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

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

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SundararajanUpdated on 12 Aug 2025, 10:15 AM IST

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.

MBA Fees in India

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

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.

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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.

Particulars IIM Fees ranges (Approx in Rs.)
IIM MBA Fees16,00,000 – 27,00,000
IIT MBA Fees4,00,000 – 21,00,000
IGNOU MBA Fees64,000
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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

IIM IIM MBA Total Fees*
IIM AhmedabadRs 25 lakh
IIM BangaloreRs. 24 lakh
IIM CalcuttaRs 19 lakh
IIM LucknowRs 21 lakh
IIM KozhikodeRs 20.50 lakh
IIM IndoreRs 21.14 lakh
IIM ShillongRs 15 lakh
IIM RohtakRs 17.90 lakh
IIM RaipurRs 15.62 lakh
IIM TrichyRs 19.50 lakh
IIM RanchiRs 15.30 lakh
IIM KashipurRs 17.30 lakh
IIM UdaipurRs 20.43 lakh
IIM NagpurRs 13.75 lakh
IIM VisakhapatnamRs 18.25 lakh
IIM SirmaurRs 16 lakh
IIM SambalpurRs 13.08 lakh
IIM AmritsarRs 17.30 lakh
IIM MumbaiRs. 21 lakh
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*These are the approximate fees only. The actual MBA fee structure may vary.

Check out:

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.

B-School

Fee*

DMS, IIT Delhi

Rs. 12 lakhs

DoMS, IIT Madras

Rs. 10.98 lakh

XLRI Jamshedpur

Rs 25.80 lakhs

DoMS, IIT Roorkee

Rs. 8.52 lakh

VGSoM, IIT Kharagpur

Rs. 11.67 lakh

FMS, University of Delhi

Rs. 20,960

NITIE Mumbai

Rs. 21 lakhs

SJMSoM, IIT Bombay

Rs. 14.07 lakh

MDI Gurgaon

Rs. 24.16 lakh

SPJIMR Mumbai

Rs. 24 lakh

DIME, IIT Kanpur

Rs. 3.67 lakh

IIFT Delhi

Rs. 21.87 lakh

DMS, IISc. Bangalore

Rs. 5.33 lakh

JBIMS Mumbai

Rs. 2 lakh

TAPMI Manipal

Rs. 17.34 lakh

Great Lakes Institute of Management, Chennai

Rs. 15.86 lakh

IMT Ghaziabad

Rs. 19.53 lakh

XUB-XIMB

Rs. 21.67 lakh

IFMR Chennai

Rs. 18.71 lakh

IIFM Bhopal

Rs. 11.80 lakh

ABV - Indian Institute of Information Technology and Management

Rs. 1.10 lakhs

NMIMS Mumbai

Rs. 11 lakhs

LIBA Chennai

Rs. 17.29 lakh

IRMA

Rs.16.29 lakh

We School Mumbai

Rs. 17.24 lakh

DSM, DTU

Rs. 3.96 lakh

IBS Hyderabad

Rs. 16.02 lakh

DMS, NIT Trichy

Rs. 2.73 lakh

SCMHRD Pune

Rs. 22.02 lakh

KJSIMSR, Mumbai

Rs. 20.07 lakh

Goa Institute of Management

Rs. 18.31 lakh

IMNU, Ahmedabad

Rs. 13.75 lakh

MANAGE Hyderabad

Rs. 8.75 lakh

XIME Bangalore

Rs. 16.27 lakh

NIT Warangal

Rs. 2.1 lakh

IFIM Bangalore

Rs. 7.99 lakh

LBSIM Delhi

Rs. 14.13 lakh

IPE Hyderabad

Rs. 8.15 lakh

Amrita School of Business, Coimbatore

Rs. 13.6 lakh

SIIB Pune

Rs. 21.56 lakh

SIMSREE Pune

Rs. 1.36 lakh

PSG Institute of Management

Rs. 8.60 lakh

Alliance School of Business, Alliance University, Bangalore

Rs. 15 lakh

Jaipuria Institute of Management, Noida

Rs. 13.50 lakh

SCMS Cochin

Rs. 9.79 lakh

KIAMS Harihar

Rs. 10.75 lakh

MS Ramaiah Institute of Management, Bangalore

Rs. 9.30 lakh

DMS, University of Pune

Rs. 1.31 lakh

Thiagarajar School of Management, Madurai

Rs. 10 lakh

SSIM Secunderabad

Rs. 6.90 lakh

VIT Business School, Vellore

Rs. 7.05 lakh

Christ University, Bangalore

Rs. 8.60 lakh

Dr. D Y Patil School of Management, Pune

Rs. 12.38 lakh

AIMS Bangalore

Rs. 6 lakh (MBA), Rs. 4 lakh (PGDM)

BVIMR, Pune

Rs. 6,07 lakh

Chitkara Business School, Chandigarh

Rs. 7 lakh

FLAME University, Pune

Rs. 17.80 lakh

SDMIMD Mysore

Rs. 11.40 lakh

Shiv Nadar University

Rs. 11 lakh

Universal Business School, Karjat

Rs. 8.58 lakh

VJIM, Hyderabad

Rs. 7.75 lakh

Jagan Institute of Management Studies (JIMS), Rohini

Rs. 8.77 lakh

Fortune Institute of International Business, New Delhi

Rs. 9.85 lakh

*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.

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

SPJIMR, Mumbai

Rs 24 lakhs

4

Great Lakes, Chennai

Rs 15.86 lakhs

5

TAPMI Manipal

Rs 17.34 lakhs

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:

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*

Jamia Millia Islamia-JMI

MBA in International Business

Rs 20,960

BK School of Business Management

PGP Foreign Trade Management

Rs 33,170

Department of Financial Studies, University of Delhi

MBA in Financial Management

Rs 26,000

Amity University

PGD in Health and Wellness Management

Rs 54,000

Department of Financial Studies, University of Delhi

MBA in Financial Management

Rs 26,000

Tata Institute of Social Sciences, Mumbai

PG Diploma in Community Media

Rs 40,600

University Business School, Chandigarh-Panjab University

MBA HRM

Rs 47,890

Vishwa Vishwani School of Business

MBA

Rs 54,000

Garware Institute of Career Education and Development, University of Mumbai

PGD Retail Management

Rs 65,420

Utkal University

PGD Banking & Insurance Management

Rs 40,600

YMCA-New Delhi

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

Andhra University, Visakhapatnam

MHRM

Rs 24,440

Gujarat University

PGD Export-Import & International Finance

Rs 6,000

AMU - Aligarh Muslim University

PGD Public Relations

Rs 3,500

University College of Commerce and Business Management, Osmania University

MBA Technology Management Programme

Rs 20,000

Gauhati University - GU

Master of Business Economics

Rs 14,090

Department of Management Studies, Anna University

MBA

Rs 56,550

CUSAT - Cochin University of Science and Technology

MBA

Rs 42,000

Doon University

PGD Security Management

Rs 40,000

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

Average MBA Fees in India

CategoryAverage Fees (2 Years)
IIMsRs 20 to 28 Lakhs
Tier-1 Private CollegeRs 15 to 25 Lakhs
Tier-2 Private CollegeRs 8 to 12 Lakhs
Tier-3/ State CollegeRs 2 to 6 Lakhs

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.

Frequently Asked Questions (FAQs)

Q: How to reduce MBA fees?
A:

Here are some important points that specify how one can cut the cost of an MBA.

  • Choose your region wisely
  • Opt for a shorter MBA to cut the cost
  • Consider India: a top choice for lower-cost MBAs.
  • Explore online or hybrid options
  • Explore scholarship options
Q: How to reduce MBA fees?
A:

Here are some important points that specify how one can cut the cost of an MBA.

  • Choose your region wisely
  • Opt for a shorter MBA to cut the cost
  • Consider India: a top choice for lower-cost MBAs.
  • Explore online or hybrid options
  • Explore scholarship options
Q: Can I study MBA for free?
A:

If a candidate wants to pursue MBA for free, then they have to apply to certain Bschool which offer a 100 percent scholarship.

Q: Can I do MBA from home?
A:

Those who want to pursue MBA from home, then they can opt Correspondence MBA or Distance MBA.

Q: How much does an MBA cost in India?
A:

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. 

Q: Can I do an MBA in 1 lakh?
A:

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.

Q: Why are MBA fees so high?
A:

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.

Q: What is the average fees for MBA in India?
A:

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.

Q: What is the minimum MBA fees in India? or What is the lowest MBA fees?
A:

There are certain B-schools that offer MBA with low fee structures.

MBA CollegeMBA 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
Q: What is the lowest fees of MBA in India?
A:

The lowest MBA fees in India have been provided are Rs. 50,000 to Rs. 1 lakhs. 

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Just inform the help desk and carry the correct certifications , the state certificate will not disqualify you .

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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.

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