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MBA fees in India range from Rs. 26,000 to Rs. 27,00,000. The MBA fees in India for tier 1 colleges like IIMs, SPJIMR, MDI, etc. are very high, ranging from Rs. 14,00,000 to Rs. 27,00,000. Fortunately, there are still many top MBA government colleges like FMS Delhi and DFS Delhi that offer affordable MBA courses and have an excellent placement record. MBA fees in government colleges are pocket-friendly whereas fees of private MBA institutes like XLRI, SIBM, ISB, etc. are high. MBA fees in Indian institutes depend on various factors like infrastructure, extracurricular activities, hostel facilities, etc. Generally, the top 10 MBA colleges in India with fee structures that increase by 5–7% every year. In this piece, we will explore the MBA fee structure of B-schools in India, have a look at the placement record, etc.
Although you earn the degree with your hard work over the two years, you have to pay the price of the education you receive, the faculty members, infrastructure and other facilities that you would avail of during these two important years of your life. The cost of MBA in India is dependent on various factors like curricular activities, infrastructure, hostel facilities, international exposure, placement services and much more. The lowest MBA fees in India are around Rs. 20,000 to Rs. 50,000. In this article, we discuss the top 10 MBA colleges in India with fee structure.
Many MBA colleges in India also provide scholarships to students fulfilling the eligibility criteria. Read the article further to know details on top MBA colleges in India with fee structures. Most of the candidates are looking for Govt. MBA Colleges with low fees. Your quest for your dream college ends here. This article on Career360 will help you choose the right MBA college for you. You will get a list of MBA fees in government colleges, top private colleges with low fees, and so on with this article. Continue to read to know the top MBA colleges, how much it costs to do an MBA from top B-schools, IIMs MBA fees in India, top B-schools and their MBA fees, top MBA colleges with lowest fees, etc.
Thus, a fee is one of the crucial factors in selecting the right B-School. As the MBA admission 2025-27 season ushers in, it is important for MBA aspirants who are expecting a call from the top B-schools, to know about the average MBA fees in India, they have to pay for their selected MBA programme. Although the fee amount should not matter if you are getting admission to top B-schools, you still need to know the fee amount so that you can analyze the ROI factor as well.
Check out the below table about MBA fees in India government colleges.
Particulars | IIM Fees ranges (Approx in Rs.) |
---|---|
IIM MBA Fees | 16,00,000 – 27,00,000 |
IIT MBA Fees | 4,00,000 – 21,00,000 |
IGNOU MBA Fees | 64,000 |
Candidates can check the list of top government MBA colleges in India with fees in the table provided below. This table will also give you an idea of the top government MBA colleges in India with low fees. Candidates who are willing to get into a government college but are expecting low fees can opt from the list of colleges provided in this table.
IIM | IIM MBA Total Fees* |
IIM Ahmedabad | Rs 25 lakh |
IIM Bangalore | Rs. 24 lakh |
IIM Calcutta | Rs 19 lakh |
IIM Lucknow | Rs 21 lakh |
IIM Kozhikode | Rs 20.50 lakh |
IIM Indore | Rs 21.14 lakh |
IIM Shillong | Rs 15 lakh |
IIM Rohtak | Rs 17.90 lakh |
IIM Raipur | Rs 15.62 lakh |
IIM Trichy | Rs 19.50 lakh |
IIM Ranchi | Rs 15.30 lakh |
IIM Kashipur | Rs 17.30 lakh |
IIM Udaipur | Rs 20.43 lakh |
IIM Nagpur | Rs 13.75 lakh |
IIM Visakhapatnam | Rs 18.25 lakh |
IIM Sirmaur | Rs 16 lakh |
IIM Sambalpur | Rs 13.08 lakh |
IIM Amritsar | Rs 17.30 lakh |
IIM Mumbai | Rs. 21 lakh |
*These are the approximate fees only. The actual MBA fee structure may vary.
Check out:
With the IIM fee structure already discussed above, Careers360 brings to you the approximate cost of the top 10 MBA colleges in India with fee structure for their flagship management programmes in the academic year 2025-27. Check the following list of average IIT MBA fees in India.
B-School | Fee* |
Rs. 12 lakhs | |
Rs. 10.98 lakh | |
XLRI Jamshedpur | Rs 25.80 lakhs |
Rs. 8.52 lakh | |
Rs. 11.67 lakh | |
Rs. 20,960 | |
Rs. 21 lakhs | |
Rs. 14.07 lakh | |
Rs. 24.16 lakh | |
Rs. 24 lakh | |
Rs. 3.67 lakh | |
Rs. 21.87 lakh | |
Rs. 5.33 lakh | |
Rs. 2 lakh | |
Rs. 17.34 lakh | |
Rs. 15.86 lakh | |
Rs. 19.53 lakh | |
Rs. 21.67 lakh | |
IFMR Chennai | Rs. 18.71 lakh |
Rs. 11.80 lakh | |
ABV - Indian Institute of Information Technology and Management | Rs. 1.10 lakhs |
Rs. 11 lakhs | |
Rs. 17.29 lakh | |
Rs.16.29 lakh | |
Rs. 17.24 lakh | |
Rs. 3.96 lakh | |
Rs. 16.02 lakh | |
Rs. 2.73 lakh | |
Rs. 22.02 lakh | |
Rs. 20.07 lakh | |
Rs. 18.31 lakh | |
IMNU, Ahmedabad | Rs. 13.75 lakh |
Rs. 8.75 lakh | |
Rs. 16.27 lakh | |
Rs. 2.1 lakh | |
Rs. 7.99 lakh | |
Rs. 14.13 lakh | |
Rs. 8.15 lakh | |
Rs. 13.6 lakh | |
Rs. 21.56 lakh | |
Rs. 1.36 lakh | |
Rs. 8.60 lakh | |
Rs. 15 lakh | |
Rs. 13.50 lakh | |
Rs. 9.79 lakh | |
Rs. 10.75 lakh | |
Rs. 9.30 lakh | |
Rs. 1.31 lakh | |
Rs. 10 lakh | |
Rs. 6.90 lakh | |
Rs. 7.05 lakh | |
Rs. 8.60 lakh | |
Rs. 12.38 lakh | |
Rs. 6 lakh (MBA), Rs. 4 lakh (PGDM) | |
Rs. 6,07 lakh | |
Rs. 7 lakh | |
Rs. 17.80 lakh | |
Rs. 11.40 lakh | |
Rs. 11 lakh | |
Rs. 8.58 lakh | |
Rs. 7.75 lakh | |
Rs. 8.77 lakh | |
Rs. 9.85 lakh |
*The above fees are tentative and may vary for the current academic year.
Check the list of MBA course fees in some of the private colleges of India, which have distinguished themselves in the field of Master of Business Administration courses.
S. No | MBA Fees in India Private Colleges | Total Course Fee |
1 | XLRI Xavier College of Management, Jamshedpur | Rs 25.80 lakhs |
2 | MDI Gurgaon | Rs 24.99 lakhs |
3 | Rs 24 lakhs | |
4 | Rs 15.86 lakhs | |
5 | Rs 17.34 lakhs |
In India, the minimum fee for a full-time MBA degree is variable, and it depends on several factors including the ones such as the CAT or relevant entrance exam score. Candidates belonging to reserved categories, such as SC/ ST/ OBC, are charged much less as compared to unreserved category candidates. There are many government MBA Colleges with low fees as well.
So, if you don’t get admission to a good and low-fee B-school, it may be better to increase your budget and get into a good B-school with a strong placement record, even if it's slightly expensive. You will recoup your extra investment in a few months.
Read more:
There are many B-schools in India whose MBA fee structure is less than rupees one lakh. Even though their fee is low, all these institutes are recognised by the University Grants Commission (UGC). Here is the list of popular MBA colleges with less than Rs 1 lakh.
MBA Colleges Name | Course Name | Fee Structure* |
MBA in International Business | Rs 20,960 | |
PGP Foreign Trade Management | Rs 33,170 | |
MBA in Financial Management | Rs 26,000 | |
PGD in Health and Wellness Management | Rs 54,000 | |
MBA in Financial Management | Rs 26,000 | |
PG Diploma in Community Media | Rs 40,600 | |
MBA HRM | Rs 47,890 | |
MBA | Rs 54,000 | |
Garware Institute of Career Education and Development, University of Mumbai | PGD Retail Management | Rs 65,420 |
PGD Banking & Insurance Management | Rs 40,600 | |
PGD Aviation & Tourism Management | Rs 61,256 | |
Indian Institute of Social Welfare and Business Management-IISWBM | PGD Supply Chain and Logistics Management | Rs 70,000 |
Maharshi Dayanand University Center, Dwarka | MBA | Rs 48,000 |
MHRM | Rs 24,440 | |
PGD Export-Import & International Finance | Rs 6,000 | |
PGD Public Relations | Rs 3,500 | |
University College of Commerce and Business Management, Osmania University | MBA Technology Management Programme | Rs 20,000 |
Master of Business Economics | Rs 14,090 | |
MBA | Rs 56,550 | |
MBA | Rs 42,000 | |
PGD Security Management | Rs 40,000 |
*These are the approximate fees only. The actual fee may vary.
Category | Average Fees (2 Years) |
IIMs | Rs 20 to 28 Lakhs |
Tier-1 Private College | Rs 15 to 25 Lakhs |
Tier-2 Private College | Rs 8 to 12 Lakhs |
Tier-3/ State College | Rs 2 to 6 Lakhs |
The MBA Programme at IGNOU consists of 21 courses in all. Total fees for all these courses are Rs 64,000:
Also Read: IIM Admission Criteria
Frequently Asked Questions (FAQs)
Here are some important points that specify how one can cut the cost of an MBA.
Here are some important points that specify how one can cut the cost of an MBA.
If a candidate wants to pursue MBA for free, then they have to apply to certain Bschool which offer a 100 percent scholarship.
Those who want to pursue MBA from home, then they can opt Correspondence MBA or Distance MBA.
The cost of doing an MBA in India comes to around Rs. 20,000 to Rs. 40 lakhs. MBA fees in India per year for the government and private colleges vary year to year.
Yes, MBA aspirants can also complete their MBA in any specialisation by attending any of the MBA entrance exams. Some of the institutions offering MBA courses under Rs. 1 lakh are Amity University, University of Delhi, Indian Institute of Social Welfare and Business Management and other state universities.
The quality of the education and infrastructure offered by the B-Schools for various management courses is up to the world-class level. So, the MBA fees in government or private colleges in India are higher as compared to other postgraduate courses.
The MBA fee for IIMs range from Rs 12 Lakh to Rs 25 Lakh and other top B-schools such as XLRI, SPJIMR and MDI Gurgaon MBA fees ranges from Rs 15 Lakh to Rs 23 Lakh. Most of the top B-schools in India will cost between Rs 10 Lakh to Rs 23 Lakh.
There are certain B-schools that offer MBA with low fee structures.
MBA College | MBA fees |
Faculty of Management Studies (FMS) Delhi – University of Delhi | Rs 3,00,000 |
GGSIPU, Delhi | Rs 56,000 |
Delhi School of Economics, Delhi University | Rs 31, 000 |
SIMSREE, Mumbai | Rs 1,36,000 |
PUMBA, Pune | Rs 1,31,000 |
The lowest MBA fees in India have been provided are Rs. 50,000 to Rs. 1 lakhs.
On Question asked by student community
Hello
As you said you by mistakenly done that, you don't need to get worry regarding that ,
Just inform the help desk and carry the correct certifications , the state certificate will not disqualify you .
The steps you can follow is -
1. You can check if the correction window is available or not
2. Contact the CAT desk immediately.
Hope this helps
In CAT registration, you cannot create a new user ID with the same mobile number, even if you use a different email ID. Each mobile number and email can be linked to only one account. If you already registered once, the system will not accept a duplicate with that number. To register again, you must use a new mobile number and new email ID. If you lost your old login, you can recover it through the forgot password/user ID option on the CAT portal.
Yes, you can fill the CAT form even if you currently have a backlog. CAT eligibility requires you to be in your final year of graduation or already graduated backlogs don’t stop you from applying.
While filling the form:
Enter the aggregate percentage/CGPA of marks you have obtained up to the latest semester for which results are declared (in your case till 4th semester).
There will be an option to mention that you have a backlog.
If you clear the backlog later, you’ll just need to show the updated marks during admission.
Hello Aspirant,
Yes, you can apply for the CAT exam as a final-year student. You must declare your backlog on the online application form. You do not write about it on the final-year student certificate; that document is to certify your enrollment status. You must clear all backlogs before the final admission process to any MBA college.
Hello,
Thank you for your question!
KL- MAT syllabus: Quantitative Aptitude, Reasoning, English/Verbal Ability, and General Awareness (similar to MAT/CMAT pattern).
CAT scores are valid in many private universities including KL University, but always check the year’s admission notification.
CAT vs other exams: CAT is toughest (IIMs + top B-schools), while MAT/CMAT/ATMA are relatively easier and accepted by many mid-level private universities.
Hello it will clear your doubt!
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