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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.
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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.
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,
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 |
INR 26 Lakhs | INR 25.00 Lakhs | INR 24.62 Lakhs | |
INR 26 Lakhs | INR 24.70 Lakhs | INR 23.20 Lakhs | |
INR 27 Lakhs | INR 25.00 Lakhs | INR 23.50 Lakhs | |
INR 21.00 Lakhs | INR 14.63 Lakhs | —-- | |
—-- | INR 20.75 Lakhs | INR 21.75 Lakhs | |
INR 20.50 Lakhs | INR 20.50 Lakhs | INR 20.50 Lakhs | |
INR 21.17 Lakhs | INR 21.17 Lakhs | INR 21.17 Lakhs |
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 |
INR 26.18 Lakhs | INR 21.50 Lakhs | INR 18.56 Lakhs | |
—-- | INR 19.50 Lakhs | INR 16.50 Lakhs | |
INR 22.24 Lakhs | INR 21.43 Lakhs | INR 17.59 Lakhs | |
INR 17.90 Lakhs | INR 17.90 Lakhs | INR 16.65 Lakhs | |
INR 18.00 Lakhs | INR 15.93 Lakhs | INR 15.49 Lakhs | |
INR 17,20,000 Lakhs | INR 17.30 Lakhs | INR 15.42 Lakhs | |
—-- | INR 17.20 Lakhs | INR 17.20 Lakhs |
Here are the MBA fees for the new and baby IIMs, which is the 3rd generation of IIMs.
IIMs | 2024-26 | 2023-25 |
INR 26,18,000 | INR 18.39 Lakhs | |
IIM Nagpur (2024) | INR 18.90 Lakhs | INR 18.00 Lakhs |
INR 18,85,500 Lakhs | INR 17.15 Lakhs | |
—-- | INR 15,50,000 Lakhs | |
INR 15,05,000 Lakhs | INR 16.20 Lakhs | |
INR 18,10,000 Lakhs | INR 17.30 Lakhs |
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 | CAT | INR 17,20,000 Lakhs | |
Indian Institute of Management, Trichy (IIM) | #27 | Post Graduation Program in Management (PGPM) | CAT | — |
#6 | Master of Business Administration (MBA) | CAT | — |
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.) |
MBA | INR 2 Lakhs | |
MBA | INR 17.2 Lakhs to INR 24.2 Lakhs | |
MBA | INR 13 to 25 Lakhs | |
MBA | INR 19.3 Lakhs | |
MBA | INR 20.42 Lakhs | |
MBA | INR 1.26 Lakh for 2 years |
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.
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 |
MBA | INR 4.38 Lakhs | |
MBA | INR 4.40 lakhs | |
MBA | Ranges from INR 2 lakhs to 9 lakhs | |
MBA | INR 2.30 Lakhs | |
MBA | INR 16.93 LPA |
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 |
INR 0.37 Lakhs | Arcis-E India Pvt. Ltd, Axis Bank, Capgemini, Genpact Ltd, Reliance Life Insurance | |
INR 0.46 Lakhs | TCS, Accenture, HCL, KPMG, Optum, and Cisco, along with companies | |
INR 0.31 Lakhs | ICICI Bank, Morgan Stanley, and consulting firms such as McKinsey & Co | |
INR 0.98 Lakhs | IBM, Infosys, Wipro, Genpact, TCS, Deloitte, ICICI Bank | |
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
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 | |
XLRI, Jamshedpur | |
Amity University | |
BITS, Pilani | BITSAT/GMAT/CAT |
IFIM Business School | |
Tata Institute of Social Sciences, Mumbai | |
Loyola Institute of Business Administration | XAT/CAT |
SIMSREE |
Also Read: Best MBA Colleges Without CAT Exam 2025
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.
University Name | Course Name | MBA Fees |
MBA | Ranged between INR 12-13 Lakhs | |
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 |
University Name | Course Name | MBA Fees |
MBA | INR 9.67 Lakhs (including hostel and mess fees) | |
MBA in Digital Marketing | INR 5.4 Lakhs | |
MBA | INR 6.75 Lakhs | |
MBA Logistics & Supply Chain Management | INR 5.6 to 6 Lakhs | |
MBA | INR 9.1 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 |
MBA Leadership and Management | INR 3.80 Lakhs | |
MBA Tourism and Hospitality Management | INr 4 Lakhs | |
MBA | INR 3.50 Lakhs | |
DBS-Doon Business School | MBA International Business | INR 4.52 Lakhs |
MBA Business Analytics | INR 3.56 Lakhs | |
MBA | INR 3.69 Lakhs | |
Amity University | MBA Agriculture and Food Business | INR 4.47 Lakhs |
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:
Abasaheb Garware Institute of Management Studies: The total tuition fee is INR 91,000.
Shivaji University: The total tuition fee is INR 14,000.
North Maharashtra University: Total tuition fee is INR 55,000.
Dr. Babasaheb Ambedkar Marathwada University: Total tuition fee ranges from INR 20,000 to INR 90,000.
Punyashlok Ahilyadevi Holkar Solapur University: Total tuition fee is INR 88,000.
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.
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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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.
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.
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.
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 |
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. |
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.
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.
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.
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.
With a 99 percentile in CAT, you've definitely got a strong foundation for your MBA aspirations.
FMS Admission Process
FMS Delhi considers various factors for admission, including:
1. CAT score (99 percentile is excellent!)
2. Academic performance (your low academic background might be a concern)
3. Work experience (you didn't mention any, but certifications and courses can help)
4. Extracurricular activities (your Engage 7x Course and Spanish foreign language course are positives)
5. Personal interview (this is an opportunity to showcase your skills and passion)
SC Category Advantage
As an SC category candidate, you'll have a relaxation in the admission criteria. FMS Delhi has a reservation policy for SC/ST candidates.
Chances of Getting into FMS
While a 99 percentile CAT score is impressive, FMS Delhi is a highly competitive institution. Your low academic background might affect your chances, but:
- Your SC category status will provide some advantage.
- Your certifications and courses (Engage 7x, Spanish) demonstrate your enthusiasm and willingness to learn.
It's difficult to predict admission outcomes, but I'd estimate your chances as follows:
- FMS Delhi: 20-30% chance (considering your CAT score, SC category, and certifications)
- Other top MBA colleges: 50-70% chance (considering your CAT score and SC category)
Next Steps
1. Apply to FMS Delhi: Submit your application, highlighting your strengths and certifications.
2. Prepare for the personal interview: Showcase your passion, skills, and experiences.
3. Consider other MBA colleges: Apply to other top colleges that align with your interests and goals.
Stay positive, and best of luck with your applications!
Dear Manoj,
XIME Bangalore's CAT cutoff for 2025 admission is approximately 70-75 percentile overall and 40 section-wise. All the best for your future. Best wishes for your future in management.
Hello aspirant,
Here below I am providing you with the name of some the colleges:
To know about more colleges, you can visit our site through following link:
https://bschool.careers360.com/articles/mba-colleges-in-gujarat-without-entrance-exam
Thank you
Hello,
Yes, it is possible to shift from BBA Finance to MBA Marketing after clearing CAT and securing admission to an IIM. Your background in finance can add value to your marketing profile, providing a broader business understanding. It generally does not negatively affect your resume if you can justify the shift with a clear career goal and relevant skills. Recruiters value diverse knowledge and a strong rationale behind career transitions.
Hope this helps you,
Thank you
https://bschool.careers360.com/exams/cat
With a 65 percentile in CAT, getting admission to USMS (Guru Gobind Singh Indraprastha University) may be difficult, as its cutoff is usually 75-85 percentile or higher for the general category.
However, you can consider other good MBA colleges that accept 60-70 percentile in CAT, such as:
Christ University, Bangalore
Institute of Public Enterprise, Hyderabad
Amrita School of Business, Kochi
PES University, Bangalore
KIIT School of Management, Bhubaneswar
Rajagiri Centre for Business Studies, Kochi
Army Institute of Management, Kolkata
Research their admission criteria, placements, and faculty to choose the best fit.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets.
A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan.
The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.
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.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
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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