Jindal Global Business School | MBA Admissions 2024
MBA (2 Years) & MBA in Business Analytics (1 Year) @ JGBS | NAAC Accredited | AACSB Member |92% Placement Track | Highest CTC 11 LPA
MBA fees in India range from Rs. 26,000 to Rs. 27,00,000. The fees of tier 1 MBA colleges in India 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 of 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. 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.
MBA (2 Years) & MBA in Business Analytics (1 Year) @ JGBS | NAAC Accredited | AACSB Member |92% Placement Track | Highest CTC 11 LPA
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Also Read: What is MBA? Know in detail core MBA Subjects
Thus, a fee is one of the crucial factors in selecting the right B-School. As the MBA admission 2024-26 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 courses fees in India.
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 |
*- These are the approximate fees only. The actual MBA fees structure may vary.
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 2024-26. Check the following list of average MBA fees in India.
B-School | Fee* |
Rs. 12 lakhs | |
Rs. 10.98 lakh | |
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 | |
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 | |
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 is 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 has pioneered themselves in the field of Master of Business Administration courses.
S. No | Name of the college | 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 un-reserved category candidates. There are many Govt 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.
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 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.
The MBA Programme at IGNOU consists of 21 courses in all. Total fees for all these courses Rs 64,000:
Also Read: IIM Admission Criteria 2024-26
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 |
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 one-year MBA fees for prestigious institutes like IIM Ahmedabad, IIM Bangalore, IIM Calcutta are around Rs 31 lakhs.
The lowest MBA fees in India have been provided with the names of colleges in the above article.
The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.
To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.
https://bschool.careers360.com/articles/cat-2024
Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.
GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.
Hello
Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.
Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.
You can check the colleges you are eligible for using the below link.
https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp
Hello Aspirant
Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.
Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.
Hello aspirant,
Here below are the names of the colleges that you can target:
Thank you
Hope it helps you.
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Business development executives strive to achieve maximum output with minimum input. If you are good at understanding and convincing people, the career as a business development executive can be enjoyable for you. Business development executives are candidates who have been transferred to the sales from other departments. In general, Business development executives are promoted to a management position. There are plenty of work openings throughout the profession because every company requires Business development executives.
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Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes. Students can visit the Great Lakes Institute of Management, Jamnalal Bajaj Institute of Management Studies to study Business Analytics courses. Business analyst jobs are usually done to help the company make more money, solve existing business problems and achieve its goals.
A marketing manager comforts public anxiety and dissatisfaction through announcements and commercials, guaranteeing the credibility of the organisation escapes inadequacies. He or she works with other team members to produce advertising campaigns that are both simple and complex. A marketing manager decides if a new product or service is marketable.
Students can opt for an MBA in Finance or an MBA in Digital Marketing Management to be a marketing manager. He or she evaluates the public interest level with respect to a new product or service. A marketing manager is appointed to encourage buyers to buy products from the firm and to increase awareness of the brand through marketing strategies.
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Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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