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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.
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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.
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 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 2024-26. Check the following list of average IIT 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 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 pioneered 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 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.
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 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 are Rs 64,000:
Also Read: IIM Admission Criteria
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 are Rs. 50,000 to Rs. 1 lakhs.
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 student cannot join the postgraduate MA program directly in the second year of the MA after completing the MBA.
Universities generally expect students to begin the first year of a masters' program even though they had qualifications at the level of a bachelor's degree. The university's curriculum along with the courses are planned to give an in-depth knowledge of the subjects.
But you could opt for:
Postgraduate Studies:
Research Career: In case research interests you, then you can pursue a Ph.D. in your specific interest.
Specialized Master's Programs: Find any specific master's course that supports the career goal.
Professional Certifications:
Make a professional certification in CFA, CA, or FRM to enhance the professional skills and better opportunities in the career field.
Job Entry via MBA
After gaining an MBA from a renowned institution, it's possible to get entry into the corporate world where the diversity in the career field is assured.
In the end, it would depend on what you would like and what you are particularly interested in. It will be better if you take a suggestion from your academic advisor or career counselor.
Hello Pratik,
If your family income exceeds 8 LPA, it will affect your eligibility for the NC-OBC category under the CAT reservation rules. The NC-OBC category requires that the family income should be below 8 LPA to qualify. If you anticipate that your income will exceed this threshold, you should update your status and notify the CAT authorities .
Here's what you can do:
Email the CAT authorities
: Inform them about the potential change in your income status and request to be considered under the
General
category, if applicable. You should do this before the examination or any further processing, as your eligibility for the OBC category depends on the income criteria.
Documents and Proof
: Make sure you have a valid
OBC certificate
and any relevant documentation regarding your family income, in case they require verification. Also, be aware that if your income exceeds 8 LPA, you might need to apply under the
General
category, as the OBC-NC reservation is no longer applicable.
General Category Consideration : If your application is accepted as General, you will be evaluated based on the General category criteria, including cutoffs and ranking.
To summarize, notifying the CAT authorities is the correct approach to avoid discrepancies later, and if your income is above the threshold, you will be treated as a General candidate for the admissions process.
For more details about CAT exam you can check out an article by Careers360 whose link is given below:
Link: https://bschool.careers360.com/exams/cat
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hi Shreya ,
Having a tattoo on your wrist should not create a problem during the CAT exam as long as it does not contain any content that violates exam rules , such as communication-related symbols , unauthorised messages or any text resembling formulas or answers .
For a safe side , it is recommended :
1. Inform the Invigilators : Let them know about your tattoo during the identification check , so there are no misunderstandings .
2. Follow the Guidelines : Ensure you follow all instructions regarding permissible items and dress code on the exam day .
Hope this helps you .
ALL THE BEST .
To know about this please prefer our college predictor
Hello,
Yes, you can also join IIMs two years after graduation, depending upon the justification in interviews and your performance in entrance exams. If you are not sure about CAT, try those other management exams less hard:
Common Management Admission Test: Easier than CAT; 4-5 months of continuous preparation will suffice.
MAT : Much easier and takes place thrice a year.
SNAP (Symbiosis National Aptitude Test): A bit easier than CAT, apt for Symbiosis Institutes.
Xavier Aptitude Test or XAT : Hence, easier than CAT but the unique decision-making section.
Use exams like CMAT and MAT as a challenge to be competitively prepared. This can be given about 4-5 months, along with a few rounds of mock tests and smart studying.
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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.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
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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.
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters
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Ranked No. 1 Business School in India and no.35 in world by Financial Times MiM 2024 Ranking | Highest CTC: INR 81 LPA
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9 IBS Campuses | Scholarships Worth Rs 10 CR