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 25 Oct 2025, 11:39 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 expected to be around Rs. 2.32 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
  2. Top MBA Colleges Under 2 Lakh 2026
  3. Top Colleges For MBA Under 2 Lakh in Delhi 2026
  4. Top B-Schools For MBA Under 2 Lakh in Mumbai 2026
  5. Top Colleges for MBA Under 2 Lakh in Bangalore 2026
  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

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

Top Colleges For MBA Under 2 Lakh in Delhi 2026

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

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

  1. SIMSREE

SDA Bocconi IMB Admissions 2026

Applications Deadline - 22nd January 2026 | Offers full-time PGP in International Master in business (IMB) Equivalent to MBA under following specializations Marketing, HR, Operations, and many more

IFMR Graduate School of Business MBA Admissions 2026

Application Deadline 15th Jan’26 | UGC Approved Programs | Near 100% Placement Record | Up to 100% Scholarships | Highest CTC 21.32 LPA

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

JAGSoM PGDM Admissions 2026

Highest CTC 51.38 LPA | Median CTC 10.32 LPA | Top 25% Average CTC 14.32 LPA

Atlas SkillTech University | BBA Admissions 2026

Partnerships with diverse assortment of global organizations and industry leaders | Industry-driven curriculum

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

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

With an NMAT score of 205, you have decent chances in good mid-tier MBA colleges.
You may get calls from NMIMS Hyderabad or Indore, but the Mumbai core is usually slightly higher.
Colleges like SDA Bocconi Asia Centre, BML Munjal, and IBS Hyderabad are realistic options.
Some reputed private B-schools may also consider you if sectional cutoffs are clear. Overall, 205 is a fair score that can lead to a solid MBA college with good planning.

You can refer to the link I am attaching for more details: CLICK HERE

CAT does not restrict eligibility based on stream. Candidates from commerce, arts, science, engineering or any other background can appear for CAT and apply to MBA programmes offered by IIMs and other top B-schools.

The basic eligibility criteria for CAT are:
You must hold a bachelor’s degree in any discipline from a recognised university with at least 50 percent marks (45 percent for SC, ST and PwD categories). Final-year graduation students are also eligible to apply.

Being a commerce graduate can actually be an advantage in areas such as accounting, finance, economics and business studies, especially during MBA coursework in finance, marketing and operations.

After qualifying CAT, admission depends on multiple factors including CAT percentile, academic background, work experience (if any), performance in GD, WAT and personal interview rounds. Many IIMs and B-schools follow a diverse academic background policy, which means non-engineering candidates, including commerce graduates, often receive additional weightage.

Apart from IIMs, several reputed institutes such as FMS Delhi, SPJIMR Mumbai, MDI Gurgaon, IMT Ghaziabad, and many state and private universities also accept CAT scores for MBA admissions.

So, as a commerce graduate, you are fully eligible to appear for CAT and pursue an MBA, provided you meet the minimum academic requirements and perform well in the selection process.

If you want, I can also help you with realistic CAT percentile targets based on your academic profile or suggest suitable MBA colleges.


Hello aspirant,

First-year MBA fees in India vary greatly, ranging from less than rupees one lakh for government/distance programs to rupees ten to twenty-five lakhs or more for elite private B-schools (such as ISB, IIMs, and XLRI). The majority of elite private institutions charge between rupees eight and twenty-five lakh for the entire two-year program, indicating that first-year expenses are substantial.

For more information, you can visit our site through following link:

https://bschool.careers360.com/articles/mba-fee-know-how-much-your-mba-will-cost-in-top-b-schools

Thank you

Hello,

Transferring mid-stream from an online MBA to an offline MBA is generally very difficult and rare, requiring a fresh application and usually withdrawal from your current program. You can apply for a new offline MBA after completing your online MBA or even while pursuing it (with caution), provided your current university is recognized.

I hope it will clear your query!!

Hello

You have scored 234 (QA: 78, VA: 84, LR: 72), you have a higher chance of getting a call from the NMIMS Mumbai MBA Core call, as it is the nearest score to the 235 cutoff. You have a good score in the verbal subject and have a decent score in QA/LR, which makes a call quite possible. It also depends on the final year's cutoffs and the specific section requirements. Around 230-250 marks are considered a good score. I hope this information helps you.

Thank you.