MBA Colleges in India with Low Fees 2025: An MBA is one of the most popular postgraduate programs, offering excellent career growth and high-paying opportunities. However, the high cost of pursuing an MBA can be a major hurdle for many students. Fortunately, several MBA colleges in India provide quality education at an affordable fee structure. Many institutions, especially government colleges and central universities, offer MBA programs at a much lower cost than private B-schools. Compared to top private institutes like IIMs, NMIMS, MDI, and XLRI, these colleges ensure a good return on investment (ROI) with decent placement records. This article explores some of the best MBA colleges in India with low fees and promising placements.
Top MBA Colleges in India with Low Fees – Affordable Yet Prestigious
Pursuing an MBA in India doesn’t always have to be expensive. Many reputed B-schools offer quality education at a lower fee compared to private institutes. If you’re looking for affordable MBA options with excellent placement opportunities, this guide will help you find the best choices.
MBA Fee Structures in India – An Overview
MBA fees in India vary significantly based on institute type, ranking, and location. While IIMs and top private colleges charge higher fees, government and university-affiliated MBA colleges provide quality education at lower costs. Here’s a general classification:
- Government & Public Universities: ₹50,000 – ₹3 Lakhs
- Private Universities & B-Schools: ₹5 Lakhs – ₹25 Lakhs
- IIMs & Premier Institutes: ₹10 Lakhs – ₹30 Lakhs
- Online & Distance MBA Programs: ₹30,000 – ₹5 Lakhs
List of MBA Colleges with Low Fees and Good Placements
Below is a list of some of the best MBA colleges in India that offer an affordable fee structure with excellent placement records:
| Institute Name | MBA Fees (Approx.) |
|---|---|
| Faculty of Management Studies (FMS), Delhi | ₹2 Lakhs |
| Tata Institute of Social Sciences (TISS), Mumbai | ₹2.5 Lakhs |
| Delhi School of Economics (DSE), Delhi | ₹50,000 |
| Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | ₹6 Lakhs |
| Sydenham Institute of Management Studies (SIMSREE), Mumbai | ₹1.5 Lakhs |
| PUMBA (Pune University) | ₹1.5 Lakhs |
| University Business School (UBS), Chandigarh | ₹1 Lakh |
| IISWBM, Kolkata | ₹3 Lakhs |
Government MBA Colleges with Low Fees
Government MBA colleges provide high-quality education at low fees, making them the most preferred choice for students looking for affordability and high ROI.
| Government MBA Colleges | Government MBA Fees (Approx.) |
|---|---|
| FMS Delhi | ₹2 Lakhs |
| JBIMS Mumbai | ₹6 Lakhs |
| TISS Mumbai | ₹2.5 Lakhs |
| Delhi School of Economics | ₹50,000 |
| PUMBA Pune | ₹1.5 Lakhs |
| SIMSREE Mumbai | ₹1.5 Lakhs |
| UBS Chandigarh | ₹1 Lakh |
Private MBA Colleges with Low Fees
Private institutions also offer affordable low fees MBA programs with strong industry connections and placements.
| Private MBA Colleges | Private MBA Fees (Approx.) |
|---|---|
| IISWBM, Kolkata | ₹3 Lakhs |
| XIME, Bangalore | ₹6 Lakhs |
| BIMTECH, Noida | ₹9 Lakhs |
| ITM Business School, Navi Mumbai | ₹8 Lakhs |
| Amity Business School, Noida | ₹6-8 Lakhs |
Popular MBA Entrance Exams Accepting Low-Fee MBA Colleges
To get admission into low-fee MBA colleges, you need to appear for certain entrance exams.
| MBA Entrance Exam | Accepted By |
|---|---|
| CAT | IIMs, FMS, JBIMS, SIMSREE |
| XAT | XLRI, XIME, LIBA |
| MAT | PUMBA, Amity, BIMTECH |
| CMAT | SIMSREE, PUMBA, JBIMS |
| MAH-CET | JBIMS, SIMSREE, PUMBA |
Affordable Online MBA Courses with Low Fees
Online MBA programs are a great alternative for working professionals.
| MBA Programme | Offered by | MBA Course Fees (Approx.) |
|---|---|---|
| Online MBA | Amity University | ₹1.5 Lakhs |
| Distance MBA | IGNOU | ₹37,800 |
| Online PGDM | NMIMS Global | ₹1.2 Lakhs |
| Executive MBA | IIM Bangalore (MOOC) | ₹5 Lakhs |
IIMs with Low Fee MBA Programs
Some IIMs offer MBA/PGP programs at lower fees, making them accessible to more students.
| IIMs with Low Fee MBA | MBA Fee Structure (Approx.) |
|---|---|
| IIM Ranchi | ₹15 Lakhs |
| IIM Bodh Gaya | ₹14 Lakhs |
| IIM Jammu | ₹14 Lakhs |
| IIM Sirmaur | ₹14 Lakhs |
Best MBA Colleges in India with Low Fee – City-Wise
If you prefer to study in a specific city, here’s a location-based breakdown of low-cost MBA colleges.
MBA with Low Fee in Delhi NCR
| MBA with Low Fee in Delhi NCR | Programme Fee (Approx.) |
|---|---|
| FMS Delhi | ₹2 Lakhs |
| Delhi School of Economics | ₹50,000 |
| IMT Ghaziabad (PGDM) | ₹12 Lakhs |
MBA with Low Fee in Bangalore
| MBA with Low Fee in Bangalore | Programme Fee (Approx.) |
|---|---|
| XIME Bangalore | ₹6 Lakhs |
| Kristu Jayanti College | ₹3.5 Lakhs |
| Alliance University | ₹8 Lakhs |
MBA with Low Fee in Mumbai
| MBA with Low Fee in Mumbai | Programme Fee (Approx.) |
|---|---|
| JBIMS Mumbai | ₹6 Lakhs |
| SIMSREE Mumbai | ₹1.5 Lakhs |
| TISS Mumbai | ₹2.5 Lakhs |
Factors to Consider When Choosing an Affordable MBA College
When selecting a low-cost MBA program, look beyond just the fees and consider these factors:
✅ Accreditation & Ranking – Check if the college is approved by AICTE, UGC, or NBA.
✅ Placement Opportunities – Analyze past placement records, recruiter profiles, and salary trends.
✅ Course Curriculum – Ensure the MBA specialization aligns with your career goals.
✅ Alumni Network – A strong alumni base helps in networking and career growth.
✅ Location & Accessibility – Consider colleges in metro cities for better industry exposure.
✅ Scholarships & Financial Aid – Many universities offer scholarships based on merit or need.
Conclusion
Finding the right MBA college with low fees and good placements requires careful research. Whether it’s a government, private, online, or IIM MBA, you can make an informed choice based on ROI, location, and industry connections.
MBA Colleges in India with Low Fees – FAQs
Q. Which are the top MBA colleges in India with low fees?
A. Some of the top MBA colleges with affordable fees include FMS Delhi, JBIMS Mumbai, PUMBA Pune, TISS Mumbai, and DSE Delhi.
Q. What is the average fee for an MBA in government colleges?
A. Government MBA colleges in India typically charge between ₹25,000 to ₹3 lakh for the entire course, depending on the institute.
Q. Are there private MBA colleges with low fees?
A. Yes, some private institutions like SIMS Pune, Amity University, and Alliance University offer MBA programmes at relatively lower fees.
Q. Do low-fee MBA colleges offer good placements?
A. Yes, many affordable MBA colleges, such as FMS Delhi and JBIMS Mumbai, have excellent placement records with high salary packages.
Q. What are the eligibility criteria for MBA admission in low-fee colleges?
A. Most colleges require a bachelor’s degree with at least 50% marks and valid entrance exam scores like CAT, MAT, or CMAT.
Q. Which entrance exams should I take for low-fee MBA colleges?
A. You can appear for CAT, MAT, CMAT, XAT, and state-level exams like MAH-CET and TANCET, depending on the college’s admission process.
Q. Are there online MBA courses available at a low cost?
A. Yes, universities like IGNOU, Amity Online, and NMIMS Global offer affordable online MBA programmes with flexible learning options.
Q. Do IIMs offer MBA at low fees?
A. IIMs generally have higher fees, but IIM Bodh Gaya and IIM Amritsar offer relatively lower fees compared to older IIMs.
Q. How can I apply for an affordable MBA college in India?
A. You can apply through entrance exams like CAT, MAT, and CMAT, or directly through institute-specific admission portals based on eligibility.