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

8 mins read3.7L Views 17 Comments

Call 8585951111Got Doubts?

Senior Manager - Content

Updated on Aug 28, 2026 01:18 IST

If MBA is your dream then it doesn't have to be expensive. In this article, we have listed some of the top B-schools which offer an MBA with a course fee 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.

If earning an MBA degree 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. Average fee of an MBA degree ranges betwrn INR 10 Lakh to 28 lakh in a private institutions. But high fee should not stop you from pursuing your dream. Since, MBA is also a very popular PG programme among career oriented youngsters, the programme is offered by more than 1300 colleges in India. The MBA colleges in India include private, government and government aided institutions. Which means, you can get an MBA college in your budget. Some of the top B-Schools are counted among the most affordable MBA colleges in India as they have low fee. Colleges such as the Faculty of Management Studies, JBIMS, etc offer MBA programmes at much lower fees than those offered by private institutions.

Check the article below to know best colleges for MBA in India with low fees in India.

Table of contents

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.

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.

Staying updated about the latest educational events is just a click away

Enter Mobile Number

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

Q: How is the CAT score used by different IIMs and business schools?

IMs and top business schools use CAT percentiles and sectional cutoffs to shortlist candidates for selection rounds. For final selection, they assign a 25 per cent to 65 per cent weightage to the CAT score, combining it with academics, work experience, and interviews.

Q: How good is a 645 GMAT cutoff score?

645 on the GMAT is 88th percentile. Usually, candidates get a score even less than a good GMAT score. With a 645 GMAT score they may qualify for most of the top business schools.

Q: What is XLRI MBA admission process through XAT?

XAT score is the only examination score accepted for domestic candidates for admission to full-time MBA programmes offered by XLRI Jamshedpur. Check below the stages of XLRI MBA admission through XAT.

1. Apply for XAT exam

2. Appear for XAT exam

3. Participate in AEW/PI round

3. Final selection list released

6. Accept admission offer

Q: What is the difference between qualifying CAT cut off and final CAT cut off?

Qualifying CAT cut off percentiles of an IIM is the minimum percentile (sectional as well as overall) required by candidates to be eligible for the Written Ability Test (What) and Personal Interview PI round. These are only eligibility score and not the score for selection. The final CAT cut off percentiles are the scores on the basis of which a candidate is actually selected for the What-PI round. The qualifying CAT cut offs are released publically before the CAT exam and result as a part of selection criteria for the MBA/PGP batch of that year. The qualifying cut offs for CAT are release category wise - General, NC/OBC. General-EWS, SC/ST, PwD. The qualifying cut offs percentiles of General category candidate is higher than then rest. The final CAT cut offs are not released publically. The cut offs are estimate on the basis of candidate's selection for What-PI. The final CAT cut offs for General category candidate is also higher than then rest.

List of Best MBA Colleges with Low Fee in Mumbai

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

Commonly asked questions

Q: How many mock tests to attempt to score 99 percentile in CMAT?

There is no particular number of CMAT mock test that you should target to solve during your preparation phase but on an average it has been seen that about 30-40 CMAT mock tests are good enough to score 99 percentile. Candidates must start solving CMAT mock tests after completing the syllabus as it will help them gauge which are the topics that they have understood well and which are the topics that require more work. 30-34 CMAT mock tests are recommended as, CMAT exam is all about speed and accuracy. The more questions you'll solve in an exam environment, the better you'll get at understanding, choosing and solving questions faster and correctly. Important point to note about practicing CMAT mock test is that one should analyse every mock test to understand the gaps and fissures and what to do to fill them. Another aspect to keep in mind is not to overdo it. When you start to score 98-99 percentile in CMAT mock tests consistently then you should stop and focus on revision, etc.

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
Dr Ambedkar Institute of Technology, Bangalore	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

Explore more MBA exams with upcoming dates

CAT

LIVE

CAT 2026...

3 Aug '26 - 15 Sep '26

Check live updates

MAT

MAT September 2026 CBT Admit C...

17 Sep '26

IBSAT

IBSAT 2026 Mock Test

26 Sep '26

NMAT

NMAT 2026 Registration Window

20 Aug '26 - 10 Oct '26

XAT

XAT 2027 Form Correction

14 Oct '26 - 17 Oct '26

MICAT

MICAT (I) Registrations

30 Sep '26 - 20 Nov '26

SNAP

SNAP 2026 Registration Process

21 Aug '26 - 25 Nov '26

CMAT

CMAT 2027 registration and app...

24 Oct '26 - 28 Nov '26

SRCC GBO

SRCC GBO Registration 2027

12 Dec '26

KIITEE Management

KIITEE MBA 2027 Registrations

10 Oct '26 - 11 Jan '27

Read More:

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:

Predict IIM & Non IIM Calls

Videos you may like

About the Author

Vipra Shrivastava

Senior Manager - Content

Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8

Read Full Bio