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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Vipra
Vipra Shrivastava
Senior Manager - Content
Updated on Oct 5, 2026 10:13 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.

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Top MBA Colleges in India With Low Fees

If you are looking for an affordable MBA in India, the table below highlights some of the top MBA colleges in India with low fees. Also, check their admission exams and placement packages.

MBA College

MBA Fees (Approx.)

Admission Exam

Top Recruiters

Faculty of Management Studies (FMS), Delhi University

INR 2.32 lakh

CAT

Deloitte, PwC, L'Oreal, Adobe, Google, Amazon

Jamnalal Bajaj Institute of Management Studies (JBIMS)

INR 6.10 lakh

CAT, MAH CET, MAT, ATMA

McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, Amazon

Tata Institute of Social Sciences (TISS)

INR 1.40 lakh

CUET PG

Accenture, Deloitte India, Infosys Consulting, TCS, Wipro

Department of Management Sciences, Pune University (PUMBA)

INR 2.50 lakh

CAT, XAT, MAT, CET, ATMA, MAH CET

Axis Bank, ONGC, Thermax, SBI Life, E-serve

Department of Financial Studies, Delhi University

INR 97,000–99,000

CAT

DE Shaw, HDFC Bank, JLL, Barclays, Arcesium, Axis Bank, SBI

Christ University

INR 10.48–12.08 lakh

CAT, MAT, XAT, CMAT, ATMA

AB InBev, ZS Associates, Bain Capability Network, Accenture, Deloitte, KPMG

Delhi Technological University (DTU)

INR 4.83 lakh

CAT

Google, Uber, Amazon, Facebook, Bloomberg

Table of contents
  • MBA Colleges in India With Low Fees
  • 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
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MBA Colleges in India With Low Fees

If you are looking for an affordable MBA in India, many reputed institutes offer quality management education at comparatively low fees. The table below highlights a few MBA colleges with low fees, admission exams and placement packages.

MBA College

MBA Fees (Approx.)

Admission Exam

Top Recruiters

Faculty of Management Studies (FMS), Delhi University

INR 2.32 lakh

CAT

Deloitte, PwC, L'Oreal, Adobe, Google, Amazon

Jamnalal Bajaj Institute of Management Studies (JBIMS)

INR 6.10 lakh

CAT, MAH CET, MAT, ATMA

McKinsey & Company, JP Morgan Chase, Accenture, Axis Bank, Amazon

Tata Institute of Social Sciences (TISS)

INR 1.40 lakh

CUET PG

Accenture, Deloitte India, Infosys Consulting, TCS, Wipro

Department of Management Sciences, Pune University (PUMBA)

INR 2.50 lakh

CAT, XAT, MAT, CET, ATMA, MAH CET

Axis Bank, ONGC, Thermax, SBI Life, E-serve

Department of Financial Studies, Delhi University

INR 97,000–99,000

CAT

DE Shaw, HDFC Bank, JLL, Barclays, Arcesium, Axis Bank, SBI

Christ University

INR 10.48–12.08 lakh

CAT, MAT, XAT, CMAT, ATMA

AB InBev, ZS Associates, Bain Capability Network, Accenture, Deloitte, KPMG

Delhi Technological University (DTU)

INR 4.83 lakh

CAT

Google, Uber, Amazon, Facebook, Bloomberg

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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Other Popular MBA Colleges in India with Low Fees

Q&A Icon
Commonly asked questions
Q:   What are the top MAT participating colleges in India in North zone?
A: 

Top MAT participating colleges in north zone and are suitable for aspirants residing there include Accurate Institute of Advanced Management, Accurate Institute of Management & Technology, AIMA-Centre for Management Education, Ansal University Gurgaon,

Asia Pacific Institute of Management, Asian Business School, Bennett University, Bharatiya Vidya Bhavan's Usha&lakshmi Mittal Institute of Management, Birla Institute of Management Technology, BML Munjal University, Chitkara University, Christ Institute of Management, EMPI Business School, Fortune Institute of International Business, FOSTIIMA Business School, Galgotias University, GD Goenka University, GL Bajaj Institute of Management & Research, Guru Nanak Institute of Management, Gurukula Kangri Vishwavidyalaya, IBMR Business school, IILM Academy of Higher Learning, IILM College of Management Studies, IILM Graduate School of Management, IILM Institute for Higher Education, IILM University, Indirapuram Institute of Higher Studies, Indraprasth Institute of Management Gurgaon, Institute of Management Studies, Institute of Marketing & Management, Institute of Technology & Science, International Institute of Health Management Research, Jagan Institute of Management Studies, Jagannath International Management School, Jaipuria Institute of Management, Jaypee Business School, JK Business School, KR Mangalam University, Lovely Professional University, Master School of Management, New Delhi Institute of Management,   

OP Jindal Global University, Roorkee Institute of Technology, Sharda University, Soil School of Business Design, SRM University Sonipat, St. Thomas Management Institute, St. Thomas Management Institute, UPES Dehradun and Vivekananda Institute of Professional Studies-Technical Campus.

Q:   What is the CAT exam cutoff required to get admission to IIM Bangalore?
A: 

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)
Q:   Which are the top colleges for MAT score 60-70 percentile?
A: 
MAT score is valid for admission to a number of private MBA colleges in Tier 1, Tier 2 and Tier 3 cities. Candidates can appear for a MAT session as per the admission cycle of their preferred college. Some of the popular MBA colleges which accept MAT score in the range of 60-70 percentile are listed below. Adarsh Institute of Management and Information Technology Bangalore Fortune Institute of International Business, Delhi EMPI Business School, Delhi MIT School of Business Pune Apeejay School of Management (ASM), Delhi Institute of Engineering and Management, Kolkata IMS Ghaziabad Calcutta Business School, Kolkata SCMS Cochin School of Business Cochin IES Management College and Research Centre, Mumbai ITM Business School, Navi Mumbai International Institute of Management Studies, Pune Birla Global University, Bhubaneswar ITM Business School, Chennai International School of Business and Media Bangalore Accurate Institute of Management and Technology, Noida.
Q:   What is the difference between qualifying CAT cut off and final CAT cut off?
A: 
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.

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
Q&A Icon
Commonly asked questions
Q:   What is the CAT cut off for IIM Lucknow?
A: 
The CAT cut offs for IIM Lucknow is usually around 97-99 percentile. The two courses - PGP Agri-Business Management (ABM) and PGP Sustainable Management (some) are extremely popular among MBA aspirants who wish to make a career in these areas. The institute also offers PGP programme. The qualifying CAT cut off for IIM Lucknow's Written Ability test (What) and Personal Interview PI is 90 percentile for General category students, whereas for SC candidates, it is 70 percentile. For ST and PwD candidates, it is 60 percentile. Given below are the sectional and overall qualifying CAT cut offs for IIM Lucknow PGP course. General category: 85 VARC 85 DILR 85 Quantitative Aptitude 90 (Overall) NC-OBC category: 77 VARC 77 DILR 77 Quantitative Aptitude 82 (Overall) EWS category: 77 VARC 77 DILR 77 Quantitative Aptitude 82 (Overall) SC category: 55 VARC 55 DILR 55 Quantitative Aptitude 70 (Overall) ST category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall) PwD category: 50 VARC 50 DILR 50 Quantitative Aptitude 60 (Overall) Click here for detailed IIM Lucknow admission and selection criteria: https://www.shiksha.com/mba/articles/iim-lucknow-shortlist-admission-criteria-blogId-18509.
Q:   Which are the top colleges for MBA with CMAT score of 65-75 percentile?
A: 
Candidates with CMAT score of 65-75 percentile, must not feel bad about their comparatively low score. There are number of good MBA colleges in India which accept CMAT scores in this range for their postgraduate management courses. Some of the college that accept CMAT score of 65-75 percentile include, BIMTECH-Greater Noida, BIT-Mesra, DY Patil School of Management-Pune, DY Patil School of Management-Pune, Calcutta Business School, New Delhi Institute of Management (NDIM) New Delhi, Xavier Institute of Management and Entrepreneurship (XIME) Chennai, IES Management College And Research Centre, Mumbai, Jaipuria Institute of Management Noida, FIIB Delhi: Fortune Institute of International Business, Entrepreneurship Development Institute of India (EDII Ahmedabad), VESIM Mumbai, Durgadevi Saraf Institute of Management Studies, Delhi School of Business, EMPI Business School New Delhi, Jaypee Business School (JBS) Noida, International Institute of Management Studies (IIMS) Pune among others.

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

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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

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

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:

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About the Author
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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

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Comments

(17)

M

Mahesh Gupta

a year 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

K

Karan Sinsodhiya

12 months ago

ignou

S

Shreya Narwade

a year ago

I want college in Pune of low fees

Reply to Shreya Narwade

j

jayant patel

a year ago

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

Reply to jayant patel

A

AJAY

a year ago

Can I get a college for MBA under 1L fee

Reply to AJAY

Ranchi University jharkhand