MBA Colleges in India with Low Fees

MBA Colleges in India with Low Fees

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Saumya Jain
Assistant Manager- Content
Updated on Oct 13, 2023 15:48 IST

If MBA is your dream then it doesn't have to be expensive. We have listed below a few best MBA colleges in India with low fees. Read the article below to know more.

MBA is one of the most popular postgraduation programmes in India which offers lucrative career options. But, an MBA can be a costly affair. However, if MBA is your dream then it doesn’t necessarily have to be expensive. There are a lot of top institutes in India which offer MBA programmes at fees that suit your budget. MBA programmes offered by government colleges and universities are much cheaper than the ones offered by private institutions.

In this article, we have listed some of the best MBA colleges in India with low fees that will suit your budget. These colleges have fees under INR 7 Lakhs and offer the best infrastructure, excellent placement records and world-class faculty. Read the article below to know more about the low fees MBA colleges in India

Top MBA Colleges in India With Low Fees

  • Faculty of Management Studies (FMS), Delhi University
    Faculty of Management Studies is one of the top-ranking management institutes in India which offers MBA courses at the cheapest prices starting at INR 2 Lakhs only. It is one of the most prestigious institutes for MBA in the country which is affiliated with Delhi University. The selection procedure at the institute includes CAT scores and Personal Interviews. The average salary package in campus placement this year was INR 34.1 LPA. FMS is one of the top MBA colleges with low fees and good placements. Companies such as Deloitte, OLA, PwC, L'Oreal, Info Edge, Adobe, Google, Amazon, etc. offer placements to students of FMS.

Also Read: How to prepare for CAT 2023?

  • Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai
    JBIMS was founded in 1965 and is affiliated with the University of Mumbai. It is a public institute that offers full-time and part-time MBA programmes. It also offers a variety of other programmes too but MBA is one of the most popular courses of JBIMS. The current fee structure is INR 6 lakh to INR 7 lakh for two years of its MBA programme. The college accepts scores of CAT/MAH CET/MAT/ATMA. The institute ranks among the top 10 B-schools in India and has a large alumni base who are working as CEOs and along with this, JBIMS has a place in the cheapest MBA colleges in India. The average salary package is INR 27.63 LPA. Companies for placements in JBIMS include McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc.
  • Tata Institute of Management Studies (TISS), Mumbai
    TISS, Mumbai is another management institution that offers quality MBA education at an affordable fee. Admissions into TISS are offered on the basis of the TISSNET score, an exam conducted by the institute itself. The fee of an MBA course at TISS is INR 1.14 Lakh and the average salary from the placements was INR 27.22 LPA in 2023. TISS is another MBA college with low fees and good placements. Companies such as Accenture, Deloitte India, Infosys Consulting, Darwinbox, TCS, Wipro, etc. offer placements to the MBA graduates of TISS.
  • Department of Management Sciences, Pune
    Pune University Department of Management Sciences (PUMBA) is affiliated with Pune University and has course fees of INR 1.3 Lakh to INR 1.5 Lakh. The college accepts scores of exams like CAT/XAT/MAT/CET/ATMA/MAH CET for admission to various MBA courses and offers placements with an average salary of INR 8.10 LPA.
    Axis Bank, E-serve, Bee Management, ONGC, Thermax, SBI Life, etc. are a few companies which offer placements to the students studying in this college.
  • Department of Financial Studies, Delhi University
    This institute provides admissions on the basis of the CAT exam score which IIMs conduct. The total cost of pursuing an MBA at this institution is INR 26,000 for two years. Department of Financial Studies is known for providing the best ROI. The average salary package offered here is INR 15.5 LPA and the highest package is INR 17.5 LPA in the year 2023.
    Companies such as DE Shaw, HDFC Bank, JLL, Barclays, Arcesium, Axis Bank, HDFC, SBI, Ministry of Finance etc. are some of the top recruiters for MBA graduates.
  • Christ University, Bangalore
    Christ International (Deemed to be University) was established in 1969, which offers various post-graduation programmes. The university offers various MBA specialisations including Business Analytics, Marketing, etc. Students who undertake exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission into this prestigious and premium university. The fee here is INR 4.8 Lakh - INR 8.6 Lakh. The highest salary offered after a placement here is approximately INR 21.46 LPA.
    AB InBev, ZS Associates, DE Shaw & Co., Bain Capability Network, Exxon Mobil, Accenture, Aditya Birla Group, Infosys, Hyundai, IBM, ICICI, KPMG, Deloitte, and Dabur are a few top companies that visit the campus for placements and offer handsome salaries to the graduates.
  • Delhi Technical University (DTU), Delhi
    DTU offers two years full-time MBA programmes and is one of the best MBA colleges in India with low fees, admissions to which are decided on the CAT exam score. It is 75-year-old university and has some of the best MBA faculties in India. This is also one of the institutes which offer an MBA at a low fee of INR 2.9 Lakh. The average salary offered here is INR 9.02 LPA. Companies such as Google, Uber, Amazon, Facebook, Bloomberg, etc. offer placements to the DTU passouts.

Also Read:

Aspirants who wish to pursue an MBA must first make a list of colleges that they wish to get into. They must make a decision based on their choice of specification and their budget and not be carried away with the flow. Below is a list of some other colleges along with the courses offered, that have a low fee structure.


Course Name


International School of Management and Research- ISMR


INR 3.2 L



Post Graduate Diploma in Business Management

INR 51,000

CU - Chandigarh University

MBA Tourism and Hospitality Management

INR 4 L- 6.6 L

Indira Institute of Management - IIMP


INR 30 K - 7 L

ASM’s Institute of Business Management and Research-IBMR


INR 3.2 L - 7 L


Amity University

MBA in Agriculture and Food Business

INR 4.2 L - 25.9 L


Ambedkar University


INR 2.1 L -2.5 L

AIMS Institute of Management Studies


INR 4 L - 5.9 L


DBS - Doon Business School

MBA International Business

INR 5.6 L - 9 L


Gems B School, Bangalore

Corporate MBA

INR 5. 4 L - 11 L


Galgotias University - GU

MBA Healthcare and Hospital Management

INR 90 K - 4.85 L

BK School of Business Management

MBA in Maritime Management

INR 40 K - 1 L

Maharishi Dayanand University (MDU)

Master of Hotel Management and Catering Technology

INR 1.1 K - 5 L

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

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Check cut offs of top MBA entrance exams and predict calls from IIMs and other Top MBA Colleges. Check Fees, Placement Reviews, Admission, Shortlist Criteria and eligibility of all MBA Colleges by clicking the link below:

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Important FAQs Related to MBA Colleges in India

Q. Which exam is accepted by Tata Institute of Management Studies and what is the admission fee?

A. TISSNET is accepted by the Tata Institute of Management Studies and the admission fee at TISS is INR 1.02 lakhs.

Q. I appeared for the ATMA exam 2022 (July session). Can I get admission in Christ International University?

A. Yes, ATMA scores are accepted by Christ University.

Q. How much do I need to score in CAT exam to be able to get admission to FMS, Delhi?

A. Candidates seeking admission in FMS must score at least 98% in aggregate in the CAT exam.

Q. Does FMS, Delhi provide scholarships?

A. Yes, FMS provides the following scholarships: OPJEMS scholarship, NTPC scholarship and Aditya Birla scholarship.

Q. How many exams are accepted by Jamnalal Bajaj Institute of Management Studies?

A. JBIMS, Mumbai accepts scores of CAT, XAT, GMAT, ATMA, CMAT and MAH CET. 

Q. I have scored 95 percentile in CMAT exam. Can I get admission to the Department of Management Studies, Pune University?

A. Generally the CMAT cutoff of Pune University is between 95-99 percentile. Candidates with 95 percentile in the CMAT exam have good chances of getting admission in this college.

Q. Is the accommodation fee included in the admission fee in TISS?

A. The admission fee for Day Scholars and Hostelers is different at TISS. If the candidate is opting for accommodation then the admission fee will have an accommodation fee. 

Q. Does the Department of Financial Studies, University of Delhi accept entrance exam scores other than CAT?

A. No, only CAT scores are accepted by the Department of Financial Studies, University of Delhi.

Q. What is the CAT cutoff for Amity University?

A. Amity University provides admissions to students who have scored 70-80 percentile in the CAT exam.

Q. How many seats are there for the MBA programme in DTU?

A. There are a total of 91 seats in the MBA programme at DTU.

Q. Is the MBA programme provided at DTU full time or part-time?

A. Delhi Technical University offers two-year full-time MBA programme.
About the Author
Saumya Jain
Assistant Manager- Content

With over 5 years of editorial experience, Saumya has been a writer at Shiksha for over three years. With a graduation degree in English literature from Delhi University, she loves to write and read non-fictional no... Read Full Bio





a year ago

I passed graduation with 43% can i eligible for MBA

Reply to Bishambra



a year ago

Can i eligible for Mba with 43%


Saumya JainAssistant Manager- Content

a year ago

The top B-schools require at least 50% aggregate in graduation however it may vary from one institute to another. Kindly look at the eligibility criteria before appearing for an entrance exam/institute.



a year ago

Is it worth for doing mba from iibm , delhi

Reply to Srishti


manasi attarde

2 years ago

If a student needs to do a job while doing MBA, can he do it while doing MBA?

Reply to manasi attarde


Saumya JainAssistant Manager- Content

a year ago

Yes, student can opt for distance MBA, part-time MBA, or online MBA programmes.


manasi attarde

2 years ago

Does all ba colleges in india provide scholarship

Reply to manasi attarde

???????????? ?? ?????? fee ?? ???? MBA Colleges ???????

Reply to Balakrishna Reddy

Upcoming MBA Exam Dates

Feb '24: SRCC GBO 2024: Answer Key Release
23 Dec '23 - 29 Feb '24: MAT 2024 Registration IBT 2
25 Jan '24 - 29 Feb '24: UPESMET 2024 Registrations Phase 2
5 Feb '24 - 29 Feb '24: SRMHCAT 2024 Round 1 Offline counselling and fee submission
Mar '24: OJEE 2024 Last Date of Registration

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