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

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

    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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    Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.

    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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