Best Colleges for MBA in India with Low Fees and Good Placements
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 is 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 for students who are looking for quality education at an affordable cost. 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
- 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
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 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.
During the Chandigarh University placements 2024-2025, the participating recruiters placed 10,000 students of the batch 2025 of various courses like BTech, MBA and MCA, etc. The key highlights of Chandigarh University (CU) placements for the Class of 2025 are tabulated below:
Particulars | Placement Statistics (2025) |
|---|---|
Total students placed | 10,000 |
Companies visited | 1,300 |
Highest international package | INR 1.7 crore per annum |
Highest domestic package | INR 54.75 LPA |
Average monthly stipend | INR 20,000 to INR 1 Lakh |
Companies offering Above INR 20 LPA | 30+ |
| Companies offering INR 15 LPA | 50+ |
| Companies offering INR 10 to 15 LPA | 100+ |
| Companies offering INR 7 to 10 LPA | 300+ |
| Companies offering INR 5 to 6 LPA | 500+ |
6. Christ University, Bangalore
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 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 |
|---|---|---|
| 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 |
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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:
Leading Delhi University colleges such as SRCC and Lady Shri Ram College students received the highest package of INR 35 LPA and INR 48.9 LPA, respectively. DU Colleges like Jesus & Mary College and Gargi College got the highest package of INR 23.05 LPA. Earlier, during placements 2023, the highest package offered to Hindu College and Kirori Mal College students INR 36.5 LPA and INR 51 LPA.
According to DU NIRF report 2024, the key highlights of UG and PG placements over the past three years are below:
Particulars | UG 3-year Placement Statistics (2021) | UG 3-year Placement Statistics (2022) | UG 3-year Placement Statistics (2023) |
|---|---|---|---|
Median package | INR 4.5 LPA | INR 5 LPA | INR 5.5 LPA |
Total students | 331 | 344 | 266 |
Students placed | 207 | 183 | 190 |
Students opted for higher studies | 40 | 151 | 76 |
Particulars | UG 4-year Placement Statistics (2021) | UG 4-year Placement Statistics (2022) | UG 4-year Placement Statistics (2023) |
Median package | INR 7 LPA | INR 8 LPA | INR 8.5 LPA |
Total students | 40 | 40 | 47 |
Students placed | 21 | 28 | 20 |
Students opted for higher studies | 6 | 7 | 10 |
Particulars | PG 1-year Placement Statistics (2021) | PG 1-year Placement Statistics (2022) | PG 1-year Placement Statistics (2023) |
Median package | INR 5.4 LPA | INR 5.5 LPA | INR 5.5 LPA |
Total students | 98 | 106 | 101 |
Students placed | 42 | 37 | 38 |
Students opted for higher studies | 40 | 47 | 46 |
Particulars | PG 2-year Placement Statistics (2021) | PG 2-year Placement Statistics (2022) | PG 2-year Placement Statistics (2023) |
Median package | INR 14 LPA | INR 15.5 LPA | INR 16 LPA |
Total students | 7367 | 6986 | 6557 |
Students placed | 977 | 1271 | 1253 |
Students opted for higher studies | 587 | 750 | 590 |
Particulars | PG 3-year Placement Statistics (2021) | PG 3-year Placement Statistics (2022) | PG 3-year Placement Statistics (2023) |
Median package | INR 9 LPA | INR 13.6 LPA | INR 14 LPA |
Total students | 2069 | 1923 | 1934 |
Students placed | 41 | 67 | 77 |
Students opted for higher studies | 81 | 96 | 96 |
As per the latest report, the participating recruiters placed over 10000 students of the batch 2025. In 2024, the a total 9124 students were placed. Going back to 2023 placements, 7,500 students of the Chandigarh University (CU) were placed in reputed companies.
| 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 |
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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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(16)
M
3 months ago
j
a year ago
The highest package offered during Christ University placements 2025 stood at INR 32 LPA. Refer to the data tabulated below to know the school wise highesr salaries: