MBA Fees in India 2025: Top Colleges, Fee Structure, Courses, Cost of MBA

How much your MBA will cost in Top B-Schools

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.

MBA Course Fees in India

Check out the below table about MBA fees in India government colleges.

IIM MBA Fees in India

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.

Top 10 MBA Colleges in India with fee structure

*These are the approximate fees only. The actual MBA fee structure may vary.

Check out:

• IIM Executive MBA Fees - Courses, Fee Structure, Payment Method
• IIM After 12th Fees

Top MBA Colleges in India with fees

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.

*The above fees are tentative and may vary for the current academic year.

MBA Fees in private colleges

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.

Lowest MBA Fees in India

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:

• Top MBA Colleges in India with Low Fees & Better Placement
• 11 Cheapest Colleges to Study MBA Course in India
• 11 Cheapest Colleges to Study MBA Course in Delhi

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.

*These are the approximate fees only. The actual fee may vary.

Average MBA Fees in India

IGNOU MBA Fees

The MBA Programme at IGNOU consists of 21 courses in all. Total fees for all these courses are Rs 64,000:

• All the courses from MS-1 to MS-09 and MS-11
• Five courses from any one of the specialisation streams
• Compulsory Courses (MS-10, MS-91, MS-95) and anyone elective course out of MS-92/93/94/96/97
• Project Course (MS-100) equivalent to 2 courses

Also Read: IIM Admission Criteria

MBA Fees in India: Key Trends

1. IIMs & Top MBA Colleges increase MBA Fee Annually: IIM Ahmedabad, Bangalore, Calcutta and the other IIMs increase their fee for each academic session. IIMs increase their fee at the beginning of their academic session. IIM Ahmedabad, IIM Calcutta, IIM Bangalore, XLRI Jamshedpur, and MDI Gurgaon have already increased their fee.
2. Good MBA colleges with low fees are few: These are the Government University MBA departments or affiliated colleges. MBA at UBS Chandigarh is offered at Rs. 47,890 while an MBA at FMS Delhi of Delhi University is still offered at a fee of Rs. 20,960 for the entire MBA programme. SIMSREE, a Mumbai University MBA college, offers MBA/PGDBM at a fee as low as Rs. 1.36 lakhs; PUMBA Pune – the Pune University MBA is offered at a low fee of Rs. 1.31 lakhs.
3. MBA Fees in Delhi and Bangalore less than 5 lakh fee are many: Delhi University; Guru Gobind Singh Indraprastha University Delhi; Bangalore University; VTU Bangalore University; are a few of the examples that offer MBA programmes at less than Rs. 4 lakhs.
4. MBA Fees in Mumbai: IIM Mumbai is one of the premium B-schools that offer MBA admission with MBA fees of Rs. 21 lakh. The average MBA fee in Mumbai comes around Rs. 10 lakhs to Rs. 18 lakhs.