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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.
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.
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 | Government MBA Colleges Fees |
---|---|
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 |
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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
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 | 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)
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
Hello
As you want to pursue mba near Delhi NCR , we can sugget you some good colleges for that !
The colleges are -
1.Faculty of Management Studies (FMS), University of Delhi
2.Department of Management Studies (DMS), IIT Delhi
3.Management Development Institute (MDI), Gurgaon
4.Indian Institute of Foreign Trade (IIFT), Delhi
5.IIM Rohtak (NCR region)
You can go for private colleges too like Great lakes , jaipuria , BIMTECH , IMI
These above colleges provide good placements too , you can surely go for it according to your convenience
Hope this helps !
Hi there , best colleges for mba aspirants in Delhi ncr are
1. iim delhi fees proximately around 24.6 lakhs with avg placement of 16.71 lpa
2. Fms delhi fees approx 2lakhs avg placement 34lpa
3. Dms , iit delhi fees approx 12lakhs avg placement 25.82lpa it is best college for engineering students seeking career in tech management field .
At CMR Institute of Technology, Bangalore, the MBA tuition fee under VTU quota is about 1.17–1.28 lakh for the full 2 years. This applies to all regular categories (GM/OBC/SC/ST). However, for management quota seats, the cost is much higher, around 9 lakh total (4.5 lakh per year). The variation depends on admission type and category. Students should confirm the exact fee with the CMRIT admissions office before applying. Scholarships and fee waivers may also be available for eligible candidates.
With an MBA entrance exam rank of around 33,000, getting admission into top-tier MBA colleges in Hyderabad may be challenging, as most premier institutions usually admit candidates with better ranks. However, several reputable private colleges and universities in Hyderabad have more flexible cutoffs and offer MBA admissions to candidates with ranks in the 30,000+ range, especially through entrance exams like MAT, CMAT, or state-level exams.
Some MBA colleges in Hyderabad where a rank of approximately 33,000 might be considered include:
Institute of Public Enterprise (IPE), Hyderabad – Known for good quality management education with moderate cutoff ranks.
GITAM School of International Business – Offers MBA programs with a reputation for industry-oriented curriculum and accepts various entrance exam scores.
Vignana Jyothi Institute of Management – A reputed private institute with an emphasis on placements and practical exposure.
Aurora's Business School – Popular for affordable fees and accessible admission criteria.
Anurag Group of Institutions – Offers MBA programs with flexible admission cuts for state and national level exams.
Admissions at these colleges are often based on a combination of entrance exam ranks, academic track record, group discussions, and personal interviews. Candidates with a rank near 33,000 should also explore management quota seats where applicable, which provide an alternative route but may involve higher fees.
Since cutoffs vary every year based on applicant pool and seat availability, it is important to participate in counseling rounds and check each college’s official admission notifications. Preparing a good profile by highlighting academic scores, work experience, and extracurricular achievements can also improve admission chances.
In summary, while a 33,000 rank limits options at premier Hyderabad MBA colleges, several well-regarded private and deemed universities offer admission for candidates in this rank bracket, provided they meet other eligibility criteria and perform well in subsequent selection processes.
Hello,
If you join a self-finance MBA course , you will not get full fee reimbursement . For SC/ST students, the government gives full fee reimbursement only in regular (non-self-finance) courses .
In self-finance courses, you may get only a partial reimbursement (around Rs. 35,000) and the rest of the fee has to be paid by you.
Since you are SC and a girl with rank 966, you can get admission easily, but full fee reimbursement will apply only if you choose a regular seat, not self-finance .
Hope it helps !
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