colleges offer excellent faculty corporate exposure internships and final placements in companies like Goldman Sachs JP Morgan Deloitte KPMG and many others Students are advised to appear for entrance exams like CAT XAT or NMAT and prepare well to get into these institutions The average placement salary in top colleges ranges between fifteen lakh to twenty five lakh per annum based on past records

Eligibility : Bachelor’s degree in any discipline from a recognized university with at least 50% aggregate marks for Non-Sponsored category (45–50% for Sponsored). Final-year students can apply provisionally, submitting degree proof by October 31. Specialized MBA programs (e.g., Data Science, IT) may require relevant degrees like Engineering or Statistics with 50% marks.

Entrance Exams : Valid scores from CAT (85 percentile), MAT (650 for Non-Sponsored, 600 for Sponsored), XAT (85 percentile), CMAT (200), GMAT (550), or NMAT (250 for Non-Sponsored) are required. Alternatively, candidates can take the Amity Written Test.

Selection Process : Shortlisted candidates undergo Group Discussion (GD) and Personal Interview (PI). Some campuses may include essay writing to assess communication and analytical skills.

HEY THERE!!!

NPAT Question Types:

  • The NPAT includes Quantitative Reasoning (mathematics), Logical Reasoning, and Verbal Reasoning (English).
  • All sections are multiple-choice, with a moderate level of difficulty.

NMIMS M.Pharm + MBA Admission:

  • Applicants who are not GPAT qualified may still apply.
  • Admission requires qualifying NMIMS’s own written test and interview.
  • GPAT is not mandatory.
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