Best Colleges for MBA in India with Low Fees and Good Placements

Best Colleges for MBA in India with Low Fees and Good Placements

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Saumya
Saumya Jain
Assistant Manager- Content
Updated on Sep 5, 2025 14:20 IST

If an MBA is your dream, then it doesn't have to be expensive. We have listed below a few of the best MBA colleges in India with low fees. Read the article below to know which are the top MBA colleges in India with low fees:

Best MBA colleges with low fees: MBA is one of the most popular and sought-after postgraduate programmes in India, which offers lucrative and high-paying career options. But an MBA can be a costly affair. However, if an MBA is your dream, then it doesn’t necessarily have to be expensive. There are a lot of affordable MBA colleges in India which offer MBA programmes at fees that suit your budget, such as the Faculty of Management Studies, JBIMS, etc. MBA programmes offered by government colleges and universities are much cheaper than those offered by private institutions.

In this article, we have listed some of the best colleges for MBA 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

Table of content
  • Top MBA Colleges in India With Low Fees
  • Other Popular MBA Colleges in India with Low Fees
  • List Of Best MBA Colleges with Low Fee in Delhi NCR

Top MBA Colleges in India With Low Fees

Admission to MBA colleges in India is based on entrance exams, so while shortlisting an MBA college with low fees, also check the qualifying score required and prepare for the relevant MBA entrance exam. Here is the list of affordable MBA colleges 2025 in India: 

1. 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 2.32 Lakh only. It is one of the most prestigious and affordable MBA colleges 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 exam 2025?

2. 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 MMS programmes. JBIMS also offers a variety of other programmes but MBA is one of the most popular courses of JBIMS. The current fee structure is INR 6.10 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 26.12 LPA. Companies for placements in JBIMS include McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, JP Morgan, Amazon, etc.

3. Tata Institute of Management Studies (TISS), Mumbai

TISS, Mumbai, is another management institution that offers quality MBA education at an affordable MBA fee. Admissions into TISS were earlier offered based on the TISSNET score, but now admissions to TISS are being done through the Central University Entrance Test-PG or CUET PG. The fee of an MBA course at TISS is INR 1.4 Lakh and the average salary from the placements was INR 28.2 LPA in 2024. 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.

4. Department of Management Sciences, Pune

Pune University Department of Management Sciences (PUMBA) is affiliated with Pune University and has course fees of INR 2.5 Lakh for two years. 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.

5. Department of Financial Studies, Delhi University

This institute provides admissions based on the CAT exam score which IIMs conduct. The total cost of pursuing an MBA at this institution is INR 97,000 to INR 99,000 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.

Q:   What is a good score in CMAT for admission to top MBA colleges?
A:

Ideally, one would say that 99-100 percentile is good for MBA Admission. However, it is not possible for all candidates to score so high. So, what shall be considered a good score in CMAT. A good CMAT score is basically a score that will get you a seat in your desired college. So, if you desire a Tier 1 college, a good score in CMAT will be 85 percentile and above. If you desire a Tier 2 college, a good score in CMAT will be 70-85 percentile and for a Tier 3 college, less than 70 percentile in CMAT will be good. Now, if you want to understand CMAT. Score in terms of percentile, so that while giving the exam you know how much raw score is needed to get the required percentile for the desired college, you need to know how much CMAT score is equal to percentile. About 340-350 score is equal to 100 percentile in CMAT About 281-340 score is equal to 90-99.99 percentile in CMAT About 201-280 score is equal to 81-89 percentile in CMAT About 171-200 score is equal to 71-80 percentile in CMAT About 140-171 score is equal to 61-70 percentile in CMAT About 116-140 score is equal to 51-60 percentile in CMAT.

Q:   What is the highest package of FMS Delhi for an MBA course?
A:

The the highest and average package offered during FMS Delhi MBA placements 2023 stood at INR 123 LPA and INR 34.1 LPA, respectively. Further, a total of 283 offers were made and 80 companies were invited during FMS Delhi MBA placements 2023. Apart from this, the the highest and average stipend offered during FMS Delhi MBA summer placements for the batch of 2022-24 stood at INR 4.02 lakh and INR 3.02 lakh, respectively. 

Q:   What is the highest package offered at Christ University placements?
A:

The highest package offered during Christ University placements 2025 stood at INR 87.50 LPA. Refer to the data tabulated below to know more:

Particulars

Placement Statistics (2025)

the highest package

INR 15.75  LPA (UG)

INR 87.50 LPA (PG)

 

6. 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 10.48 Lakh - INR 12.08 Lakh. The highest salary offered after a placement here is approximately INR 15 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.

7. 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 4.83 Lakh. The average salary offered here is INR 9.02 LPA. Companies such as Google, Uber, Amazon, Facebook, Bloomberg, etc. offer placements to DTU graduates.

Also Read:

Other Popular MBA Colleges in India with Low Fees

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.

B-school

Course Name

*Fees

International School of Management and Research- ISMR

MBA

INR 4.6 L to INR 7.9 L

SIMSREE, Mumbai

Post Graduate Diploma in Business Management

INR 1.36 L

CU - Chandigarh University

MBA Tourism and Hospitality Management

INR 5.84 L- 7.6 L

Indira Institute of Management - IIMP

MBA

INR 4.8 L

ASM’s Institute of Business Management and Research-IBMR

MBA

INR 7.1 L to INR 9.15 L

AIMS Institute of Management Studies

MBA

INR 6.58 L to 9.21 L

DBS - Doon Business School

MBA in Finance

INR 9.05 L

Gems B School, Bangalore

Corporate MBA

INR 5. 4 L - 11 L

Galgotias University - GU

MBA Healthcare and Hospital Management

INR 90,000 to INR 6.3 L (Varies according to specializations)

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 54,352 to INR 7.7 L

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

List Of Best MBA Colleges with Low Fee in Delhi NCR

Here is the list of the best affordable MBA colleges in Delhi NCR with low fees:

Name of the institute  Fee (in INR) Placement Highlights (Average CTC)
FMS, Delhi INR 2.32 Lakh INR 34.1 LPA
IGNOU INR 62,000 INR 3.5 LPA
Jamia Milia Islamia INR 1.2 Lakh INR 7 LPA to INR 8 LPA
Delhi School of Economics, Delhi University INR 62,000 INR 13 LPA to INR 15 LPA
Department of Financial Studies, Delhi University INR 52,000 INR 15 LPA to INR 16 LPA
Ambedkar University  INR 3.5 lakh INR 7.5 LPA
IMS Ghaziabad INR 2.3 lakh to INR 2.6 lakh INR 6 LPA to INR 7.5 LPA 

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Q:   Does Amity University have good placements?
A:

Amity University Noida 2025 placements report has been released. According to the same, over 110 companies visited the campus during the 2025 drive. The highest package was recorded at INR 35.9 LPA, and the average salary stood at INR 9.6 LPA. Further, the median salary offered by companies was INR 6 LPA. Amity placements 2024-25 recorded 3 companies offering international placements.

Q:   What is the highest package offered during the recent TISS Mumbai placements?
A:

The highest package offered to HRM and LR students during TISS Mumbai placements 2025 stood at INR 36.25 LPA. The same is tabulated below:

Particulars

Placement Statistics (2025)

the highest Package

INR 36.25 LPA

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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About the Author
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Saumya Jain
Assistant Manager- Content
Saumya brings over seven years of editorial experience, with more than five years of wielding pen (and keyboard) at Shiksha. A graduate in English Literature from Delhi University, she is a storyteller at heart. A t Read Full Bio
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Comments

(16)

M

Mahesh Gupta

a week ago

I am B.Tech + PGDBA, now want to pursue my MBA with best online college will low fees. Please suggest

Reply to Mahesh Gupta

S

Shreya Narwade

6 months ago

I want college in Pune of low fees

Reply to Shreya Narwade

j

jayant patel

10 months ago

I feel like ISBM University, Chhattisgarh should be mentioned in this list as well

Reply to jayant patel

A

AJAY

11 months ago

Can I get a college for MBA under 1L fee

Reply to AJAY

V

Vijay Vishwakarma

4 months ago

Ranchi University jharkhand

B

Bishambra

2 years ago

I passed graduation with 43% can i eligible for MBA

Reply to Bishambra

B

Bishambra

2 years ago

Can i eligible for Mba with 43%

14801983

2 years 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.