MBA Fees in India 2025: IIM, Private & Government MBA College Fees List

MBA Fees in India 2025: IIM, Private & Government MBA College Fees List

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Team Careers360Updated on 25 Mar 2025, 10:37 AM IST

MBA Fees in India 2025: Pursuing an MBA in India comes with a wide range of fee structures, varying significantly based on the institute, programme format, and additional expenses. The MBA cost of a full-time, two-year programme can range from ₹2 lakh to over ₹30 lakh. Government MBA colleges generally offer more affordable MBA fee options compared to private institutions. Meanwhile, part-time and distance MBA programmes are relatively economical, with MBA fees in India typically ranging from ₹20,000 to ₹1 lakh or more.

This Story also Contains

  1. MBA Fees in India 2025 for IIMs
  2. MBA Fees in Government Colleges 2025
  3. MBA Fees in India 2025: Private Colleges
  4. MBA Fees Components in India 2025
  5. Lowest MBA Fees in India
  6. MBA Colleges with Low Fees and Good Placements
  7. MBA Colleges with Low Fees without CAT
  8. MBA Fees Under ₹15 Lakh, ₹10 Lakh & ₹5 Lakh
  9. Can I do an MBA in 1 lakh?
  10. Factors Affecting MBA Fees in India 2025
  11. MBA Fees in India 2025: Scholarships
MBA Fees in India 2025: IIM, Private & Government MBA College Fees List
MBA Fees in India 2025: IIM, Private & Government MBA College Fees List

Several factors influence MBA fees in India 2025, including infrastructure, faculty, hostel facilities, international exchange programmes, and extracurricular activities etc. For instance, institutes that provide opportunities for students to study abroad for a term tend to have higher tuition costs.

MBA Fees in India 2025 for IIMs

Among the premier management institutes, the Indian Institutes of Management (IIMs) have seen a consistent rise in MBA tuition fees over the years. A notable example is IIM Mumbai, where the MBA fee for the 2024–26 batch surged by over ₹7 lakh—a 43% increase from previous years.

Keep reading this article to learn about MBA fee structure, IIM MBA Fees 2025, MBA fees in India trends etc,

MBA Fees in India

MBA Fees in India for IIMs (Old IIMs - BLACKIs)

Check out MBA fees 2025 for old IIMs in the table below - IIM Ahmedabad fees, IIM Bangalore MBA fees, IIM Indore fees, IIM Calcutta MBA fees, IIM Mumbai fees

MBA fees (IIMs)

2024-26

2023-25

2022-24

IIM Ahmedabad

INR 26 Lakhs

INR 25.00 Lakhs

INR 24.62 Lakhs

IIM Bangalore

INR 26 Lakhs

INR 24.70 Lakhs

INR 23.20 Lakhs

IIM Calcutta

INR 27 Lakhs

INR 25.00 Lakhs

INR 23.50 Lakhs

IIM Mumbai

INR 21.00 Lakhs

INR 14.63 Lakhs

—--

IIM Lucknow

—--

INR 20.75 Lakhs

INR 21.75 Lakhs

IIM Kozhikode

INR 20.50 Lakhs

INR 20.50 Lakhs

INR 20.50 Lakhs

IIM Indore

INR 21.17 Lakhs

INR 21.17 Lakhs

INR 21.17 Lakhs

MBA Fees in India for 2nd Generation IIMs

Apart from the IIMs mentioned above, the other 13 IIMs are referred to as 2nd generation IIMs and the table below has their MBA fee structure:

IIMs MBA fees

2024-26

2023-25

2022-24

IIM Shillong

INR 26.18 Lakhs

INR 21.50 Lakhs

INR 18.56 Lakhs

IIM Trichy

—--

INR 19.50 Lakhs

INR 16.50 Lakhs

IIM Udaipur

INR 22.24 Lakhs

INR 21.43 Lakhs

INR 17.59 Lakhs

IIM Rohtak

INR 17.90 Lakhs

INR 17.90 Lakhs

INR 16.65 Lakhs

IIM Raipur

INR 18.00 Lakhs

INR 15.93 Lakhs

INR 15.49 Lakhs

IIM Kashipur

INR 17,20,000 Lakhs

INR 17.30 Lakhs

INR 15.42 Lakhs

IIM Ranchi

—--

INR 17.20 Lakhs

INR 17.20 Lakhs

3rd Generation IIM MBA Fees

Here are the MBA fees for the new and baby IIMs, which is the 3rd generation of IIMs.

IIMs

2024-26

2023-25

IIM Vishakhapatnam

INR 26,18,000

INR 18.39 Lakhs

IIM Nagpur (2024)

INR 18.90 Lakhs

INR 18.00 Lakhs

IIM Jammu

INR 18,85,500 Lakhs

INR 17.15 Lakhs

IIM Bodh Gaya

—--

INR 15,50,000 Lakhs

IIM Sirmaur

INR 15,05,000 Lakhs

INR 16.20 Lakhs

IIM Amritsar

INR 18,10,000 Lakhs

INR 17.30 Lakhs

MBA Fees in Government Colleges 2025

Here is a list of the top 10 government MBA colleges in India along with their NIRF ranking and MBA fees for 2025

MBA College/University

NIRF Ranking

Course

Accepted Entrance Exams

MBA Fees 2024-26 (Approx.)

Indian Institute of Ahmedabad (IIM)

#1

Post Graduation Program in Management (PGPM)

CAT, GMAT

INR 26 Lakhs

Indian Institute of Management Bangalore (IIM)

#2

Masters in Business Administration (MBA)

CAT, GMAT

INR 26 Lakhs


Indian Institute of Management, Kozhikode (IIM)

#3

Post Graduation Program in Management (PGPM)

CAT, GMAT

INR 20.50 Lakhs


Indian Institute of Management, Delhi (IIM)

#4

Masters in Business Administration (MBA)

CAT

INR 14 to 27 Lakhs

Indian Institute of Management, Raipur (IIM)

#14

Post Graduation Program in Management (PGPM)

CAT

INR 18.00 Lakhs


Indian Institute of Management, Shillong (IIM)

#26

Post Graduate Programme (PGP) leading to an MBA degree

CAT

INR 26,18,000 Lakhs

Indian Institute of Management, Udaipur (IIM)

#22

Master of Business Administration (MBA)

CAT, GMAT and GRE

INR 22.24 Lakhs


Indian Institute of Management, Ranchi (IIM)

#17

Master of Business Administration (MBA)

CAT

INR 17,20,000 Lakhs

Indian Institute of Management, Trichy (IIM)

#27

Post Graduation Program in Management (PGPM)

CAT

Indian Institute of Technology, Kharagpur (IIT)

#6

Master of Business Administration (MBA)

CAT

MBA Fees in India 2025: Private Colleges

Apart from the top IIMs, there are several other top B-schools such as FMS Delhi, XLRI-Jamshedpur, MDI-Gurgaon, SPJIMR-Mumbai and IIFT-Delhi. All these institutes are known for their infrastructure, pedagogy, faculty, international exposure and placements.

Take a look at the MBA fees of some of the top MBA institutes which are desired by MBA aspirants.

Top B- School

Course Name

MBA Fees (Approx.)

FMS-Delhi

MBA

INR 2 Lakhs

Symbiosis Institute Of Business Management (SIMP), Pune

MBA

INR 17.2 Lakhs to INR 24.2 Lakhs

NMIMS Mumbai-School of Business Management

MBA

INR 13 to 25 Lakhs

Xavier Institute of Management, XIMB-Bhubaneshwar

MBA

INR 19.3 Lakhs

Symbiosis Institute of Business Management-Bangalore

MBA

INR 20.42 Lakhs

IIT Madras - Department of Management Studies

MBA

INR 1.26 Lakh for 2 years

MBA Fees Components in India 2025

MBA fees in India extend beyond just tuition and understanding these MBA cost components can help aspirants make informed financial decisions when choosing their MBA college. Top business schools, including the IIMs, incorporate several additional expenses into their MBA fee structures. Here’s a breakdown of the key components that are typically included in the MBA fee structure in India:

  • Tuition Fees – Core academic fee covering course fees and faculty remuneration.

  • Hostel & Accommodation Charges – Covers on-campus lodging and related facilities.

  • Mess & Food Charges – Fees charged for offering meals to students staying on campus.

  • Library & Learning Resources – Access to research materials, digital databases, and academic journals.

  • IT & Infrastructure Fees – Maintenance of technology infrastructure, computer labs, and online learning platforms.

  • Alumni Membership Fees – This fee is charged for granting access to alumni networks and events.

  • International Immersion Programme Cost – Covers travel, accommodation, and academic expenses for global exposure programmes.

  • Other Miscellaneous Fees – Includes student activities, co-curricular events, medical insurance, and administrative charges.

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Lowest MBA Fees in India

Every year, thousands of aspirants aim to pursue an MBA—one of the most sought-after postgraduate programs in India—unlocking diverse career opportunities. However, securing admission and managing the financial investment can be challenging. If you’re looking for an MBA college that fits your budget without compromising on academic excellence, here’s a list of the top affordable MBA colleges in India that provide an MBA degree at low fees.

Name of MBA college

MBA Specialisation

MBA Fees

Faculty of Management Studies (FMS), Delhi University

MBA full-time program

INR 1.92 Lakhs

Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai

Full-time and part-time MBA programs

INR 9.00 lakhs

SIMSREE, Mumbai

MBA

INR 4.38 Lakhs

Department of Management Sciences, Pune

MBA

INR 4.40 lakhs

Tata Institute of Management Studies (TISS), Mumbai

MBA

Ranges from INR 2 lakhs to 9 lakhs

Department of Financial Studies (DFS DU)

MBA

INR 2.30 Lakhs

IIT Madras DOMS

MBA

INR 16.93 LPA

MBA Colleges with Low Fees and Good Placements

Other than some of the top IIMs, there are several B-schools which offer MBA at a fairly less amount without compromising on the MBA placement. Check out the list of these MBA colleges where one can study at low cost but get placed at an excellent company with a handsome MBA salary package.

MBA Colleges

MBA Fees

Top Recruiters

FMS, Delhi

INR 1.92 Lakhs

Accenture, Amazon, Bain & Co., BCG, Deloitte, EY, Goldman Sachs, HUL, ITC, and McKinsey & Company

IGNOU Delhi

INR 0.37 Lakhs

Arcis-E India Pvt. Ltd, Axis Bank, Capgemini, Genpact Ltd, Reliance Life Insurance

JMI, New Delhi

INR 0.46 Lakhs

TCS, Accenture, HCL, KPMG, Optum, and Cisco, along with companies

Delhi School of Economics, DU

INR 0.31 Lakhs

ICICI Bank, Morgan Stanley, and consulting firms such as McKinsey & Co

FMS, BHU

INR 0.98 Lakhs

IBM, Infosys, Wipro, Genpact, TCS, Deloitte, ICICI Bank

Pune University Department of Management Sciences (PUMBA)

INR 1.32 Lakhs

TCS, Wipro, Deloitte, EY, HDFC Bank, ICICI Bank, Infosys, KPMG, and MRF

Also Read: Top MBA Colleges in India with Low Fees and Excellent Placements 2025

MBA Colleges with Low Fees without CAT

You did not appear for the CAT exam but wish to study MBA? Worry not, you can now pursue an MBA course that too from some of the best universities without even appearing for the CAT exam. Let us look at the following list.

MBA Colleges/Institutions

MBA Exam Score Accepted

SIBM, Pune

SNAP

XLRI, Jamshedpur

XAT

Amity University

XAT/GMAT/MAT/CAT/NMAT

BITS, Pilani

BITSAT/GMAT/CAT

IFIM Business School

KMAT

Tata Institute of Social Sciences, Mumbai

CUET PG

Loyola Institute of Business Administration

XAT/CAT

SIMSREE

CMAT/ATMA/XAT/CAT/MAH CET/MAT

Also Read: Best MBA Colleges Without CAT Exam 2025

MBA Fees Under ₹15 Lakh, ₹10 Lakh & ₹5 Lakh

If you're looking for an MBA program that aligns with your budget, there's no need to worry—we've got you covered. Here are some of the budget-friendly MBA colleges in India - MBA fees options under ₹15 Lakh, ₹10 Lakh & ₹5 Lakh.

MBA Fees Below 15 Lakhs

University Name

Course Name

MBA Fees

IIT Delhi

MBA

Ranged between INR 12-13 Lakhs

IIT Bombay

MBA

INR 14,77, 600 Lakhs

IIM Rohtak

MBA

INR 8,95,00 Lakhs

IIT Madras

MBA

Ranged between INR 12-13 Lakhs

IIM Amritsar

MBA

INR 12 Lakhs

MBA Fees Below 10 Lakhs

University Name

Course Name

MBA Fees

IIT Roorkee

MBA

INR 9.67 Lakhs (including hostel and mess fees)

Gems B School

MBA in Digital Marketing

INR 5.4 Lakhs

Doon Business School, Dehradun

MBA

INR 6.75 Lakhs

Amity University, Noida

MBA Logistics & Supply Chain Management

INR 5.6 to 6 Lakhs

MIT World Peace University

MBA

INR 9.1 Lakhs

MBA Fees Below 5 Lakhs

If you are looking for MBA colleges in this fee range then you can look at popular institutes such as the Symbiosis International University (Deemed), Christ University, Chandigarh University, Prin. LN Wellingkar and Amity University.

Take a look at the following list of colleges with MBA fees of less than 5 lakhs.

University Name

Course Name

MBA Fees

Christ University, Bangalore

MBA Leadership and Management

INR 3.80 Lakhs

CU - Chandigarh University

MBA Tourism and Hospitality Management

INr 4 Lakhs

MIT Pune-MIT World Peace University

MBA

INR 3.50 Lakhs

DBS-Doon Business School

MBA International Business

INR 4.52 Lakhs

DTU-Delhi Technological University (DCE)

MBA Business Analytics

INR 3.56 Lakhs

AIMS Institute of Management Studies

MBA

INR 3.69 Lakhs

Amity University

MBA Agriculture and Food Business

INR 4.47 Lakhs

Can I do an MBA in 1 lakh?

Yes, it is possible to pursue your MBA degree even if you have a budget of 1 Lakh. However, at the same time it is important to note that many full-time MBA programs in India typically cost significantly more.

Here are some of the universities from where you can pursue an MBA degree for just under 1 lakh. The following are the universities for your reference:

  1. Abasaheb Garware Institute of Management Studies: The total tuition fee is INR 91,000.

  2. Shivaji University: The total tuition fee is INR 14,000.

  3. North Maharashtra University: Total tuition fee is INR 55,000.

  4. Dr. Babasaheb Ambedkar Marathwada University: Total tuition fee ranges from INR 20,000 to INR 90,000.

  5. Punyashlok Ahilyadevi Holkar Solapur University: Total tuition fee is INR 88,000.

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Factors Affecting MBA Fees in India 2025

When it comes to the MBA fee structure in India, there are several key factors which come into play. All these factors influence the overall cost of an MBA in India and can also vary significantly across other institutions.

Here is a breakdown of all the factors which will help you get a better idea.

  1. Location: MBA institutions located in metropolitan cities often have higher fees due to increased operational costs, premium faculty, and greater demand. Additionally, the cost of living can also add to the total expense, especially for those students who require accommodation.

    On the other hand, students who study in non-metropolitan cities can easily afford the fees as these regions have lower operational costs and cost of living.

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  1. Program Specialisation: Certain specialisations such as Finance, Data Analytics or International Business might have a higher cost in India due to the need for specialised faculty and resources.

  1. Facilities and Campus Amenities: Institutes with good infrastructure such as libraries, computer labs, gyms, recreational areas, study lounges, dining services, on-campus accommodation and sports facilities may charge higher MBA fees.

  1. Reputation and Ranking of the Institution: MBA programs offered at highly-ranked institutions such as the IIMs, ISB, and XLRI have a higher fee structure due to their renowned faculty, superior placements and strong industry ties.

MBA Fees in India 2025: Scholarships

Pursuing an MBA in India can be financially demanding, however, there are various scholarships and financial aid options available to help mitigate the costs. Below are the following options available through which you can pursue your MBA.

Scholarship Name

Eligibility Criteria

Application Process

Aditya Birla Scholarship

Open to students from select institutions like IIMs and XLRI, based on academic excellence and leadership qualities.

Candidates are shortlisted by their respective institutes and may need to submit essays and participate in interviews.

OP Jindal Engineering and Management Scholarships (OPJEMS)

This scholarship is available to top students from select management and engineering institutions, based on their academic performance and an online test.

Institutions nominate candidates who will then undergo an online test and interview.


T. Thomas Scholarship for Business Leaders

Offered to second-year students at IIMs based on merit and leadership potential.

Institutions will nominate candidates which will be followed by a selection process by the scholarship committee.

NTPC Scholarship Scheme

All those students who belong to SC/ST/PwD and are pursuing full-time MBA/PGDM courses from specified institutions.

All eligible students can apply through their respective institutes.

Frequently Asked Questions (FAQs)

Q: What is the lowest MBA fee?
A:

The lowest MBA fees in India can usually be found in government-run institutions such as the Faculty of Management Studies (FMS), Delhi University, with fees starting around INR 1.92 lakhs, while private institutes can range from INR 20,000 to INR 40 lakhs. 

Q: Why are MBA fees so high?
A:

MBA fees are high due to factors like the cost of expert faculty, specialised resources like technology and labs, and the high demand for these programs, which make institutions charge higher fees from students.

Q: Why are IIM fees so high?
A:

The fees of IIMs are high as they are autonomous institutions and rely solely on student fees and alumni contributions for their funding, unlike government-funded institutions such as the IITs.

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

The cost of an MBA degree in India varies from institution to institution and can typically range from INR 2 Lakhs to INR 25 Lakhs for the entire program. Whereas, for government or public institutions the fees can range anywhere from INR 20,000 to INR 7 Lakhs for the entire course. 

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Hello

The CAT 2025 exam is a national-level MBA entrance test for IIMs and top B-schools in India. It will be held on 30th November 2025 in computer-based mode across ~170 cities.
The registration is open from 1st August to 13th September 2025 on iimcat.ac.in .
Admit cards will be available from 5th November 2025 onward.
Graduates with at least 50 marks (45 for SC/ST/PwD) are eligible to apply.
The exam tests English, Reasoning, and Quantitative Aptitude in three timed sections.

Yes, you can pursue an MBA at Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow, through the CAT exam.

Eligibility Criteria:

  • Educational Qualification: A bachelor's degree with at least 50% marks (45% for SC/ST/PwD candidates) from a recognized university.

  • Entrance Exam: A valid CAT score is required for admission.

Admission Process:

  1. Application: Register online through the BBAU admission portal.

  2. Entrance Exam: Appear for the CAT exam and obtain a valid score.

  3. Counseling: Shortlisted candidates will be called for counseling based on their CAT scores.

  4. Document Verification: Submit necessary documents for verification.

  5. Fee Payment: Complete the fee payment to confirm admission.

Course Details:

  • Duration: 2 years (full-time).

  • Specializations: Finance, Marketing, Human Resource Management, among others.

Placement Opportunities:
BBAU has a strong placement record, with top companies recruiting MBA graduates.

For more details and to apply, visit the  official BBAU MBA admission page

Hello Amgothu

With 305 marks in ICAR PG and being from ST category, your chances of getting an AIEEA (CAT) seat is good, especially in plant sciences and less competitive subjects