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    MBA Under Rs. 2 Lakhs in India 2026: 15+ Colleges With Avg Package Rs.3.2–34 LPA
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    • MBA Under Rs. 2 Lakhs in India 2026: 15+ Colleges With Avg Package Rs.3.2–34 LPA

    MBA Under Rs. 2 Lakhs in India 2026: 15+ Colleges With Avg Package Rs.3.2–34 LPA

    #MBA
    Suvam MaitiUpdated on 20 Apr 2026, 11:54 AM IST

    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.

    This Story also Contains

    1. MBA Under 2 Lakh in India 2026: Low Fees MBA Colleges in India
    2. Top MBA Colleges Under 2 Lakh 2026
    3. Top Colleges For MBA Under 2 Lakh in Delhi 2026: Cheap MBA Colleges
    4. Top B-Schools For MBA Under 2 Lakh in Mumbai 2026: Affordable MBA Colleges
    5. Top Colleges for MBA Under 2 Lakh in Bangalore 2026: Low Fees MBA Colleges in India
    6. Cheap MBA Colleges in Hyderabad 2026
    7. MBA Colleges Under 2 Lakh in Hyderabad 2026
    MBA Under Rs. 2 Lakhs in India 2026: 15+ Colleges With Avg Package Rs.3.2–34 LPA
    MBA Under Rs. 2 Lakh in India 2026

    MBA Under 2 Lakh in India 2026: Low Fees MBA Colleges in India

    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.

    Top MBA Colleges Under 2 Lakh 2026

    MBA Colleges 2025

    MBA Fees 2026 (Rs.)

    MBA Under 2 Lakhs
    Average CTC (Rs.)

    FMS Delhi Fees 2026

    2.32 Lakh

    34.1 LPA

    TISS Fees

    1.85 Lakh

    28. 20 LPA

    DFS Fees

    0.97 Lakh

    19.12 LPA

    SIMSREE Fees 2026

    1.34 Lakh

    15. 10 LPA

    DSE MBA Fees 2026

    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

    PUMBA Pune Fees

    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

    Confused between CGPA and Percentage?

    Get your results instantly with our calculator!

    💡 Conversion Formula used is: Percentage = CGPA × 9.5

    Top Colleges For MBA Under 2 Lakh in Delhi 2026: Cheap MBA Colleges

    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.

    1. 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.

    2. 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

    3. 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.

    4. 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.

    Top B-Schools For MBA Under 2 Lakh in Mumbai 2026: Affordable MBA Colleges

    SIMSREE, Pumba Pune and TISS are some of the MBA Colleges under 2 Lakhs in Mumbai 2026

    1. SIMSREE

    Reva University BBA Admissions 2026

    QS I-Gauge Diamond Rated | NAAC A+ Accredited | 621 Recruitment Partners | INR 40 LPA Highest CTC | 4482 Job offers

    Indus University MBA Admissions 2026

    Highest CTC 16 LPA | Top Recruiters: Accenture, TCS, Tech Mahindra, Capgemini, Microsoft

    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.

    1. PUMBA Pune

    Top UGC Approved Colleges for Online MBA
    Download this ebook and get all details related to the top UGC approved colleges for Online MBA.
    Download List Here

    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.

    1. TISS Mumbai

    Manav Rachna-MBA Admissions 2026

    Recognized as Category-1 Deemed to be University by UGC | 41,000 + Alumni Imprints Globally | Students from over 20+ countries

    Illinois Tech Mumbai

    Admissions open for UG & PG programs at Illinois Tech 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.

    Top Colleges for MBA Under 2 Lakh in Bangalore 2026: Low Fees MBA Colleges in India

    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

    Cheap MBA Colleges in Hyderabad 2026

    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.

    MBA Colleges Under 2 Lakh in Hyderabad 2026

    MBA Colleges under 2 Lakhs in Hyderabad 2026MBA Fees 2026 (Rs.)CMR College of Engineering and Technology150000Ellenki College of Engineering and Technology130000Guru Nanak Institutions Technical Campus,131000KG Reddy College of Engineering and Technology90000Malla Reddy College of Engineering and Technology120000Malla Reddy Engineering College and Management Sciences80000Methodist College of Engineering and Technology100000Narsimha Reddy Engineering College80000TKR Institute of Management and Science96000Aradhana School of Business Management54000CMR Technical Campus130000Elenki Institute of Engineering and Technology130000


    Frequently Asked Questions (FAQs)

    Q: What is the Cost of IIM?
    A:

    The cost of IIMs in India is between Rs. 33 Lakhs to 21 Lakhs

    Q: Which non-IIM college has the best placements?
    A:

    Non-IIMs known for having the best placements are Symbiosis Institute of Business na

    Q: Which Non-IIM is better than the new IIMs?
    A:

    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.

    Q: Can I get into a Non-IIM MBA with XAT/NMAT?
    A:

    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. 

    Q: Which non-IIMs accept CAT score?
    A:

    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.

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    Questions related to MBA

    On Question asked by student community

    Have a question related to MBA ?

    Hello, if you want to pursue an MBA from government universities or institutions, then you can apply for well-known colleges like FMS, Delhi, IIMs, NITs, IITs, and more. Moreover, candidates can check the government MBA colleges in the link mentioned below.
    Best Government MBA Colleges in India

    Hello, you can fill in your bachelor's degree details in the qualifying degree tab of the TANCET 2026 application form, as per the TANCET eligibility criteria, which requires candidates to have completed their bachelor's degree to appear in the exam. It does not restrict candidates with a post-graduate to appear