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

IBSAT 2025-ICFAI Business School MBA/PGPM 2026

IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR

Symbiosis MBA - SNAP 2025

1 Exam accepted by 17 Top Symbiosis Institutes for 29 MBA programmes.

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

FLAME University | MBA 2026

NAAC A++ Grade | MBA program graded A** (National) by CRISIL | AACSB, ACBSP and BGA Member

Atlas SkillTech University MBA Admissions 2026

India’s first Urban Multidisciplinary University | Case-based pedagogy | Industry-endorsed 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: 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.

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

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

Q: What is the Cost of IIM?
A:

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

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Questions related to MBA

On Question asked by student community

Have a question related to MBA ?

Hello,

There is no official integrated MBA + LL.B course offered in India. The Bar Council of India (BCI) has not approved any such integrated program.

Students who want to study both management and law can choose the approved BBA LL.B (Hons) or BA LL.B (Hons) integrated courses after completing 10+2. These are 5-year programs that combine subjects from business administration and law.

After completing an LL.B or an integrated law course, students can later pursue an MBA separately to gain advanced management knowledge.

In short, there is no direct MBA + LL.B integrated course , but students can do BBA LL.B first and then pursue MBA for a similar combination of legal and management skills.

Hope it helps !

Hello,

For the DU SOL MBA first semester exam, you can study from these materials:

  1. DU SOL Study Material:
    Download or collect the official study material from the DU SOL website or your study center. It covers all the topics in the syllabus.

  2. Recommended Books:
    Use the books suggested in the syllabus or by your teachers. Authors like Philip Kotler (for Marketing) and Stephen P. Robbins (for Management) are good.

  3. Previous Year Question Papers:
    Solve past papers to understand the exam pattern and important topics.

  4. Notes and Summaries:
    Make short notes from your study material for quick revision before the exam.

  5. Online Sources:
    Watch YouTube lectures or read free notes from trusted educational sites for better understanding.

These materials are enough to prepare well for your MBA 1st semester exam.

Hope it helps !

Yes, you can apply for an online MBA even with a Diploma in Mechanical Engineering and 29 years of work experience. Many universities offering online MBA programs consider professional experience and diploma qualifications for admission, especially if you have significant industry exposure. However, eligibility may vary depending on the institution. Some universities may require a bachelor’s degree, while others accept diploma holders with long professional experience. It’s best to check the specific eligibility criteria of the university you’re interested in before applying.

Hello,

To get an MBA, you typically need to have a bachelor's degree and work experience, though this is often not required for integrated programs. The next step is to take a relevant entrance exam like CAT, XAT, NMAT, or GMAT, and then apply to the business schools of your choice. The final stages usually involve a Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) before a final admission decision is made.

I hope it will clear your query!!

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!!