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    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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