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. 

MBA FEES IN INDIA

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. 

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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

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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. 

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