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In earlier times, unlike professional courses like Law or Medical courses, an MBA did not have much recognition among the masses nor was it considered much prestigious degree like the other two mentioned above.
It is about the 19th century, when industrialization took place and society witnessed a rise in the demand for leaders who could manage big organisations since such leaders were capable of understanding the relationship between expertise and the world force of a company. MBAs and MBA degrees became prominent in the management field in the middle of the 20th century. When the demand for MBA courses and specialisations increased, the cost of doing an MBA also increased.
Along with the passage of time, MBA has built a solid reputation among the masses globally. The fact that this degree promises high employability and salary to fresh MBA postgraduates makes an MBA even a better opportunity as a career for students. But everything comes with a cost, so is a top MBA course. Once a student decides to pursue an MBA, along with appearing in top MBA entrance exams, he is expected to know about the hefty amount of fee he has to pay to the institution where he is pursuing his MBA degree.
Despite being an expensive one, this course has gained so much popularity in the last decade as it opens a gateway of numerous opportunities for MBA grads once they complete their degree. That's why MBA is so costly in India. MBA is a 2-year postgraduate programme that can be pursued in various disciplines like- MBA in Finance, HR, Marketing, and IT in India. The program is offered by the top and most prestigious B-Schools across the country and IIMs (Indian Institute of Management), Symbiosis Institute of Management Studies, Symbiosis International, Faculty of Management Studies, etc are some of those Institutes. The fee structure of each Management school differs from that of each other. The fee for an MBA degree in India ranges between 6 lakh to 22 lakh.
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Here are the factors that play a significant role in making MBA an expensive course, By going through the below factors, candidates can easily understand why MBA is so expensive?
Expertise of Faculties
It is the responsibility of B-Schools to provide their students with expert faculties who have excellent academic credentials. The knowledge of such experts comes at a cost and taking insights from such professors and mentors is one of the main benefits of pursuing an MBA. Hence, it’s quite reasonable for B-schools to invest in such faculty.
MBA is not just a qualification
While pursuing an MBA, one doesn’t only pay for their studies but also for the experience that they would miss out on otherwise. Studying MBA could cost more than just a tuition fee especially when one decides to move abroad and study at prestigious Management schools in America or Europe. It is needless to say moving out of your home country to another country for the purposes of study becomes substantially expensive.
Resources
B-Schools do not provide for faculties and tutorial classes only, rather, these institutes always endeavor to offer their students more and more facilities such as school resources which include- hostel, library, mess, etc. Along with these resources, management institutes are also encouraging e-learning and digital learning models in order to make it easier for MBA students to learn through online programs. Such learning resources come at a cost.
Student Trips
Apart from studies, MBA students at B-Schools add value to their experience by participating in various kinds of abroad trips to conduct big projects, workshops, programs, career fairs, etc. Such programs also incorporate a huge cost of learning.
Before enrolling in an MBA programme, one must thoroughly go through ways that might make their journey in B-school affordable. They can go for the options like:
Scholarships
MBA is an expensive course, hence, to help bear the expenses, there exists an MBA Scholarship. One must research the MBA Scholarship opportunities available to them as it will open the doors for them to pursue a popular yet expensive course and help them to cover a part of their education expenses.
Also, there are available scholarships for students belonging to a particular group or community, which they can avail by fulfilling the basic eligibility criteria for such scholarships.
Student loan
In case, where one fails to find any MBA scholarships or if no scholarships are available to them, they can also go for student loans with lower interest rates also.
MBA is an expensive course, but at the same time it promises career growth, personal development, and high salary along with great learning experiences.
The MBA course fee offered by the various B-schools are mentioned below. Going through the below table, MBA aspirants can get the answer to the question, Why MBA so expensive?
B-School | IIM Fee Ranges (Approx in Rs.) |
IIM MBA Fees | Rs 12,00,000 to 28,00,000 |
IIT MBA Fees | Rs 4,00,00 to Rs 21,00,000 |
XLRI Jamshedpur | Rs 16.8 lakh |
Rs 24.16 lakh | |
Rs 16.50 lakh | |
Rs 21.25 lakh |
Doing an MBA is only worth the expense, time, and effort when a graduate plans to work in a business-related sector, in management, or as a company founder.
One of the most significant reasons behind the expensive nature of the MBA programs in India is the need for robust facilities and infrastructure. In order to deliver high-quality education, B-schools require well-equipped libraries, modern classrooms, audio-visual aids, computer labs, and other amenities.
An MBA programme is designed to develop candidate's skills in various domains. However, Engineering course follows a single path. MBA degree is a qualification that gives a student a step-up in their careers and enhances their skills and competence. The MBA fee also includes an opportunity cost.
Usually, the highest fee in Tier-1 MBA colleges ranges from Rs 15,00,000 to Rs 30,00,000. Apart from that the MBA fee structure in top IIMs ranges from Rs 15,00,000 to Rs 28,00,000.
Hello aspirant,
The question papers for CAT MGU University can be found on their official website, or you can also visit careers360 website for the same.
The link of which, I am attaching here,
https://university.careers360.com/articles/mgu-cat-2025
Regards
Hello Anshuman!!!
You have gotten 86% in 10th, which is a good score. 70% in graduation is not the best but decent. But the main problem is your 12th score which is 62%.
You would be already aware that the Top IIMs (BLACKI) give a big emphasis on your academic score. Let me tell you one example of IIM Ahmedabad,
According to a research i read a few days ago, in IIM Ahmedabad,
70.8%
of students has 90+ percent in 12th,
25.8%
has 80-90 percent and around
3.8%
has less than 80% with the bracket of 60-69 having only
0.26%
students of the total batch. Nearly same is the case of the other top IIMs like IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Kozhikode and IIM Indore.
Statistically, getting into these TOP IIMs is possible with 62% in 12th is possible (0.26% has done it) but practically you cannot get into these TOP IIMs unless you top the CAT exam.
See, I don't wish to dishearten or demotivate you but I wish to tell you the truth. Although the probability of you getting into these TOP IIMs is very less, but trying is better than doing nothing. You have a good score in 10th which will certainly help you. The least you could do is try your best.
My advice would be that you should not focus on these things like "Will I get top IIM" or negative talk like " I got low marks I won't qualify" etc.
The main focus should be on your preparation.
Give 100% in your preparation because that's the only thing in your hand. You can't change your 10th/12th/Graduation scores but you can put some more effort in your preparation which would certainly help to get better percentile.
Keep working hard and give your best. You might surprise yourself!!! And if not BLACKI, there are many other good colleges like FMS, MDI, newer IIMs etc.
Hello,
Yes, with a 622 rank in IPU CET for MBA and being a Delhi candidate, you have a good chance of getting admission in MAIT (Maharaja Agrasen Institute of Technology).
You don’t need to worry about not giving the CAT exam. IPU CET rank is enough for admission in MAIT under the CET quota.
Just make sure to keep MAIT high in your preference list during counselling.
Hope it helps !
Hello,
A NEET 2025 score of 333 marks, an All India Rank (AIR) near 3,56,000, and belonging to the SC category from Andhra Pradesh suggest a fair possibility of obtaining an MBBS seat within the state quota, especially in private medical colleges under Category A (government quota seats in private institutions).
In Andhra Pradesh, SC category cut-offs for Category A seats in private institutions generally vary from 320 to 370, influenced by the college and the counselling round. Government medical colleges tend to be more competitive, with the SC cut-off for MBBS frequently rising, often exceeding 400 marks.
Although obtaining a government MBBS seat is improbable, you stand a feasible opportunity in private medical colleges within A category (which offer lower tuition than B and C categories). In Round 2 or the Mop-Up round, you can anticipate improved opportunities, since cut-offs generally decrease when other students move to superior colleges or vacate seats.
Colleges such as NRI Medical College (Guntur), Katuri Medical College (Guntur), Great Eastern Medical School (Srikakulam), Alluri Sitarama Raju Academy of Medical Sciences (Eluru), and Fathima Institute of Medical Sciences (Kadapa) are among those where seats could become available for SC students in subsequent rounds under Category A.
Hope this helps. All the best!
Yes, candidates who qualify in CUSAT CAT can gain admission to various participating institutes based on their rank. These include engineering colleges associated with CUSAT, such as its own School of Engineering in Kochi, Model Engineering College, and over 20 government and private engineering colleges across Kerala like College of Engineering Thrikkaripur, Co-operative Institute of Technology Vadakara, and MG College of Engineering Thiruvallam. The final seat allotment is based on your rank and your choice of program during the counselling process.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
A Business Development Executive identifies and pursues new business opportunities to drive company growth. They generate leads, build client relationships, develop sales strategies, and analyse market trends. Collaborating with internal teams, they aim to meet sales targets. With experience, they can advance to managerial roles, playing a key role in expanding the company’s market presence and revenue.
Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.
A Sales Manager leads a sales team to meet targets, formulates strategies, analyses performance, and monitors market trends. They typically hold a degree in management or related fields, with an MBA offering added value. The role often demands over 40 hours a week. Strong leadership, planning, and analytical skills are essential for success in this career.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns.
Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.
In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
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