MBA Fees in India: Check course fees of top MBA colleges

MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program. Take a look at MBA college fees in India range-wise also know the reason why MBA cousre fees vary from one institute to another.

MBA fees in India for the full-time programme ranges from INR 20,000 to INR 40 lakh. While the MBA course fees of universities and government colleges are low, the fees of private institutes are high. Since, MBA is an expensive degree, the minimum course fee of a full-time MBA degree is over INR 1 lakh. However, the MBA fee in India for part-time and distance education mode are within INR 1 lakh, infact, as low as INR 20,000. 

MBA college fee in India depends on several factors like infrastructure, hostel facility, extra-curricular activities and pedagogy. For example, if an MBA institute offers international immersion programme wherein the candidates have to visit a foreign university for a semester or a certain duration, the course fee of that institute will be high. On the other hand, if the MBA institute is funded by the government, the fees will be low.

Yes, one of the major reasons behind low MBA fees of government colleges and universities is financial aid given by the state or the central government to run their academic programmes.

MBA aspirants who plan to pursue an MBA course in the upcoming academic session, must start searching for the most suitable MBA college for themselves now. In this search, MBA fees will be a major determining factor.

While talking about MBA colleges in India, it is impossible to not talk about the Indian Institute of Management (IIM), the premier MBA institutes of India. There are 20 IIM campuses in India and MBA fees at IIMs range from INR 14 lakh to INR 27 lakh. While the fees of PGP programme at IIM Udaipur is INR 14 lakh; the fees of MBA programme at IIM Calcutta is INR 27 lakh.

Also Read:

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Institute wise IIM fees for MBA

In this article, we have listed down a number of popular MBA colleges in India and their fees. We have clubbed the MBA colleges and their fees in the following range:

• Fees of top MBA colleges in India other than IIMs
• MBA fees under INR 10 lakh
• MBA fees under INR 5 lakh
• MBA fees under INR 1 lakh

Also Read: Top PGDM Colleges in India: NIRF Ranks, Placements, Fees, Courses

Top 10 MBA Colleges in India: Fees

Check below the list of top 10 MBA colleges in India with fee structure. The B-Schools are listed top 10 as per the MHDR-NIRF ranking 2024. You will notice that the MBA course fees of the IIMs and XLRI are way higher than that of MBA course fees of the IITs. This is because, IITs are government aided institutes while IIMs and XLR are not. 

MBA College	NIRF Ranking 2024	MBA course fees
IIM Ahmedabad	1	INR 25.00 lakh
IIM Bangalore	2	INR 24.50 lakh
IIM Kozhikode	3	INR 20.50 lakh
IIT Delhi - DMS	4	INR 12.00 lakh
IIM Calcutta	5	INR 27.00 Lakh
IIM Mumbai	6	INR 14.00 lakh
IIM Lucknow	7	INR 20.70 lakh
IIM Indore	8	INR 21.17 lakh
XLRI Jamshedpur-Xavier School of Management	9	INR 28.00 lakh
IIT Bombay SJMSOM	10	INR 8.15 lakh

MBA fees of top B-Schools other than IIMs

Some of the top B-Schools apart from the IIMs are FMS Delhi, XLRI-Jamshedpur, MDI-Gurgaon, SPJIMR-Mumbai and IIFT-Delhi. These institutes offer the best of infrastructure, faculty, pedagogy, international exposure and placements. MBA fees of these B-schools range from INR 11 to INR 30 lakh. The only exception here is FMS-Delhi whose fee is INR 1.92 lakh. Take a look MBA fees of some of the top B-schools in India other than IIMs.

B-School	Course Name	**Fees
FMS-Delhi	MBA	INR 1.92 lakh
MDI-Gurgaon	PGPM	INR 24 to 28 lakh
SPJIMR-Mumbai	PGDM	INR 23.50 lakh
IIFT-New Delhi	MBA International Business	INR 21.77 lakh
ISB-Hyderabad	PGPM	INR 38 to 41 lakh
Symbiosis Institute Of Business Management-Pune	MBA	INR 24.59 lakh
Jamnalal Bajaj Institute of Management Studies-Mumbai	MMS	INR 6.00 lakh
IMI-Delhi	PGDM	INR 18.20 lakh
NMIMS Mumbai-School of Business Management	MBA	INR 11.90 to 24.00 lakh
IMT-Ghaziabad	PGDM	INR 19.50 lakh
Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai	PGDM	INR 94,000 to 14.00 lakh
BIMTECH-Greater Noida	PGDM	INR 14.00 lakh
K. J. Somaiya Institute of Management Studies And Research-Mumbai	PGDM  International Business	INR 19.94 lakh
IRMA-Anand	PGDRM	INR 12.60 lakh
Xavier Institute of Management, XIMB-Bubaneshwar	MBA	INR 21.50 lakh
TAPMI-Manipal	PGDM	INR 16.50 lakh
Great Lakes Institute of Management-Chennai	PGPM	INR 19.95 lakh
Symbiosis Institute of Business Management-Bangalore	MBA	INR 18.00 lakh
Entrepreneurship Development Institute of India - Ahmedabad	PGDM Business Entrepreneurship	INRs 12.56 lakh
IIT Madras - Department of Management Studies	MBA	INR 15.00 lakh

**Fees mentioned above may change in the upcoming academic year. However, the candidates can avail scholarships and financial assistance offered by these institutes in getting a study loan from banks.

MBA fees less than INR 10 lakh

Most of the MBA colleges in this fee-range are the departments of management studies of IITs. The MBA programmes offered by these institutes are not only economical as compared to private B-Schools but are also highly ranked in the annual ranking by MHRD-NIRF and offer excellent placement opportunities. Take a look at colleges with MBA fees less than INR 10 lakh:

*B-School	Course Name	**Fees
IIT Delhi - Department of Management Studies	MBA Telecommunication Systems Management	INR 8.080 lakh
IIT Bombay - Shailesh J. Mehta School of Management	MBA	INR 8.32 lakh
NITIE-Mumbai	PGD Industrial Safety and Environmental Management	INR 8.50 lakh
IIT Kharagpur-Vinod Gupta School of Management	MBA	INR 9.30 lakh
BITS-Pilani	MBA	INR 9.26 Lakh
IIT Roorkee	MBA	INR 6.23 lakh
IIT Delhi - Department of Management Studies	MBA	INR 8.80 lakh

Admission process of the abovementioned institutes is same as other MBA colleges, i.e. selection through entrance exams such as CAT, XAT, GMAT, Group Discussion and Personal Interview.

MBA fees less than INR 5 lakh

MBA colleges in this fee range include popular institutes like Symbiosis International University (Deemed), Prin. L N Welingkar, Christ University, Chandigarh University and Amity University. These universities offer a number of MBA programmes for fees which will not burn a whole in your pocket. Take a look at colleges with MBA fees less than INR 5 lakh:

*B-school	MBA/PGP Course Name	**Fees
Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai	PGP Media and Entertainment Management	INR 3.00 lakh
Christ University, Bangalore	MBA Leadership and Management	INR 3.80 lakh
International School of Management and Research-ISMR	MBA	INR 3.20 lakh
CU - Chandigarh University	MBA Tourism and Hospitality Management	INR 4.00 lakh
Indira Institute of Management - IIMP	MBA	INRs 4.00 lakh
ASM’s Institute of Business Management and Research-IBMR	MBA	INR 3.20 lakh
Pune Institute of Business Management	PGDM	INR 4.05 lakh
Amity University	MBA Agriculture and Food Business	INR 4.47 lakh
AIMS Institute of Management Studies	MBA	INR 3.69 lakh
MIT Pune-MIT World Peace University	MBA	INR 3.50 lakh
DBS-Doon Business School	MBA International Business	INR 4.52 lakh
Gems B School, Bangalore	Corporate MBA	INR 4.20 lakh
Galgotias University-GU	MBA Healthcare and Hospital Management	INR 4.47 lakh
IES Management College and Research Centre (IES MCRC)	MMS	INR 4.20 lakh
DTU-Delhi Technological University (DCE)	MBA Business Analytics	INR 3.56 lakh
SRCC-Shri Ram College of Commerce	PGDM Global Business Operations	INR 3.20 lakh

Students shortlisting their preferred MBA institutes must keep in mind colleges mentioned in the above table as they offer various upcoming specialisations in MBA for low fees.

MBA fees less than Rs 1 lakh

MBA colleges with fees less than INR 1 lakh are mostly department of management studies of central or state level universities. Even though their fees is low, these institutes are recognised by the University Grants Commission (UGC). Take a look at some of the popular MBA colleges with fees less than INR 1 lakh.

*B-school	Course Name	**Fees
Jamia Millia Islamia-JMI	MBA in International Business	INR 33,170
WE School-Prin. L. N. Welingkar Institute of Management Development and Research	PGP Foreign Trade Management	INR 94,400
BK School of Business Management	MBA in Maritime Management	INR 80,000
Amity University	PGD in Health and Wellness Management	INR 54,000
Department of Financial Studies, University of Delhi	MBA in Financial Management	INR 26,000
Institute of Management Studies, Banaras Hindu University	MBA in International Business	INR 98,888
Maharshi Dayanand University-MDU	Master of Hotel Management and Catering Technology	INR 84,468
Tata Institute of Social Sciences, Mumbai	PG Diploma in Community Media	INR 40,600
University Business School, Chandigarh-Panjab University	MBA HRM	INR 60,000
Vishwa Vishwani School of Business	MBA	INR 54,000
Garware Institute of Career Education and Development, University of Mumbai	PGD Retail Management	INR 65,420
YMCA-New Delhi	PGD Aviation & Tourism Management	INR 61,256
Utkal University	PGD Banking & Insurance Management	INR 40,600
Maharshi Dayanand University Center, Dwarka	MBA	INR 48,000
Indian Institute of Social Welfare and Business Management-IISWBM	PGD Supply Chain and Logistics Management	INR 70,000
Chaitanya Bharathi Institute of Technology	MBA	INR 86,000
Andhra University, Visakhapatnam	MHRM	INR 24,440
Babu Banarasi Das University	PGD Sports Management	INR 80,000
Gujarat University	PGD Export-Import & International Finance	INR 6,000
AMU - Aligarh Muslim University	PGD Public Relations	INR 3,500
Patna University	PGD HRD	INR 9,500
University College of Commerce and Business Management, Osmania University	MBA Technology Management Programme	INR 20,000
Gauhati University-GU	Master of Business Economics	INR 14,090
Department of Management Studies, Anna University	MBA	INR 56,550
GD Goenka University-GDGU	PGD Supply Chain Management	INR 90,000
Doon University	PGD Security Management	INR 40,000
CUSAT-Cochin University of Science and Technology	MBA	INR 42,000

Also Read: MBA colleges in India with low fees

Aspirants who plan to pursue an MBA course from institutes mentioned in the table above must check for their past placement data before taking a decision. This is so, because the ultimatr goal of pursuing an MBA degree to get a good start in career. So, even if the MBA course fees is low at a university, but placements are not good, you should look out for other options. However, if a fee of an institute is high, but the campus placements are great, try to take admission in that institute. Most of the MBA colleges provide scholarships and financial assistance for student loans from nationalised banks, etc. 

*These institutes are listed according to their popularity on Shiksha based on maximum visits by the readers.

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

Read More:

• IIM Placements - Highest Salary Package & Top Recruiting Companies
• MBA Placements: Placement Report of Top B-Schools in India
• Average salary package of non-IIM graduates in India: NIRF-MHRD Rankings
• Top Management Institutes in India: NIRF 2024
• International salary packages offered at top Indian B-schools