Best Colleges for MBA in India with Low Fees and Good Placements
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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 offers lucrative and high-paying career options. But an MBA is a costly affair. But, 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.
Check the article below to know best colleges for MBA in India with low fees in India.
- 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
- List of Best MBA Colleges with Low Fee in Mumbai
- List of Best MBA Colleges with Low Fee in Hyderabad
- List of Best MBA Colleges in Bangalore with Low Fee
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 2026 in India:
1. Faculty of Management Studies (FMS), Delhi University
The 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 2026?
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 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 studying 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.
6. Christ University, Bangalore
The Christ International (Deemed to be University) was established in 1969, which offers various post-graduation programmes. The university offers different MBA specialisations including Business Analytics, Marketing, etc. Students who appear for exams like CAT/MAT/XAT/CMAT/ATMA are eligible for admission. 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
The 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.
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Commonly asked questions
Ideally, one would say that 99 to100 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 to 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 to 350 score is equal to 100 percentile in CMAT About 281to 340 score is equal to 90 to 99.99 percentile in CMAT About 201 to 280 score is equal to 81 to 89 percentile in CMAT About 171 to 200 score is equal to 71to 80 percentile in CMAT About 140 to 171 score is equal to 61 to 70 percentile in CMAT About 116 to 140 score is equal to 51 to 60 percentile in CMAT.
GMAT Cut Off is the minimum GMAT score required to get into your desired business school. The GMAT Cut Off is decided by the universities themselves. A GMAT score of 700 or above will be accepted by a majority of business schools. Majorly, it is the top B-schools that require a score of more than 700. Students must understand that a GMAT score is only a part of their application and is not the only criteria. In order to get selected in top MBA colleges, student must focus on building a holistic profile which has a fine balance of academics, a good GMAT score, and extracurricular activities.
The CAT cut offs for IIM Bangalore hovers between 97-100 percentile. The qualifying CAT cut off required for being eligible for IIM Bangalore's Written Ability test (What) and Personal Interview PI is 85 percentile for General category students, whereas for SC candidates, it is 70 percentile. For ST candidates, it is 65 percentile and for PwD candidates it is 60 percentile. Given below are the sectional and overall qualifying CAT cut offs for IIM Bangalore.
- General category: 80 VARC 75 DILR 75 Quantitative Aptitude 85 (Overall)
- NC-OBC category: 75 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
- EWS category: 70 VARC 65 DILR 65 Quantitative Aptitude 75 (Overall)
- SC category: 65 VARC 60 DILR 60 Quantitative Aptitude 70 (Overall)
- ST category: 55 VARC 55 DILR 55 Quantitative Aptitude 65 (Overall)
- PwD category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall)
Having a good academic profile for IIM admission is very critical. The top 6 IIMs lay a lot of emphasis on Class 10 and Class 12 score for selection of candidates for WAT-PI round. The academic profile is evaluated again at the time of preparation of final merit list. It has been seen in the past that some candidates despite having 99+ percentile, were not selected for PI round due to low score in Class 12.
The academic profile is assessed for academic as well as gender diversity. Which means a candidate who studied Arts in Class 12 may be selected for PI with lower marks than a candidate who studied Science in Class 12.
Candidates aiming for IIMs must know that while the importance of academic profile is very important for top IIMs, it is moderately important for rest of the IIMs. For, other top MBA colleges, overall profile matters more than academic score. So, if you do not have superlative scores in Class 10 and 12, build a good profile with work experience and extra curricular activities to increase your chances of selection.
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 |
|---|---|---|
| MBA |
INR 4.6 L to INR 7.9 L |
|
| Post Graduate Diploma in Business Management |
INR 1.36 L |
|
| MBA Tourism and Hospitality Management |
INR 5.84 L- 7.6 L |
|
| MBA |
INR 4.8 L |
|
| MBA |
INR 7.1 L to INR 9.15 L |
|
| MBA |
INR 6.58 L to 9.21 L |
|
| MBA in Finance |
INR 9.05 L |
|
| Corporate MBA |
INR 5. 4 L - 11 L |
|
| MBA Healthcare and Hospital Management |
INR 90,000 to INR 6.3 L (Varies according to specializations) |
|
| MBA in Maritime Management |
INR 40 K - 1 L |
|
| 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 |
Commonly asked questions
ATMA is primarily an MBA entrance exam, but many colleges also provide admissions to courses such as MCA and MS through ATMA scores.
- Institute of Management Technology (IMT), Ghaziabad
- Alliance School of Business, Bangalore
- Institute of Public Enterprise (IPE), Hyderabad
- Vellore Institute of Technology (VIT), Vellore
- International Institute of Information Technology (IIIT), Bangalore
- Narayanguru College of Engineering, Kanyakumari
- Christ University, Bangalore
All top MBA colleges of Maharashtra are available in the range of 95-99 percentile. If you have scored in MAH MBA CET in the range of 97 to 99 percentile. Jamnalal Bajaj Institute of Management Studies-Mumbai, SIMSREE-Mumbai, Prin. L. N. Welingkar Institute of Management Development & Research-Mumbai, S. IES College of Management Studies-Mumbai, Xavier Institute of Management & Research-Mumbai, Department of Management Sciences (PUMBA)-University of Pune, MET's Institute of Management-Mumbai, Lala Lajpatrai Institute of Management-Mumbai, Thakur Institute of Management Studies and Research-Mumbai, Rizvi Institute of Management Studies and Research, Mumbai-Indira College of Engineering and Management-Pune, Shree C. E. Society's Indira Institute of Management-Pune, Vivekanand Education Society's Institute of Management Studies and Research-Mumbai, Alkesh Dinesh Modi Institute for Financial and Management Studies-Mumbai, S. C. E. S. Indira School Of Business Studies-Tathwade, St. Francis Institute of Management and Research-Mumbai, Indira Global Business SchoolPune and Agnel Charities Agnel Seva Sangha's for. C. Rodrigues Inst. Of Management. Studies-Navi Mumbai.
List of Best MBA Colleges with Low Fee in Mumbai
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Check the table below to know the list of best MBA colleges in Mumbai with low fee:
| Name of college | Fee (in INR) | Placement Highlights |
|---|---|---|
| Tata Institute of Social Sciences | INR 4 lakh | INR 28.20 LPA |
| SIMSREE - Sydenham Institute of Management Studies Research and Entrepreneurship Education | INR 51 K | INR 15.24 LPA |
| Shreemati Nathibai Damodar Thackersey Women’s University | INR 35K | INR 4 LPA |
| Xavier Institute of Management Studies | INR 5 lakh | INR 6 LPA |
List of Best MBA Colleges with Low Fee in Hyderabad
Check the table below to know the list of best MBA colleges in Hyderabad with low fee:
| Name of College | Fee (in INR) | Placement (Average CTC) |
|---|---|---|
| University of Hyderabad | INR 1.7 lakh to INR 4.7 lakh | INR 6.25 LPA |
| Osmania University | INR 32.5K to INR 3.1 lakh | INR 10 LPA |
| MANAGE Hyderabad | INR 8.5 Lakh | INR 12.33 LPA |
| Siva Sivani Institute of Management | INR 8.4 lakh | INR 7.25 LPA |
List of Best MBA Colleges in Bangalore with Low Fee
Check the table below to get a list of top MBA colleges with low fee in Bangalore along with average package:
| Name of College | Fee (in INR) | Placement (Average CTC) |
|---|---|---|
| Bangalore University | INR 56.96 K | INR 3.5 LPA |
| INR 65.2 K | INR 11.5 LPA | |
| Christ University | INR 11.6 lakh | INR 7 LPA |
| Government Ramnarayan Chellaram College of Commerce and Management, Bangalore | INR 56.94 K | NA |
| Department of Management Studies, Indian Institute of Science, Bangalore | INR 18 K | INR 27 LPA |
| Dayanand Sagar College of Engineering | INR 9 lakh | NA |
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Saumya Jain is an English Literature graduate from the University of Delhi. She has over 8 years of editorial and content writing experience. At Shiksha.com, she has spent more than six years creating research, stud
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