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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)

Edited By Sundararajan | Updated on Jun 17, 2025 10:48 AM 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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Affordable Online MBA Courses with Low Fees

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
2. Which IIM is affordable for MBA?

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

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Questions related to MBA

Have a question related to MBA ?

The cost of BBA and MBA/PGDM programs in India varies significantly based on the institution type (government, private, or IIM/top B-schools). Generally, BBA programs can range from INR 1.5 to 3 lakh per year, while MBA/PGDM programs range from INR 2 to 25 lakh for the entire course.

Hostel and other costs (like mess, travel, learning materials) are usually additional and not always included in the tuition fees.

Get detailed BBA FEE STRUCTURE , MBA FEE STRUCTURE

For example St. Andrews Institute of Technology and Management in Gurgaon offers a BBA program with a tuition fee of INR 2,46,000 and hostel charges (including meals) of INR 1,78,500,

If your MBA (Finance) is from an accredited university and you have at least 55% of the possible points (or 50% for reserved categories), you can take the UGC NET in Commerce.
Your MBA in finance is relevant because UGC NET Commerce covers business, accounting, finance, economics, and management topics.
If you are well-versed in the fundamentals of commerce, pick commerce.

As an alternative, you can choose UGC NET Management, which is closely related to MBA courses.
Your subject-matter expertise and career objectives should guide your decision.

Hello student,

The MBA management quota fees in India vary widely, depending on the college and its category (private or government).

Generally, private institutions have higher fees than government colleges.

  • For private colleges, fees can range from INR 8 to INR 30 lakhs or more for the entire program.
  • Government colleges may have fees from INR 4 to INR 10 lakhs.
  • Top-tier institutions like IIMs can have fees exceeding INR 30 lakhs.

https://bschool.careers360.com/articles/everything-about-mba-management-quota-admission-eligibility-and-process

You can read the article above to understand more about management quota admissions


Thank you!!

If you scored 54 marks in the Karnataka PGCET MBA exam, your expected rank will be around 800 to 1200. This is based on the marks vs rank trend seen in previous years.

Some sources say that if your marks are between 50 and 70, your rank can be between 2500 to 7500. But for the MBA stream, 54 marks usually give you a rank between 800 and 1200. This can change a little depending on the number of students, difficulty of the exam, and category.

Hello,

Doing an MBA certification while working in a private job can be helpful for many reasons:

  1. Better career growth – It can help you get promotions or leadership roles.

  2. Higher salary – Many companies offer better pay to MBA-certified employees.

  3. Skill improvement – You learn about management, finance, marketing, etc.

  4. More job options – It opens doors to better jobs in other companies too.

  5. Networking – You meet professionals from different fields, which can help in future.

So, even if you are working, an MBA certification can give you a big career boost.

Hope it helps !

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