Pursuing MBA education can depend upon many factors, with Fees being one of the top criteria. Cost of MBA is a significant factor based on which a candidate choose a MBA colleges. A high cost of tuition often discourages many aspiring students as it will be out of their budget and the loan amount will be too high to bear for candidates. Thankfully, in India, there are many B-schools that can provide top notch placement opportunities to MBA students.
Best MBA colleges in India with Low Fees
Pursuing MBA education does not have to be a burned on a candidate's pocket! For students seeking a balance between affordability and academic excellence, here are few top MBA colleges in India offering high-quality education at comparatively low fees.
Low-cost MBA Programs | Fees |
Faculty of Management Studies, Delhi (FMS) | INR 2,32,000 |
Jamnalal Bajaj Institute of Management Studies, Mumbai (JIBMS) | INR 6,10,000 |
Tata Institute of Management Studies, Mumbai (TISS) | INR 1,80,000 |
SIMSREE, Mumbai | INR 1,38,000 |
Department of Financial Studies, Delhi (DFS) | INR 2,00,000 |
PUMBA, Pune | INR 4,40,000 |
IIT Delhi DOMS | INR 12,00,000 |
IIT Kanpur | INR 3 L - 4 L |
IIT Madras DOMS | INR 13,00,000 |
Also Read, Top MBA Colleges In India Based On Placement Reports 2025
Affordable MBA colleges in India with Low Fees
Top colleges with lower fees often attract significantly higher competition, as every aspirMumbai (TISSe to join pursue MBA at a lower price. These institutes usually have competitive selection process and higher cut offs to only select top talents. Here are the cutoffs along with the exams accepted by the top affordable MBA colleges in India.
Affordable MBA Colleges | Program Fees | Exam Accepted | Cutoff |
Faculty of Management Studies (FMS), Delhi | INR 2,32,000 | CAT | 99.7+ |
Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai | INR 6,10,000 | MAHCET, CMAT, and CAT | 99.9+ |
Tata Institute of Management Studies (TISS), Mumbai | INR 1,80,000 | CAT | 98+ |
SIMSREE, Mumbai | INR 1,38,000 | MBA CET, CMAT, CAT, MAT, ATMA | 99+ |
Department of Financial Studies (DFS), Delhi | INR 2,00,000 | CAT | 94+ |
PUMBA, Pune | INR 4,40,000 | MAH CET, CMAT, CAT, MAT, ATMA | CAT: 75+, CMAT: 95+, MAH CET: 99+ |
IIT Delhi DMS | INR 12,00,000 | CAT | 98+ |
IIT Madras DOMS | INR 13,00,000 | CAT | 98+ |
Also Read, MBA Salary in India 2025, Top Colleges Packages, Growth Trends
IIMs in India with Low Fees
Generally, the fee at IIM colleges is quite high, but there are some new and baby IIMs that require a low fee as compared to the old IIMs. The fee structure of such colleges is mentioned in the table below:
IIMs with Low Fee MBA | MBA Fee Structure |
IIM Amritsar | Rs.21 Lakhs |
IIM Bodhgaya | Rs. 19.52 Lakhs |
IIM Jammu | Rs.20.73 Lakhs |
IIM Nagpur | Rs.18.9 Lakhs |
IIM Raipur | Rs.18.36 Lakhs |
IIM Rohtak | Rs.18 Lakhs |
IIM Tiruchirappalli | Rs.21 Lakhs |
IIM Sirmaur | Rs.17.5 Lakhs |
IIM Visakhapatnam | Rs.17.92 Lakhs |
Also Read, MBA Education Loan 2025, Interest Rates, Documents Required
MBA colleges in India with good ROI
ROI for MBA education can refer to the ratio of financial gain that a student derives after his MBA and the total cost incurred during the program. ROI is a significant factor that candidates consider when choosing a B-school. High ROI would mean getting a competitive package that would take over the MBA cost. Here are the top MBA colleges in India with good ROI.
Low Cost MBA Colleges | Program Fees | Average Placements |
Faculty of Management Studies (FMS), Delhi | INR 2,32,000 | 34.1 LPA |
Jamnalal Bajaj Institute of Management Studies (JIBMS), Mumbai | INR 6,10,000 | 28.02 LPA |
Tata Institute of Management Studies (TISS), Mumbai | INR 1,80,000 | 27.22 LPA |
SIMSREE, Mumbai | INR 1,38,000 | 15.19 LPA |
Department of Financial Studies (DFS), Delhi | INR 2,00,000 | 17.10 LPA |
PUMBA, Pune | INR 4,40,000 | 9.40 LPA |
IIT Delhi DOMS | INR 12,00,000 | 25.50 LPA |
IIT Madras DOMS | INR 13,00,000 | 20 LPA |
Also Read, Top 10 MBA Colleges in India With Fee Structure, Check Now
Why choose Low-cost MBA programs in India?
Opting for a low fees B-school is a smart financial decision, especially for students seeking quality education without seeking hefty debt. Here is why choosing an affordable MBA college might be the right move for you:
- Less Financial Stress: Lower MBA cost minimizes the need for funding MBA education through loan. Also, candidates will not have burn their savings to fund their education.
- Quality education at low price: B schools like FMS, JBIMS, etc. provide quality education and stellar placement opportunities at comparatively lower cost than IIMs.
- Higher Return on Investment (ROI): Affordable B-schools offer excellent ROI, as students can recover their costs quickly due to lower educational expenses and decent placement packages.
Also Read, Top PGDM Colleges In India 2025, Rankings, Placements, Fees
Best MBA colleges in India with Low Fees: Conclusion
In conclusion, students can achieve a balance between the MBA cost and their placement by pursuing MBA at a lower fees. Affordable MBA colleges can provide quality MBA education without straining the pocket of the candidates. These institutions help students build successful careers while keeping costs under control.