MBA fees for private colleges in India range widely from as low as Rs. 67,000 at SIMSREE Mumbai to nearly Rs. 49 Lakhs at ISB Hyderabad. This makes it crucial for MBA aspirants to evaluate ROI before applying for the same. Additionally, there are several private B-schools in India, such as XLRI Jamshedpur, NMIMS Mumbai, MDI Gurgaon and IMT Ghaziabad, which not only offer diverse MBA/PGDM programs but also boast of offering impressive placements. With an average salary package ranging from Rs. 12 LPA to Rs. 30 LPA, and the highest packages touching Rs. 87 LPA or more. To find out more about the private MBA colleges fees in India, along with key details, keep reading.
To get admission to a top private college in India to pursue an MBA, the candidate needs to sit for entrance exams, depending on which college they wish to apply to. It is recommended that a candidate carry out extensive research before sitting for an entrance exam. Some of the common entrance exams for getting admission to top private MBA colleges in India include XAT, CAT, SNAP, GMAT, and MAH MBA CET.
Let us now look at some of the top 10 private MBA colleges in India, along with the other details.
Colleges | NIRF Ranking 2025 | Entrance Exams Accepted | MBA Applications 2026-28 |
— | GMAT, GRE, or CAT | ||
— | XAT, GMAT or GRE | XLRI Delhi Application Form Link 2026 | |
9 | CAT | ||
— | CAT, CMAT, and MAH-CET (Maharashtra CET for MBA) | JBIMS Mumbai Application For 2026 Link | |
11 | |||
25 | NMIMS Mumbai Application Form 2026 | ||
33 | CAT, XAT, or GMAT | MICA Ahmedabad Application Form 2026 | |
30 | CAT, XAT, and GMAT | ||
— | MAHCET, CAT | SIMSREE Application Form 2026 | |
45 | CAT, XAT, XGMT | XIMB Bhubaneswar Application Form 2026 |
India is known for offering a diverse selection of MBA programs, catering to a variety of academic interests as well as career goals. Take a look at the following list of private colleges offering MBA admissions 2026-28 in detail, as we mention their fees and placement data for your reference.

MDI Gurgaon has ranked on 9th position in the NIRF 2025 management rankings. Established in 1973, the Management Development Institute (MDI), Gurugram, offers students a range of PGDM programs with specialisation in areas like finance, marketing and HR.
Fees | Rs 25,99,300 |
Top Courses Offered | PGDM, PGDM-HRM, PGDM-IB, and PGDM-Business Analytics to name a few |
Average Salary Package | Rs. 25.5 LPA |
Highest Salary Package | Rs. 63.3 LPA |
Top 50 percentile average package | Rs. 31 LPA |
Top 25 percentile average package | Rs. 35.5 LPA |
Median Salary | Rs. 24.2 LPA |

Symbiosis Institute of Business Management, Pune, has been ranked in the 11th position in the recently released NIRF 2025 rankings. It is one of the top MBA colleges in Pune. The institute was established in 1978 and offers master’s degree programmes in management, innovation and entrepreneurship.
Fees | Approximately Rs. 24.90 Lakhs |
Top Courses Offered | MBA with a specialisation in Marketing, Human Resource Management, Finance, Operations and Supply Chain Management and Data Analytics. |
Average Salary Package | Rs. 28.83 LPA |
Highest Salary Package | Rs. 49 LPA |

One of the top private MBA colleges in India was established in 2001. ISB Hyderabad offers candidates a one-year Post Graduate Programme in Management (PGP), which has been designed for professionals who come with designated work experience.
The institute is known for focusing on leadership and entrepreneurship, which ensures that all graduates are well-prepared for senior roles upon entering the corporate world.
Fees | Rs. 49,91,340 |
Top Courses Offered | Post Graduate Programs in Management (PGP), Advanced Management Programs (AMPs), and Executive Education programs |
Average Salary Package | Between 25 Lakhs and 30 Lakhs per annum |
Highest Salary Package | 50 Lakhs |

Jamnalal Bajaj Institute of Management Studies (JBIMS) is a prestigious B-school located in Mumbai, which was founded in 1965 by the University of Mumbai. The institute is known for offering courses like Master of Management Studies (MMS), MSc Finance and MHRD and part-time programs for working professionals.
Fees | Around Rs. 4 Lakhs + Caution & Security Deposit |
Top Courses Offered | Master of Management Studies (MMS), Master of Science in Finance (M.Sc. Finance), and Master of Human Resource Development (MHRD) |
Average Salary Package | Rs. 26.12 LPA |
Highest Salary Package | Rs. 87.12 LPA |
Median Package | Rs. 26.4 LPA |

Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) is another one of the most prominent management institutes in Mumbai, which is known for its affordability and strong placement records. The institute offers a 2-year full-time program with specialisation in various fields.
Fees | Rs. 67000 + Rs. 2000 (Library fees) per year |
Top Courses Offered | Masters of Management Studies (MMS), Masters in Financial Management (MFM), and Masters in Marketing Management (MMM), as well as a doctoral program (PhD). |
Average Salary Package | Rs. 12-17 LPA |
Highest Salary Package | Rs. 26.30 LPA |
Top Recruiters | Cognizant, Axis Bank, Goldman Sachs, Infosys, Capgemini |

Located in Jhajjar, Haryana, XLRI is one of the oldest B-schools in India, which was founded in 1949. The institute is famous for offering some of the top courses, such as MBA/PGDM and even certificate courses. The students at XLRI are taught by faculty who are trained in fields such as Human Resources.
Fees | Rs. 16.5 Lakhs |
Top Courses Offered | Postgraduate Diploma in Business Management (PGDBM) and the Postgraduate Diploma in Human Resource Management (PGDM-HRM) |
Average Salary Package | Rs. 27.07 LPA |
Highest Salary Package | Rs. 75 LPA |
Top Recruiters | Accenture Strategy, BCG, Amazon, Hindustan Unilever Limited (HUL), Bajaj Auto and Tata Steel |

IMI Delhi has ranked #40 in the NIRF 2025 rankings of the top 10 private MBA colleges in India. International Management Institute, commonly referred to as IMI Delhi, is a private management institute which was established in 1981. The institute is accredited by AMBA, AACSB, NBA and SAQs and approved by AICTE and AIU. IMI is India’s first sponsored school (corporate).
Fees | Rs. 23,54,000 Lakhs |
Top Courses Offered | PGDM, PGDM (HRM), PGDM (B&FS), PGDM for working professionals, and the Fellow Programme in Management (FPM) |
Average Salary Package | Rs. 16.71 LPA |
Highest Salary Package | Rs. 70.95 LPA |
Top Recruiters | Cognizant, BMW, Accenture, Aditya Birla, Deloitte and KPMG |

XLRI Bhubaneswar was ranked #45 in the NIRF 2025 rankings. Established in 1987, Xavier Institute of Management, Bhubaneswar (XIMB) is an Indian Business School located in Bhubaneswar. The institute has been ranked 1st among the top 40 private universities in the Times B School Survey Ranking (2024).
Fees | Rs. 20.9 Lakhs for a two-year program |
Top Courses Offered | Postgraduate programmes in Business Management (MBA-BM), Executive MBA (EMBA) in Business Management and PhD programmes for students who want to do research in the field of Management. |
Average Salary Package | Rs. 19.53 LPA |
Highest Salary Package | Rs. 30 LPA |
Top Recruiters | Microsoft, Amazon, Tata Steel, Asian Paints, Standard Chartered Bank, Schneider Electric, Maruti Suzuki Limited to name a few. |

NMIMS Mumbai, a well-known institute, has been ranked #25 in the NIRF 2025 management rankings. The institute offers a flagship MBA programme with specialisation in Marketing, Finance, Operations and HR. Moreover, NMIMS Mumbai is known for its strong academic quality, industry focus, and robust placements with competitive average packages.
Fees | Rs. 13,50,000 |
Top Courses Offered | MBA in Human Resources, Pharmaceutical Management, Business Analytics, MBA in Digital Transformation, MBA in Finance, MBA in Law, MBA in Health Care Administration and more. |
Average Salary Package | Rs. 25.13 LPA |
Highest Salary Package | Rs. 67.70 LPA |

MICA Ahmedabad is ranked #33 in the NIRF 2025 ranking. This private business school has a wide range of academic offerings for all MBA aspirants. Before getting admission to MICA Ahmedabad, all candidates will need to pass either of the entrance exams, MICAT, CAT or XAT with a valid score. Interestingly, the institute is considered the "mecca" for marketing in India and is a good choice for those pursuing careers in brand management, advertising, or business analytics.
Fees | Approx. Rs. 26,00,000 |
Top Courses Offered | Post Graduate Diploma in Management (Communications), Post Graduate Diploma in Management (PGDM) and Fellow Programme in Management (FPM) |
Average Salary Package | Rs. 19.22 LPA |
Highest Salary Package | Rs. 40.91 LPA |

As per NIRF 2025 management rankings, IMT Ghaziabad ranked on #30 for the private MBA colleges fees in India. Moreover, IMT Ghaziabad is a highly-ranked, AACSB-accredited business school, which was founded in 1980. The institute offers a Post Graduate Diploma in Management (PGDM) along with other management programmes. The programme is known for its strong alumni network and offering diverse specialisations (Marketing, Finance, HR).
Frequently Asked Questions (FAQs)
Among all the IIMs, IIM Sirmaur and IIM Bodh Gaya are known for having some of the lowest MBA program fees. The fees range from Rs. 14.45 Lakhs and Rs. 16.28 Lakhs, respectively.
Yes, an MBA degree can lead to a high-paying job where an average salary ranges from Rs. 8 to 12 LPA and can go up to Rs. 70-100 LPA depending on the specialisation and industry.
Colleges that are known for having the lowest MBA fees are FMS, Delhi, MSU Baroda, Delhi School of Economics, DU and IGNOU Delhi to name a few.
In India, an MBA fee can widely range from Rs. 3 Lakhs to over 30 Lakhs, depending on which institution and program one wishes to study from. Top-tier institutes such as the IIMs and the Indian School of Business (ISB) have higher fees while mid-tier colleges tend to charge students between Rs. 6 Lakhs to Rs. 15 Lakhs.
On Question asked by student community
Hello,
The better PG course depends on your career goals: choose an MCA if you want a career focused on technology, like coding, software development, and technical roles. Opt for an MBA (IT) if you are interested in management, leadership, strategy, and business aspects of the IT sector.
I hope it will clear your query!!
Hello aspirant,
Here below I am providing you with the name of some of the best MBA colleges in Hyderabad:
To know about more colleges, you can visit our site through following link:
https://bschool.careers360.com/colleges/list-of-mba-colleges-in-hyderabad
Thank you
Hello,
Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:
SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.
PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.
TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.
These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.
Hope it helps !
Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.
For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.
If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:
1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.
2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.
3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.
4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.
5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.
6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.
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