Top MBA Colleges in India Under Rs 15 Lakhs in 2026: Fees, Placements, ROI & City-Wise List

Top MBA Colleges in India Under Rs 15 Lakhs in 2026: Fees, Placements, ROI & City-Wise List

Team Careers360Updated on 18 Feb 2026, 02:59 PM IST

Top MBA Colleges in India under Rs. 15 Lakhs include DMS IIT Delhi, IIT Jodhpur, FMS Delhi, SIMSREE, TISS Mumbai, etc. And these top MBA colleges offer average packages ranging from Rs. 7 LPA to Rs. 23 LPA. The list of Top MBA Colleges in India under Rs. 15 Lakhs includes some exceptional colleges that provide the best ROI among the top MBA colleges in India. FMS Delhi is considered one of the best MBA colleges in India; its fee is around Rs. 2.43 Lakhs, and its average package is around Rs. 34.1 Lakhs. DMS IIT Delhi is another top MBA college in India, with its fee accounting to Rs. 12 Lakhs and its average package reaching around Rs. 23.40 Lakhs. To get complete knowledge about the Top MBA colleges in India under Rs. 15 Lakhs, read this article further.

This Story also Contains

  1. Top MBA Colleges in India Under Rs. 15 Lakhs
  2. Top MBA colleges under Rs 15 Lakhs in Delhi
  3. Top MBA colleges under Rs 15 Lakhs in Mumbai & Pune
  4. Top MBA colleges under Rs 15 Lakhs in Hyderabad
  5. Top MBA colleges under Rs 15 Lakhs in Bangalore
Top MBA Colleges in India Under Rs 15 Lakhs in 2026: Fees, Placements, ROI & City-Wise List
Top MBA Colleges 2026

Top MBA Colleges in India Under Rs. 15 Lakhs

Candidates who are looking for colleges with lower fees, especially under Rs. 15 lakhs, can check the following table highlighting the best MBA colleges in India under Rs. 15 lakhs of MBA fees 2026.

Top MBA Colleges

Course

Total fees

Average package

DMS, IIT Delhi

MBA

Rs. 12 Lakhs

Rs. 23.40 LPA

SJSOM, IIT Bombay

MBA

Rs. 14.77 Lakhs

Rs. 23.50 LPA

DOMS, IIT Madras

MBA

Rs. 12.21 Lakhs

Rs. 16.93 LPA

IIT, Roorkee

MBA

Rs. 4.45 Lakhs

VGSOM, IIT Kharagpur

MBA

Rs. 11.75 Lakhs

Rs. 22.75 LPA

IIT Kanpur

MBA

Rs. 7 Lakhs

Rs. 17.20 LPA

FMS Delhi

MBA

Rs. 2.43 Lakhs

Rs. 34.01 LPA

TISS Mumbai

MBA

Rs. 1.85 Lakhs

DFS Delhi

MBA

Rs. 97,000

Rs. 19.12 LPA

Simsree Mumbai

MBA

Rs. 1.38 Lakhs

Rs. 15.10 LPA

DSE

MBA

Rs. 1.07 Lakhs

Rs. 14.90 LPA

DBE DU

MBA

Rs. 99,700

Rs. 15.12 LPA

UBS Chandigarh

MBA

Rs. 4 Lakhs

Rs. 12.43 LPA

PUMBA

MBA

Rs. 2.50 Lakhs

Rs. 11.23 LPA

JMI Delhi

MBA

Rs. 1.06 Lakhs

Rs. 10.08 LPA

BHU Varanasi

MBA

Rs. 99,288

Rs. 10.01 LPA

NIT, Tiruchirappalli

MBA

Rs. 2.87 Lakhs

NIT, Surathkal

MBA

Rs. 4.71 Lakhs

MNIT, Jaipur

MBA

Rs. 2.52 Lakhs

Rs. 7.82 LPA

NIT, Silchar

MBA

Rs. 2.38 Lakhs

Rs. 7.5 LPA

NIT, Durgapur

MBA

Rs. 1.30 Lakhs

Rs. 12.61 LPA

NIT, Calicut

MBA

Rs. 2.30 Lakhs

Rs. 11.27 LPA

NIT, Warangal

MBA

Rs. 3.10 Lakhs

Rs. 11.9 LPA

NIT, Srinagar

MBA

Rs. 10.60 Lakhs

Indian Institute of Forest Management, Bhopal

MBA

Rs. 11.80 Lakhs

Rs. 10.02 LPA

Indian Institute of Social Welfare and Business Management, Kolkata

MBA

Rs. 8.30 Lakhs

Rs. 8 LPA

GNLU, Gandhinagar

MBA

Rs. 2.54 Lakhs (2018-19)

–-

Chandigarh University

MBA

Rs. 6.48 Lakhs

LPU, Jalandhar

MBA

Rs. 8.80 Lakhs

Rs. 13.60 LPA (Top 10%)

Top MBA colleges under Rs 15 Lakhs in Delhi

FMS Delhi, DFS Delhi, and DOMS IIT Delhi are some of the top names in the Top MBA colleges in Delhi under Rs 15 Lakhs. Refer to the table below for complete details.

Top MBA Colleges

Course

Total fees

Average package

FMS Delhi

MBA

Rs. 2.43 Lakhs

DFS Delhi

MBA

Rs. 97,000

Rs. 19.12 LPA

DOMS, IIT Delhi

MBA

Rs. 12 Lakhs

Rs. 23.40 LPA

DSE

MBA

Rs. 1.07 Lakhs

Rs. 14.90 LPA

DBE DU

MBA

Rs. 99,700

Rs. 15.12 LPA


Top MBA colleges under Rs 15 Lakhs in Mumbai & Pune

To know about the top MBA colleges in India under Rs 15 Lakhs in Mumbai & Pune, refer to the table below.

Top MBA Colleges

Course

Total fees

Average package

Simsree Mumbai

MBA

Rs. 1.38 Lakhs

Rs. 15.10 LPA

TISS

MBA

Rs. 1.85 Lakhs

PUMBA

MBA

Rs. 2.50 Lakhs

Rs. 11.23 LPA

JBIMS Mumbai

MMS

Rs. 8.13 Lakhs

Rs. 26.01 LPA

SJSOM, IIT Bombay

MBA

Rs. 14.77 Lakhs

Rs. 23.50 LPA

Top MBA colleges under Rs 15 Lakhs in Hyderabad

Information about the top MBA colleges in India under Rs 15 Lakhs in Hyderabad is given in the table below:

Top MBA Colleges

Course

Total fees

Average package

Institute of Public Enterprise (IPE)


PGDM

Rs. 9.15 Lakhs

Rs. 7.41 LPA

Vignana Jyothi Institute of Management (VJIM)

PGDM

Rs. 9 Lakhs

Rs. 6.32 LPA

Siva Sivani Institute of Management (SSIM)

PGDM

Rs. 8.40 Lakhs

Rs. 6.91 LPA

National Institute of Agricultural Extension Management (MANAGE)

PGDM Agribusiness Management

Rs. 12.38 LPA

Top MBA colleges under Rs 15 Lakhs in Bangalore

Top MBA colleges in India under Rs 15 Lakhs in Bangalore include colleges like Christ University, Presidency University, etc. Refer to the list below to get the complete list.

Top MBA Colleges

Course

Total fees

Average package

Christ University

MBA

Rs.11,40,000

Bangalore University

MBA

Rs. 78,750

Presidency University

MBA

Rs. 5.30 Lakhs

Al Ameen Institute of Management Studies

MBA

Rs. 1.90 Lakhs

Atria Institute of Technology

MBA

Rs. 13.86 Lakhs

Xavier Institute of Management and Entrepreneurship (XIME)

PGDM

Rs. 12.90 Lakhs

Rs. 10 LPA

Alliance School of Business

MBA

Rs. 15 Lakhs

Frequently Asked Questions (FAQs)

Q: Which MBA college is best with low fees in India?
A:

Some of the best MBA colleges in India with low fees are FMS Delhi, JBIMS Mumbai, and TISS Mumbai.

Q: Which is India's No. 1 MBA college?
A:

The number one MBA college in India is the Indian Institute of Management (IIM) Ahmedabad, according to the NIRF 2025 management rankings.

Q: Which IIM has low fees?
A:

IIM Bodh Gaya and IIM Sirmaur have some of the lowest fees, with figures around Rs. 15.5 lakh to Rs. 16.3 lakh for their MBA programs.

Q: Which MBA is most in demand in India?
A:

The most in-demand MBA courses in India are currently in Business Analytics, Digital Marketing, and Finance.

Q: Which MBA is best for money?
A:

The top 10 Highest-Paying MBA Specializations are: 

  • Finance.

  • Marketing.

  • Economics.

  • Entrepreneurship.

  • International Business.

  • Investment Management.

  • Innovation Management.

  • Data Analytics.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Hello,

Here are some top colleges accepting XAT and CAT exams :

Top colleges accepting CAT:

  • IIMs (All Indian Institutes of Management)

  • FMS Delhi

  • SPJIMR Mumbai

  • MDI Gurgaon

  • IIT Bombay (SJMSOM)

  • IIT Delhi (DMS)

  • IIFT

  • IMT Ghaziabad

  • JBIMS Mumbai

Top colleges accepting XAT:

  • XLRI Jamshedpur

  • XIMB Bhubaneswar

  • IMT Ghaziabad

  • Great

Hi ,

can you please specify the question like in NIT trichy are you looking for admission in B. tech program .

If yes for B. tech program then JEE main exam is necessary and the cut off for each branch may vary.

https://engineering.careers360.com/articles/jee-main-cutoff-for-nit-trichy


Hi there,

A female candidate with a CAT percentile of 67.97 and low sectional scores should target private and tier-2/3 B-schools that accept overall CAT scores in the 60–70 percentile range and have flexible sectional criteria.

Some suitable options include AIMS Institute Bangalore, Doon Business School Dehradun, Christ Institute of

Hi dear candidate,

Although, the older and prestigious IIMs require 97 to 99 percentile which is not applicable in your case. The IIM Rohtak and IIM Shillong might be your closest calls with historically cut off range around 91 to 93 percentile in CAT especially with strong hold for female

Hi there,

Yes, you are eligible for XISS Ranchi with a CAT percentile of 67.60.

According to recent admission trends, the CAT cutoff for the PGDM in Human Resource Management for the general category has been around 60 percentile. For other programs such as Marketing, Finance, and Rural Management, the