MBA Colleges in India with Low Fees

If MBA is your dream then it doesn't have to be expensive. We have listed below a few of the best MBA colleges in India with low fees. Read the article below to know more.

MBA colleges with low fees: MBA is one of the most popular postgraduation programmes in India which offers lucrative career options. But, an MBA can be a costly affair. However, if MBA is your dream then it doesn’t necessarily have to be expensive. There are a lot of top institutes in India which offer MBA programmes at fees that suit your budget. MBA programmes offered by government colleges and universities are much cheaper than the ones offered by private institutions.

In this article, we have listed some of the best MBA colleges in India with low fees that will suit your budget. These colleges have fees under INR 7 Lakhs and offer the best infrastructure, excellent placement records and world-class faculty. Read the article below to know more about the low fees MBA colleges in India. 

Top MBA Colleges in India With Low Fees

Here is the list of MBA colleges with low fees in India: 

Faculty of Management Studies (FMS), Delhi University

Faculty of Management Studies is one of the top-ranking management institutes in India which offers MBA courses at the cheapest prices starting at INR 2 Lakhs only. It is one of the most prestigious institutes for MBA in the country which is affiliated with Delhi University. The selection procedure at the institute includes CAT scores and Personal Interviews. The average salary package in campus placement this year was INR 34.1 LPA. FMS is one of the top MBA colleges with low fees and good placements. Companies such as Deloitte, OLA, PwC, L'Oreal, Info Edge, Adobe, Google, Amazon, etc. offer placements to students of FMS.

Also Read: How to prepare for CAT exam 2024?

Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai

JBIMS was founded in 1965 and is affiliated with the University of Mumbai. It is a public institute that offers full-time and part-time MMS programmes. JBIMS also offers a variety of other programmes but MBA is one of the most popular courses of JBIMS. The current fee structure is INR 6 lakh to INR 7 lakh for two years of its MBA programme. The college accepts scores of CAT/MAH CET/MAT/ATMA. The institute ranks among the top 10 B-schools in India and has a large alumni base who are working as CEOs and along with this, JBIMS has a place in the cheapest MBA colleges in India. The average salary package is INR 26.12 LPA. Companies for placements in JBIMS include McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc.

Tata Institute of Management Studies (TISS), Mumbai

TISS, Mumbai is another management institution that offers quality MBA education at an affordable fee. Admissions into TISS were earlier offered based on the TISSNET score, but now the admissions to TISS are now being done through Central University Entrance Test-PG or CUET PG. The fee of an MBA course at TISS is INR 45.4 K to INR 1.2 Lakh and the average salary from the placements was INR 27.22 LPA in 2023. TISS is another MBA college with low fees and good placements. Companies such as Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, Wipro, etc. offer placements to the MBA graduates of TISS.

Department of Management Sciences, Pune

Pune University Department of Management Sciences (PUMBA) is affiliated with Pune University and has course fees of INR 1.3 Lakh to INR 1.5 Lakh. The college accepts scores of exams like CAT/XAT/MAT/CET/ATMA/MAH CET for admission to various MBA courses and offers placements with an average salary of INR 8.10 LPA. Axis Bank, E-serve, Bee Management, ONGC, Thermax, SBI Life, etc. are a few companies which offer placements to the students studying in this college.

Department of Financial Studies, Delhi University

This institute provides admissions based on the CAT exam score which IIMs conduct. The total cost of pursuing an MBA at this institution is INR 26,000 for two years. Department of Financial Studies is known for providing the best ROI. The average salary package offered here is INR 15.5 LPA and the highest package is INR 17.5 LPA in the year 2023.
Companies such as DE Shaw, HDFC Bank, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, Ministry of Finance etc. are some of the top recruiters for MBA graduates.

Christ University, Bangalore

Christ International (Deemed to be University) was established in 1969, which offers various post-graduation programmes. The university offers various MBA specialisations including Business Analytics, Marketing, etc. Students who undertake exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission into this prestigious and premium university. The fee here is INR 4.8 Lakh - INR 8.6 Lakh. The highest salary offered after a placement here is approximately INR 21.46 LPA.
AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte, and Dabur are a few top companies that visit the campus for placements and offer handsome salaries to the graduates.

Delhi Technical University (DTU), Delhi

DTU offers two years full-time MBA programmes and is one of the best MBA colleges in India with low fees, admissions to which are decided on the CAT exam score. It is 75-year-old university and has some of the best MBA faculties in India. This is also one of the institutes which offer an MBA at a low fee of INR 2.9 Lakh. The average salary offered here is INR 9.02 LPA. Companies such as Google, Uber, Amazon, Facebook, Bloomberg, etc. offer placements to DTU graduates.

Also Read:

• Top PGDM Colleges in India: NIRF Ranks, Placements, Fees
• MBA specialisation guide

Aspirants who wish to pursue an MBA must first make a list of colleges that they wish to get into. They must make a decision based on their choice of specification and their budget and not be carried away with the flow. Below is a list of some other colleges along with the courses offered, that have a low fee structure.

 *The fees data mentioned against each institute is according to the latest figures available. They may change in the upcoming academic session.

Read More:

• MBA fees in India

• Top MBA colleges in India

• Top MBA entrance exams to take this year