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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.
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 |
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 | MBA Fees in Government College |
---|---|
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 |
Popular MBA Entrance Exams
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.
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:
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)
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.
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.
According to the fee criteria, IIM Bodh Gaya and IIM Sirmaur are offering the most affordable MBA programs among the IIMs.
Best MBA Colleges In India With Low Fees are listed below.
On Question asked by student community
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.
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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.
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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.
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