MBA Colleges Fee in India

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Update on
January 30, 2021

MBA is considered the Golden Passport for a dream career in Corporate World. While preparing for MBA Admissions, you should know the correct MBA Fee in India, and plan for it. MBA College Fees varies widely based on type of B-school and generally increases by 5-7% every year. There are MBA colleges with High fee and Moderate fee but many top MBA colleges with low fee and high placements like FMS Delhi, UBS Chandigarh, SIMSREE Mumbai, PUMBA Pune also exist in India

 

The present MBA Fee for IIMs ranges from Rs 12 Lakhs to Rs 23 Lakhs and the MBA Fee for Top PGDM B-schools like XLRI, MDI and SPJIMR ranges from Rs 15 Lakhs to Rs 23 Lakhs. So, MBA from most of the Top 10-20 B-schools in India will cost between Rs 12 lakhs and Rs 23+ Lakhs. But if you have lower budget for your MBA Fee, don’t worry. MBAUniverse.com has researched MBA Fee for all Top 200 B-schools and MBA Programs in India and will guide you with latest 2021 MBA Fee details including top MBA colleges with low fees in India.

 

On this page, you will get following information:

  • MBA Fee for Top Private MBA/PGDM Colleges in India with Admission Status
  • MBA Colleges in India with Fee Structure
  • MBA Fee for IIMs
  • MBA Colleges in India with Low Fee 

MBA Fee for Top Colleges with Admission Status
The Top B-schools like XLRI and MDI are expensive too. Fee for XLRI PGDM program (equivalent to MBA) is Rs 23.60 lakhs. MDI PGDM Fee is also expensive at Rs 21.34 lakhs. SPJIMR PGDM is considered a top program with affordable MBA Fee. FMS Delhi has the lowest MBA fee amongst top Colleges in India. Top MBA Colleges in India with Fee Structure are given below.

Institute Name

Fees (Rs in Lakhs)

Admission Status

FMS New Delhi: Faculty of Management Studies

 1.92

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XLRI Jamshedpur: Xavier School of Management

23.60

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MDI Gurgaon: Management Development Institute

21.34

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SPJIMR Mumbai: SP Jain Institute of Management & Research

17.50

Closed/Read More

SIBM Pune: Symbiosis Institute Of Business Management

20.72

Closed/Read More

JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies

 6.00

Closed/Read More

IIFT New Delhi: Indian Institute of Foreign Trade

17.70

Closed/Read More

NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM

20.80

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IMI Delhi: International Management Institute

18.35

Closed/Read More

Source: MBAUniverse.com

 

MBA Colleges with Fee Structure
With more than 3,000 MBA Colleges in India of different quality, there is a wide range with Fee Structure too. Generally, MBA Fee ranges from Rs 5.0 Lakhs to 15.0 Lakhs. MBA Colleges in India with Fee Structure are below.

Institute Name

Fees (Rs in lakhs)

Admission Status

IMT Ghaziabad: Institute of Management Technology

19.53

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Great Lakes Chennai: Great Lakes Institute of Management - GLIM

15.86

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BITS Pilani – Deptt of Management 

  9.00

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Prin. L. N. Welingkar Institute of Management Development & Research

11.04

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Xavier Institute of Management, XIMB

19.50

Closed/Read More

TAPMI Manipal: T A Pai Management Institute

15.10

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GIM Goa: Goa Institute of Management

17.21

Closed/Read More

IRMA Anand: Institute of Rural Management

15.17

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K J Somaiya Institute of Management, Mumbai

16.29

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SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development

17.43

Closed

BIMTECH Greater Noida: Birla Institute of Management Technology

12.00

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IFMR GSB at KREA University, Sri City

13.86

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Symbiosis Institute of Business Management - SIBM Bangalore

16.00

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IPE Hyderabad: Institute of Public Enterprise

  8.15

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Jagan Institute of Management Studies, Rohini

  7.95

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Jaipuria Institute of Management, Lucknow

10.45

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Jaipuria Institute of Management, Noida

10.45

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New Delhi Institute of Management (NDIM) Delhi

 8.25

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Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore

11.20

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IMS Ghaziabad

  7.95

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Loyola Institute of Business Administration (LIBA) Chennai

15.26

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Institute Of Management Technology (IMT) Nagpur

12.10

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Chandragupt Institute of Management (CIMP) Patna

  7.65

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SOIL Institute of Management, Gurgaon

15.03

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Bharathidasan Institute of Management (BIM), Tiruchirappalli

12.15

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Jagannath International Management School (JIMS) Kalkaji

  7.95

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Xavier Institute of Social Service (XISS) Ranchi

 8.90

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SIES College of Management Studies, Mumbai

 8.90

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IES’s Management College and Research Centre (IESMCRC), Mumbai

 8.00

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Entrepreneurship Development Institute of India - EDII Ahmedabad

12.31

Open/Apply Now

Source: MBAUniverse.com

 

MBA Fee for IIMs
There are 20 IIMs in India. Do you know that MBA from IIM Ahmedabad is the most expensive, while its cheapest from new IIMs like IIM Sirmaur and IIM Bodhgaya. Complete List of IIMs with Fee Structure is given below. The admission status for all the 20 IIMs opens with the start of CAT exam registration and closes when the last date to apply for CAT is over.

 Institute Name

Fees (Rs.in Lakhs)

IIM Ahmedabad: Indian Institute of Management

23.00

IIM Calcutta: Indian Institute of Management

21.10

IIM Bangalore: Indian Institute of Management

23.20

IIM Lucknow: Indian Institute of Management

14.16

IIM Kozhikode: Indian Institute of Management

19.00

IIM Indore: Indian Institute of Management

17.07

IIM Trichy: Indian Institute of Management Tiruchirappalli

16.50

IIM Shillong: Indian Institute of Management

15.00

Indian Institute of Management (IIM) Udaipur

17.60

IIM Kashipur: Indian Institute of Management

15.42

Indian Institute of Management (IIM) Ranchi

15.30

Indian Institute of Management (IIM) Jammu

13.80

Indian Institute of Management (IIM) Raipur

14.21

IIM Rohtak: Indian Institute of Management

16.65

IIM Nagpur: Indian Institute of Management

13.75

IIM Visakhapatnam: Indian Institute of Management

13.90

Indian Institute of Management (IIM) Amritsar

12.00

Indian Institute of Management (IIM) Sirmaur

11.75

Indian Institute of Management (IIM) Bodhgaya Bihar

10.60

Indian Institute of Management (IIM) Sambalpur

13.03

Source: MBAUniverse.com

 

MBA Colleges with Low Fee
While MBA Programs at IIMs are expensive, there are many MBA Colleges in India with Low Fee. We have prepared different list of colleges at different fee structure. So you can match your budget.

 

But remember, you do your MBA only once. So, if you don’t get admission in a good and low fee B-schools, it may be better to increase your budget and get into a good B-school, with strong placement record, even if its slightly expensive. You will recoup your extra investment in a few months. MBA colleges with low fee in India can be divided into following two categories:

  1. Low Fee MBA Colleges in India with less than Rs.5 Lakh Fee
  2. Lowest Fee MBA Colleges in India with less than Rs.1 Lakh Fee

Let us know the top MBA colleges in India with low and lowest fee structure:

 

1. MBA colleges in India with less than Rs. 5 lakh fee for MBA

FMS Delhi, one of the top MBA colleges in India offers MBA at a fee of Rs.1.92 lakhs, while SIMSREE, a Mumbai University MBA college, offers MBA/PGDBM at a fee as low as Rs.1.36 lakhs; PUMBA Pune – the Pune University MBA is offered at a low fee of Rs.2.45 lakhs Following are some of the top MBA colleges in India with less than Rs.5 lakh fee for MBA and the MBA colleges in India with less than Rs.3 lakh fee for MBA

Institute Name
Fees (Rs in lakhs)
 1.92
 1.36
4.05
2.45
1.07
2.56

Source: MBAUniverse.com

 

2. Lowest MBA Fee in India: MBA colleges with less than Rs. 1 lakh Fee
The lowest MBA fee in India is collected by the Government University MBA departments or affiliated MBA colleges like DSE-Delhi University; USMS-IP University among others. Earlier, FMS Delhi had the lowest MBA fee of Rs. 22,000 for the entire 2 years full time MBA programme but the fee is increased now.

Institute Name
Fees (Rs in lakhs)
Delhi School of Economics (DSE)-Delhi University
0.35
MBA (Financial Markets) University School of Management Studies (USMS) – Guru Gobind Singh Indraprastha University
0.60
University Business School Chandigarh-Panjab University
0.31

MBA Fee in India: Key Trends

  1. IIMs & Top MBA Colleges increase MBA Fee Annually: IIM Ahmedabad, Bangalore, Calcutta and rest other IIMs increase their fee for each academic session. IIMs increase their fee with the beginning of their academic session. IIM Ahmedabad, IIM Calcutta, IIM Bangalore, XLRI Jamshedpur, MDI Gurgaon have already increased their fee. 
  2. Good MBA colleges with low fee are few: These are the Government University MBA departments or affiliated colleges. MBA at UBS Chandigarh is offered at Rs.31,000 while MBA at FMS Delhi of Delhi University is still offered at a fee of Rs.1.92 lakhs for the entire MBA programme. SIMSREE, a Mumbai University MBA college, offers MBA/PGDBM at a fee as low as Rs.1.36 lakhs; PUMBA Pune – the Pune University MBA is offered at a low fee of Rs.2.45 lakhs.
  3. MBA Colleges in Delhi, Bangalore with less than 5 lakh fee are many: Delhi University; Guru Gobind Singh Indraprastha University Delhi; Bangalore University; VTU Bangalore University; Mumbai University are few of the examples who offer MBA programme at less than Rs.2 lakhs.