MBA Colleges with Low Fees in India: MBA is one of the most sought after career options today in India and also one of the most expensive ones as well. An average two-year full-time MBA or PGDM course at a premier B-school might cost you anywhere between 15 to 18 lakhs. Investing such a huge sum in one’s education without the assurance of a successful and lucrative placement can often lead to the dreaded ‘debt trap’. But, it is not that all top B-schools in India offer highly expensive MBA programmes. There are many other MBA colleges and institutes that offer quality management education courses that will not burn a hole in your pocket. Such programmes are also great when you consider the critical factor of ROI or Return on Investment.
Top MBA colleges in India with low fee structure offers high RoI MBA programmes. These top B-schools in India offering affordable MBA are spread across the country and charge a fee ranging from Rs.25000 to Rs.15 Lakhs for the complete MBA programme as against many of the expensive MBA colleges. MBA in India is, probably the only Post Graduate Programme with short duration and high return. However, the biggest hurdle in doing an MBA from a top MBA college is its high fee, apart from preparing well and scoring high in the entrance exams. So, your dream of doing MBA from one of the top-ranked MBA colleges depends upon the two basic ingredients, the MBA programme fee and the career prospects with current placement trends.
Top MBA Colleges in India with Low Fees
Some of the top B-schools in India offering affordable MBA are either affiliated to or are the management departments of the Delhi University, Mumbai University, Delhi Technical University, and Bangalore University among others. A few of the 20 IIMs are among the 50 top B-schools in India offering affordable MBA. Among the top MBA colleges with low fee, Faculty of Management Studies (FMS), Delhi University ranks first in terms of its fees and Return on Investment. Following are some of the top MBA Colleges with low fees in India:
|Institution||Programme Fee (in Rs.)||Entrance Exam Accepted|
|Faculty of Management Studies (FMS) Delhi||25,000||CAT conducted by IIMs|
|Delhi School of Economics, Delhi University||31,000||CAT conducted by IIMs|
|GGSIPU, Delhi||56,000||Own Entrance exam in April|
|PUMBA, Pune||1,30,000||MAH CET/CAT/CMAT|
|SIMSREE, Mumbai||2,36,000||MAH CET/CAT/CMAT/XAT|
|Ambedkar University, Delhi||2,85,000||AUD MBA Entrance Test|
|Delhi Technical University (Formerly Delhi College of Engg.)||3,56,000||CAT conducted by IIMs|
|Jamnalal Bajaj Institute of Management Studies (JBIMS)||6,00,000||MAH CET/CAT/CMAT/XAT|
|NITIE Mumbai||8,19,000||CAT conducted by IIMs|
|SJMSOM-IIT Bombay||8,52,000||CAT conducted by IIMs|
IIMs with Low Fees
Although MBA fee in IIMs is very high as compared to the other MBA colleges in India, there are many IIMs with low fee. While IIM Ahmedabad, Bangalore, Calcutta have a fee structure between 20 lakhs and 25 lakhs, some of the IIMs offer MBA at a fee between 10 lakhs and 15 lakhs. The IIMs offering low fee MBA are also among the top MBA colleges.
|IIMs with Low Fee||MBA Fee Structure (in Rs.)||Entrance Exam Accepted|
|IIM Amritsar||9,00,000||Common Admission Test (CAT) conducted by IIMs|
|IIM Bodhgaya||10,60,000||CAT conducted by IIMs|
|IIM Jammu||11,50,000||CAT conducted by IIMs|
|IIM Nagpur||12,50,000||CAT conducted by IIMs|
|IIM Raipur||13,00,000||CAT Conducted by IIMs|
|IIM Rohtak||13,00.000||CAT conducted by IIMs|
|IIM Tiruchirappalli||13,00,000||CAT Conducted by IIMs|
|IIM Udaipur||13,00,000||CAT Conducted by IIMs|
|IIM Sirmaur||10,34,000||CAT Conducted by IIMs|
|IIM Sambalpur||10,00,000||CAT Conducted by IIMs|
|IIM Visakhapatnam||13,00,000||CAT Conducted by IIMs|
Pursuing MBA programme in India involves a high-cost factor. Therefore candidates who are running tight on the budget need to pick an affordable B-school that provides them quality education along with a respectable placement that justifies the ROI as well. The aforementioned MBA Colleges and B-schools do exactly that and thereby are making dreams of several MBA aspirants come true.