MBA Fees in India: Check Fees of Top MBA Colleges in India

Yash Dhamija

Updated On: October 06, 2023 01:14 pm IST

The annual MBA fees in India ranges from INR 15,000 to INR 35,00,000. Go through the list of the MBA college fee in India range wise here.

MBA Fee in India

MBA Fees in India range from roughly INR 15,000 to INR 35 lakh. The tuition fees at government colleges are lower when compared to those at private MBA institutions. The cost of pursuing an MBA is influenced by several factors, including hostel amenities, infrastructure quality, curriculum offerings, and the overall reputation of the college. For e.g., an MBA course college that offers a 6 months internship cum training to students outside the country will have a higher fee.

When choosing an MBA college in India, students often prioritize the affordability of the fees. In this article, Collegedekho presents a list of top MBA colleges in India along with their fee details. We recommend candidates visit the official websites of these colleges to compare their infrastructure and admission requirements.

MBA fees in India

MBA Fees of IIMs

When discussing MBA colleges in India, the Indian Institutes of Management (IIMs) stand out as the premier MBA institutions in the country. India is home to over 20 IIM campuses scattered across the country, each with its own unique fee structure. Taking into account the fee structure of each IIM institution is crucial for candidates to make an informed decision while choosing which institution to go for an MBA. For instance, the PGP program at IIM Sirmaur has a fee of INR 11 lakh, whereas the MBA program at IIM Ahmedabad requires INR 23 lakh in fees.

In the table provided below are listed the IIM fees for MBA 2023:

IIMs

Programme Fee Approx.

IIM Ahmedabad(IIM A)

INR 23,00,000

IIM Bangalore(IIM B)

INR 23,00,000

IIM Calcutta(IIM C)

INR 27,00,000

IIM Lucknow(IIM L)

INR 19,25,000

IIM Indore(IIM I)

INR 17,00,000

IIM Kozhikode(IIM K)

INR 17,50,000

IIM Shillong(RGIIM)

INR 13,00,000

IIM Raipur

INR 14,20,400

IIM Ranchi

INR 15,30,000

IIM Rohtak (IIM R)

INR 15,20,000

IIM Kashipur

INR 14,75,000

IIM Trichy

INR 11,80,000

IIM Udaipur (IIM U)

INR 17,05,400

IIM Amritsar

INR 12,00,000

IIM Bodh Gaya (IIM BG)

INR 11,00,000

IIM Nagpur (IIM N)

INR 13,75,000

IIM Sambalpur

INR 13,03,000

IIM Sirmaur(IIM S)

INR 11,75,000

IIM Visakhapatnam (IIM Vizag)

INR 10,70,000

IIM Jammu (IIM J)

INR 14,82,000

IIM Mumbai (Formerly NITIE)TBA

MBA Fees of Top B-Schools Other than IIMs

Apart from IIMs, there are many other B-schools that have been ranked among the top in India. Some of them are MDI Gurgaon, IIFT-Delhi, and XLRI-Jamshedpur. MBA fees of these colleges range from INR 11 lakh per annum to INR 30 lakh. The table provided below will help you know the MBA Fees of top B-Schools other than IIMs.

College

Program Offered

Fees

FMS, Delhi

MBA

INR 20,960

MDI, Gurgaon

PGPM

INR 21.34 lakh

IIFT, New Delhi

MBA International Business

INR 16.25 lakh

Symbiosis Institute Of Business Management, Pune

MBA

INR 11.32 lakh

IMI, Delhi

PGDM

INR 18.34 lakh

IMT, Ghaziabad

PGDM

 INR 17.55 lakh

BIMTECH, Greater Noida

PGDM

INR 12.00 lakh

IRMA, Anand

PGDRM

INR 12.08 lakh

TAPMI, Manipal

PGDM

INR 15.10 lakh

Symbiosis Institute of Business Management, Bangalore

MBA

INR 8.00 lakh

XLRI Jamshedpur, Xavier School of Management

PGDM

INR 22.00 lakh

SPJIMR, Mumbai

PGDM

INR 17.87 lakh

ISB, Hyderabad

PGPM

INR 35.98 lakh

Jamnalal Bajaj Institute of Management Studies, Mumbai

MMS

INR 6.00 lakh

NMIMS Mumbai, School of Business Management

MBA

INR 17.50 lakh

Prin. L. N. Welingkar Institute of Management Development & Research, Mumbai

PGDM

INR 11.00 lakh

K. J. Somaiya Institute of Management Studies And Research, Mumbai

PGDM International Business

INR 11.66 lakh

Xavier Institute of Management, XIMB, Bhubaneshwar

MBA Business Management

INR 18.30 lakh

Great Lakes Institute of Management, Chennai

PGPM

INR 17.15 lakh

Entrepreneurship Development Institute of India, Ahmedabad

PGDM Business Entrepreneurship

INR 13.22 lakh

Colleges with MBA Fees Less than Rs 10 lakh

Some of the colleges that have MBA fees less than INR 10 lakh per annum are provided in the table below.

College

Program Offered

Fees

IIT Delhi, Department of Management Studies

MBA Telecommunication Systems Management

INR 8.80 lakh

IIT Bombay, Shailesh J. Mehta School of Management

MBA

INR 8.32 lakh

BITS, Pilani

MBA

INR 7.64 Lakh

IIT Roorkee

MBA

INR 9.21 lakh

NITIE, Mumbai

PGD Industrial Safety and Environmental Management

INR 12.53 lakh

IIT Kharagpur, Vinod Gupta School of Management

MBA

INR 10.82 lakh

Symbiosis Centre for Management and Human Resource Development, Pune

MBA

INR 8.13 lakh

BML Munjal University, Gurgaon

MBA

INR 5.25 lakh

Amity University, Gwalior

MBA

INR 5.16 lakh

KIIT School of Management, Bhubaneswar

MBA

INR 9.2 lakh

Colleges With MBA Fees Less than Rs 5 lakh

Candidates looking for colleges that have MBA fees less than 5 lakh per annum can check the table provided below. 

College

Program Offered

Fees

Acharya Bangalore B-School, Bangalore

MBA

INR 4 lakh

Chandigarh University, Chandigarh

MBA

INR 3.56 lakh

International Business School Washington, Bangalore

MBA

INR 4.75 lakh

Amity Business School, Noida

MBA

INR 3.5 lakh

Tata Institute of Management Studies (TISS), Mumbai

PGD

INR 4 lakh

Christ University, Bangalore

MBA

INR 4.2 lakh

Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai

MMS

INR 3.01 lakh

Colleges With MBA Fees Less than Rs 1 lakh

Most of the MBA colleges that have fees less than INR 1 lakh per annum are the central or state level universities. The table provided below contains some of the top B-Schools of India which have fee less than Rs. 1 lakh.

College

Program Offered

Fees

Jamia Millia Islamia

MBA

INR 33,170

Bhai Gurdas Group Of Institutions, Sangrur

MBA

INR 72,000

Chandigarh Group Of Colleges, Landran, Mohali

MBA

INR 92,000

Delhi School of Economics

MBA

INR 52,000

Guru Gobind Singh Indraprastha University

MBA

INR 60,000

Candidates can check the fee structure of all the MBA colleges in India from their information brochure as well as the official website. Apart from this, candidates can also call on our toll-free number. Our experts will help them know the admission process and fee structure of the selected college. Those who are looking for admission to any MBA college of India can fill our Common Application Form.

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FAQs

Who releases the UPSEE MBA cutoff?

UPSEE MBA cutoff is released by all the participating colleges of UPSEE MBA separately.

What is the average fees for MBA in India?

The average fee for MBA in India is INR 10 lakh per annum. The fee for MBA in India will vary from college to college.

What is the minimum fees for MBA in India?

The minimum fees for MBA in India is INR 15,000.

What is the estimated fee for studying MBA in India?

It totally depends on the college which the student is targeting for admission. The average fee of IIMs is INR 14 lakh while the average fee for other private MBA colleges in India is INR 9 lakh.

What is the average fees for MBA in IIM Colleges in India?

The average fees for MBA in IIM Colleges in India is INR 14 lakh.

What is the average fees for MBA in Top B schools in India?

The average fees for MBA in Top B schools in India is INR 9 lakh.

Who has the cheapest MBA program?

FMS Delhi offers the cheapest MBA program. The total fee of the college is INR 21,000.

Can I study MBA for free?

Yes, you can study MBA for free with the help of scholarships. There are many colleges that offer MBA scholarships in India such as MDI Gurgaon, IRMA Anand, ISB Hyderabad and Amity Noida. You will have to satisfy the eligibility criteria decided by the college to apply for scholarships.

Why are MBA fees so high?

MBA is a professional postgraduate course that is high in demand. MBA colleges not only have to arrange high-quality curriculum but also top-notch faculty, industry-visits, practical exposure, placement and networking services etc all of which contribute towards increasing the fee for MBA courses.

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