List of 10 Popular MBA Colleges with Fees Under 5 Lakh

Tiyasa KhanraUpdated On: December 20, 2022 05:50 pm IST

In order to assist you in making the best MBA admission decision, this article analyzes popular MBA colleges with fees under 5 lakhs that offer full-time MBA/PGDM programmes.

Table of Contents

List of 10 Popular MBA Colleges with Fees Under 5 …
MBA Specializations Offered in MBA Colleges with Fees Under 5 …
ROI of MBA Colleges with Fees Under 5 Lakhs
Top MBA Recruiters for Colleges with Fees Under 5 Lakhs

In response to the increased demand for graduates and postgraduates who can competently analyze, examine, and manage expanding enterprises, many respectable universities have introduced affordable yet top-quality MBA programmes. It is a wise choice to enrol in an MBA programme at a B-School in India that offers affordable courses with fees under 5 lakhs. Additionally, these colleges work in partnership with top MNCs to offer students outstanding industrial training programmes and opportunities for job placement in a variety of industries.

There are a few top-notch institutions in India with excellent faculty and facilities, offering MBA courses with affordable tuition. Major cities like Mumbai, Delhi, Gujarat, and Kolkata are home to the top MBA college in India. For a two-year full-time residential MBA programme, these MBA colleges charge fees in the range of Rs. 50,000 to Rs. 10 Lakhs, which is significantly less than other prominent MBA colleges like IIMs, XLRI, MDI, and SPJIMR, having a fee structure between Rs. 17 lakhs and Rs. 24 lakhs. Additionally, government colleges charge less than private MBA institutions.

Here, check out a list of the top 10 MBA colleges with fees under 5 lakhs, ROIs offered, and entrance exams accepted.

Also Read: Which Is Better: MBA After Graduation or After Work Experience

List of 10 Popular MBA Colleges with Fees Under 5 Lakhs

The table provided below contains the top MBA Colleges in India with fees under 5 lakhs:

Name of the College	Entrance Exams Accepted	Course Name	Course Fees
Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai	CAT/XAT/ATMA/GMAT/CMAT	PGP Media and Entertainment Management	INR 3,00,000
Delhi Technical University (DTU), Delhi	CAT	Master of Business Administration	INR 2,79,000
Institute of Management Studies, Banaras Hindu University	CAT	MBA in International Business	INR 98,888
Ambedkar University, Delhi	AUD MBA Entrance Test	MBA/PGDM	INR 3,00,000
Faculty of Management Studies (FMS), Delhi University	CAT	Master of Business Administration	INR 1,94,000
Tata Institute of Management Studies (TISS), Mumbai	TISSNET	MBA in Human Resource Management and Labor Relations	INR 2,38,000
Department of Financial Studies, Delhi University	CAT	MBA in Financial Management	INR 1,51,000
Christ University, Bangalore	CAT/ MAT/CMAT/ GMAT/ GRE/ ATMA & XAT	Master of Business Administration	INR 3,10,000
Birla Institute of Technology and Science (BITS), Pilani	CAT / XAT/ GMAT	MBA in Business Analytics	INR 5,08,000
MIT Pune-MIT World Peace University	CAT/XAT/NMAT/GMAT/CMAT/ATMA/MAH MBA CET/PERA/MAT	MBA	INR 3,50,000

Also Read:Top 10 MBA Colleges in Mumbai with Low Fees

MBA Specializations Offered in MBA Colleges with Fees Under 5 Lakhs

The MBA specializations offered by top colleges with low fees in India include the following:

Banking and Finance	Supply Chain Management
Sales and Marketing	Retail Management
Business Analytics	Agriculture and Food Business
International Business	Operations Management
Human Resource Management	Tourism Management

ROI of MBA Colleges with Fees Under 5 Lakhs

Return on Investment (ROI) is the term used to describe the profit a student makes from attending a certain institution or university. It is the difference between the financial investment required to enrol in a particular MBA programme and the average salary packages made available during placement drives. Below is a list of the best MBA schools with tuition under 5 lakhs and the ROIs offered by them.

Name of the Institute	Average Annual Fees (in INR)	Average Package Offered (in INR)	Highest Package Offered (in INR)
University of Mumbai	8,000 - 2,00,000	5,20,000 - 12,00,000	57,65,000
Faculty of Management Studies (FMS), Delhi University	1,94,000	26,40,000	58,00,000
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai	3,04,000	18,91,000	44,00,000
SIMSREE Mumbai	1,35,000	10,84,000	23,24,000
Christ University, Bangalore	2,40,000	6,00,000	21,46,000
The ICFAI University, Dehradun	1,28,000	7,50,000	12,40,000
PUMBA Pune - Department of Management Sciences Savitribai Phule Pune University	1,32,388	8,01,000	15,30,000
Vels Institute of Science, Technology & Advanced Studies, Chennai	1,75,000 to 2,10,000	6,60,000	8,00,000
Delhi Technical University (DTU), Delhi	2,79,000	6,40,000	18,00,000
KJ SIMSR Mumbai	3,30,000	10,67,000	26,50,000

ROI = (Average Placement Package/Average Annual Fees)*100%

Top MBA Recruiters for Colleges with Fees Under 5 Lakhs

The most eminent recruiters for MBA graduates from MBA colleges with fees under 5 lakhs have been mentioned in the table below:

Accenture	Asian Paints
Capgemini	Amazon
Aditya Birla Group	Tata Consultancy Services
Hindustan Unilever	ICICI Bank
Yes Bank	Kotak Mahindra Bank
Apple	E&Y
Microsoft	Deloitte
Samsung	HSBC

Candidates will achieve international recognition in the business community and be able to pursue lucrative and demanding employment prospects on a global scale if they graduate from a reputable Indian university. The inclusion of entrepreneurship education in the curriculum has grown in importance as a means of assisting students in transitioning from being job searchers to employment providers. Reputable institutions have significant networks of alumni who have been employed by prestigious companies all over the world.

FAQs

Is there any MBA college with fees under 5 lakhs?

Yes, there are several MBA colleges with fees under 5 lakhs. Though MBA is a costly course with a high tuition fee, some colleges do offer affordable tuition fee rates to students. The demand for MBA courses has led these universities to introduce affordable MBA programmes.

Are the MBA colleges with fees under 5 lakhs good?

Yes, the MBA colleges with fees under 5 lakhs are good. Students should not assume that as low fees are being charged, the quality of education will not be up to the mark. These MBA colleges offer quality training to students and have links with the industry that ensure students have good career prospects after graduation.

Which Indian cities have MBA colleges with fees under 5 lakhs?

Several Indian cities have MBA colleges with fees under 5 lakhs. The cities include Delhi, Mumbai, Kolkata, Bangalore and Gujarat. The institutes charge lower fees than the reputed IIMs. Among these MBA colleges, most of them are government institutes and therefore offer MBA programmes at reasonable rates.

What are the top MBA colleges with fees under 5 lakhs?

The top MBA colleges with fees under 5 lakhs are Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai, Delhi Technical University, Institute of Management Studies, Benaras Hindu University, Faculty of Management Studies, Delhi University and Tata Institute of Management Studies, Mumbai.

What are the entrance exams accepted at MBA colleges with fees under 5 lakhs?

The entrance exams that are accepted at MBA colleges with fees under 5 lakhs are CAT, MAT, XAT, SNAP, ATMA, GMAT, CMAT, AUD MBA entrance test, PERA and MAH MBA CET. These exams are important to get admission to prestigious MBA colleges and students must score a good percentile to get admission easily.

Are IIMs MBA colleges with fees under 5 lakhs?

No, IIMs are not included in MBA colleges with fees under 5 lakhs. IIMs charge fees between INR 10,00,000 to 23,00,000 depending on the location. IIM Kashipur charges the lowest fee of INR 7,31,500 while IIM Banglore charges the highest, that is, 23,00,000 for the entire 2 years course.

Is Christ University Banglore an MBA college with fees under 5 lakhs?

Yes, Christ University Bangalore is an MBA college with fees under 5 lakhs. The tuition fee to study in the university for students who reside in Karnataka is INR 4,20,000. The students outside Karnataka will have to pay INR 4,30,000. The foreign nationals will have to pay a fee between USD 7,500 and USD 8,000.

What is the average package offered at MBA colleges with fees under 5 lakhs?

The average package offered at MBA colleges with fees under 5 lakhs is between INR 6,00,000 and INR 10,00,000. Eligible students were offered packages of more than INR 25 lakhs. The salaries accelerate as soon as the students increase their skills and gain experience.

Who are the top recruiters at MBA colleges with fees under 5 lakhs?

The top recruiters at MBA colleges with fees under 5 lakhs are Accenture, Capgemini, Hindustan Lever, Aditya Birla Group, Microsoft, Samsung, HSBC and Kotak Mahindra Bank. The return on investment after studying at these colleges is high as the tuition fees are low and the remunerations are attractive. Students can get the costs incurred covered in a year.

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