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Colleges offering MBA under 2 Lakh in India 2026 include TISS, DFS DU, DBE DU, DSE DU, Pumba Pune, PSG Tech Coimbatore, etc. On the other hand, FMS Delhi fees 2026, which is around Rs. 2.43 Lakh, though does not fall within b-schools under 2 lakh, is considered as one of the best b-schools offering an affordable MBA in India 2026. Moreover, these MBA colleges under 2 lakhs have an average package between 3.24 Lakh to 28.20 Lakh. FMS Delhi average package, on the other hand, is around Rs. 34.1 LPA. TISS Mumbai is another top B-school under 2 lakhs, which has an average package of Rs. 28.20 LPA. Explore the article to learn more about the top B-schools under 2 Lakhs, along with the average package, etc.
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Pursuing an MBA can turn out to be costly, with 2-year MBA fees going up to 33 lakh; however, here is the list of some government management colleges that offer an MBA for under or around 2 lakh.
MBA Colleges 2025
MBA Fees 2026 (Rs.)
MBA Under 2 Lakhs
Average CTC (Rs.)
2.32 Lakh
34.1 LPA
TISS Fees
1.85 Lakh
28. 20 LPA
DFS Fees
0.97 Lakh
19.12 LPA
1.34 Lakh
15. 10 LPA
0.97 Lakh
14. 47 LPA
DBE DU Fees
0.97 Lakhs
13. 92 LPA
UBS Chandigarh Fees
1.5 - 3.4 Lakh
12.95 LPA
2.5 Lakhs
11. 23 LPA
PSG Tech Coimbatore MBA Fees 2026
90 K
8. 00 LPA
JMI Delhi MBA Fees 2026
1.30 Lakh
12.60 LPA
BBAU Lucknow MBA Fees 2026
2.00 Lakhs
7.95 LPA
BHU Varanasi MBA Fees 2026
1.80 Lakhs
10.1 LPA
Central University Jammu MBA Fees 2026
1.69 Lakh
3.25 LPA
Central University of Rajasthan MBA Fees 2026
80 Thousand
4. 25 Lakhs
Management colleges offering an MBA under 2 Lakhs in Delhi 2026 include DFS DU, DSE DU, and DBE DU. Apart from these, FMS Delhi is also known for having a lower MBA fee of 2.32 Lakh.
DFS DU:
Department of Financial Studies, Delhi University, which provides an MBA in Finance, has one of the cheapest MBAs in Delhi. DFS DU Fees 2026 are expected to be around 97 thousand. Looking back at the previous record DFS DU average package is around Rs. 19.12 LPA.
DSE DU:
Delhi School of Economics provides an MBA degree in MBA in International Business, MBA in Human Resource Development, and MBA in Business Analytics. DSE DU Fees 2026 are expected to be around Rs. 97 thousand, while the DSE DU average package is Rs. 13.92 LPA
DBE DU:
Department of Business Economics is another department under Delhi University, which has comparatively lower MBA Fees 2026. DBU DU MBA fees 2026 are also Rs. 97 thousand, while one can get up to Rs. 14.47 Lakh as the DBE DU average package 2026.
FMS Delhi :
Faculty of Management Studies, Delhi is known for its lower MBA fees and one of the best ROI in India. FMS Delhi Fees 2026 are expected to be around Rs 2.32 Lakh, while the FMS Delhi average package 2026 can move up to 34.1 LPA according to the previous FMS Delhi placement record.
SIMSREE, Pumba Pune and TISS are some of the MBA Colleges under 2 Lakhs in Mumbai 2026
SIMSREE
The total SIMSREE fees for the two-year SIMSREE M.M.S. (MBA) program are approximately Rs. 1.38 Lakh to Rs. 1.53 Lakhs, including tuition, but excluding additional costs like application or hostel fees. SIMSREE is known for its low fees and high Return on Investment (ROI), making it an affordable option. SIMSREE's average package is Rs. 15.24 Lakhs, according to the records of previous years.
PUMBA Pune
One of the reputed management colleges in Maharashtra is Pumba Pune. PUMBA Pune Fees 2026 would vary between Rs. 1.2 Lakh to Rs. 4.4 Lakhs, depending on the category of the students. Pumba Pune's average package is Rs. 11.23 Lakhs.
TISS Mumbai
TISS Mumbai is known for its liberal arts; has a TISS MBA Fees 2026 of around 1.85 Lakhs. Similarly TISS MBA average package 2026 is expected to be around Rs. 28.20 LPA.
MBA colleges under 2 Lakhs in Bangalore include the management colleges like Atria Institute of Technology, JSS Academy of Technical Education, SJB College of Management Studies and St Francis De Sales College etc.
Here is the complete list of the top B-Schools Under 2 Lakh in Bangalore 2026
MBA Under 2 Lakh in Bangalore 2026 | Fees (Rs) |
Al Ameen Institute of Management Studies | 190000 |
Atria Institute of Technology | 138620 |
Dr Sri Sri Sri Shivakumara Mahaswamy College of Engineering | 197968 |
Hillside Academy of Management | 200000 |
JSS Academy of Technical Education | 194980 |
Lorven College of Science and Management | 120000 |
Rajarajeswari College of Engineering | 138620 |
Sambhram Academy of Management Studies | 190000 |
SJB College of Management Studies | 116940 |
St Francis De Sales College | 139000 |
Though pursuing a management course can be costly, there are some cheap MBA colleges offering management courses at a fee as low as 2 Lakhs in Hyderabad. Here is the list of colleges offering an MBA under 2 lakh in Hyderabad in 2026.
Frequently Asked Questions (FAQs)
The cost of IIMs in India is between Rs. 33 Lakhs to 21 Lakhs
Non-IIMs known for having the best placements are Symbiosis Institute of Business na
Top non-IIM institutions like FMS Delhi, SPJIMR Mumbai and XLRI Jamshedpur are often considered to be on par with or considered even better than some of the newer IIMs.
Yes, you can get into a non-IIM MBA program with XAT or NMAT scores. Some of the top-tier non-IIM institutions, such as XLRI Jamshedpur, SPJIMR Mumbai, IMT Ghaziabad, IMI Delhi and others, do accept XAT scores.
There are several non-IIMs that accept CAT scores for admission to MBA programs; these include FMS, Delhi, MDI, Gurgaon, JBIMS, Mumbai, TAPMI, Manipal, FORE School of Management, Delhi and several others.
On Question asked by student community
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Hello Dear Student,
If you're looking for an MBA with low fees and a high return on investment (ROI) , several reputed institutes in India offer excellent placements at affordable tuition costs.
| College | Approx. Total Fees | Average Package* |
|---|---|---|
| Faculty of Management Studies, University of Delhi | Rs 20,960 | Rs 20.96–34.1 LPA |
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