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)

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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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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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Questions related to MBA

On Question asked by student community

Have a question related to MBA ?

The cut off for national exams like CAT or XAT required for admission for Masters in Business Administration (MBA) program may vary b collage and years. The top tier or top MBA collages like IIMs may require 98-100 percentile. F or more details you can go through: https://bschool.careers360.com/articles/cat-cutoff

Thank you.

Hey! If you are looking for a fully online MBA with minimum fees while staying in Gadchiroli, you can consider a few good options. The most budget-friendly is IGNOU Online/Distance MBA, which comes around 60,000–70,000 for the whole program and is recognized by UGC-DEB. Apart from that, universities like Bharati Vidyapeeth Online (approx 1.6 lakh) and DY Patil Vidyapeeth Online (approx 1.7 lakh) also provide online MBAs with flexible learning and multiple specialisations.

If cost is your main concern, IGNOU is the best choice. But if you want better exposure and placement assistance, then Bharati Vidyapeeth or DY Patil could be good options. Just make sure the course you choose is UGC-approved so that your degree is valid everywhere.

Hello

  • Since you took admission through the General category, the fees were charged accordingly.

  • Now that your caste validity certificate is accepted on the CET portal, you may be eligible for fee benefits.

  • You need to inform your college administration and request fee revision or refund (if applicable).

  • The benefit will depend on state norms and whether the admission round allows category update.

  • Contact your college and submit a written request with proof for any applicable fee concession.

Hello dear  student,

For Best colleges for online MBA in marketing you can visit you link below for a detailed explanation about everything related to this.

https://www.careers360.com/courses/online-mba-in-marketing

Hello, the MBA in Finance at Andhra Mahila School of Informatics is a 2 year program where you’ll study subjects like accounting, financial management, and strategy along with projects and internships. The total fee is around 90,000. Placements are decent, with an average package of about 3.5 to 4 LPA, and companies like Deloitte, Infosys, and ICICI visit the campus. If you stay focused and build skills, you can get good opportunities through the placement cell.