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MBA Fees in India: Check course fees of top MBA colleges

MBA fees in India for top colleges range from INR 10,000 to INR 40 lakhs. Check the comprehensive list of MBA fees in India for top colleges.
authorImageAnil Solonki8 Nov, 2024
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MBA Fees in India

MBA Fees in India for Top Colleges: MBA fees is a crucial aspect that candidates consider when joining a college. The MBA fees in India for top colleges ranges between INR 20,000 lakhs to INR 40 lakhs. However, there are many B-schools that offer MBA degrees as low as INR 20,000.

The tuition fee for an MBA program in India varies depending on several key factors. These include colleges’ infrastructure, hostel amenities, extra-curricular offerings, and the curriculum structure. Most government-funded MBA colleges tend to be more budget-friendly, allowing students to access quality education at lower costs. However, colleges that provide international exposure, such as immersion programs requiring students to study abroad for a semester, often have higher fees to cover additional expenses.

Top MBA College Fees in India

The MBA program fees at top institutes vary significantly, with IIMs and XLRI charging considerably more than IITs. As IITs are funded by the government, MBA fees here are considerably low. The table below provides a detailed look at the top 10 MBA colleges in India, along with their NIRF 2024 ranking and their fee structures:

Top MBA College Fees in India

NIRF Ranking 2024 MBA College MBA Course Fees
1 IIM Ahmedabad INR 25.00 lakh
2 IIM Bangalore INR 24.50 lakh
3 IIM Kozhikode INR 20.50 lakh
4 IIT Delhi - Department of Management Studies INR 12.00 lakh
5 IIM Calcutta INR 27.00 lakh
6 IIM Mumbai INR 14.00 lakh
7 IIM Lucknow INR 20.70 lakh
8 IIM Indore INR 21.17 lakh
9 XLRI Jamshedpur INR 28.00 lakh
10 IIT Bombay (SJMSOM) INR 8.15 lakh

MBA Fees in IIMs

To enter IIMs, candidates need to clear the CAT exam in a high percentile. MBA fees at IIMs go up to INR 27 lakhs, while some IIMs offer an MBA at INR 14 lakhs. Here’s an overview of full-time MBA fees across various IIMs:

MBA Fees in IIMs

IIM Campus MBA/PGP Fees (Latest)
IIM Calcutta INR 27.00 lakh
IIM Ahmedabad INR 25.00 lakh
IIM Sambalpur INR 21.01 lakh
IIM Bangalore INR 24.50 lakh
IIM Kozhikode INR 20.50 lakh
IIM Lucknow INR 20.70 lakh
IIM Udaipur INR 14.96 lakh
IIM Raipur INR 18.00 lakh (excluding boarding fees)
IIM Visakhapatnam INR 17.82 lakh
IIM Rohtak INR 17.90 lakh
IIM Ranchi INR 17.20 lakh
IIM Trichy INR 19.50 lakh
IIM Sirmaur INR 17.50 lakh
IIM Amritsar INR 21.00 lakh
IIM Bodhgaya INR 17.96 lakh
IIM Kashipur INR 17.30 lakh
IIM Jammu INR 18.85 lakh
IIM Indore INR 21.17 lakh
IIM Shillong INR 17.50 lakh
IIM Nagpur INR 18.90 lakh
IIM Mumbai INR 14.00 lakh

MBA Fees in Non-IIMs

There are many renowned non-IIMs that offer MBA programs. Numerous MBA aspirants aim to secure a seat in these institutes as they provide excellent placement opportunities. Most of these B-schools charge between INR 11 and 30 lakh for their MBA programs. The table below presents a summary of MBA fees in top non-IIMs across India:

MBA Fees in Non-IIMs

B-School Fees
MDI Gurgaon INR 24 to 28 lakh
FMS Delhi INR 1.92 lakh
IIFT New Delhi INR 21.77 lakh
SPJIMR Mumbai INR 23.50 lakh
SIBM, Pune INR 24.59 lakh
ISB Hyderabad INR 38 to 41 lakh
IMI Delhi INR 18.20 lakh
Jamnalal Bajaj Inst. of Management Studies, Mumbai INR 6.00 lakh
IMT Ghaziabad INR 19.50 lakh
NMIMS Mumbai INR 11.90 to 24.00 lakh
BIMTECH Greater Noida INR 14.00 lakh
Prin. L. N. Welingkar Institute, Mumbai INR 94,000 to 14.00 lakh
IRMA Anand INR 12.60 lakh
K. J. Somaiya Institute, Mumbai INR 19.94 lakh
TAPMI Manipal INR 16.50 lakh
XIMB Bhubaneswar INR 21.50 lakh
Symbiosis Inst. of Business Management, Bangalore INR 18.00 lakh
Great Lakes Inst. of Management, Chennai INR 19.95 lakh
IIT Madras INR 15.00 lakh

MBA Fees in IITs

IITs in India offer specialised MBA programs through their Departments of Management Studies (DMS), each with unique course offerings, seat availability, fees, and placement packages. The table below shows the MBA fees at various IITs:

MBA Fees in IITs

IIT Campus MBA Program Tuition Fees (Approx.)
IIT Kharagpur (Vinod Gupta School of Management) MBA INR 10.51 lakh
IIT Madras (Department of Management Studies) MBA INR 8.00 lakh
IIT Delhi (Department of Management Studies) MBA MBA: INR 9.60 lakh
IIT Kharagpur MHRM INR 3.00 lakh
IIT Roorkee  (Department of Management Studies) MBA INR 8.00 lakh
IIT Bombay (Shailesh J Mehta School of Management) MBA INR 8.73 lakh
ISM Dhanbad (Department of Management Studies) MBA INR 3.40 lakh
IIT Kanpur (Dept. of Industrial & Management Engineering) MBA INR 4.14 lakh
IIT Jodhpur MBA INR 8.00 lakh

MBA Fees Below 10 Lakhs

Several top institutions in India offer MBA programs with fees below INR 10 lakh. These institutes are suitable for candidates wanting to pursue an MBA at a low fee. The following table presents the MBA colleges that offer MBA at a fee below 10 lakhs:

Colleges with MBA Fees Below 10 Lakhs

B-School Fees (Approx.)
IIT Kharagpur - Vinod Gupta School of Management INR 9.30 lakh
IIT Delhi - Department of Management Studies INR 9.6 lakh
BITS Pilani INR 9.26 lakh
IIT Bombay - Shailesh J. Mehta School of Management INR 8.32 lakh
NITIE, Mumbai INR 8.50 lakh
IIT Roorkee INR 8.00 lakh

MBA Fees Below 5 Lakhs

There are many esteemed institutes in India that offer MBAs below INR 5 lakhs. These include colleges like Symbiosis International University, Amity University, Christ University, and others. Below are some institutions that provide MBA programs below the range of INR 5 lakhs:

Colleges with MBA Fees Below 5 Lakhs

B-School Fees (Approx.)
Christ University, Bangalore INR 3.80 lakh
Prin. L. N. Welingkar Inst. of Management, Mumbai INR 3.00 lakh
Chandigarh University INR 4.00 lakh
International School of Management and Research INR 3.20 lakh
Pune Inst. of Business Management INR 4.05 lakh
IIMP, Pune INR 4.00 lakh
ASM’s IBMR, Pune INR 3.20 lakh
MIT Pune INR 3.50 lakh
Amity University INR 4.47 lakh
Gems B School, Bangalore INR 4.20 lakh
Doon Business School (DBS) INR 4.52 lakh
IES MCRC, Mumbai INR 4.20 lakh
Galgotias University INR 4.47 lakh
Shri Ram College of Commerce (SRCC) INR 3.20 lakh

MBA Fees Below 1 Lakh

Multiple reputable universities and colleges across India offer MBA programs with fees under INR 1 lakh. These programs are generally provided by departments within central and state universities. These institutes are recognised by the UGC and maintain high academic standards despite their affordability.

Below are the top B-schools in India offering MBA below INR 1 lakh:

Colleges with MBA Fees Below 1 Lakhs

B-School Fees (Approx.)
Jamia Millia Islamia (JMI) 33,170
Amity University 54,000
BK School of Business Management 80,000
Banaras Hindu University (BHU) 98,888
University of Delhi - Dept. of Financial Studies 26,000
Tata Institute of Social Sciences (TISS), Mumbai 40,600
Maharshi Dayanand University 84,468
Vishwa Vishwani School of Business 54,000
Panjab University - University Business School 60,000
YMCA New Delhi 61,256
University of Mumbai - Garware Institute 65,420
MDU Center, Dwarka 48,000
Utkal University 40,600
Chaitanya Bharathi Inst. of Technology 86,000
IISWBM 70,000
Babu Banarasi Das University 80,000
Andhra University, Visakhapatnam 24,440
Aligarh Muslim University (AMU) 3,500
Gujarat University 6,000
Osmania University 20,000
Patna University 9,500
Anna University (DMS) 56,550
Gauhati University 14,090
Doon University 40,000
GD Goenka University 90,000
PW MBA Online Coaching helps candidates secure admission to their preferred MBA institutes by offering thorough preparation for exams like CAT , XAT , GMAT , and more. Join PW MBA Coaching Class to access regular live lectures, recorded video lessons, updated DPPs, doubt clarification sessions, and mock tests with performance analysis.

MBA Fees in India FAQs

Which is the rank 1 college for MBA in NIRF?

According to the NIRF 2024 ranking, IIM Ahmedabad is the rank 1 college in the MBA category.

How much fees for an MBA in India?

MBA fees in top institutes in India range from INR 2 lakhs to INR 30 lakhs.

Which MBA college has the highest fees in India?

ISB Hyderabad has the highest fees for MBA courses in India.

Which MBA college is best with low fees in India?

There are many top MBA colleges in India that offer MBA at a low fee, including FMS Delhi, IIT Delhi DMS, IIT Bombay, and more.

How can I afford MBA fees?

Many financial institutions in India offer education loans to cover MBA tuition fees. Additionally, renowned institutes provide scholarship benefits to deserving students, which help them cover their MBA tuition fees.
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