What is the average fees for MBA In India?

By: Eduethic

Introduction

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

Also Read - Which Government College Is Best For BBA In India?

The 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, an MBA from most of the Top 10-20 B-schools in India will cost between Rs 12 lakhs and Rs 23+ Lakhs. However, if you have a lower budget for your MBA Fee, do not worry. MBAUniverse.com has researched MBA Fee for all the Top 200 B-schools and MBA Programs in India and will guide you with the latest 2021 MBA Fee details, including top MBA colleges with low fees in India.

MBA Fee for Top Colleges

Institute Name	Fees (Rs in Lakhs)
FMS New Delhi: Faculty of Management Studies	1.92
XLRI Jamshedpur: Xavier School of Management	23.60
MDI Gurgaon: Management Development Institute	21.34
SPJIMR Mumbai: SP Jain Institute of Management & Research	17.50
SIBM Pune: Symbiosis Institute Of Business Management	20.72
JBIMS Mumbai: Jamnalal Bajaj Institute of Management Studies	6.00
IIFT New Delhi: Indian Institute of Foreign Trade	17.70
NMIMS Mumbai: School of Business Management, Narsee Monjee Institute of Management Studies - SBM	20.80
IMI Delhi: International Management Institute	18.35

MBA Colleges with Fee Structure

With more than 3,000 MBA Colleges in India of different quality, there is also a wide range of Fee structures.


Institute Name	Fees (Rs in lakhs)
IMT Ghaziabad: Institute of Management Technology	19.53
Great Lakes Chennai: Great Lakes Institute of Management - GLIM	15.86
BITS Pilani – Deptt of Management	9.00
Prin. L. N. Welingkar Institute of Management Development & Research	11.04
Xavier Institute of Management, XIMB	19.50
TAPMI Manipal: T A Pai Management Institute	15.10
GIM Goa: Goa Institute of Management	17.21
IRMA Anand: Institute of Rural Management	15.17
K J Somaiya Institute of Management, Mumbai	16.29
SCMHRD Pune: Symbiosis Centre For Management And Human Resource Development	17.43
BIMTECH Greater Noida: Birla Institute of Management Technology	12.00
IFMR GSB at KREA University, Sri City	13.86
Symbiosis Institute of Business Management - SIBM Bangalore	16.00
IPE Hyderabad: Institute of Public Enterprise	8.15
Jagan Institute of Management Studies, Rohini	7.95
Jaipuria Institute of Management, Lucknow	10.45
Jaipuria Institute of Management, Noida	10.45
New Delhi Institute of Management (NDIM) Delhi	8.25
Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD) Mysore	11.20
IMS Ghaziabad	7.95
Loyola Institute of Business Administration (LIBA) Chennai	15.26
Institute Of Management Technology (IMT) Nagpur	12.10
Chandragupt Institute of Management (CIMP) Patna	7.65
SOIL Institute of Management, Gurgaon	15.03
Bharathidasan Institute of Management (BIM), Tiruchirappalli	12.15
Jagannath International Management School (JIMS) Kalkaji	7.95
Xavier Institute of Social Service (XISS) Ranchi	8.90

Also Read - Is MAT A Good Option For MBA?

MBA Fee for IIMs

There are 20 IIMs in India. Did you know that MBA from IIM Ahmedabad is the most expensive and cheapest from new IIMs like IIM Sirmaur and IIM Bodhgaya? A complete list of IIMs with Fee Structures is given below.

Institute Name	Fees (Rs.in Lakhs)
IIM Ahmedabad: Indian Institute of Management	23
IIM Calcutta: Indian Institute of Management	22.50
IIM Bangalore: Indian Institute of Management	23.20
IIM Lucknow: Indian Institute of Management	19.25
IIM Kozhikode: Indian Institute of Management	19.00
IIM Indore: Indian Institute of Management	16.50
IIM Trichy: Indian Institute of Management Tiruchirappalli	16.50
IIM Shillong: Indian Institute of Management	15.00
Indian Institute of Management (IIM) Udaipur	17.59
IIM Kashipur: Indian Institute of Management	14.75
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	13.65
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	12.00

MBA Colleges with Low Fee

While MBA Programs at IIMs are expensive, many MBA Colleges in India have low fees. We have prepared a different list of colleges with different fee structures. So you can match your budget.

However, remember, you do your MBA only once. So, if you do not 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 is slightly expensive. You will recoup your extra investment in a few months. MBA colleges with low fees in India can be divided into the following two categories:

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

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

Also Read - Top IITs MBA Admission 2023 Cut Off ,Criteria , Fee And Placement

Institute Name	Fees (Rs in lakhs)
FMS New Delhi: Faculty of Management Studies	1.92
SIMSREE Mumbai: Sydenham Institute of Management Studies And Research And Entrepreneurship Education	1.36
MANAGE Hyderabad: National Institute of Agricultural Extension Management	4.05
PUMBA: Department of Management Sciences University of Pune	2.45
Patna University Patna	1.07
AmrutMody Ahmedabad: AmrutMody School of Management - AMSoM - University Ahmedabad	2.56

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 two-year full-time MBA program, 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