One of the most sought-after degrees in the world is a Master of Business Administration (MBA). India is home to famous internationally ranked MBA colleges that provide phenomenal management education. Though the MBA tuition fees at India’s leading B-schools are somewhat costlier, an MBA degree opens up a wide range of job prospects. There has been a rapid change in the business environment over the years, and MBA degrees are always in great demand in corporate companies to guarantee efficient functioning of the organisation, ensuring proper and efficient administrative operations. Several institutes, including IIMs, XLRI, and FMS, have been founded in India to accommodate the ever-increasing demand for the MBA. Please refer BYJU’S CAT College Predictor tool.
In this article
- Fee structure for Top 15 MBA Colleges in India
- Fee structure for Top 15 IIMs
- Fee structure for Top 25 Non-IIMs
- List of MBA Colleges with Fee Structure below 5 Lakhs
- Important Points to be Considered
Aside from government-run MBA programmes, plenty of other private MBA programmes have been established, including NITIE, SPJMER, and others. It should be mentioned that around 3.5 lakh MBA applicants apply to various colleges across the country each year. MBA is a highly professional course, and as a result, MBA course fees are a little higher. For the benefit of aspirants, the approximate fees structure for some of India’s top MBA colleges in India is listed in this article.
Fee Structure for Top 15 MBA Colleges in India
Without any doubt, it is the dream of every management aspirant to pursue their MBA in one of the top management institutions due to the quality of education offered and the assured placements with better remuneration. MNCs and corporate companies are always on the lookout for MBA experts with management degrees from a reputable top MBA college. The degree adds a lot of weight to your resume and improves your employment prospects. When you get enrolled in a top management school, you have access to the school’s alumni network, which can provide you with unique careers development possibilities and help you raise your profile. Reputable colleges have alumni connect programs and established global alumni networks, who have established their careers in leading corporate companies, and they help students advance their job prospects. The following table will give you an overview of the fee structure of the top 5 MBA colleges in India.
|
Name of the Institution |
City |
Courses Offered |
Fees for MBA |
|
IIM Ahmedabad |
Gujarat |
MBA, Executive MBA, Fellowship |
INR 23,00 L |
|
IIM Bangalore |
Karnataka |
MBA, PGDM, Executive MBA |
INR 23.00 L |
|
IIM Calcutta |
West Bengal |
MBA, PGDM, Executive MBA |
INR 27.00 L |
|
IIM Lucknow |
Uttar Pradesh |
MBA, PGDM, Graduate Diploma in Management |
INR 19.25 L |
|
IIM Indore |
Madhya Pradesh |
MBA, PGDM, PhD in Management |
INR 10.95 L |
|
IIM Kozhikode |
Kerala |
MBA, PGDM, PhD in Management |
INR 22.50 L |
|
FMS – University of Delhi |
New Delhi |
MBA, PGDM, PhD in Management |
INR 10,480 |
|
IBS Hyderabad |
Telangana |
PGDM, PGPM, Executive MBA |
INR 12.06 L |
|
MDI Gurgaon |
Haryana |
MBA, PGDM, Graduate Certificate in Management |
INR 12.53 L |
|
SJMSOM, IIT Bombay |
Maharashtra |
MBA, PGDM, PhD in Management |
INR 2.26 L |
|
JBIMS, University of Mumbai |
Maharashtra |
MMS, MMM, MBA |
INR 1.50-7.00 L |
|
XLRI Jamshedpur |
Jharkhand |
MBA, PGDM, PhD in Management |
INR 11.80 L |
|
SPJIMR Mumbai |
Maharashtra |
MBA, PGDM |
INR 22.10 |
|
IIFT Delhi |
New Delhi |
MBA, PGDM, Executive MBA |
INR 8.85 L |
|
NITIE Mumbai |
Mumbai Maharashtra |
MBA, PGDM, Fellowship |
INR 12.53 L |
Fee Structure for Top 15 IIMs
The IIMs offer the best management education in India, and IIM Ahmedabad has continually been ranked as the number one management school in India by various ranking organisations. On the proposal of the Planning Commission of India, Jawaharlal Nehru, India’s first prime minister, launched the establishment of IIMs. It is a notable fact that the IIMs are declared as institutes of national importance by the Institutes of Management Act 2017. The students who acquire management education in the IIMs are exposed to a number of beneficial features, one of which is the student exchange programmes and summer Internships. Not only do the IIMs offer MBA degree programmes, but they also offer PGPX, PGPEX, PGP-BL & IPMX executive education and part-time education for working professionals. There are a total of 20 IIMs functioning in the country. Most of the IIMs accept the CAT Exam, and the GMAT Exam is a prerequisite for international candidates who aspire to join the IIMs. The fees structure for the top 15 IIMs is given below:
|
Name of the IIM |
Fees |
|
IIM Ahmedabad |
INR 23,00,000 Lakhs |
|
IIM Bangalore |
INR INR 23,00,000 Lakhs |
|
IIM Calcutta |
INR 27,00,000 Lakhs |
|
IIM Kozhikode |
INR 22,50,000 Lakhs |
|
IIM Lucknow |
INR 19,25,000 Lakhs |
|
IIM Amritsar |
INR 13,20,000 Lakhs |
|
IIM Indore |
INR 10,95,000 Lakhs |
|
IIM Bodh Gaya |
INR 12,95,000 Lakhs |
|
IIM Tiruchirappalli |
INR 16,50,000 Lakhs |
|
IIM Kashipur |
INR 15,42,000 Lakhs |
|
IIM Nagpur |
INR 18,00,000 Lakhs |
|
IIM Raipur |
INR 14,20,400 Lakhs |
|
IIM Ranchi |
INR 15,30,000 Lakhs |
|
IIM Rohtak |
INR 15,20,000 Lakhs |
|
IIM Sambalpur |
INR 13,03,000 Lakhs |
Fee Structure for Top 25 Non-IIMs
Apart from the IIMs, several other private institutions and management departments of the IITs offer MBA programs with the same structure and without compromising any of the features. The following is the list of the top MBA colleges apart from the IIMs with the list of courses offered, entrance exams accepted and fee structure of the Non-IIM institutions.
|
Name of the Institution, City |
Courses Offered |
Entrance Exams Accepted |
Fees |
|
XLRI (Xavier School of Management), Jamshedpur |
PGDM (BM), ExPGDM PGDM (BM), Three Year XLRI – Rutgers Double Masters Programme, PGDM (HRM), Fellow Programme & Research FPM, Executive FPM |
XAT, GMAT |
INR 16.8 L |
|
Faculty of Management Studies – FMS |
MBA |
CAT |
INR 50,000 |
|
S.P Jain Institute of Management & Research – SPJIMR |
PGDM |
CAT, XAT, GMAT |
INR 17.5 L |
|
Jamnalal Bajaj Institute of Management Studies – JBIMS |
MMS |
MAH-CET, CAT, CMAT, MAT, ATMA |
INR 6.00 L |
|
IIFT Indian Institute of Foreign Trade |
MBA |
IIFT |
INR 7.6 L |
|
Symbiosis Institute of Management, Pune |
MBA |
SNAP |
INR 20.5 L |
|
Shailesh J. Mehta School of Management – SJMSOM IIT, Mumbai |
MBA |
CAT |
INR 8.75 L |
|
Narsee Monjee Institute of Management Studies – NMIMS |
MBA |
NMAT |
INR 18.00 L |
|
NITIE, Mumbai |
PGDEX-VLFM, PGDIE, PGDSM |
CAT |
INR 14.63 L |
|
MICA, Ahmedabad |
PGP/FPM/CCC |
MICAT, CAT, XAT, GMAT |
INR 21.00 L |
|
Tata Institute of Social Sciences – TISS, Mumbai |
MA |
TISS |
INR 2.43 L |
|
Indian School of Business – ISB Hyderabad |
PGPM |
GMAT |
INR 32.82 Lakhs |
|
Management of Development Studies – MDI |
PGPM/PGP-HR/PGP-IM |
CAT |
INR 19.8 Lakhs |
|
Institute of Rural Management Anand, Gujarat – IRMA |
PGDRM |
CAT/XAT |
INR 5.54 Lakhs |
|
Institute of Management Technology – IMT Ghaziabad |
PGDM |
CAT/XAT/GMAT |
Rs 19.00 Lakhs |
|
VGSoM – Vinod Gupta School of Management – IIT Kharagpur |
MBA |
CAT |
Rs 11.5 Lakhs |
|
Birla Institute of Technology & Science (BITS), Pilani |
MBA-BA |
BAAT/XAT/CAT/GMAT |
INR 2,18,500/- Per Semester |
|
DoMS – IIT Madras |
MBA |
CAT |
Rs 8 Lakhs |
|
DMS, IIT Delhi |
MBA |
CAT |
Rs 9.6 Lakhs |
|
Xavier Institute of Management – XIMB, Bhubaneswar |
MBA |
XAT, CAT, GMAT |
Rs 17.3 Lakhs |
|
TAPMI Manipal |
PGDM |
CAT, XAT, GMAT |
Rs 14.60 Lakhs |
|
FORE School of Management, Delhi |
PGDM, PGDM (IB), PGDM (FM), PGDM (BDA), Full-Time Fellow Program in Management (FPM) |
CAT/XAT/GMAT |
INR 16.98 L |
|
Goa Institute of Management |
PGDM, PGDM (HCM), PGDM (BDA), PGDM (BIFS), PGDM – PART TIME, MDP FPM |
XAT/CAT/ GMAT/CMAT |
INR18.07 L |
|
L. N. Welingkar Institute of Management Development & Research, Mumbai |
PGDM/ MMS/PGP |
CAT/CMAT/XAT/ATMA/GMAT |
INR 6.50 L |
|
PUMBA Mumbai |
MBA++ / MBA (BIOTECH)/EXECUTIVE MBA /PhD |
CMAT/CAT/MH-CET |
INR 65000 |
List of MBA Colleges with Fee Structure below 5 Lakhs
For the convenience of students, we have curated the list of MBA colleges whose fees are below 5 lakhs.
|
Name of the Institution |
Fees |
|
St. Kabir Institute of Professional Studies Ahmedabad |
INR 4,95,000 |
|
Sathyabama Institute of Science and Technology |
INR 400,000 |
|
SRM University Chennai |
INR 5,00,000 |
|
Chandigarh University, Chandigarh |
INR 420,000 |
|
DBS-Doon Business School |
INR 4.52 lakh |
|
Galgotias Institute of Management and Technology |
INR 251,206 |
|
Firebird Institute of Research in Management Coimbatore |
INR 4,80,000 |
|
Indian Institute of Social Welfare and Business Management |
INR 364,500 |
|
JSS Academy of Higher Education and Research, Mysuru |
INR 3,46,700 |
|
FMS Delhi – Faculty of Management Studies University of Delhi |
INR 1,00,000 |
|
SIMSREE, Mumbai |
INR 1,36,000 |
|
Ambedkar University, Delhi |
INR 2,99,880 |
|
Doon University |
INR 40,000 |
|
GD Goenka University – GDGU |
INR 90,000 |
|
Jamnalal Bajaj Institute of Management Studies (JBIMS) |
INR 6,00,000 |
|
BITS Pilani |
INR 2,18,000 |
|
SIMSREE, Mumbai |
INR 1,36,000 |
|
Millennium School of Business, New Delhi |
INR 2,00,000 |
|
Bharati Vidyapeeth’s Institute of Management Studies and Research |
INR 3,50,000 |
|
JSS Academy of Higher Education and Research, Mysuru |
INR 3,46,70 |
|
Galgotias Institute of Management and Technology |
INR 2,51,206 |
|
GD Goenka University – GDGU |
INR 90,000 |
|
Doon University |
INR 40,000 |
|
Guru Nanak Institute of Management Studies, Mumbai |
INR 2,77,200 |
|
FMS Delhi – Faculty of Management Studies University of Delhi |
INR 1,00,000 |
|
PUMBA Pune – Department of Management Sciences Savitribai Phule Pune University |
INR 1,32,388 |
|
Symbiosis Centre for Management and Human Resource Development, Pune |
INR 4,98,500 |
|
Christ University |
INR 3,57,500 |
|
Indian Institute of Social Welfare and Business Management |
INR 3,64,500 |
|
School of Management Studies, University of Hyderabad |
INR 1,64,600 |
|
DoMS Indian Institute of Science – Department of Management Studies, Indian Institute of Science |
INR 302,800 |
|
SIMSREE Mumbai – Sydenham Institute of Management Studies Research and Entrepreneurship Education |
INR 134,000 |
|
Bharati Vidyapeeth’s Institute of Management and Entrepreneurship Development |
INR 450,000 |
|
Amity University, Noida |
INR 165,000 |
|
SAGE University, Indore |
INR 140,000 |
|
Hindustan Institute of Technology and Science |
INR 114,000 |
|
Indian Maritime University |
INR 400,000 |
|
DAVV Indore – Institute of Management Studies, Devi Ahilya University |
INR 120,000 |
|
University College of Commerce and Business Management, Osmania University |
INR 20,000 |
|
Department of Management Studies, Anna University |
INR 56,550 |
|
Dr DY Patil University, Navi Mumbai |
INR 175,000 |
|
Sai Balaji International Institute of Management Sciences |
INR 157,600 |
|
ITS Institute of Technology and Science, Mohan Nagar |
INR 260,000 |
|
Cochin University of Science and Technology |
INR 42,000 |
|
Asia-Pacific Institute of Management |
INR 3,60,000 |
|
St. Kabir Institute of Professional Studies Ahmedabad |
INR 4,95,000 |
|
LN Welingkar Institute of Management Development and Research |
INR 149,265 |
|
Delhi School of Management, Delhi Technological University |
INR 396,000 |
|
PSG Tech – PSG College of Technology, Coimbatore |
Not Prescribed |
|
Jamnalal Bajaj Institute of Management studies (JBIMS) |
INR 6,00,000 |
|
Guru Nanak Institute of Management Studies, Mumbai |
INR 2,77,200 |
|
Bharati Vidyapeeth’s Institute of Management Studies and Research |
INR 3,50,000 |
|
School of Management Studies, University of Hyderabad |
INR 1,64,600 |
|
NIT Warangal – National Institute of Technology |
INR 1,79,500 |
|
SRM University, Chennai |
INR 5,00,000 |
Important Points to be Considered
- Apart from the tuition fees, candidates also have to incur additional costs, which include registration fees, hostel fees, etc. It is seen that most of the top MBA colleges have high tuition fees for their two-year programs. However, MBA applicants can get liberal educational loans as financial aid. Apart from the loans, several scholarships are also provided by certain institutions. As the loan options vary from bank to bank, MBA applicants are suggested to check for different loan options and choose the one that best suits them.
- Also, it is always beneficial to check for the different scholarship options by the particular institutes and apply for them accordingly.
- MBA applicants are also suggested to check the return on investment for the particular institutes and then apply.
- Analyse the total costs and average placements of the institutes to get an idea of the return on investment.
- It is also important to note that most institutes use CAT scores for admissions. So, having a good CAT percentile is extremely important to get shortlisted for further rounds of the respective institutes.
Keep visiting BYJU’S to get more such information. CAT exam aspirants can also get various study materials, exam tips, sample papers and previous years’ question papers to ace the CAT exam easily and get into their preferred B-School.
