MBA fees in India range from Rs. 26,000 to Rs. 27,00,000. The MBA fees in India for tier 1 colleges like IIMs, SPJIMR, MDI, etc. are very high, ranging from Rs. 14,00,000 to Rs. 27,00,000. Fortunately, there are still many top MBA government colleges like FMS Delhi and DFS Delhi that offer affordable MBA courses and have an excellent placement record. MBA fees in government colleges are pocket-friendly whereas fees of private MBA institutes like XLRI, SIBM, ISB, etc. are high. MBA fees in Indian institutes depend on various factors like infrastructure, extracurricular activities, hostel facilities, etc. Generally, the top 10 MBA colleges in India with fee structures that increase by 5–7% every year. In this piece, we will explore the MBA fee structure of B-schools in India, have a look at the placement record, etc.
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Although you earn the degree with your hard work over the two years, you have to pay the price of the education you receive, the faculty members, infrastructure and other facilities that you would avail of during these two important years of your life. The cost of MBA in India is dependent on various factors like curricular activities, infrastructure, hostel facilities, international exposure, placement services and much more. The lowest MBA fees in India are around Rs. 20,000 to Rs. 50,000. In this article, we discuss the top 10 MBA colleges in India with fee structure.
Many MBA colleges in India also provide scholarships to students fulfilling the eligibility criteria. Read the article further to know details on top MBA colleges in India with fee structures. Most of the candidates are looking for Govt. MBA Colleges with low fees. Your quest for your dream college ends here. This article on Career360 will help you choose the right MBA college for you. You will get a list of MBA fees in government colleges, top private colleges with low fees, and so on with this article. Continue to read to know the top MBA colleges, how much it costs to do an MBA from top B-schools, IIMs MBA fees in India, top B-schools and their MBA fees, top MBA colleges with lowest fees, etc.
Thus, a fee is one of the crucial factors in selecting the right B-School. As the MBA admission 2025-27 season ushers in, it is important for MBA aspirants who are expecting a call from the top B-schools, to know about the average MBA fees in India, they have to pay for their selected MBA programme. Although the fee amount should not matter if you are getting admission to top B-schools, you still need to know the fee amount so that you can analyze the ROI factor as well.
Check out the below table about MBA fees in India government colleges.
| Particulars | IIM Fees ranges (Approx in Rs.) |
|---|---|
| IIM MBA Fees | 16,00,000 – 27,00,000 |
| IIT MBA Fees | 4,00,000 – 21,00,000 |
| IGNOU MBA Fees | 64,000 |
Candidates can check the list of top government MBA colleges in India with fees in the table provided below. This table will also give you an idea of the top government MBA colleges in India with low fees. Candidates who are willing to get into a government college but are expecting low fees can opt from the list of colleges provided in this table.
| IIM | IIM MBA Total Fees* |
| IIM Ahmedabad | Rs 25 lakh |
| IIM Bangalore | Rs. 24 lakh |
| IIM Calcutta | Rs 19 lakh |
| IIM Lucknow | Rs 21 lakh |
| IIM Kozhikode | Rs 20.50 lakh |
| IIM Indore | Rs 21.14 lakh |
| IIM Shillong | Rs 15 lakh |
| IIM Rohtak | Rs 17.90 lakh |
| IIM Raipur | Rs 15.62 lakh |
| IIM Trichy | Rs 19.50 lakh |
| IIM Ranchi | Rs 15.30 lakh |
| IIM Kashipur | Rs 17.30 lakh |
| IIM Udaipur | Rs 20.43 lakh |
| IIM Nagpur | Rs 13.75 lakh |
| IIM Visakhapatnam | Rs 18.25 lakh |
| IIM Sirmaur | Rs 16 lakh |
| IIM Sambalpur | Rs 13.08 lakh |
| IIM Amritsar | Rs 17.30 lakh |
| IIM Mumbai | Rs. 21 lakh |
*These are the approximate fees only. The actual MBA fee structure may vary.
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With the IIM fee structure already discussed above, Careers360 brings to you the approximate cost of the top 10 MBA colleges in India with fee structure for their flagship management programmes in the academic year 2025-27. Check the following list of average IIT MBA fees in India.
B-School | Fee* |
Rs. 12 lakhs | |
Rs. 10.98 lakh | |
XLRI Jamshedpur | Rs 25.80 lakhs |
Rs. 8.52 lakh | |
Rs. 11.67 lakh | |
Rs. 20,960 | |
Rs. 21 lakhs | |
Rs. 14.07 lakh | |
Rs. 24.16 lakh | |
Rs. 24 lakh | |
Rs. 3.67 lakh | |
Rs. 21.87 lakh | |
Rs. 5.33 lakh | |
Rs. 2 lakh | |
Rs. 17.34 lakh | |
Rs. 15.86 lakh | |
Rs. 19.53 lakh | |
Rs. 21.67 lakh | |
IFMR Chennai | Rs. 18.71 lakh |
Rs. 11.80 lakh | |
ABV - Indian Institute of Information Technology and Management | Rs. 1.10 lakhs |
Rs. 11 lakhs | |
Rs. 17.29 lakh | |
Rs.16.29 lakh | |
Rs. 17.24 lakh | |
Rs. 3.96 lakh | |
Rs. 16.02 lakh | |
Rs. 2.73 lakh | |
Rs. 22.02 lakh | |
Rs. 20.07 lakh | |
Rs. 18.31 lakh | |
IMNU, Ahmedabad | Rs. 13.75 lakh |
Rs. 8.75 lakh | |
Rs. 16.27 lakh | |
Rs. 2.1 lakh | |
Rs. 7.99 lakh | |
Rs. 14.13 lakh | |
Rs. 8.15 lakh | |
Rs. 13.6 lakh | |
Rs. 21.56 lakh | |
Rs. 1.36 lakh | |
Rs. 8.60 lakh | |
Rs. 15 lakh | |
Rs. 13.50 lakh | |
Rs. 9.79 lakh | |
Rs. 10.75 lakh | |
Rs. 9.30 lakh | |
Rs. 1.31 lakh | |
Rs. 10 lakh | |
Rs. 6.90 lakh | |
Rs. 7.05 lakh | |
Rs. 8.60 lakh | |
Rs. 12.38 lakh | |
Rs. 6 lakh (MBA), Rs. 4 lakh (PGDM) | |
Rs. 6,07 lakh | |
Rs. 7 lakh | |
Rs. 17.80 lakh | |
Rs. 11.40 lakh | |
Rs. 11 lakh | |
Rs. 8.58 lakh | |
Rs. 7.75 lakh | |
Rs. 8.77 lakh | |
Rs. 9.85 lakh |
*The above fees are tentative and may vary for the current academic year.
Check the list of MBA course fees in some of the private colleges of India, which have distinguished themselves in the field of Master of Business Administration courses.
S. No | MBA Fees in India Private Colleges | Total Course Fee |
1 | XLRI Xavier College of Management, Jamshedpur | Rs 25.80 lakhs |
2 | MDI Gurgaon | Rs 24.99 lakhs |
3 | Rs 24 lakhs | |
4 | Rs 15.86 lakhs | |
5 | Rs 17.34 lakhs |
In India, the minimum fee for a full-time MBA degree is variable, and it depends on several factors including the ones such as the CAT or relevant entrance exam score. Candidates belonging to reserved categories, such as SC/ ST/ OBC, are charged much less as compared to unreserved category candidates. There are many government MBA Colleges with low fees as well.
So, if you don’t get admission to a good and low-fee B-school, it may be better to increase your budget and get into a good B-school with a strong placement record, even if it's slightly expensive. You will recoup your extra investment in a few months.
Read more:
There are many B-schools in India whose MBA fee structure is less than rupees one lakh. Even though their fee is low, all these institutes are recognised by the University Grants Commission (UGC). Here is the list of popular MBA colleges with less than Rs 1 lakh.
MBA Colleges Name | Course Name | Fee Structure* |
MBA in International Business | Rs 20,960 | |
PGP Foreign Trade Management | Rs 33,170 | |
MBA in Financial Management | Rs 26,000 | |
PGD in Health and Wellness Management | Rs 54,000 | |
MBA in Financial Management | Rs 26,000 | |
PG Diploma in Community Media | Rs 40,600 | |
MBA HRM | Rs 47,890 | |
MBA | Rs 54,000 | |
Garware Institute of Career Education and Development, University of Mumbai | PGD Retail Management | Rs 65,420 |
PGD Banking & Insurance Management | Rs 40,600 | |
PGD Aviation & Tourism Management | Rs 61,256 | |
Indian Institute of Social Welfare and Business Management-IISWBM | PGD Supply Chain and Logistics Management | Rs 70,000 |
Maharshi Dayanand University Center, Dwarka | MBA | Rs 48,000 |
MHRM | Rs 24,440 | |
PGD Export-Import & International Finance | Rs 6,000 | |
PGD Public Relations | Rs 3,500 | |
University College of Commerce and Business Management, Osmania University | MBA Technology Management Programme | Rs 20,000 |
Master of Business Economics | Rs 14,090 | |
MBA | Rs 56,550 | |
MBA | Rs 42,000 | |
PGD Security Management | Rs 40,000 |
*These are the approximate fees only. The actual fee may vary.
| Category | Average Fees (2 Years) |
| IIMs | Rs 20 to 28 Lakhs |
| Tier-1 Private College | Rs 15 to 25 Lakhs |
| Tier-2 Private College | Rs 8 to 12 Lakhs |
| Tier-3/ State College | Rs 2 to 6 Lakhs |
The MBA Programme at IGNOU consists of 21 courses in all. Total fees for all these courses are Rs 64,000:
Also Read: IIM Admission Criteria
Frequently Asked Questions (FAQs)
The one-year MBA fees for prestigious institutes like IIM Ahmedabad, IIM Bangalore, IIM Calcutta are around Rs 31 lakhs.
The lowest MBA fees in India have been provided are Rs. 50,000 to Rs. 1 lakhs.
The cost of doing an MBA in India comes to around Rs. 20,000 to Rs. 40 lakhs. MBA fees in India per year for the government and private colleges vary year to year.
Yes, MBA aspirants can also complete their MBA in any specialisation by attending any of the MBA entrance exams. Some of the institutions offering MBA courses under Rs. 1 lakh are Amity University, University of Delhi, Indian Institute of Social Welfare and Business Management and other state universities.
The quality of the education and infrastructure offered by the B-Schools for various management courses is up to the world-class level. So, the MBA fees in government or private colleges in India are higher as compared to other postgraduate courses.
On Question asked by student community
Hello,
Here you can get study material for CAT :
https://bschool.careers360.com/download/ebooks/cat-quantitative-aptitude-questions-answers-pdf
Hope it helps !
Hello aspirant,
A timetable is essential if you are preparing for the CAT in addition to your college coursework. It will give you an idea of how long it will take you to finish your syllabus and then set aside the appropriate amount of time for revision and mock exams. Without a set timetable, you risk taking your time and not completing your preparation as thoroughly as is necessary.
Thank you
Hope it helps you.
Hello Nikita,
To get into any of the top IIMs, such as IIM Ahmedabad, Bangalore, Calcutta, Lucknow, Kozhikode, or Indore, a good percentile in CAT is required, although academics play a vital role too. Let's break it down below:
CAT Score: 98+ percentile is an excellent score and makes one competitive.
Academic Scores:
Your 10th score at 84% is quite good.
A 12th score of 65% is on the lower side, which might hamper your chances at some of the top IIMs since they give weightage to past academic performance.
IIM Selection Criteria:
Every IIM has its own weightage for the scores of academics, CAT percentile, work experience, if any, and diversity.
For example, IIM Ahmedabad requires consistent academic records, while IIM Bangalore puts the strongest focus on work experience and diversified profiles.
Graduation: You are currently pursuing graduation, and your performance during that will also be considered in the shortlisting process.
While your CAT score is going to be the major pointer, your academic record-doing in class 12-is going to affect your prospects a bit at IIMs that place significant emphasis on your past performance. Still, you will have a healthy shot, at least at institutes like Lucknow, Kozhikode, and Indore, where a good score in CAT may offset lower marks in academics.
If you have diverse profiled extracurricular activities, leadership roles etc, or work experience, then it can build up your application further.
Hello!
Prep for CAT 2024: Application Pattern
Syllabus: Focus on those areas that fall under the syllabus; for instance, Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Data Interpretation & Logical Reasoning.
Books: Stick to standard books from renowned authors, say, Arun Sharma for Quant, Norman Lewis in vocabulary, and some mock tests available from TIME, IMS, or Career Launcher.
Mock Tests: Take mocks and study the mistakes made.
Time management: F ocus on speed and accuracy.
If you need a more structured approach, consider a coaching institute.
Start early and become a regular.
Wishing you the best! thankyou!
I understand your situation, Aishwarya. Preparing for the CAT while balancing your final year of engineering can be challenging, especially without coaching. However, with dedication and the right approach, it's definitely possible to crack the exam.
Here are some tips to help you get started:
1. Assess Your Strengths and Weaknesses:
2. Build a Strong Foundation:
3. Effective VARC Preparation:
4. Online Resources:
5. Create a Study Plan:
6. Stay Motivated:
While coaching can be helpful, it's not essential. With dedication, perseverance, and effective study strategies, you can definitely crack the CAT and achieve your goal of getting into IIMB.
Remember, starting now is a great decision. The earlier you begin, the more time you'll have to improve your skills and build confidence. Good luck!
For more information about CAT exam you can go through the link attached below.
https://bschool.careers360.com/exams/cat